/CMMG/ Commodities, Mining, and Macro General

[Anonymous No.50537663]

>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

More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
Favorite Companies
https://pastebin.com/n9dRBgL4
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL

>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
>Canadian junior press releases
https://twitter.com/JrMiningNetwork
>Newsfeed
https://twitter.com/zerohedge

>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: >>50461203

[Anonymous No.50537682]

First for Japan countryside level pump imminent, we are all gonna wagmi

[Anonymous No.50537689]

>>50537663
Who is this semen demon? Does she do nudes?

[Anonymous No.50537711]

I've lost my entire life savings on Bayhorse

[Anonymous No.50537769]

>>50537663
thanks for baking although its fine to let the thread die, sunday no one talk

>>50537682
>mfw our portfolio moon after 24 months of crabbing and suffering

>>50537689
>semen demon
That's exactly what she is anon

>>50537711
sell during the next silver pump, I don't believe we won't get to 50 before EoY

[Anonymous No.50537833]

>>50535402
Hey Red I saw you say you've not bought back into oil yet, are you just rotating all your gains into gold/silver miners in the meantime if you're expecting the pump in the next few weeks? Seems like the play to me if energy will crab for a while longer so curious if that's what you're doing or are you still sitting in cash waiting for an oppurtunity to get back into oil?

[Anonymous No.50537857]

I'm a simple man. I see chart like this, I buy PM miner. It will moon when it will moon.

Start selling at 2k6 gold / 50 Silver.

[Anonymous No.50538337]

[Anonymous No.50538555]

>>50538337
Nothing to liquidate kek

[Anonymous No.50538584]

Can gold really reach 3k?

[Anonymous No.50539107]

>>50538584
when, not if.

Also Crescat down 35% YtD.

[Anonymous No.50539227]

>>50537769
Sauce?

[Anonymous No.50539239]

>>50537857
>2k6
what kind of fucktard types like this?

[Anonymous No.50539255]

This shit is really important guys. I want this to become a major point in the thread if this comes true.

Right when Andy first got famous, he said that commodity bul markets come in three stages. It's always Real estate - > energy - > precious metals.

He said that the cycles follow these in both the large scale time frame and within those time frames on smaller cycles.

He made that call last year before the oil run up. So far we have seen exactly that and if we really are on the bottom of a big move up in metals then this is basically confirmed and is a major scholarly victory.

When Andy made that call we were right at the top of the real estate market. Then real estate came down a little and oil started running up. Now oil is pulling back and all of the smart analysts are saying we are at the bottom in metals and about to commenced the next leg. I expect to see a big upweek in silver this week and if not this week then next. David Brady who is always cautious, and yet is the main metals analysts for fucking Sprott is basically all guns blazing calling a bottom right now in metals.

If this is right we need to know this and gloat. It becomes fact and we can shit on the rest of the board.

[Anonymous No.50539288]

>>50537833
Yes. I took all of my oil gains and rotated 50% into gold and silver and am holding the rest cash which I am using for things like paying next year's house insurance and stuff. I might put more into silver and gold but it's rough because it's such a manipulated market and it's mentally hard to dump mroe money into it and I already have some pretty full posistions. I'll look at some charts in a bit and post em up. I want to get back in oil but like you said it just looks like a crab for the enxt month or so.

[Anonymous No.50539301]

>>50539255
How does Andy know so much? Is he a free mason

[Anonymous No.50539403]

I'm going to be buying some tomorrow. How should I allocate? Was thinking:

40% Energy
60% Metals

Is this good or would you make adjustments?

[Anonymous No.50539447]

>>50537663
Who is this fine Philly from the orient?

[Anonymous No.50539451]

>>50539403
>dont tell his age
>his portfolio size
>his present allocation
>ask for tips on what sector to buy
You will get retarded answer and you deserve it.

[Anonymous No.50539619]

>>50539255
> and within those time frames on smaller cycles.

Imagine nailing this aspect and doing multiple rotations inside these cycles.
You'd grow your wealth to retarded levels very quickly with any amount of investment.
Would be pretty hard to get it right though.

>>50539301
He's a numbers guy who simply pays attention to things that no one else does.
And it's no wonder these things get ignored by most.
His way of doing things isn't exactly all that exciting and you've got to invest into things on the decline that your entire psyche is warning against.
Even now people who watch him are panicking or angry when things are down, despite the very idea of ratio investing being that you should be happy when the ratios get this fucked.
I don't think his views are ever going to be mainstream simply because of human nature going against investing into unpopular things.

[Anonymous No.50539732]

>>50539301
He's an engineer and while I hate engineers, people with science backgrounds kill it at this shit. He's been in the markets for twenty years and studies ratios and charts.

[Anonymous No.50539744]

>>50539403
I'm not buying energy right now unless the charts I'm gonna look at in about an hour scream it at me and I'm a huge energy bull. I think oil is going to $300 over the next he next two years and $800 over the next ten.


Uranium is looking like a great buy right now though.

[Anonymous No.50539768]

>>50539619
>nailing this aspect.

Well Andy already discovered that merely switching back and forth on the gold silver ratio can net you 84x returns over ten years.

>>50539619
People also aren't smart enough to really understand a lot of this shit. We're all autists and a science background really hammers home shit like how important oil is it gets you used to working with charts and numbers and understanding ratios.

[Anonymous No.50539973]

>>50539403
Cmmg will hate this but personally I think that's not diversified enough. Commodities are just one type of asset you should have in your portfolio.

[Anonymous No.50540057]

I have had a bad feeling for the last 2 years that when Silver/Gold start to moon and miners are taking off, the Fed will pull some move that crushes the stock market and causes everything to get dragged down even the miners. Something like that would just trump whatever technicals are on the charts and cause forced selling/liquidations. Anyone else think (((they))) are that committed to keeping PMs down?

[Anonymous No.50540204]

>>50537663
do people still care about austrians?
That theory is dead

[Anonymous No.50540377]

>>50540204
I believe in Keynesian, it’s going to make us all rich

[Anonymous No.50540420]

>frontline gold corp is now one canadian cent per share with no recent news
Are they dead?

[Anonymous No.50540452]

>>50540204
Agreed
Physical assets behind sound currency is a jewish trick. Real wealth comes from fust currency with empty promises as a foundation of value. All wealth comes from jewish printers. Actual tangible assets have no value. That's why I buy btc, bhs, and nfts. I don't need food, shelter, or clothing since those are tangible assets and completely without value. I use a warm blanket of dreams to cover myself at night. Dreams of jewish children throwing rocks at goy peasants fighting for crumbs at the zoos they are caged in for the chosen to mock on summer afternoons. Hopefully soon those dreams will become a reality

[Anonymous No.50540730]

>>50537663
>>50537769
What is the jannies problem with tasteful pics of women being used in our thread? I don't get it, there's a hundred other threads daily that don't get cleaned up for free.

[Anonymous No.50540807]

>>50540730
Its funny because they aren't even lewd picture, just the face of a W O M A N.

Gues someone here is mad being reminded he will never be a W O M A N

[Anonymous No.50541245]

>>50539732
>He's an engineer
As is EMO Koolaid pumper DrJimJones.
>tHe MaTh Is ThE mAtH

[Anonymous No.50541296]

https://www.zerohedge.com/markets/russia-and-china-officially-announce-new-global-reserve-currency

Open your eyes, its happening

[Anonymous No.50541343]

>>50539744
>unless the charts I'm gonna look at in about an hour scream it at me
Did they? Or is the crab still looking strong

[Anonymous No.50541654]

these threads made me choose commods over FX for my grad job. i think i made the right decision its so much more interesting than just looking at interest rates

[Anonymous No.50542041]

>>50540807
The sad life of the /biz/ Janitor

I have a feeling it's one of the gold/silver hating crypto bulls on this board, because he only seems to spend his time cleaning up our thread even though he could do so much more work for free if he applied the same standards everywhere else.

[Anonymous No.50542306]

>>50539744
Of that 40% energy, I was going to put 20% into uranium, and 10% in oil and 10% in gas.

Should I instead do

20% uranium
80% metals

[Anonymous No.50542610]

>>50537663
Oh, noes, another @mikeymike426, a.k.a. @insidexplr, takes a dump on news of a roll back. The low-tide leftover pumper strikes again, this time with Walker River Resources and its lifestyle CEO, Michel David. Helped by notorious CEO.ca pumper, @RockedRed, WRR hit CAD$0.14 in April in anticipation of drill results from its Lapon gold project. This week it traded as low as CAD$0.035 on news of the 1-for-6 consolidation. Junior mining CEOs, their promoters and associated pump-and-dump artists are the sleaziest operators of all the markets.

[Anonymous No.50542878]

>>50539301
>How does Andy know so much?
he figured stuff out himself over the last 20 years + he is an engineer so he's relatively intelligent anyway

that being said i think Andy's trade is over for a while as commodities dont do well during a recession. and i'm skeptical as to the commodity supercycle for this reason: people simply dont care about commodities - everyone wants the new exciting technology companies

let's be honest in here - none of you gave a flying fuck about commodities before Covid either. the only reason you "care" is because you are seeking to profit off something and you think commodities will be bid up in the future

[Anonymous No.50543005]

>>50542878

To be fair no one would give a single fuck about Tesla, Bitcoin, Netflix or Apple if they didn't go up a fuckton over the recent years.
What makes any field attractive is getting a lot of money and that's about it. No one truly cares about any field beyond increasing their profits.
Main reason for some commodities going up aside from rations, is that the fundamental situation with for example energy is simply fucked due to lack of investment into the infrastructure and the green laws making commodity extraction practically impossible.
I agree with you that commodities will at least initially get fucked hard when the greater markets get screwed, as we have seen happen so far, but energy sector along with multiple other commodities going up when the money finds a new home is pretty much an inevitability.

[Anonymous No.50543265]

>>50537857
>>50537663
Don Durrett gave a 3 hour interview on Spaces. Dude gave away like 20 picks and 10 baggers

https://twitter.com/LibertyOffense/status/1551046726265409538

[Anonymous No.50543719]

>>50543265
>gave away like 20 picks and 10 baggers
Trying to eke out a little bit of profit before he dumps

[Anonymous No.50543949]

>>50543005

i'm skeptical that commodities will ever catch a "normie bid" and see huge gains like we saw with Apple, bitcoin, Tesla, etc - simply because commodities are nothing new. the reason something gets "commoditized" in the first place is because everyone can do it and its nothing special.
i saw this happen in the cybersecurity space with things like switches, routers, firewalls, access management, etc - when these were newer technologies they were the hot products, but fast-forward to today and every tech / networking company can make these up to a good standard - they are commoditized and nothing special anymore

these commodity bulls are starting to sound a lot like the goldbugs - its all doom and gloom, global shortages, SHTF any day now and commodities will skyrocket because "the world will be brought to its knees by a supply and demand imbalance."

ok let me tell you what's going to happen with the supply / demand imbalance: the rich countries are going to suck up all of the resources and the poor countries will simply go without, fuck your demand. the West will not pay 150$/bbl for oil and the poor countries simply can't afford it anyway so their "demand" doesn't even count. you get up to just 120$/bbl and Americans are ready to impeach the President, prompting the gov't to do whatever it takes to keep prices low, even if that means fucking over some other countries in the process

the 10x in commodities has already happened and a lot of them haven given back all of those gains already. energy is the last survivor but its bleeding off every day. i think Gold has the best bullish case for any of the commodities at this point in time, but Gold itself is not really a money-making instrument. its designed to simply "store value" not make you money, per se. Gold is "bullish" in that it will go down the least, not that it will go up the most

1/

[Anonymous No.50544037]

>>50543265
I listened to some of it and noticed that he liked Internation Tower Hill even though they aren't permitted yet and it will take a couple of years. Sure it's cheap at US$110M for 13.6Moz of M+I and 9Moz of reserves, but it seems extremely marginal. 0.65g/t reserve grade at 1.2 strip, sure that could work perhaps it's a big project. But then you see recoverable ounces are 6.43Moz, that's a 71.4% recovery rate, awful. 0.46 g/t recovered, and there's a 3% royalty as well. And you have a huge $1.93B capex for just 306koz/y production over LOM.
No wonder they got a $1171 AISC on the study, that as per usual is probably going to be higher in reality.
Moneta Gold seems like a better choice for that type of play, you pay a couple $ more per ounce, but the ounces seem much more likely to be economical. Much higher grade and recovery rate, albeit at higher strip as well.

[Anonymous No.50544115]

>>50544037
I suppose the project could make sense if when Kinross' Fort knox mine finally runs out of ore (probably decades from now) they could then dismantle their facilities and drive it up to the Livengood project that's only 60 miles away. Perhaps that would make sense. But that's probably going to be a good while.

[Anonymous No.50544173]

>>50543005
>but energy sector along with multiple other commodities going up when the money finds a new home is pretty much an inevitability.

the 2nd reason commodities are not likely to catch a huge bid is because this "money rotation" theory that Andy sets forth demonstrates a lack of understanding of how the investment industry is set up. MOST of the invested money is now in passive ETFs and index funds. when people in developed countries go to work, get a paycheck, and contribute to their retirement accounts - all that money goes into a passively managed index fund, like Vanguard's - VOO or the SPDR S&P 500 trust - SPY

so MOST of the world's investable money is basically going into SP500 index funds, ETFs and similar products. If you look at what companies comprise the SP500 - there are not many commodities compared to tech, financials, health care, etc. Oil & Gas comprise only 4.5% of the SP500

i can't imagine a situation that would cause these fund managers to re-arrange their flagship investment products to include a significantly higher amount of commodities. the picture i've attached is THE NORMIE MONEY - and they have most of it. this normie money WILL NOT rotate out of tech. they will never sell AAPL and MSFT so they can buy MRO or OXY instead. never

[Anonymous No.50544257]

>>50543005
>To be fair no one would give a single fuck about Tesla, Bitcoin, Netflix or Apple if they didn't go up a fuckton over the recent years.

yes they would. Apple gave them the iPhone and the iPad; Tesla gave them the first "cool" and fast electric cars; Netflix gave them the ability to stream a shit ton of movies and shows directly to their house without having to rent them from Blockbuster anymore.
these companies, whether you like them or not, have actually given something new to the people that they didn't have before. commodities simply don't do that - they are just the basic building blocks you need to make a physical product. but the genius and the invention came from those companies, not the commodities used to build the products

commodities are old news unless you can find a new exciting use for one of them. like maybe battery technology makes significant advances so battery metals will become exciting again and get some normie money

[Anonymous No.50544268]

>>50543265
Pretty stupid the way he talks about how companies should just increase cash on their balance sheet because they would then get valued like Kirkland Lake. If Coeur and Hecla just paid off their debt they would instantly be valued like KL! What a dumb thing to say. The difference main between the companies isn't the balance sheet, it's the earnings. KL was printing money and had long mine lives + mgmt had shown they were very competent, the other two companies makes no money, that's why they are valued differently.

[Anonymous No.50544420]

CFTC net long positions

[PAN MAN No.50544450]

>>50540420
probably gone dormant due to no funding.

[Anonymous No.50544905]

>>50544173
Fund managers wouldn't have to rearrange their products for money to flow into the commodities sector. If commodities continue to rise in price and tech stocks continue to stagnate, one would expect commodities-related businesses to outperform tech. If this happens (not saying it will), commodities-related businesses would increase their representation in the S&P 500. Managers at Vanguard wouldn't have to change anything.

[Anonymous No.50546112]

>>50544905
>If commodities continue to rise in price and tech stocks continue to stagnate, one would expect commodities-related businesses to outperform tech. If this happens (not saying it will), commodities-related businesses would increase their representation in the S&P 500. Managers at Vanguard wouldn't have to change anything.

no, the commodities companies would only be able to increase their representation in the SP500 if their market cap was able to increase. the only way to increase your market cap is to have more people buy your stock and for a higher and higher price. what i'm saying is - where is that money going to come from?

you have active retail traders and active hedge funds who will bid up those commodity stocks to a degree - but eventually their buying power will run out because *most* of the money / buying power is in passive funds that will continue to buy tech, every 2 weeks when regular working people get paid and contribute to their pension / retirement via automatic deductions

[Anonymous No.50546263]

>>50546112
Who sold off the S&P 20-25% since November?

[Anonymous No.50546309]

>that video of Andy rotating his silver, gold, and platinum for unlimited gains
Does that actually work?

[Anonymous No.50546311]

>>50546112
Why is Netflix down 70% if it's in the S&P?

[Anonymous No.50546435]

>>50546263
>Who sold off the S&P 20-25% since November?
the active hedge funds and retail. and the actual statistics are the SP500 is only down -15.5% since November

>>50546311
>Why is Netflix down 70% if it's in the S&P?
because they're hemorrhaging subscribers to shit like disney+

[Anonymous No.50546462]

>>50546309
>that video of Andy rotating his silver, gold, and platinum for unlimited gains
>Does that actually work?

no because platinum may or may not be relevant in the future. he is assuming what happened in the past will happen again, but we have had major technological developments since then. platinum might never be relevant again unless we can find a really good use for it

[PAN MAN No.50546809]

https://www.mining.com/web/graphite-deficit-starting-this-year-as-demand-for-ev-battery-anode-ingredient-exceeds-supply/

Graphite supplies world wide are loosing ground against demand, have we seen any worth while graphite explorers in North America? There are a lot out there in asia but i am not sure if any arent associated to china.

[Anonymous No.50547196]

>>50541245
Andy is the good kind and jim Jones is the retard kind. Andy actually understands markets and the way stocks pump.

[Anonymous No.50547207]

>>50546435
My mistake, I thought it had peaked in November with BTC, but it actually peaked in January and the bottom in June was about -25%.

If automatic 2 week buys into passive index funds are the overwhelming driver in the market, why would you ever see an individual stock, like Netflix, diverge so significantly from the index, though?

[Anonymous No.50547225]

>>50541343
I'll have them posted before I go to bed tonight.

>>50542306

Just my personal opinion, I would divide it equally between oil, uranium, gas, and metals but I would wait for oil to stop crabbing before I went in. Fed meeting next week could cause everything to dump but I don't think so. My gut tells me now is the time to have posistions in uranium and metals.

[Anonymous No.50547247]

>>50542878
I've always cared about commodities and have been interested in them since age twelve when I researched my first helium stock and looked up how to invest. I followed that market for about a solid month back then but with no money I was never able to turn it into anything.

Its not a phase mom.

[Anonymous No.50547257]

>>50543949
Oil will catch a normie bid and uranium will catch a hedge fund bid followed by a normie bid.

[Anonymous No.50547276]

>>50543949
You're exactly right but the part you're confused on is where you think the US is a rich country. The US is going to get fucked hard. We produce nothing and other countries have all the resources. Come back to this post in three to six months.

[Anonymous No.50547308]

>>50544173
I just feel like your opinion is narrow minded and doesn't take into account scope of history longer than 15 years.

Hedge funds rebalance all the time and the s&p rebalance all the time. It's literally the S&p FIVE HUNDRED.

[Anonymous No.50547325]

>>50544257
>commodities are old news unless you can find a new exciting use for one of them

I think being able to turn your car on in three years will be pretty exciting. You don't understand the supply situation. We're fucked. Wait until the SPR is drained and Russia and China start flexing harder.

[Anonymous No.50547349]

>>50546112
And why would market makers continue to pour money into tech when it is losing money and oil is gaining money? No offense but I just don't feel like you get it dude. You have normalcy and recency bias. History, even recent history back in the eighties shows that is not the case.

[Anonymous No.50547637]

>>50547207
>If automatic 2 week buys into passive index funds are the overwhelming driver in the market, why would you ever see an individual stock, like Netflix, diverge so significantly from the index, though?
because netflix is losing massive market share. that is more like an exception, not the rule

[Anonymous No.50548070]

Gold will hit 1760 this week, but end it under 1680.

[Anonymous No.50548297]

>>50544173
The market caps in some commodity spaces like precious metals are so low that all it would take is one or 2 smart people with a lot of money to move things a lot. If Elon bought a silver producer it could set things off for instance. The market cap of the whole sector is actually incredibly small.

[Anonymous No.50548377]

>>50548297
And historically under invested. Oil stocks used to be something like 20% of the S&p and now that number is like 2%.

Same with gold. Used to be 3% of investment demand in United States and now its like 0.5% or something.

A mere return to the mean in terms of market share would be a 10x and a triple respectively.

[Anonymous No.50548390]

>>50547276
Doesn’t america produce more oil than any country in the world?

[Anonymous No.50548703]

>>50548297
>The market cap of the whole sector is actually incredibly small.
yes, because you morons don't know what a major silver or gold producer looks like.

protip: they're a copper mine every fucking time.

[Anonymous No.50548730]

>>50547276
>We produce nothing and other countries have all the resources
this has been the case since WWII. The same time period in which we became one of the richest countries in the world, driving the economies of the richest countries.

producing things and having resources is NOT how a country gets rich. The fuck are you idiots thinking?

[Anonymous No.50549044]

>>50543265
>he is 62
>intend to be out of miner by 2025
I know understand why he is so diversified and focused on cashflow. At that age, you have invested and wageslaved all your life, you only need a good x5 and you're set until death.

[Anonymous No.50549061]

>>50548730
America does produce alot of resources though, it’s number 1 in a lot of commodities and agricultural products and in the top 5 of pretty much anything else. I don’t get where people get this idea from that america doesn’t produce anything from

[Anonymous No.50550023]

>>50547225
>I'll have them posted before I go to bed tonight.
Much appreciated

[Anonymous No.50550936]

what does china's nationalised steel manufacturing and resource conglomeration mean for western mining stocks?

[Anonymous No.50551182]

>>50546309
i'm really sorry to break it to you but andy is just another retarded who stumbled upon the commodities play (full credit to him because most ppl would never even bother to do the research) and is now invested it parting as many FOMOing fools as possible with their money in exchange for his "financial opinion".

[Anonymous No.50551389]

>>50543265
Look at Don's track record, he loved Aurcana and Great Panther too

[Anonymous No.50551497]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1101-nyse/nem/125297-newmont-announces-second-quarter-2022-results.html

Newmont 2nd Q earnings. AISC at nearly $1300 per gold eq ounce, even the majors are getting squeezed.

[Anonymous No.50551716]

>>50549044
if u need a 5x at 62 you're actually literally never gonna make it

[Anonymous No.50551774]

>>50542878
>he is an engineer so he's relatively intelligent anyway
LMAO

[Anonymous No.50551877]

>>50549061
Boomers love the money printers and the loath working. They are cancer and they all deserve cancer. The boomer utopia is to have infinite fiat, debt, and a future generation to saddle their misery onto
Sounds American as Apple pie right?
Remember this when a boomer needs anything. Don't help them. Instead, shoot their children, rape their wives, cook their dogs, and leave them in a freshly dug hole

[Anonymous No.50551930]

>>50548703
And this is due to price suppression of those metals. But obviously, since you're a boomer, that's a good thing. Just like regulating industries until America can't compete, right?
Freedom is slavery
War is peace
Ignorance is strength

Boomer motto

[Anonymous No.50552188]

>>50548390
Not right now you don't.

[Roman_Pirs12 No.50552233]

Haha, finally we have awesome AAA MMORPG with NFT integration

> Assassins Creed Black Flag Game Director is the CEO of the Game Studio
>Massive Multiplayer Online game
>Doxxed Team
>Plenty of the upcoming NFT drops

[Anonymous No.50552659]

Would you say the bottom is behind us now?

[Anonymous No.50552819]

EMOTF
EMERITA RESOURCES CORP US$0.70

[Anonymous No.50553048]

>''majors are safe, trust me, bro''
>buys NEM

[Anonymous No.50553137]

>>50553048
They raised AISC guidance for 2022 almost 10%, pretty grim. They had to enter into a profit sharing agreement with the union for their large Mexican mine which was probably a significant part of it. Uninvestable country.

[Anonymous No.50553850]

Another day, another example of gold market manipulation comes to light. This time, from an old BIS seminar

https://investmentresearchdynamics.com/uncategorized/daniela-cambones-dishonest-journalism/

[Anonymous No.50554332]

>>50553048
>>50553137
Even after the fall Newmont is still pretty highly valued (if you're not a gold bull). $36B mkt cap, they earned an average of $1.7B net profit over the last 4 years, that's more than a 20 P/E, they only have like 14 years of annual gold production in reserve if I remember correctly. Yes they may extend that organically, probably will, but they will also probably get fucked in one of their jurisdictions at some point.
They are also very focused on ESG.

[Anonymous No.50554582]

>>50552819
>tHe MaTh Is ThE mAtH

[Anonymous No.50554651]

>>50551716
he probably intend to pass some things I guess, a double should be enough if he was alone.

>>50543265
I'm listening right now, very good part start at 43min

>gains with Gold producer at 4k Gold. He say 10 bagger would be an understatement for a 100 MC company.

>He say First Majestic is a growth story, he believe they will become way bigger.

>Royalty company will be very interesting on the next leg-up, but not for the whole bullmarket.

>Mexico is no longer mining friendly, nowhere is safe

>the next leg-up will probably be 1-2years long until 2023-2024

>this is once in a lifetime bullrun

>>50552819
>>50554582
>have to update my meme
Hope you are reading this faggot, you shouldn't have mocked my Impact position

[Anonymous No.50554722]

>>50554651
>gains with Gold producer at 4k Gold. He say 10 bagger would be an understatement for a 100 MC company.
sorry misread, he said 5k Gold, talking about a 800 million mid-tier company.

[Anonymous No.50555094]

Hi, is this CEO, Keith Neumeyer? I’m requesting a full refund on a defective offer

[Anonymous No.50555479]

Rick's bags are getting heavy, only $699 bros and you too can have the honor of pumping Rick's bags

[Anonymous No.50555495]

>>50554651
>Royalty company will be very interesting on the next leg-up, but not for the whole bullmarket.
This commentary made no sense. Royalties/streams are only problems when the price of the metal is low, not high. I've never heard of a mine shutting down when the price is high because the mine owners thought it was unfair the guys with the royalties were making too much money lol. If the price of gold goes up, the miner will make much more money than the royalty owner, as they are better leveraged. Say price of gold doubles, the royalty owner will earn double, the miner will earn several times more money.
It's when the mine doesn't make any money a royalty/stream sometimes gets renegotiated because the alternative is a shutdown.

[Anonymous No.50555758]

>>50555495
Maybe you should listen to that passage, which make total sense, instead of trying to guess ?

You do you, its just a tip.

[Anonymous No.50555821]

>>50544173
Wrong,
They’ll do it late, as cattle do. Followers

[Anonymous No.50555879]

What's the scope for URNM?

[Anonymous No.50556015]

>>50555758
I did listen to it, how am I wrong?

[Anonymous No.50556133]

>>50555479
https://youtu.be/L1KuRpw6uts
who's watching this?

[Anonymous No.50556138]

>>50556015
You either didn't listen and are lying or you're just a dumb bitch.

Did you know Alexco had a fucking 25% streaming deal on their silver production ? With inflation, they would have produced coins at a loss. You think these guy will sell you a silver coins worth 100$ at 5$ ? All while paying shit tons on machinery and oil ?

Anyway, we already talked about this point countless times months ago, go read the archive.

[Anonymous No.50556169]

Would have bought so much if I was a boomer

[Anonymous No.50556208]

>>50556169
you would've already owned a lot if you were a boomer

[Anonymous No.50556236]

>>50556138
Don't be arrogant frenchie, especially when it's you who clearly doesn't understand. The stream was a problem for Alexco because they weren't making money, like I said in my post, this is when streams/royalties are a problem.
Don's point was that the royalty company would somehow have a problem getting paid when the metal prices goes through the roof and the miner is printing money. Can you tell me of a single instance of a miner shutting down a profitable mine because they didn't want to pay a royalty? Never happened. Miners will be increasing production if possible, when the price of metal is high, no matter if there's a royalty or not.

[Anonymous No.50556275]

>>50556169
Miners are supposed to go up/down much more than the metal price. Also they have copper production and that went down even more.

[Anonymous No.50556290]

>>50556208
I would be rich already, only thing that stopped me from investing a lot in 2020 was capital. Being a young poorfag is hard.

But DD here >>50543265 really woke me up with his comment on Gold producer at 5k Gold, forgot how high valutation will be in the future. I looks completely retarded trying to time an entry at 50 MC when the company is selling at 60 MC.

>>50556236
Again, you refuse to understand so I'm not feeding your retarded take. I'm not based small caps anon who spent his time explaining to dumb baboon some basics economic. Future will tell, hold your royalty until the end please.

[Anonymous No.50556356]

>>50556290
I don't even hold any royalty companies lol. My point is simple and you have already written a lot of words, if you could explain where I was wrong you would have done so already. GG no re, take the L frog friend.

[Anonymous No.50557009]

https://www.youtube.com/watch?v=dfi-2cw_gTw&ab_channel=StansberryResearch

Mad man Mannarino on Stansberry

[Anonymous No.50557114]

>>50557009
I swear he's stuck in some sort of groundhog day loop. Truly bizarre to see him give the same 15 minute rant twice a day since time immemorial. I like the guy, but Jesus... give us some stock picks or market commentary or something.

[Anonymous No.50557229]

>>50557114
I don't follow his channel, just watches him sometimes in interviews like this, seems like I made the right choice. He's quite the character though, intertaining to watch once in a while.

[Anonymous No.50557304]

Walmart getting fucked again. Recession narrative will come back in force.

[Anonymous No.50557518]

https://www.youtube.com/watch?v=jxF-Q8riTKU

Incredible interview from based Luke

[Anonymous No.50558045]

Haven't been in these threads for like a year and I would just like to point out that investing in miners has been the single worst investment of my life. (Not counting shitcoin rugpulls). That is all.

[Anonymous No.50558095]

>>50558045
Blood in the streets?

[Anonymous No.50559016]

>>50557229
I listen to him in bed to fall asleep, ranting about the FED creatures wanting to own it all.. Like a bedtime story for adults.

[Anonymous No.50559138]

What is the connection with walmart and recession and is this good for us?

[Anonymous No.50559300]

>>50557009
This general should have the sense to disavow boomers like this who keep repeating the same tired shtick each time. Instead you put their fucking faggot names in the OP.

[Anonymous No.50559650]

>>50559138
The walmart sharter is a bellwether for the economy. Yes sooner or later it will be good for gold. Higher inflation and the stock market and bonds will have poor returns which will have more people turn to gold.
>>50559300
What should we put instead?

[Anonymous No.50560323]

>>50559138
Hopefully oil stocks will come down more.

[Anonymous No.50560597]

>>50559650
>instead
For starters put someone who actually fucking does actual fucking macro like Snider. I've mentioned this before but no one took it seriously. Even the tranny Lyn Alden does actual macro. All of those fucktard boomers in the OP are copium dealers with the same droning boring style about how "da Beeg banking cartel bulli us, soon(tm) we will be rich in 2 more weeks, trust da plan".

[Anonymous No.50560946]

>>50559138
>What is the connection with walmart and recession and is this good for us?

we need to up the fucking IQ in this general or its dead. this type of question should not even be being asked at this point

walmart sells consumer goods you need for every day living, similar to amazon. walmart and amazon are basically representative of the consumer goods economy as a whole, of which 70% of the US economy is based. if their sales shit the bed, it means people are cutting back because they can't afford to buy more shit, which means they're broke. broke people = recession

>is this good for us?
what do you think happens to commodities in a recession.

[Anonymous No.50561921]

>>50547637
It's not an exception, though. Tesla is down 35% from its high, Micron is down 39% from its high, Disney is down 35% from January and 50% from its high. There's clearly a large degree of variance of individual stocks within the S&P 500. Your assertion doesn't seem to hold.

[Anonymous No.50562315]

>>50560946
maybe even more printing and hyperinflation then? they seem to want to avoid a recession at all costs, going so far as to change the definition even.

[Anonymous No.50563160]

>>50558045
Still better than my -98% oil baghold from 2015 to 2022.

Thanks Baytex.

[Anonymous No.50563212]

Will I make it bros

[Anonymous No.50563348]

>>50563212
well you won't lose it that's for sure. Probably not going to make it tho

[Anonymous No.50563361]

>>50562315
They can't avoid a recession. Enormous amounts of helicopter money would delay it for a little while, at the cost of drastically accelerating a total collapse.

Changing the definition is realistically all they can do.

[Anonymous No.50563423]

>>50563348
What should I add?

[Anonymous No.50564254]

Have put my order, selling my PENMF for a 50% gains at .15CAD

Will be out of Uranium if my bid is filled. Too many PM stocks undervalued and a crash is probably coming, might as well take my gains, hold for 1+year; time to rotate that money.

[Anonymous No.50564402]

>>50564254
>6am
I meant 0.20CAD which is 0.15€

[Anonymous No.50565961]

Bumpu

[Anonymous No.50565999]

bumbah

[Anonymous No.50566061]

>>50560946
>what do you think happens to commodities in a recession
they crash along with everything else. were we too early bros?

[Anonymous No.50566160]

>>50558045

[Anonymous No.50566234]

>>50560946
>we need to up the fucking IQ in this general or its dead. this type of question should not even be being asked at this point
For real. Start with removing the boomer channels in the OP. Sends out the wrong message. We are not /pmg/ spastics.

Focus more on macro because once weak hand faggots see the bigger picture they will reduce their screeching.

Also people don't really talk *a lot* about the uranium play, it has as much potential as silver if not far more.

[Anonymous No.50567946]

>>50566234
I’ve entered uranium when the media mentioned Putin stationing troops at a nuclear plant. I’m assuming they’re trying to pull off the same shit as with wheat or oil.
>Putin bad oh no, prices are rising bcuz of him (btw we bought some before the pump)

[Anonymous No.50568312]

>>50567946
Yall need a uranium insider subscription. Seriously. Shell out the cash. It's worth it.

You should not be selling uranium right now and the Russian angle is much deeper than you realiz.

[Anonymous No.50568337]

>>50537663
bump

[Anonymous No.50569120]

>>50568312
>uranium insider subscription
I dunno what you mean. I just do the opposite of what the media says. German news are extremely bearish for nuclear energy and say gas is the way. You know what that means. They’re dumping gas and acoomulating uranium and want you to think otherwise

[Anonymous No.50570516]

>>50568312
>uranium insider subscription
You have to go back

[Anonymous No.50570625]

>>50566234
You have the elites actively trying to kill off half of the world's population... What makes you think that countries are going to be allowed to build all of these nuclear reactors? Every other week the WEF is telling people to stop eating meat, give up air conditioning, you shouldn't have your own car... I don't see a scenario where these countries are going to be allowed to build up their energy producing infrastructure.

I'd be interested in uranium if it wasn't for this one giant issue

[Anonymous No.50570818]

>>50570625
They have high tech ideas like nuclear it's evident with the importation of all those doctors and engineers from Africa to white countries

[Anonymous No.50570846]

>>50570516
Way to out yourself as a newfag lmao.
You have to go back to whatever shitcoin thread you crawled out of and kill yourself, in either order.

[Anonymous No.50570851]

>>50570625
That’s my thought too, but that doesn’t mean we won’t see a rise in uranium and the inevitable fall to irrelevancy once again. In the end, the big guys just want to make money. And uranium seems like a market that they haven’t actively manipulated for gains yet.
That’s how I personally perceive the whole market - if it can be exploited at the expense of the lower- to mid-class, it WILL happen eventually. You just need to know what market has been untapped.
Like wheat or gas. Precious metals are not the commoner’s playtoy nor a staple, so I don’t think there will be much potential in those for the future. Food, petrol, medicine - they’re already priced in and milked. Now we are at energy, so uranium or natgas with solar and wind being useless (because you can’t manipulate the sun or wind so easily to your own profit). Natgas has seen countless bullish circlejerk news recently, with no talk about uranium, and if there is news about uranium it’s a subtle “yeah, it’s not really a good idea”.
They are accumulating

[Anonymous No.50571381]

>>50570516
I've been posting value to the thread for over the past two years. You are a nobody and can fuck right off. You will never make it.

[Anonymous No.50571388]

>>50569120
You need to be able to understand the depth of the uranium market. Uranium insider is the only source that lays out the picture. You guys are only on surface level. Nothing against you but you're missing critical information. You should not be selling right now.

[Anonymous No.50571410]

>>50570846
>>50568312
Is the subscription really worth it? i just watch him, andy and scott on youtube. And parse what they say on twitter.

[Anonymous No.50571486]

>>50558045
Agreed, their incredibly awful performance amidst a bullish backdrop has surpassed any outcome I ever imagined

[Anonymous No.50572583]

>>50571381
>value
Lmao. Lol.

[Anonymous No.50572648]

>tHe MaTh Is ThE mAtH

[Anonymous No.50573427]

my GMTNF now has a larger loss than the Horse, im simply amazed and the fire can no longer burn me.

[Anonymous No.50573739]

>>50573427
I'm quite tempted to buy since it's so low...

But their production isn't that high and management proved to not be trustworthy. Might be just better to open new position with explorers

[Anonymous No.50573901]

>>50558045

Atlas
Vulcan
Snowline
Goliath

>only green in my near 50 stonkfolio

[Anonymous No.50573926]

>>50573901
>50 stocks
how much capital if I may ask ? Trying to know how much sizing is needed

[Anonymous No.50574118]

>>50573926
around $260k, but of course the ones doing okay are ones I added later when money was running out and the smaller positions

[Anonymous No.50574138]

>>50574118
Yeah knew it was high. Only 35k here, can't afford so many positions.

[Anonymous No.50574242]

new hopium kino just came out
https://youtu.be/uR9JAUKgWNc

[Anonymous No.50575054]

Opawica gang, I'm starting to feel like we may be in for some fraud after more closely looking into the insiders and sister companies. Unfortunately I'm too far in the red to exit, and before buying in I had somehow focused only on the company itself.

[Anonymous No.50576593]

i'm shorting CORN

[Anonymous No.50576613]

Microsoft getting recked.

[Anonymous No.50577041]

>>50576613
>Microsoft getting recked.

no its, not. its up after-hours by a smidge

[PAN MAN No.50578235]

https://www.mining.com/web/mmg-exploring-annuity-payouts-as-las-bambas-tensions-continue/

https://www.mining.com/greenland-minerals-to-fight-draft-rejection-of-mining-permit-for-rare-earths-project/

[Anonymous No.50578582]

>>50571410
Yes. The macro is much deeper than most people understand. The news letter is worth it and the members webinars.

[Anonymous No.50578599]

>>50572583
Yeah faggot. That's what I said. Value. Ever contributed it? I do it for free all day every day.

[Anonymous No.50578614]

>>50574138
Honestly if you turned you portfolio into two or three solid posistions you might do a lot better. Find the best silver play, the best gold, the best oil, the best uranium

[Anonymous No.50578724]

>>50578614
>Find the best silver play, the best gold
No idea on these. If I had to guess for gold, blue lagoon.
>the best oil
ATHOF
>the best uranium
ENCUF

[Anonymous No.50579266]

Blue Lagoon bros… please hold me and tell me things will be alright

[Anonymous No.50580566]

>>50578724
That's what I would do.
I'd just pick from these.

Impact silver (probably this one)
Abrasilver

Encore energy

Athabasca oil.
Crew energy.
Crescent point.

Blue lagoon.

Gogold.


I'd try to get cash producing ones so that would be impact. Gogold. Encore will be producing within six months and I have such high faith in them I wouldn't be worried anyway.

Athabasca or crescent point are also cash flowing.

[Anonymous No.50582570]

>>50563423
TECK resources

[Anonymous No.50583688]

>>50578614
>>50578724
I thought the same, about producer, in 2021 when I started investing, I focused mainly on producer/near-term producer. But after experiencing this 24 months downturn, I don't think it's the best idea since we will go up to 3k gold then down again to 1k8 before the real run to 8k+. It might be better to focus on Explorer for now then Producer on the big leg up after the next correction...

I've some bad picks I can't get rid off but I'll be able to do it in the next leg-up so I'm not worried. Its too late to focus on only 3 pick thought, should have done that. I'll only add explorer now until the next leg-up, looking atm at Golden Sky Mineral, Finlay Mineral and Copaur; seems strong and high potential.

[Anonymous No.50584361]

I like uranium personally

[Anonymous No.50584456]

>>50583688
Where are you from friend? Always wanted to ask.

[Anonymous No.50585750]

For the uranium thesis i dont think ive seen so much discussion on the actual reactors. In a energy crunch old reactors will be restarted, but what will new types will be built? In Sweden which has behaved sort of like Germany we can see the shift now that energy is starting to get expensive. Politicians that were in power and phased out nuclear are starting to talk about small scale reactors. I think this will be a important aspect from "green" parties around europe. They cannot just do a 180 and be pro nuclear, they have to somehow also win. I think they will do it by only betting on SMRs. Any stocks tips except nuscale and rolls royce?

[Anonymous No.50586533]

>>50552659
Save the rat anon.

[Anonymous No.50586576]

>>50556356
These vote. These parrot 'trust the science'.

[Anonymous No.50586915]

does anyone remember my posts about bannerman last week?

>>50478394
>>50478415
>>50480280
>>50480292
>>50480304
>>50480312
>>50482674
>>50482685
>>50482772

so, I contacted degiro and so far they haven't replied.
but I also noticed something. pic related. bannerman energy, previously bannerman resources, hasn't been trading since 19/07. so, basically since the situation I talked about in the last thread happened.

does anyone know what's going on?

[Anonymous No.50586962]

>>50586533
>>50586576
>>50556356
Based thot patrol is alive and well in cummieg
>>50556236
Kek, Indian Muslims are extremely based and among the nicest people I've met irl

[Anonymous No.50587466]

>>50574242
Good video

[Anonymous No.50587547]

>>50579266
Of course it will
I'm strapped in ready to go

[Anonymous No.50587682]

i smell capitulation
buying time soon, maybe next week
on my list:
newmont
barrick
kinross
fresnillo
rio
bhp
glencore
vale
sibanye
will spend 50k

[Anonymous No.50588844]

bump >>50586915

[Anonymous No.50588956]

>>50586915
They probably removed their listing on the Euro exchange you bought from, you should still have the shares. Perhaps you can get them to sell it for you since you can't access their main exchange (I assume). That's why I never buy secondary listings on euro exchanges, theres no volume either.

[Anonymous No.50589325]

>>50573901
>Vulcan

This is my current gem. Investing in that whole chain

[Anonymous No.50589736]

>>50589325

That glorious bugger is basically the only green thing in portfolio at the moment.
I already own Vulcan. Now I'm debating whether to buy salt next month or just add more of Vulcan.
Not sure if there's any real benefit to buy Salt though, especially since with Vulcan there's the high likelihood that they're going to pay out the sold Salt shares as a special divy when that company gets taken over.
On the other hand there's the triple point spinoff with Salt so there's that.

[Anonymous No.50589867]

[Anonymous No.50590099]

>>50589325
>>50589736
Atlas will get you .3 shares of the coming spinout, but Vulcan does seem like the better deal now. Vulcan should 3x minimum from here when Atlas gets bought. I wish I had more of both

[Anonymous No.50590128]

>>50589736

I've been dipping more and more into vulcan. I had some Stellantis but I dont have a huge amount of capital to allocate to stocks so I'm debating whether I should spread out in the chain or just create a really strong position in vulcan.

[Anonymous No.50590213]

>Coinbase today: $56

[Anonymous No.50590331]

When will the meeting begin, and will we dump or finally pump?

[Anonymous No.50590406]

>>50590331
2 ET, $1800 again would be a nice start

[Anonymous No.50590577]

>>50590331
spot price is a meme
will go below 1200 before anything happens

[Anonymous No.50590594]

Updating you all that I took small 1/3 positions back in oil today. Athabasca. Crew energy. Crescent point.

[Anonymous No.50590635]

>>50585750
Why don't you want nuscale? They are the only patented design with specific approval by the department of energy? only 15% of float available and partnerships with Samsung?

perfect example of why you guys need uranium insider subscription.

[Anonymous No.50590652]

>>50586915
Degiro more like Denegro am i right?

[Anonymous No.50590665]

>>50590594
What made you choose only 1/3? DCAing back in?

[Anonymous No.50590737]

>>50590665
Yes, I'm hesistant for a further drop due to the fed meeting today. However, earnings are released for athabasca today and I am motivated to get ahead of that, since we all know they will be good.

[Anonymous No.50590742]

>>50590331
dump until the pivot

[Anonymous No.50590825]

>>50590737
Makes sense, thanks

[Anonymous No.50591391]

Rick Rule is finally starting to go all in. He probably has another big tranche or two to buy after this next FOMC meeting and GDP numbers.

https://www.youtube.com/watch?v=DZDwtSnDy6k

[Anonymous No.50591432]

>>50590635
I think you need some reading comprehension, nowhere in that statement did i say i did not like nuscale. All i am asking for is if anyone knows of stocks/companies that are correlated to the price of uranium without producing uranium. Im trying to further the discussion.

[Anonymous No.50591659]

>>50590213
God I hate him

[Anonymous No.50592283]

>>50584456
France, near based small caps anon's UK. Dont need to ask about you Red, we all know. Wish you big success.

>>50586915
Can't say honestly, wait for a reply. At worse I think you can call ?

>>50587682
>on my list
Golden sky minerals, Finlay minerals, Copaur, CMC metals, Surge Copper

>>50590331
dump, then up to 2k, then down to 1k8 then up to 3k. Dont know the timing though so just DCA like a dumb nigger and win no matter what.

>>50591391
based

[Anonymous No.50592859]

>>50591432
>reading comprehension

You will get the reading comprehension level of attention that I give and you will be happy.

[Anonymous No.50592874]

>>50578582
I have now around $18k in Uranium and follow this guy since last Year. Never bothered because he is invested longterms and I‘m already on the boat. Dont know if I want to spend $600 but maybe I should to get a better exit.

[Anonymous No.50592894]

>>50592283
>wish you big sucess.

Im trying. Thanks. You too. Lol

[Anonymous No.50592930]

>>50592874
It's worth it. The information pool is superior in depth. Even someone who considers themselves "well informed" would only rank about 30% to uranium insider.

If gold goes up big in the next week or two I'm buying a Gary savage subscription. He called it.

[Anonymous No.50593350]

>>50592930
>If gold goes up big in the next week or two I'm buying a Gary savage subscription. He called it.
Same.
I'm sad I missed the athabasca pump today but like you say we've still got the fed meeting to go. I've put a lot of my energy profits into my gold/silver positions in anticipation of a coming pump since Savage called the bottom. Impact has went from my 4th biggest position to my main position by a fair bit.

Risky really given how manipulated it all is as they're obviously going to try to stop it, like he says you just can't trade against the cartel, but I think we'll at least still be able to bounce off of the 2k resistance before long, we'll see in 2 hours I guess lol

[Anonymous No.50593838]

>+75 points
Lets see how market react
>it won't

[Anonymous No.50594523]

>>50593838

[Anonymous No.50595440]

Gold pumping

[Anonymous No.50596358]

>>50578724
>that shirt

[Anonymous No.50596516]

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

very based gary

[Anonymous No.50596944]

Anyone here looking at Canagold? Just picked up some today. They have 1Moz at 10+ g/t and that's after accounting for 20% dilution. PEA at $530 aisc, which is optimistic I'm sure, but I think this has a good chance of being a sub $1000 aisc mine. US$20M mkt cap. They will update their resource later this year I believe and begin a FS.
Resource is wide open at depth and they just intersected 7.5 g/t over 18 meters 50 meters below their resource.

[Anonymous No.50597115]

>>50596944
they will produce in 2050 with a 500million $ CAPEX

[Anonymous No.50597257]

>>50597115
I think capex in the PEA is US$111M. Mill is sized at 750 tpd and they are talking about an increase. At 1ktpd and being more realistic I still think they could do it for US$200M, which would be a relatively low capex for a 100koz mine compared to OP projects. Their timeline is 2 years to be shovel ready, 3 years may be more likely as they won't apply for permit until next year. They just had a proxy battle for control of the company and some fund called Sun Valley won control and placed 3 directors on the board that seems to have a lot of experience. They were unhappy with how slow previous mgmt moved the project forward. They also wanted to do a PP at 32c for hard shares and even higher to fund more drilling and the FS in June while the stock traded at 26c, but the previous mgmt didn't want to do it because they wanted to limit their ownership. So we could see a raise at a premium to current stock price soon.

[Anonymous No.50597335]

>>50597257
>s and even higher
for flow through shares*

[Anonymous No.50597481]

ATHOF?

[Anonymous No.50597539]

>>50593838
It will and it did. This is the pivot. Jeff Snider called it pretty well. Pivot will happen in Q4, possibly even earlier (that means this quarter). Afaik, most fintwit/YouTube faggots are calling for a pivot to happen in Q1 2023 earliest or later in 2023.
Buy gold/gdxj.

[Anonymous No.50597686]

>>50597257
meh, I'm done buying devlopper, I learned my lesson.

>>50597539
I love being wrong. I'll keep DCAing every paycheck like a dumb baboon, don't care about timing.

[Anonymous No.50598246]

Kinross earnings out. They are being squeezed by higher costs just like Newmont. $1341 AISC, expecting it to drop in H2 though due to higher production. $37M adj net profit.

[Anonymous No.50598269]

AEM earnings looking pretty good at first glance. Up 6% in postmarket. AISC of $1026.

[Anonymous No.50598419]

>>50598269
Probably due to extending Detour mine life by 10 years.
>Detour Lake Mine update – A recently completed technical evaluation shows increased mineral reserves, a more robust mine plan and potential for exploration and production upside – Among other things, the new technical evaluation lowers the mine plan's risk, extends expected mine life by 10 years to 2052, increases gold reserves by 38% (or 5.6 million ounces ("Moz")) to 20.4Moz (835.1 million tonnes at 0.76 grams per tonne ("g/t") of gold), increases recovered gold by 38%, increases production in 2028 to 2031 by 0.4Moz (reduces a dip in production that was in previous mine plan), increases production in 2032 to 2042 by 1.8Moz, increases production in 2043 to 2052 by 3.0Moz, has higher average grades and lowers average costs for period between 2022 and 2042. The Detour Lake mine continues to have strong exploration upside primarily to the west and at depth, suggesting potential for an underground mine and extensions to the current open pits. The Company is evaluating additional scenarios to potentially increase mill throughput beyond 28.0 million tonnes per year ("Mtpa") after 2025. In addition, the Company is assessing the potential for Detour Lake to increase production to 1.0 million ounces or more per year. The Company expects to have an initial assessment on this potential completed in late 2023
Absolute beast of a mine that is. Don't follow the company much myself, too little leverage paying $18B for 3.3Moz of production.

[Anonymous No.50598479]

Alamos Gold also reported, they came in at $1170 AISC. Gone are the days of $1000 AISC.

[PAN MAN No.50599517]

>>50596944
CanaGold is interesting for their New Polaris Mine in Northern BC. Its remote on the Taku River, difficult but amazing country. The Polaris mine was run in the 50s than abandoned, its got a serious cleanup bill going with it, so consider that when looking at that specific property. Its also on radar for a lot of environmental groups due to acid drainage issues at other nearby ruined mines. Its geology is pretty similar to a lot of other BC coast mines, I ll look over the reports again if anyone is interested.

[Anonymous No.50599922]

>>50579266
Mega pump imminent

[Anonymous No.50599944]

There was a discussion about Opawica explorations in the last thread and I mentioned that it was a good risk/reward play long term but that some fishy stuff was happening lately and buyers should hold off short term. When I first bought into Opawica I really just looked into the company financials, properties, and CEO, but more recently I've been looking at the other insiders and investors and I've got to say that it is looking really bad. There is a dude on the ceo page who is issuing some kind of accusations but clearly isn't confident in the interpretation of his findings, and so is being vague and washy, but that's what prompted me to take a closer look at the company. I know that I'm not the only one here who has a position in Opawica and so it'd probably be in your best interests to do a bit of investigating if you are an investor.

[Anonymous No.50600299]

>>50599944
I'm really not sure how far this goes - the best case scenario is probably just that a slew of the company insiders and investment firms are super slimy. I'm not going to bother giving my worst case scenario because I have no real evidence.

It seems like a number of the Opawica insiders are also all involved with the same dozen or so companies. Basically there are a host of explorers, and then a few investment companies that are involved with those same explorers. Basically all of the explorers have been killed off and left as shell companies, with some of the insiders selling their shares privately at an above market rate to the investment companies that they are involved with. The investment companies are also used to acquire random properties that belong to other members of the board for millions of dollars. And there's a lot more but I'm already struggling to lay out my thoughts, so suffice to say that some really sketchy shit is happening here. Also, most of these companies are headquartered in the same office building.

I'd like to say that the CEO is clean, because he at least hasn't been involved with these shell explorers/ investment firms, but ultimately he does work with these poeple and has brought them onto his other projects.

[Anonymous No.50600314]

>>50599517
>its got a serious cleanup bill going with it
Actually the CEO says that they have no liability with regards to the old mine, and I don't think there's any acid leakage either from the one on their property. Like you said it's a long time ago they ran it. It's refractory ore so they did a concentrate back in the day and barged it to a smelter down in Washington. Apparently they lost their last shipment to a storm and it sank to the bottom of the ocean.
Canagold is working towards using BIOX on site though and will produce dore bars themselves. This type of stuff with refractory ore is something I don't usually like but with their extremely high grade even if milling cost is an entire g/t it still shouldn't be a problem. Kirklands Fosterville mine also used BIOX apparently, so it can definitely be succesful.
According to mgmt the geology isn't very similar to other mines in the area, it's a mesothermal gold system I believe they call it (I don't know anything about it), which should be more akin to red lake deposits. And they say these types usually go deep.
I would be happy to hear your take if you delve a little deeper into them again.
I think the turbulence from the proxy fight over control has depressed the share price. I believe Eric Sprott also sold out to that fund that has taken control (at a premium to market price). I think the new team will be eager to show their worth and get this thing going and promoted and the fund seems to be willing to fund them above market price. Also with the new resource coming out in a couple months we could see a big pump. US$20M mkt cap is nothing for what seems to be a million quality ounces, probably a bit more with the new resource. They also have a 2% royalty on the Getchell project (1% can be bought back). They seem to be having a lot of success with that. Should be worth at least $5M at this point imo, plus they have several more million coming in Getchell in final payments over the next 18 months.

[PAN MAN No.50600872]

>>50600314
wow how did they manage that i wonder? Thats a fantastic piece of news i hadnt heard of. Also interesting to know its a bit different ore deposit than what you usually see in the region, i was under the impression it was a typical VMS with epithermal structural alteration, will be reviewing these guys for sure. Them not having to clean up the previous operation is major, because otherwise it would be extremely costly. The property does have other issues though, its really remote, I dont think they have road access yet. Its a fly in fly out property.

[Anonymous No.50601140]

>everything goes up today
>this includes commodities
>andy makes a video bragging the commodity supercycle is here and he called it
kek.

[Anonymous No.50601210]

>>50599944
>>50600299

Looking at the financial statment of Origen resources, which shares some insiders with Opawica and is led by the same CEO. It's a similar small size explorer to Opawica, which is what makes it really bizarre that they invested large amounts of their cash position into other explorers. And what a surprise that those companies also share the same insiders. Invested 1 million dollars into forty pillars minings alone ( forty pillars now has a market cap of just 600k). Really shady. Any thoughts?

[Anonymous No.50601362]

>>50600872
They have some presentations easy to find on youtube, that's where I heard him say theres no liability. Yes it is remote which is a negative, no road access or electricity. They would be using mainly a diesel generator for the plant although he did mention something about hydro. That makes it more expensive to run, but at 10 g/t it really shouldn't be a problem. Milling/processing should be a small part of their operating costs, mining will be the big one. They aren't planning on road access either btw, they run the op out of a small town 100 km north, forgot the name. Will be fly in fly out op, but many mines work like that.
Worth checking out getchell for anyone interested, they recently hit some massive grades and they are drilling now. I think their royalty is worth easily 25% of their market cap already and that could go up further quickly if they keep hitting.

[Anonymous No.50601499]

>>50601140

I like Andy, but it's no wonder his short term game is so shit and why he has failed to trade the markets in the past.
His sentiment seems to change completely by the day depending on what kind of a candle the market puts in and he usaully ignores the reasons for the market movements.
It's clear he does see the general trend, but on his daily updates he's all over the place and seems to forget everything about that larger trend.

[Anonymous No.50601508]

>>50601210
It does sound shady. You really have to be picky with these companies so I would definitely just sell and find something with no red flags.

[Anonymous No.50601689]

>>50601499
>This will happen. And I will fight...I will give an opposing argument to anyone saying different
lmao.

[PAN MAN No.50601784]

>>50601362
oh yes plenty of places do use fly camps to operate, thats almost a given with BC projects now. Diesel power is going to be a problem, fuel costs have killed plenty of mines in BC through the years, Scottie Gold for one example wasnt worth operating when fuel prices spiked back in the day.
I ll need to double check if New Polaris has access to hover craft or river boat transport on the Taku River. That was how a lot of the mines in that region operated back in the 50s and 70s. Tulsequah Chief was a similar mine due north of New Polaris that has some interesting history to it that anyone interested in New Polaris should look into. Unfortunately its become a well known target for enviros looking to make mining look bad.
It will be VERY interesting to see if New Polaris gets going, there are a lot of remote properties like it out there that could get a new lease on life.

[Anonymous No.50602479]

>>50601499
He doesn't do enough DD on individual companies and he has some real stinkers in there. He shotguns and just buys everything but his macro and ratio charting is top notch.

[Anonymous No.50602504]

>>50601499
And I agree with what you said about his daily thing. His reference is either long term or immediate short term. He has no trend game. I think he's just trying to churn out videos ho estly or he's just uploading himself going over his daily charts and calling it an "update video".

[PAN MAN No.50604601]

https://www.mining.com/lucapa-finds-giant-pink-diamond-said-to-be-angolas-largest-in-last-300-years/

not often you see a pink diamond like this.

[Anonymous No.50606506]

Bump

[Anonymous No.50606628]

I’m hoping for some big gains soon

[Anonymous No.50607226]

>>50588956
>They probably removed their listing on the Euro exchange you bought from
I just checked and apparently bannerman also hasn't been trading on australia exchange, which is their main listing.

https://www.tradingview.com/symbols/ASX-BMN/

literally, what the fuck happened? they did a stock split and then delisted the company?

>you should still have the shares.
yes, I do.
does this mean that if in the future they get listed again my shares are still valid?

[Anonymous No.50607449]

So Bayhorse chuds. What went wrong? Why didn't you sell when the price was higher? What did you learn from this? Serious answers only please. Let's take this as a collective learning opportunity.

[Anonymous No.50607468]

>>50604601
A 132.5 ct rough pink diamond turned into 59.6ct cut went for 71m at auction in 2017. What will this one reach?

Providing it will also yield a 45% rough-cut ct ratio, taking into account a very rough 1.2x on the $ since '17, it might fetch around 109m.

Not sure tho if the pink star also is type IIa (Type IIa diamonds have no measurable nitrogen or boron impurities. They are the most chemically pure diamonds and have the highest thermal conductivity). If not, this one might go alot higher than 109m.

[Anonymous No.50607753]

>Andy
dont forget he's just a retail investor. he's not running billions and he does not know how to make money in a bear market. he needs *rising* inflation in order to make any money. during periods of disinflation (right now and until the Fed stops hiking), he is fucked. he's basically a QE baby like every other youtuber - these morons can't make any money without the Fed practically handing it to them

the guy doesn't even know how to do a basic fucking hedge and he is 100% correlated in his portfolio- that is a recipe to blow the fuck up. the only way he is able to hold on is because he got lucky and bought the absolute bottom in energy, so he was sitting on +300% gains at least on all his positions. so those have all bled off back down to +150% or so; its easier to hold on to +150% versus -50% if you bought in late

[Anonymous No.50608535]

bump >>50607226

[Anonymous No.50608702]

>>50537663
what is this pattern called?

[Anonymous No.50608720]

>>50607449
>What went wrong?
Horse baggies fell for a meme, that's what went wrong. The belief that the company was something special, reinforced by image board pumping, demonstrated an extreme naivete on the part of horsefags. Basic due diligence demonstrated that the CEO was simply a lifestyler who had delivered nothing but unfulfilled projections during his long tenure. But this board perverted the very definition of due diligence.

[Anonymous No.50608786]

Is there supposed to be another announcement soon that determines which direction things go?

>>50608702
What time is the slam jam?

[Anonymous No.50608941]

>>50608535
May have something to do with this
>Consolidation of Capital
On 14 June 2022, the Company advised it would seek shareholder approval to consolidate its issued
capital through the conversion of every ten (10) existing shares into one (1) share (Consolidation).
Shareholder approval was received at the Company’s General Meeting on 18 July 2022. The
Consolidation has been effected and Bannerman shares will trade on a deferred settlement basis until
Friday 29 July 2022.
https://bannermanenergy.com/asx-announcements/
Perhaps they start trading normally again tomorrow.
>>50608720
While I'm not going to defend mgmt, a significant part of the fail was also silver price doing poorly. These silver miners pretty much all need silver to go way up to be succesful and that is also what the investors were expecting.

[Anonymous No.50609102]

>>50608941
Kek. As if the "Silver Squeeze" wasn't a meme, too.

[Anonymous No.50609980]

Yep. I'm buying the gary savage subscription. Fucker called it again and nailed it.

[Anonymous No.50609981]

>>50608786
5:45 immediately after the spike upwards
7:20 second dump

[Anonymous No.50610022]

>>50607449
What you should have learned from bayhorse is that with miners the first time time a problem comes up you immediately cut rope unless there is an excusable reason for the issue.

[Anonymous No.50610908]

>>50607449
waiting for it to go even higher. they went above 0.2 in 2017 and as we all know they weren't producing back then. that lead me to the conclusion that prices up to 0.2 can be achieved solely on hot air.

if you don't believe they would at some point produce, you should have never bought. i have learned from some of my mistakes and DCAed.

[Anonymous No.50611002]

URANIUM BROS

https://www.energy.senate.gov/live-webcast
https://www.energy.senate.gov/live-webcast
https://www.energy.senate.gov/live-webcast
https://www.energy.senate.gov/live-webcast
https://www.energy.senate.gov/live-webcast

[Anonymous No.50612066]

>>50608941
>https://bannermanenergy.com/asx-announcements/
>Perhaps they start trading normally again tomorrow.
oooooooooooh, ok, thank you very much.
I will wait and see.

[Anonymous No.50612074]

Is there any model for what stocks look at if price goes up? Lets say a commodity price doubles, how much would a ticker x?

[Anonymous No.50612183]

>>50612074
there is a torqued leverage, Doesn't always work out that way but if underlying goes up say 10%, stock will go up 10-30%

[Anonymous No.50613010]

>>50609981
>>50608786
>>50608702
the shredding continues

[Anonymous No.50614250]

>>50613010
i'm showing ~1750

[Anonymous No.50614504]

>>50610908
you clearly haven't learned your lesson if you keep buying that shit stock. Take dilution and its relation to market cap and share price into account

[Anonymous No.50614622]

>>50613010
>>50614250
Everything is deep green right before I get my paycheck, very mad...

[Anonymous No.50614647]

NFG putting in a +12% day, good to see

[Anonymous No.50614741]

>>50614647
Bought like a hundred at 4.97, feels good

[Anonymous No.50614875]

Is this sustainable or will it fall again?

[Anonymous No.50614943]

>>50614875
no

[Anonymous No.50614973]

>>50612074
Depends on how levered the company is to the commodity. Typically if a company is very profitable you won't get as much leverage (because the company is highly valued) as you would a marginal producer. With gold for example, just divide their market cap by number of ounces produced to see the kind of leverage you get and then take into account mine life and such. With gold producers what you get vary wildly from <$1000/oz of yearly production in market cap to upwards of $10000/oz.

[Anonymous No.50615071]

>>50601140
it sincerely amazes me that andy is so popular here. how could anyone watch any of his daily price action videos and ever take him seriously ever again? he talks like a retard.

i mean just watch the first five minutes of this video and tell me he's not a simple minded idiot who stumbled upon the commodities play https://youtu.be/m-1JitWMPSk

[Anonymous No.50615118]

>>50615071
I couldn't watch the guy, got maybe 5 minutes in once, he didn't seem very bright

[Anonymous No.50615201]

>>50615071
I agree. He flip-flops from bearish to bullish by the day depending on the daily candle.

[Anonymous No.50615343]

>>50615071
>>50615118
>>50615201

see >>50607753

[Anonymous No.50615420]

what's going on bros, some stuff is up

[Anonymous No.50615457]

>>50615071
>he talks like a retard.
Agreed, its what I keep saying. Kick these fucking moron boomers out.
>>50559300

[Anonymous No.50615552]

>>50615071

His ideas about ratio investing are perfectly valid and can't really even be disputed. The only way they wouldn't play out is if some of the commodities simply became obsolete and fell out completely.
It's a great way to see what markets are undervalued and worth investing into. That's how he found the commodity markets to begin with. Pretty sure he's sitting on +20x on some of those at the moment.
Where he completely fails is short term analysis and he doesn't seem to even look into companies that much. He just buys companies with attractive charts without looking into whether they're actually viable or not.
Which means he could be buying absolute fucking garbage like the horse that people here have bought and would promote it as a good choice due to bottoming chart alone.

[Anonymous No.50615567]

>>50615071

[Anonymous No.50615614]

>>50546809
There's only Noveau Monde Graphite (NOU). The other miners HQ'd in Canada and US all have operations in Namibia, South America or Sri Lanka.

[Anonymous No.50615668]

>>50615567
kek

[Anonymous No.50617353]

page 10?
come on cmmg

[Anonymous No.50617575]

>>50617353
I think the demoralization is so intense that even with silver up 7% and a stagflationary recession confirmed, there still isn't any interest.

[Anonymous No.50617804]

>>50617575
>>50617353
nah, just too busy DDing and looking at junior, its time to buy

[Anonymous No.50617848]

Switched my Denison shares to Vulcan.
I have a feeling Denison isn't going to move anywhere near as much in the same time frame Salt/Vulcan will.
Been meaning to switch them to Encore or UUUU anyways. I like Denison but their performance constantly seems way more muted in comparison to others.

[Anonymous No.50617849]

>>50617575
You'll see me post more when I'm finally back in the black. It's hard to believe that we're just early sometimes.

[Anonymous No.50618125]

>gayhorse
LMAO

[Anonymous No.50618354]

>>50617848
Vulcans are going to prosper

[Anonymous No.50618590]

>>50617353
>>50617575
My GDXJ position is back at "only" -10%.

[Anonymous No.50618651]

>>50618125
Wait and see. The comex registered got 2 million oz out today. The entire sector is down because of sentiment. If you are not buying Bayhorse, Blue Lagoon, and Irving at these levels you are NGMI.

[Anonymous No.50619207]

>>50618651
>ignoring Impact
shiggy diggy my niggy

[Anonymous No.50619325]

>>50602479
>stinkers
which ones?

[Anonymous No.50619776]

>>50615552
His main problem is that he doesn't seem to do any research, some of his stuff is shit but on the other hand some of his stocks are doing really well. His basically a day trader that failed at trading short term but still uses his charts... he should sell some shit to get a more professional office if he wants people to pay for his advice

[Anonymous No.50619876]

>>50614741
Sold a bunch myself at $9.20 for cash. NFG will be one of the best stories in Canadian mining once it’s all said and done, I think PAN MAN shares this view as well

[Anonymous No.50621171]

Watch and learn

[Anonymous No.50621234]

Gary savage is saying it MIGHT be time to go back in oil but I'm not 100% sure yet I think we might have a little bit of crabbing left. I've been needing to look at charts but I've been so busy I'm getting my ass kicked.

[Anonymous No.50621840]

>>50615071
His daily are trash but his special segments he does sre incredibly valuable.

[Anonymous No.50622141]

>>50539768
>switching back and forth on the gold silver ratio
Meaning what? Buying silver to buy gold and vice versa?

[PAN MAN No.50623363]

>>50615614
i ll have a snoop of these guys than, the more North American graphite the better.

[Anonymous No.50623471]

What would happen if it happens?

[Anonymous No.50623640]

>>50623471
I never really know what those autistic apes are getting at

[Anonymous No.50624549]

>>50623640
When you buy a futures contract 99% of people don't take delivery of the commodity, they just use it to hedge prices. People have been taking delivery of physical silver and there isn't a lot left in the vaults. At some point the "paper silver" charade will theoretically have to end when you can no longer actually take delivery if you want the metal, and the price wouldn't be artificially supressed anymore if the futures market was cut out.

[Anonymous No.50624661]

>>50537711
>>50607449
You should have sold last year like I did, and if not then then absolutely when they posted that one presentation that had the wrong estimated date for the first shipment.

>>50537769
>>50618651
>sell during the next silver pump
BHS won't last that long.

[Anonymous No.50624663]

What brokers do physical deliveries?

[Anonymous No.50624889]

bros...

https://www.oneindia.com/india/pm-modi-to-launch-international-bullion-exchange-on-july-29-3438754.html

[Anonymous No.50625499]

>>50624889
Hilarious 180 considering India banned gold imports for a time during 2014 and alleviated the ban afterwords but still imposed heavy import taxes (12%, up from 7%) to help support the rupee.

This is one more feather in the cap of the new digital dollar, gold-backed world reserve currency imo that has made strides since the outbreak of the Ukraine war.atr

[Anonymous No.50625559]

I have a schizo theory that governments made travel literal hell (masks, quarantines, delays etc) in order to diminish international “non-essential” travel as a means of suppressing jet fuel demand (In 2019 was 9% of daily world oil consumption) to keep prices from elevating further.

I’m not even sure what current airliner traffic is compared to the 2019 peak is, but I’m sure it’s not even close and is very much similar to the cruise story, that is to say very much lowered demand yet to recover.

[Anonymous No.50625672]

>>50625559
Airports are full and understaffed.
There have been delays in all major airports because of this.
I read an article yesterday that heathrow airport capped the number of incoming passengers per plane because the airport was overwhelmed
A few of my trips were delayed by an hour or two recently due to wait times.

Funnily enough the mask rules seem to be less strict in airports and, depending on the country/airline, planes.

[Anonymous No.50625786]

>>50617353
>catalog
>ctrl+f
>"cmmg"
>???
>profit

[Anonymous No.50626112]

>>50618651
I can't believe you faggots are still buying trash like Gayhorse and Troon Lagoon when there are literally dozens of other projects that are more likely to become 10 baggers.

[Anonymous No.50626120]

>>50623363
Indeed. Let us know what you find.

[Anonymous No.50626306]

>>50626112
what exactly is your problem with blue lagoon?

What would you recommend then?

[PAN MAN No.50626409]

>>50626306
To be fair their kind of in a bind, they are waiting for a finalized permit to actually mine Dome Mountain, but it might not be the best time to actually do that at full scale right now. Loads of other projects have stalled out due to the way the market is, it might be smarter for them to wait. As for other companies, there are loads of projects still out there on the go, we just dont discuss them nearly as much, however i have no idea how many of them will be successful in this market climate, even a fantastic discovery might get overshadowed.

[Anonymous No.50626415]

>>50626306
It's not bad, but with any other explorer I'd put max 1% of my portfolio into it and move on.

[PAN MAN No.50626463]

new thread here!
>>50626461
>>50626461

[Anonymous No.50626690]

>>50614875
Based bestiality kitty.