2011 Global Stock Market Collapse Watch

TSX solved. Gold mining companies.

(Show all) Company Ticker Last Price (native) Change (native) Change (%) Volume Shares Outstanding (M) Market Cap (M CAD$) ↓ Reserves (000s T) Resources (000s T) Production (k oz/yr) M/C/Production ($ per k oz)
Teck Resources Limited TCK-B.TO 41.52 0.09 0.22% 2,646,947 589.6 24,481.7 18,031.0 7,553.0 263 93.0863
Ivanhoe Mines Ltd. IVN.TO 24.43 -0.59 -2.36% 377,056 530.4 12,957.0 127,000.0 1,285,840.0 0 0.0000
Yamana Gold, Inc. YRI.TO 14.70 0.85 6.14% 4,623,605 741.1 10,894.3 608,859.0 571,002.0 835 13.0429
First Quantum Minerals Ltd. FM.TO 121.73 -10.73 -8.10% 537,965 80.7 9,819.8 148,055.0 0.0 193 50.8042
Cameco Corp. CCO.TO 24.60 -0.81 -3.19% 817,081 393.5 9,679.9 12,427.0 19,418.0 294 32.9026
Eldorado Gold Corp. ELD.TO 17.47 1.02 6.20% 3,161,583 547.7 9,568.4 95,725.0 362,230.0 364 26.3224
Newmont Mining Corp. of Canada Ltd. NMC.TO 55.31 1.23 2.27% 9,208 158.9 8,789.9 0.0 0.0 0 0.0000
IAMGOLD Corp. IMG.TO 19.80 0.68 3.56% 1,605,112 372.8 7,381.0 254,095.0 543,536.0 939 7.8605
Pan American Silver Corp. PAA 62.56 1.13 1.85% 333,351 107.2 6,708.2 12,289.0 20,523.0 101 66.6134
Osisko Mining Corporation OSK.TO 14.35 0.18 1.27% 2,111,071 380.9 5,466.6 28,400.0 70,400.0 0 0.0000
New Gold, Inc. NGD 11.44 0.51 4.67% 3,186,255 391.9 4,483.8 325,916.0 670,235.0 302 14.8581
Centerra Gold Inc. CG.TO 17.88 -0.85 -4.54% 699,491 235.8 4,215.3 12,333.0 23,577.0 676 6.2394
Lundin Mining Corporation LUN.TO 6.93 -0.25 -3.48% 8,934,798 580.0 4,019.5 0.0 0.0 0 0.0000
Inmet Mining Corporation IMN.TO 62.74 -3.25 -4.92% 346,824 56.1 3,520.2 106,770.0 455,753.0 228 15.4122
Gabriel Resources, Ltd. GBU.TO 7.62 0.17 2.28% 259,133 344.9 2,628.0 112,455.0 218,465.0 0 0.0000
Detour Gold Corporation DGC.TO 30.07 0.86 2.94% 201,492 83.0 2,495.5 61,200.0 343,800.0 0 0.0000
Semafo, Inc. SMF.TO 8.63 0.12 1.41% 372,640 271.6 2,343.8 13,882.9 49,738.4 242 9.6691
Quadra FNX Mining Ltd. QUX.TO 12.04 -0.37 -2.98% 642,575 189.7 2,283.4 0.0 0.0 99 23.0720
European Goldfields Ltd. EGU.TO 12.42 0.34 2.81% 376,852 183.1 2,274.6 0.0 0.0 0 0.0000
NovaGold Resources Inc. NG.TO 9.87 0.57 6.13% 195,963 225.6 2,226.2 8,400.0 0.0 0 0.0000
Fronteer Gold Inc FRG.TO 14.78 0.00 0.00% 0 150.6 2,225.4 0.0 64,053.7 0 0.0000
First Majestic Silver Corp. FR.TO 22.90 1.51 7.06% 780,008 93.8 2,148.7 0.0 0.0 3 804.7420
Alamos Gold Inc. AGI.TO 18.22 1.29 7.62% 511,736 115.8 2,109.5 10,326.0 118,209.0 179 11.8179
Silver Standard Resources Inc. SSO.TO 25.50 0.42 1.67% 79,894 79.0 2,013.9 0.0 0.0 0 0.0000
HudBay Minerals, Inc. HBM.TO 12.96 -0.19 -1.44% 484,650 149.1 1,932.2 5,470.0 12,300.0 91 21.2311
Uranium One Inc. UUU.TO 3.04 0.02 0.66% 2,042,738 589.1 1,790.9 0.0 0.0 0 0.0000
Silvercorp Metals Inc. SVM.TO 8.53 0.34 4.15% 418,750 165.2 1,409.3 0.0 2,703.2 2 880.8180
Gammon Gold, Inc. GAM.TO 9.11 0.00 0.00% 615,298 138.8 1,264.9 33,580.0 11,546.0 136 9.2793
Harmony Gold Corp. H 33.33 -0.85 -2.49% 281,001 35.7 1,189.9 0.0 0.0 0 0.0000
Nevsun Resources Ltd. NSU 6.08 0.14 2.36% 300,437 195.4 1,188.0 0.0 0.0 0 0.0000
Kirkland Lake Gold Inc. KGI.TO 16.28 -0.13 -0.79% 126,220 68.0 1,107.2 0.0 1,513.2 45 24.5002
B2gold Corporation BTO.TO 3.42 0.14 4.27% 857,531 314.8 1,076.5 0.0 0.0 21 52.2263
Dundee Precious Metals Inc. DPM.TO 8.56 0.27 3.26% 837,286 124.9 1,069.1 13,120.0 21,650.0 103 10.3523
High River Gold Mines Ltd. HRG.TO 1.26 -0.01 -0.79% 209,522 840.2 1,058.7 0.0 40,238.6 303 3.4935

www.miningnerds.com...
en.wikipedia.org...

Sorry about the format... Mining Nerds is awesome though

Europes markets closed horribly...again

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US stocks are making a little bounce back, but still in the red.

[atsimg]http://files.abovetopsecret.com/images/member/b9366ed9e22d.jpg[/atsimg]

Markets now are at free fall again

Mutual-fund manager Bruce Berkowitz of Fairholme Capital Management, one of Bank of America’s biggest shareholders, is hosting a conference call to pepper Moynihan with questions collected from investors. Berkowitz pledged to “ask the toughest questions submitted to [email protected].”

Deal Journal will LIVE BLOG the conference call with Moynihan beginning at 1 p.m. ET.

The conference call comes at a crucial juncture for Bank of America. The bank’s stock price is sinking about 7% Wednesday, and shares have lost nearly half their value so far this year. Some regulators and financial firms are challenging Bank of America’s $8.5 billion mortgage-security settlement, which is Bank of America’s biggest effort to put to rest the bank’s mortgage headaches. Bank of America also has been forced to deny speculation the bank will need to sell more stock to pad its capital.

blogs.wsj.com...

I know what he is going to say. The Government has a wonderful (sarcasm ) plan for the foreclosures. Here it is.

The Obama administration is examining ways to pull foreclosed properties off the market and rent them to help stabilize the housing market, according to people familiar with the matter.

While the plans may not advance beyond the concept phase, they are under serious consideration by senior administration officials because rents are rising even as home prices in many hard-hit markets continue to fall due to high foreclosure levels.

Trimming the glut of unsold foreclosed homes on the market is "worth looking at," said Federal Reserve Chairman Ben Bernanke in testimony to Congress last week.

online.wsj.com...

Sounds good in theory, but with all the budget cuts how are they going to pay the people in the government that have to monitor it?

reply to post by buni11687


The DAX is what worries me the most, down 24% since may. They're all tanking though, Germany faster it seems.

Economy_of_the_European_Union ***GDP first number***

European Union 12,268,387 501 24,500 24,500 100.0%
Germany 2,498,800 81.8 29,000 30,600 119% yes
France 1,932,802 64.7 26,100 29,800 107% yes
United Kingdom 1,696,583 62.0 27,800 27,200 113% no
Italy 1,548,816 60.3 24,300 25,600 100% yes
Spain 1,062,591 46.0 24,700 23,100 101% yes
Netherlands 591,477 16.6 32,800 35,600 134% yes
Poland 354,316 38.2 15,300 9,300 62% no
Belgium 352,941 10.8 28,900 32,400 118% yes
Sweden 346,667 9.3 30,100 37,000 123% no
Austria 284,410 8.4 30,700 33,900 125% yes
Denmark 234,005 5.5 30,400 42,300 125% no
Greece 230,173(p) 11.3 21,700(p) 20,400(p) 89% yes
Finland 180,253 5.3 28,300 33,600 116% yes
Portugal 172,699 10.6 19,800 16,200(p) 81% yes
Ireland 153,938 4.4 30,700 34,400 125% yes
Czech Republic 145,049 10.5 19,500 13,100(2009) 80% no
Romania 121,941 21.5 11,000 5,700 45% no
Hungary 98,446 10.0 15,700 9,800 64% no
Slovakia 65,905 5.4 18,100 12,100 74% yes
Luxembourg 41,597 0.5 69,100 82,100 283% yes
Bulgaria 36,033 7.6 10,600 4,600(2009) 43% no
Slovenia 35,974 2.0 21,300 17,600(p) 87% yes
Lithuania 27,410 3.3 14,200 8,300 58% no
Latvia 17,971 2.2 12,600 8,000 52% no
Cyprus 17,465 0.8 24,000 21,700 98% yes
Estonia 14,501 1.3 15,900 10,800 65% yes
Malta 6,233 0.4 20,400 15,100 83% yes

en.wikipedia.org...

TORONTO (Reuters) - Toronto's main stock index edged into positive territory at midday on Wednesday, riding a rally by gold-mining issues as bullion prices rose sharply.

The Toronto Stock Exchange's S&P/TSX composite index was up 2.06 points at 12,111.32, clawing back from a loss of more than 1 percent. Nine of the 10 main groups were lower, but materials, up 2.14 percent, was enough to push the broader market onto positive ground.

reply to post by majesticgent


The gov't is going to act as a landlord? good luck getting that leak fixed. First they'll have to run ten million dollars worth of tests on the leak, then they spend another 25 million coming up with solutions and another 50 million will be spent fixing the failed solutions.

then, the tenant with the leaky faucet will be told that the project is on hold while obama sends 200 million in aid to some speck of dust in the middle of nowhere.

If we do not learn from history we're doomed to repeat it. A pretty good video about the collapse of the Soviet Union and the similarities to the situation we're in now. The speaker seems a bit biased, but still his point is still true nonetheless.

Gold breaking records again. It hit 1,801 but has fell a bit.

Gold futures jump to record on equity slump

SAN FRANCISCO (MarketWatch) — Gold futures rose to a record Wednesday as concerns about a global economy slowdown and a slump in equities kept anxious investors in investments perceived as safer.

Another snapshot of US stocks how they are at the moment.

[atsimg]http://files.abovetopsecret.com/images/member/d3ff2140530d.jpg[/atsimg]

reply to post by TheRemedial

The DAX is what worries me the most, down 24% since may. They're all tanking though, Germany faster it seems.

Ive been hearing in the media that Germany is the country in the EU that has the money to save the EU from an economic mess. (Not sure if thats exactly what they meant, but it was very near that). Plus, the DAX is the one that seems to have been taking the most damage within the past few days. Im not really sure how all this will end up.

reply to post by TheRemedial


Hi TR,

May I suggest you clean up the post or embed a pic like this in future:

[atsimg]http://files.abovetopsecret.com/images/member/57145342eb1b.jpg[/atsimg]

That post is really hurting my eyes

Just gonna hover between -350 and -400 today I guess, unless we see the real drop around 2:30.
This is just crazy.

reply to post by adifferentbreed


The end of the day could be ugly if there are a lot of short positions that get called in.

reply to post by Crakeur


Don't forget margin calls as well! So do you mean you think people will initiate new shorts, or cover shorts? Because if they cover, it could rally into the close.

More "good" news to announce about the Greek bailout.

LONDON—Greece's ambitious reform program suffered a double setback Wednesday after it emerged that talks with the country's creditors on a bond swap plan have stumbled and fresh data showed a sharp increase in the budget deficit.

Citing poor private sector participation, officials said that a plan to swap Greek government debt maturing by 2020 into new, longer-dated securities, might be extended to include bonds falling due in 2022 or even 2024.

This could be a further blow to European banks and insurers, which have been hit by their exposure to Greek sovereign debt following an agreed bailout package last month

online.wsj.com...

I will give them an A+ for effort, but too bad it will not work. Why does one want their innocent children to suffer for their shortcomings by passing the buck and prolonging the inevitable?

reply to post by mossme89


new shorts and margin calls, coupled with mutual fund selling could be disastrous

of course, there's always the chance that these morons will start buying again.

reply to post by majesticgent


So the gov't wants to play landlord. Just what we need, another government program. Ofcourse, this'll be another czar position.

Originally posted by majesticgent

I will give them an A+ for effort, but too bad it will not work. Why does one want their innocent children to suffer for their shortcomings by passing the buck and prolonging the inevitable?

Because they're following the same 'live now-pay later" mindset that runs everything on this planet. If you think some fat-cat businessperson can't see past the next dollar, you're sadly mistaken, such as you are if you actually believe a bankster looks beyond their next bonus, a politician looks beyond their next re-election effort or a junkie looks past their next huff on a crack pipe.

Gimme Gimme Gimme . . . NOW NOW NOW . . . it may sound way too simplistic, but that's exactly what it is and now, much like the spoiled child who finds out there ain't nuthin' left in the candy jar, well . . . . we can all collectivey piss, moan, wail and cry but the bottom line is . . . There ain't nuthin' left in the candy jar

reply to post by Chance321


I don't think that program would ever get approved. Well on second thought it just might get approved if the big banks think it'll work. They'll just cry and go to their lackeys in the US Treasury and pull the right strings make the right phone calls, throw what little lobby money they have left at the next politician up for election, and get it passed.

I have a question. Is the meteoric rise in gold and other commodities just a telling sign of inflation settling in? At the end of the day if gold keeps on sky rocketing the way it does, and oil is going up now too, won't that give the average Joe less buying power? It has to be a bit more complex then that? Right?

reply to post by Crakeur


That may be one angle they are exploiting (trying to anyway). Folks are harping that high volatility triggers mass buy-ups. As it may be, it is a bear market mentality, but if the companies are buying back their own stocks to stay above water, it would show up significantly in the market tracking.

Here is a quote from another thread that has a video that explains the Global Economic Collapse. Although I think the EU and not the US will be the first to default.

Originally posted by wisintel

This is probably the best and simplest explanation of the current economic situation the world finds itself in and why the eventual total collapse of the current economic paradigm is completely unavoidable. And best of all, its animated.

www.abovetopsecret.com...