Hamlet Capital

Hamlet Capital
Contributor since: 2012
Hold off until January as there might be substantial tax-loss harvesting this month with paper gold.
Less than 4 months later, it's hanging on at $10.73. Buying some more?
I fail to see your point. I'm not stating whether or not those companies can be trusted, but that their past behaviors do them no present-day favors. It can hardly be disputed that past actions color current perceptions. Continue with your ad hominems, if it makes you feel better, but they can't change facts.
There is always the threat of executive order, especially on the last day in office.
I agree that the interference is out of control, but acknowledging this doesn't make mitigate Pebble's problems.
Thanks for the comment.
"But the EPA said the analysis will remain part of the public record."
Thanks for the link.
Thanks for the comments ...
1) The Rand depreciation emboldens the NUM in its demands, especially given the dramatic rise in fuel costs. Should have made that clearer.
2) Sometimes that can be the case.
3) There is no arguing that; try to convince the ANC rank and file.
Gold is still moving very well today, but I'm not convinced that the "correction" is over yet.
Excellent points, thanks.
Side: Gold opens at $1316 in Asia today.
I didn't include DRD, but I'd say that it has more of a cushion on account of its lower cost per ounce. Labor action at specific companies tend to be at underground mines, but DRD is still subject to NUM's general demands.
I have no position with CDE and never have.
As for Krebs, company executives' words should never be taken at face value. I refer you to Mark Twain and his definition of a mine.
"No one knows the timing ..."
That's the whole point.
Coeur might be sitting on this property for a long, long time.
I have no idea. 35 years ago many thought that silver would go over $100 and stay there.
What's more important are the relative prices of inputs--diesel, electricity, water, wages, etc. If silver goes to $35, but oil goes to $150, then I'm not sure there would be much to gain for CDE.
I do expect silver to fluctuate, but I'm much more comfortable with a physical silver investment than with equities.
Thanks for the comment.
That was supposed to be d/a. I've submitted a correction. Thanks.
As far as l.t. d/e, I calculate 14.02 from q1 2013.
http://bit.ly/14dBr78
Dr. Lew? Treasury Sec. is merely a facilitator between the banks and the govt. It's his job to be "cozy" with the banks.
I refer you to my copper article, the one in which I write, "Even in supposedly friendly mining jurisdictions like Canada, Taseko is struggling with labor disputes and First Nations' objections, while Teck has been frustrated by environmental opposition."
Perhaps my Toronto bosses missed that one.
Thanks for your comment.
Denison has been hit hard by the drop in uranium. Their stats are terrible, but they have practically no debt.
I don't anticipate production from them, but maybe an expansion of their environmental and decommissioning services. They subcontract for the likes of Vale, BHP and Rio in that regard. If not bought out, they could find a comfortable niche market if they chose that path.
If you were aware of facts, you would know that South Africa is no longer the premier gold producer.
Instead of disjointed ranting about "masters" and "elites", cite some sources if you are going to continue with these aspersions, please.
Thanks, that was brilliant.
I think it will flop. And do you really think that their copper holdings will be physical? Just like SLV, right?
It's interesting to note that 95%-copper pennies (some '82 and before) have a current melt value of 2.46c.
Thanks Jock,
Regarding ggg.ax, I don't know too much about them, except to say that any project in Greenland would be heavily capital intensive on account of limited infrastructure and foreign workers would need to be shipped in. Its books are a mess, but who knows? Maybe Cameco will come along and buy it. But honestly, I have no opinion.
Cameco is consolidating and given the uranium market, it's doing fine. It will be in a great position with low debt if uranium prices increase. Best of luck.
Yes, and for good reason.
Their books look quite poor, especially that negative return on equity.
Thanks for the link!
HMY ? Please. They just lost 25,000 ozt Au !
http://on.mktw.net/UlzcVR
Thanks for your input.
With limited fossil resources, what type of fuels would you think could replace them in the future? The developed world isn't faced with giving up its electricity right now, but future fuel, hence power, shortages would, in my opinion, be a game changer. It is easy for comfortable people to say, "we can do without", but faced with that immediate prospect, it would be different.
I will check the HEU numbers.
Thanks again.
Excellent comment, thank you.
Ad hominen ...
Good luck with your trades.
Sorry, but I'm not convinced with UEC.
http://bit.ly/W01N2q
http://seekingalpha.co...
You're welcome.