Tuesday, June 30, 2009

Lithium and REE: Portugal to Build Refueling Sites for Electric Cars TNR.v, SQM, ROC, GOOG, AAPL, RIMM, NSANY, BYD, TM, TTM, DAI, F, HUI, XAU, OIH,

Portugal is not a stranger to Green Energy:
"...in recent years it has become a European pioneer in the development of clean energy. The government claims renewable sources can already meet 43% of the country's electricity needs"

Move into Green Mobility and our Next Big Thing seems very logical: after news from UK green mobility revolution is taking Europe over.

Merkel Retreats on Nuclear Power, Backs Electric Cars

"Electric-Car Technology
The CDU/CSU program aims to build on Germany’s automotive expertise to make it a “world leader” in electric cars. A model region will be identified to develop electric-car technology, with the aim of putting at least 1 million vehicles on the road by 2020
. "

" Associated Press
LISBON -- Portugal announced a plan to install about 1,300 recharging sites for electric vehicles over the next two years, part of an effort to create a mass market for environmentally friendly electric cars expected to go on sale next year.
The center-left Socialist government is aiming to reduce energy imports and emissions.
Having no oil or coal, Portugal has long imported most of its energy. But in recent years it has become a European pioneer in the development of clean energy. The government claims renewable sources can already meet 43% of the country's electricity needs.
The first phase of deployment will include recharging sites in 21 cities and rural districts chosen for their high population density and traffic volume, the Economy and Innovation Ministry said. The sites are to be established at gas stations, shopping malls and wired parking spots, among other places.
The network is being built by a consortium of five companies, the government said.
The government has promised tax breaks to encourage the purchase of zero-emission vehicles. It predicts that Portugal could have 180,000 battery-powered cars on the roads by 2020. By that time, there could be 25,000 recharging sites, it said."

Gold in Africa: Volta Resources intersects 41 Metres @ 3.23 Grams per tonne of Gold at its Kampti Gold Project VTR.to, HUI, XAU, SNU.v, SGC.v,

One more forgotten junior is coming out from misery: Volta Resources VTR.to could be a good accumulation idea for summer before gold crossed 1000 USD/oz with all recent developments in the company.
Tuesday, June 30, 2009

Volta Resources intersects 41 Metres @ 3.23 Grams per tonne of Gold at its Kampti Gold Project.
It is always interesting to see companies engaged in the development of gold assets in West Africa and the progress they make. Unlike Central African countries West Africa has stable political environments, offers mining friendly regulatory framework and have world class deposits.
West Africa is the home for several well known mining companies such as AngloGoldAshanti (NYSE: AU), Newmont Mining (NYSE: NEM) and Randgold Resources Ltd (NASDAQ: GOLD). It is against this backdrop that we continue to follow Canadian Venture listed Volta Resources Inc. (TSX: VTR). Volta Resources is actively exploring 4,125 square kilometres of highly prospective greenstone belt in 20 properties in both Burkina Faso and Ghana. The properties are generally located on the margins of mature to emerging gold belts, the geological setting for numerous world-class gold mines in the region. VTR has continued its development endeavours in its prospect portfolio.The company’s current focus however is Kampti III and Gaoua properties both in Burkina Faso. Results from its recently completed reverse circulation ("RC") drilling program on the Maména-Fofora prospect at its 100% owned Kampti III property include intersections of 41m @ 3.23g/t gold ("Au"), 5m @ 6.84g/t Au, 6m @ 4.28g/t Au, 8m @ 4.15g/t Au and 5m @ 2.06g/t Au. Drilling confirms the presence of gold mineralization in all three target areas, with most holes intersecting anomalous gold values (>0.25g/t Au) over multiple zones. The Kampti property is located in southernmost Burkina Faso, close to the border with Ivory Coast. The project consists of one single permit (Kampti III), covering about 250km² and wholly-owned by Volta Resources. The project is characterized by a 22km-long and 4km-wide corridor, defined by several geochemical (BLEG and soil) anomalies and by geological mapping, trending NNW through the centre of the entire permit.According to Kevin Bullock, President and CEO, results have exceed their expectations and the company will follow up with more drilling that will further define the growing potential at Kampti. The next step is to undertake another auger drilling programme to infill, refine and further extend the Kampti targets in order to prepare for the next round of RC and diamond drilling. VTR is well financed and is in a position to undertake its development endeavours. Kevin Bullock intends to spend $1 million at Kampti and Gaoua properties over the next six months to December. The company has approximately $6 million in the treasury. We have brought VTR progress to our readers’ notice and will continue to follow the company.
About Volta Resources
Volta Resources was formed through a 50/50 merger of two experienced West African explorers, Birim Goldfields Inc. and Goldcrest Resources Ltd and has a portfolio of properties in Ghana and Burkina Faso. Volta's primary focus is to become the leader in the identification, acquisition and exploration of gold properties in West Africa."

Monday, June 29, 2009

Lithium: Great Britain Plugs In Electric Cars. TNR.v, SQM, ROC, GOOG, DAI, TM, BYD, TTM, F, NSANY, CDNX, FXI, HUI, XAU, OIL, OIH, WLC.v, RM.v, CLQ.v,

Electric cars are coming on London streets and Canadian junior is coming for lithium in Ireland - sounds like an interesting development of our Next Big Thing.
Now we have a better understanding why TNR Gold TNR.v is moving into Ireland with Lithium and REE exploration licences (pending for approval) - we have a flood of news from UK on Electric cars and Green Mobility in last couple of days:

"The Blackstairs Project is located in the Leinster Pegmatite Belt in the southeast of the Republic of Ireland, approximately 80 kilometres south from Dublin. Approximately nineteen pegmatite bodies spread over a length of 30 km along the eastern edge of the Leinster granite pluton make up this belt.TNR has applied for eight licenses (totalling 292 km2), which cover the belt. This process takes from 4 to 6 months to complete before fieldwork can begin. Lithium was first located during base metal exploration in the 1970s by Irish Base Metals Limited. Since then pegmatite exploration has expanded to include tantalum although niobium, tin, cesium and even gold anomalies have also been noted.Pegmatites in the Leinster Belt show a range of rare elements associated with them. The pattern of element distribution is consistent with successive enrichment and concentric zoning seen in pegmatites and illustrated in the diagram to the left. TNR intends to use this and other geochemical zonation as guide to ore and potentially additional pegmatitediscoveries. Ireland has a lengthy history of miningand has attracted a number of major mining companies. It is recognized as a mining friendly jurisdiction. Access to the Leinster Pegmatite Belt is by a good road network used by nearby farming communities.Stream sediment sampling by the Geological Survey of Ireland in 1986 - 1990 identified a number of catchment areas within the license application that have tantalum anomalies.Since 2000, focus of exploration in the southern part of the license application -- south of Aclare, has been on tantalum. Outstanding recommendations from the last phase of exploration have yet to be acted on.In 1970, 885m of drilling in the Aclare pegmatite by Irish Base Metals Limited was used to calculate a "drill indicated" reserve. Difficulties with laboratory results suggested that the estimate may be significantly low, but there appears to be no documentation of later work to resolve the issue.Stranakelly was drilled with two holes in 1974 which intersected 1.4m of 2.34% Li and 5.5m of 1.6% Li. High tantalum values from a 7m pegmatite intersection in a trench were also reported, but poorly documented. Moylisha was drilled in 1976 with five holes. The most significant result in these was 9.5m of 1.66% Li. As with other pegmatites at the northern end of the belt, lithium occurs as lepidolite. TNR intends to re-establish data from previous drilling and determine where additional step-out drilling is possible. TNR has a team of experienced geological staff ready to apply pegmatite exploration methods proven in Canada to Irish targets."

To put things into perspective: Americans would be on barricades already with British petrol prices at over 7 USD per gallon (0.95 GBP per liter). Great Britain unveils production of Hybrids, world scale trial for Electric Cars and builds world largest charging network.

" Britain to build new hybrid cars

Monday, 29th June, 2009
Britain is to become the first country in Europe to build hybrid cars following a decision by Toyota to start production of the Auris at its Burnaston plant near Derby.
The Sunday Times newspaper reports that production is expected to start at the end of this year.The Auris hybrid shares its chassis, 1.8litre petrol engine and electric motor with the Prius, but is a smaller and lighter vehicle. The new Prius emits CO2 emissions of 89g per kilometre, and an average fuel consumption figure of 72.4mpg.
The Auris will be pitched as a rival to the £15,490 Honda Insight Hybrid, a car recently crowned
Green Car of the Year by the Environmental Transport Association.
A spokesperson for the Environmental Transport Association (ETA): “The government will have offered generous incentives to secure production of this car, but this will pay dividends if it positions us at the forefront of green technology

Jump start for electric car trial

"A UK-wide trial of low carbon and electric cars has been launched.
Ministers were at London's Guildhall to unveil a range of vehicles that will be tested in eight cities.
More than 340 cars will be involved in the test, including Mitsubishi's electric MiEV and the Mini E.
The government is putting £25m into the project, organised by the Technology Strategy Board, to showcase the technology which will be available in the next six to 18 months.
David Bott, the board's director of innovation programmes, told the BBC that electric cars were now coming of age.
"Electric cars are now credible. We're looking at cars with a range of 150 miles and decent speed.
"We're putting a variety of cars and systems on the road to see how they work for real. Not only will this enable us to see what works, and what doesn't, but also how people interact with them," he said.
Green transport
Although the majority of vehicles on trial are electric, a small number are so called plug-in petrol/electric hybrids. The overriding requirement was that the car would emit less than 50g CO2 per km.
Matthew Lumsden, from independent energy consultants TNEI, is managing the project in the north-east of England and outlined how the trials would be carried out.
"The first cars will be on the road at the end of the year and then run for about two years.
"Individuals will get a car loaned to them for between six and 12 months so we can get a good collection of data.

Lord Drayson and Lord Adonis at the Ultra Low Carbon Vehicle test launch
"We're going to find users who are suited to the vehicles and we plan to get a good cross-section of society - from families doing the school run to people who regularly commute into work.
"We also want them to park the cars in visible places; half the process is about raising the profile of the vehicles," he added.
While some companies - such as Nissan - are developing custom-built electric vehicles, other companies - such as Smith Electric Vehicles - are putting electric engines into existing vehicle chassis, such as Fords and London-style cabs.
The government say the trial is an "important step" in helping it reach its target of an 80% cut in carbon emissions by 2050."

London, England - The U.K. government has outlined its Ultra Low Carbon Vehicle Demonstrator scheme, which it said will pave the way for the creation of the world’s biggest network of electric vehicle (EV) recharging stations.
The £25 million project will implement eight demonstrator programs across the U.K., bringing together organizations that have committed to installing more than 500 roadside, car park, business and home charging stations by June 2010. The majority will be produced and installed by Brighton-based Elektromotive.
Eight separate consortia, involving car manufacturers, power companies, regional development agencies and academic bodies will each receive a portion of the funding. The consortia will coordinate trials of approximately 340 EVs and plug-in electric hybrid cars in London, Glasgow, North-East England, the West Midlands and Oxford.
Many of the new charging stations that will be installed are Elektrobays, identical to 160 already sited in London and in other locations around the U.K. The Elektrobay is the only recharging station currently in widespread day-to-day use anywhere in the world, and the high level of around-the-clock usage of the stations in London provides an insight into how the creation of a proven infrastructure has become a prerequisite for the widespread adoption of EVs and plug-in hybrids by consumers

Sunday, June 28, 2009

Lithium and Green Energy: Trillion dollars business case - What The Heck Is Cap And Trade? TNR.v, SQM, ROC, GOOG, AAPL, RIMM, DAI, NSANY, F, BYD, TTM,

Cap and Trade - blood is on the floor: Congress "best the money can buy" is fighting around 6 Trillion dollars involved. House has approved a new legislation. Be prepared to be brainwashed on all accounts - very big money warrants the exercise. We will not speculate, whether it is the best practical solution and its detail enforcement, but we like the motion and it is very positive for our Next Big Thing - Green Mobility revolution. Electric cars were killed not once already before - will they survive this time? Truth is we can not afford to live like before any more, not only financially, but in energy consumption as well. If you were patient to look through concept of E7, you have noticed that China is consuming 16% and India 4% of Energy consumption compare to US Corp. Western consumption of fossil fuels is not sustainable on all accounts. This bill will be a start for 6 trillion dollars Energy economy transition into Green Alternatives. Wolves' cry about sheep health, sorry, US household to pay for the bill forgets to mention a few important points:
1. Rising oil prices will provide the fuel tax on consumer spending and put foreign account deficit under further strain: it is estimated that with Oil at 100 USD/barrel transfer of wealth from US Corp. was in the amount of one trillion dollars per year.
2. Without taxing energy wasting customers you can not implement proper technology shift to address the problem long term: Japan is an example - with net imported oil and high pump prices country has the most developed technological base for Lithium batteries, hybrid and electric cars ready for mass market.
3. It is not a matter of economics only, but national security with China moving fast into Lithium batteries and REE space: danger is to miss the last chance to resurrect manufacturing base this time for next industrial revolution based on Electric Cars and substitute transfer of wealth to Middle East on payments to China, Korea and Japan.
4. You can not compete with Electric Car economics: 4c per mile against 13c per mile in a very fuel efficient conventional car. US corp. will be killed again on cost basis if China will incorporate in its production cycle transportation based on Electric Cars solutions plus to its labor cost advantage.

Will there be enough political will to move forward and save the country from falling apart? We will see it in a coming days. All worries about cost for family with estimations from 175 dollars to 1900 dollars per year must be addressed on relative basis: what will be cost of depending on oil above 100 USD/barrel and watching China and other 50% of the world are moving forward?

We have everything in place for the tectonic shift and the Real New Deal, like Ford could be put as an engine of US Corp. rising economic power and building a strong consumer base in 20th century, so the new industrial revolution could utilise at least part of bail out money and build an industrial base for 21st century. Tax and other incentives to move the fleet into new dimension of electric vehicles will go directly where it needed: to consumers strangled by falling housing, retirement and social security systems failures. Cost per mile efficiency will protect the suburban life and will go directly into disposable income of the most vulnerable households. The new industries will rise and bring new opportunities and Bull market for ailing economy.

"What The Heck Is Cap And Trade?
Jay Yarow

Did you come late to the party on cap and trade? Now that it's one step closer to being law, here's a primer what it is and how it works.
Cap-and-trade? Offsets? Pollution credits? The climate bill under consideration in the U.S. House of Representatives tackles global warming with new limits on pollution and a market-based approach to encourage more environmentally friendly business practices. But what exactly do the proposed rules mean, and how would they work?
Some questions and answers about the bill, a top legislative priority for President Barack Obama:
Q: What's the purpose of this legislation?
A: To reduce the gases linked to global warming and to force sources for power to shift away from fossil fuels, which when burned, release heat-trapping gases, and toward cleaner sources of energy such as wind, solar and geothermal
Q: How does the bill accomplish this?
A: By placing the first national limits on emissions of heat-trapping gases from major sources like power plants, refineries and factories. This limit effectively puts a price on the pollution, raising the cost for companies to continue to use fuels and electricity sources that contribute to global warming. This gives them an incentive to seek cleaner alternatives.
Q: Is this the "cap-and-trade" idea that has been in the news?
A: Yes. The first step in a cap-and-trade program sets a limit on the amount of gases that can be released into the atmosphere. That is the cap. Companies with facilities that are covered by the cap will then receive permits for their share of the pollution, an annual pollution allowance. This bill initially would give the bulk of the permits away for free to help ease costs, but they still would have value because there would be a limited supply. Companies that do not get a big enough allowance to cover their pollution would either have to find ways to reduce it, which can be expensive, or buy additional permits from companies that have reduced pollution enough to have allowances left over. That is the trade. Companies typically would pick the cheaper option: reducing pollution or buying permits. They also have a third choice: They can invest in pollution reductions made elsewhere, such as at farms that capture methane or plant trees. These are known as offsets.
Q: So the idea is to try to reduce the overall level of pollution, regardless of whether, say, a particular factory reduces emissions?
A: That is true in the beginning. But as the cap gets lower and lower, reaching an 83 percent reduction by 2050, eventually all polluters will have to reduce. It is merely a question of when. For instance, it will be very tough for coal plants to reduce emissions at the outset of the program because the technology to capture and store carbon dioxide is not yet commercially available. It probably is 10 to 20 years away. So they will be buying offsets and buying allowances from other entities that will have an easier time.
Q: Do most environmentalists support this approach?
A: Most do, at least broadly. Cap-and-trade has had success. Since 1990, the United States has had a cap-and-trade program for sulfur dioxide, the main culprit in acid rain. Democrats have had to make a lot of concessions to win votes for the current bill from lawmakers from coal, oil and farm states. Some liberal environmentalists think these concessions weaken the bill. For instance, the bill's sponsors have had to lower the cap — it originally called for a 20 percent cut by 2020 — to 17 percent. Research suggests that much deeper cuts will be needed globally to avert the most serious consequences of global warming.
Q: Who opposes this approach, and why?
A: Republicans, some farm groups, some environmentalists, the oil industry, which feels it has received too few free permits, and some moderate Democrats. They all worry about the cost and the loss of jobs if industries move to countries that do not have controls on greenhouse gases. The bill has provisions to prevent this, but there are questions whether they will work. Republicans call the bill a national energy tax on every American family. This is because, as industries spend money to reduce pollution or buy credits, they will pass on that cost to consumers, the people who turn on the lights or pump gas in their cars. Recent analyses by the nonpartisan Congressional Budget Office show that the new rules eventually will cost the average household an extra $175 a year.
Q: Under the bill, what will happen to companies that do not follow the rules?
A: If they exceed their limit, they will have to pay a fine equal to twice the cap-and-trade price for each ton of pollution over the limit.
Q: Other than costs potentially being passed along to consumers, will this affect most Americans' day-to-day lives?
A: It fundamentally will change how we use, produce and consume energy, ending the country's love affair with big gas-guzzling cars and its insatiable appetite for cheap electricity. This bill will put smaller, more efficient cars on the road, swap smokestacks for windmills and solar panels, and transform the appliances you can buy for your home.
Q: How quickly will we notice these changes?
A: Some will occur more quickly than others. For instance, measures to boost energy efficiency in buildings and appliances are the low-hanging fruit that does not require major infrastructure changes or new technologies. Other changes are decades off and probably will come when the cap gets more stringent and permits get more expensive. For instance, the country can build more wind and more solar panels, but currently it lacks the transmission lines to move the energy they generate to population centers. As for cars: While more efficient models are a near-term reality, it will take a while to change out the fleet. Some people will continue driving 10-year-old gas guzzlers.
Q: What are the chances this bill will become law?
A: Both the Obama administration and Democrats want this bill passed by the end of the year, when negotiations for a new international agreement to reduce greenhouse gases get under way in Copenhagen, Denmark. Even as Democrats hold the majority in Congress, it will not be easy to get this enacted. Many moderate Democrats from rural states and conservative districts are worried about the costs and complexity of the legislation when the economy is already weak. Very few Republicans, if any, are expected to support the bill. Approval of a climate bill in the Senate has been viewed as a long shot. Parts of the bill may need to be changed to secure approval in the Senate.
Q: Why is it so important to tackle global warming anyway?
A: Left untended, scientists say, global warming will cause sea levels to rise, increase storms and worsen air pollution. For these reasons, the Environmental Protection Agency recently concluded that six greenhouse gases pose dangers to human health and welfare. And politically, without U.S. action, developing countries like China probably will not agree to mandatory pollution limits."

Friday, June 26, 2009

Lithium and REE: Next Big Thing is charging on. TNR.v, SQM, ROC, GOOG, DAI, NSANY, TM, TTM, BYD, F, AAPPL, RIMM, IBM, HUI, XAU, FXI, CDNX

The main message is that Electric Cars are not a fantasy any more and our Next Big Thing is ready to be charged. All major automakers have rolled out Electric Cars models, battery space is getting crowded and technology is moving forward increasing the range and providing safety. Corporations from Tesco to UPS and Canada Post are rolling out electric commercial fleet and it will bring us to mass market with reduces cost per unit needed for tide of change. Junior market is hitting up in Lithium and REE as well and our future bull market plays are staking future deposits.

by Bruce Mulliken, Green Energy News

An electric vehicle and battery plant in Tennessee. Electric vehicle and component plants in California. Electric vehicle rentals in Maryland. New research in batteries. Is the U.S. really turning to electric drive? The news supports that notion.
Nissan has announced that it has been conditionally approved by the U.S. Department of Energy (DOE) to receive a $1.6 billion loan to modify its Smyrna, Tennessee plant to build battery electric vehicles as well as the batteries to power them. The loan is from DOE’s Advanced Technology Vehicles Manufacturing Loan Program (ATVMLP), a $25 billion program authorized by Congress in 2007. ATVMLP is meant to accelerate the development of vehicles and technologies that increase energy independence, create cars and stimulate the economy.
This is no small venture for Nissan. The modified plant will have the capacity to produce 150,000 electric vehicles a year and 200,000 battery packs. Construction is set to begin late this year and vehicles should be rolling off the assembly line in 2012. But U.S. drivers won’t have to wait until 2012 to get a Nissan all-electric vehicle. The company will launch the zero emission vehicle simultaneously in Japan and the U.S. in 2010, with the first vehicles to be built in Japan. Nissan will shift production to Smyrna when the plant is ready.
Details of the Nissan electric vehicle (whether it is car, light truck or SUV) will certainly emerge during the coming months. The company says only that it will seat five, is highway capable, will use a lithium-ion battery pack and have an initial range of 100 miles.
Tesla Motors also has been conditionally approved under the same DOE ATVMLP loan program. Of the $465 million it will get, $365 million will go to a new plant in Southern California to build the Model S sedan, and $100 million will support a plant in Northern California that will manufacture battery packs and electric drive trains to be used in Teslas and in vehicles built by other automakers, including the Smart For Two city car by Daimler.
The Model S plant will be up and running by 2011 and be able to produce 20,000 cars per year by the end of 2013. Employment will be about 1000.
The battery and electric drive plant will begin pilot production in 2011, and ramp up to full production by 2013. Employment will be about 650.
Not more than 10 miles from where the keys are being punched to write this story, the Maryland Science Center, in Baltimore’s Inner Harbor, has launched AltCar, an electric vehicle rental and car sharing program. Sponsors of the program are battery maker and electric vehicle developer Electrovaya along with ExxonMobil (yes, THAT ExxonMobil).
Electrovaya is keen and specific to point out that Baltimore is one of the nation's first cities to feature an electric car share and rental program using advanced lithium ion battery technology developed by ExxonMobil. (ExxonMobil developed the separator film used in the battery cells.) The Baltimore program actually isn’t the first in the nation to rent electric vehicles to the general public. Highway-capable electric vehicles were available for rent a number of years ago in California, and neighborhood electric vehicles (with a top speed of 25 miles per hour) are available for rent in other communities. But the AltCar program is likely the first to use advanced lithium ion battery technology in the fleet of ten cars now operating.
However, while Baltimoreans can be proud to have an electric vehicle first, they shouldn’t plan on taking the one of the cars too far beyond city limits. The five-door, five passenger urban vehicle available in the program is Electrovaya’s Maya 300 which has a range of 60 or 120 miles. The 120 mile range is plenty to get you to Washington, DC or Annapolis (the state’s capital) but you’ll have to find your own back roads. The Maya has a top speed of only 35 miles per hour. The fine print in the website notes that AltCar will eventually offer plug-in hybrids (and one supposes highway-capable electric vehicles) when they become available.
Rental rates are $14.50 an hour. That price drops to $7.50 - 9.00 per hour for those who join the AltCar car sharing program which is subject to various fees.
The availability of high energy capacity lithium-ion batteries has been the force behind the current resurgence in electric vehicles. Yet as state-of-the-art as the batteries may seem, they’re still a work in progress; research labs are still fooling around with lithium battery chemistries. The latest to jump into lithium battery research is IBM.
Scientists at IBM Research's Almaden lab in San Jose, California, are undertaking a multiyear research initiative to develop affordable batteries to store intermittent energy from wind and solar plants as well as to power electric vehicles. IBM intends to partner with industry leaders, academia and others to explore rechargeable Lithium/Air systems, which IBM says have “the greatest energy density of all practical battery systems and are inherently safer than traditional Lithium-ion systems.”
The company would license any intellectual property that may result from this research rather than manufacture battery cells. IBM will formally launch the initiative at its annual Almaden Institute in San Jose, California, on August 26 and 27.
The company's focus on exploring battery technologies stems from IBM's Big Green Innovations initiative. Announced in November 2006, as part of IBM's investment in 10 new businesses generated by InnovationJam, Big Green Innovations has concentrated its efforts on water management, alternative energy and carbon management."

Thursday, June 25, 2009

US Dollar collapse and Gold: UPDATE 1-China should buy gold to hedge dlr fall-researcher RMK.v, TNR.v, ASM.v, CGH.to, SNU.v, SGC.v, KTN.v, VTR.v, HUI

It looks like here on US Dollar daily chart we are close to another waterfall leg down: RSI neutral to previous Sell, Slow STO turns bearish and a very nasty bearish candle has formed today.
On the Gold bugs index chart we have a very bullish picture: three white soldiers, MACD is giving a Buy, Slow STO is positive, RSI is positive. Gold miners are moving ahead of Gold - a very bullish sign, will 1000 mark will be defeated this time with Chinese help?

It is a very strong call - those who lived in the East know that "senior researcher" usually is a talking head of the communist party itself. Your "research " will be finished very fast if you dare to express your views on the matter of country financial security importance without clear understanding of the major trend. As we know from today's news dissidents are not very welcome there in any case.

Two very interesting presentations are backing our Gold and Lithium strategy:

"UPDATE 1-China should buy gold to hedge dlr fall-researcher

By Zhou Xin and Alan Wheatley BEIJING, June 25 (Reuters) - China should buy more gold because the dollar is poised for a fall and the metal is needed to support the greater international role envisaged for the yuan, a senior researcher with the ruling Communist Party said on Thursday.
Li Lianzhong, who heads the economic department of the Party's policy research office, said China should use more of its $1.95 trillion in foreign exchange reserves to buy energy and natural resource assets.
Speaking at a foreign exchange and gold forum, Li also said that buying land in the United States was a better option for China than buying U.S. Treasury securities.
'Should we buy gold or U.S. Treasuries?' Li asked. 'The U.S. is printing dollars on a massive scale, and in view of that trend, according to the laws of economics, there is no doubt that the dollar will fall. So gold should be a better choice.'
There is no suggestion that Li, even though he is a senior researcher, was enunciating an agreed party line.
However, a debate is swirling in China about how the country can reduce its exposure to the dollar and to U.S. assets in case America's ultra-loose fiscal and monetary policy rekindles inflation and erodes the value of the dollar and U.S. Treasuries.
To that end, China has said it will buy up to $50 billion worth of bonds denominated in Special Drawing Rights, the International Monetary Fund's unit of account, to be issued by the IMF.
Chinese companies, at Beijing's bidding, are also snapping up energy and commodity supplies around the globe to fuel its fast-growing growing economy.
Sinopec, China's largest oil refiner, agreed on Wednesday to buy Swiss oil explorer Addax Petroleum Corp for $7.24 billion in China's biggest overseas acquisition.
China disclosed on April 24 that it had increased its holdings of gold to 1,054 tonnes from 600 tonnes since 2003.
However, China's foreign exchange reserves have grown so fast over the same period that gold's share of the stockpile, the largest in the world, has shrunk.
Li cited the high share of gold in the foreign exchange reserves of the United States, Italy, Germany and France, to argue that China's gold holdings, which account for about 1.6 percent of its reserves, are too small.
China does not disclose the composition of its currency reserves, but bankers assume around 70 percent of it is held in dollar assets.
China is the largest single holder of U.S. Treasuries, with $763.5 billion at the end of April, according to U.S. Treasury data..
Analysts say this data set understates the true number as it does not capture paper bought through dealers in London or elsewhere.
Li said a second reason for buying more gold would be in anticipation of the yuan one day becoming a reserve currency.
The yuan is not convertible on the capital account, meaning it cannot be freely traded for other currencies for financial transactions that are not related to trade.
This rules out the yuan's use as an international reserve currency, for central banks would not be able to convert it quickly if necessary.
But, in a very preliminary step towards that goal, China is paving the way for greater use of the yuan beyond its borders.
The People's Bank of China has arranged currency swap deals with six countries since December totalling 650 billion yuan ($95 billion) so that trade and investment with China can be conducted in yuan, not dollars.
And China will soon allow selected firms in the southern province of Guangdong that trade with Hong Kong to settle their transactions in yuan, or renminbi.
'If the yuan should go international or become a reserve currency, China needs more gold to back that,' Li said.
When the yuan does become an international currency, which Li acknowledged was a long way off, he said the composition of the SDR should be reformed to include the Chinese currency.
Ideally, in the long term, the SDR would be made up of the dollar, euro, sterling and yen and yuan, each with a weighting of 20 percent, Li said.
The SDR is currently made up of the dollar (with a weighting of 44 percent), the euro (34 percent), the yen (11 percent) and sterling (11 percent)
The four currencies in the SDR, which must be convertible, are those issued by Fund members with the largest share of global trade. The weights assigned by the IMF are based on the value of exports and the amount of reserves denominated in those currencies.
The composition of the basket is reviewed every five years. the next review is due in 2010.
(Reporting by Zhou Xin and Alan Wheatley; Editing by Ken Wills)"

TNR Gold Acquires Lithium Brine Project in Nevada TNR.v, SQM, ROC, F, DAI, TTM, TM, BYD, NSANY, RIMM, GOOG, AAPL, HUI, XAU, WLC.v, RM.v, AVL.to, RES.v

Billions are coming into the lithium battery making place, making it an industry standard for the next Green Mobility revolution. We are constantly searching market space for the next Silver Standard SSRI and Capstone mining CS.to. First has been buying silver properties when nobody wanted them at Silver below 7.0 USD with stock price at below 5.0 CAD. Once silver moved to 20USD/oz SSRI moved over 40USD. Second made a solid copper play CS.to and spin out Silver story to build value for shareholders. This spin out Silverstone Resources SST.to has been bought at 2.0 CAD recently by Silver Wheaton. Have we found our next junior after Tenke Mining to run the future bull? We will never know for sure until it becomes a history, so put your crash helmet on an follow our story. Never try it at home: high voltage involved and nobody knows, when this company will be bought out.
Our investment candidate into the Next Big Thing has acquired another Lithium property, this time it is Lithium Brines Mud Lake in Nevada. Company is positioning itself in strategic area plays with similar geological formation with recent producing brines. Exploration risk is the name of the game here, but size of property, its location and fast move by TNR Gold show that management is betting heavily on future Bull market in Lithium and REE. Recent developments by the company of Lithium story brings interest in the market place: company has resurrected itself from below 0.05CAD level this winter. Coming in partners and further developments of the properties will be the next catalyst. Majors will be buying time and juniors in this field again if we are right on our Bull market in Lithium and REE. Mix of hard rock with REE credits properties and brines makes this company a unique exploration play, place to come to for J/V deals in the future. Its ability to pick up properties is well on the radar screen now with Los Azules Robert McEwen play in Minera Andes. So far CEO has delivered according to his outlook in recent publications. Disclosure: we are heavily investing in our considered to be next bull market: Lithium and REE, please do not take any information as an investment advise here as usual.

Press Release
Source: TNR Gold Corp.
On Thursday June 25, 2009, 10:59 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 25, 2009) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR - News; PINK SHEETS:TRRXF - News) is pleased to announce the signing of a letter agreement to acquire a 100% interest in the Mud Lake property, located 16 kilometres southwest of Tonopah in the Ralston Valley, Nevada. The Mud Lake property consists of twenty placer claims covering 1300 hectares in Nye county and is readily accessible year round. The Ralston basin, which contains Mud Lake, appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 47 kilometres west from the property. Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.
The Ralston basin drainage area covers 8262 square kilometres and contains centres of volcanic activity of the style that can form lithium sources for subsequent accumulation in a low point of the valley at Mud Lake. The Company intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley. In 1979, the U.S. Department of Energy through the U.S. Geological Survey ("USGS") conducted a regional lithium project which included sampling, gravity and seismic surveys on the TNR property. TNR staffs are developing an integrated regional lithium exploration approach using geochemical and basin modeling with gravity, electromagnetic and geochemical fieldwork to build drilling targets. The TNR exploration team has extensive geochemical, GIS modeling and targeting experience on four continents.
Gary Schellenberg, president of TNR Gold states, "The Mud Lake property acquisition further exemplifies our overall strategy to acquire lithium and rare metal projects of merit worldwide. TNR is now well positioned in Nevada with the Mud Lake property and its Fish Lake Valley property which is located 34 kilometres west of Chemetall-Foote Corp's Silver Peak operation in Clayton Valley."
TNR has agreed to make payments totaling US$260,000 over a four-year period, issue 1,000,000 common shares of TNR over a three-year period and commit to work expenditures totaling US$1,000,000 over a four-year period. TNR has agreed to pay a Royalty of 3% to the vendor and has the right to purchase the royalty for US$3,000,000 at anytime. TNR also has the option to reduce the Royalty by paying the vendor US$1,000,000 for each 1% (1/3) at anytime.
For more information about Lithium - deposits, production, markets and news please refer to TNR's "About Lithium" page at: http://us.lrd.yahoo.com/_ylt=AqR28k7G4KdtH_YDUJQM9N2tcq9_/SIG=11ibjitd5/**http%3A//www.tnrgoldcorp.com/s/AboutLithium.asp
Mr. John Harrop is the Company's qualified person on the project as required under NI 43-101 and has reviewed the technical information contained in this press release.
The agreement is subject to TSX Venture Exchange approval and any regulatory approvals.
TNR is a diversified metals exploration company focused on identifying new prospective projects globally and upon approval of pending licences in Ireland, will have a total portfolio of 32 properties, of which 16 will be subject to the proposed spin-off of International Lithium Corp ("International Lithium"), TNR's wholly owned subsidiary.
It is anticipated that TNR shareholders of record will receive one share and one full tradable warrant of International Lithium Corp. for every 4 shares of TNR held as of the yet determined record date. This will result in TNR shareholders owning shares in both TNR and International Lithium. For further details of the spin-off please refer to TNR's April 27, 2009 news release or visit http://us.lrd.yahoo.com/_ylt=As5yPdUXTIT7pBiONH4WuoWtcq9_/SIG=11907bp0b/**http%3A//www.internationallithium.com/.
The recent acquisition of lithium projects in Argentina, Canada, USA and Ireland confirms the company's commitment to project generation, market diversity, and building shareholder value.
On behalf of the board,
Gary Schellenberg, President"


Another gold junior still under radar screens of investment crowd. With this addition to the board its story in Mexico is getting more credibility. Junior mining investment cycle here is all over again.

June 25, 2009


Hermosillo, Mexico - Kootenay Gold Inc. ("Kootenay") (TSX Venture: KTN) is pleased to announce Brian Groves has joined the board of directors. Brian has worked in the mining and exploration industries for more than 29 years. A graduate of The University of Sydney, Australia, Brian began his career in exploration as a geophysicist in Australia. He has been involved with junior, mid-tier and major companies such as AMAX Minerals, Noranda and Placer Dome where he served for 12 years rising to the position of Manager of Corporate Development, Canada. Currently, Brian serves as CEO of Skygold Ventures (TSX Venture: SKV) where he guides development of a multi-million ounce gold resource.Brian Groves commented, "Having just completed a visit to Kootenay's Promontorio Silver/Gold Project, I am pleased with the results of the systematic exploration completed to date and based on these results, the potential to develop a large silver/gold ore body in Mexico. The trenching, mapping and modeling now underway will provide excellent targets for the next round of drilling at Promontorio. I feel confident my network of contacts, combined with my technical and corporate development experience will complement the Kootenay team."Brian Groves brings an impressive range of knowledge and experience to the board of directors", said Jim McDonald, CEO of Kootenay. "His integrity and commitment to excellence are attributes we welcome as we advance Promontorio." Kootenay has also issued an aggregate total of 1,065,000 incentive stock options exercisable for a period of five years at a price of $.65 per share to directors, officers, consultants and employees of the company.ABOUT KOOTENAY Kootenay is an emerging exploration Company actively developing mineral projects in British Columbia, Canada and the Sierra Madre Region of Mexico. The Company's top priority remains the ongoing development of its 100% owned Promontorio Silver project, which encompasses the former producing Promontorio Silver Mine in Northwest Mexico. -30-"

Lithium: Batteries rush is on - Mitsubishi Corp., MMC, GS Yuasa plan new lithium-ion battery plant TNR.v, SQM, ROC, F, TM, TTM, BYD, DAI, NSANY, GOOG,

After Nissan billion dollar move into Lithium batteries and Electric cars now Mitsubishi is rushing into the green field. As we have noted East is more aggressive then West attempts in the filed of our Next Big Thing. They have money, higher oil prices as incentive and more developed technology. Western world will have to move fast to secure technology and Lithium and REE supply not to miss the Next Industrial revolution.

"TOKYO, Jun 24, 2009 (The Yomiuri Shimbun - McClatchy-Tribune Information Services via COMTEX) -- Mitsubishi Corp., a major trading house, Mitsubishi Motors Corp. and GS Yuasa Corp. will jointly build a new manufacturing plant for large-size lithium-ion batteries for use in electric vehicles, The Yomiuri Shimbun learned Wednesday.

Construction of the plant is expected to start as early as autumn with 2011 targeted for its operational startup.
The joint project, which calls for a total investment of more than 10 billion, comes in response to MMC's future plan to increase production of its electric vehicle, the i-MiEV, which will be launched in late July, industry sources said.
Lithium-ion batteries to be produced at the planned plant will also be supplied to other domestic and foreign carmakers.
Lithium-ion batteries serve as the "heart" of electric vehicles and demand for them is expected to soar in view of global concerns about eco-friendly energy sources. The three firms want to lead the world in this field.
The envisioned plant will have a production capacity of batteries for more than 10,000 electric vehicles
a year. Their existing lithium-ion battery producing plant in Shiga Prefecture has a capacity to supply batteries for 2,000 vehicles a year.
Given MMC's plan to boost the production volume of i-MiEVs to more than 15,000 units a year in its 2011 business year, the companies concluded that it was necessary to construct the new plant.
The construction site of the new plant will be chosen from among candidates in the Kansai region and in the vicinity of MMC's manufacturing plant for i-MiEVs in Okayama Prefecture.
Most of the lithium-ion batteries to be produced at the new plant will be supplied to MMC. The rest will be sold to other carmakers. Foreign carmakers have already inquired about securing supplies, the sources said.
Other carmarkers are also planning to manufacture electric vehicles.
Fuji Heavy Industries Ltd. will start marketing in July its Subaru Plug-in Stella electric vehicle, which is also equipped with a lithium-ion battery, while Nissan Motors Co. plans to sell electric vehicles both in Japan and the United States in its 2010 business year.
Chrysler, General Motors and German automaker Daimler A.G. are seeking to join the electric vehicle market in 2010-11."

Lithium and REE: Car Sharing Goes Electric TNR.v, SQM, ROC, NSANY, DAI, BYD, TTM, TM, F, GOOG, AAPL, RIMM, GOOG, AVL.to, RES.v, WLC.v, RM.v, HUI, XAU,

Our Next Big Thing is testing grounds: first in the fleets and then mass production will come. Economics and driving range are already here:
" The Maya 300 is a compact sedan with a range of 60 miles from the 12 kilowatt-hour battery. An optional 27 kilowatt-hour pack doubles the range. The battery recharges in 6 to 8 hours when plugged into a 110-volt line and needs half that time when plugged into a 220. Electrovaya says driving 50 miles will cost a dollar."
Technology must be tested and cost to come down with mass production cycle. From recent news we can say that East is more aggressive in its move into Electric Cars rim, with west still lacking technology in its mass market applications.
"Electrovaya (TSX:EFL) is a world leader in the design, development and manufacture of its proprietary Lithium Ion SuperPolymer® battery systems. Electrovaya's mission is to accelerate clean transportation as a commercial reality with its advanced power systems for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. Electrovaya also offers battery-related consumer products primarily focused on the healthcare market."
Baltimore has rolled out an electric car sharing program featuring 10 small city cars that deliver as much as 120 miles per charge, and the people behind the program hope to see it catch on in other cities.
Battery maker Electrovaya is providing its Maya 300 for rent through the Maryland Science Center in the city’s Inner Harbor district. City residents and tourists can tool around in four-door hatchbacks available online at AltCar.org for as little as $7.50 an hour. Although Electrovaya isn’t tryting to squeeze into ZipCar’s market, the head of the science center said there’s no reason the program couldn’t be launched elsewhere.
“Baltimore is first, but this is a model other cities could copy,” Vin Reiner, president and CEO of the science center, said Wednesday. “There are several cities that would benefit from an electric car share program.”
The Maya 300 is powered by a lithium-ion polymer battery built by Electrovaya with help from a company that might surprise you.
ExxonMobil developed the battery separator film used in the battery pack. The company says the film increases the power, stability and safety of lithium ion batteries. ExxonMobil also contributed $500,000 to launch the car share program.
The Maya 300 is a compact sedan with a range of 60 miles from the 12 kilowatt-hour battery. An optional 27 kilowatt-hour pack doubles the range. The battery recharges in 6 to 8 hours when plugged into a 110-volt line and needs half that time when plugged into a 220. Electrovaya says driving 50 miles will cost a dollar.
Sankar Das Gupta, CEO of Electrovaya, said the Maya 300 features the amenities you’d expect in a conventional car. It weighs about 2,000 pounds, has a 15 kilowatt (20 horsepower) permanent magnet motor and is limited to a top speed of 35 mph because it is classified as a neighborhood electric car. That isn’t much, but Reiner said it’s sufficient for city driving.
“It’s not possible to go much more than 35 mph in Baltimore,” he said.
Electrovaya and the science center announced the program Tuesday, but the cars won’t be available to the public until Aug. 1. Signing up requires a $25 application fee to pay for the background check and a $50 membership fee.
Gupta said the Maya 300 is perfect for city dwellers and the car share program is a great way to expose people to a “game-changer” in urban transportation. Although most of the major automakers are developing electric cars using lithium-ion batteries, he said the Maya 300 “is a normal lithium-ion car you can buy today.”
Well, sort of. The car is available only to fleets. Gupta said fleet use is a great proving ground for the technology and can lead to further improvements, and selling to fleets provides the volume needed to bring costs down. Electrovaya is working on a vehicle capable of freeway speeds. Gupta said it will be based on the Maya 300 and “I would really like to have it out this calendar year.”
That car also will be available only to fleets, and there are no immediate plans to make any of the vehicles available to the public."

Wednesday, June 24, 2009

Roxmark discovers high-grade gold in new structures at Northern Empire Mine Property. RMK.v, PG.to, CDNX, TSX, HUI, XAU

It looks like finally we are having break out upside from our Cup and Handle formation on Roxmark Mines RMK.v as well. In our Canada Gold M&A play we have another incentive for Premier Gold PG.to to take this company out:

"TORONTO, June 24 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today announced that a trenching program on one of two newly delineated structures on the Northern Empire Gold Mine property has discovered gold content of up to 36.40 g/t in channel samples assayed to date.
The new structures, parallel to the Power and Contact Zones, were outlined in a 2008 High-Resolution Aeromagnetic (HRAM) airborne geophysical survey.
So far, the zone of the main structure has been stripped for 500 metres of the 1.50 kilometres of indicated strike length. Trenches are being mapped and channel sampled for assaying. The exposed zone, comprised of three distinct veins, is up to 10 metres wide and contains highly mineralized, disseminated arsenopyrite, pyrite and chalcopyrite. It lies 240 metres south of and parallel to the NI 43-101 resource outlined in a report dated 2007 and updated in November 2008. Roxmark has filed on SEDAR the Technical Qualifying Report for the Northern Empire Gold Mine, in accordance with NI 43-101 regulations.
A diamond drilling program of up to 5,000 metres will be undertaken beginning in August, following completion of the trenching and sampling of the two structures.
Selected highlights of the current sampling program are detailed below.

Peter Bevan, P. Eng., consulting geologist, is the Qualified Person for the information contained in this news release and is a Qualified Person within the meaning of National Instrument 43-101. Assay results are from samples sent to Activation Laboratories, an accredited mineral analysis laboratory in Thunder Bay, Ontario, for preparation and analysis utilizing both fire assay and screen metallic methods.
The Northern Empire Mine is located in the Town of Beardmore, approximately 200 km northeast of Thunder Bay and serviced by the Trans-Canada Highway and was operated successfully by Newmont Mines from 1934 to 1941. The mine was serviced by a shaft to a depth of 2,460 feet and produced 149,000 ounces of gold from 426,000 tons of ore at a recovered grade of 0.35 oz/t Au. The on-site 200TPD mill (expandable to 500TPD) was built in 1982 and upgraded and permitted by Roxmark.
"These are early results, but we are pleased with both the quality and location of this new gold bearing structure," said Monir Younan, Roxmark President. "Proximity to established resources could be a distinct advantage in our development planning for the Northern Empire Mine."
"We will be very interested to see results from the other new structure, which lies a further 200 metres to the south," Younan added.
About Roxmark Mines
Roxmark Mines Limited is the leader in gold and molybdenum exploration and development in the historically significant Geraldton-Beardmore area of Northwest Ontario. In addition to the Hardrock Project in the Geraldton Camp, Roxmark is pursuing a number of initiatives in the Beardmore Camp, including re-opening the Northern Empire Mine and its onsite mill and expanding the resource base at the Leitch-Sand River Mine. In recent years, Roxmark has generated cash flow from bulk-sampled gold and molybdenum processed at its fully-permitted mill and has the advantage of infrastructure from nine formerly highly productive gold mines located on its properties. These mines previously produced nearly four million ounces of gold from high-grade ore but were closed primarily due to boundary issues and dramatically lower gold prices at the time.
Further information is available on the Company's website at http://us.lrd.yahoo.com/_ylt=Avr3JJ7FVGqW2p1Y8MVOkuyvcq9_/SIG=10s2kv6o6/**http%3A//www.roxmark.com/ and on SEDAR under the Company's profile at http://us.lrd.yahoo.com/_ylt=Av8SxLrALlYFzLikHlQ_URKvcq9_/SIG=10q41mvbm/**http%3A//www.sedar.com/."

Gold: Daily Bullish Reversal in the making. RMK.v, TNR.v, CGH.to, SNU.v, SGC.v, ASM.v, RVM.to, EPZ.v, BTT.v, GBN.v, FST.v, HUI, XAU, GDX, KTN.v, VTR.v

Fed is playing a very fine game: ultimate aim is to reinflate economy with orderly US Dollar debasement. Have you noticed that market came under pressure after all recent reports on green shoots to be too early and particularly after World Bank statement. As usual we have a coincidence of Treasury auctions this week to the magnitude of 140 billion dollars in one week. This game of green shots and cold water on them is very dangerous and Gold indicating its own battle around line in the sand of MA50 at 925.89. We have all in place for a rally in Gold: momentum indicators at previous buy levels, strong bullish white hammer yesterday. Who will win the battle this time? Maybe those banks and Hedge funds, who took huge positions in call options on Gold and was recently shaking the tree before major move in Gold. US Dollar will lead the way as usual.

Monday, June 22, 2009

Lithium: Cube Mobile Device - Nissan is putting billions in our Next Big Thing. TNR.v. SQM, ROC, DAI, NSANY, BYD, TTM, TM, F, GOOG, AAPL, RIMM, HUI,

Will this Cube - Mobile Device become Electric? Our Next Big Thing is closer to mass market with every advertisement compaign and every plant build.

Nissan to make electric cars in U.S.: report

"(Reuters) - Nissan Motor Co plans to launch production of electric vehicles and their batteries in the United States to tap low-interest loans for green vehicles, the Nikkei business daily said.
The overall investment is estimated at 50 billion yen ($516.4 million) and may rise to 100 billion yen, it said.
Under the plan, the new electric-car assembly lines are to be built at a plant in Smyrna, Tennessee, where Nissan North America Inc is based, the paper said.
The facility, capable of making 50,000 to 100,000 eco-friendly vehicles a year by 2012, is expected to first produce a small passenger car, it said.
Nissan also intends to construct a production facility for high-capacity lithium ion batteries at the Smyrna site with NEC Corp.
The company has applied for funding from the U.S. government under a low-interest-loan program to support the automobile industry.
Nissan will soon receive approval for a loan of more than 100 billion yen, the paper said, citing a source familiar with the matter.
Nissan intends to assemble up to 50,000 electric cars a year in Japan starting in fall 2010, the paper said.
($1=96.83 Yen)
(Reporting by Jennifer Robin Raj in Bangalore; Editing by Gopakumar Warrier)"

Robert McEwen on Gold, Juniors and Los Azules: Minera Andes AGM videos. MAI.to, TNR.v, RMK.v, CGH.to, SNU.v, SGC.v, ASM.v,

Mr Gold Corp. - Robert McEwen now owns 37% of Minera Andes and became its interim President and CEO. We better listen to him about US Dollar, Gold, Argentina and Los Azules. The fine gentleman of his scale will put this huge deposit first on the investors' radar screens and then into production. How will he deal with TNR Gold claims? Xstrata has chosen to bully junior and TNR Gold was quick to response with a lawsuit: it is a disrespectful exception in junior exploration rim - you squeeze one junior today and nobody will go into deal with you again. Why it is important? You know about our Junior Mining Economics - now, please, listen to Golden Rob himself.

This is the Mr Gold Corp. - pay attention in part 3 to his attitude to investment and management and our Junior Mining Economics in action. FIAT currencies debasement explained, action of Gold and Gold miners during economic cycles. History of Minera Andes and Gold in Argentina.
TNR Gold TNR.v has now a very strong partner in Los Azules:

Following videos are Presentation of Minera Andes and Los Azules by now former CEO Mr Allen Ambrose: we have wrote before about Los Azules, this move by Rob McEwen, TNR Gold and Xstrata. Nothing has pointed to that decision at AGM.

Now we can get a sense of Mr Schellenberg and TNR Gold devotion for Los Azules, more on legal situation is here:

1. Los Azules is an extension of Chilean Copper belt into Argentina.

2. Xstrata is among five largest copper producers and very active in Argentina. "We have the expression that they are pretty exited with Los Azules".

3. Xstrata will have the right to back in for 51% by 29th of August 2009.

4. Deposit is open at depth, west and east. Several holes ended in 1% copper. East expansion is limited by topography - now we have explanation why engineers have put mining facilities into part of Escorpio IV, which is claimed by TNR Gold to be its property. Extension to the north could be very substantial: target is open for another 3 km (with LA being 3.7 km at present).

5. NPV of Los Azules with copper at 1.9USD/lb is 500 million USD, with copper 2.1USD/lb - 1 billion USD and with copper price at 3USD/lb - at 4 billion USD.

6. Number of copper producers has approached Minera Andes already on Los Azules.

7. 24 year mine life, production cost 0.85USD/lb of copper.

8. Global scale: Los Azules is larger then 83% of other deposits in the world, being in production will put it into top 20 producers.

Now we have the feeling, that this winter will be hot in Argentina for TNR Gold, Xstrata and Minera Andes.

Part 4.

Part 5.

Part 6.

Sunday, June 21, 2009

US Dollar Collapse: Transit Japan - Italy - Switzerland: Suitcase With $134 Billion Puts Dollar on Edge RMK.v, TNR.v, CGH.to, SNU.v, SGC.v, ASM.v,

If Bonds are genuine, buy Euro - Italy will cure its problems with 40% windfall into the budget: 54 billion will be a nice cut. It is a joke - as US Dollar itself.
Will you be surprised to find a total mess at FED and Treasury, if Ron Paul's audit ever allowed? Are you surprised that FED is not part of the US Government, but private corporation? The key word here is counterfeit: you can not counterfeit Gold or Silver - we are at the turning point for US Dollar this summer, what is worthless will be worthless and what is real will be real.

"Suitcase With $134 Billion Puts Dollar on Edge: William Pesek

Commentary by William Pesek
June 17 (Bloomberg) -- It’s a plot better suited for a John Le Carre novel.
Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.
Are these would-be smugglers agents of Kim Jong Il stashing North Korea’s cash in a Swiss vault? Bagmen for Nigerian Internet scammers? Was the money meant for terrorists looking to buy nuclear warheads? Is Japan dumping its dollars secretly? Are the bonds real or counterfeit?
The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.
The trillions of dollars of debt the U.S. will issue in the next couple of years needs buyers. Attracting them will require making sure that existing ones aren’t losing faith in the U.S.’s ability to control the dollar.
The dollar is, for better or worse, the core of our world economy and it’s best to keep it stable. News that’s more fitting for international spy novels than the financial pages won’t help that effort. It is incumbent upon the U.S. Treasury to get to the bottom of this tale and keep markets informed.
GDP Carriers
Think about it: These two guys were carrying the gross domestic product of New Zealand or enough for three Beijing Olympics. If economies were for sale, the men could buy Slovakia and Croatia and have plenty left over for Mongolia or Cambodia. Yes, they could have built vacation homes amidst Genghis Khan’s Gobi Desert or the famed Temples of Angkor. Bernard Madoff who?
These men carrying bonds concealed in the bottom of their luggage also would be the fourth-largest U.S. creditors. It makes you wonder if some of the time Treasury Secretary Timothy Geithner spends keeping the Chinese and Japanese invested in dollars should be devoted to well-financed men crossing the Italian-Swiss border.
This tale has gotten little attention in markets, perhaps because of the absurdity of our times. The last year has been a decidedly disorienting one for capitalists who once knew up from down, red from black and risk from reward. It almost fits with the surreal nature of today that a couple of travelers have more U.S. debt than Brazil in a suitcase and, well, that’s life.
Clancy Bestseller
You can almost picture Tom Clancy sitting in his study thinking: “Damn! Why didn’t I think of this yarn and novelize it years ago?” He could have sprinkled in a Chinese angle, a pinch of Russian intrigue, a dose of Pyongyang and a bit of Taiwan-Strait tension into the mix. Presto, a sure bestseller.
Daniel Craig may be thinking this is a great story on which to base the next James Bond flick. Perhaps Don Johnson could buy the rights to this tale. In 2002, the “Miami Vice” star was stopped by German customs officers as he was traveling in a car carrying credit notes and other securities worth as much as $8 billion. Now he could claim it was all, uh, research.
When I first heard of the $134 billion story, I was tempted to glance at my calendar to make sure it didn’t read April 1.
Let’s assume for a moment that these U.S. bonds are real. That would make a mockery of Japanese Finance Minister Kaoru Yosano’s “absolutely unshakable” confidence in the credibility of the U.S. dollar. Yosano would have some explaining to do about Japan’s $686 billion of U.S. debt if more of these suitcase capers come to light.
‘Kennedy Bonds’
Counterfeit $100 bills are one thing; two guys with undeclared bonds including 249 certificates worth $500 million and 10 “Kennedy bonds” of $1 billion each is quite another.
The bust could be a boon for Italy. If the securities are found to be genuine, the smugglers could be fined 40 percent of the total value for attempting to take them out of the country. Not a bad payday for a government grappling with a widening budget deficit and rebuilding the town of L’Aquila, which was destroyed by an earthquake in April.
It would be terrible news for the White House. Other than the U.S., China or Japan, no other nation could theoretically move those amounts. In the absence of clear explanations coming from the Treasury, conspiracy theories are filling the void.
On his blog, the Market Ticker, Karl Denninger wonders if the Treasury “has been surreptitiously issuing bonds to, say, Japan, as a means of financing deficits that someone didn’t want reported over the last, oh, say 10 or 20 years.” Adds Denninger: “Let’s hope we get those answers, and this isn’t one of those ‘funny things’ that just disappears into the night.”
This is still a story with far more questions than answers. It’s odd, though, that it’s not garnering more media attention. Interest is likely to grow. The last thing Geithner and Federal Reserve Chairman Ben Bernanke need right now is tens of billions more of U.S. bonds -- or even high-quality fake ones -- suddenly popping up around the globe.
(William Pesek is a Bloomberg News columnist. The opinions expressed are his own.)
To contact the writer of this column: William Pesek in Tokyo at wpesek@bloomberg.net2