Market Close
Leaving for Seattle to visit a doc, but back at the regular time tomorrow.
Don’t let them give you any flu or shingles vaccines! It’s a scam.
Most of modern medicine is.
Glaxo Chief – ‘Our Drugs Do Not Work On Most Patients’
Medical errors may be third leading cause of death in the U.S.
http://www.cnn.com/2016/05/03/health/medical-error-a-leading-cause-of-death/
I could post more but don’t want to depress you further.
Most of modern medicine is.
Glaxo Chief – ‘Our Drugs Do Not Work On Most Patients’
Medical errors may be third leading cause of death in the U.S.
http://www.cnn.com/2016/05/03/health/medical-error-a-leading-cause-of-death/
I could post more but don’t want to depress you further.
Thats more than a ‘may be’.
And that’s a conservative estimate, which doesn’t take into account factors like not being interested in treatments that aren’t highly lucrative, even if they are superior.
In addition to yesterday’s coverage of Hummingbird Resources, I found this:
Interesting! It’s shares need a rollback, though!
DFS – Did you check out the Hummingbird room I posted on yesterday’s blog?
Several of us were discussing their capital raising and dillution. If you scan up the blog there are some good comments worth reviewing.
In addition, I’m not sure if you’ll be able to see this panel discussion on African gold miners, but it has a great deal of content on a number of companies from a number of different investors. There are some interesting ideas if you go up the page and back to some of the older posts. If you can’t see the posts on this link, then find one that has a “#Africa” as that should be available for all to view.
Interesting holders of HUM.L, but Betts has less than 2%
http://www.hummingbirdresources.co.uk/corporate-ir/aim-rule-26/
I like the $595 per oz cost for first 5 years, so just put in an order to buy 5K shares, to start.
Are you talking about Avnel Gold ? They have an AISC of $595 for the first 5 years.
Yes, AVNZF filled at .285
Avnel Gold (AVNZF) is next in line for production on the heels of other W. African success stories with True Gold (who got acquired by Endeavour), Asanko who made it into production last year, and Roxgold who made it into production this year.
Avnel got their final permits, and a decision on building the mine is imminent. I’m sure there will be the normal hiccups as the mine is built and tested, but they’ve delivered on their business plan thus far and will have really low costs.
It will be an interesting story to follow as it develops.
Avnel Gold (AVK.TO) – 1 year chart:
ADX is turning up….
http://stockcharts.com/h-sc/ui?s=AVK.TO&p=D&yr=1&mn=0&dy=0&id=p54089405714
Hummingbird Resources plc (“Hummingbird” or the “Company”)
Appoints SENET & Project Manager for Yanfolila Gold Mine Construction
6 July 2016
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/HUM/12881596.html
Thanks, I’ll take a look.
Jay Taylor with Eric Coffin mentioned Colorado Resources and GMV Minerals (GMVMF) which I want to look into.
Colorado Resources has been on fire lately, but has gotten a bit frothy. I’ll have to look into GMV Minerals a little closer…
I sure thought silver would be trading above $21 by now.
FOMC meeting and NFP report this week. The manipulators cannot allow silver over the 50-week average of $20.50 before or during those meetings. So I expect suppression to continue until next Monday.
I saw this press release today and thought I’d post it since NuLegacy is a show sponsor:
____________________________________________________________________________
Waterton Precious Metals Fund II Cayman, LP – Update of NuLegacy Gold Corp. Holdings
TORONTO, Aug. 3, 2016
Nice silver hit!
Strategic Metals is another one of the more solid Prospect Generators.
America needs to look after itself and not let the globalist’s dictate who their leaders should be, I hope on August the 9th, the voters in Wisconsin vote out Paul Ryan the closet democrat. DT
There’s only one person in congress that I can think of that I would vote back in. The rest of them can / should be voted out. It’s sad when I can only think of one..
Alterra Power Corp. (AXY.TO)
$0.62 – +$0.02 (+3.33%) At close: 3:59 PM EDT
Volume – 2,317,043
Avg Vol (3m) – 261,811
* I’m posting this one on Alterra Power because there was 10 times the volume as usual.
– Anyone know if it was an institutional buyer in one big block or just lot of retail buyers?
Axy looks likes a lot of retail buyers. I scanned through sales, buyers and sellers.
Biggest block was 40K, No pattern of single buyers, unless one hedge fund used a lot of different brokers, which I doubt.
Thanks for checking it out DFS. I guess it was just a busy day in Renewable Energy.
Here’s an interesting article from PalisadeResearch on $UGE.V
UGE International Ltd Solar Power Is Getting UGE
August 3, 2016
https://www.ceo.ca/@palisaderesearch/uge-international-ltd-tsxvuge-solar-power-is-getting-uge
Ex,
They had a news release today of a new project start. The chart looks real good over all, and the company looks good, given the renewal element and the future of ” that type ” of energy stocks going forward. The energy sector is undergoing major changes with new technologies happening everywhere.
Thanks for the post!
Chartster – Thanks for the heads up on the catalyst for Alterra’s larger volume today.
Yep, “that type” of energy is on the move. I own shares in Alterra Power but hadn’t really had time to research what was cooking.
I’m going to dust off this article from Marin Katusa and post it here because he put out this interesting research report last year, and it ends with his recommendation of Alterra Power. Worth a quick review for anyone interested…..
Marin Katusa also put out this research on Renewable Energy, and it also ends in his recommendation of Alterra Power:
https://katusaresearch.com/was-obama-right-about-the-green-dream/
Our Energy Problem: Putting the Battery in Context
JEFF DESJARDINS on July 20, 2016
http://www.visualcapitalist.com/our-energy-problem-battery-context/
Hydro power – got it.
Shillary accidentally tells the truth…
WATCH: Crowd Cheers Clinton’s Call To ‘Raise Taxes On The Middle Class’
http://www.dailywire.com/news/8050/watch-crowd-cheers-clintons-call-raise-taxes-robert-kraychik
Of course the middle class is already paying higher taxes. It’s called Obammycare.
Is that a photo of the Omaha whale?
Trading was halted in Italy on a couple of banks today. (Limit down)
Not looking good.
https://m.youtube.com/watch?v=fkWyw98us_A
Jim Willie, recorded yesterday.
Also, I seem to remember Italy has a ban on shorting banks, still.
Golden Triangle Eskay Creek Rush series, BCTV 1989
Published on Aug 10, 2014
Classic 5 part BCTV series focused on the Golden Triangle north of Stewart, BC, hosted by Deb Hope. Includes promoting legends Murray Pezim, Eskay Creek; uncle Don McLeod and cousins Catherine and Bruce, plus Ron Netoltizky and others.
http://www.washingtontimes.com/news/2016/aug/3/obama-shortens-terms-214-prisoners/
The Bastard is freeing a whole bunch of drug dealers!
That’s on top of 346 commutations he did earlier this year.
Obama, “We’re winning the war on terror”
DFS,
Jim Willie and Bix Wier are spot on. I just listened to those two lately, but it’s what I have known (spoke about) already.
If you want to know about global economics and geopolitical plays? Those two are as good as you will find out there. They are quality, and obviously connected.
know”. Anyone seeking the global economic picture should listen to those guys. They explain what reality of global economics ” actually is “.
Weird, I erased half a post that posted. Hmm
Wonder why dead people are not purged from Illinois or Michigan voting rolls?
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSSL-2394573&symbol=SSL®ion=C
Looking good Sandstorm
August 03, 2016
Mine Pre-Development Work Now Complete At Proposed San Albino Open Pittable Gold Deposit; Trenching Returns 7.5 Metres Of 49.34 G/T Gold & 73.8 G/T Silver Along Strike
Golden Reign Resources Ltd. (TSX-V: GRR) (the “Company” or “Golden Reign”) is pleased to report results from further mine pre-development work at its wholly-owned San Albino Gold Deposit.
Can’t you feel the love?
Thanks for the post CFS.
+1
Yet, Warren Buffet and tens of millions of zombies think the Clintons are just great. The stupidest among them even believe she’s better than Trump. (I am not pro Trump but there is no way he would be worse than Hilary.)
+1
UK will have another banking crisis in my opinion.
Carney needs to go join the circus!
Cameron was on the right track with austerity, but he was attacked over and over by STUPID BBC econo-morons, and just got fed up.
May is ignorant of economics, alas. Does not look good, poor Limeys.
https://youtu.be/YuH2P_vmnIo
Many more are calling collapse, all over the world as property bubbles begin to collapse despite lowest interest rates.
Oil past the 41.42 important level where new buying comes in but my oil stocks are still dead.
According to IMF data, which trackscountries’ monthly gold holdings Albeit with a two-month lag in reporting, China bought monthly amounts of about 11 tons in January to April 2016, but kept bullion reserves unchanged in May.
For the time being the policy of painstaking monthly accruals seems set to continue , allowing Beijing to profit gradually from the rising gold price without causing any kind of disorderly buying in its wake; since it seems to back off purchases after price rises.
Compared with China, Russia has registered higher average monthly gold reserve purchases between January and June 2016 at 14 tons a month. But with over 300 tons less gold in its reserves than China, Russia would still need six years to close the gap with France and Italy. I do not know if the collusion between the countries will give Russia enough time, but I suspect Russia may step up its purchase rate.
Coupled with China’s rekindled strategic interest in gold, China’s Silk Road Fund, a multibillion dollar asset pool planning Euroasian trade and transport linkages, has been reported as discussing with China National Gold Group a joint bid for the Glencore-owned Vasilkovskoye gold mine in Kazakhstan, so even China is trying to increase its rate of accumulation without driving up price.
We may have the price correction that many are calling for in precious metals, with a greater one in stocks (because of the leveraging) but I find it inconceivable that it will be much other than a shorter-term blip!
As David Morgan likes to say, bull markets like to scare you out or wear you out.
The fundamentals, however, are positive. (Just my opinion)
Look at this figure:
Hate to tell you zerohedge, but you mislabeled this one.
The Brits ARE taking money out of banks, for their own protection, but it’s not in circulation, unless it is moving around under the mattresses as Brits have a hard time sleeping.
Wishing you all the best.