/CMMG/Commodities, Macro, and Mining General

[Anonymous No.55358180]

Super Pit Edition

Commodities include
>Boomer rocks
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 (shill), Mining Stocks Education (shill), Sprott Money (shill), Goldsilver pros (shill), Finding Value Finance (shill), Gregory Mannarino (schizo), Peter Schiff (broken record), Macro Voices (shill), Crux Investor (shill)
>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)
>Contradicting Austrian Economics, we support Technical Analysis by a moran called Gary

Previous thread >>55308565

[Anonymous No.55358193]

>>55358180
https://www.mining.com/web/rio-tinto-to-invest-almost-1-billion-in-kennecott-copper-mine/

Major miners are pumping billions into their existing mines to keep them going, instead of investing in new projects. Is the market just gun shy of new mines due to all the challenges or is it something else?

[Anonymous No.55358326]

>>55358180
This accounting class fucking sucks.

[Anonymous No.55358332]

>>55358193
It's over. If lucky retest of 2015
If unlucky retest of 2008

[Anonymous No.55358338]

>>55358332
We're going to have a bloodbath phase this week and then after that we're going over 2100.

[Anonymous No.55358345]

>>55358338
I don't know. How well did gold perform in 1929, or was everyone jumping on dollar, which of course was backed ny gold back then. I am not sure with commodities tbf

[Anonymous No.55360276]

How do I fix this?

[Anonymous No.55360841]

>>55360276
resist the urge to average down on laggards unless they are solid and you're positive they're cheap, instead add to winners like Scottie on weakness

[Anonymous No.55360962]

>>55358338
Why on earth would anyone be bullish on metals besides copper? Even copper is sketchy

[Anonymous No.55360981]

>>55360276
Buy 115K Bayhorse @ 0.01 Euro then flip it for 0.015 to break even. I don't know what sort of commissions you pay, but you might have to adjust the buy volume based on that. If you don't want to risk doing this, then sell at market and move on.

[Anonymous No.55361096]

>>55358180
>Gregory Mannarino

iust delete this clown FFS

[Anonymous No.55361102]

>>55358332

Mining stock indexes were much higher in late 2008 if you account for inflation

[Anonymous No.55361245]

>>55356160
>>I'm only concerned with argi and honestly I keep hearing that supply is picking up again.
>You mean agriculture? I've been eyeing potash and it seems to still be in a downtrend. I think it might hit the $200-300 mark. What do you think?

Potash going to $200-300 from here (~$20)? I think that with all else equals and continuing their current trend, we go to $9 at least. I currently hold CORN, which has done very nicely for me since the start of the month. However, I can't tell you why we're in a rally for CORN. I'm just following the trend, but we're near a high for '23 and I think it's going to tank soon.

SOYB looks similar. CANE is testing a 7 year high. In terms of just its technicals, only WEAT looks safe.

[Anonymous No.55361881]

>>55361245
Corn harvest season is soon in the northern hemisphere so it would probably go down
Reminder that orange juice was the best performing commodity in 2022

[Anonymous No.55361908]

When do we admit this was the worst investment ever

[Anonymous No.55361949]

>>55358326
>college education is useless
whoa

>>55358345
>I don't know
I can tell lol. Gold to 1850 then to new ATH.
>>55281912
>>55303156

[Anonymous No.55362108]

Gold is only 25% or so off real ATHs in 2020 & 2011

it's not that exciting vs silver

[Anonymous No.55362214]

kek

[Anonymous No.55362225]

>>55361908

In a year when CRB index has fallen 30% from here and people are on the verge or roping as everyone is down +70% and there's no sign of climbing up from the bottom.
Regardless of what the extremely biased talking heads on youtube say, most commodities could easily get absolutely fucked for a fairly long time before going up.
Imagine if we're at -57 on this chart.

[Anonymous No.55362441]

>>55362225

It's all about the US Dollar. If the dollar index FINALLY falls to the 80s or 70s it will be like a massive stimulus shot for all ex-US economies.

[Anonymous No.55362452]

BTC pumping and hedges are investing billions.

Your commodity companies are worth less when price goes up, and even less when price comes down.

Tell me how you feel.

[Anonymous No.55362601]

>>55362441

We'll see how that plays out, if the dollar milkshake theory is true then dollar isn't going anywhere but up.
And if the banking sector doesn't show any more panic inducing signs, then people are going to slowly move out of PMs into better performing investments even if the dollar doesn't do that well.
I'm sure long term this system is completely fucked and we'll get that bull cycle eventually, but this shitshow may last way more years than we think possible before any real rotation happens.

[Anonymous No.55362818]

>>55362225
Nah, copper is extremely bullish (maybe some other industrial metals as well) and has been doing exceedingly well in terms of stocks. And now with real estate production picking up and China stimulating its economy, I figure I am gonna ride this hype train at least couple of months. Gold and Silver are fugged though

[Anonymous No.55363220]

He should close down his channel or make one macro video a month. No one needs daily videos on CBDCs or muh Eurodollar system.

No one understands macro well enough to even position for the future let alone predict. It's like trying to predict all global human decisions + unforeseen technological innovations. The best we can do is notice if something (gold/uranium whatever) is cheap and position for a payoff which might be 2, 5 or 10 years away.

[Anonymous No.55364125]

I'd hold off on buying any commodity based stocks right now. It seems the best time to sell was early - middle 2022. They will crash with the general market if the bear scenario (which is the highest probable outcome) comes to fruition. However, if you're still HODL'ing an individual stock, or a fund at this point, you might as well just ride the roller coaster.

[Anonymous No.55364149]

>>55363220

I enjoy the daily podcasts. It gives me something to listen to at work.

[Anonymous No.55364168]

>>55361949
seems like speculation. I kind of expect people to also flee gold, same like other asset classes to get dollars to afford food

[Anonymous No.55364338]

>>55364168
>flee gold
when central bank gold buying is at record levels?

[Anonymous No.55364356]

>>55364338
central banks are not average joe, with his paper futures or his ducats, that is hungry and out of a job that pays enough for shelter and food. You sound like one of those crypto idiots that tell people to buy buttcoin to sell it to Lary because they are just waiting to buy his bags

[Anonymous No.55364604]

I’m going to Cancun the first week of July. Any suggestions?

[Anonymous No.55364702]

>>55364338
They don't buy from the comex

[Anonymous No.55364739]

I can't imagine how hard you guys must be seething. Silence is always indication of the most extreme fury.

[Anonymous No.55364826]

>>55364739
>you go...uys
oven now

[The Dane No.55364851]

>>55364604
Try to avoid having your face cut off by the cartel

[Anonymous No.55364943]

>>55361908
I don't have any money in the market but have been following commodities since COVID crash. Why aren't they exploding like they should? I thought inflation would drive up commodity prices the most, moreso than gold even because the demand is 100% use case driven. Instead tech stocks have been pumping?

[Anonymous No.55365004]

>>55364943

They did explode. A lot of commodity stocks pulled absolutely insane climbs from their covid lows. Many of them went +30x over the course of two years.
The problem here is that many people got in so late that we basically just bought the highs and it's been a slow trickle down ever since and one of the worst places to be in this market.
And while many of the smaller companies corrected to where they started from, a lot of these stocks are still up 5-10x and have a long way to correct downwards if the market feels like it.
Retail won't give a fuck about commodities until we get a proper money rotation into them and a real hype cycle. Until then the money is going to stick with the tech sector that's super sexy and exciting compared to stuff like miners.

[Anonymous No.55365154]

>>55365004
Meanwhile tech companies 2x in the same timeframe and stay that way. Lmao, 30%.

[Anonymous No.55365162]

https://www.youtube.com/watch?v=6qvc8kEVMS8

[Anonymous No.55365187]

>>55364851
Im not black so I will be fine.

[Anonymous No.55365202]

>>55365154

Value stocks are slightly beating growth since the Covid low. Just compare QQQ to something like IJS. It's a dip buying market and a market still in denial that the long duration party is over.

[Anonymous No.55365210]

https://www.youtube.com/watch?v=0bqn06RUbTc

[Anonymous No.55365299]

>>55365154

Read again, I didn't say 30% I said many of them went even 30x from their lowest points. Go over some of the more speculative nano caps and you'll see those kinds of numbers.
10-15x seems to be almost a standard climb in all of the smaller to mid sized ones.
Commodities did absolutely insane face ripping climbs from their lows.
If you got into any commodity companies 2019 or even 2020 you'd still be up over 5x even in many of the already beaten down names.
This is why the guys on youtube and twitter can remain so euphoric about the market compared to anyone else.
These guys were buying in at the very bottom and don't have a worry in the world, where as most people in this thread me included came in way too late to the party.
Thank fuck I can easily average down because I didn't have that much to play with, but if you slapped 5 or 6 figures into these companies last year you're having a really bad time.

[Anonymous No.55365352]

>>55364338
Costa always has the worst TA on the planet lmao

[Anonymous No.55365359]

>>55365154
>>>/o/ven
imagine coming with the you goys line and thinking to be taken serious

[Anonymous No.55365518]

>>55364338

For PM miners to go up we need a demand destroying economic bust & oil in the shitter

[Anonymous No.55365565]

>>55365518
Opec is going to likely reduce production again, to keep price levels somewhere stable. China is in deep recession, europe is in deep recession, the usa is a whore hair away

[The Dane No.55366769]

[Anonymous No.55366982]

>>55365299
>Read again, I didn't say 30% I said many of them went even 30x from their lowest points
Amazing how quickly everyone seems to forget this. Commodities are under-performing now because they're in the 'show me' phase. They're still earning out those massive valuation gains from the bull run. Unlike tech stocks, commodities tend to have a more clearly defined value so there's not going to be some massive upside until they justify their current valuations and return large dividends/buybacks, or we go into such a huge bear market that there's another washout moment like the initial reaction to the covid lockdowns.

Outside of megacaps, much of tech is actually pretty flat since 2018.

[Anonymous No.55367100]

York Harbour fucked up big time.

[Anonymous No.55367378]

>>55367100
I hope no bros here were in, and rocketred is balls deep

[PAN MAN No.55368644]

>>55367100
now thats a fuck up if i ever did see one. How on earth did they manage too loose their mineral rights after doing all that work? Did no one file assessment work???

[PAN MAN No.55368656]

also here's a great article from Mining.com on what happened with Minto Mining up in the Yukon.
https://www.mining.com/web/yukon-govt-raised-red-flags-about-copper-mine-before-owner-abandoned-site/

Not sure why the tag on my name didnt appear earlier either sorry for any confusion.

[Anonymous No.55368661]

>>55360276
Silver Miner Anon can answer all of your questions with his expert DD.

[PAN MAN No.55368939]

two other articles, one on copper and one on zinc.
Copper is getting a lot of attention, especially for existing mega mines. Existing mines just seem like the better investment for majors right now, than developing new properties.
https://www.mining.com/web/antofagasta-seeks-copper-mine-extension-with-1-2-billion-investment/

And on the other side of the spectrum we have zinc, with the closure of Tara in Ireland due to the owner Boliden having serious issues with a fire damaged smelter and lower than expected zinc prices. Zinc is critical to modern infrastructure, but its priced so low right now that producers cant make money on it.
https://www.mining.com/web/column-zinc-price-slide-claims-first-victim-as-irish-mine-closes/
Zinc stockpiles cant last for long, especially in Europe where their already seeing strain on supply thanks to this mines closure. Prices will have to correct at some point in the near future, but until then more mines will likely close and lead / zinc heavy producers will continue to suffer. I wonder what effect this will have on Hecla for example, they make most of their money on zinc and silver.

[Anonymous No.55369081]

anyone know anything about the exact political dynamics between wa state / Myanmar proper? beyond the obvious overview you can get from Wikipedia and a few google searches for thinkpieces I mean. Ideally a recent book (for background) or a podcast that covers SEA geopolitics (for more up to date happenings). trying to get a better handle on likelihood of this tin mothballing actually occurring. non-financial news source ideal though

[Anonymous No.55369086]

>>55368939
How do you reconcile with commodities and especially metal prices being manipulated or surpressed? Silver, nickel, uranium, copper, theyre all way undervalued yet any rally in price seems to bring producers to new lows

[PAN MAN No.55369130]

>>55369086
thats a good question! I am not an economist but metals / commodities pricing has always been manipulated to some degree. In more recent years however, that manipulation (at least in my opinion) has been also tampered with by outside parties, like what was going on with the london metals exchanges nickel stockpiles. The market makers got screwed by the discovery that someone had been bilking the exchange with fake nickel, major investors lost a lot of money.

Its hard to say though how much direct manipulation on price is going on with basics like copper, lead, tin compared to the precious metals. The issue with quick spikes in price when looking at it from a producers stand point is that it doesnt make them money. Producers would prefer a longer period of stable price growth than a quick spike than dump. Producers have to try and gauge the future 6 months ahead of time, and lately thats become extremely difficult.

[Anonymous No.55369212]

>>55364851
Hey Dane,

I am looking to get gold or silver Krone. Am I right to say that the Danish Mint doesn't produce such a thing?
https://royalmint.dk/shop/frontpage.html

They seem to only have nickel/copper circulation coins. Do you know somewhere reputable that would sell what I'm looking for?

[PAN MAN No.55369239]

>>55369081
I can help a bit with this, the Wa State and the National government (currently under the control of the Tatmadaw) have a relative peace agreement, going back to the early 1990s. The Wa have decided that its better to hold on to more of their own natural resources, than it is to sell them currently and are withholding new mining leases / licenses to explore for the near future. This is likely not directly connected to the Wa / Myanmar situation, but the middle men from China buying the tin or other resources. The Chinese often get accused of scalping from these different ethnic groups, especially around gemstone pricing, so its likely the Wa are fed up with this and are waiting for a better deal. It must be noted most of their Tin and Gold comes from placer deposits, and they are depleting them rapidly due to demand.

https://www.reuters.com/article/tin-myanmar-idUSKBN2WE0KH

[PAN MAN No.55369389]

before bed, another scam on the metals market!
This time tin concentrates turning out to be sand!
https://www.reuters.com/markets/commodities/gerald-groups-tin-concentrate-bought-brazil-revealed-be-sand-2023-06-21/

[Anonymous No.55369687]

>>55369389
Nothing will happen as usual

[Anonymous No.55370043]

Industrial metals and especially Copper are finally waking up. About damn time. Gold needs to go down, utterly useless right now. Copper and lumber chads have entered the game now. The moment Powell pussied out, people start building en masse... classic FED

[Anonymous No.55370493]

another new zone for NFG

https://newfoundgold.ca/news/new-found-makes-new-high-grade-at-surface-discovery-intercepting-95-7-g-t-au-over-3-25m-at-jackpot-zone/

[Anonymous No.55370805]

>>55368644
Maybe they filled out the assessment incorrectly, or sometging like that, on the day it was due. IDK. Could someone else come in and claim this, or will the authorities keep it on hold until the appeal is completed? If I was in this stock I'd be bamging on their door looking for answers.

[Anonymous No.55371072]

Go time

https://www.youtube.com/watch?v=3NLn2gORh2Y

[Anonymous No.55371833]

Why is there little interest in companies that recycle slag and tailings? I know you can get secondary metals that get discarded when processing ore, and they end up in slag pits

[Anonymous No.55371906]

>>55371833
Chinese and Indians do this now. The big smelters in the US (Asarco, etc.) have been shut down.

[PAN MAN No.55372064]

>>55370805
that depends, in BC if a claim is forfeited it comes open the next day, i am not familiar with how the laws are over there but its likely similar. York Harbor has asked to get the claims reinstated but there is a 50/50 chance that doesnt happen.
>>55370493
look at that visible gold!!

[Anonymous No.55372228]

>>55372064
Damn! 3/4 of the market cap lost on account of a clerical error. It shows the importance of competent management.

[Anonymous No.55372235]

Salt bros... what happened? ceo.ca was so bullish

[Anonymous No.55372243]

>>55372235
Profit taking, dxy going on another run, Powell

[The Dane No.55373079]

>>55369212
I'm not sure if they exist, but it doesn't look like it. I don't think we make our own gold coins.

[Anonymous No.55373159]

>>55358180
kys goldcuck

[Anonymous No.55373293]

>>55372235
On ceo.ca it's a combination of some impatient crybabies and short's fudding, if it gets a little cheaper I'm adding more

[Anonymous No.55374194]

Sell Ivanhoe.

[Anonymous No.55374218]

>>55374194
>being a stereotypical fag
>reading paid msm advertising
go back

[Anonymous No.55374232]

>>55374218
>paid msm advertising
Dipshit, it's a news release from the company.

[Anonymous No.55374239]

>>55374232
yes, paid advertising. You think jewrnos work for free?

[Anonymous No.55374261]

>>55374239
Nobody works for free, asshole. Now show me the msm part or gtfo.

[Anonymous No.55374296]

Heavy rebalanced today. Roughly. 20% Ur. 20% royalties. 10% silver miners ( not horse or FM). 10% copper. 10% onions oil. 10% utility, 10% healthcare ( cbio did alright) 10% Silica stuff. Strength and honour

[Anonymous No.55374304]

>>55374296
Wtf the fuck did onions change to onions. Maybe the next thing

[Anonymous No.55374346]

>>55374261
>@Advertisers
fuck off you retarded cat dragging in dead mice

[Anonymous No.55374366]

>>55374296
>buys soi after pump
>buys copper after pump
>buys utilities after pump
>buys silver ends the fed
>(((royalities)))
>flatcare
>(((tech)))
this is the most redddit folio I ever saw
>>55374304
>>>/b/ack

[Anonymous No.55374396]

>>55374346
How the fuck do you think these companies communicate with their shareholders? Do you think Jim Cramer distributes their news? No. They pay a news service $200 to publish their release and other outlets pick it up from there. There are regulatory requirements for timely news dissemination. How long have you been in this space? 2 weeks?
GTFO and learn something before you drivel in here, shithead.

[Anonymous No.55374401]

>>55374396
>Jim cramer
you zoomers really got fucked by advertisers selling you shit

[Anonymous No.55374468]

>>55358180
hi fellow commoditrannies
my transition is going really well. i feel like a real women now. maybe i can make money as a prostitute to make up for all my commodity losses? feeling so bullish for huge BBC right now
catch ya later sissies

[The Dane No.55374566]

>>55374468
Cryptoinvestors are weird

[Anonymous No.55374576]

>>55374566
i sold 2/3 of my crypto gains and put it into commodities then proceeded to lose 50%+ of it
meanwhile my crypto is actually almost at the level i sold it at again
true story

[Anonymous No.55374577]

>>55374566
They are just stuck at the age of high schoolers and that with mid 20 to mid 40. Report them

[The Dane No.55374602]

>>55374576
Crypto is going to 0 eventually so good on you getting out while the getting is good.

[Anonymous No.55374629]

>>55374602
stop replying to crapto faggots, report them, they need to lurk or fuck off namefag retard

[The Dane No.55374635]

>>55374629
Hey, I'm ceo of this thread, you can't call me that.

[Anonymous No.55374673]

>>55374635
no you are a larper and need to go back to your discord tbf; even if everybody there makes fun of you namefag

[Anonymous No.55374739]

>>55374673
>discord tranny telling someone else to go back

[Anonymous No.55374852]

>>55374739
You need to go back spammer

[Anonymous No.55374882]

>>55374576
>Buying commodities during a recession
Pretty much only copper remains somewhat bullish and even that is sketchy. Gold/silver are getting hugely fugged.
You buy growth during recession, are you stoopid? (mainly big tech since that's all the rage now)
Unless you managed to hit the Covid bottom, commodities are not exactly a smart play (and haven't been for many years)

[The Dane No.55375334]

Crazy how the S&P holds up this well in the face of these interest rates. So the assumption is that going from 0 to 5% rates with record leverage and being way overdue for a recession will just be a nothingburger for the economy? that's wild.

[Anonymous No.55375354]

>>55375334
Slow and steady. Stagflation until capital that only knows line go up, gets even scared in megacaps. Might lead to commodity boom, but its a big might

[Anonymous No.55376679]

>>55371906
For what purpose? Cost? Environmental concerns?

[Anonymous No.55376771]

>>55374602
Somehow and some way me and you are long lost family. The name Larson ring a bell?

[Anonymous No.55376861]

>>55376679
Both, but mainly on account of environmental controls. In the case of Asarco, it had an "environmental bankruptcy" and it's East Helena smelter is now a superfund site.
My first job was at a silver refinery and we sold and shipped our slag to them by the trailer load in 55-gallon drums. They would take any crap.

[Anonymous No.55377141]

bump

[Anonymous No.55377208]

>>55376861
Interesting. How much slag would you guys produce in a week, and what did they pay? Obviously it was feasible to pay the shipping cost, but I cant imagine their margins were great

[Anonymous No.55377457]

>>55377208
We shipped about 20-25 tons of hi-grade slag three or four times per year and it assayed anywhere between 100-200 ozt/ton. This was when silver was about $5/ozt. I don't know what the settlement terms were with Asarco since I was just a lab tech doing assays. From what I understood, it wasn't cost effective for us to process ourselves but we couldn't toss it in the dumpster either.

[Anonymous No.55377473]

>>55361096
he is a good clown. pb is (you) taking financial advice from a clown

[Anonymous No.55377545]

>>55377457
I see, so they basically used environmental regulations as a niche and was the lesser of two evils to deal with, so even at a loss it was better to sell to them. But China and India dont care about that, theyre probably taking slag like scavengers and refining it because its cheaper and easoly accessed than than mining it

[Anonymous No.55378883]

>>55374882
>line goes up
>Don't buy commidities bro growth stocks are better

>line goes down
>Don't buy commidities bro growth stocks are better

[Anonymous No.55379196]

>>55377473

Wow another financial Youtube channel with clickbait titles & thumbnails, so unique

He shouldn't be copy pasted into every OP it's dumb

[The Dane No.55379228]

>>55376771
Maybe so, I'm a Hansen though. Larson sounds swedish, here you would normally be called Larsen (son of Lars).

[The Dane No.55380229]

USD +0.4%
Gold +1.1%
S&P -0.7%
Crapto -1%

gold chads stay winning

[Anonymous No.55380372]

New hopium dropped
https://youtu.be/wRScYK6lXqE

[Anonymous No.55380407]

>interest rates are low
Better buy tech stocks!
>interest rates are high
Better buy tech stocks!
Can someone explain this to me?

[The Dane No.55380415]

>>55380407
euphoria stage

[Anonymous No.55380572]

>>55380407
Mega tech is positioned so well that rates don't really hurt all that much. They will hurt smaller companies more. Obviously, mega corps will stand resilient in the face of a potential recession. Furthermore, all mega tech had good earnings and good guidance (except for MU but they pumped anyway so who cares). Didn't you see NVDA's massive guidance?
Copperbros, we are officially done for. Down to 3.5 again. Fuckin hell I knew I should have sold at 3.9. Fickle ass commodities

[Anonymous No.55380901]

assays for this hole could be back as early as next week, might see a big jump in share price when the news release drops

[The Dane No.55380986]

>>55380572
You know when a stock trading at 40x earnings that's pretty expensive right? well Nvidia trades at 40x REVENUE. You zoomers ever read a balance sheet?
It's over for copper yeah because of the recession.

[Anonymous No.55381062]

>>55380986
NVDA is the one and only player in the AI industry and gave the market a huge guidance. It could be trading at 100x its revenue and it would still be cheap if you consider the potential gains of AI (which is the main hype going on right now). Who cares about revenue and earnings right now when you will earn trillions in the next decade with AI, bro? NVDA has full trust of the market that it will do great things with AI. As such, money flows into it.
In my opinion it's much more understandable and less risky to get into tech than commodities (for the past 10 years that is, unless you managed to score the 'rona bottom)
There is no recession in the US and new real estate production spiked like crazy this month if the statistics are to be believed. It's just China manipulating the markets again

[Anonymous No.55381214]

>>55379228
Spelled it wrong. My bad. It was Larsen. Jensen and Larsen and larsdotter and jensdotter. A whole big cluster fuck of Danish Vikings. Hopped from Denmark to Switzerland to Sweden to Denmark. My family tree is a Scandinavian cluster fuck.

[The Dane No.55381248]

>>55381062
AI is a meme.

>There is no recession in the US

[The Dane No.55381303]

>>55381214
The Larsdottir and Jensdottir names are how they do it in the Faroe Islands I believe. Crazy you have family history that far back. Seems like an american thing to have these ancestor stories.

[Anonymous No.55381479]

>>55381214
>Jensen
Shit nigga I've got that too apparently. I actually should be getting ancestry results back in the next month or two. From what I've been told of my relatives I'm expecting Irish, Scottish, Anglo and Swedish. I imagine a name like Jensen is as common as Johnson is over here though, but it's a fun idea.

If I end up distantly related to you faggots through the vikings I don't know whether to laugh or cry.

[Anonymous No.55381498]

>>55381479
>>55381303
I grew up in the mormon church and they keep very detailed records of family ancestry. Their free website familysearch.org is very good.

[Anonymous No.55381509]

>>55381479
I wouldnt be surprised. We all have similar mindsets lol. I believe genetics are a powerful thing and we dont realize the full extent. Think about how niggers like crime. We like gold and natural resources and money and realize the value.

[Anonymous No.55381979]

>>55381509
True. It all just adds divinity to the stars aligining for these threads to exist in the first place.

I've got some Masons in the family too so I won't be too surprised if there's some big nose tribe in there sadly but it would give me a holocaust card for the normies at least kek

[Anonymous No.55382049]

>>55358180
BAYHORSE

[The Dane No.55382072]

>>55381979
My mother's brother is adamant that their grandmother was jewish, but I don't know, he likes to talk a lot. They owned a large coffee replacement company back in the 1800s. It does sound a bit jewish though.

[Anonymous No.55382120]

>>55382072
That does sound Jewish. Mine were landlords. It'd be hilarious if it isn't the Vikings that link us all but the kikes lmao

[Anonymous No.55382122]

>>55382072
Your grandma was some 1940s tonder mf being a speed bump just like Fyn is in the present day

[The Dane No.55382138]

>>55382122
They lived in cph tho.

[Anonymous No.55382166]

>>55382138
Give me one of your kidneys and I'll consider asking Mrs Minkmette to forgive 1 weeks worth of rent on their 5m^2 apartment

[Anonymous No.55382426]

I thought I was all Mick and Jock, but apparently some Norse seafarers got in the mix.

[The Dane No.55383466]

>>55382426

[The Dane No.55383526]

https://www.zerohedge.com/commodities/gold-bar-vending-machines-rolled-out-south-korean-convenience-stores

[Anonymous No.55383851]

>>55383466
kek

[Anonymous No.55384016]

Stillwater critical bros….hold me close

[Anonymous No.55384028]

>>55381979
im a quarter jew but i just look at myself like blade. A half vampire who kills vampires.

[Anonymous No.55384082]

SALT hires the Ameduri brothers for promo.

[The Dane No.55384127]

>>55384028
Shalom, fellow chosenites

[Anonymous No.55384559]

>>55380372

I don't think he's wrong about the thesis, I just think he's too early because he got caught in his own hype about glowing rocks and PMs going up any day now.

I've been watching his videos every now and then and the bias in the daily videos is strong as it ever was.
Everything always looks good and about to go up even when it's trending down and increasingly losing the upwards momentum in every run.
I think he had the right idea about the time frame of the market last year when he talked about us being couple of years earlier in the cycle than we might think, but he apparently discarded that idea and is now of the mind that the commodity upswing is on right at the moment.
He should just take a breather and push back his time frame on this and say "ok guys, we're most likely going to get fucked towards the end of this year, maybe even halfway through the next"
There's no reason why the decade long commodity cycle has to be one line up, everything ran so hot that this market is probably going to slowly correct this and maybe even the next year.

I've posted this few times and I still hold onto it, the CRB index will slowly correct to the 0.618 level and the fractal from previous run supports it too.
If we're later in the cycle we should be done correcting and climbing up from this level, but if we're couple of years earlier then we'll get this type of a correction and that's what I think is the case.
And we should all hope that is the case because it gives us a last chance to load up on piss cheap companies and it will also weed out the shittier juniors who can't stay in business during that correction.

[Anonymous No.55385137]

>>55380986
I've skimmed sheets before but I don't know the difference between revenue and earnings.

[Anonymous No.55385187]

>>55384082
>begins June 26
are we about to moon?

[Anonymous No.55385293]

>>55385187
The literal kike Ameduri bros own Future Money Trends. They will subcontract this promo to their Youtube and Twitter affiliates, who will make cookie-cutter videos consisting of screencaps from SALT's website. This is going to be a low-IQ pump and will appeal to the most ignorant and weak of hands. SALT should pump, but it will dump more once the new buyers realize that Wen Lambo ain't happening.

[Anonymous No.55385358]

>>55385187
https://iknnews.com/?s=ameduri&orderby=relevance

[Anonymous No.55385504]

>>55384559
What is that blue candle stick line from?

[Anonymous No.55385514]

>>55358180
>shorted natural gas today
>it spikes
>margin call
fml

[Anonymous No.55385774]

>>55385514
>fml

[Anonymous No.55385838]

>>55361908
I'm sitting pretty on uranium, gold and silver. I think time to buy me some miners.

[Anonymous No.55385856]

>>55385293
Salt is a scam, you can just boil sea water and get salt. Even better, if you just allow it to evaporate, lol.

[Anonymous No.55385871]

>>55383466
Hallo Dansker, det er wicked mand.

[Anonymous No.55385973]

seems to me if the ads are effective the people getting in now, under .90 US, are getting a good price

[PAN MAN No.55386976]

More news out of Chile, bad weather may shut down a number of mines.
https://www.mining.com/web/heavy-rains-in-chile-cause-floods-shut-down-some-copper-mines/

[Anonymous No.55387014]

>>55385514
Nat gas is going to be a brutal crab. Gazprom got the okay to deliver to Kazakhstan for sales to Europe, 20 year contract between Germany and some US lng company i forget the name. No pimp to be seen for the next few years
You got unlucky. Increase margins playing with the widow maker

[Anonymous No.55387074]

>>55385187

>We have good news!
>Published on Friday which is usually when all companies put out the bad stuff

This fucking company I swear...
Any sustained trend change depends entirely on if they get the FS out on time and how the CEO search goes.
In my opinion they should wait until they have the FS on hand, CEO hired and then they should push the marketing as the price starts exploding under it's own weight.
Imagine if they throw money into marketing and either the FS or new CEO hiring gets delayed for months.
Well here's hoping that behind the scenes they have everything in good shape, we'll learn soon enough as the time frame for the FS coming out draws nearer.
It would kick ass if this company got sold when everything else has gotten beaten up, the money rotation opportunity would be incredible.

>>55385504

I got that fractal from a previous runup from -99 bottom.
There's two options here, we're either in that box no.1 where we do a big retracement and then continue up.
Or we're a bit further into the cycle and in the box no.2 where the retracement should stop right in this region and we should rocket upwards.
My money is on us being in the first one and we'll go down more rather than less.
I think us being further into the cycle would make this cycle a bit too quick of a thing, not to mention there's really no reason for any big money rotation at the moment.
Equities are doing well enough for people to stick with them for now and the banking sector scares are over for the moment.
Unless we really start spiking up all across the sectors, I say everyone should let most of the commodities cool off for the rest of the year, or even deep into the next one.

[Anonymous No.55388290]

Fathom Nickel (FNI) still looks cheap at ~20m market cap. I remember coming here to see if anyone was talking about it right after Crescat shilled it for the first time and all I saw were people making fun of QH and Crescat. Did anyone other than me fall for Crescats devious pump job?.

[Anonymous No.55389194]

>>55388290
A winner, good job anon. I don't remember the Fathom discussion here, but there are 1 or 2 guys who seem to fud everything so I'm not surprised.

[PAN MAN No.55390039]

https://www.mining.com/web/the-china-driven-metals-super-cycle-is-over-jefferies-says/

well that sucks if true.

[The Dane No.55391218]

>>55390039
Yeah it's over for cyclical commodities

[PAN MAN No.55392336]

>>55391218
hopefully not for too long, exploration is still at all time highs in BC and much of Canada.

[Anonymous No.55392941]

>>55360276
In the context of this weird market, down only 28% is alright for your commodity portfolio. I would prob add to Poo Lagoon, QH seems very sure they are a good one. I used to hold Bayhorse and Impact but I sold to put the money into better specs. Impact is fine but it never seems to move much so i didn't want to just hold forever when there are stocks moving.

[Anonymous No.55392955]

>>55392941
When silver moves big impact responds pretty well. They just suck to hold when silver isn't moving.

[Anonymous No.55392963]

>>55390039
It is, and it's going to become worse. The article is very optimistic.
>Service oriented
China is going back to third world status that begs for food

[Anonymous No.55393015]

>>55364604
Between Bayhorse and Galleon you have 18.5k, sell and move into something that can give you a double. Then rebuy your bags if you are still attached to them. A stock I think could 2x quickly from here is Tectonic Metals, they just did a big raise and have a nice drill program starting soon, lots of excitement around it too. It's a Crescat stock and they like it a lot. The CEO also has major skin in the game and a good track record.

[Anonymous No.55394817]

>>55364604
Galleon webinar Tuesday

https://redcloudfs.com/rcwebinar-ggo-5/

[Anonymous No.55394818]

Sunday bump

[Anonymous No.55394852]

>>55392941
>QH
>>55393015
>Crescat
NGMI with serial destroyers of capital

[The Dane No.55394886]

>>55393015
>>55394817
How did we make it 8.5 hours without a bump, that's crazy

[Anonymous No.55394913]

>>55358180
>>55363220
>>55369086
>>55385838
>uranium
spot has pushed through 55/lb
contracts have come in at 65/lb already, months ago
secretive fund zuri has been buying but will not report NAV for a few months, quarterly thereafter: price hikes will cause each of these reports to be a bombshell
zuri gives wealthy and ultrawealthy an avenue to invest in nuclear with effective anonymity through switzerland financial system so they can continue being "green" in public posture
not a single reactor/plant plan for 2+ years is delayed or cancelled, operators are and will continue buying
HALEU production approved in US and begins in fall
latest fuel RFPs for later stages of the fuel chain are only partially filled -- which means we're going to the mines
get ready, retards

[Anonymous No.55395308]

>>55394913
Been saying this and Justin has been saying this as well.

[Anonymous No.55395599]

>>55394852
Crescat has some winners but Novo has been a disaster, thankfully dodged it

[Anonymous No.55395673]

>>55395599
>some winners
No doubt, but that's inevitable based on the amount of companies it shills. I think QH is the most overrated individual in the mineral exploration space. He found that it's much easier to make money shilling stocks than discovering mineable deposits.

[Anonymous No.55395970]

>muh Gary
>down $20k
What did /cmmg/ mean by this?

[Anonymous No.55396145]

>>55385358
>IKN

CAPTCHA 4PAYPN

[Anonymous No.55396931]

>>55394817
Looking to dump 2k to
Slurp galleon

[Anonymous No.55397366]

Oh, noes, Brunswick broes! How can this be? The retard just can't stop winning!
>YoU'rE gOiNg To GeT lIqUiDaTeD
There will be epic cope and seethe here once I realize yet another spectacular victory.

[Anonymous No.55397386]

Laters, broes! I'm jetting off to Iceland now with my recent winnings to improve the gene pool. It's always nice to give something back after taking money from chronic suckers.

[The Dane No.55397459]

>>55397386
>le 56%
>improving icelands gene pool
umm

[Anonymous No.55397764]

>>55397366
>>55397386
>Iceland
Not Japan? Wake me up when you have a 10x.

[Anonymous No.55397813]

>>55394817
>>55396931
I'm going to watch this, curious about the bulk sample plan and cost.

[Anonymous No.55398058]

Oof

[The Dane No.55398114]

>>55398058
>He doesn't know Graeme is suppressing the stock intentionally to let all the faithful accumulate millions of shares so they make more money when they go to dollar town
we got a summerfag over here

[Anonymous No.55398308]

>>55397386
>to improve the gene pool
you're gonna kys?

[Anonymous No.55398520]

>>55398114
That's actually a brilliant plan, and he's been creating tens of millions of new shares for us to but too, what a guy.

>>55394886
>How did we make it 8.5 hours without a bump, that's crazy
No idea, thought the general was dead.

>>55394852
I never bought Novo and was always skeptical about that one. You can't trust anyone not even QH, but I do like using Crescats companies as a short list to narrow my DD and pick the few I think are the best.

[Anonymous No.55398725]

>>55398520
>>55398114
I'm tempted to just find stocks that did a R/S and have the typical long-term chart pattern and short them

[The Dane No.55398840]

>>55398725
Then one of them is the 1 in a 1000 that actually hits it big and you get financially obliterated.

[Anonymous No.55398957]

>>55398840
And that's where your risk management and position sizing comes in. Even if there's a gap up and it pops off 10x and your SL/MO doesn't fill, you should still be able to offset the losses comfortably.
Or you can eg go long on a silver miner etf while shorting a specific miner you know is a scam.

[PAN MAN No.55400214]

https://www.mining.com/web/us-senate-overwhelmingly-backs-tax-treaty-with-chile/

This could be interesting, Chile and US need a tax treaty, ensuring access to materials.

[Anonymous No.55400222]

>>55358180
This guy talks about his experience.. can't tell if he knows his schtuff or not...

https://podcasters.spotify.com/pod/show/unionoftheuknowns/episodes/43---Banking-with-Cool-Water-e25t8pn

[Anonymous No.55400312]

>>55400214
Right and what does SA have a lot of? Silver and copper

[Anonymous No.55400337]

>>55360962
what I am skeptical about is trusting "spot price." If silver is suppressed as people are saying, can't it stay that way long till after youre dead?

[Anonymous No.55400372]

>>55400337
Counterpoint: its extremely liquid and silver bugs would probably buy it at spot

[Anonymous No.55400632]

>>55395970
Living rent free. Still.

In the time you've been sulking about the assraping I gave you three months ago I've taken up mushroom farming and bee keeping. I'll be moving out onto my ten acre property soon and begin doing these on a commercial scale. I've also began to pursue my second degree, a finance degree and am earning A's in my classes and witnin the next year ill be transferring to nationally recognized business school. My professors also love me (because im personable, charming and goodlooking which you are none of those things) and they've asked me to be the president of the business society for the college next semester.

The point is like I said months ago, every second that goes by you continue to live your shit existence and I continue to live my awesome one. Every time you make posts like this, I will remind you of that fact, and the more time that goes by, my existence will continue to get better and better while yours will either stay the same or only marginally rise and then peak. If you got that butthurt about an argument we had six months ago, I can't imagine how butthurt you'd feel knowing that every minute of my life existence is continuous self improvement, self love, and pure bliss while yours is the lameness and gayness which causes you to make lame and gay posts like that.

[Anonymous No.55400646]

>>55395970
Oh and I've already recouped the short term and small loss of $20k that I took a couple of months ago. I told you multiple times. I'm sitting in cash now (partially) on my greater than six figure portfolio waiting for the next move in metals before I take a swing.

[Anonymous No.55400653]

>>55395970
So why do you matter as a person again? Because from my perspective it seems like you're insignificant?

I think that was the sound of my balls resting on your face. If you're a fed you should kill yourself.

[Anonymous No.55400981]

How is lithium? Am I too late to the party for it to go anywhere?

[Anonymous No.55401635]

>>55400981
>Am I too late to the party for it to go anywhere?
Yes.

[Anonymous No.55402428]

Salt frens...

https://ceo.ca/@globenewswire/atlas-narrows-search-for-new-ceo

[Anonymous No.55402446]

>>55400653
They are jews, advertising jews working for GenX failures

[Anonymous No.55402639]

Energy index (DBE) doing quite well for me today, but for the past month its been very volatile. Technicals look great imo, so I think I made a decent pick. I think uranium is also worth a punt soon.

I've also recently picked up palladium, which has been taking a beating for a solid month. I do think there isn't much more downside risk, however, so I think I made a good choice. It's one of the few metals that look good on chart,

[Anonymous No.55402687]

>>55371072
This was probably already discussed here, but over 90% recoveries in tests.
https://ceo.ca/@newswire/scottie-resources-reports-positive-initial-metallurgical

It is just a waiting game at this point, how much will they have to dilute before someone buys them out. Not sure in how much hurry ascot is in, they did talk about Scottie specifically and they likely want to consolidate in the area since they own one of the three mills there, but there are other projects as well, so they can take their time. Let's hope for some M&A action in the area, any buyout should be good for Scottie as well

[Anonymous No.55402690]

>>55402639
Demand for energy carriers is not rising

[Anonymous No.55402805]

>>55402690
Noted. My insight for energy was purely from technicals. You've prompted me to look more into fundamentals, thanks. I'm mostly into agri so energy and metals are newgrounds for me.

[Anonymous No.55403116]

>>55402446
Either that or feds. Fuck em either way.

[The Dane No.55403322]

>>55400632
Red stock is mooning, very based.
>>55402687
There is still a lot of exploration upside while waiting for a buyout. Finally getting a resource would also be nice and could be a catalyst.

[Anonymous No.55403944]

>>55402805
Yeah, metals is also ogre. Agri is where I am currently a bit on the uncertainty. At one hand I expect a correction which kind of started at the other hand due to weather prediction (not very reliable) and political tensions I expect more upward. It's difficult with Agricultural commodities right now

[Anonymous No.55404173]

>>55384082
>>55385187
wtf, look at that volume, I love the Ameduri bros!

[Anonymous No.55404413]

>>55403322
I'm pretty much in a holding pattern right now. I think come August and September metals will be up big. Maybe even bubble phase. I'm sitting on a large cash posistion and waiting to deploy. Scottie looks good for a buy but that's just been based on following them for the past couple years. Haven't done any deep dives.

Guanajato also released their pea for Cuba and it had a 480% IRR.

[Anonymous No.55404421]

>>55404413
El cubo*

[Anonymous No.55404490]

>>55403944
>It's difficult with Agricultural commodities right now
Absolutely. Said this in a prior thread: wheat seems like the only agri commodity that seems to have a lot of upside growth relative to downside risk. Fundamentally, war tensions in Ukraine obviously drives the price and with the latest developments of mutiny, Putin will likely show his dick and may go a bit over the top to assert his power. On the other hand, harvests typically start in Aug-Oct, potash seems to be doing poorly and supplies seem adequate.

Commodities look shit in general. My portfolio is kinda looking like ~33% * 3 split between equities, fixed income and commodities. I'm looking to reallocate more into fixed income.

[Anonymous No.55404550]

>>55404413
Scottie is like a coiled spring right now. I'd have GTC stink bids running all the time if I had dry powder.

[Anonymous No.55404559]

>>55404490
>Mutiny
You don't understand the Russian soul. The way it was solved strenghtened Putin and as Vucic and Erdogan remarked everybody is aware that Prigo didn't act on his own merit and behind closed doors came clean to Lukachenko. The results are going to be catastrophic for the west on an international political level
With the other points we agree, everything looks fubar, but how fubar, yeah we see in August

[Anonymous No.55404673]

>>55403322
Scottie probably has a fair bit of a resource priced in. I'd probably be selling if it just doubles from here without some really stellar news. We know it's pretty solid project, but it's going to be a slow grind up and a buyout if everything pans out, not something explosive. That's my read on the price action and the project. Not that my thoughts have any value

[The Dane No.55404731]

>>55404413
>Guanajato also released their pea for Cuba and it had a 480% IRR.
I saw that, haven't checked it yet though.
>>55404673
Mkt cap is US$55M now so it's not one of the cheapest plays ofc but the resource is great and there will soon be two producing mines nearby. These ounces could easily go for $100-$200/oz considering they may be low risk $500/oz net profit ounces. Can't remember what my napkin math showed but I think we should be well above 1Moz already.
I have a position and I'm just holding at this point. I would probably also sell if I could right now for 50c as there are other very good opportunities out there. But still a decent play at this price, relatively low risk imo.

[Anonymous No.55404786]

>>55397366
Imagine framing your shitposts in this thread of losers like that.
>another spectacular victory
Lmao

[Anonymous No.55404819]

>>55404786
Why are you here? Why not go back if it's only lOsErs according to you?
Leave, stay gone

[Anonymous No.55405160]

>>55404819
To read your retarded posts and laugh at the stupidity.

Seethe more.

[Anonymous No.55405884]

>>55405160
Get lost. Go read twitter retard

[Anonymous No.55406105]

>>55404731
If I had a posistion I'd hold It too. I'm the the posistion of looking for a posistion lol..

[Anonymous No.55406304]

>>55405884
Why would I read twitter? Stop projecting how you waste your time on me, faggot.

Keep seething.

[Anonymous No.55406385]

>>55406304
Why would you read the posts of people you consider losers, retard

[Anonymous No.55406444]

>>55406385
Can you read, retard?
>>55405160
>To read your retarded posts and laugh at the stupidity.

[The Dane No.55406523]

>>55406444
fuck off loser retard nigger jew
>>55406105
Stick to gold, cyclicals will get fucked by the recession

[Anonymous No.55406529]

>>55404559
Ah well, I can't say that I have been reading unbiased news sources on these events. But your reply has left me with more uncertainty. I'm making decent money on grains, but I'm also not sure if I should unload, and when. Only thing I'm certain of is that I need to reallocate from commodities to fixed income for Q3-4.

[Anonymous No.55406603]

>>55406523
>fuck off loser retard nigger jew
Says the allegedly 249IQ retard.

[The Dane No.55406623]

>>55406603
you looking for an IQ battle?

[Anonymous No.55406629]

>>55406529
What news sources? Are you believing the "news" American "news". Good lord

[Anonymous No.55406654]

>>55406623
The fact you respond seriously is the peak of hilarity.

Call me a nigger again.
>verification not required

[The Dane No.55406682]

>>55406654
nigger

[Anonymous No.55406702]

>>55406682
The blind truly lead the blind here.

[Anonymous No.55406735]

>>55406523
>jew
>>55382072
your uncle was right

[The Dane No.55406862]

>>55406735
Don't care about being 1/8th jew, I don't have a jewish spirit. Even the reich wasn't that strict, even red could have been hitlers top guy.

[Anonymous No.55406905]

>>55406862
>describes his matrilineal kike descent
>not a kike in spirit
kike cope

[Anonymous No.55406937]

>>55368644
Does Nevada Copper look like a serious company? I ask because I might have a job offer there.

[Anonymous No.55406990]

>>55406629
I read news from various sources.

[PAN MAN No.55406998]

>>55406937
Not sure but i can look into them for you. I swear we have looked at these guys in the past but i cant find them in my history. They have some serious infrastructure in place at Pumpkin Hollow (what kind of name is that?). Neat spot, any idea the kind of work your going to be doing?

[Anonymous No.55407024]

>>55406990
I haven't seen one msm or other journalist piece the Prigo "mutiny" together correctly, glowing svr accounts in comment sections offered enough to piece it together I think. On grain, corn and soi took big shits today, wheat is still holding up, my gut feeling says run for the hills currently, but I loaded up on soi and some corn, might regret. Luckily still have a well funded vix position I took just in case

[Anonymous No.55407030]

>>55406998
I'd be an underground miner, equipment operator.
If you could look into them, I'd appreciate it.
They do indeed seem to have some serious infrastructure in place.

[PAN MAN No.55407550]

>>55407030
Congrats! Get prepared for indoctrination and your first few weeks being a bit of a pain but its great work, especially UG in Nevada. Operating machines underground can be a bit tight at times but its a great gig!

They seem to be a pretty serious operation but I dont have a lot of info on this company, i ll give it a go after i have some burgers.

[Anonymous No.55407595]

>>55407550
Thanks very much. I look forward to working underground in a metals mine.

[PAN MAN No.55407709]

>>55407595
remember your ear pro! Also carry water at all times, you will find its no fun to have to walk back a mile down drift to get to a station. Also always keep an eye on dust levels in the drive or area your assigned to. If its too dusty, request water spray downs from your supervisor. Wetting the workings keeps dust down and keeps your lungs happy. The last place i worked at UG was already very wet to begin with, but the air was full of black graphite, respirators were needed at times.

[Anonymous No.55407806]

>>55407709
Will do.
Thanks so much for your advice.

[Anonymous No.55407827]

>>55407709
What is the work like as an equipment operator in an underground metals mine? Is it like drilling, using a haul truck, bolting the roof etc.?

[Anonymous No.55407879]

>>55407827
It's a trap. Like the "work on a swimming bomb" threads, basically a "go kill yourself" trap. Stay out of mining.

[PAN MAN No.55407893]

>>55407827
depends on your surface operators skills. If your a total greenhorn to operating, you might not even get on a piece of machinery for a while, until your shift boss and supervisor think your safe enough to handle the gear your working around.

Working UG is very different than on surface, every turn has to be thought about, backing up is a chore that you will be doing all the time. Radios may be present but usually everything is digital communication with wifi setup throughout the workings.

If your already pretty good on say a loader or haul truck on surface, they may put you in a truck first and than switch you every few days between scoop tram (loader) and haul truck. You may also find yourself in a drill crew doing stope work, borring production or cable bolt holes with a "PLH" like pic related. Get ready to be thrown at all sorts of strange and often antiquated gear.

[PAN MAN No.55407910]

>>55407827
oh also get used to "barring down" all the time. I mean anytime your walking down the drive and you see bay station, there will be a scaling bar with a guard on it waiting for you. Often the drive or working will be covered in mesh, if you see anything loose on the material behind the mesh, bar it down. If its fairly large get some buds to help you, then report it to your supervisor so the mesh can be tightened up with a bolter.

[Anonymous No.55407999]

>>55407893
>>55407910
I have some experience operating a scaler and haul truck in an underground limestone mine, but metals will be different.
Underground limestone mines are room and pillar. How do underground metals mines work? How are they laid out?
Just follow the ore?

[Anonymous No.55408028]

>>55407910
Also, are metals found mostly in igneous rock? Working in a limestone mine I was dealing with sedimentary rock.

[PAN MAN No.55408053]

>>55407999
That heavily depends on the type of deposit your working, but for the site your going to be at, this pic should explain a lot. In underground, your usually working in drives that access above or below "stopes" (imagine a vertical gallery where the ore drops from) or from block and pillar setups. Stoping is the most common way to underground mine but it all depends on the shape and style of the mineral system.

At your site, it will work nearly identical to pic related, an adit or portal spirals down to a set of main drives or levels, from which the ore body is drilled for blasting or ore is drawn from. Usually they are spaced 100m or more apart, but this can be different per location.
Ore is drilled for blasting on one level, often from multiple locations at once, the blast is below this level in the ore body, and drops down to a haul level for recovery. Material is then hauled to the main shaft and fed into an "ore pocket", then into skip cars in the shaft and to the surface.
often waste is sent back down in a slurry form or as solid material to back fill existing worked out areas, to keep workings nearby stable.

I can go into great detail if you wish on these setups, the company website has a model of their workings you can look at as well, its a pretty complicated site.

[PAN MAN No.55408095]

>>55408028
metallic minerals can appear in pretty much any rock type, as they are brought in by other events such as fault movement generating quartz veins or from all manner of other environments. Copper is most often associated with massive volcanic plugs of rock called "porphyrys", their intrusive igneous rocks that bring up metal rich solutions as they penetrate local basement rock. Other metallic deposit types can form on the flanks of these massive structures too but i wont go into that to much.

Pic related is how the most common gold deposits form for example.

[Anonymous No.55408109]

>>55408053
Please go into more detail. I am learning a lot and don't know much about metal mining. I know a decent amount about limestone mining but that's simple compared to what you're describing.

[PAN MAN No.55408199]

>>55408109
In traditional mining, you have a team of guys with jacklegs doing your development and actual mining work. This is tedious and dangerous work, that while still in use is slowly being phased out for total mechanized work with remote controlled gear. Often in more modern mines, you will not be in the LHD / Scoop tram, your operating it at a distance from the draw of the stope. This is for safety, as men cant be working below unsupported ground. During development work, or after a blast, its important to stabilize the work site before anymore activities happen. Bolting and mesh go up then your guys go in to do final clean up by hand with scaling bars.

You dont often see a shaft in mines anymore, with most places going totally mechanized everything comes and goes up and down a long set of ramps to a portal. Ore in such a mine is stored in pockets or stalls off a main drive where it can be loaded by a different team or shift later. The materials driven up to surface in haul trucks to a sorted out site, often based on if its PAG or NAG rock. (Pag means possibly acid generating and nag doesnt).
Each mines different but the same thing is going on. Ore is getting drilled and blasted, its getting hauled or stored and brought to surface. Development work is planned based on how the body is shaped and on how little dilution can be done during prep.

[Anonymous No.55408218]

>>55408053
That common UG metals mine setup picture looks like this one, from the company website.

[Anonymous No.55408234]

>>55408199
>Often in more modern mines, you will not be in the LHD / Scoop tram, your operating it at a distance from the draw of the stope.
What are the controls like?

[PAN MAN No.55408281]

>>55408234
pretty simple actually, basic joy sticks at a station in a big hardened cage setup, along with your aux gear like lights and camera screens. Other setups are just a little controller thats more portable but still wired to a big RC transmission box. In both setups your well away from the machine, and usually using cameras to see what the machines facing. The setups are pretty intuitive, you pick it up pretty quick.

[PAN MAN No.55408289]

>>55408281
pics related

[PAN MAN No.55408299]

>>55408289
>>55408281
and you can still switch the machine back to manual control when you wish, setups like this are for when your operating in sketchy territory. Its better to have the scoop squished by the back of a stope caving down than you being in it.

[Anonymous No.55408316]

>>55408289
>>55408299
Awesome stuff!

[PAN MAN No.55408331]

>>55408316
heres an example of why the industry is going for remote setups.
https://twitter.com/i/status/1669758156807843845
A scoop gets utterly demolished, glad no one was in there! Also in general a great thread on how to overcomes such a cave in and recover the ore.

[Anonymous No.55408347]

>>55408331
Can really hear the roof working in that video

[PAN MAN No.55408367]

>>55408347
whats nuts is this sort of thing can happen at random! There were multiple times at the last place i was working where parts of the back or the sides of the drive just up and slid off, and blocked work for a few days til things could be stabilized. Some ground is just crap, and likes to move.

[Anonymous No.55408386]

>>55408367
The Nevada Copper website mentions using
>Operation of underground haulage equipment, AD 30 haul trucks, Cat 1600 LHD’s, Cat 1700 LHD’s.

Do you know if these have the remote control option or if they don't? I haven't operated these, just a non-articulated haul truck and a mechanical scaler.

[Anonymous No.55408390]

>>55408367
Worst I've had in the limestone mine is pieces of back, maybe a few millimeters thick and like sheets a few inches wide, fall around me.
But I want to do metals mining. It seems so much more interesting!

[Anonymous No.55408402]

>>55408367
This ended up happening in a limestone mine I almost ended up working at.
https://www.msha.gov/data-reports/fatality-reports/2022/january-7-2022-fatality/fatality-alert

[PAN MAN No.55408415]

>>55408386
haul trucks are usually always manned as their away from unsupported ground, its the LHDs that will likely have auxiliary support for remote control, especially in a mine of this scale. If your going to be operating them, you will be well trained before hand.

[Anonymous No.55408432]

>>55408415
I am excited for all this. I looked up the CAT R1600 and R1700 LHDs and they can be remoted operated.

[PAN MAN No.55408446]

>>55408432
it takes some time to get used to driving sitting sideways but their fun machines to work on. Jumbo is my favorite though, bolter work is never boring either. I hope you do well at your new site anon!

[Anonymous No.55408458]

>>55408446
Thanks, PAN MAN! Your knowledge has been very insightful for me.

[PAN MAN No.55408475]

>>55408458
always a pleasure!

[Anonymous No.55408974]

>>55406862
Haha.

[Anonymous No.55409575]

w-we will be rich one day I promise.....

[Anonymous No.55409687]

>>55404731
>there are other very good opportunities out there
Doesn't feel that way. Everywhere I look it's either lifestyle or overvalued, but maybe I'm just a retard.

[Anonymous No.55409968]

>>55394817
just registered to watch

[The Dane No.55410083]

>>55408974
https://youtu.be/5LfAu-evUl8

[The Dane No.55410118]

>>55409687
Yeah well, can't say I have had much success with these stocks yet so maybe you're right. But I still believe in the junior dream.

[Anonymous No.55410130]

And should have listened to my gut, agri correction accelerating

[Anonymous No.55410207]

>>55409575
Mario has been buying PMs for 20 years now
Compared to us he's rich

[Anonymous No.55410769]

>>55410118
>maybe you're right
Probably not, I'm just demoralized. Just picked up some GSVR today. It still might have some room to fall as Gold finishes the ICL but whatever

[Anonymous No.55411327]

Vortex Energy which is the copycat hydrogen storage play, is very shortly eclipsing Salt's market cap.
They're up about 16x since January.
Imagine buying a pump and dump when you have the real deal just sitting there on the cusp of blowing up with a far better dome and a record salt property.
Not to mention it's likely the state has chosen it as the hub for all of the energy production in the region.

But it really shows that these turtle pace moving cunts should be getting TPR trading sooner than later.
They shouldn't allow competition like Vortex to capture the mindshare as viable competition. TPR should be the first and the only option in people's minds here.
I say fuck shopping it around for a buyout at this point because it doesn't seem to be materializing for whatever price they're looking for.
Just get it trading as quickly as possible and let the big players miss out on a discount if they haven't been willing to buy it right off the bat by now.

[Anonymous No.55412400]

>>55394817
about 25 mins to start

[The Dane No.55412810]

>>55412400
boomer tech

[Anonymous No.55412912]

>>55411327
are affordable hydrogen batteries really viable or a pipe dream?

[Anonymous No.55413020]

>>55412912

Doesn't really matter.
Governments all over the world have already decided to build a shitton of hydrogen infrastructure regardless of how much sense it makes. This stuff is already being funded and built.
Now it's just a race for these companies to get a piece of that government subsidized pie, because this hydrogen stuff is coming fast.
By 2025 they already want it up and running, so if the companies aren't in right the fuck now, they're going to miss out on being the first.
Which is why I want TPR to get out there into the public consciousness and trading as fast as possible.
Mindshare plays an incredibly huge part in today's markets and they shouldn't let it go to any of these competitors and allow them to solidify the idea that they're the no.1 play in the game.

[Anonymous No.55413187]

>>55404731
Yeah it is not an absolute steal, but I'm pretty comfy holding Scottie. Buying solely for the resource isn't that exciting, but all the rest is good

[Anonymous No.55413228]

>>55413020
i suppose they can mine btc with it if all else fails lol

[The Dane No.55413769]

Anyone else following the baru gold debacle? it's kinda like bayhorse, but in Indonesia. It even looks like Bre-x owned their ground at some point. I think this one has more potential though.
one last ride bros?

[The Dane No.55413856]

>>55413769
the ceo is spunky

https://youtu.be/vcZvhWO87VU

[Anonymous No.55413867]

>>55413856
>GenX
>Hispanic
That's a scammer

[The Dane No.55413877]

>>55413867
His name is Terry Filbert, I don't think that man is mexican.

[Anonymous No.55413905]

>>55413856
what are the benefits of investing in third world countries with corrupt governments?

[Anonymous No.55413908]

>>55413877
He sounds Hispanic, or what accent is that. Either way, GenX selling rock mining, that is worse than a 19th century gypsy selling snake oil

[The Dane No.55413909]

>>55413905
it's not in the us luckily

[The Dane No.55413942]

>>55413908
I don't think he sounds hispanic at all. He has an apartment in Canada, maybe that's it. Those canucks do sound goofy.

[Anonymous No.55414068]

>>55413942
You are right listening to it closer, could be a Quebecois trying to speak English, even worse. Never trust a French neve trust a Canadian, shoot a Canadian Francophone on sight

[Anonymous No.55414157]

>>55408475
Hi PAN MAN. I am stoked for the copper job but was wondering what your view of coal mining is. I have a job offer from a union coal company and it pays really well and has health insurance where I pay no premium.
It's a longwall mine, probably simpler than a metals mine. What do you think of coal mining?

[Anonymous No.55414199]

>>55414157
I'm just looking for expert opinions before making a decision on a job.

[PAN MAN No.55414742]

>>55413769
no but got a run down of what happened? There are too many of these little companies to keep track of.

[PAN MAN No.55414762]

>>55414157
coal mining can pay well but I wouldnt suggest getting into it professionally, especially not underground. Its far more dangerous work than your typical hard rock mining, far more potential for ground to fail. I dont have much personal experience in that sector, most coal mining I ve got to be around is open pit up by Tumbler Ridge. Underground coal mining is similar to metals mining but instead of multiple levels its usually one single level working across a wide coal seam. Long wall mining is really neat but again very sketchy if the ground isnt stabilized properly.

[Anonymous No.55414951]

>>55414762
Yes, I'm leaning toward the copper mine job. It sounds more exciting anyway.

[The Dane No.55415068]

>>55414742
Construction has been 2 more quarters out for years now. They have had a big problem with organized illegal miners on their site and then permit issues. Seems like they have government backing now, but it's a bit hard to be sure. They want to start up a 1koz/month small scale op and then scale to 50koz/year. They are trying to get a gold loan for capex, apparently they only need $10M to get started. Very tiny mkt cap. They only own 70% of the project btw.

[Anonymous No.55415114]

You lost

>>55414115
>>55415011

[The Dane No.55415137]

>>55415114
literal chuck e cheese tokens

[PAN MAN No.55415937]

>>55415068
oh lovely local miners must be thrilled to be getting kicked out for some foreigners to work there instead. That will be a massive headache to deal with for sure.

[Anonymous No.55416325]

BTC going up AGAIN. Your trash will do down tomorrow AGAIN.

[Anonymous No.55416498]

fresh: >>55416486