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Wow, no trades and no posts in first 16 minutes. I guess everyone has a blanket over their heads awaiting friday. RCGOLD
Two hours and no trades, strange. It looks like somethings in the works. I,ve ckecked most news outlets and many mess. bds., no one knows anything.
Any info out there? RC
Silvertardette,
You say there,s not enough gold to go on a gold standard, lets look at this in two ways. First, the price of the DOW and gold met at $800 in 1980 (today that would be gold at $12,672) This meeting of the DOW and gold also happened about 80 years ago also. Second, About 1973 gold was $35 an ounce and today it,s at $1510 ($1510 divided by $35 equals 43). Now take that same 43 X $1510 and you get GOLD at $64,715. Will history repeat itself, I don,t know but never say never.
Just for fun take $37 silver X 43 and you get $1591. I think a gold and silver standard is possible but uncle sam would have to go on a big diet.
Food for thought only-LOL, RCGOLD
Hi W. Indian,
You might be right about about negotiations going on behind the scenes but I doupt it. I,m guessing they are over their heads since the BCSC disaster and have decided to hide until the PEA and full bulk samples are completed AND to HELL with the retail investers. Once again, they better have a damn good answear come the end of the second qtr. when they say news will bw issued.
Full discloser, I hold many thousands of shares with a CB of $3.57.
Best of luck to you and all the lurkers out there, RC
Wooden indian,
I,m amazed how RBY front office has gone from loved to distrusted. Myself i,m pi$$ed at them for almost no PR during and since the BCSC mess. I don,t want to rehash their broken promises and their PR grey/blackout here but i,ll tender no shares for less then $12 and only for F2.
Right now I will not vote for present CEO thru legal and auditor and especially no one on the BOD who are there to look out for the owners of this stock.
For me to change my mind they better have a dam good reason but i,ll never forgve them for keeping us uninformed.
Sorry for the rant, full disclosure--RBY is my largest holding in the mining sector.
Luck to all, RCGOLD
NYBOB,
Wow, you hit close to home with the Burke /wallace videos. My father was born in Wallace as was my older brother and sister. Dad told me stories of burke as a young man how he lost his azz in poker games and as a youth how he helped my great grand father run a still all this in the 1930,s.
Many thanks for stiring up the memories, RCGOLD
Great read Bullseye thanks for posting it. The only thing i saw that was distastful was the glowing remarks on the 2011 hedging. Half million oz. (20%) is not a good move IMHO.
I hate hedging and would like to hear what others think.
Best to all, RC
Just think what would have happened today if we had alittle PR fron IR!! RC
River,
I totally agree,IR is way behind the eightball on this. Please read my old post 5392.
Our time is comeing, Rcgold44
Top, hope your right this uptrend in silver price should not be missed.
Just checked scottrade for USSIF news releases, 21 days ago was the last. I,d think today would be a very good day for some drilling resaults and/or M&I upgrades, just about anything should do it.
Being a newbe here i,d like to know if anyone has made contact with IR about putting out a few news releases. In my head this is the reason for this lack of movement.
What say you, RCgold44
Elmer,
I,ve read the gov. went into the banks safety deposit boxes leaveing a voucher for the gold they removed. I,ve also read you were allowed to keep 20 oz. That was alot of money in those days. Sorry i have no link just something i read awhile back.
Keep in mind right after they lost their ozs. at $20 gold was revalued at about $35.
Lets all hope we,re not all made into criminals. LOL--RC
Montanore,
Thanks for the article, I don,t recall a national dealer paying over spot like that. Maybe we,re getting closer. RC
Clownsj,
I never said what is happening is good news, it,s just what is takeing place in the world today. We should all invest approptiately. Luck to you, RC
Rick,
I,ve been wondering why gold and silver are
tracking the dollar also. Anyone have an answear on this?
All heck is sure breaking out in Egypt causeing this big jump, i,m looking for a pull back soon.
RC
Hi NY,
I see your up late tonight, i wanted to say hi, you might remember me form serveral gold boards. It,s been a real pos week for us but hope we all keep in mind a few events that keeps my eyes looking foward.
Egypt is haveing a WTSHTF event, Saudi Arabia is stock pileing food stuff, somebody hit Iran with a worm (wasn,t us), US is spending 1.5 trillion in the hole this year, Obama wants to save 400 billion over 10 years (oboy big help), China just disclosed their stealth fighter that looks like ours (can you spell LEAKS), and on and on. P M,s will come thru this very soon, hang in there all.
Love the board, many thanks, RC
Rick S,
I,m a lurker catching up on my reading and i just noticed that you called for a thur. close of .525, congrats you only missed it by half a cent.
Myself, i lurk on IV, Ihub and Yahoo. Just recently purchased 10,000 shares of USSIF and stumbled onto this board. If you folks don,t mind i,ll junp in now and then. Right now i,m holding BRD, GG,GRS, NXG, RBY (very large holding), SGRCF, USSIF and UXG.
Best to all--RCGOLD44
A few facts and
things to look foward to.
resourse est. 4 mil oz at a cutoff grade of 5 grams per ton
13-16 mil estimated
resource based on drilling of 166,886 meters thru 7-31-10
41,702 meters drilled since
1000 ton bulk sample by end of dec
drilling on going
future 43-101 upgrade in 2011
future buyout bidding war by GG and ??
Enjoy the next few months, I am. Best of luck--RC
Why?
Sept. has been very strong for gold stocks, GG was just raised to $60 per scottrade alert and we also have Dec. & Jan. (good months) ahead. Also a possible RBY takeover which could add 10-20 million ozs. LOL-RCGOLD
Can,t beleive the lack of posts today, I watch and own GG-MFN-NGD-NXG-RBY and no posts, it,s about the same on IV board.
One would think James at least would put something up. Oh well off to lurk on Yahoo. LOL-RCGOLD
Yes we,ve taken a hit, for alot of us a double whack cuz of owning both GG and NGD.
It might be a good time to add, looking for a jump if this is resolved in our favor.
LOL, Rcgold44
Kristall., I,ve been lurking out here since I bot a small posistion in early Dec. I jumped in for the same reason Bird splitter did, the hope of the injunction being lifted. LOL-Rcgold44
Printmail, you,re saying exactly what I,ve been preaching.
Printmail, you sound like me a few years back, Wheeler sucks. Luck to you-RC
Right on RAYROHN,I would only add(YOU AIN,T SEEN NUTTIN YET)
For those who haven,t done any DD past two years take a hard look at 2002-2007, you might understand Wheeler better. LOL-RC
Rayrohm, right on i,ve been singing that song for three years now. IMHO, Wheeler is the worst CEO for the retail investor to come down the pike in along time.
Newbie, like I say in post no. 2109, Wheeler always find a way. LOL-RC
PD, to answer your question in one word, Wheeler. I owned CDE from from 2001 to about 2006 or so (don,t remember), got lucky and bot under $1 and sold about $5. Every time it appeared the price would take off Wheeler would pull off one of his dilution moves.
This stock was the second most frustateing stock i,ve ever owned, with NXG being no. 1. If you guys like silver look at SSRI AND SLW, no I don,t own either, all into GOLD. Luck to all-RC
Klonopin, good to see you on this board, maybe with your enthusiasm lurkers like me will show up.
This little miner reminds me of Wheaton River (WHT) only with much more potential. It will be fun to see if Rob will build a mine or sell out to GG again. Hard to beleive he would trust them to make a deal. RC
James, if we hit your 95 cents today i,ll be looking for your WAG of 30% jump from there. I think bowing down with admiration for this prediction would be appropriate. LOL-RC
James, why do you see a 30% jump if we hit .95? Hope you,re right, I,ll be about even on this thing. LOL--RC
Stockman, yea I bought a few more at $1.32 myself, couldn,t resist. I feel like i,m rideing a luge down the tube. Maybe Stowe will 50% of what he,s predicting and NXG will head to $3.50. LOL-RC
EZ, How in the heck can a highly rated management team with the retail investors bowing down to them fall so far? Look at Rubicon (RBY) up 6 cents today, why, management and promotion, of course 26 oz over something like 6 ft. doesn,t hurt, LOL-RC
EZ, thanks for the reply, only positive is stated, I would add Kemiss north to fortervilles $1000 per oz. to lack of promotion by Stowe and 5 or 6 others that I could throw in. I beleive they can turn this around and will wait untill end of Q4.
I have a hard time with NXG,s decline while most others gained big time last month. Hyno on IV board has been right on but has been stomped on by the pack mentality that exsits there. Even bugfox of all posters was jumped on, I hope all stays civil on IHub. LOL-RC
EZ, I,ve about had it with NXG also. I plan on waiting to see Q4 results for my final decision.
OT: Do you or anyone have a clue on what,s happening with the IV board? They were shutting down for about 8 hours Fri. or Sat. night and were up and running Sun. and then down that evening and down this mornining. Thanks-RC
Ax., thanks for the info, time to take a deep breath and wait for our resident bashers to spew forth. LOL-RC
Ax., where do you see this report is from "oct. of last year"? I have a copy in front of me marked for "immediate release august 03, 2008. Also on top of page "CDC press release-august 03, 2008". Thanks-RC
Fantastic find Otto, many thanks. Let me know what our two low life bashers have to say. RC
Otto, you nailed it. I,ve got sellshi-,doggy and cato on iggy and would encourage all to do the same. I especially detest cato do to his partial fake support of CBMC. To try and hurt any co. in this fasion, to me is about as sick as one can get. I still beleive all three posters are one twisted dude not different people. Nuff said-RC
For anyone that gives a rip, Cato your back on IGGY. Bye RC