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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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53468240 No.53468240 [Reply] [Original]

Markets should be open in the weekend too edition

Commodities include
>Precious metals
Gold, Silver, Platinum group metals
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Iron ore, Nickel, Lithium, Cobalt, Zinc, Lead
>Others
Water, Agricultural, Salt

More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL

>Youtube channels to follow
Palisade Gold Radio, Mining Stocks Education, Sprott Money, Goldsilver pros (Rob Kientz), Finding Value Finance, Gregory Mannarino, Peter Schiff, Macro Voices, Crux Investor
>Canadian junior press releases
https://twitter.com/JrMiningNetwork
>Newsfeed
https://twitter.com/zerohedge

>What is Austrian economics?
https://mises.org/what-austrian-economics
>Austrian economics books
What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises)

Previous: >>53426936

>> No.53468260
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53468260

FIRST FOR MISES

>> No.53468299

thank you baker!
https://www.mining.com/web/perus-violent-protests-imperil-30-of-its-copper-output/

Peru really doesnt like their new government.

>> No.53468491
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53468491

What does this year have in store for bagholders of
>gas
>uranium
>silver
>gold
>platinum
>copper
>oil

>> No.53468550

>>53468491
Actual comfy landings and then a bouncy playhouse of cray cray roun late Summer ehhh? What next? You know? S&P stranglehold yeheyheyeh... Nah big tech might actually fall back again next year and we just wanna make the most of it before that happens either front first.

>> No.53468559
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53468559

>> No.53468581

What a relieving new OP picture. Looks like the gold bull is back on the menu then I take it? What numbers are you guys fucking with at the moment on gold and platinum?
Platinum grams look absolutely kino right now but gold just can't keep my attention long enough before wheat penny deals come to mind.

>> No.53468706

>>53468581
Cobalt and nickel

>> No.53468714
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53468714

>>53468706
Forgot pic

>> No.53468727
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53468727

>>53468240
HAPPENING: ERIC NUTTALL GOES CHAD MODE ON BNN

>https://www.bnnbloomberg.ca/video/full-episode-market-call-for-friday-january-27-2023~2613161

>"You can't justify production growth. If an oil executive and board doesn't want to buy their stock today, why the hell should I as the third largest energy fund in the world?"
>calls out Biden
>calls out Trudeau
>calls out greentards
OIL BULLRUN NOW, GET THE FUCK IN HERE!!!

>> No.53468958
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53468958

>>53468727
>46m
Give qrd. Not watching all that
>Bull run on oil
Oilfield services will grow accordingly. I told you niggers about frac sand. Shale and its fracking are the elasticity of crude oil.

>> No.53469059
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53469059

>>53468958
Watch 6m4s to 8m45s
>"You can't justify production growth. If an oil executive and board doesn't want to buy their stock today, why the hell should I AS THE THIRD LARGEST ENERGY FUND IN THE WORLD?"
Not only is the fracking tech overrated for remaining reserves, but shareholders will not allow companies to partake in another shale boom in this volatile oil environment. The capex simply isn't there and is instead going into massive buybacks and dividends. He does call that natgas will go to zero this spring

>> No.53469166
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53469166

where is BHLL anon.

>> No.53469167
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53469167

>>53469059
If anything this is a signal that a buying opportunity is here or near
>Don't buy, it'll go down to zero.
Ok I'll buy on the way down to zero with him.
>Down to zero
I'm amazed people are this clueless

>> No.53469186

>>53469167
Are you implying 0 cost natgas can't happen? We had negative oil in 2020. Granted, natgas is a byproduct of oil production and is usually just burned away, but I wouldn't rule anything out. Tail risk exists for a reason

>> No.53469188

>>53469167
Oil is filling out the second half of the cup in the cup and handle pattern. Theoretically this is the best time for long term hold. You won't get a better one.

>> No.53469244

>>53469166
not sure where he went, but Bunker Hill was chugging along nicely at the end of last year. Underground development work for mechanized mining was ready, loads of surface work was under way as well getting ready for mill construction too!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2120-cse/bnkr/132866-bunker-hill-achieves-underground-development-milestone-ensuring-upper-levels-of-mine-ready-for-mechanized-mining.html

>> No.53469293
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53469293

>>53469186
>We had negative oil
AhahahhahahahhahahhahahbBbBabjxjxibdbdjwjsijxbdbdhieiwiwiusjdnjajajHbzhzjbs
Where, show me once where, anyone on earth took delivery of a one single barrel of oil and got paid to take it.....
You are the dumbest blackest gorilla nigger on the planet!
>Muh tv said
>Muh lines said
Show me where one single barrel of oil was paid to be taken away. I'll wait
People like you arent even dunning Kruger. You're the intersection of the graphs two axises. Basically zero squared. Dumber than dogshit, like a nigger. At least eventually dogshit turns white and doesn't stink

>> No.53469361
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53469361

>>53469188
This is why I'm into oil field services. Been researching frac sand and fracking lately. I'm sleeping on the couch cuz she pissed I won't stop talking about sand
Fuck her. She got structural grade sand in her clit.

>> No.53469366

>>53469293
k

>> No.53469377
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53469377

Natgas sisters

>> No.53469381

>>53469366
Why wouldn't you be buying at negative oil dumbass?
>Notice oil goes to less than zero
>I'll take 3 million barrels
>Here's your 3 million barrels and your money sir!

>> No.53469392

>>53468491
I need to buy platinum and copper to join the gang.

>> No.53469398
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53469398

>>53469377
I'll be buying some soon. So enjoy your gloating while you can, because I buy the bottom

>> No.53469401

>>53469381
Just pay for shipping and storage.

>> No.53469410

>>53469401
Is it provided by Somali pirates?

>> No.53469414

>>53469398
>signal user
>into pms

You are doomed desu. You are one of us.

>> No.53469450
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53469450

>>53469414
>one of us
I'm the man your father thought about being so he could get hard enough to pump you into your mother

>> No.53469464
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53469464

>>53469450
Anon, stop being mean on the internet.

>> No.53469474
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53469474

>>53469464
Have a flower desu

>> No.53469486
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53469486

First for Bunker

>> No.53469506
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53469506

>>53469502

>> No.53469600

>>53469592
how many threads does /cmmg/ have going?

>> No.53469606

>>53469600
Checked. Also the old one didn't reach 300 replies yet so it was definitely derailed into the new one way too prematurely.

>> No.53469661
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53469661

>>53469606
Wasn't there a poster that would do that deliberately so they could upstream the thread with the intention to shill certain junior silver miners once upon a time?
Hmmmmmmmmmmm
I can't recall just now but I feel strongly that this was an often used tactic of a certain no account, deceitful, worthless, cock sucker who should have been hunted to their righteous immolation while one certain anon was persecuted to no end and attempted to be docksted across countless threads for months for warning the idiots that fell for his scheming?
Surely it's not him making this very thread with that same old weak ass nigger brain tactic that's so easily called out because a fucking monkey could notice such a simple pattern

>> No.53469729

One more raging bull for Rick Rule, he's been dancing hard this week

>> No.53469986

>>53469293
>>53469167
Literal retard. These aren't shitcoins or pieces of paper, they are real assets with supply and demand fundamentals. Natgas supply is way too high given how warm this winter has been and LNG terminals are not ready. Ng will probably do well in a few years but near term the market is oversaturated

>> No.53470020

>>53469986
>Real assets
Real assets go below zero and you have to pay people to take them off your hands?
AhahhahahahhahahajhanajNnanzjjzjsjajannNNanannNznsbbsnanajj@((@(#+*(($+$+3(2((2({((@(@(#($!;$+3(3($("(("({(!{n{({{%{¢{{~[~=¢{!(njk(kJJJjN*!!
>This lumber is a real asset
>But I have too much of it just now
>I'll pay you to take my real assets since there's so much of it and it's so real!!!!

>> No.53470035

I just bought gold, I feel like now gold will crash, since all I ever touch turns to shit.

>> No.53470090

>>53470020
Garbage is a real asset but you need to pay someone to take your trash. It just so happens that oil was as useful as trash in a time of mass lockdowns. But nobody even said NG will go negative only that it could go to zero for a short time ($1.00, $0.10). With NG you can just release it into the air however it's nowhere near as easy to get rid of oil when nobody wants it and you have nowhere to store it

>> No.53470120
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53470120

>>53470090
Ah so the issue was storage? That's where the goalposts have moved to now?
Not that we're gonna stop producing. No. Fuck that. We'll keep on producing and pay people to take it
Ahhahahajajkakakskndndkxkckckndnenejskakkamamajahhahahhahahahhahahha
Please. Please show me one single barrel of oil that was paid to be taken away. Show me nigger
Show me the receipt you dumb nigger
You are the dumbest nigger on the planet

>> No.53470135

Here's your oil sir. Don't forget your money!!!
>Be me
>Oil negative
>Buy 6 million barrels
>Don't take delivery, keep the cash
Ahahahhahahahhahabhahababbanannana

>> No.53470136
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53470136

>>53470120
>>53470135
You're clueless about oil and gas. Shut the fuck up and stop embarrassing yourself

>> No.53470140

>buy oil when it's negative
>Bank get deposit instead of withdrawal
AhahahhahahahhahJajhNNnNNNnNNN

>> No.53470148

>>53470136
>Buy oil
>Get paid
This is next level retardation
AhahahhahahahhahahHhHHBBbBababannsnzjzjdjdnsb

>> No.53470165
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53470165

>buy oil
>Don't take delivery
>Retire on purchases only, no resell or dividends
AhahahahhahahhahahajajbanananNanan

>> No.53470172
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53470172

>> No.53470185
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53470185

>> No.53470197
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>> No.53470205
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53470205

>> No.53470223

>noooooooooooooooooooooooooooooooooooooooooooooooooooooo
>It's a real asset
>Real assets can totally go below zero
>They have no value cuz they're a real assets not like crypto or pieces of paper haha
>We don't have storage
>We can't stop producing it
>Noooooooooooooooooooooooooooooooooooooooooooooooooooooo we're gonna have to pay you to take it!!!!!1!!!

>> No.53470312

>>53470090
>We're gonna have to release it into the air!!!!1!!1!1!!!!
>Ahhhhhhhabhabhbhhhbhbbbnnn
>Why won't these pumps turn off!!!!!!!!
>Fuuuuuuuuu k
>What are we gonna dooooooooo?

>> No.53470327

>>53470090
>Garbage is an asset and not a liability!!!!
>My Tesla lease is an asset!!!!!!!
>My old shoes with holes in them and no soles are assets!!!!!
>My above ground pool with a torn liner is an asset!!!!!!!
>My Legos I left too close to the fire that got melted are assets!!!!!!

Why?

>Because I said so!!!!!!!!!!

>> No.53470743

>>53470135
Commodity trading houses made decent money off the contract flipping to negative. Take delivery of oil, store on super max and hedge the sale with a contract dated +3 months. Not easy to turn off wells.

>> No.53470769
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53470769

I got some FNV and Newmont and thinking of getting Steppe gold and fortuna silver Shill me some x3 mining stocks that will double in price with minimal debt. Blue lagoon and bayhorse look good as well looking at the previous threads

>> No.53470846

>>53470769
>gayhorse
Please consider killing yourself.

>> No.53470927
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53470927

>>53470769
If you like the hoss and poo, you'll love Newlox.

>> No.53470949
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53470949

>>53470927

>> No.53470977
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53470977

>>53470949
Scammers using the ESG scam to scam retailers.

>> No.53471143

>>53470769
>Shill me some x3 mining stocks
Don't worry newfriend, although we normally love these kind of posts I think you're all set with your picks. Maybe go a bit heavier into the horse and you'll be gucci. DD is for nerds anyway. Just buy and hodl!!

>> No.53471432
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53471432

Atlas has 2 days to get the PEA out, will they make it? I'm guessing yes and they go up, but if there's a delay the market might not like it and they could dip.

https://www.youtube.com/watch?v=RlH5--Q2Vu0

>> No.53471484

>>53471432
>will they make it?
I hope so.
If it was bad news I imagine they'd have released it just before market close on Friday as many do with shit annoucements.

A strong news release on Monday is what I'm hoping for.

>> No.53471619

>>53470743
>Impossible to stop the wells
>Take the money!!!!
>What are we gonna dooooooo!!!!!
>Give it away and pay them to take it!!!!
>We can't stop pumping oil!!!!!!!!
Show me where one single barrel was paid to be taken away you dumb nigger
Show me one fucking barrel!!!!!

Show me you dumb nigger
>Muh lines on a screen
>Muh tv said

Kill yourself you dumb animal

>> No.53471901

>>53469606
>Also the old one didn't reach 300 replies yet so it was definitely derailed into the new one way too prematurely.
namefag has a real hardon for being the baker so he bakes early. I'm sure he means well but other people will do it without him, there's really no need to jump the gun for the baker's glory.

>> No.53472132

>>53471619
Never said anyone got paid to take delivery. I said traders made good money off that event

>> No.53472343

>>53471901
Quiet, peasant. I'm the CEO and president of CMMG, baking is my right.

>> No.53472386

>>53472343
>self-appointed CEO and president of CMMG
Delusions of grandeur.

>> No.53472467

>>53472386
>Another peasant in my general
Be gone posthaste or I shall release the hounds.

>> No.53472471

Personally, I’m buyeding more trillion here.

>> No.53472580
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53472580

>>53472343
Peasants do the baking, friend. Aristocrats get the bread.

>> No.53472695

>>53470769
i've been buying minning stocks for the past few years and my advice is just buy big companies like first majestic. juniors are a total crap shoot unless you know what you are doing which we dont

>> No.53473668

One or two threads for gold, endless threads about shitcoins.

Gas the kikes.

>> No.53473726

>>53473668
Why? More shitcoin threads means more time for you to accumulate.

>> No.53474180
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53474180

>>53469729
I see you have watched his interview. I did too, he's extremely bullish for some reason. I'm the same but have to be carefull, this guy isn't always honest.

>>53470769
buy GDXJ and SILJ. You don't need more beside physical coins.


>>53473668
When we truly breakout, you'll regret these slow, delicious, threads. We can still right now laugh at each other. And at Bob ugly wife. Time will change.

>> No.53475160

>>53471432
>Atlas
I think this will sell off once the PEA is released. There's been a lot of hype generated by this company. Over nine months, SALT spent $854,101 on marketing and communications, investor relations, and conferences and travel.

>> No.53475318
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53475318

https://www.youtube.com/watch?v=yEeCRVNX0OQ

Extremely good interview for people into memelines

>> No.53475344

>>53475160
Probably. So much retail hype and everyone expects the PEA to be a huge positive catalyst. I'm guessing there is a lot more people waiting to sell after the PEA thinking they will make a good profit, than people sitting on the sidelines waiting to get in if the PEA is positive.

>> No.53475387

>>53475160
>>53475344

I agree.
I think there's a bit too much hype or expectations for the PEA and I think it'll just end up causing a momentary hike and then a trickle down again towards the end of this year if the buyout offers aren't coming in soon after.
Everyone knows PEA coming, everyone knows that their resource is insane and we know from Rowland the PEA is going to put the valuation above or at the same level as the previous high. Yet the price isn't shooting up.
Hell it might even be the strategy from the bigger players to tank the price so they can suck up even more from the skiddish investors who got in at the cent range and freak the fuck out as the PEA doesn't move the stock.

I have zero doubts about Atlas being an absolute beast of an investment because the resource is there and it isn't going anywhere, but the time frame for this to play out may be 1-2 years rather than 1-4 months.
Actually I'm really hoping it tanks hard from here.
I'll double or triple my holdings if it falls and stays there for a while, because this is one of the most risk free plays out there and the multipliers look extremely nice from a lower price.

>> No.53475623
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53475623

I still don't understand or have any real ability to know what uranium will do, but I'm certain if I sell out it'll pump. Guess I'll just invest in AI nudes

>> No.53475664

>>53475387
It does seem like a good deposit but I don't feel comfortable enough with the sector to invest. Maybe demand is expected to stall or even fall going forward. There may not be appetite to put this into production.
Why did their stock price rally so much in 2021 anyway? did they make the discovery?

>> No.53475796

>>53475664

I have no issues with the state of salt markets, they're healthy and this year multiple countries ran out of road salt that wasn't utter shit grade. The price of the commodity trends up, so things are looking very good.
The reason why they rallied was their constant good drill results which basically showed an infinite resource and then came their free stock offering for triple point spinout, that was around the ATH moment.

It's good to keep in mind that this thing is going to be the cheapest and largest salt mine out there.
Which means that anyone who owns this can fuck everyone else over, because no one can match the low production costs.
This resource is a huge liability to every other producer as long as it's out there for someone to snatch up, so the buyer doesn't even necessarily need to want to put this into production.
Just as long as they get it off the market they're safe going into the future. That angle is an important one to consider, because this thing can disrupt the markets by simply existing.

>> No.53475945

>>53475796
>The reason why they rallied was their constant good drill results
As far as I can see they didn't release any drill results before early 2022. Also they were talking about their work on a feasibility study all the way back in mid 2021, why did they pivot to a PEA instead? they don't seem to be short of cash.

>> No.53475960

>>53475945
>>53475796
So the stock rallied from 5c to $1.5 on what exactly? had investors just forgot about the salt asset they had? they were mining gypsum back in 2020, what happened to that?

>> No.53476124

>>53475945

PEA simply comes before the FS which is supposed to come out later this year and solidify the results PEA shows.
Judging by their behavior they seem to be trying to urge the market to buy this thing out sooner rather than later, which is why they're talking about the PEA now and doing that youtube marketing.
They also did that private placement last week to raise funds, so they can at least pretend they're working towards putting this into production quickly to spook the potential buyers about missing out.
I doubt they actually want to put this into production, because the possibility for a quick and significant payday due to a buyout is so great.

And I'm not sure why it rallied back in 2021. Last year they did move on the drill results and the spinout along with the hype for a future buyout.
I got into commodities fairly late, I only arrived to these threads early last year so I wasn't following any of these stocks, but I can only assume it was the news about the resource that pushed them from cent range to these highs.
Also yeah I do assume that this was more or less completely under the radar for investors considering what kind of a niche salt markets seem to be.
Then there's the fact that commodity sectors in general have rallied like a motherfucker since 2019, so it's no wonder almost all of them have more or less pulled those kinds of crazy hikes, even if there haven't always been significant news to actually justify all of the moves.

>> No.53476408

>>53476124
>I can only assume it was the news about the resource that pushed them from cent range to these highs.
It's always important to look at press releases going back a few years to understand an investment. It was not drill releases, it seems to have been pure hype. "Under the radar" argument doesn't come anywhere near explaining a 30x rally. There are definitely many investors who knew about that asset all along I can assure you that.

https://ninjadeicer.com/blogs/resources/bulk-salt-price-guide-what-you-can-expect-to-pay-in-2020
I was looking at this site and found that many states have their own local production. Which made me realize that location is extremely important. From gold mining I know that it costs around $15/t to move stuff 100 km. Road salt only costs $50-$100/t. This is why it was trading at 5c back then. They may very well be able to open a small mine for the local market, but even just loading it onto a ship and offloading at a port starts adding cost. Most markets inland will have their own production as it's too expensive trucking it several hundreds of kilometers.
They probably pivoted to the PEA because that allows them to be much more lenient in their assumptions.

>> No.53476438

>>53476408
This is not the safe 5x or whatever many seem to think. Not sure how big their market realistically is, they may be able to ship and sell to some ports. But the deposit was there already when this stock was trading at 5c and that is not a good sign. Definitely diversify if you're super overweight in this name, especially with the PEA coming up.

>> No.53476802
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53476802

>>53476408

>They probably pivoted

Why do you keep on saying that? They didn't pivot anything.
Do you seriously suggest that any company should just sit on the PEA doing nothing for 6 months and wait for the FS to drop before they start taking offers or doing any marketing? That would be retarded and it's not like they can deceive any of the big investors with that document either.
Like I already said the PEA is simply coming out earlier and it's naturally pushed because it's the first official document about the resource and allows for the offers to come in. It's cleat they're trying to cause a bidding war with it.
FS is the one that clarifies things and allows for proper financing and could be the point where offers actually come in, which is my guess about how things are going to play out. I don't expect the PEA to move the needle as people think.

And they have a deep sea port access that's right next to their mine.
The ease of transportation and low cost is one of their main selling points with this resource. They can simply conveyor belting the salt from the mine straight to the boats.
So no this isn't some tiny mine that can only serve the local markets. There's really no easier way to transport a product anywhere worldwide than to load it on a boat and ship it away.
There's having healthy skepticism and then there's being obtuse on purpose because you want to appear overly skeptical about something, which seems to be a bit of a thing with you when you get into these conversations about any investments.
To say that the valuation of this should be anywhere near 5 cents is fucking crazy.

But we'll know around Monday or Tuesday where things are.
The CEO did state that the price is as high or higher than the ATH valuation and he couldn't say that without being absolutely certain of it, or he could be dragged to court for misleading the investors.

>> No.53477239

>>53473668
>>53474180
What I hate the most about crypto is its use of the term "mining." It shits up every search I perform about real mining.

>> No.53477321

>>53476802
>Why do you keep on saying that? They didn't pivot anything.
Why don't you just spend 2 minutes looking at their news releases confirming what I'm saying is correct?

https://atlassalt.com/atlas-salt-corporate-update/

https://atlassalt.com/red-moon-engages-slr-for-great-atlantic-feasibility/

July 7th of 2021 and May 19th of last year they were referring to a FS.
>Atlas has retained a North American firm for special corporate advisory services, in advance of the completion of the Feasibility Study.
It even sounds like they are well into it here. This isn't a good sign either. How can it be anything else than them not being satisfied with how it was shaping out?

With regards to Compass Minerals I think they make salt for eating too which is more expensive and sells for more. The reason why this mine is so big and has been running for so long is that it has a great location.
There are of course a lot of people living near ports, so maybe Atlas Salt will have a large market to sell to. But what is the cost of loading the ship, sailing it to the US east coast and off loading? I doubt you know. I don't know either. But there are many investors out there who knows and they still let this stock trade for 5c for a long time. Not saying it is necessarily worth that today, but I certainly wouldn't be buying with that history.

>> No.53477357
File: 107 KB, 1465x1254, ElJgoqgXEAABacn.jpg [View same] [iqdb] [saucenao] [google]
53477357

>>53477239
What are you mining for, anon?

>> No.53477412

>>53477321
I am not sure but I think i can find the costs for bulk loading / unloading from ships, i was looking for the same info when it comes to bulk concentrates like lead / zinc. Its actually fairly cheap if i remember correctly. The more of one product on a ship the better, its cheaper to deal with a single bulk product than to have two products in a ships hold if i am understanding it properly.

For Atlas Salt, their project is sitting right next to a major port, that wouldnt need much work to add the loading gear for bulk material handling. Offloading stations already exist for salt in a number of US east coast ports as their off loading salt from Egypt and other African suppliers.

>> No.53477462

>>53477412
It's definitely cheap compared to the value of mining concentrates as those are worth thousands of $ per tonne, at least. Salt is worth very little.
>Offloading stations already exist for salt in a number of US east coast ports as their off loading salt from Egypt and other African suppliers.
I just wonder how great a profit margin they can make competing against those suppliers. They may have a superior deposit, but labour is 1/10th the cost in Africa. And labour is generally a large part of the cost structure.

>> No.53477508
File: 1.20 MB, 3296x2472, 390.jpg [View same] [iqdb] [saucenao] [google]
53477508

>>53477357
I like to go to old mine sites and bust up rocks or metal detect, but I'm no Pan Man.
I was mostly bitching about web searches for "mining scams" and other such terms.

>> No.53477541

>>53477321

Okay so let's be very clear, you think that they're going to disregard or fuck with the FS somehow and they're going to try and deceive the investor by getting a manipulated or deceptive PEA?
I'm not exactly sure what the hell your angle is, because it's simply not possible.
Do you think that any real investors in these kinds of price ranges wouldn't make sure that there's no fucky business going on here by waiting for the feasibility study and that their entire investment would hinge on the PEA?

https://atlassalt.com/atlas-salt-nears-economic-analysis-for-great-atlantic/

Their latest news release says.

>SLR Consulting (Canada) Ltd. (SLR) has advised Atlas that it will provide the results of a Preliminary Economic Assessment (PEA) by mid-January 2023.
>This economic assessment is a prelude to the Feasibility Study

So what the fuck is the "pivot" here you're talking about? The FS is coming. It's not cancelled.
There was a delay with the project and you're freaking out over it as if this is something out of the norm.

CEO stated the price floor for this meaning this is at least worth $4.5
If he was lying then he's a criminal, but we can assume he knows what's in the upcoming documents and he wouldn't risk a lawsuit over something like this.
You coming from the point of view of
>Road salt only costs $50-$100/t. This is why it was trading at 5c back then.
You're implying that's either the proper price or at least close to it.
That is just being retarded to a point it basically invalidates all of your points and any conversation that can be had with you, because you're valuing the half bil company at 15 mil which is good as zero just so you can sound skeptical about this and this is fucking nuts.

And no I don't know what the costs are, but I sure as hell know that a direct conveyor belt from a mine to a ship is about as cheap as it gets when it comes to any form of transportation and labor costs.

>> No.53477542

>>53477462
it depends on the quality of the salt they will mine compared to those other suppliers and the distance. Its probably going to be a lot cheaper to ship from Atlas's project than a bulk carriers trip across the atlantic. The salt mining done in africa is mostly brine fields and open pit style extraction, I expect the contamination rate to be way higher for that product too compared to Atlas's. I ll do more digging when i have a moment.

>> No.53477557

>>53477508
is that an old shaker table? An old mill pad perhaps?

>> No.53477692

>>53477557
Not sure if the wooden thing was a shaker table or not. It might have been a dock for this pond so they could adjust hoses. The mill was originally where I was standing. I didn't go down there since I saw a bunch of poisonous snakes.
This was Tennessee Mtn in NE Nevada where there was a resurgence in the 1930s. There was an old shack behind there, maybe 20x20, where the miners lived.

>> No.53477782

>>53477541
>because it's simply not possible.
You have no idea what you're talking about lol. It's not deceptive per se. They are just more lenient with their assumptions, like I said. Most PEAs are lenient in their assumptions, or you could call them optimistic. Of course they do this to create more investor interest to cheapen future financings and make a bigger splash with the announcement. That is just common practice. A PEA is a much more rough estimate so that's why it allows more "optimism".
>Do you think that any real investors in these kinds of price ranges wouldn't make sure
This thing is filled with low information retail investors. A company isn't going to acquire them based on the PEA numbers, they will typically do their own calculations.
A FS is more "scientific", they are required to get actual quotes from suppliers and service providers to use in the study.

>So what the fuck is the "pivot" here you're talking about? The FS is coming. It's not cancelled.
>There was a delay with the project and you're freaking out over it as if this is something out of the norm.
I never said it's cancelled. But they did pivot from what seemed like an ongoing FS to a PEA. That is definitely not normal. Clearly you don't follow many companies, but I do. And I have never seen anyone commence a FS and then pivot to a PEA. It's not just a random thing you do. They specifically said that they were going straight to a FS because they were so confident in the project, so why the change of heart? not so confident anymore?
>CEO stated the price floor for this meaning this is at least worth $4.5
A CEO saying he thinks his company is worth some certain number does not mean he can get sued if he is wrong. CEOs make these statements all the time and they are often wrong. He couldn't say that he guaranteed some kind of return or share price.

>> No.53477817

>>53477541
>conveyor belt from a mine to a ship is about as cheap as it gets
That part may be cheap but you are still not going to be able to compete with inland demand where you have to truck the salt 100s of kilometers. The product may be profitable in the close to port market, but I doubt it's going to be much cheaper, if at all, than African salt. So those high margins people use in their calculations are probably way off.
>>53477542
I don't think the quality is that important for road salt. Doesn't it just need to be like 95%+? I'm sure they can manage that in Africa.

>> No.53477998

>>53477817
I was looking at some company the other day and I believe they put the cost of shipping at around $20/t to China from Canada. So perhaps it's only like $10 from Africa to North America. If that is the case then it doesn't leave a huge advantage in cost being closer in Newfoundland. I'm pretty sure they can mine salt at least as cheaply in Africa as they can in NFLD even if the deposit is better. Lots of salt in many places. The 5c share price is starting to make more and more sense.
I'm putting out an official strong sell on this dog.

>> No.53478010

>>53477782

There's an easy answer to that.
For example if the FS is going to take more time to complete than they anticipated, they can get the PEA done meanwhile to drum up investor interest and possibly cause a bidding war if they manage to get any early offers in from institutional investors.
They're going for the bidding war angle that much is for certain.
Why else would they do a PP at this point to get money progress the mine other than to cause a panic among potential buyers? They want to give an idea that things are moving quickly and waiting for 6 months or even longer for an FS to drop this year doesn't give that image.
Also what's very possible is that since their resource just kept on going and going with the drills, they had to wait for the drills to be finished and revise the FS completely.

>He couldn't say that he guaranteed some kind of return or share price.
But he pretty much did that. His exact words:
>The value proposition is just as high now or even higher than it was when it was trading at $4.5.
That's as good as a guarantee of what's to come in the PEA numbers. He can't be wrong about that.
No CEO can come out and say our shares are going to be worth at least $10 next week with the upcoming valuation and then be wrong about it, because that's as good as a promise to investors.
They can only vaguely imply things of that nature, which is why they never make these kinds of statements without total certainty.
It's really strange that he went as far to state that, because it's a god damn liability if he's at all wrong about it.
Which is why he's 100% aware of the upcoming share price valuation in the papers.

The real conversation to be had about Atlas isn't whether it's worth 5 cents or 15 cents, but whether it's going to be sold for $5 or $15.
That take based on everything we know is infinitely more closer to reality than anything you've said so far.

>> No.53478013

>>53477998
They really do not allow posts to go through if you include strong sell in capital letters.

>> No.53478050

>>53469450
Always the homosexual project, eh? Faggot.

>> No.53478141

>>53478010
>They're going for the bidding war angle that much is for certain.
A PEA isn't going to cause a bidding war. The companies can do those rough numbers themselves easily. Compass probably has a better idea than anyone what the costs are as they are running a salt mine relatively close themselves.
It seems more likely to me that they are dragging this process out, because it seems like a pretty simple operation. I don't think they are doing any processing at the site as the deposit is already 97% or whatever which should be fine for road salt use. So I don't see why the FS has now taken more than 18 months when it doesn't even take that long for a gold project that needs detailed plant engineering and testwork on the ore.
>Why else would they do a PP
Why wouldn't they do a PP? mgmt always loves money in the treasury as it makes their job easier and more secure. They seem to be having a good time working on all sorts of projects. And I'm sure they are paid well too.
>The value proposition is just as high now or even higher than it was when it was trading at $4.5.
This is nowhere near a guarantee of anything. He can definitely say this and not get sued if he's wrong. That sentence isn't even really saying anything. Yes ofc the "value proposition" is the same now, the project is the exact same and they have presumably progressed on studies.
I'm sorry but you're very naive. Every CEO pumps their project, especialy for these early stage juniors, that is pretty much their job. You can't find a single CEO of a junior that won't tell you his company is undervalued.

>> No.53478196

>>53477998
i wonder if shipping by rail has been considered yet, that could be cheaper than shipping by boat. Your right though the margins are probably very tight.

>> No.53478320

>>53478141

Read what I wrote really carefully.
>possible cause a bidding war if they manage to get any early offers
Where does that state that it will?
I said possible.
If, and again that's IF they get any institutional interest at this stage, the bidding war will start and PEA is the first stage where this is possible because official numbers are out, even if not set in stone yet.
They want to convey an image of the project progressing fast towards production, not sure how many ways I can tell you this.
Anyone not completely autistic can see the angle they're going for with this.

CEO can't fucking state a share price like that without it being taken as a promise of future valuation.
This is why they imply things rather than give any hard numbers that could land them in hot water.
Show me just 3 CEOs that have given out a hard number of their future stock valuation like this. Or hell give me a single one. They don't do this because it's a dangerous legal game to play saying that. Yes the wording gives him leeway here, but it's not a clear get out of jail card.
And of course they pump their projects, there's no question about it.
Yes the price won't jump to $4.5 with that PEA and may even tank hard. But it will put a price range to the project, even if it was a vague estimate at this point.
Price range even at $3 already puts the valuation at least 20x higher than what you're suggesting and you're calling me naive.

But hey you put a hard sell on this and think it's valued at 15 cents or whatever, which would be close to 95% share price drop from here.
That certainly isn't an absolutely retarded thing to estimate at this point and surely is closer to reality than anything I've implied so far.
I'm done talking with you because this isn't going to get anywhere. Your ideas about this are so far out of touch they can't even be considered as possibilities.

>> No.53478374

>>53478050
Seething /SMG/ tard detected

>> No.53478481

>>53469361
I'm just sitting here watching every OFS except the one I bought start NCIB.

>> No.53478516

>>53478320
>They want to convey an image of the project progressing fast towards production, not sure how many ways I can tell you this.
That doesn't make any sense. If they wanted to move as quickly as possible they would have gone straight to the FS and not wasted a single moment on the PEA, just like they said they would at the start. And if they really wanted to move this forward quickly the FS would have been out already. They are stalling.
>Show me just 3 CEOs that have given out a hard number of their future stock valuation like this. Or hell give me a single one.
Gold developers and their CEOs say all the time that juniors are generally valued at this stage at $50/oz or whatever and we're only at $10/oz so we are very undervalued and could see 5x upside. Do you really need me to give you examples of that? And that is even more concrete than what the Atlas CEO said. Saying that the value is the same now as it was back then doesn't even necessarily imply that it was ever worth $4.5. He's talking about the value of the project.
>Price range even at $3 already puts the valuation at least 20x higher than what you're suggesting and you're calling me naive.
I never said it's worth 5c, I just said that it's starting to make more sense why it could have been trading that low. I don't pretend to be an expert on the salt market even though my DD this evening was probably more in depth and on target than 95%+ of SALT investors.
On their valuation they probably have more than 15c/share in cash now, if so they are worth more than that. But my point is that it's very risky and probably overvalued.
My probably strongest argument being that this thing was valued at almost nothing back when they did also have the salt project and I'm pretty sure it was big back then too. And there very likely were knowledgeable people looking at the stock and choosing not to buy. Wouldn't have taken many investors to push the stock up back then.

>> No.53478551
File: 1.08 MB, 2957x2211, IMG_20230128_184944158_HDR.jpg [View same] [iqdb] [saucenao] [google]
53478551

>>53478196
So sand is transported by rail alot all over north America. I suspect the cost per ton of salt is similar to sand. Rail systems are designed specifically for quick turnaround full loads of (I think) up to 53? cars in Wisconsin. I'm at a wake for one of our club members just now so I don't have my laptop for the figures on me
Iirc source is shipping sand for $55 per ton so I imagine that about half of this is logistics.
One thing to know at least in weimerica, like mining, railways aren't governed by OSHA, as they have their own governance. I would consider this when trying to make these calculations
Hope you fellas are having a lovely wkend

>> No.53478625

>>53478551
thanks anon thats super handy info!

>> No.53478710
File: 381 KB, 711x1354, Screenshot_20230128-190949-056.png [View same] [iqdb] [saucenao] [google]
53478710

>>53478625
Well not really but with the rough info you have a place to start looking should anyone be interested.
Logistics are a huge part of these aggregate suppliers since their materials costs are already so low for tonnage. I fact I was wrong on those numbers
Pic related
Idk where I got $55. I must be drunk

>> No.53478766

>>53478710
Is there a rail bridge between Newfoundland and the mainland?

>> No.53478826

>>53478766
Excellent question. The mine isn't built yet or even have a date in sight to break ground. I wasn't intent on holding that long desu so I didn't do the logistics on them.
I'll do some of that work and report back

>> No.53478879

>>53468714
I don't want digital damn it. I want actual cobalt and nickel and I want it to be ethically sourced.

>> No.53478953

>>53478826
I don't see one on the maps and the closest distance from Newfoundland to the mainland is 10 miles. It would seem like a big expense to load, ferry, then reload onto rolling stock. IDK, I'm not at all familiar with the region.

>> No.53479022

https://voyagermetals.com/pea-results-july-2022/

Rail is more expensive than ocean freight I'm pretty sure. This PEA for an iron ore mine has put in $18 rail cost per tonne a couple hundred kilometers I think it is and then $20 per tonne shipping to China all the way from Quebec. Salt may be a bit more expensive as I assume it's less dense. But yeah shipping is super cheap and won't give Atlas Salt that huge of an advantage over African producers. Not that far from Africa to NA.

>> No.53479078
File: 183 KB, 1543x868, Fnl12i3WIAAMIQ7.jpg [View same] [iqdb] [saucenao] [google]
53479078

perspective is everything

>> No.53479468

>>53478320

>Out of touch and can't be considered as possibilities

Which is why he invests in renewable energy

>> No.53479478

>>53479022
Those are somewhat competitive senpai. $20/ ton plus or minus for bulk materials. Bit I'm not sure of distances

>> No.53479516

>>53479468
He said he only buys gold miners and not renewables at all

>> No.53480014

>>53479468
kekw
>>53479516
then why did he instigate a delusional coping argument in the last thread just like the one above where he claimed that renewables were practically infinitely scalable, cheaper and more reliable than oil, gas, coal and nuclear energy lmao

>> No.53480107

https://www.yahoo.com/finance/m/f6bac91e-807c-395e-8451-8a0473747428/natural-gas-prices-are.html
Yeah the link sucks. I use Yahoo

>> No.53480129

>>53480014
You got me. I can't vouch for him
But green energy is an attempt to end energy independence. Diesel is your savior

>> No.53480198

>>53480014
and atlas is worth 5 million market cap

>> No.53480228

>>53480129
Amen to that. Green energy is a grift pure and simple. If it's not either nuclear or already existing tech it's a new age WEF grift and there's no arguing against this.

>> No.53480460

>>53479022
Also worth considering the speed/reliability in which you can ship the product Vs Africa. In fairness ocean freight has reduced in price significantly in the last 9 months and it offers more options than just transporting by rail. Loading/unloading is also far easier. It's an interesting series of pros and cons.

>> No.53480470

>>53479478
Going from east coast Africa to a MCP costs about ~$30/t atm, not including loading/assays etc

>> No.53480571
File: 810 KB, 2256x1702, BTCUSD_2023-01-29_01-42-22D.png [View same] [iqdb] [saucenao] [google]
53480571

Are you ready to dump and laugh on the crypto faggots again my guys?

I hate crypto and i hate seeing this little toxic fuckers gloat and parade on twitter making their ridiculous claims. Don't know if you've seen it but twitter is infested with these faggots going around screaming absolute nonsense like "bitcoin to one million" and "ackshully Elsalvador paid off their debt!"

So i pulled up the chart and thought "Oh shit, it actually broke through the pivot and this is actually an incredibly bullish chart and I was feeling mixed emotions.

On one hand, a bull market is always exciting, on the other hand it was disappointing because I wanted to see these faggots lose all their money.

HOWEVER ON CLOSER INSPECTION...

This upwards move is out of steam. RSI has turned back down from over bought. It didn't even break the previous pivot. It broke through the first initial pivot, not the second one which would have confirmed the upwards move.

And then I pulled up the weekly......

>> No.53480576
File: 587 KB, 2256x1702, BTCUSD_2023-01-29_01-43-37Wcross.png [View same] [iqdb] [saucenao] [google]
53480576

>>53480571
SO THEN I PULLED UP THE WEEKLY AND RIGHT FUCKING THERE IS A BEARISH CROSSOVER AND BUTTCOIN DIDNT EVEN MANAGE TO BREAK THE PREVIOUS PIVOT TOP KEK.

ALL OF THESE FAGS ARE GOING TO LOSE THEIR MONEY BUT OF COURSE WE ALREADY KNEW THAT.

>> No.53480607
File: 788 KB, 1760x1453, Fuck you crypto faggots.png [View same] [iqdb] [saucenao] [google]
53480607

>>53480576
so its just a dead cat bounce lol. And then of course theres this hilarious chart which ive been posting in here for two years.

They're the dumbest dumb fucks in the investing space guys.

>> No.53480765
File: 384 KB, 1359x1362, 1674151873345450.jpg [View same] [iqdb] [saucenao] [google]
53480765

>>53480228
>Green energy is a grift
Yes and no desu
Uranium is green but they hate it. They actually hate sustainable energy
Hydrogen is their next target because it is effecient. Soon hydrogen articles will be claiming racism and white supremacy.

I feel sorry not sorry for the dimwits that can't see the longview. We have one poster that's balls deep in uranium despite the fact that any and all factors in energy point towards the facts that they hate you for betting against them. So you will suffer for it.

/CMMG/ is suffering general. Suffering has taught us well and we love it. We look forward to suffering because we know this shakes out weak hands. We love pain because we know pain is weakness leaving the body. We love downturns because it is the chance to accumulate.

Pedestrians and tourists can't imagine the layers and waves of torment we've endured. And now it is our turn. We don't have to gloat, brag, grandstand, or parade our views outlandishly to intimate others and create a false sense of consensus. We are the torch bearers and others will follow our light.
If you care to take notice, they already have. You faggots will tell your children about this moment in history where the pendulum swung to its fullest arch and you were aware enough to see it stop momentarily before lumbering slowly the other direction.

Look down.
You're in the winners circle.
Just be there, without celebration, to merely exist, here and now.
I love you faggots and I hope you all wagmi. Just trust yourself and nothing can befall you. It's that easy

>> No.53480791

>>53480765
>We have one poster that's balls deep in uranium despite the fact that any and all factors in energy point towards the facts that they hate you for betting against them. So you will suffer for it.

I've reduced my posisyiins substantially and moved them into silver and gold. The uranium positions I still hold significantly is encore (sold uranium to the government), global atomic (Africa not a globohomo concern), sorry (named specifically by the Biden administration) and nxe (biggest Canadian deposit) and then a small position in fuu just trading the next drill results.

>> No.53480797

>>53480791
Smr not sorry this God awful autocorrect.

>> No.53480836

>>53480791
US uranium positions are also vanadium and rare earths positions.

the problem is the western US if flooded with uranium. We actually pay money to get rid of it here.

Russia and the rest of the world have no idea what the US is sitting on, whether gold or silver or uranium or oil or natgas.

people keep underestimating the US and keep losing money.

>> No.53480838
File: 62 KB, 800x450, Ff0NUPrX0AAS1-p.jpg [View same] [iqdb] [saucenao] [google]
53480838

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

https://www.youtube.com/watch?v=bCK6b6KsWAQ

Its been so long I have not been this bullish. I feel GREEDY.

>> No.53480842
File: 35 KB, 254x453, B7A2F5F5-AFF0-4CB2-B1EC-1C9D2637AA94.jpg [View same] [iqdb] [saucenao] [google]
53480842

>>53480571
>>53480576
Interdesting

>> No.53480849
File: 12 KB, 275x183, download (5).jpg [View same] [iqdb] [saucenao] [google]
53480849

>>53480791
I'm not picking on you RW
You are correct and that comes with a price.
>The emperor wears no clothes
You're a smart guy Red. Did you think this tactic would be without consequences?
You and I simply don't know because we aren't on private planes to eat babies on remote islands.
Wake up bro. Being right has its hitches.

I suggest you take it in stride and love the life you live. Nobody here is impoverished. We all have opportunities to own our lives or let our lives be owned.

>> No.53480885

Old pirates, yes, they rob I
Sold I to the merchant ships
Minutes after they took I
From the bottomless pit
But my hand was made strong
By the hand of the Almighty
We forward in this generation
Triumphantly

Won't you help to sing
These songs of freedom?
'Cause all I ever have
Redemption songs
Redemption songs

Emancipate yourselves from mental slavery
None but ourselves can free our minds
Have no fear for atomic energy
'Cause none of them can stop the time
How long shall they kill our prophets
While we stand aside and look? Ooh!
Some say it's just a part of it
We've got to fulfill the book

Won't you help to sing
These songs of freedom?
'Cause all I ever have
Redemption songs
Redemption songs
Redemption songs

Emancipate yourselves from mental slavery
None but ourselves can free our minds
Whoa! Have no fear for atomic energy
'Cause none of them-ah can-ah stop-ah the time
How long shall they kill our prophets
While we stand aside and look?
Yes, some say it's just a part of it
We've got to fulfill the book

Won't you help to sing
These songs of freedom?
'Cause all I ever have
Redemption songs
All I ever have
Redemption songs
These songs of freedom
Songs of freedom

>> No.53480912

From the bottomless pit
But my hand was made strong
By the hand of the Almighty
We forward in this generation
Triumphantly

>> No.53480923

>>53480912
This is the pmg cmmg slogan. Not all you faggots have earned it yet but you will. We all will. If it's easy then you're doing it wrong

>> No.53481028
File: 1.45 MB, 450x288, theatreintheround.gif [View same] [iqdb] [saucenao] [google]
53481028

>>53479078
>perspective is everything
no it is not

>> No.53481029

>>53480765
I don’t believe hydrogen meme, it’s net energy loss to create hydrogen so we’d be better off just using the electricity we use to power electric vehicles. Only way for hydrogen economy to work would be either to get it all from natural gas which doesn’t add up to the green agenda or to have a massive abundance of energy through nuclear or something else which we just don’t have

>> No.53481030

>>53480836
>Russia and the rest of the world have no idea what the US is sitting on, whether gold or silver or uranium or oil or natgas.
Bob? Is that you?
Yes we've discussed this here. The likelihood of national parks or what have you being a cute faggoty cover for rare earth minerals, precious metals deposits, and strategic hydrocarbon reserves such as oil/gas is a very likely possibility. Even our fearless leader PM has stated this plainly. Check the archives. Believe whatever you like. Maybe the earth is flat and I'm the retard. Or maybe they've know about this shit for eons

>> No.53481058

>>53481029
>I don’t believe hydrogen meme
I don't either but that doesn't mean its not the truth. Send any and all info you have for hydrogen pl0x. I'm studying it too

>> No.53481084
File: 288 KB, 646x550, 1671069415828.png [View same] [iqdb] [saucenao] [google]
53481084

>>53471143
PMs: NEM for miner, WPM for royalty
Copper/base metals: Hold Teck, Glencore
Nickel: I am wary of nickel jrs from my experiences with silver/gold shitcos. Just hold VALE waiting for them to spinout a stock. Also watching premium nickel resources.
Tin: Loaded up on Alphamin resources after twitter china reopening posts in December. I'll sell at 50k tin or when chinks buy the company.
Coal: Held ARCH and now Whitehaven + Yancoal for 1 year. Took profits on whitehaven recently.
Ferts: Ever since NTR overproduced fertilizer for increasing food supplies, stocks have been crabbing. Still holding UAN. Sold NTR long time ago.
Oil/Nat gas: too diversified to list
Farmland: CRESY

Buy bayhorse and Klondike silver.

>> No.53481100

>>53481084
>Buy bayhorse and Klondike silver.
Delete this. They don't deserve to know about our golden eggs. Fuck em

>> No.53481120

>>53481084
I prepped the BHLL at $.08
Up 75% since. What did I do wrong?

>> No.53481241 [DELETED] 

>>53481084
>he doesn't know about the NCU.TO copper play

>> No.53481324
File: 21 KB, 400x400, randy_buffington.jpg [View same] [iqdb] [saucenao] [google]
53481324

>>53481084
>he doesn't know about the NCU.TO copper play

>> No.53481466
File: 15 KB, 720x266, Screenshot_20230129-024428-656.png [View same] [iqdb] [saucenao] [google]
53481466

Ratios are important

>> No.53481847

>>53481030
>The likelihood of national parks or what have you being a cute faggoty cover for rare earth minerals, precious metals deposits, and strategic hydrocarbon reserves such as oil/gas is a very likely possibility.
It's a documented fact.

the EPA is sitting on enough vanadium, uranium, and RE's to crash markets for decades. Same with silver. Between Idaho and Colorado, the EPA is easily sitting on enough to crash world markets several times over.

this is documented fact.

>> No.53481879

>>53481847
Well keep it under your hat faggot

>> No.53481882

>>53481030
>Bob? Is that you?
sure
>>53481847
>this is documented fact.
when you guys prep the BHHL or look at uranium/vanadium companies with enormous holdings and extremely low share price
it's because the EPA is camped on that mineral.

The US is camping on incredible mines. We have no intention of opening them. They're strategic reserves.

>> No.53481892

>>53481879
>Well keep it under your hat faggot
You guys are the ones that keep talking about it.

>> No.53481903

>>53481882
At least we agree on more than one thing here Bob. Reality still exists

>> No.53481922

>>53481903
BHLL is the test case. If that succeeds you're gonna see some shit real fast.

>> No.53481926
File: 95 KB, 603x780, 111213-O-ZZ999-380.jpg [View same] [iqdb] [saucenao] [google]
53481926

*Nationalizes your most precious reserves*

>> No.53481942

>>53481926
given tax structures it's already nationalized

these are cost-plus projects where any profit you make will be taxed down to a flat fee.

weird how you guys don't understand that even after all these years.

>> No.53481981

Uranium mining in sweden, what do you think? The new swedish goverment coalition will soon vote to allow mining of uranium in sweden https://www.riksdagen.se/sv/dokument-lagar/dokument/motion/uranbrytning-i-sverige_HA02303.. The minister of industry recently said "Sweden has a bright future as a mining nation" in regards to the rare earth metals found in Kiruna. Furthermore Sweden seems to have some alum shale formations with extreme amounts of vanadium and uranium http://www.wise-uranium.org/uoeur.html#SE

>> No.53481984

>>53481942
>Given tax structures
Such as?
>these are cost-plus projects
I'm talking about national parks idk where you're at. My apologies if I didn't make myself clear earlier

>> No.53482049

>>53480014
Just because an industry is growing doesn't necessarily mean it's a good investment.

>> No.53482081

>>53481922
We will see but yeah it's our canary down the coal mine. Nobody here knows this tho or at least it's not talked about.
You let the cat out of the bag with vanadium. All these are a year out or more. But as you know in 40 years we'll be white Africa

>> No.53482093

>>53482049
/thread
Pack it in lads

>> No.53482178
File: 65 KB, 954x689, 1672695984085471.jpg [View same] [iqdb] [saucenao] [google]
53482178

>>53481892

>> No.53482257

Im going to have to give a class on titration soon. None of these chemphags wanna do it. I see you niggers.
I'll do it. Next wkend I'll have a chemlab for you nigtards. Easy shit. Titration is the root.
I'll keep this going as a class if some of you guys help me. Everyone could stand to benefit from a geology/organic chemistry class.
All of us

>> No.53482304
File: 168 KB, 1200x800, 1.jpg [View same] [iqdb] [saucenao] [google]
53482304

>titration is defined as ‘the process of determining the quantity of a substance A by adding measured increments of substance B, the titrant, with which it reacts until exact chemical equivalence

You're a daisy if you do

>> No.53482355

>the most common types of titration in quantitative chemical analysis are redox titration and acid-base titration.

>Titrations can be classified as:

Acid-base Titrations
Redox Titrations.
Precipitation Titrations.
Complexometric Titrations.

>> No.53482377

titration, process of chemical analysis in which the quantity of some constituent of a sample is determined by adding to the measured sample an exactly known quantity of another substance with which the desired constituent reacts in a definite, known proportion.

Niggers

>> No.53482415

This is the fundamentals of mining niggers. You faggots don't deserve to eat gold plated pussies and fly on tungsten Cessnas.

>> No.53482516

Niggers don't wanna work. If I could I would beet you awl with a wooden stick

>> No.53482819
File: 1.62 MB, 450x360, 1582510275029.webm [View same] [iqdb] [saucenao] [google]
53482819

>>53482516
You'd have to catch me first nigger

>> No.53482884
File: 1.03 MB, 419x315, giphy (1).gif [View same] [iqdb] [saucenao] [google]
53482884

>> No.53482938

>>53482257
Fire assaying is more accurate than titration, nigger.

>> No.53482952
File: 113 KB, 880x587, 1669427491059105.jpg [View same] [iqdb] [saucenao] [google]
53482952

>>53482819

>> No.53483176

>>53482415
Nigger learned a new word today and copypastad from his book.

>> No.53483212
File: 2.99 MB, 576x774, 1635193567016.webm [View same] [iqdb] [saucenao] [google]
53483212

>>53482952
I love that lil nigga

>> No.53483456
File: 53 KB, 720x480, 1431090557810.jpg [View same] [iqdb] [saucenao] [google]
53483456

>>53480607
https://twitter.com/ParrotCapital/status/1619632406474162178

I hope you followed this drama in the last few days, binance and coinbase are going kaput

>> No.53483722
File: 188 KB, 1170x678, burry_gold.jpg [View same] [iqdb] [saucenao] [google]
53483722

>>53483456

>> No.53483945
File: 100 KB, 640x480, 1613412220855.jpg [View same] [iqdb] [saucenao] [google]
53483945

>>53483722
https://www.imf.org/en/Publications/WP/Issues/2023/01/27/Gold-as-International-Reserves-A-Barbarous-Relic-No-More-528089

Publied 2 daysa go. Can't help the faggot that will miss this train.

>> No.53484114

Uranium!

>> No.53485458
File: 354 KB, 1080x1080, Fl-bbaqXEAAANMa.jpg [View same] [iqdb] [saucenao] [google]
53485458

>> No.53485791
File: 464 KB, 1920x1080, 04_the_library_burns.jpg [View same] [iqdb] [saucenao] [google]
53485791

>>53468240

Anons your participation needed, post opinions and habbenings

Global Hyperinflation General /GHG/ >>>/pol/414115035

>> No.53486061

>>53483212
Why is that black persons house flooding?

>> No.53486652

>>53482938
But it's not as easy

>> No.53486704
File: 1.69 MB, 854x480, 1635114353033.webm [View same] [iqdb] [saucenao] [google]
53486704

>>53486061
idk but it triggered the innate instinct to breakdance

>> No.53486787
File: 1.58 MB, 2448x2448, 20230129_122551.jpg [View same] [iqdb] [saucenao] [google]
53486787

>>53486652
Fire assaying is easier in terms of chemicals and apparatus. You need a good scale and oven, plus consumables ...

>> No.53486809
File: 1.66 MB, 2448x2448, 20230129_122614.jpg [View same] [iqdb] [saucenao] [google]
53486809

>>53486787
... wet assays require more chemicals, specialized standards, and glassware. Indication is subjective too, and impossible if you have a red color deficiency.

>> No.53487150
File: 138 KB, 768x1188, Lithium.png [View same] [iqdb] [saucenao] [google]
53487150

https://www.kereport.com/2023/01/28/weekend-show-resource-fund-managers-share-what-they-stocks-they-like/

>> No.53487235

Does anyone have a resource for leaning to calculate/estimate NPV for mines/companies?

>> No.53487281

>>53486787
>>53486809
I ve been snooping around for a blow pipe setup for simple assaying, I always somehow miss them on ebay. Building the full kit from scratch might have to be a summer project.

>> No.53487384

>>53487235
You could use economic studies supplied by the company and potentially adjust the numbers. You could also just take a look at their mine/s and AISC and try to estimate mine life and go from there. Or simply P/E compared to mine life. But mines can vary wildly from year to year in output due to grades shifting so it's a good idea to find the mine plan to see if you are to expect changes in production and cost.

>> No.53487465

>>53487281
That's old school cool. Never tried it but heard it takes some practice to get right. I asked the chemist at the lab I used to work at, and he just shook his head and said, "you'll get lead poisining."
I've tried and failed to do amalgamation assays in the field. I ended up with less than I started with and contaminated a good frying pan.

>> No.53488072

>>53487465
Sid Wayland, an old friend of my father had several blow pipe kits and even taught a course at UBC as a side project for a prospectors course back in the 70s. I really wish I could have been around to save his gear when he passed away, I have no idea where his family stashed his stuff. If you google Sid you will find he did hundreds of publications on mineralogy / gemology as well as papers on things like assaying. Its all super handy info, but unfortunately much has been lost as archiving wasnt properly done.

>> No.53488088

>>53487465
have you tried the potato in foil trick for amalgamation yet? It works but its very dangerous as you need a lot of mercury to do it right.

>> No.53488300

>>53488072
Thanks for that tip. I see his book can still be found. If I find a free pdf, I'll post here.
>>53488088
Haven't tried that. I was totally winging it when I tried amalgamation of fines from black sands. Got the mercury from thermostats in an abandoned ranger station.

>> No.53488600 [DELETED] 
File: 8 KB, 280x171, open.png [View same] [iqdb] [saucenao] [google]
53488600

gold bros ...

>> No.53488678
File: 77 KB, 1918x950, ng1_com.png [View same] [iqdb] [saucenao] [google]
53488678

boil bros...

>> No.53488834

>>53488678
Freeport is never going to open up.
When one-handle?

>> No.53488973

>>53488678
If not for the war, oil would have probably been down to $60 by now.

>> No.53489267
File: 239 KB, 2048x1536, FnplKzCXwAAJO1z.jpg [View same] [iqdb] [saucenao] [google]
53489267

Meme lines looking juicy

>> No.53490253

The beatings in gas will continue until nothing improves!

>> No.53490688

>>53488678
The natural gas contagion is spreading to coal. When will it stop dropping?

>> No.53490999
File: 35 KB, 806x286, kikes.png [View same] [iqdb] [saucenao] [google]
53490999

Was looking at Silver Bullet Mines but then saw a list of related parties.
Hard no.

>> No.53491021
File: 33 KB, 464x349, 469618A0-E380-4B4A-A1A5-F1601B4006F6.jpg [View same] [iqdb] [saucenao] [google]
53491021

>>53489267
>sub 50% in 3 years

>> No.53491189
File: 49 KB, 480x641, FmuAYgzWYAIhkRz.jpg [View same] [iqdb] [saucenao] [google]
53491189

>>53490999

>> No.53491258
File: 274 KB, 1014x1219, Fnm29qhXEAEH1u2.jpg [View same] [iqdb] [saucenao] [google]
53491258

>>53490999
checked, poos, jews and women are red flags

>> No.53491299

>>53489267
Need Red to tell me if I should buy lotsa gold right now.

>> No.53491362
File: 39 KB, 872x330, tru.jpg [View same] [iqdb] [saucenao] [google]
53491362

>>53490999
Tru was .25 last year, when I saw this I passed, it's .05 now

>> No.53491439

>>53491362
What an aggresively jewish looking phenotype

>> No.53491489

>>53491362
>Fraudman

>> No.53491564

>>53488973

Commodities were going up before the war.

>> No.53491577

>>53491299
Were finishing up the upwards move, then a low will occur and then it's off to the races after that.

>> No.53491692

>>53491564
They knew it was coming. Remember the US kept telling Ukraine that Russia was about to invade? for weeks beforehand, Ukraine just brushed it off lol. And Russia was two more weeks meming on the US

>> No.53491806

>>53491692
Yes.

>> No.53492083

>>53491692
>Ukraine govt overthrown in 2014
No kidding they knew it was coming

>> No.53492844
File: 84 KB, 750x938, 1665941306576772.jpg [View same] [iqdb] [saucenao] [google]
53492844

>>53481981
FUCKING BASED

>> No.53492910
File: 5 KB, 259x194, download-12.jpg [View same] [iqdb] [saucenao] [google]
53492910

>>53482081
>but as you know in 40 years we'll be white Africa
... white?

>> No.53493067
File: 271 KB, 1080x1693, Screenshot_20230130_080637_Finance.jpg [View same] [iqdb] [saucenao] [google]
53493067

>>53468240
What's this pattern called?

>> No.53493108

>>53480571
Calling attention to this post again. I put a lot of work into it

>> No.53493171

>>53493067
Manipulaton failing pattern

>> No.53493315

From the moment I understood the weakness of my flesh, it disgusted me. I craved the strength and certainty of Bayhorse Silver stock.

>> No.53493537
File: 3.60 MB, 4016x3008, Wiener 2.jpg [View same] [iqdb] [saucenao] [google]
53493537

>>53480571
>>53480576
>>53480607
As much as I dislike crypto shills, let us not get caught in their negativity and spite. If nobler we want to be, nobler we have to act. We want to be less short-sighted, so this is what we shall aim to be.
>We shall aquire gold and more:
>Precious metals full galore
>Some are mining, some explore
>Silver mines will show their bore
>Up they drill another core
>In the end it's us who score
>Then our story becomes lore
Not a native speaker but idgas. WAGMI

>> No.53494275
File: 354 KB, 1600x1000, 03_via_agora.jpg [View same] [iqdb] [saucenao] [google]
53494275

>>53468240

Anons your participation needed, post opinions and habbenings

Global Hyperinflation General /GHG/ >>>/pol/414195043

>> No.53494863
File: 145 KB, 567x521, Rana.png [View same] [iqdb] [saucenao] [google]
53494863

Sirs morning good

>> No.53494889
File: 53 KB, 500x383, 1674188085149731.jpg [View same] [iqdb] [saucenao] [google]
53494889

Natgas sisters... Is BOIL the biggest mistake of my life?

>> No.53495280
File: 144 KB, 1505x912, Untitled.png [View same] [iqdb] [saucenao] [google]
53495280

>>53494889
The biggest mistake of your life so far

Long way to go to 1.50
You should have listened to the TA wizards, I warned you weeks ago we were in a downtrend. Making another lower low today.

>> No.53495361
File: 138 KB, 719x767, EconomicCalendar.jpg [View same] [iqdb] [saucenao] [google]
53495361

Wednesday is going to be a big day.

>> No.53495866

https://oilprice.com/Latest-Energy-News/World-News/Turkey-To-Host-A-Natural-Gas-Summit-In-February.html

turkey wants to be the new gas hub of europe. bullish on trillion?

>> No.53496007
File: 282 KB, 853x480, 1673933516061171.png [View same] [iqdb] [saucenao] [google]
53496007

>>53495866
Feed me more copium anon, I'm a BOIL baggie.

>> No.53496344
File: 156 KB, 1089x796, gold.jpg [View same] [iqdb] [saucenao] [google]
53496344

IT'S HAPPENING

full report: https://www.goldmoney.com/research/russia-s-intentions-are-clarifying

>> No.53496624

>>53496344
And who are these highest sources?

>> No.53496821

>>53496624
Bael iii

>> No.53496875

Atlas frens...

>> No.53497135

>>53496875
Saw it jump about 7% but no pea out just yet

>> No.53497206

>>53497135
Hope Salt is up so much today because of a PEA leak and it's massive

>> No.53497238

>>53497206
The volume isn't there yet.

>> No.53497416

Shitty day all around. I think I'll godo some stuff outside rather than look at the monitor. Pissed at myself for not pulling the trigger on an ALB put on Friday. It's up 30% ffs.

>> No.53497492

>>53497135
Great opportunity to sell.

>> No.53498031
File: 404 KB, 1125x1417, 854E1DBB-C358-4802-8A51-321E9EE4436B.jpg [View same] [iqdb] [saucenao] [google]
53498031

Gunna test some solid resistance here at $8

>> No.53498318
File: 208 KB, 250x219, 1673487094902388.gif [View same] [iqdb] [saucenao] [google]
53498318

>>53497492
My man

>> No.53498647
File: 48 KB, 980x652, Rick-Rule-Donor-Spotlight-980x652.jpg [View same] [iqdb] [saucenao] [google]
53498647

nigga rick is dumping his bags on us again

>> No.53499369

why did trading halt, encorebros?

>> No.53499711
File: 881 KB, 2306x755, NWO__BLACKEYE.jpg [View same] [iqdb] [saucenao] [google]
53499711

>>53498647
I hate that smug faggot

>> No.53500497
File: 37 KB, 626x471, 6541123.jpg [View same] [iqdb] [saucenao] [google]
53500497

natgas bro getting slaughtered for buying high

You should have listened last year, we were bullish and calling for 9$ natgas

>> No.53501057

When will things get better? How do I fix this?
My stock portfolio hasn't been green since last summer.

>> No.53501076
File: 274 KB, 977x1394, portfolio.jpg [View same] [iqdb] [saucenao] [google]
53501076

>>53501057

>> No.53501110

>>53501057
https://twitter.com/jenstilmanydots/status/1620111630905528321
>Things don’t stay bad forever, 2022 was a God-awful year, especially for metals; could see an explosive rally for juniors

I agree with him.

>> No.53501182

>>53501076
Why is ATH seeing such high volume today? Who is buying?

>> No.53501397

>>53496007
The shale oil guys are getting gassier as the assets mature. It's a waste product. You are getting BOILed.

>> No.53501680
File: 3.00 MB, 960x1200, 1646608225593.webm [View same] [iqdb] [saucenao] [google]
53501680

strong close for Atlas up almost 10% today, somebody knows something

>> No.53501962
File: 632 KB, 1432x2048, Henlo based department.jpg [View same] [iqdb] [saucenao] [google]
53501962

>>53490999

https://vocaroo.com/17RdfEecyZ41

>> No.53501987

>>53498647
Do the opposite what he says but people here still getting fuck by him lol

>> No.53502172

>>53501680

I bet it comes out tomorrow after the markets close or right towards the last hour.
This way the markets can inch their way up in anticipation and then shoot even higher when it's actually released.
I guess the rest of the year depends on how strong it is. If the PEA states the value at something like $6 or more, I doubt we're going to be falling that much into the $2 range again.
But if it's just around the $4.5 ATH, then I believe there's a very good chance of a slow trickle down to the $1-2 range over the coming months as we wait for the offers or the FS to come out and then we'll get one hell of a price blowup.
It'll be interesting to see what the potential here actually is. Could really be anything.

>> No.53503084

Uranium is up, sell or what? What is the next commodity to pump? Looking for a small position on something new to entertain me. Idk why but I need to buy something new from time to time. Shouldn't be that way but it is

>> No.53503269
File: 542 KB, 2048x1516, 328440166_5063910213712667_5960687203101413260_n.jpg [View same] [iqdb] [saucenao] [google]
53503269

afternoon all how are things?
Been busy shoveling snow all day, but this was sent to me, maybe you will find it interesting.

>> No.53503528
File: 63 KB, 566x241, y.png [View same] [iqdb] [saucenao] [google]
53503528

>>53503269
That sucks about the raft.

>> No.53503843

>>53503528
yea it does, if he had made it to that territory, history might have been a bit different. I ve seen his claim posts in the Babine and Telkwa ranges a few times, the guy got around!

>> No.53503989
File: 245 KB, 2048x1152, 328139695_408922698107622_3897339280281292871_n.jpg [View same] [iqdb] [saucenao] [google]
53503989

I missed AME Roundup this year in Vancouver, next year for sure is a go with partners to show off some ground and maybe even have a table at the core shed! A few friends are at VRIC this year though and getting some great info. I really need to go down to those conferences again, its worth it.

>> No.53504291

>>53503989
Have you sold some of that ground you have found prospecting?

>> No.53504297

PEA out.

https://ceo.ca/@GlobeNewswire/independent-preliminary-economic-assessment-for-atlas

>> No.53504486
File: 9 KB, 313x122, 8d4bcc75-c19f-46ea-960e-db30a94bb6bb.jpg [View same] [iqdb] [saucenao] [google]
53504486

>> No.53504517

>>53504297
Oh fug here we go.

>> No.53504554

>>53504297
>>53504517
Appears that Atlas has delivered bigly

>> No.53504589

>>53504554
And it appears this light bw a conservative estimate with only half the possible production accounted for and not including the last drill results. Seems this is a good meal but the fs will likely be bigger.

>> No.53504597

>>53504297
>>53504517
>Atlas has entered into discussions regarding Great Atlantic with interested parties including potential suitors. With an independent PEA now in hand, management expects these discussions to accelerate with the focus on possible outcomes aimed at maximizing shareholder value.

>> No.53504602

>>53504589
Might be*

>> No.53504606
File: 58 KB, 468x226, 202.jpg [View same] [iqdb] [saucenao] [google]
53504606

>> No.53504618

>>53504291
i sold two nice placer claims last summer, and one big hardrock claim group was optioned to a private group which was nice but i want to get some of the ground i have out to a real developer, or at least a solid junior that will do well by the work my partners and i have done. The problem is there are too many properties and projects to look at in the market right now, it needs to cool off a bit more so the really good territory shines through. Roundup is the place to go for that, its a great place to network with the old school wheeler dealer types.
J2 Syndicate was interested in some of my territory for example, but they have so much ground by Terrace BC they dont know where to start.
>>53504297
this will be a good read for the weekend!

>> No.53504644

>>53504618
>this will be a good read for the weekend!
They just released the summary, PM.
>Upon completion of the PEA, Atlas intends to release a supporting NI 43-101 compliant report posted to SEDAR within 45 days of this news release.

>> No.53504658

>>53504644
oh thank you sorry i am kind of doing 3 things at once this evening, the 43-101 should be interesting. Either way the markets seem to like it!

>> No.53504684

>>53504644
supposedly those last drill results havent been included so the resource could get bigger.

What you guys think? Maybe I'm not understanding correctly but I think I'm a little underwhelmed are they saying that this thing only has a post tax value (8%) of 481,000,000 ? There's no way right?

>> No.53504694

>>53504589
yep this will only get bigger. we could be going up a lot on Tuesday

>> No.53504716

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

>> No.53504748

>>53504684
I think their salt price assumptions are a tad rich.

>> No.53504763

>>53504748
yeah but a npv of only 480m? What the fuck? This was supposed to be billions of dollars worth of salt.

>> No.53504778

>>53504684
the bigger the salt dome the better. A deposit like Great Atlantic is going to be servicing North America for decades once brought to market.

>> No.53504823

>>53504763
Right. I think it might tank hard. Some rocket emojis will buy at the open, then it will sell off. We'll see.
I don't like the rising price assumptions. Ffs, the supply added to the market if/when the mine opens will itself reduce the price.

>> No.53504870

>>53504297
>https://ceo.ca/@GlobeNewswire/independent-preliminary-economic-assessment-for-atlas

ONE
BILLION
TONS
OF SALT

>> No.53504894

>>53504823
Rowland was pumping it in recent interviews saying that it wasn't overvalued at the (relatively) recent ATH, and if they are engaged in BO talks with suitors then this would all be really bizarre.

>> No.53504900

>>53504684

Relax, that's calculated at 2.5 million tonnes over 30 years.
They seemed to have gone extremely conservative with the estimates by calculating this at 2.5 mil a year and capping the production scaling at 4 mil.
They've talked about being able to match Goderichs 6-8 mil a year long term and I assume Rowland knows what he's talking about with that, so valuation here is easily on the lower end.
And the newest drill holes aren't even factored in, which expand the resource even more, making those higher numbers even more realistic.

This could go over $10 easy, but $8 is my conservative estimate for a buyout.
I really hope there's a bidding war and this ends up being a +$15 buyout.

I liked this part:
>Atlas has entered into discussions regarding Great Atlantic with interested parties including potential suitors.
>With an independent PEA now in hand, management expects these discussions to accelerate with the focus on possible outcomes aimed at maximizing shareholder value.

Accelerate away and bring on that quick payday.

>> No.53504909

>>53504297
>Rock salt produced from Great Atlantic will initially target the regional deicing markets in eastern Canada and the U.S. East Coast. It is estimated that this market requires between 11.0 Mtpa and 16.0 Mtpa of rock salt in any given year

I wonder how realistic this is. Would be nice to see a map showing the size of different markets, because you can't go far inland before you can't compete against production that is closer.
Maybe 2.5-4Mtpa is a realistic production level, since that is what they are targetting. Upfront cost is rather significant and it takes a while to build so payback takes a while. But on the other hand it also has a long life of course.
Will be interesting to see how it reacts tomorrow. I'm still leaning towards a dump, not because the PEA was dissapointing, but simply because of the hype. Sell the news type of thing.
>>53504618
That is pretty cool, is it something you can make a living out of or more like side income?

>> No.53504953
File: 691 KB, 1536x2048, 296732379_580226490319436_7336614150224003171_n.jpg [View same] [iqdb] [saucenao] [google]
53504953

>>53504909
i make a pretty good amount of money off it each summer between hand mining my own ground and selling ground to different groups / individuals but right now i am working for the local community district office. Life is expensive, and i need to keep what i make off mineral claims in the bank for wider scale projects. Its also really expensive to placer mine with machines lately so hand mining it is until costs go down.

>> No.53504958

>>53504823
>I think it might tank hard
don't think so fren, but we'll know in 12 hours

>>53504870
step-out drill holes just keep adding to their unlimited salt

>> No.53504977

>>53504909
also to add to the Atlas discussion, there is only one other major supplier of salt currently in Canada and thats in Ontario, Goderich operated by Compass Minerals. I think there are two or three smaller salt mines in the US too but their no where near this sort of proposed output.

>> No.53505031

>>53504977

We also need to take into consideration that Atlas has near 96% purity, which may very well beat most of those smaller producers in quality.
This year we've heard multiple complaints from all over the world or road salt quality being utter dogshit and people aren't too happy about it, so by that anecdotal take I'd say these guys are in a very good position with their product.

>> No.53505087

>>53505031
bingo, lots of salt deposits scattered across the US and Canada have clay and sand bed inclusions. Depending on how think those beds are you could have serious stability issues, plus it messes up the product when its sent out for sale. No one wants to be buying clay contaminated salt.

>> No.53505163

>2.5 MT/year increased supply to market
>Demand relatively constant (+- depending on weather)
>PEA assumes that the price of rock salt will continue to increase from $68 (base) to $118 (life of mine)
Mises bros, what happens when supply increases and demand stays the same?
The opening of a mine this size will itself decrease the the price of rock salt.

>> No.53505226

>>53505163
things usually even out, copper and zinc do this all the time. Demand spikes for a while, mines increase output, than the market tanks and the price evens out, so mines lower output, rince and repeat. With salt though were probably going to see a steady increase in demand due to poorer weather conditions overall. Winters are getting wetter and longer in many parts of the continent, meaning you need more salt, over longer periods.

>> No.53505258

>>53497416
>I should have bet on red

>> No.53505314

>>53505163
The worst offence I think is using 4% price inflation on salt until 2028 (2% after), but only 2% cost inflation. Their reasoning is that others use 4% too. Well yeah we are probably going to have 4% inflation, at least, but then you should use 4% cost inflation expectation as well. The world is not about to run out of salt, so no reason to just assume price will rise faster than cost.
That's what I was talking about with the optimism in PEAs. I don't think that would fly in a FS.

>> No.53505386

I wonder how long Atlas will be available before they're bought? I have a feeling it's before '24.

>> No.53505423

>>53504900
But I don't understand I thought the shit was selling for $50-100 a ton. If they have a billion tons then how is it only valued at half a billion what the fuck?

>> No.53505424

Dolly Varden Silver out with some pretty good results from Homestake Ridge. I wish I could get out to Kitsault again, its incredible.

https://twitter.com/SilverVarden/status/1620058332110397441

>> No.53505438

>>53504900
That's 50 billion dollars worth of salt being worth only a measly 500 million? Man this game is fucked and rigged dude.

>> No.53505501

>>53505438
They only used a small part of their resource for the study. Also there is the cost of mining, a 3% royalty, significant capex, and the NPV you are talking about is discounted heavily. NPV5 is much higher for example.

>> No.53505507

https://www.mining.com/web/biden-to-block-alaska-gold-mine-in-area-rich-with-wild-salmon/

One more link of interest. Pebble's future is not looking good.

>> No.53505528

>>53505501
Okay so I'm starting to grasp what this is saying now.

At 2.5mtpy for a thirty year mine life that's only 74 n tons mined and they have a n tons.

So this pea is the bare fucking minimum. They're saying st bare fucking minimum this project after all expenses is and minimal rate of mining is worth three times its current market cap aka 8$ a share.

>> No.53505546

>>53505386

Could go really quickly, especially if someone gets their good offer in early and forces a fast bidding war.
My biggest question is the Triple Point shares.
Atlas holds an assload of them and TPR doesn't trade yet and those could be a nice extra on top of this, so how the hell are they going to deal with those?

>>53505438

It's not 50 billion dollars worth, that's calculated at just 75 million tons of production over 30 years. So that's just 3.75 - 7.5 billion worth of salt.
Which is of course pretty retarded.
If you calculate it with their 2.5 mil production estimate, that still leaves about 925 million tons of salt in the ground after 30 years of digging.

Now let's say that was the case and they just couldn't sell the rest of the salt for whatever reason. They still have an absolutely insane salt resource to play with.
In that case they could just turn this into a company like Triple Point and sell this as a salt dome energy storage for the region's green energy producers, which is going to be a really big thing over there.
So just relax and enjoy the show.
If the ultra conservative value at 2.5mt is still over $5 stock, it's really hard to see how this sells for anything under $9 and the more I think about it the more likely +$10 starts sounding like when you take everything into consideration.
The resource is simply too big to be calculated at these low estimates.
This is going to fly hard when it gets going.

>> No.53505562

>>53505528
I have a combination of brain injury and large muscle hands with a tiny phone. My fingers don't type well.


They're saying at 2.5 million tons per year mined (which the mine is being built to produce 4mt more likely and could go up to 6), and after thirty years that's only 75 million tons mined and they have a billion tons of the stuff (at least)

And the resource is going to get bigger...

And they're saying that basically at bare fucking minimum this is worth a 3x it's current market cap.

Jesus Christ. I'm not pulling any money out lol. I have $20,000 invested in this stock. They have their ni41 coming out within 45 days and theoretically a feasibility study after that. This could be a ten x within the year or more.

>> No.53505579

>>53505546
Yeah it took a while to sink in but I'm getting it now. Renewable energy fag btfo lol.

No clue about the triple point thing. I have 900 shares, wish I had more lol. But they aren't even listed as a ticker on my broker lol.

>> No.53505626

>>53505579
>Renewable energy fag btfo lol.
Not so fast. It's important to note that PEAs are optimistic and there is always risks when taking on a project. Gold juniors typically only trade at like 10-20% of NPV5 at this stage, sometimes even lower.
Something many also miss is that they are mining using room and pillar, and I assume those pillars have to be large due to the rock not being as dense as say in a typical gold mine. So they lose a lot of tonnes on those, dno how many tho.

>> No.53505627

>>53505546
What happens when if a buyout occurs and you own the stocks?

>> No.53505632

>>53505627
You get the cash and or shares paid in the transaction into your account automatically.

>> No.53505635
File: 350 KB, 782x1000, Malibujack.png [View same] [iqdb] [saucenao] [google]
53505635

>>53505562

Yes this could very realistically do 10x from here.
That resource is so big even if they scaled this estimate up 10x which is beyond even the highest production estimate, it still wouldn't exhaust it according to current numbers which are only going to get even bigger in the FS.
Who knows, maybe the future buyer thinks about that exact Triple Point possibility and turns half of it into hydrogen storage domes, so they could extract the value faster from it.
Either way it's safe to say this is the most risk free investment currently in the market, which means it's probably going to go up really fucking fast.
If this goes fast enough we'll get a really nice money rotation opportunity to other stocks.

>> No.53505639

>>53505632
Nice.

>> No.53505650

>>53505635
Finally guys. This might be a fucking win. Finally lol. After three years of clown bullshut it seems hard to believe.

>rotation

Fuck yeah. I'll be rotating into physical pms, uranium, and other stock opportunities. Doing upgrades on my land and house.

>> No.53505688

>>53505627
>What happens when if a buyout occurs and you own the stocks?
>one day you see Atlas "Halted"
>6 months later you're at the cmmg Japan countryside compound with big Japanese milkers in your face

>> No.53505689

>>53505688
I hate to admit but but I'm going to be buying whores.

>> No.53505843

Who wants to make the new salt edition cmmg thread?

>> No.53505863

>>53505843
i ll do it one moment before i pass out for the evening.

>> No.53505873
File: 1.96 MB, 2997x3849, 20230131_123120.jpg [View same] [iqdb] [saucenao] [google]
53505873

Jellyfish says buy gold, I buy gold.

>> No.53505882

>>53505689
kek, SALT her boobas, lick it off, down tequila shot

>> No.53505891
File: 121 KB, 640x480, bergbau_ks_salt_mine.jpg [View same] [iqdb] [saucenao] [google]
53505891

new thread up and ready here!
>>53505879
>>53505879

>> No.53507176
File: 76 KB, 1136x820, sdfvsdfg.png [View same] [iqdb] [saucenao] [google]
53507176

Is the temporary gold rally over? Or is this another fake out
?