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  • Royal Gold Reports Second Quarter Financial Results: My Thoughts And Commentary [View article]
    Just as Amerlafrance noted, if Barrick only owns a 60% interest in the mine how can RGLD get 75% of the silver produced at the mine?

    <i>Royal Gold will make an upfront payment of $610 million to Barrick Gold in exchange for 7.5% of the gold and 75% of the silver produced at the mine (until 990,000 ounces of gold and 50 million ounces of silver have been delivered) at a spot price of 30% of each metal price<i/>.
    Aug 9, 2015. 12:41 PM | Likes Like |Link to Comment
  • Ekso Bionics: Strong Sell With -92.3% Downside On Fraud Arrest, Product Failure And Paid Stock Promotion [View article]
    Wish I read this article before I got sucked in by Fitzgerald. Absolute scumball!
    Jun 29, 2015. 03:40 PM | 2 Likes Like |Link to Comment
  • Pretium Resources: Updated Feasibility Study And New Drilling Provide Potential Catalysts [View article]
    I agree that Pretium is a good story, but with respect, I have to disagree about your assessment of Robert Quartermain. Being at the end of his career is a very good reason to keep a dead story alive, as he has done."We don't think Mr. Quartermain falls into the second category because he's a proven industry veteran, with large shareholdings in Pretium, and towards the end of his career - he would have little reason to keep a dead story going." Just because he's been successful with SSRI (one of my holdings) does not make him invincible to pumping up a deposit to cash out before his career is over. Quite the contrary, it provides millions ($$$, that is) of reasons to do so.
    Mid October 2013 I lost several thousand dollars being stopped out of PVG (and I have a very wide stop-loss policy of 25% with mining companies - usually 10% otherwise). I tried to correspond with the company but never received a reply. They were painfully slow in answering the question of why Strathcona quit the project. " Pretium shares sink after geologists say no valid gold at B.C. project
    Pretium Resources (PVG -5.9%) extends yesterday's 22% losses after the Strathcona Mineral Services team of geologists reveals its finding that there's "no valid gold resource" at its Valley of the Kings project in British Columbia."
    The shares have recovered but as you said in your article, there is still reasonable doubt about the project. I like a good mining story as well as the next guy and I have taken a small position back in PVG, but I would caution anyone considering PVG as an overweight position in their portfolio to be careful. There are too many other good stories out there to be invested in. This story could easily end up being another Bre-X (also lost thousands on that one).
    Jun 26, 2014. 08:48 PM | 1 Like Like |Link to Comment
  • Keystone Approval Or Not: Canadian Natural Resources Is A Bargain [View article]
    I like CNQ and have made money on the stock over the past few years. What I wonder about id how big a dive the stock will take if the pipeline is not approved? I don't think I will take a full position in the stock until I see whether or not the deal goes through. There is a very real possibility that the pipeline will not be approved, and investor sentiment will drop like a rock towards CNQ and others, leaving a very nice entry point to go pick up some heavily discounted shares.
    Best regards,
    Mar 9, 2014. 04:17 AM | 1 Like Like |Link to Comment
  • Why I Bought These 2 Stocks In The Discount Bargain Bin [View article]
    I am in that boat, big time. I have averaged into both physical metals and stocks over the past two years and I am grossly overweight in both silver and gold already.
    As much as I would love to own more, I need to have at least some of my money going into stocks that are going up rather than down. So far, I have had two years of miserable pain with precious metals and I consider myself among the converted. I will not be buying any more physical or shares until the technical charts indicate doing so. No matter how cheap they get.
    Where are the Hunt Brothers when you need them?????
    Dec 5, 2013. 08:29 PM | 9 Likes Like |Link to Comment
  • 2 Small Miners To Consider Here [View article]
    Hi Bret, I also like EXK a lot. I have been a shareholder for many years and continue to add to my position, as I see their management as one of the best teams in the mining business and I like the fact that they hold back inventory to sell at a higher price when it's more favorable.
    HL is also in my portfolio, due to it's extremely low valuation.
    Sep 5, 2013. 12:13 PM | 1 Like Like |Link to Comment
  • Uranium Miners Analyst Watch: June Edition [View article]
    UEC has been endorsed by Rick Rule of Sprott Asset Management, and he had the CEO interviewed a few weeks or so ago. Seems like an intelligent fellow with a good track record. It's up over 10% since my purchase at the end of last month, so no complaints from me. Rule also proposed Uranium Participation Units (U) which is stock-piling U308, like GLD and SLV for the precious metals. No risk in mining the stuff with U.
    Jun 6, 2013. 12:52 PM | Likes Like |Link to Comment
  • What It Really Costs To Mine Silver: The Silver Standard Resources Edition [View article]
    Thanks very much for another great, concise analysis of another silver miner. I tried to figure out this information on my own but was constantly frustrated by all the 'noise' in the miner's fact sheets.
    Mar 29, 2013. 04:58 PM | Likes Like |Link to Comment