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

Acacia Mining (LON:ACA), Tanzania’s No.1 gold producer, announced Monday that it will reduce operational activity at its Bulyanhulu Gold Mine.

“The decision was driven by unsustainable cash outflows at the mine due to the concentrate ban and the operating environment,” officials said in a statement.

Acacia is in the midst of a bitter dispute with the Eastern African country’s government, whose mining authorities imposed a ban on exports of unprocessed ore to encourage the construction of a local smelter. The move, which took place in early March, prompted a collapse of the London-listed firm’s stock value.

more http://www.mining.com/acacia-pulls-back-major-gold-mine-tanzania/

My portfolio does not believe it. I’m barely off of my portfolio lows. It’s very unimpressive. It’s actually pathetic.

You bet. That one’s been a rocket ship. Tough to know where to buy with something like that. Good luck!

Thanks for posting the news about Novo. I’ve been waiting for the stock to dip below $3 (according to Morris Hubbart; his charts say $2.50-$2.60 would be a good buying range). Also, a large amount of stock, from a previous PP, is freed up right after Labor Day. Its hard to ignore a 35% investment by NEM, and now a sizeable investment by KL. They’ll have close to $70 million in cash on hand. A very interesting theory about the old rock in Western Australia (Witswatersrand) being washed over by acidic seas that can dissolve gold. The CEO Hennigh has had this theory since the early 1990’s. If he’s right, this stock has HUGE upside……

http://www.marketwired.com/press-release/kirkland-lake-gold-announces-agreement-strategic-investment-novo-resources-corp-tsx-kl-2232386.htm

Following North Korea’s nuclear weapons test Sunday, sales of silver bars soared by 10 times on Monday, according to the Korea Gold Exchange.

http://www.koreaherald.com/view.php?ud=20170904000879

Maya  02:01   No matter what happens with Bitcoin …….. you nailed it !!

Converting fiat and bits for Gold

Awesome.

Anyone in the path of the hurricane, be safe !

Morning Friends

Winedoc

After touching $5k it has sagged considerably back to the $4100 range and looking weak.  Looks like I got out at a good time.

Canada 150 VIA ’The Ocean’
http://railpictures.net/photo/628211/

“Do you actually need firewood in Florida? ”

when some people think of florida they see miami beach with bimbos in bikinis, coconut palms in the background.  maybe two percent of florida is like that.   …some of the time.

Hopefully it will go north and out to sea but it looks now it’s heading straight by to the islands and probably brush by the Keys. There is something people missed in the Galatic plane. It didn’t mean the end of the world but we’re going around again. That to me means what ever the stars had in store along the way we’re going back. If we look back in time the earth has been through a lot of things and some related to space. There’s a reason we were all one type blood at one time Type O and why they are the universal doner. People back then survived though some real catastrophes even radiation which could of caused the changes. Mass fires from celestial showers to giant tsunamis. We may not of been even here yet during some of them like the one that wiped out the dinosaurs and other species along the way but we will ” maybe if man doesn’t kill him self” be there next time.
Do you actually need firewood in Florida?