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

Thanks , Winedoc

Posted by Alex Valdor @ 12:18 on January 16, 2019  

Anaconda is the one …I had forgotten the name .

Lunch Break: Ipso and Alex AGB/ANX

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

@deer79 RE: your 11:32 post

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.

Alex

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.

Deer79 – until Mining CEO’s pay is tied to the POG

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 .

Alex Valdor

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. 🙂

deer79

Posted by ipso facto @ 11:06 on January 16, 2019  

“controlled”

Sure seems like it doesn’t it!

IPSO – re: Atlantic Gold

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 .

Thanks ipso

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?

R640 – how about North American Palladium ?

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 .

Mr.Copper

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.

@ipso facto re IAM Gold’s gold sale arrangement with financial institutions

Posted by Mr.Copper @ 10:36 on January 16, 2019  

Can we assume those financial institutions are buying to store? Or buying for resale?

HUH?

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-??

deer79 … Maybe this is part of IAG’s story today

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

Washington State’s Candidate for Bastard Idiot of the Year

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

Gold

Posted by Richard640 @ 10:20 on January 16, 2019  

the Eeeeeeeeeeeeeeeeeeeeeeeeeeeeeee-vil ones are at work today!!!

Stock mkt rally solid so far-trannies up 140-Russell up-Europe up-10 yr t-note being sold

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…

I don’t own it but his looks like a decent company.

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

IAG

Posted by deer79 @ 10:05 on January 16, 2019  

The punch donkey of the day……..

Would be nice if the market riggers were shut down by the budget impasse … but I guess that is too much to ask for.

Posted by ipso facto @ 10:02 on January 16, 2019  

R640

Posted by Buygold @ 9:58 on January 16, 2019  

just one more day…

like-a-boss-e1350189178780_6

How long can the resilient bulls take this crap? Gold up 3.40-the $ down a smidge-and jnug down a dime-NUGT down 2 cent

Posted by Richard640 @ 9:50 on January 16, 2019  

I’ve got that gassy feeling again today

Posted by Buygold @ 9:18 on January 16, 2019  

Could be that:

thisisit-copy52e69f23c40c9a9e4b30c476bf95af23

RNO – good call

Posted by Alex Valdor @ 9:17 on January 16, 2019  

Pd is flying this morning , again !

Gold Train

Posted by Maya @ 1:54 on January 16, 2019  

rrflasher-copy

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

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.