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

London Bullion Market Association - LBMA - Conference - Hong Kong - 2012 - Marc Faber Slides - Barrick Mining Presentation

The LBMA Conference 2012 agenda and presentations.

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.

Brent Cook - Tips for Picking Companies with Potential

Brent Cook on Beneath the Surface with Scott Gibson.......

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

Rick Rule at San Francisco Hard Assets

Rick Rule interviewed by Daniella Cambone at Kitco news.......

Jim Sinclair - Gold Balancing the International Balance sheet of the US / Technicals

Recent Posts discussing Gold price objectives to balance the International Balance sheet of the US and technical analysis.

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.

HERE

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

High Stakes Speculation

I'm not usually a fan of Casey, but this is quite a good article from Louis James on what it can take to hit the 10-baggers speculators look for in grass roots gold exploration stocks.

11.11 - Remembrance

More.....

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.

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").

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.

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,ForeignAffairs.com, 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.

Junior Mining Buzzword Bingo

Very funny find at Inca Kola from Javelin Partners.
All too familiar from the world of junior mining powerpoint promotions.....

http://incakolanews.blogspot.co.uk/2012/11/junior-mining-buzzword-bingo.html

OT - Northumberland

Time by the Sea in a great part of Britain.

Cancelling Government Debt held by Central Banks

A theme seems to be emerging discussing this possiblity.

Frank Giustra at the Canaccord Recources Conference - Gold - Mother of all Bubbles - About to witness the greatest transfer of wealth in history

Wide ranging discussion.
"We are about to witness the greatest transfer of wealth in the history of mankind, in a way so stealth most people won't notice, through inflation, people will wake up one day and find their wealth has been destroyed. People will wake up looking for the culprits. A great illusion, Bernanke pointing to the benefits of QE, setting the stage for the transfer of wealth by inflation. People will look for scapegoats"

Junior Gold Merger - Blue Gold with Riverstone

More signs of M&A activity in the junior gold mining and exploration stocks with the announcement that Blue Gold Mining (BGX.v) will merge with Riverstone (RVS.v).

Junior Gold Miner M&A - Eike Batista's AUX acquires Calvista and Galway in Colombia

Brazilian billionaire Eike Batista acquired Ventana in February of 2011 for $1.5bn , with Ventana citing a lack of other options after speculation of higher bids. Ventana's La Bodega / La Mascota was a major discovery of the last junior gold cycle, with a high grade gold discovery in Colombia.

Canaccord Genuity Resources Conference 2012 - Miami

Always interesting to see which companies are promoting to institutional investors.

As money hides away, Gold heads for a blow off top

Interesting views to be expressed in the FT, although in the FTfm sub-section, from John Dizard who often has a different perspective. Usually worth following the "comments" at the FT.
Dizard points to the real mania being in sovereign debt and its end being potentially the stimulus for gold's own blow off. Sounds like he reads Sinclair !

Gold Junior Miner M&A - Argonaut Gold buys Prodigy Gold

Junior Producer Argonaut Gold (AR.TO), who I would categorise as a "growth consolidator" in the gold junior space, led by respected ex Meridian management to a near $1bn market cap with only 100k oz pa current production in Mexico, are to acquire Prodigy Gold (PDG.v) who recently increased resources at their Magino Deposit in Canada ~ 6m oz, relatively low grade - although as Prodigy point out, ranking quite high grade alongside other deposits available for development......

Points to Ponder on Junior Mining Stocks

At Canadian Mine Analysis

http://www.canadianmineanalysis.com/2012/10/some-points-to-ponder-for-the-junior-mining-stocks/#more-295

IMF Game changer? - Enough of that Austerity already

While Central Bank leadership applicants suggest more radical printing policies (see below) the IMF suggests Austerity is damaging growth.

UK Financial Times : UK needs to talk about helicopters - Adair Turner Mansion House Speech

Adair Turner's pitch for the job of Governor of the Bank of England in his Mansion House speech referred to more extreme monetary policy options, taken by many to imply full monetisation of government debt, UK Gilts........

Pimco Turn Goldbug

Mainstream investment houses continue to come to recognise the case for gold......

Carlos Slim's Minera Frisco Buys More Gold & Silver in the Ground from Aurico

Carlos Slim's Precious Metal Mining company, Minera Frisco, announced the purchase of Aurico's Ocampo mine and exploration assets in Chihuahua state Mexico for $750m.
Ocampo was the old Gammon Gold mine.

Aurico's stock jumped 20% higher, they will focus on Young Davidson in Canada and the former Capital Gold assets in Mexico.

So why did the world's richest man want a mine which has always struggled to fulfil its promise under Gammon and Aurico?

http://www.mineweb.com/mineweb/view/mineweb/en/page66?oid=159939&sn=Detail&pid=66

Mines & Money - Australia / London

Upcoming conferences and presentations in October and December 2012

Standard Chartered - Earth's Resources Conference

Presentations from companies presented in June 2012 in Hong Kong.

Stan Bharti - Sulliden - Forbes Manhatten - Aberdeen Management

Stan Bharti's groups of companies have been avoided by some gold investors due to generous management payments, incentives and company structures where Aberdeen float deals from Forbes Manhatten.

This analysis of Sulliden at the Inca Kola blogspot made it to BNN and saw over 6m shares traded in SUE.TO, down 16%

Torex - Morelos Gold Project BFS and raise $350m

Torex (TXG.TO) have demonstrated that there is an appetite for investment in junior gold developers with a fund raising for $350m to progress mine development for production by the end of 2015, hitting 375k oz pa production by 2017. This follows on from their recent Bankable Feasibility Study (BFS)

Hitting $2bn NPV at $2000 gold there is limited leverage to the current $800m market cap.

However this is seen as a safe project, relatively low capex and high margin due to the 5m oz deposit being relatively high grade.....