Oldtent Archives 2007 - 2008

Heck, I have no shame.  Chopin all around… for everyone!

He he heh… this is easier than printing money.  Electronic drinks for everyone!

I live in central part of the state along the Salmon river.   Shortest way to Reno is  through Boise then to Jorden Valley. 

from dealbreaker.com

We’re hearing rumors that Caxton Associates is blowing up. Caxton is one of the largest hedge funds in the world with around $16 billion under multi-strategy management so this would be huge and, as they say, unlikely. Some are saying it’s because of the move SEPR has made of over the past few weeks (Caxton’s largest equity position had been SEPR), others that it’s the very fashionable credit situation. Right now, all just hearsay. Maybe funds this large don’t blow up. Maybe Caxton was already a red giant, and will contract into a white dwarf under a sea of redemption requests after some significant losses. Only then will it be ready for a supernova. Heard anything?

It’s all in the chart.

Grandpa

Hi All,

  Just read an article by Mike Hoy about Aue Gor and a new one - Rocher Deboule, all run by the same guy. It was glowing, exciting - thats how I get in trouble. I read the postive sories and only later find out why I didn’t make money.  So I thought I’d put it out here this time and either give a hot tip, or find out where the hook lies !!

  As far as AUA goes, it was big and grwoing resource, undervalued, and just about to ne permitted with infrastructure in process. With Gor, also great management, way undervalued, also to produce soon and on top of the Goldmine in China, they are finding Moly in NA . Then he touts the Rocher deboule RDBHF and this one sounds really sexy - 2 Manganese properties, former producers with historical estimates they cannot clain, needinh “COMPLIANT” studies, exploration potential , way undervalued and an IOGC that looks to be HUGE with Gold, Copper, Lead, Siver, Zinc and he says looks like Nova Gold’s find so far. He says he was on the Board of Nova Gold at one time. Any thought ?? I have just been reading that manganese is running into shortage in about two years and is replaceing Nickle in lower grades of Stainless Steel as well as big use is Solar, Batteries, and more. Hmmmm. I am teriible at research, no time, lack skills.

   Also pondering ECU, first heard it has humungous reserves and bought in, then later read it has diluted terribly and thats why it languishes, some say it is a steal held down by the shorts?? I dunno. I have had zero time to study for motns and need to reasses my stocks. I thought I had an advisory service i liked, but it is difficult for me to follow - too many picks, many too risky ( Columbia with guerillas mining around the mines, very longterm, etc. Another was good picks, also too many and rarely talked about the stocks - had his own esoteric language and pontificated about everything including health, but rarely told you enough about the stocks . He was a good picker, but with about 50 listed and not much about where, why, what etc. it was like shootin’ in the dark. Guess Who ??? probably shouldn’t say??

  So I’m more on my own and really appreciate the wisdom here - but sometimes I get an upside at one time from someone and a downside later from someone else ( really speaking of GE as this is new). I enjoy discussions on stocks where there’s a lot of input here !!!! So any comments on the ABOVE welcomed !!

Thanks All

in Bahrain they are bullish on gold…..

www.gulf-daily-news.com/Story.asp?Article=189281&Sn=BUSI&IssueID=30134

fingers crossed.

“As far as the precious metals stocks are concerned, while the correction last week may seem sharp and brutal, the technical picture remains positive. A rebound along with the rest of the market should happen shortly.

The moment of truth for the precious metals sector will occur when the next stock market decline commences. This decline will happen during a steepening yield curve environment, which is very bullish for gold. At that time, the smart money should start reallocating into the real safe haven - gold, not the US treasuries. As a result, gold and gold stocks will not follow the general market to the downside. This will mean that the new leg of the gold bull has begun.”

At this critical situation we remain bullish and see this decline as another buying opportunity.
30 July 2007

Boris Sobolev
Denver, Colorado
Resources Stock Guide

http://tinyurl.com/3dmr5x

Because I used to get great amusement out of the people here and GE that would post about him….flip - flop - in - out….

I am getting tired of AUA, just barely above water on it.  PBX is a spec play and have owned it from .40ish

I have been thinking about northern dynasty for a while, but it just kept going up.  Maybe I should bit the bullet.

I wasn’t aware of Roca.  I need to look at it, with a mine being developed.  Probably a good entry point here.

I just don’t get it!  Other than the furtherment of the military-industrial-complex in their global goals…how can anyone “feel good” about who gets what when it comes to armnament….at US taxpayer expense no less.

I just don’t get!  Hedge funds get tax breaks…legally avoid “investment” practices clamped on the average guy…and all is fine with the world…no problem.

I just don’t get it!  Corruption and deceit in business, government, etc. etc. etc. (Yul Brenner) borrow…goes on without comment or criticism…save for the likes of Lou Dobbs & Ron Paul.

I just don’t get it!

I’m about ready to abandon this sinking ship.  I wonder if there is a place somewhere where we could roam free as a bird….without the need for hip boots as protection from the rising level of BS.

Guess that’s too much to ask for in the real world.

Just thinking about things…a dangerous adventure in this world…all things considered. 

Not to worry because Israel is going to get $50 Billion of weapons to keep it even.

GET GOLD!

…maybe they wil start trading…?….he must have had O Js Lawyer..hehe

Bre-X’s Felderhof found not guilty
Acquitted on all 12 counts
Peter Brieger, Financial Post

Published: Tuesday, July 31, 2007

TORONTO — The Ontario Securities Commission said it is considering whether to appeal Tuesday’s verdict in which John Felderhof was found not guilty of insider trading and misleading investors in the multibillion-dollar Bre-X gold fraud.

Ms. Rice’s announcement of $30 billion in weapons aid (spread over a few year I presume) to Egypt and Saudi Arabia, and with, according to the BBC news item, “the approval of Israel”.  Let’s pretend for a moment that this weapons buildup in the Middle East is totally meant as a message to Iran, but even with such an assumption  I cant figure out the idiocy of such arms expansion in the Middle East and Israel’s alleged backing of this step. 

I guess this is not the forum on which to express such consternation, yet I cannot help but expect that some day such foolish military steps are going to have a bearing on the value of gold worldwide, regardless of the currency in which the gold price is expressed in the future.  As I start to take heed of my limited remaining years in these markets influenced by global events, I stand in total bafflement about the purpose and desired objectives of the weird Rice announcement today.  I am not asking for any explanations or justifications, for I fear I will not understand those either.

That would be even BETTER than the real thing.  If he paid you the real Silver Eagle, he could slip and do it, but posting the picture here, well, how embarassing would that be.