Red sky at morning

At the point  where   use permits needed  reissued  placer  was  shut  down and  repaired  for a move to  a planned  leach pad  level. It meant   no cash was being  produced at all  and   momentum began for  a  valid JV offer  if  recall the  2  time lines  for slow and fast  development.  Took until just now to see  was none offered worth taking  so now  the move  is to use the  exact same  disturbance usage allowed as the old placer and mill with a  270 shift  to  down hill from right to left. Also took optnty  to  rebuild  much larger  ponds  with same usage  replacing  what  were  the small available  stock tanks there in  2011  Rancho move  in.  Now  ponds  are  near done ( I’ve  not been told lined but  forgot to ask tho very  quick to do) last piece  the new  wash screen  on Tuesday delivery if  the old  load hopper and sizing   in place is simply  a matter of loading the  quartz stock  zone  material .  That done  be  about a 10 day shift  to process the  output  and see how they will do more than  doubled  through put. It  took a  realatively small cash  and loan placement but sized   pretty  large  due the PPS.  Appreciate the pretty decent  question. Most  things you  find actually have  a  good reason  why.

Was  now driving  to S Cal to check out  equip sales yards  before  back to small JV  AZ  meetings  before  heading  down  and  clearing  a trailer held at  customs.  AZ screen arrives  Tue and was the ONLY missing placer part. Large container  turned out to be  for me to complete  my  N Sea  Gold  buy in  for self.  Julio has been back to Mex City on  the blast permit and expedites  as much as  they can.  Are  using  serious help on that.  Best news is very appreciative of  last week’s strong  support so before ANY more  shares  sold he  waits on  the Tucson meeting  which if  agreed to solves Immediate   shaft  development  cost and  qualified miners.  Is  driving  down parts  for  equipment in repair  at  Rancho.  In all out of the lack of a  qualified  JV partner plan is  set to go placer,shaft, veins  and plan the open pit and pads . He simply can not comment on  the San Felix  as exactly as the  Louts have nasty  things  to input  reading here? So do the  actual name known enemies who KNOW what is happening and  want to prevent it. Seems to connect  the  2 groups, EH?  Radical terrorist  by any name.  Want  to slit  our throat and call it freedom of speech on line. Sob story   sis and mom starving in the street  just  shouldna  hadanta oughtana  had been here.  PR perhaps  week 10 days to an update but if  small JV? I’d expect quick news.

Like to tell the jokers the Cessna is HIS bill and is  being  completed  his cost  but  it gains  us DAYs of his  time  at the gas expense exactly  as  pick up truck today and  tomorrow on business EVERY good miner  I know would love to be able  to pilot self. And I know NONE others.  Weep in yo beers at  zero Mexus  expense.  8

 

Old  wag’s  saying  (  wit, joker)

Sailors take  warnng.

  80% true beats   any  wild assed  guess. 8

“The “January Barometer” is a popular stock market indicator devised by Yale Hirsch in 1972, editor-at-large of the Stock Trader’s Almanac.

The premise is simple. As the S&P 500 goes in January, so goes the year.

If the S&P 500 is up at the end up January that foretells of a bullish year for stocks, and on the flip side if the S&P 500 is down at the end of January that warns of bearish year in stocks.

Let’s look at the numbers as January comes to an end:

  • The S&P closed out January down 3%,
  • nearby Comex gold futures gained 8% year-to-date.

A pullback, correction or bear market in stocks could send more investors into the safety of gold. Stay tuned. The year is just getting started. “

http://www.kitco.com/ind/Brecht/2015-01-30-January-Barometer-Flashes-Red-Stock-Market-Warning-Signal.html

2 thoughts on “Red sky at morning”

  1. We remain loyal shareholders. Paul continues to do what is best for the shareholders. He could choose to do otherwise and turn his back on us, but that would not be him. He could easily take the money and run, but again, not likely with him.

    We anxiously await progress, we actively watch as the plan comes together.

    Tomorrow, I’ll just root on my local Seahawks, it’s a day off from the gold market. I’ll eat too much and imbibe the local microbrews. Work it off at the club on Monday morning.

    Monday and beyond, we go back at it.

    EA, your updates are important and generous on your part.

    Thank you.

    1. Like PT I work for nothing more than a PPR rise with production. Any buy in makes me zilch but keeps operation on going. What he does say about Trinidad/San Felix will fill a book some point. CSI: Caborca. XLIX? Tale of 2 coast cities. Worst of best or best of worst of recent times IAW Potus. I’d check Obama’s severe CIC underinflation. Looking damn flat to my eye. 8

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