Gold trader
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.
Paradigm Capital just say that with Silver at 42.82$, $AUMN fair value is 59.47$
Paradigm Capital just say that with Silver at 42.82$, $AUMN fair value is 59.47$
TGR: How large can this Yaxtché deposit be?
AS: If the sub-parallel zones are as big as the Yaxtché, about 180 Mozs
http://www.theaureport.com/pub/na/8152
180M = 5M Gold once (20g/t) (Gold/Silver Ratio 16/1)
Si I see AUMN having the value of RBY down the road (+1B$ before production)
60-65$/share
Mean, If we break 24.5$ with High volume we're good. Right ?
I've explain here why AUMN could become the King of Silver.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62102607
What do you think about the chart ?
With Silver at 42.5$ (Was 9$ 24 Month ago) we can't afford not having a silver mine right now.
Historic Gold /Silver ratio was 16.
So If gold go to 1600$, 100$ is coming for Silver.
The best way to play this is AUMN
http://www.goldenminerals.com/
Interview CEO ----> http://www.webeatthestreet.com/media/archives/GoldenMinerals20100907.mp3
Why ?
-120M$ in cash
-350M$ Market cap
-Very low float (15M)
-Sprott Asset Management Top pick
-100 to 180M Silver once (High Grade 200g/t) in El-Quevar
-Control several other Silver mines in Mexico (From Apex Silver who fall in Bankrupcy when silver was sub 10$)
-Target price + 100$/Share
https://dahlmanrose.bluematrix.com/sellside/EmailDocViewer?encrypt=7cc61c3a-a40b-4895-a18b-6bd1f171df7d&mime=pdf&co=Dahlmanrose&id=agraf@dahlmanrose.com&source=mail
With Silver at 42.5$ (Was 9$ 24 Month ago) we can't afford not having a silver mine right now.
Historic Gold /Silver ratio was 16.
So If gold go to 1600$, 100$ is coming for Silver.
The best way to play this is AUMN
http://www.goldenminerals.com/
Interview CEO ----> http://www.webeatthestreet.com/media/archives/GoldenMinerals20100907.mp3
Why ?
-120M$ in cash
-350M$ Market cap
-Very low float (15M)
-Sprott Asset Management Top pick
-100 to 180M Silver once (High Grade 200g/t) in El-Quevar
-Control several other Silver mines in Mexico (From Apex Silver who fall in Bankrupcy when silver was sub 10$)
-Target price + 100$/Share
https://dahlmanrose.bluematrix.com/sellside/EmailDocViewer?encrypt=7cc61c3a-a40b-4895-a18b-6bd1f171df7d&mime=pdf&co=Dahlmanrose&id=agraf@dahlmanrose.com&source=mail
Beacon Equity Research (04/11/11)
"Golden Mineral shares lifted today after the company provided an update regarding its underground development drifting activities at the El Quevar project. It also reported that it has spotted additional high grade intercepts at holes made at the project deposit site. . .it has also received results regarding an additional hole on the western trace of the ManiSub target. . .contains an 18-meter intercept, which has averaged 192 g/t silver. It also included a two-meter intercept which yielded 583 g/t silver."
If you want to play silver...
I've a gift for you.....
AUMN
120M$ IN CASH, MARKET CAP 350M$, 180M ONCE OF SILVER IN ARGENTINA, FLOAT 15M SHARES
Dahlman Rose & Co reiterated its buy rating on the stock recently with a price target of $117.4
http://www.thestreet.com/story/11082603/9/9-diversified-stocks-with-100-buy-ratings.html
AUMN
120M$ IN CASH, MARKET CAP 350M$, 180M ONCE OF SILVER IN ARGENTINA, FLOAT 15M SHARES
I LOVE IT !!!!!!!!!!!!!!!!!!!!!!!!!!
Last Target is 117$.
Dahlman Rose & Co reiterated its buy rating on the stock recently with a price target of $117.4
http://www.thestreet.com/story/11082603/9/9-diversified-stocks-with-100-buy-ratings.html
Nothing can move this stock.
Wondering why......
Was planning to buy, but After reading this...No.....
http://www.onlinetradersforum.com/showpost.php?s=86f7e16aeb716d5672b0ab19b3a3e954&p=637178&postcount=6
Fail to pass 0.16$, here comes the rain, until where ????
0.12$ ? 0.09$ ?
Don't try to buy before 0.12$, you will loose money IMHO
IMHO EPIC PHARMA IS THE BIG WINNER HERE, NOT US OR ELITE....
http://www.epic-pharma.com/index.html
Pursuant to the Alliance, Epic agreed to invest $3.75 million in Elite through the purchase of Elite’s Series E Preferred Stock and common stock warrants. In the March 31, 2011 closing, Epic made the third $1.0 million payment of this total amount, acquired 1,000 shares of Series E Preferred Stock and received a warrant registered to purchase up to forty million (40,000,000) shares of Common Stock at an exercise price of Six and 25/100 Cents ($0.0625) per share.
Under the Alliance (i) at least eight generic drug products will be developed by Epic at Elite’s facility with the intent of filing abbreviated new drug applications for obtaining United States Food and Drug Administration (“FDA”) approval of such generic drugs, (ii) Elite will be entitled to 15% of the profits generated from the sales of such additional generic drug products upon approval by the FDA, and (iii) Epic and Elite will share with each other certain resources, technology and know-how in the development of drug products, which Elite believes will benefit the continued development of its current drug products. Epic will also be entitled to receive additional shares of Elite’s Common Stock and warrants to purchase shares of Elite’s Common Stock upon achievement of certain milestones relating to the eight additional generic drug products being developed together. The first of these eight products has been filed with the FDA.
The market is more and more unpredictable...
Kind of "Slot Machine".....
SIFY go up, nobody know why....
ELTP.OB for exemple, why we go up ? Until where ? Why we turn down ?
NO RULES ANYMORE, IT'S ALL ABOUT DAY TRADING
Say thank you to Bernanke, who push money all around the place......
No Should come back to 0.12$ before anything good happen again.
The system remains open in all directions and shows strong similarities to high grade mineralization presently being mined at Goldcorp’s Red Lake Complex as well as Rubicon’s F2 system.
The historic Madsen mine was in production from 1938 until 1976. It produced over 2.4 million ounces of gold during that time period. The mine production exceeded 100,000 ounces per year and averaged 0.29oz per ton during its history.
The Madsen Property at Red Lake, Ontario is what a lot of investors of Claude are excited about. It’s an exploration property, but the potential here could be really big. Madsen is located only about 5 miles from Goldcorp’s high grade Red Lake Mines. The Madsen Mine was the third largest gold producer in the Red Lake camp behind the Campbell and Dickenson Mines with a total of 2.45 million ounces gold produced over its 38 year mine life.
The 10,000 acre property contains a 500 ton per day mill, a functioning 4,125 foot operating shaft and a permitted tailings management facility. All existing infrastructure is fully permitted.
By the way, what is the Float here ?
Sprott was putting capital to work, with a new stake in silver miner First Majestic Silver (NYSE: AG - News), and increasied stakes in Barrick Gold (NYSE: ABX - News), Golden Minerals (AMEX: AUMN - News), Alexco Resource (AMEX: AXU - News), Brigus Gold (AMEX: BRD - News), Claude Resources (AMEX: CGR - News), Eldorado Gold (NYSE: EGO - News), IAMGold (NYSE: IAG - News) and Exeter Resource (AMEX: XRA - News).
http://finance.yahoo.com/news/Gold-Guru-Sprott-Makes-New-indie-140873467.html?x=0&.v=1
"Our success in intercepting high grade gold during Phase I of the underground program supports our belief in the potential of the 8 Zone system and the Madsen property. The 8 Zone Trend has all the characteristics of high grade Red Lake systems and has seen limited exploration. Phase II underground drilling has the potential to significantly grow our existing resource base at the fully-permitted and infrastructure-rich Madsen property," stated Brian Skanderbeg, Vice-President Exploration, Claude Resources Inc.
French newsletter make a huge bet on CGR (Should use Goggle Translator)
I'm all in after reading this.
Chère lecteur,
Je viens de choisir CGR (Claude Resource) comme TOP PICK 2011.
www.clauderesources.com/
Pourquoi ?
1-La Compagnie vient de lever 57M$ de cash.
2-Elle possède une propriété appelé "Madsen" (RED LAKE, ONTARIO), elle se trouve entre plusieurs mines à succès (Rubicon Minerals RBCN, Goldcorp GG, Premier Gold PG.TO, Sabina Gold SBB.TO)
3-Elle à déjà une mine en production. (Seebee)
4-Elle est rarement disponible en-dessous de sa moyenne des 50 jours.
5- Elle est à un virage de son histoire, peut vraiment se transformer durant les prochains mois.
Red Lake (Ontario) est vraiment une terre hors du commun.
Toutes les compagnies qui ont prospectées là-bas, sont sorties gagnantes.
Goldcorp (GG) à produit 623,000 once d'or en 2009, coût de production à $288/oz (500$ En moyenne dans le secteur normalement)
Rubicon (RBY) à découvert 3.5 M de once d'or (20g/t) et prévoit de trouver jusqu'à 10M de once d'or.
Si "Madsen" devait avoir le même profil que toutes ces mines, on peut s'attendre à retrouver CGR à 6-7$/action.
Nous recommandons un achat immédiat autour des 2.29$.
GRAPHIQUE
----------------> http://s3.postimage.org/643f13uug/CGR.jpg
CGR
I'm all in, they will use the 50M$ to explore Madsen (Red Lake).
This can Turn in the next RBCN or GG, very rare to buy under the 50MA
Madsen can give them 1B$ Market cap.
TERRIFIC PLAY !!
Last price and volume please ?
This can be a tsunami.....
Claude Resources Inc. (TSX:CRJ.to - News) (AMEX:CGR - News) announces that it has launched Phase II Underground drilling at its 100 percent owned Madsen exploration property at Red Lake, Ontario.
Lowtrade, now it's ok to go in VGZ ?
My DD say Fundamental value = 5.65$
But Chart rule as you know......
What you think ?
Paolo Lostritto, Wellington West Capital Markets Inc. (03/22/11)
"Concordia permits could kick-start market re-rating in 2011—Market likely to positively adjust for Concordia start-up once construction permits have been granted. Mt. Todd to provide production growth. . .Management has advanced a parallel value creation strategy at the Yellow Pine district as a means to offset Concordia delays and activate Mt. Todd, [which] provides extreme leverage to gold and US$/A$ FX rate."
Fair value for VGZ
Combined with Vista's Yellow Pine deposit the new project, known as Golden Meadows, will have an estimated 3.95 million ounces measured and indicated mineral resources and 2.4 million ounces of inferred mineral
VGZ GET 35% OF YELLOW PINE = 2.2M GOLD ONCE (High grade 2.2g/t)
VGZ GET 100 % TODD PROJECT = + 7M GOLD ONCE (Low grade 0.8g/t)
VGZ GET 100% CONCORDIA = 2.2M GOLD ONCE (Low grade 0.9g/t)
+ 4.4M once (Different mines)
So we're having here 2.2M (High grade) + 9.2M (Low grade) + 4.4M
50$ (low price for high grade) X 2.2M = 110M$
20$ (low price for low grade) X 13.6M = 270M$
Total 380M$
Fair value for VGZ
380M$ / 71 O/S (New O/S) = 5.36$/share
Just called VGZ IR, they need the money (30M$) because they received the green light for the permit in Mexico Mine.(CONCORDIA)
VGZ SUPER BOTTOM ---->
[img]
s4.postimage.org/4ap5yoah4/VGZ2012.jpg[/img]
HOLLY COW, BIG DUMP.......
ALL THIS FOR 15% DILUTION.......