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

Buttercup – Good to see you again. I know, I’m surprised you even admitted that slacker supreme is your cousin. I forgot to mention he’s a welcher too! 🙂

FWIW, he’s going to be right eventually but he always has problems with his timing…

Ipso – I agree. GG is a good buy right now as are a lot of these poor little pigs. JMHO but we probably have another week of these doldrums, employment report next Friday will give us a lift. I’m looking for $1120 to put my last 25% back to work and that will probably be next week some time. When I said the bottom is in I meant HUI 105. I’m not sure we get there but I’m holding out for $1120. I actually hope those idiots at the fed finally raise in December because it will be one and then more QE. If they don’t it’s game over and Wanka’s 2-3K is on the table in a hurry.

Any of you guys remember the movie “China Syndrome” with Jack Lemmon? He felt something, a vibration, and knew something was very wrong.

The China Syndrome is a 1979 American thriller film that tells the story of a television reporter and her cameraman who discover safety cover ups at a nuclear power plant. It stars Jane Fonda, Jack Lemmon, and Michael Douglas,

a nuclear meltdown scenario so named for the fanciful idea that there would be nothing to stop the meltdown tunneling its way to the other side of the world (“China”). The China Syndrome, a 1979 film inspired by the scenario.

Comment:

These crazy gyrations are some day going to…You figure it out. 🙂

Goldcorp sees later production ramp-up at Cochenour mine

http://finance.yahoo.com/news/goldcorp-sees-later-production-ramp-183232268.html

Maybe a good time to buy it?

Most of those mining CEOs are afraid to mention that elephant in the room!

eeos and I would like our $250 in silver please

that goes for Macro Man too!

Where is my NSA buddy anyway?

GG’s CEO is yapping with Melissa Lee right now. No mention of paper market manipulation. Shameless.

His stock is down 10% today. He deserves it.

Goldcorp says Eleonore issues may impact mine’s 2015 output

http://finance.yahoo.com/news/goldcorp-says-eleonore-issues-may-173540302.html

http://finance.yahoo.com/news/sabina-gold-silver-files-ni-162339930.html

has a range of $1.00 yesterday and today. The thieves have run the stops at both ends of the consolidation. We will probably get a valid breakout soon. The thieves have made $5,000./ contract and taken the silver market nowhere.

rno

So um they know it’s a living plant soaking up CO2 riiiight? Dip$hits. What about composting them? These people are full of it

“We” can’t do anything, because “we” don’t run the country. “they” do. We don’t know who THEY are. They never run for office.

Until we get a rebel outsider elected, like Trump or Carson, that is disobedient to foreign special interests, and re-declares US independence and neutrality. If he gets elected and renegs on free (for all) trade treaties, the mass media will call him “leftist” for going against the global “capitalism” corporations.

After “he” gets elected, he might die in a plane crash, or get poison in his food. If he’s allowed to live, it means the global status quo guys want it the new way (better for USA consumer) out of necessity.

THE FOUNDATION

“During the course of administration, and in order to disturb it, the artillery of the press has been levelled against us, charged with whatsoever its licentiousness could devise or dare. These abuses of an institution so important to freedom and science are deeply to be regretted, inasmuch as they tend to lessen its usefulness and to sap its safety.” —Thomas Jefferson, 1805

wj

Perfect. Seems about right. 🙂

Ryan said that “not many people can match Speaker Boehner’s accomplishments”

He’s got that right.

They’ve taken out $1150. Now we’ll see if whatever longs are still in panic out and they can push it down hard.

We Must Oppose Obama’s Escalation in Syria and Iraq!

by Ron Paul, October 29, 2015

Print This | Share This

On Monday, Secretary of Defense Ashton Carter appeared before the Senate Armed Services Committee to outline a new US military strategy for the Middle East. The Secretary admitted the failure of the US “train and equip” program for rebels in Syria, but instead of taking the appropriate lessons from that failure and get out of the “regime change” business, he announced the opposite. The US would not only escalate its “train and equip” program by removing the requirement that fighters be vetted for extremist ideology, but according to the Secretary the US military would for the first time become directly and overtly involved in combat in Syria and Iraq.

As Secretary Carter put it, the US would begin “supporting capable partners in opportunistic attacks against ISIL (ISIS), or conducting such missions directly, whether by strikes from the air or direct action on the ground.”

“Direct action on the ground” means US boots on the ground, even though President Obama supposedly ruled out that possibility when he launched air strikes against Iraq and Syria last year. Did anyone think he would keep his word?

President Obama claims his current authority to conduct war in Iraq and Syria comes from the 2001 authorization for the use of force against those who attacked the US on 9/11, or from the 2002 authorization for the use of force against Saddam Hussein. Neither of these claims makes any sense. The 2002 authorization said nothing about ISIS because at the time there was no ISIS, and likewise the 2001 authorization pertained to an al-Qaeda that did not exist in Iraq or Syria at the time.

Additionally, the president’s yearlong bombing campaign against Syrian territory is a violation of that country’s sovereignty and is illegal according to international law.

Congress is not even consulted these days when the president decides to start another war or to send US ground troops into an air war that is not going as planned. There might be notice given after the fact, as in Secretary Carter’s testimony today, but the president has (correctly) concluded that Congress has allowed itself to become completely irrelevant when it comes to such grave matters as war and peace.

I cannot condemn in strong enough terms this ill-advised US military escalation in the Middle East. Whoever concluded that it is a good idea to send US troops into an area already being bombed by Russian military forces should really be relieved of duty.

The fact is, the neocons who run US foreign policy are so determined to pull off their regime change in Syria that they will risk the lives of untold US soldiers and even risk a major war in the region – or even beyond – to escalate a failed policy. Russian strikes against ISIS and al-Qaeda must be resisted, they claim, because they are seen as helping the Assad government remain in power, and the US administration is determined that “Assad must go.”

This is not our war. US interventionism has already done enough damage in Iraq and Syria, not to mention Libya. It is time to come home. It is time for the American people to rise up and demand that the Obama Administration bring our military home from this increasingly dangerous no-win confrontation. We must speak out now, before it is too late!

Reprinted with permission from RonPaulLibertyReport.com.

http://original.antiwar.com/paul/2015/10/28/we-must-oppose-obamas-escalation-in-syria-and-iraq/

To each their own, some people do their own work  too.

why am I not jumping for joy?

Maybe it’s because the Democraps are so happy he’s the new speaker.

Ecuador aims to attract $750M in mining investment next year

Ecuador aims to attract $750M in mining investment next year

Gold is down $22 from yesterday’s Comex close but only down $5 from the end of the day.

It does look like the boyz are going to try and push gold below $1150. I suppose if they do the shares might get going to the downside.

Still, the fact that NEM and ABX are up 6% is odd don’t you think? That action is definitely a “divergence”

wj

“bottom’s in”

I think so too my friend. It’s not Joe 6Pack that’s moving the SP on the those big issues.

Fingers crossed.

Simply put, you just have to be out of the office, in the field and drilling holes if you want to be making discoveries says legendary explorationist and geologist, Dave Lowell, in his book Intrepid Explorer – The Autobiography of the World’s Best Mine Finder.

Lowell—this past century’s most successful mining explorationist having discovered an unprecedented seventeen ore bodies including the world’s largest copper mine—distilled his years of wisdom into nine rules on making discoveries. Reprint of the nine rules was generously permitted by Sentinel Peak, The University of Arizona Press.

I have a number of exploration rules that I follow:
1.Ore is rock which can mined at a profit. Low grade is sometimes mineable, and high grade is sometimes not.
2.Mines are found in the field, not the office
3.Mines are now almost always found by drilling holes, so if no part of the budget is spent on drilling there is almost no chance of success. (Pierina was the rare exception.)
4.Exploration is a cost/benefit business. Expensive high-precision core drilling is often used when low-precision low-cost rotary drilling would suffice. In the Atacama Project we spent $3 million on wide-spaced rotary drill holes. If we had used core holes our budget would have run out when less that half the holes were drilled including those that found the Escondida and Zaldivar orebodies. The same logic applies to all other exploration costs.
5.High-tech devices and geophysical surveys are very rarely of value in mine discovery. There should be an almost metaphysical communication between the rocks and the successful explorationist in which the rocks talk to the explorationist. If he turns part of this job of geological mapping over to a high-tech gadget, he may look good to uniformed management, but he is less likely to find a mine.
6.It is important to have a good understanding of the target he is looking for, including understanding some mining engineering, metallurgy, mine finance, and mineral economics. He is not looking for a scientific curiosity; he is looking for a mass of rock which can be made into a mine. I believe my mining engineering and mine production work has been very important in my exploration success.
7.Mineral exploration, like investing new blockbuster drugs, has a very low probability of success. Only one out of three hundred to fine hundred attractive targets become a mine. You have to accept the fact that you usually be wrong. I’d guess that only one out of thirty well-trained exploration geologists ever actually find a mine. However, if an explorer has found one mine, statistically he is likely find others.
8.Finding mines is a high-risk business. In addtion to the geological risk are the political risk, the metal price risk, the mine financing risk and the timid, incompetent management risk. Success is the summation of a list of well-evaluated risks.
9.My last facto, which you don’t find in training manuals or classroom or mining articles, is the freedom to plan you own exploration project without interference of the company rules or tradition or interference by supervisors who are as good as prospector as you.

more http://www.mining.com/nine-rules-for-exploration-success-from-the-worlds-best-mine-finder/

The shares look surprisingly good so far. Pretty sure the bottom is in on the shares.