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XMFSinchiruna (26.58)

November 2011



Great Panther still on track to build reserves to 40m SEOs

November 30, 2011 – Comments (7) | RELATED TICKERS: GPL

With the market so intently focused upon Great Panther's unanticipated delay in its bid to increase production to 3.8m SEOs, I believe it has overlooked the fact that the reserve-growth portion of the growth plan remains on track to increase reserves to 40m SEOs. Ongoing exploration continues to expand mineralization in all the right places, and with spare processing capacity waiting in the wings the company remains poised to deliver the production growth ... albeit with an obvious delay from the initial timeline.  [more]



The Ultimate Reality Check for Gold and Silver

November 25, 2011 – Comments (14) | RELATED TICKERS: PPP

Any and all commodity investors will want to pay very close attention to this surprisingly quiet development from earlier this week:  [more]



Call for Suggestions: 4 Years of CAPS blogs

November 23, 2011 – Comments (18)

Hi Fools, I'm planning to draft a retrospective look at highlights from the past 4 years that I've been blogging here at TMF CAPS. The purpose of this post is to seek suggestions from you as to which posts stand out as some of the more memorable discussions we've enjoyed as a community.  [more]



Jaguar's Pounce and the Remaining Bargains in Gold

November 17, 2011 – Comments (0) | RELATED TICKERS: JAGGD , CLGRF , PZG

Wednesday's reported $1 billion offer for Jaguar Mining by China's Shandong Group is far more than just a lucky reprieve for underwater investors in the stock ... it's a precedent-setting development that requires investors to take mineral resource inventories seriously as a major component of any effort to assign realistic valuations to mining and exploration stocks.  [more]



The Greatest Turnaround Stories are Worth Waiting For

November 16, 2011 – Comments (28)

Although gold could launch to new highs without a moment's notice, and the associated mining shares are drastically overdue for a monster rally, as of mid-November my bullish call for Brigus Gold appears unlikely to bear fruit during 2011.  [more]



Endeavour Silver and the Art of Perfection

November 07, 2011 – Comments (20) | RELATED TICKERS: EXK , GPL , PPP

Hope you all enjoy my write-up on Endeavour Silver, which recounts my observations during a recent tour of their Guanajuato operations.  [more]



Primero's Ludicrous Valuation

November 04, 2011 – Comments (22) | RELATED TICKERS: PPP

For goodness sake, the company has $107.2m in cash and equivalents!!! The market cap is $276m, or $170m adjusted for cash. The carried value of the mine itself is $485.6 million, similar to the $500m they paid Goldcorp for it in a properly valued transaction that sees GG retaining a major equity stake in Primero. So even without considering any of the company's ridiculous exploration upside, the company's bare-bones book value stands about 2.2X the current share price ... or approaching $7 per share.  [more]