/biz/ - Business & Finance

I wanna buy a silver ring that it is more expensive than a silver round 1oz
What to do?

>>25265445
What's the premium over spot? Why do you want it? I'd say just go for it, unless you are hoarding 100s of silver rings then just do what you want man.

Tried making a stack pic for the first time, wanted to get to 1 Full oz of gold by the end of the year but my dealer doesn’t have any more 1/10 eagles right now

>>25265445
Always haggle over jewelry. Go to the store or call the online store and say you like the ring but you don’t want to pay whatever it costs.

All price is negotiable. If you’re afraid of negotiation then how tf are you gonna use your PMs to buy things?

>>25265519
I love how phoneposting always rotates imagines

>>25265445
Silver jewelry doesn't even impress. Just buy some coins or bars

Give it to me straight. Should I buy 20 ounces of silver now or in a month? How likely are we to drop esp if the market drops overall and causes a selloff?

>>25265760
a months time who knows, tho it looks like silver is slowly crabbing down right now.

Go long with the banks and buy physical

>>25265760
dollar cost average that shit anon

I know I paid a bit much for one coin but I bought it purely just to say I own one. Guess I'll never do that again though I don't regret it.

Does anyone else get an erection at the thought of ordering several hundred dollars of merc dimes? This doesn't happen to me with other PM purchases.

heres a neat vid from Meminer out in the Cobalt Ontario region. Polishing Native silver ore. https://www.youtube.com/watch?v=kpvrfpt_QQM

posting core porn

>>25266499
> 14,394 g/t gold
Am I retarded? what does this mean?

>>25266601
for every tonne of ore, there would be (approx) 14,394 grams of gold in it. Now notice in the bottom it also has the amount of core carrying this gold grade, in this case its 0.75m. So 0.75 meters of core sample pulled up carried that insane ore grade.

>>25266601
Damn

What miner owns this plot of land?

>>25266682
Got it, so the grade isn't necessarily the same elsewhere - just this particular core sample had a shit ton of gold in it?

>>25265791
Gold bullion sales is up 700%.
Gold price is up 20% only.
How long can this jewery continue?

I ordered a tube of ASE's from silvergoldbull five days ago and it is still processing. They haven't even charged my paypal. The last time I ordered from them was before the lockdowns in March and it took a month to arrive. Does it still take that long?

Gold bullion sales is up 700%.
Gold price is up 20% only.
How long can this jewery continue?

>>25266767
Yep its a "holy shit" moment for geos and great for publicity because if theres one section of ground with that grade, than theres probably more not too far away.
>>25266721
That would be the explorer / soon to be producer Ascot Resources based near the town of Stewart BC in the Famous Golden Triangle! Their main project is the past producing Premier Mine, one of BCs longest lasting gold producers.

>>25266922
One year god, please one more year.

>>25266892
another 4000 years?

>>25266922
i wonder if silver is similar

>>25266601
There is gold in the area.

>>25266936
God damn it it’s otc

What do you use for otc trades?

>>25267000
I live in Asia and no one has any interest in silver bullion.
People here buy gold, not silver.

>>25267062
which country are you in, there are a bunch of different services that let you do otc trades.

>>25265791
Are you fucking serious? Is the bull market canceled just like that? Man fuck this and fuck everything.

>>25267134
Take a guess

>>25266682
Wow that shit is impressive. That's ascot right? That's one you throw around a lot.

>>25266499
checked, Ascot has been way up recently, thanks PM! and nice day today for Scottie too!

>>25267134
Any negatives to ascot?

>>25267221
ah fuck if i know mate US?
>>25267239
yep I mention it often because so few people south of the line seem to have heard of this and similar projects
>>25267267
Yep I cant wait to see if Scottie can get back to drilling this winter, but weathers a bitch
>>25267276
only one is that they are small and waiting for upgrades to be manufactured for their mill site, its also got a bunch of old mine waste to deal with but thats normal and already worked on.

>>25266936
when did this news drop (of the ore)?

>>25267477
earlier this season, it was pretty quietly announced actually. Ascot was pumping out pretty good drill results weekly for most of the summer.

>>25265412
How much silver would be required to purchase a child sex slave?

ABXXF has been making moves today. Look into it guys. Commodity exchange for gold and LNG to start using tokenization. They are looking at pricing different ESG gradings for commodities.

>>25266936
Pan Man, do you think Ascot or Scottie could have ground like Eskay's and get similar amazing results?

>>25267462
Haha yes US

>>25267543
3 nail sized shavings

>>25267568
I think Ascot has a similarly massive high value ore body below ground, its just got to be proved up to modern standards. The area hosted 4 mines, now all under one operator. Scottie though is much smaller. It only operated for 5 years back in the day chasing high grade gold quartz but drilling will likely extend the already known ore body. Blue Berry zone for example came back with great results. Cant believe I was camping on top of that either lol.

>>25265445
A Wild Mannorino has appeared, and he has instructed you to buy Silver anon

>>25267626
In that case I’ll be drowning in cunny till the day I die

>Go to antique stores
>Literally every silver item is just plate
FUCK

>>25267734
would a metal detector have helped? kek

>>25267882
probably not, that whole area is more rust than rock.

>>25267221
Oh, it’s Ron Swanson. Hey, Ron.

>>25268397
>Metal supplies grow every year through mining
I’ve never heard this here before, but isn’t it true?

>>25268439
>I’ve never heard this here before, but isn’t it true?
It grows at the same rate as the World Population does for Gold. For Silver, about as much is lost to industrial uses as is mined per year.

>>25268397
forgot space mining

my $10FV 1964 kennedy halves come in today!!!

Someone needs to go thru those copypasta links and either rank all those domains for the sale of bullion or remove the shitty ones. Schiffgold.com??

night all, I ll leave with one more pic of core porn

Thanks for baking and the core pr0ns, based pan man.

>>25268535
Asteroid mining is one square left of center.

>>25267534
The slides were from a presentation done in 2018

My Grandma got this particular half dollar as a kid in Goose Bay, Labrador sometime in the mid 60s and yet she didn't even know it was Silver until she showed me it the last time I visited her.

>>25265519
Nice start if you’re under 25

>>25269762
Purity?

>>25269935
80% @ 11.66 grams total weight
9.33 total grams of pure silver

>>25269779
I'm 18 so thanks

>>25268439
the supply does NOT grow. the CIRCULATING supply grows, as existing stock, of which there is a finite amount, is taken out of the ground. With any non renewable natural resource, it becomes increasingly difficult to do over time.

Can anyone remember the name of a mining company based here in the US that is the only source of rare earths outside of Asia? I'm trying to put together a portfolio to invest in once I start getting paid again.

>>25270543
Energy Fuels Inc.?

>>25270543
Lynas is Australian
IIRC Energy Fuels is also expanding into rare earths, but I might be mistaken
I've also heard that most mines have rare earths as a byproduct anyway

>>25270649
>I've also heard that most mines have rare earths as a byproduct anyway
this is correct
>>25268397
I own a metals recycling company and most of those boxes are me

>>25270543
There was one called Molycorp but I think they went bankrupt (again).

>Dolly varden drop to speculative tier
why ? Not invested into them yet, still have to enter IRV, LIO and BLLG.

>>25270642
Think I found it, alhough I'll add energy fuels due to uranium.
MP Materials
https://www.nationaldefensemagazine.org/articles/2020/11/20/mining-company-determined-to-restore-us-rare-earth-supply-chain

>>25268700
>>25266499
More core porn!

>>25271466
This is now a Core Thread.

>>25271537

>>25271553
Here's one with handy labels.

>>25271601

>>25271623
This one is a treat. Looks like it could be from Red Lake.
Nvm it's Kalgoorlie ore

This one is nice too, it's from the recent Mawson's Joki East gold hit from Lapland, Finland

>>25271756
Guess I could post the image lmfao

>>25271770
What's the Blue stuff in it?

>>25271770
And here's a cool high grade copper assay
>>25271820
That's the gold, I believe they use an IR light to make it look like that. Not sure

>>25271843
Another high grade copper assay. This one is almost entirely made of cuprite according to NR

>>25271886
Sometimes circling the VG is a bit unnecessary

>>25271934
This assay from New Found Gold looks a bit modest but has amazing grades: 19m @ 92.9gpt Au!

>>25272009
This Canada Nickel Company core has lots of palladium & platinum in it. Drilled from their Crawford Project, 40km north of Timmins

Is MoneyMetals reputable? I haven't ordered from them.

>>25272748
>>25272009
>>25271934
>>25271886
>>25271843
>>25271770
>>25271623
>>25271601
>>25271553
Fabulous material, a few of these cores are perfect examples of "nuggety" ore.

Heres some VG in ore from the Casper Zone found by Garribaldi Resources near the Nickel Mountain Project.

>>25270881

Silver Sitfolio has just now upgraded both Klondike and Vangold to "Big." They used to be medium or speculative positions. They were considered core on /pmg/ months ago.

https://www.goldventures.org/blog/silver-sitfolio

Interesting that he puts things there after it already has gone up 5x, rather than getting in there before.

>>25273550
Klondike were already in big, vangold were speculative and went directly at the 3rd place so yeah, its just a proof he isn't always right, like everyone else. I asked because I'm trying to find priority in my entry. Irving are back to March level so I wanted to use feb+march to get a good position in them, but Dolly varden should get result from sample they sent in november soon. Same for LIO, they're back to April level. Can't enter everything at once and Silver is grinding higher; guess sacrifice must be made.

>>25273622

>Klondike were already in big

Here is an archived version from October. Klondike is in the normal category. Klondike was considered core here from September.

What the fuck is going on with gold spot? It dropped 5% over the past 24 hours.

>>25273550
GV is pretty upfront about "averaging up" on winners and never "averaging down" and so he cuts losers or stalled tickers rather abruptly after major news events.
He is also primed to sell everything in April and rebuy back in Oct/Nov

>>25273770
not that anyone gives a fuck about small paper fluctuations, but it's barely moved anon

Idolators

>>25274388
Wiener

>>25274396
basde

>>25274388
Flagellator

For anybody wondering about how mining works in action, here's a good video about Barrick's operations at their Cortez mine. Was really educational for me as I'm mostly familiar with the fundamentals and the results rather than the actual work itself
https://www.youtube.com/watch?v=nmAVtQ7MU4Y

>>25274432
>americans get to work in cool places like this
not fair

>>25274472
South Americans are arguably luckier lol!

>>25274432
o neat i havent seen this one before.

Alright, I'm leaving one more core porn image. Have to drag my ass to work now, will probably lurk or post a bit with another ID later.

How much of your portfolios are metals? Just curious. Asset allocation is one of the most important factors in investing, that is what you guys are attempting to do here isn’t it?

>>25274432
man mining has become "onions"

>>25274648
very nice chalcopyrite
>>25274432
underground may be dark damp and dangerous but I would rather be underground than working in a pit.

>>25274754
96%. 4% in a single uranium stock, don't have enough knowledge on this so I would rather just focus on metals.

>>25274948
As a boomer boglehead investor I would encourage you to stop lol.
I had a problem with buying metals in the summer, spent 14k and realized I was addicted to buying.
Now I’ve researched and actually begun investing, and stopped my spending habit and turned to the frugal life.

Keith has had enough

https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver?utm_source=twitter&utm_medium=social&utm_campaign=&loc=email-thank-you-2

>>25274754
100% mining companies + physical

>>25275067
Oh I stopped buying PM this summer since I finished getting my defensive position. Just turned 29, now all my income goes to PM miners since I do believe we're at the end of the debt cycle. I'm not addicted to PM, I will rotate to something else when everything is over. Probably real estate, getting a few rental then I'm going off to SE asia for a frugal life, don't intend to start a family.

>>25274754
barbell strategy: initialy 70% physical silver, 20% physical gold, 10% miners (gold, silver, uranium)
100% invested precious metals (i have less than 1% BTC, a little bit of platinum aswel)

took a credit in 2018 to do it (interest rate 2%), already +30% since

will rebalance in march, the miner compartment have doubled

wagmi frens

>>25274432
Heres a vid from mount baker mining running a small scale underground mine. https://www.youtube.com/watch?v=Ye5zXH0ITek
this is a similar scale to operations like Bayhorse silvers mine and IDM mining's Red Mountain Project.

bumping with ore

bump

Can someone explain the March $14/oz situation? What caused it and what needs to happen to get back to it??

>>25267221
use fidelity for 0$ OTC trades

>>25265445
if its nothing but weight your after go for the round unless you get a really good deal on the ring jewelry is like cars value drops as soon as it walks out the store unless its a very well known maker

>>25276695
freak market crash across the board where almost every asset class saw a scramble for liquidity. the masses didnt know just what this virus was at that point, and theres no fear like the unknown.

it is incredibly rare to see such a drop across all asset classes.

There is no realistic circumstances where the nominal price of silver will ever get that low again. I am not even convinced that physical prices did get that low to begin with.

If you look at the long term silver chart, you can see that prior to march the price was still bearish. this means any and all freak economic occurrences could hit it even harder. it was only the pump from the lows of march to august that turned silver into long term bullish territory.

>>25277005
>There is no realistic circumstances where the nominal price of silver will ever get that low again
Unless the eventual crash will be a deflationary one as opposed to the inflationary crash that we're all (rightly) expecting.

Bob Moriarty 30 minutes ago in the ESK chat:

"My sincere congratulations to Mark Turner, Dr. Pimple Popper of South America who mocked all those companies who brought Dr. Quinton Hennigh on to advise them. On the 21st when Eskay was $.99 he said, P.T. Barnum PhD has no shame
Aaaaand another one! Where are we now, Barnum, is that the round twenty? We mere mortals have lost count. Do not expect any apologies from Dr. Popper, he is a psychopath who cannot admit what a pitiful monster he is. ESK was about a buck a week ago and was an easy double. In one week. thanks to Quinton Hennigh."

Mark Turner = IKN BLM

Worth considering the above remarks in view of the fact that Eloro Resources is one of Moriarty's top 3 choices for 2020, and Quinton Hennigh is working on that project. Hennigh is also one of the largest shareholders in Irving Resources.

>>25277133
yep, i do intend to enter eloro, irv and lio with very high priority in the next 3 month. DV and all other will have to wait, learned my lesson with missing the eskay train. sad.

>>25277092
Deflation would destroy the value of assets proportionately based on how much debt has fuelled the asset class. As debt is very rarely used to purchase precious metals, they will be relatively unaffected by deflation compared to stocks and real estate. Purchasing power will be retained by owning precious metals during deflation.

That said, I highly doubt deflation will happen, the future is endless stimulus. There is zero political will for deflation

>>25277092
deflation is a decrease in the money supply. by money supply, we mean the volume of money circulating for goods and services. this decrease in volume of the circulating currency makes the currency more scarce and therefore more valuable. this is not inherently bad. in fact in a normal world, it is good. it means your savings and income is worth more and you can get more for your money.

In the clown world we live in however, it is disastrous, for two major reasons. Debt and consumerism are the bedrock of our entire worldwide economy. deflation fucks our shit up because

1) it makes debt more expensive to pay(because there is now LESS money available)
this can lead to banks becoming insolvent and they can now no longer issue new debt. this means the debt-consume cycle stops.

2) it decreases consumerism because now that the supply of money is lower it is more valuable and must be spent more carefully. and because debt is harder to acquire people cant borrow money to buy shit they dont need.

so in a world of debt and consumerism, a deflationary spiral leads to mass unemployment, poverty and depression.

To combat this deflationary force, central banks print money and inject it straight into the economy, meaning people have more money to spend on goods and services. This increase in money supply is caused inflation and makes the currency LESS valuable. Over time, they print too much and lose control by hyperinflation and all fiat currencies return to their inherent real value - they become worthless.

>>25277364
>deflation is a decrease in the money supply. by money supply, we mean the volume of money circulating for goods and services
call that velocity of money, they will understand right away. Otherwise they will just misunderstand that as money supply created by the fed and wonder why there is no price rise.

>>25275067
>be boomer
>spend $14k on sound money
>feel guilty about not buying more TSLA or some other trash
>$14k on physical doesn’t feel like a drop in the proverbial bucket as a boomer who should have at least a million saved for retirement.

Yeah, you’re ngmi

>>25277364
We can see clearly that governments and central banks simply cant, and wont allow deflation to occur.

Deflation is not necessarily something a central bank DOES but rather a force of nature, of human action. When the economy is suffering, and the quantity and quality of goods and services being exchanged is decreasing(leading to unemployment etc), it is only natural then that money itself becomes more scarce.

I must clarify something mentioned here>>25277431


just because the total supply of money INCREASES does not necessarily mean that inflation will occur, because it is the supply of money circulating for goods and services which is what the real economy is concerned with. If the central banks prints $1 trillion, but this $1 trillion never makes it way into the economies circulating supply of currency(lets say, $10 trillion) and only sits in a bank, then there will simply be no effect. It is only when this $1 trillion is added to the circulating supply does inflation occur(the circulating supply is now $11 trillion, thus diluting the value of ever previous unit formerly making up the previous existing $10 trillion)

The velocity of money is not concerned with the volume of circulating currency but rather the RATE(frequency) at which it is exchanged for goods and services.

>>25265412
Can I get an appraisal on this solid gold pepe?

The second I see drilling at Pino for Silver Spruce, I’m going in big. Maybe January this will happen. What a sleeping giant this company could be.

>>25277734
the velocity of money is exactly that, the speed at which the money exchange between people. You either misread me or misunderstand what velocity of money means.

>>25277797
looks real

>>25274388
Watchu gon do about it kike boy? Ave Hadrian ave IVPITER

>be Canadian
>1st week of Dec
>order something from USA
>"Your package has arrived in Chicago"
>oh_boy.jpg
>chicongo nigs take 3 fucking weeks to process and ship it
my condolences to americans who share a country with these apes

>>25266936
hey PanMan do you have any insight into VanGold?
Bought a few shares a while back, doesnt even seem like it trades some days?
Anything going on with these folks?

>>25277647
This. If 14k is a lot of money for you as a Boomer, you've already failed at life. I'm only 30 and I threw probably 20k into metals just in this one year.

>>25277867
im autistically being semantic. velocity(frequency, rate whatever) does not imply a direct correlation with circulating supply. ie you could have velocity decreasing(the amount of exchanges being made with the currency) while circulating supply is increasing. in fact, thats whats happening now.

>>25276695
It was a liquidity crunch when every market crashed in March due to a true black swan event. Everyone wanted dollars and so it crashed the small and manipulated silver market as well. However, considering the silver market what is noteworthy is that during that period many retail stores ran out of silver. For example my local coin shop was out of business because they couldn't source any product for over a month and they had so many orders piling in for cheap PMs. Also, I literally bought the absolute bottom and the cheapest silver I got was around 16 USD/oz before the stores ran out. I really don't think that it can happen again because it showed the paper manipulation so clearly. You simply cannot have price dumping at the same time as stores run out of product. That would be impossible without the paper silver contracts and manipulation because it doesn't make any sense that stores are out of product and the price keeps dropping.

>>25278100
ok you're a woman, stop talking with me, you don't make sense, reread my post.

>>25277333
Checked

>As debt is very rarely used to purchase precious metals, they will be relatively unaffected by deflation compared to stocks and real estate.
True. But as debt piles on and people lose their jobs even PM's would take a hammering. Not as bad as stocks and RE of course but in a deflationary event cash is always king
>>25277364
This is exactly true. I'm of the opinion that we will see an inflationary crash but a major depression is also possible, QE might become ineffective. It's hard to say but either is a possibility.

>>25278022
Trading is halted while they sort out their acquisition from Endeavour

>>25277842
Be careful though, the ore might not go down to depth. I too will make a speculative investment, throw some fifty bucks at it and see what happens once the drills begin turning

>>25278138
i've clearly been awake too long because i dont even know what we're arguing about

>>25278174
>QE might become ineffective.

QE IS inflationary, but it is a deliberately subtle mechanism that only increases the supply of money for select asset classes(equities and real estates, to bail out the rich). the consumer doesnt see this increase in money supply so they dont feel its first hand effects, but one way or another it catches up with all of us.

So QE will be ineffective to fight the broad deflationary force, hence stimulus is needed, which is direct injection of new currency into the circulating supply.

The normies are catching up to the smart money

>>25278022
not much new info at the moment i am afraid, there still working out the details with acquiring the mill and mine site from Endeavor silver. I will post anything if it pops up though.

Your coins have graven images on them.

Before i go to bed, which form of money supply in US is hard circulating supply? M0,M1,M2?

I just read that this new stimulus package will be $900 billion+, and presumably this is mostly money going straight to the consumer, so i want to calculate just how inflationary it will be to the existing circulating supply.

>>25278022

I introduced Vangold back in September along with Klondike, you can see the case for it about halfway down this picture. Used to be the most productive silver mine in its district, only closed because of the Mexican Revolution, not mine-depletion. Also lots of old stockpiles lying around which are equivalent to the current market cap, and which only need to be sent to a mill and sold. There is also a good chance of hitting the Veta Madre, which might intersect Vangold's property, and which is responsible for 1.2 _billion_ ounces of silver production. The latest news is that Vangold recently secured the El Cubo silver mine, along with a permitted mill for only $15 million. The mine was originally acquired for _$200 million_, so it was an absolute bargain. The deal was very considerate--little shareholder dilution was involved. Endeavour Silver sold it to them, and is now the largest shareholder in VGLD, so the sale was also a great vote of confidence in the company. It was one of the most impressive deals done by a junior mining company this year. The stock is going to soar when it gets unhalted, you only have to read the ceo.ca chat to see how excited everybody is. If VGLD were to produce today, their mcap would only be 1x cash flow.

>>25278373
Wiener

>>25278232
The geologist who did the initial “overview” (don’t know the term) of the Pino property estimated up to 120 million oz silver, plus some gold, according to a poster on CEO.CA. He emailed their investor relations recently and they told him that.

>>25278404
>presumably this is mostly money going straight to the consumer
A lot of the money will go to other places... Military, Israel for example

>>25278408
Based as fuck. My bags are packed and im ready to soar with my vangold bro's. even managed to get my parents in on the action with a fat stack at $0.21.

>>25278263
Yep QE in itself causes interest rates to be artificially low which kills bond yields and make money move to risk assets. This is why the stock market has performed so well because money tries to find positive yield and since real bond yields are negative (due to infinite QE) the money goes to stock market and also to PMs which in my opinion are the best investment in this situation. Monetary policy doesn't directly cause consumer price inflation because the money doesn't go to the consumer so it is possible that the mainstreet suffers while we see constantly new stock market highs due to QE. This does not make QE deflationary even though some retards keep claiming so. However, if you combine QE with fiscal stimulus you directly give people money which can then enter circulation and cause consumer price inflation. So QE in itself causes risk asset inflation and with fiscal stimulus it causes broad inflation all over economy as we will see.

>>25278443
Yes but that's a potential estimate based on surface showings. Only drills can tell what lies underground. They have done no drilling at all there yet, everything is speculation until you get assays and after enough assays you can start making more and more accurate predictions. Invest only an amount you are willing to lose.

>>25278534
Good advice here, and thank you for the sensible comment. I am enamored by the potential of Silver Spruce, and I’m willing to lose money for what could be basically a winning lottery ticket.

>>25278443
I ll have to go have a look on their website, but was that based on surface samples only or was other work like trenching done? The ore bodies in that particular region of mexico can be very fickle, only being extremely high grade at or near surface and vanishing at depth. Thats why we need to see drill results. If the drills show ore going to depth its a winner.

>>25278408
Holy fuck at reading that screencap, thank god i never listened to the small balled FUD and did my own DD. imagine thinking the 'ongoing concerns' disclaimer for a miner matters KEK

>>25278596
Good luck anon. I too hope that they can get to drilling Pino, and I hope they'll hit a motherload! Many people here on /pmg/ that are excited about the potential there... I hope it doesn't disappoint.

>>25278728
I am a little worried who ever this land owner is has been watching internet site chatter about the project as well, and if he gets good news will try to go to court for a better deal with SSE. I ve seen that happen before with property owners over lapping projects, they get greedy and want a bigger slice of the pie and end up fucking the whole project up. Lets hope that particular owner doesnt screw things up that way.

>>25278485
how many shares bro ?
>>25278625
its always the same guy, he try really hard to fuck people wanting in miners.

>>25278821
Good info Pan Man, your experience shines brightest once again. Lots of risks with this company, anons better be wary.

>>25278625

Haha.

>>25278604
>>25278878
>>25278821

I think what has to be borne in mind about Silver Spruce is that, right now, Pino is barely even priced in. Even a shell company is generally awarded a $5 million market cap. Black Tusk is at $8 million, and they haven't even drilled yet, nor do they have any resources whatsoever--while SSE is only at $7 million. But SSE has a number of other promising properties besides Pino. Just now, they further expanded their Melchett Lake property to 43 square km; they also have El Mezquite. I would rather buy my shares now, than wait for the price to run up on speculation about Pino, and then possibly crash if things don't turn out as expected. The price doubled before simply when people thought that drilling at Pino was going to be announced.

>>25279174

By the way, I'd add to this that very little hype is priced into the stock. People rushed in in August on Pino speculation, but the price has now collapsed again. SSE gets talked about here so much that you might imagine that it's a popular stock, but it really isn't. I'm the one who introduced it here, and I only found out about it because of the zeal of @oldbanker, who is a single person with only 5 followers on ceo.ca.

Gv dumped Kootenay as well. He cited underwhelming drill results. I thought the play with Kootenay was yeah they have low grades but massive ore bodies?

Managed to scoop up GIS and LIO at near open, still waiting for 5000 gayhorses to fall my way tho. Got bids on SSE too

>>25279404

I never really saw the point of buying KTN when you have IPT. Exact same mcap, but IPT has so much remarkable history about it and so much potential. Also, IPT is already producing.

>usd up, gold down
>usd down, gold sideways/down
AAAAAH YEEES THE PLEASURE OF JEWS

>>25279523
THEY CANT KEEP GETTING AWAY WITH IT

>>25279457
Nice. What are you expecting of LIO come 2021?

>>25279174
Your right as usual mate, Pino may be their main talked about project but they have a lot of other ground as well. Melchett Lake looks promising but needs more modern on the ground exploration, which I am sure will happen over the summer. Adding territory like that means SSE wants to solidify its standing on that project, likely to stop flippers from swooping in during a find and stopping SSE from expanding. Good play on their part.

>klondike

Hows husif Pan man? Thinking of buying some today. or are there any good dips that happened? kxplf having a 25% day

>>25279356
Interesting that he also loves Bayhorse.

Man oh man what a nice green day this is going to be

>>25279174
I've had a hard time finding how big their debt is compared to their cash/cash equivalent recently, mind spoonfeeding that information ?

>>25279855
like others have said, their financials are in the dumpster but their very uniquely situated with having one of only two contract mills in BC. There are dozens of small scale gold silver projects across BC that cant hope to afford a mill of their own, meaning that they have to ship their ore elsewhere for processing. Nicola's mill will likely become a major set piece for this part of the mine sector. Go back and have a snoop at the archive, anons have done a lot of DD on them already thats probably easier to read than me trying to retype it all.

>>25279495
Kootenay has a Sprott endorsement

>>25280077
based and checked

>>25280070
I could do that but I'm at work on my phone. You'll just have to go look at their last quarter's financial statement. You'll find it easily

>>25279592
were gonna get em eventually

>>25279855
Here's some basic financial analysis by your truly from last thread, also had a good discussion about the stock there. Have a look, their financial position is garbage right now.
>>25256198

Looks like a pretty slow and shit day for miners. Nothing really happening just little 1% dumps here and there with a few hard dumps.

>>25279624
Ignoring any drilling results and other jurisdictional factors, I think $LIO is ripe for a rebound, down like 40% from previous highs without any real justification. Weak hands are out, and who knows Rick Rule might just come out of the woodworks at any moment and take this above $2.

>>25280307
Good day to DCA in more?

Dumped SantaCruz Silver just now. Didn't like the volatility and crabbing over several weeks

Whats the best alternative to SantaCruz? Or should I just put the money into something I already have
>picrel is what i already hold

current FOMO = Lion One, Blue Lagoon, Silver Spruce

Does anyone here scrap for precious metals? There's a swap shop near me where people throw out computers & stuff and I was wondering if it's worth the hassle

>>25279404
>>25279495
GV also dropped Silver One

>>25278335
>>25278408
Thanks for the response. I'll just get comfy....

>>25280078

If Sprott's endorsement is important, then I think that Excellon Resources is more interesting than KTN as a stock of the same mcap. They are a Mexican silver stock and actually producing about a million silver ounces (not AgEq) per annum, but they are also exploring an old silver mine in Germany called Silver City, which only closed in the 19th century from collapsing silver prices. That excites me more than KTN, which I see as "just another Mexican silver explorer." As a pure Mexican silver explorer I'd rather simply go with IPT, because of the size and history of the property (over 300 square km, 2nd-oldest silver district in Mexico, goes back to the time of Cortez, has produced about a million ounces a year since 1527, silver-bull CEO, purest silver producer in the world).

>>25280405

Blue Lagoon is weak today, still looks good for an entry-point.

>>25279972

Yes, that's encouraging to me also.

>>25279641

Thank you very much for this post.

>>25280485

Silver One is still on the watchlist for GV but no current position

>>25280600
>Blue Lagoon is weak today, still looks good for an entry-point.

impact silver getting dumped on today as well -5.50%

>>25280485
>>25280666

Sprott is still in Silver One and recently added $5 million to his position. There's an interview from November where the CEO talks about his quest to track down some "beyond bonanza silver boulders."

https://www.youtube.com/watch?v=SzQPYEsOUx8&ab_channel=MiningStockEducation.com

>>25277974
Based as fvck

>>25280341
And $LIO is also on @fingerprint42’s (Moriarty) list of picks for 2021, so that’s a glowing endorsement right there.

Someone also has like a 100K sell block @ $1.43, so I’m expecting some crabbing for the next while, unless there is huge volume (RR?) to the upside.

Just filled my BHS, MTB, and GIS buy orders, this portfolio is starting to look good!

>>25280444
nice trips, unfortunately its not usually a great way to make money on PMs unless you have a steady source of material to work with. Modern computer scrap is a pretty good source but it requires so much effort to process the waste down to a recoverable state that its not worth one persons effort.

>>25280863
What is the full company name of lio?

>>25265412
i really do enjoy laughing at all you pathetic silver stackers. i own a metals recycling company and i’ve been in the mining business for 30 years now. you people are the most pathetic i have seen in a long time. none of you will ever be as successful as me no matter how much worthless silver you have.

Did you buy the CLF dip?

>>25280485
>>25280750

GV is going to make plenty of mistakes throughout this run, just the other day he was kicking himself for not buying Endeavour. Things are just getting exciting with Silver One

>>25281019
Lion One Metals Ltd

>>25281070
CLF got crushed last week

>>25281085

He chases a lot of stuff after it has already gone up. In October he still didn't have Eloro, Klondike, or Vangold in "Big." He has also made the mistake of upgrading Equity Metals from small to big, which has a long history as a scam company--makes no sense to give so much attention to that stock, but ignore DV and SVE, which are core Sprott positions and extremely solid silver stocks. Abraplata in "biggest" is also a mistake, considering the risk of Argentina as a jurisdiction, and the fact that the stock has already run up 6x.--I'm encouraged by the fact that Silver Spruce isn't even on the Silver Sitfolio. Proof to me of how unknown that stock really is.

>>25280444

There is a chemist on youtube that goes through the whole process of dissolving silver scraps in acid, then he crystallizes the silver to make it .999 pure

If you're not a chemist I don't think you'll be able to do it - he has professional grade lab equipment too which will cost alot

>>25265412
Welp, I’m out. This place has become worse than /smg/ with the endless discussion of mining stocks and not an inkling of physical in months.

>>25281398
considering how big QH think Lion One system is, don't you intend to make an exception for that stock and buy it ? I've seen you invested into Genesis, its cheap indeed, but LIO seems like a lottery ticket from bob/qh POV.

>>25281398
why on earth would any of these people give any heed to Equity Metals after what their management has done in the past? Its so strange to me, it almost seems predatory to shine light on them. Even if Equity's find from earlier this year is legit and continues to grow there is no way I would ever even suggest anything good about them. Those who did the dirty shit with New Nadina, their previous name are still there on site. Thats very sketchy to me.

>>25281398
>He chases a lot of stuff after it has already gone up

Thats a safe strategy tho since most exploration projects never end up in a mine

>>25281513
later dude. sorry you dont understand the concept of making $$ on miners and then converting the gains to physical gold. in a bull market you HAVE to be making money on the miners

My libertits are coming today

>>25281398
>Abraplata in "biggest" is also a mistake,

Abraplata has been good to me, don't talk shit

>>25281513
kek are you gonna post your own stack or just bitch that other people don't post their's? How about you FRIGG OFF

>>25265412
So what are you minerfags going to do when the Green New Deal is passed and BASED Biden shuts down or nationalizes the mines? Oh that’s right, you’ll get $0.001 for every share you bought!

>>25281668
>Green New Deal
They're going to need alot of silver for those solar panels and electric vehicles buddy

>>25281668
>So what are you minerfags going to do when the Green New Deal is passed and BASED Biden shuts down or nationalizes the mines? Oh that’s right, you’ll get $0.001 for every share you bought!
You'll never be a woman
And most of these miners are in Canada you cuckold

>>25281085
Silver one has at least 10 million ouncesof silver alone in their heap pads. That mine is profitable based on that alone.

Only thing I'm uneasy about this morning is the Kootenay dump. I have a decent chunk of money in them and I'm feeling really vulnerable.

>>25281554

Yes, I completely agree. I think you also mentioned before your suspicion that the Silver Queen is almost completely empty of silver by this point. I could understand somebody who gambled a small amount of money on Equity, but I fail to see why anybody would make it a large component of their portfolio.

>>25281534

I like LIO, only reason why I don't own it is because I prefer low-cap silver stocks. I made an exception for GIS as a gold stock because it's an ultra-microcap at $11 million and so ridiculously undervalued that I couldn't pass it by, but LIO is 17x more expensive. If LIO had silver as well then I might be interested in it (which is why I own IRV at $130 and BSR at $268), but as far as I know it's only gold.

>>25281603
I know that feeling man. I’m buying another J&M 50oz beauty next week, as well as a 1oz AU maple. Literally can’t stop thinking about them ://

>>25281398
That's another thing I've noticed as well. No way in hell I'd invest in abraplata

>>25281534
Who is qh?

>>25281602

I'm not saying that Abraplata shouldn't be a part of somebody's portfolio, only that making it your biggest position is a bad idea. A person's biggest position should be something like Dolly Varden.

>>25281070
>>25281255

Excellent buying opportunity

Also up since my last post

>>25281602
Silver Sands in Argentina has been among my strongest performers.

>>25281914
I just don't think that stock can go much higher desu. 15 bucks is a lot for a stock.

>>25281807
I dont know if its totally depleted yet, those core samples seem to indicate this isnt the case, whats more likely though is patches of high grade are left surrounded by low grade material which might be a pain in the ass to access. The original insane silver ore grades were basically at or close to surface at Silver Queen, those drill results make me think they hit one of those missed blobs of high grade that the old timers talked about. How big it is though has yet to be seen.

>>25280341
So do you invest only based on technicals and endorsements? I would advise you to do some fundamental research if you haven't already

>>25281807
Which do you prefer: Irving or Eloro? I’m considering increasing my position in Eloro, especially since it’s down today, but Irving has such massive potential.

Looks to me like Impact and Aya are winners
Blue Lagoon's a crab and Lion One is trading lower than it was this January

>>25265412
I just sold all 560 ounces of my silver to buy Bitcoin yesterday. I’m already up $150 on it, while when my silver wasn’t crabbing i was losing money on it. I used to think silver was a good investment, but I finally cut my losses and realized Bitcoin is going to leave all of you poor and in the dust.

>>25282033

Eloro is up 10% today on the TSX, are you trading OTC? I actually find it impossible to say which I prefer. Moriarty endorsed ELO as a top 3 stock choice, but he also said that people should be buying IRV right now in his recent interview. IRV is completely beaten up, still down 50% since January, whereas ELO is up 370% since January--so from that point of view, IRV obviously looks like a much better opportunity. I love the whole story of IRV and restarting gold-mining from scratch in Japan and of Akiko Levinson and the anecdote that Moriarty found her sweeping the floor. But on the other hand, the CEO of ELO really believes in his company also, and is always insider-buying. ELO is more a silver play, IRV more a gold play, but IRV has silver also. I probably prefer IRV, but I don't understand why Moriarty didn't choose it for the top 3--perhaps a fear that coronavirus restrictions will continue to hinder drilling.

>>25281820
>I know that feeling man. I’m buying another J&M 50oz beauty next week, as well as a 1oz AU maple. Literally can’t stop thinking about them ://
Post one of your beauties pls
I promise I won't lust after it

>>25281771
You can’t build a “green” economy without a shitload of silver.
Producers are already working towards electric/low emission retard.

>>25282170

>>25282271
Replied to wrong anon sorry anon

>>25281796
I really like Silver One's upside and we might see Candelaria drilling results before long that could be high grade. Sold off my 2000 shares of Eloro last month to buy 4000 shares of Silver One and kept a little profit

>>25282191
If i recall, he didn't choose it as his top3 for 2021 because he think it won't be as hot as other stock for that year for plenty of reason (esp since they delayed a lot of things in 2020). On the whole, he thinks IRV will be the best.

>>25265412
Is the UUUU shilled on /smg/ the same UUUU shilled here?

Hello, based department?

>>25282524
>Is the UUUU shilled on /smg/ the same UUUU shilled here?

probably. the CLF guy shows up every now and then in here too

>>25282197
You wanted one, I’ll give you two..

I think you can tell why I want more of these.. PAN MAN approved as well!

>>25282191
My concern with Irving is exactly what you just said. That the opportunity cost of holding a mining stock where it could be another couple years before drilling happens could make me miss opportunities elsewhere. But I’ve done a lot of research on Irving, and there does seem to be enormous potential there. I’ve come to think of Bob Moriarty As one of the most Knowledgeable people in this sector. So in that case I don’t feel like I can go wrong with either one, but I’m just as torn between the two as you are.

>>25282801
well if you are only thorn between the two on who to buy first, let me help you : buy irving first. From what I've read, I recall someone saying there is some sample that should be released somewhere around january. I'm torn between irv, dv, elo and lio; sacrifice must be made in my case, not yours.

I'm trying to preserve the value of my various IRA's over the next year(s). Would GLDM and SLV be appropriate vehicles to easily move into these PM's?

>>25282801

Irving does, I believe have one drill going--so there's always that off-chance opportunity that they might find something and the stock will soar. Only a small number of shares are available to retail investors--the vast majority are owned by Eric Sprott, Akiko Levinson, and Quinton Hennigh--so the price could really move fast if something happens. But ELO doesn't have those drilling problems, and has all the Silver Sitfolio and Crescat hype backing it. I think that ELO is much more likely to go up consistently, but IRV could really outperform it in one sudden go it is are lucky. I own more IRV than ELO.

>>25281994

Thank you for your opinion Pan Man.

>>25283120
>SLV

I would invest in miners instead. If you don’t trust juniors, just buy the normiest miners imaginable like PAAS AG or SIL/GDX

>>25282801

Irving does, I believe have one drill going--so there's always that off-chance opportunity that they might find something and the stock will soar. Only a small number of shares are available to retail investors--the vast majority are owned by Eric Sprott, Akiko Levinson, and Quinton Hennigh--so the price could really move fast if something happens. But ELO doesn't have those drilling problems, and has all the Silver Sitfolio and Crescat hype backing it. I think that ELO is much more likely to go up consistently, but IRV could really outperform it in one sudden go if the company is lucky. I own more IRV than ELO, but a lot of shares in both.

>>25281994

Thank you for your opinion Pan Man.

>>25283120

Never buy unallocated ETFs like GLD and SLV--they give you a claim on the banks, not the (alleged) metal, and you will get a payout in worthless fiat when the system collapses. Buy Sprott's PHYS or PSLV, or mining stocks (GDX/GDXJ, SIL/SILJ).

Silver Spruce is mooning, market has woken up.

Someone shill me a mining company to buy.

Here is my stack for enjoyment. Smelted them all myself from scrap, completely pure barring trace amounts of copper. At some point I want to redo them to form larger mega ingots, but I mostly cba.

>>25283453
o my god those are fantastic. How many ounces?

>>25283453
Kootenay Silver

>>25283491

Can't work in Imperial but its 3.4kg in total.

>>25283499
Any reason in particular?

bought some impact on sale today. Feels good. Hopefully it reverses soon

People in the ceo.ca BHS chat are asking themselves if Bob Moriarty still supports BHS. He just said he did in the chat only a few days ago; do they even pay attention to their own chat? Just goes to show that the complainers there do a lot more more talking than listening.

>>25283453
If you like copper check out Oroco, thunderstruck, and C3metals. Three exploratory companies in different stages of maturity, with copper as their main focus. Main reason for the three are good drill results, location, legals, and joint ventures.

>>25283631
They're good.

>>25283582
what kind of scrap were you processing? 1970s computer parts? modern cast offs from board mills? That is a fantastic hoard my man.

this Bitcoin rising presented customers what altcoins can get in this bullrun
and seems like I hit upon moderntop|best|new} gem
>#mettalex
easiest 3300$ just for a week with x3 rising

>>25283242
What do you think of Sprott's ETFs, i.e. SGDM/SGDJ?
Should I buy them instead of GDX/GDXJ, SIL/SILJ?

>>25283582
wow, that's a lot of gold. you realize men would literally kill you for that, right?

>>25283733
>moderntop|best|new}
lmao

>>25283727

Its from an electrochemical process, my business buys gold and sells a manufactured part. I collect scrap parts and waste and periodically smelt it down.

>>25283733
what is wrong with you

>>25283657
I’m starting to think that some posters on that forum are being dishonest and actively saying negative things about their own investments just to accumulate more shares at a lower price. The Canada Silver Cobalt Works forum is a prime example of this, in my opinion.

>muh sold all my stack to buy btc
>muh God told me to kill all you idolters
>muh biden is gonna green new deal and shut down miners your stocks will go to zero
>muh your boomer rocks are worthless
>muh tranny raids and botting up /pmg/
I've never been so bullish lads

>>25283818
Yeah its a concern, its under lock and key but home invasions are always on my mind. Don't really know where else to keep it, putting it in a bank vault seems to defeat the point because if SHTF some greedy bankster shit will probably steal it.

>>25284035
bury it in an ammo box

>>25283910

Yes, people were asking me about CCW a few days ago and I explained that it was one of my largest positions for all kinds of reasons (especially the high silver grades) and told them not to sell, but a lot of people were getting shaken out of the stock by the chat. There was just a news report on CCW a day or two ago, and it is making retail investors flock into the stock on the hope of a cobalt-production grant, which is what made FCC soar. It's what I predicted would take place.

>>25283789

You can if you want to do so; I don't know much about the Sprott funds, but they presumably have the same kind of mid-tier and large-cap producers. Peter Schiff has a gold fund and it only just outperforms the GDXJ; I see that Sprott's fund has a similar performance. The charts look almost the same.

>>25284070
>>25283910

By the way, I only just noticed this. 9 minutes ago. Get ready for a CCW moonshot.

Canada Silver Cobalt Hits New High-Grade Silver Vein - Fifth New High-Grade Intersection at Robinson Zone

https://ceo.ca/@newswire/canada-silver-cobalt-hits-new-high-grade-silver-vein

>>25284035
if I were you and didnt want to play with that amount of gold, I would smelt it down into a blob and hide it in a cinder block in a basement. That kind of gold is safer stashed long term than just in a safe.

>>25283733
Nice, proof of bots on /biz/

>>25284070
>>25284104
>>25283910

Here's where you asked me about CCW a few days ago, and I explained in express terms that people shouldn't sell. I made other posts too but this is only an example.

hoe do i mine gold? where can i buy a pickaxe and should i buy a helmet?

>>25283582
Wow thats really impressive, how long did it take you to get the recycling material to get THAT much gold?

>>25284274
easiest way is with a gold pan, shovel / pick and some reading up on local gold locations. It wont make you rich but if your in a known gold producing zone I can point you to where to dig.

>>25283242
Ok and I'm seeing penny stocks on here, like CCWOF you just mentioned and KXPLF. I haven't tried to trade in a Schwab account yet, do you have any idea if this will cost me commission on a non-US exchange, or liquidity problems will bite me? Is there any shame in betting $100 on each?

If we get some Trumpbux I putting it all towards silver. What do you think about that goys?

>>25284389

There are a few stocks we discuss here which you can actually buy on the NYSE, like Great Panther, Alexco, MUX, AUMN. Most of them you either have to buy OTC, or use something like Schwab or International Brokers for. As far as I know, you can buy small-caps on Schwab without any onerous fees or problems.

Filled in on 750 CCW @ .58, wasn’t catching an ask @.57. Still waiting on SSE to fill, it’s really hard when the bid/ask is a difference of 20% (0.05B vs. 0.06A) lol. 15K shares

>>25284104
LOL wow and I've been trying to get out of them for months. What a drill. Holy shit lol.

>>25284655

I had to work really hard in this thread and some others to convince people not to sell, >>25284263 people are far too influenced by the ceo.ca chat, the posters there can be vultures.

CCW now up 20% and growing.

Whoever’s baking.. can we please use this photo of a bug that was given gold shards by Henry Duprat to build a cocoon?

It’s a thing of beauty.. I can see it now *PMG Gold Bug Edition”!

>>25284035
https://www.amazon.com/gp/product/B00AU67M5K/ref=ox_sc_act_title_5?smid=ATVPDKIKX0DER&psc=1
burry it put a slab of rock over it and a crushed can on top of that so you can find it with a metal detector if you loose track of it god forbid

https://twitter.com/zerohedge/status/1343971469689294850
based, we need more cheapies, don't let PM moon yet !

>>25284635
I guess that's in CAD?

>>25284655
>>25284104

"Visually, mineralization in the new vein rivals the discovery intersection of hole CA-11-08 (40,944 g/t silver (1,194 oz/ton) over a core length of 0.45 meters."

1,194 ounces per ton is absolutely mad. People are happy if their silver is only 1 or 2 ounces per ton.

>>25285051
Yea, I only buy miners on the TSX venture, that way my broker can’t fuck me over on exchange rates like they always do.

I’m thinking of getting even more CCW, although I’ve already got about $600 CAD tied up in them. Still doing DD on IPT, Pacifico, Puregold and NHK.

Also looking at uranium plays but it looks like a crowded trade atm.

It seems Canada will be the first to go through hyperinflation or default, as shown in pic related.

If that's the case, shouldn't we avoid canadian miners?

>>25284315
Its been building up for decades but most of it has come in the last 5 or so, I do a lot of business in gold as a material now. Far more than I used to.

Gold has really useful properties in imaging science. Its conductive so electrons don't build up causing blind spots or imaging artifacts, and it also stops localised heating of the material in vacuum which can fuck up samples. If it does heat up its thermal coefficient means it doesn't flex as much as other metals. And its biologically inert which is important for imaging things like proteins and cells. Copper is conductive but is toxic and can incorporate into biological samples where you don't want it to.

>>25285298
will my Canadian miners pay me in gold dividends when CAD goes to zero?

>>25265412
Anyone else doing no nut 2021? I rubbed out my last one today

>>25285379
Helca Mining used to pay a Silver dividend.

As this year draws to a close I seek council with you /pmg/. I plan to round out my silver stack to at least 300oz. Should I start stacking gold or should I keep stacking silver in 2021?

>>25285790
Get one ounce or something smaller if you want gold, but you should stack silver first since the rise % will be far greater. You need both though.

>>25285227
All the whining about their chief executive officer seems trivial with grades like that.

Aluminium used to be precious, are aluminium coins from 150 years ago considered gud bullion?

>>25285227
>>25284723

how long does it take the market to price something like this in? CCW up 12% today... not really a buying opp

>>25285298
Should I cash out my miners now and go full physical?

>>25286015

It's up 20% on the main stock exchange, you might be looking at a fake OTC number.

"there is no new info it is just saying that the assays look the same grade as these old ones"

"New vein is the new info, yes no assays but those pics are looking awesome!"

" I agree and if the numbers are the same and 60 m intersects, stock's $2"

"this would ,if grades are the same as he says, increases proven by 10 times which is 3 billion in proven. but show me the numbers!!!!"

"WOW, just read the release. 2021 is going to be much different than 20."

>>25285864
If I make good enough money what about buying gold on credit 1oz at a time and paying them off over time? I should be good for the money I just never have the spare cash to outright buy 1oz of gold at any given time.

>>25284723
Your work was appreciated. Thank you. This past few weeks have changed my perception of ceo. Ca

>>25286204
>what about selling my soul to the devil ?
I'll let you guess this one.

I'm approaching 100 ounces Ag. I suppose I should look into getting a Sigma machine

>>25286204
I'm doing something similar, I'm in the middle of an equity refinance of my house, I'm taking $50,000 of equity out of my house and refinancing it to 2.6%, I plan on investing it all in gold and silver etfs, should easily beat the 2.6% I am paying on the loan but I wouldn't recommend it with something like credit cards.

>>25284767
ha thats brilliant, using catis fly larvae to make beads.

>>25285298
>all my potential investemnt options are canadian mines
should I even bother starting?

Alright so give it to me straight. It Kootenay a dud at this point? I'm really not trying to dump anything especially since 2021 is going to be a major bull in all companies but I'm not liking holding these bags.

And while we're at it... Here are some that are concerning

Dolly varden: hasn't gone up in a meaningful way in several months. Rumors of them having to downgrade their proven along with quality.

Kinross: wtf. Major normie buy in a few weeks ago. Massively undervalued p/e yet the stock hasn't budged.

Pure gold : saying that they are over valued by about 2x whn they just became a producing mine....

Viscount mining: wtf. Good properties good drills...

This is the most frustrating market to be in. I just tell myself I'm learning this game in hard mode and when I switch over to easier normie markets I'll have considerable XP.

>>25286095
>" I agree and if the numbers are the same and 60 m intersects, stock's $2"
>"this would ,if grades are the same as he says, increases proven by 10 times which is 3 billion in proven. but show me the numbers!!!!"
>"WOW, just read the release. 2021 is going to be much different than 20."

from the release: "The 18,000 metres drilled in the current 50,000-metre program, represents only 36 percent of this phase of drilling."

So they're only 1/3 of the way done drilling and hit some really good results? And if the rest of the drilling is equally high-grade, the stock will jump to 2$? Am i understanding this correctly? Because what are the chances the rest of the drilling gives such great results?

>>25286338
>6%, I plan on investing it all in gold and silver etfs, should easily beat the 2.6% I am paying on the loan but I wouldn't recommend it with something like credit cards.
Lmao I’m going to laugh at you when the bank takes your house because you bet it on fucking rocks which will never go up in price.

Have 10k to throw into something.

Thinking 5k gold. 2k in silver and the rest in btc/eth. Thoughts?

yikes

>>25286553

They are saying that the new vein looks ultra high grade, similar to what they found before, and released pictures to prove it, now they only need to release the numbers and prove it definitively.

>>25286674
uhm, sweetie, gold prices have gone up 24% this year alone, pretty sure that number is larger than 2.6%, but I know big numbers are hard for you so it's ok.

What are some copper stock worth looking into? So far I've been investing in silver and uranium and been seeing pretty good results.

Dolly Varden down 6% is a screaming buy IMHO.

>>25283453
god damn i fucking love shiny rocks

>>25286776
with all due respect to based silver miner anon I didn't like the interviews I watched with Blue Lagoon's cannabis poo-CEO, so I passed, but I do like Nicola

>>25286784
>They are saying that the new vein looks ultra high grade, similar to what they found before, and released pictures to prove it, now they only need to release the numbers and prove it definitively.

so when do the goddamn numbers get released?

>>25286854
Lol whatever you say retard, I’ll be there to buy your house at the tax sale with my crypto gains while you’re left homeless with piles of worthless rocks

>>25286943

>>25265412
Imagine getting excited about corporations drilling into our beautiful planet just so more of you can have some shiny hunk of metal that has little use outside of industrial applications. "But the price of gold, it's physical asset". Retards. All of you. A hundred years from now your children will be wishing you investing in literally anything else other than some shiny coins you can find anywhere else in the universe. If you do buy this ancient-tier garbage, plan to sell in the next 40 years because the very moment someone lands on an asteroid, gold will go down hard. At that moment it will become a renewable resource with one less use here on earth and yall will be dumbfounded with how utterly myopic and manipulated you have been about some elemental metal. Use your head a little bit more when making financial decisions. Hell throwing it all all in a charity or something will pay more dividends to your offspring than buying up an asset whose supply will only keep increasing with time and tech.

>>25286689
2oz gold, 70oz silver, the rest in BTC

>>25287206
I'll bite. Explain to me in detail how asteroid mining is going to be viable in the near future. Walk me through it, because it sounds like complete fantasy.

>>25277797
>only 4 nines
ngmi

>>25278269
LOL at "Copper and gold"... not a peep about silver.Once the kikes get BTFO, WAGMI massively.

>>25285298
Januarys gonna be a shitshow up here. Gonna buy a bit more silver today

>>25287206
One of the reasons I like discussing explorers looking around old mines for more ore is so these modern companies clean up the waste of the last 100 years ago. Part of the deal with modern mining is what ever ground you get, you have to take responsibility for the existing messes. By exploring and building a modern mine on an old one, the horrible toxic legacy from the last century gets cleaned up. I think thats a fair bargain wouldn't you?

>>25285298
why does anyone listen to Deso? I have read his supposed predictions and none of them have been right so far, his most famous prediciton about the Comex default is based purely on speculation about "shadow contracts" that he made up because of a numbers mismatch in some reports. Now he's claiming things like Bitcoin is gonna crash, Canada is going into hyperinflation, etc, sounds like another doom poster that will just keep pushing back his "predictions" in perpetuity,

>>25287504
>>25286854
>>25286338
Your posts suck and you're an idiot

>>25265412
The cryptocucks are targeting us again, this seems very bullish
>>25287094

>>25284767
Ok if we don’t bake for the aforementioned “Gold Bug Edition”, I have another submission, “Old Gold Edition”!

Worlds oldest gold found recently in Bulgaria

>>25287693
>the argument of a 5 year old

pretty sure you need to be 18 to post on this website kid

>>25287700
is that another angle from the pic that the "Schiffs golden penis cap" image comes from?

>>25284457
Welp Schwab filled them easily for $0 commission. Threw a couple Jacksons at CCW and BHS to get started. This kind of thing would have been unimaginable just a few years ago.

>>25285490
Good luck anon, God bless you. Best investment you'll make all year.

>>25287805
Yes it is.

>>25287751
Varna Necropolis, beautiful jewelry

>>25287003

Dont forget about Butthorse!

>when you too are now holding bags after being up +32% yesterday overall

lol wtf glad i only put 500$ into this