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almost. lol. It is only about 190 miles from Jerusalem to Eilat on the Red Sea. About 150 miles of that is the Negev Desert. The length of Israel must be close to 300 miles.
I live in Washington State, about 200 miles south of the Canadian border.
Good morning Tsafi:
I like the companies that are listed on the TSX for several reasons. Most of the juniors have a lot less outstanding shares than those in the US. I also started buying Canadian stocks when the CAD was around 68 cents. I believed at that time that the Canadian dollar would be worth more than the US dollar in a few short years. It is now about equal. I not only gain on the increase in the stock price but I gain on the increase in the Canadian dollar.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2008) - Andean American
Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) is pleased to announce that it
has received approval to list its common shares for trading on the Bolsa de
Valores de Lima (the "Lima Exchange"). Trading will commence on February 7,
2008 under the trading symbol AAG. Andean American is sponsored by Scotia Bolsa
S.A., Scotiabank's Brokerage House in Peru where Scotiabank is the third
largest bank.
The Lima Exchange main index rose 286.1% since December 2004 up until December
2007. The mining index, which makes up more than 50% of the Lima Exchange's
listings, rose 367% during the same period. The Lima Exchange junior sector is
growing quickly. It was started in 2005, with total capital of $13.92 million
USD, and rose to $444.33 million USD by the end of 2007. Due to the strong
interest in mining by Peruvian investors, the growth is expected to continue.
John Huguet, Chairman and CEO, said, "Peru has a long history of mining and the
majority of companies listed on the Lima Exchange are involved in mining.
Andean American is very interested in the Peruvian investment community having
the opportunity to participate in the growth of our company, particularly with
the Invicta Project moving to the feasibility study phase and the progress of
the Sinchao Project. This listing on the Lima Exchange will make the process
much easier."
Andean American Mining Corp. is an international mining and exploration company
focused on growth both organically and through acquisitions. The Company is
actively pursuing new targets of potential early stage gold and silver
prospects in Peru and currently has three key assets: the 27,500 hectare
Invicta gold-silver-copper advanced exploration stage project; 58% of Sinchao
Metals Corp., owner of the Sinchao zinc-copper-silver-gold-lead mineralization
project; and the 9,000 hectare Santa Rosa property, which is a small producing
open-pit mine.
09:00 EST Thursday, February 07, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 7, 2008) - Andean American Mining Corporation (TSX VENTURE:AAG)(FRANKFURT:AQN)(BVL:AAG) is pleased to announce the acquisition by staking of an additional 7,500 hectares at the Invicta Project, bringing the total land position to 29,700 hectares or 73,390 acres. Invicta hosts low-sulphidation epithermal style gold-silver-copper mineralization and is located in the Department of Lima, Province of Huara, approximately 225 kilometers north of the city of Lima at an altitude of 3,400 metres. Andean American acquired an option to purchase 100% of an advanced exploration stage project of 3,700 hectares, which it named Invicta, from a Barrick wholly owned subsidiary, Minera ABX Exploraciones SA in 2005. Subsequent to this date, Andean American independently acquired an additional 26,000 hectares contiguous to the property and brought the land position for the project to 29,700 hectares.
For an updated property map, please visit: http://www.ccnmatthews.com/docs/aag0207.pdf
The NY metals market is at it again. Gold was up in London and trading at $906.50 when the NY market opened. Currently gold is trading at $897.90 and silver is $16.49.
Today gold closed up $13.90 at $900.50 and silver closed up .20 at $16.51.
Today gold closed down $18.30 at $886.60 and silver closed down .42 at $16.31.
This morning the London metals market has gold down $16.40 at $888.50 and silver down .26 at $16.47 as the NY market opens.
Platinum hit $1801.00 for another new all time high before backing off and closing at $1791.00, up $35.00.
Today gold closed up .10 at $904.90 and silver closed down .06 at $16.73.
Utcheevis, On January 1, 2009 I will make you out a list. lol
With over 144 trillion dollars in bank controlled derivatives (that's TRILLION) look for some large banks to go bankrupt or taken over before the end of the year. Invest accordingly.
Today gold closed down $15.30 at $907.90 and silver closed down .08 at $16.79. Silver dropped .51 during the NY trading time. For the week gold is down $2.60 and silver is up .38.
That should read"silver was $17.30".
There appears to be a conspiracy concerning the price of gold and silver. When the NY market opened
gold was $937.00 and silver was $16.97. Kitco has changed the highs to $916.40 and $16.97. Gold
has been knocked down to $903.60 and silver to $16.80 before rebounding.
The NY metals market drove gold back from $937.00 to $927.80 and silver dropped from $17.30 to $17.09 in the 1st 40 minutes.
At 3:55 am, PST gold is up $11.10 at $934.30 and silver is up .35 at $17.22
Today gold closed up $2.00 at $923.20 and silver closed up .17 at $16.87. Silver dropped .08 in the last two minutes of trading. So far this week gold is up $12.70 and silver is up .46.
Gold and silver are on the move again with gold currently up $4.50 at $925.70 and silver up .24 at $16.94.
Currently gold is up $15.70 at $936.90 and silver is up .17 at $16.87.
Century Petroleum Corp.
(An Exploration Stage Company)
Balance Sheet
(Expressed in US dollars)
(unaudited)
October 31,
2007
ASSETS
Current Assets
Cash $ 414,661
Prepaid expenses and other current assets 50,475
Total Current Assets 465,136
Property and Equipment, net 3,448
Intangible Assets, net 10,627
Oil and Gas Interest (full cost method) (Note 2) 5,711,655
Total Assets $ 6,190,866
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accounts payable $ 13,218
Accounts payable-related party (Note 5(a)) 100
Accrued liabilities 158,177
Due to related party (Note 5(a)) 2,000
Total Liabilities 173,495
Stockholders’ Equity
Preferred Stock, 7,000,000 shares authorized, $0.001 par value
none issued and outstanding –
Common Stock, 483,000,000 shares authorized, $0.001 par value
68,743,071 shares issued and outstanding 68,743
Additional Paid-in Capital 16,817,877
Common Stock Subscribed (128,333 shares to be issued) 101,383
Deferred Compensation (7,560,000 )
Deficit Accumulated During the Exploration Stage (3,410,632 )
Total Stockholders’ Equity 6,017,371
Total Liabilities and Stockholders’ Equity $ 6,190,866
Today gold closed up $1.80 at $926.60 and silver closed down .04 at $16.70.
Today gold closed down $2.10 at $924.80 and silver closed up .06 at $16.74. So far this week gold is up $14.30 and silver is up .33.
After dropping to $16.51 earlier this morning silver is now trading at $16.71.
Today gold closed up $16.40 at 926.90 and silver closed up .27 at $16.68. Gold continues to out pace silver with a gold/silver ratio today of 60.7 and an over-all ratio of 55.57.
Here is the information for the week: Today gold closed up $3.50 at
$609.50 and silver closed up .16 at $16.41. For the week gold is up $30.00
and silver is up $.32.
12-14-07 -- Gold $793.10...silver $13.81
12-21-07 --Gold $811.70...silver $14.34
12-28-07 --Gold $838.80...silver $14.76
1-4-08 ----Gold $863.00...silver $15.30
1-11-08---Gold $888.80...silver $16.23
1-18-08---Gold $880.50...silver $16.09
1-25-08---Gold $910.50...silver $16.41
This is a good indication of what has happened during the past six weeks.
At the latest there
should have been a 10 to 15% pullback this week. This indicates to me that
this may be a longer
sustained spike than I had anticipated. A good indication is the silver
lease forward rates that
have been very volatile and in the negative much of the time. The Bullion
Banks are doing their
best but it does not appear to be working. They are able to hold the price
under control
enough so that gold is doing better than silver at the present time. During
the past week the
gold/silver ratio was 93.75 to 1. This is the 1st time in my lifetime to
see gold rise faster than
silver in a bull market.
Today gold closed up $3.50 at $609.50 and silver closed up .16 at $16.41. For the week gold is up $30.00 and silver is up $.32.
Good for you. How about bullion?
Platinum is on a rampage. Platinum is up $84.00 at $1,690 for another all time high.
Langlui, I hope that you are loaded, with gold that is. lol
Gold and silver continue to break through new highs, gold all time and silver an 18 year high. Gold is currently up $14.80 at $921.80 and silver is up.33 at $16.58.
Today gold closed up $22.40 at $907.00 and silver closed up .45 at $16.25.
Gold and silver continue up in New York with gold up $26.00 at $910.80 and silver up .62 at $16.42.
All silver lease rates are down big this morning pushing all rates in the negative.
One month rate -4436%
Two month rate -4130%
Three month rate -3491%
Six month rate -2357%
One year rate -0189%
Gold and silver are doing well in London with gold currently up $16.00 at $900.80 and silver up .52 at $16.32.
Today gold closed down $5.00 at $884.80 and silver closed down .22 at $15.80.
I believe that a second grader would spell it LOSING not loosing.
Gold and silver were down slightly in London this morning and the slide is currently continuing. At the end of the 1st half hour in New York gold is down $11.80 and silver is down .31.
This morning there has been a large increase in the silver lease forward rates which leaves only the two month rate in negative territory. Yesterday all rates were negative.