/CMMG/ Commodities, Mining, and Macro General

[The Dane No.53813936]

Leftists fuck off edition

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

More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL

>Youtube channels to follow
Palisade Gold Radio, Mining Stocks Education, Sprott Money, Goldsilver pros (Rob Kientz), Finding Value Finance, Gregory Mannarino, Peter Schiff, Macro Voices, Crux Investor
>Canadian junior press releases
https://twitter.com/JrMiningNetwork
>Newsfeed
https://twitter.com/zerohedge

>What is Austrian economics?
https://mises.org/what-austrian-economics
>Austrian economics books
What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises)

Previous: >>53774347

[Anonymous No.53814152]

>>53813936
Quick bros 30m till market close, should I pick up a position in oil stocks? (I would just buy the index most likely) I dont frequent CMMG that often but I noticed the oil price is really low... help an anon out guys?

[The Dane No.53814259]

>>53814152
I don't really follow oil stocks, but Exxon is still very close to its ATH so I don't think you're buying much of a dip here.

[Anonymous No.53814842]

>>53811283
You'll find out once the red dildo pops up

[Anonymous No.53814862]

>>53814152
Crescent Point Energy is at resistance and pay 6% dividend

[Anonymous No.53814895]

When Newport re-opening and the weather turns out to be a nothing burger, BOIL's gonna be a legendary short.

[Anonymous No.53814949]

>>53814152
I just buy GTE in the hopes of one day receiving a Colombian gf as dividend

[PAN MAN No.53815092]

afternoon all how are things!

Rio Tinto had to halve their dividends with a massive crash in profits.
https://www.mining.com/rio-tinto-halves-dividend-on-41-annual-profit-drop/

And Teck becomes Teck Metals with their coal projects being spun out, interested decision, especially with the fines they face with their BC coal projects.
https://www.mining.com/teck-resources-becomes-teck-metals-as-it-spins-off-coal-unit/

[Anonymous No.53815099]

>commodities thesis was wrong and everything will continue to drop in value
>thread devolves into /pol/
Sign we are about to plummet to nothing.

[Anonymous No.53815106]

>>53813936
>>53814152
>>53814259
>>53814842
>>53814895
>>53814949
>>53815092
KEK baggies

[The Dane No.53815137]

>>53815106

[Anonymous No.53815235]

>>53813936
gay cringe image, kys faggot

[The Dane No.53815276]

>>53815235
>gay cringe image, kys faggot

[Anonymous No.53815329]

>Leftist fuck off
Rich coming from a socialist that holds fast to Marxist ideologies

[Anonymous No.53815362]

>>53815099
>as everything goes to shit you start thinking about Semitism
Completely consistent.

[The Dane No.53815402]

>>53815329
Can we stop talking about politics for one thread plox

[PAN MAN No.53815499]

a few more bits of interesting news for today!
https://www.mining.com/taseko-increases-stake-in-gibraltar-mine-in-british-columbia/

https://www.mining.com/kutcho-de-risks-copper-zinc-project-with-eye-to-controlling-costs/

https://www.mining.com/osisko-metals-forms-joint-venture-with-appian-on-pine-point-project-in-nwt/

Pine point is going to be interesting to watch, its got a ways to go before its a modern mine, but its such a massive pile of zinc / lead that someone will mine there again soon.

[Anonymous No.53815621]

>>53815402
No
:gigachad:

[Anonymous No.53815746]

I'm nat soc lite. I jew the jew god, it's alchemical. We all love that. At the end of the day we are all getting fucked by our so called leaders so lets make loads of money. Thats how the world moves, how you use it is down to you. Where the mint at?

[Anonymous No.53815899]

It's funny how you can determine market performance whether this thread is active or not and whether we stay on topic.
No need to even check how the portfolio is doing.

But yeah this shit is going down. We didn't get any real decoupling in these markets. Every graph is more or less the same.
If you look at all of the markets, whether it's PMs, Tech, Uranium etc.. all of it moved in unison with the greater market bear rally.
Now that the air is coming out we're going to follow the big boys down to an even lower low. Give it one or two weeks and all of the gains have been erased completely.
I bet we're going to see real decoupling happening only when the markets are so absolutely fucked that companies are falling left and right and it becomes abundantly clear that there's no other safe place to put your money in than commodities.
Before that happens it's all just a same line going up and down across the board.
I mean why the fuck would you move your money out of the general markets if things like Carvana are doing 300% in a matter of months during these rallies.
It's not like people are going to stop investing into them until they actually go under. Still too much quick buck potential in those fuckers.

[The Dane No.53816033]

>>53815899
>things like Carvana are doing 300% in a matter of months during these rallies.
After dropping 99%. It seems easy looking at a graph and thinking I should have just bought the bottom there and I would have made 300%. But it's not. Carvana probably will go bankrupt, trying to play dead cat bounces is complete gambling.

[Anonymous No.53816055]

https://thelibertarianrepublic.com/7-quotes-prove-adolf-hitler-proud-socialist/

Hitler was leftist. You are a stupid nigger if you think otherwise. Daneggar doesn't even know his own economic policies were leftists

75 IQ confirmed. That bitch is soooo dumb

[The Dane No.53816129]

>>53816055
Except most industry was private owned and their profits were not confiscated. Hitler didn't nationalize Porsche, he created Volkswagen to mass produce a cheap vehicle for the people.

[Anonymous No.53816198]

>>53816033

Absolutely, it's total gambling and that's why these companies pull such numbers.
These bullshit hype companies have zero future and they will all go under, but until they do retail will keep on throwing their money at them mid bear rally and then get completely fleeced by the big boys who got in at the bottom.
My prediction is that only when these companies are properly fucked, will we start seeing a real decoupling happening in the markets.
I'd say that if we don't start seeing some real big money rotation into commodities around the next bottom or mid leg down, it means we're going to see a repetition of this bear rally once more and the bullshit companies still won't be out of the picture and there's one more round of retail fleecing left.

[Anonymous No.53816271]

>>53816129
Yeah they just had wage and price controls. Totally not socialism....
You know nothing of your own God. Kek. Dumb nigger
>I own this
>Have to pay more than market price for labor
>Have to sell at govt mandated prices
Totally not socialism.
Dumb nigger

[Anonymous No.53816382]

Totally not socialism

[The Dane No.53816422]

>>53816271
>Yeah they just had wage and price controls
No
>>53816382
>A jew wrote something about nazi germany
must be true then.

[Anonymous No.53816441]

Commies eternally btfo after being exposed as commies.
>But Hitler wasn't a commie
He absolutely was. Cope you braindead nigger.

[Anonymous No.53816520]

>>53816422
Cope you dumb bitch
>https://mises.org/library/why-nazism-was-socialism-and-why-socialism-totalitarian
HahahhahahahahhahHBJajahhahahahahhabbababahha
This nigger is retarded!!!!!!!!!!!!
>But what specifically established de facto socialism in Nazi Germany was the introduction of price and wage controls in 1936. These were imposed in response to the inflation of the money supply carried out by the regime from the time of its coming to power in early 1933. The Nazi regime inflated the money supply as the means of financing the vast increase in government spending required by its programs of public works, subsidies, and rearmament. The price and wage controls were imposed in response to the rise in prices that began to result from the inflation

Hahahahahhajajanananhajajjajajajsjjsjsjsjsnnsjajajahahhahahahhahahahha

Daneggar too stupid to read about his own hero bring a commie

Ahahahhahahahhahahahahhahahahahbabababababbababanabbababahahahhahahahahahhahahahahahhahahzhxjidjejsiainajsheusjha

Breathes in***

Ahahahahahhahahahahhahajajajbabajahahbabahabb

[Anonymous No.53816579]

Ahahahhahahahahahhahahahabhabababbababababbahahahahhahahahahhahahahhahahahahhahahah

Natsocks exposed as commies itt

Ahahahhahahhahahahahahhaba
Daneggar is a fucking leftist commie who can't even read!!!!!!!!!

Ahahahahhahabahhahababababhabababahhahahhahahahhaha
Ahahahhahahahhahahahha

[Anonymous No.53816594]

>>53816441
based

[Anonymous No.53816613]

This just confirms all socialists are too fucking dumb to realize they're commies!!!!!!
Daneggar blown the fuck out itt!!!!!!

AhahahhahahHhHBBBbBBBbBabzbzbhzhzjsjsoorkrkepowkwksidifjnrieieiiz((ksjn!?@!@;#;$(_((')$($(+@+@+@+@+@+#++#+#+#+#(#))#)"9)_!4(39$)(#(2((MM(?{((#]{¢{££¢®¢™¥¥{®¶}|[|{|
AhahahhahahBBBbBBBBbBahahahahhahahahah

[The Dane No.53816626]

>>53816520
Literally none of those were implemented in nazi german. You really need to lay off the cocaine bruh, you're having a psychotic episode again. Please contact your health provider and let them help you.

[Anonymous No.53816828]

>>53816626
Ahahhahahahahhahahahhahahabahhababa

How much cope can one commie produce???!!??

[Anonymous No.53816855]

But h is too dumb to read or even Google
Imagine following dear leader and not even knowing the basic facts

Ahahahahahhahahahhahahanjajahahababbababanbababbababahahahahah

[Anonymous No.53816881]

Ahahahhahahahahhahahahhahahahahhabahahahahhahahahahhahaha

Too good. Too fucking good

[Anonymous No.53816911]

>>53815402
>Posts /pol/ OP
>Can we stop talking about politics for one thread plox?
How about no?

[Anonymous No.53816972]

>>53816911
He's rectally rampaged beyond any hope or prayer of recuperation...
Why the fuck is mises even in the OP? We're less than .0001% of this board. These faggots worship the state and would be dead without it

[The Dane No.53816982]

>>53816911
>Posts /pol/ OP
Hitler is an apolitical figure. He was a humanitarian and animal rights activist. Everyone likes uncle adolf.

[Anonymous No.53817033]

>>53816982
This is the dumbest thing I've ever read.
The Clinton foundation should be in the next bake. I'm going to make beef jerky. You fucking commies have fun. We're about to get battered by snow like daneggars thoroughly violated anal cavity itt

[The Dane No.53817084]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/862-tsx/tml/136702-treasury-metals-completes-pre-feasibility-study-for-goliath-gold-complex.html

It is now common for studies to show $1000+ AISC. Gold price is not going to fall below $1800 for long anymore, lots of gold is produced around that price now acting as a bottom.

[Anonymous No.53817246]

>>53817084
>Gold price is not going to fall below $1800 for long anymore, lots of gold is produced around that price now acting as a bottom.
What actually happens when the spot price goes below a mine's AISC is that mine closes. Or stops selling metal until the price goes back up. This happens all the time. Mines don't control the price of metals, they just either produce at a profit or lose money and shut down. While I doubt gold will ever go below $1k again, the cost to mine it doesn't set the price.

Your understanding of mining is as weak as your knowledge of race and politics.

[Anonymous No.53817249]

Mid wit IQ of this thread on display the last couple threads.

Keep falling for the racial division meme, morons. You're doing just what they want you to. Divide and conquer.
No wonder you make no money. kek

[PAN MAN No.53817460]

https://www.mining.com/talent-shortage-holds-miners-back-from-delivering-on-production-targets-objectives-report/

This report is interesting but not very helpful. The Mining sector is plagued with issues attracting skilled labor forces. Simply put, the jobs are there but no one gets very far, people take off to work in oil and gas instead. The industry pushes people away who want to build their training and skills, while attracting bottom of the barrel type workforces who jump from project to project.

I might not be able to articulate this properly, but mining over all is stuck right now, they need new workers, but the turn over rate is nuts. People want to work but dont want to stay in that sector because its horribly toxic.

[Anonymous No.53817532]

>>53817084
To assume that production price is a firm bottom on the price of gold you'd have to believe:
1. Gold is necessary
2. There is no surplus of mined gold on the market
3. The individual mines producing it are necessary
4. Demand won't decrease as price goes up
5. There are no other sources of gold, such as recycling, or converting gold from coins and jewelry to industrial or investment use
6. 1/3 of gold isn't produced as byproduct of base metals mining for a few bucks per ounce
7. The byproduct gold is insufficient to satisfy market demand every year
8. Mines will continue to produce gold at any price
9. If the price drops demand will increase
10. Gold can't be substituted with another metal in either industry or investing.

None of these beliefs is strictly true. The cost of mining new gold isn't nearly as important as how much gold is already out there, and how much people need or want it. So the opposite of what you believe is true- mines don't set price with AISC. The price of gold decides whether or not miners will mine it.

[The Dane No.53817550]

>>53817246
Let me break it down so the <100 IQs like you can get it. Yes, obviously supply goes down when price goes down, that is why it supports price. Because price is a function of supply and demand. Every commodity is anchored long term to the cost of supply. Sometimes it will go below cost of production, but not for long because tightening supply will then push up price. Sometimes price goes way above cost as there is a supply squeeze, but relatively shortly after, new production comes online and price heads down towards cost again.
>>53817249
Yeah the jews and elites would just hate it if we embraced multiculturalism and globalism, because that's not what they are pushing at all! did you have trouble figuring out the captcha?

[Anonymous No.53817602]

>>53817550
>obviously supply goes down when price goes down,
unless the supply is not necessary. About 90% of gold is not necessary. The price is a result of speculation, not need.

since it's not needed, the price can go to the moon or to the floor. Forces of supply and demand don't apply because we have far more of the stuff mined than we'll need for the next 100 years.

[Anonymous No.53817621]

>commodity thread
>arguing about hitler
yep it's over

[Anonymous No.53817638]

>>53817460
I got my MSHA class in a week, I'll report back what I see.

Just anecdote, but Freeport has billboards and flyers all over the state desperately seeking new miners. But when 2 qualified kids I know of applied both got ignored. I feel like they're still demanding experience, and the pool of experienced miners is pretty small.

[The Dane No.53817641]

>>53817602
>If noone wants gold anymore the price will drop
Wow, call JP Morgan, I think I have their new CEO here. Any more nuggets of wisdom, genius?

[Anonymous No.53817666]

>>53817641
>NEED
>want
these two things are priced differently.
You don't get to change my words and call me stupid.
You're the idiot that thinks needs and wants are the same thing.

[Anonymous No.53817702]

>>53817550
The price is derivative of demand you retard. Obviously supply is supported by demand. Round of applause for Mr. Econ 101.

>Yeah the jews and elites would just hate it if we embraced multiculturalism and globalism

Poor little dummy can merely think in black and white. The intrinsic nuance of the universe is lost on you.

No wonder you make no money. lol

[The Dane No.53817718]

>>53817666
Nothing is "needed", everything can be substituted. But gold has perhaps the longest stable demand history, and everything that normally boosts gold demand is happening, increasingly.

[The Dane No.53817747]

>>53817702
I'm dumb but you think blacks and whites are equally intelligent. Can't even imagine being that dumb, I would probably just kms tbqh.

[Anonymous No.53817762]

>>53813936
Hey bros, retard here. Do banks like JP Morgan, Goldman etc do most of the actual printing of USD these days as opposed to the FED itself? Are there any books you recommend about how monetary policy actually works?

[Anonymous No.53817763]

>>53817747
Can't read either.

Strawmanning your interlocutors is a pretty puny braned move little guy. Try not telling me what I think.

[Anonymous No.53817789]

>>53816441
Gas yourself lying kike

[Anonymous No.53817814]

>>53817718
>Nothing is "needed", everything can be substituted.
the quality of the substitute matters. You can substitute lots of metals in place of gold in electronics, but none of them work nearly as well. So in that arena it is needed.

however most of its use is as a veblen good, such that demand actually drops when the price does, and rises when the price goes higher. This is the opposite of things that are needed.

[Anonymous No.53817844]

>>53816441
Fascists were explicitly fighting bolshevism and capitalism anon. I don't pretend to know everything but they stated this openly and frequently.

[Anonymous No.53818138]

>>53816982
what are you, 12?

what you think of hitler doesn't matter.
what other people think of hitler is all that matters here.

you think you're chasing away the left, but you're just inviting them in to debate you. You're a far bigger troll in these threads than I am, and I do respect that. Whether that was your intention or not.

[The Dane No.53818371]

>>53818138
https://www.bitchute.com/video/XKPvkp9P6H9s/

I think at least we can all agree, whether you agree with his politics or not, that hitler had a good heart. Now on that note, lets talk mining!

[PAN MAN No.53818389]

>>53817638
it seems to me that its not just experience, their after schooling too. Some companies want you to have a a BS or a trade school certification before they even bother looking at you. Even than it seems like 3/4s of the applicants get ignored.

[Anonymous No.53818700]

>>53818389
Only time I've ever really seen that work is when the company pays for the schooling while the person is working. Even then a lot of new hires will get a year or two in and quit the job and the college.

personally I'd rather not have most college grads operating heavy equipment, but maybe that's just me :D

[PAN MAN No.53818768]

>>53818700
no no i agree, I think the companies are honestly expecting too much from the guys their looking for. You either get the BS in geology but no field time, or you get the kid who drove dads excavator for 15 years but cant do basic math.

[Anonymous No.53818838]

>>53818768
that's my experience. The school guys don't usually graduate qualified to operate and have to be trained from day one. People who are qualified generally didn't go to school for it.

I work with one tiny gov outfit that only hires Bachelors or better, but they require a Masters or PhD to advance to management, and they pay people to get their secondary degree. But even then they have a hell of a time finding qualified people and moving them up the ranks. Not sure why their requirements are so high, but the government is weird the way they do business.

[Anonymous No.53818872]

>>53818768
The only place I require BS/MS is in the lab. I usually get biologists because we have a shitload of them looking for work. Some of them train up to operations just fine. Some don't.

[PAN MAN No.53818943]

>>53818872
there was a job application for a UG starting position geo tech I spotted a few days back that wanted a BA/BS as a minimum for even applying. They also wanted a bunch of lab time as well or equivalent work experience. Good luck finding a lab techie wanting to go UG, I dont think management thought that one through.

[Anonymous No.53818988]

>>53818943
kek
yeah, that's pretty much never going to happen. A lot of my lab techs are women and don't want anything to do with the dirty jobs. It's the only position I'm likely to get female applicants for aside from office managers and receptionists.

not to knock women, when you do get one that wants the rough work they do an amazing job trying to prove themselves, but those are some rare birds.

[PAN MAN No.53819145]

>>53818988
women field geos are often fantastic, BUT they can also be the most useless people on a crew. I remember one who we had to evac from camp after her first week because she had an episode from isolation.

[Anonymous No.53819158]

Mining history for you fellas

[Anonymous No.53819185]

>>53818389
>it seems like 3/4s of the applicants get ignored.
Whenever I had to field applicants, interview them, and hire employees, I would throw half the resumes in the garbage. I don't want unlucky people working with me.

[Anonymous No.53819289]

>>53819145
>I remember one who we had to evac from camp after her first week because she had an episode from isolation.
lol I've seen a few men go crazy from that one too. They need more prospectors like you and me. I'm perfectly fine in the woods by myself for weeks or months at a time so long as there's treasure to hunt
>>53819158
My understanding is that hitler socialized industry for the purpose of efficiency in the war machine, but also killed socialists that wanted the government to own industry for the betterment of the populace.

He made a distinction regarding the goals of socialism. Socialism for war was fine, socialism to make everyone rich was a bad idea. Not sure how that would've gone over in peacetime since they never had any, but I think nazi germany would've been like north korea. Just existing in a constant state of war to justify national control of markets.

[PAN MAN No.53819321]

>>53819289
i dont mind isolation, but yea camp life can mess you up quickly if your not used to it. Especially winter camp work, that sucks, its soul draining and i refuse to do it now as its just too depressing.

[Anonymous No.53819329]

>>53819289
>efficiency
Socialism is so efficient that people invent ways to escape it
>Good if for war
>Bad if for making people rich
It fails on both fronts...
And thankfully nobody would ever use war to get rich

[Anonymous No.53819331]

>>53819321
winter is for shitposting on 4chan
>>53819185
classic

[Anonymous No.53819376]

>>53819329
I don't know if it worked or not. I mean they lost the war, but they sure as hell produced an enormous amount of war materiel really fast.

But then the US also socialized mining during wartime, along with lots of other industries. Not in name, but in practice. Making it illegal to mine gold and silver during the wars, and paying base metal mines huge bonuses to increase staff and production. My town definitely got rich off wartime mining after people figured out what molybdenum is good for.

[Anonymous No.53819580]

Looking at the graphs in the last Andy market recap video, it looks like commodities could get absolutely fucked for the next 6 months minimum.
Possibly even more fucked compared to the general markets.

I bet we're going to now get the proper pullback from that insane 2020 commodity run and we dive from this support zone that we've been constantly bouncing from.
It could get really fucking brutal if this pulls all the way to 190 instead of 220-240.
If it starts looking even remotely shaky, we should be going the way of cash gang regarding commodities for the next 6 months at least.
Would be one hell of a buying opportunity though.

[Anonymous No.53819853]

minimum $34 silver within the next 6 days

[Anonymous No.53819918]

GV trying to rally his tard army to battle 3M new Brunswick shorts. I predict complete failure and a 20-50% shareprice drop in the next 1-2 months.

[Anonymous No.53820072]

>>53819580
>that insane 2020 commodity run
Lmao. Good one.

[Anonymous No.53820196]

>>53820072
Not that anon but I think he was talking about buying the dip that came right after the Wu Tang flu lockdowns.
>one hell of a buying opportunity though
This was the hint

[Anonymous No.53820396]

>>53820072
There was an anon here telling us to buy Cleveland cliffs and nobody did iirc. Don't recall when that was cuz years ago now. But if you had bought the dip in March 2020 you'd be in good shape just now.
I've said before I think silver will hit $15 again before it hits ath or even close to it.
Both Bob and daneggar are right about the valuation/price discovery while also being wrong about how they reach their conclusion. Price discovery isn't possible in earnest because of the third party of government. Neither of them consider what the free market valuations would be because they both advocate government intrusion. Therefore the argument of valuations or price discovery are moot from both sides as they are incapable of conceiving of a model where the state has no jurisdiction or ability to tax

[Anonymous No.53820532]

>>53813936
Yeah I don't know shit about commodities, but i miss that little moustache nigga like you wouldn't believe

[Anonymous No.53820551]

>>53820396
You're valuing it in government issued currency that's taxed and manipulated by the government.
There's no model where a dollar value exists without those factors

[Anonymous No.53820580]

did she get new tiddies?

https://www.youtube.com/watch?v=z1s_aHR7C_w

[Anonymous No.53820733]

>>53820580
Daniela Cambone >>>


Also robert is a DH. watch 9:22

[Anonymous No.53820937]

>>53820551
>>53820551
Money metal currency and exchange existed before fiat. Zoom out Bob

[Anonymous No.53821022]

>>53820937
Yes, and governments controlled those as well. Taxed them too

[Anonymous No.53821215]

>>53816579
Yeah they were "national" "Socialists". That's the point. You take care of your people. It works perfectly fine in homogeneous white societies.

[Anonymous No.53821279]

>>53821215
Collectivism is the root of your weakness since you aren't a strong individual but ironically you long for a strong individual to be what you wish to be. Ultimate cuck

[Anonymous No.53821320]

https://www.lewrockwell.com/2023/02/thomas-woods/the-myth-of-the-all-seeing-regulator/

[Anonymous No.53821364]

https://thenewamerican.com/geological-study-refutes-green-energy-agenda-not-enough-metals-to-replace-oil/

[Anonymous No.53821429]

>>53821279
I'm strong as fuck and I don't need anybody. I just want a prosperous and happy society which is what they used to have and you can just look at any photo from families fifty years ago and know that's true.

Thanks for stealing that from us.

[Anonymous No.53821453]

>>53821429
You would die without the state that's why you worship it. The state can't help anyone without hurting someone else first

[Anonymous No.53821479]

>>53821429
having lived through the 70's I can tell you you're not missing much. It certainly wasn't some pure white utopia if that's what you're thinking.

the main reason kids aren't as happy now is literally what we're doing right now. Kids didn't play video games or talk to strangers on the internets because those weren't a thing back then. We went outside and threw rocks at each other. We pretty much lived outside in roaming gangs of feral children playing lord of the flies and burning down houses.

if someone was taking your picture you smiled, because that damn thing cost an hours wages to develop and print, and if you fucked it up you didn't get another shot at it.

[Anonymous No.53821515]

>>53821429
Also beatings

you'd get your ass beat at least once a day, usually several times. So when you weren't getting your ass beat you'd be thrilled about it.

sometimes you'd not get your ass beat AND get some ice cream. That was a truly happy day. Familes were happier then because things were generally worse, not better. It's easy to be happy when everything sucks really bad and you get a small break from the suckage.

[Anonymous No.53821595]

>>53821429
The other thing is society was more homegenous because it was forced. If you did anything outside the norms you were a CRIMINAL and you didn't get jobs, places to live, or much of any help aside from charity given alongside a healthy dose of preaching and probably beatings.

Which all probably sounds pretty good to the 4chan types, except I guarantee every one of you breaks societal norms and would've been tossed out of normal society for it. Whether you're gay or don't believe in god or you have communist ideas or question the authority of the government or engage in open racism, or do drugs or have ever done drugs or have ever stolen something or have sex without getting married or even just stacking gold,
You guys would have all been criminals and hated by the homogenous society of the 70's
You wouldn't make the cut, you're not good enough. Almost nobody is. Hell, Donald Trump was widely hated by boomers because he got divorced and remarried, and because he declared bankruptcy. Times have changed a lot. But it's a bit dumb to long for the good old days when you would've probably hated them.

[Anonymous No.53821666]

>>53821595
>Nobody used drugs in the 70s

[Anonymous No.53821667]

>>53821429
On the plus side people got paid a lot more, but it was normal at the time for families to live on what one man could earn. So there wasn't a lot of money left over.

All of you that can afford to buy gold or speculate in stocks wouldn't have been able to do that 50 years ago. Gold was illegal to own, but even if it wasn't you couldn't afford it after paying the mortgage, car payment, grocery bills, and utilities for a family of four all by yourself. Everyone is MUCH wealthier now, even though pay is much lower. Because now it's normal for everyone over the age of 18 to work. But we're backsliding on that by letting our kids live with us past 18. Living with your parents or collecting welfare was looked down on to the point where boomers like me still have trouble thinking of any of you as adults. As an adult man we expect you to go out, work your job, marry some chick and have kids with her, and not have money to burn on things like stocks or gold.

Though again gold was illegal to own then, and stocks required several thousand dollars in the bank to buy into. Which is about like requiring a $20k down payment to buy stocks now. It was that hard to save a couple thousand dollars back then. Almost nobody bought stocks unless they were already wealthier than any of you guys probably ever will be.

[Anonymous No.53821675]

>>53821666
>Nobody used drugs in the 70s
Lots of people used drugs in the 70's. They weren't allowed to work most jobs, couldn't serve in the military, couldn't run for government office, and were treated like shit by the 'normal' and 'good' people of the time.

[Anonymous No.53821706]

>>53821479
What a pathetic larp, there's no way you actually lived through the 70's, that or you have brain damage.

[Anonymous No.53821712]

>>53821675
USMC didn't test for drugs until the 80s

[Anonymous No.53821739]

>>53821712
No real need since if you got caught using drugs the FBI knew about it. Even when I served in the late 80's and early 90's, simply admitting to ever using any drugs other than "marijuana once, but I was just experimenting" was a disqualifying offense.

even smoking weed once guaranteed you couldn't get a top security clearance. Actually getting busted for drugs usually meant time in the brig, a dishonorable discharge, and your life ruined. Might be the same now, I don't know.

[Anonymous No.53821753]

>>53821706
>that or you have brain damage.
most kids that lived through the 70's do.

if the leaded gasoline and car wrecks without seat belts didn't get you, the rock fights with neighbor kids almost always did.

[Anonymous No.53821775]

>>53821712
I mean when I joined the USMC they showed my my FBI file, and it had my juvenlle and adult records there. If I got busted with weed in high school, that would've been enough right there to ruin my life. The military knows pretty much everything a person has ever done, and most of what they track is the bad stuff.

[Anonymous No.53821818]

>>53821712
another fun fact is atheists weren't allowed in the military. At induction they asked what church I go to and I told the sergeant I was an atheist and he screamed THERE'S NO ATHEISTS IN MY MARINE CORPS!!!11
I suddenly became a protestant so I could join.

Gays weren't allowed to serve, and women weren't ever allowed in combat roles. It was different times. But yeah, drug use or a history of complaining about the government would definitely disqualify an applicant, and probably get them on a watch list.

[Anonymous No.53821862]

>>53821712
A lot of those old laws are still on the books as far as the government is concerned. E.g. when I go to buy a gun it asks if I use drugs or have ever used drugs. Answering "yes" means you can't own a gun.

Or old views on adultery. As far as I know the military still treats adultery as a criminal offense. In a lot of ways the government hasn't changed its views much at all since the 70's. A lot of that stuff is still with us.

[Anonymous No.53821930]

>>53821706
>that or you have brain damage.
>>53821753

The other fun thing we used to do is gang up and beat the shit out of the weird kids at school and on the block. We played games like smear the queer and jungleball where the entire idea was to hurt someone as bad as possible. And fistfights, you were expected to be able to fight. If you couldn't fight you were getting beaten daily.

kids will be kids.

[Anonymous No.53821941]

>>53821930
>we used to do is gang up and beat the shit out of the weird kids at school and on the block.
and by "weird kids" I do mean you guys.

most 4chan anons would've been beaten daily for being odd.

[Anonymous No.53822163]

>>53821941
Retirement home residents shouldn't be allowed to use phones past bedtime

[Anonymous No.53822226]

>>53822163
He's just another sad old man who realized the same people he disliked 50 years ago are his only friends now but since he is emotionally stunted or early symptoms of Alzheimers start to kick in he thinks trolling and making up stories is the same as being nice and caring

[Anonymous No.53822293]

>>53813936
wen nuclear energy boom?

[Anonymous No.53823049]

So how about that $28-30 silver Gary Savage called?

[Anonymous No.53823951]

So is palladium getting hosed because investors are fleeing due to everything going electric? Does it just not have much of a use case going forward with the Jewish removal of the ICE or what? Trying to figure out why it's performing so pisspoor

[Anonymous No.53824119]

>>53823049
Just saw his tweet what's he saying about sell quick?

[Anonymous No.53824746]

Inflection Resources up around 30% today

https://inflectionresources.com/inflection-resources-and-anglogold-ashanti-sign-a-heads-of-agreement-for-a-multi-year-exploration-earn-in-across-portfolio-of-copper-gold-projects-in-australia/

[Anonymous No.53825142]

>>53819853
More like $42 tomorrow lol

[Anonymous No.53825286]

EIA +14.511m adjustment factor.
What is the methodology they use to calculate this?

[Anonymous No.53825325]

>>53825142
Kek, fucking fractals. Biggest trap in TA.

[Anonymous No.53825680]

More poor results from Eskay. I'm surprised they're still valued at over 100 million when the entire 30,000m drill campaign came up with next to nothing and after all the hype.

[Anonymous No.53825846]

>>53825680
not horrible, only down 4% today, but almost every companies release lately is sell the news

[Anonymous No.53827257]

>>53818138
Stop being a fag on 4chins and fuck off. I bet you suck niggy cocks.

[Anonymous No.53827301]

Did natty gas do a reversal? Hard to believe.

[Anonymous No.53827927]

>>53827301
When to catch red dildo?

[Anonymous No.53828021]

>>53827927
Alright yall so Gary says a bounce in gold for a couple days and then movement to the low, the icl, and then off past 2000 after that. This nigger is right about every single call.

https://m.youtube.com/watch?v=g8-LxuqjCd4&pp=ygULZ2FyeSBzYXZhZ2U%3D

[Anonymous No.53828062]

>>53823951
Just more market retardation. We don't need commodities anymore. We don't need metals anymore. We're all going to plug into the internet and out on our vr goggles and coom while estrogen and onions is pumped into our veins.

[Anonymous No.53828163]

>>53828062
I for one welcome our Onions overlords

[Anonymous No.53828199]

>>53828163
We will all coom digitally and make crypto currency with ping ping sounds.

[Anonymous No.53828234]

>>53828199
I see you got on the tele. Was expecting you to be taller tho

[Anonymous No.53828407]

>>53825680
Remember that faggot telling us we should buy at 450 MC ?

[Anonymous No.53828435]

How much longer can things go on with commodities being starved of liquidity? What the fuck is going on? Where are the capital flows?

[PAN MAN No.53828451]

>>53825680
>>53825846
to be fair thats extension drilling, they drilled past the highest grade part of the vein system. Blueberry is still pretty good over all.

[Anonymous No.53828685]

>>53828021
>is right about every single call.
He has been wrong about every single call. And everytime he says something new I call out how he is always wrong and get met with a nuh uh-uh. I am not letting it slide this time. $28-30 silver. He said this was coming end of February and we literally have gone the opposite direction after his call back down to $22.

[Anonymous No.53828715]

>>53828685
>t. David Hunter

[Anonymous No.53829135]

>>53824746

[Anonymous No.53829203]

I bought 100 shares of boil because it's at a 52 week low. Sold most of my sand at a 70% profit to buy it. But source energy was at a 52 week high so maybe time to pull out

[The Dane No.53830067]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1082-tsx/fr/136829-first-majestic-announces-financial-results-for-q4-2022-fy2022-quarterly-dividend-payment.html

$55M loss for 2022, epic company. At least they paid out $7M in dividends, while raising $100M by issuing new shares.

[Anonymous No.53830150]

>>53828234
Haha. Dammit

[Anonymous No.53830159]

>>53828685
Gary has not been wrong about a single call he's made. He archives his videos on YouTube. You can watch.

[Anonymous No.53830181]

>>53830067
Lol I was wanting to buy them and Hecla.... I'll wait.

Was getting drustrated again with kootenay but I almost didn't listen to my own preaching. It's ounces in the ground literally just buy and hold it.

[Anonymous No.53830259]

>>53830181

haha i remember this.

i'm sitting perfectly even with koot, and it's spent more time in the green than in the red which is better than i can say for most miners i've bought which are endorsed by cmmg. i'm looking forward to seeing them all blast off, and dca'ing every time it dips red again.

[Anonymous No.53830384]

>>53830159
Then when exactly are we testing $28-30 if not "by the end of the month". What else does that mean?

[Anonymous No.53830523]

>>53830384
Canadian dollars bro

[PAN MAN No.53830638]

https://www.mining.com/web/supply-squeeze-sparks-122-rally-in-little-known-metal-market/

huh! when did molybdenum start really spiking up again? I knew people were starting to stake moly claims again but I thought they were nuts. I guess Endako gets a revival after all!

[Anonymous No.53830734]

i just happen to buy every loser. i am down 30% unrealized overall. but Pure Gold Mining Inc. is my first defeat. i dont even know what happened

[Anonymous No.53830754]

>>53830638

i assumed i already missed that boat which is why i haven't bothered doing any research into it. is it sensible to have a safe position in virtually every metal market in the event it blasts off?

[PAN MAN No.53830796]

>>53830734
Pure Gold was fucked by management and difficult ground conditions that they failed to alert investors about. Management went full bore building a mine, expecting easy results, but the ground they were working in turned out to be horrible, causing grade dilution, and stability issues that made mining unsafe. Add on that the mill was poorly optimized and things spiraled. The gold is there in the ground, but the company couldnt make it work with their setup / strategy. They didnt tell investors about these problems and just kind of pretended everything was fine. Now the mines mothballed and probably going to get sold.

[Anonymous No.53830818]

>>53830796
thanks for the info pan man

[PAN MAN No.53830836]

>>53830754
Molybdenum is a really oddball market to begin with, its like iron ore but more chaotic. It goes up and down with steel because its used in all sorts of alloys and commercial lubricants but its such a large / bulk tonne commodity that you have to think in massive numbers. Its not something that we critically need more of, we have shit loads of moly laying around, there is a whole region made out of the ore in central bc. I wouldnt even bother tracking it short term.

[PAN MAN No.53830854]

>>53830818
I hate that project so much because the corporate guys did what they always do, lied about what happened and blamed their work force for the fuck up, not them going all in without a bit more work to plan how to actually mine. The ground stability issues were known early on it seems by their mining contractor, they were notified but just brushed it under the rug. Fuckers.

[The Dane No.53831318]

>>53830181
I don't think it's going to be a good buy later either, mgmt is poor I think. And it's just so expensive, like all silver companies. Maybe it will be possible to find some deals when the market finally dips to 3k.

[Anonymous No.53832395]

>https://www.country-guide.ca/equipment/the-energy-transition-for-tractors-has-already-begun/
Good article on hydrogen diesel engines from today's news

[Anonymous No.53832475]

>>53819853
It’s over

[Anonymous No.53832551]

>>53830734
>Pure Gold Mining Inc.
same, I got shanked by Aurcana as well

[Anonymous No.53832622]

>>53830638
>>53830754
Haven't missed the boat yet. Still early. Buy $STU on its pull back right now, Eric Sprott just dumped $1.5 million into a PP.

[Anonymous No.53832633]

>>53830638
>>53830754
>>53832622
Forgot the link...

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2737-tsx-venture/stu/136796-stuhini-exploration-ltd-announces-up-to-1-600-000-private-placement-with-lead-order-from-eric-sprott.html

[Anonymous No.53832642]

>>53832475

[PAN MAN No.53832748]

>>53832633
now thats interesting, Stuhini was more interested in Ruby Creek's silver deposits, but molybdenum is up that way too.

[Anonymous No.53832755]

>>53832475

[Anonymous No.53832851]

>>53832748
I think their gold and silver search turned up empty handed, no intercepts. They're focusing strictly on moly now at Ruby Creek, given the price and that it's expected to stay elevated going forward.

Greenland Resources has higher grades, but they're in Greenland, no roads, no infrastructure. Ruby Creek is already good to go.

[PAN MAN No.53832904]

>>53832851
my concern with anyone exploring for new moly is there are already 3 mines i can think of that generate vast quantities of the mineral yearly, Endako mine on its own is a huge source thats been mothballed for a number of years due to lower than required moly prices. Any new project for the stuff needs to out compete existing mines and i dont think thats workable right now, unless the grade is 40% or something even crazier.

[Anonymous No.53833007]

>>53832904
Ruby Creek's grades are twice that of Endako. Main catalyst to new mine production is that the Climax mine in Colorado has around 3 years left.

[PAN MAN No.53833030]

>>53833007
oh really Climax is nearly done? Now that makes sense. Endako's grade isnt crazy but its got a lot of reserves left, thats why I always think of it when bringing up moly. Blue Pearl is another fantastic moly deposit i can think of but good luck ever seeing that one go, I lost a lot of money in Thompson Creek Metals when that plan failed.

[Anonymous No.53833070]

>>53833030
It's unfortunate that ree don't get as much attention until there's a rock and a hard place. I want a firmer grasp on chemistry and geology to better understand them, chiefly to get a handle on their elasticity.

[Anonymous No.53833105]

>>53833070
Will have to check from laptop or archives but maybe some kind soul here could elaborate on the broader ree market. Iirc the issue was facing a supply crunch but the grim reality were the jurisdictions?

[PAN MAN No.53833134]

>>53833105
its both problems. China gets a lot of attention for rare earths because they dont care about the local cost of milling the ores REEs are located in. I think it was Sweden that just released memos about a set of massive ore bodies they have, but mining it would likely result in public backlash. North America has a number of major deposits but the same issue applies. A mine in Canada's Northwest Territories just opened up for REEs but its tiny compared to most other projects.

[Anonymous No.53833226]

>>53833134
i had done some poking around for a way to get in on that action. looking into the processing i found a minute amount of australian smelters/refiners that seemed to be irreplaceable. they were interesting due to an inexplicable amount of maybe platinum or palladium that comes from the philipines or indonesian islands.
sorry m8 im cooking just now. lost the scent

[Anonymous No.53833869]

>>53833007
>>53833030
Climax has less than 5 years on the open pit, but they have a massive ore body underneath that that might or might not be worth mining.

I believe after Climax runs dry, Freeport will just bump up production at Henderson, which has about 15 years left iirc. They also know of other massive moly deposits that they're not mining at this time.

[Anonymous No.53834258]

>>53830384
Apparently after this pullback.

[Anonymous No.53834272]

>>53832551
Speaking of failed mines, GATOZ FUCKED ME last January

[Anonymous No.53834278]

>>53831318
Scz is cheap right now but it's higher risk. Look at ounces produced and look at their marketcap.

[Anonymous No.53834764]

Does anybody actually pay Andy the 600 dollars a year he wants for his membership?

[Anonymous No.53834778]

>>53834278
Level with me red
If I take iras classes while the storm is going on, will I get my money back in two more weeks?
The real reason is to compare notes with you and bluesmonke while also disregarding bobs thesis that much more effectively.

[Anonymous No.53834833]

>>53829203
nigha nat gas is going to 0

[Anonymous No.53834866]

>>53834764
No he did videos every day for a year and we already know what his content is. Plus he doesn't have the dd skills to justify a subscription.

[Anonymous No.53834871]

>>53834778
Haha. I have bluesmonke on protonmail. If you're serious about trading you can start making money with iras classes right away. I'd rather long term inevst though.

[Anonymous No.53834904]

>my hercule silver position is up 190%
I hate averaging up but it's one of the best silver pick I bought. Also, Kootenay dipped hard, was up 100% now only 20%. Might add more to my stack...

Its pretty funny, I was alsmot all-in Silver and now after 2.5 years of DD, I have 50% allocation to Gold stocks. Quality silver stocks are really rare.

[Anonymous No.53834909]

>>53834764
$600???!?
Where the fuck does Andy get off on charging $500?
Clearly $400 is too much.
Nobody in there right mind would pay $300.
I wouldn't even consider $200.
So brazen, shameless really; asking one hundred dollars for something worth maybe tree fiddy

[Anonymous No.53834940]

>>53834909
You are a retard if you need to pay 600 only to get advice on buying major and royalties plays.

[Anonymous No.53834955]

>>53834871
I'm not serious about trading. I have 20k that I could toss at it and if it disappears I'll be grateful I learned. Not fudding, not memeing, I genuinely don't care what people do with their money. But every pick I've made based on /cmmg/ recommendations has been in the red across 5 months.
>Zoom out
Yeah. I know.

[Anonymous No.53834963]

>>53834904
Yeah it’s actually kinda crazy how little quality silver stocks there are. And there’s not that many majors either. I can probably count on both hands the majors who have >30% of their revenue coke from silver

[Anonymous No.53835042]

>>53834955
dont blame cmmg

[Anonymous No.53835112]

>>53834963
Gogold is the best junior producer and abrasilver is the best explorer in terms of delivered results and no bullshit.

[Anonymous No.53835524]

damn, i've been gone for a couple of months, came back to check in on the news and cmmg has turned to absolute shit.

>>53835042
lol what are those numbers even supposed to mean

[Anonymous No.53836824]

Morning bump

[Anonymous No.53836963]

How can it be possible our brilliant friend and contributor is near the bottom of the ceo.ca stock contest?

[Anonymous No.53837115]

>>53836963
Kek.
I see he's now pumping his buddy Allan Barry Laboucan's turd company AALI, claiming that it will get a lithium contract with the Mexican government.

[Anonymous No.53837335]

>>53837115
Unlikable jew

[Anonymous No.53837629]

>>53834258
So another game of kicking the can down the road. We will be in this "pullback" for years with the promise of going up "soon".

[Anonymous No.53837725]

>>53837115
2 flaming homosexuals

[Anonymous No.53837767]

Scottie with another top hit of the week

[Anonymous No.53837884]

>>53837629
No. The cycle has changed. The eight year low was hit in November and it will be an upward trend and we will have a bubble phase. Gary calls it in the next year. Corrections and pullbacks are normal. We were at $17 silver back in November. We're at 21 now. Silver is oversold. The chart looks great.

[Anonymous No.53837903]

>>53837767
God damn I hate snowline gold.

[Anonymous No.53837913]

>>53834778
>will I get my money back in two more weeks?
If money is even just a temporary concern the dropbox offer still stands. You can always make the money first then pay it back after the fact if you want to be legit about it

[The Dane No.53838153]

>>53834278
Keep in mind though, that most of their silver equivalent ounces are base metals. Also they have large payments to Glencore over the next years for the Bolivian assets. I only spent a short time looking at it but it's also a bit hard to confirm whether the ounces produced only includes their share of the bolivian mines or if it's their total production, because they only own 45% of them.

[The Dane No.53838207]

Higher inflation numbers are pushing yields and the USD up again which is hurting PMs. 10Y almost back to 4% now. 5Y at 5.23%. Will we see $1T in interest payments this year?

https://fred.stlouisfed.org/series/A091RC1Q027SBEA

[The Dane No.53838218]

>>53838207
>5Y at 5.23%
4.23%*

[Anonymous No.53838280]

>>53837767
Add them to your watchlist, if they get cheap, buy some. They just hired the Great Bear dude who could lead them to a monster buyout.

[Anonymous No.53838320]

>>53837903
Add them to your watchlist, if they get cheap, buy some. They just hired the Great Bear dude who could lead them to a monster buyout.

[Anonymous No.53838761]

>>53838207
Yeah no shiet, my mining stocks are literally getting räped... and so I am :(
Commodity supercycle amirite? Gotta buy every dip r-r-right bros?

[Anonymous No.53838764]

>>53837725
>>53837335
A sociopathic leaf kike and a prairie nigger posing as a Mexican.

[Anonymous No.53838917]

>>53838761
Apparently you need to mention AI several times in your earnings call and your stock goes up 15%.

[Anonymous No.53839057]

>>53838917
NVDA is in a great position to lead the market so I guess it is understandable. Still kinda pisses me off that I gotta wait several years to be +100% on mining stocks while some of my tech stocks do +200% in just couple of months... so stupid.
Anyway, I am slurping big time. Lundin stocks are finally getting pretty cheap

[Anonymous No.53839830]

SANTACRUZ BROS.

URGENT WARNING

https://youtu.be/jqt4SaM6p_A

[Anonymous No.53839850]

>>53839830
SILVER CHART FOR ALL THE FAGGOTS ASKINGF WHEN SILVERS GONNA GO UP

https://youtu.be/OIjVYDF_9Ss

[Anonymous No.53839914]

>>53839830
So basically their debt is fucked but on the other hand all they need is one good year and they can completely pay it off. If they have 20 million in debt liabilities and they produce 15m oz a year. They only need one good year to completely pay it off. Seems the number they need is for silver to be around 24 oz or so.

I'm not good sitting in such an uncertainty especially when there is the question involving the new cfo and missing financial statement. So I sold out and threw it into gogold for the time being.

[Anonymous No.53839940]

Crude running away from the inverse of the DXY.
Interdasting. How does the US now being a net exporter of the stuff change this dynamic. Could this be why the CAD is faring so poorly to the USD?

[The Dane No.53840110]

>>53839830
Red Youtube hype. The financial reports are not published on the last day of the quarter, it just shows that date as the end of that period. The Q3 report was published on Nov 30. as was showed in the Juniormining page you pulled up. Ususally you get production numbers in the following month after Q end and financials in the 2nd month. It's not atypical for year end financials to first come out in March, I assume this is because it needs to be audited, which I don't think quarterly results are.

[Anonymous No.53840193]

>>53839914
I dont touch debt, dont care how good your production will be. Do not be under debt. Usury disgust me.

[Anonymous No.53840229]

>>53840110
Still though. Taking that out of the equation does little to alleviate the other concerns though.

[Anonymous No.53840250]

>>53840193
Yeah it was enough for me to bail. I'll go back in once the Financials are released.

[Anonymous No.53840877]

>>53837913
I'm gonna break down and take the class in the next week I was just shiptoasting drunkenly last night. We're snowed in here so might as well take the class and have at least accomplished something during this down time

[Anonymous No.53840926]

Anyone else buying the dip?

[Anonymous No.53841172]

>>53840926
My account got transferred and I'm waiting for funds to settle
Sad_pepe.jpg

[Anonymous No.53841190]

>>53840926
pretty crazy, it went BELOW march 2020 level.

[The Dane No.53841498]

>>53840229
Yes it's definitely a very leveraged play where there is serious risk of bankruptcy or huge dilution if silver + zinc/lead price doesn't go up and stay up over the next few years.
I was looking into Bear Creek Mining, that may be the best silver play I've seen so far, at first glance anyway. They are also highly leveraged after they bought the Mercedes mine in Mexico from Equinox Gold, but they are pretty cheap. $80M mkt cap for a 70koz/y producer with a very large silver project in Peru that is fully permitted and seems robust (obv there is jurisdictional risk tho). Like 16Moz silver production first couple of years. Mgmt seems very competent and participated heavily in an equity raise last summer.

[Anonymous No.53842011]

>>53840926
are earnings the reason for the drop?

[Anonymous No.53842373]

>>53842011
not really, they're not a pure silver play ever since their acquisition

[The Dane No.53842411]

>>53840926
Sentiment is probably a big part of it, it's largely a meme stock.

[Anonymous No.53842435]

>>53837903
https://twitter.com/TheLastDegree/status/1629152651907563520

He sold some snowline

[Anonymous No.53842565]

>>53842435
He's getting killed on so many positions he might as well take 5-6x on 1/3rd of his #2 winner. He also likes to average down his losers, pump them to his followers, and then dump them when he's up.

[Anonymous No.53842638]

>>53842435
Just checked and sure enough GV was pumping Snowline hard this morning following today's news release to create buyers he could sell 1/3rd his position to, kek.

[Anonymous No.53842698]

I'm conflicted, I was going to buy natgas crude and silver but now I want to lean more towards silver. Something's wrong with me anons. I also want some mining stocks now as they are cheap.

[Anonymous No.53843470]

>>53813936
3 refineries hit in one day. Pemex https://www.reuters.com/business/energy/pemex-hit-by-three-fires-different-facilities-one-day-2023-02-24/

Enemy action.

[Anonymous No.53843581]

>>53842373
They said cost of Jarrett canyon was a big factor.

[The Dane No.53843706]

>>53843581
>Buying a money losing mine
4D chess
>>53842638
I saw that lol.

[Anonymous No.53843790]

>>53843470
The grey war before the big war.

[The Dane No.53843901]

Found some costs for roasting and POX which is surprisingly hard to find. This is to oxidize refractory ore, which is necessary to get the gold as it is stuck inside sulphides. Even if done at $45/t, that is 0.75g/ton gold (at $1800/oz) going towards that expense. This is why 1g/t refractory ore projects don't work. I tried to explain to Don Durrett that this is why Freegold Ventures is so cheap despite having 20Moz. It's 1g/t refractory and that just doesn't work. He didn't seem to accept it though.

[The Dane No.53844043]

>>53843901
Costs are quoted significantly lower later in the PEA, must be for a self operated scenario (capex is very large and not included in opex).

[Anonymous No.53844123]

>>53843901
>refractory projects
Also the sulfide ore can contain arsenic and antimony which can incur penalties in a toll processing facility.
When promotets use the $/oz in the ground metric it warrants close attention to the metallurgy.

[The Dane No.53844159]

>>53844043
Actually nevermind, that is just an overview of total costs for the project. It is assumed that some ore is roasted and some is treated with POX. So the cost is assumed to be on average $50/t for oxidation.
Another oxidation option is BIOX (bio oxidation), which has lower upfront cost, but I assume higher opex than large scale roasting/POX.

[The Dane No.53844191]

>>53844123
>Also the sulfide ore can contain arsenic and antimony which can incur penalties in a toll processing facility.
Good point. Also some get lower recovery from refractory ore even though it is oxidized first. Probably also a tradeoff between time/money spent oxidizing and recovery rate.
https://firstmajestic.com/projects/producing-mines/jerritt-canyon/
FM only got 82% and 84% last two years. They are roasting their ore.

[Anonymous No.53844203]

>>53836963
How do you see this list on the website? What tab is it under??

[PAN MAN No.53844219]

>>53844123
arsenic is the big one that will get you penalized, antimony will as well but only if its not specifically listed as antimony ore for concentrates.

[Anonymous No.53844361]

>>53844203
Konnichiwa fren!

https://ceo.ca/?tab=stockpickingcontest

[Anonymous No.53845379]

Does anyone know of any instances of companies receiving kickbacks from drilling companies?
A lot of shitcos spend millions making Swiss cheese out of known moose pasture again and again. Are there any known scams orchestrated by companies and drillers?

[Anonymous No.53845424]

Silver is the jewish of rocks. Every time i fall for the low trick and it never gets boring. This one cursed, god don't like these synogoy thieves. Hold and get out. Learnt ages ago pretty much anything can make something. This is a greed metal

[The Dane No.53845506]

>>53845379
I wouldn't be surprised. But just picking up a fat paycheck in some of these small juniors that aren't really doing anything is somewhat of a scam in itself. I sometimes wonder what they do all day. Many juniors just do a small drill program per year and nothing else. What exactly is the CEO doing, "evaluating opportunities"?
The CEO of B2gold said in an interview that many of these companies have mgmt that actively work against being bought out or merging with other companies, no wonder having such a sweet gig. But consolidation would really do wonders for this industry. Especially among the small companies.

[PAN MAN No.53845610]

>>53845379
the main reason so many companies go the swiss cheese approach (especially in canada) is down to how mineral tenures work. Drilling work is very expensive, so it can be claimed for assessment work. If thats all you have to budget, you drill a bunch of holes, you get to keep your ground cheaper than paying in lew of work. Most juniors dont want to loose their projects / properties too early to a buy out, so drilling shows that their still actively working and planning more work in the future.

I do know of a few companies that do have cross contracts / agreements with a junior to make money off each other. STANDARD DRILLING & ENGINEERING LTD is one of them, they own a bunch of mineral claims, than lease them out to staffers as "optionees" than use some paperwork magic to make money.

[Anonymous No.53845639]

>>53845506
So apparently the stock market is going to crash Monday.

[Anonymous No.53845788]

>>53845506
Yes, these lifestyle or outright scam companies come up with some ingenious schemes to keep their farce going. There's a CEO who feigns incompetence in order to string along retail investors who think that his project will be advanced once he leaves. He has them fooled into thinking that the project is worth something, but in reality its mineralization, though it has high-grade pockets, is not continuous and it would have a difficult time getting permitted for mining.
But as far as the company and driller collusion, it would seem quite easy to pull off.
>Shitco Exploration hires his buddy Crapco Drilling
>Crapco drills a few holes, then Shitco reports 5,000M was drilled, when in reality Crapco only drilled 1,500M
>Crapco bills Shitco $1.5 million for 5,000M, then kicks $500K back to his Shitco buddy
>Shitco annouces the assays were dusters and they need to raise more money for a new project and drill program
>>53845610
>STANDARD DRILLING & ENGINEERING LTD
Thanks, PM. I'll research that.

[Anonymous No.53845831]

>>53845639
Good. About time

[PAN MAN No.53845838]

>>53845788
Standard Drilling belongs to Frank Callaghan, a well known wheeler dealer in the exploration sector who got fined and banned from the corporate world over his Barkerville Gold Mines fiasco. His daughter runs everything currently, as well as holds his companies mineral rights.

[Anonymous No.53845870]

>>53839057
>What is historical volatility
Different sectors just naturally swing more, on a percentage basis. Plus, mining is very sensitive to input costs (fuel, labor) and output value (metal price, demand)

[The Dane No.53845912]

>>53845639
Why?

[Anonymous No.53846104]

>>53845838
What a piece of work. Looks like he tried to pull off Bre-X 2.0.
>The company reported that it had a 10.6-million-ounce indicated resource on the property plus as many as 65 million to 90 million ounces in the same trend.
https://www.pressreader.com/canada/stockwatch-daily/20190423/281505047623381

[PAN MAN No.53846261]

>>53846104
oh man the story on this is hilarious

>be Callaghan
>be at Vancouver Mine Expo
>your head geo has a coke problem (allegedly) and meets you in a private suite with some of his buddies
>hes got a great idea!
>drill the two major quartz veins along their whole length laterally, than say the holes are vertical and cross cut the structure!
>instead of the vein being 40m wide its now almost a KM in width!
>Holy shit thats brilliant!
>No one will catch on to this!
>Release your reports afterwords
>everyone catches your bullshit right away
>get into massive legal trouble
>loose your company and project
>fuck.jpg

Franks not a bad guy, hes just over enthusiastic about his projects. He truely wanted to see the Barkerville Gold project go, and had a really smart plan to do it. He just fucked up at the worst time.

[PAN MAN No.53846380]

>>53846104
https://biv.com/article/2017/10/barkerville-suing-founder-frank-callaghan
this report from years ago has some really good info on him, he may be a wheeler dealer but hes done a lot for the small scale exploration sector, including paying for projects in his own cash.

[The Dane No.53846413]

>>53846261
What a retard. I read in the article that they had to restate their resource at 1/10th of what they tried to do. Why not just scam a moderate amount and go for double what it should be instead, you may even have plausible deniability of intentional wrongdoing. It's not like he needed for the project to be 10Moz to garner investor interest.

[Anonymous No.53846594]

>>53846413
I think he wanted to be a legend, a mining immortal.

[Anonymous No.53846622]

>>53846261
>drill the two major quartz veins along their whole length laterally, than say the holes are vertical and cross cut the structure!
>instead of the vein being 40m wide its now almost a KM in width!
I'm having trouble visualizing this

[The Dane No.53846755]

>>53846594
>Qei8hANE
Maybe, but unless he is literally 50 IQ, he must have known that it would obviously only be a matter of time before people found out he was scamming. If the project really was world class, investors would have demanded accelerated development and it couldn't have taken long before the house of cards would have collapsed.

[The Dane No.53846799]

>>53846622
If you have a vein that extends for a kilometer along strike you can drill it from one side to the other and have amazing results. Always important to understand true width, sometimes even non scammers will drill 10 meter of super high grade that turns out to be only 3 meters of true width for example, because the hit the vein at a steep angle instead of a 90 degree angle.

[Anonymous No.53846900]

>>53846755
One thing for sure is that if I see a technical report from GEOEX LIMITED, I'll know that it's likely overstated.
Also, this was the first TR done by GEOEX for Barkerville. The company had used other consultants previously. This Peter George joker ruined his career over this. I see that he did QP work for Rubicon, too. Figures.

[PAN MAN No.53847039]

>>53846594
he wanted to be bigger than Murrey Pezzum, and he wanted his Barkerville gold project to be known world wide, as he believed the area had been basically forgotten about unjustly.
>>53846900
The scandal wrecked a bunch of professionals for sure, and ruined the reputation of the barkerville gold trend for a long time, its still hurting the modern project there to this day. Investors still bring this up when ever Osisko says they found something.
>>53846622
basically think of the vein going up and down, and was say 10-40m wide and a km long. The idea was to drill the whole length of the vein flat, than say that the drilling was done both from above and cutting across the vein, making it appear on paper to be insanely massive. In reality its all narrow veins, but on news release day no one knows this, your stock pumps, you make bank. Than people start piping up and your in deep shit.

[Anonymous No.53847116]

>>53846799
>>53847039
Interesting, I get it now. Incidentally (no pun intended), any kind of press release is designed to basically be marketing and advertisement to make a company look good. Especially their highlights

[PAN MAN No.53847175]

>>53847116
unfortunately for Frank it was caught basically the moment the news hit, numbers didnt make sense. The geo team was quickly questioned and they caved, followed by a whole load of other allegations of fraud and misuse of company info with outside contractors.

He was leaving just as I was starting to do exploration work in the Cariboo district, the stories about this guy from locals who worked for him are hilarious. He used to show up on pay day with a set of hockey bags, to pay out guys overtime and backpay in bundles of cash he would draw out of accounts in Vancouver. He always wore a cowboy hat and high rattlesnake boots. Sometimes in winter he would show up at drilling sites in a full length fur coat. He is quite the character to chat with.

[The Dane No.53847274]

>>53846900
Definitely something to keep in mind.
>>53847116
Yes you always have to be wary of junior developers/explorers as they will naturally be pumping their project. Sometimes they show true width. But if it's a new vein system they typically need more data and modelling before having a good idea.

[PAN MAN No.53848510]

quick news bump
https://www.canadianminingjournal.com/news/artemis-prepares-for-major-work-orders-blackwater-construction-fleet/

https://www.bcyukonmining.com/2023/02/22/nicola-mining-announces-soil-geochemistry-results-from-the-wp-area-at-the-new-craigmont-property/

[Anonymous No.53848647]

>>53845912
Because reasons and stuff and it's gonna drag down gold and silver because reasons.

[Anonymous No.53849132]

Bump for stock market crash because reasons and gold and silver js a bad investment that won't protect you from stock market crashes.

[The Dane No.53849618]

>>53848647
It may do that. I have also been anticipating a drop to 3000 at some point, wouldn't mind getting to slurp some more cheapies.

[Anonymous No.53849813]

AM fire bump.

[Anonymous No.53850295]

Uranium sauctions are coming

[Anonymous No.53850483]

>>53840926
>>53843581
>>53843706
https://iknnews.com/first-majestic-ag-fr-to-and-the-price-it-has-paid-for-jerritt-canyon/

[Anonymous No.53850500]

>>53850295
Bullish for encore?

[Anonymous No.53850548]

>>53845639
>>53848647
>>53849132
You're drunk.

[Anonymous No.53850573]

[Anonymous No.53850595]

>>53819329
Would he do the same thing for Uranium ?

[The Dane No.53850673]

>>53850483
Kek. And Sprott had sold 75% of the shares he received from sale of the mine to AG as disclosed in his latest filings. Probably sold the rest by now lol. I wouldn't buy AG for $1, they are losing money and mgmt is braindead.

[Anonymous No.53850700]

>>53850483
This IKN guy is based. Hadn't heard of him before.

[Anonymous No.53850713]

>>53850700
Pay attention, we talked about him plenty of time in the past

>>53850673
based Eric dumping on Keith retarded ass

[Anonymous No.53850803]

>>53850700
>based
Turner is an insufferable leftist douchebag and monumental hypocrite.
http://www.321gold.com/editorials/moriarty/moriarty081020.html

[Anonymous No.53850846]

>>53850803
based Bob can't be beaten

[Anonymous No.53850910]

>>53850846
>>53850846
Word.
Continuing on Otto Cock, he pumped his fellow traveller Alex Black's Rio2 for years, knowing that his plan to truck 700k gallons of water 100 miles each way up a shitty dirt mountain road would never fly. But he kept on pumping it until the authorities said no fucking way.
Sure, he makes some good observations of the industry, but he also has left a trail of bag holders in his wake.

[Anonymous No.53851252]

>>53850910

[Anonymous No.53852295]

https://www.reddit.com/r/SilverDegenClub/comments/11bnfmf/one_day_out_from_first_notice_day_and_the_march/

[Anonymous No.53852322]

Fomoeded into silver. I don't have monies to buy the dip.

[The Dane No.53852467]

>>53852322
सब खत्म हो गया...

[Anonymous No.53852824]

>>53852467
Uk taxes paid for this

[Anonymous No.53852847]

>>53850992

[Anonymous No.53852897]

>>53852824

[Anonymous No.53853560]

>>53852467
Anon...

[Anonymous No.53854137]

Slow weekend edition

[Anonymous No.53854372]

>>53854137
>Roads with lines

[Anonymous No.53854398]

>>53854372
I didn't do any coke yesterday tho

[Anonymous No.53854488]

>>53854398

[Anonymous No.53854637]

>>53854488
Is that a band? Do they suck?
Oh fuck it I'm gonna drive home and do some coke now. Need to check my houseplants anyways since powers been out for days now I bet they're bored af

[Anonymous No.53854995]

>>53854637
>Is that a band?
It's a song by Black Sabbath about cocaine.

[The Dane No.53855026]

>>53853560
is the translation any good?

[Anonymous No.53855063]

>>53854995
Oh well I'll just have to give it a listen.
Neighbors eard some coyotes the other day and my buddy found tracks in the mud and snow. Gonna set up a caller to bait them in this evening. Should be fun

[Anonymous No.53855349]

>>53855063
It's mating season.

[Anonymous No.53855375]

>>53855349
Noted. Any suggestions?

We're gonna use the game call but I bet a mating call would work. Setting up about 75 yards across a creek so we have a good position and plenty of open area so they don't have much for cover.

[Anonymous No.53855436]

>>53855375
They're sneaky bastards. They don't have a set routine and can show up at anytime. They only pattern I've noticed is that they like to use deer or antelope trails, presumably to look for stragglers.

[Anonymous No.53855500]

>>53855436
You're in some thick brush there. It's high desert here. I have night vision and thermals to help locate them. Never seen one on any of our game trail cams so they're either really sneaky or you are really good at disguising your unit. Both I bet.
I suck at mounting them. Somehow always too high to see shit or low enough to get smacked around by a bear. Can't tell you how many I've been through maybe four or five in as many years.

[Anonymous No.53855627]

>>53855500
I have so many trail cams that I've lost track of where I put some. The one that caught the coyote was on the side of a tree stump that I made a little recess in with a chainsaw. For the higher ones, I use bailing wire since it can be adjusted by bending and twisting. It won't decay as readily as the shitty webbing belts that come with them.
The only cams that I'm really careful with are the ones that transmit since they are more expensive and I use them as part of my security setup.

[Anonymous No.53855681]

>>53855627
I'll give the bailing wire a shot. The chainsaw trick is clever too. I got a pair of the cell phone units a couple years ago but Verizon said they weren't 5g so they wouldn't work after they made some changes in the coming months so I never even opened them. It's unreal, my disdain for these companies is immeasurable

[Anonymous No.53855749]

>>53855681
>Verizon
Cocksuckers.

[Anonymous No.53855784]

>>53855749
What brand cams are you using? If I left one that low it would be thrashed by a doe for sure. They kick at the unit since it makes the clicking noise. Maybe if I got another brand that was silent I wouldn't have these issues

[Anonymous No.53855855]

>>53855784
>What brand
That's just a cheap ass Tasco.

[Anonymous No.53855880]

>>53855784
Come to think of it, it's a StealthCam.

[Anonymous No.53855892]

>>53855880
That's what I use. Pretty loud for a stealth imho. Oh well I better just get guud

[PAN MAN No.53855951]

https://www.mining.com/victoria-gold-issues-new-eagle-mine-plan-resource-estimate-update/

New plan for Victoria Golds Eagle mine. I wonder how this will turn out.

[PAN MAN No.53857168]

https://www.mining.com/lundin-mining-hits-2022-guidance-revenue-of-over-2-2-billion/

Lundin Mining had a pretty good week.