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MNEAF.OB Forum Topics
- All Comments on MNEAF.OB
- General Discussion on MNEAF.OB
- John Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
- David Coffin on Metals: 'Pick Away' at Bargains [view article]
- Frank Barbera: Precious Metals Heading to All-Time Highs [view article]
- Interview with U.S. Gold's Rob McEwen: 'Gold Will Start Shining Again' [view article]
- Minefields in LatAm: Dodging Political Pitfalls [view article]
- Gold Stock Earnings to Shine in 2007 [view article]
- You Need Junior Miners in Your Portfolio. Period. [view article]
- Junior Mining Companies: Other People’s Money [view article]
- Latin American Mining: The New Conquistadores [view article]
loading ...Recent MNEAF.OB Articles
- John Embry: 'When the Gold's All Gone, the Market Will Go Nuts'
- David Coffin on Metals: 'Pick Away' at Bargains
- Frank Barbera: Precious Metals Heading to All-Time Highs
- Interview with U.S. Gold's Rob McEwen: 'Gold Will Start Shining Again'
- Minefields in LatAm: Dodging Political Pitfalls
- LatAm Mining M & A: The Next Predators’ Ball
- You Need Junior Miners in Your Portfolio. Period.
- Louis James on Interesting Gold Companies
- Latin American Mining: The New Conquistadores
- Junior Mining Companies: Other People’s Money
- Full List of Articles »
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John Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
So Would that mean, Gold at USD 630 before the spring force had to be released? Then can we think of USD 650 as USD 530 was in 2005? Would the historic timing put us in a new 3 year run before the next correction down takes place? Yeah I know that I should be posting a contribution rather than asking questions but as somebody said last week, "If you are not confused, it is because you are not paying attention to the market". ReplyJohn Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
The market can remain irrational longer than you can remain solvent. ReplyJohn Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
Another Canadian junior mining exploration company with excellent potential, in the extremely mining- fiendly jurisdiction of Quebec, is Osisko which has a market cap at present of about $450 million.7.5+ million ounces of gold measured and indicated
(43-101 compliant) on flagship property
will produce 500 thousand ounces of gold per year
net profit per ounce : $300 (conservative)
that's a cash flow of $150 million per year
estimated mine life of 15 years
2.25 billion!
Capital expenditure to bring mine onboard $750 million
2.25 billion - 750 million = $1.5 billion
Approximately 150 million shares outstanding
Shares sould be worth ~ $10.00 based on potential NAV!
Cash position ALONE of $150 million (~ $1 per share)
Trading for under $2.50 !!!!
Disclosure: 3000 shares LONG (2-3 years) Reply
John Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
black monday is right. ReplyJohn Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
Is this the same John who recommended on the BNN, with a straight face, Compliance Energy at $1.30 + on the Venture Exchange? It soon proceeded to lose 90% and is presently about .25. What does that say about Mr. Embry? ReplyJohn Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
In paper money economies, price collapses spreads very rapidly to all kinds of assets. When individuals owe more on an asset than it can be sold for they rush to sell other assets to raise money to make the next mortgage or food or car or dental bill payment.The huge number of indebted asset owners assets for sale swamps the market for each item and forces all prices lower on all asset classes in paper currency terms.
That is where we are now. As all asset prices fall in terms of the paper currency more and more assets must be sold to make set amounts of paper debt payments. Welcome to the 1930's.
The beauty of paper currency is that it permits infinite expansion in asset prices followed by infinite collapse in asset prices and of course a complete collapse in the economy.
Today's real financiers know this. Today's economist are all on government payrolls and know nothing but to praise the governments every action.. Reply
John Embry: 'When the Gold's All Gone, the Market Will Go Nuts' [view article]
Hi John, I have been follwing you for a while and I agree. Why not mention Harmony Gold HMY .The Friday close in N.Y. was edifying
... they have great tailings to work and for the #3 S.A. mine great potential and developing outside of South Africa.
Thanks Reply
David Coffin on Metals: 'Pick Away' at Bargains [view article]
FYI, some of us know to shun advice from anyone touting under the pink sheets. ReplyDavid Coffin on Metals: 'Pick Away' at Bargains [view article]
TGB, low multiple, excellent prospects, production in the process of doubling.Copper inventories have increased dramatically at the LME in the last 6 months. Watch for declines to signal a turn. Reply
Courtenay
David Coffin on Metals: 'Pick Away' at Bargains [view article]
Very useful and interesting article. Many thanks. By the way, it seems hard to imagine a better investment than FCX below $70. Talk about a decent entry level! ReplyDavid Coffin on Metals: 'Pick Away' at Bargains [view article]
thanks David, what do you think of FCX at this level? is it worth starting to buy it if you don t own it or any gold for that matter? ReplyDavid Coffin on Metals: 'Pick Away' at Bargains [view article]
Any thoughts on HMY ?They make money when Gold is at or above $700.
Thanks Reply
Frank Barbera: Precious Metals Heading to All-Time Highs [view article]
There's enough liquidity amongst less than 1% of the world's billionaires or in just a single large private equity buyout to drive any of the precious metals far into 5 digit prices. In another dozen years or so silver is likely to be just as rare as gold or more so.Recent depressed paper prices can fool some of the people this time and maybe a few more times, but there's too much smart money examining the precious metals sector to fool all of them all the time!
Demand for physical metal already has or will very soon outstrip all forms of supply and unlike other asset classes, traditionally the users and investors of real physical metal have been extremely reluctant to part with holdings and many stick to a regular purchasing and accumulation schedules despite price.
Unlike the latest stock market sector craze or a tulip mania, raw elements have important uses, are very rare and a very finite resource.
5 to 10k gold and $100 silver are very conservative estimates as to where the metals market is headed over the long run, although Frank Barbera does state those as only his medium term (2-3 yrs) targets.
Gold and especially silver investors who take out large positions of real physical metal and who are willing to sit tight are going to be astonished and rewarded beyond their wildest beliefs. Reply
Frank Barbera: Precious Metals Heading to All-Time Highs [view article]
Wow!!!...PSM...or is it just just S&M? Methinks you should change your name to "God" or "Zeus" or perhaps "Apollo" or something similar. Is there anything you don't know? We do appreciate your condescending from Mt Olympus to mingle with us mere mortals, many of whom actually find Barbera to be highly skilled in and quite prescient about what he does. jtPS...perhaps you have a book out expounding on all of this "stuff"...I'... sure it must cost a fortune, since it would undoubtedly contain ALL the wisdom of the ages...stuff mere mortals would pay dearly to know. And please...before you waste your energy tossing down a bolt of lightning at me, just know I'm protected--I have a tin-foil hat on...your majesty. Just to save you the time and effort, as I'm sure you have all kinds of other more important things to do--lives to save, wars to oversee, and perhaps some mortal women to get pregnant or such...etc etc etc...
Reply
Frank Barbera: Precious Metals Heading to All-Time Highs [view article]
PAUL&SHARK, why such a hater? Guess you don't understand something as simple as Net Asset Value. Even at $800 gold and $13 silver, the companies mentioned in this article are valued at some crazy fractions of NAV. I suppose you'd prefer the financials which are still valued well in excess of NAV?Frank Barbera is one of the best technicians out there discussing the market. Don't be so dismissive. Also, learn how to articulate in English if you wish to carry on discussions in the language. Reply