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Doc comments on gold and silver.

Big Al
February 21, 2017

Doc is looking for a turn upward in the long term and he feels that the wildcard thrown out by Big Al will not have an effect either positive or negative.

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Discussion
119 Comments
      Feb 21, 2017 21:48 PM

      It’s not Trump doing that, but Hitllary’s military…

        Feb 21, 2017 21:05 PM

        Please tell me our rationale behind your comment Peter. After all it is now the Trump Administration.

      Feb 21, 2017 21:49 PM

      Dont forget: Pence is NOT pro Trump.

        Feb 21, 2017 21:06 PM

        He has to be kind of pro Trump. Regardless, Peter, I think that at this stage of the game the U.S. is making a very serious mistake.

      Feb 21, 2017 21:04 PM

      I have to say that I am surprised and need to know more about this. If it is simply posturing, I think that it is a very serious mistake.

        Feb 22, 2017 22:26 AM

        The problem, Big AL, is Trump doen’t has all the Republicans on his side. As we can see by Lindsey Graham and John McCain. If you really dig and believe, America has a divided Administration.

    Feb 21, 2017 21:10 PM

    Trump needs to fire those in the NSA and CIA who want to kill him they way they killed JFK. He had better move fast.

      Feb 21, 2017 21:15 PM

      +1

      Feb 21, 2017 21:07 PM

      Bonzo, you are over simplifying.

    Feb 21, 2017 21:22 PM

    +2

    Feb 21, 2017 21:29 PM

    CHART: Hedge funds diverge on Gold, Silver price
    Frik Els | 13 minutes ago

    http://www.mining.com/chart-hedge-funds-diverge-gold-silver-price/

    Feb 21, 2017 21:31 PM

    World’s biggest miner hasn’t given up hope for Potash
    Cecilia Jamasmie | about 4 hours ago

    BHP Billiton (ASX, NYSE:BHP), the largest mining company by market capitalization, sees potash as a key commodity in which to base its future growth despite prices are still hovering just above $210 a tonne, less than a half the what they were only five years ago.

    “Our preference long term is to grow in oil and copper, then possibly potash,” the firm’s chief executive officer Andrew Mackenzie said when releasing first half of the year results Tuesday.

    http://www.mining.com/worlds-biggest-miner-hasnt-given-up-hope-for-potash/

      Feb 21, 2017 21:08 PM

      Thanks much Excelsior

        Feb 22, 2017 22:16 AM

        It may be time to start digging deeper again into Agricultural stocks, Potash included. Maybe the next time you have Ned on he can speak to this sector a bit from a longer term macro perspective.

    Feb 21, 2017 21:46 PM
    Feb 21, 2017 21:57 PM

    Doc:
    Please define “drain the swamp” for me. It’s a catchy phrase I admit, but who actually gets thrown out of Washington when he does this? Doesn’t the poison actually contain most Senators and 3/4 of the House, K Street lobbists, High placed life time bureaucrats, etc? Exactly how does he get rid of that huge number? I guess I see it as impossible. Your thoughts are welcome……….

      Feb 21, 2017 21:09 PM

      Draining the swamp starts and stops with staffers in my opinion. People do not realize how influential and corrupt staffers can be. It doesn’t take a huge draining either (10-20%). Strategic firings, demotions and a freeze on hiring to demand more from less will go a long way. The message will be sent loud and clear with very strategic moves. The majority are likely very competent and it will be essential to keep the experience while changing the environment. The most corrupt and toxic staffers will take their associated political reps with them on the way out. I think you will actually see the changes occurring from the bottom (staff level) up to the top (politicals). If the draining is overdone you create another problem but eliminating all the experience and knowledge an the new group making all sorts of mistakes reestablishing it self.

        CFS
        Feb 21, 2017 21:22 PM

        Peter R, It is much more than staffers; it’s the whole entrenched crony leeches.

        http://observer.com/2017/02/republicans-incompetence-donald-trump-obamacare-tax-cuts/

          Feb 21, 2017 21:13 PM

          Good point, Professor.

        Feb 21, 2017 21:25 PM

        Nice summary Peter. I agree. Washington is run by lobbyists and those that have permanent jobs in Washington that outlive presidents as they come and go. I have a daughter and son-in-law that work in Washington and they work to make policy work. The problem is the lifers in higher positions (particularly the CIA and security organizations) that decide policy internally without control by voters, presidents, or representatives. Another area that needs a cleansing is the state department along with the IRS. But you are correct; the job is almost insurmountable. Our debt may help us in the sense that more responsibility and moneys should be filtered back to the states ridding ourselves of the influence of groups in and on Washington.

        Feb 21, 2017 21:12 PM

        Very insightful comment Peter. Thank you.

        Feb 22, 2017 22:39 AM

        I think I know. It is always those that know you best or are close to you that hate you the most even when they smile and shake your hand. Trumps biggest mistake is allowing people outside of his race or those friendly to the status quo to be part of his government. Jews, Freemasons, LGBTQP types, Marxists, Non Christians and Feminists or their fans for should have been prohibited from participating in government or even being in Washington D.C. Possibly even prohibited from being in the United States. You can’t build a government and society that works with them plotting against you and mucking up the works. I expect Trump will find out the hard way and be faced with the choice of packing it in or getting extremely cruel in order to get the job done right. By that I mean cruel enough to make Stalin, Trotsky and Pol Pot look like a bunch of liberal pussies.

      Feb 21, 2017 21:10 PM

      There are a lot of interesting thoughts out there regarding gold and silver, but at this moment I think that I will only concentrate on what Doc and Cory say. Anything else, to me is just over camplicating this issue.

      Feb 21, 2017 21:11 PM

      By “draining the swamp” Doc and Trump simply mean getting rid of the dead and unproductive (for our country) elements in Washington DC.

    CFS
    Feb 21, 2017 21:16 PM

    And you thought Sweden was bad!

    The most popular tourist City used to be Paris…….
    https://www.youtube.com/watch?v=yu7B8qwDCMY

    At least the tourist areas of London are still not too bad.

      GH
      Feb 21, 2017 21:38 PM

      The Karma of Colonialism.

        Feb 22, 2017 22:48 AM

        One might reflect on what those former colonies would be like without the influence, teaching, technology, access to markets and leadership provided by white Europeans.
        Some places would have been lucky to get past having a basic agricultural economy and technology level. Most would still be neolithic hunter-gatherer societies.

      Feb 21, 2017 21:17 PM

      Ever been to Duke’s Martini Bar in London? It is, without a doubt the best martini bar that I have ever been to and I have been to a lot of them!

        CFS
        Feb 21, 2017 21:27 PM

        I don’t drink anything stronger than wine.

    CFS
    Feb 21, 2017 21:35 PM

    Meanwhile an eight-member Supreme Court may set a dangerous precedent:

    http://www.lifezette.com/polizette/supremes-to-decide-if-foreigners-have-constitutional-rights/

      Feb 21, 2017 21:18 PM

      I did not read the article, but that is realy an interesting question!

      This whole question regrding foreigners and illegal immegrants is getting to be silly!

      Feb 21, 2017 21:19 PM

      It would appear, at least to me, that Breitbart really stepped hard on it collective you know what.

    Feb 21, 2017 21:49 PM

    Kenya……homeland and birth place to the Obamy….I bet he gets half of the $418million

      Feb 21, 2017 21:52 PM

      Along with the money he sent to his friends in Iran……should set him up real nice in the days ahead

        Feb 21, 2017 21:53 PM

        Pappa Bush should be real proud of him………..

          Feb 21, 2017 21:21 PM

          I personally have a lot of respect for “Pappa Bush” and I actually know quite a bit about him.

        Feb 21, 2017 21:21 PM

        Common Jerry, you are much more intelligent than those two comments indicate. I know that from talking to you. Your problem is similar to mine in that I get to emotional about the bs going out out there.

    Feb 21, 2017 21:52 PM

    Doc, Peter R., CFS: Thank you for your various comments to my question.
    If you have the time, l hr., the following TED talk ties into many of the concerns of Trump supporters and makes me wonder if Trump and most of our government is capable of really shaping our future into something that works. WATCH: https://jugglingdynamite.com/2017/02/21/ted-nationalism-vs-globalism-the-new-political-divide/

      Feb 21, 2017 21:24 PM

      Silver, in my view, the most effective and quickest method of draining the swamp would be a simple method—bring back sound money based on a gold standard. Then you wouldn’t have to attack the monster from many different positions. Instantaneously, it would force responsibility and accountability into the system. All the alligators would be fighting for a diminished number of dollars.

        Feb 21, 2017 21:29 PM

        Trump just took 5 gold bars as a down payment on office space from Apmex…..

          Feb 21, 2017 21:32 PM

          Trump likes gold……….check the curtains out in the oval office……..

            Feb 22, 2017 22:55 AM

            “Trump likes gold.”
            At least he has some smarts when it comes to knowing what real money is. This is to his credit.

        Feb 21, 2017 21:22 PM

        And that is the truth, Doc!

        Feb 22, 2017 22:01 AM

        The solution requires more than monetary reform. It requires the removal of certain types of people and thinking from government or everything you do will be sabotaged or blocked and the worse case is that an enlightened and responsible leader will be killed in order to prevent honest government and money.

    Feb 21, 2017 21:36 PM

    Hi Al & Doc…as a Canadian I really enjoyed the conversation today about the state of U.S. politics and the war that is going on between Pres. Trump and everyone else. However, I must say, it will be a cold day in Alberta when I or my family venture South again. Why? Because – I don’t want to be stopped at the border be grilled about where I’m going, why I’m going, where I’m from, where I was born or whatever…and…I don’t want some jumped up border guard deciding to detain me for reasons known only to him or her.
    But hey guys, please feel free to come on up here…it’s really nice in the Spring, Summer & Fall.

      Feb 23, 2017 23:25 AM

      Morning Bryan,

      You could be somewhat misinformed about crossing the border. I know a number of immigration officials and, so far, they have all said, “no big deal” in crossing the border. I have been doing it for upwards of 40 years pretty regularly; am also honest and straightforward and have only been randomly questioned maybe 4 time all of which lead to nothing.

      I do love Alberta, by the way.

    Feb 21, 2017 21:40 PM

    In case anyone missed it:

    Scorpio Gold Signs Letter of Intent with Lode-Star Mining Inc. for a Custom Toll Milling Agreement

    http://www.scorpiogold.com/s/news.asp?ReportID=778905

      Feb 21, 2017 21:26 PM

      I remember that he did discuss and was pretty favorable towards gold way back when.

    CFS
    Feb 21, 2017 21:58 PM

    Epstein’s end of day metals TA:

    https://youtu.be/D2v8i2l5xXg?t=33

      Feb 21, 2017 21:14 PM

      Thanks CFS. These Epstein TA videos are interesting to consider.

    CFS
    Feb 21, 2017 21:09 PM

    Epstein’s financials TA:

    https://youtu.be/MxxxpRfVaO4?t=31

    Feb 21, 2017 21:12 PM

    (LAC) (LACDF) Lithium Americas Corp Podcast #2: CTO discusses JV with Sociedad Quimica y Minera
    The Midas Letter – FEBRUARY 21, 2017 – w/ Dr. David Deak

    https://www.midasletter.com/2017/02/lithium-americas-corp-cto-david-deak-discusses-jv-sociedad-quimica-y-minera/

    CFS
    Feb 21, 2017 21:12 PM

    GMV drills 27.4 m of 0.87 g/t Au at Mexican Hat

    2017-02-21 08:16 ET – News Release

    Mr. Ian Klassen reports

    GMV MINERALS INC. SIGNIFICANTLY EXPANDS MINERALIZED ZONES BY 120 METERS IN THE NORTH AT THE MEXICAN HAT GOLD DEPOSIT AND DISCOVERS 2 NEW ZONES

    GMV Minerals Inc. has released preliminary results from two additional holes from its recently completed reverse circulation drill program designed to extend the known mineralization on its Mexican Hat gold property in southeast Arizona.

    CFS
    Feb 21, 2017 21:14 PM

    Mirasol samples up to 10.76 g/t gold at La Curva

    2017-02-21 09:13 ET – News Release

    Mr. Stephen Nano reports

    MIRASOL UPGRADES LA CURVA PROJECT WITH NEW GOLD-SILVER ROCK CHIP RESULTS FROM CERRO CHATO DRILL TARGET, SANTA CRUZ ARGENTINA

    Mirasol Resources Ltd.’s recent exploration at its 100-per-cent-owned La Curva gold project in Santa Cruz, Argentina, has identified a 300-metre-long zone of gold-silver-bearing epithermal veinlets that crosscut a well-developed barren silica cap at the Cerro Chato prospect.

      Feb 21, 2017 21:05 PM

      impressive samples for Mirasol

    CFS
    Feb 21, 2017 21:35 PM
      Feb 21, 2017 21:28 PM

      I got pretty angry at Jordan a number of years ago due to a complete misunderstaning on my part.

      Now, after realizing my mistake, I have a lot of respect for the man.

        Feb 22, 2017 22:13 AM

        I’ve talked to him personally before Big Al. He really likes you and likes being back on the KER. It was a good choice to mend the old misunderstandings and bring him back on the show. Jordan’s a good guy and a straight shooter, and I enjoy his technical analysis and macro thoughts.

    CFS
    Feb 21, 2017 21:38 PM

    Ron Paul’s Liberty report:

    http://www.kereport.com/

      Feb 21, 2017 21:03 PM

      Ron Paul looks similar to the Big Owl on that page…. 🙂

        Feb 21, 2017 21:30 PM

        Thank you for the compliment.

        I did take Ron’s example and began walking 3 to five miles daily after he told me that is what he was doing. Made sense then and it makes sense now. (As does most of what he has to say.)

          Feb 22, 2017 22:19 AM

          Ha! Big Al, I was just ribbing CFS because he posted a link to the KE Report. 😉

          Congrats on walking the 3-5 miles a day BTW. You’re inspiring sir.

    CFS
    Feb 21, 2017 21:39 PM
      Feb 21, 2017 21:04 PM

      Ahh there is Dr. Paul……

      Thanks CFS.

    Feb 21, 2017 21:25 PM

    Report from Bix Weir
    Forcast for more rain near Oroville… resevoir

    Very serious situation developing, FFWD to 4min mark and be amazed..

    https://www.youtube.com/watch?v=ppVvJs6UoVA

      CFS
      Feb 21, 2017 21:36 PM

      Strangely enough the Oroville dam is not as likely to burst as one just outside Reno Nevada.
      That one is in total overflow mode, and everyone is praying the spillways won’t wash out the main dam foundations.
      Luckily only about 30,000 people on alert for 2 hours notice to evacuate.
      Oroville could affect 200,000.

        Feb 22, 2017 22:29 AM

        It just further develops the point that no energy generation method is without risk.

    Feb 21, 2017 21:43 PM
    Feb 21, 2017 21:07 PM

    Buy vegetables while you can, 10-12 days from now the runoff from sierras might cause having on downstream veggie farms and growers… we have the makings of a SALAD WAR, so get your lettuce before the Romaine Cartels cut off production. You’ll see restaurants will all-you-can eat salad bars go into hibernation in march.

    Bix Weir references, this tesla nology
    which was de-commissioned or not https://www.youtube.com/watch?v=x2O-DVgcvWQ

    United States Patent 4,686,605
    Eastlund August 11, 1987
    Method and apparatus for altering a region in the earth’s atmosphere, ionosphere, and/or magnetosphere

    Abstract
    A method and apparatus for altering at least one selected region which normally exists above the earth’s surface. The region is excited by electron cyclotron resonance heating to thereby increase its charged particle density. In one embodiment, circularly polarized electromagnetic radiation is transmitted upward in a direction substantially parallel to and along a field line which extends through the region of plasma to be altered. The radiation is transmitted at a frequency which excites electron cyclotron resonance to heat and accelerate the charged particles. This increase in energy can cause ionization of neutral particles which are then absorbed as part of the region thereby increasing the charged particle density of the region.

    Inventors: Eastlund; Bernard J. (Spring, TX)
    Assignee: APTI, Inc. (Los Angeles, CA)
    Family ID: 24772054
    Appl. No.: 06/690,333
    Filed: January 10, 1985

      Feb 22, 2017 22:30 AM

      Thanks for the heads up. We’re going to stock up the pantry before the Salad Wars start.

    Feb 22, 2017 22:20 AM

    David Cates (of Denison Mines): Welcome to The Uranium Supercycle

    BY COLLIN KETTELL ON FEBRUARY 22, 2017

    http://palisaderadio.com/david-cates-welcome-to-the-uranium-supercycle/

      Feb 22, 2017 22:19 AM

      This was a really good interview for anyone interested in the Uranium sector.

      David & Collin touch on the larger macro drivers, Russia, Kazakhstan, China, the US, Canada, Africa, the spin out of their African assets into GoviEx, the reality of production today, supply/demand with Uranium, and the incredibly long lead times needed for the Athabasca Basin exploration projects in Canada, and lastly Denison’s plans moving forward & the strategy behind their recent financing.

    Feb 22, 2017 22:09 AM

    Havnt heard from Mr Maund in awhile. Wonder whats going on ?

    Feb 22, 2017 22:45 AM

    Mmm interesting Evan. This would be known as HAARP, correct? I havnt looked in great depth into this topic but it is fascinatng and a little perplexing to say the least.

    Feb 22, 2017 22:30 AM

    Matthew and Doc, PPP fell to .68 this morning and is back to .71
    Do you have a stop loss order in or do you plan to hold on?

    Feb 22, 2017 22:23 AM

    Thanks, Matthew. That article worried me too. it sounds bad about Black Fox.
    I’m glad Robert Quartermain is on the board of PPP. But what if it falls to .65 or .60?
    At what point will you give up?

      Feb 22, 2017 22:49 AM

      I won’t be giving up based on further declines unless the character of the declines cause me to change my opinion about the company’s ability to survive.

      A material negative change in my outlook for the sector could easily change my appetite for PPP.

    Feb 22, 2017 22:15 AM

    Thanks. I can’t see my belief in gold and silver changing. I just hope PPP is better than that article said! I was so wrong about Royal Oak Mines, Midway Gold, and Allied Nevada, and I liked them as much as I like PPP.

      Feb 22, 2017 22:29 AM

      My long term outlook for the sector is also very unlikely to change but it is possible (not probable) that the sector could suffer a protracted setback that could make PPP quite a bit scarier.

        Feb 22, 2017 22:17 AM

        I’m added a bit more at $.68 on PPP and am not that concerned about them for the longer haul (barring a protracted sell down like you mentioned).

        This too shall pass…….. (and when it does, this share price will appreciate quite nicely).

          Feb 22, 2017 22:55 AM

          The issues that PPP faces are all relatively simple to resolve as they are not technical in nature but socioeconomic and all parties will lose if they are not resolved. If PPP was having technical issues (dewatering, resource modeling, poor recover, etc.) I would pull the plug on this in a second.

          The positives nobody is talking about, I would not be surprised to see the steaming agreements revised as well to help the financials, again it is in the streaming partners best interests to keep both mines operational and profitable. PPP has never had an issue raising money and both mines have major exploration upside. PPP has secondary assets that are marketable. Technically both operations are sound.

            Feb 22, 2017 22:02 AM

            There are a number of potential catalysts that could cause PPP to blow away its peers this year.

            Feb 22, 2017 22:15 AM

            Peter R. – The issues are not just the socio economic, but also a result of their definition drilling and expansion drill not replacing the ore they depleted because it went into the “inferred’ category, but I believe they’ll get that resolved in 2017 on their next drilling campaign.

            ___________________________________________________________________________

            Primero Achieves 2016 Revised Production and Cost Guidance
            marketwired on January 18, 2017

            “While Primero faced a number of significant challenges in 2016, I believe the changes we have already made, and will continue to make, will result in a considerable improvement in our 2017 results,” stated Ernest Mast, President and Chief Executive Officer. “We have recently strengthened our management team with the addition of an experienced C.O.O. and C.F.O., and expect to see marked improvement in the near-term as we work to reduce costs, increase production and simplify the way we mine. These key steps will lay the foundations of Primero’s return to sustainable profitability.”

            treamlined Operations Expected to Generate Significantly Improved Cash Flows in 2017

            Primero has streamlined its operations, focusing on productivity improvements, right-sizing of operations, and strong adherence to mine plans. Furthermore, the Company is implementing broad cost-control measures at both mines in 2017. The Company expects to provide 2017 production and cost guidance in mid-February.

            Primero anticipates 2017 production levels will be in-line with 2016 but at reduced unit costs. Total capital expenditures are also expected be reduced on an overall basis, but year-over-year spending will increase in specific focus areas such as mine development and near-mine exploration.

            https://www.ceo.ca/@marketwired/primero-achieves-2016-revised-production-and-cost-guidance

            Feb 22, 2017 22:17 AM

            Here’s the bit on their drilling and ore depletion, and their strategy to resolve it:

            __________________________________________________________________________

            Primero Reports Year-End 2016 Mineral Reserves and Resources
            02/22/2017

            “Our 2016 exploration program substantially replaced our depleted Mineral Resources,” stated Damien Marantelli, Chief Operating Officer. “However, our Mineral Reserve estimate was affected by mining depletion and improvements we made to our geological controls and modelling methodologies. We believe these important changes will set up our mines for future successes through improved planning, predictability and deliverability. Primero has traditionally had a strong history of replacing Mineral Reserves and we remain confident in the significant mineral endowment of our mining districts. In 2016, our exploration programs identified additional Resources but not yet at a confidence level to convert to Reserves. This can be demonstrated by the recent discovery of an extension to the high-grade Victoria vein at San Dimas in late 2016. In an effort to increase our Mineral Reserve base going forward, at a rate closer to historical levels, our 2017 San Dimas exploration budget is approximately double the expenditure of 2016, with a focus on defining additional mineralization on known favourable structures located close to existing infrastructure. We also look forward to continuing our exploration of San Dimas’ greenfield southern concessions, which exist outside the silver purchase agreement.”

            http://www.primeromining.com/English/investors/news/press-release-details/2017/Primero-Reports-Year-End-2016-Mineral-Reserves-and-Resources/default.aspx

            Feb 22, 2017 22:19 AM

            “The Company has applied a two-pass cut-off grade at San Dimas. Firstly an all-in sustaining cost cut-off grade was applied to highlight areas for inclusion in the Mineral Reserve, followed by the application of an operating cost cut-off grade to highlight additional incremental material for potential inclusion. The all-in sustaining cost cut-off grade applied was 3.22 g/t gold equivalent (“AuEq”) and considers direct operating costs and sustaining capital costs. The operating cut-off grade next applied was 2.22 g/t AuEq and considers direct operating costs only. For the December 31, 2015 estimate, a one-pass estimate methodology was applied with a cut-off grade of 2.50 g/t AuEq. Additional factors affecting the cut-off grade include reduced expected throughput rates following the deferral of the 3,000 tonnes per day expansion plan, and lower expected metallurgical recoveries of 95% for gold and 92% for silver. The Company believes that these are more appropriate recovery rates to use due to improved metallurgical accounting practices implemented as the mill processes lower grade ore.”

            “As previously disclosed, Primero’s short-term 2017 operating plan will focus on the high quality veins at San Dimas (Roberta, Robertita, Jessica, Victoria, Santa Gertrudis), veins accounting for approximately 49% of contained gold ounces in Mineral Reserves at San Dimas. Proven and Probable Reserves contained in the 5 veins total 1.6 million tonnes with an average grade of 5.0 g/t gold and 323 g/t silver. Primero believes that this specific focus on mining higher quality veins will improve productivity and achieve necessary cost-reductions.”

            Feb 22, 2017 22:22 AM

            The good news for now is that with workers on strike they aren’t depleting their ore bodies (ha!).

            I’m not worried at all and Primer is a large company that has weathered many storms and cycles, and they are going to get their production optimized, have a better drilling campaign to correct the sins of 2016, the strike will get resolved, and we are able to pick up stock here at the lows.

            Primero is a prime example here of “buying when there is blood in the streets.” It is going to be one of the better turn-around stories for this year by the look of things.

            Feb 22, 2017 22:24 AM

            It’s time to add “PPP” or “P”.

            Friends Of P. (Video)

            https://www.youtube.com/watch?v=wi-H6ohY37k

            Feb 22, 2017 22:41 AM

            At a market cap of $130M, I wouldn’t call PPP large but it has been around for a whopping 7 years. 😮 😉 (lol)

            Feb 22, 2017 22:45 AM

            Yes, but it used to be valued about 8 times that market cap.

            Keep in mind that it was a $7.60 back in 2010, $7.37 back in 2012, and as high as $8.29 back in 2014.

            At it’s current share price at $.69 it is hardly fair to use that as it’s proper valuation.

            Feb 22, 2017 22:45 AM
            Feb 22, 2017 22:47 AM

            Humble beginnings….. in the last cycle….. starting in 2008.

            Completion of IPO

            07/17/2008

            http://www.primeromining.com/English/investors/news/press-release-details/2008/Completion-of-IPO/default.aspx

            Feb 22, 2017 22:47 AM

            But it was a low cost cash cow in 2012.

            Feb 22, 2017 22:51 AM

            Yes, 2012 was a brighter time for the company no doubt. It was always on the Kitco lists in those days as a leader in the Mid-Tiers.

            All I’m saying is that for it to have gotten so bombed out here at present, seems like great value.

            As for Typhoon Exploration, I finally sold out of my position in 2016 (after holding/trading it for years). I moved it into Marlin Gold and haven’t regretted that decision. Golden Valley mines, has been one of my best prospect generator stocks of all last year though. Lately Millrock, Globex, and Eurasian Minerals have been on the move as well.

            Feb 22, 2017 22:12 PM

            TYP has legit exploration potential in a safe jurisdiction so I am happy with my million+ shares.

            It also has a tight float and remains cheap despite being up 300% since last February.

            Feb 22, 2017 22:24 PM

            Agreed. It’s a nice little prospect generator, but it hasn’t received much attention in years, but if it starts to move, it can really outperform on a percentage basis.

            Feb 22, 2017 22:52 PM

            At this stage, I’m fine with the lack of attention. Things will change when a new drill program is announced. Remember the JV with Hecla…

            “It is located in the heart of Abitibi (Canada), in one of the world’s most prolific gold mining camps. The Fayolle Deposit to date contains 188,000 ounces of gold in the indicated category (43-101 report dated September 2012 and PEA published in 2013) and is near the mining camps of Rouyn-Noranda, Val d’Or and Malartic.”

            Feb 22, 2017 22:29 PM

            True. Yes, I remember from Aurizon, before Hecla acquired them. That was always my hope, but Hecla took out Mines & Management instead and also made an offer on Dolly Varden. I’m back in DV by the way, and think if it is not Hecla that it will be someone that makes a move to take them over. This seasons drill campaign will be keenly observed by a number of companies….