/biz/ - Business & Finance

First for helicopter rides

Thank you baker. You are a scholar and a gentleman

>gold
uhh guys we're mooning too fast I still need like a year to accoomolate

>>58086239
>I still need like a year to accoomolate
It's literally happening, you will NEVER in your life be able to accumulate junior gold stocks again. Trust the plan. Nippon in two more weeks aka 14 days aka 360h aka 21600 minutes aka 1296000 seconds. Trust the plan.

>>58086321
it's fucking over for me... I had 10,000 years and I still wasn't ready...

>>58086379
It's literally over for you NGMI... There will NEVER EVER EVER be another opportunity to buy JUNIOR GOLD stocks in your lifetime and beyond it. You didn't trust the plan, no nips for you.

>>58083334
Benton Resources
https://www.youtube.com/watch?v=qxhDTptsX8Q

Get in quick before the new assay results come out.
This mine is going to be huge.

>>58086467
I'm buying your bags right now. Japan when?

>>58086467

i keep the last five cmmg threads up at all times and i'm convinced you're just a slightly more self-aware rocketred

>>58086535
slightly less annoying and shill-y rocketred

>>58086535
They're easy to spot. I shill fracking sand and oilfield services but I don't tell anyone to buy and I don't have any expectations that aren't backed up with a fuck ton of DD and study. I just come here to talk about rocks and shit mostly. We need a geology board. A new place to shit in and troll

>>58086608
>oilfield services
I can't find one consistently profitable oilfield services company besides COSL. Is the whole sector bleeding money right now or what?

>>58086511
You made the right decision.

>>58086535
How about you cry about it?

>>58086695
Step energy services-STEP
Mammoth is coming around-TUSK
I like ensigns technology and there's one other I've been keeping an eye on but can't recall just now
A rising tide will lift all boats brother. Permian need for sand and water for fracking is going to change the game. And barring any govt interference it'll put America on the tip top of the energy markets. They recycle the water mostly but the sand stays in the ground. So buy sand

>>58086857
Isn't TUSK that company that's still chasing a few hundred mil payment from Puerto Rico?
Wonder if they're ever going to get it

>>58087026
Yup that's one of the many reasons why I haven't bought them yet.
Step is the one. And you won't be buying my bags cuz thats a long hold for me. I like they hired the right guys for the right jobs and they have a game plan. They hired a nitrogen guy from another company that did great work and he's been buying their stock

Well, I'll be heading out Colorado-way to do some specialty work in one of their big underground coal mines for a while. Will take my ailing mother with me. I have a friend near there at whose place we can stay in exchange for a little rent. It's not as nice as the place I usually stay when working in the big longwall mines of southwestern Pennsylvania and northern West Virginia, but it's nice, and my mother is excited to see Colorado natural beauty once again before she passes.
It'll be some longwall maintenance, some help with the belt, and there will be an expert continuous miner operator on my crew. This mine really needs good CM operators, on top of some major belt work.
To the anon who called me a good goy who must pay taxes, well, too bad, so sad for me. I'd prefer lower taxes, but I love my job and believe in the work my industry does. I prefer honest business, but if the environment is cutthroat, I can operate in that too.

This excursion to the Western Slope will be nice. Lots of elk in the area.

***BREAKING NEWS***

>FRESH GARY SAYS

>>>/pol/462374739
The answer is coal.

>>58087488
Colorado has some of the most fascinating coal mining history in the USA. In the early 1900s, 10% of Colorado entire labor force was employed in coal. The quality of Colorado coals is also very good: low ash, low sulfur, high energy density.
These are mostly Cretaceous age coals.
Then of course there was a Ludlow Massacre and the Colorado Coal Wars of 1914, perhaps the bloodiest labor dispute in U.S. history.
And then, Colorado has long been a center for mining of minerals other than coal too. Very fascinating state, historically. Too bad Denver has fallen so far, so fast.

>>58087543
>uhh I was wrong again but I was kind of right in a way ANYWAY let me tell about muh cartel

I should have bought Nucor when scrap spiked like that but it was on that upper support line and it spooked me. I'm still making money but I always feel like I'm scraping by rather than getting the giant licks. I'm very defensive in my plays.

Anyways MRO I made $500 on, so I guess that'll feed me this week. Entered trades in HCC and APA today, we'll see how those go.

>>58086128
anytime!

>>58088162
honestly I think it'll be very hard to go wrong with almost any commodity stock long position this year as long as the company is competent. Oil looks strong, natgas has bottomed, iron ore and steel have probably bottomed, copper has broken out, gold has broken out, silver is breaking out as we speak, palladium has possibly found its bottom, most other metals are showing signs of strength. Fertilizers should also have cooled down well enough by now.

>>58087929
the craziest thing is there are retards paying Gary $75 a month

>>58088425
Goldfinger from ceo hands out better TA for free and this guy has the gall to charge $900 a year lmao

>>58088162
What do you think of the defunct buyout attempt of US Steel?
I knew guys who worked for Joy Global, maker of excellent underground coal mining equipment, when it was bought out by Komatsu Mining. Joy was a well paid union shop with good benefits. It remained a well paid union shop with good benefits and Komatsu Mining now makes some of the best underground coal mining equipment in the world.
Personally, I suspect killing the buyout deal was purely political and probably dumb. The Japanese know steel as well as anyone else, maybe even better.

>>58086467
>>58086535
>>58086597
This anon is nowhere close to rocketred, if I'm correct he's the anon who did well on Hercules and moved into Benton, not a bad move. I have a small Benton position myself and like them a lot, just not enough to go balls deep.

>>58088576
French anon is the one that made money on Hercules, btw I am long Hercules as of late, copper breakout prompted me to take a position and I see the potential.

>>58088563
I think it makes CLF and X stocks that have so many unknowns that it's kind of gambling at this point. X is priced over what CLF offered, but less than what Nippon offered. That makes me think X might not be a good buy at this price. But, truth of the matter is they might just not sell it at all. These minimills like NUE and STLD have been the bangers lately, they just have better margins than an ancient, union, integrated producer like US Steel.

I agree Biden said those things because he wants to win votes in those critical states. If he didn't say them, then Trump would have had some great ammunition to attack that deal. In my personal opinion, Japanese owning US Steel would have been our best bet. We still have lots of other steel production in the US, and CLF buying US Steel probably would have been a problem for our already suffering (rightly so, they kinda suck) automotive industry. It's kind of a mess.

>>58088290
You're probably right. I mean I'm long steel futures (brutal because the contracts are 20 short tons, so I better be right lol) and a bunch of commodity stocks. The first ones I bought through a broker so also have a small fee, but not too bad, now I've figured out how to buy them myself. Steel is going up. The main risk right now is China, but, China doesn't want their shit to fail, and both our presidential options can't have steel be a problem, so I don't think it'll be a problem. I have one may, june, and july contract, all in the 780-790 range, so fingers crossed I guess. Right now I'm already up really big and might sell one of them soon just for some piece of mind. The May contract I can sell at 908 today. About a $2,500 gain. I think it's too early though, going to sleep on it. I think the others will do better and aren't selling for as much currently.

>>58088290
>>58088915
..I should also add, since I didn't know how to buy them, I have to pay a small fee for the purchase and fully fund the account (no margin). Which, really doesn't bother me that much because they were reasonable and I don't really do much on margin anyways. Now I'm looking for a broker where I can buy them myself though. But normally people buy futures on margin, but obviously some autist calling wanting to buy three contracts doesn't generally get them excited about that.

Anyone in here know anything about water? Was looking at CWT. I was interesting in investing in a water company that’s based out in the Western USA to capitalize on the crazy amount of water that gets consumed in both powers generation and coolant for AI and data centers. The Western USA has only recently had relief from drought, which of course brings the price of water up. I know that Microsoft has data centers in Arizona, and that Arizona is up basin from the Imperial Valley, and thus, cuts to water supply from the Colorado are more likely to hit them.
>https://www.dailymail.co.uk/news/article-13187627/amp/Microsoft-plant-arizona-town-water-supply.html
Articles like this coming out on a year that has had above average moisture in a lot of places says opportunity to me. I just don’t know how much that would raise the bottom line of these companies. Additionally, we are in an El Niño cycle, meaning more moisture on average for a few years. Any thoughts?

>>58086146
I don't mind baking. I've baked a hundred /pmg/ and /cmmg/ threads. I'll bake a hundred more. But I'm in a fucking wheelchair and I'm coughing up blood. So it's not like I'm ducking it and emotionally trapping anyone. Th post I made was to warn everyone we might die and if so it would only be for a short while. Nobody is obligated but I feel like since I'm down I can contribute as much as possible. I missed a lot while I was in jail and in a fucking coma so I'm still reading the archives to see wtf y'all been discussing while I was away.
Brother I am /cmmg/ and don't let anyone forget it

is it happening?

Just got home from wagecuckin it. GDXJ bros we fuckin WON!

>>58089433
We appreciate you brother, our time is near at hand

>>58089433
I wish you as good of a convalescence as is possible.
Have a lump of coal as a gift, which I give as a kind gesture.

>>58089433
I was just messing with the baker brother.

>>58089703

>>58089099
The only viable way to own water is to own companies with water rights and hope they don't get robbed out of those by voters

>>58089433
thanks anon, I appreciate your bakes

>>58089995
I also appreciate the kind rusing.

>>58090666
You're welcome brother, just cool it with the satan posting.

Anyone here like platinum? Recently got somewhat heemed by $MP and I’m bearish on China, so I’m a bit hesitant.

>>58090813
Plat is good. Why be a China bear after a 4 year bear market, which led to very loose monetary policies?

>>58090813
Platinum is pretty but its getting hammered down lately as better cheaper catalysts are over taking it. Same goes for palladium unfortunately, though i expect as EVs are starting to show signs of not over taking the markets, Platinum will bounce back. I just wish there were more western mines generating the material, south africa and china are not great.

>>58090813
Platinum is just the worse palladium. Platinum's whole thesis revolves around the auto industry shifting from palladium to platinum, but that just ain't happening

>>58090843
They were slow to react to the real estate crash and didn’t do any real stimulus. They also kept lockdowns for way way too long. Now they are discussing flooding the market for EVs out of desperation. I also see further decoupling by the US and shifting to alternative markets or domestic ones. Demographic challenges are also really worrying long term, and no one wants to immigrate to China.

>Slow comfy thread
>Good "it's happening" energy
>Continuing education in coal and steel which I was unaware I would learn to love and respect so much
>Green day
>Green week
Thanks for teaching me so many things /cmmg/. I love you guys

>>58090907
>didn’t do any real stimulus
Yeah they did close to $1T in stimulus the last few months to make up for it though. Demographics are bad, but it takes time for that to play out.

>>58090965
Wrong pic. I'm retarded

>>58089621
Me on the right

>>58086857
If your shilling STEP, what do you think of Calfrac or Trican?

>>58091159
So I did my DD in their actual technology and applications, as I am a retard and don't understand all that financial data. Trican is the blue chip, like coca-cola or Santa Claus, these niggas are here to stay. Calfrac has, iirc, a lot of new equipment that's far superior to the fleet they're replacing. And they have some cutting edge technology. They have a lot of heavy salaries up top so that's the main issue for me. I don't like seeing a half billion mcap company paying it's ceo 1.5 million dollars a year. It's unkooth and unwarranted

>>58091275
>>58089001
>>58088915
ygmi frac chad and steel fren, carving out a niche in the market is a good way to make money trading. Sometimes it's a very specific niche, but the important part is you know what you're doing and you understand the ins and outs of your niche

TRIPLE DIGIT SILVER

Northstar Badcharts Patrik Karim says that some sort of silver breakout could occur in the next few sessions


>>58090813
Andy likes Platinum

>>58090813
I like platinum for how it feels in the hang, being denser than gold, but for solid money or insurance against fiat devaluation or collapse, I choose gold and silver, and mostly gold. Silver, at its unreasonably low price, becomes cumbersome very quickly if you want, say, $200k worth.
Gold is the best store of value, I think, unless silver someday appreciates greatly like it should do.
But yeah, I like platinum just kind of as a collector's item. I'm funny like that.
It's a shame platinum never much caught on as a precious monetary metal -- only in Tsarist Russia for a while and maybe a couple other isolated cases.

>>58091532
Thanks anon, I appreciate the support. I agree about carving a niche, I think that's our best bet. There is just so much to learn to get accustomed to a particular field. I've noticed on earnings calls that a lot of the larger investment firms have analysts that seem to just focus on one stock even. It's a hyper specialized world, especially if trying to beat the computers.

>>58090986
Conformcells be seething over illegal thinkchads.

This is a Joy Global, now Komatsu Mining, continuous miner machine. On my crew heading out to Colorado, I have a guy who broke the record by mining over 500 feet in an eight hour shift at the mine where he used to work, which had uneven surface in spots (continuous miner distance per shift records vary by mine geology and shift length). He should be able to help out this mine a lot. We're also going to be doing a huge belt project and some maintenance on their longwall.
Komatsu kept the iconic dark orange color of Joy Global equipment.

https://www.youtube.com/watch?v=HG7H05u5GQc&ab_channel=Kikki%27sWorkshopYouTubeOfficialChannel

Also, I was just talking with a miner friend in Colorado who also used to work on oil pipelines and whose son is a scientist at Iowa State University.
He said that an oil pipeline spilled 4000 gallons of fuel over four years from a crack too small to see -- had to use an x-ray to identify it. The cleanup cost for the surrounding soil was about one million USD. Then the soil was very fertile and sent on to agricultural use.

He also mentioned that a wind turbine in Iowa began leaking oil, leaked a huge amount in a few months, and had to be completely scrapped. Total cost of scrapping it, including removing the dozens of cubic meters of concrete that formed its foundation, was about 4.3 million UDS.
Then there's the issue of disposing of the wind turbine blades, which can need replacement in as little as five years.

So what's the real "green" energy. Hydrocarbon energy is far less polluting by many metrics.

>>58086072
Is that tin

>>58092369
Osisko development is using a continuous miner (Sandvik MT-720) for development work at Cariboo Gold right now. Unfortunately its having a rough time cutting through the bands of quartz stockwork that crosses the sand / silt stone beds their working though. I love these machines, fantastic to work with on competent ground.

>>58092637
Sandviks are great too, but I can see how a continuous miner could struggle in a harder rock environment. Coal is soft, after all -- can crumble in your hand (though anthracite is considerablly harder than bituminous).
Do you know if they're using Kennametal bits on the CM head? Those are the best, in my opinion.
I'd have to think it's possible to make ultra-hard drugs and heads for continuous miners for exactly the purpose you mention: cutting through harder rocks than coal.
And if a continuous miner can work in a gold mine, I'd have to wonder about the potential of longwall systems in there. But maybe the CM is only used in specialized areas and a huge longwall face wouldn't work on hard rock.

>>58092779
*ultra-hard drums and heads lol

>>58092779
Maybe a shortwall with an extra tough shear, specially engineered, could work in a hard rock mine like a gold or copper mine.
I'd have to think it's a matter of material science. That is to say, can shears, drums, and bits be made hard and rugged enough to cut relatively hard rocks? Maybe some super-alloys could do the trick, but I have no idea.
But I do know that continuous mining greatly boosted the efficiency of coal mining. It was a big improvement over the conventional mining method of drilling and blasting. And longwalls (or in some cases, shortwalls) are even better and safer still.

>>58092779
i am not sure what they have on the setup right now but their going through buckets of teeth every week, its got to be costing tens of thousands to operate with the wear and tear. They are having to reweld the cutting head constantly as well from just shear abrasive wear.

>>58093142
Very interesting stuff
But despite the costs, they must consider the progress they're making with the CM to be worth it.
If it's worth the costs in that instance, then perhaps developing harder heads and bits/teeth with specialized alloys could be worth the research and development costs.
Continuous mining was a revolution in coal mining in the mid 20th century, allowing far fewer miners to produce as much coal as before.

>>58093187
ahh i think its a hail marry situation. The company needs to get development work done and some ore dug up on the new bulk sample to show investors the projects worth the needed 840 million extra to complete, so their going to kill their road header to do it. If they cant get the decline and spiral done before late june / july its basically over for them, costs will be to high to continue.

>>58093216
Oh I see. Yes, that makes sense. Desperate times call for desperate measures.

>>58093216
Does Antraquip make the head on the road header?

>>58093216
Also, is the piece of machinery they're using one of these?
Or more like a modified excavator?

https://www.rocktechnology.sandvik/en/products/equipment/mechanical-cutting/

>>58093384
Its a sandvik MT720 with a twin round cutting setup, identical to pic related. Its used a single pine cone cutter as well but they melted it into a blob of slag a while ago when it hit something far harder then expected. They wore off all the teeth and the attachment nubs too on that head, its in the scrap heap.
I am not sure whos the manufacturer of the teeth but i ll ask the guys from JDS Mining next time i see them at the bar.

>>58083334
To the anon asking about selecting miners and producers, NAV vs market value is a good indication of premiums and discounts. Barrick Gold is selling at $15.68USD while its NAV is roughly $20.52USD per share. Dividing the market price by the NAV price indicates that Barrick is currently being sold at a 24% discount. Good ensured headroom for growth in a miner/producer bull market. I suppose this is a fine method for any asset, not just mining stocks.

Juniors have an insurmountable amount of variables to consider for evaluation: equipment break downs, injuries, deals that fall through, management changes; all things that require hours of research and keeping abreast with company updates. I chose a foolhardy method for juniors and noted which companies saw bump in price after the news of gold breaking decade old trendlines within the past month. My selection is based on that and recent positive press releases. If you don't know shit about juniors, which most anons don't because few have the time and dedication, you can adopt a more "shotgun" method and effectively create a portfolio that looks like the SILJ by having a SHITLOAD of random miners at miniscule allocations of your investment. I hold about 15 random miners at about 4% each in my brokerage account.

I also looked at a few royalty companies and which miners they were in streaming agreements with. Sometimes, they separate their list of partnerships between exploration, development, and producers which can help you in weighting yourself heavier in a specific stage of miner development.

Take your pick:
https://www.juniorminingnetwork.com/

Kevin MacLean has a legacy of making investors money by managing precious metal portfolios and is a wealth of knowledge. Very informative video:
https://www.youtube.com/watch?v=qk6Z3WINuSQ

Happy hunting.

>>58086239
You had 5000 years

>>58093875
How many i-80 Gold bros we got in here? Any other members of the Taylor Dart fan club?

Feel depressed about selling my 2kg of gold 2 weeks ago. Motherfucking shit show is my life

Maybe it is finally going to 3000 this year.stupid motherfucking cuck

>>58094382
...you did buy a few ounces after selling those bars like I told you right?

>>58094838
I smell an oof coming from this

>>58094382
Thank you for your service

>>58094382
did you get some Agnico?
>me on the left

This in encouraging, we withstood the London smash and came right back. Comex opening soon

>>58095369
Yeah, spoofing is a short term thing.

>>58094382
>selling shiny rocks ever
i started buying at the beginning of covid and at that time the price was historically pretty high even with the covid "dip", and now I'd love to go back in time and buy more at that price. Since then I've just bought gold and silver at random times without paying much attention to the price, sometimes I bought high, sometimes I bought low. My suggestion moving forward is just to buy a bit at a time over a long time and don't try to trade it. When you're getting older you can start to sell them off or give them to family if you have kids. I'll probably die with my shiny rocks since I have no family. My only trust will probably be to charities so I'll have a trust manager that sells my assets and distributes to various charities.

Copper chads...

>>58095385
NUH UH LET ME TELL YOU ABOUT THE INTERNAITONAL BANKING CARTEL

Benton Completes Phase 2 Drill Program and Mobilizes Down-Hole Geophysical Crew to Delineate Electro-Magnetic Targets for Phase 3 Program at Great Burnt Copper Deposit, Newfoundland

Thunder Bay, Ontario--(Newsfile Corp. - March 21, 2024) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has successfully completed its Phase 2 drill program, encompassing 15 holes for a total of 3,260 m, at its Great Burnt Project in Newfoundland. Results for the initial drill holes are expected shortly and will be released once received and compiled.

Highlights from Phase 2 to date include:

Successfully expanded the Great Burnt deposit 50 m down plunge and along strike to the south.
Successfully demonstrated that the deposit is wide open for expansion.
Defined partial up dip and down dip limits of the main zone.
Majority of drill holes intersected stringer, semi-massive and/or massive sulphide from 0.5 m to 17.75 m.
In addition, the Company has engaged Eastern Geophysics to complete a Crone downhole pulse electro- magnetics survey on 7 drill holes for targeting of massive sulphides near the main zone over a 300-400 m area. This includes surveying the two deepest holes completed by Benton to date to test for further expansion of the massive sulphide zone. Benton's team continues to be excited about the excellent potential of Great Burnt project and the mobilization of the geophysical crew will commence this week.

Upon completion of the survey, the Company will prepare for its Phase 3 exploration program to begin in May-June, which will include drilling, trenching, surface sampling, prospecting, structural mapping, as well as soil and rock geochemistry sampling.

>>58094365
My nigga. TD knows his shit.

>>58096220
Dart is a faggot who told people B2Gold was a strong buy at US$6.20

>>58091813
>PATRICK SAYS
>ANDY SAYS
Why does this general insist on says posting? No one has any idea what's happening next. If they did they wouldn't be selling subscriptions, they'd be investing that money.

>>58095788
Please tell my about the cartel that has been suppressing the price of gold since 1970 when it was $35 per oz. Looks like they did an amazing job suppressing the gold price.

>>58096495
It's been discussed here. Did you know jp Morgan paid an almost one billion dollar fine over exactly that?
Do you know they had three of their guys go to prison over it?
Did you know there's more receipts for gold than gold on the planet?

>>58096552
Yeah I know all that, and yet the physical market holds, even though there's 100 claims to 1 oz of gold or whatever it is, fact of the matter it has more to do with the cost curve and almost nothing to do with paper gold. Even if they're somehow suppressing it with paper certificates you get to buy in cheaper, they're doing you a favor, I don't get why all the fuss?

>>58096646
Because you don't own any physical gold
That's why

>>58096681
I do own physical gold, not much though I prefer oil stocks, but that has nothing to do with the price of gold, the price is set by the cost curve not the "cartel".

>>58096495
BU, BUH, BUT MUH CARTEL THEY PAID FINES

>>58096321
I didn’t say jump off a bridge if they told you to. I’m just sharing their views and finds on various points of interest that we share as a sub. Of course people should do their own DD abc such, but most people are to preoccupied with other things into really do an effective job

Nice pm ((smack down)) as gold breached $2200

>>58097491
looks like an uptrend on my screen, zoom out and buy the fucking dip

>>58088425
It's worth it and honestly that's cheap considering his user base is all wealthy. Gary doesn't even need to provide the service, he's fucking loaded. Dude owns a literal ton of physical silver.

>>58088576
That was me not that other anon but count that as at least two anonymous vetting it. I'm still in benton right now. Don't see a reason to leave. Haven't kept up on Hercules for a couple months but I got out when they blew the duster.

>>58094365
In this one.

I've severely reduce my holdings due to tired of dealing with shitty miners and liquidating assets to start my farm.

Current holding.
Avino silver mines.
Gogold.
Abrasilver
Benton.
I 80 gold.
Encore energy.
Nexgen
Iso energy.

Triple leveraged oil long.
Urnj.
7 oz gold.
1200 oz silver.
10 acres.
Mushroom farm.
Trailer.

>>58094365
I have about 30k coming my way in the form of insurance claims and similar. I might be adding to some miner positions. In the mean time I'm trying to get this mushrooms business on all cylinders because once I can do that it's anywhere from a $3000-16,000 a month business.

>>58096321
I enjoy says posting.

>>58096774
Athabasca oil has quietly done a five x over the last three years. Wish I hadn't sold the posistion lol.

>>58093445
That's a really nice one.
Yeah, some stone is just too hard to shear away, so conventional mining will have to remain the main method, I would think. Drilling and blasting

>>58097680
Tattoo headed nigger.

>>58097698
Also, road headers with Antraquip heads, which are like small versions of continuous miner heads, are used for scaling the face and ribs in limestone mines, but limestone is still quite a bit softer than some of the igneous rocks found in metals mines.

>>58097640
>Benton
Anon, I'm happy to say that you are gonna make it.

>>58098017
It's better than Hercules and nobody knows about it. Take that into the account for the investment. The shit is super under the radar. Adds a much longer time horizon.

>>58096282
I'm sure their debt and revenue has changed since then, but using the current NAV that's at a 138% premium. Currently, B2Gold is being sold at a 1% discount.

>>58096774
Then why did the government fine them 920m burgers? Why didn't the govt just say it's the cost curve instead of sending those men to prison?

>>58098066
Comparing Benton and Hercules is like comparing apples and oranges. Totally different kinds of deposits

>>58097698
i understand why they went with a road header, the host rock is silt sand stone and mudstones, drilling and blasting this causes a lot of weak joints to fail and far to much ground movement, even with bolts and caging on the back. Its the amount of stockwork thats the issue, its metamorphosed everything it contacts making everything far harder then expected.

>>58097723
I sent you an email a week or so ago. Please check your spam box

>>58098407
It's a short term manipulation that the government considers illegal and thus fined them for breaking the "law".

>>58098832
By short term you mean decades instead of eons?

Spoofing isn't the only way the market is manipulated. It's just one example
I guess since the market isn't manipulated then none of these crimes occur except for the one time jp Morgan did it and got caught
Everyone knows these people are saints and would never engage in anything criminal and if they did the govt caught them since obviously nobody on wall street ever gets away with crime because they know the govt will bust them with 100% success rate

There are some stupid motherfuckers it, I can tell you that much

>>58098966
The truth is that all markets are manipulated, gold and silver are not special. The cuck narrative has been that gold and silver prices are essentially controlled by a conspiracy cartel that has reasons to keep the price down but the much more mundane explanation is that it's just your standard manipulation. In a bear market it's easier to manipulate to the downside, and in a bull market it's easier to manipulate to the upside.

>>58099631
>Cuck narrative
So anything proven beyond the shadow of a doubt?

https://marcellusdrilling.com/2024/02/atlas-energy-acquiring-hi-crush-to-create-1-frac-sand-producer/

Fracking sand news I somehow missed

>markets aren't manipulated by a cartel
>They just go to jail doing for short term reasons
>All markets are manipulated

I think I found the lowest iq itt. Nice job b anon. Very impressive

>>58098861
No by short term I mean a few days.

>>58099813
Is that when futures contracts expire for gold?

>>58099829
You don't need to hold the contract till expiration, idk how that's relevant to the conversation.

>>58098626
It makes a lot of sense in that situation.

>>58099679
Prove to me without a shadow of a doubt that the gold and silver markets are controlled by a banking cartel, and while you're at it explain to me why the price is breaking out to new highs. The whole argument is ridiculous. Of course there is manipulation though, that's standard in equity and even bond markets.

>>58099844
>idk how that's relevant to the conversation.
Window of opportunity. You have zero evidence that it isn't longer than a few days and I have tons of evidence that it is. You have not read one sentence from the jp Morgan case. Not a single line of text

>>58099877
Convictions and fines. There's your proof
If it wasn't a small group then why didn't they convict more people than they did?

>>58099928
Again you're conflating control with manipulation. Manipulation is standard, it's always there in both bull and bear markets. But manipulation isn't control, which is why people should always zoom out and focus on the trends and capital flows. The last time silver was controlled was when the market was cornered by one dude, and the last time gold was controlled was during the gold standard.

Do me a favor and search "bond market manipulation" or "stock market manipulation". It's always there, there's always deep pocketed crooks making money from day to day shenanigans

>>58090965
It's the best thread on the board

>>58090965
Am always happy to educated people on coal.
:)

>>58099906
>You have zero evidence that it isn't longer than a few days and I have tons of evidence that it is.
Please present the evidence. My evidence is the cost curve, and by that I mean a T1 gold mine is very profitable at current prices.

>>58093445
Fucking sick. Whats one of those cost, 3-4mil?

>>58100461
i think it was a 5 million dollar setup, they had a plan to add a bolter and drill arm setup as well but it wouldnt fit in their current existing portal.

>>58100315
I'll have to either use the archives (what you should do regularly) or dig it back up. The sheriff seized the laptop that had everything.
But in the jp Morgan spoofing trials that you didn't even read the cover of there's ple ty of evidence presented to illustrate it had been going on for years. Also that the manipulated futures co tracts that were spoofed didn't expire in a few days but a matter of months
This alone should be enough to deduct reasonably that you have absolutely no clue wtf you're talking about
But in an effort to finally put this baby to bed I'll make a guide for complete retards like yourself to understand. We're about to do bandage changes and range of motion. So gimme a day or so to put it together cuz I'm tired of hearing this shit.

I bet you a hundred bucks you move the goalposts on me after I deliver

>>58090965
thanks anon, yes this is the best thread!

>>58100461
Take a look at all these.
https://www.rocktechnology.sandvik/en/products/equipment/mechanical-cutting/

I personally like the MC430 and the MF420 and MF320 look mean as hell.
The MC430 is a great continuous miner with a pretty low profile.

>>58101028
Me on the right

>>58101028
honestly i think one of these setups might have worked better at Cariboo Gold but they need to go big or the over all plan doesnt work. This would make short work of silt stone, then you could bring in jumbos and other gear to create the stopes.

I keep forgetting to make a post about this. The Council of the EU approved a policy to secure sustainable supply of raw materials critical for the "green transition", and the digital, defence and space sectors. The aim is to reduce reliance on other countries, chiefly China, for the key commodities. By 2030, the target is for the trading bloc’s annual consumption of them to be at least 10% locally extracted, 40% processed within the EU and 25% from recycled materials. Also, no single third country will supply more than 65% of Europe’s consumption of any of the materials. Seventeen are considered as strategic.. there is bauxite and aluminium, nickel, lithium, copper, cobalt, manganese, silicon metal, gallium, geranium, boron and borate, natural graphite, and rare earths). The critical minerals include coking coal, vanadium and magnesium.

https://www.consilium.europa.eu/en/infographics/critical-raw-materials/

I'm generally not one to call for huge bull runs or huge moves, but, this protectionist run to sustainable supplies of critical commodities does have the making of an incredible commodity supercycle. I mean the pieces are getting laid.

I sold all my commodity stocks.
40% return (after taxes and inflation) in 3 years.
is this good or bad?

>>58101390
Profit is profit, but I do think you're missing out on a faceripping bullrun if you're out already.

>>58101390
I agree with >>58101590 and tend to be very conservative myself, taking profits. I think it depends on what you're holding. For example I have some stocks that I plan to just hold onto forever because I bought them very cheap and the dividends will keep paying down their principal, namely XOM. I think by the time I'm in my 50s, after dividends, they'll act more like a retirement fund. I think it really comes down to the company. A lot of companies I swing trade in commodities because when the tide comes out they can be nothingburgers or even go broke.

I'm starting to buy Hershey currently. I know people don't think of that as a commodities trade, but, it's a decent buy right now (considering the market) because of the cocoa prices causing short term pain for them.

>>58101390
>sold right before the bullrun
How did you even make 40% in the bear market we've had the past few years?

>>58100653
I'm not denying the manipulation, I'm just saying the effects aren't as profound as people make them. And even if they're manipulating gold for months or years or decades or whatever timeframe you want to use, in effect they're just giving you a better entry price by keeping the price lower for longer so why complain about that?

>>58101255
Well, Wyoming might have one of the biggest rare earths deposits in the world, perhaps even the biggest. And we have plenty of coking coal in North America -- Australia has it too. That huge deposit of coal under the North Sea might also be strategic, if they ever assay it and figure out its quality. I would hope that Europe's closest allies in Oz, North America, and Britain can prove to be strategic partners in this effort to reduce European dependence on China.
It would be lovely if Britain could reclaim its once great mining tradition, too, like by mining that North Sea coal.

>>58101165
The MC430 looks a lot more rugged than a road headers. We used to use road headers for shaving rocks in underground limestone mines. For cutting through many feet of rock, something more than a road header would seem the wiser choice.

>>58101788
To be fair energy has done well so he probably owned uranium and o&g stocks

This picture sums up the beauty of mining. Where else can you find machines this cool?

What a day for silver, a bit of spoofing action going on maybe?

>>58101998
If you'd paint that bright red it would look like something from hell. An underground digger looking like something from hell, kek kinda funny.

>>58102056
It's just nature's way. To dig down to the underworld, you need something that looks suited to the underworld.

>>58101924
I dont have much experience with this sort of gear, but can these be directed to cut "down slope"? The Road header was chosen because it can slowly, gradually create a gentle spiral downwards, i am not sure one of these can do that task.

>>58102131
Kek. Logical.

>>58098691
Ok. Will do.

>>58102161
I lack experience with this gear also. The closest things I've used to it are continuous miners and road headers made from modified excavators.
Could email Sandvik and see what these machines can do. I might actually do that, just out of curiosity, unless you'd like to do it. You could describe the specific conditions of the mine.

>>58099631
willful ignorance.

>>58102231
one machine i have run thats similar was a twin armed jumbo rig that instead of having drills, it was equipped with two "pine apple" cutting heads. We used it to do scaling in unsupported back around stope openings where the crown had failed, but its main job was to cut drainage ditches along the main haulage level and on the portal.

my shitcoins doing well.... gambling is the future

>>58097640

there are other ppl in abra? i bought so long ago i don't even remember if it was recommended here or not

>>58102037
always

So how's the sentiment around diamonds pretty shit I take it?

>>58102301
I messaged Sandvik about whether the MF320 can cut down slope.

I would think this one, the MF420, should have some leeway to direct the whole head apparatus, since Sandvik also describes it as a "continuous miner" as well as a borer miner.

https://www.rocktechnology.sandvik/en/products/equipment/mechanical-cutting/mf420-borer-miner/

>>58102362
Yeah I don't talk about it much but I'm long AbraSilver too. I think it's cheap fundamentally and technically that base the chart has built is enormous. I do think the project is somewhat constrained by water availability but they should be able to maybe produce like 9Moz AgEq/year or so. Stay tuned for the PFS.
>>58102516
Nobody besides Pan Man even knows shit about diamonds here probably. All I know is that kimberlite = diamonds and that the deposit model tends to have a kimberlite feeder structure. I think those deposits are very case by case things as the diamonds are of different quality or something. The whole diamond market is a bit silly to me since it's just a big ol' scam that everybody has bought into thanks to De Beers' marketing, but I wish I understood more about the pricing of the product and what all makes a profitable diamond mine. I like investing in great projects across all commodities so of course I'd like to invest in a great diamond project all the same.

Maybe Pan Man could tell us a bit more about kimberlite/diamond deposits and mines?

>>58102689
>just a big ol' scam
I mean I wouldn't call it that, diamonds can be pretty like other "precious" stones, so they go well in jewelry, although I'm not sure if that's their main market or money laundering and other so called "illegal" activities.

>>58102516
I have a friend who works in the jewelry and watch business and, yeah, the synthetic diamonds have really taken the wind out of natural diamonds sales. At least on the retail end.

>>58102723
on second thought my wording was a bit rash I agree. Scam is too strong a word. Moreso it's just that people's perception is that diamonds are much more precious than other gemstones thanks to the marketing, when they aren't particularly interesting in comparison to some others. But I realize I might just be biased lol
>although I'm not sure if that's their main market or money laundering and other so called "illegal" activities.
I haven't thought about that side of the market, good point

>>58102737
Good insight thank you anon

>>58102737
>the synthetic diamonds have really taken the wind out of natural diamonds sales
Damn sad to hear... Is it possible to make synthetic diamonds that go into the hundreds or thousands of carats?
>>58102776
In the end It's a market there's supply and there's demand and that's what makes the price.

>>58102903
You're right. I'm probably just salty that it's fucking diamonds that have such a lustrous image and not for example tourmalines or opals. But I am interested in investing in a good diamond project too especially if the market hates it

>>58102944
>But I am interested in investing in a good diamond project too especially if the market hates it
That's the spirit. Diamond prices have been declining for quite a while now. Like most markets nowadays they follow liquidity. There aren't many diamond companies that are public though.

>>58102689
You're right, PAN MAN may be the only one here who knows much about diamond mining. The only thing I really know about it is that diamond mines aren't nearly as deep as I would have expected.
The world's deepest mines are overwhelmingly gold mines.

https://en.wikipedia.org/wiki/List_of_deepest_mines

>>58103008
>You're right, PAN MAN may be the only one here who knows much about diamond mining.
How do we summon PAN MAN for some education on diamond mining and the diamond market?

>>58103056
He'll be around on his own time.
There is no summoning of the PAN MAN, unless you leave a trail of gold flakes for him to follow.
Otherwise, the PAN MAN does things on his time, and we mere mortals just wait.

>>58103106
Kek.

>>58103056
You say his name three times.

PAN MAN
PAN MAN
PAN MAN

>>58103281
I think he's really just a rock with a phone

>>58100244
https://m.youtube.com/watch?v=O79niS9K5uw&pp=ygUSb2xkIGNodW5rIG9mIGNvYWwg
>>58102516

>>58103008
I am around!
too much snow yet to be out and about properly.

i havent prospected for diamonds much but there are a lot of misconceptions around them. Diamonds are formed deep in the earths mantle layer, and are brought to the earths surface during very massive structural events, that bring deep mantle material up. These are usually mantle plumes, but they can also be created with massive events like meteor impacts. Imagine the tiny crystals of carbon being brought up like an elevator, and that elevator ends up freezing into a tube. The primary igneous rock associated with diamond deposition is Kimberlite but there have been a few extremely rare formations where carbonate volcanics were also involved. Kimberlite is often far softer than the rock it intrudes against, so it preferentially weathers, often creating round lakes or dome shaped structures against the local land scape. One thing i ve yet to have explained to me though is where in the kimberlite structure do the diamonds appear. Do they show up on the edge of the structure? Do they appear throughout the whole of the structure?

Anyway, most often diamonds are found as a gravel placer after the kimberlite they were brought up with weathers away, often in river sediments or desert environments. Their tough nature means they sometimes appear weathered out on surfaces where wind and water eats away lesser materials.

>>58103471
It worked >>58103281. Thanks for the info PAN MAN.

you guys should add links to open geophysical datasets to the op
https://wiki.seg.org/wiki/Open_data
https://data.world/datasets/geophysics

>>58103008
>>58102689
As for the diamond mining process its actually pretty simple. Not every kimberlite structure will host diamonds, but you often find these structures in "swarms" or clusters where lots of serious volcanics or mantle plumes have occurred in the past. A great example of this is the northwest territories of Canada, which is almost entirely one single structural formation, billions of years old, with hundreds of later intrusive that have breached through and altered the existing stock. You can often locate kimberlite pipes from round lakes on the surface landscape, but for those buried under overburden, Induced polarization and other similar technology is handy. Stream sediment sampling and simple sediment panning can often help hone in on buried structures as well. After discovery, diamond drilling is the most often method used to delineate the shape of the pipe, and to figure out if the pipe its self is diamond bearing. The original discoveries in the Northwest Territories had diamonds actually present in the core, which is extremely rare.

Actual mining usually starts off with open pit operations, spiraling down into the core of the pipe, often like a sea shell shape. After the pit reaches the point it can no longer expand, underground operations continue down until the pipe cuts off. Processing is simple, ore is extracted, lightly crushed and sorted, than sent through ore sorters to scan for density differential. The denser material likely contains diamond, and is crushed again, scanned again and resorted in jigs to recover the stones. The stones are then graded and sorted by size, color and clarity. 98% of diamonds mined are only usable in machinery for cutting and abrasives. The tiny percentage of quality stones end up as jewelry or collector pieces.
Do not get me started on the actual gem trade its self, thats a whole layer of slime and sleaze that i truly hate.

April HRC steel futures ended at back at 889 now! That's up from a low of 774. I still think we are in a bottoming phase and will have to watch what happens with China, but the local mills seem to be starting to be passing on price hikes and the futures markets are pricing that in. Also some capacity came offline for maintenance, not a ton of capacity, but enough where when people are getting lower inventories and demand for steel based products is still strong. Analysts thought bottom would be in May, but, I think sooner!

>>58102903
>Damn sad to hear... Is it possible to make synthetic diamonds that go into the hundreds or thousands of carats?
They are pretty impressive now, I think they can make just about any size within reason. I don't know the details but the only way even jewelers can tell them apart is by looking at the lattice structure under a microscope at a very high power. My friend mostly deals with gray market watches but he went to diamond school and basically only gets them if he has a customer asking him for them at this point.

The other problem that has arose with the diamonds is fear of wearing them. There are some places in the world it is safe, and for sure controlled places (country clubs, very nice neighborhoods, etc), but, a lot of husbands don't even want their wives with some giant stone because they don't want to see them get wacked over the head over it. On the really expensive necklaces insurance companies also have coverage limitations, so some people with those 250,000+ valued items have to put their insurance company on notice to wear them and otherwise keep them in a safe. These days some of the richest people mostly self-insure, but, it's still one more hurdle.

I honestly think the watches are going to be next. Some of these very high dollar watches are getting targeted by bus boys and waiters in restaurants where they'll tip off a buddy outside who will mug you when you leave.

>>58103587
>98% of diamonds mined are only usable in machinery for cutting and abrasives.
I remember that being their largest use but wasn't aware it's almost all the demand. How is diamond mining still a thing with synthetic diamonds? Not many mines that can produce +1000 carat stones out there.

>>58103591
>I honestly think the watches are going to be next. Some of these very high dollar watches are getting targeted by bus boys and waiters in restaurants where they'll tip off a buddy outside who will mug you when you leave
Can't believe people do this shit...

>>58103680
synthetic stones are actually far better for "gem" quality manufacturing. You can make a stone as large as you want, with specific qualities. It can be used for industrial applications but it would be a waste of energy. Demand for special stones used to only be covered by what we could mine, making them stupidly expensive and rare. Now, we can grow what ever diamond you want, though many still regard manufactured stones as inferior product.

>>58103399
Very nice, anon!

>>58103587
That's a very clear and succinct explanation of diamond deposits and mining. Thank you

>>58103471
>>58103587
Thank you for explaining! Do you know what affects the pricing? I would expect the rare jewelry diamonds fetch great prices but what about the industrial diamonds? Hard and big = good?

>>58103896
i would love to actually go and work on a diamond exploration project, there are all sorts of other interesting minerals that come up with diamond associated structures. Garnets for example, or pieces of the super deep crust. The closest i ve come to looking for diamonds is pegmatites with aquamarine beryl or sapphires, those show up once in a while in the far north of BC and the Yukon.

>>58104196
Garnets are also used in industry, for the most part as abrasives in waterjet cutting

>>58104179
i am not particularly clued in on the price angle as much as i should be, but a lot of it is individual seller / supplier haggling within the market its self. You can buy a parcel of 1000 carats of low grade diamond for a few hundred bucks on Ebay or similar sites if you know where to look, but those stones are not worth working with. Individual stones are marketed by their specific qualities, color, size and especially how much the current holder paid for it. The mark up on individual stones can get absolutely ludicrous! I never wanted anything to do with the diamond trade as its too sleazy, plus you have to be part of the tribe to properly get insider access to that market anyway.

I have friends from Sri Lanka currently based out of Vancouver / Seattle area who are well known gem sellers, they work rarely with diamonds though as its too much of a closed system.

>>58104240
You need the De Beers Club Membership

>>58103577
thats an excellent idea! Thanks for the links!

>Nigeria's state-owned NNPC announced that by the end of 2024, the investment for the colossal Nigeria-Morocco gas pipeline will be finalised.
>Africa's gas ambitions and the strategic role of the region grow. The EU and other actors watch, but strategies are confused.
https://x.com/Frank_Stones/status/1770792099467657582?s=20

>>58104474

is the pipeline actually built offcoast?

>>58104487
Yeah it'll link into the existing offshore Nigeria-Ghana pipeline. This should prove to be a windfall for Ivory Coast gold miners as I would expect lower energh prices thanks to better access to energy

>>58101788
this >>58101980
and I still have physical PMs.

>>58104731
What's your next move fren?

>>58104821
still don't know..

>>58099631
>>58099877
Every market has some level of manipulation, it's especially egregious in forex markets. Because big international banks set the exrate between themselves, they can bring price wherever and whenever they want, barring some kind of government intervention. Normally they shake out and limit hunt daytraders as a reliable revenue stream. Most forex traders lose money and very few are breakeven long term.
In particular, EUR/USD is the most traded pair and has the most manipulation; following this, other USD pairs. Gold/USD is also manipulated, but gold drives the bus, and if fundamentals change, the natural movement of gold will outpace any manipulation.
https://www.youtube.com/watch?v=Lvq0t0eQOG4

>>58104444
Checked, and yea this is a great idea since ArcGIS requires credentials or at the very least a subscription to access the full suite

>>58104474
Spain and Portugal are already linked to Algeria for LNG, France has nuclear and can hook up to Spain via the Pyrenees of Macron reverses his veto, and Germany is importing cheap Nat gas from Freeport. Can’t see the EU being a huge importer unless there’s a drastic change in the current demand picture. Eurozone is in a recession so it’s not like industry is booming and outstripping energy supply for now.

>>58104474
I really need to start wrapping my head around Africa. At my old job I sold some stuff to the president of Equitorial New Guinea, "Teddy", well, not him directly but one of his handlers. It didn't strike me as a stable country I'd want to invest in. I feel like a lot of these mines and things would get soaked up by whatever ruler had that country at that particular time, to buy G650s and boats and whatever else, instead of actually get invested into their country.

>>58104474
>>58104996
Here is Teddy's Instagram, for a little taste:
https://www.instagram.com/teddynguem

>>58105008
whoops: https://www.instagram.com/teddynguema

(missed the a)

>>58104196
I wish you all the best in your mining ambitions and hope you get to work in a diamond pit or its underground workings someday.

I just learned that Colorado has a lot of coking coal sitting under the ground unused. 17,000 acres of land, owned by one man who has the mineral rights, has coking coal beneath it, and that's just one claim.
So Colorado might come online as a major met coal producer in the not too distant future.

>>58105373
that depends entirely on if the guy with the rights knows how to market his property. Simply holding the rights and not putting out the info that your interested in doing a deal wont get you anywhere in prospecting.

>>58104933
Checked. Buy back in for some junior miners and gas/oil explorers. It's not too late and everything is still on massive discount. My entire portfolio is comprised of penny stock miners and drillers.

>>58105467
Oh I know. I was talking with a representative of Peabody about this guy's claim. There is interest in developing a mine, but Colorado environmental movement has gotten in the way in the past.

https://finance.yahoo.com/news/energy-agency-announces-475m-funding-181747476.html

Coal news

>>58105467
Also, the mine I will be doing specialty work at has a mudstone problem at the roof of the mine. It'll be ongoing maintenance issues for as long as this mine lasts: gluing, bolting, putting up mesh panels. They're now mining a deeper seam than originally intended and so are mining beneath their original, decades old workings, which is back assward from how it should be done.
This project should be a cool adventure.

>>58105711
be careful with anything like a loose back, i ve seen some "fun" situations with huge bits of the back held in place by gods will alone.

>>58105701
I bet those "clean energy" jobs don't pay anywhere near what coal pays, or have comparable benefits.

>>58105737
Did the ceiling collapse?

>>58105737
I have no doubt it'll be hairy at times. But I'm doing what I love, and I like to see all sorts of conditions in mines.
If I'm buried alive and become a lump of coal of pocket of gas in 50 million years, so be it.

>>58105753
Yep, you can see the food bolts on the floor. They didn't hold up that roof.
Similar issue in the mine I'm going to. They'll be doing constant rounds of gluing, bolting, and setting mesh panels to control rockfalls.

>>58105775
*roof bolts
>I'm hungry

>>58105775
Coal mining is just intrinsically very hazardous. Luckily this mine has virtually no methane and a great safety record.
Still, coal miners often say a prayer before going under.

>>58105766
i am trying to find a good shot of a rock burst for you all, but heres a rib failure while i am posting sketchy UG stuff. At the last place i worked, a 10 yard long section of the main haulage level let go in the months before i started, it caused several new guys to quit right away, it happened right in front of a haul truck and a man carrier. Cant find a shot of that, but it was some wild ground, that no matter what we did stabilization was constantly in question, and scaling was on the job 24/7.

https://www.researchgate.net/figure/Photographs-showing-a-rockburst-damage-that-was-retained-by-the-ground-support-system_fig1_366934794

Here we go, a good shot of a rock burst, in this case the support system (mesh and bolts) allowed the ground failure to be slow and visible, enough for guys to ID the situation and move out of the heading.

>>58105848
I've seen stuff like that before. It's best not to stand near the corners of the pillar in a coal mine, though the edges of a pillar can fail anywhere.
I haven't seen an explosive outburst of coal, however.

>>58105894
That's quite ugly. The pressure needed to cause rock to explode our like that must be enormous.
>in this case the support system (mesh and bolts) allowed the ground failure to be slow and visible, enough for guys to ID the situation and move out of the heading.
I hope that if anything similar happens at this mine in Colorado, we get similar warnings that the top is working.

>>58105904
*explode out

Also, when miners say the top of back is "working," it means you hear it crackling, heaving etc., and maybe see little bits break off.

>>58105895
yea it happens anywhere theres a "pinch" in a development. Engineers are usually supposed to be viewing areas like that once every week, especially if men have reported movement. We would spend an afternoon with a box of orange spray paint cans, lighting up all the new cracks we saw in the main haulage level. At one point we realized there was a 6 inch wide crack / fault running all the way along the back, 40ft above us, going for probably 400ft or more. Engineering was not at all thrilled and had to figure out how to shotcrete and swellex bolt all that again.

>>58105916
its normal to hear mines "breath", the sounds of movement are everywhere in an active operating mine. Its when your hearing lots of popping, growning and creaking that you probably should call engineering down to monitor. Up here mines have a team that use a laser mesh scanner to map the heading, repeating sometimes twice a shift. Each scan will show where the movement is and where to begin new stabilization work, of if its even safe to continue in that heading.

>>58105933
Oh yes, all coal mines I've been to "breathe" or "work" regularly. At one mine, I used to get hit by rocks falling out of the roof dozens of times per shift -- just little chunks a an inch or two big around. They'd bounce off my hard hat and shoulders and, when I was stooped over "duck walking," off my upper back.
Loud, deep groans can be a sign of something much worse than normal top working and need to be reported so the engineers can see how their ground control plan is working out and if it needs adjustment.
I would imagine that 400 foot long crack was gave the engineers a tremendous headache.

>>58106032
in the end the only thing that was done were bolting and new mesh, it was a serious missed fault thats still there today. That development is done though so its ok if it all caves in now.

>>58106067
Yeah, I'm thinking what could they even do to a fault of that size to fix it. It seems like the best strategy might just be to maintain it as well as possible, get the ore out as soon as possible, and be done with that part of the mine.

Mining is dangerous, but I'd still rather be an underground miner, particularly in coal, than anything else. If I perish doing the job, so be it.
In fact, at that mine where little rocks would fall through the hog panel on the roof and hit me dozens of times per shift, a miner died a couple years ago. But it wasn't due to a roof fall or anything like that. He was pinned by his own continuous miner, which he was operating remotely.
Most underground deaths and serious injuries today, even in coal mines with their dangerous top, are due to equipment accidents and not due to roof or rib falls. It's usually operator failure of some kind. That's the biggest safety problem, it seems to me, based on the numbers, in underground mines in advanced countries.

>>58106402
yea i think most if not all the serious incidents i can think of in recent years underground were all machine related or man related through careless activities.

>>58106512
Absolutely
It's amazing how roof conditions, even very sketchy ones, have been so well controlled in recent years.
Of course, something big could go wrong at any moment and that great safety record in ground control could be tarnished in a day.

>>58104966
Great point anon and exactly what I was trying to say. Crooks be crooks no matter the market or the market environment!

Great day for Sovereign Metals and Wia Gold in the ozzie market. Viridis still down but Meteoric holding up well.

>>58091797
I swear if we get $100 silver I'll cry.

30 European countries pledged yesterday to increase their investments into nuclear energy and expand capacities, and France formalized a stop on building new wind farms. All without Germany.

>>58108758
stunning and brave action from the Germans

>>58108758
>30 European countries pledged yesterday to increase their investments into nuclear energy and expand capacities
holy based

>>58109337
Nuclear was also a key theme in the last COP conference which was a step in the other direction from the usual renewables drivel

>>58094382
>>58094942
For real. We were all wondering who had to sell before we could finally make it. It seems like we finally found out who.

quick gauson post

It's over r*ddit. We lost... The cartel won.

>>58111786
it's over, I should have never invested in commodities they are all literally controlled by the Rothschilds and Rockefellers... SELL SELL SELL REDDIT SELL

>>58111855
>There's no evidence of manipulation
>Of course it's manipulated
>If you think it's manipulated then you're redd*t

We have reached retard singularity
This is the apex

>>58111936
>There's no evidence of manipulation
who are you quoting?
>Of course it's manipulated
yes. Manipulation isn't control though.
>If you think it's manipulated then you're redd*t
who are you quoting?

>>58111968
Nigger,
You are an idiot

Signed,
Everyone

>>58112054
>spews bullshit
>gets called out
>has no argument
>pisses and shits himself
niggerfaggot why are you like this? There's manipulation in literally all financial markets, games being played every single day by funds and algos and what have you. It doesn't stop price discovery and capital flows.

>>58112105
Ah so there's the goalposts moving that I said would happen
Yeah, you're incompetent and you cannot be taught anything because you know it all
Kill yourself immediately or sooner

>>58112163
what fucking goalposts? I have been consistently pointing out that there is manipulation in the markets. Big fucking deal.

>>58112243
>But manipulation isn't control
Goalpost status:. Moved

>>58112320
>disagreement = moving goalposts
I stand by that statement, as I have since the beginning.

>>58112338
>Manipulated doesn't mean controlled
Never change Bob

>>58111855
>it's over, I should have never invested in commodities
Many such cases... Me too brother me too.

What the fuck is going on with cocoa beans?

>>58112495
Irrational exuberance.

>>58112495
Sugar high

>>58112495
There was a weather pattern that wiped out a bunch of the cocoa, just a really bad season. I'm actually buying HSY lately.

>>58112437
I guess the equity, bond, derivatives and commodity markets are all just controlled by a cartel because there's manipulation in all of those markets every day. We should all just accept that it's all a big ruse designed by le hecking banksters to make us lose money. Is that what you're telling me? Or are gold and silver just so damn special that there's an extra special cartel controlling just the precious metals market and all the other manipulation in the other markets is totally normal but not the one in the precious metals markets?

I know I won't get a coherent argument from you but I'd like to hear how you rationalize market trends if everything is controlled like you seem to imply. Do you think capital flows might have something to do with market moves? ...No surely not, that would imply there is no control.

>>58112495
must be the cartel at it again! Those greasy banksters are making chocolate expensive so all of us poors can't afford it anymore!

>>58112708
So its not control unless its total, godlike control, right? So one could manipulate metal into a sword but that's not control because he can't turn it into a pine tree
Goalposts moving constantly....

which one of you chuds did this?

>>58086072
wlmao

>>58108887
Truly. Their average work day energy demand has gone down from 80TW to 70TW, and their theoretically 85TW renewable energy sources with wind and solar has gone to an average of 40TW a day on a good day with good wind and half a day of sun. Germany went from a net exporter of energy to a net importer in not even 10 years, and next month another few coal power plants with nearly 1TW capacity are going to be removed from the net.

Funny thing, germany is going to pay for it with no profits. jew really hate Germans for really no reason but lies from red socialists and opportunism

Is this a /cmmg/ approved portfolio? I have physical gold bars too.

>>58113302
this is

>>58113302
>No Canadian moose pastures.
Not approved.

>>58113302
>No bayhorse
Fail

>>58113302
It's fine. They're solid companies.
Most people here prefer to gamble on small caps and end up with -80% positions (and some +300%)

>>58112888
What the fuck do you think control means?

>>58113302
I don't know what BIL is but the ones above it are great picks. Many here me included like smaller and riskier bets but I can't fault you for picking the best.

>>58113859
Whatever you want it to mean. That's the beauty of moving the goalposts. You can go from possible to impossible with them so your argument that has long since been lost can seem tenable still. Welcome to 4chan newfaggot. Your childish bullshit won't fly here.
We all see you

>>58114260
>admits he changes the definition of control to suit his whims in order to sustain the cuck narrative
lol, lmao
Your defeatism is persistent but you will not demoralize anybody here despite your best efforts.

https://wcsecure.weblink.com.au/clients/meteoric/v2/headline.aspx?headlineid=61199348
>Senior Debt Process Initiated for
Caldeira REE Project
>The Export/Import Bank of the United States initiates a non-binding Letter of
Interest for the Caldeira Project in Minas Gerais, Brazil

>>58114339
It's your definition newfaggot. That's why it's your goalposts to move. Everyone here knows how that game is played but by playing it you've already lost because your situation is untenable without your personal definition of control as long as that's different than manipulation even if they're the same for a brief moment you'll move the goalposts to fit your new definition since you've been curbstomped
Unfortunately for you, most users here will sniff it right out and write your stupid ass off immediately for it

So enjoy those goalposts newfaggot. Moving them means you've already been defeated so don't stop moving them now

This is so fucking crazy lmao.

https://archive.is/wv1Y3

>of course it's manipulated
>Of course it's by the banks
>Of course it's by a small group inside those banks
>But that's not a cartel

Peek retard goalpost mover is peek retard

>>58114386
retard, yout whole argument is that muh cartel controls the market because there is manipulation. Manipulation is not control.
>Everyone here knows how that game is played but by playing it you've already lost because your situation is untenable without your personal definition of control as long as that's different than manipulation even if they're the same for a brief moment
They are not the same for even a brief moment, that's all you. Control is when the price is SET. Manipulation is when price swings are created by sudden selling or buying, for example to affect sentiment or causing stop losses to trigger. The last time there was control in gold market was during the gold standard (price set by the government), and the last time in silver was when some cunt cornered the market by gaining control of all the supply.
>goalposts
you keep bringing this up as if I have for a single time changed my stance on this. Clerver way to avoid answering any of my questions at >>58112708

>>58114617
>Manipulation is not control
According to you. That's how you move the goalposts.

Define both manipulation and control for us, you fucking stupid fucking newfaggot and you'll be exposed

>>58114617
The government SET the price of the dollar, not gold. This nigger is stupid lol

Fuck you are one dumb bitch

Wow. May HRC steel futures up to 961 today. I'd love to see this break 1,000 soon.

>>58086072
what is the pretty green rolls of metal behind apu

>>58114894
Steel (with weird lighting)

What a weekly candle

>>58114731
>According to you. That's how you move the goalposts.
No, that's called an opinion. We are not in dispute over whether there is manipulation, we disagree on the extent and effects of the manipulation. So instead of playing this stupid game of definition, let's cut off the BS and focus on the issue itself: how much do you think the manipulation (or control, if you so prefer what the fuck ever) actually affects the price? I think the effect of manipulation is minimal, these faggots can only swing trade on the daily by manipulating large pools of capital and hitting stop losses and shit. What do you think?
>>58114772
cue that image of the two guys pointing at the number on the ground on the opposite sides and one saying it's 9 while the other's saying it's 6. The price of gold in US dollars was set at $35/oz. That's price control.

>>58114894
>>58114915
imagine one of these things rolling off of a truck while you're driving.

https://www.youtube.com/shorts/Hqy6Ppvrwc0

I-80 anons, have you made it yet?

>>58115232
What the fuck happened today, I took a nap and this shit is down 7%... FUCK!

Could someone maybe edit in "coal" for the black arm and "steel" for the right one? I just think it would be cool. Could probably do it myself, but I am rusty as hell with photoshop.

>>58115272
The nearly 10M shares sold short should tell you what's happening. Everyone except retailers know that it will take its market cap to get the autoclave running and that its waterlogged mines will take even more to see production.

>>58114975
Oh so the govt can magically SET the price and there will be no capital flows to change it? There is no control as you describe it because that is an illusion you stupid bitch. Manipulation is control but you want to use the term control to be impossible UNLESS the govt does it because the govt can do the impossible!!!!! Lol
LMAO

You are one stupid nigger

It's never happening is it? I'm just going to baghold juniors that'll go -90%...

>>58115542
>further doubles down on nonsense while avoiding the questions
I can see you really dislike good faith arguments

>>58115232
this guy looks sussy

>>58115678
Oh so the govt is magic and can do the impossible? Nobody else can set the price because that's not possible, but the govt can because they're magic!!!!

Magic government price controls!!!!
I've heard it all now

>>58115805
Ought I bake a coal thread?

>>58086608
>>>/sci/

Fresh baked coal!

>>58116476

>>58116476

>>58116476

Alaska special!

>>58115709
Yes, a prairie nigger posing as a Mexican is always sussy. Check out his scam company AALI. He and his buddy @RocketRed ran a pump and dump on it before it was halted. ABL is I-80s biggest shill. Stay away from any company this scammer promotes as he gets hired to reel in retards for institutions to dump paper on.