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drbubb

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  1. The Drillers - may be the hardest hit - given the high cost breakeven points of their customers OIH: $14.76: 25.8% -$0.44, -2.89% REVs : 4.59% $14.63: $29.87: -50.6% / 1 day later than above, Brent $57.24=== $57.24: %OIH : -------- : -------- : vsOIH : yield :RIG : $ 6.96: 47.2% -$0.18, -2.66% 92.0%: 0.00% $ 6.91: $14.47: -51.9%RDC: $ 8.57: 58.1% -$0.31, -3.49% 121.%: 0.00% $ 8.49: $20.87: -58.9%NBR: $ 2.19: 14.8% -$0.14, -6.01% 208.%: 0.00% $ 2.16: $ 8.87: -75.3%NE -: $ 2.93: 19.9% -$0.03, -1.01% 34.9%: 0.00% $ 2.90: $ 7.41: -60.6%DO -: $ 9.56: 00.0% -$0.18, -1.85% 00.0%: 0.00% $ 9.47: $21.92: -56.4%??? : $00.00: 00.0% -$0,00, -0,00% 00.0%: 0.00% $ 0.00: $00.00: -00.0% RDC / Rowan Drilling ... all-data : 10yr : 5yr : 2yr : 6mo - 10d / RDC: $ 8.88 -0.50, -5.33% YrL: $ 8.53 ==
  2. OIH, Oil Service etf - Are we now in a long Term Low buying window? Update OIH etc ... 10d : Daily from 6.19 : XLE: USO: Updated 4/16: $18.01 / prior charts: #1, 2, 3, 4, 5... Sharp Drop In U.S. Rig Count Marks First Yearly Loss Since 2016 Original Rationale: made record Low price, Oil is at low of year, & tax selling is driving weak oil svc. shares lower OIH / Oil Service ... All-Data : 10yr : 5yr : 2yr : 6mo - 10d / YE'18-update / Last: $14.03 / YrL: $13.13, H: $29.86 ---> vs. components: 6mo Top5 : nxt5 : drlr : oth : bells o uo/ 10d Top5 : nxt5 : drlr : oth : bells o uo : bats : ( ADDED - in Edit 12/26 : Oil Service stocks Up by 6-14% in just one day's trading.) OIH etc ... 10d : Daily from 6.19 : Updated 1/04 $15.19 / prior charts: #1, 2, 3, 4... Ratio: OIH to-USO may have reached a major low near 141% : $14.17 / $9.90 = 143.1% Brent Oil OIH vs OILB (Brent etf) ... all-data : 10-yr : 5yr : 3yr - 10d / Last: $15.20 / $25.15 = R-60.4% In the above chart (since late 2005), it is very RARE to see OIH under 62% of OILB, as now Sym. Last$: %WTI :$-Chg. %Chg. R-WTI: yield: Year-L: Year-H: -Vs.H-: brnt $56.08: 100.% -$2.58, -4.40% 100.%: 0.00% $55.58: $86.74: -35.3% oilb $25.15: 44.8% -$1.12, -4.26% 96.8%: 0.00% $25.15: $37.98: -33.8% WTI: $46.60: 83.1% -$3.60, -7.17% 163.%: 0.00% $46.11: $76.90: -39.4%: USO: $ 9.79: 17.4% -$0.66, -6.32% 144.%: 0.00% $ 9.73: $16.24: -39.7% === OIH: $15.20: 27.1% -$0.31, -2.00% 45.5%: 4.46% $15.11: $29.87: -49.1% SLB: $37.84: 67.5% -$1.21, -3.10% 70.5%: 5.29% $37.67: $80.35: -52.9% HAL: $28.98: 51.7% -$0.11, -0.38% 08.6%: 2.48% $28.17: $57.86: -49.9% HP -: $54.45: 97.1% -$1.92, -3.41% 77.5%: 5.22% $53.66: $75.10: -27.5% bhge: 21.22: 37.8% -$0.40, -1.85% 42.0%: 3.39% $20.81: $37.76: -43.8% TS -: $21.79: 38.9% -$0.04, -0.18% 04.1%: 2.39% $21.66: $40.64: -46.4% === RIG: (see post#2 below) RDC: $ 8.88: 00.0% -$0.50, -5.33% 00.0%: 0.00% $ 8.53: $20.87: -00.0% =========== Weighting-Top 12: (symbol): pct. Schlumberger NV------- (SLB) 19.89% Halliburton Co.----------- (HAL) 17.72% -cuml: 37.61% Top2 Helmerich and Payne--- (HP) 5.97% Baker Hughes A GE--- (BHGE) 5.70% Tenaris SA--------------------- (TS) 5.29% -cuml: 54.57% Top5 TechnipFMC PLC--- (FTI:PAR) 5.15% Patterson-UTI Energy (PTEN) 4.80% National Oilwell Varco (NOV) 4.56% Transocean Ltd. ---------- (RIG) 4.46% Core Laboratories NV.- (CLB) 4.20% -cuml: 77.74% Top10 Apergy Corp.--------------- (APY) 3.22% Ensco PLC ------------------ (ESV) 2.30% -cuml: 83.26% Top12 ------------------------------ sub-total: 83.26% Transocean Ltd.----------- (RIG) 4.46% Rowan Companies PLC (RDC) 1.73% Nabors Industries Ltd.-- (NBR) 1.19% Noble Corporation PLC-- (NE) 1.09% Diamond Offsh.Drilling - (DO) 1.06% > components: pg1 : pg2 : OIL News : https://oilprice.com/Latest-Energy-News/Wo
  3. Little Tokyo in/near Little China is still a great place to get Japanese food Kikufuji Izakaya style dining Specialties: Sushi and anything seafood Order: Seafood salad, Salmon ikura bowl, maguro-don, shake ikura-don, nasu tempura Related reads: Unforgettable Sushi at Kikufuji : Discovering umami in Kikufuji : Bunchum's: A Little Known Hole In The Wall. Weirdly located in the middle of Little Tokyo, Bunchum's serves typical Filipino food and cheap beer. It's not the food you go for, but the awesome ambiance. Quirkily decorated with what seems to really be a personal collection of memorabilia, Bunchum,s is a place in Makati that actually feels truly authentic. And the pork chop's not bad either. https://www.tripadvisor.com.ph/ShowUserReviews-g298450-d8119933-r360095908-Bunchum_s-Makati_Metro_Manila_Luzon.html# > Reviews: https://justwandering.org/2011/destination/philippines/map-of-little-tokyo/
  4. POGO Paradise, or Oriental Prisons? ( This article on POGOs / Chinese gambling biz, shows what is driving M-Bay, and "little China" Makati ) EXCERPT In August, The Beijing News published a report exposing how Chinese workers lured to the Philippines online gambling scene had their passports confiscated so they could not escape from the country; were crammed into tiny bedrooms; not allowed to have meal breaks of longer than 30 minutes; and were banned from going to the toilet for longer than 10 minutes. The workers described the Pasig City building they worked at – home to numerous online gambling companies and guarded by security personnel with guns – as an “Oriental prison”. [The prospective office awaiting future employees at an online gambling business in the Philippines. Photo: Handout] The prospective office awaiting future employees at an online gambling business in the Philippines. Photo: Handout BEHIND THE FACADE Oriental Game – one of the Philippines’ 57 licensed online gambling operators – occupies three floors at the Ecoplaza building in Makati. Four years ago, the company had 200 to 300 staff and occupied just one floor. Now it has about 600 staff, 70 per cent of whom are local. “Our main target is China. That’s why you can see all the brochures we have are all in Chinese,” said Jeffrey Suck, Oriental Game’s digital marketing supervisor, while he smoothed out a pamphlet. “The goal is, in 2020, we want to be No 1 in Asia.” More than 50 per cent of the company’s business currently comes from mainland China, with the rest coming from Thailand, Vietnam, Cambodia, Taiwan, and domestically. According to Monique Cornelio Pronove, chief executive of Manila-based property consultancy firm Pronove Tai, 40 per cent of Makati’s office space is now occupied by online gambling businesses. The figure is 48 per cent in Cebu, 38 per cent in Laguna province and 21 per cent in Cavite province. She described Pogos as the industry’s “unsung heroes”, as they took up a lot of office space last year when there was a slowdown in demand from the information technology and business process management sectors. . . . Chinese nationals had been able to gain employment in the Philippines without having to apply for these AEPs, the officials said, by arriving on tourist visas and then applying for special work permits intended for short-term assignments. About 119,000 of these special permits were issued from 2015 to 2017, mostly to Chinese working in the online gambling industry. . . . In April last year, the Chinese embassy in Manila issued a statement warning Chinese nationals against working in the online gambling businesses. The embassy said these workers could be arrested when they returned to mainland China. > https://m.scmp.com/week-asia/geopolitics/article/2177683/china-holds-cards-online-betting-booms-philippines Here's the thing... If these guys lose their jobs, they are not going to want to go back to China (to be arrested.) Is this a time bomb?
  5. BONDS : who is crazy? Low could already be in place at 111... OR ? TLT : 10-yrs : last: 119.17 , 2.69% / TNX: 2.857% (YrH: 3.248%) / TYX: 3.114% (YrH: 3.455%) TNX: 2.857% (YrH: 3.248%) Tom Fischer (@TomFischer15) says: December 17, 2018 at 12:35 pm Hey Phil Did you hear Gundlach laughingly says he tells his friends that 10Treas could hit 6%, and they all tell him he’s crazy? Reply Tom Fischer (@TomFischer15) says: December 17, 2018 at 12:53 pm https://www.cnbc.com/video/2018/12/17/jeffrey-gundlach-federal-reserve-should-not-raise-interest-rates-december-jay-powell.html fionamargaret says: December 17, 2018 at 1:22 pm …and JNJ which CNBC is discussing…..down to 107… Tom Fischer (@TomFischer15) says: when it rains, it pours. GS, same stuff. Tom Fischer (@TomFischer15) says: Gundlach says 6% in 2021.
  6. OOO / Otis Gold ... update : (added in edit - 1/8/19): BOT some at $0.10 ... Chart: 10d : An "optimistic" Valuation maybe?: Valuation: PI estimates a NAV(8%) for Kilgore of ~US$52M or US$0.32/share, and US$30M or US$0.18/share for exploration credits adjusted for G&A + exploration burn (-US$11M (US$-0.07/share) which justifies a total NAV of ~US$71M or US$0.44/share (C$0.57) adjusted. On a NAV basis, OOO trades at ~0.32x Adj. NAV. To derive our target, we apply a 1x PNAV weighting to justify our C$0.60 target price. ANALYST: Gary Sidhu, BSc., MBA (604) 718-7544 gsidhu@pifinancial.com Read more at http://www.stockhouse.com/companies/bullboard#7k0F09V0Rv1mhybO.99
  7. Wallbridge completes drill program at Beschefer 2018-12-17 08:28 ET - News Release Mr. Attila Pentek reports WALLBRIDGE COMPLETES SUCCESSFUL INITIAL DRILL PROGRAM AT BESCHEFER Wallbridge Mining Company Ltd. has completed a successful initial drill program designed to test the continuity of two high-grade shoots within the B-14 shear zone at its recently optioned Beschefer property. Highlights: Five drill holes totalling approximately 1,600 metres were completed in less than three weeks. All five drill holes intersected the mineralized B-14 shear zone where expected, proving excellent geological continuity of this gold-bearing structure. The mineralized intersection in the deepest drill hole of the program, BE18-052, represents a 40-metre down-plunge stepout from the previous highlight intersection of 55.63 grams per tonne gold over 5.57 metres in BE13-038. A more substantial exploration program and delivery of a maiden resource estimate are planned for 2019. Mineralization typical of gold-bearing portions of the shear zone was intersected in all five holes at the expected depths demonstrating the continuity of the mineralized system within the two high-grade shoots. Previous wide-spaced drilling (75 to 100 m) was filled in by four holes (BE18-048 to -051) resulting in 25 to 45 m spacing. The mineralized shear zone interval intersected in BE18-052, approximately 40 metres down plunge from the last historic high-grade intersection in this eastern shoot, indicates that gold mineralization remains open down plunge. Assay results are pending and will be released when available. "Our initial drill program at Beschefer has successfully achieved all of its objectives and has proven the exceptional potential of this project. The first four drill holes demonstrated the remarkable continuity and predictability of the gold-bearing B-14 structure, whereas our last hole of the program provided a further 40-metre down-plunge stepout indicating the potential to expand the high-grade gold mineralization," stated Attila Pentek, vice-president, exploration, of Wallbridge. "We are very keen to accelerate resource drilling and exploration on this project with an aim to publish a maiden resource estimate in 2019." About the Beschefer project The Beschefer project covers 647 hectares and is located in the Northern Abitibi greenstone belt, 14 kilometres east of the past-producing polymetallic Selbaie mine, 45 km northeast of the Casa Berardi mine and 28 km from Wallbridge's Fenelon gold property. Historically, the area has mainly been explored for volcanogenic massive sulphide deposits similar to the Matagami camp and the Selbaie mine. Gold mineralization was discovered in the B-14 zone in 1995 by Billiton Canada Inc. and the property has seen very limited exploration before the involvement by Excellon in 2011, which completed approximately 17,000 metres of drilling up to 2013. Excellon's programs produced very positive results, extending the B-14 mineralization down to almost 600 metres vertical depth, discovering the upper shear zone and intersecting the highest-grade intersections on the property, including 55.63 grams per tonne Au over 5.57 metres and 13.07 g/t gold over 8.75 metres. Excellon's primary focus is on production and exploration at its Platosa mine and Miguel Auza property in Mexico. There has been no exploration at Beschefer since 2013. Wallbridge entered into an option agreement to acquire 100 per cent of Beschefer as part of its strategy of building a gold production pipeline in the emerging Sunday Lake-Selbaie belt (see Wallbridge press release dated Oct. 17, 2018). RESULTS ! > https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWM-2698194&symbol=WM&region=C
  8. Gran Colombia drills 205.88 m of 1.86 g/t Au at Marmato 2018-12-14 07:37 ET - News Release Mr. Serafino Iacono reports GRAN COLOMBIA GOLD DRILLING CONFIRMS AND EXTENDS THE HIGH-GRADE ZONE OF DEEPS STYLE OF MINERALIZATION TO MORE THAN 300 VERTICAL METRES BELOW THE DEEPEST LEVEL OF THE EXISTING MINING OPERATION AT THE MARMATO PROJECT; PROVIDES NOVEMBER 2018 PRODUCTION UPDATE Gran Colombia Gold Corp. has released additional high-grade intercepts today from a further nine holes drilled in the Deeps zone at its 100-per-cent-owned Marmato project in Caldas, Colombia. The 2018 infill drilling campaign is being undertaken to obtain additional information in conjunction with the technical studies and evaluations focused on the potential expansion of the underground mining operations at Marmato to incorporate the Deeps zone below the existing mining operation. Serafino Iacono, executive co-chairman of Gran Colombia, commented: "We continue to be very encouraged by the high-grade intercepts we are seeing in our 2018 drilling program. Our drilling campaign has increased our confidence in the geological model, outlining a higher-grade zone with excellent continuity over 450 metres along strike and strong vertical continuity for more than 300 metres below the deepest level of our existing mining operation. Coupled with the technical studies we have been carrying out this year, we have established a foundation for additional work to be undertaken next year as we proceed toward the preparation of a preliminary economic assessment (PEA) for the underground expansion at Marmato. Included in next year's exploration budget is a further 15 holes representing 8,000 metres of drilling intended to extend the Deeps zone further along strike, to test the high-grade core of the Deeps zone up to 600 m asl (above sea level) and to upgrade a portion of the Marmato project's mineral resources from inferred to indicated ahead of preparing the life of mine plan for the PEA." The company has had two diamond drill rigs in operation underground at Marmato since June, 2018. Through the end of November, the company has completed 20 drill holes totalling approximately 7,200 metres, representing 85 per cent of the planned 8,500 metres to be drilled in 2018. The 2018 infill drilling program has been completed in the upper part of the Deeps zone, referred to as the Transitional zone, representing a 150 m high block below level 21, currently the deepest level of the operating Mineros Nacionales mine. Infill drilling within a 150-metre-high block below the Transitional zone is still in progress. High gold grades generated from the nine additional drill holes totalling 2,923 metres reported herein include: drill hole MT-IU-009 which intersected 74.78 m at 4.26 grams per tonne gold and 5.5 g/t silver from 323.60 m to 389.38 m; drill hole MT-IU-013 which intersected 24.75 m at 3.46 g/t Au and 5.5 g/t Ag from 192.85 m to 217.60 m; and drill hole MT-IU-015 which intersected 26.40 m at 3.10 g/t Au and 4.7 g/t Ag from 252.50 m to 278.90 m and 34.17 m at 3.46 g/t Au and 5.6 g/t Ag from 325.08 m to 359.25 m. The mineralization in all of these high-grade intercepts is related to narrow veinlets, with a higher veinlet density in the high-grade intervals. Key highlights and intercepts: The long low-grade intercepts of Deeps style of mineralization, with downhole intersections up to 205.88 metres long, have an average grade greater than 1.0 g/t Au, and fit well into the initial Leapfrog geological model at 1.0 g/t Au, which confirms the current model. The continuing drilling program, combined with previous drilling, has extended the geological model at 1.0 g/t Au to over 600 metres along strike, with an average width of 150 metres. A reinterpretation of the geological controls on high-grade gold mineralization within the wide low-grade intercepts of Deeps style of mineralization has led to the following achievements: The higher-grade zone, referred as the Main zone (MZ), outlined by previous drilling within the geological model at 1.0 g/t Au, shows an excellent continuity over 450 metres along strike, with an average downhole width of 32 metres. All the intercepts in the MZ have grades greater than 2.0 g/t Au over downhole widths of 10 to 310 metres. This zone branches to the west and is still open to the east > More: https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aGCM-2697675&symbol=GCM&region=C These are quite good results, & am surprised the stock did not get a lift from them
  9. 18,193 oz in Nov. 2018; 19,002 in Dec. === : PRODUCTION Mo.: Prod'17: Prod'18: Q1- : 39,008 : 52,672 /3= 17,557 ave. Q2- : 46,075 : 52,906 : + 14.8% H1 : 85,084 : 105,578 : + 24.1% July: 00,000 : 19,296 : Aug.: 00,000 : 18,747 : Sep : 00,000 : 19,120 : Q3- : 37.1 K : 57,163 > +54% 9mos: 122. K : 162.7k > +33% ==== Oct.: 17.33K : 18,065 : Nov: 17.33K : 18,193 : Dec. 17.33K : 19,002 (aver.18.4k oz in Q4) ================== Q4- : 52. K : 55,260 > +54% 12mo: 174. K : 218.001 > +25% vs 2017 Total Ave.M: 14.5K : 18.2K - average per month "218,001 OUNCES, UP 25% OVER 2017" Guidance for 2019: 210-225k : Mid-217.5K Cash; US$33M at YE'18, Debt @ $83.38M, end Jan.19 $1.0552 /$1.00 @ $1294.3 /$1250 8.25% x 1.0552= 8.705%
  10. Bottoming out at last... maybe WM ... update It needs some Buying volume to move it higher
  11. pg9 / Yr.End 12/31: C$2.82 - at $1281 Gold price (0.22%), C$Gold was C$1715 (0.164%) Update: 1/16/19: C$3.46 +22.7% in 2019 / 1-yr. Vs 200d : 377d.ma : 610d : 987d. : 700-945d : Mkt.Depth : Date------- : GCM.t: CAD$: $Price: ShOS MktVal : 8%-Debs: Date: Cash: EntVal. / $Gold : OZ's/ Prd. years.: 221wtx12.2M 08/10/18: $2.44 x.761= $1.857 48.2M $89.5M: $98.0M: Est.: $28.0: $159.5M /$1219: 131k/200: 0.660: $0.23=$2.81M 10/02/18: $2.40 x.780= $1.872 48.2M $90.2M: $93.1M: Est.: $28.0: $155.3M /$1204: 129k/212: 0.609: $0.19=$2.31M 12/31/18: $2.82 x.733= $2.067 48.2M $99.6M: $83.4M: 12/31 $29? $154.0M /$1281: 120k/217: 0.554: $0.61=$7.44M 01/03/19: $3.18 x.741= $2.356 48.2M $113.M: $83.4M: 12/31 $29? $167.0M /$1295: 129k/217: 0.594: $0.97=$11.8M 01/04/19: $3.15 x.747= $2.353 48.2M $113.M: $83.4M: 12/31 $29? $167.0M /$1284: 130k/217: 0.599: $0.94=$11.5M ========= Gold linked Notes, Total Value Estimate: with Wt.B / vs.GCM / TPRFF : GCM.NT.U UNITS: Date : Gold: GCM : Ratio: G/1250 x57%+104%= Debs : Wt2.21: CAD : $USD : 124wt: Comb.: USD$: x512.8: 05/31: 1305: $3.03 : 431. : 104.4 : 59.5 +44.7= 104.2 : $1.40*x0.772 = $1.08 : 13.4% : 117.6 : $2.34: 1200 : 06/29: 1255: $2.88 : 436. : 100.4 : 57.2 +44.7= 101.9 : $1.30*x0.761 = $0.99 : 12.3% : 114.2 : $2.19: 1123 : 10/02: 1204: $2.40 : 502. : 100.0 : 57.0 +44.7= 101.7 : $1.14 x0.780 = $0.89 : 11.0% : 112.7 : $1.88: $964 : 12/31: 1281: $2.82 : 454. : 102.5 : 58.4 +44.7= 103.1 : $1.40 x0.733 = $1.02 : 12.6% : 115.7 : $2.06: 1056 : : 01/03: 1295: $3.18 : 407. : 103.6 : 59.1 +44.7= 103.7 : $1.55 x0.741 = $1.15 : 14.2% : 117.9 : $2.35: 1205 : =====: ==================================== : *est. Wt. value, x124 wts/deb Last Col.: $1000/ 1.95= 512.8shs xC%2.52= C$1,292 x0.770= $995, Value of 1% Debs if Converted GCM etc: GDXJ & MNT.t ... update st 377d: w/MUX st: GCM.t only : 12/10/2018: c$2.81 : c$17.58 : $27.76 : Date-----: GCM.t : MNT.t : 12.9%L// GDXJ x10.0%H cad= GJcad: x7.7% 12/30/16: $1.40 : $16.48 : $2.13 //: $31.55 : $3.16 x1.350= 42.59: 3.28 12/29/17: $1.96 : $17.39 : $2.24 //: $34.13 : $3.41 x1.257= 42.90: 3.30 05/28/18: $3.29 : $17.71 : $2.28 //: $32.89* $3.29 x1.299= 42.72: 3.29 - High 06/30/18: $2.88 : $17.44 : $2.25 //: $32.70 : $3.27 x1.314= 42.97: 3.31 08/17/18: $2.13 : $16.35 : $2.11 //: $27.49 : $2.75 x1.306= 35.90: 2.76 - Low 10/04/18: $2.60 : $16.37 : $2.11 //: $27.83 : $2.78 x1.292= 35.59: 2.74 11/01/18: $2.51 : $16.91 : $1.92 //: $28.14 : $2.81 x1.310= 36.86: 2.84 11/14/18: $2.53 : $16.90 : $2.18 //: $26.64 : $2.66 x1.324= 35.27: 2.72 12/10/18: $2.81 : $17.58 : $2.27 //: $27.76 : $2.78 x1.340= 37.20: 2.86 12/31/18: $2.82 : $18.41 : $2.37 //: $30.22 : $3.02 x1.364= 41.22: 3.17
  12. Wallbridge drills 10.1 m of 11.22 g/t Au at Fenelon Wallbridge Mining Co. Ltd. has provided continued positive results from its underground as well as surface drill programs and has provided an update on the continuing development as part of the 35,000-tonne bulk sample and underground exploration program at its 100-per-cent-owned Fenelon gold property. Highlights On target to achieve bulk sample production guidance of 35,000 tonnes grading 18 to 25 grams per tonne of gold for production of 19,000 to 26,000 ounces of gold; Mill recoveries have reached forecast levels; 13,500 tonnes of ore processed at the Camflo mill in September and November mill runs; 10,000 metres drilled underground in 2018, with visible gold observed in over 50 per cent of drill holes and approximately 5,000 metres of surface drilling; Underground and surface drilling to date has been successful at extending known gold zones and discovering new parallel zones; Encouraged by exploration results and currently evaluating a substantial exploration program for 2019. "We are very encouraged by the results from the Fenelon bulk sample to date and confidently maintain our ... . . . Currently, underground drilling is targeting the main high-grade shoots down plunge to 200 m depth. Since the last press release (see Wallbridge press release dated Nov. 20, 2018), highlights of received assay results are as follows: 18-1000-007: 11.22 g/t gold over 10.10 metres, including 42.91 g/t gold over 2.35 metres in the Habanero zone; 18-1110-004: 13.62 g/t gold over 4.27 metres in the Naga Viper zone; 18-1130-004: 6.23 g/t gold over 4.88 metres, including 39.35 g/t gold over 0.60 metre in the Naga Viper zone. "In addition to confirming our geological model and delineating the bulk sample stopes, the underground drill program has been very successful in discovering additional ounces proximal to the mine workings that we will be able to put into production with very minimal additional development," stated Attila Pentek, vice-president, exploration, of Wallbridge.
  13. Lot 433: MARK TANSEY | Study for Push/Pull Estimate: $1,500,000 - $2,000,000 Description: oil on canvas Provenance: Gagosian Gallery, New York Acquired from the above by the present owner in 2003 > https://www.invaluable.com/auction-lot/mark-tansey-study-for-push-pull-433-c-c1a4b74afa# > Explanation: https://www.sothebys.com/en/videos/the-suv-and-the-sphinx-mark-tanseys-study-for-push-pull?... Each of Mark Tansey’s paintings is a visual adventure that explores the nature of perception, meaning, and subjectivity. Working with the traditions of figurative and landscape painting, Tansey incorporates his expansive knowledge of history in layers of literary, philosophical, and mathematical references. Distortions of perspective and scale combine with his technical mastery to complicate what it means to view and understand an image. > https://gagosian.com/artists/mark-tansey/
  14. MUX at or near a Buy point maybe? MUX -to-GDXJ Ratio : 6.14%... MUX ($1.74 -0.01) / GDXJ ($28.33 -0.04) ==
  15. GCM warrants-B GCM.wt.b vs GCM ... 2-yrs : DATE=C$: GCM.t Wt.B-: Ratio: ITM-$: TimeV: 50%i: AdjTmV as%G : 09/00/18: $2.16: 0.710 : 32.9%: 0.000: 0.710 : 0.000 : 0.710 : 32.9% : 09/28/18: $2.25: 0.970 : 43.1%: 0.040: 0.930 : 0.020 : 0.950 : 42.2% : 10/31/18: $2.32: 0.910 : 39.2%: 0.110: 0.820 : 0.055 : 0.875 : 37.7% : 11/30/18: $2.53: 1.280 : 50.6%: 0.320: 0.960 : 0.160 : 1.120 : 44.3% : 12/12/18: $2.90: 1.400 : 48.3%: 0.590: 0.810 : 0.295 : 1.105 : 38.1% : =============== Average: $2.43: 1.054 : 43.4%: 0.220: 0.834 : 0.110 : 0.944: 38.8% : At-38.8%: $3.00: 1.538 : 51.3%: 0.790: 0.748 : 0.374 : 1.164 : 38.8% : At-38.8%: $3.10: 1.516 : 48.9%: 0.890: 0.626 : 0.313 : 1.203 : 38.8% : At-38.8%: $3.20: 1.498 : 46.8%: 0.990: 0.508 : 0.254 : 1.244 : 38.8% : At-38.8%: $3.30: 1.430 : 43.3%: 1.090: 0.340 : 0.170 : 1.280 : 38.8% : -- 50% -: Use Ave.: $3.00: 1.500 : 50.0%: 0.790: 0.710 : 0.395 : 1.105 : 36.8% : Use Ave.: $3.10: 1.550 : 50.0%: 0.890: 0.660 : 0.330 : 1.220 : 39.4% : Use Ave.: $3.20: 1.600 : 50.0%: 0.990: 0.610 : 0.305 : 1.295 : 40.5% : Use Ave.: $3.30: 1.650 : 50.0%: 1.090: 0.560 : 0.280 : 1.370 : 41.5% :
  16. GCM : ACCUMULATION Underway? That is one poster's idea Slow accumulation The past two to three weeks a slow but determined accumlation has been occurring, this has caused a move to the upside. The reason for the accumulation will be known soon, most likely through a buyout by a major. We all know the company is worth $300mm plus at the least, so don't be surprised one morning when the halt occurrs. It will happen. Looking for $6 is not out of the question. Big money has not yet arrived, but it is coming soon. Low float will cause a gigantic move of a $1 or more when investors get wind of this. Read more at http://www.stockhouse.com/companies/bullboard#xGClRuGrrpkBCaiE.99
  17. Production and Costs (US$) Q3 YTD Full Year 2018 Guidance 2017 2018 2017 2018 Consolidated Production Gold (oz.) 19,051 33,806 61,338 105,834 128,000 Silver (oz.) 749,749 745,172 2,252,003 2,213,254 3,225,000 GEOs(1) 29,047 43,742 91,364 135,344 171,000 McEwen Mining misses by $0.01 SA News•Wed, Oct. 31•1 Comment McEwen Mining's (MUX) CEO Rob McEwen on Q3 2018 Results - Earnings Call Transcript SA Transcripts•Wed, Oct. 31•17 Comments McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported third quarter results for the period ended Sept. 30, 2018 (“Q3”). During Q3, gold equivalent ounces (GEOs) produced increased by 51% and all-in sustaining costs per GEO sold decreased by 3% compared to Q3 2017. Net cash flow from the business excluding project development costs was $2.2 million or$0.01 per share. Total expenditure of $35.5 million was incurred to further our long-term production growth plans at the Gold Bar, Black Fox, Fenix and Los Azules projects. Our consolidated net loss for Q3 was $13.3 million or $0.04 per share. During the first nine months of 2018, GEOs produced increased by 48% and all-in sustaining costs per GEO sold was unchanged compared to the same period in 2017. Net cash flow from the business excluding project development costs was $20.8 million or $0.06 per share. Total expenditure of $84.5 million was incurred to further our long-term production growth plans at the Gold Bar, Black Fox, Fenix and Los Azules projects. Our consolidated net loss for the first nine months of 2018 was$23.9 million or $0.07 per share. McEwen Mining announces $15M strategic financing McEwen Mining (MUX -0.3%) announces bought deal private placement offering of 6,634,000 flow-through shares, representing ~2% of its outstanding shares. The funding consists of $15M (~C$20M) at $2.26 per share (~C$3.02) that will be used for generative exploration activities for properties in the Timmins region. The offer price represents a premium of 26% over the closing price of McEwen on the TSX as of December 5, 2018. The offering is expected to close by December 21, 2018.
  18. Does the 2018 COVER Man Of The Year ... & the curse ... mean that Fake News will fade away soon? "Guardians of the truth?" (actually, they obscure the Truth) Some of TIME’s ‘Person(s) of the Year’ choices are perplexing By: malterwitty TIME magazine has chosen a group of journalists it refers to as ‘The Guardians’ as its 2018 most influential ‘Person of the Year’ – but some of the journalists the magazine included for honors have raised a few eyebrows. The decision to pick journalists for the annual title was perhaps not so surprising in the era of Donald Trump, who is constantly at odds with the media at large, labeling any report he isn’t fond of as “fake news” – but there is a niggling sense that TIME’s decision to put the spotlight on the media as the Guardians of truth is not entirely sincere.
  19. MUX : Watching this with interest now it’s back at the lows. Whats knocking this Dr B, why the smack down? - Jerpy ===== MUX : 10yr : 4yr : 3yr : 12mo : Last $1.72 @ 12/11/18 / (since 7/2016): MUX-vs-GDXJ : MUX-vs-SPX : s I believe they are doing a fund-raising after a weak quarter... and there is likely to be some year-end tax selling now. I have some shares already. Far less than the GCM shares that I hold. Ratio to GCM ... is at Low for the year - but is still bit of a "falling knife" and looks headed to 75-76%, possibly lower if GCM breaks out Here's the MUX-to-GDXJ ratio: At about 8% could be a "cheap way into a GDXJ-type exposure" - if GDXJ flies, MUX could fly more If I add more, it will be through MUX Calls possibly. But I shall study it more first, because the relative weakness is not comforting And the stock has been called "overvalued" by some. We are probably seeing some "tax selling" now
  20. Learn more about sale/proposed development of former Provident Insurance building this Tuesday December 10, 2018 West Philadelphia residents are invited to discuss the proposed development of the former Provident Mutual Life Insurance campus at 46th and Market this Tuesday, Dec. 10, at West Philadelphia High School (49th and Chestnut). The meeting has been organized by Councilwoman Jannie Blackwell, who has expressed her concern over the way the City, which owns the 15-acre property at 4601 Market, is handling the campus’s sale and proposed development. Iron Stone was named as a future developer of the building a few months ago after aselection process that took approximately a year. The Philadelphia-based real estate company is planning to transform the building and the surrounding land into a public health campus. Continue Reading
  21. University City population aging slightly, media home sale price tops 400K December 6, 2018 Rent prices in the University City District leveled off, the number of home sales dropped by a third last year and the population got a little older, according to the annual “State of University City” report released yesterday. The report covers everything from real estate development to population demographics to tree coverage in the area managed by the University City District (UCD). UCD roughly defines “University City” as the area bounded by the Schuylkill River to the east, 50th Street to the west, Market Street/Powelton Avenue/Spring Garden Street to the north and Woodland Avenue/University Avenue to the south. Here’s what the report, which covers trends through 2017, shows in key areas: Continue Reading
  22. Mixed-Use Building at 51st & Baltimore Will Take Advantage of Affordable Housing Bonus Nov, 02, 2018 | 3 Comments | West Philly View of the lot The triangular parcel at 5050 Baltimore Ave. has been vacant for as long as we can remember, having fallen into a state of decline along with many other properties along this section of the Baltimore Avenue corridor. But as we've shown you over the last several years, there have been several positive developments on this block, including the renovation of a retail space into the bar-restaurant Booker’s, another rehab that created event space Petit Fete, and the construction of a [...]
  23. DEVELOPER Comments - from SSC MW: Looks great on the outside. Inside substandard workmanship and materials. SMDC: Looks average on the outside. Inside substandard workmanship and materials. DMCI: Looks average in the outside. Workmanship and materials are decent. Plus, lowest association dues. __________________ > SSC (584C) : https://www.skyscrapercity.com/showthread.php?s=3d002298fa9699e02d2c3978651d29c6&t=2137914 / 2 / More on SMDC: Originally Posted by Mabalotski DO NOT make a big mistake of buying an SMDC project. 1. Their materials are SUB-STANDARD. I have 2 SMDC properties bought in MOA complex, in less than a year I have been requesting for warranty repairs on the paint, door hinges, walls, wall cabinets, etc. Their warranty is just ONE YEAR - think about it. 2. Their PMO - Greenmist is notoriously INCOMPETENT, you just have to suck it up even you go directly to their managers. Their incompetent manager will wing your complaints and no actions will be done, have to accept it. Unless you are ready for this kind of stress, then by all means go ahead. 3. You cannot work repairs & have huge deliveries during weekends, no deliveries past 6PM - your only free time from work. this is how idiotic their PMO - GREENMIST thinks. Your mcdo/jollibee deliveries? You will have to fetch them from the lobby. 4. Water leakage is your worst nightmare in a condo property. I have seen a lot of video complaints from the groups of SMDC projects. There are a lot of them. 5. Their Fire Alarms will wake you everyday 7x a week during the middle of the night. I'm not exaggerating. There's nothing you can do coz these are under their PMO. But it is obviously faulty materials. 6. Chinese tenants are flooding SMDC projects, Well... I'll let you imagine what kind of things they will and can do to the whole area. > ssc: source
  24. Cocked, Locked, and Ready to Roll? GCM (in edit: 12/13): C$2.84 -0.06 Broke the "MUX Barrier" finally yesterday > chart : GDXJ-in-CAD barrier is at C$2.86 ... update Date------- : GCM.t: CAD$: $Price: ShOS MktVal : 8%-Debs: Date: Cash: EntVal. / $Gold : OZ's/ Prd. years.: 221wtx12,2M 11/12/18: $2.34 x.756= $1.769 48.2M $85.3M: $88.3M: 11/13 $29: $144.6M/$1201: 120k/217: 0.553: $0.13=$1.59M 12/10/18: $2.81 x.746= $2.097 48.2M $101M: $88.3M: 11/13 $29: $160.3M/$1243: 129k/217: 0.594: $0.60=$7.32M ========= Date-----: GCM.t : MNT.t : 12.9%L// GDXJ x10.0%H cad= GJcad: x7.7% 11/14/18: $2.53 : $16.90 : $2.18 //: $26.64 : $2.66 x1.324= 35.27: 2.72 12/10/18: $2.81 : $17.58 : $2.27 //: $27.76 : $2.78 x1.340= 37.20: 2.86 ======== May soon add this chart to the top of the page GCM-MUX-etc ... update :
  25. The Rising price of Gold in CAD is helping GCM's C$ stock price Mint's usual Turn-of-year Surge is targeting $18.00-18.60, maybe higher MNT.t is like a Gold-in-CAD etf MNT.t / Royal Canadian Mint ... update : Gold in CAD CAD ==
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