Member Info for Cowichan

re: what to do if the shares are trading 1.78 on the 30th... A trader would sell half and be happy with the profits, hopeful he could buy any dip but ready for good news too. A golden flip flopper says Pshaw! I'm sitting tight waiting for payday.

(Was looking into the upcoming African Mining Indaba in Cape Town and saw this !) Cape Town at risk of becoming first major city in the world to run out of water Cape Town, one of the biggest cities in South Africa and a famed tourist attraction, is warning its residents that they will soon have to queue for water. The drought-stricken city announced on Thursday that it will begin marking 200 collection points where its 3.7 million residents will be required to queue for a rationed supply of water on "Day Zero" � currently forecast to be April 21. If it happens, Cape Town would become the first major city in the world to shut down entirely the supply of running water in all of its homes. "We have reached a point of no return," Cape Town Mayor Patricia de Lille told a press briefing on Thursday. "Day Zero is now very likely," she said. "Despite our urging for months, 60 per cent of Capetonians are callously using more than 87 litres per day. It is quite unbelievable that a majority of people do not seem to care and are sending all of us headlong towards Day Zero." As part of the latest emergency measures, city officials next week will begin announcing the 200 collection points where residents will be required to queue after Day Zero, she said. The city has suffered two consecutive years of severe drought... https://www.theglobeandmail.com/news/world/day-zero-approaching-as-cape-town-runs-out-of-water/article37654137/?utm_medium=Referrer:+Social+Network+/+Media&utm_campaign=Shared+Web+Article+Links

My thoughts exactly!

Centamin a sponsor & presenter this year Corporate Presentation - Centamin [More Info] Moderator: Robert Ryan, Vice President, Commodity and Energy Strategy, BCA Research Speaker: Andrew Pardey, Chief Executive Officer, Centamin Plc https://www.miningindaba.com/ehome/283869/miningcompanies/

Thanks sparkle for slipping into Siko's empty shoes... I could get used to doubled-up shipments!

A yield you say!? Wonder if that's what Goldcorp was hinting about in their results... Very interesting Tibbs!

Value of Bitcoin Market $300 Billion The removal of intermediaries in financial transactions - Finite quantities - Store of value outside of fiat currencies Value of Gold Market $8 Trillion 5,000 year history as a store of value - Physical, tangible asset - Much more liquid and less volatile Opportunity to tap demand by combining gold and blockchain - STAY TUNED! https://s22.q4cdn.com/653477107/files/doc_presentations/2018/99-2018-Investor-Day-FINAL.PDF (What have they got planned - I wonder...)

Oyu Tolgoi copper and gold mine in Mongolia has been handed a $155 million tax bill. The $6 billion Oyu Tolgoi first-stage open pit mine began producing in 2013, when the project logged a $90 million full-year loss. A planned underground expansion was put on hold shortly after, as the Mongolian government became concerned that cost overruns would cut into profits. The project was resumed in 2016 and, currently, the mine is expected to be world's third-largest copper operation at peak production in 2025, with output of over 550,000 tonnes per year. http://www.mining.com/rios-oyu-tolgoi-mine-mongolia-hit-155-million-tax-bill/?utm_source=dlvr.it&utm_medium=twitter

(Investing in the local stock market makes sense for Egyptian's keen on reaping the benefits of gov't reforms & growing prosperity. Maybe Siko should start his own investment club for us blokes...) Health-care and pharmaceutical shares could prove the hottest choices for investors in Egypt�s stock market this year as the country expands its universal health program, according to Khaled Darwish, money manager at CI Capital Asset Management. Darwish, whose firm oversees more than 9 billion Egyptian pounds ($510 million), is also positive on companies winning contracts on large infrastructure projects and says consumer stocks are recovering from the shock of 2016�s currency devaluation. The fund he helps run delivered gains of almost 45 percent last year, the best performance among 25 local open-ended stock funds, according to figures compiled by the Egyptian Investment Management Association. The proposed universal health-care system will cover 107 million Egyptians by the time it�s fully implemented in 2032, Deputy Prime Minister Mohamed Maait said last month. ** Ibnsina Pharma SAE: top Egyptian pick. Earnings to soar as much as five-fold in two to three years. https://www.bloomberg.com/news/articles/2018-01-14/pharma-health-care-stocks-seen-as-hottest-egypt-picks-for-2018

http://www.kitco.com/news/video/show/Kitco-News/1817/2018-01-13/Holding-Gold-Makes-Me-Happy---Robert-Kiyosaki

forget to put the garbage out and they drive down your street early - thankfully it was the horniest garbage man ever - blowing off every 2nd house he came to

Trouble is I can't see anything already producing gold that's worthwhile - it really is slim pickings! As a side note the whole Acacia concentrate ban is unfortunate not only for Barrick but for African investment as a whole - but in this instance Barrick's pain is our gain - who can foresee what else might come of it...

I wonder is more consolidation always a good thing... Thinking about Rio, BHP, Vale value destruction... I'm hoping Centamin sticks to the growth thru development plan instead of acquisition - therefore, three more mines please !!

Bring it on!

... if fund managers increased their mining exposure by 1%, it would equal to a 10-fold increase for the industry. �Markets are being driven more and more by passive investment managers who are using index funds, so when the swing comes there is a tidal wave of money that could come into the mining space,� he said. http://www.kitco.com/news/2018-01-11/Rob-McEwen-Only-A-Matter-Of-Time-Before-A-Tidal-Wave-Of-Money-Flows-Into-Miners-Gold.html

Blam! All these behind the scene moves. I can't wait to turn the page...

Lots going on. Mind is buzzing. I suppose the key word today is GROWTH. The new mines are coming...

Now I miss the 'Egypt' ! Siko look what you've done!

Siko is going away. Very sad day. No words.

"I know its a bit early for divi chat and we only have to wait until the 31st, but Im trying to buy a house and any forecasts from you lots of a expected Divi would be really helpful! - Im calculating 8.5c, am I being unrealistic?" I say it's entirely possible - even with African mine approvals what's a hundred million among friends? A caveat; if we are to see a major goldie make an offer this year I would suppose it would come prior to a massive divi payout... but one way or another you'll get a down payment!