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GATA's London conference draws nearly 400 from 38 countries
12:06p BST Sunday, August 7, 2011
Dear Friend of GATA and Gold:
Nearly 400 people from 38 countries attended GATA's Gold Rush 2011 conference at the Savoy Hotel in London this week, and it seems to have been a great success, for which we must thank our speakers -- most of the best minds in the gold world -- and our corporate and individual sponsors.
The greatest sensation was caused by gold trader and mining entrepreneur Jim Sinclair, proprietor of JSMineSet.com, who made his first conference appearance in eight years. His audience simply couldn't get enough of him, peppering him with questions during his formal presentation and then surrounding him afterward. Sinclair is shown answering questions here:
http://www.gata.org/files/JimSinclair-GATALondon-08-05-2011.jpg
GATA expressed special thanks to the conference's two largest sponsors, Sprott Asset Management CEO Eric Sprott and Houston, Texas, fund manager Sasan Sadegpour, by presenting them with framed copies of documents signifying GATA's victory this year over the Federal Reserve in our freedom-of-information lawsuit. The documents include the Fed's letter to GATA's lawyers conveying a check to GATA for $2,870 in attorney's fees, the check itself, and a statement signed by GATA board members Bill Murphy, Ed Steer, Adrian Douglas, and your secretary/treasurer reading: "Don't fight the Fed? Who says? Not us!" A photograph of the presentation, with Sprott on the left, Sadegpour on the right, and your secretary/treasurer at the podium, has been posted here:
http://www.gata.org/files/LondonConferenceGifts.JPG
There was much interest at the conference in comments made by geopolitical analyst James G. Rickards about the possibility of something approaching martial law being declared in the United States and confiscation by the U.S. government of gold and silver. Rickards' comments confirmed GATA's correspondence with the U.S. Treasury Department in 2005 about invocation of the Trading with the Enemy Act of 1917 and the International Emergency Economic Powers Act of 1977. That correspondence can be found here:
Thanks to the generous assistance of the GoldMoney Foundation, the conference was videotaped and GATA plans to put the presentations on DVD for sale in a few weeks. We'll keep you posted about that.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Prophecy Platinum Reports 10.97 Million Ounces Inferred
and 1.04 Million Ounces Indicated PGM+Gold in Yukon
An independent resource report on the Wellgreen project in the Yukon Territory in Canada has just confirmed that it as one of the largest platinum group metals projects in Canada and one of the few outside South Africa, Prophecy Platinum Corp. Chairman John Lee says.
The report, compliant with Canadian National Instrument 43-101, was written by geologist Todd McCracken of Wardrop Engineering Inc., a Tetra Tech company. It incorporated drill data from 701 diamond drill holes (182 surface and 519 underground) totaling more than 53,222 metres. Using a 0.4 percent nickel equivalent cutoff grade, the Wellgreen deposit now contains a total inferred resource of 289.2 million tonnes at an average grade of 0.53 g/t platinum, 0.42 g/t palladium, 0.23 g/t gold (1.18 g/t PGM and gold), 0.38 percent nickel, and 0.35 percent copper. Separately, the deposit also contains an indicated resource of 14.3 million tonnes at an average grade of 0.99 g/t platinum, 0.74 g/t palladium, 0.52 g/t gold (2.25 g/t PGM and gold), 0.69 percent nickel, and 0.69 percent copper.
Prophecy Platinum Corp. trades on the Toronto Venture Exchange under the symbol NKL, on the pink sheets in the United States as PNIKD, and in Frankfurt as P94P.
For the complete press release on the Wellgreen report, please visit:
http://prophecyplat.com/news_2011_july14_prophecy_platinum_new_resource_...
Join GATA here:
Toronto Resource Investment Conference
Thursday-Friday, September 15-16, 2011
Sheraton Toronto Centre
http://cambridgehouse.com/conference-details/toronto-resource-investment...
The Silver Summit
Thursday-Friday, October 20-21, 2011
Davenport Hotel, Spokane, Washington
http://cambridgehouse.com/conference-details/the-silver-summit-2011/48
New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2011
Hilton New Orelans Riverside Hotel
http://www.neworleansconference.com/
Support GATA by purchasing gold and silver commemorative coins:
https://www.amsterdamgold.eu/gata/index.asp?BiD=12
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
Golden Phoenix Q2 2011 Conference Call Posted at Company Internet Site
The second quarter 2011 conference call of Golden Phoenix Minerals Inc. (GPXM) has been posted at the company Internet site for immediate playback. The call includes updates on the start of gold production at the company's Mineral Ridge gold project in Nevada, the letter of intent to acquire the Santa Rosa gold mine in Panama, and the company's due-diligence efforts to secure a senior stock exchange listing.
The conference call is 18 minutes long and you download an mp3 of it here:
http://www.goldenphoenix.us/audio/GPXMCC071211.mp3
Or play back the call here:
http://goldenphoenix.us/conferencecalls/
Golden Phoenix is a U.S. mining company with international exposure to gold, silver, and strategic metals. The company's business model combines project generation and royalty mining that offers the potential for exploration upside, coupled with the backing of production and future royalty streams. View company videos here: