/pmg/ - Precious Metals General

[PMG BAKER No.25635709]

Gold Fever 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
Shills
>>25557138
>>25549155
>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:>>25619627
Image from:>>25633669

[Anonymous No.25635752]

First for buffalos

[Anonymous No.25635824]

Amazing op image

[Anonymous No.25635837]

>>25635709

[Anonymous No.25635886]

This may very well be the last comfy nightly thread. We've waited quite a while for this PM bull run and it looks like it is finally upon us. Here's to you, frens. Here is to a darker societal future, but a brighter financial future.

[PMG BAKER No.25635935]

>>25635886
It may be, but the market will never be the same anymore.

[Anonymous No.25635964]

Idolators going to get violated by cme agin tomorrow.

[Anonymous No.25635971]

>Most widely circulated Silver coin in the World today
>Recognizable as money to most of the people who've lived since 1780
>Based Trad Empress on the front
>Made of .835 fine Silver, the thinking man's purity
>Completely unchanged for 240 years
>Convenient 0.75 ozt. of Silver Weight
Have you taken the Thaler pill yet, anon.

[Anonymous No.25635982]

>>25635752
Glad I'm not the only one around here that loves these!

[Anonymous No.25635998]

>>25635709
metal fags are real quiet these days

[Anonymous No.25636023]

>>25635824
Saw it on a thread in /vip/

[Anonymous No.25636072]

>>25635935
I'll be honest, I'm going to make a fair number of drunk OOOOOOOO shitposts when we moon. I will be part of the problem and I cannot wait.

[Anonymous No.25636078]

Did you know silver is not rare? It’s a byproduct of base metal production. “Silver miners” are a meme.

Don’t get me wrong, a huge bubble in silver will form taking prices to 500 per ounce but in 10 years prices will trend down to $40

[Ser Stackalot No.25636095]

>>25636078
So I’m guaranteed a 2x? I’m ok with this

[Anonymous No.25636122]

>>25636095
Yeah well a gallon of gasoline will be $10 so you wont make any real money.

[Anonymous No.25636123]

>>25635709
thinking about selling fakes on ebay with no proof of assay/buyer beware clause.

[Anonymous No.25636127]

>>25635709
I want to get bars of gold but I’m moving around a lot and a poorfag

[Anonymous No.25636150]

>>25636123
Patpal locks your money up with new accounts so people have time to make a dispute

[Anonymous No.25636175]

>>25636150
thats fine ill give them every chance to not rip themselves off

[Anonymous No.25636182]

>>25635709
should i buy platinum?

[Ser Stackalot No.25636185]

>>25636122
Gasoline will still be available! So you’re telling me I’m gonna double my money and things will still be about average. Sounds ok to me!

[Anonymous No.25636200]

Don't cuck out before the moon mission boyos

[Anonymous No.25636241]

I'm starting to think crypto kids were right all along. When will we moon?

[Anonymous No.25636350]

>>25636241
We're mooning right now anon. PM isn't a shitcoin so it won't moon in a day. Our moon mission will take anywhere from 10 months to 10 years... so sit back relax and enjoy the ride

[Anonymous No.25636415]

Just wanted to say that the Aurcana dilution is really fucking me mentally. Aurcana is one of my largest silver plays due to the fact that the project is in safe jurisdiction and you can just see how excited everyone is about starting up the mine again. The attitude of locals is extremely positive which I consider as a huge advantage for Aurcana compared to many peers. But this...the financing was supposed to be secured until startup and now out of nowhere they are diluting again? Like what the fuck is this management? I really wanted to see this project succeed but I don't know anymore this management has to be one of the worst in the business.

[Anonymous No.25636500]

>>25636200
lol, this ride never ends

[Anonymous No.25636625]

>>25636415
I said it last thread but I want to repeat: this is probably better for the company in the long term. Their financing deal is really awful, look at their newest SEDAR -- they might have to end up paying like $80M in the worst case, they definitely want to get rid of that cancer ASAP. Also more working capital can go a long way if a deflationary downturn happens this year

[Anonymous No.25636684]

>>25636625
Maybe so but where is the communication? If the CEO said these things it would be much more acceptable. Because right now it frankly seems that the management is just fucking investors and lying to them by telling that financing is secured only to get diluted again.

[Anonymous No.25636718]

>>25636684
They definitely are awful at IR. Some kind of statement for shareholders would go a long way. Send them an email and ask?

[Anonymous No.25636735]

I'm seriously thinking about smelting some scrap silver like getting a cheap small Crucible and a Ingot mold off of eBay and a Mapp torch do you guys think it's a good idea

[Anonymous No.25636765]

>>25636735
Sounds like fun, go for it!

[Anonymous No.25636845]

>>25636735
A lot goes into that. A fun learning experience

[Anonymous No.25636874]

>>25636735
I use propane but whatever works for you

[Anonymous No.25636984]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/525-tsx-venture/aun/90660-aurcana-announces-non-brokered-private-placement-of-up-to-c-15-million-with-a-lead-order-from-palisades-goldcorp-ltd.html


Aurcana bros today is not a good day.

We got diluted

[Anonymous No.25637030]

>>25636984
yup, check >>25629866 and discussion

[Anonymous No.25637104]

why is gold going up?

[Anonymous No.25637278]

>>25635837
Shes back!!

[Anonymous No.25637372]

>>25635709
Hey Bros, I am buying metals tomorrow for the first time. Should I go gold or silver? Both will probably be better than having fiat in the future, what should I get into and why? Thanks in advance!

[Anonymous No.25637450]

>>25635837

[Anonymous No.25637475]

>>25637372
I'd buy both gold and silver maybe in 1:100 ratio meaning for 1 oz of gold get 100 oz silver. Favor 1oz size for coins and bars due to smallest premiums and best liquidity. Don't fall for the numismatic trap, i.e. see that the price is close to the current market price and don't pay any premium for any "fancy" design.

[Anonymous No.25637492]

>>25637372
Ideally both, but if it's less than a couple thousand $ you're starting with, just go with silver for now. Maples, eagles, Britannias or Krugs, get whichever is available and cheapeast. Pay in cash or crypto with no paper trail, if possible. Congrats you now have real money for the first time

[Anonymous No.25637534]

>>25637475
Acceptable premiums range from a few percent to maybe 10% depending on the market situation. However, do note that there will always be a small premium when buying physical metal since that is the profit what keeps the dealer in business.

[Anonymous No.25638134]

>>25636415
Same here fren, i'm fucking salty they did this without a warning, and those fuckers even waited just after the close to announce it. It fucking reek of cheap scam artistery. How are they supposed to build confidence acting like kike scumbags just before PMs start to rally once again?
Personally i'll be selling right at the opening, don't wanna take the risk to see how low it will go or how long it will take to recover. I'll probably put the money in more solid stuff like hecla, impact and AG.

Seriously, fuck kikecana.

[Anonymous No.25638149]

What's good niggas.. yall making gains despite what's going on today?

World steel shortage continuing. CLF finished 2nd M&A with ArcelorMittal USA in December.. pro-forma revenues with the new Cliffs is at 17b... so mkt cap is sitting under 1/2th the revenue CLF bringing in now

Compare this to Tesla which is trading at 1500 times earnings.

Long CLF. Don't miss this steel supercycle

Last time Iron was priced like this CLF went to $120. Did I mention CLF generated half its mkt cap in earnings for Q3? 1.65b revenue to 3b mkt cap.. 5th earnings beat in a row 6
6th EPS beat on the way next earnings call in February

Don't miss this shit boys.. Big Tech is rotating to Big Steel.

Invest in America!

https://stocktwits.com/symbol/CLF

[Anonymous No.25638298]

>>25638149
I got 30 more shares after buying the first 5 ones for memes. One of the few things that are in green in my portfolio today. Although I'm afraid Biden will import cheap steel from china.

[Anonymous No.25638308]

I just came here to post how much I hate you fuckers. You convinced me to stack silver last year and all your theorys have come as true as Trump's election bullshit. I should have gone into crypto. I should have ignored all you fucking morons.
>Oh JP Morgan is going to lose control
>Silver is going to go to $50/oz
Fuck all of you. I have gotten so utterly blown out by bitcoin by listening to you.

[Anonymous No.25638320]

>>25638149
>buy the top goy!
No, fuck off nigger, and stop fucking shilling your CLF bags in every thread 24/7 you filthy faggot.

>Invest in America!
The 3rd world banana republic? The israelian colony plunging in a police state dystopia on the brink of having a racial civil war? The country where westpoint promotion 2019 look like pic rel and about to spend another trillion USD in the middle east for the greater israel? The country who literally created thousands of mind kontrol sex slaves using satanic ritual abuse as a trauma basis on kids? This america you mean?

[Anonymous No.25638332]

>>25638149
>Invest in America!
Fucking why? China just won the war.

[Anonymous No.25638439]

I bought my first miners today, /pmg/. The crypto bubble is going to burst and gold is possibly the most undervalued asset on the planet at the moment. Hasn't even beat the monetary base in gains. 2021 is the year of gold.

[Anonymous No.25638448]

>>25638320
Yeah, I have a feeling that tables will turn and soon USA will be offering cheap labour to China.

[Anonymous No.25638466]

>>25638149
>Invest in America!
>Invest in a country where the 'elite' actively promote and finance the genocide of the white race!
Not sure it's the greatest line you could add to shill your product after what happened yesterday.

[Anonymous No.25638479]

>>25638439
Based dragon

[Anonymous No.25638490]

>>25638320
Based

[Anonymous No.25638496]

>>25635709
I’m so sick of seeing black people buy 300,000 dollar chains when I could buy bricks of gold for that

[Anonymous No.25638535]

>>25638439
Hear hear. My only regret is that I underestimated and neglected this crypto bubble. I just didn't think another 2017 like bubble was able to form considering the already enormous market cap of the crypto space and also that btc had already failed as a currency and everyone knows this. I didn't think that this digital gold meme would actually revive the dead boomer coin but it seems that it did and I was wrong. Hindsight is 20-20 but the best move would have obviously been to ride this crypto bubble and convert it now to PMs, other commodities and miners.

[Anonymous No.25638540]

>>25638439
Congrats anon, but if i were you i wouldn't rush it, the coming days will probably be bearish for a lot of reasons. It's definitely the right move to do, but imho you'll have access to more cheapies in few days. Don't hesitate to ask for help if you have any question, a lot of pros in /pmg/ can guide you!

[Anonymous No.25638543]

>>25638439
>The crypto bubble is going to burst and gold is possibly the most undervalued asset on the planet at the moment.
Completely and utterly laughably wrong. TPTB want crypto to do what it is doing. They also have gold entirely under control. You are betting against powers far more powerful than the fed. Good luck with that.

[Anonymous No.25638598]

>>25638496
>I’m so sick of seeing black people
ftfy

[Anonymous No.25638614]

>>25638439
For the last time, crypto is speculative. Much of it just tracks the indexes. It is an alternative to SPY. Gold's major "competitor" are treasuries.
There was perhaps some speculation to be had on silver but gains now are primarily driven by printing.

[Anonymous No.25638620]

>>25638543
Based and blackpilled

[Anonymous No.25638686]

>>25638614
>There was perhaps some speculation to be had on silver but gains now are primarily driven by printing.
The entire silver speculative thesis failed. Nothing predicted came to pass.

[Anonymous No.25638722]

>>25638686
Bullish

[Anonymous No.25638721]

The entire economic system is on the brink of collapse and gold is down on the day. meanwhile, bitcoin, a literal ponzi scheme shitcoin with no inherent value, is soaring to new highs. I have been successfully demoralised lads. i hate this clown world. sometimes i just want to blow my head off and be done with it.

[Anonymous No.25638737]

>>25638686
>entire silver speculative case failed
Up over 40% year over year. Ok crypto zoom zoom. Please go to any of the 100 active crypto related threads.

[Anonymous No.25638774]

>>25638721
It's all so tiresome. I am right there with you pal.

[Anonymous No.25638783]

>>25638737
Fuck off and go away. 6 months ago this general was full of calls to $50/oz and that JPM was going to lose control. Guess where we are at? Mid $20/oz with seemingly no ability to break out, just like then.

[Anonymous No.25638841]

>>25638721
You have all the pieces right there. It's on the brink of the collapse, the schemes are just ploys to stave off the collapse. Every day longer at this point is another percentage point gain on your stack after SHTF, especially as PMs get cheaper and cheaper as prices inflate around them

[Anonymous No.25638858]

>>25638620
Real talk? Are you retarded, because if you are retarded I am going to feel bad.

Okay your picture is fucking stupid because here is what is important. How much do you have to work for an ounce of silver. Not how much fiat it costs or can be traded for, how much of your life do you have to spend to get it. Wages rise with inflation too.

[Anonymous No.25638872]

>>25638721
You have all the pieces right there. It's on the brink of the collapse, the schemes are just ploys to stave off the collapse. Every day longer at this point is another percentage point gain on your stack after SHTF, especially if you keep stacking as PMs get cheaper and cheaper as prices inflate around them

[Anonymous No.25638880]

>>25638783
Again PMs are not a shitcoin to appreciate or depreciate 100% in a week because they actually have real demand and their price is not purely speculation. Are you also mad that all the link 1k eoy and xrp 2k eoy predictions didn't come to pass? In silver you made almost 50% gains in one year with very limited downside risk. In gold you made 20% with practically 0 downside risk. In your favorite shitcoin you can make 10x gains but you can also lose 90% of your investment. It's a whole different ball game.

[Anonymous No.25639008]

Dug up my stash of Gold, it has this tarnish on the back after a year, was sitting directly inside a tin cookie jar wrapped in plastic

Will this affect my value? How do i fix it? Not selling just want to know what i need to do

[Anonymous No.25639214]

Hi pmg, was doing some research on any other potential investments except my crypto and stocks and I've checked the Gold Price Chart.
Now here is what I don't understand, why it always moves down like this? Straight lines as if the entire continent decided to sell at the same time. Doesn't look like a good investment or store of value to me. Gold is worth as much today as it was almost a year ago. Even shitstocks are better when compared.

[Anonymous No.25639227]

>>25639008
Did you not ask these questions a couple months back?

[Anonymous No.25639246]

>>25639214
That y axis is horrendous

[Anonymous No.25639266]

>>25639214
>Straight lines as if the entire continent decided to sell at the same time.
Short calls manipulation. The two most manipulated assets on the planet are gold and silver, simply because they threaten the worldwide fiat currencies ponzi scam just by existing.

[Anonymous No.25639406]

>>25636415
OH my God. My aurcana came into my room with a plate of chicken tenders and I slapped the plate out of her hand and screamed at her. How can this be guys? I'm literally shaking. I thought the loan was financed? I thought they had 39 million ounces???

Look dude. Aurcana is not what you guys think it is. They got 30 million ounces. It's not Jack shit. It's the same thing as bayhorse. You faggots are clinging on to meme stocks because you're desperate and too lazy to DD. You get emotionally attached to shit. Bayhorse and Aurcana. It's the same onions investment. There's plenty of other good ones. I got Aurcana too after I saw they took out the loan but it was only a couple hundred bucks.

[Anonymous No.25639438]

>>25638149
Biden is going to fuck that investment. We will be having Chinese steel that we don't own and we will be happy.

[Anonymous No.25639446]

>>25639227
I did senpai, but i left the thread for work and forgot to read them

[Anonymous No.25639461]

>>25638308
If you stacked crypto at that time you'd be up about 30%. I'm up 100% of some of my miners and 30% on most.

[Anonymous No.25639515]

>>25639438
Why would Biden have anything to do with it?
Congress passes infrastructure bills and the pork will require domestic sourcing.
The bigger problem is that Congress failed to pass an infrastructure bill under Clinton, Bush, Obama, AND Trump. Can still swing on steel prices as is and infrastructure memes in a few weeks or so.

[Anonymous No.25639542]

>>25639515
Think about where steel was before trump came into office. It was all Chinese. American steel was done. It was all outsourced. Steel manufacturing was basically shut down. Biden will continue the same policies.

[Anonymous No.25639707]

>>25639542
>Think about where steel was before trump came into office. It was all Chinese. American steel was done. It was all outsourced.
Please don't let political fantasies into this. That just loses money.

[Anonymous No.25639740]

[Anonymous No.25639764]

>>25639740
Paying 397USD and a merc then

[Anonymous No.25639940]

>>25639740
>nearly 40 an oz on 10oz Brit bars
>remember complaining about being unable to find a reasonably priced one back when one would go for $250-$270
Fuckig REEEEEEEEEEEE

[Anonymous No.25640068]

>>25635709
>op
c u t e fever edition

[Anonymous No.25640270]

>>25638721
hang in there frens. we can keep on surviving, do our best for ourselves and our own, and know that we were here to witness the best and the worst of it all, but we stood strong and held onto our own integrity and our honour

[Anonymous No.25640325]

Hey looks like I made a correct prediction for once

[Anonymous No.25640441]

>>25640325
I don't even really understand what I was thinking but the fundamentals are all that matter anyway. TA is bunk

[Anonymous No.25640632]

Ah, do you remember this feel bros? It will be ours again soon

[Anonymous No.25640687]

>>25635709
>Yellow Fever Edition
Will never have super desu kawaii Japanese Office Lady waifu.
why even live?
life is already complete unsatisfaction because of this. nothing else matters.

[Anonymous No.25640940]

>>25640687
Based

[Anonymous No.25641153]

>>25640940
>>25640687
My brother from another mother.

[Anonymous No.25641280]

>>25640687
pls gib azn office qt

[Anonymous No.25641516]

[Anonymous No.25641549]

>>25640687
rent in outskirts of tokyo is 400-600 a month
30 minute train ride
enjoy your nippon office poon

[Anonymous No.25641720]

What dApps are you high on this year? Things like crypto kitties were great for early users, but ended up being massive scams.

What are you hoping will turn out good in terms of either gameplay or ROI?

[Anonymous No.25641816]

>>25641720

[Anonymous No.25642040]

What do you think about stacking palladium? I think the palladium eagle is so beautiful but will it be a worthwhile investment? I could get 1 1/2oz of gold for the same price as 1oz of palladium.

[Anonymous No.25642091]

>>25636415
Don't let it get to you bro, sure it's a kick in the nuts, but increasing silver prices can easily offset this. I put $2,950 in back in August and am up around 50% right now and sitting tight

[Anonymous No.25642371]

>>25636415
>>25638134
>>25639406

See my posts in the previous thread about Aurcana. Have been warning about it for months.

"Silver anon here. I have been warning about Aurcana constantly in these threads, for months on end. Have got into countless arguments about it with many different people. Usually, the same people who love Aurcana are the ones who also hate Bayhorse, strangely enough. I have pointed out time and time again the horrible record of that company, and advised people to go with Bluestone Resources as a near-term producer instead. I have pointed out that AUN ruined their shareholders before with the Ouray Disaster, cutting the share price by 75%, and that they didn't communicate with their shareholders for years on end."

"Forgot to mention also the fact that Sprott still shuns them. Also there is the consideration that AUN doesn't have a very large deposit. It is high grade, but not very large. I'm not even sure how many square km of land they own."

"One stock which everybody agrees does have a good management team is BSR, run by the prestigious Lundin family, which is why I said that it is a good alternative to Aurcana. They are a near-term producer of an equivalent mcap, and BSR has also found really high silver grades. Although BSR, which used to be cheaper than Aurcana, is now 15% higher, so the "equivalent mcap" is becoming less and less true as time goes on."

"Also, it just occurred to me, why would somebody choose Aurcana over Nicola Mining? As far as I know, Aurcana has 30 million ounces, but so does Nicola Mining. And yet the Nicola Mining mcap is only 1/7th the size of that of Aurcana. Treasure Mountain silver mine is permitted, and Nicola has a permitted mill; they can also process feedstock from other gold companies rather than dilute their shareholders."

[Anonymous No.25642412]

I have a feeling that the markets are going to be down today and thus miners may be on sale. Perhaps one of the last times to make entries or bolster positions at a discount. What miners are we looking at today?

[Anonymous No.25642445]

>>25636415
>>25638134
>>25639406

See my posts in the previous thread about Aurcana. Have been warning about it for months.

Summary: AUN ruined their shareholders a few years ago in a despicable way, reducing the stock price by 75%. Management is the same. Sprott shunned them then and still shuns them now. They also didn't communicate with their shareholders for years. The deposit is small (only 30 million ounces). Compare with Nicola Mining. "As far as I know, Aurcana has 30 million ounces, but so does Nicola Mining. The Nicola Mining mcap is only 1/7th the size of that of Aurcana. Treasure Mountain silver mine is permitted, and Nicola has a permitted mill; they can also process feedstock from other gold companies rather than dilute their shareholders." Also: "One stock which everybody agrees does have a good management team is BSR, run by the prestigious Lundin family, which is why I said that it is a good alternative to Aurcana. They are a near-term producer of an equivalent mcap, and BSR has also found really high silver grades. Although BSR, which used to be cheaper than Aurcana, is now 15% higher, so the "equivalent mcap" is becoming less and less true as time goes on."

[Anonymous No.25642626]

>>25642445
Between Aurcana, Equity Metals, and your warning about Blind Creek yesterday, I’m realizing how important that competent, trustworthy, and engaged management is more important than I thought. Rick Rule has said he would have made more money over the years had he just invested in the management teams he liked and trusted, instead of prioritizing other factors like deposits in the ground. But the question that plagues me: how do you ascertain the quality of management when literally every mining company’s corporate presentation boasts of “highly respected” geo’s and leadership with “decades of experience”? Surely not everyone in the industry is highly respected!

[Anonymous No.25642671]

>>25642445
Instead of FUD-ing why not tell the truth? Sprott sued Aurcana back in '11 when Aurcana was run by a beaner CEO and Sprott lost, big

[Anonymous No.25642957]

>>25641549
>rent in outskirts of tokyo is 400-600 a month
big if true
how can i, as a burger, move to Tokyo to spend the rest of my days living and working the otaku dream life in Glorious Japan?

[Anonymous No.25643259]

>>25642957
fuck off burger, go worship niggers and trannies

[Anonymous No.25643417]

>>25642671

He said in December 2019 that he would never touch Aurcana, and he continues to shun it today.

>>25642626

It helps when management has had a previous history of success, e. g. the Lundin family with respect to BSR. Also when you see constant insider buying; that was one of the main things which attracted me to ELO. But I think that the really important thing is simply that the management have good intentions, and not be predators. The whining in the CCW or BHS chats, for example, has never put me off, because I can see that Basa and O'Neil are simply misguided or enthusiastic. I know that they would never behave like the Blind Creek management. This recent comment by @HDLR is one of the main reasons why I decided to double down on my SSE investment:

"@HDLR @oldbanker | thank you for the chart and the optimism! I like the recent news and development. CEO Brian is super nice gentleman - I miscalculated time zone, called at his time around 830pm and he answered my call and we talked for almost 1 hour! ...so impressed with the kind attention they gave to a small individual investor like me... This hard working and down to the earth management team definitely have my respect."

Making an assessment of management can be difficult, because everybody always whines about management when the share price is going down. They are even doing it in the Irving Resources chat. Compare with e. g. KS, a complete ghost, but nobody is complaining about management there simply because the share price is going up.

[Anonymous No.25643695]

>>25639266
Checked

[Anonymous No.25643783]

>>25643417
I actually sold some Defiance yesterday to bolster my SSE position. But these are great points. Being transparent seems like the biggest one aside from insider buying. I have looked at many junior mining stocks on CEO and some are literally releasing NR’s monthly while others go many months without a hint of information for shareholders and don’t even respond to emails. I believe it was either yourself or another PMG poster who said that geos don’t make good ceo’s because they sometimes focus too much on the mining aspect and neglect the business and shareholders aspects of running a company. All things to consider when looking at a mining company. (That is, if you have any dry powder left to buy into new companies).

[Anonymous No.25643964]

Yeah

[Anonymous No.25643967]

>>25643783

Thank you for your many interesting thoughts.

>I believe it was either yourself or another PMG poster who said that geos don’t make good ceo’s because they sometimes focus too much on the mining aspect and neglect the business and shareholders aspects of running a company.

I didn't make this point, but have seen it made in the Vangold chat recently. The CEO, James, is a businessman, not a mining person, and yet he made one of the best deals a junior mining company has ever done. The same consideration is what may make the history of Rig Vana (CEO of Blue Lagoon) a strength rather than a weakness, that he was highly successful in running companies outside the mining business.

[Anonymous No.25643981]

>>25638134
Hecla isn't going anywhere under $5 again is it? It's one I've been eyeing to get in on a dip (that probably isn't coming now).

[Anonymous No.25644026]

>>25643783

Thank you for your many interesting thoughts.

>I believe it was either yourself or another PMG poster who said that geos don’t make good ceo’s because they sometimes focus too much on the mining aspect and neglect the business and shareholders aspects of running a company.

I didn't make this point, but have seen it made in the Vangold chat recently. The CEO, James, is a businessman, not a geo, and yet he made one of the best deals a junior mining company has ever done. The same consideration is what may make the history of Rig Vana (CEO of Blue Lagoon) a strength rather than a weakness, i. e. that he was highly successful in running companies before he entered the mining business, despite not being a geo.

[Anonymous No.25644048]

>Gold ISN'T going to be the 2nd best performing asset of 2021.

https://www.youtube.com/watch?v=l-lPRSaHa3g&t=1

[Anonymous No.25644110]

>>25639438
You will eat the bat and you will be happy!

[Anonymous No.25644179]

>>25642445
I think you are downplaying Aurcana's potential. Yes the share price has ran up significantly but on paper I still see it as a good play - if we ignore the management team for a second. Safe jurisdiction, high grade pure silver play with good exploration potential with all infrastructure in place for production during a silver bullmarket. I mean on paper Aurcana really has everything for exploding share price. You continuously refer to the proven resources of 30 million ounces but if you've looked into the property I'm sure you'd agree that there is a lot of exploration potential. If silver keeps running up as we believe there is for sure more to mine than the current 30 million ounces. I would still be extremely bullish was it not for this news of dilution.

[Anonymous No.25644286]

>>25644026
By the way, I’ve been getting a friend into mining stocks, and he is curious about the “silver penny stocks went 150x in the 1960’s bull market.” He isn’t questioning the veracity of the statement, but is more interested in the details and where to read more about this. I know you hate quoted a statement like this from one of Doug Casey’s books, but where did Casey find that information? Is there historical stock price data for the mining industry that goes back that far? In my brief attempt to search for it, I haven’t uncovered anything. Was wondering if you could shed some more light on the type of mining companies that went 150x, how long they stayed there, etc. so I could pass along to my friend, who is optimistic but cautious about investing in mining. Thank you.

[Anonymous No.25644315]

not too late bros

[Anonymous No.25644418]

>>25644315
What is this ratio? Is it based on market cap?

[Anonymous No.25644450]

>>25638721
Be glad. WHEN Bitcoin collapses, PM's will moon. We still have cheapies for now.

[Anonymous No.25644451]

>>25644418
it's how many ounces of gold you can buy with the price of buttcorn

[Anonymous No.25644467]

>>25644286

The book from Casey is called "Crisis Investing," unfortunately I don't have a copy so can't get the citation. But I know of an academic article, written by one Laura Arksay, which corroborates it. She has many sources.

https://www.historylink.org/File/8883

"Benjamin A. Harrison and Harry F. Magnuson. These two were able to take advantage of the silver boom of the 1960s, during which the average penny stock appreciated 160 times. Participation in the Spokane Stock Exchange was vast, with more than 100,000 investors from all 50 states and many foreign countries. Barron's declared “Speculators in silver stocks have struck it rich in Spokane,” and the Seattle Post Intelligencer called Spokane “the speculative darling of the industry” (Fahey, 121). Harrison’s obituary describes him as “president of the Spokane Stock Exchange for 12 years ... and its most knowledgeable mining stock broker. ... The mining stocks Mr. Harrison traded brought immense wealth to northeastern Washington and northern Idaho” (The Seattle Times)."

>>25644179

If AUN actually did get into production then it would obviously soar in a silver bull market. But at a $268 million mcap the bet is on the management executing their plans, rather than the ounces in the ground. I never understood the appeal of buying a stock where you bet on management, if management has a history of predatory behaviour. Also, I don't see why somebody would choose AUN over NIM, as I said in the previous thread? NIM has 30 million high-grade silver ounces as well, and their silver mine is permitted, and they own their own permitted mill, and yet the mcap is only 1/7th the size that of Aurcana. NIM also has the highest-grade copper mine in North American History, a high-grade gold property, and owns the only mill in the area for hundreds of junior mining companies to use. Seems as if people are simply buying Aurcana because it is advertised everywhere? But I would rather buy something undervalued.

[Anonymous No.25644693]

>>25644467
I need to look into NIM it sounds interesting. Regarding AUN it's all about getting the mine started and producing positive cash flow which shouldn't be too far away. At that point there should be no fear of dilution either.

[Anonymous No.25644785]

>>25638598
Based

[Anonymous No.25645158]

>>25644467
Why didn't you have NIM mentioned in the sitfolio you posted in this >>25642445 message? What has changed since then or did you just discover the company afterwards?

[Anonymous No.25645285]

tfw sold AUNFF @ .84 on the open and it got filled

[Anonymous No.25645352]

Intersting how a 9% dilution leads to about a 9% drop(11% right now but its close enough)

[Anonymous No.25645364]

I'm new to /pmg/ and have been lurking a bit. Just got my first 15g of gold. I have a few questions if anon can help.
>why isn't apmex reccommended as a gold dealer
>what are the best forms in your opinion to gather gold.
My research leads me to Krugerrands and bars from pamp/apmex
>how much to you have in gold as a % of your port?

t. 500k in equity and scared shitless rn

[Anonymous No.25645416]

>>25645285
Noone want to sell me bllg @0.60

[Anonymous No.25645437]

>>25645158

NIM is one of the latest additions to my portfolio. Did know about them a few months ago, but didn't introduce them to /pmg/ or buy them because I had not done enough research. This is the post where I first brought them up to Pan Man. Share price is now 36% higher. (Market is about to open however so that may change.)

[Anonymous No.25645440]

>>25645285
I decided to sell as well at 1.04 CAD.

[Anonymous No.25645441]

>>25644451
1 btc = about 18 oz rn

[Anonymous No.25645464]

>>25645416
Guess NIM it is

[Anonymous No.25645500]

I really hope there are cheapies in the coming days, bros, because I can buy one time and then I have to wait until March or so...
My cart total is going up and down all day REEEE

I know it's not important in the long run, but petty as it is, I just want to offset the shipping

[Anonymous No.25645510]

>>25645464
Nah it was bllg or irv. Still hesitant.

[Anonymous No.25645535]

>>25645510
BLLG is .49 on OTC markets. Guessing you're trading CAD if its .6. Just set a limit and forget, these markets are all over the place

[Anonymous No.25645609]

So, what caused the Pure Gold sell off?

[Anonymous No.25645657]

What's good niggas.. yall making gains despite what's going on today??

World steel shortage continuing. CLF finished 2nd M&A with ArcelorMittal USA in December.. pro-forma revenues with the new Cliffs is at 17b... so mkt cap is sitting under 1/2th the revenue CLF bringing in now

Compare this to Tesla which is trading at 1500 times earnings.

Long CLF. Don't miss this steel supercycle

Last time Iron was priced like this CLF went to $120. Did I mention CLF generated half its mkt cap in earnings for Q3? 1.65b revenue to 3b mkt cap.. 5th earnings beat in a row 6
6th EPS beat on the way next earnings call in February

Don't miss this shit boys.. Big Tech is rotating to Big Steel.

Invest in America!!!!

https://stocktwits.com/symbol/CLF

[Anonymous No.25645689]

Say, if you wanted to buy miner stocks at set time intervals like monthly irrespective of price, what would you buy? ETF, a group of stocks, single company? I don't want to bother with trying to time the market

[Anonymous No.25645851]

>>25645437
Thank you for the reply. The recent run up in price makes me a bit hesitant but I really need to find some replacement now that I sold my Aurcana bags that I was not planning to sell for a long time. A lot of cash to put somewhere.

[Anonymous No.25645877]

>>25645364
Are you black?

[Anonymous No.25645908]

>>25645877
No thats just a google pic of the hyperinflation in zimbabwe. I am a potatonigger (irish/slav/kraut).

[Anonymous No.25645961]

I expected some decent pumping with the confirmation of Biden win and dems taking the senate, shouldn't that next stimulus bill be right around the corner?

[Anonymous No.25645966]

>>25635709
I thought /biz/ was made up of kikecoin enthusiasts, nice to see some ''boomer shiny rock'' fellas here.

[Anonymous No.25646066]

>>25645437
Just copped 31,000 NIM. Seems like a steal at this market cap.

[Anonymous No.25646098]

>>25645851

If the NR which they just released doesn't make the share price run up today, then I think that Blue Lagoon Resources (BLLG) is still dirt-cheap right now. High-grade silver and gold, silver is 2:1 with gold, $2 billion in copper, all the permits for mining, endorsed by Bob Moriarty, liked by all the silver Youtubers, severely oversold and undervalued, CEO charismatic and previously successful in business, property had $68 million spent on the project by the previous owners and was developed 99% by them even though the mcap is only $43 million now.

[Anonymous No.25646150]

After selling AUN, seems like NIM is my largest position. Man that seems fucky bc it's probably the small cap in my portfolio but Man do I wanna get more

[Anonymous No.25646163]

>>25645966
Junior mining stocks are not that different to the kikecoins. Well, except that they are real.

[Anonymous No.25646279]

>>25646098
Silver miner bro, i know you are all in silver miners, but do you have any attraction towards the uranium sector? I'm really bullish on uranium and want to capitalise on it in the same way i have been with your recommendations on silver (thanks btw) by buying small caps with great assets, capital and management. I think theres insane money to be made here. A few uranium stocks went up over 1000x last bull market.

[Anonymous No.25646322]

>>25644467
Thank you. I’ll share this information. I’m actually trying to track down a copy of this Casey book. 150x across the entire spectrum of mining penny stocks must obviously have included some companies that were less than stellar. So just by doing diligence and investing only in the companies that have verified ounces in the ground, little debt, money in the bank, and trustworthy management should push that 150x higher in this current bull market if the circumstances repeat themselves. But similar circumstances should be a baseline expectation seeing as how silver is expected to go much higher than a mere double. A complicating factor, however, is cryptocurrency and BTC, but if or when that bubble pops, the land rush of capital into the mining industry should be pretty astronomical compared to what flowed into the industry back in the 60’s and 70’s. I remain very bullish.

[Anonymous No.25646352]

>>25646098
What news release are you talking about? I went to their website and the latest release is from december 14th? Also I already have a BLLG bag. Saw it shilled here the other day, did my DD and took a position. The stock really is bound for a reversal in price the current valuation makes absolutely no sense unless everything the CEO has ever said turns out to be a lie.

[Anonymous No.25646393]

>>25645609
>>25646098
Spare a pittance for my ignorance pretty please anon?

[Anonymous No.25646451]

>>25646279

I know that Rick Rule likes uranium a lot. I stick 100% to silver miners simply because I am 100% confident in the silver investment thesis, and making 150-1000x would make enough money for ten life-times. It doesn't seem necessary to diversify when, from my point of view, silver miners are a sure thing, and would already provide more than I could ever need or want. Diversification would only be necessary if I doubted myself, and I don't.

[Anonymous No.25646452]

>>25645609
manipulation. cant have gold pumping with all this political instability. it might look like theres a flaw in the system or something!

[Anonymous No.25646490]

>>25645609
It was way overbought. The run up you saw before the peak was the production being priced in. By the time they were producing(by christmas i think) the stock was already overbought.

[Anonymous No.25646539]

>>25646451
based as always. just thought id check.

[Anonymous No.25646564]

>>25646322
Not to FUD, but PM boomers have expected gold and silver to double for ages. I remain cautiously optimistic.

[Anonymous No.25646577]

>>25646352

I only just saw an NR in the ceo.ca feed, have not had a look at it yet:

"Blue Lagoon's 2020 Drill Program Confirms Boulder Vein Open at Depth and Extends Further to the East"

https://ceo.ca/@accesswire/blue-lagoons-2020-drill-program-confirms-boulder-vein

Only reason I can think for the BLLG share price being so low is the relatively small resource estimate. But as Pan Man has said, that property is full of ore. It is 90% unexplored, and the company has the cash to go and prove the gold and silver in the ground.

>>25646393

Sorry, I don't buy gold companies or large caps so don't know much about them. But hiU0IfWZ is probably right.

[Anonymous No.25646641]

>>25646577
Silver anon, do you have any idea how much more the dilution will affect aurcana? My folio was way over-weighted AUN and I managed to sell most of it @ .84 USD. I guess i'm just looking for a new entry. Any insight?

[Anonymous No.25646664]

>>25646490
>>25646452
Thanks anons. The current stock price is a good entry point, right? At least, going by my TA. They're all good on the macro end from what I've seen.

[Anonymous No.25646769]

>>25646664
Refer to the mining lifecycle. I would say that right now the biggest things that would affect their share price is: New discoveries on their property OR rising gold price. The future growth in share price might be slower than before(bc before the value of production was being priced in, now its already priced in and all thats left is gold price & discoveries)

[Anonymous No.25646826]

>>25646641

I was only willing to buy Aurcana when the market cap was $60 million. For 30 million high-grade ounces, that valuation was ridiculous. When it tripled I stopped bringing it up here, and as soon as it quadrupled I told people to sell. I'd only be willing to buy Aurcana if it crashed right down again and I was only paying for the resources in the ground.

[Anonymous No.25646954]

>>25646826
what about production? I guess the reason I bought them was bc I anticipated a PGM style raise by Q4 21, bc PGM just recently got into production. However now I'm not so sure that the comparison is accurate

[Anonymous No.25647002]

How long are PMs going to crab?

[Anonymous No.25647033]

>>25646826
>>25646641

By the way, somebody just pointed this out on ceo.ca:

" Fully diluted shares are now 357 mio shares giving a 392 mio Mcap with the current share price."

That market cap is so ridiculously high. Why would somebody not simply buy Alexco at this point? In fact, that market cap is the same as _Great Panther_, which is actually producing silver and trading at a 4x cash flow valuation!

>>25646954

Look into Alexco for another near-term silver producer in the same jurisdiction, much better resources and property, much better management.

[Anonymous No.25647075]

>>25643259
r u d e

[Anonymous No.25647417]

Blue Lagoon share price just spiked.

[Anonymous No.25647526]

>>25639008
It will not affect the value of your gold. If it really bothers you, you can try using acetone (the active ingredient in nail polish remover) and see if it can remove the tarnish. If it doesn't, try using hydrochloric acid. Gold does not dissolve in either of those two substances (you'd need aqua regia, a mix of hydrochloric acid and nitric acid) so the ingot will be safe. From what I can gather, though, the mark on your gold looks like a copper impurity which will only come out with an acid like hydrochloric.

However, maybe you should just leave the tarnish there. It does not affect the value of the gold and you will not lose any gold through rusting/corrosion since gold doesn't rust.

[Anonymous No.25647673]

Gold and the US 10-year treasury are very correlated. However, these two assets will diverge when confidence in the US dollar starts to wane as foreigners begin to settle transactions in other currencies (Euros, Yen, Yuan, EM currencies).

The dollar standard is on its death throes after March 23rd, it may have one last spike though.

[Anonymous No.25647751]

>>25635709
I sold all my gold because it is a shit asset that barely moves in price. Should had not listened to you retards and bought crypto. FUCK BOOMER ROCKS.

[Anonymous No.25647763]

The strange thing about currency devaluations is that you'd think asset prices would increase relative to that currency but this cannot be further from the truth.

Demand for US assets will drop when dollars become cheaper. People will be less and less interested in US stocks and US real estate. This also happened in 2007, and back then the 2-year/10-year spread was widening as treasuries were being sold off. Gold rallied, Silver rallied even more until 2011.

[Anonymous No.25647787]

>>25647033
based and dubs pilled. So i take it that means productions is kind of already priced in haha My funds from my aurcana sale don't clear until monday, so I'll have some time to do some DD. I'll def take a look at GPL or Alexco. Thanks silver miner anon.

[Anonymous No.25647841]

>>25646322

I have heard an anecdote from Mike Maloney that any company with the name "silver" in the name was soaring in the 70s and 80s bull market--even clothing companies. I think the main thing which lends credibility to the 150x figure, is to consider that miners often trade at 30x cash-flow valuations in PM bull markets. Your own find, Starcore, was an example of that according to the chat, and traded at 29x during the last PM bull market. When you look at the annual production of these undervalued producers and calculate the cash flow at $100, $200, $300 silver, then multiply it by 30x, the numbers which you get are utterly astonishing. And of course the explorers are leveraged to the producers, because the producers have to buy them to keep producing. I can find many examples of miners which went 150x even in the 2001-2011 bull market. First Majestic Silver is the quintessential example of that. (See picture.)

>>25647787

You're welcome. Yes, Alexco has production priced in, and you pay a lot more for the stock than you do for Aurcana, but I think that you get quality over quantity. Only reason why I'm not in Alexco is because the mcap is too high for my taste.

[Anonymous No.25647997]

What do you guys think about rare metals such as rhenium and tantalum? They’re cheaper than silver and rarer than gold. Seems like a good investment if new industries require large amounts.

[Anonymous No.25648029]

>>25635709
I would like to tell you guys of a family story about my great-grandfather; and how he earned his small fortune.
I'll try green-texting it as best as I can:
>be me.
>Regular poor farmer.
>Be from poor and mostly agricultural country.
>Tired of clingy gf.
>Afraid she tries to kill me again.
>Enlist myself to the army to escape crazy gf.
>Get detached to African province, after recruitment.
>Before leaving, write a letter to gf and ask if she's pregnant.
>She isn't.
>happy_face.png
>Spend couple of years serving the nation in Africa.
>could_be_worse.jpg
>Done serving minimal time in military.
>Currently poor, jobless and in African colony.
(1/3)

[Anonymous No.25648078]

>>25648029
>Start working in the local ore mine.
>Work is hard but fair, with stable payment.
>Get choice of monthly payment.
>100 Escudos or 1 British Sovereign
>Most colleagues chose the Escudos for daily drinks, smokes and gambling.
>I choose the single Sovereign.
>Get malaria at some point.
>Survive.
>Continue to work after a few more years.
>Sick of African and its weather
>Leave the province with a full bag's worth of golden coins
>Arrive at capital
>1 Sovereign is now worth 250 Escudos
>Sell most of my coins for Escudos
>Go back to my home town as richest man in town
>Marry good wife
>Start buying terrains from polite jews
>Be the envy of the town
>Have hard-working and prosperous life.
(2/3)

[Anonymous No.25648081]

>>25647751
>thinking gold is a speculative asset

[Anonymous No.25648130]

>>25648078
Epilogue:
>some years later
>Felling nostalgic
>Check prices for British Sovereigns
>It's worth 3 times of what I sold it.
>mfw
(3/3)

[Anonymous No.25648410]

>>25648130
no reason to fret my friend. Your smart financial decisions allowed you to be the richest man in town, marry a good wife, and buy terrain. Everything might be different if you didn't sell when you did

[Anonymous No.25648504]

Is it retarded to buy less than 1oz gold coins if it ends up costing more for the same weight, or is it a good idea to have smaller denominations than 1oz?

[Anonymous No.25648550]

>>25644026
Geologists are no better or worse than a non-geologist when it comes to running a mining company. To be certain, a trained and experienced businessman who actually understands bean counting may make better business deals than a geologists. However, what kills small mining companies is typically crappy project management. A company will only make money if it can actually do the nitty gritty of proving the resources in the ground (not too hard, relatively speaking, and this is more reliant on having good or lucky geologists) and/or actually getting the resources out of the ground in a cost effective manner.

[Anonymous No.25648824]

So, if anything, what silver stock should I focus on the most?

[PAN MAN No.25648976]

Well guys, now that Biden is in where do you think the over regulation will start? He wont be nearly as friendly to the resource sector as Trump was thats for sure.

[Anonymous No.25649013]

>>25551604

Aztec doing well today, up over 10%

[Anonymous No.25649177]

>>25648410
He always saw that as one of his biggest regrets. Not keeping more coins to sell them later.
>Everything might be different if you didn't sell when you did
You may be right.

[Anonymous No.25649192]

>>25648976
Doesn’t it take years for new industry regulations to be drafted and passed into legislation? I would imagine that the natural resource sectors are probably safe for at least the next year. I’m not sure what there is to regulate, anyhow. I mean, how deleterious is mining to the environment, and what could possibly be altered or modified to reduce that?

[Anonymous No.25649311]

>>25648824
Honestly, just stick to physical.

[Anonymous No.25649361]

Buy more of this dip?

[PAN MAN No.25649382]

>>25649192
There is quite a bit of junk regulation already on the US books so I am sure the Biden admin can add in more, but your right it probably wont be right off the bat. His admin though will probably be making it a lot harder up and coming companies to get into production.

[Anonymous No.25649571]

>>25638308
silver has 2x'd from last January what are you talking about? how did you lose money

bitcoin is btfo every asset you could literally say that about anything

[Anonymous No.25649867]

>AUN is down -18% since opening
Phew, glad i listened to myself for once >>25638134
Dodged a megabullet there.
Fuck Aurcana, never again i'll hold this scamcoin.

[Anonymous No.25649955]

>>25645908
APMEX is trustworthy but their prices are higher than some of the other major bullion dealers. As for how much of your portfolio to put into gold, I'd say put 20% of your *cash* into gold. The gold will hedge a currency crisis. As for how much of your net worth should be in gold, I'd say anywhere from 5% to 25%. Gold is priced high right now so it's possible that if you buy now, it'll drop 20% or so. Of course, it's also possible that gold never falls below $1,800 again. I don't know and neither does anyone else.

[Anonymous No.25650056]

>>25638308

Physical metal is a way to preserve gains, not to speculate. You buy metal to realize your purchasing power and make it permanent. (Granted, I do expect silver to go 20-40x as soon as the COMEX breaks.) Tesla is up nearly 10x since December 2019. Why aren't you complaining that you didn't buy Tesla instead of Bitcoin? Both Tesla and Bitcoin are speculative assets and intrinsically worthless. If you want to speculate, better to buy mining stocks than Bitcoin. Many mining stocks have outperformed Bitcoin, and this miner bull market is only just beginning. For example, Eloro Resources is up 800% since Jan. of last year. Miners are still more undervalued than at almost any other time in history, and can only higher as gold and silver go up. Not only will miners outperform Bitcoin in the short-term, but you are far safer in miners, because, when the system collapses, and gold is adopted by the Asian nations as money again, BTC will go to zero, while miners will soar. I know that I can make 150x in silver juniors. I know that silver is a sure thing. Bitcoin will be lucky if it doubles from here, and might collapse at any moment. I don't need Bitcoin for anything.

[Anonymous No.25650354]

I need a near term producer :'( Just emptied my aurcana bags and I'm not sure what to add. Maybe BLLG. CKG is being shilled hard by @pirate on ceo.ca

[Anonymous No.25650657]

>>25648976
Biden and his cronies are utterly corrupt and will be easily bribable. I do not see any sort of real regulation in the mining industry, especially if they push their idiotic Green New Deal. Where are all the raw materials going to come from if they are not mined? If they don't understand that, they'll eventually get punched in the face by reality.

[Anonymous No.25650710]

>>25635998
There will be seething sounds when 1 BTC can buy 1kg of gold

[Anonymous No.25650746]

>>25650354
Look into Starcore.

[Anonymous No.25651001]

>>25648976
>now that Biden is in
Lets wait a while and see if he actually gets in

[Anonymous No.25651060]

>>25651001
Oh, please. Who are you kidding?

[Anonymous No.25651141]

>>25651001
The Biden team is in. If there is any question about Joe Biden being president, it is whether he'll be healthy enough to assume the role. If he isn't, it'll be Kamala Harris.

[Anonymous No.25651603]

>>25650746
>Starcore
>only 227,000 oz
thats a no from me boss man

[Anonymous No.25651681]

>>25638721

[PAN MAN No.25651962]

>>25650354
how near term are to after, Ascot resources is a year or so out from operating their Premier mine.

[Anonymous No.25652262]

>>25651603

Starcore also has 2.2 million silver ounces. The reserves are enough for a 10-year-long bull market. Valuation when compared to cash flow is the most important thing. Starcore is trading at less than 3x cash flow. In miner bull markets, stocks often trade at 30x cash flow. Starcore itself did so before. So that gives Starcore 10x potential even at the current price of the metals. Only reason why I don't own Starcore is because I think that Bayhorse is better, since it is trading at under 1x cash flow if everything goes to plan; but if Bayhorse goes up and Starcore doesn't follow I will reallocate. If you don't like Starcore see Great Panther which I mentioned before, which is at only 4x cash flow and has more reserves.

[Anonymous No.25652330]

Is scrapper anon here? Or anyone saved any of his pictures of like silverware etc? I wanna see them again

[Anonymous No.25652390]

>>25638858
Wages FOLLOW inflation, but never keep pace or lead it. The fact that you had to rush to buy food with your worthless money in Zimbabwe is all the proof of that we need.

[Anonymous No.25652401]

>>25651603
>>25652262

Although you did say "near-term producer" instead of "producer," in which case I think NIM, BLLG, and again BHS are good for sub-$50-million mcaps, or if you want to pay more for less upside and more sureness, BSR at $300 million or Alexco at $550 million.

[Anonymous No.25653099]

Can someone redpill me on the COMEX situation regarding silver? I'm a newbie to PM and keep hearing about this but the info I find is conflicting

I want to buy something like 1000 oz of physical silver..

[Anonymous No.25653127]

Just added some Scottie at a pretty good price

[Anonymous No.25653246]

>>25652401
Just to make sure I have this correct, the value proposition for explorers, as opposed to producers, is that the resources in the ground that explorers own Will be mined and sold at a higher silver price compared to producers, which are actively depleting their resources now at $27 silver price. So for investors looking for the most bang for their buck, explorers who also have the capability to produce later on, or are attractive targets for acquisitions or will sell their projects, are the best play right now?

[Anonymous No.25653456]

>>25653099

You know the spot price which you see on websites like Goldprice or Kitco? That's actually taken from a place called the COMEX, a futures exchange which trades in derivatives. In that market, hundreds of fake, "digital" silver ounces are passed to and fro for every real ounce which truly exists in the vaults. This means that you can dump billions of paper ounces on the market, and crash the price, at any time. The system, however, is like fractional-reserve banking. If enough people took delivery there, the system would immediately collapse. We saw this in the 70s and 80s, when the Hunt Brothers demanded physical delivery, exposed the fraud, and silver reached an inflation-adjusted ATH of $800, at a normal historic GSR of 1:15. The COMEX broke only a couple of years ago in the case of palladium (see chart). It will happen again as the dollar collapses, and there is a run on silver.

The three best places to learn about manipulation are, first, this short video about Andrew Maguire, who is one of the most important people in exposing the fraud:

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

Secondly, this interview with Craig Hemke, Eric Sprott's friend, who has been watching this for years:

https://www.youtube.com/watch?v=9EOPKizJ_Y4&ab_channel=GregHunter

Thirdly, this interview with Bart Chilton, Commissioner at the CFTC, who, in a sort of death-bed confession, exposed the manipulation only weeks before he died:

https://www.youtube.com/watch?v=ShZrgZEq1Yo&ab_channel=ArcadiaEconomics

Finally, this interview with Rob Kientz, an auditor, who explains exactly how the COMEX works and a great deal about its history:

https://www.youtube.com/watch?v=KyAopYlD32k&ab_channel=PalisadesGoldRadio

J. P. Morgan was recently fined a billion dollars for silver manipulation, so none of this is to be regarded any longer as a conspiracy theory.

[Anonymous No.25653669]

600$ on BLLG @0.66 cad filled. Happy, a bit sad couldn't get cheaper but still fine.

[Anonymous No.25653671]

>>25653246
I would say the value proposition for explorers is that the ounces in the ground they own are worth more in relation to the company itself (either they find more than the market anticipates or the market undervalues the company)

[PAN MAN No.25653711]

>>25653127
dam you RBC for being so slow with transfers!

[Anonymous No.25653969]

>>25653456
Wow, thanks for the detailed response man. I'm going to take a deep dive.

[Anonymous No.25654050]

>>25653246

The main reason why explorers have more leverage than producers is because, when a stock begins to become a producer, the idea of production gets priced into the market cap. So you pay more to buy the stock, and therefore make less when it goes up. We see that in the run-up of the share price in the case of Aurcana. In the case of, e. g., Aurcana, you are betting on the management getting into production much more than you are on the resources in the ground. Trouble is, if production doesn't happen, the price crashes. If a producer is trading at an absurdly low cash-flow, however, like 1x or 2x, then it can provide quite as enormous leverage as an explorer. One reason why Vangold, for example, is going to soar when it gets unhalted, is because, with the recent acquisition of the mill, they are now capable of being a mid-tier producer, and yet are trading at only 1x cash flow. They will be "re-rated" as a producer, and those who bought before the halt will have made a fortune.

[PAN MAN No.25654249]

>>25654050
is Vangold's newly purchased mill operational though? I cant recall if it was a mothballed unit or not.

[Anonymous No.25654322]

>>25652330
>scrapper anon here?

Here fren!

[Anonymous No.25654421]

>>25653711
kek, good luck bro, hopefully the Scottie cheapies will run a little longer

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

[Anonymous No.25654449]

EpsteinResearch says operational by mid-2021, this is what he has to say:

"Assuming the acquisition of the El Cubo mining complex goes through in late March/April, I estimate that the Company could show a 3-yr. mine life, with an NPV(7.5%) of ~C$70M (at spot Ag / Au prices). I believe that CEO James Anderson and his team are working on a third-party Preliminary Economic Assessment ("PEA") that should be done this month.

My rough estimate is based on 750 tonnes per day delivered to the Mill. The ramp up to 750 tpd is expected to take several months and happen in 2h 2021. This alone supports a share price of C$0.50. However, if one assumes (like I do) that mgmt. can find more gold at BOTH El Pinguico & El Cubo, and can mine for 15-20 years instead of just 3 years, then the NPV(7.5%) could easily be C$300M. Best of all, assuming the announced capital raise is completed, there may not be the need to issue equity again for years to come (especially as tens of millions of warrants/options will likely be exercised at prices from C$0.10-$0.50).

Finally, remember that the mill has capacity to run at 1,500 tpd and mgmt. is only contemplating running it at 50% of that (750 tpd). If they find a substantial amount of silver & gold, such that they have a mine life of 5+ years, they could then consider running the mill at a higher capacity utilization rate.

At 1,000 tpd (which would not be reached before 2023, if ever), the NPV(7.5%) would be nearly C$400M. Therefore, the share price at year end 2021 could be > C$1.00 if visibility towards a longer-term operation could be achieved and Ag/Au prices remain strong."

[Anonymous No.25654507]

>>25654449
>>25654249

[PAN MAN No.25654558]

>>25654421
I just need a day, RBC is being so stupid lately with transfers. This spring and summer will be crazy for companies like Scottie.

[Anonymous No.25654625]

>>25653456
Absolutely based post, Anon. Thanks for the resources!

Another good resource here with analysis on silver market manipulation:

https://www.adamseconomics.com/post/the-undeniable-manipulation-of-the-silver-market

https://www.adamseconomics.com/post/covid-19-exposes-gold-and-silver-price-manipulation

[PAN MAN No.25654702]

>>25654449
thank you!

[Anonymous No.25654764]

>>25654322
Nice!

[Anonymous No.25654908]

>>25654449
so when will they open their stonks again

[Anonymous No.25654962]

>Gold struggles to hold $2000
>BitCoin absolutely SMASHES $40,000
You've chosen the wrong asset, huh?

[Anonymous No.25655072]

>>25654962
>He doesn’t swing trade plutonium
Ngmi

[Anonymous No.25655073]

>>25646279

Throwing out some upside/downside factors to consider for Uranium:

-Possible downside, to this arises from a decision by China, India, etc to delay new construction due to financial troubles or a strategy shift back to fossil fuels, the former being more likely IMO.

-Possible downside, that future construction may shift to using Thorium

-Possible downside, that fuel recycling may become more common place, despite proliferation concerns in the west. Right now only a fraction on the potential energy in fuel is used so if it were recycled this could lessen the need of new uranium significantly, although it is probably more expensive than just buying more new (need more research).

-Possible big upside, that US elites who are pro-nuclear (Gates, Musk) will win the argument and move consensus towards including new nuclear builds in whatever bloated "New Deal" pork bill they crap out. You'll know it's happening when the mainstream media starts doing pro-nuke puff pieces to and openly sidelining the hippies. Consent is manufactured, public opinion not relevant.

Overall I'd say a decent run is likely, but with some caution, and if the West goes for it the upside is very large indeed.

[Anonymous No.25655140]

>>25654962
yes. The people here who laugh at the "crypto-cucks" are coping losers. I hope all non-pajeet biz friends make it but that people in here laugh at Link, ETH, or BTC is pathetic and delusional

[Anonymous No.25655305]

>>25654962
>Russia, China and all Central Banks currently buying shit loads of Gold while not buying Cryptos

[Anonymous No.25655322]

>>25655140
yeah, sure thing kid. enjoy your worthless 1s and 0s when they go to zero along with fiat

[Anonymous No.25655381]

>>25655140
coordinated shilling. Every bank is scooping up metals right now.

[PAN MAN No.25655393]

huh going to have to watch these guys in Red Lake. https://www.northernontariobusiness.com/industry-news/mining/red-lake-gold-camp-has-a-new-land-baron-3231979

[PMG BAKER No.25655484]

>>25655393
This is interesting. Thanks panman. Going to look into them chart wise now.

[Anonymous No.25655624]

>>25655322
Why do you losers pretend that no one has or still will be able to cash out in time?
>>25655381
>y-you multiplied your worth several times over
>b-b-b-but just wait, we'll be on top in the end
Most crypo holders are still able to sell their coins right now for mad profit and buy metals

[Anonymous No.25655682]

>>25651060
>"we're going to release a kraken of evidence"
>"we have 7 paths to victory"
god dammit it was supposed to be stopped. this is not even funny anymore

[Anonymous No.25655762]

>>25654962
For the last fucking time Bitcoin is a speculative investment that can go up or down 100000000000000000000% overnight. Metals are safe stable hedges.

Different things different goals. Can't wait for janitors to permanently ban literal babies from this website.

[Anonymous No.25655794]

>>25655624

>Most crypo holders are still able to sell their coins right now for mad profit and buy metals

So you implicitly admit that the only way to realise any gains you make, is to convert your gambling profits into metals. And now you understand the distinction between a store of value and a speculative asset. Although as I have said, junior silver miners are a much better speculative asset than cryptocurrencies. >>25650056

[PMG BAKER No.25655842]

https://www.tradingview.com/symbols/OTC-TGLDF/
https://www.tradingview.com/symbols/TSXV-TGM/
People are selling, and it seems to be that they bought it to explore more. Seems like their price was built in expectation of this deal. This shot up their stock price in anticipation in 2016 (using canadian).
There was the inital IPO offering for the american stock and the acquisition was a blip in the radar. For burger fags, It could go down to the 1.09 level. However, panman. Can you tell me what happened around june 1st of 2020, January 2017, June 2013, November 2015, and november 2009?

[PAN MAN No.25655890]

>>25655682
whats so frustrating is that there is evidence that funky shit happened in the election, but no one is willing to really fix it, because that would mean looking in everyones closets, and that can not happen.

[Anonymous No.25655988]

> Mark buys 1000 x Bitcoin for 1USD
> Judy, who also has $1000 decides she doesn't want to go into it
> Year later Bitcoin is worth $50, Judy still has $1000
How much money can Mark make by selling bitcoins to Judy? Is it $50000 or just $1000?

Good luck being one of the first ones to cash out in time once BTC crashes, although with its transactions rates it might be hard.

[PAN MAN No.25656034]

>>25655842
I ll go see what I can dig up in the archives at junior mining network on this, I am not familiar with this company.

[Anonymous No.25656275]

>>25654962
> Mark buys 1000 x Bitcoin for 1USD
> Judy, who also has $1000 decides she doesn't want to get into it
> Year later Bitcoin is worth $50, Judy still has $1000 and wants to buy Bitcoin
How much money can Mark make by selling bitcoins to Judy? Is it $50000 or just $1000?

Good luck being one of the first ones to cash out in time once BTC crashes, although with its transactions rates it might be hard.

[Anonymous No.25656584]

>>25655682
>>25655890
it sucks frens, we have corruption at the highest levels. We now know our chief justice of the supreme court is a compromised pedo who had Epstein facilitate his purchase of children from Ireland. We know we've been rigging elections in other countries with Dominion. And we know who killed Seth Rich

https://www.neonrevolt.com/2021/01/06/at-the-highest-levels-part-2-of-3/

[Anonymous No.25656705]

>>25647841
Speaking of GPL someone on stocktwits said they’re nearing an acquisition soon? Any truth to this?

[PAN MAN No.25656715]

>>25655842
Ok so the furthest I can go back for data on this company is 2017 when they went under the name Confederation Minerals.

In January of that year Confederation got a private placement https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2121-tsx-venture/tgm/71818-confederation-minerals-ltd-announces-private-placement-3.html

Cant find anything for June 2020 but in july last year they figured out part of their debt https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2121-tsx-venture/tgm/79723-trillium-gold-mines-inc-announces-shares-for-debt-settlement.html

Everything after that is to do with exploration results with their Newmon Todd Property in Red Lake. If I find anything more I ll post it though.

[PMG BAKER No.25656783]

>>25656715
So was this name change due to a SPAC or something else?

[Anonymous No.25656809]

>>25654962
dogecoin is up 100% last 7 days, does that mean dogecoin is a better investment than gold?
its pure fomo anon, all ur shit internet money is not real, just like the voices in ur head are not real

[Anonymous No.25657049]

what are these garbage fees holy shit I wasnt even warned about it
thank god I only bought a few to check out how buying stocks work

[Anonymous No.25657165]

>>25657049
OTC shares are quite expensive. On Degiro I pay around 8 euro for few thousands of shares. What broker are you using?

[PMG BAKER No.25657166]

>>25657049
Seems like you got screwed. Find a different brokerage account. Is this related to Deutsche bank?

[Anonymous No.25657208]

I hate seeing everyone get rich on scams like bitcoin and tsla. Being a sensible investor usually pays off in the long run but it hurts so bad right now. Stock market ath even though there was a raid on the Capitol. It seems like the entire world of finance is turned upside down. Are we actually going straight to big inflation or will there be a usd spike? I'm glad I own physical so I'm not tempted to change positions.

[Anonymous No.25657224]

>>25657049
OTC trades are quite expensive. On Degiro I pay around 8 euro per transaction involving few thousands of shares. What broker are you using?

[Anonymous No.25657272]

>>25655624
>Most crypo holders are still able to sell

For now they are still able to, but it's not like there is actually a trillion bucks waiting to buy right now and most holders are euphoric and greedy and won't anyway, so when the broader market bubble bursts and drags down all speculative vapor assets I will be harvesting red wojaks for months from ruined moonbois and their crypto-pumping monkeyshines. Got some BTC in March after it dumped but some Mining positions I scooped up then have done even better. BTC's performance has been admittedly amazing, but ultimately my heavy physical silberbags are still my comfiest asset. Go ahead and smugpost fren, we ain't trading our bullion for your bags when the tides turn and every speculator is stampeding for the door. It's a precarious position you're in so lock in at least some of your profits while you can.

[Anonymous No.25657321]

>>25657049

You pay fairly high fees per transaction when buying or selling junior mining shares OTC. If you can't afford it, buy junior miners on the NYSE instead like AUMN, Great Panther, and Alexco.

[Anonymous No.25657325]

>>25655794
>the only way
No. Merely that they could get into the same game as us with a better start if they simply wanted to
>understand the distinction between a store of value and a speculative asset
Yes

[PMG BAKER No.25657364]

>>25657208
We a seeing a classic reflation trade happening in this market. Look at basedbean, copper, and wheat. It is their time to shine. It is just that you have the fed bumping up the stock market (specifically faangs) which is making this seem like a blip in the radar when it is indication of a sea change.

[Anonymous No.25657409]

>>25657049
I pay same as >>25657224 , around 8 euro for 1000ish shares. I don't mind, that's the price for financial freedom !
>>25657208
You should be happy, that's money not going towards gold and silver : MORE CHEAPIES !

[PMG BAKER No.25657460]

>>25657364
Seems like they made so y into onions.

[Anonymous No.25657581]

>>25657208
> if I see a bubble I buy it
take the soros pill

[Anonymous No.25657593]

>>25657409
Same, in a long run 8 euro is not that much considering potential of some of those investments.

I also checked Dolly Varden and there is some news about it today:
https://ceo.ca/@newswire/dolly-varden-silver-acquires-strategic-surface-rights
I didn't check yet the potential of this.

[Anonymous No.25657605]

>>25657166
BNP Paribas bank. It's french

>>25657224
>>25657321
Smartbroker. I pay nothing for 3 ETFs saving plans so I figured checking out buying mines there.
I will have look at those. thanks.

[Anonymous No.25657662]

>>25657593
They basically bought the land where their company was on. They were renting, now they own it. That's basically to avoid being jewed by the guy owning it.

[Anonymous No.25657663]

>>25657605
Banks might have awful offer, at least in my country the fees in banks are way too high compared to Degiro.

[PMG BAKER No.25657726]

>>25657605
If you want to keep the brokerage. Then do more DD.

[Anonymous No.25657956]

>>25635709
Could someone give me a qrd of what the Hunt brothers did?

[Anonymous No.25657975]

So is anyone going to hold Aurcana through this? I haven't dumped my bags - I am still up 6% overall on them.

Hold Aurcana, or sell and redistribute the funds into my Nicola position.... or spread it out evenly amongst picrel? Need some big dick hedgefund advice lads

[Anonymous No.25658150]

>>25657662
Ah, thanks man. I'm stupid, it's from 7th December not January. Looks like staying up all night watching streams from USA wasn't good for state of my mind today.

[Anonymous No.25658279]

>>25639008
Looks like rust from the can?

If so, soak it in a solution of Oxalic acid or CLR (Calcium, lime, rust remover) and rub/wipe clean with a cloth.

How big are those bars?

[Anonymous No.25658586]

Anyone doing anything extreme to free up cash to buy PM's or miners? Selling cars, loans, getting a second job, etc.?

[Anonymous No.25658588]

>>25647033
>That market cap is so ridiculously high. Why would somebody not simply buy Alexco at this point? In fact, that market cap is the same as _Great Panther_, which is actually producing silver and trading at a 4x cash flow valuation!
what about Avino and Americas Gold and Silver?

[Anonymous No.25658617]

Does anyone have any reasonable price expectations for miners for silver at $30/$40? What would it look like for a big boy like PAAS compared to an ETF of juniors like SILJ? I'm not even going to ask how many zeros would be involved with a great, individual junior minor.

[PAN MAN No.25658660]

>>25656783
no clue, I believe it was done due to a merger with a smaller company. I ll find the article from that one sec.

[Anonymous No.25658666]

>>25658586
I’ve been operating my metals recycling business

[Anonymous No.25658675]

>>25658586
Nothing too extreme, but I redeemed all of my savings bonds from every birthday and Christmas since I was born, which amounts to a few thousand in extra cash. If I don't have faith in the currency then it doesn't make much sense to have faith in bonds redeemable in that currency though, so it's pretty logical.

[PAN MAN No.25658799]

>>25656783
it was after their debt settlement I believe. Heres the transition. https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2121-tsx-venture/tgm/79723-trillium-gold-mines-inc-announces-shares-for-debt-settlement.html

[Anonymous No.25658829]

>>25657975

Mountain Boy is also down today, you might dump your Aurcana shares and double down on that for something equivalently red. Otherwise, I'd either swap your AUN position for a BLLG one, or double down on NIM, IPT, or SVE.

>>25658588

I have stayed away from Avino ever since I heard that they were having problems with the locals. Don't know if the problem has been resolved, but that alone is enough for me to stay away. Almost all my Mexican investment goes into Impact Silver. Trading at 30x cash flow, but I value it as an explorer, not a producer. My only other two Mexican stocks are Vangold and Silver Spruce.

[Anonymous No.25658958]

>>25657975
I got lucky in that I sold 25% of my position in Aurcana yesterday at $0.97 since the price had doubled on my initial buy price. I don't think the newly issued shares are as bad as what the market reaction is, though, because in a posting I made in the previous thread, the new money is buying company stock at roughly the price before the announcement of the financing. There is dilution (more shares) but the financing will put $15M CAD cash onto the balance sheet of the company so there really wasn't loss of value to existing shareholders, IMO.

The real question is the warrants, which have a strike price of $1.25 CAD, which is about $1.00 USD. Even that isn't too bad, IMO, because the company stock will have to increase to $1.25 CAD before the warrants would be exercised at which point the company would be taking $1.25 CAD for each new share it issues per redeemed warrant. The warrants are worth about $0.62 CAD ($0.50 USD) based on the Black-Scholes option pricing model but I don't think it harms existing shareholders all that much if we believe that the company's assets are fairly valued or under valued.

I am holding on but because I think the selling today is overdone but I will likely sell another 25% of my stake on a 5% or so rise in prices to take out my initial invested capital and leave to rest to run.

[Anonymous No.25659030]

>>25658586
I'm living on the edge eating rice all day. Its a bit hard since I removed everything that cost money, will keep doing it for the next 6 month. My only expense is rent, energy and rice.

[Anonymous No.25659272]

>>25659030
>I'm living on the edge eating rice all day.
Don't do that; that's stupid. Make sure you get proper, good quality nutrition because all the wealth in the world means nothing if you are sickly or dead. Just remember, Steve Jobs was a multibillionaire and he's dead because he foolishly did not get modern medical treatment when it was discovered he had pancreatic cancer but instead went on an all fruit diet.

[Anonymous No.25659350]

I want to buy Nicola but idk the difference between HUSIF and NIM. VAN vs PNK. One is 15 cents the other is 11 cents. Also any decent sub $1 gold juniors?

I have just hit my physical goal. 5 ozt gold and 500 ozt silver

[Anonymous No.25659371]

>>25659272
its just 6 month until my PF reach 10k invested, it's fine. Rice&chicken was never a bad thing.

[Anonymous No.25659420]

>>25648976
As someone looking of getting into the Mining industry with a bachelors in Biology, do you have any recommendations of masters programs that would be valuable? How does the job market look RN?

[Anonymous No.25659435]

>>25635709
im looking at a situation where i want to sue my boss but the courts aren't open, and yet the cops are still out harassing people in the name of the "law". the future basically looks like a combination of "grey state", "mad max", "the road" and the third "human centipede" film. im very lucky to have my savings in precious metal but for practical reasons i need to plan on being a raider in a post apocalyptic timeline. lets say im also talking to /pol/, /k/, /out/, and /diy/. how do i start? i need for certain a used ford super duty and if there is one dumb car indulgence id like a color changing paint job so it feels all cyberpunk as im driving around in this nightmare landscape. the basic plan is to steal catalytic converters, mint my own coins, and secure financial dominance of the coming wasteland.

[PMG BAKER No.25659470]

>>25658799
Gotcha. It was a spac then. Seems like we need to be a lot more careful with this stock. Thanks for some preliminary research Panman. From chart analysis, I can see the price of the stock going to $10 a share, but DD and land will have to make it work up that far.

[Anonymous No.25659541]

>>25659371
Throw in some greens, fren! Even if it is just an accompanying spinach salad, you need greens. If you want to go full weeb then do their green stir fry shit to go with your chicken and rice. Also, look into lentil stews; survived on that for a while myself in the lean years. Easy, cheap, nutritious, and you can always add more cumin. Buy shit from gook/pajeet/spic stores.

[Anonymous No.25659596]

>>25659350
>HUSIF and NIM
these are the same company. NIM is the ticker for the Canadian Stock market, priced in Canadian dollars; HUSIF is "OTC" markets which means they are not listed on a formal exchange like the NYSE

if you're canadian i suppose use the CVE when you can, since OTC stocks sometimes have fees when you buy or sell. I'm American so I use the OTC market because my broker has 0$ fees

[Anonymous No.25659661]

>>25659350

Quoting what I said in a thread yesterday:

"It's best to think of mining stocks in terms of market caps, not in $ terms. The $ number, which depends on the number of shares, is pretty arbitrary, and can be misleading. ELO is $2 and has a $95 million market cap, but AUN is $1 and has a $264 million market cap.

Genesis Metals and Blue Lagoon are the best speculative gold stocks I know. ($13 million and $45 million market caps respectively.)

[Anonymous No.25659678]

>>25657208
I’m up 40% in a month boomer you mad?

[PAN MAN No.25659692]

>>25659420
There are plenty of jobs for your type out there right now, try looking for water ecology positions, miners and explorers need those sorts of people on site for permit compliance with sediment run off and checking for ARD related contaminants in fish. Whats your region, I might be able to find you some job postings.
>>25659470
As far as I can tell their Greenstone belt territory will likely generate the most interesting results, but I ll report back if I snoop anything else out. Building a land package like they have means they expect to be exploring for a long time.

[Anonymous No.25659818]

>>25657049
>>25657224
>>25657409
I'm currently making an account at Interactive Brokers. Been using Degiro and another one exclusive to Northern Europe. Those two have ridiculous fees for Canadian shares, IBKR has way better ones. Damn hassle to put all of that info there and hoping I did everything correctly though. Anybody else use Interactive Brokers here, /pmg/?

[Anonymous No.25659993]

>>25658829
Do you still see potential in Defiance Silver?

[Anonymous No.25660025]

>>25659993
Nothing has changed about Defiance, still has potential imho

[Anonymous No.25660140]

>>25660025
Well I bought it back in the summer. It has increased significantly since then, but I'm wondering how much more room it has to run versus, say, BLLG.

[Anonymous No.25660142]

>>25659818
Maybe, I'm not sure how much of a difference it will make considering there is monhtly fee on IB. I guess it depends on the way you're trading.

[Anonymous No.25660163]

>>25659692
I'm in central texas. I specialized in Aquatic Biology but I graduated in 2017 and taught english in asia until COVID

[PAN MAN No.25660261]

>>25660163
I ll see what I can find, but you may have to move around a bit.

[Anonymous No.25660291]

>>25659993

I always say that I'd rather be in Impact than Defiance for the same mcap. Impact is already a producer, and I believe, on the basis of the size and history of Zacualpan (200 square km, 1 million ounces produced per annum for the past 500 years), that that property has billions of ounces in it. I also believe that Fred, the CEO, is a fundamentally good man.

[Anonymous No.25660351]

>>25660142
I DCA, I put a portion of my wage to investments twice a month. When you do the math for buying the shares with Degiro (who will always fee you at least €2 for purchasing Canadian shares, plus a ridiculously large €0.01/share fee slapped on top, really hurts when buying penny stocks btw) vs IBKR (fees are always max. 0.5% of the trade value + some tiny fees on top, and you don't need to pay the monthly fee if your fees exceed it -- the monthly fee is also just €3/month if you're under 25y old like me) you will come to the same conclusion, provided you have the same way of investing. Heck, even investing once a month will be cheaper I bet

[Anonymous No.25660362]

>>25660261
That is fine. I always wanted to live in the mountains which is why I'm interested in mining.

[Anonymous No.25660534]

>>25660351
Hmm, I should reconsider it myself it seems, thank you anon. Good luck with the formalities.

[Anonymous No.25660609]

>>25660534
Thanks. Degiro's were much easier and less of a headache so buckle up if you decide to try it out. Make sure to do your own research for the fee structure of course, good luck to you too when you decide to make an account :)

[Anonymous No.25660648]

>>25660163
>and taught english in asia until COVID
Don’t you just have to be a native English speaker and they’ll hire you immediately? I’ve heard teaching English in foreign countries is a good way to make bank

[Anonymous No.25660711]

>>25635709
>ngmi general

[Anonymous No.25660735]

>>25659818
I'm too dumb to figure out how much the fees would be from germany when using ibkr.
I have like 5 trade system options and 1 of them appears to be free of fees?
I think I will just stick with physical stuff.

[PMG BAKER No.25660771]

I got the next bread.

[Anonymous No.25660820]

>>25660735
Go to this website: https://www.interactivebrokers.com/en/index.php?f=1590
and compare tiered & fixed commissions. They're not very different for poorfags though

[Anonymous No.25660870]

>>25660735
>>25660820
Rather, this website: https://www.interactivebrokers.eu/en/index.php?f=48059

[Anonymous No.25660905]

>>25660771

[Anonymous No.25660939]

>>25660771
can we add libertycoin.com to the OP text?

[PMG BAKER No.25661010]

>>25660939
Seems very much of a numi website instead of actual cheapies like weeb rounds. Probably not. Thanks for asking though.

[Anonymous No.25661061]

>>25658666
>I’ve been operating my metals recycling business
>Satans metal recycling
you're a Big Bob

[Anonymous No.25661087]

>>25659030
pretty sure riac piana died from his only rice diet rice is poisonous in large daily quantities

[Anonymous No.25661104]

>>25660648
Most Countries have cracked down on that for visa requirements so they have to have a bachelors at least if not also a TEFL.

It was sweet before covid made us online teach. My company was absolute garbage at online teaching so I fucked off

[Anonymous No.25661125]

>>25661087
Well it's dangerous to leave it in fridge. Killer bacteria might develop

[Anonymous No.25661134]

>>25644315
Looks like the run in 2018 and hence, subsequent top. You're really betting on Dems being sympathetic to Libertarian E-Money that undermines their power?

[Anonymous No.25661244]

>>25661010
did you even look? they have a huge selection of bullion (bars, eagles, maples, krugs, phils, etc) that are cheaper than most of the others in your list. numismatics are only a fraction of what they do

[Anonymous No.25661262]

>>25660905
sweet jesus, those tits

[Anonymous No.25661362]

>>25661244
>rounds for 35
enjoy getting ripped off

[PMG BAKER No.25661367]

>>25661244
I see that, but the next bread will have a lot more text than usual so hold that thought for the next bread discussion.

[Anonymous No.25661420]

>>25661362
you were looking at single rounds, not rolls

[Anonymous No.25661432]

>>25661061
for you

[Anonymous No.25661433]

>>25661061
For you

[Anonymous No.25661476]

>>25661433
based

[Anonymous No.25661492]

Soooo.... CLF is crashing with no survivors. I guess it was hype afterall.

[Anonymous No.25661609]

>>25661492
dont matter i sold my call yesterday for 70% profit.

Thanks clf chad

[PMG BAKER No.25661892]

Apparently the system thinks I am spamming. I will post the format for the new bread here

[Anonymous No.25661980]

>>25661609
Nice, grats

>>25661892
Maybe you included link to untrusted domain?

[Anonymous No.25662005]

>>25659371
You should also add fresh fruits and vegetables to your diet. Don't skimp on things that are almost certain to negatively affect your health. This goes for everyone reading this thread. Don't cheap out on things you need to live. For Americans, a lot of us spend a lot of money on mobile phone service. Depending on your use case, you might want to look into Red Pocket's one-year plans which are by far the least expensive MVNO that I've found. Unless you use a ton of data, you should be able to full one years phone service for $100 (for the whole year) or $180 if you need unlimited voice minutes.

[PMG BAKER No.25662043]

>>25661980
I am using tiny url with preview.

[Anonymous No.25662100]

>>25662005
>has unlimited data
the little things are usually the hardest to appreciate

[Anonymous No.25662131]

>>25662005
I can agree on veggies, but fruits nowadays have way too much fructose. They have been cross-bred to be very sweet. (doesn't apply to all fruits, but keep that in mind)

>>25662043
Yeah must be it. I tried to post tinyurl just now and my post was rejected

[PMG BAKER No.25662185]

New bread

>>25662160
>>25662160
>>25662160

>>25661980
Thanks anon.

[Anonymous No.25662241]

>>25662185
nah, thank you for baking

[Anonymous No.25662277]

>>25661980
>fresh pan-fried OC
basado