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From the Silverton Standard.
Recently I decided to write to the Silverton Standard editor and ask a couple of questions. I thought maybe since he has his finger on the pulse of the goings-on of the community, maybe he could give me some insight.
Below is his reply e-mail and below that is my e-mail to him.
Just thought some of you would be interested. Some of you already know most of this info, but for what it's worth here it is.
Reply message:
Hecla Mining Co. is apparently hoping to reopen a mine near Creede, Colo., about 50 miles southeast of here. And 20 miles north of here a small mine near Ouray is preparing to open. It might involve 50 jobs. Some people from Silverton in fact are already working on getting that mine up and running.
Meanwhile, as you point out Colorado Goldfields continues its quest to get the Pride of the West Mill (3 miles from here) permitted. That seems to be taking a long time
thanks the the Colorado Division of Reclamation and Mining Safety.
For whatever reason, big mining giants such as Kinross Gold seem uninterested in the Silverton area at this point. Kinross, parent company of Sunnyside Gold Corp., is in fact offering to pay millions on environmental projects here but the president has stated flatly that Kinross is done with the San Juans.
but there is hope.
On Jun 22, 2012, at 1:47 AM, andrew herbison wrote:
Dear Editor.
Hello there my names Andrew, I reside here in southern California. As I understand it, is that the town of Silverton is a historical mining area. Upon my research, I come across many articles and videos regarding the Hundred Year Mine, the Spanish Mining era, etc..
While doing my research, I realized there is a mining company called Helca, which is mining silver in Colorado, but not in Silverton. Why not? and also, I read that a company called Colorado Goldfields is trying to get off the ground... what is stopping these companies from carrying on historical tradition in such economic times? It seems that in such a historical area, seems to me that mining would in full effect in that Silverton..
what are your thoughts,
Thanks for your time in advance.
Andrew from Califonira
Where is the 8k, and when is/ was it due? If I may ask this too, what would be the good news and what would be the bad? Thanks in advance for your comments.
Shy-
Question.
Has any company ever bought back shares to increase company share price value? I guess it's called a buyback... Not sure exactly if even asking the right question here, but basically has a company ever gotten out of a Pps mess other than a RS?
And can anyone give examples? Or ticker symbols. Thanks in advance.
Shy-
What is everyones price targets?
When..
And why..
Thanks.. Shy
Signed sealed and delivered. Also passing it along to others. Thanks. If i may add something... If the share price goes up, and y'all make a fortune.. You all might look into starting your own gold company.. I swear all of you are doing an amazing job with fact finding, following up, breaking it down.. If you ever start a company.. Let me know I'd be first to invest. Thanks for all that you do. Raising my grog as a toast to all the hard workers on this site. God Bless, and pray for the local and State gov. To get this thing permitted so people can work and provide for their families.
-Shy
Hello everyone, I've been away for a while, only to come back to great news. :) but what is all this talk of a signed petition? Can someone post a link, and briefly explain what needs to be done on my part. Thanks and sorry I've not been keeping up with the goings on as of late.
Shy-
Gold just jumped +$49.00 this morning in trading. WOW. That's huge.
Does anyone have am idea on approximately when NBRI might put out news? And what news should we expect?
I'm sorry but I have not been following as close as I should be. But I'm looking to pick up more shares today or next week and add to my current holdings.. Thanks I'm advance.
Shy-
To those who think gold is going off a cliff, and to those who think it's going to the moon. If i may add my two cents..
I hope your both right.. And i hope it happens in either order..
If it drops off a cliff.. That will be sooo awesome because that will give me more time to collect more shares. And it will pretty much follow the 1974-1979 pattern of gold dropping 50% before reaching it's all time high in 1980. And mining shares following a few months later.
If gold goes to the moon first due to civil unrest, political douch-bag-ery, or financial Armageddon ... Then that's cool too because I have already insulated myself with physical, various mining shares and NBRI.. So I am sure most of you have aswell.
In the short term 6 months -1 year out the dollar will strengthen due to the fall of the euro, and other currencies collapsing.. Everyone will seek shelter in the USD.. However gold may fall during that period.. (gold will receive alot of negative news- barbaric, uncivilized talk, hoarders etc)..
But that is the time to really accelerate your stacking and accumulation of mining shares.. (beware because Obama signed that bill to confiscate all natural resources during times of civil unrest and during times of PEACE).
So make sure you diversify your holdings..
But after the dollar has gained it's short term strength .. Watch for a complete currency collapse because other countless like Russia china Iran pakastain won't want dollars and will want more gold for oil. Which will cause larger scale wars, and unrest. Then once this all kicks off you and I will see a flee from the USD accelerated, and gold will then sky rocket.. To verify this please check out the gold fibanocci sequence - the chart shows shorter frequencies, and higher patterns. So be ready for the radical spike.
Anyhow- either way gold and mining shares will in fact go off a cliff and they will also go to the moon.. And either way I'm ready.. So bring it on...
:)
Happy stacking..
A good couple of great interviews. video links below.
1. Rick Rule- Casey Research
http://www.caseyresearch.com/cdd/rick-rule-contrarian-speculation
2. Mike Malloney gold/silver
ops. I meant- does anyone know if CGFIA attended the California resource investment conference 2012 ?
dose anyone know if CGFIA went to the hard assets confrence in Palm Springs ?
KUNI, I don't believe that house will lose value.. Maybe sentimental value to her, but financially speaking it will go up. But that's a one off, just for her property.. The entire market is declining in general.
But she's sitting on something with a lot of value, value to whom... CGFIA. Or whom ever takes over that project in the future. As a rental for workers, or executive quarters or something of that nature.
Over time that residence could be historical, as the thorn that almost took CGFIA down.. CGFIA should buy her out, and make use of it . (after the permit is approved).
She just wants to be compensated for her lose, or future lose due to construction, etc. I don't know if she has grounds for that legally, but that's what her objection is all about.
She will take a Lose either way.. Emotionally and or financially. Bit if she was really smart, she'd lease it to cgfia, for an X amount of shares, allow the permit to continue.. Then gain financially on the house property rental, and on the shares. Win win win for all involved.
Then, she could sell the property once things are up and going, profits are made, and tensions are low.
MHO.
Shy-
Thank you all for the good advice..and insight.
I currently have a Canadian account.. Err well I mean it's an American account that I can trade Canadian stocks.. Via Penntrade.. Btw is that a good broker? I just went with it because I wanted to buy a few Canadian warrants, and Dudley Baker of Canadian junior warrants suggested that to his subscribers.
But how would one acquire a Canadian account if I'm not a citizen. And would I be able to buy in with with USD, as an American into a Canadian account and receive Canadian currency or liquidate at some point for Canadian dollars?
Dow anyone know how that works and or could suggest a place to start looking for more info.
I also agree with you posters as to sell once it goes vert, cash out for usd, then buy physical..
But I've been reading alot of info lately that jr. Gold/ silver miners are the most explosive, and will surpass physical in the long run with respect to % gain. But my only gripe is physical is bullion is a no brained.. Just stake the yellow and silver.. Jr. Miners take so much study, markets companies, management, location, local and national policies../ politics. Etc..
Any opinions on that ?
Btw- I am holding a long position in NBRI.
Just wanted to know others perspectives on the previous question. Thanks in advance for your insights.
I have a question:
If the the euro collapses, which gives way to a (short term) strong dollar , the inverse effect gold declines (short term/ also mimicking historical patterns of 1974-1978 decrease by 50%),
Then people realize the fiat USD is worthless and gold then increases, and thus so does jr. Miners-
If we have an explosive increase shares that are redeemable in worthless USD, are we really going to be wealthy or just as poor in the future as we are currently?
I wonder what the call will be? CEO buying more AMNP shares, more docs posted on the DRM's site..
Im Excited and equally scared, not to mention emotionally worn out from this roller coaster.. (and I break the first & second rules of trading every damn day) don't let your emotions get into it. And don't fall in love with a Stock.. I'm guilty of both..
Ahhh well whatever happens it's been exciting and fun learning from all of you. Thanks for always keeping it light hearted, and teaching me how and where to find pertinent info. It's been a great experience either way.
Thanks from the bottom of my empty pockets.. I couldn't pay for such a learning experience anywhere.. I hope to meet most of you at the silverton Harley shop when this is all said and done..
I pray we are all blessed with wealth and wisdom from this.
All the best
Shy-
Thanks dee for the great DD and info. I do appreciate sound advice (imho) on this being a good investment. And I wholeheartedly agree.
Does anyone know roughly when NbRI will start production on ruby?
Also- is it permissible to ask this? Can anyone give me their "IMHO", on what would happen if there was a global currency breakdown .. How would this company in particular do based on it's location and local politics..
Thanks in advance.
By the way- has anyone read Jim Richards Currency wars? I would like a review if it. Thanks again.
Shy-
Someone sent me an e mail stating NBRI would be at .02, and gold would be 1200.. And if that were to happen I'd be even more ecstatic because that would only prove history repeats itself.. Just as it did in the 20's, and 70's. Dropped 50%, then a few years later went parabolic.. And I believe (based on the fibanocci sequence of gold) the third raise in gold will be the biggest and baddest of them all. (google fibanocci gold sequence), and if junior gold miners are following that trend I would welcome any 50% drop .. I'll just accumulate more..
Let's face it.. The USD is strong right now, however there are Is to much unbanked paper contracts in gold and silver. And we all know where this will lead too.. That's why were all hear.. To reap the rewards of being before the trends and sheeple.
I'm accumulating, stacking and collecting physical and shares.. I'm confident in the long term that my investments will pay off..
:) have a blessed Easter all.
Just to let you all in on a little secret. Obama recently signed an executive order which empowers the gov to confiscate all natural resources (before it was during martial law, war time, now the new EO states during peacetime ie anytime they deem )
And if that happens gold will go through the roof, as the gold price moves way up- and there's a collapse of the is economy (which is currently happening, mass sheeple just don't know it). -this will cause foreign gold producers to explode in share price. American mining companies will get nationalized and share price will dive. Causing money to flood to physical and then to foreign producing miners outside the grips of the us gov. (for a time being). Till the banksters and gov. Find another way to rape and pillage the people.
So if your in NBRI you are in a very good position. The worlds changing quickly... Better be ready for it.
We haven't seen anything yet.
Hang tight everyone.. Keep the faith.. CGFIA is going through uncertain times.. But they have complied accordingly, submitted a huge application, and to our benefit only 2 complaints. We are doing pretty well if only two issues are at stake.
These issues can be resolved with money, pay off and be done with it. If a billion dollars are at stake a house purchase with back taxes on it is not so bad. Todd Hennis issue is a bit more personal .. But seems to be vindictive sour.
This will all work out..just have to shake the bugs out. I think a lot of people are behind this, and want to see this go forward.
Let's just be thankful there isn't 300 people with protest signs blocking semi trucks and front loaders.
Let's all remember why we are here.. Because we believe this company have huge value, and is extremely under valued. Huge financial potential.. Others see it and know it. Let's watch it all play out and have some faith. colo gild has gotten is this far.. They're not stopping now..
I'm such a dumb a$$, I misspelled Canne film fest.. Haha.. I was so excited I spelled it Caan.. Anyhow.. It's French..it doesn't matter Hahah jk. Actually france kicks arse.. Super fun over there..
Seriously if this makes the cut at Canne, and also gets accepted at other festivals like tri-becca, Toronto, and Berlin and even the Asian market.. You might as well start looking for a set of luggage for all those vacations y'all will be taking after this stock jumps up.. This will be a 50-100 bagger eventually.. It may take a while.. But with festivals, facebook's, Hulu, etc this is going to get so much exposure with a short period of time.. Anyone NOT investing in this company is a we-tar-did.
I'm selling all my crap around the house and going all in. Whether or not the FDA approves it or not, this company has a WORLD wide market.. This stock is not going to stay in the pennies much longer..
I am ecstatic about this.. Shat.. I need a bib cause I'm drooling so much.. Hahahaa I'm so stoked ..
And the pros say don't get emotional..stick to your plan.. Ahhhh ok.. Here it is.. Accumulate as many shares as possible before the price increases.. Hold, wait for upticks, sell on dips, buy back in .. Hold.. Wait for news.. Repeat ..
Something like that.
I think that everyone on this board e mailed a friend , facebooked, and mentioned the movie and stock symbol.. Together.. News will spread to non investors, and people looking for the next big thing..(because this is it.). This stocks going to go to a few dollars (IMHO) in the not so distant future..
The movie has to make the rounds, the biopsies have to be complete, the trend needs to grow,
And the stigma (surrounding pot) needs to be lifted.. And this will be one of those great stock stories.. Going from .04-(where I got in) to several dollars (2 years).
The worlds changing extremely rapidly... People are waking up..people no longer trust governments, the systems, the schools or the authorities. This is the time of the free peoples of the world to take hold and decide what's good for themselves..
Ok I'm ranting.. Hahaha peace out y'all.
If this is going to premier at Caan film fest- I'm going all in. I used to be involved deep in the film biz. Biz side of things. And what is most important to getting into Caan is the opportunity for global distribution rights. Domestic can be great but there are so many markets for this doc. That it will have a global appeal. Not to mention- so many Hollywood movers and shakers smoke pot.. So ita only natural they would all be interested in this sort of thing. And peeps in those film markets have deep deeeeep pockets.
I'm going all in for sure now. This doc will soon be in many languages and the doc alone is going to pull in a few hundred grand to a couple mill after the sell to market.
This is seriously genius on CBIS's part. This stocks going wayyyy up. Sooo stoked I bought in at .04
:)
CGFIA getting some love..
http://www.livetradingnews.com/whats-hot-cgfia-rby-gold-gbgi-38344.htm
Ops... Hahah I didn't finish my post.
Watch this report from SGTBULL007 from YouTube. South Carolina treasury finds gold & silver price manipulation.
Check out this video on YouTube:
Silver & Gold price manipulation I'm south Carolina state treasury
Oh yeah I forgot this little tid-bit.... S. Africa & BRIC nation are going to be ditching the USD.
Check out the GATA site or the link below. Just another reason to own physical gold / silver and CGFIA. Gooooooooooo CGFIA.
http://www.gata.org/node/11174
IMHO
I'm not expecting the Mill Approval news to make the Share price go up..
What I'm waiting on is after all the i's are dotted and t's are crossed, and they are in full production, AND a buy out happens, OR they merge or uplist.. (I actually don't know what I'm talking about when it comes to all this technical stuff), but what I do know is this- CGFIA is in a historical mining district, in one of the greatest silver producing land mass in the world. I also know that the federal reserve is printing trillions. ( this act will result in hyper inflation the world has never ever seen!
In addition to this- majority of investors are still listening to csnbc for their trading advice. (which tells me the USA still has it's head in the sand).
However there is going to be a monumental shift taking place (although I'm not a believer in 2012 Mayan crap) alot of people are including the media-. Which will play up this event. Also pray on peoples fears. They've been at it on the discovery channel for years.. Ramping up the fears. Fear = uncertainty. Uncertainty = unstable markets. Unstable markets = volatility
Volatility = scares Joe investor off.. People will soon run to gold & silver.
This is why I am waiting for later this year for new highs in gold/ silver and all the i's and t's from CGFIA.
Gold will continue to go up.. Including the value of CGFIA.. If you think 1.30 will be the high..you better check out the fibanocci sequence of gold going into 2013/14. And then think about where CGFIA will be.
Folks we haven't seen anything yet.
When smith & wesson has to halt their gun making just to fill existing orders.. You better believe there is fear out there.. Get ready to profit from the hyped kaos and uncertainty.
Majority of people (including myself) do not fully understand gold & silver or jr. Mining stocks.. But those with million and hundred million hedge funds do. And when the time is right they will flood in and all of us who are long CGFIA will be laughing all the way to silverton for the meet and greet, cheersing our grog and singling Irish folk songs about grog and gold.
Just my little rant.. Good night everyone.. Keep the faith.
Shy-
I guess I stand corrected. I shouldn't assume anything. Because anything is possible. But I have faith that everything will work out.
It is of my opinion that Hennis is legally protecting himself by filing. So in the future if things go wrong he would have a case and could take legal action and have docs to prove it. But I am also of the opinion that CGFIA would not go though all this bs to drop the ball at this stage.
There is money in those hills and both parties know it, and want it. Keep supporting CGFIA. Just because Hennis complains and wants the facts doesn't mean he's out to get them, he just wants to keep them honest and in check. As we all do. He doesn't want some fly by night op wrecking his property. ESP when gold is going to be on the upside in the very near future.
Those are my two and a half cents.
If I may pose a senecio for you all. Think about the big, big picture for a moment. Everyone is talking about share price.. When most traders know that the share price doesn't always reflect the companies true value or worth.
So let's look at it from this angle-
United states is financially and morally bankrupt. And if you follow alternative news, you already know the USA is on a downward spiral. Everything as we know it is going to be worthless, money (Fiat USD) is worthless, and banksters are robbing the masses blind, so
E bankster are bailing out, political pundents are scrambling to protect themselves, so soon businesses will not be able to borrow on credit at all. Gold and silver will take center stage, along with oil and natural curing health remedies. (ie hemp, cannabis etc)
The drug companies and gov will fight it. Until they realize it is much much more profitable and sustainable.
The few commodities and cannabis will be the only things that save the economies.
We will look back decades from now, and read in the iPad history books that hemp and cannabis saved the American economy.
So with that said, this stock price will go watt wayyyy up in terms of VALUE. In what ever currency it's traded In. We are just at the beginning stages of all this .. Hold on to your seats.. Because this is going to be one wild ride.. CBIS will be big..
Remember: big pharma CEOs are all criminals. True criminals, who have killed people, made them sicker, and profited greatly from it... people world wide are starting to wake up..
Keep the faith...
"Obama-nation" which is an abomination to all countries world wide. All mines, gold, silver and other metals are subject to confiscation through UN regulations. Via the LOST treaty. Land ocean sea treaty. Which stats that the UN has the global authority to take or shut down , close or confiscate all rivers streams harbors lakes ports, also believe it or not the UN owns all national parks. (google it),
And since Obama and sec of defense pennetta are saying they are or will work with the collective agree ment with the UN, Obama will or can take mineral rights. Away from us. Or private property under the new executive order. Also loom up Obama executive orders.
This can or will impact the mining industry world wide. Also investment world wide.
Lobbiest making a fortune off the "war on drugs" article link below.
http://www.infowars.com/exposed-lobbyist-who-helped-kill-california-pot-legalization-ballot-measure-is-getting-rich-off-drug-war/print/
Yes I agree with you bob.
Also Canadian gold will follow suit- , then mexico redources-
once they merge the Canadian/ USA / Mexico north American union.
Watch out for the next move to be a merging of nations mex, us, can.
On the flip side-
I hear Columbia had massive deposits of gold. I was there 2 summers ago. Super beautiful country.. Amazingly nice people and I felt safe there.
Also- very cheap to live.
@bobhwog
I was thinking the same thing. This sucks balls! Damn CEO of the USA is causing everyone to go broke.. Even those who are trying to dodge this entire new world order.
Goooo CGFIA fast... My long position just changed to short term profit (if possible).
Not sure if this was already posted but just I'm case- 100 million in funding.
http://www.sacbee.com/2012/03/14/4336067/green-asset-international-inc.html#storylink=cpy
I personally take two table spoons of hemp seed oil. And it helps tremendously with my eczema. I do not smoke Mj, and have never smoked in my life. And no longer drink but did during my 20's. I am a firm believer in hemp oils. Amd thanks to the poster who posted the video, i have a new interest in making the help oil myself. many things have natural healing properties. For example- the PawPaw fruit heals cancer 10,000 x's more then radiation,( YouTube paw paw for health) and in the 70's a believe it was Baxter pharma that tried to patent the healing property genes, but couldn't , they suppressed the results of the PawPaw, and gave it a bad rap.
So keep spearing the word of natural remedies, like the paw paw fruit and hemp oils. (CBIS) Whether your make a financial gain or not.
10 out of 10 people die in this world.. But not all 10 have to suffer slow deaths or have cancer.
I'm Going for the hail Mary long bomb holding strategy... Goooooooo CBIS.
Have a blessed day.
@chartwise
Not bashing- just curious, what are your thoughts on gold going to 1400, and why?
Also- a recent kitco interview named "at the bar", by Danielle Combone, Brent Cook (exploration insights, ) and Mickey Flup (mercenary geologists).
One said he believed gold was going to flatten out during 2012-
Which I found interesting, I too think if gold's around mid 1600's it could drop to a low of 1400 sometime during the year. ESP, if the euro cracks, many large investors will flee to the USD, hence gold's price dropping. BUT then the USD will then have it's own issues and that's when gold will have it's run upward. (as long as the large banks stop dumping the paper short positions on the market)..
Are we talking about the same company here? I'm asking about Currie Rose drilling in Tanzania..