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And yet -though I agree with you completely, ong, on the strike 1 assessment- 2 million dilution to pay for drilling and development would be more than acceptable, yes?
I understand completely. I'm trying to clear funds to buy tomorrow if the weakness continues. I mean, below .23 AURC passes "bargain" and becomes "a no-brainer." I want NDOL (sorry NDOL holders) to drop below .50 again.
I think you might be too greedy. You should have placed your order for 500 shares. Like that last one that filled. LOL
If what we see for World Spot Gold is the bottom of the correction, then Gold is indeed still strong. Likewise, it only demonstrates again that when mainstream media calls a bottom in advance of a bottom, you can be assured that the bottom has laready been determined to be much higher.
In other words, I like this morning's bounce in NY Gold since last week the NY traders led selling as the rest of the world continued to buy off of NY lows. This bodes very well for AURC later in the day if the rebound, even if temporary, holds into the NY market close.
Sometimes right: We don't need no stinkin' Ausie CNBC
to tell us where da bottom when we got Dr.Feelgood an' his "Au for Dummies"
Posted by: DrFeelgood
In reply to: None
Date:5/19/2006 11:46:12 AM
Post #of 10895
Fibonacci Retracement Au for dummies:
Run Au: ~570 - ~725 = 155 or ~150
Fib 1/3 (33%) = 50 or Fib Ret Au = 675
Fib 1/2 (50%) = 75 or Fib Ret Au = 650
Fib 2/3 (66%) = 100 or Fib Ret Au = 625
Already below Fib 33%
We are at Fib 50% (possible bottom) = Already bounce at Au 652
Should be Fib 66% (likely bottom) = Likely final bounce at Au 622
See how easy it is?
Is easee, no?
Yes!! Is very easee!
I'm going to say .10. Lovely spring day. Traders retire their money early for the week. Then +4c next week as we test recent highs. If we close at .11, then next week we run to .18 resistance.
Agree, I think we will close even, or slightly higher. But, when it comes to the market, I've been wrong, once, a long time ago (in dog time).
Fibonacci Retracement Broad Market for Dummies:
Now lets look at DJIA Fib Ret in long-term Bull market.
Run starts = ~10,700
Top = ~11.700
Run = ~1,000
Fib Ret 1/3 = 330 or DJIA ~11,370
Fib Ret 1/2 = 500 or DJIA ~11,200
Fib Ret 2/3 = 670 or DJIA ~11,030
Therefore support for long-term Bull market is 11,030, or slightly below as a psychological turning point.
Fibonacci Retracement Au for dummies:
Run Au: ~570 - ~725 = 155 or ~150
Fib 1/3 (33%) = 50 or Fib Ret Au = 675
Fib 1/2 (50%) = 75 or Fib Ret Au = 650
Fib 2/3 (66%) = 100 or Fib Ret Au = 625
Already below Fib 33%
We are at Fib 50% (possible bottom) = Already bounce at Au 652
Should be Fib 66% (likely bottom) = Likely final bounce at Au 622
Se how easy it is?
Agree, a dollar before results, dollars after results. And that will certainly put a smile on my face!!
Spot world gold is off $35 from 24 hour highs. I doubt we will see AURC price erosion due to gold correction, but we also will not see price increase without a PR in the pipe. That said, and knowing CEO has promised weekly updates, we may see an uptick late today, or tomorrow after the normal Friday day trader liquidation fire sale. meanwhile, enjoying the edex break out.
Looks like AURC shares a few of the same investors with EDEX. With that moving today and no more AURC news expected for the week, we may not confirm the bull indicator from yesterday until some of our own take profits from EDEX. Just an observation and MHO.
A penney a day to .61. Sounds good to me Lowman. EOM
"Free at last, free at last, thank God almighty we're free at last" of the constraints of sub-.08 pps. From here we test the recent highs of .15. This could happen very fast.
We have ignition and lift-off, and the STS-EDEX mission toward low orbit in preparation for a lunar fly-by has begun.
A stopped clock is right twice a day, and in the past week, I have exceeded those results.
Also, the bands are tightening and the RSI is turning back from 50. A white candle tomorrow... unless market negativism creeps in with its ugly head. But, I don't think so since we held well the entire day against very negative sentiments, including the panic selling that took all the indices to bottoms.
Interesting consolidation. Haven't seen five days in a row with the same exact high in a while. White spinning top followed by a yellow spinning top in an otherwise selling market. Hmmm.
Inverted white hammer after a series of black candles. Hmmm. What could that mean. Any candlestick people out there? Am I being koi?
Don't know about the other "strong hands," but I'm watching the rest of my portfolio. Just happen to have AURC in the middle of my watch board. Can't avoid seeing its hourly action. But since this is the AURC board I don't think it appropriate to comment on other positions, unles it relates somehow to AURC.
I'm not so sure that your post is OT. Seems appropriate considering AURC vast Russian reserves, with more possibly on the way. Actually, I like Russian investment more than the recent Chinese who paved the way for Commie to Capitalist conversion through reverse mergers. Saw some people get burned on a few of those. The Cultural Revolution of 1966-1976 does not seem to have purged the country of "Chinese business ethics."
Agree, and that would be with or without Spot AU leading the way. As long as the price stays above 600, or so.
I would, but my wife already gave me this week's trading allowance, and I spent it all already on NNVC and AURC.
I smell panic and a temporary flight to cash.
Maybe I spoke too soon.
In a current market where the broadest sectors are getting hammered, wouldn't it be great to finish today with a hammer? Oooh, very bullish to be white.
Amazing, but, I am entirely green today across my meager protfolio. Stupidly out of Blue Chips and Fortune's, but looking like a genius these last 60 minutes. LOL
Very quiet over here. Must be some 'cumulatin' goin' on. LOL. A wise choice, if so. LOL
Agree, 2c, we seem to be in the that phase of a long-term bullish trend where the movement of shares is from weaker to stronger hands. I would say that we are at, or toward, the end of that phase and should start very soon a slow rise toward a breakout from previous highs.
There are those who trade through the high priced brokers with 1-3% commissions on small cap orders. A 1.5 million share all or none has a high probability of getting filled at this point in the bullish cycle.
The whole market is getting hammered down huge. NY is taking Gold back down under 700, again. I'm surprised we are holding gains today.
LOL. I like your chart better, too, but the boys and girls were discussing valuation of 1.16 "by some Brazil company" and how they thought 3 to 4 was more like it. So, I thought that I would support their thesis.
Could this be AURC's chart within the next year?
Note how Pink Sheet the stock still is.
Thanks for the heads up, spammer.
In order for a lobbyist to take on a client, that client must first demonstrate a degree of reliability and a qualification for the congressional granting. The lobbyist cannot simply post a client and present to congressional commitees as such practice reduces the lobbyist's personal reliability. Doing such a thing puts the lobbyist at risk of not being granted review and eliminating from the priviledge of free individual access to men and women of congress. Since the reference posting is already almost 3 months old, the issue of NNVC has surely been presented and is now under review. The grant, if approved by committee, would then be attached as a rider to a bill that is already assured of passage. Again, that may well have already taken place, or is about to take place.
Simply acquiring a respected lobbyist, and if you look at the 10 clients listed they are respectable busineses and organizations, adds legitimacy to the company and demonstrates that there is something more than pie in the sky. In fact, it shows that NNVC has a product with applications in both the private sector and the public sector, as well as military considerations.
Here's the lobbyist and the gov link for congress.
http://clerk.house.gov/pd/houseID.html?reg_id=32697
2create, the point here is that the figures released today reinforce that consenses of $180 per ounce cost. Those are real data which give more solid footing to the estimates of the past. The dimensional descriptions in the PR of the two veins confirms that the cost of extraction is not prohibitive due to low densities. Quite the opposite, it would seem. Right back at ya.
We have a congresional lobbyist and we have a client house ID number. I believe that we also now have a government grant request in the pipe, for which our lobbiest has lobbied congress.
Client Name House ID
ASSOCIATION OF AIR MEDICAL SERVICES 32697013
CHSC SERVICES, INC 32697015
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA 32697007
MEDICAL SECURITY CARD COMPANY 32697017
MOBILE MEDICAL INTERNATIONAL CORPORATION, INC. 32697006
MOTION PICTURE LICENSING CORP 32697009
NANOVIRICIDES, INC. 32697020
SIMQUEST LLC 32697019
UNIVERSAL AMERICAN FINANCIAL CORP 32697018
WAUSAU BENEFITS, INC 32697011
Doing a little DD on costs of mining minerals. Seems a rough cost in North America can be estimated at $8 to $10 per metric ton of material. Considering the data given in tody's PR, I estimate the the need for romoval of 36mm metric tons for both veins 1 and 2. The total cost of removal comes to a number between $288mm and $360mm. The yield would be 1.9mm ounces of gold at $650 /ounce or $1.235bl.
Silver, then, is the bonus.
This results in a gold per once mining cost of between $151 and $189 before transportation and refining. I believe these numbers are in line with current cost numbers that prevented profitability when gold was under $400 per ounce.
Any feedback is appreciated since I am new to estimating based on such raw data. Nonetheless, it seems like we own shares in a gold mine type of gold mine.
RP for any takers: One thing the PR missed, and so did the grammar police, is the cost of extraction. Anyone have any numbers to estimate the cost of extraction for a complex geological structure or an errosive cut? I think that is what the market wants to see before the pps flies north. If a vein "ranges from 0.01 to 380.5 grams per ton and from 0.01 to 211.9 grams per ton of silver" over a "1,250 meters in length" what are the costs incurred for constructing infrastructure and the ongoing costs of operation? Anyone out there who can critic a PR beyond a few meaningless grammar errors?
How can the pps possibly drop on the current news?
One thing the PR missed, and so did the grammar police, is the cost of extraction. Anyone have any numbers to estimate the cost of extraction for a complex geological structure or an errosive cut? I think that is what the market wants to see before the pps flies north. If a vein "ranges from 0.01 to 380.5 grams per ton and from 0.01 to 211.9 grams per ton of silver" over a "1,250 meters in length" what are the costs incurred for constructing infrastructure and the ongoing costs of operation? Anyone out there who can critic a PR beyond a few meaningless grammar errors?
Thanks, Gold, I can be such a newbe, sometimes. Still, up $3 and $5 overall is not a bad thing.
Gold just gapped up $3 in New York. See for yourself.
This will be an interesting day. (understatement of the month)