/biz/ - Business & Finance

Fucked up the Previous:
>>51532097

>>51547214
Thanks for baking. Looks like the last one died early, we had a good run since that happened last though. Gold slump probably has people demoralised not wanting to even look at their portfolio lol.
Russia just escalated the war this morning, calling for a partial mobilisation of their army, which sent gold up a bit. Fed meeting today, should be fun.

thank you baker!
https://www.mining.com/teck-says-elkview-outage-to-cost-1-5-million-tonnes-in-coal-production/

Come at me I'm ready, all in. Fast trigger. Come at me Jerome

>>51547454
>Gold slump probably has people demoralised not wanting to even look at their portfolio lol.
For sure. The shit Lagoon news release and subsequent dump hasn't helped morale here either. I'm not worried because I'm team Gary Savage and believe that miners have bottomed and are going to rubber band back to the 200day at least, but I get why people feel bad in the short term.

Trillion is the only thing keeping me green right now and even that isn't immune to Shemitah

>>51547454
>Gold slump probably has people demoralised not wanting to even look at their portfolio lol.
if you trade emotionally it doesn't matter what the underlying is. you will fail.

>>51547630
>I'm not worried because I'm team Gary Savage and believe that miners have bottomed and are going to rubber band back to the 200day at least
I think you're probably right. We could very well be in the eye of the storm right now, peak fed hawkishness. People seem to forget that the fed has never hiked into a recession before, and they are going hard too. There is just no way the economy doesn't crash and burn soon and the fed eases off. With how far gold has fallen that could trigger a large rally all the way back over 2000 pretty quickly.

we're gonna make it commodity bro's

>Trillion selling off
begone pump traders

When the fuck is that overgrown hawk Powell speaking.

what time today do we have to deal with this guy?

VG for Goliath

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2210-tsx-venture/got/128255-goliath-drills-visible-gold-in-multiple-holes-at-surebet-zone-and-east-extension-zone-golden-triangle-b-c.html

>>51548144

>>51547630
>>51547801
im all in blue lagoon

give me a quick rundown on the news release

if you're thinking "it cant get much worse for these junior mining stocks" - yes it can. they are all going to go bankrupt

bayhorse
blue lagoon
galleon
firefox
newfoundland discovery corp

all are going to zero

>>51548970

Someone explain this to me

Crude inventory 1.142 vs 2.161 forecast

Why did Crude Oil price just plummet on the news that supply was half of what was expected? Surely this means it's scarce and should go up?

>>51548954
>quick rundown
Well the release bonanza grade poster isn't here yet so I can only assume he's killed himself which should tell you all you need to know.

>>51549094
>Why did Crude Oil price just plummet
Elections in November. Expect no logical action until afterwards

>>51548954
>>51549302
lmao. They released results from 10 drill holes, 9 dusters and one decent hit. Overall dissapointing, they will probably move on to a different target. Another thing is that per their presentation they are supposed to receive the permits this quarter to start their small mine, not many days left. I wonder what's going on with that.

>>51549302
>>51549400
should I sell?

Dear cmmg chads.
I liquidated all my cuck stocks and I wanted to get into commodities.

Any good tickers out there for newbies?

>>51549499
yes. its going to zero

>>51549499
It's already dropped a lot, now down to US$20M mkt cap and they have a lot of cash too if I remember correctly, so probably not the worst value here. But I'm not personally invested, I think there are better opportunities out there. I also don't love the idea of getting into production producing like 10koz/y, it's just too small, those operations rarely make money. Also their current resource is pretty small, only a couple hundred thousand ounces I believe. They have had some exploration success since then though, but probably still a long way from a size that would attract a serious mining company.

>>51549744
okay fine, fuck it

what silver miners should I invest in?

>>51549935
Silver miners are generally overpriced, although you can get some silver exposure cheaply with Benchmark Metals.

https://www.nytimes.com/2022/09/21/business/germany-uniper-nationalized.html

>>51549935
Good idea to have some patience when trading in and out of these stocks though as they tend to jump around a lot.

>>51549935
>what silver miners should I invest in?
none, unironically. it is OVER for silver probably for another 6 months at least. we're in a recession globally

>>51549935
nigga just buy GDX instead of going all in on a random name that you hear here

SALT bros I warned you yesterday that I bought in.
My pf is LIO, BLLG, VUL. You can imagine how devastated my net worth is right now.
I hope a meteor hits North America and wipes me out.

>>51550463
bloody hell bastard -10%
sorry fren

Should I buy LIO? Are they pure exploration or planning to evolve into a producer?

>>51550463

It's no surprise it's tanking, it'll probably go to 2.2 or at worst 1.5.
Either way I hope it keeps going. I'm already deep in the red and I want more of it for piss cheap to bring down my average a bit.
SALT is a winner, but there's going to be some insane profit taking on the way up due to how far it has ran.
Same applies to other commodity stocks though. So many of these are up over 10x even at these lower levels that there's a lot of potential selling still left to do

>>51550463
it's over bonanzabro...
>>51550661
Have you looked at their presentation on their website?

>>51550590
It gets even better my basterd I bought lion one a week ago, I am cursed

>>51550726
I think a good rule of thumb is, if it's hyped on CEO, stay away. They have an even worse track record than we do.

>>51550463
I and many other here's have been saying it would for weeks, but we were laughed at and told "SALT is pullback proof", "17x imminent" and the funniest of all "look at how bullish the ceo.ca chat is!"

I bought a tranche at $3 but the 200 day average is coming up fast, just like we said it would, and when it does I'll buy even more. Don't worry though, fren, the pullback is temporary and your net worth will recover.

>>51550842
>200 day average is coming up fast, just like we said it would, and when it does I'll buy even more.
That would be at what dollar?

>>51550770
>I think a good rule of thumb is, if it's hyped on CEO
i had to sell out of Trillion today because of the ceo.ca hype. reading some of the comments they are so fucking stupid over there, most of em

>>51550912
2.29 CAD

>>51549935
Pan American is probably the best play from the seniors, between the: Escobar, Navidad , La Colorada Skarn and the La Arena II there's alot of growth potential they can more then triple production.It's a growth story. Silver miners are mostly shit tho.

>>51550912
Green line in pic related.
2.13 today but obviously it changes each day.
We're so close and oversold that it could just chop sideways until it catches up. We're below the 18 day bollinger band right now so 95% chance we don't stay below it so I doubt we'll touch the 200day for a few days at least but who knows

>>51550984
>i had to sell out of Trillion today
Not gonna make it.

Doug Ramshaw called out drjimjones on the Emerita board. Kind of interesting for him to bother with something unrelated.

>>51551102
We're all gonna ngmi together. I will never have a Japanese girl taste my homemade curry.

When is that maderchod powell raising rates by 75bps and doing the needful pivot?

>>51547454
I dont know how people can be demoralised honestly, I'm so excited and pumped

>>51548351
1h30 still

>>51549547
Buy producer, they will give you ample beta. Things like Newmont, Pan america silver, First Majestic, etc.

We are near the bottom guys, don't miss this opportunity, its 2020 all over again. I'm buying with both hands.

>>51548970
Galleon can make it, Sprott put in even more money this year. Gold price won't stay sub $1700 forever.

>>51549547
$USD is a great one

>>51551593
Holy based.

https://youtu.be/ukFnKCtptX4
It's time.

>>51552733
>15,936 watching now
whoa

>>51552780
Look at the indiced holy fucking shit

>>51551593
>I should buy more gold

>>51552968
LOOK AT OIL
LOOK AT GOLD
HAHAHAHAH

>>51553022
delete this

>>51553166
I told you keks that it's too early to call a bottom yet. I hope some of you listened

>>51551202
>Emerita
Don Durrett chased Emerita when it was over US $1.50, it's now $0.58. From what he said last year sounded like he bought a lot.

David Brady on full suicide watch right now.

"THE BOND MARKET DOESN'T BELIEVE THE FED!"

Yeah, it hasn't all year and that's why bonds have taken it up the ass the for the worst results in a century.

Dr . Copper also absolutely demolished

>>51553448
He will make you miss big gains if you're not careful

>>51553501
>>51553448
It's funny how these permabull talking heads try to maintain their credibility

Gold green again, maderchods btfo'd

>>51553681
Powell will release the bonanza

>>51553781
>it's real

Powell is stressing the importance of price stability and high employment. He's being very hawkish.

>>51553955
Market disagrees.

>>51553781
Madergang no bonanza for me only the vishnu of death

>>51554039
DCB? Let's not delude ourselves, Wall Street is not the market.

>>51547214

Finally a sensible thread instead of cryptogooners.

If someone wants to get into the game of actually doing something with commodities. I write tangible business plans, do supplier and market research, and run financial analysis.

Send me a message on Fiverr if interested

https://www.fiverr.com/theapptaster/run-profit-projections-in-excel-for-your-software-business

>>51554236
What do you do for free? Otherwise fuck off

>Commodity prices have peaked for now

Jerome telling us it's bear market from here on out.

>>51554236
DO NOT REDEEEEEEEEEEMMMM

>>51553955
Those two things are entirely at odds with one-another in a debt-based economy however, and he's going to have to pick one or the other sooner or later.

I guarantee it will be price stability.

>>51554425
How do you mean? Right now demand exceeds supply for the workforce. That's the issue and that's what Fed is very fixated upon.

>>51554299
For free? I can tell people to eat a dick.

Go eat a dick.

https://twitter.com/SenWarren/status/1572659264560435201

uhh hawkbros, we got too cocky, didn't we?

>>51554747
Alright you can fuck off now salesman

>>51548435
that chunk of channel sampling looked extremely tasty!

I will say gold seems to be recovering after all. Perhaps this truly is the bottom. Silver and miners would indicate it was, if they front run gold this run up

Well done eglin
Neo-nazi anti-bayhorse shills out in full force
Bayhorse is the chainlink of silver

>>51555333

S&P: dumpstered
Dollar: +1%
And yet gold still up 0.5%. Goldbros... they got too cocky.

>>51556127
Shhh, you might jinx it.

The crack spreads are rising again. Oilbros? Is this some upside pressure on refinery runs or are we in for another plunge?

>>51556335
Oil insiders are dumping stock like there's no tomorrow also too much retail in the space we need a cyclical bear to shake em all out.

>>51556559
Plunge it be then.

Shemitah ends Monday, going all in Friday 30 mins to close.

>>51556793
Gotta start trading based on solar cycles. Gotta break into the federal observatories demanding I use the telescopes for data to insert into my ham-fisted linear regression models.

>>51556820
>anon drives to the guard post at the observatory
>guard asks for IDs and permissions
>anon pulls out a briefcase filled with charts
>indeces, commodities, currency exchange rates, FRED charts, useful and useless ratios, schizo cycles, papers on the history relating to politics/economics/religion, among many other charts and papers come spilling out of the briefcase like spaghetti out of a pocket
>anon begins furiously reading out a memorized essay (written by himself) about how it's all connected and why the guard must let him through so that he can confirm the validity of his research with his own eyes

>>51556820

Got you covered. Here's a 100 year old solar cycle chart extended into the future.
I think it'll hold up pretty damn well.

>>51555304
Silver takes massive buy volume and can't stay above the newly-formed downtrend line, and we're now nowhere close to any other economic data release that might signal any news.

The entire PM space has been foaming at the mouth that the FED was going to pivot the moment economic data started to show signs of weakness, that Powel would never be hawkish, and that Sept/Oct at the latest they'd start pivoting. Well, September is here and JPOW just said to expect a 100 bps increase next month and beyond.

I'm increasingly more convinced that Tom Luongo is right in that the FED is saying fuck off to the WEF and its Eurocentric OWG plan despite our politicians being totally sold out because it benefits them.

Ok I haven't checked on my Gayhorse and Lagoon portfolio in over a year, probably best to not check until next bull run right?

>>51558155
Good points as well. Key resistances have yet to be decisively broken. I remain neutral for now. Let's let the charts move for a couple of days before passing judgment just yet. Volatility is making things difficult

https://www.mining.com/web/top-gold-ceos-say-soaring-costs-will-hobble-mining-industry-into-2023/

Costs for ordering parts / materials for mining have ballooned past anyones expectations, loads of projects will be delayed because of this.

>>51558554
sir
do not reveal,
do not redeem

>>51558832
ser, pls think of my village

>>51558816
>people keep buying up gold and silver
>producers slowing down supply
I can't believe I am the only one who knows this shit is about to pop off harder than /pol/ when they see a khazer milkers.

>>51550156
true, wish I did this instead of getting cucked by near term producers and even more speculative exploration cos

>>51559427
i thought material supply was bad a year or a bit ago, its only going to be getting worse. Chemical suppliers are some of the worst effected, but everything from basic plumbing parts to steel fencing is either out of stock to backordered til 2025. Drilling suppliers are having all sorts of problems soursing pipe and bits too, china cant get stuff here fast enough.

>>51560046
Pardon my ignorace, what do the drillers need pipe for? For extracting the core?

>>51560200
for drilling, i am talking about both drill pipe for the sampling and collaring holes too. Drill steel for doing rock bolts and blasting is impossible to source for many projects too. Pretty much anything that is consumable currently is in deep short supply.

Anyone here own Premium Nickel Resources? Any thoughts, there is one big seller (who is up 10x on this, but his other investments have absolutely crashed, so is now selling his winner(s)) shitting up the stock price, but other insiders have been buying. It is in Botswana, if they update the resource and it is what they think it is, apparently a similar deposit has been sold for +10x the current market cap. Mines were closed due to the local smelter being shut down, not due to mine economics. Would be a near term nickel producer if they get their resource to be 43-101 compliant. Some drill results upcoming near some previous good hits. Apparently they no near term funding issues, haven't checked their financials, just what I read elsewhere

>everyone is losing 5% or more on their stock
>miners losing about 1%
>gold and silver spot green
People here are going to miss out if they don't buy sometime soon.

>>51558680
This structure is fairly interesting. I think TA is only useful in situations like these where there are no real outside influences on price movements (like wars, or huge supply shocks), and the fact Silver's trading in this wedge all month is fairly interesting. I hate saying this, but I think 17.50 might have been the bottom.

Gold is basically refusing to breakdown from 1653. A few months back we had a similar situation at 1800, where any attempt to breach to the downside was met with buy orders. Powell saying they're going to hike more aggressively from now on not pulling the rug from under gold gives me some hope.


>>51561237
>Losing about 1%
In what world nigga, I'm down 53.

>>51558155
Where are you getting this 100 bps increase next month? He never said that.

>>51562845
I was looking for that quote, and you're actually correct. What he said was "median for year-end is 125bps" - so I got that wrong.

It seems 4.5% is where they want to be by mid 2023 and see it falling to 3.9% by 2024. Either way, there's no signs they're stopping the rate hikes.

>>51562488
Time will tell. Couple days. Then we'll know

>>51561237
lol there will be plenty of time to get on board if there truly is another bullrun coming. Hurry too much just trying to greedily catch the absolute bottom can get you to lose a lot of money. Patience.

>>51557008
What happens next? Does the guard let anon in? Does he shoot him? Is the guard a well adjusted /biz/bro who has his own pocket charts?

>>51555333
n44atx
Where is your updated bullshit DD?

Waiting for the Bank of England....

>>51566554
to do what, raise rates? GBP is in the gutter

>>51556335
>Crack spreads
Lion one, blue lagoon spread my portfolios crack if you know what I mean.
They raped me if you catch my drift.
They inserted their bepis I into my poop hole if you understand me

Poomp

The SOXL shitposter is probably suicidal right now.

>>51568253
>Lion one
C$1.05 warrants.
What did they mean by this?

>>51570173
Junior Mining is actually a scam. As soon as that 1 in 100 junior finds a world class deposit, retail gets boned in the anus as the investment banks undercut them all to get a large position at the best price in years once the project is sufficiently derisked.
It's purposeful and happens over and over.
Gold Mountain was the same but management were even bigger scammers, they scammed the investment banks who were scamming retail, its a pajeet call center tier clusterfuck of scamming.

Gold actually holding up really well today considering the 10y is ripping higher, up 16 bps, looks like a fresh high since 2010. Dollar index up 0.7%, S&P down 0.7%. And yet, gold flat. Bottom absolutely and indesputably confirmed to be in.

>>51570601
Like I have been saying. Shemitah is over, now 7 years of feast.

>>51570614
Every single time indeed.

>>51556820
short GBP on this autumnal equinox like before same as Soros. It's falling this September 22nd-23rd

David Brady now deleting comments in the private application of people calling him out on never accepting different viewpoints. Nigga absolutely seething.

>>51570601
I've noticed recently that Gold is trading completely glued to the DXY. Seems like after a certain point, bond yields stopped mattering to its price.

Silver still rangebound in this triangle pattern that's about to break. I have a gut feeling it will break down, but considering I am always wrong in my predictions, it will probably break up.

>>51571175
>Silver still rangebound in this triangle pattern that's about to break. I have a gut feeling it will break down, but considering I am always wrong in my predictions, it will probably break up.
I'm no silver hyperbull, but I think there is very limited downside here simply because cost of production is so high. Seems like most silver producers are losing money at sub 20 silver, so unless the market would accept lower supply, price can't really go lower.

Bros, Lagoon is dead. Japanese girls will never experience the taste of my homemade curry

>>51571568
>C$.22
Holy shit, why did anyone think it was a good idea to buy a stock run by a literal pajeet again? Jeets don't even know mining.

>>51571852
Lmao it’s down like 50% in a week, what went wrong lagoon bros

>>51571568
>>51572050
>>51571852
The same person who introduced lagoon to these threads was the one who introduced bayhorse.

>>51572050
I suppose valuation was always highly dependent on their exploration upside and that just hasn't materialized, yet at least.

>>51548144
Are we not expecting a crash in the gold price because of yesterday's rate increase, kek
Shifted to stables, apparently that shit makes decent passive income on middlewares. Some gen z pajeet suggested Spool Fi

>>51572098
I may have lost my money and my sanity but I still have to live in this world for some number of decades

>>51547214
how did you guys not rope yet? muh inflation hedges.... HAHAHAAHAA

>>51572292
Gold is literally the best performing asset class this year, you mad cryptobabbie?

>>51571237
What about lower demand in case of a recession?

>>51572292
gold is doing quite well actually.

>>51572292
Don't need to, in my mind I'm already dead.

>>51572326
Silver being partly reliable on industrial demand is why I like gold better. But even though we have a recession I don't think demand is going to drop that much and it will probably be temporary. There are a rising number of people that seems to love silver for investment purposes and there's also the solar panel angle that should support demand. Price is already so low that production will probably soon taper off if it doesn't go higher.

>>51572292
>bitcoin was 70k now 18k
>some crypto dropped harder
>some to 0
Uh, we are the only ones not losing our shirts.

Unironically though, Lion One is a stupid good deal here at $0.70, it took out the 2020 low... feels like a blood in the streets moment.

>>51572542
Later today I am going to weigh my options for what to buy tomorrow. Lion seems cool.

>>51572324
>Gold is literally the best performing asset class this year,
no, that would be the US dollar, chud. gold is like -6% YTD

Should I sell Bayhorse? I’m down severely from when I bought in and I csn use the cash now. Is it worth holding, or will the cowboy keep diluting my shares?

>>51572935
Sell.

>>51571175
>Nigga absolutely seething.
>people paid to be cucked
They deserve all of this.

>>51571852
I hate not having cash...

All in all, feels like a bottom, I love how easy it is.

>>51573026
love me cash position
love me puts
'ate stocks goin up
simple as

>>51573026
What's ironic is that Brady was salty about someone linking him a SantiagoAUFund tweet, the Milkshake guy. Both of which are pompous assholes too far up their own asses.

Except only one of them has been right... so far.

I have cash, I just don't have any conviction anymore. It goes up and I make up for the losses or I don't buy jack shit again anymore, simple as. I've caught nothing but falling knives in this sector, I'd rather blow my money on hookers, coke and anime figurines instead.

According to my quack-alations, shemitah actually ends Monday. I will buy 30 mins to close on Monday, not tomorrow. I suggest you all do the same.

What do you call this pattern?

>>51573743
The "gap close and lower low tomorrow"

>>51570528
KEK if you can't do a PP you're at a disadvantage with the juniors.

https://mobile.twitter.com/ericnuttall/status/1572217231517294594

Saudi Aramco CEO

>>51574098
Everything needs to stay red until I bought back in, these people need to just zip it now and pump later.

>>51574098
>saudis crying about oil going lower

>>51573354
stop trying to make "shemitah" happen,

Can I just have one investment go right in two fucking years? Bullshit.

SALT bros I warned you guys that I bought, I told you to exit.
The curse continues

>>51574569
Sorry, I will tell the boys to reverse the markets now.

>>51574805
Today is a big day for me it turns out. I just got notification one of my buys just doubled in a day. Hopefully commodities are next.

>>51574857
Hmm, maybe I should put salt on the menu. I think Pan Man was saying salt is becoming harder to find in rich deposits or something? Might have to look into it.

>>51574857

If it doesn't stop at $2.15 then SALT is actually going towards the long term lower trend line of $1.5 and it's moving too quickly. I'm going to miss out on the opportunity if it doesn't slow down soon.
I need some new money quickly so I can catch it down there and radically bring down my average.

>>51574994
I just doubled my SALT position, this will shoot right back up with the next news release

>>51575339

Yeah it's not going to spend long down this range, which is why I'm thinking of just rotating my other stocks into it while it's still possible.
If it goes lower then it's a quick touch. Every time it has touched that low trend line it has bounced right back up and it'll do so this time too if it gets there and I really hope it does.

Do you guys buy SALT directly or VUL for the discount.

Okay fuck it, sold my gold royalty company and bought into SALT at $2.08 increasing my holdings 50%.
This looks like a total capitulation going on, even if this was going a bit lower from here. I'll rather rebuild my gold position in the next week or two rather than miss out on buying here.
And if this goes even lower and stays there long enough I'll buy more. The multipliers are attractive as fuck buying at these prices.

Sorry. I should all in USD next.

>>51576235
>they announce gold is the new global currency amd it goes to 30k/oz and they can extract salt from the ocean using gold

Can't wait to buy SALT at $1.00 on Monday.

>>51576235
bearish for SALT. Gonna break down. Also bullish for gold.

Fucking Vale keeps being green. Go down you shit, I want to buy. Better be an apocalyptic dump coming.

>>51576374
Also now all Gold mining companies are nationalized the world over because if Gold is literally money, the government will want complete control over it.

>>51555333
You mean it's going to bleed endlessly into oblivion?

Poo Lagooners are ready to roll!

Gold Forum Americas now over, all presentations available on their site
https://www.goldforumamericas.com/program-agenda-gold-forum-americas/

>>51553448
The thing is, even though he's a fucking cringe boomer faggot, he's right on this occasion.
The bond market is calling out the Fed, that's why there's yield curve inversion which widened while Powell was talking (check the US10Y-US02Y chart for when he started talking).
Each time I interact with you people I notice more and more dumbness.
You're not that much smarter than the /pmg/tards.

>>51574951
Salt is fairly easy to come by, but really high quality deposits are getting harder to find. Most salt deposits have impure bedding, stuff like silt, sand or gravel inbetween salt beds lowers its quality and value.

>>51577493
>You're not that much smarter than the /pmg/tards.
Never claimed to be.

So explain what exactly is the benefit of not believing the FED is serious about fighting inflation, if it turns out it actually is.

I get it - they lie, they manipulate the numbers, they backtrack, they're reactionary; but so far, they don't seem too concerned with the functioning of the markets. My point is that everyone has been expecting this pivot, the dovish talk, month after month after month. And it hasn't come. The rate hikes aren't priced in - the pivot is priced in. What if ultimately, this is the flush?

While Europe is fucked, China is dealing with a real estate crisis and Russia is more isolated than ever, this seems like the correct time to execute the shift while the US is still the cleanest shirt in the room.

>>51577333
Very nice.

>>51575423
>>51576235
I think the anons who bought SALT with the patience to wait for the buyout will wagmi. Time will tell.

I go to a top 10 business school. They have a student run 'hedge fund' that has 10m AUM. I am a part of it and have convinced them to hear out a few of my penny-stock stock pitches. Penny stocks to them are really anyting under 100m MC and even 100m MC is tiny. What stock should i have them buy? I have already made write ups for Vulcan and Starcore.

>>51578163
Bayhorse please ser I need an exit strategy

>>51577077
is that a swastika I see?

>>51578163
>Vulcan
Maybe
>Starcore
Don't do it man

Check out Morien Resources, nice little coal royalty company that should be raking in nice cash. Anyways why so focused on <$100M market cap penny stocks? They're so risky and you can get much better risk-reward even without going above the $1B market cap threshold. And heck there is great risk-reward even well above that too

>>51577944
>buyout
I have heard so many rumors about a company on the verge of being bought out and not once has it come to fruition. Is there any evidence of this being different?

>>51578467
Because you only find real value in those Penny stocks. Starcore’s market cap is = to its current cash and the San Martin mine has an annuity value of $15m at $1600 gold. It’s a no brainer. Same with Vulcan, they have 37.5% stake in atlas salt and that stake alone is worth $70m while their market cap is $40m. But you don’t find those kinds of deals in bigger companies. I don’t want to have to get into macro and explaining the copper price.
>morien
Based I’ll check it out
>>51578303
Jej

>>51578719

No and we probably won't know about any actual interest before the feasibility study is done.
But taking everything into consideration this thing has a great chance to be bought out by someone sooner rather than later.
It's shaping up to be one the world's largest deposit and it's very high grade and piss easy to mine with great access to transporting the goods.

Let's say that for whatever strange reason no one even wanted to actually mine it.
Even so all of this stuff combined makes it a huge threat. Companies would be retarded not to at least throw few bids on it to get this thing off the market.
Imagine if the Chinks bought it out and decided to start disrupting all Western salt markets for the next 50-100 years by flooding it with piss cheap salt. They could actually do it with this massive deposit.
It's far better idea for some giga corporation to throw couple of billions at this to get it for themselves than to leave it as a ticking time bomb of a liability that could destroy their margins.
And that's just looking at it from the market disruption point of view and ignoring the actual mining aspect. Hell it doesn't even need to be bought out in order to do +10x. Buyout simply makes the time frame a lot shorter than them turning it into a mine.

>>51547214
Hi /cmmg/. I just want to know how many of you got scammed by the gayhorse silver shill. I tried warning you guys. Ouch. Lol.

>>51579306
You don't also get much growth from companies like Starcore, and they don't pay dividends either. While yes the market cap may be small relative to net income and yes they keep themselves afloat well, the bottom line is still so small that they are not making amy significant growth. Which is why the company doesn't get valued higher in the market.

>>51580230
I was initially on board but sold out at about 20% profit when I smelled the bullshit. Told people at the time that I would be getting out until there are some actual results, was told that I was stupid a fudder and a shill and that I would miss out. Glad I used my brain

>>51580230
>>51580482
I wonder how much in the red silver miner anon is right now.

Red, would you do TA on a non commodity, or you don't do that?

>>51579306
>>51580447
Oh and might I add that Starcore posted a net loss last quarter so they're also not making money right now

>>51580551
Idk. Lol. I remember that time he said my family would go bankrupt if I shorted it at .21 in these very threads. I tried warning you guys.

>>51580595
>>51580447
They don't have to make money, they have net assets of 50 million @ an 8 million market cap. 8-10 million of that 50 is cash. No debt. Investors get: 8 mil cash, 1 mil supplies, the san martin mine, and the odopepe project for 8 mil. Shits a no brainer.

Uh, Uranium chads...
https://www.youtube.com/watch?v=Aza0m-1Iw0Y

This shouldn't happen right?

>>51580759
Hehehehahahaha lol lmfao even. When do the investors get anything from these companies? They don't grow, they don't hand out dividends or buy back shares. Come on think about it for a while.

>>51580759
I dont think their assets are worth much in a liquidation. That other exploration project they have they tried to sell for ages but noone wants it. So instead they chose to start pouring new money into that dog. So any money that is earned will probably just be wasted on that. Also often times these old mines go up in cost as they mine the best ore first, so it could soon struggle to make any money. I wouldn't bother with that company, do the needful and shill them canagold instead.

>>51580971
"There's a lot of uranium out there but it's not profitable at current prices" Well no shit

>>51580971
A much more interesting detraction from the uranium thesis is nuclear recycling.

https://whatisnuclear.com/recycling.html
>Nuclear waste is recyclable. Once reactor fuel (uranium or thorium) is used in a reactor, it can be treated and put into another reactor as fuel. In fact, typical reactors only extract a few percent of the energy in their fuel. You could power the entire US electricity grid off of the energy in nuclear waste for almost 100 years (details). If you recycle the waste, the final waste that is left over decays to harmlessness within a few hundred years, rather than a million years as with standard (unrecycled) nuclear waste. However, recycling nuclear waste generally involves performing complex chemistry processes in a radiologically shielded area and can be rather expensive and also generate significant amounts of radioactive material in liquid form.

Imagine there is some kind of a breakthrough in this area to make it cheaper. It would be akin to the fracking revolution except for nuclear power

>>51580971

He's right, but it's not about the shortage of uranium itself, but about the shortage of producers.
It's all about that small window of the price spiking before tons of these stocks move into becoming producers.
He even said it himself there.
>If it gets going it'll overshoot quite a bit.
And that's basically what the entire thesis rests on.

What I'm concerned about is that many of these companies have already pulled pretty good runs in the realm of 10-30x range. Most of the money has already been made here and the time to get in was 2019.
These stocks could fall 80% from here and they'd still be profitable for people who got in early. Now it all rests on luring in that new money.

>>51581940
I'm really disincetivized from investing in uranium juniors because they are all valued at uranium prices much higher than the current price already. And they haven't fallen significantly within a year or two. Just kept crabbing more or less

>>51582030

Yeah I'm waiting for a pullback in them, but it might not even come. I'm pretty sure what's holding the prices so high are these hedgies holding so much of the stocks.
The field is so small that they can game it pretty effectively.
Only companies that I really give a damn about are soon to be producers, because they have something more going on for themselves than just having stuff in the ground and they can still claim to be the few out there so a premium can be justified.
There's at least a case for them going up based on something real and in a timely manner, compared to some explorer that's going to produce 10 years from now.
Encore and Global Atomic come to mind at first as good options and with market caps with room to grow. Rest of this stuff is pretty iffy to me and on par with shitcoins.
Of course there's also Silex systems that's going to lease their new laser enrichment tech and then sucks royalties from it forever.
Stock like that will basically just grow every year as more uranium enrichment is needed, but that's a bit longer play in the +5 years range.

To be honest I'm getting more drawn to building a position in larger PM producers and more niche things like SALT.
Uranium feels like it has a real chance of not working out if we don't get the price spike happening within couple of years, because the more producers we have the less it will move.
If Nexgen for example manages to turn into a producer before the bull cycle, they can saturate the market and that's a dead fucking thesis right there.

>>51582234
I was just thinking about why you didn't mention Nexgen as a viable investment. I hadn't considered that they could actually flood the market with uranium because their project is so big and high grade.

>>51555333
hello. got any new maymays for us

I just checked the GS prices for today.

>0.18% change in gold
>0.10% change in silver

I am thinking we hit the bottom or right over it. They are about to pull a housing and energy move. I am wondering if I should wait for Monday or buy tomorrow.

>>51555333

>>51576685

>>51572098
>person
niggers arent people anon

>>51582311

I'm looking at things that have room to grow market cap wise and Nexgen is pretty damn big already.
I don't think it's that attractive to many retail investors for that reason.
Global Atomic can dig uranium for cheap and they'll move into production shortly. Encore is a producer next year too. Encore also has that environmentally safe ISR gold mining research going on with Group 11 which has potentially to be really massive.
I like these two.
But Uranium thesis will be fucked hard if they take too long with pushing the prices up, because it's all about that tiny window of spiking the prices before big producers pop up.
If these U stocks don't move after the next pullback, I'll just focus on gold or something in the energy sector like solar, because that sector is going to suck the hell out of the government tit and has a lot of room to move.

>>51555333

>>51582373
Tonto find mine abandoned. No mining activity and no equipment. Only empty pill bottles and pictures of naked thai ladyboys scattered all around. Terrible environmental damage.

>>51582478

>>51583224
donna, noooooooooooooooooooooooooooo

>>51582490
>>51582234
That kind of sucks that there needs to be all these factors in place for uranium to give huge returns. What are the chances the factors are in favor and we don't get fucked?

I'm buying more coal today.

Whitehaven and Peabody

>>51577915
meant the general in general, not you specfically. I even said as much.

>>51580737
damn. many such cases.

> referenda in occupied Ukraine
> paper is not a commodity
shame

ECONOMIC NINJA NAMES THE JEW AND CALLS OUT SHEMITAH.

https://m.youtube.com/watch?v=eSj8MwUlpt4

>>51580591
I can do TA on anything. What's the ticker?

>>51581940
>What I'm concerned about is that many of these companies have already pulled pretty good runs in the realm of 10-30x range. Most of the money has already been made here and the time to get in was 2019.
>These stocks could fall 80% from here and they'd still be profitable for people who got in early. Now it all rests on luring in that new money.
This
/pmg/ was unironically right but I'm too prideful to accept defeat and buy more silver

>>51585886
do blue lagoon lmao

Uhhh goldbros how do we cope with this breakdown?

>>51586890
My gold is on pawn so to an extent I benefit from having something of lower price as collateral.

>>51586890
I'm ruined

>>51586890
Powell that bloddy basterd bich will release the pivot

>>51586890
Check the FTSE, DAX etc.
Throwing out the baby with the bathwater.

>>51586890
By having 2500$ ready for use

Hopefully we have big cheapies at opening, I'll watch every fucking knives

Bros does it really end like this

should i keep shorting oil ?

>>51587847
I thought the US was going to buy oil at $80 to replenish strategic oil reserves which was supposed to make 80 the floor

How low can we go?

kek i closed my short and i went long . im ruined

>>51587966
That was denied by the administration. Told ya'll oil was going back to 60.
>>51588597
>Watch and learn

>>51588597
wont try to time the bottom, i'm buying with both hands now

>wake up
>markets and like 3 countries are collapsing
Kek.

DXY passed 112.
Commodity bulls... I...

>>51588782
Based

Uh oh saltbros is that 200 day moving average we blew through last night? I thought the line only went up...

>>51582030
Alot of them are trading at a premium to NPV8%. Uranium is going down from here.

>>51589920
Gentle (but deserved) ribbing aside, I will now buy your salt mine

>>51589649
Just bought a full position in Outcrop silver.

Still have 1k5 left. Dont know the target, waiting for more red

Congrats fellows. I created my broker account back in december 2020, and landed half my savings - $6K - there. Invested everything in various miners.

Now, almost 2 years later, i've the pleasure to announce you i'm down -91.2% on my initial.
Even the worst rugpulling shitcoins aren't performing this bad overall.

You scammed me. You stole my cash and now i'm broke. This is the reality i'm facing rn.

>>51590345
Thank you for playing. Stay tuned for more stealin', or would you like to cash out?

>>51590345
You bought Bayhorse and Blue Lagoon, right?

>>51590419
I'd rather lose 100% and not have to think about it at all, thanks.
I came here because Degiro have to send me an automated mail each time my positions are down 20+% within a session. It's the law over here. So every once in a while i see their mails and not only i'm reminded i got scammed, but i even have the privilege to enjoy another extra bit of scamming. It's the gift that keeps on giving.

>>51590475
Yep, among others, but those are my biggest positions by far. I went 100% on juniors.

>>51590524
Hey think positively, at least you get $6k worth of tax losses for the next few years!

>>51590559
Sadly nope, i'm on neetbux since the vax roll out (got fired for refusing the clotshot), so i don't pay taxes anyway...

>>51590548
>I went 100% on juniors.
F dude. Sadly that's what happens when you trust people and don't do your own due diligence or invest in volatile sectors that you don't know anything about. Not trying to be a cunt about it as we've all been bled dry over the past year, but you should take this as a lesson to research things heavily if you're ever going to put your money on the line, and to never buy into hype.

At least you "only" spent $6k. It's relative, I know, but it's recoverable.

>>51590524
>I came here because Degiro have to send me an automated mail each time my positions are down 20+% within a session. It's the law over here. So every once in a while i see their mails and not only i'm reminded i got scammed, but i even have the privilege to enjoy another extra bit of scamming. It's the gift that keeps on giving.
Kek
>>51590607
The tax loss is carried forward. All you have to do is put the other half in and make it all back, tax free (this is financial advice).

>>51590524
>invested 6k in dec 2020
>didnt average down after buying the top
>I got scammed, I'm not wrong
Sucks to be retarded heh

>>51590607
just gotta make some capital gains in the next few years and you're good to go :)

>>51590874
>bought 2020
>average down 2021
>average down 2022
>dumps even more
Now the bottom will fall out, when do I stop shoveling paycheques into the meat grinder to keep averaging down?

>>51590345
>Blames others for his mistakes.
Maybe blame yourself for your own mistakes. You could learn something that way.

What do you guys think of chucking 10k at a series I bond?

>>51590949
That's the price to pay to be right and make life changing gains

Like, seriously, you know what kind of gains you are aiming at. We've seen it plenty of times, I hope you're aware how lucky we are to be at the right place, at the right moment. Stop fucking complaining, sell if you're not happy or buy if you understand this chance. I'm happy everything is red, I know I won't see it a second time in my life.

>>51591061
>Stop fucking complaining

>>51591159
you can keep doing it but it wont make you a better investor.

Seriously, just understand and look at the bigger picture.

>>51591061
>Hey, look into the mirror.

>>51583736
I think the odds are tilted in our favor regarding the big picture, especially with Russia out of the picture and the Uranium sector being as small as it is.
Of course we don't know how long the general markets will fall and drag us down and when the uranium spot price actually goes up.
I don't believe we have any real decoupling yet. We need the general markets to hit some massive lows for money to start moving to greener pastures.
If it takes too long we're fucked as the producers come online. If it's fast enough we're in the money. Time will tell if only the big boys won with this bet.
I'll be increasingly cautious with my money when it comes to staying in U stocks if things don't develop quickly enough.

>>51590050
Sodium deal of a lifetime. Now's the last time to buy before the next giga leg starts.
I do kinda hope it went all the way to $1.5 and stayed there for couple of weeks, even if I already went all in at $2.08.
I want to buy more of this at low prices, but it'll probably just V bottom up to some support level from here.

>>51591042
You want to tie up precious USD liquidity ahead of the greatest asset rout since 2008 and still earn less than the juked CPI print?
Do 20k, live a little.

>>51591348
Well you can only buy up to 10k. I'm currently 40k cash and don't know what else to do because everything I buy dumps kek

>>51591425
Buy PUTS retards. PUTS on tech, PUTS on memes, PUTS on oil, PUTS ON FUCKING EVERYTHING

>>51590475
Bayhorse and Blue Lagoon look pretty good compared to Gold Mountain and Emerita

>>51591452
I don't know how or when to short and I just keep thinking "oh it can't possibly get that much worse"

>>51591673
Well I can. EVERY chart just broke down below support levels. Copper. Oil. Gold. Stocks. Fucking everything. The market could not give you a more clear message about where we are going right now. Shit and overvalued companies like Spotify or Roblox or the like will get fucking eviscerated. Many of these have already broken multi-year support levels. And if there is a dead car bounce I'll buy even more puts, gladly.

i can't take this anymore bros. how many fortnights do i have to grind my teeth and watch my epic commodity portfolio get slashed in half for before (we) make it?

>>51591976
Don’t worry bro, by the time it’s over, your precious metals miners will only need to run 700% to break even. I’m sure that will take no time at all!

>>51571175
I hate being right, second-doubt myself and do nothing about it and end up losing an opportunity.

>>51592443
Were you planning to short?

>>51592619
No, but I was planning on skimming some of the meager profits from the Uranium plays to DCA into more stable producers. They'll be the first ones to stabilize even if metals prices stay depressed while juniors are tapped the fuck out after two+ years of this.

>>51592124
i can't take this psychological abuse anymore. cmmg predicted the current macroeconomic scenario with pinpoint accuracy and yet the prices do not reflect the thesis. have i been tricked? has society moved past commodities? are wr already immersed in a digital web 3 metaverse bug-eating nothing-owning society with no chance of escape?

>>51590345
Fun Fact: If you bought Uranium instead of this Shit Meme you would be at least 3-4x up right now since December 2020. You better off doing the opposite what /biz/ does

>>51592820
A lot of people did exactly that. In fact the guy who actually made the first ever /cmmg/ thread made it off the initial uranium pump and no longer comes here.

The solution here was to diversify and not epicly ape into a bunch of shitty juniors

Quite the red day, eskay getting the old yeller treatment

>>51592792
You look like a little bitch. Turn off your screen and come back in 3 months if you don't have the guts for such drawback. We have been right and will keep being right, you just need to not sell. Better if you buy, that's what I'm doing. Everyone in August 2020 were complaining about how high miner went but no-one wanted to buy in March. Now you can, up to you.

>>51592755
Eh i wouldn't worry about it i keep buying stock that I'm 80% sure will go down in price, but the risk reward is so attractive right now.

>>51591976
You're paying slavish attention to price and none to value. Whilst i mostly pay attention to value and welcome lower prices whilst i have liquidity, because i do not care if a company i think is worth 5 times what it's now drops 50% i actually welcome it so i can buy cheaper.

Who else is buying the dip?

>>51593544
I'm gonna take some cash out before the bail-ins start

>>51593586
Yep, I'm actually about to head to the bank right now. Already called them to let them know I'm leaving a gaping hole.

>>51593426
I've been hearing the "risk-reward is so attractive right now" for two years. I'm not dumping more money into this sector. If it moons with what I already have invested, great - everything else is either staying in cash, real estate or physical.

>>51593544
bought a bag of OGC. Dont know if I should buy FYL or GOG next, dont have enough cash for both

>>51593680
>I've been hearing the "risk-reward is so attractive right now"
Maybe you should read instead of hearing.

>>51593732

>>51594036
You obviously don't know what the companies you've bought are worth so you only look at the price.So maybe you should read about the companies you've invested in and come up with a number of how much they'll be worth in the future.

>>51593544
Hell no. Cash and puts. And sitting comfy. Bulls get the rope.

https://wolfstreet.com/2022/09/21/powells-whatever-it-takes-moment-our-policy-will-be-enough-to-restore-price-stability-fed-hikes-by-75-basis-points-in-shocker-sees-4-4-by-end-of-2022/
Remember:
>WHAT
>EVER
>IT
>TAKES

>>51594395
Remember:
>INFLATION
>IS
>TRANSITORY

>>51594072
There is literally 0 guarantee that a company has to trade according to the value of its earnings, resource estimates or FCF predictions. Zero. The same way a tech company who does nothing but bleed money can trade for 35x earnings, so can another trade below its earnings.

But I hope it works out for you because it will work out for me all the same. I just ran out of copium.

>>51548970
>newfoundland discovery corp
qrd? why they going bankrupt

>>51594445
If i can buy a company that's worth $80M fully permitted for construction financing thought debt and a silver stream without or minimal dilution and in the first year it will make $300M in free cash flow i'll buy that, the market will take notice of it i do not care if it take 2 or 4 years but it will happen because sentiment changes trends don't last forever. The guarantee is the $300M FCF.

>>51594424
Sorry mate that's yesterday's news. Now it's all about crushing inflation. Powell is in the middle of his redemption arc. Remember, WHATEVER IT TAKES.

But you're free to keep buying the dip, surely that will work... right?

>powell to speak in 40 mins
This motherfucker is about to pump it isn't he?

>>51594639
Yeah imagine trusting a central banker. Not like he was wrong with all this statements before this one. I will buy the "dip" and it will work out.

>>51594705
Not sure why he is talking now but he will double down and remain hawkish. There will be NO pivot
>>51594759
Go ahead then. Do it. There's a big dip going on right now, time to buy! Go all in!

>>51594783
Go ahead sell i'll buy.

>>51594825
Got nothing to sell mate. Just cash and puts. So you'll just have to buy from somebody else. I do hope you did go all in, since you're so convinced this is the bottom

>>51594976
>Got nothing to sell mate.
What do you mean? Sell short all in go now.

>>51594705
Powell will release the bonanza bros...

>>51593386
i'm just demoralized. thank you for the wake up call fren. i.. i'll b-buy the dip one more time...

>>51595009
Sell short? What's that? I only do puts I don't speak short.

>>51595594
I mean this is not the bottom and you have cash you can borrow stock against that cash and sell in on the market and buy it back later for cheaper and keep the difference why aren't you all in this is not the bottom go all in or puts or sell short. Powell is going to do whatever it takes so you can't lose shorting why sit on cash when you can make money selling borrowed stock.

>>51595655
Why do I have cash? Why, that's because it's appreciating against everything else. I'll buy at my own leisure and terms, at the price I deem fit. Meanwhile the all-in longs will just have to use the tried-and-true tactic of... Hoping for the best! Sincerely, I do "hope" it works out for y'all :)

>>51593544
Yeah re brought stuff i've been selling off over the last couple of months. Didn't put cash in though, sold some losers but has to be done sometimes. Strong dollar seems to of eaten it up, Stocks go down, account value goes up. living the dream

>>51594976
Don't bother, he just discovered Mike Maloney and Alasdair Macleod, it's going to take some time for reality to sink in.

>>51595764
You can hold your cash just borrow stock and sell it short so you make more money because Powell will do whatever it takes, there's 0 risk or just go all in on puts you make more money why sit on cash when you can make more cash selling short or buying being all in on puts.

I bought a handful of ATHOF and ENCUD just in case Powell pumps since those two would move fast. Here's the thing though, because of the split done, my ENCUD now shows a wash sale. This is on them, right?

>>51595815
>Don't bother, he just discovered Mike Maloney and Alasdair Macleod
Seems like you just discovered whoever you mention, after losing all your money.

>>51596038

>>51595923
Sorry me no speak short. But in closing:

luv me dollarz
luvv me puts
luv rate hikes
'ate going long
'ate buying the dip
Simple as

>>51595781
Divs from rio and vale this month covered most of the loss, add abit of dca and looking ok. Abit of cash still waiting incase the jew year starts off crap. Could be best shemitah yet goys

>>51596233
all in puts=more dollars

>>51596307
dollars = optionality & risk free gains
also I enjoy the sight of a big number with $ in front sitting in my account. Comfy af. Mumus wouldn't understand though.

>>51596350
Fed chair said whatever it takes = zero risk
Zero risk + all in puts = more dollars.

>>51596386
Yes, zero risk for the USD. Now you're getting it!

Man, Blue Lagoon bros. 16M market cap hahahaha. Bankruptcy incoming? Doesn’t seem like they have a change in hell to make it out of this recession alive. Guess I’ll take my 70% losses and dip.

>>51596415
Fed chair whatever it takes=this is not the bottom
If fed chair must do whatever it takes then zero risk
if zero risk then puts>usd.
if all in puts then more $.

>>51596510
Sold most of mine at 0.32, saw a chance to dip and took it.
Rolled it into Lion One right before the BD plunged it from 1.05 to 0.65.
I wouldn't mind getting hit by truck-kun right now

>>51596529
Hey if that's your interpretation then more power to you mate! I would have thought you were more of a bull judging from our discussion but maybe you realized that we're in a very bearish environment thanks to my posts. If so, then great! Always makes me happy when I manage to help somebody. Makes me feel all fuzzy and warm inside :)

>my efts went "up" despite the commodity going down because it was valued in dollars
well the pound is fucked

>>51596510
Unironically, is blue lagoon finished? Is it another lost bet?

>>51596631
I hear BOE is planning a monster hike. GBP is in the bloody gutter bruv

>>51596614
No I'm just wondering why you told me to go all in on stock yet you're not all in on puts?

>>51596675
Well, you seemed so confident that the Fed is lying and that they would pivot any second now. And you said that you would gladly buy this dip as well. So I encouraged you to go all in, after all if a pivot is on the way we'd be due for a massive face-ripping rise up in stocks and dollars would crater. Why am I not all in puts you ask? Well, if there's a (rather predictable) dead cat bounce in the near future I'll buy even more puts with the cash I have. And also the cash is essentially a risk free asset that gives me optionality and flexibility in the markets. Cash is appreciating against most other assets in this environment. Why get rid of it all? Ask anybody who is all in on stocks, even they wouldn't put all of their net worth into one single stock. Diversification mate.

>>51596886
Don't get rid of cash use it as collateral to borrow depreciating stock and sell it short buy it back cheaper in the future and keep the difference you seem so confident that the FED will do whatever it takes and that the dollar will keep rising so why not go all in short the market? You can also diversify your shorts or buy puts on 10 different stocks and diversify mate. There are literally no dead cat bounces it's a waterfall sell of so no point in waiting for something that's not going to come,

>>51596995
Sure there are swings up and down in the market. You're not very bright are you. I guess that's also why you don't have any cash.

what a shit thread

>>51573773
This anon was super right btw guys

>>51597294
I'm not sure if you've looked at a chart there hasn't been many swings do you know what a waterfall is here's a picture you seem like a not so bright chap you might not understand the word, And don't you worry i am liquid.

>>51597439
>>51597294
Different traders, different perspectives. Duality of man.

>>51597659
The not so bright chap suggested i go all in on stock because i think the FED is lying, whilst saying with confidence that the FED is saying the truth i only suggested go went all in on puts ain't that a fair proposition considering his proposition towards me?

>>51596648
I mean it has to 3x just to reach my cost basis, spot gold has fallen massively, mining costs have risen, they’re low on capital I presume after their drill program this summer, raising capital in this environment is much much harder, QH does his best to not even touch on them anymore, etc etc etc. Seems to be completely fucked to me. They couldn’t get those bonanza grade hits out in the last couple of years and now they’re probably going to get completely heemed into oblivion

>>51572935
sell, bayhorse is going bankrupt

>>51597724
I really dont care dude

>>51596608
>>51596510
crescat just gave an update on them, QH is bullish

why oil is mooning ?

>>51597884
>sell, bayhorse is going bankrupt
b..but hoe can they go bankrupt when silver anon says they have a mountain of the worlds highest grade silver ore and Graeme is the best CEO, and an and they hired four..4! PhD geologists....a...and there is a unlimited supply of stock for Graeme to sell? How cay they possibly go bankrupt? Did silver anon lie to me?

>>51598291
Bruh all he said was high grade, narrow intercept, they release news every couple of months and that it’s starting to hang together. That’s it. We know their cash is being burned through due to exploration, we know there STILL has been no production update or news on permitting.

>>51598565
>Bruh all he said was high grade, narrow intercept,
all he said was that was classic from an Alkaline system but I guess you forgot that part right ? Why the need to lie, faggot ? People are selling without you bashing it around

>>51598692
Ah yes the muh alkaline system that’s been being discussed for 2 years. I forgot that breaking news. I guess it’s just 2 more weeks until 2 more weeks until the next results are released. I’m sure THAT will be the one to really turn us around, despite every macro condition pointing towards calamity. Disingenuous retards like yourself will continue the cope though I’m sure