/biz/ - Business & Finance

I have no liquidity left, why does it have to crash. Maybe I should liquidate some gold to buy more oil stocks

>>53859936
Noone can afford to drive their car anymore, oil is dead

>>53859927
>red says
Meanwhile papa Gary says we're due a gold bounce any day now before a larger draw down. Don't be in a rush to close everything on open

>>53850295
What does that mean for us?

>>53852295
Will anything come of this, or just another false happening.

>>53845639
No offese laddie, but bullshit until at least some elaboration.

>>53859927
What are your thoughts on this anon saying oil is going to 5k usd? >>53850992

>>53860250

>>53860266

>>53859927
Accumulating pic related
>Inb4 radioactive
>Inb4 mercury
>Inb4 anisakis
I don't care, I did a DCF and it looks like a gem

>>53860142
Nothingburger, it's all a nothingburger and it means nothing to us, just don't worry about it. And Red was just drunk as fuck or high on coke when he wrote that, it's obviously not crashing on monday.

only 2 days frens and $34+ silver

>>53861333
Red said its oversold and put in a bottom and will be $30 soon.

>>53860250
What would the opposite of the day it went to -$37 look like? If SPR dumps end and cushing goes to E it would be an interesting day. True empty for SPR is around 180mmbl btw

>>53860879
I don't drink or do drugs. Only steroids.

>>53861438
and then immediately after that Gary said it's going to crash.


However. They are saying after the crash it's going to shoot up to 28 and higher and they said this crash will only be for a week or two. David Brady put out a report saying we'd be at 2250 gold in mid March. So many analysts are saying a version of the same thing.

One thing I know is that blood bath phases only last 5-7 days. So plan accordingly.

Im just gonna hold through. Fuck it.

>>53861730
So either way. If you're tired of analyst bullshit they are all saying $28-30 within two weeks. If it doesn't come to fruition then you can make whatever decision you need to make. At that point they won't have any credibility. It's the bayhorse moment of sorts I guess. I'm just going to hold through. There's no other sector I'd rather be in. There's only less shitty sectors.

Short term bonds- less shitty.
Cash- less shitty.

I think we might be at the absolute bottom based on sentiment and everything and if we do get a bloodbath phase that would make complete sense. Then a shoot up to $28-30 would make sense.

So ultimate decision time. By mid March you'll have a clear picture.

>>53861704

>>53861730
And that's where you got the market crash idea from?

Okay so based on this Gary video from twenty minutes ago I'll be selling out this week and buying back in in March.

https://m.youtube.com/watch?v=ls_qMcxzT_g&t=305s

>>53861922
Yeah. From Gary.

>>53859936
>>53859944
There's an imbalance of inventories around the globe. Curious as to why it seems the Chinese are trying to stockpile it. I guess the US could easily cut off the straights of Malacca with their navy. Perhaps that's what's going on?

>>53862031
>>53862021
Did he say all of the market or just pm? Also for that video, he said april might be the true bottom. Better to DCA.

>>53862332
Should I sell my kidneys and buy the dip?

>>53860142
>Will anything come of this, or just another false happening.
Nobody know. Another indepth article on why Gold went down : http://www.321gold.com/editorials/hamilton/hamilton022423.html

Its very detailled and technical. I followed the COT story closely so I'm not surprised by this dip.

>>53862563
>we took a random number generator and wrote a narrative around it
>if our narrative is true, we can predict the future
>if we can predict the future, we'll get rich
>we are not rich so we cannot predict the future
>we cannot predict the future so our narrative is not true
>Let's keep writing narratives about this random number generator

>>53862563
That looks kinda silly, more like astrology than economics, or at least the kind of economics /cmmg/ is about

>>53860683

i cant buy this but thats a handsome logo. subtle and elegant, very cyberpunk

>>53863296
Any reason why or is just your broker doesn't offer it?

>>53863326

broker doesnt offer it. i use wealthsimple which is very barebones, but good for commodities bc most explorers i'm into are based out of canada.

>>53863384
I have multiple brokers, for Canada I use ib for tax reasons (I'm European), so I can buy almost everything, unless it's Russian

What do the anons on /biz/ think of creation of synoil using hydrocarbon synthesis via captured CO2 from the atmosphere?
https://terraformindustries.com/

>>53863497
That's a really cool website, unironically

>>53863497
The earth already does it for us

>>53862332
>Did he say all of the market or just pm?
SPX too, a bounce alongside PMs followed by testing October lows.
I'm planning to sell the bounce and short the SPX to the ICL in April.

>>53863659
That's exactly why it's such a fool proof grift. Think about it in this manner and it all becomes clear. Obviously the ice caps are melting and the ocean level will rise 20 feet by 2025. That's why all the billionaires that are profiting from green energy are buying beach front properties and private islands. They don't want us to lose our shirts buying properties that'll be literally underwater in a couple of years.
Such nice people

>>53862332
All market.

>>53863497
How long do you expect to live? Like being long on cold fusion.

>>53864081
Bout three fiddy

>mining coal in China
https://twitter.com/MeaganABrown/status/1629411194409713664

>>53865658
fuck thats a grim video. No one in mining wants to see that.

>>53865658
>>53865709
https://www.mining.com/web/death-toll-rises-after-coal-mine-collapses-in-northern-china/

>>53865813
china has been trying to lower its mining death rates over the last few years. The issue is that no one is following the new regulations that the government puts out.

>>53865709
>Filename
Please splain like I'm pretarded. No vertical supports? Random piles of overburden? No skimwalker?

>>53865709
>>53865935

it looks like the entire supported ceiling collapsed

>>53865935
those random spikes you see sticking out of the rock, thats your back support, their rock bolts. The back caved off in one go. If your seeing this while UG, your in deep trouble. While I was working underground last winter the 20ft Swellex bolts we were putting in the back to stabilize were sliding out one by one as we put the next one in. We had to tell engineering that the back in that section of level was unsalvageable and we could not make it safe for men to work. A similar issue to pic related happened the next day.

>>53863497
>synth oil
Not gonna happen. It might be done at an academic level, but any serious company is going to be acquired, destroyed, or suicided. Big oil is scary.

>>53860250
Why would it though? What's the catalyst?
The thread (assuming it's organic and not shilling) seems to imply that private companies are bullshitting, and an event in the Middle East would cause the EU to lose energy access

>>53866607
I'm no chemist but I don't think turning 400ppm of CO2 in the atmosphere into fuel would be too economically feasible.

>>53866675
The technology exists. Generally, they use small scale solar concentrator towers as an energy source to heat water, then use thermal transfer and some catalysts to convert (and don't quote me on this) water, CO2, and air into I think ammonia gas, and it then gets converted into kerosene. Or something like that.
Kerosene is basically jet fuel, except that you use some specific blends/additives to stabilize it or have certain properties. It's too volatile for the average consumer driver, but for industrial uses, it'd be trivial to scale up.

>>53867286

You just described like 4 energy transfer stages, sounds retarded inefficient. They can’t currently heat water with solar for any useful amount energy

>>53867345
Okay, but that doesn't change the fact it exists
https://www.chemistryworld.com/news/solar-jet-fuel-made-out-of-thin-air/7325.article

>>53867695
Making syn gas is similar to EVs imo. If you aren’t using nuke to power it, it won’t be viable. Hydrogen is in the same boat. It’s got major storage issues that syn gas wouldn’t have however.

>>53867966
>If you aren’t using nuke to power it, it won’t be viable.
they have been for over a decade

What's you guys' take on Ur-Energy (URG)? Definitely a speculative play but it seems pretty legit. Am I missing something?

>>53867966
Right, but my point was it exists. People can do it right now. It doesn't matter if it's efficient or not.
Big oil is not going to allow a rival technology to prosper, so it doesn't matter if it's powered by nuclear energy or not.

>>53868037
>Big oil is not going to allow a rival technology to prosper,
paranoid schizophrenia

big oil would buy the tech and sell it themselves if it was actually cheaper than pumping oil out of the ground. So far it's not.

>>53868085
>disorganized thought is a hallmark of schizophrenia
Guess what? My reasoning is sound. Big companies play dirty.

>>53868741
>disorganized thought is a hallmark of schizophrenia
so is overly organized thought.

just because something is true in one case does not imply it's true in all cases.

>>53868777
>just because something is true in one case does not imply it's true in all cases.
This also applies to attempting to diagnose symptoms of schizophrenia online

>>53870017
as usual for schizos, you have it backwards

4chan is schizo bait. Diagnosing schizo symptoms in users here is a bit like diagnosing fur at a rat convention.
It would be weird if you weren't schizo.

>>53870759
This is by far the most schizo post ITT (so far)

Nat Gas broke it's 3-month+ downtrend today by 0.001

Complete disaster quarter for Argonaut. Interesting that the new CEO was buying in December into January anyway.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1033-tsx/ar/136913-argonaut-gold-announces-fourth-quarter-and-full-year-2022-financial-results.html

Strap in your seatbelts fuckers, BRW is going to take off this year

>>53873673
yep, if your entry is low, you're pretty much holding a big fucking win.

I passed on this when GV shilled it at 0.19

I thought we crash today?

>>53874234
Red has failed us, it's over...

>>53874234
We are bouncing out of a daily cycle low before heading into an intermediate cycle low.
Bounce, then crash:
>>53859970
>>53863665

>>53873673
I told you fuckin' morons and all I got was resident retards of this thread arguing with me because some irrelevant social media influencer was shilling it.

lmao

>>53870998
>Professional schizo telling amateur schizos they're schizo for thinking completely normal assumptions of big oils ability to play dirty
>You can't look at the wake of bombed countries and the grand gulf of wars spanning a century
>That doesn't count
Yup. The government and big oil are the only entities to be trusted. It's schizo to think otherwise. Right, commisar?

>>53870759
Forgot to tag you
>>53875114
Forgot pic too.

>>53873673
have they had a discovery drill hole yet or is it all still hype? over 3 million shorts, could be smart to take some profits

>>53875177
They have over 500 pegmatites with strike lengths of 100m or more.

Regardless of the "hype", they're statistically unlikely to not find something.

>>53875564
Its not a good buy anymore anyway. Great hold though.

>>53875613
People said the same thing about PMET at a dollar.

We all pick our own risk appetites, however.

>>53872367
Also 4 down days followed by 4 up days. 4 day rule is often confirmation of a trend change. Last week may have been the bottom for natty

bayhorse

>>53875884
Henry up $8 to $2 back to $8 again.
Imagine LOL.

With WTI-WCS differentials decreasing, there is torque in Canadian Clearwater heavy oil plays, no?

>>53875564
the market is fickle and impatient and often likes to sell the news. if the first assays come back below the super-high expectations, or dusters, it will drop bigly, maybe as much as around 50% in a day. on the other hand if they have a giant hit right away it could moon. nobody really knows what's the best thing to do, good luck brw anons

Give me ways to profit and best places for El Salvador mining companies.
The Bitcoin dictator Nayib Bukele is cleaning up El Salvador quick from crime and bullshit. He might be open to mining investment after losing money on crypto.

Sounds like he's already making moves. https://jacobin.com/2023/02/el-salvador-mining-ban-threat-water-pollution-nayib-bukele

>On January 11, the Salvadoran government ordered the arrest of five prominent anti-mining activists and water defenders: Miguel Ángel Gámez, Alejandro Laínez García, Pedro Antonio Rivas Laínez, Antonio Pacheco, and Saúl Agustín Rivas Ortega.

>>53875922
Natty likely won't make a regression to previous peaks for a while or even the 200dma, more likely the 100dma and chop while the 200 catches up. I bought a 3x long this morning with a sell target of 4.50 spot.
If the downtrend resumes though I'm fuckin out.

>>53876338
https://youtu.be/ywSoCUFvRII?t=885

>>53876390

sounds like a tough angle

>>53876718

forgot link
https://www.nationsencyclopedia.com/Americas/El-Salvador-MINING.html

>>53872367
Gary says it will go up to $3-4.50

shill me the next 0.5x

>>53874316
Hold on. Finish the week out.

>>53876756
Bought a little boil to keep me occupied. The correlation between it and natgas futures looking tasty. Pray that last bottom was the low

>>53876766
Does anything from today indicate a crash right now or are you saying wait for it?

>>53865658
Neat, got any more?

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2170-tsx-venture/itr/136987-integra-resources-and-millennial-precious-metals-announce-friendly-at-market-merger-and-concurrent-equity-financings-of-c-35-million-with-strategic-investment-from-wheaton-precious-metals.html

Good to see some consolidation.

>>53877203
Looks like it's bottoming out, bullish?

>>53877310
If I'd just swung the horse in .5 increments since last summer I'd be a fucking bajillionaire

>>53877476
Don't you mean .0005 increments?
Maybe .00005

https://www.mining.com/web/a-1-5-billion-hoard-of-copper-and-cobalt-is-piling-up-in-congo/

To bad its in Congo. Even the Chinese keep having issues with that country.

>>53877498
Woops yeah

>>53877558

>snooping around MTO placer map
>notice a bunch of placer ground on Lorne and Porcupine Creek opened up weeks ago
>odd.png
>do some snooping around
>the guy who stacked that ground vanished last summer without a trace

Should I have a look /CMMG/? or is it to risky?

>>53877310

"Due to exceeding the permitted 1 acre surface disturbance, DOGAMI has formally advised that the Company is restricted from conducting mining operations at the Bayhorse Mine until a Full Operating Permit is issued by DOGAMI."

hahahahahahahahahahahahahahaahahah

>>53878556
I will add the DOGAMI is fully aware of the BHS scam and is not going to be issuing any permit under the current circumstances.

I guess Tonto came through afterall

>>53878395
It's cursed.
>>53878556
Yeah I saw that. The horsedream has turned into a nightmare and the glue factory is next up. What a clown show.

>>53878395
>Skimwalker central
>History of disappeareded
>Dead of winter
Put me in your will first

>>53878556
I wish I knew what silver miner anon is thinking.

>>53875114
It's like saying cordless phone technology is being suppressed. You're a bit late.

>>53878608
they've known for over a year they need a permit.

The state will absolutely permit a scam if their paperwork is in order. Getting a permit is not evidence the project isn't a scam.

>>53879483
>Can I get these retards to run my bags up if I spammed the fuck out of the board like a niglord kike faggot?
>Fagpony.exe
>Bhs_is_currency.jpg

>monopolies are good
Shut the FUCK up, you can just tell use you're gay and love another man's cock down your throat

>>53879991
Mutts law

>>53880026
Wait, are you saying that monopolies are good or bad? I'm pretty drunk and may have misunderstood.

>>53880069
nobody's talking about monopolies

you're talking about gay stuff a bit more than necessary for a straight man

>>53878395
>Should I have a look /CMMG/? or is it to risky?
yep, go look for a body. Beware the sasquatch

MSHA class last year we had over 30 new miners and refreshers. This year we had 7, of which 4 were my crew. Apparently mining in the US has died.

>>53880318
>MSHA class last year we had over 30 new miners and refreshers. This year we had 7, of which 4 were my crew. Apparently mining in the US has died.
Depends on the region, coal and copper are hot so I bet they're full in AZ and WY. Mining engineering and metallurgy schools in the US have been dying for awhile. With the recent shift back to nationalistic resources now that the jews have realized China is not to be trusted I think we'll see increased interest in mining as a career, so do with that as you will.

>>53878609
>>53878911
sorry about that my internet dropped out at random, its probably cursed.
>>53880318
fuck thats sad, out in my region there were like 21 ppl that applied for another training course but only 11 were selected due to drug use.

>>53880882
Only half the workers can afford to buy drugs? You guys need to pay them more senpai

>>53865658
This happened in Canada 120 years ago but worse
https://en.m.wikipedia.org/wiki/Frank_Slide

>>53880915
you mean only half the workers that applied could afford to beat the piss tests lol. More over it was also general physical fitness that flunked most out. Someone who hasnt walked 50ft in 10 years isnt the best for a UG training program.

>>53880966
the Frank Slide killed dozens while they slept too, whats incredible is that a number of the miners underground below turtle mountain managed to escape what they thought was a simple cave in through air shafts, only to discover the town they lived in, their wives and families gone without hope of rescue.

In more recent memory there was the Westray disaster as well that killed far too many men. Morden in Naniamo killed 240 men as well back in 1901, after a gas pocket opened up without warning, setting off a massive explosion.

>>53880966
>44 million m^3
>410 am
Saint Peter, don't you call me, cuz I can't go!
>https://m.youtube.com/watch?v=KNkPIeCklGU

>>53880988
Then there was this:
https://www.thecanadianencyclopedia.ca/en/article/giant-mine-murders

I grew up in Yellowknife during the 90s and diamond rush of the 00s. The town was booming. I visited last summer and it's pretty dead now. More of a cute fishing town these days than the gold mining powerhouse it once was

>>53881054
thats a blast from the past! My boss on my last UG job was two levels down when the bomb went off underground at Giant Mine. No one knew it was a bombing until the guys went and looked at what had really happened, horrible time that was. Giant seemed cursed for bad luck like that, they had a number of hang fires too over the years that killed crews. Yellowknife is comfy but i hate the winters there.

>>53881037
How has Gordon Lightfoot not made a mining disaster ballad? How did Lorne Greene never manage to cover a Lightfoot song? So many missed opportunities, very /cmmg/.

>>53881178
he should have done one by now for Frank. Hes a sea shanty kind of guy, but the Frank Slide is part of Canadian / industrial history. It will never be forgotten, so many lost for a freak failure of nature.
https://www.youtube.com/watch?v=1xFgQV7javw

>>53859927
>>53859970

>market crashes last week
>redwolf panics over weekend shitposts
>implies it's literally over
>newfags panic
>week ends up
repeat

meanwhile gary has 4 cocks in his mouth

>>53881207
Jesus, "two years and the silicosis takes hold". That's Margo. Best lighten things up.

https://www.youtube.com/watch?v=ccF23flrgjg&t=2s

>>53876805
Gary says the only play worth doing right now is nat gas long.

>>53876827
I'm relying solely on what Gary says right now. My own personal charting says silver should move up. Gary has made amazing calls in the two years I've been following him. I'm going with what he says. I've seen him call a thirty dollar gold move the day before it happened. At that moment I bought a subscription.

>>53876827
I was saying wait till the end of the week. Gary called a bounce then a crash. I'm going to try and swing a miner or two once the bounce gets a little further in the week. He's basing off a combination of the action in the dollar, stocks, and the gold charts right now. Analyzing them and putting it all together.

>>53878608
Amazing though they're actually disturbing the surface as in actually doing something and not just diluting shares.

>>53881281
I'm not panicking. I'm just a little depressed but other than that I'm good. We're probably gonna get some fireworks here in about three weeks.

Anybody who wants to know what redwolf thinks on general market trends can either watch Gary savages free videos on YouTube or buy his subscription. Yeah o chucked or sold out or whatever you want to call it. I still have my own opinions and I can still chart. But that motherfucker hasn't been wrong about a single call he's made in the last two years and he got my subscription when he called a thirty dollar gold move literally the day before it happened and now I think of it it might have been a fifty dollar gold move. So if he gives a direction in a market I take his opinion as better than my own.


And for the millionth time. His current call is A SMALL BOUNCE IN STOCKS AND GOLD FOLOWED BY A BLOODBATH IN STOCKS THAT WILL BRING DOWN ALL MARKETS. THE TIMING OF THIS WILL BE OVER THIS WEEK AND NEXT, AND UPON COMPLETION OF THAT, GOLD AND SILVER WILL BE IN POSISTION FOR A BIG ASS MOVE THAT WILL LIKELY TAKE US TO 2100 GOLD AND $28-30 SILVER.

>>53881391
A BLOODBATH PHASE IS 5-7 DAYS OF INTENSE SELLING PRESSURE.

>>53881391
>And for the millionth time. His current call is A SMALL BOUNCE IN STOCKS AND GOLD FOLOWED BY A BLOODBATH IN STOCKS THAT WILL BRING DOWN ALL MARKETS
speak english man
are we going to crash?>?>???

>>53881870
Sounds like it

>>53883977
enough of the cryptic technobabble
up or down?!

>>53881391
>GOLD AND SILVER WILL BE IN POSISTION FOR A BIG ASS MOVE THAT WILL LIKELY TAKE US TO 2100 GOLD AND $28-30 SILVER

that might be enough to get me back to even

what could go wrong?

SALT bros, Japanese countryside booba when

>>53885098

Probably during this year,
I'm a bit torn about that when part though.
I'd really like this to either run right now or fall straight to $1.14 or even $0.8
I intend on doubling my salt bag if it goes lower, but on the other hand if it starts running from here and gets taken out within the next 6 months, the timing would be perfect for money rotation into something else like PMs.

>>53885272
>probably this year

>>53885098
2 weeks

>>53885272
Nah. It'll never happen because that would first of all be a good thing and that never happens to us l. Second of all the convenient timing would be an extra good thing and that of course never happens to us.

Have you checked out snowline gold? It's in the middle of nowhere, with no electricity or infrastructure and they have hundreds and hundreds of meters of low grad 1gpt gold? It's clearly a better investment than any other investment you'd want to make. They even have to fly out by helicopter and the ground is only workable a couple of months out of the year? Hmmmm?

WAS REDWOLF RIGHT AND GARY WRONG????

>>53885502
kek

>>53885435
Of course that's just a total guess on anyone's part, but I'd imagine that the time frame for this is fairly tight, especially with them getting the new CEO. They clearly want to sell this fast.
And it's good to keep in mind as the markets start eating shit once more, entities like pension funds need to figure out how to boost their value quickly.
Recession proof things like this would be right up there as the best investments.
On top of that hydrogen sector is gaining speed at very fast rate and salt domes are currently the best way to store that stuff.
I don't see any reason to just limit this property salt mining. Turn the entire thing into Triple Point type company that stores hydrogen.
Throw in the fact that the region is going to become a big wind producer with government backing and it's far from unlikely that they could do the hydrogen storage thing with this instead of just limiting it to salt mining.

>>53885502
Yeah the clown way of investing has served people pretty well so far in this fucky world.

>>53885502
>sour grapes

>>53885502
Aren't we due for a win, that's how gambling works right

>>53881391
Did you just refer to yourself in the fourth person?

>>53881364
>they're actually disturbing the surface
they built a giant stock diluter since they don't need the ore sorter. They were never going to mine any silver because there is no ore worth mining that can support even a small company. Its just rolling scam trying to sucker in new investors as described years ago. If you looked at GO's previous companies like High Card, Kent, and the others you will see the same game. GO still has pumpers on ceo.ca/bhs pushing the same lame garbage and the same people wondering if they bought enough stock or need to wait just a little longer.

>>53885529
So now he is saying we bottomed and we need to buy?

>>53885887
>just rolling scam trying to sucker in new investors as described years ago. If you looked at GO's previous companies like High Card, Kent, and the others you will see the same game.
I feel like one anon pointed all this out which is where my research started before passing everything I could find along to Karen and Tonto.
Glue factory can't happen soon enough

>>53885098
>>53885272
>>53885435
https://financial-news-now.com/could-salt-become-the-sexiest-opportunity-of-2023-atlas-salt-may-have-the-answer/

>>53885607
For what's its worth all the analysts I watch (and I watch hours and hours a day of stock related material), literally every single one is saying that a big move up in metals is imminent, as in within the next couple months), Peter grandich, Bubba todd horowitz, David Morgan, even Jeffrey Christian, Gary savage, Gareth slowly, even Chris vermuellen that asshole.

>>53886333
Either way I don't think you'll go wrong. If it dips now it's going to go up after that. I'm just gonna keep holding my shit.

Can panman, Bob, and Dane weigh in on this?

In particular the geochemistry and grades. I've think I've heard this company mentioned by Rick rule and others. It's in Arizona. Think it could be a higher tier investment.

https://goldseek.com/article/aztec-commences-core-drilling-tombstone-gold-silver-project-southeastern-arizona

GDX looking to bounce out of the oversold embedding, touching the 200dma

Natty has another green day, could be embedding

Bayhorse is dumpning

Happy Tuesday

>>53887553
17m market cap. Past drills are comparable to fagline gold with 3gpt over 65m for example.

>>53887135
Look at that, the marketing bux are already getting to work. Good job saltman.

>>53887377

I'm sure they will, though I wouldn't be surprised if there was a short term dip before the next real leg up starts.
Personally I really want to get some physical platinum before it runs, because I'm a very big believer in the hydrogen markets becoming really massive in the next decade. It's really the only realistic way to store huge amounts of renewable energy with the current tech.
And since Russia is out of the picture and South Africa is teetering on the edge of collapse, where the hell is platinum going to come from? All this while the demand is going to shoot through the stratosphere with hydrogen electrolyzer manufacturing growing like crazy.

>>53887560
>>53881870
It won't stop snowing here. I think I'll have the rest of the week off so I'll be able to have the chance to catch up on some chores and then staple my eyelids open to attempt iras course in one sitting. Too bold?

>>53881334
If you guys wanna gamble on a nat gas long AND earnings, this company is releasing q4 2022 on March 8th.

>>53887742
Oh yeah crew energy is great. I held them for a good year in 2021.

>>53887588
Oh so gold ventures is holding Aztec minerals.

My personal call for platinum is 20,000 per oz.

>>53887652
>Too bold?
Yes simply because the human brain works optimally in 90 minute work cycles and needs rest/sleep to actually process and learn new information, though I don't know how cocaine will affect that focus window so you might be good.
The course is about 6 hours long in total. I would either break it into sittings across a day if you want to be mega hardcore about it or spread it out over a few days, otherwise you'll probably just have to revisit it, which you might as well do anyway desu as you'll have a month long access. I plan to

>>53887825
Noted.
Thank you bluesmonke. I intend to be sober since I don't wanna miss anything.

>>53887909
np man

It's split into chapters already so they're good chunks to take it in, each one is 1-2 hours long with one 15ish minute one at the end
I'll also say there's a few videos where he goes on about how to use his charting software for the course and they're tempting to skip if you don't bother using it like I did (I got the same effect just using charts on Trading View), but don't skip them as some do go into relevant chart information in the same video even if they seem like software tutorials at first glance

>>53887996
>Software tutorial
I'm a 40 yo boomer when it comes to using 'puters.
If you only new how bad things really are

>>53888888
Digits

>>53888088
Kek. That's a lot of monkeys and a lot of 8s.

It's just the occasional walkthrough for his own charting software that you get access to for joining the course. It's simple stuff and he's very thorough so if you choose to use it it should be easy, but I just used the charts of tickers I've got saved on Trading View coz it had the same effect for me. He puts them at the start of a few videos when he touches on something new but then usually goes into the relevant chart info in the same video.

Was worth mentioning I thought just because I nearly went "oh this isn't relevant to me, I'll skip it" but would have missed something important if I had.

>SALT
>VUL

>>53887996
Just put the effort in and do the whole thing right and get it done. Fuck man. Come on. >>53887652

>>53888461
I put a small $1300 posistion into aTex for the inevitable gold ventures 10x pump.

>>53888480
Aztec*

>>53888461
>Just put the effort in and do the whole thing right and get it done
That's what I'm saying. Don't skip anything even if you're using alternate charting software like I did.

>>53888536
Yup
>>53888461
I'll getter dun RW that's why I'm asking.
Gonna be snowed in here with power on and off intermittently so I wanna have my ducks in a row

>>53887553
its not my usual region that i look at but sure thing i can have a look!

>>53887553
Looked through the presentation. Seems like two good projects, the one in Arizona and the one in Sonora, Mexico. They definitely have some amazing hits which seems to start at surface mostly. Not sure if the small copper values are a problem for recoveries in the heap leach. If they have to do a concentrate that may add some cost in trucking and shipping and all that. Although it should be profitable anyway if there aren't any other problems at 1gram for oxide with what seems like low strip.
Now the question is how big these deposits are of course.

>>53888782
Good man. Lets do it so we can shit on the non ta people.

>>53888782
beautiful setup bro.

Haven't kept up with markets since last week, how's it looking? I'd rather be in cash right now and I'm just waiting for the system to eat shit, slowly working on my trade system and tweaking things

>>53887553
>Can panman, Bob, and Dane weigh in on this?
1. Tombstone locals have always said there's a fortune still waiting to be mined, but every old boom town says that
2. Exploration has gone on over the years in the 60's 80's, right up to now
3. nobody has yet found anything worth mining
4. rising gold and silver prices might make it worth doing, but maybe not.
5. Open pit can render former UG workings economical, but are really hard to get permitted especially in historic districts.

Personally I'd be really skeptical. It reminds me a lot of my Leadville silver mines. Yeah, it'll be worth mining again one day, but I really doubt today is that day. Or any time soon.

>>53889246
that was my impression of Tombstone as well. Anything left was either too narrow and close to surface, or very deep and low grade to really chace. There were some hits in the 90s around the area for high grade silver but nothing ever came of them. I am looking into the company / project right now, i ll get back to that shortly. I am on a research binge of the BC coast too at the moment, checking some info against what the ground looks like.

>>53876805
Im up 40% so far , saw it drop 8% today, said nope not selling. Come back and see it up 3% for the day. Not really sure when to sell, Ive been chasing the crash on it with KOLD didnt make much on it.

>>53888782
Man that shit looks cozy

>>53889502
Yep, as I hear it the mines hit the water table and borrasca. Still some good gossans and shallow strikes that got missed back in the day, but not enough to be worth development. The deep stuff will be economical one day, but who knows when.

pretty much the same story as my town.

>>53889690
"To the north of the town of Tombstone, perhaps 40 miles by the crow flies, is a great granite outcrop, with a bright blue stain off one side.This outcrop spans perhaps 3 miles and stands 100ft in width. A quartz vein, maybe 2 feet wide appears on its flank. A number of men had made a good stake at this site, but found it impractical to mine due to the limited access to water and the veins obtuse angle. Approximately $50 in gold was recovered after fire assay from each sack of hand sorted ore from the strike, bringing more attention to the region."

That comes from one of the news paper articles I ve saved over the years, unfortunately i cant match it up with any known discoveries around the time of Tombstone's hayday. It shouldnt be difficult to detect such a feature with google earth now.

>>53889502
Okay perfect so its a drill story with no real fundamentals and backed by goldventures. SOLD!

We'll be just like snowline gold in no time!

>>53889690
A mention of the water table came up in a drill report. It said they had to stop drilling. Now they are drilling below the water table. What could be going on here?

>>53890018
kek

>>53890018
Aztec Minerals has some interesting territory to work with, but unfortunately i dont see a major discovery coming out of it any time in the near future. Those old ore bodies were ant hilled like mad, the old timers had a pretty good idea what was worth going after, leaving only stuff that would be a headache to mine. Its narrow veins too, which makes planning any mining with modern gear a pain, there could be a few wider intercepts in there somewhere but its going to take a lot of money to see.

>>53890030
they likely changed their style of drilling or changed the angle. Water table doesnt usually effect a drill to much unless your in really slimy ground that gums up the bit. If the water table is close to the surface, it also means your looking at an expensive job of draining the ground. The Comstock Lode had this issue for example, its was incredibly expensive to dewater the mines there.

>>53890030
as PM says, water table has no effect on drilling that I know of.

in addition to the expense of dewatering that PM mentions, the ore usually drops off in value below the water table, especially for stuff like silver and base metals that cam oxidize and dissolve out.

>>53890159
if its a briny or hotspring water source however, you can actually end up with replacement hyper enrichment where all the silver / copper / lead / zinc leaches out and forms incredible new deposits along more recent faults. There were a few spots like this in BC, especially around Ainsworth, where material was pulled out at a wapping 700 ounces per tonne silver! These are rare though, and as stated before, usually your grade crashes after the watertable.

>https://financial-news-now.com/could-salt-become-the-sexiest-opportunity-of-2023-atlas-salt-may-have-the-answer/
seems to be a little on the cheerleading side of journalism for an investment rag article by kotecha

>>53890218
yes, gotta love a good supergene enrichment!. Some of the richest ores around.

https://im-mining.com/2023/02/13/future-metals-makes-mining-and-processing-breakthrough-at-panton/
one of you big brained chemistry-geo's wanna tackle wtf this actually says?

>>53891236
reads like a bayhorse presser, written up with a bunch of stupid and meaningless buzzwords.

They seem to be crushing and upgrading with a steinert ore sorter. This is advertised as an XRF technology but from what I've been able to find is just a gravity sorter with an X-ray attached to detect ore in the chute and so they can pretend it's high tech.

after that they're using flotation just like BHS, and giving the same sunny estimates of upgrade and retention percentages that the horse did.

pretty much just a photocopy of a bayhorse release. They're gonna crush, sort, and float. Standard stuff.

>>53891501
ok thats why it was purposefully obtuse while being vaguely familiar... and here i wasted an hour going thru future metals and go green. thanks

>>53859927
I just put $5k in BHP.

Should I have waited?

>>53891599
yeah I don't know if they're full of shit or not,
but I'd be a bit suspicious of any company that crams that much corporate speak into a single page.

I believe the steinert ore sorter with the X-ray option is also a scam designed to trick investors, but I might be wrong about that. As far as I've been able to learn, the X-ray on the machine serves no real purpose aside from tricking investors.

>>53891632
so we should be investing in steinert?

>>53891632
ive been looking for a way to invest in cobalt in australia. since theyre so close to other mining countries ive considered smelters/refiners to be a plausible route. glencore does biz in the congo and i am absolutely not investing in non white countries or companies that invest in non white countries. africa and SA are out completely.
bruce accounts for about 1/7 of the total cobalt mined. their capacity for smelting/refining could outpace their mining. having trouble finding good info cuz i suck at internetting

>>53891743

>>53891686
>we should be investing in steinert?
I wouldn't. Anyone familiar with mining process is going to instantly see that their sorters are just gravity sorters using compressed air. This technology has been around for over a century, and steinert's sensors seem to have nothing to do with the process aside from jacking up the price of the machine.

the only market I see for them is scamming investors, unless I'm missing something. It's not exactly a huge market. The scammers buying the sorters make a shitload more than the scammers selling them.

>>53891799
your sarcasm detector is broken bob

>>53891878
>your sarcasm detector is broken bob
yeah, normally I encourage you to invest in anything that makes money, including a scam. So long as it's legal I don't see why you shouldn't get rich off dumb people.

Pic is one of my favorites. New age treasure finder using the power of crystals, only $5,595 US. Crystals can be custom tuned to the treasure you seek for only $2k more. Guaranteed to work.

shit like this sells, and I don't see any real reason to get mad about that. Steinert will make some sales too, no doubt.

Anyone know any good silver developers? Just starting to look at the space and discovery silver looks juicy

mfw broker charges me 50 burgers for commission on any foreign transactions

>>53891743
Bruh investing in nonwhite countries is based. You get to exploit their natural resources and the money goes to white shareholders and execs.

>>53892362
I love that they have a strong ESG statement even though mining is the opposite of ESG

7-D chess

>>53892362
Im watching Santa cruz closely for as soon as they start making a profit im going to be all over that shit. Probably only another quarter or two.

>>53892456
nah they have too many niggers. fuck the resources if you have to deal with niggers that destroy everything good they can touch
genocide a region and wall it off ill fucking move there and work at the mine myself. until then im trying to be nigger free in 2023

>>53886398
>I feel like one anon pointed all this out
yes, previous anon posted pics of the BH mine layout (from their own report, and from the DD lying anon posted) and pointed out the flaws. There was plenty of legit questions about the location, orientation, length of drill holes, core locations, core results but lying silver anon just kept lying. It was surprising that with all the "mining experts" here who could not understand the shitty "technical" reports scam horse published, then had to retract in full, showing there is no ore worth mining. Much respect for Karen and Tonto for their work and dedication.

>>53892469
Oh wow they’re that close to completing the mine. Damn

>>53892362
Invest in junior coppet explorers :^)

boil going up ten percent tomorrow morning

>>53893579
how much BOIL do i need for that to be me

>>53893642
idk but its like six bucks and change now. 52 week high is 140. maybe 10k shares would be fine. i got 100 since it was about 5.50 when i got in a week ago or so

>>53893676
damn it sucks being poor. i'm never going to make it

>>53893695
not with that attitude anon

I took 60k out in credit card debt and bought 20 different gold/silver stocks with it.

Am I gonna make it?

>>53893775
yeah I think so

I have excellent credit and gross over a million dollars a year and my combined credit limit on cards is only $80k. If you can borrow $60k on cards you've already made it.

>>53893891

>>53894036
I dunno, most anons here probably don't realize anyone with a $60k line of credit probably also has a house, a million dollars, dentures, and grandkids.

they also probably have more than $60k in gold and silver stocks, but that's less than 1% of their portfolio.

>>53894380
It's just a retarded fuck making 1pbtid pokes at us Bob. That nigger never seen sixty racks

>>53894402
He's playing right into my game then. I love discussing economies of scale and scale of economies

for example, to make a million dollars a year a person would have to earn $20k per week, or about $3k per day whether they worked or not.
If a person makes, say $60k every three weeks, they MIGHT qualify for $60k in credit cards if they also have excellent credit and probably a house.

this is fun math, because all of us are used to the idea that a million dollars isn't a lot anymore. But anons perhaps don't understand that it's still an absurdly large number.

Red convinced Gary Savage we hit the bottom. Buy.

>>53891743
Man. Imagine how good africa could have been if niggers didnt nig away all their abundant natural resources

NFG hits another new Bonanza zone starting at surface

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2830-tsx-venture/nfg/137134-new-found-makes-new-high-grade-at-surface-discovery-intercepting-72-2-g-t-au-over-9-65m-at-iceberg-zone.html

Slow day at work so here's a little something for the Natty bros to cure my boredom

Smashed the 2.665 apex of the downtrend natty has been in since December after 4 days down followed by 4 days up which usually signals a trend reversal. Back above the 18dma (red line) for the first time since fucking December. RSI is oversold but the K line is holding strong near 100 so could quite easily be embedding.

There's a gap we still need to fill around 4.4 which is my current sell target. After 5 green days it's looking unlikely this is a false breakout so I'm feeling good about my levarage, we're already green as I type this despite the screenshot, but if it does turn out to be a false breakout then see you at 1.50.

bros keep an eye on Golden Ridge, it's a drill story but they're inside NFG's property along the Appleton Fault and the results of the 2022 maiden drill program (29 holes) are coming. Gold-in-soil samples were very high. Tiny market cap and cashed up with $4m for this year. Sprott has been in since June '21 at .25 CA.

>>53863742
Why do you think that water levels rise when ice melts? Put a few ice cubes in a glass of water and observe for yourself. Water is a far more curious substance than people realize.

>>53893676
>>53893642
>>53893579
BOIL is an ETF of nat` gas futures right? Why is it so low; what are the macro econs of this? Is this a meme ETF that's going to go to 0 or an actual buying opportunity?

>>53897175
whoa buddy are you telling me global warrming a scam??

>>53897225
Natgas at all time low, so boil is at all time low. I don't think there is anything complicated here. Please tell me if I'm wrong.

>>53897465
Look at UNG or other Nat Gas funds, they are seemingly more stable?

I'm a goldbug so I just buy that no matter what the price is, idk man

>>53897490
Leverage and decay

>>53897465
Bought UNG. Price dropped 2% immediately
You're welcome

>>53895273
just think what a side view of that ground must look like.
>>53897071
thanks for the heads up bud! Their a ways down stream of NFG but their on the same trend.

>>53897418
Depends on how retarded you are I guess

>>53893317
They're already producing. They produced 15,000,000 ageq oz last year.

>>53893317
They bought already producing assets. No mine to build. Only problem is they can't turn a profit right now and are losing money with liabilities payments coming up.

>>53897759
https://www.youtube.com/watch?v=GnRmnQQeXiI

you bet, seems like Golden Ridge has a pretty chance

>>53897759
the market likes today's NFG hit, up 9%

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

you bet, seems like Golden Ridge has a pretty good chance

>>53898482
Loks like eskay mining to me in terms of that pump and dump that occurred. If it was a 200m market cap I'd buy it but a 600m market cap is too rich for my blood right now.

However, snowline gold can be valued at 600m and that's perfectly fine though. Because that company is the greatest most valuable explorer to ever be an explorer. Newfound gold might have 60gpt gold over 10m but snowline has 1gpt over two hundred meters, and it's in the middle of nowhere almost in the artic circle. So clearly it's a much better inevstment.

>>53867345
>They can’t currently heat water with solar for any useful amount energy
wtf? they are called "solar water heaters", and are something like 80% efficient... and you can DIY to install in your fucking roof. what the fuck are you smoking?

>>53898612
How well do they work in the winter? Or on cloudy days? Rainy and windy days?

>>53898749
if you heat more water than you need and store it, you can have hot water for days. attach the system to a gas/electric water heater and boom, really fucking high efficiency water heating for almost nothing.
you could also store energy at a big scale like with artificial ponds and stuff

>>53898799
>you could also store energy at a big scale like with artificial ponds and stuff
I mean, for relatively efficient energy storage... or, like solar towers do, melt salts and store for later use.

>>53894437
hilarious you think this, i had 50k in credit lines when i was making minimum wage. card issuers dont verify income until you get into the six figures

>>53898573
how's it going renew fag

>>53899037
I think that's Red, I'm renew fag. Changed my name a few threads ago. I'm chugging along.

We have officially bottomed. Go all-in with max leverage. $30 silver incoming. Screen cap this.

>>53899454
So it isn't a bounce and no market crash is where we are now?

Whats some /cmmg/ certified kino?

>>53899604
2 Guys 1 Horse

>>53899604
Deadwood is also good

>>53899604
https://www.imdb.com/title/tt1800302/?ref_=nv_sr_srsg_8

A long time since I saw it, but I think it's based on the Bre X scandal.

>>53899604
"The Treasure of the Sierra Madre"
"Motherlode"
"Pale Rider"

Those are my go toos for mining keno lately but there are a lot of good monies and documentaries out there too.

>>53899604
Paint your wagon

fucking (((algos))) defending $21

>>53899112
Renew fag is the Dane now. Red hates snowline gold and Aya gold and silver.

Is First Majestic going bankrupt?
I’ve lost so much money in the “largest” silver producer.

3rd week of massive EIA adjustments on the weekly. Model re-work time?

>>53901496
They seem to be duddling on the export numbers.

>>53901487
Good question. I have 3600 shares and I have been considering buying more.

I am tempted to FOMO in to the Colonial Coal buyout hype once again. Someone tell me that the Canuck government will never allow another coal mine.

>>53901918
The BCites mine a lot of it despite their "environmental conscience"
Vancouver even exports American coal that the PNW states banned!
It seems like met coal is okay for the regulators.

>>53901487
Probably not going bankrupt, they will just continue to raise money. Like they raised $100M last year.
But why would you want to buy more? you realize they lose money consistently, right? and mgmt seems retarded, they just bought a mine that is losing them crazy amounts of money.
If I had to invest in silver I would just buy physical tbqh. Large bars with low premium. Not even a bad bet, price can't really go down as many producers are losing money. But I know people are looking for that 50x and that is hard with physical. These silver stocks are probably just going to keep sliding though.

>>53901918
The BC gov is currently controlled by the heavily left leaning NDP, who wont likely ever support further growth of coal in BC. That being said, there have been a number of coal projects in BC that were already in the permit process, those might still get the green light if the NDP want to keep much of the interior voting for them.
There are several massive coal mines in BC, mostly for steel coaling, I dont think any coal mines are currently mining low grade coal currently. One project I can think of off the top of my head is the Telkwa Coal project, which unfortunately has little local backing.

>>53901995
>These silver stocks are probably just going to keep sliding though.
Red said they will 100x with silver going $28-$30 end of month.

Something cool happened at work today! I work at Walmart photo, and a customer had 3 cds of some slides that were from the 1950s. Apparently when she was 6, her father was a gold miner in Nicaragua and she grew up in the jungle. She showed me some cool historical photos and talked about having to watch out for venomous snakes and scorpions, living in a shanty town with stilts, or how kids would play in the leeching pools and get tetanus. Apparently the mine had to pay monthly tribute to the dictator of the time to stay in operation. Basically what you expect from a 1950s South American country

The mine was called La Luz
https://en.wikipedia.org/wiki/Siuna

TOU.TO fucks!

what does it mean when a company has an IPO and trades up and down, but has no website, news, or anything? because i invested in one as a joke and now it's going up and i'm wondering what to look for from here.

>>53900615
Lol I love how all the wicks are to the downside

>>53901952
Canada is a mining cabal pretending to be a government. All governments are like this. It's neo feudalism

just bought 10 shares of GOLD

>>53903310
Bought some GDX today

>>53902989
That piggy looks delicious.

>>53902440
Qui?

>>53903657
Steel is up 35% this week?
What mean?

Dripping in a hot stock tip from Peter grandich. He mentioned big ridge gold. A one million gold oz explorer for a ten million market cap. He didn't say whether he was invested or not, but wanted to drop it in the thread for further investigation. Looks like they might be having problems raising money though.

>>53902440
Lol that's not what i said.

Some interesting news that I missed from earlier today:
>Tower Discovers Strongly Mineralized Gold Zone
>mineralized core sections vary in length from approximately 30 m to 130 m
>most importantly, the longest intercept is also the deepest and most strongly mineralized.

Could be an interesting gamble although it already ran up 72% today and closed at the high.

>>53904015
its never a bad idea to bring up a new company! Thanks mate!

>>53903657
>>53903684
Who is “Red”?

>>53904738
You should lurk more tho

>>53904738

I’m goy maxing until we moon

>>53895472
I have to take the class so I know what you guys are talking about

I'm going to bed kneeguards

The forecast for trillion energy looks pretty good, most forecasts for oil and gas companies look amazing for the next year

So I actually maybe got a hot stock tip from a normie today.

HUSA Houston energy. It's trading at one dollar and the 52 week high is 16 dollars and it's only a 39m market cap. I'm definitely gonna look more into this one.

>>53906117
Oh AND THERES ONLY 8 MILLION SHARES ON FLOAT.

>>53904015
I looked into this company a while back and concluded the project was poor quality. Low grade UG IIRC.

I put half my savings into a natural gas etf yesterday, how retarded am I

>>53905104
It's a lot of fun but also sad coz since almost nobody understands it nobody gives a shit.
People only care about moonshits and crashes

>>53906873
Depends if its long or inverse

>>53906919
https://markets.ft.com/data/etfs/tearsheet/summary?s=NGAS:LSE:USD

this

>>53906873
You gonna loose all your monies.

>>53906873
Anon are you ok? Are you ok?

>>53907457
Scottie bros can't stop winning. They might have 3M oz at Blueberry alone

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2659-tsx-venture/scot/137264-scottie-resources-intercepts-17-4-g-t-gold-over-6-57-metres-on-blueberry-zone-and-extends-strike-length-to-1-550-m.html

>>53907509
yeah i'm up 1.8% so far.

It is kinda scary though I might just take that small win

>>53907527
I'm down ~ 50% last I checked. I'll be fine since I put only around 300 USD.

>>53907625
I put 20k into it

>>53907632
Be careful anon. Don'r be like leddit fags who yolo.

>>53907657
it was my yearly bonus + few months of savings, not gonna bankrupt me only make me mad if it crashes

>>53907669
Ok. Alteast its not some shitcoin, god bless.

>>53907710
>nat gas
>not a shitcoin

https://www.prnewswire.com/news-releases/silver-one-obtains-permit-to-drill-its-high-grade-phoenix-silver-project-arizona-301760328.html

>>53901487
https://www.marketbeat.com/instant-alerts/nyse-ag-sec-filing-2023-03-02/

>>53907520
to think people have been driving over that spot for decades looking for a gold mine, it was right there the whole time!

>>53906117
>GUYS GUYS THIS NORMIE TOLD ME ABOUT THIS ALREADY PUMPED AND DUMPED PIECE OF SHIT STOCK!

>I THINK IT HAS POTENTIAL! GOING TO LOOK INTO IT MORE!

really, nigga?

baker?

>>53909363

>>53907625
Isn't that like a years salary in india tho?
>>53909363
I'll whip up a thread

>>53910806
ok it was made already nvm