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   Strategies & Market TrendsThe Ego Forum


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From: hubris3312/24/2012 11:02:23 AM
   of 12175
 
Here's to a Merry Christmas to all who might wander into TEF! Hope the season finds you happy and healthy!

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From: hubris3312/26/2012 11:27:40 PM
1 Recommendation   of 12175
 
COT an interesting study.... ......................... .................

Well last week we were all excited about the positive divergence shown by COT's Open Interest (OI) versus a declining POG. We posted a chart here:

Message 28619131

Unfortunately Friday before the holidays wasn't friendly to our theory. OI dropped 5,192 as POG recovered a bit (+14.20) from its Thursday smack down of -21.80. So Friday we hit a new short-term low of 425K OI.

Christmas Eve we added a bit to the OI, but not enough to "cancel out" our two-day OI drop. Looks like that positive divergence is trashed or in serious trouble here.

So we watch & wait. Obviously if we are going to get a run up in the paper POG, we need OI to expand to support such a rise. Now I'd like to see 430K to start things, but a break above 440K looks like it is what is needed for a strong up move.

So what happens the rest of this week? Is every one on vacation or are Funds still squaring books for the EoY? Is the fiscal cliff enough of a deal to send investors into Gold's hands?

Here's the chart, fwiw......


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From: hubris3312/27/2012 12:03:33 AM
   of 12175
 
What does this mean? ............... .......................

stockcharts.com




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To: hubris33 who wrote (11441)12/28/2012 11:40:15 AM
From: hubris33
   of 12175
 
marketwire.com

Harte Gold Raises $2,865,120 Under Private Placement

TORONTO, ONTARIO--(Marketwire - Dec. 27, 2012) - HARTE GOLD CORP. ("Harte") (TSX:HRT)(FRANKFURT:H4O) announced today the final closing of its non-brokered private placement announced December 4, 2012. Harte raised total gross proceeds of $2,865,120 under the two closings, which will be used to fund exploration, permitting and technical studies associated with advanced exploration at the Company's 100% owned Sugar Zone property and, general corporate purposes.

Subsequent to the initial closing of the private placement announced December 4, 2012 and due to investor demand, Harte applied for and received TSX approval to increase the amount of funds to be raised under the Flow Through Unit offering from $2,000,000 to $2,350,000.

Pursuant to the final closing, Harte Gold issued 567,000 Units at $0.15 per Unit for gross proceeds of $85,050. Each Unit consists of one common share and one-half common share purchase warrant. Each full warrant is exercisable at $0.25 for a period of eighteen (18) months from closing. Harte also issued 3,159,588 Flow-Through Units at $0.17 per Flow Through Unit for gross proceeds of $537,130. Each Flow Through Unit consists of one flow-through common share and one-half common share purchase warrant. Each full warrant is exercisable at $0.25 for a period of eighteen (18) months from closing.

Finder's fees payable in connection with the final closing of the private placement consist of a cash payment equal to 6% of cash raised and that number of common share purchase warrants equal to 6% of the number of Units and Flow-Through Units issued pursuant to certain orders in the private placement, for a total of $8,954 and 53,375 warrants. Each Finder's warrant is exercisable at $0.18 for a period of eighteen (18) months from closing.

About Harte Gold Corp.

Harte Gold Corp. is focused on the development of its 100% owned Sugar Zone property and is currently permitting an advanced exploration program for the Sugar Zone Deposit. The Sugar Zone property is located 60 kilometres east of the Hemlo Gold Camp. Harte also holds the Stoughton-Abitibi property located on and adjacent to the Destor-Porcupine Fault Zone in close proximity to the 2.5 million ounce Holt-Holloway Gold Mine in the Timmins, Ontario Porcupine gold camp.

Common Shares Outstanding: 190,181,554


The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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From: hubris3312/28/2012 4:57:06 PM
   of 12175
 
Free Money anyone? .................. ...............

I dunno... doesn't this look like "free money" to you?

Buy AUQ shares here at 7.80. Tender them to the "dutch auction" at an offer price of $8.30(1) You may get more for the shares if the auction price is higher. You make 50-cents per share when the deal closes January 23, 2013.

+6.4% Gain for one month's "work" looks like 72% Annualized. Let's say it takes 2-months to get your money, that's still an annualized return of 38%! Not bad, and seemingly low risk as well?

eh, but why take a lower-risk, lower-reward opportunity when we can swing for the fence?

1. finance.yahoo.com

The Offer will proceed by way of a "modified Dutch auction", pursuant to which AuRico shareholders may deposit all or a portion of their Shares at a price within a range of not less than $8.30 per Share and not more than $9.30 per Share (with increments of $0.05 per Share within that range). The modified Dutch auction tender process allows shareholders to individually select the price, within the specified range, at which they are willing to sell all or a portion of their Shares. When the Offer expires, AuRico will select the purchase price of the tendered Shares which will be the lowest tendered price within the range of prices, enabling the Company to purchase up to the maximum number of Shares validly tendered to the Offer. All Shares tendered at or below the selected price level will be bought at the purchase price. If the aggregate cost to purchase the tendered Shares exceeds $300 million, the Company will accept such Shares on a pro-rata basis. All Shares tendered at prices higher than the final purchase price will be returned to shareholders.

The Offer will not be conditional on any minimum number of Shares being tendered to the Offer, but will be subject to other conditions customary for transactions of this nature. The Offer will remain open for acceptance until January 23, 2013, unless extended or withdrawn.

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From: hubris3312/31/2012 2:56:03 PM
   of 12175
 
What do we need to see from COT in order to support a price hike in POG? .... ...

Friday's OI - 425K


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From: hubris3312/31/2012 3:11:11 PM
1 Recommendation   of 12175
 
*** Happy New Year! *****

How Many PM Stocks Did You Look at this Year? ...................... .................

Ugh! Just finished assembling notes on a slew of PM companies that have crossed my path, for some reason or another. Some are great plays, many dogs. I ended up ranking 17.5% as a "A", 7.5% got a B, 27.5% a C and 5% a D and 42.5% an F! Some are large established miners with great growth potential, some are exploration plays. Quite a few dead shell companies. Found these from various sources. Sometimes one company has common leaders with another, other times the names crop up on those comparison charts in the corporate presentations, some times they own shares of each other? Now there are a few (well many) that are on the GDX or HUI that aren't on my list - though I have looked at them, just not overly interested. Of course there will be more added as time goes by. I'll probably take a look at the rest of the GDXJ list of stocks, but note about 26% of those companies are NOT listed on a North American Exchange and thus relatively inaccessible - so why bother?

So if anything strikes your fancy... let's get some comments going? Who wants to trade DD?

ABT.v

Abcourt Mines Inc

AEM

Agnico Eagle

AXU

Alexco Resource Corp

AQI.ax

Alicanto Minerals Ltd

ANV

Allied Nevada

AAU

Almanden Minerals

AR.to

Argonaught Gold

ATC.to

ATAC Resources Ltd

ATN.to

Atna Resources Ltd.

AUN.v

Aurcana Corporation

AUQ

Aurico Gold

AZK

Aurizon Mines

AVK.to

Avnel Gold Mining

BTO.to

B2Gold

BAA

Banro Corporation

BRD

Brigus Gold

CNX.v

Callinex Mines Inc.

CDG.to

Candente Gold Corp

CGJ.to

Carlise Goldfields Ltd

CCM.to

Carnac Resources

CZY.v

Caza Gold

CGR

Claude Resources

CZA.to

Cobriza Metals Corp

CDE

Coeur d'Alene Mines

CSI.to

Colossus Minerals Inc.

CRG.to

Corona Gold Corp

KOR.to

Corvus Gold

CRK.to

Crocodile Gold

CXZ

Crosshair Energy

DNA.to

Dalradian Minerals Ltd

DM.to

Duluth Minerals Limited

ELG.to

Elgin Mining Inc.

ELY.v

Ely Gold & Minerals

EDV.to

Endeavor Mining

EXK

Endeavour Silver Corp

GIX.to

Geologix Explorations

GUM.v

Gold Mountain Mining

GORO

Gold Resources Corp

GG

Goldcorp

GPD.to

Golden Predator Corp

GGA.to

Goldgroup Mining Inc.

GCM.to

Gran Columbia Gold

HRT.to

Harte Gold Corp

HL

Hecla

KBX

Kimber Resources

LEX.to

Lexam VG Gold Inc.

LSTG.pk

Lone Star Gold

LYD.to

Lydian International ltd

MCK.v

Manson Creek Resources

MTO.v

Metanor Resources

MAX.to

Midas Gold Corp

IRL.to

Minera IRL

NEM

Newmont Mining

NAI.v

Northern Abitibi

OSK.to

Osisko Mining

PFN.to

Pacific NorthWest Cap

PMU.to

Pacific Rim Mining

PLL.v

Palladon Ventures

PKL.to

PC Gold Inc

PG.to

Premier Gold Mines Ltd

PPP

Primero Mining Corp

QMX.to

QMX Gold Corp

RAB.v

Rambler Metals & Mining

RTG.to

RatelGroup Ltd

RV.to

Revolution Resources

RIC

Richmont Mines

RIO.to

Rio Alto Mining

RCT.v

Rochester Resources

R.to

Romarco Minerals

ROG.v

Roxgold Inc.

RBY

Rubicon Minerals

SFEG

Sante fe Gold

BUD.v

Satori Resources

SBI.to

Serabi Gold

SEI.v

Shane Resources ltd

SPD.to

Silver Predator

SAS.to

St. Andrew Goldfields

SAU.to

St. Augustine Gold & Copper LTD

SUE.to

Sulliden Gold

TKK.v

Takara Resources Inc.

TRX

Tanzania Royalty Exp

TXG.to

Torex Gold Resources

TRY.to

Troy Resources Limited

TRM.v

Trueclaim Exploration

VGZ.to

Vista Gold Corp




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To: hubris33 who wrote (11607)12/31/2012 4:59:05 PM
From: loantech
3 Recommendations   of 12175
 
Hubris thanks for your hard and intelligent work. The intelligent part leaves most of us out.

I like another Nevada play that I picked up just a couple weeks back or so. VG.t.
verisgold.com

The old Queenstake. Recent share rollback and financing clobbered the price so may have some value and they project good growth for 2013. May happen as they changed mine management a couple years back:

Vancouver, BC -- December 7, 2010 -- Yukon-Nevada Gold Corp. (the "Company") (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) is pleased to announce the appointment of Mr. Guy Simpson as the General Manager at Jerritt Canyon, Nevada.
verisgold.com

What I really like is the roaster worth a billion or so to reproduce. They can rent out capacity to bring their gold cost down:

?6,000 Tons/Day Roaster Mill at the Jerritt Canyon Mine - Valuable Strategic Asset

?Replacement cost of US$1 billion. No new roasters have been permitted in the past 12 years and none are planned.

?Toll milling opportunities - numerous companies with refractory ore in Nevada and surrounding region.

?The only roaster in Nevada and surrounding region with near-term excess capacity.

?Roaster permitted capacity of 6,000 tpd (5,400 tpd factoring in availability).

?Jerritt underground production of 3,000 tpd from current mines leaving approximately 2,400 tpd for toll milling ore processing at full permit capacity.

?Current terms being considered for toll milling agreements include:

?Start @ 1,500 tpd by Q2 2013 and up to 2,400 tpd of excess processing capacity by 2014.

?Batch processing ores with metal delivered as recovered, or VGC to retain a portion of 3rd party gold as upside.

?Structured similar to smelter concentrate processing agreements.

?Potential to initially generate $50 - $75mm, cash cost target of US$550/oz and ultimately as much as $125mm in annual revenue credit, with possible cash cost reduction to ~US$400 - US$550/oz. >>>>>>>>>>

With some luck maybe VG becomes a TO target with that roaster. Not sure why ANV did not buy them out but time will tell. ANV may be building their own.

Growth potential:

Production Growth

?Expected 2012 gold production of 110,000 ozs.

?Currently on 150,000 ozs/year run rate and ramping up to 180,000-200,000 ozs in 2013 (not including toll milling).

?Cash costs declining from average of approximately US$1,600/oz in H1 2012 to an estimated US$1,015/oz Au in Q3 2012 and forecast US$885/oz in Q4 2012, driven primarily by increased throughput. >>>

See roaster renting to lower costs down to a great number IF IT HAPPENS.

Happy New Year,
Tom

PS:VG.t has some gold loans....... :-(((

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To: loantech who wrote (11608)12/31/2012 6:29:21 PM
From: hubris33
   of 12175
 
Thanks for contributing that - looks like some good DD there on a turn-around kind of play!

As always, hitting targets and cash costs will be key.

Good luck!

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To: hubris33 who wrote (11609)12/31/2012 6:30:16 PM
From: loantech
   of 12175
 
I may need luck with that one. LOL. But as they say a rising tide lifts all boats. So many may have a chance.

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