Tuesday, October 21, 2014

philsgang.com = Snake oil salesmen

Perhaps Cambridge Show opted to sell their email list to make ends meet, but I do not know how I managed to get opted into this guy's Fear & Snake Oil trading program.

Hi, just a reminder that you're receiving this email because you have expressed an interest in Phil's Gang. Don't forget to add info@philsgang.com to your address book so we'll be sure to land in your inbox!
I am sorry but I did not sign up for the crap you are trying to pedal and this is the first I ever heard of you. Since you took the liberty to spam me with your crap, I will take the time to look at what type of shit you are pedaling to me.


Oooohh, your selling fear  with a promo code: Spooky! because the markets are so spooky! So you guys are so spot on about the market and make soooo much money that you need to share that wealth by pedaling your software and trading program for the low low price of $40.00 a month, how benevolent!

Sounds to me like you are just pedaling some software for $40.00 a month and that is what your business is.

So how did you guys do with your own pension money? Did you manage to outperform the S&P over the past five years in  a buy and hold strategy?  You do not need much proprietary software for that strategy do you?

Yeah...did not think so, and you have no claims of actual returns on your pension, but you do have the market cornered on the following.
  
As the host and creator of "PHIL'S GANG® Radio Show", Phil Grande is the man, who coined the phrase,
“I’m going to tell you what Wall Street doesn’t want you to know!”

I hope you were smart enough to trademark that slogan so that you could charge a royalty fee for anyone who uses that line too..

Sorry to say Phil, I did not sign up for this assclown type of material and you should exercise more diligence when buying some opt in email list.

BTW I watched a few of your youtube videos and it reconfirmed that you guys are just pedaling fear for $40.00/month.

Now fuck off!

Monday, October 20, 2014

Dualex and Africa Hydrocarbons re confirm the duster

The market told you it was a duster about a year ago but investors got strung along.


Since the news leak last November (tale of the tape) I have stayed away from this deal. Back to square one for both these highly diluted shells, hence the penny print for both these deals on high volume.

DualEx Energy International Inc.'s recompletion operations of the Abiod chalky limestone in its BHN-1 well on the Bouhajla permit, onshore Tunisia, have concluded, and the well will be plugged and abandoned. DualEx chief executive officer Garry Hides stated: "While we are obviously disappointed with this result, all reasonable attempts to determine the hydrocarbon potential of the Bouhajla North structure were undertaken and we must conclude that the fractures encountered at BHN-1 are not effective, which was one of the primary risks associated with the Bouhajla North prospect. The BHN-1 well does not entirely condemn the structure or the other Abiod prospects on the block but we will, for the time being, shift our focus to the shallower Ktitir El Gueria prospect where we recently issued invitation to tender documents to several contractors for a 100-square-kilometre 3-D seismic survey planned for early to mid-2015."

Thursday, October 16, 2014

IWNATTOS gives this blog a reach around

and strokes the search keywords.......


So I leave you with this in case you find yourself stumbling down East Hastings all liquored up on shareholder money..singing Do do do do do a do..



Wednesday, October 15, 2014

All new traffic driver to this blog

Well looky here it seems that if one is looking for "hookers on East Hastings" they conveniently end up on this junior resource blog...go figure.



Move over "massive ass".

Gotta love the Google indexing bots.

 

Thursday, October 9, 2014

OMG the SPY is gonna crash!!

Thanks to this jugglingdynamite article for putting in perspective how rich the S&P and Wilshire 5000 are correlated to the Venture Exchange.

Jesus I need to buy the SPXS and go long a Venture ETF.



You have been warned!


Time for Otto to weed out the old fashion blog roll.

Interesting article on ISIS, oil and the Saudi's

Since fracking has lessened the USA on oil imports from 60 million barrels a day to 3 million, the Saudi's need some sort of shit going on in the middle east to keep the price higher, to bad the just told everyone they are going to sell oil at $85/barrel to keep their market share.

Did the Saudi's not think that the rest of the world was going to price match?

The article is over at oil-price.net and makes for a compelling argument for the shit storm that is ISIS and the rest of the crap going on in the middle east.

Sounds like to me that the ISIS group are just pawns in the Saudi's end game while stirring hatred for the USA helps the fear trade in oil.

But what the fuck do I know about the Illuminati?

 


Just so we are clear part 2

What really drives the traffic home here at the Vancouver Venture headquarters........Ass!


Wednesday, October 8, 2014

Just so we are clear

About this pathetic blog......

Opinions & Caveats

As whacked as these comments are, they are the opinions of the author and are not an offer to buy or sell securities herein. This blog should be read for entertainment purposes only. I assume no responsibility in your investment decision based on my discussion. Please consult a decent investment adviser (if you can find one) before considering any stocks discussed from this blog. The comments on this blog often contain errors, grammar, spelling mistakes and sometimes poor judgement.
This blog may also contain opaque forward looking comments which have inherent risks involved and perfect 20/20 hindsight vision. The comments posted may or may not occur, but usually do.
I do not receive any compensation from companies discussed and may have an arms length interest in them, strictly as a shareholder, a potential shareholder or a bitter disgruntled ex shareholder of which I buy and sell these securities, preferably for a profit but lately for a tax loss.

Hat tip to reader RR for reminding this pathetic blogger about his indignant point of view when it comes to the junior mining scene.
 You invest in Vancouver mining juniors - then act all indignant because you lost some money. That's like being upset because you caught an STD from a tranny hooker down on East Hastings Street. Sure, you might get off fine the first few times you use the Hastings Street Hooker, as you did with the Vancouver Mining juniors. But sooner or later - your going to catch something. Leave it be dude.

Thank you, I wish I came up with those words.


Monday, October 6, 2014

Christmas Wish list

I am starting to think of a few miners that are going to be bargoons this December and the three at the top of my mind are as follows.

SilverCrest, could easily have another 30% downside under tax loss selling my target buying price, $1.10-$1.15 and I will be a buyer there. At some point someone is going to take a run at this if it is cheap enough.



No reason why First Majestic could not hit $5.50 range in this environment, that would be cheap and it would be worth the bid in that range. Cheap enough for PanAmerica to take a run at?



Don't mind my crappy T/A, all I note is the new lows with lower lows. Last year FR went from $13 to $9.30, a good $3.70 haircut so $8.50 to $5.50 by mid December could be reasonable.

Timmins Gold might finally get the buyout it is looking for once it gets knocked back the $1.02 range.Perhaps a sub $1.00 print might happen.



Sound off in the comments if you got another one worthy of sharing.....


Wednesday, October 1, 2014

Barkerville update post Frank

Lets check in with Barkerville since Frank Callaghan got tossed under a bus..

A Rock doctor is now CEO, from London "I do say"...packing the defibrillator.   a miners pick.

An older gent with 40 years experience is now da Gov.....citing his days at Yorkton Securities which was soooo 1999.

A hired gun....no literally a hired gun to watch over someones dosh thrown into the pot....

The truck drivers are no longer taking the long way around to the mill..... much to the chagrin of the local Barkerville Burlesque watering hole....

And Sprott wants their cash back but now has to wait.....a bit longer.

Tongue and cheek of course.



Barkerville Gold Mines Ltd. has provided an update on the following.
Management changes


The company reports that Dr. Elena Clarici, a current director of the company, has been appointed interim chief executive officer, and Dave McMillan, a current director of the company, has been appointed interim president. Norm Anderson, having resigned from those positions, continues as a director of the company.
Dr. Clarici is a seasoned mining investment professional with almost 20 years of capital markets experience gained at various financial institutions in the city of London, including T. Hoare & Co. and ABN Amro Bank. Most recently Dr. Clarici was responsible for assessing and making investments for Meridian Equity Partners, and was a portfolio manager for Scipion Mining and Resources Fund. Trained as a mining engineer at the University of Belgrade, Dr. Clarici received her PhD at Royal School of Mines, Imperial College of Science and Technology, London.


Mr. McMillan, with his over 40 years in the resource industry, has had a career that has spanned manufacturing, marketing, sales and financing, including 17 years as an investment adviser, as vice-president, senior VP, director and member of the executive committee for Yorkton Securities and Yorkton Holdings Inc. Mr. McMillan currently serves as a director and is an adviser to various venture capital companies.
The board's nominating and corporate governance search committee continues to work with its professional adviser to assist the company in the process of retaining a full-time president and chief executive officer. The company would expect to be in a position to consider and announce a successful candidate by mid-fall.


Board addition


Ian Gordon has accepted the company's invitation to join its board of directors as an appointee of the company's current secured lender. Mr. Gordon was educated at the Royal Military Academy, Sandhurst, in England, and was commissioned into a Scottish infantry battalion. Following his immigration to Canada, Mr. Gordon received a bachelor of arts degree in history from the University of Manitoba and worked in human resources management for diverse companies for 15 years. Thereafter, Mr. Gordon was employed in the investment dealer industry, where he served as very successful investment adviser, as well as the retail sales manager for three different investment dealers, and after 2000, he became a leading financier for junior precious-metal mining companies. With his business partner, he co-founded Woodstone Capital, a small investment boutique. Mr. Gordon left the investment industry in 2008 to found his own business, the Long Wave Group -- an economic/financial forecasting publisher -- which has garnered subscribers in 50 countries.


Bonanza Ledge mining update


Mining at the Bonanza Ledge starter pit is progressing, with the current focus being on streamlining the mining cycle and reducing dilution to ensure the best-quality ore is delivered to the company's QR mill. The operation has progressed through the start-up phase of the open pit and is now mining from the main ore zone, and is expected to produce target tonnages and grades. Truck deliveries from the mine to the mill are becoming more efficient as experience is gained from the local challenges. To date, the company has processed 27,584 tonnes with an average grade of approximately 4.33 grams per tonne gold at an average recovery factor of 88.6 per cent. The company estimates that 2,899 ounces have been transported for sale to Johnson Matthey, a gold refiner located in Brampton, Ont.
The information contained in this news release has been reviewed and approved by the company's chief geologist, Jim Yin, PhD, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
Extended credit facility

In conjunction with is recent management changes and mining efforts, the company has recently negotiated a further extension to Nov. 28, 2014, to its current credit facility requirements, the details of which will be formalized and disclosed in due course. The board would like to thank its shareholders for their continuing support.