Gregory Mannarino: Pump and Dump Wealth Transfer Coming Soon DIA SPY QQQ

  George Soros holds now 1.3 billion rolling Put on the market to protect his long positions. How long this levitation in the markets can continue? Nobody knows for sure, but this interview gives us a very good food for thought. Gregory expect the serious correction starting within next few weeks, when money after initial drop will be reallocated into Commodities, Gold and Silver. Big banks are already shorting the market and it will create the Pump and Dump Wealth Transfer again.

  So far market was playing along the Toby Connor's scenario: with general equities topping in the last move up into the late spring of this year, Commodities are breaking Up and Gold and Silver are going much higher. Silver is topping $22.00 level today and Gold is at $1,340. Interestingly enough ZeroHedge reports that:

Hedge Funds Most Short Into Latest All Time High Ramp Since September 2012

Ukraine, Syria And Global De-Dollarization: USD To Go Down And Gold Up TNR.v MUX RGLD GDX GLD ABX

"Ukraine will be the very bad example for these leaders: that you can come, make a few phone calls and even f**k the EU deciding who will lead the sovereign country next. The least they can do is to accelerate the De-Dollarization and call the bluff called the "food stamp recovery and Taper". US Dollar is levitating just above crucial 80.00 level, with all Taper hype and currency distractions in the emerging markets. Gold is breaking to the upside and any additional strain on the U.S. "recovery" can ignite the next leg down in US Dollar. China will be playing its own game getting ready to the global reset: accumulating record amount of Gold and encouraging its citizens to do the same."

Toby Connor: Dollar Breaks Down, Great Inflation to Push Gold And Silver Much Higher TNR.v MUX GDX GLD SLV

 "We are  following Toby Connor with his very interesting concept of The Great Inflation in 2014. Gold was in a breakout mood this week and finally has broken to the upside from $1270 level with intraday high on Friday at $1,322 and close at $1,319. We have now the massive short squeeze in action in Gold and Silver. Silver has broken to the upside as well on Friday closing at $21.51. Gold mining shares are making the very good progress as well.

  On the chart above you can see that Gold has crossed the very important level on daily chart and moved above its 200MA at $1,309. It will bring a lot of attention of traders and shorts will be running to the exit now. Mass media will be picking up the Gold story as well now. CNBC is talking about Gold and Miners already and Jim Cramer advises to watch GDX - Gold miners ETF. Next levels in Gold to watch is $1,360 and $1,420 to complete Double Bottom Reversal pattern on weekly chart.

  Silver had its massive breakout as well following the Gold footsteps this week. Next levels to watch here are $22.75 and $25 to confirm its Double Bottom Reversal pattern on weekly chart. The most important here that Silver has broken to the upside above its 200MA at $21.13 and closed above it at $21.49."

Rick Rule On Gold And Silver Markets, Miners And Silver Short Positions MUX TNR.v GDX RGLD SLV

 "Rick Rule gave a very interesting interview on Gold and Silver markets and, particularly, on Gold and Silver mining stocks. Learn from the pro about the investment landscape unfolding this year. Rick Rule was right on the money with his call on the bottom in junior miners last summer. Now he is talking about the Silver short positions being literally uncoverable with the inflow of 2 billion dollars. "The bear markets are the very authors of the Bull market. Recovery in the best Gold and Silver mining stocks will match the magnitude of the previous bear market decline."

  Companies like McEwen Mining, Royal Gold and Silver Wheaton have already demonstrated the explosive leverage to the rising Gold and Silver prices."

Rick Rule On Gold And Silver Markets, Miners And Silver Short Positions MUX TNR.v GDX RGLD SLV

  Rick Rule gave a very interesting interview on Gold and Silver markets and, particularly, on Gold and Silver mining stocks. Learn from the pro about the investment landscape unfolding this year. Rick Rule was right on the money with his call on the bottom in junior miners last summer. Now he is talking about the Silver short positions being literally uncoverable with the inflow of 2 billion dollars. "The bear markets are the very authors of the Bull market. Recovery in the best Gold and Silver mining stocks will match the magnitude of the previous bear market decline."

  Companies like McEwen Mining, Royal Gold and Silver Wheaton have already demonstrated the explosive leverage to the rising Gold and Silver prices.

Goldcorp: Argentina Issues Easing, Cerro Negro On Track For Mid-2014 Production GG MUX TNR.v ILC.v LCC.v

"Argentina is slowly coming to its senses with its relationship with the mining industry. The most important is not what we can read in the government proclamations, but the real progress on the ground. Goldcorp reports about its progress with Cerro Negro Gold-Silver mine in Argentina and that operating in the country is getting easier. FT reports that "Repsoil poised to sign $5bn compensation deal with Argentina." "...the settlement is also likely to provide a boost to Argentina, which is trying to rebuild its credibility with international investors ..."

  Companies on our watch list should enjoy the better valuations with the improved investment climate in Argentina. McEwen Mining has exploration properties in the area of Goldcorp's Cerro Negro Gold-Silver mine, operating J/V on the San Jose mine with Hochschild Mining in Santa Cruz and world class  Los Azules Copper project in San Juan. TNR Gold is involved with McEwen mining in Los Azules copper project with its back-in right and holds shares of McEwen mining. International Lithium is working on Mariana Lithium brine project in Salta with Ganfeng Lithium strategic partner from China. Lumina Copper is looking for a buyer on its Taca Taca copper project in Salta as well."

Adam Hamilton: Gold Stocks Breakout MUX TNR.v RGLD ABX GLD GDX SLV GG NG.to

 "Adam Hamilton is one of the best technicians in the sector and we like to follow his technical charts with relative Gold, Silver and mining stocks valuations. Gold stocks will be the major beneficiaries of the Gold and Silver ongoing massive short squeeze. The unfolding Gold Shortage will push the main question to the investors in Gold again: Where the Gold will come from in the future?"

Silver Wheaton SLW financing. SLW, SLV, TSX, HUI, XAU, GDX, SST.v

Very good, this is the solution to debt worries. It is a dilution for sure, but now all upside in Silver price will be shareholders' and company can sit out on cash flow volatility in the market. Bought deal means no short selling plays in the market. We would even prefer to see the new deal of acquiring Silver Stream to be announced in the near term. It will be a rocket again with silver close to 15USD.

Silver Wheaton to raise up to C$287,5m in bought deal financing


Published on 26th January 2009
Updated 1 hour 12 minutes ago
TORONTO (miningweekly.com) – Vancouver-based Silver Wheaton has entered an agreement with a syndicate of underwriters who will buy 31,25-million shares in the company, at C$8,00 apiece, on a bought deal basis.The financing will raise C$250-million, but this could increase to around $287,5-million in the underwriters exercise an option to buy another 4,68-million shares on the same terms.
Silver Wheaton buys silver from producers on a long-term basis, at predetermined prices, and then sells the metal at the current spot price.The company plans to use the money to repay a revolving debt facility and for “general corporate purposes”, it said, although president and CEO Peter Barnes hinted that the firm could be building an acquisition arsenal.The share sale “significantly de-leverages our balance sheet, and positions our company to take advantage of some of the high-quality acquisition opportunities that we expect to become available during 2009,” Barnes said in a statement.“Our focus going forward is to continue to grow the asset base in an accretive manner, by adding high quality silver streams from low-cost mines that are already in production."
The offering is scheduled to close on or about February 12.
2009 OUTLOOK REAFFIRMED
The company said on Monday that it still expects silver sales to be between 15-million and 17-million ounces in 2009, increasing to approximately 30-million ounces by 2013.
In the fourth quarter of 2008, silver production attributable to the company was in line with previous guidance, at around 3-million ounces.
However, silver sales during the quarter were only 2,7-million ounces, because the timing of shipments meant that some sales will only be accounted for in the first-quarter statements.
The firm expects to report total silver sales for 2008 of about 11,1-million ounces, at an estimated total cash cost of $3,94/oz of silver.
However, the company warned that expects to record a noncash writedown of its long-term investments of as much as $65-million in its fourth-quarter financial statements.
Silver Wheaton shares rose 0,71% on Monday, to C$8,53 a share by 16:19 in Toronto.
Editor: Liezel Hill

Silver Wheaton SLW - punished for being Silver and Leveraged.

Google GOOG Below 250 USD intraday! Dow plus 500 points Rally, Gold at 800!

Time when the prediction was made that Google could deep below 250 in a severe Bear market valuation passed in our memory as so distant and happy that it is almost not worth mentioning. But the call was done and was right on the money.

http://sufiy.blogspot.com/2008/07/google-goog-bear-case-contunued.html

Other observations could come into life with recent developments. Announcement about the new Head of Treasury fired the rally in the market. Yesterday all hope was lost: VIX made break up, DOW has violated Bearish Flag downwards and US Dollar almost broke up to upside. Today was the different story and first Gold start to rally and overtake very important resistances on the way to 800. HUI, GDX and all Goldies have followed in unison with gains up to 31% in Barrick Gold ABX. Is it a turning point? Very much could be: in DOW we have a Bullish Engulfing Reversal candle pattern, last capitulation could exhaust the market pretty much and they should do something over the week end to fix the situation with CITIGroup C. The most important is that gold rallied even with still rising US Dollar and maybe our endless battle with gravity is over. Goldies in HUI and GDX have formed very strong reversal and never retest the lows in recent sell off it could be very strong positive divergence from the general market which is in play again. So we can forget charting miserable destiny of financials in the DOW and concentrate back on our Bull in Gold, Silver and Commodities ones investors will come back to their common senses.

With the new guy in charge in Treasury we can expect understanding of the currency question and that the strong dollar will kill economy in Deflation spiral. Weak US Dollar is the medicine from this meltdown.

Shorts will be served Fried next week particularly in Gold and Silver and their producers Shares.

SSRI, SLW, AUY, GDX, SST.v, TNR.v, CZX.v, OK.v, BVG.v

Who will bailout US Dollar? LEH, MER, BAC, AIG, RGLD, SLW, SSRI, AUY, TNR.v, MTS.v

FED will cut rates: otherwise it is a "suicide option" for their friends: now it is apparent that domino bailout is in effect on the Wall Street. We still have room to go sharply down on fear metricks VOX, VXN, VIX.

Lehman Brothers LEH has filed for bankruptcy - FED did not protect it, Merrill Lynch MER is bought by Bank of America BAC for 50 billion, American International Group AIG is looking for 40 billion FED life support. Only chosen few will be saved - others will fight for themselves, financial assets will be unwind in the falling market. Selling pressure will add to selling pressure: FED needs buyers to prevent collapse, chosen few will get money with negative rate of return to taxpayers.

Last stage of operation should come into play: FED cut rates, awash market with liquidity, PPT will buy in the open market financial equity. They will try to talk all other central banks into rate cuts.

ECB, BOE to Pump Extra Cash Into Strained Money Markets

Anyway if systemic risk will be addressed by operations like BAC buying MER, US Dollar will go down and Gold will fly, against falling dollar and all other FIAT currencies. Ten global banks has created 70 billion dollar loan facility: time is not to fight the USD collapse, but to fight for financial system existence.

Today's action in Gold, Silver and commodities will be very important. Will Goldies finally decouple from financial economy mess and become new backbone of the Recovery?

Freddie Mac FRE & Fannie Mae FNM bail out and its downside for US Dollar.

Positive thinking manifesto.

According to the recent reports USA government is close to bail out Freddie Mac FRE & Fannie Mae FNM under the government control:

"Paulson Plans to Bring Fannie, Freddie Under Government Control

By Alison Vekshin and Dawn Kopecki
Sept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson is preparing to announce plans to bring Fannie Mae and Freddie Mac under government control, seeking to halt the crisis of confidence in the companies that make up almost half the U.S. mortgage market. "

Now we can understand that operation in the open market by the world central banks in order to pop up the ailing currency US Dollar was the careful preparation for this bail out. I guess that too much is at stake to allow the newcomer get in the Washington DC mess. Georgia came in handy as well. With geopolitical risk economic worries are going on the second plan, choice is predetermined and USD is rising voting for USA military machine.

Without that intervention such a bail out could easily crash the US Dollar into another waterfall and make its "managed" depreciation impossible. Market manipulation has send USD dollar into Bear market reaction rally, Gold and Silver were trashed into the dust with investors running to the Exit. Investors confidence in Gold and Silver mining companies and Junior mining were shaken with a lot of casualties and money lost. Perfect storm in commodities market amplified by Bubble Vision commentaries on the end of the Commodities Bubble prepared the operation "Election Jump Start the Economy".

It came handy that few biggest US banks went short Gold just before the intervention in unprecedented amount. More details are in this great article.

What will be the consequences of such a bail out and why so many resources were put into this historical manipulation? At stake is a financial system of the world as we know it and its main reserve currency of choice US Dollar. This was the reason why European and Japanese central banks supported the intervention. All financial system is brought down to a still with toxic assets based on not only subprime mortgages, but also "primary" assets issued by Freddie Mac FRE & Fannie Mae FNM. Credit flow has dried out as confidence in a counterparty disappeared. Effective government overtaking of all liabilities issued by these agents means monetisation of this debt and its substitution effectively by government "currency" - Treasuries. More goods to sell with falling demand means lower prices. In case of Treasuries it means higher yield, real rates will go up. What about short term rates managed by FED? If after recent unemployment report anybody things about FED raising rates they better check their water supply. I will not be surprised if FED Cuts Rate in case the markets will tank further into the bear market territory. Welcome to the Stagflation world: Negative Real Rates (difference between FED short term managed rate and Real rate defined by the market in treasuries) like in the 2002 when Gold market was ignited to the new highs.

Threaten by deflationary pressures in the form of falling prices in housing, permanent Sales on the high street for squeezed consumer and falling financial assets prices on the Wall street FED will be always intentionally late to Raise the rate to fight inflation. Inflation is an increasing money supply be definition and with this bail out Pandora Box is open.

What is the magnitude of the situation? Both GSEs are holding and guaranteeing more then 5 trillion dollars in debt, it will go into the government books on the liability side in plus to the current 9.6 trillion dollars government debt. It is an astonishing 54% increase! Why is it negative for the US Dollar "value"? US dollar is a FIAT currency and supported only by perceived value of US government ability to collect revenues in the form of taxes and keep its supply "limited" to the real economic growth in goods and services produced by the USA Corp. When more money is chasing the same amount or falling amount of goods and services we have an inflation.

Let us make a quick "back of envelope" analyses of this M&A deal. USA Corp. is taken liabilities with fixed rates to be paid in the form of interest on Freddie Mac FRE & Fannie Mae FNM bonds to its holders like China, Japan, Russia, Middle East etc. On its assets side it is unwillingly getting falling in value houses as collateral for issued bonds. Assets are shrinking in value with falling house prices, cash flow is falling: people are not able to service their debt, late on payments and are walking away from properties. Common stock of USA Corp is going down - it is our "chosen victim" US Dollar. Then even worse is happening: in order to finance budget deficit and these adding to shortfall difference between fixed payment out to service debt and receivables from housing assets USA Corp is forced to borrow more to cover the cash flow gap.

Situation is becoming more complicated with need to save economy and its subjects from the bankruptcy: maybe Jim Cramer is right after all and USA Corp. will decide to extend mortgages and reduce the payments, US Dollar will be even under more pressure.

How will it play out into our investment approach:

1. Worst case scenario: USA is brought to the corner, depression is looming, elections are falsified, Iran is nuked and war with Russia started for resources. I do not know what to do or even how to live in such situation.

2. Goldilocks scenario: new way of building wealth is found. Make money and take profits; losses will be taken by the crowd - tax payers and they are happy to do it and even asking for more. USD is rallying further, markets are rallying, housing overnight is 30% up. I will write a book "You can do it too", get famous and will make my fortune by selling it.

3. "Positive scenario". FIAT currencies are chosen victims. Bail out is taking out the strain from the financial markets, foreclosures are managed by reducing rates and extending maturity. European agents are using the same medicine - inflation is a world wide normal cause of things. Rates are cut world wide to jump start the economy, government debt is substituting the debt of "falling agents" real rates are negative and all currencies are depreciating against real assets. New credit will make its way into the economy, but not into absurdly priced assets like standard housing or modern paintings, money will chase real resources and go into infrastructure which will make possible to build a new wealth. Gold and Silver will become more and more carrying its monetary function of value preservation, they will appreciate against all FIAT currencies, then will be mania stage with its following collapse. Trust is shaken about "last reserve of confidence" of USA, globalisation as a form of securing global resources market in exchange for Coca-Cola and Bubble Gum is finished, world is becoming more connected and fragmented at the same time. West has accepted the End of Empire stage, its last Prime resource - Military Machine is taken out of political and very costly equation. USA has concentrated on internal problems, new powers are rising, multipolar world is established with "fair" price for diminishing resources, which are rising in their value with rising demand from growing population. Nothing will be perfect as usual: it will put more strains on Supply side. Quality assets in a stable politically situations will be in the big demand. USA Markets will be in a range bound mood between greed, new credit chasing new opportunities and returning reality of hangover with derivative losses making its way throughout the system. One of the complications: WEST will have to reduce its quality of life style under the burden of debt service at least for a while in return for stability. EAST will be catching up with WEST in a new found consumerism happiness.

Deflationary camouflage has made its task: buyers in the commodities and PGM are scared, speculators are ruined, hedge funds are shutting down with fire sell now.

Time is to buy real assets with the best value, best management and best positions to benefit from recent historical event.

Those which are on the radar screens and will benefit first like Silver Wheaton SLW, Silver Standard SSRI, Royal Gold RGLD, Yamana Gold AUY.

Risky plays where fortunes could be made are in Juniors.

Some of them for further study are TNR Gold TNR.v, Silverstone Resources SST.v, Mantle Resources MTS.v, Suramina Resources SAX.to

I am not along this time for sure: clever money are already all over the story and even Used to Be Smart (UBS) guys are making interesting observations.

"UBS urges clients to buy gold - we already are say investors

Back at UBS the Bank states that it has seen "unprecedented" gold demand from India, from European consumers and from other Asian clients, that demand is very strong in Turkey and the Middle East and that it should pick up in Italy as of early September as the holiday season draws to a close. UBS is not alone in seeing this interest, with some Indian jewellers having to turn away clients and, with the Wedding and Festival seasons imminent, demand is expected to remain robust for the next few weeks. Diwali (the Festival of Lights, which is a very important Hindu Festival, the largest gift-giving and shopping festival in India and most popular for gold purchases, falls this year on 28th October."

Juniors Mining - second chance and Buy of your life or is it end of the World?

It is both and my money are on this story. It is the end of the world as we have known it before and it is Second chance to Buy into Junior Mining story. We all heard about the hurricanes, heavy storms and after getting into a wavy sea with some wind we are thinking that we know the story. Real life experience is something else and completely overwhelming in its brutal force.

Recent sell off in Junior mining companies is that kind of event which is separating boys from men. I am still here with my dairy and could be in much better shape as my treasures which are still in the ground or some do not even know that we are looking for them.

I will not go into a deep analyses of the recent geopolitical and economic developments and just will outline my big picture:

1. Using the Austrian definition of inflation as expending money supply with all bailouts of GSEs, fallen investment banks and Auto "retooling" inflation is out of control and USD will be worth close to nothing.

2. Deflation pressure of collapsing over leveraged housing sector will keep FED overreacting on the soft side in order not to allow lost decade Japanese style in USA.

3. Recent well organised intervention in USD in the thin holiday market has shown vulnerability of all FIAT currencies, now we will have stage number two in the Gold Bull market - run off from USD not only into other currencies, but run from all Fiat currencies into Hard assets.

4. Recent geopolitical events in Russia have shown that there is no such definition as energy security in that part of the world, West can not do anything because is using the double standards and my fear of wars for resources is very close to reality. My only hope is that this conflict will not put us to the real End of the World situation. All situation was played around and USD has benefited from it. USA have only one real Super Power attribute left - its military machine. Russian side was happy to show that the world has changed and will never be again the same. Brutal mistakes were done on the both sides and the world is certainly not better off: Russia will be pushed closer to align with China. One of the further complications from this situation will be mutual distrust, new cold war and diversifying from the USD. I do not like this situation at all, can not change it and invite you to participate in my plan and do not let evil forces to force you to sell at the Bottom and to buy at the Top. Maybe all the world will be better, if we become smart enough not to fool around each other.

5. "Decoupling story" is dead or just ongoing and its implications. The biggest torture in our investment world is to foresee the situation, to be right about the big picture and still experience that stomach feeling when everything is sinking together in the market sell off. I guess it is determined to be like this otherwise when everybody is rich around will we ever appreciate it? The trick of positive thinking is to fool yourself that you can profit from any outcome. If the world will become still I will profit from my puts on Google GOOG: hardly anyone will be clicking on anythings without house left, no electricity and running water. In all other cases China's stock market FXI chart looks very good for me, time is to push it up with recently rumored economic stimulus package. With retail sector growth more then 20% Y/Y internal growth will start to run the engine instead of pure reliance on export. Recent geopolitical tensions will emphasise once more time that the resources must be found, developed and protected with all necessary infrastructure in place. Decision will be taken more from military and geopolitical point of view then from economic efficiency. It will ensure strong demand for all raw materials. Another big kick start could come from USA should the new administration chose not the war in order to stimulate economy, but infrastructure development. USA was taken out of Great Depression by Second World War and interstate roads construction. Recent reports are showing that infrastructure in USA is in a miserable state including refineries, water treatment facilities, bridges and etc. Money will be printed anyway so maybe more careful approach on internal problems will safe the world and USA economy.

6. My market university paid off when I have entered this brutal phase of the Junior Mining sector this summer. I was without leverage and was not forced to sell at the wrong time. Now I am busy to accumulate great bargains if my writing here will get into God's office and he will like it.

7. My first pick is still TNR Gold TNR.v and I am stubborn to see exceptional speculative value here. It is a pure call on their value tighten up at Los Azules at the moment. In its recent SEDAR filing company disclosed that they have filed law suit in BC Canada against Xtrata in order to clear the title of Escorpio IV and, what is very important now, is to take out the condition that 25% back-in right could be exercised only within 36 months after option exercised by Xtrata and it has received Feasibility study. They are stating that it was added in the final version of the contract contrary to Memorandum of Undestanding which did not stipulate that condition. Alaskan projects in the proximity to famous Pebble deposit are not valued at all. Recent drilling on El Salto and El Tapau are underway. A lot of interesting thoughts about the Argentina and Mining can be found here.

My another pick is Mantle Resources MTS.v : it is pure Zinc market recovery story. Right metal - Zinc was under pressure when copper holds to its gains. Right place - BC Canada, even I could be fed up with high risk high-opportunity place. Resources have been published recently and are expending. Lundin has 10% stake. Lundin Mining has become trading situation with Tenke Fungurume in a slow motion. Strategy here is to take upside of the Zinc market in pure Zinc Canada M&A play and come to Lundin Mining LMC LUN.to should they overcome their spell. Sutors should include Lundin Mining itself and Teck Cominco with its J/V with Korea Zinc in Cirque deposit in the area. Story is known to industry people and not followed by investors at all. Sometimes it is a very good combination.

My old love story with Silverstone Resources SST.v is still under way. Stock must be jeolous and did not like when I took some profit at 2.5-3.15 levels. Beeing in the small brother of Silver Wheaton SLW story from the very beginning of its spin off from Capstone Mining CS.to was very fruitful. Our love was cemented in my belive in the Silver Bull when I was buying at 0.65CAD. Now when stock is messing around 1.5CAD my feelings are back. Some things are not in favor of the company: Lundin Mining Aljusterl is struggling with start of production cycle. No more silver streams were brought during the recent slump, but the selling was overblown and somebody has gotten into real liquidity story and was selling at any bid like there was no tomorrow. Recently announced normal cause issuers bid will help to stabilise the market and present another good entry point. Silver Standard SSRI, Silver Wheaton SLW, Yamana Gold AUY and Royal Gold RGLD are all my trading partners on options side of things as first money are pouring into big names in the sector. Water PHO, India EPI and Brasil EWZ along with China FXI my calls on recovery of decoupling story.

My diary do not forget that it is my own story and allow for all necessary DD, homework and other efforts necessary to become Mr Warren Buffet should you decide so.

Silver Wheaton SLW is ready to rock.

Very bullish formation with cleared double bottom reversal of short term bearish trend to the upside. On fundamental side if things company is highly leveraged to silver price and bought recently in gloomy market conditions more silver streams. This job added more value to the company cash flow and number of controlled MOZ of silver has increased. With moving up silver prise stock valuation will go at a faster pace.

Silverstone Resources SST.v M&A Play?

Another Junior with Silver Wheaton SLW silver stream model. Management has been taken a nap recently and stock is down below latest PP at 2.9 CAD.

The beauty of things here is that your asset base is growing even when management is sleeping:

"Silverstone Announces 130% Increase in Silver Reserves at Lundin Mining's Neves-Corvo Mine"

http://www.silverstonecorp.com/news/

If you have missed SLW below 2.0USD, check this one with all due caution as usual.

Company could become acquisition target for Silver Wheaton if share price will continue to evaluate this company so much cheaper then SLW market valuation using the same investment metrix.

Silver Wheaton SLW Buy low, Sell High continued

This guys are the best: buying all the silver streams availible when everybody are busy spotting Commodity Bubbles and advising investing in Investment Banks...

http://silverwheaton.com/main/?en&newsReleases&PHPSESSID=9d53c69042f100dcd177da356c1e9998

Markets are getting Nervous: VIX is rising

Markets are very close to panic mode: VIX is rising. "Buy" signal is still valid: MA50 cross over MA200 from August. Once crowd will realise that FED is NOT CUTTING RATES when everything is perfect, they are cutting rates to SAVE economy from melt down in Housing Market Collapse and Credit Crunch, the game with music chairs will begin. Rate Cuts are positive for Gold, Silver and Commodities I am expecting HUI and XAU - Gold and Silver mining companies to decouple from DOW, S&P and Nasdaq as it happen in 2002.

Positions PUT on DIA, SPY, FXI.

Silverstone Resources SST.v Presentation

New Silver Wheaton SLW in the making:

http://www.silverstonecorp.com/_resources/SST_Presentation_Oct_12.pdf


Notes:

1. Major shareholders Capstone Mining CS.to 22% and Lundin Mining LUN.to LMC 19%.
2. John Wright business development: Co-founder of Pan American Silver.
3. Resources 367 Moz of Silver (including all categories plus historical).
4. Fixed cost of Silver at 3.92 USD/Oz.
5. Based on 2011 production 98% discount to Silver Wheaton valuation.

Target price CAD 6.0

Upside drivers:

1. New deal on Silver Revenue Stream.
2. Existing mines resource expansion (recently announced by Lundin Mining plus 300 000 oz production from 2011 plus to recent 850 000 Oz)
Today's Capstone Mining Cozamin : Capstone Increases Resources to 8.6 Million Tonnes at the Cozamin Mine. "- The resource update yields a 47% increase in tonnage with a 51% increase in contained copper and 54% in contained silver."
3. Rising Silver price.

More on Silverstone Resources SST.v:

http://sufiy.blogspot.com/search?q=silverstone

Silverstone Resources SST.v more Silver to come

"Lundin Mining Conference Call to Discuss Neves-Corvo and Zinkgruvan Expansion Plans"

I am looking forward to find out how much Silver will be sold to Silverstone Resources now with Expansion plans. With this addition SST.v valuation will be even more favorable compare to Silver Wheaton SLW.

You still can buy "New" Silver Wheaton at 2 CAD and a change, not for a long thou.

More on Silverstone Resources:

http://sufiy.blogspot.com/search?q=silverstone

The "new" Silver Wheaton

Silverstone Resources is receiving more and more spotlight:


http://www.businessday.co.za/articles/mining.aspx?ID=BD4A577205

More on Silverstone Resources SST.v:


http://sufiy.blogspot.com/search?q=Silverstone

Silverstone Completes Purchase of All the Silver From Lundin Mining's Neves-Corvo and Aljustrel Mines

Lundin deal is closed:

"VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Sep 28, 2007 -- Silverstone Resources Corp. (CDNX:SST.V - News) ("Silverstone") is pleased to announce that it has closed its previously announced deal (June 6, 2007) with Lundin Mining to purchase all the silver production from Lundin Mining's Neves-Corvo and Aljustrel mines in Portugal for life of mine"

More on Silverstone Resources SSt.v:

http://sufiy.blogspot.com/search?q=Silverstone

Silverstone Resources SST.v Denver presentation

New Silver Wheaton in the making:

MC 230 mil
0.700 Moz in 2007 up to 3 Moz of Silver sales in 2009
Resources over 300 Moz with historical
FCF in 2010 30 mil
Largest shareholders Lundin Mining 19% and Capstone Mining 22%

http://events.onlinebroadcasting.com/denvergold/092407/index.php?page=redirect

Silver Wheaton Denver presentation

Register, it is worth it:

http://events.onlinebroadcasting.com/denvergold/092407/index.php?page=redirect

Listen and learn, unique business model: option on rising Silver Price without time decay.

Only one remark: it is NOT the only pure silver company any more check out Silverstone Resources SST.v.

Silverstone Updates Silver Reserves and Resources at Lundin Mining's Neves-Corvo and Aljustrel Mines

It is very important development for new Silver Wheaton SLW in the making: Silverstone Resources SST.v effectively controls 207.6 Moz of Silver just in this one agreement. Update of Capstone Mining's Cozamin resources which is due in September 2007 will add more to this resource base. Silver cost is fixed at 3.9-4.0 USD per oz. Company is working on its own resource base in Mexico which has historical indication of more then 100 Moz. First silver revenue from Lundin deal will pour in on September 28th, 2007. Small junior will become second pure silver play with revenue stream from silver sales and with fixed cost base: it is option on rising silver price without time decay. Main shareholders are Capstone Mining CS.to, Lundin Mining LUN.to LMC and couple of investment funds: shares are very tightly held.

"VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Sep 17, 2007 -- Silverstone Resources Corp. ("Silverstone") (CDNX:SST.V - News) is pleased to announce that it has completed its updated technical reports on Lundin Mining's Neves-Corvo and Aljustrel mines located in Portugal. The National Instrument 43-101 compliant technical reports were prepared by Wardell Armstrong International, for Silverstone titled Technical Report on the Neves-Corvo Mine, Southern Portugal dated August 2007, and Technical Report on the Aljustrel Mine, Southern Portugal dated September 2007."

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