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SWC from 23$ to 16$
Short Interest (Shares Short) 28,776,100
http://shortsqueeze.com/?symbol=hdy&submit=Short+Quote%99
THE BEAR IS BACK AND THIS TIME IT WILL BE MUCH WORSE
Don't let the perma bulls fool you, this is not a normal correction, and it has nothing to do with Greece or Spain.
This is the beginnings of the next leg down in the secular bear market and the start of the next economic recession/depression.
And this time it's going to be much much worse than it was in `08.
http://goldscents.blogspot.com/2011/06/bear-is-back-and-this-time-it-will-be.html
AUDIO MP3
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http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/6/25_Ben_Davies_files/Ben%20Davies%206%3A25%3A2011.mp3
THE BEAR IS BACK AND THIS TIME IT WILL BE MUCH WORSE
Don't let the perma bulls fool you, this is not a normal correction, and it has nothing to do with Greece or Spain.
This is the beginnings of the next leg down in the secular bear market and the start of the next economic recession/depression.
And this time it's going to be much much worse than it was in `08.
http://goldscents.blogspot.com/2011/06/bear-is-back-and-this-time-it-will-be.html
AUDIO MP3
----------->
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/6/25_Ben_Davies_files/Ben%20Davies%206%3A25%3A2011.mp3
THE BEAR IS BACK AND THIS TIME IT WILL BE MUCH WORSE
Don't let the perma bulls fool you, this is not a normal correction, and it has nothing to do with Greece or Spain.
This is the beginnings of the next leg down in the secular bear market and the start of the next economic recession/depression.
And this time it's going to be much much worse than it was in `08.
http://goldscents.blogspot.com/2011/06/bear-is-back-and-this-time-it-will-be.html
AUDIO MP3
----------->
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/6/25_Ben_Davies_files/Ben%20Davies%206%3A25%3A2011.mp3
Great Panther owns two small silver mines in Mexico, producing 2.9 million silver equivalent ounces in 2011, with production expected to reach 3.8 million silver equivilent ounces by 2012. The increase in production will come from the companies Guanajuato complex of mines. The mill at Guanajuato is only processing 500-600 tonnes per day of ore but has the capacity to process 1,200 tonnes per day. In other words, Great Panther doesn’t have to do any major expansions or upgrading to the plant to increase production. This means more money is left to explore, of which the company is actively doing.
Guanajuato and Topia will never become major silver producing mines, rather they will always be smaller operations. For Great Panther to grow production even more, they are going to have to make acquisitions. The company though isn’t very large in terms of market cap, only about $400 million, so they are limited to what they can buy. However, Endeavour Silver has property adjacent to Great Panther’s complex of mines at Guanajuato as well as San Ignacio. Since Endeavour has a larger market cap, it’s possible that Endeavour would acquire Great Panther. I’m sure the two companies have probably discussed joining up, since nothing has happened yet though maybe the two will remain independent.
Speaking of San Ignacio, Great Panther hit some very impressive drill holes, but the discrepancies in the retested samples have hurt the stock. Investors will have to wait and see if there is actually very high grade silver located in this past producing mine. If there is then the mine could be put into production in the short term.
Great Panther had an impressive first quarter in terms of earnings, and is trading at a forward p/e of 12 using those earnings. For a company increasing production by 30% in the next year, coupled with their estimated cash cost under $6 per ounce of silver, the stock is a good bargain. That is also using $35 per ounce silver, if silver can increase again to $50 then Great Panther would have a p/e in the single digits. Of course there are still risk. For starters the issue at San Ignacio has slightly hurt the credibility of the company, and silver might go down to $20 instead of $50. Assuming that the company delivers on production and cash cost, and silver doesn’t go down to $20, then the stock price should increase substantially.
http://goldstocksdaily.com/2011/06/19/great-panther-silver/
Jim Rogers 2nd Recession would be even worse
http://laboussole2012.wordpress.com/2011/06/17/jim-rogers-on-the-ratigan-show-june-16-2011/
Jim Rogers 2nd Recession would be even worse
http://laboussole2012.wordpress.com/2011/06/17/jim-rogers-on-the-ratigan-show-june-16-2011/
Same with ANV on high volume.....
http://stockcharts.com/h-sc/ui?s=ANV&p=D&yr=0&mn=6&dy=0&id=p22863230372
I come with another view....
Remember in 2008 (July) when oil run to 150$ ?
Smell the same with 50$ run for silver in 2011....
What come in September ?
DUMPING MACHINE !!!!!!
BUY TZA + FAZ !!!!!
VXX exploding on high volume = MARKET WILL BLEED HARD !!!!
VXX exploding on high volume = MARKET WILL BLEED HARD !!!!
EUR/USD DOWN + SILVER DOWN = TZA EXPLOSION !!!!
total cash costs of $1,097 per ounce
IMHO we go in a big crisis worse 2008.
Better buy FAZ or TZA, now.......
Silver and gold will rise again in 2012.
Total cash cost per silver ounce (2) $ 10.05 UP 50%
COOL have deliver good result.
3.70$, time to get back in ?
Estimate changes and valuation. We believe COOL’s product lineup
for the rest of 2011 is solid, and that Zumba will contribute strongly to early FY2012 results as well.
Furthermore, we are optimistic that therecent acquisition of Quick Hits will position the company well for theFacebook market.
With this in mind, we have raised our non-GAAP
EPS estimates from $0.30 to $0.38 for 2011, from $0.35 for $0.45 for
2012, and from $0.40 to $0.50 for 2013. WE have raised our price
target from $4 to $5, and maintain our Buy rating.
COOL have deliver good result.
3.70$, time to get back in ?
Estimate changes and valuation. We believe COOL’s product lineup
for the rest of 2011 is solid, and that Zumba will contribute strongly to early FY2012 results as well.
Furthermore, we are optimistic that therecent acquisition of Quick Hits will position the company well for theFacebook market.
With this in mind, we have raised our non-GAAP
EPS estimates from $0.30 to $0.38 for 2011, from $0.35 for $0.45 for
2012, and from $0.40 to $0.50 for 2013. WE have raised our price
target from $4 to $5, and maintain our Buy rating.
Do I lost somthing ?
AG have produce 1.7M silver once in 1Q2011
EXK have produce 1.1M silver once (gold eq) in 1Q2011
Cash cost ?
8$/once for AG
4.34$/once for EXK
Why the difference in Market cap ?
1.7B and 635M
Do I lost somthing ?
AG have produce 1.7M silver once in 1Q2011
EXK have produce 1.1M silver once (gold eq) in 1Q2011
Cash cost ?
8$/once for EG
4.34$/once for EXK
Why the difference in Market cap ?
1.7B and 635M
Jun 7, 2011 BURKE FRANKLIN ADirector 59,800 Direct Purchase at $3.67 per share. 219,466
FROM OTC.BB TO AMEX LAST FRIDAY
Morning Coffee (6/1/11) "Extorre Gold Mines perked investors' attention with additional high-grade gold-silver results from drilling at the Zoe discovery at Cerro Moro in Argentina; the company released additional results from the next 9 of 34 diamond drill holes (8 still pending) completed to date on the new Zoe discovery at Cerro Moro (95%), Santa Cruz Province, Argentina. Canaccord Genuity Mining Analyst Wendell Zerb continues to believe Zoe represents a new, very significant high-grade Ag/Au zone at Cerro Moro that could have important economic considerations for XG moving forward. . .new drilling results continue to define high to bonanza gold-silver grades over ~480m strike length (was 350m) and a vertical depth up to 240m within a larger 1.4 km targeted structure."
Imaru Casanova, McNicoll Lewis & Vlak (6/1/11) "Extorre announced a significant silver-gold discovery, named the Renaldo Prospect, at Cerro Puntudo. . . We raising our price target on Extorre shares following the release of additional positive drilling results from the Zoe discovery. The announcement this morning of the new silver-gold discovery at the company's Puntudo project highlights the significant exploration potential of Extorre's assets. . .The Cerro Puntudo discovery supports our expectations of continued exploration success for Extorre and the value that we assign to exploration in our valuation. "
Imaru Casanova, McNicoll Lewis & Vlak (5/31/11) "The latest assay results [from Extorre's Cerro Moro project] continue to show high gold and silver grades. Significant assay results from the 9 holes reported include: 8.4 g/t gold and 1,332 g/t silver over a width of 8m in hole MD1220; 36.3 g/t gold and 1,858 g/t silver over a width of 2m in hole MD1234 and 37 g/t gold and 1,924 g/t silver over a width of 2m in hole MD1253. . .The Zoe drill results continue to show grades that are significantly higher than our current life of mine assumption. . .We incorporate the potential of these higher grade results via a nominal value to exploration, but expect further definition of additional higher-grade resources will have a significant positive impact on our valuation of Extorre."
Morning Coffee (5/25/11) "Extorre Gold Mines Soaring into Double Digits: Since the beginning of March, XG shares have more or less headed straight up and have now doubled in less than three months. Last week, Extorre announced the formal approval of the Cerro Moro EIA by Argentina's Santa Cruz provincial government; management highlighted that this approval, together with the receipt of the project PFS expected in June 2011, will enable Extorre to proceed with advanced engineering and mine development."
Daniel Earle, TD Newcrest (5/18/11) "Pre-market Tuesday, Extorre Gold Mines announced the successful permitting of its flagship Cerro Moro project with the formal approval of the EIA and that it had purchased surface rights covering 14,000 ha over the principal vein zones. The potential for expansion is something we have highlighted previously, as the Zoe results have been among the best we have seen from Cerro Moro to date, and the zone appears to be taking on dimensions that are similar to the Escondida Far West zone that hosts the bulk of the high-/bonanza-grade resources on the property."