/biz/ - Business & Finance

Fresh new bake for all, I am off to try and sleep.
Heres some BC explorers news for a start but please lets try and bring some new projects up. Anything different that we can take apart.


Prospect Ridge Resources Announces Drilling Permits Received and Commencement of 2022 Drilling Program
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2994-cse/prr/125487-prospect-ridge-resources-announces-drilling-permits-received-and-commencement-of-2022-drilling-program.html

Eskay Mining Discovers More VMS Targets and Commences Drilling at Scarlet Ridge
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/456-tsx-venture/esk/125426-eskay-mining-discovers-more-vms-targets-and-commences-drilling-at-scarlet-ridge.html

Goliath Resources Adds 5th Drill Rig on Surebet Discovery as 100% of All Holes Intersect Mineralization
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2210-tsx-venture/got/125518-goliath-adds-5th-drill-rig-on-surebet-discovery-as-100-of-all-holes-intersect-mineralization.html

>>50626492
Thanks PAN MAN!

>>50626461
perfect bake!

>>50625786
>catalog
>filter
>mg/
>???
>PROFIT
only shows /smg/, /pmg/ and /cmmg/

Friday could be interesting for PMs frens with this new poo market starting and maybe adding fuel to the run the last few days. I think the coomex overplayed their hand smashing gold and silver the last few months and thirsty poos will be buying with both hands

This dumb cunt OP really gonna just keep the same boomer shit in and not pay attention to anyone saying things could be improved.
>Reeee don't say that he's done more than you! He's an important namefag!
Don't give a fuck lol

>>50626957
pump your breaks kid

>>50627677
pump your breaks kid

>>50627767
Cry harder bitch, run back to your safe space

>>50627677
>>50626461
>>50627767

we should remove all of the videos from the OP and just keep the "Youtube channels to watch" section. people can search the channel and watch videos if they want

remove the listed commodities and replace it with "Commodities include: https://www.investing.com/commodities/real-time-futures"

"More information for each commodity" = remove the Favorite Companies link but leave the Steer Clear list. we should not suggest companies in the OP, but its good to tell people which ones to avoid

leave the "Austrian economics" section

You can always tell when there's an influx of newfags because they're the only ones who read the OP always want to change it to make their mark and let us know how they're the geniuses we've been waiting for all these years by throwing around their low IQ takes

Nobody gives a fuck if you don't like the OP. Yes it's completely shit, but it acts as a lowkey zoomer/shitcoiner filter and if you're mad about it then you're the ones we benefit from gatekeeping.

"Improving" the OP doesn't actually benefit anyone in the thread or create any value to us, it just makes the threads more inviting to dumb posters who care about that kind of thing like yourself and dilutes our overall quality. Just because you have a hateboner for someone who we all figured out years ago is a shit daytrader doesn't mean you're intelligent or that your opinions are worth anything. These threads are the best in the /biz/ and they don't need your ego to improve them.

Lurk moar, then contribute value to the thread by actually talking about commodities or stfu, gtfo and kys

>>50628990
>Yes it's completely shit, but it acts as a lowkey zoomer/shitcoiner filter

>we're shit to epically to own the libtards!
You fucking dickhead

Can someone convince me that both its different this time and its not different this time? Its different because they will not be able to manipulate that price, and its not different because despite crypto distraction, commodities, particularly metals, will go up.

No, we dont care if you invest or not.

>>50629039
>tiny brain immediately jumps to red vs blue politics and buzzwords
Fucking hell kill yourself already and go back to wherever you came from.
The "battle" we're in isn't about recruiting people from the other side like your puppet shows, it's about being right, which we are, and preparing in time, which we are.

The longer we can go without retards like you shitting up the threads with their "opinions" the better. It's inevitable that /cmmg/ will be overrun, and when it is all the intelligent posters that actually contribute will have left because we will have made it already, leaving nothing but the monkeybrained posters like you behind to buy our bags.

At that point you can do what you want with the OP because it won't matter, but until then an uninviting OP delays it, and it could literally just read "/cmmg/ We love boomer schizo retards so don't come here if you actually want to make any money" and I'd be fine with it because it would keep spastics like you out and the actual discussions would continue unfuckinginterrupted

>>50629086
It's not really different this time. We just hit the same bottom that we hit in March and August last year. Gold will probably run and test around the 2k resistance then work it's way back down to the bottom we're currently escaping. We'll break eventually but I don't think it'll be this time, probably next year for a real run.

>>50628437
second this

>>50627094
All part of BRICS moving to a Gold Standard as a core part of their currency basket.

>>50628437
Sure next time I bake I'll remove the videos, I dont think anyone watches them anyway. And the pump my bags list. Keeping the commodities includes list tho.

>>50629750
Seems like a pretty bad idea, the commodity producing nations make all their money selling commodities to the consumer countries in the first world. If they make their currency stupidly strong by going onto a gold standard their exports will suffer

>>50628437
We should also add Eurodollar University, Odd Lots and Saxo Market Call to the follow list.

I’ve added them in the past but someone will copy and paste a text file from their desktop and revert back to the old OP.

Not a huge deal it’s just that there are more channels that should be there, and some existing ones that shouldn’t. Mannarino is one taking shit recently but he’s the perfect follow for a noob that just needs some basic updates without having to be bothered with Eurozone peripheral credit spread updates or what the the royal bank of Australia said in its minutes today.

>>50629824
New and improved clean OP
Commodities include
>Precious metals
Gold, Silver, Platinum group metals
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Iron ore, Nickel, Lithium, Cobalt, Zinc, Lead
>Others
Water, Agricultural, Salt

More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL

>Youtube channels to follow
Palisade Gold Radio, Mining Stocks Education, Sprott Money, Goldsilver pros (Rob Kientz), Finding Value Finance, Gregory Mannarino, Peter Schiff, Macro Voices, Crux Investor
>Canadian junior press releases
https://twitter.com/JrMiningNetwork
>Newsfeed
https://twitter.com/zerohedge

>What is Austrian economics?
https://mises.org/what-austrian-economics
>Austrian economics books
What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises)

Previous: >>

GTE have completely paid off their debt and built a cash position of $107 million

>>50626492
Other graphite miners besides NOU to look at that have projects in Alabama and Alaska that I've discovered are STS, GPH and WWR.

On a side note, it really looks like a whole bunch of commodity sectors are going to have run simultaneously as the Fed pivots, lasting through 2023-2024. Uranium, precious metals and battery metals. Salt is already running hard. I was hoping it would be more like the 1970s where oil, uranium and platinum had their big runs before gold and silver so we could rotate into them. Any thoughts on what natural resources might be good to rotate into after 2024/2025? Copper and base metals? Just hold cash and buy back into precious metals after the correction? I was hoping graphite might be a good play to jump into after 2024, but now I'm not so sure and I'm thinking I should allocate some of my cash to it right now.

>>50608941
bro, bannerman resumed trading like you said it would... but instead of trading at 1.12€ (the price of the stock split) they resumed trading at 0.11€.

so basically they sold my 34K shares for 0.11€, bought 3K at 1.12€, stopped trading for a week, and when they resume trading they are back at 0.11€.

so, one week ago I had 34K shares bought at 0.04€ which with a trading price of 0.11€ put me nearly at 200% return.
then they did that stock split, like I explained above, and now I have 3K shares bought at 1.12€ and because they resumed trading at 0.11€ I'm now down 90%.

wtf?

>>50631643
No shares were sold, they did a reverse split meaning you get 1 share for every 10 you had because they wanted to increase per share price. Stock is trading at A$2.24 in Australia, probably no shares have been traded yet post split in Europe because there's no liquidity.

https://www.marketindex.com.au/asx/bmn

>>50631773
mate, this morning they did the opposite.
they sold my 3K shares for 1.12€ of the "non-tradeable" and bought 3K shares for 1.12€ of the "tradeable".. which is trading at 0.11€.

the fuck?

>>50631773
>>50631850
>>50631643
a summary of the situation:

on 19/07, I had 34K shares of bannerman, bought at an average price of 0.04€.

bannerman was trading at 0.11€. so I had a potential profit of nearly 200%.

on 20/07, degiro sold my 34K shares for 0.11€ and bought 3K non-tradeable shares of bannerman for 1.12€.

today, on 29/07, they sold those 3K non-tradeable shares for 1.12€ and bought 3K tradeable shares for 1.12€.

but the tradeable shares are still trading at 0.11€.
so, basically, now I have 3K shares, instead of 34K, bought at an average price of 1.12€, instead of 0.04, when the trading price is still 0.11€.
so, I'm down 90%.

wtf is this shit?

I already wrote them several emails but they haven't said anything other than that they will "escalate" the problem and will "report back".

>>50631850
They didn't buy or sell anything, it's just how it shows up in their system. You now have 1/10th the shares at 10x the price, that's how a reverse split works. Your cost average is 10x what it was.

>>50631989
...
so, now what?

Vulcan you wonderful beast, same goes for Atlas. Just pushing to new ATHs without mercy.
Good thing I switched those Denisons to this glorious fucker yesterday.
Can't wait for the feasibility studies which will do miracles for the price, not to mention actual buyout rumors to start flying.
This is going to be the easiest 5-10x ever even from here.

>>50630284
New Odd Lots podcast focusing on new regulatory updates that will impact copper and lithium mining in the country:

https://podcasts.apple.com/ca/podcast/odd-lots/id1056200096?i=1000571311369

Good news horsetards. Gram is investigating deeeep inside the lady boy shaft determined to find the world's highest grade ore, that was already mined. And just four years ago Gram announced the Thai street meat zone was ready for full production and he would ship the ore for processing to Ocean based on their landmark agreement, but ignore the fact it never happened and Gram never had a production permit. Even though Gram claims to have had an ore processing agreement with Ocean, he decided to build his own ore processing facility which will be ready in just two more weeks. And, based on the curry expert's excellent analysis of lady boy horse financials the stock price has exploded 4500%. Can't go wrong sucking up more horsey sauce. Sirs, pajeet stock picks are never wrong, and you can trust Gram cause he wears a cowboy hat and promises just two more weeks every two weeks..

>>50632174
Can I get the tickers for these I've seen a lot of talk about them the past couple of weeks. I want to do some research

>>50632020
Now you own 1/10th the shares and the price is 10x. The price you see on the euro exchange is pre split, there's no volume. Check aussie exchange for the price. And whenever you're going to sell remember not to market sell on an exchange with no volume, check aussie for price and do a limit sell and be patient.

https://denisonmines.com/news/denison-confirms-superior-proposal-for-uex-corpora-122766/

One of you guys literally sold this yesterday..... Lol.

>>50629286
This is what Gary says will happen but there's plenty of money to be made on this run and now we have the experience to capitalize on that. And who knows we might actually break this time Gary says it himself.

>>50630284
Within the past month mannerino has lot a lost of cred with me and I liked him a lot. I always knew he was a broken record but he got blown the fuck out in that last market crash

>>50632174
Glad I was able to bring those 2 to some bro's attention here last summer. There was one based anon that night I was talking with who also began some DD and we compared Atlas (then Red Moon Resources) to Compass Minerals. Hopefully he's still here and got in.

Check my only ever successful stink bid in the pic. It only filled for a few shares, but now an 828 bagger, kek

>>50630507
Better, now remove all the shit subhuman boomer schizos (apart from Macro Voices that's all of them) who just give you emotion and opinions and skimp on facts and data
>>50560597
There are a couple of better alternatives. Blockworks is also decent sometimes.
Agree about Odd Lots

More book recs would be good.

>>50630507
Looks great>>50630672
But that jurisdiction though. I dropped it last month. Maybe I'll pick some up. Always nice to have an NYSE ticker.

>>50632174
I'm am super hesitant to add to these because they have run up so hard.

>>50632668
That is an 8.28 bagger not an 828 bagger just in case you were calling it that.

>>50632370
>>50632784
watch for a pullback and have cash ready

>>50632174
>Denison
They just outbid UEC for the UEX properties. DNN has negative stock price due to CapEx, but it'll push their valuation way up later.

>>50632486
>>50633080
Bigger picture is that there is a bidding war going on over uranium properties. That's going to translate into higher valuations across the industry.

>>50633080

Nice to hear they've building a good base for the runup.
I actually like that company, but so far it's been lagging like a motherfucker. I think even Cameco has done better than they have despite being so big.
Of course in the longer run they'll do just fine and I'll probably jump back into them at some point, but for the moment I'll just put my money into something that's way quicker to move with way greater potential.
After all Denison sits at 1 bil MC and follows the major trend without doing anything special, where as Salt is just 270 mil with a whole lot of really positive stuff in the near future pipeline and Vulcan is a leveraged option to them.
Makes far more sense for me to sit in Vulcan and later on rotate money back into Uranium.

>>50626461
CMMG is officially back. Elon bottom ticked metals for us.

>>50632982
>>50633267
Big question is if salt miners will see massive 40%-60% swings like uranium does after putting in a big leg. Could be pretty lucrative swinging that, or for people who missed the boat to buy in at the bottom of a swing.

>>50630507
This OP is better now. I think Andy was mostly put in to inform people about commods when russia/ukraine started.

>>50628990

>Nobody gives a fuck if you don't like the OP. Yes it's completely shit, but it acts as a lowkey zoomer/shitcoiner filter and if you're mad about it then you're the ones we benefit from gatekeeping.

Keep Austrian economics section or expand it. That works much better than andy vids.

>The longer we can go without retards like you shitting up the threads with their "opinions" the better. It's inevitable that /cmmg/ will be overrun, and when it is all the intelligent posters that actually contribute will have left because we will have made it already, leaving nothing but the monkeybrained posters like you behind to buy our bags.

Saved, upvoted, and bought some more bayhorse shares.

Watch for a potential big day Monday for NFG. There's been a big short attack recently that I'm pretty sure is largely coming from Canada. Markets closed in Canada Monday but it will trade in Burgerland. I'm calling we might see around +10%

>>50632382
>The price you see on the euro exchange is pre split
oh, ok.
when will the price be updated?

>>50633532
I suggest no more Andy shilling. I can't stand seeing that guy anymore especially since he started shilling his half baked platinum membership. He has enough open positions to be an ETF at this point.

>>50633125
Interesting, tell me more

>>50633703
When people trade shares on the exchange you are looking at. Check the volume. Don't know how many shares usually trade.

>>50634043
oh, ok.

>>50633784
His macro and ratio videos are top notch but the rest of it is just noise.

May the FORSYS be with us!

>>50632332

>>50632604
>And who knows we might actually break this time Gary says it himself.
I hope so but I can't see it happening without some kind of big catalyst to help break through that resistance like people actually waking up to inflation or a metal backed currency being more than whispered about. Maybe I'm wrong though and just being pessimistic, sure hope so.
If it doesn't happen I'll be taking profits at around 2k gold and I'll continue to wait.

>>50632486
hmm, what might this mean for UEX holders?

>>50632174
IT'S HAPPENING

>>50633900
Think about it. UEC wanted to buy UEX for a long time, was in negotiations. And then in the last week that was allowed for any objections, DNN comes out with a better offer. Now UEC has 5 business days to respond. Will they place an even higher bid to beat DNN's? Or will they decide it's better to just let it go and look elsewhere? They still have a ton of cash on their balance sheet, how can they use that to maximize shareholder value going forward? They're going to go and buy some other property that otherwise would not have been bought right away, and that starts to put the pressure on other developers who are forward looking to secure enough good properties to keep them going in the future.

>>50636166
Merger. They'd end up with either DNN or UEC shares and possibly some cash from a distribution, depending on who wins the bid in the end.

>>50628990
stay mad, andy

>>50636587
thanks

Basedhorse up 6% today, Graham working hard

Basedhorse up 6% today, Graeme working hard

>>50632332
based and updooted and bought another million shares. Silver squeeze is happening soon and if you're not buying Bayhorse you'll be left penniless while I'll be chilling in my superyacht with Greame and all the Thai ladyboys! Please buy my bags

>>50637649

>>50637522
>Basedhorse up 6% today, Graeme working hard

Oh sirs curry power and boooosted Bayhorse stock up 6% today, ooohhh just look at the stock moooooon on today's exchange ooooohhh. Its on its way to %45000 per centers you see and wait just two weeks. Sirs Gram is pounding the lady boy shaft miner so hard for you to make Bayhorse successful. Blessed Gram I love his cowboy hat.

This man knows drilling

>>50637763
in retrospect, anybody who drank the kool-aid deserved to lose every single penny

I bought some poo lagoon
what am I in for? A slow bleed to zero?

>>50637522
How many times have they said "we're doing this testing and then onto production"? Let's assume this step they are on succeeds, how many steps will follow it?

>>50628437
>remove the listed commodities and replace it with "Commodities include
No, if someone searches for a commodity then they can just use biz search and find us.

>>50628990
>You can always tell when there's an influx of newfags
Truth. The point of the op was to spoonfeed normies on biz who keep buying shitcoins. We specifically put in what a commodity is because Bitcoin bros would come here to try and turn this into ANOTHER crypto thread.

Yes it's completely shit, but it acts as a lowkey zoomer/shitcoiner filter
Also the one Previous was just some Calculators which nobody used. I would rather have YouTube spam so that Zoomers can understand why we are invested in commodities. Eventually CMMG will become a dump once the money comes flooding in. Most of us hopefully have made off ramps to other groups and made enough money not to worry about this.

>>50630507
Still like the videos. If you want to update new videos than so be it. Videos are the best to help people understand. If you just want to be a schizo boomer then go to pmg. We need people to understand commodities.

>>50639631
>No, if someone searches for a commodity then they can just use biz search and find us.
people actually do that? in any case, if you're going to list out the commodities, at least include all of them... thats why i linked investing.com - because they list out all the commodities except a couple like iron and uranium. we dont even have a single agricultural commodity in the OP

>>50639430
Some have talked about a permit they are still waiting on, don't know myself I don't really follow it that closely. That seems to be another issue with them, they aren't very transparent about their situation, most people don't know what is really going on.
>>50639631
>Still like the videos. If you want to update new videos than so be it. Videos are the best to help people understand. If you just want to be a schizo boomer then go to pmg. We need people to understand commodities.
How is not wanting the videos there being a schizo boomer lol? I don't think anyone actually watches them and they fill up like half the OP. And there's an entire list of youtubers to follow for the info anyway.
>>50639733
Lets be real, noone here is trading cocoa or lean hogs.

>>50640053
>no one here is trading lean hogs
no one here makes money

>>50640131
golden bull in 2 more weeks

Opawica was quietly up 21% today

afternoon all, staked some more ground out in the boonies a moment ago, companies should really watch their ground better lol.
How are things? I ve been watching a load of those vids by 911 mining out of Van Island, that Peter Bell dude wants that property to work out, not sure its a great idea to be promoting the way he is but who knows, everyones doing it.

>>50640053
>Lets be real, noone here is trading cocoa or lean hogs.
says who? i'll trade whatever i think i can make money on. part of the problem with this thread is the tunnel vision people have on certain commodities. you can't have a clear macro view of the economy if you ignore half of the fucking commodities that exist

who gives a shit if you make money trading CORN and WEAT versus oil and uranium? profit is profit; zoom out

>>50641845
What would you say about this? >>50637522
How many more steps before they run out of pre-production stages?

>>50641851
I've never seen a single person seriously discuss trading in those kinds of commodities in these generals.

>>50641955
>leach test "successful"
>bayhorse announces they are producing silver
>6 months later announce they applied for permit to build a leach pad
>18 months later it's approved
>bayhorse announces production has started
>6 months later they do a PP to build a leach pad
>etc.

>>50641955
ahh its so hard to tell because they dont really have a setup for leaching if my memory serves. I think this is another stall attempt. I can double check shortly, just working on staking another mine.

https://www.mining.com/eldorado-gold-operating-costs-up-more-than-20-in-q2/
looks like even more miners are having a hard time with inflated operating costs.

https://twitter.com/EmbajadaRusaES/status/1552886838926479360

Thoughts japan friends?

>>50632668
that was me my friend. funny you mention that. and yes. my average share price is $0.79 LMAO. If we even get close to compas minerals I will literally become a multi-millionare.

wanna know what my next prediction is??? Based pajeet (https://youtu.be/LThx14qOXpQ)) actually covered it in a recent DD video. Prospera Energy Inc.
Current 600 BOE/d @ 13mm market cap. average $19 netback w/ $64 BBL hedges set to expire some time Q2 Next year. They WILL hit 1500 BOE by the end of the year and Ive set my bids to $.085 until the end of Sept. when the SPR is set to stop dumping (I think september 30th). They now own 2m grade 12API oil that runs for nearly 2km. Thats 200 TIMES historical reserves.

Other than that im still looking for diamonds. Havent found much. I am very long Odd Burger (Vegan Fast food company but not /cmmg/)

There was this small time Canadian company that supplies drilling fluid being hyped a few months ago but I can't recall their name. Really curious to see how they're doing, anyone have a guess?

>>50646067
Oh wait, actually I think it's Bri-Chem. Not sure why I wasn't finding them in search resultsd earlier.

>>50645737
>that was me my friend. funny you mention that. and yes. my average share price is $0.79 LMAO. If we even get close to compas minerals I will literally become a multi-millionare.

Great to see you back fren! Also awesome to hear you're locked and loaded! We're gonna make it with Atlas. I never had much money available at the right time but managed to get 4,000 shares at $0.86. No millionaire potential here but will still be a lot of fun. 10,000 shares of Vulcan too.

Will check Prospera tomorrow when awake, have never researched vegan food but will take a look there too.

>>50637522
>>50637649
>>50637802
I'm still holding that stuff, but if GO continues like that, he'll also want to use that silver for solar cells, so he can make his production greener before selling a single ounce.
>THIS IS SATIRE AND NOT A BUSINESS PLAN! FUCKING PRODUCE ALREADY!

It's nice to see so many posts about bagpony. It's like this place was built to corral them

>>50632332
A lot of dislike of Bayhorse came from radical pumpers who insulted and degraded individuals who where critical about the excitement. I really wanted to buy some shares but I made my own research and it wasn't worth it at those prices. Now is probably a good asset to have while waiting for silver to go up in value, but G needs to go (from the company, physically he is already out)

>>50636445
Reminds me of storage wars.
>company you are competing with is bidding for something it wants
>upbid them wether you want the thing or not
>now the company you're competing with has to pay more

DNN could keep doing this until UEC is paying a ridiculous amount for it and turning into a pink wojak. Worst case scenario is if they push it and UEC doesn't see winning the bid as profitable and it gets dumped on DNN.

DEGIRO now has a couple of uranium sector ETF’s available, I’m probably just going to be putting my pay check into that every month from now on

bump

>>50642138
Damn, panman outright calling bayhorse shenanigans a stall attempt.

>>50646442
And all of those people were gone. That's. Why I said we needed to be hostile to them. They did their damage and now they're gone.

>>50641851
I would love to trade futures but they are confusing and feel like high risk to me, and nobody here has the brains to walk others through it either. Would love to trade food commodity futures. Not that interested in ETFs

>>50632020
basically what >>50632382 said. It was the same for me with Vangold. I have "paper loss" on Guanajuato around 40% but I can sell for 50% of my initial capital.

Overall, good weeks, lot of stock went up. Still sad since I'm transfering my paycheck in my broker on Monday, so yeah... missed the bottom by 3 days.

>>50648155
>I'm transfering my paycheck in my broker on Monday
Also sold my Lion One at a small profit, it's a devlopper who'll produce late 2023 with a 200+ MC. I want lower market cap for this up-leg, will buy them later right before they produce. Will probably buy higher but it's fine, I want to be in small caps for this leg. Will also sell my Peninsula bag, will be out of Uranium but it's fine. Might buy them in 2-3 months if they didnt go up but I need to focus on G/S.

>>50646335
Odd Burger is very speculative. But out of every company in the space, they are the only one that is ticking off the right boxes. Lots of cash, decent management, interesting point-of-sale, low overhead due to little necessary staff, great tasting food (ive tried it), 2 deals with real-estate dev companies in canada to roll out 60 stores over the next 6(?) years, profitable so far, and they own their own production line. Also just signed a deal for over 150k sq feet of land to build a production facility for their product starting with a 50k sq ft facility. There is more info as well.

Prospera has such interesting potential. There are a few downside risks like the hedges, but honestly it looks like it could easily 5x within the next 2-3 years. I anticipate a 60% hike in share value by November. management would have to seriously fuck up for any downside.

>>50649260
>profitable so far
This isn't true, they are losing a million a quarter. I agree it has a lot of upside though if they are succesful, but obv also high risk as their business still hasn't proven to be profitable. The couple who started the company own 52% of it, which I'm not even sure is a good thing or not. They are obv vegans themselves and have the company donate money to BLM Canada and other such causes, not exactly the types I prefer to invest with.

>>50647706
How's the Gary Savage subscription, Red? Worth it?
Not asking for you to share any of his info, I'm just planning to sign up in August.

Too big to screencap, does this mean anything?

https://old.reddit.com/r/Wallstreetsilver/comments/wbez0b/bofa_does_a_180_and_resumes_buying_silver_on_the/

quick bump!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/456-tsx-venture/esk/125426-eskay-mining-discovers-more-vms-targets-and-commences-drilling-at-scarlet-ridge.html

https://youtu.be/r0Iu3zWfGNc?t=2064

Quinton Hennigh presentation on how gold milling/processing works. Interestingly noted some costs for different kinds of processing. He didn't mention BIOX like for Canagold's project that I'm invested in (have been trying to figure out the costs), but he did say that pressurized oxidation using an autoclave was $30-$50/t and sometimes more. That is somewhat comforting as BIOX is touted as the cheaper option. Even $60/t is only 1g/t.

>>50652897
QH was pretty excited about this on yesterday's Crescat, starts at 54:20

https://www.youtube.com/watch?v=Vk8Jr5CeX6c

>Flows were cut off on Saturday, Gazprom said in a statement on Telegram, without providing details.

>On Friday, Latvian operator Latvijas Gaze said it would continue to purchase Russian gas through an intermediary. The company said it wouldn’t be buying gas directly from Gazprom, and would pay in euros, not rubles.

>Gazprom has been reducing deliveries to Europe in recent months. Customers, including Poland, Bulgaria, Finland, Denmark and Netherlands, were cut off after refusing to comply with Kremlin’s demand to pay in rubles for pipeline gas. Russia has also been sending less gas via Ukraine, and via the Nord Stream link to Germany, due to a spat with Siemens Energy AG over gas turbines.
—————

I think this is another example of Russia using its sway in energy markets to punish small countries in an effort to project an example of what may happen to larger Russian-dependent EU states If they don’t play ball. I could be wrong but I believe it was neighbouring Lithuania who were restricting Russian train-bound cargo going into Kaliningrad exclave, so this also serves as a warning for them in particular incase the Lithuanians were seeking to re-apply pressure on the passage of Russian material goods.

>>50653336
More euro gas news..


>Hungary's prime minister said Friday he will sign a new deal with Russia in the coming months, which will supply the country with nearly one billion cubic metres of gas.

>“In the current international situation, the most important thing for us is to ensure Hungary's energy security," Foreign Minister Péter Szijjártó said at a press conference in the Russian capital on 22 July.

>Hungary is currently trailing other EU member countries in building up gas supplies ahead of winter.

>The country's reserves are only 50% full, compared with a bloc-wide average of 68%, according to Politico.

>Hungary, like many other European countries, is highly dependent on Russian energy, with around 80 per cent of its gas coming from Russia.

Blue Lagoon bros, are we looking at a bottom here

>>50654294
Yes

>>50654590
Unironically terrifying

>>50654590
>Two pink Wojaks in an empty mine
Even machines understand what the deal is.

>>50654294
Blue Lagoon doesn't have a camp at site and plans to hire from a small town called Smithers 50 minutes drive away with a pop of 5000. I wonder how easy it is to find the workers they will need there, some of it must be pretty specialized like geologists. How many will they need to do 40ktpy, like 50 people or something? Note that they will only work a third of the day while I assume in other larger mines they operate 24/7. A positive may be that salaries are lower, but I can imagine it's much easier finding workers when you have a camp and can get workers from a huge area.

>>50652897
Pan Man any thoughts on this? >>50655428
It's an interesting and pretty important part of a mining project that isn't often talked about. Abcourt mining is also looking to start a small mine of around 20-25koz in Quebec. I believe they were originally planning to hire people from the nearest town but have now pivoted to building a camp on site because they deem it necessary. I wonder if there's a large salary difference between workers on fly in fly out operations and others who work from nearby town.

>>50654640
lmao

Anyone read this book?
https://www.amazon.com/21st-Century-Monetary-Policy-Inflation/dp/1324020466

>>50656313
no but its probably a good read. could give you insight into how the Fed thinks and makes decisions which could help you make better trading ideas. anyone investing in the market should at least have awareness of central banking and monetary policy - its highly fucking important whether you like it or not

Hope you gents are keeping it in the green this wkend
>https://ihsmarkit.com/research-analysis/week-ahead-economic-preview-week-of-01-august-2022.html
From the article
>Among the various central bank policy meetings in the coming week, the most important will be the gathering of the Bank of England's Monetary Policy Committee. Concerned over the rapid rise of consumer price inflation to a four-decade high of 9.4%, and emboldened by increasingly aggressive policy stances at the FOMC and ECB, the BoE is set to hike interest rates by another 50 basis points. The rise would be the largest since 1995 and means the MPC will have tightened policy for a sixth successive meeting to take Bank Rate to 1.75%, its highest since late 2008.

>With a 50bp August rate hike already priced in, the focus shifts to the future policy path. Our forecasters here at S&P Global Market Intelligence expect further 25 bp hikes in September, November and December, as well as in February 2023, taking the policy rate to a peak of 2.75%, reflecting the anticipated stickiness of elevated inflation in the UK. Although PMI data have indicated a tentative peaking in price pressures, household energy prices are expected to rise sharply into the winter, keeping inflation uncomfortably above the bank's 2% target and adding to fears of a wage-price spiral.

>Wage price sprial
It's coming. Prepare your anuses

>>50655661
Smithers is a mecha for heavy industry in northern bc so they wont have issues finding miners or operators there. Thats my home territory, its pretty much perfect for any junior company. Lots of shipping companies operate exclusively from smithers for example, Hytech drilling is based there too.
As for Fly In camps, thats normal for the industry, they can even come as pre built kits for lease in Alberta, you find them all over the oil patch for example. Some are the size of small towns, 2-3 thousand people staying in them at a time. There isnt a real major difference between pay for fly in and locals, usually locals get gas cards or grocery pay while camp guys get other luxuries, its different with every project too. Guys working at the mine i was at recently were getting $200 extra a week for gas to get to and from site to home for example.

>>50652973
i ll watch shortly, i need a shower and to make dinner first. Been in the bush all afternoon.

>>50657559
From the man who gaves us Marxist's wet dreams. The adoration these psychopaths receieve from the glowing mockingbird media is horrifying

a quick snap shot of some of the stuff i found today, logging roads are a gods send for prospecting.

>>50658269
The culverts under the inner switchbacks will keep some sediments that make it thru the overburden. I've only found dust but you can't ever tell what could be in there

>>50657959
>The adoration these psychopaths receieve from the glowing mockingbird media is horrifying
because the media is made up of a bunch of fucking casuals who read from the teleprompter. they don't even understand central banking or economics and they dont even care. its just a job to them

>>50658362
the new culverts are so garbage, flat plastic with no ridges to catch gold.

>>50658925
Blasphemy

>>50659423
worse still, they rip the culverts out now, and debuild the road so you cant go snoop around and see whats on the off shoots.

>>50659484
>debuild the roads
Stone age here we come!!!!

one more pic for the evening, a nice chunk of tungsten ore from another outcrop today.

Sunday morning bump

>>50628990
actually lets change the thread pasta to make it even shitter then commodities general obviously increase in quality, right? POO POO PEE PEE

>>50662407
Honestly I was just digging my heels in for the sake of having an argument. I maintain that gatekeeping is a good thing but ultimately I don't really care what's in the OP. It was really about not catering to the demands of people who prove they don't know what they're talking about in one thread and demand people change the OP to what THEY like, then get mad in the next thread that no one immediately dropped everything to do everything for them.
I can't stand loud faggots who find a new thing that they like and then immediately try to coopt it. They are the primary reason for said thing's decline and it baffles me that people so hastily jump to appease them.

I'll say no more on the matter.

>>50650694
I haven't gotten it yet I'm allocating budget still. He said that pretty much golds going to at least two thousand so I have time. I'll just hold until then. Only thing that'd be nice is if I can get some definitive answers on oil. I'll have to look at charts tomorrow but I have a hotel date with pic related tomorrow so I'll probably be busy until late.

>>50662603
>fucking whores instead of looking at charts

>>50662603
Sorry the fiancé didn't work out, Red.
Congrats on the ass though, damn. Just remember that she'll be a wife and mother one day, and the longer you entertain whores the longer your future wife is out there taking those same kind of pictures.

I know it's pissing in the ocean really so enjoy the date bro. Pump it like it needs a correction.

So why do people think pms will go up when
1. They have continued to manipulate the price all this time, why would they suddenly lose that ability? If I can guess, the comex losing so much ground may have something to do with it, since at the rate it's dropping, comex will have nothing left before the year ends, or early next year. This is just my guess, though.
2. People say crypto is a distraction. What if instead of pouring into metals, people pour into crypto?

What are people's thoughts or opinions?

>>50663507
I just like rocks

>>50663507
I can't speak to the manipulation topic but I have been meaning to give my interpretation on general market sentiments and where we are moving forward. Will probably be a late tonight thing. Basically in a nutshell all the chaos and selloffs over the last two months was based on uncertainty regarding the fed. Now that we have stability and can reasonably expect their actions moving forward, markets will continue moving at a much less volatile pace. This is over the next couple months mind you and leading into the end of the year but we will see gold and silver likely rise. Oil crab but rise and the general stock market will also rise but we will see tech stocks continue to decline. Basically everything will be moving along but the gradual money rotation will continue.

>>50664414
I'm not convinced yet on moving back into oil. I'm still waiting for a couple candles to happen because otherwise it's still in a down trend. Gold and silver clearly broke their downtrend. While I don't think 2000 will be broken, it is worth noting that bull markets are built on walls of worry and everybody right now thinks that 2000 "won't be broken, so maybe it actually will. Either way around the 2000" I will be scalping opportunities to take profits, just like I did with oil.

>>50663507
>manipulation
>comex
these memes have been active for more than 40 years and survive because a fresh group of suckers regularly emerge
>guise, omg, JPM manipulates the price of silver and the comex is gonna default in 2 weeks. buy silver now before it mooooons!

>>50664466
They are literally in court right now regarding the manipulation of metals prices and they have been fined almost a billion dollars for metals manipulation.

If you try to make these petty and deceptive and denial of reality arguments saying that manipulation does not occur then you are either a moron or willfully deceptive.

Every person that says this always seems unhappy inside, like they need something to shit on to make them feel better.

The problem is that proving this shit is high level accounting forensics. Ted butler is one of the only people smart enough to do it.

>>50663507
I believe the idea with comex is that when it runs out of physical metal it has to settle things in cash, and when it runs out of physical metal people realize the supply is significantly smaller than they make it out to be and that the silver on paper is just worthless paper, thus jacking the price up to include only physical and forcing them to settle everything at the new realized price, wrecking them completely.
Someone here might have the graph showing what the price of silver would be if we only took into account paper trading, it was something retarded like a couple of dollars, and then what the price would be if we only took into account physical trades; much much higher.

As for piling into crypto, I think that's the plan. Hell you know something's up when they've got celebs and sports games advertising the fucker.

It's not a new theory but I personally think they want to get as many people desensitized to crypto as possible to the point where stores accept it over the counter, then they will finally introduce UBI in the form of some kind of Fedcoin, probably with an expiration on it to stop people hoarding it and keep them trapped in dependancy, and then ban people from accepting anything but their new currency. Basically fiat 2.0.
They can't stop fiat dying, but they can dominate what replaces it and crypto achieves that when they can fool everyone into thinking it's something new and totally different this time and "safe", while also keeping them enslaved to a monetary system they have complete control over. If you can't stop the revolution, be the revolution etc etc.

But what do I know I'm just a schizo lol

>>50663507
>1. They have continued to manipulate the price all this time
what your pie brain is essentialy saying is we are the exception in 5000 years. I prefer to bet on the fact we will not. If they really could manipulate it, Gold wouldn't be 1800$, it would be stuck at 200$.

>>50664492
That's great. Buy more shiny and keep telling yourself "two moar weeks" for the next 40 years.
Meanwhile, the kike silver salesmen will happily take your fiat.

>>50664566
Looks like you're mad people buy Gold, I wonder why...

>>50664566
I and every other person in the stock market would have been way better off had we liquidated our entire portfolios in August 2020 and put it all in physical gold. You're full of shit. You're a decrepit and hateful little goblin that needs to shit on something to make yourself feel better.

I wish I'd have put my entire portfolio in gold back then. Then I could have cashed out what I wanted and bought all these stocks at cheap discounts.

>>50664566
Holding a small amount of physical gold and silver is extremely wise. It's insurance against the end of the world as we know it.

>>50664604
Nope, just not a sucker for sales pitches of overpriced assets, especially tired ones like, muhnipulation, muhcomex.
This poster >>50664492
relies on others (i.e., Ted Butler) to demonstrate what he doesn't understand. Hence, the belief is a matter of faith rather than reason. This is cult behavior, and there is no reasoning with cultists.

>>50664636
I know. My silver holdings are in the thousands of ounces, and that of gold is in double digits. It doesn't mean that I have to subscribe to worn out sales pitches.

>>50664712
You didn't adress the fact Gold performed the best among all assest beside cryptoponzi. Still waiting for your explanation on why I shouldn't buy something that made people rich just by holding it.

>>50664502
>jacking the price up to include only physical and forcing them to settle everything at the new realized price, wrecking them completely.
it would wreck the entire world economy, including silver.

if a contract can't legally be settled for cash by either party then business ceases to happen. Right? If I promise to deliver silver and my supply falls through, and I go to prison for failing to deal in physical, nobody will deal in silver. Or anything else, because if you can do it to silver you can do it to anything, and should.

conversely if you have no punishment then everyone will ignore your law. But even a mild punishment for failing to pick up the option on a contract will end the use of contracts and destroy your entire economy.

>but I didn't mean the NECESSARY derivatives!
lol

>>50664748
buy low, sell high
see picrel >>50664604
this board tends to buy tops

>>50664748
REITs are the best-performing asset class of the 2010's, aside from crypto.

>>50664763
>this board
you mean human tends to buy tops, very few don't do this. Also, you still didn't tell me why I shouldn't buy Gold if I'm a longterm investor. Still waiting...

>>50664777
a house is a better investment. Buying physical gold is a business, with lots of expenses, not just an investment.

>>50664777
do whatever you like. it's your money.
my objection here is to the hackneyed pitches of bullion salesmen.

Thoughts on this? Where are we going?

https://schiffgold.com/exploring-finance/comex-deliveries-august-gold-starts-strong/

is newmont finished rugging? i have 750 shares and the ride down has not sparked joy.

>>50662603
>dat bracelet
>capricorn
Brace yourself

>>50663507
They definitely aren't manipulating the prices, the govt is just picking on them for no reason with 920 million dollar fines and high prison sentences looming. With all that Ugandan gold discovered, already refined and just sitting at the surface, compounded by asteroid mining that's just 2 weeks away, precious metals are the worst hold. I'll buy yours for just under spot price to save you the embarrassment of clutching boomer rocks in a feeble attempt to live in the past. Six thousand years of PM usage by those retarded ancients has given us moar than enough evidence that the jews are the only ones to be trusted. And if their fractional reserve systems of fiat are the best that they can do then we all need to tighten our belts to help them out since sacrifice is what freedom is all about
That's why after I pay my taxes I sent double that amount to Israel

>>50663507
Uncertainty.
Gold is always viewed as a safe haven. Rising demand will come from people looking for a safe haven and Indian & Chinese consumption (both countries love gold)
Silver production is far lower than current, never mind future demand. The *best* element for electrical and thermal conductivity.
Platinum group metals are insanely rare (platinum though being the most common of them is 15x rarer than gold) and still have a decent amount of demand that I can only see growing due to their utility as catalysts.

Add in fiat currency crises and supply chain issues and I do think that they will increase in value long term.

>>50665307
I hope we get a guilty verdict this week

>>50666116
Guilty and 50k fine.
That'll teach em.

Can't wait for those Snowline Gold assays to come back next month, could be incredibly good catalyst for a big move higher.

Anyone know what's going on with Galleon Gold's assays? Feels like it's been forever since an update, makes me think the assays are going to be not all that special.

>>50667836
wont lie, very jealous of people who were able to get in snowline early, had no cash...

Hold strong fren

>>50664712
>over priced

Dude.


> on others (i.e., Ted Butler) to demonstrate what he doesn't understand. Hence, the belief is a matter of faith rather than reason. This is cult behavior, and there is no reasoning with cultists

You're dumb. You don't even know who I am and I literally have people calling me by name a couple posts above yours. I have cred this thread, not that it matters. Everyone here knows I put a lot of effort and time into this shit just like we all do in fact. You just ousted yourself as a shill. You're lame. You're some creepy dude in a basement.

>>50664712
Ted butler is a highly respects individual and works closely with state and federal legislatures.

You're dumb. Who's the one parroting knowledge again?

>>50664747
You don't own a single ounce you lying jew.

>>50665142
Explain

>>50668677
>i have cred
>formulates arguments as ad hominems
max cringe

>>50668677
>>50668694
I suspect you're the same person who pumped Bayhorse. Your use of language and rhetoric is the same.

>>50668700
https://www.astrology.com/us/editorial/editorial-article-amp.aspx?slug=capricorn-woman-html
It should be obvious to anyone with a pulse that women are the niggers of gender. So keeping tabs on things they are oblivious of, could keep you out of harms way. That bring said you also can't fuck em too good or they'll get all clingy.
Balance is key
You'll be fine. Take her Wendy's but dont let her get a frosty. You can't spoil them early on

>>50668694
>jew
Show foreskin, rabbi.

>>50669309
>I suspect you're the same person who pumped Bayhorse
Dude you're embarrasing yourself

>>50669438
Show foreskin, kike.

>>50669481
>get called out for retarded low-awareness statement
>uhhh I need to see your penis!
I'm not going in yours or anyone else's spank bank you degenerate little homo. Just keep digging and keep bumping the thread, it's a slow Sunday so it's appreciated

>>50669625
That's what I figured. You're circumcised and accuse others of being jews.
>The jew cries out in pain as he strikes you.
You've been found out, schlomo.

>>50667836
>Can't wait for those Snowline Gold assays to come back next month

based

>>50669710
>Still won't show me your penis eh? Guess I win
Even more embarrasing by the post.

Also where have I accused anyone of being a jew? Your reading comprehension is non existant.
I don't think you're a kike, I just think you're a midwit who's almost aware of it, so he overcompensates with aggression and fallacy to "win" arguments. You've made 11 posts ITT so far, none of them have any substance and all of them are chock full of buzzwords and shitty memes.

You're spending your Sunday venting your impotent hatred towards anyone who'll give you attention. You're an embarassment to whatever it is you actually stand for, God knows what that is because you're not even articulate enough to make that clear through all your vomitous lies.
With that said, I won't give you any more of the attention you crave to get through the day. Kindly kill yourself at the earliest convenience (immediately)

Lemme know when we start posting buttholes itt. Guarantee mine is the tightest and least violated
Guaranteed

Thoughts on this? Where are we headed short term and long term?

https://schiffgold.com/exploring-finance/comex-deliveries-august-gold-starts-strong/

>>50632174
>Vulcan you wonderful beast, same goes for Atlas.
>This is going to be the easiest 5-10x ever even from here.

Agree, 10,000 Gorillion %. When the ceo.ca rooms are still buzzing on a Sun before a holiday you like your chances

>>50669710
probably 3/4 of the anons here are circumcised you complete fucking idiot.

should i buy newmont?

>>50671708
Do you like gay sex?

>>50671708
Buy Hallador Energy. It's set to rise.

>>50672209
>>50672315
nvm im just going to buy food lol

>>50672397
Sir, have you heard about a company called bayhorse silver? 1000x when Graeme flies back from Thailand and starts mining with a pickaxe and sells nuggets at the gate.

>>50640053
>Lets be real, noone here is trading cocoa or lean hogs.
/biz/ tards are sad little niggers trying to get rich off boomer rocks.

>>50642045
granted, some commodities are more popular than others, but we should at least include them all in the list

>>50647718
>Would love to trade food commodity futures. Not that interested in ETFs
yes you are, you just don't know it. those commodity ETFs are funds that invest in the actual futures. when you trade a commodity ETF - you are actually trading the futures; you're just doing it through the stock market instead of the COMEX. trading actual futures requires more money and more skill than most retail traders have, so the ETFs are just fine for trading and are actually way less risky for you. if you want to trade actual futures - you should actually start out with the ETFs first

the thing with the ETFs are you have to go to the website and look up which futures contracts the fund is investing in - sometimes its multiple futures like USO

Its funny to me seeing that coal use world wide is skyrocketing due to energy demand and supply shortages. So many people thought coal was dead, its more lively than ever.

>>50669173
Yeah I do have cred bitch. You don't. Either contribute or get the fuck out.

>>50669309
>Literally someone addresses me by name two posts above his. Still can't even figure out who he's talking to.

Dude you glow and smell like challah bread. You're no friend of ours. Easy to pick you out.

>>50669398
That was an amazing catch dude and it was spot on.

>>50675424
Coal stocks have done well this year. Coal is making at least a temporary comeback.

Morning frens, reminder with the leaf market closed today and those fags unable to do their maniacal shorting we could see some companies have monster days today. I'll predict NFG +12% today

>>50677080
We will wagmi just in time to repopulate Japan post yen collapse

>>50678281
based plan

Blue Lagoon, Eskay, Guanajuato: all up 8% early
Snowline +10%

>>50679788
>Blue Lagoon up 8%
So it begins

>>50677080
>leaf market closed today and those fags unable to do their maniacal shorting
Good. Hopefully that means we can take advantage of the day off to break resistance

The market should be open every day desu, I like watching the line move.

>>50670345
I don't understand how Vulcan and triple point are going to deliver returns like atlas will. Can anybody give the big picture top down view on how this all works? I understand atlas but how does Vulcan and triple point come into play and how do they make money if it's all the same company at the end of the day.

https://www.rolls-royce.com/media/press-releases/2022/01-08-2022-rr-to-play-key-role-in-us-department-of-defense-nuclear-microreactor-program.aspx

>>50654590
I think I have played this horror game.
>>50676255
BTU has record amount of shares sold short though. Lot of other coal miners are very short as well. They are kinda in a decision zone

https://arstechnica.com/science/2022/07/us-regulators-will-certify-first-small-nuclear-reactor-design/?amp=1

>>50654640
How can machines understand that if they're not at the fucking location

>>50680523

Rana en fuego

>>50681152

Vulcan has I think 27 million Atlas shares and that's what this is calculated on so it inevitably goes up as Atlas does.
They also have a 3% royalty on Atlas and Vulcan also has some gold and copper properties but those are a bit irrelevant.
If and when there's a buyout, Vulcan is going to be sitting on an absolute assload of cash, which they will almost definitely pay out as a divvy because it makes no sense for an explorer to suddenly be sitting on that much cash.

Someone did some math on the ceo.ca and I think this is conservative as fuck and still sounds amazing.
>Industry standard in a mineral buyout is 15% of the value of the mineral in the ground. At $76 pps that is about 5 to 8% that would be a steal
>I believe $1 of salt is worth 20 cents of Vul so this should be $15

So that guy calculated the buyout at 5% of 80 bil and I think 1/3rd of the usual buyout is pretty damn conservative.
But we can say that this the lowest possible estimate.
Since Atlas has a resource anywhere between 80-160 bil. If we went the most optimistic and highest numbers of 15% of 160 billion, that would be a 24 bil buyout and that's just a retarded number because it would be 86x the current market cap.

If we go with 50% of usual buyout which would be 8% of 80 bil, it still comes down to 6.8 bil buyout which is 24x from here and would put Atlas at $81.6
That would put vulcan at $16.3 and that's 41x from here because their Salt shares would be worth 2.2 billion and that's quite a bit of cash for an explorer to be sitting on.
They could buy whatever the fuck they wanted, but most likely they'd just pay it out as a special divvy.
And that's the best part about this.
It doesn't matter how anyone feels about Vulcan, because they will be sitting on a very real pile of cash which will almost inevitably be paid out, so this will go up with 100% certainty.
There's no scenario where this doesn't go absolutely crazy.

>>50682365
Oh yeah and if we go with the crazy number or 15% buyout at 160 bil.
Atlas would be $292.4 and $58.5 Vulcan, so 146x from here and they'd be sitting on 7.9 bil in cash.
On top of that none of these calculations take into account whatever Triple point stuff there's going to be going on, nor the royalties Vulcan has.

The whole thing sounds so optimistic it's hard to take it seriously, but if this stuff is feasible to turn into a mine these are very real numbers.
Whoever got Atlas in the cent range is sitting on possibly the worlds best performing shares.

I am so fucking tired of oil dumping then pumping a bit over and fucking over constantly in this limbo of low 90s to like 101 per barrel and constantly being the red or green is pissing me off. I should have just sold me ETF when I was 7k in the green a month or so ago when crude hit 120~ a barrel. Now I am on this rollercoaster that has me sweating every day at lunch when I check it. Oil dumped 5% today and Canadian exchanges are closed today my oil ETF is going to absolutely fucking dump tomorrow.

>>50682460
Red called it.

>>50682459
>Whoever got Atlas in the cent range is sitting on possibly the worlds best performing shares.
That's not GME :^)

I kid. What are the chances that a deal falls through, market events happen, etc etc that prevents it from being as profitable as projected?

>>50682459
>>50682523
wtf

>>50682523

I don't pretend to know shit about this other than the numbers I've been crunching, but the only way this doesn't work out as planned is if the management sells this for some measly 4x or whatever the fuck, so they can just pocket enough money to buy a nice holiday mansion in St.Barts.
Well of course the feasibility study could show something crazy, or maybe local green hippies find flying squirrel shit in the premises and cancel the mine, but that's about it.
Realistically other than settling for a nonexistent amount of money to get rid of this quick, I don't really see any way this doesn't make at least 20x from here for us and that's a giga pessimistic expectation.

>>50682548
It's no wonder it just keeps on going.
You'd have to be clinically retarded to sell anything on this level.

>>50682365
>Industry standard in a mineral buyout is 15% of the value of the mineral in the ground.
Definitely not industry standard, That would perhaps be the value for what is expected to be an extremely high margin project. Salt doesn't have any economic study done yet, not even a PEA. How common are salt deposits like this? I bet you have no idea (I don't either, but don't pretend to). Not saying it's a bad investment, but your post reads like silver jews euphoric Bayhorse DD. There is absolutely no guarantee that this company ever gets bought out.

>>50682700
It's awesome to see this dude with all his experience running things, and not some poo or jew. Also cool is a director left NFG earlier this year to join Atlas

>>50683013
Sure it reads like an euphoric post because it is one and when you start looking at the numbers it's hard to come up with any that don't look like an overly optimistic estimate.
Even if you lowballed the shit out of these numbers they still come out as overly optimistic.
While they haven't done any feasibility studies yet, there's one coming in the near future and we'll know then for sure. But from what I gather it's a extremely viable mine all things considered and deposits of this size aren't common at all.
This is a 100 year mine in the making in a very attractive location and it's expected to be a very low cost one.
It doesn't have to get bought out either. If they want to go ahead and turn it into a mine then I'm totally fine just holding an extremely long term divvy company like that.

I'm not going to err on the side of caution with this one to wait for feasibility studies, because all the signs point out to this being an insanely good option.
And important thing is that they're not promising on maybe discovering something in the future. They already have it and now the question is whether they have a fuckton of salt or whether they have way more than they first estimated.
Atlas has been climbing ever since the cent range and isn't showing any signs of stopping. If anything it's accelerating as it gets discovered by more people.
To wait at this point will just gimp your multipliers hard and quickly.

>>50683246
Yeah he seems like the right guy for the job.

>>50683334
>But from what I gather it's a extremely viable mine all things considered and deposits of this size aren't common at all.
How much research have you done outside of promotional material from the company?
Just from a quick google search
>Salt occurs naturally in underground deposits, and occasionally in surface deposits in arid areas,as the mineral halite. Ancient salt deposits are widespread.
Now you are probably going to counter with, yeah they may be widespread, but this one is special! Well how do you know? I wouldn't be surprised to find out that there are large salt deposits all over, and it may very well always be cheaper to mine it in some shithole country and just ship it.
Even salt made to eat is extremely cheap. I'm pretty sure salt is extremely abundant in many places.

>>50683552
>>50683334
I do appreciate the DD though, always happy to hear people discussing companies more in depth. But this is all a bit too euphoric and will probably end up like another bayhorse lol.

>>50683552
Investing into commodities outside existing multi billion companies that are producing, is just investing on things that have a probability of success.
There's no absolute security in this field.

There's uranium all over the place, so what? We're still banking on the Uranium thesis here pushing the price sky high because there aren't enough miners, especially in the West.
Rare earths aren't rare at all, they're spread out everywhere.
Silver isn't that rare either, but people expect it to go nuts.
Resources simply put aren't rare.
But to find a high concentration in one place and then to establish a mine to get it out isn't necessarily common.

A quick google search about dedicated salt mining stocks will show you that they're basically nonexistent.
This stuff is all in the hands of the big players like Rio Tinto, who's at the moment the largest industrial salt producer.
Just based on the lack of dedicated salt miners, I'd say the chances for this getting bought out by the big players therefore is very high. And considering the size of these giants they won't have problems throwing a lot of money at something like this.
Closest thing to Atlas would be Compass Minerals that have the largest salt mine in the world. Their revenue is about 1 bil a year.
The biggest difference is that Compass has their resource 600 meters under lake Huron, where as Atlas has theirs just 200-400m under ground.
When you take everything into consideration this has a pretty low probability of failing and absolutely insane upside.
Even at ultra conservative numbers you're really hard pressed to see this do less than 10x.
In my opinion this is one of the better stocks and will hopefully move in a shorter time span than others, which will allow us to rotate money out of it to other growing things.
That's one big reason why I'm holding Vulcan instead of keeping everything in Uranium at the moment.

>Enjoying selling CCs on UUUU
>Realize that URA has the same movements and is far more liquid
I should just do that.

>>50683594
>But this is all a bit too euphoric and will probably end up like another bayhorse lol.
I'm not saying Atlas is as great as the other guy is claiming or that it's not even just overbought right now, but you're basing that statement on even less than you're accusing him of basing his DD on

>>50682365
I just don't understand how this is actual value and not just stock games.

>>50684087
>Just based on the lack of dedicated salt miners, I'd say the chances for this getting bought out by the big players therefore is very high
Or the reason why there aren't more salt companies is because theres no need. Is the market underserved? Is there a salt shortage? What are the remaining mine lives of the mines currently in production? I wouldn't be surprised if those are in the decades, which means that even if this project could produce at a slightly lower cost, it may not make sense to build it because the upfront cost is so large.
The reason why people think uranium price is going to go up is because they think demand is going to go up, not really comparable, and other resource markets are much easier to analyse than the salt market which none of us really knows much about.

>>50682460
Stilll in a downtrend on the weekly. As the recession Marra I've dominates the next month or two expect oil to go down more.

>>50682517
Just added my thoughts. >>50684891


Charts still show continued downside and crabbing. I think in about a month we might start going up again. Recession narrative is going to bring oil down even though fundamentally oil should be going up.

Im disappointed cuz I put a tranche into athabasca before earnings and was expecting an up move but that didn't even make it go up.

>>50684669
I'm not laying out a bull or bear case. I'm just poking holes in his bull case, showing how it doesn't make sense to be that bullish given his limited knowledge of the market.

>>50683334
The location is also excellent regarding logistical strategy and future market demands. There is really no major salt supplier in that area and they will have direct access via port to the countries which will be major buyers.

>>50683594
I'm with you on this. I'm invested and just see it as a solid prospect. Don't know if I buy into the $80 a share thing.

I think everyone in investing had to got hrougj their first bayhorse to get a healthier investing mentality. EMO, bayhorse, whatever lol.

>>50684828
>I just don't understand how this is actual value
In a normal, healthy market, the stock price is basically going to be equal to future value of the company, based on projected revenue flows etc. The dynamic changes a bit for non-productive companies but they're pricing things in I guess

>>50685003
Logistics are huge. One of the biggest slices of a pie in terms of operational expenses. One of you guys shilled a Texas based sand company a while back but I can't find it since I'm on a new phone and laptop screen took a shit on me. But I have a friend that's involved in a big project down there I'm hoping to ask him about the company but I just can't recall the ticker. Also not sure if he actually had any relevant info he could share that would be useful to investors. Or if that would be illegal. Not that I give 2 fucks tho. If it's illegal I'm probably moar motivated since that's simply just a barrier to entry for most people who are content paying taxes to pedophiles

>>50685811
Was it SLCA? I remember some anons had positions in that. I bought HCMLY myself for sand exposure (concrete, rather than sand for fracking)

What's up with precious metals and uranium? Going back up or are we going to crab? I'm hurtin here

>>50630041
It's funny that those countries put real effort into digging up actual resources from the ground and in exchange get fiat currency that can be created out of thin air.

>>50686497
>he trusted the plan

>>50686497
Uranium and precious metals for the rest of the year will in general go up barring some kind of crash event. Oil will go up once its done consolidating and crabbing.

>>50684977
Atlas is about 50% over the 200 dma which time and time again has shown as correction territory. Couple outliers though, it's still a small volume stock however that doesn't mean the rules don't apply.

Just don't go thinking it's invincible just because it's a different sector or so undervalued or whatever. Just be careful.

With stocks the second you start thinking something is invincible that's when it comes down.

>>50681561
>On Friday, the Nuclear Regulatory Commission (NRC) announced that it would be issuing a certification to a new nuclear reactor design, making it just the seventh that has been approved for use in the US. But in some ways, it's a first:
and it's second, behind natrium. amusing.

>>50686589
It's funny that people slave away in a job all day and I can just move around the equivalent of three months of their income and put it on an obscure Canadian salt miner stock and make double my money on it in three months.

Its all fucked and sad really.

>>50681510
>BTU has record amount of shares sold short though. Lot of other coal miners are very short as well. They are kinda in a decision zone
What do you mean the coal miners are in a decision zone?

>>50687001
>barring some kind of crash event
Off the top of my head there's pox lockdowns and Taiwan political tensions.

>>50683334
Fuck, I didn't even know about this video

https://www.youtube.com/watch?v=3DrVVleYp4M&t=343s

There probably wont be any significant dips anymore to buy, 7-10x from here minimum

What will Gold & Silver do if China blows Nancy's plane out of the sky?

https://twitter.com/disclosetv/status/1554086730067738624?cxt=HHwWgICw_bTpnJErAAAA

>standing up to NK will start ww3
>it doesn't
>interfering with russia will star ww3
>it doesn't
>standing with taiwan will start ww3
>???

>>50687742
>It does

>>50687800
Why would anything good ever happen?

>>50687672
10x overnight

>>50680523
>>50681697
Canadian stock market holiday

>>50688640
They are burgerplebs without access to the TSX so they trade the secondary listings on the OTC.

Any bros remember Mountain Boy Minerals? Look who owns over 8 million shares. Maybe there's hope and something positive brewing behind the scenes

>>50689718

>>50689718
Mountain Boy still has some very interesting ground, especially their Telegraph copper project (optioned from Bernie Kraft if i am not mistaken).

>>50689718
>>50689900
Looks like he got a pretty good deal. At least the shares weren't at a discount.
>Vancouver, B.C. – July 29, 2022 –Mountain Boy Minerals Ltd.(“Mountain Boy” or the “Company”) (TSX.V: MTB, OTCQB: MBYMF, Frankfurt: M9U) is pleased to announce that the non-brokered private placement for Non-Flow Through Units totalling $1 million, as announced on July 26th, has been closed. The placement involved a single private investor. Each unit, priced 12 cents, will comprise one common share and one common share purchase warrant. Each warrant shall be exercisable to acquire one common share at a price of 12 cents per warrant share for a period of 24 months from the closing of the offering, expiring on July 29, 2024. All securities will be subject to a four-month hold period from the date of closing, expiring on November 30, 2022.

>>50689963
>At least the shares weren't at a discount

Full warrants priced at the market, which is also at its ATL. That makes for a pretty good pseudo-discount.

>>50690156
Yeah, first time I've seen the shares and warrants at the same price. I hope to make it big one day so I can be the one fucking retail in the ass on these offerings.

>>50689718
am i wagmi, after all?

>>50689718
>>50689959
wasn't it them that vastly overrated their grade on something last year? or maybe they were only accessible by helicopter or something

>>50691177
their geos a while back screwed up on where to do drilling and ended with poor results at American Creek if memory serves me. They have a LOT of properties but yes most of them are hard to get to or helicopter access only. They also had a poor work season last year due to horrible weather over all.

>>50646442
Interesting how stories change overtime. The truth was any mention of bayhorse caused extreme seething and raging from a few anons. These anons would then post outright lies about the mine and viciously slander anyone who corrected them. When this is all over many lies will be told. I will be there to set the record straight.

>>50690566
digits confirm you are wagmi, but you might need to throw in another $45

>>50689718
I would never invest in a company called "mountain boy minerals."

>>50691409
You say "any mention" and you are being intentionally dishonest.

It was "repeated" mention to the point where the Baird WA sso over exposed to it that their responses became reflexive vitriol towards "any mention". It was consistent, domineering, conversation ruining, delusional mentions that turned it into hostility towards "any mention" and it was over the course of about six months.
I can't believe you're seriously defending this company. Whats the spin now? There only two more weeks away from the ocean deal? They failed dude. They fucked up. It's dead in the water. They don't even give you the courtesy of updating you anymore.

>>50692006
Ross Beaty should tell them to change their name to WAGMI Resources or Big Jap Booba Explorations

>>50646442
>>50691409
And the shit came from both sides. You can't sit there and honestly say that the bayhorse punoers weren't engaging in the shit flinging as well because they were and to say they were not is a complete lie.

>>50691409
One post by this Id.


Welcome back silver miner Anon.

A we're all going to meet up someday when we make it. It would be legendary. We have to.

Bumpu

>>50692060
couple years back all of you fucked up thinking it was a great deal. Including you for a minute or two.

now all of you are fucking up thinking it's a terrible deal.

in fact it's the same deal now as it was 2 years ago. What you guys think of it has nothing to do with what it's worth.

>>50692060
You are correct but he has a point. Initially the hatred all came from Lassen raging in /pmg/ and Midwit in /smg/. This was around the time you yourself held the horse IIRC, and many got turned to it in /pmg/ because one side was posting their DD and being civil while the other just raged and called anyone who asked quesitons about the stock a sock puppet of Silver Anon.

Eventually it did become a cult though you were attacked for being critical of it, but the amount of lies told by people who hated the stock in the early days cannot be forgotten and is partly responsible for the eventual cult behaviour forming.

These days everyone likes to remember things only after they became an overly defensive cult incapable of taking criticism, and I agree that making the horse out to be the eternal victim is dishonest, but at best both sides were as bad as each other.

I have no love for the horse, I'm not defending it or it's followers and I get very pissed when it gets used here to derail threads, but history is written by the victor and it seems the horse lost so take from that what you will.

>>50692060
I've been buying all the way down. The entire sector is in the dumps. If it goes to .01 ill double my position. The fundamentals at the horse have not changed. The price doesn't reflect reality.

it's fucking absurd that bayhorse holders spam the same shit in this thread every time

>>50695502
I don't even know what the fundamentals are anymore. What is a lie, what could have changed? The idea that they were mere months or weeks from going full production certainly either changed or was a lie.

>>50695502
>spam the same shit in this thread every time
This is the kind of dishonest shitposting I'm talking about.
We can go weeks without any mention of the forbidden horse and then some fag shows up and starts shitting on it umprompted and then all of a sudden claims any responses to said shitpost are a derailment or shilling. Yes it's annoying but it's clearly reactionary.

The days of horse spam are over. Let it go. We're a good solid thread now that actually discusses other things and other companies, stop trying to ruin that.
Right now for all intents and purposes it's a dead stock that bears no need to be discussed again. The only people who keep it going are the ones hold onto their hatred for the stock so desperately and are so traumatized by it that I can't imagine them being able to walk past a stable without having palpatations.

wtf was THAT

>>50696635
https://www.zerohedge.com/news/2022-08-01/bombshell-doj-says-jpm-execs-manipulated-gold

???

Gold up thirteen dollars. Another day in the gary savage was phenomenally and impeccably right world.

>>50696059
I haven't read the rest of the thread but I'll call out right now and back you up that bayhorse spam completely stopped six months ago. This is a solid thread now like you said. We've all grown and come a long way. I was basically a raging psycho a year ago.

Were in a much different, more experienced, and better place than we were a year ago and Ill say we're the smartest and best God damn investors on this entire board and it will pay off someday.

Were even getting to the point where I think were smarter than the posters on Ceo.ca

>>50696655
Known about that for a while. I think it's the Pelosi Taiwan visit happening today. Looks like China have hacked Taiwans government website lol
https://twitter.com/davidbelle_/status/1554425832378081280
They have also been really aggressive in their rhetoric towards the event.

>>50687406
Smart money has appatently put shorts on, the speculative options volume has dried. Feels like shorts need to be squeezed out or stonks could go. Likely oil shitting the bed could cause that. Although I'm not particularly worried, I'm happy to baghold companies that pay massive divvy yields. For some reason market really doesn't want to revalue coal stonks to something reasonable multiple level. I guess market expects coal to tank, which I suppose is somewhat likely after Europe survives the next winter as they are likely to go full retard energy transition mode, which coal use in particular. I don't think they can get rid of nat gas use though, so other areas that used or were going to use LNG are probably going to switch to coal instead. Particularly the poor countries who can't compete for LNG

>>50694278
Lol. Funny if that turns out to be the case but I really don't think so. They're just so far behind on deadlines and the updates havent been anything near substantial

>>50694662
Interesting. Yeah we're both just trying to call it like it is here. I'm not trying to pick a bone with you and I respect you and you trying to keep the record straight . That was a lot of shit flinging and it went on for a long time but that was still a good earning experience and it saved me personally from a lot of bombs down the road like Emerita and maybe Salt, not that salt is a bad investment but it taught me a thing or two about buying on hype and having skepticism and patience


I was explaining to my wife the other day how crazy this board is and how much we've been through and how crazy it is because you can't relate to anybody about how much this board has changed our lives. How the fuck could I even describe it lol? Bayhorse was an experience I'll remember for the rest of my life and it was fuckin crazy and I learned a shit ton.

Boom!

>>50698065
I am absolutely seething, a buy at .40cad last week got cancelled because I placed it for EOD instead of good til cancel.

>>50698065

>Mfw these keep on pulling 5-10% every couple of days.

Just can't stop winning with these two.
People who wait for either Atlas or Vulcan to pull back are going to miss out hard.

I literally told you guys last night atlas was way too far over the 200 dma and now its dumped 50%.

You really gotta watch out for that 200 day moving average.

>>50698265
REMRF? On a 160USD order?
High volume SALT on TSXV is cruising along nicely.

>>50698364
yep. looks like jut an error. However i put an order in @1.67 trying to scoop some shows and ameritrade did me the favor of cancelling my order and selling me those shares at $2.70 against my request.

God i wish I could kill people right now. Just mass death. That's all I need.

Anyone else notice the normies are starting to hurt?

I FOMO'd into SALT, so I apologize for the imminent price collapse. I'm used to bagholding so I'm ok riding it out, the story seems good on this one.

>>50696801
So you think coal doesn't really have a future as an energy source in the US?

>>50696692
>Another day in the gary savage was phenomenally and impeccably right world.
Feels fucking good man
>>50696742
>We've all grown and come a long way
Definitely, I know I have and I'm proud to have been a part of these threads since the beginning and to have learned and grown alongside it and changed for the better.
>I was basically a raging psycho a year ago.
Yeah I remember lol. You seem not only more chilled these days but generally happier so good for you bro, for whatever it's worth this anon is glad to see it.

>>50696814
>how crazy this board is and how much we've been through and how crazy it is because you can't relate to anybody about how much this board has changed our lives
For sure. Trying to explain to anyone the life changing effect an anonymous frogposting investing forum has had isn't a conversation I could even think about how to start lol, especially given the association most have with 4chan.
>Bayhorse was an experience I'll remember for the rest of my life and it was fuckin crazy and I learned a shit ton.
Same. Even if the Horse is destined to be glue it still taught many of us a lot, and without it and without Silver Anon we wouldn't even have these threads and personally I wouldn't have my entire net worth in commodities sitting on a potentially generational wealth-creating portfolio

You didnt sell BLLG bottom right ?

poo bros...I wasn't done accoomulating...

>>50698854
Sorry its not up to date. Going up too fast.

You didnt sell right ?

>>50698957
Some of these juniors have experienced some extreme volatility recently, is it just that I wonder, or did they have a really good drill result that just hasn't come out yet?

>>50698924
You had 5000 years
>>50698854
>>50698957
Let's gooooo

>>50698364
>>50698432
I got excited and tried to jump on that US$1.63 with my remaining money and it told me Atlas is $2.72

>>50698124
it's now slowing to warp factor 2

Made a fresh one with the new and improved pasta

>>50699529

>>50699149
I think they're just rising with the tide of Gold. Most of the metals juniors on my watchlist are up similar amounts the past few days.

Syscon remains dedicated to being the ultimate solution for applications that need security, decentralization and scalability, but without the compromises. Every advancement of syscon is built on the base layer of security that only bitcoin can provide and that is why we stay on Proof-of-Work through merge mining.