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.
This is very huge !!!!
NEM buying FRG ----> 14$ BOUM !
NEM buying FRG ----> 14$ BOUM !
Howard Davidowitz on Financial Crisis
http://laboussole2012.wordpress.com/2011/02/01/howard-davidowitz-on-financial-crisis/
Howard Davidowitz on Financial Crisis
http://laboussole2012.wordpress.com/2011/02/01/howard-davidowitz-on-financial-crisis/
Gerald Celente « Blame blah, China threat & Arab revolutions »
http://laboussole2012.wordpress.com/2011/02/01/gerald-celente-blame-blah-china-threat-arab-revolutions/
Gerald Celente « Blame blah, China threat & Arab revolutions »
http://laboussole2012.wordpress.com/2011/02/01/gerald-celente-blame-blah-china-threat-arab-revolutions/
Any Target price ?
Going up on no news, difficult to jump in.
EGYPT LIVE !
http://www.bbc.co.uk/news/world-middle-east-12307698
It seems TLR is the only stock who deserve to be dump in the gold sector.
It's insane...
They kick us everyday, without a pause.
International Tower Hill Mines Announces 2011 Exploration Program; Adds New Corporate and Project Personnel
http://www.marketwire.com/press-release/International-Tower-Hill-Mines-Announces-2011-Exploration-Program-Adds-New-Corporate-TSX-ITH-1378565.htm
6.4 million warrants at $3.50 expiring in July & August 2011 and
1.7 million warrants at $1.75 expiring in March 2011
Helen Bagley
Hedge fund SHK Asset Management liquidated a U.S. gold futures position this week valued at over $850 million, more than 10 percent of the main U.S. futures market, the Wall Street Journal reported on Friday.
As a result of the move, which was made on Monday, the number of gold contracts on CME Group Inc.'s Comex division plunged by more than 81,000, to about 500,000, in their biggest single fall ever, the WSJ reported. It said an average daily move is about 3,000 to 5,000 contracts.
Daniel Shak, who runs the $10 million fund, told the newspaper that the trade had been profitable for him for years, but it stopped working and the exchange kept raising his margin requirements, forcing him to put up more money.
Shak said that when the exchange raised it by 25 percent on Monday, he decided to cut his losses and end the trade, the newspaper said.
http://www.reuters.com/article/2011/01/28/precious-fund-idUSLDE70R0TH20110128
Hedge fund SHK Asset Management liquidated a U.S. gold futures position this week valued at over $850 million, more than 10 percent of the main U.S. futures market, the Wall Street Journal reported on Friday.
As a result of the move, which was made on Monday, the number of gold contracts on CME Group Inc.'s Comex division plunged by more than 81,000, to about 500,000, in their biggest single fall ever, the WSJ reported. It said an average daily move is about 3,000 to 5,000 contracts.
Daniel Shak, who runs the $10 million fund, told the newspaper that the trade had been profitable for him for years, but it stopped working and the exchange kept raising his margin requirements, forcing him to put up more money.
Shak said that when the exchange raised it by 25 percent on Monday, he decided to cut his losses and end the trade, the newspaper said.
http://www.reuters.com/article/2011/01/28/precious-fund-idUSLDE70R0TH20110128
R.D is the one....
That is the name I use to hear during my trip in Guinea.
Before the 16 of December (PR about the potentiel JV)
HDY was trading around 3.40$.
Can we say that we need to fall back there to have a fair price ?
Marc Faber « Obama is a disaster »
http://laboussole2012.wordpress.com/2011/01/26/marc-faber-obama-is-a-disaster/
Marc Faber « Obama is a disaster »
http://laboussole2012.wordpress.com/2011/01/26/marc-faber-obama-is-a-disaster/
Why I'm focus on TLR ?
Let's go with numbers, ok ?
TLR will produce 60.000 onces/gold in 2012 from Montana Mine.
They will get 50% of the production = 30.000 onces.
From the Nevada Mine, we expect the result during the first days of March.
Rumours talk about + 1M onces of gold (80.000 once/year X 13 years).
Basically, TLR will produce 110.000 once of gold in 2013.
Nevada Mine will be fully financed by Montana profits.
THE 1 MILLION $ QUESTION IS :
"What is the market cap for that kind of company" ?
Well......
I've two exemple of cheap mid-producer.
AZK have produce 155K once of gold in 2010.
Market cap = 1B$
GRS have produce 185K in 2010
Market cap = 1B$
So we can say that TLR will deserve a market of 500M$ cap around 2013.
Assuming actual total shares = 10$/share or 7$/share fully diluted (If they exercice the 24M$ Warrants)
WHO CAN DENY THESE NUMBERS ?
I'M NOT CRAZY !!!!
Why I'm focus on TLR ?
Let's go with numbers, ok ?
TLR will produce 60.000 onces/gold in 2012 from Montana Mine.
They will get 50% of the production = 30.000 onces.
From the Nevada Mine, we expect the result during the first days of March.
Rumours talk about + 1M onces of gold (80.000 once/year X 13 years).
Basically, TLR will produce 110.000 once of gold in 2013.
Nevada Mine will be fully financed by Montana profits.
THE 1 MILLION $ QUESTION IS :
"What is the market cap for that kind of company" ?
Well......
I've two exemple of cheap mid-producer.
AZK have produce 155K once of gold in 2010.
Market cap = 1B$
GRS have produce 185K in 2010
Market cap = 1B$
So we can say that TLR will deserve a market of 500M$ cap around 2013.
Assuming actual total shares = 10$/share or 7$/share fully diluted (If they exercice the 24M$ Warrants)
WHO CAN DENY THESE NUMBERS ?
I'M NOT CRAZY !!!!
Schafer: No one has mentioned that four-letter word yet: gold.
Hickey: I've had more than 50% of my assets in gold for the past seven years. Institutional ownership of gold is ridiculously low. It is less than 1%.
Zulauf: At its 1980 peak of $850 an ounce, gold represented 3% of the market capitalization of global equities, bonds and money-market assets. Today it is 0.6%. The price has a long way to go.
Hickey: We have seen tremendous speculation and exuberance in the stock market, as evidenced by Investors Intelligence and other sentiment indicators. Not so in gold; the Hulbert Gold Newsletter Sentiment Index is down. But the gold-stock rally has entered its speculative phase. The GDXJ [ Market Vectors Junior Gold Miners exchange-traded fund] was up twice as much as the GDX [ Market Vectors Gold Miners] last year. Mining stocks are undervalued.
http://online.barrons.com/article/SB50001424052970204555504576075983972474462.html#articleTabs_panel_article%3D1
Schafer: No one has mentioned that four-letter word yet: gold.
Hickey: I've had more than 50% of my assets in gold for the past seven years. Institutional ownership of gold is ridiculously low. It is less than 1%.
Zulauf: At its 1980 peak of $850 an ounce, gold represented 3% of the market capitalization of global equities, bonds and money-market assets. Today it is 0.6%. The price has a long way to go.
Hickey: We have seen tremendous speculation and exuberance in the stock market, as evidenced by Investors Intelligence and other sentiment indicators. Not so in gold; the Hulbert Gold Newsletter Sentiment Index is down. But the gold-stock rally has entered its speculative phase. The GDXJ [ Market Vectors Junior Gold Miners exchange-traded fund] was up twice as much as the GDX [ Market Vectors Gold Miners] last year. Mining stocks are undervalued.
http://online.barrons.com/article/SB50001424052970204555504576075983972474462.html#articleTabs_panel_article%3D1
Schafer: No one has mentioned that four-letter word yet: gold.
Hickey: I've had more than 50% of my assets in gold for the past seven years. Institutional ownership of gold is ridiculously low. It is less than 1%.
Zulauf: At its 1980 peak of $850 an ounce, gold represented 3% of the market capitalization of global equities, bonds and money-market assets. Today it is 0.6%. The price has a long way to go.
Hickey: We have seen tremendous speculation and exuberance in the stock market, as evidenced by Investors Intelligence and other sentiment indicators. Not so in gold; the Hulbert Gold Newsletter Sentiment Index is down. But the gold-stock rally has entered its speculative phase. The GDXJ [ Market Vectors Junior Gold Miners exchange-traded fund] was up twice as much as the GDX [ Market Vectors Gold Miners] last year. Mining stocks are undervalued.
http://online.barrons.com/article/SB50001424052970204555504576075983972474462.html#articleTabs_panel_article%3D1
:(
Speculators and traders will probably want to stick around because it seems pretty likely that there will be plenty more volatile swings ahead. For investors, however, there are plenty of other options that are far less speculative (and far more profitable) than Hyperdynamics.
http://www.fool.com/investing/general/2011/01/25/hyperdynamics-shares-plunged-what-you-need-to-know.aspx
Peter Schiff: Inflation is back
http://laboussole2012.wordpress.com/2011/01/25/peter-schiff-inflation-is-back/
Peter Schiff: Inflation is back
http://laboussole2012.wordpress.com/2011/01/25/peter-schiff-inflation-is-back/
Peter Schiff: Inflation is back
http://laboussole2012.wordpress.com/2011/01/25/peter-schiff-inflation-is-back/
So the 27 Will be a kind of sell on the news ?
The 5MA crossing down the 10MA + 20MA don't disturb you ?
Ohhh yes, I'm bleeding everyday....
If my numbers are correct, they need to push the price above 3.5$ before July-August 2011 to receive 24M$.(Average)
If not, no cash but no dilution !
If my numbers are correct, they need to push the price above 3.5$ before July-August 2011 to receive 24M$.(Average)
If not, no cash but no dilution !