via Stockwatch.com - SLI.V

St. Elias Mines is having some very serious issues regarding a proxy battle and defamatory suit against its shareholders. Even though they went through a reverse split, their share price collapsed to 10¢ from ~$2.80 after the split. (something like 20:1)

Either you have something to hide because the prospect does not hold the presumed bounty that you claim, or you are intentionally obfuscating the facts because you are afraid of getting bought out, and you don't want people to know the full extent.

It's one or the other. What a disaster.

Stockwatch

At the same time, I would say read, and re-read John Kaiser's interview. There are two things that John forgets is that shareholders have voting rights and any naked short selling of stocks are permitted with the elimination of the no-down-tick rule as long as positions are hedged:

http://www.theaureport.com/pub/na/15015#.USOtE2VAbME.email

$Gold Weekly

I am abandoning my flickr account, because Yahoo wants you to sign on using their email. There's so much spam via Yahoo, that I just don't want to bother maintaining it.

There's just no point any longer.

Looks like gold prices, while in the throes of dishoarding, actually has comparatively little downward momentum. That means that the market is setting the price here. The technical formation of a pennant(grey) is still valid and is now completed, whereas previous assumptions are clearly wrong(light blue).

Looks like both Gold and Oil were sold on the same day, so they probably take up the same space in people's minds as commodities.

Bear in mind that the bottom has been called several times over by now with the exception that Marc Faber now says the bottom is in.

http://scharts.co/13abnbR