/biz/ - Business & Finance

First for sprott

>my 8shot is OP image
I am honored

Is the new senate gonna give me more dollars to buy silver with?

First for buy Aurcana

>>25578774
Lets hope so, it’ll destroy the dollar faster

>>25578877
Checked and based

I’m going to dinner, can you guys watch my eagles for me?

>>25578656
Yes
>>25578730
Based
>>25578756
No problem. We bakers have to support our local posters.
>>25578986
Sure. What is the story behind getting the eagle?

>>25578756
based touhouposter, your 8 iron is cool btw

FWTDHWATQUD

>>25579131
Two QU daughters? I'll pay a whole washington quarter!

>>25578656

Silver One
Irving Resources
Dolly Varden
Mountain Boy Minerals
Genesis Metals

Gold and silver are crashing and the dollar rallying suddenly, what’s going on?

>>25579182
normal market movements, nothing goes up or down without some pullbacks

>>25578431
Kek, there are so many stories of old treasure popping up in that part of south america I wouldnt know where to begin. The Cave of Tyos is probably one of the best.

>>25579182
-.5%

>crashing

Hi newfren! these are just bumps.

>>25579182
>'dollar rising'
Tell me when it gets above 90. I do not see anything that can do it unless you are thinking that they are pricing in a republican win in the senate now.

>>25579284
Another lockdown would absolutely pump currencies, would be a major deflationary event.

I'm .57 grams away from 200oz of silver.
My goal is 255 ounces of silver.

Between first announcement of Chinese flu and now I accumulated 145 ounces of silver within a year.

The next step is that goal while obtaining 1/2 gold ounce. Technically I'm over 200 ounces of silver if I count my junk silver. I'll need another 250 merc dimes.

This past year has been an accumulation trial, but wow it's great to set a goal of 200 ounces and making it happen.

Keep stacking with what you can.

Anyone trade in their bamboos for more eagles?

>>25579340
Batboyz***

>>25579182
watch georgia elections
Glue to both screens i'll save you the trouble DXY rallies when republican chance of a seat goes up

test

>>25579443
What coins are those that has god on it?

Posting 2021 acquisitions once more before I go to bed

>>25579312
Speaking of which, you guys seen they're gonna try and pass the motion to put Judy Shelton on the Fed again? Last time not enough Republicans showed up due to the cough, what do you think her chances are this time?

>>25578631
first for if you work you lose

>>25579564
very nice once again. The picture doesn't really do justice for the 2021 Britannia though

>>25579564
I also tried to record new security features of Britannia coin. This is best attempt out of 10, I'm always losing focus when moving phone, sorry.

>>25579616
Yes the detail and changes to color as you move the coin are outstanding

>>25579573
Whoops, meant for you:
>>25579284

>>25579573
Not high. Even though she is nice. They will have a goldman be a fed chair in 8/10 cases.

>>25579484
Those are 50 Guldens. It says "God zij met ons". That was our money slogan back when money was still a thing. It was introduced in 1816 to prevent clipping.

>>25579856
c u t e

>>25579856
It's also still on our 2 euro coin.

>>25579946
Yes

>>25579564
What's the one on the top right?

>>25579670
HHHnnngg I want one

>>25580097
It's australian kangaroo, lizard side

>>25580067
>>25579856
>that cunny
I need it

>>25580335
Is the face silver?

>>25580386
The one chance I had to buy one was during the one time when I couldn'tafford one.

Gold and silver up, gold and silver stocks get cucked. Fuck this shit. Fuck peter schiff. I’m going all in on bitcoin as soon as my PM stocks pump.

Has there ever been someone who gave worse financial advice in human history?

>JPM red dildo
It's been a while.

>>25580433
No it's just very dark compared to the rest of this side. I already cleaned them so I don't want to take out it of the case, but in this photo you can see her head glowing with gold color.

>>25580630
Yeah...It is a good sight seeing it.

https://
discord
.gg/mKRm3py9

join my discord im trying to build up
love to have you fuckers

>>25580642
I swear the face in the first picture looked silver until the exact moment you said that and now when I go back and look it's gold.
It's the "is the white and gold dress" thing all over again.

10 year yield is almost at 1%. If it breaches it, will the fed increase buybacks? They're already at 120 billion a month.

>>25580608
>>25580579
ok bitcuck

Realistically, given that nothing ever fucking happens, how much higher is silver actually going go go?

The figure posted the other day of
>1000/oz by 2039!!!
this is delusion, r-right?
I mean, I'm sure everybody thought "this is it" in 2011, too.

>>25560759
thanks, fren.

>>25580608
schiff is a god, i cant remember then last time i missed his podcast, his analysis is spot on, hes always right!!

>>25581290
looking for info on those mentioned?
Speaking of First Mining Gold, does anyone else have issues with their website? It keeps tripping out on my end without warning.

>>25581388
Yes, getting 404 for some features projects.

>>25581285
$1k/oz is not impossible but it would require specific perfect conditions to be met. Several hundred per oz is definitely attainable just from a good bull market though.

>>25581285
In situation when 1oz of silver is worth 1K USD I would be worried how much can USD actually buy.

>>25581022
yes anon

>>25579340
congrats man! thats news great to hear my goal is 200 but i'm trying to stay liquid to get these stock gainz

i just started this yr too, I feel like a lot of ppl are getting into stacking this yr

>>25581285
1000/oz silver is a statement that the dollar is dead.

>>25579340
>it's great to set a goal of 200 ounces and making it happen.

Great work anon, that's a nice pile of preserved wealth. Keep stacking whatever you can, but those Mercury dimes will surely serve you well.

>>25579284
damn a Repub. win would be huge for muh cheapies, fingers crossed mates

i dont own any metals i just wanted to post this

>>25581449
Might need to send a mail to them to get their guys to have a look, it makes research hard.

>>25579312
>Another lockdown would absolutely pump currencies, would be a major deflationary event.

but were going to have to do a whole lot of money printing to make up for it, i say it cancels out

>>25581479
>>25581456
>>25581539

Hmm.
Sorry lads, not trying to spread fud, trying to make myself not pull the trigger on an order, if anything.
If the best I can hope for is 2x or 3x the current price in the next 10 or 20 years, I guess in my heart of hearts it doesn't feel all that worthwhile for me to fill my apartment with any more metal.

>>25581590
This could be you anon. You know what to do.

>>25581388
checked, yeah that was me. I think the site works OK for me. what shall I screenshot for ya?

>>25581596
Yeah I'll send one too, bigger chance they will notice. The Goldlund project that is giving me 404 is briefly described here though https://firstmininggold.com/_resources/presentations/corporate-presentation.pdf

>>25581456
1140 by 2039 heres the chart anon

https://twitter.com/badcharts1/status/1346197333382483968?s=12

its feasible if you check the silver price history from 1970-80 ~$1.5 to $50 move in 10yrs thats ~40x in 10yrs

He was calling for a 20 yr time horizon- bold but certainly possible, we've been ina down cycle for so long were due for it, you could argue we're facing greater inflation pressures now than we ever did in the 70s

I also have 10k AUY and some PM ETFs.
I'm HODLing, but I'm done acquiring.

Stonks and cryptos are where I'm moving money into now. I think 2021 is going to be a break out year for cryptos especially.

>>25581690
no problem mate i ll get it eventually, I think I ve got it working actually on google chrome instead of firefox. Currently looking at Pickle Crow right now.

>>25576656
>>25575379
The reason for this is a world spanning phenomenon. If you look into the Incan stone masonry at machu picchu it is similar to the stone masonry of the old kingdom of egypt, before hieroglyphs were added in the new kingdom. This video goes into the similarities between the two style
https://www.youtube.com/watch?v=6KUDu40BC5o

>>25581590
>>25581688
Someone should make an edit of this one with the cash replaced with a Kilobar and the girls talking about wanting to see his stack.

>>25581736
>>25581456
its all about zooming out and paying attention to market cycles, this time is different from 08 (2011 high) or 1980 certainly, the only question imo is how long JPM can suppress prices

>>25581760
Owo Kitcat barrrr

>>25581783
>reversed
>Israel
>Armenia
>Hittie
Hmmmm

>>25581889
Oh, and Ethiopia

>>25581783
One other curious symbol that can be found all over the earth are prehistoric drawings of stickman figure with dot on each side. Very similar to shape that plasma forms

>>25581931
Thunderbolts project detected

>>25582181
Indeed, hehe. I just found this specific case very interesting. Why would people all around the world draw same thing? But other than that I'm very sceptical to their thesis.

>>25578631
Baker I’m still waiting on pic related to be the OP image

>>25579172
5c cuck

>>25582234
What did you use to stitch those photos together?

>>25582233
I love that Talbot series, Discourses on an Alien sky. It's really well done and a total mind fuck. Robert Sepehr is pretty good too.

>>25582390
Yes, it's well told story. I mean, they have predicted stuff with asteroids, where NASA was baffled, right? So maybe there is some truth to their assumptions, but I'm no scientist. I feel like they make large leaps when explaining this stuff. The formations on moon and mars are also interesting, but I would have to hear other side first to make up my mind.

>>25582481
Everything is fake and gay. I have no problem believing that shit is true and think it likely is. We're lied to about everything, so I'll decide for myself.

>smackdown finally happened
Phew, crisis averted. Thanks, JPM!

>>25582571
JPM providing cheapies

>>25582558
>Everything is fake and gay.
That needs to be on a plaque

>>25582613
True market value discovery time

>>25581479
If gold can be 1900 silver can be a 1000.

>>25582558
It's easy to fall into a trap though when you ignore one side of the discourse. I think it's good to at least give a chance to the other side to criticize your thesis and then try to defend it. I'll actually check tomorrow if there are any debates like that.

>>25582571
>>25582613
I'm waiting for JPM to smack it down to $22-23/oz

>>25582697
It actually doesn't make a difference to my life. I enjoy the wonder of ancient civilizations and ancient technologies and the world being drastically different with our lives being spent rediscovering ourselves. It's more fulfilling than being a being a mindless consumer wacking off until it's my turn to die.

>>25582736
Slowly accumulate it anon. Our favorite moshe is giving cheapies and suppressing price from going to $60 an oz.

>>25582736
I'm expecting another -40% paper crash sometime soon, but good luck finding physical for that price lmao

My first silver arrived today. Here's to hoping it doesn't get so pricey I cant afford to buy more.

>>25581479
I'd just pay off my house at that point if the banking system still existed

>>25582868
Thanks to JP Morgan, you can.

>>25582842
It seems like no matter what paper price is you will never find silver for under $17 an ounce, which I think is a very fair price

>>25582940
Bruh where the fuck are you getting $17 /oz silver? Fucking tell me so I can buy all of it right the fuck now

>>25582940
*Premiums included

>>25582736
>$22-23/oz
Anon, that...
That already happened.

>>25582814
>>25582842
>>25582987
I just want my cheapies and stop at a 1000/ozs

May the lord bless Jamie Dimon, and all the fine Hebrew gentlemen over at JP Morgan.

>>25583172
I think the current bottom is around 24.50 now, assuming a crash happens.

>>25583230
As long as they're taken care of in the end.

>>25581807
Didn't JPM inherit bear stearns short position on silver? If JPM goes bust during this downturn would that let the price rise or would blackrock just take over?

Did bear stearns going bust even play a factor into silvers 2011 high only for JPM to step in?

>>25583374
Probably so.

well I am off for the night all, I am going to have to look more at projects in northern Manitoba and Saskatchewan, there is still a lot of gold out there!

>>25583374
I believe JPM inherited their paper position in the Comex which put them over the legal limitations with the expectations that it wouldnt stay that way forever.

Lol. Dems win Senate.

https://youtu.be/WvufFwdqMzg?t=52

>>25584294
All part of the plan

>>25582916
Based JPM

>>25584294
Why should we care about Bread and Circuses? You may as well have posted the Rose Bowl winner.

Maple fag checking in

>>25582736
>>25582987
Sorry anon you missed the black friday sale, sponsored by JPM

>>25584742

>>25584624
The left side honestly feels less of a meme with the job positions compared to the right.

COMEX default imminent

"The New York Commodities Exchange reported delivering 400 percent more gold and 73 percent more silver in 2020 than in 2019, the TF Metals Report's Craig Hemke writes today at Sprott Money. Hemke concludes that the Comex is "on the brink" of failure to function as the physical market it was never meant to be."

https://www.sprottmoney.com/blog/COMEX-Year-inReview-Craig-Hemke-Jan-05-2020

>>25583230
Checked and based

>>25583333
>As long as they're taken care of in the end.
Checked and based

>>25584841
If this is true, they will have to let spot prices rise

>>25584796
im glad you saved it, i mistakenly posted the original instead of the edit

bless you pmganons

also, r8 my silver ring

>>25584872
If COMEX fails then good luck even finding PMs in stock at bullion dealers.

This may be a bit of a specific question, but anyone here ever been to nelson's landing in southern nevada? about a half hour or so away from henderson. old gold/silver mining area, and i know turquoise was found as a kinda side mineral. there seems to be plenty of BLM land around, so i was thinking about driving on over one of these weekends and seeing if i can follow the outcrops to somewher eon blm land i could pick at for a bit. kinda wanna dig enough turquoise to buy a half acre in clark county

>>25584930
niceu

>>25584841

Judging by that data, I give it a few months at best.

>>25585002
i am on my phone but have a look at https://thediggings.com/ for mineral showing in the area, that can tell you where your prize lays. Just dont claim jump, people may shoot you.

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?

>>25584808
The people at the bottom on the Left side ate better food, worked fewer hours, breathed cleaner air and paid less taxes than you. They also used real money instead of Central Bank Fiat.
We have modern technology and medicine, but besides that, the Feudalism we're entering into is a lot worse than the feudalism of the middle ages.

>>25585081
i believe my early attempts at visiting nelson would be more akin to "rockhounding" rather than staking a claim and mining, but thanks ill check it out. i know a buddy and me were swearing we'd try staking a claim in tonopah one day outside of town

>>25583839
goodnight pan man! good luck with surveying those projects
>>25584695
Aesthetic
>>25584930
I like it. It's a bit blurry tho
>>25585020
How far we've fallen since this was first posted

>>25585020
audibly kek'd
great OC. cheers to you m8, super fresh

brrrrrrrr

Any good articles or videos explaining the that story about the 2 brothers that tried to corner silver market and got destroyed?

>>25585081
interesting, looks like one active claim. this particular quadrant is blm land, so as long as im just hiking/looking/picking around, should be good right?

>>25585140
more AZ bros in the thread or different tonopah?

>>25585277
tonopah nv. its like ~3.5 hours northwest of vegas. 4 hours if construction is still fuckin goin on

>>25585140
look for old copper properties, turquoise is a secondary mineral with copper, look around faults or nearby quartz carbonate veins. You better find something neat, I want pics of old mines out there!

>>25585088
Getting a gold coin is something every stacker should aim for. Gold is God's money

>>25585300
Ah well, at least youre still a south west bro.

>>25585307
here's an old prospect i found doing an actual work-project out in tonopah. we suspected it was for uranium prospecting, since thats kinda what i was there for. threw a few rocks down it for funsies

>>25585114

>>25585351
catch ya out in there dude

>>25585114

>>25585114

>>25585460
can dumps are the best, something interested people to stick around a spot for a while
>>25585410
and a very nice random death trap you have there.

>>25585088
1:100 ratio anon, stack with it

>>25585565
Looks cozy ngl

>>25585426
>>25585565
Better built than 98% of the buildings in my city. Probably larger than 90% of houses here too.

What is the resale value of these things? I'm hesitant to pick them up because of the purity and lack of recognizability, but the premiums are too good to pass up.

>>25585565
>>25585720
>>25585851
This is a relic of a bygone era. This is just a glimpse of the kind of environment a society would have to create for the kind of art by Carl Spitzweg I was posting three threads ago to be created. If any of you guys felt the magical feeling of the deep past calling out to you through those paintings like I do, you realize how that kind of art can't be created in a world like today. It was only created because the real world he lived in was already close to the magic depicted in his paintings

>>25585002
I’m a hunter from CA, the Mojave is my turf lol. I mostly stick around Nipton/Ivanpah lake area close to the CA/NV border, lots of active mining still going on there (I always assumed it was gold, but I’m not entirely sure. Sort of tend to avoid the miners when hunting out near them)
Nelson seems about par the course for every other mining town scattered throughout the area. If you can find something cool there, go fuck em up anon. I’m not sure who’ll really stop you from digging shit up

Also, is turquoise really that valuable?

>>25585956
Forgot image...

>>25585618
one more pic outside of tonopah. this was one of the mines that was actually found and closed by our bureau. those guys just get to drive around a couple times a week and close them off so people dont die as much

>>25585964
valuable to me is just perspective. it looks like average quarter-size no-nothing turquoise can retail somewhere around 40-100 bucks per pound, with decent chunks going upwards of several hundred to several thousand for a multi-pounder. a hundred pounds of average turquoise id hope to get a few thousand bucks. thats all im in it for, just a hobby on weekends and maybe save up over time to buy some undeveloped land in town.

>>25585993
For LMU type coins, like Sovereigns or Francs, most of the time is you buy em for spot and you sell em for spot.
>I'm hesitant to pick them up because of the purity
What exactly do you mean by this? That it’s a low % of gold in the coin?

>>25585964
ironically back in the day it was mine waste but now the gem quality material is nearly impossible to find in large quantities, and if you do its often on native reserve land or dam near impossible to access locations. I have a few friends who used to go snow bird down in Nevada during the winter months and go mine down there for it.

>>25586052
Yeah, I would assume that not being pure gold that they might not be desired as much, but I could be wrong. As long as they are sufficiently liquid and I can get spot for them I don't really care.

>>25586050
I normally would be mad about closing up old adits and shafts but that ground in the desert never looks stable in videos. Probably for the best these get closed up.

>>25581781
based. thx PM.

>>25585993
I don't know if there is any numismatic value to those coins (maybe certain years might have special value) but I bought a couple of them last year in Brilliant Uncirculated condition from APMEX for something pretty close to spot price.

>>25586073
The situation is actually quite the opposite. A government minted coin of lower Kt is great. Gold sovereigns and Francs go for spot most of the time, and are bought and sold the second they’re listed. They’re incredibly popular
I’d suggest checking out r/PMSforsale. I know it’s reddit but you can find some sick fucking deals there
>>25586050
Sound like a dream, I wish you the best out there man

>>25586065
I have a Bluecard, so can I technically poach rocks off Reservation land?
Asking for a friend

>>25586333
ahhh... i am probably the wrong guy to ask... I dont give a dam about reserve land here.

>>25586073
90% purity isn't that bad (unless you get taxed on it like in Canada), the only reason they didn't make these coins out of pure Gold is so they could circulate and be stored without deforming. The purity isn't why it's cheaper, it's cheaper because less people recognize it. If it's not in terrible shape you can probably resell it at spot.

>>25586390
>I dont give a dam about reserve land here
An incredibly based Pan Man comment if I do say so myself

do i buy Nicola or Blue lagoon tmrw? I need to wait 2 days for the rest of my funds to settle so I can only use 1/3 of it. I don't have a position in blue lagoon, and I have a decent position in Nicola.

>>25586446
>>25586307
>>25586204
Thanks for the advice, everyone. I just want to clarify, I was talking about the restrike coins, does that change anything?

>>25586509
I don't see Nicola taking off anytime soon, and blue lagoon seems like the objectively better buy, especially if you don't have a position in it yet.

>>25586588
dubs have spoken

>>25586509
fuck it i cant sleep.

Both are risky in my opinion, but have solid basis in their ground and management. Blue Lagoon's land is my backyard from childhood, I can garantee you they have ore and more ore than they will know what to do with. However, will the markets believe them and buy into the project? Thats the question. Nicola I am not so sure of, the reports on their territory look stellar, and having a contract mill helps a lot, but digging up from the wreckage of a previous company can drag on a new company just as much either way. I would love to go have a snoop around the Treasure mountain property of theirs. Free mill gold quartz never hurts to have on a property.

>>25586511
Apmex made an ad for them back 2011, not much you don't already know, but fun to watch:
https://youtube.com/watch?v=9vpNx1kw9Z8

>>25586307
Seconding, I’ve gotten some nice stuff from redditors for cheap.

>>25586659
is a 40m market cap a lot? I figure the share price is pretty low a long with the mill, and its strategic positioning means it's pretty undervalued. I've also got Silver Spruce, who is pretty risky as well. Just waiting on those drill results.

>>25586511
I take it that the photograph you used was not the actual coin you have questions about? I'm not aware of any bullion coin (the photo looks like either an actual coin that circulated over 100 years ago or it's a recent bullion coin that has some visible wear) being issued in Europe that's based on the crowns used by the Holy Roman Empire. If it's a bullion coin, which usually is not in a capsule, I'd guess it's probably worth about spot price. If it's a proof strike, encapsulated, and all that other fancy stuff, it may have numismatic value. As a point of comparison, most, but not all, American modern proof strike coins don't have much numismatic value at all.

To be certain about your coin, though, you'll have to check publications or forums dedicated to European numismatics as I know nothing about the European numismatic market.

>>25586511
>was talking about the restrike coins, does that change anything
Probably not desu. You’re not selling a coin, you’re selling the metal in it

>>25586793
https://sdbullion.com/1915-austrian-gold-20-corona-restrike
This is where I got the image from.

Ten year yield just breached 1%, stock market crash coming soon

>>25586769
its pretty high, i need to check the dilution again too. As the other guy said, I dont see Nicola operating their own properties for a while, while Blue Lagoon will likely be operating Dome Mountain within a year (dont quote me on that). Both parties are joined either way as BL cant operate with out the Nicola contract mill.

>>25586876

Treasure Mountain mine is fully permitted as is the mill, there are tens of millions of high-grade silver ounces there, don't see why production shouldn't be readily available?

https://twitter.com/i/events/1346578244066283521
>he thinks /pmg/ owns Barrick
>he thinks /pmg/ follows Schiff blindly
>he thinks /pmg/ dislikes it when pm's go on sale

Yeah man, why do these shitcoin tourists always have such a retarded strawman conceptualization of the stacker's motivation and mentality? I have never listened to or read Schiff or Buffet and prefer constructing and following my own thesis. The most IRL skilled, competent, and materially productive people I know like PMs and regard crypto with suspicion or worse. The hyper-specialized but IRL helpless, materially unproductive postindustrial comfybubble redditor leftards I know all seem to be into Cryptos. The energy-cliff writing is on the wall and the coming hard times will crush useless flabby soicucks and their dreams of getting rich by HODLing vaporcoins while producing absolutely nothing of real value themselves. I'll be hanging with the productive and competent MetalChads while useless unproductive cryptocucks will reap the bounty of the nothing they've spent a lazy lifetime sowing.

>>25586860
Well, it looks like this anon >>25586739 has answered the question better than I have. As far as I can tell, these commemorative strikes appear to have no collectible value. Be forewarned that I'm not an expert in European coins so I could be wrong.

I was looking at APMEX's web site and saw the 100 crown commemorative proof strike and it's got no collectible premium that I can tell.

https://www.apmex.com/product/170920/1915-austria-gold-100-corona-proof-restrike

I had purchased 100 crown coins minted in the early 1900s and the ones APMEX was selling have no collectible value. Again, it's possible that maybe certain key dates or features have collectible value but I'm ignorant when it comes to European coins.

https://www.apmex.com/product/157/austria-gold-100-coronas-coin-bu-random

I'm rather surprised that I cannot tell the originals from the restrikes. These doesn't seem to be any markers on the obverse or reverse distinguishing them.

>>25586876
Damn. Their chart looks like its breaking out but I guess theres always room for a big fat red candle. I'm planning on brining blue lagoon to my 3rd largest position bc of their play on copper. Copper's been on a tear and I want a piece of that

>>25587095
nicola looks like they're breaking out*

>>25586953
Perhaps I am misreading that info on their website, I saw it was permitted, but I didnt see anywhere that Nicola was actually planning to bring the site into operation in the very near future? I agree theres ore there, but financing getting the mine operating is another monster entirely. Again I might have missed something though, link me if you have anything on this.
>>25587095
Yep Blue Lagoon's territory at the Onion has a massive copper porphyry to work with, and its all recently drilled too. That would make a fantastic open pit operation.

>>25587094
restrikes are struck from real dies, they don't usually have any distinguishing marks aside from die wear.

people that study coins can tell them apart because one of the things they like to do is catalog every single die ever used to strike a coin. So they already know the microscopic traits of the dies used for the restrike. The average person wouldn't be able to tell though.

restrikes are usually used to fill holes in coin collections when you can't get an extremely rare coin. So it's easy for a collector to tell. If you have some amazing coin that only 5 of exist in the world and there's thousands of restrikes out there most collectors are going to know it's a restrike because we keep track of who owns the really rare coins.

>>25587231

They have the milling agreement for 75% of Dominion Creek gold, should provide a good stream of income? They also have $600,000 in cash.

>>25587448
>>25587231

Plus another $600,000 from a pp one month ago, so $1.2 million in caah.

>>25587231
>>25587448
>>25587490

https://ceo.ca/@newsfile/retransmission-nicola-mining-inc-signs-letter-of

https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00005933&issuerType=03&projectNo=03143453&docId=4843978

https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00005933&issuerType=03&projectNo=03150908&docId=4855599

>>25587448
see I missed that, thank you. That will for sure help. I only remember seeing the more recent 2016 Gavin Mines deal.

>>25587543
>>25587543
what does this imply

>>25587543
thank you! Found the link myself while looking for the Dominion Creek Property info. https://minfile.gov.bc.ca/Summary.aspx?minfilno=093H%20%20133

>>25587630
basically Nicola is buying into the property to help bring it into a better position, in this case they want to run a 10,000 tonne bulk sample on the property as a test run for further mining.

>>25587276
Thank you. That's interesting. I don't believe dies are tracked in US numismatics so if a new, really rare coin comes up, there's no way of comparing it with cataloged dies. I believe the only thing we can do is compare the newly discovered rare coin to known coins and look for gross discrepancies. Very minor discrepancies might be dismissable since it seems dies aren't cataloged.

>>25587585
>>25587741

Thank you Pan Man

>>25587811
we track dies in the US, but the info isn't available to the general public unless someone that studies dies decides to publish it. It's just too much info and it hardly ever matters unless you're looking for counterfeits or restrikes. Or die errors due to damage.

>>25588054
Thanks again, knowledgeable numismatist. I've only ever seen dies sold by the mint where they destroy the striking surface. So the US Mint has die data for coins minted in the early 1800s? That would be a huge relief to me because of all the counterfeit Chinese garbage that has flooded in. It's good to know that there may be a way to identify even the skillful Chinese counterfeits and that it might even cost them more money than its worth to create an indiscernable counterfeit.

>>25587912
Isn't that a pretty short 2020- snapshot to be overlaying it with the other crashes? It does match up pretty well, but I think things are going to be a bit more explosive this bear market...

>>25581783
In your own image you may notice that all the cultures that produced these images were in the northern hemisphere. That is because the swasi is not a sun wheel; it is a star wheel

The swasi is an emblem of the start that tracks the big dipper around the north star. That is why only people in the northern hemisphere could come up with it as opposed to a generic sunwheel.It is intrinsically a symbol of those that looked up at night.

In hoc signio vinces

what's the consensus on pure gold Jewelry / wearable precious metals? Seems like a functional way of storing and transporting gold ie. on your woman's body.

I took everything out of my safe a few months ago to count everything and I forgot to put away my silver eagles. I put them somewhere and told myself I would them away tomorrow. I open it today and I notice something is missing I literally poured every drawer on the floor looking for them I can't find them anywhere. I fear that I'm never finding it. They may have fell into the trash or someone stole it from me. I guess i'm just trying to cope. I'm so fucking annoyed at myself right now.

>>25588379
Huh I never knew that even though I've seen that pic before I never put two and two together. The only one that isn't is Peru but it's just a few kilometers south of the equator

>>25588440
Check out mene jewelry, it has pieces relatively close to spot price.

>>25588504
Damn that's gotta hurt. It's helps to vent in situations like that. Maybe journaling can help too.

Wow so copper is sold out Everywhere and the premiums are massive. Wow! You can't get anything over a pound! That crept up on me holy shit. I really took that for granted thinking I'd be able to get some any time I wanted.... I managed to grab about 4 pounds through various retailers.

>>25588440
The easiest way to get Gold through Customs and across borders. Also one of the only forms of Gold that no Government will ever ban.

>>25586659
Blue lagoon has a measured and indicated 2 billion dollars worth of copper at current prices. They are a 30 million market cap I believe. I bought. They have no debt. Own the land outright. It's retarded not to buy them. They are everything bayhorse was supposed to be and more.

>>25588440
>>25588941
based and mafia-pilled

>>25588941

The Blue Lagoon market cap is 3x higher than Bayhorse, silly to compare them like this. But presumably you're aware that Bayhorse has 7 million silver ounces in their 43-101, whereas BLLG doesn't even have 1 million.

Bayhorse's concentrate also has 11% copper. "500 - 550 lbs per ton X 3.50 = $1750-$1900 per ton."

You have no evidence that Rana Vig would be more efficient at getting into production than Grame O'Neil. The reason why you buy BHS is because it's trading at 0.5x cash-flow. By the way, I own both stocks.

>>25588669
Thanks maybe my mother put it away without telling me somewhere but I kind of doubt maybe it will just turn up but this past year I seem to losing my memory due to staying inside for weeks it's not the only thing i've lost in my house this year but it is the most expensive.

The anti-Bayhorse shilling is becoming obsessive.

Anyway now to bed properly this time. We're going to have a busy week with everything going on.

>>25581361
go to bed peter, youre drunk

>>25589035
Yeah it could be that you just lost it. I've noticed problems with that too

>>25581563
based anon heres the full res

>>25584294
They cheated again. Stopped counting and pulled the same shit

>>25584930
>>25585114
What are those and where did you get them?

>>25586659
How is blue lagoon risky? Don't they have no debt and own their property outright?

>>25586870
What would you do if you had money in stocks that you couldn't pull out? I have it in three mutual funds.

>>25588440
Super based. 24k gold jewelry exists specifically for this purpose. 2 or 3 bangles on each wrist and a pennant around the neck and you can easily get 4-5oz of gold across any border this way.

>>25589029
Blue lagoon is a copper play, not a silver play.

>>25589568
I just realized how mechanical and shit my life is

>>25589878
what took so long lol?

>>25589580
I think the ones in my pic appear to be Guldengroschen, the predecessor of the Joachimsthaler. It was just a random pic from the internet that I used to represent medieval coinage.

>>25589965

>>25589553
it was expect to happen, war was inevitable.

Oooooooooooo

>>25579312
Less production means less supply to demand ratio which means prices go up not down

What news/info sources to. You guys cruise to stay current? I do...
/pmg
Goldseek
Silver seek
Gold ventures
Kitco interviews (but the news articles are garbage)

>>25590963
+@JrMiningNetwork
+@GregMannarino

>>25579006
there is none, instead of buying Maples he just overpaid and now has to talk himself into the fact that with every tube of Eagles he lost 1oz of additional silver for nothing

OH NO NO NO NO NO

When will pure gold mining go up?

Daily remember, we're all gonna make it

>>25591515
do u have anymore anime silver pictures?

>>25591603
Nope sorry

>>25591629
Do you have the soft puffy pillowy dreamy butt with silver bar resting lightly on the thigh pic? I could use a little cheering up right now

>>25591652
Once again, nope sorry. I have this if you want

>>25587000
same desu

>>25591603

>>25591603
pt 1

>>25591672
and now for the og size

>>25589029
Good to see you posting again, silver miner anon. I have a few miners I’ve stumbled upon that I would appreciate your input on. Please let me know if you don’t mind taking a look and I’ll post them.

>>25591695
Thanks anon

>>25591848
no worrries man
thanks to the anon who put them together

10Y yield is above 1% meaning 10Y bonds selloff happened.
What will happen?

>>25589029
Based silver miner bro shitting all over retard bayhorse FUDers.

>>25591672
>>25591695
>>25591720
Thanks guys

Just bought this for my gold coins (mostly 20 francs from Latin Monetary Union). Old gold coins cases are comfy. There's beautiful ones but very expensive

>>25578631
Any euroanon mind sharing European bullion dealers? Used to buy from bullionbypost but now with Brexit not sure what to do.

>>25592182
What country are you from anon ? I know only for France or Belgium

>>25592182
Goldsilver.be has variety and fair prices but shipping is slightly expensive. However, they process really fast. Ordered on dec 14, and got my delivery next day in eastern europe.

>>25592215
>>25592324
Thanks I am in Portugal, used to get next day delivery from bullionbypost, but now they have paused the orders until 11th. Will try the goldsilver

>>25591478
>he fell for the pure gold meme

>>25592072
Any chance you’re >>25573949 from last thread? If so, nice grab on that man

>>25588941
Source? I went to their website and they only have I&I ~170koz Au, ~800koz Ag at Dome Mountain. Couldn't find any other mineral resource estimates
>>25589029
Counterpoint time:
>The Blue Lagoon market cap is 3x higher than Bayhorse, silly to compare them like this
Irrelevant; what matters is the market cap (or preferably fully diluted enterprise value) divided by the resources, or the value of the resources. Now I couldn't gind any info about the "$2B M&I copper resources" the other anon was talking about but if they do have that much then their market cap divided by the resource value would be 45M / 2B = 0.023x the value of the deposit, whereas Bayhorse at US$30/oz silver would be 15M / 239M = 0.063x the value of their mine. Obviously this is just quick maths -- I should dive deeper into these companies to understand and consider the value better, I really couldn't find that $2B copper resource estimate for blue lagoon for example
>Bayhorse's concentrate also has 11% copper.
That is a good point to add, something you can't just know by just looking at an Inferred resource estimate. I assume you're taking that from a bulk sample NR or something? Bulk samples aren't entirely representative of what is going to be mined necessarily but good info anyway. However also worth noting that Bayhorse's resources are Inferred, meaning that we as investors should be extra conservative when evaluating their mine, so a bonus 11% Cu might be contrasted by smaller grades or tonnages of silver than is estimated for example.
>You have no evidence that Rana Vig would be more efficient at getting into production than Grame O'Neil
Excellent point

>>25588669
>>25588379
Now for the really fun part. In the Altai region, Ursa Major is given great importance for its "pointing" to the north celestial pole which is considered to extend up from the sacred mount Belukha. Seven stars in particular are named as primordial shamans whose ability to transform into bears gives the constellation its bear theme. In the Vedic culture, Ursa Major is identified as the seven rishis and associated with bears, but no reason is given. Additionally, their folklore stated that the north celestial pole was connected to a sacred mount Meru in a distant paradise beyond a few mountain ranges and desert (which happens to be a vague description of how you'd get to the Altai mountains from India).
I highly suggest reading Geoffrey Ashe's "Eden in the Altai," which traces back the entire concepts of the fabled golden age and physical paradise to a prehistoric culture in the Altai mountains. He also argues that the entire reason for fascination with sevens ranging from the seven note musical scale found throughout Indo-Aryan cultures to the sacred seven of Jewish culture (which was really formed by copying bits from all cultures near them including the IE Hittites and Sumerians/Babylonians who had their own complex about seven sages and a distant sacred mountain after which their mountain-like temples were patterned) is due to that identification of the seven shaman stars of Ursa Major whirling around the celestial pole. Then for extra reading, check out "Denisovan Origins" by Andrew Collins and Greg Little for a look at some more interesting cultural links that can be traced to that region as well as to the Denisovan hominids who may be the primogenitors of those links. My favorite bit from that book concerns how three stars of Cygnus pass through the pole star position followed later by the constellation identified as Herakles, which is peculiar because of one of his labors being to deal with the three Stymphalian birds.

>>25579443
Nice dukaten

Are we just going to ignore silver being unstoppable??

>>25593069
Shhh, don't wake JPM

>>25593069
umm.. yes?

>>25593059
Thanks. Do you have any? 7 of my 10 piece set have poor edge finishing. Not used to that of the KNM. They look fine otherwise and none of my other coins have it. Some are good so yeah that's something to inspect before buying. I have a set of 1989 to 2000. Certainly want to collect from the 00 and onward too. This won't stop me though lol.

>>25593056
Thanks, good shit anon

>>25593177
Checked. Maybe a bad batch? I have this set and some few more from random years, some of them have milk spots though, I mainly stack them for their silver content.

>>25593407
Well they were produced in different years, I would assume a large percentage of this type of coin has the same error, or I'm statistically highly unlucky to get all the miss strikes. Or lucky if they're rare.
Do the edges on yours look fine? Different reed depth, double reeding, a mm or two blank space... these errors are just in one spot for me so check the full 360.

>>25593537
I haven't noticed any weird things on the edges, although I have more of them but they are currently somewhere else. I will check later

>>25593613
Alright man I really didn't notice until recently but I was surprised to see the majority with similar errors. Something to look out for. I recently got pic related. 1 oz replica of one Gulden. Doesn't (s)he look beautiful?

Should I buy a tube of 25 maples today? It's $1000 leafbucks which is like $780 USD.... Crazy premiums but hey the fiat is worthless anyway right

It used to be a bit difficult for me to drop lots of cash on PMs but then I realised, they're doing me a favour by taking my worthless fiat and giving me real money... now every time I leave the LCS I feel giddy, almost like I'm committing daylight robbery!

>>25593921
Nice, I think I have seen those before, those are .925 silver right?

>>25594080
Correct there's several unofficial 1 Gulden replicas from different producers. Trying to collect them when possible. I know Amsterdam Gold made one in partnership with Schöne Edelmetaal. But they won't respond to my emails.
Oh well at least I have an authentic Dutch trannycoin. The lion looks great though on the other side. >>25579443

>>25594055
You are committing a robbery. Historically speaking, it's absolutely obscene that us poorfags can stack pounds and pounds of precious metals in a single year.

>>25593997
I don't know how interconnected the CAD with the USD is, but just you know. 36% of the total dollar supply has been printed the last few months, while nothing has been produced due the lockdowns. That is Weimar tier, I not really sure about the euro, >>25593921 but as they are interconnected I would expect the same thing to happen. I have already noticed that things have been become more expensive in the Netherlands. Last week I have ordered some fish, it was almost double what I payed before.

>>25594177
For reference, Roman soldier would be paid one tenth of an ounce of silver each day in the military. That's 36 ounces of silver for an entire year of service. Being very generous and assuming they could save 50% of their wage after whores and alcohol, that's 18 ounces of silver in a year.

For reference, every single week now I am putting 500 dollars into silver, that's getting me nearly half a kilo, every single week.

I'm stacking in a week what took a Roman soldier a year, and I'm a POORFAG

>>25594232
The lockdown also killed velocity so the inflation hasn't turned into price inflation, yet.
When it hits we will be Weimar, same situation here in Canada

>>25594318
can someone theorycraft into how this plays out: If CAD dollar loses value, how it will impact canadian junior miners that show good discovery results?

Is.... is it happening lads?

>>25594626
Just woken up and stonks are green. If it's happening then I'm too comfy to notice. Time to prepare some coffee.

>>25579670
I've got one of them, excellent coin-proofs built in. Very patriotic.

>>25594305
Take into account inflation -- silver was used as money in the times of Ancient Rome. If a soldier could get by with 1/10oz per day then the state of the economy was great. It's like when everything that cost pennies a few decades ago that now cost more than a buck. The value of an ounce of silver was higher in relation to the goods and services provided by the markets

Jamie with the clutch

Little 1929 florin just arrived. Worn, but got it for much lower than spot price.

>>25595287
Stop chewing your finger nails jesus christ Im gonna vom

nice florin though

Buckle up lads, today could be crazy if Pence has balls

Anyone know a gold watch which has the best price/value ratio in terms of weight? Thinking of buying something to wear for daily usage and I wanted to get a Rolex Datejust or something similar but it is overpriced as fuck for what you are getting in gold.

Why is gold & silver suddenly down? I thought JPM hasn't woken up yet?

>>25595850
You're not buying luxury timepieces with the intention of getting its weight in gold. Those have collector/status value and are worthy of investment in that regard if you understand the collector value. As gold investments, they're not really that good

>>25595915
The last stand of shorts

>>25594437
> total retards guess:
If/when we start hyperinflating, people will start dumping their canuck bucks for real assets, gold/silver will moon and supply will dry up. People will have cash and no gold/silver to buy so they will buy bitcoin. I don't think the average person will be buying junior mining stocks or any stocks at all when they can't put food on the table, the big money will probably flow into the mining sector and moon the stocks.

Ya'll bought any digital silver lads?

>>25589553

Did they really need to? I mean, how did they expect anything different? That party has already demonstrated they need to be liquidated and replaced. IDK, neo-whigs or something.

Anyway.... politics is gay. Important thing is this: Gold go up boyos.

I hope we crash 25% today, I need a sale
checkem

Also, another question as I'm still wondering on what to do.

Current stack:
>7oz gold
>45oz silver

Both are stored in Singapore at the moment as I am not entirely comfortable storing them in my current EU jurisdiction. I have another $10-15k USD ready to go for another big order and I'm thinking of just increasing my stack of gold, but I've been told numerous times here that:

>it is retarded to store PMs offshore as you cannot access them on short notice
>I have too little silver

So my thought is maybe to order a 500oz monster box of Britannias and store that at home, just in case. What would you guys do in this situation? Looking to hear from senior stackers.

>>25596854
500oz monster box of silver coins that is*

I have a system (buying and stacking through a corporate vehicle) for avoiding VAT liability legally as well as CGT on sales so taxes aren't an issue at the moment.

>>25596411
Fuck off with your beta imitation currency.

>>25596854
>order a 500oz monster box of Britannias
get Eagles or Maples, when you go to sell everything else is considered just a generic round

>>25596894
Why not if you already have enough physical? it is easier to buy and sell and you don't need space to store it. I know JPM manipulates it, but I don't think it will matter the current year.

>>25597002
it should matter, if they can't manipulate it then costs for electrification and green tech in the US will be much higher, manufacturing will have a harder time

>>25597002
> space to store it
Trusting jew to store your silver, oh boy. Good luck withdrawing it or money equivalent when markets crash.

>>25596971
I need to use Britannias as they are considered legal tender in the UK, where my corporate vehicle is based, and thus tax-free for CGT purposes, so can't buy maples or ASEs unfortunately.

Is anyone buying bitcoin in here?

>>25597170
The same can be said for stocks in companies
>>25597149
But can you really influence this, or should you ride the wave and profit from this

why do people always talk about gold and never about silver? am i missing something, i thought silver was undervalued in comparison. or is it one of those things people just say, talk right out of their ass to sound smart?

>>25597234
nice, Britannias are sweet, we pay a premium for them in the US that's tough to get back here

Interesting microcap miner I want to share with PMG:

Blind Creek Resources (formerly Blende Silver Corp). 3.3m market cap explorer with two silver/zinc/lead properties in the Yukon and NWT. Tight share structure, very high insider ownership. Share price down significantly from August highs. From their investor fact sheet on their flagship Yukon property:

"• April (2018) Maiden NI 43-101 Open Pit Resource Estimate includes 32.98Mt at 5.03% ZnEq Inferred plus
3.65MT at 5.18% ZnEq Indicated*, at a Base Case cutoff grade of 2.0% ZnEq, which is approximately
equivalent to an NSR cutoff of CDN$39.35/tonne. *Moose Mountain Technical Services NI 43-101 Resource
Estimate and Technical Report dated May 25th, 2018.
• Indicated Resource represents 0.16B lbs of Zn, 0.16B lbs of Pb and 4.19M oz of Ag. Inferred Resource
represents 1.46B lbs of Zn, 1.362B lbs of Pb and 33.98M oz of Ag."

CEO.CA comment: "Number of high grade silver intercepts:
- 228.4 g/t (6.66 oz/t) silver, 9.71% lead, 5.48% zinc and 0.78% copper
- 136.1 g/t (3.97 oz/t) silver, 6.74% lead, 3.65% zinc and 2.43% copper"

One problem: management is viewed negatively and has been described as untrustworthy, "shady," "assholes," and "greasy bastards." Do your own DD, just an interesting find.

Commodities are up except gold and silver. When will this manipulation last?

>>25580608
Lel John Law

>>25598116
https://twitter.com/LawrenceLepard/status/1346805366135386114

>>25597782
Gold is the classic safe haven, silver is less so. Silver is considered a combination of industrial and investment metal and is much more volatile and unpredictable than gold in its price movements. Gold maintains its value fairly well (though there are fluctuations of course) which is why it's talked about as a hedge against inflation.
>>25597849
Thanks, I'll look into the company when I've the time

>>25593069
Thanks for the reminder. Gonna dump 200 million ounces on the market in 10 minutes and buy some buttcorn with the profits.
t. JPM

>>25581760
What's that ball at the bottom centre-left?

>>25593010

Thank you for your thoughts Finland anon.

>couldn't gind any info about the "$2B M&I copper resources"

BLLG has 750,000,000 pounds of copper, you can see it in the 43-101 for the Big Onion. Juniors typically attribute 3 cents to a pound, so I presume that he multiplied the number by 3 and got about $2 billion.

>Irrelevant; what matters is the market cap ... divided by the resources, or the value of the resources.

Not so, because, as I have said, you buy Bayhorse as an absurdly undervalued producer, not an explorer. Pacifico anon (zfhX6r+z, sorry that I can't come up with a better name) brought up another small producer here the other day, Starcore. They only have 2.2 million silver ounces, similar market cap to Bayhorse, but all the mining insiders agree that they are absurdly undervalued. Why? Leaving their gold aside, simply do the maths for 120,000 silver ounces per annum (their production) at $100, $200, $300 silver, over a 10-year-long silver bull market, then project multiplying the stock by a 30x cash flow valuation, which Starcore was actually trading for during the last bull market, and which many stocks tend do in that environment. Then consider that Starcore, like Bayhorse, is valued at a $16 million mcap. Production changes everything; that is why Vangold is going to soar when it gets unhalted.

>However also worth noting that Bayhorse's resources are Inferred

First, doesn't really matter when we are comparing 7 million with less than 1 million. Secondly, Blue Lagoon only has 341,784 indicated silver ounces, the other 473,890 inferred.

>>25597849

Somebody kept bringing up Blind Creek here about six months ago, and ended up losing all their money. See the chat for what Blind Creek did in August, they are predators. SSE is still so cheap and keeps adding so much value every day that I simply accumulate there for my ultra-speculative silver microcap bet. I really liked that post which @HDLR made about the CEO, Brian Penny.

>>25599219
>See the chat for what Blind Creek did in August
how do you access pmg archives?

>>25599219
Thank you for this warning about the predatory nature of Blind Creek. I read the chat from August but didn’t fully grasp what exactly they had done to shareholders. Oh, well. This is why it’s so valuable to discuss these mining stocks here on PMG so we can share our perspectives on what is a very complex industry. I have a few other companies I’ve discovered which have piqued my curiosity: Rockhaven Resources, Silver Range Resources, Canasil Resources, Silver Predator, and Southern Silver Exploration. If you’re familiar with any of these, I’d love to know your thoughts. Thanks.

>>25597849

By the way, thank you again for your extremely kind words Pacifico anon (and author anon and Finland anon and everybody else). Silver and mining stocks are breaking out, so I have started coming here much less often and it is best not to expect me to be here any more. But just wanted to let you know that you are among the kindest and most intelligent people I have met, even though I have no idea who you are.

>>25599502

I mean the chat on ceo.ca. ceo.ca is the best web site for researching mining stocks.

https://ceo.ca/BCK

At over 30 cents per share, BCK did this, and crashed the share price by 75%:

"PRIVATE PLACEMENT

Blind Creek Resources Ltd. has arranged a non-brokered private placement of up to 18 million units at a price of five cents per unit for gross proceeds of up to $900,000 per a price reservation dated July 13, 2020. Each unit will consist of one common share and one-half of one share purchase warrant with each whole warrant exercisable at 10 cents per share for a period of 30 months from the closing."

"WTF?"

"I've never seen a PP so low compare to market cap. There must be an error."

"18m shares, 70% of the float, bastards"

"Make sure you contact the regulators to alert them to this placement. I will definitely do that"

"i hope the regulators will pick this up "

Wasn't much discussion in /pmg/ other than my talking about the incident and explaining to that one person what Blind Creek had done, and warning people not to invest in it.

>>25599618

Sorry, I don't know much about any of them other than a few tidbits of irrelevant trivia. e. g. I remember Dominic Frisby using Canasil Resources as his example of what junior mining stocks can suddenly do during a bull market:

https://www.youtube.com/watch?v=M_BD0ehlMLE

But he also said that he "didn't know anything about it," and that it had simply sat in his portfolio for years.

>>25598235
interesting stuff. thank you

AAAAAAAAAAAAAAA
IM FINANCIALLY RUINED

>>25599219
>BLLG has 750,000,000 pounds of copper, you can see it in the 43-101 for the Big Onion
Ah, I somehow missed Big Onion entirely lol, I went right into "Technical Reports" and it only had Golden Wonder, Pellaire and Dome Mountain. Indeed, Big Onion has a historical 43-101 total I&I estimate of 640.9Mlbs Cu, 17Mlbs Mo. Don't know how I managed to miss that, thanks for pointing it out to me. I'll do my own math here:

Cu price: US$3.6/lbs
Mo price: US$23/kg = US$50.6/lbs

Deposit I&I in situ value:
640,900,000lbs * US$3.6/lbs = ~US$2.3B
17,000,000lbs * US$50.6/lbs = ~US$860M

So this deposit's value in the ground should be about US$3.16B. Impressive stuff, let's keep in mind of course that large porphyry deposits require a lot of capital to be able to turn a profit in the long term though

>Not so, because, as I have said, you buy Bayhorse as an absurdly undervalued producer, not an explorer
Good point, production cashflow and P/E have to be taken into account too. But the value of the mine itself is always important to note. My point was not that Bayhorse is a bad investment. As you can see, the company is valued only at 0.063x their mine's Inferred resources at US$30 Ag.

I'll have to consider production more in the future though... I'm focusing too much on exploration projects and this is the result it seems. I keep looking at the total value of a deposit but what's important is how much money can be made AND how quickly. Thank you for reminding me about that.
>First, doesn't really matter when we are comparing 7 million with less than 1 million. Secondly, Blue Lagoon only has 341,784 indicated silver ounces, the other 473,890 inferred.
True true, was just playing the Devil's Advocate a little bit. I like being contrarian, keeps me thinking critically about everything. I usually just count Inferred resources into the deposit without worrying too much about whether the ounces are in there or not myself :)

>>25600150
fuck screwed up the molly calculation

Mo price US$23/kg = US$10.45/lbs (not 50.6/lbs)

17Mlbs * US$10.45/lbs = ~US$177.7M (not US$860M)

>>25598264
28 troy oz of pure silver in a sphere(oid)

>>25599787
Thank you for these kind words. Your contributions will not be forgotten or taken for granted. You’re an advocate for liberty, financial independence, brotherhood, and a better future. We will continue to spread the ideas and advice you’ve shared with our families and communities.

>>25599618
Currently looking at Rockhaven myself. Not much to say so far, still very early at it. But I'll say that their PEA has some encouraging numbers. I'll add those others into the backlog.

>>25600428
Cool, where did you get it?

>>25600535
rummaging through the junk at a local coin shop back in 2016ish
I miss the halcyon days of silver

>>25600521
Rockhaven is interesting: up to 30m oz silver for a 38m market cap. Their share structure is a little loose though.

>>25600745
Thanks.

>>25600765
...Are we talking about the same company here? Their share structure is alright if you ask me. Under 50% in retail hands and only about 13% dilution to come with warrants and options right now

Bayhorse down 10.5%, buying opportunity?

we got too cocky silver bros

my stonks

>>25600765
They also don't have 30Moz silver lol, they have almost 30koz though. This is a gold company more so than silver.