Posted by Buygold
@ 10:31 on January 12, 2018
of course Levin is spot on, he’s an interesting guy to listen to
Anyone who’s been around the world know that a lot of those countries are shitholes, us deplorables know it too, Trump just said what all the rest of us say or think. So effing what?
Contrast to Pelosi trashing “5 white guys” doing immigration. That’s just flat racist from an elitist white woman. What a dingbat.
Posted by Richard640
@ 10:13 on January 12, 2018
instead of s-hole…would the traitorous, stab-in-the-back, left wing media have said a word?
Mark went on to say “why is it OK to disparage our own citizens [deplorables} but not say anything negative about any other country?
Sorry to say, this country needs martial law and a temporary fascist regime to straighten things out…
Posted by ipso facto
@ 10:00 on January 12, 2018
““wait and see”
LOL We’re Pros at that!
Posted by Buygold
@ 9:57 on January 12, 2018
I guess at least he did Silver Wheaton a favor, their shares are doing OK
“wait and see”
We do a lot of that.
Posted by Buygold
@ 9:53 on January 12, 2018
yeah maybe, we’ll see how they end up doing. Metals just drifting lower for no reason, hard to see the shares doing anything different.
Hope you’re right though.
Funny, I go into every new year optimistic about pm’s…
Posted by ipso facto
@ 9:46 on January 12, 2018
I dunno. These things are never beneficial to the acquirer in the short term. Longer term … we wait and see. Hopefully it’s successful.
Posted by Maddog
@ 9:45 on January 12, 2018
Probably only a hope…but for years now every gap opening in PM shares has been sold back to unch or lower, so maybe a few Algo’s will trade that…..but tdy it looks different, like the sellers are on their own…..buyers may spank e’m.
Posted by Buygold
@ 9:38 on January 12, 2018
Maybe Neumeyer ought to consider doing deals when his stock is a little higher.
It might be a decent longer term move but in the short term it is idiotic
Posted by Ororeef
@ 9:30 on January 12, 2018
about Trump is his similarity to Reagans plain common sence approach to problems and lack of WEASEL Political slick Willie type faults of character …The differences are Reagan had a lot of Sophisticated class with a little tinsel town gloss but Trump has Class ,but with a Industrialist builder Patina durable mentality so lacking in the country ..he’s the right man at the right time .
Posted by Buygold
@ 9:27 on January 12, 2018
rates dripping back down off the highs
G & S earlier gains still cut in half when they should be soaring
The beat goes on
Posted by ipso facto
@ 9:23 on January 12, 2018
All amounts are in U.S. dollars unless otherwise stated
VANCOUVER, British Columbia and TORONTO, Jan. 12, 2018 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (“First Majestic”) (TSX:FR) (NYSE:AG) (Frankfurt:FMV) and Primero Mining Corp. (“Primero”) (TSX:P) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) whereby First Majestic will acquire all of the issued and outstanding common shares of Primero (the “Arrangement”). Under the terms of the Arrangement Agreement, all of Primero’s issued and outstanding common shares will be exchanged for First Majestic common shares on the basis of 0.03325 of a First Majestic common share for each Primero common share (the “Exchange Ratio”).
Concurrent with execution of the Arrangement Agreement, First Majestic has entered into agreements with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. (“WPM”) whereby, following closing of the Arrangement, the current silver streaming interest at Primero’s San Dimas silver-gold mine (“San Dimas”) held by WPM will be terminated and First Majestic and WPM will enter into a new stream arrangement based on 25% of the gold equivalent production at San Dimas (the “New Stream”) with ongoing payments of $600 per gold equivalent ounce delivered under the agreement. As part of the transaction, WPM will receive 20,914,590 common shares of First Majestic having an aggregate value of $151 million.
The Exchange Ratio implies consideration of C$0.30 per Primero common share, based on the 20day volume weighted average price of the First Majestic common shares on the Toronto Stock Exchange (“TSX”) for the period ending January 10, 2018, representing a 200% premium to the weighted average price of Primero common shares on the TSX over the same period. The total transaction value is estimated at approximately $320 million, consisting of First Majestic equity to be issued to Primero shareholders and WPM described above and certain additional amounts payable in connection with the Arrangement, including repayment of all amounts owing under Primero’s existing revolving credit facility, net of Primero cash on hand and the expected repayment of Primero’s $75 million of outstanding convertible debentures and various transaction expenses.
more https://www.firstmajestic.com/news/2018/index.php?content_id=342
Nice premium!
Posted by Buygold
@ 8:54 on January 12, 2018
yeah those numbers weren’t really even that strong but that doesn’t matter to the scum
The usual, hit the VIX, bring the SM back, goose the USD, hit pm’s
I guess the inflation numbers were a little stronger, but as I told R640 the other day, it won’t help pm’s it will just cause rates to spike and the USD to strengthen – that’s exactly what we’re seeing. Course those rising rates don’t hurt the SM – no sir.
Posted by commish
@ 8:53 on January 12, 2018
Posted by commish
@ 8:50 on January 12, 2018
Posted by Maddog
@ 8:50 on January 12, 2018
Another great one….our household is still laughing at the Donalds Shithole comment…..the usual suspects have gone ape over here…..
Your so lucky to have him…our lot are PC riddled tossers.
Posted by Buygold
@ 8:45 on January 12, 2018
yep, it’s clear how this day is going to go, pretty much like every other day
I expect they’ll have pm’s red in the next hour or so.
Posted by Maddog
@ 8:42 on January 12, 2018
Rates flicked higher on the No’s…the scum are fighting on all fronts here, to keep the Rig going…..as u say 1330 is now heavy resi and of course the SM is already at new Hi’s.
10 yr Notes currently 2.585 up 2.2 % so far….eyeballing the 2.6 maginot line !!!!!!
Posted by Buygold
@ 8:37 on January 12, 2018
Retail sales & CPI came out pretty much as expected and the scum hit the sell button
We’re starting to recover a little because the USD still can’t get out of its’ own way, but that was a big dump in seconds. Of course we won’t recover back above 1330, the damage has been done.

Posted by eeos
@ 8:29 on January 12, 2018
But seriously the way we inch up over months and get smacked in one hour is completely over the top. If the Matrix pulled the shenanigans to the entire general stock market, no one would ever step foot into their casino in the first place. Dirtbags at work. Look here they come again, sell all movements to the top
Posted by Buygold
@ 7:56 on January 12, 2018
What’s that 1% down in the last two days?
Posted by Maya
@ 3:18 on January 12, 2018
Gotta love it! I spent a year in the army on the Jersey shore, with weekends in the big city. I could spot individual accents from the five burroughs as well as Jersey differences. The people are brash.
From a President, it’s refreshing.
Posted by Maya
@ 3:12 on January 12, 2018

Shovel more coal! We’re heading up the mountains
to the silver mines.
http://www.railpictures.net/photo/637613/
Posted by commish
@ 21:58 on January 11, 2018
The International Association of Sh*thole Counties demands an apology from President Trump.
Posted by Buygold
@ 21:00 on January 11, 2018
With you 1000%
Unfortunately, we are older. Our kids are brainwashed and don’t understand – meet the college educated snowflakes and hatred for their white culture.
They’ll eventually get it but by then it will be too late for them.
Posted by Ororeef
@ 20:38 on January 11, 2018
Does China allow immigration from Jamaica ? How many Africans live in China ? They buy a lots of resources from there ! China will say “Thats not who we are !” ,Stupid Americans..
The difference is Chinese Politicians dont sell out their Country or their RACE for Political votes to get elected ….democracy at its worst.