HardRock

Great Basin Gold: Jump to Mid-Tier Gold Producer

Qtrly Results:
www.kitco.com/pr/1738/...

Great Basin Gold: Stock Looks Ready to Move Up

Hi Seewell,
Da most important thing for a company is the management, bar none.

GBG have great depth, with technical know how and management connections; Chairman Thiessen is with Hunter Dickenson.

The South African mine has a Black Economic Empowerment group invested (orginally 26%) in Burnstone. This is a brand new mine, the first in 30 years on the Reef. Grades are 25% better than the average and the mine is shallow with a decline. This is a low cost and low risk mine!

The kicker da Rock sees is this; as the author points out, they are relatively unknown now, but when Hollister and Burnstone kicks into production there is 350k Gold oz. output immediately. Hollister is already producing 110k oz this year. Burnstone starts June 2010.

The Eskom power is a risk, but the mine is already very low cost, the power cost increase will be negligible. The South African risk will be mitigated by management and the BEE group.

To each their own, Gold luck ta ya!!!

Just da way I see dat!
HardRock


On Nov 09 08:43 AM sewells wrote:

> Well you could be right. But, when I read thru Great Basin's list
> of mines all I see is political risk. Nevada operation has good grades
> but the tax take on Nevada operations is up about 15% this year based
> on an article in Mineweb today and the permitting process is becoming
> ever more cumbersome there. Kimberly Reef operations in South Africa
> seems to me a bit imperiled by huge spikes in electricity costs going
> forward with spillovers of those increased energy costs to show up
> in wage demands, higher priced steel, etc. Kuril's Island operation
> in Russia shout loudly of political risks based on the Fraser Institute
> survey of mining executives assessment of varying regulatory regimes.
>
>
> For your sake, I hope you're right about Great Basin's prospects
> but the more valuable a commodity gets the more politicians in the
> US, South Africa and Russia will want to control it.
>
> As a general question, why would you choose to invest in Great Basin
> when there are a lot of companies operating in Canada and Mexico
> with good grades and less political risk? Is there something to Great
> Basin I'm not seeing?

Great Basin Gold: Jump to Mid-Tier Gold Producer

GBG is holding a Conf call this 9AM Nov 9.
Here's the link:
www.stockhouse.com/New...

5 Reasons to Avoid the Gold Rush

Vitaly,
Your first point:
1. Perception o' value, the perception change is what has brought Gold to where it is now........anna it takes a long time to change perceptions..........t... Gold should continue its strength

Otherwise, da Rock issa in agreement with you on commodities.....

Thanks.........

As an Investment, Gold's Just a Brick

Well, interestin' negative comments 'bout Gold........just goes ta shows.......ain't no bubble inna Gold yet........

After Two Consecutive Strong Days, What's Next?

OPPS....previous was gold chart......

S&P500 chart here: hrock5.fileave.com/SP5...

After Two Consecutive Strong Days, What's Next?

Da Rock tinks S&P500 index due fo' fall back ta 750~800 fo' right shoulder bottom...........then da Bull Market issa onna da way ....see article here: seekingalpha.com/accou...

chart here: hrock5.fileave.com/Gol...

Gold Off to the Races

Da Rock agrees with P. Cooper.........Silver gonna give yas best bang fo' da Buck.............it's already showing onna ma charts here:
www.stockhouse.com/Blo...

Silver stocks da Rock likes are SLW anna HL; Gold Stocks NGD

Spec play issa CMM.v ; Century Mining onna da Venture @ .19 cents CDN......awaitin' $65 million to restart high grade u/g Gold mine in Val-D'Or Quebec wit 5 million reserves & indicated/inferred.
Should at least double wit debenture news inna 10 days.

Also Gold issa set ta break $1000USD onna June 12th...see here:
seekingalpha.com/accou...

Gold luck ta yas all!


On May 30 04:37 PM yellowhoard wrote:

> Who says I don't invest in miners?
>
> I like food, miners, agriculture concerns and a lot of oddball small
> caps that you've probably never heard of.
>
> I finished last year up 6%. I was up around 60% in July before everything
> went to hell. Most of that was made in energy.
>
> This year, I'm up around 20% in the non metal part of the portfolio.
> Most of this was gained in food, miners, energy and currency plays.
>
>
>
>
>
>
>

Gold Battle Lines Drawn at $1,000 - Again

Gold gonna move over $1000USD onna June 12th..................... soon.

.........chart here: seekingalpha.com/user/...

"Great Wall of $1,000 an ounce is the mother of all battles remains to be seen."

What Is Even More Enticing than Gold? Silver

June 12th da date folks.......Gold movin' over $1000USD
see da chart here!......seekingalpha.com/user/...


I agreeds wit da author...........but comin's sooner than later

>As the long run prospects for the U.S. dollar continue to worsen, >expect the uptrend to continue. However, I expect this to take a >longer time to play out than most.

An Astoundingly Beautiful Call for Gold and the S & P 500

Ta checks volumes fo' Gold anna progress ta Gold breakout onna June 12th,
'ere's a link ta ma bloggin' site:
www.stockhouse.com/Blo...

Google's Android Will Become the Default Mobile Platform

Da Rock tinks ya erred inna RIMM's revenue model....70% o' revenue issa from device sales.......

So Much for a Pullback

Watch out for the left shoulder dip coming June 18th 2009; after completion of this inverted head and shoulders.......then we're off to the races!