Drag those delinquent miners higher!

but buyers keep coming at them.

Concur

The action in the miners pretty much stinks.

I sold a little more.  Everything pm should be doing better, especially with the weak dollar.

I’m sure in some of these cases where the government is de facto seizing the mine the mine owners must be tempted to just say “screw it” and blow the whole thing up!

It’ll be a Fun day in Court if a Latino Judge presided over this case and had to pronounce KYRGYZALTYN  !

any good Trumpster will know what to do !.  he will borrow Gold and sell it ! get the cash out of the country and leave the Bank with a mortgage on the Gold Mine as collateral to be paid in Gold.   Then the Banks get their Gold …all they have to do is get it out of the Ground !  its in “deep storage”   hehe    hahaha    checkmate !

aren’t rigged. What a waste of time

is right selling Gold & Silver Streams is selling your Future .!  and if what you have left is going to keep you in business….maybe .

The price will need to be awfull high for that to work !   Risky business…for everybody ..the small guys that dont monetize their streams will become victims of the Predators unless they go Private !   Thats why McEwen keeps 27% of his shares himself …will it be enough to keep them at bay ?   Big Private buyers will gobble them up like the Banks with their unlimited Paper credit !  one Great BIG Foreclosure is the end game !  The Banks own everything and its all worthless because nobody will work the Mine !  so it stays in the Ground where it should have stayed if it wasent profitable to mine in the first place ! because a mine is a wasting asset.

Management is trying to keep a pay check coming in until they either run out of Gold or the Price rises which ever comes first ….

the old adage the Market can stay down longer than you can stay solvent is at play !

Scientists find new way to extract uranium from seawater

VANCOUVER (miningweekly.com) – A resolution to the drawn-out dispute between Canadian gold producer Centerra Gold, the Republic of Kyrgyzstan and State miner Kyrgyzaltyn could potentially be reached by mid-year, the multinational miner said in its year-end results statement issued late on Thursday.

Centerra, which in January filed a request for a partial award or interim measures against the Kyrgyz Republic with the Permanent Court of Arbitration, is seeking an award ordering the Kyrgyz Republic withdraw or suspend its claims relating to environmental, dividend and land use accusations, and related decisions and court orders.

cont. http://www.miningweekly.com/article/high-noon-approaches-for-centerra-kyrgyz-disputes-as-cash-reserves-dwindle-2017-02-25

let’s see if they do. ????

Santacruz to Transfer the El Gachi Property to First Majestic for US$2.5 Million

http://finance.yahoo.com/news/santacruz-transfer-el-gachi-property-180500367.html

Lundin Gold Inc. Reports 2016 Results

http://finance.yahoo.com/news/lundin-gold-inc-reports-2016-000000199.html

Australia’s 2016 gold output highest since 1999 -survey

http://finance.yahoo.com/news/australias-2016-gold-output-highest-010000338.html

Fortuna Updates Reserves and Resources

http://finance.yahoo.com/news/fortuna-updates-reserves-resources-100000785.html

Integra Gold Announces Updated Preliminary Economic Assessment: Pre-Tax NPV of C$602 M and IRR of 55% (After-Tax NPV of C$363 M and IRR of 43%) at US$1,250 per Ounce of Gold

http://finance.yahoo.com/news/integra-gold-announces-updated-preliminary-110000167.html

Taseko Monetizes By-Product Silver Stream for US$33 Million

http://finance.yahoo.com/news/taseko-monetizes-product-silver-stream-110000293.html

Primero Announces $75 Million Term Loan Refinancing and Organizational Review

http://finance.yahoo.com/news/primero-announces-75-million-term-115000308.html

Golden Star Announces Mineral Reserve and Mineral Resource Update

http://finance.yahoo.com/news/golden-star-announces-mineral-mineral-115500274.html

SEMAFO Reports 2016 Reserves and Resources

http://finance.yahoo.com/news/semafo-reports-2016-reserves-resources-120000480.html

Kirkland Lake Gold Beats 2016 Unit Cost Guidance; Provides 2017 Cost Outlook

http://finance.yahoo.com/news/kirkland-lake-gold-beats-2016-123000022.html

Sabina Gold & Silver Announces Back River Environmental Impact Statement Addendum Filed and Accepted by NIRB

http://finance.yahoo.com/news/sabina-gold-silver-announces-back-130000126.html

That sounds like good advice to me.

It will be interesting to see how things shake out in March with the debt ceiling.

Stockman is partially right except that default is not the only option Trump has. He can tell the Bondholders …”ya see those 5 year Bonds ya Got ..they are now 10 year Bonds ..and those Ten year Bonds Ya got there now 20 year Bonds ..ya money is safe ..ya just got to wait a little longer to get PAID…Its the secondary market that going to get hit as they mark the Bonds to Market and price takes into account the longer wait period and DISCOUNTS the Bonds in the resale Market to reflect the current price of a future payment  thats further out into the Future ……InThe immediate budget Trump is going to allocate who gets paid with the available cash first and the rest will wait in line reflecting the same scenario as the Bond Market ..We owe it to ya ..ya just have to wait to get paid a little longer  ..in the meantime we will give you some script (IOU)or food stamps to help ya through.Then ya Foreign Bondholders who threaten us ..remember we have the biggest MILITARY in the World ,so ya better accept the new terms.! So YA call this Government a Casino …yeah just remember Trump ran Casino ‘s  he knows all about the Casino business and when to and how to get out of it….He is uniquely qualified to be President at this time in History.  You debt holders guess what..when we get invited to have a creditors meeting ….when we leave the creditors meeting you will give the US more credit or you will never get paid …so think about how draconion ya want to make the terms before yo go down that Path !  When we owe you a billion we got a problem ,when we owe you 20 Trilliion you got a problem…

I been there …done that …at a creditors meeting in 1969  ..I know what Trumps options are …I got PAID ! The little guys will get paid first so they dont rock the BOAT and crash the deal ..ITS the BIG guys that have to make a DEAL and wait for their money ! I repeat I got PAID as I threatened the BIG guys at the creditors meeting Ill throw the whole thing into Bankruptsy if I dont get paid ( a small creditor) ..they all agreed and I got PAID.   Eventually everybody got PAID ….They had to keep them in business to get paid….the big guys just had to wait a little longer..   Trumps been there done that ! I know what he’s thinking !   A DEAL !

on the debt with Treasury issued currency backed by the taxpayer . at the same time the Federal Reserve notes are paid down with FRN’s .both can circulate together .Treasury issued currency can keep interest rates at ZERO  forever .Fed Reserve Notes can enter the secondary markets as JUNK with higher RATES. same as Junk Bonds.Two tiered currency ,one domestic ,one foreign.

The current system dosent allow for the interest on debt to be paid because the currency to pay the interest is never printed ! therefore someone has to go bankrupt so someone else can pay his interest because the currency to pay the interest dosent exist.  ALL Currency enters the system as DEBT and theres the problem.   Interest cannot be paid with a currency that enters the system as DEBT.It must enter debt free as a preferred currency .LIKE a Gold BACKED currency ! payable in Gold that is NOT someones else debt !

Time to get moving.  The Santa Fe silver train awaits us.
http://www.railpictures.net/photo/604801/

He may be right this time around…in the U.S. horoscope transiting Uranus (upsetting events) is and will continue to be square natal 8th House (banking industry, national debt and the treasury) Mercury ( documents, buying and selling) through the 3rd week of April 2017.  Under this planetary influence people are tempted to make rash, impulsive decisions making business transactions difficult, especially because new information and data are moving very rapidly.  Bankers may take it on the chin, as will traders doing buying and selling.

Venus, ruling currency, turns retrograde on March 4th through April 14th while Jupiter, ruling wealth, turned retrograde on Feb. 6th and won’t be in optimum mode again until June 8th.  This does not bode well for our monetary situation.

My suggestion is to stock up on popcorn and chocolate and lay low.

Stockman: “After March 15 Everything Will Grind To A Halt”

by Tyler Durden

Feb 26, 2017 3:50 PM

Two weeks after David Stockman warned that “the market is apparently pricing in a huge Trump stimulus. But if you just look at the real world out there, the only thing that’s going to happen is a fiscal bloodbath and a White House train wreck like never before in U.S. history” and exclaimed that, when looking at markets, “what’s going on today is complete insanity” he is back with another interview, this time with Greg Hunter of USAWatchdog in which he, once again warns, that a giant fiscal bloodbatch is coming soon, and urges listeners to pay especially close attention to the March 15, 2017 debt ceiling deadling, at which point everything could “grind to a halt.”

http://www.zerohedge.com/news/2017-02-26/stockman-after-march-15-everything-will-grind-halt

I definitely sort of hope he’s right in terms of where he thinks gold and silver are going. On the other hand, he does seem to be the boy who cries wolf and has been for awhile now.

Nostradamus said fiat currency dies by 2020. Who the hell knows? Was really hoping Trump would be able to fix things and drain the swamp.

Best

http://mintnewsblog.com/u-s-mint-releases-annual-report-for-fy-2016/

Recently ICE came upon a construction site and took some of the illegals working there. One of them ran off so the Forman took his tools for safe keeping till he came back. When the guy came back he was speaking in Spanish. The Forman could speak some Spanish but asked if he could speak in English. The guy said he doesn’t like the English language doesn’t like whites or Americans either blaming it on Trump. He got fired, because he couldn’t be trusted Im guessing.
Despite Browns posturing it’s happening even in Calif. I wonder how long it will be before these businesses start getting fined.

Ironic how these snowflakes want to let anyone come into the country yes their ancestors paid for but then need their safe space.

In Calif off the hook Brown continuing his carnage to the American people is going to cut funding to American citizens in college for the middle class while giving it to the illegals. Reminds me of Obama trying to do as much damage as he can while he can and if someone comes along later to undo it it she’ll be called racist.

https://www.youtube.com/watch?v=7xgNncFHAng