/biz/ - Business & Finance

>>54800758
Jim Cramer is a shill and he doesn't care that he's wrong. His masters pay him to herd retail.

>>54801184
>Jim Cramer is a shill and he doesn't care that he's wrong. His masters pay him to herd retail.
yep. you should always disregard whatever cramer has to say

>>54801184
>>54801296
only controversial hot takes here on /cmmg/ folks

>>54801876
Kill jews and deport blacks. Take away women's voting rights. Overthrow the government. Shoot liberals.

>>54802069
and what should we do with countries that nationalize their natural resources?

>>54802166
Are they brown?
Kill them all
Are they white?
Kill them all

>>54802331
based

here's the shipping anon infodump from a few threads back for anybody interested

Is everyone counting on a pivot? I am pretty sure they are raising another 25. How do I profit from this?

NFG clip from Sprott's visit to Gander

https://ntv.ca/investor-believes-central-newfoundland-has-one-of-greatest-gold-discoveries-in-canada/

>>54802897
Seems like PM are smelling something, we're mooning early. A bit annoying, wanted one last purchase tomorrow before FOMC.

>>54803322
Silver squeeze might actually be unfolding before our eyes. Unironically the final moments to purchase silver. We will have a Japanese harem EOY.

Silver bros. WTFWT!!!

< the chart which DESTROYS /cmmg/

>>54803542
sir bayhorse is missing from this list please explain yourself

>>54803542
Hmm, APM.V is the only one I'm holding of those.
They might get some base metals revenue in the future if their tin plans are successful

>>54802166
Depends.

>>54802515
Thanks.

>>54803662
Shh, it's cmmg secret ticker. We don't want smg or the seething crypto nerds to buy into it since everyone here is accumulating hand over fist since its a garunteed 1000x minimum from here.

Is there a link to a comprehensive list of publicly listed silver miners & explorers?

>>54803868

nvm I see Don Durrett has a list

downtrend reversed, good volume, solid bids, did the (((manipulation guy))) oversleep today?

>>54804366

Could very well be the bottom for salt.
Maybe they have some news about the new CEO coming up and the big boys loaded up on enough shares.
We'll see how it goes after that $1.9 gap close if it reaches that far in the near future.
I'm very torn on wanting it to get absolutely fucked to nothing so I can buy tons more for peanuts and wanting it to just be sold as quickly as possible for money rotation purposes.

Anyone know something about SUUFF? It’s a uranium mining company in Wyoming. Could be complete bs. Never heard of uranium mines in WY. The redacted guy on YouTube was shilling it the other day.
https://youtu.be/7y6gQY_GnDs
Starts at 8:00

I did what Andy likes to do with his fractals and made a copy of the very first climb and laid it over the previous top.
It lines up surprisingly well and if this is going to play out the same way, then yeah that could have been the bottom.

Today’s action was especially sus

>>54804607
it's comical, from knocking on the $26 door to back to $25 in about an hour

>>54804781
TA chads win again
>we can't keep getting away with it

>>54804607
>>54804781
We gotta start identifying which Jews specifically are behind the price manipulation so we can draw public attention and humiliation to them and start coming @ them on Twitter

>>54804540
Don't know about the company, but I do know that Wyoming does have legitimate uranium deposits.

>>54804781

If gold is slightly red for the day and silver is up 1.5%, don't be surprised when silver reverses

Sprott loves NFG

https://www.youtube.com/watch?v=4mfPCPf_NF8

>>54804781
It’s like the riggers ask themselves “How far can we push PM investors to make them angry, surely there will never be any karma or blowback for suppressing their investments.”

Silver is junior to gold and follows golds lead. Watch and learn.

>>54804607
>>54804781
>>54804910
Its called price discovery, stop with the antisemitism

>>54805269
>riggers
Sprott is even calling them out, at around 42:20 of the above vid he says they call it "Max Pain" for what they do to us

https://ceo.ca/@goldfinger/this-company-is-drilling-out-one-of-the-highest-grade-silver-primary-projects-in-the-world

One of my biggest position, up a lot, Outcrop in Columbia. Good article explaining why.

>>54805457
Rostin Behnam approves today's tamp

>>54805457

>>54805513
>Columbia

It might be a great property but terrible region, Columbia's been schizophrenic when it comes to its mineral development in the last year. One moment their thrilled to have new exploration, the next their stripping back concessions.

>>54805783
The obsession is that retards won't stop talking about him.

People and their obsession with social media influencers is fascinating. Whether you're sucking their dicks or circle jerking with a bunch of fellow losers over how much you hate them, you're a dumb idiot who should spend their time in a way that isn't simping over random people on social media.

>>54805783
based. Wanted to buy but GV pump made it so I have to wait a few more down days.

>>54801184

>>54802897
I called a pivot way the fuck back in Oct and there's been no sign of it. Now I'm convinced it'll never happen.

>>54806052
true but don't try to convince those people of this, they're in too deep
>>54804781
Price is about flat on the daily. Short term swings like these look like they mean something but it's just degenerates swing trading on leverage.

>>54805783
>>54806053
I've seen that vaxxed faggot pump or dump positions 20% in a day with a tweet

>>54806196
Only a truly moronic nigger would think that the FED is anywhere near a pivot. Inflation is way above the 2% target and the economy, wages, and jobs are still growing (according to the rigged data). What fantasy got into your head that made you suppose they would pivot?

The interest rates will remain elevated for the foreseeable future.

>>54806376
It isn't for the kiwifarms-tier goobers that I say this. It's for the naive dummies who otherwise wouldn't waste their time, but due to the nature of the business think they need to follow the "calls" of these fucking joe-schmoes on the internet because they're "experts".

You don't. This GV faggot does not have as much power as morons here think he does. You don't need to follow social media influencers for trade ideas.

>>54806196
You called the bottom in PM though, if you had invested, you would be up at least 50% in your picks.

I did with like 5-6k and almost doubled now.

>>54806579
Uh, the 2/10 curve?
Do you even into macros?

>>54806579
>Only a truly moronic nigger would think that the FED is anywhere near a pivot.

Fair enough but... the fact that the Fed is raising by 25 basis points rather than 50, suggests that we are near a pivot. When the Fed starts cutting again, that will be because the economy is in the shitter. Real rates down, oil down, gold miners (eventually) up.

>>54806702
>>54806888
these

>>54806630
Yeah, true. Now I'm kicking myself wishing I had just thrown down on physical and stuffed a tomato up my ass for fucking giggles

Is this guy any good at stock picks or is he a useless boomer

>>54807241
the latter, and same is true for any twittertard. None of them are worth your time unless they are actually able to impart you with some kind of useful information outside of "durr I own these cuz they will goes up 100x!"

>>54803542
ok but how many of those are profitable?

>>54807115
he's good when it come to producer, I would have bought a sub if I was interested. However I'm only in explorer. Producer always take debt which is a no-no for me.

His pick for anything but producer are complete garbage. He was shilling Silver Elephant not long ago.

>>54807332
bullshit don't listen to this anon. He is a terrible stock picker period. Called Great Panther a 10x, it went under due to severe unprofitability. This is basic cookie cutter stuff, how you mistake a bankruptcy for a moonshot I do not know.

>>54807241
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 silver pick.

>>54806702
>Do you even into macros?
Obviously better than you because I wasn't of the impression they were going to pivot.

>>54807241
I've come to the conclusion that most of these "experts" are just people who had couple of insanely good hits that they bought with all of their wealth at piss cheap prices and then made it big.
Then they bought 200 more companies with their profits and tell everyone to just wait a bit longer bro, they'll surely do another 100x in two more weeks.
Many of these guys have been holding for over a decade and have at best had zero performance out of their picks and at worst have lost their investments completely.
These shotgun investors with few good pics are really no different from some cryptofaggots who made a shitload of money out of coins they bought because the coins had a funny logo.

>>54807390
So explain the 2/10 to me. Like I'm a Dane with a learning disability that can only comprehend 140 characters or less inside of three frames of Sunday morning cartoons in the newspaper

>>54807404
You are exactly right. They're that, or they make money from stock promotions. In other words, either they are retard joe-schmoes that other retards follow around mindlessly, or they're less than mediocre used money salesmen.

I boughted more sand

>>54807430
How about no.

>>54807609
Exactly. To no surprise

>>54807662

>>54807727

Anybody have thoughts or opinions on pipeline companies? They seem to be very stable high dividend payers, but also pretty high debt/EBITDA ratios. I wonder what happens to their debt servicing costs or access to credit in a high interest rate environment? Many of these companies have had growing dividends and EBITDA over decades, but we're just coming out of a 40 year long period of falling interest rates. Oil and gas demand is of no issue, I see demand growing at least until 2050 or so.

https://www.mining.com/web/mexican-senate-expeditiously-approves-set-of-laws-mining-reform/

Well thats done and set, I wonder how many companies and projects will be effected.

I ended up buying SUUFF this morning and I’m already up 20%. That guy from Redacted TV has a track record of pumping the shit out of commodity stocks. This is his next project, except maybe this one is a keeper? Domestic uranium seems like a good idea right now.

>https://finance.yahoo.com/news/fracking-chemicals-market-global-industry-121200876.html
From the article
>Reportlinker.com announces the release of the report "Fracking Chemicals Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" -

Report linked here
>https://www.reportlinker.com/p06435468/?utm_source=GNW

>Global Fracking Chemicals Market is anticipated to relish a staggering growth in the forecast period due to increasing shale exploration and exploitation activities by oil and gas-producing majors.The market is growing by leaps and bounds due to the emerging demand for shale gas from developing countries.

Ive got a good feeling about this sand thing fellas. I wish I knew chemistry so I could feel confident about other oil field services

>>54809715
Hard pass.

>>54809713
Man I knew when those jackals went after lithium mines a few months ago with nearly zero pushback it was fucking over for wetbacxico. Tons of silver. Bullish for copper tho that market just keeps getting beat like a rented plow mule

>>54809916
bullish for Ivanhoe, DRC niggerland is not interested in shooting itself in the foot like the spics

>>54809916
yep Mexico's trying to capitalize on the lithium boom but its going to bite them in the ass in the long run!

>>54809883
Is he a jeet?

>>54810090
Is there anything that communism can't do?

>>54810344

>>54803294
Big tings

>>54802069
I found the habibi

>>54810344
>>54810391
https://iknnews.com/more-on-the-fission-uranium-fcu-to-ethics-inquiry/
100% sleaze

https://us.goldmining.com/

Thoughts?

>>54810508
>Dev Randhawa’s aggressive and ongoing sexual harassment of women
That’s just how jeets are. They’re horny as fuck and can’t pick up on social cues with women

https://www.mining.com/web/graphic-solid-mine-production-growth-to-support-copper-supply-in-2023-2024/

coppersisters... 2 more years

>>54810955
>Higher mining output plus additional supply from a stockpile in Congo could further weigh on prices
Friedlandkings... how can we stop winning?

>>54810842
looks like a good project and I like the management. CEO experience in the Yukon at the Coffee deposit is relevant to this project. It's remote though but it seems a road is beginning to be built there in 2025. It needs infill drilling for reserves / feasibility purposes but the current block model seems acceptable. Good tonnage, decent grades. And of course there's the exploration potential for satellite deposits or a higher grade area deeper underground and whatnot. Looks alright on first glance just from the operations standpoint but I haven't looked at the books or the valuation or anything like that, just a cursory glance.

>>54804366
>>54804419
WAGMI

>>54810916
>That’s just how jeets are
It's your money, bro.
If you don't mind company funds being used as hush money in the form of "consulting fees" to bitches that this filthy creature harassed, that's great.

Blackrock Silver, good silver or lithium play? I know it's in the gutter along with most other silver juniors, is it a viable company?

>>54802331
does that apply to women? I feel like women are the only ones who look good with any skin type, I wish there were brown skinned women, it would be another expense I am willing to put out besides my PLEB bags

>>54811287
>lithium
what? They went into the lithium hype now? That's always a great sign lmao

>>54811287
Pollard was on a roll before BRC released its disappointing MRE for Tonopah. Prior to that, every financing was at a successively higher price. But the street seems to believe that he's all hype and promotion, which is not unfair as he spends millions on this every year.
Tonopah has high-grade intersections but with narrow widths. It is too spread out to be an open-pit operation and too narrow and dispersed for underground mining. Pollard didn't give enough credit to the old timers who mined the area 100+ years ago, as they cleaned up better than he suggested.
Silver Cloud is a pure speculative project with some smoke, but nothing conclusive.
As far as its lithium venture with Tearlach is concerned, I'm not impressed with the results to date.

>>54811287
>>54811400
Additionally, Pollard looks like a sneaky fucking kike.

>>54811400
I was wondering why I kept seeing recommendations on them from a certain mining stock promoter, thanks.

>>54811602
people really should stop following stock promoters and social media gurus.

Any recommended reading on supply and demand? More from a TA perspective

>>54811615
Yes, I agree, it's just infotainment for me, but it's hard to find what people are talking about in the space. It's crazy to me that one day Dolly Varden, for example, is such a horrible company, then the next they're the best thing ever, all based on price action.

>>54811651
most of the talk is just noise. Of course it's good to keep the ears perked in case of any new information though. But good insights are fairly few and far between. Understanding macro and supply/demand and bigger concepts like that seems to be better than trying to keep track of each tiny company all the time. The best ones will eventually shine through and the worst ones will sink and be forgotten.

>>54811602
>a certain mining stock promoter
Do you mean Allan Barry Laboucan, the grifting, scamming prairie nigger who poses as a Mexican and is Rocketred's best buddy?

>>54811692
I see Jeff Clarke talk about them a good bit, that's one of the few guys that I watch occasionally.

>>54811691
I'm a decent market timer, reading and understanding drill results and feasibility studies are something I need to work on though.

>>54811615
>people really should stop following stock promoters and social media gurus.
Agree, but as long as there are lazy and/or greedy people, these parasites will always exist.
I find them useful for filtering companies. If I see this piece of shit >>54811692 promoting a stock, I know it's a turd and that management is just trying to transfer worthless paper to complete morans.

>>54811923
it's just better to ignore them full stop. There is always the chance that one of these guys actually lucks out and buys or promotes and actually decent company. Best to just exclude them from my mind altogether -- which is exactly what I do. The likes of Doomberg or Rick Rule who actually offer some workable insights, those are the types I'm far more interested in listening to, they are worth my time.

>>54811068
>decent grades
Combined OP resource is like 0.64 g/t Aueq. I suppose it's decent for a very low strip porphyry, but with the remote location and having to ship out a concentrate it's no wonder it's cheap. They are only working on a study for the road, the company would probably have to pay up at least a part of the cost to get it built which is pretty expensive. Going to be ages before this thing gets off the ground.

>>54811956
>Rick Rule

>>54805176
Tuesdays are usually a reversal day.

>>54812270
An interesting thing about looking at the promoters as infotainment is that they all make bad or misleading calls about the market and companies, I guarantee you most of those guys are dumping on retail as they pump them in interviews. The only thing I've learned is to buy as cheap as possible and inverse what promoters are saying will happen.

>>54812467
who do we trust the most? am I missing anyone?

>>54812662
Rocketred

>>54812777
or this

>>54812777
checked, how could I forget the sleaziest of kike pump and dumpers who tried to get us into MASIVO SILVER a few months ago

>>54812777
>Boots not fully laced
>Columbia wind breaker
I hope that nigger steps on a lego

forgot Lobo, he and Don Durrett seem to go in together on shirt purchases

>>54812950
>Behind left ear
>Unintended consequences
I would be dumbstruck if he read that book

What happened to Opawica Explorations Inc. ???

>>54813387
if i recall they had really poor news / results multiple times in a row but its been a while since i saw any news out of that company.

>>54813387
>>54813700
some decent grades, very little length. maybe the GoldSpot AI they've been using will eventually figure out where to drill

>https://www.send2press.com/wire/energy-industry-experts-weigh-in-on-latest-rystad-energy-shale-well-study-indicating-potential-answer-for-accelerated-productivity-declines/
Great article here on wisco white sand
From the article
>The Rystad study challenges the industry’s most recent choices. Executives probably did the right thing at the right time for their stakeholders by adapting IBS. When oil and gas prices plummeted, producers had already spent their cash on growing production, with many outspending their cash flow by completing more wells than needed. This ultimately led to overproduction and caused prices to crash heading into the pandemic. By the time Covid hit, and prices crashed, many producers were running out of cash, perhaps staring down bankruptcy. Their only option was to reduce costs, and using IBS was an obvious, short-term solution.

>IBS may have been a company-saving strategy, but its use carried an unforeseen long-term expense. As illustrated in the Rystad findings, decreased well productivity and longevity are now being felt by those companies, their shareholders, the mineral rights holders, and possibly, U.S. energy security in general. Despite the early indication that production would stay the same, according to the production data studied by Rystad, wells completed with IBS now reveal accelerated economic losses in the hundreds of thousands of dollars per well after only a few short years compared to wells completed with NWS. That spread only grows more significant as oil and gas prices increase.

>>54813864
I totally forgot about Gold Spot! I honestly think its really interesting seeing AI get used for mineral exploration, but its just not working. Someone recently offered me access to a GPT setup that would ID hotspots based on Minfile data and predictive programming. It... didnt really work. I could see it becoming a very handy tool with access to the right data and human input, but right now AI is probably not the best at finding gold.

>>54807505
>paper sand
Not in your sandbox not your sand

>>54813943
In Soviet Russia, sand boxes you

>>54813700
>>54813864
did it get delisted or something? why does it say my shares are worth 0 on my direct investing account?

>>54814032
that doesnt sound right, its showing 0.14 cents on google right now.

>>54814052
wait, my mistake, everything is fine

https://wisconsinsand.org/
The study is linked on this site. It's a pdf. 107 pages. Muh 'tism will not allow me to not the read the entire thing. So I'll report back after I read it. Idk how to use mspaint to stitch screen shots together. So you fellas will just have to bare with a greentext dump with attached images along the way
>Pic
We gonna need to haul all the fucking fracking money home

https://ceo.ca/@globenewswire/kootenay-silver-announces-4-million-private-placement
Kootenay goes beyond 650M shares fully dilluted. I dont intend to hold this beyond 50$ pump, way too many shares for a long term play.

>>54805242
Good speech

My quantitative precious metals speculation journey:

1) Used GLD/GDX ratio, which I observed since 2020, to almost catch the GDX bottom/capitulation in Sept 2022. Average buy in @ $23 on the GDX.

2) Today sold the GDX profits and bought SIL the silver miner index. So I am approx 75% gold miners, 25% silver miners. I do expect a pullback and wouldn't be shocked to be underwater on my silver miners by a third or more at some brief point.

When to sell and use this money for a house deposit? Could be 2 or 3 years from now, who knows and will involve as much blind luck as skill. The only technical indicator on gold I track is gold's distance from its own 200 day moving average. This becomes bearish when gold is extended by 15%, at 20% it's definitely time to bail.

>>54812185
Yeah not something I'd invest in. It looks like it has proper potential unlike most of the juniors but it's not good enough for my pf
>>54812270
It's a funny meme but the man is one of the best people to listen to in the whole sector.

>>54812662
The pay-for-play nigger, Moshi.

>>54812662
Pay-for-play Moshi.

>>54813900
checked, yeah for now I'm not a believer in AI choosing drill targets. Opawica had some great historical drill results bordering Yamana and the AI selected targets didn't come close to the old timers

Mexico bros ...

>>54811287
BlackRock can suck black cock

Salt you animal, 3rd +10% day going on.
It's okay to cool down a bit though. Otherwise it's just going to fall right back down.

>>54804366
>>54804419
>Could very well be the bottom for salt

Salt frens, it's early but we are looking good again today

>>54817469
if they announce a proven deal maker CEO soon it's up 50%

>>54817609
>ceo.ca is bullish
Sell signal

>>54817959
as long as @rocketred doesn't start salt posting I think we are safe

>>54818095
SALT is already in dollartown so I doubt he's interested

>>54815539
Free advice is worth what you pay. He looks out for himself, and perhaps a few paying clients, and that's it. He does have some good views on market psychology, but he views retail as a mark.

>>54818227
>Free advice is worth what you pay
What about paid advice? From say, a bootcamp?

Gold major chads... we eating good

>>54818499
apologize to these men

https://twitter.com/KobeissiLetter/status/1653406861859643400
>US Regional Bank Stocks Today:
>1. PacWest, $PACW: -30%
>2. Western Alliance, $WAL: -25%
>3. Metropolitan Bank, $MCB: -21%
>4. HomeStreet, $HMST: -15%
>5. Zions Bank, $ZION: -10%
>6. KeyCorp, $KEY: -7%
>7. HarborOne, $HONE: -6%
>8. Citizens Financial, $CFG: -5%

>>54819296
tomorrow could be yuge lads, if Jerome hikes .25 more banks fail = bullish PMs, if he pauses = bullish PMs

>>54819787
That pic was me six months ago waiting for the pivot
>>>>>>>>>>>>>>>
In other news select sand is up 25% today. You fellas are sleeping on this sand. I tried to tell you. Ron_paul.jpg

is it happening?

https://financialpost.com/commodities/gold-fields-osisko-canadian-gold-mine
Osisko Mining has a major deal inked for the Windfall gold mining project in Quebec!

https://m.youtube.com/watch?v=gzIAiyxS-nk

Thread theme for all you accoooomulators out there in radio land

>>54820591
better 3 years early than 1 day late

>>54820358

Could be, it's one of these:

>It found the real bottom, the big boys have bought enough and are done with dumping
>It's a trap, let it go up to the $2 gap where they'll dump it again to a new low
>CEO has been selected and big players behind the scenes know this.
>Some other news

Either way this thing is flying and I'll take it.

>>54817643
>>54820793
Are they looking for a new chief? I don't follow the CEO.ca or anything outside of what's posted itt

I'm out of kootenay today. They did another dilution and can go fuck themselves. Their ceo is a soft beta fat Canadian faggot anyway.

I'm moving into i-80 gold, avino gold and silver and Hercules silver Bigly.

My most confidence holdings are the above mentioned along with gogold and Abra silver.

>>54820940
I'm still doing research and going to compile the list. This is just the present state.

>>54820893
Aren't they about to have their feasibility study released?

>>54820940
I will keep holding for the next silver pump, this financing won't affect share price for the next 4 months so its fine. Was obvious CEO is a faggot though.

Currently doing DD on Summa, will probably tomorrow a mid position like 4-5k shares just in case.

>>54820953

That was planned for June or July, so we can assume it'll come out in fall because these fuckers haven't managed to stick to any planed schedules.
This climb is from some news or the big guys simply deciding that was enough dumping.

>>54820904
picrel
>>54820893
based

>>54820940
Is i-80 the one where all of their projects have flooded mines?

>>54821368
Anyone who invests in them will be underwater

>>54821368
several of their open pit properties are flooded but they appear to be exhausted so no big deal on that.

>>54821491
carlos!

>>54821503
>exhausted
4 of their 6 properties have resources below the water table and at least 2 of those were shuttered partially on account of dewatering issues.
I-80's best asset is the roaster at Lone Tree, only 1 of 3 permitted in Nevada. It still needs at least $250M in rehab work.

>>54821806
ah thats a massive rehab bill! when I looked at the photos from their website I could tell a few of them would cost serious cash.

>>54821823
Yeah, I was reading in the TR that dewatering accounted for >90% of the electricity costs for McCoy-Cove before it was shuttered.
I view I-80 as an optionality play since its assets will be high OPEX. The roaster, though, is a good long-term strategy. They could make money from that just by toll milling for other companies.

not a great day for normies

https://www.investorsobserver.com/news/qm-pr/5132394995796114
Dude looks coked the fuck out in this vidya

https://finance.yahoo.com/quote/TUSK/holders?p=TUSK
https://youtu.be/ZC2WiW-drSE
Northern white sand digging I found these guys in Oklahoma

kek

>>54820591
Most of the frac sand companies went under after 2019. This consolidation phase of this industry is over. Shale is going to be the future and NWS will be the proppant coveted the most.
>Picrel
The red are the oy ones left

>>54818227
>Free advice is worth what you pay
good thing I'm not listening to RR for advice then. The only reason to ever listen to any talking heads is if they are actually able to impart me with useful information. Stock picks and advice are secondary to me. Stock picker gurus are a dime a dozen. I am much more convinced of information that I can use in my investing. I'm not interested in fish as much as I am interested in learning how to fish.
>He does have some good views on market psychology
He shares excellent insights besides market psychology. Supply, demand, different jurisdictions, areas around the world where discoveries are being made, news and deep knowledge of operations by juniors and majors alike, risks to look out for, management, macro views... All manner of useful fundamental information. Back when uranium companies were making their highs, I remember watching an interview where he said that the sector was already pricing in close to $100/lb uranium price. Uranium miners have been bleeding and crabbing ever since. He has been very wrong too though, he has stated that he expects his Russian investments to go to zero -- really didn't think those geopolitical risks would materialize but they did after all. More recently he has shared very valuable information on banking that I used to quickly evaluate the deposit safety of all the banks operating in my country.
>but he views retail as a mark.
I don't think he does. He doesn't really need to. He's mostly in big fat major companies that he has bought a couple years before 2020. Those companies are raking in enormous cash flows and their prices easily eclipse the prices when he bought them. Of course he talks his book but that's a given, and again I'm not listening to him because I want him to tell me what I should buy or sell, and when. And nobody should listen to anybody with that expectation because that is retarded.

The greater the crude draw, the greater the decline in price.
Simple as.

>>54823855
I cannot believe the market is actually treating SPR draws as production. But maybe it really is just a matter of timing with lower demand

>>54823911
Oil stocks are bank stocks.

feeling like stocking up on oil

>>54824029
https://dragonproducts.com/free-frac-sand-infographic/
Please do. Load up on oil. I'll send you the sand

>>54824029
>feeling like stocking up on oil

We're heading into a recession.

>>54824116
We can make a deal. You'll bring on the sand to the Permian, and I'll increase the production over there, and sell the yuge amounts of associated gas to the global LNG markets in a few years once infrastructure is in place. Win-win!

Osisko Gold Royalties has been on a roll recently. Today's Gold Fields/Osisko Mining JV news gave a nice kick to my OR shares too. Feels nice to be able to just sit back and wait for the free revenues. Is this what it's like to be a banker? No wonder the Jews love it kek. It's already my biggest stock position but I honestly wouldn't mind if the price went down so I could buy more. I even sold puts on OR for that very reason.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1158-tsx/eqx/140668-equinox-gold-reports-first-quarter-2023-financial-and-operating-results.html

Equinox still losing money at $1900 gold
>Adjusted net loss of $8.2 million or $0.03 per share(1)(3)

>>54824724
Osisko development also just released a new plan for their Cariboo Gold Project for public viewing.
https://www.projects.eao.gov.bc.ca/p/5d40cc5b4cb2c7001b1336b8/cp/644b136a05ae6a0022c1085a/details;currentPage=1;pageSize=10;sortBy=-datePosted;ms=1683067301998

Unfortunately it looks more and more like Cariboo isnt getting more physical work done in the near future, their focused on permits until projected costs come down.

>>54824786
it'll all happen in time. The good part about owning the royalty company is that the costs are nonexistent, there's no dilution to speak of, and there are multiple projects coming online. Not so sure I would be at peace holding some of the junior Osisko companies when dilution and permitting and development/operating risks persist in earnest... I really made the right decision by going for the royalty company after all. I even get a 5% royalty exposure to Canadian Malartic!

Gold Forum Zürich last month, lots of presentations up here
https://www.europeangoldforum.org/event-schedule/

>>54824763
>>54824847
thanks for the info my Nordic neighbor. I've been meaning to look into Equinox. It's surprising to me that they're losing money considering their current valuation. Maybe they have a development project ongoing or something that will turn the tides

>>54824832
yep the Royalty plan for Osisko makes a lot of sense compared to all their different mining or development projects.

>>54824865
They have a large Canadian project under construction, Hardrock. Looks like a good project. But it's pretty back they can't even make money at current gold prices, their mexican mine has been a disaster in every way. You get a lot of leverage with this name but I wouldn't invest because I don't trust mgmt.

Does anyone else not have the patience for gold & silver miners to 3x / 4x / 5x ?

If the stock market is halfway through its drawdown, this is September 2008 or the middle of 2002. The miners might not top for another 3 fucking years. We need to wait for rate cuts, for unemployment to go north of 5%. It's going to take forever.

>>54825086
I'm not sure if I do have the patience but so far I have done pretty well on that front I would think. I have shifted away from the juniors and into the bigger companies recently, for the most part. At least those don't dilute my anal cavity or go under if we go into a recession for the next two years. And they literally pay me to wait. I also hold cash and save money for more investments so if prices fall then that should be a good thing. If we do get this sort of bear phase I suppose I'll finally find out what kind of investor I really am. It'll be a test of my character

does anyone have a link to that army corp of engineers plan for Pebble that got released recently? I cant find it, their all behind pay walls.

>>54825086
3 years for a 4x sounds good to me, but I think I can do better if gold does very well.

https://www.mrt.com/opinion/article/exxon-pioneer-natural-resources-deal-spell-end-17891149.php

>https://www.accesswire.com/741366/CARBOTRACE-Proppant-Conveyed-Inflow-Production-Tracers-Are-Being-Launched-Globally
From the article
>Tracer-embedded coating for propping materials is one of the key solutions in our technological portfolio. Strategic partnership with Carbo Ceramics is a high recognition of technology capabilities and will allow the technology to reach out to more operators worldwide," said Anna Belova, VP Global Business Development for GEOSPLIT.

>>54827031
I'm irritated with the whole fucking thing honestly.

>>54800758
Is blue lagoon ever gonna go back up? feels like I'm getting duped, they keep drilling and reporting "good news" but all I see is my money being flushed down.

>>54829057
any day now

>>54829113
guess I should just sell while I'm ahead.

>>54829128
I can't tell you what to do, but if I had some I'd probably just hodl at this point. Either you lose everything or you come out ahead. I itemize my taxes though, so a loss is useful every now and then.

>>54827018
you seen that massive fuckoff grade niobium deposit in Australia, WA1.ax? happen to know anything interesting about niobium mining? seems like it's so niche as to be basically an unknown process to 99% of even commodity investors

>>54829128
How could you ‘be ahead’ on that?

>>54827018
This article has the report you're looking for I believe
https://alaskapublic.org/2023/05/02/army-corps-to-revisit-parts-of-pebbles-application-but-opponents-say-mine-cant-move-forward/

>>54829753
The same way that paying 76% premiums on millenial rocks is profitable

wen moon?

>>54820940
>gogold
ho lee fuk

>31.0m of 1,519 g/t silver equivalent

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/644-tsx/ggd/140689-gogold-announces-excellent-drilling-at-los-ricos-south-including-second-best-hole-drilled-to-date.html

it's over

>>54800758
recession edition

>>54806888
>>54806579
What happens when more banks fail? The fed will be forced to pivot.

>>54825086
It's really not going to take that long

RELEASE THE HOUNDS!

>>54829739
no but i ll have a look after work! Neobium is one of those rare earths usually associated with huge copper / moly deposits but i dont think i ve ever heard of it as its own thing in a vein. I ll for sure have a look.
>>54829805
thank you!

Has Powell spoken yet? Probably 25bp hike but still I'd like to watch the FOMC

Also it's quite interesting how quiet it is despite gold running like a madman right now. New nominal $ highs may be only days away and miners are waking up

>>54829057
I'm still holding and added in January. Down 7% currently. Bullish company imo but you do you.

>>54831531
No. No. No. Anon
Don't be a moronic nigger and use any data to make assumptions like I did. It's definitely not the 2/10 inversion tying up capital sending banks scrambling for liquidity.

>>54830624
And they are already producing. Rick rule mentioned them by name and said he had confidence in their ceo.

>>54830624
Rule also gives it a 4 which is one of the higher rankings I've ever seen.

>>54834864
And don't put limits on your trades because the jews will scalp you.

>>54834466
>>54829057
Rana released the bonanza yesterday and I guess everyone was asleep, wake up!

https://bluelagoonresources.com/wp-content/uploads/2023/05/Results-on-Boulder-East-drilling_May-2-2023.pdf

Sold Altiplano at break-even since they took debt.

Bought more Irving where I'm still up a bit but find it cheap. Was hesitant with Summa but went for the cheap value instead while Crescat didn't make an intro for them yet in their show.

>>54835106
Yeah saw it, its just confirmation of what we already know (for now). Exciting part is ahead.

>>54835119
>its just confirmation of what we already know (for now). Exciting part is ahead
>>54833529
https://www.youtube.com/watch?v=T-hWy7EMfzo

https://twitter.com/zerohedge/status/1653821819130880014
>Hike and pause

>FED RAISES BENCHMARK RATE 25 BPS TO 5%-5.25% TARGET RANGE

>FED OMITS PRIOR LANGUAGE THAT SIGNALED MORE HIKES AHEAD

LETS GOOOOOOOOOOOOOOOOOOOO

Source energy services up another 6% today. I should've put everything into sand six months ago. I wasn't nearly as confident about it as I am now. Thankfully, being wrong hasn't destroyed my modest pf much. I couldn't imagine having another zero on it and being this fucking wrong
Live and learn I guess

>>54835532
If SHLE closes above 4.80 I might have to chase it like a little faggot bitch nigger. It's not even fomo coz I've already missed out.

Well done on the massive catch.

>>54835966
I've got a ton of articles and other literature like reports and reports of reports. I'm not shilling anything ever but I'm here to testify that, barring some govt intrusion or other unforseen circumstances, northern white sand is fully consolidated and the losses of frac production by using IBS is hundreds of thousands of burgers per hole. 400 in west Texas alone and they only have IBS.
New pumps are going to capture hydrocarbons on site or very near to us l ss diesel but they'll need more sand.
Horizontal drilling allows up to 20~ holes per site. Exxon had a four mile horizontal hole. As the costs go down for energy, set up time, run time, recovery time; the more sand they'll need.
I have any them to be efficient so they can consume moar NWS

>>54836760
I want them.
Sorry I'm driving

https://rockproducts.com/2015/05/19/frac-sand-sources-in-the-united-states/
Not the newest but it's a good read if you've already done a minimum amount of reading up on fracking at all

https://www.benzinga.com/pressreleases/23/05/32196229/impact-silver-closes-second-tranche-of-non-brokered-private-placement-financing

GoldKINGS... we are literally mooning right now

https://www.forbes.com/sites/ianpalmer/2023/01/30/fracking-fleets-powered-by-associated-gas--results-and-significant-savings-in-the-permian-basin/

https://dnr.wisconsin.gov/topic/EIA/ISMSA.html

https://dnr.wisconsin.gov/topic/Mines/Nonmetallic.html

https://wisconsinsand.org/

https://jpt.spe.org/can-1-5-million-pounds-of-sand-return-without-choking-back-the-well-yes

>>54837838
it's habbening

>>54839476
fugg

>>54839491
literally 20 bucks away from ATH and this general is radio silent. Bullish as fuck

>>54839512
Miners were flat today so that's probably why.

>>54839538
majors been going up nicely the past few weeks though

>>54839577
Aint nobody got time for majors.
Oil down to $66, practically at my $60 target since that was 2022 dollars. The Dane is vindicated yet again. And this recession/depression is just starting.

>>54839597
I see everybody still loves getting diluted up the arse here

>>54839622
I will love it when my juniors moon in appx two more weeks

Goldbros....

OOOOOOOOOOOOOOOOOooo

>>54835106
oh crap i did miss that yesterday, Junior mining networks been going in my spam bin the last few weeks for some reason.
Thats a pretty nice set of intercepts!

>equities crash, PMs crash before shooting up and beyond
>equities crash, PMs immediately shoot up no dip

I CAN'T DECIDE

>>54839676
I'll be buying with my major gains (already am a bit)
>>54839875
just stay long and have cash on the side

Speaking of people here loving dilution, check out Lion One's newest shareholder anal plowing! Hope y'all shareholders left enough cash on your account to buy lube!
https://liononemetals.com/news/news-releases/lion-one-announces-c-27-million-bought-deal-offering-of-units/

So will Biden complete his oil trade now?

>>54840503
Down 18% on that news damn. I remember someone from the general was into that stock.

>>54840503
I can't help but find it funny how according to people here, these companies are always cashed up and would NEVER have to dilute.

>>54840774
Not a single person has said that

>>54840793
>>54840774
Canadians have more words for dilution than Eskimos have for snow.

>>54840793
Ok.

>>54840774
I don't think that's what people are really saying, but there are a couple retards who think buying and holding stock printer juniors for the long term is a good strategy. In truth only a rare few juniors are relatively safe to hold for years on end.
>>54840808
kekked

SUUFF has a lot of legs if you guys are into domestic uranium stocks. I know the CEO is a creepy pajeet but he can afford to pay hundreds of thousands of sexual harassment settlements with the literal mine he’s sitting on

Looking at oil somebody definitely just got liquidated lol

>>54840823
>I don't think that's what people are really saying
not anymore they're not

the people that were saying it either went broke and left or took their losses and stayed.

makes a person wonder what stupid things people are saying right now that they won't be saying in another year?
Stay tuned to find out.

>>54841054
I suppose some people did say that. But I don't remember seeing those kinds of claims often. Rather the "I am an investor and I buy and hold for the long term" fallacy seemed to be more prevalent
>makes a person wonder what stupid things people are saying right now that they won't be saying in another year?
indeed, it's interesting to see how sentiment, price action and changes in the space affect the discourse. People aren't talking about uranium or oil companies much anymore for example. It was quite different a year or two back

>>54840975
Dude wtf happened with oil today? I bought a few OILU on the news.

Snowline starts trading on the TSX-V tomorrow

>>54841107
>the "I am an investor and I buy and hold for the long term" fallacy seemed to be more prevalent
they're related. If a person believes a company won't dilute, they're more likely to believe it's a good long-term hold.

Uranium, oil, and gas all had their day. Nickel too iirc. And salt. The people smart enough to get in were also smart enough to get out.
Other stuff like the gamble on russian stocks right before sanctions was interesting.

problem with the long term investors is they can't be proven wrong. It's always possible the stock or commodity might boom in the future. Unless it goes to 0 but even then as BBBY baggies prove, people will still hope.

>>54841246
I saw that. Fortunate for me as it gives me access to their main listing, may have to do some more DD at some point. Doesn't look expensive at current levels.

>>54841439
One problem though is that it is extremely expensive for them to drill. I saw they budgetted C$800/m for their upcoming program. But they don't need that many meters to show the size of an OP like theirs.

>>54841248
Everyone knows juniors without revenues are going to dilute, how else would they raise money to explore/develop their properties? but you want to avoid the dogs that have to raise cash at a large discount to market ofc.

>>54841107
>It was quite different a year or two back
the other problem here is people mostly talk about stuff after it's already boomed. I've seen a few anons get in early, but most are buying bags after the show is over or barely catching the tail end of a pump. Long term holds avoid that problem, but only if the stock you're holding actually moons, and only if you can sell near the top. Which requires switching strategies right when your original strategy appears to be paying off. It's not an easy thing to do psychologically and I have a fair amount of respect for the handful of anons I've seen here do it. It's not easy to dump a stock when it's finally mooning.

>>54841487
>Everyone knows juniors without revenues are going to dilute, how else would they raise money to explore/develop their properties?
they do now.
>>54841054

>>54841527
They always knew dumbdumb. Haven't seen anyone claim a non revenue generating junior wouldn't have to raise cash to fund operations because all juniors do this and it's the only thing they can do.

>>54841554
>Haven't seen anyone claim
that's because you are very new, and haven't bothered to read archives or pay serious attention when oldfags tell you about the evolution of the thread.

and that's fine. What people used to say and what happened to those people is probably only useful as a cautionary tale.

>>54841577
I've been here almost two years. What you're saying doesn't make any sense at all. Maybe some people have believed there wasn't a need to raise cash within a certain time span, but obviously it's only a matter of time because they generate no revenue. Even low information investors know this.

>>54841608
obviously

you'd probably be quite shocked at some of the stupid shit that used to get said every day here.

even the simple statement you just made would've gotten you chased out of the thread and possibly banned not that long ago.

>>54841608
You shoulda seen the first time BHS diluted on /cmmg/s watch. People were losing their minds. Many of them didn't know that was even possible, let alone likely.
This thread started from square one and learned along the way. Every lesson was a hard one, and lots of them were unnecessary.

>>54841439
Barring WW3 these guys seem to be on a solid path to a monster buyout that could be the biggest since Great Bear

>>54841246
this will be handy i am sure for Snowline, more money means more drilling. If only their properties werent in the middle of nowhere.

That's it, back to the range. Nothing happened. Oil into the sinusoidal pattern.

>>54841741
could be worse

>>54841960
I ll have to see if i can pin point their locations on google earth on a weekend at some point, if there is even a tiny existing road within 20km that saves so much money.

>>54841996
If gold can keep its boner this time financing roads suddenly looks a bit more tempting.

>>54841996
this might help

they're working hard tonight to grind gold down, hope we aren't fucked when London opens

Any thoughts on sprotts thing with paramount?

https://www.globenewswire.com/en/news-release/2023/03/01/2618037/0/en/Paramount-Gold-Nevada-Announces-Term-Sheet-for-Financing-of-up-to-15-Million-With-Sprott.html

https://www.youtube.com/watch?v=o0gJDqG1PNM

>>54842298
Recession talk is getting bigger in the MSM. Gold might hold up. I'm more concerned how it does if/when the actual recession becomes apparent to consumers. If it stays above 2k through a slowdown I think we're looking at the new normal. But that's just a matter of time, if it doesn't hold 2k now it should soon. All the covid inflation is bound to hit gold just like it's hit everything else.

except silver. Silver stays in the gutter I guess.

How it started vs. How it’s going : LIO edition.

>>54842193
now thats not too bad, but thats likely only a winter skid road, not an all season one. Its extremely expensive to build all weather roads in the yukon due to swampy ground conditions.

>>54842406
I would think gold will go down initially in a recession but outperform other sectors. Unless this time is actually different.

>>54842802
yeah, that's what I mean.
if it goes down, but still holds above 2k I'd guess that's the new floor. I dunno though, I can't predict the future.

>>54842455
Sold at .75

>>54840503
I sold at 1.44 while I was still up, I felt something coming and no surprise, big debt and dillution. I swear I've nothing against dillution, it can be solved with share buyback once you're cashflowing hard, but why huge debt are a turn off for me

Might buy again if they clear it. Still a good company with incredible land.

https://twitter.com/disclosetv/status/1653869093223636995
>PacWest Bankcorp plunges over 50% in after-hours trading on reports it weighs "strategic options," including a sale.

Right after our boy Jerome Powell said banks were strong

https://finance.yahoo.com/news/elizabeth-warren-says-u-taxpayers-153902598.html

>>54842820
Basel iii implementation will drive gold up. The paper certs are no longer a tier one asset. This is where it's gonna get interesting

>>54841246
Overvalued.

>>54843611
that's what some were saying about Great Bear at $2 then it went to $30

>>54843702
Idk man. I've done a ton of reading on a hyper specific industry and I'm starting to think nobody knows wtf they're talking about as I'm finding articles and analysis that are both ends of the spectrum. I've read articles about smart sand heading towards insolvency and I think it's one of the most undervalued companies in that sector. Aldous Huxley spoke on this, not the lack of information that would cripple us but the overabundance would make it too difficult to sift thru.

>>54843764
>>54843611

look who was buying Snowline on the open market recently

>>54843764
>>54843611

look who was buying Snowline on the public market recently

>>54843852
Lost...sorry I'm a newb to this stuff

>>54843852
If I owned a bullshit company and was dumb as well then I'd buy my own stock too.

Michael Saylor keeps buying bitcoin. Who cares? The company's over valued and in the middle of nowhere. I don't give a fuck. They can go fuck themselves. I will never buy it.

>>54843702
It's personal for me. Ill never buy it. Don't care if it goes to thirty dollars. I'll invest in shit that actually makes sense thank you.

>>54843915
No worries fren, Morrison was the CFO at Great Bear (big winner) and he's joined Snowline as a director. Morrison bought 150,000 Snowline shares in the public market in March the same way a /cmmg/ bro would.

>>54844004
kek, I get it, I feel the same way about a certain lithium stonk

>>54844029
So before those purchases what does that other shit mean? Earlier that day

>>54843764
Forgot to link article
https://seekingalpha.com/article/4582537-smart-sands-financial-position-is-quickly-deteriorating

>>54844049
I guess you mean where Snowline gave him shares, more here

https://snowlinegold.com/2023/02/22/snowline-gold-appoints-calum-morrison-to-its-board/

Article from less than a year ago. Only one of these companies listed is publicly traded. And one of them withdrew an ipo for 100m. Consolidation for years now

Yall we are getting ready to see some shit. Gary says once ath is broken we can expect bubble phase which will occur over the next year and a half. Gary is expecting to make 20x on his silver leaps. Says 100 silver is a piece of cake.

This is why i stressed the other day we need to get our shit together regarding miners. Even Impact silver is going to be a good investment. We need to get our shit together now.

Gary says we still have 3-5 weeks of possible upwards momentum in gold before a cycle low comes in. Then it should be moonshot after that.

This time is critical. We really need to make sure all of our ducks are in a row.

>>54844119
>The only publicly traded company from above list
I'm buying any company that has 100% ownership of NWS producing properties in a red state in the lower 48 especially in the midwest. Exxon is shopping because they know. Now you know.
Pick a company. Northern white sand.

>>54844126
Not having dry powder ready to buy march-april 2020 was a huge mistake for me. But learning is important and I don't mind doing it. I have cash on deck but idk if I wanna be in miners. Jaded desu

>>54842298
>good morning from London

>>54844095
Sorry I had to ask. I just don't know. I could look it up but that doesn't mean I'll understand.
Danke senpai
>>54844189
>Mfw

>>54844184
Make sure you're stacked in gold and silver physical and then there's silj and gdx for non shitty plays.

>>54844189
London is in in the fraud. It's those LME faggots.

>>54844362
Will do. Looking to move to a state that has made PMs currency again. Or at least untaxed and therefore currency. Been having work issues. I could use a change. Excellent hunting and fishing in Arkansas, Missouri. Buy a boat that don't float. Park it in the shade and smoke chicken

>>54844369
Wait....
Wait...
Are you saying that the largest metals clearing house in that hemisphere is selling bags of rocks in place of futures marked as deliverable?
Why, what sort of person would ever dream of that foolishness?

It's good thing we only have to worry about fake rocks and not fake food stuffs

There was a time in Indiana I believe that a grain deposit scheme became so bad that farmers were returning to the silo because they couldn't take the losses expected from the overinsurance of deposit receipts sold as deliverable futures.
This is how I know not a single niglet here knows a fucking thing about the futures markets or the manipulation involved or how it works to even be useful leverage to achieve a profitable end.

bros what's are some good cheapips I buy for over time? . Okay thanks

>>54844651
Do you like cowboy hats?

>>54844659

When the bell opens SUUFF is gonna explode out the gates today. Imagine owning a monopoly on domestic uranium and not buying because the CEO fondled someone women

>>54845279
>SUUFF
What could possibly go wrong?

new >>54845991