Anything left out in this graphic?

[beefsteak]

http://media.resourceinvestor.com/resourceinvestor/article/2012/07/27/gold-mines-deposits-ranking-2012-infographic-revised.jpg

[beefsteak]

29pg PDF accompanying above graphic is here:

http://www.nrh.co.il/i/pdf/NRH_Research_2012%20World_Gold_Deposits.pdf


FWIW,
I believe the "cube" next to the arc de triomphe is unnecessarily low and inaccurate, as yours truly has posited on this forum before...when referencing 2700T Au production annually acc'd to current estimates I've read.


beefsteak

[Horn]

And Europe is perplexed by its struggle.

Goodstuff, thnx.

[beefsteak]

Y/W. More good stuff inside that .pdf

[beefsteak]

At some point, yours truly anticipates part of the GS conversation will flow toward various equities as the jackboot gets lifted from the neck of the Squid squashed junior equities in G&S exploration and development.

To that end, one can spot a two tiered "shopping list" presented in the OP graphic which bears review and can add to the GS conversation.

Quite possibly if one is interested in this sector and the potentioal ROR once the power of the squid is broken, said investor barely has 60-90 days to get their own due diligence done, and allocate some scratch in order to participate in this sector if any interest is triggered.

Here's the highlighted portion to wit:
TOP TEN DEPOSITS BY GRADE
3284

Remembering that moi labeled it as a "two tiered" list of prospective areas of interest, keep in mind the following:
A) there is an evaluation model for allocating G&S funds to producers
B) which differ from the valuation model for allocating funds to explo/dev candidates which are in essence pre-producers;
C) both within politically friendly deposit hosting countries
D) and those outside, a.k.a., in less " US investor friendly" deposit hosting countries.

There're your top tier M&A targets/map--->in bold, grey & white text.

If indeed GS'er interest is piqued, one could do worse than to locate and print out, let alone dang near memorize --while "shaving in the morning" --the seminal Rick Rule piece on this sector written about 15 years back on how to value these type opportunites and how to spot which ones to avoid like the black plague. It's still out there, awaiting discovery by those who have the inclination to stack and invest. Said perspicacious piece is as true today as it was back then when Rick first wrote it....WAAAAAAY before he joined Sprott Asset Mgmt. Rick Rule KNOWS his stuff.

Acc'd to KWNblog, Rule is on record as stating M&A activity in this sector is about to go ballistic "shortly." His collegue, billionaire John Embry told KWN just this past Wednesday, that 4 M&A were all completed in the last 4 months or so, and all were cash offers t'boot...no paper for ounces, but fiat for ounces in the ground instead. Now THAT's impressive.

This is a "multiples per fiat commited" ROI on the come totally rare, ground-level opportunity here... the likes which have never been seen heretofore, yes, most especially in a cost-push hyperinflationary depression staring us in the face.

We're talking producers whose costs to locate, extract and refine--per oz--are in the neighborhood of $500-600 in this current $1600/oz clime.

Just another way to stack for those who do their homework.


beefsteak

[beefsteak]

Ah, finally figured out what was missing from that really sharp graphic up above...
the "average cost per ounce of gold extraction" in those Top 10 referred to above.

At the bottom of this quoted article found tonight, are two of those type "little details" one needs. Why? For rough, back of the napkin calculations when considering plopping risk capital into gold miners' equity stocks.



Mexico’s record gold production takes it closer to bullion superpower status

Cecilia Jamasmie (http://www.mining.com/author/cecilia/) | August 7, 2012


http://www.mining.com/wp-content/uploads/2012/08/mexico-gold-333-300x250.jpg
Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining (Camimex (http://www.camimex.org.mx/)) announced the country hit a new record in gold production in 2011, reaching 88.6 tons of the precious metal, nearly 22% more than in 2010.

The report’s summary, published by La Prensa (http://www.oem.com.mx/laprensa/notas/n2646343.htm), says last year gold output gave the Latin American nation the highest growth rate in the world in terms of bullion production.

Goldcorp Inc. (NYSE:GG & TSX:G) remained the largest gold producer in Mexico, with 21.5 tonnes from its mines, while Fresnillo PLC. (LON:FRES) kept second place with 13.9 tonnes of gold extracted from its five mines.

The chamber added that refined gold production in Mexico reached 84.1 tonnes last year, with a market value of over $4 billion.

The report supports recent analysts’ predictions that Mexico may be the next gold superpower.
Matthew Piggot, a mining analyst with Thomson Reuters GFMS, is projecting (http://www.miningweekly.com/article/mexico-gold-output-seen-topping-100-ty-by-17-on-hefty-new-discoveries-2012-05-11) that the nation – which only this past year made Bloomberg’s Top 10 list of gold producing countries (http://www.bloomberg.com/news/2012-04-05/top-10-gold-producing-countries-in-2011-table-.html)– may have “mega” gold deposits still untouched.

Mexico is already the world’s main silver producer and an attractive mining destination because it is one of the lowest-cost mining jurisdictions in the world.

For example, in Mexico it costs an average of $325 to produce an ounce of gold; whereas,
in the rest of the world, the average is $649 per ounce.

http://www.mining.com/mexicos-record-gold-production-takes-it-closer-to-new-bullion-superpower-status-34562/

[beefsteak]

Just for the thread record:

BLOOMBERG's Top 10 List:
Amounts are in metric tons.
1Metric Ton Gold Production = 32,150.74 troy oz


Country.......2011 Output.. //.. 2010 Output
======.......=========.. //.. ==========
1. China 380 // 341

2. Australia 272 // 260

3. U.S. 243 // 236

4. So Africa 221 // 209

5. Russia 205 // 197

6. Peru 156 // 163

7. Ghana 102 // 92

8. Canada 101 // 91

9. Indonesia 97 // 128

10. Mexico 82 // 72

World Production 2,789 /// 2,638

http://www.bloomberg.com/news/2012-04-05/top-10-gold-producing-countries-in-2011-table-.html (http://www.bloomberg.com/news/2012-04-05/top-10-gold-producing-countries-in-2011-table-.html)

[mamboni]

I put about $10000 into Pretium Resources a few months ago. I think it will be an easy ten-bagger and worth the risk. The late great Bob Chapman loved Pretrium.

[beefsteak]

I've been due dilly that one myself, mamboni. Haven't pulled the string on it yet. Looks pretty interesting indeed. Nice move on your part I'm thinking. I didn't realize Bob Chapman liked that one. Good to know.

Do you remember the cost per t/o on that one off the top of your head? I don't.


beefsteak

[mamboni]

Yep - nothing ventured, nothing gained.

[beefsteak]

Yep.

Mamboni, have you gotten the word about getting all your shares out of "street name" and into Direct Registration, courtesy of the Transfer agent?

It will protect you when brokerages go tits-up as the contagion seems to be spreading.

Your broker will NOT want to do that in most instances, because they A) want your shares in street name to short against the box as it is called, and B) when and if you do go and sell, they want the sales commish to complete their trifecta.

Sinclair, as a former Clearing House, and current CEO, knows the ropes cold on this one, and his info/reco is solid on this one. He's spent the greater part of this week exposing the emails he's getting from all the newbs to the game who know nothing and swallow everything they are told by the broker who doesn't want to lose the commish on the sell side when that time comes you want to take profits.

For one thing, a shareholder always has the option of selling directly back to the company (Pretium or whomever) in case you didn't know that. May take a couple o'days and require some forethought/planning instead of online click and go' routine. BUT, planning your sale sure beats not having shares available to sell at all because segregated funds truly aren't segregated at all, and the hypothecation + naked short sale scam is so bad.

Just spreadin' the cheer.


beefsteak