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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (100678)5/20/2013 8:25:50 AM
From: TobagoJack1 Recommendation  Read Replies (2) | Respond to of 219479
 
hello 2mar$, today's report:

(i) observation: zulauf and enough astute folks are counting on, baiting for, and otherwise waiting for the hopefully inevitable. time shall of course tell.

in the mean time i must nap early this night so as to rise at 3:00, clear of mind, and continue on calculation iterations and presentation revisions. for it is near crunch time for fund raising.

(ii) noted earlier was the first-pour Message 28894682 , and am happy to report that the pour continues unabated, so far so good, and even better

the outcome of the first pour has reached little jack's hand, still a dore bar but a polished one, at 1.2kg, a fine-enough toy to go w/ his excavator and dump truck.



the assay report came w/ the good, and it indicated



iow, 50+% gold, 40+% silver, and "we do not care" rest of the more useful stuff.

(iii) we have other good news, namely the nature of our project #1 (mine & mill) sulfide ore found in dumps so far, a few years supply, are geophysically such that we do not need an expensive sulfide circuit to process but only apply of already-in-place leaching process to treat, and ... recover 60% of the goodies.

while tee-ing up an expensive sulfide circuit would 'only' move the dial from 60% recovery to 93% recovery, we do not need to do that from the get-go, and can simply extract the 60% now, put the tailings into storage for later re-processing, and do such re-processing whenever we feel bored or when gold hits 6,000 per troy.

australia is indeed the lucky country where thumb-sucking newbies can just wander around and pick up gold.

(iv) i am not greedy, but should the current gold / gold mine drubbing continue, maybe we who are aready in the arena get to pick off more gold mines at 0.4% of peak valuation instead of at 0.5%.

every 20% counts :0)

cheers, tj

p.s. must go watch an episode of never before seen (by me) of perry mason and hit Zzzzz at 9:30 so as to wake up at 3:30am.



To: 2MAR$ who wrote (100678)5/23/2013 3:56:30 AM
From: 2MAR$  Read Replies (5) | Respond to of 219479
 
Japan stock markets collapsed.

The Nikkei 225 closed 7.32% lower at 14,483.98, which compared with a 2% gain, and its biggest one-day drop since March 2011. Risk markets were weighed by yesterday's Bernanke Q&A, FOMC minutes and large miss for China PMI data. Specifically for Japan concerns over the JGB market spooked investors. The BoJ were forced to carry out a Y110 B operation after benchmark JGB yields gapped up to 1% early on from 0.855% and then headed back to opening levels around 0.85% after the BoJ action. Japanese officials and the BoJ have played down the JGB market volatility in the last 24 hours, but there are fears over the impact from market volatility. Risk-off trades have weighed sharply on yen-funded carry trades and USD-JPY is a full two figures lower from overnight highs around 101.50.