littledavesab

Here is another option for physical gold collectors.

A little corner shop run by a funny little Egyption fella is now flogging the physical stuff

see - No idea what the mark up is **. Still I guess they have it in stock. Anyone for the 2 stone 300K whopper ? They can store it too @ £230 pa

http://www.harrods.com/HarrodsStore/Global...50-2e7cce700a00

http://www.timesonline.co.uk/tol/money/con...cle6877148.ece#

edit **

http://goldnews.bullionvault.com/gold_physical_101520091

Harrods' new gold department told BullionVault by phone today that its premium on Krugerrand gold coins is currently set 11% above spot price – twice the average mark-up already charged by typical US and European dealers.

IS THIS GOLD GOING MAINSTREAM ??????? I dont remember IC doing this before !!!

http://events.investorschronicle.co.uk/eve...etail.php?id=81

IC Gold Conference Email to FriendPrint

Date: 23/11/2009

Time: 02:25 pm - 05:30 pm

The Investors Chronicle is proud to launch our 2009 Gold Conference, discover the potential profits and the avoidable pitfalls at our half day conference on Monday 23rd November 2009 at the London Stock Exchange, London.

Gold has always traditionally been the safe haven for investors and the recent market turmoil has proved how important it is to have gold in your portfolio. Many argue that gold should make up between 5 -10% of every serious investors portfolio. Yet one of the most frequent questions our readers ask, is should we invest in gold now, and how do we do it?

The IC Gold conference will examine the various ways to invest in Gold including the long and short term outlook and different investment options available depending on risk, while highlighting the most profitable strategies in the present climate. The essential event for anyone wanting to invest in Gold.

The IC Gold conference is completely free to attend, however places are limited so register now to reserve your complimentary place at this launch event!

Location: The London Stock Exchange Address: 10 Paternoster Square

London EC4M 7LS

Get driving directions »

E-mail: robert.reed@ft.com

Contact name: Robert Reed

Phone: 0207 775 6593

CONGRATULATIONS! You have won MY first prize in how to demonstrate smugness/condescension/stupidity in the fewest number of words possible.

Its a mark of genius, didnt you know

I try hard but always seem to end up with too much stupidity or not enough words....

And the States? What's the big difference in psychology across the pond, Dr Bubb? Stocks have bounced back too but US housing has by and large continued its fall from grace.

 

Sentiment in the UK is stonger. Does that simply mean the UK is more gullible (thicker)?

IMO - 2 things

1 = US has accepted it has had a bubble - UK has not - I mean UK in terms of most politicians and the general public

2. UK banks have not (I think) written down asset values sufficiently relating to housing stocks. Commercial property might be a little different. However as an example. if you look at Taylor Wimpey's close shave with bankruptcy earlier this year, the banks could have killed it and taken full ownership and chose not too - Investors Chronicle (not exactly a redical publication) thinks this is because the banks did not want to take the hit on the writedown that such action would have caused

James Dines King World Interview part 2 - was very positive on U stocks still and he specifically tipped Pinetree - PNP which I vagely remember DrB has traded in the past

Interestingly Dines is also very bullish on rare earths and PNP's various investments includes

http://www.pinetreecapital.com/investments...ash_rare_earth/

Potash

Potash is the common name given to potassium carbonate and various mined and manufactured salts that contain the element potassium in water-soluble form. Potash is commonly used in glass, soap and soil fertilizer. Its importance in agriculture results in increased demand for potash as an increasing world population leads to greater demand for agricultural goods.

Rare Earths

The principal source of rare earth elements are the minerals bastnasite, monazite, and loparite and the lateritic ion-adsorption clays. Though high in abundance, they are more difficult to mine and extract than the equivalent transition metals, making rare earths more valuable. Industrial use of rare earths include many modern technological devices, including: superconductors, samarium-cobalt and neodymium-iron boron high-flux magnets, electronic polishers, refining catalysts and hybrid care components, among many other uses. With the use of rare earths in modern technology increasing dramatically, the demand for rare earths will continue to grow significantly.

Phoenix Coal Inc. (PHC: TSX)

Common Shares: 7,542,000

--------------------------------------------------------------------------------

Western Potash Corp. (WPX: TSXV)

Common Shares: 2,685,500

Warrants: 6,000,000 (expire October 15, 2009)

This is different: a full page advert on gold in todays Metro (free giveaway London) paper

- this time they are offering to sell you gold (not buy it off you). Usual gold bug arguments quoted - big % gains over recent years etc, losses in stock exchanges.

to be balanced by Alphaville markets live

http://ftalphaville.ft.com/blog/2009/09/16...6/markets-live/

- reference to darker recesses of bulletin boards, paranoid gold bugs in tib foil hats who are quids in who can use their gold bars to club Zombies when the world ends

I thought Buffet was famous for not having a computer, he would just read annual reports, and work out if they where undervalued or not compared his projected earnings calcualtions.

http://www.ibtimes.com/articles/20090604/b...-investment.htm

Buffet himself emphasised the non-productive aspects of gold in a speech in 1998: "It gets dug out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it."

http://www.time.com/time/magazine/article/...,138593,00.html

So it was last week in the silver market, where prices spiked to a nine-year high after Warren Buffett, the Oracle of Omaha, disclosed that he had taken a major shine to the metal and bought up 129.7 million oz. of the stuff. That amounts to 37% of the world's aboveground stock of raw silver, according to the CPM group, a commodities and precious-metals consulting firm.

Buffett made his gleaming presence felt. The price for an ounce of silver to be delivered in March hit $7.28, up 16% in the two days after Buffett's disclosure and up nearly 70% since he started buying the precious metal six months ago. Despite the surge, veteran--and thus oft-pummeled--silver traders will note that a price just north of $7 is nothing next to silver's peak in 1980, when it hit $50 amid an infamous attempt by the brothers Herbert and Nelson Hunt to corner the market.

---------------------

Despite the above I still like Buffett - his advice to investors is (IMO probably) honest and is mainly favourable/advantagous, unlike the twaddle peddled on CNBC. But he does like to project a certain cuddly fuddly image but given his success there must be much more to him than his public persona

You have called the book Free Capital: the world of full-time private investors....but after reading the chapter on 'Hugh' (which sounds a lot like yourself...retired at 34, former academic etc).....but it sounds like 'Hugh' is more of a trader than investor.

 

Traders to me are people who go long and short and watch the market every day monitoring price movements....investors like Buffett just buy and hold for the long term collecting dividends along the way and selling out only once they figure out when the long term bull market is coming to an end.

 

I hope to be a full time investor within the next ten years...but not a trader, I think the difference is important.

I remember reading somewhere that a good investor is often a good trader and vice versa

Wish you luck Charlie. Personally I am a long way from being anything like a successful full time investor !

Beta- GS-site : http://tinyurl.com/goldstock

 

Concentrate on the charts - You can get a quick overview in a glance or two what's happening around the Markets.

 

I will probably change the stock charts at the bottom and am looking for suggestions of which stock charts to cover.

 

Right now, I track all the Gold etfs, and that's not necessary, since they all key off

The Major Gold regional etfs: GLD, GBS.L, and HK:2840

First time I have looked - looks OK

A nice chart of Gold & Silver in GBP would be appreciated - is never that easy to find these for some reason

+ I note on the website you have a Forums link and the following mentioned:

Kitco : G'Pot : F'Sense

I generally think of forums as discussion forums like www.greenenergyinvestors.com (missing) from the link - didnt know F'Sense had a forum ? (link doesnt work anyway)

PS There will always be was while governments are in charge. But if they don't have the power to print money then sheer economics will reduce the scale of these wars.

Read not listened to article. Sorry to say this but looks like you had your gold tinted specs on when you wrote this

WW1 occured with the gold standard in full effect. WW1 resulted in a major deflation in terms of world population thanks to the machine gun (and useless generals) plus (eventually) to Germany experiencing hyper inflation where they were "saved" by Hitler and to UK loosing its role as the worlds reserve currency (after WW2 where the unfinished business was finally sorted).

Also if we go back to making stuff and not consuming...... who is going to be buying?

Incidentally if Benanke/Greenspan really are responsible for the current financial mess by keeping interest rates on an artifically low level for an extended period of time, for all the backslapping of free markets that goes on - the free (Stock) markets didnt exactly object did they? No... there was a nice run up between 2001-2007.

For my part, most of the speculation I do is through part-time sports betting and trading. Even though I could probably go full-time, I simply don't think that I could deal with the stress of having my entire means coming from gambling! I only ever bet on sports that I can watch live and usually keep it down to tennis, soccer and Gaelic games. My tactic for betting is based on the completely unscientific method of gut-instinct and hunches! I know it sounds ridiculous, but I can often look at an odds market and know instinctively that it's just completely wrong.

Welcome Ireland and interesting post

I have the occasional flutter on sports betting but nothing serious, mostly restricted to F1 (poor poor record) and Footy (OK ish record).

Am interested to know

- do you restrict yourself to betfair or do you use the traditional bookies also?

- do you follow any tipsters - the metro fella keeps singing his own praises but I havent done any serious work to know if he is profitable or not

- golf always struck me as one market where tipsters can be right

http://search.metro.co.uk/search?q=tipster...mp;x=7&y=13

Maybe we should start a separate thread for interest if nothing else?

we have the communists buying gold

 

and the "free" world selling, leasing and naked shorting it

 

what a joke

The sad joke/fact is that the communists in China seem to be doing a better job of running capatalism than those in Washington (or London)

prototype launched today - London UK - open source !!!!!

............ but so many false starts - how far will this one get I wonder....

Still its a step in the right direction

http://www.newscientist.com/article/dn1731...ref=online-news

A concept car that attempts to sidestep the three main hurdles to the dream of hydrogen-fuelled highways was unveiled in London, UK, today.

Like other hydrogen cars, the Riversimple Urban Car (RUC) is powered by a fuel cell that combines hydrogen with oxygen from the air to release energy and nothing more toxic than water.

Its makers claim that by starting from scratch to build a small, efficient car they can make it commercially viable more quickly than the major auto manufacturers experimenting with adapting more conventional cars to hydrogen. Honda predicts its FCX Clarity hydrogen car will enter mass production in 2018, but Riversimple is aiming to lease its first fleet in 2011 and mass produce in 2013.

see New Scientist website for rest of article

If you're now hoping to be the first RUC owner on your street, you're in for a disappointment. The car will not be on public sale, but instead will be leased. "That means we are driven to encourage people to keep them for as long as possible rather than replacing their vehicle quickly, as is usual in the car business," says Spowers.

He hopes to lease the first fleet in 2011, in a small UK city. The leasing cost will include free access to a dedicated hydrogen station operated by the company and is predicted to be around £200 ($330) a month.

----------------------------

+ see also

http://www.riversimple.com/LatestNews.aspx

Spread betters fall into the general financial field but should they be considered more like online gamblers. SB certainly seems to be a rising trend and one that can benefit from high volatility, city lay offs and rising or declining stock markets. Whether its good value is a different question, despite UBS's view i I dont know, haven't looked at in depth, but its an idea

http://www.bloomberg.com/apps/news?pid=206...8g&refer=uk

June 9 (Bloomberg) -- IG Group Holdings Plc, owner of the IG Index financial-market betting brand, forecast full-year sales rising 40 percent, helped by the acquisition of its Japanese currency trading unit.

Revenue for the year ended May 31 should advance to 257 million pounds ($415 million), from 184 million pounds a year earlier, the London-based company said today in a Regulatory News Service statement. Sales on a comparable basis increased 18 percent in the fourth quarter, compared with 12 percent in the third. IG Group rose the most since January in London trading.

The drop in third-quarter sales “was largely a result of the impact on clients of extreme market volatility in October, including the resultant credit risk management changes and not a permanent shift in client appetite,” said UBS AG analysts including Isabel Green in an e-mailed note. UBS advises buying the stock.

Adjusted pretax profit was 125 million pounds, IG Group said. While market volatility declined during the fourth quarter, the rally in stock markets from their lows in early March encouraged greater trading in equities, the company said.

IG Group climbed 11 percent to 242 pence. The stock has declined 5.6 percent this year, giving the company a market value of 870.1 million pounds.

Sales at FX Online Japan KK stabilized after a sudden decline in revenue during February, IG Group added.

The charge for bad debts will probably decline to below 3 percent of revenue, from 12 percent, after the company altered its management of credit risk.

I actually think that the traditional UK bookies could be a good long term bet if they learn the lessons of the last 12 months. For example, William Hill was encouraged by so called banking and city experts to take on a massive amount of debt to buy the Stanley Leisure bookmakers a few years back, because it was the only way to expand and create value for the company. Of course, when everything hit the fan in the last year their share price collapsed because according to those same city experts, they now had too much debt. The short sellers had a field day considering that it fell from around 675 to below 150 in a year, this at a time when it was still making decent money off the punters. The same is true today, with the exception of a few good spells that the punters have here and there, WH and Ladbrokes continue to make good money and will most likely survive the recession/depression because people will continue to gamble. This is the average man in the street's stock market!

 

WH just had a rights issue to help put their debt house in order, I doubt whether they will be keen go down that route again in the future.

Thanks, I will maybe have a look again at WH. I remember its rights issue was successful and I guess it would be a long term play. But I also vaguely remember that even after the rights issue it still had a fair amount of debt - although I assume this is now comfortably by cash fow and has new banking facilities in place

No real new news on WH since the rights issue time, other than its exit from a Spanish experiment

http://online.wsj.com/article/BT-CO-20090514-703599.html

riggerbeautz said:

Probably because it caused so much pain to some with the online gambling co's Remember riding up on PRTY long time back, but wince as the profits disappeared. Tried to trade leaky stories the U.S was about to relent some time back, in the end i just stayed out in the belief it was a bit dicey.

Seem to remember one exec got nailed in the states travelling back to the U.k via America on holiday, that said to me they were serious. Never really looked at the sector since, but just noticing it's back in vogue in the mags.

From memory, it wasn't just the U.S that had issues wasn't there some threat to BWIN in Austria, Turkey was a bit dodgy too?

Maybe worth a look again, or maybe not.

No idea re BWIN. However mining companies in the past have been known to tell fibs, Mark Twain said a mine is a hole in the ground with a liar standing beside it!

The fact that the 888 & Party Pokers have survived their crisis, despite loosing their biggest market in the US might tell us something about the profitability /cash flow of their businesses.

Ironically Gaming VC never went near the US but its shares got hit along with the sector when the US thing kicked off - thats a lesson in not trying to be smarter than the market ! Now its got potentially a similar problem looming with the Germans, although apparently EU law should stop the Germans from acting - hmm? Good job we are not talking about the French they have a strictly one sided interpretation of all things EU

Gaming VC Holdings SA(Public, LON:GVC)

Here is another which I have kept an eye on. Has a potential problem with its German licence - Germans like the US previously have decided online gambling/poker playing is a unhealthy vice apparently. (Should I say that their citizens had better stick to property speculation instead - nah !)

It is profitable generates good cashflow and pays an excellent dividend. + Its looking to buy a South American co. Its market cap is Mkt Cap: 52.00M ££ and it has a fair bit of cash on its balance sheet, see below.

The German issue is the main unknown factor however - therefore is risky. I have no idea what its chart is saying, its been as low as 90p a few times. As always DYOR whatever you do dont punt on the basis of this post. I am not sure if I would buy now.

http://www.igamingbusiness.com/article-det...articleID=21051

Online casino and sportsbook operator Gaming VC Holdings SA has released its preliminary financial results for 2008 showing a 22.5 percent jump in net profits to €40.9 million.

Gaming VC is the firm behind CasinoClub.com and was granted a Maltese gaming license in August of 2007 meaning that it could diversify away from its traditional German market.

It reported net gaming revenues of €50.1 million, a year-on-year increase of 17.5 percent, and stated that non-German activities now account for 31 percent of its overall business, a rise of ten percent from 2007.

Gaming VC’s operating profit increased to €16.4 million from €16.2 million in 2007 while its profits before tax rose by €300,000 to €16.9 million to give it €17.5 million in cash at the bank as of the end of December.

'I am delighted that our strategy to diversify the group's product offering away from Germany continues to be successful,” said Kenneth Alexander, Chief Executive Officer for Gaming VC.

“Our non-German brands are growing strongly and their percentage contribution to group revenue is increasing. We continue to seek acquisition opportunities in selected additional markets.

“In the first three months of 2009, trading has been slightly ahead of our expectations across all divisions of the group and I am cautiously optimistic that 2009 will be a successful year.'

Alexander revealed that Gaming VC’s sportsbook operations had achieved net win margins of over 13 percent and generated 13 percent of the firm’s revenues and 15 percent of its gross profits

Its a shame that this thread does not have more life

If one is looking for a growth area in the so called developed world and that is outside of the resources sector then ONLINE GAMBLING certainly springs to mind

The traditional large UK bookies have too much debt for my liking

London Capital Group Holdings plc(Public, LON:LCG) - is one recently tipped by Jim Slater of the Zulu principal

old but still relevant re industry trend

http://www.ft.com/cms/s/0/c883674e-fe25-11...0077b07658.html

London Capital Group showed how spread betters remain among the few businesses to be thriving from market turmoil by predicting it would meet analysts' earnings expectations this year, sending its shares up 3 per cent.

LCG reported a 35 per cent rise in pre-tax profit to £12.6m for calendar 2008, on a 57.6 per cent rise in revenue to £29.6m.

Spread betters continue to sign up clients at a blistering pace, in spite of falling equity markets and as regulators pursue a rising number of alleged investment frauds - including Bernard Madoff and Stanford International Bank - that have dented investor confidence.

Spread betting involves taking two-way bets on the movement of foreign exchange, interest rates, stock indices and commodity prices.

LCG said it had achieved a record level of account openings last year, with client funds up 44 per cent to £24.2m. "In spite of the economic gloom, trading conditions have been kind to us," said Frank Chapman, chief executive.

Asked why people were willing to engage in spread betting at a time when the appetite for risk in the wider markets has taken a severe knock, Mr Chapman said: "Is it a good idea to put £20 on the 2.30 at Kempton [Park horse racecourse]? Is it a good idea to give your money to Mr Madoff? People have been betting or gambling since the world began and I think it's just an extension of that."

About a third of LCG's clients are aged 33-43 and based in London and the south-east, while slightly more than 5 per cent are aged 66 or above. A total of 90 per cent are men.

Almost 32 per cent have salaries ranging from £20,000 to £35,000, according to the company. About 56 per cent had savings of up to £20,000.

The company had 33,560 clients last year, including 14,430 new clients for the year. About 35 per cent of them had used their accounts in the past three months.

LCG's larger rival IG Group is experiencing a similar rate of growth in its clients and has been expanding abroad.

The two companies' shares have fallen by about a quarter in the past 12 months but they have still outperformed the FTSE All-Share Financials index by more than 70 per cent.

LCG, in the same way as IG Group, has been expanding abroad by signing "white label" deals with other betting, share trading or technical charting businesses that embed LCG's online trading platform on to their websites.

They market LCG's business, while LCG is responsible for running the banking, account management and risk position management. Every time a trader makes a trade - whether they make or lose money - the white label partner takes a small cut of the bid-offer spread.

LCG has launched white label operations in Germany and in Denmark, including a deal with Saxo Bank, an online foreign exchange and securities trading specialist.

Richard Davey, chairman, said: "While we recognise that economic conditions are extremely difficult and are likely to remain so for some time, we remain confident of the group's ability to continue to grow."

LCG shares closed 7¾p higher at 271¾p.

How do you measure Opec’s crude oil supply amid secrecy and dishonesty?

http://blogs.ft.com/energy-source/2009/05/...erber-has-died/

Conrad Gerber, who died on April 25, responded to that question for almost 30 years, providing the oil market with a glimpse of clarity from his Geneva-based Petro-Logistics company.

He made a living from a peculiar characteristic of the oil market: the most reliable data for Opec monthly supply comes not from the cartel member’s energy ministries, but from so-called secondary sources - a network of spies watching, binoculars in hand, the movement of tankers in and out of the world’s ports.

Opec’s members do no trust each other supply numbers, so even themselves used Petro-Logistics data, among others. The confusion and distrust about production is so deep that Opec members in the past regularly request data about fellow members’ production from the International Energy Agency. This is ironic because the IEA, created after the 1970s oil shocks as the western countries’ oil watchdog, is basically to Opec what Nato was to the Warsaw Pact.

-------------------------------------

His last chat to ft is here

http://www.ft.com/cms/s/0/840a7d02-bcec-11...00779fd18c.html

Venezuela is so unsure about how much it pumps that from time to time the central bank calls the oil ministry to correct the numbers because there are too few dollars in the vaults to support their inflated oilproduction claims, industry insiders say.

You have to laugh at Ven!

Minesite article

http://www.minesite.com/nc/minews/singlene...Hash=dfed1f9150

Taking The Pulse Of London’s Small Cap Mining Scene At This Year’s Master Investor Show: The Prognosis Is Good

Latest WGC article is a good read

http://www.gold.org/assets/file/rs_archive..._April_2009.pdf

you probably need to register (its free) to download - is worth doing

- They dont think anything funny is going on on the Comex!

+ they suggest look at silvers perfomance as a proxy for gold rather than homesake mining re period 1930-1934

+

The second central bank gold agreement (CBGA2) expires on September 26 this year. As at April 1, CBGA2 signatories, which are principally the Eurosystem central banks, had announced sales of 91 tonnes. The only major seller in this year of the agreement has been France, which has sold 64 tonnes of gold.

We expect a third central bank agreement to be announced soon, as some European central banks still want to rebalance the proportion of gold held in their reserves. This reflects the very high proportion of gold in total reserves, a legacy of the gold standard days. France, for example, still holds 73% of its total reserves in gold. Other European central banks, such as Portugal, have as much as 90% of their reserves in gold. The planned 403.3 tonnes of gold sales from the IMF, which still require legislative action by several member countries, including the US, may also be part of any third CBGA.

Russia remains the main buyer of gold in the official sector. Its gold holdings reported in the IMF’s International Finance Statistics having increased by 51 tonnes in the past six months.

--------------------------

? I wonder if that explains how Russia has managed to burn through so much fiat recently in defence of their currency?

MINING (1770) CONSTITUENTS - PERFORMANCE - STILL DOWN 50% OVER LAST YR.

Up 39% over last 3 months (or last 6)

Hope this chart copies accross ok

Name Price 30 day Chg EPS P/E PEG Div Yield Market Cap (m) Broker Rec

 African Consolidated Resources 7.38p 34.09% -0.48p n/a 0 0.00% £16.52 n/a

 African Copper 2.12p 0.00% 0.090p 23.6 0 0.00% £3.12 Strong Sell

 African Diamonds 23.00p -6.12% -1.07p n/a 0 0.00% £17.53 Neutral

 African Eagle Resources 3.00p -4.00% -0.60p n/a 0 0.00% £6.38 Strong Buy

 African Minerals Limited 56.25p 37.20% -30.05¢ n/a 0 0.00% £105.48 Strong Buy

 Alba Mineral Resources 0.62p 0.00% -0.65p n/a 0 0.00% £0.58 n/a

 Alexander Mining 3.12p 31.58% -8.96p n/a 0 0.00% £4.20 n/a

 Allied Gold 18.00p -7.69% -2.70¢ n/a 0 0.00% £85.08 Strong Buy

 Altona Energy 3.62p -14.71% -0.26p n/a 0 0.00% £12.98 n/a

 Amur Minerals 4.08p 526.92% -2.00¢ n/a 0 0.00% £4.96 n/a

 Anglesey Mining 4.13p 6.44% 6.80p 0.6 0 0.00% £6.30 n/a

 Anglo American 1,422.00p 16.65% 436.00¢ 4.8 1.1 2.10% £18,720.50 Neutral

 Anglo Asian Mining 17.75p 0.00% -14.80¢ n/a 0 0.00% £18.25 n/a

 Anglo Pacific 120.00p 3.00% 27.56p 4.4 n/a 6.50% £128.06 n/a

 Angus & Ross 3.12p 8.70% -2.97p n/a 0 0.00% £6.63 n/a

 Antofagasta 558.00p 9.52% 85.50¢ 9.6 n/a 1.10% £5,501.08 Underweight

 Aquarius Platinum Ltd. 268.00p 53.45% 87.31¢ 4.5 0 4.82% £1,000.78 Underweight

 Archipelago Resources 9.25p 13.85% -3.10¢ n/a 0 0.00% £28.31 n/a

 Arian Silver Corporation (DI) 3.25p -10.34% -5.00¢ n/a 0 0.00% £8.39 n/a

 Ariana Resources 2.88p 21.05% -0.84p n/a 0 0.00% £4.09 n/a

 ATH Resources 66.00p 71.43% 15.30p 4.3 1.2 9.09% £26.45 Strong Buy

 Aurum Mining 5.75p -84.03% -3.57¢ n/a 0 0.00% £2.77 Sell

 Avocet Mining 72.75p -5.83% 27.53¢ 3.9 0 0.00% £88.15 Overweight

 Baobab Resources 3.75p 100.00% -3.80p n/a 0 0.00% £3.60 n/a

 Beacon Hill Resources 0.75p 66.67% -3.19p n/a 0 0.00% £1.07 n/a

 Beowulf Mining 1.25p -9.09% -0.52p n/a 0 0.00% £1.01 n/a

 Bezant Resources 23.00p 130.00% -18.66p n/a 0 0.00% £9.01 n/a

 BHP Billiton 1,435.00p 1.92% 274.90¢ 7.7 0.4 3.32% £31,670.56 Overweight

 Bisichi Mining 130.00p 20.93% 0.88p 147.7 n/a 2.31% £13.59 Neutral

 Braemore Resources 4.20p 112.12% -0.21p n/a 0 0.00% £33.15 Strong Buy

 Brazilian Diamonds Ltd 0.80p 113.33% -4.00¢ n/a 0 0.00% £1.55 n/a

 Caledon Resources 30.75p -20.65% 4.30¢ 14.6 0 0.00% £64.50 Overweight

 Caledonia Mining Corporation 5.25p 40.00% -0.80¢ n/a 0 0.00% £24.49 n/a

 Cambrian Mining 26.00p 1.96% 28.13p 0.9 0 0.00% £30.72 Neutral

 Cambrian Mining 'A' Wts 0.000p 0.00% n/a n/a n/a n/a n/a n/a

 Cape Diamonds 1.38p 41.03% -97.66p n/a 0 0.00% £1.99 n/a

 Carlton Resources 0.53p 40.00% -3.93p n/a 0 0.00% £1.41 n/a

 Centamin Egypt 53.25p -2.74% 0.51¢ 152.4 n/a 0.00% £527.02 Buy

 Central African Gold 1.60p 42.22% -15.31p n/a 0 0.00% £16.07 Strong Sell

 Central African Gold Warrants 3.00p 0.00% -15.31p n/a n/a n/a n/a n/a

 Central African Mining & Exploration Company 9.42p 142.78% 2.80p 3.4 0 0.00% £264.12 n/a

 Central China Goldfields 2.25p 12.50% -1.70p n/a 0 0.00% £4.13 n/a

 Central Rand Gold 42.00p -8.70% -16.21¢ n/a 0 0.00% £103.71 Strong Buy

 Chaarat Gold Holdings 16.00p 10.34% -11.21¢ n/a 0 0.00% £11.50 n/a

 China Goldmines 24.00p 4.35% -9.37¢ n/a 0 0.00% £11.63 Overweight

 Chromex Mining 19.50p 16.42% -1.94p n/a 0 0.00% £16.58 n/a

 Chromex Mining Wts To Sub for Ord 5.00p 100.00% -1.94p n/a n/a n/a £0.27 n/a

 Cluff Gold 35.25p -7.24% -7.47¢ n/a 0 0.00% £41.29 Strong Buy

 Coal of Africa Limited 63.50p 31.61% -4.12¢ n/a 0 0.00% £261.22 Buy

 Connemara Mining 9.50p 0.00% -4.62¢ n/a 0 0.00% £1.44 n/a

 Conroy Diamonds 2.50p -4.76% -0.35¢ n/a 0 0.00% £2.54 n/a

 Diamondcorp 30.50p 0.00% -11.55p n/a 0 0.00% £11.31 n/a

 Discovery Metals (CDI) 12.75p 64.52% -3.94¢ n/a 0 0.00% £21.91 Strong Buy

 Dwyka Resources 5.88p 14.63% 0.100¢ 119.7 0 0.00% £11.08 n/a

 Eastern Platinum 31.75p 32.29% 1.33¢ 35.2 0 0.00% £212.42 Buy

 EMED Mining Public Ld 5.38p 16.22% -6.84p n/a 0 0.00% £1.70 Overweight

 Emerging Metals Limited 5.88p 11.90% n/a n/a n/a n/a £19.43 n/a

 Empyrean Energy 5.62p 55.17% -2.30p n/a 0 0.00% £5.25 n/a

 Energybuild 16.50p -15.38% 0.70p 23.6 0 0.00% £21.45 Strong Buy

 Eurasia Mining 1.88p 50.00% -0.62p n/a 0 0.00% £2.65 n/a

 Eurasian Natural Resources 602.50p 46.77% 205.00¢ 4.3 0 3.50% £7,758.69 Overweight

 European Goldfields Limited 145.00p -21.41% 3.00¢ 71.1 n/a 0.00% £254.82 Buy

 European Nickel 8.00p 7.67% -6.00¢ n/a 0 0.00% £37.66 n/a

 Everfor Diamonds 4.00p 0.00% -67.20p n/a 0 0.00% £0.20 n/a

 Finders Resources 16.00p 36.17% -7.52¢ n/a 0 0.00% £14.54 n/a

 Firestone Diamonds 22.75p 49.18% -0.40p n/a 0 0.00% £14.04 n/a

 Forte Energy 5.38p 53.57% -0.40¢ n/a 0 0.00% £23.90 n/a

 Fresnillo 486.75p 7.39% 18.61¢ 38.5 n/a 1.90% £3,490.78 Buy

 Frontier Mining (Reg S) 1.57p 162.50% -3.00¢ n/a 0 0.00% £3.44 n/a

 Galantas Gold Corporation 2.12p -26.09% -1.00¢ n/a 0 0.00% £3.90 n/a

 GCM Resources 55.00p -7.56% 1.80p 30.6 0 0.00% £28.06 n/a

 Gem Diamonds 129.25p -15.66% -74.00¢ n/a 0 0.00% £178.34 Neutral

 Gemfields Resources 4.62p 68.18% -25.00¢ n/a 0 0.00% £14.98 n/a

 Gladstone Pacific Nickel 15.00p -6.25% -22.07¢ n/a 0 0.00% £10.64 n/a

 Glencar Mining 4.38p -10.25% -0.23¢ n/a 0 0.00% £13.22 n/a

 Globe Speciality Metals (Reg S) $3.50 27.27% 100.00¢ 3.5 0 0.00% $222.11 n/a

 GMA Resources 3.50p 0.00% -1.20p n/a 0 0.00% £13.73 n/a

 Goldplat 12.00p 2.13% 0.95p 12.6 0.2 0.00% £13.45 n/a

 GoldStone Resources 0.45p -5.26% -0.60¢ n/a 0 0.00% £0.60 n/a

 Greatland Gold 0.72p 16.00% -0.21p n/a 0 0.00% £1.42 n/a

 Green Dragon Gas $6.12 0.00% -9.30¢ n/a 0 0.00% $664.64 Strong Buy

 Greystar Resources 190.00p -10.59% -48.00¢ n/a 0 0.00% £105.83 Neutral

 Griffin Mining 27.75p 16.84% 12.08¢ 3.4 n/a 7.35% £50.39 Strong Buy

 Hambledon Mining 4.38p 6.06% -1.04p n/a 0 0.00% £20.53 Neutral

 Herencia Resources 0.50p 42.86% -0.22p n/a 0 0.00% £3.04 n/a

 Hidefield 0.75p -14.29% -0.84p n/a 0 0.00% £2.09 n/a

 Highland Gold Mining 55.25p 32.34% 6.10¢ 13.3 n/a 0.00% £179.67 Sell

 Hochschild Mining 217.25p 19.20% 8.00¢ 39.9 n/a 1.25% £667.72 Sell

 Horizonte Minerals 6.00p 17.07% -3.70p n/a 0 0.00% £2.43 n/a

 JSC Polymetal $6.27 -11.57% -7.40¢ n/a 0 0.00% $1,975.05 n/a

 Jubilee Platinum 12.75p 45.71% -3.45p n/a 0 0.00% £14.34 Neutral

 Kalahari Minerals 111.00p 32.14% -7.40p n/a 0 0.00% £198.59 Strong Buy

 Kalimantan Gold 6.00p 0.00% -3.00¢ n/a 0 0.00% £3.70 n/a

 Karelian Diamond Resources 3.50p 7.69% -0.46¢ n/a 0 0.00% £2.12 n/a

 Kazakhmys 515.50p 41.91% 227.00¢ 3.3 n/a 1.85% £2,759.16 Underweight

 KEFI Minerals 1.38p 0.00% -0.020p n/a 0 0.00% £2.59 n/a

 Kenmare Resources 19.25p 132.49% 0.045¢ 629.1 0 0.00% £153.10 n/a

 Kirkland Lake Gold 447.50p 26.95% -6.00¢ n/a 0 0.00% £261.00 n/a

 Kopane Diamond Developments 13.50p 500.00% -8.50p n/a 0 0.00% £29.65 Strong Buy

 Kryso Resources 7.62p 29.79% -1.25¢ n/a 0 0.00% £6.81 n/a

 Landore Resources 10.25p -4.65% -2.80p n/a 0 0.00% £18.57 n/a

 Lapp Plats 17.50p -20.45% 0.12p 145.8 0 0.00% £4.09 n/a

 Leyshon Resources 3.75p 15.38% -4.80¢ n/a 0 0.00% £8.09 Strong Buy

 Lithic Metals and Energy 2.50p 25.00% -1.00p n/a 0 0.00% £3.16 n/a

 Lonmin 1,391.00p -5.50% 351.90¢ 5.8 0.3 2.88% £2,195.22 Sell

 Maghreb Minerals 1.75p -6.67% -1.96p n/a 0 0.00% £1.59 n/a

 Mano River Resources 4.38p 29.63% 0.011¢ 588.7 0 0.00% £13.90 Strong Buy

 Mariana Resources 4.50p 125.00% -4.10p n/a 0 0.00% £2.95 n/a

 Medusa Mining 80.50p 7.33% -0.90¢ n/a 0 0.00% £134.12 Strong Buy

 Mercator Gold 4.88p 50.00% -50.90p n/a 0 0.00% £3.54 n/a

 Metals Exploration 13.75p 22.22% -3.55p n/a 0 0.00% £22.73 n/a

 Minco 3.38p 107.69% -1.69¢ n/a 0 0.00% £7.05 n/a

 Minera IRL 66.00p 5.60% -18.40¢ n/a 0 0.00% £40.84 Overweight

 Monterrico Metals 72.50p -3.33% -41.00¢ n/a 0 0.00% £19.07 Strong Sell

 Moto Goldmines 153.50p -1.92% n/a n/a n/a n/a £133.42 Overweight

 Moydow Mines International 5.00p -9.09% -2.00¢ n/a 0 0.00% £2.83 n/a

 Mwana Africa 5.08p 11.40% -2.43p n/a 0 0.00% £20.69 n/a

 Namakwa Diamonds 33.00p 109.52% -37.00¢ n/a 0 0.00% £39.30 Neutral

 Namibian Resources 1.88p 15.38% -0.78p n/a 0 0.00% £0.75 n/a

 Nautilus Minerals Inc. (DI) 66.50p 11.76% -55.00¢ n/a 0 0.00% £103.45 Strong Buy

 New World Resources 260.75p 7.42% 130.00¢ 2.2 0 15.93% £687.86 Underweight

 Norseman Gold 15.50p 10.71% -9.00¢ n/a 0 0.00% £22.64 n/a

 North River Resources 1.75p 40.00% -0.37p n/a 0 0.00% £1.19 n/a

 Noventa 14.50p -6.45% -47.00¢ n/a 0 0.00% £5.72 n/a

 Obtala Resources 27.75p 0.91% n/a n/a n/a n/a £51.88 n/a

 OJSC Polyus Gold ADR $23.85 -0.62% n/a n/a n/a n/a $4,546.47 n/a

 Ormonde Mining 4.25p 25.74% -0.34¢ n/a 0 0.00% £9.21 n/a

 Orsu Metals Corporation 4.38p -5.41% -28.00¢ n/a 0 0.00% £19.99 Strong Buy

 Ovoca Gold 4.13p 31.95% -0.25¢ n/a 0 0.00% £18.47 n/a

 Oxus Gold 7.64p 15.06% -11.23¢ n/a 0 0.00% £29.31 n/a

 Palmaris Capital 3.25p 44.44% -0.080p n/a 0 0.00% £5.07 n/a

 Pan African Resources 4.12p 3.12% -0.11p n/a 0 0.00% £45.89 Strong Buy

 Pan Pacific Aggregates 0.53p -4.55% -3.60p n/a 0 0.00% £1.59 n/a

 Pangea DiamondFields 2.10p 27.27% -8.64¢ n/a 0 0.00% £35.46 n/a

 Patagonia Gold 11.25p 18.42% -1.86p n/a 0 0.00% £66.77 n/a

 Peninsular Gold 31.00p -21.52% -3.17p n/a 0 0.00% £17.12 n/a

 Persian Gold 4.50p -14.29% -0.66p n/a 0 0.00% £3.36 n/a

 Peter Hambro Mining 600.00p 29.03% 27.10¢ 32.6 n/a 0.85% £1,026.50 Overweight

 Petmin 12.75p 15.91% R15.31 10.8 0.1 0.00% £69.43 Strong Buy

 Petra Diamonds 40.00p 42.86% -3.17¢ n/a 0 0.00% £73.57 Overweight

 Platinum Australia 42.50p 32.81% -5.30¢ n/a 0 0.00% £105.00 Overweight

 Platmin 50.00p -3.85% -3,285.00¢ n/a 0 0.00% £176.32 Overweight

 Polo Resources 3.33p -8.90% -1.12¢ n/a 0 0.00% £68.85 n/a

 Rambler Metals and Mining 12.25p 13.95% -1.40p n/a 0 0.00% £7.27 Strong Buy

 Randgold Resources 3,362.00p -8.29% 54.00¢ 91.6 n/a 0.26% £2,577.64 Overweight

 Red Rock Resources 1.12p 4.65% 0.040p 28.1 0 0.00% £4.97 n/a

 Regency Mines 1.10p 0.00% -0.26p n/a 0 0.00% £3.51 n/a

 Ridge Mining 84.00p 61.54% 18.30¢ 6.8 0.4 0.00% £77.34 Overweight

 Rio Tinto 2,694.00p 21.41% 802.70¢ 4.9 0.1 3.43% £26,903.08 Neutral

 Rusina Mining NL 4.00p 77.78% -0.66¢ n/a 0 0.00% £9.69 n/a

 Serabi Mining 1.25p 19.05% -0.100¢ n/a 0 0.00% £1.75 n/a

 ShalkiyaZinc N.V GDR $0.40 0.00% n/a n/a n/a n/a $22.60 Strong Sell

 Shanta Gold 3.62p 45.00% -5.02¢ n/a 0 0.00% £3.68 n/a

 Sirius Exploration 2.50p 11.11% -1.00p n/a 0 0.00% £3.29 n/a

 Solomon Gold 5.12p -12.77% -4.43¢ n/a 0 0.00% £3.35 Strong Buy

 Strategic Natural Resources 9.75p -15.22% -1.11p n/a 0 0.00% £6.67 n/a

 Stratex International 2.00p -11.11% -0.39p n/a 0 0.00% £4.68 n/a

 Sunkar Resources 16.00p 116.80% -1.31¢ n/a 0 0.00% £25.58 n/a

 Sunrise Diamonds 0.75p 57.89% -0.45p n/a 0 0.00% £1.40 n/a

 Sylvania Resources 48.50p 19.75% 5.64¢ 17.5 0 0.00% £88.11 Strong Buy

 Tanzanite One 20.00p 25.00% 8.96¢ 3.3 0 34.00% £14.70 n/a

 Target Resources 1.88p -11.76% -5.84p n/a 0 0.00% £2.32 n/a

 Tertiary Minerals 2.75p 4.76% -1.27p n/a 0 0.00% £2.09 Strong Buy

 Thor Mining 1.38p 48.65% -0.76p n/a 0 0.00% £2.36 n/a

 Tiger Resource Finance 2.20p 39.68% 0.39p 5.6 0 0.00% £3.80 n/a

 Titanium Resources 5.25p 40.00% -52.00¢ n/a 0 0.00% £12.32 Neutral

 Toledo Mining Corporation 25.75p 77.59% 3.43p 7.5 0 0.00% £7.61 n/a

 Trans-Siberian Gold 36.50p 58.70% -10.47¢ n/a 0 0.00% £30.99 Strong Buy

 UK Coal 106.25p 32.40% 59.90p 1.8 0 0.00% £167.08 Buy

 UMC Energy 3.62p 0.00% -4.73p n/a 0 0.00% £1.12 n/a

 Uruguay Mineral Exploration 20.00p 5.26% 16.00¢ 1.8 n/a 5.66% £9.73 Strong Sell

 Vane Minerals 5.12p 36.67% -0.91p n/a 0 0.00% £11.57 n/a

 Vedanta Resources 992.00p 48.50% 303.90¢ 4.8 n/a 2.84% £2,759.72 Neutral

 Water Hall Group 3.25p 0.00% 1.62p 2 0 0.00% £1.84 n/a

 Weatherly International 1.65p 29.41% -13.15¢ n/a 0 0.00% £6.69 n/a

 West African Diamonds 3.62p 11.54% -0.58p n/a 0 0.00% £2.48 n/a

 Western Canadian Coal Corporation 46.00p -1.08% -95.00¢ n/a 0 0.00% £78.40 Overweight

 Xstrata 600.00p 30.29% 277.38¢ 3.2 n/a 1.15% £17,598.07 Overweight

 Yamana Gold Inc 562.50p -12.79% 63.00¢ 13.1 0.2 1.78% £3,658.23 Overweight

 Zeehan Zinc 1.35p 28.57% -15.48¢ n/a 0 0.00% £6.12 n/a

 ZincOx 57.50p 64.29% 23.33p 2.5 0 0.00% £44.61 Strong Buy

Kopane rebirth

Very nice move, I hope u have some (I Dont)!

I see:

Kopane Diamond Developments PLC said it was notified that shareholder Obtala Resources PLC holds 59.67 million shares in the company, or 27.17 percent of the issued share capital.

Advantagous fundraising for Obtala (@3.5p !) or Do you think a bid might be coming?

http://www.obtalaresources.co.uk/content/p...hive/300309.asp

OK I know you guys will like this...

http://www.ft.com/cms/s/0/1d23f80c-30aa-11...144feabdc0.html

Published: April 24 2009 09:31

China revealed on Friday that it built up its gold reserves by three quarters since 2003, making it the world’s fifth largest holder of bullion.

The move comes as European central banks continue to sell their gold and the International Monetary Fund has discussed selling some of its bullion reserves

“This is probably the most significant central bank announcement since the Central Bank of Russia announced at the LBMA gold conference in Johannesburg in 2005 that it wanted to hold 10 per cent of its foreign exchange reserves in gold,” said John Reade of UBS.

-----------------

Incidentally at least one person at the FT looks at ://www.financialsense.com as this article on their website demonstates

http://www.ft.com/cms/s/0/6c43927c-2456-11...00779fd2ac.html