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.
Alvik, thanks for re-plying. I am looking for Brazilian potash play and come across Verde by accident. Are the any other good prospects in Brazil?
Verde- when are they planning to go in a full production, I understand they are operating a scale-down plant.
Any information you can share is very much appreciated.
Vb
Is anyone here? I am new , what Verde has to do with Amazon min. ?
Maybe they announce it right before London Expo. And make a record date of late January or even February. Can you see new investors are jumping-in and driving a SP ?
Education? We more interested in graduating football players. OSU just hired a head coach with 6 mil/year salary.
Our kids tuition is not high enough? Who do we kidding?
Obama call us lazy and we got ticked-off, but between us boys-(except few of us) we are fat and lazy.
As we discuss how dismantle of Euro will affect gold , there are other angels which should cause a concern. I am talking about political situation in Middle East, that area is ready to explode and I wonder what was happening to the price of gold before War World 2 ?
I also concern about other gold, black gold - oil. What is correlation between those two if any?
Lately China made a serious moves to get away from dollar payment for oil contract, examples are contract with Russia and Iran. If one day a country can buy oil with currency other than dollar, how that will effect gold price?
In 1820, China and India accounted for 49 percent of global GDP between them; this compared with Western Europe’s 23 percent share and a 1.8 percent share for the (very young) U.S. Only in the late–19th and 20th centuries did the tables turn.
Are we witnessing now is a return to the world as it was not so long ago?
If I were Eric Sprott, I would sit quiet on my 15 million shares of Petaquilla until gold mining sector gets hot again, and only then I would write article how on my recent trip to London I accidently discover Panama gold mining industry...
Yep, looks like Europe is going to implode and Middle-East will explode into another war. After losing Morocco we are down to Jordan and Israel, plus India across the pond. Pakistanis were burning our flag and Obama picks today- all this is good for gold but will hurt a lot of people.
Common Chiefs!
Weekend read:
"Several of these 17 countries in the Eurozone are almost certainly beginning to wish they had stayed out and thus would have been much more in control of their own destinies rather than suffering an artificially strong Euro. Even Germany, which up until now has benefited the most from the single currency, is beginning to have major doubts and although its stated aim, as voiced by Angela Merkel, is to save the Euro, there are a number of commentators who believe it is actually preparing behind the scenes to pull out and leave what it sees as the profligate Mediterranean countries to sort out their own mess. Germany is adamantly against the French proposal to allow the European Central Bank to print unlimited amounts of new Euros to bail out the afflicted nations in its own Quantitative Easing programme similar to that being conducted by the U.S. Federal Reserve.
This in itself exposes the self interests of the leaders of the Eurozone. Germany still has memories of the hyperinflation that afflicted the Weimar Republic between the two World Wars and ultimately led to the rise of the National Socialist (Nazi) Party under Adolf Hitler, and it feels unlimited printing of new Euros to meet the debt problems could lead to serious inflation, or hyperinflation problems all over again. Meanwhile, France is very worried about the exposure of its own banks to Greek, Belgian and other European overexposure - and also has its own serious debt problems.
But is the situation much better in the U.S. one may ask? Disagreement between Republicans and Democrats has led to a total impasse on plans to save $1.2 trillion over 10 years. Meanwhile the deficit continues to increase and although there are small signs the economy may not be getting worse, it doesn't seem to be improving either.
So why is gold, the archetypal safe haven, not doing better? It is actually doing rather better than it is given credit for! For those who had put their faith in gold prior to this summer it has been serving its purpose of protecting wealth pretty well. So far this year gold has actually risen by some 20% in US dollars whereas most general stock indices have fallen over the same period - the S&P500 is down around 8% for example. Thus gold has been protecting its investors both against stock market decline and against the erosion of currency values. Over a longer period the yellow metal has been doing even better.
That's pretty good protection by any standards.
The gold price did soar in the summer and those who may have bought at the peak will have seen temporary losses, but overall gold has served most of its investors well, contrary to much of the comment one reads in the financial press where a stutter in the gold price is generally seen as the beginning of the end.
Maybe one should look at the conclusions of Alf Field - a now-retired gold and monetary analyst - in a one-off speech in Sydney (see: The "Moses" generation and the future of gold). Field has a remarkable track record in gold price prediction using his own variation on the Elliott Wave principle. His latest predictions suggest we could see the possibility that gold may have another dip to test $1531 but that once this correction has been completed, we should enter the largest and strongest wave in the entire gold bull market. The target for this wave should be around $4,500 with only two 13% corrections on the way! We shall see."
Yes and here we go :
Mines and Money London
Mines and Money London 2011, December 6-7, Business Design Centre, Islington, London.
With London’s established prominence as the financial partner in the global mining industry, Mines and Money London is an invaluable channel for the global mining industry to cultivate long term partnerships with the city’s mining stakeholders and investors.
Mines and Money London brings together some of the most influential decision makers within mining companies, the investment community, governments and professional services.
Recognised as the best international forum for networking in London, Hong Kong, Beijing and Sydney, these events are fixtures in the diaries of industry leaders.
Investors attend free. Click here to apply
Petaquilla Minerals Ltd Stand Number: M1
Petaquilla Minerals Ltd is a mining company presently operating a surface gold-processing plant at its 100% owned Molejon Gold Project.
“Investors are moving into less riskier assets” - what are they? Some analyst predict the gold to go up and some saying opposite… just does not make any sense . I think we are safe here.
I am not disappointed , add this to your 6 month worry and be happy:
"An on/off leach pad with a capacity of 40,000 tons of ore was commissioned during the first quarter of fiscal 2012. At the same time, the Company commenced construction of a second leach pad with a capacity of 300,000 tonnes of ore. The Company estimates that the combined ore on the two leach pads will contain approximately 17,000 gold ounces by the end of the third quarter of fiscal 2012 with a planned recovery rate of 70%. Additionally, the installations of a third drum scrubber and a new horizontal Carbon-in-Column Circuit during the first quarter of 2012 are expected to significantly improve the processing of clays and increase gold absorption capacity by 80%, thereby improving gold recovery rates from the milling system as well as from the on/off leach operation.
Subsequent to the end of the first quarter of fiscal 2012, the Company initiated the procurement of a fourth ball-mill plus the corresponding two additional leach tanks and two Carbon-in-Pulp tanks, which, as from the first calendar quarter of 2012, will add 1,000 tpd processing capacity, representing approximately 2,000 additional ounces of gold recovery monthly. "
Why sell? Approaching 100K capacity by next year.
Almost 40% profit ! Frick'n unbelievable !
Thanks for sharing.
"Panama Invest 2011 - Paris
Date start:18-11-2011 Date end:19-11-2011
Location:Paris Country:France Sector:Investment (Panama)
Panama Invest is a cycle of conferences delivered by the government of the Republic of Panama to potential investors located in key global markets with the aim of disseminating information about business opportunities and attracting foreign investment to Panama. This year Panama Invest will start in Sao Paulo to be followed by Toronto, Madrid, Tokyo, Munich, Rotterdam and will end with the second edition in the British capital of London.
Thus, under this favorable environment, Panama Invest seeks to showcase a variety of business opportunities for companies interested in setting up their operations in Panama, where the national government has identified important sectors for investment such as maritime services, logistics and transport, mining, tourism, financial services, among others. Moreover, Panama Invest will introduce the strategic function of Panama to serve as platform for the operations of enterprises in the larger Latin American region.
We lost in a jungle of juniors and small producers, retail investors just simply cannot find us.
That is why I believe N.O. conference helped us to be discovered by large investors and funds. Some of them would like to invest if we are to trade above $2. So let bring reverse split back.
Fine with me.
I smell JV. Here in Panama ,We/ptq do their/Inmet's gold and they will process our copper.
In Spain, Inmet has a copper mine/process facility in Cobre Las Cruces... let me think .. hmmm. Just happens in a same Andalusia province outside Seville... let me think a bit harder... yep , got it.
Reverse split !!!
What are the rules? We should be $2 in order to be listed ( if I remember correctly). That would allow new funds to invest ... great news.
I am late catching-up on the news, wow! Looks like Euro is dead or re-born / re-print.
Action between Greece and Italy reminds me a mule stuck in a mud and trying to pull one leg out while other sinks-in.
Traders act as an addict, they just cannot quit…
"The news item from the G-20 about Germany not willing to pledge its GOLD reserves to guarantee the EFSF leads me to believe that the use of GOLD to backstop DEBT is on the table. The U.S. has the largest GOLD RESERVES with Germany second and the IMF third. Yes, IMF rules presently prevent the use of its GOLD for collateral but with the G-20 seeking to become more relevant in the current CREDIT CRISIS it would not surprise me if the IMF HEAD Christine Lagarde didn’t find a way to utilize her legal background and circumvent the rules.
If the IMF leveraged it GOLD horde the market may see it as bearish as it may resolve the immediate crisis but ultimately the monetization of the world’s GOLD would lead to a bullish outcome; when and at what price we will let the market tell us? This view may be a fantasy but the German decision to deny Europe its GOLD holdings mean that discussions are taking place. Oh and Italy is also in the Top 10 of GOLD holdings.
When it comes to Europe and finance it is similar to the movie “BANG THE DRUM SLOWLY.” The veteran ball players entice the rookies into a card game called TEGWAR (THE EXCITING GAME WITHOUT ANY RULES). That seems to sum up the international financial system, especially Europe.”
10
In a past we were led to believe that "Money" will eventually come to junior miners. But it is not happening yet. For whatever reason , some prefer invest in ETF than taking a chance on miners.
I believe that company is going to make huge amount of cash in the next few years and nothing attract new investors better then announcement of dividend, I would love to see 1% and that would also push our SP.
The main attraction for me personally is PDI , always been and will be ( yes we talk about it before and I express how I feel on other board). PTQ will or will not make us money , but PDI and Minera are here to stay for the long time =
Opportunity to score.
Taxes issue ?
Or maybe PDI spin-off at PTQ priced ( let say at $.68), so .68/ 4 = .17 PDI is priced at $.17
.68 - .17 = .51 PTQ is priced at $.51 is a good time to start a buyback .
Scott, here is a little taste:
https://www.kitcomm.com/showthread.php?t=95572
I understand how you feel (I think you live there). But it comes directly from their report. In addition
Inmet mention that they are going to re-locate and accommodate sixty some families, which is nice of them.
gabbs, my bad... it was Inmet's employment, sorry.
Lo,I am surprised that PDI will employ 5000 people directly and 25K indirectly – that is huge for Panama.
Also, looking back at Taylor recommendation – I noticed that two days before the announcement - SP was going to almost $.90 with million shares traded, I bet he sent a privet recommendation earlier to his “friends”.
It is all good.
I'd like to hear from Horse's mouth on all latest issues.
It is a JV :
LISBON, Oct 25 (Reuters) - The license to prospect for gold in the Alentejo, assigned to Colt Resources Inc. and Iberian Resources, lasts for three years, after which, confirming the viability of the project, will exploitation, according to a spokesman for the Ministry of Economy, and the contracts signed on November 2.
"This is an experimental allocation of mineral deposits of gold in the area of ??Évora and Montemor-o-Novo - Good Faith Mining Project, for a period of three years for development of confirmatory studies of the economic interest of the tomb," he said, Reuters, the official source from the Ministry of Economy.
He stated that these works include "testing the productive semi-industrial scale", and the grant was allocated to the joint venture (JV) of the Canadian and Australian Colt Resources Iberian Resources.
He stressed that the signing of contracts is scheduled for next Wednesday, November 2.
He explained that "the benefits to the state's 4 pct of the value of production in the third year of the concession contract experiment."
After these three years the JV may request the granting final and proceed with exploration, subject to the approval of the Environmental Impact Assessment.
In this experimental phase, the minimum required investment is 3 million euros (ME).
That source said that to explore substances are mainly gold and silver but also copper, lead, zinc and associated minerals and the work provided include polls, reopening of galleries, bulk sampling, pilot tests, calculation of reserves, mining planning.
IBERIAN RESOURCES MINE HAS STUDIED THE GOOD FAITH
Mine of good faith, in the hills between the Monfurado Montemor-o-Novo and Évora, was disabled in October 2008, following the insolvency of Iberian Resources, at the time, finished work of prospecting for mineral deposits of gold.
The start of operation, which has failed to occur was in 2009. Studies by Iberian Resources over 30 miles, involving an investment of an ME and concluded that the mine was viable for 15 years, with a planned extraction of 2 million pounds a year.
Gold reserves in Monfurado indicated one million ounces with metal content of 2 grams per tonne (g / t).
The Iberian Resources has since been acquired by Petaquilla Minerals Ltd.
Mjk , had problem with computer. I did not get to read his post, can someone re-post what he said, please?
Press Release Source: Jefferson Financial, Inc. On Tuesday October 11, 2011, 12:30 pm
NEW ORLEANS, LA--(Marketwire -10/11/11)- Hundreds of today's most active individual investors are heading once again to New Orleans, for an annual event that has, now in its 38th year, gathered the world's most celebrated and successful experts to share their advice and top recommendations.
This year's event -- being held from October 26-29 at the Hilton New Orleans Riverside -- is no exception, as the 2011 New Orleans Investment Conference features a blockbuster agenda with some of the biggest names in economics, geopolitics and investing.
This year's Conference will include a special "Political Debate" and a "Summit on America's Future" -- two elite panels featuring Dr. Charles Krauthammer, James Carville, P.J. O'Rourke, Stephen Hayes and Stephen Moore.
With very little chance of addressing America's massive debt load and slumping economy before the 2012 elections, investors today are faced with one of the most dangerous and potentially rewarding environments -- if they can position themselves appropriately.
The dozens of world-renowned experts in geopolitics, economics and investments presenting at New Orleans 2011 will give attendees timely strategies and specific tips to profit during the turmoil. The star-studded speaker roster also includes:
Glenn Beck - Host and star of the nationally syndicated radio talk show "The Glenn Beck Show" and now "GBTV," he daily attracts millions of viewers and listeners. Known for his quick wit, candid opinions and engaging personality, his daily controversial discussions are focused on the news of the day -- politics, society and current affairs.
Dr. Marc Faber - An icon in the world of investments, Dr. Faber's typically controversial and contrarian views have earned him the label of "Dr. Doom." But even his harshest critics admit that he's been unerringly correct in his market forecasts over the past three decades.
Dennis Gartman - Mr. Gartman is a frequent guest on leading investment television programs and his daily publication, The Gartman Letter, is read by many of the world's leading banks, brokerage firms, hedge funds, mutual funds and commodity trading companies. At the New Orleans Conference, he'll share his most powerful tips and forecasts with attendees.
Peter Schiff - After dead-on accurate predictions on the U.S. stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, commodities, gold and the dollar, all of the nation's major financial media are flocking to hear Mr. Schiff's latest views.
Dr. Stephen Leeb - The senior editor of The Complete Investor and one of the most successful and highly respected investment newsletter editors in history, Dr. Leeb will provide attendees with his forecasts for the tumultuous days ahead, but also the specific stocks and strategies needed.
P.J. O'Rourke - American political satirist, journalist, writer, and author, his persona is that of a hard-bitten, cigar smoking conservative and named by Vogue Magazine as "one of the five men you'd most want to sit next to at a dinner party."
In addition to these speakers, the 2011 New Orleans Conference will feature dozens more of the most respected advisors in every area of economics and investments, including Brien Lundin, Rick Rule, John Kaiser, Lawrence Roulston, Brent Cook, Gene Arensberg, Thom Calandra, Adrian Day, Mickey Fulp, Mary Anne and Pamela Aden, Ross Beaty, Frank Holmes, Ian McAvity, Bill Murphy, Chris Powell and more.
The New Orleans Investment Conference has been called "the world's greatest investment show" by Money Magazine, which noted the Conference's impressive exhibit hall and roster of top speakers.
For over three decades, the most sophisticated and successful investors in the world have gathered at this event, where they get the latest tips and strategies from the most acclaimed authorities in investments, economics and geopolitics.
Lady Margaret Thatcher...Ayn Rand...Alan Greenspan...Dr. Henry Kissinger...Nobel laureates Milton Friedman and F.A. Hayek...Senator Barry Goldwater...Steve Forbes...Vice President Dick Cheney...General Norman Schwarzkopf...General Colin Powell...President Gerald Ford...Sir John Templeton...Louis Rukeyser and hundreds more have graced the stage of the New Orleans Conference.
At no other event are investors able to receive such valuable, up-to-the-minute investment advice from such a prolific list of experts. In addition to the ever-impressive line-up of speakers, the Conference's Exhibit Hall will be filled with a variety of publicly traded companies, all eager to present their stories.
Top-level Sponsors for New Orleans 2011 include: Natcore Technology (TSX-V: NXT.V - News) (Pinksheets: NTCXF.PK - News), Global Hunter Securities LLC, U.S. Global Investors, Inc. (NASDAQ: GROW - News), McLeod Williams Capital Corp., Bayou City Exploration, Inc. (OTC.BB: BYCX.OB - News), Masterpiece Investments Corp., Petaquilla Minerals Ltd. (TSX: PTQ.TO - News) (OTC.BB: PTQMF.OB - News) and Sabinal Capital Investments, LLC.
For a complete agenda, list of speakers, exhibiting companies and other Conference information, visit www.neworleansconference.com, or call the New Orleans Investment Conference at 800-648-8411.
News!
VANCOUVER, BC--(Marketwire -10/11/11)- Petaquilla Minerals Ltd. (TSX: PTQ.TO - News)(OTC.BB: PTQMF.OB - News)(Frankfurt: P7Z.F - News) ("Petaquilla" or the "Company") announces that on September 22, 2011, VTV Uruguay, a Spanish language television network in Uruguay, aired a program dedicated to mining. The program focused on the Company's Molejon Gold Project as an example of responsible mining with an emphasis on the responsibility of the project throughout its chain of values: business, environmental and social activities, respecting and benefiting all stakeholders.
The program initially briefly covers the gold history of Panama and then presents the current Molejon Gold Project in the Donoso District of the Colon Province of Panama and gold extraction therefrom.
The program features interviews with the Company's Chief Operating Officer, Lazaro Rodriguez, Mine Supervisor, Jesus Pinzon, Plant Engineer, Rafael Eysseric and Engineer Leonel Silva, who collectively present an overview of the procedures at the open pit mine site and processes at the gold production plant.
The Company invites its shareholders to view the documentary in order to see the scope of the project from the open pit area to the computerized centre of the plant, from where all functions of the plant are controlled in order to improve the efficiency of each of the activities of the plant. The procedures involved to physically extract gold and silver from ore in order to produce dore bars, cyanide management, sediment control, reforestation and corporate social responsibility are but a few of the topics discussed.
In the documentary, Dr. Leonel Arosemena speaks on behalf of the Petaquilla Foundation with respect to corporate social responsibility. The Petaquilla Foundation was formed to create and administer community programs in the areas surrounding the Molejon Gold Project. Its mandate is to promote a culture of sustainable development through social programs (courses and counseling) promoting economic independence of participants. Several health related programs have been implemented and the Petaquilla Foundation also constructed Coclesito's rural hospital, which serves approximately 20 communities. To support medical services, the Company provides helicopters for emergency transfers from remote locations and areas that are difficult to access.
VTV Uruguay's Spanish language documentary covering Petaquilla's responsible mining activities can be viewed at the following web addresses:
http://www.vtv.com.uy/servlet/hwebhome
Part 1:
Savlo, I absolutely love your predictions, in mean time the section of CNBC has “Invest in Panama “ add .
Check it out people, ...
http://www.cnbc.com/id/44834374
Go Bengals.
" feel good" :
Petaquilla Gold,S.A. and ANAM have developed together programs of reforestation
By jrivero,on September 25th,2011
As part as of a compliance to the Study of Environmental Impact the company Petaquilla Gold. S,A. has developed since its inception,
reforestation programs in coordination with the National Environmental Authority (ANAM) with the plantation of seedlings in various surrounding communities to the mining project.
In this sense,the Petaquilla S.A.,Company,headed by the businessman Richard Fifer- Carles,they have cultivated in its greenhouses over 10 thousand seedlings of native,fruit and wood species,which have been planted to reforest lands outside the mining concession that have been historically deprecated with the burning and cleaning of trees,lands that have been used for subsistence agriculture and the breeding of cattle.
For the development of these programs,Petaquilla Gold S.A.,has counted with the technical assistance of the ANAM.
For what it worse:
Looks like Inmet is going forward with or without Koreans and Chinese are still in a play.
I hear you, don't forget regardless our differencies - we are in a same boat.
Yes, Europe… Greece is doomed , the only question is 50% or 25% hair-cut. I was less concern with SP going down on a small volume, but 20x is a huge !!! I’d like to know what is causing it , taxes? I am not sure, something else is in a play… it is aggravating.
Does anyone care what happen today? Almost 20 x average volume and we are down.
Speculations? Theories?
Maybe it has to do with Iberian stock swap ?
Just to add: PDI has good relationship with MECO, but as acanuck put it - it is a huge project , enough work for everyone and number 1:
PDI is Panamian company which by the Law gets first bit on all contracts.
I agree on ODN - it is not important anymore since we bought Iberian. ODN and other concessions are in a middle of the jungle, no utilities , to build a road or new plant? - just too much at this point to consider as a deal maker, it will do something for us 5 years from now, maybe . That's why Iberian is so important for PTQ investor and I also wish that Mr.Fifer would spend some time talking about it.
PDI - I disagree, it is extremely valuable part of a whole picture, it gives me opportunity to participate in one of the largest copper development for the next 30 years. Properly structured and executed it can be a great long play.
I meant to say that heap leaching will produce additional 2K oz. next quarter.
Actual gold mined equalled 61,227 ounces resulting in 43,213 stockpiled gold ounces for the Company's on/off leach pad project, which commenced production this week as previously forecasted.
If you add leach operation which just started, that will give you additional 2K oz. and put us in 20+K oz. range ,
I am very happy with results.
Go PTQ !!!
,
acanuck, you are right:
According to company presentation ,
by the year 2014 - we will produce 210000 oz. Au +751000 oz.Ag
by 2015 - we will produce : 264000 oz. Au + 1,280,000 oz. Ag
Looks good enough to call a Mid-tier. But if it's true what I hear - we might hit those numbers earlier.
VB
Hi 616,
Präsentiert von: Wigberto Quintero, Secretario Allgemeine ESD von Liz. Leidi Gonzales, Director Encargados, Asamblea Nationale und planen diesen 22 Agosto 2011 zubereitet und präsentiert die 11 Agosto 2011 angenommen. Es ist achtzehn Seiten lang und auf der Website. Daraus wird der neue, neuen, neuen Bergbau-Code mit wird im September behandelt werden und sollte durchgeführt werden die Debatten bis zum Ende des Monats. Sieht aus wie es rechts auf der Vorderseite Brenner für mich ist. Denken Sie daran - alle drei Parteien pro-Bergbau, wissen sie genau, wo das große Geld aus.
Bitte.