Here go one of the cardinal rule of betting on a horse race. If you buy a wrong ticket (no matter if it was your mistake or the clerk), do not change that ticket. Live or die with the "wrong horse". If you change your ticket, the "wrong horse" will win. It happen every time It what some people call "uncanny".
That the main reason Do hold onto Centerra. Do's friend Ultra advise that Do sell. Maybe Ultra r
How are things going guys? Been busy but have been thinking about y'all. Saw a couple of news items on CAGDF, & they seemed a bit negative, hopefully, they don't get forked over by the 'Stan. I saw they've gone up a bit which is good.
So far still doing well on my best picks FB, NVDA, AAPL & TECK Plus I made some money on MYL and NOK. Took a hit on TEVA, and HP, couple others. Holding FCX DIS, BX, CSCO and PFE longterm. (Did not get into FCX when it was dirt cheap.) Got hammered on NSU and Trov but holding NSU. (I know Ultra, you did not like NSU) They have a new CEO, hopefully he's not another Potato head, and are still partners with FCX in a world class development. My call on future copper prices.
Fortunately, I've made back some of my errant calls over the last year on Bitcoin in the last month. Wish I'd gotten in at the beginning of the year but I wasn't that smart. The volatility of BitCoin (among other aspects) is pretty scary. Trying to keep a core position and trade around it. So far so good, but we'll see. At some point BitCoin will either be the world's currency or the last (albeit expensive) pet rock. Anyone getting into it keep your positions modest and keep your finger on the trigger.
Do lo when
Here go another example of the slimy deals of Haddon and Perron, TC, in the midst of all their trouble, decide to buy an adjacent piece of land. Do forget the particulars. Money left the TC coffers. Lots of people say that was a stupid move. Do believe it was stupid for shareholder. Do also believe it was very profitable for Haddon and Perron.
Now a bean counter might say "all the numbers are correct. everything in order."
A people person would say "something fishy. why we buy that land. what was in those two suitcases delivered to Perron and Haddon?"
Those guy collected "bread" (that what Chinese guy call money) on every deal some guy here call "dumb"
As Do's old sarge would say "get your head out of your duffelbag."
So has CG broken out the TC operations cash flow and profits?
Jim Cramer go nuts on his television show "Mad Money"'. Why Skippy say that? Cramer have gold mining CEO on his show. Tony ????, CEO of Kingsbridge Lake Gold mining company. Low cost producer with mines in Canada and Australia. Just listed on NYSX. Cramer all excited about it. Cramer never like that. Never recommended any gold or silver miners. And guess what? This gold miner came about with the merger of many gold mines. One was St. Andrews Gold. Do you remember that company? That miner is where Mr. Potato Head come from. LOL.
Earning estimates for next two quarters and the year way up by analysts in last seven days since news conference. Not sure why no increase in corresponding price targets? 2017 average estimate is at 0.87 which puts us currently with a PE of 7.8!!! Someone will notice and the dam will break.
Do lo when
OK, Ultra, you lost money here but you loss less than the rest of us. Congratulation. Do hope that make you happy.
You were the expert on the board. There no doubt about that. Many guy bought and continue to buy based on your never-ending posts. Not Do though. Do bought one time all at once and Do still hold.
Had TC attain the lofty goal you thought they would, guy like Crackle would be calling and thanking you. Do feel sure you would be magnamus saying something like "That OK, Crackle, I was glad to do it". (you probably cream your pant)
But alas (that mean "oh well") thing turn out differently. Some guy blame you for their losses. That not right. But you a big boy. A CPA. You should have said "sorry, fellows I blew that one"
Instead, you come back and call the guys "morons". That not nice. That not how a "big boy" act. Try to act a little more mature in the future.
Do lo when
Extra, Extra Read All About It.
Biggest story of the last 10 year. Idho (that mean "in Do's humble opinion).
The Nation Magazine by Patrick Lawrence
The gist (that mean what it about) is the DNC wasn't hacked by the Russians. Or any other country. The material was downloaded by an in-house tech. It took about 87 seconds.
Former NSA employees did the test.
Let see if this makes the news tonight.
OK Privat. You know that we are friends. We are aren't we? So I am not going to deliberately "set you off". But I can't resist it. So I will just type in one word: T-meds. Lest you forget. LOL.
Copper pushing $2.95 a pound.....
Centerra gets 15% of that, on 18.75% of it's copper........
Royal Gold is all smiles.....
I will be so glad when Verizon akes over Yahoo and fixes this MB.
Do lo when
Do, wife and girlfriend left Las Vegas last week and drove to Vancouver. Boring ride until Twin Falls ID where there is a HUGE canyon. It beautiful. We should have stopped there but didn't. Next scenic thing we came to was some mountain pass on Interstate 90 about 20 miles east of Seattle. Now we in rented house in North Vancouver.
If you guy want to know what is being said about mining scam, you have to come up here yourself. Research the old Vancouver stock exchange. Why it was closed etc.
After 110 degree heat in Las Vegas, it really refreshing to be here. We don't lose our money gambling, we don't gain weight eating at the free buffet, and we don't have to stay in a casino where they allow smokers. That part not enhance our way of life.
Now Do make a few predictions. Most of time Do's predictions come true. Not always. Don't make any bets.
1) Alabama will not cover in their first game. 2) Crackle will recoup a little of his loss but that will not stop him from moaning. 3) Mrs Skippy will relent and let Skip buy a few K-rands but she will insist he help in the kitchen. 4) Ellen Degeneres and Fox News guy Sheppard Smith will announce sex change operations. She get his equipment. They both save a little money
If you g
Any idea for the drop this morning for Centerra Gold Over-the-counter and no trading for Canadian exchange? At least by Yahoo.
Do lo when
Well it about time. Do has been preaching about corruption in the mining industry. It seem Ultra finally got it. Or did he?
Ultra list one mistake after another. Calls them dumb moves. To us guy who invested, they were dumb moves. They cost us money. But to Haddon, Perron et al, each move made them money. Lot of money.
We all made the mistake of buying a company run by a couple high end pick-pocket.
Learn from this experience. Don't get taken in by news release by the company. That what they consider "foreplay". You know what come next. lol
Did TCM ever get the permits to start mining again? Would Ultra's head explode if CAGDF sold FCX the moly assets in a fire sale? Ultra, how are those European moly warehouses looking these days? Getting tight on supply?
Do lo when
Here go an idea to increase profit:
Bomb Shelter Rentals at the Mt Milligan mine. Some of the old tunnel where the miner have already taken the ore. They just sitting there. Let buy a few cot and rent to the "nervous nellies"
Article on Kstan / FDI / etc. Talks about kumtor too.
Kyrgyzstan: Caught in a Web of International Investment Agreements
Corruption has not only limited FDI into Kyrgyzstan, but forced the country to accept unfavorable treaty terms.
Do lo when
Do is a follower of Kim Dotcom's twitter account.
It look like some very powerful forces wanted to force Hillary down the throat of the American voter. First with poor Bernie Sanders who without the "super delegates" was just about even. We later learn the DNC was "rigging" things for Hillary.
Then, perhap, a DNC staff member sent a bunch of stuff to Wikileaks which WL posted on the net. The FBI had a mole at WL and informed the DNC they had been hacked. Probably by the Russians. Hence the current climate.
Kim Dotcom claims to have knowledge of the DNC staffer who started this things off. Kim also a friend of Julian Assange founder of Wikileaks,
It like a mystery novel unfolding right before your eye.
Skippy at the horns of a dilemma. What to do? What to do? Should he call Monex this morning and buy 10 oz. of gold? Maybe buy one contract of GLD? Maybe add to his holding of ABX and buy two shares of it? Maybe look at junior gold and silver miners? Maybe just go back to bed? LOL.
Do probably sleeping now. Dreaming about all the gold underneath bed. He soon wake up. Do go outside and look up in sky. See famous NK missile "Who Gong" flying straight for him. He still have time to take shelter with gold underneath bed. LOL.