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SKGO....0006's hitting
MUTM....0002's up!
MUTM..1's won't last long!
MUTM,,,volume alert
MUTM...2'sssss....look at that volume
Don't know,but looky looky...5's up.
tclif...lotsa volume!
IVOI..waking up?
May I add...Obviously diluting....Accumulating....crooked MMs...and darn bidwackers!
Gold fever
Gold Fever Strikes Mom and Pop Prospectors in US West
Published: Wednesday, 15 Sep 2010 | 8:06 AM ET
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By: Reuters
When John Brewer's construction business soured along with the economy, he sought to replace lost income by prospecting for gold from the river valleys of central Idaho to the wilds of Alaska.
Armed with the tools of the trade -- a metal detector, gold pan and sluice box, a series of screens that sort gold from alluvial material like sand and gravel -- the Montana man represents the new face of a pursuit that once paved the way for settlement of the Western frontier.
The poor economy and a record price of gold [XAU=X 1267.85 -2.42 (-0.19%) ] have renewed interest in prospecting in Western states where public lands are rich with deposits and small-scale operators are all but free from government regulation.
What Brewer has in common with 19th century prospectors is a drive for gold equaled in intensity only by the instinct to keep quiet about its location and volume.
"Asking a miner where they found it and what they found is like asking an angler about his secret fishing hole," said Brewer.
We're not going to tell anybody.As soon as you tell anybody, there will be a crowd -- and that would be counterproductive." Gold prices spacer hit a record $1,275.20 per ounce Tuesday.
Some gold mining sites economically feasible for the first time in years, prompting mid- and large-scale operators to apply to mine on national forests and on acreage overseen by the U.S. Bureau of Land Management in the Rocky Mountains.
"When gold goes over $1,000 an ounce, everybody becomes a miner," said Russ Bjorklund, minerals manager with Salmon-Challis National Forest in Idaho.
He is among federal land managers reporting a marked resurgence in gold mining, from amateurs armed with pans to corporations working hardrock mines.
Susan Elliott, geologist with Humboldt-Toiyabe National Forest in Nevada, said the rush is on in a state that is the fourth largest producer of gold in the world.
Elliott linked a 75 percent increase in mining activity on the 6.3 million-acre forest to the rise in gold prices in recent years.
"We've got all types: individuals out there with pick and shovel and companies with heavy equipment," she said.
'Like a Drug' Jon Cummings, who promotes gold-mining adventures at his Idaho resort, says finding what prospectors call "color" in the pan ignites a passion.
"You start finding a little gold in the pan -- that's when gold fever kicks in.
It's like a drug and you're ready to work all night," he said.
International gold-mining giant Barrick Gold Corp in February gained approval from the federal Bureau of Land Management to expand its Bald Mountain mine in northeastern Nevada.
Bald Mountain represents one of the company's 25 operating mines, eight of which are in the western United States.
Large-scale operators like Barrick must clear a number of hurdles in advance of gold mining, often a years-long process.
But Ray TeSoro, minerals specialist for the U.S. Forest Service region that includes Montana, also described an influx of "mom and pop operations." Those small-time prospectors, like Brewer, mostly engage in low-impact, stream-side mining like gold panning and sluicing, techniques which rely on gravity to separate heavy gold from sediment.
In the mountains of central Idaho, gold fever is behind trespassing incidents.
Beverly Cockrell, a rancher near Salmon, Idaho, has confronted strangers with "sticky fingers" on her creek-side land, including one who reportedly raided a sluice box.
"We're having to run people off," Cockrell said.
And some economists take a dim view of the gold rush.
"You've got this pretty metal -- what does it do?" said James Hamilton, economics professor at University of California, San Diego.
"It doesn't create dividends, it doesn't create more productivity; it's a hedge against certain kinds of risks." But it will take more than discouraging words to dampen the enthusiasm of gold hunters like Brewer, who declined to say what profit he turns from prospecting.
"It doesn't replace a full-time job with benefits, but you work hard enough at it, you might get lucky," he said.
Copyright 2010 Thomson Reuters. Click for restrictions.
Topics:Go
so there was a reason the guru mentioned this one yesterday. good call.
lol..have a whole list.
Dare I say it...HESG?
From the penny stock guru.
HMIT this stock has been mired in a tight range after pulling back from its highs from a few months ago. Could this stock be ready to resume its rally? The longer its stays in this range the better the case can be made for the bulls.
I can't pm you,but check out post#51201. At one point it was up over 8000%. That day is coming for hmit,imo.
I have to repeat,that other co. with the film deal news is up 6800% this morning. That could be hmit. Think about it.
What I was trying to say is that hmit can also go up 2000% when a movie deal is reached,imo.
From the guru.
Thursday, August 12, 2010
SSWC - More Positive News From The Company Released Today
Today's mid-morning SSWC press release continued the trend of great news and very little price per share follow through. One could argue that the stock did not sell off on the news, and they would be right. It did pop after the news was released, although it was only able to muster a 10% gain on the day.
If you are looking at the big picture and not focusing on the daily gyrations of this stock, then today was just another day on the road to $.005 and beyond. Debt settlements, selling products through Walmart, there are many good things going on with this company. I do not think much of this is priced in yet, and leads me to believe that at some point soon this stock will just take off and never look back.
TCLIF ...0002's getting hit
IVOI....0002's getting hit.
SEWC....0002's up!
SEWC...volume alert .0001's going
Watch LUNL this morning..low float,started moving fri
LUNL flying! merger news?
LUNL waking up...low float
SSWC speeding up .0032 up
SSWC starting to run
SSWC starting to run
SGI
1. $NWTT Once we get merger candidate NEWS the stock could ROCKET HIGHER - something BIG could be in the works here. 27 minutes ago via web
TCLIF Gurus next runner?
SGI
1. $NWTT Building HIGHER LOWS & a new base for the next breakout, buyers at these levels will want the stock moving HIGHER, "tick tock" 15 minutes ago via web
http://pennystockgurus.blogspot.com/
SSWC another volatile session found the stock ending the session down 22%. Volume was lighter than it has been in well over a week. I expect the stock to resume its climb tomorrow.
SkylabGlobal
1. $NWTT A new President could bring fresh ideas to the table & w/ a Reverse Merger anticipated - The stock could be set for a run HIGHER half a minute ago via web
Better to start lower and recover than gap and plunge.
http://stockreads.com/Stock-Newsletter.aspx?id=27298
SSWC has been a true outperformer and the rally in this play is showing no signs of slowing down. The chart pattern is pointing to higher prices with any and all dips being aggressively bought by eager long players. Yesterdays close of $0.0035 is a mere resting point on SSWC`s upward rise.
Yesterdays announcement that SSWC will be launching the Kenergy Solar Recharger for recharging iPods, iPhones and other small electronic devices has us very excited. It is precisely these types of innovative products that are going to drive sales to establish SSWC as a true market leader.
The market will be open shortly, make sure your orders are ready to go. More eyes on this today. GLTA.
HMIT...0013's hitting
HMIT .0013's!
HMIT...next leg up
HMIT....0012's
HMIT reversal....0012's hitting