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Here are KL Results and revenue guidance
https://www.globenewswire.com/news-release/2019/02/21/1739314/0/en/Kirkland-Lake-Gold-Increases-2019-Production-Guidance-to-920-000-1-000-000-Ounces-Fosterville-Mineral-Reserves-Increase-60-to-2-7-Million-Ounces-at-31-0-g-t.html
Findings between 31-21 g/ton
Atacama 1 and 3 sites were drilled this august
Before that, exploration of Atacama back in 1930 showed 6 and 8oz/ton or 171g/ton and 227g/ton
https://www.globenewswire.com/news-release/2019/01/08/1682415/0/en/Atacama-Resources-International-Releases-Old-Todora-Syndicate-Assay-Results-for-Gold-Mining-Properties-in-Greater-Kirkland-Lake-Region-in-Northern-Ontario.html
Atacama may be richer than KL!!
KL has proven reserves of $14B and mines 200M of gold every quarter! And these numbers were from the Atacama Investor Presentation, before gold's recent explosion!!
Assay that will be released "Will determine conclusively the value of gold reserves on the ACRL properties and will be show as assets on the company's financials. An enormous boost for the market value of the Company"
https://drive.google.com/file/d/1cdtRFtx1fSmjvmatx9DzkfCLXC3_kMjd/view
Pay attention to pages 16-20
Berry said "He like to get involved with his investments". Slide states "level of investment will determine the scope of the activities of the company for the rest of 2019....gold concentrations will be released in SEC form 8k...process of applying for NASDAQ 2020"
Investor Presentation also showed need for investment...level 3 being $5M -->
Cover costs of proving reserves for gold, graphite and cobalt
Pay all convertible devt, operating expenses, other LT debt
Buy back significant ACRL shares on market to control public float
Exploratory work regarding actual mining activities
5M investment gives investor 40% ownership and warrants to purchase additional shares at negotiated prices. Leading to control of the company if desired. Two board positions possible.
2 board positions possible?? Berry and his team got 5!!!!
This may be the greatest trade for the greatest trader from Canada
Guess again. Assays were done following permitting in August. These guys bought after seeing the numbers...filings expected to show their Preferred shares (Remember, David Berry had 70% of this market when at Scotiabank) and PR of assays imminent
Pop will be extraordinary. No time to walk this up and MMs had this baby churning for weeks!! Filings hit, faith renewed, merger discussed in PR...Merger finalization by Oct 23....LAHO KEEPS RUNNING, BIGGEST STEM CELL COMPANY IN THE WORLD
SEC FILINGS SEPTEMBER 12
MERGER AGREEMENT FROM MAY DETAILED THIS. SEC GOING TO LOOK LIKE AMATEURS!!
Chart appears to be resetting. RBNW next step is SEC Filings to be current
"I Like to get involved in my investments"
How many shares does he have already? Form 4s about to be flying in!!
One things for certain, we going straight up!!
Big names, big players, big reputations and big connections.
One hell of a ride coming here and fast!!
Stephen Spivak- Article in Forbes...read very carefully
A Goldbug's Guide
By Chana R. Schoenberger
For the truly fearful, owning the barbarous relic can give peace of mind. Some ways are more bothersome or risky than others.
In the pantheon of commodities with nice price runs over the past several years, gold has a special shine. Gold is what investors turn to when they're scared. If you want to make money, buy stocks. If you're afraid of losing all your money, buy gold. Not a lot of gold--even the most bearish portfolio managers recommend putting only 10% of your money into commodities--but enough to give assurance that you won't be destitute if the U.S. economy falls over dead.
That's because gold's price isn't correlated, positively or negatively, with stock market averages. It's more closely tied to how investors think the economy, inflation and the dollar are doing. Since the dollar has been weak recently, gold prices are up. Worries about international instability and oil shortages add to its allure.
The price of a troy ounce, $666 in early May, (2007) is considerably up from last year's average $606. That's not as high as the alltime peak of $850 in 1980, when double-digit inflation was rampant and oil was, it seemed, headed to $100 a barrel. But that $850 in today's dollars is $2,275. So by this yardstick, gold now has some catching up to do.
Jeffrey Christian of CPM Group, a New York commodities research firm, is a gold bull. His case: "The things that caused investors to buy record amounts of gold have not gone away and will not go away anytime soon."
More than a physical commodity, gold is a symbol, harking back to the times when the world's monetary systems were based on it. Universally recognized as a store of value, gold can be bought and sold in any country. There are 4 billion ounces of gold in people's hands, enough to fill a cube 60 feet on a side. Of this, investors own 1 billion and central banks another billion, with the remainder in jewelry and other baubles. Last year 79 million ounces were extracted. Two-thirds went to jewelry makers and the rest to bullion.
The uneasiness that has prompted higher gold prices can be found everywhere, but especially in the developed world. Since 2003, Christian notes, investors have been hoarding gold in Australia, Malaysia and Thailand, all places with no political risk--that is, their governments have historically not frozen private assets. If some economic disaster arises that prevents these investors from getting at their cash or getting value from it, they still have their gold.
If you want to own gold that you can touch, you can buy bullion, but you'll pay a pretty price. There will be a markup when you buy it, a markdown when you sell it and fees to store and insure it. FideliTrade in Wilmington, Del. sells gold in lots ranging on average from $5,000 to $40,000, at a price between 2% and 7% above the wholesale value. Half the states, including Illinois, Georgia and Michigan, don't collect sales tax on gold bars or coins. If you live in the other half, or certain cities, you'll have to pay tax.
You can also get one-ounce gold coins from dealers. The most popular are the American Eagle, the Canadian Maple Leaf and the South African Krugerrand. They all trade at a premium to their metal content. When gold was at $666, FideliTrade was buying small quantities of Eagles at $675 and selling at $689.
Whether it's in bar or coin form, you'll need insurance for your gold, both while it's in transit from the dealer and when it's in your storage container. FideliTrade offers insured storage for 0.75% yearly of your hoard's value; Monex of Newport Beach, Calif. sells the same for 25 cents per ounce per month.
If you choose to keep it in your basement, be aware that your homeowner's insurance probably won't cover it. Allstate , which insures one out of every eight homes, covers up to $600 under a version of its standard policies. Above that you'll have to pay for a special rider. The cost of your gold insurance can be a miscellaneous itemized deduction--if you take those. Gains on collectibles, such as gold coins, are generally taxed at 25%.
But do you need to touch your assets? Bruce Greenwald, a professor who heads Columbia Business School's value-investing program, says it's dumb for individual investors to own commodities directly. One idea is to buy an intangible that tracks gold--such as an exchange-traded fund.
The first gold bullion ETF StreetTracks Gold Shares, started trading on the Big Board in 2004. At 25 million shares traded per week and backed by 500 tons ($10 billion) of metal, this has the deepest liquidity of the gold-related ETFs. It and its twin, iShares Comex Gold Trust, which trades on the American Stock Exchange, run up annual expenses of 0.4% of assets. Both trade within 1% of their net asset value.
Another ETF is the Powershares DB Gold Fund, with net assets of $22 million and a 0.54% annual expense burden. This fund owns gold futures, not bullion. Because you simply own ETF shares, you are taxed in both cases on gains.
Or you could buy gold futures on your own. A 100-ounce contract on the New York Mercantile Exchange's Comex gives you the same exposure to the metal as a $67,500 investment in Powershares DB Gold. You can buy a contract with only 10% or 15% down, but it's not a good idea. Plunk down the whole $67,500 in your futures account and invest most of the collateral in Treasury bills.
Advantage to direct purchase: saving that 0.54% annual expense burden the ETF charges. Disadvantage: getting nicked by floor traders on the futures exchange. A retail customer confronts a bid/ask spread of perhaps 10 to 40 cents, says Comex trader Stephen Spivak. How far out should the future go? You've got a tradeoff here between the deeper liquidity found in the nearer-term contracts and the lower trading costs of buying far-out futures that don't have to be rolled over so often. Spivak recommends going out one month, known as the front month.
You'll pay capital gains rates on your futures gains, and your interest income from the Treasurys as your collateral will be taxed at ordinary income rates. Long-term capital gains are taxed at 15% and short term at your regular marginal tax rate.
There's yet another way to get gold exposure: via mining stocks. These shares rise and fall as the price of gold does, but they tend to be three times as volatile. If the price of gold rises (or falls) by 10%, a miner's shares might rise (or fall) by 30%. The main reason for volatility: operating leverage. If it costs a mine $400 to get an ounce, then a 10% move in the price of gold from $600 to $660 increases the gross profit by 30%.
An exchange-traded fund exists for mining stocks, too: Market Vectors Gold Miners. The $609 million fund has 36 stocks and runs up a 0.55% expense tab.
Among open-end funds, one of the hottest is the $175 million Midas Fund, with a 30% annual return over the last five years. Annual expenses (not counting interest) are 1.96%. Holdings include Golden Cycle Gold, BHP Billiton (with just a dash of gold in its operations) and Freeport-McMoran Copper & Gold . Two of the cheaper gold funds are American Century Global Gold Fund and Fidelity Select Gold Portfolio.
If you want a piece of the gold business downstream, you always can buy stock in the nation's largest gold merchant: Wal-Mart .
The guy (Spivak) who was one of the best gold traders from 1997-2017 just bought a goldmine....ACRL about to be positioned into the forefront of the Gold mining...oh and those assays are due anyday....
David Berry: The Trader Who Was Too Successful
MUST READ!!!
https://patch.com/arizona/phoenix/david-berry-trader-who-was-too-successful
This is our new CEO!
the 'goose who lays the golden eggs'
David Berry never lost money over his entire career, except for during a period of approximately two weeks.
ACRL is about to become a financial powerhouse for the greatest trader in Canada history and one of the greatest gold traders of all time (Stephen Spivak)
WOW!! JUST WOW!!!
5 new BOD!!! The DreamTeam has been assembled!!! Gold baby!! Gold!!!
First to market gets 50% of market share!!!
Breaking 1.4 and off to bluer skies!!
Banks aren't touching MJ, DCGD about to monopolizing banking for the world's next trillion dollar market
Read the reports on the website. It's all there, get real and read up on the stock as well as KL public relations.... News coming asap
They have property along the "Canada River of Gold", they are about 4 miles from KL, along the same vein that KL is tapping and have found similar quartz geology there.
KL has expanded it's reach and is looking for opportunities to work with other mining companies, including funding.
Company reported on website that their gold findings "should be similar to KL".
Likely that KL will acquire ACRL
$30M revs and 11M o/s (unrestricted)
$3 pps on merger finalization
Product already in stores, top MGT, $3 pps on merger finalization
Read the PR....Filings have been planned by 9/12 since May!
Early filings will drastically increase belief in this Behemoth
LAHO TO LIFT SUSPENSION BEFORE ITS DUE
9/12
With new freeze till fins...gap straight up to pennyland.
I'm hoping we see .30
Craziest part is that the market will not have time to adjust as we approach filings so once they hit, it'll be a firework show as this explodes N!!
Shorties going to discover a new degree on the burn scale
LAHO SET TO FILE BY SEPT 12
SEC LOST ITS HEAD JUMPING THE GUN
WATCH THE RUN
BANG BANG
130M/Revs ÷ 4B =.0325
Add in PE multiple of say 10 and mania
You'll find this stock trending towards Dollars
Very true. This is turning into a wonderful short opportunity.
Still, great to see the amount of stocks ripping without any news whatsoever. THE OTC is alive and wild again!!!
Good. More the merrier. LAHO Merger going to turn heads and once we pass .01, I'm sure several institutions will be looking to add shares of the largest international stem cell company!!
That account is not verified. Hell, he talks about himself in the third person, "Justin's cell number is..."
JC is not in this. Just Twitter fakenews. Ppl saw dcgd and threw his name on this. Find some news to the contrary and I'll buy
Both are in Stem Cell Industry and both in Miami. Businesses do business with ppl they trust and ppl they know...bet they know each other...meaning...this deal is as good as gold.
In fact, this is our golden ticket to the f$&-+ng Chocolate Factory. Hope you have shares, don't want to have to tell you how awesome the oompaloompas are, but I will! Still, you should be there too
Merger is months old, they will most likely release them as other companies do, all at once!!
Filings are going to be a defining moment. On release, we jump to dimes!!
Massive buying going on, float keeps churning and boy do I have sticky fingers
Sell me your shares!!
Way off bro. Been here since trip 7. Pennyland will be here in conjunction with SEC filings on Sept 12.
Merger isn't until Oct 23 and combined financials (130M/revs a year to follow).
This will be in dimes post sec filings and dollars after that.
OTC is heating up, been seeing massive runs of late all over; investors have more cash to trade with and runs will keep surprising as they build off each other, running higher and higher
Classic chart reset. Second leg forming today. Gap up tm am to follow.
Thanks for the nickels, I'll be painting them my favorite color, green
What's the timeline on this guy? PDUFA still for Sept?
We've typically gone green at the beginning of the week. OTC is known for down Fridays followed by up Mondays.
This stock is unique as no one is willing to sell outright, keeping this train heading north.
Makes sense to hold rather than risk a few ticks for meager gains
I like the way you think!! Pays to have an exit strategy in mind. Many hold through runs and become bag holders. Key is to have an exit strategy based off market forces not a number in your head
August is a great time to be an investor.... September will be even better my friend. Let's Rock!!!
Luckily not, didn't want to sell early. Trading idea was to sell on Hi to buy back more shares on lo.
Was looking to increase my holdings.
Higher it goes more money I make so right where I need to be.
Initial entry was trip 7 but this action shows pennyland before sec filings and dimes by official 8k
My exit will be in $$$ land
Interesting staircase
15 to 7
Up to 30 then to 15
Next to 60 then to 30?
Love the accumulation and consolidation, right where we need to be