Your Questions About Invest In Gold Mining Companies

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James asks…

how to report scammers on yahoo mail?

HELLO & Greetings to you.

I am writing this letter in confidence believing that if it is the wish of God for you to help me and my family, God almighty will bless and reward you abundantly and you would never re-great this.

I am a female student from Burkina Faso University Teachings Hospitals (BUTH) Burkina Faso , Ouagadougou . My father died earlier eight months ago and left I and my junior brother behind. He was a king, which our town citizens titled him over sixteen years ago before his death. I was a princess to him and my mother is not literate enough to know my father’s entire wealth.

He left the sum of USD $4.350.000.00US dollars. In a security company, this money was annually paid into my late fathers account from the Gold mining company and Colton processing Company operating in our locality for the compensation of youth and community development in our jurisdiction.

I don’t know somewhere in abroad to invest the money so that my father’s kindred will not take over what belongs to my father and our family because I’m a female according to our African tradition.

Now, I urgently need your humble assistance to move this money from the security company to your bank account that is why I felt happy when I saw your contact because o strongly believe that by the grace of God, you will help me invest this money wisely. I am ready to pay 20% of the total amount to you if you can help us in this transaction and another 10% interest of annual after Income to you, for handling this transaction for us, which you will strongly have absolute control over. If you can handle this project sincerely and also willing to assist me in lifting this money to your country, kindly reach me.

Please, note that this transaction is 100% risk free and I hope to start the transaction as quick as possible, I will send you my photograph as soon as I hear from you
Yours sincerely,
Princess. Joy Zengo
“Joy Zengo”
these people got no conscience! they try everything to get something form anyone!i hate scammers!please do something to stop this yahoo mail….

financi4 answers:

I would like to stop them too. You can report ths to the IC3. It will help them know internet scam trends. Go to http://www.ic3.gov/default.aspx

George asks…

Pick a company to invest $10k in US stock market gold/silver sector?

How do I pick one company over another? My goal is to sell at $15,000, whenever that happens. I don’t need to money to live on – I have a good job, so I can be speculative.

For example, how would I go about comparing PAAS (Pan American Silver Corp) to MGN (Mines Management Inc)? I have access to charts, funamentals, earnings, etc. Is one better than the other? Are they both bad?

Does another company in the sector outshine the rest somehow?
Thanks, all. Lots of solid advice all around. Wish I could dole out points to several – Paducahbill and others. Cheers!

financi4 answers:

A 50% return in anything less than 5 years is an unrealistic goal.

Selecting a sector for investment that is currently hitting multi-decade highs is setting yourself for momentum chasing that is bound to end badly.

Charting and technical analysis is a waste of time, when it works at all it is only ever at the margin (and it is frequently, seriously, wrong).

Fundamental analysis is much more valuable but it is also something that cannot be easily summarized in a format like this one. At a minimum, you must have a clear understanding of profit and cash statements, a feel for the management of the company, and a foundation in financial strength/soundness and a margin of safety.

I would recommend, at least, scanning these books for insight:

The Only Investment Guide You’ll Ever Need ~ Andrew Tobias
Your Money and Your Brain ~ ~ Jason Zweig
The Only Three Questions That Count~ Ken Fisher
Common Stocks and Uncommon Profits and Other Writings ~ Philip A. Fisher
Stocks for the Long Run ~ Jeremy Siegel
The Black Swan ~ Nassim Nicholas Taleb
Mr. Market Miscalculates ~ James Grant
Tomorrow’s Gold ~ Marc Faber

Part of the point of this list is that these experts do not agree. Some of them fiercely disagree with each other. Something to keep in mind before putting any of your hard earned money at risk.

William asks…

Out of these companies, wich would be best to invest in?

A.B.C. LEARNING CENTRES LIMITED ABS
AGL ENERGY LIMITED AGK
AUSTRALIAN INFRASTRUCTURE FUND AIX
AMCOR LIMITED AMC
AMP LIMITED AMP
ANSELL LIMITED ANN
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED ANZ
ARROW ENERGY LIMITED AOE
AUSTAL LIMITED ASB
ASX LIMITED ASX
AWB LIMITED AWB
ALUMINA LIMITED AWC
AXA ASIA PACIFIC HOLDINGS LIMITED AXA
BILLABONG INTERNATIONAL LIMITED BBG
BABCOCK & BROWN WIND PARTNERS GROUP BBW
BENDIGO AND ADELAIDE BANK LIMITED BEN
BHP BILLITON LIMITED BHP
BRADKEN LIMITED BKN
BORAL LIMITED. BLD
BOART LONGYEAR LIMITED BLY
BLUESCOPE STEEL LIMITED BSL
BUNNINGS WAREHOUSE PROPERTY TRUST BWP
BRAMBLES LIMITED BXB
CABCHARGE AUSTRALIA LIMITED CAB
COMMONWEALTH BANK OF AUSTRALIA. CBA
COCA-COLA AMATIL LIMITED CCL
CHALLENGER FINANCIAL SERVICES GROUP LIMITED CGF
COCHLEAR LIMITED COH
COMPUTERSHARE LIMITED. CPU
CSL LIMITED CSL
CSR LIMITED CSR
CALTEX AUSTRALIA LIMITED CTX
DAVID JONES LIMITED DJS
DOWNER EDI LIMITED DOW
DEXUS PROPERTY GROUP DXS
ENERGY DEVELOPMENTS LIMITED ENE
ENERGY RESOURCES OF AUSTRALIA LIMITED ERA
FUTURIS CORPORATION LIMITED FCL
FOSTER’S GROUP LIMITED FGL
FORTESCUE METALS GROUP LTD FMG
FAIRFAX MEDIA LIMITED FXJ
GEODYNAMICS LIMITED GDY
GOODMAN FIELDER LIMITED. GFF
GUNNS LIMITED GNS
HEALTHSCOPE LIMITED HSP
HARVEY NORMAN HOLDINGS LIMITED HVN
ING INDUSTRIAL FUND IIF
IINET LIMITED IIN
IRESS MARKET TECHNOLOGY LIMITED IRE
JB HI-FI LIMITED JBH
JAMES HARDIE INDUSTRIES N.V. JHX
LEIGHTON HOLDINGS LIMITED LEI
LIHIR GOLD LIMITED. LGL
LEND LEASE CORPORATION LIMITED LLC
LION NATHAN LIMITED LNN
MACQUARIE AIRPORTS MAP
MACARTHUR COAL LIMITED MCC
MIRVAC GROUP MGR
MONADELPHOUS GROUP LIMITED MND
MACQUARIE GROUP LIMITED MQG
MYOB LIMITED MYO
NATIONAL AUSTRALIA BANK LIMITED NAB
NEWCREST MINING LIMITED NCM
NEWS CORPORATION NWS
ORIGIN ENERGY LIMITED ORG
ORICA LIMITED ORI
OIL SEARCH LIMITED OSH
OZ MINERALS LIMITED OZL
PALADIN ENERGY LTD PDN
PERPETUAL LIMITED PPT
PAPERLINX LIMITED PPX
QANTAS AIRWAYS LIMITED QAN
QBE INSURANCE GROUP LIMITED QBE
RAMSAY HEALTH CARE LIMITED RHC
RIO TINTO LIMITED RIO
RESMED INC RMD
SEEK LIMITED SEK
SIMS GROUP LIMITED. SGM
STOCKLAND SGP
SINGAPORE TELECOMMUNICATIONS LIMITED. SGT
SONIC HEALTHCARE LIMITED SHL
SIGMA PHARMACEUTICALS LIMITED SIP
SPARK INFRASTRUCTURE GROUP SKI
SILEX SYSTEMS LIMITED SLX
SANTOS LIMITED STO
SUNCORP-METWAY LIMITED. SUN
TABCORP HOLDINGS LIMITED TAH
TEN NETWORK HOLDINGS LIMITED TEN
TELSTRA CORPORATION LIMITED. TLS
TOLL HOLDINGS LIMITED TOL
THE REJECT SHOP LIMITED TRS
TATTS GROUP LIMITED TTS
WEST AUSTRALIAN NEWSPAPERS HOLDINGS LIMITED WAN
WESTPAC BANKING CORPORATION WBC
WESTFIELD GROUP WDC
WESFARMERS LIMITED WES
WORLEYPARSONS LIMITED WOR
WOOLWORTHS LIMITED WOW
WOODSIDE PETROLEUM LIMITED WPL
WOTIF.COM HOLDINGS LIMITED

financi4 answers:

Not one of them are good…there is one that is good, but some how you missed it on your list…I’ve made thousands of dollars from investing in it. The name of it is…………………………………

Ken asks…

what do you make of this email i just recieved?????

Dear Friend,

I am writing this letter in confidence believing that if it is the wish of Allah for you to help me and my family, Allah will bless and reward you abundantly and you would never regret this.My family and I are true moslems and worship Allah truthfully.

I got your contact during my search for this assistance. I am a female student from University Burkina Faso, Ouaga. I am 23yrs old. I’d like any person who can be caring, loving and home oriented.I will love to have a long-term relationship with you and to know more about you.

I would like to build up a solid foundation with you in time coming if you can be able to help me in this transaction. Well,my father died last year and left I and my junior brother behind. He was a king, which our town citizens titled him over sixteen years before his death.
I was a princess to him and I am the only person who can take care of his wealth now because my junior brother is still young and my mother is not literate enough to know all my father’s wealth. He left the sum of USD 7.5M (Seven Million, Five Hundred Thousand USDollars)in a Vault House.This money was annually paid to my late father from gold mining development company(spdc)and chevronoil company operating in our locality for the compensation of youth and community development in our jurisdiction.

I don’t know how and what I will do to invest this money somewhere in abroad, so that my father’s kindred will not take over what belongs to my father and our family, which they were planning to do without my consent because I am a female as stated by our culture in the town.

Now,I urgently need your humble assistance to move this money from the security company to your bank account, That is why I felt happy when I saw your contact because I strongly believe that by the grace of Allah, you will help me invest this money wisely. I am ready to pay 30% of the total amount to you if you help us in this transaction and another 10% interest of Annual After Income to you, for handling this transaction for us,which you will strongly have absolute control over it.

If you can handle this project sincerely and also willing to assist me in lifting this fund, kindly reach me.Please, note that this transaction is 100% risk free and I hope to commence the transaction as quick as possible,I will send you my picture as soon as I hear from you for recognition.

contact me through my e-mail: faisatfarouk@yahoo.com

Hope to read from you soon.
Yours Faithfully,
FAISAT FAROUK
lol nowadays people are sayin they are islamic just to get a bit of money

financi4 answers:

It’s a scam.

People nowadays will say ANYTHING to get moneys.

David asks…

When I purchase shares, what will happen to the price of them in general if differant things happen?

to be completely honest, i’m realy carefull and cheap and stuff, Lol, but I would like to do this anyway.

will the price of these shares go up or down, and for what reason if:

a) the computer company i invested in gains a larger share of the international market,

b) company tax gets pumped up

c) alot of iron mining companies, and not just mine (damn) discover a whole lot of gold

d) alot of companies in general in the sharemarket report that they made losses in the last financial year

e) businesses everywhere and not just mine are all confident and optimistic for the future and decide they want to grow and stuff

financi4 answers:

Share prices go up and down every day for all kinds of reasons – by the time you read about anything major – the big sock traders already know about it and the stock price will have already changed for the good or bad – they are not meant to be bought for short term speculation – if you want to buy a good stock – look for one that pays a dividend – then you get income – which you can reinvest for more shares, plus a more level / slower price appreciation – utility stocks are usually pretty good like that

Mark asks…

What happened to this company?

I was convinced to invest a bit of money in a penny stock 1-2 years ago. The company was a holding company, which one aspect was a mining company who supposedly found a bunch of gold in a previously abandoned mine.

The company was called Tristar Holdings (TSHL.PK). I purchased like 300K shares. The stock bounced around for a bit, but never really went anywhere. Then the company did a reverse split, and my ~300K shares are now numbering at about 7000 shares. When this happened they also changed their name to Macada Holdings (MCDA.PK).

Macada’s focus seems to be on a line of beauty products.

My question is, what happened to the gold? Did the company abandon the mining? Did the mining company split off?
A co-worker of mine came in one day talking about all this gold they found. I’m not sure how he found out about them. I really should have researched more, but the amount of money was fairly low, and I considered it like I would gambling. I had the money to blow, and had little to no expectation of return.

So now my question would be, what should I do with my $30 worth of stock… it’s worth 1/10th of what I gave for it now, and the fee for me to sell it with Fidelity is $15…

I’m figuring I should just hold on to it… It’s basically a loss at this point, so any gain would be welcome but not expected.

financi4 answers:

You might have a bigger question to ask: Who convinced you to invest in this stock, and why?

Just a bit over a month ago, the SEC filed suit against Macada and Tristar’s CEO for an alleged kickback scheme. Read about it in the pdf at the link listed below.

It gets even more bizarre. Remember Larry Wilcox, who played “Jon” in the NBC television show CHiPs back around 30 years ago? He’s named as a co-defendant in this lawsuit.

I’m not even going to speculate on what happened to the gold mining or whether there ever really was any.

Chris asks…

What do you own when you buy Gold?

I was just thinking about it on my way work when on the radio it said that gold was up to a new high. So I know that when I buy a stock, I am buying a specific company. Am I buying gold or the right to some gold?

Even that doesn’t make sense because there are businesses that mine the gold. To me, this is like buying ‘car’ but then what do I own? Cars? I wouldn’t think so. I would think that if I want to buy cars then I would invest in Ford, Toyota, or Nissan or something like that.

So what does ‘buying gold‘ mean?

financi4 answers:

Buying gold means buying actual physical metal. There’re a numbers of ways to buy gold. You can buy futures contracts, which give you the right to get actual metal at contract’s expiration. You can invest in a gold ETF (exchange traded fund) such as GLD in the US, which buys physical metal, but it gives you, the retail investor, a convienient way to invest in gold as you don’t have to worry about storage, expiration, insurance and etc. You can also buy gold coins, gold ingots (bars).

Investing in a gold mining company is a little different, as you take on additional company risk (the risk that the company goes bust and etc), but at the same time get a leveraged exposure to changes in gold price. That is, say it costs a mining company $300 to mine an oz. Of gold and the market price is $400. It means that the company is making $100 profit. Now, the gold price rises to $800, that’s a 100% rise (400 to 800), but it still costs $300 to mine gold, so the company’s profits rise to $500, which is a 400% increase.

Robert asks…

Is this Yahoo email a hoax?

I got this email from yahoo, but have no idea why;

Event Details
Host: p_sharon03
Date: Saturday 5 September 2009
Time: 15:00 – 16:00 (GMT +00:00)
Street: Hello and greeting to you Please kindly accept my apology for sending you this email without your consent. I write to ask for your kind assistance to be our foreign business partner. I am a student from Burkina Faso University Teachings Hospitals (BUTH) Burkina Faso , Ouagadougou . I am 23 yrs old. I’d like any person who can be caring and loving; I will also love to have a long-term relationship with you and to know more about you. I would like to build up a solid foundation with you in time coming if you can be able to help me in this project; My father died earlier eight months ago and left I and my junior brother behind. He was a king, which our town citizens titled him over sixteen years before his death. I was a princess to him and I am the only person who can take care of his wealth as a princess to him according to our African tradition now because my junior brother is still young and my mother is not educated enough to know all my father’s wealth. Now this is why i contacted you, My late father left behind the sum of $980.000.00US dollars.(nine hundred and eighty thousand United State Dollars) in a security company. This money was annually paid into my late fathers account from the Gold mining and the Cotton processing companies operating in our community for the compensation of using our land. I don’t know how and what I will do to invest this money somewhere in abroad so that my father’s kindred will not take over what belongs to my father and our family, which they were planning to do without my present because I am a female as stated by our culture in the town. Now, I urgently need your humble assistance to move this money from the security company to your bank account, That is why I felt happy when I saw your contact because I strongly believe that by his special grace you will help me and my family invest this money wisely in your country. I am ready to pay 20% of the total amount to you if you help us in this transaction and another 10% interest of annual income to you for handling this transaction for us, which you will strongly have absolute control over. If you can handle this project sincerely and also willing to assist me in lifting this money to your country, and take note that these no risk involved in this transaction and I assured your security and for that reason i would like you to visit my country so that you will see things yourself, I believe you are sincere and highly respected considering the truth that I sourced your email from the peoples search data web during my search for a foreign partner whom can assist us in taking this business to its success. I look forward to hearing from you.Yours sincerely,Princess Sharon

I have NO CLUE who princess Sharron is, and NO WAY am I attending. But why did I get this email from Yahoo????

financi4 answers:

It is a SCAM just hit the SPAM button. Do not open emails like this it just confirms your email address and you will get a lot more spam. Never give out your personal info to any of these places. It is a phishing scam. Hope this helps!!!
You can report this fill out the phishing form below.
Http://help.yahoo.com/l/us/yahoo/security/phishing/phishing-110141.html
Forward the email to.
Phishing@cc.yahoo-inc.com.

Donald asks…

Discuss whether Gigi and Ron are behaving in a professional manner.?

Gigi Liken and Ron Bobo are organizing Gold Unlimited Inc. to undertake a high-risk goldmining venture in Canada. Gigi and Ron tentatively plan to request authorization for 75,000,000 shares of common stock to be sold to the general public. Gigi and Ron have decided to establish par of $1 per share in order to appeal to a wide variety of potential investors. Gigi and Ron feel that investors would be more willing to invest in the company if they received a large quantity of shares for what might appear to be a “bargain” price.

Discuss whether Gigi and Ron are behaving in a professional manner

financi4 answers:

I think they need to ask their lawyer for advice before they do anything. Why is this question in horseracing?

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