SLOW MONEY IS FASHO MONEY, FAST MONEY IS WONT LAST MONEY
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what is ORION'S FAVORITE OIL PLAY??!! IM LOOKIN FOR SOME OIL! WHAT ARE WE PLAYING HERE?
deodorant with silver ion technology
LMAO
hmm interesting... hedging silver with proofs. what kind?
Imo there is a big difference between a bubble and being overbought. Far from a bubble. Hardly anyone even has a clue about investing in physical silver.
Watch this vid. Pretty interesting silver info
so how much silver is in a 40% kennedy?
coinflation says .1479 troy oz
http://www.coinflation.com/coins/silver_calc.php
providenmetals.com says .295 troy oz
http://www.providentmetals.com/1-face-value-40-silver-us-kennedy-half-dollars-1965-1970.html
who is correct?
im with you on that. been in since the mid 3s. im not budgin'.
http://www.fool.com/investing/general/2011/01/21/rising-star-buy-rubicon-minerals.aspx
Rising Star Buy: Rubicon Minerals
By Andrew Sullivan, CFA | More Articles
January 21, 2011 | Comments (0)
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On Monday, I'll buy $1,000 (about 6% of my first-year capital) worth of Rubicon Minerals (AMEX: RBY). With a tremendous gold deposit in the very prolific Red Lake, Canada, mining zone, this company's undervalued based on its peers and recent takeover transactions in the gold space.
A proven winner
Since I first recommended this company in a special report in July 2010, the stock has risen almost 60%. I liked Rubicon because it had discovered a very high-grade gold deposit in Red Lake; it had a successful gold investor named Rob McEwen on board with a 21% ownership stake; and by the end of 2010, it would announce the initial estimate of the size of its gold resources – a potential catalyst.
Since then, a few things have changed. In September, McEwen sold his stake to concentrate on other ventures. But any concerns about his departure soon proved unfounded; in November, Rubicon announced a 4 million-ounce gold resource, at the top end of the 2 million-4 million ounces I estimated the market would expect. This alone puts Rubicon in the big leagues, because only 7% of the world's gold deposits contain 3 million ounces or more. But Rubicon also dropped a bombshell when it said that total potential ounces at this gold system could reach 13 million-16 million ounces. This would make the deposit (named Phoenix) absolutely world-class – and Rubicon very cheap.
The market loved the news, and the stock jumped 36% in one day. Since then, it has retreated 15%, giving us a nice opportunity to open a position. Although the stock trades much higher than when I found it, the uncertainty over the size of the gold deposit is cleared up, and the opportunity could be immense. But there's more: Rubicon controls 100 square miles around the Phoenix project, as well as promising land in Alaska and Nevada. All told, despite the price rise, this stock is still cheap, with bags of upside potential.
How cheap, exactly?
Investors generally evaluate gold assets via their price per gold ounce. At $5.35 per share, Rubicon's $1.1 billion market capitalization, divided by its gold resources of 4 million ounces, equals $275 per gold ounce in the ground. I have excluded cash holdings, because they will go to mine construction and exploration. Still, having infrastructure already in place will lower the cost of building a mine. All told, with gold trading at $1,350 per ounce, this figure looks compelling on its own.
But it's even more compelling based on peer and transaction values. Another Canadian firm, Lake Shore Gold (PINK: LSGGF) has 2.5 million ounces of gold resources and is valued at $1.5 billion, or $600 per ounce. San Gold (PINK: SGRCF), with 2.6 million ounces, sells for $960 million, or $370 per ounce.
The kicker? Rubicon's average gold grade is 20 grams per tonne, more than double that of either other company, which makes its gold more profitable to mine.
Finally, there are recent transactions in the gold world. The average enterprise value per ounce of five transactions from 2008 to 2010 was $462, well above where Rubicon trades now. And if Rubicon truly does have 13-16 million ounces of gold in the ground, it trades for just $75 per ounce at the midpoint of that range.
Upcoming catalysts
Rubicon is on the fast track to open a mine on the Phoenix deposit. It is working on a preliminary economic assessment that will delineate costs, activities, and permitting needed to construct a mine. It plans first production by the fourth quarter of 2012 -- an ambitious schedule, but one that should increase the stock's value as it transforms from an explorer to a producer.
Risks
Shares in exploration companies often decline in the years between a discovery and mine construction, as investors lose patience and the company issues stock to pay for the new mine. Rubicon has an excellent cash position of $86 million as of September, but it might need to raise more funds from the capital markets, which could result in dilution. And clearly, a collapse in the price of gold or other mining difficulties would lower the company's value.
Foolish bottom line
Rubicon Minerals' past success is just the beginning. As it enters into production and the size of its large deposits is further delineated, the market will take notice. There is also plenty of upside potential from potential new finds in its large Red Lake holdings and other properties. Finally, it is a prime acquisition candidate, and buyout premiums in a rising gold market could be substantial. All those strengths make Rubicon a wonderful way to gain exposure and leverage to gold.
THoughts on thia vid anyone?
BLTI +98%
Can someone educate me about "bank holidays" and silver confiscation if stored in a deposit box. Tia
He responded that he wasnt going to sell it and that he was going to pass it on to his granddaughter. He said the price of silver will just keep going up and up. Smart man!
Im watchin storage wars and the guy just paid About $400 for a storage locker and bubbled up a gang of silver. Over 400 silver quarters,, hella proofs, kenny halves and several ounces of silver bully, even a one pound eagle. Over $4000 appraisal value. Wow.
this guy has a good deal. he got 4 lots of 3 (1) oz rounds left OTD is about $32/round
i bought 1 lot, not a bad deal imo
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=350432870010&ssPageName=STRK:MEWAX:IT
any one have a link to Ebay's Silver Bullion Price List? tia
sup HL,
so will buying 92.5 sterling be as good as having 90% junk silver (64 kennys, merc dimes etc)
does anybody here use a point and figure chart?? will you do the honors and explain the basics and what to pay attention to?
Were u charged tax?
Hey guys what do you all think of having 1 gram silver bully in the collection. Wow the prices these guys sell a lot of 4-5 1 gram bars is ridiculous on ebay. Thoughts?
650 year silver chart
http://goldinfo.net/silver600.html
Of course no prob
Excellent HL thanks for sharing your thoughts on that
Bpop golden cross forming
BOOOOOOOOOOOOM!
Hey guys, any tips/tecniques with buying silver on ebay, things to watch out for based on your experience/hindsight? Thanks everyone.
So what happened with your ebay purchase?
NEI 9.8%
In Re: to Sprott Silver SPLV
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58629967
Are pre 1964 quarters at $4 each a cool deal?
so basically, these are legit silver rounds?
do bids for 1oz .999 silver rounds always start off this low?
http://shop.ebay.com/i.html?_kw=1oz%20rounds&_fcid=1&_jgr=1&_localstpos=94591&_sc=1&_sop=15&_stpos=94591&gbr=1
I don't like playing pharmas cuz I don't understand their PRs and all the complicated verbiage. Even if tha charts are lookin good I just stay away from them. Maybe ask Sheff? He's good with the pharmas
way to keep it real EZ, i dig that. shit happenz, you'll blow up again, you always do
some silver TA
what program is this guy using?
yea man, today was a real *yawner*. nothin traded in the first hour and a half or so. oh well. gotta get it when no one wants it. i like this joint alot. i know folks out in ASIA go nuts over slot machines. i can speak, cuz im filipino =P lol
i have. i was watching some guy on youtube doin tech analysis on silver and he was running a 15 min chart. i guess i cant do it on stockcharts.com
thanks waters, i was just checking out both those charts. i actually like PSLV, waiting for a possible entry to trade it so i can convert some digital prof into physical prof. im thinking we see some support at about 27.70s -28s. hopefully it doesnt get nasty and test that 200 in the 21.40s. wow that would be effin dreamy. i'll really get a chance to get caught up if we touch the low to mid 20s. let this fiat have its fun for the time being i guess, it'll give me an opp to trade some charts. IMO
$SILVER - Daily Candlesticks
$USD - Daily Candlesticks
hey guys, i have a sub with stockcharts.com , and i can only see the $silver chart on a daily or monthly view. how can i view the silver chart on a 15 min. any ideas anyone?