TNR Gold And McEwen Mining: Los Azules Copper M&A - Lumina Copper Hits 52 Weeks High $TNR.v $MUX $ABX $GDX

TNR Gold: Los Azules Copper - Barrick Seeks To Restart Pascua Lama And McEwen Mining AGM. $TNR.v $MUX $LCC.v $GDX

 "As you remember, Los Azules Copper project is located in San Juan province in Argentina. Barrick Gold's Huge Pascua Lama project is located in the same province on the Boarder of Argentina and Chile. This ongoing development will be very positive for Argentina mining and Los Azules Copper project, providing the catalyst to TNR Gold and McEwen Mining."

Slides from McEwen Mining presentations.

Kirill Klip.:

Hot Winter In Argentina: Copper M&A, TNR Gold Los Azules - Lumina Copper Hits 52 Weeks High

  It looks like we can have finally Hot Copper M&A winter in Argentina! Lumina Copper hit 52 week high at CAD7.47 yesterday rising from the recent Low by the end of March at CAD4.60. Please do not get too exited and rush with any decisions here. Yesterday's breakout was on a low volume, but volume was rising in the last few weeks. 

  It is important to remind you that you should carefully study my legal disclaimer and in NO way treat any information provided here as an investment advice or any facilitation for any action. Always do your own Due Diligence and consult with your personal financial adviser. Manipulations are rampant in the junior mining. I am not only following all BCSC and TSX Exchange Communication Policy Rules and Guidance, but strongly against any fraud and manipulation in the markets personally and you can support me by reading and sharing my posts. I put my money where my mouth is - I live, breath and go to sleep with my companies business in mind - and I can be deadly wrong:

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

"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. Read more."

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

"Now you can understand why we can't talk about a lot of technical details in such a great project like Los Azules Copper. McEwen Mining is the Operator of this project and we have our Back-In right, but our technical 43-101 qualified person was not able to check all the relevant information first hand. We rely on all information provided by McEwen Mining within 43-101 Rules. These are the tricks we have to be in compliance with. And there is no problem with it. Rob McEwen has done a great job developing the project into what he calls "One Of The Largest Copper Deposits In The World" and today you can participate in McEwen Mining Conference Call and find a lot of information on McEwen Mining website.  I have already discussed Los Azules Copper Back-In Right here and I would recommend to contact Jim Mustard VP at PI Financial to get more information about Los Azules Copper project and our Back-In Right Asset. Read more."

  The winter is coming, but investors' hearts are warming up to the best Argentina's mining stories. I will not jump here to any conclusions: whether this action is ignited byBarrick Gold's Pascua Lama developments or particular news coming with Lumina Copper. Taca Taca copper project is for sale and somebody is buying shares now. Let's wait for the official news from the company. 

  In any case this development is very encouraging for all of us involved in mining in Argentina and proud hard working people living there deserve much better economic progress. Maybe we are witnessing the beginning of such change. Political risk perception yesterday can be translated in the value catalyst tomorrow. It will be very positive for our International Lithium Mariana Lithium Brine project development with Ganfeng Lithium now as well.

  Is my Tenke Fungurume experience in DRC with Lukas Lundin coming here back for Los Azules in Argentina? We will see very soon, hopefully. He has taught me that governments come and go, that political situation and its perception can change on a dime for better or worse, but you cannot "print", QE or find new world class copper projects overnight. We have seen the bad all together already, I am very encouraged that the mining cycle is turning now.

China Is In The Hunt For Copper: Guangdong Rising Bids $1 bln For Copper Miner PanAust

  "Now we can together appreciate a little bit more M&A market observations I have shared with you couple of days ago:

"... the rumours of collapse in China are greatly exaggerated in the West, to the benefit of ... China. China buys record amount of Gold as well as Copper projects all over the world like Las Bambas and looking at others using the "soft market environment". 

  China continues its buying spree of copper assets all over the Globe: last month the huge Las Bambas copper project in Peru was bought by Minmetals Group for $5.85 B and now Guandong is bidding for PanAust. Reuters reports on the deal and you can notice how the activity in M&A by Chinese companies is picking up during the "soft market". It is the very important indication of the major bottom in the mining cycle: it is cheaper "to dig" for Copper and Gold on the Stock Exchanges now, when valuations of assets in the ground of listed companies are discounted by the depressed mining markets.  Read more."

  Any excitement and emotions are nothing in the cruel investment world before investors will start to vote with their money. In any case this development will put Argentina copper projects back onto the industry and investors radar screens.

  Please, do not translate this particular story into any other companies' prospects - all projects are different. If you are interested in Los Azules Copper give us a call and study TNR Gold website -  I am here to talk to you.

TNR Gold: Los Azules Copper Project In Argentina - Barrick Gold Seeks To Restart Pascua Lama.

  "As you remember, Los Azules Copper project is located in San Juan province in Argentina. Barrick Gold's Huge Pascua Lama project is located in the same province on the boarder of Argentina and Chile. This ongoing development will be very positive for Argentina mining and Los Azules Copper project, providing the potential catalyst to TNR Gold.

"Copper M&A, Mining In Argentina And TNR Gold's Los Azules Copper Back-In Right. 
Particularly important for Los Azules Copper Project are the efforts by the government of Argentina "to overturn Barrick Gold's Pascua Lama freeze in Chile." Both projects are located in the same San Juan province in Argentina which is considered to be one of the most mining friendly in the country.  You can find more about our Los Azules Back-In Right in the presentation below and you can always contact us to discuss it."

"The sale of our Back-in Right will provide the necessary liquidity and catalyst to all of our group of companies. Rob McEwen has done a great job as Operator developing this project and now Los Azules is at the top of the list of the best copper projects in the world available for sale, according to PI Financial! I would recommend to contact Jim Mustard VP at PI Financial to get more information about Los Azules Copper project and our Back-In Right Asset."

TNR Gold Investor Presentation March 2014 from Kirill Klip

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.

James Rickards On Gold, Its Manipulation And 'Ugly' Financial Crisis to Jolt US Within 5 Years TNR.v MUX GDX GLD ABX NG

  

  Jame Rickards gives his master class on our favourite topics. It is the best interview with James Rickards we have seen so far! Crispy clear on all topics: FED, Money printing, Financial Collapse, Wall Street, Gold and its manipulation. JP Morgan and Jamie Dimon takes a special attention it definitely deserves ... Donate your tweets and share for the good cause, please.

The Gold Cartel Crackdown: FSA Fines Barclays For Manipulation Of Gold Price $TNR.v $MUX $ABX $GDX $GLD

  "Manipulation cannot lasts forever even if the very powerful forces are behind it. You already know that we are not talking here just about one trader, one bank or even one country. We are talking here about The Gold Cartel: FED, BIS, Western Central Banks and highest levels of power involved in this masquerade."

Kirill Klip.:

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

 "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."

Money News:

James Rickards to Newsmax TV: 'Ugly' Financial Crisis to Jolt US Within 5 Years

By Dan Weil

A financial catastrophe worse than that of 2008 will hit us within five years, says James Rickards, best-selling author and senior managing director at Tangent Capital Partners.

"The meltdown in 2008 was not a meltdown. It was sort of a half-meltdown," he told Dennis Kneale of Newsmax TV in an exclusive interview.

While Lehman Brothers was the only major financial institution to completely collapse, others were close to it, said Rickards, author of "The Death of Money: The Coming Collapse of the International Monetary System."

Watch our exclusive video. Story continues below.

But the Federal Reserve stepped in to prevent financial firms from going under. As a result, "the Fed truncated" the avalanche, he explained.


"Think of it as a bunch of dominoes falling. All the dominoes are going to fall, but if I drop a steel curtain between two dominoes, that's going to stop. That's what the Fed did."

Rickards believes "things should have been allowed to crash" in 2008. "All the banks should have been nationalized by the government, the stocks should have been wiped out, the bondholders should have taken a haircut and the clean banks should have been re-IPOed," he argued.

"That's hope and faith in the American people and entrepreneurship. That's what I advocate. The government doesn't believe in itself. So when you start to go down, but instead of hitting bottom, you truncate it and guess what, you're flat-lining forever," he asserted.

But the Fed's tactics didn't change the dynamics, Rickards maintained, as bad debt and leverage haven't gone away. "That's all still there. Except now, it's worse, because in 2008, what did we hear about? 'Too big to fail,' right? Well guess what, the five biggest banks in America today are bigger than they were in 2008," he insisted.

"So everything about '08 that was too big to fail is bigger today. Those dominoes are still waiting."

Meanwhile, the Fed has printed $4 trillion during the last six years. "So, they've got no more drive power," Rickards contended. Liquidity crises arise every five years, he said. "So what's going to happen when the next liquidity crisis comes?"

It won't be pretty. "The next time it happens, it's going to be bigger than the Fed, that's why they're not going to be able to stop it," he predicted. The fact that the financial system is bigger than in 2008 will make this crisis worse, Rickards added.

"The depression of 1920 was as sharp and as hard as what happened in 1929 and 2008. But the government let it go and guess what? It was over in 18 months and we had 10 years of prosperity and Roaring Twenties," he said.

"But that actually is a very healthy process. But because we haven't allowed the system to heal in all these other crises, the next one is going to be so big that the outcome is likely to be money riots and social discord and then you'll see a neo-fascist response."

Rickards compared today's economy to the San Andreas Fault, because "underneath these forces are building up."

"We're in a depression — not a recession — a depression."

He warned that the deflationary forces from the depression and the inflationary forces from policy are pressing against each other.

"They're fighting each other to a standstill, but that's going to snap, that's exactly like two tectonic plates crashing into each other," Rickards declared. "It's going to be ugly for investors, it's just a matter of time."

As for the timing of the crash, "it could come tomorrow," he said. "I'm not predicting tomorrow, but three years seems like a long time for this, five years definitely a long time."

So what will cause the collapse?

"The correct answer, the scientific answer is it doesn't matter, and what I mean by that is, it's like the snowflake in the avalanche," Rickards explained.

"The snow's building up and it's building up, and you're looking at it. An expert can say, hey, it's unstable, it's going to fall down. So here comes a snowflake, it disturbs a few other snowflakes, it starts to slide, it starts to shoot, gains momentum and the whole thing comes tumbling down."

And what might be the first snowflake to move?

"It could be a failure to deliver physical gold," Rickards suggested. "Physical gold is disappearing, there's a mountain of paper gold. . . . So a failure to deliver could cause panic buying of gold."

Other possibilities include "an IMF-global type of failure, a prominent suicide, a natural disaster such as Fukushima," he said, referring to the March 2011 Japanese nuclear accident. "It could be a lot of things. . . . What's important is the rock that's already in the system."

For investors seeking to cope with the crisis, Rickards recommended a 10 to 20 percent exposure to gold — "10 percent for the conservative investor, 20 percent for the aggressive investor."

Meanwhile, corporations have record amounts of cash on their balance sheets. "That wealth is highly concentrated in a relatively small number of companies," he stated. "Apple, Google, IBM … they've all got records amounts of cash."

But why do they have that cash? "This is what the IMF calls precautionary savings," he explained. The companies "build up the cash so when the next panic comes — and it will be coming — they know that they'll have to fund themselves internally for six months because the commercial paper market will go. So it's not a source of strength," he noted.

"They're not going to spend that cash or use that cash, they're holding it. . . . They're holding it because they're scared to death of liquidity evaporating. But it's not going to stop this global meltdown because that's much bigger than these corporations."

Rickards also warned that the United States isn't doing enough to thwart the "financial warfare going on behind the scenes, some of it obvious, some of it behind the scenes."

He believes the "greatest single threat" to the nation is "cyber financial warfare, the combination of a financial attack done in cyberspace."

"Everything the United States is doing is making the situation worse. China's on the attack, Russia's on the attack, Saudi Arabia will soon be on the attack," he stressed.

When it comes to the banking system, "we should break up the big banks. JPMorgan should be five separate banks. That way one of them goes down, too bad, but it didn't take down the system," Rickards claimed.

"We're actually enabling the banks to get bigger, we don't understand the fiscal properties at risk. Everything about what the U.S. is doing from a policy perspective is moving in the wrong direction."

The Gold Cartel Crackdown: FSA Fines Barclays For Manipulation Of Gold Price $TNR.v $MUX $ABX $GDX $GLD

  

  Manipulation cannot lasts forever even if the very powerful forces are behind it. You already know that we are not talking here just about one trader, one bank or even one country. We are talking here about The Gold Cartel: FED, BIS, Western Central Banks and highest levels of power involved in this masquerade.

Kirill Klip.:

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:

  "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." 

  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? We doubt it here, but it is the very good start and Naked Short Selling could be the very good follow up:

Kirill Klip.:

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."

ZeroHedge:

Barclays Fined For Manipulating Price Of Gold For A Decade; Sending "Bursts" Of Sell Orders

"It was almost inevitable: a week after we wrote "From Rothschild To Koch Industries: Meet The People Who "Fix" The Price Of Gold" and days after "Barclays' Head Of Gold Trading, And Gold "Fixer", Is Leaving The Bank", earlier today the UK Financial Conduct Authority finally formalized what most in the "tin-foil" hat community had known for years, when it announced that it fined Barclays £26 million for manipulating "the setting of the price of gold in order to avoid paying out on a client order." Furthermore, the FCA confirmed that those inexplicable gold raids which come as if out of nowhere, and slam gold with a vicious force so strong sometime they halt the entire market, had a very specific source:Barclays, whose trader "Daniel James Plunkett, sent out a burst of orders aimed at moving the price of the yellow metal." Read more"

Kirill Klip.: Elon Musk To Occupy Mars, But First UK With Tesla Model S And Superchargers. $ILC.v $TNR.v $TSLA $LIT

   Kirill Klip provides interesting view on the recent developments in UK, which seems to be wakening up with its new plan to invest $850 million in Electric Cars. Tesla is moving forward with the first Tesla Model S deliveries and Superchargers and BMW i8 and BMW i3 are fighting for the hearts and wallets now.

Kirill Klip.:

Elon Musk To Occupy Mars, But First UK With Tesla Model S And Superchargers.

  

The Sunday Times.

  "Finally, our Island is getting the proper attention from Elon Musk! On his mission To Occupy Mars he has made the small diversion to save the humanity from suffocating. UK is just destined to be the Electric Cars Capital of the world. Distances are not so vast, population is quite wealthy to be concerned about the green issues and Britain was always famous for its love to technology and innovation. We were just lacking the good electric cars. G-Wiz parked at the Berkeley Square apposite the Bentley Shop was always the testament to the Green Enthusiasm, but it was hardly any improvement in our driving experience. 

  Nissan Leaf has introduced "the affordable electric mobility" for early adopters and now "Vacuum Cleaners on Wheels" crowd will be seriously jealous with every passing Tesla Model S (Sorry all Pioneers!).  Elon Musk promised that you can cross UK in Tesla Model S with just single recharge 20 minutes stop at one of his Superchargers. Finally, we can talk about Electric Cars coming to UK which are "Like Normal ICE Car, but Better"!   "News: Tesla Supercharger Highway Powers Up Electric Cars In The UK.":

"STATIONS THAT can charge Tesla electric cars in 20 minutes — far quicker than most owners of electric cars are used to — are being installed on Britain’s motorways by the billionaire entrepreneur Elon Musk.

The first supercharging stations are due to be unveiled within weeks by Musk, who is advising the government on electric car technology. Ministers hope his electric superhighway will transform the way drivers view electric cars, and energise their sales. The Sunday Times."

  

  This toy will not be for every one, but it will turn heads and show to everybody that Lithium Technology for Electric Cars is here. Now CITY boys, footballers wives and Harrods clients will play with different colours for Tesla Model S to amuse the crowd.  And it is very good - every Tesla Electric Car will be the best advertisement that we can stop drive the last century technology using "Controlled Explosions Of Extract From Dinosaurs Poop" under the hood and it will be not necessary any more to send our daughters and sons to liberate Oil in the future.

  We need just the mass market for Electric cars now. Tesla Gigafactory as Elon Musk promises us, will make it possible with the increased volume of Lithium Batteries production that technology and safety can be improved. Elon Musk talks about 400 miles  range for Tesla Model S and X and $35k price tag for Tesla Model E with 200 miles range now! "Tesla Battery Gigafactory, Lithium materials Industry and Lithium Miners":

 "We live in the exciting times during Electric Cars rEvolution. Tesla’s plans to build Lithium battery Gigafactory have ignited interest to all our industry. They have received further confirmation now with the announcement that  Panasonic has signed the letter of intent to participate in the project. Elon Musk has announced that Gigafactory Site Will Break Ground next month.

  Due to the unique specific chemical qualities Lithium based chemistry for the batteries has become the automakers’ industry standard for their Electric Cars. Decades of research and billions of dollars invested in Lithium Technology have made it possible now. Tesla will invest 5 B in the Gigafactory and there are recent reports projecting the Lithium Battery growth into 26 B industry within next decade.  Goldman Sachs estimates that Gigafactory will potentially consume 17% of the current Lithium supply. Add to it Nissan and its partner Renault, BMW, Mercedes, VW Group, GM, BYD, KANDI and other names from China, which we are going to hear more and more - you will get a picture of dramatic increase in Demand for High Purity Battery grade Lithium."

  We at International Lithium are making our part of heavy lifting our projects into development stage with our strategic partner Ganfeng Lithium. New supply of Lithium will make this Electric rEvolution happening for real. China provides the opportunity to make mass market fro Electric Cars reality within a few years time. Recent news from China and Elon Musk's plans to start production of Tesla Model S in 3-4 years are very encouraging.

"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." 

  You can visit our website to find more about International Lithium or give us a call to discuss our opportunities. Join the rEvolution and spread the news on Electric Cars and Share this blog if you like what I am doing here. Thank you!

  I will share these developments with the great crowd at Wentworth PGA Golf Tournament today as well. What can be suited better than Top Golfers and Top Electric Cars? BMW i8 and BMW i3 are on display here. You can follow my reports on my Twitter Feed. The future is here and UK goes Electric these days. Join the rEvolution!"

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.