written by reader A Major Turning Point on the Horizon?

by takeprofits | June 28, 2015 2:14 pm

Myron Martin, Junior Mining Columnist, Returns with some gold mining ideas

This is premium content. To view this article (and to have full access to the rest of our articles), sign up. Already a member? Log in.

Source URL: https://www.stockgumshoe.com/2015/06/microblog-a-major-turning-point-on-the-horizon/


231 responses to “written by reader A Major Turning Point on the Horizon?”

  1. Griffin says:

    I don’t remember where I first saw this company mentioned Smallcaps Network, or a Gumme pos5t. There was another read on Smallcap in the last few days, so I’ve taken another look.

    Contact:
    Oakridge Global Energy Solutions, Inc. – $OGES
    http://www.oakridgeglobalenergy.com
    3520 Dixie Highway
    Palm Bay, 32905, Florida, USA
    Ph: (321) 610-7959
    Email: ir@oakg.net
    Investor Inquiries:

    They make Lithium batteries (made in America) for motorcycles, Golf carts), Smartphones, storage batteries in general. What makes their batteries different they are low drain when idle and last 5-10 years. By low drain they are saying one their batteries can be left in the motorcyle for a year and still start the motorcycle, that’s impressive. They will introduce these motorcycle batteries tomorrow in Daytona. They introduced their Golf cart batteries at the Orlando PGA Merchandise Show. Where they received $250k in sales and $20 mil in commitments, again impressive. I sure Tesla must know of them. The problems I see are financial problems with success, and Sanyo Electronics. Sanyo has a low drain ‘AA’ size (Eneloop) NiMH battery patent. Sanyo has had their batteries on the market sine 2005 without being disruptive. They are also going to add off grid storage batteries to their product line. That will put them in competition with Tesla. I didn’t see any information on how much of their product line was already in production. At a $.75 share price I think their worth a look.
    Note, Sanyo was sold to Panasonic, then to Fujitsu.

    March 2, 2016
    Palm Bay, Florida – Oakridge Global Energy Solutions, Inc. (OTCQB: “OGES”) is excited to announce the commercial introduction of its groundbreaking Liberty Series lithium ion motorcycle batteries at the 75th anniversary of the iconic Daytona Beach Bikefest. The Daytona Beach …

    http://markets.on.nytimes.com/research/stocks/news/press_release.asp?docTag=201603020930PRIMZONEFULLFEED6198897&feedID=600&press_symbol=221394

    March 1, 2016
    Melbourne, Florida – Oakridge Global Energy Solutions, Inc. (OTCQB: “OGES”) is excited to announce a major success at the Orlando PGA Merchandise Show, one of the biggest annual golf industry conventions in the world. Directly at the show, Oakridge received …

    http://markets.on.nytimes.com/research/stocks/news/press_release.asp?docTag=201603010930PRIMZONEFULLFEED6198777&feedID=600&press_symbol=221394

  2. Griffin says:

    Here’s an update from $MUX McEwen Minining for 2015 results;

    http://seekingalpha.com/article/3958367-mcewen-minings-mux-ceo-robert-mcewen-q4-2015-results-earnings-call-transcript?page=2

    There was an earlier article from SA that was really shallow in trying to make a case against $MUX current SP, not even worth a link IMO.

  3. SoGiAm says:

    $PVG- $5.76 0.24 (4.35%)
    Bid/Ask
    5.53 / 5.71
    B/A Size
    1,000 X 900

  4. Griffin says:

    Here are some excerpts from the latest “Gold Investment Newsletter”.
    quote
    Gold stocks busted out again on Friday which gave me the final confirmation that I needed to proclaim that we are unequivocally now in a new bull cycle in gold and the miners. After big gains and a 5 week triangular consolidation, GDXJ and many of our favorite miners took off to new highs. How gold and the miners handled this first pull back/consolidation was paramount. This Friday action just triggered the official breakout so I anticipate strength in gold and mining stocks the next few weeks in general. This activity compelled me to record an audio (it was a video but I angled the phone wrong and my head was cut off throughout!) about avoiding the mistake of selling too early in this cycle. The audio is at the bottom of this email and I think you will enjoy it.

    Next, I just this hour, published a new research report on GoldQuest Mining (GQC.V/GDQMF), which is a best of breed junior miner to own. This has been a stellar performer for premium members thus far but there is considerable upside potential still on the table.

    http://www.goldinvestmentletter.com/goldquest-mining-700-upside-romero-progresses/
    end quote
    Thanks Myron for $MUX, it hasn’t waited for the Bull. 🙂

  5. hendrixnuzzles says:

    Hello Myron ! So great to hear from you !
    The medical problems can be discouraging. Stay with it and know we are pulling for you. We want you back here and contributing. Missed you a lot !

  6. hendrixnuzzles says:

    DIVIDEND PAYMENT RATES…MAJORS AND ROYALTY COMPANIES
    Hi everyone, in another post I suggested that the small dividends paid by gold and silver miners and royalty companies were deserving of more attention in a ZERO INTEREST RATE
    ENVIRONMENT, and that the old argument of “gold does not pay interest” is true about physical but is not necessarily the case in miners and royalty companies.

    Previously my main consideration in thinking about gold and silver was stock price appreciation potential on account of the underlying commodity prices; and this is still the major consideration. But with what is happening with interest rates, cash dividend payments are of increasing importance as a consideration in this sector.

    Also if the price of silver and gold rises dramatically, we can expect further juice in increased dividends and larger market caps as asset reserves get marked up. So the whole sector seems primed for rocket leverage when prices in the underlying commodities really start to move.

    I share these current figures as an FYI. Obviously these are easy figures to check for yourself when considering and investment, and should not be the only consideration.

    Current dividend yield percentages selected gold/silver companies:
    Mining majors AEM .79, NEM .34, ABX .51
    Royalties: SLW 1.17, RGLD 1.69, FNV 1.24, SAND 0.0
    Silver producers: PAAS .39, SSRI 0,

    ABX has very high debt and inferior current account fundamentals. SAND has stated that initiation of a dividend is under consideraqtion in the not-to-distant future.

  7. SoGiAm says:

    MUX- McEwen Mining Reports Q1 Production Results, Royalty Acquisition – http://globenewswire.com/news-release/2016/04/19/830425/0/en/McEwen-Mining-Reports-Q1-Production-Results-Royalty-Acquisition.html
    Howdy Myron; hope you are feeling better and better each and every day. Best-Ben

  8. Griffin says:

    $MUX, No link, I sure do like how Rob McEwen is managing this company. He has improved production, lowered cost, paid off debt, substantially reduced liability, and made a mining acquisition, not mention increased cash on hand. I’m up 50% on my position. Thank you Myron.

    I think this is really announcement of the acquisition the following is from email.

    McEWEN MINING REPORTS Q1 PRODUCTION RESULTS, ROYALTY ACQUISITION
    TORONTO, Apr. 19, 2016 – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce production highlights of the first quarter 2016 and one acquisition.

    Highlights
    Total production in Q1 was 37,958 gold equivalent ounces(1), a 14% increase over Q1 2015. Increased production guidance for 2016 to 144,000 gold equivalent ounces. Acquired the Net Smelter Return (NSR) royalty on our El Gallo Mine and El Gallo Silver deposit. Strong balance sheet: $43 million(2) in liquid assets and no debt!

    El Gallo Mine, Mexico – A Record Quarter

    In Q1 the mine produced 20,101 gold equivalent ounces, compared to 15,391 gold equivalent ounces during same period in 2015. Production in Q1 set a new quarterly record as a result of processing higher grade ore stockpiled in the previous quarter. Production in subsequent quarters is expected to be lower as the influence of higher grade ore diminishes during the year. Full year guidance for El Gallo in 2016 is now increased to 55,000 gold equivalent ounces. The 2016 exploration budget for Mexico is $4 million.

    Today we acquired the existing tiered NSR royalty (the “Royalty”) on the El Gallo Mine, currently paying 3.5% of gross revenue less allowable deductions. The purchase price consisted of a $5.25 million payment on closing and a conditional deferred payment of $1 million to be made on June 30, 2018. The Royalty ceased being payable at the end of February 2016. This transaction will enhance the future profitability of the El Gallo Mine and removes a royalty burden on existing and potentially new deposits inside the Royalty’s area of influence, including the El Gallo Silver deposit.

    San José Mine, Argentina (49%)(3)

    Our attributable production from San José in Q1 was 8,960 gold ounces and 667,319 silver ounces, for a total of 17,857 gold equivalent ounces. Compared to Q1 2015, gold and silver production was down 5% and up 4% respectively. Q1 production is typically lower than other quarters due to mill shutdown and maintenance over the holidays.

    Full year production guidance for San José in 2016 is 45,000 gold ounces and 3.3 million silver ounces, for a total of 89,000 gold equivalent ounces attributable to us. The 2016 exploration budget is $4.5 million.

    Nevada Exploration

    Exploration drilling is planned to begin on the newly acquired Afgan-Kobeh property in mid-May. The primary objective of this drilling is to expand the size of the existing resource.

    Financial Results

    Operating costs for the quarter ended March 31st, 2016 will be released with our Quarterly Financial Statements in early May.

    ABOUT MCEWEN MINING (www.mcewenmining.com)

  9. Griffin says:

    I like the way this guy McEwen operates, one smart cookie. He has just acquired another site for exploration and it is next door to a site that is already being explored. It maybe be of dubious value and I’m sure the nerd on SA will try and make into a catastrophe out of it and gets bit. Sorry no link given /quote/
    MCEWEN MINING BUYS ATTRACTIVE EXPLORATION TARGET NEAR EL GALLO MINE

    TORONTO, May 2, 2016 – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce the purchase of mineral properties located approximately 6 miles (10 km) from the El Gallo Mine (the “Acquired Properties”) for $250,000 plus a 2% NSR royalty retained by the seller over the Acquired Properties.

    “This is an attractive exploration target because of its proximity to the El Gallo Mine, and fits with our strategy of investing in opportunities that have the possibility to extend the life of our mine,” said Rob McEwen, Chairman and Chief Owner.

    The Acquired Properties lie on an important mineral trend over 7km long which is contained within our larger claim block. The acquisition completes the consolidation of the district surrounding the El Gallo Mine and El Gallo Silver deposit, and adds an area of considerable exploration potential. McEwen Mining has explored extensively along this trend and previously discovered two satellite mineral resources (Twin Domes and Las Milpas). The Acquired Properties and surrounding area is characterized by favorable alteration signatures and abundant anomalous gold and silver mineralization in surface rock and soil samples. Recent exploration adjacent to the Acquired Properties revealed an area of structurally controlled gold mineralization in shallow percussion drilling and in deeper core drilling. Now that this acquisition is complete we will expand our exploration program in the area.

    The Acquired Properties consist of two mineral claims (totaling 1,040 acres), which were 100% owned by the seller, as well as the sellers’ rights to four additional mineral claims (totaling 930 acres) under an option agreement that is the subject of a legal dispute. We will attempt to settle the litigation and obtain title to the disputed claims.

  10. Griffin says:

    Just caught this on yahoo. Toyota in researching Hydrogen have come up with a better battery. Now if you thought Lithium batteries have a fire problem. Think Hydrogen with a magnesium anode/fuse. They say it is twenty years away but with the demand of mobile devices.

    http://www.cnet.com/roadshow/news/toyota-hydrogen-research-leads-to-better-battery/

  11. Griffin says:

    This is a C&P from the $BSCR, Biosolar newsletter with several links (?). If the links don’t work ping me and I’ll post them.
    Quote –
    BioSolar Targets Growing Market for Lithium-ion Batteries

    Key trade publications report on the company’s proprietary technology

    Santa Clarita, CA – May 17, 2016 – BioSolar, Inc. (OTCQB: BSRC), a developer of breakthrough energy storage technology and materials, today recognized recent media coverage detailing BioSolar’s efforts to scale its proprietary battery technology, and commented on recent reports stating the size of the lithium-on battery market.

    As previously disclosed, the Company’s laboratory testing results suggested that lithium-ion batteries incorporating its cathode technology could potentially achieve significantly higher capacity with costs below $100/kWh, which is less than half of today’s lowest cost lithium-ion batteries.

    In a recent Q&A with Today’s Motor Vehicle Magazine, BioSolar CEO Dr. David Lee discussed both the development of and market for its innovative cathode technology. Within the interview, Dr. Lee discussed the advantages under review from battery manufacturers when evaluating cost and efficiency; opportunities for automakers in identifying new battery technologies; both commercial and industrial vehicle applications; and next steps for BioSolar in terms of development and commercialization. In a print article for Chemical Engineering Magazine, an interview with Dr. Lee touched upon the more technological aspects of developing BioSolar’s battery technology, and also addressed inherent challenges faced by battery manufacturers.

    According to a recent study performed by Allied Market Research entitled, “World Lithium-Ion Battery Market: Opportunities and Forecasts, 2015-2022,” the global lithium-ion battery market is expected to generate revenue of $46.21 billion by 2022, with a CAGR of 10.8% during the forecast period (2016-2022). Currently, the market is very concentrated, as over 70% of installed energy storage capacity uses lithium-ion batteries, as the technology is proven and bankable.

    “Lithium ion batteries are becoming a mainstream battery choice for consumer and automotive applications, as well as large scale energy storage due to its advantages over many existing battery chemistry,” said Dr. Lee. “The inherent challenges associated with lithium-ion batteries center upon cost and scale. As most improvements to battery performance have come from changing chemistry rather than from ongoing improvement within a given chemistry, BioSolar has focused on addressing these fundamental issues with its innovative approach to developing cathode technology.”

    BioSolar is currently funding a sponsored research program at the University of California, Santa Barbara (“UCSB”), to further develop its super battery technology. The lead inventors of the technology are UCSB professor Dr. Alan Heeger, the recipient of a Nobel Prize in 2000 for the discovery and development of conductive polymers, and Dr. David Vonlanthen, a project scientist and expert in energy storage at UCSB.

    About BioSolar

    BioSolar is developing a breakthrough technology to double the storage capacity, lower the cost and extend the life of lithium-ion batteries. A battery contains two major parts, a cathode and an anode, that function together as the positive and negative sides. Today’s state-of-the-art lithium-ion battery is limited by the storage capacity of its cathode, while the anode can store much more. Inspired by nature, we are developing a novel cathode based on inexpensive conductive polymers and organic materials that can fully utilize the storage capacity of conventional anodes. By integrating our high capacity, high power and low-cost cathode with conventional anodes, battery manufacturers can create a super lithium-ion battery that can double the range of a Tesla, power an iPhone for 2 days straight, or store daytime solar energy for nighttime use. Founded with the vision of developing breakthrough energy technologies, BioSolar’s previous successes include the world’s first UL approved bio-based back sheet for use in solar panels.

    To learn more about BioSolar, please visit our website at http://www.biosolar.com.

    Subscribe to the BioSolar Newsletter

    To receive news about BioSolar on a regular basis, please subscribe to our free newsletter.

    Safe Harbor Stmt: Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

    This message was sent to l_g_griffin@yahoo.com from:

    BioSolar Newsletter | newsletter@biosolar.com | BioSolar, Inc. | 27936 Lost Canyon Road, Suite 202 | Santa Clarita, CA 91387

    Email Marketing by iContact – Try It Free!
    Manage Your Subscription
    – unquote

  12. pozoblue says:

    Myron, I miss your writing, look forward to more soon, and hope you are back “in the pink.”
    To all, including Myron: I am reading a lot of the predictions: gold to $5k, worthless dollar, chaos reigns, deflation scenarios. Lots of questions in considering physical gold and silver purchase, and after combing through many, many Stock Gum articles and comments, I’ve found precious (haha) little on that subject.
    What form will be most useful if that gnarly scenario comes to pass? Coins? Bars?
    Buy them where? (any thoughts about Money Market Exchange, or others?)
    Store the metals where? Anywhere is risky. Some say store your metals out of the country because of risk of confiscation. Where? Perth Mint? London? Getting access could be a real drag. I am curious what choices Gummies have made. Please share!
    In my perusings, I also came across a site called Peak Prosperity; no Gum reviews; anyone know if it? Thanks all.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.