Copyright © 2013 Knight Sac Media. All rights reserved.http://www.siliconinvestor.com/subject.aspx?subjectid=54980Let's discuss O&G and NR stocks here. Stay on topic, share ideas or comment on others ideas and make this one of the unique places on the Internet where people can come and walk away with something. Personal attacks are frowned on and we hope we don't have to use the trigger. One Caution: This t...http://www.siliconinvestor.com/images/Logo380x132.pnghttp://www.siliconinvestor.com/subject.aspx?subjectid=5498038013210hubris33Copper & Gold Mining in Serbia anyone? .......... ................... .................. These guys were able to raise fund just before the recent crash in POG. $15MM in PP at 30-cents/share. Story is 1.8B # Cu at 0.27% and 2.5M oz of Au @ 0.26 gpt on the ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289039635/19/2013 10:44:38 PMameshttp://www.siliconinvestor.com/readmsg.aspx?msgid=289032445/19/2013 1:43:40 PMhubris33Who says the Mining Sector is dead? ........................... ....................................... ...... Looks like $435MM was raised on the Venture Exchange thru March and $721MM was raised on the TSX. So Investors were willing to part with over $1.1 Billion in cash to fund "ideas," pla...http://www.siliconinvestor.com/readmsg.aspx?msgid=289015415/17/2013 10:00:46 PMhubris33Truth in Advertising ...................... ................... ................. OK, so I ran Z-Scores on that list of stocks that I suggested at the beginning of the year the 13 for 13 list. That list can be broken down into two groups - actual producers (7) wi...http://www.siliconinvestor.com/readmsg.aspx?msgid=288994695/16/2013 10:55:29 PMhubris33Veris Gold on Bankruptcy Watch....... ................ ................. News today looks grim for VG if one reads the Financials closely and extrapolates things. I had forgotten one of the reasons I was not a fan of VG, namely its Altman Z-Score. For those who might not b...http://www.siliconinvestor.com/readmsg.aspx?msgid=288968315/15/2013 5:58:18 PMloantechHello ames, Thanks for posting. I could not take the further heat from VG and sold out. Disappointing as their deposit may be good but company has made potential mistakes this past couple of years. BWDIK. tom BTO looks good.http://www.siliconinvestor.com/readmsg.aspx?msgid=288956555/15/2013 11:17:10 AMamesCf Veris: <<http://finance.yahoo.com/news/veris-gold-corp-reports-unaudited-011000382.html & BTO: finance.yahoo.com http://www.siliconinvestor.com/readmsg.aspx?msgid=288955405/15/2013 10:48:34 AMloantechMaybe the sarcasm is a bit too high here, <G>, but I think the little I know that those numbers are better than many others?http://www.siliconinvestor.com/readmsg.aspx?msgid=288945555/14/2013 8:32:08 PMhubris33Endeavour Mining Corporation - "STINKS!" 1Q13 just out...... finance.yahoo.com  Look at this garbage..... Q1/2013 Financial and Operating Highlights Gold production was 73,654 ounces Gold sold was 71,926 ounces for a mine cash margin of $46 million (equivalent to 28,400 ounces of gold), and after corp...http://www.siliconinvestor.com/readmsg.aspx?msgid=288945235/14/2013 8:07:18 PMamesFWIW, Saville on the miners in re POG historically: <<http://www.kitco.com/ind/Saville/2013-05-13-Comparing-Long-Term-Gold-Mining-Bull-Markets.htmlhttp://www.siliconinvestor.com/readmsg.aspx?msgid=288937115/14/2013 2:24:46 PMhubris33Here is how I valued CGR............... ....................... .................. Assumptions, for better or worse: CGR hits high end of Annual Production Target - 54,000 (already missed on 1Q so this is conservative)POG for 2013 is 1524/oz, equal to the current 60-dMA...http://www.siliconinvestor.com/readmsg.aspx?msgid=288934635/14/2013 1:05:35 PMhubris33Good call on the management team! Now as far as ELG.to over all goes...... ..................... >>>>Would you or do you own this one?<<<< [graphic]Message 28664891 The key for ELG was the projected growth story of the Lupin Mine. Then ELG started making changes at the Bjorkdal Mine and that...http://www.siliconinvestor.com/readmsg.aspx?msgid=288905315/12/2013 10:19:08 PMhubris33More on "All-In Sustaining Costs" in the PM industry..... .............. .................... From AEM's VP of IR comes this presentation to the Denver Gold Forum, May 6. denvergold.org  denvergold.org  Some interesting slides from that presentation.... Someone commented on how costs have cha...http://www.siliconinvestor.com/readmsg.aspx?msgid=288905195/12/2013 10:05:59 PMloantechHubris, ELG. I always liked Glen Dickson who ran Meadowbank and sold it at a good profit. Patrick Downey did well with Viceroy and Buchan trying to turn around ANV had success at K. So it seems they have a good management team. You have mentioned liking high grade and they have it at Lupin. Not so much at Bjorkdal...http://www.siliconinvestor.com/readmsg.aspx?msgid=288903745/12/2013 7:34:25 PMhubris33Tell me these guys a CGR didn't just say this? ............... ................................. From the CC on 1Q Results: Unidentified analyst Yes, Mr. McMillan, I have got two questions. One is the -- can you give an estimate on what your [all in] cost will be this year...http://www.siliconinvestor.com/readmsg.aspx?msgid=288875525/10/2013 5:13:24 PMameshttp://www.siliconinvestor.com/readmsg.aspx?msgid=288836805/8/2013 11:19:01 PMloantechhttp://www.siliconinvestor.com/readmsg.aspx?msgid=288835685/8/2013 10:04:44 PMhubris33How many years until BRD could work ore from those results into the mine plan and actually begin to monetize the results? I'm just askin'.....http://www.siliconinvestor.com/readmsg.aspx?msgid=288834165/8/2013 8:26:19 PMhubris33Fibonacci Queen looks at Gold Chart...... .................. ....... Sees symmetry in recent pullback as it relates to the 1980 pullback. Huh? Yet ANOTHER person making money off my posts and thinking here on TEF? <grin> [graphic] [graphic] eh, then she goes into some daytrad...http://www.siliconinvestor.com/readmsg.aspx?msgid=288834115/8/2013 8:24:13 PMamesBrigus (GRD) drills decent numbers: <<http://www.kitco.com/pr/1503/article_05082013161749.pdfhttp://www.siliconinvestor.com/readmsg.aspx?msgid=288832815/8/2013 6:46:45 PMhubris33More turmoil at Veris Gold.... ........ .............. ............. Veris Gold Corp. Announces Management Changes verisgold.com  This company gets the Roseanne Roseannadanna award - If it's not this, it's that, it's always something! http://www.siliconinvestor.com/readmsg.aspx?msgid=288801855/7/2013 12:16:44 PMhubris33eh, let me do some contrarian thinking out loud about that article.... Yeah, OK, so exploration has collapsed - anyone holding junior miners over the last 18-months learned that BIG time. And yes, there is little capital fro new exploration - especially what this industry calls "greenfield exploration" more commonly ...http://www.siliconinvestor.com/readmsg.aspx?msgid=288801415/7/2013 11:59:20 AMamesSentiment indicators: <<http://www.kitco.com/ind/Townsend/2013-05-06-Gold-and-Silver-Sentiment-Reversal-is-Inevitable.html Interesting that sinclair now argues that TA is no longer applicable to the current situation in gold - a thesis that seems to imply that "this time is different." We'll see.http://www.siliconinvestor.com/readmsg.aspx?msgid=288799455/7/2013 10:46:14 AMamesA different take on mining costs: <<http://seekingalpha.com/article/1405471-good-precious-metals-discoveries-are-scarce-and-extremely-undervalued?source=yahoohttp://www.siliconinvestor.com/readmsg.aspx?msgid=288789575/6/2013 9:04:39 PMhubris33What is the definition of "Bonanza Grade?" ............. ........... .............. Anyone know, or do I have to ask Hoss & Little Joe? ;) {hint 31.1 gpt} ******************************************************************************** roxgold.com  ROXGOLD ANNOUNCES RES...http://www.siliconinvestor.com/readmsg.aspx?msgid=288709195/2/2013 12:44:22 PMZincmanIt is my understanding that hyperinflation is not possible w/ a default currency due to the fact of the peg. <<if there is hyperinflation>> Several non-default fiats have experienced hyperinflation but, to my knowledge, never a default. I could be wrong.http://www.siliconinvestor.com/readmsg.aspx?msgid=288703805/2/2013 9:29:54 AMJimisJimI think we're seeing a new trend in PMs... in addition to the volatility (which is part of any trend reversal, yes?), I think there's a fundamental trend change in the overall investing universe... I am not saying the following is true, but the perception of it is getting some traction: people are not seeing the promis...http://www.siliconinvestor.com/readmsg.aspx?msgid=288690105/1/2013 2:25:04 PMamesClive Maund's latest, gloomy analysis concludes: <<Two storylines have been doing the rounds since gold plunged, designed to keep bullish hopes alive. One is that the supposedly huge disconnect that exists between the paper and physical gold price is going to lead to a massive ramp in the price. If such a price differ...http://www.siliconinvestor.com/readmsg.aspx?msgid=288685355/1/2013 11:15:00 AMloantechWe will go up when Sinclair quits screaming for 5k or 10k gold. This guy has been quite good IMO: seekingalpha.com http://www.siliconinvestor.com/readmsg.aspx?msgid=288683165/1/2013 10:06:27 AMhubris33Oh, look! COMEX boyz decided to slam POG again! [graphic] Anybody remember Sinclair's caution about the volatility in POG several years back? Something on the order of "it'll set your hair on fire?"http://www.siliconinvestor.com/readmsg.aspx?msgid=288682605/1/2013 9:44:07 AMhubris33OK, so my chart of the "rocket ride" up in POG garnered some comments both public and private. So now I feel compelled to toss something else into the mix. About the time I posted asking about release dates on Fed data relative to velocity, I found the following article on another SI thread. [graphic]Message 2885517...http://www.siliconinvestor.com/readmsg.aspx?msgid=288670964/30/2013 4:09:10 PMhubris33http://www.siliconinvestor.com/readmsg.aspx?msgid=288668944/30/2013 2:42:38 PMAmark$pThanks, puts a mild dent in my strategy of long life Working Interest/Royalty Interest in oil wells that will be producing 15+ years from now, supplementing my social security. Luckily, methane hydrate will not replace liquid fuels that will still be needed for transportation (i.e. cars and trucks and airplanes). S...http://www.siliconinvestor.com/readmsg.aspx?msgid=288655014/29/2013 9:08:07 PMJimisJimMy opinion is that it holds great promise, but likely won't be commercially viable for a decade or two or three. Lots of challenges to produce it commercially. But it sure is plentiful and found almost everywhere. It will take some technological breakthrough and/or application of existing tech in new, unthought-of ways...http://www.siliconinvestor.com/readmsg.aspx?msgid=288653914/29/2013 7:52:50 PMAmark$pAny opinion on methane hydrate...? http://www.theatlantic.com/magazine/archive/2013/05/what-if-we-never-run-out-of-oil/309294/?single_page=truehttp://www.siliconinvestor.com/readmsg.aspx?msgid=288653174/29/2013 7:10:49 PMhubris33>>>Daily chart suggest this may happen. Right now is a tad bearish. Bearish wedge right at fib retracement after nice several day run up, perfect spot for taking some profits for those nimble traders that entered at bottom. <<< Agreed. You no takey profits here, you ride the escalator down again and risk permanent ...http://www.siliconinvestor.com/readmsg.aspx?msgid=288637144/28/2013 9:53:04 PMhubris33Here is what bugs me..... .................... ................... . Gold prognosticators were pounding the table last fall, winter and earlier this year - that 2500 was just around the corner and the bolder ones claiming that 3000, 5000 or 10,000 were a pos...http://www.siliconinvestor.com/readmsg.aspx?msgid=288637014/28/2013 9:44:53 PMMario :-)Blees ratio finally hit 100 for gold. Not for silver yet [graphic] $BPGDM is at 0 but possible whipsaws are not excluded. Just like last Summer. We already had one. Are we getting any more? [graphic] Daily chart suggest this may happen. Right now is a tad bearish. Bearish wedge right at fib retracement after nice s...http://www.siliconinvestor.com/readmsg.aspx?msgid=288631764/28/2013 2:12:27 PMhubris33[graphic] Ratel Group Limited and RTG Mining Inc. complete restructuring transaction web.tmxmoney.com  PERTH, Western Australia, April 15, 2013 /CNW/ - Ratel Group Limited ("Ratel Group") and RTG Mining Inc. (TSX:RTG) ("RTG") are pleased to announce that Ratel Group and RTG have completed the restructuring transac...http://www.siliconinvestor.com/readmsg.aspx?msgid=288625654/27/2013 8:21:38 PMLoneCloneThanks, hadn't noticed that. I have some CRK warrants that have over three years left on them, so if the PoG cooperates I may even make some money on them. LChttp://www.siliconinvestor.com/readmsg.aspx?msgid=288589234/25/2013 4:23:43 PMhubris33Speaking of miners in trouble.... I see that Crocodile Gold took advantage of the "dip" in POG to close out all of its forward sales of ~1560 and was able to net over $50MM such that they paid down some of the 69M debt down to the 11M range. Not a bad day's work to clean up the balance sheet! Guess it helps when a ...http://www.siliconinvestor.com/readmsg.aspx?msgid=288587304/25/2013 3:09:07 PMLoneCloneThat's going to be a theme to watch for the next while; those miners that are financially sound picking and choosing what they want from those in trouble. LChttp://www.siliconinvestor.com/readmsg.aspx?msgid=288585264/25/2013 1:50:46 PMhubris33What happened to B2Gold? It was down to a low of $2.00 and hit a high of 2.69 today? (+34%) Huh? Oh, look more BTO.to news.....Calibre obviously in trouble here.... calibremining.com  April 25, 2013 B2Gold to Spend $6.0 Million to Earn an Additional 19% Interest in Calibre's Primavera Gold - Copper Project and S...http://www.siliconinvestor.com/readmsg.aspx?msgid=288584184/25/2013 1:17:45 PMhubris33Anybody know when the Fed releases 1Q data so we can see how the velocity fairs? Are we still falling off a cliff? Sure appears to be the slowest velocity since data was recorded/measured. [graphic] [graphic]http://www.siliconinvestor.com/readmsg.aspx?msgid=288577954/25/2013 9:22:47 AMamesGoldman closed its short, but it takes a week or more for their announcement of it to travel to us through interstellar space. --A law that Einstein overlooked. http://www.siliconinvestor.com/readmsg.aspx?msgid=288534554/23/2013 10:54:06 AMhubris33Yes. The severity of the drop was surprising. Signs were there that the Bears wanted to take POG lower or were well positioned. Honestly I thought it would have come sooner, so my call perhaps a bit early? Guess I should thank Goldman for making me look good? But that chart was compelling. There was support in the...http://www.siliconinvestor.com/readmsg.aspx?msgid=288519014/22/2013 3:07:42 PMNo Mo Mo"Anybody care to look at COT of recent?" Of course. This read of yours was echoing in my head all last week. Were you surprised by the intensity of the drop compared to your COT read? -------------------------------------------------------------------------------------- siliconinvestor.com "This chart should send ch...http://www.siliconinvestor.com/readmsg.aspx?msgid=288513904/22/2013 11:46:17 AMhubris33Anybody care to look at COT of recent? How it responded to the Thrashing given to the POG? Anything to be learned from it?http://www.siliconinvestor.com/readmsg.aspx?msgid=288513504/22/2013 11:33:51 AMhubris33Looks like some short covering here in POG... ................. .................... I'll need to check the news, but interesting that this is on the LBMA watch. Just hoping it isn't a bull trap. Now we watch for the Open of the Comex. If shorts are trapped from near Fri...http://www.siliconinvestor.com/readmsg.aspx?msgid=288508814/22/2013 7:36:08 AMhubris33Here is the evidence from the CGR CC on 13-Aug-2012. ........ .............. Caller - Private InvestorI had a question. You have been stating that you are cash flow positive and I am just wondering if guys have calculated at what price of gold does that cash flow positive turn...http://www.siliconinvestor.com/readmsg.aspx?msgid=288476614/19/2013 10:26:01 PM