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The reports and comments on this site are currently written by Keith Goode.

ERA’s reports mainly cover precious and base metals companies where anyone can see what the price of the product is, with the majority being gold companies, followed by nickel companies.

The reports are paid for by the company concerned and email distributed free. However, we only do them if we like the management (70%), project (20%) and country (10%) for which you need about 90% in each category.

Sites are visited in order to write a report, and typically a week is spent with a company and then it is written up in the following 2 to 3 weeks, with excel modeling where required slowing the report's timing. Report sizes are typically 6 to 12 pages.

Dec 2014 - Waiting Leisurely

"Wait leisurely for an exhausted enemy"

I first heard this "article of war" in a clca presentation by Leonie Mckeon on doing business in China, at the Symposium Conference in Broken Hill in May 2012, (contained in an earlier issue of Paydirt) and did not really appreciate its significance until now.

Nov 2014 - China Taking Control

China appears to have taken control of the commodity price markets

..through actions or words, that has mostly resulted in lower commodity prices with the two most obvious examples being gold and iron ore.

Sep 2014 - Struggle for Control

The Struggle between East and West for Control of the Gold Price

After Diggers, the gold price fell in ~6 weeks by over US$100/oz from ~$1320/oz to ~$1210/oz by 22 September 2014, and fortunately the A$ fell too, currently at ~US$0.89, which has cushioned some of the blow for the Australian gold producers.

Aug 2014 - Viable PGE Orebody

Has Sirius discovered Australia's first viable PGE orebody?

Following up a known historical intersection by Anaconda in the 1970s of ~23m @ 0.56%Ni (incl 2.1m @ 1.27%Ni & 0.13%Cu), Sirius "hit the jackpot" with their first drillhole at their Taipan prospect on the Polar Bear peninsular of Lake Cowan. That drillhole (SPBD0046) had an intersection from 104.4m of 4.1m @ 3.8%Ni, 2.45%Cu & 0.08%Co and 0.89g/tPt + 1.60g/tPd (incl from 106m of 2.15m @ 5.84%Ni, 3.73%Cu, 0.12%Co & 1.10g/tPt + 1.65g/tPd).