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'Currency Wars' author Jim Rickards to speak at CMRE meeting in NYC Oct. 18
10:04p ET Tuesday, September 4, 2012
Dear Friend of GATA and Gold:
Geopolitical analyst, hedge fund manager, and "Currency Wars" author James G. Rickards, who spoke at GATA's Gold Rush 2011 conference in London last year, will be among the speakers at the fall meeting of the Committee for Monetary Research and Education, to be held Thursday, October 18, at the Union League Club in New York.
Also speaking will be:
-- The economist Alex J. Pollock of the American Enterprise Institute.
-- The economist Walker Todd of the American Institute for Economic Research, also a director of CMRE.
-- Myrmikan Capital founder Dan Oliver.
-- CMRE Director Howard Segermark.
... Dispatch continues below ...
GoldMoney adds Toronto vaulting option
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-- Richard Rahn of the Cato Institute.
-- And professional trader and market commentator Victor Sperandeo.
Courtesy of the American Numismatic Association, the meeting will include a display of ancient coins -- and maybe a late entry, a euro, which would pair nicely with a U.S. silver dollar.
The Union League Club is a beautiful, dignified, and comfortable old place just a few blocks south of Grand Central Station, within easy walking distance, and dinner there is always excellent.
Admission will be $175 for CMRE members and their spouses, $185 for others.
Your secretary/treasurer plans to attend and sure would like to see some GATA supporters there.
The program for the meeting is here:
http://www.gata.org/files/CMREFlyer-10-18-2012.doc
A reservations form is here:
http://www.gata.org/files/CMREReservationForm-10-18-2012.doc
Inquiries about the meeting should be directed to CMRE's tireless president, Elizabeth Currier, at CMRE@BellSouth.net.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Join GATA here:
Toronto Resource Investment Conference
Thursday-Friday, September 27-28, 2012
Toronto Sheraton Centre Hotel
Toronto, Ontario, Canada
http://www.cambridgehouse.com/event/toronto-resource-investment-conference
New Orleans Investment Conference
Wednesday-Saturday, October 24-27, 2012
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
http://www.neworleansconference.com/
* * *
Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
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
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Prophecy Platinum Announces Wellgreen Preliminary Economic Assessment:
38% Pre-Tax IRR, $3.0 Billion NPV, and a 37-Year Mine Life
Company Press Release
VANCOUVER, British Columbia, Canada -- Prophecy Platinum Corp. (TSX-V: NKL, OTC-QX: PNIKF, Frankfurt: P94P) reports the results of an independent NI 43-101-compliant preliminary economic assessment for its fully owned Wellgreen nickel-copper-platinum group metals project in the Yukon Territory.
The independent assessment, prepared by Tetra Tech, evaluated a base case of an open-pit mine (with a mining rate of 111,500 tonnes per day), an on-site concentrator (with a milling rate of 32,000 tonnes per day), and an initial capital cost of $863 million. The project is expected to produce (in concentrate) 1.959 billion pounds of nickel, 2.058 billion pounds of copper, and 7.119 million ounces of platinum, palladium, and gold during a mine life of 37 years with an average strip ratio of 2.57.
The financial highlights of the preliminary economic assessment, shown in U.S. dollars, are as follows:
Payback period: 3.55 years
Initial capital investment: $863 million
IRR pre-tax (100% equity): 38 percent
NPV pre-tax (8% discount): $3 billion
Mine life: 37 years
Total mill feed: 405.3 million tonnes
Mill throughput: 32,000 tonnes per day
Prophecy Chairman John Lee says: "We are pleased with the preliminary economic assessment results. The numbers indicate that Wellgreen is one of most exciting mineral projects in the Yukon. The company is drilling to upgrade and expand the resource base. The infrastructure is excellent as the project is only 1,400 meters in altitude and 14 kilometers from the paved Alaska Highway, which leads to the Haines deep seaport. Discussions are under way with support from local stakeholders regarding permitting and logistics."
For the complete press release, please visit:
http://prophecyplat.com/news_2012_june18_prophecy_platinum_announces_res...
