/biz/ - Business & Finance

I made this thread to point of that Lundin mining insiders have been buying millions of dollars worth of shares over the past month. Buyout incoming or what?

I'm aware of URNM for uranium and SGDM for gold. Are there any similar types of etfs for old and gas that people are interested in?

Gutavo Petro was elected president of Columbia. He is an anti-mining left winger.

>>49828977
Anti-mining but supports the green sector which is reliant on the mining of metals*

Blue Lagoon brothers... lets post some copium for the love of Christ. I need some hope for their future. I'm in for over 50 grand and there hasn't been a shred of hope here. Where the fuck are their amazing assays? Why the fuck is Crescat not talking about them. Please QH pump the bags

>>49829073
Yeah, I though that they had a lot more holes to report than what came out but I don't really want to recheck all the news releases to make sure. There's also the deeper drilling campaign that started up several months ago and has been silent since. Maybe part of the silence is because Rana is holding onto some crap results and hoping to mix/bury them in with a release on the conclusion of drilling or something. Probably too negative but who knows?

If people like Saylor are in crypto, it's just a sign not to be.

>>49828610
KOLD bros, $3 natty is beckonig.
Sorry, BOILers, but you bought the top.

>>49829073
>>49829178
Hey let's buy high and sell low guys. It's over.

>>49829655
Oh, noes, BOILer bros, you got too cocky.

What is the connection between energy and a recession?

>>49828610
almost all of the videos are the same guy and i'm watching the first one to get an idea of what he's about and this looks like shit, buddy

I haven't watched the videos used in the OP myself but personally I think it'd be better to dump everything in a pastebin and leave the OP for recent events and news. Not willing to make the change for this particular thread unilaterally since I usually never start the threads anyway.

>>49830156

>>49830537
this series from one of those pastebins is sweet
>Mariusz Skonieczny: "I hate miners" video series demonstrating past companies or projects that have been unsuccessful despite all odds:
>https://www.youtube.com/watch?v=Qnco6XJkvNk&list=PLmubI4jYIeYWDxHcf1uq4rnhttXWlYoCU

Hello cmmg. I made a post in smg asking for advice, and I was told to re-post it here, which I think is a great idea.

What things do you look for when picking a company to invest in? What type of information do you look for? Do you make charts? How do you decide business A instead of business B?

All I know so far is that I want to invest in energy. I want to look into the specifics, and I would love to hear others ideas

>>49831120
Right, I think that was my post that directed you here. I like /cmmg/ because it's generally slower, comfier, and more educated, and you won't see it flip through the catalog like 10 times in a day.

Like anything else, it depends on your investment objectives, time horizon, and risk tolerance. Some people are happy swinging leveraged oil etfs, some are long on companies like XOM, etc etc.

For me, I love companies that are optionable, because I can write covered calls against them and recoup the entry cost over time. For example, if you have reasonably accurate pricing and timing on them, you can earn 20-30% a year with almost no risk while going long on a position. This means that you can recover the cost of entry after 3-5 years, all else being equal. Very powerful tool if done correctly. Think of it like a dividend you can apply to any stock. I'm doing this with UUUU, since I like the uranium and ree angle it offers.

In a normal economy, wall street prices in the future growth of a company based on its financials and forward-looking projections. In other words, the current spot price of a stock is what the market thinks the company should be valued at, accounting for future revenue. This is why beating analyst expectations is so critical! Other beneficial things to look at include properties (whether they're drill/mine locations, IPs, etc), free cash flow, whether it pays a divvy or not, etc.

Charts are useful for finding the current trend of an equity. You're not going to day trade these things, you're going to hold it for at least a year or two and get comfy. There's no harm in looking at it and seeing if eg the RSI and MA crossover of MACD look appropriate, and if not, waiting for a bottom. Shouldn't throw all your money into something all at once, either. Set a budget, maybe put $50 or whatever into stocks a month, more if you can. If you buy things over it, it gives you a better picture of what its average cost was (more data points).

I asked this last time but what's wrong with my portfolio consisting only of uranium and BTC if I get good entries? Planning on sub 10k BTC and just stacking uranium in like 6-12 months when the market bottoms out or at least starts to.

>>49831521
For now I'm learning every day and getting ready to start in the market for real.
I have decided that my first order of business is to get my accounts in order to start buying stocks (I don't even have a bank account)
Then, I am thinking about going long on energy companies. I want to start with something chill, something in which I don't have to check the price all the time. Stocks I could leave stored and I know they are slowly growing over time, or giving me some dividends. I'm not looking to be a full-time trader, I just want to be able to use the market to have some diversification other than just physical goods, and start building avenues of passive income over time

Thanks for you detailed post, biz has been super helpful. For now, I'm mostly on PMs, I plan on mining Monero, and with smg that'd be another avenue for gains. I think that if you diversify like that, you are super comfy. PMs are great in the sense that if shit hits the fan, or if I end up homeless or in a bad spot, I have something of value to trade. They serve that function, but the value isn't really moving - there are no chances the coins will duplicate themselves

>>49832275
What do you think about uranium anon? I'm in the same boat, new and looking for energy, also without a bank account. I'm pretty sold on the uranium thesis and just want to stack it. I also mine ZEC currently but just for the heat for some crops. Want to get a proper BTC miner once I get 240v installed.

The $5-$7 over spot price per oz on APMEX just seems too high for physical silver right now, so I'm looking at FSM.

Assuming this market rebounds in a few months, what security would offer the best return while having a low price per share?

>>49832409
I follow some youtube accounts that talk about the latest in robotics, architecture, and city planning. I have watched a video recently in one of them of a new nuclear energy system based on installing small rooms that produce nuclear energy. Think of a room attached to a factory. The system can generate power for the whole factory, without having to be connected to a huge nuclear power plant, or without even having it being connected to the normal electric network. If that succeeds, it could be implemented in many different countries for all kinds of purposes. I think uranium is a good idea, and I want to invest in it as well.
I am just a newbie though, but those are my thoughts

>>49832603
i was just looking at similar stuff, i really like the idea of decentralizing the power grid. my dream biz would be installing micro hydro, solar, biomass and nuclear plants.

>>49829073
We will wagmi soon just wait my brudda

So when the market crashes, will oil and gas producers and miners get hit too? I wanna scoop cheapies.

>>49831750
>what's wrong with my portfolio
>BTC
If you don't have any precious metals you aren't a real /CMMG/ nigga. Also we've discussed Bitcoin here a million times and 90% of CMMG is anti-crypto at least the current bubble which is currently popping. Most of us see crypto has the dot com bubble. If you want to speculate and try to get some money then so be it. The problem with crypto is everyone that wanted to get some already did. You have stadiums and celebs shilling crypto. All the hedge funds and other boomer pensions won't look at crypto again after this last crash, and they were supposed to be the exist liquidity for early crypto bros. Also Bitcoin market cap was 1 trillion or so. So even for a 10x it would require so much money that no one can even imagine.

>>49833013
I think the biggest flaw of crypto is that the fact that each coin can increase in purchasing power means that there is less incentive to use it for commercial applications. You have a bigger incentive to keep it than to spend it, so that leads to less implementation of it in commerce. It's like the opposite of fiat in that regard

>>49833013
>Also we've discussed Bitcoin here a million times and 90% of CMMG is anti-crypto
i know and idc, i specifically said *if* i get a good entry. im not new to crypto, i know how this works. personally im hoping for a $2k buy in, that's where BTC becomes a good price to me and the potential upside starts to outweigh the down.

the only things i have decent enough conviction about are cheap BTC and uranium. nothing else seems probable enough to offer significant enough returns to me.

>>49833278
It's just spectulation. Most coins are bought because number go up not because of utility. Leading to mass speculation. When there's no more suckers left to sell it to, the music stops and it goes into freefall because there never was intrinsic value so the price collapses.

So when mannerino or some one else says "all in on commodities", does that Mean commodity stocks?

When someone says "get out of stocks", are they referring to commodity stocks like miners or oil producers?

>>49829017
so the government will have to take over the mines to make sure that they're being operated in the greenest way possible.

>>49832649
>decentralization
Meme. The powers that be will never allow it. The writing is on the wall and thats the direction we'll move. No sense trying to fight it. I invest in companies I hate all the time because financially theyre the right move

>>49833652
I meant anti-mining as in he doesn't want to approve and expand them, but of course nationalizing is a concern as well.

>>49833839
you can't stop farmers from buying biomass plants if they want turn their cow poop into bitcoin

>>49833839
You are living in a self-fulfilled nightmarish prophecy. You give money to big pharma, kike entertainment, and goyslop inc and wonder why things keep getting shittier

Should I sell GCM Mining, since it's based in Colombia, given the election?

>>49833367
What about Kazatoprom?

BTC is a commodity

>>49834219
what about it

>>49834541
Do you think it's a Buy? I'm considering opening a position.

>>49834807
not at these prices imo.. but my belief is we're entering a major recession currently (fed upping rates, etc), and we've never seen how BTC performs during such a time, but I'd bet it's not great.

if you believe this downward market movement is just a dip or sell off though I could see it being a good price. but im naturally bearish and patient and would rather wait for more mass suicides.

>>49834874
Thanks but I was asking about Gazatoprom.

Also considering selling GCM Mining because of the outcome of the Colombia election. Any insight?

>>49835427
oh i have no idea sorry, even if i did my dd skills are dogshit. hopefully someone else can help you

>>49828610
I'm moderately into gold, about $20k into gold and a few thousand in silver (physical)

over the next few months I'd like to get into agricultural commodities, specifically meat
anyone have experience with things like beef/pork investing?

>>49835898
Tyson foods, pilgrims pride, Sanderson farms. and gunr etf

Uranium lads, how're we feeling? I'm bagholding pretty bad right now but looking to load up and DCA.

>>49829073
Be right and sit tight applies to Lagoon, Galleon and Irving. Patient bros will wagmi

>>49835427
I have always thought GCM was kind of sketchy, I dont know how they are not more profitable with one of the highest grade mines in the world in such a low wage country.
So yes especially with the poor outcome of the election on top I would sell if you can still get a decent price for your shares.

bros...

>>49828697
XOP
OIH

>>49833472
>So when mannerino or some one else says "all in on commodities", does that Mean commodity stocks?
Yes as well as physical precious metals
>When someone says "get out of stocks", are they referring to commodity stocks like miners or oil producers?
They are referring to general equities, such as most of the trash in the the S&P500

>>49837797
The moment the Fed shifts back to doing 50bps or 25bps rate hikes is the moment our commodity stocks, including uranium, will see big inflows of buyers again. Next 2-3 months are probably the last time we'll have to load up.

>>49830537
it used to be better but there was a shouting contest and this is what we get now

>>49831120
A lot of things. Balance sheet, earnings reports, project technical reports and feasibility studies, news releases, all of it. I don't make charts but I do look at what the trendline says and I like looking at what might have resulted in a conspicuous price movement in the past. How I decide between two companies is by comparing their market caps, the value I perceive and the risks I see. I generally like it when a company is more derisked and more of a 'sure bet', but ultimately nothing is especially when you're a speculator small cap gambler like me

>Chariot (AIM: CHAR), the African focused transitional energy company, is pleased to announce that it has signed a front-end engineering and design ("FEED") agreement ("Agreement") with Schlumberger and Subsea 7, as part of a consortium, for the Anchois gas development project in Morocco. Chariot, Schlumberger, and Subsea 7 will continue to adopt a "one-team" integrated and collaborative approach to safely fast-track first gas to maximise the return on investment.
Soon, reserve update, FID, FEED and development begins. Can't wait.

>>49833472
He said in a recent video that the only thing he owns right now is a commidity ETF, PDBC.
Obviously phyiscal metal as well.

>>49838608
Unironic MUST BUY if they figured out a way to make crickets economical to farm

hot off the wire

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1856-cse/irv/123370-irving-resources-announces-non-brokered-private-placements.html

Bros…should I keep on slurping Rio Tinto for ever and ever? Please respond.

>>49830098
Energy is an economy
The more expensive energy is the more the economy slows because the cost of everything goes up so money is less likely to be spent on non necessities like baristas and they lose their job because no one wants to spend 10$ on a flavored bean sugar water because groceries and bills come first.

No extra money means no extra coffee which means no extra jobs for people looking to work at starbucks.

Redpill me on Sherritt International.

good morning all how are things?
Fireweed Zincs getting going with drilling!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2125-tsx-venture/fwz/123381-fireweed-zinc-mobilizes-field-crews-for-10m-drill-program-at-macmillan-pass.html

Aussie Miners getting hammered!
https://www.mining.com/web/top-three-aussie-miners-to-shed-11bn-in-market-value-as-commodity-rout-accelerates/

https://www.mining.com/new-wyoming-facility-to-boost-extraction-of-rees-from-coal/

https://www.mining.com/web/germany-is-taking-steps-to-bolster-gas-supplies-habeck-says/

Looks like Libero Copper is tanking seemingly in response to the Columbian elections. Honestly not certain of any bigger explorers/miners in that country so I can't check how they're doing.

>>49843713
I guess I should have mentioned that Libero had been bleeding off for a month prior to this point based off of management dishonesty and a bunch of other issues, but the decline accelerated today being down 21% currently.

>>49843713
their BC properties could still be of serious interest, but their very remote. Columbia going socialist really hurts because they have so much mineral wealth but no way to access it with socialists in charge.

Atlas and Vulcan off to good starts today on the leaf market

>>49834541
>BTC is a commodity
It's not, gas yourself.

>>49839864
Irving bros got too cocky.

>>49838453
Thanks any tickers I should check out to replace them with?

>>49844743
Depends on what you're looking for I guess. I think Kinross is pretty good value here. $5.9B mkt cap for 2Moz+ of reasonably low cost production.
You can get more leverage with smaller juniors but that comes with higher risk of course.

>>49844743
REMRF

>>49844658
Yes it is

>>49847299
What can you build or power with BTC?

I saw on CEO that Colin did a private sale of all his Nevada King shares but I can't see anyone talking about it. Anyone know if that's real or some kind of glitch? Seems weird after he just bought in huge from the last PP.

>>49847859
Perhaps he just moved it to another account and it shows up like that.

>>49830156
>almost all of the videos are the same guy and i'm watching the first one to get an idea of what he's about and this looks like shit, buddy
its not supposed to be a high quality production video, just watch it to get the basic thesis for commodities

>>49834541
>BTC is a commodity
no it isn't. it's proof-you-waste-electricity.

The only way we can keep this thread alive is with AI generated greentext featuring Rana.

Ngl I feel fucking dumb for even bothering to look at commodities this early in the cycle. It's obvious this isn't going to even start to move until like mid 2023. We could just go fuck around on options lile /smg/ and actually make some money. Wtf are we even doing here? https://www.youtube.com/watch?v=xzbL_kUF1eM

what's the poo lagoon make-it stack? be honest

>>49847756
Ponzi schemes

>>49849069
I'm surprise we even got a thread with the market still closed for nigger day and all the "this is the bottom" threads flooding the catalog after the bitcoin crash

>>49849177
More like lose money playing that casino.
It's far better idea to just steadily accumulate commodities through this.

Really it would be the absolute best heaven sent case scenario for all of us to see a total obliteration of the commodity markets and a return to 2020 prices, because it would be the opportunity of a lifetime for anyone who didn't load up back then.
I really wish the hedge funds try to crash the commodities and scare everyone away by selling through these large resistances.
That's exactly what I'd do if I was a big player, because so many things are resting on big supports and push lower is enough to make people lose faith in the commodity markets and bail out.

>>49850320
>crash the prices of a thing that people are scrambling to buy because they can't get to work or power their fridge or TV or will freeze to death in winter without it
hmm anon. hmmm. now that I think about it, it's only a matter of time but I am fucking impatient and do stupid things all the time because of this, like selling 2 btc at 11k before a bullrun.
i'm older and wiser now though.

>>49849177
Just buy 100 shares of VALE or something and write calls as it declines in value

>>49849755
I still think it'll be a $3-$5 stock some day. 200,000 is the make it stack. 50k is pretty good.

based

>>49851487
Facts. But honestly the make it stack is 500k+. Suicide stack 50k

Okay guys. I'm bullish on oil. Fuck history. Oil and natural gas prices are gonna go up.

What is the most degenerate high risk high reward play I can make here if I expect the top to be between now and October? I'm talking a once in a lifetime opportunity tier shit. Should I just keep longing gush? Calls on something else? Calls on gush seem like a bad idea to me currently but maybe I'm just retarded.

>>49853106
>based
omega based, but isn't Japan the homeland of onions boys?

>>49853273
It's the land of a 0.7 birthrate

>>49853307
Not of I move there

>>49853270
Weekly OTM calls on leveraged oil and gas ETFs is about as degen/high risk high reward as it gets

>>49853106

Japan is quickly becoming the only nation civilized white man can move to after making it. Those guys aren't going to be changing their constitution any time soon.
I think we need to buy some Toyota stock along with the commodity bags.

>>49853605
I don't have the conviction for weeklies right now. I think we may go lower but I'm not sure when the jive upward happens.

>>49853270
Natty to $3.

bump

>>49855685
doubt
$4.50 lowest.

>>49853270
Short term technicals on oil are bearish. I'd wait two weeks. I'm currently in the middle of pulling profits and waiting to buy back in. I sold on Friday annd walked out with an average 75% gain. Looking for opportunities over the enxt few weeks to buy back in. Pull up the weekly chart of oil. It's stretched wayyyy over the 200 week average. Same thing happened with uranium in October.

>>49858089
yeah i think we've got a big move down with the economy for a "recession" and that's when I'm gonna go all in on some degenerate shit personally. I just don't see anyway this is like 2008 in terms of oil listening to people smarter than me talk about it. I've had a feeling that oil was set to pop but i couldn't exactly figure out why and after I listened to the last ep of macrovoices, I'm fully convinced oil is going to run easily. Particularly when I read shit about Germany wanting to start using coal again in the news. Green energy fags have made their bed and now they need to lie in it, so I'm gonna profit off them.

>>49858859
USA is a net energy exporter now. Literally short any energy importing country as the higher borrowing costs obliterate their makework economies and welfare states.

>>49828977
"anti-mining left winger"
that's like begging to have "freedom and democracy" brought to you.

>>49858907
To be fair, USA has been a net exporter of natural gas for a while I think and the largest exporter of it at that. But there's no fucking way on god's green earth that the USA is going to be able to meet the European natural gas demand once shit gets cold. I plan to rotate my oil trade right into natural gas once oil starts to peak this summer, but I think Europe is totally fucked.

I've heard a compelling theory that Russia is bluffing though and they're close to needing to shutter their plants because nobody is buying their shit but who really knows anymore, it's such a fucking mess. This administration is such a fucking joke

>>49858981
Not in 2008 it wasn't

>>49859022
Sure, won't deny that. but I don't know how to short a country otherwise I'd be shorting the shit out of Germany

>>49851487
>>49853265
Is this with commodity bullion in mind or if market conditions stay the same and the story plays out? In a bull market all the shit companies could 5-10x, but is Poo Lagoon one that could 50-100x?

>>49859048
short their currency

>>49860162
forex is too scammy for me and that's saying something

a dude on ceo says Atlas will go to at least $67

>>49860042
Blue Lagoon could shoot up a lot with good drill results or with news on their permitting being finalized, until than its just hurry up and wait. Too add though, a lot of projects right now are likely to get put on hold due to inflation / fuel costs, I dont think Blue Lagoon will be one of them, but some larger mid stage projects could be effected.

>>49839096
So from what I gather, blue chip companies are better for dividends, though they probably won't grow as much/fast.
Small cap companies are better for increasing in share price, though they have a higher chance of going bust

>>49858859
My mom works for race track and attends corporate conferences and meetings. Their meetings basically confirm all the research I do on my own and we are basically lock step with our forecasts from what she tells me they discuss. They said and my research shows that oil and gas will come down for the next couple weeks but then will resume in its uptrend and gas will go much higher, another dollar or so.

Im really fucking hoping this happens, because j pulled all my oil stocks this week, about $60,000 and am hoping to catch at least 20% on a bug back from the downside.

>>49863633
But of course oils already up a dollar on pre market and I'm like fuuuuuuuu.

Chart technicals showed a pullback, just like uranium.

>>49860841
Wouldn't be surprised if it did.
Part of me has wanted to buy Atlas for a little while now, but that stock has run thousands of % by now and I really don't want to chase it.
I have a feeling it may very well become the best performing stock of the last decade at the end of this run.

Got a lot of silver but that's it. What's next?
I need a good buy
Not sure about oil and uranium bros

>>49863831
Too early for now

bump

a little surprised how woke Sprott is, yesterday they celebrated juneteenth, today back to groomerawarenessmonth

Fuck this market.

https://www.mining.com/new-mapping-method-may-lead-to-discovery-of-new-geothermal-energy-green-metal-resources/

>>49870033
PAN MAN, have you been here?

I will suck off Rana´s entire village if he can just drop some fucking news or at least come out on some YT channel and talk about the actual progress they´ve been making. Blue Lagoon may be my only chance to 10x left before the FED game ends with CBDC

>>49828610
OIL CHADS WHAT THE FUCK WAS THAT? Short term technicals seem really good. Just a dead cat bounce? Options expiry was last friday wasn't it?

>>49870586
not that specific spot, thats pretty remote territory. I ve been all over the Valley of the Kings at Brucejack though and several other spots in the Golden Triangle. Fantastic view either way, just what every prospector wants to see.

I need help to get started mining. Here is my needs:
>need something easy to use on a whim.
>not looked at by govt
>goes straight to wallet

>>49870868
What the fuck was what? Oil has barely moved

Not like this bros... not like this.

>>49871172
Have you heard of bitcoin?

>>49872082
i want to slam my head through a wall. i have so much invested in bhs and it's done nothing but go down

>>49872700
>falling for pajeet scams

>>49872700
If only moar hat memes floated around the price would climb again obviously

>Tfw Azincourt Energy

Part of me is tempted to buy more due to the insane potential and very nice discounts.
But part of me thinks that these fuckers either are never going to get their assays done, or maybe they got them done and found nothing and are quiet because of that.

why is blue lagoon down -12%?

>>49872700
Dude, just fucking sell. I sold last January and can sleep at night now.

>>49873984
management video leaked

>>49873984
Volume is drying up so price is getting spikey. +17% the day before.

>>49872082
>$0.03 US
almost done

agpif bros...

https://www.mining.com/copper-price-rises-as-looming-strike-in-chile-add-to-supply-worries/

Lovely copper is only going to get more constricted.

>>49877020
Problem with copper is that it's reusable and the supply of recycled copper will only go up and compete with mines. Contrary to popular narrative there's also a lot of reserves in the ground, like 40 years worth. Unlike gold which is only like 15 years.
I wouldn't be long on Cu, especially going into a recession.

>>49878179
Forgot this. You often hear about how no new mines are being found. Well some are and you don't need many new discoveries because the mines go on for so long, sometimes 100 years.

>>49868257
yeah he's kind of all over the place
he thought getting jabbed was a good idea then 180'd so hard he sent out a link to a Clif High piece explaining VAIDS

What's a silver mine? A silver mine is just a hole in the ground with a lying sociopathic narcissist standing over it.

>>49873613
Don't go more than 1-2% of your portfolio. If you want to go overweight in a uranium explorer, pick Baselode, they have the momentum.

So it looks like in 2008 and 2020, the mint ratio spiked very hard very fast like a day or two before the market crashed

https://youtu.be/58e1tdGb0ug
Schiff pimp slapping the kitco whore

>>49880673
It's not even close to over for Bitcoin. Peter Schiff was so aggressive in this interview and was extremely based.

the natives are restless at ceo

>>49872082
Fuck. How much did you fags buy this trash for?
I'm glad I got here late and didn't have the opportunity to get memed by some cunt.

>>49881038
Unfortunately I think a lot got tricked by the notorious silver jew (I wasn't around at the time either) around that huge pump in 2021.
I don't think Graeme is a scammer and if you didn't buy during the huge hype pump the stock hasn't even performed much worse than other silver stocks.
Lesson is to be wary about hyped names. The more hype the higher chance that you are overpaying. Hard to get silver miners without overpaying though.

>>49879644
When I told you rectum rangers this a year and a half ago before this general even existed I was berated for it by the queermare cheerleaders. /CMMG/ only exists for this reason and still these idiots can't understand. So fuck them
I hope everyone associated with that wreck has their soul ass raped in the mouth until they die
Wherever silverminer jew is at, may he perpetually suck cocks for his daily bread. Fuck that nigger

>>49878208
>>49878179
very true that there is a lot in the ground yet, but demand has out stripped production for a number of years now, so we will keep seeing copper climb in price per pound.

>>49881956
Why do people call him jew anyway, did he admit to being one?

>>49882053
Bro.....

>>49882099
What?

>>49847756
loss of net worth

>>49881712
>I don't think Graeme is a scammer

Not in Bayhorse but I have been paying attention and am curious why so many people defend Graeme. As far as I can see he has pretty much just diluted and dumped on shareholders while stringing them along with "news" and future opportunities that never seemed to come to pass. The dude even refuses to leave Thailand because he doesn't want to get vaccinated for travel - or maybe that's just the latest excuse he's prepared for some future bungles. Granted I haven't done a deep dive on them. Just what I get from CEO and /CMMG/.

>>49882421
How do you know he's hiding in Thailand lol? I think that's just people memeing. I mean his track record isn't great, he had that other mine where he ended up trying to sell ore or whatever he was mining at the gate as well.
But there's a lot of companies like this. It's fair to say that they are misleading as they rely on raising more money so they have to attract investors. But I'm pretty sure he's trying to get the mine up and running. And will be succesful in doing so if he gets the last permits and more money probably lol. AISC is another question.

KING COAL
I
N
G
C
O
A
L

>>49882575
>How do you know he's hiding in Thailand lol? I think that's just people memeing

This is actually from a statement he made. He can't travel to the mine because of vaccine restrictions.

Is oil production catching up to demand?
I sold my RIG on the 8th and I'm looking for the next best time to buy.

>>49837797
It could get worse, still lots of correlation to the broad market(not 1:1, but enough). If the bear case of 3000-3400 on sp500 happens, uranium will be hit as well, we're already at pretty poor sentiment(just look at uranium YouTube comments) so I wouldn't be surprised if more people sold. More hikes coming, QT, Recession fears etc(look at oil selling off last week). Even so, uranium is cheap relative to other assets, and the demand wont go down even if a recession is here. I would keep some dry powder for the next few months(we could go up from here, I can't predict things that well either) but better to be safe than sorry. Overall the current bear market sucks and has really hit uranium, but this will eventually pass and the fundamentals will win out.

>>49883314
That's pretty bad but also low key based. Not taking the jew juice either.
>>49883444
Demand will plummet when the greatest depression hits in a quarter or two.

>>49883314
>This is actually from a statement he made. He can't travel to the mine because of vaccine restrictions.
not likely
if he refuses to get tested then he can't travel. But just refusing the jab doesn't stop him.

Honest opinions on Silver Miner Anon?

>>49882298
It's channel 4 dude everyone is a Jewish nigger faggot

>>49884701
Jewish nigger faggot scammer

>>49884701
Some people did well with Eloro, Vangold and even Klondike, his other picks haven't performed great

>>49883602
what price do you think crude will bottom at?

$90?

>>49884701
Nice guy. Smart. Generous. Very naive.

>>49884701
Needs to learn the concept of "strong opinions, weakly held" but otherwise alright
Lost on the horse but I'm still up on Guanajuato (Vangold) and managed to flip Klondike like a few others here so it cancels out

https://www.youtube.com/watch?v=utCaHjSlED0

Can't believe we are witnessing this again.

>>49885657
Klondike Silver really sucked to watch because they have a great property but they not only have no real intention of ever mining the properly, or even selling to a bigger company, they seemed to be just a total pump / dump. Its going to be ages before that property ever sees any real proper activity again.

>>49884701
>Honest opinions on Silver Miner Anon?
over zealous and poor risk management. bought into the hype that silver would moon. either that or just a really good shill

>>49886141
>Wait 4 years
>Went from 10k post crash to new 60k highs
I dunno, seems pretty safe once we flatline again

>EU targeting gold in their next round of Russia sanctions
Is this relevant to us?

Going to add 3,000 to my portfolio
What are 2 or 3 good options in the commodities market or adjacent stocks to consider?
Have stock in Tyson foods and BRFsa at the moment, but would like to diversify into energy or other things.

>>49828610
this thread is from monday, a wonder it's even still alive...
i guess we must be approaching the absolute bottom and it's time to buy more

>>49888569
Don't invest. The markets are gay and rigged. Just pick the absoue shittiesy and msot retarded investment you could ever make and you'll get like 500% returns. The more logic and conservative reasoning you put into an investment the worse it will crab and dump.

Who wants to start killing politicians?

>>49889333 (checked)
Itll probably be some meme bio stock

Do you guys recommend that I watch those videos or is he a meme?

i learned only to mess with etfs

why are agriculture commodities dumping?

>>49828977
Columbia is a state in US. Colombia is the country you talk about.

>>49891569
famine is getting priced in

>>49828610

silver went up 50% from a year ago is that correct ? am i too late into silver ?

>>49885323
$50. From my understanding 90%+ of production has cash costs below that level so it could easily go down there if oil demand dropped significantly. And potentially stay there if the recovery is poor which I expect coupled with transitioning to electric.

>>49892735
>silver went up 50% from a year ago is that correct ?
Almost the exact opposite is true
>am i too late into silver ?
Yes, inflation is over and the silver supply is infinite

>>49892735
Jokes aside, silver and PMs in general are usually the last to make big moves in the commodity cycle so out of all of the options you're still early and at a better entry point than many of us got in at over the past year or two, but you could still be in for a wait.

>>49844223
Over the past 3 months vul is up 28% and salt 74%. I just have small positions, but if there is ever a pullback I'm buying a lot

>>49874135
she was getting absoultely swarmed!

>>49891728
why would that push prices down? I’ve got DBA and WEAT calls expiring a few months after harvest this year and I’m expecting their price to skyrocket from fertilizer and the weather being fucked

are they already pricing in the lower demand once a bunch of goyim starve to death? or are they expecting theft and no payment?

Where should I be looking to enter oil? I was waiting for WTI crude to cross 100 I think but damn that looks like it's gonna happen earlier than I thought

i've lost a lot of money on commodities

oil bros...

my gains.. I'm getting fucking raped

Every time I see the markets take a shit I grow a bit more optimistic.
I'll now be able to nearly double my positions when I start buying more at these prices.
I hope they go down even more, I want the multipliers to go through the roof for the big run.
I'm in zero hurry with these commodities going up, they can take even 2 years of going down and crabbing before they start moving for all that I care.

>>49884701
> Honest opinions on Silver Miner Anon?
Needs Christ so he can take criticism. Other than that very nice and his DD is good enough for me. Wish he would come back if only just to drop his research.

Silver Jew if you read this I am putting my merited Anti-Semitism aside and seeing your good research for what it is. Appreciate you!

>>49895829

why is Polymetal dumping recently?

>>49895838

>>49895758
> I hope they go down even more
Based i am throwing in stink bids for galleon Gold. The horse if I get more funds.

>>49895846

>>49895856

>>49895865

for anyone interested in Nickel, heres a project i forgot about.
https://www.mining.com/fpx-indigenous-partner-sign-moa-for-decar-nickel-project-in-b-c/

>>49896434
I have been keeping an eye on these guys for a while now, seems like a very interesting company with potential.
Especially since they have that low environmental impact stuff going on for them, which might be a massive thing in the world of environmental over regulation.
I will probably start building a position on them once I'm done accumulating things that are faster to move.

Gold Mountain beatdown continues.

>>49897942
Starting to look really cheap, but there's a lot of uncertainty around their project. They only have a PEA. They also hired some indigenous company to mine for them probably to please their community, how skilled are they exactly? The indians seem to have more power in BC than they do in the rest of CA which also makes me a bit wary about investing there.

Will the EU embargo on Russian oil that is coming into effect in December lead to a shortage of oil tankers? Since oil tankers will have to travel longer less efficient routes, taking more time to deliver each cargo. Will it lead to higher prices?

>>49895829
>>49895838
>>49895846
>>49895856
>>49895865
>>49895885
Nobody wants you shitty bags retard

>>49899092
Has BHS ever done a R/S? Considering selling my bags (2400 shares, 70% loss) and waiting for something like that to happen so I can short it on my margin account. Same with a lot of other smallcaps that were shilled here. So far the only profitable thing I've held has been uranium.

Alphamin is also continuing to drag. Isn't that the company that had a buyout offer a few months back?

OOOOOOOOOOOOOOOOOOOOOOOOOOOO

what happened,uraniumbros...

its over for us. we lost

>>49900385
im sharting

>>49863787
thats because its a near pure salt deposit and its already considered to be a 100-year mine.

>buying commodities right before great depression crash and global famines
what kind of retard would do this?

>>49901288
What else would you own in a depression? Tech stonks? Hmmm. Good plan, buying TSLA right now.

Were we wrong? Did we lose? Is it over?

>>49897162
i agree, their main project looks really easy to develop for open pit, and milling seems extremely simple.

>bhs trading at 4 cents
fucking shoot me holy shit

>>49903275
im starting to think that precious metals will be kept at these levels forever

>>49903549
Basel 3 on Jan 1 2023
>hopium

>>49903549
I have held some cash for a while now. I think we still have further down to go in the coming months, 3k or below on the S&P I think is likely. Inflation will probably also tick down some as commodities come off their highs due to decreasing demand. So gold could easily dip as well a bit as well as gold stocks.
The turning point will be when the fed capitulates and shifts focus to the economy rather than inflation but that will probably take a little while. Powell said himself that he wanted to see several CPI prints trending down before declaring success.

>>49895275
Could pull back to 90 on the charts. That's what I'm holding out for. Athabasca oil is about 40% over the 200 dma. I'm waiting for it to go back down there before I buy.

>>49904359
I could see 90. As far as I'm concerned though there is nothing that will stop us from hitting 140-160ish.

>>49904371
This is only a short term pull back and then it will go to 150 and beyond. I'm trying to take gains on this pull back.

My only wish is that uranium wasn't so gay. These pullbacks and non performance have been brutal and there's really no way to predict them.

Good thing commodities keep us safe in these times of high infla-ACK

Inflation is over.

Only gold and dollars will survive.

holding blue lagoon is unbelievably frustrating

>>49905635
Holding fucking anything but Atlas Salt is unbelievably frustrating.

anyone know why Trillion is dumping so hard?

>>49905852
>why is a commodity eating shit when it should be going up
Been asking that for what, 2 years now?

>>49828610
This nigger has been staring at me for the past 3 days

>>49906192
he hasn't dropped a morsel of news in over 8 weeks so i guess its fitting

>>49905852
Everything's dumping dude

>>49901288
saw lots of these kinda posts in /smg/ today too
seems bullish

>>49906480
This is the truth. Everyone is reverse engineering the truth about the companies going down. Oroco resources is down, Bayhorse, Irving, Blue lagoon, Emerita. If everything went up 10x everyone would be praising management for their hard work.

Also here's your latest hedgeless horseman copium.
https://youtu.be/CyPxQkwfPLE

>>49908058
>If everything went up 10x everyone would be praising management for their hard work
This. Gotta look at the big picture. The market is shitting itself at the minute, nothing to do with individual companies

Is the anon here who was saying something about how people from here would make their fortune on GDXJ?
Looking for some hopium and redpills about GDXJ I guess.

There are three major problems facing Syscon’s blockchain technology. They are Decentralization, Scalability and Security. Truthfully, this trilem hasn't even been solved by ethereum as anyone who has paid a transaction fee lately can tell you.

It really is difficult to imagine that GoldMountain has much room to drop lower. After todays fall they have a 25 million dollar MC with 18-20 million in the bank. Starting to get too crazy.

>>49898229
Do you have a price that you'd buy in at?

>>49909098
It does seem crazy that it has dropped so much, makes you wonder if someone knows something, that the project is not going as well as intended. They did mention that they had some issues in their recent update, but the cost didn't seem that bad for a first quarter, but who knows if and how much they will be able to improve.
I don't have any specific price target in mind, may buy a small position, but I would really like to have some quarters of data on their current operation. If the small current operation is a disaster then that doesn't bode well for the scaled up one.

Do you guys remember that one time you got scammed by a pajeet with cute little pepes in cowboy hats to buy Gayhodse Silver? Lmao. Man that was hilarious. You didn't ACTUALLY fall for that did you?

>>49910606
So full of himself lol. The fact that he liked the psycho wojak should have been a red flag.
Was he really a jew? I remember some weird poster a couple months back defending bayhorse I think while calling everyone nazis. Could it have been him? Maybe hes still around.

>>49910844
>Was he really a jew?
They call him Silver Jew for a reason.

>>49910844
silver miner thought you guys were a pack of nazis and wanted you to buy bayhorse so you'd get rich

I think you're a pack of nazis and want you to buy bayhorse so you'll lose money.

it's a subtle difference.

>>49910606
He claimed it was one anon and put together an infographic to try to dox him, then he claimed it was Eglin airforce base, then he claimed it was /smg/ namefag organizing raids to sink his precious scam?
What a schizophrenic mess that asshole was I don't miss him or any of those freakshows. May they all died in shallow graves

>>49910963
He probably still browses these threads and posts sometimes. Unlikely he went from posting so much to just leaving it behind. I wonder if he's still bullish on the horse and if he's still holding.
>>49911162
Noone cares jew.

>>49911194
>then he claimed it was /smg/ namefag organizing raids to sink his precious scam
Hey that's me

They would do this if cushing or SPR was empty

>>49911281
>Noone cares jew.
Yes those darn jews trying to talk you out of buying commodity stocks so you don't get rich.
I'm telling you to buy them. I already know you're not going to get rich.

>>49911401
You suck baby penis and frankly, it's disgusting.

>>49911469
>everyone that hates you is a jew
I've got bad news for you stormie

>>49911368
May you and your bloodline enjoy eons of prosperity and joy

>>49903494
I'll shoot you ... a smile!

>>49910606
it was a pretty good effort on his part though. you see shills all the time on this board but silver schizo bayhorse shill put in some real fucking effort. i have never seen that level of effort before

>>49828610
KOLD bros, what happened to the BOILer fags? Did they get too cocky?

JFC, I stopped watching my pf for a few weeks hoping it would recover.
The risk I took putting 40k into mining juniors was calculated,
But man,
I am bad at math.
I think tomorrow I'm getting my physical silver out and rolling on it like a dragon to get my convictions back.

Why are they delaying the EIA numbers?

some good news out of Surge copper!
https://surgecopper.com/news-releases/surge-copper-announces-96-increase-in-ootsa-measured-indicated-resources-to-439-mt-grading-0.32-cueq/

Let's say we were wrong about gold and silver miners being the play in the face of rampant inflation. If this turns out to be the case, why were we wrong? What's caused the underperformance of these equities, even majors like the basket of stocks in GDX? Time and time again, inflation has been a "surprise" to the entire world except for this thread, yet gold and silver have fallen. So where has the thesis failed? Has it?

>>49913382
Inflation can't be countered with inflation.

>>49913382
costs climbed way higher than a lot of projects / companies were planning for, inflation, higher fuel costs and materials have hammered much of the sector forcing some up in coming projects to close for the short term while til things cool off. There are a lot of other issues too out there that factor in as well.

>>49913417
>>49913382
I for one am happy that balance has been restored. People should be losing money on junior miners instead of shitcoins.

>>49913439
Part of me is still betting on the 1970s stagflation scenario repeating once it's realized that inflation cannot be stopped until real interest rates are positive. It seems that the world still believes that the central banks can control this, and thus gold and silver haven't been sought after for protection. Time will tell if I'm wrong with this thinking, but I'd sure like to learn from it if that turns out to be the case.

>>49913691
if / when we get a massive inflation spike all at once over a short window, where the banks and government all panic, that will probably trigger what were looking for, as well as a total failure of the economy at once.

>>49913823
>>49913691
Sounds like the perfect scenario for release of cbdc coins globally

>>49913691
>until real interest rates are positive
I might be retarded, but are they not positive now?

Hey guys I want to build a portfolio of 10 to 20 junior miners each with 100x or more potential. Idea being that I only need to get a couple right for the upcoming commodities supercycle. Can you shill me some companies to start researching?

NEW THREAD

>>49914673
>>49914673
>>49914673

>>49914867
Come to the next thread. I'm amped as fuck and gonna be posting some serious shit for at least the next hour.

>>49914913
>>49914879
isnt it a bit early for a new thread? Either way always good to see new material out.

here is another way, Syscon successfully launched the first phase of solving the dilemma with the debut of it's NEVM.

>>49914879
Too early, cunt.