Chuma: Taking Pot Seriously
Resources Wire | Jay Currie | September 22, 2014 11:29 PM ET

The waves of mania which have propelled the legal marijuana business in the stock markets have been so extreme that the SEC and the OSC have both issued warnings about speculative excess. All types of companies are being floated, many of which have no license, no operations, no business and no money.

At the same time there is a real market for legal marijuana, worth billions of dollars, emerging in the United States. There is no question that marijuana – both medical and recreational – is here to stay. What may be puzzling for investors is how to participate in this boom while avoiding the various scams which blight the market.

Looking at this opportunity Chuma Holdings, Inc. (OTCBB:CHUM), formerly CannaMed Corp., realized that the cannabis industry lacked business services that are common for every other industry. This ranges from financing and payments solutions, through to regulatory compliance. The management at Chuma also recognized that in the midst of the stock market hype surrounding the marijuana industry, it made sense to quietly and effectively establish their business model, before making a splash.

Read the rest of this medical marijuana article here.

Savvy 2nd Wave Canadian Medical Marijuana
Aug 12, 2014 2:14 PM

The second wave of the Canadian Medical Marijuana market is crashing ashore bringing with it serious, well funded, companies with real business plans. After the first wave of promotion of companies in the Canadian Medical Marijuana space, savvy investors are looking for companies which have real business models to address this billion plus dollar market.

Changes to the medical marijuana (MMJ) regulatory regime in Canada have created a window of opportunity for efficient, compliant marijuana grow operations. FV Pharma International (OTCQB:FVPI) positioned itself to enter this growing market.

Read the rest of this medical marijuana article here.

Savvy 2nd Wave Canadian Medical Marijuana
Aug 12, 2014 2:14 PM

The second wave of the Canadian Medical Marijuana market is crashing ashore bringing with it serious, well funded, companies with real business plans. After the first wave of promotion of companies in the Canadian Medical Marijuana space, savvy investors are looking for companies which have real business models to address this billion plus dollar market.

Changes to the medical marijuana (MMJ) regulatory regime in Canada have created a window of opportunity for efficient, compliant marijuana grow operations. FV Pharma International (OTCQB:FVPI) positioned itself to enter this growing market.

Read the rest of this medical marijuana article here.

Elcora Resources Shareholder Update on Sakura Graphite Project

COLOMBO, SRI LANKA / TNW-ACCESSWIRE / July 29 2014 / Troy Grant, President and CEO of ELCORA RESOURCES CORP. (TSXV : ERA), (the "Company" or "Elcora"), is pleased to provide the following update on its Sakura graphite project.

In June 2014 Elcora closed its acquisition of a 40% interest in Sakura Graphite (PVT) Ltd. (“Sakura). (see news releases May 13 and June 30, 2014.) The Sakura acquisition was a major step towards achieving the Company’s primary corporate development objective of becoming a vertically integrated graphite producer.

"Analysts continue to forecast robust and growing worldwide demand for graphite” commented Elcora President Troy Grant, “and having a ‘first-mover’ advantage on graphite delivery is an important distinction from potential competitors and for potential clients. What has become evident over the course of discussions with various groups is the importance that is placed by industrial and other buyers on obtaining a high-grade graphite product that has been subjected to limited processing or refining, from a mine in recognized graphite-producing region with a history of production. That, as well as consistent grade delivery and straightforward metallurgy, provides valuable certainty to both industrial and technology users. Lastly, we are very pleased to have graphite processing and engineering expert Dr. Ian Flint leading the on-the-ground team that is conducting the laboratory tests, selecting the refining technologies and designing the graphite mill circuits."
- See more at: http://thenewswire.ca/archives?tnwarchive2=release_id%3D12844

Alibaba: Rewarding Hydrothermal Graphite
The Best Idea at PDAC
Jay Currie

March 12, 2014

graphite, hydrothermal graphiteAll over the world there are core shacks, drill logs, aerial survey data and records of the millions of drill holes geologists have sunk into what they hoped would be mineral deposits. Is there a hydrothermal graphite deposit in this mountain of data?

Alibaba Resources is counting on a big reward, 2 million dollars, and crowd sourcing to find the graphite needle in the data haystack.

“We are reaching out to geologists, prospectors, surveyors, researchers and resource companies.” said Bob Komarechka, CEO of Alibaba, “We’re counting on someone seeing our reward and remembering a drill log or an EM anomaly from a property they might have been looking at a decade ago before graphite was very interesting. Or maybe a summer student looking through old core will have seen our offer and when she sees a run of graphite will tell her supervisor.”

Read the rest of this article about hydrothermal graphite at http://resourceswire.com/2014/03/alibaba-rewarding-hydrothermal-graphite/.

Auguries - March 16, 2013
Too Big To Whale
Kevin Michael Grace

Gold was up (at press time) $17.30 (+1.1%) for the week to $1,592.60, and silver was down $0.45 (-1.6%) to $28.51. Reuters reported March 15, “Gold hovered near $1,590 an ounce on Friday as [insert piffle about US economic “recovery” here—Editor] makes safe-haven assets like the precious metal less attractive.”

Clearly distressed by gold’s resilience, Reuters asked Li Ning of CIFCO Futures in Shanghai for an explanation. He replied, “It is a global trend that the value of paper money is diminishing, which attracts investors to gold, a hard asset.”

And now, an intermission. Commentary will resume shortly. In the interim, readers are invited to meditate upon the following quotations.

Read the rest of this article about gold prices here: http://resourceswire.com/2013/03/auguries-24/

Auguries - March 16, 2013
Too Big To Whale
Kevin Michael Grace

Gold was up (at press time) $17.30 (+1.1%) for the week to $1,592.60, and silver was down $0.45 (-1.6%) to $28.51. Reuters reported March 15, “Gold hovered near $1,590 an ounce on Friday as [insert piffle about US economic “recovery” here—Editor] makes safe-haven assets like the precious metal less attractive.”

Clearly distressed by gold’s resilience, Reuters asked Li Ning of CIFCO Futures in Shanghai for an explanation. He replied, “It is a global trend that the value of paper money is diminishing, which attracts investors to gold, a hard asset.”

And now, an intermission. Commentary will resume shortly. In the interim, readers are invited to meditate upon the following quotations.

Read the rest of this article about gold prices here: http://resourceswire.com/2013/03/auguries-24/

Fresh Releases - March 13, 2013
True Gold V.TGM | Bear Creek V.BCM | Kootenay Silver V.KTN
Kevin Michael Grace

True Gold reports Burkina Faso Gold Assays up to 53.66 g/t over 10m

Bear Creek reports Peru Assays up to 3.57 g/t Gold, 3.2 g/t Silver over 17.4m

Kootenay reports Mexico Silver Equivalent Assays up to 58 g/t over 60m

Read the full press releases here: http://resourceswire.com/2013/03/fresh-releases-34/

Auguries - March 8, 2013
A Coin In The Hand
Kevin Michael Grace

Gold was down (at press time) $0.40 (-) for the week to $1,575.30, and silver was up $0.36 (+1.3%) to $28.96. Ole Hansen of Saxo Bank told Reuters, “The fact that the strongest economic data in a while failed to trigger a break below the recent low [has given] the [gold] market a bit of confidence.”

The economic data referred to above is Friday’s release of the US unemployment rate for January, which fell from 7.9% to 7.7%. A closer look at the data tends to vitiate its strength. Mike Shedlock reports, “The economy added a whopping 446,000 part-time jobs. Thus, the economy shed 276,000 full-time jobs. Those part-time jobs were supposedly ‘on purpose.’” And what counts as “part-time,” according to the Bureau of Labor Statistics? “At least one hour” paid employment in the week of its survey.

Furthermore, “Those not in the labour force rose by 296,000, and the labour force itself fell by 130,000. Those factors, coupled with the massive rise in part-time employment, explain the 0.2% drop in the unemployment rate.”

Read the rest of this article about gold prices here: http://resourceswire.com/2013/03/auguries-23/

Auguries - March 8, 2013
A Coin In The Hand
Kevin Michael Grace

Gold was down (at press time) $0.40 (-) for the week to $1,575.30, and silver was up $0.36 (+1.3%) to $28.96. Ole Hansen of Saxo Bank told Reuters, “The fact that the strongest economic data in a while failed to trigger a break below the recent low [has given] the [gold] market a bit of confidence.”

The economic data referred to above is Friday’s release of the US unemployment rate for January, which fell from 7.9% to 7.7%. A closer look at the data tends to vitiate its strength. Mike Shedlock reports, “The economy added a whopping 446,000 part-time jobs. Thus, the economy shed 276,000 full-time jobs. Those part-time jobs were supposedly ‘on purpose.’” And what counts as “part-time,” according to the Bureau of Labor Statistics? “At least one hour” paid employment in the week of its survey.

Furthermore, “Those not in the labour force rose by 296,000, and the labour force itself fell by 130,000. Those factors, coupled with the massive rise in part-time employment, explain the 0.2% drop in the unemployment rate.”

Read the rest of this article about gold prices here: http://resourceswire.com/2013/03/auguries-23/

Engineering Cashflow
BCGold Inks a Deal to Expand its Mine and Increase Production
Kevin Michael Grace

March 7, 2013 - BCGold Corp V.BCG announced March 3 a letter of intent with Solid Holdings Ltd to finance and construct a minimum 30-tonne-per-day turnkey mine, mill and gold-refining operation at BCGold’s historic Engineer Mine located 32 kilometres west of Atlin, BC. Solid is required to produce a minimum of 10,000 gold ounces within three years, with 15% to BCGold’s credit on a gross-sale basis. Solid will provide all infrastructural, engineering, procurement, design, civil works and other administrative expenses associated with the Engineer Mine. Upon completion of these provisions, Solid may elect to acquire a 50% interest in the Engineer Mine by way of a joint-venture agreement.

President/CEO Brian Fowler spoke to Kevin Michael Grace March 5; read the interview here. http://resourceswire.com/2013/03/engineering-cashflow/

A Premier Partnership, Not A Takeover
Abraham Drost on New Royalties and Sandstorm’s Majority Share
Kevin Michael Grace

March 6, 2013 - Premier Royalty Inc T.NSR announced March 1 the closing of its purchase from Yamana Gold Inc T.YRI of a portfolio of third-party royalties. The purchase comprises a 1.5% net smelter return (NSR) on the San Andres deposit in Honduras and the Sao Vicente and Sao Francisco Mines in Brazil owned and operated by Aura Minerals Inc T.ORA, a 2% NSR royalty on certain mining claims and adjacent lands containing the Cerro Prieto deposit owned and operated by Oroco Resource Corp V.OCO and a $3-per-ounce royalty on certain mining claims and adjacent lands containing the Don Nicholas deposit owned and operated by Minera IRL Ltd T.IRL.

The price of these purchases is $9 million in cash, 387,096 common shares of Premier Royalty and warrants to purchase an aggregate of up to 500,000 common shares of Premier Royalty at an exercise price of $2.50 per share.

President/CEO Abraham Drost spoke to Kevin Michael Grace March 1 - read the interview here: http://resourceswire.com/2013/03/a-premier-partnership/

Auguries - March 3, 2013
Virtual Reality
Kevin Michael Grace

Gold was down (at press time) $3.60 (-0.2%) for the week to $1,575.70, and silver was down $0.15 (-0.5%) to $28.60. Gold made big gains earlier in the week, but these were wiped out Wednesday and Thursday. According to Reuters, “Bullion dropped as the dollar rose after US economic data including consumer spending, consumer confidence and factory activity all pointed to a pickup in economic growth. Some investors believe a better US outlook could prompt the Federal Reserve to halt its stimulus earlier than expected.”

One person who doesn’t believe that the Federal Reserve will be prompted to halt its stimulus earlier than expected is its Chairman, Bernancus Magnus. He told the Senate Banking Committee February 26, “The benefits of asset purchases and of policy accommodation more generally, are clear…. To this point, we do not see the potential costs of the increased risk-taking in some financial markets as outweighing the benefits of promoting a stronger economic recovery and more rapid job creation.”

Given that the “economic recovery” and “more rapid job creation” are both entirely putative, we can expect an end to quantitative easing the day after Black Tuesday II or whenever Jesus returns, whichever comes first.

Read the rest of this article about gold prices here: http://resourceswire.com/2013/03/auguries-22/

Auguries - March 3, 2013
Virtual Reality
Kevin Michael Grace

Gold was down (at press time) $3.60 (-0.2%) for the week to $1,575.70, and silver was down $0.15 (-0.5%) to $28.60. Gold made big gains earlier in the week, but these were wiped out Wednesday and Thursday. According to Reuters, “Bullion dropped as the dollar rose after US economic data including consumer spending, consumer confidence and factory activity all pointed to a pickup in economic growth. Some investors believe a better US outlook could prompt the Federal Reserve to halt its stimulus earlier than expected.”

One person who doesn’t believe that the Federal Reserve will be prompted to halt its stimulus earlier than expected is its Chairman, Bernancus Magnus. He told the Senate Banking Committee February 26, “The benefits of asset purchases and of policy accommodation more generally, are clear…. To this point, we do not see the potential costs of the increased risk-taking in some financial markets as outweighing the benefits of promoting a stronger economic recovery and more rapid job creation.”

Given that the “economic recovery” and “more rapid job creation” are both entirely putative, we can expect an end to quantitative easing the day after Black Tuesday II or whenever Jesus returns, whichever comes first.

Read the rest of this article about gold prices here: http://resourceswire.com/2013/03/auguries-22/

23 Mineralized Zones
Golden Tag Tops 200M Silver Oz Indicated and Inferred in Mexico
Kevin Michael Grace

Golden Tag Resources Ltd V.GOG announced February 26 an updated resource estimate of its San Diego Deposit in Durango State, Mexico, a joint venture with Golden Minerals Co T.AUM. Golden Tag is the operator and has the option to increase its ownership to 60% by funding additional exploration on the property.

Indicated resources are 16.5 million tonnes grading 60 grams per tonne silver, 0.08 g/t gold, 0.71% lead, 1.22% zinc and 0.1% copper (105 g/t silver equivalent) for 31.6 million ounces silver (55.5 million ounces AgEq). Inferred resources are 42 million tonnes grading 62 g/t silver, 0.07 g/t gold, 0.9% lead, 1.31% zinc and 0.1% copper (115 g/t AgEq) for 83.8 million ounces silver (160 million ounces AgEq).

CEO David Rigg spoke to Kevin Michael Grace February 26; read the rest of this interview here: http://resourceswire.com/2013/03/23-mineralized-zones/.

Risk Versus Reward
Lomiko Signs a Transformational Graphite Deal with Graphene Labs
Kevin Michael Grace

February 28, 2013 - Just one year ago, graphite was the new black gold. The market couldn’t get enough of it, and hardly a week went by without the announcement of a new graphite company or an old company repurposed to meet what was going to be a critical shortage of supply. Investors bought on the rumour, and one year later, they’ve sold on the news. Paul Gill, President/CEO of Lomiko Metals Inc T.LMR, puts it bluntly, “So many of the small graphite companies are walking dead because there is never going to be a customer for them.”

He explains, “You have Syrah Resources in Australia, which has just put out a huge graphite resource. You have Energizer T.EGZ in Madagascar and Timcal operating in Quebec and Northern Graphite V.NGC in Ontario. Demand is rising organically at 20% annually, but the amount of supply in the pipeline has blossomed incredibly.”

Read the rest of this article about Lomiko Metals and graphite here. http://resourceswire.com/2013/02/risk-versus-reward/

Mana From Heaven
SEMAFO Adds One Million Inferred Gold Ounces in Burkina Faso
Kevin Michael Grace

February 26, 2013 - SEMAFO Inc T.SMF announced February 21 that its 2012 yearend resource estimate will include (based on a gold cutoff of 1 gram per tonne within a $1,600-gold pitshell) 999,200 inferred gold ounces (6.7 million tonnes grading 4.62 g/t) from the newly-discovered Siou sector, located approximately 15 kilometres from its Mana processing plant in Burkina Faso.

President/CEO SEMAFO Benoit Desormeaux spoke to Kevin Michael Grace February 21, read the interview here. http://resourceswire.com/2013/02/mana-from-heaven/

Auguries - February 23, 2013
Death Cross Or Gold Standard?
Kevin Michael Grace

Gold was down (at press time) $56 (-3.2%) for the week to $1,579.30, and silver was down $1.71 (-5.6%) to $28.75. Reuters reported February 22, “Gold looked vulnerable on technical charts after it formed a bearish formation earlier in the week known as a ‘death cross,’ when its 50-day moving average broke below its 200-day moving average.”

The human death cross, George Soros, was, as usual, ahead of the market. Bloomberg reported February 15, “Soros Fund Management LLC reduced its investment in the SPDR Gold Trust, the biggest fund backed by the metal, by 55% to 600,000 shares as of December 31 from three months earlier, a US Securities and Exchange Commission filing showed Thursday.”

Our friend Peter Grandich argued February 21, “Gold and mining shares have been badly beaten up, and there’s no immediate relief in sight. The only positive is the bearishness has become overwhelming, and if support can hold in the coming weeks, we should get a compelling contrarian situation not seen in years.

Read the rest of this article about gold prices here. http://resourceswire.com/2013/02/auguries-21/

Auguries - February 23, 2013
Death Cross Or Gold Standard?
Kevin Michael Grace

Gold was down (at press time) $56 (-3.2%) for the week to $1,579.30, and silver was down $1.71 (-5.6%) to $28.75. Reuters reported February 22, “Gold looked vulnerable on technical charts after it formed a bearish formation earlier in the week known as a ‘death cross,’ when its 50-day moving average broke below its 200-day moving average.”

The human death cross, George Soros, was, as usual, ahead of the market. Bloomberg reported February 15, “Soros Fund Management LLC reduced its investment in the SPDR Gold Trust, the biggest fund backed by the metal, by 55% to 600,000 shares as of December 31 from three months earlier, a US Securities and Exchange Commission filing showed Thursday.”

Our friend Peter Grandich argued February 21, “Gold and mining shares have been badly beaten up, and there’s no immediate relief in sight. The only positive is the bearishness has become overwhelming, and if support can hold in the coming weeks, we should get a compelling contrarian situation not seen in years.

Read the rest of this article about gold prices here. http://resourceswire.com/2013/02/auguries-21/

Auguries - February 15, 2013
Toffs And Plebs
Kevin Michael Grace

Gold was down (at press time) $36.50 (-2.2%) for the week to $1,635.30, and silver was down $1.01 (-3.2%) to $30.46. Reuters reported, “Gold fell to a six-week low on Thursday as renewed worries about the Eurozone economy weakened bullion’s appeal.”

Reuters also cited “Thursday’s US data showing falling initial jobless claims [which] offered hope the labour market recovery may have picked up.” Rose-coloured glasses? More like rose-coloured corneas. As David Rosenberg puts it, “So long as there is a positive sign in front of any economic metric, no matter how microscopic, all is good.”

Or as President Obama said in his State of the Union Address, “Together, we have cleared away the rubble of crisis.” (One wonders whether he knows what derivatives are, but never mind.) Three weeks earlier, Obama had little to say about the economy other than “An economic recovery has begun.” Tuesday night, however, he was Jobsmaster General. The word appeared 46 times in his speech.

Read the rest of this article about gold prices here: http://resourceswire.com/2013/02/auguries-20/

Auguries - February 15, 2013
Toffs And Plebs
Kevin Michael Grace

Gold was down (at press time) $36.50 (-2.2%) for the week to $1,635.30, and silver was down $1.01 (-3.2%) to $30.46. Reuters reported, “Gold fell to a six-week low on Thursday as renewed worries about the Eurozone economy weakened bullion’s appeal.”

Reuters also cited “Thursday’s US data showing falling initial jobless claims [which] offered hope the labour market recovery may have picked up.” Rose-coloured glasses? More like rose-coloured corneas. As David Rosenberg puts it, “So long as there is a positive sign in front of any economic metric, no matter how microscopic, all is good.”

Or as President Obama said in his State of the Union Address, “Together, we have cleared away the rubble of crisis.” (One wonders whether he knows what derivatives are, but never mind.) Three weeks earlier, Obama had little to say about the economy other than “An economic recovery has begun.” Tuesday night, however, he was Jobsmaster General. The word appeared 46 times in his speech.

Read the rest of this article about gold prices here: http://resourceswire.com/2013/02/auguries-20/

On Strike For Almost 30 Kilometres
Phillip Walford Discusses Marathon’s Nfld Gold Exploration
Kevin Michael Grace

February 13, 2013 - Marathon Gold Corp T.MOZ announced February 7 assay results from six shallow drillholes at the Valentine East Zone of its Valentine Lake Project in Newfoundland. Highlights include:

1.6 grams per tonne gold over 14 metres
including 10.34 g/t gold over 1 metre
1.93 g/t gold over 9.5 metres
including 14.77 g/t gold over 0.95 metres
1.58 g/t gold over 3 metres
including 4.48 g/t gold over 1 metre
2.44 g/t gold over 3 metres
1.23 g/t gold over 3 metres
1.52 g/t gold over 6 metres
2.28 g/t gold over 2.85 metres
1.89 g/t gold over 2.85 metres

The Valentine Lake Project comprises more than 20,000 hectares located 57 kilometres south of Buchans. It can be reached from gravel and paved roads off the Trans-Canada Highway. According to a November 5, 2012, 43-101 resource estimate, its Leprechaun Gold Deposit contains 9.53 million tonnes grading 2.22 g/t gold for 682,000 ounces gold measured and indicated and 1.96 million tonnes grading 2.3 g/t for 145,000 gold ounces inferred.

President/CEO Phillip Walford spoke to Kevin Michael Grace February 8, read the interview here: http://resourceswire.com/2013/02/on-strike-for-almost-30-kilometres/

Five Silver Mines In Mexico
First Majestic’s Keith Neumeyer Talks Expansion and Consolidation
Kevin Michael Grace

February 11, 2013 - First Majestic Silver Corp T.FR announced January 25 initial production at its Del Toro Silver Mine in Zacatecas, Mexico. Underground development at Del Toro has produced 97,700 tonnes of stockpiled ore which supplies feed to the processing plant. Commercialization of the 1,000 tonnes per day (tpd) flotation circuit is anticipated by April 1, 2013. Phase-two startup is expected by July 1, 2013, when the mill is expected to run at a combined throughput rate of 2,000 tpd. The third, final phase of production (2,000 tpd flotation and 2,000 tpd cyanidation) is expected by 3Q 2014, when Del Toro is expected to become the company’s largest operation, producing approximately 6 million silver ounces per year and significant amounts of lead and zinc.

President/CEO Keith Neumeyer spoke to Kevin Michael Grace February 6, read the interview here: http://resourceswire.com/2013/02/five-silver-mines-in-mexico/

Auguries - February 8, 2013
Evil And Stupid
Kevin Michael Grace

Gold was up (at press time) $7.70 (+0.5%) for the week to $1,671.80, and silver was up $0.04 (+0.1%) to $31.47. Thursday has been a bad day for gold lately. It fell $7 today (-0.4%), a development Reuters attributed to comments made by Mario “Batman” Draghi, a concomitantly stronger US dollar—and our old friend “technical resistance.”

Recent columns in this space may have given the impression that the United States intends to take no steps to address its fiscal crisis. Nothing could be further from the truth. A great bipartisan effort is shaping up in Congress, one with momentous consequences. For as Stan Evans, that lion of the Old Right, reminded us, “We have two parties here, and only two. One is the evil party, and the other is the stupid party… Occasionally, the two parties get together to do something that’s both evil and stupid. That’s called bipartisanship.”

Read the rest of this article about gold prices and the economy here: http://resourceswire.com/2013/02/auguries-19/

Auguries - February 8, 2013
Evil And Stupid
Kevin Michael Grace

Gold was up (at press time) $7.70 (+0.5%) for the week to $1,671.80, and silver was up $0.04 (+0.1%) to $31.47. Thursday has been a bad day for gold lately. It fell $7 today (-0.4%), a development Reuters attributed to comments made by Mario “Batman” Draghi, a concomitantly stronger US dollar—and our old friend “technical resistance.”

Recent columns in this space may have given the impression that the United States intends to take no steps to address its fiscal crisis. Nothing could be further from the truth. A great bipartisan effort is shaping up in Congress, one with momentous consequences. For as Stan Evans, that lion of the Old Right, reminded us, “We have two parties here, and only two. One is the evil party, and the other is the stupid party… Occasionally, the two parties get together to do something that’s both evil and stupid. That’s called bipartisanship.”

Read the rest of this article about gold prices and the economy here: http://resourceswire.com/2013/02/auguries-19/

Auguries - February 1, 2013
The Recovery Has Landed
Kevin Michael Grace

Gold was down (at press time) $3.40 (-0.2%) for the week to $1,664.10, and silver was down $0.24 (-0.8%) to $31.43. Gold fell $17.50 Thursday (-1%), a development Reuters attributed to “profit taking” and “bullion’s repeated failure to rise above major resistance at $1,700 in January, trigger[ing] technical selling.”

Could be, but technical resistance will always yield to force majeure. If gold is an alternative currency, then its future price will determined by the health of the world economy—in particular, the American economy.

In the latter regard, this interview of John Williams by Greg Hunter of USAWatchdog should prove interesting to readers. Williams’ argument is that “CPI, GDP and employment numbers” are subject to “biased and often-manipulated government reporting.” That’s one way to put it. Another would be that US Government economic reporting is now subject to Soviet-style levels of disinformation.

Read the rest of this article here. http://resourceswire.com/2013/02/auguries-18/

Auguries - February 1, 2013
The Recovery Has Landed
Kevin Michael Grace

Gold was down (at press time) $3.40 (-0.2%) for the week to $1,664.10, and silver was down $0.24 (-0.8%) to $31.43. Gold fell $17.50 Thursday (-1%), a development Reuters attributed to “profit taking” and “bullion’s repeated failure to rise above major resistance at $1,700 in January, trigger[ing] technical selling.”

Could be, but technical resistance will always yield to force majeure. If gold is an alternative currency, then its future price will determined by the health of the world economy—in particular, the American economy.

In the latter regard, this interview of John Williams by Greg Hunter of USAWatchdog should prove interesting to readers. Williams’ argument is that “CPI, GDP and employment numbers” are subject to “biased and often-manipulated government reporting.” That’s one way to put it. Another would be that US Government economic reporting is now subject to Soviet-style levels of disinformation.

Read the rest of this article here. http://resourceswire.com/2013/02/auguries-18/

Expansion Without Dilution
Morgan Poliquin Discusses Almaden’s Ixtaca Gold-Silver Project
Kevin Michael Grace

February 6, 2013 - Almaden Minerals Ltd T.AMM announced January 31 an initial resource estimate of the Ixtaca Zone on its 100%-owned Tuligtic Gold-Silver Project, located 150 kilometres east of Mexico City. At a 0.5 grams per tonne gold-equivalent cutoff, indicated resources are 57 million tonnes grading 0.52 g/t gold and 29.91 g/t silver (1.1 g/t AuEq) for 960,000 ounces gold and 54.8 million ounces silver (2.02 million ounces AuEq), and inferred resources are 41.5 million tonnes grading 0.56 g/t gold and 31.41 g/t silver (1.16 g/t AuEq) for 741,000 ounces gold and 41.9 million ounces silver (1.55 million ounces AuEq).

President/CEO Morgan Poliquin spoke to Kevin Michael Grace January 31, read the rest of this article here. http://resourceswire.com/2013/02/expansion-without-dilution/

Carbon And Beach Sand
A Simple, Cheap Process Brings Zenyatta’s Graphite to 99.96% Purity
Kevin Michael Grace

February 6, 2013 - Zenyatta Ventures Ltd V.ZEN announced February 5 results from tests conducted by SGS Canada Inc (Lakefield) using two different leaching processes on samples from its 100%-owned Albany graphite deposit in Ontario. The first test yielded results of 99.7% carbon (total) graphite product, while a second, different and cheaper process yielded 99.96% C.

The Albany graphite deposit comprises 121,000 hectares in the James Bay Lowlands, 30 kilometres north of the Trans Canada Highway. A railline is 70 kilometres distant, and there is an all-weather road approximately five kilometres distant.

President/CEO Aubrey Eveleigh spoke to Kevin Michael Grace February 5, read the interview here. http://resourceswire.com/2013/02/carbon-and-beach-sand/

Fresh Releases - January 29, 2013
Brazilian Gold V.BGC | Marathon Gold T.MOZ | Belo Sun T.BSX
Kevin Michael Grace

Brazilian reports Brazil Gold Assays up to 26.03 g/t over 10m

Marathon reports Nfld Gold Assays up to 45.58 g/t over 7m

Belo Sun reports Brazil Gold Assays up to 11.08 g/t over 12.1m

Read these press release summaries here. http://www.resourceswire.com/2013/01/fresh-releases-32/

Fresh Releases - January 29, 2013
Brazilian Gold V.BGC | Marathon Gold T.MOZ | Belo Sun T.BSX
Kevin Michael Grace

Brazilian reports Brazil Gold Assays up to 26.03 g/t over 10m

Marathon reports Nfld Gold Assays up to 45.58 g/t over 7m

Belo Sun reports Brazil Gold Assays up to 11.08 g/t over 12.1m

Read these press release summaries here. http://www.resourceswire.com/2013/01/fresh-releases-32/

Fresh Releases - January 30, 2013
International Northair Mines V.INM | Kootenay Silver V.KTN | Osisko Mining T.OSK
Kevin Michael Grace

Intl Northair reports Mexico Assays up to 765 g/t Silver, 0.087 g/t Gold over 6.5m

Kootenay reports Mexico Silver Equivalent Assays up to 62 g/t over 47m

Osisko reports Ontario Assays up to 5.54 g/t Gold, 0.6% Copper over 54m

Read these press release summaries here. http://www.resourceswire.com/2013/01/fresh-releases-33/

Auguries - January 25, 2013
Two And Two Still Make Four
Kevin Michael Grace

Gold was down (at press time) $17.10 (-1%) for the week to $1,667.50, and silver was down $0.23 (-0.7%) to $31.67. Gold fell $19.20 Thursday (-1.1%); TheStreet attributed this to “investors bet[ting] that Washington’s short-term extension of the debt ceiling would lead to a deal in four months.”

Rachel Maddow’s blog crowed, “Under pressure from the business community and with President Obama holding firm, House GOP leaders caved on Friday, announcing they would let the hostage go for practically nothing. And today, Republicans suspended the debt ceiling in exchange for no spending cuts at all.”

Obama’s firmness suggests that there are to be no spending cuts in May or any other time. His Second Inaugural Address gave short shrift to the economic crisis, most likely because he has wished it away. To wit, “An economic recovery has begun.”

Read the rest of this article on gold prices here. http://resourceswire.com/2013/01/auguries-17/

Fresh Releases - January 21, 2013
Northern Gold Mining V.NGM | Metanor Resources V.MTO | Panoro Minerals V.PML
Kevin Michael Grace


Metanor reports Quebec Gold Assays up to 14.74 g/t over 14.79 g/t over 14m

Panoro reports Peru Assays up to 0.95% Copper, 0.49 g/t Gold, 6.2 g/t Silver over 91.9m

Northern Gold reports Ontario Gold Assays up to 3.42 g/t over 35m

Read the full press release summary here. http://resourceswire.com/2013/01/fresh-releases-31/

Fresh Releases - January 21, 2013
Northern Gold Mining V.NGM | Metanor Resources V.MTO | Panoro Minerals V.PML
Kevin Michael Grace


Metanor reports Quebec Gold Assays up to 14.74 g/t over 14.79 g/t over 14m

Panoro reports Peru Assays up to 0.95% Copper, 0.49 g/t Gold, 6.2 g/t Silver over 91.9m

Northern Gold reports Ontario Gold Assays up to 3.42 g/t over 35m

Read the full press release summary here. http://resourceswire.com/2013/01/fresh-releases-31/

A Whole New Picture
Bill Pearson Discusses Castillian’s Hope Brook Gold Project
Kevin Michael Grace

January 22, 2013 - Castillian Resources Corp V.CT announced January 17 assay results from the 21 drillholes of a 5,951-metre program on its Hope Brook Gold Project in Newfoundland. The drilling intersected multiple zones of gold mineralization in a new near-surface target zone in the Mine Zone-240 Connector Target, located approximately 900 metres southwest of the former Hope Brook openpit. Highlights include (including results released December 11):

1.07 grams per tonne gold, 0.05% copper over 18.1 metres
1.52 g/t gold, 0.05% copper over 14 metres
2.14 g/t gold, 0.45% copper over 29.6 metres
2.69 g/t gold, 0.58% copper over 14.6 metres
5.24 g/t gold, 1.47% copper over 4.3 metres
1.9 g/t gold, 0.12% copper over 39.1 metres

The Hope Brook Gold Project consists of 25,000 hectares located 45 kilometres northwest of Burgeo. Its historic mine produced 752,163 ounces gold from 1987 to 1997. According to an October 2012 43-101 resource estimate, it contains (within the constraining shell at a 0.5 g/t cutoff) 10.6 million tonnes grading 1.24 g/t for 422,000 ounces gold indicated and 6.5 million tonnes grading 1.91 g/t for 397,000 ounces gold inferred and (below the constraining shell at a 2 g/t cutoff) 1.7 million tonnes grading 2.99 g/t for 168,000 ounces gold indicated and 2 million tonnes grading 2.62 g/t for 151,000 ounces gold inferred. Total indicated resources are 590,000 ounces gold, and total inferred resources are 548,000 ounces gold.

President/CEO Bill Pearson spoke to Kevin Michael Grace January 18 - read the interview here. http://www.resourceswire.com/2013/01/a-whole-new-picture/

Auguries - January 19, 2013
The Circle Game
Kevin Michael Grace

The Mark of the Chief: Round and round and round.
Gold was up (at press time) $11.80 (+0.7%) for the week to $1,684.60, and silver was up $1.11 (+3.6%) to $31.90. According to GoldCore, “Some investors see the recent selloff as overdone and are buying gold on the dip in anticipation of further gains in 2013…. The…higher weekly close today may embolden bulls who are expected to come back into the market.”

The big news in gold this week was the announcement that Germany is to begin repatriating its gold from Paris and New York. Ambrose Evans-Pritchard calls it a “watershed moment,” explaining that “The move marks an extraordinary breakdown in trust between leading central banks and has set off ferment among gold enthusiasts.”

For all the ferment, Germany plans to retrieve only 674 tons, with 50% of its hoard remaining in New York and London. At Seeking Alpha January 17, Tom Luongo asks why there is to be “so little” from New York and answers, “Most of the gold in the Fed’s vaults has been rehypothecated, and everyone knows it.”...

Read the rest of this article about gold prices here. http://resourceswire.com/2013/01/auguries-16/

Auguries - January 19, 2013
The Circle Game
Kevin Michael Grace

The Mark of the Chief: Round and round and round.
Gold was up (at press time) $11.80 (+0.7%) for the week to $1,684.60, and silver was up $1.11 (+3.6%) to $31.90. According to GoldCore, “Some investors see the recent selloff as overdone and are buying gold on the dip in anticipation of further gains in 2013…. The…higher weekly close today may embolden bulls who are expected to come back into the market.”

The big news in gold this week was the announcement that Germany is to begin repatriating its gold from Paris and New York. Ambrose Evans-Pritchard calls it a “watershed moment,” explaining that “The move marks an extraordinary breakdown in trust between leading central banks and has set off ferment among gold enthusiasts.”

For all the ferment, Germany plans to retrieve only 674 tons, with 50% of its hoard remaining in New York and London. At Seeking Alpha January 17, Tom Luongo asks why there is to be “so little” from New York and answers, “Most of the gold in the Fed’s vaults has been rehypothecated, and everyone knows it.”...

Read the rest of this article about gold prices here. http://resourceswire.com/2013/01/auguries-16/

Fresh Releases - January 16, 2013
Kevin Michael Grace

Eagle Hill reports Quebec Gold Assays up to 14.74 g/t over 17.9m

Seabridge reports BC Assays up to 3.02 g/t Gold, 12 g/t Silver over 22.5m

Golden Star reports Ghana Gold Assays up to 32 g/t over 26m

Read the full press release summaries here. http://resourceswire.com/2013/01/fresh-releases-30/

Fresh Releases - January 16, 2013
Kevin Michael Grace

Eagle Hill reports Quebec Gold Assays up to 14.74 g/t over 17.9m

Seabridge reports BC Assays up to 3.02 g/t Gold, 12 g/t Silver over 22.5m

Golden Star reports Ghana Gold Assays up to 32 g/t over 26m

Read the full press release summaries here. http://resourceswire.com/2013/01/fresh-releases-30/