/biz/ - Business & Finance

>>25662160
what is this image for ants Baker

>>25662160
First for

First for Happy Holidays!

>>25662238
No, check the link.

I've finally DCA'd in to my positions for this next leg up.


I spent all NOV/DEC buying dips.

Time to get /cozy/ and watch green lines

People are speculating a buyout of Great Panther Mining (GPL) on StockTwits. Any truth to this rumor?

which one of you fuckers sold

>>25662285
dont want to make an account, TL;DR?

>>25662359
doesnt matter; buy the rumor, sell the news

>>25662359
link?

>>25662409
>>25662559
https://stocktwits.com/Frankthetank007/message/270726030

>>25662372
This basically says that this is digital aids. Look at mike Maloney part 2 video about bitcoin for a bit more info along side this.
https://www.youtube.com/watch?v=J9zUw5VFy6Q
https://youtu.be/oe3y-OdNSsw

>>25662625
>>25662359
>Any truth to this rumor?
>Investors relation said they're just finalizing the purchase.
Just send them an email and their IR will tell you then

>>25662160
My dad just gave me this Silver Kennedy Half Dollar from 1964, it was from when he lived in Arkansas in 70s (we live in uk)

How much do you think it is worth now frens?

>>25662360

Monarca is a scam stock. SSE is far better as a highly speculative silver microcap.

@oldbanker:

"With north of 200million shares outstanding, this thing has not enough resources in the ground to have a substantial rise. High cash burn rate (god-like salary).. nah, not my kind of stock."

"What a dilution machine this has become! Insiders dumping, naive imvestors buying... Ouch."

"Insiders dumping. No chance to get Tejamen going, and we all know the San Jose property is not worth the new market cap gain. Huge dilution... I see nothing positive here."

"I was right, the insiders are laughing all the way to the bank. I see no real potential here. Massive dilution, Tejamen chances are at around 0% and San José was bought very very cheap recently... Compensation for CEO is stellar... Nah... I warned you."

Load up on CLF lol

>>25662698
I actually didn't see that guy's latest reply until I took a new screenshot, so it looks like he's already done this. Hope GPL doesn't fucking crash, lol.

>>25662625
probably $GORO. Mexico, cash rich, this will help GPL's position. Also I'm bagholding $GORO at a loss and just got my Fortitude shares from the recent split, so I'm a bit less salty about $GORO at the moment and want them to do well.

>>25662834
> didn't buy top to sell bottom
You will make it anon

>>25662834
when there are 2 consecutive red days on the close, I will. Otherwise it's just chasing momentum. CLF pumps in cycles. Anything under 20 is a steal, but I don't want to pay bullshit premiums on my leverage so I'll wait for the dip next week.

>>25662892
interesting. never even heard of $GORO, desu. is this good for GPL? seems like there was funky price action the past couple months, so I'm wondering where we go from here. hopefully it'll help your GORO bags if that is actually true, lol.

>>25662731
nice, 10 bucks

Never Forget.

>>25663663
>Include me in the screen cap
He actually got in!

Tudor Gold has some great news from their Treaty Creek Project
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1960-tsx-venture/tud/90672-tudor-gold-intersects-3-286-gpt-aueq-over-82-5-meters-within-531-0-meters-of-0-999-gpt-aueq-hole-gs-20-92-and-1-112-gpt-aueq-over-532-5-meters-within-1-033-5-meters-of-0-856-gpt-aueq-hole-gs-20-91-in-the-300-horizon-of-the-goldstorm-zone-at-treaty-creek.html

I was searching for something on Google and saw that one of the top search terms right now worldwide is "cryptocurrency stocks." I consider this to be the same capital flight that will soon rush into the mining stocks. Good sign IMHO.

>>25663663
legendary moment, instantly BTFO'd

>>25663193
generally the market loves mergers and acquisitions, though god knows why. When Boeing bought Hughes and then sold off everything of real value, BA skyrocketed. When BA bought out McDonnel Douglas in 96, BA went to the roof, but all the shit management of Douglas kept their positions, and they had run the first company into the ground, and guess what happened to BA in the long run? Overly hierarchical, top-down innovation stifling culture, and now BA lives off subsidies. Then again, Microsoft has profited well off their M&A activity. So it's kind of a toss-up as to whether this is bullish in the long-term or not, but usually this is a positive driver for all involved.

Daily reminder that we're all going to make it

>>25662834
When are you going to cash out for physical PM?

>>25663837
What do you consider to be “good” drill results for Ag and Au? What about “great” and “bonanza drill results? Is there a standard classification?

>>25662160
>>25662238

>>25664078
thanks for the reply and insight, fren.

>>25664516
I am in the middle of a zoom call right now but there is a pic that I have that will explain the numbers best.

The numbers are important to each type of project, open pit vs underground specifically.
I would post the pic but I cant seem to find it in my mines info folder, if i find it in a minute I ll post it.

Looks like another slight pull back before we go higher.

>>25664516
Here's some good links I've found, they're also in the miner pastebin along with other good sources of information

>Information regarding drilling results & ore grades and how to interpret them:
https://www.amscot.com.au/Download/Download?file=Interpretation_of_Resource_Company_Announcements_-_Overview.pdf
https://undervaluedequity.com/drilling-results-how-can-you-determine-if-a-mining-companys-drill-results-are-of-low-medium-or-high-grade/
https://www.mining.com/web/making-the-grade-understanding-exploration-results/

>>25664697
>>25664751
Thank you both.

>>25664500
>When are you going to cash out for physical PM?
Never, he will get so greedy either the market will crash, or counterparty will default
NGMI

Ok bros seriously why the fuck is the gold and silver gang now sucking up to the crypto crowd?

https://youtu.be/7szGiPWFLIM

I never thought I'd hear Mike Maloney saying that it is not too late to buy btc at fucking 40 000 USD when gold is sitting at 1900 an ounce and silver at 27 an ounce. The clown levels of this world are getting out of hand. I am so tired. Can someone restart this simulation, please?

>>25664920
No this is how it's going to be ATH or near ATH forever no up or down.

For those that want to get into miners, This will also help you understand the stock. https://www.youtube.com/watch?v=WEDIj9JBTC8..
>>25664920
Buy the bubble goy

>>25664920
This is odd. How much more room does BTC realistically have to run? Especially since no one knows what it does or what problem it solves.

>>25665079
I have a feeling Shit posters were right about it going to 100k

>>25665000
Mike was the guy who originally red pilled me on not trusting any fiat and saving in sound money. I cant believe that his actually shilling the crypto hyper bubble. Furthermore his argumentation why btc might still be a good buy was straight from a zoomer moonboi video. "Just use a log chart and everything seems good". Jesus Christ I've really seen it all now.

>>25664697
Following up from last thread:

Which is the better strategy? Going for Water Ecology jobs with a bachelors in Aqu. Bio, or going for a masters in Geoscience? I tried looking on some job sights for Water ecology positions but came up with zilch.

>>25665155
How do you discern truth from fiction? By looking at both sides.

>>25665079
Well according to the rainbow meme stock to flow chart it will reach 100k somewhere during this cycle so I guess that's the limit for the next four years considering the bubble keeps going? That is what Mike was referring to anyway.

>>25665000
I'm up $2000 on an Eth investment of $5000 a few days ago. Got lucky to get in literally hours before the big boom, but have conservative short positions all the time in case it goes bust. Once the bubble pops all proceeds will go to PMs or miners (which they would have anyway).
Already have 1500 oz of silver and 28 of gold, so either way it goes I'm set.

>>25664920
>>25665155

You only need to look at Peter Schiff's Twitter feed to understand why many people pander to the crypto-mob. At least Rob Kientz, DesoGames, and Peter Spina haven't done so, and never will. Remember, Mike Maloney has got a number of things wrong. On the advice of his fear-mongering friend Chris Martensson, he was completely on board with the coronavirus hoax in January and February, and said that millions of people were going to die. (I say this as someone with the utmost respect for Mike Maloney.)

>>25665269
You are playing the bubble with hedges in place and understanding that you need to eventually cash out to other assets. That makes you infinitely smarter than the average crypto HODLER. Also I am jealous of your dragon hoard. You have already made it.

>>25665214
Go for the water ecology jobs, going into geoscience is good as well but a lot harder to get into the work space due to how hiring is based. The best way to find jobs from mining companies is to go to different company / project websites, and contact their HR departments. You would be surprised what comes up. Also you may need to look around in different states as well, just because nothing is available in one doesn't mean there arent loads of positions in another.

>>25665305

Add to which, Mike Maloney's heart doesn't really seem to be in gold. He's always so proud to boast that he's a "cycles guy," not a "goldbug," as if he's truly "above it all," and that he'll be dumping his miners and metals on everybody else at the peak before the price completely collapses again (as he seems to presume).

>>25665079

As Alasdair Macleod says, even if BTC becomes the greatest bubble in the history of man, it will immediately collapse to zero the second the reset happens. When we go back to gold, BTC will be left stranded without a purpose and completely deflate, just like any other bubble (stocks, bonds, Tesla).

>>25665404
Yeah he is not as much waiting for a world monetary reset to sound money as he is waiting for a PM bubble to form in the FIAT system. Once the money has rotated to PMs he would be selling his stack for real estate and stocks. That was his original plan as a "wealth cycles" guy.

>>25665305
>Remember, Mike Maloney has got a number of things wrong. On the advice of his fear-mongering friend Chris Martensson, he was completely on board with the coronavirus hoax in January and February, and said that millions of people were going to die.
to be fair a lot of people thought along the same lines, fear of the unknown at the time

>>25662770
thanks brother. i will dump Monarca shortly. I have a limit order on Silver Spruce but it hasnt executed

>>25665590

Ron Paul knew it was a hoax from the start. I'll always respect him for writing that article "The Coronavirus Hoax" at such an early period of time.

We got a silver sitfolio 1/7/21 update lads
>picrel

Vangold, Aftermath, and Aya Gold & Silver have been added to the (BIGGEST) tier. Thoughts?

Guys I'm buying silver for the first time and I'm confused.
Is there any reason to buy coins over bars? Coins seem to be cheaper despite having the same weight as bars but I thought coins was worth more because they have design and stuff

But silver is silver right? It shouldn't matter

>>25665269
ETH since $238 back in June '20 only wish I picked up more then. I went in heavy at the same time on Phy AU & Ag and miners (which got crushed).

>>25665789
Coins are almost always more expensive.

>>25665857
And if there not does that mean something's up? Because I'm buying from Silvergoldbull and their silver coins are cheaper than bars

>>25665908
No. Generally it's the weight that matters. If you have the same purity and same weight they are worth exactly the same. Some coins may carry a small premium like American Eagles because some really prefer them over generic rounds or bars. But like I said, stack for weight. Rounds or bars both are equal.

>>25665661
Remember in China in late 2019 when street surveillance camera footage was showing Chinese people walking down the road and literally spasming and convulsing suddenly, and then presumed dead within seconds? Funny how that symptom has not appeared in the US despite millions of cases.

>>25665720
Aya Gold and Silver has such large reserves its ludicrous.

What sort of coin did they give Pence?

>>25666062
>lol just show them unrelated surveillance footage of some poor guy getting a seizure and call it corona

>>25664399
connect-4 tokens are 32mm
gold and platinum eagles are 32.7mm
anyone able to test if they fit the slots?

imagine playing connect-4 with gold and platinum eagles...

any tips for Australian miners? I already have Dacian & Silvermine. I want to dump 2 others that I am not even going to mention bc they are so shit and ultra diluted.

>>25666139
That’s actually a challenge coin, each member of Congress gets their own customized coin with whatever they want to put on it. I have one from my former house representative from my district when I met him

>>25665908
What this anon >>25666003 said. Welcome to the PM family!

>>25666003
So I've heard that AGEs and other sovereign mint coins don't get taxed on capital gains. Does this hold true for silver as well?

As a poorfag, is it worth buying gram gold? I literally can only afford a gram or two per month. I don't like what's going on right now in our economy, so i want my money elsewhere. I don't want to hold it.

>>25664399
never mind. guess what I found googling connect 4 with coins.
this should really trigger the /pol/tards of /pmg/

>>25666101
>has no reserves
They do have a nice <40Moz resource estimate though, with lots of exploration potential. Comparable to Aurcana in that regard.

>>25665720
> sitting on 11k defience silver shares
feeling comfy. I just hope Vangold will resume in Frankfurt exchange at the same time as in Toronto

>>25665720

I understand why VGLD is now in biggest. Made a couple of posts about VGLD in the last thread and its prospects as a producer.

>25654449
>25654050

Funny thing is, when I first brought up Vangold here, it was only in the "speculative" position in the Silver Sitfolio. Klondike was in "normal." I used to say that VGLD, KS and BHS were the best three silver microcaps. I always wondered who the person was in picture related? If I understand correctly, he listened and put half his portfolio into KS and VGLD.

>>25666062

Those videos of Chinese people collapsing in the streets were spammed relentlessly in /pol/. And now we never see a single one of them. I also remember all the videos of doctors and nurses wearing space-suits, like something out of a horror film. Reminded me very strongly of the kind of sensational propaganda we saw to get us to go into Middle-Eastern wars.

>>25666510

>>25654449 *
>>25654050 *

>>25666486
I think I got stuck with all of Sprott's early 2020 bags. My picks have been in the dumps since the August melt up. I didn't take profits.

>>25666294
awesome. are they made from pms?

>>25666541
Which company is buying El Cubo?

>>25666383
probably better off stacking silver, low premium generic rounds like buffalos is a good starting point, if you're set on gold just save money month to month until you can afford 1/4oz

>>25666651
Lol no they’re made out of base metal

>>25666510
Also interesting how this emerged just a couple months after the repo market crash. It’s like the perfect cover to explain an empire collapsing and a currency deteriorating into nothing. Throw in a little social engineering to engender compliance, complacency, and depression, and you have a neutered populace who will do nothing when the greatest bastion of freedom and liberty the world has ever seen collapses in on itself. Wear your mask, citizen.

>>25666684

El Cubo is a mine, along with a permitted mill, which used to belong to Endeavour Silver. It cost them $200 million to acquire, but Vangold made one of the best deals ever done by a junior mining company, and bought it for only $15 million. Bear in mind that the mcap of VGLD is only $30 million. VGLD was already an excellent buy, given that the mine was abandoned after the Mexican revolution, not depleted, that it was the most productive in its district in its day, that the Veta Madre (responsible for 1.2 billion ounces of silver) might intersect its property, etc. Now VGLD has immediately become re-evaluated as an imminent mid-tier producer trading at only 1x cash flow.

>>25666684

El Cubo is a mine, along with a permitted mill, which used to belong to Endeavour Silver. It cost them $200 million to acquire, but Vangold made one of the best deals ever done by a junior mining company, and bought it for only $15 million. Bear in mind that the mcap of VGLD is only $30 million. VGLD was already an excellent buy, given that their mine (El Pinguico) was abandoned after the Mexican revolution, not depleted; that it was the most productive in its district in its day; that the Veta Madre (responsible for 1.2 billion ounces of silver) might intersect its property, which would be like winning the lottery, etc. Now VGLD has immediately become re-rated as an imminent mid-tier producer trading at only 1x cash flow.

>>25662160
/pmg/ needs to take over some small island nation and form our own country. where we can stack shiny rocks and live free once and for all

>>25666816

Ok sorry I was confused as I just skimmed it over. Yes I am a holder of Vangold already - they were my 3rd largest position prior to the trading halt. Question is - when they resume trading, does this thing skyrocket on the open or we have time to pick up any more shares for a good price?

>>25666885
>>25667100

>Question is - when they resume trading, does this thing skyrocket on the open or we have time to pick up any more shares for a good price?

I'm not sure. I'll be watching to see what happens. If the share price doesn't react too much at first then I will double my position. But it might get instantly re-rated.

>>25667242
How will we know when they will resume trading? Would they announce that in advance?

>>25666707

Alright, sounds good. I'll switch to silver for now.

>>25667281
Yes, but probably the day of or night before. I have a small GTC order set for it.

>>25667281

Somebody who claims to have spoken to the CEO said "ten business days" before. But he has now changed to saying: "Looks like the halt might be til end of Jan/early feb now fyi." I think that the official announcement of being unhalted would come shortly beforehand. I only know what is in the ceo chat.

https://ceo.ca/vgld

>>25666510
its going to be a very interesting time when VGLD re opens for trading.

>>25666792

I think that Austrians and libertarians understood what was going on far sooner than everybody else, because they are the only ones who understand the economy. You are expecting the greatest ponzi scheme in history to collapse, and then suddenly, at the exact moment you thought it would happen, the best pretext ever is delivered to hide it, and control the angry population. The pretext was simply too opportune to be a coincidence. Especially when you know the history of previous hoax pandemics like Swine Flu, etc. Then when the early data came in about the Diamond Princess cruise ship and the like, it became blindingly obvious what was going on.

>>25667100
>>25667242
Asks and bids are at 0.335