tisdag 2 september 2014

Tekniska grafen för guld

Jag tror att guldet närmar sig en större rörelse. Det har bildats en teknisk formation som smalnar av allt mer. Vi får se åt vilket håll det blir.

måndag 1 september 2014

Intervju med Jim Rickards

Money Morning har JR med i en intervju.

http://pro.moneymappress.com/MMRBSSH39/EMMRQ844/

lördag 30 augusti 2014

TSX Venture tekniskt sett

Det börjar bli intressant med ett motstånd på 1030 för TSX Venture som har en kil i grafen. Vid ett lyckat utbrott så kan det bli en snabb rörelse högre för juniorerna. Det är vi några som vill ha. 

fredag 29 augusti 2014

Världens bästa silverjunior

Med den senaste releasen där Avino meddelar att de startat upp sin nästa gruva så är det inget snack om vilken otroligt bra silverjunior det här är. Jag vet inget annat silverbolag som levererar på samma sätt. Avino gör inte som 9 av 10 andra juniorer och bara snackar. De levererar också. 


"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 28, 2014) - Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE MKT:ASM)(GV6.F) ("Avino" or "the Company") is pleased to announce the re-opening of the Avino Mine and the re-starting of mining operations. The Avino Mine is located 80km northeast of Durango, Mexico.

Since dewatering the mine, Avino has hauled out a total of 5,850 tonnes of material from the underground mine workings. This initial tonnage was blasted mill feed material left underground prior to the mine shutting down 13 years ago. Samples of this material have been assayed at the mine site laboratory and the analytical results indicate they are higher in grade than the historic stockpile material currently being processed in circuit #2. Avino intends to start processing this higher grade underground material in September 2014 using circuit #2. Concentrate produced from this underground feed material will be used for the solicitation of proposals from various trading firms who have expressed interest in buying the concentrate product.

Underground mining operations have also re-commenced at the Avino mine. Full scale mining is now underway at level 11.5 with drifts heading east and west along the vein; the new 1mW Caterpillar diesel generator, jumbo, scoop and air compressor are currently being used in the mining operation. Mining will also proceed on level 12, and the ramp will be extended from level 12.5 to level 17. Stockpiling of development material from mining operations is also underway with plans to feed circuit #2 on a full time basis starting in September 2014.

Circuit# 3 is on schedule for commissioning in the fourth quarter of 2014. As of the date of this news release, the following activities had been completed or were in progress in preparation for the commissioning:

- Installation of ball mill rubber liners had been completed by personnel from Poligoma using their own equipment and tools with support from Avino's maintenance crew.
- At the crushing plant, the old product screen was dismantled and a new screen together with feed and discharge chutes were installed; additional structural steel and platforms were included to complete the installation. This work was carried out by FIMSA with assistance from Avino.
- Crushing operations are expected to resume at the end of August 2014.
- Electrical installation of the start/stop switches and wiring for the control system for the thickener was in progress.
- Construction of a roof over the thickener and filter area had been started.

Photographs of the recent activity at the Avino Mine can be viewed by clicking here.

"The re-opening of underground mining operations represents a major milestone achieved as we deliver on our promise of growth. The local communities' support has been tremendous as they are thrilled we are creating new jobs for the region. Our dedicated operating team should be congratulated on their efforts to achieve targets under strict scheduling and financial restrictions. We continue to work towards completing our goal of increasing mill capacity from 500 TPD to 1,500 TPD in the fourth quarter of 2014."

- David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd."

torsdag 28 augusti 2014

Uran stiger

Stängningen av McArthur River mine har kickat igång uranpriset. Enligt en artikel hos Bloomberg idag så är senaste noteringen 32.50 USD/oz vilket är 1.25 dollar högre än vad TradeTech skrev i senaste noteringen. Gruvan producerade varje år 18 miljoner pounds uran som motsvarar 10% av den globala efterfrågan på marknaden.


"Uranium increased the most in more than 2 1/2 years after Cameco Corp. (CCO) moved to temporarily shut its McArthur River mine, the world’s largest source of the nuclear fuel, amid a dispute with workers.

The price of U3O8 -- a tradable form of uranium -- rose 3.2 percent to $32.50 a pound today, the biggest gain since November 2011, data compiled by Bloomberg show.

Cameco said yesterday it started a “safe and orderly” shutdown of McArthur River in Saskatchewan and the nearby Key Lake mill after the United Steelworkers union said a strike will start on Aug. 30. The Canadian company said it doesn’t expect its move to affect 2014 deliveries and that it may draw on other sources of supply such as inventories.

McArthur River has the capacity to produce 18 million pounds of uranium a year, or about 10 percent of global demand, Edward Sterck, a London-based analyst at Bank of Montreal, said yesterday in a note to clients. The mine was the world’s largest by production last year, according to the World Nuclear Association."

September en bra månad för guld

Inslag på programmet Global Outlook hos Bloomberg om säsongsmönstret för guld som visar hur september de senaste 20 åren varit den starkaste månaden.

onsdag 27 augusti 2014

Cameco stänger världens största urangruva

Cameco meddelar idag att de stänger produktionen vid McArthur River pga strejk. McArthur River är den största urangruvan i världen.


"WINNIPEG, Manitoba, Aug 27 (Reuters) - Canadian uranium miner Cameco Corp said on Wednesday that it would shut down the world's biggest uranium mine at McArthur River, Saskatchewan, as well as the Key Lake mill after the United Steelworkers union said workers planned to strike starting Saturday."

S&P 500 över 2000-nivån

Det blev stängning över 2000 för S&P 500 igår. Det betyder att det inte blev någon krasch den här gången heller och att propagandamaskinen hos KWN och på andra ställen får fortsätta att stå i skamvrån. En trend är en trend tills den bryts. Konstigare än så är det inte.

tisdag 26 augusti 2014

Guld

Det borde komma en kraftigare rörelse snart i guldet. Tekniska formationen visar ett motstånd på 1325 USD/oz och stöd på 1275 USD/oz. Förhoppningsvis så blir så att guldet bryter uppåt.

måndag 25 augusti 2014

Keith Barron om uransektorn

Intervju med Keith Barron där han diskuterar uransektorn. Enligt honom har uranpriset bottnat och det kan bli en snabb dubbling när Japan startar sina reaktorer.

“The bottom is in right now” .

“We will see maybe a very quick double in the spot price for uranium”.

söndag 24 augusti 2014

Rickards hos Keiser

Jim Rickards med på Keiser Report.

lördag 23 augusti 2014

Råvarujuniorerna

Ska vi få något rally i TSX Ventures och råvarujuniorerna där så vill det till att den här formationen bryts på ovansidan snart. Det har varit en lång period sedan indexet gick starkt. Vi behöver inflation i ekonomin för att det ska bli fart i sektorn.

fredag 22 augusti 2014

QE4 våren 2015

Ett avslut av QE3 i oktober eller november, följt av en start med QE4 i mars. Det är Rickards prognos för Fed's policy framöver. Med tanke på hans track record så skulle jag lyssna väldigt noga.


"So you’re not convinced that the Fed chief Janet Yellen will succeed in making a smooth transition to a more traditional monetary policy?

Not at all. They will finish the taper in October or November. But what they will find between now and the end of the year is that the data will be very weak. Therefore, by early next year, perhaps march 2015, just when people think they’re going to be rising interest rates, they will actually have to start QE4. So the Fed is trying the same remedies: The money printing goes on and the banking system continues to inflate which is setting us up for an even bigger crisis."

torsdag 21 augusti 2014

Rickards på CNBC

Intervju med Rickards på CNBC där han diskuterar statsskulden i Argentina.

Avino redovisar Q2

Avino rapporterade resultatet för kvartal två igår och det är fortsatt bra kontroll över produktionskostnaderna. Deras all-in sustaining cash cost per silverekvivalent är 12.02 USD/oz. De redovisar ett nära nollresultat för kvartalet och man ska ha klart för sig att de samtidigt håller på att ta nästa gruva on-line vilket inte är gratis förstås. Prognosen är att gruvan kommer att vara igång i kvartal fyra. Den kan mer än dubbla produktionen mot dagens siffror och har dessutom potential för ännu mer. Lägg på detta tailingsresursen som enligt PEA ska producera 1.4 Moz Ag-ekv. per år. Avino har potential att producera 3.5-4 Moz Ag-ekv om några år. Högre silverpriser än idag och det här kommer att bli väldigt lönsamt. En av de absolut bästa silverjuniorerna anser jag. Det finns ingen anledning att chansa på bolag utan produktion när Avino finns att investera i. Utväxlingen i aktien är stor nog här.


"Highlights of Second Quarter 2014 (Compared to Second Quarter 2013)

Financial

- Cash cost per AgEq ounce1 was $8.67 compared to $9.66 in 2013
- Consolidated all-in sustaining cash cost per AgEq ounce1 was $12.02 compared to $12.80 in 2013
- Revenues reported for the quarter were $5,104,921 compared to $4,951,952 in 2013, an increase of 3%
- Income from mine operations was $2,311,928, a decrease of $26,471 or 1%
- General and administrative expenses were $966,319 compared to $957,206 in 2013
- Earnings before income taxes was $440,797 compared to $1,532,301 in 2013
- Earnings (Loss) for the quarter was ($87,097), a decrease of $1,534,398 from 2013
- Earnings (Loss) per share, basic and diluted, was ($0.00) compared to $0.05 in 2013
- Average realized prices per ounce of silver and gold were US$19.59 and US$1,283 respectively for 2014 and US$26.63 and US$1,523 respectively for 2013
- Cash flows from operations before movements in working capital and income taxes were $3.1 million for the first six months of 2014, compared to $2.8 million for the corresponding period of the previous year
- Cash flow per share1, basic and diluted, was $0.07 per share for the first six months of 2014, compared to $0.10 per share for the corresponding period of the previous year"

"I'm pleased to report another solid quarter of stable silver and gold production. Cash costs continue to decrease and revenue increased even in light of weaker metals prices over the same period last year. This is good news for Avino shareholders and can be attributed to our excellent staff of well-trained managers, geologists, mining engineers, metallurgists and the rest of the operations team. The outlook to year-end looks robust as we anticipate bringing circuit number 3 online by the fourth quarter, effectively tripling mill capacity."

- David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd"