http://barkerletter.mining.com Fresh, daily analysis of mineral industry news and trends Mon, 21 Jul 2008 22:20:39 +0000 http://backend.userland.com/rss092 en Greetings investors! We haven't made much money over the past quarter on the juniors. Stock prices appear to be in a holding pattern.   The chart for the CDNX, Canada's mineral-weighted junior exchange, shows a downtrend despite last week's spike. However, the higher lows and lower highs of the 1-year chart  represent the ... http://barkerletter.mining.com/2008/06/30/junior-prices-in-a-holding-pattern/ Greetings investors Don't you love the doublespeak we get from Washington? Last year President Bush made a scarcely publicised trip to South America, visiting Brazil and Colombia while studiously avoiding Venezuela. We were told he was there to talk about ethanol production, remember? Yeah, and another purple cow just flew by! We haven't heard much about ethanol, ... http://barkerletter.mining.com/2008/05/16/carnaval-time-for-bush-and-the-dollar/ The following is the popular explanation for rising oil prices and a falling dollar: ... the dollar became the easiest currency to spend in the global market after World War II, when America's runaway wartime production capacity supplied Europe and Japan. However, oversupply of dollars in the '50s led the Central ... http://barkerletter.mining.com/2008/05/06/high-oil-prices-explained/ Greetings investors. Here's the odd thing -- I think that Aurelian Resources (ARU.TSX) was actually going to try and mine their Fruta Del Norte gold discovery down on the Ecuador/Peru border. Imagine that! Oh sure, every junior intends to mine their own discoveries. But most don't. That's just window dressing, playing hard to ... http://barkerletter.mining.com/2008/05/05/aurelian-error-sinks-shareholders/ Greetings investors I wish people would stop talking about how stupid Nixon was to take the US dollar off the gold standard.  It was the smartest thing he ever did. Yes, yes ... I know the likes of Jim Dines will call me a cretin and go on and on about recent currency debasement ... http://barkerletter.mining.com/2008/04/30/gold-backed-dollar-a-myth/ Greetings investors. I've had a look at Ecuador's new manifesto regarding ongoing stewardship of its mineral resources. First, the back story: Virtually all of these ownership issues in Latin America are basically two-fold: One the one hand you have an existing community of artesanal miners who fear the insiders in the judiciary and government ... http://barkerletter.mining.com/2008/04/22/aurelian-tanks-on-mining-code-issues/ Greetings investors. Here's our current fave, a real sleeper called Fortuna Silver Mines Inc. (FVI.TSXV), with silver/polymetal assets in Mexico and Peru. Shares of FVI spiked 25% yesterday on news from its 76% owned San Jose silver-gold deposit in southwest Mexico. It released the best intercepts from drilling that ranged to 4.36 grams gold ... http://barkerletter.mining.com/2008/04/10/my-fave-sleeper-silver-play/ Greetings investors. Shares of Ivanhoe Mines (TSX:IVN) are in the tank after the company reported steepening losses from last year. The stock is in a firm downtrend after reaching its high of $18 Cdn per share last July, and now trades under $12 Cdn per share. The real problem for Ivanhoe stock ... http://barkerletter.mining.com/2008/04/07/119/ March 27, 2008 Greetings investors! The U.S. government revealed its gross domestic product figures for the 4th Qtr today ... growth was pegged at 0.06 %. That follows previous rates of 4.9% and 3.8% for the third and second quarters of this year, respectively.   Plus, we've been told that the economic growth going forward will be an ... http://barkerletter.mining.com/2008/03/27/what-recession-part-deux/ Greetings investors! I love the financial news networks! They spent all last week predicting a recession in the U.S., and now they're predicting its end. In fact some are saying we've turned the corner, even though we haven't even seen any data to suggest a recession has occured in the first place. Oh, and would ... http://barkerletter.mining.com/2008/03/26/metals-prices-up-or-down/