/CMMG/ Commodities, Mining, and Macro General

[Anonymous No.55997693]

Chinese Coal-Fired 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: >>55926401

[Anonymous No.55998611]

Dont be a retard trying to time shit or play cute for a few penny. Long-term patience, good DD and DCA.

[Anonymous No.55998795]

That smiley face guy is picking fights with everyone.

[Anonymous No.55998836]

>>55998795
The memeshitters and "should I panicsell?" posters are pretty annoying desu. He's beligerent but he's not wrong.

[Anonymous No.56000561]

nothing suspicious here goyim

[Anonymous No.56000822]

no $25 silver this week

[Anonymous No.56000842]

>>56000822
>>56000561
What's the theory here? They're just shorting it?
Eventually you get a legitimate short squeeze, it's not like stocks where you can fuck around with clearing it. Manufacturers need the physical material.

[Anonymous No.56000973]

>>56000842
Now imagine if it was revealed that some of the physical supply was actually just rubble

[Anonymous No.56001033]

>>56000973
Yes. My point is how would they get away with that *not* happening for decades?

[Anonymous No.56001440]

>>56000973
That would never happen anon

[Anonymous No.56001911]

>it's joever

[Anonymous No.56001934]

>>56000842
Bearish dollar trade from employment revision got reversed

[Anonymous No.56002533]

>Gary says!

[Anonymous No.56003129]

>>56001934
That doesn't explain it being the same price during a period that had practically 100% inflation.

[Anonymous No.56003596]

what was that nickel based energy storage shilled here yesterday?
didnt have time to look into it before thread was slid

[Anonymous No.56003643]

VUL bros I will never recover from this

[Anonymous No.56003992]

Aurubis btfo
tdlr fraudlent internal reporting on metals received from suppliers for recycling, mostly copper and nickel

https://finance.yahoo.com/news/copper-giant-aurubis-warns-losses-062505603.html

[Anonymous No.56004798]

>>56003643
If we don't wake up one day to news of TPR or Atlas getting bought we might have a 3+ year wait

[Anonymous No.56004885]

>>56004798
>3 more years

[PAN MAN No.56006524]

quick post for the evening!

[Anonymous No.56006985]

>>56004798
Well no one told you life was gonna be this way
Your job's a joke, you're broke, investments DOA
Silver's always stuck in second gear
And it change for days or weeks or months, or maybe even years

[Anonymous No.56007002]

>>56006524
Very interesting stuff

[Anonymous No.56007513]

https://www.youtube.com/watch?v=acMqxcdxE0E

[Anonymous No.56008627]

[Anonymous No.56008676]

>>56000561
Please make it drop desu. I can't sit on cash. It feels gay to hold fiat and not silver.

[Anonymous No.56008687]

Recovered my monies holding uranium and oil. Thankfully BOIL didn't make me kms.

[Anonymous No.56008739]

So why exactly did things change and now the dollar rallies and it presses down on gold and silver?

[Anonymous No.56008782]

>>56008739
Don't questions the jews, just acoomulate.

[Anonymous No.56008906]

>>56002533
Physical harm!

[Anonymous No.56009139]

Nice dead thread faggots, enjoy your digits on a screen lmao

[Anonymous No.56009243]

>>56009139
it's saturday

[Anonymous No.56009765]

>>56009139
>enjoy your digits on a screen lmao
wait I thought that was our line

[Anonymous No.56010514]

>>56008687
What are the stonks that you use to long oil?

[Anonymous No.56010660]

>>56010514
UCO.

[Anonymous No.56011128]

>>56009765
Do you actually have in your possession any of the commodities you invested in? Can you physically redeem them at any time? If the answer to both is no then theyre just digits on a screen

[Anonymous No.56011254]

>>56011128
The answer to both is yes so I guess that makes you a real faggot huh?

[Anonymous No.56011275]

>>56011128
>>56011254
I hold physical barrels of crude in my apartment.

[Anonymous No.56012538]

What's the correct ratio of gold:silver to hold and why? (In terms of weight obviously)

[Anonymous No.56012609]

>>56012538
Silver until it will become a pain in the butt to store more, then switch to gold. That's what I did at least.

[Anonymous No.56012651]

>>56011128
Yes I hold uranium at home I eat one kg of uranium everyday.

[Anonymous No.56014050]

is it happening?

[Anonymous No.56014090]

Is anyone following Aston Bay copper? There's supposed to be an announcement soon. Share price for BAY was up 35% on Friday.

[Anonymous No.56014099]

>>56014050
Magic breakdown number is 40$

We were at 40.80$ last week.

[Anonymous No.56014107]

>>56014050
Wrong. They eant to consolidate the sector into just handful of mega banks.
You'll see much more failures before it's done and dusted.

[Anonymous No.56014719]

As of July 2023.

[Anonymous No.56014782]

>>56014050
>>56014107
“Regarding the Great Depression, … we did it. We’re very sorry. … We won’t do it again.”
—Ben Bernanke, November 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday.”

[Anonymous No.56015003]

Is 50% portfolio in silver physical and the other 50% in uranium a bad idea?

[Anonymous No.56015206]

>>56015003
Depends on what your timeview is in my opinion, and risk tolerance. I diversify some by allocating a % into oil and gas. I did really well on those that andy recommended. Sucks that he hides his picks behind a paywall now. Is there even any uranium corporation except cameco that makes money now? They ones without cashflow seems like a leverage bet that the price of uranium will go up. Which i am sure it will, eventually. I think as long as you got your conviction you are good. I need to diversify to keep mine, to not become emotional when volatility comes.

[Anonymous No.56015403]

I'm all in on uranium I hope I make it bros. No idea what a good price target is or when to take profits

[Anonymous No.56015495]

>>56014050
>N

[PAN MAN No.56015854]

https://www.cnn.com/2023/09/01/business/aurubis-copper-theft/index.html

One of europe's largest metals producers had hundreds of millions in copper stolen. Organized crime is suspected.

[Anonymous No.56016292]

>>56015403
When there's an oversupply of housing inventory

[Anonymous No.56017017]

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

Small interesting talk.

[Anonymous No.56017053]

Fuck uranium and their overvalued mining compagny.

[Anonymous No.56017761]

Any TA whiz in here can give me more info on Gary saying the move up got aborted? I sold after he said to and it plummeted right after I did so I assume he will be proven right this week. I wouldn't mind taking small profits once every 2 weeks desu if that is the road he decides. I really hope we didn't get shaken out and will be left behind though.

[Anonymous No.56017805]

>>56017053
I think it was Anas alhajji or some other oil bull that talked about the 1970 oil crisis. Oil in the ground was worth more than dollars in the hand.

[Anonymous No.56018070]

>>56017761
Why ask us and not Gary?
He didn't upload anything on his yt nor did anyone update us here

[Anonymous No.56018379]

>>56006524
speaking of epithermal have you had a chance to look at lion one? their first pour should be in a few weeks

[Anonymous No.56018568]

Should have invested in Alpha Metallurgical Resources over the past month

[Anonymous No.56019526]

https://www.sbs.com.au/news/dateline/article/how-jaya-bought-the-australian-dream-for-30-000-in-japan/yalywsys5

[Anonymous No.56019600]

>>56017053
You think the recent price action and unusually volume was them buying on the open market before they released this news on the labour day long weekend?

[PAN MAN No.56019790]

>>56018379
its been ages but i can give them another look, good to hear their in or nearly in production!

[Anonymous No.56019947]

>>56019790
as long as you don't mind looking when you can would love to hear your opinion. they've been stockpiling ore for awhile, fiji day (oct 10) will be their first pour as a commemorative gesture based on what im hearing. a lot of production plays seem to have blown up recently (PGM comes to mind) but lion one seems compelling

[Anonymous No.56019950]

>>56019790
also, an unrelated question but im curious: do you invest in junior mining companies yourself?

[PAN MAN No.56019997]

>>56019950
i dont have money in any juniors right now, too many "good" projects in my opinion getting shit on by the market right now, but i have a bunch of little positions in bigger companies that i hold onto long term.
I ll check up on Lion One in the morning, but if their getting ready to process then thats fantastic but its a good idea to be weary about new starting operations.

[Anonymous No.56020641]

>>56019997
Pan negro, been here awhile since /pmg/ before the horse caused the /pmg/ /cmmg/ sino-Soviet split. Do feel like we are at such detached lows compared to the metals price?

Basically any of you old fags feel it in the air tonight?

[Anonymous No.56020645]

>>56019997
>>56020641
Forgot to rep my set

[Anonymous No.56020796]

>>56017761
>>56018070
DXY might have put in a stealth low and it's about to move back up.

[Anonymous No.56021783]

>>56020641
I tried posting a pic a few times yesterday but it being blocked; it was a plot of gdxj vs gold price, right now gold juniors are trading like gold is at $1400.
So either gold is going to dump over 30%, it's different this time, or gold juniors are gonna poompa us to Japan.
My biggest investment is Lion One but I'm the worst investor on the planet apparently so I'd stay away.

[Anonymous No.56021826]

>>56021783
Makes me wanna invest in miners. I have a good position in physical pms, but very less in miners. Last time I listened to cmmg fags, I took a position in BOIL and it made me wanna kms. I should maybe invest in miners.

[Anonymous No.56021882]

>>56021826
Trying to pick winners has been a disaster for most in this thread, including myself.

[Anonymous No.56022012]

>>56021826
GDXJ and GDX and royalty companies like Wheaton are ok
If you want to gamble you can try GDXU

[Anonymous No.56022047]

>>56022012
>>56021882
I have a small position in gdxj and silj. I should start DCAing into miners.

[Anonymous No.56022107]

>>56021826
Natural gas is a shittier commodity than silver. Friends don't let friends make leveraged gas trades.

[PAN MAN No.56022553]

>>56020641
i am not a market annalist but it feels like a investment in general just wants nothing to do with even the good projects at the moment. Too many failures or shortfalls from developers so the big guys are wary to put anything major down.
>>56021882
I agree, even the really solid projects or properties have a serious failure problem.

[Anonymous No.56022729]

>>56022107
I don't think it nat gas anon. I think its the jews manipulating it to no end.

[Anonymous No.56023010]

>>56019947
cmmg already looked at it, its one of our top pick. I shilled it pretty hard. Only sold at 1.4CAD because I dont like debt but its a very strong pick.

Its also pretty hard shilled in most top newsletter which will give you liquidity when needed (David morgan made a video recently about it, John Rubino too).

[Anonymous No.56023504]

>>56023010
why dont you like debt? debt itself isn't inherently bad and in certain cases with a promising project id say it's preferable to dilution, no?
do you still follow the company and have you considered jumping back in at some point?

[Anonymous No.56023680]

>>56023504
I dont touch debt, thats how I works, dont care how you use it (although its true you gain by not dilluting).

I'm watching from afar but I dont see how they can pay off their debt without their market cap going up a lot so its not something I'll buy. Same for Guanajuato Silver.

[Anonymous No.56023806]

>>56023680
fair enough (and i agree with you about GSVR, which has been on my radar forever) but removing lion one from the equation why dont you like any debt? do you believe all debt is bad for a mining company? asking because i value all feedback, want to hear your perspective

[Anonymous No.56023849]

Find value finance fag convinced me to dump monies into uranium. Now, why am I stoobid?

[Anonymous No.56023863]

>>56023806
nah, it has nothing to do with how to run a company, I think its a good deal for LIO and GSVR to use debt to leverage and accelerate their growth. I just dont like debt and usury, thats how our degenerate society ended up like babylon.

Just a (stupid?) personal stance. Lot of good opportunity, no need to lower my pants and taint my soul.

>>56023849
Yes, why ? Hes always bullish so he convinced you to buy when stocks already did +30%. Should have bought 4-5 months ago. You're emotional anon, careful (although I agree it will go up).

[Anonymous No.56023927]

>>56023863
>>56023849
For me, it's swinging UUUU between 6 and 7-9
(For long term 5-15 year holds, please get an etf and make sure you have exposure to coal, uranium, water, sand, copper, silver, and nickel as well as fertilizer)

[Anonymous No.56023970]

>>56023863
I did buy 3 to 4 months ago, I had some expenses in between and couldn't invest after that. So, why uranium again, IDK, but I'm going into uranium.

[Anonymous No.56023972]

>>56023863
just pushing back slightly as i somewhat sympathize with your views but you acknowledge debt is the correct choice for these companies but dislike the idea of debt in general, do you not see a purpose for debt in society? (particularly in capital intensive businesses like mining)
usury itself isn't necessarily bad in my opinion, lending money plays a role and at the same time why would anyone lend money without the prospect of a return on their capital?
preying on people may be bad and i get that but lending has played a huge role in enabling our modern system to be built, even islamic societies which still ban it allow it through technicalities
>inb4 jew
no, but i do see a value in debt. and i value your perspective which is why im asking but curious to hear the other opinion on this side of the argument

[Anonymous No.56023977]

>>56023927
How do I invest into water, sand and nickel?

[Anonymous No.56024093]

>>56023972
>just pushing back slightly
yeah dont worry anon, I know, thats why I answer. Always good to share different POV.

>do you not see a purpose for debt in society?
I do but human are human. 5000 years of history prove it, debt always end up in disaster when left unchecked. I dont have a solution, have to stay humble. But as long as debt is in its current state, I wont touch it. I might not change the world, but at least I can sleep knowing I didnt feed the beast.

>usury itself isn't necessarily bad
yes it is. Absolutely no doubt about this.

>>56023970
So you bought at a good time, just make sure you didnt buy shitty company. 3y should be a minimum unless you went into an ETF.

>>56023927
>coal, uranium, water, sand, copper, silver, and nickel
Want to add a bit to silver but I have enough as it is. Will buy copper once silver break the upside resistance. Wont touch the rest, dont have enough capital.

[Anonymous No.56024120]

>>56024093
so when a bank lends you money in the hopes that you'll pay more money back than you borrowed, that's evil

but when you loan a company money in the hopes that they'll pay back more than you lent them, that's fine?

How is buying shares of a company not usury? It's even worse than the company taking on debt, you're personally funding it. It's your money they're borrowing and it's you hoping to make money from them borrowing.

[Anonymous No.56024168]

>>56024120
>yes
>no
>its not usury

[Anonymous No.56024268]

>>56024168
>>56024120
Usury was historically considered immoral because you were charging for both lending the thing (money) and the use of the thing (spending the money). Many religions (especially Abrahamic ones) suggested that profiting from a loan was also immoral because it was taking advantage of the poor, and you should never benefit from true charity. That is, if you loan someone money, you should not expect to profit from it.

I can see both sides of it, though. If you're trying to make ends meet, especially due to injury or illness, fine. If you're a business that needs leverage (but not to perform day to day duties), that's different. I do not consider investing to be usurious, because you are lending resources and receiving more resources for the risk involved (including time). I believe Sharia law forbids interest-bearing investments, and my brokerage did have a clause in the T&C about Jewish people receiving interest payments in the form of silver at a synagogue. I believe Islamic investment and loan companies will not loan money per se, but take partial ownership of the business so as to have mutual benefit in the investment (rather than just lending money and receiving interest)

>>56024093
Just get some shares of GUNR or something

[Anonymous No.56024469]

>>56024093
appreciate you answering you articulate your points well and this has been a good dialogue. debt plays an important role but ends in disaster, you say you dont have a solution. is it a matter of fiat currency? genuinely asking, don't know the answer but im inclined to agree to some extent. but the bond market is worth several trillion dollars and is massively larger than the stock market, without it the us economy would be a fraction of its current size
usury -- charging an unfair interest rate may be immoral but charging some degree of interest is fine, no? would you lend/risk your money for no reward?
in islamic banking, if you want to buy a house they just add the extra amount you'd pay in the loan onto the value of the home, they get it either way
either way, appreciate that you have conviction in something and live appropriately according to those principles
ive been around /cmmg/ since the beginning, i remember when people would autistically spam ron paul quotes against hitler sparking debates
id be careful of ideology guiding your investments too much, i remember people attacking SGD because they had pictures on twitter of female geologists yet ive made multiple six figures on that stock alone

[Anonymous No.56024572]

>>56024469
>appreciate you answering you articulate your points well and this has been a good dialogue
same here, always good to not be in a echo chamber.

>is it a matter of fiat currency?
I honestly think, just like socialism, debt will always exist and attract people because it "wasnt well managed", which might be true but only on paper. Dont know the origin that will spark the turning point but shit always crumble.

>without it the us economy would be a fraction of its current size
Why would that be a bad thing ?

>in islamic banking, if you want to buy a house they just add the extra amount you'd pay in the loan onto the value of the home, they get it either way
Dont have an opinion on this, looks like some cope to just fuck you anyway.

>id be careful of ideology guiding your investments too much
Debt is the only thing I won't budge on. As long as the investment is sane and good for society then i'm going for it which is why I love commodity so much. Lets just say that my stance is the gain doesn't justify the mean and I believe there is always a windows to invest even with these moral standards.

>i remember people attacking SGD because they had pictures on twitter of female geologists
While I get your point, company that focus on female acceptation too much is a big red flag imo. Having a woman in the company by itself isnt a bad thing of course. Still thanks for the warning.

Congratz on SGD!

>>56024268
You get it.

[Anonymous No.56024840]

>>56024572
fair enough, i think the only point i have a tiny issue with is
>Why would that be a bad thing?
a large economy would typically benefit all which i'd advocate for but at the same time i dont think growth in the us economy benefits anyone but the rich (asset owning class) -- which the fed plays a big role in -- so in reality i agree on that point too. the idea of the k shaped recovery seems absolutely correct looking at the economy.
curious, what does your portfolio look like? what miners do you hold? want to look more into them.
for me im in snowline still (think this will be a low risk double and will get bought out) plus lion one (can elaborate on the case for them if you want) have a seven figure portfolio at this point tied up in those two stocks, while /cmmg/ introduced me to the world of junior mining ive ignored almost every pick shilled and just bought a few which have done well

[beeposter !!vQfWLbKyiCM No.56025043]

>>55997693
>15 mentions of uranium every time this thread gets made
>hardly been anyone with me on this for damn near three years
i would ask "what changed" but i don't even care. welcome to the party retards, hope you can hold for 5 years

[Anonymous No.56025114]

>>56025043
I was accumulating UUUU (for some reason retail favors it) over CCJ or URNM. But because I had a lot of shares and saw it was trending sideways, I figured I'd just write CCs and CSPs against it. Then it turned out the fees per transaction were more or less the same as trading shares, so I was just doing that, which gives me the ability to buy or sell the lows and highs. Actually that's one of the few things I've traded consistently and successfully, I should do so again.

>>56024840
The way I approach it is that if you're long one asset, you're short another. Right? If I buy TSLA, for example, then I spent USD. Therefore, I expect TSLA to outperform USD, I do not want to hold cash. Your portfolio is going be net some mixture of assets that are implicitly short other assets.
If you're 100% into equities, you are going to get heemed by systemic risk when there is a correction, which is partly why conventional wisdom is to diversify into a bond/equity mix for your portfolio. In this example the exposure to equities would hedge your USD risk and vice versa. But they're still implicitly linked to each other; suppose the USD falls apart, suddenly foreign currencies have tremendous buying power against the USD and things denominated in it (such as your equities and materials). So to hedge against that, you now have a basket of equities, precious metals, foreign currencies, etc.
The trick is that you want to have enough exposure to the things that will outperform, but not overdiversifying yourself. I think everyone ITT is expecting materials and PMs to have outsized gains over the next 5-10 years, so rather they have targeted exposure to those sectors.

[Anonymous No.56025285]

Seriously, invest in coal. The US is building up its seaborne coal fleet to send coal to India and China, as well as to Europe. Coal will be king again, though the US is too wussy to use it because our elites want to erode out standard of living.

[Anonymous No.56025370]

>>56025285
Steel or brown?

[Anonymous No.56025482]

Smells like a Scottie assays release soon

[Anonymous No.56025652]

>>56025370
Both
And a lot of non-steelmaking coal in the US isn't brown (lignite), but black bituminous

[Anonymous No.56025665]

>>56025370
Alpha Metallurgical Resources did huge numbers last month in stock price. Other coal companies are doing great too.

[Anonymous No.56025709]

>>56024840
I missed the sgd boat unfortunately. LIO should be a slam dunk as long as they don't pull a novo/pure gold. I'm betting they have a few million ounces, if they prove they can pull it out of the ground and process it with their small mill it'll be a 3-5x. Will be a longish road from here though and their regional exploration needs to hit. High risk.

[Anonymous No.56025894]

New Gary
https://www.youtube.com/watch?v=ayXc_HGnbpU

[PAN MAN No.56025925]

>>56025482
fantastic, i cant wait to see what Blackwolf Copper / Gold finds down the road at Harry as well. That whole regions just loaded with gold mineralization.

[Anonymous No.56026155]

What are your thoughts on First Majestic silver mining co?

[PAN MAN No.56026297]

>>56026155
shit management driving some ok properties down the tube, they were hyped up for a while as a pretty good baseline silver miner but its become obvious that their managements terrible at actually getting projects developed.

[Anonymous No.56026826]

>>56025894
So are we fucked?

[Anonymous No.56027229]

I'm bullish on iridium and platinum group elements. Any suggestions for stock mining pics? Preferrably Canadian companies

[Anonymous No.56027242]

>>56025043
ive been about 20-60% invested in u since ~feb 2021, currently at about 40%. i hope the schizos here didn't get too burnt overallocating into PEN, I recall it was always disproportionately popular here for being a sketchily managed shitco in a tiny volatile sector sitting on a historically quite problematic deposit w/ at best mediocre lab results on their new process

[Anonymous No.56027247]

How much are you guys gonna allocate into XLE?

[Anonymous No.56027250]

>>56026297
oh yeah pan man you've probably seen it because it's everywhere but have a look at WA1, huge niobium deposit in Australia looking quite likely to actually emerge as a big western alternative to CBMM somewhere down the road. Gonna be interesting to see if CBMM's decades of Nb tech investment finally launches batteries or something similar just in time for a big competitor mine to be stacked out, could be good for them too though as I assume many would be hesitant to invest in some glamorous expensive battery tech if 90% of their supply chain has to come from a China controlled South American mine forever

[Anonymous No.56027354]

>>56027250
as an Australian I am so sceptical of Aussie mining companies. That's why here I'm asking for Canadian ones
>>56027229
Every small or micro cap Aussie company I have followed has vanished, sometimes catastrophically. They get hostile takeover bids, caught doing back deals with corrupt politicians, gross mismanagement. Sadly this is true even when they have have amazing top-tier deposits. In Oz I am sticking with BHP and I will put my ventures into Canadian companies.

[Anonymous No.56028542]

DXY pumping, silver getting hammered

[Anonymous No.56028584]

>>56028542
I love it desu, keep buying. Just got my wagie cuck bux. I'm putting some into shinies.

[Anonymous No.56028598]

>>56022107
You are right, I'm never getting into leveraged trades from now onward.

[Anonymous No.56028650]

So salt is going to be a 3 more years thing after all?

[Anonymous No.56028680]

>>56028650
Many seem to think once they start building they'll get bought out. They stated they will announce a team soon.

[Anonymous No.56028692]

>>56028650
To get the 17x buyout that SALT shills were saying was imminent a year ago it needs to do something stupid like a 60x from where it is now.

I don't know what the future holds for salt, other than that I wash a lot it down the drain every morning after swimming in the sea, but always be wary of pumpers and shills, especially when they all come out of the woodwork every time there is a green candle.

[Anonymous No.56028907]

>>56028650
>>56028692
A salt mine was bought for 12x EBITDA a couple years ago, can't remember the details.
If SALT can get into 4 Million tpa production, a similar buyout would be $3.5 Billion.
To get there would take a lot of debt, dilution, government bullshit, and time.
More realistic I could see this being $5 a share in a few years, nothing to sneeze at.

[Anonymous No.56028924]

Remember. Lithium is a shitty investment:

https://www.bloomberg.com/news/articles/2023-09-03/lithium-giant-albemarle-increases-liontown-bid-to-4-3-billion?srnd=premium&sref=KIzzvyPS

https://stockhead.com.au/resources/ground-breakers-albemarle-says-lithium-demand-will-surge-five-times-by-2030-as-it-punts-on-hydroxide-plant/

https://www.afr.com/companies/mining/china-buys-half-of-the-lithium-mines-on-the-market-20230825-p5dzhc

https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html

[Anonymous No.56029034]

Some Encore news:
https://www.prnewswire.com/news-releases/encore-energy-provides-update-on-the-south-texas-alta-mesa-isr-uranium-central-processing-plant-and-wellfield-301917460.html

>>56025285
What's /cmmg/ opinion on Yancoal?
They pay huge dividends (20% last year) but I really don't know how much money I should allocate and the stock is going up

[Anonymous No.56029096]

>>56029034
Hey mate I have 27k shares in Yancoal and I am laughing. I’m gonna collect between15-35k a year in tax free dividends for the foreseeable future because they are literally a cash cow. They are raking it in.

[Anonymous No.56029166]

>>56029096
Based and congrats. Do that again and you're retired.

[Anonymous No.56029295]

I'd like to share the story of a retard who never has any significant dry powder when it matters.
>picrel

[Anonymous No.56029365]

>>56029295
part 2 of the retard's story:

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/147368-mawson-s-subsidiary-sxg-drills-404-m-5-1-g-t-gold-uncut-traversing-13-high-grade-veins-7-intersections-100-g-t-gold-up-to-2-670-g-t-gold-assays-pending-on-100-m-step-out-hole-intersecting-multiple-zones-of-visible-gold.html

[Anonymous No.56029398]

>>56029295
>>56029365
3rd chapter of the retard's story

[Anonymous No.56029405]

>>56029096
Hello Anon, this is what I want to do when there is a crash, gonna buy up some mining companies in my cunt and gonna get into that fat dividend life, I'm gonna catch up to you soon anon.

[Anonymous No.56029455]

>>56029295
>buy for 20$ worth of stock
Yep, a retard. Min 500$ for a position, 1000$ is a decent starter position.

[Anonymous No.56029518]

>>56029455
the retard was going to add a lot, but as usual had no dry powder before the monster discovery

[Anonymous No.56029551]

>>56029518
Sad. If I have to be honest, you missed nothing, its up 20% at 85MC. You're crying for a few penny which isnt a good idea if you're right about what lie beyond is a multi hundred million dollards company.

On another note, my FDR is soon a triple. It doesnt stop. Glad to have a big winner in 2023 before Gold break 2k.

[Anonymous No.56029749]

Range breakout in oil?

[Anonymous No.56030231]

>>56029551
>FDR
good old GV and his pumps in crazy jurisdictions

[Anonymous No.56030263]

>>56029096
Damn I'm jealous
I have no position in coal at all but I don't want to fall for the fomo trap
Qrd on coal?
I guess I'll just chip in a few hundred dollars each month and wait for a pull back before I go balls deep
It's worth it for the dividends alone

[Anonymous No.56030312]

>>56029096
Btw how are you collecting these dividends tax free, are you Aus?

[Anonymous No.56030724]

>>56030263
not him but been in WHC to varying degrees for a couple of years. the qrd is that new coal projects are hard or impossible to permit in the west so there's no growth which means (1) restricted supply / limited new competition especially for high quality product like what you get from australia, and (2) also very hard for your own company to grow and on top of that the narrative is that coal is dying (& lots of people hate it conceptually) so it's very hard for people to get excited over the thesis unless the price is beyond a screaming buy. which means the companies make a fuckton of money but the share price stays relatively low. obviously not a hard and fast rule but that's the trend. downsides to watch out for are that it's very cyclical so if economies slow down / weather is mild / few storm events etc interrupting any mines worldwide and the price of coal takes a shit the price of the companies also takes a shit (alternative framing of "these things are often crazy cheap!" = "these things nosedive at the drop of a hat"). and random super profits taxes or royalty hikes can also spoil your day. in theory neither of those really matter if you're confident of receiving divvies and that's what you're there for.
>>56030312
we get franking credits which basically helps by the amount youd be double taxed by but i dont think he means that, i think you can actually get asx dividends tax free from asian countries or something. maybe.

[Anonymous No.56030760]

Anyone have any predictions on where URNM will go price wise in the near future?

[Anonymous No.56030860]

The fucking banksters have hammered silver nearly $1.50 in the last 5 days. I didn't see this latest smash coming but nothing really surprises me at this point.

[Anonymous No.56030878]

>>56030860
I'm just gunna acoommulate.

[Anonymous No.56031661]

>>56030724
Thanks for the info

[Anonymous No.56032392]

>Gary-sama was right again

[Anonymous No.56033221]

>>56030724
He has summed it up well but what I should also mention is that a lot of these coal companies in Aus have zero debt or very close to it. They made that much money over the last two years that they pretty much didn’t know what to do with it. Hence some went buybacks/dividends or just cashed out into divvies. Yancoal had around 4b in debt just over 2years ago now they have no “interest bearing loans”, I still think they owe 200m but overall I’m confident they are going to be returning the majority of that cash to shareholders because they literally have nothing else to do with it. They aren’t buying new mines and the ones they have are putting out guidance of 35-39mt a year.

As for super taxes, qld has received massive backlash from big miners due to revamping their royalty scheme and is expected to miss out hundreds of millions of investment over the coming years. I can’t see nsw doing the same. But yes the biggest threat to most aus miners is the Australian Government.

Franking credits is where the tax free portion comes from, in aus we have franking credits and it’s basically

Company tax paid = your tax paid

[Anonymous No.56033854]

>>55997693
Are we actually running out of oil, nat gas and coal? Or are is it just doom sayers?

[Anonymous No.56033899]

I just invested 2k in gold because of election year uncertainty from the two candidates and China's house market bubble. How retarded am I /CMMG/?

[Anonymous No.56034014]

>>56033854
They're just doom sayers. Watch out for "the sky is falling" cults who always try to spread fear. They're wrong the overwhelming majority of the time.

[PAN MAN No.56034101]

>>56027250
Oh no havent heard anything about that yet but thanks for the heads up!

[Anonymous No.56034701]

Diamond Prices Are in Free Fall in One Key Corner of the Market

https://www.bloomberg.com/news/articles/2023-09-03/lab-grown-gems-are-crashing-prices-for-one-key-type-of-diamond

>The shift doesn’t mean engagement rings are about to go on deep discount — the impact is limited to the rough-diamond market, an opaque world of miners, merchants and tradespeople that is several steps removed from the price tags in a jewelry store.

[Anonymous No.56035753]

I-80 gold coming in the top.

[Anonymous No.56035759]

>>56023977
Gunr is the catch all.

Water is PHO. sand is sand. Nickel I don't know.

[Anonymous No.56035770]

I'm out of trillion as of today. Needed stuff for the mushroom farm and the stock is being faggoty.

[Anonymous No.56036667]

Has Trading View updated to fuck over free users? I can't add anything to my watchlist as it says I can only watch 30 at a time without paying, despite having like 100 on there already.

[Anonymous No.56036683]

>>56025043
I've been buying since 2021, been at -50% and just kept buying. sentiment was so low that there was no point posting here. ironically uranium is the only thing keeping me in the green now, my gold and silver juniors are in the shitter (i did fall for the ctrm meme as well, but hey, it is what it is)

[Anonymous No.56037134]

>>56025482
good start to 2023

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2659-tsx-venture/scot/147504-scottie-resources-drills-56-4-g-t-gold-over-3-7-metres-at-blueberry.html

[Anonymous No.56037700]

>>56037134
Epic my buy order is not going to fill again

[Anonymous No.56038035]

>>56037700
>up 4.44%
truly not worth chasing after such a pump

[Anonymous No.56038055]

>>56020645
>horse

[Anonymous No.56038076]

Been a while since I looked at /cmmg/, probably like 4-6 months? How's everybody been doing? I've sold my West African holdings aside from B2Gold for now until the geopolitical climate clears over there, and been sitting happily on uranium and oil/gas majors. Kazatomprom, Cameco, CNRL, Tourmaline, Exxon, Freehold Royalties. Also holding onto Artemis Gold as my sole junior gold exposure. Been looking to get into ARC Resources but the market hasn't been keen on giving me any good entry points.

I've also been contemplating buying Nutrien, or some iron ore or copper giant like Vale, Rio Tinto or BHP, or the like. I still want to see potash bottom before starting to accumulate NTR, unsure about iron ore and copper. Refinery stocks interest me but I should acquaint myself with the sector better first. Also thinking about buying gold majors again, maybe Agnico Eagle.

Anyways just came to dip my toes into the discussion here and share my experiences with getting away from juniors and into majors. So far so good, dividends are nice and I'm im the green right now.

[Anonymous No.56038100]

>>56038076
>since I looked at /cmmg/
Bayhorse is a sure winner, all the expert mining engineers here have carefully reviewed the technical reports and history of mine and determined Bayhorse is profitable at $10 silver and Graeme is the one guy who knows how to run a mine. Like Graeme says "mines are not found they are built, built with endless stock dilutions."

[Anonymous No.56038114]

>>56038100
nice to see everything here is still the same as always

[Anonymous No.56038133]

>>56038076
Lion one is about to have first pour in about a month, market doesn't care but still good to see.
SALT doomped and doomped and doomped
My portfolio is in ruins but that's ok, I can cope

[Anonymous No.56038163]

Sarama bros......

[Anonymous No.56038335]

>>56038163
If they spent 12 years poking holes in the ground and found 2.5Moz, why are they still just poking more holes. Lifestyle company?

[Anonymous No.56038469]

>>56038055
>checked

[Anonymous No.56039258]

>>56037700
Scottie now down 2%, did your order fill?

[Anonymous No.56039418]

>>56028542
Poles lowering rates more than expected, bringing Euro down with it

[Anonymous No.56039439]

>>56039258
I guess it was
>priced in

[Anonymous No.56039514]

Nicola Mining is turning Japanese and going up on a tough day

full story: https://ceo.ca/@newsfile/nicola-mining-inc-signs-letter-of-intent-with-nittetsu

https://www.youtube.com/watch?v=nGy9uomagO4

[Anonymous No.56040100]

>>56039258
It has

[Anonymous No.56040356]

hummm

[Anonymous No.56040597]

>>56025285
I'm wondering what's the best way to play coal. US or AUS miners? I don't like regulatory risk