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AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Top Stories

  • FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

  • LOMIKO METALS (TSXV:LMK) Paul Gill Discusses Exploration Initiative with James West of Midas Letter Read More   |   *SPONSOR
  • GRAPHITE DEMAND Seen Surging from Fuel Cells, Nuclear Reactors, Graphene Read More

 

 

Message: Notice of AGM...

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Re: Notice of AGM...

in response to Notice of AGM... by analogueman
posted on Apr 17, 08 08:13PM
Actually surprisingly there are plenty of juniors out there close to having a mine. That being said they are often in the same boat little or no cash. The other problem is there is a strong belief that gold will move down by this time next year and settle in the $650 range so investors are holding back on anything but "low cost" mines. The last I looked and correct me if I am wrong TLG was talking a cost of $500 plus on the gold side given the blow ups on the cost fronts these days investors including me would want to build in a at least a 20-25% cushion. Yes I realize TLG has plenty of silver however there is plenty of risk here. I am watching it closely and will sit on the sidelines for now! If things turn positive I will jump in quickly. But for now I am parking all my investment dollars in producers, near term low cost producer or near term mid-range producers with cash. I like many believers in gold piled into Goldcorp 2 years ago. More recently I piled into a few junior value plays. APG got in in the .40's they are a producer and there new mine will be up and running in a year. IAU trading in the .20's are producing at a cash cost under 400 and will have a new mine up and running in 1-2 years have plenty of cash. Ni on the nickel side will have Quebec mine up in a year and Manitoba in 2 trading in the .50 range. Continue to watch and all the best!

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