[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 905 KB, 1366x768, 1609317348355.png [View same] [iqdb] [saucenao] [google]
25325979 No.25325979 [Reply] [Original]

We wuz za 1% and shiiz edition

>Why Gold?
https://www.youtube.com/watch?v=i3S4rl6ehiI
https://www.youtube.com/watch?v=gksenA5Al_A
https://www.youtube.com/watch?v=FI7NnOg2rxo

>Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/
https://www.goldeneaglecoin.com/

>Constitutional/"junk" silver info
https://jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
http://coinflation.com
http://coinapps.com/

>Compare
https://findbullionprices.com/ (US)
https://eu.compare.pm (EU)

>News
https://kitco.com/
http://silverseek.com/
https://mining.com/

>Bullion tax info by state:
https://apmex.com/state-sales-tax-information

>Prospecting
https://www.youtube.com/watch?v=ZCL6FKQZyoM
https://usgs.gov/energy-and-minerals/mineral-resources-program/science
https://gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Test
Nitric Acid
https://www.youtube.com/watch?v=3mg9YcAShTo
Magnets
https://www.youtube.com/watch?v=NgSXg-WOEVY
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

EU/ENGLAND sources
https://www.chards.co.uk/ [Much cheaper than BullionByPost]
https://goldprice.eu5.net/ [Website to compare gold prices for UK]

Russian/European coins
https://oldsilver.ru/

Relevant information regarding mining companies
https://pastebin.pl/view/fddd4572

Previous thread: >>25305514
Image from: >>25308574

>> No.25326042

IDOLATRY GENERAL

>> No.25326055
File: 143 KB, 220x167, E1C4A4FD-0A14-432E-979E-5C597334DBD8.gif [View same] [iqdb] [saucenao] [google]
25326055

>>25325979
Graven images!

>> No.25326073
File: 411 KB, 640x924, 90596E50-8336-4A2C-A015-946E2EB68B0D.png [View same] [iqdb] [saucenao] [google]
25326073

>> No.25326122

>>25326042
>>25326055
these posts make me want to find an actual heretical coin, is there such a thing?

>> No.25326177
File: 322 KB, 1080x2400, Screenshot_20201230-154404_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
25326177

Its still not to late to buy CLF

>> No.25326265
File: 2.08 MB, 1280x1245, D70F406B-075D-4C35-9121-FE6A463525F9.png [View same] [iqdb] [saucenao] [google]
25326265

>>25326122
Render unto Mercvry!

>> No.25326293

Bros when do we break through $27/$1900?
Seems like it keeps trying to moon at Asia open and then gets slammed back down by the Eurotrash.

>> No.25326354
File: 59 KB, 1280x720, Jew.jpg [View same] [iqdb] [saucenao] [google]
25326354

>>25326042
>>25326055

>> No.25326393
File: 783 KB, 2080x2128, A305F44E-35CA-4A11-8AD3-ECD0B1D42664.jpg [View same] [iqdb] [saucenao] [google]
25326393

>>25326122
Here's a Greek Silver 20 Drachmai with the Greek Moon Goddess Selene. It's not exactly heretical, but it's the only Silver coin with a pagan god on it that I have.

>> No.25326454

>>25326293
Do not worry. Thank JP morgan for more cheapies.
>>25326042
>>25326055
More bingo eh?
>>25326073
>>25326354
Kek
>>25326177
Really...I talked about this >>25323562
>>25308574
>>25308603
>>25310524
I need to bake this into the general somehow.
>>25326265
>>25326122
read >>25326393, and there is deity coins also online if you want. You just need to use the right keywords if you want it.

>> No.25326492
File: 1.30 MB, 4497x1045, libertits.jpg [View same] [iqdb] [saucenao] [google]
25326492

>>25326122
>these posts make me want to find an actual heretical coin, is there such a thing?
Do libertits count?

>> No.25326509

>>25326293

It's never going up, you pathetic stackers. I own a metals recycling company and you will never be half the man I am.

>> No.25326513
File: 1.75 MB, 1988x2500, 1606409546223.jpg [View same] [iqdb] [saucenao] [google]
25326513

>>25325979
she can hold my weiner edition

>> No.25326543

>>25326509
BOB!
Check that off the bingo card.

>> No.25326570
File: 286 KB, 1028x499, ascot.png [View same] [iqdb] [saucenao] [google]
25326570

Ascot a juggernaut the last few weeks

>> No.25326639

>boomer rocks thread

Lmao you do know all your rocks are gonna be worthless thanks to elons asteroid me need right? Should have bought bitcoins instead you old boomers.

>> No.25326651

>>25326073
I've got ties to organised crime!
I'm laundering money!
I'm evading taxes!
I'm working with drug dealers!

>> No.25326659

>>25326570
Dang. No wonder why the hand rubbers wants us to split the miners and stackers. The ascot triangle looks like their holy land on the map, and they want to buy it all up.

>> No.25326822

>>25326639
'Pill me onna 'stroid minin
Could use a laugh

>> No.25326875

>>25326639
Half his rockets explode on the launch pad on Earth, how is this guy going to mine metals in space and bring them back?

>> No.25326894

>>25326639
Would love to see Elon's ready built space mining machinery than? Also any space rocks that have a higher grade than Eskay creek would be nice as well.

>> No.25326912

>>25326659

All your mining stocks will go bankrupt before the end of this year. You pathetic stackers have nothing.

>> No.25326922
File: 403 KB, 579x585, why_nations_fail.png [View same] [iqdb] [saucenao] [google]
25326922

Anyone buying gold right now? Price is currently high, but on the other hand inflation must hit after all those dollars being printed right?

>> No.25326936

>>25326894
Thanks for holding the fort Panman.

>> No.25326968

Anyone like gold francs? They’re pretty comfy for stacking

>> No.25327015

>>25326922
Thinking about it, inflation follows currency creation by 18 months. 2021’s inflation won’t be pretty.

>> No.25327029
File: 757 KB, 768x869, Screenshot_20201227_3_Money_Printer_Go_Brrr_the_original_YouTube.png [View same] [iqdb] [saucenao] [google]
25327029

Just got my stimmy check, dumped it all into junk silver at the LCS

What are you planning to do with your gibs, burger /pmg/'ers?

>> No.25327114

>>25327015
I already purchased 200oz silver today and have enough capital to buy 6oz gold to add to my stash. My country has planned budget for next year at max cap allowed by constitution due to COVID. If shit won't hit the fan next year then I give up on trying to understand our financial system.

>> No.25327205

>>25326936
no problem!

>> No.25327238

>>25326922
I might. I've been milking some phone apps for money and bought silver with it.

>> No.25327300
File: 1.25 MB, 1476x1038, Screen Shot 2020-12-30 at 4.15.57 PM.png [View same] [iqdb] [saucenao] [google]
25327300

Greatest meme vid in PMs?

https://www.youtube.com/watch?v=ByuKuE67NJY&ab_channel=SchiffGold-PeterSchiff%27sGoldCompany

>> No.25327319
File: 740 KB, 2048x1365, Free mill gold at Table Mountain project Cassiar Gold Corp.jpg [View same] [iqdb] [saucenao] [google]
25327319

Has anyone been watching a company called Cassiar Gold Corp? They hold some very interesting ground near the village of Jade City in Northern BC. They have had some interesting drill results on their Taurus and Table mountain projects too.

https://cassiargold.com/project/cassiar-gold-project#overview
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2861-tsx-venture/gldc/88635-cassiar-gold-corp-intercepts-1-78-g-t-au-over-32-79-m-and-3-71-g-t-au-over-11-35-m-at-taurus-bulk-tonnage-gold-deposit-in-british-columbia.html

>> No.25327376

>>25327114
Imagine having a spending cap, Canada and USA did away with such primitive ideas earlier this year.

>> No.25327477

>>25327376
My country's currency is not used worldwide for oil and gold trade, sorry mate. Not everyone can let printers run 24/7 without consequences.

>> No.25327649

We just went up another almost 2% in silver and 1% in gold and this has been going on for days. It's like this is just how things are now, so even /pmg/ doesn't notice or give a shit slash get excited anymore.

>> No.25327701

>>25327649
I would say we are more jaded than anything, I have been watching pms crab sideways since August.

>> No.25327708

So I must admit. I'm at the point now where Im keeping track of so many mining companies I can't keep track anymore. I don't remember who is who, or who has what.

So, when silver sitfolio downgraded Kootenay silver and the stock dumped I freaked out. I was about to panic sell and I felt sick for the whole day. Anyway, I went back over their fundamentals and they really are a solid company. It looks like the reason GV dumped them was because they aren't likely going to become a mine this year, however they are on track to do it in 2022 or beyond. Overall it's still a solid company and I feel comfortable holding those shares. I wish they were on track to become a mine faster but oh well. My portfolio is a mixed bag. Here's some highlights of my DD. I'm sharing these because I'm sick of this fucking clownworld where you can look at something and know it's good, yet the world piles against you and tells you it's not. Us stacker are quite used to this, we know on a fundamentally level our economy is fucked and yet Lal of these analyst clowns and media clowns come out and tell us we are wrong.

Anwyays KOOTENAY Silver...

140 MILLION ounces MEASURED AND INDICATED.

Four properties in exploration and development with two other smaller side projects.

MASSIVE Massive deposits.

Sprott investment.

Beautiful Financials. Have 6 million dollars cash on hand.

Great drilling results on every hole. I use (can't remember his name but Darden?) analysis for drill results. Take g/PT and multiple by width. A score of 3000 = a great hole. Never invest in anything less than a 2000. Example, 200 gpt * 10m = 2000. A good hole. Kootenay has this on every drill.

>> No.25327736
File: 1.28 MB, 1550x6000, ikn.png [View same] [iqdb] [saucenao] [google]
25327736

What the hell is wrong with this person? Does he have no shame?

>> No.25327911
File: 277 KB, 1024x768, 1529002074981.png [View same] [iqdb] [saucenao] [google]
25327911

>>25327708
Don't drink GV koolaid without checking. He was wrong about vangold, wrong about klondike, wrong about eloro, probably wrong about dolly varden, wrong about equity metals. He is after all a human being, so yes, do your dd and trust your decisions. We all do mistake anyway. I know I'm wrong by having 30% of my PF in Irving but heh, have to take risks.

>> No.25327989

To the anon asking about OTSO in the last thread:

Alright so I started by doing some digging around old news from our national news agency. Looks like the Otso Gold Mine in Raahe was in production for a while since 2011 and closed down shortly after operations began. Gold price was unfavorable at the time, crashed hard in 2013. In 2013 the company filed for debt restructuring. According to the company, the reason for this was because operating the mine had been unprofitable from the start. They stopped operating in 2014. In 2015, they would've needed about $12M to restart operations -- $7M for working capital, $3M for investing activities and $2M to stay solvent. Tough luck.
The company also had shortcomings in the environmental side. Much news about environmental concerns, there was an extensive investigation by Finnish authorities that ultimately resulted in no charges. Process water and tailings had leaked into the nature, causing short term damage. That's a major concern but they might've learned from their mistakes.

As a previously operating mine, they have everything needed onsite already. They have near-term historical proof that the mine can operate along expectations. For example they produced about 11koz Au in Q2 2013, although according to the company that wasn't enough as they were underperforming due to low gold grades. If they can target higher grades like you said then there shouldn't be any problems when it comes to onsite operations. Heck they may even get some of their old workers who know how to work there already.

I couldn't find their 2019 updated NI 43-101 MRE so I couldn't check the numbers and mine-related concerns like tailings sites etc. but going according to the presentation, they should have ~1.6Moz Au total, and NPV5 of $201M. Doing some valuation calculations, the company should be valued at only 0.058x the value of the operation. However, they're buried under a metric ton of debt (>$30M!) and they have some history as you can see.

>> No.25328018

>>25325979
Guys I’m starting to think Keynes might have been right, printers have been 24/7 since 1971 but there’s still no end in sight

>> No.25328043

>>25327649
It's too manipulated for anyone to care. Eventually, JPM won't be able to control the market forces and just like back in August it'll shoot up like a geyser. I wouldn't be surprised if Silver and Gold shoot up and get pushed back down several times, but are pushed down to a higher price each time as JPM's ability to hold back the market forces wanes.

>> No.25328081

>>25327989
Thanks based Finnbro!

>> No.25328140

>>25327989
>>25328081
This project is interesting. I won't go into more detail here but I'll have to get to the bottom of this by myself. There are major concerns regarding the company just based on their history and current financial situation but the mine is a big asset for such a small company. Gotta take a look at the management, their recent history, future plans, have to find those updated reports, etc. There is potential here but the lack of history on their current site after the name change, as well as the lack of overall transparency are what concern me. I'll probably have a deeper dive this weekend and see whether this is worth the risk.

>> No.25328151
File: 205 KB, 828x1622, 7E96FCAA-76AF-4F69-B87C-C6B21CE84AB2.jpg [View same] [iqdb] [saucenao] [google]
25328151

>>25328018
The rate of printing has been increasing ever since 71. Parabolic curves like this simply cannot go up forever.

>> No.25328187

>>25328018
People are taking 25 years loan to buy a small house. Def not wrong, we can indeed continue. Next is 45 years, nothing wrong bro, people will still taking debt.

>> No.25328209

>>25328018
It is the deflation they need to stave off. Money printing is not classical money printing since they are not giving it to the people. It is signaling to portfolio managers to buy DXY. Jeff snider in the Eurodollar university is very good at explaining it to the common man. If you do not look at the repo market, everything does not make sense.
>>25328151
Very true.

>> No.25328242

>>25328187
generational loans exist in Europe, we will see them in the US

>> No.25328292

>>25328242
>generational loans
I want off this ride

>> No.25328362

>>25328292
Everyone is on Mr.keynsian's wild ride. There is no stopping on Mr.Bone's amusement park.

>> No.25328379

mfw only 6 million people can own 1k oz of silver this feels even better than the 21 million btc club

>> No.25328382

>>25328151
Note the increasing slope, where does it go from here? It must go even more vertical next year and even more vertical the year after that.
It may be time to say screw buying more metals and just buy some preserved food..

>> No.25328433

>>25328379
Damn, everyone is so poor on this planet.

>> No.25328451

>>25328379
1000oz of silver costs roughly 1 Bitcoin too, interesting perspective.

>> No.25328463

>>25328081
>>25327989
I'll add that it seems like they're going to be open-pit mining a deposit that consists of many small high-grade veins as opposed to just ground with large areas of lower grade gold -- their newest drilling program update didn't show any intercepts longer than 2m. This is why I would like to find those technical reports. The mine might not work out like the last time it was in operation.

>> No.25328512
File: 89 KB, 310x216, 1439872272360.png [View same] [iqdb] [saucenao] [google]
25328512

>>25328242
You sure about that ? I know in Europe you can take a 50 years debt to buy a home but never heard of generational one.

>> No.25328535

/bsg/ - bleeding sats general

>> No.25328536

Thoughts on bimetallic coins? Anyone have any?

>> No.25328559

>>25328433
i know right?
>>25328451
it costs more i can't get an OZ of silver for under 35 CHF thats aprox 38$ meanwhile BTC is only like 25k

>> No.25328574

How does buying bullion with undeclared minecraft coins work? How do Biden and IRS not find out?

>> No.25328605

>>25328535

These pathetic stackers will never be successful.

>> No.25328635

>>25328536
I don’t like the look.

>> No.25328657
File: 64 KB, 1080x784, 1608727979387.jpg [View same] [iqdb] [saucenao] [google]
25328657

>>25327649
https://www.zerohedge.com/markets/mcconnell-dooms-2000-stimulus-check-after-refusing-split-trumps-three-demands
We will crab a bit longer, based cheapies miner !

>> No.25328673

>>25328379

I'm already a multi-millionaire. You are nothing compared to me.

>> No.25328698

>>25325979
>>25328379
This is interesting but a little disingenuous IMO, since people in the most populous developing countries have never had easy access to PMs and that that's unlikely to change especially in a global economic collapse. PMs simply won't be accessible to much of earth's population.
So the total shouldn't be all 7.8 billion people on earth, it should just be the current % of world pop that can feasibly acquire PMs right now. So like 1st and 2nd world countries only. So rather than how much silver to be in the top x% of all earth's population, it should be how much silver to be in the top x% of those who have access to and CAN get PMs... Not sure if that makes sense

>> No.25328759
File: 992 KB, 2160x2880, 1468777095100.jpg [View same] [iqdb] [saucenao] [google]
25328759

>>25328382
Its time to secure your compound before its to late

>> No.25328792
File: 781 KB, 1758x1799, C45B2A30-859C-42DB-AFA6-FAC205064178.jpg [View same] [iqdb] [saucenao] [google]
25328792

>>25328536
I have a few bimetallic casino tokens.
I sort of like bimetallic Silver coins (actual coins like Mexico used to make) because there is absolutely no way anyone will shave off the edges, but it seems to be difficult to make a design that works well with the two different metals.

>> No.25328879
File: 86 KB, 287x132, 1609051270392.gif [View same] [iqdb] [saucenao] [google]
25328879

i really do enjoy laughing at all you pathetic silver worshippers. i run a death cult and i’ve been in the idolatry 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 unholy silver you idolize.

>> No.25329015

>>25328379
>only 6 million people can own 1k oz of silver
That means only 6 billion people can own one ounce of Silver, meaning there is a little less than an ounce per person, a similar ratio to ancient Greece and Rome, but much less evenly distributed.

>> No.25329021

>>25328879

That's funny but nothing will change the fact that I'm a millionaire, but you pathetic stackers will go bankrupt with your penny mining stocks.

>> No.25329054

>>25329015

Silver is a waste metal product, you pathetic stackers.

>> No.25329055

Anyone from the US order from oldsilver.ru? How are the shipping times since the Chinese flu?

>> No.25329066
File: 1.56 MB, 1396x750, Screen Shot 2020-11-19 at 4.50.20 PM.png [View same] [iqdb] [saucenao] [google]
25329066

>>25327649

When LeBron James wins the NBA Championship does he act surprised? No motherfucker, he EXPECTS to win that shit. He practices every day for the sole purpose of winning that shit.

We're just going to keep winning from here.

>> No.25329069

>>25329021
Based Bob, never change

>> No.25329145

>>25329066
Based Gregposter

>> No.25329167

>>25327989
...Yeah the more I look at this the less I want to have any part of it. I guess I might look into it on the weekend but I'm getting demoralized just reading the financial statement. Awful.

>> No.25329251
File: 189 KB, 1000x1500, 1507191530069.jpg [View same] [iqdb] [saucenao] [google]
25329251

>>25329066
absolutely based, we will all make it and retire before 35. I'll buy a house in japan and surrounded by maids.

>> No.25329374

>>25329066
Lions out there
Rip the face off
Since time immemorial
Pay it forward
Yellow stain
Most undervalued asset on the planet
You already know

>> No.25329461

>>25326639
Omega could hardly get a watch to function properly in zero-gravity during the Apollo 11 mission (sapphire movement fucked up), what makes you think we can muster up the ability to set up full-scale mining operations on asteroids moving on average 65,000km an hour?

The fact that you even hinge on ecuck musk’s word is a huge disqualifier.. the man promised a Roadster almost 4 years ago, still nothing. He claims he Neurolink is “on the verge” of merging with human consciousness, meanwhile that is so far off from being true.

He’s literally paid (as per Tesla’s own white sheet) to be a propagandist of sorts and drive up the share price.

Know what you are saying before chatting shit anon

>> No.25329504
File: 5 KB, 250x161, asteroid mining.jpg [View same] [iqdb] [saucenao] [google]
25329504

>>25326639
What if aliens have their own supply of Bitcoin? We know the universe is infinite, and so there must be intelligent alien life out there who must have their own cryptocurrencies, and are mining their own supply of crypto; that which is far more advanced - more private, better speculations, better uses, better stores of value. Is "Asteroid mining" code for aliens mining crypto? Once we encounter aliens in the next few years, they will dump on us with alien crypto. Their supply of crypto is literally infinite. And this won't be Bitcoin 2.0, this will be Bitcoin 10.0 they dump us with. All our crypto would go to $0. Especially as Elon Musk takes us beyond the solar system in 2030.

>> No.25329551

>>25329504
> Breaking News!
> spacex rockets come back from asteroid mining mission with millions of bitcoins on board

>> No.25329575

>>25329167
>>25328463
>>25328140
>>25327989
Thank you Finnbro

It looks really promising but you are trusting a bunch of VC guys who are fighting over control of a gold mine not to fuck you. It's definitely high risk. I'm subscribed to their newsletter and watching it for a sign that it's going to actually get up and running

>> No.25329579
File: 3.70 MB, 480x360, 1602509605633.gif [View same] [iqdb] [saucenao] [google]
25329579

>>25329551
>meanwhile, on /biz/:

>> No.25329666

>>25329575
It's really risky imho. I btfo'd Nicola's financials a couple threads back but Nicola has got nothing on the absolute train wreck of a financial position that Otso has. What's concerning too is the constant dilution and the management seems bad, there are family members on the board. The more I read the more I want to forget about the whole thing

>> No.25329775
File: 26 KB, 598x574, 1608654150365.jpg [View same] [iqdb] [saucenao] [google]
25329775

>>25329251
BUTT!

>> No.25329953

Gold mining seems like a fun business, how do you get into it?

>> No.25330047

>>25329953
start digging holes. it helps if you're already a big time millionaire in the metal recycling business and have your own helicopters

>> No.25330054

>>25329953
Own a metals recycling company

>> No.25330099

>>25329953
depends on what part of the job you want to do? Machine operator? Geologist, geo tech, field assistant? Mill wright? Lab tech? There are hundreds of positions in the mining sector.

>> No.25330373
File: 1.16 MB, 220x166, 1587128015259.gif [View same] [iqdb] [saucenao] [google]
25330373

>>25330047
>>25330054
i love this general

>> No.25330450

Any Australia anons? What’s the economy like over there? Is it considered friendly to miners? Any risk of nationalization of miners?

>> No.25330473

>>25330450
Australia is a top jurisdiction. One of the best places for mining companies to operate. Not sure about the economy though

>> No.25330629

>>25327708
GV is planning to sell everything in April and rebuy back in Q4 2021
Kootenay Silver will likely be top of the list then because it will be near production. He is buy and HODL but he has the one rebalance middle of next year.

>> No.25330779

>>25330629
>GV is planning to sell everything in April and rebuy back in Q4 2021

I thought he was not selling but instead putting up hedges to basically make sure he breaks even for the 2nd half of 2021?

>> No.25330907

>>25330779
Sell everything might be a bit extreme. Definite profit taking and then buying micro/nanocaps with hedges. I take "moving away from the screen for 6-9 months" to mean a lot of profit takinghttps://www.goldventures.org/blog/exit-strategy

>> No.25330993

>>25330907
>>25330779

Pathetic penny stock speculators, you'll all go bankrupt.

>> No.25331049
File: 707 KB, 2215x1097, asunafarmoriginal.jpg [View same] [iqdb] [saucenao] [google]
25331049

Who else super comfy holding VGLD right now?

>> No.25331070

>>25330993
You’re not the real Big Bob

>> No.25331083

>>25331049
reporting in

>> No.25331121

>>25331049
I sure wish I held some!

>> No.25331156
File: 508 KB, 820x1160, coingirlllenn.jpg [View same] [iqdb] [saucenao] [google]
25331156

>>25331083
Tonight we ride!

Next week or two should be interesting.

>> No.25331169

>>25331049
reporting. I bought at a local high a few months back, after it kept dipping I said fuck it and bought some more.

>> No.25331181
File: 2.75 MB, 3264x2448, 20201230_170705.jpg [View same] [iqdb] [saucenao] [google]
25331181

Ameribros, have you spent your Coof Cash on PMs yet? Withdrew mine when it hit my account this morning, and was at my LCS before Uncle Sam could change his mind.

>> No.25331338

>>25331181
i got my 10$ FV kennedys in today. still no coof stim though.

>> No.25331403
File: 87 KB, 600x600, 2.5-gold-peso.jpg [View same] [iqdb] [saucenao] [google]
25331403

>>25331181
Still waiting on my gibs. I bought some gold mexican pesos this morning though.

>> No.25331511

>>25331403
What are the premiums like on the 10, 5, and 2.5 pesos?

>> No.25331712
File: 19 KB, 818x382, chrome_2020-12-31_01-25-59.png [View same] [iqdb] [saucenao] [google]
25331712

Whoa, Gato is blowing up today. I'm not invested there and know very little about the company but congrats to the couple of anons who own shares!

>> No.25331788
File: 22 KB, 613x334, chrome_2020-12-31_01-27-41.png [View same] [iqdb] [saucenao] [google]
25331788

>>25331712
sucks to be this guy lmao

>> No.25331823

>>25331511
Not too bad desu. Got a 2.5 peso coin for $130 and there is .0603oz gold in it. It has historical value too. Or maybe that's me coping.

>> No.25331834

>>25331338
Nice work on the Kennedys. Most people I work with haven't received theirs yet either, so I'm sure it'll probably hit for most tomorrow if you did direct deposit on the last one.

>> No.25331883

>>25331823
Not bad at all. It's nice having history in your collection. I sprung for a $5 Indian Head on Black Friday for the same reason. Hopefully the gibs hit your account soon anon.

>> No.25332276

>>25325979
Can someone redpill me on colloidal silver and silver’s other antibacterial properties?

>> No.25332485

>>25332276
Well, silver has antibacterial properties as you know and I don't need to tell you what happens when bacteria comes into contact with silver...

Suffice it to say, if silver particles are added to a piece of clothing, bacteria has trouble surviving multiplying there, due to the silver you see.

>> No.25332666

Silver miner anon and PAN MAN, I would appreciate your thoughts on Tri Origin Exploration (TOE). 6m market cap gold explorer with four properties in Canada. Management seems "shareholder focused" according to multiple posters in CEO.CA chat. Seems their properties are massive (I calculated over 500 sq km total). I don't have a definitive idea of their deposits in the ground yet, but want to go ahead and share the company with PMG so people smarter than myself can perhaps ascertain that information.

"TOE is not a grassroots play. This is not 100% uncertainty and pure hope. For a stock with 1) a historic resource, 2) very good historic grades rivaling early results from companies like GBR and AMX who have exploded, 3) being on trend with Casa Berardi, 4) having management that is smart and is not willing to kill the company to stroke his own ego and 5) having mineralization throughout the properties, an $8.5 (now 6) million cap is pretty darn de-risked in my opinion."

>> No.25332787

>>25329251
no one will let you buy a house with silver or gold lol

>> No.25332793

>>25332276
Silver is literally used in clothing now. High end stuff like lululemon and expensive socks. It kills odors.

Also all those little Brita-esque water filter cartridges that everyone using now? Those contain silver. And that’s a market that is going to be huge as it hits smaller markets with less access to good water.

The elephant in the room is solar panels and EVs. The average EV uses 3-4x the amount of silver that an ICE car does.

>> No.25332890

>>25332485
>>25332793
What about the health benefits of colloidal silver specifically? All I know is that if you take too much your skin will turn blue

>> No.25332917

>>25332666
Do they have a website?

I checked their latest SEDAR and all I see is them selling shares at 2/3 the market price.

>> No.25333036

>>25332890
You should never disinfect your insides. There are tons of bacteria that live in harmony with your body and getting rid of them means getting rid of their benefits, including nutrients they create as a byproduct of metabolizing some of the food you eat and out competing dangerous bacteria for survival.

>> No.25333051

>>25332666
I guess I can look into them this weekend. They're in my backlog already anyways

>> No.25333071

>>25332917
triorigin.com. Thanks for your input about the insider selling. Red flag.

>> No.25333084

>>25332890
Only if you don't use distilled water.

>> No.25333145

>>25332666
these guys have a few very early stage wide scale properties with little recent exploration work, likely due to covid or other hassles. I ve never seen any info on them before, but I must note that Osisko and them have a joint private placement, so they are actively working to get cash flow to explore. I ll look over their work online and get back to you.

>> No.25333220

>>25333145
Thanks

>> No.25333233

>>25332666
>>25333051
Looking at the presentation now. I was wondering why the company sounded similar, they have a project at Pickle Lake and I've recently looked at companies in the area, in the Abitibi Greenstone Belt. Good area.

>> No.25333267

>>25333036
Shit I didn’t know colloidal silver would sterilize my insides, why do people even use it then?

>> No.25333330

>>25333233
In fact their Sky Lake project is right next to Metals Creek's Dona Lake Mine project! They're definitely in the right place then, I love what MEK has going on

>> No.25333349

>>25333267
your body needs silver but only in tiny amounts, taking silver repeatedly would not be a good idea in the slightest.

>> No.25333363

>>25332787
> Sell gold for Yen
> Use Yen to buy house
> ???
> profit, I guess

>> No.25333600
File: 222 KB, 959x872, 295C4E92-14AD-4C8D-882C-C81BC0BA1935.jpg [View same] [iqdb] [saucenao] [google]
25333600

I just got my last paycheck that l'll most likely get in a long time.
Should l just bite the bullet and buy a 5oz 2020 Libertad off SD bullion to top off my stack and hold off on any more PM purchases until lm employed again or what should l do?

>> No.25333697

>>25331712
whoa, $12.02 USD and they haven't even drilled yet, right? That's crazy, should be under a buck

>> No.25333699

>>25333600
What about food anon?

>> No.25333809

>>25333600
Just go on unemployment and collect NEETbux, might as well take advantage of BRRRRER instead of letting it fuck you in the ass

>> No.25333814

>>25333363
What's your plan for a visa? Also how strong are property rights there?

>> No.25333826
File: 1.65 MB, 1155x1041, 851f9246fb98142ef28a7c711d80065d.png [View same] [iqdb] [saucenao] [google]
25333826

>>25333699
Kek, l live with my parents.

>> No.25333909

>>25326073
Do you think the dude put that in women while wearing it?

>> No.25333915

>>25332666
Alright so what I can gather from their flagship Sky Lake project is that it's positioned quite nicely: along strike to Thierry, Central Patricia, Pickle Crow and Dona Lake past producing mines. The gold should be hosted in BIFs considering the proximity to Dona Lake. They've already begun delineating the deposits very nicely. This is a very promising exploration play in the right place. Their other assets are also around Abitibi, which is ripe ground for exploration all around. Red Lake and Timmins are pretty close by. Very solid explorer on first glance, if Metals Creek's current drilling program at Dona Lake is successful, Tri Origin will likely benefit too due to the proximity. Management seems ok.

>> No.25333970

picking up some silver dollars tomorrow. gonna try and see if my LCS has any BC Totem dollars

>> No.25333996

>>25333970
>Totem dollars
Idolator!

>> No.25334015

>>25331181
Bought just over 10 ounces of silver.

>> No.25334021

>>25331181
STILL haven't gotten my check yet! Daddy needs his smack!

>> No.25334044

>>25333826
Same, if you have a good enough stack, I'd say keep the cash for emergencies

>> No.25334058

>>25333915
Also they have a project in Cobalt, probably close to CCW then

>> No.25334093
File: 51 KB, 490x504, 1303AF98-0DA4-4921-9EDE-5E398A429FA3.jpg [View same] [iqdb] [saucenao] [google]
25334093

>>25333996
pretty neat

>> No.25334124

>>25333909
It wouldn't surprise me if he did, but if I were him, I'd be worried about it getting stolen from me during or after sex.

>> No.25334150

>>25333267
It's probably the same vein of treatment as antibiotics, but those should also be used to treat a very specific illness and not taken as a supplement since antibiotics sterilize your insides, by design. Ask your doctor before you do anything, and don't ask metal hoarders on a Mongolian basket weaving forum.

>> No.25334208

i've heard you can put a silver coin in a pets water bowl and it'll keep the bowl from sliming up. is it safe to use 80-90% silver coins or does it need to be .999 pure silver?

>> No.25334272

>>25331181
How are you lads receiving this corona hoax money, is it straight into your bank accounts or a cheque in the mail?

>> No.25334324
File: 274 KB, 1440x1842, folio.png [View same] [iqdb] [saucenao] [google]
25334324

Bros, I've been living in shitty apartments for over 10 yrs, hoping to get a house in a year or 2. Most of my savings are in this silverproducerfolio with a current mkt value of about 55k. Can this go up 5x or better if we hit $50 silver?

>> No.25334368

>>25334272
in burgerland, the last time i received it as a debit card. activated like any new credit or debit card and there's the gibs right there available on the card.

>> No.25334392
File: 229 KB, 869x969, 1533922669849.jpg [View same] [iqdb] [saucenao] [google]
25334392

>>25334324
Such beautiful gains anon

>> No.25334450

>>25332787
Not a common way to buy a house right now but will be when the currencies shit the bed and everyone is desperate to get their hands on it as they watch the currencies collapse in price and desperate to offload spare property they cant afford.

>> No.25334558

>>25334392
thanks m8

>> No.25334664
File: 41 KB, 640x320, ADA09149-E551-4F28-BCFD-FFC94BCF813E.jpg [View same] [iqdb] [saucenao] [google]
25334664

Gonna lose my marbles, it’s only plated shit everywhere I look.

>> No.25334692

>>25325979
My patience is growing thin with you lot of filthy idolators. You have until the Sabbath to discard each and every last one of your trinkets with graven images upon it. If you do not, the lord Jesus Christ has commanded me to enter your pagan temples and strike you down myself. Heed my warning, your life and soul both depend on it

>> No.25334827

>>25334692
Why do you try to be patient with us if it is up to the lord what our faith will be

>> No.25334912

Oh, didn't notice it before but Pacifico did their consolidation. To the one guy who owns the shares, congrats. The share price is now going to move easier.

>> No.25335146

Bad news for Turquoise Hill! Mongolia did a First Majestic to Oyu Tolgoi!
https://ceo.ca/@newswire/oyu-tolgoi-receives-tax-act-from-mongolian-tax-authority

>> No.25335205

Okay i just bought two silver coins this shit better be good

>> No.25335255

>>25334093
Wow that coin looks really cool, too bad there’s a lizard on the other side

>> No.25335296

>>25335205
You mean 1kg coins right?

>> No.25335409
File: 125 KB, 326x326, 1234562.png [View same] [iqdb] [saucenao] [google]
25335409

how long does monument metals take to ship ?

>> No.25335438

>>25335409
They are slow, but good prices

>> No.25335445

>>25325979
making PMG threads
NEVER
EVER
EVER
GOING
TO
MAKE
IT

>> No.25335471

>>25332787
>no one will let you buy a house with silver or gold lol

A decade ago after housing went bust there was a property for sale by owner along a regular route I took with a big sign stating the price in cash and also in ounces of gold. It started at 20 ounces for the house and few acres, and over time the seller crossed out and lowered it to 17 or 18 ounces before he sold it.

Basically you're a retard, in times of crisis Silver and Gold will be accepted by more than enough people for us stackers to do just fine. It's the buttcoin bagholders that you need to worry about.

>> No.25335493

>>25325979
precious metals not easily divisible
not verifable
not digital
hard to send
boomer rock trash trash trash

>> No.25335536
File: 176 KB, 631x756, EA499378-28D2-4AA9-B615-E3AD28666107.jpg [View same] [iqdb] [saucenao] [google]
25335536

>>25335493
BINGO!!!

>> No.25335542

>>25335493
>not verifiable
https://www.youtube.com/watch?v=15PD65fNny8

>> No.25335559

>>25335493
Only holds BTC
ngmi

>> No.25335568

>>25335296
No just 1oz, ill buy 1kg next paycheck :)

>> No.25335628

>>25335536
Based

>> No.25335643

>>25335471
What was the cash asking price?

>> No.25335695

What’s the general thoughts on GDX GRXJ SIL SILJ. Can’t decide specific miners to go in on. Might just throw 25% in each.

>> No.25335769

>>25334664
Yeah thats what I encounter whenever I do find something.

>> No.25335770

>>25335695
SILJ and GDXJ aren't really juniors.

>> No.25335774

>>25335695
Don't bother with GDXJ and SILJ - not really junior funds and has lots of overlap with the majors funds.

>> No.25335863
File: 950 KB, 1745x1067, sleding.png [View same] [iqdb] [saucenao] [google]
25335863

Can anyone direct a cash-let to the best gold for <500 ?

>> No.25335895

>>25335643
It was around 35-40k, I do clearly remember that the spot gold price was always at a discount to the cash price so it was a good deal for those with gold laying around. Property and house is easily worth over 100k now but we'll see what happens to real estate soon.

>> No.25335900
File: 330 KB, 990x620, 1271826130950.jpg [View same] [iqdb] [saucenao] [google]
25335900

>>25335863
1gram or 1/10oz pieces. Good luck fren

>> No.25335912
File: 956 KB, 1000x988, 1567266667129.png [View same] [iqdb] [saucenao] [google]
25335912

>>25335863
>Can anyone direct a cash-let to the best gold for <500 ?
2x 1/10 american gold eagles
Get a 1/4oz if you can swing it it's a bit above $500 tho

>> No.25335937

>>25335863
>British gold sovereign
>French/Swiss 20 francs
>Italian 20 lire
>Mexican 10 pesos
>Dutch 1 ducat

>> No.25335945

>>25335863
Why not go with like 18 oz of silver?

>> No.25335975
File: 232 KB, 1000x1000, 4168A249-3EA7-49C6-B1BA-B4E5C75AD5BE.jpg [View same] [iqdb] [saucenao] [google]
25335975

>>25335937
Gotta make sure you get the RIGHT 20 Lire.

>> No.25335998

>>25335695
I wouldn't recommend ETFs. If you want leverage to metals and you don't want to do the work then buy majors like Kirkland

>> No.25336023

>>25335774
so SILJ and GDXJ only have moderate exposure to juniors but there’s at least some level?

>> No.25336062

>>25335998
I mean I’ve been lurking forever and understand which juniors are sought after. Was just curious if the etfs are worthwhile at a junior level or not

>> No.25336083

>>25334124
I wonder if it was kind of occult magic practice.
For it to stay on though seems unlikely, but idk.
Maybe a contraception? Seems like it.

I thinkk its really gross & wrong.

>> No.25336120

>>25335975
Kek how much was the premium on that thing?

>> No.25336134

>>25335975
How much is this going to cost me because this seems a lot more viable than even buying 1/4th oz gold.

What is actual content of gold in this? Do you like it?

>> No.25336147

>>25336023
Right, GDXJ is overly weighted to large caps and also has silver in it. JGLD is a new fund, about a month old, that solves those problems. Might be worth looking into.

>> No.25336199

>>25336062
No. Not worth it. Pick and choose the good ones. You can also choose a good entry point for additional gains

Also do your DD. Always do your DD.

>> No.25336223

>>25325979
>One tonne of gold is worth about $54 million dollars current market value
>Peter Schiff’s net worth is $100 million
It is entirely possible that Schiff owns over 2,000lbs of gold

>> No.25336256
File: 533 KB, 749x441, Screen_Shot_20171130_at_1.12.37_PM.png [View same] [iqdb] [saucenao] [google]
25336256

I wish pan man would make an etf I would yolo into it like you wouldn't believe

>> No.25336264

>>25335945
i have ~100 silver so time to dip toes into gold

>> No.25336282

>>25333600
>>25333826
Have some dry powder. If you have your currency working for you every day, it gets tired. However, making your currency be a neet is not good. Take some of the currency and make it rest for a time to work.
TLDR: have some currency to buy 5 5oz libertad on the side and get another temporary position asap. You need to get more of the kids to work for you to get more shinies.

>> No.25336300

>>25336256
I would not. Because it would be an ETF. And because I don't trust Pan Man blindly.

>> No.25336332

>>25336147
Thanks looking into now. Super low volume huh.

>> No.25336394

Graven images

>> No.25336396
File: 524 KB, 576x643, 1605131419413.png [View same] [iqdb] [saucenao] [google]
25336396

2021 is going to be sexy for my gold miners
https://youtu.be/CGlcWsmaprE

>> No.25336405
File: 58 KB, 544x565, 1445563269.jpg [View same] [iqdb] [saucenao] [google]
25336405

>>25336300
>I would not. Because it would be an ETF. And because I don't trust Pan Man blindly.
I wish I knew how to properly dd a company.
What are the key elementary things you all look for when dd'ing before starting a position?

>> No.25336461

>>25336120
Uh... a lot. I paid around $450 for it. But I like this kind of stuff and didn't have any Catholic theocracy coins so I said eh what the heck. Might get it graded.
>>25336134
I was just joshing you mate, this has a decent bit of numismatic value, but 0.1867 oz of gold. Dollar to gold, you'd get more metal value going with a 1/4 oz AGE. I got the coin because I liked it. If you're looking for unusual stuff, check out the subreddit r/pmsforsale. You guys might give me flak because R*ddit and all but people there give genuinely good prices and unusual pieces.

>> No.25336560

>>25336405
It depends upon how deep you want your DD. Do you do your robinhooder level of DD, and ask target price with ticker? Intern level of asking what it does and p/e ratio? Beginner level of look at what cycle it is in, and where it is in that cycle? Intermediate level of looking at company history, and how the owners are? Hard level of looking at each report, and send emails to them? Or Panman level of visit the site, ask questions, and look at the entire history of the property, and how they are?

>> No.25336667
File: 38 KB, 640x471, 6188291-16091065703576524.png [View same] [iqdb] [saucenao] [google]
25336667

>>25336332
Yea, like I said it's new. 75k shares outstanding and only $2MM AUM. There are articles elsewhere comparing how it would have performed in the past, which may or may not tickle your fancy.

>> No.25336668

>>25336560
I know I did robinhooder level of DD and got zeroed out of a mining stock. It was bad, but losing $20 in a teaser entry is better for learning than never knowing. I know I am not the best at DD, but I am getting better at TA than 5 months ago. Getting some licks in my wounds to learn in these markets are fantastic.

>> No.25336678

>>25333233
>>25333330
>>25333915
Thank you for taking the time to research TOE and give your feedback.

>>25334912
I own a very small position in Pacifico. Just got the email about this. Positive news. I really dislike the new name that goes into effect in January: Boab Metals. Much prefer Pacifico.

>> No.25336685

>>25336199
Not worth it as you believe no good returns? Not the level you want? We may be in completely different places looking for different things. Was just trying to get a general idea of them but good feedback.

>> No.25336816

>>25327649
I have some stuff I bought around the years top, so I'm happy to see things coming back but the joy is muted until we start breaking new highs again.

I'd be much more patient with it but I took a risk on some AG calls for Jan 15th that are currently red for me (I bought them almost at the top in Aug thinking there was shitloads of time to push things higher, and there was still tons of talk of COMEX default in September, etc).

For my other holdings I don't give a shit if I have to wait a year or two to see some nice green.

>> No.25336838
File: 111 KB, 1280x720, 1609380501672.jpg [View same] [iqdb] [saucenao] [google]
25336838

Be honest, how much growth potential do you see come out of silver compared to gold?
l know Mike Maloney's 1:500 ratio is totally whack, but it's kind of hard to justify dropping $2k on an ounce of gold even though l already have roughly 150 ounces of silver.

Should l just get a gold British sovereign and contiune to stack silver?

>> No.25336854
File: 34 KB, 430x270, 1frtv7v-ikn.png [View same] [iqdb] [saucenao] [google]
25336854

>>25336405
Have you looked at the miner pastebin I wrote up about a month ago, in the OP? The links in that contain almost everything I used to begin learning. But I can walk you through my way of doing DD though, since it's rare for people to ask me how to learn. I appreciate the basic curiosity and effort anon -- most here just don't want to put in the effort for their own wealth.

I have like 200 companies I've wishlisted on ceo.ca, most of them I haven't looked at at all, they're just there as a backlog pile so that I never run out of new companies to look at. The very first thing I do is look at the NRs and the discussion. If either of these look promising or interesting, the company goes into the pile. Also if the company has projects near companies I'm aware of then into the pile you go. When I pick a company from the backlog, I first go to their site's presentation as well as their financial statement and skim those through. If I'm still interested after skimming through them, I do a proper DD by writing up a Word document. I separate the Word document into three parta: Share info (mcap, share ownership, P/B ratio, fully diluted amount, etc.), Financials (most importantly: working capital, equity, debt, other assets like shares from other companies and different ratios like current ratio and equity ratio) and finally their project protfolio.

When DD'ing projects there are some things you want to focus on. There's the area: is it greenfield (totally virginal ground with no exploration done) or brownfield (close to old or current mines) -- brownfields are usually less risky. What exploration has been done before: surface samples, trenching samples, BOT samples, diamond drilling...? How have the exploration results been -- you'll learn to read exploration results via the links in the pastebin as well as with experience but usually higher grades are coupled with short drilling intercepts, and low grades can be considered good if they have long intercepts.

>> No.25336894

>>25336560
>>25336405
just start by copying other successful people first. you will learn as you go how to do proper DD

>> No.25336897

>>25336838
Yes

>> No.25336962
File: 4 KB, 200x200, 7C39F746-7DB5-4216-AFF1-0E13214BE138.jpg [View same] [iqdb] [saucenao] [google]
25336962

21 bitcoins will equal $10,362,600 in 5 years.


This is holding one 1 millionth of all the bitcoin in existence.

If there are 187 thousand tons of gold above ground this is like holding 0.187 tons of gold which is 374 pounds of gold which is 5454 Troy ounces which is $10,362,600

>> No.25337017

>>25336962
We got another one. >>25299332

>> No.25337032

looks like we finally broke 1900 on the futures, here's hoping we keep it this time.

>> No.25337070

>>25336461
>I was just joshing you mate, this has a decent bit of numismatic value, but 0.1867 oz of gold. Dollar to gold, you'd get more metal value going with a 1/4 oz AGE. I got the coin because I liked it. If you're looking for unusual stuff, check out the subreddit r/pmsforsale. You guys might give me flak because R*ddit and all but people there give genuinely good prices and unusual pieces.
Oh hey no worries. Its awesome. If you like it than great. You will see your value doubled on that no doubt.

>> No.25337075

>>25337032
I just want silver to be back at 40 USD, is that much to ask for?

>> No.25337130

>>25337075
I want silver back at $2 an oz again. Why not have massive cheapies?

>> No.25337154

>>25336962
>21 bitcoins will equal $10,362,600 in 5 years.

can you hop back in that time machine and let me know the scores for the next epl matchday? i'll just throw in a cheecky accumulator, thanks bro

>> No.25337183

>>25337075
Yes, I would rather the dollar be strong and honest and not have to hedge against my own country.

>> No.25337186

>>25335409
Good luck getting everything you ordered. Reminder: they not only can't accurately count a $5 roll of dimes, they also have trouble even counting to 5. (Also, another anon got slipped buffalo nickels when war nickels were ordered.) Then, they'll tell you they're "making it right," but not send out the replacements.
>Customer Satisfaction Guaranteed
My ass!

>> No.25337187

>>25337130
Works for me too, although I have to designate a room to store silver coins then.

>> No.25337253

>>25337075
>40 USD

probably 2 months

>> No.25337351

>>25336256
sorry mate best i can do are my quarterly lists of interesting companies to watch. If I was a financial annalist I would do that kind of stuff.

>> No.25337363

>>25336678
You're welcome! Also:
>he doesn't like BOOBA metals
ngmi
>>25336685
I just dislike ETFs for various reasons. Gains are lower than if you do your work on a handful of good companies and also with individual stonks you can choose when to enter at lower price points and when to take profits if you so choose. Also you're able to sell quickly if something happens. But yeah in a bull market might not matter. It's just a preference thing I guess.
>>25336405
Cont.

Perhaps the most important part about DD is being able to make valuation estimates. Just looking at a chart and market cap you won't know what the value of a mineral asset, and by extension a company is. Ignorance about the value of a company makes you anxious and yoj may begin doubting yourself after investing. The pastebin remedies this problem by having good links about robust mining valuation techniques. The main two you should use are P/NAV and EV/resource.

P/NAV -- Price to Net Asset Value -- is THE best mining valuation technique. With it you can see at what percentage to the mining asset the company trades at. It's easy to calculate when a company has released a PEA (Preliminary Economic Assessment) or FS (Feasibility Study). These reports will include a section with an estimated NPV (Net Present Value), usually with a 5-8% sensitivity in case of inaccuracy. NPV is always presented as pre-tax and after-tax, of which I use after-tax because it's more conservative. The NPV is usually coupled with different 'cases' of commodity prices. Usually the base case is a good conservative price point (for example US$1,500/oz gold price). So a company's NPV5% for a gold project, with a base case of US$1,500 could be for example $200M. That means that when gold is at US$1,500/oz the project's net value would be $200M, that's the amount that the company would get after the mine is closed.

The P/NAV calculation goes like this:
Market Cap / [NPV - debt]

Cont.

>> No.25337368

>>25337154

EVE 2-1 WH
MU 3-1 AVL
TOT 3-2 LU
CP 1-0 SHU
BHA 0-2 WOL
WBA 0-1 ARS
BUR 1-0 FUL
NEW 0-3 LEI
CHE 2-3 MCI
SOU 0-3 LIV

Btw Irving $IRV is headed back to &4

>> No.25337450
File: 521 KB, 2375x574, 8B54E6D6-A801-4A60-9940-27D380F741AF.jpg [View same] [iqdb] [saucenao] [google]
25337450

Peter schiff betray

>> No.25337726

>>25337450
>DUDE ANYONE WHO SAID BUY ANYTHING OTHER THAN BTC IN 2008 IS DUMB!!
fuck off

>> No.25337760

>>25337450
Where is the evidence to back up this claim?

>> No.25337780

>>25336405
So now that we know the most important valuation metric, let's punch in some nunbers and do an example.

Pan Man Placer Inc. Has a $50M market cap, and no debt. The company has just made a PEA, with a base case (US$1,650/oz) estimate of after-tax NPV8% of $185M. How is the company valued in relation to their project?

$50M / $185M = 0.27

The company is valued at 27% the value of their mining assets. Good deal if you ask me!


There are also different cases in these studies with different NPV's, very fun for bulls to use those for hard-on inducing calculations!

The other one I use the most is EV/Resource. Often there is no PEA or FS with an NPV estimate so you'll either have to rack your head and speculate that NPV (which is possible but way out of my realm atm) or just estimate the company's value in relation to the known ounces in the ground. So if a company has a MRE (Mineral Resource Estimate) available you can simply calculate the EV/resource.

Enterprise Value of Pan Man Placer Inc. is $45M ($50M - $5M [no debt + $5M cash])
Recent MRE has M&I ~1.5Moz AuEq (and Inferred ~0.5Moz AuEq)

$45M / 1.5Moz AuEq = $30/oz AuEq

The company is trading at $30 per ounce of gold in the ground. Keep in mind the "grade" of the resource (Inferred is very inaccurate, P&P Reserves are very likely there) as well as the fact that building a mine will cause capital costs and operational costs, meaning the $30/oz isn't exactly true.

>> No.25337862

>>25337351
whats your current list?

>> No.25337894

Cheapies incoming

>> No.25337932
File: 54 KB, 832x1000, 1599570890160.jpg [View same] [iqdb] [saucenao] [google]
25337932

>>25336405
And that's about it for the most important stuff. There's always more to do, more to learn, you can always dig deeper and improve (I still am improving too). A lot of things to look for in a project... Management, history of the project, geology (trying to learn this stuff atm, shit's deep)... The list goes on. Best thing to do is start with simple things and keep asking yourself: "How can I do better DD next time? What do I not understand?"

I hope I managed to help you. It seems like a lot of work but it's surprisingly easy to learn. Thank you for listening to my TED talk.

>> No.25337934
File: 60 KB, 663x695, PAN MANS WINTER 2020 List.png [View same] [iqdb] [saucenao] [google]
25337934

>>25337862
heres my winter 2020-2021 list. Most have been looked over before on here.

>> No.25337968

>>25337780
good stuff

>> No.25338012

>>25337780
Thank you mate for writing this sort of stuff out, because I am no good at explaining this aspect of companies.

>> No.25338065

>>25337934
What's a good level to be at in terms of physical quantities before looking at miners?
I know it's an insanely broad question that doesn't take into consideration how much one has to invest, but if you were to take a guess at a percentual allocation of funds, what's a good baseline?

>> No.25338123

>>25338012
I dislike spoonfeeding but I love teaching!
"Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime"

>> No.25338177
File: 51 KB, 600x315, F971768A-76D0-41F0-9AB6-86C970C8968C.jpg [View same] [iqdb] [saucenao] [google]
25338177

If you look closely at this $10 million dollar bill from Idiocracy, you'll notice that it bears the Seal of the Federal Reserve Bank.

>> No.25338324

>>25338065
I’m at like 250ozt silver and a bit over 3ozt gold, I just started getting into miners a few months ago, but really hunkered down the past day or two and now have a stable of like 15 silver/gold plays.

I think most people on PMG would say the above amount of silver/gold is decent, unless you go into fractional gold (which I don’t due to premiums) it’s hard to get the GSR to line up with 250ozt of silver.

I might get more silver if we drop due to JPM bullshit, but I doubt we get that much lower, especially with DXY headed towards .80

>> No.25338427

How did the last silver bullrun play out in timeframe when it hit near 50? When should that be expected to happen next year?

>> No.25338548

>>25338065
102oz Ag here. I think it depends on (you) more than anything. What amount of safety -- or physical -- do (you) want? I'm good with my current stack. With the amount of money I have, I've realized that I want gains now that I'm relatively safe. So now I'm DCA'ing into miners at a rate I'm okay with.

Also for miner DD look into the miner pastebin. It contains the best links for learning about investing in juniors that I was able to find. Also look at my recent posts, I detailed how I do my DD (that's just what I do, anons here do varying amounts of work so don't feel threatened about my walls of text)

>> No.25338570
File: 197 KB, 1050x692, 1609308415194.png [View same] [iqdb] [saucenao] [google]
25338570

>>25338427

>> No.25338689
File: 1.82 MB, 1296x1167, Nickel.png [View same] [iqdb] [saucenao] [google]
25338689

it's happening

>> No.25338712

>>25338065

i stared w/ the 100oz silver suicide stack. all other money is now in the stock market, guns, and ammo. will cash out miners and convert to more physical in the future but for now I need to grow the account size in paper as much as possible

>> No.25338802

>>25338548
Listen to this guy, i myself just blindly buy miners based on what PMG says(ceo.ca to some extent too) and hope to learn as I go along (not recommended), but he’s actually dedicated to the craft and willing to admit weakness and build on them (geology for instance).

For a long time I always thought my PM exposure would come solely from physical, never did fathom dabbling into the mining sector, outside of maybe Barrick, FM and etfs like GDXJ.

But here were are m, at the beginning of what is presumably another massive bull run for miners. It wouldn’t hurt for me and others to learn more about DD, and how to evolve your thesis based on new information and macro conditions.

Exciting times all around

>> No.25338811
File: 1.04 MB, 320x180, 1596795389648.gif [View same] [iqdb] [saucenao] [google]
25338811

>>25338570
>my silver miner portfolio is already up 100%

>> No.25338830

>>25338123
one bit of info I think more people need to know about is the USGS Mineral Resources On-line Spatial Data website. Its a fantastic US / world data base of known mines and mineral reserves based on company data submitted in geological and exploration reports. Its very handy to figure out projects that dont have as much public data out there, but does take some getting used to. https://mrdata.usgs.gov/

>> No.25338869

I buyed 10oz of silver will I am make it ?

>> No.25338892

>>25338869
No, you need more. Especially in junk silver.

>> No.25338925

>>25338689
>tfw "constitutional copper" will be something people pay 20x face value for in half a century
It's all so tiresome

>> No.25338932

>>25338869
>>25338892
wasn't 100oz of .999 silver the suicide stack?

>> No.25338936

>>25338689
>the nickel nigger is back
Timmy we’ve already told you 5 times that nobody is going to give you more than a nickel for all your nickels

>> No.25338964
File: 2.09 MB, 960x3848, 1606501318099.png [View same] [iqdb] [saucenao] [google]
25338964

>>25338932

>> No.25338979

>>25338802
Haha thank you! I'm sure most will do very well just picking one that Pan Man/silver miner anon/Bob Moriarty/etc. recommends. But I prefer doing my own work as well as I can, helps me decide what to do as there is no doubt in my mind about the company as news releases come out and stock prices fluctuate.

>> No.25338989

>>25338869
Don't buy no more bro! Just actually invest Low risk stocks or Medium risk crypto tokens.

>> No.25339031

>>25338892
Why would I want to buyed junk silver that sounds like a bad idea and that u are tricking me ?? steerling silver is what I have

>> No.25339036

>>25338830
Oh this is something I've wanted for a long time, a database of deposits! Thank you for sharing the site Mr. Man.

>> No.25339056

>>25339036
trust me it takes some getting used to but its deep data type material for mostly US based material.

>> No.25339064

just how hard is vangold going to pump when its trading is resumed?

>> No.25339132

>>25339056
I'll have a comfy weekend browsing the site, plenty of time to get used to it

>> No.25339143

>>25339064
>just how hard is vangold going to pump when its trading is resumed?

who knows dude. dont even know when theyll resume again, its been like a week

>> No.25339156

>>25339064
How does 100x sound?

>> No.25339202

>>25339064
Why was it paused

>> No.25339215

>>25339202
they bought a mine and mill complex from Endeavor silver and are now consolidating their deal.

>> No.25339248
File: 271 KB, 1001x989, E5EC4ADF-AA2A-4508-9AC9-7969DD02C21B.jpg [View same] [iqdb] [saucenao] [google]
25339248

>>25338689
My fellow nickelmaxxer...

>> No.25339271
File: 2.32 MB, 4032x3024, 05F0A01C-9977-4BB3-91B4-892922469675.jpg [View same] [iqdb] [saucenao] [google]
25339271

Ooops forgot pic here is the silver I boight the lady at the store say it had 10oz combined but was nice enough to sell it for only $4 over spoot price I feel lucky

>> No.25339294

so what's better silver or gold? I'm buying more silver than gold, but still buying both. I'm still investing the the procurement of both, but what's better?

>> No.25339304

>>25339271
Cmon anon you have to b8 better than that.

>> No.25339315

>>25339271
please be bait

>> No.25339339
File: 37 KB, 900x900, index33.jpg [View same] [iqdb] [saucenao] [google]
25339339

>>25339294
tantalum. Stack tantalum now, thank me later.

>> No.25339364

>>25326922
Niggers can't even read.

>> No.25339377

>>25339339
I'm on my phone somebody post the praseodymium pasta

>> No.25339388

>>25338979
Btw, if that was you that shared that hour-long Bob Moriarty interview the other day, thanks so much.

Learned a ton, specifically about Lion One and their incredible project in Fiji, and Dolly Varden (Bob loves their name, which is good enough DD for me).

Most important thing that stuck was the quote:

> “you know when a PM bull market is starting, but you never know when it’s gunna end”

>> No.25339420

>>25339271
>says stainless right on it

>> No.25339485

>>25333267
Colloidal silver will also make a female pot plant produce seeds without a male there to pollinate it.

>> No.25339491

>>25339420
It’s sterling. They said they mark it “stainless” for two reason:
When confiscation happens, they won’t take it because they think it’s not regular sterling silver
And secondly, it stands for stainless sterling

>> No.25339516

>>25339294
>>25339304
>>25339315
Gentlemen I have a genuine question about our metals... im thinking we've lived the golden age, and going back to copper... call copper shit, but i bet copper prices are going to go up because of the conductivity of the metal... it's abundancy is seen everywhere.. copper pipes.. actually copper pipes suck... impurities in water gives copper a tarnish... it reacts to easily to acids.. however when insulated and used as wire... it conducts electricity and drives motors used in these electric cars... so i need like a scientist to tell me.. is it copper or something else we need for our new age of connectivity.

>> No.25339538

>>25339388
>if that was you that shared that hour-long Bob Moriarty interview the other day, thanks so much.
Nope, wasn't me. You're thinking of the silver miner anon I believe. I don't share or follow anybody really since I believe in my own judgment (and if I manage to crash the party before the stock gets pumped by endorsements, all the better for me). Sometimes I listen to the Peter Schiff podcast while I make food or something, also the odd pm-related video. Oh and Sprott Weekly sometimes too. But that's about it for me

Lion One is a favorite of mine. DV I should look into again, I passed on it the last time I checked... Wasn't very good at DD yet

>> No.25339546

isn't that shit radioactive?

>> No.25339554

>>25339485
Kek this is the best advice I’ve gotten the entire thread, thanks stoner man

>> No.25339604

>>25339491
5/10 for creativity

>> No.25339628

>>25339491
Do a magnet test at the very least. It looks like steel to me.
>>25339516
Copper is for sure going up along with many other metals. Copper is a no-brainer, there is a bullrun commencing there. Uranium is also a big one but might take a few years for that run to really commence. I still focus on precious metals first, base metals second. Uranium will come afterwards and then maybe REEs and lithium. But right now, gold and silver for me

>> No.25339721

>>25339628
If you don't hold it you don't own it. You can't physically invest in Uranium 235, you will always have to rely on a third party. Copper, silver, gold, etc. are all metals you can physically obtain as a civilian and that's why I don't take umbrage with miner stock anons as much, but the Uranium stock thing is just retarded. Plus who knows how long nuclear industry is gonna be around.

>> No.25339758

>>25328209
Another twist is tech is deflation going up exponentially so that’s why printer are in brrrrre hyperdrive

Example
Blockbuster>Netflix>Redbox free streaming

Went from driving to get it, to paying to get it, to just make a log in

Photos are the same

Film>digital camera>Phone>Instagram is your shareable free photo album.

>> No.25339784

>>25339721
>Plus who knows how long nuclear industry is gonna be around
Very long. We can't possibly get enough energy anywhere else. Nuclear is here to stay unless fusion reactors are invented and turn out to be economically feasible

>> No.25339790

>>25339516
copper is only going to keep slowly climbing in value but its importance in the modern world cant be understated. We need a massive amount of copper to keep the world going but we also recycle a massive amount of it as well, which helps offset our need to input more metal.

>> No.25339806

>>25338964
TFW only a coinvivor

>> No.25339829
File: 663 KB, 2269x1989, KIMG0574~2.jpg [View same] [iqdb] [saucenao] [google]
25339829

>>25337780
Thanks for the walkthrough but it's over my head, got lots of studying to do it seems. At least I'm good at the intuitive art of scrapping.

>>25339271
Based.

>> No.25339894

>>25332787
I would 100% accept silver as payment for the rental I have listed for sale right now

This was before I joined pmg cult as well

>> No.25339923

anyone else want to post their stacks but are afraid of all the glowies who watch this site?

Not that I would be able to take any new pics after I lost all of mine in a tragic skydiving accident over the marinas trench.

>> No.25340006
File: 316 KB, 1365x919, Sea Bottom treasure.jpg [View same] [iqdb] [saucenao] [google]
25340006

>>25339923
dont worry mate I am sure we can recover your stack!

>> No.25340010
File: 1.96 MB, 4160x2340, KIMG0584.jpg [View same] [iqdb] [saucenao] [google]
25340010

>>25339721
>You can't physically invest in Uranium

Where my glowing stackers at?

>> No.25340031

>>25339923
Never post pics of your guns or your PMs, and never say how much monero you have. That's my policy (if I had any of those of course).

>> No.25340051
File: 2.87 MB, 1736x6936, 1605107555707.jpg [View same] [iqdb] [saucenao] [google]
25340051

>>25339829
I hope I was able to help a little bit at least. Nice scrap stack btw, I only have my bowl.

>> No.25340050

>>25340031
BASED SCHIZO

>> No.25340081
File: 434 KB, 1714x1286, 1607455511934.jpg [View same] [iqdb] [saucenao] [google]
25340081

>>25339923
Lmao no
Use a metadata remover.

>> No.25340085

>Cleaned out my workplace
>Large bar of copper, weighs probably 70 lbs
>Boss said if I haul it out I can scrap it and keep the cash
>Been too lazy to scrap it for like 8 months now
>My laziness has been rewarded with 40% gains.

>> No.25340133

>>25340085
Should be worth about 250 bucks now? Nice. Post copper stack

>> No.25340150

>>25340010
Aren't those just sample ampules of Uranium 235? It's regulated on how much you can buy and if you can get it it's high premiums. The big bottle is Uranium 238 which is non fissile and only releases alpha particle radiation

>> No.25340175

>>25339923
never post your whole stack imo but its fine to post new shit that came in the mail for you or something, just make sure ther's no personally identifying information in the picture

>> No.25340199

>>25340133
I'll probably post pics next time I'm at work, I'm on vacation at the moment. I don't know what it was supposed to be used for but it's like 10 feet long

>> No.25340237

>>25327029
Wtf already?

>> No.25340245
File: 180 KB, 599x484, 1589626920662.png [View same] [iqdb] [saucenao] [google]
25340245

>>25340199
>10 feet long copper bar

>> No.25340252

>>25340051
It's a beautiful bowl fren, definitely far superior to scrap destined for the crucible. Yes you've been helpful but I'm an intuitive caveman retard, actually sitting down and getting analytical makes me cagey but I'm slowly figuring out how to look into companies.

>> No.25340261

>>25329374
DUH

>> No.25340283

>>25340081
>posts a copy
>claims it's ok
alright jerk off

>> No.25340331

>>25340252
Short steps anon. I too started simple. And nobody has to go as deep into the DD as I do, that's just my autistic way of digging into these companies. Takes a lot of time and burns me out every now and then. Just throwing that out there since I believe it could help anons become more independent

>> No.25340367

>>25340283
I'm on my phone right now, the OG file is on my computer. How about you stop tripfagging and lurk moar, everybody knows I own that stack.

>> No.25340455
File: 2.17 MB, 4624x3472, IMG_20201208_210546_compress21.jpg [View same] [iqdb] [saucenao] [google]
25340455

>>25340367
>>25340283
Here's a never before seen version with a different angle just for you

>> No.25340465

>>25340199
>>25340245
Don't do this. Buy thick copper wire or pipe if you want to stack copper, not a fucking bar. As precious metals stackers you should be thinking about commodities too. Copper wires and pipe are commodities that hold their value very well in regards to inflation because they have to be used for modern construction developments.

>> No.25340508

>>25340465
>copper
>precious metal
LMAO

>> No.25340517

>>25340465
I was planning on scrapping it though, not stacking it...

>> No.25340586
File: 53 KB, 540x720, 1590112682098.jpg [View same] [iqdb] [saucenao] [google]
25340586

>>25340465

>> No.25340607

>>25340150
Still based that Bob Lazar sold it to him.

>> No.25340665

who's baking?

>> No.25340720

>>25340508
>>25340586
I said if you are a precious metal stacker you should also have an interest in commodities not that commodities/copper are precious metals

>>25340517
Nvm I missed that, still a good opportunity to mention copper commodity stacking tho. Scrap yard hunting for wire and pipe as long as it's still usable is the best way to stack copper because it's low premium/used.

>> No.25340876

>>25340150
>Aren't those just sample ampules of Uranium 235?
If you read the label on the ampules closely, it says it's only 2% U-235, about the normal concentration for natural Uranium.

>> No.25341103

Who’s got titanium plays?

>> No.25341206

>>25325979
>name is PMG BAKER
>doesn’t even bake the threads in time
Why do we keep you around again?

>> No.25341612

>>25340876
Oh ok that makes much more sense. So there's really no refined fissile reactor or bomb fuel in that picture