Posted by Alex Valdor
@ 12:18 on January 16, 2019
Anaconda is the one …I had forgotten the name .
Posted by winedoc
@ 11:59 on January 16, 2019
Yes, Nova Scotia gold is getting sexy !! Prone to high grade narrow quartz vein deposits all along the coast.
Atlantic Gold V.AGB is open pitting at around 2 gm per ton and making good profits. Eric Sprott in on this one.
Anaconda Mining T.ANX is a producer in NFLD but is developing the Goldboro property which is high grade narrow view deposit. Hoping to do a shallow open pit and chase high grade underground at depth, I would say they are 2-3 yrs behind in development from where Atlantic Gold was in the past.
I am a shareholder of ANX and am biased.
Bob Moriarty has written up ANX several times as have other newsletter writers and as recently as yesterday
http://www.321gold.com/editorials/moriarty/moriarty011519a.html
DYODD
Winedoc
Posted by drb2
@ 11:39 on January 16, 2019
I couldn’t agree more with what you said.
How I wish the mining company CEO’s could be sued into oblivion by their shareholders. They could stop the rig in a nanosecond if they had the desire.
There is not a snowball’s chance of that happening.
Posted by deer79
@ 11:23 on January 16, 2019
I couldn’t agree with you more. Shareholders of miners have gotten the royal screw job all these years. I have written numerous letters to CEO’s to the tune of crickets. It’s my fault for holding on to them through this charade. I’ll go down with the ship at this point.
Posted by Alex Valdor
@ 11:13 on January 16, 2019
We are not going to see the miners fly , in my opinion .
To have them raking in big bucks by hastening the depletion of the reserves is just crazy .
Posted by ipso facto
@ 11:07 on January 16, 2019
We’ll have to have Winedoc go over there and get us the inside scoop. 🙂
Posted by ipso facto
@ 11:06 on January 16, 2019
“controlled”
Sure seems like it doesn’t it!
Posted by Alex Valdor
@ 11:04 on January 16, 2019
Right in Winedoc’s back yard ( Moose River Mine ).
There was also another mining venture not far away , in Newfoundland … that one hit a really rich vein a few months ago – can’t recall the name , but the discovery had to be good for the local economy .
Posted by deer79
@ 11:04 on January 16, 2019
Doesnt pass the smell test to me. Another producer locked down by “financial institutions.” I’ve never understood why these mining CEO’s haven’t been more proactive in supporting each other. Are they that controlled?
Posted by Alex Valdor
@ 10:52 on January 16, 2019
Palladium was up $36 ( over 2-3/4 % ) this morning . The pure play miner in Ontario is up 0.34 % .
I was heavily into the shares over ten years ago , then management ran it into the ground and I lost a lot , so never bought back . I still avoid it . They must be hedged heavily by selling forward for the stock to lag the metal price by so much .
Posted by ipso facto
@ 10:48 on January 16, 2019
Maybe they’re planning to cover shorts, I don’t know. IAG gives away a lot of upside IMO.
Posted by Mr.Copper
@ 10:36 on January 16, 2019
Can we assume those financial institutions are buying to store? Or buying for resale?
Posted by Richard640
@ 10:36 on January 16, 2019
P.S.=10:11 am–gold is up 4.40–JNUG “rallied” [ha! ha!] to 9.10 and has dropped. like a stone, down 10 cents to. 8.91 as I write…go chart that!
P.S.S.=10:34=gold up 5.80 JNUG down 2 cents–WTF-??
Posted by ipso facto
@ 10:31 on January 16, 2019
IAMGOLD Enters into $170 Million Gold Prepay Arrangement
Toronto, Ontario–(Newsfile Corp. – January 15, 2019) – IAMGOLD Corporation (TSX: IMG) (“IAMGOLD” or the “Company”) today announced that it has entered into a forward gold sale arrangement with financial institutions whereby the Company will receive a prepayment amount of $170 million in exchange for delivering 150,000 ounces in 2022, with a gold floor price of $1,300 per ounce and a cap price of $1,500 per ounce. This Prepaid Gold Arrangement (“Prepay”) is supported by a syndicate of banks including Citibank N.A. and National Bank of Canada. Terms of the Prepay are provided below:
cont. https://ceo.ca/@newsfile/iamgold-enters-into-170-million-gold-prepay-arrangement
Posted by ipso facto
@ 10:25 on January 16, 2019
When it comes to climate change, it’s ‘Washington’s hour to shine,’ Inslee says during annual address
Washington Gov. Jay Inslee used his State of the State address Tuesday to hammer his signature issue: climate change.
Doubling down on his previous statements at a press conference last week, Inslee stressed the importance of tackling climate change in Washington. Policies he proposes would steeply cut emissions and help the state transition to 100 percent clean electricity by 2035, Inslee said.
“This is the 11th hour, but it is Washington’s hour to shine,” said Inslee, who is exploring a 2020 presidential run. “It’s a time of great peril but also of great promise.”
Hundreds of lawmakers and spectators gathered at the Capitol to hear the address.
https://www.theolympian.com/news/politics-government/article224593680.html
Posted by Richard640
@ 10:20 on January 16, 2019
the Eeeeeeeeeeeeeeeeeeeeeeeeeeeeeee-vil ones are at work today!!!
Posted by Richard640
@ 10:09 on January 16, 2019
As gold rose to up 3.40–JNUG simultaneously DROPPED… no, not by much…now gold’s up $4 and JNUG is up a big 6 pennies…
The S&P is getting into the sell zone=2620 to 2640=anybody stepping up to the plate? I might but only if the tape gets divergent and ragged…unlike today…2 landmines are out there for the bears…a sudden. resolution of the trade issue and of the govvie shutdown…
Posted by ipso facto
@ 10:06 on January 16, 2019
Atlantic Exceeds Full Year 2018 Production Guidance, Achieves Production of 90,531 Ounces and Announces 2019 Guidance
https://finance.yahoo.com/news/atlantic-exceeds-full-2018-production-120000332.html
Posted by deer79
@ 10:05 on January 16, 2019
The punch donkey of the day……..
Posted by ipso facto
@ 10:02 on January 16, 2019
Posted by Buygold
@ 9:58 on January 16, 2019
just one more day…

Posted by Richard640
@ 9:50 on January 16, 2019
Posted by Buygold
@ 9:18 on January 16, 2019
Could be that:


Posted by Alex Valdor
@ 9:17 on January 16, 2019
Pd is flying this morning , again !
Posted by Maya
@ 1:54 on January 16, 2019

Over the river and through the woods
the Huckleberry Railroad goes…
http://www.railpictures.net/photo/684139/