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/biz/ - Business & Finance


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File: 99 KB, 1024x348, High grade Ag Pb Zn Dolly Varden Silver.jpg [View same] [iqdb] [saucenao] [google]
25045969 No.25045969 [Reply] [Original]

Photogenic Ore edition

>Why gold?
https://www.youtube.com/watch?v=i3S4rl6ehiI
https://www.youtube.com/watch?v=gksenA5Al_A
https://www.youtube.com/watch?v=FI7NnOg2rxo

>Bullion dealers
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/
https://silvergoldbull.com/
https://www.goldeneaglecoin.com/

>Constitutional/"junk" silver info
https://jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
http://coinflation.com
http://coinapps.com/

>Compare
https://findbullionprices.com/ (US)
https://eu.compare.pm (EU)

>News
https://kitco.com/
http://silverseek.com/
https://mining.com/

>Bullion tax info by state:
https://apmex.com/state-sales-tax-information

>Prospecting
https://www.youtube.com/watch?v=ZCL6FKQZyoM
https://usgs.gov/energy-and-minerals/mineral-resources-program/science
https://gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Test
Nitric Acid
https://www.youtube.com/watch?v=3mg9YcAShTo
Magnets
https://www.youtube.com/watch?v=NgSXg-WOEVY
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

EU/ENGLAND sources
https://www.chards.co.uk/ [Much cheaper than BullionByPost]
https://goldprice.eu5.net/ [Website to compare gold prices for UK]

Russian/European coins
https://oldsilver.ru/

Relevant information regarding mining companies
https://pastebin.pl/view/fddd4572
Previous thread: >>25028500

>> No.25045988
File: 67 KB, 800x400, fucking bullshit claim.jpg [View same] [iqdb] [saucenao] [google]
25045988

>>25045862
>>25045703

Ok before I go to sleep, thanks for this particular bit of info, I am reporting this kijiji post for fraud. The claim listed does not exist on any bc gov registry.

>> No.25046016

>>25045988
>>25045807
Wow, definitely dodged a bullet there, thanks PM.

As for future claim purchases, I’m located in SW Ontario, but I’m still interested in owning property in BC at some point.

Fell in love when I took a country wide Via Rail trip from Tor-Van, including the beautiful Frazier Valley area, Jasper etc.

I’m a machinist making a steady income at a union shop, but would always be willing to shift gears if the opportunity was lucrative enough.

Have enough funds to purchase a site and procure basic equipment I think!

Give me some areas that you like.. you posted a few on the weekend when discussing the gold rushes IIRC

>> No.25046034 [DELETED] 
File: 979 KB, 2560x5000, ksvgld.png [View same] [iqdb] [saucenao] [google]
25046034

>>25044223

What I recommend, in analysing mining stocks, is to view it as a process of comparison. Go through many different stocks on ceo.ca, take note of their mcaps, and compare those mcaps with one another. Then examine the relation between the stocks according to any of these different tools: P/NAV; P/CF; $/ounce; grade and depth of holes; speculation; history of property; management team; permits; assets; finances; and jurisdictional risk. You will get a sense, over time, for what seems undervalued or overvalued, by constantly asking yourself what one stock has by comparison with another, in view of its current mcap. This is what will uncover opportunities. e. g. It was the permitted mill (extremely valuable asset) and 250 million speculative silver ounces, as against the $10 million mcap ($/ounce), which made me buy KS in September, because, compared with a stock like DSV ($500 million mcap for 500 million proven silver ounces) it was obviously undervalued at only 1/50th the price.
Not every tool is applicable to every situation. IPT, as I say, has a 200 square km piece of land which has produced 1 million ounces a year for the past 500 years. Common sense tells us that silver has to be everywhere, so that, even though e. g. Aya, which has an mcap 2.5x larger, has many “proven” reserves, you might conclude that IPT is better value, especially because it is already producing. Again, permits, assets, and jurisdictional risk can also change everything. As what happened to AMM shows, it doesn't matter how good your deposit is if you can't get permission to mine it. NIM has great value on the basis of having a permitted mill alone, which means that they can certainly produce. And as for jurisdictional risk, if there is political instability in a nation, you are liable to lose everything.
In sum, evaluating mining stocks is a rough science of comparison which makes use of fifty different tools, and, ultimately, your own good sense.

>> No.25046049
File: 979 KB, 2560x5000, ksvgld.png [View same] [iqdb] [saucenao] [google]
25046049

>>25044223

What I recommend, in analysing mining stocks, is to view it as a process of comparison. Go through many different stocks on ceo.ca, take note of their mcaps, and compare those mcaps with one another. Then examine the relation between the stocks according to any of these different tools: P/NAV; P/CF; $/ounce; grade and depth of holes; speculation; history of property; management team; permits; assets; finances; and jurisdictional risk. You will get a sense, over time, for what is undervalued or overvalued, by constantly asking yourself what one stock has by comparison with another, in view of its current mcap. This is what will uncover opportunities. e. g. It was the permitted mill (extremely valuable asset) and 250 million speculative silver ounces, as against the $10 million mcap ($/ounce), which made me buy KS in September, because, compared with a stock like DSV ($500 million mcap for 500 million proven silver ounces) it was obviously undervalued at only 1/50th the price.

Not every tool is applicable to every situation. IPT, as I say, has a 200 square km piece of land which has produced 1 million ounces a year for the past 500 years. Common sense tells us that silver has to be everywhere, so that, even though e. g. Aya, which has an mcap 2.5x larger, has many “proven” reserves, you might conclude that IPT is better value, especially because it is already producing. Again, permits, assets, and jurisdictional risk can also change everything. As what happened to AMM shows, it doesn't matter how good your deposit is if you can't get permission to mine it. NIM has great value on the basis of having a permitted mill alone, which means that they can certainly produce. And as for jurisdictional risk, if there is political instability in a nation, you are liable to lose everything.

In sum, evaluating mining stocks is a rough science of comparison which makes use of fifty different tools, and, ultimately, your own good sense.

>> No.25046082 [DELETED] 

>>25044340

A few months ago I used to say that these were the best four silver stocks: BHS, VGLD, KS, and DV. But two of these are now harder to justify, because KS is presently 4x higher, and VGLD will probably do something similar when it gets unhalted. I still like KS, but I don’t like telling people to buy things which have already run up too much. After Vizsla and Callinex went up 5x, I stopped recommending them completely. If I had to give four small-caps to buy now, they would probably be: BHS, DV, IPT, and BLLG.

>>25044630

The best small-cap silver miners are pretty well known. To learn about most of them, all you have to do is go to the Silver Sitfolio, or look at Don Durrett’s articles (for producers), or Eric Sprott’s portfolio, or browse ceo.ca and look at the history of credible people there. IPT, SVE, and DV are core positions for a silver bull market, and all you really need to succeed. For somewhat more speculative purposes, look into BHS, BLLG, FWZ, IRV, TK, ELO, NIM, CCW, BSR. More speculative still are AZT, VML, AZT, and MTB.

>>25044864

If Kinross trading at a 7 P. E. ratio convinces you that it is undervalued, then don’t let movements in the price shake you out. It is temporary dislocation in the market, and nothing more. All miners are down right now, even many of the best producers. The whole sector is waiting for the next leg up.

>>25045067

Have been saying for some time that Bluestone Resources is now a much better buy than Aurcana for a near-term producer. The market cap is comparable, but look at the results which they have been showing lately (44 oz/t gold, 2,194 g/t silver). It is run by one of the most credible mining families, the Lundin family, and going into production soon. AUN has previously failed to execute their plans, but I trust the Lundins. I also like the fact that Jack Lundin goes on Arcadia Economics and talks to Chris Marcus.

>> No.25046100

>>25044340

A few months ago I used to say that these were the best four silver stocks: BHS, VGLD, KS, and DV. But two of these are now harder to justify, because KS is presently 4x higher, and VGLD will probably do something similar when it gets unhalted. I still like KS, but I don’t like telling people to buy things which have already run up too much. After Vizsla and Callinex went up 5x, I stopped recommending them completely. If I had to give four small-caps to buy now, they would probably be: BHS, DV, IPT, and BLLG.

>>25044630

The best small-cap silver miners are pretty well known. To learn about most of them, all you have to do is go to the Silver Sitfolio, or look at Don Durrett’s articles (for producers), or Eric Sprott’s portfolio, or browse ceo.ca and look at the history of credible people there. IPT, SVE, and DV are core positions for a silver bull market, and all you really need to succeed. For somewhat more speculative purposes, look into BHS, BLLG, FWZ, IRV, TK, ELO, NIM, CCW, BSR. More speculative still are VML, AZT, and MTB.

>>25044864

If Kinross trading at a 7 P. E. ratio convinces you that it is undervalued, then don’t let movements in the price shake you out. It is temporary dislocation in the market, and nothing more. All miners are down right now, even many of the best producers. The whole sector is waiting for the next leg up.

>>25045067

Have been saying for some time that Bluestone Resources is now a much better buy than Aurcana for a near-term producer. The market cap is comparable, but look at the results which they have been showing lately (44 oz/t gold, 2,194 g/t silver). It is run by one of the most credible mining families, the Lundin family, and going into production soon. AUN has previously failed to execute their plans, but I trust the Lundins. I also like the fact that Jack Lundin goes on Arcadia Economics and talks to Chris Marcus.

>> No.25046110
File: 939 KB, 2124x2000, 1222200211.jpg [View same] [iqdb] [saucenao] [google]
25046110

>>25045969
ore for the Man

>> No.25046118

>>25046016
look up how to aquire your free miners license, google is your friend here, I refuse to look at that section of website ever again. You will need a BC business ID which is easy to setup at any government office. Once you have your Free Miners Licence, go onto the Mineral Titles Online website here = https://www.mtonline.gov.bc.ca/mtov/home.do log in and start snooping the provincal map for open ground to stake. There are Youtube tutorials on all the ins and outs, it takes a while to get used to but this is the tool that will allow you to stake ground and control its mineral rights. Understand though as a claim holder you
>hold the claim for 1 year unless you submit assessment work
>you do not own the land its self, just its mineral rights

Do your homework on this, becoming a claim owner is a massive pain in the ass, but the rewards can be so fucking worth it.
I unfortunately need to pass out for now but watch these threads I ll post some tips tomorrow when I can spell properly again.

>> No.25046123

>>25046100
>>25046049
thanks for the input based small caps anon. Did you check Metals Creek Resources ? Why don't you list them in the good small-cap ? Did some dd after someone recommended them yesterday, 6 MC, good property. Seeing you're invested into BHS, its not the risk that stop you, so what's the problem ?

>> No.25046124

>>25045218
Almost all of the necessary info I get from the company's own website. If I feel like there's some more info I need, I can ask people at ceo or send an email to the company's IR. Also I might use other companies' websites if they have assets near a given company's assets, to get a better picture of the area. Stuff like that.

>> No.25046137

>>25046110
o that looks like interesting stuff...

>> No.25046141

>>25046123
Will probably add some more MEK and MTH today. The guy you're responding to probably just hasn't heard of the company, not well marketed

>> No.25046160

>>25046137
Summitville bit, lots of VG at the center of pic. Very fine grains

>> No.25046171

>>25046100
>Bluestone Resources
I haven't seen that name in ages but I thought they were trying to get started on that property in 2020?

>> No.25046180

>>25046160
acid etched or natural sample? I would be diggin that. Ok sleep is in order night all!

>> No.25046205

>>25046180
natural face, highgrade my uncle pocketed
night Pan Man!

>> No.25046211

>>25046100
Appreciate the response. Im putting a lot of effort in this and the guidance is appreciated. I remember you by the way.

>> No.25046229

>>25046118
Lol we should have called the new thread pan man needs to go to bed edition!

>> No.25046231

>>25046123

I try not to spread myself too thinly, and prefer to invest deeply in stocks which I believe in. I had 10% of my portfolio in Klondike, and I am glad that I did that rather than spread it across 60 stocks. I'm sure that Metals Creek is a good stock if Bob Moriarty recommends it.

>> No.25046266

>>25046100
Is blue lagoon different than bluestone or is this a typo?

>> No.25046393

Does anyone think its fishy that Shawn Khunkhun is both the CEO of Dolly Varden and Strike Point gold? Seems like a decent guy but i cant tell if this is weird or not.

>> No.25046398 [DELETED] 

>>25046266

Blue Lagoon: $50 million mcap, run by a charismatic CEO (Rana Vig) with a history of success in running companies, and who is a true precious metals bull. Puts himself out there and markets the company very well. Flagship property is Dome Mountain. $70 million has been invested in the project, but was bought from the two 83-year-old men who owned it previously for only 13.52 million shares at a value of $2 a share. Enormous amounts of gold, silver, copper. (172 g/t gold is the highest result I have seen.) $8 million in cash for drilling. "Has a mining permit in place for 75,000 tonnes a year and a toll milling agreement allowing for milling of 200 TPD or 73,000 tonnes a year."

Bluestone Resources: Near-term producer in Guatemala, $268 mcap (only a little higher than that of AUN). Run by the prestigious Lundin family. Recently drilled 44 oz/t gold, 2,194 g/t silver. "First year of production this will probably produce an ounce of gold for every 1000 shares, and with this gold price, that just might be a dollar of cash flow per share."

>> No.25046420

>>25046266

Blue Lagoon: $50 million mcap, run by a charismatic CEO (Rana Vig) with a history of success in running companies, and who is a true precious metals bull. Puts himself out there and markets the company very well. Flagship property is Dome Mountain. $70 million has been invested in the project, but was bought from the two 83-year-old men who owned it previously for only 13.52 million shares at a value of $2 a share. Enormous amounts of gold, silver, copper. (172 g/t gold is the highest result I have seen.) $8 million in cash for drilling. "Has a mining permit in place for 75,000 tonnes a year and a toll milling agreement allowing for milling of 200 TPD or 73,000 tonnes a year."

Bluestone Resources: Near-term producer in Guatemala, $268 mcap (only a little higher than that of AUN). Run by the prestigious Lundin family. Recently drilled 44 oz/t gold, 2,194 g/t silver. "First year of production this will probably produce an ounce of gold for every 1000 shares, and with this gold price, that just might be a dollar of cash flow per share." ">100 million USD free cash flow in 2023 by some margin."

>> No.25046439

>>25046420
Ill look into blue lagoon. I like it more at the moment.

>> No.25046450

>>25046420
What is BSR's target date for production now?

>> No.25046548

>>25046450

They are on the verge of production, and the Lundins have a history of getting things done, that's all I can say for sure. From website:

https://bluestoneresources.ca/_resources/presentations/corporate-presentation.pdf

"Feasibility study completed"

"Development anticipated to start this year"

"Initiate early works activities Q4 2020 / Q1 2021

Resource estimate update Q1 2021

Operating cash costs $424/oz gold avg, production profile 146,000 oz/yr au avg, estimated mine life 8 years (initial)."

First year of production could pretty much buy the entire market cap.

>> No.25046596

>>25046450
>>25046548

P. S. They did say in July that they were "on track to commence gold production by the end of 2021"--but "on track" is obviously not a definitive statement.

>> No.25046605

>>25046100
>A few months ago I used to say that these were the best four silver stocks: BHS,
fucking KEK. you lost all credibility right there, anon. stop recommending these bottom of the barrel *JUNIOR* junior miners. if you want to get paid just play options on shit with more liquidity like $AG, $PAAS, $GOLD, etc.

>> No.25046745

>>25046605

Not interested in liquidity or massive producers. I am in these mining stocks to make 150x over the next few years, not to dart in and out with little trades. Options have an expiry date, but it doesn't matter to me if a mining stock goes down temporarily. Playing with options on Barrick Gold would not have gone well for you in the same time that I was buying Klondike and Vangold. Barrick plumetted 25% in the middle of September. KS is up 4x, VGLD will soon follow once it gets unhalted, and I expect the market to wake up to Bayhorse soon.

>> No.25046769

>>25046605
He recommended fireweed zinc back about june and they did a 5x. Im not sure about bayhorse but he knows his shit.

>> No.25046813

>>25046745
Do you intend to keep buying in those stocks no matter what the MC become ? I mean, let's say you are not invested in one of them right now. What if gold/silver rush to 2200/35 by febuary and the stock rise as well, would you still stick with them and get a position ? That's what stop me, don't have a position everywhere I wants so I'm kind of trying to adjust my pick every month when one of them rise.

>> No.25046826

>>25046769
Also that blue lagoon company looks like the shit. They have copper gold and silver in huge land packages.

He said dolly varden, impact, and silver one should be core posistions. I think everybody here would agree. He also said bayhorse was speculative...

>> No.25046846

>>25046813
Doesn't matter the paper is worth less and less. More money printing, economy is wrecked state and covid mutations mean we are in uncharted waters, so buying PMs is worthwile.

>> No.25046900 [DELETED] 

>>25046813

On basis relative to everything else, most mining stocks are dirt-cheap. Gold and silver are still vastly undervalued relative to houses and stocks, and mining stocks are still vastly undervalued relative to gold and silver. So in the long term, even somebody who buys KS at this high price is going to make a fortune. But I still prefer to look for mining stocks which are cheap relative to other mining stocks. Only when mining stocks look overvalued as a whole will I exit the sector itself; but that won't be until inflation destroys the dollar.

>> No.25046941

>>25046813

On a basis relative to everything else, most mining stocks are dirt-cheap. Gold and silver are still vastly undervalued when compared to real estate, bonds, and stocks, and mining stocks are still vastly undervalued relative to gold and silver. So in the long term, even somebody who buys KS at this high price is going to make a fortune. But I still prefer to look for mining stocks which are cheap relative to other mining stocks. Only when mining stocks look overvalued as a whole will I exit the sector itself; but that won't be until inflation destroys the dollar.

>>25046769

Fireweed Zinc was only a 2x (100%), although it did get as high as 150%. I still love the stock, and hold a large position in it.

>> No.25047228

>>25046941
Fireweed went from 17 cents around the time you recomended it all the way up to about 80 cents.


Well im heading to bed. I did a shit ton of research tonight. My moves tomorrow will be selling out of viscount. Selling half of my klondike 4k-> 2k. Selling about 35 shares of SGJD. And then I will be looking at buying (but researching heavily) strikepoint gold. Blue lagoon. Eskay mining. First majestic. Kuya (seems over valued)

Im poor as fuck. My portfolio is 13k and im living on a rice budget. I got in a car wreck three years ago and sustained a major traumatic brain injury which wnded any possibility of a career (I have a geology degree). Ive always been interested in natural resources ever since I was 12 and wanted to invest in helium companies once I heard that helium was scarce. Thank you guys for being so awesome. This is literally all I have going for me. Ive always wanted to do this and now im at a point where ive learned so much over the past six months. Ive been commiting several hours a day to this and while i must admit as a whole, ive just broke even on my trades. However im not mad at all because 6 months of investing in this shit show of a market and not losing any money is pretty impressive if you ask me. Especially with the volatility flying around. Heres to making gains this coming year.

>> No.25047333

>>25047228
Hang in there anon. YGMI!

>> No.25047357

Something is going down. How convienient the media is pushing the new covid strain story. Article after article about people selling thier gold for btc.

Im a god fearing man. God literally made gold and silver.

Im throwing every spare penny I have at gold, silver and bitcoin. Great reset could be anything.

Yea solar flare will kill electronics for few years but it would save the environment and death starve out half the population.

>> No.25047464

>>25047228

I am very sorry to hear about what happened to you. I hope that you have the best of success in investing in these stocks. I really do believe that having $13,000 in these stocks today is like investing in Bitcoin in the early days.

I am still holding my Viscount. 5.6 million ounces at 84 g/t silver indicated, 7.1 million ounces at 70 g/t silver inferred, and a historic resource of 64 million ounces at Silver Cliff. Then they also have Cherry Creek in Nevada. Mcap only $35 million, ceo.ca chat almost empty, zero hype or marketing priced in. A lot will obviously depend on drilling results. Don't know much about Kuya Silver, although I hear the name everywhere. I think that they have 8 million ounces of silver, so not sure what justifies the $80 million mcap. I think a lot of it comes from people pricing in the idea of production, but don't know how likely that is to go ahead successfully.

>>25047357

BTC is going to be the greatest rug-pull in history, was always intended as a distraction from gold and silver. If the Asian countries which have the production won't take BTC for payment after the dollar collapses, then BTC has no value, and will sink to zero when priced in gold. They are all hoarding gold in their central banks, so it is obvious what is about to happen.

>> No.25047554

>>25047464
Yep sovereign nations have gold and they keep buying it. NEETs have btc. It really isn't too difficult to see which one will be the new (old) currency after the reset when this FIAT madness has ended and which will go down as a multiyear bubble of epic proportions. All crypto is, is a distraction from real money gold and silver and so that people hoard "assets" that aren't worth anything. They willingly give away any real wealth such as gold, or stocks or real estate to buy their internet meme tokens with 0 intrinsic value. These people will have nothing in the future.

>> No.25047555

Tocvan finishes Phase I drilling
https://ceo.ca/@thenewswire/tocvan-completes-phase-one-drilling-and-provides-update

>> No.25047610
File: 384 KB, 1280x958, A35DC455-85A9-42E1-B9EE-CA08EC032CC5.jpg [View same] [iqdb] [saucenao] [google]
25047610

Post stacks.

>> No.25047630
File: 174 KB, 700x1244, imortan joe.jpg [View same] [iqdb] [saucenao] [google]
25047630

>stimulus approved
>metals dump
Was the game rigged from the start, /biz/?

>> No.25047656
File: 276 KB, 2048x427, 150.jpg [View same] [iqdb] [saucenao] [google]
25047656

>>25047554

The irony of the matter is that the people who are gambling on BTC with the hope of getting rich could really accomplish what they wanted with these mining stocks. One reason why I came here at the start of the year was because I hoped to start a mining-stock craze on 4chan, to replace the crypto-craze. Most people here are libertarian-minded and understand the Great Reset agenda, and are likely to resist its tyranny, and I wish these shares could be in their hands rather than in bankers' hands. People simply don't yet understand the historic fact that these mining stocks have already gone 150x in the past; knowing that, why would a person gamble on crypto when gold and silver are a sure thing.

>> No.25047720
File: 232 KB, 1000x1000, 0507ad60d2f04899abda1cfda53be89426d8e08aaadb519313b0fc61f473d764.jpg [View same] [iqdb] [saucenao] [google]
25047720

Fuck this shit, buttcorn maxis are so fucking dumb. These niggers brainwashed themselves into believing a supra volatile dinoshitcoin with an outdated protocol, coded with the ass, who is fucking literally USELESS and used to be worth $0.001 is the santa claus fabric who can shart out dollars up to the end of times.
And they act so smug about their cretinery, that's the worst part. Back in 2018 at least when their shitcoin was tanking, they were more reasonable in their claims, they could take some perspective and think
>"wow, indeed, wtf am i doing, it's literally digits on a screen, uninsured, backed by 0 entities, and whose exchange's platforms got hacked over and over again, i risk to lose everything at any moment!"

But now they act so fucking cocky, 100% of their wealth is tied to it. While the reasons to be bearish multiplied by 10x, between the IRS and the SEC trying to jail them, the central banks trying to obliterate them to push CBDCs, the hackers being everywhere, the scams projects literally popping up every minute.... They are like those fucking hippie boomers who refuse to acknowledge white genocide, even when they live in a nigger pit, because when they close their eyes they remember their 100% hometown from the 70's they grew in.

FUCK THIS SHIT
WHY HAVE WE TO TOLERATE THESE FUCKING DELUDED IMBECILES WHO LIVE IN A CULT WHERE MAGIC MONEY APPEAR FOREVER ON A SCREEN WITH NO CONSEQUENCES

>> No.25047736

>>25047630

Metals going down today is a temporary dump to set an agenda, usually is. It's the same reason why gold always dumps when there is an FOMC meeting. The authorities don't want the headline to be that gold soared after something which they did. Bitcoin is also useful for masking that, since it can take gold's place in the headlines even when gold is allowed to go up. Hyperinflation is just as much a psychological phenomenon as it is a material one, so the idea of gold going up in response to government policy is very dangerous. For the same reason, the bankers lie that inflation isn't happening, pretend as if it is so low that they actually _want_ inflation, because it takes inflation out of people's minds.

>> No.25047810

>>25047656
>>25047720
Michael Saylor has a solid point, though: should humankind invent another way to extract boomer rocks more efficiently, it might fuck up metals inflation. That can't happen with bitcoin. Personally, I have both in my wallet, the rest is crap. Considering buying some mining ETFs, but you should probably consider that an asset that has been around for 10 years and its now being bought by institutional players might have a serious place in the economy.

>> No.25047819

>>25047656
I hear you. I really hate that btc is trying to compete with the precious metals since it divides the anti-fiat crowd (even though one can actually make a solid case that btc is just another fiat currency but the cultist obviously don't like it). What I hate the most is that btc market cap is roughly 500B. Yearly silver market is roughly 20-30B. Just imagine what would have happened if these shitcoiners had taken the silver pill? There would be no more JPM manipulation. Silver market is so tight that it would appreciate probably more than any of their favorite shitcoins. If only this money that is now soaked up by crypto would go to silver - or hell even a small portion of it. This is why I also feel that the people in power want to shit on PMs and promote cryptocurrency to be able to keep their manipulative PM schemes in place. If there were no crypto and the silver demand rocketed the paper games would be over in a heartbeat. Maybe we should try to shill them silver as a "low market cap gem" or something. I really don't know how the crypto people obsessed with market caps don't see the potential in silver over whatever internet token they are holding.

>> No.25047848

>>25047810
Deflationary currencies can literally never work. BTC is a speculative asset like a stock but without any underlying.

>> No.25047937

>>25047810
I own a small quantity of buttcorn, as an edge against human retardness.
>should humankind invent another way to extract boomer rocks more efficiently, it might fuck up metals inflation
Maybe for some metals but silver is mostly concentrated close to the surface, it's estimated 90% of all silver already have been mined. And inflation is important to correlate with industrial expansion. Hell, as long as mining is rewarded, btc too is an inflationary asset, otherwise there would be no incentive to run it.

>> No.25047954

>>25047656
You definitely started a mining craze in the ones that wanted to listen anon and i personally want to thank you for doing so.

>> No.25048051

>>25047810

After the dollar collapses, most of the institutions which have power in America today will lose it. Without bailouts and Q. E., most stocks (e. g. TSLA) are either collapsing by 90%, or going to zero. They have to do so in order to reach fair value. So institutional investment from the Michael Saylors of the world is, in my opinion, not important. The production is in the East, and the wealth transfer is going to be from West to East once the dollar dies. In a post-fiat world, power will be a result of 1) Production and 2) Savings (i. e. gold). The question has always been, will the Asian countries sell their commodities and goods for Bitcoin, or won't they; and I maintain they won't. BTC is very analogous to the Nasdaq. Both are historic bubbles, both are pumped by the dollar (Q. E. on the one hand, Tether on the other), both intrinsically worthless, both collapsed but were then reflated again by money-printing, both falling apart when the U. S. falls apart.

Most of the major miners are severely depleted in their reserves, and there is a historic shortage of silver, so inflation of metals is not something with which to be concerned.

>>25047819

BTC, in my opinion, is fiat by definition. Fiat = Latin for "Let it be so." Anything which is not redeemable into something of economic value, is wished into existence by decree. Bitcoin has no economic value, nor is it redeemable for anything which does have it (like Kinesis), so it really is a case of, "Fiat."

I feel deeply disappointed in people like Max Keiser who changed their allegiance to Bitcoin so readily. He used to have a campaign "Bankrupt J. P. Morgan," where he was encouraging people to buy silver ounces as often as they could in order to bankrupt the COMEX. Ran away to BTC as soon as the price started going up.

I doubt 1 in 100 crypto people even know that we already have gold-backed cryptos like Kinesis, which do everything which Bitcoin is supposed to do, except they do it 100x better.

>> No.25048052

>>25047819
>This is why I also feel that the people in power want to shit on PMs and promote cryptocurrency to be able to keep their manipulative PM schemes in place
Personally i'm 100% convinced the whole crypto ponzi have been shilled by banksters to divert normies from real wealth.

Who is controlling the world and have all powers?
Central banks.
How much of the world's gold bullion do central bankers own?
75%
How many buttcorns do central bankers own? Literally fucking 0.

Because they don't give a single FUCK about this retarded shit.

>> No.25048149

>>25048051
very based and big brain pilled

>> No.25048248

>>25045969
I have 50% of my net worth in precious metals. Is it too much?

>> No.25048289

>>25048051
>BTC in my opinion is fiat by definition
Yes I definitely agree. I like to use the "wikipedia" definition that anything which has no intrinsic use value derives its value from trust and this characteristic "requiring trust" defines a fiat currency. BTC has no intrinsic use value so despite its hard cap of 21 million tokens it is a fiat currency nonetheless. And let's not get into if this hard cap is actually doable to secure the chain its quite obvious that it is not possible but since the cap is reached only in 2100 or something the btc crowd does not care.

>Deeply disappointed in Max Keiser who changed to bitcoin
I have to admit that I am semi-noob in the PM scene and only found PMs as an asset class this year and so consequently all I've ever seen from Keiser is endless BTC shilling and really he is like a priest in a cult. It's actually insane to watch him preach btc like the white paper is the fucking bible and satoshi (which definitely is not adam back) is like Christ himself. Also he doesn't seem to care that the bitcoin core (btc today) is nothing like what was described in the white paper. So I didn't know that Keiser had that past. Really sad to hear this.

>>25048052
I agree 100% percent.

>> No.25048382

I am a newfag to /biz/ but the writing is on the wall and i’d like to make it through better off, if only the bank would hurry the fuck up with my loan so i can start stacking silver. I disagree with the above posters, e-currency/crypto is the future of all transactions and the only reason im not going to long btc is because it'll be useless in the upcoming chaos. You cant eat 1’s and 0’s after all.

>> No.25048409

AUMN begins mining at Rodeo. Funny we just talked about this!
https://ceo.ca/@nasdaq/golden-minerals-begins-mining-at-rodeo-gold-project

>> No.25048427

>>25048289

Many BTC maximalists come across as moonboy cultists at best, and cruel, dishonest bullies at worst. BTC today is based upon lies and censorship and covering up the past. I feel sympathetic with Roger Ver and the Bitcoin Cash people. I think that their hearts are in the right place. Anybody who attacks BCH (as Keiser does) and makes light of the historic conflicts of Bitcoin is immediately suspect to me. Mike Hearn, Gavin Andresen, all those developers who were exiled from BTC were good people, trying to do the right thing. I only wish the BCH people would realize that Kinesis already does everything which they want BCH to do. Banking the unbanked, transactions at all hours, trustlessness, low fees. Large blocks would eventually lead to so much centralization in the miners that there is no reason not to have gold-backed cryptocurrencies which store the gold in vaults. That is no more centralized than what BCH would become.

>>25047954

Thank you very much.

>> No.25048480
File: 75 KB, 500x500, 1522371337306.jpg [View same] [iqdb] [saucenao] [google]
25048480

>>25047464
I see thank you, I guess I will just stick to my PF and buy whenever a dip present itself no matter the market cap. Last question, what's your opinion on this, any change needed ?
>Impact Silver - Mexico - 130 MC silver/lead/zinc/copper/gold producer
>Dolly Varden - Canada - 96 MC gold/silver/copper explorer
>Bluestone Resources - Guatemala - 268 MC - gold near term producer
-----
>Canada silver cobalt - Canada - 58 MC silver/cobalt/nickel/gold/copper explorer
>Blue Lagoon Resources - Canada - 47 MC - silver explorer
>Fireweed Zinc - Canada - 53 MC - silver/lead/zinc explorer
>Irving Resources - Japan - 126 MC - copper(Tanzania)/REE(Malawi)/gold-silver(Japan)
-----
>Vangold - Mexico - 30 MC gold/silver explorer
>Nicola Mining - Canada - 28 MC - gold/silver/copper explorer
>Metals Creek Resources - Canada - 6 MC gold explorer
Thanks

>> No.25048507

>>25048427
Its amazing how you crypto shills always assume people dont notice. Go jump off a bridge and drown you hydrokinetic cripple nigger.

>> No.25048544

>>25048480
>tfw I contributed to this folio
I feel so happy. Metals Creek, ho! Will add a few thousand shares today

>> No.25048563

>>25048507
Don't mean to white knight but dude did you read more than the first 2 words? He is not shilling crypto he is based miner anon.

>> No.25048580 [DELETED] 

>>25048480

Always have to be careful when changing stocks, because you clip away your winnings on the fees and the bid-ask spreads every time you do so. Every stock in your list except MEK is a core position of mine, so can't find any fault with it. I don't know anything about Metals Creek, but I do know that I trust Bob Moriarty. If I did own it, I'd throw only a small amount of money into it. I'd treat it like other very low-cap explorers like First Energy Metals, Black Tusk, or Genesis Metals. I was only willing to put so much money in KS because it was a historic silver property and had the mill as an asset.

>> No.25048615

>>25048480

Always have to be careful when changing stocks, because you clip away your winnings on the fees and the bid-ask spreads every time you do so. Every stock in your list except MEK is a core position of mine, so can't find any fault with it. I don't know anything about Metals Creek, but I do know that I trust Bob Moriarty. If I did own it, I'd throw only a small amount of money into it. I'd treat it like other very low-cap explorers like First Energy Metals, Black Tusk, or Genesis Metals. I was only willing to put so much money in KS because it was a historic silver property and had the mill as an asset.

>>25048507

I own literally no cryptocurrency. Don't even have a Kinesis account, I simply like the project and like Andrew Maguire. Almost all my net-worth is in mining stocks.

>> No.25048692

>>25048615
Whatever fag, it just pissed me off because every post was kinesis this kinesis that, even this post you used his name. You are a nigger and i hate you, end of discussion.

>> No.25048858

>>25048692

You couldn't get a more respected person in PMs than Andrew Maguire. He was the most important figure in exposing PM manipulation, and convinced Bart Chilton of it just before Chilton died.

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

Kinesis doesn't do anything which any other company couldn't do also. It's simply gold and silver on the Blockchain. I only mention it as a proof that gold and silver can do what the "fiat" cryptocurrencies are supposed to do. One of the most common arguments for Bitcoin is that "You can't transfer gold digitally," which is completely false.

>> No.25049376
File: 878 KB, 820x1160, coinggirl.png [View same] [iqdb] [saucenao] [google]
25049376

>>25048480
No AUN.... wtf anon... under 1$ is still a massive bargain

>> No.25049377

>>25048544
CHANGE OF FUCKING PLANS
https://ceo.ca/@accesswire/spruce-ridge-intersects-272-metres-of-802-copper

WHAT THE FUCK

>> No.25049402

Should I spend my 600 Trump Bux all on silver?

>> No.25049596

>>25049376
Have to make choice anon, can't invest into everything. 10 silver/gold position is the max I can afford. I will need probably until May to take position in these 10 stock, poor wageslave.

>> No.25049743
File: 1.16 MB, 1302x1842, coingirlasahi.jpg [View same] [iqdb] [saucenao] [google]
25049743

>>25049596
Wouldn't worry too much about it, rest is pretty solid.

mandatory AURCANA GOOD!

>> No.25049751

Mountain Boy Minerals Adds Theia Project in The Golden Triangle

https://ceo.ca/@thenewswire/mountain-boy-minerals-adds-theia-project-in-the-golden

"Theia is Mountain Boy’s fifth project in the Golden Triangle. It adds another 9,028 hectares, bringing the total Golden Triangle holdings to 36,186 hectares (361 square kilometers)... The past producing Dolly Varden silver camp is located 12 km to the south of Theia."

At 361 square km, MTB is now 1.5x larger than Impact Silver. Also 4x larger than Dolly Varden. MTB mcap $22 million, DV mcap $100 million.

Also released just now by Aztec Minerals:

"Aztec Reports Final Phase 1 Drill Results for Tombstone Project in Southeastern Arizona, Intersects 6.36 gpt Gold Equivalent over 7.62 m and 0.62 gpt Gold Equivalent over 140.21m"

https://ceo.ca/@accesswire/aztec-reports-final-phase-1-drill-results-for-tombstone

>> No.25049794

>>25049743
I will consider aurcana around June when I took position everywhere. Thing is I hate taking position after something run up and its pretty clear PM will moon by this summer. Some position I will take in May will have already 2x. AUN is still on my watch-list, will see how it goes.

>> No.25049873

>>25049751
>At 361 square km, MTB is now 1.5x larger than Impact Silver. Also 4x larger than Dolly Varden. MTB mcap $22 million, DV mcap $100 million.
At this point I might just replace DV by MTB. The only thing DV has over MTB is proven resources and past mine. The first drill result they get will spark a moon movement.

>> No.25049915

>>25049596
Got on my computer now, have to do some proper DD on this shit.

Anon you better look at this >>25049377 before it blasts off. This is amazing. DYODD of course but my MEK addition will have to wait.

>> No.25050009

>>25047630
>metals dump (spot price)
>actual price doesnt move
Metals are divinely protected, metals hardly dip ever

>> No.25050062

>>25049873

Think I can see a pattern to Sprott's investments in many of his stocks. MTB reminds me of another stock of his, GIS (Genesis Metals), mcap is only $12 million but they have 275 square km in Quebec and (just like MTB) an excellent management team. Sprott seems to like getting in early and buying enormous packages of land in places which are historically known for gold and silver, knowing what has to be in the ground, even if it hasn't been proved yet. Almost none of the potential is priced into the share price, so he pays dirt cheap for all the metals which will inevitably be found.

>> No.25050132

Welcome back, silver miner anon. Glad to see you posting again. I would like to know your thoughts on Silver Sands Resources. Thanks.

>> No.25050167

>>25050132
Oh, and also your thoughts on CCW. A lot of people are souring on them due to what they feel is poor management.

>> No.25050281

>>25046100
Alright, rotating some of my Klondike into Butthorse. I'm going to regret this aren't I

>> No.25050367

>>25050132

Amusingly enough, Silver Sands seems to fit in with the pattern which was just mentioned here. >>25050062 Sprott owns 14% of the shares, mcap is $14 million, but the land package is 600 square km, which is truly enormous. It is also supposed to have 12 million ounces of silver. Only trouble is that the company is located in Argentina, which I always stay away from. I presume that that is why the share price is so low. Remarkable that Kuya Silver is 8x more expensive even though it only has 8 million ounces.

>>25050167

CCW is one of my largest positions. Highest silver grades in the world, all that needs to be known about it really. 250 ounces per ton grade. All the whining on the ceo.ca chat is irrelevant. The fact the stock is so hated only makes me want to own it more. People don't hate a stock that much unless they are secretly in love with it. The cobalt alone would make them soar if they got a government grant to produce it, as in the case of FCC.

This is what @mackvorkian has to say, who made 10x on Spanish Mountain Gold:

"Lots of cash in the till. 13,000 meters drilled. 37,000 to go with 2 drills turning. A relatively unexplored area. They are looking for high grade veins and they will find them. 1 Billion oz of Silver mined in the area and 70 million mined on this property. The company has purchased mining equipment but permitting is slow. These guys own a lab and a contractor will run it starting January. Right now, the goal is to hit some enormous oz per tonne ore and bring it to the market. They want to know where to build the ramp. When they hit it, and they will, they will show us the pictures. When you hit 250 oz a tonne Silver, its easy to see. The CEO and his family own a lot of shares.

...

There is absolutely huge potential in this company. Grades like you will not see elsewhere. When my $GQC gets the permit and I get a qwik triple, I will use the funds to buy lots more CCW."

>> No.25050384

>>25047630
EOY tax sell off. Everything is going to dump until next year.

>> No.25050467
File: 42 KB, 785x515, feaw.png [View same] [iqdb] [saucenao] [google]
25050467

Should I do it?

>> No.25050530

>>25050367
I could argue with your opinion on CCW due to the high risk of the Castle project but I'll agree to disagree. GL anon.

>> No.25050596 [DELETED] 
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25050596

>>25050167

This is an example of the manner in which people fud the stock on ceo.ca to get shares. Be careful with what you read there. Good luck to you also.

>> No.25050626
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25050626

>>25050530

This is an example of the manner in which people fud the stock on ceo.ca to get shares. Be careful with what you read there. Good luck to you also.

>> No.25050655

>>25050626
Yeah FUD is always just noise, ignoring it is the smart thing to do.

>> No.25050996

>>25050467
That is a good use for the stimulus check.

>> No.25051058

>>25050467
if youre looking to add poured silver, there ya go

>> No.25051125

>>25047656
Are you the anon that was relentlessly posting the silver general threads back in January and February? If so I thank you from the bottom of my heart

>> No.25051342

>>25051125
>not recognizing based silver small-caps anon posting style
ngmi. His style is always the same, trustworthy anon.

>> No.25051368

>>25046420
a poo who made his money in cannabis seems like a red flag

https://www.youtube.com/watch?v=GhAoaa1PV14&feature=youtu.be

>> No.25051532

>>25050367
Thank you. They’re even fud-ing Dolly Varden now. There was a post yesterday about how the estimated silver ounces at one of their flagship properties dropped by 8 million and the estimated silver quality dropped by 1/3. Did you see that?

>> No.25051613

>>25050384
Please be true! Don't lie to me anon!

>> No.25051698

>>25047819
most of these bitcoiners and shitcoiners are 20 years old and they live in tiny studio apartments with five roommates. they wouldn't have anywhere to put their silver.

>> No.25051805

>>25048248
depends on what your net worth is. if your a worthless little wagies who ain't worth shit then it might be too little.

>> No.25051852

its over

>> No.25051960

>>25051613
Everyone already did that

>> No.25051994 [DELETED] 

>>25050281

Bob Moriarty himself, two minutes ago, in the Bayhorse Silver chat:

"@fingerprint42 | Danny: You asked if I still liked BHS. I love it and own a boatload. I have a large position"

He was buying at 0.14 CAD in late 2018, when silver was only $15. Silver is $28 today, and the stock is so oversold that it stands at 0.10 CAD.

http://www.321gold.com/editorials/moriarty/moriarty092518.html

>>25051125

Thank you very much.

>>25051532

Dolly Varden is pretty much the safest call option on silver I know, so just goes to show that people will fud anything. They have so much money in the bank, and 100% ownership over 88 square km of such historically important ground that I don't worry about them for a moment.

>> No.25052036

>>25050281

Bob Moriarty himself, two minutes ago, in the Bayhorse Silver chat:

"@fingerprint42 | Danny: You asked if I still liked BHS. I love it and own a boatload. I have a large position"

He was buying at 0.14 CAD in late 2018, when silver was only $15. Silver is $26 today, and the stock is so oversold that it stands at 0.10 CAD. Can't think of a better silver buying opportunity than this.

http://www.321gold.com/editorials/moriarty/moriarty092518.html

>>25051125

Thank you very much.

>>25051532

Dolly Varden is pretty much the safest call option on silver I know, so just goes to show that people will fud anything. They have so much money in the bank, and 100% ownership over 88 square km of such historically important ground that I don't worry about them for a moment. Proven reserves or not.

>> No.25052069

>>25051994
Both Klondike and Bayhorse are going the opposite direction from my ask and bid, looks like they won't be filled today
If that happens I'll just throw in some into Bayhorse without selling Klondike

>> No.25052162

>>25052036
Arent you interested in Uranium stocks ? Or going all in on PM ? I've read that uranium will give you better gain on a buy&hold strategy in the long run.

>> No.25052223

>>25049751
>Aztec Minerals
nice to see Aztec up 4% today on the news, hope it continues

>> No.25052377

>>25052036
Thank you for this information. What are your thoughts on Bear Creek Mining. Apparently share dilution could be on the way and there is poor insider buying. I’m thinking of exiting my position because of those things and also the relatively large market cap

>> No.25052389

>OH NO everything is going to shit! Sell gold! Sell silver! Sell the Dow! Fly to safety! Buy dollars! Buy Bitcoin! Buy the Nasdaq!

>> No.25052750

>>25052377

I see that people on ceo.ca are unhappy that there is relentless insider selling in BCM. That would make me unhappy also. Taylor Dart wrote one of his usual hit-pieces on it in November, don't know what's in it because I don't subscribe to SeekingAlpha. There are political problems in Peru at the moment. IKNBLM also implies that the company has a bad relationship with the locals, although he is often malicious, so have to take anything he says with a grain of salt.

https://iknnews.com/a-question-for-tony-hawkshaw-of-bear-creek-mining-bcm-v/

On the other hand, Don Durrett was still endorsing Bear Creek Mining in August and September, and most recently again in December. He still says that he has enormous upside (see here https://twitter.com/DonDurrett/status/1334298372753162241).). He endorsed buying it at $2.20 USD in Jan., and it's still only $2.40 USD. This was his thesis:

https://seekingalpha.com/article/4315151-10-best-silver-mining-stocks-for-2020

"It is very large with 300 million oz. (50 gpt). The problem is that the low grade has made it marginally economic at $17 silver, with an after-tax IRR of 15%. I prefer an IRR above 25%, but the large potential cash flow at higher silver prices makes it compelling.

The first 5 years will produce 13 million oz. of silver, dropping to 8 to 10 million oz. for the next 17 years. That's a lot of silver production and I'm sure they will be an acquisition target at higher silver prices. I just hope they don't sellout shareholders and accept a low-premium offer.

The project is permitted and shovel ready. All they need is financing, which won't be easy to obtain at $17 silver. They might have to wait until $19 or $20 silver. They don't have any debt, so they can wait."

>>25052162

I'm almost 100% in silver junior miners. Don't see the need to diversify into anything else. I am 100% confident in the silver investment thesis, and that it will make a fortune. About uranium I'm not 100% sure.

>> No.25052752

>>25045969
Nostacks here. I've gotten a much better return on ammo.

>> No.25052868

>eskay mining
Now I don't want to sell because SOMEONE is going to buy them out with those results.

>> No.25052926

>>25052868
>checks it
>what the fuck up 30%
>see drilling results
>great results, not jawdropping
wtf? Why? Bit of a market overreaction?

>> No.25052965

>>25052750
Yes I’m skeptical of Bear Creek and fear that my dollars would be better spent on a smaller cap miner with better insider support. But the resource sounds enormous.

Does a Biden administration, vs another four years of Trump, affect the value proposition of the mining industry at all in your opinion? I would guess that Biden’s love for solar power would make silver miners even more appealing.

>> No.25052969

>>25052926
Definitely. Volume was low. They just have so many neighbors that will want to keep the growth thesis going by buying them out.

>> No.25053041

>>25052969
If I was the one buying I'd want the shares to go down a bit though, we're talking about saving money in millions. Though I'm not very knowledgeable of acquisitions

>> No.25053054

>>25052965

If Biden did actually get in, it would be the most bullish case for silver imaginable, both because of the green fraud nonsense and the enormous quantities of money-printing. But I don't know if American patriots will actually allow that to happen. A lot of people are still talking about rebellion, or hoping that Trump invokes the insurrection act.

>> No.25053063

>>25052926
"Although TV and Jeff are nearly 2 km apart, we see growing evidence these systems are connected and lie within a 6 km long highly prospective corridor of electrically conductive geophysical anomalies thought to be associated with sulphide mineralization"

>> No.25053066
File: 305 KB, 1080x2400, Screenshot_20201222-102155_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
25053066

LETS GO CLF 14

>> No.25053098

>>25053063
Ah. Alright, makes sense. Still, big pumps like this usually come from significantly updated resource estimates or something of that caliber

>> No.25053168

>>25053054
lol the cope

>> No.25053202

How much gold would I need to dab on you people?

>> No.25053209
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25053209

>>25052069
Yep looks like Klondike is correcting today, no longer selling today

>> No.25053248 [DELETED] 

>>25053168

I'm English, not American, so I'm simply observing what people are writing online from afar.

>> No.25053259

>>25053054
Boomers print, irrespective of party. Thinking one Boomer might print slightly less is playing the banker's game.

>> No.25053345

>>25053168

I'm English, not American, so I'm simply observing what people are writing online from afar.

>>25053259

The system is going to collapse within a few months to a few years, regardless of who is in power, no question about that.

>> No.25053896

>>25053054
>If Biden did actually get in, it would be the most bullish case for silver imaginable, both because of the green fraud nonsense and the enormous quantities of money-printing

Greetings most based of anons, thanks for helping me out in prior months.

Maybe my brain is warped from spending too much time in the schizo side of the internet, but my instincts tell me Trump has his parallel/redundant military assets and military intelligence positioned for a Rubicon crossing, they just had to play by the "rules" and exhaust the more palatable options first for muh optics. If it were anyone else I'd agree that it's over, and maybe it is for him too, but Trump is up to something and can still cause lots of chaos and damage to the establishment as well as the stock market on the way out.

I wonder if I should cash out of half of my mining stock positions now and wait for a dip/crash to buy back cheaper, or would a Trumpian happening coincide with internet/comms being shut down preventing trading for a while? I'm spooked and dunno what to do, just HODL so I don't get burned by trying to fancy-dance around a black swan, or do you have any thoughts or strategy in mind about this?

>> No.25054005

>>25053896
>rubicon poster
You have been posting this nonsense for weeks
Almost as obnoxious schizo FUD as the shitcoiners.

>> No.25054259
File: 34 KB, 656x148, Screen Shot 2020-12-22 at 11.01.58 AM.png [View same] [iqdb] [saucenao] [google]
25054259

jesus

>> No.25054384

>>25053896
Hasn’t Alesadier MacLeod (spelling?) been saying that a market crash is imminent, as in literally in the next few months? And David Hunter is calling for an 80% correction in q2 2021. I think it’s on the immediate horizon.

>> No.25054412

>>25054005
>schizo FUD

Yeah I feel pretty unstable, but can't shake the feeling. I was freaking out about the inevitable March flash crash starting the day Wuhan was quarantined 2 months earlier and I'm sure you would have called me schizo then in January too. I was right then and have the same sort of feeling now. I'm definitely bullish on PMs and miners but doubt it's gonna be a smooth linear ride. Sorry for the short-term FUD but it's sincere tinfoil.

>> No.25054433

>>25053896

I still don't know what to think about Trump, even after all this time. He often seems sincere, and he says many things that are right, and yet he also disappoints me in so many ways that I simply can't know what to make of the man. If he is on our side, then I don't understand (as Peter Schiff says) why he has been promoting the stock-market bubble, and pretending as if the economy has been all right for four years in a row--"owning it," as he does. He questions the coronavirus lockdowns, but then does everything in his power to promote the vaccine--see what Michael Yeadon has to say about that. The Qanon types think that Trump is going to save everybody, but Gregory Mannarino says that both parties are the same, and that Trump is simply an actor. People often forget that there was an enormous underground "New Right" movement long before Trump came along. Alex Jones was everywhere on Youtube, and he used to have Peter Schiff and Nigel Farage and people like that on his show on a regular basis. It was the age of 9/11 truth, and opposing the Iraq/Afghanistan/Libya/Syria invasions, and the draconian "terrorism" legislation which was coming out every day, and left-wing madness. Everybody endorsed Trump because there was an idea in the air that he was secretly "one of us," the sound-money, pro-liberty, anti-mass-immigration, anti-warmonger, anti-degeneracy, so-called "conspiracy theorist" crowd who were all over the internet, 4chan and ZeroHedge and Youtube. He kept saying the unthinkable--what no other politician would say, and yet what we were all saying ourselves. I really do have absolutely no idea what is going to happen by Election Day. The optimistic part of me wants to believe that Trump will take the mask off and save the day, but the pessimistic part of me has learned to be disappointed in everything.

>> No.25054683

>>25054259
Brutal. Hope you have hands of silver.

>> No.25054699
File: 73 KB, 555x600, 1579534144280.jpg [View same] [iqdb] [saucenao] [google]
25054699

>>25053896
>>If Biden did actually get in, it would be the most bullish case for silver imaginable, both because of the green fraud nonsense and the enormous quantities of money-printing
>Greetings most based of anons, thanks for helping me out in prior months.
>Maybe my brain is warped from spending too much time in the schizo side of the internet, but my instincts tell me Trump has his parallel/redundant military assets and military intelligence positioned for a Rubicon crossing, they just had to play by the "rules" and exhaust the more palatable options first for muh optics. If it were anyone else I'd agree that it's over, and maybe it is for him too, but Trump is up to something and can still cause lots of chaos and damage to the establishment as well as the stock market on the way out.
>I wonder if I should cash out of half of my mining stock positions now and wait for a dip/crash to buy back cheaper, or would a Trumpian happening coincide with internet/comms being shut down preventing trading for a while? I'm spooked and dunno what to do, just HODL so I don't get burned by trying to fancy-dance around a black swan, or do you have any thoughts or strategy in mind about this?
I am half cash in all of my retirement accounts and cashed out my margin account earlier this month.

With the market crabbing now I don't think the gains of being 100% invested is worth it the risk of a rubicon crossing.

>> No.25054718

>>25054433
Trump is not on our side. People who are genuinely populist are not allowed to succeed in politics or to step foot in the oval office. We all saw what happened to the last true populist on live TV decades ago.

>> No.25054757

>>25054433

By the way, just realized that I should have written "Inauguration Day," not "Election Day."

>> No.25054786
File: 27 KB, 632x457, nice.png [View same] [iqdb] [saucenao] [google]
25054786

>>25052750
Rate my portfolio silver miner anon

>> No.25054841
File: 29 KB, 430x650, 1601622158614.jpg [View same] [iqdb] [saucenao] [google]
25054841

Seriously guys, wtf is wrong with barrick?
Why is this shit constantly bleeding cash like an emophiliac nigger?
No matter if gold is up or down, barrick always go down!
I want to sell so bad you wouldn't believe, but i'm so far down in the red i refuse to face such a loss when everything else is up. I'm seething so god damn hard bros....

>> No.25054955
File: 26 KB, 598x574, 677.jpg [View same] [iqdb] [saucenao] [google]
25054955

MFW cheapies incoming

>> No.25054996

>>25054718

I think that a lot of people got their hopes up when Donald Trump went on Alex Jones's show once, and when he retweeted the Trump Pepe. Quite pitiful to feed on those kinds of table scraps, but there was a sense that the system was going to collapse imminently anyway, and Trump was pretty much the last hope for a peaceful resolution. "It's Happening" has become a common meme now, but people tend to forget that it dates from from 2012, when people on /new/ were convinced that the system wouldn't survive even until 2016 if Ron Paul didn't get in.

>> No.25055034
File: 8 KB, 629x58, SCTSF.jpg [View same] [iqdb] [saucenao] [google]
25055034

just bought some Scottie, might have overpaid a little, but with drilling results coming soon wanted to get this done

>> No.25055038

>>25054841
stop watching your balance for no reason if you don't believe in the thesis. Its a fucking major, why do you care if it goes up or down.

>> No.25055056
File: 53 KB, 1392x226, Screen Shot 2020-12-21 at 12.18.42 AM.png [View same] [iqdb] [saucenao] [google]
25055056

what are the top 3 juniors i should buy right now? I already own everything on the picrel

>> No.25055097

>>25054384
Yes, I respect Alasdair more but both are far more knowledgeable, older and more experienced than I.

>>25054433
Ok thanks for your thoughts, which essentially parallel my own maddening uncertainty. The dies will be cast soon enough either way so I'll stop shitting up the general.

>>25054699
Half cash sounds good to me too given the present risks, thanks for your input (again?) I hope you score many glorious cheapies.

>> No.25055113

>>25055056
read this thread and the one just before.

>> No.25055280

>>25055056

Nicola Mining is really cheap. Discussed it with Pan Man in a couple of earlier posts. >>25043715 >>25043936 You get a fully permitted mill, an excellent gold property, an excellent silver property, and the highest-grade copper mine in North American history, in a safe jurisdiction, for a $26 million mcap. I also like BHS, which is severely oversold, although it isn't down today.

>>25054786

I don't own any of these stocks, but I am sure that all of them will do well in a silver bull market. Only one I'd be particularly cautious of is Abraplata, because it is in Argentina, but Eric Sprott owns it, so apparently doesn't see that as a sufficient risk to sell.

>> No.25055336

>>25054996
9 years later here we are. Only takes a few 9yr slips with no happening before you didn’t live to see one

>> No.25056124
File: 99 KB, 720x720, 1576290669861.jpg [View same] [iqdb] [saucenao] [google]
25056124

kek, it's even happening in minecraft

>>25056054

>> No.25056149

Alright boys. I've got $1200 in front of me. Do I buy the dip today, or do I wait. If I don't today I won't be able to make it to the lcs until Friday.

>> No.25056263

>>25056149
today is the dip

>> No.25056710

>>25047630
>silver goes down $1 from yesterday
>OH MY GOD GUYS METALS ARE DUMPING HARD IN THE RED IM LITERALLY FINANCIALLY RUINED
Ironically /pmg/ is just as irrational when it comes to finances as the rest of the board

>> No.25056930
File: 45 KB, 1124x146, Screen Shot 2020-12-22 at 12.20.49 PM.png [View same] [iqdb] [saucenao] [google]
25056930

>>25055113
>>25055280

picked up a few shares

>> No.25057270

>>25055280
Didn’t you say a few months back that some billionaire has most of his net worth in literally a half dozen mining stocks?

>> No.25057413
File: 159 KB, 1720x861, bayhorse.jpg [View same] [iqdb] [saucenao] [google]
25057413

pmg will be crazy on the day of the Bayhorse moon shot

>> No.25057607

>>25057270
That’s Eric Sprott, and it’s more like two dozen than half a dozen

>> No.25057621

>>25056710
Technically very bearish if we retest the lows.

>> No.25057629
File: 268 KB, 1917x862, Sprott.png [View same] [iqdb] [saucenao] [google]
25057629

>>25057270
here's his folio

>> No.25057646

>>25057607
Which 6?

>> No.25057696

>>25057270

I said that Sprott tends to invest deeply in about 15-20 core positions, and that people should do the same instead of spreading themselves extremely thin. I also pointed out a few months ago that four billionaires (Ross Beattie, Tom Kaplan, Eric Sprott, and Ricardo Salinas Pliego) have 90% of their net-worth in precious metals mining stocks. You may be thinking of either one or both of those points.

>>25057629

You can see here that Sprott only has e. g. $60,000 in something like Genesis Metals, but in a core position like Silver One or Dolly Varden he has $15 million.

>> No.25057748

>>25057629
Damn. He owns 48.9% of Jaguar

>> No.25057866

>>25057696
It wasn’t Sprott, it was another one of those billionaires I think. But the point is that it doesn’t seem like owning dozens of miners is the best play. I think that’s a risk-averse approach that doesn’t really minimize risk as much as it stifles potential gain and absolves the investor of doing due diligence.

>> No.25057919

>>25057696
does anyone have the portfolio of Beattie, Kaplan and Pliego?

>> No.25058001

>>25057629

can anyone interpret this into the top 10 or 20 or so? which are his biggest holdings? do i look at the "Position" column for the value in USD?

>> No.25058082

>>25057866

Yes. As Sprott has billions, he can throw a little bit of money at many different mining stocks, which inflates the number of them in his portfolio. But if you analyse it closer, what you find is that he invests deeply in only about 20 stocks which he really believes in. A lot of investors treat investing in mining stocks like firing a shotgun, but I think that it is a mistake. If I hadn't invested deeply in Klondike and Vangold, I'd never have made any real money in them. I deeply believed in them and so I invested a lot in them, and I was rewarded for believing in research about which I felt secure.

>> No.25058083

>>25058001
current market value. Come on anon.

>> No.25058163

>>25058082
That's why 10 is the best size I think. Something like 12% for big position, 8% for a stock you have a little doubt and 4% for speculative one.

>> No.25058570

>>25058083
fuck it i'm guessing his biggest holdings are all majors. not gonna 10x with a major, need JUNIORs

>> No.25058636
File: 36 KB, 704x528, 1417591018011.jpg [View same] [iqdb] [saucenao] [google]
25058636

>>25058570
He has 4.3 million in strikepoint. A "big" position for him isnt the same, can't compare with him. He would buy the whole compagny. A big position for me is 1500€.

>> No.25058646

>>25047228
I missed the damn eskay pump literally by hours. Its up to 1.10 now

>> No.25058682

>>25058636
>big position for me is 1500€.

same. $1650 for big and 837.5 for small

>> No.25058796

>>25058570

Dolly Varden, Silver One, Irving Resources, Mountain Boy Minerals. All a part of Sprott's portfolio, all silver small-caps, and all core positions of mine.

>> No.25058832

>>25047810
>That can't happen with bitcoin.
>hey check out this new asic
>hey, blockstream updated the code
Baka/10 senpai

>> No.25059157

>>25058796
>Dolly Varden, Silver One, Irving Resources, Mountain Boy Minerals

whats your position size for these from largest to smallest? think i'll buy at end of day

>> No.25059339

>>25059157

Would prefer not to give the exact numbers, but each one more than 6% of portfolio. MTB is less so, however, because I consider it to be more speculative.

>> No.25059462
File: 784 KB, 800x600, 1596467841132.png [View same] [iqdb] [saucenao] [google]
25059462

>All this Gold FUD on the board
I think we're due for the next leg up in this Bullmarket soon lads

>> No.25059672

>>25059339
not actual $$, i mean the size in relation to the other miners you hold and the size of overall portfolio in percentages

>> No.25059743 [DELETED] 
File: 3.27 MB, 5500x2963, yo.jpg [View same] [iqdb] [saucenao] [google]
25059743

upgraded the stack to 720oz
>500 britannia 2021
>100 krugerrand 2020
>100 maple 2020
>20 philharmoniker

silver is going to triple digits 21/22, i think 40$ by Q2 2021 easy.

gotta admit, those shiny coins are addictive, i feel like smeagol a bit

>> No.25059860
File: 171 KB, 324x280, Ayaka.png [View same] [iqdb] [saucenao] [google]
25059860

>>25059743
>gotta admit, those shiny coins are addictive, i feel like smeagol a bit

a barslut gave me a blowjob the other week and i tipped her a silver 1oz'er and she actually took it. our world is coming together sooner than we thought

>> No.25059899

>>25047810

bitcoin is only immune to inflation if you ignore the existence of every other crypto. otherwise in a "free market" people would prefer a cheaper and faster coin as long as its on a reasonably well-established blockchain. the only way to really make it work is for organizations like paypal to facilitate off-chain transactions. but then you have all the same problems and the same counterparty risk. you have a currency (paypal points) having no intrinsic value which may or may not be backed up by an inefficient, mostly chinese-controlled, mostly unaccounted for currency that also has no intrinsic value, and no way to self-custody.

it's so stupid i can hardly believe it.

>> No.25059914

>>25059860
Was she a formerly well-to-do barslut?

>> No.25059957

>>25059899

and remember paypal is also owned by a rich chinese guy. the chinese sell you bitcoin and buy commodities. i don't like where it's going.

>> No.25059968

>>25059860
I’ll take “Things that never happened” for $200 Alex

>> No.25060030

Morning all what did I miss after I passed out.
>>25049377
thats an insane amount of copper in ore, fantastic!
>>25049751
Wow Mountain boys been busy!

>> No.25060062

>>25059899
Absolutely. There already are coins that are vastly superior to BTC when it comes to everything you mentioned. The only reason BTC is so popular is the same reason the USD still has value: irrational markets.

>> No.25060121

What are some smallish cap tantalum miners to invest in? I have enough silver juniors

>> No.25060298
File: 184 KB, 1536x849, PGM prediction.png [View same] [iqdb] [saucenao] [google]
25060298

first time doing memelines

rate my Pure Gold Mining prediction

>> No.25060332

>>25060062

i don't think any POW coin is ideal because they are inefficient by design, and there's no reason that currencies based on distributed ledgers need to be inefficient.

xrp, algo, and many others are much more practical. most of the problems people cite about those consensus/POS-based currencies (like xrp being mostly held by ripple) are not inherent to their design and operation, and i see no reason why bitcoin should win out in the end.

i can imagine xrp being used as a bridge currency, but i see no use case for bitcoin whatsoever. i think digital national currencies are not sufficient alone as they would leave people without a means of exchange during a carrington event. PMs are the only option, unless tptb plan to let SHTF, and in that case, PMs are still the only option.

>> No.25060356

bros i think the steam sale is crashing pms

>> No.25060430

this isn't to say bitcoin won't go up more. but it's definitely not a rational choice, at least not from my point of view. even if the market behaves irrationally, i don't think it's a good idea to rely on that irrationality or make irrational decisions yourself.

>> No.25060439

>>25047810
I worry about a grid collapse, or EMP from nuclear war. At least if the lights go out I still have my rocks.

>> No.25060466

>>25060332
Preaching tot he choir. I've got 14k XRP and my dragon hoard of PMs

>> No.25060498

>>25060439

the blockchain itself would probably still survive but people would be without a means to transact in the meantime, and the breakdown of social order would follow.

>> No.25060602

>>25060498
Yea, I also dont love that bitcoin isnt as private as owning PMs. With KYC laws and the fact that its an immutable distributed ledger means that every transaction is saved. I own quite a bit of crypto, but I also have a fat stack of physical PMs because
A: 5000 years of recorded history has seen gold and silver as money

B: it feels fucking awesome to have a treasure in the basement.

>> No.25060647

>>25045969
At one point will quantum computing render cryptocurrencies useless?

>> No.25060690
File: 74 KB, 1589x487, SCTSF.jpg [View same] [iqdb] [saucenao] [google]
25060690

>>25060030
Morning Pan Man, there's a small sale on Scottie today

>> No.25060810

>>25060602

currencies without intrinsic value become a prisoner's dilemma.

>> No.25060822
File: 85 KB, 294x313, 1571984988143.png [View same] [iqdb] [saucenao] [google]
25060822

>>25060647
Math and Physics major here. It doesn't make sense. Quantum computing is not going to "hack" Bitcoin.

The top leaders right now only have like 100 qubits, and that's WITHOUT error correction. For cryptography you need error-corrected bits because even one bit out of place nullifies the entire result because of the avalanche effect. The types of problems that Google and others have shown "supremacy" on are NOT related at all to the algorithms that Bitcoin and other cryptocurrencies use. You need THOUSANDS of qubits to be able to perform calculations on something like ECDSA for example.

If quantum computers are upgraded to thousands of qubits (error-corrected mind you!!) some time in the future, that would threaten classical cryptography in general. Every single website you visit, all communications online, would be at risk. So the world will upgrade algorithms to quantum-resistant versions. And that includes cryptocurrencies. The digital signature algorithm that Bitcoin uses can be upgraded with the public consensus of miners. Just like the rest of the SSL/TLS/HTTPS world, Bitcoin will upgrade its security long before quantum computers are able to affect it in any way.

1/3

>> No.25060839
File: 51 KB, 540x675, 1577490516122.jpg [View same] [iqdb] [saucenao] [google]
25060839

>>25060822
Also, you need to realize that hash algorithms (separate from the sig algorithm) are NOT based on the Discrete Logarithm Problem. They're not based on factorization. Meaning they are not susceptible to quantum computing in the same way, it is NOT trivial to develop a quantum algorithm for such functions. https://en.wikipedia.org/wiki/Discrete_logarithm

Why is that important? Because the Bitcoin protocol does not even broadcast the public key at ALL, until you actually spend from an address. It broadcasts a double-hashed version instead. This serves as protection even IF the digital signature algorithm WAS attacked by a quantum computer (again, which wouldn't happen for long time since the comps aren't anywhere near 1000s of err-corrected qubits, and plus everyone will migrate to quantum-resistant algos anyway lol).

This means that someone would have to compromise the digital signature IN THE INCREDIBLY SHORT TIME WINDOW between the time that you transmit the transaction to the network and the time it gets confirmed, AND THEN it would have to create a new transaction to attempt to double-spend and transmit THAT to the network. But the Bitcoin protocol always works upon longest-chain, so by the time the attacker even did that it's far too late, miners/nodes will have already confirmed and forwarded the information, the correct block will have already been created. And again that's all assuming the quantum attack approach is even valid in the first place.

To put it simply the world is NOWHERE NEAR the technology needed to attack classical digital signature algorithms like ECDSA, and even if that happens, the entire world (not just crypto) will have long-since migrated to newer and better quantum-resistant algorithms. And EVEN IF THEY DIDN'T migrate, the premise of an attack is STILL bogus because of the double-hashed public key, the longest-chain protocol rule, and the prohibitively small time window required for a double spend.

2/3

>> No.25060852

>>25060690
Hay perfect just in time than!

I am trying to figure out where Mountain Boy Minerals just staked between Red Mountain and Homestake Ridge on MapPlace, lots of showings in there, but totally inhospitable to life due to the massive ice sheets.

Looks like a LOT of activity today for me to snoop around on, also whats with the fudding of Dolly Varden on CEO?

>> No.25060862
File: 1.69 MB, 1280x720, 1585419553129.webm [View same] [iqdb] [saucenao] [google]
25060862

>>25060839
Also, even if some nation-state DID have the ability to "break" elliptic curve cryptography, why would they waste that opportunity on fucking crypto?

If a nation-state had the overwhelming resources to break asymmetric elliptic curve encryption why would they waste their one-shot on trying to double-spend some internet money in a tiny $300bil market when a bomb like that could be deployed somewhere more relevant like the global eurodollar bond market or SWIFT.

It's like when they broke the enigma machine, and then couldn't just use it to compromise everything right away because then the Nazis would realize it and change communication methods. If some nation-state successfully performed a double spend, the guy who gets screwed over would immediately know about it, the entire crypto community would know about it because it's a public fucking ledger, and the entire community would come together and switch algorithms to something of higher bits or quantum-resistant, of which plenty of algorithms already exist and are always improving. Why would you blow your load like that on Bitcoin rather than use it to secretly monitor encrypted traffic all over the world?

3/3

>> No.25061108

>>25060862
They make a new Crypto and call it Bitcoin 2.0.

Bitcoin is just a name brand. All Crypto is just upgraded Fiat.

>> No.25061153
File: 774 KB, 1280x960, D97C388C-6BC1-4B91-92C8-246B80E27558.jpg [View same] [iqdb] [saucenao] [google]
25061153

This thread is all stock talk and no metals anywhere to be seen!

>> No.25061174

>>25060862
>>25060839
>>25060822
Kek I just asked that question as a joke, I didn’t expect such an in depth answer. Most of your vocabulary flew over my head anyways because I only have a boomer tier understanding of technology

>> No.25061181
File: 434 KB, 1714x1286, Comfy stack not upside down edition.jpg [View same] [iqdb] [saucenao] [google]
25061181

>>25061153
guess I'll post my stack again

>> No.25061237
File: 661 KB, 993x655, simpsons-marge-simpson-angry-shouting-screaming-meltdown-1.png [View same] [iqdb] [saucenao] [google]
25061237

IS THERE, OR IS THERE NOT GOING TO BE A COMEX DEFAULT NEXT WEEK?

>> No.25061278

>>25061153
Based junkposter

>> No.25061279

For the life of me, I cannot understand why Pacifico Minerals is not more widely known. Their Sorby Hills project is the second largest silver resource in Australia, inferred at 54.8m oz. Market cap is 68 million. The CEO.CA chat is a ghost town. Surely I'm missing something. Why is this being slept on?

>> No.25061343
File: 12 KB, 552x46, Screen Shot 2020-12-22 at 2.42.46 PM.png [View same] [iqdb] [saucenao] [google]
25061343

is today a normal pullback?

>> No.25061423
File: 3.48 MB, 4032x3024, EBBDBE3D-94CA-4C8D-B249-25F3AE62692F.jpg [View same] [iqdb] [saucenao] [google]
25061423

>>25061278
The real junk is this incessant talk of stocks and shitcoins

>> No.25061431
File: 621 KB, 625x790, 1608353713431.png [View same] [iqdb] [saucenao] [google]
25061431

>>25061237
dunno, too busy fondling my physical

>> No.25061473

>>25061423
god those sunshine tenners are so aesthetic. asahi moreso but close race

>> No.25061480

>>25060298
TAnon, critique please

>> No.25061595

>>25061423
Yeah it gets pretty irritating when this place becomes no different from /smg/

>> No.25061845
File: 1.07 MB, 3072x4096, IMG_20201222_144433965.jpg [View same] [iqdb] [saucenao] [google]
25061845

>>25061181
Me too!

345ozt Ag, .7ozt Au

>> No.25061894

>>25061845
435ozt Ag*

>> No.25061895

>>25061845
beautiful stack anon

>> No.25062076

>>25050281
Ive hated bayhorse for three months but you probably wont regret it.

>> No.25062319

>>25055280
Nicola mining is partnered with blue lagoon. Blue lagoon will be using their mill in an agreement. Seems like more under the radar gems.

>> No.25062399

>>25062319
see that makes sense, because the mount milligan mill stopped taking the ore when I was working at Dome mountain due to high counts of penalized metals such as cadmium and antimony. Nicola Mining's mill is setup to work with these types of ores because the ore from treasure mountain also carries concentrations of those metals.

>> No.25062416

>>25061595
I used to browse /smg/ until it became unbearable in march. These days pmg is the only thread worth reading and some occasional random thread buried in the cesspit of cryptocoins

>> No.25062440

>>25061595
You obviously havent been to smg in a while. Its a shit hole. The quality of discussion here is a million times better. Maybe youre just mad you dont have any money to invest

>> No.25062483

>>25062440
>Maybe youre just mad you dont have any money to invest
Lmao absolutely seething

>> No.25062491

>>25062416
Smg is literally those anchovies guys from spongebob. MEEP!

Number go down! MEEP!

Nak go up! MEEP!

>> No.25062509

>>25062076

Chris Vermeulen, who often stands in for Sprott, endorsed BHS again this month. https://twitter.com/bayhorsesilver/status/1334555200422633475?s=21 Bob Moriarty just said that he owns "a boatload." https://ceo.ca/bhs?11e850b0ce68 @Newton, who is a geologist, likes it, @oldbanker likes it. @HDLR, who bought the bottom of Klondike, recently sold his Klondike for BHS. As soon as silver goes over $30 and or BHS gets re-rated as a producer again, can't see how the stock won't instantly double. KS shows how quickly these things can move when people start flooding into them. $14 million for a permitted silver producer is simply a joke at this point.

>>25062319

Thank you, this is highly interesting. I own just as much BLLG and NIM, but never knew that there was this connection between the two. The mill alone makes NIM invaluable, but every single one of the properties is also exciting.

>>25061279

Think that Pacifico will follow the rest of the market upwards when we get the next leg up. Viscount Mining has a historic resource of 63 million ounces at Silver Cliff alone, but mcap is only $35 million. So $68 million mcap for Pacifico doesn't seem too bad relative to other mining stocks.

>> No.25062623

Fuck this gay earth. If I want to buy Canadian stocks, I have to pay at least 19 CAD in brokerage fees. Being yuropoor is suffering. I just want to get into junior silver mining stocks.

>> No.25062707

>>25062623
Country? I'm at 1 CAD in al-Swedistan

>> No.25062757

>>25062509
Good comparison there. Australia seems like a relatively safe jurisdiction, too. It just baffles me that Pacifico is flying so far under the radar as to be basically invisible. There have only been three unique posters on the Pacifico CEO.CA channel in the past year. 3 people in the past year have discussed this company!

>> No.25062773

Hey goys, I've got 4 GTX 1070s. Should I t selling the crappiest one for silver before getting the rig back together?

>> No.25062923

>>25062707
Denmark. Nordnet (19 CAD) and Saxobank (25 fucking CAD) are the main brokers.
Also, svenskdjævel.

>> No.25062937

>>25062623
I pay either €2 + €0.01 / share (painful with penny stonks) OR C$30 commission.
>>25062707
Finland here. What broker, my Nordic brother? Save me from these fees

>> No.25062984

>>25062773
>1070
sell them all

>> No.25062990

>>25062923
>>25062937
Avanza

>> No.25063061

>>25062990
Can non-swedes use Avanza for investing? So far, it seems like I need a swedish personal number..

>> No.25063119

>>25062990
Welp.
Guess I could start using Interactive Brokers whenever I decide to sell all my holdings.

>> No.25063144

How come everything is dumping? Where tf is the money going?

>> No.25063234

>>25062509
I researched viscount last night and my research only showed viscount with 10 million indicated. Youre saying 60 million ounces? Did i misread it in my brain haze?

>> No.25063253
File: 1.49 MB, 480x600, $30_bathwater.webm [View same] [iqdb] [saucenao] [google]
25063253

>>25063144
>Where tf is the money going?
Belle Delphine's porno gets released in 3 days

>> No.25063292

>>25063061
>>25063119
Yeah, Avanza seems to be Sven-only as far as I can tell.

>> No.25063370

>>25063253
>Belle Delphine's porno gets released in 3 days
You’re joking right?

>> No.25063429

>>25063234

A resource which was prior to 43-101 is now called a "historic" resource. Tenneco, an oil company, was the one which proved the 60 million ounces in a pre-feasibility study, but they did so several decades ago. Of that historic resource, 5.6 million ounces at 84 g/t silver are now indicated, and 7.1 million now inferred, according to the official 43-101.

>> No.25063560
File: 103 KB, 1024x574, 1602637839443.jpg [View same] [iqdb] [saucenao] [google]
25063560

>>25063370
hes not, she switched to loods, certified whore now

>> No.25063623

>>25062984
Really? Should I only replace with an asic?

>> No.25063658

>>25063370
Yes. He meant to say 2 days

>> No.25063671

dxy went down almost 10% last 6 months meanwhile gold tanked with it
dollar rises one day and gold throws a fit
its getting tiresome last 6 months have been boring af

>> No.25063758

>>25061343
get used to it anon, the market can remain irrational longer than you can remain solvent.
the whole premise of investing in gold is that the entire global financial system is in a bubble, and that we will go back to real money thats been used since the dawn of civilization.
stay patient

>> No.25063854
File: 3.72 MB, 8083x4000, 1604709288877.jpg [View same] [iqdb] [saucenao] [google]
25063854

>>25063253
>>25063370
kys simps

>> No.25063944

>>25063253
tfw no Belle Delphine gf

>> No.25063946

>>25063671
I would be happy beyond mesure if PM stayed at this level for another 6 month. Cheapies miners. Don't have full position yet. Most people expect gold rising mid january.

>> No.25063952

>>25061237
Probably not, delivery day was a few weeks ago.

>> No.25064102

>>25063944
tfw no gf

>> No.25064233

>>25063758
>the whole premise of investing in gold

i'm all silver miners brother. i dont believe the financial system will collapse and we will be using gold to buy stuff. i'm simply betting against the debt, the dollar, and inflation

>> No.25064239
File: 319 KB, 945x698, hairy.belle.jpg [View same] [iqdb] [saucenao] [google]
25064239

>>25063854
enhanced

>> No.25064498

>>25045969
WHAT THE FUCK HAPPENED TODAY AND ARE WE GOING TO KEEP GOING DOWN THIS WEEK SOMEONE EXPLAIN

>> No.25064524

>>25064498
Yes silver will go to $0 and be taken off the Comex by February. Checkem

>> No.25064662

>>25064524
I wish. Then I could build a house out of Asahis.

>> No.25064695

>>25064662
And Mercury could BE a formerly-well-to-do-house.

>> No.25064698
File: 11 KB, 480x360, nigger.jpg [View same] [iqdb] [saucenao] [google]
25064698

>>25064239
>>25063854

>> No.25064859
File: 10 KB, 225x225, 374589756.jpg [View same] [iqdb] [saucenao] [google]
25064859

what's everyone's opinion on these COCKS?

>> No.25064917

>>25064859
Majestic

>> No.25064923

Is silvergoldbull a decent exchange/seller?

>> No.25065044

>>25064859
That's a nice cock bro. Wish I had a cock like that desu

>> No.25065069
File: 28 KB, 959x720, jbvjufufkyg.jpg [View same] [iqdb] [saucenao] [google]
25065069

lmaooooo look at wings right here spitting facts.
Big ups Liquid Richard!

https://www.youtube.com/watch?v=VmpVnc02U2k

>> No.25065118

>>25064859
even for french...impressive

>> No.25065181

>>25064923
Yes, but online sellers have much bigger premiums than LCS.

>> No.25065208
File: 88 KB, 315x248, Screenshot_18.png [View same] [iqdb] [saucenao] [google]
25065208

>>25065069
One-armed nigger.

>> No.25065404

>>25065181
>Yes, but online sellers have much bigger premiums than LCS.
Lmao it’s the opposite for me, when spot was $16 my LCS was charging $26 for American silver eagles and 23x face value for junk.

>> No.25065555

>>25065208
fuck that nigga

>> No.25065709

>>25065555
what a fuckin waste of quads

>> No.25066094
File: 1.78 MB, 2626x3030, 468EA76F81164091AD38B1F0CB6F3474.jpg [View same] [iqdb] [saucenao] [google]
25066094

>>25065404
>>Yes, but online sellers have much bigger premiums than LCS.
>Lmao it’s the opposite for me, when spot was $16 my LCS was charging $26 for American silver eagles and 23x face value for junk.
Mine was 18x face when silver was trading for $24. You must have a greedy boomer running your LCS

>> No.25066111

>>25065404
$16 was an anomaly. Everyone knew that the price was going to go up. If you know that the paper price of silver is manipulated and not an accurate depiction of the price of silver then you would have no reason to give away your stock at those prices, knowing full well that they will be way up in a few moths off of those lows. A lot of online dealers were simply "sold out" around that time and had absurd premiums as well.

>> No.25066144

>>25066094
How do you assess the Xface of junk silver. Are there good rules of thumb to tell you if something is a good deal or not?

>> No.25066275

>>25066144
One ounce of 90% junk silver is $1.40 face value. “10x” junk silver would be $14 for an ounce of it

>> No.25066338

>>25066144
Here’s some quick maths. Take 1.4*(whatever their price is) and that’s the price/oz.

So 1.4*18.5=25.9 per ounce

>> No.25066353
File: 45 KB, 514x485, 8.jpg [View same] [iqdb] [saucenao] [google]
25066353

>>25066144
>How do you assess the Xface of junk silver. Are there good rules of thumb to tell you if something is a good deal or not?
You need $1.40 face value to make 1oz of silver when dealing with 90% junk content.

After calculating it out he was only asking for a 5% premium. It was also lower than all of the deals I could find online so I went for it.

Added bonus is you get to cherry pick the shiniest and best condition coins too instead of getting a roll of shitty beat up ones. I ended up buying $30 worth and got ten really nice kennedy halves and a roll of really nice washington quarters.

>> No.25066585

>>25066353
Aren't the kennedy half's only 40% silver?

>> No.25066649

What Aussie miners do I need to buy for the upcoming run? I’ve been loading physical metal since May and now have 2oz gold, 270oz silver.

I’ve got some KWR shares...what are some other good ones...PMY? I’ve got about $10k to spend...

>> No.25066659

>>25066585
Depends on the year

>> No.25066723

>>25066649
read this thread and the one before. There is ton of infos we discussed.

>> No.25066924

>>25066585
>Aren't the kennedy half's only 40% silver?
1964 is the only year they were 90%.

>> No.25067009
File: 1.04 MB, 1868x2198, 20201222_173624.jpg [View same] [iqdb] [saucenao] [google]
25067009

>> No.25067056

>>25066723
Sorry most I could see were Canadian or US miners rather than Aussie. Will look at past one but I can’t see any Aussie ones discussed above

>> No.25067082
File: 103 KB, 2489x330, microcap advice.jpg [View same] [iqdb] [saucenao] [google]
25067082

>>25067056
do your dd. they are small caps so risky.

>> No.25067381
File: 170 KB, 900x1350, B3CE3BA6-1484-4631-A673-879F62AB3D31.jpg [View same] [iqdb] [saucenao] [google]
25067381

>>25045969
Is E. Michael Jones a goldbug?

>> No.25067429

>>25067381
No.

>> No.25067500

I’m selling my PMs and buying bitcoin because PMs are a form of idolatry. You guys are going to hell and I’m not going with you

>> No.25067578
File: 1.11 MB, 2531x1497, gc.jpg [View same] [iqdb] [saucenao] [google]
25067578

alright, /pmg/ - delivery day update: USPS finally came thru edition

received the Korean Gold Crown 2019 coin today (left). joins my 2020 gold crown on the right

really digging the detail and contrast on the front of the 2019. beautiful coin.

>> No.25067602

>>25067381
Just read his book

It has nothing to do with gold it’s all about usury

>> No.25067604
File: 27 KB, 500x574, 1601777750627.jpg [View same] [iqdb] [saucenao] [google]
25067604

>>25067500
NGMI

>> No.25067661

>>25064498
>>25064498
Lurk moar crypto smg fag.

>> No.25067736

Silver spruce closed their financing today and stock went up 15%

>> No.25067819

>>25067082
These aren’t Aussie (ASX) listed miners...? So we can’t buy....i trawled the previous thread and no results for ASX listed companies

>> No.25067985

>>25067736
any news yet about that legal issue with the land owner their main project is based around? >>25067819
You should be able to buy north american based stocks you just have to go though a few extra hoops. Until than look up Pacifico minerals and use junior mining networks Australian mining tab for others. If you have questions on specific companies we can help, but DD is up to each person.

>> No.25068466

>>25067819
Pacifico Minerals. I mentioned it above in this thread. Estimated 58 million oz silver on their property, plus lead and zinc, for a 68m market cap.

>> No.25068508

>>25067736
I came very close to buying more today. Can’t really decide what miner I want to sell to buy more SSE though.

>> No.25068580

>>25052069
Only my Bayhorse buy got filled so it looks like it all worked out in the end

>> No.25068587

>>25066585
The1964 editions are all 90% silver. The last circulated US coin to bear that honor to my knowledge.

>> No.25068609

GPL had a good sized dip today to go along with all of the other miners (and gold/silver stocks in general) dumping. I thought about adding more to it but didn't get a chance to pull the trigger until now (which is too late).

>> No.25068619

>All the money they printed off is going towards bailing out the foreign banks that got caught offsides on interest rate swaps, money velocity is super low because it all stays in the banking system and is used to artificially push and pull other countries bonds and currency's using interest swaps. There is no inflation, there is only a demand for more USD globally. The US has some of the highest rates compared to Europe and asia developed countries because we can actually produce growth. I can easily, easily, see this being the bottom for DXY and rates.
Remember this fud? It's being spammed in /smg/ now.

>> No.25068694

>>25045969
>>25045988
>>25046016
>>25046049
>>25046100
>>25046110
>>25046118
>>25046123
>>25046124
>>25046137
>>25046141
>>25046160
>>25046171
>>25046180
>>25046205
>>25046211
>>25046229
>>25046231
>>25046266
>>25046393
>>25046420
>>25046439
>>25046450
>>25046548
>>25046596
>>25046605
>>25046745
>>25046769
>>25046813
>>25046826
>>25046846
>>25046941
>>25047228
>>25047333
>>25047464
>>25047554
>>25047555
>>25047656
>>25047720
>>25047736
>>25047810
>>25047819
>>25047848
>>25047937
>>25047954
>>25048051
>>25048052
>>25048149
>>25048248
>>25048289
>>25048382
>>25048409
>>25048427
>>25048480
>>25048507
>>25048544
>>25048563
>>25048615
>>25048692
>>25048858
>>25049376
>>25049377
>>25049402
>>25049596
>>25049743
>>25049751
>>25049794
>>25049873
>>25049915
>>25050009
>>25050062
>>25050132
>>25050167
>>25050281
>>25050367
>>25050384
>>25050467
>>25050530
>>25050626
>>25050655
>>25050996
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>>25051125
>>25051342
>>25051368
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>>25051698
>>25051805
>>25051852
>>25051960
>>25052036
>>25052069
>>25052162
>>25052223
>>25052377
>>25052389
SNEED

>> No.25068714

>>25064498
Keep in mind, the exact same thing happened in March immediately followed by the ATH spike following the stimulus passage and everyone getting trumpbux.

It’s gonna happen again, stay hopeful fellow hoarders. Here’s to $2100 gold within the next few months

>> No.25068716

>>25068619
SNEED

>> No.25068728

>>25068716
oy vey

>> No.25068763

>>25068619
>I can easily, easily, see this being the bottom for DXY and rates.
bottom for rates? who pays the credit? those 100 000 restaurants that went out of business in NYC?

where and when businesses will open at 100% full blast except from some China slave factory?

EU countries are locked down to mid January, USA is fuckin bananas and there's a motherfuckin global crisis that's about 4-5 times magnitude of 2008.

2020 was the cough
2021 is the shart

>> No.25068766
File: 107 KB, 1234x1024, ca8.jpg [View same] [iqdb] [saucenao] [google]
25068766

>>25068728
SNEEEEEEED

>> No.25068785

>>25068763
Sneed

>> No.25068889
File: 122 KB, 534x600, 0DD44A61-C5B3-47E8-8D8B-4B7AACC8D33A.jpg [View same] [iqdb] [saucenao] [google]
25068889

>>25068766
>>25068785
>>25068716
>>25068694
Based

>> No.25068979

>>25060852
Apparently their inferred ounces at their Dolly Varden property has been reduced by 8 million and the estimated quality of their silver (not sure how that’s estimated) has been reduced by a third. Apparently some of these posters knew this all along.

>> No.25069059

>>25067578
I like the one, almost bought it from rAPeMEX but couldn't justify it

>> No.25069129

>>25068979
O joy thats just great! Thats just what they needed. Guess I ll have to go have a look than. Thats probably due to the drill results coming back lower grade than expected I ll guess. O well still a lot of land to work on and look over.

>> No.25069245

>>25069059
Sorry I meant the 2020 one

>> No.25069369

Apparently the new “hot” stock at CEO is Baru Gold. Getting shilled heavily.

>> No.25069576

>>25068979
Ok I see what there talking about, I wasnt using CEO.ca back than, but I do remember this hitting junior mining network back than. Guess I have an evening of digging to figure out if it was ever rectified or if someone just over estimated the original inferred resource from the old mine map info.

>> No.25069804

>>25069576
Please share what you uncover

>> No.25069847
File: 1.15 MB, 1134x2016, Resized_20201001_173910_9113.jpg [View same] [iqdb] [saucenao] [google]
25069847

>>25061153
nice pile

>> No.25069894

>>25069847
Thank you, Yukari-chan

>> No.25069911

>>25069804
Its not unusual to have a resource shrink or expand, but on that large a scale is rather odd. I see the grade was decreased substantially too, again likely because of the old rule where higher grades are closer to surface but in this case I feel like someone vastly over estimated the scale of the ore body at depth using old documentation and than the drilling disproved that. I ll try and confirm that though in a bit.

>> No.25069974

>>25069847
your pics are the best.

>> No.25070037
File: 1.06 MB, 1134x2016, Resized_20200930_172003_2135.jpg [View same] [iqdb] [saucenao] [google]
25070037

>>25061845
Vault check

>> No.25070041

Where the hell do I get started with mining stocks? I have a stack of 3kg pure gold ingots I smelted myself which I keep meaning to post in exchange for spoon feeding but my phones all fucked up.

Trying to get out of fiat and hedge myself against all possibilities. Got buttcorns , gold, now I need the mining stonks

>> No.25070186

>>25070041
Really the best way is to go back a bit in the archive and read some of the discussion on the subject. The pastebin has a ton of info as well too! Got any specific companies in mind? regions? This isnt for everyone mind you, its often more complicated than its worth.

>> No.25070248
File: 1.12 MB, 2016x1134, Resized_20201026_200718_2195.jpg [View same] [iqdb] [saucenao] [google]
25070248

>>25069894
>>25069974
thanks frens
wagmi

>> No.25070264

>>25070041
> 3kg pure gold
Do you even need any mining stocks? I mean for all intents and purposes you've already made it.

>> No.25070268

>>25070037
Based

>> No.25070325
File: 27 KB, 780x269, turban.jpg [View same] [iqdb] [saucenao] [google]
25070325

>>25068979
Dolly's CEO is a poo, I never invest with companies run by a Pajeet or guys wearing a turban (Discovery Metals)

>> No.25070348
File: 143 KB, 990x1200, 1532455028967.jpg [View same] [iqdb] [saucenao] [google]
25070348

Anyone here do amateur gold panning? Have you made any money off it? Cali-fag here, I live in Placer county (literally named after gold-panning). Thinking about taking up gold panning as a hobby. I've seen guys around here doing it at riverbeds

>> No.25070375

>>25070348
How do you find spots?

>> No.25070442

>>25070041
Read this thread and the last thread. I'm loving all the great info provided here, good stuff but you have to read the threads. It's not like you have to go digging that far back...

>> No.25070446

>>25070348
There's nothing good in my area which makes me sad.

>> No.25070480
File: 298 KB, 2048x1536, 106718148_267382501353176_7102150327677674923_n.jpg [View same] [iqdb] [saucenao] [google]
25070480

>>25070348
I do it on a bigger scale than just panning but its all basically the same setup. Unless you really know what your doing and have spent a long time researching your region, you likely wont make money just panning / sniping on its own. You need very specific and rare ground to make it hand mining these days.

>> No.25070486

>>25070264
I have a big pile of fiat that is going to be worth sweet fuck all in the next few years so I want to get it into something stable.

>>25070186
I’m in the U.K. from what I’ve read silver mining has potential, but I don’t know if I need tiny mcap miners with huge gains or larger more reliable companies. Probably the latter. But I’ve no idea about all the geology and technical details I should be thinking about.

>> No.25070525

>>25070480
Where's your general location and how do you do prospecting?

>> No.25070696

>>25045969
Who’s baking?

>> No.25070723
File: 220 KB, 1100x792, Russell Gulch, Colorado 1890.jpg [View same] [iqdb] [saucenao] [google]
25070723

>>25070375
The best way I ve found is to go dig into local records. If there was placer mining in your area, there will be old maps and notes on where the best territory was back a century ago. The old boys were after the easiest stuff they could find, and you will still find gold where they worked. Best place to start is bedrock, follow cracks and spots filled in with mosses. Big river rocks as well resting on bedrock is good too. The links at the top of the thread have several sections on this subject that will likely help as well.
>>25070486
its probably better to start off with the larger more stable companies in your case and than do your research into the juniors as you get better at understanding what there doing.
>>25070525
Central BC Canada, currently most of my placer ground is in the Cariboo District, centered around the historic Barkerville area. I use mechanical mining equipment like you see on tv like "Gold Rush" does but on a much smaller scale. Before I can machine mine though I have to do a lot of hand work to find where the gold is situated, as well as countless hours of research on specific areas. For hand working I usually either use a "ground sluice" or a high banker to work sites, but there are many different ways you can mine by hand.

>> No.25070835
File: 95 KB, 500x437, oh-no-chica-thats-bedrock-you-cant-mine-it-smh-48675303.png [View same] [iqdb] [saucenao] [google]
25070835

>>25070696
what does pmg Baker anon have the day off or something?

>> No.25070888

>>25069847
I thought all of that was Gold for a second. The lighting is misleading.

>> No.25071058
File: 849 KB, 2016x1134, Resized_20200913_094258_7916.jpg [View same] [iqdb] [saucenao] [google]
25071058

>>25070888
>all of that was Gold
heh, yep I sure wish. only have a few nugs of gold

>> No.25071079

>>25070835
he may be busy, I can do it again if we archive.

>> No.25071277

>>25071058
Amazing how a 36 year old Engelhard Prospector Round has less milk spots than Canadian Maple Leafs from just 2-3 years ago.

>> No.25071336
File: 34 KB, 567x565, 70e.jpg [View same] [iqdb] [saucenao] [google]
25071336

OH SHIT

Look who's saying actual relevant stuff again
https://www.bitchute.com/video/lfhdo1zEXm3l/

>> No.25071391

>>25071277
Not really, Maples are 4 9's pure, that many 9's guarantees milk spotting