Thursday, 29 November 2012

Mickey Fulp Interview at Beneath the Surface

Fulp is a Geologist newsletter writer who gains some respect in the industry and has warned of hard times for the junior companies for some time.

JUMEX Survey - Grant Thornton Junior Mining & Exploration

Key issues; funding, regulation, labour availability.
Increased M&A activity is likely if funding conditions do not improve as companies with cash take advantage.
Linked HERE

Saturday, 24 November 2012

Ron Rosen - Bullish Gold, Silver, HUI Price Targets 2014

An interesting view of price targets, with the most bullish outlook for the Gold mining stocks from Ron Rosen on KWN..... Including Update 26th Nov

Pierre Lassonde at Grant's Autumn 2012 Conference

A good presentation of gold's fundamentals by Pierre Lassonde, one of the industry's most successful figures.

Wednesday, 21 November 2012

Peter Brandt - 30 Years of Chart Patterns in Gold

Quite a document by Peter Brandt reviewing chart patterns in Gold over 30 years........

Ian McAvity Gold Price Targets

Technical analyst Ian McAvity suggests gold price support at $1650 and a break out above $1,800 being key to see $2,000 by year end and on past gain percentages seeing $2,600 as early as February / March. Others see a longer journey to those levels.

Will Japan target 2-3% inflation?

Japan's election following the US and Chinese leadership change is discussing money printing "solutions".
Article here

Sunday, 18 November 2012

Wednesday, 14 November 2012

Cashed Up Buyers of Junior Miners and Explorers?

A discussion of Capstone and Nevsun's cash holdings, $500-700m and $400m respectively, perhaps for Mergers and acquisitions.
Will they stick to base metals or look to gold?
Nevsun is a significant gold producer already in Africa, Capstone is more Copper focussed but is funding an IOCG exploration venture with Westminster resources in Mexico, so might be interested in diversification.


Tuesday, 13 November 2012

Junior Gold Mining M&A - Osisko to buy Queenston

The junior developer buyouts keep coming.
Here Osisko, now in production with very large open pit mine, securing in Queenston a large position in the Kirkland Lake camp, with Upper Beaver the most developed asset which could get into production by 2016.

Paying $550, EV $400m

Story HERE

Sunday, 11 November 2012

Saturday, 10 November 2012

Gold Junior M&A Valuation Comparisons

A comparison of Prodigy and Galway acquisition valuation metrics by Danny Deadlock at Stockhouse.

Randall Oliphant - Virtues of Growth Mid-Tier and Junior Miners - New Gold Looking for M&A Targets

Interview with Barrick's former head now at New Gold with several other leading industry figures including Pierre Lassonde, Robert Gallagher, Raymond Threlkeld and Martin Konig.

Friday, 9 November 2012

Gold Junior M&A - Hochschild buy Andina

"Hochschild has agreed, subject to the terms of the Support Agreement, to make an offer to purchase all of the outstanding common shares of Andina by way of a friendly take-over bid at a price of C$0.80 per share in cash (the "Offer").

Wednesday, 7 November 2012

Obama Wins - Good for Gold - Don Coxe

Interview at Kitco

Monumental Move for Gold - 15x3 Point & Figure

From KWN News - LINK HERE to read more and see chart

Ron Rosen - “The 15 X 3 point and figure chart shows us that there have been three major selloffs since the year 1980.  Each bullish breakout from the selloff has returned to and successfully tested the breakout line.  The middle breakout line was tested twice.
Once the tests were complete a huge bull move began.  The current breakout, like the previous two breakouts, is being tested.  It would be most unusual if the breakout line was not tested.  When the test is complete, we will most likely see the biggest move of this entire gold bull market.

Tuesday, 6 November 2012

US Debt and Dollar Risk - The Triffin Dilemma - Council on Foreign Relations

According the the Council on Foreign Affarirs
The bimonthly Foreign Affairs is widely considered to be the most influential magazine for the analysis and debate of foreign policy and economics. Its website,, publishes original daily features and hosts the complete archives going back to 1922. 

Bonds and Flows to Gold - Don Coxe

Some time, the 30 year bond bull ends.
It may already have done so.
Or it may take years and the heads of many who try to short, as in Japan.

Monday, 5 November 2012