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harball

harball
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  • Precious Metals: First Quarter Review And The Outlook For Q2 [View article]
    Andrew, whose target is EUR/ US$ parity?

    Should Q2 provide further evidence of the US growth story continiung to lose momentum, I dare say QE4, rather than tightening, becomes more of a reality. Much of the EUR decline has already taken place is how I see it. The US$ has significantly appreciated not just against the EUR, but almost all other currencies (except gold).
    Apr 7, 2015. 01:26 AM | Likes Like |Link to Comment
  • Do Not Buy Into Goldcorp's Recent Uptick: It Is Likely A Dead Cat Bounce [View article]
    I would never take consensus information of CapIQ or Bloomberg for granted - more often than not these figures are rubbish.
    Apr 5, 2015. 01:47 PM | Likes Like |Link to Comment
  • Do Not Buy Into Goldcorp's Recent Uptick: It Is Likely A Dead Cat Bounce [View article]
    6034700: I may be in the la la land, but the fact is GG is amongst top holdings in key gold miner ETFs. If and when gold reverses the downtrend, GG will be amongst top performers.

    Anyone suggesting Eleonore is a problematic mine must be smoking something.

    nEM sure is cheap, but they also have a lot of base metals exposure.
    Apr 5, 2015. 01:44 PM | Likes Like |Link to Comment
  • Don't Buy Gold Now, Wait Until It's Under $1,000 [View article]
    Physical buying has very little impact on gold prices. There's just so much gold out there in the world. Gold does not get consumed, unlike most other commodities.

    Fear will be with us shortly. Equities are due for a meaningful correction and we'll get that with either Fed starting to hike rates (unlikely) or earnings and near-term macro stats coming in weak (more likely). Either way I can see gold winning. Agree about dollar-cost averaging, though.
    Apr 4, 2015. 03:52 PM | Likes Like |Link to Comment
  • Do Not Buy Into Goldcorp's Recent Uptick: It Is Likely A Dead Cat Bounce [View article]
    Dead cat bounce? U for real? After a 4 year bear market, PM miners is the place to be. Especially when everyone is debasing currencies like crazy.
    Apr 3, 2015. 05:50 AM | 5 Likes Like |Link to Comment
  • Why Nevada Copper Isn't Fully Funding Capex For Stage I Yet, Despite Being Fully Permitted And Having Debt Arranged [View article]
    I own NCU. I expect Pala to joint-venture this mine. Despite assumptions used in the old FS, note that there are lots of positives for a big miner compared to many other large copper deposits elsewhere. Infrastructure in place, greatest mining jurisdiction on the planet, potential to significantly increase resources. Copper prices will not follow iron ore as long as the world economy doesn't crash-land. China, India will continue to require vast amounts of copper as they roll out electric and other infrastructure. China is spending $70bn on grid upgrade this year alone. Renewable energy requires multiple times more copper than conventional (1MW of solar PV needs 5t of copper!), this is one of the most overlooked aspects of copper demand in my view.
    Apr 3, 2015. 05:47 AM | Likes Like |Link to Comment
  • Q&A With Ur-Energy Chairman And Executive Director Jeff Klenda [View article]
    URG and PEN are the two US focused ISR names to hold.
    Apr 3, 2015. 05:23 AM | Likes Like |Link to Comment
  • Tahoe Resources: Shares Gain Interest After Rio Alto Takeover [View article]
    it's almost unbeleivable that they can get away with the acquisition of Rio at such meagre premium. if this works out, kudos to TAHO management!
    Mar 24, 2015. 05:56 PM | 1 Like Like |Link to Comment
  • Argonaut Gold Has Been Falling On No News, Shares Are Extremely Compelling [View article]
    Ben, the Peso seems wildly oversold on your graph. I am in the camp that thinks the Fed will not be able to hike rates meaningfully any time soon. While the US$ will likely continue to appreciate vs the EUR, what makes you so certain the Peso will not rebound some?
    Mar 22, 2015. 04:45 AM | 1 Like Like |Link to Comment
  • Torex Gold Is An Exciting Junior Gold Stock Nearing Production [View article]
    Thanks. I am a shareholder.

    The long-term fundamental story here is solid and the company seems to be executing just fine.

    I am more worried about cirime in Guerrero. It seems Mexican authorities cannot sort this out. With employees taken hostage, mass murders, etc, this is turning out to be quite a problem for companies operating in the area. I suspect that's why we are seeing weakness in the share price. Any views on what is actually being done to fight crime?
    Mar 22, 2015. 03:45 AM | 1 Like Like |Link to Comment
  • The FOMC Keeps SLV Alive [View article]
    The Fed has to start tightening, sure, but the objective reality is they cannot. US$ strength and deflationary pressure appear to be the roadblocks. Should the US$ fly past parity with the EUR, is it totally out of the question that we'll see another round of QE?
    Mar 19, 2015. 04:18 PM | Likes Like |Link to Comment
  • Gold Resource to delay 10-K filing [View news story]
    hi there, I checked their website and could not find a word about delaying the filing. it's a bit puzzling.
    Mar 19, 2015. 03:10 AM | Likes Like |Link to Comment
  • Gold Resource to delay 10-K filing [View news story]
    my read on 'material weakness' = potential tax liability. could be it will not hit them in 2015 or 2016, but given this announcement comes just a day ahead of a critical FOMC meeting I decided to take losses on my position.

    the last one to go bust was Allied Nevada. I would not compare these two companies. GORO is a relatively low cost player with very low leverage. ANV was the complete opposite.
    Mar 18, 2015. 06:10 AM | Likes Like |Link to Comment
  • Gold Resource to delay 10-K filing [View news story]
    these small and mid tier gold miners, there is always some kind of drama. I start to think that the best way to play PMs is ETFs and royalty companies.
    Mar 17, 2015. 10:01 AM | 1 Like Like |Link to Comment
  • Sanctions have not stopped SLB, BHI from bidding for work in Russian Arctic [View news story]
    included? protecting from what? armed russian cutthroats shooting rockets into residentual areas populated by the very people they arguably protect, e.g. mariupol? have a look at the video made immediately after the 'separatists' bombed Mariupol and tell me whether you hear a word in Ukranian? it's all Russian. so the Putin way of protecting fellow countrymen is firing rockets at them.
    Feb 18, 2015. 07:31 AM | 1 Like Like |Link to Comment
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