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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@MiningBookGuySudan, Russia sign agreements to develop mining sector http://www.sudantribune.com/spip.php?article60531#Sudan#Russia#mining
Hat-Tip @PiercePoints. This is indirectly good for $ORG in #Sudan.
Partial Quote from Article:
[Sudanese and Russian governments have on Thursday signed several agreements to develop Sudan’s mining sector after three days of discussions in the Sudanese capital, Khartoum.
Director of Geological Research Corporation, Al-Nour Koko, signed for the Sudanese government and Facile Stainouef signed for the Russian Geology Company.
In a press statement after the signing ceremony, Sudan’s minister of Minerals, Ahmed Sadiq al-Karouri, said the agreements are the fruits of the Sudanese Russian Joint Committee. In December, Sudan and Russia signed 14 agreements on investment in oil, minerals and banking sectors at the end of the Sudanese Russian Joint Committee meetings.
“The agreement with Russian Geology Company includes development of minerals and the geological laboratory,” said al-Karouri, adding that the agreement includes benefiting from Russian advanced mining technology as a pioneer country in the field.
Al-Karouri pointed that the agreement includes drawing a detailed geological map for Sudan which would be used for promoting mineral sector and as a database for minerals in the country.]
@ekim#russia intends to sell another 8% of Alrosa #diamonds over the next couple of years. -- http://tass.com/pressreview/909708
The Russian government intends to sell an 8% stake in Alrosa, 35% of its shares in VTB and 25% of its interests in Russian Railways, as well shares in the country’s nine largest companies over the next three years, according to the draft privatization plan for federal property in 2017-2019
The government also plans to reduce its share in Alrosa’s authorized capital by 8% to 25% plus one share by 2019.
@racker#China’s Xi Jinping embraces a new, powerful role http://qz.com/842119 "Since the US presidential election, Xi has held a flurry of meetings with global leaders [from #Colombia, #Ecuador, #Russia, #Japan, #Philippines], including some historically ignored by China’s top official in the US’s own backyard. China has also swiftly become the new, and surprising, voice on climate change."
@Leon@Dan0@bullionaire - In my view people are giving way too much emphasis on #Trump and his economic announcements, totally missing the time-frame, funding, state indebtedness, #China and Saudi Arabia dumping U.S.bonds on lower prices, global economies in decline and an unchanged geo-political agenda. I'd say even worst, if I see NATO partner #Turkey changing sides towards China's "One belt one road" to Iran, away from the EU and in new alliances with #Russia .. In this context, the referendum in #Italy on Dec 4, state elections in the Netherlands, France and Germany and strong right-wing movements in #Europe are looking like a picnic ;-) #gold#chaos
@Excelsior#Uranium Prices Hit A 12-Year Low Due To Feds And #Clinton Cronies
ANDREW FOLLETT – 11/02/2016
“….Uranium prices have been continually falling since the 2011 near meltdown of the Fukushima Daiichi power plant, which caused public opinion to turn against #nuclear power. In early 2011, uranium was trading around $70 a pound.
Today’s low uranium prices are also partially due to the DOE dumping vast swaths of uranium onto the market to fund its operations, lowering the price enough to harm the U.S. uranium industry. Since 2011, DOE has sold off roughly $1 billion of publicly-owned uranium through private sellers without overseeing the transactions, and research by the Government Accountability Office found DOE did not did not properly value uranium sales or adequately assess any impact on the commercial uranium market.
Another major factor is that environmentalists and left-wing politicians have used alleged environmental risks to cripple the #American uranium industry, allowing foreign producers, especially #Kazakhstan and #Russia, to flood the American uranium market. As a result, American uranium mining is on the decline as a result of the extremely strict regulations, with fewer new holes drilled and expenditures for new land, exploration, and drilling declining 22 percent, according to the U.S. Energy Information Administration (EIA).
American commercial nuclear reactors doubled their purchases of Kazakhstani uranium in 2014, largely due to the decline in the amount of the American uranium industry. Kazakhstan alone now supplies 23 percent of the uranium for America’s nuclear reactors, according to the EIA…”
@Goldfinger"He spoke Turkish like a Turk, no Arabic accent." Turkish intelligence/secret service officer who was on a mission. He's dead now so we will never know the exact motives, regardless $Russia will be pissed that their veteran Ambassador has just been gunned down by someone who was supposed to keep him safe.
@newstracker#Russia – Russia called the killing of its ambassador to Turkey on Monday “a provocation aimed at disrupting the normalisation” of foreign relations between two countries and the “peace process in Syria”.
- Both countries condemned the assassination as an act of terrorism with a Russian delegation set to arrive in Turkey today to work on a joint investigation into Mr Karlov’s death.
- Mr Karlov was shot on Monday by a former riot policeman disguised as one of his bodyguards during a photo exhibition at Ankara.
- #Turkey remains in a state of emergency following a failed coup in Jul that led to tens of thousands of arrests in the following months.
@NewtonI listened to the #JimRickards interview again on #RealVision. At 24Min mark he mentions that #Russia defaulted on ruble-denominated debt in 1998 in addition to external debt. Now, why would you do that? ... Interesting question!
@nicholaslepanThe Egyptian government is considering signing a currency swap agreement with #Russia, following in the footsteps of its agreement with China in October, an senior Finance Ministry official. #China and #Egypt on December 6 concluded an 18 billion yuan (US$2.62 billion) three-year bilateral currency swap, a move that importers and economists said would facilitate trade and improve foreign currency liquidity in cash-strapped Egypt. http://www.egyptindependent.com/news/egypt-plans-currency-swap-russia
@MiningBookGuy@Brendan - i'm on board with $ARL.AX (thx @PamplonaTrader!)
While I'm still learning more about the nickel-cobalt deposit, I think $ARL.AX has an opportunity to do a new study that focuses on higher-grade cobalt sections. But the real story is "what happens if SHTF in the $DRC?" This is a real concern... same type of concern for #platinum in #SouthAfrica, #palladium in #Russia. Take note that $SBGL was shrewd and bought $SWC BEFORE massive disruption. IF something goes wrong in #DRC, I think it's natural to look for SCALE in SAFE jurisdictions...not tiny, high-grade #cobalt plays. There's real grand-slam potential here because of #geopolitics. $ARL.AX is going to get more attention.
Anyway, I'm on board with that part of the story. But $ARL.ax is intriguing for other reasons @PamplonaTrader brought up. Keep in mind they have an advanced #gold#zinc project and early stage nickel exploration, all in #Australia. Basically, 'going beyond cobalt', $ARL.AX is intriguing for many reasons. But the cobalt aspect (and ridiculous valuation) pulled me in