Thursday, August 21, 2014

TNR Gold Los Azules Copper: Taca Taca sale 'very encouraging' for Argentina mining - McEwen $TNR.v $MUX $ABX



Los Azules is a unique, long-life, copper mining opportunity in Argentina. Recent acquisitions that include the Las Bambas copper mining project in Peru acquired by Minmetals Group from China and the Taca Taca copper deposit in Argentina acquired by First Quantum Minerals confirm there is significant value to be realized for projects in this region. We are pleased that large-scale, capital intensive projects like Los Azules are attracting attention from global mining companies, increasing our ability to monetize our portion of the asset. In our opinion, McEwen Mining's latest analysis provides a solid base value for the asset,” commented Mr. Kirill Klip, Non-Executive Chairman of TNR.

Kirill Klip.:


TNR Gold Corp. Comments on Recent News by McEwen Mining on the Los Azules Copper Project, Argentina.



Copper M&A in Latin America, TNR Gold And McEwen Mining With Los Azules Copper.


 "We have the great news from McEwen Mining, you can Google for the whole news release. Before the value for Los Azules was based on the acquisition price paid by US Gold for Minera Andes. After the collapse in Gold prices and Argentina troubled couple of years this accounting value has became the wishful history. Now based on the valuations of Taca Taca in First Quantum Minerals takeover of Lumina Copper McEwen Mining will make the conservative accounting valuation of Los Azules. Normally the selling price for the assets is above such an assessment. You will have to make your own numbers or contact Jim Mustard at PI Financial, who is acting on behalf of TNR Gold. Read more."



BN Americas:


Taca Taca sale 'very encouraging' for Argentina mining - McEwen


By  - 

First Quantum Minerals' Cdn$470mn (US$428mn) acquisition of Lumina Copper and its Taca Taca copper deposit are positive signs for mining in Argentina, according to Rob McEwen, CEO of McEwen Mining.
The takeover, expected to close by the end of August, is evidence of renewed market interest in large deposits in the country, McEwen said on the company's Q2 earnings call.
Toronto-based McEwen withdrew its Los Azules copper project in Argentina from sale in June 2013 due to a lack of interest, with the CEO previously warning the project may fetch less than US$200mn due to a depressed market.
Investment in Argentina's mining sector has been affected by import and currency restrictions imposed by President Cristina Fernández's government, as well as spiraling inflation and the strength of the Argentine peso.
Due to Taca Taca's similarities to McEwen's Los Azules copper project in Argentina, the acquisition also helps gain an idea of the latter's value, McEwen said. The company announced a US$98mn impairment charge related to Los Azules in its Q2 results in reaction to the Lumina Copper acquisition.
"The recent sale of Lumina Copper is very encouraging and not only signals that big projects in Argentina are again becoming attractive but it also provides a measure of the value of the Los Azules project," McEwen told the call. "This and other sales suggest Los Azules has a value of approximately US$300mn and represents a source of future liquidity."
McEwen also has an interest in the San José mine in Argentina and mines and projects in Mexico and the US."
Please Note our Legal Disclaimer on the Blog, including, but Not limited to:


There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.



Wednesday, August 20, 2014

Jim Rickards & Peter Schiff Discuss Global Gold Markets. $TNR.v $MUX $GLD $GDX $RGLD $ABX


  Jim Rickards and Peter Schiff are explaining the complex global geopolitical situation as the part of the ongoing Currency Wars leading to The Death Of Money. BRICS Bank is the very important development among these very difficult economical and financial issues and its rising as alternative to IMF will play the very important role in the destiny of US Dollar and Gold.

Jim Puplava: The Swiss Gold Initiative With Luzi Stamm, Member of the Swiss National Council $TNR.v $MUX $GLD $GDX



  "Jim Puplava discusses the groundbreaking developments in Switzerland where the real democracy can be in action now. Even debates about the Gold and Money Printing will be unprecedented on the national level and if this decision finds the support of the people Central Planers will be in horror."


Kirill Klip.:


End Gold Manipulation: The Stunner From Today's Round Table Debate To "Fix" The London Gold Fix.



 ZeroHedge reports on this very important topic, which I follow on my blog:


  "As those following the saga of the rigged for decades and soon to be history (in its current incarnation) London gold fix know, today was the date when the World Gold Council held its "Modernising the London Gold Fix: IOSCO and beyond" round table session.
  Specifically, as the WGC explained, "The World Gold Council will be holding a round table debate on the reform of the London Gold Fix and the modernisation of the London gold market. Many aspects of the existing price benchmark process are viewed favourably by market participants, however, other elements are in need of reform if IOSCO compliance is to be achieved. The World Gold Council is seeking views from both users and service providers on the optimal characteristics of any reformed system. We will also debate whether IOSCO compliance is enough or should the industry be seeking to modernise more than just the price benchmark?" ZeroHedge."


I Vote To End Gold Manipulation: FSA Fines Barclays For Manipulation Of Gold Price - Join Me.


 "Manipulation cannot lasts forever even if the very powerful forces are behind it. You already know that I am not talking here just about one trader, one bank or even one country. We are talking here about the highest levels of power involved in this masquerade.
   Why Gold is so important for everyone, not just for the super wealthy who can afford to put it aside for the rainy day? Gold is the most important indicator of the rate at which FIAT money are losing its value - its real purchasing power. If you can manipulate it - you can pretend that everything is fine and DOW and S&P 500 will beat All-Time-High every month as we have now. But just look below at your childhood McDonalds Menu - something is not so right, isn't it?  My personal vote is nothing, but if I am not alone it will be finished one day. Please donate your tweet for the good cause and share this post if you want to change it as well.




TNR Gold: Shotgun Gold Project - Why Do We Need New Gold Deposits?






  "This picture above is stronger than thousand words written by the FED's hired academics and even Austrian School of Economics - it cuts through the verbal mist to the bone of Inflation definition and what it really means. It means that your FIAT money are losing it purchasing power. It happens every day, day by the day. How much you can see from the McDonald's menu from 70s. 
  And below is the chart representing "Strong US Dollar Policy" in action implemented by FED from the day of its inception in 1913. Some people even think that Federal Reserve is as Federal as Federal Express, but we will not go that road today.



  Inflation is the dirty open secret of all Central Banks in the world. It creates the Inflation Tax by gradually stealing from the value of your savings and deflating the government's obligations on all social programs. It is the way for governments to finance wars and "Inflate away" their debts without taxing you "directly". Inflation follows currency debasement - organised by money printing or by QE in the iPad's century - and it is making its dirty work by itself.
  Why Gold is so important here? It is the real measure of the rate of Currency Debasement and Inflation: Gold is the Real Money, not dollars. That is why it is manipulated so heavily:
  I will address you to James Rickards' books: "Currency Wars" and "The Death of Money" to get more information in depth on these subjects and Gold Manipulation is widely discussed on the web today. Read more."
  


  This particular case is not more than a slap on the wrist for Barclays, but it is the beginning. Now Gold Manipulation will be more difficult. Will we ever have the real free market? I doubt it personally, but it is the very good start and Naked Short Selling could be the very good follow up:

Market Manipulations, NI 43-101 And How The Honest Person Can Survive In Junior Mining.


 "Manipulation is rampant in all markets: HFT Flash Boys, LIBOR, FOREX, Pensions, Energy ... Gold. Some of the former conspiracy theories are going in the court rooms now, others are still waiting for their time. But nothing could be compared with naked shorting and manipulations in the illiquid junior mining stocks. Dirty tactics are used all over the market like the banging the juniors into the close, suppressing the prices during the accumulation. You can get the idea from the reports made by Jim Puplava  on Financial Sense and the summary: Naked Short Selling: The Problem.  Not a lot of people are talking about it - not a lot of us have the voice. And that is the real problem. Read more."

Please Note our Legal Disclaimer on the Blog, including, but Not limited to:



There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.





Tuesday, August 19, 2014

Lithium Rush: First BMW i8 in US sells for $825,000.



Kirill Klip.:


Lithium Rush: First BMW i8 in US sells for $825,000.

  

  Some people are already getting the Lithium exposure over excitement, judging by the lofty price paid for that BMW i8. I have just driven one thanks to Marcus Bateman from BMW I certified dealer at Sytner High Wycombe, UK. He will make the better deal for you! Just mention International Lithium to him. 
  The BMW i8 is like a fighter jet on the road with the perfect handling and it is totally silent in full electric mode, but with enough torque for all road conditions. For the real fun you can switch on the engine to feel the sport part of this super car. In my personal opinion, collaboration with Tesla can make BMW i8 even better - provide much longer full electric range and make the engine just for your Range Anxiety control, but switched off most of the time!



China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.




AutoBlogGreen:


"Here are some numbers. The standard BMW i8 starts at starts at $135,700. The first i8 in the US was auctioned off at the Pebble Beach Concours d'Elegance this past weekend and the auctioneers, Gooding & Company, said before the gavel was lifted the fist time that they expected the i8 with unique Frozen Grey Metallic and other upgrades to raise between $150,000 and $200,000 for the Pebble Beach Company Foundation. Turns out, the car eventually sold for $825,000 to an unnamed buyer.
Along with the honor of having the first i8 on these shores, the special plug-in hybrid comes with Dalbergia Brown leather upholstery, a set of Louis Vuitton luggage and something called a "professional edition" charging station along with laser headlights (subject to regulator approval). A number of other i8s were delivered to a few wealthy car shoppers who managed to make their way to Pebble Beach over the weekend, including automotive guru Roger Penske and Nest CEO Tony Fadell. The special edition was presented at the auction by Jay Leno and BMW North America president and CEO, Ludwig Willisch. You can't put a price on that. Just kidding. You can, and it's apparently $825,000. AutoBlogGreen."

Please Note our Legal Disclaimer on the Blog, including, but Not limited to:

There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.  


Electric Cars Vs Hydrogen: There Are Just 12 Public Hydrogen Stations in the United States.




Kirill Klip.:


Electric Cars Vs Hydrogen: There Are Just 12 Public Hydrogen Stations in the United States.

  


  I continue my research into Hydrogen and Electric Cars. Technically Hydrogen cars are electric as well, instead of only storing energy in the lithium battery you have the small energy producing plan on board called Hydrogen fuel cell. You can sense the trouble already - the full energy cycle has a very low efficiency as the chat above shows. After further research you will realise that Hydrogen cars are the same EVs with the fuel cell range extender, Lithium battery is still needed for the specific power compensation and regenerative breaking.
  Hydrogen is the future ... and will always be. Electric cars are already here and pouring onto our streets in numbers now, Hydrogen based are still just a few prototypes with total lack of infrastructure. Tesla Superchargers will allow 98% of US population to cross the country from coast to coast by 2015. We have sun and wind with other alternative energy to power all our electric cars theoretically, where the Hydrogen will come from? The reports show that the cheap natural gas is the only answer here and it meansFracking in US and UK - so much for the green part of this dream and its sustainability. Apart from huge lost of energy in the full cycle, we will stay with the same old boys from the big oil who is behind this push. No energy security, no distributed energy generation, just the same old needle provided by the same people.
  Hydrogen will be viable as the additional source of energy once its economics improves, but why distract the attention now instead of focusing on electric cars available lithium technology? This is what Elon Musk at Tesla and China are doing now. Tesla Gigafactory will bring even more reliable, cheaper lithium batteries to power EVs with Tesla Model S and X reaching 400 miles range. It will allow to build Tesla Model III - 35k electric car with 200 miles range to ignite the mass market.


China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.




Elon Musk With Tesla Gigafactory Starts The Race To Secure Supply Of Lithium Batteries And Lithium.




  "I would like to share with you the very interesting summary from  Seeking Apha on this subject. It confirms my personal observations of the investment and M&A trends in our Lithium industry today. I will share with you few quotes and links which will help you to understand International Lithium strategy and, what is very important, how our strategic partner Ganfeng Lithium sees this megatrends from the ground of the world's biggest auto market in the world in China. Read more."

Lithium Catalyst: Hydrogen Dreams And Write-down Of Two-thirds Of US Shale Oil Explodes Fracking Myth.

  

  "If you have noticed, last few weeks Hydrogen powered cars were seriously pumped by some media outlets and auto-makers. Elon Musk was stealing media attention by makingthe headlines with his Tesla Motors Gigafactory and UK "occupation" by Tesla Model S, but now we have another very important reason for Hydrogen story revival.
"We have discussed with you my personal vision of the Market for Electric Cars and Lithium Industry developments yesterday. I might be very "responsibly conservative" for the prospects of our Lithium Battery Industry after all!  Today you get the bold vision from our Electric rEvolution leader-in-chief Elon Musk. AutoBlogGreen reports: "Tesla CEO Elon Musk Expects "Hundreds" Of Battery Gigafactories. Read more.

  I am sceptical about Hydrogen and picture below shows the Hydrogen economics - Battery Electric Cars are much more efficient. Add here the billions of dollars needed to be invested for the infrastructure to be in place and you will get the picture who is sponsoring the effort. Read more."


Inside EVs:


Mark Kane

Alternative Fuels
Alternative Fuels
Charging Points - August 2014
Charging Points – August 2014
Some manufacturers believe that hydrogen fuel cells are one of the solution to power cars. Without going into details, we just checked the situation for today.
According to the Alternative Fuels Data Center, there are just 12public hydrogen stations in the United States, with 41 more private units in use in various other applications.
As for electric vehicles, we know that the charging infrastructure isn’t fully developed yet and there are still many fast charging gaps.  However, with more than 20,000 public points and hundreds of DC fast chargers, EVs are far ahead in case of the infrastructure.
8,526 electric stations 20,748 charging outlets in the United States “
As for the vehicles themselves, there are already several EV models available nationwide (19 this month including the first sales of the BMW i8 this weekend), while FCEV is still stuck in the pilot phase with limited offers from a couple of manufacturers.
This is the situation in the middle of 2014.
Will hydrogen fuel cell vehicles be real competition for plug-in electric vehicles?  Will this lack fo hydrogen infrastructure and limited vehicle availability change over time?
We’ll continue to check this and report on it over the next several years, but our guess is that hydrogen is probably not here to stay in this face of the strong competition presented by the EV industry and its strong governmental support on a worldwide level.
Hydrogen Stations - August 2014
Hydrogen Stations – August 2014