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Right on! GROW CNEX! We're going to be gold junkie RICH!
True, no JVX IP survey yet, but he might announce something about the mining filing. You probably saw Stock Gamer's post, copied below:
****************************************************************
Interesting that Edwin is going to talk on Stockgoodies radio on October 28. CNEX has an initial June 14 filing at the Ontario Ministry of Mines. It looks like Ontario Ministry of Mines is refers to consecutive days after filing:
http://www.mndmf.gov.on.ca/mines/lands/policies/unpatented_mining_claims/uc701-9_e.asp
Note that October 27 is the 90 + 45 consecutive days from the 90 days (initial assessment work) plus 45 days (revised work report) from Jun 14, 2010. Edwin is going to talk on stockgoodies radio on October 28...
That is great--that he contacted them to do the show! He wants to tell us all something great!!!! Go CNEX!!! He wants to announce all the gold they have found and will find!
Great! Can't wait to hear it, and our board's analysis afterwards!
3hpz28-----Thank you very much for the person mark! I tried to reply directly to you, but I don't have PMs, and can't find your older posts, to reply to. I hope you can see this message! I will keep sharing with you!
Yes, transparency finally! I look forward to the radio show and to our board's analysis of it, too.
Thanks for your thoughts on the PPS after the radio announcements! I hope he will say something good causing PPS to go up. Or, at least he might justify the dilution he's been doing, by saying he's spending the Money on X Y Z! Go CNEX!
Jim--What do you think will happen to the CNEX share price the day after the radio interview? Any thoughts on this? Have a great weekend!
I also have a short article on gold investments, from Fidelity Investments, to share with you, below!
***************************************************************
Gold and the dollar-devalution play
The U.S. government is spending more money than it is generating. I believe that's unsustainable, and probably bad for our currency, and therefore relatively good for gold. I still think that gold will probably appreciate if governments around the world don’t control their budgets. But there are some other reasons to consider owning gold: supply is declining, demand from consumers in the emerging markets is growing, central bank demand is up, and it's harder and harder to find gold.
If the dollar does weaken further, exporting companies will have an advantage, and global blue chips that make money in foreign currencies could also benefit, as those profits will convert into more dollars.
Sounds good to me---no more hints, and a great PR coming soon, too!
I think this shows Edwin wants to communicate something good about CNEX!
It is hard to hint on a public radio show, so indeed, let's hope for some transparency and some good news / good PR on the 28th! Great find!
That is wonderful news that Edwin will be speaking at StockGoodies.com! Great find, sharky!
I found this piece at Fidelity's web site today, and thought the board might be interested:
***************************************************************
Gold and the dollar-devalution play
The U.S. government is spending more money than it is generating. I believe that's unsustainable, and probably bad for our currency, and therefore relatively good for gold. I still think that gold will probably appreciate if governments around the world don’t control their budgets. But there are some other reasons to consider owning gold: supply is declining, demand from consumers in the emerging markets is growing, central bank demand is up, and it's harder and harder to find gold.
If the dollar does weaken further, exporting companies will have an advantage, and global blue chips that make money in foreign currencies could also benefit, as those profits will convert into more dollars.
You have a great weekend too! Yes, it will be fun to meet when we strike it rich! Go CNEX!
A 'gold reunion' sounds great, after we've all struck it rich!
Thank you, Candice, for your hard work and for talking with Karen at length today! We appreciate you!
-Amy / BSNB
Great news on third quarter report on Nov. 5th! Blast Off!!! Thanks!! Go CNEX!!
Thank you! I think it is nice having another female on here too! Yes, you are definitely helping us on our journey down the gold brick road!! : )
Carnac--
Thanks much for speaking to Karen twice a week, and for finding out our CNEX IP survey has not yet begun, but that it is not far away from happenning, together with JVX! Great news!
-BSNB / Amy
Candice----I am so glad you enjoyed the article on the markets! My pleasure.
LET'S ALL GROW CNEX, as you say!
Candice--Here is an article I just found on the pace of the market recovery, which may affect CNEX's progress too. I hope you find this informative! BSNB
*************************************************************
Market recoveries, then and now
Recovery off to a slow start — but it’s just the start
Oct 2010
Appearing in this video Watch (5:03) Recovery off to a slow start — but it’s just the start
Craig Strauser: Hello. I’m Craig Strauser. Welcome to this edition of American Funds Perspectives. In this program, you’ll hear the latest insights from veteran portfolio counselors Tim Armour and Jim Dunton. When my colleague Will McKenna sat down with Tim and Jim to talk about market recoveries, the topics ranged from company fundamentals and investment opportunities today to presidential cycles and the tendency of investors to gaze into the rearview mirror when calculating their next move.
To start things off, Will asked Jim and Tim to assess the current recovery.
Will McKenna: Let’s start by talking about the current investment environment. Jim, you’ve invested through a number of full market cycles in your more than 40 years in the business. How would you characterize where we are at this stage of the recovery, and where do you see us going from here?
Jim Dunton: There’s a large body of economic evidence on a worldwide basis that any kind of recession that emanated from a financial crisis [like the one] that we’ve just gone through was going to evolve into a deeper recession than any that we would typically experience; there would be a longer recession than any that you typically experience, and, what’s more, the recovery itself would be much slower than normal. Well, that’s exactly what we’re going through. We now are one year into the recovery, and it’s been very slow — like 3% real GDP.
But it’s also important to bear in mind that it is underway. And once recoveries get started, they typically go a long time. The last cycles were seven years, 10 years, nine years; the one before that, eight. The typical cycle is seven to 10 years long, not one year long. So, one year into the recovery — which is where we are now — is not exactly the time to get overly concerned that the recovery has ended. We, in fact, just started.
But I think if you look also at the details, you would feel comforted by the fact that employment is, in fact, gaining ground; it has been all year. The number of hours that are worked is increasing. The number of people employed is increasing. And, importantly, the temporary workers are probably up sixfold from what they normally are in a recovery, which means that a lot of companies are hiring temporary people until they find out what the full status of the current economic programs are.
We’re through, I think, the worst of the recession, and we’re in a recovery mode, which I believe, from my point of view, is going to go on for the next eight or 10 years. So, I think we are slowly gaining ground — slowly gaining ground — but gaining ground nonetheless.
And it’s important that you recognize that what the end of the cycle looks like is more inflation [and] higher interest rates; that’s the typical end of a cycle many years from now. But it does suggest that between here and there are rising corporate profits, rising inflation, rising interest rates and probably a very healthy stock market over that period.
Tim Armour: The overarching issue, I really think — as with any recovery — is that it will be an up-and-down process. There’ll be bits of information or bits of data that come out that are either positive or data that appears that we’re either slowing down again or retrenching, which looks negative. I think one really has to keep an eye on the long run and see what’s happening with corporations, what’s happening with consumers. In the U.S., there’s been a reliquification on the consumer end of things. Consumers went into this period pretty indebted. The savings rate is up a lot in short order, and consumer spending — although not strong by any definition — certainly has maintained a reasonable level.
At some point here, we need to see employment growth in the U.S. pick up and consumers return to spending at a somewhat higher rate if we’re going to really see GDP growth here in the U.S. be stronger. But my expectation is that will happen ultimately; it’s more a question of time. And looking at past cycles, you can find any experience along that spectrum of either a more rapid recovery or a slower one. Having lived through some of these in the past, I think, makes us more comfortable that, really, the way to invest in this kind of period is identify the best companies out there, with good fundamentals, and don’t worry so much about the economic backdrop.
Next »
Hi Candice! Yes, Trapper Jim works hard in his day job, and also doing lots of DD on this CNEX board. He's the best!
Maybe he will have a truck load of GOLD sometime soon, as we've definitely got the "goods" with this CNEX mine! It will take patience, however, and us all remembering what we have in the ground, and all the several Claims we have, for people not to get discouraged and drop out, though. Good luck to all!
Best wishes, BSNB / Amy
You are working very hard, hauling 3 loads of blacktop and paving 4 driveways! At least it is probably cool weather there, and not too hot out for working outside.
Go CNEX!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Cisckid---I apreciate your posts and the virtue of patience! I have an article on the pace of the market recovery that I wanted to share with you and everyone.
Thanks, BSNB
***************************************************************
Market recoveries, then and now
Recovery off to a slow start — but it’s just the start
Oct 2010
Appearing in this video Watch (5:03) Recovery off to a slow start — but it’s just the start
Craig Strauser: Hello. I’m Craig Strauser. Welcome to this edition of American Funds Perspectives. In this program, you’ll hear the latest insights from veteran portfolio counselors Tim Armour and Jim Dunton. When my colleague Will McKenna sat down with Tim and Jim to talk about market recoveries, the topics ranged from company fundamentals and investment opportunities today to presidential cycles and the tendency of investors to gaze into the rearview mirror when calculating their next move.
To start things off, Will asked Jim and Tim to assess the current recovery.
Will McKenna: Let’s start by talking about the current investment environment. Jim, you’ve invested through a number of full market cycles in your more than 40 years in the business. How would you characterize where we are at this stage of the recovery, and where do you see us going from here?
Jim Dunton: There’s a large body of economic evidence on a worldwide basis that any kind of recession that emanated from a financial crisis [like the one] that we’ve just gone through was going to evolve into a deeper recession than any that we would typically experience; there would be a longer recession than any that you typically experience, and, what’s more, the recovery itself would be much slower than normal. Well, that’s exactly what we’re going through. We now are one year into the recovery, and it’s been very slow — like 3% real GDP.
But it’s also important to bear in mind that it is underway. And once recoveries get started, they typically go a long time. The last cycles were seven years, 10 years, nine years; the one before that, eight. The typical cycle is seven to 10 years long, not one year long. So, one year into the recovery — which is where we are now — is not exactly the time to get overly concerned that the recovery has ended. We, in fact, just started.
But I think if you look also at the details, you would feel comforted by the fact that employment is, in fact, gaining ground; it has been all year. The number of hours that are worked is increasing. The number of people employed is increasing. And, importantly, the temporary workers are probably up sixfold from what they normally are in a recovery, which means that a lot of companies are hiring temporary people until they find out what the full status of the current economic programs are.
We’re through, I think, the worst of the recession, and we’re in a recovery mode, which I believe, from my point of view, is going to go on for the next eight or 10 years. So, I think we are slowly gaining ground — slowly gaining ground — but gaining ground nonetheless.
And it’s important that you recognize that what the end of the cycle looks like is more inflation [and] higher interest rates; that’s the typical end of a cycle many years from now. But it does suggest that between here and there are rising corporate profits, rising inflation, rising interest rates and probably a very healthy stock market over that period.
Tim Armour: The overarching issue, I really think — as with any recovery — is that it will be an up-and-down process. There’ll be bits of information or bits of data that come out that are either positive or data that appears that we’re either slowing down again or retrenching, which looks negative. I think one really has to keep an eye on the long run and see what’s happening with corporations, what’s happening with consumers. In the U.S., there’s been a reliquification on the consumer end of things. Consumers went into this period pretty indebted. The savings rate is up a lot in short order, and consumer spending — although not strong by any definition — certainly has maintained a reasonable level.
At some point here, we need to see employment growth in the U.S. pick up and consumers return to spending at a somewhat higher rate if we’re going to really see GDP growth here in the U.S. be stronger. But my expectation is that will happen ultimately; it’s more a question of time. And looking at past cycles, you can find any experience along that spectrum of either a more rapid recovery or a slower one. Having lived through some of these in the past, I think, makes us more comfortable that, really, the way to invest in this kind of period is identify the best companies out there, with good fundamentals, and don’t worry so much about the economic backdrop.
Next »
Hi Trapper! Hope your work is going well today. Any more CNEX news on the 90 day report we're due to get soon? Stay in touch---
I am running some DNA PCR reactions today! It's Fun!
-BSNB/ Amy
Welcome Double Down! I think you'll like this board---lots of great DD, and friendly folks!
I have tried to get my extended family involved in CNEX, but they are leary of penny stocks in general. Maybe they have been burned before...?
Thanks for your nice post, Candice. Yes, we are all blessed to be on this board, and able to share research and insights with each other. I have benefitted so much from others' posts on: gold in general and where it's headed, mining news, official reports, maps, amounts of gold we have, geology and geography of the CNEX area----it's all good!
It's also nice to have another female on the board, besides me! Keep up your great posts!
It WAS A VERY NICE close! It is cool here in Saint Louis. Glad it is nice in Columbus. I ordered some lab supplies today---getting set up for our experiments! Have a great evening! Go CNEX!!
Good luck with your exhaust tail pipe. Hope your day is going well. Thanks so much for checking on that 90 day requirement/ report! You're the best! Go CNEX!
Thanks for your reply, Carnac. Let's hope we can get back to some sanity in the cyclical markets, with something fundamental, like gold, driving them and not any more derivatives or dot coms! Thanks for your analysis.
Carnac--- Please let me know what you think about this article on the third, potentially explosive phase for gold. Thanks! -BSNB
October 15, 2010
With gold hitting new all-time highs, in his latest commentary, the Godfather of newsletter writers Richard Russell stated, “The negative comments about gold will only serve to make the gold bull market that much stronger. In this business, there is nothing more powerful than a primary bull market that has been denigrated, spat at, and held back for years.”
“I learned from George Schaefer that big bull markets almost always end with a speculative explosion. We had not seen that kind of action in the bull market that started in June, 1949. I was convinced that a speculative third phase of the bull market lay somewhere ahead. For that reason I was convinced that the bull market was not over.”
“Today I am taking the same stand regarding the gold bull market. The gold bull market will not end with a fizzle and a whimper. It will end with intense speculation and widespread interest from the funds and the public. We haven't seen that kind of activity yet, but I'm convinced that a period of wild speculation in gold lies somewhere ahead.”
“This is why I continue to beg my subscribers to load up with gold. As I see it, we are nearing a period of intense speculation that will be beyond anything seen before by the last three generations of Americans. Ironically, more money (will be) made in the final explosion in gold than was made during the first two phases combined.”“Great bull market are seen maybe once or twice in a lifetime. The current "stealth" gold bull market has sneaked up on most Americans. The very phrase, "gold bull market" is sneered at by most analysts today. In fact, most of the comments on gold today come in the form of warnings; "Gold is too high." "Gold is in a bubble." "Gold will sink back below 1000." "Gold is a fool's play."
“Nonsense. Gold is moving ever-closer to it's climactic speculative third phase. The negative comments about gold will only serve to make the gold bull market that much stronger. In this business, there is nothing more powerful than a primary bull market that has been denigrated, spat at, and held back for years.”
As long as we continue to have the mainstream media negative on gold, it will keep adding fuel to this bull market.
Eric King
KingWorldNews.com
Midas tonight:
*More and more players are able to understand the reasons for much higher gold and silver prices. An easy way for them to appreciate what is coming is to realize both are VERY underpriced, thanks to The Gold Cartel. A number on Planet Wall Street keep saying gold ought to be $2300 to $2500 an ounce if it had kept up with inflation. GATA knows why gold is not there yet.
As The Gold Cartel continues to lose the battle in the gold and silver physical markets, that is where the price of gold is headed. You can feel the investment world coming our way (better late to the party than never) and seriously believing in those types of gold numbers.
Last time I looked, CNEX is in a safe geopolitical country.
posted on Oct 15
http://www.reuters.com/article/idAFN1427986320101014?pageNumber=1
Drug gangs threaten Mexican mining industry
* Increased cases of robberies, kidnappings and killings
* Drug gangs mining iron ore and selling it for export
* Miners getting hooked on drugs
That's great you are learning new computer skills, and having a ball! Great you can do side jobs too, in addition to the regular job. Hope the tree work goes great this afternoon.
I am still liking my work. It is a lot of standing up and walking from room (lab) to room (lab), and consequently I have lost 3.4 lbs. in the last week! So, that is an added benefit, of keeping fit, while working! Gary and I share the cooking and cleaning up responsibilities, so we make a good team!
I hope you liked my article from last night, on the "3rd gold wave", it's coming soon!
I hope you are having a good Sunday! I also hope you liked my article I sent last nite, on the 3rd 'gold wave' we'll be experiencing!
Here is an article on the third, potentially explosive phase of gold. It is from another board:
sprattnikie Share Friday, October 15, 2010 7:03:10 PM
Re: None Post # of 22582
The following is from an interview with another JPM CEO. It could just as easily have been with SFMI:
Question: What is the most important thing you learned from getting this into production that you could translate to newer projects?
Answer: The biggest thing now for us… because of the production… is that we are financially independent, in the sense that now I don’t have to rely on outside funding to pay for the cost to do new things, explore new areas, do some acquisitions. All that right now I can consider; whereas before I would have to do some financing; right now we are not planning to do any short-term financing. ( In fact, we will be buying back our shares in the not-too-distant future.)
October 15, 2010
With gold hitting new all-time highs, in his latest commentary, the Godfather of newsletter writers Richard Russell stated, “The negative comments about gold will only serve to make the gold bull market that much stronger. In this business, there is nothing more powerful than a primary bull market that has been denigrated, spat at, and held back for years.”
“I learned from George Schaefer that big bull markets almost always end with a speculative explosion. We had not seen that kind of action in the bull market that started in June, 1949. I was convinced that a speculative third phase of the bull market lay somewhere ahead. For that reason I was convinced that the bull market was not over.”
“Today I am taking the same stand regarding the gold bull market. The gold bull market will not end with a fizzle and a whimper. It will end with intense speculation and widespread interest from the funds and the public. We haven't seen that kind of activity yet, but I'm convinced that a period of wild speculation in gold lies somewhere ahead.”
“This is why I continue to beg my subscribers to load up with gold. As I see it, we are nearing a period of intense speculation that will be beyond anything seen before by the last three generations of Americans. Ironically, more money (will be) made in the final explosion in gold than was made during the first two phases combined.”“Great bull market are seen maybe once or twice in a lifetime. The current "stealth" gold bull market has sneaked up on most Americans. The very phrase, "gold bull market" is sneered at by most analysts today. In fact, most of the comments on gold today come in the form of warnings; "Gold is too high." "Gold is in a bubble." "Gold will sink back below 1000." "Gold is a fool's play."
“Nonsense. Gold is moving ever-closer to it's climactic speculative third phase. The negative comments about gold will only serve to make the gold bull market that much stronger. In this business, there is nothing more powerful than a primary bull market that has been denigrated, spat at, and held back for years.”
As long as we continue to have the mainstream media negative on gold, it will keep adding fuel to this bull market.
Eric King
KingWorldNews.com
Midas tonight:
*More and more players are able to understand the reasons for much higher gold and silver prices. An easy way for them to appreciate what is coming is to realize both are VERY underpriced, thanks to The Gold Cartel. A number on Planet Wall Street keep saying gold ought to be $2300 to $2500 an ounce if it had kept up with inflation. GATA knows why gold is not there yet.
As The Gold Cartel continues to lose the battle in the gold and silver physical markets, that is where the price of gold is headed. You can feel the investment world coming our way (better late to the party than never) and seriously believing in those types of gold numbers.
Last time I looked, SFMI/ CNEX is in a safe geopolitical country.
posted on Oct 15
http://www.reuters.com/article/idAFN1427986320101014?pageNumber=1
Drug gangs threaten Mexican mining industry
* Increased cases of robberies, kidnappings and killings
* Drug gangs mining iron ore and selling it for export
* Miners getting hooked on drugs
Trapper--
Thanks so much for checking daily on the CNEX filing, which you said should be approved in 90 days (soon), workdays or total days, we don't know yet. We really appreciate all of your great work and reporting on the filing's contents, when you get that! Thank you for making so many mining-related calls, too!!
I certainly hope we don't have a R/S. I am not counting on that happenning. I don't think we're in danger of Edwin running away. He is committed to CNEX, as his own flesh and blood, IMO. Cheers.
I liked your post a lot! I have only e-mailed Karen 1X in the past 2 weeks, and now I am awaiting her reply. I have chosen my side-----VERY LONG CNEX!!
I am very glad she forwards our many e-mails to Edwin.
We may not be the biggest CNEX share holders, but we are perhaps some of the most loyal, holding on through thick and thin! I think he will be coming through with a PR for us before 1 more month has gone by.
I guess she can only tell us what Edwin tells her!
A recent CNEX post was a good one--it said we either believe in this stock or we don't, and us bugging Karen daily will probably not influence the stock price at all!
Yes, Edwin is sure heating things up with all of his BIG dilutions, his silence, the silence from Karen, etc....
We KNOW this is a diamond in the rough, however! Go CNEX! We HAVE the GOLD!
You're right, the market doesn't look as bad as we thought!
People on this board have been saying things today like "if you can't stand the heat, get out of the CNEX kitchen"!
You sure posted early this morning! I was wondering where you were--you must be working today. I am at work too, researching extraction protocols. Any new thoughts on CNEX?