Peter Grandich’s Favorite Picks video is now working on the BNN website.
Agoracom Blog
BNN Video Now Working
Posted by
at 9:26 AM on Friday, November 6th, 2009
Here’s something worth listening to:
http://www.bornagainamerican.org/index.html
Thanks jojo – I enjoyed the video.
great video! glad i hold a few of them.
But i have a question for anyone…how on earth is gold touching 1100 and the market is green on unemployment numbers like this? it is mind boggling…im not complaining though.
That was ‘quality’ – Thanks!
could someone comment as what to do with hawthorne gold HGC.it has actually gone down during this rally.shud one sell at small loss and try to gain with a different stock?thanx all.
Agreed on Hawthorne. Some negatives are the dilution due to several financings. I think it also gave brokers the ability to cover all their shorts. I think they piled back in afresh to drive the price down.
Jim Puplava has talked several times about how the JR’s are run into the ground through a combo of shorts and financings.
The plan is to get the mines into production to self finance in the future. We just have to get there.
Management has done it before which is huge.
I think we also need some positive news, to drive the price, and burn up the short sellers to see it rise again.
Also, it does seem the crowd has moved on.
Sorry for rambling, if I’m wrong on any point please let me know.
posted by Milinkov on the stock synergy hub
Critical Path to Finalize Formation’s Idaho Cobalt Project Mine Plan Established
Fri Nov 6, 11:47 AM
* Email Story
* IM Story
* Printable View
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 6, 2009) – Formation Capital Corporation (TSX: FCO.TO) (the “Company”) is pleased to announce that a very productive meeting was held in Ogden, Utah, on November 03, 2009, between representatives of the United States Department of Agriculture Forest Service (the “Forest Service”) and Company representatives. All substantive issues surrounding the Company’s Mine Plan of Operations (the “MPO”) for its 100% owned Idaho Cobalt Project (the “ICP”), including reclamation bonding requirements, were addressed.
At the conclusion of the day-long meeting, key representatives from both the Company and the Forest Service had established the critical tasks required to finalize the ICP’s MPO. The preparation of the paperwork to complete these tasks is in progress and the Company is optimistic that this can be completed by the end of November.
“We are very pleased with the outcome of the meeting and appreciate the Forest Service’s willingness to meet and work with us on these last remaining issues,” stated Mari-Ann Green, Chairman and CEO of Formation Capital Corporation, who was present at the meeting. “These developments will assist the Company’s efforts to secure the necessary funding for project development.”
Formation Capital Corporation is dedicated to the principles of environmentally sound mining and refining practices, and believes that environmental stewardship and mining can co-exist. The Company trades on the Toronto Stock Exchange under the symbol FCO.
Formation Capital Corporation
Mari-Ann Green, C.E.O.
The statements contained in this news release in regard to Formation Capital Corporation that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Formation Capital Corporation’s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate, commodity price and marketplace changes.
Contacts
E.R. (Rick) Honsinger, P.Geo.
Formation Capital Corporation
V.P. Corporate Communications
604-682-6229
604-682-6205 (FAX)
inform@formcap.com
Sorry that was IvanB that posted fco news
Ryan,
It’s the market’s reaction that matters – and it’s saying it wants to go higher. At least for now…..
OK, here’s the Wall Street logic. A weak (jobless) recovery means low interest rates to continue – free money to invest.
Klaus,
I agree with what you said about Wall Street Logic and free money to invest.
But where do folks like us get free money to invest? It’s too late to suck the equity out of our home from a stupid bank and then default on it and let Barack & Co bail out the stupid bank on our behalf with our neighbors tax dollars!
Who else honored Guy Fawkes Day yesterday by watching V for Vendetta?
Regards,
Roger.
from an AFP article:
“The Central Bank of Sri Lanka has announced that it is buying gold to diversify its reserves,” industry body the World Gold Council (WGC) said in a statement issued before gold struck a record high of 1,101.42 dollars.
Roger,
My line of credit is at 4%. That’s almost free…
johnny,
HGC is closing a financing right now. They were hoping to close the second tranche today. I am hoping that next week we see a bit of a pop once this is not putting a lid on the stock.