GRINCH Posted November 4, 2008 Report Share Posted November 4, 2008 sinclair has some interesting stuff on his site today. Good old uncle Jim and his 5 pillars: Mineset Let?s have a look at them there golden pillars?. #1? Top in the dollar? If de-leveraging and the process of true marking to market is over, answer yes. (I?m not so sure). #2?.Declining confidence in U.S. paper? Yes. That is the crux of this whole mess. #3?.Bullish commodities? Long-term charts say maybe. Short-term a definite no. Fundamentals say marginal, unfunded producers of anything are vanishing. Supplies will be strained. New high-powered money (monetary base) is expanding. Huge inflation in the pipe, but not on the street yet. Grinch thinks commodities still good. Only need time. #4?.Triple deficits? And how. Big yes. #5?.Long-bond top? Ha! That?s grinchies? MAJOR indicator. When that bitch gets rejected, the only talk around here will be, ?How High?? I give it a maybe. 0-bound seems inevitable. Might need some time. We are almost there. Grinch admires Sinclair for never wavering. Timing is not his specialty. But true bulls care little for time. Accumulation is the objective Link to comment Share on other sites More sharing options...
Ageka Posted November 4, 2008 Report Share Posted November 4, 2008 Probably better than a triple from the bottom in some issues. Since mid term I am looking for 400% on Anglogold I am probably looking for more on Drooy ? KInross? TRE? Yamana? etc Link to comment Share on other sites More sharing options...
GRINCH Posted November 4, 2008 Report Share Posted November 4, 2008 Since mid term I am looking for 400% on Anglogold I am probably looking for more on Drooy ? KInross? TRE? Yamana? etc Anglo: I don't know. Drooy: A salvage business now. Deep mines a disaster. Stay away. Kinross: A winner. Canadian soldier. TRE: I don't get it. Where is the future cash-flow? Stay away. Yamana: The Babe Ruth of Canadians. Nothing but homers. etc: Lots of cash, full permits, production now or tomorrow, GOLD MINERS ONLY! Last chance at these levels. Link to comment Share on other sites More sharing options...
Private Skidmark Posted November 5, 2008 Report Share Posted November 5, 2008 Anglo: I don't know. Drooy: A salvage business now. Deep mines a disaster. Stay away. Kinross: A winner. Canadian soldier. TRE: I don't get it. Where is the future cash-flow? Stay away. Yamana: The Babe Ruth of Canadians. Nothing but homers. etc: Lots of cash, full permits, production now or tomorrow, GOLD MINERS ONLY! Last chance at these levels. I'll defend TRE. It's one of my largest positions and has been for a couple years. I think the same could be asked for any exploration play, where is the cash flow? My understanding is that Uncle Jim's plan is to define a resource at Kigosi, hopefully surprisingly large, and then sell to the consolidator or China at or near the top. I doubt he will even announce an initial estimate for Kigosi until gold is at a new high. He is very patient and, like you say, consistent. I trust him. His money is behind it. The drill results so far are very promising. In his own words, he "does not play for peanuts." Either this will be huge or it will be nothing. My money is on huge. But I'll live if that's wrong. Link to comment Share on other sites More sharing options...
GRINCH Posted November 5, 2008 Report Share Posted November 5, 2008 I'll defend TRE. It's one of my largest positions and has been for a couple years. I think the same could be asked for any exploration play, where is the cash flow? My understanding is that Uncle Jim's plan is to define a resource at Kigosi, hopefully surprisingly large, and then sell to the consolidator or China at or near the top. I doubt he will even announce an initial estimate for Kigosi until gold is at a new high. He is very patient and, like you say, consistent. I trust him. His money is behind it. The drill results so far are very promising. In his own words, he "does not play for peanuts." Either this will be huge or it will be nothing. My money is on huge. But I'll live if that's wrong. No quarrel, my Homie. I'm only concerned with survival. I need cheap production, Now. I need no need for future financing whatsoever.....Now. I need to be in, but need to have the ability to survive all outcomes. I think the best blue-chipper is AEM. Amazing growth profile. Lots of juicy coming on line. But grinch is bored with doubles and triples.......I need white-knuckle thrills. 10 baggers or bust. Link to comment Share on other sites More sharing options...
dharma Posted November 5, 2008 Report Share Posted November 5, 2008 anyone have information on ngd? debt? cash on hand? cash flow? %of gold, copper, silver. thanks dharma Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted November 5, 2008 Report Share Posted November 5, 2008 This is way off topic but for you lawyer types....The Supremes. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted November 5, 2008 Report Share Posted November 5, 2008 NGD Oct. 23 Third quarter results from Yahoo. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted November 5, 2008 Report Share Posted November 5, 2008 Just for informational purposes only...... WGW 3rd quarter news release. (production up, costs down) Here and WGW is doing a share repurchase. Here For the rest of the sector, I think I'll get my dart board dusted off. Link to comment Share on other sites More sharing options...
bearvest Posted November 5, 2008 Report Share Posted November 5, 2008 Miners: Tuesday's spike could be the 5th wave (and terminus) of the first leg up to new highs. If so, we should correct for 3-5 days, likely to XAU 80. Usually, after an impulse, the correction is to wave 4 of the impulse. Link to comment Share on other sites More sharing options...
bearvest Posted November 5, 2008 Report Share Posted November 5, 2008 Commodities: Near perfect 61.8% retracement. Violate this and it's deflation ahead. If it holds, commodities are on a wild 3rd wave into the stratosphere. Link to comment Share on other sites More sharing options...
Ageka Posted November 5, 2008 Report Share Posted November 5, 2008 Anglo: I don't know. Drooy: A salvage business now. Deep mines a disaster. Stay away. Kinross: A winner. Canadian soldier. TRE: I don't get it. Where is the future cash-flow? Stay away. Yamana: The Babe Ruth of Canadians. Nothing but homers. etc: Lots of cash, full permits, production now or tomorrow, GOLD MINERS ONLY! Last chance at these levels. Thank you for your opinion . Stilfontein when it was dead had so much land that it was worth more dead then alive I bought Drooy at 34 cents and it is an half position now fibrllating between 30 and 33 cents Death or tenfold is what I look at on Drooy Since I know that from 10 stock on you have made yourself a tracker I stay at or below 7 For the moment Harmony and Minefinders complete my set What are your thoughts on Minefinders and Harmony ? Minefinders looks like a yoyo to me doing 10-15 % intraday Link to comment Share on other sites More sharing options...
Ageka Posted November 5, 2008 Report Share Posted November 5, 2008 I was waiting to buy and HUI clawed its way back up to green wow Link to comment Share on other sites More sharing options...
Ageka Posted November 5, 2008 Report Share Posted November 5, 2008 There must be a wrong advertissement on the stool since Norton keeps saying it is a known bad site with known phishing and dangerous and has been blocked for my safety and is reported to Norton ??? Link to comment Share on other sites More sharing options...
AgentSmith Posted November 5, 2008 Report Share Posted November 5, 2008 Pullbacks be damned...I cleaned out the ask @ .145 on CXZ with a "whopping" $1,400.....god forbid someone w/ *real* money try to step into these juniors. 11/05/2008 11:08:06 Bought 9700 CXZ @ 0.145 -1,416.45 Link to comment Share on other sites More sharing options...
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