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24774259 No.24774259 [Reply] [Original]

Moon mission edition

Commodities of the moment:
- Iron / steel
- Coal


Trackers:
https://tradingeconomics.com/commodities
https://markets.businessinsider.com/commodities

Previous thread:
This is the first one so, none

>> No.24774358
File: 421 KB, 1536x2048, 6301F542-9097-4AE9-9DBA-6C667F5DE1F0.jpg [View same] [iqdb] [saucenao] [google]
24774358

https://www.marketwatch.com/investing/index/steel?countrycode=xx
Whats the price target for this thing by mid 2021

>> No.24774370

My current plays:
Calls on CLF
Calls on UUUU

They've doubled my portfolio in a week

>> No.24774377

How do I profit off maraschino cherries

>> No.24774409
File: 179 KB, 1078x2380, 20201212_205121.jpg [View same] [iqdb] [saucenao] [google]
24774409

At $26 CLF will have a PE ratio of only 10

I hope you guys listened to me 3 months ago

>> No.24774426
File: 178 KB, 1440x927, 20201213_085215.jpg [View same] [iqdb] [saucenao] [google]
24774426

>>24774409

I might become a millionaire this week lol

Another dollar or two push for CLF and I'm in there... where does it end???? Nucor is $57

>> No.24774429

>>24774358
>https://www.marketwatch.com/investing/index/steel?countrycode=xx
>Whats the price target for this thing by mid 2021
I'm going to look into it but my gut says at least 20% growth in the short term due to the supply chain being messed up, and then some retracement but we can see the pre-covid peaks were much higher than now. Steel producers are still catching up to the current commodities which is why CLF Chad is making the right call, IMO

>> No.24774433

>>24774409
I'm selling when we break 16 this week

>> No.24774444

best small cap uranium stocks shill me now.

>> No.24774445

>>24774370
Same but I've only made enough for a soda.

>>24774409
>Only 10
Isn't that a lot though?

>> No.24774447
File: 1.31 MB, 1440x3200, Screenshot_20201212-210326_Gallery.jpg [View same] [iqdb] [saucenao] [google]
24774447

>>24774433

Nothing wrong with taking profits. I'm holding 1000 2023 leaps. I'll ride this bitch to 5-8 million dollars lol

>> No.24774452

>>24774358
> American Steel
21 of the top 40 steel-producing companies are Chinese. Unless you can foresee a future where American demand for steel notably increases (whereby importing isn't needed), I'm not sure I'd expect a return to 2011 highs. 1300-1400 seems like an appropriate ceiling in the short term as we ramp up construction projects post-COVID.

>> No.24774460

>>24774444
those digits and that ID are all i need to throw my $10k into my favourite uranium picks first thing monday.

>> No.24774462

What does /cmg/ think about prostitution?

>> No.24774468
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24774468

>>24774445

Microsoft trades at a PE of 35

CLF competitors all trading at PE of 15

CLF currently sitting at PE under 5

>> No.24774510
File: 481 KB, 1440x3200, Screenshot_20201213-091950_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
24774510

>>24774468

Actually just checked

CLF competitors are 10-15 PE. I think the decade polar shift of big tech to big commodity is happening in front of our eyes

As soon as I seen CLF generated over half its mkt cap for Q3 in revenue I all into call options lol

>> No.24774570

>>24774409
>At $26 CLF will have a PE ratio of only 10
>I hope you guys listened to me 3 months ago
I listened a month ago, which was still pretty good.

So how do you tell if the producers haven't caught up to the commodity prices? I'd really love a way to put the producer fundamentals api data and the commodity price changes api into a script and screen for that.

>> No.24774601
File: 176 KB, 2394x1090, Screen Shot 2020-12-13 at 8.25.54 AM.png [View same] [iqdb] [saucenao] [google]
24774601

Guess when I started doing options on commodity producers....

>> No.24774693

Also feeling good about LIT / LTHM but those seem slower than steel right now, I wouldn't put a shortterm OTM on them

>> No.24774727

>>24774601
can you teach us how to pick the right options for the play you want to make? say i think silver will go up a lot in the next 3 months, and want a highly leveraged option. what do? share the wisdom.

>> No.24774749

What are some ways to get into Manganese? It will be important for batteries in the future.

>> No.24774764

>>24774510
Damn bro I saw you on /pmg/ your killing it. I don't know enough about options. What's the next play gg?

>> No.24774797

>>24774259
There's an old OP from like 3 weeks ago, going to paste it here:


https://www.fool.com/investing/2019/10/05/how-to-invest-in-mining-stocks.aspx

Evaluating mineral deposits- https://www.youtube.com/watch?v=OXqE82UIVVU&t=53s

https://ec.europa.eu/growth/sectors/raw-materials/specific-interest/critical_en

>Mine life cycle (plus Lassonde Curve -- pic related)
https://undervaluedequity.com/mine-life-cycle-how-accurate-are-the-resources-reported-in-each-project-phase/
>How to interpret drilling results + other crucial information
https://www.amscot.com.au/Download/Download?file=Interpretation_of_Resource_Company_Announcements_-_Overview.pdf
>Ore grades:
https://undervaluedequity.com/drilling-results-how-can-you-determine-if-a-mining-companys-drill-results-are-of-low-medium-or-high-grade/
>and
https://www.mining.com/web/making-the-grade-understanding-exploration-results/

>> No.24774826

>>24774444
I don't have a position yet but I'm looking into Bannerman and Vimy next month.
Don't whale it and force the price up before I get in thanks

>> No.24774862

>>24774727
>can you teach us how to pick the right options for the play you want to make? say i think silver will go up a lot in the next 3 months, and want a highly leveraged option. what do? share the wisdom.

>>24774727
>can you teach us how to pick the right options for the play you want to make? say i think silver will go up a lot in the next 3 months, and want a highly leveraged option. what do? share the wisdom.
I would feel very uncomfortable doing a precious metal leveraged play, they have too many non-industrial factors.

Steel: CLF Chad sold me on it, but here is my DD: 1) CLF is way undervalued. 2) The price targets keep moving up, price targets are always a little conservative so when you see them moving up as time goes on you know you've got something 3) Steel is still going up and for very tangible reasons (covid disrupted supply / countries funding construction to rebound eocnomies)

Lithium: EVs are exploding, enough said.

Uranium: I actually forgot my DD, lol. It's weird cause uranium is actually dropping but producers are going up, I think they just lagged the commodities by a lot plus countries are warming up to nuclear again.

So I wish I had a formulaic way to pick them but I don't. CLF I think has the best current day fundamentals and industry fundamentals. Lithium and Uranium I think have fantastic mid term growth potential and investors have caught on.

For technical analysis I just make sure it's in an upward trendline cause if I'm leveraging I don't want to wait for some speculative 6 month moon mission. Just don't get caught at the tail end of a growth period.

>> No.24774911

>>24774764
>Damn bro I saw you on /pmg/ your killing it. I don't know enough about options. What's the next play gg?
CLF calls are still a good play. Personally I think the price target is $16-20, CLF chad thinks it's $50 or some huge number. Either way a $15 strike with several months expiry will give you a mix of risk and leverage that I would feel comfortable with.

I had a $13 Dec 11th call that I kept until Dec 10th and that was a HUGE gainer, but it also scared the shit out of me.

>> No.24774915

>>24774862
>CLF is way undervalued
Explain

>> No.24774927

>>24774915
>>CLF is way undervalued
>Explain
>>24774862
>Steel: CLF Chad sold me on it, but here is my DD: 1) CLF is way undervalued. 2) The price targets keep moving up, price targets are always a little conservative so when you see them moving up as time goes on you know you've got something 3) Steel is still going up and for very tangible reasons (covid disrupted supply / countries funding construction to rebound eocnomies)

>> No.24774939

>>24774259
>>24774409
I dont know how to make option plays yet

>> No.24774959

>>24774915
>>CLF is way undervalued
>Explain
Sorry, I'm a retarded spazz.

The PE like CLF Chad has pointed out is very low compared to the industry. Low PE is expected if there is no growth potential, but CLF is growing both due to the industry AND due to acquisitions of some of the most high tech steel plants in the country. Companies with high growth expectations should have high PE.

>> No.24774966

>>24774927
>price targets keep moving up
Who set those targets and how do we know it's not due to hype?
>covid disrupted supply / countries funding construction to rebound eocnomies
What if they shut everything down again next month and that rebound's not coming

>> No.24774981

>>24774259
How do I invest in cum?

>> No.24775053

>>24774966
>Who set those targets and how do we know it's not due to hype?
Professional analysts who to me tend to be a little bearish

>> No.24775079

>>24774966
>What if they shut everything down again next month and that rebound's not coming
That's the risk of most leveraged plays right now, we could totally eat shit.

>> No.24775322

GRAINS = GAINZ

>> No.24775394

>>24775322
>GRAINS = GAINZ
Checked
What instrument do you prefer? I've never done ag. Futures, etfs, stocks?

>> No.24775855

PE for clf is 650, not 5. It was 5 before the run

>> No.24775901

>>24774693
LAC dropped a bit. Good entry, IMO based on Thacker pass news.

>> No.24776114

>>24775855
>2020 Estimates
>-29.54
lmao

>> No.24776134

>>24775394
Options on futures and stocks

>> No.24776284

Opinions on ulca?

>> No.24776306

>>24776284
Slca*

>> No.24777267

>>24776114
>>2020 Estimates
>>-29.54
Clf is buying up steel plants right now, that is why the deficit

>> No.24777276
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24777276

>>24775855
>>24776114

I'm sure a bunch of smg idiots know more than the analysts who gave CLF a $2.60 projection for next year

By the way its going to be higher than that. Much higher. HBI Toledo has been reducing hot briquettes iron feed for mini mills for probably about a month right now

You people are clueless

>> No.24777297

>>24777267

This guy gets it

CLF is basically doing something akin to Michelin or Goodyear buying up Ford lol. Its ridiculous and you people are sleep

>> No.24777314

>>24777276

If LG announces this its over. Why haven't you announced it yet LG?

My guess is he is keeping it hidden to really have a blowout Q4 in 2 months lol

>> No.24777329

advisable to pick up clf at open tomorrow or have I missed this run?

>> No.24777380

>>24774259
How do I play water in the commodities market now? I keep seeing that everywhere

>> No.24777402

>>24777329
it usually dumps during the day at one point so pick it up then, 100% not too late

>> No.24777448

>>24774259

I trade natural gas professionally if anyone has questions on the gas markets

>> No.24777567

>>24777448
i've heard natgas is called a widow maker trade, is that true?

>> No.24777613

>>24777567
The "Widowmaker" in gas the march-april future spread the blow out if there's a late season cold snap, this has killed a few hedge funds - Amaranth most notably.

>> No.24777695
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24777695

CLF CHADS RISE THE FUCK UP

>> No.24777728

>>24777613
interesting, got any interesting trading stories you can share anon? how did you end up trading natgas professionally?

>> No.24777750

>>24777613
>The "Widowmaker" in gas the march-april future spread the blow out if there's a late season cold snap, this has killed a few hedge funds - Amaranth most notably.
Trading in something that depends on weather sounds scary. I lost 10% due to some fucking hurricane in natural gas but I was a fish out of water.

>> No.24778089

>>24777728
Not really unfortunately, this is my first job out of college and not a whole lot has happened in the past six months. Maybe if gas prices keep going down things will start to get interesting.

>>24777750
Yea, always need to have good protection up and down so you dont blow out, lol

>> No.24778227

>>24778089
What's your % gain since you started?

>> No.24778249

>>24778227
It doesn't really work like that, I trade options so it's more like return on margin, so about 100% on the year?

>> No.24778361
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24778361

>>24777695
Where my CLF and CCJ gang

>> No.24778516

>>24777448
Why does the market hate natgas distributors right now?

>> No.24778530

alright we already know CLF is the steel play but lets talk oil

i am in XOM but people say CVX has better management and financials and you can see they are doing better in the pandemic. but XOM is much more focused on oil and they have expansion plans in the works for the future i.e. guyana.

right now oil prices are trending upwards and news of vaccine approval might be the very start of the global economy coming back online (which runs on oil)

>> No.24778552

>>24778516
storage is basically maxed out

>> No.24778566

>>24774259
well this is new. Ill name the obligitory. rate my picks
VALE
X
CLF
HA
and i dont know which oil to add/ maybe even UUUU

>> No.24778590

>>24778566
Checked and UUUU pilled. For oil: check out GTE.

>> No.24778608

>>24778530
kinda stinks tho because most oil is almost back to its share price pre covid

>> No.24778649

>>24778590
>GTE
>penny oil stock
but why

>> No.24778655

buy NUE

>> No.24778682

Any recommendations for a broker if my firm won't sign off on a futures trading account since it costs them to track my trades?

>> No.24778771
File: 451 KB, 960x769, uraniumbaker.png [View same] [iqdb] [saucenao] [google]
24778771

>>24778566
>>24778590

>> No.24778819
File: 225 KB, 2120x1422, UUUU-daily-RSI-86.png [View same] [iqdb] [saucenao] [google]
24778819

>>24774370
>>24778566
>UUUU Daily RSI = 86
BEWARE

>> No.24778868

>>24778819
It's not like literally every other commodity is mooning too. Commodities are so undervalued, this is the dip in UUUU dipshit. Were in the Chad paradigm now, up days for gains and crab days to leverage up even more before tomorrows up day.

>> No.24778881

>>24778649
They have good management and are on their way to recovery from debt. It bottomed out and it’s essentially like a call option on oil + energy without the nasty decay. I initially got in around .30 and then went in heavy around .19 when all the fudders were out. Probably will hold until around 2-3.
>>24778771
This is a kino rare Pepe, fren. Did you make?

>> No.24778927

How do i invest in water? Drinkable sweet water from California or other dry Lands as I think the water supply will shrink in the Future so how do I invest in water or which Companies have at the moment most of the fresh water supply in private Hand?

>> No.24778968

>>24778927
Just trade water futures. There will be a bullrun before the proper investment firms get set up to manage the trading for you.

>> No.24778970
File: 86 KB, 1487x982, uranium-futures-29-29.75.png [View same] [iqdb] [saucenao] [google]
24778970

>>24778868
Uranium is not currently mooning.. go look at how the price of uranium has behaved over the past two weeks, during this uranium stocks rally
https://tradingeconomics.com/commodity/uranium
I want to be clear, I think UUUU is a good company and will be the one to get the most benefit from the strategic uranium stockpile; I just think that it has to give back and consolidate in $2.50-$2.70 range for a bit before resuming
Imo it is not a nice thing to do to encourage people to buy UUUU when the daily RSI is this high compared to on a pullback

>> No.24778986

>>24778927
Here's something I found via a quick google search
https://money.usnews.com/investing/stock-market-news/slideshows/best-water-stocks-and-etfs-to-buy

>> No.24779180

>>24778970
Spot price hasn’t even caught up yet. Wait until it does and now Wall Street needs to start shifting their funds into it. I honestly hope it does pull back though so my orders get filled.

>> No.24779199
File: 1.43 MB, 750x1334, B404DDF7-C813-4F25-8311-81135C7FACC8.png [View same] [iqdb] [saucenao] [google]
24779199

CLF

>> No.24779207

>>24778819
yikes lol whats clf

>> No.24779269
File: 168 KB, 375x375, uraniumduk.png [View same] [iqdb] [saucenao] [google]
24779269

>>24778881
yes we needed more uranium pics.

Maybe some steel ones too.

>> No.24779332
File: 108 KB, 1242x649, BF5C37EB-B1A8-4209-BB4E-5F78981D9E8B.jpg [View same] [iqdb] [saucenao] [google]
24779332

>>24779269
Based. Love it.

>> No.24779381
File: 223 KB, 2116x1413, CLF-Daily-RSI-88.png [View same] [iqdb] [saucenao] [google]
24779381

>>24779207

>> No.24779541

>>24778819
>>UUUU Daily RSI = 86
>BEWARE
Buy those dips

>> No.24779565
File: 67 KB, 1024x962, 1598889118467.jpg [View same] [iqdb] [saucenao] [google]
24779565

>>24777380
This, how do I long water frens?

>> No.24779883

>>24779565
Buy Brita water filters and resell them.

>> No.24779985

>>24779565
>This, how do I long water frens?
Water treatment tech companies, unironically

>> No.24780373
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24780373

>>24779985
Thanks, will do.

>> No.24780462

>>24779985
what are your favorites?

>> No.24780491
File: 23 KB, 835x240, wotah.png [View same] [iqdb] [saucenao] [google]
24780491

>>24779332
>that pic
really makes me itch when hippies and greeners want to stop climate change and go around with a 'no-nuclear' sticker on their 1980 diesel van


>>24779565
plenty of options

>> No.24780494
File: 349 KB, 1217x902, 1606931315816.png [View same] [iqdb] [saucenao] [google]
24780494

>>24774259
You guys have a Pastebin in the making?

>> No.24780683

>>24780491
Bro I lived in the Bay Area for YeARS. Grew up nearby. They’re all insufferable onion eating man children who slithered in some some flyover state. I literally am just driving out of SF now and it’s empty. Tech gravy train is over. Now all those carpet baggers are invading Idaho, Nevada, Arizona, etc. It’s a never ending cycle and I hate it.

>> No.24780749

>>24780494
Where's NAK on this life cycle chart
since TRUMP got airforce one jacked?

>> No.24780815

>>24780749
Wasn't it bipartisanly rejected by both Trump and Biden?

If so it's permanently stuck in development hell.

>> No.24780886

anyone here unironically hoarding nickels?
>>24774370
uuuu is better as a hold that you bought months ago

>> No.24780954

>>24778566
i hold nue over x because they seem more futurepilled
also bhp over vale mostly just because they are australian and i don't trust the staying power of latinx companies

>> No.24781123

>>24780815
Pan Man basically said they got greedy trying to build a big ass mine. It’ll never happen.

>> No.24781175
File: 51 KB, 420x420, 529vf9g91.jpg [View same] [iqdb] [saucenao] [google]
24781175

Buy XOP

>> No.24781196

Lundin Mining

>> No.24781218

>>24774409

17 - 20 million tons to produce in 2020, 6 million being automotive.

Again, profit margin of $100/ton is $2b

In 2008,
$X
made $17/share (118m shares) on 8 million tons sold.

Stock went to $160

No time to look up price of steel that year

CLF is gonna make some big moves this week

>> No.24781384

dudes, what can i put 1000 euro on. leave it for a year. And make big gains. And what platform? I play on Plus500, but I ain't no trader sheeeit. Help a poorfag. tankxs

>> No.24781466
File: 925 KB, 2868x1912, Drills at Pebble Mine project.jpg [View same] [iqdb] [saucenao] [google]
24781466

>>24780749
NAK's Pebble sits between discovery and strategic investment, as the company was trying to get developmental approval when Pebble (in its current form) was shit canned by the US government. NAK is appealing but I dont see how they can get a solid approval in the projects current state, it needs some major changes before it gets approval, and that may never happen now that environmental groups are moving into convert the area to protected status. That would come back to bite the US in the long run locking up a massive US statistic resource for good but NAKs handling of the project brought this about and now they have to live with it.

>> No.24781639
File: 1.15 MB, 1200x2292, mine life cycle.jpg [View same] [iqdb] [saucenao] [google]
24781639

>>24780494
Here's the full image.
Not sure who made this thread but some of us at /pmg/ were readying some links for a commodities general. We tried making a few threads but /biz just wasn't ready for /comgen/ just yet. Somebody posted a copy-paste of some of the links we came up with somewhere above but we're nowhere near ready. We have the mining side covered but should add info on agri, oil/gas, futures and a bunch of other things that might be commodities-related.
I've some of those links saved but an OP general message needs to be worked on. Not ready yet and no idea when I'll be able to work with Pan Man or somebody with the necessary knowledge related to commodities. Pretty sure Pan Man himself doesn't know too much about oil and gas besides the basics at least.

TL;DR: Yes, but no.
>>24780749
NAK is royally fucked because they didn't get environmental permits. They fucked up really hard and I'm fairly convinced it's game over.

>> No.24781747

I posted Nak memes as a joke. Don't wager on the fighter that is down

>> No.24781868

CLF is such a comfy hold

>> No.24782343

>>24781747
no worries, its an interesting example of a corporate fuck up.

>> No.24782594

CLF

"It was the plan when I came to Cleveland-Cliffs in 2014," said Gonclaves, the chairman, president and CEO, in an interview last week. "It was a multiyear plan that was executed to perfection. It isn't consolidation for consolidation's sake. Consolidation works when you have the right vision and the right strategy. We're stronger with more assets."

After the $1.4 billion acquisition of ArcelorMittal USA closed last week, Cleveland-Cliffs is taking over ArcelorMittal East and West in East Chicago, ArcelorMittal Burns Harbor in Porter County, ArcelorMittal Riverdale just over the state line in Illinois, the I/N Tek and I/N Kote finishing lines in New Carlisle, and ArcelorMittal's Gary heat treat and rolling facilities inside U.S. Steel's Gary Works steel mill.

"We are excited, energized, and fully committed to the area and the state," Goncalves said. "We are fully committed to the assets. We love the assets. We love the business. Our mission will be accomplished with all these assets under our control. We will work with the unions to seize this opportunity and generate wealth.

"With our integrated footprint, we are self-sufficient with the right cost structure to take care of the business," he said. "We have the technical capacity to take care of the clients. We will be the automotive supplier of choice."

The company is "basically buying its own client" to help bring down operating costs, Goncalves said.

Cleveland-Cliffs supplying iron ore to its own steel mills will solve the problem of high and fluctuating input costs that has bedeviled the American steel industry for years, he said

>> No.24782600

I’m bullish on CX for cement. Anybody buy any calls for CX?

>> No.24782612

>>24780462
veolia

>> No.24782623
File: 12 KB, 372x300, 6EC6430696364489B0916D20E79D3BCC.jpg [View same] [iqdb] [saucenao] [google]
24782623

>> No.24782627

no comment on hoarding nickels? dead thread.

>> No.24782662

>>24782627
It’s Manganese for me, dawg.

>> No.24782725

I don't remember my DD on BG but it has something to do with basedbean futures and their current pricing, and Brazil. Companies which supply farm equipment to Brazil will do well also.

Does anyone know where I can see seasonal trends on commodities? I.E., lumber typically drops in the fall because as it gets colder building projects will slow down or halt. Natural gas typically does better in winter because it's used to heat homes. I am looking for a resource that displays seasonal trends in all commodities.

>> No.24782769
File: 21 KB, 356x356, Praseodymium.jpg [View same] [iqdb] [saucenao] [google]
24782769

>>24782627
>>24782662
Honestly you can’t even call yourself a stacker until you have a solid base of Praseodymium. Praseodymium has been artificially suppressed by the big banks for decades now, and they can’t keep on doing it for long. History’s largest bull run on Praseodymium is just starting, and you’re gonna kick yourself forever if you don’t get in on it now

>> No.24782824

So whats the deal with the rsi on clf? Does it even matter?

>> No.24782838

>>24782824
It’s troubling for sure. NEE calls are a better bet

>> No.24782845
File: 4 KB, 310x162, 1588612409331.png [View same] [iqdb] [saucenao] [google]
24782845

>>24782769
Whats your ticker rare earth shiller?

>> No.24782910

>>24782845
You know I could tell you, or I could just keep all the amazing profits to myself! Praseodymium is going to moon so hard it'll leave the solar system

>> No.24782986

>>24782769
then shill me a ticker. i’ll do some digging into it

>> No.24783011

>>24782910
Get on! CLOCK'S SHILLING

>> No.24783182

>>24782845
not him but MP
https://mpmaterials.com/what-we-do/

>> No.24783211

>>24782910
SAFRF
AVLNF
UURAD
MLLOF
LYSCF

share the wealth anon, dont be cuck

>> No.24783251
File: 1.54 MB, 1114x1600, Peter Schiff in High School.png [View same] [iqdb] [saucenao] [google]
24783251

>>24783211
>>24783011
>>24782986
>>24782845
It's a copypasta.

Although REE's are definitely going up. However I know nothing about REE companies yet. Sorry for leading you guys on

>> No.24783298

>>24783211
explain all these foreign tickers

>> No.24783898

tmrc is a US rare earth and it is booming. Downside is its otc

>> No.24783973

>>24783182
old failed mine. tell me why its different this time.
>>24783251
dude just go away

>> No.24783994

>>24782845
>24782769 #
>Whats your ticker rare earth shiller
TROX, DNN

>> No.24784011

Fellas..

>> No.24784023

anyone got a position on first cobalt? they just keep inking supply deals but share price never moves?

>> No.24784045

>>24783973
correct me if i am wrong but arent they operating one of the only rare earth processing plants in north america?

>> No.24784102

>>24783973
>tell me why its different this time.
better imaging and measuring technology, modern drilling equipment, rising commodity prices?

>> No.24784845

>>24778530
OXY is getting bumped off the SP100 by TSLA on 21st. Maybe consider opening a put since all the ETFs and pensions pegged to SP100 will autosell OXY positions, queueing negative price action.

>> No.24784922

easy on the commodities..

>> No.24785098

>>24784045
wasn't that the case before they went bankrupt before? this isn't a new listing.

>> No.24785139

>>24784102
why would i buy a commodity company that can't handle falling prices?

>> No.24785164
File: 41 KB, 608x494, file.png [View same] [iqdb] [saucenao] [google]
24785164

>>24784845

>> No.24785297

>>24785098
I am not up to date on everything to do with this particular company, but i do remember they had a hell of a time permitting the mine to California standards. Anything REE related in the US is a massive headache.

>> No.24785380

>>24785139
Good point. I don't know anything about the company mind you but those reasons I gave earlier might very well be worthy grounds for investing. And yes, as Pan Man said REE's are a headache to permit, mostly due to environmental hazards. Probably for the best to go for fully permitted or already producing REE companies. I believe UUUU had a currently producing REE mine?

>> No.24785399

>>24785164
less that someone always knows, but that they've been unprofitable for 4+ quarters and show no sign of changing, was kind of obvious if you looked

>> No.24785507
File: 117 KB, 730x783, green+wojak+crypto+meme+2.jpg [View same] [iqdb] [saucenao] [google]
24785507

Looking at futures

>> No.24785681

>>24785297
>>24785380
MP was a public company before. they couldn't cut the mustard. this runup was entirely based on trump, chamath, and china. back to "normal" now and that all fades away. bankrupt before 2024 only to be shilled again at a later date.
buy lynas.

>> No.24785728

>>24785681
I'll put Lynas into my DD backlog thanks. For now I'm focusing on precious metals a bit more, when those start bull running again I'll have more time to look at other commodities I'm sure.

>> No.24786779
File: 38 KB, 600x586, 2e5.jpg [View same] [iqdb] [saucenao] [google]
24786779

Iron futures up more, anti clf bears anally raped

>> No.24786943
File: 416 KB, 976x650, HE.jpg [View same] [iqdb] [saucenao] [google]
24786943

LEAN HOGS

>> No.24787409

Uranium stocks going up and I'm not in yet
Dip so I can get in damn it

>> No.24787451 [DELETED] 

>>24785380
UUUU does vanadium but their CEO (Mark Chalmers) mentioned they’d eventually like to get into other types of REE.

>> No.24787452

>>24787409
dip by january 20 2021 no doubt

>> No.24787524

>>24787409
>Uranium stocks going up and I'm not in yet
>Dip so I can get in damn it
Don't wait for dips

>> No.24787545
File: 50 KB, 224x168, A20B0CE4-D7DF-4C63-9495-9DF28699562E.png [View same] [iqdb] [saucenao] [google]
24787545

>>24774259
The only oil is $rlc. Sage in every field

>> No.24787558

>>24785380
UUUU does vanadium but their CEO (Mark Chalmers) mentioned they’d eventually like to get into other types of REE. In fact, it is monazite that they are increasing production on which is a result of the catalyst of the US department of energy entering an agreement with the company for the production of REE from coal-based resources.

Do you know where helium can be extracted from? Monazite. Good thing we’re also in a helium shortage. $10 is fud for UUUU. It’s going to $25+.

>> No.24787619

>>24787545
FANG

>> No.24787715

>>24785728
whyd you stick your nose in if only to back off on a single bulletpoint? chamath appreciates your donation.
i was bullish in the mp spac and ree in general until i saw him shilling it. glad i bought my lynas bags way before some poo was on it. saw the fvac trade coming but didn't. at the very least don't add. it's a literal hole in the ground.

>> No.24787760

>>24787558
https://youtu.be/HR51bsxGwUA

>> No.24787847

>>24787715
>whyd you stick your nose in if only to back off on a single bulletpoint?
Because I like taking part in discussions, even if I can't keep up. It's a good way to learn in my opinion. You wouldn't have explained why it was a bad investment in your opinion if I hadn't stuck my nose in. I'd say it was a net good for me.

In the end I'll do my DD before investing of course though.

>> No.24788341

How do I get exposure to kevlar?

>> No.24788464

>>24788341
Short bullets

>> No.24788774

I've been thinking about going balls deep on call options that are deep OTM for corn, s o y b e a n s, wheat, canola, sugar, cocoa, and lumber.

>> No.24788898

>>24778530
>>24778566
>>24781639
I heard an investors call with ConocoPhillips. They are expecting oil at $60 by summer. They are dropping 3 rigs and will have close to 14 in Texas. Both Permian and Eagle Ford. Might be good future for them after Concho merge. Largest shale player and massive production per day.
>but XOM is much more focused on oil and they have expansion plans in the works for the future i.e. guyana.
XOM has a bad future. They just wrote down 20 billion, their first write down in ages i think. They just fired a massive portion of their upstream geos and engineers, and have poor cash flow and other issues popping up all over. All on top of a desperation to maintain that divy. If that divy goes its falling like a rock and they know it. CVX and COP are much better. If you want Guyana action just go with Hess. Much better management and partnered with XOM on most of those platforms in Guyana.

>> No.24788937

>>24787847
are you white?

>> No.24788948

>>24788937
Are you black?

>> No.24789883

Obviously lumber prices skyrocketing were something I think k few could have predicted. Right now water is the play, and figuring out ways to get in on that right now can be tricky, at least cheap stock plays. Ecolab and stocks of that nature are in the range of $200 per share. I'm sure some of us with more than paltry four figure meme accounts can afford the splurge, but there isn't much on the water front aside from those.

>> No.24789930

>>24789883
Buy Nestle, then.

>> No.24790003

>>24788948
>deflection
jew or asian?

>> No.24790071

>>24788774
What calls specifically and what time frame? Probably a very good play.

>> No.24790084

>>24788898
good info. im looking into conocophillips now

>> No.24790365

>>24778530
Take the ET pill
>that dividend

>> No.24790450

>>2479007
How about Corn Dec '21 470c buy limit 14.5? Or maybe even Dec '21 500c buy limit 10.5?

>> No.24790956

>>24790450
meanth to reply to >>24790071

>> No.24792160
File: 797 KB, 1200x982, Steelstacker.png [View same] [iqdb] [saucenao] [google]
24792160

>>24779269

>> No.24792472

>>24789883
I posted that lumber was going to moon in /smg/ about 10 times before it hit ATH and I'm not exactly an expert in this. 0% federal interest rates + people trying to get out of cities/California have created a huge housing boom, and looking at any homebuilder's stock since March will show you this. Of course lumber was going to moon, the demand was ridiculous. Then the Pacific Northwest, a huge supplier of lumber to the rest of the country, was engulfed in historic wildfires for 2 months so supply went down drastically. Prices peaked in Sept because you can't build things outside in winter, and at the peak I continuously posted that it was a bad time to buy, then afterwards I posted several times that people were stupid for buying at the top. It's rising now because it was oversold from the peak but will come back down. Buy in late winter before building season begins and we'll probably get another ATH next August/Sept. Best way to do this is a northeastern supplier of lumber.

>> No.24792595

>>24792472
fyi the chinese are starting to buy up timber rights in parts of BC off the government and West Fraser Timber. Its quiet right now but I am betting they will soon be doing it out in the open. Chinese firms already buy hundreds of thousands of board feet of raw logs from first nations in BC along the West Coast, looks like those same companies are wanting a larger stake in the area.

>> No.24793406

>>24774601
i gave up on my options threads, no participation, but i have been selling puts on oil for quite some time now and do not plan stopping

>> No.24794499

Uuuu premarket, holy crap

>> No.24794869

I like seeing more threads in here, like the one. Maybe I will look around every so often.

>> No.24794874

I had UUUU and UEC on my watchlist back in July but decided not to buy, feels bad man

>> No.24794968

>a commodities general
that's pretty neat
I'm holding leveraged etfs on wti and I'm not going to sell until we hit at least 50.

>> No.24795077

>>24778970
>Uranium is not currently mooning
Uranium is not a commodity. Commodities are things you can eat like beans or cows and sugar.

>> No.24795472

>>24795077
>Not eating Uranium
ngmi

>> No.24795647

>>24795077
Uhhh HELLO? Why do you think it's called Yellow CAKE?

>> No.24796402
File: 15 KB, 340x365, ciaman.jpg [View same] [iqdb] [saucenao] [google]
24796402

If uranium takes off, will I make it?

>> No.24796416

>>24778819
>>UUUU Daily RSI = 86
>BEWARE
Everyone point and laugh at the technical analysts.

Thank you for the warning though, even if it was wrong at least it came from a good place. Peace love

>> No.24796469
File: 74 KB, 1280x720, uuuu.jpg [View same] [iqdb] [saucenao] [google]
24796469

>>24796402
>If uranium takes off, will I make it?
It would be very big gain, 4u.

>> No.24796552

i am newbie stonkbuyer, should i buy 200x uuuu bros?

>> No.24796583
File: 67 KB, 888x499, 4u.jpg [View same] [iqdb] [saucenao] [google]
24796583

>> No.24796779

>>24796469
Based 4U poster

>> No.24796926

What are your opinions on ET? I bought earlier this year at 7.70 before it dumped two dollars and its been slowly crawling back.

>> No.24797186

>>24796926
>What are your opinions on ET? I bought earlier this year at 7.70 before it dumped two dollars and its been slowly crawling back.
I know nothing about it but it is 30% below the average price target and slowly crawling up is usually a good sign. Might be a good thing to put some mildly OTM calls on.

>> No.24797398
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24797398

>>24774259

$60 oil by March. Who else /LONG/?

>> No.24797434
File: 10 KB, 231x219, download (4).jpg [View same] [iqdb] [saucenao] [google]
24797434

>>24774409

http://gains.dob.jp

>> No.24797589

>>24797398
which oil stocks are you holding?

>> No.24797608

i have 10k on the sidelines... no fucking idea what to buy. i bought dave and busters in march and cashed out last month now lost. all in on CLF? UUUU?

>> No.24797691

>>24797608
>CLF? UUUU?
yes

>> No.24797767
File: 103 KB, 777x960, 1582140670952.jpg [View same] [iqdb] [saucenao] [google]
24797767

>>24797589
>which oil stocks are you holding?

I'm in Canada and there are a lot of really badly beat up oil producers here, which are really coming back to life as money managers plow back into the sector.

I'm mostly in the midcap producers, highest quality company with the best balance sheet, assets and management is Whitecap Resources. Currently outperforming the big boys.

>> No.24797826

Not sure if it was you who shilled that 4U would hit 3.5 this week but thanks. I wish I put more than 25 dollars in this stock on Friday.

>> No.24798142

>>24797589
>>24797608
GTE is good for me.

>> No.24798202

>>24797608
>CLF? UUUU?
Those plus HZON

>> No.24798213

>Paycheck not in for another week and the uranium stocks I'm eyeing already went up ~80% this month
Feels bad man

>> No.24798307

I missed the 4u dip, should I wait or just buy now at 3.45~

>> No.24798326

>>24798307
Wait for a correction this week

>> No.24798437

>>24798202
What is HZON even trying to acquire?

>> No.24798443

>>24798307
>I missed the 4u dip, should I wait or just buy now at 3.45~
Buy. The rare earth deal was announced. It's not correcting. The price is low now. The targets will be updated within the week to $5 or $6

>> No.24798481

>>24798437
>What is HZON even trying to acquire?
Who cares? The rumor is OnlyFans and the leadership have a great history, that's all that matters at this stage of a SPAC.

>> No.24798500

>>24798142
is GTE actually a buy? a penny oil stock just smells (and looks) like a PnD

>> No.24798559

>>24798481
>Who cares?
Sir this is a commodities thread.

>> No.24798680

>>24798500
Checked. It’s book value is around 2 bucks and they are getting rid of debt. Turnaround story.

>> No.24798724

>>24798680
So buy now? wait mid day? What's the play?

>> No.24798869

These are just dips in LTHM / UUUU / CLF. Just dips. Buy now or get fucked.

>> No.24799036
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24799036

>>24798869
why did I sell UUUU on open Friday

>> No.24799059

>>24799036
because you're ngmi

>> No.24799208

>>24799036
ngmi

>Holding CLF
Steel hands

>Holding UUUU
Glowing hands

>You
no hands

>> No.24799336

>>24799208
But I did hold CLF, I sold UUUU cuz I thought it would dip moar
Owell, I'll try to buy back in if it has a red day, maybe even today, still looks like it could go either way

>> No.24799570

>>24798724
Start adding now. Only going to go up. Add on dips. Sell at $2 or wait for the real moon mission once hedge funds start buying again. There was heavy insider buying last year around this time @ $1.

Also:
/UUUU/ chads — live webcast in 25 minutes: https://produceredition.webcasts.com/viewer/event.jsp?ei=1413420

>> No.24800113

My LTHM call is going to expire worthless. Good thing I own a lot more UUUU than LTHM calls.

>> No.24800145

>>24800113
>short dated options
when will you morons learn?

>> No.24800428

>>24800145
>when will you morons learn?
When I'm a trillionaire I'll make a post in your honor.

>> No.24800560

I bought 200 uuuu at 3.40 because of you please don't troll me

>> No.24800927

the only moon mission i'm interested in right now is that of albt. So fuck off anon