Tuesday, September 30, 2014

ZH: Another Conspiracy Theory Becomes Fact: The Fed's "Stealth Bailout" Of Foreign Banks Goes Mainstream.

ZeroHedge.

End Gold Manipulation: The Stunner From Today's Round Table Debate To "Fix" The London Gold Fix. $TNR.v $MUX $GLD $ABX



 

Jim Puplava: The Swiss Gold Initiative With Luzi Stamm, Member of the Swiss National Council $TNR.v $MUX $GLD $GDX



  "Jim Puplava discusses the groundbreaking developments in Switzerland where the real democracy can be in action now. Even debates about the Gold and Money Printing will be unprecedented on the national level and if this decision finds the support of the people Central Planers will be in horror."



End Gold Manipulation: The Stunner From Today's Round Table Debate To "Fix" The London Gold Fix.






ZeroHedge:


Another Conspiracy Theory Becomes Fact: The Fed's "Stealth Bailout" Of Foreign Banks Goes Mainstream



Back in June 2011, Zero Hedge first posted:
which we followed up on various occasions, most notably with
With the following key chart:
Of course, the conformist counter-contrarian punditry, for example the FT's Alphaville, promptly said this was a non-issue and was purely due to some completely irrelevant microarbing of a few basis points in FDIC penalty surcharges, which as weexplained extensively over the past 3 years, has nothing at all to do with the actual motive of hoarding Fed reserves by offshore (or onshore) banks, and which has everything to do with accumulating billions in "dry powder" reserves to use for risk-purchasing purposes (alas understanding that would require grasping that reserves are perfectly valid collateral to use as margin against purchase of such market moving products as e-mini futures, which in turn explains why traders usually don't end up as journos).
Fast, or rather slow, forward to today when none other than the WSJ's Jon Hilsenrath debunks yet another "conspiracy theory" and reveals it as "unconspiracy fact" with "Fed Rate Policies Aid Foreign Banks: Lenders Pocket a Spread by Borrowing Cheaply, Parking Funds at Central Bank"
Wait... the Wall Street Journal said that? Yup. Read more on ZeroHedge."

Wednesday, September 24, 2014

Kirill Klip.: International Lithium And Ganfeng Lithium: Avalonia Lithium Project, Ireland.




Kirill Klip.:


International Lithium And Ganfeng Lithium: Avalonia Lithium Project, Ireland.



 I would like to present to your attention our Avalonia Lithium project in Ireland today. Now we are back on the ground advancing this J/V with Ganfeng Lithium - one of the top world-wide lithium producers from China. 
  Ganfeng Lithium is closing its purchase of lithium battery maker in China and International Lithium will become part of this vertically integrated lithium business. You can learn more from the materials below and always visit our website for the latest information. You can find me on LinkeIn and Twitter to engage in conversation.
  Recent world-wide public awareness about the climate change and lithium technology advance demonstrated by Tesla Motors, present to us the unique opportunity to capitalise on this trends advancing the development of lithium supply chain. The largest world auto-market is based now in China. The Chinese Premier has announced the war on pollution and electric cars are at the forefront of this development. Our strategic partnership with Ganfeng Lithium opens the doors for our company to participate in these global development in electrification of our transportation.

"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are excited to spearhead this international collaboration and program that sets a precedent for sourcing metals that are imperative to the advancement of mobile devices, electric vehicles and alternative energy. The demand for Lithium is continually on the rise and there are shortage concerns which could impede on the growth of the green technology sector worldwide. The Irish government has taken this risk very seriously and pledged to facilitate the advancement of lithium production as part of an initiative to improve strategic metal supply chains. Together with Ganfeng Lithium, ILC has the opportunity to be part of this development and we are optimistic that we have a new potential source for the lithium battery supply chain".


Mr. Wang Xiaoshen, Vice Chairman/ VP, Ganfeng Lithium Corp. notes, "Recent news that corporations such as Tesla and Panasonic are making significant commitments to build gigafactory battery plants will significantly impact the demand for Lithium. Similarly the Chinese market will become increasingly more important to companies like Tesla in the near future. These two reasons make BLL an ideal prospect for the lithium industry."

International Lithium Corp. Begins Reconnaissance Program and Renames Blackstairs Lithium Project, Ireland.




China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.



“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.




International Lithium:


International Lithium Corp. Begins Reconnaissance Program and Renames Blackstairs Litihum Project, Ireland

    Vancouver, B.C. September 17, 2014: International Lithium Corp. (the "Company" or "ILC") (TSX VENTURE:ILC.V) is pleased to announce the commencement of the first phase of a EUR€1,600,000 (approximately CAN$2,300,000) exploration program on the newly named Avalonia Lithium project located in Leinster province of southeastern Ireland. Pursuant to the Option Agreement announced on March 19, 2014 and Company News Release dated July 30, 2014, strategic partner Ganfeng Lithium Co. Ltd. ("Ganfeng or "GFL") has advanced EUR€500,000 (approximately CAN$725,000) for the first phase of the program.

    The first cash advance of the multi-phase program will be used to conduct regional scale geological mapping and geochemical surveys in preparation for drill target selection. Crews are now on-site. The newly acquired results will be compiled with existing data and known mineralized occurrences to prioritize exploratory drilling and resource delineation drilling in subsequent phases. ILC is manager of the project and will receive a management fee of up to 10% of the exploration expenditures.

    In respect of the expanded scale of the target area, the Company has elected to choose a name for the project that better reflects the potential for a significant lithium discovery within the over 50 kilometre strike length of the East Carlow Deformation Zone and the associated Leinster granites that host the lithium bearing pegmatites. The project will now be known as the Avalonia Lithium project.

    The name is derived from an ancient micro-continent called Avalonia which, during the closing of the Iapetus Ocean (the Caledonian orogeny), collided with the European continent (Baltica) and the North American continent (Laurentia). The collision created a deep extensive suture zone (Iapetus suture zone) well recognized as an excellent structural domain to produce Li and Rare Metal enriched pegmatite bodies. The suture extends from Norway to the British Isles, Southeast Ireland, Newfoundland, and the Eastern USA where the suture zone is known to host the Kings Mountain and Bessemer City lithium mines.

    The Avalonia Lithium project's Li and Rare Metal enriched pegmatite field is situated along the highly prospective Southeast Ireland segment (the East Carlow Deformation zone) of the Iapetus suture zone.

    About the Avalonia Lithium Project


    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.


    Wednesday, September 17, 2014

    Martin Katusa: End of Petrodollar - Russia to Help Kill U.S. Dollar.




    Rob McEwen Live On Gold, Silver And Los Azules Copper Potential Value Based on Lumina Copper Buyout.





    Jim Rickards & Peter Schiff Discuss Global Gold Markets. $TNR.v $MUX $GLD $GDX $RGLD $ABX


      "Jim Rickards and Peter Schiff are explaining the complex global geopolitical situation as the part of the ongoing Currency Wars leading to The Death Of Money. BRICS Bank is the very important development among these very difficult economical and financial issues and its rising as alternative to IMF will play the very important role in the destiny of US Dollar and Gold."

    Jim Puplava: The Swiss Gold Initiative With Luzi Stamm, Member of the Swiss National Council $TNR.v $MUX $GLD $GDX



      "Jim Puplava discusses the groundbreaking developments in Switzerland where the real democracy can be in action now. Even debates about the Gold and Money Printing will be unprecedented on the national level and if this decision finds the support of the people Central Planers will be in horror."



    Friday, September 12, 2014

    Rob McEwen Live On Gold, Silver And Los Azules Copper Potential Value Based on Lumina Copper Buyout.

      

      We have the opportunity to listen to Rob McEwen today: a lot of investors will be surprised that GDXJ has outperformed S&P this year. Despite of despair in the Gold market place the Gold performance and Gold miners performance is changing this year and Gold miners are leading the Gold. As you know, we are following Los Azules copper here with TNR Gold, today you can appreciate the potential value of this asset based on Lumina Copper buyout. Rob McEwen finally started to promote Los Azules: "... Soros moves to Argentina ... Lumina Copper was bought out ... there is an asset there which we will continue to market."




    Acquisitions signal a turning market for miners. Canadian Junior TNR Gold holds back-in right into one of the largest copper deposits in the world.


    "Los Azules is a unique, long-life, copper mining opportunity in Argentina," commented Kirill Klip, Non-Executive Chairman of TNR. "Recent acquisitions, which include the Las Bambas copper mining project in Peru acquired by Minmetals Group from China and the Taca Taca copper deposit in Argentina acquired by First Quantum Minerals, confirm there is significant value to be realized for projects in this region. We are pleased that large-scale, capital intensive projects like Los Azules are attracting attention from global mining companies, increasing our ability to monetize our portion of the asset."

    Soros Bets Big on Argentina Shale



    Please read carefully my legal disclaimer.



    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.


    Friday, August 29, 2014

    Acquisitions signal a turning market for miners. Canadian Junior TNR Gold holds back-in right into one of the largest copper deposits in the world.


    Kirill Klip, TNR Gold Corp. Chairman and avid electric car and green technology supporter.



    Wall Street Journal:

    Acquisitions signal a turning market for miners


    Canadian Junior TNR Gold holds back-in right into one of the largest copper deposits in the world

    VANCOUVER, British Columbia, Aug. 28, 2014 (GLOBE NEWSWIRE) -- A wave of optimism is sweeping through the mining industry, as a series of high-profile acquisitions suggest a new trend of asset-purchases is emerging and an active hunt for copper and gold properties is underway.
    It has been a steep slide from the highs of 2010, which saw mining contribute $36 billion to Canada's GDP (Mining Association of Canada, 2011 Facts and Figures).
    However, recent deals have brought interest back to the market. These include the acquisition of Osisko Mining Corp. ($3.7 billion), Augusta Resource Corp. ($555 million), and Sulliden Gold Corp. ($300 million), all of which have helped push the 2014 total to more than 40 deals worth over $7 billion.
    For junior and mid-tier companies, First Quantum Mineral's recent acquisition of Argentina-focused Lumina Copper Corp. is a leading indicator. The $470 million deal, centered on junior miner Lumina's highly promising Taca Taca copper project (120 kilometres east of the Escondida, the world's largest producing copper mine), has spurred interest in companies with similar assets across the Americas. The purchase sets a much-needed price benchmark, an essential gauge in a market now accustomed to good companies with reduced market caps and undervalued assets.
    McEwen mining, an aspiring gold and silver producer whose Los Azules copper deposit lies in close proximity to Taca Taca, feels the timing is near for its project. In a press release dated July 17, 2014 President Rob McEwen notes "With First Quantum acquiring Lumina Copper and their Taca Taca project, Los Azules moves to the forefront in terms of world-class, underdeveloped, high-grade copper assets not owned by a major mining company. As we have said in the past, Taca Taca serves as a good proxy for the value of Los Azules and we believe this transaction demonstrates value in projects located in Argentina."
    One of the world's largest underdeveloped copper deposits, the Los Azules is an advanced-stage, high-grade porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina. The open pit project contains 14.3 billion pounds of inferred copper and 5.4 billion pounds indicated.
    Like Lumina Copper Corp., Vancouver-based junior exploration company TNR Gold Corp. (TSX-V:TNR) is also well-positioned for the copper turnaround. The company secured interests near the Andean Copper Belts in Argentina and holds a claim to the Los Azules project. After a lengthy legal battle between TNR and McEwen, TNR was granted a back-in right to Los Azules in November 2012. The right is exercisable following the completion of a feasibility study and allows TNR to back-in for 25% of the northern part of the property, which McEwen said contains the largest share of the known resource.
    The advantage for TNR is that it doesn't assume any risks for Los Azules, nor does it need to raise any funds until a feasibility study is complete.

    "Los Azules is a unique, long-life, copper mining opportunity in Argentina," commented Kirill Klip, Non-Executive Chairman of TNR. "Recent acquisitions, which include the Las Bambas copper mining project in Peru acquired by Minmetals Group from China and the Taca Taca copper deposit in Argentina acquired by First Quantum Minerals, confirm there is significant value to be realized for projects in this region. We are pleased that large-scale, capital intensive projects like Los Azules are attracting attention from global mining companies, increasing our ability to monetize our portion of the asset."
    McEwen withdrew the Los Azules project from sale in June 2013, avoiding a depressed market price. However, as McEwen noted on the company's Q2 earnings call, the project could soon be back up for sale: "The recent sale of Lumina Copper is very encouraging and not only signals that big projects in Argentina are again becoming attractive but it also provides a measure of the value of the Los Azules project. This and other sales suggest Los Azules has a value of approximately US$300 million and represents a source of future liquidity."
    Lumina Copper's stock value climbed from $3 to nearly $11 in three months in response to the acquisition. This is an encouraging sign for properties such as Los Azules, located in close proximity and containing a considerable resource.
    With Los Azules moving to the top of the M&A list, TNR is focusing on monetizing the asset and furthering the success of its lead generator business model. The company successfully applied this model in 2010 and 2011, when it identified the Mariana lithium brine and Blackstairs lithium pegmatite projects, which became key to the formation of International Lithium Corp--a company partnered with China's Ganfeng Lithium and which TNR owns a 25.5% stake in.
    TNR also plans to attract a strategic partner for its 100% Shotgun gold project in Alaska and is seeking strategic partners for its rare earth element project in Canada.
    According to TNR President Gary Schellenberg, the company sees encouraging signs in the market to support its lead generator model. "Our ultimate plan is to develop a portfolio of projects and market them to end product users or developers who will de-risk the projects for our shareholders by spending the early exploration and development capital. Thus being less reliant upon the equity markets."
    When TNR and Lumina secured interests in Argentina's Andean copper belt, the market was projecting a dropping copper demand from China. Many analysts failed to take into account that demand has continued to rise while the refined market ran into a deficit. The result was a hit for Lumina, whose early exploration and development caught the upswing for copper demand.
    For TNR, the rapidly advancing communications and technology sectors are a strong sign that senior producers are on the hunt for large copper deposits. And with a share price considerably lower than McEwen's and a 25% stake in one of the world's largest copper deposits, TNR is sitting in a strong position to attract investors looking to benefit from the acquisition upswing.
    Kirill likes to reference what he calls the "Las Bambas effect" (in reference to Minmetal's purchase of Glencore's Peruvian mine for $5.85 billion). This effect, most recently seen in First Quantum's purchase of Taca Taca, is a snowballing interest in high-quality projects and is a promising sign of renewed market interest in copper.
    With a strong demand for commodities highlighting the value of projects like Taca Taca and Los Azules, it looks like the market for strategically placed assets is now rebounding off 2013 lows.
    CONTACT: Manager Corporate Communications 
             Caroline Klukowski 
             Phone: (604) 687-7551 
             E-mail: ck@tnrgoldcorp.com
    
    

    Please read carefully my legal disclaimer.



    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.