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NOT funny
Address changer is right.....I'm moving to Shanghai.
Well I am officially all-in today. Now the waiting begins (again),
The Italian Stock Exchange.
I just got filled.
I'd rather get in now for .0005 than miss it waiting for .0004 like I have been. I'm changing my order now.
Gremlin do you need help?
There was supposed to be a CH update at 3:00 today, right?
Ok, I feel better now. No more picture posts (for today).
GOOOO NWTT !
Here is a picture to remind everyone why we are here.
Keep the faith. We are going to do very well in this stock.
GO NWTT
GO NWTT
GOLD ORE PROCESSING:
Overall, the cyanide process is very efficient. A gold ore containing less than one gram of gold per ton can, in some cases (and depending on the gold price), be profitably treated. A modern cyanide mill recovers or extracts 95% to 98% of the gold in the ore.
In a cyanide mill, lime and cyanide are added to the ore pulp in the grinding circuit. The lime has several functions: it protects the cyanide from being destroyed by naturally occurring chemicals called cyanicides and improves the settlement rate of the pulp in the thickening stage.
Cyanidation (the actual dissolution of the gold) begins in the grinding step. Cyanide and lime solutions are introduced here, where newly liberated gold particles are constantly being polished by the grinding action and the solutions are heated by the friction. Depending on the ore and fineness of grind, from 30% to 70% of the gold may be dissolved during the grinding process.
Additional time is required to place the balance of the liberated gold into solution. This is done by pumping the gold-bearing pulp to a number of mixing tanks, known as agitators. Here the pulp is aerated either mechanically or by compressed air, or by a combination of both, for a predetermined period of time. This varies any where from 24 to 48 hours.
The 1980s saw a rapid expansion in gold production from low-grade oxide deposits around the world. That expansion could not have occurred without the development of a new, low-cost method of recovering the gold. That process is called heap leaching.
Heap leaching avoids most of the above steps, and does not even require that a mill be built, making it a very low-cost method of processing ore. Here, broken ore is heaped onto a thick polyethylene sheet, called a liner, and then dilute cyanide solution is sprinkled on top of the heap. As the solution trickles down through the ore, the gold is dissolved. Before the heap is constructed, the polyethylene liner is laid down in such a way that the cyanide solution will drain to a central point. From here the gold-laden solution is channeled into a man-made pond.
One downside of heap leaching is lower recovery — just 65% to 85% of the gold in the ore ends up in the gold bars a heap-leach mine produces.
GO NWTT
GO NWTT I, for one, feel manipulated by that posting which says that bad news is coming....and the manipulation is working because I have some money to add to my shares, but am now, not buying, but sitting here waiting for the bad news. Does anyone else feel like this? GO NWTT.
Good post. Please post more often. :)
GO NWTT. (That's so my post is not deleted.)
If they have brought accredited investors in, and they were able to do a share buyback at .0001, then they could have bought 3 billion shares back for only $300,000 US. If this so, the stock will respond very nicely to that news. IMHO
I have been waiting for another opportunity to add. Looks like it may happen now.
I suspect the bad news will be increasing the shares. That would be pretty bad.
I'm just trying to understand what you see here that causes you concern. Maybe I have missed something. Maybe others have missed something. Thanks.
"I see scam stocks like NWTT all the time but as long as you're not only aware that it's a scam but know how to trade it you should do just fine."
You have posted on this board two (2) times, and you know this is a scam stock how ?
Five Fundamental Reasons Gold Will Soar
Gold Fundamental No. 1: You Can't Ignore Inflation: The 2008 stock market panic sent stock and commodity prices - including the price of oil - into a tailspin. And that launched the big debate about whether inflation or deflation would ultimately carry the day. Keep in mind that since 2001 - under benign price inflation of roughly 2.5% - gold has managed to rise about 400%. Meanwhile, the U.S. Federal Reserve is widely expected to keep short-term rates near zero through this year, leaving the door open for rampant inflation.
Meanwhile, quantitative easing to shorten the recession has caused America's monetary base to explode. Starting in October 2008, during a very short span of only four months, the central bank doubled the U.S. money supply, going way beyond anything ever attempted in the nation's history.
Worldwide, central banks have rolled out an unprecedented $12 trillion worth of stimulus programs, with most of the money still to be spent.
Make no mistake, inflation will win out over deflation.
Gold Fundamental No. 2: Investment Demand is Exploding: Large institutional investors - hedge funds and pension funds - are making large allocations to gold, as are individual investors.
The proliferation of gold-focused exchange-traded funds (ETFs) bears this out. The SPDR Gold Trust (NYSE: GLD), the world's largest physically backed ETF with 1,100 tons of the lustrous metal, is the sixth-largest holder of gold bullion. Individual investors have never had an easier avenue for owning gold.
This isn't just merely a U.S. manifestation. According to the World Gold Council, demand advanced 15% from the second quarter to the third last year.
Asia, with a population that exceeds 2.5 billion inhabitants and a long-standing cultural affinity for gold, is stoking global demand in a big way. China is overtly encouraging its citizens to buy gold and silver, while offering them gold-linked checking accounts. China is primed to overtake India as the world's largest consumer of gold. A quickly developing middle class whose members are experiencing rapid escalations in disposable income are a major bullish driver for the price of gold.
Gold Fundamental No. 3: Central Banks are Becoming Net Buyers: India's recent purchase of 200 tons of International Monetary Fund (IMF) gold was the likely impetus that pushed gold up over the $1,200 level in December. But more important is the sea change that has seen central banks morph from net sellers into net buyers of gold. BlackRock Inc. (NYSE: BLK), one of the world's largest investment managers, said that 2009 was that turning point. If that was the case, it will have been the first time in 20 years, as central banks have been net sellers of gold since 1988.
Gold Fundamental No. 4: A Currency Crisis is Looming: The "PIGS" - Portugal, Italy, Greece and Spain (or "PIIGS," if you want to include Ireland) - aren't in very good fiscal shape. And they aren't alone. Iceland has already gone over the edge. The United States, the United Kingdom, and countless other economies are struggling. And that reality has ignited a crisis of confidence about fiat currencies in the minds of many investors. Money is nothing more than paper and ink, backed by the full faith and credit of the issuer. When investors find that their faith in the issuer is shaken, the value of that currency erodes. Additional sovereign-debt downgrades from ratings agencies are but one potential trigger of a currency crisis. Under such conditions, gold - the ultimate store of value, and the oldest existing form of money on earth - will soar as investors seek to protect their purchasing power.
Gold Fundamental No. 5: We've Yet to Reach the Mania Stage: As we've outlined before, the gold bubble that takes prices to all-time-record levels will inflate in three distinct stages. This process will start with currency devaluations in Stage One, will be fueled by growing investment demand in Stage Two and will experience its stratospheric ascent in Stage Three, the mania phase of this evolution.
Make no mistake, the $5,000 price point will most likely be reached in this third and final phase. The price of gold will behave like it is strapped to a jet pack. And today's market prices will be dwarfed by the levels gold prices will ultimately achieve.
Keep in mind, the entire gold industry has an aggregate market capitalization (value) below that of Wal-Mart Stores Inc. (NYSE: WMT) alone (currently about $210 billion). So as the crowd piles in, the "big money" to be made will lie with gold explorers and producers, where 1,000% returns will not be uncommon, even from today's prices.
All these fundamentals underscore that gold prices have plenty of room to run from here.
And since I expect gold will eventually reach the $5,000 range, that leaves plenty of room for investors to profit by entering at current levels.
(From moneymorning.com)
europe1980, they are in the process of forming a conglomerate, one facet of this diamond in the rough WILL be a gold mining operation.
Deafcone, I hope this stock goes to $1.00 just for you ! :)
Well, the MM's made some money today. I'm still adding this week so I don't mind seeing it come back to 4/5 again. When the right factors line up, we will move with more conviction.
“China’s domestic production of gold, albeit the largest in the world, cannot satisfy its demand,” said Ellison Chu, managing director at the precious-metals desk at Standard Bank Asia Ltd. in Hong Kong. “By allowing more foreign participation and more Chinese commercial banks to import and export, China can better balance its demand and supply.”
(The supply of gold will never exceed the demand because of the way all of the major countries stockpile gold reserves.)
I am posting this ONLY to give us some perspective.
This is from a Yukon drilling program almost TWO years ago, and they were calling this VERY GOOD GRADES OF GOLD.......(also, keep in mind that there are a little over 28 grams to an oz.)
"has very good grades of gold, consistently 4 to 6 grams per tonne."
Last year's drill program of the Golden Saddle zone saw many excellent intercepts, and nearly every hole contained some degree of gold mineralization. Highlights of those results are as follows:
18.1 meters grading 4.35 grams per tonne gold;
17.7 meters grading 4.38 grams per tonne gold;
16 meters grading 4.2 grams per tonne gold;
16 meters grading 4.16 grams per tonne gold;
21.6 metres grading 5.6 grams per tonne gold;
14.2 meters grading 3.38 grams per tonne gold;
50.7 metres grading 3.1 grams per tonne gold.
The Gold Bullion market's lackluster response during Egypt's unrest suggests "there is no direct link between geopolitical risk in the Middle East and the gold price," reckons one dealer in a note.
Oh well.
Bullion sales in the US, meanwhile, have shown some price sensitivity, with sales in the fourth quarter dropping to 8.3 tonnes from a previous three-quarter average of 9.9 tonnes.
Chinese investors, however, have more than taken up the slack. Physical delivery at the Shanghai Gold Exchange reached 836.7 tonnes in 2010, 236.6 tonnes of which occurred during the fourth quarter. As of Q4 2010, physical delivery now constitutes a full third of trading volume.
Speaking of China, the recently launched Industrial and Commercial Bank of China gold accumulation plan (GAP) has seen brisk investment, growing to 11.5 tonnes of gold by the end of 2010. Investors have opened more than 1 million accounts so far.
While GAP is not a direct way to buy bullion, it does offer Chinese investors a way to accumulate small amounts of gold on a daily basis over a long period of time. Once the contract matures, the investor is able to renew the contract, convert it to cash or exchange it for physical gold. The program was pilot-tested in several cities in the country and officially launched on December 10.
It is 2:00 in the afternoon, and I think I am the only one here, with the time difference. :(
I am hoping to pick up more .0004's this week. Not sure it will come back, but I am going to try.
Are we talking metric tonne?
Even a range of .25 - .50 oz./ton and we will be sitting pretty.
Shares were/are being bought back. We will be updated.
Gold concentration not known yet. We will be updated.
Yes, I do model. Happy now?
I will will be adding many shares during the next week.
Life can be easy, or life can be hard. Let's remember why we are here.
There sure is gold in those hills. We don't have to wait for it to be discovered either. It is there, and just needs a litlle confimation of the quatity.