/CMMG/ Commodities, Macro, and Mining General

[Anonymous No.53273726]

The Golden Dawn Edition

Commodities include
>Precious metals
Platinum, Gold, Silver
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Nickel, Zinc
>Others
Water, Agricultural, Salt

Mining for Noobs
https://pastebin.com/5uWth6eG
More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
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

>What is Austrian economics?
https://mises.org/what-austrian-economics
>What has government done to our money? - Murray Rothbard
https://mises.org/library/what-has-government-done-our-money
>The mystery of banking - Murray Rothbard
https://mises.org/library/mystery-banking
>Profit & Loss - Ludwig Von Mises
https://mises.org/library/profit-and-loss-0
>Must Read: Gary Allen, "Hunt for Silver"
https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

Previous: https://boards.4channel.org/biz/thread/53256377#top

[Anonymous No.53274169]

Thanks baker, first time we lost a thread in a while. Fast catalog with all the bitcoin bollucks

[Anonymous No.53274181]

>>53273726
where can i buy commodities?

[Anonymous No.53274300]

>>53274169
That boat looks like mine did right before it tragically sunk with all my precious metals.

[PAN MAN No.53274827]

bit of bad news for Teck at the Trail smelter.
https://www.mining.com/teck-fined-1-6-million-for-acid-spill-into-columbia-river-at-trail-smelter-operations/

[Anonymous No.53274862]

>>53274300
Must've been a terrible boating accident.

[Anonymous No.53274875]

>>53274827
So mich for all their ESG proclaimations. Perhaps they can get it taken care of at Davos.

[Anonymous No.53275056]

Question. What happens to miners and subsequently our equity in said miners in a financial reset? Like the world defaults to BTC now. When SHTF do the miners just convert all their cash to BTC and continue operations as normal?

[Anonymous No.53275105]

>>53275056
It will depend on the jurisdiction and the company. Many won't survive or will be nationalized by the government. Some will keep fighting the good fight. I hold Fortuna Silver Mines. They have mines in many countries and produce several different metals including gold, silver and some base metals.

[Anonymous No.53275276]

>>53274181
Meet me under the bridge beside the tracks at midnight. Bring cash

[Anonymous No.53275378]

>>53274181
You shake your fist outside the CME building in Chicago and say "2 oils please"

[Anonymous No.53275551]

>>53275056
>the world defaults to BTC now

uh, boy. Touch grass. Better yet touch MINERALS

[Anonymous No.53275604]

>>53275551
I almost pissed my pants laughing at his post. Thought it was bait. Getting hard to tell these days

[Anonymous No.53275719]

Yall. Take a second and think clearly. There's nothing stopping gold and silver now. We got wrecked by the interest rate hikes last year but that's not going to happen this year.

https://youtu.be/BRvBUPU8hks

Watch this Michael Oliver interview.

[Anonymous No.53275740]

>>53275056
Lynette Zang and others have talked about this. Basically nothing happens. They just convert to the new system. They looked at what happened with Greece and similar countries in recent history.

[Anonymous No.53275747]

>>53275604
kek

[Anonymous No.53275769]

Gold ventures and several others have said that if silver jits thirty dollars, companies like guanajato become a 10x. Imagine what happens when silver hits fifty dollars? For companies like Abra silver with a 300m oz resource, every dollar that silver goes up adds 300 million to their nav.

We might have lost a little faith in the theory with all the fuckery this past year guys but hang on. It's still alive and real. I think this is going to happen this year.

[Anonymous No.53275800]

>>53275769
Gary called the bottom when I posted it about two weeks ago. Member? Now here we are and at 1920. Gold smashed through that 1900 like paper. Just exploded through it.

Gold was the only positive asset class last year. This is working and it's happening.

[Anonymous No.53275816]

>>53275769
I'm going back to school for finance and I start on Tuesday. Once again like with anything, any gains I make in education or knowledge will be given and contributed to the thread.

I'll have a geology degree and a finance degree. I can't fucking wait.

[Anonymous No.53275864]

I'm thinking about paying the fifty dollars again to get a month's subscription from Lobo Tigre. The guy had good picks and trillion was one of them. He's not perfect but it's just more good information.

[Anonymous No.53275991]

>>53275864
Yall think about it. This investment thesis was working last year and working well until the faggot fed started raising rates. They can't do that again this year. Were already looking at only a 25bps hike upcoming.

[Anonymous No.53276036]

>>53273726
Why the fuck is a pic of a shady fucking small time restaurant from my shady fucking hometown on my 4chans

[Anonymous No.53276055]

>>53275105
>>53275740
Ah, I see thanks for the insight.

>>53275551
>>53275604
I'm not into crypto. It was just a placeholder for my question. But if it makes you feel cool to think you dabbed on someone more power to you.

[Anonymous No.53276214]

>>53276036
Sorry, Youngstown bro.

[Anonymous No.53276349]

>>53276055
Yes. Thinking posts are bait is the same as dabbing on cryptofurries.
Cute stack. Does it come in adult sizes?

[Anonymous No.53276566]

>silver and gold trying to climb up
>crypto is also climbing up
Someone explain this to me. It makes me worried. Shouldn't we climb and they dump? Something feels not as it should as far as the theory.

[Anonymous No.53276846]

>>53276349
>hostile for the sake of being hostile

You're a loser mate.

[Anonymous No.53277055]

>>53276846
So you were only pretending to be retarded?
My humblest apologies. I would never intentionally engage in a battle of wits with someone who is clearly unarmed

[Anonymous No.53277532]

>>53276566
I dont trust this pump either

[Anonymous No.53277912]

>>53275551
kek

[Anonymous No.53278222]

>>53277532
The only pump worth trusting

[Anonymous No.53278286]

>>53276566
bulltrap

[Renewable energy fag No.53278689]

Anyone been following Victoria Gold? heap leach producer in the Yukon. Average grade over LOM is 0.65 g/t. First two years they have been running high grade at 0.85 g/t with a strip of only 1.6. They should be absolutely printing money with those stats but they are not making much, AISC far above $1000. They were also meant to be producing 250koz/y but are only doing 150-160koz. Are they just incompetent or what?
They have been pretty highly valued considering how they are doing. Which is probably why a transaction didn't take place last year when there were talks about it. Feel like Kinross could make this one into a money printer if they had it. They are making money at 0.3 g/t at their Fort Knox mine in Alaska.

I've also been looking at Banyan Gold which have a similar deposit they are drilling out nearby, but how poorly the Victoria mine has been pulled off it kinda turns me off it.

[Renewable energy fag No.53278954]

>>53278689
>The Fort Knox gold deposit had pre-production Proven and Probable Reserves in 1996 of 158.3 million tonnes @ 0.83 g/t gold with a 0.39 g/t gold cut-off for 4.2 million ounces.[7] After the production of over 7.5 million ounces, at 31 December 2019 Proven and Probable Reserves were 255.8 million tonnes @ 0.3 g/t gold for 2.80 million ounces.

>In 2003, the mine was scheduled to excavate up to 130,000 tonnes (140,000 short tons) per day with a 2.3:1 stripping ratio, operating seven days per week twelve months per year. Due to its very low sulfide content, waste rock from Fort Knox does not produce acid mine drainage. Ore from the mine is processed at the Fort Knox mill, a conventional crushing, grinding, CIL leaching, carbon stripping and electrolytic recovery process, with a capacity of 36,000 tonnes (40,000 short tons) per day. The mill consists of a gyratory crusher, a 34' x 15' semi-autogenous grinding mill, two 20' x 30' ball mills, and a gravity separation circuit with a Knelson concentrator. Gold not recovered by the Knelson concentrator is sent through the CIL circuit.[4][13]

>In 2009, a valley-fill heap leaching operation came on line. Lower grade ore is trucked to the facility from the mine.

I thought it was a pure heap leach, but it's actually primarily processed through a mill, they did have much higher grade in the early years. Not sure how much they are mining these days, I think they have been processing a lot from low grade stock piles too.

[PAN MAN No.53279167]

>>53278689
>>53278954
from what i know of their Eagle Gold Mine at Dublin Gulch has had a few rough years with winter causing damage to their mill and other infrastructure. The original machinery was built and planned out by an Australian group who hadnt worked in territory where it drops below -60. Those issues were worked out though a while ago, i am not sure whats caused their more recent drop in productivity. I have a book on this particular project written by the guys who did the leg work to bring Eagle Gold to market, i ll see if i can find a link.

Here it is! Fascinating placer deposits in that area!
https://www.amazon.ca/Dublin-Gulch-History-Eagle-Gold/dp/1550179403

[Renewable energy fag No.53279251]

>>53279167
One thing is for sure, if they don't optimize that operation they aren't going to be making any money when the grade drops further into the mine plan, which is probably soon.

[Renewable energy fag No.53279286]

>>53279167
They also still shut down the operation a month or two in the winter as they fear the leaching fluid will freeze. But Kinross is running theirs all year and it's probably just as cold over there.

[PAN MAN No.53279290]

>>53279251
Very true, i am not sure if their heap leach setup will carry them very long, there is more high grade material to work with at Eagle Gold, but its narrow bands compared to what they were working before. Digging that up will require planning so not to dilute the grade.

[PAN MAN No.53279318]

>>53279286
thats probably down to Kinross having access to proprietary info on mixes that prevent leach freezing. The Golden Bear project in Northern BC perfected several mixes back in the 80s that prevent freezing but they were kept quiet with contractors. It could also be how Kinross has their heap leach system setup in general, i ve heard of some mines using major heat trace systems to keep their plumbing from freezing below -20 for example.

[Renewable energy fag No.53279401]

>>53279318
Yea it's another example of the extra risk there is when a junior starts their first mine. Even if they have skilled people on board, which they always say they do, the mines pretty often underperform.

[PAN MAN No.53279595]

>>53279401
ground is ALWAYS different than what the drills show you, you expect things to be harder than they are. Its a problem all mining faces but lately it seems companies are having a really hard time breaking past these early fuck ups. They dont have the backing of 50+ year experts anymore, their relying on graduate students and maybe young management from other projects.

[Renewable energy fag No.53279686]

>>53279595
>ground is ALWAYS different than what the drills show you
What boggles the mind about Victoria though, is that they don't even seem to have an excuse for why they are doing to terribly. Yes they had some problem in Q4 last year that cost them a few weeks downtime, but even without that their mine plan shows 210koz+/y on average, which must mean they should be running at like 270koz right now with the high grade, almost double what they are doing! what a disaster. This should have been sold off a year ago.

[PAN MAN No.53279771]

>>53279686
their leach pad or mill are likely the obvious points of failure but it could be down to all sorts of issues. Truck down time, rotation period in and out of the pit, poor feed rates to mill etc. All sorts of issues could be at fault.

[Renewable energy fag No.53279980]

>>53279771
And they have had 2 years to fix it. Meanwhile the CEO has constantly talked about getting to 250 and even 300koz of production, but nothing is happening. They should fire that guy, or the COO, or someone else, because it isn't working now.
I even remember seeing interviews with the CEO talking like there is no problem and they're just doing great. No wonder they haven't improved anything if that's the mentality.

[Anonymous No.53280118]

valuation methods for mines??? sure DCF makes sense, but how would I turn a PEA into a working operating model? should I use PEA numbers and do +/- 30% in a monte carlo for a better estimate? Do mines generally underestimate expenses and overestimate revenues? What should I account for to make the best model?

[Anonymous No.53280156]

>>53280118
By default, most use a 5% discount rate. 8-12% is much more realistic.

[Anonymous No.53280306]

https://www.lewrockwell.com/2023/01/david-stockman/what-inflation-would-look-like-in-a-true-free-market-economy/

As it had unfolded, there was zero CPI inflation during the Roaring Twenties; a severe deflation during the Great Depression, which merely reversed the war inflation of 1915-1920; and then a return to the 1921 price level during the booming but regimented economy of WWII.

Still, by the spring of 1946 the dollar’s purchasing power was 100% of what it had been in early 1921. It had not taken any net inflation at all to generate a near tripling of the nation’s economic output.

The implication is straightforward. To wit, the Fed doesn’t need a pro-inflation target of 2.00% per annum. Nor does it need any of its other macroeconomic targets for unemployment, jobs growth, actual versus potential GDP or the rest of the Keynesian policy apparatus. All of those variables are the job of the people interacting on the free market, producing whatever outcomes their collective actions happened to generate.

[Anonymous No.53280586]

>>53274169
A rising tide raises all boats

[Anonymous No.53280643]

>>53280156
Interesting. I'll mae sure to note how conservative the discount is for the PEA/PFS

[Anonymous No.53280731]

Fugg im about to spend 500 on the CFI mining valuation course. Thoughts?

[Anonymous No.53280735]

>>53280731
https://corporatefinanceinstitute.com/course/mining-industry-financial-model-valuation/

[Anonymous No.53280855]

Love this tread. Its like geologists who know shit but are financially retarded and traders who are retarded but make dosh. Stocktwits is more sensible than this shit but the bs on here never gets boring, watching peeps loose money is always fun. Thats what its all about, knowing peeps are more retarded than you will always be good for the soul

[Anonymous No.53280875]

>>53280855
AHHHHHHHHHHHHh HOW DO I LEARN HOW TO VALUE A MINE

[Anonymous No.53280886]

>>53280875
IF IM WILLING TO SPEND 500 ON A COURSE*

[Anonymous No.53280903]

>>53280855
2023. If your not up already your fucking knob

[Anonymous No.53280986]

>>53280875
Fundamental shit. I want to be the next rule but until then its all about the P potential. Andy and that line shit is balls. Be sensible and modest gains be earned constistantly

[Anonymous No.53281031]

>>53280586
Thanks for the laugh mate. Still holding 23,000 shares

[Renewable energy fag No.53281032]

>>53280118
Economic studies from juniors are generally optimistic as it's important for them to pump the project, especially PEAs as they aren't as precise. But it varies from company to company of course. Adding 20% cost to a PEA probably makes it more realistic, and then there's inflation for every year after it's published. You also start to get a rough feel for the different figures if you look at a lot of different economic studies. Key figures like $/t mined and processed. If it's oxide it's a bit cheaper than sulphide, bigger means cheaper, scale really means a lot. And capex figures.

[Renewable energy fag No.53281058]

>>53281032
>If it's oxide it's a bit cheaper than sulphide
For tonnes mined that is. For processing it's a lot cheaper ofc, but lower recovery. PEAs for oxide projects are also often optimistic using 80% a lot when it's probably more likely they will get 70%.

[Anonymous No.53281185]

>>53281058
>>53281032
pretty fuckin based ngl

[Anonymous No.53281297]

>>53280986
Whats >P Potential ?
Should I just follow the lassonde curve, in terms of fundamnetals? Do you see the Lassonde curve in copper & zinc & other shizzy?? For example, I have casually followed Discovery Silver for 4 years, and I have seen it go from discovery(first peak) and now it has recently seen the first trough. Is this the lassonde cruve in action? Am I missing something or understandin this correctly??

[Anonymous No.53281320]

I also saw plenty of projects fail after the first hump or the second hump. For example: Pure Gold or Aurcana, both of these were form post-production problems. For issues in the first pea of the lassonde curve ,would Blue lagoon be a good exmaple of what happens?

Currently I'm trying to find a personal reference for each of the phases of the lassonde curve.

[Anonymous No.53281326]

>>53281320
Peak*

[PAN MAN No.53281389]

>>53281320
>>53281326
Blue Lagoon hasnt had the chance yet to operate underground, they pulled material from a set of existing stockpiles for quick cash. They have been stuck in permit limbo for quite sometime however.

Projects fail for a number of reasons, but the main one is poor management at startup. Management that ignores or doesnt react well to major changes will always cause a project to falter and fail. Pure Gold was crushed by poor ground conditions and mill management failures, while Aurcana seems to have been scope creep.

[Anonymous No.53281400]

>>53280735
I'm interested. Take it and report back
>>53281032
>it's important for them to pump the project
If it has potential, yes. But if it doesn't have potential, definitely.

[Anonymous No.53281430]

>>53280118
If it's privately held it's probably worth investing in but you can't.

if it's publicly traded it's probably shit but at least you can invest in it.

hope this helps.

[Anonymous No.53281525]

>>53281389
can you expand on: What is scope creep? did they become over confident in the scope of the resource over time?

also could you elaborate on what pure gold mismanaged about their mill?

Do you know of any resource that screams "Great for beginning to understand mining"

[Anonymous No.53281546]

>>53281525
I say beginniner but I have a firm grasp on the physical process of concentrating oxides/sulphides, grade & reading assays, and resource macro.

I'm more interested in any reading about maaging a mine and the nitty gritty around it

[Anonymous No.53281583]

>>53281546
Sorry for the spam but:

What are some common operational risks in mining?

Average time to bring discovery to production, how long does each phase take?

Are PEA, PFS, FS actually representative of the resource? Are these crap?

[PAN MAN No.53281694]

>>53281525
sure, scope creep or "project creep" happens all over different industries. You see it a lot in video games for example, you start with a basic set of concepts that then due to leadership or corporate interference expand past the scope that development can handle.
This happens a lot in early development in mining projects, a project expands past its original projected budget or space requirements, which causes everything else to bog down.

For the Pure Gold example, it sounds like from the reports that the mill management were "yes manning" the operation, basically telling corporate what they wanted to hear instead of alerting them to a whole list of issues that on the ground management thought they could fix themselves without anyone getting in the way. They obviously failed however, as the projects future is in limbo. It also doesnt help that the material reaching the mill appears to have been more diluted them what they could deal with, and attempts to fix this failed or were substandard. These are common problems in early stage mining that usually can be ironed out with the right team.

>>53281546
>>53281583
No worries! Managing a mine can be an absolute headache or it can be fairly simple, it all depends on the scale of the operation and how many people are working there. You will often have multiple sub categories of managers on a site, including surface operations, water management and treatment, mechanics office etc. The main project managers job is to keep these different groups all working and communicating with each other properly and effectively.

[Anonymous No.53281695]

>>53281583
>What are some common operational risks in mining?
Midway Gold is a text book case for operation risks. Read up.

[PAN MAN No.53281751]

>>53281583
As for your next question on operational risks there are so many i cant even count them, but some of the basics are things like poor market timing for starting operations, or even the ground your planning to mine turning out to not match your original mine plan.

This is what happened with Gold Mountain's Elk Mine in central BC. The ore body from previous operators drilling and their own work showed potential for an open pit style mine, but when work started the gold hosting quartz veins were found to be too narrow and spaced apart, as well as being to fissile to upgrade for transport to the contract mill. Grade of the mill run plummeted and the company was forced to shutter operations for the time being, crashing their stock. It seems like the team at Gold Mountains mine knew these issues and alerted corporate but were ignored.

I could go into PEAs and FSs as well but it would be pages and pages of info.

[PAN MAN No.53281759]

>>53281695
another one thats a recent fuck up could be Harte Gold and its failed mine, cost overruns and difficulty accessing higher grade ore below ground killed the project before they could find more capital to keep things going.

[Anonymous No.53281768]

>>53281430
Bob with the based take here.
We all want history to repeat itself
>Picrel
Somebody email this to GO asap

[PAN MAN No.53281792]

>>53281583
Oh and the last bit i can go into, development of a mine on average takes around 10 years in north america, it can be longer or shorter depending on a lot of different factors, but the main stickers are permitting and planning. Finding a potential ore body is fairly easy, proving its potential to modern standards can take decades, and once that is done, the permitting and environmental assessment period can take another 10 years, give or take 5 if its on an existing or past producing property.

[Anonymous No.53281806]

>>53281583
>Average time to bring discovery to production, how long does each phase take?
in a privately held mine run for profit, the owners will be working on the next 5 steps while the first one is pending. Also there's no need for documentation and study to reassure investors, so a lot of steps are simply removed. A private mine can pretty easily go from permit to production in a matter of a few months.

in the mines you're talking about, it takes 15 years. Maybe longer. Every step is planned, documented, revised, revisited, replanned, redocumented, and performed in triplicate.
this is partly to inspire confidence in investors (a confidence game, or con as we like to call it for short). It also gives everyone plenty of time to see the project and marvel at the meticulous gyrations of planning and permitting while dumping more and more money into the project.
by the time 15 years has passed and the mine is perhaps ready to go into early production, the markets will have crashed and boomed several times over, but the mine will almost certainly try to start up in a bust cycle and fail.
don't worry though, it will be sold and renamed and given new life for another 15 years of planning and permitting and very lucrative investing. Lucrative for the owners anyways.

[Anonymous No.53281919]

>>53281583
If we're measuring producers, you can be happy that you skipped the first 15-45 years it presumably took to get to production, but be aware the mine is just milking investors and mining as slowly as possible in the hopes that they'll be bought out by some major before their resource is depleted and their equipment falls apart. Just like the unproven resource, if the producing mine was actually super profitable the majority owners would simply take it private. You can buy shares because they don't expect it to go anywhere.

[Anonymous No.53281939]

>>53281583
>Are PEA, PFS, FS actually representative of the resource? Are these crap?
A lot of their credibility depends on which consulting firm wrote them. Some are more reputable than others. They all deserve scrutiny, but a lot can be learned about mining in general by reading them.

[Anonymous No.53281950]

>>53281806
>>53281919
in either case, if the mine does by accident manage to turn a large profit, the stock will rise in value and the company will mint new shares in order to pocket that increase themselves rather than passing it along to their loyal investors.

[Anonymous No.53282024]

>>53281583
>Are PEA, PFS, FS actually representative of the resource? Are these crap?
anons are giving some good answers here

for the pessimists view, consider the following:

no publicly traded mine starts work without a promising PEA, PFS, FS, etc.
Right?
if the initial reports suck, it's not even going to be a listed stock. If it does manage to get bought by a listed company, nobody is going to invest with bad initial reporting.

So every mine has promising initial reports. Every single one you see.

almost all of them will fail anyways.

[Anonymous No.53282160]

>>53282024
As to why so many of them fail, the time taken to get to production is almost certainly the main factor. They're spending like they're already operating for 10 or 15 years BEFORE they ship their first load of ore. The resource probably won't even last long enough to pay back that load of debt.

Bayhorse was a nice example of this, they were blowing through over half a million a year producing nothing. After enough years, the resource has in theory already been depleted just paying for startup.
many such cases.

[Anonymous No.53282197]

>>53282160
We could perhaps theorize that a much larger or richer resource has better odds of surviving the 15 year startup period, and perhaps it does.

but management given a larger asset is just going to spend more money "developing" it. That's their job. Borrow as much as they can and spend it all. Throw money at the problem and if it doesn't work, move on to the next one.

[Anonymous No.53282228]

>>53282024
>>53282160
>>53282197
Of course none of this matters if metal prices go to the moon

if that happens you'll see a bunch of miners that previously said it would take 15 years to get into production immediately begin producing and making a profit. The market has the power to instantly and completely remove all the bullshit from mining and mine investing.

but in that case the entire sector will boom, not just the stocks you picked. You could just as well be buying into a mining fund rather than comparing individual companies based on technical reports. Because most or all of them will go up at the same time just on sentiment.

[Anonymous No.53282581]

>>53280735
Cool find anon

[Anonymous No.53282590]

>>53280855
How much are you down on crypto faggot? Get ready for the greatest mogging of all time. This is the year you're going to eat big shit.

[Anonymous No.53282600]

>>53281694
Does panman play videogames?

[Anonymous No.53282602]

>>53281806
Funny enough I invested in gato and got burned because of the trust in private studies. Another risk for public investors.

>>53281751
What do you mean by too fissle?

was the mill grade lower simply because the g/t of the ore was lower than expevted?
>>53282160
Interesting, so the time between peaks on the lassonde curve is more like a chasm where most never make it to actual production

[Anonymous No.53282638]

>>53281694
Interesting so Project creep is more like expectations set by management and the market. Also puts pressure on operations to deliver to these expectations.

How can I understand if a sub manager is actually doing well? I’m sure they really affect G&A expenses so How can I understand if they’re actually worthwhile if they’re just inflating their salary??

[Anonymous No.53282656]

>>53282228
Oof i should just buy silj leaps huh

[Anonymous No.53282732]

>>53282656
don't follow my advice, you'll guaranteed never get rich

probably won't ever go broke either. It's a tradeoff.

[PAN MAN No.53282890]

>>53282600
no but i know people who do dev work for all sorts of stuff including video games
>>53282602
fissile means weak in mining. The rock or vein structure fractures or powders after a blast. In some cases this is a good thing, it makes milling far easier to do for example as the gold bearing material fragments away from waste faster in the mill, but if its happening before it reaches the mill, the valuable stuff is often lost as it turns to slime in the pit or underground and becomes a headache to recover.
Mill grade should be controllable by mixing different batches of material together to get a consistent mill feed grade, this is critical to keeping a mills flow consistent. If the material is constantly changing in grade than the processes all get fucked up.
>>53282638
bingo, creep often happens half way though a projects development. I ve seen it recently on the operation i was at last winter, investors wanted a test mine to be converted into a primary operating mine, without the correct footprint or crews to operate such a project, or the correct budget. As for figuring out if different managers are doing their jobs properly you usually cant unless you have insider info on the project at ground level. Its not going to be in public facing documents. You usually see the aftermath of their failures though show up in pressers (after they get collectively shit on by all the other departments).

[Anonymous No.53283728]

>>53281297
You're asking advice from someone who thinks TA is useless. The only people who think that can't into pattern recognition. He's a legit brainlet.

[Renewable energy fag No.53284865]

>>53281297
The Lassonde curve is about sentiment, not fundamentals (which would be facts about the asset).
>>53281583
PEA is the least reliable and FS is the most reliable.

[Anonymous No.53284888]

Uranium

[Anonymous No.53285304]

>>53274169
We're 4% away from Gold ATH and every analyst is predicting a pullback. Meanwhile, miner are pricing 1600$ Gold. You're buying your retirement right now, I'm smiling all the time just knowing how easy we have it brothers.

Also, just seen this itw : https://www.youtube.com/watch?v=oUj2E7BHcYE

Both of them said it outright how fucked they got by the junior mining sector in PM. They know stick to physical and royalties play. Pretty happy considering I'm only down 25%. Kinda useless to watch them since you get nothing from their words salade. Imagine subscribing and paying their services...

[Anonymous No.53285375]

>>53275864
pretty based. I intend to buy Michael Oliver. Maybe we should share what we get here. I would have bought luke gromen too but this fucker is 3000$ a year I think, no way i'm paying this shit.

>>53275719
Based, I posted it a few days ago, we crushed his number (1880). We're off I think for real gains now, time to shine. If a pullback happen, I'm firing my last cash.

>>53275769
Hard to predict our future gains. If I can get x5 at 30$ silver then I'm already more than happy. All in all, people should buy and hold right now, don't lose faith, don't be a market timer, just buy.

[Anonymous No.53285465]

>>53285304
>Imagine subscribing and paying their services...
Imagine paying anyone to pick stocks for you.

[Anonymous No.53285471]

>>53276566
Devilishly checked
And no you fool, crypto will proba ly run up about as much as silver
Some will have miner like runs others (btc) will be more like gold, (5-10x)
Could be wrong
But first crypto is a great pressure relief valve for them to direct normie inflation investments towards so gold gold and silver don't pump
Second, they want a cbdc future, I doubt there getting rid of most of what exists at this point so they will figure out how to integrate with it so you are paying taxes...
I think this is what the consumption tax bill in the US is for right now.
Also I own alot of silver and miners I'm probably 6040 silver assets and crypto
But some crypto gon pop

[Anonymous No.53286565]

Bump

[Anonymous No.53286570]

>>53276566
Dollar's shitting the bed.

[Anonymous No.53286585]

>>53285304
This. Good vibes are coming this year bros.

[Anonymous No.53286605]

>>53285375
Gary savage is highly worth it. I Lobo is good at picking stocks. I don't know what you'd get from paying for Oliver since he always gives stuff for free on interviews but I'm not saying anything bad about his technicals. The dude is the number one analyst followed by Eric Sprott.

[Anonymous No.53286625]

>>53285375
We are going to have a pullback in about two weeks. It's going to be a "scary correction" and that is the time to load up on leverage- Gary savage

I (red) will relay the signal to the board when gman says go on leverage. It will be around the fomc meeting.

[Anonymous No.53286800]

David Brady sucks lol. I'm reading this latest silver chartist report and the guy is just so behind people like Gary savage. Brady doesn't even know how to count cycles. Gary called this move before it happened. Brady has been lost in the woods in the meantime.

[Anonymous No.53286942]

>>53275769
>If a product jumps 20% in value it's producers increase 1000%
How

[Anonymous No.53286949]

>>53281792
>Ten years to develop

I'm new to mining investing. So all these juniors that we invest in wont see production for a decade? Is that the investment horizon for you guys? Or just the stock price gradually go up as they get permits and what not? say year 1/2 its 15c and in year 3/4 they get some permits and its 25c-30c. Do most people cash out before production even begins? I have a hard time believing that people are investing in Blue Lagoon and SALT and plan to cash out in 2032.

[Anonymous No.53286989]

>>53286949
SALT is a different beast from a PM miner. Dead simple business by comparison, and this deposit in particular looks to be absurdly easy to mine.

[Anonymous No.53287050]

sprott uranium trust mug came in the mail yesterday. I think I'm getting radiation poisoning from drinking this coffee

[Renewable energy fag No.53287153]

>>53286949
It doesn't take 10 years to build a mine when you have the permit. How long depends on the size of the mine and what infrastructure you have in place. With Blue Lagoon previous owners already did some development (tunnels to orebody) and they are not building a mill as they will pay to use another company's mill. So when they have their permit, which should be soon (but you never know with permits), then they can probably start up in like 6 months.
Building a small mine from scratch takes about 18-24 months. A large mine perhaps 36 months. This is for western countries, in places like Africa you can do it faster.

[Anonymous No.53287256]

>>53284888

checked

[Anonymous No.53287275]

Tankerbros we finally made it. I know /tsg/ was a long time ago but we finally fucking made it.

[Anonymous No.53287439]

>>53286942
I fell for this meme when the BHS shill was around. Don't trust these pumpers.

But basically it works like this:
Let's say a company produces 1oz of silver at a price of $25 and current silver prices are $27.5. If silver goes to $30 their margin has doubled.

[Anonymous No.53287472]

>>53286942
Guanajuato is currently losing money so there is no way the stock will go up 10x if the silver price increase by $6

[Renewable energy fag No.53287510]

>>53286942
>>53287439
True, which does give you great leverage (if the company is fairly priced). What many seems to forget is to include inflation. You will often hear people saying that gold stocks should be as high as they were in Aug 2020 if gold goes back to $2000, but we have had huge inflation since then, so we will need like $2300+ for it to be the equivalent in 2020 dollars.

[Anonymous No.53287562]

>>53286585
GV is more bullish than 2008. We'll make big bucks.

>>53286605
He doesn't give everything. If we breakout, I want to know when we'll have a big correction. I know it'll be between 2500 and 3000 and I want to sell half my stuff at that moment. He give one big report per week, interview don't give you everything.

>The dude is the number one analyst followed by Eric Sprott.
Pretty funny because Eric did an interview last month and he said he followed Michael works very closely.

>>53286625
Interesting. I dont believe we get a pullback since everyone call for it but we'll see. I'm out of cash anyway until 2 months from now so yeah.

>>53286800
He hold your hands and tell you not to sell, one day it'll go up ! That will be 12$ per month thank you. Buy royalties play, we dont do stockpicking here !

>>53287472
retard.

[Anonymous No.53287639]

>>53287562
>retard
not an argument

[Anonymous No.53288006]

>>53287562
That's what I was saying. Michael Oliver is the guy Sprott follows the closest.

[Renewable energy fag No.53289392]

https://www.mining.com/glencore-evacuates-personnel-after-protesters-vandalize-antapaccay-mine-camp/

Peru is a disaster.

[Anonymous No.53289575]

>>53273726
By these if you want to be rich (and rate my picks)
SGML.TO (lithium)
NPK.TO (fertilizer)
AFM.V (primarily tin)
ARIS.TO (gold)
ATH.TO (oil)

[Anonymous No.53290669]

>>53289575
ATH seems okay if they focus on their Leismer and Hardisty assets. Everything else they own/operate is kinda shit though.

[Anonymous No.53290830]

>>53287510
inflation kills a lot of the gain. The rest is usually killed off by management in the form of expenses to avoid tax.

if managment takes the increase and sinks it into, say capital assets, the stock will increase some but not directly proportionate to the increase in margin. There is inefficiency in the transaction.

it's the job of management to exploit that inefficiency. I can either pay you dividends or reinvest that money for growth, and which one pays better isn't usually much of a question.

there's basically no situation where margins are going to go up and the company is going to hand the full increase over to investors.

[Anonymous No.53291129]

>>53287050
Where can I order one of these?

[Anonymous No.53291212]

>>53291129
email their investor relations

[Renewable energy fag No.53291376]

>>53290830
You're talking like it's nearly impossible to make any money in this industry and that's just factually wrong. You just have to look up the stock chart for pretty much any gold company to disprove that. It's harder to make money here than elsewhere I'll give you that because it's very cyclical (has been until now anyways). And also I think a reason is that investors have tended to become overly bullish during upswings and have made poor use of capital.
Just look up Alamos Gold as an example, my chart goes back to 2003 where they were at $1, now they are at $15 and they have paid out dividends. Not too bad of an investment I'd say.

[Anonymous No.53291851]

gold bros on /pol/

>>>/pol/412346086

[PAN MAN No.53293158]

https://www.mining.com/web/congo-picks-symbion-to-tap-methane-filled-lake/

this seems rather interesting, a number of these lakes are extremely dangerous to disturb as they can release wide clouds of gas that kills everything in its way.

[Renewable energy fag No.53293753]

goldbros... $2000 EOW confirmed.

[Anonymous No.53293840]

Anyone have an opinion of this guy?
http://www.nuclearplanet.com/Herndon's%20Nuclear%20Georeactor.html

[Anonymous No.53294635]

>>53293753
We all getting hot waifus like Schiff! Japan here we come.

[Anonymous No.53294694]

>>53291376
it's easy to pick winners looking backwards. Knowing which $1 stock is going to $15 over the next 20 years is much more difficult.

I don't care if you invest in junior miners. I wish you luck, and hope you get rich. I just doubt most of you will. You guys know a shitload about mining, but that only helps if the miners you invest in actually want to mine.

[Anonymous No.53294739]

>>53293753
Gary says we won't pull back until fomc meeting. Then a large correction to 1800 and then the moon after that.

[Anonymous No.53294742]

>>53294694
I start my finance classes on Wednesday. I'm going for my second bachelors degree. First is geology

[Anonymous No.53294756]

>>53294742
why not just do an MBA?

[Anonymous No.53294835]

>>53294742
not criticizing, I just think based on what I know of you, you could handle the finance prereqs easy enough, and geos regularly get accepted to MBA programs. It's tradition even.
even a masters of finance isn't out of your league.

I didn't do an MBA because my GI Bill ran out I went into business on my own without it, but it wouldn't have hurt any.

[Anonymous No.53294837]

retard here, is it true the price of copper is considered a leading indicator? cause its done a little poomp

[Anonymous No.53295065]

>>53294837
it's usually right out front, but how long it stays up is more important than if it pumps. That's what your mom says anyways and I believe it.

[Anonymous No.53295737]

>>53295065
my mother is a saint
so good call

[Anonymous No.53297009]

https://mobile.twitter.com/JrMiningNetwork/status/1614899576728686592
>Blue Lagoon Encounters 11.02 gpt Au and 2.31% Cu Over 5.65 Meters within 5.49 gpt Au and 1.21% Cu Over 16.55 Meters in a Major Step-Out Hole On the Boulder Vein
Pooh bros, wagmi

[Anonymous No.53297634]

>>53297009
original link
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2710-cse/bllg/134298-blue-lagoon-encounters-11-02-gpt-au-and-2-31-cu-over-5-65-meters-within-5-49-gpt-au-and-1-21-cu-over-16-55-meters-in-a-major-step-out-hole-on-the-boulder-vein.html

[Renewable energy fag No.53297994]

>>53297009
So that's why the stock ran up. It's an especially good hit because the vein is completely open in that area and it's a large step out.

[Anonymous No.53298525]

>>53297009
>>53297634
excellent news from based Rana

[PAN MAN No.53298624]

>>53297009
>>53297634
NOW thats a good hit for the Boulder vein! Excellent news!
It sounds like they have hit chalcopyrite mineralization, which is different compared to what i recall from snooping around the old dumps on the site. Most of the ore at Dome Mountain that I have is quartz hosted fine grained blebs of pyrite or stringers of course pyrite and galena with some sphalerite. I dont think any of my samples have chalcopyrite in them. I ll have to have a look this afternoon.

[Anonymous No.53298746]

>>53297994
God morgen herr

[Renewable energy fag No.53298818]

>>53298746
Good morning, sir.

[Anonymous No.53299376]

Natgas sisters, how do you cope with life?

[Anonymous No.53299381]

Atlas bros are you positioned? Vulcans too.

[Anonymous No.53299415]

>>53299381
Anon, the entire sea is filled with salt. Basically its free, like air. Why invest in salt? Unless they are extracting lithium from sea water or some shit, why invest in it?

[Anonymous No.53299416]

>>53294756
>>53294835

It's an option. I just don't know anything about how the academic part works but I'll talk with the advisors and see what we can do.

[Anonymous No.53299566]

>>53299415
>Why invest in salt?

https://www.youtube.com/watch?v=RlH5--Q2Vu0

[Anonymous No.53299760]

>>53299415
>sea salt is free
To get sea salt you need a warm climate so the sun can dry it. Additionally the refining process is rather resource intensive. I can imagine it is more cost effective to mine it there instead of paying transportation cost.

[Anonymous No.53300435]

This is why Gary is the best trader and better than David Brady.


https://youtu.be/a8OVtEl40x0

[Renewable energy fag No.53302004]

Bump

[Anonymous No.53302278]

Anyone else own $FUU and $SUU? We're running.

$FUU likely getting added to URA tomorrow.

[Anonymous No.53303072]

Should I long Red Rock Resources plc? it's basically free at this point

[Anonymous No.53303076]

Hope you fellas are having a lovely week. One of our members at the hunting club passed so Im helping deal with that all week. I'll be the only officer left at this rate. 3 grey beards in 2 years. They're dropping like flies
Hope youre all in the green today

[Anonymous No.53303359]

>>53299415
I think they're exploring for oil. Thar be petroleum seeps in that there country.

[PAN MAN No.53303478]

>>53299415
rock salt deposits like the great atlantic salt dome are perfect for mining. Their cheap to operate in, and customers are already looking for new cheap salt for roads. Its an easy win, especially for eastern Canada and the US where evaporation salt production doesnt make as much sense.

[Renewable energy fag No.53304151]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/879-tsx/k/134358-kinross-announces-ownership-of-shares-of-allegiant-gold.html

So Kinross just exercised their warrants at 40c/share for 10M shares of Allegiant Gold while the last traded price is 22c, wtf? I'm sure if they wanted to fund the company they could have approached them and done a deal at market. How sloppy and wasteful.

[Anonymous No.53304534]

>>53304151
Kinross is renowned for wasting money, so it's not that surprising.

[Renewable energy fag No.53304648]

>>53304534
If you are referring to the acquisition/merger back in 2012 or whenever it was then that's a long time ago and I think pushed by shareholders too. They seem to do a fine job making money with some extremely low grades at their various open pit mines. So I'm dissapointed to see a release like this, makes me not want to invest. Even if it's a relatively small amount of money it implies a poor culture.

[Anonymous No.53304966]

https://www.yahoo.com/finance/news/mark-cuban-just-told-bill-170000142.html

Hilarious. Mark Cuban in one interview is able to fill out your precious metals bingo card.

[Anonymous No.53305389]

>>53281031
>Still holding 23,000 shares
That about $650. You made the big time chief. You made it. Until Graeme dilutes again, just two more dilutions, then a name change.

[Juniors No.53306346]

What are some decent gold/silver miners to invest in before the bullrun?

Please spoonfeed a newfaggot. Thanks frens.

[Juniors No.53306393]

>>53287153
>then they can probably start up in like 6 months.
Start mining or start building the mine?

[Renewable energy fag No.53306557]

>>53306393
Mining, that's just a guess though. Shouldn't take more than a year at least when all they may have to do is some more development and ofc hire staff.
Downside is that they only aim to mine 40ktpy at first which will probably only yield like 10koz, maybe 15koz if they have some high grade pockets. Tiny mines like that rarely make much money, if any. They have a permit for 75ktpy so I don't get why they didn't aim for that, still a small mine.
Since you are a fellow namechad I'll let you in on a hot stock tip; Canagold Resources. 1Moz at 10g/t gold for $20M fully funded to FS, wow what a steal. Disclaimer: I seem to be the only one here who's bought in.

[Anonymous No.53306585]

>>53306557
>Since you are a fellow namechad I'll let you in on a hot stock tip; Canagold Resources
Cool I will add it into my mix.
I want to diversify and buy like 10-20 decent juniors for the bull run.
Any other suggestions?
What about bunker hill?

[Juniors No.53306593]

>>53306557
>fellow namechad
heh yeah.. thats right..

[Anonymous No.53306859]

>>53306585
Look, mate, any bullshit company will go up in a bull market, particularly in the resource sector. You could buy some turd for $0.005, sit on it for a while, then eventually punters will look down the food chain to find a company that hasn't moved yet. It could easily pump to $0.025, and you have a 5-bagger.
I bought 100k CGD.v @ CAD$0.01 between Nov. 2019 and Feb. 2020 and sold at $0.05. They had no news flow, no capital raise, nothing. They just kept the lights on.
Just find some crap that nobody is interested in and forget about it. If money flows into the sector like it did the last time, it will outperform any major or mid-tier. Just make sure you sell it before it all comes crashing down.

[Juniors No.53306971]

>>53306859
>any bullshit company will go up in a bull market,
I realize this, but how much will they go up? I literally just need a 4x in the next 6 months to fix my life. If gold is past 2100, won't some of these lower quality juniors at least 4x?

>If money flows into the sector like it did the last time, it will outperform any major or mid-tier.
That's kind of what I thought. This is the opportunity of a lifetime for me.

[Anonymous No.53307001]

>>53306971
>how much will they go up?
It all depends on the sentiment. The 2020 bull run was tame compared to the 2008 run. It will depends on how many retards throw their money at it.

[Renewable energy fag No.53307008]

>>53306585
I believe Bunker Hill is base metals, if I'm thinking of the right one. If so I don't like it because I think we are going into a severe recession, so I'm avoiding all cyclicals and sticking to gold.
Other stocks that I think are decent are Argonaut Gold (has run a lot lately though so wait for a pullback). Kinross Gold if you're looking for a major with lower risk (I would wait for a pullback here as well).
In West Africa Sarama Resources is interesting and perhaps Toubani Resources.
Ascot resources may also be good, but again it's run a lot recently.
Calibre Mining if you want to gamble on jurisdiction.
Sabina Gold & Silver + Marathon Gold are two decent plays in construction.
G Mining Ventures seem to have very competent leadership and is decently priced actually, but I personally would rather just stay out of Latin America entirely right now.
Grande Portage gold.
Vanstar Mining, Scottie Resources, Benchmark Metals.

[Anonymous No.53307101]

>>53307001
I strongly feel that the upcoming bull run will be bigger than the 2008 one. I'm hoping that even dogshit companies will at least 5x.

>>53307008
Thanks for the advice. I will look into these.

[Anonymous No.53307140]

>>53306346
Bro literally just go to archives and search their the same ones are shilled every week.

[Anonymous No.53307198]

>>53307140
>search their the same ones are shilled every week.
liiikeeee?

[PAN MAN No.53307359]

>>53306393
>>53306557
Blue Lagoon (with permits) could start mining within a month, and start shipping ore to Merrit as soon as a shipping company was available. They might not start actually mining yet though if markets arent right to do it. You dont want to ship ore out when prices arent optimal, its expensive shipping non concentrated material to a mill. Their best bet might be to actually look into an on site ore sorting setup of some sort, but i am not sure the tech would be optimal for their ore.
>>53307008
bunker hill is mostly lead zinc with lots of silver credits from milling. It uses the existing workings of the past producing Bunker Hill mine complex, one of the largest mines in Idahos Silver Valley region.

[PAN MAN No.53307493]

>>53307008
Benchmark and Scottie are the two I can give loads of info on, Ascot too if its needed.
Canagold i have a bit of info on but its mostly historic stuff, not the modern up to date stuff.

[Anonymous No.53307517]

>>53306346
Scottie
Guanajuato
Atlas

[Anonymous No.53307851]

>>53307517
>Scottie
Why?
>Guanajuato
Why?
>Atlas
Why?

[PAN MAN No.53307863]

>>53307851
do your research, look up their properties and their potential, the archives have a lot of info but the news reports from these companies will give you a solid idea.

[Anonymous No.53308008]

>>53307863
I will try but I am a brainlet with AD/HD that just wants to make some money in this sector.

[Anonymous No.53308030]

>>53306557
I believe Lobo Tigre gives that one a thumbs up and he doesn't do that easily.

[Anonymous No.53308267]

AHHH IM GOING ALL IN FISSION 3.0(TICKER:FUU)

[Anonymous No.53309496]

An idea was floated on a podcast I listen to and I've decided to expound upon it

The Chinese have poor health standards and a much shittier healthcare system
SARS disproportionately affects asians because of genetic predisposition and living conditions/population density
The commodity bump we've seen in the new year is mostly based on china reopening
Chinese demand and supply suffers collapse after 'reopening' due to rampant covid, causing high volatility in commodities for the near future.

Therefore I will be selling into this pump as it is fake and gay, thanks for reading to my blog.

[Anonymous No.53309516]

>>53309496
The one thing you didn’t consider in your hypothesis is that covid is fake and gay

[Anonymous No.53309637]

>>53309496
Keep trying to be cute. Dont cry if you find no chair once the music stop.

[Anonymous No.53309757]

>>53309496
Nothing wrong hedging this with a cheap otm option.

[Anonymous No.53310345]

is it a commodity if you have insurance on your hands and play an instrument or code?

[Anonymous No.53310456]

>>53309496
I think all the Chinese COVID numbers are massively overstated right now. There's probably a ton of psychosomatic illness, and a pressure to make COVID feel as bad as possible by the government to rationalize the years of lockdowns they went through. Will blow over sooner than later.

[Anonymous No.53310513]

>>53308008
You have to do the work, if you want to make money.

[Anonymous No.53310713]

>>53306585
>Any other suggestions?
Yeah lurk moar namefaggot instead of shitting up the thread with "shill me" posts and "I just need a (x)x to be happy" posting.
>>53307198
Lurk moar and find out you colossal faggot, otherwise zoom off and kys yourself.

Shame on all of you regulars for spoonfeeding these retards and encouraging these types of posters. They had years to join us and contribute instead they were posting in crypto threads and now you're just handing away everything you've worked for when they could just read the archives if they were that desperate.

[Anonymous No.53310839]

>>53310713
extremely based post

Stop spoonfeeding faggot. If he wants to make money, the minimum is reading the thread, answer are everywhere. We'll have more of this soon now that commodity are breaking out.

[Anonymous No.53311338]

>>53310839
Based and
>We'll have more of this soon now that commodity are breaking out.
Yep. Gatekeeping is important now more than ever for the sake of the thread. I take solace knowing that most of these faggots know nothing so even if they are spoonfed they will panic sell too early or get greedy and hold too long.

[Anonymous No.53311428]

>>53311338
Won't lie, the last I wanna do is spoonfeed retards after bagholding for 2.5 years

No way I suffered for these faggot to buy the bottom of my picks. You might be able to if you read the threads and archive, otherwise you don't deserve any shares.

[Anonymous No.53311467]

>>53310839
>>53311338
How can we stop them from learning about Gary Savage? His premium subscription is the cheatcode to solid investment. They won't have to do any research or lurking and skip right past all the work we had to do - at least until we learned about Gary Savage's premium blog and private forum where Gary interacts with his subscribers and answers their questions.
It wouldn't even be a problem if Gary Savage hadn't chosen such a reasonable price. Three GME shares* just to get access to Gary's nuggies of wisdom? There's no way to gatekeep those damned newfags when he does that, they'll be our equals in no time at all, thanks to Gary Savage's decades of experience.

* (or 2/3s of a Tesla share)

[Anonymous No.53311519]

>>53311428
Couldn't agree more, friend.

>>53311467
Fear not, Gary's nugs poster. Gary actually no longer accepts new subscribers and puts them on a waiting list instead because he got sick of newfaggots moaning about quick wins, just like here lmao.
AFAIK the only people actually subbed to Gary's SMT ITT are me and Red. I dunno why I do though since he leaks everything anyway but I don't want to lose my spot so Papa Gary has me by the balls.

[Anonymous No.53312969]

https://twitter.com/TheLastDegree/status/1615357093686427650

GV is shilling BLLG

Glad I bought before him

[Renewable energy fag No.53313195]

>>53310713
>Shame on all of you regulars for spoonfeeding these retards
Doesn't cost me anything, I like discussing individual stocks. Someone is going to hold those shares, might as well be an anon.

[Anonymous No.53313196]

China? China!
Yellow fever.

[Anonymous No.53313339]

>>53306557
What's canagold management like?

[Anonymous No.53313528]

>>53312969
Being early was detrimental for me since I initially bought at .40 and its been a tug of war to average down.

[Anonymous No.53313570]

>>53313528
better than me, my average is .41 US

I remember an anon here with something like 500,000 shares at .39

[Anonymous No.53313587]

>>53313528
I averaged down big time 3 weeks ago when I contacted Rana. Now up 40% with 20k+ shares

[Anonymous No.53313623]

>>53313587
French anon? anything interesting on GV's "Margot" twatter lately?

[Anonymous No.53313674]

https://www.youtube.com/watch?v=4sqLPRhC2g0

[Anonymous No.53313702]

>>53313623
He shilled Hercules silver and Brunswick, nothing special for now.

[Anonymous No.53313847]

>>53313702
thanks, yeah I think he's been shilling those for a while

[Renewable energy fag No.53313900]

>>53313339
It has been controlled by an activist group with mines in production in Columbia since summer of last year when they outed previous mgmt and put in a new team. Hard to say how competent they are at this point but so far I like them. They were unhappy with previous mgmt because they moved the project forward too slowly. Since they took over they immediately began a FS and more drilling. They raised money for the study through a shareholder rights offering which I'm very happy with. So shareholders got to participate. Normally only institutions and perhaps investors with connections get to buy those new shares often at a discount with a warrant.

[Renewable energy fag No.53314433]

>>53313674
Very curious to see the maiden resource for Great Bear next month. Seems like they overpaid, but maybe the project surprises positively.

[Anonymous No.53314967]

>>53313900
Thanks for the info. I'm trying to decide on Cana or BLLG. I want sub 20c entry pick and I was gonna wait for lagoon to pullback after the next rate hike but canagold might be a good replacement.

[Anonymous No.53315019]

>>53314967
>thinking in share price and not market cap
ngmi.

[Anonymous No.53315053]

Good morning fellow non boy kissers. Had anyone slurped some deals?

[Anonymous No.53315083]

>>53315019
Is a difference of 6m really that serious?

[Anonymous No.53315108]

The entirety of my portfolio rests on these 2 companies.

Will I make it bros?

[Renewable energy fag No.53315277]

>>53315083
It's not huge, but he's right that per share price is completely irrelevant. Say you have two companies with equivalent assets, one has 1B shares outstanding at 10c per share ($100M mkt cap). The other has 100M shares out at 20c per share ($20M mkt cap).
The 20c company will obviously then be by far the best deal as it's 1/5th the mkt cap. Investing in this company will give you 5x as much ownership per $ invested.

[Renewable energy fag No.53315330]

>>53315277
Same goes for looking at shares out in a vacuum. Many people will say oh 500M shares out I'll never invest in that, makes no sense. Or talking about a "tight share structure". All that matters is mkt cap. You could split shares or reverse split them and end up with however many shares you want, but mkt cap stays the same.

[Anonymous No.53315810]

wtf?

[Anonymous No.53315867]

>>53274181

You can't, unless you have a special license to buy contracts on the COMEX. Otherwise, you can buy physical precious metals off of JM Bullion, or pick up some water bottles at Walmart.

[Anonymous No.53315956]

>>53315810
Nothing new. Look the date, look the chart.

[Anonymous No.53316537]

>>53289575
sgml idk

NPK wasn't this a coffee bean fertilizer. Speculative I hold UAN for fertilizers instead and just collect fat divvies.

AFM we should get a takeout in next year from desperate chinks plus a few divvies. God bless those congo negros

aris idk

ath id

[Anonymous No.53316644]

>>53315277
Screened. Thank you for the information.

[Anonymous No.53316718]

>>53304966
He's a retard.

[Anonymous No.53316732]

>>53273726

[Anonymous No.53316757]

>>53310713
Remember to all the new guys. The best miners are bayhorse and Canada silver cobalt works and Klondike silver and silver spruce.

These are low market cap miners that wil absolutely go to the moon. We're talking 50-100x here. You should especially buy these stocks if you're black, Chinese, liberal, or a woman. They have jurisdictional friendly to your cultures.

[Anonymous No.53316770]

>>53311467
Top kek.

[Anonymous No.53316785]

>>53311519
I don't leak everything. Only the big stuff he releases for free. There's still massive value in purchasing a nugs subscription.

[Anonymous No.53316809]

>>53312969
We bought before crescatt too nigga.

[Anonymous No.53316816]

>>53313195
Give lithium stocks renewable energy fag.

[Anonymous No.53316851]

>>53316732

[Anonymous No.53317089]

Tin bros ...

[Anonymous No.53317199]

Source energy services on the move

[Anonymous No.53317379]

>>53312969
>>53316809
I bought before them, too. It's why I'm down 40%.

[Renewable energy fag No.53317450]

>>53316816
Despite the name I only invest in gold. Haven't even looked into lithium stocks. I think lithium demand will go up a lot, but everyone thinks that. There are lots of projects in the pipeline too, will demand go up faster than supply? who knows.

[Anonymous No.53317551]

>>53311467
Thanks for the update Gary
Been fapping to your old weigh lifting videos. Makes me feel less gay to know you used to look better back then

[Anonymous No.53319332]

>>53317450
Spot lithium has gone up 70% this past year according to a Sprott article I just read. Maybe we should get on this trend.

[Anonymous No.53319359]

>>53317551
Red is Gary.

[Renewable energy fag No.53319395]

>>53319332
I know the price has gone crazy, but that makes me want to buy less because there is probably a lot of hype and investor eyes on the sector now.
Also the big recession incoming will hurt car demand.

[Anonymous No.53319529]

>>53319395
My thoughts as well but maybe there's some undervalued miners out there.

[Anonymous No.53319547]

>>53319332
>Sprott
It means they are selling.

[Renewable energy fag No.53319665]

>>53319529
Maybe, but I like gold much more so can't be bothered. I would like to get into other metals as well for the diversification, but I'm just too bearish on the economy. Even long term I'm bearish. The age of growth is over.

[Anonymous No.53320123]

>>53316757
Why be a faggot manbaby and fuck over new investors to this sector like a muh secret club gatekeeping adult baby? We should be welcoming new investors to buy our bags, not insulting them.

Grow up faggot.

[Anonymous No.53320848]

>>53319332
>Spot lithium has gone up 70%
So why does this make it attractive? If you weren't in at the start, then you've already missed out on the 70% gains. It might go up more, but getting in at this point is inherently more risky.
The market is now saturated with lithium juniors. Look at how many companies have all of a sudden become lithium explorers. It's sickening.
Based Wyoming knows the deal:
https://oilprice.com/Latest-Energy-News/World-News/Wyoming-Proposes-A-Voluntary-Phase-Out-Of-EV-Sales-By-2035.html

[Anonymous No.53320851]

>>53273726
Retard here.
What's an easy way to buy stocks?

[Anonymous No.53320981]

>>53320851
through direct investing with your bank

[Anonymous No.53321015]

>>53320851

[Anonymous No.53321016]

>>53320123
Nobody owes you shit

[Anonymous No.53321035]

>>53320981
How does that work?
Never saw anything where I can buy stocks on my bank account.

>>53321015
What's that?

[Anonymous No.53321062]

>>53321035
>Never saw anything where I can buy stocks on my bank account.
who are you with?
Usually they have a direct investing option, but you probably have to sign up in branch.
If they dont, just google "trading platforms" and pick one

>>53321016
>I hope NOBODY buys my bags!
>EVER!

[Anonymous No.53321066]

>>53320848
Damn I wish other states would put up a fight against this commie shit

[Anonymous No.53321078]

>>53321062
>I hope NOBODY buys my bags!
>EVER
Correct
:gigachad:

[Anonymous No.53321410]

>>53321062
usbank.
Now that I think on it they might have something.

[Anonymous No.53322275]

>>53316757
>>53316785
kek
>>53320123
kys yourself
you'll buy my bags way too late
and you'll be happy

[Anonymous No.53322282]

>>53273726
Fuck yeah Youngstown!

[Anonymous No.53322287]

kek baggies in this thread.

[Anonymous No.53322350]

>>53320123
>gatekeeping adult baby
gatekeeping is good.it's what real men do. That's why Mens clubs exists
get on my level
oh wait
you're late
>>53320123
>We should be welcoming new investors to buy our bags
>We should be welcoming
>We should
>We
You are not we
My bags are not yours
You will wish they were

[Anonymous No.53322470]

We all knew this would happen. Our time has come and these clowns will pour into this general as cryptos crash and burn

[Anonymous No.53322558]

Goldbros, the Yen did us dirty today.

[Anonymous No.53322697]

>>53320123
I will never help crypto faggots and normie faggots. I will actively go out of my way to cause them harm. They deserve nothing less.

[Anonymous No.53322715]

>>53322470
Remember.

The best miners are Klondike silver. Bayhorse. Pure gold. Aurcana silver. Canada nickel cobalt works. Silver spruce.

[Anonymous No.53322746]

lel

[PAN MAN No.53322749]

tasty silver ore from Cobalt Ontario, I love cheap ore samples.

[Anonymous No.53322790]

>>53322697
Based af. I need to load up on pink wojaks and bobos to shit all over the cryptofurry threads

[Anonymous No.53322839]

David Brady is saying to take a position in DUST! Lol! What a clown!

[Anonymous No.53322842]

>>53322790
Imagine this year when Gold goes to 3000 and bitcoin goes to 7k. Lol

[Anonymous No.53322856]

just to give people an idea of how often GV gets in and out of positions, here's 2 years ago

[Anonymous No.53322862]

>>53322856
He left Goliath and didn't say anything.

[Anonymous No.53322883]

>>53322856
here's today (the ones he posts)

[Anonymous No.53322901]

>>53322862
he pumps and dumps his 97k followers on a regular basis

[Anonymous No.53322916]

>>53322842
That would be $40 silver @ 75:1 ratios. I think I'll have about 100k in physical silver if that happens. I just wanna own a home with a barn and a few animals in the field. Couple of buck broken niggers chained up to tend it all whole I go fishing

[Anonymous No.53323300]

>>53322862
>>53322901
Which is why that day french anon as people are calling him was wrong in giving him that blue lagoon tip.

[PAN MAN No.53323385]

>>53322856
is GV shilling the Equity silver mine again? I know they have been having some pretty good results out there but i ll never recommend anyone invest in that project, its got too much bad history.

[PAN MAN No.53323425]

>>53323385
shit i meant the Silver Queen Mine owned by Equity Metals.

[Anonymous No.53323556]

>>53319332
>chasing green dildo
Go ahead, not interested.

[Anonymous No.53323682]

>>53323385
He's shilling aftermath silver and honestly it looks pretty good. They have like 4 billion dollars worth of copper st current prices and something like 125 moz silver and for some reason the company is a 20 million marketcap

[Anonymous No.53324009]

>>53319332
How the hell would you just now get the idea that lithium might have been a good investment? It's literally guys like you who will carry my bags to early retirement.
For the sake of not just being salty: try finding some other crucial metals that haven't gone up that much yet.
>What is Magnesium and is it even useful?
>Copper is stupid and not as useful as gold, durr.
>What is beryllium even?
>Manganese? That's just another spelling of magnesium, right?
Educate yourself, invest, and most crucially: wait and control your impulses.

[Anonymous No.53324128]

>>53324009
I've had the idea for years, I just never cared to look at it until now.

[Anonymous No.53324617]

>>53323682
Your dirty capitalist hands will stay off of Peru's finest silver junior 1 donkey drill bit operation.

[Anonymous No.53325616]

Are you mutts awake? How do you guys invest in lithium? Is LIT a good option? I am worried because they invest in companies like Tesla and Rivian.

[Anonymous No.53325631]

Also, another day of ass rape for us natgas sisters.

[Anonymous No.53325904]

>>53320851
Depends on your country. Just install the app of your favorite stock broker. KYC, drop some money into your stock broking account. Just buy stocks now.

[Anonymous No.53326591]

>>53325616
Buy the top. It always works out.

[Anonymous No.53326695]

>>53326591
You don't even have to mention it, that's what happens to me. Tell me the ticker symbols for lithium.

[Anonymous No.53326723]

>>53326695
>Tell me the ticker symbols for lithium
You can do it yourself by looking up the holdings of LIT.

[Anonymous No.53326831]

>>53326695
... and let us know your picks so I can take the other side of the trade.

[Anonymous No.53326877]

>>53326831
Currently I hold BOIL, UCO, URA and UEC.

[Anonymous No.53327388]

>>53275378
kek

[Anonymous No.53327411]

>>53275551

[Anonymous No.53328609]

Source energy services up 25% again today. 65% on the week

[Anonymous No.53329304]

>>53328609
Forgot pic
What is this pattern called?

[Anonymous No.53329382]

>>53329304
It's called the why didn't I buy sand

[Anonymous No.53329482]

Encore got the nyse listing

[Anonymous No.53329650]

>>53329382

[Anonymous No.53329775]

>>53329482
Wait...I thought you got out osh88mf uranium?

[Anonymous No.53329865]

>>53273726
Can you also sense (((their))) fear?

[Anonymous No.53329955]

>>53329865

[Anonymous No.53329995]

>>53329865
I feel stupid for fomoing into silver earlier into the month. Silver at 24.2 made me get rid of stinky fiat.

[Anonymous No.53330067]

>>53329995
This is the only number to watch. The higher it goes the more attractive silver is

[Anonymous No.53330075]

$DEFN.V analyst price target set to $0.94 CAD, currently priced at $0.33. Let's go!

https://twitter.com/PMResearch_ca/status/1615717086529224707

[Anonymous No.53330105]

>>53329865
the banksters hit us with a nuclear tamp

[Anonymous No.53330132]

>>53330105
Makes me happy coz I'm still accumulating.

[Anonymous No.53330194]

>>53330067
Thanks anon, I've started watching gsr more closely these days.

[Anonymous No.53330214]

>>53329775
I kept core positions and reduced the rest by half. I sold dnn, lotus, and isoenergy. Kept encore (biggest posistion), sorry, nexgen and global atomic.

[Anonymous No.53330241]

>>53330075
I was in this for a long time and now they have a kegal battle involving one of their claims.

[Anonymous No.53330276]

>>53330075
Oh my bad. Thought that was defiance.

>>53329775
If you buy encore today you're getting it for 30% than I bought it and it's only up 5% on news of the nyse listing. It goes on the nyse on the 23rd.

[Anonymous No.53330306]

>>53330276
30% less than I bought it*

Probably one of the best entries you'd ever get. Not to mention they're going to be producing this quarter and there you go.

[Anonymous No.53330344]

>>53330276
Thanks rw
I usually avoid energy like the plague because it's so volatile. But on this news and your recommendation I will toss a nickel at it today and see how it rides across into summer. A lot of countries are dusting off their nuke plants, much to the chagrin of the wef overlords

[Anonymous No.53330441]

>>53330241
>kegal battle
Why does this make me horny?

[Anonymous No.53330442]

Natgas sisters...

[Anonymous No.53330475]

>>53330442
DCA until next year. Your time will come.

[Anonymous No.53330492]

>>53330344
Encore and global atomic are the most solid uranium stocks in the entire space. If I had to pick one stock to shill in the entire space encore would probably take that and I'd be choosing from encore. Global, and salt.

[Anonymous No.53330502]

>>53330475
Sure thing anon. I'm going to go sleep now.

[Anonymous No.53330553]

>>53330276
No worries, I was a little perplexed, was looking through the news for legal issues.

[Anonymous No.53330582]

>>53330553
We're gonna make so much money this year guys.

[Anonymous No.53330601]

>>53330582
This makes my COVID the long COVID

[Anonymous No.53330638]

>>53330582
I know, I have good feelings about this year too, I think money is going to start flowing real soon. The Year of the Rabbit is about to begin.

[Anonymous No.53330702]

>>53330105
>>53330132
Same, buying more plat and silver juniors.

[Anonymous No.53330712]

My GDX is doing some strange things.

[Anonymous No.53330756]

I see Roastie Gold just got a boost to CAD$0.095 after publishing her resource estimate for Santa Fe. She's still down more than 75% from last year's IPO.
https://www.accesswire.com/735448/Lahontan-Announces-1112000-oz-Indicated-and-544000-oz-Inferred-Au-Eq-Maiden-Mineral-Resoure-Estimate-At-Santa-Fe

[Anonymous No.53330761]

>>53330702
Don't tell anyone else itt but nickel creek is my sleeper. Not shilled hard in the archives. Overlooked imho
Jurisdiction and logistics are the key factors for me

[Anonymous No.53330799]

>>53330761
I own a little NCP. Want to roll some of my gains this year into it later on, I think there will be plenty of time to accumulate and average up before it really takes off, they're still like 5 years away from putting their deposit into production.

[Anonymous No.53330932]

>>53330799
Yup. Strong correlations between nickel futures and their share price. Same with copper mountain and copper futures
Hoping for a long hold on both but I'll sell half if they 2x

[Anonymous No.53331460]

>>53316757
The funny thing is if newfags bought these they'd be filthy rich

[Renewable energy fag No.53331545]

>>53330756
>Roastie Gold
Kek. I saw that. Seems like a pretty good resource, nearly 1Moz oxide almost 1 g/t at a bit over 3 strip ratio. Still only C$10M mkt cap.
But I don't really want to invest in Roastie Gold.

[Anonymous No.53331753]

>>53331460
No kidding. I wish I had jumped on these myself but now I'm all out of dry powder
Thinking about selling a kidney and going all in with that cash. I guess I could go back to claim jumping and grave robbing.

[Anonymous No.53332347]

>>53325631
just bought BOIL am I pissing in the wind?

[Renewable energy fag No.53332910]

NEW

>>53332902