Year: 2012

98% of Gold Recovered on Particles ≤200 Mesh….

…total production at its three mines in Mexico for the second quarter ending June 30, 2012 reached 2,102,222 equivalent ounces of silver, representing a 14% increase compared to the same quarter in 2011….

Daily Newsletter – Wednesday, July 18, 2012 In this issue… – Editorial – Podcasts – Company News – Premium Snippet Editorials…. Here is our last editorial (written yesterday): The Potential for Gold Stocks in 2013-2014 The gold stocks are historically cheap and if margins expand in the coming year or two then valuations will certainly … Continue reading

Developments at La Colorada and El Castillo Look to Build Production Profile in Second Half of 2012….

I was interviewed by Mike Swanson of Wall Street Window. The interview is here:

There are two drivers of stock prices: valuation and earnings. Valuations are very much driven by investor sentiment while earnings are driven by revenue and margins. In recent months we’ve devoted some time to the three phases of a bull market. These are the stealth phase, wall of worry phase and participation or bubble phase. … Continue reading

Also Corvus Retains Mine Design Firm for North Bullfrog Project, Nevada…

The rule of the casino emphasizes that in order for one to be right in the market, the consensus has to believe that you are wrong.

The Federal Reserve will hold a two-day policy meeting on July 31 that is expected to yield no change in U.S. interest rates, but markets will analyze and dissect every word of Chairman Ben Bernanke for any clues that the central bank will do more to promote economic growth.

Although it probably won’t happen within the next couple of months, it’s a good bet that the ECB will eventually be prodded into monetising a large amount of European government and commercial bank debt.