Beiträge von Don Charmanti

  • Der ebay-Lacher des Tages

    Zitat von Koala


    Das Geschäftsmodell gabs schon mal am Bodensee. Da gabs hinterher aber nur Pizza statt Schampus.


    http://www.ebay.de/csc/gold-we…n=1&_trksid=p3911.c0.m283


    Hehe, wieder mal geschätzte 300K in der Woche mit Gold unter Spot abgewickelt ... naja, offensichtlich besteht ja keinerlei Gefahr, DENN:


    "..
    Wir generieren jährlich achtstellige Umsätze, die professionelle Abwicklung gerade höher volumiger Aufträge ist unser tägliches Geschäft
    Da wir ein Versandhandel für Edelmetalle sind, können wir Synergieeffekte und Kostenvorteile direkt an unsere Kunden weitergeben
    ..    "
    :thumbup: :thumbup: :thumbup:


    Bin mal gespannt, wenn (dann nach mehr als 3 Wochen) die ersten Bewertungen der Deals von Anfang-Mitte September eintrudeln.

  • Silvercorp Metals Inc / SVM (NYSE)

    Zitat von Antonio de Curtis

    ich kann dir eine vielzahl von aktien nennen bei denen so argumentiert wurde, z.B. ldk, rino, apwr.


    shorts sind oft smarter (ganz subjektiv meine meinung) als longs und sitzen meist am längeren hebel.


    Das sehe ich ähnlich. Viele kleinere Anleger sind so gut wie nie short - wahrscheinlich aus psychologischen Gründen, da bei long der maximale Verlust auf Ihren Einsatz begrenzt ist. Größere Finanzjongleure wollen teilweise Ihre short Postionen gar nicht covern. Da wird ein Unternehmen solange geshorted (naked), bis für nen Appel und'n Ei die Kontrolle übernommen werden kann oder bis Konkurs angemeldet wird - gerade bei Unternehmen ohne dicke Kasse eine funktionierende Strategie. Nach Übernahme wird es private genommen oder zerlegt und die assets einzeln verkauft. Jene Anleger (bagholder), die auf einen Squeeze gehofft hatten sind in den Arsch gekniffen - pervers aber wahr. Ich denke bei einigen China SolarAktien wie LDK ein durchaus denkbarer outcome. Denke mittlerweile bei SVM besteht diese Gefahr nicht - hatte nochmal (entgegen meiner vorherigen Absicht) bei $6.50 nachgekauft.

  • Der ebay-Lacher des Tages

    Zitat von regenwald

    Gibt es Gold bei ebay nun fast umsonst?
    Die Liste:
    http://cgi.ebay.de/ws/eBayISAP…iewItem&item=360394319355
    ..
    http://cgi.ebay.de/ws/eBayISAP…iewItem&item=360394319123
    Obiges sind alles Angebote an unterlegene Bieter... (Dank an DD-keller bei ebay für das Entdecken)


    €1317413.60 Umsatz in den letzten Tagen für Gold unter Spot bzw. Banken Ankaufspreis, 3 Wochen Lieferzeit .. oha, viele plausible Deutungen bleiben da nicht. Vielleicht mal ne ganz unkonventionelle Art Gold zu shorten? Als Startkapital für ein Leben in der Südsee allerdings auch nicht schlecht ..

  • Silvercorp Metals Inc / SVM (NYSE)

    Silvercorp Refutes Second Damaging Anonymous Report >SVMLast update: 9/14/2011 12:19:16 PMDOW JONES NEWSWIRES Silvercorp Metals Inc. (SVM) Wednesday dismissed a second anonymous report accusing it of fraud, and urged its critics to "come out of the shadows" and participate in ongoing investigations if they have genuine concerns about the company's activities. The Vancouver-based company, which mines silver in China, said it refutes the substance of all allegations in the second report, which was posted Tuesday on the website Alfredlittle.com. That report came just weeks after an anonymous letter dated Aug. 29 was sent to the Ontario Securities Commission and other parties, accusing the company of accounting fraud. Wednesday, Silvercorp said the latest report was published "in furtherance of concerted efforts by a group of short sellers to drive down the company's share price through false, selective or ignorant statements and rumors." Wednesday in Toronto, Silvercorp is up almost 16% to C$7.18, largely recovering from Tuesday's 20% drop, which came after the second report surfaced. British Columbia's securities regulator and others are investigating the allegations against the company. While Silvercorp said it won't comment further on comments published in anonymous letters or blogs, it did say that the more than US$116.6 million of taxes it has paid to the Chinese government and the US$152 million of dividends it has paid to shareholders are evidence of a revenue stream in accordance with reported results. It also said the exploration report cited in the second anonymous letter is outdated and shouldn't be relied upon. -By Carolyn King, Dow Jones Newswires; 416-306-2100; carolyn.m.king@dowjones.com (END) Dow Jones Newswires

  • Silvercorp Metals Inc / SVM (NYSE)

    Bronstein, Gewirtz & Grossman, LLC Investigates Silvercorp Metals, Inc.Last update: 9/14/2011 12:16:00 PMNEW YORK, Sep 14, 2011 (BUSINESS WIRE) -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Silvercorp Metals, Inc. ("Silvercorp" or the "Company") (SVM), concerning whether the company and certain of its officers and directors have violated federal securities laws. On September 1, 2011, the Company was forwarded a copy of an anonymous letter dated August 29, 2011, addressed to the Ontario Securities Commission, the Company's auditors, and various media outlets alleging a "Potential $1.3 Billion Accounting Fraud at Silvercorp. The letter also alleges that Silvercorp reported a profit in 2010 in a Securities and Exchange Commission Filing, while also reporting a loss to Chinese regulators. The anonymous author also acknowledged he had taken a short position in the Company. On Friday, September 9, 2011, The British Columbia Securities Commission confirmed it was investigating this anonymous allegation against Silvercorp. On this news, shares of Silvercorp plummeted $1.54 or about 20% to close at $6.30 on Tuesday, September 13, 2011. If you are aware of any facts relating to this investigation, or purchased shares of Silvercorp, you can assist this investigation by contacting either Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email eitan@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate work, private securities offerings, and securities arbitration. SOURCE: Bronstein, Gewirtz & Grossman, LLC Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Eitan Kimelman 212-697-6484 eitan@bgandg.com

  • Silvercorp Metals Inc / SVM (NYSE)

    Zitat von blaucater

    Eines der besten Ag-Papierchen die es gibt.


    Sollten sich die Beschuldigungen als (mehr oder weniger) falsch erweisen, wird es hier sicher zu einem schönen Short-Squeeze kommen, den ich nicht verpassen möchte. Long term würde ich SVM nicht halten oder gar nachkaufen - da gibt's sicher bessere AG Investments. Habe selbst auch schon Negativerfahrungen mit China Aktien machen dürfen und das, was man in den diversen Reports lesen konnte, ist wahrscheinlich nicht 100%tig aus der Luft gegriffen - Intransparenz, fragwürdiges Accounting, Klüngel, China an sich, Mangel an unabhängigen Gutachten, etc. hinterlassen schon einen faden Beigeschmack imo. time will tell

  • Silvercorp Metals Inc / SVM (NYSE)

    Zitat von Antonio de Curtis

    üble sache! ich warte ab. meistens ist an solchen gerüchten etwas wahres dran. fallendes messer!


    Normalerweise meide ich auch "fallende Messer" - nach Lesen des (amüsanten) alfredlittle Artikels der Shorts mußte ich mir jedoch einige SVM Aktien ins Depot legen - alleine um das Teil weiter auf dem heißen Radar zu haben. Hier noch eine interessante Einschätzung dazu von Casey Research:


    ----
    Silvercorp was hit by another accusation of wrongdoing today (which you can view in the link above), and the stock plummeted 19.6%. Our first impression of this report is much the same as the other one – biased, long on innuendo, short on proof, and in some cases, flat out wrong. Let’s go through the accusations one-by-one so you can see why we are not panicking about our position…


    The report states that their “investigator” picked up a couple rocks that fell off an ore truck and the assays showed much lower grade material than SVM reports. The report notes this sample is not scientific, and promises better data in the future, but that doesn’t stop them from publishing nonsense numbers now. They also counted the trucks entering the mill and say there are not enough to add up to the tonnage of ore SVM says it’s processing – but how many days did they count? How many days did they count when there was a power issue at the mine, or one of the mill circuits was down for maintenance? What does it really prove to have a guy skulking about the bushes taking pictures and picking up rocks?


    One very important fact that seems to have escaped the authors of the report is that SVM direct-ships high-grade ore to a smelter. This is a very significant part of production that does not go to the mill, and that would affect the number of trucks entering the mill, as well as the grade of the ore going to the mill (or falling off a truck along the way).


    The report also falsely claims that Silvercorp’s narrow veins cannot be mined without dilution, reducing the average grade. This is simply not true. There’s a technique called “resuing” by which you tunnel next to the ore, and then take only the ore to the mill. The ore needs to be just right, but SVM’s massive sulfide veins are just right for this. Plus, there are areas where the veins are meters wide, and still grading kilos per tonne, so they can be mined directly. Louis James has been there and seen this, and saw it in multiple places in multiple levels of the mine.


    The report also makes a big fuss about how large SVM’s MCap is compared to its resources and reserves. They say SVM “should” have more resources. This is more nonsense. It’s very common for vein deposits to have only a year or two in reserves drilled off in advance. Yes, that’s a risk factor, but its normal – drilling off the whole deposit in advance is just too expensive. Nobody does it. Furthermore, SVM trades at lower multiples and metrics than many other silver producers, probably because of the “China discount.” It is simply not overvalued, compared to its peers. This accusation smacks of dishonesty.


    Another fuss relates to SVM buying a project from a relative of Rui Feng’s – but that, too, was disclosed at the time. Whether or not the relative made a profit is not relevant; what matters is how much the property is worth to SVM. The report states, “SVM’s independent directors need to explain how this could possibly be a fair price.” But the appropriate place for such a challenge is directly to management, or at a shareholder’s meeting. Since these avenues were apparently not tried, one must question the motives of the company’s attackers.


    The report makes another big fuss about SVM selling concentrate to a smelter in which it owns at 15% stake. This ignores the fact that this was fully disclosed when SVM made the investment, and that SVM made the investment to ensure better terms for its sales and security for its contracts. This is not a bad thing, but a very good thing. The authors say they were “shocked” to see this well known and fully disclosed fact, but that's a crock.


    More apparently damning are statistics quoted from Chinese authorities that appear to show much lower production rates and average grades than SVM is reporting. There’s a link in the report to a Chinese document and an English translation referring to the “yuelianggou” mine showing these much lower production numbers (there’s no link to the source for the lower grades). The Chinese report may even be real and the translation correct – but that doesn’t necessarily mean what the authors of the report are suggesting it does. The Ying Mine is not one hole in the ground, but a mine complex made of many physical components, and legal ones too. Yuelianggou may be one of these components, and not the whole thing.


    Keep in mind what these accusations are: an anonymous report from a group who is short the stock. We do not place much credence in parties who have an open interest in seeing the share price fall and hide behind trees to take pictures instead of confronting management directly. Again, Louis James has been to the company’s mines twice and refutes these claims, and Jeff Clark has opted to attend the company’s mine tour in two weeks in lieu of our own Summit.


    Could we be wrong? Well, it’s possible. But think about what that would mean. It would imply CEO Rui Feng doesn’t care about all the billions of dollars he could make going forward and has sold his soul for a few hundred million now. We doubt that. It would also have to mean the 43-101 Qualifying Persons who sign off on SVM’s reports are incompetent. Further, the auditors would all have to be crooked. Quite frankly, this would have to be Bre-X and Enron all rolled into one for the accusations to be true. This seems so improbable that we’re willing to bet on it being false.


    What if we are wrong? If we are, our shares could go to zero. The company would be toast, and so would our money. We can’t tell you this isn’t possible, but we see the odds of this being extremely low.


    Management told us the report is “baseless.” They’re working to refute it and will issue a press release “very soon.” The British Columbia Securities Commission is now involved and is asking the parties to come forward, a departure from their usual policy of keeping investigations confidential. The company also has a task force devoted to the issue, and has sought the assistance of various regulatory and law enforcement authorities in both Canada and the US, and are carrying out their own investigation.


    What to do? We still view this as an opportunity, with the caveat that the onslaught of short selling may not be over. And if a third report came out, it would hit the stock even harder. Or, the accusers could be caught or proven wrong and the stock could soar. Either way, panicking is not the right course. We're not changing our recommendation. If you have your full allotment of the stock, hold. If you have room to add shares to your portfolio, we’d still view this as an opportunity. In the interests of full disclosure, some members of Casey Research were filled on bids today.


    ---

  • Silvercorp Metals Inc / SVM (NYSE)

    Chinese Fraud oder klassische Short Attacke?


    Minenportal.de: "Silvercorp Metals: Untersuchung angekündigt, Aktie bricht ein" (http://www.minenportal.de/unte…ndigt-2C-Aktie-bricht-ein).


    Gestern hatten die Shorts ja nochmal ordentlich nachgelegt (http://alfredlittle.com/2011/0…s-related-party-failures/) , was die Aktie nochmal knapp 20% nach Süden schickte. Da wurden am Minenausgang Laster gezählt und vom Laster runtergefallene Gesteinsbroken geologisch untersucht und u.a. basierend darauf behauptet, dass die SVM eigentlich nur 10% von dem Wert ist, wie es momentan gehandelt wird.


    Ich bin gestern Abend after-hours mit einer kleinen Postition bei $6.01 long eingestiegen - schau'n mer mal

  • Primero Mining (NYSE: PPP; P.TO)


    Der Vertrag mit SLW wurde m.W. von GoldCorp vor dem PPP Spin-Off abgeschlossen - er garantiert SLW 3.5M Oz AG jedes Jahr bis zum Ende der San Dimas Mine zum Preis von $4.04/Oz. Alles was darüber hinaus an AG produziert wird, geht zu 50% zum gleichen Preis an SLW - der Rest an AG sowie alles AU kann von PPP zum Marktpreis verkauft werden.


    Angenommen PPP produziert im nächsten Jahr 6M Oz AG @ $50 und 125K Oz AU @ $2000 (ich glaube PPP selbst hatte 200K Oz AU für 2013 prognostiziert) - davon gehen 4.75M Oz AG für $4.04/Oz an SLW - PPP hätte einen eigenen Umsatz von 1.25M Oz AG * $50 + 125K OZ AU * $2K = $312.50M und würde einen Gewinn von zirka $250M einfahren (bei Cashkosten von $650 pro Oz Goldäquivalent (187.5K)) - traded somit momentan bei weniger als 1 x 2012 Umsatz (88.25M * $3.14 = 277.105M) und bei 1.1 x 2012 Gewinn. Give me a break!


    Es ist richtig, daß das an SLW verkaufte AG zum Spot bisher in Mexiko versteuert wurde/wird - dies wird nach Angaben von PPP momentan angefechtet - hat man damit Erfolg, kommt weiteres Geld in die Kasse. Der geplatzte NXG Deal hat weitere $25M in die Kasse gespült.


    Last but not least halte ich Conway für einen guten und ehrlichen CEO mit Eiern der aus PPP eine Erfolgsstory machen wird (sofern es nicht übernommen wird).


    Nach Veröffentlichung von o.g. bullishen Seekingalpha Artikel bewegte sich die Aktie für mich sonderbar nicht nachvollziehbar ... wodurch ich mich zum Verkauf entschloß. 2 Tage später kam dann die Erklärung hier http://www.primeromining.com/N…tlook1126528/default.aspx - die Aktie fiel 10% und ich bin seitdem wieder mit einem größeren Betrag @ $3.20 wieder long.


    Undervalued & screaming buy - imho.

  • SILBER : Märkte und Informationen

    Zitat von Delphin

    1. "Sprott sei ein Papiersilberhändler".
    Fekete hat recht, wenn Sprott nur Papier hat, aber kein Silber. Ist das so? Sprott betont ja gerade den Kauf von physischem Silber. Im Gegensatz zu anderen Fonds. Ob das stimmt wird die Geschichte zeigen. Oder der Wirtschaftsprüfer, ich denke mal der Fond wird einer unabhängigen jährlichen Prüfung unterliegen.


    Im Gegenteil imo - siehe auch hier US Silver Corp./ USA, USSIF (TSXV, OTCQX) - Silver Valley Idaho


    Ich denke, der kauft sich atm bei einigen AG Producern ein, um so seine Hände ggf. an Physisches zu bekommen bzw. entsprechend Einfluss auszuüben.

  • SILBER : Märkte und Informationen

    Zitat von wef

    Ersatzkasse,


    natürlich werden die 300.000 Drachen verkauft! Das sind ja ganze 10 Tonnen! Dieser sagenhafte Silber Hype hat also null Komma null Auswirkung auf die globale Investment Nachfrage, die 2011 hoffentlich über 10.000 Tonnen liegen sollte.


    Dennoch glauben hier Einige dass sie mit ihren 2 Drachen und 5 Philis demnächst JPM "crashen" werden. Die Drachennachfrage zeigt einfach was für ein EM(Silber) Entwicklungsland Deutschland weiterhin ist.


    Die "2 Drachen und 5 Philis " werden JPM sicher nicht crashen - die Eröffnung der Asia Pacific Exchange mglw. schon wenn man Andrew Maguire glaubt: "When fully launched, this is going to have two pivotal effects on the supply/demand fundamentals as worldwide business will migrate to this exchange. .. This will force short covering as existing customers of the LBMA move their business to the Pan Asia Exchange. It will force the shorts to crystallize their losses as the tremendous short leverage will have to be unwound."


    Oder wie John Embry (Sprott Asset Management) kürzlich sagte: “The noted bullion bank, and we all know who it is, has an enormous short position (in silver), which can never be covered with real metal. They are moving heaven and earth to try to prevent the inevitable price rise. They will be overcome and the price will go berserk as a result of that. So once it clears $50, which I suspect it will do in the not too distant future, it’s onward and upward.”


    Oder wie es Peter Schiff (Europacific Capital) imo trefflich ausdrückt: "“I can’t think of a reason why anybody would want to be short silver, but these banks were dumb enough to buy sub-prime mortgages, so I guess they are dumb enough to short silver.”