"The Decade of EPIC Begins"
ASM Avino Silver33 million shares (total)Sprott owns 33%mining since 1500AD or 500 years, reopened currently producingOn NYSE as of yesterday250 tp mill operatingcapacity for 1250 tpLook for yourself why I like it so much!
Oh sorry for two post but8 million in cashunhedgedno debt
First Time poster, Novice trader, physical buyer.LBSR Liberty Star Uranium and Metals Corp.A spec play since they haven't done any drilling yet and their Alaskan Pebble claims are up in the air but this report today sounds promising.http://finance.yahoo.com/news/Liberty-Star-Discovers-bw-2886624799.html?x=0&.v=1
http://www.olivut.com/en/http://www.google.com/finance?q=PINK:OLVRFHighlights of the Itapoty Diamond Project include: 37 diamonds have been recovered from the property by LATDiamond distribution suggests local and multiple sourcesDiamonds found in coarse fraction (1-2 mm)Surface features of diamonds indicate proximal sourcesSample results have yielded numerous Kimberlite Indicator MineralsRegional and local geology supports emplacement of diatremes and dykes
Garry,explain the diamond play?
Tarsis: TCC or TARSFfeatured in a resource newsletter spanning many issues its a prospect generator = lower riskkronos (bought underworld) financed them 1.6 millthey just got another property that has silver do more research im not gonna spoon feed this shit to you
North Bay Resources Inc. (OTCBB: NBRI) -A fully-reporting junior mining company, transitioning from an exploration company to a gold producer in 2011.-Low O/S, low float, majority owned by insiders.-Acquired the historic Ruby Gold Mine in the Motherlode District of Northern California as of July 1-Total resource at Ruby is estimated to contain up to 500,000 ounces of gold.-Fully-permitted and ready to resume production this year. The Ruby Mine is famous for its jewelers-grade gold nuggets, the largest of which (so far) weighs 201 ounces. The company is now preparing the mine for production.-Annual revenue from on-going Joint-Ventures in Canada.-Owns over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.-Properties contain deposits of precious metals, including gold, silver, platinum, and palladium, as well as base metals, including copper, zinc, lead, molybdenum, vanadium, and rare earth elements (REE).-$3 million in work commitments from JV partners in Canada-Business plan based on the Generative Business Model, designed to leverage properties into near-term revenue streams even during the earliest stages of exploration and development.-$5 million equity credit line in place; $7.5 million in non-dilutive EB-5 funding approved in the last week.-Investment bank ACG retained today to help locate and do DD on possible acquisitions and securing additional financing for operations
@Malcolm Good management and good initial surveys. Its a long shot junior. If whats underneath those surface finds if the real deal, then this stock would go banana bonkers. If not, it goes to 0. So invest what you can totally afford to loose and not care about, then place your bets.It is a luxury commodity, which considering the shit storm that's coming, is never great. But all the money printing should still make diamonds act like they always have through out history. A store of value that cannot be printed.Also, Pierre Lassonde owns a load of it and typically pumps it, but he at least also says it's incredibly risky etc...From a forum: Olivut Resources, OLV.V or OLVRF is a diamond exploration company with properties located in NWT of Canada, Uruguay and Paraguay. What sets this company apart from other exploration plays is that it has all three essential ingredients for success -- superior proven management, excellent properties which strongly hint of a "mother lode" diamond tube, and adequate, solid and sufficient capitalization to see their projects through. This is a company that is looking for the mother lode -- a kimberlite volcanic pipe which, if diamonds are found, will be valued at $10-20 billion. In terms of the 31,650,000 outstanding shares, that is a $30-60 stock. Therefore, even a modest investment of 1000 shares at today's prices could prove to be very profitable. Why am I personally very high on this stock? Why have I taken a strong position? First, you have to look at the people who have bought into this stock, not at 20 cents but at 4 or 5 times that. The most famous is Pierre Lassonde, who started the original Franco-Nevada and was president of Newmont Mining from 2002-2006. Pierre owns a little more than 20% of the stock. This man has been a legend in the precious metals (mainly Gold) market because he is a superb businessman and always makes money for those who follow him. Also, management owns a large portion of the shares of Olivut. They believe in what they are doing. That is why they have a big stake in the company. Also, while Olivut has been around for 4 or 5 years, it has not been heavily promoted by marketing artists and sensational claims. The team quietly works hard at identifying and drilling potential mine sites. They are doers, not talkers. While they have not found the mother lode, I think that finding it is inevitable. Drill results have been very encouraging. The most exciting news in this regard has been the recent purchase of the property in Paraguay. In preliminary tests, they found 37 diamonds (not micro-diamonds). The sharp angulation of these diamonds strongly suggests that these diamonds did not travel very far (by a glacier or volcanic action, for example) and therefore, their origin is most probably right on the property. At this point, news from Olivut is on the sparse side. They do have a website. But I follow it like a hawk. I got in at 80 cents. I have more than doubled my money. I would not even remotely consider selling it at this point. In my opinion, this is just the very beginning. Do your own due diligence.
Garry, I caught the interview on King World!Thanks
USSIF (US Silver)no debt, millions in cash, 2.3 mm oz produced, 21.9 mm proven and probable, lots of acreage for exploration, shooting for a listing on AMEX, 2nd quarter results Aug 15th. will be very very good!!
Medinah Minerals, Inc., (ticker symbol MDMN) headquartered corporately in Las Vegas, Nevada, is a junior mining exploration company with mining properties located within the continent of South America, just north of Santiago, Chile. The company’s assets consist primarily in high-grade deposits of gold, silver, copper and molybdenum (moly). At the present time, Medinah Minerals, Inc. is in final Joint Venture Agreement discussions with several potential partners to establish an economically viable bulk mining production operation.Specifically, Medinah’s chief holdings consist of the Alto de Lipangue and Las dos Marias claims. Medinah Mining (Chile), reorganized under the Chilean “Mensura” mining laws, is the registered owner of 100% of the Alto de Lipangue and Las dos Marias claims and Medinah Minerals, Inc. (USA) retains a 50% equity interest in Medinah Mining (Chile). The recently expanded contiguous properties cover an area of approximately 10,000 hectares.The Alto de Lipangue Breccia Mineralized Zone is a very large hydrothermal diatreme breccia pipe intruded at contact between the granodiorites of the Central Batholith and the intermediate volcanics of the Cretaceous "Formación Lo Prado." The granodiorite batholith is deemed to have formed in the early to mid-Cretaceous age and may have been formed contemporaneous with the volcanics of the Formación Lo Prado. The hydrothermal breccia pipe was intruded at later stages and includes brecciated fragments of both rock types. The Las dos Marias mineralized deposit is different in that it is a manto-type deposit, which is a deposit wherein hydrothermal solutions emanating from a late stage intrusive event, such as the adjacent Alto de Lipangue Breccia pipe that percolated through porous or permeable volcanic tuffs or lavas and deposited the contained copper and other metal sulphides into the host rock. The hydrothermal solutions were able to replace permeable volcanic rocks without causing extreme alteration of the less permeable or impermeable rocks within the stratigraphic column, thus there are horizons between the "mantos" in the deposit.Medinah Minerals, Inc. also participates in ownership with a 5% interest in the Madre de Dios project located in South Central Chile that was the subject of a recently completed Joint Venture production agreement with Compania Minera Pumillahue. The equipment for the processing of metals is now on the Madre de Dios site and has been assembled for plant production.Medinah Minerals, Inc. also has a 15% interest in the recently acquired “POLO” claims located in the low Andes, South of Santiago, Chile.http://www.medinah-minerals.com/Joint Venture agreement has taken longer than expected to be announced, but I know of two funds which have been accumulating this year in anticipation. Check the charts.