Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (57689)	3/18/2008 9:00:07 PM
From: loantech	Read Replies (2) of 78416

Marcos lending is still getting tightened up. Higher penalties unless you have perfect credit. FNMA and FDMAC requiring a down no more 100% financing I don't think. Not the final word. FHA will still be a bit loose regarding ficos.Tiered pricing is here with discount points added for different fico ranges. Not going to be able to bail out a lot of liar loan people because to do that they have to qualify the old fashioned way.On top of that with market values pulling back a lot of borrowers are under water. A refi will not help as they cannot meet value criteria. Back to reality. Rumors. USA that drift from the news the other day may be big. Maybe they hit on some other holes. Other positive stuff some I will not repeat. Besides it is not fact until published as CC used to tell me.Contract miners helping out. Maybe some mechanized underground mining on the way with wider zones. Caladay still of interest. Maybe they hit big in some holes. WGW/WGI: rumor investec sold out 11 mill shares or is about finished. That capped the stock. Rumor only. Also WGW looks attractive to suitors at this low price who knows just what I heard. Western is still in the hunt for a merge or acquisition. The street knows but does not care right now. Even Peter Hodson mentioned a potential merge candidate yesterday on BNN. Not the Golden Queen which has come up and may be a target. Golden Queen may need more permits though. Drilling going swell. Expanding. Rumor maybe they will get a permit to move more tonnage. All rumor at this point. But I am holding my USA and WGW. AT some point USA at 3 and WGW at 8-9. I can retire if it happens. Fingers crossed.If we get half way there USA at 1.50 and WGW at 5 things to ponder. Market giveth and the market take away.

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