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drbubb

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  1. " Picked up some GCM on the open. Hope I didn't just jinx it. " - H. haha.Me too. Bought some this week, and do not want to see a Jinx brought on. There has been a GCM seller out there. Was originally 200K for sale at $2.30, and it was being eaten away. Maybe he/she got nervous, and pushed the price lower during the day. I will study the depth later. GCM has consistently outperformed its guidance, so if the good news flow continues the stock will eventually right itself. But I did not like to see the relative weakness in GCM yesterday when GDXJ looks so healthy in recent days GDX- : $18.93 +0.18 : +0.96% JNUG : $ 8.46 +0.33 : +4.06% - I own some from $7.12 SLV - : $13.45 +0.05 : +0.37% - I own Jan.$12 Calls GDXJ : $28.56 +0.41: +1.46% GLD - : 114.27 +0.39 : +0.34% GD./G : Ratio: 2.36%: +1.21% GCM.t : $2.20 - 0.10 : - 4.35% / 10d : 2mo : 6mo : Ratio: GDXJ -toGold looks like a bottom is in place
  2. The Deposit is Growing Wallbridge intersects 122.35 g/t gold over 2.95 metres and 41.02 g/t gold over 5.52 metres in Newly Discovered Habanero zone Canada NewsWire 1 day ago TORONTO, Sept. 19, 2018 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce continued positive results from its underground drill program and to provide an update on the ongoing development as part of the 35,000-tonne bulk sample and underground exploration program at its 100%-owned Fenelon Gold Property ("Fenelon"). Highlights Visible gold was observed to be present in 41 of 63 holes drilled to date. Since the last press release (see Wallbridge Press Release dated September 05, 2018), highlights of received assay results are as follows: 18-0990-006: 36.71 g/t gold over 3.50 metres in the Naga Viper zone 18-0990-007: 122.35 g/t gold over 2.95 metres in the Habanero zone, 204.00 g/t gold over 0.60 metres in the Chipotle zone and 35.21 g/t gold over 4.05 metres in the Naga Viper zone 18-0990-010: 41.02 g/t gold over 5.52 metres in the Habanero zone and 12.42 g/t gold over 4.55 metres in the Paprika zone 18-1075-001: 18.54 g/t gold over 2.27 metres in the Naga Viper zone Assay results from 31 drill holes are pending. Production from the second stope (NV-01) is currently underway and development on the second level (5180 Level) is nearing the CH-02 stope. Over 8,000 tonnes of ore have been shipped to the Camflo mill and processing of the first batch is nearly completed. "The results released today confirm the exceptional quality of the mineralization discovered in 2017 in the West Extension area. We are especially pleased with the fact that the sort of grades and thicknesses that have been shown in the Chipotle and Naga Viper zones are now also being intersected in the Habanero zone, which is a new structure discovered during last year's surface drill program," stated Attila Péntek, Vice-President, Exploration of Wallbridge. "This West Extension area remains to be one of the main focuses of our continued resource expansion drilling both from underground and surface." Drilling to date from the 5213 Level has mainly targeted the high-grade shoots down to 5130 Level (~120 m depth), which is the lowermost level that is planned to be developed during the 2018 bulk sample program. In the next few weeks drilling will continue to focus on adding high grade resources in the West and East Extension areas. A new underground drill station has been developed on the 5180 Level, which will be used to target the main high-grade shoots down-plunge to 200 m depth. . . . Since acquiring the property in late 2016, Wallbridge has completed an updated resource estimate and a positive pre-feasibility study on the existing resource (see Wallbridge Press Release dated February 02, 2017). In addition, Wallbridge has completed surface exploration drilling campaigns and is currently drilling from underground as part of its 35,000-tonne bulk sample at Fenelon. Drilling to date has significantly extended existing zones and discovered several new parallel zones. Read more at http://www.stockhouse.com/news/press-releases/2018/09/19/wallbridge-intersects-122-35-g-t-gold-over-2-95-metres-and-41-02-g-t-gold-over#7yIsu5u2P8GCafhU.99
  3. TEXT Comment After the Singapore Dollar, the Philippine Peso could be next to witness gains against the US Dollar. This is because we have an evening star bearish reversal formation at the most recent peak in USD/PHP. In addition, negative RSI divergence warns upside momentum is ebbing. However, do note that the rising trend line from August still holds. A descent through it exposes horizontal support at 53.74. Meanwhile a resumption of the dominant uptrend has USD/PHP eying 54.49 next. USD/PHP Daily Chart : monthly : weekly :
  4. Bitches Brew? Seems like we need a big pot to fill with Oil and burn some Lying Leftwing witches Kavanaugh Accuser's Classmate Makes New Claim, Then Backtracks, Deletes Everything So many liars. ——————— Cristina King Miranda, who claims to have gone to school with Kavanaugh's accuser, claimed that people in the school talked about the incident after it allegedly happened. She then deleted her posts, said she didn't have evidence, & then deleted her Facebook & Twitter accounts. [link to twitter.com (secure)] A woman who claims to have been classmates in high school with Brett Kavanaugh's accuser wrote in a Facebook post on Tuesday that the "incident did happen" and it was talked about at the school for several days after it allegedly happened. The story quickly went viral after NBC News published a report on the claim from Cristina King Miranda — who lives in Mexico — titled: "Accuser's schoolmate says she recalls hearing of alleged Kavanaugh incident." In a now-deleted Facebook post, King had originally claimed: > https://www.godlikeproductions.com/forum1/message3906471/pg1
  5. Card Flip#1: Release The Sessions, FISA application & Text messages Card Flip#2: Swamp to be Torched, and Storched? Anonymous ‘Q’: Attorney General Jeff Sessions About to Be Unchained / Unrecused Attorney General Jeff Sessions About to Be Unchained / Unrecused 2204 Q!!mG7VJxZNCI 18 Sep 2018 - 8:54:01 AM PANIC IN DC SESSIONS CLAS LETTER TO SC JUSTICES 1&2 RE: RECUSAL, UNRECUSAL, AND CLARITY RE: CONFLICTS BASED ON UNCLASSIFIED MATERIAL [TODAY]. HIGHEST COURT AUTHORITY APPROVAL
  6. RISE & AIR EXTERIOR FINISHING - glimpse of the Future Another asking P5 Million? How long before these Offers get taken out? North wing / 1 bedroom unit / high floor 5M negotiable ... Or are only available for Local Buyers
  7. ALI's Flat Amorsolo - Images For more information about The Flats Amorsolo, visit theflats.com.ph “Ayala Land has always been responsive to the needs of young urban professionals who aspire for a perfectly balanced life. Co-living is an urban lifestyle concept that offers an affordable alternative to lengthy commutes and paying expensive transportation fares. We’re glad to announce that The Flats Amorsolo is now open. ” shares Shiella Aguilar, Makati Project Development Head for Ayala Land. > https://brandmagazineph.com/the-flats-amorsolo-by-ayala-land-a-co-living-development-in-the-heart-of-makati-city/
  8. Co-Living too ! Ayala hops on co-living space trend Sept 18, 2018 | 12:01 am A new residential development made for young urban professionals is soon to rise along Amorsolo Street in Makati City. P 6,250 introductory rate - for six months only (should Rent-up Fast!) Premier real estate developer Ayala Land is redefining the co-living trend in Metro Manila with the opening of The Flats. The 15-story development features co-living spaces for lease, designed to revolutionize the way yuppies rent in the city. It’s hip, trendy and, above all things, it is close to both work and recreation. “Ayala Land has always been responsive to the needs of young urban professionals who aspire for a perfectly balanced life. Co-living is an urban lifestyle concept that offers an affordable alternative to lengthy commutes and paying expensive transportation fares,” shares Shiella Aguilar, Makati project development head for Ayala Land. The Flats Amorsolo eliminates the need to rush from home to office. It’s located within a five-minute walk to Ayala Avenue and near Dela Rosa Walkway, thereby offering a practical solution for on-the-go professionals who are challenged daily by long commutes and traffic jams. The co-living units are available for a one-year minimum lease term. Up to a maximum of four occupants can share a co-living space. Units for three and two occupants per room are also offered. These co-living units are perfect for long-time friends, officemates, and professionals who want to meet new flatmates to grow their network. > September 18, 2018 : http://www.bworldonline.com/ayala-hops-on-co-living-space-trend/ / 2 / In a statement, ALI said the 15-storey building, located along Amorsolo Street, features co-living spaces catering to young urban professionals who are tired of their long commute to their offices in Makati. “Ayala Land has always been responsive to the needs of young urban professionals who aspire for a perfectly balanced life. Co-living is an urban lifestyle concept that offers an affordable alternative to lengthy commutes and paying expensive transportation fares. We’re glad to announce that The Flats Amorsolo is now open,” Shiella Aguilar, ALI Makati project development head, was quoted as saying. The Flats Amorsolo boasts of a central location in the business district, as it is within a five-minute walk to Ayala Avenue and near the Dela Rosa Walkway. Co-living units are available for a six-month minimum lease term. Each unit can host a maximum of four occupants. There are also units designed for three or two occupants. ALI said the units are designed for optimal space usage, with built-in beds, built-in cabinets, individual desk spaces, air-conditioning, a kitchenette, and an en suite toilet and bath with shower. Occupants are given an electronic key card. The building also has a lobby and reception area with basic service shops. Parking spaces are also available for lease. > July 18, 2018 : http://manilastandard.net/lifestyle/wellbeing/270795/co-living-spaces-for-young-professionals-in-makati.html
  9. Concepts from Hong Kong Atlas Guest House & Backpackers > https://www.airbnb.com/rooms/10819774 > AirBNB: https://www.airbnb.com/rooms/8768929 / 2 / As nano flats boom in Hong Kong, new businesses offer big ideas for small spaces | South China Morning Post Creative service providers include storage locker proprietors and those who run 24-hour laundromats, transforming domestic challenges into solutions
  10. Bullboard post : Wallbridge Mining Co Ltd. > I like it. I like it. Finally the exposure we've been looking for. Did Sprott get a good deal? Certainly. But I'm okay with that. We're officially on the map. I'll just leave this here. https://business.financialpost.com/commodities/mining/what-happens-when-kingmaker-eric-sprott-backs-your-penny-mining-stock Read more at http://www.stockhouse.com/companies/bullboard#5sxybfVCOpiEBa7T.99 === What happens when 'kingmaker' Eric Sprott backs your penny mining stock Meet Garibaldi Resources, the TSX Venture’s best performer with a 1,751% gain last year — all because of the interest of this Canadian billionaire One Friday afternoon not so many months ago, Canadian billionaire Eric Sprott was sitting in a leather wingback chair in a dimly lit room, talking about a junior mining company that he just can’t stop investing in. The company, Garibaldi Resources Corp., is in the earliest stages of exploring for nickel in British Columbia’s Golden Triangle, an area that has been relentlessly explored and mined for a century without much nickel ever being found. Nevertheless, Sprott was enamoured: He compared the area to Voisey’s Bay, also a nickel deposit, and likely the largest metal discovery in Canada in the past 40 years. That find has turned out to be worth billions of dollars. “It just keeps coming together,” Sprott said about Garibaldi, turning to an interviewer on his left during a video that will be posted on YouTube. That Garibaldi has never had any revenue passes without comment. It was also an ideal time to pitch several junior mining companies he’s backing. By the end of October, Garibaldi’s stock had more than doubled in value to $4 per share, but that doesn’t fully convey its meteoric journey during 2017. In February, the TSX Venture Exchange ranked Garibaldi as its No. 1 performing stock in 2017: The stock experienced a 1,751 per cent price increase to $2.46, a 2,351 per cent increase in market capitalization to $238 million and a trading volume above 150 million. Sprott has invested heavily in at least two other mining companies on the list, Metallis Resources Inc. and Novo Resources Corp., whose stocks increased 750 and 361 per cent, respectively, last year. For a billionaire such as Sprott, there are plenty of opportunities on the TSX Venture — where the average financing is $3.9 million — to change a company’s profile with a multimillion-dollar investment. . . . Garibaldi’s chief executive Steve Regoci, who has spent the past year at the helm of a company that hitched its caboose to the TSX money-raising machine just as the commodity cycle started to heat up the price of metals, offers a war weary account. “I wish it was all fun,” Regoci said. “It’s not been all fun.” In the past 12 months, Garibaldi shares have traded as low as 12 cents and as high as $5.27, before settling down to less than $3 in recent months. Brady Fletcher, managing director of the TSX Venture Exchange, which is based in Toronto, said such volatility is a good thing, because it creates the urgency that drives investors to make buying and selling decisions. That, in turn, enables mining companies to raise money. Indeed, in 2017, the TSX accounted for 30 per cent — or about $8.5 billion — of the mining equity capital raised around the world. “Part of what comes with a guy like Eric Sprott is when Eric Sprott says he’s done his due diligence and is investing in a company, it’s a way for retail Canada … to follow that thought leader,” Fletcher said. Sprott also sees a special role for himself and similar investors in junior mining companies. “I care very much about small enterprise capital,” he told investors on Jekyll Island as the other reason he agreed to keynote. “It’s very difficult for smaller companies to raise capital. You need people to champion your stock.” . . . By October, it was trading at $2 per share, and the company announced it closed a $2.5-million private placement with Sprott for about 2.87 million shares — with roughly half priced at 82 cents per share and half at 92 cents per share — plus warrants to purchase more. He now owned more than 10 per cent of the company, according to a press release. That same month, the stock started jumping in bigger increments. On October 12, about one week after Sprott’s investment closed, the stock rose 28 per cent to $2.69 from $2.09. The next day, it spiked 34 per cent to $3.57. On October 25, it peaked at $5.27, giving it a market capitalization, albeit briefly, of $450.9 million. > MORE: https://business.financialpost.com/commodities/mining/what-happens-when-kingmaker-eric-sprott-backs-your-penny-mining-stock
  11. COMING SUPPLY SHOCK... esp. at Manila Bay, looks less scary than 1 year ago THIS needs updating - but looks scary for Manila Bay / MOA area Note the big decline from the 212% ! increase... to just +78%. Is the scary jump in Supply behind us?? (from the Q2 Report): For the first six months of the year, only about 1,700 units were completed. From about 10,100 units initially scheduled to be completed for 2018, Colliers now sees around 9,000 new units being delivered for 2018. The downward revision is primarily due to construction delays in a number of projects in Fort Bonifacio and Ortigas Center. We see the delivery of about 1,100 units originally intended to be completed in 3Q and 4Q2018 being pushed back to the first half of 2019. We believe that this downward adjustment in supply is positive for the Manila residential sector in general... . . . Fort Bonifacio will likely account for 40% of the new supply during the three -year period , while the Bay Area will probably account for 35 % o f the new supply. From 16,600 condominium units in 2017, the Manila Bay Area should offer about 29,500 units by 2021, a 78 % increase. The pa ce of condominium development complements the speed of office constructio > http://www.colliers.com/-/media/files/marketing reports/colliers_manila_residential_q2_2018_final.pdf?la=en-gb SUPPLY FORECAST (Update compared with end-2016) Q2-2018 Data ======= ========= : End'16 : End'17 : -2018 : -2019 : -2020 : '18-20 : End'20 : % chg. Ft.Bonifacio 24,200 : 27,400 : 3,100 : 5,800 : 2,700 : 11,600 : 39,000 : +42.3% Makati CBD: 22,000 : 24,900 : 0,710 : 2,100 : 0,700 : 03,510 : 28,410 : +14.1% Rise/Air Res: 00,000 : 0,000 : 0,000 : 0,000 : 6,400 : 06,400 : 06,400 : Ortigas Ctr. : 16,200 : 17,500 : 1,300 : 0,200 : 0,600 : 02,100 : 19,600 : +12.0% Manila Bay : 08,800 : 16,600 : 4,000 : 6,200 : 2,700 : 12,900 : 29,500 : + 77.7% Rockwell Ctr: 04,100 : 4,200 : 0,350 : 0,500 : 0,300 : 01,150 : 05,350 : +27.4% Other Areas : 00,000 : >> TOTAL-- : 91,100: 107,100 : 9,120: 15,900 : 7,200 : 32,220: 139,320 : +30.1% / 2 / OLD DATA ======= ========= : End'16 : -2017 : -2018 : -2019 : -2020 : '17-20 : End'20 : % chg. Ft.Bonifacio 24,200 : 4,100 : 8,200 : 3,000 : 0,000 : 15,300 : 37,500 : +63.2% Makati CBD: 22,000 : 3,500 : 1,800 : 0,500 : 0,300 : 06,100 : 28,100 : +27.7% Rise/Air Res: 00,000 : 0,000 : 0,000 : 0,000 : 6,400 : 06,400 : 06,400 : Infin. Ortigas Ctr. : 16,200 : 1,400 ; 0,700 : 0,500 : 0,600 : 03,200 : 19,800 : +19.8% Manila Bay : 08,800 : 5,500 : 8,500 : 2,600 : 2,100 : 18,700 : 27,500 : +212% !! Rockwell Ctr: 04,100 : 0,000 : 0,500 : 0,700 : 0,000 : 01,200 : 05,300 : +29.3% Other Areas : 00,000 : >> TOTAL-- : 91,100: 16100: 21300 : 8,100 : 3,100 : 00,000: 140,100 : +53.8% OLD DATA ======= ========= : End'16 : -2017 : -2018 : -2019 : -2020 : '17-20 : End'20 : % chg. Ft.Bonifacio 24,200 : 4,100 : 8,200 : 3,000 : 0,000 : 15,300 : 37,500 : +63.2% Makati CBD: 22,000 : 3,500 : 1,800 : 0,500 : 0,300 : 06,100 : 28,100 : +27.7% Rise/Air Res: 00,000 : 0,000 : 0,000 : 0,000 : 6,400 : 06,400 : 06,400 : Infin. Ortigas Ctr. : 16,200 : 1,400 ; 0,700 : 0,500 : 0,600 : 03,200 : 19,800 : +19.8% Manila Bay : 08,800 : 5,500 : 8,500 : 2,600 : 2,100 : 18,700 : 27,500 : +212% !! Rockwell Ctr: 04,100 : 0,000 : 0,500 : 0,700 : 0,000 : 01,200 : 05,300 : +29.3% Other Areas : 00,000 : >> TOTAL-- : 91,100: 16100: 21300 : 8,100 : 3,100 : 00,000: 140,100 : +53.8% Mak+Rise/Air: 22,000 : 3,500 : 1,800 : 0,500 : 6,700 : 12,500 : 34,500 : +56.8%
  12. Updated View, Sep. 2018 A Hong Kong friend told me: "There are Eight (chinese) hotpot restaurants in the area, a short walk from Asten"
  13. Middle part of this interview is about Antarctica Ancient Race there? Richard Dolan show: Joseph Farrell on Nazis, UFOs, Antarctica, 9/11
  14. A Hindenburg Omen is forming in the stock market. Should investors ignore it? MarketWatch The Hindenburg Omen is materializing in the stock market, raising hackles among some market participants who closely watch for patterns that may portend ill for a stock market that has been knocking on the door to fresh highs. Named after the German dirigible that notoriously exploded in 1937, the Hindenburg Omen is formulated to predict market crashes, or severe downturns, by synthesizing data, including 52-week highs and lows as well stock moving averages on the New York Stock Exchange. It was created by Jim Miekka, a blind mathematician, marksman and teacher, who died about four years ago. Miekka claimed that his indicator had been an accurate predictor of every market crash since 1987 on. But as a number of market participants have noted, an appearance of the so-called Hindenburg Omen, hasn’t always resulted in an unraveling of the equity market. A jump in the number of stocks hitting 52-week lows and highs on the New York Stock Exchange has been a key feature, among others, used to calculate the bearish pattern. Jason Goepfert, president of Sundial Capital Research, highlighted in a recent note cited by Bloomberg News that he has observed a clutch of such high/low moves on the NYSE and the Nasdaq, which can signal a degree of market indecision that can result in a broader market break down. . . . McClellan told MarketWatch on Friday that he has seen a cluster of 7 Hindenburg instances, including on Friday (before the close), in which 52-week highs and 52-week lows were more than 2.8% of the total of advancers plus declining shares, one key feature of the omen (see chart below): / 2 / Frank Holmes: Is It Time To Get Defensive As Ray Dalio Suggests? Sep 14, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors The economy is showing signs of slower growth, and now is the right time to switch to a defensive portfolio stance, this according to Frank Holmes, CEO of U.S. Global Investors. “Global PMIs have turned negative…and historically, that means the economy’s going to be weaker in exports in the next six months,” Holmes told Kitco News. Holmes noted that gold is still an important asset to add to a defensive portfolio. Quoting Ray Dalio, founder and co-chairman of Bridgewater Associates, Holmes said investors are at “risk” if they don’t own gold in their portfolio. On his own personal strategy, Holmes adheres to the “golden” rule of keeping at least 10% of his portfolio in gold. He added that in today’s environment short duration fixed income instruments, like short-term municipal bonds, are very attractive as defensive plays.
  15. Wallbridge Announces $3.9 Million Strategic Investment by Eric Sprott TORONTO, Sept. 14, 2018 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Offering") through the issuance of 30,000,000 units of the Company (each a "Unit") for gross proceeds of $3,900,000. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, was the sole purchaser of the Offering. image: "We are pleased to have a gold investor such as Eric Sprott as one of our large shareholders. Eric is very familiar with high grade gold deposits in the world and Fenelon obviously fit that bill," stated Marz Kord, President & CEO of Wallbridge. "On behalf of all Wallbridge shareholders, we welcome Eric's support in our drive to make Fenelon Gold to be the first high grade operating mine in this emerging belt in Northwestern Quebec." . . . In connection with the Offering, the Company paid an aggregate cash commission of 3% to a certain eligible person. All securities issued are subject to a statutory hold period of four months in accordance with applicable securities legislation. Proceeds of the Offering will be used for general corporate purposes. As of the date hereof, after giving effect to this acquisition of Units, Mr. Sprott beneficially owns and controls 33,333,334 Common Shares and 16,666,667 Warrants of Wallbridge, representing approximately 9.4% of the issued and outstanding Common Shares on a non-diluted basis, and approximately 13.4% on a partially diluted basis. Prior to the date hereof, Mr. Sprott beneficially owned and controlled 3,333,334 Common Shares and 1,666,667 Warrants of Wallbridge, representing approximately 1.0% of the issued and outstanding Common Shares on a non-diluted basis, and approximately 1.5% on a partially diluted basis. The Units were acquired for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities of the Company either on the open market or through private acquisitions or sell securities of the Company either on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. Read more at http://www.stockhouse.com/news/press-releases/2018/09/14/wallbridge-announces-3-9-million-strategic-investment-by-eric-sprott#7wKjQzKwRyxzr3h4.99
  16. "I dont see any other producing company with value/price like this....nearest is imo T.LMC or with more risk T.ALO." ALO.t / Alio Gold Inc ... All data : NHK.t / Nighthawk Gold ... All data : 2yr : : 2yr :
  17. Total 12 mos. Production Reaches Approx. 212,000 Ounces of Gold Production Mine----- : Aug.-: 8 Mos. : /8mos.+ 4 months- (/4. Range) = Guidance--- / L.12mo. Segovia-- : 16.4k: 127,101: 15.89k: 57.9-67.9k (14.5-17.0k) = 185.0-195.0k = 187.1k Marmato : 02.3k: 16,520 : 02.07k: 08.5-08.5k (02.1-02.1k) = 025.0-025.0k = 024.9k ----Total-- : 18.7k: 143,621: 17.95k: 66.4-76.4k (16.6-19.1k) = 210.0-220.0k = 212.0k === : 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 : 18,746 : Bullboard Posts RE: upped guidance to 210,000 to 220,000 Isn’t upped guidance usually really big news? Pretty nonchalant in this press release. ...this gold stock seems to be nonchalant in many ways....until now. As a geologist I dont see any other producing company with value/price like this....nearest is imo T.LMC or with more risk T.ALO. > SH:Read more at http://www.stockhouse.com/companies/bullboard#7QOF5JapXyfrr53g.99 Gran Colombia Gold Provides August 2018 Production Update; Latest 12-Months’= 212k Oz. September 11, 2018TORONTO, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX: GCM) announced today that it produced a total 18,746 ounces of gold in August bringing the total for the first eight months of 2018 to 143,621 ounces, up 36% compared to the first eight months of 2017. This brings the Company’s trailing 12-months’ total gold production as of August 2018 to 211,983 ounces, up 22% from 2017’s annual production of 173,821 ounces. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commented, “We are continuing to see strong performance from our company mines at Segovia this year with head grades averaging close to 20 g/t through the first eight months of the year. In light of our production results to-date, we now expect that our annual gold production for 2018 will range between 210,000 and 220,000 ounces.” At the Segovia Operations, gold production in August amounted to 16,393 ounces, bringing the total for the first eight months of 2018 to 127,101 ounces, up 43% compared to the first eight months of 2017 which included the adverse impact of the civil disruption on operations in August last year. This brings Segovia’s trailing 12-months’ total gold production as of August 2018 to 187,108 ounces, up 26% from 2017. Operating activities remained steady in August and the Company now expects that the annual gold production from the Segovia Operations for 2018 will range between 185,000 and 195,000 ounces, above the top end of the Company’s initial 2018 gold production guidance of 167,000 ounces. With the third consecutive month of better head grades, averaging close to 3.0 g/t, and processing an average of 924 tpd in the month, gold production at the Marmato mine increased to 2,353 ounces in August, bringing the total for the first eight months of 2018 to 16,520 ounces, on par with the first eight months of 2017. This brings Marmato’s trailing 12-months’ total gold production as of August 2018 to 24,875 ounces. The Company continues to expect annual gold production from the Marmato mine in 2018 will range between 24,000 and 26,000 ounces.
  18. SOXX-SPY : the Gap Widened... to the downside - maybe be signalling a stock Drop Ratio Bounced off support at 62% yesterday fr. 11/1/17 : SOXX: $172.09>183.10 -1.16%,wed / SPY: $257.49>289.12 +0.02%:= Ratio: 66.85% > 63.33% : 94.73% (-5.27%) 10d
  19. Biggest bank, BDO, testing key support near P114 Is it about to "go Critical" if support does break It may signal a possible stock market correction / & economic downturn? BDO -Unibank/ ... All-data: 5yr: 2yr: 6mo : Last 9/12 : P 114.00 ==
  20. CASH FLOW vs CAPITAL GAINS Focus & when is Gearing Good? A note received by email from M- "This might be an interesting article/ numbers to go through in one of your meet-ups as part of your financial literacy message. I think you would probably have to change the numbers and interest rates tailored to Manila and the message might be the opposite of what this article suggests, or maybe not, depending on the cash-flow situation." > https://www.biggerpockets.com/renewsblog/2015/01/29/investors-focus-cashflow-over-equity/?utm_source=newsletter EXCERPTS Cash is liquid money and is absolutely essential when you finance real estate. Cash is much easier to use if something goes wrong, whereas equity is completely useless. You’d have to sell your asset if you ever need the money quickly, and that is not always the choice that someone needs to make if an event occurs. Value vs. Financing The value of a residential property will go up or down regardless if you have a mortgage on the property. Value is completely out of your control in residential real estate because it’s usually based on someone’s opinion instead of cash flow (like commercial real estate). This is an important point when investing. Since mortgage money is the cheapest money that you’ll ever borrow, why not finance as much as possible? If the numbers don’t work for the smallest down payment possible, move on to the next property. Remember, a good investment property is one that cash flows to your liking, not one with “equity.” That is to say that the income generated by the property is greater than the expenses of the property. === The EXAMPLE (in the article) is too simplistic! He fails to analyze Rental Income vs Interest Rate, ie the expected "Yield Pick-up" Let's do that: -----------------------: - Cousin A : - Cousin B : Purchase Price: $250,000 : $250,000 : Rental Income : $1500/mo : $1500/mo : Rental Yield---- : 5.00% : 5.00% : > Net After-tax Rental yield Interest Rate--- : 3.75% : 4.00% : > Adjusted for all fees, penalties (?) Yield pickup---- : 1.25% : 1.00% : > the Cash Flow benefit from borrowing === That 1%-1.25% is a nice decent positive Yield Pick-up! Obviously, it only makes good cash-flow-sense to borrow if there is a positive "Yield pick-up" - Because Net after-tax rental returns are above the Interest Rate being paid. it will not make sense to borrow. If Rental yields are below Rates. Any borrowing will reduce Cash Flow. (Also, Rental yields may not necessarily STAY above Interest Rates, particularly when rates shoot up.) This Difference (Net AT Yield - Effective interest Rates) needs to be evaluated when one looks at investing. In fact: Even when it is nicely positive, higher gearing may also leave the property owner with a smaller margin for error, voids, and other surprises. The guy who repays the loan more quickly, will have less cash for other ventures, such as buying other properties or investing in the stock market, or cash for a rainy day. The article pointed this out. On the other hand, maybe by repaying the loan more quickly, he will make it easier to obtain another, perhaps even cheaper loan on his next property venture, This enhanced credit rating will often accrue to someone who retires in full a loan, or pays it down quickly. If gearing is too high, there may be no flexibiity
  21. The existence of THIS video is probably an argument AGAINST Q being real 9-5-18 – Q-ANON REPORTS OVER 50,000 SEALED INDICTMENTS "Q-ANON REPORTS OVER 50,000 SEALED INDICTMENTS It’s unclear exactly who Q-anon is; but it should be clear to those who follow the posts that he or she seems to be working diligently to unmask the criminal enterprise that has plagued this planet for eons. Those who support Donald Trump in my information circle trumpet the enigmatic notices of this mysterious entity. In one of the latest posts, it is said that there are now over 50,000 sealed indictments. Others have reported some of the names on that list, although, if they are sealed, it is not clear to me how they would know; however, I hope most of the big names we would all recognize will actually face justice. Yes, I am convinced the world has been run by demons or however you want to label those who have falsely claimed some Divine right to rule going back eons. There are many threads to explore for those with open minds willing to admit that so many things we’ve been told simply do not make sense. We have all been deceived, which we must own individually and collectively. For those willing to take responsibility by repentance, forgiveness is in Divine order; however, the unrepentant must be held accountable. Will we soon see truth and justice finally prevail? I certainly hope so. How about you? " - RVD Jstillxx 2 days ago The claim about the indictments is provably false. There may be around 50k sealed documents, but those numbers are not unusual. This can be verified by searching PACER. As an example, they claim that a normal year would only produce 1000 sealed proceedings out of all 95 districts combined. This is from a SINGLE district, over only five months in 2015. It returned 1500 sealed proceedings. I can provide more specifics, but the claim that we are witnessing something unusual with this amount of sealed documents, is irrefutably false. https://i.imgur.com/um7iNN7.png
  22. "100% Buy" Barchart Opinion (just for fun) Please don't take these things too seriously but it is fun to see. https://www.barchart.com/stocks/quotes/WM.TO/opinion Overall Average: 100% BUY Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signa Read more at http://www.stockhouse.com/companies/bullboard#1HfB824cWw2ppb1p.99
  23. THE BIG SPEND... Why? Partly, because GCM can now afford it, but that's the reason why... GCM on facebook... much more infos... for 8 million oz that would be a mine life of 80 years? the open pit was 0.9 g/t at 100,000 oz pa if they change to underground 3 g/t, the same size mill can produce 3x as much pa? that is if they can underground mine fast enough to fill mill. mining higher grade than open pit, there is room to reduce the 80 year mine life to increase oz pa isn't there? I don't see mines with 80 year mine life. normally with that many oz they can reduce mine life to increase oz pa because higher scale production reduces cost? Read more at http://www.stockhouse.com/companies/bullboard#woDSGMp95HALKrXc.99
  24. "Honest Analysis" from a Viber chat "Marketing price" vs. REAL Price (ie Price realizable if you are not the developer.) This came up at a Meetup and on a Viber chat Rise & Air Residences at night The Rise and Air Residence are two large new properties near the corner of Guy Puyat and Ayala Avenue. Between them they have over 6,000 units, and they will be completed in 2019-2020. The look a bit similar, and have the same architect, even though Rise is being built by Shang and Air by SMDC. If you Buy direct from the developer(s), you will pay something like P6.8-7.2 Million, so call it P7Million, for a unit of 26-28 sqm. P7,000M / 27 = P 259k per sqm. That's not cheap imho, But reflects the fact that the projects are right on the edge of the jobs-rich Makati CBD, and a short walk from the area around TechZone that I call "little China." The question: Is P259k per sqm, the "real" price? ... That is, the one that you and I as sellers might be able get? Now it happens that I am an owner of a high floor unit in The Rise, and friends of mine own a total of close to 10 units there. So I have been following these projects closely. And I have been collecting data online and from conversations with various agents about what prices can be achieved by selling. I will share data shortly. But I can tell you, reselling owners will NOT get anything like P259k per sqm for their units. Before going to 2nd market prices, let me point out that Rents are likely to be about P25,000-30,000 monthly, based upon what other properties in the area are getting. It could be lower, because there will next year be a FLOOD of supply, and that might depress rents for a while. Anyway, if I use P1000 per sqm, that that's a Gross Yield of p28kx12/p259kx28= 4.6% > not very good. But this is pretty typical for some new properties in Makati now. Will secondary market buyer accept such low yields?? Second hand vs. "Market Prices" at Rise & Air. Dotproperty tracks properties listed for sale (as secondhand resales online). Here's some recent data, these are asking prices. Rise : P 5,226M ave (#12) / 28sqm = P186.6k psm AirR : P 4,900M ave (#34) / 26sqm = P188.5k psm If we compare this with an estimated P7,000M or P259K psm... This is a 28% and 27% discount to developer prices - that's massive! These big discounts should be a big warning to anyone who thinks they Buy New from the developer, and are making money every time the developer raises prices. The reality is, only the developer gets those high "marketing prices." If you want to cash a profit, you have to accept a lower discounted selling price, and pay other costs, such as agent's commission, transfer charge and capital gains tax, if relevant. The good news seems to be two-fold: + Buyers at the 2ndhand price get a higher yield, like 6.4% Gross + The Secondhand price is creeping higher month by month, as the sellers who want to cash a profit, sell - so the cheaper offers disappear. (when buyers take them, or offers get raised.)
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