orko silver

(source: orko silver)

folks, instead of the usual investor lunch event, there was an investor dinner yesterday ... well, there is a lot to say, but its too late now and im leaving tomorrow to toronto for the PDAC show, so gonna post few insights from director's mike devji's presentation later ... btw, orko will also attend the PDAC, so u could speak directly 2 orko's representatives there :-)

still wanna know few details? here we go:

• ownes one of world's largest silver deposits in mexico
• strong partnership with pan american silver (PAAS). as agreed, PAAS can get 55% of the projecting  by spending some money on the property and developing the project up to certain level (feasibility study?). well, 45% from 10m ounces of silver isnt bad, is it? u know whats even better? im also shareholder of PAAS, so i dont have to care abt the remaining 55% as well :-)
• overview abt usage of silver + outlook abt future silver market developments + the shortage of physical silver will prolly continue further, so we neednt worry too much abt the price of silver ... just imagine if silver socks becomed the best selling socks in the world, there are sooooo many feet on planet earth, OMG! lol
• the current high-high-high price helps orko a lot cos PAAS is prolly going to make an open pit mine and take out all silver available instead of the original plan of mining only few high grade veins underground
• orko is currently my 4th biggest position, so i dont complian abt the high silver prices either :-)
• ...

good luck, my dear orko miners, good luck ;-)

all-time-high in my portfolio again :)

yabbadabbadoooo!

my portfolio is back @ its all-time-high level again (btw, my stocks have needed 3 weeks to recover from the collapse in the last october days, their 'underlying' gold/silver recovered much sooner and broke out to new golden all-time-highs :-)

bye-bye, fraudulent fiat money system!
ps: i've bought 4 mining stocks and 1 geothermal company today (my ideas from the 2 days spent @ the munich's precious metals show/conference on friday + saturday). will make a new blog post soon. the highlight? me trying to steal the soooo shiny canadian 100 kg gold coin, but now i have to start to collect documents for my pretty tax advisor first and finish the stupid tax payments for 2008, otherwise i will have to keep posting from jail :-(
and i'm hungy too!

btw, i hate taxes!

addendum, november 19, 2009:

crazy financial markets or just crazy folks on the markets?

heya folks, you know, my portfolio was at all-time-high yesterday. well, that was yesterday :-( ...

today it was a little bit down through the day (approx. -1%), after market closed in germany i just wanted to see the results for the day ...... well, my 5 biggest positions performed like this:

• scorpio mining -10,31%
• novagold -10,43%
• acadian mining -3,45%
• u.s. gold -7,88%
• orko silver -4,17%

i just thought: oh my dear, gold has fallen to zero and silver much below that! you know what? after a small intra-day loss both gold + silver have recovered and the current quotes are:

• gold +0,15%
• silver +0,03%

hell, how stupid is the homo sapiens financialis really? no, i'm not gonna 2 swear abt that this time ... i will better go take a bath and look later if the gold/silver stocks fell the same rate on the u.s. + canadian markets as well :-). did they?

btw, dear readers of my blog, i'm not going to bore you 6 times in 10 days with a message that my portfolio is a little bit higher again (it is a very natural thing in an uptrend :o), but i really wanted to tell you how unbelievable stupid we 'financial' folks as a group are ...

(source: www.eromism.com/img/homo_habilis_sapiens.jpg)