Jump to content

drbubb

Super Admins
  • Posts

    112,497
  • Joined

  • Last visited

Everything posted by drbubb

  1. Gold etfs - Is an important bottom in? GBS / GOLD Bullion Secs.: UK's Gold etf ... all data : Log : : Log : == GLD ... all data : HK-2840 / gold etf ... All : Log : ==
  2. GOLD etf's GBS / GOLD Bullion Secs.: UK's Gold etf ... All-data : GLD - Log chart ... All-data : HK-2840 / gold etf ... all : ==
  3. PSEI may have peaked already PSEI / Philippines Stock Exchange Index ... Weekly PHP Charts are contaminated by two bad data points - So I had to split this into two parts WEEKLY ... All-data : To 1/31/18 ... Daily ... from 4/18/18 : FXFX ... from 2010 :
  4. Date-------- : GCM.t: CAD$: $Price: ShsOS MktVal : 8%-Debs: Date: Cash: EntVal. / $Gold : OZ's/ Prd. years.: 221wtx$inTM 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: 12.2Mx$0.23 09/12/18 : $2.27 :x.769= $1.745 48.2M $84.1M: $ 98.0M: Est.: $28.0: $154.1M /$1206: 128k/212: 0.604: 12.2Mx$0.06 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: 12.2Mx$0.19 Gold linked Notes, Total Value Estimate: with Wt.B / tprxf : US$0.90 @ C$3.06 / 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 : 07/31: 1234: $2.53 : 488. : 100.0 : 57.0 +44.7= 101.7 : $1.18*x0.769 = $0.91 : 11.3% : 113.0 : $1.95: 1000 : 08/03: 1223: $2.52 : 485. : 100.0 : 57.0 +44.7= 101.7 : $1.17*x0.770 = $0.90 : 11.2% : 112.9 : $1.94: $995 : 09/12: 1206: $2.27 : 531. : 100.0 : 57.0 +44.7= 101.7 : $0.95 x0.769 = $0.73 : 9.05% : 110.8 : $1.75: $897 : 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 : =====: ==================================== : *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 - vs. GDXJ & MNT.t ... update : GCM.t only : 9/21/2018: c$2.30 : c$16.29 : $28.08 : 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 06/14/18: $3.16 : $17.95 : $2.32 //: $33.20 : $3.32 x1.311= 43.53: 3.35 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 09/21/18: $2.30 : $16.29 : $2.10 //: $28.08 : $2.81 x1.292= 36.28: 2.79 10/04/18: $2.60 : $16.37 : $2.11 //: $27.83 : $2.78 x1.292= 35.59: 2.74 *5/25-FRI. since monday was US holiday
  5. AIR's NEW DEAL ... is a Bad Deal (for foreign investors) Posts on the SSC thread suggest: + No Freehold for (new) foreign buyers : To get around the 40% limitation, new foreign buyers are being offered Units under a 50 year Leasehold... at least for the Bulk Buyers seeking a pricing discount + Higher price for foreign buyers : Foreigners now being asked to pay as much as P 7.? Million, vs. P X.? Million for locals. Compare Shang Salcedo, where locals can buy at P 6.4 M, and foreigners at P 7.1-7.6 Million Comments from SSC: " Honestly, I think it is a garbage arrangement for the foreign investors. Don’t think foreign investors will buy into this. Instead of trying to sell more to foreigners at inflated prices, SMDC should consider giving more discounts to local buyers so that they can fulfil the 60% local levy. " Quite confident it will hold up in court because existing laws allow foreigners to lease land on 50 year lease with another 50 year lease renewal. Perpetual ownership is a key attraction for foreign investors. I don’t think foreigners will pay 200k/sqm for 50 year lease assets. " It sounds like a bad deal for everyone- foreigners and locals alike. If the developer controls the voting rights of the 40% of units allocated to foreigners, then the developer will maintain significant control over the entire condo. Want to replace the developer-appointed property manager? Good luck... " "Was looking around articles about Air residences and found this! Bought a unit here 2 years ago, surprised to see the list price went 50% up. I think a good choice seeing how it is now. I just hope that Makati gets cleaner as the streets on both sides (mercury drug) and (Axa*Post office) are so grubby." > SSC- Air : https://www.skyscrapercity.com/showthread.php?t=1456032&page=25
  6. SIL has another chance to bottom SIL / Silver Stocks ... 5-yr : 2-yr : 6mo : 10d / last: $26.79 (lo-yr: $26.53) / Slv: $14.50 = r-1.848 SIL - 2yrs
  7. My goodness - over 30% of Market Cap is in cash! When will they start paying dividends? They could easily pay a 4% (CAD 10 cent) dividend right now! GCM.t ... update : 10d : Last: C$2.53 x.766 = US$ 1.94 - held the 200d MA at C$2.39+ / recent low= C$2.42 RE:RE:Gran Colombia Gold Announces it Will Settle 100% of its 2018 US$28 million cash! That is a huge jump from last q of $3 million. People who previously saw the $3 million and were afraid they were running out of cash will now see they are flush with cash and a cash generating cow. 163 channels, or 38%, averaged over 30 g/t Au is a good sign of things to come Read more at http://www.stockhouse.com/companies/bullboard#uUryIWcP6rJB4b6y.99 / 2 / Free cash flow for 2018 What are the free cash flow projections for 2018 and 2019 ? This 2017 blog says free cash flow for 2017 was $15 million USD: https://reminiscencesofastockblogger.com/2017/07/27/buying-gran-colombia-gold-a-levered-free-cash-flow-generating-gold-producer/ >> Summing it up: I find it very hard to resist a gold miner trading at less than 4x free cash flow (I’m using a market capitalization of $60 million Canadian which includes conversion of the 2018 debentures and free cash flow of $15 million USD for 2017, which I believe to be conservative). To say it is unusual to find a miner with this sort of free cash yield is an understatement. Unheard of is more like it. Read more at http://www.stockhouse.com/companies/bullboard#qUHQ3e5xeHrzJhmM.99 / 3 / GCM: 48.2 million shares x C$2.44 = C$ 117.6M x 0.761 = US$ 89.5M - $28M cash = $61.5M Net As of August 3, 2018, the aggregate principal amount of the 2018 Debentures issued and outstanding was approximately US$33.0 million, and as such, the Company expects that it will be issuing a total of approximately 17.0 million common shares on August 13, 2018 (the “Conversion Date”) to settle the Outstanding Balance, bringing its total issued and outstanding common shares as of the Conversion Date to approximately 48.2 million. Holders of the 2018 Debentures maintain their right to transfer or convert their 2018 Debentures prior to the close of business on August 10, 2018.
  8. FURTHER UPDATES: GCM will settle 1% debs, 100% with shares... leaving $28.5 Million in Cash ! 8/7/18 : Gran Colombia Gold Announces it Will Settle 100% of its 2018 AFTER settlement : MktCap : US$ 93.4 Million = 0.766 x C$ 121.95M = C$2.53 x 48.2 million Cash--- : US$ 28.5 Million (30.5% of MktCap) Net MC : US$ 64.9 Million === That's plenty of money to Drill, money to expand the Gold resource TORONTO, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX:GCM) announced today that it gave notice on August 3, 2018 to the trustee (the “Trustee”) for its Senior Unsecured Convertible Debentures due 2018 (the “2018 Debentures”) that on maturity on August 11, 2018 (the “Maturity Date”), pursuant to the provisions of the underlying indenture (the “Indenture”), the Company has elected to satisfy its obligation to repay 100% of the outstanding principal amount of its 2018 Debentures, and all accrued and unpaid interest thereon (collectively, the “Outstanding Balance”), by issuing and delivering common shares. As of August 3, 2018, the aggregate principal amount of the 2018 Debentures issued and outstanding was approximately US$33.0 million, and as such, the Company expects that it will be issuing a total of approximately 17.0 million common shares on August 13, 2018 (the “Conversion Date”) to settle the Outstanding Balance, bringing its total issued and outstanding common shares as of the Conversion Date to approximately 48.2 million. Holders of the 2018 Debentures maintain their right to transfer or convert their 2018 Debentures prior to the close of business on August 10, 2018. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commented, “We are pleased to conclude this final chapter of our effort to simplify our capital structure and improve our ratio of debt to equity. With increasing awareness of our under-valued equity, we hope that this increase in shares outstanding will enhance liquidity in the market for our stock. At the end of June 2018, our cash position stood at approximately US$25 million and the return of the 2018 Debentures’ sinking fund will add another US$3.5 million of unrestricted cash back into our treasury. . . . Segovia: We are now ready to commit an additional US$2.3 million toward additional drilling through the balance of 2018 to follow up on this discovery to incorporate it into our future development and production plan.” El Silencio ... is the oldest and deepest mine in the Segovia district, has 45 levels descending to a depth of over 800 meters. As previously announced, a total of 424 channels were sampled in the down-plunge extensions of the north and south ore-shoots. Of this total, 291 channels, or 69%, averaged over 10 g/t Au and 163 channels, or 38%, averaged over 30 g/t Au. This additional drilling will aim to extend the north, middle and south ore-shoots down-plunge with the objective of testing extensions another 200 meters below the currently delineated resource. The drilling program, expected to commence in September, will be a combination of conventional drilling with 50 meter by 50 meter nominal center spacing on the north ore-shoot and directional drilling on the middle and south ore-shoots. Read more at http://www.stockhouse.com/companies/bullboard#VlP1WugEB4PA2u33.99
  9. Film: Antarctica Unveiled (Pt. 3 of 3) - A conversation with Cliff High 24,914 views Published on Jul 30, 2018 In this crescendo closer Clif deals the final cards of the SP enigmas, incl. the 4 basic scenarios: Ancient Civ, Nazis, Aliens, & Hollow Earth. Some issues raised: What's his original info before blue chicken pollution? Why did polar scientists suddenly get ill? What's the weird energy radiation from SP to Hawaii? Is an ancient village uncovered? What power players visits & why? What say the Salish about sky people? Why was SP nuked in late 50ies? What's the origin to polar lights? Why are globalist corporations there? Why did U.K. battle over Falklands? Is UFO's from Inner Earth via polar holes? And hear what horrors the night vision goggles revealed...
  10. Actually. Jeong's tweets are far far more racist than Dr Duke is, who does not make such wild statements* about other races Kurt Schlichter: NY Times’ Racist Sarah Jeong is the David Duke of Liberal Media Townhall senior columnist Kurt Schlichter defended President Trump’s media slams and included some relevant advice to CNN’s Jim Acosta during a Saturday appearance on Fox News’ “Watters’ World.” “Look, this is a week where the New York Times — the flagship of the liberal media — hired an avowed racist, someone who if you just changed the nature of the person she was hating would be another David Duke, and they hired her and they defended her,” Schlichter said in response to Fox News host Jesse Watters’ contention that the “fake news” has “made enemies of the people.” The Townhall columnist then had a piece of advice for CNN’s Jim Acosta, who has taken particular umbrage at President Trump’s “enemy of the people” moniker. (RELATED: Acosta Demands Sanders Denouce ‘Enemy Of The People’ Rhetoric) “It’s ridiculous, it’s disgraceful,” Schlichter continued. “Enemy of the people? You don’t want to be called the enemy of the people? I have a great idea. Stop being the enemy of the people!” Former Obama official Anton Gunn said that the president should “stay above the fray” and “have some thicker skin” regarding the press. (RELATED: Tucker: The Angry Left Is ‘Totally Distorted By Their Rage,’ Inability To ‘Topple’ Trump) To which Schlichter responded: We spent eight years with George Bush being a gentleman, taking it, and taking it on our behalf. Now we’ve got someone who throws back when they throw down. I love it. It’s time to get in these people’s faces and say no, you’re not going to treat me with condescension. No. You are not going to insult me. No, I am not going to be treated with disrespect. If these are the new rules, welcome to ’em. That’s how we’re playing the game. === LISTEN for yourself, and Compare! *Duke's videos have over a 90% Positive Rating", and are researched and backed by evidence & citations LISTEN to how (just within this past week) Youtube has issued letters saying his videos will be backed throughout the EU MP3 : http://renseradioarchives.com/archives/dduke/080118.mp3 Dr. Duke on Google/EU new shutdown of every David Duke video in EU -- and Dr. Slattery on Jewish Professors Stephen Cohen and Noam Chomsky pushing back on Zio lies Shouldn't the more overtly bigoted "Little Racist" & her new platform, the NY Times also be blocked in the EU? That would only be fair, but I think will never happen
  11. HOT SAUCE? Offered by this woman.. to this man? Crooked Hillary, James Comey Jump to Leftist LeBron’s Rescue After Trump Tweeted About His Smarts Virtue-signalling leftist Hillary Clinton praised LeBron James who continually trashes President Trump. James Comey sent a more subtle message. Their tweets supporting LeBron came shortly after the President questioned LeBron’s intelligence in a tweet. He also knocked Don Lemon but so did Yale. Melania came out and praised LeBron’s charity work, for which he deserves praise. His intelligence truly isn’t as impressive. Clinton said he is a “class act” and she would because he insulted Trump supporters, the ones she calls “deplorable”. LeBron was a big Hillary supporter during the campaign. LeBron can say anything he wants, but he’s considered untouchable. The original "hot sauce revelation": - how dumb does HRC think black voters (& black athletes) are? When Hillary Clinton told a radio show that she always carries a bottle of hot sauce she was accused of "pandering" to the perceived tastes of black voters. But was the Democrat front-runner really trying to curry favour by playing up to a stereotype of the African American electorate? Or is she actually a long-time fan of spicy food? . source: https://www.bbc.com/news/av/magazine-36094303/hillary-s-hot-sauce-claim-inflames-pandering-row "FIGHTING FOR US" - the 2016 campaign slogan pandered to gullible Blacks too. Trump has done FAR MORE to help the Black community, by creating jobs, and reducing black unemployment to a record low. (Another Nail in the witch's coffin? To go with the hundreds she deserves already.)
  12. Q breakout? A whole new ballgame for Pro-Trump news distribution How long before we see Q-coin? haha The mysterious pro-Trump conspiracy theory known as 'QAnon' is coming out of the Fringe... Business Insider-1 Aug 2018 Believers in the "QAnon" conspiracy theories are increasingly making their presence known offline, including at President Donald Trump's campaign rallies. The theories hold that a cabal of elites, including celebrities, Democratic Party leaders, and the deep state, are the source of all evil and that Trump will conquer them all. The complex set of interwoven theories revolve largely around promoting a positive interpretation of Trump's leadership. How 'QAnon' emerged In October 2017, an anonymous person who claims to have access to top-secret information (and a so-called Q-level government security clearance), began posting cryptic messages on an online message board known as 4Chan. The vague notes are written in poem-like verses, which "QAnon" followers call "breadcrumbs," or clues to understanding Trump's secret counter-coup against evil. Followers believe there will be a "Great Awakening" before a "storm" — an idea derived from the president's unclear reference last year to " the calm before the storm " — during which Trump will conquer elites, globalists, and the deep state. And Democrats including Hillary Clinton and Barack Obama will ultimately find themselves locked up in Guantanamo. > Killing Fake News - Can Trump do it?
  13. RE:RE:RE:Won't the purchase of Sandspring use up a lot of they told us they will bay back the 2018 debentures in shares August 11 ... the 2014Notes are payable in cash (from their gold-trust) ...over the next 6 years... the deal with Sandspring has no influence on dilution ... GCm added great valuewith this deal ..Sandspring is worth much more..they already have 10 million oz proven and some satelite deposits for major expansion ... + the new property next to GCM's deposit at Segovia...AND..there in an old mine/mill at this concession... good move from manegement! .... but POG has to turn around..1200$ arleady delivers good profits but better the price moves not lower.... other miners have the same problem... without developement spending GCM is able bringing down the AISC near to 800$/oz ... don't worry ..COT data says the worst could be over.... Read more at http://www.stockhouse.com/companies/bullboard#SwCgGZZuhvBgrYVr.99
  14. Financials TORONTO, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX: GCM) announced today that it will release its financial results for the second quarter and first half of 2018 after market close on Tuesday, August 14, 2018 and will host a conference call and webcast on Wednesday, August 15, 2018 at 9:30 a.m. Eastern Time to discuss the results. Webcast and call-in details are as follows: Live Event link: https://edge.media-server.com/m6/p/5sygmz4u International: 1 (514) 841-2157 North America Toll Free: 1 (866) 215-5508 Colombia Toll Free: 01 800 9 156 924 Conference ID: 47275629 A replay of the webcast will be available at www.grancolombiagold.comfrom Wednesday, August 15, 2018 until Friday, September 14, 2018. === Much will be clarified by then... RE:Financials Maybe we will finally get out from under the drag caused by the debs . For sure it will finally clear up the confusion surrounding the number of outstanding shares . We are finally getting all this out of the way just in time to watch the gold price tank . I just don`t get it any more . Interest goes up , gold drops . Interest goes down , gold drops . Gold really is manipulated . Read more at http://www.stockhouse.com/companies/bullboard#ccgCsiCCjmtD9ert.99
  15. MAKE THE FUTURE GREAT AGAIN! (is there a solution to the deterioration of TV series?) Like all "remakes" where chicks were cast in roles made famous by men, Star Trek Discovery was an Utter Failure Star Trek: Discovery is an American television series created for CBS All Access by Bryan Fuller and Alex Kurtzman. It is the first series developed specifically for that service, and the firstStar Trek series since Star Trek: Enterprise concluded in 2005. Set roughly a decade before the events of the original Star Trekseries and separate from the timeline of the concurrently produced feature films, Discovery explores theFederation–Klingon war while following the crew of the USSDiscovery. Sonequa Martin-Green stars as ... a science specialist on the USS Discovery... > wiki: https://en.wikipedia.org/wiki/Star_Trek:_Discovery == > Thank God, there is: Make it so! Picard's Star Trek will return
  16. GCM.t ... update : Date : Gold: GCM : Ratio: G/1250 x57%+104%= Debs : Wt2.21: CAD : $USD : 124wt: Comb.: USD$: x512.8: 05/23: 1300: $2.84 : 458. : 104.0 : 59.3 + 44.7 = 104.0 : $0.63 x0.779 = $0.49 : 06.1% : 110.1 : $2.21: 1133 : 05/25: 1304: $3.26 : 400. : 104.3 : 59.5 + 44.7 = 104.2 : $1.05 x0.771 = $0.81 : 10.0% : 114.2 : $2.51: 1287 : 05/31: 1305: $3.03 : 431. : 104.4 : 59.5 + 44.7 = 104.2 : $0.82 x0.772 = $0.63 : 07.8% : 113.0 : $2.34: 1200 : 06/19: 1277: $3.06 : 417. : 102.2 : 58.2 + 44.7 = 102.9 : $0.85 x0.753 = $0.64 : 07.9% : 110.1 : $2.30: 1179 : 06/26: 1258: $2.89 : 435. : 100.6 : 57.4 + 44.7 = 102.1 : $0.68 x0.751 = $0.51 : 06.3% : 108.4 : $2.17: 1113 : 06/29: 1255: $2.88 : 436. : 100.4 : 57.2 + 44.7 = 101.9 : $0.67 x0.761 = $0.51 : 06.3% : 108.2 : $2.19: 1123 : 07/31: 1234: $2.53 : 488. : 100.0 : 57.0 + 44.7 = 101.7 : $0.32 x0.769 = $0.25 : 03.1% : 104.8 : $1.95: 1000 : 08/03: 1223: $2.52 : 485. : 100.0 : 57.0 + 44.7 = 101.7 : $0.31 x0.770 = $0.24 : 03.0% : 104.7 : $1.94: $995 : ===== Last Col.: $1000/ 1.95= 512.8shs xC%2.52= C$1,292 x0.770= $995
  17. HIDING FBI INCOMPETENCE Occam's Razor : Is this the simplest & best explanation of the facts? I think Styx has nailed it here! In Response to FOIA, FBI Releases 70+ Mostly Blank Pages on Christopher Steele
  18. ( From the groundbreaking NEW THREAD on the Secondary Market ): Selected Makati Properties - 2nd hand "ASKING Prices" (thnx to Dot Prop*) Please note: these are Asking Prices, for secondhand/ resale units. You may expect initial Bids from Serious Buyers willing to pay cash, may be coming in at 10-20% less, or even lower. Final sales prices will be determined by negotiations between Buyers and Sellers (July'18) Project ----- : Ave. Pr. (No) Type-Size : PerSq./ v.Q1'18 : Rental: PerSqM (No) - Est.Y : The Rise ----- : P4,977k (15) 1BR-28sm : 175.9k / 97.5 % : ?? Air-Resid.---- : P4,838k (45) 1BR-26sm : 186.1k / 103.2% : ?? One Central- : P9,660k (12) 1BR-54sm : 178.9k / 99.2 % : P45,760= P 847 (06) - 5.68% GBHamilton : P8,000k (02) 1BR-41sm : 195.1k / 108.1% : P45.000= P1098 (07) - 6.75% GrandMidori : P7,390k (19) 1BR-38sm : 194.5k / 107.8% : P40,000= P1053 (29) - 6.50% Senta ---------- : 12,750k (05) 1BR-61sm : 209.0k / 115.9% : P66,500= P1090 (19) - 6.26% Trevi, Laur.di: P3,320k (08) 1BR-23sm : 144.3k / 80.0 % : P25k* > = P1086 (01) - 9.00% : adj.R from P30k CL.ExecTw3.: P3,400k (13) 1BR-34sm : 100.0k / 55.4 % : == 8 Props : P6,145k (119) ave.-38sm 173.0k / 95.9 % vs. P180.4k (see chart, below) Note: for "Ave.Pr" or Average Price Per.Sq value, I have most often used the average for the entire Project (ie not just the 1 BR units; the "No"/number listed above is the number of 1 BR units Offered for Sale. ) *At the moment, Dot Property seems to be one of the best websites in the PH to get an idea of prices in the secondary market. Above is a select Above 8 Properties were compared with:
  19. Despite the Left's heroic efforts, Comedy is NOT dead (yet) This is what happens when you reply to spam email | James Veitch / 2 / #2 is even better... as he moves on to Royal BS More adventures in replying to spam | James Veitch ==
  20. AMAZINGLY IRRELEVANT ! Why Mueller isn't having success with Manafort Lavish Lifestyle ... is not a crime... and it is all miles away from Muellers' mission / 2 / What we learned from Paul Manafort trial opening statements It may DESTROY MUELLER's credibility to be involved in such an amazingly irrelevant case. Time to TURN this around, and start investigating the Real Criminals
  21. Wallbridge Produces MORE High-Grade Gold Intercepts image: http://www.stockhouse.com/CMSPages/GetFile.aspx?guid=24342c67-8cfb-47c7-ba6a-bddb83a7a182&width=76 Jeff Nielson, Stockhouse Read more at http://www.stockhouse.com/news/newswire/2018/07/26/wallbridge-produces-more-high-grade-gold-intercepts#ElpT1cQ9ZxYPtb4y.99 Stockhouse’s gold investors are already familiar with Wallbridge Mining Company Ltd. (TSX: WM, OTCQB: WLBMF, Forum). In a full-length feature article from July 18, 2018; we alerted Stockhouse’s mining investors to the potential here with a simple title that got right to the point, Wallbridge Mining: Boasting Ultra High Grades. There was no hyperbole in that title. The Company’s Fenelon Gold Project has already yielded some eye-popping intercepts from its 2017 drill campaign: 260.4 g/t Au over 7.02 meters 311.1 g/t Au over 3.06 meters 141.2 g/t Au over 7.06 meters It’s understandable if some mining investors wonder if those numbers are a misprint. Intercepts like these are now rarely seen in the gold mining industry. No, no misprint. Now WM is releasing numbers from its 2018 drilling program at Fenelon. Drilling to date has encompassed roughly 2,500 meters of underground drilling and a total of 25 drill holes. This is a gold property that has had considerable historical development, including existing underground infrastructure. Altogether, the Company is planning approximately 18,000 meters of drilling this year. Assay results for the first four holes are now available, and to no surprise, the Company has produced more very high-grade gold intercepts. 35.91 g/t Au over 3.42 meters (including 63.33 g/t over 1.70 meters) 15.91 g/t Au over 2.41 meters 16.72 g/t Au over 1.40 meters 9.27 g/t Au over 3.59 meters (including 17.37 g/t Au over 1.58 meters) Given the monster numbers from 2017 drilling at Fenelon, some mining investors might actually be disappointed with these results. Those readers need to take a much closer look at Wallbridge’s July 25, 2018 news release. The first point to note is that most of the assay results for these first 25 drill holes have been delayed. Why? President and CEO, Marz Kord explains this to investors. "We are quite excited with the high-grade intersections in these first 25 holes, 18 of which have visible gold. Due to their high-grade nature, a more robust assaying technique is needed, namely screen metallic, and as such assaying takes longer. We are eagerly awaiting the results of the rest of the drilled holes and look forward to continuation of the drilling which is planned for the rest of 2018. Over the next several months, we expect to continue to demonstrate the significant growth potential of Fenelon." [emphasis mine] > more at http://www.stockhouse.com/news/newswire/2018/07/26/wallbridge-produces-more-high-grade-gold-intercepts#ElpT1cQ9ZxYPtb4y.99
  22. Update: Rise BGC Showroom Now Closed... and More THE RISE SHOWROOM in BGC is now Closed, with effect from Today (July 31st) A new show unit onsite at the Rise will open soon, probably in September I took some photos of the model ... before it was moved The Rise model in its (former) glory at the BGC showroom The Rise Poolside (in the model) Poolside Close-up The Rise at Poolside, A Closer Close-up of the Amenities Model Amenities Model, from another angle As for sales, The Rise is now 94% Sold, I discovered. Assuming 2,800 units total ... x 6% Left = only about 168 Units remaining at The Rise. I was also told about 20 units can still be sold to foreigners. This seems to be a change (reopens?), since it was reported that the 40% "for Foreigners" limit had been hit approx. one month ago. 20 units is not many, so foreigners should move fast, unless they are willing to bet on more reopened units in the future. But prices are bound to go higher. In terms of prices, the cheapest remaining units is P5.5 Million, a unit on a Lower floor. - I am hoping to get details soon, and will plan to post them here. Most expensive 1BR is P 6.3 million / 28 sqm = P225k - on a high floor. Compare that to some bargains in the secondary market, where recent sales are at about P 4.5 Million / 28 = P 161k (recent secondary market price.) But in the 2nd market, you may have to pay cash, or take over someone else's payment terms. There may also be additional costs, like commissions or P 150K for a transfer, payable to Shang. I expect there are buyers for both types of transactions, and sales will continue strong in both the primary market (from Shang) and in the secondary market - which we are aiming to develop through this website. ===== Month: RISE- (No.) : Type-Size : PerSq. / AIR R (No.): Type-Size : PerSq./ Ratio 12/'17: 4,600k (06) 1BR-28sm: 164.3k / 4,035k (27) 1BR-26sm: 155.2k / 1.059 : Rise/Air 01/'18: 4,975k (06) 1BR-28sm: 177.7k / 4,174k (28) 1BR-26sm: 160.5k / 1.107 07/'18: 4,977k (15) 1BR-28sm: 175.9k / 4,838k (45) 1BR-26sm: 186.1k / 94.5% =====
  23. STOCKS VS GOLD – A VICIOUS FALL COMING The chart I am talking about is the stock market compared to gold. I will take the US market as the example but the ratio chart gold versus stocks could be applied to most stock markets in the world. If we first look at the Dow/Gold chart since 1997, we find that it topped in July 1999 at 45. This means that one unit of the Dow bought 45 ounces of gold. It then crashed by 87% to 6 in 2011. Since then there has been a steady recovery to the 20 level. In technical terms that means a very normal 38% correction. So 19 years after the Dow/Gold top in 1999, the stock market is still extremely weak measured in real terms or real money which is gold. And this is in spite of a major recovery in stocks since the 2009 bottom. This bodes ill for stocks. Whether the correction goes a bit higher than the 20 level is irrelevant. The chart shows that stocks have recovered in nominal terms due to massive money printing. But in real terms, stocks are in a long term downtrend since 1999 and this downtrend will soon resume with a vengeance. DOW GOLD – FOUR CRASHES SINCE 1837: 70%, 90%, 96%, 87% To understand the longer trend we need to look at a long term chart since 1800. The chart below shows that stocks have been in a long term uptrend against gold for 200 years. > http://www.investmentwatchblog.com/dow-gold-a-98-fall-next/
  24. Housing Market Problems? Related stocks are almost all down ~20% YTD. By: alexmark
×
×
  • Create New...