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Silver Wheaton Corp. Message Board

newscentral2002 30 posts  |  Last Activity: 11 hours ago Member since: Oct 16, 2002
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  • Reply to

    Another day of manipulation

    by beastinem May 19, 2014 1:36 PM
    newscentral2002 newscentral2002 May 23, 2014 12:33 PM Flag

    Yourself and Mainman should be happy that the testing and commission at El Cubo is now completed. The foundry and filter plant are really to go. This will make a big difference (internally).

  • Reply to

    London Silver Fix

    by beastinem May 20, 2014 6:19 AM
    newscentral2002 newscentral2002 May 23, 2014 2:09 PM Flag

    Silver fix: Higher price sales and strategies may slow EXK from selling their silver production through the exchanges. That's a plus. This would provide them with more leverage in setting the price at which they sell the metal to their contract buyers. The New York fix will still be in place, but this will slow the 'money transfer interest rate settings' with money transfers and over-night rate on EURO POUND DOLLAR gold. That's a plus.

  • Reply to

    London Silver Fix

    by beastinem May 20, 2014 6:19 AM
    newscentral2002 newscentral2002 May 25, 2014 2:34 PM Flag

    Doubters need to call EXK and make an appointment to speak to geology management and operations. At El Cubo, detailed engineering, piping, instrumentation and higher power electrical for both the foundry and the completed filter plant is now in complete operation. The filtering makes it easier for processing different metals. I said before in posts that gold is their goal and give all locations. They have started doing that in several of those locations.

    Since late December, I had been posting on a private alumni board and there's some very big investors with billions in total assets. I had posted about mapping on this board and ( photo analysis ) on this full tech resource board. Their are many occupational earth science and graphic engineers there. They like my research. I had recommended a swing trade position twice since December, but expressed economic externals suggestions as to take some money off the table after decent pointed gains. When I see a bottom, I will post buy and hold.

  • Reply to

    London Silver Fix

    by beastinem May 20, 2014 6:19 AM
    newscentral2002 newscentral2002 May 28, 2014 8:32 AM Flag

    Referring to my first post on this tread: Silver fix:
    Actually, you don't need higher knowledge to know that most contracts are renewed at the end of the year. Just the use of the phone to double check is needed from the higher knowledge folks at EXK corporate. And I did.

  • newscentral2002 by newscentral2002 May 30, 2014 3:26 PM Flag

    In a post you said "The "FIX" will always be a fix for the powers that be to control prices and cover there derivative positions." You talk about the paper money trail. In others posts you mention HFTs.

    I agree. Very much so. Derivatives and their use to gold is the game - the paper game. Myself, having posted tons about derivatives and how they are used has been useful to me in both currency and metal trading. I'm almost ready to buy a large position in EXK.

  • Reply to

    question for news guy

    by cummingbass Jun 5, 2014 12:47 PM
    newscentral2002 newscentral2002 Jun 5, 2014 1:43 PM Flag

    Yeah, yes I think the same with central banks here. As the E.C.B. is moving to a negative interest rate, they will instead have to pay the central bank to park money there.

    Maybe the banks won't pass these negative rates to customers, but instead start to charge fees for account maintenance.

  • Reply to

    Looking Forward

    by tthemainman38 Jun 10, 2014 12:07 PM
    newscentral2002 newscentral2002 Jun 10, 2014 1:29 PM Flag

    I agree. I posted this on Nov 9.

    I just finished reading 'Deposition of the Upper Ore in the El Cubo Mine, Guanajuato Mining District,


    Drilling intersected strong mineralization in both the Villalpando vein and the Asunción vein.

    There's a "sequence which is intruded by three main north-west trending silver rich vein systems that extend between 10km and 25km along strike. Known as La Luz Madre and La Sierra, the veins systems host gold and silver in ratios ranging between 1:72 and 1:214." I had talked about this as with the San Sebastian project in Jalisco state and extending rich veins at Guanacevi and Bolañitos by use of mapping. Mapping works well because the principal rocks hosting the ore shoots......

    Guanajuato Conglomerate for the lower ores and Bufa Rhyolite for the upper ores show fault-associated deposits focused as open-space fillings in fracture zones. Veins hosted in the relatively open spaces will be/is primary mining targets. This is a easy study by the use of mapping. Stope mining with the use of scoop trans can be seen with Goog maps.
    ------------------------------------

    Today and Future present
    As we know they are now there. They are there.
    Will they be pulling large gold deposits soon. We will see. It's there.

  • Reply to

    Looking Forward

    by tthemainman38 Jun 10, 2014 12:07 PM
    newscentral2002 newscentral2002 Jun 10, 2014 2:43 PM Flag

    Bibliographic information

    Title Deposition of the Upper Ore in the El Cubo Mine, Guanajuato Mining District, Mexico
    Author Riki Girnius
    Length 48 pages

    Fluid inclusion and mineralogical evidence for boiling of metal-bearing solutions is found in gold-rich portions of the eastern Sierra system; this part of the system is interpreted as the least eroded part of the district.

    Recent investigations conclude that the boiling level was above the eroded surface that contains the Lower zone except for the gold-rich Cubo mine whose upper workings are above the reconstructed boiling level.

    Spatially, the deep base metal-rich ore and the gold-rich assemblage of the Lower zone are related to plutonic phases adjacent to and within the collapse feature, respectively. Overall, the mineralizing epoch at Guanajuato is contemporaneous with widespread mid-Tertiary magmatic activity and formation of fissure-vein metallic deposits in northern Mexico, attributable to subduction processes.

    Articles citing this article
    Epithermal deposits in Mexico--Update of current knowledge, and an empirical reclassification
    Geological Society of America Special Papers, , v. 422, p. 377-415
    AbstractFull TextFull Text (PDF)
    Mesa Central of Mexico: Stratigraphy, structure, and Cenozoic tectonic evolution
    Geological Society of America Special Papers, , v. 422, p. 41-70
    AbstractFull TextFull Text (PDF)
    AGES OF EPITHERMAL DEPOSITS IN MEXICO: REGIONAL SIGNIFICANCE AND LINKS WITH THE EVOLUTION OF TERTIARY VOLCANISM
    Economic Geology, , v. 98, p. 1029-1037
    AbstractFull TextFull Text (PDF)
    Reduced porphyry copper-gold deposits: A new variation on an old theme
    Geology, , v. 28, p. 491-494
    AbstractFull TextFull Text (PDF)

    Mineraium Deposita - Gold rich El Cubo -M Mango, Arehart, others
    Author Affiliations
    1. Department of Natural Sciences, Castleton State College, 233 South Street, Castleton, VT, 05735, USA
    2. Department of Geological Sciences, MS-172, University of Nevada, Reno, Reno, NV, 89557-0138, U

  • Reply to

    Looking Forward

    by tthemainman38 Jun 10, 2014 12:07 PM
    newscentral2002 newscentral2002 Jun 10, 2014 2:52 PM Flag

    With the exception of the book by Riki Girnius, all data was published this year. The Geo satellite (C) mapping will hurt your eyes.

  • Reply to

    any opinions...

    by shiftsuper175607 Jun 11, 2014 3:50 PM
    newscentral2002 newscentral2002 Jun 12, 2014 9:59 AM Flag

    There are over 20 EXK research reports ( geo studies) completed this year with most published in May. Mostly about the gold - El Cubo. I listed several references two days ago.

  • Reply to

    Looking Forward

    by tthemainman38 Jun 10, 2014 12:07 PM
    newscentral2002 newscentral2002 Jun 13, 2014 12:24 PM Flag

    MSN - Investing --- EXK number one gold/silver miner to own. I would expect an announcement on El Cubo gold, but then again Mr Cooke likes conference calls. It's been years since I'm seen so many private/public studies done on a mining location. Often private studies are followed by M&A activity. Possible, because Sebastian is also prime golden.

  • Reply to

    The financial tension in the air is palpable

    by quailrunrd Jun 19, 2014 2:43 PM
    newscentral2002 newscentral2002 Jun 19, 2014 8:43 PM Flag

    "So many black swans circling U.S. reserve currency status." Great post - a banking $ reason behind all of this is: Investment banks have been buying fixed-for-floating-rate swaps and buying gold. I saw this three weeks ago as I started to post super bullish. I said this would not be a quick swing trade. Internals - gold to be mined - will also give EXK support, but we may see a few down days in the nearer term.

  • Reply to

    The financial tension in the air is palpable

    by quailrunrd Jun 19, 2014 2:43 PM
    newscentral2002 newscentral2002 Jun 19, 2014 9:03 PM Flag

    Posted this on March 26....

    Make it simple - keeping it simple is just fine for mining stock investors.
    Look for US interest rate news. A plus is to also watch China rates. Watch Yellen for continued talk on rates. Some FED voting members disagree on the time to raise rates. If the FED and Janet stop the talk about raising rates this year, --- $$$

  • Reply to

    The financial tension in the air is palpable

    by quailrunrd Jun 19, 2014 2:43 PM
    newscentral2002 newscentral2002 Jun 20, 2014 11:47 AM Flag

    I said that we may see a few down days in the nearer term, but we are now over sold.

  • newscentral2002 newscentral2002 Jun 23, 2014 9:58 AM Flag

    I posted at 5.19, then went quickly to 5.28.

  • newscentral2002 newscentral2002 Jun 23, 2014 10:05 AM Flag

    So far today higher. I have posted over and over what I watch. I believe that I have called several nice movements, longer than a week. What do you watch for direction, longer than a day?

  • newscentral2002 newscentral2002 Jun 23, 2014 2:38 PM Flag

    Mainman: I like to swing trade here. I can make better easier money day trading other stuff.

    I agree with you about the risks with options, but I often find apparent reasons these days in directional movement. I follow banking derivatives over the price of silver. This is of small value for a day trade, but it will help in a nice several day swing or up to a few weeks or maybe months. We haven't seen rolling months for a while, but I agree it might happen again.

    Pick something of value, make bets on the future value of "something", add contract & you have a derivative. This is how banks are now playing. They play the reflections on interest rates that reflects the economy as macro. A while ago, I believe that I wrote my best posts about this.

  • newscentral2002 newscentral2002 Jun 23, 2014 3:04 PM Flag

    It's really important to say from last paragraph - last post - ' Not only the US economy, but world economies as macro.' Just watch interest rate bets by banks from banking disclosure and reporting sites.

  • newscentral2002 by newscentral2002 Jun 23, 2014 4:12 PM Flag

    Derivatives, unlike other financial assets, are not regulated. In the stock market, there are restrictions on how much you can borrow against your assets. Many international banks are relocating their assets - a world economy bet. There been several structured banking deals (direct and indirect sponsor) including M&A in the last few weeks. Interest rate talk from Janet is what was needed. The FED is also bullish on a 8000 DOW. THIS IS their thinking, but I'll take currency / commodity insurance associated plays from their use of derivatives.

    Just one bank that I've been watching is CITI. They may sell a lot of assets. I heard a confirming statement on CNBC today, from one of their talking traders. Banks control money and fund investment controls EXK. If one isn't watching banking use of derivatives per rates, then I wouldn't be investing in the commodity space.

  • Reply to

    Added more!

    by goldex3 Jul 15, 2014 3:20 PM
    newscentral2002 newscentral2002 Jul 15, 2014 4:55 PM Flag

    Wasn't able to have my computer on for the regular session. I bought 2000 in AH.

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