I encourage any of you who have accumulated a large share position in CMM to attend the call on June 2nd at 11 PST.  the ph# is 1-800-369-2128

I'll be on the call probing management, but more specifically, trying to highlight the positive nature of the financials as I think they were very good.

Victor

Hi All,

I'll be on BNN this morning at 830 EST so if you have any questions pleaes email them the commodities report.

Also, not too long after i came back from europe did I return to another conference, so if I have been hard to get a hold of that would be why.  I should have a couple of recommendations up soon including an old favorite, Orko Silver.

Cheers

Good day everyone,

~I went to the Europe Gold Show in Zurich and ended up having my travel all messed up due to the volcano.  I thus decided to spend some time here in Europe.  I am visiting my family in Portugal and will also be visiting a tungstun project in eastern Portugal.  Iºll try and keep everyone posted.  The internet is a little shotty here. 

Other than that, I hope you are all enjoying the run we have had on Century Mining (V.CMM)  At 72 cents I still think there is plenty of upside left.  The initial target is for 1.50 and at that price I will re-evaluate it, Iºm really looking for this to be bigger than a SAN GOLD.

In the mean time have a great weekend

Victor

Hi everybody,

I was on BNN today on the commodities report.  Go to bnn.ca and check it out.

Good Morning,

It was a pleasure meeting everybody in Montreal, a beautiful city.  For those of you who just signed up, I just posted some Geology tutorials in the tutorials section. 

The next show I will be at is the Exploration Quebec.  If there's anybody going to that show, I'll see you there.

Good Morning,

It was a pleasure meeting everybody in Montreal, a beautiful city.  For those of you who just signed up, I just posted some Geology tutorials in the tutorials section. 

The next show I will be at is the Exploration Quebec.  If there's anybody going to that show, I'll see you there.

Good day,

I was speaking the good folks at Riverside Resources and was told about a multipart video series on geology.  I thought this would be an excellent addition the Equities and Economics Report website.

http://www.youtube.com/watch?v=icvnROp7GYw

Here is something that I did a while back, thought you might be interested.  For more of these green companies come visit my other website, www.greenmoneyreport.com

http://www.thestar.com/business/smallbusiness/article/610259

Hi all, I figured I would do a video version of a post instead.  I'll do these periodically.  Enjoy

http://www.youtube.com/watch?v=jqsbdQI5g9E

Hi all, I figured I would do a video version of a post instead.  I'll do these periodically.  Enjoy

http://www.youtube.com/watch?v=jqsbdQI5g9E

After reading the following article, it just goes to show how interdependent the Chinese are with the US.  If the Chinese buy no more US debt then the US will have to raise interest rates to attract more investors causing global rates to go up, not to mention make even harder than it already is to get a loan or line of credit.

The US wants to spend heavily to stimulate the economy but the only problem with that is that the money is not being spent on what it was intended, instead, it is going to pork barrel projects.  Understandably the Chinese are concerned over the lack of disciple the US is showing.

So...the outcome will probably be more money spent by the US.  The only question is will the Chinese follow through?  After all they are the US's largest creditor.  Any moves the Chinese do to further destabilize the US (not providing them the required capital) could spiral the already devastating state of the economy and further cause the US to simply print more money.

BEIJING – China's premier didn't say it in so many words, but the implied warning to Washington was blunt: Don't devalue the dollar through reckless spending. Premier Wen Jiabao's message is unlikely to be misunderstood at the White House. It is counting on Beijing to help pay for its stimulus package by buying U.S. bonds. China already is Washington's biggest foreign creditor, with an estimated $1 trillion in U.S. government debt. A weaker dollar would erode the value of those assets.

"Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," Wen said at a news conference Friday after the closing of China's annual legislative session. "I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets."

The appeal suggested the outlines of Chinese President Hu Jintao's stance when he meets with President Barack Obama at an April 2 summit in London of the Group of 20 major economies on possible remedies for the global crisis.

Wen gave no indication whether Beijing wants changes in U.S. policy. But economists said his comments reflect fears that higher U.S. budget deficits from Washington's $787 billion stimulus package could drive down the dollar and the value of China's Treasury notes.

"China is telling the U.S. to be careful, not to overspend and keep an eye on the dollar," said Kelvin Lau, regional economist at Standard Chartered in Hong Kong. "There are risks that China cannot control, so they're depending on the U.S. to maintain fiscal prudence and keep the dollar reasonably stable."

In Washington, White House press secretary Robert Gibbs responded to Wen's concerns by saying the Chinese should rest assured because investments in the U.S. are the safest in the world.

Gibbs also said Congress can help by passing Obama's budget for next year, which promises to halve the deficit by the end of his term.

Analysts estimate China keeps nearly half of its $2 trillion in foreign currency reserves in U.S. Treasuries and notes issued by other government-affiliated agencies.

"Inside China there has been a lot of debate about whether they should continue to buy Treasuries," said Frank Gong, chief China economist for JP Morgan.

Beijing is trying to increase its leverage at the London G-20 meeting by reminding its partners of its role in financing U.S. spending, Gong said.

"Without China's buying (Treasuries) and continuing to fund U.S. deficit spending, interest rates could have been much higher. That could be very destabilizing in this very recessionary environment," he said. "By attracting a lot of attention to this issue, China is already increasing its influence ahead of the G-20 meeting."

Finance officials from the G-20 meet this weekend. U.S. Treasury Secretary Timothy Geithner is pressing for a new coordinated global stimulus. Japan is supportive but European governments are reluctant to make expensive commitments before they see how current plans are working.

Wen also offered an unqualified defense Friday of his government's policies in Tibet, ignoring questions about a massive security buildup in the Himalayan region.

Tensions have spiked ahead of two key anniversaries this week — the 50th anniversary of a failed Tibetan uprising that sent the Dalai Lama into exile and Saturday's one-year anniversary of violent anti-Chinese riots in Lhasa that sparked the largest protests in decades.

Asked whether the massive security presence pointed to failings in Beijing's policies, Wen said: "The situation in Tibet is on the whole peaceful and stable. The Tibetan people hope to work in peace and stability.

"Tibet's continuous progress (has) proven the policies we have adopted are right," he said.

Wen expressed confidence the world's third-largest economy can meet its official growth target of 8 percent this year and emerge from the crisis "at an early date." But he said Beijing is ready to expand its 4 trillion yuan ($586 billion) stimulus if needed.

"We already have our plans ready to tackle even more difficult times, and to do that we have reserved adequate ammunition," he said. "That means that at any time we can introduce new stimulus policies."

Communist leaders worry about rising job losses and possible unrest amid a trade slump that saw Chinese exports fall 25.7 percent in February from a year earlier. They have promised to spend heavily to create jobs and boost exports.

Chinese bank lending and power demand have risen, suggesting the stimulus is taking effect. But growth in retail sales is weakening, indicating it has yet to spur private sector spending and investment, which analysts say will be key to its success.

Private sector economists expect growth as low as 5 percent this year. That would be the strongest of any major country but could lead to more waves of job cuts.

"I really believe we will be able to walk out of the shadow of the financial crisis at an early date," Wen said. "After this trial, I believe the Chinese economy will show greater vitality."

Wen also said Beijing wants the G-20 summit in April focus on helping the poorest countries.

The premier said Beijing has met its own commitments to help developing countries by erasing a total of $40 billion in debt owed by 46 countries and giving out 200 billion yuan ($29 billion) of aid to developing countries."

"We must see to it that we show concern for developing countries," he said.

-yahoo finance

Hi everyone,

Recently I have been featured on the following TV and radio show.

BNN and The Korelin Economics Report.

Please follow the links to these clips and also be sure to check out the Green Money Report that I have recently launched in January at www.greenmoneyreport.com

http://watch.bnn.ca/thursday/#clip143986

http://www.kereport.com/WeekendSpecial/ws022209-3.mp3

http://www.kereport.com/WeekendSpecial/ws022209-4.mp3

Hi everyone,

Recently I have been featured on the following TV and radio show.

BNN and The Korelin Economics Report.

Please follow the links to these clips and also be sure to check out the Green Money Report that I have recently launched in January at www.greenmoneyreport.com

http://watch.bnn.ca/thursday/#clip143986

http://www.kereport.com/WeekendSpecial/ws022209-3.mp3

http://www.kereport.com/WeekendSpecial/ws022209-4.mp3

Hi everyone,

Recently I have been featured on the following TV and radio show.

BNN and The Korelin Economics Report.

Please follow the links to these clips and also be sure to check out the Green Money Report that I have recently launched in January at www.greenmoneyreport.com

http://watch.bnn.ca/thursday/#clip143986

http://www.kereport.com/WeekendSpecial/ws022209-3.mp3

http://www.kereport.com/WeekendSpecial/ws022209-4.mp3

Hello Everyone,

2009 has not been a great year market wise so far, but those who are subscribers would have enjoyed some excellent opportunities.  Since making some recommendations over this year and then end of last, most of the companies are up 300-400%.  As and Example, Kent Exploration is up from 3 cents to 16, Niogold is up from around 5 cents to nearly 20 and there are more.  This year I believe that companies that have some substance will prevail.  Exploration is always needed, but real assets are what people are really paying for.  The Equities and Economics Report has identified cashflow in the juniors markets.

We will still look at exploration but it has to be quite stunning.  I am not yet convinced that the market is out of the woods, as it where, but there are opportunities to be had. 

There are also amazing opportunities in the Green Space.  I cover that in the Green Money Report  www.greenmoneyreport.com  

Looks like the state of infrastucture is very bad, but that means good things for the base metals story down the road.

<script src="http://i.cdn.turner.com/cnn/.element/js/2.0/video/evp/module.js?loc=dom&vid=/video/us/2009/01/28/dcl.jm.infrastructure.cnn" type="text/javascript"></script><noscript>Embedded video from <a href="http://www.cnn.com/video">CNN Video</a></noscript>

The US is planning on spending plenty of money on green alternatives. 

He plans on “doubling the green alternatives in the next 3 years”

                        Retrofitting 75% of buildings to be more efficient.

                        Creating jobs in the green sector was directly quoted.

This was mentioned today in his address.  What does this do for green and my theory of the economic recovery?  It means I’m right AND somebody with decision making power recognizes.

I will be launching a new newsletter that will focus entirely on green technologies and a new green economy.  All ENE subscribers will have an automatic subscription to this new newsletter.

Kindest Regards.

I went to an event last night, hosted by Dinan Engineering and Canaccord Capital at Brian Jessel BMW in Burnaby.  The event was to raise awareness about the up coming IPO of Dinan Engineering.  I had a chance to meet with Steve Dinan and was quite excited with the IPO (and the products).  This might be because I am a BMW enthusiast and get excited with prospect of even more power and refinement in an already great car.

Steve gave some direction as to where the company is headed in the future as the crowd (about 500) sipped some wine.  Expect an update as the time draws closer to the IPO of a company that appears to be profitable.

Of course to make a truly educated decision about the company, I have to try the technology J

To be continued…

By The Canadian Press

OTTAWA - The Supreme Court of Canada has put its stamp of approval on a regulatory order forcing major airlines to provide an extra seat for free to disabled or obese passengers who need the room.

In a decision released without comment, the high court rejected an application by Air Canada and WestJet for permission to appeal the order issued by the Canadian Transportation Agency.

The court decision, in effect, upholds the agency's finding that the two carriers were discriminating against the disabled.

The agency ordered the companies last January to adopt a policy of "one person, one fare."

That would mean, for example, that a disabled person who needs additional room for a wheelchair, or an obese person who needs an additional seat, couldn't be charged extra.

It would also mean that, if a disabled person has to be accompanied by an attendant, the attendant would ride for free.

Bus, train and ferry companies have long agreed to such arrangements, but the airline industry has argued it would lose too much money by doing the same.

***

This is a win for a certain portion of the population and at no disrespect to them.  However, the airlines aren't going to just absorb that cost.  I would suspect that this would be a great piece of news to hike airfare.

Maybe, seeing as healthcare is a governmental duty, it should be a policy that is subsidized by the government.  I would be interested to see if the government would pass such a law if they had to pay for it.

I would suspect that they MIGHT and IF they did, the paperwork to determine if an obese or disabled person qualifies would be daunting.

Hi all,

I have resumed posting blogs.  I am currently in Mexico looking at a exploration project and am traveling to Chile to look at another.

Here is a link to my feature on the Howe Street report.  Enjoy.

http://www.howestreet.com/index.php?pl=/fbn/index.php/mediaplayer/283

Good day,

If some of the pictures are too small just right click on it and select "view image"

I recently posted this on kitco.  For those who haven't seen it yet, here it is.

The Commodities Super Cycle?

So what’s driving it? I would like to take a second to show some interesting statistics.

On June 30th 2001, copper was near or at its all time low of around 60 cents, effectively uneconomic, and had been like that for some time. Inventories were also at all-time highs. That date also reflects the highest price-point of the US dollar. Since then, we have seen the largest run in the price of copper (as well as all commodities) ever. 

There are several key drivers to this that have to be examined. We’ll look at copper and then extend it to other commodities. The sheer increase in consumption without much production has caused the inventories levels to drop about 78%. Based on that alone, and assuming a perfectly competitive market, we should have seen a proportionate increase in the price of copper. After doing the math, we should get a price of copper based on inventories of 2.47 a pound, a far cry from the current 3.90 a pound. Or another way of looking at it is to take the current price of 3.90 and adjusting it down by 37.6 percent to reflect the weakness the US dollar has had since 2001 and it comes out to 2.43 a pound. Either way it comes to roughly the same price and they reflect equilibrium between price and inventories. This is very interesting because the price of copper is not determined by fundamentals alone, when reflected in US dollars as just demonstrated.

So how do we price copper as well as all commodities?  If we use the fastest growing economies, then it is either the Chinese currency or a basket of the Asian currencies. That is problematic because of the manipulation of the currency and the weakness of the banking system in most Asian economies. The next candidate is the EURO. If we price copper in Euros, we get a price of 2.57 a pound. What we have is a (nearly) perfectly competitive market in copper, based on the fact that copper inventories have decreased by the same proportion of the increase in price (using Euros). The price of copper is (nearly) perfectly reflected in Euros. This suggests that the Euro is a much stronger and safer currency. Again to emphasize, this relationship is between the price of copper based on the inventory numbers and the price of copper priced in Euros. One other quick note in the name of consistency, the price of copper (as well as all other commodities) was roughly the same in Euros as in USD in June of 2001.

Going back to fundamentals, we have not seen a noticeable change in the inventories of copper since about early 2005. That suggests that the price move of copper was strictly correlated with the change in the US dollar. Sure there were small fluctuations in the inventory numbers, but that was reflected in price as well.

So what is going to drive the price of copper going forward? If the US dollar falls even farther, which I think it will, then we will see an increase in the price of copper. Inventories seem to be holding steady in a range, so I personally will be using the EURO dollar to price copper.

How do the rest of the commodities stack up under the same analysis? This analysis works surprisingly well for all other metals, as it is based on simple supply and demand principles adjusted for inflation. Here is a table of the results;

What I would like to point out is the following:

1. With the exception of moly and zinc, all metals prices are within 10 percent of their equilibrium, which for anything that is tradable on a daily basis is remarkably good.
2. The price of Moly and zinc in Euros should therefore adjust accordingly to their inventory-reflected prices.
3. Pricing of commodities in Euros is only on average 5.2% different than the US currency inflation adjusted price.
4. About 1/3 of the commodities rally is due strictly to the drop in the US dollar.

Going forward, the question begs to be asked what will happen to commodity prices? The answer to this is relatively simple. For the foreseeable future they should remain fairly close to or at these levels in Euros. The US price of the metals will fluctuate with the change in the US dollar. I am of the camp that the US dollar is on the way out. So in US terms I believe that the price will continue to rise until we start pricing commodities in Euros.

As for inventories, they hit their lowest point in 2005 and have been stable or slowly rising ever since. This means that there is enough copper feeding the markets to keep up with the current consumption rate. This is reflected in the record amounts of exploration. This will not translate into any meaningful increase in production for several years yet, but it does suggest that the clock is ticking towards lower metals prices, or at least that we may have had a peak in metals prices in real terms.

Victor Goncalves

The WCMS Newsletter has changed its name to the EQUITIES AND ECONOMICS REPORT.

Further you can catch Victor Goncalves on BNN on March 4th for the Stars and Dogs segment.

The WCMS Newsletter has changed its name to the EQUITIES AND ECONOMICS REPORT.

Further you can catch Victor Goncalves on BNN on March 4th for the Stars and Dogs segment.

This comes as no surprise to WCMS Newsletter subscribers because in February of 2007 an extensive article was released with regards to silver supply and demand as well as some price targets.  Silver currently is at 18.82 on the spot price which has closed the gap on the gold/silver price ratio to 50.1, down from 56-57.  Silver is on target to my shorter term price target of 22-25 dollars.  Recent demand and supply fundamentals have softened over the past year, but I believe that it will be a temporary effect.  Investment demand is set to accelerate as well as demand in industrial uses.  The real catalyst is going to be the investment demand in the future. 

We have had a spectacular run and may start to see some resistance come in at the 19-20 dollar range, but that is to be expected with big moves like this.

If you want to receive the entire document as well as a fantastic silver focused companies please sign up www.wcmsnewsletter.com/signup

If any one was wondering about the growth in China and maybe figuring that it would go away if the US went into recession, here's some food for thought.

They say a picture is worth a thousand words, well in this case, about 1,000,000 per square kilometer.  Just  imagine going to the beach here!

Hi Victor,

Just wanted to get your take on why the precious metal stocks are down this week.  Silver has been screaming lately, yet the silver stocks have been down over the last week.  Silver was up +.30 earlier today, (and almost +$1.00 since Jan 11) yet all of the silver stocks are getting hammered, trading well off their highs earlier this month while silver trades at 27 year highs???  Do you have any explanation and how long you think this will last before they move higher.

 Thanks man.

Bill

Bill, you bring up a good question.  I am more curious as to which companies you are referring to or rather as to which company class you are referring to.

First lets take some comparatives, this my help to sort out why.

Last Tuesday, the TSX dropped about 600 points and the Ventures dropped about 227 points.  The TSX dropped from 13000 or so and the Ventures from about 2750ish.  One is a 5% drop and the other is an 8.5% drop.  That is the first part, potentially you are looking at juniors and this would answer your question.  Lack of liquidity in the juniors and a lack of certainty about the markets will give us a flight to safety and that means to a large degree away from the juniors.  You’ll notice the TSX bounced 50 8 points the next day and the Ventures only about 80.  The TSX regained almost all of its footing where as the Ventures regained about 1/3.  This is the problem we see.

Secondly we are seeing silvers fundamentals change on the industrial side.  50 percent of the silver used is industrial.  That demand is going to decrease a little.  Further, we are seeing a little more softness from the investment side of things in the past little while.  We have also seen some hedging in silver sales for the first time in a long time.  This is an indicator from the producers that they think silver is getting high.  How accurate that is…another story.  Gold was hedged at 300 dollars an ounce.  That combination may have caused some pressure on silver stocks.  I don’t think that the decrease in investment in silver will stick around for long but we are not going to see that robust growth in silver investment until we see gold push higher, say 1050 or better.

With that all being said, the next point is that much of the silver that is produced is from polymetalic mines not really pure producers.  A lot of the pressure we are seeing is more on the side of the explorers.

I see silver stocks this year in an interesting position.  Those with great assets will do well, Orko silver is an example, in fact this pull back we have seen might present a good time to reposition ones self with silver companies.

I hope this answers your question, it was a good questions and I am putting the answer up on the site for the reference of other readers.

I would like to point out that this answer might have sounded a little bearish, but I am still very bullish on silver.  I Still maintain my targets for this year and the coming years.  If you are not a subscriber and would like to know more, go ahead and sign up for a 1,2 or 3 year subscription.

Cheers

At the recent Vancouver Cambridge house conference, I discussed investing in gold.  Further I indicated that major investors are going to be paying for the production more than the exploration.  I had recommended a major company as they have performed in-line with the price of gold.  I believe it is time to start looking for the hidden gems.  These are the underexposed companies that are either a junior producer with potential for a great increase in resource or a company that is on the cusp of producing.  I will be talking about a few of these in my newsletter in the upcoming weeks so stay tuned.  In the mean time, here is an example of one that hits close to home for me, Manitoba.

Garson Gold is a potential candidate for this latter category.  First of all, it has property in Northern Manitoba, one of the best jurisdictions to do mining in North America.  Secondly, it has a fairly new mill that has been kept on care and maintenance for the past while.  Thirdly, there is a resource on the property and they are defining more to start feeding the mill.  These are the ingredients for near-term production.

Let us expand a little on these topics.  The history of the New Britannia Mine and the area goes back about 80 years.  There was exploration work done in the area of about 50,000 feet of drilling.  Production in the area in the 1940’s and 50’s totaled about 610,000 ounces.  Even more exploration was done in the 1980’s and a mine was built in 1987 by High River Resources, which formed a 50/50 Joint venture with TVX (later becoming Kinross Gold) to reopen the mine which happened in 1995.  792,379 ounces were produced until 2004 with recoveries at 93%.  The mine was shut down and put on care and maintenance at that point due to the price of gold.

Now we have a situation were the mine and claims that go with it are 100% owned by Garson Gold.  Kinross has a 19.9% stake in Garson Gold.  Kinross has a back-in right for 60% if 3 million ounces of 43-101 compliant reserves are proven up.  The back-in would cost Kinross 3 times the money that Garson spent to that point.  That being said, I am pretty sure that given that Garson won’t need much funding to make this project happen, they won’t be in a hurry to prove up the 3 million ounces.  My guess is that they will keep the resource under 3 million and just keep adding to it as needed, thus avoiding giving away the project, so to speak.

Manitoba is very mining friendly.  Similar to the Quebec government, there is a kick back on exploration work, in the case of Manitoba it is 35%.  The work force in Snow Lake is used to mining and has an expertise in the area.  The infrastructure is also very good.  Work can take place year round in Manitoba.

One of the beauties of this project is that there is no permitting required, and everything is in place.  There is no question as to where the funds are going to come from to build the mine and mill.  It is already there.  This is in my opinion a huge asset.  It is one thing to prove up a resource and by drilling.  It is an entirely different thing to get through the permitting process, no matter how friendly the area is to mining.  A 43-101 resource would have to be proven up, a scoping study, the environmental impact study, the pre-feasibility and the feasibility would have to also get done.  All this would take years to complete.  All that is done already, and all Garson has to do is increase the size of the resource.

The Resource at the New Britannia Mine is 2,211,000 tonnes at 5.11 g/t for 364,000 ounces on a Measured and Indicated bases.  The current inferred resource is 1,094,000 tonnes at 5.01 g/t for 176,000 ounces.  Currently there is a drill program in place to bring the inferred numbers up to a measured category.  There is also drilling to expand the resource.  I believe that if they prove up around 1 million ounces or more, the company will be in good shape.  That being said, given the geology of the area and their land package, this shouldn’t be a problem.  The drill program is scheduled to be 20,000 meters.

The share structure is really the only problem I have with this company at the moment.  They have just completed a financing and now have close to 100 million shares outstanding.  I like that in the short term we can see production.  The current net present value of the company should be at about 58 cents per share based on my calculations.  This represents a substantial premium to the current market price of about 21 cents.  Further, once the company has entered the production phase we are likely to see a share price of closer to 1.10 dollars per share.  This is with all assumptions used being true for the whole period.  Production levels will influence this number greatly.

What the market needs to see going forward is the increasing of reserves.  Garson should use the money it recently raised to expand and upgrade the resource.  That is what is going to move the share price of this company.  If they fail to prove up sufficient resources in this next drill program there may be problems with the share price and there in lies the risk.  That being said, I believe that there is a good chance that they will prove up significant reserves. 

gor more information on Garson, go to www.garsongold.ca

Good day ladies and gentlemen.

 A little house keeping; I will be updating the website over the next month as on February 2^nd is the one year anniversary of the website you see here.   As some of you first subscribers may remember before this website there was a rather different one that was in much need of a overhaul.  There wont be a major overhaul on this website, just a little tweaking to make it a little more aesthetically pleasing and to generally improve your service.  Any of the changes that will occur will not affect your current service.

One noteworthy point is that the subscription rate will be increasing for new subscribers shortly, so if you were thinking of joining, now would be a good time.  The new rates will be 109 for a one year, 159 for two years and 179 for three years.  Over the long term the prices stay the same.

One more point, I will see those of you who live in Arizona or are coming down for that conference on the 9-10^th of February in Phoenix for the Cambridge House conference.  www.cambridgehouse.ca

Once again the Cambridge House Conference was a great success,  despite the 600 point drop in the markets.  I don't think tomorrow will be much different unfortunately.   

Some of you had the priviledge to listen to my talk about investing in gold in these uncertain markets. That report is exclusive to subscribers.  When you sign up you will recieve a copy of that report.

Here are some pics of the conference.

I will be posting a page with a selection of photos from the past year's traveling and conferences when I get back from Mexico on Friday.  I will be going down to look at a property.

Good day everybody,

The best of the season to all of you!  I hope and wish for prosperity, health and wealth for each and every one of you for 2008.  2007 has been an interesting year, with the subprime, the Canadian dollar roaring over par, gold at just shy of 850 dollars, it has been and eventful year.

I also want to take this time to remind everybody that this season is a great time to remind ourselves that all the prosperity in the world would not be worth it if it weren’t for family and friends.  So please take some time to celebrate what really matters, your family and friends.

I wish a happy new year to all of you

Victor Goncalves

Hi all,

There has been an update to the geo tutorials.  If there are any questions about metallurgy they should be answered in this addidtion.  Enjoy.

I also got an email recently that I am always delighted to see.  It reads as follows;

--Must admit I was delighted as I have been trying to figure out Warrants for a few weeks as this is all quite new to me and the first thing I see in the tutorial is ''Time to talk about warrants'' which has clearly explained things.
The coverage of MetalCorp is fantastic of which I am a shareholder but will now increase my holdings in this one."
 
Many thanks

********* 
Inverness, Scotland, UK

This was taken from the www.mercola.com website.  I thought it was good for a laugh but it is alarming when you read it.  The defenition of disorders has now moved to every aspect of life. 

Normal Human Experience Now Masqueraded as “Disorders”

Do you have difficulty sleeping after drinking coffee? The problem isn’t a product of your poor judgment in guzzling java immediately before retiring. You are a victim of 292.89 -- Caffeine-Induced Sleep Disorder F15.8. If you reflect on your shyness while tossing and turning, the problem could be the epidemic of 300.23 -- Social Phobia F40.1. Don’t worry. Drug treatment is available.

Unfortunately, if you’re thinking about your place in the cosmos or spiritual issues, you’ve got V62.89 -- Religious or Spiritual Problem Z71.8, and I couldn’t locate a drug for that.

Bad parenting is about to become a thing of the past. It’s not your fault, or your child’s fault. Besides the ubiquitous pandemic of ADHD, there are other disorders you may not be aware of.

Your ill-behaving child may be suffering from 313.81 -- Oppositional Defiant Disorder F91.3. If your child often argues with adults, loses their temper, deliberately annoys people, etc., you’re dealing with ODD. Of course, this must be differentiated from 312.8 -- Conduct Disorder F91.8, and 312.9 -- Disruptive Behavior Disorder Not Otherwise Specified F91.9.

Should the problem be getting along with a brother or sister, the condition is V61.8 -- Sibling Relational Problem F93.3. And should you argue with your spouse about whether the child should be grounded or drugged, you might be looking down the barrel of V61.1 -- Partner Relational Problem Z63.0.

If math homework is a challenge, be sure to check for 315.1 -- Mathematics Disorder F81.2. You must be careful not to confuse this with a V62.3 -- Academic Problem Z55.8. If things are OK in the math department, but you have a teen experiencing uncertainty about life goals, career preferences, values, loyalties, etc., you’re dealing with 313.82 Identity Problem F93.8. This has been downgraded from a “disorder” in DSM-III-R, to a mere “problem” in DSM-IV. I’ll bet that makes you feel better.

A Pill for Every Issue You Don’t Want to Face

A plethora of sexual issues are described as “disorders.” We are all familiar with Bob Dole making erectile dysfunction a household word, with the blue pill offering a solution. But that’s just the tip of the, um, iceberg. If the target of your libidinal interest is ignoring you, the problem may be 302.71 Hypoactive Sexual Desire Disorder F52.2.

Lest anyone be offended, I will not address the other disorders codified in Chapter 20. Simply be happy that there are solutions that do not require you to address issues in your relationship.

Men can obtain testosterone cream if a doctor determines that it’s “right for you.” The stuff is said to work well. According to an ad in JAMA⁵, “Sexual enjoyment and satisfaction with erection duration were improved vs. baseline, but these improvements were not significant compared to placebo.” The ad shows a couple dancing, a couple riding a motorcycle, and two pictures of men swinging golf clubs (alone) and smiling.

Perhaps the next version of DSM will have a category for “golf disorders.”

REFERENCES

1. Wood H: Retail therapy. Nature Reviews Neuroscience 2003;4:700.

2. Webster’s New Universal Unabridged Dictionary. Barnes and Noble. New York. 1996.

3. Sato A: Medicalization and medicalization theories.

4. Reed WH, Wise MG: DSM-IV Training Guide. Brunner/Mazel, Inc. Philadelphia, PA. 1995.

5. JAMA 2003;290(11):1427.

It is not often that I do this, but I would like to mention one of the dinners I had at the Cambridge House in Toronto recently.  I had dinner with the president of Alexandria Minerals Mr. Eric Owens, his wife and Mr. Matt Morrish.  It was a delightful dinner and I was able to get an update on the operations of the company.

I must say that the operations are almost insignificant to the management.  Mr. Owens has had many years in exploration and management.  One of the things I like about him is that he is a realist and not a person to pump people full of hot air.  These are attributes that are harder to find these days in the market place.  We didn’t just talk about work we talked about wine, family, and life in general.  Mr. Owens is what I would consider one of the top CEO’s in Quebec exploration.

The project itself is worth talking about.  I visited it in August and wrote about it in the blog section.  I believe that the current exploration methods and geologists being used will yield something of value.  It is too early to really discuss the economics of it but the grades were good and the not too deep.

I would like to suggest to everyone to stop by Alexandria’s website and have a look as to what they are doing. www.azx.ca

Here are some pics from the August tour.

the group on site taking notes of the property

on site-the drill turning.

at the core shack examining the core.

It is not often that I do this, but I would like to mention one of the dinners I had at the Cambridge House in Toronto recently.  I had dinner with the president of Alexandria Minerals Mr. Eric Owens, his wife and Mr. Matt Morrish.  It was a delightful dinner and I was able to get an update on the operations of the company.

I must say that the operations are almost insignificant to the management.  Mr. Owens has had many years in exploration and management.  One of the things I like about him is that he is a realist and not a person to pump people full of hot air.  These are attributes that are harder to find these days in the market place.  We didn’t just talk about work we talked about wine, family, and life in general.  Mr. Owens is what I would consider one of the top CEO’s in Quebec exploration.

The project itself is worth talking about.  I visited it in August and wrote about it in the blog section.  I believe that the current exploration methods and geologists being used will yield something of value.  It is too early to really discuss the economics of it but the grades were good and the not too deep.

I would like to suggest to everyone to stop by Alexandria’s website and have a look as to what they are doing. www.azx.ca

Here are some pics from the August tour.

the group on site taking notes of the property

on site-the drill turning.

at the core shack examining the core.

Gold broke through $800 today and silver is pushing through $14.50.  These are positive signs.  I firmly believe that precious metals are going to accelerate their gains and that we will see more volitity in their prices.  More specifically Silver will really be the star.  For the full WCMS report on the price targets for the metals and more sign in or if you're not a member, sign up at www.wcmsnewsletter.com/signup/

You will be kept up to date about what is going on with the markets and what companies are set to outperform.

Plus, find out which major gold company is set to soar over the next 6 months.

As mentioned in the last blog post, there will be a short update on 5 companies.  The only issue is that you may get 5 emails.  The system automatically emails the subscribers with any new posts so if 5 are done the same day then 5 emails are sent out.

One more point of interest is that I am presenting at the Cambridge House conference in Toronto on the 21st and 22nd of this month.  If you are in the Toronto area, come by the show and visit the booth.

www.cambridgehouse.ca

Just wanted to keep everyone up to speed.  I have had a long couple of weeks on different property tours.   I have visited a property in Gaspe, Quebec of Threegold Ressources (THG.V).  It was a first class tour.  More info about that tour and my opinion of the company coming soon.

I then visited Metal Corp (MTC.V) property in the Marathon, Ontario area.  The tour was first class and they projects look very enticing.  More information and my opinion on the property, pictures and more coming soon.

I will now be going to Chile this week(actually i'm in the airport writing this).  If you would like to know which company I will be visiting there, just visit the site soon.

Also, I am releasing an update on 5 companies today!  Find out what has moved and what is about to move.

Not a member?  subscribe today!  www.wcmsnewsletter.com/signup/

At the begining of this month I went up to Val D'or to Visit Alexandria Minerals (AZX.V) property.  The aggressive nature of the drill program and extensive knowledge of the exploration team should help get this project going quickly.

Recently AZX.V issued relativily good news regarding the drill program.  Given the current market situation it was recieved as well as it could have been.  Keeping a close eye on this companies updates would be of value.

Pictures to come shortly

the wind evetually comes and blows it down. 

http://news.bbc.co.uk/2/hi/business/6906914.stm

In the above story we are seeing evidence that house of cards is about to fall down.  The main concern in this article is the sub-prime lending mixed with the lack of ability of most americans to live with in their means.  The result could mean a literal collapse of the standard of living in the US as we know it.  Cutting the GDP per capita by half would not be out of the question.

Hard assets will help protect your portfolio as most banks around the world will rush to by it.  Don't like physical gold, some quaility gold exploration and mining companies will offer greater upside potential.

For the WCMS picks, sign in or if you're not a member...sign up today!

At last, the media section.  Here subscribers can listen to radio interviews that WCMS Newsletter has done.  This section will be updated as more radio and other media is done by the WCMS Newsletter.

Please follow this link http://www.wcmsnewsletter.com/media/

You can only reach it by this link as it is a "ghost" section of the site.  If you are already signed in you shouldnt have to again.  If not, the site will prompt you to do so.

Enjoy.

Good day all,

Some of the people who are a little new to the financial markets have been emailing questions about warrants and how they work and what they are for.  I created a tutorial about warrants.  The first part of a series of several is up.  Enjoy and hope this answers some of your questions.

Good day,

I spoke for the first time at the Cambridge House Conference in Vancouver.  I must say that the crowd was eager to hear the opinions about the market and its direction.  I would also like to welcome all the news subscribers.  All of you who signed up for the free report will be receiving it shortly.

Well this is an honor.  Please go to the posted link and vote.  I would like to thank everyone for the support, and to pass it on to your friends, it will be the best favor you do for them.

The Financial Reckoning – Listeners’ Choice Award - Best Newsletter Writer (2007)

Victor Goncalves has been nominated for the Listeners’ Choice Award for the Best Newsletter Writer (2007) for his work with the WCMS Newsletter.

Vote online now for your favourite newsletter writer at www.financialreckoning.com

Uranium dropped for the first time in...many many months. 

Uranium finally pulled back a little this week.  I've been calling for this for a little bit now.  As I have mentioned, The uranium price chart looked a little like an exponential price chart and was due for a technical correction.  This modest 3 dollar drop hopefully is the start of a small correction to keep the uranium market healthy.  Nothing goes up forever even if the fundamentals warrant it.  Even if the price of uranium drops back to 100 dollars a pound, it is still very economical and would create a good platform to keep going in price, assuming current and accelerated demand.

I'll be giving a talk at the Cambridge House conference regarding Uranium, So if you are in the area, don't miss it!

Good day,

I has been a while since the last blog post, mainly due to the traveling.  I am currently on site at a propeerty that WCMS covers.  With an infered resource of over 3.6 billion lbs of copper and a tiny market cap of around 40 million, sign up today to see the full report which will include pictures form the site and operations.

Earl Phillips of Wellington West Capital had this to say about WCMS Newsletter:

"In my profession we receive research from too many sources to mention.  I chose to subscribe to WCMS Newsletter because I find the research to be informative, and obviously well thought out.  WCMS goes to great lengths to get the story on companies that very few people are following"

Earl Phillips
Investment Advisor
Wellington West Capital

These like other email of this sort are a pleasure to receive.  It is good to see that Mr. Phillips is doing well with the research and picks of the letter.

Go and sign up today to see why Earl and so many others are signing up to WCMS Newsletter.

I'll bet that some of you knew some of the facts...but didn't realize them.

https://breeze5.umn.edu/didyouknow/

I got this from the Carlson Software booth at the CIM conference.  This company makes software that could cut the labor force at mine sites to less than half.  This slide show enforces that real point.  This slide show was prepared by Carl Fischer.

This really helped me set the tone for this conference.

Good day all,

I will be on the Korelin Report tomorrow so feel free to listen in at

www.kereport.com

I will be in Montreal from the 29 of april until the 4th of May at the Canadian Institue of Mining Conference. 

Due the the large subscriber base in Montreal, I have set up a speaking session for you, the subsriber, and two friends. 

I will be speeking about the markets, and the newsletter from 7pm until about 8pm. 

After that, there will be a subscribers only portion where subscribers get one on one time with me to ask any question that they want.  As well, I will be speaking about the companies covered by the newsletter

Will your friend be jealous about the subscriber only time?  Yes.  Can a subscription be bought on the spot so that they can take advantage of the subscriber time? YES

Time: 7pm-10pm

Casa Grecque, 1565 Daniel-Johnson  Laval QC

Tuesday May 1st 2007

Supper is available for purchase at a very reasonable price.  Come and enjoy!

Bring 2 friends to keep you company and to pass on the success to.

Please R.S.V.P to the "contact us" part on this site, or to my direct email as indicated on the email you would have received

Hope to see you all there!

Good day!

I would like to wish you and your families the best a Happy Easter.  At WCMS we work towards all of your financials successes, but the true rewards come when you can enjoy it with those you care about!

-WCMS Newsletter

Good day all!

There is a new addition to the roster of things that I do outside of the newsletter.  I have been recently added to a segment of the Opportunity Show. 

I will be on the Opportunity Show weekly talking about the markets, my newsletter and teasing the audience with my stock pics.  Here is the first clip, the rest will be on the research part of the website. 

Victor Goncalves on the Opportunity Show

Find out the stocks that  will return 100% or more by signing up today to WCMS Newsletter

Thanks to Troy for the interview, you can also find out more about the Opportunity Show at, www.theopportunityshow.com.

Good day everyone!

We will be attending the Calgary Cambrige House conference looking for new opportunities for you.  If you are at the show and see us, feel free to stop us and say hi.  There are a few radio engagements coming in the near future so keep coming to the sit and see when they are.  We should know shortly!

Just so you all know, we were doing some site upkeep.  You may have got an email regarding a company update...please disregard that.  However there will be one soon.

Best Regards,

WCMS

Thanks to all who attended the seminar.  It was a huge success.  We covered the outlook on

uranium,

oil,

 realestate,

the US and Canadian economy,

Gold, and base metals,

And general information about the newsletter.

There where on the spot subscription, and I would like to welcome the new subscribers.  We will be making this a regular event at Silver Heights restaurant.

Good day everyone,

WCMS Newsletter will be giving a talk on the resouces markets, broader markets, and discuss a little about the newsletter.  There is no charge for this event.  Everyone is invited and encouraged to bring a guest.

Saturday March 24th

2169 Portage Ave (Silver Heights Restaurant)

230-4pm

Just closing up here at the Medicine Hat show and heading off to Toronto.  Thanks to all the folks at the Medicine Hat show that signed up and stopped by...I'll be posting some pics shortly.

http://news.bbc.co.uk/2/hi/science/nature/6408441.stm

just reading the news today and came by the above link.  Yes the call for reducing green house gasses has been at the forefront of the news but this goes to show how it is effecting a group of people that depend on the cold.  We at WCMS Newsletter believe in sources of energy that do not have a large impact on the invronment.  We also know how to profit from the ongoing and coming shift to alternative energies.

Hey all,

Just to inform you, I will be on the financal reckoning radio show out of Calgary on the 28th of Feb.  If you are in Alberta listen in at about 645 pm MST.  More details to follow. 

Cheers

Just got off the phone With Al Korelin from the Korelin Report.  That was my first time on the radio and it was an excellent experience.  We plan on being on the show.  I want to thank Al and say that he has a great show. 

We will be attending this years Nunavut mining conferecne in Winnipeg.  We will be building market awarness about our newsletter.  We'll let you know how it went and what we found out..

Along with all of our updates we now have a working News Update section. This will be used to provide information and updates on things happening with WCMS Newsletter including conferences we will be attending, improvements to the website or anything else that we feel everyone should know about

Check back frequently to keep up to date with everything happening at WCMS Newsletter.