/CMMG/ Commodities, Mining, and Macro General

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/CMMG/ Commodities, Mining, and Macro General The Dane Fri Mar 17 03:11:53 2023 No.54167289 [Reply] [Original]

CMMG posters are Odin's men edition

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

More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
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: >>54085062

Anonymous Fri Mar 17 03:14:27 2023 No.54167312
File: 65 KB, 600x645, The Dane.png [View same] [iqdb] [saucenao] [google]

>>54167289

> /CMMG/ Commodities, Mining, and Macro General

> CMMG posters are Odin's men edition

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

> More information for each commodity
> https://pastebin.com/tduUv8Ny
> Calculators for DD
> https://pastebin.com/TsRtpKHs
> 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: >>54085062

>>	The Dane Fri Mar 17 03:21:47 2023 No.54167399 File: 224 KB, 1080x1081, 1678543784229423.jpg [View same] [iqdb] [saucenao] [google] >>54167312 fbwp

PAN MAN Fri Mar 17 03:21:54 2023 No.54167402

thank you for baking!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2861-tsx-venture/gldc/138029-cassiar-gold-expands-near-surface-gold-mineralization-at-taurus-southwest-intersecting-139-4-m-of-0-61-g-t-au.html

Cassiar Gold had some good news out today! More good grades near surface at Taurus.

>>	Anonymous Fri Mar 17 03:22:17 2023 No.54167407 >>54167289 Can I go wrong dumping 2k into Silver? I'm thinking of coins but honestly I don't know what I'm doing. Can any anons point me in the right direction?

>>	The Dane Fri Mar 17 03:28:00 2023 No.54167473 >>54167402 My pleasure >>54167407 Silver stocks are generally very highly valued because there are so few of them. So the most safe is definitely buying metal, that is buying a big bar so you don't pay much on top of spot.

>>	Anonymous Fri Mar 17 03:31:47 2023 No.54167515 >>54167407 >he thinks of "investing" in silver >says he doesn't know what he's doing Many such cases. Have fun bagholding for decades.

>>	The Dane Fri Mar 17 03:36:58 2023 No.54167571 >>54167515 Physical silver is a pretty safe bet at this price though, as it is below cost of production for many miners. Price can only go up unless demand goes down significantly, which seems unlikely.

Anonymous Fri Mar 17 03:44:16 2023 No.54167645

>>54167473
Interesting. Bars are nice and I see anons post their bars here, I just can't be too sure. I'm leaning on rounds or coins, as I can simply divvie them up if I am forced to. Obviously I wouldn't want to only have coins if SHTF but I don't only want bars either.
An ounce is an ounce, to me atleast. I haven't lurked enough to see anyone discuss Bars VS Coins, which is currently the height of my concern.
>>54167515
As far as I know, I'm aiming to buy silver to guarantee that some of my current wealth transfers to the future. Its not an investment I'm going to watch and sell right at the sight of high profit.
Seems like you wish it was like that though.

The Dane Fri Mar 17 03:53:52 2023 No.54167732

>>54167645
Well I don't personally think there is any real chance of society breaking down completely in the foreseeable future. Just look at South Africa, the blacks took over in 1990 and since then it has just been getting continuously worse. They may be reaching a breaking point relatively soon as power infrastructure isn't even reliable anymore. But yeah the US is still not even where SA was in 1990 yet. I believe premium is like 25% on 1 oz coins. That would leave a terrible taste in my mouth, who knows how much, if any, of that you will get back when selling.

Anonymous Fri Mar 17 04:00:04 2023 No.54167769

>>54167571
Silver is both a precious metal and an industrial metal. Its use in industry has a far greater effect on its (real) price than the comparatively small fine silver/jewelry market. An economic depression will kill demand for silver, so it won't be as nice of a hedge like gold, which is purely an investment/counter inflationary asset. Silver is like a mix of gold and the platinum group.

Anonymous Fri Mar 17 04:11:47 2023 No.54167868

>>54167769
Would silver be positively impacted by people investing in it along with gold in the event of market collapse? They usually go hand in hand when it comes to being recognized as a "safe investment" by the average person from what I've read/heard.

>>	Anonymous Fri Mar 17 04:16:26 2023 No.54167901 >>54167407 Monumentmetals.com

>>	Anonymous Fri Mar 17 04:18:18 2023 No.54167924 >>54167868 Go on YouTube and look up rick rules latest interviews on silver if you want the case presented factually from someone who knows what they're talking about

>>	Anonymous Fri Mar 17 04:25:29 2023 No.54167978 File: 184 KB, 512x287, hoppe-hhh-meme.png [View same] [iqdb] [saucenao] [google] Is this the natsocks faggot goyjack thread?

Anonymous Fri Mar 17 04:33:09 2023 No.54168063
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>>54167924
>Go on kikeTube and look up dick drules latest interviews on silver if you want the case presented homosexually from someone who knows who they're fucking over

Anonymous Fri Mar 17 07:22:32 2023 No.54169319
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>>54167289
Wednesday = Wodensdaeg/Wodenstag = Woden/Wotan/Odin's Day

Ancient Rome called Wednesday "dies Mercurius". Day of Mercury.

Odin = Mercury = Hermes = Thoth

>>	Anonymous Fri Mar 17 07:54:34 2023 No.54169529 >>54167289 When is bayhorse and magna gold Co. Rebounding? I need to make the most of my TFSA room

>>	Anonymous Fri Mar 17 11:51:53 2023 No.54171324 Bumps

>>	Anonymous Fri Mar 17 12:03:40 2023 No.54171500 >bitcoin going up again Commodities really were the worst investment. While the markets were strong they plummeted, now that they're weak they continue to de-value.

>>	Anonymous Fri Mar 17 12:39:56 2023 No.54171932 >>54171500 So you're saying to buy more

>>	The Dane Fri Mar 17 13:10:05 2023 No.54172349 >>54167769 True, but a recession could also mean that investors no longer wants to fund those money losing silver mines, which would lower supply.

>>	Anonymous Fri Mar 17 13:15:45 2023 No.54172415 File: 279 KB, 1312x450, Au.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Fri Mar 17 14:09:29 2023 No.54173178 File: 79 KB, 1310x836, Capture.png [View same] [iqdb] [saucenao] [google] >>54167289 I have returned for suggestions

>>	Anonymous Fri Mar 17 14:10:22 2023 No.54173192 File: 551 KB, 1827x1922, RR.jpg [View same] [iqdb] [saucenao] [google] kek

>>	Anonymous Fri Mar 17 14:19:53 2023 No.54173330 >>54171500 >Commodities really were the worst investment. none of you are buying commodities. mining company stock is equity, not a commodity eventually one or two of you will realize that was a critical error.

>>	Anonymous Fri Mar 17 14:29:07 2023 No.54173467 File: 539 KB, 1920x1080, intercepts.jpg [View same] [iqdb] [saucenao] [google] NFGbros #1 this week

>>	Anonymous Fri Mar 17 14:34:18 2023 No.54173543 >>54173192 b-but... dollartown...

>>	The Dane Fri Mar 17 14:34:57 2023 No.54173556 Pet rock doin a lil sumn sumn

>>	The Dane Fri Mar 17 14:36:02 2023 No.54173571 >>54173543 >>54173192 Dollartownbros... not like this

>>	Anonymous Fri Mar 17 14:44:18 2023 No.54173726 i am currently down 35%

>>	Anonymous Fri Mar 17 14:53:56 2023 No.54173883 File: 278 KB, 1272x1504, 404d.jpg [View same] [iqdb] [saucenao] [google] >>54167289

>>	Anonymous Fri Mar 17 14:58:09 2023 No.54173957 >>54173883 is there any copium for this? i bought in at 20 cents

>>	Anonymous Fri Mar 17 15:08:11 2023 No.54174150 >>54173957 if silver moons even relatively inactive silver companies should get a serious bump

Anonymous Fri Mar 17 15:10:24 2023 No.54174190

>>54173957
also the company has everything to gain by pumping price again, same way they did last time. They're going to keep doing that over and over as long as they can because that's how the boss gets rich.
so as long as the company exists there's a chance for it to pump.

>>	Anonymous Fri Mar 17 15:11:26 2023 No.54174214 File: 48 KB, 795x285, MASIVO.jpg [View same] [iqdb] [saucenao] [google] >>54173543 >>54173571 kek

Anonymous Fri Mar 17 15:16:24 2023 No.54174305

>>54173957
There's also the tort route. I see class action lawsuits being brought against the crypto exchanges for losses by shitcoin buyers. It's possible that 4chan or silver miner or even bayhorse can be sued for fraud or handing out bad guidance without the required loicenses.

seems unlikely, but perhaps not impossible to recoup some losses that way, and it would be funny if /cmmg/ ended up owning bayhorse or 4chan or both. That's a long shot I'd guess.

>>	Anonymous Fri Mar 17 15:18:44 2023 No.54174356 File: 46 KB, 975x258, ps.jpg [View same] [iqdb] [saucenao] [google] wagmi

>>	Anonymous Fri Mar 17 15:20:45 2023 No.54174397 >>54174305 i just want to break even

Anonymous Fri Mar 17 15:21:34 2023 No.54174415

>>54173957
the biggest problem with the tort route is that most of the people that got defrauded participated in the apparent fraud themselves by hyping and shilling the stock at the same time they were falling for the shilling themselves. It would be hard to find an actual victim of a BHS P&D when all the victims were themselves pumping the stock, probably illegally.

Anonymous Fri Mar 17 15:23:06 2023 No.54174446

>>54174397
you're waiting for silver to go up, and then stay up long enough to break the resistance of all the shares and options that were issued. A long shot, but not impossible. If the company stays in business long enough silver is virtually guaranteed to go up. But that could be a decade out for all I know.

Anonymous Fri Mar 17 15:35:44 2023 No.54174686

>>54174397
If it helps any, both Pan Man and myself can assure you that new silver and gold projects are still moving forward, even at current prices. Metals are up and miners are making cautious moves towards production.

overall this isn't a bad environment for a BHS resurrection. They have enormous obstacles to overcome, but they may in fact overcome them if they want to bad enough.

Anonymous Fri Mar 17 15:38:49 2023 No.54174743

>>54174397
personally I would sell and take the loss off my taxes.
but then I pay hundreds of thousands of dollars in taxes every year, so losing a wad on BHS wouldn't be a problem to me.

your mileage may vary, but at the very least I'd be offsetting my tax burden every year by selling a portion of the stock at a loss. But that's just me, and I'm not qualified in any way to give you tax advice or stock market advice. If you don't owe taxes then the loss can't help you.

Anonymous Fri Mar 17 15:52:31 2023 No.54174983

>>54174415
another problem for suing is that as I recall, at least a couple anons here lied to exchanges about their financial situation in order to amass BHS stocks.

the legal requirements for trading penny stocks in the US are there to prevent people who can't afford huge losses from taking them. Nobody is likely to prosecute a trader that lies about their financial condition, but it's also very hard to claim to be a victim of unfair losses when a person has committed a crime in the process of realizing them.

Anonymous Fri Mar 17 16:00:54 2023 No.54175133

>>54174983
basically a person can't lie and say they can afford a million dollar loss and then turn around and sue someone for causing them a loss of a million or less that they can't afford.

this is a boilerplate protecting exchanges and public companies, not just the investor. If the investor breaks the law and loses, they have basically no protection from losses they can't afford. No jury in the US is likely to be sympathetic to an investor that lied on financial statements and then lost money they couldn't afford because of their own lies.

>>	Anonymous Fri Mar 17 16:02:55 2023 No.54175169 >>54173330 I’m buying x3 natural gas ETF’s

>>	Anonymous Fri Mar 17 16:05:19 2023 No.54175204 >>54175169 ok, so you might be buying commodities. sorta. An ETF is at least closer than buying shares of a producer.

>>	Anonymous Fri Mar 17 16:08:34 2023 No.54175264 >>54175169 also of course leverage puts you into extremely risky territory, but that's a different topic than the risks of buying producers rather than commodities.

Anonymous Fri Mar 17 16:08:57 2023 No.54175274

>>54174686
>They have enormous obstacles to overcome, but they may in fact overcome them if they want to bad enough.
That's a big "if" bob
>id:Wog
lol

>>54175169
based and same. It's either forming a base now or I'll ride it all the way down to 1.50 and triple down into it.

Anonymous Fri Mar 17 16:11:36 2023 No.54175333

>>54175274
>That's a big "if" bob
yes

any break even scenario at this point seems unlikely to me, but not impossible. The best scenario is anon owes more on his taxes for the next 5 years than he lost on BHS.

and yeah, gas looks pretty good to me right now. Even if Putin died right now, russia is unlikely to be a major force on western supply any time soon. Prices seem low.

>>	Anonymous Fri Mar 17 16:16:48 2023 No.54175430 File: 53 KB, 819x1024, 490F60C0-DEB9-4C68-8BA3-E2BA4F8611BF.jpg [View same] [iqdb] [saucenao] [google] Yes

Anonymous Fri Mar 17 16:19:25 2023 No.54175471
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>>54175333
Checked and yeah. I'd like to see a redemption desu purely for the memes. I have no horse in the race but even as a call option on silver I'd rather just buy a silver ETF and call it a day than risk getting wrecked by the horse. In fact that's exactly what I've already done.

>>	Anonymous Fri Mar 17 16:22:30 2023 No.54175517 File: 579 KB, 805x2053, A solid gold swastika disc is the oldest-known reference to Odin of Valhalla, the Norse god of war and death, say archaeologists.jpg [View same] [iqdb] [saucenao] [google] >>54167289

>>	Anonymous Fri Mar 17 16:27:03 2023 No.54175594 File: 77 KB, 1200x630, riding a dead horse.jpg [View same] [iqdb] [saucenao] [google] >>54175471 It's be funny for sure I figure if it shoots back up over .20 most here would still try to hold it to the moon anyways

>>	Anonymous Fri Mar 17 16:34:32 2023 No.54175720 Favorite gold miner and why. Mine is i-80 gold and I'm working on a presentation for the thread.

>>	Anonymous Fri Mar 17 16:36:05 2023 No.54175744 >>54173178 Do you have a picture of the whole web? You should add vaccines and Ukraine in there.

>>	Anonymous Fri Mar 17 16:37:51 2023 No.54175770 >>54174356 Apparently Michael Maloney number was 1950 and says we're locked and loaded now. Gary called the icl yesterday and says we're either in a triangle consolidation or a blast off. Either way we're moving up to 2100 and beyond.

>>	Anonymous Fri Mar 17 16:38:11 2023 No.54175775 File: 1.96 MB, 373x498, 1653546789112.gif [View same] [iqdb] [saucenao] [google] >>54175594 >he wouldn't be buying at .20 this is why you'll only ever be a lowly millionaire bob

Anonymous Fri Mar 17 16:45:22 2023 No.54175876
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>>54175775
kek
I was about to buy at .06 and they amazed the world by suddenly and spectacularly quitting work.

If it does a 6x in a week or whatever it'd be tempting to buy. But the company is shit no matter what the price does I think.

>>	Anonymous Fri Mar 17 16:52:33 2023 No.54175983 File: 90 KB, 1295x889, Capture22.png [View same] [iqdb] [saucenao] [google] >>54175744 It gets a little hard to share when it branches out that far so I was thinking of keeping it in the financial/biz realm

>>	Anonymous Fri Mar 17 17:08:27 2023 No.54176219 >>54167289 >What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises) >government (((Rothbard))) and (((Mises))) should know what their relatives at the fed have done.

>>	Anonymous Fri Mar 17 17:25:39 2023 No.54176481 File: 106 KB, 1308x890, Capture3.png [View same] [iqdb] [saucenao] [google] >>54175983

>>	Anonymous Fri Mar 17 17:27:56 2023 No.54176515 File: 41 KB, 674x548, Capture78987.png [View same] [iqdb] [saucenao] [google] >>54176481 >Ahhh!! BANK RUN! >Bailout!! >Panic!! IMO we're in the 'who do we blame, it wasn't my irresponsible behavior' section.

Anonymous Fri Mar 17 17:32:08 2023 No.54176597
File: 122 KB, 1509x818, Natty.png [View same] [iqdb] [saucenao] [google]

To add to the natty discussion, while it could still be forming a base and working off that overbought condition it has technically resumed its downtrend (or commenced a new one), with today (assuming no sudden crazy action) confirming the third lower high and lower low. The second lower high and lower low are only by a sliver, but the trend is there.
I'm not gonna sell anything but I'm not buying any more until that downtrend is broken. I'd very much like to see it close the week above ~2.4 at least.

>>	Anonymous Fri Mar 17 17:40:11 2023 No.54176757 File: 6 KB, 229x229, 1612059796985.jpg [View same] [iqdb] [saucenao] [google] >>54173467 NFG up 7%

>>	Anonymous Fri Mar 17 17:51:47 2023 No.54176954 >>54169319 I recently read Ovid and highly recommend it bros. You can see the parallels between Mercury and Odin, more so Odin from the older sagas than the Eddas.

Anonymous Fri Mar 17 17:57:41 2023 No.54177041
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Hello fellow commoditychads.
After the announcement of QE infinity on Sunday, I have doubled down on my strategy of buying long-dated OOTM calls on GDX, GDXJ, and SILJ.
Is anyone else doing this? This doesn't feel like gambling; it feels like free money - like buying long-dated UNG calls in December, 2022.
Am I missing something or is it really supposed to be this comfy?

>>	The Dane Fri Mar 17 18:30:43 2023 No.54177664 +$170 in 6 trading days, damn.

>>	Anonymous Fri Mar 17 18:36:06 2023 No.54177768 File: 6 KB, 510x130, new-eqx-logo-2020-v2.png [View same] [iqdb] [saucenao] [google] Buy GMTN. Posted EBITDA of $750k for January. MktCap is only $20M. Sell Gayhorsr and Jew Lagoon and buy this company that is actually producing

>>	Anonymous Fri Mar 17 18:38:30 2023 No.54177819 File: 73 KB, 808x805, OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO.jpg [View same] [iqdb] [saucenao] [google] OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>	Anonymous Fri Mar 17 18:51:16 2023 No.54178050 File: 60 KB, 600x797, 1611867277266.jpg [View same] [iqdb] [saucenao] [google] >>54177041 >UNG calls in December, 2021* oops

>>	The Dane Fri Mar 17 18:54:44 2023 No.54178120 File: 3.97 MB, 640x360, 1662931069860388.gif [View same] [iqdb] [saucenao] [google] Odin is with us https://youtu.be/nddKLytdNG4

Anonymous Fri Mar 17 18:54:53 2023 No.54178124
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>>54167407
you cant be wrong buying coins. If you dont know shit about investing and wants silver miner, SILJ is good enough for you.

>>54173192
I wish this guy so many bad things. God forgive me.

>>54173957
30+$ silver solve everything. You're still a retard for not having sold.

>>54174356
1991$ now, holy moly, wagmi bro

>>54177768
management proved they can't be trusted. Anyone buying this shit deserve to lose every penny.

>>54176757
>1 billion market cap
You'd be lucky if it double. I prefer junior.

>>	Anonymous Fri Mar 17 19:04:33 2023 No.54178290 >>54173467 I sold the top. I will buy the next dip

>>	Anonymous Fri Mar 17 19:33:17 2023 No.54178819 >>54178124 >management proved they can't be trusted. Anyone buying this shit deserve to lose every penny What did they do?

>>	Anonymous Fri Mar 17 19:44:32 2023 No.54179028 So what's stopping someone from buying $2k worth of bayhorse at 2c and parking a sell limit at 3c? It will trigger the next time a shill starts a new campaign, silver moons, or when the owner tries to pump.

>>	Anonymous Fri Mar 17 19:51:34 2023 No.54179161 >>54179028 it may never go back up

>>	Anonymous Fri Mar 17 20:15:37 2023 No.54179607 >>54167289 shill me stocks to buy

>>	Anonymous Fri Mar 17 20:17:11 2023 No.54179642 >>54179607 see >>54173883

>>	Anonymous Fri Mar 17 20:18:38 2023 No.54179663 >>54179161 True but I'd only be risking two thousand to make one thousand. Actually not even so, because if it starts falling towards 1c and I can bail before then. Even dumping at half a cent over will net me around $500 >>54179642 this

>>	Anonymous Fri Mar 17 20:20:57 2023 No.54179702 >>54178819 Look at the interview their CEO did right before the share price collapsed in early 2022.

The Dane Fri Mar 17 20:33:40 2023 No.54179933

>>54179702
Also they were meant to produce at like $700 AISC and ended up producing at 3x that cost. The CEO also had no prior mining experience I believe, which is why I never seriously considered buying it. I mentioned this early last year too. Quality of mgmt is incredibly important.

>>	Anonymous Fri Mar 17 20:38:19 2023 No.54180010 >>54179933 CEO knew full well what he was doing, its worse. Fucker deserve the rope.

PAN MAN Fri Mar 17 20:41:33 2023 No.54180068

afternoon all how are things? Its great out, been busy removing snow.
Anything major happening today that i might have missed? more banks failing?
https://www.mining.com/activist-shareholders-accuse-azimut-exploration-of-squatting-on-quebec-lithium-lands/

>>	Anonymous Fri Mar 17 20:42:44 2023 No.54180102 >>54179663 >if it starts falling towards 1c and I can bail before then a stock can go from $500 per share to zero in less than a second

>>	Anonymous Fri Mar 17 20:58:29 2023 No.54180360 File: 837 KB, 1409x1144, 1627062076578.png [View same] [iqdb] [saucenao] [google] >>54180102 or from zero to $500 in less than a second

>>	The Dane Fri Mar 17 21:01:30 2023 No.54180425 File: 2.93 MB, 640x360, 1648235840725.webm [View same] [iqdb] [saucenao] [google] GOOOOOOOLD Nice finish to the week. Will we pass $2k for good on Monday?

>>	Anonymous Fri Mar 17 21:05:13 2023 No.54180491 File: 1.88 MB, 640x360, Gold.gif [View same] [iqdb] [saucenao] [google] >>54180425 Gold will never be below $2,000USD again

>>	The Dane Fri Mar 17 21:07:57 2023 No.54180535 File: 146 KB, 640x488, 1617717985134.jpg [View same] [iqdb] [saucenao] [google] >>54180491 No cap detected

>>	PAN MAN Fri Mar 17 21:08:30 2023 No.54180546 File: 48 KB, 662x676, New_Found_Gold_Corp__New_Found_Intercepts_146_2_g_t_Au_over_25_6.jpg [View same] [iqdb] [saucenao] [google] >>54180425 god i hope so, gold going up and up is great!

>>	Anonymous Fri Mar 17 21:13:40 2023 No.54180616 File: 1.60 MB, 4032x3024, IMG_20230302_203152.jpg [View same] [iqdb] [saucenao] [google] >>54167407 Buy big bars. Picrel.

>>	Anonymous Fri Mar 17 21:25:25 2023 No.54180795 File: 17 KB, 392x284, scz.jpg [View same] [iqdb] [saucenao] [google] SCZ doubled in a week.

>>	Anonymous Fri Mar 17 21:28:34 2023 No.54180854 >>54180616 Those tomatoes are gonna be worth more than that silver soon lmfao

>>	Anonymous Fri Mar 17 21:42:55 2023 No.54181093 https://goldseek.com/article/gold-mid-tiers-q422-fundamentals Worth a read. Analysis of mid tier gold producers. Also. Holy fuck gold ran up to 1990.

>>	Anonymous Fri Mar 17 21:45:16 2023 No.54181147 >>54180795 God dammit. I pulled out because I was waiting on the financial reports. Mother fucker.

>>	Anonymous Fri Mar 17 21:50:46 2023 No.54181279 >>54180795 I'm still waiting for their earnings report to come out. Looks like the silj etf is buying them or something. If their earnings come out good I'll throw ten thousand on it.

>>	Anonymous Fri Mar 17 21:57:01 2023 No.54181408 File: 30 KB, 300x295, OOOOOO.jpg [View same] [iqdb] [saucenao] [google] >>54172415

>>	Anonymous Fri Mar 17 22:20:41 2023 No.54181924 >>54177041 Total retard here how do I go long on gdxj?

>>	Anonymous Fri Mar 17 22:28:48 2023 No.54182089 File: 218 KB, 683x1024, 1671115546714621.jpg [View same] [iqdb] [saucenao] [google] >>54181924 >open brokerage account >deposit monies >place buy order for gdxj It's really not hard

>>	Anonymous Fri Mar 17 22:31:02 2023 No.54182131 Favorite gold miner and why? Which will have the biggest gains?

>>	Anonymous Fri Mar 17 22:32:50 2023 No.54182160 >>54180010 >>54179933 It's called a poop and scoop guys. CEO says they won't dilute, they dilute by 20% (for large cash injection), stock drops 90%, CEO buys the dip. Sounds based if you ask me

>>	Anonymous Fri Mar 17 22:45:45 2023 No.54182432 File: 109 KB, 1257x580, 1679080940191209.png [View same] [iqdb] [saucenao] [google] uh oh what's this? >>420054984

>>	The Dane Fri Mar 17 22:45:54 2023 No.54182433 File: 27 KB, 612x311, Udklip.jpg [View same] [iqdb] [saucenao] [google] >>54182131 What if I told you, that you can buy a 1Moz+ 10 g/t resource in Canada with a resource update coming shortly that is fully funded to FS for US$20M?

>>	The Dane Fri Mar 17 22:46:57 2023 No.54182457 File: 120 KB, 1411x794, Udklip.jpg [View same] [iqdb] [saucenao] [google] >>54182433 this one

>>	PAN MAN Fri Mar 17 22:52:15 2023 No.54182565 >>54182131 explorer or miner? Seabridge is one of my favorite near term miners, and Scottie is my favorite explorer. Seabridge's KSM is incredible. Scottie's Blueberry zone is a stunning location, you cant ask for a better discovery location.

PAN MAN Fri Mar 17 22:54:47 2023 No.54182617
File: 242 KB, 1024x768, New Polaris Mine Camp 2020.jpg [View same] [iqdb] [saucenao] [google]

>>54182432
Nickel seems to have a lot of fraud in its market, we just saw a major nickel buyer cheated out of a massive shipment recently.
>>54182457
New Polaris looks pretty good too! There's been some talk recently about bringing back hover craft services to the Stikine and Taku Rivers from two different companies, that could help Canagold a ton!

Anonymous Fri Mar 17 23:14:00 2023 No.54183005
File: 691 KB, 1362x2048, IMAG1954.jpg [View same] [iqdb] [saucenao] [google]

Do yanks celebrate paddys or is it just for the tryhards who wish they were Irish? I was about to assume no till I realized it's like 4pm in your land so you probably haven't even finished slaving. Sad I've always passed out before you niggers even open the bottle

>>54182433
Checked and are you telling me I can get a whole can of gold for 0.22?

Anonymous Fri Mar 17 23:16:17 2023 No.54183051

Sticking up for the money/ kike god recently. A few weeks ago moaned about the silver jew. Lucky while i was bailing my self out dca shtf. Jews are full of surprises. Yin and yang, learning to be a ruler of the cycles. That's life not this good and bad shit. Choices have consequences. One love

>>	The Dane Fri Mar 17 23:25:24 2023 No.54183241 >>54182617 Sounds good. >>54183005 Das rite Paddys day classic throwback https://twitter.com/CookGriller/status/1636802701055885331

Anonymous Fri Mar 17 23:26:59 2023 No.54183265

>>54183005
my family was mostly irish potato immigrants. I don't really celebrate St. Paddy's day, but a lot of murricans do. As far as I can tell, waking up is a good enough reason to celebrate. Also not having to work tomorrow. Also also getting my taxes finished so I can move on to more useful things.

>>	Anonymous Fri Mar 17 23:38:22 2023 No.54183451 >>54173178 >>54175983 >>54176481 What is this autistic gibberish?

Anonymous Fri Mar 17 23:49:28 2023 No.54183620
File: 569 KB, 719x695, 1562264259732.png [View same] [iqdb] [saucenao] [google]

>>54183241
>"people" will do anything for a pot of gold
lmao if I didn't hate niggers so much I'd love them

>>54183265
>my family was mostly irish potato immigrants
snap. Still never been there myself, just visited the Scottish roots but Ireland will be one day
>I don't really celebrate St. Paddy's day
Honestly me neither, but I've been on a real health and fitness trip lately and suddenly realized I hadn't had a sniff of drink in 6 weeks so took the oppurtunity
>As far as I can tell, waking up is a good enough reason to celebrate
Way to be a bummer lol. jokes aside glad you're still awake brother
>Also not having to work tomorrow
petty millionaire problems, buy bayhorse
>Also also getting my taxes finished so I can move on to more useful things
Damn yeah I forgor it's time for the annual ritual menstration.
At least in my climb I know that between the ISA and brittanias being legal tender the tax man will get more from sucking my cock. I've got a lot to bitch about but at least it isn't taxes lol

Anonymous Sat Mar 18 00:00:51 2023 No.54183791

>>54183620
>that picture
kek

>I've been on a real health and fitness trip lately and suddenly realized I hadn't had a sniff of drink in 6 weeks so took the oppurtunity
neglecting the booze for half a year is alcohol abuse, I'm glad you're taking a day off!
>just visited the Scottish roots but Ireland will be one day
mines weird because I got some pure irish and some pure scottish, and then a shitload of scottish ancestors that came here after a generation or two in ireland. I guess bad luck to leave scottland for ireland and get there just in time to starve. Not sure if coming to america improved their lives, but they didn't starve anyways.

>>	Anonymous Sat Mar 18 00:01:51 2023 No.54183809 >>54183791 lol, read it as 6 months...

Anonymous Sat Mar 18 00:09:07 2023 No.54183917
File: 88 KB, 416x416, 1613933729330.jpg [View same] [iqdb] [saucenao] [google]

Been pretty darn chaotic in the market in recent days and weeks huh. Gold might retest its ATHs next week or the week after that. Yield curve reverted and rocketed skywards; bond market is seeing a Central Bank reversal in interest rate policies within about six months. Personally I believe there may be severe economic contraction which will force Cental Banks to easen monetary policy, and that's when I'm going to put my cash to good use. Long short end T-bills and gold, plus keeping a healthy serving of cash on hand seems to be the play right now. Shorting banks or shitcos is an option as well but there is a lot of volatility on that front so you might get burned. Personally I have a bunch of bullion ready for this situation as well as cash, but I bought some end of June dated T-bills and royalty companies this week. It's hard to say where we're going from here in the next few weeks and months but it is certainly going to be chaotic.

What are (You)r views right now my fellow commodity chads?

>>	Anonymous Sat Mar 18 00:17:59 2023 No.54184052 >>54183917 The Fed will do something stupid, the market will normalize anyway, and metals will recede, but not as low as they were. The honking will continue.

Anonymous Sat Mar 18 00:31:20 2023 No.54184231
File: 2.98 MB, 854x480, 1678629547238990.webm [View same] [iqdb] [saucenao] [google]

>>54183791
>half a year
>>54183791
>lol, read it as 6 months...
lol
Yeah 6 weeks is enough abuse for me, 6 months is the kind of thing I read about
desu lately ive been taking my sleep especially seriously hence why ive been off it which has been great one the one hand but on the other it's nice to forget about at least for a day or so.

>I got some pure irish and some pure scottish
Same, from the family tales I've heard at least but I take it all with a pinch of salt coz if there's one thing that's clearly genetic it's love for the whisky so the stories tend to end up more "what I'd like" rather than "what is"

>Not sure if coming to america improved their lives
It might not have been for theirs but I think overall it has clearly been a benefit for their descendants, i.e. you. Maybe it's just the distance talking, I understand the grass is always greener, but it always seems like I'd have rather grown up on the other side of the pond all things considered
I love my homeland but damn
damn

Anonymous Sat Mar 18 00:33:45 2023 No.54184267

>>54177768
looks pretty promising. They almost doubled the head grade which seems to be the sole reason for them finally turning a profit. They delivered 1,333oz Au from 12,018 tonnes (3.49gpt Au) in the third quarter last year. But after Q3 they redesigned their pit and improved drilling and blasting procedures which seems to have made a critical improvement in their operations. Their newest NR states that they have improved grades consecutively in the last four months with January being the best, delivering 1,164oz Au from 6,179 tonnes (6.04gpt Au). That is a significant improvement from last year's Q3, and if they can keep up those grades then they should remain profitable. They're a long way from that targeted 65koz annual production but if they can at least keep up 1koz a month then that's still 12koz a year which wouldn't be far from the 19koz targeted production number for years 1-3.

I'm hesitant to invest but I'll keep my eye on how they keep progressing. Hopefully they will have monthly updates.

Anonymous Sat Mar 18 00:34:46 2023 No.54184279

>>54183451
A summarization of 'a fool and his money are soon to part' plus the truth behind the economic situation.
Powell and Yellen want to make up elaborate bullshit on why SVB failed.
It got drunk and stupid on Covid freebies and scams, now they have to hide their tracks.

>>	Anonymous Sat Mar 18 01:00:56 2023 No.54184565 File: 59 KB, 819x509, 1658501684037705.jpg [View same] [iqdb] [saucenao] [google] https://www.youtube.com/watch?v=YphoxNc-FaM

The Dane Sat Mar 18 01:02:06 2023 No.54184577

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/426-tsx/sam/138096-starcore-reports-q3-results-5.html

Anyone still holding onto this dog? Releasing results late on a Friday is never a good sign lol. Nearly $2M loss in 3 months producing 2koz.
If they had just paid out the money they made in prior years as dividends at least shareholders would have gotten something, and it would have been a far more exciting play. But of course they spend it drilling their worthless moly project that the market doesn't even care about when moly price is rallying because its shit. Now they are just going to lose and waste the rest of their money until they go bankrupt. Gg wp.

The Dane Sat Mar 18 01:12:18 2023 No.54184701

>>54184565
They have some amazing results for sure, but I think the geology is pretty complex. It's not like they hit these types of results consistently over a very large zone. So it's a bit hard to work out how much exactly they have at what grade, it would be nice to see a resource.

Anonymous Sat Mar 18 01:16:35 2023 No.54184758
File: 38 KB, 536x313, New Found Gold beautiful core sample.jpg [View same] [iqdb] [saucenao] [google]

>>54182131
I really like Sandstorm Gold, but admittedly I still need to do more DD in many of the other royalty companies too. Osisko Gold Royalties is great too with a lot of growth coming up although they are much more reliant on their Canadian Malartic royalty (which granted is an amazing project but they are still very exposed to any risks that may arise over there). Franco-Nevada and WPM are safer bets, the former is the best diversified in the entire royalty sphere and is fundamentally the most sound investment, although about a fourth of their revenue is from a single mine which recently faced some issues that were solved quickly though; the latter is also fundamentally sound but is less diversified and much more precious metals focused. I should look into other players like Empress, Triple Flag, Metalla and Royal Gold to name a few. But so far I think I like Sandstorm Gold the most. If I had a lot of money I would probably spread it across the royalty space and call it a day.

As for the miners, explorers and developers: Agnico Eagle is my favorite gold major (Russian gold companies would easily take that spot but they are locked away); Orezone, Calibre and Jaguar are interesting midtier producers; explorers/developers don't attract me much anymore because I've turned so risk-conscious but I would be willing to put a little bit into New Found Gold or Integra Gold or some other relatively promising explorer, or even a tiny producer like Gold Mountain or Silver X, but only a little bit for speculation's sake. I feel much better taking less risk for now, and if I want to I can always buy options for some of the bigger companies for leverage as well.

>>	Anonymous Sat Mar 18 01:20:43 2023 No.54184794 >>54184701 It's similar to Fosterville in terms of geology, except it's closer to surface. There is no doubt that it's a tier 1 deposit but it needs a lot of development before it ever becomes a mine.

>>	PAN MAN Sat Mar 18 02:12:17 2023 No.54185462 >>54184701 its not nuggety ground but its pretty close, really interesting distribution for gold. Reminds me a lot of orogenic structures up north by Cassiar.

>>	Anonymous Sat Mar 18 02:32:20 2023 No.54185663 Any good resources to read up on India and latam? I see a lot of companies investing in these regions lately >>54182617 >>54182432 Why is nickel fraud a thing? What's it used for, besides steel and copper alloys?

>>	Anonymous Sat Mar 18 02:35:40 2023 No.54185699 >>54185663 There's a Brazil etf and an Indian etf that Gareth solway and tavi Costa like.

>>	PAN MAN Sat Mar 18 02:38:43 2023 No.54185738 >>54185663 no clue, it honestly makes no sense to go after a bulk commodity like nickel. I ll look into it more though, it is a tech metal used in batteries if memory serves.

>>	Anonymous Sat Mar 18 03:23:21 2023 No.54186247 >>54181279 What if they withheld their reports for insiders to buy?

>>	PAN MAN Sat Mar 18 04:38:11 2023 No.54186959 https://www.mining.com/web/peru-mining-exports-fall-almost-20-year-year-in-january-amid-protests/ I wonder if Peru can pull its self together. The world needs their copper!

>>	Anonymous Sat Mar 18 06:21:10 2023 No.54187715 File: 163 KB, 1761x990, 17566a.jpg [View same] [iqdb] [saucenao] [google] >>54182131 Irving. Unmatched potential, no mill needed and 3 rigs. Only flaw is their exploration speed but CEO said they'll rocket in 2023.

Anonymous Sat Mar 18 06:28:44 2023 No.54187765

>>54185663
resident schizo here
i suspect that because the most precious metals are worth verifying and securing much more fastidiously than baser metals, the obstacles are attractive enough to attract fraud if you know the potential reward. image if this nickel were pinched (54 tons) and sold under the table etc when nickel ran out of sight last summer, but nobody was in a position to verify or secure all of it impeccably. this is going to get much worse as fraud and accounting gimmicks are the lifeblood of the commodities markets since salt was used as money. maybe prior
the whitepill is the moar they try to hide the truth the crazier they sound doing it. the emporer wears no clothes senpai phamalam

Anonymous Sat Mar 18 06:47:18 2023 No.54187890
File: 1.04 MB, 1080x720, 1678511421828306.png [View same] [iqdb] [saucenao] [google]

>>54185663
>>54182432
>>54182617
https://twitter.com/GregCrennan/status/1636828385870757888
>$600 Million of supposed metal of nickel is actually a bunch of stone
I sometimes regret not having enough capital to spread onto other commodity. Only in G/S for now.

Anonymous Sat Mar 18 06:48:11 2023 No.54187899
File: 11 KB, 250x189, leftytheminingstonksalesman.jpg [View same] [iqdb] [saucenao] [google]

>>54183917
i called a pivot months ago and was dead wrong. i bought low (nov-dec) thinking that was the bottom due to forced hand fed pivot and its only gone done from there. some of these analysts posted here have mentioned that gold and commodities we like here have only lost valuation in dollars despite being green in other currencies. the dollar is becoming weaker but at a lesser rate than other currencies so this provides the illusion that gold was falling steadily for months when it wasnt quite so. were exporting dollars via warfare so this provides a facade to keep the demand for dollars artificially increased, pushing down the actual M2 velocity of money as its far enough from the consumer market demand for dollars to prop up balance sheets for another couple of quarters.
slowly the dollar will find its way back to burgerland because the world will not demand them unless its a gift or a grift. and since we have dwindling exports vs imports we wont be able to match those other currencies. shittier things will get more expensive as they get shittier
its not really quantitative easing, but qualitative. burgers are too dumb to tell the difference

Anonymous Sat Mar 18 07:07:41 2023 No.54188020
File: 48 KB, 800x400, manytoolsofthedebil.jpg [View same] [iqdb] [saucenao] [google]

>>54187890
nickel, cobalt, copper
in that order of priority. there are some REE that have incredible potential. we have discussed them here. however the inelasticity of nickel, cobalt, and copper, compounded by the fraud, futures spoofing, and subpar deliveries that are being increasingly exposed are enough reason to hold physical yourself or at least a promising producer in one of more of those.
i like nickel creek platinum since theyre in a freindly jurisdiction near enough to infrastructure to have dirt worth digging

Anonymous Sat Mar 18 07:10:04 2023 No.54188033
File: 1.15 MB, 2046x4096, FQOFpgDWUAUGgzZ.jpg [View same] [iqdb] [saucenao] [google]

>>54188020
Ive thrown 1-2 grand into APN just to have some exposure to Copper considering it must double and how cheap the stock is. However, I just can't bring myself to buy anything other than Gold and Silver. Thats why I refused to buy BRW at 0.20c when GV shilled it hard.

Have to stay focused, this bullmarket will be enough for a lifetime.

Anonymous Sat Mar 18 07:33:58 2023 No.54188167
File: 284 KB, 1366x768, imfcommodities.pdf.png [View same] [iqdb] [saucenao] [google]

>>54188033
>https://www.imf.org/en/Research/commodity-prices
the dip we were (i didnt) supposed to buy was the covid dip. i didnt buy anything other than physical because i didnt recognize covid hysteria as the song and dance distraction that it was. this current dip could be that opportunity coming back around as some commodities are near their pre covid numbers
steel, lumber, and many others.
>apn
be careful in central and south american jurisdictions desu. theyve displayed unfavorable stances towards mining and free markets in general

>>	Anonymous Sat Mar 18 07:36:03 2023 No.54188182 Do I have to wait for you boomers to die off or will you accept that bitcoin is a commodity?

>>	Anonymous Sat Mar 18 07:40:31 2023 No.54188212 >>54188182 com·mod·i·ty /kəˈmädədē/ noun a raw material or primary agricultural product that can be bought and sold, such as copper or coffee when it meets this criteria

>>	Anonymous Sat Mar 18 07:43:59 2023 No.54188236 >>54188212 Oh well, guess I'll just have to wait 10 years until you're all dead then.

>>	Anonymous Sat Mar 18 07:47:55 2023 No.54188259 >>54188236 enjoy those bugs anon

>>	Anonymous Sat Mar 18 08:08:12 2023 No.54188371 >>54188259 Better to be eating them than them eating me, grandpa.

>>	Anonymous Sat Mar 18 08:12:57 2023 No.54188403 >>54188371 may your chains rest lightly upon your shoulders

Anonymous Sat Mar 18 08:13:51 2023 No.54188407

>>54188167
>be careful
yes thats also another reason I only thrown 1-2 grand, something like 4% of my PF. Positive cashflow, gold and copper, expansion possible, all good. I'm only afraid of that juridiction and the possibility of debt. Junior producer absolutely love to take debt (which is understandable), I refuse to touch debt; thats why I sold GSVR recently, I dont care about your potential, no debt if you want my money.

>>54188182
Im only 32yo, boomer arent the only one refuse your garbage, smart people do too.

Good read (nothing new though)
http://energyandgold.com/2023/03/16/bob-moriarty-were-going-to-have-more-change-in-the-next-six-months-than-weve-had-in-the-last-50-years/

Anonymous Sat Mar 18 08:26:20 2023 No.54188476

>>54188407
nothing wrong with well managed debt. lots of ventures wouldnt have gotten off the ground without financing from deeper pockets that saw the same potential as the firm or entrepreneur.
i bought a machine years ago to do a hyperspecific job in a growing industry. at that time my purchase was 5% of that companies revenue for the entire year. if i had put that much capital into the company and not their product, i would be a millionaire.
i detest debt as well but its a part of the cycle of growth. youll make it if youre 32 and have no debts while holding PMs as your keel

>>	Anonymous Sat Mar 18 08:30:21 2023 No.54188499 File: 162 KB, 112x112, kekpepe.gif [View same] [iqdb] [saucenao] [google] >>54188407 >smart people do too

Anonymous Sat Mar 18 08:35:54 2023 No.54188530
File: 332 KB, 339x385, macrone5.png [View same] [iqdb] [saucenao] [google]

>>54188476
Yeah thats why I said its understandable, nothing against well managed company. However, deep down, I cant handle debt so I sell no matter what. Pretty funny since that mean I'm mostly all-in with explorer.

>youll make it if youre 32 and have no debts while holding PMs as your keel
Pretty hard to stack and invest here in this commie shithole of Europe but yeah, pretty confident in G/S. Leaving the rat race before 40 hopefully. 40k miner, 10k physical silver.

>>	Anonymous Sat Mar 18 08:37:48 2023 No.54188546 File: 16 KB, 400x225, powell teaser thumbs down_0.jpg [View same] [iqdb] [saucenao] [google] https://twitter.com/Oliver_MSA/status/1636864543271063553 Michael Oliver dabbing on Gold bear

Anonymous Sat Mar 18 08:48:03 2023 No.54188626

>>54188530
buy stonks is a way for a company to take debts on tho. if they didnt need funding then they wouldnt issue shares. how is bank debt different from selling shares? both are exchanging capital being made available immediately (or faster at least) for a promise of a return on that capital in the future.
not trying to split hairs here. genuienly curious of what you think frogbro

>>	Anonymous Sat Mar 18 09:01:30 2023 No.54188693 >>54183917 see>>54177041 commoditychad

Anonymous Sat Mar 18 09:30:45 2023 No.54188842
File: 1.08 MB, 392x696, 1678386852164032.webm [View same] [iqdb] [saucenao] [google]

>>54188626
If I were to guess, he fears what he doesn't understand. A little bit of debt never bankrupted a good company. But, granted, the junior mining space is chock full of terrible companies that have indeed been bankrupted or near-bankrupted even with only tiny amounts of debt on their books (see Aurcana) so I can understand the hesitation. But at the same time private placements can just as easily if not more so crash the value of a company's shares.

>>	Anonymous Sat Mar 18 10:34:10 2023 No.54189185 >>54188236 This is why you will deserve all of the financial wreckage that will come your way. This is also why we will enjoy it

>>	Anonymous Sat Mar 18 10:39:01 2023 No.54189208 >>54189185 what are you drinking tonight bob? tennessee sour mash? are you up late or up early?

Anonymous Sat Mar 18 11:30:55 2023 No.54189540
File: 309 KB, 604x671, 1585100746413.png [View same] [iqdb] [saucenao] [google]

>>54188626
I have nothing against dillution in exchange for wealth creation. In fact, I'm happy when it happens. The problem is debt is its inextricable relation with usury, and I hate that shit with a passion. Its the reason we are where we are; its literally a babylonian system.

I know its financially retarded to not touch debt considering inflation and the debt based system we are in, but I want to keep my soul clean knowing I didn't participate in this clown world. Its a financial setback and harder to make it, but I can sleep.

>>54188842
Completely off. Don't think I'm retarded just because I refuse to take part in this slave system. I'm fine playing hard mode and following Jesus teaching.

Anonymous Sat Mar 18 11:38:39 2023 No.54189607
File: 64 KB, 806x562, watchandlearn.jpg [View same] [iqdb] [saucenao] [google]

https://seekingalpha.com/article/4588259-top-50-optionality-plays-for-gold-silver-miners
Don Durett top50 leveraged plays. I only hold Southern Silver from his list, 600% upside. I think it'll be higher.

A few article on SSV :
https://resourceworld.com/the-mexican-mining-industry-a-mecca-for-mining/
https://miningcharts.substack.com/p/mining-stock-opportunity-silver-developerexplore

Anonymous Sat Mar 18 12:36:00 2023 No.54189966
File: 47 KB, 1657x215, YAMANA.jpg [View same] [iqdb] [saucenao] [google]

Does anyone hold Yamana? Wondering what your plan is, sell or let the shares convert over to PAAS and Agnico Eagle shares. From what I can tell it doesn't look like Yamana is paying out a dividend this quarter.

>>	Anonymous Sat Mar 18 12:43:45 2023 No.54190030 >>54189540 I don't think you're retarded; I just think you don't understand which debts are risky and which are not, especially in relation to dilution. Please pardon me if I'm mistaken.

>>	Anonymous Sat Mar 18 12:50:22 2023 No.54190077 >>54189966 I would think the takeover is already priced in but I haven't bothered to do a deep dive on that. I like Agnico though, they are smart with their acquisitions. I'm looking for a nice entry point into shares or possibly even options

>>	Anonymous Sat Mar 18 13:21:53 2023 No.54190333 >portfolio down 25% >3 years into le bull run and I'll be up only 50% while everyone else is up 3x or more I can see it happening

>>	Anonymous Sat Mar 18 14:47:34 2023 No.54191155 File: 527 KB, 640x360, 1672937940003417.webm [View same] [iqdb] [saucenao] [google] >>54190333 what stocks you got?

>>	Anonymous Sat Mar 18 15:15:48 2023 No.54191507 >>54189966 I have some AUY, no plan, I will wait for the converted shares and dollars (preferably before the dollar shits the bed)

>>	Anonymous Sat Mar 18 15:42:08 2023 No.54191863 >>54191155 Junior PMs: Blue Lagoon Impact Scottie Energy: Encore (uranium) URNM Peninsula Denison Athabasca Crescent Point Energy SM Energy GDXJ

Anonymous Sat Mar 18 16:06:26 2023 No.54192208
File: 170 KB, 1283x1338, 1678556749049339.jpg [View same] [iqdb] [saucenao] [google]

>>54190030
I know full well how risky and not-risky debt can be. I just dont like usury at all, simple as that. Anyway, lets agree to disagree.

Update Gary :
https://www.youtube.com/watch?v=lVCOcQWB3L8

>>	Anonymous Sat Mar 18 17:23:28 2023 No.54193284 File: 8 KB, 230x250, 1500210353732s.jpg [View same] [iqdb] [saucenao] [google] >>54192208 Gold to $3000 my Lion bags need to pump

PAN MAN Sat Mar 18 18:56:18 2023 No.54194528

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/738-tsx/tko/137981-taseko-closes-acquisition-of-12-5-interest-in-gibraltar-copper-mine.html

I missed this earlier, Gibraltar is one of BC's premier copper mines, Taseko is buying up controlling interest in the mine as other investors want to divest.

Anonymous Sat Mar 18 19:07:57 2023 No.54194688

>>54192208
buying stock is just the muslim version of usury where you get a share of someone's business and they give you a share of their profits

regular usury is the exact same thing, but there's a limit on how much of their profits you can take in exchange for an agreement to pay you even if they don't make profits.

>>	Anonymous Sat Mar 18 19:43:32 2023 No.54195093 https://m.youtube.com/watch?v=lVCOcQWB3L8&pp=ygULZ2FyeSBzYXZhZ2U%3D All bros watch.

Anonymous Sat Mar 18 19:47:51 2023 No.54195122

>>54195093
I'm still researching miners and trying to make sure I have the best positions for long term holds. I'm hoping that we will initially get the big bubble phase and I can make shit tons with my current positioning and then cycle into smaller and micro cap juniors and ride them out as they run up.

We have some advantages over others in this market. We've been researching these stocks for three years and have a better general grip on the scene. That should be our biggest strength when this thing kicks off but we also have to make sure it doesn't make it prejudice and miss opportunities.

Ruck rule always said two years of pain, five years of bliss. If we get five years of bull market runs, that will give us time to take advantage of several opportunities.

Anonymous Sat Mar 18 19:51:55 2023 No.54195154

>>54195122
see >>54189607

And yeah i've linked it >>54192208

He seems pretty confident, we'll see. Most analyst right now are calling for a breakout. A few bear still exist like this smugfuck : https://twitter.com/Jmergz1985/status/1637136179597279234

>>	The Dane Sat Mar 18 20:20:56 2023 No.54195480 File: 133 KB, 1196x1214, 2023-03-16_10-17-33.jpg [View same] [iqdb] [saucenao] [google] https://youtu.be/MWKi7mVMbfQ

Anonymous Sat Mar 18 20:46:10 2023 No.54195791

>>54195154
Don durett has some pretty shit miners in his list. He's a shotgunner like Andy. Just buying everything. He has silver elephant on the list and they're a suck ass company. Not disregarding his info, just saying he has a track record of recommended dogshit miners.

Anonymous Sat Mar 18 22:12:18 2023 No.54196794

>>54189607
>>54195791
Don Durrett was pumping his Great Panther bags and calling them a 10 bagger as they were going down in flames, timestamp 29:06

https://www.youtube.com/watch?v=ek94-r_6WpM

Don also highly recommended Aurcana as a top 10 silver pick. He also tweets e-thots.

>>	Anonymous Sat Mar 18 22:14:14 2023 No.54196810 >>54195791 So do you think Santa Cruz was withholding info so insiders buy or not?

>>	Anonymous Sat Mar 18 22:34:39 2023 No.54197041 Highest grade silver in the world! https://coloradosun.com/2022/11/25/ouray-silver-mine-faces-lawsuits/

>>	PAN MAN Sat Mar 18 22:47:56 2023 No.54197185 >>54197041 what a joke, a great mine run into the mud again by idiots.

>>	Anonymous Sat Mar 18 23:08:33 2023 No.54197409 >>54197185 wanna buy a mine and move to Ouray? you run the operations and I'll launder your gains through environmental controls. We break even and both walk out millionaires.

>>	Anonymous Sat Mar 18 23:16:42 2023 No.54197495 >>54197409 guess I should say, a house in Ouray costs more than the RV mine is probably worth. Many such cases.

>>	PAN MAN Sun Mar 19 00:49:36 2023 No.54198324 >>54197495 >>54197409 whats the snow pack look like this time of year? South looks better and better after this winter.

>>	Anonymous Sun Mar 19 00:52:43 2023 No.54198354 >>54198324 lol we're low this year but Ouray gets buried most years. I'm hitting spring bro, things are melting off fast. 2 more months and I can go metal detecting.

Silver Miner Anon Sun Mar 19 00:56:20 2023 No.54198389
File: 158 KB, 1920x1395, JustTwoMoreWeeks.jpg [View same] [iqdb] [saucenao] [google]

>>54197041
>Highest grade silver in the world!
That's right, Bayhorse Silver has the highest grad silver ore, and a mountain of it. Graeme refuses to sell to the COMEX and instead sends his silver to his own state of the art world class processing facility in Payette. Now is the time to slurp up all the cheapie horse sauce bros. The boat is sailing don't miss out.

>>	PAN MAN Sun Mar 19 00:57:03 2023 No.54198396 >>54198354 warm weather just popped up today, 9 degrees and the roads are a mess, I cant wait to get out and about. Unfortunately we still have meters of snow left to thaw first.

Anonymous Sun Mar 19 00:59:27 2023 No.54198425

>>54198396
we've got maybe 2 meters on the ground, and warm weather for the last week

it's been a weird spring so far
not much snow for us. Affects my job since I have a few surface water contracts.

Ouray gets more snow than me and less than you though. RV mine should be thawed in a moth or two. Not that it matters for a UG operation.

>>	PAN MAN Sun Mar 19 01:11:21 2023 No.54198522 >>54198425 i am cutting expanded metal right now for my tiny pack sluice for something to do, i was building a few big lumber sluices earlier but i need more material to finish the project. I see hydraulic mining in my future.

Anonymous Sun Mar 19 01:13:50 2023 No.54198545

>>54198522
I used to have an aluminum pack sluice, but I sold it because I can pan almost as fast as I sluice and with better recovery rates.

hydraulicking is badass. I wish I could do it now. set up ground sluices and run entire mountains through the ditch. Can't wait to see what you build!

PAN MAN Sun Mar 19 01:24:52 2023 No.54198654
File: 156 KB, 749x1000, Hydraulic mining operation at Manson Creek showing the 43rd Company's sluice and pit.jpg [View same] [iqdb] [saucenao] [google]

>>54198545
i ve recently acquired a fire truck monitor adjustable nozzle, and i can hand mine with it so long as material runs into a pre existing hole, 30ft from a water course. Its the perfect way to do test work without doing the $20k mechanical permit. I cant wait to try this method of ground sluicing out.

>>	Anonymous Sun Mar 19 01:35:24 2023 No.54198769 File: 72 KB, 957x639, impact.jpg [View same] [iqdb] [saucenao] [google] If Fred is bullish so am I

>>	Anonymous Sun Mar 19 01:51:29 2023 No.54198921 >>54198389 don't forget the part where they would send their sorted ore to fucking Singapore of all places.

>>	Anonymous Sun Mar 19 02:34:01 2023 No.54199378 >>54198654 that's awesome I'd need a few million in insurance to even try that here. And over a year in permits

>>	PAN MAN Sun Mar 19 03:11:39 2023 No.54199720 File: 608 KB, 2514x1456, FivZkCMXoAIhR5N.jpg [View same] [iqdb] [saucenao] [google] https://twitter.com/NeilRingdahl/status/1597732768385236992 Here's a good twitter thread on tactical planning while underground mining, using Pure Gold as the example.

>>	Anonymous Sun Mar 19 03:13:00 2023 No.54199732 >>54167399 first best worst post ?

>>	Anonymous Sun Mar 19 03:16:47 2023 No.54199757 File: 96 KB, 500x733, 1665809117693933.jpg [View same] [iqdb] [saucenao] [google] >>54169319 https://archive.is/E8xG6

>>	The Dane Sun Mar 19 03:20:04 2023 No.54199779 >>54199732 It was pretty late, should have been fpwp

>>	PAN MAN Sun Mar 19 04:59:17 2023 No.54200672 https://www.mining.com/elon-musks-starlink-linked-to-illegal-mining-in-brazil/ oh oh old Elon in trouble with illegal miners! Of course their going to buy starlink setups to have internet in the bush.

>>	Anonymous Sun Mar 19 06:08:05 2023 No.54201152 This is the part where all the people we hate lose money and we start to make our life changing gains.

Anonymous Sun Mar 19 06:11:08 2023 No.54201171

>>54196810
There's something weird going on and so I'm out right now. There was a dispute with their prior accountant and he's suing them for one years wages. Raises flags for me, 1. He's only suing for one years as meaning he isn't greedy and not trying to be frivolous, 2. They still haven't released their Financials yet and I'm expecting it to have significant losses.

I'm watching this like a hawk and as soon as thise Financials come out if they aren't going down in flames I'll buy back inna big posistion. They have 20m in current liabilities and are losing money. They have about probably 65m in long term liabilities.

>>	Anonymous Sun Mar 19 06:12:25 2023 No.54201181 >>54198769 He's an asshole though. IL buy in his company if they start making money.

Anonymous Sun Mar 19 06:22:29 2023 No.54201252
File: 365 KB, 635x600, 1649100121978.png [View same] [iqdb] [saucenao] [google]

>>54201152
I'm prepared mentally. You only get out of the rat race once in your lifetime.

I think we can all expect, even with garbage pick, a good x5 once we reach 2500/50.

>>	Anonymous Sun Mar 19 07:56:00 2023 No.54201734 File: 2.33 MB, 1500x1000, oyveyranalyizing.png [View same] [iqdb] [saucenao] [google] >>54198654 god i wish that were me

>>	Anonymous Sun Mar 19 09:29:16 2023 No.54202194 >>54201252 based faggot retard nigger

>>	Anonymous Sun Mar 19 09:49:47 2023 No.54202265 >>54199720 Good breakdown of dilution levels for different methods. Next step would be to add the cost per tonne.

Anonymous Sun Mar 19 11:50:56 2023 No.54202925

>>54201171
It's also weird how they 2x this week. This is why I think a big guy is involved and bought in promising funding or maybe helping them to pump up the jam and help them pay off debt with them dumping on retail. Let us know what happens cause this is interesting, though also suspect.

>>	Anonymous Sun Mar 19 11:52:30 2023 No.54202940 >>54201152 you've been saying that for years

>>	Anonymous Sun Mar 19 13:36:44 2023 No.54203717 File: 377 KB, 817x802, 1652639412056.png [View same] [iqdb] [saucenao] [google] >>54201252 Is move to Japan countryside finally back? I'm so tired of working a corporate job.

Anonymous Sun Mar 19 14:11:00 2023 No.54204031
File: 2.92 MB, 1280x720, 1672729434026253.webm [View same] [iqdb] [saucenao] [google]

Anybody else looking at Artemis Gold? They seem to be in a fantastic position. Share price relatively low; fully funded until production; production in about two years; BC mines permit acquired meaning they are approved to start major construction works; very derisked, the management is extremely competent; >300koz AuEq annual production in stage 1, average annual LOM production >400koz; tier 1 deposit

Sure it's valued at almost C$1B but that kind of valuation seems commensurate to what they have to offer. It seems like almost free money

>>	Anonymous Sun Mar 19 14:14:49 2023 No.54204060 File: 1.95 MB, 357x450, Japan.gif [View same] [iqdb] [saucenao] [google] >>54203717 If gold can hold $1950 to end the month it's game on, otherwise Japan delayed until Q4

>>	Anonymous Sun Mar 19 14:36:16 2023 No.54204256 File: 992 KB, 1269x1322, 1654665645817.png [View same] [iqdb] [saucenao] [google] >>54204060 I sure hope this is it

Anonymous Sun Mar 19 14:42:39 2023 No.54204321
File: 3.76 MB, 375x221, 1667591955489675.gif [View same] [iqdb] [saucenao] [google]

https://www.zerohedge.com/markets/ubs-offers-buy-credit-suisse-1bn-025-share-takeunder-cs-balks-offer
>the country is considering either taking over the bank in full or holding a significant equity stake if a takeover by UBS Group AG falls apart because of the complexities in arranging the deal and the short time frame involved
>Swiss authorities planning to change the country’s laws to bypass a shareholder vote on the transaction as they rush to finalize the deal engineered to restore trust in the banking system.
>The take-under offer was communicated on Sunday morning with a price of CHF0.25 a share to be paid in UBS stock, far below Credit Suisse’s closing price of CHF1.86 on Friday

>>	Anonymous Sun Mar 19 14:43:10 2023 No.54204325 File: 3.56 MB, 403x720, 1674583929655824.webm [View same] [iqdb] [saucenao] [google] >>54204256 me too fren

Anonymous Sun Mar 19 14:45:29 2023 No.54204351
File: 558 KB, 320x230, 1587936265193.gif [View same] [iqdb] [saucenao] [google]

>>54204321
>>The take-under offer was communicated on Sunday morning with a price of CHF0.25 a share to be paid in UBS stock, far below Credit Suisse’s closing price of CHF1.86 on Friday
>Swiss authorities planning to change the country’s laws to bypass a shareholder vote
annnnd it's gone, thank you for playing investors kek

Anonymous Sun Mar 19 15:02:30 2023 No.54204536

>>54204351
>>54204351
thats crazy, everything seems so fragile. You think the fed is gonna keep raising rates? Remeber how powell kept saying that inflation is a none issue, its transitory.
Then suddenly it was a issue. Now he is implying they are gonna tackle inflation https://twitter.com/unusual_whales/status/1637227631447019520?s=20
Not to say that the pivot is here and that they can do nothing, but there is a sort of doublespeak here.

>>	Anonymous Sun Mar 19 15:04:45 2023 No.54204562 File: 17 KB, 273x303, 1257.jpg [View same] [iqdb] [saucenao] [google] >>54204536 Even if he keep raising, everything is imploding already. We might have another 25bp but so what ? They already started QE and undone 12 months of QT. Our time has come.

Anonymous Sun Mar 19 15:06:46 2023 No.54204589
File: 217 KB, 1024x768, 1599059259222.jpg [View same] [iqdb] [saucenao] [google]

>>54204536
Bond market thinks a reversal in interest rates is coming within six months, I would think likely in response to things breaking apart at the seams. I invest accordingly. Stocks and real estate might get wrecked in the coming few months, gold and short dated bonds should do well.

Anonymous Sun Mar 19 15:14:02 2023 No.54204664
File: 1.22 MB, 365x359, 1652219615850.gif [View same] [iqdb] [saucenao] [google]

>>54204562
The higher rates are contracting the money supply that's normally created by bank lending. The fed will need to make up the difference with a truly insane amount of printed dollars to get M2 back into growth. We're at the "can't taper a Ponzi scheme" moment.

>>	PAN MAN Sun Mar 19 15:15:18 2023 No.54204682 >>54204031 yep Artemis and their Blackwater mine are just getting started, its been a long wait building that mine but now its happening!

>>	Anonymous Sun Mar 19 15:26:04 2023 No.54204827 >>54167645 >>54167732 https://youtu.be/aC3UuxE23Lw?t=249

>>	Anonymous Sun Mar 19 16:20:09 2023 No.54205576 Well smg didnt care, LME defrauded again https://www.taipeitimes.com/News/biz/archives/2023/03/19/2003796334

>>	Anonymous Sun Mar 19 16:23:07 2023 No.54205602 >>54205576 embarrassing mistakes from LME time and again. If this keeps up investors will move onto other metal exchanges. Maybe more will move to that new Abaxx commodity exchange.

Anonymous Sun Mar 19 16:54:42 2023 No.54206085

>>54202925
I thinks it's either retards buying in or their Financials were leaked. If the Financials were leaked and they were good then it could be money moving in. Another possibility is etf rebranding and they could have gotten to silj or something. That happened with some other miners on the same day.

>>	Anonymous Sun Mar 19 16:55:51 2023 No.54206097 >>54202940 No. I've been saying we were early for three years. This is where everything changes. We were st the smart money accumulation phase over the last two years, now we're moving onto the next one. We aren't even slat media attension yet.

>>	Anonymous Sun Mar 19 16:56:42 2023 No.54206120 File: 265 KB, 2048x1930, 1655262265881.jpg [View same] [iqdb] [saucenao] [google] BOIL and UCO sisters, how are we holding up?

>>	Anonymous Sun Mar 19 16:56:51 2023 No.54206125 >>54204562 They wil probably raise .25

>>	Anonymous Sun Mar 19 17:46:14 2023 No.54206955 File: 2.92 MB, 1920x1080, 1659016664235453.webm [View same] [iqdb] [saucenao] [google] Are we slicing through $2000 as soon as the Asia markets open?

>>	Anonymous Sun Mar 19 17:52:24 2023 No.54207059 lean hogs that is all

>>	Anonymous Sun Mar 19 18:08:23 2023 No.54207315 File: 89 KB, 1440x1076, FVqbgr-X0AYizGk.jpg [View same] [iqdb] [saucenao] [google] https://twitter.com/Fxhedgers/status/1637508463118159878 >CS blew through $54B in a week, UBS needs a $200B line of liquidity

>>	Anonymous Sun Mar 19 18:13:09 2023 No.54207383 File: 29 KB, 700x393, 39CD17CD-7953-4193-A0AC-EEB4D3A58127.jpg [View same] [iqdb] [saucenao] [google] Any pm ETFs you recommend to invest in?

>>	Anonymous Sun Mar 19 18:26:37 2023 No.54207594 >>54207383 Plenty

>>	Anonymous Sun Mar 19 18:26:50 2023 No.54207598 >>54207383 Gdx is a good buy right now. There's also the Sprott gold miners sgdm.

>>	PAN MAN Sun Mar 19 18:32:39 2023 No.54207703 >>54207315 Jesus its going to be a blood bath on monday morning!

>>	Anonymous Sun Mar 19 18:35:10 2023 No.54207761 https://www.youtube.com/watch?v=gmT0-w_0Ex4 Swiss sunday evening government press conference on Credit Suisse. I don't understand much of it. Seemed to be guaranteeing liquidity.

>>	Anonymous Sun Mar 19 18:36:35 2023 No.54207782 >>54207761 He appears to be repeating in english.

>>	Anonymous Sun Mar 19 19:10:34 2023 No.54208464 File: 429 KB, 1184x858, bayhorse.png [View same] [iqdb] [saucenao] [google] Bayhorse wanted to fullfill the Ocean Partners deal in Q1/23. They have 12 days left to deliver. Gentelmen, please put your bets.

>>	Anonymous Sun Mar 19 19:24:44 2023 No.54208769 >>54208464 *place your bets

>>	Anonymous Sun Mar 19 19:43:39 2023 No.54209121 >>54208464 two more weeks!

>>	Anonymous Sun Mar 19 20:11:45 2023 No.54209635 File: 2.31 MB, 2559x2999, bayhorse shill.png [View same] [iqdb] [saucenao] [google] >>54208464 reminder that "people" bought into this scam due to shillposts like pic related

>>	Anonymous Sun Mar 19 20:23:41 2023 No.54209853 >>54208464 They wanted to produce in 2018 too.

>>	Anonymous Sun Mar 19 20:31:57 2023 No.54209993 I'm still bearish on all commodities except gold >>54208464 >Bayhorse they've had the same presentation for the past 3 years. they have made 0 progress towards anything

>>	Anonymous Sun Mar 19 20:50:44 2023 No.54210318 >>54168063 is it the right eye of Horus that's the sun or is it the moon? Also any have GDX3 for extra leverage?

>>	Anonymous Sun Mar 19 20:51:30 2023 No.54210328 >>54209993 no; papa O'Neill has updated the presentations with new future dates from the comfort of his luxury condo

Anonymous Sun Mar 19 20:59:56 2023 No.54210495

In addition to a precious metals miner, I have a bunch of commodity mining stocks, one for each: potash, oil, copper, and uranium. I have no intention of selling, and ideally want to hold for life, but short term/medium term, what do you guys think? Will recession drag them lower? Or will the systemic shortage and under investment in commodities win out sooner than expected?

Anonymous Sun Mar 19 21:07:20 2023 No.54210617

>>54210495
my view is that the next few months are going to be rocky for pretty much everything except maybe gold, cash and treasuries. And when the likely pivot eventually comes around it should be a better time for commodities. Lots of uncertainty though. 2007-2009 is the analogue I keep an eye on but of course history only rhymes.

>>	Anonymous Sun Mar 19 21:21:18 2023 No.54210870 Goldman is now bearish on oil. Is it time to go long then?

>>	Anonymous Sun Mar 19 21:25:24 2023 No.54210957 >>54204664 The global financial system is now Bitconnect. Ironic, isn't it?

>>	Anonymous Sun Mar 19 21:27:40 2023 No.54211001 File: 91 KB, 1920x1080, brave_2023-03-19_23-27-23.png [View same] [iqdb] [saucenao] [google] >>54210870 only if this chart looks bullish to you

>>	PAN MAN Sun Mar 19 21:27:54 2023 No.54211005 >>54210617 there are people starting to talk about $4k gold in the coming weeks. If true were headed for incredible times.

>>	Anonymous Sun Mar 19 21:27:55 2023 No.54211006 >>54210870 Almost. Look at the chart. It's building the cup of a cup and handle. This is the basing portion. A great buy but literally just wait a few weeks.

>>	Anonymous Sun Mar 19 21:36:32 2023 No.54211152 >>54211001 That's pretty nasty.

>>	Anonymous Sun Mar 19 21:37:22 2023 No.54211168 GLOBAL CENTRAL BANKS TO ENHANCE LIQUIDITY VIA USD-SWAP LINE. Uhh, so thats it then? Pivot incoming -> gold mooning -> commodities pricing higher?

Anonymous Sun Mar 19 21:40:09 2023 No.54211213

>>54211005
$4k is a possible target but I can't see that kind of price coming in mere weeks. Gold took about 1+3/4 years to double from Jan 2009 to Aug 2011. And even gold went down -25% from its then-high in Feb 2008 until its low in Oct 2008 amid the rush for liquidity. As a reminder the Economic Stimulus Act of 2008 was enacted in Feb 2008, yet both gold and SP500 kept sinking until Autumn that year, while the Dollar Index went from about 75 to over 80.

If this crisis is going to be a repeat of the GFC then it is going to be painful and volatile across the board for at least 6-12 months

>>	Anonymous Sun Mar 19 21:46:27 2023 No.54211310 >>54211005 >>54211213 that said, oil kept on climbing from Jan 2007 until June 2008 into new all-time highs, and copper also went up a bit from Jan 2007 until Aug 2008 until both dropped like a rock. Interesting to see how things go this time around

>>	Anonymous Sun Mar 19 21:52:56 2023 No.54211443 >>54210870 >Goldman is now bearish on oil. Is it time to go long then? no, goldman sachs produces the best traders. i'm surprised it took them this long to come out bearish on oil - shit has been bearish since june '22

>>	PAN MAN Sun Mar 19 22:59:47 2023 No.54212596 >>54211310 Oil though is tied to wider energy use over all, if economic growth crashes, IE industry tumbles with it than oil will probably crab down for a while. Who knows though, this isnt 2008.

>>	Anonymous Sun Mar 19 23:15:55 2023 No.54212865 >>54212596 yeah you're right. Inflation also wasn't an issue in 2008 like it is right now.

>>	Anonymous Sun Mar 19 23:40:54 2023 No.54213298 >>54212596 Surely some middle east wealth funds aren't too happy about losses in banking positions. Retaliation by OPEC?

The Dane Sun Mar 19 23:49:12 2023 No.54213441

>>54204031
I feel like their FS is on the optimistic side. Reserve 0.78 g/t Aueq at 2:1 strip. Strip is low but grade is also low. Furthermore they have a significant gold and silver stream they have to pay on production and a 1.5% royalty.
Also capex of C$645M for a 6Mtpa mill OP project? that seems crazy cheap. Reminder that Argonaut blew their budget up above C$900M I think for a 3.6Mtpa OP. That was probably a special case of fuck up and building doing the worst time but still. Artemis has raised more money than FS cost, but I'm guessing they will need even more.
Mgmt seemingly being competent is a big plus, but it's still a bit expensive imo considering the risks still at play.

>>	Anonymous Mon Mar 20 00:18:35 2023 No.54213903 >>54207383 GDX $70 2024 calls GDXJ $51 2024 calls SILJ 30$ 2024 calls

Anonymous Mon Mar 20 01:23:05 2023 No.54214802
File: 2.86 MB, 1024x576, ice.webm [View same] [iqdb] [saucenao] [google]

>>54213441
>grade; strip
Those are LOM numbers. Phase 1 grade is 1.62gpt AuEq for the first five years and the grade goes down while tonnages increase from there in the following phases. Phase 1 strip ratio is 1.74:1. And phase 2 grade is about 1gpt. Also recoveries through all development phases are in excess of 90%.
>stream
50% of their silver production until 18Moz has been produced, then 33% of silver production onwards. Wheaton will pay 22% of the spot price for the silver if I understand correctly. It's a fair deal I'd say, shareholders don't get diluted and still maintain decent exposure to silver prices, and Wheaton gets a high quality stream. Sure it's a minus long term but beneficial in the short term.
>capex
While I admit I don't know much about Argonaut other than they apparently did a master class on how to exceed their budget, I'd like to first point out that Orezone for example got under their already-small US$153M capex for a 5.2Mt project, though their Phase 1 is oxides only which means it's apples to oranges. But they managed to cut costs by locking in contracts early.

Artemis has been able to lock in some their Phase 1 capex costs already:
>C$318M (+/- 15% cost contingency) EPC contract which includes the process plant and select site works. Crushers and the ball mill are secured and fit into this budget
>Electricity transmission line EPC contract award for $80M
>Secured equipment, parts and labor prices for primary and ancillary mining fleet (if I understood correctly this is done on lease which is paid off as sustaining capital)
>Preliminary site works commenced: camp; wastewater treatment plant; water storage; well pumps and pipelines; roads; electrical; geotechnical drilling; clearing; earthworks.
>Preferred construction support contractors selected
That's 60% of initial capex locked in as planned and construction already well on its way. At least 60% of their project capex, and some of the most expensive items, are on budget so far.

>>	Anonymous Mon Mar 20 01:32:50 2023 No.54214928 >>54209635 I'm not shilling it, but the information looks just as accurate on the surface as anything else posted ITT. How many people actually did DD?

The Dane Mon Mar 20 01:45:49 2023 No.54215086

>>54214802
Orezone locked in prices before the big spike in inflation I believe, also oxide as you say AND it's Africa, so I wouldn't compare those two. There are other projects being built in Canada though and from my memory it seems like Artemis is optimistic. The FS is also 1.5 years old. Anyways we will see.

I am not saying the silver stream is a bad deal. I'm just saying that the significant gold and silver stream + a 1.5% royalty will cut very significantly into FCF. I know the first couple of years are very robust and give a fast payback, which is nice. But they are selling the project as 8Moz reserve and 20y mine life so you can't just ignore some of it.

Also even if they have managed to get a good deal on the initial capex, they still have to expand milling from 6Mtpa to 20Mtpa and that's going to cost a lot more than what their FS shows.

Anonymous Mon Mar 20 01:59:44 2023 No.54215270
File: 270 KB, 1932x746, 1618084846424.jpg [View same] [iqdb] [saucenao] [google]

>>54214928
>1st paragraph
pure conjecture about some sort of triumphant "refusal" which had nothing to do with the company's incapability to operate the mine, which was only proclaiming the shill's own meme about muh COMEX
>2nd paragraph
first claim is factually incorrect because the mine simply is not proven to be profitable at any price of silver, because there are no economic/feasibility studies nor actual production done to support the claim. Second claim is only half-true considering O'Neill's "own money" is simply siphoned off of the company's funds, which have been attained through dilution. In practice it's the shareholders' money. Poor operations ensured that the funds originally intended for reaching the company's goals were not met with the allocated capital, so the CEO had to use his "own" money to keep the company above water at a time when stupid capital wasn't available.
>3rd paragraph
first claim fails to mention that the offtaker refinery is located somewhere overseas (terrible logistics indicative of the quality of work that can be seen in the company's operations throughout). Second claim is just regurgitating the company's baseless claims. In fact they have produced zero ounces commercially.
>4th paragraph
first claim is not only false (as it's just repeating the company's unfounded estimates) but also based on the flawed premise that high grades automatically mean low costs. Second claim is a stunning leap of logic.
>5th paragraph
Plenty more than 18 companies produce over 1Moz Ag a year. And I don't think there are any that produce exclusively silver and nothing else but I'll be happy to be proven wrong on that.
>6th paragraph
The "silver dividends" were not a dividend. Silver was promised as an option for debentures and warrants as a convertible. No agreements on "silver dividends" were ever made.

pic related is another hilarious shilling artefact, of which I sadly don't have many downloaded.

>>	Anonymous Mon Mar 20 02:06:09 2023 No.54215343 >>54215270 Did silver miner anon profit or lose in the end? He was never open about his position.

Anonymous Mon Mar 20 02:14:33 2023 No.54215449
File: 91 KB, 1392x729, the dumpning.jpg [View same] [iqdb] [saucenao] [google]

>>54215086
>There are other projects being built in Canada though and from my memory it seems like Artemis is optimistic
Very true on Orezone. It's not directly comparable but I was illustrating the point that costs can be cut by securing contracts early on. I'm not saying Artemis will definitely manage to get under that initial CAPEX but I'm bringing attention to the fact that they've managed to lock in about 60% of the planned capital costs for the first five years so far, and the biggest investments are out of the way so to speak. Of course the remaining 40% can exceed their budget, and the EPC contracts have contingencies built in too.

>I am not saying the silver stream is a bad deal. I'm just saying that the significant gold and silver stream + a 1.5% royalty will cut very significantly into FCF. I know the first couple of years are very robust and give a fast payback, which is nice. But they are selling the project as 8Moz reserve and 20y mine life so you can't just ignore some of it.
True. Good point.

>they still have to expand milling from 6Mtpa to 20Mtpa and that's going to cost a lot more than what their FS shows.
That's true but I'm looking at the company as a potential investment for a couple of years. Getting a 3x for 2024/2025 would be excellent. The company might also get taken out by a bigger fish, it's often the case for high quality projects in late development or early production phase.

>>54215343
no idea. If he wasn't just a fanatic shill then he might have been smart enough to lock in some profits when the problems started springing up one after the other (like I did). But if he was he probably lost a lot of money. I think he was but idk and idc.

At least the memes were fun for a while. I had a blast joining in on this OC chain

>>	Anonymous Mon Mar 20 02:17:03 2023 No.54215481 >>54215343 He assured me several times that he didn't sell, but that was after I advised him that if he sold, it would look a lot like P&D fraud. I believe him, but then I might be an idiot

Anonymous Mon Mar 20 02:25:18 2023 No.54215597

>>54215270
>the offtaker refinery is located somewhere overseas (terrible logistics indicative of the quality of work that can be seen in the company's operations throughout).
this is the one that convinced me the entire project was a facade.

No reason to ship ore to UK when literally any mill in the US will buy it.
The only possible reason to use Ocean was to impress investors with a big name. That right there told me they weren't serious about mining or making money.

not that I care about them mining or making money. A trader can make some money off someone else's scam, and a few here did.

>>	Anonymous Mon Mar 20 02:27:55 2023 No.54215637 >>54215597 Yeah it's so retarded it couldn't be a serious operation. Nonetheless, I profited off that trade a little.

Anonymous Mon Mar 20 02:30:28 2023 No.54215658

>>54215597
after the Ocean deal faggotry, the next thing that got me was the plan to use mill tailings for cinder blocks.

to do that I think you'd need a 100% recovery rate, otherwise you're just selling hazardous industrial waste as construction material. Not going to work. Also of course they can't get 100% recovery from the mill they had.

so that right there was absurd enough to make me laugh. Either the ceo was retarded, or he's just bilking investors. I don't think he's retarded.

>>	Anonymous Mon Mar 20 02:38:41 2023 No.54215748 >>54215637 It worked pretty well at tricking people. Most of /cmmg/ thought the Ocean deal was a firm contract to deliver obviously that's not true. A couple of us knew it wasn't true even back then.

Anonymous Mon Mar 20 02:58:50 2023 No.54216013

>>54215658
>you're just selling hazardous industrial waste as construction material.
I doubt it was a coincidence that they failed to get their wastewater permit right after floating that little scheme.

EPA and the state of Idaho probably read that and laughed a little right before shutting them down. It showed a gross lack of planning and complete failure to understand US environmental law.

>>	Anonymous Mon Mar 20 03:02:54 2023 No.54216049 >>54215597 one poster here claimed to make 35k off shorting bhs after it ran up to 20c on the pump that summer

>>	Anonymous Mon Mar 20 03:04:50 2023 No.54216079 >>54216049 that's awesome! I was planning on buying the bottom in case it pumped again, but that never happened. Yet. a couple more years and they might be due, if they last that long.

>>	Anonymous Mon Mar 20 03:09:34 2023 No.54216143 >>54216079 is the bottom below zero?

>>	Anonymous Mon Mar 20 03:13:05 2023 No.54216181 >>54216143 lol looks like it

Anonymous Mon Mar 20 05:00:25 2023 No.54217247
File: 55 KB, 851x851, 1679288419871.jpg [View same] [iqdb] [saucenao] [google]

https://www.youtube.com/watch?v=1RWiDzGZm7U
>Steven Van Metre, the "bond king", called TLT a "bottoming pattern" every week, the entire way down from $172/share. He and Jeff finally capitulated and actually sold TLT at the bottom last October.

>>	Anonymous Mon Mar 20 05:08:30 2023 No.54217311 >>54211001 It's the first half of a cup and handle. It's the cup. PLEASE TELL ME SOMEONE ELSE SEES THIS IVE BEEN SAYING IT FOR WEEKS.

>>	Anonymous Mon Mar 20 06:19:02 2023 No.54217922 >>54217311 when to start buying? now i would assume... etf or no? any suggestions on longer holds for divvys?

>>	Anonymous Mon Mar 20 07:35:26 2023 No.54218543 File: 262 KB, 720x1138, Screenshot_20230320_013215_Brave.jpg [View same] [iqdb] [saucenao] [google] We mooning boys, let's see how long this last.

Anonymous Mon Mar 20 07:45:36 2023 No.54218641

>>54217922
Wait until after the rate hikes. The mainstream morons wil go "durr recession means no one needs oil" and they'll dump it and that's when you buy. I'm rotating out of oil tomorrow to ride gdx. I'll throw back in after. Once I made some gains.

>>	Anonymous Mon Mar 20 07:46:37 2023 No.54218649 >>54218543 Nice

>>	Anonymous Mon Mar 20 07:50:21 2023 No.54218679 >>54218543 Us open will be decisive for this week price action

Anonymous Mon Mar 20 08:00:26 2023 No.54218766
File: 58 KB, 720x548, itsthebigone.jpg [View same] [iqdb] [saucenao] [google]

>>54218641
sadly the belweather of media and mass psycology of midwits is where the rubber meets the road. ill check the archives for oil plays.
>>54218543
its the big one elizabeth

so the real question is where will the gsr be sitting in, say....., two weeks? were currently at 89 and change

im calling a 100 gsr within 14 days. good time to switch out if youre holding both golb and silber

>>	Anonymous Mon Mar 20 08:03:08 2023 No.54218791 File: 14 KB, 770x410, gold_60_day_silver_x.png [View same] [iqdb] [saucenao] [google] >>54218766 its trending up across six months

>>	Anonymous Mon Mar 20 10:30:30 2023 No.54220241 >>54217311 How is your cup & handle idea reconciled with the lower lows that oil keeps making right now?

>>	Anonymous Mon Mar 20 10:31:03 2023 No.54220250 >>54167312 nobody looks like this

>>	Anonymous Mon Mar 20 11:47:06 2023 No.54221096 https://www.cnbc.com/2023/03/20/european-markets-live-updates-ubs-buys-credit-suisse-news-stocks.html

>>	Anonymous Mon Mar 20 12:12:19 2023 No.54221386 >>54221096 Also €16B in CS bonds got bailed IN

>>	Anonymous Mon Mar 20 13:40:45 2023 No.54222504 File: 39 KB, 400x400, 1668041419761490.jpg [View same] [iqdb] [saucenao] [google] They really can't afford Gold breaking all time highs. If it breaks to game over for the system.

>>	Anonymous Mon Mar 20 13:45:29 2023 No.54222586 File: 164 KB, 1145x771, 3B.jpg [View same] [iqdb] [saucenao] [google] >>54222504 BREAKING NEWS https://news.cgtn.com/news/2023-03-19/China-discovers-huge-gold-deposit-worth-3-trillion-1ij0YJRKiXK/index.html

Anonymous Mon Mar 20 13:46:47 2023 No.54222604

>>54220241
It's putting in the base of a cup and handle. If it goes lower that still goes in alignment with the view. Look at the chart. You can see it for yourself. It's a basing pattern still trying to find It's bottom. Bottom might be in three months or so. Maybe one. This isn't an overnight thing. Just be aware and loom for a good buying opportunity. I'd say the bottom is probably around 50-60 but I'm not looking at the chart right now and haven't in a couple of weeks.

>>	Anonymous Mon Mar 20 13:47:48 2023 No.54222628 >>54222586 A China just flew over my house!

>>	Anonymous Mon Mar 20 13:49:19 2023 No.54222655 File: 228 KB, 966x629, 1644567036204.jpg [View same] [iqdb] [saucenao] [google] >>54222586 Gold backed BRICS currency when?

Anonymous Mon Mar 20 13:49:58 2023 No.54222662
File: 274 KB, 1080x2400, Screenshot_20230320_084827_TD Ameritrade Mobile.jpg [View same] [iqdb] [saucenao] [google]

Have yall heard of this company? Peter grandich brought them up and did not recommend a buy or a sell, however he said they have a one million oz gold deposit for a 14m marketcap.

>>	Anonymous Mon Mar 20 13:51:26 2023 No.54222698 File: 658 KB, 1080x2400, Screenshot_20230320_085040_Chrome.jpg [View same] [iqdb] [saucenao] [google] >>54222662 True. Report was just released last week. What's the catch? Panman ever heard of this?

>>	PAN MAN Mon Mar 20 14:11:21 2023 No.54223094 >>54222698 >>54222662 busy this morning but i ll look after lunch? Whats their location?

>>	Anonymous Mon Mar 20 14:19:00 2023 No.54223240 File: 77 KB, 720x565, Screenshot_20230320_081723_Twitter.jpg [View same] [iqdb] [saucenao] [google] When will juniors price in gold prices?

>>	Anonymous Mon Mar 20 14:27:41 2023 No.54223401 >>54222586 Soooooooo…. Chinese cheapies?

>>	Anonymous Mon Mar 20 14:34:39 2023 No.54223503 >>54223094 Canada.

>>	Anonymous Mon Mar 20 15:00:59 2023 No.54223958 >NFG mooning again Damn. Just when I thought I sold the top.

>>	Anonymous Mon Mar 20 15:21:15 2023 No.54224346 >>54223958 NFG and Guanajuato have been on good runs recently

Anonymous Mon Mar 20 15:47:20 2023 No.54224814

>>54223240
>When will juniors price in gold prices?
miners can't bank on a short price spike. The price needs to go up for several months or years and stay that way.

when price spikes, miners jump on moves towards production, but they're not going to invest their own money in production until prices are clearly staying up.

Anonymous Mon Mar 20 16:03:38 2023 No.54225146

>>54223240
also as /cmmg/ loves to say, it takes 10-15 years to get a mine into production. If that's true, then this price increase will show up as more mines in 10-15 years. Assuming the price stays up that long. Which it won't.

so what actually happens is mines start working towards production even if the price is low. Meaning the current increase or drop is already priced in.

if a person is talking about share price reflecting commodity price, that's not up to the miners. That's up to investors. And the smart money knows most of those juniors are going to go bankrupt at any price, so the share price probably isn't going to track metal prices that closely.

>>	Anonymous Mon Mar 20 16:18:12 2023 No.54225442 File: 87 KB, 250x225, Peter-Schiff-Smile-Head-Shot-square.png [View same] [iqdb] [saucenao] [google] New Bread >>54225423 >>54225423 >>54225423

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/biz/ - Business & Finance