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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (130844)	9/15/2008 11:37:44 AM
From: WalterWhite	1 Recommendation Respond to of 313137

Have to agree with CC that juniors fully cashed up are a must in this environment. I have been adding DGP and HGU.t, with tight stops. With volatility so high, we may see jumps of $50 or $100 for gold in a single day. Physical demand is very high from all reports I have seen. Increased physical demand, declining production, coupled with the current financial mess is about as good as it gets for gold prices increasing. Globe

To: Claude Cormier who wrote (130844)	9/15/2008 11:57:17 AM
From: loantech	Read Replies (1) \| Respond to of 313137

<Right now, profits are collapsing for big miners.> Well the hedge should help WGW? <I prefer the smaller issues with good cash relative to market caps, good projects and/or cash flows that do not need hundred of millions in an the next few years.>>> Would CPQ need a few hundred million to go or in your opinion will it just be bought out by a goldcorp type and they have the $$$ to build it out?

To: Claude Cormier who wrote (130844)	9/15/2008 11:57:29 AM
From: jpthoma1	Read Replies (2) \| Respond to of 313137

Although annual production is less important than total above ground supplies, it would imply a major significant distortion in the supply/demand equation. Gold price will eventuall have to explode to fix that equation. But what about central banks? They may be interested to get rid of a few thousand tonnes of gold to limit gold price increases and monetary instability. I don't trust these banks. JP

To: Claude Cormier who wrote (130844)	9/15/2008 12:05:40 PM
From: mimur	Read Replies (1) \| Respond to of 313137

par example........Goldcorp suspends Pamour mine ops as prices fall Goldcorp (G.TO: Quote, Profile, Research, Stock Buzz) has suspended mining at its Pamour open pit in Ontario due to falling gold prices, a spokesman for the gold producer said on Monday. Production statistics were not immediately available for Pamour, but company spokesman Jeff Wilhoit said the mine was "not material" to the company's overall results. Pamour is part of the company's Porcupine operation at Timmins, Ontario. "We would certainly revisit operations there at a future date," Wilhoit said, adding that he did not anticipate suspension of other mines at current prices. (Reporting by Cameron French; Editing by Peter Galloway)

To: Claude Cormier who wrote (130844)	9/15/2008 5:53:08 PM
From: orkrious	3 Recommendations Read Replies (2) \| Respond to of 313137

Right now, profits are collapsing for big miners. actually, I think profits are going to explode. it's quite possible PoG has bottomed. it was up today and it started shortly after the Fed did it's first $20 bil repo when the mkt opened. then they did another $50 bil at 2:00 p.m. Fed funds was up to 6 percent today despite a 2% target. the fed is going to ease and print. PoG was up $20 and oil was down $7. assuming PoG continues its ascent (it should because the fed isn't going to watch a depression happen w/o doing anything) and oil stays weak due to a weak economy, the miners are going to soar, just like from 2000-2002. take a look at the PoG/oil ratio. when today's action gets added to this chart it's going to show a breakout (today's close will be roughly 8.25).