Saturday, May 5, 2012

Triple Your Money in a Year With This Trade

Here is my first video. I feel strongly that a position in the 2013 Silver Wheaton warrants will pay off considerably, potentially 300 percent gains in a year or less!

Always do your due diligence when investing and good luck. I am long SLW and the '13 warrants.







Thursday, May 3, 2012

Sandstorm Gold Releases Great 1Q Results

Another great quarter for this gold streaming company. I've been in since .65 cents and have no intentions of selling anytime soon!
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Sandstorm Gold Recognizes Record Gold Sales and Operating Cash Flow of US$9.3 Million

 Vancouver, British Columbia, May 3, 2012 - Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (TSX-V:SSL) is pleased to announce its unaudited results for the first quarter ended March 31, 2012 (all figures in U.S. dollars).

First Quarter Highlights
  • Record operating cash flow of $9.3 million.
  • Record gold sales of 7,946 ounces.
  • Average cash cost per ounce1 of $314 resulting in cash operating margins of $1,380 per ounce.
  • Sandstorm entered into a revolving credit agreement to borrow up to $50 million, which remains undrawn.
"The first quarter proved to be another record quarter in terms of gold sales and cash flow," said President & CEO Nolan Watson. "As our cash balance continues to grow, we are better positioned to complete additional gold streams..."

Read more - www.sandstormgold.com
 

Primero Mining Posts Solid 1Q

How this stock is still under $3 a share is beyond me.

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First Quarter Highlights:
--  Improved Earnings and Cash Flow: Adjusted 
    net earnings of $18.8 million ($0.21 per share) 
    were improved from $1.6 million ($0.02 per share) in
    2011 and operating cash flow before working capital 
    changes increased to $21.3 million ($0.24 per share) 
    from outflows of $1.2 million (-$0.01 per share) in 2011; 
    prices to commence in May.
 
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Cash Position Continues to Grow


 The Company's cash position increased to $86.3 million 
 at March 31, 2012(after paying the initial $9.4 million
 principal and interest payment on the promissory note held 
 by a subsidiary of Goldcorp Inc. in January) from the December 31, 
 2011 balance of $80.8 million. The Company continues to invest in organic 
 growth while building on its balance sheet strength 
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Expecting big things from Joe Conway (formerly CEO of IAMGOLD) and Primero. 
I am long Primero(Quote - PPP).