/biz/ - Business & Finance

Very lonely here bros, /CMMG/ is a comfy place, so you are welcome here.

https://goldseek.com/article/kootenay-silver-advancing-its-high-grade-silver-columba-project-towards-maiden-resource

I like a good earnings poomp. Lets me know I'm on the right track with my pick. They released their q4/year end last night.

>>53994820
Based. Whatever I touch rugs. Like silver and natgas.

https://www.mining.com/web/canada-will-not-retrospectively-target-chinese-investments-in-canadian-mining-companies-minister-says/

Morning all!

>>53994774
Kootenay seems incredibly cheap now

>>53994935
Good morning sirs.

>>53994958
It's gonna get even cheaper. They all are

Some good overview on crescent point energy
Great Cashflow even at current oil prices
https://seekingalpha.com/article/4585300-crescent-point-energy-their-shares-becoming-much-rarer-better-buy-now

>>53995127
I've been buying this all week, but I'm a retard, so go figure.

>>53995151
What do you mean?
Personally I'm down 10% but I'm currently not buying

>>53995256
I mean that I'm buying it here, but don't take that as an endorsement, because I have no idea what I'm doing.

>>53995307
Crude oil and CPG are kind of bouncing off support these last few weeks
But with overall weaknesses in the markets I rather wait and see what happens in the weeks to come

My uranium bags are pretty heavy

Hi gayhorse bros long time no see

shill me the next small mining company to do a 1000x. I want to lose my money in an illiquid penny stock.

>>53995888
Wtf is a private placement?

>>53995977
He’s creating more shares and giving his friends stock to dump on rubes.

It’s not even a functioning company, bayhorse is some boomer who bought a bit of land to get in on the “silver squeeze we all gonna be rich” meme and hyped it to dump shares on retards and get even richer.

He succeeded and still is roping people in cause the worthless shares still trade for a number just over 0

>>53995006
Good morning, sir.

>*PRESIDENT BIDEN PROPOSES $6.9 TRILLION BUDGET FOR FY 2024
>*BIDEN PROPOSES 5% INCREASE IN DISCRETIONARY SPENDING
>*BIDEN BUDGET WOULD INCREASE DEFICIT TO $1.8 TRILLION IN 2024

Admin is not helping bring inflation down.

>>53994958
back to my buying price, tempted to add a bit...

>>53995921
Freegold Ventures Limited, you're welcome. Screencap this and watch in 2 years.

I'm 15% cash, a few thousands, will start buying probably end of month.

>>53996703
>Freegold Ventures Limited
It's refractory tho

>>53996736
That's why it's sub-200MC, company has to demonstrate they can process it. Huge deposit, you don't take that much risk from here.

>>53996855
They can certainly process it, the problem is cost. I don't think you can go lower than $40-$50/t even with a big plant, so that's at least 0.75g/t just in processing cost. The deposit is like 1 g/t. Doesn't work. Have to be high grade for refractory to work.

>>53996938
They also have some oxide that may be economic. Also some of the refractory ore is high grade so perhaps it is possible to mine some of it, but I'm guessing it's going to be a small part of those 20Moz.

>>53995977
The only way to make real money with junior mining. Expensive lottery ticket.

>>53996938
you understand my point

>>53996980
dont spoonfeed, let people do their dd

>>53997052
indeed. Poorfag are gatekeeped

>>53995977
Kek

what the FUCK is happening, encorebros

>>53997199
Encore is not a producer

>>53997329
damn, guess it's time to sell low

>>53997347
I wish I had discovered this before I went a bit overweight in encore

https://seekingalpha.com/article/4503670-encore-energy-looks-overvalued-based-on-fundamentals

Commodities were the worst investment for the last 4 years. The crypto shitters were right.

give me my money back

>>53997199

Encore has a daily gap to fill at $1.49 and it's free fall from here after this big support region has been eaten away.
If the markets start taking a shit and Cameco goes to the low 20s or even lower, I absolutely expect Encore to go down to that gap range.

>>53996703
https://twitter.com/SpiderCharts/status/1633771397796306950

More data aligning with him

>>53998524
Hey. There's a bubble.

>>53996424
>white women protecting poos from white men
a tale as old as time itself

S&P500 down almost 2%.
Gold up 1%
This is the danger of waiting on the sidelines for the crash. I also think we are going to see 3000, and usually gold would crash too, initially. But there is still a lot of liquidity in the system, I don't think they will drain it all before the recession is obv. There may still be liquidity seeking a safe haven.

>>53997199
>>53997329
They will be producing in literal months. I already sold out though based on what Gary said. I'll be back in a posistion in about six weeks.

Gary said short Financials by the way. Faz and sef are my plays.

>>53997469
Article is not taking into account the expertise and track record of bill sheriff along with unproven deposits.

>>53998354
We're not wrong the markets just retarded and broken and the government is incompetent and corrupt and lies out its ass.

We made a bet three years ago that we would have high inflation and interest rates wouldn't be able to bring it down. Three years later were completely right and yet we sit here unpaid. The market will pay us, you're just not realizing how long it takes for large numbers of retards to move together as a group. We were just early. Well see some stuff pop off this year in a big way.

>>54000804
I still hold physical gold and silver and gdx and silj. It sucks sitting on the sidelines but I'm okay. If I can play this swing I can recapture all of the losses I took in 2022 which ended up in my portfolio being down about 170k. Risk reward is worth it.

>>54001041
I have the gold ID. Therefore everything j say is legit

>>54000914
ive got the brian lundin list sorted. every company is on dick drools dropdown box except
>minera
>fireweed metals
>collective mining
took the day off so i could do this and some other office stuff, watch the videos from gary, and read the info in the last couple of threads again.
not sure how this list helps if theyre both shitting on their followers in p&d buttsex but maybe someone could enlighten me

>>53997199
Just the uranium fuckening for a while

>>54000804
Several banks such as CS are apparently defaulting? VIX is up bigly too.

>>53998841
I think it will settle when everything else does, if ccj gaps under 22 then encore will defo go to 1.50 ish... which sucks

>>54001608
Yeah, we are definitely in for a serious recession. The system can't handle 5% rates, and also the bottom half of consumers are tapped out. But as I understand it there is still a lot of money on the sidelines among the wealthier classes. So this liquidity could find its way to gold as things start to look grim. In 2008 I think the liquidity crunch was more severe and widespread (this was before CBs bought many trillions worth of assets).
Funny how the fed bought trillions worth of assets in months after the covid crash, and now they are "unwinding the balance sheet" at <$100B/month.

>>54001232
It actually helps a lot because we can cross reference and see what the best picks are between the two. Rick is a little stingy on his ratings so if there's any on the lundin list that also have ratings from rule then we can bet that those are really solid picks. I'm curious to see how it comes out. You rock dude. Pulling some serious weight right now and on top of that you got all that other shit going on too.

>>54001608
Gary says short Financials.

2 months of profit gone in 7 days. Venturing into healthcare until theres a last year low. Want to see a good slide in copper in the next coming months before jumping back in. Think oil should be ok heading out of winter, probably my commodity choice atm

>>54001883
Did Artemis Gold appear on that list? I just saw they got their final permit approval for the Blackwater mine. The guys I follow on twitter are thrilled seeing BC do a permit faster than the Yukon for a change.

>>54001883
i was looking for correlations while i was there as well as the 52w and betas, MCs. the major things that jump out. so one thing i noticed was the run up from covid (march/april) 2020 and the top of that leg up in late summer of 2020. alot of these ticketrs went 2-10x in that time
im gonna dump those that were on both lists, and were around for that covid run up. with current market caps as well as the covid lows and highs within that six month period

>>54002182
artemis of australia? it wasnt on lundin dump, no. unless i missed something

the list
>Avino
80m
.40-1.18
>cabral
19m
.08-.73
>maple gold
40m
.04-.37
>silver x
44m
.23-.51
>silver corp
520m
3.27-8.66

>>54001905
>Short financials
It's already moved significantly today.

>>54002336
>cassiar
43m
.325-.75
>new pacific
350m
1.45-3.26
>vizsla silver
345m
.46-2.41
>calibre
460m
.60-1.83

>>54002336
Artemis Gold in BC, I thought i remember it being in the dump last week that we looked at. I am not sure if its worth looking at though anyway, its already priced up quite a bit in recent times if i recall. https://www.artemisgoldinc.com/

>>54002358
He said it 6 hours ago in fairness.

>>54000914
>Faz and sef
I look and both already ran up this week. The second I buy it would dump. If I could read lines I'M sure it would be screaming sell.

>>54002336
They had Cabral Gold as a buy? that stock has crashed like crazy. I was always wondering why it was valued so highly considering they didn't really have much yet. Guess I was right.

>>54002395
i did not see it on the lundin dump from RW in the last bread

>>54002397
Oh well, best thing to do is to be well positioned before things take off again. In this case, commodities are usually the first to fall or rise, no? I hope people itt are going to DCA all the way down, even if it hurts.

>>54002445
odd i wonder where it popped up then, i could swear we were talking about Artemis recently, oh well still good news for the BC mining sector.

>>54002431
>beta 2.57
yeah its volatile. but that could be a good thing

>>54002497
we were. idk why i thought it was the aussies but when i got on the work laptop it was open to their homepage. so i guess we discussed it but i missed it was in leafland. too many tabs open i guess

>>54002500
It was propably also very overvalued before. Not sure how it is at this price, haven't looked at it for a while.

>>54002494
>I hope people itt are going to DCA all the way down, even if it hurts.
I'm mostly cash, shorting the market since two days ago with my only longs as nat gas for the inevitable regression to $4. I'll make money on one and double down on the other. If both go their separate ways I make mad cash or worst case scenario the market bounces and natty crashes to $1.50 which would suck but then I double down hard into both.
I don't plan to retake any positions until April.

added some forsys metals today

What happened to the mega dump I was promised?

>>54001883
I think I fucked up on how I did this now that I'm poking around for more information

I ALMOST fucking sold everything due to the FUD here yesterday.
It looks like it's recovering.

>>54004132

>>54004211

>>54004132
Market is literally shidding and farding rn

>>54004538
I was talking about the gold and silver markets.

>>54004689
2000 by EOM

>>53996196
>Silver squeeze meme
Except the company went public 5 years before that meme

>>54002182
I don't remember seeing that one but it doesn't mean it's not good.

>>54002358
Possibly just getting started. Financials crashing is just starting to hit meanstream. I bet we see some big moves. I bought faz today.

>>54002411
I did buy it over a Bollinger band but Gary said to take it so I did it.

>>54002431

KEEP IN MIND THOSE REXOMENDATIONS FROM LUNDIN WERE BACK IN NOVEMBER. IT WAS A FREE EDITION OF

>>54006013
i got the thing fucked up im working on fixing it

>>54005983
The Blackwater Mine's a done deal, its going to be a fantastic project for interior BC, something local communities have been praying would happen for at least 20 years. It took decades but its finally happening.

You know I'm starting to see in hindsight why investing in majors might not be too shabby. Most juniors and explorers are doing pretty poorly over the last year and more, whereas a bunch of the bigger dogs like Vale, Lundin, and Rio Tinto are flat or up, not accounting for the bonus dividends.

>>54006222

When you start looking at the percentages, the smaller lottery tickets are pretty much a scam 98% of the time.
And this is true all across the markets in all sectors.
If you invested into Cameco you did better than investing into Denison mines or Encore.
Putting your money into Shell or BP would have gotten better and steadier gains than going for some tiny oil company that may or may not do something.
It's much better idea to gain 30-50% a year from something steady than to try and make it from a junior that tanks and then goes sideways.
Of course it's easier said than done. Do I want to invest into some giga cap corporation? Fuck no, but in reality it's just more sensible than to gamble.

>>54006307
>It's much better idea to gain 30-50% a year from something steady
This is true but there's always going to be a certain desperation among younger investors that don't have a lot of starting capital and gamble on the small caps because anything less than a multibagger isn't going to help. It's sad that getting a job and slaving it out really is the only way forward for most, barring some string of luck. There's also the diversification thing where you want to spread yourself out to alleviate risk, but when you can only afford to put so much into each position then it hardly feels like a win even when you do get 2x on one spot. That's how I felt initially so I consolidated most of my positions into one or two of my "best" picks, but then timelines on those picks failed, and it was painful to stagnate while other lower tier companies that I had researched and watchlisted took off; now I've gone full circle and am back to ten or so positions with a few thousand in each.

>>54006013
>I did buy it over a Bollinger band but Gary said to take it so I did it.
Maybe some profit taking will occur on open and I have a chance to get in. I know not buying on red will bite me.

>>53995694
Why would you buy smelly CPG when WCP is clearly the superior company?

bumping with PM related tune attached https://www.youtube.com/watch?v=p4lWAaud8I4

>>54006777
Trips of truth checked.

I only made a 2k posistion and I'll be pissed if the market crashes because I could have put at least 10k in. I really need to make money right now haha. Fucking Gary man.

>>54006307
Yeah nit when the markets was hot two years ago these juniors were flying. Bayhorse was 4x higher for fucks sake.

It's just a timing thing. You need to inevst jn juniors with solid prospects that can make it based on their fundamentals.

>>54008218
Buy*

>>54006476

Yeah you're right I'm younger and desperate and trying to swing for home runs and if I just took a step back and swung more liquid eyfs

>>54008227
More liquid etfs like gdx I could make easier money.

>>54006476
We all made that mistake. Its better to have 10-20 position with 1-3k each than 2-3 concentrated position.

I'm at 17 positions right now with some very good win like BIG which did x3. We've to keep in mind we are in a correction for almost 3 years now. If you are even or -25%ish, then you're winning since you're in smallcaps. Too lazy to repost those screenshots but most fund in the gold sector are at -40% in 2022.

Looks like a blood bath tomorrow morning

>>54009262
Can't wait, will natgas go to zero?

>>54009262
Gary called it.

>>54009262
He said short Financials. I hope I don't regret only taking a 2k posistion when I wanted to take a 20k.

>>54009365
>>54009262
https://twitter.com/FinanceLancelot/status/1633997436896133120
>SVB Financial Group is now down -70% today after hours. A bounce tomorrow isn't going to save this thing. The bank is toast.

>Now the question is, who is exposed? $200 billion in assets puts it within the top 15 banks in the U.S.

>>54009365
I don't have the balls or the brains to short. Gonna just have to ride it out

>>54009898
https://www.youtube.com/watch?v=gdg2AD0pouY

>>54010261
>Bear Stearns is fine!

>>54010261
https://twitter.com/DeItaone/status/1634170800101007361
>Ackman Floats Government Bailout Idea for SVB

>>54011547
>>54010261
https://twitter.com/DeItaone/status/1634154108641763332
>$SIVB falls another 46% in pre-open trading

>>53996703
>FVL
Lol I lost like 70% on this
t. got in back in 2020

PMs spiking

>>54012435
Unemployment Rate 3.6%, Exp.3.4%
Avg Hourly Earnings 0.2%, Exp. 0.3%, Last 0.3%
Avg Weekly Hours 34.5, Exp.34.6

Economy is shidding and farding

>>54012435
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>54012666
it's ok, the good jews are trying to tamp it down

>>54012694
Just make sure we have cheapies for the next month.

Buying BOIL and UEC lol. Who wants to lose monies with me?

B-but Gary said gold was going down...

Looks like silver is back on the menu

ah morning guys? what the hells happened?

>>54013761
>Looks like silver is back on the menu
No anon, we are supposed to buy low.

>>54014087
Crypto/vaporware startup bank about to blow, seems like gold may actually go up for once

>>54014421
golb is going up because of job numbers right?

>>54014628
I'm guessing it's because unemployment came in higher than expected and wages lower (suggesting the fed will ease off, see rates plummeting). Plus the whole banking crisis.

>>54014628
I don't think so. Good news = bad news because fed can keep raising if number good, therefore good number bad, and higher rates should be bad for gold... I'm confused now

Where can I read up on uranium?

I have like $2k ready, and I'll have about $2k available to go every month forward for the foreseeable future
What're some companies I should look into buying? I'm mostly looking for junior to midcaps

>>54015754
Do you have physical gold and silver?

>>54015818
I have a 500g bar + 20 ounces of silver and 13g of gold.

>>54015848
>>54015818
Here's some of my gold.
Do you like my coins? I think they're pretty.

Red niggers get the rope

>>54009904
Based tourettes man. I have that shirt and wear it often.

I increased the financial short faz posistion to 12k today. I'll hold for a week

I am financially ruined

>Mfw there's too many good things to buy in this shitshow of a market

There are companies that are pulling incredible growth numbers and even their values are digging deep into the shitter because of algos dumping the hell out of everything.
When this market finds it's new low we're looking at absolutely insane discounts.
Man I wish I had more cashflow. So many things to buy.

>>54019719
I've thought of selling a couple of kidneys to buy in

>>54015255
I read this in Antonio from Resource Talks voice

>>54019719
Disagree, market is still way above pre covid high. Stocks are still very expensive, especially because current profit margins are going to come down.

>>53995755
Hang in there KING

3 year hodle

>>54004461
Schiff is live in an hour.

https://www.youtube.com/live/3CjTQ9WJ-40?feature=share

>>54020180
Commodity producers are trading at 1-5x price to earnings.

>>54020314
He's been upstaged by /ourguy/

>>54020314
He's going live right now boys buckles in.
https://www.youtube.com/live/3CjTQ9WJ-40?feature=share

>>54021039
name 3

>>54021524
Banks are failing bros, Peter Schiff is flexing on the normies.

>>54021910
Tesla
Bayhorse
Bitcoin

>>54022036
A fellow deep value investor I see

Will banks failing make miners go up?

>>54022036

>>54022353
If economy dies or there is banking crisis cuz contagion that is all good for gold because the fed response will be more liquidity. And also uncertainty.

>>54022487
Ser, he didnt ask for gold. He askjywed about miners ser.

but seriously though I Hold shares in HNU leveraged nat gas; is there any chance of this recovering? I was naive getting a leveraged ETF but I'm holding at a loss now and don't want to sell if I don't have to

>>54022559
The ones with cashflow, yeh, juniors that need to raise capital, neh.

>>54022559
Obviously if gold goes up (adj for inflation), gold miners will probably go up too. Base metal miners I assume will not do well in a recession. Although some big government spending package to revive the economy by replacing old infrastructure may change that. They seem to talk about this a lot but it never really happens.

>>54023574
generally speaking recessions are horrible for the junior exploration sector, last time dozens of solid juniors got demolished, and hundreds more to go bankrupt. If we see a real hard crash, junior explorers will probably get shit on so be warned.

>>54023709
what if there is a recession but the price of gold goes up a fuckton?

wouldn't gold's rise outweigh the recession and result in junior gold miners mooning?

>>54023810
the issue is juniors need investment capital to do their jobs, gold going up is great, but if there isnt any money out there to invest in the juniors than it wont help. Of course if gold goes absolutely bonkers than its anyones guess.

>>54023810
I would think so yes. But sure if equities are in free fall, gold equities will probably get hit some as well. But it all depends on how gold is doing obv. If gold goes above 2000 and stays there I can't imagine gold equities are going to have a bad time. At that price mines are printing.

speaking of juniors, this is a good piece of news, i am surprised ArcWest doesnt pop up with news as much.
https://twitter.com/ArcWestEx/status/1634251705612382208

>>54023873
With regards to juniors I think they will be able to raise easily as well if gold is at 2000 even with a market crash. Also because I think overall liquidity is better today than in 2008. This isn't as much of a liquidity induced crash as it was back then, the consumer is just tapped out, demographics are a drag (in more than one way) and leverage is high + deglobalization. Lots of bad trends right now.

>>54021910
Met coal.

>>54024052
Don't know about that sector, but commodity price is probably unsustainable. Recession = lower energy need.

>>54023853
okay but wouldn't a higher gold price incentivize people to invest more capital into juniors?

>>54023873
My whole plan here is to invest in like 10-20 juniors and for them to go out when gold rises above 2100 and beyond

>>54024119
Sounds gut, but there are a lot of sub par juniors imo.

>>54024119
again, only if there is any free floating money out there to invest with. When the major crash happened last time, money dried up pretty much instantly. No one wanted to lend or invest in projects, this time around will probably be different.

And yes, the junk layer of junior mining will die off, it happens eventually anyway but a recession is a good house cleaner for bottom barrel explorers. It opens loads of ground up again which is never a bad thing.

>>54024119
Producing assets with cash flow will be the place to be.
Jag looking pretty good

>>54024616
I think development companies are good too. Ones with a solid resource already you can buy at $10-$20/oz. Could easily 5-10x with a juicy rally like in 2020. Even $100/oz is cheap if the project is realistically expected to have several hundred $/oz in profit margin.

>>54024950
developers need to be careful too though, if a project goes over budget later and they cant find funding, their in deep shit. The companies already cashed up and working on permitting should be ok though.

>>54025108
Lion one looking really good as an example of this, as long as they can get over the finish line. Hopefully they take it easy on drilling so they don't blow through their cash.

>>54025188
Osisko Development needs to watch this too, they NEED money to get working on their next phase at Cariboo Gold, if they cant find further investment, they will have to go dormant.

>>54025108
Yeah there is always significant risk if they try to go ahead and build it themselves. But there is also huge potential upside with some of these companies.
Imagine buying a 1Moz developer at $20M. They run up to $100M as gold rallies, raise $75M in equity + debt to build the project. It is now producing 100koz per year making $40M/y in net profit at $400/oz profit margin, even more in FCF. You are in at $35M (adj for dilution). You are now making more than your initial investment every year in net profit (your share of the profit). Wow, amazing!

>>54024616
I'm looking for at least a 6x.

>>54024344
thats why I am diversifying

>>54024501
>When the major crash happened last time
You mean in 2008? Didn't juniors go up a lot in the few years that followed?

also thanks for the info bro

>>54025269
no problem! In the immediate aftermath the junior sector was slaughtered, it was a horrible time to try and find work in prospecting or exploration. Loads of well setup projects and properties were basically mothballed as no one had capital to finish up work. A little later on into 09-10 it wasnt as bad, but trying to get funding for new projects was nearly impossible.

>>54025269
actually I forgot to mention, the major reason for the utter demolition back than was it was at a point I think when a bunch of different companies / projects were expecting it to be fairly easy to find funding, spending was through the roof, so when suddenly everything shit the bed no one had anything saved up and projects got shuttered. I could be wrong though its been a while, I remember seeing the ACME Lab in my town go from a staff of 21 to 2 in a week thanks to 08.

>>54024616
>>54025269
Jag could definitely go 6x+, very cheap producer. Getting close to US$100M for nearly 100koz/y. Downside with them is that mine life is short and I'm not quite sure what cost is going to be in the upcoming years, could go up some. But if they keep finding some good stuff and gold goes up it could definitely pop off like crazy. There's also the whole Lula situation adding some risk, but I doubt he will do much short term.

>>54025225
Please email the lion and tell them you a miner 49er and to be careful with their cash, please.

>>54025560
thanks for the pick

>>54025391
>>54025545
hmmm okay, this is good info to take into account

quick core porn post because i cant comprehend how rich this is.
https://twitter.com/RickRuleRulz/status/1601910286109188096/photo/1

https://www.mining.com/arcwest-shares-jump-on-freeport-earn-in-deal-as-majors-eye-british-columbia-copper/

More discussion on Arcwest / Freeport news!

>>54021910
Dude really? Just about every single one. I'll just name three at random. Rio Tinto. Athabasca oil. Kinross gold.

>>54023810
You want to own companies that own ounces in the ground in that case and not ones who are trying to discover deposits.

everywhere you look today people calling for gold to make a new ath

>>54028428
based
I was sooo close to selling everything the other day, so glad I held

>>54028701
same

>>54028117
Kinross is valued at 15x last year's adj net earnings. Rio Tinto shows a 9.3 P/E for me. The oil company is the only one with a P/E below 5, but the financials look a bit weird. Shows a $400M tax recovery on the marketwatch site financials. Also there seems to be (non-cash) upwards adjustments of asset value last year that also boosted earnings.

I have 150,000 shares of gayhorse. How long until I'm a millionaire?

>>54029668
2 weeks

>>54029672
okay, I just bought 100,000 more.

What are the best miners to be holding right now in regards to upside and given the current situation? My Ascot seems to have made steady gains and should keep moving on up. Santa Cruz I am starting to think might end up dumping hard.

>>54030596
Anything operating or cashed up should do fine right now. Were in for rocky territory.

>>54025108
>The companies already cashed up and working on permitting should be ok though.
So, BHS?

>>54030596
I'm waiting for santacruz next earnings report so I'm out for now. They have 20m in current debt. However they price 15m aq oz. So if they turn a food financial report I'll go back in.

>>54026893
Bitch to process though

>>54023810
>>54023709
https://ceo.ca/@newswire/silver-viper-minerals-announces-3-million-private-5dcc3

One of my position got oblitared. Management screwed up by not doing a placement way before SP hit all time low. Oh well, thats life. Will sell it once we rebound to 30$, fortunately im only down 50% on this small position

>>54028053
I'm a huge fan of Freeport as you know from my past bobposts. Reason is in 2008 they asked me to bid on a little bit of work at the Climax Mine. I sent in my proposal for $55k, it was a small job. Purchasing agent calls me up and says he likes the proposal but I need to double my price. I'm like, "sure, I can do that." So I enter a new proposal for $100k and change for the same job. They accept the proposal and immediately tack on a million dollars more of the same work at the rate I bid. Then they tell me I need new, full size trucks for everyone I send up there. 4 wheel drive. I said I don't have those, so they told me to add the price of purchasing new trucks to the contract. So they bought me a small fleet of new trucks. In the end we wound up working for them for 5 years, and they recommended us to 4 other mining companies for similar work.

I've worked for a lot of companies. Most of them. Freeport is always going to be my favorite for how much money they throw around, and how they do business. Absolutely awesome company, a pleasure to work with. Glad to see them poking around in your neighborhood. They do serious business.

>>54028744
>>54028701
you can be wrong selling
you can't be wrong holding

Crypto bros on suicide watch

>>54028701
>>54033367
NFG is still in the shitter so it doesn't matter
Meanwhile I sold half of my ATH at 3.22 a few days back and it's nearing 3 now

Bump

https://giresearch.substack.com/p/low-complete-gold-to-2200s-by-june
>Low Complete. Gold to $2,200s by June.

>>53994698
bamp

>>53994698
Should I invest for rare earth elements?

>>53994698
>>Newsfeed
>https://twitter.com/zerohedge
lmao