/biz/ - Business & Finance

$30 Silver in literally two more weeks

>>53679436

>>53679404
>This meme

>>53679436
Within one month it will test $28-30

>>53680058
And then it will pull back and then it will go to $50 and beyond After that.

>>53680058
*start the processor testing $28-30

Can someone post the reason or chart for why they think it will suddenly blast off? I should get my $2000 from taxes eom...

>>53679981
>Bob is "anti-racist" and pro jew
Why does anyone like this guy again? he's literally r*ddit.

>>53680103
If this board was pro-Jew Bob would be posting Hitler speeches

>>53680283
I doubt it

Brunswick fags on suicide watch

Can the balloon nonsense end soon? The Chinaman is the top refiner, no reason to move tons of rock for pounds of material if we are not friendly

I'm already up bigly on my lithium investment. I'm thinking $PLL could hit as high as $100 but outside circumstances could bring it back down to the $40 range in the short term. Should I cash out my gains now or hold?

>>53680098
We've been posting for three years nigger. Most immediate and quick points are that the eight year cycle low was reached in gold in November of last year.

We literally talk about this shit all day every day from all kinds of angles.

Do you think gold will be more expensive or less expensive in two years? Do you think the government is going to continue deficit spending or somehow pay down a thirty trillion plus dollar debt? Do you think it's good for American economic strength that a trillion dollar spending bill was passed last year?

Do you think the Russian war is going to escalate now that spring is approaching? (It is).

I can post a chart no problem but I won't be able to for a couple of hours. If you can pull one up yourself, look at silver. Perfect example. Putting in a low right now. It dipped down barely at all, making a low and rsi is oversold.

In the grand scheme of things you have time. Don't sweat dollar moves in silver and hundred dollar moves in gold. When silver goes to $30,$50,$75,$100,$500 you won't care about the little bit you could have saved by buying at the right time.

>>53680326
Lol this is like the trillion dollars worth of gold found in Africa last year.

>>53680383
You should sell. It's at a top right now. Not the end all be all top probably but a local top. Just like what happened with uranium. Fp you want to take those gians now or do you want it to dump and you baghold for another year or two or five?

>>53680472
I have tattoos on my head. I live in a trailer. I give good financial advice. I'm getting an A in my intro to accounting class at my local community college. I also have a geology degree. Trust me with your money.

>>53680482

Fucking pic didn't upload and ruined my post.

>>53680494
And now it's sideways God dammit.

>>53680494
>Trusting anyone who doesn't have white nationalist symbols tattooed on their head
Shiggy diggy

Uranium just seems to be squeezing up more and more like a coiled spring I think it’s going to rocket higher soon

>>53680628
Always trust the head tattoo. Reg Incognero should have won the Pulitzer for his Peaceful Burning of the Auto Zone coverage during the St. Floyd fiasco.

>>53680448
>Do you think gold will be more expensive or less expensive in two years?
more, in terms of dollar, but there are better risk assets and better conservative assets to shield oneself against dedollarization. Gold is somewhere between energy carrier and a value stock

>>53680696
FUU gon go up

wen moon?

>>53681745
how did he do it?

>>53680448
>>53680098
Low as indeed in. David Braddy, Gary Savage and Michael Oliver agree with him on PM going up hard in the next 3-4 weeks.

I dont care if they're wrong, I just buy miner every paycheck. DCA beat timing.

>>53679436
>>53680058
Excellent fan fic. The greatest story would be thinking First Majestic will ever hit $15 again.
>>53681745
>>53681937
Based

>>53680448
If the Russians squeeze exports, it will mostly be products, no? Surely this will see an increased demand in the US for Canadian and Venezuelan crude, right?

>>53682154
You will see massive happenings in platinum markets starting in march. South africa is down in production, too.

I love my /cmmg/ bros and we’re all gonna wagmi

>>53682614
https://twitter.com/johnjhin7/status/1624420827973435393

He's kinda right, you need a plan. I need at least x15.

A well known non-goldbug twitter name speaking with GV. Won't disclose who but seems like everyone is seeing the same picture, a big leg-up.

>>53682180
Remember bros I have called 20,000 platinum for two years now.

Been reading the archives. It seems like the silver juniors often mentioned are: IPT, GSVR, SCZ.

Are these still considered top names?

>>53683758

someone made a compelling case for viscount and kootenay a thread or two i believe. both sitting on sizeable oz at a small market cap. check them out.

>>53683783
thread or two ago*

On another note, I see that platinum is putting in a low. I'm thinking of buying some Sibanye/Impala. Do others think that's a stupid idea with potential production issues? I was originally thinking these would have great leverage to increasing Platinum prices.

>>53680312
I highlight your racism and call attention to it. This serves the same purpose as you expressing it in the first place. It keeps people that disagree with you out of the thread.

>>53680312
>>53683860
whoa i'm seeing double here

four niggers

>>53683891
Kek
Two double niggers

>>53683860
And now he impersonates as well. All shabbos goyim are of poor character.

>>53683930
You're so new it's cute

>>53683930
see, here's the problem
everyone knows bob is white, he posts his geriatric face at least once a fucking week

nobody knows you're white. Nobody even thinks you're white.

>>53684000
Whiter than you, nigger.

>>53684041
>estrogen hand

>>53684020

Currently looking at the reserves and resources for SCZ and I see multiple tables like these. Is each number separate and I'd have to add all three up to get an estimate for everything in the project? If so, it seems like this company has a ridiculous amount across all the projects.

I am admittedly new to this.

>>53684055
High caste nordid hand*

>>53684068
Actually looking at the asterisk it looks like M&I includes the reserves. So I would just add the last two numbers 42.6+53.1?

>>53684060

>>53684102
Yes. Ususally M+I is inclusive of reserves, but some of the big companies do M+I exclusive of reserves. Always check the footnotes.

>>53681937
>"The moment I saw her, I felt like I was looking at a sparkling, shiny rock," said Mitsuo. "Even though she was new, her performances were amazing, and very cute."

Though he was based in Oita, he would travel to Osaka every week to catch her performances, and would never miss the online live events either.

Soon, Tomoe began noticing Mitsuo as well. "I feel like he is different from other fans. I can confide in him and talk to him about my troubles that I would never tell anyone else.

"Once, he wasn't there at our concert. I thought it was weird as he always came, and I started looking for him onstage. Without him in the audience, I felt empty. From that moment on, I realised I seemed to like him."

Tomoe took the initiative and eventually confessed her feelings to Mitsuo. Mitsuo said he never thought the day would come. "After all, I'm just a fan. If an idol says they like you, maybe they only like you as a fan. I couldn't believe it when she said she liked me as a person... So I said, 'let's start dating then!'"

dgp?

>>53684181
saved

>>53684278
>Me panning the creek with my buddy

Anyone know where to get M&I numbers for Impact silver? I don't see any in their presentation.

>>53684358
They don't have any. They just mine what they find pretty much, and costs are going up.

>>53684306
>mfw panners in my shitting creek
sorry bout the nugs friend

>>53684358
We're not here to spoonfeed you, bloody bitch basterd.

>>53684398
>Mfw

Fathom Nickel = 26 min mark starts FNI Nickel with Crescat PAY ATTENTION to what QH is telling you about the Next Junior Nickel DISCOVERY https://www.youtube.com/watch?v=YDjP6vzxtDw+
German Fund full of high Net Worth people are also in here :)))))
Get a position while still cheap !!!!!

>>53684605
300 m with 1/2 percent nickel coming and no other junior has these results Rush Assays end of mar early april
Also wait till they get all the assays for cobalt copper and pge's should be a BOOM of a hole from Gochager Lake then will be probed by the BHEM tool so second drill hole follows the high grade zone target

>>53684615
A BIG DRILL HOLE is coming #LOADUP cheap shares 1967 had a 290.4-metre intercept that returned 0.58 per cent Ni, 0.11 per cent Cu starting immediately below surface. Within this interval, and at the base of this interval, a 9.70-metre section assayed 2.37 per cent Ni, 0.35 per cent Cu and 0.14 per cent Co
Fathom Nickel = BOOM BOOM !!!!!!

>>53684624
When they HIT the market will be exploding :))))) as i would expect a news release as well and it won't take long to drill the 1st hole
pretty good gamble a 300 metre 1/2 percent nickel already from 1967

>>53684450
>dad I don't want to play the blues anymore I want to go to the park
i'd beat the shit out him

>>53684605
Reported

>>53684632
Fathom Nickel = New Discovery at Flagship Albert Lake Project a 300m Mineralized Corridor Similar to Past Producer of Ni-Cu-PGE new presentation https://fathomnickel.com/wp-content/uploads/2023/02/Fathom-Nickel-Inc-Corporate-Presentation-February-2023.pdf
very few juniors out there looking for Nickel so be nice to get a discovery with fni

>>53684605
>>53684615
>>53684624
>>53684632
I'll boom boom your drill hole if you don't fuck off m8

>>53684646
https://www.youtube.com/watch?v=zjX8e27GkeU+
QH Crescat this is one of the more exciting nickel stories going
listen to Crescat
Crescat adding over 600,000 shares to over 13 % ownership of FNI and they can easy add millions more as they like a 20 percent ownership in companies {You see Canaccord loading heavy that's a clue crescat is buying in the market}

>>53684663
Fathom Nickel and QH is right very few high quality juniors out there for Nickel FNI has a good shot at a high grade discovery place your bets its all gambling with juniors

>>53684649
Release the hounds

>>53684605
>>53684615
>>53684624
>>53684646
>>53684663
>>53684667

Die FaggotRed

Let's make a discussion dudes.

1. Best large cap silver producer.

2. Best small cap silver producer.

3. Best silver explorer.


Mine....

1. I don't know enough about the majors to make a definitive statement but I think hecla has a lot of potential and is undervalued.

2. Best small cap producer. Gogold by a long shot. Listed on SILJ. massive growing new reserve in the hundreds of millions of ounces. Relatively safe jurisdiction in Argentina. Healthy Financials.

3. Best explorer. Abrasilver. Retardedly large deposit. Retarded grades.

Discuss.

>>53683758
Yes they are to me at least.

I'd say you could do pretty well with those three but it is paramount that you research each one so you know what you're getting into. They all have their own story and you need to completely understand what they present if you want to make good investments with them.


I'll give you a little bit of an outline.

1. Impact- producer barely breaking even at current prices but large production output that will give a lot of torque when prices go up. Not listed on silj or other etfs. (Confirm that I haven't checked lately).

Santa dcryz- recently increased production 6x and is valued at previous production levels, market is either ignoring it or scared of the large debt eisk they took on.

3. Gsvr- recent take over. Lots of potential.


You really need to know the stories with these guys. Ceo.ca is a great place to start.

>>53683758
The three you listed are producers.


Viscount and kootenay are explorers.

Very different in terms of investment strategy.

>>53683847
Make sure they can survive economic downturn and you should be good to go. World platinum supply is about to implode.

>>53684860

is retarded grades good are bad

>>53684921
or*

>>53684000
What if red and bob are the same person but red is just all of bobs old pictures. They both look the same and face whore just as much.

>>53684068
Good on you for learning anon. Stick around. You'll go far and do well. If we're about to enter a new bull market (we are) you have long years of good gains ahead.

>>53684068
There are three stages of reserves.

Probable.

Measured and indicated.

Inferred.

Each category has different burdens of proof for a company to claim as an asset.

looks like ceo.ca found its lead moderator at reddit

>>53684358
>>53684389
And that's part of the story and why I said you need to know those guys story. Impact has big ass resources but their ceo is a boomer who won't prove them up and just wants to coast.

>>53684404

This dudes actually doing the work though. I think he deserves respect.

>>53684624
Rocket red kike nigger.

>>53684948
Omg.
Mineral reserves are either proven or probable.
Mineral resources are measured, indicated or inferred.

>>53684921
Good. They're so good it's retarded.

For silver drills you want higher than 70 gpt for it to be considered good. For gold you generally want 5 to seven. But it depends. Open pit mines you can have 1-3gpt.

>>53684974
Whatever.

>>53684921
Depends on the depth, shape and orientation of the deposit, its proximity to infrastructure, its recovery characteristics, and permitting considerations in the particular jurisdiction.
1g/t oxide near surface in Nevada goes a lot farther than 5g/t sulphide at depth in northern Quebec.

>>53684860
>Relatively safe jurisdiction in Argentina
Argentina is *not* safu. They are borderline commie and you can't even take profits out of the country without them taking a huge chunk again.

>>53684921
For example, compare to grades of Marigold in Nevada to Donlin in Alaska. On the surface you might think Donlin is the better deposit, but Marigold is the one that makes money while Donlin is still a pipe dream.

>>53685047
>Argentina
Depends on which province.
If it begins with an S, then it's good.

These are the numbers I'm getting for overall resource with GSVR

>>53685272
And SCZ

>>53685272
>>53685284

gsvr is my main silver position. there's even a store now where you can buy rounds from their properties, but i can't have it shipped to me unfortunately.

>>53684860
>Abrasilver
great drill results, crappy Great Panther-tier share structure, questionable jurisdiction. If it drops to US .17 or less again I start to like it. GV pumps every news release like a mad man because he bought around .06

>>53684973
I'd like to see him die an agonizing vaxx death

>>53685519
cool it with the antisemitism. I've got 15 boosters and I'm still alive.

>>53685047
He doesn't even know how desperately needed he is, Austrianbros.....

evening all how are things?
Was out all afternoon checking on roads and doing a bit of target practice, hope everyone is comfy.

>>53686021
>checking on roads and doing a bit of target practice
Do it at night with a Leopold tracker thermal imager and a spotlight ; )

>>53685960
Why is /cmmg/ on life support now after the previous two bonkers fast paced threads? bump

>>53686755
Pissing down bobs throat is what keeps these threads alive during market closed holidays and wkends. We all love doing it and he seems to like it too

If this UFO shit was real, then wouldn't commodities be flying?

>>53686844
Missiles aren't commodities anon

>>53686865
Acshually, anon ...

>>53686844
The world isn't going to ramp up production whilst it's being colonized or genocided.

>>53686844
the major train derailment is probably more important, thats going to be one HUGE pain in the ass to clean up, and is probably wrecking local ground water right now.

Greater supply would yield a lower price, no?
Where is the demand? No, I don't see it either. UFO story is pish.

>>53686799
>he seems to like it too
We've been playing this game for 3 1/2 years now
you guys keep guaranteeing me that I'm an idiot and you're financial geniuses whose time will come sometime soon. Maybe this year?

Meanwhile I've run over $3 million through my bank accounts all while you kings tell me how stupid and wrong I am. It's good fun.

>>53685284
>>53685443
Scz gogold and Abra are my mains.

So now new guy you would look at which if these companies are drilling and seeking to expand their resources.

>>53686937
Maybe we could all marry a van Ness and gloat about making it big despite having a tiny cock and smaller brain

>>53686901
Like during WW1 & ww2?

There it is. Natural gas will never go down again in our lifetimes.

>>53686956
Not exactly sure where I get that. But I've tried looking at the Q3 22 MD&A reports for each.

GSVR has multiple hits for the word "exploration". For example:
>Exploration programs for the San Ignacio and Valenciana mines are being evaluated, once a careful review of all available information is complete.

While SCZ has this as a 2022 focus:
>Suspending the long term exploration drilling campaign at the Mexican Santa Gorgonia Prospect and focusing on near term production properties and expansion of the active resource at Zimapan in order maximize value from capital expenditure

So it seems like GSVR probably wants to expand it's resources. SCZ seems to already have a pretty solid amount.

Its easy to calculate swing exits on a short time frame. But what about stuff thats 6 months 1 year, 3 years? How do you know when to take some profits or DCA up/down?

>>53687227
Do people realistically expect GSVR to grow their resources by 5x? If not, it seems like SCZ might be the better play in that respect.

Sorry to be that guy, but does anyone know what ever happened to Bayhorse? Are they even still around?

>>53687490
No with that one it'd be the value prospect. They currently have 30m oz of silver which is selling for 22 dollars an ounce. When silver goes up the value of that resource goes up. Theoretically every dollar rise in silver price is an increase of 30 million in value for gsvr. Now this is where marketcap comes into play. How much is the company trading at versus its actual value. If gsvr market cap is say 30m and silver goes up 8 dollars to thirty dollars, that is an increase theoretically of 250 million to the company. This is where a large part of our expectations for returns to come in. It's basically a call option on silver.

Whether you end up liking commodities or not. If you stick around here you'll learn all kinds of shit about stocks and investing and you can use the knowledge in whatever sector you want. You'll go on biz and see that most people are clueless. Not saying we know everything. But the things you're looking at sre way more than most people even do with their investments.

Good job dude.

>>53687490
Of course they have things like costs and what not. I'm glossing over and doing napkin math.

How old are you? Seriously asking not provoking. Curious.

>>53687227
Go to juniorminingnetwork.com to look up companies and see their news releases, this is where you can find out their drill and exploration campaigns.

Then you go to ceo.ca and look up the companies and read the chat threads about the company.

Congratulations you just learned the basics of solid DD and are ahead of 99% of investors.

>>53687227
Remember to always value your own opinions over anyone else's. Never take someone's word at face value. Always research and confirm. Never feel rushed. There's always time in stocks. Always time to make moves, plan, and react. Never feel rushed like an impending event is going to happen.

>>53687227
>So it seems like GSVR probably wants to expand it's resources
Predictable. Their low mine life necessitates further capital expenditures through the drillbit

>>53687714
26

>>53687997
Call. That's what i thought. You have a good head on your shoulders. I wish you all the success and luck.

>>53688038
Cool*

>>53687823
Whay does GSVR'S exploration picture lok like anyway. It's one of those companies that just for some reason I can never remember their project. Personally I think they're maybe over hyped. Especially since Don durett shills them all the time.

>>53688058
from what I remember they are chasing high grade veins in old workings in Mexico. I think they have two producing mines with m&i&i resources and a PEA, so not terribly accurate studies done. Mine life was 8 years or something iirc

>>53688058
>>53685443
>>53685272
http://epsteinresearch.com/2023/01/26/guanajuato-silver-6m-silver-equiv-ounces-in-mexico-in-2024/
http://epsteinresearch.com/2022/11/10/the-fastest-growing-silver-producer-in-mexico-strikes-again/

>>53687560
lurk moar

Bump
>>53684682
Great stuff

Emergency bump

Nat gas dumping again. Lol.

Its never going above 2.8 again.

>>53690759
Kek.
Natty broes, I've got a new one for you ...
Lithium ... buy the top in classic /CMMG style.

OJ Sisters...

>>53690925
Same with natural gas. Whats happening lol. Its a straight line down

>>53690990
I woke up early to buy UNG and this is what I find

>>53684196
simp bros, we won?

>>53684196
>>53691611
nope. parents probably pocketed a hefty sum.
sorry. real world is knocking. chiefs won.

Dad, if you are here, I boughted silver instead of shit coins. Hope you are not too disappointed.

Will Charlotte McLeod let me fuck her asshole when Blue Lagoon Resources (Ticker: BLLG) moons?

Best stocks for the great reset? Any house building companies specializing in pods? Any bug farming projects?

>>53692491
None. Goys will not own anything, that includes stocks.

>>53692457
Yes. If you have enough stock in it.

>>53692491
META, BYND

https://www.kinross.com/news-and-investors/news-releases/press-release-details/2023/Kinross-announces-robust-initial-mineral-resource-of-2.7-Moz.-indicated-and-2.3-Moz.-inferred-for-Great-Bear-project/default.aspx

Great Bear maiden resource dropped today. Market seems pretty neutral about it, I suppose it was inline with expectations. I expected the open pit to be a big larger though. Mgmt has talked about doing OP for 10 years and 400-500koz.

>>53692291
Son, I'm not disappointed. The cryptophenic people will watch their digi-coins go to ZERO but "big dick silverchads" will be king of the wasteland like in those video games you have so many of upstairs. Love, Dad.

>Army veteran 1974-75
>'78 mustang
>9 silly meter? No thanks 2 world wars son
>Sent from my Motorola Razor

>>53694611
Everything before 1965 was a video game wasteland in the mind of retards worldwide

Gas baggies lol

More SPR releases. Is the CPI coming in hot tomorrow?

>>53687117
Bad comparison and you know it. Investing in the Neandertal or the Native American gets you a shallow grave not the penthouse.

>>53696649
>1965 was prehistoric
This is why you get slapped down by everyone itt all day every day

>>53692457
Nope. You get the Banyan bitch.

Anyone following the Cantex story? They tested their samples for germanium and found a shit ton. Quite the turn around for them as they were drifting to new lows.

afternoon! Just popping by with a bit of news!
https://www.mining.com/web/freeport-mcmoran-cuts-forecast-after-floods-damage-indonesias-grasberg-mine/

WTTR
Select energy services
I wish I knew moar about oil field services to branch out of sand. I wanna learn about water and chemicals but am a brainlet on chemistry.
Any anons that know where to start learning please send a primer for the sector and I'll pour over it.
Almost freed up enough to start the memeline class from ira Epstein. Got roped into roofing in the next county over so I'm delayed yet again

>>53698813
Literally just hit up investopedia or wikipedia

>>53698834
Noted. Be frank anon. How much do you trust those sources? I've been reading up but it's such a broad industry and Im on a novice level so it's somewhat overwhelming. This is why I've focused on frac sand
>Picrel
My attempt to look for correlations between WTTR and crude oil movements. Energy is such a enormous market it's somewhat mystifying to me

There it is. Natural gas will literally never go down again in our lifetimes.

>>53698971

>>53699119
>>53698971
What's the thesis here? Natgas is very unpredictable. I was considering some bags in April/May in expectation of a hot summer.

>>53698900
It's good for a primer. It gives you a good broad, general sense of what the market is, how it behaves, what to look out for. But then you go to specialist sites that contain detailed, specific information. Like check this out for natty
https://en.m.wikipedia.org/wiki/Natural_gas_prices

>>53682180
Any news or anything at all to follow up on this?

>>53699146
long-term gas prices at HH are going to go up up up as LNG terminals come online and nat gas becomes a global market. why would producers sell to power plants in the USA when they can send their product to an LNG facility and ship it somewhere like japan/korea/europe that has no gas?
gas prices in the usa will increase to whatever they need to be with euro exports, which is terrible for us because it makes our industry less cost effective, but is good for domestic gas producers

>>53699146
>unpredictable
Energy is in general desu. I don't have an energy thesis as governments and discoveries change so fast and unannounced I don't think I'm smart enough to sift through it and make a wise decision

>>53683377
baggie cope and boomer rage for holding gold in 2021.

>https://im-mining.com/2023/02/13/future-metals-makes-mining-and-processing-breakthrough-at-panton/
From the article
>The bulk test work involved compositing separate chromitite and dunite samples to replicate the expected feed mix from a mine stope. The chromitite and dunite were crushed and screened into to three size fractions: plus-25 mm, plus-10 mm, and -10 mm.

>The bulk ore sort test work validated the sighter test work on multiple size fractions, demonstrating 96.7% recovery of high-grade ore and rejection of low-grade and waste, increasing the PGM grade of the potential mill feed by 10.7% and reducing the throughput volume by 12.7%.

>Kininmonth concluded: “Additionally, we have been progressing discussions with potential technology partners to assess a low-capital downstream integration option at Panton. Downstream integration enables the production of high-margin metals products while also significantly decreasing the emissions profile associated with those products, thereby differentiating Panton from the majority of South African and Russia producers, which use coal-fired power and generate other emissions such as sulphur dioxide.

>“Downstream processing also closely aligns Panton with the Australian Government’s critical minerals strategy which incentivises onshore upgrading and development of strategically important deposits such as Panton.
How safe is strya for a jurisdiction fellas? I like white countries obviously but their covid response was terrifying.

>>53699525
We'll see how that pans out. It's baffling to think cryptofurries see PMs as a bag like any other stonk or digit coin. Imagine how terrible it would be to hold bags of fucking silver and gold

>>53699550
their fairly safe for mining but it depends on which region your looking at, some parts seem horrible to operate in.

>>53699585
I'm a firm believer that nothing will ever happen, so It'll be rangebound between 1700 and 2000. PM sector has nigger tier dividends with NEM being the best, so I have little exposure other than physical.

>>53684000
>white
>w

>>53699550
Australia is one of the safest, especially western aus where most of the mining takes place. But the rest of aus is safe too I think.

>>53699622
I've said this so many times but PMs don't pay as good of divvys as other mining sectors, should that be what you're after.
I bonds exist and have a ton of ways, if you're a muttburger, to avoid taxation. We don't discuss bonds or anything else here so this is all I'll say about it.
>other than physical
That's great. You'll make it fren

>Picrel
Barrrick pays nicely. However they have a long, bloody track record. Not gonna fud you away from gold miners, but it's not always the most ethical industry. If they'll kill to succeed then what is they're incentive to refrain from fucking you over?
Food for though senpai

>>53699825
kek, this reminds me of the new story the other day about the south african mining industry being proud they hadn't killed anyone in a month for the first time in decades. i would never in my fucking life step into a mine outside of AUS, CAN, USA, or western/northern Europe
>>53699876
Barrick is a shitheap with trash management who don't know how to run a corporation. Look at their barely-investment grade credit rating

MIKE MALONEY

SPIKED BALONEY
https://youtu.be/y-IemeM-Ado

Looking more into SCZ. Watched a video and the picture is looking a lot worse.
Seems like Bolivia is a terrible place for mining.
The Bolivian projects are half owned by the government, and have high tax rates.

>>53700013
all the brownies are nationalizing their lithium reserves. once you make the investment and build the mine there's almost nothing that prevents them from completely nationalizing. it doesn't need to be an aggressive one-step thing either, look what venezuela did to the oil majors with creeping taxes, capital inflow/outflow regulations, additional asks for the local community, etc
you'd better hope and pray to god that whatever south american shithole you invest in continues to have a pro-west government, or else that money's fucking gone. the best part is that countries like ecuador and peru can be pro-west one day and socialist or re-writing their constitution the next year.
SA is a shitshow, as is most of the world. that's why american real estate and enterprises have high valuations.

Oh, noes, SALT broes!
You got the hose!
SALT kangz, youse wuz warned.

>>53699938
My first ounce of gold will arrive in the mail tomorrow.

>>53700102
Glad I didn't fomo in. I knew I missed the entry and saw it take off, which means I didn't get fucked with the bag this time. I'm learning.
That said, does it still have long term potential?

>>53699915
>Barrick is a shitheap
I thought I covered that when I said they're murderous crooks. If the books are covered in blood and signed by a member of the bush family then I don't need to see inside the ledger. I try not to fud or shill since I don't care what anyone does with their money.
I used barrick as an example and not a good one sorry if I didn't clarify myself properly earlier

>>53699915
Gonna need a cap of that story for reasons

>>53700148
>does it still have long term potential?
Maybe, but I'd wait until the price evens out and people lose interest. Atlas spent a relatively large sum on promotion and it got plenty of hype.
I still don't like its projected price assumptions.

>>53700216
sorry, not in decades, first time ever

Seems like ABRA warrants a look

>>53700369
>Mexico and Chile ahead of multiple American states
Can you share the source for this absolutely garbage figure, please?

>>53700387
Fraser Institute annual survey of mining companies (2021)

>>53700229
>projected price assumptions
On the salt?

>>53700391
Ohhhh, it takes into account geology as well as government. It's also a ranking by executives, who are biased. Here I was thinking it was a ranking of only governments/geographies that didn't include general consensus on potential finds in a region. Seems like a pretty worthless chart overall. Too many factors. I'd rather look at the data for a specific project and then at the government policies, not try to combine the two.
Also kek, lmao. Canadian think tanks are a different animal. Instead of a bunch of nerds who went to Harvard that place is run by retards who've done nothing in their lives.
Please don't take that shit as gospel anon

>>53700440
Fair enough. I was trying to compare jurisdictions more in terms of policy than geology. I still don't have anything much better to go off of, so I'll look at the policy perception index.

>>53694611
Thanks Dad.

>>53700492
I'm just an autistic drunk, but these jurisdictions
>>53699915
>AUS, CAN, USA, or western/northern Europe
are your best bet from a governmental perspective.
After developed western countries it becomes a shitshow of estimating how business-friendly and stable third world countries are.

>>53700387
First thing I thought was capital flight restrictions and regulations. Mexico just nationalized their lithium. If anything this would be a coup potentiality scale. But I'm schizophrenic.

>>53700393
Yes, on the salt.

holy kek, lmao
i'm reading the bios of the barrick gold leadership team
they're not barrick, they're randgold. canada let one of its most important companies get raped by a bunch of africans. nearly every executive is a fucking randgold carryover. you could think that learning how to make money in africa means you can make money anywhere, but even their CFO is from randfold. no wonder their balance sheet is so fucked up. sorry mate, it's fcx and nem for me.

>>53701071
Why do you think this? Curious desu. Sand and salt logistics are more impactful to the operational costs than any other factors from my own delving. Could be wrong and if I am I wanna know so I can correct myself.

https://ceo.ca/@accesswire/blue-lagoon-encounters-additional-significant-intersections

Early news ! Get in there Pooh bros !

>8.68 g/t Au, 68.4 g/t Ag and 0.27% Cu over 3.55 meters including 24.40 g/t Au, 158.0 g.t Ag, 0.50% Cu over 0.60 metres
>7.28 g/t Au, 60.0 g/t Ag and 0.94% Cu over 3.87 meters, including 14.98 g/t Au, 78.5 g/t Ag, 0.53% Cu over 1.40 metres

>>53701135
I do business with Barrick
>>53683377
I have a feeling that by mid 2024

>>53680326
>he still thinks it has anything to do with lithium's scarcity.

>>53702058
Ooooohhhh I’m going to cooom in Ms. McLeod’s shithole. Does she wash with Irish spring, bros?

If i want to get into uranium what would be a good ticker? I was thinking URNM but desu idk much

>>53702302
Faggot nigger fuck off

>>53702058
Wasn't that one of silverjews sure fire 10x picks?

>>53702303
Thanks anon

>>53702302
Sprott physical uranium, uranium royalty corp seem like good options. I can't own either of those, so I own URA and UEC.

>>53702411
I should've mentioned i own 0 commodities but after lurking for a bit I've seen other anons say uranium is a good place to start.
Or is there better?
Should I just get energy ETF instead?

>>53702419
Anon, I'm a retard too, so take what I say with a pinch of salt. If you don't own any commodities, buy some gold and silver. Physical if possible. Get ETFs if you can't own physical (people here recommend PSLV for silver, I own different ETFs for gold and silver in my country). Price of silver and gold are cooling down a bit right now, so now would be a good time to get in. Other than Gold and Silver, I own energy related ETFs, some uranium ETFs, crude ETFs and natgas ETFs.

2 weeks left for silver to hit $34 or GV's perfect record of never getting a target price prediction right will continue.

>>53702058
Once again Rana lacks length.

>>53682751
>guy is up 4x and started in 2020
>im still down 20 percent and started in 2021 with pm miners
I know I shouldn't compare myself to others but it's over for me

>>53701169
My objection revolves around the assumptions in picrel that there will be price increases while the disruptive supply from their mine is introduced to the market. The new supply from a source this big will have the opposite effect in an industry where demand is rather constant (+- for weather) and price projections are calculated on historical assumptions. These projections fail to account for the introduction of their own supply to the market. If anything, the price of road salt will remain relatively static or even decline on account of this.

>>53702667
what you do is crash the market long enough to drive competitors out of business, then you cut back production to restore prices or even raise them. This allows competitors to again start business, so you drop the price again to drive them out of the market.

the result is rising average prices over time, but both the commodity and the companies mining it become cyclical at varying wavelengths depending on supply and number of competitors.

this cyclical behavior is then flattened out via long and short sales. Contracting to sell at some agreed upon average price no matter what the actual price is that day.

>>53702667
The goal of this:
>>53702698
isn't necessarily to make the largest profit possible, rather to drive competition out of the market and gain market share over time. Also to buy up the competitors you bankrupted.

>>53702667
>>53702698
>>53702707
or to make it very simple

the price isn't going to go down because there's more competition. All that will happen is existing competitors will go bankrupt.

>>53702667
the other thing mines do to control price is simply warehouse their production and only sell at a certain price.

again, if they can afford to sell cheaper than the next mine, the next mine will eventually go bankrupt. Storage has costs as well, but it's worth it anyways and essentially all mines do it or pay someone to do it for them.

>>53702698
>>53702707
>>53702713
I understand that, but it makes SALT's PEA all the more meaningless drivel.

>>53702755
they also don't have to lower the price much to bankrupt competitors. Since the market is highly competitive to begin with, lowering price by a couple cents could bankrupt other mines that are running super thin margins. Even the threat of lowering prices could very well end other mines and those mines would likely see the benefit of selling to the cheaper company rather than trying to compete with them.

>>53702785
Hence you are agreeing with my point that their PEA price projections are useless.

>>53702805
any document presented to investors should be viewed as rose-tinted bullshit.

but the price projections may indeed be about right. They're certainly not going to crash the market completely with their output, they've got managers making sure that doesn't happen.

>>53692457
is she part Japanese?

>>53702821
>any document presented to investors should be viewed as rose-tinted bullshit.
That was where I started with my reply to anon above, and now we've come full circle. We are in agreement.

>gas ranging like a shitcoin

Hecla doing some bragging this morning

gas sisters?

CPI clownshow

I hope brapgas bears get gassed

fair value at 3.8$

>>53704004
Nothing burger.

>>53704058
>Austrian economics
>fair value
Pick one.

>>53704004
Anon, will it go to $20 or below? I already boughted twice at $22.0. I'm a poor so I want to maximize silver quantity.

>>53704528
>>Austrian economics
suck my balls the austrian way you faggot

>>53704930

>>53704608
anon, a monkey throwing darts would have a better chance predicting this than anyone here

Why are PMs still fucking lagging?!?!

>>53705732
https://www.youtube.com/watch?v=dxQNFDl6hf8

>>53705732
>CPI good: gold goes down
>CPI bad: gold goes down
>SP500 up: gold goes down
>SP500 down: gold goes down
>government prints money: gold goes down
>Venus in wrong quadrant: gold goes down

It's pretty straight forward, anon.

Miners are cursed

>>53702474
Lmfao

>>53706954
he's never even close on his PM price targets

>>53706954
kek

>>53706954
lel

I know some bros are holding Nicolas mining since back in the days. Here an article, I guess people are noticing finally : http://epsteinresearch.com/2023/02/14/every-junior-miners-dream-cash-flow-blue-sky-upside/

Gold just destined to stay under 2000 for eternity.

This is how it has been planned.

>>53706954
>>53707101
>>53707143
>>53707157

Why are you faggots obsessed with this guy on twitter?

The reason you make no money is because you're too busy gossiping over fucking social media influencers instead of doing any real market research or stock DD.

>>53700270
Kek

>>53707806
The reason we don't make money is because these are the fakest and gayest most rigged markets of all time.

We were right on every bet we made two years ago. We just haven't gotten paid.

>>53708209
Totally unmanipulated market goy

It makes me so happy to watch these fuckers fail though. All of that blatant manipulation this morning and they still can't keep gold in the red. As this goes on they will fail more and more. I'd really get my rocks off if the government was involved in this rigging and their books exploded in this mess from their shorts blowing up.

>>53707538
If Nicola hits big copper intercepts this could be a monster year for them
>>53707806
GV and RocketRed are 2 of the biggest pump and dump fags in the sector and should be called out on their bs

>>53708209
No, the reason you don't make any money is because you waste your time arguing about stupid shit while being fixated on antiquated investments like gold.

Enjoy your no money and self-deluded confirmation bias.


>>53708381
Oh wow someone pumps and dumps stocks on twitter? This is totally unheard of and warrants you spending your time discussing it.

Oh, noes, PMET broes!
I wish Sprott's LITP fund had options. I'd be loading up on puts. But for now I have to settle for LIT puts.

>>53708440
real reason is many people here followed his picks in 2021 and got bags from him + his fake price targets.

>>53708821
Again, you fucking retards need to stop paying so much attention to social media influencers and anonymous morons in this thread for your financial decisions.

This is why you're poor.

>>53708440
Ah yes you're completely right. We live in a new age now and don't need things like raw materials. I see it now. I need to embrace this new technology and immediately go on estrogen implants and digital currency.

>>53709339
Tell us mister big success. What are you doing with your money?

We hang out here. I think that's the point you miss. We are all developed people living our lives and getting better every day. You're the fucking weirdo coming in here demanding we change shit to meet your "expectations".

>>53709339
>don't even not spend five seconds of your life commenting on current events and instead constantly make (me?) Money!!!

Okay helicopter tiger mom.

>>53709476

>random literally who's on twitter
>current events

>>53708440
>>53709339
>complains about how others spend a fraction of their time
>spends his own time reeeing at people on an anonymous monkey portrait painting forum
post your millions

>>53709567
I have nothing to prove to you cultists.

I observe you.

>>53709609
>I have nothing
Thanks for confirming but keep making yourself feel big

>>53709677
Alright, retard.

>>53709510
Your thoughts mean so much to me. You have no idea.

>>53709609
And yet you make demands.

>>53709716
>>53709609
>I have le nothing to prove
Yet here you remain trying to prove everyone's dumb using only empty words. You want to make us feel small, so why not be a big boy and do it with a big picture of your big money instead of wasting valuable time? Leave us with no doubt who the big cheese really is here.
Put your money where your mouth is. Why wouldn't you? You're clearly an oldfag by your reaction images, right? So you've had plenty of time to make money, right? You are succesful aren't you?
Or are you actually poor? -70% on king shitcoin? Can't afford a whore on Valentine's Day? Scared we'll laugh at your poorfolio?

Show us poor little dumb monkeys what we're missing instead of tapping on the glass like a nigger who hasn't realised he's laughing at his own reflection

>>53707651
Gold has real value, though.

>>53710110
My only demand has ever been stop being cattle and think for yourselves.

How avaricious of me.

>>53710162
this is some quality bob posting here

>>53710162
Like the Keynesians who worship the government?

>>53710311
Austrian pride. Worldwide.

>>53710162
Look how much you care. Look how much I don't.

now THAT's a BHLL dip

>>53710433
>I-I don't care you stupid baka!

Okay, little one.

If a coal company blows out earnings in the woods with no one to hear it does it make a sound?

>>53710631
You care more than I do.

>>53710162
You were pumping Brunswick a couple of days ago trying to get people to buy the top, kek. Got any more hot picks for us, Buffett?

>>53710836
>>53710974
Well that shut him up.

In other news gary is saying that a short covering rally in nat gas could begin. Do with that information what you will...

>>53696407
They see something spicy coming up that normies don’t have access to. Can only speculate. Russia Ukraine escalation? End of refinery maintenance season emptying cushing stocks? All of the above?

The no recession narrative that is forming is also certainly bullish for oil.

>>53711521
How much medium and heavy sour is left in the SPR? Have they dumped most of it yet?

>>53711535
You see the WTI-WCS differential decreasing while some Canadian SAGD names get bids. Perhaps the market will be gunning for low-decline Canadian producers mainly because of the lack of conventional heavy assets in the United States.

>>53710974
I told exactly 0 people to buy it. Learn how to read. If you wanted to prove you aren't retarded, you're doing a bad job.

Thinking for yourself and making your own financial decisions means just that. I'm not here to tell you what to buy and sell.

I'm still holding it and have sold 0 shares.

>>53711535
Technically about 380 million. But the operational bottom for structural reasons is1/4, which would be 720/4= 180 million. So they could dump as much as 200 million barrels in the nuclear option where they just decide to empty it.

The stated objective is 90 days of supply. If our deficit is 2mmbd then we need to keep 360mm barrel in it. So they are planning on going under that.

The problem is that the oil trade deficit, US production numbers, and the true SPR bottom, are all very hard or impossible to know.

But we are definitely in the desperation stages, as evidenced by the small size of the release and it’s announcement almost 2 months before it actually starts.

Continuing to dump the SPR while basically starting ww3 is an interesting tactic, let’s see how it plays out

>>53711535
Btw they dumped most of the grade that turns into gasoline, not the diesel half.

>>53711771
>>53711786
Thanks!

>>53710974
kek, it's down around 25% since the top on Feb 9, maybe GV took some profits while he was pumping it relentlessly

>>53710360
>shilling hayek
Filtered. There is no economics outside of praxeology, period. Praxeology is economics, they're synonymous with one another conceptually. Hayel was probably the most vocal shitter on praxeology even more so than most kikenesians of his time. Pure example of controlled "opposition" (not even opposition because he blatantly shilled monetarism too, look where that got us)

>>53711862
Hayek*, I'm too enraged to fucking spellcheck

>>53711862
>post a picture while making a joke
>shilling

stay mad you fucking autist lmao

>>53711521
If you niggers would watch the Peter zeihan Louisiana talk I posted the other day you'd know exactly what it was but getting you niggers to watch educational videos is like pulling teeth so.

Tensions in Russia are going to escalate in March to may timeframe. Oil and other critical commodities are going to experience sharp declines jn available supply.

>>53712377
Watch the God damn speech.

>>53712377
Seven dubs for fuck sake.

I live in a trailer and I take steroids and I have tattoos on my head. Fucking listen to me. Especially when it comes to financial advice. Fuck.

>>53712396
I'm also getting an A in my community college financial accounting class.

>>53712377
Not going to watch a globohomo fag that's probably a jew too.

>>53710601
Nice

>>53712377
i think Peter Zeihan's take on Russian oil and minerals production is very accurate. He predicts that russia is going to suffer the same issues Venezuela had with their oil and gas sector after they nationalized the industry. After that they couldnt buy parts to keep equipment operating at peak potential, eventually even buying substandard parts or lower quality components became difficult as the equipment being serviced became obsolete. Russia is going to start seeing this demolish their oil and gas sector, mining will see the same issues too. You cant run industry with the support network, and Russia built theirs around western tech.

>>53712692
They've proven a lot more resilient than many have thought they would be. Iran's production never recovered from the 1979 revolution as well. Although only time will tell.

>>53712389
Please post link again. I'll listen in the am before work. Thought I had it in one of my six million tabs open but I guess not
It's helpful to get different perspectives

>>53712778
Its going to heavily depend on how much China helps them. China still has serious issues building really complicated equipment or things like technical castings. High quality components like what you need in a gas line regulation system are mostly built in the states and europe, china could probably build that sort of stuff to but its never going to be the same level of quality or tolerance as that made in the west.

If Russia ends up totally on its own, its going to nose dive in productivity.

>>53712896
China will definitely help them, like they are doing. Also India, Iran and the rest of the gang. They will do absolutely fine even if some equipment is going to be lower quality. The Russia will collapse in two weeks narrative is just copium from western elites.

>>53712692
Russia is more self sufficient and has far smarter citizens than venezuela

>>53713024
Yeah, this is not the USSR era. The Asian block has nearly the same GDP as the west and while their tech may not be as good, it's close.

Who's baking?

>>53712955
oh yea its not going to collapse, but out put will probably be hampered until new gear can be sourced.

>>53712896
>>53714565
Idk how the tech is on other industries, but newer john deere tractors have Deere specific parts that have a registered identification number that comes from JD and if you install a part that isn't a Deere or attempt to fix it yourself, the fucker just won't run. We had to hire someone to hack out machine. So if the mining industry uses shit like this then suddenly a small supply chain issue could mean one little issue could become huge without that piece of gear

>>53714655
before we have a new thread CAT thought about doing this as well, but when they looked into it further they saw it would destroy their place in the market, as CAT equipment has a huge after market parts list, there are whole businesses based around different bits for CAT equipment. Why Deere thinks its a good idea i ll never know, its already hurting their North American division, and their doubling down for gods sake!

>>53714655
I feel like I've said this here before idk sorry for repeating myself if I have. Still it's a very real issue. The devil is in the details
>Proprietary garbage fails
>Subbly chaim issues
>Fix it yourself cuz bushing, bearing, etc can be fabricated or another similar part modified and retrofitted
>Won't start anyhow cuz it sensed you removing the part and now needs clearance from John Deere
Pic related

>>53714729
Remember when you were a kid and driving a old beater? You could disassemble a rack and pinion front end and rebuild it yourself for $25 if you already had some rtv and ran the old fluid thru a coffee filter. Now you can't even open the fucking thing they have tamper proof fasteners. I've drilled them out just cuz the core charge is only $25 and I always lose the receipt. Once inside half the fucking diameters are non typical as proprietary shit tends to go and literally nothing in a fucking machine shop hardware bin is useful. Could make one on the lathe if times were tough I guess. Anyhow now those fixes would be worthless as the machine would know the part had been removed
We hired a guy that told the machine the fuse had blown or some silly shit and he had a pigtail that would plug into his laptop and it had a spoofed Deere clearing code that didn't need JD headquarters verification
It's fucking satanic m8

>>53712692
Dude you rock. You didn't have to do that pan man.


>>53712883

https://m.youtube.com/watch?v=DXtScb_IZdg

>>53712692
Good to hear your take on this. I was somewhat skeptical about that aspect as I wasn't sure but your opinion. Is meaningful. I also was biased towards Russia over Ukraine so I was unwilling to accept them losing anything even if it's possible.

>>53679382
>>53714366
New bread

>>53715469
>>53715469
>>53715469
>>53715469

>>53679436
A few months maybe.

>>53679382