OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Greece debt crisis: Eurozone backs reform plans

Eurozone finance ministers have approved reform proposals submitted by Greece as a condition for extending its bailout by four months, officials say.

The Eurogroup said it had agreed to begin national procedures – parliamentary votes in several states to give the deal final approval.

The measures offered by Greece include combating tax evasion and reforming the public sector.

But the head of the IMF said they lacked “clear assurances” in key areas.

Greece’s debt stands at more than €320bn (£237bn), and its current €240bn bailout expires on Saturday. Fresh funding will not be released until Greece’s proposals are approved in detail.

The stakes of talks over continued financial aid have been high because of fears of a Greek default that could push it out of the euro, triggering turmoil in the EU.

The main stock market in Athens rose by nearly 10% on Tuesday afternoon, hitting a three-month high.

more http://www.bbc.com/news/world-europe-31606986

You’re welcome Equis. 🙂

Yeah I miss cannuckgold and a bunch of other people as well. I suspect most will be back when our market turns up and maybe we’ll get some new posters as well.

I miss having Cannuckgold to chat with on this forum because as a native son of Saskatchewan I could discuss natural resource matters of common interest to us in that province. Thanks for continuing to post news clips from the mining industry on this forum. I appreciate your efforts to bring them to our attention. Cheers. Equiz

But same time NFLX and many others have gone from $50 to $500. but no bubble here move along nothing to see

Saskatchewan is the most attractive jurisdiction for mining investment in Canada, and the second best worldwide, according to the latest annual global survey of mining executives released Tuesday by the Fraser Institute.

Canada’s policy think-tank’s Annual Survey of Mining Companies 2014, rates 122 jurisdictions around the world based on their geologic appeal and the extent to which government policies encourage exploration and investment.

This year, the potash and oil-rich prairie province was placed at the top by executives surveyed between August 26 and November 15, 2014.

more and rest of list: http://www.mining.com/canadas-saskatchewan-second-only-to-finland-as-worlds-top-mining-destination-55828/

The way things work this is probably a positive.

Hedge funds raise bearish gold price bets by 44%

Zambia president says to prevent job losses at Barrick Gold’s mine

23rd February 2015 By: Reuters

LUSAKA – President Edgar Lungu said on Monday his government would not allow mining jobs to be lost at Barrick Gold’s Zambian copper mine after the company said it plans to close the business due to high royalties.

More than 2 000 unionised workers at the Lumwana copper mine owned stopped work on Monday demanding to know what will happen to them when the company closes the business.

“The Head of State has assured that government will not allow a single mining job to be lost and has accordingly directed the Ministry of Mines to ensure that operations at Lumwana Mine are not idled for care and maintenance,” he said in a statement.

end http://www.miningweekly.com/article/over-2-000-workers-strike-at-barrick-gold-zambia-copper-mine-2015-02-23

$1201 now my friend. That glass is half full. 🙂

only 37 pts. from 5K

Up ten straight days in a row.

Gold came all the way back to $1200, where it was summarily stuffed when the boyz dumped their meager long positions.

…..and the beat goes on…..

NIRP Officially Arrives In The US As JPM Starts Charging Fees On Deposits

http://www.zerohedge.com/news/2015-02-24/nirp-officially-arrives-us-jpm-starts-charging-fees-deposits

Yeah well ya know I’m a stickler for law and order. 🙂

I take back everything I said aboutcha Janet.

yeah, I don’t know. 6 months probation might be a little stiff. $100 fine is a little heavy too. 🙂

Yellen is speaking.

My prediction of the consequences … $100 dollar fine and probation for six months.

The ONLY really good years were 1945 to 1975, and it was not intended. Any prosperity after 1975 was false and misleading. Artificial stock market booms, retail store booms and real estate booms. No more manufacturing and higher wages booms after ’75, unless they were supported by tax PAYERS for space and defense spending related.

Does it even matter why anymore?

According to the WSJ, “prosecutors in the Justice Department’s antitrust division are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the Commodity Futures Trading Commission has opened a civil investigation, these people said. The agencies have made initial requests for information, including a subpoena from the CFTC to HSBC Holdings PLC related to precious-metals trading, the bank said in its annual report Monday.

HSBC also said the Justice Department sought documents related to the antitrust investigation in November. The two probes “are at an early stage,” the bank added, saying it is cooperating with U.S. regulators.

Who is involved in this latest gold-rigging scandal? Why everyone! … which makes it immediately obvious why the European regulator had to promptly cover up the whole affair. Under scrutiny are Bank of Nova Scotia , Barclays PLC, Credit Suisse Group AG , Deutsche Bank AG , Goldman Sachs Group Inc., J.P. Morgan Chase & Co., Société Générale SA, Standard Bank Group Ltd. and UBS AG , according to one of the people close to the investigation.

http://www.zerohedge.com/news/2015-02-23/ten-banks-including-jpm-goldman-deutsche-barclays-socgen-and-ubs-probed-gold-rigging

http://www.reuters.com/article/2015/02/24/us-usa-alaska-marijuana-idUSKBN0LS0ZH20150224

Islamic State in Syria abducts at least 90 from Christian villages

http://www.reuters.com/article/2015/02/24/us-mideast-crisis-christians-idUSKBN0LS0MH20150224

VAL-D’OR, QUEBEC–(Marketwired – Feb. 23, 2015) – Metanor Resources Inc. (“Metanor”) (TSX VENTURE:MTO) announces that an extraordinary resolution (the “Resolution”) has been approved by the holders of over 66 2/3 % of the aggregate outstanding principal amount ($10.0 million) of the Subordinated Secured Convertible Debentures, issued August 22, 2012, (the “Debentures”), as required under the debenture indenture, which extends the maturity date of the Debentures by 24 months, to August 22, 2017, conditional upon an equity financing of a minimum amount of $3.0 million being completed and an immediate repayment of $1.0 million in principal, plus accrued interest, of the Debentures allocated to the Debentureholders, pro rata, as payment on account of the outstanding capital on the Debentures. The Resolution also grants Metanor the right to repurchase the Debentures, at any time, in whole or in part, prior to the extended maturity date.

Concurrent Brokered Private Placement

Metanor announces that it will be offering by private placement through Secutor Capital Management Corp. and Marquest Capital Markets, a maximum of 66,666,667 units priced at $0.06 each, which consist of one common share and one half (1/2) of one common share purchase warrant having an exercise price of $0.075 and a term of 24 months, for maximum proceeds of $4.0 million (plus a 15% over allotment option).

The closing of the private placement is conditional upon Metanor having received subscriptions in the minimum amount of $3.0 million (50,000,000 units) in order to give effect to the Resolution approved by the Debentureholders. The proceeds of the offering will be used for general corporate purposes, exploration work on Metanor’s Quebec properties and for the partial capital repayment, of $1.0 million,of principal of the Debentures. In connection, with the private placement, the agent will receive a cash fee equal to 9% of the gross proceeds raised and will receive non-transferable broker warrants, in a quantity equal to 9% of the gross proceeds raised.

All securities issued will be subject to a four month hold period and these transactions remain subject to the approval of the TSX Venture Exchange.

A nagging thought … what if “Boss” is doing better than us …

Coastal Gold Files NI 43-101 Technical Report for High Grade Mineral Resource at Hope Brook Gold Project, Newfoundland

http://finance.yahoo.com/news/coastal-gold-files-ni-43-130000618.html

SEMAFO: Mana SAG Mill Up and Running

http://finance.yahoo.com/news/semafo-mana-sag-mill-running-132950208.html

http://dilbert.com/series/62-Boss-gives-Asok-investment-advice