Sunday, October 2, 2011

September 30, 2011 Edition of the Stateside Report


.

Note - according to the company, the potential prospective CEX acreage is 1,000 acres, not 100 as I mentioned in the video.

5 comments:

Worldly Trader said...

Vince, in your report you confirmed that my research on companies that are operating near the Trapper Gold project. I found Gulfside Minerals (GMG) and also a company called Prize Mining Corp. (PRZ). I have to admit I know nothing about Prize Mining Corp. other than they have projects in the area.

Thanks you for a great and detailed report. I recommend everyone reads it. I also suggest everyone checks out your track record since you have picked some great winners in the juniors that the other analysts miss. Guess what you can't argue with the price, its free!

Worldly Trader said...

On subject of junior copper miners, Incakalo News site did a great article on what is a possible benchmark metal price for copper mines. I have copied a few parts of the article down below:

12/12/08
Candente (DNT.to) offers the world of copper a dose of reality

"The bottom line is that DNT.to, a pretty good set up as junior coppers go, has just presented a cold fact to the market; there will be no copper projects coming online until the metal gets back above $2 minimum. Not CaƱariaco, not anywhere. That's because the DNT.to project is a very good benchmark in world-style numbers (relatively cheap, relatively big, relatively well-run, relatively well-designed etc). We have a very good reference point going forward. Until copper moves back above $2, the market will not get any new supply."

The full article is at this link
http://incakolanews.blogspot.com/2008/12/candente-dntto-offers-world-of-copper.html

My feeling is that as more juniors get taken over by the majors in this venture market firesale there will only be a few outstanding stocks to choose from. The next leg of the resource stock bull market is going to skyrocket. There will only be a few great junior companies for the institutions to choose from when get back into the market.

Anonymous said...

just throwing them away again today

Worldly Trader said...

This is an add on to what Vince talked about yesterday. All I can ask does the Qatari royal family know something the rest of the does'nt know?

Qatari wealth fund on gold buying spree
October 3, 2011 - 2:13PM

The Qatari Royal family plans to spend up to $US10 billion ($10.4 billion) buying stakes in gold producers through their sovereign wealth fund, The Daily Telegraph can disclose.

The full article is here:
http://www.smh.com.au/business/world-business/qatari-wealth-fund-on-gold-buying-spree-20111003-1l4t4.html

stateside said...

Hi All,

I've had my share of losers just like everyone else. However, I try to identify stories early enough to get in on the ground floor before they get bid up in price. This helps to minimize risk.

And yes....they are throwing shares away again. Pretty soon they will be paying you to take stock off of their hands LOL.

Blog Archive