Gold trader
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Common issued and outstanding 101,706,458
Stock Options 5,350,000
Warrants 4,320,000
Fully diluted 111,376,458
Newstrike Drilling Expands Gold Mineralization at Ana Paula Project Intercepts 52.63 Meters of 6.9 g/t Gold
Newstrike Intercepts 112.90 meters of 2.51 g/t Au at the Ana Paula Project
May 31, 2011
Gold Canyon Intercepts 292.5 Meters at 1.13 Grams Per Tonne Gold at Springpole Gold Project - Stakes Additional 10,000 Acres
Mar 15, 2011
Gold Canyon Discovers Shallow High-Grade At Springpole Gold Project: Hole SP11-040 Intersects 100.5 Meters At 7.23 Grams Per Tonne Gold
Aug 30, 2010
Gold Canyon Intersects Multiple Long Intersections of Mineralization Including 94 Meters At 2.51 Grams Per Tonne Gold at its Springpole Gold Project
Aug 16, 2010
Gold Canyon Intersects 217 Meters At 1.57 Grams Per Tonne Gold At Springpole Gold Project
KOG
21M SHARES SHORT
Kodiak Oil & Gas Corp (AMEX:KOG): This company had 21,397,278 shares sold short on 05 27 2011, as compared to 20,731,344 on 05 13 2011. This represents a change of 665,934, or 3.2%. Based on the average daily volume of 2,888,001 shares, it takes 7 days to cover the short position. About the company: Kodiak Oil & Gas Corporation explores for oil and natural gas in the western United States.
KOG
21M SHARES SHORT
Kodiak Oil & Gas Corp (AMEX:KOG): This company had 21,397,278 shares sold short on 05 27 2011, as compared to 20,731,344 on 05 13 2011. This represents a change of 665,934, or 3.2%. Based on the average daily volume of 2,888,001 shares, it takes 7 days to cover the short position. About the company: Kodiak Oil & Gas Corporation explores for oil and natural gas in the western United States.
I've jump in KOG (5.98$)
Stop loss 5.90$.
Will be worse (2008) Greece, Portugal way more big stuff Vs Bear stern + Lehman......
PDC, should we go in here ?
Lowtrade was big money, have made 1200$ in 3 hours......
Will keep on radar.....
What about COOL ??
Beware, volume is low....
I've sold..6.40$
Very happy :)
Need an exit strategy lowtrade.
Was in at 6.11$ MHR, 6.35$ now.
What should I do ?
COOL IS HOT, BROKE THE 4.15$
They will delay YALE....
You should have wait.....
Mid 2012 at best.
Jim Rogers: "Bernanke Is A Disaster" Who Will "Bring QE Back"
http://www.zerohedge.com/article/marc-rogers-bernanke-disaster-who-will-bring-qe-back
I strongly suggest to go on the sideline.
The tsunami is coming........
Jim Rogers: "Bernanke Is A Disaster" Who Will "Bring QE Back"
http://www.zerohedge.com/article/marc-rogers-bernanke-disaster-who-will-bring-qe-back
I strongly suggest to go on the sideline.
The tsunami is coming........
Jim Rogers: "Bernanke Is A Disaster" Who Will "Bring QE Back"
http://www.zerohedge.com/article/marc-rogers-bernanke-disaster-who-will-bring-qe-back
First Majestic is producing twice the silver eq. that Endeavour is, but Endeavour still hasn’t ramped up to full capacity at its two mines. First Majestic does have bragging rights as its La Encantada mine is the largest/most updated and will be churning out 4 million oz silver eq. in 2010.
In two years Endeavour plans to be at 4.5 million oz silver eq. per year, First Majestic could be at 10 million oz silver eq. per year by that time if they build Del Toro.
Both companies are using the same strategy, buy delapidated silver mines, update the infrastructure, discover more silver resources, and then bring the mines back into production. First Majestic is a little further along than Endeavour, but Endeavour is being very agressive in their growth strategy.
Neither company has much cash, but that is because of all the capital expendtures they have paid out to update these mines. They are both cash flow positive on an operating basis and their cash cost are roughly the same at $5 per oz.
All in all, the companies are very similar, but I have to give the slight edge to First Majestic. La Encantada is a very solid mine, and it is ramping up to 4 million oz silver eq this year. I think having this mine in their portfolio gives them the advantage. Endeavour’s mines are still not at full capacity, but they do have a fantastic growth rate over the next 2 years.
Or course the question is, why don’t the two companies just merge? Their paths are very similar, and immediately they would create a 10 million oz silver eq. producer. A combination of the two would command a higher market cap in the current environment.
No way TLR will stay at 0.75$ during the summer.
0.50$ is the new TARGET !!!
We broke all support...
Very cheap......
Strange story......
Beware....Gold can go down, in that case TLR = 0.50$
Jim Sinclair - Gold to Exceed $12,500 to Balance US Debt
We've come to a point now where if QE were to be stopped, you would see an implosion in the general equity markets...And yes gold would go down, the market would go down hard.
The dollar would go up slightly to begin, but then fall back down again as the management of the economy was seen to have been ineffective and inefficient.
You can't stop quantitive easing.
If you stop quantitive easing the stock market will return to its recent low or lower.
That alone by its impact on decision making will cause an economic implosion.
We're tied into this monetary stimulation, there is no way out of monetary stimulation.
If there was any attempt to get out of monetary stimulation it would cause an economic accident which would require central banks to go right back where they were.
That would be again, loss of control...
“My honest opinion is that we have gone so far down the road that there is only two outcomes now. You can continue QE to infinity as Jim Sinclair says, and that will lead to some form of hyperinflation or you can sort of go cold turkey and that will lead to a depression that will make the ’30’s look like a picnic. When you think about it, that is an awful set of choices.”
That’s the sort of stuff that leads to revolutions, and if you disadvantage enough people and they look around and see all the banksters with all of the dough, somebody is going to wake up some day and say, ‘Hey, let’s get those guys.’
http://www.gold-speculator.com/jim-sinclair/57392-jim-sinclair-gold-exceed-12-500-balance-us-debt.html
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/3_Embry_-_Silvers_Drop_is_JP_Morgan_Trying_to_Protect_Their_Ass.html
Jim Sinclair - Gold to Exceed $12,500 to Balance US Debt
We've come to a point now where if QE were to be stopped, you would see an implosion in the general equity markets...And yes gold would go down, the market would go down hard.
The dollar would go up slightly to begin, but then fall back down again as the management of the economy was seen to have been ineffective and inefficient.
You can't stop quantitive easing.
If you stop quantitive easing the stock market will return to its recent low or lower.
That alone by its impact on decision making will cause an economic implosion.
We're tied into this monetary stimulation, there is no way out of monetary stimulation.
If there was any attempt to get out of monetary stimulation it would cause an economic accident which would require central banks to go right back where they were.
That would be again, loss of control...
“My honest opinion is that we have gone so far down the road that there is only two outcomes now. You can continue QE to infinity as Jim Sinclair says, and that will lead to some form of hyperinflation or you can sort of go cold turkey and that will lead to a depression that will make the ’30’s look like a picnic. When you think about it, that is an awful set of choices.”
That’s the sort of stuff that leads to revolutions, and if you disadvantage enough people and they look around and see all the banksters with all of the dough, somebody is going to wake up some day and say, ‘Hey, let’s get those guys.’
http://www.gold-speculator.com/jim-sinclair/57392-jim-sinclair-gold-exceed-12-500-balance-us-debt.html
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/3_Embry_-_Silvers_Drop_is_JP_Morgan_Trying_to_Protect_Their_Ass.html
Q3 GOOOOOOOOOOOOOOOOOOOOOO
The Comex (NASDAQ:CME) has been experiencing a dwindling supply of silver due to reclassifying of holdings from Registered (physical) to Eligible (non-deliverable). For example, last week Scotia Mocatta reclassified more than 1.4 million ounces of silver from Registered to Eligible. Now, the silver drain at the Comex continues with HSBC (NYSE:HBC) reclassifying 438k ounces of silver from Registered to Eligible status. The total physical supply (Registered) of silver at the Comex is about 28.7 million ounces. This is a 30% decrease when compared to the silver holdings during April. To add insult to injury, the U.S. Mint has reported all-time record Silver Eagle coin sales through May this year.
http://finance.yahoo.com/news/Endeavour-Acquires-Several-iw-818860314.html?x=0&.v=1
Endeavour Silver Corp. (TSX:EDR - News)(NYSE:EXK - News)(Frankfurt:EJD - News) has acquired several new properties covering an unexplored vein system at the south end of the Guanacevi mining district in Durango State, Mexico. These property acquisitions more than triple Endeavour's land-holdings in the Guanacevi district.
http://finance.yahoo.com/news/Endeavour-Acquires-Several-iw-818860314.html?x=0&.v=1
Endeavour Silver Corp. (TSX:EDR - News)(NYSE:EXK - News)(Frankfurt:EJD - News) has acquired several new properties covering an unexplored vein system at the south end of the Guanacevi mining district in Durango State, Mexico. These property acquisitions more than triple Endeavour's land-holdings in the Guanacevi district.
http://finance.yahoo.com/news/Endeavour-Acquires-Several-iw-818860314.html?x=0&.v=1
Endeavour Silver Corp. (TSX:EDR - News)(NYSE:EXK - News)(Frankfurt:EJD - News) has acquired several new properties covering an unexplored vein system at the south end of the Guanacevi mining district in Durango State, Mexico. These property acquisitions more than triple Endeavour's land-holdings in the Guanacevi district.
AG is ready to make an offer to GPL (Canadian board)
Make sense to me........
Silver hit a short-term bottom at $33 (lower than we expected) and could rally in the low $40s before backing off again. But, as we said, that's the short term. Long term, silver will go far higher as the world becomes more invested in solar power. And that doesn't even consider silver's monetary value. At an availability ratio of 10/1 with gold, we believe silver to be deeply undervalued and in the very early stages of a massive bull market.