US Dollar Exit And Gold: ZeroHedge - Moscow Says Massive "Holy Grail" Gas Deal With China Is 98% Ready

  

  Update May 21st, 2014.

ZeroHedge:

Russia And China Finally Sign Historic $400 Billion "Holy Grail" Gas Deal

  ZeroHedge reports on further developments around the US Dollar Exit and geopolitical Chess Game - it is all about Resources and Energy is the most important of them. Today we have the very important confirmation to our previous discussion - this is what will drive the Old Good Street On Street Fight in our former Global Village for years to come:

Currency Wars: Russia Holds "De-Dollarization Meeting": China, Iran Willing To Drop USD From Bilateral Trade

  "C.S. We are going into the next stage of The Currency Wars when our previous discussions on this blog are getting into the headlines from Kremlin.Geopolitical map of the world is being re-drawn as we speak now. Our Global Village  is getting to the good old street on street fight. The reason is simple: There Is Not Enough. You can print money and manipulate equity market in to the All-Time-High for a while, but you can't print Oil, Copper, Gold and other commodities without which any growth is impossible. We all need to eat in between of our sessions on Facebook and even Google search will not bring us food into the mouth yet. Our dear Apple is really great, but we can not eat iPads even if their prices are "deflationary". We need Gas, Fertilisers and even more Oil to grow our Food and deliver it. 

  Have you noticed that with global growth in economy being barely above the water and China's "Collapse" Oil prices are strongly north of $100 mark? Where is all that Shale Oil and Gas? What will happen when economy will start growing for real?

  China knows is too well that is why it is buying resources all over the world, including Copper and Lithium. It has the military plan of Electrification of its Transportation and for Alternative Energy. Just check the numbers on Wind and Solar Power installations in the world. Energy Storage is the next stage and Lithium is at the core of it. Now China benefits from all these games and manipulations in the Gold market and buying best Copper deposits in the world.

  Have we mentioned already that poor Ukraine has been caught between the rock and the hard place? That nobody really cares about its Independence or its Proud People? That Joe Biden son has joined the board of the major Gas producer  in Ukraine? Or that it is all really about China? Empire has the only one resource left - its Military Complex (Industrial part of it gone, but Nukes are here) and it is playing the very dangerous game to leverage it and slow down China.

  Can even the good Golfer who is spending more time on the Greens than in the War Room fight with the Bear Hunters or Shaolin Masters? This is the question two charts are talking about. US Dollar above, which is playing with dangerous 80.00 level after breaching 79.00 once already these weeks; and Gold below, which is harder and harder to break down below MA200. 
  Nobody knows the future, but the one outcome is already here: due to stupidity and arrogance the world has another Tsar  and will have one more retired Golfer ... Read More"

ZeroHedge:

Moscow Says Massive "Holy Grail" Gas Deal With China Is 98% Ready

"We have previously profiled the "holy grail" gas deal between Russia and China on several occasions, and with its announcement scheduled for next week (barring some unmitigated disaster) during Putin's first visit to China since Xi's appointment as president last March, it is time to do a status update on where it stands even ifaccording to SCMP, at this point finding the "holy grail" is merely a formality.

The Hong Kong publication reports that China and Russia hope to sign a massive deal for natural gas supply when their leaders meet in a regional summit in Shanghai next week, a senior diplomat has said. Under the deal, Russia will supply 38 billion cubic metres of natural gas annually to China for 30 years. Deputy Foreign Minister Cheng Guoping told reporters yesterday that President Xi Jinping would discuss the deal and other points of co-operation with his Russian counterpart, Vladimir Putin, who will visit Shanghai on Tuesday. Read More."

Currency Wars: Russia Holds "De-Dollarization Meeting": China, Iran Willing To Drop USD From Bilateral Trade

  

  C.S. We are going into the next stage of The Currency Wars when our previous discussions on this blog are getting into the headlines from Kremlin. Geopolitical map of the world is being re-drawn as we speak now. Our Global Village  is getting to the good old street on street fight. The reason is simple: There Is Not Enough. You can print money and manipulate equity market in to the All-Time-High for a while, but you can't print Oil, Copper, Gold and other commodities without which any growth is impossible. We all need to eat in between of our sessions on Facebook and even Google search will not bring us food into the mouth yet. Our dear Apple is really great, but we can not eat iPads even if their prices are "deflationary". We need Gas, Fertilisers and even more Oil to grow our Food and deliver it. 

  Have you noticed that with global growth in economy being barely above the water and China's "Collapse" Oil prices are strongly north of $100 mark? Where is all that Shale Oil and Gas? What will happen when economy will start growing for real?

  China knows is too well that is why it is buying resources all over the world, including Copper and Lithium. It has the military plan of Electrification of its Transportation and for Alternative Energy. Just check the numbers on Wind and Solar Power installations in the world. Energy Storage is the next stage and Lithium is at the core of it. Now China benefits from all these games and manipulations in the Gold market and buying best Copper deposits in the world.

  Have we mentioned already that poor Ukraine has been caught between the rock and the hard place? That nobody really cares about its Independence or its Proud People? That Joe Biden son has joined the board of the major Gas producer  in Ukraine? Or that it is all really about China? Empire has the only one resource left - its Military Complex (Industrial part of it gone, but Nukes are here) and it is playing the very dangerous game to leverage it and slow down China.

  Can even the good Golfer who is spending more time on the Greens than in the War Room fight with the Bear Hunters or Shaolin Masters? This is the question two charts are talking about. US Dollar above, which is playing with dangerous 80.00 level after breaching 79.00 once already these weeks; and Gold below, which is harder and harder to break down below MA200.
  Nobody knows the future, but the one outcome is already here: due to stupidity and arrogance the world has another Tsar  and will have one more retired Golfer ...

US Dollar Dives Below 79.00 - How Long Can They Keep Gold Down? GLD GDX TNR.v MUX NG ABX

  "US Dollar dives this morning and is breaking down the all-crucial 79.00 line in the sand. At the moment of writing we have 78.94. Our rhetorical question of the day is how long manipulation can keep Gold down in this environment? Now yesterday's attack on Gold can be put in the new totally dramatic perspective of today's US Dollar Melt Down."

Eric Sprott: The Chinese Gold Vortex - Do Not Miss This Golden Opportunity GDX TNR.v MUX

  "CS. Gold is building a very strong reversal pattern after resent correction. The only problem is that we are not the only one watching this chart closely and manipulators are trying to paint the breakdown on the chart above. In the normal market this picture will indicate very strong Bull market, building the base after The Golden Cross to make its Second Bull Leg Up. We have the close right above the MA200 at $1,300 and Bollinger Bands suggest that volatility will increase dramatically. Will "They" be able to break Gold down again? This is the question which will separate boys from the men again. The most important for us that this technical picture reflects the fundamentals Eric Sprott is talking about in his article." 

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

 "What is connecting so different countries as Ukraine and Syria? The big chess game played by the U.S. and Russia. Syria needs to be "liberalised" in order to build pipelines for the natural Gas to be supplied from Qatar  to Europe. Russia and China have blocked that game and they have Ukraine revolution 2.0 now. Putin's dream is to rebuild USSR as the Eurasian Union and Ukraine is the key to his success. He will not back out of it easily. One thing is an insult in the ice hockey defeat by the U.S. in Sochi and another thing is to lose "Small Russia". On the map below you can see why Ukraine is so important geopolitically, it is all about Energy again. Key supply natural Gas routes from Russia to Europe are crossing this country." 

ZeroHedge:

Russia Holds "De-Dollarization Meeting": China, Iran Willing To Drop USD From Bilateral Trade

"That Russia has been pushing for trade arrangements that minimize the participation (and influence) of the US dollar ever since the onset of the Ukraine crisis (and before) is no secret: this has been covered extensively on these pages before (see Gazprom Prepares "Symbolic" Bond Issue In Chinese Yuan; Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China; Russia And China About To Sign "Holy Grail" Gas Deal; 40 Central Banks Are Betting This Will Be The Next Reserve Currency; From the Petrodollar to the Gas-o-yuan and so on).

But until now much of this was in the realm of hearsay and general wishful thinking. After all, surely it is "ridiculous" that a country can seriously contemplate to exist outside the ideological and religious confines of the Petrodollar... because if one can do it, all can do it, and next thing you know the US has hyperinflation, social collapse, civil war and all those other features prominently featured in other socialist banana republics like Venezuela which alas do not have a global reserve currency to kick around.

Or so the Keynesian economists, aka tenured priests of said Petrodollar religion, would demand that the world believe.

However, as much as it may trouble the statists to read, Russia is actively pushing on with plans to put the US dollar in the rearview mirror and replace it with a dollar-free system. Or, as it is called in Russia, a "de-dollarized" world. Read more."

TNR Gold And McEwen Mining: Argentina's Caem Optimistic Over Pascua Lama Future TNR.v MUX ABX GDX

  

  Argentina slowly comes to its senses and welcomes mining business back these days. Argentinian government is negotiating with Chile the ways to bring development of  Pascua Lama back on track and China is already waiting for it, according to some rumours. Captains of the mining industry are allocating new investments in mining projects in Argentina and Yamana Gold has announced that it will focus on its  Cerro Moro Gold and Silver project in Argentina along with Canada Assets.

  Los Azules Copper is waiting for its hour to come into the industry spotlight and Pascua Lama development will do the trick. Both projects are located in the same San Juan province in Argentina. Shareholders of TNR Gold and McEwen Mining finally will be rewarded for their patience one day. And now this day is coming closer with every positive development in Argentina.

TNR Gold And McEwen Mining: Chinalco Mining Sets Sights On Copper Projects in Latin America TNR.v MUX FCX NEM ABX

"CS. With Las Bambas deal secured in Chinese hands and Pascua Lama and CITIC rumours still circling in the industry, another industrial group from China is searching the Globe for the best Copper projects left. We have discussed before, that M&A activity in this case signifies the very important bottom in the mining cycle. Barrick Gold talks with Newmont Mining in Gold and Las Bambas purchase by Minmetals Group in Copper.   

  Western Central Banks are anxious with "the lack of Inflation" - all "official" Inflation measures in US (if you are not eating, paying insurance  or rent) are dangerously low, if you consider the unprecedented amount of the freshly printed money in the system. ECB is talking about the new "whatever-it-takes" war on Deflation and Copper is sensing the upcoming change already. Prices of Copper are up last week.

  With this report from China Los Azules Copper is very well positioned to bring the Catalyst to TNR Gold and McEwen Mining. Rob McEwen is talking about it as "One of the best Copper projects in the world" and industry's M&A activity will bring it on the investors radar screens again."

Las Bambas Purchase Shows China Is Still in the Hunt for Copper MUX TNR.v LCC.v CU

"We have narrowed it down from the Wall Street headline: the best Copper projects are going to those who can think about the economic development with the long term view. We have been discussing Las Bambas Sale for quite a while here and other our stories could be coming to fruition now as well. Security of supply is the major issue during the next stage of the Rising Power and Chinese companies are scooping the Globe for the best projects available."

Copper M&A: Glencore Xstrata Close to Sale of Its Las Bambas Peruvian Copper Project MUX TNR.v LCC.v

"According to the report China is closing the next mega deal in the resource sector in order to secure the supply of strategic commodities. This time it is copper. Another Chinese company - China National Gold is reported to be in talks with Ivanhoe on DRC Copper mine. We guess that the end of the world will be postponed again and China is using any opportunity to buy the real assets at the cheapest price possible. China is executing the state-level plan to diversify its reserves out of US Dollar and is buying assets in Gold, Copper and Lithium. We have mentioned before the rumours about Barrick Gold being in talks over its huge Pascua Lama with CITIC from China and are monitoring the sector for the conformation.

Rumour Mill: "CITIC Buying Into Pascua Lama" - Can Argentina Mining Really Make Its Come Back? TNR.v MUX ABX LCC.v

"Is this rumour too good to be true for the proud people of Argentina? Can Argentina ever make its come back in mining? On the one hand we have still the very strong perception of the high political risk and on another hand we have reports from the ground about the changing environment in the country:

"Situation in Argentina is changing for the better with recent developments on Repsol compensation. Goldcorp was talking about "Argentina issues easing" and Pan American Silver CEO has recently sated:

"Meanwhile, when asked by an analyst to comment on the future of the Navidad project, PanAm CEO Geoff Burns said he sees signs of noted improvement “in our operating environment and in the attractiveness of making investments” in Argentina.

“There was a new chief of cabinet installed…now a couple of months ago,” he observed. “And he certainly seems to be driving a more business-friendly environment, or at least, pushing for a more business-friendly environment.”

“I was down there [in Argentina] just a couple of weeks ago, and I would say I am more optimistic than I have been in the last couple of years about the future of Argentina and the future of mining investment in Argentina,” Burns advised."

  Rob has mentioned as well that Argentina is changing for the better now: "Profits are coming out of the country now and political change will happen within next one and a half years. We have very large Los Azules Copper project in Argentina. Last year large projects went out of favour, we are sitting on it now. Copper prices are above 3 dollars now and we had the new PEA last Fall. It is our source of liquidity in the future."

The reports provided on the links below are suggesting that this particular move by Barrick Gold could not be so far fetched: company has confirmed that it is working on strategic partnerships on Pascua Lama and that partners from China are of a particular interest for the company. Argentinean government has even organised negotiations with Chile in order to bring Pascua Lama project back to life. We will not rush ahead to the conclusions and will wait for the official confirmations about these talks, but the trend is quite apparent for the industry insiders and we had discussed it before. 

  After the bidding war for Las Bambas Copper in Peru there are not so many world class copper assets left. M&A activity in Copper sector is heating up with ongoing deals on Glencore's Las Bambas, Hudbay's acquisition and OZ Minerals talks with potential partners. Now the projects like Los Azules copper will get more industry attention. We are following McEwen Mining and TNR Gold involved in this project, please read carefully all our disclaimers and do your own DD, as usual.

"TNR Gold is still the sleeping beauty: company holds shares in McEwen Mining after the settlement on Los Azules and Back-In right into Los Azules Copper project in Argentina. Among other assets TNR Gold holds 100% of Shotgun Gold project in Alaska with first resources announced last year and strategic stake in International Lithium."

TNR Gold Insiders report: CEO And CFO Buying Shares.  

  Among other beneficiaries of improved investment climate in Argentina we should name Lumina Copper with its Taca Taca copper deposit and International Lithium developing Mariana Lithium brine project with its strategic partner Ganfeng Lithium. 

  We will closely monitor the situation with these developments around Pascua Lama and you can find additional information for your research on the links below. 

More."

BN Americas:

Argentina's Caem optimistic over Pascua Lama future

By Juan Andres Abarca

Martín Dedeu, president of Argentina's private sector mining chamber Caem, is optimistic that the Pascua Lamagold-silver project of Canadian miner Barrick Gold (TSX, NYSE: ABX), located in the border of Argentina and Chile, will move forward, despite its current suspended status.

"I'm an absolute optimist that even though the project is facing a slowdown, it will go ahead," he told BNamericas.

Dedeu acknowledged that the status of the project is a concern in Argentina. In March, the country's mining minister Jorge Mayoral said the government was willing to engage in talks with Chile over the future of Pascua Lama.

"It's a subject that is obviously worrisome. But we've found ways to diminish the impact of the project's suspension in San Juan province," Dedeu told BNamericas.

The binational project was officially suspended by the company in October last year, following a series of judicial, regulatory and social setbacks on the Chilean side over environmental issues and breaches of its environmental resolution (RCA).

In addition to the suspension, the project is now facing a multimillion dollar fine from environmental regulator SMA, following an order issued by the environmental court to rewrite the resolution that imposed a fine, saying that the document included a number of "errors and illegalities."

In May 2013 SMA ordered Barrick to pay 16,000 of the country's annual tax units (UTAs), some US$16mn, and ordered the suspension of construction of Pascua Lama due to what it called very serious breaches of the project's RCA regarding alleged damage to the area's water resources.

Following SMA's decision not to challenge the court's decision, Barrick filed a motion with the Chilean supreme court contesting the environmental court's ruling. The court has not viewed the case yet.

Dedeu said that "every country has the right, obviously, to make the decisions it believes to be fair. But I think it would be a shame that our first binational project should fail."

"An agreement needs to be reached that is fair and reasonable and that won't cancel the most important binational project that has ever been developed between the two countries."

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.

TNR Gold And McEwen Mining: Chinalco Mining Sets Sights On Copper Projects in Latin America TNR.v MUX FCX NEM ABX

  

  CS. With Las Bambas deal secured in Chinese hands and Pascua Lama and CITIC rumours still circling in the industry, another industrial group from China is searching the Globe for the best Copper projects left. We have discussed before, that M&A activity in this case signifies the very important bottom in the mining cycle. Barrick Gold talks with Newmont Mining in Gold and Las Bambas purchase by Minmetals Group in Copper.   

  Western Central Banks are anxious with "the lack of Inflation" - all "official" Inflation measures in US (if you are not eating, paying insurance  or rent) are dangerously low, if you consider the unprecedented amount of the freshly printed money in the system. ECB is talking about the new "whatever-it-takes" war on Deflation and Copper is sensing the upcoming change already. Prices of Copper are up last week.

  With this report from China Los Azules Copper is very well positioned to bring the Catalyst to TNR Gold and McEwen Mining. Rob McEwen is talking about it as "One of the best Copper projects in the world" and industry's M&A activity will bring it on the investors radar screens again.

Las Bambas Purchase Shows China Is Still in the Hunt for Copper MUX TNR.v LCC.v CU

 "We have narrowed it down from the Wall Street headline: the best Copper projects are going to those who can think about the economic development with the long term view. We have been discussing Las Bambas Sale for quite a while here and other our stories could be coming to fruition now as well. Security of supply is the major issue during the next stage of the Rising Power and Chinese companies are scooping the Globe for the best projects available."

Copper M&A: Glencore Xstrata Close to Sale of Its Las Bambas Peruvian Copper Project MUX TNR.v LCC.v

"According to the report China is closing the next mega deal in the resource sector in order to secure the supply of strategic commodities. This time it is copper. Another Chinese company - China National Gold is reported to be in talks with Ivanhoe on DRC Copper mine. We guess that the end of the world will be postponed again and China is using any opportunity to buy the real assets at the cheapest price possible. China is executing the state-level plan to diversify its reserves out of US Dollar and is buying assets in Gold, Copper and Lithium. We have mentioned before the rumours about Barrick Gold being in talks over its huge Pascua Lama with CITIC from China and are monitoring the sector for the conformation.

Rumour Mill: "CITIC Buying Into Pascua Lama" - Can Argentina Mining Really Make Its Come Back? TNR.v MUX ABX LCC.v

"Is this rumour too good to be true for the proud people of Argentina? Can Argentina ever make its come back in mining? On the one hand we have still the very strong perception of the high political risk and on another hand we have reports from the ground about the changing environment in the country:

"Situation in Argentina is changing for the better with recent developments on Repsol compensation. Goldcorp was talking about "Argentina issues easing" and Pan American Silver CEO has recently sated:

"Meanwhile, when asked by an analyst to comment on the future of the Navidad project, PanAm CEO Geoff Burns said he sees signs of noted improvement “in our operating environment and in the attractiveness of making investments” in Argentina.

“There was a new chief of cabinet installed…now a couple of months ago,” he observed. “And he certainly seems to be driving a more business-friendly environment, or at least, pushing for a more business-friendly environment.”

“I was down there [in Argentina] just a couple of weeks ago, and I would say I am more optimistic than I have been in the last couple of years about the future of Argentina and the future of mining investment in Argentina,” Burns advised."

  Rob has mentioned as well that Argentina is changing for the better now: "Profits are coming out of the country now and political change will happen within next one and a half years. We have very large Los Azules Copper project in Argentina. Last year large projects went out of favour, we are sitting on it now. Copper prices are above 3 dollars now and we had the new PEA last Fall. It is our source of liquidity in the future."

The reports provided on the links below are suggesting that this particular move by Barrick Gold could not be so far fetched: company has confirmed that it is working on strategic partnerships on Pascua Lama and that partners from China are of a particular interest for the company. Argentinean government has even organised negotiations with Chile in order to bring Pascua Lama project back to life. We will not rush ahead to the conclusions and will wait for the official confirmations about these talks, but the trend is quite apparent for the industry insiders and we had discussed it before. 

  After the bidding war for Las Bambas Copper in Peru there are not so many world class copper assets left. M&A activity in Copper sector is heating up with ongoing deals on Glencore's Las Bambas, Hudbay's acquisition and OZ Minerals talks with potential partners. Now the projects like Los Azules copper will get more industry attention. We are following McEwen Mining and TNR Gold involved in this project, please read carefully all our disclaimers and do your own DD, as usual.

"TNR Gold is still the sleeping beauty: company holds shares in McEwen Mining after the settlement on Los Azules and Back-In right into Los Azules Copper project in Argentina. Among other assets TNR Gold holds 100% of Shotgun Gold project in Alaska with first resources announced last year and strategic stake in International Lithium."

TNR Gold Insiders report: CEO And CFO Buying Shares.  

  Among other beneficiaries of improved investment climate in Argentina we should name Lumina Copper with its Taca Taca copper deposit and International Lithium developing Mariana Lithium brine project with its strategic partner Ganfeng Lithium. 

  We will closely monitor the situation with these developments around Pascua Lama and you can find additional information for your research on the links below. 

More."

South China Morning Post:

Chinalco Mining Sets Sights On Copper Projects in Latin America 

Metal unit keen on copper projects in Peru with its huge potential and friendly environment

• 

Peng Huaisheng shrugs off the impact from Peru's suspension order on the output of Chinalco Mining's Toromocho project. Photo: Nora Tam

Chinalco Mining, the non-ferrous and non-aluminium metals unit of aluminium giant Chinalco, is seeking acquisition opportunities in Latin America for copper projects with long-term return rates of more than 10 per cent.

Chief executive Peng Huaisheng said the region presented more development potential, especially Peru, where the company has been developing the Toromocho copper project since 2007.

Peru has a strategy to catch up with Chile in mining development

PENG HUAISHENG, CHINALCO MINING

"Our understanding is that Peru offers greater potential within Latin America," he said. "Peru has a strategy to catch up with Chile in metals and mining development, so it provides an overseas-investor-friendly investment environment."

Chile is the world's largest producer and resource holder of copper, which is used widely in the power distribution and construction sectors. China imports about 70 per cent of its raw copper ore needs.

Hong Kong-listed Chinalco Mining's US$3.5 billion Toromocho project, about 140 kilometres from Lima, started trial commercial production in December.

But power shortages, caused by a three-month delay in power connection, meant the company had to first process ore with lower copper content than originally planned. This caused the firm to slash in December its output target for this year to between 120,000 and 150,000 tonnes from 190,500 tonnes.

In March, heavy rainfall resulted in muddy water being discharged from the project's quarry mine to a lake. Peru's Ministry of Environment ordered on March 28 the project to stop operation for alleged non-compliance with environmental laws relating to water discharge. After building a water tank to collect rainfall and a draining system, the ministry allowed production to resume on April 11.

Peng said the suspension would not hinder the project from achieving the revised output target since it was not expected to reach full capacity utilisation until the third quarter.

He said his firm was "surprised" by the suspension order, but he would not comment when asked if he thought foreign and domestic firms had been treated differently on similar issues.

In July last year, Chinalco Mining decided to use US$120 million from its initial public offering proceeds, originally for acquisitions, towards phase two expansion of Toromocho.

The US$1.32 billion expansion will be 80 per cent-financed by bank loans and will raise annual output capacity by 45 per cent to 310,000 tonnes when completed in the first half of 2016."

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.