via Bank Of Canada - Selected Bond Yields

It's easy to overlook Canadian long term bond rates, but when you look at the sobering rate regime in selected bond yields, the central bank decision to cut rates seems justified.

Very likely the housing price bubble is in a rout, since a decline in yields is way bigger than just the decline in the oil price. Very highly likely rates will have to be cut again. Canadian bond rates are beginning to resemble Bund yields.

http://www.bankofcanada.ca/rates/interest-rates/canadian-bonds/

via Northern Miner - Skeena Resources Discovery

Skeena Resources posted spectacular drill results. Netolitzky interviewed by Northern Miner. Absolutely no effect on the market whatsoever. And in the midst of a bull market for gold.

Netolitzky has feet of clay. You have the most stark example in Canadian bond yields that the market is about yield, while 'the great explorer' is about ego and alpha.

Massive dilution of the shares, no reaction in the market, Netolitzky has left behind a legacy that will be hard, if not impossible to overcome.

http://www.northernminer.com/news/skeena-explores-for-new-gold-b-c-s-historic-camps/1003407877/

http://www.stockwatch.com/Quote/Detail.aspx?symbol=SKE&region=C

via Financial Post - Capital Raises In The Gold Sector

Stories in the news are about capital raises. Perhaps the company would be so good as to share with us just what development Netolitzky has been instrumental in advancing in the La Ronge Gold Belt?

How about letting us know what the money was spent on and how much, what exactly was done to the mill, whether capital was raised through escrowing production, what the drill results have been since about, oh, 2007.

Inquiring minds.

http://business.financialpost.com/2015/01/21/canadian-gold-miners-raising-nearly-800-million-as-financing-window-opens/