Message:

<p>[QUOTE=&quot;Juan Blanco, post: 1629222, member: 41665&quot;]lol me too.</p><p><br /></p><p>NOAA jawboning down POG is a novel approach though. </p><p><br /></p><p>If I read it right, Nautilus Minerals is looking to extract 1,200,000 metric tonnes<i> per year </i>at the Solwara 1 Project site. </p><p>@ Au 34 g per mt, that&#039;s optimistically reaping 38.4 mt Au per year, or 1,235,000 ozt. </p><p><br /></p><p>Sounds like alot, but it&#039;s not. In 2011, Au demand was a whopping 4,067.1 tonnes. This project alone could not provide 1% of global Au demand in 2011. Not a dent, even.</p><p><br /></p><p>So if -- by 2019 -- current global supply/damand stays constant (big IF) and these proj multiply/proliferate quickly (another big IF) and <i>10% more Au could be brought to market </i>(third big IF) this new Gold source <i>might </i>eventually ding Gold-Price ~15-20% tops. Correct?</p><p><br /></p><p><b><font size="3">I wouldn&#039;t worry about this affecting POG in the near future. NEVERMIND! lol </font></b></p><p><b><font size="3"><br /></font></b></p><p><b><font size="3"></font></b>But these undersea robot mining companies might become hot stocks to own... some day. (What are the candidate undersea robot companies?)</p><p><br /></p><p>NUS &#039;looks&#039; cheap right now but it&#039;s a very <i>very </i>aggressive &#039;junior miner&#039; stock (~2x more volatile than GDXJ) <b>caveat emptor!</b></p><p><b></b><a href="http://www.nautilusminerals.com/s/Investors-StockInfo.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.nautilusminerals.com/s/Investors-StockInfo.asp" rel="nofollow">http://www.nautilusminerals.com/s/Investors-StockInfo.asp</a></p><p><br /></p><p>And NUS is in danger on the Pink Sheets? Oh that&#039;s bad, bad news!</p><p><a href="http://www.miningweekly.com/article/nautilus-minerals-to-delist-from-aim-2013-02-01" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.miningweekly.com/article/nautilus-minerals-to-delist-from-aim-2013-02-01" rel="nofollow">http://www.miningweekly.com/article/nautilus-minerals-to-delist-from-aim-2013-02-01</a></p><p><a href="http://ih.advfn.com/p.php?pid=squote&amp;symbol=USOTC:NUSMF" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://ih.advfn.com/p.php?pid=squote&amp;symbol=USOTC:NUSMF" rel="nofollow">http://ih.advfn.com/p.php?pid=squote&amp;symbol=USOTC:NUSMF</a>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in