Ode to the Great Pittsburgh Coal Seam, which Built America during the Industrial Revolution
Commodities include
>Precious metals Platinum, Gold, Silver
>Energy Oil, Natural Gas, Uranium, Coal
>Base Metals Iron Ore, Nickel, Lead, Zinc, Copper, Aluminum, Molybdenum, and Cobalt
>Others Water, Agricultural, Lithium, Salt
>Mining for Noobs (MUST READ) https://pastebin.com/5uWth6eG >Ore Deposits 101 Series (MUST WATCH) https://youtu.be/e1voF9XxBPQ?si=1O4QKVGRizNhFuPc [Embed] [Open]
>How to Value Mining Stocks https://youtu.be/qk6Z3WINuSQ?si=RGcOWBIFCvl0WBXG [Embed] [Open]
ETFs
>General Commodities GUNR
>Metals and mining: GDX, GDXJ, SIL, SILJ, COPX, REMX, PICK
>Oil and gas: XOP, OIH, PSCE
>Uranium: URA, URNM, URNJ
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
>Mining Specific Kitco Mining, Crescat Capital, Mining Stocks Education, Crux Investor, Metals Investor Forum, Resource Talks, Vancouver Resource Investment Conference, Rule Investment Media, Hedgeless Horseman
>Market Commentary Peter Schiff, Liberty and Finance, Finding Value Finance, Commodity Culture, Palisade Gold Radio, Sprott Money, Rob Kientz, Mike Maloney, Macro Voices, Decouple Podcast, Saxo Market Call
>Twitter Pages for Mining News JrMiningNetwork, JuniorMiningHub, KitcoMining, MinerDeck, MiningVisuals, Mining
>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), Profit & Loss (Mises)
Anonymous
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I baked a few posts early because I have the time to do so right now and don't know if I'll have time later, and I didn't want the thread just to die without a new one available. Plus, we needed a good coal-themed thread, so here it is.
Anonymous
Anonymous
Anonymous
Wheat, Corn and Basedbeans have corrected very strongly and a probably bottoming out soon. Looks like they priced in a recession. When you look at it a ton of commodities are really far away from their highs, PMs are the only exclusion. I mean it would be crazy if commodities keep going down, they're already down 50-90% depending on the commodity. Crazy times.
Anonymous
>>21114471 $10 is low. I mean once Graeme gets an actual mining permit, he is going to mine that mountain of world class silver ore discovered by the last drill program. And Graeme refuses to sell the COMEX, so the price of silver will go very high. I just hope the Payette facility can handle the volume of ore coming out of the mine, its really incredible.
Anonymous
Quite possibly the best bituminous coal in the world, and maybe even the best coal -- even better than anthracite -- is the coal from the Pocahontas coal seams in southern West Virginia and western Virginia. Much of it is 15,000 Btu per pound or 35 megajoules per kilogram, which is as good as any anthracite, yet the Pocahontas seam bituminous coal is better for making steel. A little dab will do ya, since Pocahontas coals are mixed with lesser metallurgical coals to produce the mixtures for top-quality coke.
There may be equally good coals in the world, but probably nothing superior to this stuff.
https://www.osti.gov/biblio/5300334 Anonymous
>>21129670 This is the Pocahontas Coalfield, which is much smaller than the Pocahontas coalbeds that run through much of southern West Virginia and western Virginia. A coalfield is a sociocultural designation of a distinctive area where coal is or was heavily mined whereas a coalbed is a geological designation of where coal actually lies in situ.
So the geographical extent of the Pocahontas coalbeds is much greater than the little area shown here, which is just the cultural area of coal mining communities named after the Pocahontas coalbeds which are also found in this location.
Nothing beats the Pocahontas coals, literally. As far as coal quality, it's the finest in the world.
They call it "smokeless coal" because it is so high in carbon content and low in volatile matter (that evaporates away during coking) that these coals produce no smoke when burnt, which is why the U.S. Navy used Pocahontas coals during both world wars -- so their ships wouldn't be detectable due to spewing huge amounts of smoke on the open oceans.
I am going to mine the Pocahontas coals. Wish me luck, bros. I am a coal nerd and being amidst such fine coal, like fine gemstones or precious metals, will mean a lot to me, the way Scrooge MacDuck swimming in his gold coins and bullion made him ecstatic.
https://en.wikipedia.org/wiki/Pocahontas_Coalfield Anonymous
Anonymous
>>21131022 >Most people really don't understand what is going on in the gold market. Oh, this is going to be a banger.
Anonymous
>>21128511 I might have to put some limit orders at 0.03$
Anonymous
>>21131529 >people still don't know what is coming NGMI
Celerino Pretoriano Hernández
Celerino Pretoriano Hernández ID:sQ1YOVB1 Sun 01 Sep 2024 17:05:15 No. 21132561 Report Quoted By:
>>21126673 Do not ask questions
Obey your local rabbi
Listen to mass media
Trust big pharma
Donate to black youth
Give up your home to immigrants and live in a pod instead
Anonymous
>>21131078 >Most people really don't understand what is going on in the gold market. wut is going on in the gold marke? here a pic for your efforts
Anonymous
>>21132688 Idk what's going on I'm just quoting Gary he knows what's going on, just watch the video.
Anonymous
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>>21132558 Graeme probably sold those shares to himself from his direct account to Highcard's account. He'll file the SEDI reports for the sales much later, just like he's done before.
Anonymous
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>>21132731 >just watch the video. gold bugs been saying the same thing for 40 years at least. I read commonts from Another, then Friend of Another, then friend of friend of another on the old gold forums many years ago. Always the same story. Same with Schiff.
Anonymous
>>21129670 >>21129849 Like, seriously?
No one replies about the awesomeness of the Pocahontas coalbeds?
SAD :(
https://www.wvencyclopedia.org/articles/1880 Anonymous
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>>21132558 I hold bhs. I sold some after getting a 3x during the pump but I still have 80k ish shares. I just haven't been accumulating recently.
Anonymous
>>21133934 It's break time.
Anonymous
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world nuclear symposium is this week (4th-6th). the uranium price really started moving after it last year.
Anonymous
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>>21134061 Lovely picture!
A good rest break during a hard shift down in a mine is to be treasured.
Anonymous
Anonymous
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I have found the answer to the Riddle of Steel!
Anonymous
Anonymous
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Coal lumps, coal bumps
Anonymous
fuck, we might be heading back to $27 silver
Anonymous
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>>21136231 It's a comex delivery week and everyone was already long so probably extra downward pressure on the price temporarily.
Anonymous
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>>21128321 Oil still has room to go down. Refined products and cracks look weak. OPEC increasing output.
Anonymous
Give me your opinions on freegold venture. I must be spoonfed.
Anonymous
Anonymous
>>21137356 I like their name.
Anonymous
>>21137356 Did you see Sprott shilling it?
Took a very quick glance. There are about 40m warrants at around 0.5. That is almost 10% of float. But I don’t think that matters that much if this is really the kind of deposit Sprott says.
I bet the less retarded finnbro has an opinion on this.
Anonymous
Anonymous
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>>21135381 >>21136231 Why can't this shit drop to $2000 and $20, then at least I can buy cheap as opposed to buying then it drops 5%, goes up 4%, drops 5%, etc
Anonymous
>>21137356 >>21137403 When I looked at Freegold 2 yrs ago it was basically a low grade Snowline with a clueless female CEO, has anything changed?
Anonymous
>Car giant Volkswagen is considering unprecedented factory closures in Germany -- if it goes ahead, it would be the first time it shuts down a major factory in its home nation in its 87-year history
Anonymous
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>>21137856 Germany is dying. We're so close to winning the Great War now.
Anonymous
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>>21137856 Germany needs cheaper energy to remain competitive as a global manufacturing powerhouse. Coal would do them some good. Yes, Germany has coal, but not enough and it's low quality lignite. Importing American bituminous could revitalize their manufacturing sector.
Anonymous
Anonymous
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>>21137631 >has anything changed? Yes, the turkey neck got bigger and the tits got saggier.
Anonymous
Retarded horse baggies think Graeme just bought over 44M shares, but he really just fucked up his SEDI filing by adding an extra zero, repeated the mistake twice, then finally reported the correct share size of 1,425,000. Check the "new balance" column on his last transaction for verification. I'll bet Graeme did this on purpose and that he sold himself the shares from his direct account to Highcard's account.
Anonymous
>>21141625 It's over isn't it...
Anonymous
>>21141625 This is a tactical move by Graeme to confuse the shorts that are attacking the company and illegally suppressing the price.
It's all 4D chess, trust the mining permit.
Anonymous
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>>21141672 Yeah, that reported short total worth less than CAD$1,500 is really troublesome. Of course it was a big hedge fund looking to get a cheap piece of the Horse.
Graeme will smash the hedgies just like he'll smash the COMEX.
Anonymous
Being in cash in September is starting to sound like a good option.
Anonymous
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>>21141985 pretty brutal day my best performing stock is down 1.89%.
Anonymous
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Cmmg feels comfiest when anons are shilling and fudding bhs.
Anonymous
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>>21141985 Yep. I kinda called it last week. Markets seem very weak this week.
Anonymous
Anonymous
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>>21142962 welp. Hold onto your hats. Time to dive.
Anonymous
Everything is blood red. I'm just now leaving the hospital now. Qrd on wtf is going on?
Anonymous
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>>21143424 >QRD Nvidia 's earnings not as robust as the momo boys wanted on Friday, plus shitty ISM numbers today ... Everything getting hit.
Anonymous
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>>21143424 Markets weak and have been too enthusiastic. Too much complacency. Needs to cool off this week at least.
Anonymous
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>As I explained here on Substack last month, the subsidies for “green” hydrogen are 1,900 times larger than what’s given to nuclear. In that piece, I quoted the late Charlie Munger, who famously said, “Show me the incentives, and I’ll show you the outcome.” I wrote, “Under rules published earlier this year by the Treasury Department and Internal Revenue Service, hydrogen producers can collect $3 per kilogram of hydrogen under the production tax credit if they use electricity from low- or no-carbon sources.” As I noted, the energy content of hydrogen is about 120 megajoules (MJ) per kilogram. When converted into Btu, that works out to a subsidy of roughly $25 per million Btu. As seen above, that means that the subsidy for green hydrogen is 11 times the current market price for natural gas.
Anonymous
>>21143424 >wtf is going on? RGI
Anonymous
>>21144400 >but I'm not convinced it's ready to begin that correction just yet >immediately begins correcting Another win for RGI
Anonymous
Anonymous
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>>21146259 that was a big red candle yesterday
Anonymous
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>>21148566 might continue today, everywhere
Anonymous
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uranium is still going up.
Anonymous
Which gold and silver miners are y'all slurping up?
Anonymous
Anonymous
How much longer do we need to suffer?
Anonymous
>>21150098 Just wait until earnings prove the businesses out. If you've picked the one or two gold companies that aren't total scams then the valuations will rise eventually. Gold companies have dogshit reputations among most investors for good reason.
Anonymous
Anonymous
bump
Anonymous
>>21152228 Need to distract myself with real life to keep myself from buying in yet.
Anonymous
Anglo have begun selling their coal assets, starting with a bit of land from a JV in Australia to Stanmore. Awaiting bids for the good stuff.
Anonymous
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>>21152494 We think alike spurdobro. Next week maybe
Anonymous
>>21127044 Source on the qt? Can't read moon.
Anonymous
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Did gold bottom today or what? What does Gary say? What are be buying bros?
Anonymous
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>>21152734 Moonspeak says something along the lines of "the stiff shoulders of the stay-at-home drunkard girl"
Anonymous
NE acquired DO. Bit of M&A in the offshore drilling sector. Literally only a few companies left in the sector.
Anonymous
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>>21152877 now watch Schlumberger take that one over
PAN MAN
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https://www.ft.com/content/b8427273-7ee7-48de-af1e-3a972e5a0fcf is anyone else watching the huge deal that is US Steel being bought out by Nippon steel? Looks like the Biden admin is about to block it, which will likely slaughter US Steel and kill thousands of jobs.
Anonymous
Anonymous
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>>21152547 I wonder if Mark Nelson is attending
Anonymous
Lion One bros? When is Walter Financing again? I hope at CAD$0.20 he raises another 20 million.
Anonymous
Anonymous
>Arcadium Lithium Suspends Stage 4A Waste Stripping at Mt Cattlin and Plans to Transition Site to Care & Maintenance by Mid-2025
Anonymous
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>>21156142 many more to come lol
Anonymous
>>21156013 Jesus Christ, I had no idea they broke below .40c, that was a solid floor for a long time. Welp there’s another deep red for the portfolio
Anonymous
Are we buying or waiting?
Anonymous
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>>21156212 >Are we buying Always
Anonymous
wtf happened with iron ore? thought it was weird it went back above $100, now it's down 7.5%
Anonymous
>>21156211 The grade is too high for them to mess this one up, plus CEO&COO are dinosaurs, they've been in the sector for quite some time.
Anonymous
>>21156367 The only issue is the high interest debt they took on, but then again how are you supposed to build the mine?
Anonymous
mOaR consolidation in the mining sector ... First Majestic to acquire Gatos.
Anonymous
>>21156492 how much shit were gatos in to accept an all stock deal from a company that couldn't turn a profit at $30 silver?
Anonymous
>>21156507 I don't care about either company, but the ramp in m&a this year has been quite noticeable. I'm glad it's happening.
Anonymous
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>>21156492 Actually smart acquisition from First Majestic. Shit company turned less shit today.
Anonymous
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>>21156142 Finally some good news from the lithium sector. Shutdowns have been a long time coming.
Anonymous
>>21156386 royalty&streaming + gold prepayment facility instead of +15% interest rate debt
Anonymous
>>21156646 I feel like they rushed everything so much, ended up needing more money than they initially thought. Once they start mining the 500 zone they should be making profit thought otherwise it's over.
Anonymous
>>21156646 Could they refinance?
Anonymous
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>>21156700 A better management team with more experience would have seen that coming and raised more money with better terms. See Artemis or Allied Gold for how it's supposed to be done.
>>21156854 I suppose they could but they're not really in a good position to negotiate right now
Anonymous
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>>21156854 They could probably refinance, or negotiate the terms and defer interest/principal payments, or as the anon said maybe they decide It's time to sell a royalty.
Anonymous
Cmmg is on life support. Bayhorse NR and nobody even makes a joke.
Anonymous
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>>21157811 Bottom signal. We are all exhausted.
Anonymous
I bought more uranium today. Yellow Cake closed at a 17% discount to NAV. Literally free money.
Anonymous
>>21158038 >17% discount I'm not buying unless it's 80% discount to NAV.
Anonymous
>>21158068 Yeah you're probably better off chasing the lithium stocks down the hill instead.
Anonymous
>>21158099 Kek. I'm pretty sure If i start buying the good quality projects right now and average down I'll make money in ~3years.
Anonymous
Thankfully, I never bought AMX, hopefully no bros are in it. One of the pumpers was Grandich:
https://x.com/PeterGrandich/status/1831709898247197003 Anonymous
>>21158128 What happened to this shitco?
Anonymous
>>21158109 good luck but I think it's just as likely specialist lithium industry is totally dead in 3 years.
Anonymous
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>>21158146 they released an MRE today, didn't read it, guess it sucked
Anonymous
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>>21158184 I mean I'm not buying yet.
Anonymous
Anonymous
>>21158038 that's not as good a deal as you might think
Anonymous
Damn looks like gold bottomed... Was Gary right?
Anonymous
>>21158426 maybe he was wrong in just a very short time frame?
Anonymous
>>21158401 last time they traded this low uranium was $62/lb. plenty of technical astrologists on twitter think it's heading back there but I don't agree.
Anonymous
>>21158598 >last time they traded this low uranium was $62/lb. Yeah last time my juniors traded at these prices gold was at $1500 per oz.
Anonymous
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>>21158658 Yellow Cake aren't a producer though, they're direct exposure to the metal price. 21.6m lbs of inventory that a utlitity could theoretically acquire if the spot and term markets get too expensive by comparison.
Sprott have a "never release under any circumstances" policy with their fund but Yellow Cake seem more willing to lend, location swap etc. to generate some revenues along the way.
Anonymous
>>21156518 What miners do you care about?
Anonymous
>>21158038 I've been buying SPUT but I often feel like I got into uranium too late and will be left bagholding
Anonymous
>>21159201 Depending on when you bought I don't think you have much reason to worry. After a spectacularly quiet year in the contracting market the asking prices have only gone up. Kazakhstan couldn't just turn on the taps and flood the world after all.
Anonymous
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>>21159102 >What miners do you care about? SNWNGR
Anonymous
>>21159286 Mainly bought within the last month and my average cost isn't too far away either hopefully miners go up as well I've been buying a lot of Denison and Global Atomic
Anonymous
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>Perseus increases investment in Predictive to 19.9%
Anonymous
>>21156338 China is fucked. This time last year they tried to pump Shanghai steel market and it completely backfired since they showed their hand with stimulus injections and yet the futures price remained unchanged a month later. A year on, China and German, leaders of their economic spheres are on the verge of an ugly situation that no bank or government can fix.
Anonymous
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>>21161342 You know what's good for steel demand? War
Anonymous
>>21160750 Once the spot price re-establishes upward momentum the equities will fly. That last bit of Kazatomprom news to come out pushed some of them up 14% on the day, it's a crazy reactive market. It could only take a couple of utilities getting skittish posy-symposium and clearing a few hundred k lbs off the trading decks.
I own Denison even though it's risky (ISR in the Athabasca unproven at that scale). If it works they could be the lowest cost producer in the world at Phoenix, given Kazatomprom's spiralling costs. Global Atomic is a step too far for me though. Niger aren't currently letting uranium leave the country, and you're relying on promises from a military junta for a multi-year build project.
Encore is my current favourite. Low cost pipeline of ISR projects (two already in production) and the JV with Boss cleaned up their balance sheet enough that they probably won't have to run to the market and raise more equity to advance.
Anonymous
>>21162606 Global Atomic's project there seems pretty promising of course because of Africa it can all go to shit at any time but has been pretty cheap so I couldn't resist
What do you think about Fission I've been slowly building up a position as they may get bought out by Paladin just for the 30% premium but they don't seem too bad a company on their own either
Anonymous
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>>21162837 Fission's management are kinda dodgy. One of the founders (who runs the spin off F3 and now F4 companies) opposes the Paladin deal. Dubious whether it gets done given how the value of Paladin's shares has collapsed and long-term Fission bagholders aren't getting a positive return from the premium.
The project looks lucrative if built together with NexGen's, as they're right next to each other on the other side of the basin from the rest of the mines and infrastructure. If the eventual owners can't share their toys then Fission's looks good but not great.
Anonymous
Gary was right!
Anonymous
Anonymous
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>>21163391 >or are you? Who knows? I'm kinda 50/50 at this point.
Anonymous
>According to BBG “[Russia's Finance Ministry] plans to allocate 172.9 billion rubles to buy gold and FX from September 6 to October 4, 2024. Russia is selling oil and FX and buying gold: “The Central Bank will be selling 0.2 billion rubles in currency per day.” >It’s a challenge to get an FX rate for the ruble but averaging 3 values on Google (Bloomberg is useless), 1000 Rub = $11 USD so 172 billion rubles = $1,719,999,999.00 USD or a max of 675,000 k toz. gold by my arithmetic. >However, what caught my eye in the article was this: Since September 7, 2023 the scale of daily [gold] purchases was increased 7-fold in the period October 5, 2023 a total of 276.16 billion rubles or 13.15 billion per day was allocated; from October 6, a total of 398.72 billion or 18.12 billion per day was allocated for purchases, while from November 8, the volume increased to 621.1 billion rubles or 29.6 billion rubles per day. Equaling 2.7 mm toz. or 27,000 lots for the 2-month period.
Anonymous
>>21163472 in war you let the enemy know what you're going to do, then do something else instead.
Anonymous
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>>21163491 what are (((they))) gonna do, shut down Russian and Chinese gold mines?
Anonymous
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>>21163539 >>21163675 I feel fortunate I was able to dump my position at the market open at .26 and get back $900 of the $2,850 I was dumb enough to put in back in '20-'21. Immediately bought more Snowline. I remember that Sprott, PAN MAN and Don Durrett all liked Ascot at one time
Anonymous
Anonymous
>>21164773 >Don Durrett oof you should have known it was a dog
Anonymous
Oilbros I don't feel so good
Anonymous
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>>21164801 in 2020 most of /pmg/ hadn't yet realized Durrett was a clown. When Don called Great Panther a 10 bagger after their pit flooded and they were closing in on bankruptcy everyone knew
Anonymous
Scottie is getting punished for being close to Ascot, if I had dry powder I'd buy some Scottie today
Anonymous
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>>21165051 Honestly I don't have high expectations for Scottie. They are almost a stereotypical example of that lifecycle of a junior mining picture.
Anonymous
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Bought some GDXJ today
Anonymous
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gold and silver dumping into the weekend close. who could have expected that?
Anonymous
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Oh, noes, Brunswick broe!
Anonymous
>>21164817 How low does Oil have to go before the Dane returns?
Anonymous
Anonymous
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>>21158505 Nevermind he's wrong again.
Anonymous
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The cartel won. What the fuck do we do now?
Anonymous
>>21162606 Harbinger of doom that I am, Encore's environmental permit for the larger of their medium term projects (Dewey-Burdock in South Dakota) has been successfully appealed by determined locals and will have to go through EPA consideration again. Shouldn't have an impact on Encore's existing operations, and they have another advanced stage project in Wyoming to invest in once revenues can support that, but might effect overall valuation a little.
Anonymous
I'm surprised NFG has not rallied together with the majors and Snowline.
Anonymous
>>21164773 I think PAN MAN mistook Ascot for Scottie.. but real talk, theres no point in trying to GOTCHA him, hes not an advisor, nor does he larp as one. He knows alot of projects out of BC and will genrally praise anything with a decent land package and historical claims, in addition to good road access and upper management.
If anyone blindly jumps into any company he shares, then they deserve what they have coming. Do DD instead.
Anonymous
>>21166606 EU is at an incredibly attractive valuation right now. If some retards thought 5.70 was a good price, then low 4s is incredible. This was actually the zone i had earmarked for a buy back in Q1.
Anonymous
>>21167135 We need Daddy Sprott to buy more.. is snowline more less inline with NFG on the Lassonde curve, or are they closer to a producer? legit know nothing other than that its had quite a nice run this year
Anonymous
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>>21167352 >legit know nothing other than that its had quite a nice run this year Same
Anonymous
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>>21167343 I've got a US$3.47 avg. which I'm still pretty happy with despite the extra discounts today. If only I'd been as patient with some of my other positions.
Anonymous
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>>21167342 no gotcha, just pointing out how some can look great but then go south, often due to crappy management. a major will probably snap up Ascot cheap which could even speed up a win for Scottie shareholders since there's a good chance they'd want Scottie's Blueberry discovery with around 2M oz on a road
Anonymous
When do we fucking profit? Commodities have been in a bear market for 3-4 years now. AAAAAAAAAAAAAAAAAAAAAAAAAAA!
Anonymous
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>>21135598 Just 2 more weeks bro
Trust me bro it's just there, around the corner.
Just baghold mere 2 more weeks preety please
Anonymous
Anonymous
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Who else loaded tf up on gold rn
PAN MAN
>>21167342 i liked both projects, but i was shocked to see Ascot just up and drop out of operating. No rumors were coming out of stewart, it seems like it was a near total blind side for a lot of the people working at Premier. They must have run through the money they saved up way faster then expected.
Scottie is still pretty much pure exploration at the moment, they cant build a mine on their own, their far more likely to get bought out by one of the local big players, same goes for Ascot, i expected them to get absorbed by one of the majors a while ago, but they seemed fine going it alone until now.
Has there been anymore info dropped as to why Ascot chose to go to shutdown yet? i ve been looking but its all just the same press release out there.
PAN MAN
>>21164773 >>21165051 >>21167342 As a side note, it seems this sort of fast start up and crash is becoming a real trend in new projects across BC, and i am wondering if there is a wider linked pattern here. Is it management fucking up? Is it a tight schedule for engineering, construction and operations failing to get into the black from start up? There have been so many attempts to get new projects up and off the ground, that just suddenly shutter, it cant all be just their corporate side dropping the ball.
Is it simply no one knows how to manage a new mine properly anymore??
Anonymous
>>21170812 >Has there been anymore info dropped as to why Ascot chose to go to shutdown yet? I was wondering myself, but there's nothing official besides the press release.
Anonymous
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>>21170824 >Is it simply no one knows how to manage a new mine properly anymore?? Competency crisis.
PAN MAN
>>21170846 i am snooping around on X right now and i see back in July there was quiet discussion around Ascot having issues with commissioning their mill, information at the time seems to say they didnt know what the exact numbers were on their head grade going into the mill, giving them erratic results. Its also said they were using material from development work to test and tweak the mill setup, that material was likely far lower grade than material from actual stopes, it makes sense to use it to figure out how to get things going, but it seems strange they didnt have actual info on what exactly was going into the mill at the time.
https://twitter.com/JordiEngineer/status/1811086803816071497 As a note, Ascots development work seemed to be far smaller in scale than similar projects, like Osisko Development's Cow Mountain Bulk Sample. The main working drive at Osisko Development's Cow Mountain project were huge, 30ft by 40ft, creating a lot of waste / dilute material that was constantly being shipped out as they had no where to store material on site. Ascot's development work at Big Missouri seems far smaller from photos but i dont have exact measurements. Its cheaper to go smaller, but it brings its own set of issues, like limited space for your infrastructure.
Anonymous
>>21170883 Damn looks like they ran through the treasury while figuring things out, most of the development project these days are like a curse for the share price. Looks like flipping the lassonde curve is the new normal in mining.
PAN MAN
>>21170904 https://www.mining.com/ascot-halts-premier-gold-mine-operations-in-british-columbia-just-months-after-first-pour/ In this new article from
Mining.com , it seems Ascot didnt have enough mill feed to keep production up, a critical error that could sink them. They say they need another 6 months to complete the needed work to get things ship shape, but it is probably too late already to turn things around. Investors must be really pissed right now, this project was looking fantastic, and now its stuck in start up hell. I would be really mad / frustrated too if i was working there, the local community was really banking on Premier coming online to bring in more population to Stewart.
Anonymous
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>>21170917 Yikes, It just goes from bad to worse. I don't doubt they'll get the financing they need, but I'm pretty sure It's not going to be a good deal for shareholders.
Anonymous
How are commodities doin right now? Particularly interested in iron, coal, and copper.
Anonymous
>>21171217 Iron is the lowest it's been since late 2022. Copper might hold up a little better but has been heading in that direction. Weakening demand in China blamed, but the world isn't building enough things to keep prices high at the moment.
If you're investing for the long term there might be opportunities on the cheap in the near future if not already (Rio Tinto, Glencore at multi-year lows).
Anonymous
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>>21171217 >How are commodities doin right now? Anonymous
>>21171233 I have some VALE. wouldn't be shocked if it went to 3-4 usd a share over next two years but am hoping to sell at 20 in the next 7. I saw VALE and Rio Tinto getting compared a bit last year I guess Rio Tinto is a more diversified?
Anonymous
>>21171405 >wouldn't be shocked if it went to 3-4 usd a share Anonymous
>>21171407 It has before. A bad recession and structural demand decrease could probably do it given their reliance on iron margins, and panic of course.
Anonymous
>>21171409 >It has before Yeah once, when a dam failed and a bunch of people died and there was FUD everywhere about the company.
Anonymous
>>21171418 Well what would you say the bottom would be under those conditions? 7?
Anonymous
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>>21171423 >Well what would you say the bottom would be under those conditions? Idk depends on how much in dividends they pay. Adjusted for dividends it's around $12 right now. I'd be surprised if it goes under $8, absent large dividends.
Anonymous
>>21167561 >that red candle for gold it's pulling back isn't it
>>21171217 They're looking quite weak with the sole exception of gold and uranium. Oil, copper, iron ore, steel, nickel, lithium all looking weak or heading down. Coal market is a bit more opaque but if iron ore and steel are looking weak and steel mills are crying uncle you can bet coal isn't doing too hot either. Gold feels like a safe place to be in a rate cutting and recessionary environment. Uranium kept up by tight supply and steady contracting market.
Anonymous
>>21171441 Rick Rule told me to stay away from lithium and nickel for now.
Anonymous
>>21171618 He's been pretty consistent in his message that he's long nickel already but still expects the nickel bear to stay on next year and lithium will remain a poor place to be until the big lithium producers are going for pennies. I agree with him. BHP has communicated that nickel market will likely be dead money until 2030
Anonymous
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>>21171405 They're both majority iron ore companies with a bit of copper. Rio have aluminium, chrome and titanium dioxides filling out the portfolio, while Vale have nickel, cobalt and some precious metals.
Rio are pouring money down the drain fighting a war in Serbia over a lithium mine, while Vale are awaiting the final verdict on how much they owe Brazil for a dam failure that killed a bunch of people.
Anonymous
>>21171622 I do agree, but if central banks go back to QE which is not an if question it's a when question. Almost all commodities will rise in tandem like in 2021. some might lag but eventually they pop (example cocoa).
Anonymous
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>>21171622 If the Indonesian nickel producers hit more issues that timeline could be accelerated. They're already importing material for their smelters (maybe seasonal tho idk).
Anonymous
>>21171624 With commodities, it's always a question of "when", not "if"
Anonymous
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>>21173129 Yeah, unless you drill the next big discovery.
Anonymous
Anonymous
What's the plan for Monday? Are we buying?
Anonymous
>>21141635 >It's over isn't it... Anonymous
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>>21167561 >When do we fucking profit? 14 days
Anonymous
Anonymous
>>21175365 depends. Will gold dump or moon?
Anonymous
>>21176839 >Will gold dump or moon? yes
Anonymous
Anonymous
Anonymous
what are some platinum plays outside SA, Zimbabwe and Russia? I think there was an Australian one being shilled here at some point?
Anonymous
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>>21178357 >I think there was an Australian one being shilled here at some point? Yeah, but quite a few of the PGM mines have more palladium than platinum. CHN was shilled here. BRVO as well, PGE is also one on the TSXV. There are others but I can't remember them atm.
Anonymous
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I hope something happens this week. Either moon or dump. Only one of these.
Anonymous
BRICS "Unit" cryptocurrency confirmed for 40% gold backing and Turkey has applied to join BRICS. Roll out for the currency will be next year, Russia to start using gold settlement for oil in a few weeks.
Anonymous
>>21178803 >40% gold backing Still fractional reserve. Nothinburger.
Anonymous
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Kek commodity chucks kneel before bond chads
Anonymous
>>21178807 You'll never have a successful gold-shilling youtube career with that attitude. This is EVERYTHING $10k by end of year.
Anonymous
>>21178853 >gold-shilling >youtube career Pick one.
Anonymous
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>>21178858 they do seem to be losing traction. getting a bit sad and desperate now.
Anonymous
Anonymous
Anonymous
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>>21180748 Trust the plan.
Anonymous
>>21178803 Japan back in play for Gold Chads
Anonymous
Anonymous
>>21180748 >>21180764 At some point people need to stop counting on this shit to pump price. Remember when electric cars would make silver skyrocket, or how uranium was about to become the world order?
>>21180790 Fucking kek, what did the black guy ask her?
Anonymous
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>>21180821 >or how uranium was about to become the world order? let's not throw the baby out with the bathwater, the uranium supply deficit is actually real
Anonymous
Anonymous
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>>21180790 I'm attracted to her breasts.
Anonymous
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>>21180991 When is she going to upgrade from that Ninja 300 to a ZX6R?
Anonymous
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>>21178803 >>21180812 >Digital currency anybody cheering for this is fucking stupid.
Anonymous
Mining will go to the Hispanics in the United States. I know several high up mine managers who really want to get more Hispanics into the mines because they say Hispanics work harder and demand less from a job.
Anonymous
>>21183439 >What do you guys think of mining becoming a Hispanic-dominated profession in the United States? Their cultures have a long history with mining. They will probably do fine.
Anonymous
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>>21183448 >>21183448 >>21183439 What's happening is mines are cycling through new, young employees at record rates. The young new hires don't work as hard as the previous generations, aren't as reliable, and often just don't stick around. They're mostly white.
Mine managers are getting fed up with this and want to replace them with Hispanics.
Hispanics make great miners.
Anonymous
>>21183439 And most they most likely work for less pay.
Anonymous
>>21184062 With coal getting crushed by government policy and market manipulation in favor of the "green transition," coal mining companies have to cut costs. Established coal miners seem quite unwilling to budge when it comes to pay and benefits. Most coal miners in the US top out around $35 to $40 per hour unless they're a mechanic or electrician, in which case the pay tops out around $45 to $50 per hour. That's high pay for an uneducated job, especially when you factor in overtime.
If coal miners won't budge on their pay and benefits packages, they should expect to be replaced with cheaper Hispanic labor in the coming years. It's the only rational choice on the part of the mine operators.
I really think coal miners in the US have grown spoiled in terms of pay and benefits. Many act like their shit doesn't stink and they're the greatest thing since sliced bread. Pride goeth before a fall.
Anonymous
Anonymous
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>>21148860 I’m doing a massive NFG slurp tomorrow.
Thoughts?
Anonymous
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I got up early thinking one of my companies were releasing earnings this morning. Turns out it's tomorrow. This is incredibly bearish news.
Anonymous
>>21184078 Their are a lot of jobs that will pay 35-40 an hour after a few years that don't involver inhaling large quantities of coal in remote areas.
Anonymous
>>21184765 I'm sure comparably paid jobs that only require high school education have their own drawbacks and dangers: loggers, truck drivers, train crew on railroads etc.
I'm just grouchy. I've been telling coal miners for years that the ax will come down on the high pay and benefits and bonuses and have been getting blank or hostile responses, yet now it's happening. It used to be common, just a year or two ago, for mine operators to pay 100% of a coal miner's medical expenses, yet now the health plans are beginning to charge co-pays and deductibles. Many coal miners are pissed, but how could they not see this coming given both the trajectory of worker compensation at large and the trajectory of the coal sector in the U.S. in particular? They were willfully blind to the state of things and now are suddenly shocked and outraged.
Deep down, I want all miners and hard workers to be well compensated, but it's unrealistic to believe that this will be the case in the future, both for coal miners and for Western workers in general.
So yeah, I'm venting a bit due to frustration. Sorry for bringing others into this matter.
Anonymous
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>>21184765 Also, underground coal mines in the U.S. typically don't have a bunch of coal dust floating in the air nowadays. In fact the air underground is incredibly clean at most mines, with huge quantities of fresh air being blown into the mine at all times. People do still get black lung from coal dust, so there is some dust, but most who get black lung are smokers. A doctor who works in Appalachia with a lot of coal miners has told me that the cigarette tar mixes with coal dust in the lungs to produce a kind of concretion in the lungs, which has extremely negative health consequences. Many miners have observed that non-smokers are practically never diagnosed with black lung.
Anonymous
>>21184842 I work in dog grooming it's pretty fun and relaxed most of the time. pay is commission based so a skilled worker can make double the average up to like 80-100k a year for 7 hours of work 5 days a week. But there are no health plans or secondary compensation packages, I prefer this but I'd imagine it's a big part of the total for coal workers. We have groomer lung for people that aren't careful with the dremel when doing nails.
Anonymous
>>21184851 Working with animals is good work, I think. I love pets and find animals to be better companions than the majority of people.
Kudos to you, fren, for working with the cute doggies.
Anonymous
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>>21184851 I knew a guy whose dream was to get out of mining and start a doggie daycare. No idea if he ever succeeded
Anonymous
>>21184896 Golden retrievers are jerks, they understand but never listen to directions and will act just to spite you. Yorkies are the gold mine because their fast to do and dumb as a cockroach. Doggy daycare is probably harder, problems scale non linearly with the number of dogs in the area at once. And if they're interacting with each other disease becomes more of a concern even with vaccinations. I hear kennel cough is pretty brutal.
Anonymous
>>21184906 What do you think of German Shepherds? Or English Mastiffs?
Anonymous
>>21184929 Shepards are crazy and have a lot of personality, hard to generalize. there are no mastiffs in my area. Of the regulars, I have a generally favorable view of labs, doodles, large poodles, bull dogs (owners need to regularly clean the face folds though), and small spaniels. Labs are probably pretty good all weather dogs that can do work related tasks as well as be a pet.
Anonymous
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>>21184963 Are Poodles the GOAT?
Anonymous
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>>21184963 Based and dogpilled
Anonymous
>>21184963 thoughts on shitbulls?
Anonymous
Anonymous
Anonymous
Keep hearing this is a buyers market, and I can't get my fucking orders filled. I have to raise the limits. We are at a turning point really.
Anonymous
>>21185417 >raise the limits Let them come to you. Don't blow your wad too soon.
t. make the buy-side market on some illiquid stocks with no m.m.
Anonymous
>>21185433 >Let them come to you. I have limits for months. that were set 10-20% lower than where the price was at the time. Can't get a fill, I'm telling you the junior market is near a turning point.
Anonymous
>>21185437 >>21185433 usually I just let the price go down into the range I like and hit the ask. I have been pounding the ask like a bratty slut these past few days since mining stock prices have dipped while gold is still way above my base case ($2,300)
Anonymous
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>>21185457 >usually I just let the price go down into the range I like and hit the ask I'm forced to do the same recently, otherwise I can't get a fill for weeks.
Anonymous
>>21185437 >near a turning point I hope you're right, but I'm not sure. There has been an uptick in consolidation via M&A, but volume has remained dreadful and there's still no interest from the momo/fomo niggers over in coinz n tek n sheiit.
Anonymous
>>21185466 I mean If I can't get my orders filled for months in a "buyers market" It might no longer be a "buyers market", which means It's at a turning point towards becoming a "sellers market".
Anonymous
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>>21185466 Usually I find that buying when there is extremely low volume and stagnant price action turns out well for me. It's indicative of low participation. When possible, I like being a buyer when there are no other competing buyers out there. Requires some patience though.
Anonymous
>>21185470 The junior market consists mostly of geriatric Canadians trading among themselves. I would say it's a buyer's market since many of its participants are dropping like flies and their heirs tend to liquidate the inherited positions at market. That's one reason I make staggered bids increasing the amounts with lower prices on illiquid stocks.
No new blood = same shit
Anonymous
>>21185519 Oh as I was complaining one of my orders got filled. I should complain more often.
Anonymous
>>21185525 the illuminati monitor all communications so they can inverse our expectations
Anonymous
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>>21185537 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!
Anonymous
Anonymous
Oh, noes, Integra broes!
Anonymous
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>>21185562 I'm waiting for you to push it down further before I buy. Keep doing the goo.
Anonymous
>>21185553 Aw shit was just about to buy more tomorrow. But it might still just crab downwards. Just MOUs.
I do not know what is the actual situation with mining software, but ”state of the art” software kind of gives me the chills. That could be one big money hole.
But I’m just a web shitter and most likely the embeded engineers are still the competent ones left.
Automation SHOULD boost efficiency also in a mine.
Do the professionals here have some experience on this?
Anonymous
Anonymous
>>21186183 Poo Lagoon bros...
Anonymous
>>21185457 >gold is still way above my base case ($2,300) what is the point of buying gold if 99% of people do not have any and do not know what it is? If the US dollar, and therefore the Euro shit the bed the government will just tax the shit out of, or confiscate again (like in the US did already) private gold holdings. So what real value is it, other than trading for minor profits as the price slowly increases over the decades?
Anonymous
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>>21186744 Well first off, it preserves my purchasing power over long time frames. If it gets taxed I can just hold onto it. Tax regimes come and go just like governments. Whether most people know about it or own it doesn't matter, there's always a bid and an ask for it. More pertinently it props up mining company cash flows, which are important for my portfolio's performance.
You might as well ask what the point of buying stocks is since the government can just start taxing capital gains more. Beats the hell out of cash is the ultimate answer.
Anonymous
>>21186223 how much longer until Rana delivers and we get a racist Jap nanobot qt?
Anonymous
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>>21186789 14 days. Trust the plan!
Anonymous
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>>21186744 it's boomer bitcoin, it goes up when enough people think it should be valuable, and there's still enough of them alive for now.
Anonymous
How are we feeling about First Quantum?
Anonymous
>>21188114 They lost money last quarter despite elevated copper prices, and have a lot of debt. Without Cobre Panama in operation they're kinda drowning.
Anonymous
>>21188521 They might be a buy if they go sub $5 or some shit. They're going to get that mine back most likely not like Panamanians can operate it on their own?
Anonymous
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>>21188527 Depends on what terms they can get it back, and how quickly. That nickel mine isn't helping bridge the gap. Things start looking really dicey if copper stays below $4 for an extended period of time, the ASIC on at least one their mines is pretty poor iirc (every copper play seems to have one ugly ducking mine).
Could they be a buyout target? Spin out the operations and keep Cobre Panama and the development properties in FQ.
Anonymous
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>>21186071 Looks like it chose to crab. Production is still years away, so I don't think there's any rush.
Anonymous
Shorts just covered over 1.1M shares after they started attacking Snowline nonstop in April. Snowline starts presenting tomorrow, Oct 10-13, at the Precious Metals Summit in Beaver Creek, could be a big news release soon
Anonymous
So Goldman got bearish on crude. Does this mean price will turn around or is it just because Currie was fired?
Anonymous
Buying this silly -20% Sovereign Metals dip. Hitting the 200dma exactly. Me like.
Anonymous
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>>21190117 Huh since when was he fired? He was still with them last week
Anonymous
>>21190175 Still seems expensive for a pre-construction project when Kenmare Resources already prints cash in the same industry and isn't multiples higher.
Anonymous
Central Asia Metals announce a ~5% half year dividend at current share price. Shame they've only got about 9 years left in their copper leaching asset, and the lead/zinc mine isn't much longer (~12 iirc). Need to find the next project to get commodity gamblers excited.
Anonymous
>>21189401 Snowline drops 1,004 g-m hole starting at surface at Valley and finds 2 new targets with 28.4 g/t Au and 6.11 g/t Au grab samples. Assays pending for >22,500 m
Anonymous
Anonymous
>>21191260 >Need to find the next project to get commodity gamblers excited. Last I remember they had a pretty good balance sheet, so I don't think that would be an issue.
Anonymous
>>21185437 Is it in about 14 days by any chance?
Anonymous
>>21191418 They've put a few million into a private exploration company in Scotland of all places. Nickel/copper/cobalt, counter-cyclical. They're also doing exploration themselves in Kazakhstan but given the increases in mineral extraction taxes there probably doesn't look as promising as when they first started.
Company is in really great shape, and cheap for it. Modern investors want growth not cash returns.
Anonymous
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>>21190175 Massive volume & weekly chart looks horrible. Will hold off buying till next year, we are balls deep in recession already.
Anonymous
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>>21191546 Modern "investors" are gamblers. There are no investors left as investment implies return of captial and nothing does that anymore on sensibly long timescale of say 5 / 10 years, apart from maybe physical gold at the moment.
Anonymous
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>>21191544 >Is it in about 14 days by any chance? Yes, trust the plan.
>>21191546 CAML is a solid company.
Anonymous
It's time to go all in boys. Gary is saying that it's go time. WAGMI!
Anonymous
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>>21191638 frustrated traders sell their longs, they don't send the price higher. the explosive move was caused by excessive shorting that doesn't exist any more.
Anonymous
Glencore looks really attractive at this price. They do relatively well in low demand environments because they own a lot of the processing side and treatment charges tend to inverse the raw materials.
Anonymous
>>21191638 I think he might be right on silver.
Anonymous
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>>21191653 >I don't hear anyone talk about it any more. Yeah the price dropped like 70%. People only talk about their shit at the top.
Anonymous
>>21191250 >$63.2M EBITDA for H1/2024 >$376M market cap So essentially it's valued at around 3x EBITDA. Which is arguably a pretty good deal, but there is also little to no growth so what you see is what you get.
Sovereign Metals:
>$263M market cap >average $415M in annual EBITDA, $200M for the first four years >$600M initial capex >maybe three or four years away from production >$1.6B NPV8% Sovereign is valued at about 16% NPV and will likely the taken over by Rio Tinto next year, plus there are ample resources for two or three times the initial 25y mine life so that NPV number is actually mucy lower than the actual value of the project. Three to four years out they'd be valued at around 1.3x EBITDA in stage 1 and later, 0.5x EBITDA in stage 2. The PFS study numbers seem pretty conservative too.
idk both seem cheap SVM looks cheaper to me. Kenmare has cash flows now for a pretty cheap price today, Sovereign has bigger cash flows in the future for a cheaper price today.
Anonymous
>>21191638 >>21191677 Call me crazy but I also think it might be go time for gold and silver. Volume has all but disappeared and price action has been for the most part pretty stagnant in both the metals and the miners. In other words nobody has been buying or selling all that much, prices have been limp-dicking, and generally speaking it has just been "silent" out there. Typically these are the best opportunities to buy. I do agree big moves are coming soon™. Let's see whether they are up or down.
Anonymous
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>>21191638 >>21191677 I hope he is right, for once
Anonymous
>Snowline Gold Drills 6.0 Grams Per Tonne Gold Over 101.0 M In Broader Interval Of 4.1 Grams Per Tonne Gold Over 244.9 M From Surface At Its Valley Deposit, And Identifies Two New Gold Targets
Anonymous
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>>21191708 We share the same though, hopefully in two weeks things finnaly turn around.
Anonymous
>>21191717 You sell it to the majors for a few billion dollars.
Anonymous
>>21191733 Nah, you do a 50/50 with Barrick and become NovaGold.
Anonymous
>>21191760 >Nah, you do a 50/50 with Barrick I mean they know Snowniggers can't build the mine so... I mean maybe It's possible, but a major would want the whole thing.
Anonymous
>>21191685 Issues arise if Rio don't want to buy them out, given they already have rutile in their portfolio and the market is softening even without massive new supply. Funding the initial capex alone could be extremely dilutive, and Rio's interest deters any other suitor from a takeover.
The graphite is probably key. I don't know that market at all, but it sounds complicated compared to most commodities. Flake sizes, synthetics etc.
Anonymous
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>>21191760 God I hope not. Novagold fucking sucks
Anonymous
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>>21191778 Yes, was pointing that out in a round-about way ... a major comes in and it becomes shelved indefinitely.
I still maintain my thesis that SGD drill results will continue to be a liquidity event for sellers rather than take the SP to new levels as was anticipated by SNWNGR. There should be good risk-on volume today, perfect for unloading. I'm almost tempted to get back in here and sell some paper.
Anonymous
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>>21191782 Do note that rutile supply is also coming down. Two big mines closing this year, one in Kenya and the other in Sierra Leone if memory serves me right. The rutile market should be in a relatively good place even with demand coming down for a few years. And if Rio Tinto for some reason wouldn't want to consolidate their rutile business even more with the addition of the world's best rutile project I'd be pretty surprised especially considering they have been increasing their ownership share of Sovereign at every chance they can.
>Funding the initial capex alone could be extremely dilutive, Not necessarily. I'm certain royalty companies would be lining up to fund most of the capex for a percentage or three of the revenues. We're talking about a 50-75 year life of mine asset that is the best of its kind in the whole world.
>The graphite is probably key I agree. The coproduct graphite is like 40% of the revenues I think. It's a sector of the market I also don't understand very well but recent studies from Sovereign show that the specifications should be best-in-class.
Anonymous
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https://www.mining.com/anglogold-ashanti-to-buy-centamin-for-2-5-billion/ >The addition of the Sukari mine to its portfolio will increase AngloGold’s annual production by around 450,000 ounces, bringing its total output to 3.1 million ounces. Surprising takeover! Anglogold Ashanti is probably going to grow into a top 3 gold producer in the next few years and surpass Agnico in ounces. They have a lot of growth and consolidation opportunities and huge projects. The big issue I see is that they have a lot of denbts and growth capex, but if they manage the company well they can avoid having big issues I think.
Anonymous
Anonymous
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>>21192080 Quite an explosion indeed
Anonymous
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>>21191717 >Snownigger-kings, what do we do with all this gold? Anonymous
Anonymous
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Anonymous
If the junior market turns around in two weeks, we'll be right on time to snap the cutie Nipponese virgins.
https://www.youtube.com/watch?v=UO6MALjyeSw Anonymous
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>>21193265 Next week is rate cutting time. Probably 25bp
Anonymous
>>21192829 think she likes men invested with Graeme and Rana?
Anonymous
>>21193265 kek, we can save them
Anonymous
>>21193298 Every word that you say on how you made x1000 on Bayhorse and Poo Lagoon, will be making her secrete more pussy juice.
Anonymous
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>>21193327 If funny how they call men "herbivore" lmfao. I guess that's how Asian women cope from the lack of attention.
Anonymous
>>21193336 adding to both positions
Anonymous
>>21193434 I would like to add my cock in her, in multiple positions, if you know what I mean.
Anonymous
Anonymous
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>It's 5 cents Canadian. How much an I lose?
Anonymous
Seems that gold is holding well. Deploying degenerate levels of leverage. Gold price will most likely freefall immediately after that.
Anonymous
Denison Mines leaping headfirst into a shitty lithium investment like they prefer life at the bottom. They say themselves they can just about afford to build Phoenix with current assets and near-term cashflows, why commit a big chunk of that to a literal garbage mineral?
Anonymous
>>21194953 LUG is great, Calibre is meh
Anonymous
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Anglo American's spinout of its platinum company is starting. A small market sale then distributing the rest to shareholders.
Anonymous
Anonymous
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>>21195281 bit early for a 9/11 dive
Anonymous
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>>21194978 How bad do you think this will be especially long term if the price of lithium goes up? I was thinking of stocking up on more Denison which is risky but I think if they pull off isr mining it'll be well worth it. Perhaps I should look into Encore
Anonymous
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>>21194979 We don’t really care about the analysts here, but why do you think that many of them have set a 3$ price target for Calibre. The high end is 4$.
Does Lundin have more upside?
The Valentine mine will be live next year and it is already looking to be better than was previously known.
I’ll might add BTO also to diversify. They will have their new mine running even sooner.
