Beiträge von Eldorado

    Hallo zusammen


    Ich habe gestern ein Interview gehoert wo David Bond behauptet das bald der Silber Verbrauch in der Medizin hoeher sein wird als mit Muenzen und Schmuck zusammen. Da ruehrt sich was in diesen Bereich, speziell disinfektion bei Wasser unsw.


    Ich mache mir keine Sorge das Silber Àngebot ist hoeher als der Verbrauch.


    Die shortage bleibt bestimmt.


    Gruss


    Eldo

    Bernanke wird drucken ohne zu fragen und darueber nichts berichten.
    Es wird das Geheimniss von Amerika wieviel man druckt und ab naechstes Jahr laeuft die Druckerpresse auf Hochtouren.... Zeit zu fluechten, wer es noch nicht gemacht hat. Die besten Anlagen sind Gold, Silber, Uranium, und sogar Health Food sagte ein Analyst bei einen Interview.
    Die Saudi's und Kuwaiti's haben nun Peakproduktion erreicht und es wurde nur in zwei Quellen veroeffentlicht, wenn ein Peak da ist geht es dem Ende zu und Oil wird bald wieder nach der Korrektur die im Moment ist enorm steigen. Uranium wird dann gebraucht, da fuehrt kein Weg vorbei.


    See soon signs of stress, discontent, and depression.


    Gruss, Eldo


    Flucht in den sicheren Hafen


    Gold - Kolumne
    von Marc Faber


    Seit dem Monat März 2001 ist der Goldpreis von 255 auf über 500 Dollar gestiegen. Zwischen 2001 und 2004 habe der Kurs für das Edelmetall lediglich aufgrund des schwachen Dollarkurses zugelegt, meinen Experten. Aber dieses Jahr hat sich der Greenback gegenüber den meisten ausländischen Währungen gefestigt und trotzdem ist der Goldpreis gestiegen. Also müssen auch andere Gründe für die Gold-Hausse verantwortlich sein. Historische Fakten belegen, daß zu Inflationszeiten Gold an Wert gewinnt. Vertrauen in die Werthaltigkeit der Banknoten schwindet, wenn die Kaufkraft des Papiergeldes abnimmt. Eine verringerte Kaufkraft des Geldes resultiert aus stark ansteigenden Konsumentenpreisen oder explodierenden Vermögensgüterpreisen. In beiden Fällen, wird das Vertrauen in die Währung erschüttert, weil jedes Jahr wesentlich mehr Bargeld benützt werden muß, um den gleichen Warenkorb oder die gleiche Immobilie zu erwerben. Also versuchen sich die Menschen vor dieser Geldentwertung mit dem Erwerb harter Wertanlagen - deren Menge nicht unbeliebig durch unverantwortliche Notenbanken verwässert werden kann - zu schützen. Interessant in dieser Beziehung ist, daß insbesondere nachdem Ben Bernanke als Chef der US-Notenbank (Fed) ernannt wurde, der Goldpreis nach oben schoß. Der neue Mann hat den Ruf, daß er - sollte eine Deflation drohen - alle Gegenmittel der Geldpolitik einsetzten und die Notenpressen anwerfen wird. Dabei muß man berücksichtigen, daß die Fed nicht unglücklich ist über fallende Importpreise, die aufgrund massiver Produktivitätszunahmen in China zustande kommen. Vielmehr herrscht die Sorge vor, daß fallende Immobilien und Aktienpreise den Konsum der Amerikaner, von dem letztlich die Konjunktur abhängt, beeinträchtigen könnten. Deshalb dürfte langfristig die Geldpolitik der Amerikaner einen inflationären Charakter behalten und damit alle harten Vermögenswerte weiter im Wert steigen. Dagegen sollten angesichts der Liquiditätsspritzen die meisten anderen Vermögenswerte gegenüber Gold als Hartwährung an Wert verlieren. Dabei ist es wichtig, einmal das Verhältnis von Dow Jones zum Gold zu betrachten. Im Jahre 2000 brauchte ein Anleger noch 45 Unzen Gold, um eine Einheit Dow Jones zu erwerben. Heute braucht er aber nur noch 22 Unzen, um den gleichen Dow-Jones-Anteil zu kaufen. Mit anderen Worten, Gold hat gegenüber dem Dow Jones seit 2000 über 100 Prozent an Wert gewonnen. Nun ist es schon möglich, wie einige Börsengurus im Jahre 1999 prophezeiten, daß der Dow Jones in den nächsten Jahren auf 36 000, 40 000 oder sogar 100 000 Zähler steigen wird. Vorausgesetzt die Fed erhöht signifikant den Geldumlauf. Allerdings würde eine derartig inflationäre Geldpolitik von einem schwachen Dollar begleitet. Falls dabei der Dow Jones wirklich auf 36 000 Zähler steigen sollte, könnte der Goldpreis leicht auf 3600 Dollar klettern. 8o
    Damit würde ein Anleger nur noch zehn Unzen Gold benötigen, um einen Dow-Jones-Anteil zu erwerben und könnte eine Unze Gold in 3600 Dollar wechseln anstatt wie heute in nur rund 500 Dollar.


    Artikel erschienen am Sa, 3. Dezember 2005

    Ich habe gestern in einen Boersenbrief gelesen das GFI schon im Oktober wusste das Bolivar das noetige Permit hatte.
    Fuer KRY und GRZ koennte ebenso eine Uebernahme entweder von Glamis, Kinross, oder wieder GFI in der Pipeline sein.
    Was mich wunderte war das trotz den hoeheren Kurs vom Freitag die KRY als buy empfohlen wird.
    Da sollte noch genuegend Spielraum nach oben sein.


    Mfg


    Eldo

    Golden Star Resources was a real star performer up until the end of 2003 rising from around $0.2 on the pink slips, becoming listed again on the AMEX and being included in the prestigious HUI index of unhedged mining companies. Notwithstanding the fact that the HUI has corrected from its rapid rise of 2001-2003 Golden Star has under-performed the HUI from May of 2004. This is illustrated by the graph below of the ratio of GSS stock price divided by the HUI index. If the graph is rising GSS is outperforming the HUI while if the graph is falling GSS is underperforming the HUI.


    GSS has certainly had some misfortune in its operations and has had a convoluted experience in takeovers but the punishment the market has meted out to this stock seems to me to be somewhat excessive considering the excellent fundamentals of this stock.


    I will declare my bias right here that I have been a long time shareholder of GSS and I am still a stockholder of this company.


    Something took my eye yesterday which was the short positions in major gold mining companies. This list is as follows


    Goldcorp 33 million shares short


    Kinross 32.3 million shares short


    Cambior 27.2 million shares short


    Bema 16 million shares sold short


    Newmont 14.3 million shares short


    Golden Star 14.6 million shares short


    This amount of shares sold short considering gold is in a major secular bull market surprised me and on investigation I found that in many cases the short positions of these companies have been rising.


    As there have been many reports of naked shorting of stocks in the stock market in general, I decided to contact Golden Star and ask if they knew whether this position is due to naked shorting or not. Allan Marter, the CFO, of Golden Star was kind enough to respond to me and I took the opportunity to ask him about some rumors that had been circulating about GSS and I asked Allan Marter’s permission to draw on the content of our e-mail exchanges to try to put the facts straight which should be of interest to café members.




    First of all on the issue of whether there is naked short selling in GSS stock Allan had the following to say


    QUOTE “While we can never know for sure who holds our short position (in the same way that holders of our shares and warrants usually prefer to hold in street name) we can trace the two big upticks in our short position to the listing of the warrant in 2003 and the sale of the convertible note in 2005. In between we had the short position at the time of the IAMGold bid and now some shorting of our stock while people go long St. Jude. However, this last one was restricted in size because it is apparently hard to get enough St. Jude stock to balance the position and we heard from reliable sources that the amount of our shares available to borrow was restricted, so people were not able to do as much shorting as they might otherwise have done. This is information we "know", but we cannot answer your question about whether we will certify as such. I don't believe you could ever get a company to do this. However, we will not ignore this question and will look into it further- END


    To summarize this discussion it seems that holders of GSS warrants are suspected to have hedged their position by shorting some GSS stock. However, as I pointed out to Allan Marter this does not account for all the short position and it does not ensure that there is no illegal shorting. I also brought his attention to the list of short positions in major mining companies included above which does beg deeper investigation. He has promised to investigate further although he declined my request to put out a press release stating that GSS was investigating the suspiciously high short position in its stock.


    I asked the following questions


    1) Has GSS (including St Jude) sold any gold forward at a fixed price?


    2) Is any of the future production encumbered in anyway such that any and all ounces produced would not be sold at the spot price?


    3) Do you have any non-recourse loans, derivative contracts (on or off the balance sheet) or similar instruments? If so what is the nature of them?


    Allan responded


    QUOTE-


    (1) we would have told the market if we had sold any gold forward, and St. Jude doesn’t have any production so it would have required a miracle for them to do this (and they haven’t);


    (2) as we report in our 10-Q, there is no encumbrance on future production, but we do have some puts and calls; and


    (3) as we repeatedly tell people, over and over again, we do not have any non-recourse loans of the Jim Sinclair type. -END


    I asked Allan about rumors that GSS had sold a significant portion of its gold forward at $525/oz to which he responded as follows.


    QUOTE- Let me tell you where the $525 number comes from. At page 28 of our latest 10-Q, you will see a description of our put and call options. Understand that we entered into these transactions when gold was $70 - $80 below where it is now, and we had started the Bogoso Sulfide Expansion Project based on forecasts of $400 gold. We are very happy that gold prices are higher than they were, but we likened buying puts to an insurance policy in case we had gold prices lower than $400 – not that we thought they would go there, but they might. And, we are very much believers in higher gold prices going forward, but we’re not going to do our budgets and forecasts even now at current prices – that just isn’t the way we have to run our business. Furthermore, the SEC makes us do our reserve calculations at the three year average which is $400 right now. So, after spending approximately $1 million in cash on puts when gold was around $424 - $430, we bought the next set of puts by selling calls at $525, when gold was $435 – this was done to conserve immediate cash. These calls are running off now at the rate of 5,000 ounces per month, but as they run at this rate until March of 2007 we might get called and have to sell some of our production (which may be between 10% – 17% on a monthly basis, at $525 if prices are higher than this at the time). But, the rest of our production, between 83% and 90% will be at the higher spot prices and we have no intention or desire to enter into any further derivative contracts for gold. We will still look at doing derivative contracts for our foreign currency exposure, and I am pleased to say that these have been on the right side and we have offset some of the paper losses (to date) on the gold calls by being ahead on the Rand and Euro positions we have.- END


    What does this mean? When the price of gold was $430 GSS was worried that the price of gold might fall substantially. While I don’t agree that the hedge was a sensible move I do have some sympathy for the motivation. A very powerful Cartel has been trying its damnedest to prevent gold from rising for over 20 years and the gold mining companies have been suffering and have been trying to manage in a business that has lost money or made a small profit year after year. When you are in the trenches you don’t see the entire battle. At least GSS did not adopt the strategy of Barrick and many others who have borrowed gold from bullion banks to sell on the market to repay from future production. Such strategies damage the gold market by making the apparent supply much higher than it really is which depresses the price of gold.


    The GSS hedge is a very simple one. They bought some gold put options with a strike price of $400/oz when the gold price was $430. That cost them $1 million dollars. To minimize the hit of $1 million on their balance sheet they sold call options for gold at $525. The money they raised from selling the calls largely covered the cost of the puts they had bought. These call options are for 5000 ozs per month until March 2007. That means that each month that goes by without the gold price exceeding $525 the options on 5000 ozs will expire unexercised. If the gold price exceeds $525/oz then the holders of any of the unexpired options may ask for delivery of gold at $525 /oz. GSS will not lose money on these options because their cost of production is much less than $525 /oz but they will lose out on being able to achieve full spot price for that gold. The MAXIMUM exposure this represents currently is only 80,000 ozs and this reduces by 5000 ozs each month that the gold price is below $525. 83%-90% of their monthly production is available to be sold unencumbered at full spot price. If ever the gold price should drop below $400 GSS will exercise their puts and make a gain but on the present state of the gold bull market it is likely the puts will expire out of the money.


    While this was not a smart strategy, GSS should be given credited for having realized their mistake and Allan Marter says they do not intend or desire to enter into any similar such contracts again. Even with a rapidly rising gold price the impact on the company’s profitability will be small because above $525/oz GSS will be immensely profitable for what it sells at spot AND what it sells at $525/oz.


    GSS was severely punished by the market for its failed takeover attempt of IAMGOLD. Having received a strong message from the market that they didn’t think that GSS should be in the acquisition business, but focusing instead on its own organic growth, GSS went ahead with its takeover of St. Jude. The market duly sent a second message that they were unimpressed with the diversion of attention from its organic growth plan and the shares dropped again.


    Allan Marter says


    QUOTE “You seem to ignore the facts that the market (led by a few very skeptical analysts) doesn’t believe we can produce, many shareholders who bought at higher prices don’t give us credit for what we’ve done and don’t believe our 43-101 reserves and resources, therefore they don’t buy the growth profile that we have. The fall off in our stock started with the shorting that came from the IAMGold bid and which was worsened when our largest shareholder at the time (a hedge fund) dropped all our shares when we pulled out of the bidding. Then when we had some bad quarters any confidence in us disappeared according to some people and there have been other holders who have quit the stock (some like Bill Murphy). Then there are many people who think, incorrectly, that we have sold forward in spite of repeated answers to the contrary and that we no longer believe in gold because we bought some put, and later sold some calls” – END


    It is hardly fair to criticize investors for having lost patience in the performance of Golden Star. Bill Murphy sold a portion of his holding at $3 and has recently purchased a new position so it is fair to say he has remained supportive of GSS even though the management has made many mistakes and the share price has plummeted.


    The bottom line is that GSS has very impressive fundamentals which despite recent operational problems and management mistakes deserve serious investor attention. The company’s principal properties are in Ghana, West Africa. GSS produced approximately 148,000 ounces of gold in 2004 from its Bogoso/Prestea open pit mine at an average cash operating cost of $250 per ounce. Production will increase in 2005 to about 200,000 ounces with the new Wassa Mine in production, production forecast at 300,000 ounces in 2006 followed by another major increase in 2007 to more than 500,000 ounces at an average cash cost of $250 - $270/oz when the Bogoso/Prestea expansion is completed. They have an extensive exploration program committing $15 million per year to both extend current resources and find currently undiscovered gold resources. GSS has over 10 Million ozs of gold in reserves and resources with very good prospects to radically increase that. At the current market cap GSS equates to buying proven and probable gold in the ground for less than $50/oz. For comparison the same calculation for Newmont is $216/oz.


    GSS has had its share of operational problems, its foray into failed and dilutive acquisitions, and an ill-advised hedge. By and large though I think this company’s problems are behind it. They have fabulous growth potential of tripling their gold output from the levels of last year. They have impressive appraisal and exploration potential in highly productive and successful areas. They are presently producing almost 200,000 ozs per year.


    A rapidly accelerating gold price as is anticipated above $500/oz will return Golden Star to the constellation of rising stars. :rolleyes:


    I believe that GSS is a bargain at current levels.


    Adrian Douglas

    Review and Preview:



    This was the week of the huge Jupiter-Uranus waning trine, and it proved to be a most interesting week. Gold soared to its highest level since February 1983, slightly exceeding its December 1987 high in the nearby futures contract by about one dollar. At the same time, the Dollar/Yen rose to its highest level in 2 years, while the Euro and Swiss Franc are again testing their yearly lows.



    Why is Gold up so strongly, with the Dollar up strongly as well? Don’t they usually go in opposite directions? There is no shortage of Gold, or imminent threat to disrupt the supply and distribution of Gold. In other words, the supply factors that typically are part of the equation leading to price, appears stable. But the price is far from stable. It keeps rising. The answer appears to be the perception of future inflation, if you are in the Gold pit. This is supported by the belief that the U.S. Central Bank (Federal Reserve Board) is about to end its string of consecutive interest rate rises, thereby stoking the U.S. economy to perform even greater than its 4+% rate of growth reported last week for the prior quarter. This is a perception that I do not agree with. But if you are in the currency pit, the perception is just the opposite: the Fed will continue to increase interest rates and therefore keep inflation contained. This supports the strong Dollar (and weak non-dollar currencies). Two entirely different perceptions, by people in the same business. Astrologically, this is consistent with the principles of retrograde planets. Mercury and Mars are both retrograde now, although Mercury ends this weekend, and Mars ends its retrograde motion on December 10.



    Short-Term Geocosmics:



    Last week we went into great detail about the importance of the Jupiter-Uranus waning trine of November 27 to U.S. stock prices. I stated, “… this signature has a 78% correlation to primary or greater cycles within 8 trading days. Since we are not in a time band for a primary cycle trough, we can assume this could be a primary cycle crest. However, in the past two instances of Jupiter-Uranus aspects, we have noted only major cycles, not primary types (major cycles are the 1/3 point of a primary cycle, and not quite as significant).” We are in the 8-day range right now. But let’s add a couple of other factors relevant to this discussion. On Sunday, December 4, Mars will be in opposition to this same Jupiter, thereby keeping the Jupiter part of this major aspect in force. This past Thursday-Friday, December 1-2, the New Moon was in Sagittarius, which is ruled by Jupiter, thus activating this Jupiter-effect even further. Jupiter’s nature is to expand, exaggerate, and grow. The nature of Mars is to quicken, and add “fire” to the heat. The combination of these signatures leads to a possible “blow-off” in markets, and this is exactly what is happening in Gold and the Japanese Nikkei stock index.


    The Mars part of this cluster ends December 10. One would think that the psychology of the “blow-off” will end any day now.



    Long-Term Thoughts:



    In the next 8 days, we will exit the current short-term geocosmic cluster that has been in effect since November 14. On Christmas Eve, December 24, we will start a new round of mixed messages in the financials when Venus turns retrograde. And all during this time (November-December), Mars continues to square Saturn due to the stationary position of each. No matter how good the economic news is, people are still depressed and under stress. As stated before, this is the “Season of discontent” – for masses of humanity, and for its leaders. On the editorial page of Friday’s Wall Street Journal, Daniel Henninger writes, “In November, opinion poll approval of Mr. Bush’s economic management was below 40%. This is astounding, (as) this week’s revised third quarter growth rate of 4.3% was the 10th straight quarter of growth averaging nearly 4% on an annual basis… (this is) shout-from-then-rooftop news, but for this administration it’s just another tree falling in they forest.


    This is the Alfred E. Neuman ‘what, me worry?’ school of public relations. It doesn’t seem appropriate for a major war.” He goes on to make the point that even with great economic news, the Bush Administration is exhibiting symptoms of “clinical depression.” The “Bushies are (not) numb to seeing their public standing dissed and downgraded. I think they have concluded this is a game that’s rigged against them (and) the mainstream media’s spin is like bad weather – uncontrollable… In this new environment… the language, the very vocabulary of all these conversations, has been ramped way up. Shrillness has monetary value now, and it has political value… By not seeing that the spin is now the vortex, the White House let it suck down the president’s support to a level that threatens his ability to govern.”



    And there you have it. Mars square Saturn this last quarter, and Saturn sitting right on W’s natal Ascendant, Mercury and Pluto. Even when the news is so good you should be “shouting from the rooftops,” instead you see signs of stress, discontent, and depression. :rolleyes:

    Ich moechte hier nicht fuer Amazon oder wen sonst werben, als letzter Buchtip will ich noch zwei empfehlen das leider nur in Englisch zur Verfuegung ist.
    Teilweise ein wenig uebertrieben und ohne Beweise aber ich glaube an diese Theorie. Selbst die Mitte war fuer mich ein ""Eye opener"".
    Er wird von gewissen Leuten als Spinner angesehen und er durfte oft nicht frei sprechen und veroeffentlichen. Gerade das hat mich dann interessiert und muss sagen ich glaube ihm sehr viel weil es Sinn macht. The Lizzards and the Reptiles geht ueber den Planeten und dafuer hat er keine Beweise.
    Die zwei Buecher hatten meinen Weltblick und Anschaupunkt sehr veraendert muss ich sagen.
    Er hat auch eine Webseite http://www.davidicke.com... heavy stuff ! 8o


    David Icke zwei Taschenbuecher:


    And the truth shall set you free (21 century Edition)
    Bridge of Love


    Welcome to Bridge of Love Publications. The home of the writings of British author David Icke where you will find the most comprehensive, well researched body of work in the world!


    What David Icke wrote about in the 20th century has proved to be so astonishingly accurate in predicting the events of the 21st!


    Nowhere else is there such a unique library of information showing how all of these apparently diverse subjects are part of a Global Agenda from the Origination, History, Symbolism and Bloodlines of the Illuminati; Secret Societies; Big Brother Surveillance; the Manipulation of Wars, Politics, Business, Banking, and Media; Micro chipping; Problem-Reaction-Solution; the Truth about 9/11 and the Pentagon Conspiracy Theories; the War on Terror; Mind Control; Religion, the Reptilian Agenda and so much more and how they are fundamentally connected and affect our daily lives.


    David Icke has written 15 books and traveled to over 40 countries in the last fifteen years, as his research exposes the Big Brother fascist dictatorship predicted by George Orwell in his book, 1984, and charts the history of the Illuminati with its connections to unseen forces in other dimensions of reality that some call ‘extraterrestrials’ which, Icke refers to as the ‘Reptilian Agenda’.


    He reveals how a Hidden Hand is behind world-changing events like the attacks of 9/11 as part of a mass mind manipulation technique he has dubbed problem, reaction, solution.
    David Icke also reveals how we live in a virtual-reality dream world, very much like the one portrayed in the Matrix movies. It is like a holographic Internet in which our brains and DNA act like a computer terminal logging in to a collective reality designed to enslave us in a false ‘world’ of illusion.


    The Illuminati Bloodlines, Conspiracy Theories, Reptillian Agenda and the New World OrderThere is no body of material anywhere on the planet like this. The knowledge you will find here and its theme is freedom, true freedom, and how we can transform it from a prison to a paradise.


    http://www.amazon.de/exec/obid…_11_3/028-3265733-7066149



    I am me I am free ..... (mehr ein psychologisches Buch)
    Bridge of Love (Verlag)


    http://www.amazon.de/exec/obid…1_2_1/028-3265733-7066149


    http://www.newsforthesoul.com/icke-3.htm

    Männer lügen?


    Eines Tages war ein Holzfäller damit beschäftigt, an einem Baum einen Ast abzuschlagen, der über den Fluss ragte. Da fiel ihm die Axt in den Fluss. Der Mann weinte so bitterlich, dass Gott erschien und nach dem Grund für seine Verzweiflung fragte. Der Holzfäller erklärte, dass seine Axt in den Fluss gefallen sei. Da stieg Gott in den Fluss und, als er wieder hoch kam, hielt er eine goldene Axt in seinen Händen: "Ist das deine Axt?",fragte er. Der Holzfäller antwortete: "Nein" Da steig Gott wieder ins Wasser und kam diesmal mit einer silbernen Axt wieder: "Ist das deine Axt?", fragte er. Wieder verneinte der Holzfäller. Beim dritten Versuch kam Gott mit einer eisernen Axt zurück, und er fragte wieder: "Ist das deine Axt?" "Ja!", sagte der Holzfäller diesmal. Gott war über die Ehrlichkeit des Mannes so erfreut, dass er ihm alle drei Äxte gab. Der Holzfäller ging damit glücklich nach Hause.


    Einige Tage später ging der Holzfäller wieder am Fluss entlang, diesmal mit seiner Ehefrau. Plötzlich fiel diese ins Wasser. Als der Mann laut anfing zu weinen, erschien Gott wieder und fragte nach dem Grund. "Meine Frau ist ins Wasser gefallen", antwortete ihm der Mann schluchzend. So stieg Gott in den Fluss, und als er wieder hoch kam, hatte er Jennifer Lopez in seinen Händen: "Ist das deine Frau?", fragte er den Holzfäller. "Ja!" schrie der Mann. Gott war wütend und brüllte den Mann an: "Du wagst es, mich zu belügen? Ich sollte dich verdammen!" Der Holzfäller flehte: \"Bitte lieber Gott, vergib mir! Wie hätte ich es denn machen sollen? Wenn ich 'Nein' bei Jennifer Lopez
    gesagt hätte, wärst du beim Nächsten Mal mit Catherine Zeta-Jones zurückgekommen. Wenn ich dann wieder 'Nein' gesagt hätte, wärst du beim dritten Mal mit meiner Ehefrau wiedergekommen, bei der ich dann 'Ja' gesagt hätte. Und dann hättest du mir alle drei mitgegeben. Aber, lieber Gott, ich bin ein armer Mann und nicht in der Lage, alle drei Frauen zu ernähren. Nur aus diesem Grund habe ich beim ersten Mal 'Ja' gesagt."


    Was ist die Moral dieser Geschichte?
    Männer lügen nur aus ehrenhaften und verständlichen Gründen.................................. ;) :D

    Edel


    Bin am ueberlegen ob ich EPM nachlegen soll die bei Gleichstand sind.
    Was denkst du/ihr ?..sie fiel nach den letzten news.



    About Varvarinskoye


    EMC is developing an open pit mine at its 100% owned Varvarinskoye gold-copper deposit in Northern Kazakhstan. Independently estimated mineral resources are 2.82 million ounces of gold and 347.2 million pounds of copper in the measured category and 1.01 million ounces of gold and 84.5 million pounds of copper in the indicated category. Proven and probable mineral reserves (at metal prices of US$375/ounce for gold and US$1.00 per pound for copper) are 2.34 million ounces of gold and 269 million pounds of copper (80% in the proven mineral reserve category). The first gold pour is expected in December 2006 with production at an average annual rate of 145,000 ounces of gold and 18.4 million lbs of copper over the first 10 years of the 15 year mine life, at cash cost of US$130/oz (Copper at US$1/lb taken as a credit).


    All estimates of mineral resources and reserves are contained in the technical report entitled "Varvarinskoye Gold-Copper Project Northern Kazakhstan" dated November 2004 and amended March 2005 prepared in accordance with Canadian National Instrument 43-101 and filed on SEDAR on March 31, 2005.


    :rolleyes:The project capital cost is approximately US$112 million. In addition there are capitalised financing and insurance costs which amount to US$13 million. The Company will fund the difference between the total capital cost and the US$75.4 million debt facility with US$49.6 million of equity from its existing cash resources, of which US$42.6 million has already been expended on the project.


    Gold Hedging Facility :rolleyes:


    As part of the debt facility arrangements, EMC has agreed to implement a gold hedging facility for the period of the debt facility. The hedge, in the form of a monthly US dollar flat forward gold sale over the 8 year term of the debt facility, will be executed by the Company prior to first drawdown of the debt. The gold hedge will represent approximately 50% of production during the term of the debt facility, but only around 19% of the current proven and probable reserves of gold calculated at a gold price of US$375/oz. Approximately 80% of gold which will be produced at Varvarinskoye will be as dore at the mine site (see Press Release November 10, 2004).


    http://biz.yahoo.com/ccn/051201/200512010299869001.html?


    Der Gedanke kommt auf weil Putin sein Gold hauptsaechlich von seinen eigenen Land will.
    Bei den Chinesen kann ich es mir auch vorstellen, die werden es foerdert und Minen bestimmt nicht politisch blockieren.


    Gruss


    Eldo

    Berner ich wollte ja am 8 Dezember auch dort sein und es ging was schief.
    Verkaufe so frueh wie es geht den Dollar fuer Baht, ich glaube du kriegst am meisten.


    Have a good time und maak maak Sanuk ! ;)


    Kleiner Tipp, nach drei Tagen muss sie weg und vergiss nie den Kondom. Ich traue sehr wenige und vertraue nur so weit ich sehen kann.


    You are a Farang, don't forget !


    Enjoy LOS


    Ciao


    Eldo

    Thanks Edel ;)


    Ich habe mir ein paar Interview angehoert und wuerde auch empfehlen erstmal auf warten ueberzugehen als zu kaufen in der neuen Gold Mania.
    Ich schau oefter auf diese Seite die ich mit meinen Bauchgefuehl vergleiche.



    Our WAIT tag says all that is to say. Keep on staying short or at cash until the next signal. Do not bother yourself with any further buying or selling, as long as the WAIT tag stays.


    http://www.americanbulls.com/S…LD&MarketTicker=TSE&Typ=I

    Tambok


    Deine Geschichte hat mich zum denken gebracht, da ist irgendwo eine message dabei die nicht jeder gleich kapiert im ersten Moment.
    Ich finde deine bedsidestory war ganz gut zum nachdenken.
    Ich glaube auch an Omen, das Buch der Alchemist von Paulo hat mich sehr inspiriert, ich kann es jeden nur empfehlen. ;)
    Leicht zum lesen ist es auch, es ist ein nettes Weihnachtsgeschenk das wertvoll ist.


    http://www.amazon.de/exec/obid…_11_1/028-3265733-7066149


    The Alchemist presents a simple fable, based on simple truths and places it in a highly unique situation. And though we may sniff a bestselling formula, it is certainly not a new one: even the ancient tribal storytellers knew that this is the most successful method of entertaining an audience while slipping in a lesson or two. Brazilian storyteller Paulo Coehlo introduces Santiago, an Andalusian shepherd boy who one night dreams of a distant treasure in the Egyptian pyramids. And so he's off: leaving Spain to literally follow his dream.
    Along the way he meets many spiritual messengers, who come in unassuming forms such as a camel driver and a well-read Englishman. In one of the Englishman's books, Santiago first learns about the alchemists--men who believed that if a metal were heated for many years, it would free itself of all its individual properties, and what was left would be the "Soul of the World." Of course he does eventually meet an alchemist, and the ensuing student-teacher relationship clarifies much of the boy's misguided agenda, while also emboldening him to stay true to his dreams. "My heart is afraid that it will have to suffer," the boy confides to the alchemist one night as they look up at a moonless night.


    "Tell your heart that the fear of suffering is worse than the suffering itself," the alchemist replies. "And that no heart has ever suffered when it goes in search of its dreams, because every second of the search is a second's encounter with God and with eternity." --Gail Hudson --


    From Publishers Weekly:


    This inspirational fable by Brazilian author and translator Coelho has been a runaway bestseller throughout Latin America and seems poised to achieve the same prominence here. The charming tale of Santiago, a shepherd boy, who dreams of seeing the world, is compelling in its own right, but gains resonance through the many lessons Santiago learns during his adventures. He journeys from Spain to Morocco in search of worldly success, and eventually to Egypt, where a fateful encounter with an alchemist brings him at last to self-understanding and spiritual enlightenment. The story has the comic charm, dramatic tension and psychological intensity of a fairy tale, but it's full of specific wisdom as well, about becoming self-empowered, overcoming depression, and believing in dreams. :))


    The cumulative effect is like hearing a wonderful bedtime story from an inspirational psychiatrist. Comparisons to The Little Prince are appropriate; this is a sweetly exotic tale for young and old alike.


    Have a nice weekend Amigos. ;)
    Next week the ride goes on.


    Gruss


    Eldo