/biz/ - Business & Finance

Thank you baker!
https://www.mining.com/rio-tinto-first-quantum-minerals-partner-to-move-la-granja-copper-project-in-peru-to-development/

OILBROS WE ARE BACK (to being a $80 stablecoin)

>>54441060
Natural gas bros I don’t feel so good

>>54441524
$2 is bretty gud for april. Unless youre a BOIL baggie lol

Word in the patch is shut ins happening now

>>54441569
The fuck does that mean?

>>54441697
he doesn't know
ngmi

guys I wanted to top up my oil stocks all week but never got in. Now I will be unavailable for all of market hours Monday so I'm worried my limit buys won't go off. Should I market buy? Or just wait until Tuesday to set a new limit if it misses?

>>54441833
what does "top up" mean? i wouldn't do a big buy on monday, but sounds like you're talking about a small amount, so market is fine.

>>54441918
thanks, "top up" means I'm at a loss because I've been holding for ages (same with nat gas) so I wanted to buy more to decrease my ave buy in price

>>54441569
Food is still going strong.

lol i i knew i should have bought oil
well, i will today

>>54441997
Depend the size of your portfolio and the % allocation in these oil stocks.

Usually, it's not a good idea to average down just because you're down. However, if your have a big enough portfolio (lets say above 30-50k) and your allocation is low, its not bad to raise your holding.

If it were me, I would buy Gold and Silver miner right now instead, nothing will beat them. You're just trying to grab a few penny in front of a steamroll by going after oil stock in my eyes.

https://www.youtube.com/watch?v=mMV5jskHgho

Also, never market order.

>Coworker traded natgas a few weeks ago and got $900 profit from $2,000
>Now he wants to do a $3,000 trade (based on seasonality and RSI oversold)
Will report in next week

lol

https://www.bloomberg.com/graphics/2023-svb-exposed-risks-banks/

>>54442106
Thanks for the tips

I am such an idiot. I failed to buy oil during the dip and now it will never ever fall back under 80. Fugg this cartel. Btw, how do they even decide on the price? Do they conduct dialogs with anyone? How is this even legal?
Yeah I know I am naïve but it still seems weird that oil can be manipulated on such a scale and no-one can do a thing about it

>>54442522
When u have guns you can do all sort of wacjy stuff bud

We're all gonna wagmi
https://ceo.ca/@newsfile/lion-one-commences-high-grade-gold-mining-at-tuvatu

Brose, what is this pattern called?

>>54445284

Oh, noes, PMET brose!

>>54442165
Kek please do. I'm not saying I disagree with him or his reasoning, but with natty you may as well just toss a coin or put it on black at roulette.

>>54445284

Teck up 15% after they rejected Glencore's acquisition offer.

https://www.cbc.ca/news/canada/british-columbia/gitxaala-ehattesaht-first-nations-bc-mineral-rights-claims-court-1.6797691

This could get interesting in court.

>>54441524
Why do they keep drilling new rigs?
AHAHAHAGGAGAAHHHHH

>>54449691
the gas must flow!

WAGMI

>>54413763
Welcome aboard fren!

>>54450225
Thanks, wish I had bought more, but oh well

>>54441446

Will MN ever allow PolyMet to mine? Hold for 5 years hope for executive action if there’s a copper/nickel/cobalt shortage I guess…

Is PNCKF the same Galleon you guys are buying?

>>54450397
what are those fingers doing

>>54450961
never mind I cant buy because fidelity and webull are being faggots about it

>>54450961
that's the one, I bought it under that symbol on Fidelity

>>54451308
Im using brokeragelink though so maybe its my job saying I cannot buy it because its basically a penny stock,

wagmi jr miner bros

>poo laggardoon keeps falling when everything else is pumping
Do I just keep pouring in money if this isn't going up with everything else in the sector?

>>54451509
Im running into the same problem. I can park my money in cash, or select from a list of highly jewish funds, literally blackrock and vanguard

Both Blue Lagoon and Bayhorse were introduced to the threads by the same guy.

>>54451922
Blue Lagoon's still pretty good, not a lot of new s coming out though unfortunately. Aprils here so that means spring breakup, once the thaws started you cant do much but wait.

I would love to see some new drill results in though.

>>54452030
Their last drill results came out in February, no bonanza grade.

>>54452583
yep and its honestly disheartening. Dome is a good property but they havent found what the old timers were hitting.

>>54452616
These results were mostly extending the Boulder vein below the current resource, so no surprises there.
They'd need to raise soon for this year's program, so price is in the shitter.

>>54452851
I would be thrilled to see them explore to the west a bit away from the Boulder Vein, maybe towards the Jame or Hawk showing. I dont recall if they have checked Hoop's Mine yet either. Ptarmigan would be another interesting spot to check, its on trend with the Boulder Vein. Several workings also showed up below the main modern workings on Federal Creek, but I cant recall if they were actual adits or just test holes and trenches.

>>54452851
About 4km to the north of the main mine are the Tina showings and workings. Thats another old gold strike from a century ago. The minfile for Tina is here https://minfile.gov.bc.ca/Summary.aspx?minfilno=093L%20%20286 but i am not sure if its entirely correct, I recall the large quartz carbonate veins mentioned in this link, but they hosted pyrite / tetrahedrite as well as minor galena. The territory just west of Tina has a LOT of scattered quartz float.

>>54452030
Scottie seems stationary too. Should I buy more or is there some reason the overall market doesn't seem to want to buy in that I have overlooked?

>>54453015
both projects are known about now I think, its the typical lull in activity before winter really ends and summer starts.

>>54452914
I think they wanted to expand the Boulder vein to get their ounces up.
Otherwise if I remember correctly, they have a lot of narrow veins. Maybe you should send your tips to Rana.

>>54453110
they probably already know all this info, I know they have most of the old field data. Your right too, their focused on getting more ore to make the boulder vein better for investors.

>>54449691
Natgas is a less valuable byproduct of oil drilling. Expect prices to get worse the higher oil gets

>>54450397
damn, the handshake that ended the u.s. empire

>>54453594
Wasn't aware those two were at Appomattox

>>54453350
Surely in the coming years the new LNG terminals will offset the increased production from the rising GORs as they try to keep oil production high?

>>54454361
i dont know if were going to have enough terminals and LNG plants to offset growing demand. India is buying as much LNG as it can, Germany wants it too, but we just dont have a lot of capacity right now.

Niggers
Been up for three days doing blow and shooting guns

OR keeps running up huh. No sign of stopping the rerate I see

Bump
>>54456596
Nice

>>54451036
Flicking off the robe it appeared.

COAL is looking sexy again. My WHC bags are getting lighter now

>>54459517
>might go into losses for holding USD
>in fucking Kenya
lmfao

BONANZA

https://newfoundgold.ca/news/new-found-intercepts-35-6-g-t-au-over-10-65m-13-1-g-t-au-over-13-9m-6-9-g-t-au-over-20-4m-12-6-g-t-au-over-7-6m-10-5-g-t-au-over-6-65m-at-iceberg/

>>54459221
Halleluja my Thungela shares are looking fantastic, thank goodness coal seems to have truly bottomed judging from the price movement.

Triangle broken, Gold already green since I took this

>>54460498
oh lawd it's goin up

Oh, noes, PMET broes!

>>54460498
>no smash
Prepare your anus bankster !

>4500 cash
>2100 shares Discovery Silver
>500 shares NFG
What else??

>>54460623
What are you looking for? Royalty companies? Developers? Explorers? Miners? Gold, silver, copper, PGMs, iron ore, coal, uranium? Oil & gas? Dividends/buybacks, growth?

>>54460753
Leverage to base + precious metals really. Don’t mind royalties producers or developers, but not something that’ll take years to add value - like if they’re waiting on a permit or some stupid shit. There’s not many smaller gold producers and the ones there are already had their share price run up <\3 coal/ iron might be interesting but I’ve already got BHP for those sweet sweet divvies

>>54460819
>>54460753
If you know any small cap gold or silver producers that would be badass

>>54460830
Check the archvies and/or lurk moar

>>54460849
I did checj the archive and it’s just some fags recommending gold mountain mining at the top and telling me to buy horse shares

>>54460871
>buy horse shares
Intriguing. Tell me more about these "horse shares"

>>54460819
kootenay

>>54460819
>>54460830
>Royalty
All of the big royalty companies benefit directly through higher gold prices, so do check those out (FNV, WPM, OR, RGLD, SAND, TFPM). Smaller ones idk much about, could be good but really depends on the quality of their assets, management and balance sheet and much more speculative. Big royalty companies are buy & hold for the long term, expect lots of revenue & dividend growth in a high commodity price environment over many years.
>Producers
Agnico Eagle, Barrick, B2Gold, Endeavour Mining, Newmont, Newcrest are the first quality producers that come to mind. Low costs, high quality assets, strong margins and all that.
>Small cap producers
Orezone gold, Victoria Gold, Minera Alamos, Jaguar Gold, Gold Mountain, Silver X, Santacruz Silver, Guanajuato, Pan African Resources, Gatos Silver, Argonaut Gold, Calibre Mining, i-80 Gold, Gogold Resources, Karora Resources. That's about all of the sub-$1B market cap producers I know of. I'll let you pick your poison from the bunch. Some of them are quite risky from an operational point of view, but many are also valued quite low.
>Developers
The best that I know are: Skeena, Artemis, Marathon, G Mining. Skeena will need some permits but it'll be worth the wait. The other three are all fully permitted, fully financed and in construction.
>Iron ore, coal
BHP will do extremely well

is the happening finally here?

Holy moly check out that NGEX news release!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2716-tsx-venture/ngex/139022-ngex-minerals-reports-new-discovery-at-potro-cliffs-drills-60m-at-7-52-cueq-including-10m-at-18-00-cueq.html

>>54460498
Triangle absolutely fucking anhillated more like, damn.

>take a 2 wekel break from checking anything finance related
>oil and PMs mooning
Fuark now I feel like panic buying

>take a 2 wekel break from checking anything finance related
>oil and PMs mooning
Fuark now I feel like panic buying

Daily reminder 25$ is his magic number

>>54461761
literally who

PM are mooning and mid-cap "safer bet" first majestic still shits the bed, unreal

what a disaster

>>54461761
It's mooning boys

>>54461761
magic number for what

>>54461912
>>54461991

>>54461991
https://www.youtube.com/watch?v=mMV5jskHgho

At 28min.

>>54460830
Galleon, blue lagoon, irving, vanstar, carlin

>>54461922
First Majestic was never a safe bet.

>>54462220
learn to read

https://twitter.com/Tradingchannels/status/1643254898538995712

Memeline master has a 28-30 target

My boy pussy is ready

>>54460753
SANDstorm gold is so cheap. Best royalty pick out there right now and it's criminally cheap at the moment.

Why has uranium been such a piss poor investment this super cycle?

>>54462385
So is bayhorse silver

>>54462399
Because you came late, as usual.

Anyone else here debtmax to buy gold/silver mining stocks?

I'm going to be so rich. I'm already up $5k

>>54462407
Should I just sell everything

>>54462296
Gary's is also 28-30, with a slim chance of hitting 50 if we can reach 30 fast enough, but that's "a long shot, but a possibility"

Feeling preddy comfy lads

>>54462420
>Playing miners with leverage
Ask me how I know you're a newfag that just got in in the past few hours

Imagine a Goldbug becoming a bitcoinfag and not understanding why. Now you know why.

>>54462464
nah I've been here for 3 years.
I heavily diversified though so I won't get fucked in the ass

>>54462477
look at this bitchboy face, all for some pussy

>>54462420
I would like to see a bit of a market crash before taking on any leverage. Might happen or might not. I would pretty happily buy majors and royalty companies on leverage.

>>54462525
>I would like to see a bit of a market crash before taking on any leverage.
that was in november, you're missing out

kek

>>54462591
Have a blast mate

>>54462622
He can only be fully redeemed if bitcoin crashes 90%

Salt buffoons report in. How are you guys feeling as we approach another 52 week low? Looking to add now/ on further dips? Looking to rope? Personally I took a gambling position but I really don't have supreme confidence in the economics of road salt and am curious how the sentiment here is.

>>54456596
Have you been productive tho? Dont be a degenerate and at least get some shit done

>>54445672
I fucking love that mark is back on twitter.

>>54462676
Looking to add more if it dumps further.

>>54462676
I don't even want to look at the price. I am financially salty.

>>54463131
Pink ID too. Fuck me.

>>54463139
PIMP'd

>>54462676

My sentiment hasn't changed at all because there's no reason for it.
Still waiting for my target of $0.8 or hopefully even $0.6 and I'll double or triple my bag depending on how much money I have available.
For now this shit just tracks the CRB index with a few month lag rather than going on any fundamentals, so it might fly after PMs have dragged the index up first and with any luck it'll get sold then. Not that I'm in a hurry.
Triple Point is going to land into the government subsidized hydrogen sector and it being sold is practically a certainty and that's going to give these guys tens of millions.
Combine that with their existing 10 mil private placement and they might end up in a situation where the MC is on par with their cash reserves and that's a pretty good place to climb from.
Only single thing that sucks about this is that the timing was fucked. I was expecting a quick sale and money rotation to PMs, but that didn't pan out in a timely manner.
Now there's no telling whether it'll make a mint this year or fours years from now, but there's no question about the fundamentals.
I'll just buy more as it dips.

>>54463172
My salt is still salty.
My PF is half and half SALT/VUL & Lion One, I feel like I will make it with these

28-30 target

>>54463712
>= 25 by EoD? Seems stuck

>>54463948

Poo laggardoon bros...

>>54463991
I meant that as the actual greater than symbol, not a meme arrow.
it's been stuck at $24.98 for hours but it looks like it could close at 25

>>54463655
Anon, sea is filled with so much salt. Why own salt? Buy the rare stuff like gold and silver.

>>54464161
Anon asteroids full of gold and silver are just floating around out there so it's not really rare at all. Also gold has been found at surface level in Africa so that's going to impact the price negatively once they get a few shovels shipped in.
Bitcoin is limited because you can only create so many 1s and 0s. It's finite and is digital gold
Buy Bitcoin anon

Morning anons!
Two bits of contradictory news out for BC!

https://www.princegeorgecitizen.com/local-news/new-data-to-promote-mineral-exploration-in-prince-george-region-6806906?%3Futm_source=twitter&utm_medium=organic&utm_campaign=snd
New datas been released for the general public looking at copper around Prince George / Central Interior.

https://thenarwhal.ca/mining-claims-bc-supreme-court/
BC natives are going to the provincial supreme court to strip out the Mineral Titles system, as it ignores their rights.... bunch of bullshit. Also sorry for the crappy Narwhal link, the groups hyper left but the other article on the matter doesnt work anymore.

>>54464501
They just want more handouts yes?

Unironically what do you think the average peak is going to be from here? 2x? 5x? 10x? More?

>>54464626
no, in this case the native bands in question want to have all mineral rights tied back to them on their land, or a total demolition of the mineral titles system so that no one can stake mineral rights without their say so. Its going to get very interesting, because as a claim holder you have to contact any parties involved in the land you staked, be they private land holders or natives. The issue here is that the crown / government isnt communicating with the bands or land owners, giving them no notification a claim has been staked. Most of the bands I ve had to work with dont want to have a claim to deal with, but are happy that I ve gotten in touch with them that I want to do work on their territory. Usually they just want maps or a general idea of what I am doing, rarely they send a guy out to visit while i am working to see whats going on.

If the bands get their way, the mineral titles system is gone, no one gets to stake mineral titles in BC again, and our whole mineral ownership system implodes. If that happens, heads will roll. It would basically put BCs mining sector and its exploration sector out of business. The bands can fuck right off.

>>54462497
You mean the guy on the left?

>>54464631
Average peak of what? And what time frame?

Is this a blow off top??

>>54462721
Testing load data is the key to consistent and reliable ammo loading. Helps to keep training and target practicing. If you can't hit 13/13 in the pocket with a head full of mushrooms after a 60 hour coke binge then yngmi anon
The way you practice is the way you're gonna play

It’s over isn’t it.

Anyone here has a level 2 account on ceo ? Want to know where order are on PNTR, nobody is selling at current share price

Lion One popping off now

>>54464365
I see what you mean, salt is more important than bottled water, there is a market for it.

>>54465763
That's why I exclusively by bottled salt water

>>54466004
Buy*
Stupid autocorrect

>>54466026
Cute monnke.

>>54464865
Performance, 5 years is what a PM bullmarket tends to last.

>>54462346
can't wait until we see that monster galleon position up 100%

>>54462346
Other that bagpony, which of these positions were shilled by the silverjew?

>>54462183
Dude 3/4 of those are SHIT

>>54466227
Well, Barron's Gold Mining Index is still halfway to its previous highs.
http://www.goldchartsrus.com/chartstemp/free/fchart-BGMI.php

Absolute bloody beast mode.

This one’s going into the history books.

>>54462183
The first 3 aren't producers

>>54466879
>>54459735
New Found Gold just keeps hitting bigger and better material, its going to be one of Canada's greatest mines in a few years!

So does this mean we are back BayHorse Bros?

>>54466879
i am never selling my NFGC NEVER

What do you guys think of First Majestic?

Would it be reasonable to only have NFG as my only gold exposure?

>>54467657
NFG and Snowline are my 2 biggest gold positions

>bayhorse up 50% in one day
HOLY SHIT HORSE CHADS WE ARE BUYING JAPAN

>>54467819
Whast your 3rd biggeste? also snowline is fuking gay bro

>>54467855
when silver blows past $30 everything with "silver" in the name will fly

>>54467657
Won't NFG pullback soon? It's been going straight up for months

>>54468027
are you fucking talking back to me boy?

>>54468027
Ask the tattoo head nigger

>>54466306
>can't wait until we see that monster galleon position up 100%

Same anon, it will be amazing

>>54466535
>Other that bagpony, which of these positions were shilled by the silverjew?

Galleon was. I was holding Nicola also one if silver jews plays but I yolo’d it into Galleon.

>>54468723
What was attractive about any of them, in retrospect, to warrant such large positions? I'm just curious.

Big API draw. Will there be a 10m "adjustment factor" in the EIA numbers tomorrow?

>>54469590
Galleon is next to Pan-American and I am hoping they get bought out. Also eric sprott owns 21 million shares and it is planning in becoming a producer in several years.

The horse because it has a resource and the memes give it legs when silver pumps.

Basically anon these are gambling chips and I am at the casino.

https://www.mining.com/gold-price-races-to-year-high-after-us-data-disappointment/

Gold going higher and higher!

Laggardoon niggers, what is Rana waiting on....

Reading about the price dynamics between oil, corn, ethanol, food, and gasoline. Interesting stuff

>>54470516
I exited my ratio trade the other day. The ratio continues to decline - silver is outpacing gold.

>>54471053
got a link?

>>54469751
Kek, why am I in Cascada and Surge, were they touted here? Who fucking knows, the casino doesn't care.

>>54471321
Just their respective articles on wiki and agri in the US.
Basically fuel has 10-15 eth blend by law due to the EPA. This drives corn prices up by about 25% for ethanol, which can affect other things that need corn. 85% is a distant target that needs corrosion resistant engines, but this implies less reliance on big oil and further decoupling

>>54471477
>implies

>>54468027
Of course it will pull back eventually. Your first signal should be all the 1pbtid moonboys and everyone saying it's got another million % to go. Remember SALT?

The difference for NFG is that Gold is going to 2200 so it could have a lot higher to go, but Gold will pull back after that and take every miner back down with it before the next leg up.

>>54469751
Galleon is doing exactly the strategy Quenton Hennigh likes and talked about on a recent Crescat vid. You start producing gold from the easiest part of your property as soon as you can. Once you have cash flow, you no longer have to do dilutive financings and have money to drill other areas. This is Galleon's strategy with the zone 9 test mining coming up. With Galleon's veteran CEO, who has built a mine before, and $2k gold the odds to succeed seem to be pretty good.

>>54468023
Sleeping on it, I am actually considering putting money in. It did in fact go up 50% in day, and you are right people will be pumping all the stocks at some point. Is it really farfetched for it to pump to .12 and be a 4x from here? Fuck, I am actually tempted right now.

kek

>>54473499
>checked
We are going to make it Galleon Chad

>>54473573
lel, and now I noticed one of you from here is making threads and posting in smg about the horse again.

>>54474395

We pony posting?

PM bros...you smell that? we took so much shit for years.

>>54474585

>>54462663
so just another 30%
https://www.coingecko.com/en/watchlists/all-time-high-crypto

>>54474517

When I say Bay you say horse.
BAY

>>54474544
We always pony post

>>54475140
>>54475102
>>54474822
>>54474585
>>54474544
>>54474517

NGEX broes... we are going to make it

>>54474585
I want to take shit for some more years anon. I want a couple 1000ozt bars.

>>54475849
Tough shit nigger, some of us have already been waiting for years. There's always someone wanting it to fail so they can have more time. You had just as long as the rest of us. Buckle in and enjoy the ride.

>>54475849
You had 5000 years

>>54476621
>>54476129
I'm there 70% for 1000ozt bar.

BUY BAYHORSE

KXPLF

>>54475397
been gone a long time baybros, ive got 35k shares waiting in the wings. back to cryo chamber now.. wake me when its time.

>>54477318
See you on the other side baybro

>>54463131
when you're salty, slurp

Oh, noes, PMET broes.
Hurry along and sign up for Rick Drule's boot camp now.

>>54477631
I'm unironically thinking about joining that.

https://uk.investing.com/analysis/silver-creates-largest-bullish-quarterly-candlestick-in-decades-breakout-next-200568521

Good day for Scottie and Silver One

https://www.streetwisereports.com/article/2023/04/03/silver-junior-drills-12-holes-in-arizona-gold-silver-project-awaits-assay-results.html
Nanocap silver explorer drill results sent for assay

>>54475849
you had 4.3 billion years anon.

I should've gone with colonial coal over salt.

>>54479154
they have $18M cash and no debt and a shitload of salt. they just need a ceo that can sell it

leak?

Oh fuck I’m gonna buy some UCO. Is it stupid to buy calls on UCO?

I'm going all-in on PAAS calls

>>54479680
What strike and exp?

>>54479680
Ahhh silver already went up tho

https://www.mining.com/hochschild-mining-walks-away-from-canadian-gold-project/

This was a bit of a shock to see, I guess Hochschild didnt want to deal with Snip, they spent the minimum amount of money to keep the project but backed out.

>>54441060
Gimme a QRD on this OPEC business. Did they REALLY cut production or did they just lower their quota again that they weren't even hitting in the first place and the Biden admin latched onto it to freak out because they are actually fucking retarded

Gold is now a $2020 stable coin, could be worse I guess.

Butcher table complete just in time to slaughter some pigs

>>54482946
i am not going to complain, give it another few weeks at we will be at 2500. That would be great!

>>54483215
Would be nice to see a new ATH, that would probably spark some more interest in gold.

>>54472322
Do you really think everyone will be allowed free travel, 20 years from now?

>>54483980
Compared to what?
>Loicense
>Registration
>Passport
We aren't allowed free travel now.

>>54474025
So the NFT replaces COMEX futures contracts? Interesting use case.

am i just a defeatest. why are you guys celebrating

Why is no one posting :(

>>54485185
I've barely accumulated shit

>>54485266
It’s okay anon. I only have 9k to invest and I start working in July so I haven’t either :(

>>54485185
busy fixing pumps and building intake pipes sorry. With gold and silver sticking up fairly high its looking very good for explorers and miners alike!

>>54485185
Tweaking my system. Waiting for UUUU contracts to expire to keep wheeling it. Buying more at 5.00
Accumulating sand and copper

>>54485185
waiting for 2080 to break

Metals gongo up tomorrow

>>54486026
i hope so. i leveraged my tits yhp0js

Why were we red today, anyways?
Also I hope the mint ratio goes down some more, this implies long silver

https://www.latestly.com/agency-news/business-news-roboforex-increases-partner-commission-for-gold-silver-oil-and-us-indices-5039346.html

Franco-Nevada up over 3% in aftermarket. The best always move first. It's getting very close to the $160/share mark where it has previously seen resistance. If it breaks, the gold miner bullrun is as good as confirmed.

Bump for Easter rally

>>54488433
Bump for Easter massacre.

>>54489072
Brunswickbros...

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/361-tsx-venture/ipt/139253-impact-silver-announces-c-7-0-million-non-brokered-private-placement-financing.html

Wow, biiig discount, warrants even lower than last traded price. The Dane was right again.

>>54489097
>Brunswickbros...
>>54489072
I told that cocky brunswick fag to sell a little last month after GV pumped it way to high, it was so obvious

>>54489238
ITS OVER

>>54489097
>Brunswickbros...
>>54489072
I told that cocky brunswick fag to sell a little last month after GV pumped it way too high, it was so obvious

>>54489238
$7 million is big time cash for Fred to grow the new acquisition that has exceptional exploration potential. This will pay off in the long run.

Fertilizers hit today. Looks like the only news is JPM lowering their guidance; "if the war in Ukraine comes to an end, if China government policy changes lead to increased phosphate exports, if Belarus increases potash exports through Russia and if grain yields in the United States improve". Am I the only one laughing?

>>54489496
I don't know why you have so much faith in them, their track record is not good.

>>54489496
Yeah I’m fucking pissed. Fred is gonna dilute this shit to the ground, I don’t stick around long once management shows their true colors

>>54489830
Also quite telling of their confidence in being cash flow positive, even with silver price relatively strong lately. They had C$15.5M in cash and short term investments at the end of 2022 and their business is tiny. They know they will most likely keep losing money so they raise preemptively even though it's at a hefty discount because the stock is overvalued.

>>54489238
I tried to tell the impactfags that their company sucks donkey dick but they wouldn't listen

>>54489600
Potash is in oversupply right now at least

I just wanna be rich /cmmg/ bros

Wow miners are in the green now

Silver is pumping bros. Hold me close. My PAAS calls are PUMPING

>>54489431
Still holding and not worried, faggot.

Last time I told your stupid ass to get back to me in a year. Has it been a year yet?

>>54450397

>>54491355
Anon, if your stonks don't yield six gorrillon percent returns everyday then it's a shitco or a p&d scam. Have you consider dogecoin?

>>54486000
Holy trips, its.. going to happen then. You fucking nigger, why would you do this to us?

>>54489238
>The Dane was right again.
Reminder that oil is now 80 and didnt even touch 60

>>54491474
Anon. This is urgent.
Unsheathe your crystal ball.
Tell us... how much lower natural gas (Ticker: NATURALGAS) will go.
Do this... for your fellow threadmen.

>>54491431
Retard calls me a cocky fag, meanwhile he's pretending like I ever claimed it would never experience a pullback.

This time next year, Brunswick will be higher than both the $0.84 cents it is today and the $1 it was last month.

>yield six gorrillon percent returns everyday

This is legitimately what these morons think.

Baggie, are you okay?
So, Baggie, are you okay? Are you okay, Baggie?
Baggie, are you okay?
So, Baggie, are you okay? Are you okay, Baggie?
Baggie, are you okay?
So, Baggie, are you okay? Are you okay, Baggie?
Baggie, are you okay?
So, Baggie, are you okay? Are you okay, Baggie?

>>54491592
Slow march to zero unfortunately. I'm going to rip my hair out soon. How is this happening?

>>54491717
Now do blue lagoon!

>>54491811
Checked, its not a shitcoin like natgas.

>>54491547
zoom out

>>54491977
checked

>>54491672
Just busting your chops fren, but they haven't hit anything yet so pullbacks were likely. I can see this dropping 50% if they drill dusters in their 1st release or going 5x in 1 day if they hit big, good luck.

>>54491895
How many weeks until those nanocap miners moon baka chan? More importantly, how far are you down since summer of 2020 on those nonshitcoins?

>>54491977
It hasn't touched 60 since you made that prediction

when is uranium coming back, bros.. how can people still be fellating green energy at a time like this

>>54492701
I think it was in the 90s when I made it, so it has been trending down nicely since then. I said it would average $60 (in 2022 $ (adj for inflation)) for the rest of the decade. So far so good. Just wait until the recession really kicks in.

>>54489238
What exactly was it about impact that people felated for so long though? Also 7 million is a lot, could this end up paying off?

>>54492851
something something junior silver producer something no debt something muh exploration potential etc

>>54492977
Yea, people need to focus more on the facts than narrative. Look at what the mkt cap is compared to ounces produced (P/S ratio), this shows how much leverage you get. Look at their net profit (or loss). Look at the size of their resource and mine life. Exploration potential is also important, but every company is going to say they have good exploration potential, if Impact really had such great targets they would drill them out and show a 5 or 10 year reserve. In reality they probably have 6 months reserve and have to just mine what they find pretty much and go back after less attractive stopes they left in the past. This is what their production profile is showing, they mined the best ore first and have been going for worse and worse ore over the years. Graph is in koz silver produced.
On all these accounts, Impact Silver is a fail. Honestly if silver investors had been more tough and perhaps realistic, this company would have gone bankrupt by now, because they aren't making any money and haven't shown a path to profitability.

>>54491717
Zoom out

>>54493319
> In reality they probably have 6 months reserve and have to just mine what they find pretty much and go back after less attractive stopes they left in the past.
last I checked they didn't have reserves period. And only some parts of their assets had even Inferred resources. They're literally just following the orebody and praying they can keep on doing that, because they cannot bear the weight of the necessary capital expenditures to actually delineate the resources and reserves. Judging from your pic related it looks like their luck is running out.

>>54493398
I'm a boil baggie desu, will I ever make monies?

>>54493552
It’s gambling, so only if this post has numbers

>>54493574
Cows were supposed to be good luck!

>>54493482
They don't have any official reserves, but I'm guessing they do have some stope inventory. Seems inefficient to mine completely blind. They do have a lot of cash (compared to the size of their tiny business), so they could easily afford to drill out many years of reserve if they had good targets, but clearly they don't. They even have additional mill capacity, so obviously if they could drill out a larger reserve they would have done it by now. They may very well just stop mining at some point this year because they are running at a large negative margin and investors will be like wtfff.

>>54492749
urineyum ain't comin back til it shits the bed completing its nearly 2yr long descending triangle thing pattern
Yes uranium can be the future, but right now we have demand destruction impending.

>>54493676
The market barely cared only down 9% (.024) for a $7M raise which will be forgotten in a few days and will bounce right back as silver rises. Don't you also hate Snowline too and think the Yukon is uninvestable crying muh helicopters?

>>54493319
From what I got, they have very good ground but are led by an ambition-less ESG boomer.
I remember a report, where the CEO was bragging that they found a high grade outcrop next to the road, and immediately mined it down. I.e. they didn't perform any systemic exploration or modelling and they also couldn't get costs down, despite being way above industry average.

>>54493986
There was a low volume pump in the last hours, but the VWAP is -15%.

>>54493986
It's down 11% on TSX, wouldn't exactly call that barely caring. It's up less than the silver price since the bottom. I'm guessing it will continue to underperform, like I've said for a while.
I've been bullish Snowline since the major discovery. I've only said that I don't know how much it's going to cost to build it with the road needed and all. But the discovery is world class and mkt cap isn't even that high. I would go with Snowline over NFG because it's much harder to say how much they have exactly and their mkt cap is much higher. But I can't even invest because it's listed on the CSE, which I don't have access to, instead of the TSX where 95%+ of mining stocks are. I don't want to invest on OTC.
>>54494086
Maybe the company is just terribly run, but I doubt that's the only reason. They are losing a lot of money and it just gets worse and worse. They actually do some exploration, but they just aren't getting good results.
I mean the CEO would have to be literally retarded if they are just mining shitty ore only because he stubbornly don't want to drill out these juicy veins for some reason. More likely explanation is that targets aren't that great so they are worried that they may just burn through all their cash not really finding anything and may then be out of a job.

Trade all your inpact for galleon

>>54494216
Impactsilversisters...

>>54494360
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1741-tsx-venture/apn/139281-altiplano-announces-proposed-private-placement-5.html

Altiplano next up. Full warrant at lower than last traded price, damn. Small raise but still not a good sign that they couldn't get a better deal than that.

>>54494620
it's almost as if tiny producers that can't turn a profit end up having to resort to dilution. Who knew?

>>54494699
That much is obvious. What I'm pointing out are the terrible terms of the raises. I don't remember companies giving out warrants below last traded price, that's pretty crazy.

>>54494734
I had no intention of throwing shade at you, but rather on the microcap junior believers.
>What I'm pointing out are the terrible terms of the raises. I don't remember companies giving out warrants below last traded price, that's pretty crazy.
It seems to come with the territory when liquidity is more tight. Rick Rule has I think correctly pointed out that if a liquidity crisis is coming, the small low quality juniors will have it rough. Higher quality developers will have relatively good access to capital because there will be a flight to quality in an environment like that. Much of that capital will come from institutions or high net worth individuals who are looking for private placements on favorable terms (for them). And much of the capital will come from cashed-up royalty companies. Banks will not be very enthusiastic about issuing credit, so some high CAPEX projects might face difficulties when nearing construction.

>>54494805
But gold is at 2000 and silver at 25, that is another reason why these terrible raises are surprising to me. Imagine what they would have looked like at 1800 gold and 20 silver.
But yeah I wouldn't be investing in any of these micro mines that just lose money even at these prices, unless they get REAL cheap.
I like looking at the micro caps because those have the highest potential and a lot of investors aren't looking at those due to low liquidity. But it's a minefield out there. Just because a company is $10M doesn't mean it can't be very overvalued. There are also a lot of small retail investors that will only pick these tiny companies looking for the big hit but not really knowing what they're doing, pushing up the price for no reason.

>>54494866
That's a good point, and if precious metals prices stay elevated or go up the juniors will obviously begin running. The worst of them that don't even have gold or silver will make insane gains when that kind of run happens, because they are the worst of the worst. Right now when money is tight and costs are rising everywhere and precious metals are doing very well, if a gold/silver mining company isn't able to make a profit they simply get the stinky eye from the market. There are many companies producing ample amounts of FCF at these prices.

The price action in miners recently is also an indication that the market isn't fully trusting this precious metals rally. It's interesting to see what will happen. I'm long for now but I have a significant amount of cash on the side because I would not be surprised to see gold fall -20% if the whole economy takes a massive shit.

>he fell for the junior mining meme
I learned from my mistakes so I just buy GDXJ

>>54494975
>I would not be surprised to see gold fall -20% if the whole economy takes a massive shit.
You would expect that to happen temporarily. S&P is still sky high, I continue to expect to see 3000.
>>54495020
I don't think I will ever buy an ETF because there will always be companies in there that I just don't want to own.

>>54491717
Oh,noes, natty broes!

>>54495091
Yes, I meant temporarily. Gold got smacked along with everything else back during the GFC for a good nine months before actually decoupling and beginning a big bullrun. Of course history doesn't always repeat or anything but I can see it happening. The market tends to inflict maximum pain in tough times.

Odds that Petrobras gets nationalized?

>>54495091
>there will always be companies in there that I just don't want to own
better than 99% of juniors

>>54495240
probably more likely it gets bigger tax or royalty burdens, and politics meddles in their business in other ways like price controls. But I don't know that much about the company to be honest.

I put a whole bunch of paper trades on ceo.ca and they didnt work out, but I didnt actually trade them. I should make a new account so I don't look like a LOSER

>>54495630
>Admits this at the end of the thread so nobody can remember his identity
Devilish!

>>54495881

>>54492453
I lost 50% on natgas, slightly down on uraniums. Other than that, all green. I'm in gold and silver mostly. Not in the reds for now.

>>54495881
Easter edition is live

>>54496198