87 replies to this topic

[johngeorge]

Forgot to add this from John Hathaway April 12, 2016.  Letter to shareholders of Tocqueville Gold Fund.

Tocqueville Gold Strategy Investor Letter First Quarter 2016

[dharma]

looked into nak , called their customer relations

they are still having trouble getting permitting

they have 7.5 million cando on hand

burn rate 2/2.5 mill cando a month=

dillution in 3-4  months=

no thanks

have 2 on my radar still investigating

dharma

[johngeorge]

dharma

 

Thanks for that timely update on NAK.  I have looked at that stock a number of times over the last 2-3 years.  Did not buy. 

 

Presently I have 4 explorers in my PM mining portfolio and not looking to add more at this time.  Bought a small position in DUST this afternoon for a 1-3 day time period.  Insurance!

[tria]

dharma

 

Thanks for that timely update on NAK.  I have looked at that stock a number of times over the last 2-3 years.  Did not buy. 

 

Presently I have 4 explorers in my PM mining portfolio and not looking to add more at this time.  Bought a small position in DUST this afternoon for a 1-3 day time period.  Insurance!

 

 

JG,

10:1 reverse split for DUG on 5/8 I believe.

Plan to be out by mid-next week if not to zero by then.

[dharma]

miners keep leading , now w/ silver making new yearly highs , up almost 5% yesterday. its getting to be troublesome, to see gold range bound in a big bullish pennant formation , something has to give soon. it feels to me we are heading to a climax. everyday the miners keep tacking on big gains.

hadik is looking for  high soon. and then he goes on to say the rally could continue into june

https://www.youtube....4&nohtml5=False

 

 

 

 

my date all along has been the 26th , which the greek govt offered me a job for coming up w/that date.

while i do think the miners are undervalued, they have come a long ways , so i am cautious in here. 

mid may begins the seasonal weak time of year.  i have sold 1 stock 

dharma

Edited by dharma, 20 April 2016 - 10:54 AM.

[dharma]

here is the other link to hadik , which disappeared

https://mail.google....882?projector=1

 

dharma

[dougie]

CKG.v breakin out?

[dharma]

dougie , this is one of the largest strikes in the present time.  it has a long ways to go. we will see when riefel  lets it go

it is an open pit project which will not be as capital intensive. 

 

now there is talk of china and russia opening a joint exchange

commodities appear to have put in an important bottom

if so this will lend a base/support for the metals. 

dharma

[tria]

CKG.v breakin out?

 

Energy better than Gold ?

CHK has quadrupled.

 

 

[dharma]

yes, the energy sector , if in fact , it has turned bullish will lend support to gold

we have a reversal day in progress

 tomorrow the ecb/dragi are up  lets see their effect

dharma