Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
AG goes as the silver price goes. If there is not much to say about silver, there's not much to say about AG.
Picked up 25k @ 1.87. Figure there will be some kind of News in December. Theissen said something in his last presentation that caught my attention.
If the Environmental Save the Salmon initiative opposing the project gets on the ballot next election, the Pebble project will be toast. No company will risk billions of dollars partnering with Pebble unless they know for sure that the permits will be issued, and that the entire project will not be voted down by the people of Alaska.
Exactly. There are just too many left wing activist judges out there appointed under the previous administration who agree with the environmentalists. If anything regarding opposition to the Pebble Project is heard before a left wing activist Judge, you can kiss Pebble good bye.
HOD = High Of Day
It appears Gold does not follow the dollar anymore. The dollar is getting hammered today, down .42, but Gold still gets whacked. Why? Because it is all about the Japanese Yen now, not the dollar. If the Yen is up, Gold is down. If the Yen crashes, Gold rockets back up. Currently the Yen is up .29 and Gold is down 3.40.
This is not good. I thought they had a specific partner already lined up and were in the final stages of negotiations with the partner ready to commit at any moment. Some even expected there would be an announcement today or next week. Theissen now says there is not even so much as an indication of who a partner would be.
The people of Alaska decide, not Pruitt. If the Bristol Bay initiative gets on the ballot, and the people vote they don't want the mine, Pebble is toast.
According to Bristol Bay Corp. the mine is too big "in any configuration" and they will fight it tooth and nail.
I was also told $20 by AMPX in Oklahoma City. They seem pretty legit.
No. But I heard silver will move up to $20. I Heard it the same place you say you heard silver will drop under 10 dollars.
Why would anyone not find it interesting? It spells out all of the obstacles that need to be overcome that are ahead of the company in order to make the Pebble Project a reality.
Good Grief - The cautionary risk statement is full of land mines - and no, it is not the standard cautionary statement with the standard generalizations that every company puts out. This one has many more specific potential pit falls pertaining exclusively to the Pebble Project.
Assumptions used by the Company to develop forward-looking statements include the following: the Pebble Project will obtain all required environmental and other permits and all land use and other licenses, studies and development of the Pebble Project will continue to be positive, and no geological or technical problems will occur. The likelihood of future mining at the Pebble Project is subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including obtaining necessary mining and construction permits, approvals, licenses and title on a timely basis and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, the final outcome of any litigation, completion of pre-feasibility and final feasibility studies, preparation of all necessary engineering for surface or underground mining and processing facilities as well as receipt of significant additional financing to fund these objectives as well as funding mine construction. Such funding may not be available to the Company on acceptable terms or on any terms at all. There is no known ore at the Pebble Project and there is no assurance that the mineralization at the Pebble Project will ever be classified as ore. The need for compliance with extensive environmental and socio-economic rules and practices and the requirement for the Company to obtain government permitting can cause a delay or even abandonment of a mineral project. The Company is also subject to the specific risks inherent in the mining business as well as general economic and business conditions. For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange Commission and its home jurisdiction filings that are available at www.sedar.com
https://ih.advfn.com/p.php?pid=nmona&article=76031987
.
First Majestic Silver Corp. (AG) Upgraded at Zacks Investment Research
https://www.truebluetribune.com/2017/11/02/first-majestic-silver-corp-ag-upgraded-to-buy-at-zacks-investment-research.html
.
Interesting that the article didn't mention anything about the Fish Habitat Protection Initiative potentially being on the election ballot. If that initiative ever gets on the ballot, and is voted into law by the people of Alaska, the Pebble project is toast regardless of any EPA rulings, Permits, or Partnerships.
https://www.adn.com/politics/2017/10/20/walker-administration-asks-state-supreme-court-to-block-salmon-protection-initiative/
.
You got that right. I have been posting warnings here for months about the potential for liberal activist judges causing problems for the Pebble Project.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=9923&srchyr=2017&SearchStr=liberal+judge
.
.
Then why did an Alaskan Superior Court Judge rule in favor of allowing the Fish Habitat Protection initiative's ballot proposal to move ahead, and be placed on the ballot if they get 30,000 signatures in favor of it?
The Pebble project better hope the appeal is successful and the Fish Habitat Protection Initiative is not on the election ballot. If that initiative ever gets on the ballot, and is voted into law by the people of Alaska, the Pebble project is toast.
Yeah, it's always "the shorts" are the problem. Been hearing that here and elsewhere over and over again for over a year. Doesn't seem to matter whether the short percentage is high or low, it's always "the shorts" are the reason the stock price is too low, or the stock price is not "taking off". That tiresome argument has become a cancer that has spread across IHUB almost everywhere you look, and is continually used as an excuse for a stock price that doesn't do what longs want it to.
The "it's the evil shorts who are the problem" mantra, hammered over and over again almost daily, that becomes just a convenient deflection cliche, and eventually becomes counter productive to understanding the actual reasons behind why a company has problems with its stock price.
However, the "it's the shorts" mantra is necessary in order to dangle the other cancer that haunts stock boards, which is the almost mythical "wait for the short squeeze" mantra, something that rarely ever actually occurs, but is constantly pushed as a carrot to suck in unwitting investors with promises of great riches when "the shorts get burned" and the mythical "short squeeze" happens.
Mining News: SfS measure chalks win
Judge rules in favor of salmon initiative Mallott deemed unconstitutional
http://www.petroleumnews.com/pntruncate/672637061.shtml
.
First Majestic Produces 4.0M Silver Eqv. Oz in Third Quarter
https://ih.advfn.com/p.php?pid=nmona&article=75875706
.
No its not. Its Mexico, not Switzerland.
The locals will have 4 new needed job openings in the mines. The government needs the income. The only ones screaming the sky is falling are the short sellers who suddenly appear out of nowhere and start hoping for the worst.
You don't go public until all the facts are in and the families are notified, so that argument and criticism is garbage. Mining accidents happen frequently. All the safety precautions were in place. The miners didn't use their equipment and paid the price.
"The Company expects to resume mining operations on October 4, 2017 "
Agreed. Look how well AG did today in the face of a huge Gold/Silver smash down. AG price was rising while Gold/Silver prices were falling. Watch what happens now when silver takes off again. The AG gains should be powerful.
He was supposed to be in "advanced negotiations in the third quarter. So the 4th quarter of 2017 will become the 1st quarter of 2018 and so on and so on. I am starting to think Thiessen is holding the "advanced negotiations" carrot on a stick, stalling for time to fleece more investors.
4th Quarter?? What happened to the 3rd Quarter they have been touting all year?
Keith Neumeyer Is Optimistic About Silver Mine Impact Post-Earthquake
http://www.silverdoctors.com/silver/silver-miners/keith-neumeyer-is-optimistic-about-silver-mine-impact-post-earthquake/
.
BREAKING: U.S. Senators Introduce Bill In DIRECT ATTACK ON U.S. GOLD & SILVER MINING
"Since mining companies are already losing money because of precious metals price suppression, and the companies are trying to make up for the losses on volume, there wouldn’t even be any volume to sell because gold and silver production in the U.S. could grind to a halt as the federal government can just shut it all down."
http://www.silverdoctors.com/gold/gold-news/breaking-u-s-senators-introduce-bill-in-direct-attack-on-gold-silver-mining/
.
Sounds like a bunch of smoke and mirrors set up to lead gullible shareholders along by the rings in their noses with the promise of some great "partnership announcement." Is it possible the CEO was full of BS from the beginning?
That's terrible news. So what you are saying is the partner was and had already been established, and had been for some time. There will be no grand announcement about something that has already been in place, and the price will go no higher.
Almost NOTHING ever happens according to timelines Company CEO's predict or say will "hopefully" transpire (which are always best case scenario, and best case scenarios rarely happen). If there is no partnership this quarter, which will probably be the case, and parts of the permitting process gets delayed, as these processes invariably do, the NAK price will move back down into the $1.20-1.40 levels again, especially if there is nothing happening through October and Company revises it's partnership hopes and predictions to "end of the next quarter."
Once again they smash Gold/Silver down to kill momentum. Getting tiresome.
Yes, and if Silver continues to move up and breaks through $18 towards $19, AG will move up with it towards $10.00. I am looking ahead to $20.00+ Silver price and AG moving to the $14 to $16 or higher levels in 2018.
Scott Pruitt answers to Donald Trump who appointed him.