Author Archives: Jas Rattan

About Jas Rattan

Precious metals and resource stock investor and tader. Also a (wannabe) futures trader.

Timmins Gold (TMM.v) On track to meet targets (I did say so!)

Timmins Gold came out with news today. Cash costs have been steadily reducing; and for the month of September were $488, and on track to produce 9000 ounces per month. That statement should be enough to alleviate any doubt about … Continue reading

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Continental Minerals (KMK.v)

Agreed to be Acquired by Jinshan on Spetember 17th for $2.60 a share, with 165.2M shares fully dilluted, excluding cash (to be paid as dividend to shareholders at 10 cents per share). Market Cap = $429.52M. On September 17th – … Continue reading

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Irish Bailout

Irish debt interest payments to reach 20% of tax revenues by 2013! Wow, your screwed! There is no way to repay this … Oh yeah, thats right, no government ever repays its debts, it either defaults or inflates it away! … Continue reading

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Gold price H&S pattern forming?

Anyone noticed this yet? This is exactly why I took profits on AVR.v, as it has a high Beta to the gold price. I would expect a measured move to the $1220’s if this plays out.

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Timmins Gold (TMM.v)

We should get some financial results this week from the management of Timmins Gold. They are currently tading at about 3.36x cash costs (at 96k/oz per year at LOM cash costs $450). Which is certainly on the cheapish side. I … Continue reading

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Avion Gold Corp (AVR.v) – SOLD!!

On Wednesday the company came out with their latest news, that their average costs per ounce of $498/oz. I do not think this is sustainable. I sold the lot at $1.25, I think it’s already had I good run, and … Continue reading

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Hello world!

Hi All Let the fun begin. Let’s make a fortune trading this bull market!!

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