Hello Billy, I was talking to Sherm last night and told him I had a buy price for UGAZ at 20.99, I just got home and see I just barely missed it, the low was 21.07 missed by 8 cents
Hello michno, I am still holding on most of my UGAZ, I did sell some at 24.09 and have a bid in to try and get those back at 20.99, hoping for another flush out. have a great evening
iu3rdstung wants you to believe its only 700. First half of this year Barrick lose was 8.5 billion, heres last year report with gold cost figures for this year. I will let iu3rdstrung find his proof to back up what he states which he refuses. Here is my proof directly from Barrick, The company reported a fourth quarter 2012 net loss of $3.06 billion ($3.06 per share), including a $4.2 billion after-tax impairment charge primarily related to our copper business unit. Adjusted net earnings were $1.11 billion ($1.11 per share)(1).
For the full year 2012, Barrick reported a net loss of $0.67 billion ($0.66 per share), including after-tax impairment charges of $4.4 billion. Adjusted net earnings of $3.83 billion ($3.82 per share) were the second highest in the company's history.
◾We recorded a total after-tax asset and goodwill impairment charge of $3.8 billion for the copper business unit in the fourth quarter, as the new life-of-mine model for Lumwana reflects higher operating and sustaining capital costs and reduced profitability.
◾Full year 2012 operating cash flow of $5.44 billion was a company record.
◾Pascua-Lama estimates confirmed: $8.0-$8.5 billion in capex and first production targeted for the second half of 2014.
◾Pueblo Viejo now in commercial production; ramp up to full production expected in the second half of 2013.
◾Replaced total gold reserves and doubled the resource at Goldrush in Nevada.
◾Strong operating results with fourth quarter and full year 2012 gold production of 2.02 million ounces and 7.42 million ounces, respectively.
◾Gold all-in sustaining cash costs for the fourth quarter and full year 2012 of $972 per ounce(1) and $945 per ounce, respectively. Total cash costs were $584 per ounce(1) for the fourth quarter and full year.
◾2013 gold production is expected to be 7.0-7.4 million ounces at all-in sustaining cash costs of $1,000-$1,100 per ounce
I will repeat it again very slowly, how did Barrick lose 8.5 billion dollars in just the first half when gold prices were even higher? Explain, Next question since you only want to say 55% at 700 and leave out the rest, what is Barricks total all in cost average? one more thing I must remind you of AGAIN I buy low and sell high, you sit on one position while I made 3 trades in Gold already. Percentage wise I made far more then you but you don't understand math or business. Now answer the main question on Barricks lose and TOTAL all in cost
Those must be some of the dumbest top notch doctors, here is bitmecoin tanking,
or Sign up
Trade with confidence on the world's largest Bitcoin exchange!
Mt.Gox is the world's most established Bitcoin exchange. You can quickly and securely trade bitcoins with other people around the world with your local currency!
Yes everyone read it, then ask this clown iu3rdstring why did Barrick who produces gold for 700 or less lose 8.5 billion, this nut will never answer you. If Barrick can produce gold for 700 or less there stock would go through the roof. You will never get a complete detailed answer from this guy, but let him short it to 300 as that's what he says gold is worth.
I know Bernanke has been bashed a lot over QE`s he started but then Europe realized it worked so they did the same thing. Bernanke professor since this QE is new and was never used but did help the economy, he believes in a slow tapering but Bernanke hasn't said anything. I am going to assume it would be to dangerous to pull the plug. It will be a slow tapering which will help gold go up, if they pull the plug gold will drop, I agree with what you said
Obama announces he will NOT negotiate over raising the Debt ceiling, add another trillion dollars to the spending bill, which means Obama wants to protect the economy by slowly tapering instead of pulling the plug on tapering, we will know by Wensday, good luck everyone,
By Claudia Assis, MarketWatch
SAN FRANCISCO (MarketWatch) — Exploration and production companies are likely to keep favoring crude oil in their production mixes despite the recent gains for natural-gas futures prices.
For most producers, oil projects continue to provide a higher rate of return than gas projects, analysts at Simmons & Co. said in a note to clients Monday. E&P companies are more likely to increase their gas hedging positions at these prices and use the improved cash flows to support oil drilling programs, they said.
Higher gas prices should provide the companies with an incentive to start some gas projects on the margin, but at this time we do not expect any large-scale shifting of capital expenditures and activity to natural gas, Simmons added.
The wild card is winter weather, however. Unusually cold weather for the rest of the winter would push gas prices higher and even spur some additional gas drilling, Simmons said.
“The importance of cold weather cannot be overstated as it can lead to substantial storage draws in a very short period of time. In addition, with more gas production concentrated in the (lower 48 states) onshore, there is a greater risk to supply disruptions from freeze-offs.”
Hopefully, but to be honest, there are people that set up private yahoo boards and invite only certain people. Its like ERX has its own private board and is by invitation only but I wouldn't join. I know the boards can be a pain sometimes but I still learn from other people and the insights they have. The market is always changing and regardless if I may not agree with some, they do have certain info that I take into consideration and it would be great if some came back, good luck
and may I ask what value do you provide? Greedy wont even take your advise after he reads your betting on a bankrupt coal stock worth 4 cents and you tell people its headed to 9 dollars possible 12 dollars a share,,,,,
bkluck • 1 hour 40 minutes ago Flag
0 users liked this posts users disliked this posts 0
Agreed. Patriot emergence is a key catalyst, but I believe we will bleed slowly until then. At the current price erosion, that would put us near $9 by year end, but then I assume an upswing. Likely a quarter or 2 to get us back to the $12 level, but then I see more resistance as recent buyers (from the September offering) try to get out near even.
Hello Billy it doesn't work for a lot of them, mainly the ETF`s but hopefully they will get them fixed, it was a pain doing it the way I have been.
I bought UCO only because demand picks up until Christmas is over, also oil companies do not take imports at this time of year. There supply is at the upper 5 year high and oil companies want to get rid of inventory oil by December 31 to bring down inventory tax, they do it every year, good luck
Hello motobec welcome to the boards, I just checked out JNUG and JDST and see what you mean on the low volume. I like playing gasoline like UGA but it also has very low volume, I would rather play higher volume, but that's by choice. With junior miners I play GDXJ if I play them, but I usually stick with the majors like GDX, good luck
The MESSAGE link finally works, it used to be blank for a long time. I used to go to another board then type in to get to this board, don't have to do that anymore, see if it works for you.
at 27.90 bought at 26.10 so I only made 1.80 a share on those but still have my high price ones that I bought at 32.95 and sure hope it pops high this week to sell them even at break even would be nice, good luck everyone