Dec. 29 - Gold $414.60 - Platinum $809.00 - Silver $5.91
Gold Closes At 14-Year Highs / Silver Approaches $6
The following quote was sent to me by a Café member:
"The characteristic of heroism is its persistency.
All men have wandering impulses, fits and starts of
generosity. But when you have chosen your part, abide
by it, and do not weakly try to reconcile yourself
with the world. The heroic cannot be the common, nor
the common heroic. Yet we have the weakness to expect
the sympathy of people in those actions whose
excellence is that they outrun sympathy and appeal to
a tardy justice. If you would serve your brother because
it is fit for you to serve him, do not take back your
words when you find that prudent people do not
commend you." --Ralph Waldo Emerson
GO GATA!!
GATA never set out to be a heroic entity.
If I may speak for my colleagues, we only wished to be
like our patriotic ancestors of 1776 who fought against
injustices by the establishment British, those who
tormented the burgeoning Colonies beyond all reason.
BILL MURPHY
CHAIRMAN
GOLD ANTI-TRUST ACTION COMMITTEE
It was a very strange trading day on the Comex.
With the dollar continuing its quiet free fall, both Gold
and silver came a good deal higher than Wednesday’s close.
However, Gold was really only keeping pace with where it
traded on Friday in overseas action and even that did
not last long.
Bullion was promptly sent lower to only up a dime on the day,
while silver refused to budge.
It left an 8-cent gap for the session which is MOST unusual.
Silver spent most of the day trading up around 15 cents before closing on its highs.
Gold gradually worked its way back, closing in 14-year new high ground, but still $1 off its highs.
What is so remarkable is Gold can achieve such a technical achievement with so little fanfare.
Nobody seems to care.
Same comment from me that Café members have heard for months.
HOW BULLISH IS THAT!!
The Café Sentiment Indicator is still only a 5, or a neutral.
Very few of the Gold pundits are jumping up and down bullish.
Almost all have qualifications about being long Gold,
Silver and the shares.
HOW BULLISH IS THAT!!
Not only has the Café Sentiment Indicator been a help
and very useful technical tool, the physical market
input sent our way has been right on the money:
*John Brimelow has nailed this market all the way up.
His daily info and input about the strength of the
physical market has been invaluable.
*THE STALKER input has been incredible.
Every time I get word this "Gold buying group" is in
the market, Gold moves higher.
Just as I was writing this, I received a phone call from
"Mike," my STALKER source.
He tells me THE STALKER was in the market today and they
are going after $1.4 to $1.6 billion worth of more Gold in
the near term.
*Now, it appears my silver source is spot on too.
From the December 23 MIDAS:
Hi Bill,
A gold and silver dealer that I know told me today that he
recently spoke
with a very large coin and bullion dealer that he deals
with, who told him last week
that Warren Buffet has been buying a lot of silver.
Buffett is also buying futures and
plans to take delivery. This large dealer said that he
expects a short squeeze by Buffett soon.
My dealer stressed that he has dealt with this large
dealer for twenty years and he is not
prone to exaggerate…..
-END-
That was with silver at $5.69, less than one week ago.
Morgan Stanley was a light silver seller.
They remain short and are choking on those shorts at
the moment.
You might recall me mentioning awhile back how several
silver traders noted how the market was trading differently
and has been for the last 70 cents up.
Morgan Stanley had their way in the silver pits for many years when The Gold Cartel was running the action. Now that the cabalists are going down for the count, they are likely to take the Morgan Stanley silver trader out with them.
GATA stretcher-bearers, please stand by for this one also.
While the CRB has tumbled a bit due to the cattle sell-off,
other key commodities are roaring along.
March copper finished the day up sharply at $1.0430.
March cotton soared 2.93 cents to 73.97 cents per pound.
March silver
futures.tradingcharts.com/chart/SV/34
Note how tight gold has traded over the past month:
Gold daily
futures.tradingcharts.com/chart/GD/24
Gold monthly (to be updated in a few days)
futures.tradingcharts.com/chart/GD/M
The Commitment of Traders Report showed the large
specs reduced their longs by 8,000 contracts as
of last Tuesday, while the Commercials ran for the
hills for that amount.
This could leave the cabal crowd all by themselves
to keep the Gold price from soaring.
A coiling Gold, which continues to move slealthily higher
futures.tradingcharts.com/chart/GD/C3
futures.tradingcharts.com/chart/GD/W
futures.tradingcharts.com/chart/GD/M
This year has been a very satisfying one.
Next year will be stunning.
It's a mirror reflection of 1978 - 1979 and its the
Gold-print 1980, Au its on strong a come back...
cbs.marketwatch.com/charts/...ick=1&rand=604274928&siteid=mktw
Merry Christmas and a happy holiday season to all.
GATA BE IN IT TO WIN IT!
The Crystal ball ~
~ Video Clip from GATA about GOLD ~
www.smartstox.com/interviews/gata.html
Eurasia Gold Corp. GOLD Mines Production
About The Company
Eurasia Gold Corp. ( v.egx, EAGCF ) is a GOLD producing
mining company incorporated in Canada and
headquartered in Toronto, Ontario.
The company operates two Gold Mines in the Republic
of Kazakhstan through its wholly owned subsidiary,
Andas-Altyn LLP.
The company’s primary business is mining and processing
Gold as well as acquiring and developing additional
Gold deposits in Kazakhstan.
The EGX GOLD mines use conventional
open-pit mining methods and the Gold is
extracted by heap leaching.
Mining Projects
The Central Mukur and Myaly mining licences host 59 known
zones of oxide mineralization.
Six of these zones were
mined during the year 2000.
The remaining zones are at various stages of exploration
or development to ensure continuity of mining operations.
The two projects have an estimated resource of 850,000 ounces
of gold with 67 zones of oxide mineralisation remain to be
explored, according to Minesite.
It is Eurasia’s objective to increase its annual GOLD
production incrementally to 60,000 ounces.
This increase will come through increasing the production
capability of the two existing projects, and through
acquisition and development of other oxide deposits
in Kazakhstan.
The Board is continuing with its chosen strategy of
running the company on an un-hedged basis.
The value today of the two Gold Mines development and
infrastructure would cost above $40 millions.
Add the value of 59 more gold deposits with feasibility
studies, and nearly 30 years of exploration activities
made by the Soviet will indicate Eurasia's market cap
of CDN $10.65 millions as of December 10, 2003 to be
extremely undervalue.
Shares ownership structure
Number of shares oustanding: 118,332,250
Number of shares held by Thistle Mining and CIDEM: 68,269,253
Number of shares held by directors and officers: 4,283,437
Number of shares held by retail/instituition investors, ( float ): 45,779,560
The EGX;
Gold production at the Central
Mukur and Myaly mine sites
increased from 17,946 ounces in 2001
to 26,481 ounces in 2002,
a 48% increase is considered very satisfactory.
The cash cost of production in 2002 averaged
US$237 per ounce...and about $210 in 2003
A record production of 8,596 ounces of GOLD
was precipitated during the 3rd quarter of 2003,
compared to 7,328 ounces in the 2nd quarter.
EGX is doing extremely well and making a good profit
as well, compared to a lot of other Gold expl.
companies - who trading 100 times more in market
cap values than EGX?
EGX has plenty of more hard assets of Gold Mines
today and should be trading in a much higher
values than in 1996...
a TA hidden top EGX trendline
shows the target closer to $2.00,
cbs.marketwatch.com/charts/...tick=1&rand=80379664&siteid=mktw
The EGX is a bargain low cost Gold Producer
at a low share price for
any investor with foresight to get in
at a good price, imo!
Highlight from Q3, 2003 earning report ( in US dollars )
- A record production of 8,596 ounces of GOLD
was precipitated during the 3rd quarter of 2003,
compared to 7,328 ounces in the 2nd quarter.
- amount of Gold sold was 7,443 ounces
- average production cost for the 9 months was $246.00/oz
(incl. added capitalcost for construction of
more leaching pads)
-remove the improvements costs for more leaching pads
and the actual real cost was about $200/oz Au~GOLD
- Gold was sold at an average price of $362.89/oz
- revenue was $2,701,000
- net profit was $169,000
Outlook for 2004
We can expect large increase in revenue and profit
in the upcoming quarters as Eurasia will greatly
benefit from much higher gold prices.
Management has also proposed that an additional
exploration of ore zones at Central Mukur will be
initiated to further increase the mineable reserves
during 2004.
The combination of higher gold prices, increase revenues,
and the 2004 exploration program can
take EGX to a new height.
Eurasia is a small and low cost gold producer that
will offer investors the best leverage in a
rising gold bull market, imo.
"Positive earnings immediately put a penny stock
company above 85% of the others.
If those earnings are showing signs of increasing
from one quarter to the next, you may be able to
profit greatly from the underlying shares,
especially if you get in early and the trend of
increasing earnings continues...
In the end, a company can only survive by making more
money than it spends.
This is a fact, and a very painful one for many
investors and corporations who have lost sight of
the rules of the game."
Penny Stocks:
The Book by Peter Leeds
Eurasia had already made a profit in Q3 by
selling gold at only $362.89/oz.
It won't be long until Eurasia Gold can reported
the selling of gold at $400/oz plus.
Interview with Ferdinand Lips a world-reknowned
gold expert
www.smartstox.com/interviews/gata.html
Gold is Money Forum
www.goldismoney.info/forums/showthread.php?t=5278
Kitco Community Forum
www.kitcomm.com/showthread.php?s=&threadid=3088
www.tse.com/...edPrices&Language=en&QuoteSymbol_1=egx&x=25&y=1
Officers
WILLIAM P. MCLUCAS
Chairman of the Board
GRAHAM BEVAN
President
HARVEY MCKENZIE
Chief Financial Officer
BALTABEK K. MUKASHEV
Vice-President
Contact Eurasia Gold
Phone: 416.504.2899
Fax: 416.504.2729
Suite 2215 - 120 Adelaide Street West
Toronto, Ontario
Canada
M5H 1T1
www.eurasiagold.com
@
www.ivarkreuger.com
Please do your own DD before buying any stocks.
MEpatriot posted today:
"I have owned EGX for only a few weeks, and I am a first
time poster on this BB. I can not understand anyone not
buying this stock. The reserves will soon be worth close
to 1/2 billion $US, and they are one of...make that the
only >.20 stock... that is actually producing gold.
This is one that can make us "little guys" rich.
You will be doing yourself and anyone you know and love
a favor by telling them to get the heck into this stock NOW!!!
Bst Rgds, MEpatriot "
imo, Good Luck!
Gold Closes At 14-Year Highs / Silver Approaches $6
The following quote was sent to me by a Café member:
"The characteristic of heroism is its persistency.
All men have wandering impulses, fits and starts of
generosity. But when you have chosen your part, abide
by it, and do not weakly try to reconcile yourself
with the world. The heroic cannot be the common, nor
the common heroic. Yet we have the weakness to expect
the sympathy of people in those actions whose
excellence is that they outrun sympathy and appeal to
a tardy justice. If you would serve your brother because
it is fit for you to serve him, do not take back your
words when you find that prudent people do not
commend you." --Ralph Waldo Emerson
GO GATA!!
GATA never set out to be a heroic entity.
If I may speak for my colleagues, we only wished to be
like our patriotic ancestors of 1776 who fought against
injustices by the establishment British, those who
tormented the burgeoning Colonies beyond all reason.
BILL MURPHY
CHAIRMAN
GOLD ANTI-TRUST ACTION COMMITTEE
It was a very strange trading day on the Comex.
With the dollar continuing its quiet free fall, both Gold
and silver came a good deal higher than Wednesday’s close.
However, Gold was really only keeping pace with where it
traded on Friday in overseas action and even that did
not last long.
Bullion was promptly sent lower to only up a dime on the day,
while silver refused to budge.
It left an 8-cent gap for the session which is MOST unusual.
Silver spent most of the day trading up around 15 cents before closing on its highs.
Gold gradually worked its way back, closing in 14-year new high ground, but still $1 off its highs.
What is so remarkable is Gold can achieve such a technical achievement with so little fanfare.
Nobody seems to care.
Same comment from me that Café members have heard for months.
HOW BULLISH IS THAT!!
The Café Sentiment Indicator is still only a 5, or a neutral.
Very few of the Gold pundits are jumping up and down bullish.
Almost all have qualifications about being long Gold,
Silver and the shares.
HOW BULLISH IS THAT!!
Not only has the Café Sentiment Indicator been a help
and very useful technical tool, the physical market
input sent our way has been right on the money:
*John Brimelow has nailed this market all the way up.
His daily info and input about the strength of the
physical market has been invaluable.
*THE STALKER input has been incredible.
Every time I get word this "Gold buying group" is in
the market, Gold moves higher.
Just as I was writing this, I received a phone call from
"Mike," my STALKER source.
He tells me THE STALKER was in the market today and they
are going after $1.4 to $1.6 billion worth of more Gold in
the near term.
*Now, it appears my silver source is spot on too.
From the December 23 MIDAS:
Hi Bill,
A gold and silver dealer that I know told me today that he
recently spoke
with a very large coin and bullion dealer that he deals
with, who told him last week
that Warren Buffet has been buying a lot of silver.
Buffett is also buying futures and
plans to take delivery. This large dealer said that he
expects a short squeeze by Buffett soon.
My dealer stressed that he has dealt with this large
dealer for twenty years and he is not
prone to exaggerate…..
-END-
That was with silver at $5.69, less than one week ago.
Morgan Stanley was a light silver seller.
They remain short and are choking on those shorts at
the moment.
You might recall me mentioning awhile back how several
silver traders noted how the market was trading differently
and has been for the last 70 cents up.
Morgan Stanley had their way in the silver pits for many years when The Gold Cartel was running the action. Now that the cabalists are going down for the count, they are likely to take the Morgan Stanley silver trader out with them.
GATA stretcher-bearers, please stand by for this one also.
While the CRB has tumbled a bit due to the cattle sell-off,
other key commodities are roaring along.
March copper finished the day up sharply at $1.0430.
March cotton soared 2.93 cents to 73.97 cents per pound.
March silver
futures.tradingcharts.com/chart/SV/34
Note how tight gold has traded over the past month:
Gold daily
futures.tradingcharts.com/chart/GD/24
Gold monthly (to be updated in a few days)
futures.tradingcharts.com/chart/GD/M
The Commitment of Traders Report showed the large
specs reduced their longs by 8,000 contracts as
of last Tuesday, while the Commercials ran for the
hills for that amount.
This could leave the cabal crowd all by themselves
to keep the Gold price from soaring.
A coiling Gold, which continues to move slealthily higher
futures.tradingcharts.com/chart/GD/C3
futures.tradingcharts.com/chart/GD/W
futures.tradingcharts.com/chart/GD/M
This year has been a very satisfying one.
Next year will be stunning.
It's a mirror reflection of 1978 - 1979 and its the
Gold-print 1980, Au its on strong a come back...
cbs.marketwatch.com/charts/...ick=1&rand=604274928&siteid=mktw
Merry Christmas and a happy holiday season to all.
GATA BE IN IT TO WIN IT!
The Crystal ball ~
~ Video Clip from GATA about GOLD ~
www.smartstox.com/interviews/gata.html
Eurasia Gold Corp. GOLD Mines Production
About The Company
Eurasia Gold Corp. ( v.egx, EAGCF ) is a GOLD producing
mining company incorporated in Canada and
headquartered in Toronto, Ontario.
The company operates two Gold Mines in the Republic
of Kazakhstan through its wholly owned subsidiary,
Andas-Altyn LLP.
The company’s primary business is mining and processing
Gold as well as acquiring and developing additional
Gold deposits in Kazakhstan.
The EGX GOLD mines use conventional
open-pit mining methods and the Gold is
extracted by heap leaching.
Mining Projects
The Central Mukur and Myaly mining licences host 59 known
zones of oxide mineralization.
Six of these zones were
mined during the year 2000.
The remaining zones are at various stages of exploration
or development to ensure continuity of mining operations.
The two projects have an estimated resource of 850,000 ounces
of gold with 67 zones of oxide mineralisation remain to be
explored, according to Minesite.
It is Eurasia’s objective to increase its annual GOLD
production incrementally to 60,000 ounces.
This increase will come through increasing the production
capability of the two existing projects, and through
acquisition and development of other oxide deposits
in Kazakhstan.
The Board is continuing with its chosen strategy of
running the company on an un-hedged basis.
The value today of the two Gold Mines development and
infrastructure would cost above $40 millions.
Add the value of 59 more gold deposits with feasibility
studies, and nearly 30 years of exploration activities
made by the Soviet will indicate Eurasia's market cap
of CDN $10.65 millions as of December 10, 2003 to be
extremely undervalue.
Shares ownership structure
Number of shares oustanding: 118,332,250
Number of shares held by Thistle Mining and CIDEM: 68,269,253
Number of shares held by directors and officers: 4,283,437
Number of shares held by retail/instituition investors, ( float ): 45,779,560
The EGX;
Gold production at the Central
Mukur and Myaly mine sites
increased from 17,946 ounces in 2001
to 26,481 ounces in 2002,
a 48% increase is considered very satisfactory.
The cash cost of production in 2002 averaged
US$237 per ounce...and about $210 in 2003
A record production of 8,596 ounces of GOLD
was precipitated during the 3rd quarter of 2003,
compared to 7,328 ounces in the 2nd quarter.
EGX is doing extremely well and making a good profit
as well, compared to a lot of other Gold expl.
companies - who trading 100 times more in market
cap values than EGX?
EGX has plenty of more hard assets of Gold Mines
today and should be trading in a much higher
values than in 1996...
a TA hidden top EGX trendline
shows the target closer to $2.00,
cbs.marketwatch.com/charts/...tick=1&rand=80379664&siteid=mktw
The EGX is a bargain low cost Gold Producer
at a low share price for
any investor with foresight to get in
at a good price, imo!
Highlight from Q3, 2003 earning report ( in US dollars )
- A record production of 8,596 ounces of GOLD
was precipitated during the 3rd quarter of 2003,
compared to 7,328 ounces in the 2nd quarter.
- amount of Gold sold was 7,443 ounces
- average production cost for the 9 months was $246.00/oz
(incl. added capitalcost for construction of
more leaching pads)
-remove the improvements costs for more leaching pads
and the actual real cost was about $200/oz Au~GOLD
- Gold was sold at an average price of $362.89/oz
- revenue was $2,701,000
- net profit was $169,000
Outlook for 2004
We can expect large increase in revenue and profit
in the upcoming quarters as Eurasia will greatly
benefit from much higher gold prices.
Management has also proposed that an additional
exploration of ore zones at Central Mukur will be
initiated to further increase the mineable reserves
during 2004.
The combination of higher gold prices, increase revenues,
and the 2004 exploration program can
take EGX to a new height.
Eurasia is a small and low cost gold producer that
will offer investors the best leverage in a
rising gold bull market, imo.
"Positive earnings immediately put a penny stock
company above 85% of the others.
If those earnings are showing signs of increasing
from one quarter to the next, you may be able to
profit greatly from the underlying shares,
especially if you get in early and the trend of
increasing earnings continues...
In the end, a company can only survive by making more
money than it spends.
This is a fact, and a very painful one for many
investors and corporations who have lost sight of
the rules of the game."
Penny Stocks:
The Book by Peter Leeds
Eurasia had already made a profit in Q3 by
selling gold at only $362.89/oz.
It won't be long until Eurasia Gold can reported
the selling of gold at $400/oz plus.
Interview with Ferdinand Lips a world-reknowned
gold expert
www.smartstox.com/interviews/gata.html
Gold is Money Forum
www.goldismoney.info/forums/showthread.php?t=5278
Kitco Community Forum
www.kitcomm.com/showthread.php?s=&threadid=3088
www.tse.com/...edPrices&Language=en&QuoteSymbol_1=egx&x=25&y=1
Officers
WILLIAM P. MCLUCAS
Chairman of the Board
GRAHAM BEVAN
President
HARVEY MCKENZIE
Chief Financial Officer
BALTABEK K. MUKASHEV
Vice-President
Contact Eurasia Gold
Phone: 416.504.2899
Fax: 416.504.2729
Suite 2215 - 120 Adelaide Street West
Toronto, Ontario
Canada
M5H 1T1
www.eurasiagold.com
@
www.ivarkreuger.com
Please do your own DD before buying any stocks.
MEpatriot posted today:
"I have owned EGX for only a few weeks, and I am a first
time poster on this BB. I can not understand anyone not
buying this stock. The reserves will soon be worth close
to 1/2 billion $US, and they are one of...make that the
only >.20 stock... that is actually producing gold.
This is one that can make us "little guys" rich.
You will be doing yourself and anyone you know and love
a favor by telling them to get the heck into this stock NOW!!!
Bst Rgds, MEpatriot "
imo, Good Luck!
