Medusa Share Discussion Threads

[jimbowen30] 08/2/2017 20:31

No problem guys. Major implications for gold and the dollar

[deka1] 08/2/2017 19:22

Jim cheers , its an excellent watch.

[ilostthelot] 08/2/2017 18:26

Thanks Jim.

[doobydave] 08/2/2017 16:58

Just watched this myself, coincidentally. Completely agree with Jim. Quality, highly coherent presentation.

[jimbowen30] 08/2/2017 14:29

Slightly O/T.
I attended the Mines and money conference in December and listened to the Grant Williams presentation. It's very insight and would highly recommend everyone listens to it. Williams talks about the reaction to Donald Trump's election and joins a series of dots that may lead to the end of the petrodollar system and a new place for gold in the global monetary system. It's a must listen imo.

[ilostthelot] 08/2/2017 13:58

40c holding just. It does help with confidence that the institutions are increasing their holdings.

[deka1] 07/2/2017 16:03

Here's a link to the manipulation of PM prices and who's involved,

[deka1] 07/2/2017 15:57

Hi Atlantic, perhaps the Gov has not told them yet,or is this operation another mine , I don't know.
RT hi , yes VERY Interesting UBS becoming substantial holders,considering they had their fingers in the manipulation of PMs pricing some time ago,
What do these guys know that we dont

[roguetreader] 07/2/2017 11:01

Cheers Eintracht, interesting that the key large stakeholders are holding or increasing their positions, despite the latest delay.
RT

[atlantic57] 07/2/2017 10:37

FOR SUSPENSION (5)

Berong Nickel Corp. Citinickel Mines and Development Corp Lepanto Consolidated Mining Corp. OceanaGold Phils. Strong Built Mining Development Corporation

Hi Dek,

This is confusing Oceana Gold have stated categorically that they are still mining
yet, The minister clearly states that there operations have been suspended.

[eintracht] 07/2/2017 10:19

Just announced on ASX. UBS Group apparently became a substantial holder on the 3rd Feb !!!

[deka1] 06/2/2017 16:25

FINAL MINING AUDIT REPORT (February 2, 2017)


DEFERRED (1)

Filminera Resources Corp.

FOR SUSPENSION (5)

Berong Nickel Corp. Citinickel Mines and Development Corp Lepanto Consolidated Mining Corp. OceanaGold Phils. Strong Built Mining Development Corporation

FOR CLOSURE (23)

BENGUET Benguet Corporation

BULACAN Ore Asia Mining and Development Corporation

ZAMBALES BenguetCorp Nickel Mines, Inc. Eramen Minerals Inc. Zambales Diversified Metals Corporation LNL Archipelago Minerals, Inc.

HOMONHON Mt. Sinai Mining Exploration and Development Corp. Emir Minerals Corp. TechIron Mineral Resources, Inc.

DINAGAT ISLAND AAMPHIL Natural Resources Exploration Krominco, Inc. SinoSteel Philippines H.Y. Mining Corp. Oriental Synergy Mining Corporation Wellex Mining Corporation Libjo Mining Corp. Oriental Vision Mining Phils. Corp.

SURIGAO DEL NORTE ADNAMA Mining Resources Corp. Claver Mineral Development Corp. Platinum Group Metals Corp. CTP Construction and Mining Corp, Carrascal Nickel Corp. Marcventures Mining and Development Corp. Hinatuan Mining Corporation

[speedsgh] 06/2/2017 09:45

PHILIPPINES DENR MINE AUDIT UPDATE -

Medusa Mining Limited (“Medusa” or the “Company”), through its Philippines affiliate, Philsaga Mining Corporation (“Philsaga”), wishes to advise that the Philippines Department of Environmental and Natural Resources (“DENR”) at a press conference in Manila on 2 February 2017, released the Final Mining Audit Report (the “Audit Report”) which contains results of audit conducted on all mining operations in the Philippines since July 2016.

The Audit Report (dated 2 February 2017), is available on the DENR website and list companies that have not complied with regulatory requirements of the DENR into several categories.

Philsaga’s Co-O operations, audited by the DENR in early August 2016, remains unaffected by the Audit Report and not on the DENR’s published list of affected companies.

[chipperfrd] 06/2/2017 09:21

Thanks Eintracht.

[deka1] 06/2/2017 07:29

thanks for the heads up eintracht,

[eintracht] 06/2/2017 07:18

Just released on ASX. We are officially in the clear regarding the Philippine Govt. mine audit and the shutting of mines.

[deka1] 04/2/2017 14:34

Thanks Chip,i still have all my bullion sovs that I bought in 2006ish.
If America closes the doors they may reopen their steel industry in a big way, same goes for their coal mines perhaps, Trumpton made some pretty big promises on his campaign through the rust belts of the states, so imo the commodities markets may struggle for some time.
Thanks again chip

[chipperfrd] 04/2/2017 12:12

Deka,

I am not totally convinced about a bottom in base materials so I am still on the fence a bit with Cu, Zn, Ni, Pb. Obviously, Zn is probably the best due to the number of mines closing before 2020. Note this will significantly impact bi-product silver supply!!

I don't plan to go back into iron ore or coal at all. Likewise with energy although starting to watch Uranium a bit closer. It will probably fit well into a new longterm portfolio that I am planning to initiate fairly soon.

I am still very keen to keep a big exposure to gold and silver, both the metals and the mining equities. There have been such huge drops in stock prices that even with the big rises over 2016 there is still more to come from mean reversion, etc.

And constantly lurking in the background is the threat to the current monetary system from peak debt and bonkers CB actions. So very happy to be very overweight hard monetary assets which still appear to be great insurance in a world awash with paper 'assets'.
Chip

[deka1] 03/2/2017 15:57

Cheers chip, the top 10 risks are interesting,and the forcast global gold prod drop from 2020 =1/3 by 2025,do you think the commodity cycle hit bottom early last year ?

[chipperfrd] 03/2/2017 14:01

Useful presentation by Randgold which highlights problem issues with mining sector over last 20 years and forward risks.

Thought it was worth noting and saving.



Chip

[chipperfrd] 02/2/2017 20:18

Cheers RT!

Off-topic: I have subscribed to RVTV.
Already viewed some really good stuff.
Big library left to work through over time.
It all looks excellent value.
Chip

[roguetreader] 02/2/2017 19:30

Chip, thanks for your view and interpretation of the drilling results
RT

[atlantic57] 02/2/2017 18:17

Dek thanks for that advice which is sound.
However with Oceana there have been simmering tensions in the Philippines for
Some months.

10 years ago when exchange posts I took a lot more risks but now I really find myself
Much more sensitive to these news stories.You probably remember when Cey had their mining permits withdrawn for i think it could have been 2 years, then I sat it out.
Today I simply could not do that .
All the best

[deka1] 02/2/2017 17:24

Atlantic hi, just be careful when reading these boards mate, a lot of exaggerated /fake/ twisted news gets posted these days,ask the Donald lol.
Good luck mate

[deka1] 02/2/2017 17:11

Chip hi thanks for taking the time, I value highly your input,


Illegitimi non carborundum