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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (29242)

1/17/2013 9:25:19 PM

From: IngotWeTrust

2 Recommendations Read Replies (1) | Respond to of 29622

Glad I amuse you.

What I find amusing is that you extrapolate "hostility" when I as a woman in a 'man's world' am capable of and articulate unequivocal opinion as result of due dilly. I'm damned if I do and damned if I don't. It's a females dilema...either hostile or agressive...just can't all be beautiful AND right like Whitney or Elaine or Linda in my genre.

Point to where I 've claimed I was not biased. Au contraire.

The bias observations on my part was in regard to your "listening skills" whether with Alfers or with me. Your bias was in your interrogation of Alfers as a total unknown entity. Deflection now indicates bulls-eye points in dartgame, eys?

As far as you not being a (day) trader? Since when? This is you, right?

Occupation/Title: Stay at home dad who just happens to trade for a living...nice combo if you can swing it

Age: less than 50, older than 30

Location: Too many rednecks, bible belt thumpers and humidity. Need to make a tad bit more money so I can hang out wine country.

College: What I can remember I liked

Degree: almost, but not quite - meaningless

Favorite Stocks: Anything that you hate. Hell I'd go long your mother-in-law if I could.

Investment Style: Swing trader, Combine all approaches possible (FA, TA, sentiment, EW, catalysts) and look at probabilities. Stay w/specific sectors for the most part.

Investment Experience: 10+ yrs

Interests and Hobbies: You and only you. I'm stalking you right now in fact.

Quote: People make me pro-nuclear.

LOL LOL LOL OKay...now with that out of the way..., back to PGLC...

As far as current price action today, the sell on 3rd day rule, especially in a parabolic, 3std dev's environment worked like a charm. Saw that one coming a mile away. TA helps. Bunches. Even in little burner stocks.

I'm expecting in the neighborhood of mid to upper 80s percentage wise, run of mine...depending upon the particle size and leach test results, of course.

And even THAT is a low side benchmark in a cyanide op nowadays. That's kind of "65/70% = okay "thinking" is part of the problem currently in my mind. Gold is kissing $2000 pto. retail. But we're saddled with $450 pto E&D managements and equally aged geos, further reinforced in their sloppy models' thinking handicapped by the 3 year financing banker "conservative standard" out there in order to "attract financing."

I"m of the old Peggy Wittie school, and I believe Alfer's Geo is as well. Made money with ole Peggy. Making Money with Alfers' team, too.

It's my experience and opinion that free-milling is -350 mesh (40 micron or 0.00157" or 0.040mm) size
in that area of Nevada after surveying my boots on the round sources from Pershing County. Site visit back about 5 years ago didn't hurt any either.

This settling for low recovery rates are acceptable thinking, well that's one of those contrary things about E&D outfits...the higher the price of gold, the less % recovery is "settled for"...which is a point of view I simply don't subscribe to.

Hellzbellz...if I've got ROM stacked up on the pads and am running NaCN or CaCN or KCN through it, then why not get higher recovery from utilizing finer grind, economic particle diminution while I've got it sittin' there?? It's simply a chemistry problem, and a time commitment. The sprayers are already in place, the skidsters are already moving it around to mitigate channeling, etc.

The PoG is only going higher from here acc'd to Turk/Rickards/Davies/Sprott and similar luminaries. The way the current thinking goes, it won't belong until only nuggets 1oz and greater in size will be the cut-off grade simply because PoG is at $3500 or even $7500 like Rickards is looking for. Therefore, mgmt can make every bit as much money b/c the price is now yay highER, and the Run of Mine particles don't have to be so tiny anymore such as EVO's 3/4" size mentioned in today's P/R. Less grind = less work = equal ROI. Americans...always looking for more money with less work. No WONDER the Chinese were bitterly disappointed at losing out at the Bankruptcy Trustee Fire-Sale which Alfers made out with like a bandit.

Old big chunks/low recovery % model works for the old school ilk. That doesn't work for me, as in being satisfied with shitty % recovery numbers/benchmarks. That's why I'm going to be out when Alfer's leaves. He's one of the "old school" who does NOT think that way having made a turn in his thinking imho sometime back. This is probably his swan song, career-wise. And he's gonna go out with a bang on this one. His own private "royalty company" as you alluded to earlier in your NSR/contract mining discussion points.

Still at Peace with you, and GL Trading, day, hourly, minute by minute or 1week at a time scores 3 weeks apart.

Just enjoying the discussion, that's all. Sorry if I got your knickers in a twist. As a woman I have that effect on male miners/traders. Sucks being me. LOL