For those interested in gold stocks

[Jess9]

Each has some great permits. IGR has a lot of resource already on the books and has purchased some processing facility to date. SLR is actually producing ($$$ to self fund). HTM is about to get its mining permit early 09 to re-open the (Waihi) Talisman mine... and all were beaten down $$$ to hell over the last 6 months ; )

[Jess9]

IGR - http://www.integramining.com.au

SLR - http://www.silverlakeresources.com.au

HTM - http://www.heritagegold.co.nz

Have a bit of a read...

[Dr_Who]

You guys interested in gold stocks should have a look at IRN. They have one of the largest mines in SE Asia and the cheapest cost of mining. Xstrata and one other firm tried hostile T/O at $1.28 and did not succeed. Have cash of over $80m in the bank which is 20 cps, sp trading at 30 cps. The mine has over 2.2 billion tons with some 16 million ounce of gold. One of the cheapest junior miners on the market.

Pls DYO research

disc: Doc is a shareholder of IRN

[arco]

Anyone have a view on Lion Selection Group LST.ax

http://www.lionselection.com.au/index.shtml

Lion’s vision is to be a diversified mining company with a portfolio of high quality junior resource investments, which will complement and drive development of a core holding of larger investments and operations to provide capital growth and cash flow.
Lion provides venture capital to carefully selected mining and exploration companies with outstanding management and development projects.
Lion’s objective is to create long-term value to shareholders through capital growth and cash flow.



Investment Summary Table

At 31/10/2008 Code Country/Commodity Lion Selection
Holding
% Investment
$m Market
Value
$m Lion Direct Investments (Direct or Indirect)
Exco Resources EXS Australia – copper/gold 10.4% 6.6 2.9 Havilah Resources HAV Australia – gold/base metals 18.6% 4.3 6.0 Indophil Resources IRN Philippines – copper/gold 6.8% 10.4 15.7 Catalpa Resources CAH Australia – gold 44.4% 14.6 4.9 Other (Investments less than 2% of Net Assets) 27.6 8.2 African Lion Funds Albidon ALB Zambia –nickel 5.3% 3.3 4.2 Sphere Investments SPH Mauritania – iron ore 1.8% 1.4 2.3 Other including cash
7.3 Asian Lion Fund Total invested (including cash) 5.0 2.8 Cash committed 10.2 10.2 Total Investments 64.5 Operations – 30% Cracow 59.7 Net Cash 168.8 Net Tangible Assets (NTA) ($m) 293.1 NTA before tax & diluted for options (cents per share) 158.5c NTA after tax & diluted for options (cents per share) 158.5c

[JBmurc]

You guys interested in gold stocks should have a look at IRN. They have one of the largest mines in SE Asia and the cheapest cost of mining. Xstrata and one other firm tried hostile T/O at $1.28 and did not succeed. Have cash of over $80m in the bank which is 20 cps, sp trading at 30 cps. The mine has over 2.2 billion tons with some 16 million ounce of gold. One of the cheapest junior miners on the market.

Pls DYO research

disc: Doc is a shareholder of IRN

sounds to good to be true will have a closer look do you know if they have any hedges in place

[AMR]

Chart shows some serious dumping over the last 3 days. This is despite the rally in gold lately. Smells like fish.

[JBmurc]

---off hotcopper--
In the December 18 session on the TOCOM Goldman Sachs COVERED an absolutely gob-smacking 1,307 gold short contracts which reduces their short position to just 495 contracts and leaves their long position unchanged at 1,337 contracts and makes them NET LONG – REPEAT, NET LONG 842 contracts. This is an absolutely stunning development! This is the largest net long position they have held ever since I have been tracking the TOCOM data which is almost 3 years. Considering Goldman’s role in the Cartel and links to the Treasury this is of earth shattering significance. It should also be noted that for ANY trader to be buying 1.3 tonnes of gold in a single day it deserves attention, when it is Goldman Sachs it has special significance.
There are more and more signs that the gold market is about to make a very big upwards move.

--Yeah just seen the IRN chart been falling large when it should be rising on the back of the Gold price ????It's hard to find the perfect Jnr Goldie should have held on to my CXC

[Jess9]

JBMurc, are the above your words/analysis? Gold well through 1,500 USD would be a great kick-start for the juniors and get t/o and JV interest going again quickly. 2009 could be alot better for this (gold) industry.

[Mick100]

I'm not expecting gold to put in new highs until end of 09 to beginning of 2010. Nevertheless I expect gold shares to outperform during 2009
Relative to the price of gold they are way undervalued - they have a lot of catching up to do

[arco]

Nevertheless I expect gold shares to outperform during 2009
Relative to the price of gold they are way undervalued - they have a lot of catching up to do

Which are you favorites Mick?
and why?