1waving

Yes, AIM is sh*t. To add to your list of those starting to fly, Anglo Pacific Group, Glencar Mining, Jubilee Platinum. There seems to be a few more in the early stage of starting a move, amongst others, Ariana Resources, Horizonte Minerals, and Medusa Mining The sector does seem to be turning up - why at this point ? --- Undervalued - Consolidation starting - Just the ' most meritorious issues ' moving up.

From an article by Jim Sinclair on May 1st:- On the 8th of May interest will increase in junior precious metals shares. This interest will first be in the most meritorious issues. ---------------- Whether the western Consolidator is a single or multiple entities it is important that there will be competition from Asia, China and elsewhere. The real question is who is going to get consolidated and will the first deals be on the cheap ?? From that May 1st comment Jim has been in the know for a least a week so it's time to look for the most meritorious issues - Suggestions ??

From Jim Sinclair today:-- Dear CIGAs, I know more than any other writer on the consolidator subject. The Consolidator has made every effort to dress up as the quiescent producer. Now the Consolidator has joined the Asians and Middle East in competition to consolidate the junior production and exploration industry. This is fact. Believe me I know. The stockholders of the junior exploration and production companies do not, nor do they believe this is the real reason behind the depression in prices. The Consolidator is out there shopping hard. Regards, Jim ---------- Jim can be quite cryptic but with his statement 'That is fact, believe me I know ', I think he does. I doubt it will be long before the consolidation becomes very apparent. .

Have found a drill result calculator for ounces and a fair value which may prove useful. You just need a few simple figures to get the ounces and fair value. When putting the width and grade in rather than put in the results for every hole, just using an average width and grade for all the holes only needs one entry. Useful as a rough guide. http://www.49west.com/newcalc.html .

Major Companies Certain to Target Juniors in Search For New Resoures Author: Jim Sinclair Dear CIGAs, With the world's mineral resources being depleted by unprecedented demand from developing nations, mining companies and end users are desperately looking for new sources of supply. That being said, is it any wonder that some of the most pre-eminent names on the global mining scene (Homestake, Placer Dome, Inco and Falconbridge to name a few) have simply disappeared - gobbled up by competitors who realize that buying mineral resources on the open market is a lot easier than discovering the resources themselves. Given the high capital cost and risk associated with exploration in virgin territory, most of these predatory companies are looking closely at established mineral belts where mines have been found and are still being discovered. It's not rocket science but just common sense. What we've seen so far on the merger front is only the tip of the proverbial iceberg. In the coming years, companies with good land positions in the world's most prolific mineral belts will reap the rewards of their efforts at premiums that will shock you by today's standards. In fact, the targeting process is happening as I speak. Mega mergers ahead for mining industry Fri Apr 11, 2008 6:13pm BST By Ignacio Badal - Analysis SANTIAGO (Reuters) - With metal prices holding in what many call a super cycle, the global trend toward mergers and acquisitions will continue among miners, according to analysts and executives who attended the CRU/Cesco copper week in Santiago this week. Small and medium-sized miners, and juniors who are still in the exploration stage, are the easiest targets for bigger companies, but the acquisition wave won't likely stop there, they said. .

Article from Goldworld.com :---- J.P. Morgan's Dirty Little Secret By Greg McCoach | Monday, March 24th, 2008 Events last week have prompted me to send out this communication regarding the sudden collapse of the precious metals market. Let's take a look at what caused the collapse and why junior mining companies are the one glimmer of hope amid the chaos. Bear Stearns, J.P. Morgan, and the Precious Metals Market The demise of Bear Stearns, which was reported to the public last Sunday evening and Monday, has in turn caused their assets to be sold off in masse this week. On their book of liquid assets was a rather large, long gold position. It is being sold off in order to raise cash to offset their massive losses. The spot prices have been hammered because of this activity, but it will be short-term in nature. If you're looking to buy physical precious metals to diversify your portfolio at this point, you are being given an unexpected gift to do so. It won't last long. Another item in Bear Stearns closet was a massive short-position in the ten year treasury. This of course is being unwound this week, which is making the dollar look a bit stronger than it really is. However, don't be confused by this nonsense, the dollar will soon resume its downward trend. The fact that Bear Stearns was shorting the dollar to such a degree shows that they were not playing along with the the Federal Reserve banking crowd. And they have been severely punished by the powers that be. What brought Bear Stearns to its knees was their own riverboat gambling mentality that not only jeopardized them, but the financial system as a whole. This story is just the beginning of what will be a long list of companies that meet a similar fate. Will the Fed and the citizens of the United States be able to bail out all the financial sewage that is about to be uncovered? What the Fed is doing is nothing more than sleight of hand trickery to gain the assets of Bear Stearns. As I have said before, the Federal Reserve is no more "Federal" than Federal Express. It is a private organization owned and controlled by shareholders, the largest of which is J.P. Morgan Chase. J.P. Morgan Chase, in other words, is the Federal Reserve... so don't be surprised that they end up with the assets while you and I pay for the debts from the whole mess. When are people in the United States going to wake up to the ugly realities that are now upon us? This ongoing calamity of financial chaos is going to cause extremely serious consequences to each and every American. Your wealth, security and lifestyle are all at stake as the coming months and years unfold. -------------------------------------------- Steve, have relayed Jim Sinclair's comments to Adam Hewison. I wonder if there will be a reply ????????????????

Jim Sinclair emphasising a point:-- Dear Arlen, I have read this as you requested. It is what I HAVE ALREADY told you! The hedge funds have been short the juniors and long the majors, resulting in overpricing the major and violently under-pricing the juniors. The shorts continue their campaign by selling usually near the close on relatively light volume to attempt to make many issues look bad. All you need to do is look at your junior in question on a 9 or 18-minute chart and check the volume of each bar. The operation at hand will scream out at you when compared to the total volume on the day. Low volume selling within minutes of the exchange closing followed by even more miniscule selling on the electronic after hours are a dead give away someone is working hard to paint a picture by NOT SELLING TO SELL VOLUME, ONLY TO MOVE PRICE. They will get burned. You can count on that. Any issue doing well on the ground should not be bothered at all by both legal and illegal shorts. The undervaluation with gold running towards $1650 will burn them. I have been spot on regarding gold and will be spot on regarding this issue. I am open to wagers. A company that has in-ground assets rising in value should love the short that gets increasingly short as that will ultimately benefit the situation. The short is pushing their luck at this point. Regards, Jim

Extract from Penny Sleuth article, tipping the juniors in general.:-- But as you know, institutional investors are wary of anything not in the S&P 500. So, they dive into physical gold and major producers. Our junior minors remain the only undervalued avenue for investment at that point. This sets up the third phase, which is just about to start… Compared to the last huge precious metals rally, this one is more of a slow and steady increase. This gives us a clearer picture of this all-important third phase, which goes something like this… People outside of the institutions and Wall Street begin to realize what they’ve missed during the first two stages of the precious metals rally. They want in. Just as they did during the end of the dot-com boom in 1999 and 2000, everyone throws their money at the hottest thing, which, in this case, is precious metals. So instead of continuing to invest in the already overbought mega-producers, this new crowd begins to buy up the undervalued junior miners. This is our chance. ----------- The third phase could be quite lengthy !

Rigger There seems to be a few new processes around. Alexander mining - AXM, have a new process called AmmLeach using ammonia rather than acid. Seems to have applications for improving extraction for several metals, not sure about platinum yet. Also environmentally friendly and very cheap when de-commissioning.

Gold juniors --- Buy of a lifetime ----- Part II Eric Hommelberg http://news.goldseek.com/EricHommelberg/1203434635.php

QUOTE (DrBubb @ Feb 12 2008, 05:33 PM) And EVENTUALLY, we will see the bull move of a generation, which they may disbelieve 19th century - Western world Industrial Revolution - maybe 2-300million people 21st century - Eastern/Asian emerging markets Industrial Revolution - Over 3 billion people Would think so !!