Posted by rahrens_1 on January 09th 2013
An interesting read with some analysis by QB Asset Management that has a plan to being back stability to the banking system. Would be sweet, but I don’t see it happening. See link here. Jim Sinclair has said gold is moving back towards the financial system, not away from it. The comments I find most [...]
Posted by rahrens_1 on December 12th 2012
The following is strictly my opinion with a bit of spectulation thrown in, please do your own research. I attended a McEwen Mining (MUX) luncheon today. Rob presented his standard presentation, with an update by Ian Ball on the status of the various projects. These luncheon’s are held at McEwen’s head office in Brookfield Place [...]
Posted by rahrens_1 on July 28th 2011
Things are certainly getting interesting with Rubicon Minerals (RMX) after the markets closed tonite, Agnico-Eagle Mines announced at $70 million strategic investment in RMX, representing 9.2%. As noted on stockhouse this is a similar pattern to before Goldcorp took out Golden Eagle. I find it interesting that Agnico started with a 9.2% stake, if they [...]
Posted by rahrens_1 on June 30th 2011
The AGM I attended the AGM this afternoon and it was worth being there to see be able to look them in the eye and to hear the chatter afterwards. The formal meeting portion was quick and uneventful. In the presentation Adamson definitely focused on where they have come from and what has been achieved [...]
Posted by rahrens_1 on June 24th 2011
It’s certainly been a couple interesting days for Rubicon stock. Gold is down over $40/oz, most gold miners are also down yet Rubicon is up about 15%. It has moved above the 20 day, and 50 day moving averages and today is just below the 200 day moving average of $4.70. If it gets above [...]
Posted by rahrens_1 on June 01st 2011
Rubicon Minerals had the final delineation results out with some impressive 1oz and 4 oz holes, granted over short distances. It seems to have confirmed the presence of multiple gold zones but the market didn’t seem to receive these results well and the stock closed down at $4.56. I think everyone is waiting for the [...]
Posted by rahrens_1 on May 13th 2011
An interesting update from Stanford Wealth Mgmt. They believe the BC regulators were just doing their job given how rare these large high quality finds are. They also believe when everything is delineated the 13 million oz number may be conservative. They believe Rubicon Minerals (RMX, RBY) has the potential to move up to an [...]
Posted by rahrens_1 on April 14th 2011
Rubicon had out some great updated drill results. Showing 1.15oz/ton over 56 ft and 5.25oz/ton over 11.8ft are certainly impressive numbers. See pdf release here. There is also an updated corporate presentation as of Apr. 6th available here. Doesn’t appear to by many updates other than incorporating some of the graphic from the latest press [...]
Posted by rahrens_1 on April 12th 2011
John Ing (from Apr. 8th, 2011) Note: Just an observation, but John Ing always seems to appear at Rob McEwen events, saw them chatting during the McEwen Captial reception and he’s usually at US Gold’s AGM’s. Granted his does cover US Gold. worries about a Sovereign Debt default in the US 300 million in China [...]
Posted by rahrens_1 on March 31st 2011
The ammended Geological Potential estimates are out. A couple interesting observations: The numbers are run from 0 – 1200m instead of 0 – 1500m like the original. Meaning the pullback in estimates was on a smaller depth, implying the estimate may not have changed much if you did an apples to apples comparison. Time will [...]