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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (73633)8/14/2012 8:01:24 PM
From: LoneClone  Read Replies (2) | Respond to of 78431
 
I find it very strange the way the USA merger transaction is being done.

Each outstanding common share of U.S. Silver has been exchanged for 0.67 of a common share of the Combined Company and each outstanding common share of RX Gold has been exchanged for 0.109 of a common share of the Combined Company.

I can't remember a merger being done this way before, in that holders of shares in each of the merging companies both end up with fewer shares without a reverse split also being in play. I will end up with an odd lot of shares in the Newco, or maybe I am just being confused by the wording.

LC



To: marcos who wrote (73633)8/14/2012 8:16:27 PM
From: russet2 Recommendations  Read Replies (3) | Respond to of 78431
 
Fastest Growing Gold Country Is...
By Christian A. DeHaemer | Tuesday, August 14th, 2012

http://email.angelnexus.com/hostedemail/email.htm?CID=12849091321&ch=2F661A2243555E756CFA77AADD4F4AC3&h=302ebb2c087a7164f1eeeac55dc33c41&ei=WOczUR8NR

The United States has long thought of Mexico as a either a drug gang wasteland or the home of Speedy Gonzales. It was so bereft of opportunity that its huddled masses risked life and limb to swim the Rio Grande and walk the deserts into America.

But this is no longer true.

In fact Mexicans are staying put; many are even returning to their country.

A Pew study found there were 900,000 fewer illegal immigrants from Mexico in 2011 than there were in 2007.

The Christian Science Monitor says: “About 1.4 million Mexicans left the U.S. between 2005 and 2010, double the number who did so a decade earlier.”

They are going back not only because the U.S. is mired in an economic depression, but because Mexico is booming...

Mexico is the world's 14th largest economy, with a per capita income of $14,000. Manufacturing and industry account for 34% of the economy. The service sector is 62%.

Exports constitute 29% of the GDP ($336 billion) and the nation has a current account deficit of just $11.3 billion.

Mexico's GDP grew 4.6% and 4% respectively in the first and second quarters of this year.

The country has expanding opportunities through record numbers of new jobs, rising levels of foreign investment, and a growing middle class.

The unemployment rate is an enviable 4.8% — versus 5.4% last year.

Mexico's president-elect, Enrique Peña Nieto of the PRI, will take office in December. He has promised to push pro-market reforms that will bring even more vibrant growth to the country.

Mexico: Looking for a Breakout

The stock market is pushing all-time highs. Note the bullish ascending triangle formation:



According to Forbes, this party is just getting started:

The return of the PRI to Mexican politics, Mexico’s pricing powers, and its proximity to the largest market in the world has Nomura Securities saying on Tuesday that over the next decade, Mexico is poised to become Latin America’s largest economy, surpassing Brazil, and become one of the emerging markets’ most dynamic economies.

The banks are solid with GDP-to-debt at only 20% — versus 50% for Brazil and 80% for China — and its population pyramid says it will boom for years to come...



Mexico has no baby boomers to pay for and has lots of young people to fuel demand and push growth over the next several decades.

Mexico Has Gold But what has me pumped is that Mexico is producing record amounts of gold.

On Monday, the Mexican Chamber of Mining said the country hit a new record in gold production in 2011, reaching 88.6 tons of the precious metal — nearly 22% more than 2010.

This means Mexico has the highest growth rate in the world in terms of bullion production.

Goldcorp Inc. (NYSE: GG, TSX: G) is the biggest producer in the country, with 21.5 tonnes from its mines. Fresnillo PLC. (LON: FRES) is number two. It produced 13.9 tonnes of gold last year.

Mexico just hit number 10 on the list of the world's most producing gold countries — and is climbing fast:

Country

2011 Output (metric tons)

2010 Output

China

380

341

Australia

272

260

United States

243

236

South Africa

221

209

Russia

205

197

Peru

156

163

Ghana

102

92

Canada

101

91

Indonesia

97

128

Mexico

82

72

World Production

2,789

2,638

Not only does Mexico have vast untouched mineral deposits, but it is also one of the cheapest places to produce.

The global average cost to produce an ounce of gold is $649; in Mexico, it only costs an average of $325/ounce.



To: marcos who wrote (73633)8/17/2012 1:31:22 PM
From: elmatador  Respond to of 78431
 
The economic mood music in Latin America for most of this year could hardly have been more of a contrast from that of the EU, mired in financial crisis, depressed by austerity, and dipping back into recession.

Message 28343325