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File: 180 KB, 768x1024, Diamond Drill at the Scottie Gold Project, Scottie Resources Blue Berry Zone 2022.jpg [View same] [iqdb] [saucenao] [google]
50363253 No.50363253 [Reply] [Original]

Exploration Edition

>Why are we investing in commodities?
https://youtu.be/E4yPZel6iNw
>The Rotation of Money
https://youtu.be/n96yXD0Z5Rw
>Supply Deficit
https://youtu.be/bJGiIp7uGGQ
>Peak Supply
https://youtu.be/GkLKBqI1hfI
>Electric Vehicles Battery Minerals and Supply
https://youtu.be/dIc3_hT39Tc
>The Fed is Trapped
https://youtu.be/6359DuAgg-A
>What do huge returns look and feel like?
https://youtu.be/a2ZHDb3rD1w
>Rick Rule: When Gold & Silver Price Goes Up, They Make You Lots Of Money Quickly
https://youtu.be/skBWhlOxO-I

Commodities include
>Precious metals
Platinum, Gold, Silver
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Nickel, Zinc
>Others
Water, Agricultural
Salt: https://mailchi.mp/405fc5704571/the-power-of-salt

Mining for Noobs
https://pastebin.com/5uWth6eG
More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
/CMMG/ approved gold and silver stocks
https://pastebin.com/yv5gVyei
Mining company rundown
https://pastebin.com/n9dRBgL4
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL
Best brokers?
Fidelity is the best and Interactive Brokers for Europoors

>Youtube channels to follow
Palisade Gold Radio, Mining Stocks Education, Sprott Money, Goldsilver pros (Rob Kientz), Finding Value Finance, Gregory Mannarino, Peter Schiff, Macro Voices, Crux Investor

>What is Austrian economics?
https://mises.org/what-austrian-economics
>Austrian economics books
What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises)
Previous thread: >>50281635

>> No.50363286
File: 262 KB, 1600x900, Ascot Resources Drill hole P22-2393 with visible gold from 316m down hole 2022.jpg [View same] [iqdb] [saucenao] [google]
50363286

evening all!
Have some news from the exploration sector to start the thread off!

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/790-tsx-venture/rpx/124826-red-pine-intersects-68-71g-t-gold-over-4-72m-including-231-5-g-t-gold-over-1-06m-in-extension-of-the-minto-mine-south-deposit-visible-gold-intersected-south-of-the-parkhill-fault.html

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/667-tsx/aot/124815-ascot-intercepts-bonanza-grade-gold-of-193-g-t-over-1-0-metre-at-the-sebakwe-zone.html

>> No.50363349
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50363349

Anyone hear what's up with sbsw? I don't see any news and it took a big shit today. Fucking Africa

>> No.50363451

>>50363349
nothing in the news on them unless i am blind. There was that recent major shooting spree in SA that got world headlines though.

>> No.50363494

pan man teach me please. Let me come be an apprentice of yours.

>> No.50363523

>>50363494
what do you want to know friend? I can give detailed info on here on any number of subjects, but a lot of what I do was learned in the field, and its best you learn it that way too.

>> No.50363630

>>50363523
I have been wanting to buy some land out west to start learning on. Any tips on how to look for the right property?

>> No.50363730
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50363730

>>50363630
for one, stay away from online "mining claim" sellers. Their either scams or possible scams, very few of them out there are selling any mineral / placer rights worth anything. If someone is selling a claim and they dont let you test it or have someone you trust test it for you, abandon ship.

If your looking for land that might have interesting mineralization and your after the mineral rights, you can use sites like www.thediggins.com to look up specific areas for known USGS IDed locations and active / past posted claims or similar land titles. The US BLM also has plenty of info and portals to this info, but its often pay walled or only accessible through appointment.

Your best bet to find gold or similar resources is to look where others already have in the past. Look up regional mining records, claim maps in achieves. This will get you on a good start to knowing if anything interesting is on land your interested in.

>> No.50364289

>>50363730
Thank you for taking the time to reply, I appreciate your posts on this board.

>> No.50364364

Are we buying Rio yet

>> No.50364472

>>50364364
I bought 100 shares yesterday, but I won't be surprised if it goes down more this year.

Actually I won't be surprised if all of my investments lose 90% over the next 5 years and my wife divorce's me because we're 40 years old and still can't afford a house.

>> No.50364518

>>50364472
It looks very attractive now but I'm afraid this is just the beginning

>> No.50364923

>>50364518
Yeah despite all the hours I have put in over the last several years I really can't say I understand the state of the world economy and finances. Clown world and clown markets have taken things beyond rational analysis.

On a fundamental level, Rio seems like a great deal to me. On the other hand, broader markets are still overvalued and Rio could easily continue to be dragged down with the rest.

I will probably just drop another $5k into it for every 10% it drops and try not to worry about the day to day.

>> No.50365351

>>50364923
I understand the markets its just all this clown faggot shit that keeps getting in the way.

>> No.50365833
File: 32 KB, 512x333, Thích_Quảng_Đức_self-immolation.jpg [View same] [iqdb] [saucenao] [google]
50365833

well my poorfolio is properly fucked. i guess at this point i just baghold

>> No.50366121
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50366121

>>50363253
Oh, noes, EMO broes!
The koolaid man took you for a ride.

>> No.50366152

>>50366121
>ThE mAtH iS tHe MaTh

>> No.50366184

>>50366121
Wow I believed in it but never bought. Holy shit

>> No.50366232
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50366232

With the recent inflation numbers, it seems the fed is going to prolong it's pivot for even longer now.

Should I get out of miners now and buy back in later?

>> No.50366918

Pretty wild how far some miners/explorers have already fallen over the last five or so months, and with metals still looking weak they can go further. How is it that nobody in this general had the foresight to call the top but everyone is confident in calling the next bull run?

>> No.50367172

This should be renamed bagholder general

>> No.50367262

DXY has absolutely 0 chill. Dollar milkshake calls for DXY of 140+. Imagine the level of wealth destruction that will occur. It’s exactly what the uber wealthy/elite want. I’m all cash, no debt and lots of PM’s but won’t TOUCH a PM miner until we see a full blown capitulation bottom in precious metals. Right now it’s time for hoarding as much cash and savings as possible. They WANT to destroy your wealth. Play accordingly.

>> No.50367758
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50367758

>>50366121
>>50366184
>>50366152
OHNONONO

I have to update my meme... HAHAHA

>> No.50367808
File: 75 KB, 1200x657, EVPdy4HUYAIrMTS.jpg [View same] [iqdb] [saucenao] [google]
50367808

>>50366918
>How is it that nobody in this general had the foresight to call the top
>wow how can't anyone tell us the future
If you had half a brain or did some DD, you would know from 1970 to today, only 2-3 paid analyst were able to call a top and bottom.

>but everyone is confident in calling the next bull run?
Because there is no timing involved ? Saying there won't be a bullrun is like saying we will be the exception in 5000 years. We are not. Printed money has a cost and we will pay it soon.

>> No.50367919

>BHS exploded up 25% today
>Nobody talking it
See you nerds in two weeks in my golden mansion

>> No.50367945

>>50367919
But what was the volume you dumb faggot?

>> No.50367957

>>50367808
Timing is everything though. If the next bull run happens 10 years from now, who cares? Youd get raked by inflation and opportunity cost. Ergo I wouldnt be all in cmmg, but diversify to other sectors to build capital while still having exposure

>> No.50367971

>>50367945
It was a joke anon, it went from $0.03 to $0.04, look at any chart

>> No.50368009
File: 177 KB, 1451x846, FVO1aq8VIAAryb7.jpg [View same] [iqdb] [saucenao] [google]
50368009

>>50367957
>If the next bull run happens 10 years from now, who cares?
Look outside instead of being stuck to your computer. Inflation is 15+% (officially at 9%), we are short of everything, Europe (where I am) are fucked this winter, no electricity, no uranium plants, no coal, no gas. Chinese refuse to repay their loan. Dutch Farmer lockdown their country. Sri Lanka going down and many more medium/small country follow. Italy PM resign. Brasil, India and more country are signing in BRICS deal... There is so much bullish sign, you have to be blind.

https://www.zerohedge.com/economics/damage-could-be-huge-chinese-banks-tumble-swept-mortgage-nonpayment-scandal-borrowers

https://www.zerohedge.com/markets/china-verge-violent-debt-jubilee-thousands-disgruntled-homebuyers-refuse-pay-their-mortgage

>> No.50368029

>>50367919
Its only up a penny.
Dont even think about BHS until the paperwork from Oregon is done and Graeme stops sitting on his ass waiting overseas.

>> No.50368050

>>50367919
As a BHS shareholder being hugely down, I'm happy to see it goes up but as >>50368029 said, it's only a penny. Its so low you shouldn't be excited for such a small pump. MC too low.

>> No.50368061

>>50368009
>Italy PM resign
Irrelevant but other points are valid. Italy has a long history of govt faggotry.
Do not think pm have hit bottom until next year.

>> No.50368068

How do I get a job with a gold miner in Nevada like Barrick Gold without having experience as a miner?
I applied and heard nothing back.

>> No.50368086

>>50368061
It is relevant because Draghi was WEF arm, he is the one who fucked Europe when managing the BCE in 2008. He then fucked Italy recently. The country might decide to get out of € without him.

>> No.50368155

>>50368068
have experience and certs for heavy equipment, CDL, wastewater, demolitions, construction, excavation, gravel pit, etc.

or have a biology degree or some other lab-intensive education.

or just keep applying until they get desperate.

>> No.50368180

>>50368086
And what guarantes does Italy have to not appoint another golem who leans the same way?

>> No.50368303

>>50367808
I worded that post poorly. I meant to say that the next metals bullrun may not be as lucrative as many are hoping it to be (2500 gold)- more like a recovery to levels we had already hit earlier this year at the "top" of this cycle. It will be interesting to see if any current bagholders only end up seeing marginal profits after all is said and done in a couple of years.

>> No.50368420

>>50366232
>should I be trying to time the market?
it's throwing a tantrum and we all knew we're in for a wild ride. i think we should either stay for the ride or leave the market entirely.

>> No.50368465
File: 260 KB, 1428x1570, swingkek.jpg [View same] [iqdb] [saucenao] [google]
50368465

>>50366232
You know the answer.

>>50368303
Maybe. I dont believe so. 40years of printing won't stop at 2k5 but we will see.

>>50368180
Nothing. But uncertainity is always bad for market.

>> No.50368530

>>50368465
Uncertainty is good for markets because it removes weak players (bad assets, zombie companies, etc) and money is made from increased risk and opportunities. Id even go so far as to say that this bear market has more potential in it than the covid rallies if you know what youre doing (I dont)

Case in point: Why doesnt chicken get traded on the commodity markets, but beef and milk and hogs do?
Its because the industry is so large and so streamlined that theres basically no variance in price. This means no opportunities = no investors

>> No.50368616

>>50366121
Sold that shit at $3 and never looked back. Some retards on CEO were buying 50k of shares around $2.5 after the landmark Spanish court ruling was still in the works.. some great assets (Romanera) but the jurisdiction is not very friendly to them (ongoing legal dispute since 2015). Significant insider selling recently.

I could still see $4 one day but we are very far away from the sector-specific conditions (Major Institutional inflows) that would justify such a valuation.

>> No.50368636

is it over for oil bros

>> No.50368692

>>50367971
Reeee

>> No.50368702

>>50368636
of course
with electric cars, solar and wind energy no one needs oil anymore

>> No.50368745

>>50367262
>They WANT to destroy your wealth
well they're fucking succeeding

>> No.50368790

platinum low will be $642
our group will 51% the market when it hits $840
everything below is additional gainz

>> No.50368802

>>50368702
kek

>> No.50368846

/CMMG/ right now at the middle of a weeknight is more active than some days where threads die lol

>> No.50368960

>>50368846
it's probably us yuropoors propping it up. i genuinely don't know what to do anymore. dollar milkshake is playing out in full force and i don't see any refuge. metals are shitting the bed, my cmmg portfolio is shitting the bed, my other portfolio which cmmg doesn't like to talk about is down too, the euro itself is down against the dollar and probably going much lower, what the fuck should i hold? pokemon cards?

>> No.50369017

>>50368960
sorry - wont sell for euros or dollars

>> No.50369177

>>50369017
based

>> No.50369506

>>50368960
Coal has been doing well. Perhaps invest in coal miners, though they are very up and down lately.

>> No.50370396
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50370396

>>50368960
Average down in pm miner. If you follow logic, you will never grab the bottom.

>> No.50370704
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50370704

If you haven't sold already I don't think it makes sense to sell now. Gold really could start going back up at any point although I think it's likely that we fall a bit further, dragged down by the stock market that still hasn't bottomed. Peak CB hawkishness is unlikely to be here yet with inflation still this insanely high. The economy will crash hard but it will take several months at least for the reality on that to set in, which should cause the fed to at least start softening their stance.

>> No.50371132

>>50370396
Amazing how accurate this is, we just cant win lately.

>> No.50371441

>>50366121
meh. i bought with TD sec. Around 5k?

didnt sell it because I forgot about it but im not an emotional faggot or weak hands so I havent rally cared. Who even invests with leverage beyond a house?

>> No.50371835

Where are my Oil and Gas Chads? Is Petrus Still good I think dont buy yet)? Suncor: a value stock now?
https://www.msn.com/en-ca/money/topstories/suncor-stock-is-it-time-to-buy-this-value-stock/ar-AAZxp51?fromMaestro=true

You gotta get up to date on Pajeet's DD for Prarie Provident(PPR) & Prospera (PEI). Excellent time to get bullish on O&G penny stocks. These companies have a great position, great land, excellent netbacks, and especially for PPR when their hedges expire, will be making money that WILL 10x the company @ $100/OBE/d. Cool shit.
https://youtu.be/LThx14qOXpQ

Anyone else know of solid companies in Tier-1 jurisdictions?

>> No.50371931

Are SALT bros and Vulcans gonna make it?

>> No.50372151

>>50371931
hmmm yea. there may be a pull back though. Just hold for now.

>> No.50372849

anybody heard of reyna silver? Economic ninja on youtube has been shilling it. Looks like a good entry point now it has gone down about 60 percent last 6 months

>> No.50373178

>>50372849
High risk

>> No.50373354
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50373354

Good for Canadian lithium miners!

>> No.50373385
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50373385

Speaking of which, Frontier Lithium is a company I’ve shilled here before (despite never having a position).

I was tipped off by an insider back in 2018, they have done remarkably well since then. Took a nice beating, hitting historical support zone

>> No.50373965

>>50373354
I know we're in the mining investment business here but it absolutely disgusts me to see such a focus on energy inefficient garbage.

>> No.50374567

How much longer before we reverse and rocket up with 100x our money?

>> No.50374618

>>50374567
In 2023 we make it back to the price we bought at and sell. Meanwhile inflation was 50% over the period

>> No.50374918
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50374918

>>50374618
There will be a strong temptation to sell everything as soon as portfolios are out of the red, those are the people who will miss the run we've waited 2 years for

>> No.50375883
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50375883

>> No.50375949

>>50374918
Fren. What if we sell on a pump to get cash positive while having skin in the game with house money to risk and not yours?

>> No.50376183

>>50375949
>What if we actually manage to time the market
It's just excessively risky. For everyone one person who does it successfully there'll be 100 that don't. Look at the recent SALT pumps. How many people do you think sold each pump to get "cash positive" then watched what they had left keep going up?
If you can make it work then power to you but personally I know I more than likely I won't be able to so I'm going to hold even when I'm back in the green, assuming the bigger picture doesn't change in a way that warrants a different approach

>> No.50377062
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50377062

>tfw bayhorse

>> No.50377976
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50377976

Irving sisters, bullish ?!

>> No.50378094

silver up .22, First Majestic goes down 1%

>> No.50378189
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50378189

>>50377062
Soon senpai

>> No.50378207

>>50378094
First Majestic lost money last year at much higher silver prices. It's still super expensive if you're not a silver hyperbull.

>> No.50378442
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50378442

>>50378207
i bought quite a lot during Q3 2021. i fugged up heh

>> No.50378539
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50378539

>>50378442
Happens to the best of us.

>> No.50378650

>>50377062
>bayhorse catching a bid the past 2 days
awesome its only down -70% instead of -80%

>> No.50379374
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50379374

>>50378650

>> No.50379516
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50379516

>>50378650
I see you bought high. Nigger cattle mentality. This bad larry is on sale!

>> No.50379769

blue lagoon bros.... a bottom may be forming! the village is on the brink of collapse but sir Rana may just save us my basterds

>> No.50380197
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50380197

>>50379374
>>50379516
scrap that, back down to -78% again

>> No.50380464

>>50380197
>>50379374
yep, 233% gains needed to break even. I stopped giving a shit a long time ago, I prefer to focus on what great buy I can make when the paycheck come in (and its clearly not BHS).

>> No.50380635

>>50380464
Sir please don't be basterd. If you would just do the needful the ocean deal will be filled in 2 weeks. Grame is on a plane from Thailand right now and will personally start mining and sell at the gate if he has to.

>> No.50380660

Hey PANMAN do you have any experience with Hammer Mills for hard rock? I was thinking about trying one as a cheaper alternative to crusher/ball mill setup. I know a ball mill will grind it a lot better but I've seen some stuff on youtube that they can still produce a fine powder you just have to run it through a screen, I need 1mm max size.

>> No.50381590
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50381590

New Crescat

https://www.youtube.com/watch?v=k99dQHDJgiU

>> No.50383540

quick bump!
https://www.mining.com/cost-of-expansion-at-rio-tintos-oyu-tolgoi-rise-again/

>> No.50384799

https://www.mining.com/web/net-zero-climate-target-could-fail-without-more-copper-supply-report/
another good article today.

>> No.50384855

>>50379516
i could write the book on the left in one sentence: "pay less than book value or don't buy it." and the book on the right doesn't even need to exist. that cover says it all.

>> No.50386547

bump

>> No.50386991

>>50378189
Oh no, now you went and reminded me of Poo Lagoon, too. God, I'm so tempted to "DCA" and slurp some more, but I promised myself I'd shift focus to streaming and U rather than gambling on /cmmg/ shitcoins...

>> No.50388011

Does gold mining really have this many women nowadays?

https://www.barrick.com/English/careers/default.aspx

>> No.50388286

>>50388011
Literally gold diggers.

>> No.50388302
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50388302

>>50380464
>narrator: it was bayhorse

>> No.50388412

>>50388011
>Does gold mining really have this many women nowadays?
barrick has always hired lots of women

that ratio isn't normal, but yeah. Any woman wanting to work in mining has a free pass. Not many do.

>> No.50388466

>>50388011
we also get bonus points to hire you if you're black or native american. You're not

we get bonus points if you're a veteran. This is the only category you guys have any control over, but of course not one of you served.

>> No.50388689

>>50388412
>>50388466
It makes me lose some respect for mining as a profession, seeing how pozzed it is, and I've always respected miners. Same with railroading: pozzed as fuck.
In that Barrick promotional photo, they even tinge the color to make everyone look brownish.

>> No.50389024

>>50388689
>It makes me lose some respect for mining as a profession, seeing how pozzed it is,
nobody cares

women are cool

they have pussies and you can fuck them if you're not a jackass like you are. And we all work to get laid.

>> No.50389104

>>50388689
I mean if you don't wanna work with women you're just super gay, right?

gay people are cool, but nobody is going to ask your opinion come hiring time.

>> No.50389144
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50389144

>nobody cares
>women are cool
>they have pussies and you can fuck them if you're not a jackass like you are. And we all work to get laid.

>I mean if you don't wanna work with women you're just super gay, right?
>gay people are cool, but nobody is going to ask your opinion come hiring time.

>> No.50389242
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50389242

>> No.50389724

>>50388689
Its primarily some of the big companies, probably influenced by the likes of blackrock, like newmont and barrick. One of the reasons why I won't invest in them. Always check their social media to get a feel for the company culture.

>> No.50390266

>>50363253
I wanna get a white collar in the mining industry so bad is my civil engineering a good degree for my dream?

>> No.50391049

>>50390266
i don't see why not. the mining industry is bound to be bussin soon fr

>> No.50391341
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50391341

>>50390266
t. work at a western-US mine in a hybrid position (office & field)
>don't talk to anyone in the office
>constant barrage of passive-agressive cat fighting
>always make excuses for why i need to spend most of my time in the field

>> No.50391522

Reminder AVZ owns majority of the worlds largest lithium deposit. Get in while it's sub $1

>> No.50391564

>>50391522
>Democratic Republic of Congo

>> No.50391928
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50391928

What are bros slurp targets? I'm going do or die with NFG, down 1/3rd. The "rd" possibly standing for retardation

>> No.50391979

It's unfair to critique bitcoin's use of resources as though it were in a vacuum as opposed to the greater energy consumption of traditional financial systems.

>> No.50392044
File: 3.92 MB, 4032x3024, A343A0DD-0C7A-4938-82BE-6DDA68560C74.jpg [View same] [iqdb] [saucenao] [google]
50392044

>>50391341
Nice boots

>> No.50392557
File: 732 KB, 1125x1624, 231EFA2B-4BF0-48BB-BA1A-1F7DB585C321.jpg [View same] [iqdb] [saucenao] [google]
50392557

https://oilprice.com/Latest-Energy-News/World-News/China-Refinery-Throughput-Falls-For-First-Time-In-10-Years.html

>> No.50392706

>>50391928
Still waiting on that UUUU to reach $3-4. I think we'll get there during our next leg down after whatever comes short term.
Regardless of what kind of a rally we might see in the markets and we might get a month or three of climbing, I expect this entire market to go considerably lower and it'll drag everything down with it even if things start slowly decoupling.
Also looking at Comstock Resources to inch lower, maybe around $8.
From the looks of things it might be a good idea to wait until 2023 or late this year in cash before jumping in. I'll probably keep on buying all kinds of things on our way down though.

>> No.50392873

>>50386991
Understandable famalam

>> No.50393169

>>50388689
>>50389024
Jeez. I did nothing to provoke that kind of response. To hell with gold mining if that's what you people are like. I hope your rock goes under $1000 an ounce and your mines close.
Apparently you despise white males; that's the message from your edge and immature comments.

>> No.50393182

>>50389724
>Always check their social media to get a feel for the company culture.
Good advice. Thank you

>> No.50393205
File: 75 KB, 1136x560, ngmi.png [View same] [iqdb] [saucenao] [google]
50393205

>>50388689
That's why we need a reset. People need to taste hard times.

>> No.50393215

>>50393169
>I did nothing to provoke that kind of response.
It's very clearly a troll. Don't take shitposts so personally, newfriend

>> No.50393239

>>50393215
He knew a lot about getting into mining, from his first comment way above. I wouldn't be surprised if he works at Barrick and got butthurt that I criticized their pozzed webpage.

>> No.50393263

>>50393205
What kind of mine is Great Panther? I've heard of some coal mines in WV with similar names, i.e. "X Panther" or "Panther X." Please don't tell me coal is going pozzed too; it's one of the final holdouts.

>> No.50393307

>>50393239
The other posts were around midnight US time last night so it's probably just Bob drunken shitposting

>> No.50393398

>>50391341
What is your background (degree, experience etc) and how is the pay?

>> No.50393416

>>50393263
>What kind of mine is Great Panther?
Gold mining company speedrunning their way to bankruptcy.

>> No.50393511

>>50393416
Ahh. Thanks

>> No.50394643

>>50391928
I kinda want to buy more Impact since it's at March 2020 level but I need to build up my cash position, I'm at 0$. A crash is coming and it might be better to have liquidity...

>> No.50395179
File: 1.01 MB, 1125x1630, E5A22A95-2F71-435F-8CAB-06F1AFBAA8AE.jpg [View same] [iqdb] [saucenao] [google]
50395179

>New facility unites the economic and demographic giants of Asia and Africa

In November 2010, little-known Chinese Vice President Xi Jinping gave a speech in South Africa promoting the creation of "a new type of China-Africa strategic partnership for a better future."

African leaders had, often loudly, paired China's rapacious appetite for the continent's commodities and return sale of manufactured goods with colonialism.

Hearing their complaints, then Vice President Xi promised his African audience that China would improve the structure of China-Africa trade and seek to both open additional sectors up to trade and identify opportunities to increase exports from African countries.

Some twelve years on, a milestone was reached this month when a Chinese vessel became the first ship to berth at Nigeria's first deep-water port in Lekki that was financed by the China Development Bank.

According to Nigerian Ports Authority managing director Mohammed Bello-Koko, the arrival of the megaship from Shanghai was historic, signifying not only Nigeria's readiness to take trade facilitation a notch higher but also the port's potential to help optimize the African Continental Free Trade Area, a pact connecting 1.3 billion people across 55 countries that the World Bank believes can transform Africa's economies.

Just 60 km east of the world's 15th largest city and Africa's largest metropolis Lagos, the port will increase its container-carrying potential from 3,000 containers to up to 20,000 containers. It will also allow up to 5 megaships to berth at the same time, putting Nigeria light years ahead of what is presently available in alternative Nigerian ports at Tin Can Island and Apapa.

Unlike some of China's more economically isolated port investments in, for example, Sri Lanka and Pakistan, in Nigeria there are two globally significant investments ready to take advantage of the new facilities in Lekki.

>> No.50395243

>>50389104
>gay people are cool
no they aren't, they are under literal demonic influence

>> No.50395249

>The new port will dramatically reduce the cost of shipping and could change the face of importing to and exporting from Africa's largest economy.

>Lai Mohammed, Nigeria's Minister of Information and Culture, has said that Lekki will generate more than $201 billion for the government and help Nigeria regain lost maritime business to Togo, Cote d'Ivoire and Ghana. Maritime stakeholders in landlocked Niger, Chad, Burkina Faso and Mali are reported to have recently ceased using Nigerian ports altogether.

>In a country where the median age is just 18 and the total fertility rate remains above five births per woman, elevated economic efficiencies and probable net foreign currency-earning investments such as the Lekki Port are timely. It is estimated that around half of Nigerian youths aged 15 to 24 are unemployed, and the country's economy has been ravaged by COVID.

>While automation means that directly the port will create few jobs, the digitization of customs clearance facilities could signal a bigger digital trade and monetary evolution on the horizon. Nigeria leads Africa in the implementation of a digital currency, the eNaira, which was launched in October 2021, just as China's digital currency leads Asia.

>If the economic and demographic giants of Asia and Africa utilize Lekki, and those digital currency moves ultimately give Nigeria the lead on digital-currency-based trade, this may one day be a hub that leads Nigeria's oil trade with China switch from dollars to yuan.

https://asia.nikkei.com/Opinion/A-Chinese-port-in-Nigeria-will-change-the-world-economy

>> No.50395389
File: 1.08 MB, 1125x1881, C9DD082D-B67B-4658-BD68-891F92244E05.jpg [View same] [iqdb] [saucenao] [google]
50395389

This is actually quite surprising, since it was assumed by many that Saudis and by extension OPEC didn’t have any spare capacity slack to give, but maybe that will change in the coming months. Thought the Saudis would be more hostile towards US, but MBS is actually calling for more western cooperation despite being in the same oil cartel as Russia, who is very much diametrically opposed to that notion.

WTI might break $90 on this news once trading re-opens, but there is still enough of a structural supply shortfall that a recession and Saudi help may still not be enough to stop WTI hitting $150 eventually.

https://www.businessinsider.com/saudi-arabia-agrees-to-boost-oil-production-after-biden-visits-2022-7

>> No.50395590

>>50395389
I bet US told them in no uncertain terms that they have to make a decision of either siding with the Russians and Chinks or the West and that they're going to be in deep shit if they side with the East.
After all we're basically in WW3 at the moment with all sides using economy as a weapon.
And yeah that 4 million extra isn't going to do shit in the grand scheme of things. Give it 6 months and oil is going to be pulling new record highs.

>> No.50395643

>>50394643
>A crash is coming
Do they ever fucking stop?

>> No.50396049
File: 1.18 MB, 1440x2421, Screenshot_20220716-122918_Twitter.jpg [View same] [iqdb] [saucenao] [google]
50396049

Is Platinum going to short squeeze. Some serious player is taking a shit load out of the COMEX. I remember there was a chart showing the Platinum was had way more paper contracts.
Probably some big players in industry know they won't be getting any more from Russia or South Africa.

>> No.50396492

>>50395389
Willing to bet this is SA lining up to dump on the oil market in tandem with the current drop in the S&P/etc so that SA can slurp cheap stocks.

When oil went negative in 2020 (significantly due to SA's influence), SA royals invested billions.

>> No.50396796

>>50396049
Are the only platinum plays in Africa still?

>>50392557
>>50395389
So will oil go up or down?

>> No.50396861

>>50396796
Russia is roughly 30% of global platinum production, SA is like 50%

>> No.50398135

>>50363286
Hi Panman! Just wanted to appreciate your presence in these threads, it wouldn't be the same without you

>> No.50398225

>>50366121
I was on it for a while, glad I sold out. I didn't want to bet on judical rulings as I wouldn't have an edge there, but damn. I think the whole sector is undervalued, but I think I'll stick with well funded projects without extra drama. These last two years have really humbled me though, I don't really know what is what

>> No.50398362

>>50377976
I really should buy into Irving , thanks for reminding me

>> No.50398367
File: 594 KB, 1536x2048, 293053392_372739078127478_5777058761380502134_n.jpg [View same] [iqdb] [saucenao] [google]
50398367

>>50398135
Always a pleasure! Was out and about all morning looking for a lost mine, weather sent me packing though unfortunately.
Found something new, looks like the govs got a new monitor program up. Wonder how much money these cameras cost.

>> No.50398396

https://www.sudburyminingsolutions.com/top-stories/red-lake-mine-could-be-on-the-selling-block-5574620

Interesting article out on Pure Gold's situation right now. Looks like their thinking about selling their project.

>> No.50398873

>>50393398
mech. eng., 22 yrs. exp., fleet maintenance, develop all the procedures and schedules, $180k/yr salary plus company truck.

>> No.50399027

>>50377976
Is that Stewart Thompsons chart?

>> No.50399569

>>50386991
Poo Lagoon will rise again.
'Twill be but a fortnight

>> No.50399949

>>50388286
kek'd

>> No.50400792
File: 151 KB, 1325x517, media.jpg [View same] [iqdb] [saucenao] [google]
50400792

>>50395389
Is production capacity the same thing as production?

>> No.50400815

>>50395389
>WTI might break $90 on this news once trading re-opens, but there is still enough of a structural supply shortfall that a recession and Saudi help may still not be enough to stop WTI hitting $150 eventually.

On what news? They already have a production capacity of 12 million barrels right now. You need to brush up your reading comprehension.

>> No.50400886
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50400886

i'm drinking beers, ppo bros. we will make it.

>> No.50400896
File: 182 KB, 859x640, lagoonBrosWAGMI.jpg [View same] [iqdb] [saucenao] [google]
50400896

poo bros...

>> No.50401111

>>50400896
>>50400886
were still here, hopefully some more assays for drill results will be out in the coming weeks.

>> No.50401115

>>50400886
>>50400896
We're all gonna wagmi
Japan countryside level pump incoming

>> No.50402788
File: 392 KB, 1536x2048, 293087970_760596331650308_4970747256279767873_n.jpg [View same] [iqdb] [saucenao] [google]
50402788

it never hurts to check every rock that peaks your interest! This lovely lump is nearly all galena! I am betting its got a nice bit of free gold in it as well!

>> No.50402902

>>50402788
based and leave no stone unturned pilled

>> No.50402997

QH is getting really excited about SGD, every Crescat update is juicier than the last, and the high end potential is 100m ounces. I already have my shares but I don't see many anons mention Snowline in these threads compared to Poo Lagoon and Bayhorse (which I also have stacks of). Just thought I'd bring it up since CMMG seems to be sleeping on this one, it's a huge part of Crescats holdings now.

>> No.50403000
File: 920 KB, 1536x2048, 293180520_1107373396845774_5192161400880669342_n.jpg [View same] [iqdb] [saucenao] [google]
50403000

>>50402902
too bad it was the only piece of anything worth looking at today. The old timers must have been extremely good at working this vein, they took what they wanted and left only empty rock. It must have fallen off a wagon in the 1860s and never got picked up again.

>> No.50403029

>>50402997
Snowline is one i ve been watching for a while now, their getting some really juicy results, but i ll have to double check which project their focused on right now because a lot of the ground they have is extremely remote. The further you are from infrastructure the more difficult it is to generate interest, there are plenty of great discoveries in the Golden Triangle that suffer this problem, including Goliath Resources, another Crescat favorite.

>> No.50403124

>>50389024
"Women are just as strong and just as rational as men >:("

>> No.50403134

>>50395389
It's actually disgusting how the media will bend over backwards to lie to make Biden look better.

FJB

>> No.50403177

>>50402997
Someone shilled it a lot here when it was sub .50

Hard to buy when you missed the train, I dont chase green dildo

>> No.50403512
File: 32 KB, 1011x540, Capture.png [View same] [iqdb] [saucenao] [google]
50403512

>>50368465
Swinging is the only thing to do with commodities.
>my futures swinging vs the DBC

>> No.50403520

>>50403512
Well, I applaud you if you can, I'm unable to do it, too retarded.

I know we are in a bullmarket and how the movie end, so I just buy share whenever I can/the price dip. I'll sell only in big "peak" (like 2k5/3k gold since correction are obvious at that point).

>> No.50403654

>>50403520
The graph I replied to is right. Most plays lose money. But when you get it right, you win big.
The image is also right that it's stressful. But not if you're entirely systematized. Used to use Excel now I use Python.

>> No.50403936
File: 150 KB, 720x1158, 20220717_005649.jpg [View same] [iqdb] [saucenao] [google]
50403936

Chile bros got too cocky. Hopefully our safe jurisdiction plays will work out. I'm worried about Mexico still. I'm not invested in Impact or first majestic because it's in Mexico.

>> No.50404318
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50404318

Nice thread from Doomberg regarding a common sense proposal to shore up Americas broken energy framework:

https://mobile.twitter.com/DoombergT/status/1548254542633902083

He touches on the importance of nuclear adoption too

>> No.50404518
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50404518

>>50404318
>common sense
Yeah that's where he messed up.

>> No.50405033

>>50404318
this guy>>50404518 understand. Most of these "expert" fail to understand the elites WANTS this shit to go down. No one is that bad to fail for 20+years straight.

>> No.50405538
File: 55 KB, 640x480, 1517249397653.jpg [View same] [iqdb] [saucenao] [google]
50405538

https://www.youtube.com/watch?v=WJMmDFiPuZI
>a client placed a 50million$ order for physical silver Eagles 10 days ago
>they already wired the money
What the actual fuck ?

>> No.50405558
File: 930 KB, 3541x2147, 1517642886363.png [View same] [iqdb] [saucenao] [google]
50405558

>>50405538
forgot to say
>she intend to buy up to 1 billion $, this is the first order
>she is a billionnaire
Been a long time I was this excited

>> No.50405937

>>50405558
https://twitter.com/oriental_ghost/status/1548626713491296256
>Recently, CN's banks have tightened paper gold/silver trading. You can sell, but can not buy. Banks released about RMB 300B. These funds bought a big of physical silver in the market. Many buyers bought half a ton or a ton and more, resulting in a shortage of physical silver.

The setup for a meltup has never been this strong. Prepare...

>> No.50406520
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50406520

>> No.50406657
File: 2.48 MB, 4096x3276, Polish_20220717_072657076.jpg [View same] [iqdb] [saucenao] [google]
50406657

>>50405538
>female
>billionaire
>Texan
>inherited the money

Are the Waltons buying up the silver? Any other guesses? Seems like that narrows it down a lot.

>> No.50406679

>>50406657
Also a billion dollars of silver would be 50 million ounces. Current register is around 80 million on the comex.

>> No.50406694
File: 603 KB, 1440x1996, Screenshot_20220717-073312_Brave.jpg [View same] [iqdb] [saucenao] [google]
50406694

>>50406657
>>50406679
What about her?
Seems more "Texan" maybe.

>> No.50406705
File: 635 KB, 1440x2067, Screenshot_20220717-073439_Brave.jpg [View same] [iqdb] [saucenao] [google]
50406705

>>50406694
More info

>> No.50407486

https://seekingalpha.com/article/4523764-developing-liquidity-crisis-xlf-gdx-sharp-decline-simultaneously

>> No.50407689

>>50403177
The green dildo is likely go to a lot higher imo, if they come anywhere near the 100m ounces or even 50m ounces this stock could still 50-100x from current levels. Last Crescat vid QH mentioned the possibility of this being "one of the biggest discoveries in North American history"

>> No.50407740
File: 72 KB, 662x1079, snowline.jpg [View same] [iqdb] [saucenao] [google]
50407740

>>50407689
maybe, and I will def buy if it dips but I won't buy something that did 250% in 6 months

>> No.50407935

>>50405538
>>50405558
I don't know, how many times has it been happening, then it doesn't happen?

>> No.50408095

>>50407935
Just like comex and bhs (production in 2 weeks!), take it with a grain of salt. Best thing we can do is get cash, buy more coins and mining shares

I wageslave and get paycheck then spend it right away on new positions (or average down).

>> No.50409315

>>50405538
>a client placed a 50million$ order for physical silver Eagles 10 days ago
Seems kind of retarded, no? Why pay that premium if you're buying such an amount. Why not just get 1000oz bars or whatever at very little premium.

>> No.50409378

>>50409315
She's a woman, maybe that explain why...

Honestly don't know, I thought the same. Maybe she wants to squeeze ?

>> No.50409415

>>50409315
he made it up
>muh 50 million
>2 more weeks

>> No.50409448

>>50406694
She's the daughter of doug dimmadome? Owner of the dimmsdale dimmadome?

>> No.50410169

>>50402997
We were looking st snowline back when it was seven cents and made our decision then. A small number of us bought it and held the rest of us decided it wasn't worth it because the project was so remote. Of course the gay meme stock I didn't buy would rocket up 4x while the real projects with tangible prospects haven't done shit.

>> No.50410230

>>50388689
This isn’t t4ue. 60 minutes did a whole piece on Australian mining. The managers or some shit were literally asking women to suck their cock and when they refused they black listed them across multiple companies. Ducking gold diggers

>> No.50410284

>>50410230
wtf I love aussie miner now ?

>> No.50410363

>>50410230
It is my impression that the aussies are significantly more based than their canuck counterparts. More competent as well, perhaps due to having had a larger mining industry for longer.

>> No.50410489
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50410489

https://www.youtube.com/watch?v=1l_cNwRauZw

Based Andy making fun of swingoids

>> No.50410588

>>50410169
>Of course the gay meme stock I didn't buy would rocket up 4x while the real projects with tangible prospects haven't done shit.
None of the mainstream guys from this thread has made anyone any money to my knowledge.

>> No.50411365

>>50368009
>https://www.zerohedge.com/economics/damage-could-be-huge-chinese-banks-tumble-swept-mortgage-nonpayment-scandal-borrowers
https://twitter.com/oriental_ghost/status/1548546659562401792
>The suppliers of Evergrande in Hubei Province announced suspension of work, refuse to pay loans and refusal commercial credit.The RE crisis is rapidly spreading to the whole country. This will make Chinese RE dollar bonds on WS useless and will drag down the global economy. G/S !
Snowball baby !

>> No.50411533

>>50409315
>Seems kind of retarded, no? Why pay that premium if you're buying such an amount. Why not just get 1000oz bars or whatever at very little premium.
yeah its retarded. if you have 50m$ you call JP Morgan and ask them to buy it off the COMEX for you. they will broker the deal. or, if you must have silver eagles, you should be able to call the US Mint and buy from them

>> No.50411650
File: 614 KB, 1820x1654, Screen Shot 2022-07-17 at 4.16.32 PM.png [View same] [iqdb] [saucenao] [google]
50411650

alot of gold stocks are oversold on the RSI daily. like not just oversold, but embedded oversold

>> No.50412620
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50412620

>>50408095
>I wageslave and get paycheck then spend it right away on new positions
So is life. This shit better pay off. Bright side we get to accumulate cheap.

>> No.50413452
File: 307 KB, 1396x2150, Screenshot_20220717-163909_Brave.jpg [View same] [iqdb] [saucenao] [google]
50413452

Cathie woods top holding is fucking zoom. She's just trying to drive it to the ground. Literally anyone can make a zoom copy cat in a week.

https://youtube.com/shorts/kCBGPNA2ZM4?feature=share

>> No.50413552

>>50413452
She is literally just a retard lol. Really says a lot about our market that she was held up as some kind of great investor. Her IQ may actually be below 100. Tighter financial conditions can't come soon enough.

>> No.50413684

>>50411650
my puts at $31 got exercised. would be nice to get a nice little rebound, so i can start selling calls on it.

>> No.50414380

>>50413452
>>50413552
she's already been blown the fuck out by half of wall street. all of these hedge funds know she only does well when the Fed is pumping QE. she cannot perform well in any other environment

>> No.50415068

If you could only invest in three uranium miners, which ones would you pick? Asking for a friend.

>> No.50415148

>>50415068
just buy the uranium miners ETF - URA or URNM. since you're not going to do any DD

>> No.50415450

>>50415068
Toro Energy, Berkeley Energia, Pegasus Resources

>> No.50416209
File: 181 KB, 498x3400, 1gm5u8u-PEGA.png [View same] [iqdb] [saucenao] [google]
50416209

>>50415450
Don't know about the others, but Pegasus is garbage. It's a flavor-of-the-month commodity chaser with a long history of relinquishing projects under various incarnations.

>> No.50416322

>>50416209
Shhhh you're scaring off those that want to be spoonfed

>> No.50417139

>>50410588
I made $60,000 on oil. A 75% gain, cashed out a month ago. Been holding gold and silver. Recently starting doubling posistions in miners. Long term holder of uranium


I will make money. Just not right now. Maybe right now with gold and silver miners on this upcoming pump though but I will rotate gains

>> No.50417155

>>50413552
She's a dumb normie boomer bitch that believes everything the government tells her along with believing onions technology algae trannies are the future

>> No.50417176

>>50415068
Encore energy. SMR
Global atomic.

>> No.50418098

https://www.mining.com/web/miner-bhp-may-reconsider-investments-in-chile-if-tax-hikes-go-forward/

Chile's tax plans seem extremely short sighted. The government does know that its better to have these major miners around than to operate the mining sector themselves?

>> No.50418162

>>50417176
Thanks. I'm holding Denison currently, but I have been considering Energy Fuels and Global Atomic. Why Encore?

>> No.50418194

>>50415148
The internet can be used to crowd source ideas. This is part of my DD. I hold Denison, and I'm considering Global Atomic and Energy Fuels. Any thoughts?

>> No.50419227

Bump

>> No.50419235

>>50418194
>Global Atomic and Energy Fuels
those are good

>> No.50419426

>>50418162
I've stated the case a million times but if you love energy fuels then you should love encore because the ceo of encore is the same man who made energy fuels a successful business.

>> No.50420164

>>50417139
You not getting back into Oil?

>> No.50421265

Where should I start with Uranium miners and Jr's research? Is it still a good area to put capital in to or have I missed the boat there? Please no bully, I'm still new to this :(

>> No.50422007

>>50421265
Becoming a SALT bro and Vulcan before Atlas drops their feasibility study and gets bought out might be the best play right now

>> No.50422758
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50422758

*grabs popcorn*

https://www.zerohedge.com/energy/gazprom-declares-force-majeure-will-halt-gas-flows-germany-indefinitely

>> No.50423168
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50423168

treading water, but nice to see a little green today

>> No.50423278

What does the next decade look like for us?

>> No.50423833
File: 223 KB, 702x810, bhs.jpg [View same] [iqdb] [saucenao] [google]
50423833

$0.04 financing.
More dilution for horse fags to fund G's lifestyle.

>> No.50423913

>>50391928
My average on NFG is $11 and I buy like a madman whenever I get a bit of scratch.
This one will be the one I retire on.
Oh and LAB too

>> No.50423918
File: 197 KB, 1500x1000, 1638994145673.jpg [View same] [iqdb] [saucenao] [google]
50423918

>>50423278

>> No.50424010
File: 864 KB, 3267x1902, ATHOF_2022-07-18_09-48-27.png [View same] [iqdb] [saucenao] [google]
50424010

>>50420164
I'm watching it every day and looking for buy back opportunities. Even with this pump today I'm not convinced. The swingline downtrend still hasn't been broken even though it deceptively looks like it has. RSI jsut came out of embedded oversold and it has one day to reclaim that status. I'll see how it goes tomorrow. We are also still under the 18day MA which is bearish with not giant but significant resistance still over head. Oil is basically the same chart.

>> No.50424015
File: 51 KB, 1158x515, thatsalottaladyboys.png [View same] [iqdb] [saucenao] [google]
50424015

>>50423833
>G slurping strong dollars to buy all of Thailand
He's smarter than we give him credit for

>> No.50424049

>>50424010
Looking back at some of the oil & energy etfs years back it looks like July & August are prefect times to accumulate for fall/ winter price increase...
What am I missing?

>> No.50424059

>>50407689
>possibility of this being "one of the biggest discoveries in North American history"

Pretty sure NFG holds that title

>> No.50424087

>>50422007
It probably is.
Their feasibility study along with a likely buyout is basically just like sitting on a certain +5x for your money. There's no way it's anything under 1 bil they sell it for.
Vulcan basically moves like a leveraged play to Atlas.

>>50423278
Pure steady green after this initial volatility and collapse in the markets until the end of 2023.

>> No.50424205

>>50424049
I agree. I'm watching every day looking for a buy back in opportunity.

I think the fed is going to raise rates though and as that meeting looms closer I expect prices to fall further. If they raise by 100bps then expect a dramatic sell off in oil. seems like the market is sniffing out that the fed cant do that though...

>> No.50424434
File: 36 KB, 760x524, file.png [View same] [iqdb] [saucenao] [google]
50424434

>>50363253
time to buy stock of copper mining companies?

>> No.50424699

>>50424434
my 2 cents. The downtrend hasn't been broken yet but could be a could dollar cost averaging opportunity.

>> No.50424721

>>50424434
Well I guess it did break that higher high on the little one down there. i would wait to see where the next low goes.

>> No.50424841

>>50424699
>>50424721
I'll wait then. thanks

>> No.50424901

>>50424841
Good eye though.

>> No.50424953
File: 151 KB, 683x600, 3.jpg [View same] [iqdb] [saucenao] [google]
50424953

>>50423918
pic related?
>>50424087
No Great Recession 2.0 where we eat the bugs?

>> No.50425252

>>50424953

Oh we'll get a total equity market obliteration for sure.
But energy and many other commodities are going to go through the roof while the normie markets get fucked.

>> No.50425677

Just opened an IBKR account to trade these canadian shitcos. Picked up a bit of NFG here.

>> No.50425690

>>50423833
bayhorse ceo.ca is such a sad place

>> No.50426081
File: 84 KB, 802x654, atlas.jpg [View same] [iqdb] [saucenao] [google]
50426081

>>50424087
could see a new ATH today

>> No.50426264

>>50426081
It probably will, or at least in the coming days.
All things considered it has such a long way to go that it's simply not going to pull back in any significant way because no one in their right mind is selling.
Most likely going to keep on steadily punching new ATHs until they're bought out.

>> No.50427683

>>50424010
I bought back in half on Friday but seeing this 30 cent pump makes me a bit nervous

>> No.50427873

I'm reading this Bayhorse press release and they're talking about acquiring new property and shit. how the fuck are they gona do that if they're already broke? the PP is for 400k$, thats like what, 1 month worth of operating expenses? i cant even tell whats happening lmao

>> No.50427991

>>50427873
You thought GO was just fucking those ladyboys for fun?
He was teaching them how to invest every step of the way. Over the past couple of years the gals have amassed an absolute fortune thanks to his patronage.
GO and his army of investor ladyboys will emerge in roughly 14 days to corner the Oregon silver mining market through hostile takeovers, and that will be just the beginning of GOs lucrative Laosian ladyboy legacy.

>> No.50428080

>>50427873
Anyone not selling on the next big pump when Silver goes beyond 30 deserve to lose his money.

>> No.50429096
File: 653 KB, 1257x1413, Shelll.png [View same] [iqdb] [saucenao] [google]
50429096

>>50418098
You don't really want to invest in a rapist do you?
https://cxvideos.com/

>> No.50429279

>>50427873
Maybe I was right then that they don't even own the prime part of the vein, they only own the shitty part down the road.

>> No.50430251

It's funny seeing how some of these stocks people here once championed now need to do a 5x-10x just to break even.

>> No.50430313

any Trillion chads in here? how you feeling? i'm feeling comfy just holding

>> No.50430836
File: 1.21 MB, 1920x1080, 1hdbbf3-Crescat_Capital_Portfolio_Update_16Jul22.png [View same] [iqdb] [saucenao] [google]
50430836

>>50424059
Does NFG have 50 million+ ounces of gold in the ground? I thought they were around 10M? SGD has only really started exploring a little bit on their properties, they have an enormous land package and the Valley/Gracie targets are the only things really being considered right now in these numbers.

>> No.50431403

>>50430836
>Does NFG have 50 million+ ounces of gold in the ground? I thought they were around 10M?
Probably only a few million so far I'm guessing. It's the grade that has caused the hype. These UG systems take a while to drill out.

>> No.50431770

>>50430313
Down pretty heavily but only feel bad because I can't buy more at these levels.

>> No.50432816

>>50430251
The most I'm down on any of my posistions is 50%

>> No.50432899

>>50432816
Gold Mountain plummeted. They were supposed to be surefire.

>> No.50432954

>>50431770
i'm break even, my cost basis is 0.18 USD$

>> No.50434150

Bump

>> No.50434580
File: 92 KB, 720x456, Poo.jpg [View same] [iqdb] [saucenao] [google]
50434580

Poo bros ...

>> No.50434730

>>50434580
That's only 3 months...

>> No.50435214
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50435214

>>50434580
>>50434730

>> No.50435675

>>50432899
Gold Mountain fell out of favor after they diluted without having to, or at least without explaining before hand why they wanted to do another dilution. Unfortunately their probably going to end up like a number of projects trying to bring up their operations in this economic climate, either shutting down until things are a bit easier or selling off. Look at PureGold too, their fucked right now.

>> No.50436188
File: 124 KB, 1079x726, AB7311FB-5B04-46CA-B568-0E5BBB8D7D98.jpg [View same] [iqdb] [saucenao] [google]
50436188

>>50430313
We good. .23 avg, wanted to buy at .17 as I’ve mentioned for a few weeks. Nat gas taking another leg up today so let’s see if the trend continues in Trillions favour. That being said, Art needs to get his shit together because people are becoming annoyed at all his PPs. We need to get to August first to really see if all of this financing pays off.. nations around the world are scrambling to secure energy needs (picrel) so that puts Trillion and their large resources in a favourable position. And especially when Jeckll and Hyde Russia and Turkey relations could sour at anytime, having to replace the Turks 90% gas imports from Russia could be Trillions opportunity. Even if that doesn’t come to bear, there is the entire continent of Europe needing cheap gas in the next 6 months and beyond.


Trillion Energy Overview:
https://trillionenergy.com/wp-content/uploads/2022/07/2022.07-Trillion-Energy-Investor-Presentation-JULY-6-Emerging-markets.pdf

Trillions gas rig, Uranus:
https://youtu.be/Bp2Ywm_X6dY


>>50434580
Lmao imagine all those Youtubers that bought at .70 and have held since BLLG was shilled there.. still going strong though, 30k shares will print once the Fed pivots and PM sector suddenly becomes a frothy speculative haven that will see gold-bearing deposit rich names like BLLG as a focal point as they are prompted into eventual production in the next bull run due to high spot prices.

>> No.50436248

>>50432899
I told you guys with these mining companies as soon as the first suspect shit comes up you have to drop them.

I only lost twelve percent because I dunped them immediately. I apply the same principle to mining companies as I do to women. You gotta keep that pimp hand strong.

Same with altiplano, love that company hit as soon as talk of nationalizing came about in chili six months ago I immediately dumped them. Now it's looking like it's becoming a thing.

No tolerance for bullshit with miners. They will rape you and ask for more.

>> No.50436638

>>50436188
>>50431770
>>50430313
I bought so many fucking shares at .36 and am utterly demoralized, right after Arts pp. fuck me boys. Even with the pp I can’t believe how far it’s fallen in this enviro

>> No.50436845
File: 61 KB, 917x685, oilk.png [View same] [iqdb] [saucenao] [google]
50436845

>>50368636
>>50371835
>>50395389
>>50395590
>>50420164
>>50424205

>> No.50437050

when the FUCK is bay horse gonna moon

>> No.50437464

>>50437050
Honestly, give it like 2 more weeks max

>> No.50437697

>>50436638
That is similar to my average. I actually had my initial position at 0.18 back in December but averaged up heavily as I grew more comfortable with them. The recent drop sucks, and I have made a couple of posts complaining about how Art took a deal with such a shitty, predatory financier, but with the gas pricing it is still a better investment than it was a while back.

>> No.50438451

>>50437697
Thanks for sharing anon. Sucks feeling like I got in early without anyone knowing about this gem yet I’m so down

>> No.50438467
File: 110 KB, 1088x535, F1A40C7E-AD92-46D3-874B-B4B54A46A36D.png [View same] [iqdb] [saucenao] [google]
50438467

From Dallas Fed minutes:

>> No.50438487
File: 759 KB, 1125x1844, BE6AECCA-DAD2-409C-BA85-DCFA343613AA.jpg [View same] [iqdb] [saucenao] [google]
50438487

President Retard dunking on big oil!!

>> No.50438830

>>50389024
Stfu simp, kill yourself

>> No.50438863

>>50422758

I'm surprised no one responded to you.

This is the single most important piece of information in this thread and has the potential for catastrophic financial woes for Europe if they can't get their shit together by winter.

>> No.50438972

>>50368086
>implying Draghi isn't just a flunky taking orders from higher ups
politicians whose names you know are still like 4 or 5 levels down from the top at least, even though he ran the ECB and FSB or whatever

>> No.50440056

>>50438863
10% of energy in Europe comes from Russia. Substituting that is a bit uncomfortable but it will be done at some cost. Gazprom equity holders will all get wiped out because they export 80% to Europe and they just lost their only customer. It's dead, Jim.

>> No.50441178

>>50440056
>at some cost.

The entire economy and literal food shortages will be the cost.

>> No.50442370
File: 64 KB, 973x492, 15A4CB35-DD22-4F3C-B069-689A182C8A68.jpg [View same] [iqdb] [saucenao] [google]
50442370

>>50438467
A chart that helps highlight the first point

>> No.50442714

I have been seeing a lot of news reports popping up suddenly about precious metal spoofing in the past decade. Like it was radio silent except for rare coverage and now it's almost like it's being ramped up. Bloomberg has pushed a couple articles about JP Morgan and bear Stearns in the past couple weeks. Just odd

>> No.50442716

where my POLY bros at? are we finally gonna make it

>> No.50442854

>>50442716
It's back to my buy in price lol, wake me up when it does another 5x from here

>> No.50442892

new ATH for Atlas

>> No.50442931
File: 93 KB, 1125x206, F2EAE610-4C33-4717-893B-BDD244FA6500.jpg [View same] [iqdb] [saucenao] [google]
50442931

>>50442716
I’m not sure but I have about 5K in RSX that I’m honestly not sure I’ll ever see again. If I do, it will be at least a 3x based on where the ruble is trading. I’ve heard murmurs of Van Eck maybe doing a law suit against securities commission, but as we’ve seen in nickel, rules aren’t for the big guys apparently. Governments and their subsidiaries will take shit over, like picrel

>> No.50442957

>>50442892
God dammit I only bought like 1k of this when it was $1.30, shoulda just sold off useless BhS for a real horse.. time in the market is a great teacher

>> No.50443072

>>50363253
Somebody give me some hopium for my huge NFG bags.

I literally have the house riding on this one.

>> No.50443129

>>50442957
I made the same mistake about 2-3 months ago, it's tough to pull the trigger and sell one when down. I'm just hoping Atlas can at least 5x from here with a monster buyout to make up for a lot of my dogs

>> No.50443170

>>50443072
They are due for news soon, it's always great or phenomenal. Sprott doesn't put $300M into a crapshoot

>> No.50443631
File: 3.59 MB, 267x200, 200.gif [View same] [iqdb] [saucenao] [google]
50443631

>Mfw my Vulcan just keeps on going.
It's actually the only thing in my portfolio that has made me money since starting investing into commodities early this year. Everything else is in the red.
I really hope Salt gets the buyout in a timely manner so I can make 5-10x from this and rotate it into uranium while it's still cheap.

>> No.50443681

>>50443129
Considering dumping my Galleon Gold and Silver One to buy some better managed companies, but when I look at the charts it literally screams don't sell the bottom.

>> No.50443706
File: 394 KB, 766x903, vulcan.jpg [View same] [iqdb] [saucenao] [google]
50443706

>>50443631
live long and prosper vulcan fren

>> No.50443779

>>50443681
Galleon has assays coming with vg. Might take a while but they should be fine. Haven't seen Silver One news lately

>> No.50443835

>>50443706
Best part is that Vulcan is still lagging so much in valuation considering their salt shares alone, that their market cap should be 2x of what it currently is. Then you throw in their royalties, properties etc.. and it should be even higher.
Which means it's almost definitely going to move for a good while like a leveraged play.

Now it'll be interesting what they do during the Salt buyout.
Will they pay out their Salt share money in the form of a massive special dividend or what, because it doesn't exactly make sense for them to hold 500 mil or 1 bil in cash, especially since they're already cashed up.
I have a feeling that's exactly what they're going to do, which makes holding this even more attractive.

>> No.50444038
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50444038

>>50443835
Based, Vulcan could skyrocket. The Vulcan boomers are getting excited on twitter lately

>> No.50444975

>>50442716
still holding comfy fren

>> No.50446181
File: 167 KB, 3065x636, SeersPleaseInvestMyStockPickWinners.jpg [View same] [iqdb] [saucenao] [google]
50446181

>>50437050
The poos have discovered silver anon's secret stock, it will surely moon as poo investors pile into this once in a lifetime opportunity with CEO ladyboy cowboy

>> No.50446323
File: 63 KB, 473x1024, IMG_3680.jpg [View same] [iqdb] [saucenao] [google]
50446323

>>50446181
Tfw I can finally redeem the shares

>> No.50446376

>>50446181
>up 450%
>some people would still be in the red
kek. Also, what was the last dilution about?

>> No.50447300

>>50446376
Graeme pays himself $350k a year, he's ran out of money since the last dilution.

>> No.50447329

>VALE
>17% dividend
Okay what's the catch

>> No.50447534

>>50447329
Their main customer is China, so VALE is a bet on the health of that economy. Also the dividend is formula derived and Iron Ore is selling for a good deal less than last year. They are still quite profitable at $100/ton.

>> No.50447710

>>50447534
>Their main customer is China
That makes sense, I thought it was due to jurisdiction risk (eg PBR, wow).
I heard China also consumes a good amount of coal from Australia (also related to steelmaking), also that AUD is a good proxy for China's economic health. But then, since markets are forward-looking, any dips now are discounts on the future revenue of their economy. So it would make sense to be bullish over the course of 3-5 years I guess. I dunno, it just seems like a really high dividend which implies a ton of risk

>Also the dividend is formula derived and Iron Ore is selling for a good deal less than last year. They are still quite profitable at $100/ton.
Where are you finding that information re: dividend? Where can I learn that on my own? Must be on their website I reckon.

>> No.50448029

>>50447710
>China consumes a good deal of coal from Australia
Iron too, RIO is the closest comparison to VALE I am aware of if you want to run ratios against something similar.
>Where are you finding that information.
http://www.vale.com/brasil/en/investors/equity-debt/dividends-ise/pages/default.aspx

>> No.50448511

>>50448029
>30% of EBITDA, less sustaining investments
What is a "sustaining investment"?

>> No.50448983
File: 184 KB, 1125x732, 306604DB-BB44-4DAA-874A-3D4C245DDB55.jpg [View same] [iqdb] [saucenao] [google]
50448983

Yuge day for Frontier Lithium.

I made a post on them a few days ago, calling for a buy around 1.30 area. Looking good.

>> No.50450770

>>50442716
>>50442854
>>50444975
Bought 138. Dumped at 209. I'm pretty sure it will go back to 200 or below after people realise the Russian spinoff will take time. They should sell the Russian assets with the 2b debt for $1. And start fresh with kaz poly.

>> No.50451198
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50451198

>>50450770
>making money on Russian
GIWTWM

>> No.50452195
File: 839 KB, 1536x2048, 293151095_408521601297202_1880454313992627792_n.jpg [View same] [iqdb] [saucenao] [google]
50452195

afternoon all, hows things?
been sniping bedrock all week to get away from people. No major news I take it?

>> No.50452208

>>50451198
Can't lose money if the listings are frozen!

>> No.50453446

>>50452195
>been sniping bedrock all week to get away from people
Based secluded hermit. One day we shall find that mountain of gold bro

>> No.50453475

>>50448983
Lithium is still king for batteries. They are developing new types of batteries with other materials, but those are still in development and who knows when they'll be at mass production

>> No.50454685
File: 248 KB, 667x643, BHS-Jul19.png [View same] [iqdb] [saucenao] [google]
50454685

>> No.50455060

>>50454685
How much are people down on this shit lmao. I pray to any god that exists that silver miner anon never got a chance to sell a single share and has lost hundred thousand dollars on this.

>> No.50455403

gold and silver price doesn't follow the rest of the market as the dxy pulls back a bit

>> No.50456050
File: 211 KB, 1198x1610, 8A08BAD2-0937-4A9D-B48E-F55B17494C0A.jpg [View same] [iqdb] [saucenao] [google]
50456050

>>50453475
Cool infographic

>> No.50456128

>>50456050
>just strap a bomb to the side of your car

>> No.50456394

>>50446181
you know silver anon was a poo named Satyajit, right?

>> No.50457494
File: 1.15 MB, 2048x1975, 9FB4A11F-8A83-456F-BCC0-61DC01CBC782.jpg [View same] [iqdb] [saucenao] [google]
50457494

Just bought a nice pictorial book about the elements, and picrel was part of the cover..

I’m taking this as the universe winking at me, or perhaps I’m just a schizo BHS baggie idk

>> No.50458382

https://www.mining.com/bhp-to-speed-up-5-7-billion-jansen-potash-mine/

Potash suppliers are still scrambling to make up for demand. More mines will be needed for sure.

>> No.50459081
File: 1.27 MB, 1953x1932, 20211210_202322.jpg [View same] [iqdb] [saucenao] [google]
50459081

>>50457494
We're all schizos here, gotta accept that. Doesn't mean we're wrong though.