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/biz/ - Business & Finance


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File: 31 KB, 474x315, Coal longwall system.jpg [View same] [iqdb] [saucenao] [google]
58369461 No.58369461 [Reply] [Original]

Longwall Mining Edition

Commodities include
>Precious metals
Platinum, Gold, Silver
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Nickel, Zinc
>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
>Mining Specific
Kitco Mining, Crescat Capital, Mining Stocks Education, Crux Investor, Metals Investor Forum, Resource Talks, Vancouver Resource Investment Conference, Rule Investment Media, Hedgeless Horseman
>Market Commentary
Peter Schiff, Liberty and Finance, Finding Value Finance, Commodity Culture, Palisade Gold Radio, Sprott Money, Rob Kientz, Mike Maloney, Macro Voices, Decouple Podcast, Saxo Market Call
>Twitter Pages for Mining News
JrMiningNetwork, JuniorMiningHub, KitcoMining, MinerDeck, MiningVisuals, Mining

>What is Austrian economics?
https://mises.org/what-austrian-economics
>What has government done to our money? - Murray Rothbard
https://mises.org/library/what-has-government-done-our-money
>The mystery of banking - Murray Rothbard
https://mises.org/library/mystery-banking
>Profit & Loss - Ludwig Von Mises
https://mises.org/library/profit-and-loss-0
>Must Read: Gary Allen, "Hunt for Silver"
https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf
>How to play the exploration stock
https://www.youtube.com/watch?v=DxxZOA403dY

Previous: >>58331993

>> No.58369486
File: 464 KB, 1896x1225, IMG_0168.jpg [View same] [iqdb] [saucenao] [google]
58369486

oil
coal
uranium
anime girls

>> No.58369574

>>58369486
How do I long anime girls?

>> No.58369639
File: 1.49 MB, 480x600, 1659188608976166.webm [View same] [iqdb] [saucenao] [google]
58369639

>>58369486
silver
gold
bullets
gamergirl bathwater

>> No.58369673
File: 2.34 MB, 1499x728, 1675432456765435.png [View same] [iqdb] [saucenao] [google]
58369673

>>58369486
>>58369639
The duality of man.

>> No.58369748
File: 1.32 MB, 809x573, Coal continuous miner.png [View same] [iqdb] [saucenao] [google]
58369748

Many people don't know this, but nuclear power is slowly being phased out in the USA too in favor of renewables, which currently supply about 10% of electricity. Nuclear and coal plants are being shut down and natural gas plants are under siege by the green activists. They want 100% wind and solar power. If I recall correctly, Europe has been shutting down nuclear power stations for some years now.

>the planned retirement of 83 GW of fossil and nuclear generation over the next decade creates blackout risks for much of the country. The grid monitor also noted that another 30 GW of capacity is expected to close but the plans aren’t yet final.

https://www.countoncoal.org/2024/04/new-paper-epas-grid-crisis-collides-with-surging-power-demand/

>> No.58370140

>>58369748
>but nuclear power is slowly being phased out in the USA
Oil & Gas lobby at it's finest.

>> No.58370203

Scottie Gold getting looked at for investment is a great sign!

>> No.58370231
File: 1.96 MB, 1152x768, Coal for coking.png [View same] [iqdb] [saucenao] [google]
58370231

>>58370140
That's a big part of it. I'm starting to hate natural gas. Trump killed their ass and didn't keep his promise to help the coal industry. And records amounts of oil and gas are being produced by the USA under Biden.
The oil and gas lobby are supremely powerful in the United States and nuclear and coal take a distant backseat to them.

>> No.58370383

Holy fucking shit

https://www.youtube.com/watch?v=FBDLN4D7B9M

>> No.58370417

>>58370383
i saw an article about this that said the sales data for gold at costco was almost entirely 20/30 year olds which is interesting to see.

>> No.58370502

>>58370231
*Trump kissed their ass
lol

>> No.58370833

>>58369748
>and natural gas plants are under siege by the green activists
in reality natgas consumption keeps increasing. Natty is cheap and abundant, it's therefore in great demand as well

>> No.58370856

>>58370833
>in reality natgas consumption keeps increasing. Natty is cheap and abundant,
In the south of the USA yes.

>> No.58370874

>>58370856
Everywhere but the west coast. The Marcellus field is the largest on earth. It just doesn't get to New England because they refused to build pipes for bullshit reasons.

>> No.58370888

>>58370874
>Everywhere but the west coast.
Sure, but elsewhere in the world It's isn't so cheap.

>> No.58370891

>>58370833
Yes, natural gas is on the up and up, but the greens hate it now and want it replaced with windmills and solar panels.

>> No.58370895

>>58370888
I thought we were talking about the United States only sorry.

>> No.58370914

>>58370874
It's funny because in the 90s, California proved their greenness by using natural gas instead of coal for much of their electricity. Now, the west coast hate natural gas.
Someday they'll think solar and wind are too destructive and will want to go without electricity entirely. This is the trajectory they're on.

>> No.58370929

>>58370856
also in the USA and Canada. Natgas, natgas everywhere. And they're even beginning to liquefy and export the stuff.
https://fred.stlouisfed.org/series/NATURALGAS

>> No.58370947

>>58370874
>The Marcellus field is the largest on earth.
Is the Marcellus even larger than the gas fields in Russia?
As far as I know, Russia has by far the most natural gas in the world, just as the US has by far the most coal. But that doesn't mean the single largest gas field is in Russia.

>> No.58370961

>>58370947
Yeah I may be wrong on that lol.

>> No.58370975

>>58370891
The greens are also against windmills lmao. In their world, no development of any kind is acceptable.
https://gizmodo.com/anti-wind-farm-activism-is-sweeping-europe-and-the-us-c-1829627812
https://www.cbsnews.com/philadelphia/news/dozens-protest-against-offshore-wind-farm-along-jersey-shore/
https://www.buzzfeednews.com/article/josephbernstein/facebook-groups-wind-turbine-construction

>> No.58371007

>>58370975
The extreme greens are against the agricultural revolution that began 12,000 years ago.

>> No.58371226

>>58370203
The pumpers showed up for Scottie on https://ceo.ca/SCOT yesterday. One is Shawshank, and someone with that handle on Stockhouse showed up at Barkerville Gold (not sure if the symbol was IWA, WGM, or BGM at the time) and I made money there, so I won't complain.

>> No.58371409

>>58371007
But they won't stop eating

>> No.58371441

>>58371409
They don't think straight. Plus most deep greens are hypocrites.

>> No.58371442

>>58371409
Kek.

>> No.58371462

>>58371226
oh did Osisko Dev have some good results or something? Those guys have been down hill for months on their stock.

>> No.58371548

>>58370383
Bro, perhaps the cartel got a position in gold and are letting it rip.

>> No.58371665
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58371665

do we take out $2400 soon?

>> No.58371788
File: 1.03 MB, 2664x2401, Coal Mine longwall.jpg [View same] [iqdb] [saucenao] [google]
58371788

Well, I might have an offer in a metallurgical coal mine in West Virginia. This mine is within commuting distance of the friend's home where I usually stay while on mining projects in that area. It's a mansion. This friend, who is like a second mother to me and says I am like a son to her, has offered me a free house, for me and my elderly parents, on her land, just for me to live on her estate.
In this mining job, I will have to be a lower man on the totem pole than I am now, at least initially. So that's a drawback. But the benefits of taking this job, if indeed I get it, are great too: a secondary mother figure and to be a main heir of a big rural estate with a mansion on it.
What do, frens?

>> No.58371852

>>58369748
US commits to triple nuclear power by 2050
Chinas going full throttle on Nuclear generated electricity
France is adding reactors
California is keeping theirs
Russia wants to build a nuclear powerplant on the moon
UK will 4X their nuclear generation by 2050
Bill Gates, TerraPower
Around the world 60 reactors are being built as of 2023
90 reactors are planned
300 are proposed
According to the World Nuclear Association

URANIUM IS THE ANSWER, URANIUM IS THE FUTURE.

>> No.58371857

>>58369748
amazon just bought a nuclear power plant

great theory you have there

>> No.58371893

>>58371788
No
Go work for Pinyon Plain
Move the family to Arizona

>> No.58371903

GOLD, GOLD, GOLD, GOLD, GOLD, GOLD

>> No.58371919

>>58371852
>>58371857
>Only a decade ago, nuclear reactors were cash cows. But a combination of low natural gas prices and a boom in solar and wind power has rendered them unable to compete in states with price competition for power. Five of the country’s nuclear plants have shut down in the past decade. Of the remaining 99, at least a dozen more may close in the next.

https://theconversation.com/the-demise-of-us-nuclear-power-in-4-charts-98817#:~:text=Five%20of%20the%20country%E2%80%99s%20nuclear%20plants%20have%20shut,nuclear%20power%20plants%2C%20most%20recently%20in%20New%20Jersey.

>> No.58371935

>>58371857
>>58371893
>>58371852
>About 90 terawatt hours (TWh) of nuclear generation is scheduled to retire in the next decade, more than all of the US’s current solar generation. Studies suggest that another 135TWh is probably not cost competitive with gas plants and, therefore, at risk of retirement.

https://www.carbonbrief.org/mapped-the-us-nuclear-power-plants-at-risk-of-shutting-down/

>> No.58371948

>>58371919
>>58371935
The USA is losing nuclear power generation capacity, not gaining it. The most recent reactor project has taken more than ten years and billions of dollars and still isn't providing power yet. An equal-output coal plant could have been built in much less time at a fraction of the cost.
The red tape surrounding nuclear power permits is unbelievable in the US. And the idea that individual homes will have their own mini-reactors with people putting uranium in them is not going to happen.

>> No.58371955

>>58371665
I think so. Everyone is waiting for a pullback, but honestly gold is going to be setting a new FLOOR this run. This is the world we live in now, remember for years all the fags calling for gold to retrace back to 1k? Never happened

>> No.58371982

>>58371948
Well ya the latter is never gonna happen. But nuclear is going through a renaissance right now. Lots of potential for new reactors and refurbishments. Plus it's all carbon net zero nonsense.

>> No.58371993

>>58371665
This rally is getting crazy.

>> No.58372012

Okay so gold and silver have broken their 5 year ATH... Gold beating it's ATH period.
Yet SIL and GDXJ are trading below their 5 year high from back in 2020.
And if rates get cut this year, it could go off... Am I missing something here?

>> No.58372059
File: 36 KB, 448x320, Coal fired factories, 19th century Manchester England.jpg [View same] [iqdb] [saucenao] [google]
58372059

>>58371982
Yes, I agree with adding nuclear capacity to the grid. It's a great way to generate power. I also believe in coal and gas for electricity generation.
I think that to increase the standard of living in a big way, we need to use a lot more energy, not less like the greenies want. And using a lot more energy means relying on a variety of sources, since it would take 2000 nuclear plants to produce all the energy the USA uses (including liquid fuels like those derived from petroleum). To better our lives, we'll need nuclear, coal, petroleum, and natural gas.

>> No.58372081

>>58372059
I agree. Although I selfishly want nuclear to be the overwhelming favorite because I'm biased kek.
You playing natural gas at all? Such low prices based on inventory swelling.

>> No.58372096
File: 227 KB, 900x900, 2021-armenia-1-oz-gold-50-000-dram-noahs-ark-bu_226368_obv.jpg [View same] [iqdb] [saucenao] [google]
58372096

Gold above 2400 USD and platinum above 1000. Silver approaching $30 -- very awesome!

>> No.58372106
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58372106

>>58371955
>>58371993
It's getting wild frens, $2400 and $29 could fall Friday if the cartel has lost

>> No.58372112

>>58372081
I'm done with investing and have just been buying precious metals lately. And I work and earn a good living. So I am pretty much set.

>> No.58372148
File: 442 KB, 576x526, 17635534677765467.png [View same] [iqdb] [saucenao] [google]
58372148

>>58372106
>if the cartel has lost
It's over "they" lost.

>> No.58372158
File: 32 KB, 904x388, DD3COjexId.png [View same] [iqdb] [saucenao] [google]
58372158

my portfolio is 50% MLX, 35% DYL, 10% WA1, and a pittance of WHC. i love you MLX.

>> No.58372161

>>58372112
Don't hold any equities then? Just PMs?

>> No.58372188

>>58371948
>>58371935
>>58371919
Things seem to be changing in favor of nuclear generation politically in the US
and in Europe. Germany is a holdout for now.
Climate change interests like those at the united nations COP28 are wanting to triple nuclear energy capacity by 2050. The US is part of the COP28.

>> No.58372199
File: 572 KB, 919x612, Coal Miner, West Elk Mine.png [View same] [iqdb] [saucenao] [google]
58372199

>>58372161
Just PMs. I've never been a big investor. I just lucked into money, in a way. I invested in 2020 during the giant covid crash and made a couple million on a relatively small investment. Alpha Metallurgical Resources was my big cash cow and I like them a lot as a company. So I had the good sense to realize the government would bail out the markets and to pick up cheapies before stock prices rose astronomically, but I am no investing whiz.
I am just a humble coal miner who loves coal mining and coal geology.

>> No.58372217
File: 50 KB, 512x384, Coal miner 2.jpg [View same] [iqdb] [saucenao] [google]
58372217

>>58372188
>Climate change interests like those at the united nations COP28 are wanting to triple nuclear energy capacity by 2050. The US is part of the COP28.
I hope they do triple nuclear energy production by 2050 -- and at least double thermal coal production by that time (on a global scale, of course, since the West hates it -- yet it's setting new production records globally every year). And I hope the world is using much more natural gas by then too.
The more energy humanity uses, the better lives we'll live.

>> No.58372242

>>58372199
Fucking kek, multimillionaire anon just wants to mine fucking coal. A man among men

>> No.58372251

>>58372242
>Fucking kek,
Idk would you guys stop working if you had a couple million? Personally I don't think I would, at least not for a long time.

>> No.58372261
File: 255 KB, 1285x1625, 147-ERIO-IK876-1876(...).jpg [View same] [iqdb] [saucenao] [google]
58372261

We made it bros! Its Graeme's time to shine. He made us all rich!

>> No.58372296
File: 216 KB, 645x849, 17789764324567.png [View same] [iqdb] [saucenao] [google]
58372296

>>58372261
>$400B mcap

>> No.58372312

>>58372199
Congrats. I did mining in school

>> No.58372366
File: 355 KB, 864x576, Coal, longwall face conveyor, Allegheny Metallurgical, Volga, WV.jpg [View same] [iqdb] [saucenao] [google]
58372366

>>58372242
I love mining, and particularly underground coal mining. I also grew up poor, so can live on little money. Money isn't what brings me happiness. Mining is. Money is more like a side effect of that pursuit.

>> No.58372381
File: 83 KB, 521x545, Coal, Alliance Resource Partners Mines.png [View same] [iqdb] [saucenao] [google]
58372381

>>58372251
A couple million USD is enough to retire and live frugally on, but if you do that and lose health insurance, then one disaster could take all or most of your money.

>> No.58372393

>>58372381
>but if you do that and lose health insurance
You know you can buy health insurance right?

>> No.58372394
File: 168 KB, 900x500, Coal mine continuous mining.jpg [View same] [iqdb] [saucenao] [google]
58372394

>>58372312
You're a mining engineer?

>> No.58372399

>>58372381
Just get Christian health insurance. Christian health insurance doesn't have to pay for stds, aids, gays, and abortion. That means they can keep prices down.

>> No.58372403

>>58372393
Yes, but for non-employed individuals, I've heard the insurance companies offer only very steep premiums. I think, if this is true, then it's a way to keep people on the treadmill.

>> No.58372405

>>58372251
I wouldn't stop working entirely but I might reduce my workload a bit for the sake of luxury

>> No.58372414
File: 650 KB, 1920x1440, 19.jpg [View same] [iqdb] [saucenao] [google]
58372414

>>58372399
That's not a bad idea, but I want to continue mining.

>> No.58372418

>>58372394
Yes but never worked in the field because I graduated at a terrible time lol

>> No.58372431

>>58372403
>I've heard the insurance companies offer only very steep premiums
Can't be more than 6-10k a year. Not much if you got a couple mills.

>> No.58372433

>>58372414
You can do mining and have cheap insurance.

>> No.58372447

>>58372431
Check out Christian health ministries or Samaritans purse. They are the most popular Christian health insurance. They can keep premiums low because they don't have to cover all the degenerates in the regular health care industry.

>> No.58372464

>>58372447
Well even better. Fact of the matter is the anon is working because he likes it, not because of health insurance.

>> No.58372476
File: 327 KB, 1600x1200, Coal, Alaskan anthracite, over 1 pound weight.jpg [View same] [iqdb] [saucenao] [google]
58372476

>>58372418
Oh that sucks. What kind of mineral did you hope to work on as a mining engineer?

>>58372433
I have free insurance at my job. Many coal companies offer that.

>> No.58372490

>>58372476
Anything. As a student I just wanted a job, and then an EPC company in nuclear snatched me up and I've been there every since... Sometimes I miss mining days and classes

>> No.58372529
File: 175 KB, 820x546, Gold mine.jpg [View same] [iqdb] [saucenao] [google]
58372529

>>58372490
There is probably opportunity now if you wanted to go back and do mining. I see openings for engineers quite regularly, and not just at coal mines.
But if you're happy where you are, I totally understand.

>> No.58372550

>>58372529
Where at? I'm from the Great Brown North.

>> No.58372575
File: 92 KB, 640x360, Coal mine longwall 5.jpg [View same] [iqdb] [saucenao] [google]
58372575

>>58372550
I'm not sure what the Great Brown North is, but let me do a quick search for you.

>> No.58372607
File: 352 KB, 1600x1200, Coal, Alaskan anthracite, over 1 pound weight #2.jpg [View same] [iqdb] [saucenao] [google]
58372607

>>58372550
Barrick Gold, Pattison Sand in Iowa (fracking sand), American Consolidated Natural Resources (ACNR -- a coal miner), Holcim

>> No.58372625

>>58372607
Will look into this fren. Going to sleep now. Wife needs help with baby too. Sleep well and fuck (((them))) and riggers

>> No.58372655
File: 1.25 MB, 2000x1333, Pepe commodities.jpg [View same] [iqdb] [saucenao] [google]
58372655

>>58372625
Have a good night, fren.

>> No.58372724

>>58371462
No, that was 20 years ago, in the Callaghan days. Hard to believe it has been that long.

Checked Shawshank's posts on CEO and if it is the same guy, he has matured, his spelling is better, and he isn't an insufferable pumper. God help me, I'm stalking some dude because his handle is the same as someone else's from 20 years ago.

>> No.58372792

>>58371665
oh shit its just going up and up!

>> No.58372811

>>58372724
Callaghan was only ousted 6 years ago, your probably thinking of international wayside and their antics at Barkerville. That was way before my time but there are plenty of stories from the Legion where Frank would show up at 2am at night with duffel bags full of $500 bills to pay everyone's over time. The guy ran two companies / projects at the same time on his personal credit card for years.

>> No.58372858
File: 149 KB, 2016x1512, 371537983_1314539535818866_3596863397662243977_n.jpg [View same] [iqdb] [saucenao] [google]
58372858

Are we ready for another batch of utterly horrible junior companies to pop up? Were in phase two of the new major gold rush, any theories on where a new big pump is going to come from?

>> No.58372875

>>58372858
lots of them in the market already, these things are like cockroaches. Surprisingly hard to kill

>> No.58372891

>>58372858
Phase two?
When did phase one end???;???

>> No.58372897

>>58372875
there are so many properties showing up in BC too, loads that we never even heard of but are under new names and totally new focus. There's even a guy on Facebook buy and sell with his 2.5 mil lithium "discovery".
Were in for a wild ride this time around!

>> No.58372908

>>58372897
definitely seen a lot of lithium projects popping up on junior mining news

>> No.58372925

>>58372908
i dont know if the market for lithium has corrected completely yet, but its surprising how many lepidotite vs spodumene projects there are, especially out in Ontario and quebec.

>> No.58372940

>>58372925
>lepidotite
is that the same as pegmatite? Yeah there's certainly no shortage of lithium and the abundance of junior projects makes me think the sector still has not found a true bottom yet

>> No.58372975

>>58372940
their both found in pegmatite formations but their different grade carrying minerals. I cant recall off the top of my head which is better but companies are more interested in Spodumene. I agree that the lithium markets probably not done bottoming yet, there is plenty of supply out there right now since EVs didnt catch on like corporate expected.

>> No.58372980
File: 191 KB, 860x785, 5cqs78.png [View same] [iqdb] [saucenao] [google]
58372980

If mining stocks aren't going to up then I'm going to say the N word. Don't make me do it cartel. I'm really going to do it.

>> No.58372998

>>58372059
Best I can do is constant brown and black outs (heh) and a nice bug sandwich

>> No.58373179

>>58372980
Look at Aussie miners. We're going up.

>> No.58373180

>>58372980
nondischargeable debt?

>> No.58373193

>>58373179
The last time I looked at Aussie minors I did some time

>> No.58373842
File: 448 KB, 1078x2179, Screenshot_20240412_070412_Firefox.jpg [View same] [iqdb] [saucenao] [google]
58373842

>> No.58374124

>>58373842
Q1 realized gold price will probably be about $2,050 for most producers but Q2 hoo boy

>> No.58374347

>>58373193
I love minors so much it's unreal

>> No.58374396

Fuck, Gary told us to sell our SLV LEAPS a couple of weeks ago. Now we're fucked if gold and silver do a run-away move.

>> No.58374488

>>58372431
>Can't be more than 6-10k a year.
$6k a year for health insurance the US is a nightmare isn't it. In the UK you only go bankrupt through poor health if you have to go into full time care.

>> No.58374541

>>58374396
>gary says
>is wrong
in other news water is wet

>> No.58374929
File: 11 KB, 397x225, 1849.jpg [View same] [iqdb] [saucenao] [google]
58374929

Miner better wake up today or next week, we're not in the 1900s, its fucking 2400+

>> No.58374949

>>58372980
He won’t do it. Bet he doesn’t even like Burger King

>> No.58374987
File: 992 KB, 1269x1322, based IKN.png [View same] [iqdb] [saucenao] [google]
58374987

https://fxtwitter.com/Mark_IKN/status/1778625169923133557
>The earlier you realize the jr miner market has fundamentally changed, the more you'll make
>Realized yet? Will you need U$2,500/oz gold for it to sink in? 2600?

>> No.58375065

>>58374929
>>58374949
I'm really going to do it if my mining stocks don't let me retire in the next 3 years.

>> No.58375075

>>58375065
https://www.sprottmoney.com/blog/next-miner-rally
Very good article.

>> No.58375133

>>58374929
They woke up a month ago. They're moving up but capital needs time to flow. Gold ETF and private investor gold holdings are at an all time low. We're so early it's actually hard to conseptualize.

>> No.58375190

>>58375133
>conseptualize
apparently we're so early it's also hard to spell. Bullish

>> No.58375204

Would anyone buy the company that owns SD Bullion, Sunshine and Silvertowne mints? It’s called Aimax I’m pretty sure, and could be an interesting (safe) way to play PMs instead of miners or Royalties.

>> No.58375227
File: 56 KB, 884x648, 1712910113802831.jpg [View same] [iqdb] [saucenao] [google]
58375227

>>58375075
So the miners follow the silver price. So can we tell the chinks to buy silver so our mining shares go up?

>> No.58375231

>>58375133
oh good, portfolio is up 20% while gold spot is up 25%

>> No.58375237
File: 264 KB, 720x965, Screenshot_20240412_024016_YouTube.jpg [View same] [iqdb] [saucenao] [google]
58375237

Where is our boy Peter at. We are hitting all time highs and has no podcasts up?

>> No.58375273

>>58375231
Gold up 16% YTD, my portfolio up 19% YTD. To each their own I guess but as you noted yourself your portfolio is up as well. Sit tight, we're getting there but not at your or my pace.

>> No.58375406
File: 53 KB, 589x506, 1708519844413386.jpg [View same] [iqdb] [saucenao] [google]
58375406

The anon that shilled Chalice Mining. Have a wonderful day, I wish you good health and a long pleasureful life.

>> No.58375410

>>58375406
SBSW will be $16 eoy.

>> No.58375462

>>58375406
We will make it my fren.

>> No.58375492

>>58375075
Damn....

>> No.58375493
File: 65 KB, 700x656, 1709922208463159.jpg [View same] [iqdb] [saucenao] [google]
58375493

>>58375406
>>58375462
Do you also have Bravo Mining btw? Both gonna do well, shamelessly talking my own book

>> No.58375498

>>58375493
>Do you also have Bravo Mining btw?
I was out of dough, couldn't get into it unfortunately.

>> No.58375521
File: 2.87 MB, 640x640, 1697815249055309.webm [View same] [iqdb] [saucenao] [google]
58375521

>>58375498
No worries same happened to me with Chalice kek. Decided to do some deeper DD as I said I would and it passed the sniff test despite that ridiculous scoping study they posted. Ended up buying it with leverage earlier this week lel. I'll pay that back later when I get the cash. God bless Jews and their free money cheats

>> No.58375540
File: 76 KB, 720x711, 1875643345678765.jpg [View same] [iqdb] [saucenao] [google]
58375540

>>58375521
Kek.

>> No.58375642
File: 270 KB, 720x653, Screenshot_20240412_040212_YouTube.jpg [View same] [iqdb] [saucenao] [google]
58375642

Happening now
https://youtu.be/mXKJvscgzX4?si=Snz7CeZP2l29319B

>> No.58375659

>>58375642
I don't really watch either and I don't like most talking heads but both Lobo and Mike are alright. Lobo is maybe a bit prideful but I'd say he deserves to be because he is a successful investor. Mike is maybe a bit retarded but man just look at that smile how could I hate this guy

>> No.58375666 [DELETED] 

I badly need $800 within today. Can anyone in this entire planet help me with it? If you are up today, can you help me out anon? Its a do or die situation for me.

I can tell the reason in telegram. Please send me a text in tele @pandathepo, I will tell you the reason and details there

>> No.58375688

>>58375666
Kek
Begging for money is a bannable offense

>> No.58375704 [DELETED] 

>>58375688
I am sorry but I badly need the help :(

>> No.58375718

>>58375704
>I am sorry but I badly need the help :(
Well you're not going to get it.

>> No.58375751

Thoughts on Lion One Metals?

>> No.58375779
File: 52 KB, 367x512, lion2.jpg [View same] [iqdb] [saucenao] [google]
58375779

>>58375751
Bullish long term, 310310000 shares fully dilluted, in the first half of the devlopper phase, very good land.

I think there is way better risk reward out there but it might be a good pick for someone who want that kind of stock in their portfolio and isn't after degenerate returns.

t. sold all my share at 1.44 after they took some debt

>> No.58375803

>>58375779
King
Bought around 12 months ago now im down 50% lol

>> No.58375828

What will kick of the correction? It has to happen soon. I'm seeing the board getting metals threads, it has to be soon, right?

>> No.58375843
File: 200 KB, 853x1200, lion1.jpg [View same] [iqdb] [saucenao] [google]
58375843

>>58375803
The only real problem imo is their dillution. I smelled something when they started taking debt (like GSVR which I sold at .55). Right now their market cap fully dilluted is around 150M which is kinda high compared to their shareprice.

Gold going up might help them a lot to avoid this situation but they need to start producing a little bit to completely solve this shit. If you wanna hold them, you might consider average down just a little if the position isn't big, forget about it if you need tons to make it matter.

>> No.58375898

>>58375751
Shitco desu. Serial diluters who have thus far been unable to deliver on promises. Could succeed longer term but their track record is all I need to know.

>> No.58376001

>>58375843
Yea thabk you for your insight!

>> No.58376008

>>58375898
I see, your opinion overlays with the other anons opinion

>> No.58376040
File: 553 KB, 445x798, 1603035821772.png [View same] [iqdb] [saucenao] [google]
58376040

>>58375828
It'll go to 33-34 before a correction. You've been warned.

>> No.58376063

>>58376040
People were calling 26, 28, and 30 to be the correction points. What makes you say 33-34?

>> No.58376065

>>58371788
You know what you must do, the advantages are far too great to say 'no'.

>> No.58376075
File: 106 KB, 961x671, G.jpg [View same] [iqdb] [saucenao] [google]
58376075

>>58376040
Gary says

>> No.58376083
File: 431 KB, 429x396, GK0S40KacAAvO68.png [View same] [iqdb] [saucenao] [google]
58376083

>>58376063
The strenght of the PM. If we needed a dip, it would have happened, look at how powerful the moves are. We keep getting green dildo after green dildo. Way too strong imo for a correction right now.

A breather after a very big resistance like 30 would make a lot more sense for me.

Im not the only thinking like that >>58376075

>> No.58376127

>>58376083
Green dildo after green dildo normally follows a big correction, no? How many times have we seen these crypto faggots push us off the board because dogbutt is going parabolic followed by them pushing us off because it's rugging.

>> No.58376129
File: 36 KB, 594x542, SCOT.jpg [View same] [iqdb] [saucenao] [google]
58376129

Scottie getting a lot of coverage since the Franco-Nevada deal. Ridiculously cheap for months but up over 15% yesterday on massive volume and could do it again today.

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

>> No.58376140

>>58376129
One of PANMAN biggest win I think, very good for people who bought.

>> No.58376164

>>58376140
Share price still over 50% cheaper than the 2020 high, but probably not for long.

>> No.58376378
File: 295 KB, 960x787, Schiffposting.jpg [View same] [iqdb] [saucenao] [google]
58376378

kek

>> No.58376431
File: 36 KB, 719x480, CARTEL.jpg [View same] [iqdb] [saucenao] [google]
58376431

is the cartel losing?

>> No.58376450
File: 589 KB, 480x600, 1690900137596728.webm [View same] [iqdb] [saucenao] [google]
58376450

>>58376040
>>58376075
>>58376083
>>58376127
sometimes charts consolidate sideways on the way up without a huge correction. See how gold has traded, nice steady breather periods and then runups followed by another breather. Of course if the market gets a bit ahead of itself like in uranium you should expect a drawdown and a longer term consolidation (maybe a few weeks or even months). Looking at the 1m RSI(30) both silver and gold are in fact not hugely overbought as both sit below 65. On the 1y RSI(30) chart gold is just above 70 and silver a bit below 70 which indicates that both are overbought but again not massively. Both could keep running in the immediate short term until they get extremely overbought or they could cool down a bit by going either down or sideways but I'm not seeing any red flags with my retard TA.

I would not be thinking of selling or shorting here, and I wouldn't also be convinced of a significant pullback either. Both gold and silver charts look constructive if slightly overbought.

>> No.58376458

>>58376378
Its insane honestly. Theyve been pumping bitcoin nonstop even when it was 1/2 of ATH. Not a peep about gold. I asked my dad who watches CNBC / CNN business all day if he knew roughly what the price of gold was and he had no idea

>> No.58376653

Wow silver up 4% today so far. Will probably cool down a tad

>> No.58376807

>>58376075
>Gary
Gary destroyed me trying to call a daily cycle top. No more SLV LEAPS and sold out a few of my miners that are now up another 20% two days ago. If we don't get a pullback at $30, I'm going to be sick.

>> No.58376808

My entire portfolio is green.

>> No.58376817

>>58376807
LOL dip buying is a fools errand

>> No.58376820

>>58376807
>unironically following gary says advice
I don't know what to tell you man, like do you enjoy losing money or something?

>> No.58376952
File: 382 KB, 1792x1673, 1707937917621247.jpg [View same] [iqdb] [saucenao] [google]
58376952

>>58376807
>Trying to be cute in a bullmarket
You deserve it raw.

>> No.58376993

Is steelbro online? We were right that shit has bottomed along with iron ore. Also bullish for coking coal companies

>> No.58377065

Also while nobody is caring or looking uranium is making a comeback. Cameco nearing its previous ATH. Bought some Kazatomprom just now.

>> No.58377143
File: 112 KB, 750x711, l.jpg [View same] [iqdb] [saucenao] [google]
58377143

>mfw own crypto
>mfw own gold
>mfw own silver
>mfw own stocks
>mfw own apartments
no dreams no tears only gains now, fuck the FED

>> No.58377149

A COPPER WIRE JUST FLEW OVER MY HOUSE

>> No.58377223

THE ENTIRETY OF THE LONDON METALS EXCHANGE INVENTORY JUST FLEW OVER MY HOUSE

>> No.58377255

>>58376129
>>58376140
>>58376164
>>58375406
>>58375462


>Chalice Mining
>Scottie

I just aped into these two
yes im this easy to persuade

>> No.58377265
File: 240 KB, 1125x902, D5E7B1B6-79D3-4E7F-9007-57CE694C9D85.jpg [View same] [iqdb] [saucenao] [google]
58377265

I kept Surge posting the past few months, hopefully some anons bought in

>> No.58377283

>>58377265
if you posted earlier i would have aped in this too lol

>> No.58377314

>>58377283
Well it was like 0.06-0.07 when I was posting, who knows where it goes from here. My avg is 7 so I’m comfy for once this past couple years. Legit bought the absolute bottom on GSVR, ABRA, SURG and NFG, feels so damn good for once!

>> No.58377321

>>58376653
>Will probably cool down a tad
Yeah, we definitely are going to cool down. Definitely...

>> No.58377327

>>58377314
congrats my man!
wagmi
even from the price it trades at today its a steal

>> No.58377337
File: 408 KB, 836x872, 1641672694715.png [View same] [iqdb] [saucenao] [google]
58377337

>> No.58377359

>>58377255
nobody tell this guy about Bayhorse and Benton

>> No.58377378
File: 24 KB, 2290x83, Screenshot 2024-04-12 164514.png [View same] [iqdb] [saucenao] [google]
58377378

>>58377359
funny, this is my bayhorse position

>> No.58377403
File: 1.51 MB, 200x150, 1696263838536953.gif [View same] [iqdb] [saucenao] [google]
58377403

>>58377378
wow you really weren't lying when you said you're easy to convince

>> No.58377407

>>58377265
I got lucky and bought a month ago.

>> No.58377441
File: 135 KB, 932x828, 1637439304400.jpg [View same] [iqdb] [saucenao] [google]
58377441

>>58377359
>>58377378
Did someone say Bayhorse?

>> No.58377498
File: 84 KB, 750x1000, 1628807058303.jpg [View same] [iqdb] [saucenao] [google]
58377498

>>58376807
did you really listen to Gary?

>> No.58377514
File: 798 KB, 1222x711, 16545654345645643.png [View same] [iqdb] [saucenao] [google]
58377514

Well I just received a Notice for a annual shareholder meeting, together with a voting form that I'm supposed to mail back my vote with, from Brixton Metals. Umm Problem is the votes should have been received by April 10th and the day I received the notice is April 12th. Thus I'm unable to vote. Who us to blame for this?

>> No.58377521

>>58377441
Me on the left

>> No.58377542

>>58376807
Andy always kept sayingin his finding value channel, that he wont sell stocks during the commodity bull market because you will never know when it goes up and down
And thats why i never tried to time aswell lol
Yea i was 3 years, 2 years and 1 year too esrly with all of my stock buys but slowly it pays out

>> No.58377561
File: 262 KB, 2619x1615, 1628002192188.png [View same] [iqdb] [saucenao] [google]
58377561

>>58377542
At the end of the day people can't know the future. That's what I've learned over these last few years. The market can still irrational longer than you can remain solvent. Just make sure you don't use leverage and hold until the fundamentals reassert themselves.

>> No.58377566

>>58377514
happens to me all the time. Hell I don't receive these forms often to begin with which implies that they don't send them to me when they should. Maybe an electronic version is available idk. Not that my vote matters as such a tiny shareholder

>> No.58377579

>>58377561
Tally marks on the walls is a little over 3 years. Kek wills it.

>> No.58377580

>>58377561
responsible leverage is the key to outsized returns. Prove me wrong. You literally can't. Jewish magics stronk

>> No.58377593
File: 443 KB, 320x148, 1635970178830.gif [View same] [iqdb] [saucenao] [google]
58377593

>>58377542
>>58377561
Based long term investor, WAGMI

>>58377378
Buy FDR and thank me later

>> No.58377608
File: 175 KB, 2100x1500, 1664757362494803.jpg [View same] [iqdb] [saucenao] [google]
58377608

>>58377580
>responsible leverage

>> No.58377645

>>58377566
>happens to me all the time.
So it isn't just me. Are you European by any chance?
>Maybe an electronic version is available idk.
You probably have to register with sedarplus.ca for that.

>> No.58377674
File: 7 KB, 87x511, Capture.jpg [View same] [iqdb] [saucenao] [google]
58377674

Its just a start

>> No.58377680
File: 1.74 MB, 1453x2970, Screenshot_20240412_081214_Brave.jpg [View same] [iqdb] [saucenao] [google]
58377680

Gold...

>> No.58377718
File: 750 KB, 1978x1455, 16543567543567654.png [View same] [iqdb] [saucenao] [google]
58377718

>>58377680
>Silver and Gold
Kek

>> No.58377733

>>58377645
Yep yuro here

>> No.58377743

>>58377514
Me on the right
>>>>>>>>>>>>
We're racing towards $30 silver

>> No.58377749

What happened to the days of Gdx going up 7% for gold going up 1%

>> No.58377759
File: 264 KB, 719x1349, Screenshot_20240412_081922_Brave.jpg [View same] [iqdb] [saucenao] [google]
58377759

GUYS WHAT'S HAPPENING I THOUGHT THIS WAS /CMMG/ AKA /CANT MAKE MONEY GENERAL/ WE AREN'T SUPPOSED TO BE WINNING.

>> No.58377761

>>58377749
That was the euphoria phase. Welcome to the late stealth/early awareness phase.

>> No.58377770

>>58377718
>>58377680
Lmao

>> No.58377798
File: 170 KB, 777x840, b88.png [View same] [iqdb] [saucenao] [google]
58377798

>>58377759
Surely there will be a pullback... Right guys... Cheapies... Gary is calling a pullback right?...

>> No.58377799

>>58377733
>Yep yuro here
Checked. Yeah, I think we get the forms late because we are Yuropoors.

>> No.58377827
File: 86 KB, 1138x1200, 1697050762281778.jpg [View same] [iqdb] [saucenao] [google]
58377827

literally every commodity is cooming how do we stop this broes?

>> No.58377849

>>58377827
Agricultural commodities are still in the shitter for some reason.

>> No.58377859

>>58377827
Just sell more.

>> No.58377866

>>58377827
Check natgas and coal

>> No.58377873

>>58377866
bottom is set

>> No.58377885
File: 138 KB, 1367x824, 2394.jpg [View same] [iqdb] [saucenao] [google]
58377885

I hate the cartel! I wonder if they just did one of their "rule changes" to enable this smash

>> No.58377919
File: 146 KB, 1375x820, its_over.jpg [View same] [iqdb] [saucenao] [google]
58377919

those faggots just monkey-hammered gold around $50 and silver over a buck

>> No.58377988

>>58377885
>>58377919
got a bit too overbought a bit too quick huh. Time is on the bulls' side no worries

>> No.58378148

>>58377885
>>58377919
Thank God, I thought we were actually going to make money for a moment.

>> No.58378252

Waha gas is less than free. How does a lack of pipeline egress affect oil production in the near future?

>> No.58378260
File: 43 KB, 593x601, 1697216895169544.jpg [View same] [iqdb] [saucenao] [google]
58378260

I'M YELLING TIMBEEEEER

>> No.58378474

>>58377680
>/biz/ making threads and fomo
>dumps right after

>> No.58378494

https://youtu.be/Jkn9mUwN7ew?si=RWLHT7CM-K5pAxp_
TA-king guide me

>> No.58378604
File: 249 KB, 1080x1445, Coal miner flame hat.jpg [View same] [iqdb] [saucenao] [google]
58378604

>>58376993
>Also bullish for coking coal companies
Is that because steel has bottomed and is rising?

>> No.58378622

>>58378604
Yes. Coal makes steel, Homer.

>> No.58378716
File: 1.96 MB, 3405x2863, IMG_20240407_094144021_HDR~2.jpg [View same] [iqdb] [saucenao] [google]
58378716

>>58378622
Gibs 3 that are bottomed and I'll top it off

>> No.58378722
File: 174 KB, 1300x731, Coal mine shuttle car.jpg [View same] [iqdb] [saucenao] [google]
58378722

>>58378622
I'm aware that coals with certain characteristics can be used to add carbon to steel. I was just wondering about the market connection and how strong it really is.

>> No.58378808

Anyone read the book “The World for Sale?”

Genuinely not trying to shill anything but it’s a great commodities book. I think it’s on Spotify and audible, but I bought the hardcover.

Super good introduction and entertaining account of global commodities trading.

>> No.58378810

>>58378722
Well you can't turn iron ore into steel without coking coal.
>>58378716
AMR, HCC, maybe WHC.AX but watch out for the Aussie royalty hike effects

>> No.58378832

>>58378474
We just need to make sure biz forgets about this rally so we can resume.

>> No.58378861
File: 406 KB, 769x698, 1696595680201100.png [View same] [iqdb] [saucenao] [google]
58378861

>>58378832
One week of pulling back and crabbing should do the trick

>> No.58378879
File: 871 KB, 754x775, 17098765435678.png [View same] [iqdb] [saucenao] [google]
58378879

>Gold up a couple percentage points.
>My miners up 5-6%
>Go to dentist.
>Come back.
>Gold down 3%
>Miners down.
What the fuck happened... The cartel fucking won.

>> No.58378886

>>58378879
Its beyond over. Boomer rocks are WORTHLESS

>> No.58378888

iron ore comeback ? whatch u guys think ?

>> No.58378907

beginning to think i need to get in oil now because im not gonna get another entry opportunity

>> No.58378913

>>58378810
Which one is in the states? I'll buy a nickel worth right now

>> No.58378941

>>58378888
Yes. Steel and coking coal as well.

>> No.58378954

>>58378913
the first two

>> No.58378958
File: 125 KB, 1024x687, Coal Miners at the Virginia-Pocahontas Coal Company Mine in 1974 waiting to go to work on the 4 pm to midnight shift.jpg [View same] [iqdb] [saucenao] [google]
58378958

>>58378810
>Well you can't turn iron ore into steel without coking coal.
That's true, but that's not how it's done nowadays because using certain coals is just much more efficient and produces better steel with fewer steps.
In fact, nearly any coal can be used to make steel, but unless the coal has certain characteristics like high energy density and low sulfur and ash, then it's harder to make that steel as high quality as what's in demand nowadays.
The Pittsburgh seam used to produce steelmaking coal, but now its coal is used for electricity while, in that area, the Lower Kittanning seam is preferred for coking coal.
Just some nifty stuff.

>> No.58379024

>>58378958
>That's true, but that's not how it's done nowadays because using certain coals is just much more efficient and produces better steel with fewer steps.
...Those certain coals are called coking or metallurgical coal colloquially as far as I'm aware. Let's not get into the volatiles/heat value/ash content/water content technical swamp please it's pure black magic to me. All I know is certain companies sell coal primarily used for steelmaking, or coking coal as I like to simplify.

>> No.58379136
File: 178 KB, 1280x720, Coal mine, low coal.jpg [View same] [iqdb] [saucenao] [google]
58379136

>>58379024
Yes, I'm aware of all that. I just like talking about coals, coking and thermal coals.

>> No.58379142

Holy based, give me the dipperino so I can buy back in.

>> No.58379240
File: 327 KB, 640x680, 1j1iqri-1j1ip3q-GK-cneOWYAAjTFc.png [View same] [iqdb] [saucenao] [google]
58379240

With (((Goldman))), you win!

>> No.58379281
File: 2.18 MB, 1489x948, 176543245678o765.png [View same] [iqdb] [saucenao] [google]
58379281

>>58379240
Bro, why are they shilling gold so soon? Aren't they supposed to shill when It's towards the end of the bull market...

>> No.58379324

>>58379281
meme answer: they're da cartel and they want to get all the gold bulls long sonthey can orchestrate a legendary rugpull!

real answer: GS has been pretty much a permabull on commodities the past few years

>> No.58379334
File: 187 KB, 1511x2015, 1712173023556710.jpg [View same] [iqdb] [saucenao] [google]
58379334

What a fucking day for the cartel. My miners were up almost US$6k and now are down $2k, a fucking $8,000 swing, But I'm posting a big tiddy qt anyway and the cartel can't stop me.

>> No.58379350
File: 1.71 MB, 1564x634, 165435678657.png [View same] [iqdb] [saucenao] [google]
58379350

>>58379334
>What a fucking day for the cartel. My miners were up almost US$6k and now are down $2k,
It's over they won, we lost.

>> No.58379365

>>58379334
I dream of the day I can have at least 5 of these in my bed every night.

>> No.58379404
File: 1.84 MB, 480x360, 1708827991053951.webm [View same] [iqdb] [saucenao] [google]
58379404

>>58379365
How do you plan on convincing them?

>> No.58379420

>>58379404
I flip a dime for them when they leave in the morning

>> No.58379435

>>58379420
I don't get it? How will you convince 5 Nip cuties to sleep in the same bed with you?

>> No.58379440
File: 629 KB, 1187x496, 1636017277192.png [View same] [iqdb] [saucenao] [google]
58379440

>>58379350
it's literally and unequivocally over, forever

>> No.58379469
File: 465 KB, 1123x585, 1765456789908789.png [View same] [iqdb] [saucenao] [google]
58379469

>>58379440
>unequivocally over

>> No.58379666

>>58379469
back to the pit... this is our fate isn't it...

>> No.58379710

>>58379666
We are going to wageslave till the end satan.

>> No.58379766

>US Steel shareholders approve Nippon Steel’s $14.1 billion takeover offer.

>> No.58379775

>>58379766
I abstained from voting. Sorry, it was my 20 voting shares which caused the Japanese to own US Steel.

>> No.58379782

>>58379775
Nothing wrongs with Nips owning USS, USA and NIppon are allies.

>> No.58379791

>>58379782
My mind is scrambled by 80s movies fearing Japanese takeover.

>> No.58379832

>>58379782
just wait until the Kamikaze sleeper genes activate once they set up operations on US soil

>> No.58379926
File: 176 KB, 1000x750, Coal mine continuous miner.jpg [View same] [iqdb] [saucenao] [google]
58379926

>>58379766
>>58379775
Komatsu took over Joy Global, maker of excellent underground mining machines, and the company has been doing great since then. If anything, this might be good for US Steel. And the Japanese had to keep Joy's union, but the company still does great as part of Komatsu Mining now.

>> No.58380438
File: 314 KB, 1280x1280, Carbon tunnel vision.png [View same] [iqdb] [saucenao] [google]
58380438

Found this image on a deep green site. This is how the extreme environmentalists think. They want to end development, even agriculture, and go back to hunter-gatherer life. Either that or they want total human extinction.

>> No.58380698

>>58380438
We should simply end them. That way we win

>> No.58380924
File: 908 KB, 680x658, 167865432456788876.png [View same] [iqdb] [saucenao] [google]
58380924

What happens on Monday? We are just done for... It's over, the cartel is winning.

>> No.58381419

https://www.yahoo.com/news/those-rate-cuts-coming-already-072805636.html

>> No.58381444

>>58381419
>Germany Inflation 2.2%
Kek.

>> No.58381874
File: 183 KB, 900x900, 2023-australia-10-kilo-silver-lunar-rabbit-bu-series-iii_274421_slab.jpg [View same] [iqdb] [saucenao] [google]
58381874

So an up day turns into a neutral day and all the activity on this thread dies? Why so?
PMs are still up from a week or two ago and might be back up again next week.

>> No.58381896

>>58379334
>>58379365
i'm not a greedy man, i only want one

>> No.58381972

>>58381896
Yeah, but imagine if you could have 2 or 3 of them.

>> No.58382010
File: 590 KB, 2100x1400, Coal mine longwall, Twentymile Colorado.jpg [View same] [iqdb] [saucenao] [google]
58382010

>>58381896
>>58381972
Why are people so obsessed with sex?
My sex drive died in middle age and I feel liberated without it, like a holy man. My energy remains high and so does my morale, except now I don't have obnoxious women on my mind.
I can see a man wanting a family, but sex is very overrated.

>> No.58382028

>>58382010
>I can see a man wanting a family, but sex is very overrated.
Well obviously they'd be for breeding purposes.

>> No.58382049

>>58382028
yeah
i'm more a quality over quantity kinda guy

>> No.58382069

>>58382049
You can have both if you spend the time.

>> No.58382253
File: 407 KB, 1078x1280, 1712956333072400.jpg [View same] [iqdb] [saucenao] [google]
58382253

How does one take advantage of this.

>> No.58382361

Isn't anyone concerned by the rising gold price?
Something is going to pop.
War?

>> No.58382385

>>58382361
No, I'm not concerned, gold is rising because currencies are being devalued.

>> No.58382427
File: 4 KB, 306x306, Coal love.jpg [View same] [iqdb] [saucenao] [google]
58382427

The Grid’s Gas Problem

While the flexibility of the natural gas fleet is critically important to balancing the variability of renewable generation, a deeply valuable capability under most operating conditions, the gas system – from wellhead to power plant – has proven to be extraordinarily susceptible and unreliable during bitter cold.

It has been the poor performance of the gas system that has pushed the grid to the verge of disaster – or actual disaster – again and again over the past few years.

Notably, it was the failure of the gas delivery system in Texas that precipitated the near collapse of the state’s grid during winter storm Uri in February of 2021 that left millions in the dark and claimed the lives of 246 people.

During winter storm Elliot in December of 2022, the gas system was once again the leading culprit in a grid crisis that saw rolling blackouts in multiple Eastern states and nearly cost more than a million families in New York City their heating.

A stunning 90.5 GW, or 13% of the generating capacity in the Eastern Interconnection — the grid system covering two-thirds of the U.S. — failed to run or operated at reduced capacity during Elliot.

Gas-fired capacity accounted for 63% of the outages. On the PJM grid, the nation’s largest regional grid serving 65 million Americans, gas capacity accounted for 70% — or 32 gigawatts – of outages, enough capacity to power more than 20 million homes.

In January of 2018, during another polar vortex event, half of the total PJM natural gas capacity was not available to supply peak demand. And in February of 2014, during another cold snap, PJM found that 23% of total generator outages were due to interruptions of natural gas supply. In both 2018 and 2014, it was coal generation that came to the rescue, ramping up power supply when gas couldn’t.

https://www.countoncoal.org/2024/03/epa-misses-the-point-on-grid-reliability/

>> No.58382470

>>58382010
Men are built to have sex and procreate until the day they die unlike women who lose their value at like age 30. Something is fundamentally wrong if you are not fucking pussy until eternal slumber.

>> No.58382591

Women dont understand the concept that men dont care if they are understood or not
Buy gold and silver

>> No.58382676
File: 12 KB, 474x291, Hume.jpg [View same] [iqdb] [saucenao] [google]
58382676

>>58382470
Men are built to think and achieve, that's why we are Homo sapiens, the thinking man. It is our powers of reasoning that set us apart from other animals.

>> No.58382735

>>58382427
While no power source has been immune to the bitter cold that has forced power plant outages, the coal fleet – aided by the fuel security of having months of fuel on site – has proven to be a reliability backstop during these peak winter generation events.

If EPA was serious about addressing the grave risks to grid reliability posed by its proposed rule, it would prioritize flexibility for the coal fleet. Instead, EPA remains committed to impossible and unlawful technology mandates that will only accelerate the closure of essential plants.

Regardless of how EPA tries to spin its decision, the gravest threat to the reliability of the U.S. electricity grid remains unaddressed.

Until EPA recognizes the critical importance of the fuel security and dispatchable fuel diversity provided by the coal fleet, and scraps its regulatory blitz, the nation remains on collision course with a grid catastrophe of the EPA’s making.

https://www.countoncoal.org/2024/03/epa-misses-the-point-on-grid-reliability/

>> No.58382753

>>58377265
Surge is going to have a fantastic season i think with all the stuff they have planned at Berg and nearby.

>> No.58382970
File: 91 KB, 713x357, Coal mine longwall 6.jpg [View same] [iqdb] [saucenao] [google]
58382970

>>58382753
PAN MAN, would you take a job in thermal coal, with more opportunity, or one in metallurgical coal, with more security?
I have a big decision to make.

>> No.58382993
File: 1.77 MB, 878x960, Coal, anthracite Alaska 3.png [View same] [iqdb] [saucenao] [google]
58382993

>>58382970
I'm a big fan of thermal/energy coal, so that's making the choice even harder. Globally, coal is doing gangbusters, setting production and consumption records each year, but in Western countries thermal coal is dying, which means most of the coal industry is dying.

>> No.58383046

Can natgas replace coking coal?

>> No.58383061

>>58383046
Not to my knowledge, but who knows what someone might come up with.

>> No.58383092

>>58383061
I remember reading something I think in one of the Nordic countries about "green steel", but it said in the article it was uneconomic so I didn't look into it, I assume they used natgas.

>> No.58383106

>>58383046
>>58383092
There's some research going into using hydrogen but it's far from economical at the moment

>> No.58383119

>>58383106
>hydrogen
Maybe they used H, could have been that.

>> No.58383169

>>58380924
If it drops more Monday I will be buying.naturally.

>> No.58383243

I am ruined financially and I shan't ever recover.

>> No.58383308

>>58383092
>green steel
Probably they were either talking about some kind of likely uneconomical hydrogen application, or more likely an electric arc furnace that takes its energy entirely from wind and solar.

>> No.58384043

>>58382470
Not quite, you probably shouldn't be losing your sex drive entirely in your 40s but even Plato's Republic opens with him talking about how great it is to be old because he's no longer a fiend for the pussy. If it's working for coal miner anon then fair enough, more for me
Also I came here to read wailing and gnashing of teeth over the intraday gold movements but it seems pretty chill. Guess I'll go check /smg/ for cartoons of animals shitting their diapers

>> No.58384161

It's worth reading the thread top to bottom in one sitting, just saying.

>> No.58384207
File: 148 KB, 900x900, 10-oz-silver-bar-merry-christmas-rudolph_224939_obv.jpg [View same] [iqdb] [saucenao] [google]
58384207

>>58384161
What's so good about this thread in particular, or are all /cmmg/ threads this good?

>> No.58384307

>>58384207
You can see the euphoria, the fomo, and the cocksure at the start which is a huge contrast to how the dump began and people went from green to red. Logic was thrown out the window for a brief few hours.

>> No.58384402
File: 16 KB, 474x327, Coal miner.jpg [View same] [iqdb] [saucenao] [google]
58384402

I've made my decision and am jumping into met coal if I can get hired. A lot of coal miners with lots of experience are trying to make this leap, but if I want to spend the rest of my life mining coal, this is my only realistic choice.
Foreign coal companies only hire their own nationals unless you're white collar like an engineer or executive, or unless you're a safety specialist with 30+ years of experience.
ACNR and CONSOL are down to 3 days a week working. Two big thermal coal mines out west closed in the past few months. All coal thermal coal mines are barely hiring.
My only hope is this met coal job.

>> No.58384415

>>58382970
sorry but i do not want to work in an underground coal mine. To many terrible events like westray or Naniamo that make me stay clear of that sector. Plus i would have to retrain for your style of UG mining, i am trained to work in hard rock, which is very different. I ve visited plenty of coal mines over the years, but i dont think i would do well working in one, its a very different way to do the same sort of work.

>> No.58384434

>>58384415
I was just asking as a hypothetical, looking for your advice on what I should do. Like, what would you do in my shoes? Stay in my established company, which does thermal coal, or jump to a new company and lose some of my status, but work in met coal?

I respect your opinion, that's why I ask.

>> No.58384460

>>58384434
sorry i think i misread, as i ve been asked if i was interested before.
If I was offered a job in met coal i would probably be more interested, its the safer long term bet for work right now. If your thermal coal company has been faithful to you, but your concerned about the future of the sector, perhaps its time to have a chat with your supervisor about a new path. See what your higher ups think. They likely are thinking the same way.

The other question would be too, would you be looking for another underground position or surface mining? Surface mining is pretty similar but operating in a pit is very different environment than UG. Thats my two cents on the subject, the coal sector is not really my region of expertise, but i do know a sector in decline when i see one.

>> No.58384532
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58384532

>>58384460
I'd definitely stay underground -- that's my thing. Being underground is half the fun of mining for me; coal is the other half.
I have chatted with my supervisor and he understands my concern. The problem is, these layoffs, the idling of mines, the hiring freezes, and the mine closures happening all across the US this year in thermal coal are all decided at the top -- way above my level and above my supervisors' level -- and the men just hear about them suddenly and then are scrambling for a new job. So if I end up out of work, I'll likely get just 60 days' notice, and that's if it's a collective layoff. It it's small, no notice is required by law.
So I am jumping to met coal if this company I want will have me. If it won't hire me, then I will go to Alabama if need be and even work for Warrior Met (which pays horribly).
I just want to spend the rest of my career doing underground coal mining. It's my love.

Thanks for your feedback. I appreciate it.

>> No.58384554

>>58384532
i hate those sorts of corporate layoffs, thats what was going on with Warrior Met if memory serves right?
I feel for you bud, the sectors in it rough when it comes to thermal coal, and it might honestly be the real start of the death bed for thermal coal in the US. In Canada there are still a few thermal coal mines running that are underground, but their unionized and well taken care of compared to you guys south of the border.

>> No.58384564
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58384564

DGB is the way to own gold..digitally.

>> No.58384566
File: 245 KB, 900x900, 2021-armenia-1-oz-gold-50-000-dram-noahs-ark-bu_226368_slab.jpg [View same] [iqdb] [saucenao] [google]
58384566

>>58384554
The mine I am aiming for has decades' of reserves of top quality met coal and pays very well. I should know in about 5 weeks if I get the job.

Thanks for all you do here, Mr. PAN MAN, and may you find a big gold nugget.

>> No.58384578

>>58384566
soon! I am praying for rain as we have no water this season without it to do the serious test run with equipment i ve been planning for all winter. Lots of gold in the ground, its time to go get it!

>> No.58384588

>>58384578
So many minerals just waiting for us to dig them up! :)

>> No.58384606
File: 372 KB, 864x576, Coal mine longwall Allegheny Met Volga, WV.jpg [View same] [iqdb] [saucenao] [google]
58384606

>>58384554
And yes, Warrior Met was doing all sorts of shady shit with their employees. But if it came to it, I'd work there, but other mines are higher on my preference list, including Alpha mines in southern West Virginia.

>> No.58384659

>>58384161
>>58384307
Great point and I confess that I was taken in by the euphoria a bit myself

>> No.58384729

>>58384659
I don't wanna be cocky, but damn. I sensed the top on the hour or so if you check the timestamps. My concern was even open minded, as you can see I was searching for opinions on the matter. Meanwhile people who were so sure we still had way more upward movement spoke in complete confidence and absolute certainty. It's a warning about how just because someone can answer as if they are an expert on the subject, it doesn't mean they aren't actually dead wrong.

>> No.58384767

>>58384729
Absolutely and this is why I always try to make a point to preface any technical analysis with saying that I'm terrible at it. I can pretty much tell an uptrend or downtrend, or a major low and that kind of stuff but otherwise I'm pretty bad at the more complicated stuff

>> No.58384828

>>58384729
>>58384767
Fear and greed really do drive the markets, as the old saying goes. That's why I doubt the market's rationality.
Still, I think a truly free market leads to the best outcome.

>> No.58385220

I love euphoria posting

>> No.58385226 [DELETED] 

Can someone help me with $2k? I badly need to pay my tuition fees within today.

Telegram: @pandathepo, email: kholachirkut100@gmail.com

>> No.58385239

>>58385226
how many threads are you going to post this in? kill yourself

>> No.58385250

>>58385239
I badly need the help :(

>> No.58385300

>>58385226
tell me what you're studying?

>> No.58385328

>>58385300
BSC ( Hons ) Accounting, Business Administration.

I really need the helps. I want to continue my education to complete my graduation. Can you please help me out?

>> No.58385334

>>58385328
you post like you should have picked english instead

>> No.58385339

>>58385328
why not get a loan?
2k isnt that much money

>> No.58385345 [DELETED] 

>>58385328
>>58385300
If its possible to help me out, please send me a text, I can send you further details and evidence there if needed to prove myself

Telegram - @pandathepo
Email - kholachirkut100@gmail.com

I don't want to lose my educational career

>> No.58385367

>>58385339
I am not being able to get a loan. I have try my best. Don't you think I already try my best before asking from unknown? I don't have that much valuable property or something on me to get eligible for a loan. Please help me out $2k. Without complete my graduation, I can't even apply for a government job. Please send me a text to mail or telegram.

>> No.58385384

>>58385367
>or telegram
lmao
biggest red flag

>> No.58385400

>>58385226
hello sir
sent ;)

>> No.58385416
File: 638 KB, 664x638, static-assets-upload9337692517933659658.png [View same] [iqdb] [saucenao] [google]
58385416

Next bread
>>58385388
>>58385388
>>58385388