History's Top 10 F's…..
10th - "Scattered f***ing showers, my ass!" - Noah, 4314 BC
9th - "How the f*** did you work that out?" - Pythagoras, 126 BC
8th - "You want WHAT on the f***ing ceiling?" - Michelangelo, 1566
7th - "Where did all those f***ing Indians come from?" - Custer, 1877
6th - "It does so f***ing look like her!" - Picasso, 1926
5th - "Where the f*** are we?" Amelia Earhart, 1937
4th - "Any f***ing idiot could understand that." - Einstein, 1938
3rd - "What the f*** was that?" - Mayor Of Hiroshima, 1945
2nd - "I need this parade like I need a f***ing hole in the head!" - JFK, 1963
AND ... drum roll please ... The Number 1 most appropriate time for using the "F" word:
"Aw c'mon. Who the f*** is gonna find out?" - Tiger Woods, 2009
Monday, March 15, 2010
Monday, March 8, 2010
-Gold, copper juniors poised to shine in 2010
RPT-BAY STREET-Gold, copper juniors poised to shine in 2010
07:15 EST Monday, March 08, 2010
(Repeats to widen distribution)
* Exploration spending likely to rebound in 2010
* More M&A likely as equity markets return to normal
By Euan Rocha
TORONTO, March 6 (Reuters) - Shares of gold and copper exploration companies are the most likely to shine in the Canadian junior mining sector this year, as large miners raise their exploration budgets and scout for promising projects.
Small-cap stocks on the TSX Venture exchange enjoyed a strong run last year with the S&P/TSX Venture Composite Index <.SPCDNX> gaining more than 90 percent through the course of the year.
While 2010 is unlikely to be a banner year for the sector as a whole, analysts say companies with advanced copper projects and those with promising gold assets will probably outpace the pack.
"We like the overall environment for the junior mining space," said Canaccord Adams analyst Wendell Zerb. "But we see 2010 as being more mixed, mostly because you typically don't just have everything go straight up -- you do have periods of volatility."
Zerb argues that above-average metal prices and a low interest rate environment bode well for the sector, while the overall weakness in the U.S. dollar translates into support for dollar-denominated metal prices.
The price of gold, which peaked in December at over $1,200 an ounce, continues to trade at historic highs, while the price of copper has rallied after the commodity crash of 2008 to well above $3 per pound.
"There has been a lot of interest in advanced copper assets and there also interest in gold-copper assets," said Zerb, who touts the prospects of Exeter Resource and Copper Mountain .
Exeter owns the Caspiche gold-copper deposit in Chile, adjacent to Barrick's Cerro Casale and Kinross Gold's Maricunga deposits. Copper Mountain has already begun construction at its namesake project in the Canadian province of British Columbia, with copper production expected to begin in April 2011.
FOCUS INTENSIFIES
The focus on small-cap miners will intensify as large players race to secure promising assets. Barrick's recent suit against Goldcorp over the El Morro copper-gold project in Chile points to the looming scramble for assets. [ID:nN13225887]
Moreover, the global economic crisis and credit crunch forced most majors to slash capital expenditure spending last year. The Metals Economics Group estimates that exploration spending plummeted 42 percent to $7.7 billion in 2009.
"We expect to see a rebound in exploration spending in 2010 and more interest on the part of producing companies to look very closely at high quality juniors," said Dundee Securities analyst Ron Stewart.
Hundreds of juniors will vie to attract the interest of investors and large miners at the upcoming PDAC Convention, one of the sector's largest annual gatherings that opens in Toronto on Sunday.
INCREASED M&A
The return to normalcy in equity markets and a slew of equity financings through 2009 have led analysts to believe that we will see more M&A deals in 2010.
"In a vibrant equity market joint venture deals, where majors option into a project are less common than equity stakes, or acquisitions," said Stewart.
Versant Partners analyst Anthona Curic sees Far West Mining , which owns the Santo Domingo project in Chile, as a potential takeover target. Quadra Mining has already acquired an 8 percent stake in the company.
Curic also touts the prospects of Nevada Copper , which owns the Pumpkin Hollow copper project in the United States. Capstone Mining has bought an 11 percent stake in the exploration company.
"We didn't see an overwhelming amount of M&A transactions last year. But now that everyone is a little bit more comforted with the economic environment, companies will start looking at their growth profile," said Curic. (Reporting by Euan Rocha; Editing by Frank McGurty)
©2010 CTVglobemedia Publishing Inc. All rights reserved.
07:15 EST Monday, March 08, 2010
(Repeats to widen distribution)
* Exploration spending likely to rebound in 2010
* More M&A likely as equity markets return to normal
By Euan Rocha
TORONTO, March 6 (Reuters) - Shares of gold and copper exploration companies are the most likely to shine in the Canadian junior mining sector this year, as large miners raise their exploration budgets and scout for promising projects.
Small-cap stocks on the TSX Venture exchange enjoyed a strong run last year with the S&P/TSX Venture Composite Index <.SPCDNX> gaining more than 90 percent through the course of the year.
While 2010 is unlikely to be a banner year for the sector as a whole, analysts say companies with advanced copper projects and those with promising gold assets will probably outpace the pack.
"We like the overall environment for the junior mining space," said Canaccord Adams analyst Wendell Zerb. "But we see 2010 as being more mixed, mostly because you typically don't just have everything go straight up -- you do have periods of volatility."
Zerb argues that above-average metal prices and a low interest rate environment bode well for the sector, while the overall weakness in the U.S. dollar translates into support for dollar-denominated metal prices.
The price of gold, which peaked in December at over $1,200 an ounce, continues to trade at historic highs, while the price of copper has rallied after the commodity crash of 2008 to well above $3 per pound.
"There has been a lot of interest in advanced copper assets and there also interest in gold-copper assets," said Zerb, who touts the prospects of Exeter Resource and Copper Mountain .
Exeter owns the Caspiche gold-copper deposit in Chile, adjacent to Barrick's Cerro Casale and Kinross Gold's Maricunga deposits. Copper Mountain has already begun construction at its namesake project in the Canadian province of British Columbia, with copper production expected to begin in April 2011.
FOCUS INTENSIFIES
The focus on small-cap miners will intensify as large players race to secure promising assets. Barrick's recent suit against Goldcorp over the El Morro copper-gold project in Chile points to the looming scramble for assets. [ID:nN13225887]
Moreover, the global economic crisis and credit crunch forced most majors to slash capital expenditure spending last year. The Metals Economics Group estimates that exploration spending plummeted 42 percent to $7.7 billion in 2009.
"We expect to see a rebound in exploration spending in 2010 and more interest on the part of producing companies to look very closely at high quality juniors," said Dundee Securities analyst Ron Stewart.
Hundreds of juniors will vie to attract the interest of investors and large miners at the upcoming PDAC Convention, one of the sector's largest annual gatherings that opens in Toronto on Sunday.
INCREASED M&A
The return to normalcy in equity markets and a slew of equity financings through 2009 have led analysts to believe that we will see more M&A deals in 2010.
"In a vibrant equity market joint venture deals, where majors option into a project are less common than equity stakes, or acquisitions," said Stewart.
Versant Partners analyst Anthona Curic sees Far West Mining , which owns the Santo Domingo project in Chile, as a potential takeover target. Quadra Mining has already acquired an 8 percent stake in the company.
Curic also touts the prospects of Nevada Copper , which owns the Pumpkin Hollow copper project in the United States. Capstone Mining has bought an 11 percent stake in the exploration company.
"We didn't see an overwhelming amount of M&A transactions last year. But now that everyone is a little bit more comforted with the economic environment, companies will start looking at their growth profile," said Curic. (Reporting by Euan Rocha; Editing by Frank McGurty)
©2010 CTVglobemedia Publishing Inc. All rights reserved.
Friday, March 5, 2010
Makes ya think..
Why is the man who invests all your money called a broker?
Why do croutons come in airtight packages? Aren't they just stale bread to begin with?
Why is a person who plays the piano called a pianist but a person who drives a race car not called a racist?
Why are a wise man and a wise guy opposites?
"I am" is reportedly the shortest sentence in the English language. Could it be that "I do" is the longest sentence?
If lawyers are disbarred and clergymen defrocked, doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked, and dry cleaners depressed?
What hair color do they put on the driver's licenses of bald men?
I was thinking about how people seem to read the Bible a whole lot more as they get older; then it dawned on me... they're cramming for their final exam.
I thought about how mothers feed their babies with tiny little spoons and forks, so I wondered what do Chinese mothers use? Toothpicks?
Why do they put pictures of criminals up in the Post Office? What are we supposed to do, write to them? Why don't they just put their pictures on the postage stamps so the mailmen can look for them while they deliver the mail?
If it's true that we are here to help others, then what exactly are the others here for?
Ever wonder what the speed of lightning would be if it didn't zigzag?
Why do croutons come in airtight packages? Aren't they just stale bread to begin with?
Why is a person who plays the piano called a pianist but a person who drives a race car not called a racist?
Why are a wise man and a wise guy opposites?
"I am" is reportedly the shortest sentence in the English language. Could it be that "I do" is the longest sentence?
If lawyers are disbarred and clergymen defrocked, doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked, and dry cleaners depressed?
What hair color do they put on the driver's licenses of bald men?
I was thinking about how people seem to read the Bible a whole lot more as they get older; then it dawned on me... they're cramming for their final exam.
I thought about how mothers feed their babies with tiny little spoons and forks, so I wondered what do Chinese mothers use? Toothpicks?
Why do they put pictures of criminals up in the Post Office? What are we supposed to do, write to them? Why don't they just put their pictures on the postage stamps so the mailmen can look for them while they deliver the mail?
If it's true that we are here to help others, then what exactly are the others here for?
Ever wonder what the speed of lightning would be if it didn't zigzag?
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