/biz/ - Business & Finance

Evening all!
New thread as last one was archived, Scottie Gold is finally getting results back from this seasons summer drill program.
Cant wait to see what else they find!
https://scottieresources.com/news/2023/scottie-resources-drills-56.4-g-t-gold-over-3.7-metres-at-blueberry/

Loads of news out of the Golden Triangle this past week to, lots to look at.

Filo Mining out with news on their Filo del Sol project.
https://twitter.com/Filo_Corp/status/1699242057427189888

>>56044292
Anons…
Found the next 100 bagger

>>56046218
that's not dubs

saramabros.... are we doubling down or is it truly over?

>>56044308
>Scottie Gold
someday I will visit BC after we make it

>CMMG is so slow thread dies
Bullish. I can feel it, this is the bottom for our shitty stocks.

>>56047107
in 1 week we've gone from silver touching $25 and looking ready to breakout to a $2 smash

>>56046310
You are right. Its trips

This is the bottom

>>56048483
maybe, would they smash silver 8 straight days?
>1 day candles

ISVLF chads

How has holding this stock impacted your financial futures

>>56049478
That old maderchod Pat doesn't make any money. Dumped it long ago for a loss when I realized that.

>>56049478
>>56049582
it will run to $1+ if we ever see $29-$30 silver again in out lifetimes

>>56049620
*our

>>56047107
>>CMMG is so slow thread dies
We're as fast as ever, its just that the Dane honorrabrury sepukkud himself after the oil pump and now we don't have as many bumps

>>56049721
I haven't been here for months, what did Dane do? Was he shorting oil? I recall him being very bearish on energy and bullish on some microcap gold stocks which haven't done that well it seems

>>56050096
he didnt want to touch oil because of the recession meme
I imagine he shorted it

>>56050096
I'm just memeing, I just noticed he's been afk for a while and it timed with the oil pump. I don't think he was ever shorting it, at least not openly, but he was bearish and it timed well enough to joke about. I hope he hasn't sudokud though, especially after Sarama lost their permit.

https://www.streetinsider.com/Newsfile/Triple+Point+Congratulates+Newfoundland+and+Labradors+Successful+WindHydrogen+Developers/22132030.html

Here's some TPR news for all salty boyos.
Government is now done with their green energy company selection process.

>Fischell's Dome the only proven salt dome on the east coast of North America able to store large volumes of hydrogen
Kek, they're basically saying that Vortex is a dogshit company.
> World Energy GH2 is considering Fischell's Dome as an energy storage technology that will provide a compressed air energy storage and back-up power supply solution
>Triple Point is now advancing the engineering of its first salt caverns to evaluate the timing and alignment with the aggressive schedules of proponents.
>The main objectives are to better define operational requirements for the Fischell's Salt Dome project ensuring its requirements meet or exceed end user needs as well as environmental and safety standards.

So the players have been chosen and now we just wait for TPR to get some data and to negotiate with these people.
It's encouraging that they mention " alignment with the aggressive schedules of proponents." They really need to get their asses moving if they want this hydrogen stuff to be up and running by 2025.
I bet they'll have the TPR situation figured out within the next 6 months.
Now it'll remain to be seen if it's straight up sold or will it trade.
While it would be nice for salt to get few hundred million payout instantly, I hope it trades instead. This has potential to grow really damn big, especially since it's government money they'll be sucking up along with a potential hydrogen mania in the markets.

>>56052574
Vrtx has the premiers dad on board though so that's far more important.

Bought a cheap mountain bike today to have something until the f250 gets back from tranny shop. An hour later it had a flat and I ran over my phone with it
Pushed it uphill three miles with a camelback full of nitrous. No water

>>56053243
>it had a flat and I ran over my phone with it
why?

>>56053003
explain.

Lithium tards are like the cryptobros of the commodity world, I can't wait for the lithium bubble

>>56053254
Fell out of my pocket

>>56053762
did that make you so mad you had to run over it with your bike?

>>56054025
Didnt notice. Its survived unfortunately

>>56047322
I told you that would happen!
The signal is that all the big on-line dealers have big sales on bullion at the same time.
When you see that, buy shorts, make money

>>56053596
Who do you think will get the environment green light from NL gov, TPR or dad's salt dome?

>>56054124
Nice.

>>56052574
The parallels to gayhorse are astounding
>constant shilling
>they will start mining in 2 weeks
>meme technology praised as something huge
>pepe images

>>56055523
Don't forget the massive pump where everyone is totally hodling and 17x buyout imminent followed by a sharp drop and a steady crab downwards despite all the "good" news that keeps coming out, and the occasional green candles that bring all the ceo.ca shills out of the woodwork.

Any news on the new CEO yet? Does he have some sort of notable headwear perhaps?

>>56055532
My favourite ID so far

>>56055523
Scorch is on a completely different level than Gayhorse but I can tell from your comment that you obviously haven't done your research. Gayhorse is a meme while Scorch offers real utility with new and revolutionary meme technology that is game changing. Scorch will be a top 10 coin, the meme coin to rule them all and bring order to the crypto world. Here's your link friend, feel free to share it with your friends

>>56055695
Bot post?

>>56055523
Oh no... I lost 50k on gayhorse don't tell me I'll lose 50k on SALT/vul now
You bloddy basterds tricked me again fuck mader

>>56052574
Excellent update anon. Salt is a comfy hold when weighing everything and including TPR. Some people have zero patience. I could care less about the FUD on ceo.ca or here. If it goes below US$0.80 I'll add.

>>56057041
In all seriousness, the risks with SALT are funding which I get the sense the new CEO will figure out, and government environment + zerodot indian approvals. I think we'll do fine as long as the NL gov doesn't shoot itself in the foot again which may be likely.

>>56053726
Is that you, screenshot tranny? Thanks for the money on that BRW short. I'll put it to good use.

>>56049165
took a little work, but they managed to get silver into the red today with DXY down to give us 8 straight trading days red for Ag, impressive

>>56057356
Look at that head and shoulders, we're going to $20 aren't we

>>56057511
>>56058214
Oop you'd the wrong you

Oil at 87. Is it still a buy or have i arrived late to the party and should just stick with stocks in oil companies?

>>56058741
oil will probably average around $80 for the rest of the year so I'm holding off on oil and oil stocks right now. I want to see a pullback in oil before adding to my oil stock holdings. Don't hold your breath for $100+ oil, that's where demand destruction sets in and fucks everything up

>>56059349
that´s what i was guessing, i missed out again. on the bright side not even the arabs are retarded enough to collapse the economy, specially if they are trying to buy assest everywhere

>>56059399
you're just a bit late but quality o&g companies should do very well with oil staying consistently above $70. Just avoid glorified call option stocks with shit management decay that are barely breaking even at $80 and focus on the ones with low costs and great per share performance. They'll reward shareholders well over time. I'm looking for a pullback on CNQ and ARX personally.

>>56059431
thanks dude

Does orange juice belong in this thread? Im checking in to it, but apparently this year's crops were bad.

>>56060590
why not, it's a commodity. Most people me included don't buy futures though. I don't know much about orange juice but I have been looking at wheat futures and fertilizer prices out of interest. It seems wheat and potash may have bottomed, or are at least close to bottoming. So I've been thinking about taking a position in Nutrien for that potash and nitrate cash flow, or possibly some kind of agri company but I don't really know that sector all too well.

>>56060667
i was checking it out, but i use etoro and in order to place and order below 1000 dollars they want me to use leverage, and since the market is closed ive been running some math

if i buy 100 dollars worth of orange juice at 330,75 with 10 times leverage, it´s 3.02 units.

meaning if the price goes to 400 i get about 3.02 × $400 = $1,208

i just want to check with someone because i was lazing around with maths so i asked chatgpt. i think it tried to feed me such a severe load of bullshit my IQ dropped.

nevermind it, i always disliked leverages so i wouldn't touch it with a 6 feet-pole, so only just now i realized why

that shit would be the same if i just bought 1000$ (valued at 330 its 3.02 units), in other words with 100 dollars i would need 1000 dollars anyway to cover investment. im just borrowing from my broker.

is there any broker that allows me to trade commodities without leverages?~

btw, if you invest in AI, pic related.

>>56061324
I don't see why you couldn't buy a single continuous futures contract outright as long as you have the funds to buy one. $100 would be insufficient since the price of a contract for OJ is $330 so you'd have to use leverage if you don't have >$330. I don't know much about futures but I would assume if your broker offers futures you'd be able to buy contracts outright without leverage too.

that said I don't think it's necessarily the smartest idea to buy OJ at literal all time highs. Commodities don't tend to like keeping ATHs for long like stocks do

Metalla down 13% today, announced acquiring Nova Gold. I bought the dip.

>>56061447
i would rather just pump 1000$ than using leverages, etoro doesnt have futures on orange juice, didnt even trade it 1 year ago when i started taking notice.

i am basing my assumption that it would go to 400 this year based on this report. think it can go even higher next year before you start getting reports on 2024´s potential crops results


https://apps.fas.usda.gov/psdonline/circulars/citrus.pdf

>>56061475
well I use Interactive Brokers and they offer futures, although I have never bought any. There are others too like Schwab but if you're a yuro like me then IBKR is probably the best broker you'll have access to. Sorry I can't help you much with this, I don't do futures simple as
>>56061472
I was surprised there for a moment anon, Novagold is a totally different company than Nova Royalty which I have never heard about (and also substantially larger than Metalla Royalty). What makes you so intent on buying this dip? Any specific assets or details of the deal that made you think the market was in the wrong?

>>56061508
well, guess its time to get another broker next time i make a deposit.

>>56061508
I bought because we are at a 52 week low on a 13% down day. The case for gold royalties is that we can go up from here, 50% upside versus 25% downside in 2024.

>>56045192
Hi PAN MAN. I know coal isn't your specialty, but could you look into Foresight Energy? Is it a stable company?

>>56061765
It was delisted from the NYSE in 2019 from what I understand and is under the management of ACNR, another coal company.

>>56055721

>>56057078
I'll go back into salt in 6 months to a year. There's nothing in this market worth getting excited about. It's all rigged and dog shit. I even sold out of trillion.

>>56061472
Metalla royalty?

>>56062296
Yes

I just realized. Over the last few years my country began extracting lithium and i just happen to live nearby to one of the places were they found and are exploring said reserves. How do i profit from this knowledge?

Is it worth buying that SBSW dip?

>>56063111
you buy uranium and uranium developers via URNM and then in five years laugh at everyone who invested in lithium this year

>>56060667
fertilizer is not something to try to profit off if you "don't know that sector all too well." but one place that is energy-adjacent, that you can and should expand your energy/oil/gas knowledge with, is green/blue ammonia and also urea production. this is just upstream of fertilizers and there is active disruption in it due to carbon capture/sequestration (CCUS) projects. these are energy storage and transport technologies in disguise and fairly easy to understand unlike farming and its exposure to insane laws, and of course, weather

>>56063111
there are plenty of lithium miners out there, something like Albemarle should probably do pretty well in the long run. Lithium prices might still be elevated though
>>56063222
I didn't say I don't know the fertilizer market anon, I said I don't know the agri company market. I don't know the players in the crop market but I know enough about fertilizers and their producers. The fertilizer space is pretty much made up of two companies in the Canada & US: Mosaic and Nutrien. You have smaller ones like Intrepid Potash but those don't matter, it's the big boys you should be out to get. There's also Norway's Yara. And for the record, I'm not going to invest in anything I don't understand, that's just basic investing. Nobody should invest in something they don't understand at least a little.
>green/blue ammonia
If you read my post properly you'd know that Nutrien is not only a producer of potash but also a producer of nitrate fertilizer. They also produce phosphate. They produce each of the three basic fertilizer types. They plan to produce "green" ammonium nitrate as well.
>>56063114
is the company not shit finally?

>>56063114
Personally don't think PGM miners have bottomed.

>>56063334
at this point if I wanted PGM exposure I'd probably just look at Ivanhoe anyways since they'll have that Platreef mine online in a year or two. Even though they're primarily a copper producer.

>>56062289
If SALT stays low that long I'll keep averaging down, I see a lot more upside than downside from here but I only ever lose money so who knows

>>56062038
still makes me laugh that anons here seriously thought 10tpd upgraded = 10tpd flotation concentrates

and that their resource was infinite

and that they ever planned to mine

>>56064748
and that their (tiny) resource was even close to equivalent to a reserve

I've got $4k/mo I need to park, since I am done with crypto, how do I properly research on what stocks are going to at least combat the inflation?

>>56065779
>combat the inflation?
you have to be a bit more specific than that I think.

>>56065819
Basically I have disposable income and when it's on my account just sitting there I feel it deprecating. So I much rather buy some stable shit that get a bit more expensive in the future but with very low risk. "blue chips".

But the problem is I am a literal retard who happens to make money, and need advice which chip to invest in.

>>56065855
>So I much rather buy some stable shit that get a bit more expensive in the future but with very low risk. "blue chips".
I feel like it's hard to outright recommend you to buy any single asset because they can always crash if shit hits the fan, but you kind of answered your own question. Blue chips tend to appreciate over time and pay out stable dividends. Because this is the commodity general I'm of course biased towards gold and other commodities, and energy. But of course nothing's to be taken for granted and any and all assets can dump at any time.

In the commodity context, blue chips with good track records would be stocks like Agnico Eagle, Exxon, Franco-Nevada or BHP for example.

>>56062038

>>56063576
Isn't that the Bayhorse pigeon jump of despair?

>>56065987
You think he got to fuck them? I bet he financially tore them a new hole.

>>56067330
>You think he got to fuck them?
He was fucked by Graeme, no cap

Hi all I am off in the bush with limited internet, will be back later this week with neat pics!

>>56068401
Awesome, Mr. Pan Man

nuclear bump

https://oilprice.com/Alternative-Energy/Nuclear-Power/China-Races-Ahead-In-Global-Nuclear-Power-Development.html
China is planning on increasing nuclear power capacity by 3x or about 100GW from about 50GW in the next fifteen years

>>56069799
Some big brain anon wanna give us a class on nuclear. Uranium consumption specifically...

>>56070039
What do you mean? There isn't much to it. It gets mined or leached, then turned into yellowcake, then into fuel pellets fit for consumption

>>56070039
just watch all the latest interviews from uranium insider. My prediction, uranium will top out somewhere 500 - 1000 usd / lbs next 10 years.

>>56070109
that would make it insanely overvalued.

>>56070114
yes

>>56070155
I suppose oil will just go to $1000 then as well

>>56070160
Dont know about oil, i think it will go up yes. But if you run the numbers on uranium energy prices compared to the EU averages you can get some silly numbers.

>>56070302
why use EU prices? Why not use, oh I don't know, Afghanistan prices? I hear energy is even more expensive over there.

>>56070307
because that does not fit in my schizophrenic delusions

>>56070348
ngl that is pretty based

>>56050376
It's not a meme, UST yields have inverted. China are fucked from their housing bubble popping.
Disinflation is coming.

Yes, followed by the largest amount of money printing in history resulting in runaway hyperinflation.
So long term, bullish, short term bearish.

>>56059349
I'm chilling with PBR-A right now, the dividends are pretty comfy. Not sure if I should offload at a 25% gain, excluding dividends.

>>56070612
How's this play then - stack cash @ 5% yield until maximum panic dump, then yolo into some leveraged commodity etfs or calls when they announce the first "rescue" package.
There probably wouldn't be any point in trying to time it, just wait for the rescue to be trotted out on cnbc

>>56071080
Sounds pretty good to me.
Ironically short-term UST (and gold) will be good places to store it. USD always goes up in as everyone rushes to the exit and panic sells.

I reckon the commodity plays that will be good to get into are:
>Oil - OPEC will cut production
>Copper - limited supplies and green BS
>Aluminium, magnesium, other energy intensive materials to refine - high energy prices.
>Platinum group - limited supplies, high number of use cases, Russia and South Africa struggling with stability

>>56071203
I'd wager energy in general should be a good place to be. Also North American natural gas should do pretty well thanks to increased LNG demand, a lot is going to come from Canada & US and gets a juicy premium compared to other hubs. Uranium as mentioned has pretty rosy demand fundamentals going for it too, and if oil goes up that promotes other forms of energy prices to go up as well, thermal coal included. If infrastructure spending and building kicks into high gear steel will do well, and by extention coking coal and iron ore.

But this is of course contingent on a market revival

>>56071277
ah, I should mention though that SMID names probably won't benefit as much from those LNG pricings. The big boys will be the ones to get those supply contracts. Guys like Exxon, CNRL, Tourmaline or ARC for example

>>56071203
Long term? Australia has a ton of mining and trading partners and isn't coupled to Middle East or Russian oil. It has similar resources as China, but only 26m population instead of whatever billion

>>56071277
Good analysis
Energy is the basis of all societies and civilization.

Anyone here know some good water companies to invest in? Heard that Michael Bury invested in it and seems like one of those things that will increase in value
Researched American Water Company but need more

>>56071642
Burry doesn't buy water utilities, he wanted a way to get exposure to water as a commodity, which isn't easy since the idea of water ownership tends to be contentious. I saw an article saying he was buying water-rich farmland instead.

>>56070039
>give us a class on nuclear
chinese + nuclear power = world contamination. Chinks dont give a fuck about human life, they build shit infrastructure and its just a matter of time before they lose a reactor through shitty design, construction, operations and emergency response. Every first world country that developed nuclear power for energy or bomb fuel and energy has had meltdowns. England - Windscale; US - Turd Mile Island, the explosion in Idaho, the salt reactor outside of LA, and others, Russia - Chernobyl plus lots of other releases they tried to hide; Japan - Fukushima (three reactors because even the japs are fucking corrupt retards). There are many more, to many to list (not even including the spontaneous prompt critical events in fuel/material processing). Nuclear power is the key, but human apes are too stupid to manage it safely

>>56071690
>buying water-rich farmland instead
owning water rights is great until the state or feds take them away, or limit your right so you lose your control/value. You need to be at or near the source to ensure you have as much control as possible and own large tracts of land around the area to prevent government stooges from going in to look see for themselves.

>>56071740
I agree entirely. I don't believe there's a way to invest in water without significant risk of confiscation.

Did silver miner anon get this one right?

https://stockhouse.com/news/press-releases/2023/09/06/nicola-mining-inc-signs-letter-of-intent-with-nittetsu-mining-co-ltd-for?_ga=2.257335115.1574935533.1693937006-2072011138.1691680813

>>56072001
>silver miner anon
he a lying pump and dump scammer who sucked the retards in pmg and cmmg to buy the shit he was spamming. He should be sued into the dirt for the fraud he repeatedly committed and there is substantial evidence in the archives.

>>56072298
>there is substantial evidence in the archives.
mens rea was lacking
as apparently was motive

his decision to stick around and keep shilling the stock for something like a full year after the dump would seem to indicate he wasn't engaged in actual fraud. A true P&D scammer would unload his bags at the top and you'd never hear from him again. Most of silver's shilling was well AFTER the stock tanked.
Same for the dozen or so true believers that kept right on shilling it over the same time period.

>>56073372
>mens rea was lacking
>as apparently was motive
you prove yourself an incompetent retard, and a shill for fraud. He knew exactly what he was doing, even adjusting his "DD" when one anon pointed out the obvious flaws and stupid mistakes. His motive is the same as all fraudsters, buy low, pump the stock with blatant fraud, and dump to make money based on the fraud. You seem strangely interested in defending the obvious fraud....hmmmm I wonder why that is. The archives are filled with the false statements, doctored documents, fake "technical drawings." Its also obvious there was more than one, but you know that. The idiots would forget which board they were on and chat on 4chan their strategy about how to deal with being called out as frauds. One anon even pointed that out to them

>>56073882
the guy was just your average autistic retard who thought he was smarter than everybody else. His master plan apparently was to shill the stock so they could do a PP and finally get to production... but he was too stupid to realize the company was never going to get to production and, I assume, held all the way down. I was one of the few people here who pointed out the problems and got away with a profit while I still could. Judging from his posts at the time though, him not so much. Although maybe he was just a pump & dumper who for some reason felt obligated to stay behind regardless. hell if I know

at least the memes were funny

>>56073882
I called him a fraud when he was here
but the fact that the stock NEVER pumped after I said that was proof enough I was wrong

can't do a Pump and Dump on a stock that never pumps and only dumps. Unless he was shorting it, he wasn't doing any fraud.

>>56074025
Me on the bottom right

Metalla is buying out Nova royalty at a premium. Should I sell my Nova shares?

>>56074651
If you think it's fairly priced or overvalued, or if you don't want to own the amalgamated company, or if you don't want to wait for the transaction to close... sell

at least a double from here, maybe a lot more

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2961-tsx-venture/sgd/147764-snowline-gold-intersects-256-2-m-of-2-2-grams-per-tonne-gold-and-517-9-m-of-1-1-grams-per-tonne-gold-both-from-surface-at-its-valley-discovery-rogue-project-yukon.html