By: professor.inglis
2 days ago (Thursday, 6:53 pm) Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
GMI still rising on last trade of 341 shares...take profits...be safe or smart?
Global Mining Investments Limited (GMI)
Date Time Price ($) Quantity Value ($) Conditions
19-11-2009 03:59 PM $1.180 341 $402.380
19-11-2009 03:59 PM $1.170 659 $771.030
19-11-2009 03:58 PM $1.170 12040 $14,086.800
19-11-2009 03:52 PM $1.170 2380 $2,784.600
19-11-2009 03:52 PM $1.170 580 $678.600
19-11-2009 03:47 PM $1.170 1668 $1,951.560
19-11-2009 03:43 PM $1.170 202 $236.340
19-11-2009 03:43 PM $1.165 18363 $21,392.895
19-11-2009 03:43 PM $1.170 3730 $4,364.100
19-11-2009 03:43 PM $1.170 33000 $38,610.000 |
|
By: professor.inglis
3 days ago (Wednesday, 6:24 pm) Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Last 10 GM Trades:
Global Mining Investments Limited (GMI)
Date Time Price ($) Quantity Value ($) Conditions
18-11-2009 04:10 PM $1.170 280 $327.600
18-11-2009 04:10 PM $1.170 2032 $2,377.440
18-11-2009 03:59 PM $1.170 17968 $21,022.560
18-11-2009 03:59 PM $1.170 10000 $11,700.000
18-11-2009 03:58 PM $1.170 15000 $17,550.000
18-11-2009 03:58 PM $1.170 24590 $28,770.300
18-11-2009 03:58 PM $1.170 32442 $37,957.140
18-11-2009 03:57 PM $1.180 2400 $2,832.000 Crossed
18-11-2009 03:56 PM $1.175 25000 $29,375.000
18-11-2009 03:56 PM $1.175 15100 $17,742.500 |
|
By: professor.inglis
3 days ago (Wednesday, 6:16 pm) Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Take your profits from GMI please? You should have made money now, but if there is a currency (aka USD central bank coordination, seems likely) then commodities and gold will take a short bath. Plus the big sell has left town?? Look at the numbers and info...
Code Last Move % Move Buy Sell Open High Low Volume Value Last Traded
GMI 1.17 0.015 1.30% 1.17 1.185 1.17 1.19 1.17 496,465 584,163
I think buy low (Aussie dollar hurts) sell high... so I think sell now buy later---
PS maybe very wrong...ask Bruce |
|
By: professor.inglis
4 days ago (Tuesday, 6:36 am) Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Seriously: "Please take a look at what GMI actually holds (last annual report pp. 3, 10 and 11) GMI holds 20% value gold shares and some of worlds best miners.
Lot of discount buying yesterday ($1.10/share vs book value $1.28+), I expect both to go up significantly before Christmas.
Open $1.095 or so? Buyback program to $1.15 or so. So fairly safe bet, I believe.
Worth a look before/if it's major holdings/earnings jump today/this year...e.g. BHP, Vale, Rio, Impala, Newcrest, Af. Rainbow, ......"
Gold currently at a new high $US1143.24
http://goldprice.org/live-gold-price.html |
|
By: professor.inglis
5 days ago (Monday, 9:02 pm) Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
RE "Nov 16 8:23 AM N Investment Manager Presentation 28 and
Nov 16 12:50 PM N Estimated NTA as at 12 November 2009 "
Read tonight what you can hear tomorrow
http://au.finance.yahoo.com/q/aca?s=GMI.AX |
|
By: professor.inglis
5 days ago (Monday, 9:00 pm) Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
RE GMI announcements Nov 16, also see names:
"November 16, 2009 - 5:25PM
The manager of two of the world's largest commodities funds expects continued growth in the sector in 2010, with rising numbers of company mergers.
Evy Hambro, a London-based portfolio manager who manages the BlackRock World Mining Fund and the Gold & General Fund, on Monday gave journalists in Australia an upbeat assessment of the sector following last year's collapse in prices.
Mr Hambro said the rapid rise of China, which accounted for about 40 per cent of demand in almost every commodity, and above 50 per cent in some during the second quarter of 2009, was a key reason commodities prices would continue to rise.
"When you have an economy with such a role and such a market share of commodities demand growing at such a rapid rate it is no surprise to see that prices have recovered from the low points of last year," Mr Hambro said."
http://www.smh.com.au/business/hambro-tips-continu ed-commodities-growth-20091116-ih9t.html
See GMI website tomorrow for webcast recording !! |
|
By: new_me@y7mail.com
5 days ago (Monday, 7:12 pm) |
Message deleted. Reason: Breach of terms of service |
|
By: new_me@y7mail.com
5 days ago (Monday, 7:06 pm) |
Message deleted. Reason: Breach of terms of service |
|
By: professor.inglis
5 days ago (Monday, 6:48 pm) Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
RE GMI is well worth a look:
http://au.finance.yahoo.com/q/aca?s=GMI.AX
Nov 16 12:50 PM N Estimated NTA as at 12 November 2009 1 ($1.29)
Nov 16 8:40 AM N Daily share buy-back notice - Appendix 3E 2
Nov 16 8:23 AM N Investment Manager Presentation 28
Current volume increase (increase to 1.184M) and updated stock holdings (Vale etc) in report:
GMI 1.10 0.000 0.00% 1.10 1.105 1.10 1.12 1.09 1,184,412 1,304,599 16-Nov 04:10:48 PM |
|
By: professor.inglis
12/11/2009
8:04 am Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Please take a look at what GMI actually holds (last annual report pp. 3, 10 and 11) GMI holds 20% value gold shares and some of worlds best miners.
Lot of discount buying yesterday ($1.10/share vs book value $1.28+), I expect both to go up significantly before Christmas.
Open $1.095 or so? Buyback program to $1.15 or so. So fairly safe bet, I believe.
Worth a look before/if it's major holdings/earnings jump today/this year...e.g. BHP, Vale, Rio, Impala, Newcrest, Af. Rainbow, ...... |
|
By: professor.inglis
11/11/2009
8:18 pm Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Gold stocks like KOR, FML, CTO, TAM, etc might even go up again tomorrow. Gold is zooming now:
http://goldprice.org/live-gold-price.html |
|
By: professor.inglis
11/11/2009
9:12 am Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Well KOR is still going up...
must be the fertilizer its has??
"GEOLSEC rock phosphate deposit with estimated 1.3 million tons of rock phosphate grading on average 12% P2O5. The deposit contains pockets of high grade rock phosphate grading up to 39% P2O5. GEOLSEC Phosphate Operations P/L (wholly owned subsidiary of Korab)"
http://www.korabresources.com.au/northern_territor y.html
or is it gold in the Ukraine at $280/oz???
"Initially, during Stage 1 of operations, the high grade reserve of 220kt @ 7.2 g/t Au will be down-blended with low grade ore to an average grade of 4.2 g/t Au and processed through a simple gravity circuit with a recovery rate of 70% to produce gold in concentrate at a forecast operating cost of US$280 per ounce. Gold in concentrate will be sold to a smelter for further processing. " |
|
By: chris_1991_h
7/11/2009
12:41 pm |
Message deleted. Reason: Breach of terms of service |
|
By: new_me@y7mail.com
7/11/2009
12:39 pm |
Message deleted. Reason: Breach of terms of service |
|
By: professor.inglis
7/11/2009
12:38 pm Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
http://www.goldletterint.com/documents/pdf/GOLD_SH ORTLIST_Report_10Oct09.pdf
http://www.goldletterint.com/documents/pdf/KORAB_G LSP_Oct09Update.pdf
"Magnesium is the metal of the 21st century. Stronger than steel yet lighter than aluminum. It is widely used in aerospace and military applications, steel making, super conducting materials, automotive sector and building and construction. Experts believe that the growing demand for lighter, fuel efficient vehicles, super conductors, steel, advanced alloys and eco-friendly building materials will ensure demand for magnesium continues to increase at historical rate of 7% pa.
Fire-resistant, high-strength magnesium building board. Stronger, lighter and cheaper than plasterboard
Chinese Government has put magnesium on its list of strategic materials indicating the value it places on this advanced metal.
Korab's Winchester magnesium project is one of the highest grade magnesium deposits in the world grading on average 91% magnesite (MgCO3).
It is located just 75 km south of the port of Darwin, right on the doorsteps of Asia. The project is serviced by excelled infrastructure including, rail, sealed highway, gas pipeline, high voltage power and potable water. "
http://www.korabresources.com.au/ |
|
By: chris_1991_h
7/11/2009
12:37 pm |
Message deleted. Reason: Breach of terms of service |
|
By: professor.inglis
7/11/2009
12:33 pm Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
KOR GOLD Costs of production $US280 - $A585, vs gold price = difference of !!!!
"Commencement of work on 306,000 ounce gold project near Leinster in Western Australia
JORC code compliant resource on granted mining leases
Shallow deposit with visible gold and grades up to 266 g/t gold
Primary ore global average grade 4 g/t gold
Production scheduled for 2011 [1] at AU$550-AU$585/oz projected operating costs
Targeted profits of $24 million, or 30 cent per share [2]
Drilling confirms strong exploration up-side along strike and at depth â?? up to 211 g/t gold
Bobrikovo Gold and Silver project
Revised feasibility study shows low cost operation at US$280/oz projected operating cost [3]"
"Gold reserves within oxide zone from surface to 35 meters depth (C2 by Russian classification, corresponding to Probable Reserves of JORC code) include:
1. 220kt of high grade ore @ 7.2 g/t Au containing 52.6koz Au,
2. 1.8Mt of low grade ore @ 1.0 g/t Au containing 51.7koz Au.
3. 226kt of ore @ 45.2 g/t Ag containing 328koz Ag...."
"Ore zone is 2.5-3 km long and 0.9 – 1km wide. Initial sulphide ores occur from the depth of 30-40m down to 3200m. Drilling evidenced presence of 8-12 m thick ore bodies with gold grade above 10g/t within the interval from 200 to 500m.
Oxide reserves (C2 by Russian classification, corresponding to Probable Reserves of JORC code) are 220kt @ 7.2 g/t Au containing 52,600 oz Au, 1.8Mt @ 1.0 g/t containing 51.7oz Au. Silver (Ag) reserves 225.7Kt @ 45.2 g/t Ag containing 328koz Ag. Sulphide inferred resources to a depth of 150m is 240koz Au @ 3.2 g/t at a 1.8 g/t cut-off grade and to a depth of 200m 640koz."
Source KOR: http://www.korabresources.com.au/others.html
Also see Goldletter Oct 2009 edition. |
|
By: professor.inglis
7/11/2009
12:22 pm Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
"The price of gold hit a record high above $US1100 ($A1207) an ounce in trading on Friday following a report that Sri Lanka had joined India in buying the precious metal in favour of US dollars.
"The Central Bank of Sri Lanka has announced that it is buying gold to diversify its reserves," industry body the World Gold Council (WGC) said in a statement issued before gold struck a record high of $US1101.42."
"Gold and other commodity prices have surged in recent months amid a move away from the dollar, which has been slumping. The move accelerated last month on a report that Gulf states may stop using the greenback for oil trading."
"India is the world's biggest consumer of gold, importing between 700 and 800 tonnes every year or 20 per cent of global demand."
http://news.smh.com.au/breaking-news-business/gold -price-hits-new-record-at-us1100-20091107-i2gl.htm l |
|
By: chris_1991_h
6/11/2009
7:35 pm |
Message deleted. Reason: Breach of terms of service |
|
By: professor.inglis
6/11/2009
7:19 pm Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
RE: "There will be a bit less poverty in India, China and some outback Aussie mining towns soon...$1,100 by Christmas seems too easy now!!
http://goldprice.org/spot-gold.html"
Maybe by Monday or Friday next week? |
|
By: professor.inglis
6/11/2009
7:12 pm Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
RE: "Others recommended:
http://www.goldletterint.com/documents/pdf/GOLD_SH ORTLIST_Report_10Oct09.pd f"
source: http://www.goldprice.org/gold-price.html
Gold is currently up in the US, EU, India, China, Canada, UAE, Philippines, Malaysia, Brazil, Argentina, Singapore, ... |
|
By: wendywen85
6/11/2009
2:28 pm |
Message deleted. Reason: Breach of terms of service |
|
By: professor.inglis
6/11/2009
2:03 pm Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Whats this please?
Korab Resources Limited (KOR)
Date Time Price ($) Quantity Value ($) Conditions
06-11-2009 02:00 PM $0.170 1399 $237.830
06-11-2009 02:00 PM $0.170 1341 $227.970
06-11-2009 02:00 PM $0.170 14359 $2,441.030
06-11-2009 01:48 PM $0.170 85641 $14,558.970
06-11-2009 01:48 PM $0.170 14359 $2,441.030
06-11-2009 01:47 PM $0.165 1341 $221.265
06-11-2009 01:42 PM $0.165 1395 $230.175
06-11-2009 01:37 PM $0.165 1343 $221.595
06-11-2009 01:32 PM $0.165 1343 $221.595
06-11-2009 01:27 PM $0.165 1343 $221.595 |
|
By: professor.inglis
5/11/2009
8:25 am Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
| Learned about GMI here, holds 19% gold stocks, and some good miners globally--I hope |
|
By: professor.inglis
5/11/2009
8:22 am Yahoo! Profile:
professor.inglis Did this message offend you?
Sign in to report abuse |
Reply to this message |
Others recommended:
http://www.goldletterint.com/documents/pdf/GOLD_SH ORTLIST_Report_10Oct09.pd f |
|
