1. An investor update Presentation from Focus Minerals delivered at The Eastern Goldfields Conference download

2. An Analyst report issued by Ord Minnett download off the back of the commencement of mining at The Mount.

3. A report from analyst GoldOz download on the Focus Minerals operations.
“All successful companies do reach a defining point in their evolution where risk is reduced and sustainable growth can be achieved. Mining companies reach this point once their production and cash flows reach a certain level of viability. This is a transition in itself however it can be defined and identified. FML have now reached this point”

Plus a lovely article in miningnews.net.

http://www.reuters.com/article/2010/10/28/us-jpmorgan-hsbc-silver-lawsuit-idUSTRE69R2G420101028

Could be one of the big stories of the year…..

“According to estimates by Shayne McGuire in his new book, Hard Money; Taking Gold to a Higher Investment Level, the typical pension fund holds about 0.15% of its assets in gold. He estimates another 0.15% is devoted to gold mining stocks, giving us a total of 0.30% – that is, less than one third of one percent of assets committed to the gold sector.” read more
I wonder what the situation here in Australia is?

• ASX listed Australian gold explorers
• ASX listed Australian gold producers
• Australian gold bullion
• Buying Gold
• Gold Charts in Australian Dollars
• Mining Gold
• Australian gold warrants
• Australian gold bullion securities
• Australian gold bullion & coin dealers
• Australian gold nuggets
• Gold, Mining & Investment Resources
• Gold Charts in Australian Dollars : U.S. Dollars

http://broadcast.ino.com/education/gold31/?blog

Gold to USD$1,800 prediction.

There has been a bit of argy bargy re Australia’s Gold Coast property values….

I thought I’d muck things up with some real data as opposed to conjecture….I’ve just checked one of Australia’s top real estate data sources…. here are the actual figures…

Capital growth in Median prices of Gold Coast HOUSES
2007 12.9%
2008 4.0%
2009 -8.7%
2010 12.3%
2011 -1.3%

Capital growth in Median prices of Gold Coast UNITS
2007 8.6%
2008 1.3%
2009 -4.9%
2010 5.7%
2011 -4.4%

Capital growth in Median prices of Gold Coast LAND
2007 39.2%
2008 -13.3%
2009 -5.7%
2010 60.8%
2011 2.5%

These figures don’t show anything very alarming for Gold Coast Houses with a net gain over the last 4.3 years of 19.2%. But I wish I had bought more land 🙂

Focus’ Treasure Island lives up to its name and FML now has 100%. FML’s Black Dog redefines the term with excellent early results… no depression there

While Ramelius’ (RMS) deep drilling brings out bonanza grades…

what a happy day 🙂

I hold RMS and FML and I’m delighted that I don’t have to go to Africa to get my gold goodies….

(FML could turn out to be a major new gold producer -near term)

See earlier posts re FML

See earlier posts about Ramelius

I think it is perhaps a mute point but both Silver and Gold are breaking out to the upside….
Personally I think it is silver leading gold… but whatever according to C Twiggs they are on their way…
(Those that know me will be surprised to see me posting charts… as I have often said I drive by looking through the windscreen not via the rear view mirror but…..)

But if you have to follow a chartist then C Twiggs is a good go to resource…. I sneak a peek every day he sends his emails… 🙂

Those that follow this blog may remember a few months ago I posted several times about Ramelius ASX:RMS…. the story below confirms my expectations….

Gold miner Ramelius Resources Ltd has more than tripled its first half net profit after a four-fold rise in revenue from gold sales.

Net profit for the six months to December 31 was $32.29 million, up from $10.07 million for the previous corresponding period.

Sales of gold from its Wattle Dam mine, near Kambalda in Western Australia, totalled $83.66 million compared to $20.61 million for the first half of 2009/10.

The average gold sales price was $A1,387.48 per ounce, up from $A1,249.42 per ounce.

Ramelius ended December with $75.63 million cash on hand, compared with $21.46 million at the end of 2009.

Read the full AAP article