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Jan 15, 2010

Mining Interactive: Mosquito Consolidated Gold Mines LTD

Mosquito Consolidated Gold Mines


  • “Think Voisey's Bay; Double It” by analyst Bob Moriarity Click here
  • Dow Jones Newswires January 15, 2010
    Mosquito President & CEO Brain McClay Interviewed Click here
Dear Friends:

Yes, “Think Voisey's Bay and Double it”
I am sending this to you before the weekend so that you can do your due diligence this weekend by going to our New Member Company's website:
This phenomenally project rich company is a must in your investment portfolio if you believe in Hard Assets. I am already invested and so is my family.
The Company has reached world-class status and is attracting investment worldwide at an accelerated pace.
Don't delay your due diligence research!
Mosquito is: a Canadian natural resource exploration and development company with a diverse portfolio of precious and base metals projects in high return, low political risk environments in North America and Australia. The company has high expectations for near-term low-cost production, is well financed and has no debt.
Primary Focus: Mosquito's primary focus is development of its Idaho CUMO deposit, Mosquito's primary focus is development of its giant Idaho CUMO deposit, with a NI 43-101 confirmed resource.
Well Positioned: with increasing global demand for molybdenum that exceeds the supply and forecasted increasing prices, Mosquito holds four (4) molybdenum projects in the United States. In addition, the Company is well diversified with multi-element projects including significant gold plays.
Its strategic growth program: includes several potential multi-billion-dollar projects, world-class exploration and development partnerships, and an enviable schedule of option and royalty revenues.
The Company has reached world-class status: with tangible multi-billion-dollar resource assets, some of the highest NI 43-101 compliant drill results with long mine-life resources, blue chip partnerships and an excellent management team.
Mosquito is attracting investment worldwide: as the Company is uniquely positioned to assume leadership rank and its shares belong in well-balanced investment portfolios!
You've Got to be in it to Win it - - - and this one is a winner!


Nick L. Nicolaas
Mining Interactive "Ahead of the Pack"

The Metals

MiningInteractive Videos

Stay tuned for the most recent updates on Mosquito Ltd. and other leading mining companies through the MiningInteractive Video Interviews.
Nick L. Nicolaas
(604) 657-4058

CNBC . COM : Evening Brief

Friday, Jan. 15, 2010   
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From the desk of Niock Nicolaas

As every  Friday and always on time our friend Nick Nicolaas has sent us Adam Hamilton's Weekly Zeal Intelligence Newsletter on the Mining Interactive Website
 Fernando Guzmán Cavero

Dear Friends:

Adam Hamilton has posted his weekly Zeal Intelligence Newsletter on the Mining Interactive Website. Click here:
Have a great weekend and - - - Stay Tuned!!


Nick L. Nicolaas
Mining Interactive “Ahead of the Pack”
Nick L. Nicolaas
President & CEO
Mining Interactive Corp.

Direct 24/7: +1 (604) 657-4058
Main Office: +1 (604) 569-0800
Fax: +1 (604) 569-0758
Skype: nicknicolaas

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Press Room : U.S. : Department of the Treasury

To view or print the PDF content on this page, download the free Adobe® Acrobat® Reader®.
January 15, 2010

Administration Releases December Loan Modification Report,
Update on Conversion Drive

More Than 850,000 Homeowners Now with Median Payment Reductions Exceeding $500; More Than 110,000 Permanent Modifications Approved to Date
Aggressive Administration Campaign Significantly Accelerates Conversion Rate; December Push Doubles Number of Permanent Modifications Over Life of Program
WASHINGTON - The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) today released an update on the Administration's aggressive nationwide campaign to help borrowers in the trial phase of their modified mortgages convert to permanent modifications under the Home Affordable Modification Program (HAMP). The new December data demonstrates that there has been a significant acceleration in the rate at which borrowers are being approved for permanent modifications. As of December, more than 110,000 permanent modifications have been approved, including 66,000 that borrowers have accepted and 46,000 awaiting only the borrower's signature.  Under HAMP, more than 850,000 homeowners have had a median payment reduction exceeding $500.

"Treasury is committed to working with servicers and borrowers to sustain this improved pace," said Chief of Treasury's Homeownership Preservation Office (HPO) Phyllis Caldwell.

HUD Senior Advisor for Mortgage Finance William Apgar echoed this commitment: "HUD will continue to work with our Administration partners and utilize our broad network of housing counseling agencies to increase the number of borrowers receiving sustainable and affordable modifications under HAMP." 
The Administration has taken a number of steps to assist servicers in ramping up to give eligible homeowners the opportunity to participate in HAMP. Over the past month, Administration representatives were on-site in servicer offices to ensure that servicers increased efforts to deliver decisions to borrowers in trial modifications who have submitted all of their documents and to obtain any missing documents from borrowers. The Administration also implemented a temporary review period to ensure that all borrowers are being fairly evaluated for the program. The temporary review period extends until January 31, 2010.

HAMP was designed to offer through 2012 up to 3-4 million homeowners reduced monthly mortgage payments that are affordable and sustainable over the long-term. Currently, several million homeowners are estimated to be eligible for the program and more than 1 million have already received modification offers. At this pace, the program is on track to meet the goals that President Obama laid out in announcing the Homeowner Affordability and Stability Plan. This Plan included several housing initiatives beyond mortgage modifications, including broad support for Fannie Mae and Freddie Mac to keep interest rates low and facilitate mortgage affordability across the market, increased flexibilities for Fannie Mae and Freddie Mac in refinancing mortgages to provide homeowners with lower monthly payments, tax credits to support development of affordable housing, and support to state and local housing finance agencies. In just the first year, the Administration has launched all of these critical initiatives.

As part of an ongoing commitment to continuously provide greater transparency in all of the Administration's financial stability efforts, the December report includes several new measurements including a breakdown of permanent modification characteristics. These characteristics include predominant hardship reasons and monthly payment savings.

The December HAMP report can be found here:
# # #

Money Morning: Will China Supersede Saudi Arabia as the Key to U.S. Prices

January 15, 2010
Will China Supercede Saudi Arabia as the Key to U.S. Oil Prices?

By Keith Fitz-Gerald, Chief Investment Strategist, Money Morning

I bought a Toyota Prius last Saturday.

The signs are everywhere that oil is headed for stratospheric highs - $200, $250 or even $300 a barrel. Some of these signs are just plain obvious. But even the subtle indicators are telling us that some very expensive energy costs headed our way.

Let me tell you about one such indicator that I came across over the New Year holiday. A tiny news item said that Saudi Arabian oil concern Aramco is abandoning a lease on Caribbean oil storage, and further reported that PetroChina Co. Ltd. (NYSE ADR: PTR) is moving in to take Aramco's place.

Most investors here in the West - if they even read the item - would've dismissed it as just another minor business transaction, one among the thousands that take place each day. But this particular deal was much more than that. It's another indication of China's continued global emergence. And it also underscores this country's relegation to the growing legion of "former" world powers that have been eviscerated by the financial crisis that they created.

In case you missed the story, let me share the details, and then explain what I believe those details actually mean.

To see why China is the "new" Saudi Arabia, read on...

Fitz-Gerald on...
- The Five Things You Need to Know About China

- Warning: You May Not be Making as Much on Gold as You Think

Keith Fitz-Gerald Sets the Record Straight

Why are some countries set to reach new levels of prosperity and others doomed to mediocrity? Why will Asia become the world's new financial center? Will China's yuan replace the dollar as the world's reserve currency? Is the U.S. doomed? Money Morning's Keith Fitz-Gerald answers all these questions. And he shows you how to make serious money to boot. Go here to find out more...

Sponsored content

Why Fourth Quarter Earnings Season Will Bode Well for Stocks

By Don Miller, Associate Editor, Money Morning

As earnings season kicks into high gear in the coming weeks, many analysts expect an abundance of good news, mostly because earnings last year were abnormally low. And that bodes well for investors.

For the first time since the second quarter of 2007, earnings of stocks in the Standard & Poor's 500 Index should be higher than they were the year before. That would break the longest losing streak since S&P began keeping track of operating earnings in 1991.

"It's going to be on the plus side again," James Swanson, chief investment strategist at MFS Investment Management told The Wall Street Journal.

In fact, operating earnings for a group of companies selected by Thomson Reuters are expected to nearly triple on a year-to-year basis, mostly because of unfavorable conditions in 2008, when financial companies lost $81 billion in the fourth quarter.

American International Group Inc. (NYSE: AIG) reported a $61.66 billion loss, the largest in history.

S&P estimates earnings per share for the index will rise to $16.08 in the fourth quarter from $12.38 last year, for a year-over-year gain of 30%.

The big question is whether the markets will continue to value bottom line profits as a catalyst to drive stocks higher - as they have in the last three quarters - or whether investors will start demanding revenue gains before rewarding stocks with higher prices.

Read full article...

TARP Tax More Politics Than Economics

By Jason Simpkins, Managing Editor, Money Morning

U.S. President Barack Obama today (Thursday) unveiled the widely anticipated "Financial Crisis Responsibility Fee," which effectively amounts to a tax on banks to pay back money the government lost on the Troubled Asset Relief Program (TARP).

The fee would apply to financial firms - both domestic firms and U.S. subsidiaries of foreign companies - with more than $50 billion in consolidated assets, and equate to 15 basis points, or 0.15% of a company's covered liabilities each year. Deposits assessed by the Federal Deposit Insurance Corp. (FDIC) would not count toward those liabilities.

The tax, which must be approved by Congress, would go into effect on June 30, 2010, and earn about $90 billion over 10 years, but could go on longer. The White House said collecting $117 billion would take about 12 years.

"My commitment is to recover every single dime the American people are owed," Obama said in a speech that was colored with populist rhetoric. "And my determination to achieve this goal is only heightened when I see reports of massive profits and obscene bonuses at the very firms who owe their continued existence to the American people - who have not been made whole, and who continue to face real hardship in this recession."

Obama pointed to the irresponsible lending and money management that nearly caused "a second great depression" as justification for the tax, calling the TARP program "a distasteful but necessary thing to do."


Financial Times: This month's highligts

Financial Times

Wall Street faces flak
As Wall Street absorbs news of an industry levy to fund the financial bail-out, banking titans are probed on the crisis.

Google to defy China
Google announces an end to censored search results in China following alleged cyber attacks. Is finished?

The decade in review
As 2010 gets underway, the FT looks back at 2009 and the defining moments of the first decade of the 21st century.

Detroit auto show
The 22nd North American International Auto Show is now underway in Detroit, with the world's leading carmakers exhibiting their latest models.
See latest news

Highlights from CES
The consumer technology industry's hottest new products and services were recently unveiled at the 2010 Consumer Electronics Show in Las Vegas, which was arguably the best show in years.
See highlights at FT Tech Blog

The FT's year in finance
The financial crisis has highlighted with painful clarity just how dangerous tunnel vision can be. The FT looks back at a tumultuous year in finance, and its implications on the future.
Read the full report

Forbes . Com : Intelligent Investing



Intelligent Investing with Steve Forbes


Intelligent Investing
Why You Need Options
The CEO of the International Securities Exchange defends retail investors using options and institutions using flash trades.
With Alexandra Zendrian
Intelligent Investing
How Expensive Is Your Job?
Taxes, travel and social expenses could eat your earnings away.
With Liz Davidson

Video: Intelligent Investing With Steve Forbes

Intelligent Investing With Steve Forbes
Dr. Ron Paul Wants To Open The Fed's Books
Texas Congressman Dr. Ron Paul wants to end the secrecy at the Federal Reserve.

MarketWatch Personal Finance Daily: January 15,2010


Personal Finance Daily
JANUARY 15, 2010

Friday's Personal Finance stories

By MarketWatch

Don't miss these top stories:

The human and physical devastation in Haiti tugs at everyone's heartstrings and a natural first response is to ask "what can I do to help?" These days the options for donating to a cause such as the Haiti relief effort span all our communication means, from old-fashioned checks in the mail to texting a gift through your cell phone.

That texting initiative, which places a $10 charge on your bill that is donated to the Red Cross, raised nearly $15 million in less than three days, showing the power of these new ways of reaching out to folks. But where there is that much money, there is also that much more possibility for fraud.

U.S. law enforcement authorities were warning this week that scammers were rushing to prey on this outpouring of generosity and were particularly targeting victims through email and social networking Web sites. Those ploys can be clever, mimicking legitimate efforts, and that calls for extra caution if you're donating, especially if you're considering responding to an unsolicited plea.

Haiti needs a lot of help. Don't let crooks skim any of it off from you.