Saturday, March 24, 2012
SilverDoctors: Tungsten Filled 1 kilo Gold Bar Discovered in UK
SilverDoctors: Tungsten Filled 1 kilo Gold Bar Discovered in UK: Australian Bullion Dealer ABC Bullion has contacted SD to advise that one of its suppliers has provided them photographic evidence of a...
Friday, March 9, 2012
Rigged markets in favor of the house
We don't have a hope in hell of beating this rigged game. Claude Resources has been in a downtrend since December 2011. This company makes money and is currently trading at a forward P/E of 6.8
They've also had excellent drill results from their Seabee project which will add a rich grade to the mill production. See news released February 13, 2012, and again in January.
http://www.theglobeandmail.com/globe-investor/markets/stocks/news/?q=CRJ-T&source=press
Tonight, after market closed it was released from the S and P that CRJ.T has been deleted from the Global Mining index, and also from the Global Gold index, although they will still be listed on the TSX composite.
Do you think the funds knew this in advance????
As always, the little guy is the last to know even though this must have been common knowledge in the "big circles" so they could get out.
I was baffled as to why this company continued on a downward trend even though they are one of the few that have managed to stay in business, make money, and bring a mine into production. Now I know why, and it tells me that this market is absolutely rigged. There is no way anyone can beat the market by studying a company's fundamentals. It's all in the momentum and trend.
God help the little guy left holding the bag.
Jack be nimble, Jack be quick, Jack jumped over the candlestick.
Go with the flow, and get out if you show a profit. This is no longer an investor's market, or a buy and hold market, but rather a rigged game in which YOU have to leave someone else holding the bag before it's empty.
As you can see...I am one Pissed off investor.
Standard and Poor's Announces Changes in the S and P/TSX Canadian Indices
They've also had excellent drill results from their Seabee project which will add a rich grade to the mill production. See news released February 13, 2012, and again in January.
http://www.theglobeandmail.com/globe-investor/markets/stocks/news/?q=CRJ-T&source=press
Tonight, after market closed it was released from the S and P that CRJ.T has been deleted from the Global Mining index, and also from the Global Gold index, although they will still be listed on the TSX composite.
Do you think the funds knew this in advance????
As always, the little guy is the last to know even though this must have been common knowledge in the "big circles" so they could get out.
I was baffled as to why this company continued on a downward trend even though they are one of the few that have managed to stay in business, make money, and bring a mine into production. Now I know why, and it tells me that this market is absolutely rigged. There is no way anyone can beat the market by studying a company's fundamentals. It's all in the momentum and trend.
God help the little guy left holding the bag.
Jack be nimble, Jack be quick, Jack jumped over the candlestick.
Go with the flow, and get out if you show a profit. This is no longer an investor's market, or a buy and hold market, but rather a rigged game in which YOU have to leave someone else holding the bag before it's empty.
As you can see...I am one Pissed off investor.
Standard and Poor's Announces Changes in the S and P/TSX Canadian Indices
Symbol: CRJ
TORONTO, March 9, 2012 /CNW/ - Standard and Poor's Canadian Index
Operations announces the following index changes as a result of the
Quarterly S and P/TSX Composite Index Review. These changes will be
effective at the open on Monday, March 19, 2012:
Changes to the SandP/TSX Composite Index will also affect the SandP/TSX
Capped Composite Index and the SandP/TSX Composite Equal Weight Index.
Stocks added to or removed from the Sand P/TSX Composite Index will also
be added to or removed from the appropriate Global Industry
Classification Standard (GICS) sector index.
Company additions to and deletions from an S and P equity index do not in
any way reflect an opinion on the investment merits of the company.
Operations announces the following index changes as a result of the
Quarterly S and P/TSX Composite Index Review. These changes will be
effective at the open on Monday, March 19, 2012:
| Sand P/TSX COMPOSITE INDEX | |||
| ADDITIONS | |||
| Issue Name | Symbol | 60/Completion | Live Composite GICS Sector Index |
Argonaut Gold Inc. | AR | Completion | Materials |
Gibson Energy Inc. | GEI | Completion | � |
MI Developments Inc. | MIM | Completion | Real Estate |
Pretium Resources Inc. | PVG | Completion | Materials |
Torex Gold Resources Inc. | TXG | Completion | Materials |
Whitecap Resources Inc. | WCP | Completion | Energy |
| DELETIONS | |||
| Issue Name | Symbol | 60/Completion | Live Composite GICS Sector Index |
SouthGobi Resources Ltd. | SGQ | Completion | � |
Note: Data Group Inc. (TSX:DGI) and Carfinco Financial Group Inc. (TSX:CFN)
will be added to the S&P/TSX Equity SmallCap Index following their
conversions from income trust structures to equity format during the
last quarter.
will be added to the S&P/TSX Equity SmallCap Index following their
conversions from income trust structures to equity format during the
last quarter.
Changes to the SandP/TSX Composite Index will also affect the SandP/TSX
Capped Composite Index and the SandP/TSX Composite Equal Weight Index.
Stocks added to or removed from the Sand P/TSX Composite Index will also
be added to or removed from the appropriate Global Industry
Classification Standard (GICS) sector index.
S and P/TSX GLOBAL GOLD INDEX - MARCH 2012 - QUARTERLY REVIEW
| ADDITIONS | ||
| Issue Name | Symbol | Exchange |
Pretium Resources Inc. | PVG | TSX |
Timmins Gold Corp. | TMM | TSX |
| DELETIONS | ||
| Issue Name | Symbol | Exchange |
Brigus Gold Corp. | BRD | TSX |
Claude Resources Inc. | CRJ | TSX |
Sand P/TSX GLOBAL MINING INDEX - MARCH 2012 - QUARTERLY REVIEW
| ADDITIONS | ||
| Issue Name | Symbol | Exchange |
SunCoke Energy Inc. | SXC | NYSE |
Timmins Gold Corp. | TMM | TSX |
| DELETIONS | ||
| Issue Name | Symbol | Exchange |
Brigus Gold Corp. | BRD | TSX |
Claude Resources Inc. | CRJ | TSX |
Mountain Province Diamonds Inc. | MPV | TSX |
SandP/TSX GLOBAL BASE METALS INDEX -MARCH 2012 - QUARTERLY REVIEW
| ADDITIONS | ||
| Issue Name | Symbol | Exchange |
SunCoke Energy Inc. | SXC | NYSE |
S&P/TSX COMPOSITE DIVIDEND INDEX - MARCH 2012 - QUARTERLY REVIEW
| ADDITIONS | |
| Issue Name | Symbol |
Gibson Energy Inc. | GEI |
MI Developments Inc. | MIM |
Stantec Inc. | STN |
SandP/TSX EQUITY INCOME INDEX - MARCH 2012 - QUARTERLY REVIEW
| ADDITIONS | |
| Issue Name | Symbol |
Gibson Energy Inc. | GEI |
MI Developments Inc. | MIM |
Rogers Communications Inc. | RCI.B |
Telus Corporation | T |
TransCanada Corporation | TRP |
| DELETIONS | |
| Issue Name | Symbol |
Bank of Nova Scotia | BNS |
National Bank of Canada | NA |
Nordion Inc. | NDN |
Royal Bank of Canada | RY |
SandP/TSX MEGACAP INDEX - MARCH 2012 - QUARTERLY REVIEW
| ADDITIONS | |
| Issue Name | Symbol |
Valeant Pharmaceuticals International, Inc. | VRX |
| DELETIONS | |
| Issue Name | Symbol |
Thomson Reuters Corporation | TRI |
Company additions to and deletions from an S and P equity index do not in
any way reflect an opinion on the investment merits of the company.
Thursday, February 23, 2012
San Gold Announces $15 million private placement
When will this dilution end?
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20120223&archive=ccnm&slug=201202230768815001
San Gold Announces $15.0 Million Private Placement
Funds to Advance Rice Lake Exploration Programs
Thursday, February 23, 2012
WINNIPEG, MANITOBA--(Marketwire - Feb. 23, 2012) -
THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES.
San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) (the "Company") is pleased to announce that it has entered into a letter of engagement with Primary Capital Inc. and a syndicate of agents (the "Agents"), under which the Agents have agreed to offer, on a guaranteed agency private placement basis, 7,150,000 flow-through common shares (the "Flow-Through Shares") of the Company at a price of $2.10 per Flow-Through Share for total gross proceeds to the Company of $15,015,000. Under the agreement, the Agents have an option, exercisable at any time on or before the second business day prior to the closing date, to offer up to an additional 2,390,000 Flow-Through Shares for $5,019,000 in additional gross proceeds.
Closing of the offering is scheduled to occur on or about March 15, 2012. All securities issued will be subject to a four month hold period. The offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals.
The net proceeds will be used to continue exploration and development on the Company's Rice Lake property.
These securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.
About San Gold
San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Hinge, 007, and Rice Lake mines near Bissett, Manitoba. The Company employs more than 400 people and is committed to the highest standards of safety and environmental stewardship. San Gold is on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20120223&archive=ccnm&slug=201202230768815001
San Gold Announces $15.0 Million Private Placement
Funds to Advance Rice Lake Exploration Programs
Thursday, February 23, 2012
WINNIPEG, MANITOBA--(Marketwire - Feb. 23, 2012) -
THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES.
San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) (the "Company") is pleased to announce that it has entered into a letter of engagement with Primary Capital Inc. and a syndicate of agents (the "Agents"), under which the Agents have agreed to offer, on a guaranteed agency private placement basis, 7,150,000 flow-through common shares (the "Flow-Through Shares") of the Company at a price of $2.10 per Flow-Through Share for total gross proceeds to the Company of $15,015,000. Under the agreement, the Agents have an option, exercisable at any time on or before the second business day prior to the closing date, to offer up to an additional 2,390,000 Flow-Through Shares for $5,019,000 in additional gross proceeds.
Closing of the offering is scheduled to occur on or about March 15, 2012. All securities issued will be subject to a four month hold period. The offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals.
The net proceeds will be used to continue exploration and development on the Company's Rice Lake property.
These securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.
About San Gold
San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Hinge, 007, and Rice Lake mines near Bissett, Manitoba. The Company employs more than 400 people and is committed to the highest standards of safety and environmental stewardship. San Gold is on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".
Wildcat and San Gold
Thought I would share a map of the Rice Lake area that clearly shows the staking claims of Wildcat (WEL.V) and San Gold (SGR.T) among others.
Monday, January 30, 2012
The great humiliator
The Great Humiliator is what Ken Fisher calls the markets. You think it will go one way, and woops..the opposite is what it does.
Will it be any different this time? At the present time, pessimism is ruling the markets but if everyone who thinks it will drop is already out, who is left to sell?
Maybe it is different, and I'm just bouncing a few ideas around here. If everyone looks at the charts, and they all know how to read them, then that's the day when it will no longer work! Perhaps it's time to look at fundamentals rather than the VIX, or SPX or any other chart.
2012 is the year for a presidential election and I'm quite sure that Obama does not want to leave a legacy of broken markets, high jobless numbers, bailouts for the bankers and leaving poor Joe in the cold.
This might be the final year for the market..PERIOD, but I for one don't believe it will be a negative year. With low interest rates, the only decent return you can try to get is in the market or bonds. GIC's don't even keep up with inflation so you're actually getting a negative return on your money. One thing I should mention is that there is NO downside to GIC's, so just by avoiding any slide or correction in the market you can end up ahead. I know that over the years we would have been so much farther ahead just buying GIC's! But that's another topic.
Right now, I think that the markets are going to move back up. SPX could correct to the 1260 range, and a move over 1350 gives a target of 1600.
The TSE is currently neutral, but a move over 12500 gives me a target of 13500, which could be higher depending on what precious metals and the price of oil do.
During the latter part of 2012 it is very likely that more baby boomers will begin to retire and withdraw from their funds and retirement accounts. This will be the beginning of a long slide, but we're not there yet.
One thing I should mention is the price of gold. I see numerous ads to "buy your gold"!, "are you in the gold market"?, now's the time to buy gold! etc. What if..and this is just hypothetical, but what if we are ALL being set up? What if, they're waiting until just about everyone is in the gold market (which hasn't happened yet) and then they tank it hard, and I mean hard.
That will be the final nail in the coffin for Joe, and every other working class citizen because by then, the Fed will own all the banks, all the industry, all the real estate, all the homes and then they'll get your gold.
At least they can't get our souls?? or can they? ;))
Good luck trading because these are difficult times on wallstreet.
Will it be any different this time? At the present time, pessimism is ruling the markets but if everyone who thinks it will drop is already out, who is left to sell?
Maybe it is different, and I'm just bouncing a few ideas around here. If everyone looks at the charts, and they all know how to read them, then that's the day when it will no longer work! Perhaps it's time to look at fundamentals rather than the VIX, or SPX or any other chart.
2012 is the year for a presidential election and I'm quite sure that Obama does not want to leave a legacy of broken markets, high jobless numbers, bailouts for the bankers and leaving poor Joe in the cold.
This might be the final year for the market..PERIOD, but I for one don't believe it will be a negative year. With low interest rates, the only decent return you can try to get is in the market or bonds. GIC's don't even keep up with inflation so you're actually getting a negative return on your money. One thing I should mention is that there is NO downside to GIC's, so just by avoiding any slide or correction in the market you can end up ahead. I know that over the years we would have been so much farther ahead just buying GIC's! But that's another topic.
Right now, I think that the markets are going to move back up. SPX could correct to the 1260 range, and a move over 1350 gives a target of 1600.
The TSE is currently neutral, but a move over 12500 gives me a target of 13500, which could be higher depending on what precious metals and the price of oil do.
During the latter part of 2012 it is very likely that more baby boomers will begin to retire and withdraw from their funds and retirement accounts. This will be the beginning of a long slide, but we're not there yet.
One thing I should mention is the price of gold. I see numerous ads to "buy your gold"!, "are you in the gold market"?, now's the time to buy gold! etc. What if..and this is just hypothetical, but what if we are ALL being set up? What if, they're waiting until just about everyone is in the gold market (which hasn't happened yet) and then they tank it hard, and I mean hard.
That will be the final nail in the coffin for Joe, and every other working class citizen because by then, the Fed will own all the banks, all the industry, all the real estate, all the homes and then they'll get your gold.
At least they can't get our souls?? or can they? ;))
Good luck trading because these are difficult times on wallstreet.
Monday, January 16, 2012
San Gold's spin off asset rising
San Gold holds over 20 million shares of SGX resources, acquired at .13 cents. San gold also holds 50% of the Timmins north properties with SXR the other 50%. This was the spin off of San Gold's properties into a separate Timmins exploration company. Seems the market has missed this move in SXR, and I think SGR should move up along with SXR.V? or am I missing something here.
Last trade on SXR is .50!
Last trade on SXR is .50!
Thursday, January 5, 2012
Surprising news today from Wildcat!
Wildcat was drilling for nickel on the Burntwood property in Thompson Nickel Belt and found GOLD! Not a long intercept, but very high grade. 152.5 g/ton over 1 metre. This result was confirmed with a re-assay which graded 145.5 g/t gold and was further supported by the observation of native gold within a smoky-grey quartz vein and along the enveloping wall rock.
Wildcat Exploration Reports Drilling Assay Results from Burntwood Project in Thompson Nickel Belt, Manitoba
Wildcat Exploration Reports Drilling Assay Results from Burntwood Project in Thompson Nickel Belt, Manitoba
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