New Spanish Mountain PEA edition

0.46 g/t milling resource, this new higher gold price is seeing some crazy cut off grades. Strip only 2:1 though. They use US$6.66/t processing cost, which is gravity + floatation and leach of con. Cheap BC power but is that really anywhere near realistic? is floatation that much cheaper than standard CIL?

>>22895987 (OP)
It's 100km by road from Williams Lake (pop 11k), I wonder how quickly you can drive this distance. Anyone know the kind of roads there, PAN MAN?
Not sure if they are doing a camp on site or not.

Oh, noes, Rana broes, I don't feel so good
Surely Rana's friends won't redeem when they're up 200% with half warrants +100%, will they?

>>22896070
Rana broes are bloddy benchod crazy not to redeem some shares after this huge runup.

Our boy putting the hours overseeing 24/7 silver production at the world famous Bayhorse Silver Mine.

>>22896070
>>22896130
RANA GEARING UP!

https://www.youtube.com/watch?v=tzYf_w2mX2E

>>22896221

>>22896339
>blocks your path at quitting time on pay day

>>22895999
i think the Horsefly route is entirely paved but i ll have to double check that. The old likely road is mostly hard pack gravel and not bad to go down in the summer but it has a few spots in the winter that are horrible. Let me ask the guys at Likely town hall how the roads look lately.

>>22895999
scratch that the Likely road, from Williams lake into Likely proper is paved entirely. Once on the Keithley Creek Rd and the off branch too Spanish mt its forest service road bed, not bad.

I seriously thought the passage of trumps giga spending bill would have caused a price in the gold price but it did literally nothing wtf.
Was it priced in?

>>22895987 (OP)
I would double that processing cost without a second thought.

>>22897611
>>22895987 (OP)
On second thought Solidus reported a Feasibility Study on a Nevada heap leach project earlier this year and it seems to have tiny processing costs
>Process costs: $2.65/ton ROM ore; $3.23/ton crushed ore; refining costs: $0.75/oz;

>>22897344
I think everyone assumed it would pass. Gold has enjoyed the Trump premium since inauguration.

>>22896581
How fast do you drive on a road like that in BC? is it like a highway?
>>22897626
The OP PEA is floatation, which should be noted. Big copper mines do achieve that cost and I think sometimes even lower. But that's also just doing a floatation con that is shipped out. This PEA includes a gravity circuit and leach of con and it's not huge at 9.5Mtpa. Could be they achiece sub $10/t. Pretty important parameter with such low grade mill feed. The 90% recovery also seems very optimistic. Usually it's lower with floatation and with such low grade as well. Definitely a marginal deposit.

>>22897695
depends on the weather but 90km is doable on that road for the most part. Heavy trucks can run on that road pretty well continuously.

>>22896581
>>22897879
Careful passing through William's Lake, there's a major fent-head homeless problem there, with rampant theft.

>>22896070
Peanuts

>>22898208
Drivel.
Have you even looked at the book?
The orders at $0.72 total 24k shares then it thins out from there. Once Crescat and Manlet start cashing out, it's curtains.

>>22897695
don't know why I thought it was heap leach... Should be above $10/t processinh cost for a mine that size with gravity+floatation

>>22898719
Probably the 0.46 g/t mill resource. That's by far the lowest I've seen yet for a non-heap leach project so far.

>>22897344
I told you guys about that every two weeks for the last five years

>https://www.usfunds.com/resource/basel-iii-makes-it-official-gold-is-money-again/

BONANZA soon

I heard God’s whispers when I held my gold eagle up to my ear

>>22898561
Ok I sold
Are you happy

>>22899235
Nah that was Mammon.

>>22899410
>I sold
Why? You no longer believe in the jeet?

>>22898561
>>22899687
>Never ever ever selling before 2Moz+ and US$4/share
>Happy Poo-Chad-lite since '21

>>22897888
fuck williams lake its an utter shithole. Prince George isnt much better.

>>22898719
>>22898890
likely due to poor grade at scale or maybe they predict issues with dilution between a pit and mill. Another issue could be gold particle size and shape, it could be the gold is simply not easily recoverable through the usual mill methods.

>>22900424
So you think they're playing it safe with the predicted average grade?

How's your "investments" going lads, still feeling confident? You still have time to cash out and get your money into actual real physical assets before the digital system gets rugged and becomes worthless.

>>22901789
>jurisdiction's overra-ACK

>>22901789
Just don't invest in third world shitholes with no rule of law.
Problem solved

>>22903037
have fun staying poor I guess

>>22901789
Feeling preddy good yeah, will be enjoying my gains in the next system that will be doomed to fail

>>22903670
We can all learn a thing or two from you Finn Anon. Very nice gains. I am too conservative to fully invest in the mining sector, thus I average around 28% per year. But I am investing more and more of my passive income into miners.

>>22903670
I know you were big on Allied Gold probably where you made a shit ton since It's up +100%. I have a few of those positions like Solaris, Discovery and Magna but they are like ~1-2% of my portfolio, but I will put in more and more money as I get more knowledge. For example my next buys are Sovereign, Meteoric, SOLG, Lifezone etc... The best of the best, Rick is right on that, big mines bring big money.

>>22903670
Nice job bro, that's over double my '25 gain. I'm way overweight SGD and they're up 63% this year

>>22896359

>>22896419
the 'trans'ition is stuck in neutral

>>22903670
are you repping a few million here, or poor money?

>>22903670
>>22904018
what do you guys think is a good minimum amount of money for daytrading shit to be worth doing?
it seems like you need atleast $100,000 for it not to be a waste of time, but preferably more

i know you can make significant amounts of money starting with way less, but most of that seems like pure gambling

>>22904030
>good minimum amount of money for daytrading shit to be worth doing?
I do not day trade (buy sell in one day)
About 65% of portfolio is cash (ETF at 4%), there are a few notes/bills in there to take advantage of higher rates when they pop up.
Rest is stocks - and most of that (~ 50%) is large steady growth stocks. I dropped all mining garbage due to its poor performance, and have some oil and gas production and midstream - 'steady prices' (they average out) and steady dividends (they change but again average out over the years).

I hold high risk/volatile stocks like PLTR, ASTS, CRWV, RKLB, JOBY and some others which are really moving upwards, yes they are volatile. If one spikes too much I sell and add that cash to my safe cash pile. Think of a mountain climber, he climbs up, drives spike, ties off, climbs up more and repeat. The volatile stocks drop suddenly so never think you missed out. I also sell options on a few stocks for more income, which I then use to buy more of the high risk stocks. I suggest to anyone, no matter how much you like mining (or whatever) when a sector is hot make money in that sector, and realize the gains to put away, then repeat.

>>22904030
>good minimum amount of money for daytrading shit to be worth doing?
I forgot to address that directly. Any amount is good to start, you need the experience with the sector and stock to get a feel when to buy in some and dump some when it rips a lot to lock in gains. I bought 100 shares of QBTS at about $4.5, sold some covered calls made about $5. I was learning how to do it. I did not want to risk much as I learned. I bought another 200 shares and sold more covered calls. I bought a total 1,000 shares (10 contracts worth to sell more covered calls (still learning and practicing) at an average price of about $5, then for some reason the stock doubled to about $11, so I just dumped it and took the 5k. I started small, learned to sell puts, calls, got assigned, lost the stock (I dont care its just stock) but learned the process. If there was more money in options I did that ( only consisted about 2-3% of my portfolio because of the increased risk), but when dumping the stock I acquired made more money I just dumped it (not my core positions, just the gambling ones). So now with more money and more experience I am slinging more options and made about $5k last month, while the value of the stocks (100 per contract) is about $40,000. So I started small and I am using the money I make to take buy volatile stocks, but I always defend my core safe position. So how much? Start small like a few hundred dollars and slowly build up the amount and experience. I used to struggle to buy a $5k worth of stock, now its eh I throw $20k at something (I am not guessing, I am very carefully evaluating the risk and reward). But I always defend my core position, I set my limits. I am not suggesting you sell options, its just an example how I moved slowly and over time began to make more money. I bought and old QBTS several times and was out at 11, now its like $16, so I just held the 1k shares I would have made more money, but I had no idea if the stock would go up or down

>>22904014
https://files.catbox.moe/2azpxj.mp4

>>22904256
kek - how long you work on that?

>>22904067
>>22904089
tyvm

>>22901282
possibly but i ll have to look further into how they plan out their pit. There was an earlier attempt to mine in that same area back in the 90s i think, small open pit if memory serves. It didnt go well due to how narrow the paying veins were, they kept getting dilution issues, no good grades made it to the mill. I think that was the Dog Gold Prospect i ll double check.

>>22904067
65% cash in this economy is crazy. devaluation of the US dollar is eating you alive. the old 60:40 split idea is dumb.

>>22903730
What else do you have right now Alexander? You always have interesting picks. I'm hoping to snag some Chinese stocks on the cheap at some point if I get the chance. BYD, CATL, Xiaomi. Fingers crossed there will be a big sale at some point
>>22903767
Yeah I made bank on Allied, still long and I expect another double in a few years. Will be taking some profits again at $30.
>Sovereign, Meteoric, SOLG, Lifezone
love these. Rick has been really helpful in showing what works in the sector. I don't always agree with his assessment but his practice is basically foolproof.
>>22904018
>>22904030
Over $100k now, just broke the six figure mark a while ago. I don't really recommend daytrading per se. I do trade in and out of positions but I always try to invest for a longer time frame, typically three to five years. The best money is made by just buying at a low price and waiting patiently

>>22904256
Based

Smiley bastard Rick "I would suck Russian govt cock for access to shares of their miners and drillers" Rule on Bloomberg
https://www.youtube.com/watch?v=Irxd2P_J2YI

>>22905024
mad cuz poor lol

>>22905090
we will see after results of these drilled core samples analysis from Tannenberg

>>22904563
Just remember to mention it's full leverage so let's differentiate between your cash and brokers. But good job.

>>22905170
Oh noes, another poster from Poland.
Masz akcje GreenX? Czy peronujesz?

>>22905170
>>22905184
Which one of you is this guy?

>>22905193
Not me. Also that dude does not live in Poland most likely.

>>22905139
I genuinely hope you make bank
>>22905193
this guy is who is commonly known as a "based retard"

>>22905193
This guy's story is pretty funny. He's obviously a terrible investor who doesn't know what he's talking about. Still manages to pump a shitty marginal OP copper project in Mexico that's never even going to get a permit and the resource is shitty anyway, to an insane valuation. Down 90%+ since then and still overvalued. He's a retired dancer kek. I've watched a lot of his videos, kinda enterntaining for some reason. I wonder if he dumped on his followers when oroco pumped.
He pumps all sorts of shitcos on his channel, I don't think any of them has actually worked out lol.

>>22905208
>>22905239
Based, IDK, retarded, yes.
He attacked Prismo in a video, which is fine, except his only source was perhaps the least credible person in the space, @RocketRed. To take something RR wrote in a forum and run with it is next-level retardation.

>>22904285
Found it on the archive

>>22905239
Looks like he managed to pump another company, Aduro, that works on recycling plastics, but still hasn't any revenue yet. Looks like different retard Cathie Wood is also pumping this stock. Probably a good short here.

>>22905300
that's what makes it based. He's so retarded it loops around to becoming based

>>22905310
Just watched a video of his where he argues that a price target someone made based on assumptions he didn't want to go into, because "that's your job", of 95x current stock price was actually conservative because it only implied a small market share of the global plastic recycling potential using their tech that hasn't even been proven commercially viable yet.
Chief scientist and head of R&D are indian.

>>22904563
>What else do you have right now Alexander? You always have interesting picks.
I'm still holding Chinese tech, Ping An Insurance (largest Chinese bankasurrance company), Link Reit (largest Asian REIT mostly shopping malls, parking lots in China/Hong Kong and some office space). I still hold Indofood great company imo also TLK the largest Indonesian telco company, some US stocks in my portfolio like UNH, TGT. The rest is mining juniors and some oil stock mostly PXT.TO right now.

>>22905401
>Chinese tech
just Ping An or any others?
>Indofood
tell me more about this. Do you have any first hand experience with their products?
>REIT
>telecom
>PXT
yikes!

>>22905422
>just Ping An or any others?
BIDU, JD & BABA.
>>22905422
>tell me more about this.
It's selling for really cheap and the product is really cheap and great for the price, their products have been spreading across emerging markets in Asia and Africa. Hey what do you have against REITs and Telcoms?

>>22905563
>Hey what do you have against REITs and Telcoms?
they're just classic value traps, I don't really know enough to have any opinion beyond that. I'm sure there are great opportunities there too. I'll have to check out that Indofood one, once I rotate away from commodities a bit I might want to own something like that.

Parex sucks dog dick but they're cheap if you like cheap for cheap's sake. Pic related is PXT's finding and development costs. Yikes!

>>22906369
>they're just classic value traps, I don't really know enough to have any opinion beyond that. I'm sure there are great opportunities there too.
Exactly.
>Parex sucks dog dick but they're cheap if you like cheap for cheap's sake.
It's something of a trade.

Got another turd stuck in the toilet. It's a vintage toilet and my big alpha shits don't fit down the granny turd hole.

>>22904546
>65% cash in this economy is crazy
I hear you . But, I need some stable base to offset my volatile stocks. Although the volatile stocks represent a small portion of my holdings, they are generating a lot of money (for me) and my overall portfolio is growing nicely. some times it stalls a bit, then accelerates again. The stocks I mentioned are doing 2,3,4-10x. And the combination of oil stocks is averaging about ~ 10% dividends when the dividends are cut for their re-investments. According to the brokerage web app my risk level is very high, even with the cash, and not including the options, so I want a large landing spot of safe cash.

>>22905193
He lives in Indiana or Iowa. Drives a jap shitbox. I used to watch his vids "why I hate miners" which were pretty funny. He was pushing some stocks which actually hit. I recall a few years ago he was pushing Arduo when it was pennies now about $10. I do not follow him anymore, no particular reason.

>>22904546
>65% cash
Also that's an ETF of US treasuries paying about 4%, with a couple bonds paying like 4.3% and no state or federal gains taxes, so its not technically zero interest and being eaten away at current inflation. Yes I now real inflation is higher.

>>22904563
>Over $100k now,
Good job. A stock you might consider is ASTS (AST Spacemobile). Stock is moving up but still volatile and there will be pullbacks. They are manufacturing and launching satellites that will connect directly to current cell phones for calls and video calls where there is no cell service. Its blows Starlink sat to cell service out of the water. ASTS is NOT competing with cell carriers like Voda, ATT, Verizon but partnering with them and signing deals already so their existing customers can get coverage anywhere. ASTS needs to launch a lot more satellites this year and next and if a rocket blows up there will be a major set back. They are also getting US government DOD contracts. I know its not a mining stock. From what I can see all the major cell carriers will want to sign up with ASTS and not be left out of the service.

>>22906873
It recently doubled
Bad time to buy

Literally zero reason for gold to be dumping
The market is fucking retarded

>>22906873
>A stock you might consider is ASTS (AST Spacemobile).
Sounds extremely capital intensive

>>22907773
and the fucking riggers have silver down over $1 from the overnight high

>>22907942
second week of july, all the buyers have rolled into the september delivery contract already. they cover this on the first day of precious metals class.

>mfw brics and Basel III make golf +400% in the next 3 years
https://x.com/NoContextHumans/status/1941757758107181128?t=D-e91h7efVW1z5DHvGs5pg&s=19

Oh, noes, Rana broes!
aRe YoU oK?
You should have paid attention to the redemption schedule >22896070

>>22908336
Thank God I don't golf

Spartan Delta out with some monster well results at their West Shale Basin Duvernay acreage
>Initial production ("IP") on its first seven wells have averaged 1,220 BOE/d (87% liquids) and IP180s on its first four wells have averaged 867 BOE/d (79% liquids).

Galleon starting to sail

>>22908699
I hope this long time Galleon Chad is still with us, a good bro

After years lost at sea sails are finally set for 10 bagger WAGMI

>>22908510
It's for rich white people only anyway gold

Scottie happening! First Rana, then Galleon and now Scottie, 2020-21 /pmg/ bros who persevered looking good

https://pro.ceo.ca/@newsfile/scottie-announces-6-million-equity-and-usd25-million

Kek

>BLAST FROM THE PAST DAY

>>22909510
>volume: 3 shares traded

>>22907134
>It recently doubled
>Bad time to buy
that's the volatility. You can wait till it doubles again. I am buying anyway.

Dakota Gold out with a great PEA. Weird that they call it the "Initial Assessment with Cash Flow" in the US apparently.

>Heap leach
>Strip ratio well below 1
>Less than $400M initial capex
>17 year mine life for M&I, 28 years when including Inferred resources
>Producing roughly average 150kozpa
>$1.6B NPV5% ($2.1B when including Inferred) and less than $1,100/oz AISC at $2,350/oz gold price
>After-tax IRR at 100% at current gold price

Quite nice. Happy to be long. I think I mentioned the company here once or twice but I never really talked about it much. Good room for a 2-3x from here as they develop the project imo

>>22909938
Bravo also out with a PEA. The PGM price assumptions are higher than spot prices but they outline a $1.2B NPV8%. Still a comfy hold for PGM exposure.

>https://www.fxstreet.com/analysis/physical-gold-rising-as-basel-iii-bites-video-202507041513
Physical chads, our two weeks is almost over

>>22910319
Did you catch Viva Gold's PEA? It was such dogshit that they didn't even put numbers in the headline. Tonopah was Midway's third project after Pan, so it has to be a piece of shit.

>>22910319
>The PGM price assumptions are higher than spot prices
lol

>>22910478
First I ever hear about it, looks like garbage though

Nicola moonshot damn

>>22911574
cumshot on whom?

>>22911574
Too bad I sold back in 2023

>>22911591
Got GreenX Metals?

It's interesting how some stocks are at the same levels or higher as they been in 2021 yet mainstreet is clueless about mining sector and some who were in back then are still negative about sector

>>22911618
Once we start seeing the clueless generalists rushing in we'll know we are in the late stages of the bullrun

Any Nicola Chads? I got some in Dec 2020 but sadly only a tiny position, it's up 190% since

I feel like the market has been crabbing for years
Wtf is going on

Rana broes, why so quiet lately? I thought you'd already be celebrating tomorrow's grand opening.

I've made some good money trading these wild Perpetua swings. Sure I'll get run over one of these days but it's treated me well so far.

Oh, noes, Rana broes!
aRe YoU oK?
It's only the second day of the first scheduled redemption and we're already down >10% since Friday. This is making Rana look bad just as he's about to open the most wonderful mine in BC. How could Rana's friends do this to him?
>>22896070

Rana broes, you made this too fucking easy.

The first Crescat tranche is released in a week. I can hardly wait.

>>22911890
>>22911908
>>22911935
390k poo Chad. I'm financially ruined.

>>22911944
Don't worry, Rana broe, the mine opens tomorrow and we'll be cash-flow positive in two weeks.

>>22911944
>>22911960
>slurping

>>22911908
I love Rana, he just got me 7 free Snowline shares during today's SGD sale

copper traders going wild

>>22912247
WTFWT?!

>copper up bigly
>silver down a measly 0.2% after recovering from the slam
>polymetallic miners that have tons of copper are hammered down 5-10% because they have silver

make it make sense

Also, for anyone paying attention, it looks like lithium carbonate and lithium producers have bottomed. Grab your bags at discount.

>>22912682
copper is up on traders trying to beat the new tariffs, it doesn't raise the value of producers especially those outside the US. it's bearish US industry and consumption.

>>22912710
>it looks like lithium carbonate and lithium producers have bottomed
two years too early mate. some big projects still being developed for no customers.

>>22912756
Yes and no, the big projects that are on hold aren't going to be ready to meet the sudden demand for drones, robots and air taxis. New customers. Producers that can ramp up production quickly are about to start printing money again.

>>22912786
>sudden demand for drones, robots and air taxis
OMFG.

>>22912805
You don't get it. Militaries are going full drone.

>>22912810
>You don't get it.
Oh, yes, I do get it. Just ask Brunswick broe. There are no temporary supply constraints now like there were in 2023.

>>22912786
what the fuck is an air taxi?

>>22912786
>on hold
dude, Zijin and the rest of the chinks are not keeping their massive lithium projects on hold. They're developing them actively.

Kek, why'd you cut out Rana's pic?

Did you get quiet with your pile of bullion today and listen to what it whispers to you?

>>22908557
Spartan Delta poomping now that the market realizes the value of their West Shale Basin Duvernay acreage. Their spinco Logan Energy basically at bottom, possibly the bottom. Logan doesn't have assets that are quite as good but they also have the allstar Spartan management & BOD which have a history of creating value and outperformance to shareholders. Spartan Delta's next door neighbors, Paramount Energy, also have a great position in their Willesden Green Duvernay. All three companies are set for growth as they develop their acreage in the years ahead, and both have a history of value creation in the WCSB. Do with this information what you want frens

>>22912786
the processing bottlenecks that caused the last price spike from "sudden demand" have long been solved. the stuff is everywhere. it will only see significant demand growth if it stays dirt cheap, there's too much competition and substitution risk in batteries, especially at the higher end of the market where better products that don't spontaneously combust are being developed all the time.

you need to see more bankruptcies and closures than developers to reach a bottom.

>>22912682
How the fuck is a copper tariff bullish for copper?

>>22912871
would never do anything to make based Rana look bad

>>22912981
USA firms trying to secure their supply before the tariffs kick in

>>22912959
Your Limey friend likes this stock. Is he respected in your end of the pond?
https://www.youtube.com/watch?v=scJJKML8Elo

Why is chart flat? Some banking holiday again? xD

>>22914528
never heard of the posh cunt. sounds a bit south arfican. can't trust them.

>>22911758
I bought a few thousand shares some years ago at about $0.23 USD per share. I did not see any news that explains the sudden spike in price so I decided to sell about 25% of my shares, recovering about 60% of my initial cost. I'll let the rest run with the understanding that the stock can drop 70% from here and I'll still be at break even.

The only recent news that I saw on the company's web site was from a few months ago and it was an announcement that they have made a line of credit available to Blue Lagoon. LOL.

US copper stockpiles are near their all time highs. Copper prices probably cooling down from here.

And yet Surge copper is still surging

Dang Purepoint Uranium ($PTU) up buggy after some decent deposits confirmed on recent NR

>>22917509
Speaking of, Surge Battery Metals remains a cult stock if the ceo.ca chat is anything to go by. Bagholder central for sure. Interesting to see such a fervent sentiment at these bottom of the barrel prices. Lithium sentiment is puzzlingly cheery.

>>22918302
Speaking of hitting the bottom, IRV seems to have some nice momentum bouncing off some all time lows.

Let’s get this Japanese Waifu beast going already. I think Hokkaido must be a difficult district for permitting.

>>22917509
i saw Surge had some news about another big investment, good news to see over all!

>>22918644
Hey, Pan Man. Would you have idea idea why Nicola Mining's stock price has had a rather large run-up since late May and especially since the start of this week?

>>22918501
Feel free. I'm staying far away from that shitco

>>22917511
strong radioactivity in the initial drilling indicates narrow areas of potentially 10%+. Their jv partner Iso continue to fall after doing that cap raise. Still early, it's still in potential discovery stage.

Is gold finally back this time?

Seeking btc make ath while gold crabs is distressing

I wonder if coming weeks would bring PM spikes or would it be yet another summer of watching the paint dry

nice news release from NFG, 55.0 g/t of Au over 35.05 m not too shabby infill

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2830-tsx-venture/nfg/183436-new-found-gold-expands-and-confirms-continuity-of-high-grade-gold-mineralization-at-the-keats-west-zone.html

>>22919676
wonder what's Rick's reaction xD

>>22919683
and the 55.0 g/t of Au over 35.05 m is at the bottom of the pit. Sprott is right this will go a lot deeper

>>22919708
looks neat
they still drilling in other places this year?

>>22919713

Oh, noes, Rana broes!
aRe YoU oK?
It's only the second day of the first scheduled redemption and we're already down >10% since Friday. This is making Rana look bad just as he's about to open the most wonderful mine in BC. How could Rana's friends do this to him?
>>22896070
On Tuesday, the second tranche will be released, the first Crescat tranche. Based on prior performance, Crescat will likely attempt to cover its costs from both tranches, a total of CAD$1.1M. At current prices, this work out to about 1.6M shares. We know that once Crescat starts selling, the SP will drop and perhaps 2M shares will need to be sold to cover costs. The up to 18% drop after the Phoenix release will seem like nothing once Manlet and friends get in on the action.
CU next Tuesday.

Rana broes, why no presser on the Grand Opening? Did the conveyor break when the jeet threw the switch?
On Tuesday, the second tranche will be released, the first Crescat tranche. Based on prior performance, Crescat will likely attempt to cover its costs from both tranches, a total of CAD$1.1M. At current prices, this work out to about 1.6M shares. We know that once Crescat starts selling, the SP will drop and perhaps 2M shares will need to be sold to cover costs. The up to 18% drop after the Phoenix release will seem like nothing once Manlet and friends get in on the action.
CU next Tuesday.

>>22919911
Wish I could trade CSE/PURE... Would short this jeetshit with you.

>>22919911
you don't think Rana has a plan?

>>22919949
>plan

>>22919962
kek, when do you take profits? There probably will be a lot of buying if it dips below .45US

>>22920200
>when do you take profits?
Around CAD$0.41 would be nice. That would leave me with a post-tax USD profit of $20k. We'll see how it plays out next week when Manlet's crew gets busy. I am tempted to hold longer term though, since I don't believe Rana's mine will be profitable.

>>22920219
>Around CAD$0.41 would be nice

Bro that's like .30US, I will be amazed and crown you undisputed cmmg champion if it gets that low. I think you might see .39 or .40US with a little luck

Summers are so fucking boring
and make you sweat

Has Ivanhoe mines bottomed out yet I've been looking at them for some time

Kinda hilarious how in last 4 years to today holding the big exchanges listed gold and silver stock (many stocks, not the best perormers only) and regularly buying each month some gave results of more or less plus as many percents as holding physical gold and silver. It means that they like only tracked the performance of physical itself. Makes me wonder about the real amount of room to run.

perpetua flying today. I'd already sold my trading position lol.

>>22920392
idk but I am a buyer.
>>22920684
I'm still holding an overweight position. Looking to add on a proper dip if the market graces me with one.

Taseko also been doing very well. Happy with my small position. Hopefully somebody buys New Prosperity from them.

WAGMI

>>22921121
bearish

>>22921215
Maybe Gary is due

where do i learn more about smart contracts?

Wow I fucking hate bitcoin
I thought for sure it would dump.

When is it gold's turn?

>>22921988
don't compare dick sizes with markets you're not participating in. there will always be something stupid going up in value. maybe gold will be next.

Snowline bro what the fuck

I thought line go up? Not triple top rejected.

stupid leaf

>>22922052
How am I wrong

why do you care about the digital token

>>22922034
I believe you have to add these dips and then sell a few back to Mr Market next time it runs. Have been adding and now at my all time high with 33,345 shares and will probably sell back 345 next time it pops to $6.30US. Eventually, it goes on a Great Bear style run leading to the buyout. It is a little frustrating the PEA sp gain mostly got taken back. We might even see the same thing soon with great drill results where we jump 10%+ then see the fuckery return to grind it back

it angers me greatly when i see NAK is a 6x the past year

>>22922329
Because I think it's taking the spotlight off gold and silver

>>22922452
Okay I guess I will wait, since its going to happen in 2 weeks from now.

>>22918828
no idea, i ve been busy all week but let me have a snoop around online. Might be down to Blue Lagoon announcing their opening Dome Mountain today?

>>22923120
99% of the people who buy crypto don't give a fuck about gold. Most of them also don't give a fuck about stocks. Why do you care about their digital tulips?

The annoying part about getting a double in short order is that I always feel like I missed the chance to buy a bigger position

>>22923130
If crypto didn't exist, many people would be trying to find a speculative money sink to escape the us dollar. I think that PMs and miners would have done that.
I think that's the reason miners are beaten down so much from their ATH even though gold has gone up so much.

>>22923133
Very happy with my smaller Hot Chili position though. I feel like I have just enough shares, any more would be overkill. Managed to time the bottom with these two stocks pretty well

>>22923136
You are just impatient. The miners will pump over time and they will likely reach way overvalued territory. Things take time and that's what speculators always forget. These cryptobros would never have invested in commodities or anything related to them anyways, the ones that buy stocks will end up bidding the top once it becomes trendy. Miners and gold are niche and contrarian especially in this part of the cycle. Instead of hating on them, thank them for giving you the opportunity to buy low and sell high.

Speaking of, I boughted more Northern Star.

GARY: FRIDAY SQUEEZE POSSIBLE

>>22923152
You're right but it's taking too long REEEEEEEEEEEEE

>>22921988
The year 2000.

>>22923248
would be hilarious if silver dumps today

>>22923878
would be just another instance of RGI

lithium cucks in shambles

>>22923248
Its time

silvah iz 37.60 bugz

Would it be a dump hour or a pump hour?

37.80

>>22924105
wen silver miner FOMO?

>PAAS
>HL
>AG
>EXK
>FSM
>IMPACT
>GUANAJUATO
>GOGOLD
>BAYHORSE

ZSL looking tasty

IT'S HAPPENING

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2710-cse/bllg/183557-blue-lagoon-resources-officially-opens-dome-mountain-gold-mine-in-british-columbia.html

>>22924312
>8 moar weeks

Anybody else thinking of buying Zijin? I already have a position but I would love to top up before the spinoff. Absolutely phenomenal company with major growth in all areas through 2028. Zijin + Ivanhoe = the best gold & copper majors on the planet imo

Semi intresting fact - USDPLN is at the same level it last was during the money printer goess Brrrr era fr fr

Also kinda I kinda expected a stronger reaction from silver stocks, but whatever, it's summer time

god damn gary really was right. I'll never ignore crackpots and conspiracy theorists again

>>22924331
Better than McEwen at current price?

>>22924420
I'm actually not certain when it comes to the value. I'm not too up to date on McEwen. Quality wise though, Zijin and Ivanhoe take the cake hands down. Will have to do some homework on McEwen

Having this price of silver in summer month is nice BTW. Wonder how price would perform in August.

What happened to FDR?

>>22925116
Franklin Delano Roosevelt?
[spoiler]He died[/spoiler]

>>22925116
looks like it got cheaper. Time to buy.

silver just hit 38.40
now das ist interestung

>>22925477
checked, they were looking pretty impressive last time I read some news releases, didn't know if anything changed or just the usual market nonsense happening. Maybe a big holder sold, I think GV was in it

Silver futures 39.005

https://www.youtube.com/watch?v=aSn1g-6h1OQ

This get 100 upvotes
https://www.reddit.com/r/wallstreetbets/comments/1lw7xk3/nak_the_final_frontier/

This get over 300
https://www.reddit.com/r/wallstreetbets/comments/1lsn88j/anyone_else_long_gold_stocks_im_holding_this/

>>22925499
Classic GV dump. Company itself is good, only more positive news since those highs and it's now down almost 50% from ATH.

>>22925533
>>22925540
worrying.

SNOWLINE BROS WE GOT MENTIONED ON FOX BUSINESS AND THE STOCK JUMPED 11% IN LIKE 5 MINUTES LMAO

>>22925646
HALTED!

>>22925658
Holy shit 17%

Japan Snowline bro, are you seeing this shit?

>>22925669
Almost 20% now

>>22925646
>OTC
into the garbage bin it goes

>>22925677
It's up 19% on tsx right now

>>22925687
Actually it's up almost 23% now
Holy fuck it just keeps going up.
I'm scared its going to fall though

futures price record of today so far is 39.180

>>22925693
It's closing in on 30%
Mind blown

spot above 38.40, almost 38.50

https://www.youtube.com/watch?v=0HtyF0jux2Q

Anyone invested in Ecuador? XD
https://www.youtube.com/watch?v=9cQlVww0zKo

https://streamable.com/9833p1

>snowflake gold

I'm vibin' to this silver bull run fr fr
the riddle is how far we go this summer
https://www.youtube.com/watch?v=cvvd-9azD1M

38.50 hit

FUCKYEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

THIS FEELS GOOD
https://www.youtube.com/watch?v=cvvd-9azD1M

>>22925759
I am. Got paid pretty well for my Lumina Gold shares. It was a piss cheap takeover but profit is profit. Still long Lundin Gold and Solgold. Would like to buy CMOC shares if I can get a good dip there, they're the ones who bought out Lumina. Smart chinks, also great copper producer, world's biggest molybdenum producer and a major producer of phosphate and niobium.

Royal Gold is on sale now that they are acquiring Sandstorm Gold. If the deal goes through it would be a massive boon for Royal Gold, Sandstorm has been trading at a lower premium to NAV compared to its peers. I am already long Sandstorm prior to this takeover announcement, now I am also long Royal Gold thanks to the market's flash sale.

>>22926026
Lumina Copper is trying to get license to explore/develop copper in Poland. It's old discovery done by KGHM in commie times but was not developed due to deepth. Lumina would have to implement cooling system.

>>22926036
Probably a small high grade mine? Not really my style but the Lumina franchise has a history of generating returns to shareholders. Lumina Gold was important for me because it was a tier 1 copper-gold asset.

>>22925646
>>22925658
>>22925669
>>22925778
WAGMI

>Kip Herriage: "Snowline Gold could be the largest gold discovery in North America in decades, maybe ever."

>>22925669
>>22925778

>>22926051
What a shameless pump statement when Nevada Gold Mines and Pebble exist lol

>>22926041
would have to for details
it's Kupferschchiefer just at that given location it's deep and KGHM being for decades an outdated museum had no tech or means of developing anything there

50 millions t (t as in thousand kg)

>>22926065
I know Kupferschiefer. It's just a very well known area already. I like the Central African Copper Belt more. Much more virginal ground, and not run by haughty yuropoors

>>22926065
plus miedzi copper did a discover "Nowa Sól" ansdd I see it's total around 848 millions t of copper+silver

>>22926075
you indeed are a chinese

>>22926051
>>22926054
It's selling off now. Still around a dollar more than it was 8 hours ago.
A lot more eyes on it now.

I could have swung this when it was up 28% but I got scared of being sidelined.

>>22926095
but avoiding investing in non Polish govt linked mining in Poland is kinda wise tho

>>22926096
that streamable video got nuked, here it is on vimeo:

https://vimeo.com/1100718892

Today was just a preview of what's coming, I wouldn't worry about not selling any today, the run will likely resume Monday

>>22926206
>the run will likely resume Monday
Why do you think this? It sold off quite a bit from the insane ATH.
I hope it doesn't bleed down to $8 again.

Either way, I'm holding and happy.
I also bought STA which may resume trading this week. Hopefully snowline's publicity boosts that one as well.
WAGMI

>>22926095
honorary laowai, ackshually.

A Chinese family moved to our apartment a half a year ago by the way. Man, woman, two kids. They moved here because the man wanted to get a nurse's papers, woman is a doctor by trade. Really nice people as far as first impressions go. The man can already have a conversation in Finnish, although he needs the help of Google Translate whenever new words come up. We even exchanged contact info. I'm reminded of hearing that Chinese nationals are instructed by their government to have discussions with locals abroad and report what they learn to their government. I believe it. I don't really have any sensitive information to share though lol. Very nice family in any case, they'll move back to China once they are done with their education.
>>22926105
best due dilligence I could ever do was just read your posts on how they fuck up at every turn over there.

>>22926270
depends how many ADHD schizophrenics ala Rick Rule been holding it

>>22926287
>honorary Laowai
according to NSDAP Fins are mongoloids, so close enough

And yes, PiS was a peak nepotism and incompetence.

>>22926270
If I remember correctly the Kip interview on Fox back in Feb started a run that lasted days. Too tired right now to check

>>22926299
>mongoloids
There's a friend at work who looks more Asiatic than Finnish but when I asked him about it he said he also has no idea how since he is about as Finnish as could be lol. We literally are mongoloids

>>22926060
>What a shameless pump statement

>QH: hold my beer

>>22926834
Sniggers rise up

>>22926633
his grandma had sex with an Kalmuk during Winter War or just have more pronounced adaptation to low temperatures in eye region just more recent than one present among Asians

>>22926971
Genes work in weird ways sometimes, maybe some ancient DNA was activated or something, maybe his great great grandfather had Sami roots or something. Could of course be the classic postman/plumber/etc situation too for sure. I will never know.
>>22926764
How this isn't criminal I do not know. Especially knowing that it comes from a qualified geo who is also financially tangled with the company in question.

>>22926834
Someone needed exit liquidity.

>>22926962
WAGMI Snowleaf fren, imagine when we completely break free

>>22925759
The only bad thing about LUG is that I'm late to the party and wasn't able to fully position in

>>22927664
We're gonna squeeze through fren.
Also that guy was a different leaf.
I guess there's more than one leaf who holds snowline here.

>>22928014
Outstanding, the Snowline Japan WAGMI Club is growing!

>>22927975
Yeah I would wait for a dip. It pays a good yield even at the current share price but it's not super cheap anymore. Endeavour Mining is cheap if you don't mind the Burkina Faso exposure. So is West African Resources and Allied Gold. Jurisdiction risks carries a negative premium for those with the balls to take it.

>>22928051
Name-drop pumps never last. You'll shortly be struggling to hold CAD$8.00.

>>22928356
>Name-drop pumps never last.

Bro, Kip last talked SGD on Fox on 2-12-25

https://vimeo.com/1100851485

look at the SGD chart (picrel) starting 2-12-25

Yesterday could be the start of the next big leg up, we'll see next week. If the fucking Canadian riggers hadn't halted the stock yesterday to stop the momentum and fire up their algos we'd be over $1 higher right now

>Kip Herriage: "Snowline Gold could be the largest gold discovery in North America in decades, maybe ever."

https://vimeo.com/1100835394

Takopi's Original Sin was a great read. I also like the new anime adaptation. It's misery porn though so not for everybody.

Uhhhh commodities gold oil or something

prepare for the SILVER SLINGSHOT

>>22928957

>>22928982
He is retarded in geopolitics but I like his charts autism

>>22928957
>>22929232
isn't this guy wrong with his chart meming like 99% of the time? He has his heart in the right place but he's, as usual in this sector, a retard.

>>22896070
>>22908475
>>22911890
>>22911814

BREAKING NEWS: RANA HAS THE BONANZA

https://x.com/bluelagoon_res/status/1944150296038715699

>>22929506
15k oz per annum operation. What is that like a Tier 20 mine?

>>22929506
>>22929516
This is gonna crash and burn so hard.

>>22929523
the cannabis company CEO will fail at running a tiny marginal mine? Say it ain't so!

>>22929516
>>22929523
Rana will deliver millions of oz of Au through exploration with no dilution

>>22929534
>words said moments before the private placement hits the newswire

>>22929529
>>22929537
How dare you slander the great Rana, the man who taught Mr. Hockey Gordie Howe everything he knew

>>22929529
I can only see the CURA stock history since early 2024, from which it has fallen 70-80%. It's now worth $1.2B and was worth nearly $6B when Rana's Lead Ventures did a reverse takeover of CURA and went public. They have probably raised money many times since then as they are running at a loss every year.
Oh well, this time is probably different.
>>22929534
You're gonna get scammed by a poo bro, wisen up.

>>22929547
>You're gonna get scammed by a poo bro, wisen up

Have been riding with Rana since '21 and up almost 50%. Holding until Agnico pays up and 390K share Lagoon Chad invites Lagoon bros to his Japanese idol party mansion

>>22929592
Trust the plan.

>>22929592
Count your lucky stars for this pump and dump that shit Monday.

>>22929596
>>22929600
Never selling until at least a 10 bagger. I'd trust Poo Rana with my life and have made Lagoon 1.9% of my portfolio

>>22929608
At least it's a relatively small position.

>>22929608
>I'd trust Poo Rana with my life
>and have made Lagoon 1.9% of my portfolio
these two statements clash, but I know you are memeing for the laughs

>>22929506
>>22929534
>>22929540
>>22929592
>>22929608
Nigger, you'd better sell before Tuesday when the first Crescat tranche is free.

>>22929592
And don't cut my Poo Girl out of the picture.

>>22929644
Kek, wouldn't mind a nice dip so I can slurp from the Lagoon

>>22929683
Kek, Rana has failed in this one area, female miners are supposed to look like this

>>22929703
You just know.

>>22929804
>The proceeds from the emergency financing will be used to settle the unwarranted and hurtful sexual harassment lawsuit brought against the Company

>>22929804
>>22930070
omg, when doing my due diligence I never considered the extremely high probability of Rana having a sexual emergency around the BC miner females

>>22929242
I didn't said his charts are right or wrong
I just said I like his obsession about charting everything, trying to find relations

does these relations exist or not is another topic
which could be debated

Gary says

>>22932267
>silver to $500
Where do people base this shit on?
I can see gold going a lot higher but not silver. Silver really isn't a monetary metal anymore and it's been stagnant for a long time.

>>22932089
it\s a very human thing to try to find systems and causalities and patterns in everything. Charts are great for that kind of autism. The cool thing is that chartists are kind of right about some things, but it's mostly just human psychology in the end I think. The more simple your TA autism, the more reliable. The more up your ass you go with TA the more wrong you tend to be is my experience. That's why I only use simple indicators like RSI and a few moving averages.

Mecha Break is pretty fun. Feels like I'm playing TF2 again except instead of playing with mercenaries I'm playing with giant mechs. I kind of wish the matches were longer and there were more modes than just 3v3 and 6v6 though

>>22932461
it's not even TA most of the time why he makes charts

>>22932489
the answer when talking about charts will always be, the 'tism

Are you guys hyped for contracts market opening? Or do you think spot price is gonna doomp?

https://www.youtube.com/watch?v=8iwBM_YB1sE

>>22932536
maybe it's because it's Summer now but I haven't been super tuned into the markets lately. Always nice when they're open though, I've got tomorrow off and next week my vacation begins so plenty of time to waste time with charts if I feel like it.

Northern Star in the ASX still on sale, wondering if I should buy even more... Probably better to wait.

>>22932536
ngl im pumped. Theres no reason why silver should pump in this economy but I think it will because of magical destiny. Literally every chart and measure shows its on the cusp of a massive breakout. There will probably be huge geopolitical news in the next couple years that will "explain" its titanic appreciation but it was going to explode no matter what.

>>22934048

newww