OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

“GDX largest calls at 25.00, largest Puts 24.00…and miraculously we are trading 24.56 !!!!!!”

It’s a miracle! Once more the bad guys rob with impunity.

“leading indicator”

I think it’s got to be gold. If gold keeps going up it will have to drag the shares up with it. I think there’s lots of faint hearts-beaten silly mining investors selling their shares.

Save them trucking all the way to Republic over those snowy passes.

You’re right. Considering the nice jump in gold, the shares are looking wimpy.  Less volatility and moves that don’t make sense. Maybe its another reversal “of something” situation regarding the tweaking of programing of the computerized trading machines.

If I’m right about my “reversal” thesis, and my “you can’t get away with that anymore” thesis, then the price of gold silver and all other materials prices will NO LONGER BE MANIPULTED. My belief since 1975 is TPTB manipulated all raw material prices to, to help or support all the businesses that need materials to produce their product or widget.

Be it the Jewelry business, space and defense business, ship and aircraft building, retail food etc etc. Lets face it. If you are a saver or a producer, yo have been “fair game”. TPTB always punished those two groups. They only get temporary “air” so they don’t die totally. Miners farmers fabricators etc is always ben feast or famine. That was a bad situation, and it should be one of the reversals.

Miners are also lousy with the Dollar….it’s the effing option granters…..GDX largest calls at 25.00, largest Puts 24.00…and miraculously we are trading 24.56 !!!!!!

Meanwhile the SEC is glued to some porn channel.

http://finance.yahoo.com/quote/GDX/options?p=GDX

http://www.zerohedge.com/news/2017-02-23/okeefe-drops-bombshell-undercover-video-footage-within-fake-news-cnn

Nemo

The miners suck compared to the POG today.

Shipment of gold ore bound for the Port of Olympia

A shipment of gold ore is set to arrive at the Port of Olympia early Friday, the third new cargo at the port in the past two years, port officials announced Wednesday.

Other recent cargo handled by the port: dairy cows and organic corn. Regular cargo at the port is controversial fracking sand and raw logs.

When one thinks of gold, perhaps gold bars come to mind. But gold ore looks a bit like a pile of soil, Marine Terminal Director Len Faucher said.

The customer is Northern Ireland’s Dalradian Gold Ltd., which loaded the ship Trinity Borg with 15,000 tons of the stuff. Once the ship is here, the ore will be unloaded into dump trucks. The trucks will then dump the ore along the east side of the marine terminal. Faucher said a front-end loader will load trucks that will haul it to its final destination: a smelter in the Eastern Washington community of Republic.

cont. http://www.theolympian.com/news/business/article134379914.html

Good move on NAK yesterday, up nicely today!

Help us get rid of the looney tune dude in N. Korea, before he does something really stupid, and you can have the oil in China Seas.

We don’t need the oil. And the world does not need the nutso dictator in N. Korea.

China Prepares For “Regime Collapse” In North Korea

Over the weekend, following reports that China has banned all North Korean coal imports – in the aftermath of last week’s North Korean ballistic missile launch- which marked a troubling escalation in relations between the two formerly “amicable” nations, we discussed how China was tipping its hand that not only was Kim Jong-Un potentially losing a “very big ally”, but that it could also lead to “jeopady” for his regime, and a potential political coup in the generally unstable dictatorship.

Now, it appears that the likelihood of a regime collapse in North Korea is being taken seriously by none other than the country’s formerly largest trading partner, China, which as SCMP reports, “will take the necessary measures to safeguard national security in the event of the collapse of the neighbouring North Korean regime”, a defence official said on Thursday.

cont. http://www.zerohedge.com/news/2017-02-23/china-prepares-regime-collapse-north-korea

I may have exaggerated your Russian friend’s prognostication just a little…

Farmboy, I’ll need a little bigger day to get a double on the calls but I’m not too far off.

I do think if we bust $1250, we could potentially have a very nice move to the upside.

Never know.

The fishing may be successful … it depends on what you are fishing for … 😉

That was “Russian Ipso” he’s a different guy. 🙂

Bought more of it yesterday when down 12%. Guess I will buy more as they keep knocking it down. Eventually, if I am lucky, I might make some earnings or winnings on it. 🙂

I am worse than AuGirl during a sale at the shoe store. Just cant seem to help myself when a sale is going on. Probably some kind of support group for that. Will have to look into joining.

If CA slides into the sea then where are you gonna get your Brussels sprouts smart guy?

I’ll only do Hula if I get to wear one of those grass skirts.

NAK closed at $1.38 on Sept 16 2013, and fell to below $0.30 early in 2016. The lawsuit covers the period between September 16 2013 and February 14 2017, so there is potential for a large payout if lawsuit is successful. Just depends how many large shareholders are involved.

Seabridge Gold Confirms Sale of Castle-Blackrock Claims to Columbus Gold

http://finance.yahoo.com/news/seabridge-gold-confirms-sale-castle-190641679.html

New Gold Announces US$150 Million Bought Deal Financing

http://finance.yahoo.com/news/gold-announces-us-150-million-213153404.html

Sierra Metals to Spin Out Cautivo Mining as New Public Entity

http://finance.yahoo.com/news/sierra-metals-spin-cautivo-mining-220000974.html

Silvercorp reports 15%, 21% and 22% increases in proven and probable mineral reserves for silver, lead and zinc metal contents respectively, following 14.5 million ounces of silver production between July 2013 and June 2016 at the Ying silver-lead-zinc mining district

http://finance.yahoo.com/news/silvercorp-reports-15-21-22-220000686.html

IAMGOLD Reports 2016 Reserves of 7.8 Million Ounces and Measured and Indicated Resources of 23.3 Million Ounces

http://finance.yahoo.com/news/iamgold-reports-2016-reserves-7-221000477.html

IAMGOLD Reports Strong Operating Cash Flow, Up $276 Million (721%) in 2016

http://finance.yahoo.com/news/iamgold-reports-strong-operating-cash-221500802.html

Taseko Reports Fourth Quarter Operating Cash Flow of $50 Million

http://finance.yahoo.com/news/taseko-reports-fourth-quarter-operating-221700172.html

US Congressional Committee calls on EPA Administrator to withdraw Pebble Project veto

http://finance.yahoo.com/news/us-congressional-committee-calls-epa-222500889.html

Vista Gold Corp. Announces 2016 Results

http://finance.yahoo.com/news/vista-gold-corp-announces-2016-230000193.html

Avino Silver & Gold Mines Ltd. Fourth Quarter and Year End 2016 Financial Results to be released on Wednesday March 1, 2017

http://finance.yahoo.com/news/avino-silver-gold-mines-ltd-230800356.html

Wesdome Announces Fourth Quarter and Full Year 2016 Financial Results and Reserve and Resource Update

http://finance.yahoo.com/news/wesdome-announces-fourth-quarter-full-014225009.html

OceanaGold announces record revenue and net profit for 2016; declares dividend

http://finance.yahoo.com/news/oceanagold-announces-record-revenue-net-094800856.html

Torex Announces 2016 Year End Financial and Operational Results

http://finance.yahoo.com/news/torex-announces-2016-end-financial-110000533.html

Satori Increases Indicated Mineral Resources by 135% to 240,000 oz Gold at 6.32 g/t at Tartan Lake

http://finance.yahoo.com/news/satori-increases-indicated-mineral-resources-110000328.html

Alamos Gold Reports Fourth Quarter and Year-End 2016 Results

http://finance.yahoo.com/news/alamos-gold-reports-fourth-quarter-110000239.html

Teranga Gold Looks Ahead to Growth Opportunities in 2017 Following Strong Performance in 2016

http://finance.yahoo.com/news/teranga-gold-looks-ahead-growth-110500163.html

Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2016

http://finance.yahoo.com/news/alamos-gold-reports-mineral-reserves-111000545.html

Timmins Gold Provides Ana Paula Project Update

http://finance.yahoo.com/news/timmins-gold-provides-ana-paula-120000555.html

Mandalay Resources Corporation Replaces Mineral Resources and Reserves in Year-End 2016 Update

http://finance.yahoo.com/news/mandalay-resources-corporation-replaces-mineral-123000412.html

Golden Predator Commences 2017 Drill Program at 3 Aces; Named to TSX Venture Top 50(TM) List

http://finance.yahoo.com/news/golden-predator-commences-2017-drill-130000911.html

Kootenay announces strategic objectives for 2017

http://finance.yahoo.com/news/kootenay-announces-strategic-objectives-2017-140000927.html

Monarques signs an agreement with Osisko Gold Royalties Ltd

http://finance.yahoo.com/news/monarques-signs-agreement-osisko-gold-140500071.html

Well did Ipso or this Andrew fella have anything to say about how the fishing would be this weekend?

Figuring you get at least a double on those GG calls today. 🙂 Good job !

Up, Up and Away

for not forgetting me that is….

I have it on good authority from Ipso via Andrew MacGuire that all futures and options will be settled in cash at the close tomorrow. Gold and silver will then be reset to $3K and $100 over the weekend.

London Metal Exchange cuts deal with banks to propel gold futures

http://www.kitco.com/news/2017-02-23/London-Metal-Exchange-cuts-deal-with-banks-to-propel-gold-futures.html

Comment: These bankers have more twists and turns in their paper games than a white water trip down the Colorado river. Will they ever learn or cease and desist? Just keep stacking em is our best defense.