Thread 22807415

WAGMI edition.

Nokia is still your 3rd largest company by market cap, not sure what they are doing these days. Kone is a large crane and port infrastructure company. And then you have a lot of companies in the wood pulp and forest industry.
Y'all using Nordnet or what? they just added a lot of new european exchanges.

>>22807428
Fuck the forest companies, and fuck JewNet with their enormous fees.

>>22807428
Nordnet is only good for TFSA with minimal trading and safe long term holds only. Interactive Brokers for trading, margin, more listings, and much much lower commissions.

Finnish forest & pulp companies are great but I just don't see a very bright future for the industry when everything is electrifying and digitizing. Maybe they can develop some new kind of fiber from pulp that could breathe some new air to the industry, otherwise it's just fully dependent on real estate markets

Finland is where money goes to die.

Mfw when paying half of my income every year to baby boomers so they can buy new Dacia Dusters.

>>22807440
They just reduced minimum fee for stock trades to only 25DKK here, or like 3.3 euros. On a percentage basis it's only like 0.15% I think, depending on country.

>>22807471
minimum €15-20 per trade over here lol

>>22807462
Look at that Tanska go, American fats have made us rich. Novo is like half our entire stock market value, it peaked at like 2/3rds recently I believe kek.
Only a small part of pulp goes to paper for news papers and stuff like that these days. I think it's mostly packaging and toilet paper and tissues, which is pretty stable. But the margins are often not great.
I used IB as well at some point. Nordnet is just much easier with tax, they do it all automatically. And no dividend withholding tax deals with Sweden, Finland and Canada. Also nothing on US stocks and british stocks, same with Netherlands I think.

>>22807462
>>22807462
The companies might be doing great, for example UPM, but it is a literal third world country industry, boiling pulp. And their innovations being fucking single use cups. Just get a kuksa you absolute nigger. Well there are also the bio fuels and construction material sectors.

But remember they are the biggest reason behind destroying 99% of Finlands forests.

T. Yes I invest in mines, more far the better.

>>22807489
Novo is basically you guys' Nokia right now. And it's in a much less volatile industry so you are much less likely to lose it like we did.

Definitely agreed on Nordnet doing the taxes. It's not hard to do them yourself but it's still extra work.
>And no dividend withholding tax deals with Sweden, Finland and Canada. Also nothing on US stocks and british stocks, same with Netherlands I think.
Maybe Denmark has different WHT deals? I pay WHT on most dividends including from Canada and the USA. Bri'ish stocks are WHT free at least so my EDV stonks don't get double taxed on my TFSA...

>>22807542
>But remember they are the biggest reason behind destroying 99% of Finlands forests.
our forests are totally fine Tuomo. They literally grow in trees

>>22807478
Wtf, it's the fennoswedes holding you down again. Even before the recent reduction in fees it was way below that here. Will probably come down over time.
Here it's 0.15% outside the Nordics and in the Nordics it's only 0.1%. 3.3 euro minimum fee. When I get to 2M DKK soon, I will get upgraded to private banking and fees will come down to 0.05% for Nordics and 0.1% outside.

>>22807554
fucking Finlandssvensk jävlar... this is why they're richer than us

>>22807548
>Maybe Denmark has different WHT deals? I pay WHT on most dividends including from Canada and the USA
If you switch to Nordnet I don't think you have to. They have some deals in place to work it out. At least for us in Denmark lol.

Snowline update: 4,000m already drilled, results starting in July, PEA any day now

>>22807569
We are all gonna make it.
Snowline just has to double and I can retire!

>>22807568
surely not any different from the ones made between countries. Nordnet is just the broker. I'm sure you too pay WHT, you just don't know it

>>22807575
They can't change the deals between countries, but sometimes you are forced to pay more than 15% initially and then have to do a lot of work sending applications and what not to get the extra back.

>>22807588
https://taxsummaries.pwc.com/denmark/corporate/withholding-taxes
>0
>0
>0
>0
>....
you guys have enviable tax treaties. Zeroes everywhere.

Compare and contrast: https://taxsummaries.pwc.com/finland/corporate/withholding-taxes

>>22807601
Stop electing catgirls and seething about putler and you too can become rich like us. There's still issues with WHT that you have to apply to get back which can be an onerous and lengthy process. At least it used to be like that. For Germany for example, at least a few years back they took 26.25% or something like that and you had to apply to get 11.25% back and the 15% would then go towards reducing taxes here in Denmark paid by those same 15%. Not sure if they changed it, they really should tho it's such a retarded system, only makes it harder to invest, ain't noone want to pay extra tax or do that work.

>>22807572
a double is easy, this is the year they make a new discovery and 3x in 2025, I feel it in my nads

>>22807623
>Stop electing catgirls and seething about putler and you too can become rich like us.
would if I could mate... would if I could. Sometimes I wonder what it would take for this nation to use some grey matter for once.

>>22807630
Okay but wtf am I gonna do with all the money I will have?

>>22807569
>>22807630
Kek. I see SnowNiggers are still pinning their hopes on a PEA and new drilling after it already 40-bagged. I told you when to sell, but, of course, you didn't listen and shall pay the forfeit of resistance.

>>22807644
The game was rigged from the start.

>>22807676
What happens when it gets bought out?

>>22807706
A major doesn't want NovaGold 2.0 and nobody else can afford it.

>>22807718
Stupid

>>22807674
NIPPON
>>22807676
>>22807718
you've gone full-retard anon

>>22807777
Wasted quads.
I was told here that the SP would rocket on news of muh MRE (priced in), and made a tidy profits selling the hype. Now I'm supposed to believe that the SP will appreciate on a PEA (priced in) or step-out drills (greater downside risk).
The stupid take is to believe that Chief Dawna will cooperate with any company in her area. It doesn't matter how many muh gorillion ounces you have. When Dawna says, "no," you're fucked, and Dawna will say, "no."

>>22807777
Holy checked quads of truth

>>22807861
>Dawna
As far as I read, she is not anti-mining.

>>22807918
He's a FUDster short. Nobody has a better relationship with FN than SGD, they employ at least 2 FN companies to both drill and power their camp with solar

>>22807980
kek, not that massive, 6'1" 175lb Fight Club mode. Too much bulk would scare the QTs

>>22807918
The hard fact is that this project will remain undeveloped for years, if not forever, just like Donlin. When 30% of cash burned by SGD goes to air transportation, you can only imagine the tremendous costs and risks that can be expected if a company made a construction decision. Location is the fatal flaw for this project. As I noted previously, muh Great Bear buy-out comparison is spurious. GB was close to an all-weather highway in an established mining camp with adequate support industries. SGD is FIFO with only literal snow niggers in the area. It's operating window is 4 months a year as it's in a sub-arctic climate on the top of mountains.
The technical risks are one thing, but the ESG risks are another. Two FN snow nigger bands are in the area and proposed roads run through both of their turfs. Even if they are paid off, you have a literal globohomo CB rent boy as Canada's PM. Trudeau was bad, but this nigger faggot could be worse.
I've already demonstrated TWICE here that I know what I'm doing with this company. Take your money and run.

>>22808041
>Trudeau was bad, but this nigger faggot could be worse.
I think he will actually be better.

>>22808041
Have you gone short again, for the 3rd time? Maybe you've been missing the Fireweed news, both will get built

Started dumping the last of my US mining stocks before Trump's revenge taxes cripple foreign investors.

>>22808100
>Have you gone short again, for the 3rd time?
No, I'm not trading right now. I've been traveling and interviewing prospective housekeepers.
Re. FWZ, Bwandon is full of shit.
Keep in mind with these Yukon plays, they are cyclically hyped. Carlin Gold sold to both FWZ and SGD after CGD struck out in its Nevada play. It used to be the next big thing, just like these Johnny-come-latelies. Now look at it. Nobody is going to fund a remote Yukon play unless Carney invites in the Chinks or some shit.

>>22808121
you have an open invitation to move to the US anon, some states even have no taxes, you just pay federal tax over a certain amount

>>22808490
>No (not shorting SGD)
>interviewing prospective housekeepers

that's the only based, non-retarded stuff you've posted bro. Get a big booba Latina that Peter Schiff would approve of

>>22808505
I pay no tax on any gains/divies as long as they're within my ISA accounts, just whatever the foreign country charges as withholding taxes etc. It's really generous/unfair.

>>22808121
>>22808505
Come home, white man

https://x.com/DonDurrett/status/1932551208352559142?t=9zCoOaf7CmpXHaKvvQa-nA&s=19

>>22808862
>Latina
Yes, love me Latinas. I've just finished renovating the apartment above the garage, and I'll be going back to the Yucatan later this month to find a new tenant.

>>22809054
>First Majestic
>Emerging major
kek, more like enshittifying midtier
>ETFs
just why? He is already holding basically all of the sector individually judging from the list

>>22809149
Don Durrett unironically calls himself a "stock collector". I think he has accepted that he will never beat the market or even earn a positive return on his mining stocks.

>>22809171
and yet he has the gall to shill his picks and sell his subscription online. This sector is full of grifters and idiots.

>>22809188
Yeah, most people are not going to have a good time investing in this industry. Good thing we are better than everyone else.

>>22809222
trips of truth. It really isn't that hard to avoid the losers in this sector. Just need to not invest in shitcos.

>>22809279
>It really isn't that hard to avoid the losers in this sector.
Seek the losers and sell them, Teemu.

>>22809279
Yeah but shitcos are 90% of the sector. Even many of the larger miners are shitcos and the few that aren't are prized at 20+ P/E with a 20 year mine life and poor growth potential.
You have to go for some of the smaller perhaps mid tiers, make some money and invest in real companies. Miners should pretty much always be treated as a trading vehicle, not a long term store of wealth. It's just crazy how poorly some of these even larger companies like Barrick has performed. And now Bristow want to bet the farm on Pakistan of all places and chose to change the company focus to copper just when gold starts to moon lol.

>>22809188
Don has bought and pumped some epic losers in youtube vids, Great Panther and Emerita stand out. And I only watched maybe 2 or 3 of his interviews, they were too painful

>>22807553
Just be honest and call them what they are, tree plantations. One should know the difference.

>>22807557
How much would you pay for a automated tax reporting system for IB?

>>22809324
I see proper value in some of the midtiers and majors too. Not 10x value necessarily but solid 2-3x value. Barrick will do fine, copper and gold are both in demand. Pakistan is risky but I think they'll do fine. Reko Diq is a beast of an asset.

By taking on some extra jurisdictional risk you can get some pretty sweet deals, I mean Endeavour Mining for example should have like a >10% FCF yield at today's price still and they should easily pay a sustainable >5% dividend+buyback yield, and that's a major. Ivanhoe Mines is going to be on sale for the rest of the year due to some operational hiccups at their Kakula mine. Elsewhere in the DRC, Alphamin gives a huge 7% dividend yield while being basically the only game in town for tin exposure. Then there's the countercyclical or pre-production buying opportunities like Meteoric Resources, Sovereign Metals, Lifezone, Centaurus, etc. The 90% that are shitcos are really not that hard to avoid. Even in the oil and gas sector you can buy some great high quality companies for >10% FCF yield without having to go wildcatting in Africa or conventional pool hunting in Latin America

>>22810600
Not a single cent. It's easy to do. If I could, I would love to have a TFSA in IBKR but no such luck

Rumor that Snowline to be added to the GDXJ sometime in 2025, another catalyst for a leg up

London with an overnight $1 silver smash, almost all the way back now maybe thanks to Iran

>>22811359
someone's getting fired for fat-fingering a sell order at open.

>>22811357
>"rumor"
>some guy on ceo.ca said it would be cool if it happened

>>22811419
it makes sense for it to happen this year, but it is a rumor and we can WAGMI without being in the GDXJ

>>22811426
If it happened it would be the cherry on top

https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250609:nASX9YbyTT
>Kasiya Rutile Suitable for all Major End-Use Markets
WAGMI Sovereign Metals kings

Oh, noes, Hycroft broes!
Are you ok?
Yes, you, Ryszard.

>>22811537
Holy gigadump. I knew it's a shitco but what the fuck happened?

>>22811686
Cheap financing announced.

>>22811686
>iT's PuTlEr'S fAuLt

Silver just can't find its mojo

>>22811975
They're going to have a tough time holding silver down all day today with the dollar getting killed

>>22811987
wtf going on with hte dollar?

>>22807415 (OP)
god i wish that were me

>>22811989
Weimar 2.0 incoming

Holy Poo, Lagoon keeps climbing, wonder what it can do with Rana delivering Bonanza starting July 9

https://www.youtube.com/watch?v=QatrEA347ts

>>22811970
How could Russia do this?

>>22811970
omg, does this confirm Pollock a retard? I didn't think anyone here held this shitco
>>22812038
kek

PPTA is also down -20% on a private placement today. I'm buying. Stibnite is getting financed and built on a government fast track mandate.

>Cyber specialists from Ukraine’s Main Intelligence Directorate (HUR) have disrupted the operations of one of the largest internet providers in Russia’s Siberia – Orion Telecom.

>According to Kyiv Post intelligence sources, these networks were actively used by Russian security agencies to support operations against Ukraine. One of the affected areas is a closed city specializing in uranium extraction, where Orion Telecom was the sole provider — leaving it entirely disconnected.

i dunno what to do with my life or how to glean anything

>>22812027
Rana is the only reason my portfolio is green and why I haven't killed myself.
Freaking gayhorse killed me though. If bayhorse goes back to even 20 cents I would be set for life and be semi retired.

>>22812102
mood

>>22812105
I am happy you are still alive anon thanks to Rana. That Poo weeder will never stop pumping for us, just hit the 52 week high and the BONANZA is soon to be delivered

>>22812105
>he's still holding bayhorse
Why what the fuck is wrong with you?

>>22808027
WHO

>>22812105
new 52 week high
WAGMI

>>22812149
It's too late, already committed and if it moons I would live with eternal regret.

>>22810859
>10% FCF yield isn't even that great with high jurisdiction risk. Barrick is down since 4 years ago with the gold price DOUBLING during those 4 years. How that old fart is still CEO is mindboggling.
Also pic related from yesterday, case in point.

>>22812683
Big disgree famalam, I have been a big buyer in EDV. Once Assafou mine comes online in like three or four years the FCF yield will be north of 20%. Happy to be able to buy quality for cheap because investors fear military juntas. I have come to understand over the years that more often than not jurisdiction risk is overvalued by the market while operational and geological risks are undervalued all too often. People are often happy to pay a major premium on mediocre assets if they are in Canada or the USA. In the oil and gas sector you can even buy great Canadian companies for pennies on the dollar relative to US counterparts. A lot of great value opportunities for those with the balls to take the risk

Top kek, there's no stopping Rana, now up 7% today and new corporate presentation just dropped:

https://bluelagoonresources.com/wp-content/uploads/2025/06/June-2025-_Blue-Lagoon-Resources-Corporate-Presentation-FINAL-without-Appendix-slides-.pdf

>>22813173
Haven't looked into Endeavour for some time, but the military junta risk is real. Barrick just lost their mine in Mali. They also raised royalties and taxes like crazy cutting the NAV bigly for any asset there. I doubt anyone is building a new mine for a long time there.

Big things are happening

>>22813477
checked

>>22813339
The risk is real but overappreciated. I think about it this way: what would the valuation be without the at-risk assets? Is it still cheap without them? What's the value with them? What is the delta between those, and how much risk is the market implying? I'm happy to take that risk at or below 2x EBITDA.

By the way other companies in Mali have not had to stop mining. This result was Barrick's choice because they refused to pay the bribes — let's call them what they are — that were related to the updated mining code. Other companies in Mali including my biggest holding AAUC have continued operating without issue. I'm also not seeing many new major mines being built in Mali (there's a small 150koz project owned by Toubani that I think will get built) but AAUC and RSG are for sure going to expand their mines due to the major reserve bases they both have. B2 is also eager to mine new satellite pits at Fekola. As far as these companies are concerned there seems to be a mutual understanding between them and the junta that they have the green light to keep operating without having to worry about getting rugpulled. I could of course be wrong but it's a risk I'm comfortable with

How many shares of Poo Lagoon does everyone have?
I have 390k shares.

>>22813863
0

>>22810598
oh yeah forgot to reply to you Pertti. Here's a piece of data: net tree cover loss in Finland between 2000 and 2020 was less than 2%. We have literally the most sustainable forestry industry in the World

>>22813863
That's crazy
I only have 8000 at an average buy of .11€

>>22813863
>390k shares
Holy Japan WAGMI stack with a harem of 12 Japanese idols bro. What's your average? I only have 14k shares @ $0.36

>>22811537
yes, i'm okiee dokiee

>>22811686
financing, as predicted by anyone with at least 3 working braincells. Of course everyone with Gen Alpha attention span sold. I did not. I don't give a fuck about dilution in explorers. I don't buy on margin.

>>22811970
what fault?

>>22812038
do what?

>>22812056
don't worry numerous anons here are holding even shittier stuff

>>22813856
Yes the others are still operating, but the increased tariffs and taxes made costs go up big time. The sale of 50% of their interest in Sadiola is also an indication that they were not comfortable taking all the risk by themselves.
Management seems solid tho, the guy from Yamana seems good.

>>22813970
I did a good slurp at 8 cents. I bought about 100k at the price. I was buying back at like 50 cents back when it was shilled here even before crescat bought it.

>>22813987
Megacope
>>22814007
Welcome back, Dane. I'm glad to see you've given up your /biz aspirations at the cost of your self-appointed CEO role. Cheers.

>>22814052
>I did a good slurp at 8 cents. I bought about 100k at the price.

Nice job bro! I was busy shitposting about Rana getting the permits the morning it was announced when I should have backed up the truck. Could have bought at .08 or .09 still early that morning

>>22814413
what cope? I knew for months that capital rising is unavoidable

>>22814443
>I knew
If you knew the raise was going to be a buck below the SP, you wouldn't have left 20% on the table, genius.

>>22814457
I would, I don't give a fuck

>>22814413
Thanks, and based and elefantøl pilled.

Hope you all bought oil.

>>22814626
I never sold.

>>22814626
Hopefully israhell gets nuked.

>>22814007
I didn't like the Sadiola sale but thankfully that deal is in ice for now. Hopefully they don't go through with it after all. A positive way to look at it is that the market was giving an even lower implied value for Sadiola so that sale is justifiable as a way to crystallize some of the NAV above market value, plus the jurisdictional derisking added on top. But yeah company still cheap regardless of whether they sell half of their Sadiola stake or not. I would prefer they don't.

>>22814626
holy shit WTFWT?! Did war start in Iran/Israel?

>>22814843
Yes the jews actually started another war, one they can't possibly win too. They are losing their minds over everyone turning against them and are lashing out like a cornered animal that ought to be put down.

>>22814891
Looks like yet another Israel "targeted assassination" airstrike. They really want full scale war with Iran. So far Iran has only retaliated in kind with tit-for-tat airatrikes. Usually gigapumps in oil and gold resulting from this kind of activity is a fade. Iran and Israel would have to do something truly extraordinary in order for these kinds of moves to not retrace in short order.

>>22814927
Yes, my base case has been that they do some deal and stuff calms down. Same with the Ukraine war. Just seems crazy to go into full scale conflict with Iran, they are a big dawg and is supported by Russia. Everyone is only getting more antisemitic by the day. But the jews do be crazy, by the looks of the markets this is a pretty serious escalation.

>>22814950
There's for sure some short covering happening as we speak. Definitely factors into the price action especially in oil. If I had to bet, oil is probably peaking for the year this week or the next.

>>22814626
Did they bomb Kharg Island?

These kikes are out of control.
Holocaust 2.0, this time for real.

Holy fuck

Jews coming in clutch pumping my mining stocks

Is $2500 within our reach for Friday?

>>22815248
*$3500

Looking interesting

>>22813898
You must know that is not the point. Have you ever even been in a wild forest?
>Look at us, we are the least retarded out of the retards!

>>22816558
I see that I caused you a discomfort in lower back also known as butthurt

Tehran getting nuked in 3... 2... 1...

>>22816561
Yes I have. What's your point? Do you just hate money or what?

Oilbros wtf was that

What the fuck is GDXY?

>>22817426
A top.

>>22817461
Resistance hit. We'll get em next time

>listen to Michael Oliver
>"silver is going to moon in two weeks and mi ers will 10x"
>invest all savings into miners
Why do I do this to myself.

>>22817811
it doesn't work unless you pay the youtube crackpot money for his newsletter

>>22813863
>>22813910
>>22813970
WAGMI

>>22817923
Hawt.

>>22817937
KEK, that explains Japan

>>22817980
That's korea

>>22818119
my bad, this is definitely Japan

>>22817937
I mean you having an ugly chick on the team means she actually qualified and not hired based off her looks. She's a 8/10 in the mine though...

I LOVE RANA VIG!!!!!

Dundee acquisition of Adriatic confirmed, cash plus shares valued ~£2.68. I'd only just sold the last of my position at £2.51. Was my heaviest, reddest bag around 9 months ago so glad to make some money at least.

What are people's price target for poo lagoon?

>>22818533
$0.00

>>22818541
this unironically

We've entered a new phase where one day juniors lead my portfolio, then the seniors, then juniors the next... they keep alternating like a cross country team.

I LOVE RANA!!!!! 390K SHARES CHECKING IN!!!

Also which one of you FOMOed into Poo lagoon? Admit it now!

>>22818709
I'm riding with Keith

Even anyone here is wondering what the next Blue Lagoon is if they missed out, there is a small mining company run by a guy with a cowboy hat. The ticker is BHSIF. Don't miss it this time.

>>22814052
Just doubled check and I bought about 200k shares at about 10 cents on average. This is why Rana Vig is my favorite.

>>22817336
Life > Money
Many better ways to make money than running a country sized tree plantation.

I LOVE RANA VIG. HE HAS REDEEMED THE ALL OF INDIA!!!!!!!!!!

>>22819041
That's a retarded juxtaposition Teemu. And besides when is the last time you were outside? Have you seen our forests? This country is like 80% forest, and trees grow back when cut down. Money literally grows in trees and you think we should leave that money on the table because cutting a few down every hundred years or so is a bad thing and turns our forests into plantations.

Are you retarded?

>>22818533
Within 2 years Poo Lagoon will surpass Agnico as the top gold miner, Lagoon price target: US $300/share

I TRIED SO HARD!

>>22819414
Lagoon is now my 7th highest value poosition thanks to the great RANA VIG!!!!

>1. SNWGF
>2. PAAS
>3. FSM
>4. EXK
>5. NESRF
>6. BTG
>7. BLAGF GO BASED RANA!

>>22819414
>>22819934
Guys take profits right now and screenshot this post. I also told y'all to take profits on salt when it was $2/share. If you want a similar play then move some money into Talisker instead, so much better value here.

Where is our fren PAN MAN? He's missing all the excitement. Isn't Lagoon in his back yard? He probably knows some of the miners there that will be making us rich

>>22819991
I actually really like Talisker now that they have New Prosperity sorted out and for sale. No position right now though

>>22820022
You talking about Taseko? Talisker is just starting a new BC mine, also shipping ore to the Nicola mill like poo lagoon.

>>22819931
Forests are not only trees.
Life is absolutely opposed to getting maximal profit from nature. You get maximal profit by treating a forest as a plantation. That is much more predictable and industry always wants more and more predictability to grow profits. Not to forget that other organisms in forests are "destroying" the trees all the time.

On the other hand it might just be that the profits could be even higher if we still had 400 year old forests that would be used in a reasonable manner. But of course the industrialists would not even want to try that in their greed.

> Cutting a few trees
Not to forget what this kind of forestry does to the soil and the lakes.

>>22819931
>>22820067
There's more than 1 Finnbro in these threads?
What the fuck?
Now I'll never know the cool one.

>>22820067
I absolutely do. I hang Russians on trees in nearby forest. They are great food for crows and ravens. Seeing their bodies being devoured by wild animals is so much fun for a whole family!

>>22820077
ANV 2.0

>>22820029
I did mean Taseko yes.

>>22820076
No it's just my conscience.

>>22820067
Your pic related looks like a clear cut for the sake of a building or infrastructure. You should acquaint yourself with our sustainable forestry industry and how it really works. There are ways to harvest trees without bulldozing a whole forest. Sometimes it's inevitable when something more permanent needs to be built but when it comes to forestry alone there are sustainable practices.

>>22819991
It would be insane to take profits under US$0.60 that will probably happen in July if not sooner

>>22820146
How did you arrive at that number?

>>22820091
are you trying to impress me by proving you can read?

what's cheap now?

>>22820119
No, it is still very common to do large clear cuts everywhere in Finland. Just a few months ago my city did a big clear cut on a 100 year old forest next to a residential area only for pure profit.
Of course you can harvest without treating the forest as a plantation. That is mostly what was done before oil came along and that is exactly what we should do. But then also the big heavy machines damage the soil by pressing the ground and it is very rare that anything is done about it. Return to monke, use horses and the problem has been solved. Sure trucks for transportation.

But clear cuts are becoming less common. The golden age of destroying our forests was somewhere between 1940s and 1980s. Thanks boomers.

This is going to be fun.
The first tranche of the last CAD $0.25 financing will trade freely three weeks from Monday. Then the Crescent tranche will be released shortly thereafter.
Thanks, Poo niggers.

>>22820170
TNR Gold corp

NORTHERN STAR CHADS REPORT FOR DUTY

>>22820185
>TNR holds a 1.5% net smelter return (NSR) royalty on the Mariana Lithium Project in Argentina
Hard pass.

>>22820185
>TNR
Round trip to CAD$0.06

>>22820174
The industry also wants to do clear cuts for example to till the mushroom spawn in the ground. One again optimizing growth and profit.

>>22820198
>>22820199
Y'all must hate money, weird flex but ok.

>>22820206
You should have sold the Twatter pump, Dane.

>>22820228
>Selling for 10c when it's going to 40c
shiggy

>>22820239
Pity the CEO doesn't agree.

>>22820250
He bought 400, sold 200. If you take a look at their assets and don't buy the stock you are simply low iq. Sorry but i don't make the rules.

>>22820259
A royalty company with only three assets, two of them undeveloped and the other fucking lithium does not scream buy. From their financials looks like a neat little side hustle for the guy running it to cream off management, consulting and directors fees from unsuspecting rubes.

>>22820378
It doesn't matter how many royalties they have, what matters is price vs value.
The Los Azules copper royalty will do US$7M+ for probably 50+ years and the company's last financing was at a billion dollar valuation with Rio Tinto backing. Environmental permit in hand, construction decision next year.
Now lets be specific, what do you think that royalty is worth? current market cap is US13M.

>>22820259
I'm just sorry I missed the chance to short it at CAD$0.11. I'll never see that price again.

>>22820491
>>22820477
>shorting this company
Bros... do you have the brain problems?

>>22820477
0.4% net smelter on a $2.7bn NPV8% project = US$11m if it was coming into production tomorrow. Not attractive with their cash burn rate ($240k/yr for a consultant an acquirer can't fire without pay 5x salary?)

>>22820509
you are asking crowd which literally blames all their mishaps in life on a mythical creature known as "globohomo"

so make your guess

>>22820585
Yeah that's not what a royalty is. They get 0.36% (0.04% is held on behalf of a shareholder) of all revenue from the mine. Check pic related for a mine plan using 1.7Bt of their 5.7Bt resource. FS will be out next month, they could easily make it bigger with that resource.

>>22820637
I do that as well though.

>>22820642
>>22820585
It's literally a significant royalty on one of the largest copper projects in the world and they have nearby targets to grow it even further.
The in situ copper value of their resource is US$180B. If all that was processed at a recovery rate of 75% at current copper price, the revenue from the royalty would be US$480M.

>>22820644
ah, I'm sure that mixed race lesbian couples are the last one to be blamed for most of them

>>22820642
The website says "net smelter return royalty" on the front page.and nothing in the latest md&a filing contradicts that. Portions of the royalty can be bought back for cash at the issuers discretion, so if the value of the project increases significantly it's likely to be bought back, limiting upside.

Once you apply a sensible discount rate for the years before the mine is up and melting there's not a great deal of value there.

>>22820170
Ivanhoe Mines, Lifezone Metals, Meteoric Resources if you like bottom fishing. If you think oil is going to stay above $65, there's plenty to choose from: Petrobras, Whitecap, Logan, Spartan Delta, etc.
>>22820174
>Just a few months ago my city did a big clear cut on a 100 year old forest next to a residential area only for pure profit.
Are you absolutely certain they didn't clear cut that area right next to the residential area in order to expand the residential area or to build some infrastructure? Terrible if so, it's bad for biodiversity and it looks ugly too. Clear cutting should be limited to specific circumstances like buildings and infrastructure. Worth noting that forest owners typically cut down trees that are like 60-80 years old by the way, that is a ripe age for harvest in purely economic terms.

>But clear cuts are becoming less common. The golden age of destroying our forests was somewhere between 1940s and 1980s. Thanks boomers.
This was my point, we are probably among the most sustainable countries in the forestry industry. It's not perfect (never will be) but we do a bang on job and we're getting better at protecting our biodiversity. Do note that in that time we also added a lot of infrastructure and we had a much bigger industrial footprint as a nation though.

By the way, Anglo American Platinum has a world class PGM/battery metals project in Lapland that they have tried to push through for like two decades now. They still don't have social license to build it because there happens to be a certain kind of swamp that is deemed to be important for biodiversity. The locals and environmentalists are steadfastly rallied against the project. I have no horse in the race either way, I think whatever the locals and the company decide together is what should happen. If the answer to development there is a resounding "no" from the locals then let the ore stay underground I guess

>>22820713
Net smelter return and royalty is used interchangebly. There is no royalty in existance that works the way your calculation was done lol. It's a royalty on revenue, trust me. And none of the Los Azules royalty can be bought back. Some of the lithium royalty can and will, but even after that buy back it's still going to bring in a million per year starting later this year and Ganfeng calls it "phase 1" and has a huge resource on the project, so it will probably do several million per year in the future.
You lost this one bro, just take the L and the lesson to not argue with The Dane.

>>22820477
How much cash does the company burn annually? A big issue for small royalty companies is that their royalty revenue gets offset by G&A

>>22820758
A percentage of revenue would be a gross royalty (GSR). Net involves the deduction of costs first.

Lithium is garbage and the price will continue to drop. Most fo these new lithium projects will cease production in the next 3-5 years so beware.

>>22820768
Something like a million canadian, but everyone hates management and we are forcing a sale or change of directors next year probably.

>>22820585
This math doesn't math because NPV takes operating and capital costs into account while royalties are taken off the top line revenue. You'd need to do a DCF calc on the revenues only and then take the 0.4% share of that minus tax to get a more realistic value for the royalty

>>22820774
>>22820758
You are both right.
>Net involves the deduction of costs first.
Net smelter revenue royalties give a share of the revenue, net of smelter costs which are pretty negligible

>>22820777
Who's "we" and do you think "you" have the votes to outnumber the entrenched management and install better ones in their place?

>>22820774
Naw mate, you don't invest in the royalty space, do you? a net smelter return royalty is a royalty on the entire revenue from the smelter, which is the entire revenue.

>>22820777
Capital raise needed to pay off the directors lol

>>22820804
Mgmt only has like 13%. I own 1% but found out jewnet won't let me vote. Still everyone hates mgmt and there's twitterbros on the case now as well. The soviet CEO has also reassured me that he is working towards a sale.

>>22820819
daneanon... those guys are rooted for good.

>>22820827
naw bruh, i got them right where i want em.

>>22820831
>at least 14% of shares are voting for them by default but at least xittertards are talking or something
it was over before it started. value destruction as a going concern continuing in perpetuity.

>>22820840
14% > everyone else? math ain't mathing bruh.

>>22820846
>he thinks the retail tards penny flipping that own >50% of the shares are going to vote

>>22820859
People are talking about voting on ceo and some there have million+ shares. Also the Koala dude from X seems like a serious person and claimed to have been behind most of the many millions of shares traded during the recent breakout. This is not retail trying to oust directors from Kinross Gold bro, this was a <$10M company recently.

>>22820873
>the Koala dude from X
oh no lol

>>22820873
>Also the Koala dude from X seems like a serious person and claimed to have been behind most of the many millions of shares traded during the recent breakout.
so... he flipped.

>>22820879
https://x.com/YellowLabLife

>he thinks he can outsmart the koala

I took a small position in RDG in anticipation of its shares becoming free-trading on Monday. It's a @Goldfinger play, therefore confidence is high.
I'll roll the proceeds into BLLG, assuming that IBKR can locate more shares available for shorting. I took all that were available today.

>>22822023
based

>>22822023
>I'll roll the proceeds into BLLG
Too late Poo lagoon will be at $10 by then

>>22822157
>PP shares 152% ITM
>PP warrants 80% ITM
>Tranches trade freely on July 7, July 15 and September 1
>Manlet/Crescat
No brainer.
I'm prepared to short up to CAD$300K worth of this curry fart.

>>22820873
The happy Hawaiian?
>>22820170
Blow jobs from Pollacks. Basically free. Tell them you'll pay them at the end, but at the end, tell them you've already paid them. They're too dumb to know better.

>>22820747
Yes it was cut just for profit. The population is only shrinking with other new housing areas having been empty for the last 15 years. No one wants to build there.
But I would not be surprised if the retarded boomers would want to build some TikTok data centre there also.

> Worth noting that forest owners typically cut down trees that are like 60-80 years old by the way, that is a ripe age for harvest in purely economic terms.

Yes and also because of that over 100 year old trees are now especially rare and valuable. The progress to sustainable forestry is just too slow. Even though compared to for example Central Europe the situation is good, I would not take Finland as some prime example of great forestry.
And it does not help that the commie government also taxes inherited forests. Which forces people to cut them down. I would not be surprised if the pulp boiling fucks still lobbied for that tax.

>>22822469
yummy butthurt

>>22822191
>>22822157
Imagine shorting anything in this sector while gold is rapidly rising to new highs.
It was understandable to short a couple of years ago

>>22823897
>gold is rapidly rising to new highs
There's the same chance that the price of gold will fall rather than rise. If the price was guaranteed to be $4,000, $10,000, or a gorillion thousand , then it would be there already.

>>22823897
>>22823917

>>22823992
>Goldman
Do the opposite.

Snownigger-fags: a question.

Why not just buy PPTA instead?
>6Moz Au resource, 4.8Moz Au reserve + 206Mlbs Sb resource, 148Mlbs Sb reserve = 5.9Moz AuEq resource, 4.7Moz AuEq reserve at $10/lb Sb and $3,000/oz Au net of recoveries
>466kozpa Au production in the first four years, 301kozpa LOM
>LOM AISC well below $1,000/oz Au thanks to Sb byproducts
>highest grade and highest gold endowment project in the USA
>permitting fast-tracked, final permits due this year
>will likely get financed by government funny munny through a $2B application to EXIM, also has $80M award from DOE
>FID and construction start by year-end
>about the same market cap as Snowline but cash flows coming in three years instead of in the next decade
>trading at a fourth of the $4B NAV at $3k gold price

with the Feds, you win!

>>22824000
>your digits confirm the 4000

wanna roll for 40,000?

>>22824081
>highest grade and highest gold endowment project in the USA
tallest midget award

>>22824082
>$40k from the guy who said Bre-X would be a slam dunk

>>22824101
1.4gpt LOM grade and 4.7Moz reserve open pit project and in the lowest cost quartile, comparable to Artemis Gold's Blackwater in AISC which trades at US$4.4B market cap today. Hardly a midget

>>22819991
So that's like a 2 day drive
What's the issue?

>>22824675
Issue is that it's expensive trucking ore that far, they will also have to pay a lot for toll milling in such a small mill. It's a tiny mine to start with, which inherently makes it more expensive.
I'm pretty all costs included (except tax), is going to be higher than $2500/oz.
They hope to produce 15koz/year, so they will make perhaps $5M/y if all goes well. Mkt cap is now like US$70M, even higher fully diluted. Their resource is tiny. So the only hope to make money is that down the line if they make positive cash flow and start drilling that the deposit will grow to be highly valuable and it will take a lot to make a good return with a market cap of US$70M already. You are also taking a lot of risk; maybe the mine isn't even profitable at current gold price, maybe they finally drill the deposit out years from now and it's just mediocre, maybe gold goes back down to $3k or high 2000s and they now no longer make money.

>>22824761
If the stock stays up here I'm also pretty sure you will see another financing shortly at below market price for further dilution and a quick drop down when announced. They just raised money a few months ago at 25c with half a warrant.

>>22824772
They only raised not even C$5M for start up capital, which leaves very little room for error obviously.

>>22824107
He sold his shit before the Bre-X collapse though. The x1000 probably felt pretty good.

>>22824775
Hmm might consider taking profits in July and see how things go

>>22825337
>>22824107
I guess it was a slam dunk for him then. With pyramid schemes, you win!

SNOWLINE CHARLOTTE TARGET

“Charlotte” target (15 km Southeast of Valley) is a newly discovered reduced intrusion-related gold system on the Rogue Project in and around an elongate 1.6 x 0.3 km intrusion, with selective grab samples up to 28.4 g/t Au. Charlotte features a multiphase, elongate granodiorite pluton with extensive quartz-arsenopyrite veining, indicating a fertile gold system. Out of 95 rock grab samples, 25 returned over 1 g/t Au, with an average of 4.49 g/t Au and a maximum of 28.4 g/t Au. This area is comparable in size and nature to the geophysical anomaly previously identified at Valley.

>>22824761
not to mention, there's no mineral reserve and related studies so speculation is rampant. They'll produce some gold, they won't make much money, people will be disappointed and the share price will magnetize towards its fair value, $0

>>22825447
see >>22824081

>>22825387
why you want to take profits in what is typically worst month for mining stocks?

>>22827056
tbf it clearly hasn't been the worst month this year.

>>22827068
It has not even been yet, we still have June.

>>22827340
then wouldn't selling now be smart if it's going to be the worst month of the year in the next two weeks like you say?

>>22827056
>worst month for mining stocks
For your shitcos, yes.

>>22827388
>we speaking about July
>he posts chart from June
Is this that famous "high burger IQ moment"?

>>22827344
Liquidity is typically shit in the summer months, so unless he is expecting normal or above liquidity and wants to sell it seems that it's better to sell when there is a lot of potential buyers than when not so many

>>22827469
liquidity is not a concern for a small retail investor who holds a few thousand shares, especially not in this market when prices are moving up with above average volume

>>22827479
if he can sell for price he wants then good for him
I still remember anons trapped in bayhorse unable to sell for their desired prices

>>22827487
yep, you had to sell when the prices were up or you turned into a bagholder. Dangerous game to invest in literal shitcos for the longer term.

>>22827469
>Russian/German rape child mixed with kike
>Shills HYCT
Kek, you shouldn't mention IQ.

>>22827556
nice that you shared your ethnic background

>>22827603
stay silent rape baby, men are speaking

>>22827633
thanks, will use that comback later on him, thanks for a great tip

>>22827603
>>22827816
your comebacks are always just a weak "no u"

>>22827843
added to my list of comebacks
got any suggestions for one containing making fun of his belief in globohomo omnipotent power? That's some real comedic potential!

>>22827962
>conflates concept with entity
Keep digging, Piotr.

What happens Monday?

>>22828239
the sun will rise

>>22828239
I will be able to retire.

>>22828239
IBKR will make available more shares of BLLG for shorting.

>>22828239
Tehran gets nuked

>>22824081
For what it's worth, Fred Hickey likes PPTA very much and he has made it one of his "large" positions in various stocks. The bought deal was led by John Paulson for whatever it's worth. (I personally think Paulson is a moron.)

There is stuff in the ground with PPTA but I think the biggest factor in this stock is that it's getting big government loans and seems to be fast-tracked for various permits needed to expand operations. The recent outbreak of war between Israel and Iran also increases the urgency of the US to have a domestic source of antimony for weapons. As much as I don't want it, I suspect that the US will be giving Israel a ton of free weapons and those require antimony.

The recent price drop due to the bought deal has created a somewhat reasonable entry point. I'm not too sold on antimony mining but Hickey's stock picking record is quite good so I purchased a small number of shares of PPTA.

>>22829162
>Fred Hickey
who?
>John Paulson
who?

How big will the gap up on crude oil and gold going to be in an hour? I think $5 on brent and $30 on Au

>>22829183
Fred Hickey writes a news letter called The High Tech Strategist and it's been published since 1987. I had mentioned in an earlier CMMG that it's worthwhile for people investing in stocks and especially mining companies to subscribe to good news letters. Hickey's is among the most useful that I have ever read. I guess I got you confused with another Finlander from that thread.

As for John Paulson, he's a hedge fund manager who got famous during the 2008 financial crisis by copying Michael Burry's trade idea. Paulson worked with Goldman Sachs to create a highly unethical trade whereby Paulson picked the mortgages that went into a security that Goldman sold while Paulson took the other side of the trade. Obviously, Paulson picked that absolute shittiest mortgages he could find to put into the security. I think Paulson runs his own money now as QE has essentially broken him; he wasn't able to beat the index and a ton of his LPs redeemed.

Paulson put in $100 million into the recent bought deal for PPTA at a stock price of $13.20 or so.

>>22829217
all I know is Middle East war fueled moves like these tend to retrace in short order, at least in oil. Good to be long, wouldn't be buying here

>>22828239
Two weeks is over

>>22829242
Word

OK, we going up
https://www.youtube.com/watch?v=0HtyF0jux2Q

>>22830112
are we though?

>>22830302
No, it's over.

>>22830465
:(

clogged the shower drain with my turds again

>>22820017
been working not a lot of time online at the moment. What have i missed? Did Lagoon do something big? I dont know why but i am not getting their news letter lately. So much brush cutting to get so little distance.

>>22825447
thats a pretty sweet discovery! Snowline just keeps producing great hits!
Goliath has had a pretty good summer already too.

>>22830923
>>22830912
He returns!

>>22831014
i am still around but i am not too active right now, apologies if i miss anything anyones interested in. To nice weather to be inside looking at a screen.

This dump better be a fake out or I'm going to scream really loud!

Paladin up 15% last night down under. Let's gooo.

>>22831375
pretty happy about that

G O L D
P U M P I N G
https://www.youtube.com/watch?v=H1gDBzJ22S0

>>22830912
Welcome back bro! Hope you've found some nice nuggets and the gold hunting has been prosperous

https://www.youtube.com/watch?v=6rQ4fQLYuaE

>>22831672
oh thats fantastic news! I knew Blue Lagoon was doing hiring from Smithers / Burns Lake but they weren't looking for miners, I think they have a contractor like Procon for that. Great news for the region!

banking some tasty uranium profits today. we only get 10% up days a few times a year and they're usually followed by weeks of 5% downs.SPUT has cash to spend in the spot market but whe it's gone it's going to be (no) business as usual.

Tampers wear pampers

Canadian dollar breaking out, very good news for most of our shitcos!

>>22832145
On the other hand, not great news for any commodity producer in Canada. Higher CAD = forex losses

>>22831838
Yes, I know. Any news that actually matters? Like what did globohomo did to hurt you today? Oh, wait, that's actually exactly the type of nes that does not matter.

>>22812027
>>22812105
>>22818709
Rana Vig all-time greatest CEO?

52 week high for LAGOON CHADS

>>22813863
>>22813970
>>22813910
WAGMI

>>22832335
>>22832655
>>22832727
Rana is gonna chew you up and shart you out on the street. You have been warned.

>>22832794
And then this thread would turn into "globohomo did it!" or similar retardation.

>>22832913
nigger kike

>>22833620
ah yes, blaming black Jews for your mishaps in life sounds exactly as retarded

>>22831513
>G O L D
>P U M P I N G
No it isnt. It's crashing
Why are you lying?

Triple top nao!?!?!?*

*this is not a shortig advice**

**shorting a precious metals byl run may cause psychological discomfort, loss of money and suicidal thoughts

Something fucking happen and fast please

>>22834735
you prefer movement down or up?

IT'S HAPPENING
WAGMI

The lagoon is pumping

>>22834765
https://www.abnnewswire.net/press/en/132749/Ellis-Martin-Report-Blue-Lagoon-Resources-Incs-(CNSX-BLLG)-Rana-Vig-Investors-are-Seeking-Producing-Gold-Companies.html

>Blue Lagoon recently won top honors at a Shark Tank-style pitch event during the one-to-one Mining Conference in New York City. Competing against exploration-stage companies in uranium, copper, and gold, Blue Lagoon stood out as the only near-term producer - drawing attention from investors eager for exposure to cash-generating assets.

>"People are tired of dilution-heavy stories," noted Martin during the broadcast. "When I was asked which company was about to produce gold, Blue Lagoon was my first recommendation."

>Gold prices continue to rise amid global economic uncertainty, positioning Blue Lagoon Resources at the forefront of a bullish commodity cycle. The company's strong grades - averaging 9 grams per tonne with 95% recovery at the mill - are expected to generate robust margins once production begins.

>>22834765
LAGOON CHADS ARE WAGMI-ing

Bayhorse is about to pump

>>22835013
390k shares Chad checking in

>>22835022
Checked and Based Japan level stash!

Barron's rates Blue Lagoon a STRONG BUY. price target US $1.07

>>22835040
Screenshot that $1.07 or send a link

so gold chart drawing a cup with a handle with a handle with a handle pattern? we gonna moon soon during the monsoon season?

>>22835062
bottom left corner of picrel

stonks p00mpin up

>>22820146
excellent call, we just hit .62 today

I'm up 48k today...

>>22835109
nice gain anon

THANK YOU BASED RANA!!!

BLUE LAGOON IS MOONING!!!!

>>22835449
WAGMI, INCREDIBLE VOLUME TODAY

My favorite thing about the Lagoon run is Euro cuck pumper faggot GV on X (@thelastdegree) gave up and sold and took a loss a few years ago before Rana got the permits. GV deleted all his old BLLG pump tweets but you can still find a lot of his follower's replies

silver is finally going to moon

>>22835581
>>22835581
>>22835581
>>22835581
>>22835581