Fighting Terrorism
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- Segment 1-4: Lt. Colonel
James McKinney and Chris Martenson of Peak Prosperity discusses travel and how we are fighting terrorism. - Segment 5: Jayant Bhandari, Mining Investment Consultant, shares opportunities he is seeing in the resource sector.
- Segment 6: Jamie Varnhagen joins us to discuss her upcoming Self Directed Wealth Summit.
- Segment 7: Vincent Metcalfe, CFO of Falco Resources, provides an update on what investors can expect from the Company in the next couple months.
- Segment 8: Chris Temple of The National Investor wraps up the Jackson Hole meeting and comments on the moves in the market.
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Hey, Skeeta.
Hey DFS,
Thanks for the weekend show effort as usual fella’s.
Much appreciated.
Cheers.
DFS you beat me to it! Best to all and thanks once more, A
I just listened to the first hour.
I did not hear a discussion about terrorism!
I heard a discussion about allocation of resources.
Quite so.
I beg to disagree, Professor.
Jim stated, purely and simply, that we are being attacked by an idiology and not a country. He fèls that Israel is responding appropriately and that the Western World is not.
Al:
If you are going to discuss “fighting terrorism” you owe it to yourself and your listeners to discuss “creating terrorists.”
These guys didn’t pop out of a Cracker Jack box. Someone made them.
You are more than welcome to the last word on this one, Bob. Please don’t tell Cory and I how to run our show. You do your site and we will do ours.
Al:
You are the guy always telling me how you want to show both sides of an issue. You had a totally meaningless hour mumbling about fighting terrorism without a single word discussing how terrorists are made and why they suddenly became a problem.
Pull a bill or a coin out of your pocket and show me one with only a single side.
Bob,
You have discussed your side of this story numerous times on our Show as have many others. Why do I need to remind you of this? No burr, my friend, Your criticism and opinions are never held back from our site. How can you possibly disagree with this? You seem to be very critical and almost vindictive when the other side is given a forum. Sorry, my friend, but I truly believe in free speech.
I will repeat yet again, Bob, how many times has this opinion been voiced on our Show by you?
THE 3# AXIS OF EVIL AREA : ENGLAND: THE UNITED STATES : ISRAEL :
I remember the actions in Vietnam. I remember the US and other countries (Australia) taking in refugees from the area.
I don’t seem to recall many acts of terrorism with Vietnamese, Laotians or Cambodians as refugees shooting up or blowing up Americans in revenge.
And yet my impression of the Vietnamese War was that it involved the needless killing of many innocent people; perhaps more than in the Middle East.
DFS, that’s because the Viet Namese and Cambodian refugees were not muslims.
I have to say that you are crazy!
This comment replies to “ugly but proud”
Axis of evil – our CIA
ugly…stuff it jackass…
I wonder why it is in this age of multiculturalism, people are reluctant to even discuss religions and cultures, and their relative merits, morals and immoralities. They would seem to prefer to blindly assume that all religions and cultures are equivalent; equally acceptable. No discussion, no criticism, period.
Some people think their government is always right. No discussion, no criticism, period.
I certainly do not disagree with this, Professor!
The white elephants in the room are pleased at having been circumnavigated. Enough said?
I wonder why it is in the American culture, they prefer to seek their own solution to problems without looking at the rest of the world, to see if other countries have come up with a solution to a problem. (I’m thinking here about the Israeli use of profiling to avoid airplane highjaxckings, rather than the extensive and more costly TSA.). But since this is primarily an economics blog, I should not digress.
Again, Professor, I completely agree!
$VIX Daily on the moving average crossover of the 13-day and the 34-day EMA. Notable to the discussion is that volatility moved long before the outcome of the EU independence vote, the independence vote being the capitulation, or the end of the move. Note how the 89-week was tested in the days before the ma crossover in June.
Meant the 89-day, sorry.
Chris Martenson was clearly the star of the terrorism segment. He was well spoken and gently challenged the military expert. I wish Ron Paul was on the show to introduce the concept of blow back. Our military is never going to be the answer to terrorism and will likely continue to throw gas on an existing fire.
+1
plus dos
Ditto Mark
+4 Mark
Gimme 5 !
LPG
Our military is never going to be the answer to terrorism and will likely continue to throw gas on an existing fire.
And bankrupt the country. But our rulers would have it no other way.
Shocking Government Report Finds $6.5 Trillion In Taxpayer Funds “Unaccounted For”
http://www.zerohedge.com/news/2016-08-19/government-report-finds-65-trillion-taxpayer-funds-unaccounted
Please read my response to Mark Matia.
The “pent a gone “can’t find $ 8.5 Trillion,plus the other treasury mistake of $6.5
Bush only lost $2billion,when the missing skidLOAD of money was lost on the way it Iraq
Remember when ,Rummsy dumby feld,said the Pentagon was missing $2.3billion during 911.
To not it
Jerry..$2.3 Trillion
9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon
Billion ,trillion…pretty soon we are going to be talking some serious money….(who said that ?)
I believe that was Sen. Everett Dirksen.
Chris is clearly a very insightful and good person.
Should the military respond when we are clearly attacked by Terrorists? I pretty much agree if you are talking about U.S. involvement in the Middle East. My question to your refers to attacks against us as was the case with 911 and some other local U.S. attacks.
Al:
There were no terrorists in Iraq until we showed up. And the same is true in Libya and Syria. The basic question should be, just who is attacking who?
If someone is defending their home and family, village and country against a foreign power who has attacked them, why do we call them terrorists? What was the threat from Iraq or Libya or Syria? How long are we going to continue to wage war on behalf of Israel using the blood of our children and the last of our wealth?
good comments mr, Moriarty
for mark matia, Ebolan, and Robert Moriarty!
Sorry, I screwed up my other comment. Just wanted to say +1 to mark matia, Ebolan, and Robert Moriarty.
Bob M is spot on….
Bobby..same question to you….how is one defending his or her home or family when they lob the head off a person who has done nothing to them?????
Finally, some sanity. Thank you Gator
Gator that is a good question
I sure agree with you and it makes me a outcast even in my own Church. It is not many that feel that way but more are waking up to it every day.
Find a new church
Robert..how is one defending his or her home or family when they lob the head off a person who has done nothing to them?????
Not sure I understand that question to Bob, Gator, are you referring to isis or Saudi?
Pat Buchanan and Ron Paul summed it up correctly when they said, “They’re over here because we are over there.”
But this is exactly what your rulers want. Your rulers did nothing to stop 9/11. In fact it was the actions of your rulers that lead to the creation of Alqaeda and of ISIS.
And now your rulers plan to flood the country with millions of middle east immigrants and they know terrorists will be among them.
And this is exactly what your rulers want. Your rulers want your total submission, for you to be a serf or dead.
Got it?
Most people don’t get it and in fact think just the opposite, that their rulers love them and everything they do is for the children.
Baby Bush was right when he said “Freedumb is on the march.” 🙁
How many of you believed this at the time it was said?
WASHINGTON (CNN) — Noting the “remarkable developments” spreading from Cairo to Kabul, President Bush said Saturday that “the trend is clear: In the Middle East and throughout the world, freedom is on the march.”
Although Bushie did tell the truth once…and Rummy looked on approvingly…
Yes siree Bob….the true terrorists actually took over the U.S in a slow motion coup that started in the 50’s and was completed around 2001. Not sure how you reverse that, but I imagine it would take a serious political awakening to start. Not holding my breath;)
How long do we kill on behalf of Israel Mr Moriarity?
What was it the Talmud says? lol
What about Garon et al? lol
By the way, I loved the article concerning the Russian release of info,kinda puts things in perspective, its also amazing how the whereabouts of the 6 million # is concealed.
Thx for your efforts.
As sheep we must learn to bleat.
Al/Gator:
Are you seriously maintaining that the US had nothing to do with the creation of ISIS? Even the Pentagon admits that the Chinese Fire Drill in Iraq created ISIS.
When someone does something to you, like cut your head off, the first thing you need to do is ask, “Why is he so pissed?” Yes, Isis is a bunch of monsters.
We fund them, we give them weapons, Turkey buys the oil they steal, we created them in the first place and you maintain that we have done nothing to them.
Are you kidding or just willfully blind?
One country in the Middle East controls all the chaos and if you notice, they aren’t having any of their people’s heads cut off? When Israel wants peace in the middle east, we will have it. Until then we will have chaos, terrorists, death and destruction.
The funniest thing is that they pretend they aren’t behind it and they are the real victims.
Yea, right.
Our 2nd closest “friend” in the Middle East, Saudi Arabia, has been cutting off heads for a hundred years and Gator doesn’t say anything about that.
I guess Hillory Clinton addressed alternative news in a recent speech.
Its gotten enough influence now it has the “rulers” concerned.
The blogs, the efforts are having an effect.
Im surprised enough people know how to read. lol
Maybe all hope is not lost yet.
911 Story takes some research,..but the terrorists are not who we think,
OOTB:
911 doesn’t require any research. We know who did it. They bragged about it. They even painted a picture of the event on their trucks.
Bob M. …no argument here. Point being,one will not get that info on MSN.
That’s because of who controls the media in the US. And the political system, our entire congress and senate are bought and paid for.
I hear an awful lot of complaining and not a lot of constructive action from someone who lives offshore.
Robert, on this forum you are definitely preaching to the choir. You are certainly not the first one nor will you be the last one to day this. Do you have any idea how many times that I have said it?
Bob,…….l agree. I have been saying the same for many years.
Btw…..been a fan of yours about 11 yrs. Your ,zombie article on the 24th was great
Al, Bob attempts to puncture the sheeple’s propaganda-induced stupor. That is “constructive action” in my book.
Please notice Matthew that Bob I never censor in any way, shape or form on this site. As is no one else.
Al:
Would writing and book and dozens of articles talking about what we are facing in the world as a result of our warmongering and incredible stupidity financially perhaps qualify?
You need to pull that burr out of your saddle, bud.
Why don’t your military experts discuss something he should be an expert on, such as how to guarantee your side wins a war like this?
Clashes intensify between U.S.-backed groups in northern Syria
I wrote a whole book discussing where we are, how we got there and what will happen as a result. The best you can come up with is an “Expert” who can justify getting paid for 25 years to fight an enemy that we created. Some expert, he didn’t even mention you can’t fight terrorism. You can prevent it but you can’t fight it.
Bob, what is the name of your book? I will certainly read it.
The purpose of this hour was to discuss his side of the story. We will discuss the other side also.
Amazing how little coverage this got. Fox did a report on it shortly after 9/11 then it went down the memory hole, virtually no other msm mention. But what can you expect when it involves Israel.
With allies like this who needs enemies?
Be really interesting to see some more verification here.
Al:
You have moderators. I am not saying he’s wrong, that’s another issue but how is it that it never occurred to anyone to ask him, “by the way, where did all these terrorists come from?” You can’t fight something you don’t understand how it got there in the first place.
Yes, we have terrorists. The whole world has terrorists. Where did they come from? How is it that ISIS just popped out from no where all of a sudden?
The book is called The Art of Peace, it’s on Amazon and I discuss war, being in war, what we are doing wrong and what the result will be.
It’s not good. The US is headed over a cliff and the average American has no clue. It’s not just financial.
A couple of weeks ago I drove from Calais to Geneva. I saw one police car in 9 hours of driving. If you drive 120 miles from Phoenix to Tucson, you will see 30 police cars who have stopped cars and trucks. The US isn’t turning into a police state, it’s already there. If you get pulled over you can get killed for having a busted tail light. The borders are closing and soon it will not be possible to leave the US. I got out because I could.
So Israel was responsible, by its direct actions in the United States, for 911. Notice that I am not calling you stupid as you have insinuated that I am. I do find that to be a statement that is more than just a little interesting!
True Bob, a police state. I recall an article written by a fellow living under Pinochette, he said he could identify a police state when he saw one, meaning the states, and that was 2-3 years ago.
The frog got boiled.
mark matia, i would challenge your comment, that millitary can never be the solution.
If/when you have the strongest military in the world, there is always a possible military solution; I am just not sure that the American people have either the leadership or the stomach to achieve a solution. Look, for example, at the criticism Israel has to suffer to protect their citizens.
Please note: I am not saying a military solution is a best solution.
CFS..agree totally…
CFS/Gator:
The US had the strongest military in the world during Vietnam. We had B-52s doing carpet bombing with flights of up to 27 planes at a time and our “enemy” was carrying AK-47s.
We lost.
You never protect your citizens by waging war on imaginary enemies. You protect your citizens by being a good neighbor. Israel is not a good neighbor. Neither is the US.
When they learn to be good neighbors, we will have peace. Until they learn what peace is or are destroyed by what they have created, we will have death and destruction.
Israel pretending they are the victims is a real hoot.
The bankers never want to be good neighbors , just look at most of South America.
Thanks for posting Bob.
We can always count on you for keeping it real.
We can not solve our problems with the same level of thinking that created them.
-Albert Einstein-
I am not necessarily saying that Bob is wrong, but I will ask your JohnK, how can you be sure that he is not?
+2
This “+2” comment was supposed to be up under Mark’s comment, not here. I don’t know how it got under the wrong comment as I hadn’t even read down this far. I have now put +4 under Mark.
Gimme 5 !
LPG
Military is not the answer to terrorism. And Blow Back, Chalmers Johnson, in theory has some points. But outside of the intellectual and theoretical world, the end game winner is always who is more powerful and working with clear purpose, resources and unity. The United States requires a long term, comprehensive strategy, using all aspects of power (Political, Economic, Informational, Military, Social, Educational) to address a growing threat to western free markets and free thought. The very problem with our national strategy today – to many concerns about “blow-back” and not enough about how to win a battle we are not prepared to fight. Unfortunately, our adversaries are prepared, growing with power, using all aspects of power and subjugating a large portion of the planet. Read Huntington, Clash of Cultures – 20 years old but pretty spot on view of today’s struggles. And you may note historically, the player with the most powerful military dictates the future. You can “hope” soft power will work, but if the opponent has no desire to stop the fight, you are in for a painful lesson – we are learning it all over Europe and now in the US with growing terror attacks. Good luck with wishing it away, ignoring it, or hiding from it, Mr. Paul or Gary Johnson.
Yes Mark
I am not a shareholder of RGC, just out fishing for something.
https://www.caesarsreport.com/blog/redstar-gold-adds-sprott-to-its-list-of-major-shareholders/
Soros and the other oligarchs don’t want migrants to assimilate. They want to wipe out all national identity and destroy what is left of the middle class. Oh, the soros we’ve seen and will see!
Soros Admits Involvement In Migrant Crisis: ‘National Borders Are The Obstacle’
http://www.breitbart.com/london/2015/11/02/soros-admits-involvement-in-migrant-crisis-national-borders-are-the-obstacle/
Ebo…you are on the job today and posting some great info
Thanks, Jerry.
Unfortunately I am not known for tact, just my bluntness.
I just call it like I see it, as honestly as I can.
I best just cool off before I say something I regret….I will cool off by getting back to my sprouts…got to sprout some mung beans…never had a mung bean try to tax me or get me involved in a foreign adventure! 🙂
In that case Ebolan, the beans have to be our best friends!
Soros is pure evil. He and the other oligarchs (and our gooberment) want to create chaos in the Middle East so that hordes of migrants will be washed up on our shores and the shores of other countries.
In an editorial, the Post wrote about the sinister nature of Soros’s attacks on national sovereignty in the United States and throughout the West, and how immigration is at the core of his efforts.
The following excerpts from the August 22 editorial eloquently sum up what is at stake in our fight for true immigration reform:
Our World: Soros’s campaign of global chaos
…Then there are Soros’s actions on behalf of illegal immigration. From the US to Europe to Israel, Soros has implemented a worldwide push to use immigration to undermine the national identity and demographic composition of Western democracies. The leaked emails show that his groups have interfered in European elections to get politicians elected who support open border policies for immigrants from the Arab world and to financially and otherwise support journalists who report sympathetically on immigrants.
Soros’s groups are on the ground enabling illegal immigrants to enter the US and Europe. They have sought to influence US Supreme Court rulings on illegal immigration from Mexico. They have worked with Muslim and other groups to demonize Americans and Europeans who oppose open borders.
http://immigrationreform.com/2016/08/23/a-newspaper-editorial-sums-up-what-the-importance-of-the-leaked-soros-documents/?utm_source=ET&utm_medium=email&utm_campaign=Top508262016
Why can’t you people see that your rulers and their puppets want at best for you to be nothing more than a serf and at worst want you dead?
I think its interesting children used to be taught not to let strangers molest them.
Now we teach them dont let strangers molest them unless they’re in uniform.
Talk about brainwashing.
Agreed on this one, B!
TSA has nothing to do with security.
It’s sole purpose is to condition the sheeple.
And it’s worked perfectly. If the sheeple will allow their government masters to take porno scans of their children and feel ’em up what won’t the sheeple let their rulers and their minions do to them?
Says it all
https://www.youtube.com/watch?v=PclIEp2AnNM
TSA = Thieves and Sexual Assailants
No doubt there are some pervert s in the organ I zation
The point addressed by Mr McKinney on integration of immigrants is an interesting one to me because I grew up in an ethnic community many decades ago and I can tell you for a fact that many among us did not integrate back then either.
And that was not something anyone could control. Nor was it a threat. The community had its own newspaper, radio station, clubs, bars, restaurants, pool hall and even hair salons where no English was ever spoken. Even the local bank was conducting business on behalf of its customers in another language.
It doesn’t matter what the language was because that’s beside the point (it was European if you are curious) but all I am pointing out is that there is already something of a tradition among new immigrant groups to try to replicate home on foreign soil so they feel comfortable.
And plenty don’t fit in well at the beginning. Everyone ought to try living in a foreign country for a few years to know how that feels. Like square pegs in round holes. But that doesn’t make them all bad guys. They are displaced for the most part and don’t have local connections for work, dating, socializing or sport. So they fill in the blanks by bringing something from home to feel more comfortable.
Like setting up shops full of traditional foods from the old country. Having a local baker who caters to the different tastes and having halls available for banquets, weddings and funerals that were private affairs because they differed from local customs.
Its the kids who were integrated best. But some of the parents I knew back then (the few who are still alive) never learned English properly. One or two hardly knew a word even after decades because they lived inside an insular community that had established itself outside Europe like a lost island in the middle of an ocean.
Kind of funny really because I had not ever given it much thought until today but this is going back a long way and when I reflect on it not much is different with the newcomers these days. Even the paranoia and fear of outsiders by some communities is the same.
Its an old story more about how existing populations are the ones having a harder time adapting to strangers in their midst than it is about newcomers trying to fit in to an unfamiliar country.
Anyway, that might not be a post that is very well related to the topic but I just thought I would say a few words about integrating in a strange land since I have experienced it first hand quite a few times.
+1
As have I, Bird!
BIRD…I must say I have to agree with everything you just wrote, after all we are just human. The population of the world are tribes, some tribes get on well together , some tribes hate each other….Oh the fickle nature of people.
Thanks guys. Especially you Tony. I was shocked (SHOCKED) to actually read anyone agrees with anything I write on this blog anymore. That was a really interesting experience! 🙂
Maybe I will stop talking about gold. I might have more friends that way.
Re segment 3 Mike Hayden
“…make sure everything you did was legal…”
That’s hilarious.
“We have global responsibilities…”
Really? Who is we? And just what exactly are these responsibilities and who pays for them? Oh, and how many enemies will they make for me????
Re segment 3 “Defense” Spending
“What were spending to have the right aircraft…”
Again, hilarious if it weren’t so tragic.
The Jet That Ate the Pentagon
http://foreignpolicy.com/2012/04/26/the-jet-that-ate-the-pentagon/
McKinney is nothing but a brainwashed shill who all his adult life has been part of a corrupt and evil system.
Eddie, trus me you are not correct or even close.
Believe me or not, it is your choicr.
Ebolan, of course Mckinney is brainwashed, but most people are.
Have you ever been in those theaters? Probably not!
No need Al, I understand who the terrorists are.
When our military is inside someone elses country, who is the terrorist?
A good deal of brainwashing work went into preventing people from seeing the obvious.
Thank the 30-40s facist socialist political parties, tell a lie long and loud enough people believe anything.
Like, “we are molesting your daughter for her own safety”, and people do an Elvis, “thank you, thank you very much”.
Next thing the police will be doing strip searches of women right on streets in the open, oops sorry, they all ready do that.
But no, we are not terrorists, its for our own darn good.lol
My new saying, “as sheep must learn to bleat”.
Well duh!
Of course the terrorists are the invaders.
How can anyone disagree with that?
Would you have that opinion if you felt that he did not agree with the govt?
I suggest that you become aware of all the facts before you make a statement. I am certainly not un-guilty of what I am perhaps accusing you of doing by the way!
unguilty? lol I like that.
To me its just black and white.
There is no way to gather all the facts, we have to go with what we have.
We invade, we supply arms, we assasinate etc etc we the terrorists.
1,1 million Surface mine at 7gpt,but no cash.
Never heard of Loncor before, but interesting find Pete. I like West Africa much more than Central Africa, as a rule of thumb, and the Congo has been of concern in the past. However, I’ve been willing to give Ivanhoe Mines a chance at their copper project in the Congo; mostly because I feel like Robert Friedland can pull it off.
While on Africa the companies that have caught my attention are Roxgold, Avnel Gold, Teranga Gold (acquiring Gryphon Minerals), West African Resources, Hummingbird Resources, Perseus Mining, Resolute Mining, Cardinal Resources, Castle Peak Mining, Sarama Resources, Savary Gold, Azumah Resources, Asante Gold, African Gold Group, Burey Gold, Thor Explorations, Pelangio explorations, Aureus Mining, Axmin Inc, Asanko Gold, and I did check out the one you posted on recently Merrex Gold. At the end of last week, after all the destruction in share price and reaction by the marketplace with Orezone, I decided to finally start a position. The new info on the reduced resource estimates comes out on the 7th of September, but all indications are that they are moving forward with the mine (just with less oxide resources near surface, and they are using a higher cutoff grade now for economic reasons.
Yes,i am betting on Friedland as well.
I have been thinking about having a bit of a plunge on IVN – I listened to an interview between Rick Rule and Friedland…quite convincing. Friedland was basically saying that the mine is fully funded, whilst RR was saying that IVN has three of the best resources in the world all within one company…they were indicating that IVN could be the type of company to set and forget – allow Friedland to ramp up production over the coming 3-5 years and let the value of IVN compound away. Any thoughts?
Agreed. They have a world class Copper/Gold asset, a world class Zinc/Copper asset, and a world class PGM project all in development. The drawback is that 2 are in the Congo and one is S. Africa.
Here is their Corporate Presentation as a starting off point if you’re interested:
https://www.ivanhoemines.com/assets/docs/ppt/corporate-presentation-august-2016.pdf
If you scan up the page and look at the older comments in this chat room, then there are number of technical and fundamental data points from investors discussing Ivanhoe mines and related companies.
Hey McKinney,
Wake the F up. This country is $20 trillion in debt and has hundreds of trillions of unfunded liabilities.
We can’t any more of your foreign adventures.
The guy has been brainwashed
He has a big pension to protect if he is retired officer.
Jerry and Eddie, You are both barking up the wrong tree.
Since you’re the man ,I will trust your judgement ,and give him some slack
Thank you Jerry. He is not what some on this site think that he is.
Mr. Big Al Korelin,
This country could be safe and for a fraction of what is now being spent on so-called defense.
All that has to be done is for our gooberment to announce it will stop meddling in the affairs of countries (and nearly all countries throughout the world) as it has been doing for well over a century. For crying out loud it was the meddling of our gooberment that lead to Alqaida and ISIS!
The gooberment should defend our borders and leave the rest of the world the hell alone.
The gooberment should make it abundantly clear that we will leave others alone and we expect the same. If not, we will react severely but justly.
If this were the policy we would be infinitely safer and at a fraction of the cost, but that’s not what the oligarchs that rule us want.
We and the people in other countries are just pawns to them to be taxed, used and then disposed of.
Mr. McKinney is part of the problem, not the solution. He worked and continues to work for the oligarchs, Mr. Big Al, not for you or for me or anyone like us.
If this country continues to believe what the McKinney’s are peddling we will have enemies throughout the world and therefore continuous war and that naturally leads to further erosion of our freedom and the gooberment stealing ever more of what’s left of our wealth. And all that leads to bankruptcy and tyranny!
Why is this so hard to understand?
trust me Eddie, we are talking apples and oranges here.
Smedly Butler, “war is a racket”
anything else is brainwash.
trust me Eddie, we are talking apples and oranges here.
Some pretty bad apples…
6 gpt deposit.
Hi guys
Segment 5….I think this might be related somewhat to Dan and Ken Ameduri at Future Money Trends…..hey, these guys go out and get stories about VALUE. Yes there is some marketing push..but they work real hard to get the story OUT..down the road the companies THAT HOLD PROVEN RESERVES are going to take off……A company like K92 mining is just in a SWEET SPOT for investing thats all…as far as First Mining Finance…you are looking at a very very aggressive – and a very astute visionary – Keith Neumeyer and Patrick Donelly….THE ONLY reason I got HEAVY into them is that in the medium to LONG term they are a real real good bet…period end of story..in the mining sector it is all about proven abilities and a PROVEN history of past performance…e.g. Neumeyer, Beatty, Guistra, Quartermain…I AM HOOKING MY PONY TO THE FASTEST/STRONGEST race horses out there…are there other successful people yes…but you got to got with the ones that can “run the fastest” in this horse race….
Golden Arrow resources has 30 million ounces of proven reserves in silver…..they will go up A LOT when this sector really starts to hum……JMO
I don’t own Golden Arrow but those who do and heeded the technical situation that I pointed out on 6/16 could have enjoyed another double…
Nice action in Golden Arrow.
Hi Matthew,
I wonder if you have a moment to provide a view on PERSEUS mining.
Held it off an on over the years. Skeeta are you a holder?
Lowly valued by the market as they had a poor operational year.
Cheers and thanks
Chris
Hi Chris, it looks like it will probably head lower (possibly back into the high .30s) but I like the chart from a bigger picture standpoint. There’s a lot of energy stored in a base that spans more than two years. As with so many miners, a higher gold price is probably all that is needed to get the real move started.
SDMARC,
You are right about quality,proven management etc,those companies are easy to find,i´m holding a portfolio of those,
But in the meantime i am trying to find a one -eyed horse that can beat the fastest horse.
Crappy companies with poor fundamentals can sometimes outperform quality ones.
If i see a opportunity to ride something up,i´ll take it,quality or not.
Just my thoughts.
I am not saying that the companies i posted today are crap BTW.
Ha! Funny. I’d rather see the best of the worst, or underdogs, or misunderstood companies than crap anyway. Thanks for the company posts up above Pete!
Pete
Fair enough and yes I completely agree! e.g. spanish mountain gold, perseus mining…etc etc…:))
Hey Pete – funny analogy with the one-eyed horse beating the fastest horse. From my perspective it is more about looking for value as SDMARC was mentioning and finding the good teams (for the long term), but also looking for unrecognized or undervalued opportunities. Sometimes that may show up in a company others consider “crappy” as you mentioned, but if a company is truly junk I don’t typically touch it. There are also small unknown, unloved, or forgotten companies that have an unknown trajectory in front of them, and based on sizing up their land, neighbors, key investors, exploration thesis, development plan, or mining improvements, then I’m willing to take the risk on the project and swing for the fences.
Personally I like finding tier 2 mines with smaller producers over the tier 1 mines with the massive following of the household names. I am also typically looking for management teams that may be from a prior successful company that migrate 3-4 of their coworkers into a new venture with a few players from another company to form a new Brady Bunch. I have particular interest in advanced exploration, development, near term producers, and the small producers, but like some of the mid-tiers and prospect generators as well.
Excelsior –
excellent comments as usual..:))
Right back atcha SDMARC….. I agree with your primary point about backing the solid management teams with a history of delivering for shareholders.
Of course i didn´t mean the truly junk ones.
Thanks,Excelsior and SDMARC.
Yep..peace guys!!!!
Well I didn’t think so, but it has been quite en vogue with many investors and many newsletter writers to get back into the sport of Zombie Hunting. I’ll confess to combing over the zombies looking for projects that actually make sense if someone partners with them, invests in them, or takes them over.
Admittedly, sometimes these “Zombie Hunters” do dig up a real turnaround story or find a development pearl, but many of the zombie companies need to be left in the realm of the dead. I will say this though, sometimes when a good project is perceived as crappy or a zombie, but really it is fine but with the wrong image in the marketplace, I’ll give those companies a chance and have experienced some of my largest gains on those kinds of “re-rating events”.
Lastly, beauty in business, as in life, is in the eye of the beholder, and one man’s trash is another man’s treasure….
There are some Zombies that did come up with financing lately, and they’ll get a second chance to prove their concept, and if it doesn’t happen this round, then that’s the end of the road for them, so a few of these times are highly motivated to deliver (especially in a rising metals price environment).
In addition, a number of the properties that many prospect generators hold are locked up with Zombie companies, with no real movement, but a well placed JV, or M&A could light up that royalty or earn-in opportunity with a nice surprise to the upside.
I will say there is one kind of Zombie that is attractive to me, and those are Zombies that boarder existing mines, a continuation of a trend, a district play, or an area play. These zombies are typically at rock bottom, and if you watch their trading, insider buying/selling, and board of director changes carefully, you can sometimes get in front of takeover situations for a nice spike. Those Zombies can be worth the risk, but they can also be dead money or worse a dilution factory for years……which is extremely risky. Gotta choose any zombie with the most speculative of funds and with the realistic expectations that most really will stay dead, even if they get up and walk around once in awhile. There are a few Zombies though that will eat financing or real drill results, and become a force to be reckoned with.
Ex,
I hear you and Matthew talk about Scorpio Gold from time to time and from what I can gather you both seem to like it. From what I can tell its a very small operation with average gold metrics and kind of hard to define as a high quality producer going forward. The great unknown to me is how much genuine “blue sky” and “life of mine” is still available to be exploited on their property claims.
I would be interested if you could give a few key points as to why you guys like it, or if you have cooled on company. Do you like it going forward or just use it primarily as a trading vehicle.
Thank you
V
Vortex, you are correct about Scorpio. It is a small operation with roughly average economics. In addition, its LOM (life of mine) is quite short at the moment, which is most likely the main reason it is so undervalued relative to its peers.
It currently trades at .6x book; .19x sales; 1.19x cash flow (according to IB and Morningstar) and has working capital equal to about 85% of its market cap.
For comparison, Wesdome Gold Mines trades at 2.65x book; 3.81x sales; 23.65x cash flow and has working capital equal to roughly 5% of its market cap.
So I believe that the market is too focused on Scorpio as a producer and has failed to value it properly for its exploration potential at both Mineral Ridge and Goldwedge -and the good possibility that they will begin mining the Custer target in 2017.
$10M is not a lot for this kind of potential in a great jurisdiction – especially in a bull market.
Speaking of jurisdiction, average to high cost U.S. producers have yet to enjoy the advantages of having a weak currency that so many others have. They will soon, in my opinion, and that just adds to the speculative appeal.
I own more than 1% of the company and was a buyer yesterday.
Matthew,
Thanks for the in-puts. I take it you think there is considerably more gold yet to be found on their properties?
Holy smokes, using Wesdome Gold as a comparison. We could only dream about Scorpio pulling those kinds of numbers in drill results. Unfortunately I don’t own any Wesdome but sure wish I did.
I’ll continue to conduct more DD on Scorpio as I’m doing on many others and of course follow you’re thoughts as well as others. I’m very close to adding an extensive collection of new near-term producers/explorers to my portfolio.
Needless to say I’m as excited about the prospects of gold and silver and the resource sector as you and Ex are.
Thanks
Hey Vortex,
Yes, I do like the prospects for Scorpio Gold to outperform their peer group in the “Small Gold Producers” sub-sector (Gold producers doing under 100,000 ounces per year). I expect most of the Small gold producers to outperform the Mid-Tier and Majors as a general rule of thumb, [but of course there are small producers that may not take off and Mid-tiers that may outperform].
I have a great deal of respect for Peter Hawley as the guy that launched Scorpio Mining, which split into 2 companies:
1) Scorpio Silver (which became US Silver & Gold during their merger, and is now the company named Americas Silver Corp – one of my favorites in the Silver space for the mid to longer term). It is similar in that it is not the best run or most economic Silver company, but it is one of the more undervalued Silver producers, that has a huge amount of exploration upside.
2) Scorpio Gold – I view them as being undervalued on many metrics relative to their peers {as Matthew pointed out quite well in his response above}. (Nice Matthew)
I also believe in their exploration being the upside surprise that the marketplace has not even close to value in their shareprice, not to mention their mill on standby.
What is crazy to me is when there are dead-beat explorers with moose pasture getting bids for a few marginal drill holes, but then you have small producers with an active mine, and the experience & revenues to develop other targets at secondary exploration projects — but relatively no value factored in.
There are variables for what are good grades, and depends on the depth, ease of mining, and type of ore for recovery, etc… but generally 1.5 g/t gold to 3 g/t is average these days. You can see the results of some of their drill results below.
These are why I am excited to see how some of these targets develop.
May 03, 2016
Scorpio Gold Reports Results from 2016 Definition Drilling on the Custer Deposit, Mineral Ridge Project, Nevada
Highlights from 2016 RC drilling at the Custer target include:
MR161950: 3.69 grams per tonne (“g/t”) gold over 6.10 meters
MR161986: 13.99 g/t gold over 1.52 meters
MR161987: 5.33 g/t gold over 3.05 meters
MR162012: 2.09 g/t gold over 9.14 meters
MR162013: 2.15 g/t gold over 4.57 meters
MR162018: 9.15 g/t gold over 1.52 meters
MR162019: 3.27 g/t gold over 3.05 meters
MR162021 8.16 g/t gold over 3.05 meters
MR162023 6.70 g/t gold over 3.05 meters
May 10, 2016
Scorpio Gold Reports Results from 2016 Exploration Drilling at the Defiance Target, Mineral Ridge Project, Nevada
Highlights from RC drilling in 2016 on the Defiance target include:
MR161939: 2.06 grams per tonne (“g/t”) gold over 3.05 meters
MR161942: 6.45 g/t gold over 1.52 meters
MR161944: 2.47 g/t gold over 1.52 meters
MR161947: 2.33 g/t gold over 3.05 meters
MR161990: 2.47 g/t gold over 1.52 meters
MR161992: 3.57 g/t gold over 1.52 meters
MR161995: 2.16 g/t gold over 1.52 meters
MR162025: 2.47 g/t gold over 3.05 meters
MR162026: 9.84 g/t gold over 1.52 meters
–> Paris Target – May 25, 2016 – First-pass drilling in 2016 intersected mineralization in 19 of 24 RC holes collared over a 150 x 450 meter area. Based on a review of the geology and assay results, Paris is not considered a continuation of the Drinkwater trend. No further drilling is currently planned in the Paris target area. **** {So what I like about this is they didn’t knock it out of the park on this target, and they’re willing to stop and move on – but there was still gold at this target that may come into play down the road, but not at current prices, and they have better targets to focus on at present}.
—> Dec 21, 2015
Scorpio Gold Reports Results of Exploration Drilling at the State Bank Target, Mineral Ridge Project, Nevada
Highlights from RC drilling on the State Bank target include:
MR141071: 1.33 grams per tonne (“g/t”) gold over 9.14 meters
MR141087: 1.89 g/t gold over 9.14 meters
MR141088: 1.31 g/t gold over 3.05 meters
MR141093: 2.85 g/t gold over 1.52 meters
MR141095: 1.87 g/t gold over 3.05 meters
MR151732: 2.51 g/t gold over 6.10 meters
MR151899: 9.98 g/t gold over 1.52 meters
MR151900: 17.02 g/t gold over 3.05 meters
Goldwedge (This is their other property and it is very prospective for future development & production)
In 2015, the Company drilled 21 core holes from 6 underground drill stations totalling 4,695 ft (1,431 m). Mineralization of interest (0.03 OPT or 1.0 g/t and greater) was intersected in all 21 underground holes drilled in 2015. Results considered of significance for this deposit (0.10 OPT or 3.3 g/t and greater) were returned in 9 of the 21 holes
Goldwege Mill Facility
Scorpio Gold rehabilitated the mill facility and surrounding infrastructure in 2013. In 2014, the Company undertook batch processing of high-grade Mineral Ridge ore on a test basis to optimize the milling circuit for the recovery of coarse gold. In Q1 2015, 1,392 tonnes of Mineral Ridge ore were processed grading on average 8.87 g/t gold. The mill has since been placed on a care and maintenance basis and can be restarted immediately when needed.
****So I find it to be a huge advantage for Scorpio Gold to have this rehabilitated and permitted Mill in place and they’ve already got proof of concept that it can process ore. I’m not sure what that is worth, but it is a hell of a lot more than what the market is giving them credit for at present.
Lastly, let’s talk Peter….
Peter J. Hawley, BSc, BEng, PGeo
CEO, Chairman & Director
“Peter Hawley, founder of Scorpio Mining Corporation, served as CEO of that company from 1998 until November 2010 and is currently a director. He has over 30 years of mining industry experience that spans grassroots exploration through to development and production and has worked extensively with a large number of intermediate and senior mining companies including Teck, Noranda, Placer Dome and Barrick Gold. Mr. Hawley is also highly experienced in private and public company financing and corporate administration.”
**I’ve noted that Peter was just added to the Board of Directors of Defiance Silver, and that it would be very interesting if Americas Silver were to JV with Defiance on their property and get a partial stake in that project.
Here is that press release where Peter is now on the Board of Directors at Defiance:
__________________________________________________________________________
Defiance Appoints Mine Developer as Chairman
July 21st, 2016
Defiance Silver Corp. (“Defiance”) is pleased to announce that Peter J. Hawley, BSc, BEng, PGeo. has joined Defiance as a Director and Chairman of the Board.
https://www.defiancesilver.com/news/defiance-appoints-mine-developer-as-chairman
I would just add one thing that there are actually about a dozen small producers, that are undervalued in a similar way as Scorpio Gold. There are about 50 Small producers doing under 100,000 ounces per year, and some are at shocking valuations and they will just absolutely go on a tear if gold gets up above $1400-$1500 over the next 2 years.
There are also a slew of Development stage companies (over 50) that are at very intriguing valuations and will either get bought out or go into production in the next 2 years. Some of these companies like the Pretiums & Seabridges of the world have taken off, but there are tons that go unnoticed that are making legitimate progress to going into production.
These are the companies that have my interest and I am starting to build positions in a number of them, because I see them as an area that didn’t get too frothy yet, and stands to have the most torque once the metals add 10% more +.
Ex, its always a pleasure to read you and Matthews outstanding analysis and observations on the mining sector.
Really just a fabulous effort all the way around. I look forward to many more detailed posts on some of your favorite deep value picks still remaining to be harvested for future profits.
Thank you
V
Agree with V,
Thanks fella’s, much appreciated as always.
Cheers.
A pair of star performers. Thanks as always., A
Thanks to you both for this discussion. I’ve been out for some time and now want to find some entry points. eom
A Bit More Downside Potential in Gold Stocks
By Jordan Roy-Byrne, CMT, MFTA — Published: Friday, 26 August 2016
Gold Juniors’ Q2’16 Fundamentals
Adam Hamilton – Aug 26, 2016
http://www.321gold.com/editorials/hamilton/hamilton082616.html
Hey ,no metals talk,this is political weekend 🙂
Darn – I thought I could sneak in a few editorials….. (pssst…. this never happened, we were never here…..)
There are about 50 Small producers doing under 100,000 ounces per year, and some are at shocking valuations and they will just absolutely go on a tear if gold gets up above $1400-$1500 over the next 2 years. hope you will share your thoughts on these in the future. thanks for your help, much appreciated. dw
I would also like to know more about those that have shocking valuations. How many are in the $10m – $30M range?
For now I’m just going to post the primary Gold Producers. There are actually some attractive and undervalued Mid-Tier companies as well. [note, this does not account for many of the primary Silver or Copper producers that have a nice amount of Gold production, but there are a few peppered in that have a healthy Gold production component]
__________________________________________________________________________
[I’m defining Majors as companies producing over 1 Million Gold Ounces per year]
GOLD Major Producers Symbol
AGNICO EAGLE MINES LTD AEM
ANGLOGOLD ASHANTI LTD AU
BARRICK GOLD CORPORATION ABX
GOLD FIELDS LTD GFI
GOLDCORP INC GG
HARMONY GOLD MINING COMPANY LTD HMY
KINROSS GOLD CORPORATION KGC
NEWCREST MINING LTD NCMGF
NEWMONT MINING CORPORATION NEM
POLYMETAL INTERNATIONAL AUCOY
RANDGOLD RESOURCES LTD GOLD
SIBANYE GOLD LIMITED SBGL
YAMANA GOLD INC AUY
[I’m defining Mid-Tier Gold Producers as companies producing over 100,000 ounces but less than 1 Million Gold Ounces per year]
Gold – Mid-Tier Producers Symbol
ACACIA MNG PLC (BRITAIN) ABGLF
ALACER GOLD CORP ALIAF
ALAMOS GOLD INC AGI
ARGONAUT GOLD LTD ARNGF
ASANKO GOLD INC AKG
B2 GOLD CORPORATION BTG
BANRO CORPORATION BAA
BEADELL RESOURCES LTD BDREF
CENTAMIN PLC CELTF
CENTERRA GOLD INC CAGDF
CHINA GOLD INTERNATIONAL RESOURCES CORP JINFF
DETOUR GOLD CORPORATION DRGDF
DRDGOLD LTD DRD
DUNDEE PRECIOUS METALS INC DPMLF
ELDORADO GOLD CORPORATION EGO
ENDEAVOUR MINING CORPORATION EDVMF
EVOLUTION MINING LTD CAHPF
HECLA MINING COMPANY HL
HIGHLAND GOLD MINING LTD HGHGF
IAMGOLD CORPORATION IAG
KINGSGATE CONSOLIDATED LTD KSKGY
KIRKLAND LAKE GOLD INC KGILF
KLONDEX MINES LTD KLDX
KOZA ALTIN ISLEMELERI A S KOZAY
MANDALAY RESOURCES CORP MNDJF
MCEWEN MINING INC MUX
NEWMARKET GOLD INC NMKTF
NORD GOLD NV NRDVY
NORTHERN STAR RESOURCES LTD NESRF
OCEANAGOLD CORPORATION OCANF
ORVANA MINERALS CORPORATION ORVMF
PAN AFRICAN RESOURCES PAFRF
PERSEUS MINING LTD PMNXF
PRIMERO MINING CORP PPP
RAMELIUS RESOURCES LTD RMLRF
RESOLUTE MINING LTD RMGGF
RICHMONT MINES INC RIC
SARACEN MINERAL HOLDINGS SCEXF
SEMAFO INC SEMFF
SILVER LAKE RESOURCES LTD SVLKF
ZHAOJIN MINING INDUSTRY COMPANY LTD ZHAOF
[I’m defining Small Gold Producers as companies producing less than 100,000 ounces of Gold per year] *** Lots of good value in the companies on this list.
Gold – Small Producers Symbol
ABM RESOURCES ABU.AX
AUSTRAL GOLD LTD AGLDF
ALKANE RESOURCES LTD ALKEF
AURELIA METALS AMI.AX
AURA MINERALS INC ARMZF
AUREUS MINING INC ARSMF
CALEDONIA MINING CORPORATION CALVF
CRATER GOLD CGN.AX
CLEVELAND MINING COMPANY LTD CLVMF
CADAN RESOURCES CXD.V
DORAY MINERALS LTD DRM.AX
EL CAPITAN PRECIOUS METALS INC ECPN
EXCELSIOR GOLD LTD EXG.AX
GOGOLD RESOURCES INC GLGDF
GOLD RESOURCE CORPORATION GORO
GOLDEN QUEEN MINING COMPANY LTD GQMNF
GUYANA GOLDFIELDS INC GUYFF
GOLDSOURCE MINES INC GXSFF
HAVILAH RESOURCES HAV.AX
INCA ONE GOLD CORP INCAF
JAGUAR MINING INC JAGGF
KIDMAN RESOURCES KDR.AX
COMSTOCK MINING INC LODE
MEDUSA MINING LTD MDSMF
METANOR RESOURCES INC MEAOF
MILLENIUM MINERALS LTD MOY.AX
MAYA GOLD MYAGF
OROSUR MINING INC OROXF
ORVANA MINERALS CORPORATION ORVMF
PATAGONIA GOLD PLC PATAF
PREMIER GOLD MINES LTD PIRGF
RAMBLER METALS & MINING PLC RBMTF
REGIS RESOURCES N.L. RGRNF
RAMELIUS RESOURCES LTD RMLRF
ROXGOLD INC ROGFF
SANDFIRE RESOURCES SFRRF
SULLIDEN MINING CAPITAL SMC.TO
SCORPIO GOLD CORP SRCRF
ST BARBARA LTD STBMF
TERANGA GOLD CORP CDA TGCDF
TIMMINS GOLD CORPORATION TGD
TOREX GOLD RESOURCES INCORPORATED TORXF
GRAN COLOMBIA GOLD CORP TPRFF
TROY RESOURCES LTD TRYRF
WESDOME GOLD MINES LTD WDOFF
The list I am most excited about is the “Development Stage” “Near-Term Producers” and “Advanced Deposit Exploration companies list”. Unfortunately I have not had time to finish pruning that list, but along with the “Small Gold Producers” list, it is one of the areas I see the most upside in. Maybe I can get it together for later in the week or next weekend.
There are a number of smaller Mid-Tier Producers and Small Producers worth reviewing for now……
Enjoy!
Darn – I didn’t graduate a few of the smalls up to mid-tiers on this list (sorry I have about 8 different spreadsheets open that I am trying to consolidate in the 3 lists of Gold producers. So I see a few mistakes already (like Orvana is a Mid tier not a Small, etc….) You get the general idea though, and everyone can do their own due diligence.
Sorry the list of Mid-Tiers and Small producers posted above is not correct, and I should have double-checked before posting it.
I had moved Orvana Minerals and Ramelius Resources up to the Mid-Tier list, but forgot to remove them from the Small Producer list.
Please also graduate Teranga Gold, Torex Gold, Guyana Goldfields, St Barbara LTD, Regis Resources, and Gran Colombia Gold Corp up to the Mid-Tiers. 🙂
It should also be noted that both Jaguar and Timmins are pushing 90,000+ for 2016 so they are both getting ready to graduate in 2017. 😉
Maya Gold & Silver should really just be on the Silver Producing list, as they report in Silver Eq. ounces, and their 2nd development project they are working on is polymetallic (lead, zinc, silver, gold), but will likely revolve around Silver equivalent ounces.
They’re a great little company that I’m a fan of, but they’re getting removed from the Gold list moving forward.
Rambler Metals is really more Copper than Gold, but I’m leaving it on with the small gold producers as a reminder that they track both.
Medusa Mining did just over 108,000 ounces for the full year ended in June, and target 110,000+ ounces moving forward, so I guess they need to be graduated to the the Mid-tier group as well.
Wow, Ex, thanks for taking the time. You listed several that I am not familiar with.
OK – because the above lists are a cluster, with many substitutions needed, and because I forgot a few Aussie companies on the first attempt, here are the corrected Mid-Tier Gold Producers with 100,000 – 1,000,000 per year:
Gold – Mid-Tier Producers Symbol
ACACIA MNG PLC (BRITAIN) ABGLF
ALACER GOLD CORP ALIAF
ALAMOS GOLD INC AGI
ARGONAUT GOLD LTD ARNGF
ASANKO GOLD INC AKG
B2 GOLD CORPORATION BTG
BANRO CORPORATION BAA
BEADELL RESOURCES LTD BDREF
CENTAMIN PLC CELTF
CENTERRA GOLD INC CAGDF
CHINA GOLD INTERNATIONAL RESOURCES CORP JINFF
DETOUR GOLD CORPORATION DRGDF
DRDGOLD LTD DRD
DUNDEE PRECIOUS METALS INC DPMLF
ELDORADO GOLD CORPORATION EGO
ENDEAVOUR MINING CORPORATION EDVMF
EVOLUTION MINING LTD CAHPF
GRAN COLOMBIA GOLD CORP TPRFF
GUYANA GOLDFIELDS INC GUYFF
HECLA MINING COMPANY HL
HIGHLAND GOLD MINING LTD HGHGF
IAMGOLD CORPORATION IAG
KINGSGATE CONSOLIDATED LTD KSKGY
KIRKLAND LAKE GOLD INC KGILF
KLONDEX MINES LTD KLDX
KOZA ALTIN ISLEMELERI A S KOZAY
MANDALAY RESOURCES CORP MNDJF
MCEWEN MINING INC MUX
MEDUSA MINING LTD MDSMF
METALS X LTD MLXEF
NEWMARKET GOLD INC NMKTF
NORD GOLD NV NRDVY
NORTHERN STAR RESOURCES LTD NESRF
OCEANAGOLD CORPORATION OCANF
ORVANA MINERALS CORPORATION ORVMF
PAN AFRICAN RESOURCES PAFRF
PERSEUS MINING LTD PMNXF
PRIMERO MINING CORP PPP
RAMELIUS RESOURCES LTD RMLRF
REGIS RESOURCES N.L. RGRNF
RESOLUTE MINING LTD RMGGF
RICHMONT MINES INC RIC
SARACEN MINERAL HOLDINGS SCEXF
SEMAFO INC SEMFF
SILVER LAKE RESOURCES LTD SVLKF
ST BARBARA LTD STBMF
TERANGA GOLD CORP CDA TGCDF
TOREX GOLD RESOURCES INCORPORATED TORXF
ZHAOJIN MINING INDUSTRY COMPANY LTD ZHAOF
Here is the updated list of Small Gold Producers with under 100,000 ounces for 2016:
Gold – Small Producers Symbol
A1 CONSOLIDATED AYC.AX
ABM RESOURCES ABU.AX
ALKANE RESOURCES LTD ALKEF
AURA MINERALS INC ARMZF
AURELIA METALS AMI.AX
AUREUS MINING INC ARSMF
AUSTRAL GOLD LTD AGLDF
CADAN RESOURCES CXD.V
CALEDONIA MINING CORPORATION CALVF
CLEVELAND MINING COMPANY LTD CLVMF
COMSTOCK MINING INC LODE
CRATER GOLD CGN.AX
DORAY MINERALS LTD DRM.AX
EL CAPITAN PRECIOUS METALS INC ECPN
EXCELSIOR GOLD LTD EXG.AX
GOGOLD RESOURCES INC GLGDF
GOLD RESOURCE CORPORATION GORO
GOLDEN QUEEN MINING COMPANY LTD GQMNF
GOLDSOURCE MINES INC GXSFF
HAVILAH RESOURCES HAV.AX
INCA ONE GOLD CORP INCAF
JAGUAR MINING INC JAGGF
KIDMAN RESOURCES KDR.AX
METANOR RESOURCES INC MEAOF
MILLENIUM MINERALS LTD MOY.AX
OROSUR MINING INC OROXF
PATAGONIA GOLD PLC PATAF
PREMIER GOLD MINES LTD PIRGF
RAMBLER METALS & MINING PLC RBMTF
RED 5 LTD RED.AX
ROXGOLD INC ROGFF
SANDFIRE RESOURCES SFRRF
SCORPIO GOLD CORP SRCRF
SOUTHERN GOLD LTD SUTHF
SULLIDEN MINING CAPITAL SMC.TO
TIMMINS GOLD CORPORATION TGD
TROY RESOURCES LTD TRYRF
WESDOME GOLD MINES LTD WDOFF
WPG RESOURCES LTD WPG.AX
Thanks again, Ex. Now here’s my latest small producer:
Galane Gold GG.V & GGGOF
Nice Matthew – I’ll check into this little S. African gem… Never heard of them.
Much appreciated.
Big Al, when you will bring back Bob Moriarty? Thanks.
He does not retuned my recent calls so we probably will not bring him back.
McKinney brought up the subject of ‘cost benefit’ in terrorism spending by the Gov’t. Steven Brill has an excellent article this month in Atlantic magazine. We’ve spent a trillion since 911. Hundreds of millions have been wasted. Yet, we’re obviously safer than when we started, but with huge gaps in the effort yet to be filled. Anyone interested should access the article.
The tobacco industry has killed tens or hundreds of millions more people than terrorists have.
One of the most dangerous killers out there are the ladders. Maybe they should be banned?
CDC: Ladders a major cause of occupational deaths
http://www.ishn.com/articles/98551-cdc-ladders-a-major-cause-of-occupational-deaths
YOLO – You Only Live Once…… so ……. You Oughta Look Out……
The end of that video is ridiculously funny and reminds me of a few prepper friends of mine…
PF – Good point BTW.
And, those tens of millions all perished by choice my friend. Heck even I, a three pack a day, smoker quit when I realized the odds against me.
+1 Al
Coca Cola and Pepsi have killed as many as tobacco.
Fed’s Facebook Disaster – Mike Maloney
https://www.youtube.com/watch?v=yn3vkiX9yJE&feature=em-subs_digest
Come on PF, don’t knock a major source of tax revenue, and also a source of Darwinism….At least it kills the stupid.
Love from Saratoga Springs…great summer.
The 147th running of the Travers Stakes, the oldest continuous sporting event.
Beautiful weather, beautiful track.
Watch for CREATOR, the Belmont winner…time to se d it in.
I can make money betting horses or I could have a gray haired hobbit and her comrades spin lies and watch markets jump or dive.
Great time up here
You’re right JTL, one of the smartest things I read on this blog was Dan in Calgary selling his silver and building a snow removal company.
But differant strokes, some remove snow and others dont go outside when its too cold. lol
I hapapen to agree with your comment about Calgary Dan
Speaking of terrorism…you boys have to see this…so true…
Ebolal….”PRICLESS”…..& thanks for the laugh.
Yes thanks, great!!
Here’s another one for you…
!
Jimmy Rogers from Moscow last week:
Democracy is something humans like to believe in, the voting machine now has a personality according to who has programmed it. The machines are running our modern world what is good for them will decide our future. DT
We have too many people behind the scenes in our gooberment setting brush fires around the world that we then have to go and put out. The “machine” is like a self licking lollipop that gets bigger every time it licks itself.
First Skeeta:-)
Matthew appreciate your input!