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.
Yes Yuko, sorry you have to teach our bears how to find the honey ;)
Nice 1 Yuko
Chill out "mrush" JB did the ZTEM, he knows what he gave NAK, NAK doesn't know what we still have ;)
Yes Banks, sell your'e stock...... LOL, i'm a taker :)))
those that have, HAVE & are adding..! Those who want to sell, HAVE sold..! and are re-adding on their basher statements..! New $$$ coming with results. We wait ;)
Yes, maybe not my strong point, English is my 3 rd mother tongue. However i do know how to spell LBSR...........!
Very true indeed :)))
FatElvis, why don't you take your'e gitarre and go play some songs @ Super Chunk while those drills are turning (LOL)
Here are some ideas while we dig it up: PROMISED LAND, RAISED ON ROCK, RAGS TO RICHES, THERES GOLD IN THE MOUNTAINS, WHOLE LOTTA SHAKIN' GOIN' ON
and when then bonanza core comes out, you can sing VIVA LAS VEGAS (LOL) and then you will hopefully disappear for good..!
Patience is a vertue; and you have'nt go it :)))
Nice one Belg.........! LONG is the only way to go.........!
Just jelouse because they didn't buy @ .000 & .00 (LOL)
TOOOOOOOOOO, Big to "FAIL" .......!
We are in a different position with our Chunck (LBSR - TOO BIG TO FAIL..!)
B.C. rejects Pacific Booker's mine plan over salmon concerns
10/1/2012 6:43:38 PM | Stockhouse Editorial
The government’s environmental assessment of the project found the mine could affect sockeye salmon populations as well as water quality, a CP report says.
(The Canadian Press) VICTORIA — The British Columbia government has rejected plans for a copper and gold mine in the province’s northwest, saying the project could endanger salmon in the Skeena River.
Pacific Booker Minerals Inc. (TSX: V.BKM, Stock Forum) had proposed the mine at Morrison Lake, a 15-kilometre-long lake surrounded by Crown land near Smithers.
Trading at $14.95 on Monday, Pacific Booker has a market cap of $183.5 million, based on 12.3 million shares outstanding. The 52-week range is $15 and $7.10.
The lake is at the headwaters of the Skeena River, which produces the second-largest amount of sockeye salmon in B.C.
The government’s environmental assessment of the project found the mine could affect sockeye salmon populations as well as water quality in the lake, and the long-term environmental risks of the mine outweighed the potential benefits to the province.
Pacific Booker had planned to dig out 30,000 tonnes of copper and gold ore from the site each day over 21 years.
The nearby Babine Lake First Nation had earlier raised concerns about conservation of habitat and fish in the area if the mine was approved.
Nice one GEM, longs will have the last laugh..! Which lasts well into retirement ;)
Turn Big Chunk into a James Bond Tourist attraction..! "The greatest hole in the world" & it belongs to LBSR..!
The Swiss did that during the 1st & 2nd world wars, hiding Cannons and Fighter jets in dugouts in the mountains.
Today they are underground hotels, tourist attractions and some have been converted to store data and backup storage systems for banks and gouvernements world wide.
or just fill it with water and farm more "SALMON" LOL
We still have a very long way to go & so does LBSR ;)
Inter-market explanation for the coming gold bubble
9/28/2012 12:11:11 AM | Jordan Roy-Byrne, CMT
Biggest inflows into the precious metal will come from other markets and particularly bonds
As we travel to Toronto for the Cambridge House conference, we thought we’d share a few points from our upcoming presentation titled “The Setup for a Gold Bubble.” There are many different ways we can analyze this. By that we mean fundamental triggers, historical ratios, valuations and potential money flows, etcetera can explain the setup for and why this bull market will become a bubble. Today, we focus on inter-market analysis, which is one of our favorite subsets of technical analysis.
For a bull market to become a bubble, it needs to attract excess money flows from other asset classes. In other words, during a bubble, money flows from various asset classes into a single one. Prior to the bubble the market must be an under-owned asset class with room to absorb the massive flows. This chart, from Pierre Lassonde’s recent presentation shows gold’s share of global asset allocations. It currently is below 3%, which is extremely low in comparison to the 1980 figure of 14% and considering that the bull market is in its 13th year.
Moreover, and this a point others have made, gold’s increasing share as part of the global financial pie is more a result of an increase in gold’s value than an increase in actual ownership. Back in 1999-2001, gold’s share was less than 0.5%. Now it is six or seven times higher. Yet, gold’s value is roughly six times higher!
While some of the newly-created money and debt will find its way into gold, the biggest inflows into gold will come from other markets and particularly bonds. The bond market, which dwarfs the equity and commodities markets, is by far the biggest market in the world. In recent years, and in response to the global economic malaise, the average investor and average institution has shifted funds out of equities and into bonds. Inflows into bond funds have been gargantuan while inflows into equity funds have been negative. Thus, in an inter-market sense, the trigger for the coming bubble in gold will be the shift of funds out of bonds and into gold and the like.
One way to monitor this is to graph gold against bonds. Below we show gold against bonds (bottom) and silver against bonds (top). Both charts are at an interesting juncture. The next breakout in both charts would surpass the 1980 peak and result in all time highs. Gold and silver have outperformed bonds for a number of years but the outperformance would accelerate upon breakout in these charts.
In the meantime, gold and silver and the shares have begun to correct and digest the strong gains from the recent rebound. October is the only bearish part of the seasonally bullish period. Interim bottoms typically occur in the middle of, or near the end of, October. Thus, the coming days and weeks could be an opportunity to shed some bonds in favor of bullion and to pick up some stocks, which you may have missed at the last bottom.
ABOUT THE AUTHOR
Jordan Roy-Byrne, CMT
Jordan Roy-Byrne, CMT (Trendsman) is a Chartered Market Technician, a member of the Market Technicians Association and from 2010-2011 an official contributor to the CME Group, the largest futures exchange in the world. He is the publisher and editor of TheDailyGold Premium. Jordan has 14 years of investing experience.
Yeah Bela, strong hands, you said it. They will get even stronger with time, keep em tick'in ;)
Add LBSR..! Then you can stop winding the clock..!
Junior explorer/GDX ratio still at historical extremes
Will explorers be rocketing higher next?
I've been banging the table for the last six months about remaining optimistic during bear markets, and becoming incrementally more excited about a particular investment class as the markets appear bleaker. Since the beginning of September, mid-tier and major gold mining companies have rocketed higher. At this time, they are no longer at "catastrophic" level pricing as they were just 30+ days ago.
However, the junior resource exploration market still offers an entry at disaster-level pricing. The ratio of GDX to many junior exploration plays is varying between 500-800 to 1, while in the previous three years, the average was about 100-200 to 1. In my opinion, this moment may be a twilight, the slow and precise tipping-point moment in which the explorers edge up ever so slightly---right before a historic boom. What I mean by boom, is many of these companies moving up in price by 200%-400% in a matter of days, weeks and months. We saw this type of action occur following the 2008-2009 crash, and we will see it again.
Here is a ratio chart of one of my favorite junior explorers. A snap-back reversion to the mean prior to this summer, equates to 150%+ move.
Many analysts comment that money needs to first move into the upper echelons of the mining sector, before trickling down to the explorers. This is a given. However, the timing of this process cannot be fully predicted, and when it occurs, it happens in a flash. By concluding that you will "wait" for the money to come back in first...is almost like saying, I'll buy a life preserver when the ship starts sinking.
We are still in a market environment in which risk is abhorred...and for retail investors, this is the perfect time to take positions in low-volume juniors, without driving share prices up. Our advantage in this market (being non-institutional investors), is our size. As mice, we can move in with agility, and calmly wait for the ground vibrations of "risk-on" elephants...who will always return to the feed.
After three plus years of waiting and hard work, I've identified a small handful of junior explorers, and I've added them to my overall list of favorite mining stocks. I expect them to perform exceptionally well in the coming months and years as we move into the next speculative mining cycle.
To get immediate access to my list of favorite mining stocks, check out the link below. As always, with all my products, I offer a 100% lifetime guarantee, so if you're not happy--you get every penny back--plus you get to keep the report!
To learn more about my favorite mining stocks, visit BullMarketThinking.com
I agree with u NFL, pitch it long buddy ;) as to market cap; Glencore 24 B. £ Xstrata 29 B. £ & Gold Corp @ 36 B. $ Even if dilution goes to 1B shares and we hit 5 $ in a few years; we will still be worth peanuts.........! Apple could eat them for breakfast :)))
Thank you :)
are you trading from Europe..? what do you know..! I want a fill, and that's it, nothing to do with Europe. We've had the short ban a few times, all good here, maybe you guys across the pond stopped paying the electricity bills......... "CUT OFF"
Cheers Elis, now that sounds a reasonable explanation, it has nothing to do with Europe, Europe heading for ground zero..! Nothing to do with LBSR.
i'm not long, i have them, i want 250 upwards, trading dips, i add 50 to 125'000 more if i can. we are an investment club from Switzerland and we go in for the long run. We d'ont pump and dump as you guys call it in the US. I d'ont post here, but i read and i know somethings wrong..! "BIG TIME"
Dead "ON" Yukon
you're brain is overloaded, Europes been shut for Hrs, nothing to do with LBSR......! I told you , not filled @ way above price, MM playing, someones short or something big is going down, they have to cover, never had a problem before today.
You are dead correct, but whats that got to do with trading LBSR.......?
dammmmmmmmmm "RIGHT BUDDY"
i told you......... @ 44 and 46 ; "NOT FILLED" get it ..?
put in a bid, money where you mouth is, see if it gets filled, ask the board if they get their bids filled..? hell they d'ont even have a bid price.......!
if you're referring to me; well with 3'750'000 shares, i d'ont come out of the gate, been here a long time, i d'ont post, but things are moving big time, maybe you need insurance..!
i can't get in on it.... "NO FILL" get it..!
MM's screwing with the bid, someones deep short or something big is going down, push the ask, you will see it w'ont get filled........!
put in for 250'000 @ 044, not filled; increased to 046 and still not filled; push this baby; someones screwing up big time..! Tooooooo "HOT" for the shorts this time; and then we get a sudden black out, maybe the SEC should look into this one
I Love This Post; finally someone who understands the business of "MINING"
I agree with Nennwert, by the way where is "PROPHETA" he has had some good comments for the board some time ago. Gooooooooooooo SRSR..! HREE'S & Niob for China and India. We have them, patience is a vertue,of which not many on this board have.
Great post "Hungry"... what do you think of my backdoor accumulation theory and then an up-listing..? leave the pinks..?
nice read - cheers..!
Knowledgeable investors are once again in the accumulation mode.
In 1883, an historic cataclysm of 10 days shook the world and vaporized Krakatoa, an island between Java and Sumatra.
An umbrella of ash rose 50 miles high and sent sonic reverberations seven times around the world. Deaths numbered 120,000. Scientists of that time were awed by the magnitude of nature’s forces that were being unleashed. They speculated that one day, ways would be found to harness this energy.
Even the Bible concurred with the physicists that all inert matter contained particles of energy that if harnessed could provide inexpensive and abundant energy to replace the coal, steam and oil that fueled the industrial revolution of that era. Now if Faraday’s and Boyle’s could return to 2010 they could witness the fulfillment of their most visionary dreams with the advent of The Nuclear Age.
International demand for U2O6 is rising. Knowledgable investors who made a killing when uranium reached a $136 a pound in June 2007, are once again in the accumulation mode. The Russians, Koreans, and particularly
The Chinese are investing in joint ventures all over the world to gain control of future supply. In fact our contract for Russia dismantled nuclear warheads expires in 2013, not far away. This will further exacerbate the supply and demand deficit. China is likely to purchase off take agreements with uranium miners who do not have any.
It is important to find the miners who are in the driver’s seat. This is the miners market to catch a solid big at higher levels. Certain miners who are close to production with uranium that is not yet purchased are setup to reap the benefits of this hot sector.
Recently, U2O6 hit a 24 month high of $53.50 a pound. Typically, when uranium begins to make its upward move it does so with atomic force, giving large profits to the lucky holders.
It is interesting to note that only eight mines in the world yield more than fifty percent of global production. Moreover, in reality there is not a lack of uranium deposits, but there is a lack of assets that possess production potential.
Already in the United States, there are a104 plants with more coming. China has eleven plants and are constructing another twenty eight reactors. This does not include the facilities existing in France, Germany, Japan, Iran, among others.
Today’s nuclear plants are sophisticated, safe and efficient far removed from the fossils of yesteryear. My readers through my premium service are enjoying triple digit profits even at this early stage. As uranium shortages mount, I will continue to give my readers additional profitable opportunities for their consideration. Just as profits have been made by my readers in the small gold miners, so do I feel that certain small uranium miners are ripe as cherries for the picking.
my pleasure, take care..!
Management knows what this baby is worth, commodities are all on the rise and LBSR has tons of stuff berried under a load of rocks. Patience is required, they are not going to give away their holdings for a quick undervalued "BUCK" i do not normally post on this board or on any other, however i read the "BULL" most are just flippers as you call them in the US. However there are an increasing number of shareholders who have woken up to the fact that LBSR is for real. Once positioning has taken place "accumulation - backdoor listing through a shell company" my opinion only to uplist on another exchange everybody who is long and strong will get rewarded. Remember things do not happen overnight "patience is a vertu" and sadly some on this board like with Sarissa (SRSR) are just contaminating the mind of others because they have missed the opportunity to buy when it was cheep. MM & FLIPPERS make make money pumping and dumping - they will get stuffed like a turkey in the end..!
RESS RELEASE: Canadian Orebodies Inc. Mobilizes Crews to Lithium Rare Metal Property
30.09.10 16:46:32- DJPN
TORONTO, ONTARIO--(Marketwire - Sept. 30, 2010) - Canadian Orebodies Inc. (TSX
VENTURE:CO) (the "Company") is pleased to announce that it has mobilized crews
to begin work on its Zigzag Lithium/Rare Metals property (the "Property"). The
Property is subject to an option agreement with Ultra Lithium Inc. (TSX
VENTURE:ULI) and the underlying property owners to acquire an 80% legal and
beneficial interest (subject to a 2% NSR retained by the Owners, 50% of which
can be purchased by Orebodies for $1,000,000).
The work program is to consist of detailed geological mapping, grab sampling
across the claims and where possible mechanical stripping which will be
followed up with systematic channel sampling.
Zigzag Property Overview
The Property in total consists of 129 claim units comprising 2,064 hectares,
located approximately 60 km northeast of Armstrong, Ontario. The property is
host to 5 historical lithium and rare metal showings of consequence.
Historical highly anomalous tantalum and cesium values are notably widespread
on the property and indicate a high potential for zoned, complex-type
pegmatites enriched in tantalum and cesium. Complex-type pegmatites are
excellent targets for economic deposits of lithium, tantalum, cesium and
rubidium such as the Tanco pegmatite in Manitoba.
Besides lithium, tantalum could have one of the most considerable economic
benefits on the Zigzag property as historically there have been a significant
amount of samples collected that demonstrate widespread, high grade results.
Breaks (2003) stated that individual analysis from the Tebishogeshik Lens 3
exceeded 80 wt % Ta2O5 and were amongst the highest documented in lithium-rich
pegmatite of Ontario.(i)
(i)(historical in nature and not 43-101 compliant and therefore should not be
relied upon.)
Additionally, Orebodies is currently reviewing several other projects and
opportunities that have come available to the Company. The Company is
continually interested in sourcing projects that can complement its current
portfolio of properties and create shareholder value.