/biz/ - Business & Finance

Imagine not Prepping the BHLL lads
Aygmi?

Aztec Minerals Receives Initial RC Drill Results from Tombstone Project, Arizona Including 0.94 gpt Gold and 42.1 gpt Silver (1.60 gpt AuEq) over 77.7m

https://ceo.ca/@accesswire/aztec-receives-initial-rc-drill-results-from-tombstone

22 minutes ago

>>22903910
Shill me on BHLL. Why them and not the 10000000 other miners?

>>22903929
Is this good?

>>22903936
good ground, but years and years away from being able to do anything with it, just look up the ticker in your broker, the spread is HUGE between what you buy it at, vs what you can actually sell it at.

probably not your best bet considering how many better options are out there right now

Is war in Armenia gonna make it harder for me to get their coinage? I've been trying to buy some but can't find them.

>>22903951

Well, NNA revealed 145 metres of 8 gpt silver before it crashed 99%. So the silver content is already 5x better than NNA. Haha.

>>22904040
I didnt know Armenia had coins.

Going UP

>>22904040
They're minted by Geiger Edelmetalle so I don't think they'll be affected. You can order directly from the mint

Why was the last thread deleted? Was it the OP image? One comment seemed butthurt by it.

>>22904170
If you don't know, don't worry about it!

>>22904050
Is someone shilling Equity Metals here? That company and its ground is such a dumpster fire I dont even know where to begin. Stay the hell away from that. Also >>22903929 thats pretty good ground to drill, that kind of mineralization over 70m is great. Hope to see more results like that down the line.

>>22903951
Not great but it really depends of the costs of getting the metal out of the ground.

>>22903929
>Aztec
Let me be the 1st to say thanks to the small number of Aztec shills. I researched them about 10 days ago after some shilling, liked what I saw and bought 4,000 shares at $0.34 USD. Should be up 20% tomorrow.

>>22904526
they look very promising, they are looking at historically amazing ground, that only stopped producing because the water table was to difficult to work with primitive tech. Their drilling seems to be having issues with voids from previous mining, I am sure though that wont be to much of a long term issue, might just have to change the angle and location of the drill.

>>22904472

I mention NNA only because it's amusing to show just how bad those results were by comparison. Think it's a good way to give a basic idea of Aztec's results to somebody new to drilling to show what absolute bottom-of-the-barrel, worst-results-in-history look like.

What happens to pm's if Trump wins? What if he loses?

>>22904768
Literally doesn't fucking matter

'conservatives' win = slower decay
leftists win = quicker decay

The system is fucked either way. There's no going back.

>>22904746
NNA's results were so bad they dropped local property values by 20%. My buddies at projects owned by Botco and others all were fuming because those fuck sticks ruined a summers worth of work with those results, and they acted like they were good too. My friends at Surge Copper had investors calling them asking how close they were to the Silver Queen project, word spreads quick about bad results just as fast as good ones do.

>>22904801
This, honestly kind of wanna see Biden win in a morbidly curious way but realistically Trump IS going to win and it will be better for everyone

>>22904526

I was the one who brought up AZT as a potential gamble. Did sell a few of my shares before the results came out, because the hype about Aztec was making me nervous that it would turn out to be a scam; but I still do have a reasonable position, so I'm glad about that. Will continue to hold what I still have.

By the way, a company which I have never mentioned before is called Viscount Mining. Increased my position after they lately announced a 10-hole drilling program. I learned about the company months ago when the CEO went on Arcadia Economics in March; seems to be well aware of silver manipulation, so I like that. Only a 35-million market cap. Owns a historic silver property called Silver Cliff, which, a couple of years ago, was found to have 6 million ounces of 84 g/t indicated silver, and 7 million ounces of 70 g/t inferred silver. An earlier study showed 50 million ounces of silver.

>>22904801
>The system is fucked either way. There's no going back.

why is /smg/ being archived out of the blue?

>>22904867

Hahaha. It's a shame, because I really like the name "The Silver Queen." Sounds like such a romantic name for a mine. Who could have guessed that a mine with a name like that would have less silver in it than I do in my back garden.

>>22905140
it had amazing silver ore... in the 1920s but unfortunately for the original rancher and his buddies who found and mined it the high grade vein system didnt go to depth. There are amazing surface silver showings all over the ridge line above the main camp there and even some great ore still in the original adit on site, but the later miners only ever found lead and zinc.

I exchanged almost all my money with silver except for 1/4 for trading stocks, since I first heard of Coronachan.

Actually since I am home I have access to most of my rock collection, here are some samples from when I was there in 2007.

>>22905207

Thank you, very interesting to know. I can see how the story of the mine must keep people coming back to get scammed by NNA again and again. Must be in the back of people's minds that, if you keep looking, and look hard enough, eventually a historic silver property is going to turn something up. And they see that $4 million market cap and think "How much lower can it really go." But the company is so ludicrously evil and incompetent that I don't see the point in getting involved, even when the share price is in the abyss. There are so many better microcap silver plays left, like Klondike or Bayhorse. I would never get involved with an evil company on principle.

>>22905316
Telluride ore carrying zinc and rare earth elements like rubidium and rhodium.

>>22905329
This was their "high grade" ore. Its almost all zinc with lead, almost no silver. I have rocks on my desk with 100x more silver in them.

>>22905089
janny sperging out

>>22905340
The rock (((merchants))) ripped you off friend.

>>22905316
>>22905329
>>22905340

Fascinating pictures, thank you.

>>22905411
you think thats bad, this is worse. This rock is low grade sulfides that New Nadina Resources, the company before equity metals corporation was running through their mill to show investors. Its barron rock. No gold or silver, only basic pyrites. utterly worthless.

>>22905329
>>22905340
>>22905316
These rocks are not shiny enough!

>>22905316
>>22905329
>>22905340
Interesting pictures indeed. I appreciate you posting these. I want to start a rock collection now.

>>22905470
But thats fraud isnt it? Showing off a blank rock with some yellow tones pretending its gold to impress retard investors?

>>22905470
Wow. Opened my eyes and enlightened me on investing in miners.

>>22905329
>>22905340
>>22905470
>>22905316
awesome pics panman. What would you do next to refine these? Do you need to heat them up or crunch them into rubble before seperation?

Saw pic related and thought of /pmg/

>>22905528
Based if true. I hope they liberate us. This world and timeline we are in fucking suck.

>>22905509
>>22905516
yea it was fraud and that plus the attempts to use existing old unlogged core from decades ago in their 43-101 report caused New Nadina to loose their free miners license and permits for a year plus insane fines and they got delisted from the Toronto stock exchange too. There were several earlier frauds also exposed too down the line to do with salting assay samples with ore from better properties belonging to the on site management. A total cluster fuck of a project.
>>22905517
This really isnt worth refining but you could grind it down and torch + bone crusible to do an assay on them. You would be left with a tiny bead of zinc probably. I ll post some photos of the high grade silver ore from my old Babine property before the crown took it away from my grandparents to compare.

>>22905528
ARG for Man in the High Castle.

>>22905509

They've done a lot worse than that. Going to repeat the classic NNA story for people who don't know it yet.

In 2017, NNA leaks grainy footage of alleged "high-grade" silver ore on the internet, pumps the share price 4000%. Then, just before Christmas, they halt the stock. Release actual drilling results. Some of the worst ever; 8 gpt of silver. The time of the halt ruins Christmas for every investor, and allows the bad news to be digested for the longest possible amount of time before market open. At market open, NNA crashes 99%, and people lose literally everything.

Really interesting to read what the pumpers on ceo were saying at the time.

"The next catalyst is the financing , hope it happens fast and at $7.00 , that's what we need for decent market cap to happen soon.. If nna can prove up a major resource , $500 million market going to look cheap .."

"I bought in from GGI at 4.19 and strongly believe the market cap is undervalued. people that talk about share price with such a low float and high potential just dont know the upside of this stock. Talked again with Ellen today and entice anyone to do it she is quite candid and believe in her company which says alot"

"Im pretty sure we will reach 100 mcad, 7 cad per share very soon. "

"The positives - if this is a confirmed discovery - this is going to the MOON...in a day. The negatives...If somehow all those pretty colours don't translate in the assay - well good luck getting out. Am holding everything cause am a moon sorta guy but am not gonna say that I have been able to temper myself from checking-in way more than i should be"

>>22905606
>ARG
What is this

So I bought one of these coin case cases and put a load of my numismatic shit into it, pretty pleased with results, one catch came broken because shipping lol but whatever it was cheap.

>>22905619
>>22905596

Were they executed in public for pulling that stunt?

>>22905621
I was joking but ARGs are alternate reality games where there are clues/prompts/easter eggs/etc hidden IRL, that people online team up to find and solve and such. Sometimes used as promotionals for upcoming games/media, or just for the hell of it. /x/ has done a few back in the day, all you really gotta do is scatter some convoluted clues IRL and make some weird websites and phone numbers.

>>22905651
Pleasing results, size capsules in the left line empty, because...

>>22905650

Pan Man has told much worse stories, and they always seem to get away with it, change their name, and go on doing what they do. One which I remember is that they pumped toxic chemicals into the environment.

>>22905662
This one will be filled with these things. I love them so much, such a beautiful coin design. Got two on the way, hopefully more soon. It's luck getting them at a good price, as they often change hands for stupid money. I'm.l ever hopeful though. Just got to keep vigilant.

>>22905650
two junior geos got black listed for life resulting in his suicide by drinking and the entire management staff were fired. The land owner also got involved as his lease with New Nadina over the mine came up at the same time their share price tanked and it was taken to court where New Nadina lost and had to sell off major on site assets to pay the land owner not to kick them off the property.

>>22905675
I'd argue this is definitely the best eagle coin. How can you even compete? It's an eagle sitting on a faggot, what the fuck more do you want or need on your coin besides it's face value? Beautiful.

>>22905662
>>22905675
where do you sell these when u need the money

>>22905671
yea they pumped out one of their acid rock drainage ponds to try and dredge it with an excavator (illegal in both cases) to save money on building a bigger impoundment. The water went into Owen lake causing a fish die off and massive damage that they never paid the fines for. Again junior staffers were fired to make the mines inspectors happy.

>>22905696
Coin shops or to collectors. The longer you hold numismatic stuff though the higher it's relative value goes. It's gone literally crazy over the last year, shit I was buying for £2-3 is going for £7-8 upwards. I saw a Victorian crown going for £90 on Atkinson's bullion last month. A rare treat is this; the "godless florin"

>>22905753
It was so called because at the time a Catholic was in charge of the mint, and omitted "dei gratia" from the head side of the coin, here. Or, "by the grace of God", which remains in our currency to this day. Divine rule never dies!

If anyone wants to see more interesting rocks I have two closets worth of egg cartons and boxes of rocks, hell I dont even remember what half these are.

>>22905826

If you have it, I think it would be interesting to see something really high-grade, to contrast with the NNA ore. A case where the contrast is very sharp and striking.

>>22905826
Why egg cartons kek

>>22905826
Of course we do! I have a weird rock myself, I think it's rock idk even what it is. It's really light, like usually light like bone, but really fucking tough like I tried to smash it. It contains this blue crystaline stuff and other bits of black stuff with a consistency like charcoal. But I want to see what you have in there!

>>22905851
let me have a look in my boxes, if i dont have anything striking in there I have that photo of the high grade silver / gold ore from my project in NW BC that is pretty good.

Weird question, but, can I go mining?
Like, in real life mining. Just head up to the mountains or whatever and start digging?

>>22905969
Depends on where you live, google your local area with (gold mining) or similar terms. You never know what you will find. Heres a chuck of high grade galena from I think Higgen's Creek or the "Hole in the wall" mine in the Babine Mountains. This stuff assays 900gpt Ag and 5gpt Au, lots of zinc and lead in there too.

fuck thats a bad shot heres a better one

What are some cheap silver shit I can still buy on ebay? I bought a 100 peseta coin few weeks ago for $9 while the rest were overpriced but it got lost in the mail

>>22905969
I wish, the short answer is no

long answer, hell no, there is so many enviromental, legal safety laws now it's a headache, I posted in a thread awhile ago Im trying to start up a project and it's got full legal and enviromental approval, but now the safety department wont let me, you also have to contend with now 'traditional owners' are popping out of the woodwork and getting some real good legal organisation together.

It most places however there is small scale works approvals which cover a lot of small diggings and prospecting which thankfully are pretty easy to manage as long as you clean up when youre finished.

By the way, forgot to post this news about Silver One. Thought not merely SVE investors but everybody might be interested in this, because it may say something about Mexico as a mining jurisdiction:

-

Silver One to Sell Mexican Silver Assets

https://ceo.ca/@newsfile/silver-one-to-sell-mexican-silver-assets

-

One person on ceo comments:

"Interesting timing with the recent issues First Majestic & Exellon have had with the Mexican judiciary system. I decided on the weekend I'm personally done adding to Mexican plays...in deep enough. Probably been in the works for months though and being a mostly share transaction my theory is kind of irrelevant. At least we won't put any more money into it."

>>22906128
looks like Mexico is loosing its perferred jurisdiction status with investors than. Funding must think the Mexico isnt a smart play anymore and companies are pulling back. Mexico may have screwed up on this.

>>22906212

Have mentioned in previous threads that if somebody's portfolio is nothing but First Majestic, Endeavour, Defiance, Excellon, Silver Viper, GR Silver, Kootenay, Vizsla, etc., they should really think about diversifying into other countries. It's easy to sleepwalk into having an entirely Mexican portfolio. I have very large positions in Impact and Vangold, but that's pretty much the limit of my exposure to Mexico. I would rather have a big position in Irving Resources, for example, and have that jurisdictional diversification in Japan, than spread the same money across the usual hodgepodge of Mexican silver stocks and possibly lose everything.

>>22906283
Irving has mines in Japan?

>>22906283
I agree, its best to not have everything in one country or continent. However on my end what I hold is mostly just to help keep track of companies than real investment. I ll grab a bit here and there of interesting companies than get their yearly info packet in the mail at Christmas. At least Mexico hasn't gone and done what Argentina did, which basically killed 2 billion in exploration work for this year because their government doesnt understand banking.

>>22905969
https://www.service.vic.gov.au/services/earth-resources
Probably not your jurisdiction, but look up for stuff similar near you.

>>22906339

Irving is entirely in Japan, that's one thing which makes it so interesting. Mining is just starting again in Japan after a very long interval, so they are having to start from scratch and re-invent the wheel there. Only one drill is going right now. But people think Irving has so much potential that it might ultimately out-perform every other mining stock. It is one of Sprott's largest positions, and Bob Moriarty's largest one. It's one of those really solid, "robust" small caps you can really depend on, like Irving in Mexico or Dolly Varden in Canada.

"In June of 2020 Irving made an incredible coup by announcing a non-binding term sheet to come to an agreement on the acquisition of the famous Yamagano gold mine from the Shimadzu family. This mine was in production for over 360 years and was a primary source of the wealth of one of the most important families in Japan. Located on the island of Kyushu the mine is about 11 km from the world famous high-grade Hishikari gold mine."

This is what Bob Moriarty said about Irving's news release yesterday:

Irving Resources Signs Definitive Agreement for Option to Acquire the Historic Yamagano Mining License

https://ceo.ca/@nasdaq/irving-resources-signs-definitive-agreement-for-option

"This is the biggest news in two years. Akiko has done the most incredible deal I have ever seen. Investors will need to be patient because Japan, Canada and Australia are all locked down and until people can start to move around things will be slow. There is some ground work in progress but don't expect fireworks until 2021. Maybe summer or so. They will eventually do a CSAMT which has been proven of great value at Omu. This just doubled the medium term market cap for Irving."

>>22906339

Irving is entirely in Japan, that's one thing which makes it so interesting. Mining is just starting again in Japan after a very long interval, so they are having to start from scratch and re-invent the wheel there. Only one drill is going right now. But people think Irving has so much potential that it might ultimately out-perform every other mining stock. It is one of Sprott's largest positions, and Bob Moriarty's largest one. It's one of those really solid, "robust" small caps you can really depend on, like Impact in Mexico or Dolly Varden in Canada.

"In June of 2020 Irving made an incredible coup by announcing a non-binding term sheet to come to an agreement on the acquisition of the famous Yamagano gold mine from the Shimadzu family. This mine was in production for over 360 years and was a primary source of the wealth of one of the most important families in Japan. Located on the island of Kyushu the mine is about 11 km from the world famous high-grade Hishikari gold mine."

This is what Bob Moriarty said about Irving's news release yesterday:

Irving Resources Signs Definitive Agreement for Option to Acquire the Historic Yamagano Mining License

https://ceo.ca/@nasdaq/irving-resources-signs-definitive-agreement-for-option

"This is the biggest news in two years. Akiko has done the most incredible deal I have ever seen. Investors will need to be patient because Japan, Canada and Australia are all locked down and until people can start to move around things will be slow. There is some ground work in progress but don't expect fireworks until 2021. Maybe summer or so. They will eventually do a CSAMT which has been proven of great value at Omu. This just doubled the medium term market cap for Irving."

>>22906045
>safety department wont let me
Damn. Something fixable?

>>22906406
>>22906423
Ill add it to my list of miners. I regret getting so heavily into McEwin instead of splitting the money into some others.

>>22906283
I agree that it is not wise to have all eggs on one basket. On the other hand, the miners in Mexico have been hit extra hard because of the uncertainty with the government. What this means is that a "risk on" tactic would be to increase positions in these miners. The potential gains are extremely high since many investors are currently afraid of the jurisdiction. Be greedy when others are fearful.

>>22906425
I got a hold of a safety consultant whos familar with the system and I think we are good my /pmg/ bros, just waiting to hear back from a few people.

>>22906490

It's a shame about MUX, but it's actually down even less than FR from the local peak, even after the Sprott investment. "NabtaPlayaEgypt" on ceo is spreading fud that MUX doesn't have the asset-base to recover; but that seems really implausible, given that Don Durrett believed in MUX when we had $1300 and $17 silver. He spreads fud on a lot of stocks, so he might have some kind of agenda.

>>22906360

Yes, I heard about that. I've speculated that that new show of hostility to mining is one reason why MUX continues to go down, because one of their assets is in Argentina. This comment on the MUX channel from July was pretty prescient:

@retiredrick | The Argentina Gov't takes so many bites out of that pie that it will not have much effect on the company if they shut it down. The only good thing that might come out of it is if Rob decided that Argentina is just a waste of time, money and effort. | Jul 2020

>>22906584

(Was in reply to this piece of news: "Cerro Moro (Yamana), Cero Negro $NGT, and Minera Santa Cruz (pretty much $MUX 's only money-maker), blockaded and road-blocked, with workers demanding 22% raise.")

>>22906584
Argentina's government may have done that odd banking / taxation plan for another reason too, possibly to play favorites to old school socialized mines, the camps which operate these mines are owned by several people in the countries government. Its happened before in Peru and Bolivia, I would not be surprised if this was an attempt by their government to gain rural support by looking tough on foreign corporate mining. Thats just an educated theory though, I dont have anyone in Argentina to ask.

>>22906679

Thank you, it's very interesting to hear your thoughts.

>>22906565

I definitely agree with the principle, but, as far as I can see, a lot of good silver stocks in other jurisdictions are down just as much as the Mexican ones. Irving is down 24% from the local peak; to take something comparable, Discovery Metals in Mexico is down 25%. So if somebody already had a large Mexican portfolio and they were thinking of buying DSV (for example) they might want to consider looking elsewhere for just as good a discount.

>>22906739
>a lot of good silver stocks are down just as much
There definitely are stocks that have dipped significantly as well but for example both First Majestic and Endeavour dipped well below 30% from their local peak and considering both of these companies are already producing from multiple mines I feel like the dip was excessive. You seem to be focused on the junior space which I haven't followed as closely but seeing a senior producer dropping below 30% is just too much for me not to buy the dip.

Is SILJ okay?

>>22906835

Hecla in the U. S. A. has the same market cap as First Majestic, and is down 25%. But I think that they are less pure in their exposure to silver. Only about 33% as I recall, which is half the level of FR. You would think that, when FR comes up again on a rise in the price of silver, it should do so much faster and farther. I invest exclusively in juniors, not producers, which is why I talk about them so much. Upside on a $3 billion or even $500 million market cap feels too limited to get me excited.

>>22907009
Explain market cap to me. I never understood the importance.

>portfolio full of Mexico, Canada and USA
I'm not afraid.

>>22907009
Yea I understand where you are coming from. I have some producers and some explorers in my portfolio but definitely more money on the producer side of things. My logic is that if we believe that in a couple of years silver will be triple digits or atleast above 50 the senior producers, despite their larger market cap, will have significant gains to be made and should give the invested capital back manyfold. Obviously the same applies to juniors except there are some scam businesses or some of them just for whatever reason never really make it. There will be juniors that go 100x and then there will be juniors that go to 0. Thats why I am more hesitant buying juniors since I don't consider having enough knowledge to distinguish the good from the bad in the junior space.

I've been eyeing Hecla as well but like you said their exposure to silver is actually quite small which is why I haven't bothered to invest in them and preferred these Mexican producers with purer silver explosure in the range on 60% or something.

I'm gonna save up for one of these monster boxes, I should have the money by January. I can't wait to buy it

>>22907029
Market cap is simply the value of all stock outstanding, i.e. the current valuation of the business. Why it is important? Because if your market cap is 100 billion for your investment to double the company would need 100 billion more in invested funds to go 2x. However if your market cap is 100 million the company needs to find only 100 million in new investment to make it go 2x.

Night guys got stuff to do in the morning, I ll dig some more interesting stuff out of the rock boxes next time.

>>22907029

Have you noticed the crypto people saying on this board, "shill me a low market cap gem." It's the same principle in mining stocks. The smaller the market cap, the less the money that has to go into the stock to make it move. FR market cap is already 3 billion, so you need another 3 billion to come in to make it double, an enormous amount of currency. But if you buy Bayhorse Silver (market cap $20 million), only $20 million needs to come into the stock to make it double. Only $80 million needs to come in for you to make 5x. And so on. Lower market cap means more room for growth. People invest in producers because they are "safe" and already established, but you pay a large premium for that, and it considerably limits your upside. Mid-tier producers like FR may go 10x or even 20x, but it's impossible to see them going 150x, as many $100 million market caps will do if we get $100 silver. Explorers and developers will crash if silver crashes, but, if you truly believe in silver, seeing the future early, and investing in them, is the way to make the greatest possible amount of money. You are front-running the people who don't have confidence in silver yet. If you invested $1000 in First Majestic in 2001, when it was 0.20 CAD, you could have sold it in 2011 for $150,000. If you invested $10,000, you made $1.5 million.

>>22907137
Nighty night panman! Dream of diamonds!

>>22907084

There are so few silver juniors left that the sector isn't actually as scary and dangerous as you might think. Not if you are confident that we are going into a PM bull market. All the good names are widely known and discussed. If you make good use of ceo.ca, do a little research for yourself, and watch what experienced investors like Eric Sprott, Don Durrett, Dave Kranzler, David Erfle, Bob Mortiarty, are doing, it's no more dangerous than investing in a producer, really. I'll give you an example. Look at Dolly Varden. It has 100% control of the Dolly Varden mine, a historic Canadian silver mine. Market cap only $80 million. 40 million proven high-grade ounces in the ground. 10 million in cash. The property is 88 square kilometres, and only 3% of it has been explored in detail. There are four formerly producing mines. The property has produced 20 million ounces of silver in the past. As you can see from my picture, Eric Sprott has a large investment in it ($11 million dollars, 20% of the company). To my mind, that is derisked. There is no possible world in which, in a silver bull market, a company like that won't soar. You aren't gambling on drilling results. Common sense tells you that silver is there, in abundance, in the ground; and, as silver rises, investors will be flocking into the stock in order to own it. Another example is Impact Silver. $100 million mcap, 8 million in cash, no debt, 10 years a producer, colossal 600 square km property, the second-oldest silver district in Mexico, which has produced a million ounces a year for 500 years. Again, to my mind, what can possibly go wrong.

In the 70s bull market, even clothing companies with the word "silver" in them were soaring. So long as the company has the ounces in the ground, and the management at least reasonably competent, there is no problem. Even if you don't choose the perfect silver stock, it is going to go up if it isn't either a complete scam, or a mere gamble on permits or drilling.

>>22907297
Thank you for this response. I guess if I just follow on Sprotts footsteps I can't go much wrong. Also that's a good point that if silver soars the ounces on the ground will be extremely valuable even if there is no mining ongoing. Where is that portfolio pic from? Can I view Eric Sprott's entire portfolio somewhere?

What happened? Why was the last thread nuked?

Soon we are back to 26 and above and all you greedy anons, missed the dip once again.

>>22907421

Yes, it's Eric Sprott's entire portfolio as of August. As you can see, he is only invested in two silver producers; once FR is added there will be three. All the other silver stocks are explorers. The larger his position in the stock, the "safer" it can be assumed to be. You will notice that his smallest position, Genesis Metals, only has $80,000 in it; whereas e. g. his position in e. g. Irving Resources is $21 million. Make sure to take note of his position sizes in constructing your own portfolio. A good way to start learning about junior miners is to simply go through Sprott's portfolio and look up the stocks on ceo.ca, as well as the at the company websites.

>>22907297
Hello again my friend. In the last thread I posed a question to PAN MAN and others re: good Australian junior miners? I specifically mentioned Pacifico Minerals, which appears to be sitting on 55m oz silver in Western Australia, if my reading comprehension of drill results is sound. Do you know of Pacifico, or any other Australian miners that should be explored, even if only for just expanding your jurisdictional risk mitigation?

>>22907503
Thanks again, this is very helpful. I noticed that he has not invested in Euro Sun Mining, which is something I picked up earlier since it was shilled here and there was a good case made for it. I also notice that it's not part of Sprotts portfoilio. Do you happen to have any thoughts on that? It's a gold mining stock but fits the junior space and when we are talking about PM bull market even though we discussed only silver at least I think that gold will be going higher as well. Obviously probably not as much as silver the GSR will most likely slowly aproach the mining ratio but nevertheless I think gold will surpass 2k usd easily the coming years and who knows how bad the situation gets with US and the dollar, really the sky's the limit for gold and silver.

>>22907488
>there are people on this board who didn't buy the dip during last week
Tick tock, time's running out.

>>22907567

The Sprott investment in ESM is from Sprott Capital Partners. $12 million in shares at $0.39 CAD a share.

https://ceo.ca/@nasdaq/euro-sun-mining-announces-c12-million-bought-deal

I'm the one who recommended ESM. I still like the stock, but I sold my position lately, because I'm starting to get a little tired, first, of anything to do with gold, since I believe so strongly in silver, secondly of permits and drills. My mindset is becoming more: "Where can I find silver companies with low market caps, non-predatory management teams, with proven ounces in the ground." I think that ESM _will_ get the permit eventually, but, to me, a silver stock with proven ounces = a sure thing, whereas a permit stock has a small amount of risk. So nowadays, I prefer the sure thing, since my mindset is that silver is a sure thing. ESM market cap is one third that of DV, and, if I had money to spend, I think I'd still rather put it in DV.

>>22907567

The Sprott investment in ESM is from Sprott Capital Partners. $12 million in shares at $0.39 CAD a share.

https://ceo.ca/@nasdaq/euro-sun-mining-announces-c12-million-bought-deal

I'm the one who recommended ESM. I still like the stock, but I sold my position lately, because I'm starting to get a little tired, first, of anything to do with gold, since I believe so strongly in silver, secondly of permits and drills. My mindset is becoming more: "Where can I find silver companies with low market caps, non-predatory management teams, with proven ounces in the ground." I think that ESM _will_ get the permit eventually, but, to me, a silver stock with proven ounces = a sure thing, whereas a permit stock has a small amount of risk. So nowadays, I prefer the sure thing, since my mindset is that silver is a sure thing. ESM market cap is two thirds that of DV, but, if I had additional money to spend, I think I'd still rather put it in DV.

>>22907535
By the way, this may have been answered in the previous PMG thread, but that one appears to have been deleted, so my apologies for asking a question a second time if the first one was already answered.

>>22907686
Ok so Sprott is in and with quite a nice sum actually. I agree that silver is probably the better play at this point. This is also a mistake that I made earlier this year I committed heavily on gold and gold stocks and only discovered silver and its potential later. However, I really still like ESM given that they are located in romania in EU and not for example Mexico. I believe that the permit is almost a sure deal at this point the only risk I really see is that if there are for whatever reason delays in the start of production and they will have to raise capital and dilute shareholders in the process. Also since the stock is currently at the same level it was months ago I think it's a good hold at this stage. Looking back, the best play would have been to sold the local top in ESM and transfer the funds to some silver juniors but it's really impossible to know what's gonna happen and what is the peak since so many of these juniors have so much growth potential given their small market caps.

>>22907119
This is so fucking wrong
Everything you need to double the marketcap is shareholders not selling until it doubled
Funds dont get invested into the company when a shareholder sells to someone else, only if the company emmits new shares

>>22907535

Hello; if you are who I think you are, thank you for your very kind comment in a previous thread. I don't actually know much about Australian silver miners. I have heard of an Australian stock called "Silver Mines Limited," with a 200 million market cap, but I don't know much about it. Regarding Pacifico, @Newton on ceo.ca is a respected geologist, real name Dr Peter N. Bell, and he posts:

"#Bullish #Silver story here from @touquoy. $PMY.AX

"2nd biggest silver resource 54.8 Million ozs of Australian located listed explorers currently - if you leave out s32 - with potential to further grow. More simply - on PMY's 75% silver resource ownership you currently pay Aud50c/EV silver oz - when silver price is ~A$25/oz. Pacifico Minerals should be on the silver watch list of every broker in Australia.""

Presumably @Newton is endorsing this comment. So immediately, Pacifico sounds very interesting.

>>22907169
>market cap is already 3 billion, so you need another 3 billion to come in to make it double, an enormous amount of currency.
Why do brainlets always say that
Please read what market cap is and how a stocks get priced

>>22907774
>>22907794
Ok yes you are technically correct. To be precise you don't need to find new investors for the market cap to rise. However you do need the investors to value the company at that higher value. For a 100 billion company to be valued at 200 billion the investors need to see the company 100 billion more valuable than it previously was.

>>22907775
Thank you. Yes, that was me. Pacifico is definitely intruiging. Australia is obviously in the same boat as Japan in terms of COVID shutdown, but 55m oz silver for 59m market cap is impossible to ignore. Especially with what you just posted about Silver one; my fear of Mexican mining equities is growing. My portfolio is heavy on companies with Mexican properties and I'm trying to look elsewhere, even now Africa and Europe, for silver miners.

>>22907831
Yes
Also small market cap means not so much buying is required to buy up every share that is sold cheap, thus its easier for a small marketcap company to rise in price when there is interest in it
Lets say of a 1billion $ marketcap company with 100 million outstanding shares only 10 million shares have an active sell order under 20$, then you would need less then 200 million $ from buyers to double the market cap

>>22907297
That's exactly why im afraid of putting too much on Klondike silver or strikepoint gold. No metals found yet, need the drill results.

I am looking into buying silver but i'm not sure. The cheapest i've seen is £22 for Britannia 1 oz coin, but the spot price is £18.56 currently, say you had a 1 oz Britannia coin and tried to sell it would you just get the spot price or would the retailers actually acknowledge its a minted coin and offer more, obviously it depends on the retailer but I mean just in general?

>>22907995
Generally speaking you get the spot or a little under when selling. However it is possible to get above spot when selling if there is a significant disparity between the spot price and physical price, as have been many times this year. So in summary be prepared to get the spot when selling but it is not unheard of under special circumstances to get above spot price for physical metal.

>>22907769
>>22907711

I like ESM as well; it's sometimes a source of regret to me that I'm still not in it. It looks extremely cheap right now, considering the Sprott PP was 0.39 CAD a share (ESM is 0.40 CAD right now). At an mcap of $60 million, 10 million gold ounces in the ground, ESM is a remarkable bargain. But I simply got rid of it along with Goldquest, Almaden, Northern Dynasty, Orca, and other permit stocks as a matter of principle. I think it is very likely that all of these will get approved and soar, but I like having the plan about known silver ounces and sticking to it rigidly and knowing that I _can't_ lose if I am right about silver. I know that strategy will not be favoured by everybody.

>>22907794

I'm not trying to be pedantic, simply make a simple point. "When you have a larger market cap, you need more money coming into the stock in order to make it move." "Come in" is rather loose language, but for "Come in" read "be added to" "the stock price" I wouldn't change a word of my post.

True Aryan Waifus

>>22907842

One really promising silver stock in Europe is Adriatic Metals in the Balkans. I don't own much of it myself, because mcap is already 400 million, but I like the CEO, and he is fully committed to building up the project and never selling out. They used to think the silver project was a lead mine, and they are now finding silver all over the place. Goes to show the efficacy of communism, and what would happen to the supply of silver if the mines were nationalized today.

>>22907981

I'm actually heavily in Klondike Silver for the very reasons which I gave in that post. I suppose "proven" isn't exactly the right word to use. "Obvious" might be better. I look for companies with "obvious" ounces in the ground. The history of Klondike means that I don't need drilling results to throw my money at it; common sense tells me that silver is there. The district produced 40 million ounces of silver in the past, and mining didn't stop because of depletion. A geological engineer who ran the Silvano mine said to Kitco, in 2018, that only 15% of the silver had actually been mined, by his estimate. Silvano produced 8 million of those ounces; so, if he's anywhere near right, and the same principle applies to all the 68 past-producing mines in the district, then, for an 11 million mcap, you get 250 million ounces of silver + a 100-ton-a-day permitted mill + an active mine permit in a safe jurisdiction. This at a time where DSV, for example, has a 550 million mcap (1) for 500 million ounces of silver. Of course Klondike will crash if silver crashes too, but, in a silver bull market, I'll bet on it any day. Irving, Impact, Dolly Varden, are the same kind of stock. Companies whose properties have long, venerable histories, and where common sense tells you, from the size and scope of the properties, that the quantity of ounces in the ground has to be enormous.

>>22908116
What Junior Silver miners are you into if i may ask?

>>22908159
But yukari poster, she's Japanese not aryan

>>22908223

This isn't comprehensive, but:

Impact Silver, Fireweed Zinc, Irving Resources, Bayhorse Silver, Klondike Silver, Vangold Mining, Viscount Mining, Silver One, Dolly Varden, Canada Silver Cobalt Works, Eloro Resources, Aztec Minerals, Tinka Resources, Silver Viper, Silver Spruce Resources.

>>22908217
I will look into them, thanks. What do you make of this whole Fedcoin / digital wallet news?

We've gotta be close to the end for the US Dollar, right?

>>22908268
Which ones in your opinion are the biggest moonshots and why?

>>22908223
Yukari's big sister is Aryan

>>22908277

So far as I can speculate, this is the plan behind FedCoin:

1) The bankers destroy the middle class with Q. E. By lowering yields, they create asset-bubbles and mal-investment; favouring large corporations, and those who are already rich, at the expense of everybody else.

2) Having destroyed the middle class, and caused mass unemployment, the bankers offer people the relief of U. B. I., in the form of FedCoin.

3) FedCoin allows the bankers to force people into accepting negative interest-rates. It is "free" money, so what do you care if it is going to expire after a certain amount of time. They will say, "Spend your FedCoins within a certain period of time, or they will disappear."

4) Negative interest-rates allow the bankers to stimulate the ponzi-scheme economy for longer, so as to keep it going, by forcing people into spending.

5) The consumer-price inflation caused by U. B. I. will further damage the real economy, and wipe out even more of the middle class. This will cause even more people to be forced into going on U. B. I., hence causing even more economic damage, ad infinitum, in a vicious circle, until as many people as possible are enslaved.

6) FedCoin allows the government to see exactly what you spend, and tell you exactly how to spend it. It gives them complete and utter control over your life. They will never allow you to buy gold and silver with FedCoin, so your purchasing power hangs completely on their will; both because they can inflate it away whenever they please, and because they can direct how you must spend it. It also means that political dissenters can have their spending cut off entirely.

>>22908327

All of them have their respective advantages. I'd say that, if you want four "solid" silver stocks in four different jurisdictions, get Impact (Mexico), Irving (Japan), Silver One (USA), and Dolly Varden (Canada). Klondike and Vangold have the smallest market caps, but that doesn't necessarily mean that they will go up the most. BHS is the most promising microcap stock I know.

>>22904040
It will be impossible once they get annexed by Turkey

>>22908437
This is horrifying. If this is the best that mankind can do after thousands of years of civilization, then that is one of the most depressing thoughts imaginable. It seems that right now is the time to be bold with your finances, unless you just want to watch your tech stocks and retirement account go down the toilet in an increasingly likely financial market meltdown, just to be "rescued" by this bizarre system of slavery.

>>22908599

People will either put up with it, and become slaves, or they will resist. I have no idea what they will actually do, but I hope they will resist. One reason why I want to make as much money as I can is in order to fund organizations and individuals who promote liberty. I want to be as strong as I possibly can in fighting back against this tyranny.

I'm looking to get some gold, should I get 1/4 britannias or sovereigns both are CGT and VAT free in the UK. brits are a higher purity but sovereigns have a higher numismatic value and look nicer. which should I go for?

Any good silver or gold mining ETFs?

>>22908437
>They will never allow you to buy gold and silver with FedCoin, so your purchasing power hangs completely on their will; both because they can inflate it away whenever they please, and because they can direct how you must spend it.

What's to stop you from hoarding barter and luxury items, like whiskey and fine wines, cigarettes, soap, perfume, salt, etc.?

>>22908804
Probably a limit on how much you could purchase on a certain item like China did.

>>22908159
>>22908419
>>22908429
How much have you spent on anime figures?

>>22908852
Not enough.

>>22908657
I think the line will be drawn at PM and firearm confiscation, but I have a hard time seeing either of those actually come to fruition, considering the inherent danger of going door-to-door demanding citizens turn over literally their only means of protecting themselves. You're right, though: only time will tell.

Good news guys, the Jews have failed to break the trendline. This only makes it stronger. Stock up while you can and lets TAKE DOWN THE COMEX!!!!!!

>>22908892
Like they do with everything else that they don't like they will tax ammo before they take the guns away

>>22908832
As long as an item is something other people want and valuable, it can be used as a barter item.

I do take your point, but in practice yeah I think it would be extremely difficult to prevent saving. Because almost anything can be used as a trade commodity, and even if you introduced limits on purchases of the most common ones, people could simply purchase a variety of desirable goods... and store them. If you decide I can only buy one bottle of whiskey or fine wine a month, I consider watches, fine bags and leather accessories, cigarettes, perfumes or a combination of any of these.

Even North Korea-tier communist countries find it hard to stop people from hustling and building up a surplus.

>>22908899
what is a dead cat bounce. That Meme lines gonna shatter before the election

>>22908429
Please use a trip so I filter you thx

Wooo and just like that silver will never be below 24 ever again, we moonin boys

>>22909040
Just filter his ID every thread retard

>>22908892
To me looking at it from a glance, this will kill drug dealing completely won't it? Something that the government will be frothing at the mouth and care far more about than people stacking legal guns and /pmgs/.

With cash in the system the cash can still be laundered or spent however with FedCoin it will be traceable right down to the individual customers, even if a mid level street dealer is busted they can pull up his transaction history for years and go down the line busting everyone he dealt with.

Either perhaps they will look the other way because it means they now can tax this huge illicit economy ( 100's of billions ) or maybe people will get creative eg. some poor sap will get abducted by cartels now and kept in a cage to use his FedWallet. The future sure is looking bright.

>>22907995
Coin shops gotta make money.

>>22907297
Why isn't First Majestic in your pic? Sprott even added $75M 2 weeks ago on AG

>>22909256

It's from August. >>22907503

"Yes, it's Eric Sprott's entire portfolio as of August. As you can see, he is only invested in two silver producers; once FR is added there will be three."

Can someone shill me defiance silver? It's on the big category of the sitfolio but can't see what differ from the other like aurcana or impact.

>>22909345
Oh so he had no positions at all in FM until very recently? Interesting..
Why did you said "FR" instead of FM btw? Just a typo or is it normal?

>>22908223
Japanese are Honorary Aryans

>>22906010
>900gpt silver and 5gpt gold

>>22908437
Fuck this gay earth

>>22903856
ok boys, my last silver buy for this month - bought 50oz of maples.

>>22909666
trips of an evil old hag

>>22907628
>>22907488
Price is gonna drop to $22/oz, checkem

>>22908657
Take a look around at all the people wearing masks next time you go out. Those are the people that will happily accept FedCoin.

>>22909886
Close but no cigar, anon.
Today, 24.50

gold possibly rebounding. Gonna wait a bit longer then ill buy. im a cheap cunt

Gold 10k

>>22909886
Sorry bud. We're. Going. Triple. Diggies.

>>22908419
very nice

I have a $5k pay check coming in about 3 weeks I need the kikes to keep the market suppressed until then, that would be great thanks based JPmorgan and friends.

>346oz silver
>2.24oz gold

>>22909401
Fr is the tsx symbol for first majestic (Canada)

>>22910074
>tfw 220 ag and 2.75 au
I ONLY HAD 3 BILLION YEARS

>>22910005
The 2.2 trillion package includes 1200 checks again. I'm using it to buy another ounce if it passes.

>>22906010
>>22906039

Please redpill us about your family's stolen mine, did it get swallowed by a park or something? Can't imagine anyone giving up such high grades without a fight

>>22906010
Hey bud, good to see you again.
I came across this story last week and thought of you. Different stuff, but still pulling magic out of the ground. There isn't gold anywhere near me.

Rare occasion today.

>stocks down
>Dollar index down
>PM up

Going to buy a ring for my girl, her parents own a drawer full of diamonds from their grandparents old jewelry store.
Anyone got any cool platinum rings?

>>22910223
True. There's a chance it might still go red though.

>>22910290
Inb4 in 17 minutes gold drops 2%, silver drops 8%, dxy up 0.5%, nasdaq up 1%

Missed the dip last week, but my LCS just had someone sell them some rounds today so I got a bunch of them after work.
They cost slightly less than if I bought a tube of Krugs at last week's bottom.

Thing is, the previous owner put all of them in capsules. Should I remove them or just leave them in?

>>22910332
You get used to it.

>>22910332
> Inb4 in 17 minutes gold drops 2%, silver drops 8%, dxy up 0.5%, nasdaq up 1%

Ahhhh....the Tuesday morning slam.

>>22910346
>Should I remove them
Meh, I don't see why you should unless you want to touch it. Which is understandable.

>>22910346
Just leave them in the capsules if they are in good condition and you have enough storage / space.

>>22910374
>>22910386
I'll leave them in then. The capsules are the kind that open easily so I'll just take them out when I want to touch them

>>22910205
Doesn't look like a high grade diamond, probably just a highly flawed industrial grade stone, still some collector value though.

And I'd bet that you actually do have gold nearby, in prior years scrapsperg mined out gravelbars inside storm sewers, sifting out piles of free old silver coin and gold jewelry with nothing but a screen and flashlight. It's easy as fuck to harvest free PMs in any town if you aren't a claustrophobic pussy, and it's highly productive and well worth the time if you know what type of spots are best to hunt. I take my scrapsperging seriously and always love collecting free or cheap precious metals, even the poorest poorfag has no excuse for not having anything because you can literally go pick it up for free! Why are people so goddamn stupid anons?

Disgustin

>2.24oz gold
Why you have so little gold? I hope you haven't fallen for the poor man's gold meme that the retards here like to perpetuate.

>>22910508
Wow, those are certainly violent corrections. I guess my question is: how do you know when to sell into strength?

>>22910621
What's a good minimum amount anon? Am at 6oz currently.

>>22910658
I would if you have at least 10oz you are doing well. Try to buy sovereigns if you can, they are much to resell than bars.

>>22910621
aiming for 1oz gold to very 100oz silver, end of year target is 500oz silver 5oz gold some miners and maybe some platinum, palladium and tiny amount of added bitcoin would be nice

>>22910495
Nobody would give a value, but the largest 16ct diamond that was found was worth around $175K. He might be looking around $80K best case scenario.
I'm in Kentucky - all we have is coal and meth.

Hey guys, is there anyone with knowledge about First Majestic's tax situation with the mexican govt?

From what I understand the mexican IRS is attempting to muscle 200 million dollars out of them? How likely is this to happen?

If it does/doesn't, will this affect the mines in Mexico? Could Mexican mining operations get shut down, for example?

>>22910707
What about gold eagles or buffalo's? Or the Queens Beasts series? The 1oz Greyhound seems pretty decent for the price.
>t. amerilard

>>22910745
It's going to international court I believe. So, you have until it gets resolved to scoop some up if you want.

>>22910808
roger that, so the general sentiment is that it will get resolved?
How about a "bad" scenario? How much liability could potentially fall on FM's lap from this?

Looks like I’ll be repositioning a little of my miners to remove some exposure to Mexico. Wonder what Sprott et al is thinking about this development.

>>22910983
Sorry, what is happening in Mexico that could be concerning to miners?

>>22910646
All you can do is sell with profit. You will not catch the top.

Totally artificial movement on miners today no paper trading shenanigans here

>>22910508
So if we follow same path this year:
Silver - $65 in Feb 2021
Gold - $4200 in Feb 2021

Interesting talk at ceo on the 120 million silver ounces at Pino in Silver Spruce:

@rarihokwats | "In June 2020, the Company engaged a Mexican legal counsel to engage in discussions with landowner representatives and as of this date, land access discussions continue." To be continued alas. 28 Sep 2020

@OrangeGossan | Crazy! A fantastic drill ready project, and SSE cannot capitalize it. :-( | 28 Sep 2020

@rarihokwats | Yep. And I would like to know why discussions are needed. Do the landowners want more of a stake or what? | 28 Sep 2020

@oldbanker | Might well be the case, but in the end, I remember the old deal said that he would invest 250k of his own money to drill Pino for 5%, so IMO this negotiation might be over soon and we are good to go. Don't forget: SSE owns the minerals, but the surface is the landowner's playground. And it is his right to wait for permission as long as they are negotiating. | about 3 hours ago

@rarihokwats | Some investor at Pershing got fed up yesterday with the wait. Probably one that bought in few months ago, expecting to see drilling shortly. | about 3 hours ago

@oldbanker | I see. Bad for him ;) | about 2 hours ago

Question for Panman or other mining inclined people. My father, out of the blue, just informed me last night that he's gifting us a lot of land in Colorado. Also informed us that the lot he and his lady friend live on will be left to us, so that's 14 acres plus whatever size of lot we get to CHOOSE. My question is, if mineral rights are included, is there any known silver activity out here? I BELIEVE it's out by Pueblo, but I could be wrong. I'll attach a pic for reference. Land is backed on one side by a mountain and another by a national forest.

>>22905528
>No edging on sides to stop coin shavings
>MFW no Jews left to coin clip

Any gold/silver miners we should be looking at buying? Got some money to put in. Already hold a decent stack of gold and silver but have no idea which miners I should be looking at.

>>22911292
More feet dragging here. I’ve been watching this one closely. Oldbanker must know something that no one else does, seeing as how he is still so bullish despite little info.

>>22911372
lots of discussion of miners here. Even if you get good replies, there's much info in past threads so check the archives too.

I'm voting for Trump.

>>22911401

@oldbanker | It takes some time for me to tell you the whole story. I'll come back to it in a few days. It takes some time to explain the whole situation and developments. Just let me say. There are a lot of things going on, which take some time. This will go up with the metals, but the real massive double-multi-bagging will have to do with their PINO de Plata property, which is surrounded by COEUR-properties valued several hundred millions (have been bought 2014) - I have so much knowledge and want to tell you as much as I can, but it will take its time.

First off, I give you a hint: take 5 minutes to read about their main property: You will "shit bricks" once you get into it. Mexicans are participating now on a huge discounted pre-drilling-deal.

http://www.silverspruceresources.com/s/Pino-de-Plata.asp | 12 Aug 2019

-

@Excelsior | Thanks. Yes, I spent a bit more time reading through the last few years press releases and see that Pino de Plata is the main flagship, and that they just sold the Kay mine to Croesus Gold for cash payments, and recently picked up the Cocula Advanced Gold Project as well. (that's what I was thinking of). The release in April was impressive sampling results:

Pino de Plata Sampling Yields 1,278 g/T AgEq; Highest Silver Assay to Date for Silver Spruce

http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=849396&_Type=News&_Title=Pino-de-Plata-Sampling-Yields-1278-gT-AgEq-Highest-Silver-Assay-to-Date-for |12 Aug 2019

(1/2)

touched 24$, lets see how it re tests

>>22911597

@oldbanker | bingo! About the pini-samples: that is it. I personally think the property could be valued several hundreds of millions of dollars, if the drill grades are good. That is the reason SSE got the mexican investment-offer (5% of future earnings vs a direct mexican cash injection of 250k to expand the program) the day before drilling. Now they are in the process of closing the deal and after that, the drill program will start. So we have a financing that is coming towards an end (any day now) and a huge upcoming opportunity at pino de Plata - If the results are good, I see a great chance of neighbouring Coeur to buy up the property - even if sold at only 50 millions, this would make SSE a ten-bagger, leaving it with lots of cash to go on with their other (advanced) project. This gem is more or less unknown to the most investors, but both were at multi-dollar levels in 2011, as they both provide a huge leverage to silver and gold. Once the special Mexican deal closes (they are only waiting for paperwork stuff) the drills will start. | 13 Aug 2019

(2/2)

>>22906584
Yeah I dont really give much credence to people who just mindless trash/pump stonks on ceo

Mux is a flipping bargain right now... although so is FM. I already have a really good MUX position, although i was dumb and bought the neared to 2$ then I should have in hindsight.

MUX is up 7% right now too, I think people will realize how under valued it is pretty soon, all they have to do is finish re opening production to start raking in cash at this point, and most of the reasons they have been so down is due to acts of God type things (had a fire, flood, and covid)

>>22911626
How would you guys rate this one? I'm still not completely sold on silver one, strikepoint gold and Canada silver cobalt so might swap one of them with a stronger one.

@riodefiofficial allows for Rio Dapp Runtime Module because It gives more permission to the dApp developers, and it’s especially helpful if the Dapp developers want to build a system-level function(s).

>>22911857
Highly speculative and risky IMHO.

delivery day, first set of asahi rounds. i hope everyone bought the dip frens

>>22911973
looks comfy fren

>>22911857

It's a pure gamble, could be the investment of the century, or could go nowhere. "oldbanker" was telling people to get into East Asia Minerals and other obscure microcaps at the bottom, so he knows what he's talking about. >>22911853 doesn't understand that one of the most valuable things about ceo is that you can investigate somebody's post history to find out how credible they are. This person is not a pumper.

>>22911973
very comfy anon, probably 100oz and .5 gold over the dip

>>22903929
>>22904526
>>22904559
>>22904912

Thanks bros, I'm still optimistic on them, I guess many investors had much higher hopes for the results than medium grade silver, stock is down today. Not really getting the drop, the silver g/t is pretty close to high grade

>>22907169
That isnt how it works... its a common enough misconception that many people believing it leads to confirmation bias, but its not how it works.

>>22907460
Mods didnt like the OP's picture is my guess

>>22912114
what was it?

>>22909886
>non digit anon replies to anon with digits.

Sad

Many such cases

totally normal market movements btw

>>22908419
Man that statue is really nice... I cant imagine how nice its going to be once the patina starts.

>>22912189
Pretty sure that's going to be an heirloom. I'd put it under a trust and put it in a museum if your bastard heirs try selling it.

>>22912162
This is insane. Is there even an inkling of news or media attention that could possibly result in this sell off at this very moment?

>>22912162
algo sell of due to breaking 24.

>>22908969
>stop people from hustling and building up a surplus.


Ahh communism, trying, and failing, to stop human progress for over a hundred years. All in the name of progress too.

The second they limit alcohol/cigarette/weed purchases the system will end because all the degenerates will openly riot, plus they would have to accommodate the huge amount of other drug users into it or they will go batshit insane. They will also have to offer bonuses, and no limits to "more equal animals" like police, fire, medical, political ect or they will also tear it down, but doing so will also encourage normies to tear it all down.

Shits fucked breh.


Oh look, pms going up, nice green day so far.

>>22906584
>>22907009
>>22907169
STOP CALLING IT FR YOU STUPID FAGGOT
IT MAKES NO SENSE AND CONFUSES EVERYONE

>>22909040
You have zero taste

>>22910332
I think we are into the 10 am pumps now, big boys got to stack up what they wanted.

>>22912320
how much is your stack + your anime figures?

>>22904500
is it an open pit or a underground mine?

>>22912048

Peter Spina tweeted about Aztec when the results came out, Pan Man here said they didn't look bad, and yet there's a massive sell-off. Suppose my instincts to be afraid of the hype-mongers were correct. Perhaps a lot of the run up in the share price was created by people with high expectations.

>>22910790
A handful of 20 francs would also due, right?

>>22910745
Them being in court at all is more damaging then paying out the full amount as it means many investors cannot invest due to some having rules about investing in companies with legal issues.

Even worst case scenario its not a huge deal if they pay the full fine, and once its resolved either way it will be good.

Likely will not be worst case scenario.

I am getting cucked so fucking hard by broker(IB). I am australian trying to buy canadian silver miners and they are making me jump through 1000 hoops before i can even invest my money. Ag will be $500/oz by the time i get it sorted. Its crazy how actual little freedom you have to invest your money in this country.

>>22912427
Got it, thank you for that. After considering the fundamentals I'm short 10 puts @ 8. If I get assigned great, I'll roll out some theta strategies as the price recovers. And if not assigned, oh well. Premium for me lol

>>22912542
What's the point to cherry pick random time frames like that?

>>22911995
>>22912042
wish i coulda got more than just 10oz but im saving for a house, 10oz of silver away from 100oz of silver and 1oz of gold, that will be comfy

>>22912032
This is exactly what I am talking about though, I do check histories on these people, and when its just rude bashing most times they are just full of themselves/shit.

>>22912580
Did you buy at the top?
Idk. Just liked the trend and wanted to share. Maybe it'll give a little bearing for those glued to the daily up and downs

>>22912535
To add to this - with premium included, my average buy-in would come down to $7.29, provided I get assigned.

>>22912141
Silver coin on top of some book that mentioned those who shall not be named

I for one love the completely natural and logical trading patterns of precious metals. Fucking comex

>>22912162
might be algos? lot of spikes in red volume for futures

>>22912653
ohhhh, the grabblers

>>22905470
trim your fucking gross nail

hi pmg, what happens if this new conservative united states supreme court rules that fiat currency is unconstitutional? can they cause a crisis?

>>22912636

"oldbanker" isn't a basher. Never seen him insult somebody, simply enthusiatically promote his obscure microcaps, which, as I say, have done well. >>22912032 On the couple of occasions I can find where he does attack another stock, he's right to do so.

>>22912781
it is unconstitutional

>>22905662
>>22905651
:/
Will you share some of your Oreos with me anon they look delicious...

>>22912879
are you blind? it specifically refers to states. IE; no state shall print worthless currency. there is no such restriction on the federal government, or any private entity. this is simply, as stated in the constitution, a restriction on the individual states. and with good reason, can you imagine having 50 competing dollars lmao?

>>22912799
not talking about oldbanker, i dont even seen comments from him on mux

@NabtaPlayaEgypt + @Fartball are the only ones i see bashing MUX recently.

Almost all the issues I have seen with MUX have been calamities halting production (fire flood covid)

While I doubt they are going to pump right away, right now they are only about 1.4$ CAD which is a very cheap entry point.

>>22912647
Yeah, I bought at below 1k, then the top at 1,1k, then a few at the top of 1,6k and a little bit of at 1,8k and now i bought like 400oz of silver during the juicy 20% dip in the last few days.

But thanks for pointing out a month trend

>>22912962
No state is allowed to accept federal reserve notes as legal tender

>>22912962
the states and her people give the government its power, never-mind the founding father that fought the banks his whole life. we should be in charge of our own metals backed currency.

>>22912969
Never hurts to look backwards. Pretty envious of sub $1,000 gold prices.

>>22912967

Oh, sorry, I'm embarrassed to say that I just realized you were replying to an earlier post of mine. It's because I was engaged in the discussion about SSE, and somebody said "How would you rate this one" directly below your post, so I grouped the posts together in my mind. Nabta is an example of somebody with little credibility; just goes about bashing every stock he can find. Yes, MUX is excellent value for money.

I live in Toronto and I just realized there are alot of miners listed here in this city. Do you think they have offices here I could go and check out?

>>22913078
and now adjust the ATH back at 2010-2012 to the current M2 supply and to the inflation over the years, long way to go up.

>>22912962
to me it seems to be saying that you can't use fiat currency in any of the 50 states. (though maybe you can in US territories and district columbia, idk)

>>22905340
>>22905470
can you tell just by looking, or do you need to do analysis to know?

>>22905866
probably the best fit?

>>22912962
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; **make any Thing but gold and silver Coin a Tender in Payment of Debts**

>>22908437
This is why you should be investing all your neetbux and coronabux into getting a bug out bag, a gun and knowledge on how to survive. When the real fed coin comes out and they cut you off, it's time to bug out and go on the run.

>>22912962
Also we previously had thousands of dollars at different values (bank notes) without any issue. The banks that facilitated out of town banknote exchanges charged less than 2% for the service when you actually had to travel to a random bank.

>Dow go down
>Silver go up
Decouple plz...?

>>22913369
gold >1900 EoD. Looking good.

dubs $26.50

>>22913432
i forgot to put in eow but it doesn't matter

2000 is the decade long top of gold cucks get over it

>>22913369
>Miners
I don't get it. I give up.

>>22913458
You are like baby, watch this.
Silver $26.50 EOW.

Is the dip over, frens?

It seems like moar stimulus money is coming.

>>22913081
No worries mate,

So SSE, you figure they can hold out and not tank? im always a bit leary of stocks under 20cents, but they do have potential to make the most or lose the most.

>>22913552
more money brrrrrrrrrrrrr is guaranteed, we have not even accounted for the previous brrrrrrrrrr.

What’s going on in Argentina at the moment? I have a small position in Silver Sands.

Are there any legit ron paul silver rounds for sale? I know that I can buy copper ones for like 5 bucks but I prefer silver

Do you guys wait for the inevitable market crash to buy miner dips ? I'm buying in bulk everytime my wageslave money comes, not trying to time the market since i'm too much of a retard.

>>22913820
I average in with wagie bux. I keep some for a dip, not if it doesn't happen, I just buy. Fcx looks good today

>>22911342
if you have the land info you can look it up using this website, it will tell you if there are any mineral / placer claims or patented mineral titles on the area. https://thediggings.com/

>>22913666

As far as I'm concerned, SSE has hit the bottom at 0.060 CAD. It's like Tinka at 0.18 CAD, don't see how it can possibly sink any farther. 0.060 CAD is only 50% up since Feb., and their other assets alone would demand more appreciation in the share price than that. The chief danger in SSE to my mind is opportunity cost. We either get Pino news, and it absolutely soars, or it simply doesn't perform as well as other stocks might. "oldbanker" is so enthusiastic about it that I can't help but want to take a position. Somebody with a competent record in micro-caps, who raves about a stock for over a year, never loses an ounce of enthusiasm, doesn't sell a single share even when he triples his money (as he did when it leaped to 0.13 CAD recently), buys and buys and buys, sells other stocks simply in order to accumulate more--there has to be something to that.

>>22913758
16-20 dollar silver?? I wanna believe so fucking hard, let's goo

KXPLF Bayhorse - 10,000
DOLLF Dolly Varden - 1,200
AG First Majestic - 100
ISVLF Impact Silver - 1,500
IRVRF Irving Resources - 10

r8 my positions, got some low orders in for Irving. After my initial investment I'll pour moar in slowly with paychecks (and stacking physical). I am fine with risk on this trading account.

>>22913248
I can usually tell right off from the way the rock looks and the minerals showing if its worth anything, but i actually had some of this stuff assayed because it was laying around near an old mill site.

>>22912048
>>22912408
The ore they drilled isnt bad but your right its not the insane high grade near surface pay day the speculators were hoping for. Still though its fairly early in their drilling program, more ore will probably show up.

>>22911597
This is Qtard tier stock tips. Instead of just saying something outright, cloaking it in quiz questions and hints. Reeks of boomer that wants to sound important

>>22913906
>paper silver
I am not saying the price won't dip a bit if paper hits those numbers but physical will not be sold at those prices again, all that will do is raise premiums which will not go down when silver goes back up so I suggest you quit begging for it because it will only hurt prices more

>>22914018
>1 post by this id

>>22914018

Argue with this then. >>22912032 EAS is actually up 15% even today and climbing. Wish I had listened to oldbanker and got in, but the stock wasn't available on my broker.

>>22913889
interesting, so basically very strong, may not moon right away. Ill have to do some more DD but so far it looks good

Ill probably find some cash for it next time i get some to spare.

TY anon

>>22913928
based small caps.
Can't rate since I mostly follow panman and silver-anon but they looks good since they are the one that get recommended most of the time here. Huge position on Bayhorse thought, you should add more on the other. My portfolio :

>Defiance Silver - Mexico (core)
>Impact Silver - Mexico (core)
>Vangold - Mexico (core)
>Aurcana Silver - USA (core)
>Silver One - USA (core)
>Dolly Varden - Canada (core)
>Canada silver cobalt - Canada
>Strikepoint Gold - Canada
>Tinka Resources - Peru
>Klondike - Canada

Still not completely decided about Strikepoint, Cana silver and Tinka, will do more research.

>>22910152
passed out but we had a set of 14 claims and two crown granted mineral claims on Harvey Mountain. It was pretty good ground, easy access with good grades for silver and gold hosted in quartz at surface with existing adits to work with. In the early 1990s though with that decades gold mining boom locals in the Bulkley valley decided that they didnt want evil mining to destroy their Babine mountains natural beauty so petitioned the government to turn it into part territory. The government did so but not before issuing concessions to the claim owners. They paid us a LOT of money to just let it go. It wouldnt have been worth fighting in court than, but dam do I wish it was still in our name now.

>>22905316
You're the most knowledgeable and helpful namefag I've ever seen on the chans. You make me wish I was into panning and mining, but I'm just a simple stacker, getting my metal from the local shart mart. I love your pictures though.

>>22913761
The government has made it so all mining and exploration companies operating in the country have to pay their debts within their countries banking system and not outside on the rest of the open market. Its a massive blow to their resource sector and has already doomed 2 billion in exploration work this year in the country.

>>22914196
>metal from the local shart mart.
Wait, what? Walmart has gold and silver?

>>22914200
Worth exiting all Argentina miners completely? I mimicked Sprott’s comparatively small investment in Silver Sands Resources. Their property looks like it has some promise and it gave me an additional country to spread out my jurisdictional risk. Looks like my plan may have backfired a little.

>buy goldminers they said

I'm so much down on First Majestic Silver and GDXJ it's not funny. I bought the literal top ages ago and I haven't had any money to buy more.

>>22914233
best they have is stupid priced sterling in super small amounts in necklaces and such

>>22914288
I might hold off selling for a little while and see if the government there comes to its senses, but if they dont than a lot of projects there wont be able to get financing done properly and will likely fail. Its a huge slap in the face to a lot of projects that were on good standing with the Argentine government.

>>22914350

If you bought the top of FR you're down 30%, if you bought the top of GDXJ you're down 13%. That's normal. In the '09 to '11 bull market, not merely the GDXJ but the GDX regularly plunged 20% on its way to the top, and FR plunged 30%. (See picture.)

>>22914418
Sounds about right. 34% for FMS and 8% for GDXJ. I bought the EUR versions of them so probably the USD plummeting has made me lose more as well. The EUR version because it's cheaper for me and it's literally the same stock traded on Xetra markets.

>>22914153
thx, I'm gonna keep spreading out, just adding one at a time, following pan man and other thread suggestions. I'm fine with going all in small cap gambles, the bulk of my net worth is in index funds and a duplex, but I believe in silver and want to be strapped in for the inevitable moon mission.

>>22914469

I'm not in FR simply because I prefer to buy small-caps, but somebody on ceo just made an ultra-bullish case for it which might encourage you. He thinks it's going 15x when we get to $50 silver.

"What effect has $50 $silver price on the $FR stock price?

Future $silver price (end 2021): $50
AISC: $15
Net profit per $silver ounce: $35
Yearly production: 30 million $silver eq ounces
Future NET INCOME: about $1B
Estimated P/E ratio: 40
Future market cap: $40B
Future $FR stock price: $200 (MC / shrs)"

>>22911973
Anyone else notice shipping delays and delivery times are basically back to normal? No fomo buying anymore...

>>22914042
Not sure what dealers and what premiums you are looking at, but celtic for example perfectly correlated with the spot price in the current dip.

>>22912468
Yeah I'm using interactive brokers too, wish I never made an account. Make sure you turn on penny stocks in the settings and then you have to click the ... on the banner on top and go to forex. I typed in CAD on the trade search and a "tools option opens up on the bottom to exchange currencies. Huge headache. I loaded up on a little Klondike silver but I'm definitely going to make a new brokerage account in the meantime with someone else

>>22914603
Everyone is waiting on positive news for the vaccine and the outcome of the US elections.

>>22914603
Well, it makes sense. They did hire more people to keep up with demand.

>>22914541
Yeah I bought it for a long hold to diversify more into PM scene but in papers since I got some physical silver already. I'll keep holding and wish this comes true.

>>22914740
papers are a scam

>>22914624
Everywhere I have seen "correlate" with spot price and have a $8-10 mapleopoloy premium on top. So $16 usd an oz spot price is $29.50-$31.50 cad an oz not including something that has numismatic value. Where exactly are you finding silver for spot?

>>22914541
>$200 per share
I want to believe

>>22914541
Now imagine this with $300-$600 silver.

>>22914940
I would be able to use the shares to buy a home without liquidating any part of my stack.
I would be free.

Hay interesting news for the Bunker Hill poster!

Bunker hill Mining Provides Exploration Update and Announces Maiden Resource
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2120-cse/bnkr/84842-bunker-hill-provides-exploration-update-and-announces-maiden-resource.html?utm_source=newsletter_931&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y

Now this is epic

>first majestic going to $200
lmao you people are worse then the xrp schizos

>>22915002
>lower highs despite gold steadily climbing
It's all a meme until earnings I guess.

>>22914541
best part is those numbers do not take into account their new mills or the swap from diesel to nat gas.

The new mill's will increase silver reclaimed per ton significantly.

>>22915060
We are going for the infamous quadruple top today

baking

new bread
>>>22915162

Here comes the total n00b with 0% of net worth in PMs.
I was enough of a retard to think about joining only now while of course gold is at ATH.
I'm afraid of buying the top.

Drawing the memelines it seems if shit goes right for the economy, I'll have to wait at least 2028 to have my fiat back.

Do you suggest I buy a small physical stack (5% net worth), DCA or kys?
How did you all start?

>>22915231
>How did you all start?

Eased into the market. I guess if I wanted to sound smart I’d say I dollar-cost-averaged in but in reality I just did multiple purchases over the course of a few months.

If you’ve been tracking PMs you’ll have an idea of where the metals have been crabbing recently and start to get a feel for the dips...think silver being slammed down last week.

Anyways if I was just starting I’d figure out how much I wanted to invest, make sure I could hold (I see PMs as a savings position vs a trading position...not saying I would NOT trade PMs, but goal is to hold them for the long-term) and then decide how much time I wanted to allot to build my position.

For example if I wanted to $10k I might target $1k per week. If PMs were close to highs I might throttle my weekly goal back to $750, if it fell to a low perhaps I pick up $1.5k...you get the idea.