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

Giustra sold out of his position because he didnt want any one to say it was his connection to the Clintons that was making him politically connected to make money  .Giustra was right ..it is a political Football because a former Republican Senator from Maine was Lead Council to try and get EPA to back off.  Mexicos richest Man was his Partner ..Clinton had the Political influence at EPA ..Giustra had the Financial know how to Structure the Deal with borrowed money ..in case it didnt work . Giustra realized he could be charged with a crime of peddling influence and the Clintons have become TOXIC ..!So he felt  he dosent need to become a TARGET if an accident happened at the Best SALMON fishing grounds in the World where this Pebble Project is located !   He dosent need the BAD Publicity as it would effect all future deals he makes ..He simply dont want trouble and he dosent need the money ..he’s too rich for that risk ,he would become the Target of Lawsuits .and his career would be over as a Financial mine developer. Thats what he does,and he’s the Best at it.. Carlos Slim the Mexican Partner is not a Canadian or American so he’s not subject to Lawsuits from Canada if an Accident happens.  The Clintons dont care they have Foundation lawsuit Protection behind dozens of Corporations.

NAK is a HIGH RISK venture ! What could possibly go wrong ?   Dont ask Giustra !  Its too risky for him !

What are the Worlds best Salmon Breeding grounds worth ?  .A lot more as a renewable resource than a wasting mine asset  would be..even at a Billion $…..EPA is right on this deal ! IMHO….

Giustra realized…The Clintons are TOXIC  !

Ben Nelms for National PostStories from the U.S. “are making me look like a very horrible person,” Frank Giustra complains.

then lent on the mkt non stop into the close…no natural mkt trades like this.

Still Gold is down 8 days running now and even the Algo’s recognise that statistically that is dangerous for shorts……meanwhile the scum give a damn and short endlessly and the SEC are miles deep in porn !!!!!

Not horrible, just enough to irritate.

Hi Farmboy, it doesn’t make any sense. It keeps confounding me. They are preaching classic Keynesian economics like more gov’t spending and higher national debt. As if there was a LACK of or SHORTAGE of  gov’t spending and not enough national debt.

When the PRIMARY problem is (imports of people and product causing) the masses wages were not indexed with accurate cost of living increases, so are net under paid, and under taxed in constant 1975 dopeys.

AND WHY IS TRUMP NOT BASHING THE DEPT OF LABOR, THAT CREATES THE FAKE CPI?

Young man cowboy and wife were killed trying to save cattle and another man rancher were killed.

http://amarillo.com/news/local-news/2017-03-07/texas-panhandle-wildfires-take-lives-burn-nearly-500000-acres

Seems every time the HUI and XAU try to claw their way from being negative, the dollar notches up another tick or two. Think we would be having a decent bounce in the PM’s today otherwise.

Hi Rich, thanks for the info. Appreciated. I’m sticking to my original views, one of which, the entire world is having problems with manipulated yo yo value floating value currencies like the yo yo market value of lobster.

Interesting that CEF is up over 3% on a PM down day!

Just seems like things are playing out like they used to with miners leading on the up and downside.

Mike Ballinger:

I have been warning all of you against rushing to replace your miners (“HUI”) and the various ETF positions due to the numerous dead-cat bounces since the breakdown in late February which were the same type of bounces that lured me back in too early on previous occasions. Whenever I ignore the optimum entry point for the RSI, I end up getting punished so here we are at 31.29 for the HUI’s RSI which is, incidentally, the very place where they have turned IN EARNEST since the bottom in late 2015. Now, the vast majority of letter writers here at the PDAC in Toronto are unanimously insinuating that gold “might” have a corrective phase in here corresponding to the seasonal tendency for downside in March-April.

However, if you observe the seasonality chart for gold, you can see how mid-April offers such a superb entry point so the question “Do you sell here into the PDAC curse?” is “NO” because the bulk of the decline could quite easily ber behind us, especially with the RSI for the HUI now a tad above 30. The same applies to my number one trading vehicle for the mining stocks, the Junior Miner ETF (“GDXJ”) which was sporting an RSI above 75 back on Feb. 12th with the stock at $42.50. I warned you against the KoolAid guzzling which was rampant at the time because every single top had occurred from an RSI above 70 so now with the stock at $33.42, I see another $5 downside before the RSI breaks 30. However, that could be here by the end of the week so stay sharp and on your toes.

SIL–Day’s Range 32.37 – 33.50

Not a shred of technical evidence suggesting some kind of bottom but now is when ya gotta take a stab…or wait for the technicals–after missing 30-40% of the move off the lows–all that brave talk said…I’m still flat…but lurking. Jobs report on Friday but it hasn’t had much lasting impact lately.

but not as aggressive and The General is catching a bid…..good call Buygold/Farmboy

Damn the torpedos. Full speed ahead.  I just bought some NAK. 🙂 And the EXK I bought is 2.83% higher than my buy this morning.

5 hrs ago, VANCOUVER, March 8, 2017 /CNW/ – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) (“Northern Dynasty” or the “Company”) announces that its 100%-owned subsidiary Pebble Limited Partnership (“Pebble Partnership” or “PLP”) has selected HDR Alaska, Inc. (“HDR”) to serve as lead regulatory and permitting consultant for the Pebble Project, with the goal of preparing necessary documentation to initiate federal and state permitting

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/987-tsx/ndm/30116-northern-dynasty-minerals-pebble-partnership-retains-lead-regulatory-consultant-to-initiate-project-permitting.html

Director Shaoyang Shen purchased 17,000 shares of the stock in a transaction dated Thursday, March 2nd. The stock was bought at an average cost of C$12.95 per share, with a total value of C$220,150.00.

https://www.thecerbatgem.com/2017/03/08/pretium-resources-inc-pvg-director-purchases-c220150-00-in-stock.html

Pretium Resources Inc (PVG) is Upgraded by RBC Capital Mkts to ” Outperform” 4 hrs ago.

Pretium Resources Inc (PVG) was Upgraded by RBC Capital Mkts to ” Outperform”. Earlier the firm had a rating of “Sector Perform ” on the company shares. RBC Capital Mkts advised their Clients and Investors in a research report released on Mar 8, 2017.

https://www.highlandmirror.com/2017-03-08-pretium-resources-inc-pvg-is-upgraded-by-rbc-capital-mkts-to-outperform

I’m optimistic for Gold and Silver. In fact it feels like a ‘buy EXK day or a buy MUX day. EXK I think took the biggest hit this past month, like 40%. Still up 100% though from Jan 2016. In fact, I just bought some EXK at 2.97.

We’ll see gents. Definitely not great for the shares, but seems like it should be worse.

Enjoy and good luck at the conference. Hope its a productive one for you.

“I’m always wrong but it still looks to me like the shares are trying to find a bottom.”

“Wrong” Let’s hope not amigo, I prefer that your thought is God’s Honest Truth!

Cheers

Pot for pets: Owners treat sick animals with cannabis

SAN FRANCISCO (AP) — Michael Fasman’s 12-year-old dog, Hudson, limps from pain caused by arthritis and an amputated toe, but Fasman doesn’t want to give her painkillers because “they just knock her out.”

So the San Francisco resident has turned to an alternative medicine that many humans use to treat their own pain and illness: marijuana.

On a recent morning, Fasman squeezed several drops of a cannabis extract onto a plate of yogurt, which the Portuguese water dog lapped up in seconds. It’s become part of Hudson’s daily routine.

“We think it’s really lifted her spirits and made her a happier dog,” Fasman said. “It’s not that she’s changed. She’s just back to her good old self.”

As more states legalize marijuana for humans, more pet owners are giving their furry companions cannabis-based extracts, ointments and edibles marketed to treat everything from arthritis and anxiety to seizures and cancer.

cont. http://hosted.ap.org/dynamic/stories/U/US_POT_FOR_PETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2017-03-08-07-51-15

I’m not sure it’s a JDST day. The shares looked yesterday like they were tired of going down to me. They’ll open down again of course but it doesn’t look commensurate with the loss in the metals.

I’m always wrong but it still looks to me like the shares are trying to find a bottom.

USD is relentless, bonds are breaking down maybe? Nothing working in pm’s favor, nothing in the future looks good for pm’s either, but IMHO the shares will bottom first…

That was a whopper of an ADP Report. I’m at a conference, everyone thinks the economy is going to get better and the orders are starting to flow. If we have anything going for us, it’s that we’re headed for some good old fashioned inflation.

CORRECTION: Amarillo Gold’s Updated Pre-Feasibility Study at Mara Rosa delivers Post Tax IRR of 35% with a 2.2 year payback @ $1200/oz Au

http://finance.yahoo.com/news/correction-amarillo-golds-updated-pre-210455371.html

Eric Sprott Announces Updated Position in Metanor Resources Inc.

http://finance.yahoo.com/news/eric-sprott-announces-updated-position-210100151.html

Newstrike Resources Ltd. Announces Completion of $3,125,000 Financing in Connection With Proposed Business Combination

http://finance.yahoo.com/news/newstrike-resources-ltd-announces-completion-215937677.html

Copper Lake Acquires Four Gold Properties in NW Ontario

http://finance.yahoo.com/news/copper-lake-acquires-four-gold-222000830.html

Northern Dynasty: Pebble Partnership retains lead regulatory consultant to initiate project permitting

http://finance.yahoo.com/news/northern-dynasty-pebble-partnership-retains-113000032.html

SEMAFO Reports Cash Flow from Operations of $142.2 Million in 2016

http://finance.yahoo.com/news/semafo-reports-cash-flow-operations-120000023.html

Paramount Gold Executes Memorandum of Understanding With Regulators on Process to Permit its Grassy Mountain Gold Project in Oregon

http://finance.yahoo.com/news/paramount-gold-executes-memorandum-understanding-120000604.html

Mariana Resources Ltd : Hot Maden Gold Copper Project- NI43-101 Preliminary Economic Assessment Lodged on SEDAR

http://finance.yahoo.com/news/mariana-resources-ltd-hot-maden-120819800.html

Osisko-IDM Early Warning Release

http://finance.yahoo.com/news/early-warning-release-130000505.html

AuRico Metals Inc. Completes Acquisition of Kiska Metals Corporation

http://finance.yahoo.com/news/aurico-metals-inc-completes-acquisition-140000478.html

Maya Gold & Silver: Corporate Update

http://finance.yahoo.com/news/maya-gold-silver-corporate-140031448.html

What ya think Buygold? Looking like a JDST kinda day??

http://www.cnbc.com/2017/03/08/private-sector-jobs-february-2017-adp.html

Comment: This should be good for gold. More people have a paycheck, thus more folks buying gold ! (Or not ) 🙂