Thread 22934048

How big is the oil market edition.

This will be the week we make it bros.

>>22934048 (OP)
Big things incoming

i have no money edition

>>22934057
time to make a deal with the Merchant edition

>>22934267
ehehehe...
what if you're a neet and basically a ghost in the system? can you still get an unsecured loan of any significant amount??
i figured you needed to have a few years of credit card activity, atleast

>>22934270
on IBKR? I never provided any of my credit info or anything. They are happy to lend you money. They get paid on your margin after all, and they reserve the right to margin call you if you ever get in the red too much.

>>22934299
ah, tyvm
>ROB ID

>>22934301
remember to leverage responsibly, oh and consult the margin requirements on each investment. Shitcos are not good for margin but you can leverage quite a bit with bigger companies

Status?

>>22934057
That's gay

>>22934267
Bro I seriously wish I had that much available in margin. I only was allowed to borrow $50k worth of stock

How do I get the jews to lend me more money?

>no one mentioned that silver spot went above 39 USD

you guys have a life or what? Or are you trying to trick me into believing that you are not alll chinese and russian bots?

>>22934048 (OP)
BTW why is Rick Rule not hyped on iron stocks?

and silver futures hit as high as 39.5180

phenomenal stability of trend so far

>>22934923
>>22934926
>>22934955
>>22935096
I think everyone went back to biz pmg

>>22934864
which stocks were they? I hope you know smallcaps tend to have a 100% margin requirement

>>22934926
he constantly talks about Rio Tinto, Vale, BHP and Fortesque

>Collective Mining Drills 397.50 Metres at 2.62 g/t Gold Equivalent Commencing from Surface at Apollo
More killer drill holes from Collective. Infills, so I don't expect any exceptional share price appreciation because of this news. But once this shallow infill program is complete they will have enough data for an Indicated resource up to 150m vertical depth at Guyabales. Of course like 80% of the resource will be deeper down

Lol

>>22935148
I'm only in snowline right now, I bought it because I knew I could utilize margin with it.
I also own $6000 worth of STA, non-margin

>>22934923
We're not /pmg/.

>>22935469
Yeah SGD likely has 100% margin requirement. I like that US listed miners usually offer a lot of leverage. PPTA and CNL in the US market have <30% margin requirement. Some bigger US stocks have as low as 15% margin requirement in IBKR. Truthfully I could double my leverage if I wanted to but I don't want to have much more than 2x leverage, 3x tops.

>>22935475
>Yeah SGD likely has 100% margin requirement
It has 30% margin requirement, fren.
At least in Canada.

>>22935494
perks of being in Canada then I guess. All Venture listed stocks have a 100% requirement at IBKR. Enkoy your privilege leaf-kun

Just fuck my shit up.

Boughted more Solgold shares today. Probably the most hated tier 1 project in the world. Gold and copper doing well, two leading royalty companies and three major mining companies backing the company. In the most boring phase of the Lassonde Curve. Surely it can't get any cheaper. Right?

>>22935516
>Lassonde

>>22935499
>Enkoy your privilege leaf-kun
I will, especially when snowline goes up.
I hope I will finally make it.
This is the most money I've had in my life and it's likely going to go up a lot more.
After I sell snowline I will probably buy ITM leaps on major gold miners, or maybe just the gdx I dunno.

>>22935571
>I will probably buy ITM leaps
good way to lose money imo. Time is always against you when you go long options. I have found taking on leverage to buy shares directly to be much more profitable.

>>22935996
I'm still not sure what my plan is but I heard year long, deep in the money calls are very good and low risk.
I might just stick with margin, idk.
I'm just tired of having to pick specific stocks. I want to make a leveraged bet in favor of the whole mining market.

>>22935999
heard from where lol? /smg/? Options are never low risk, they are literally the casino within the casino. With options you take on 100x leverage and your position loses value every day due to theta decay. It's very high risk. Some people can make great money swinging volatility or selling calls in options, but it's a market where the longs typically lose money. Great place to be if you have a crystal ball, terrible place to be for everybody else. I have had a negative net return in options (as is mathematically the case) so I wisened up and don't touch them anymore.

With just margin positions in stocks your risk is still that your position might go to zero but the likelihood is much lower, whereas 90% of options expire worthless. You also get to enjoy dividends and much better liquidity in normal stocks, and you have much better control over your position size and the risk you take. You can also have an ETF position with margin without needing to touch negatige expected return options.

Oh, noes, Sea broes!

You guys are idiots for not being all in all the way on waffles.

They are universally loved, culturally speaking. When a culture without a waffle encounters a waffle, the waffle annexes that culture.

Nothin personnell kid but didn't your dad tell you that you shouldn't take ur financial or dating advice from 4chan? Maybe he didn't even know himself.

>>22936003
>heard from where lol? /smg/? Options are never low risk, they are literally the casino within the casino. With options you take on 100x leverage and your position loses value every day due to theta decay. It's very high risk. Some people can make great money swinging volatility or selling calls in options, but it's a market where the longs typically lose money. Great place to be if you have a crystal ball, terrible place to be for everybody else. I have had a negative net return in options (as is mathematically the case) so I wisened up and don't touch them anymore.
Short term options are high risk.
In the money year long LEAPS are low risk. If you set the strike lower than the current price and you have a year for the stock to go up, you should be good.
Margin is less risky than both of these, yes I agree.

>whereas 90% of options expire worthless
What percent of LEAPS expire worthless?

>You also get to enjoy dividends
Those only make sense if you have a million dollars and just want to coast and not think about your investments too much.

>>22936015
It's not low risk leaf-kun. Theta decay is a bitch. Try it out if you want, time is still against you. At least if you end up buying a call option, try to do it when the IV is low so you don't buy the top. The two biggest risks that fuck you over in options are theta decay and volatility (or lack thereof)

>LEAPS
are options. Apparently 90% is an exaggeration according to Google, it's more of a zero sum game as far as option expiries go. About 30-40% actually expire worthless. But you are still paying a premium on the contract (especially if you buy when the IV is high) so your likelihood of losing money is above 50%.

>Those only make sense if you have a million dollars
Consider the following: your cost of credit is 6% and you buy a company that pays you 3% in dividends. Because the interest on your margin is tax deductible, the dividend ends up covering half of your cost of capital on your Moshe-gifted position. If you buy a stock with a sustainable dividend above your margin position's interest rate, you get to buy that stock on margin while getting paid instead of having to pay for the leverage.

Wild action early on Snowflake Gold

https://vimeo.com/1100835394

>>22935149
These are not iron exclusive

>>22936049
they are the biggest iron producers and I think over 50% of all of their revenues come from iron ore. If you want to be long iron ore, you really have no excuse to not own one or all of those four

>>22936049
>>22936055
Also Fortesque is pretty much 100% iron ore

>>22936055
Once again, world does not end with these.
Proof: Ferrexpo.

>>22936024
I tread all that and will take into consideration when I eventually sellded snowline

>Consider the following: your cost of credit is 6% and you buy a company that pays you 3% in dividends. Because the interest on your margin is tax deductible, the dividend ends up covering half of your cost of capital on your Moshe-gifted position. If you buy a stock with a sustainable dividend above your margin position's interest rate, you get to buy that stock on margin while getting paid instead of having to pay for the leverage.
Interesting strategy, I'll think about it as a retirement strategy down the line.

>>22936063
>sellded snowline
don't sellded too early, we have a news release coming soon and all of Charles Payne's viewers are FOMOing in

>>22936072
I'm planning on salading when it's around 16-20 cad, or when it gets bought out. However long that takes.

>>22936077
CHECKED!

>>22936092
That 2020-2022 fake out in the mining sector really fucked a lot of people.

I hope the bull market is for real this time.

>>22936090
Holy shit Japan bro check the price.
:)

>>22936060
what the fuck is this?

>It operates two mines and a processing plant near Kremenchug in Ukraine, and an interest in a port in Odessa
one yike. Could be an interesting post-war recovery idea though I guess.

Let's look at the financials a bit
>operating income in 2023: ($60.36M)
>operating income in 2024: $19.93M
>cash from operating activities in 2023: $101.17M
>cash from operating activities in 2024: $91.9M
>likely underinvesting capital expenditures to keep the balance sheet safe
>dividend cut out entirely since 2022
>total equity trending down, accumulated earnings over the past five years flat
yikes.

What about the operations?
>$84/t C1 costs per dry tonne (rose by 10% YoY despite the devaluation of the Ukrainian hryvnia), average realized price $114/t in 2024
Compare the above to the big four. They sport C1 costs around $20/t per wet tonne (adjust 8-10% for moisture content) and realized around $100/t in 2024. The majors still enjoy 80% operating margins while Ferrexpo struggles with their 30% margin. That's just the C1 costs. Iron ore market is also about to be flooded with iron ore coming from the Simandou project so Ferrexpo's lower margin assets are at a disadvantage from a supply/demand perspective.

>"The future performance of the Group is largely
dependent on the ongoing war in Ukraine and
the levels of achievable sales due to logistics
restrictions"
I guess if you're bullish on the end of the Ukraine war and you want a lot of retard leverage on iron ore prices, that's an option. Much safer option to just buy the better iron ore producers with margin though.

>>22936090
What do you think majors that potentially want to buy snowline are thinking of these price increases in the stock? Is that making them want to act to buy the company faster before it becomes too expensive for them?

>>22936099
>Holy shit Japan bro check the price. :)

CHECKED! AGAIN!!

We're still early in this SGD run with the generalists just starting to enter. The milkers are getting closer

>>22936163
Hory sheet nice gains
You must be so happy
How did you start investing and did you have fuck ups along the way?
Did you use leverage?

What's your retirement plan besides simply going to Japan?

>>22936163
very nice returns bro

>>22936163
here's the value & performance of my IBKR account since 2021. You can see how the volatility changes near the end as I started taking on leverage in 2024 when I saw that the gold market was turning around

>>22936148
This could definitely speed up the buyout, my guess it happens in '26

>>22936173
Thanks bro, have had many fuck ups along the way, fortunately no really big positions, and going balls-deep SGD is making up for the fuck ups. If money management had been better keeping dry powder ready I'd be at least 2x higher now. Not planning retirement yet, if I get too serious about that will probably jinx myself!

>>22936191
thanks NST fren!

>>22936198
excellent job bro! Rick-level gains

>>22936202
NST, AAUC, MEI, SVM, PPTA, etc. etc. I own a lot of stocks. Over 50 at the moment

>>22936209
just gotta remember that everybody is a genius in a bull market. Let's not get too full of ourselves. Just two years ago we were in collective misery over here

>>22936102
>what the fuck is this
the 2nd largest producing high grade iron ore deposit on the planet for a price of 1/10 of pre 2022 price which was undervalued anyway

>>22936210
nice!
>>22936212
very true, kek

>>22936219
It was paying 10 percent dividend before 2022.

>>22936199
>and going balls-deep SGD is making up for the fuck ups
Sure is. Same with me.
>Not planning retirement yet,
It's closer than you think. Especially if when snowline gets bought out you roll your gains into another success.
Miners in general are still at their lows.

>>22936210
Wow I literally own 2.
>>22936198
Noice gains

>>22936234
Going balls deep in poo lagoon at 8 cents saved me.
390k poo chad

>>22936264
Based!

>riding with Rana since '21

>>22936234
>Sure is. Same with me.

Outstanding bro, digging out of a hole is a great feel

>>22936236
I would probably do better with just ten stocks too. I just don't like passing up on good opportunities when I see them

>>22936264
I wish I held onto this shit. I sold 2 years ago at a loss.
I was considering buying back in but I didn't think they would ever get permits because of bc government leftoidism.

>>22936305
It sure is.
8 months ago I made up for failures by buying a tech stock, partially with call options and it went up a bunch, then a few months ago you convinced me to buy snowline and I did, on margin
I have so much money now and I'm going to have a lot more :D
Thanks again bro WAGMI

>>22936330
I feel that if you are just starting out, buying a small amount or even one stock is best, if you already have a decent amount of money, then diversify

>>22936350
Yes, at the beginning you gotta diversify. The reason I started taking on leverage was because I felt that I didn't have enough money to have all the positions I wanted

>>22936350

You bet! WAGMI

Looking to reenter Loncor. They announced that they received an unsolicited bid. Company is cheap for the project that they have and they just recently completed a private placement.

>>22934267
What ritual should I do before fully embracing the jew?
This will surely be a fakeout without at least a chicken sacrificed.

This is what I will ride the bull with. I do not really think I would need anything more, but I still want to add the silver moonshot. And I might play a bit more with the Lagoon when and if it dumps before the hype and then dumps when the reality finally hits. And yes I will do it on an exchange with actual liquidity.
All the big positions have 30% margin requirement and I am quite out of cash at the moment so embracing the jew is really tempting.

>>22936690
>AAUC
>CNL
>SVM
my nigger from another wigger!

ARTG is also great but I don't own it right now since I think it's almost priced to perfection.

And yes, feel free to embrace the Jew if you get a good dip to buy. Look patiently for opportunities and resist the urge to chase runups when you play with margin. Leverage works both ways.

>>22936690

Solid. R8 my portfolio, 60% SGD, 40% absolute shitcos + picrel

>>22936728
male pattern baldness any% speedrun?

>>22936731
kek, IT'S HAPPENING, going to have to dial it back to keep hair the quality of these Japanese gentlemen

>>22936711
Yes you can assume the market is pricing it correctly at this point. But one could also ask are any of the miners priced correctly?
I just see ARTG as currently having one of the best mines and management team there is. It is not a moonshot, but stable „low risk“ growth while riding the bull. I do not do precise enough number crunching (yet) but I still do compare the company to LUG. A very similar profile where they are currently profiting massively from the higher gold price and thus speeding up the payback. Management also mentioned about the possibility of refinancing. And even though they have said that the mine will not be sold before phase 2, there should be quite many takers.
For me the whole gold miner play is anyways just taking the biggest advantage of the high gold price and, to be honest, speculating on the possible normie bubble, leaving them bag holding. This really seems like good risk profile for this, since if I happen to leave myself bagholding, at least I will hold a good mine that will still very likely be profitable.
Or I‘ll just learn to use stop loss at last.

>>22936935
ARTG is a takeover candidate for sure. I wouldn't be surprised to see it double. I just like others more. PPTA has 3-4x upside for instance, the company is where ARTG was two years ago.

>I do not do precise enough number crunching (yet) but I still do compare the company to LUG.
good comparison, it's not wrong. I like holding LUG as a fully priced in stock since they pay a good yield on top. Very similar stocks but I think LUG is lower risk. Good management, low cost, tier 1: same as ARTG, but fully ramped up.

>For me the whole gold miner play is anyways just taking the biggest advantage of the high gold price and, to be honest, speculating on the possible normie bubble, leaving them bag holding
I never think like this. I always just prefer the best assets. I ask "what would the majors and millionaires want to own?" And then I buy those myself too.

>>22936092
Same, my AG dca is around $10

>>22937621
at least we've been collecting Keith's massive dividend ;)

>CPI still high
>morons: let's doomp gold and silver

When does Rana take a dump? Short-king promised us a sale and I'm trying to add but Lagoon is going up. Quit banging your big-tiddy Latina housekeeper bro and tell us when the 25% off sale starts

>>22936099
>Holy shit Japan bro check the price. :)

Leafbro, our Fox Biz FOMO Japan WAGMI pump is still going on day 3

>>22939882
Oh my gah
I can't believe it
Japan is sooner than we think

>>22940170
kek

>picrel instantly saved!

WAGMI

>>22939868
The Crescat niggers haven't even woke up yet. They were up all night doing coke and running a train on Rana's geologist.
Watch. They're going to dump 2M shares.

>>22940449
kek

>>22936210
Bit too thin for my liking, what did you make that initial 350% sharp rise on, that you gave away 50% of the gains later on?

IPT, SVM (suspect bear flag and maybe shakeout before DFS), GROY. On the fence for PHOS / MEI.

No leaverage, gonna win this game with handicap on!

>>22940641
>No leaverage
You're a fool if you're going into the greatest bull market in miners in your lifetime without leverage.
We're officially in a bull market with even shitcos beginning to rise.

>>22940644
Show nose shlomo.
Also if you are that cocky just go full on options and be sure to tell us how it went

How long can gold crab in this range?
Every time I get excited for a breakout it gets slammed.

>>22940657
>Show nose shlomo.
Jews are based for granting me leverage.
You should be thanking the yids daily.
The only thing they're guilty of is not lending me more money.
>go full on options
Not available for most of the companies I want to buy. Plus it's more risky than margin.
I considered NEM leaps back on January. What a mistake not doing that was.

>>22940657
Oh,I see that you are a jebany antysemita.

>>22940641
A inwestowałeś chociaż w GreenX Metals jak był po 50-70 groszy? XD

>>22940170
>Japan is sooner than we think

JAPAN INCOMING

>>22940170
MASSIVE MILKERS IMMINENT

>>22936173
>Did you use leverage?
Sadly no, if I had I might already be in Japan participating in national pastimes like webm. 2020-22 were so brutal I never pulled the trigger on leverage or shorting

SGD has a lot of drill results coming soon, 15,000m already finished

>>22940641
>what did you make that initial 350% sharp rise on, that you gave away 50% of the gains later on?
general volatility and overleverage. Gold stocks pulled back a bunch about a year ago if memory serves, and my sorry ass was exuberant at the time.
>No leaverage, gonna win this game with handicap on!
leverage can be a handicap too. It's its own game.

stock dilution process

evening all hows things?
just fyi, looks like Osisko development at Cariboo gold project is laying off most of their surface staff, take that info as you will.
Also loads of job openings associated with Dome Mountain / Blue Lagoon popping up, they need fabricators and a bunch of specialists as soon as possible!

I used $6000 in margin excess from snowline gains to buy Freeman Gold

Let's see what happens.

>>22941226
It's happening!

>>22936042
The snow nigger prophecy has been fulfilled

>>22943126
Well the US government is putting like $70 billion towards energy and AI initiatives, so that should be good for quite a few TSX-listed uranium and oil plays.

Also super happy to see mining commence up at Boulder Mountain, we were nearly dying of thirst waiting for the permitting to get through, and here we are now! Exciting times PM

>>22943658
kek, thanks fren. There's a lot more to go in this run until the buyout, and I'm still getting that feeling in my green frog gonads that a new discovery is coming for SGD

>>22943126
>just fyi, looks like Osisko development at Cariboo gold project is laying off most of their surface staff, take that info as you will.
Why would they do that?

Logan Energy setting a bottom as discussed. Production growth coming this year thans to facility expansion, liquids % increasing as part of total mix, room to triple production in a few years

>>22943894
OT, but Is Trillion 100% dead or is there something realistic that can be done?

>>22943720
sounds like funding issues, lots of guys got laid off on monday. The projects at a stale mate until the final couple major investments move forwards.

>>22940731
We're close, verrrrrry close

>>22943931
I don't follow Trillion but it sure looks dead

>>22943997
What tasks does a surface staff do? Osisko's Cariboo project is supposed to be among the most promising of the smaller publicly traded companies that are in good jurisdictions.

It's over

>>22944320
oil in oversupply, shouldn't be surprising. OPEC ramping up, tariffs fucking with global trade (oil reliant on shipping), US shale not rolling over as quickly as permabulls think

>>22944320
also they revised that. Inventory building for sure but not that much

>>22944549
>>22944320
What does this mean for gold? Absolutely nothing?

>>22944707
We dont only invest in snowline and gold here

>>22944712
Do you invest in GreenX Metals?
Let me guess, you are going to never reply to this question just like every other time I asked you.

>>22944844
No I don't
You must confuse me with someone

It's weird to see several of your holdings did a hockey stick in recent months reaching their ATH and yet you know this rally is far from being over.

Mind fucking blowing

It's weird to see several of your holdings did a hockey stick in recent months reaching their ATH and yet you know this rally is far from being over.

Mind fucking blowing, fr fr

>>22944912
It's just getting started.
We're all gonna be millionaires

>>22945052
>>22944912
probably going to be an underwhelming week though. Silver futes expiry on Friday, you know what that means

>>22945054
>Powell about to get sacked
>underwhelming week

>>22945066
they won't do shit. Powell's term ends in 2026 anyways.

OK, so what else shall one invest in? Other than uranium. And oil as I don't fucking understand oil market and won't have any fucking idea when to sell.

Very weak spike after Israel bombed capital of Syria. This market is asleep. Yet growing. But still sleepy as fuck.

>>22945080
uhh copper nickel REEs PGMs

>And oil as I don't fucking understand oil market and won't have any fucking idea when to sell
with oil you just gotta stick with the best companies and not overpay. The good ones offer lots of growth and/or yield at good breakevens

>>22945080
Gold miners are popping off right now. I just loaded up on FMAN.
I also own snowline

>>22944071
pretty much all their general laborers were laid off and a bunch of machine operators as well. Most of their guys were cataloguing a bunch of existing core from past drilling, but that now seems to be on hold as well.

>>22945080
As Charlie Munger said the aim of investing is to find a situation where you don't need to diversify. Uranium was a super safe bet a few months ago before everything doubled. Even now Paladin and other heavily shorted Aussie names plus Global Atomic are really cheap.

Oil is a rigged game.

Undervalued Gold Miner Set for Takeoff

https://www.youtube.com/watch?v=oWhHj0Y6oQU

>>22946121
Thanks. Wow. That sounds really bad. One of the big issues with the company months ago was the question of whether the CEO would be able to closing on the construction financing package by the end of this year. Looks like it's going badly and there could be a higihly dilutive bought deal coming down the pike.

I guess we'll see. I'm interested in opening a position in Osisko but will wait for news of another round of financing.

>>22945080
Coal

>>22935516
https://polaris.brighterir.com/public/solgold/news/rns/story/wk42j1r
Solgold news. They are fast tracking Cascabel's development and targeting first ore for Q4/2028. Stock up 6%.

My instinct to add was right it seems

>>22945054
Trimmed most of my silver positions, as stuff is way above Bollinger Banbs boundries.

Re enter later. Still, seems silver wants to go higher.

Thoughts on ivanhoe?
They can grow copper production like no other company I know of

>>22947820
I love IVN. Been a big buyer recently on weakness. I would expect the mining issues to be sorted out in 2-3 years and then Kamoa-Kakula can reach its 600ktpa copper production capacity. The mill itself is already pretty much fully ramped up so they just have to dewater Kakula and the engies need to assess the structural integrity of the pillars. If it's safe, great, if not they will have to write off some of the reserve and make more UG access tunnels which would slightly affect net asset value and cause higher operating and capital costs. Beyond that mine they have the adjacent 100% owned Western Forelands where they keep making more similarly high grade copper discoveries, and other earlier stage copper exploration projects elsewhere globally. Their Kipushi zinc mine is the highest grade zinc mine in the world, not an amazing asset but nice to have. Their Platreef PGM mine is amazing though, almost 100Moz in PGMs+Au and will producer 1Mozpa in its fully ramped up stage by 2029, Phase 1 commissioning by the end of this year.

>They can grow copper production like no other company I know of
Look into Zijin Mining too. They own the other half of Kamoa-Kakula and they too grow like no other major mining company out there. They are in the process of spinning out their gold assets into Zijin Gold, if you become a shareholder you'll get those shares too

Bidding war between CAML and Kinterra for New World keeps going higher. Starting to really effect CAML's share price.

>>22947855
Are any of those actually worthwhile investments? I assume they are LSE listed miners, I'm not super tuned into that space

>>22947859
Kinterra are private equity bros. New World are ASX listed with the Antler copper project in Arizona, decent asset in mining country.

Central Asia have a medicore lead/zinc mine in Macedonia and a big copper leaching opration in Kazakhstan that prints cash. Big dividend, cheap because they've only got ~9 years of copper left and nothing afterwards more advanced than early exploration interest. Which Antler solves neatly if they can get it and not massively overpay (getting close now maybe).

>>22947828
Interesting, thanks for your input

>>22947865
I'll have to look into it. Definitely feeling late to that party if there's already a bidding war ongoing though.

Northern Dynasty getting assfucked now that the market is getting cold feet over EPA discussions.

>>22947929
Absolutely nuked from orbit. Circuit breakers on full code red.

>>22947929
>>22947936
no halt? Snowline got halted July 11 for a 25% gain, but 55%+ down is a free and fair, orderly market I guess

>>22947929
>>22947936
>>22947953

>the goyim is winning, HIT THE HALT BUTTON!!!

>>22947953
>no halt?
as I said in the post, circuit breakers hit, and as the image shows, it has been halted

>>22947959
oh thanks Finbro, I ran out of matcha yesterday and am fully retarded without the Japanese caffeine

>>22947979
I convinced 2 of my friends to buy snowline.
I hope I will look like the hero in a few months

>>22948529
At what price did they buy? You didn't peddle the top to your friends did you anon?

>>22948529
they will do well even if they bought the ATH if they have patience and don't get shaken out during the dips waiting for the massive news releases to drop

I'm honestly starting to think we pull back from here. Just, in general. I'm feeling it. Maybe I'm wrong.

>>22948887
could happen, would be nice if Jerome gets ousted and the Fed cuts propel gold to 4k

>>22948555
9.60 cad
I figure it's at least a 2x worst case. They can wait for that
>>22948570
WAGMI

>>22949130
I hope it works out for your friends. But I would recommend you to never tell your friends to buy near any highs. Because they don't know the sector or the company their hands are made of paper. What will your friends do if the share price goes -20%?

Besides, the difference in buying at 9.60CAD versus for example 7CAD is massive for returns. It matters so much that the investor is able to buy those lows. Even if there is a likely ultimate positive return (which I think there is with SGD) your friends would be better off not knowing about it until there is a real dip to buy. Both for their psyches, and for their wallets.

>>22948570
I deserve this pov

93.5% tariff on US graphite imports from China. Bullish Sovereign.

>>22949130
It's ok. When your IRL friends ditch you, you'll still have retarded frens here.

>>22949144
W
A
G
M
I

The Snowline I slurped in April is up 42%. The Galleon I slurped in April is up 53%. The Lagoon I slurped in April is up 75%. Lagoon and Galleon are both better than Snowline.

>>22949146
yes, but.... chanel needs to be resolved first

Any other UUUU chads here? I’ve just made 48% return in the past week after being in the red on it for like 2 years lol

>>22949202
I've always avoided them because they're overpriced for their uranium assets (Pinyon Plain producing really well but it's a very short life mine) and the rare earths projects are expensive garbage (shipping ore from Madagasgar to Utah for processing oof). But they're pressing all the right sentiment buttons right now and have a huge reddit cult following.

>>22947604
there also seems to be a rumor going around that Osisko is looking to offload (ie abandon ship) on their Quesnel River mill site. If thats true it makes no sense as that property is critical to their mine plan. The scuttlebutt is that they cant get a new operations permit due to how poorly their environmental record has been at both the mill and at Cow Mountain. There was a team of engineers at the mill apparently looking at each bit for value too, but no one seems interested in buying anything from the property.

I dont remember if there was any recent news about that bank loan Osisko took out, but i wouldnt be surprised if that hanging over the projects head is holding up the financing for the rest of the project.

>>22948529
>Buy the top
Good lad. Did you sell them a subscription to Gary's newsletter?

Hell of a drug

>>22950880
what a retard, high T and drinking Japanese matcha probably works better

>>22950880
>Go drink Aki Matcha, You'll find a greater treasure not of this earth within

>Lifezone Metals Consolidates Control of the World-Class Kabanga Nickel-Copper-Cobalt Sulfide Project
>Acquires BHP’s 17% Interest in Kabanga Nickel Ltd. via Deferred Consideration
BHP is out

$40 Silver in China, maybe the usual NY bankster Friday smash won't happen today, or reverse afternoon

Is Perpetua getting a bit ahead of itself? Ripped from $12 to over $16 now premarket.

>>22951249
get used to the wild volatility. US listed miners worth a damn tend to have insane swings. I would disregard pre and after market

>>22951264
I made some good money trading it premarket when it was bouncing between $12 and $13.50 but this last rip caught me out. Only have my small core position left which is up 35% in 3 weeks. Normally I take that return and don't look back but FOMO is hitting. Decent project but how much of the move is antimony memes?

>>22951273
>Decent project but how much of the move is antimony memes?
I think the antimony memes have kind of subsided already. I'm just sitting pretty for the fourbagger in three years anyways.

So, in the previous thread, someone said it's 2 years too early for lithium.

If that's the case, why are my lithium stocks up 100% from when I bought them two weeks ago?

Got some Metalero?
It's happening.

>>22951291
happy for your gains fren

>>22951291
even the bottom has its peaks and troughs.

maybe entertaining day ahead

>>22951137
>BHP is out
And, that's a good thing.

>>22951375
Not so sure. Kabanga has a billion dollar initial capex figure. Steep ask to finance that alone as a junior in the current nickel market.

>>22951382
I'm not thinking about the current nickel market, I'm thinking about the future nickel market.

>>22951385
so am I, but the lender doesn't give a shit about that.

>>22951387
They will once the commodity price changes.

>>22949202
UUUU is largest uranium position, followed by DNN, UROY and a little GLO.

>>22951388
but the mine has to be financed and built asap. It's a three year wait from here until commissioning with funding by end of the year. BHP could have provided that. Now Lifezone needs to get another partner. Just a royalty or stream with added private placement probably won't be enough to finance this mine. Especially not at the current share price.

>>22951392
>but the mine has to be financed and built asap.
Why?

>>22951389
I trimmed Denison substantially this week after their news gave them an extra lift. There's less upside left there than most other names imo, but the risk of dilutive raises lower than UUUU, UEC, GLO etc. Denison already have the cash needed to build Phoenix on the books.

>>22951382
>>22951385
>>22951389
How can you guys like nickel and uranium with gold going to 10K?

https://www.youtube.com/watch?v=jJOL50YejY4

>>22951399
Yeah, buddy gold is going to 100k in two more weeks, just trust the fucking plan.

>>22951401

I like the way you think based Macedoniabro. When $100K Gold happens I'm buying you a harem of Japanese idols

>>22951589
>I'm buying you a harem of Japanese idols
I'm holding you to your word anon.

>>22951595
we have a deal!

>>22951401
This, but unironically
Three year bull run to implement Basel III banking regulations

>>22951396
so that it can be operational in three years when the metal prices are better and shareholders get to enjoy capital appreciation?
>>22951399
>how can you like cheesecake when carrot cake exists?

>>22951643
>>how can you like cheesecake when carrot cake exists?

kek

>>22951397
Denison holds 2.2 million pounds of physical uranium, carries no debt, and has a share of the cash flow from their JV.

They've got upside as long as uranium term and spot prices have upside.

>>22953925
The cashflows are minimal. McClean Lake produced 10-12k lbs for them in its first month and isn't going to ramp due to the sabre method. They sold their ongoing toll milling entitlement to a royalty company years ago. Permitting delays have really eaten into their cash position, but they've used the extra engineering time well.

Phoenix is close to fully priced right now and comes with substantial risks that deep ISR won't work properly at scale. If it does work it's very low cost per unit so they have less torque to rising uranium prices than other names. I don't think they're a bad hold until they get their permits and have good longer term growth available, but other near-term or active producers look much cheaper. Paladin, Encore, Lotus, Global Atomic sold off to an extent Denison never really did.

I bought Laramide this week because it looks like Boss are moving to take them out now they're swimming in free cash, and ETF rebalancing is going to pump quite a few of the smaller names over the next couple of weeks.

>>22948529
Billionaire Ross Beaty giddy today talking about SGD, a must watch video for Snowline Chads

https://vimeo.com/1102677802

>>22953973
>it's very low cost per unit so they have less torque to rising uranium prices than other names
never understood this angle. Lower breakeven assets trade on higher multiples because they are higher quality, and if a nonproducing company commissions a low breakeven project the change in cash flows is better than a company with higher breakevens. "Torque" is a bit of a meme embraced by gamblers

I agree that the Phoenix project does have technical hurdles to overcome tho

https://www.mining.com/bhp-delays-jansen-potash-mine-blows-budget-by-30/

anyone else see this massive shit storm?

>>22954219
Based now I feel more confident convincing my friend to invest $50k(his life savings) into snowline and my other friend to invest $5k

I own a lot more than that and my entire life is riding on it.

>>22954653
BHP has been taking so many Ls in recent years...

>>22954896
It's a big endorsement when Ross Beaty calls it a "core investment" and "no brainer." I'm 60% in, but know a very smart dude who is 100% in SGD with around 200,000 shares. Previous time he went 100% into 1 company was Great Bear and after that win he waited until pulling the trigger again with SGD

>>22954896
>$50k(his life savings)
>In Canada.
Bruv, how do you manage to only save $50k living in Canada?

>>22956468
He had a million but went all in on an Oregon silver mine.

>>22956468
doesn't canada have some of the highest cost of living areas in the world?

penis

>>22956400
Nice!

>>22956468
That's pretty typical for age 20s-30s guy here.

>>22956480
>Oregon silver mine
HOLY BASED!

$40 silver by April is a piece of cake

>>22957375
April 2026?

Vindicated

>>22957264
>That's pretty typical for age 20s-30s guy here.
Bruv, wtf even are you serious? Btw we are talking CAD$50k right not US$?

>>22958477
Over 50% of north americans live paycheque to paycheque, why are you shocked about this?

>>22958539
Idk bro you have life on easy mode if you have a normal/functional family in the 1st world countries. Like wtf my negro... You take home $2500 per month and you only save $50k in your late twenties? Even I have more than CAD$50k living in this shithole country earning fucking €480 per month.

>>22958539
I guess people consume everything they earn and save nothing...

>>22957366
Wow, Bayhorse market cap is only 15 million?!

>>22960693
its so high because of the great news, no mining permit, no mining, but they are sampling the ore that was left over because it was not worth mining before the mine was abandoned.

>>22960693
should unironically be $0

I had a chat with few cryptards about recent price of their collectible digits.

Cryptards are an absolute brainwashed sect.

They are so much in denial they need to cope with arguments pointing out that only fundamental of price spike of their collectible digits is huge leverage buyers are using by from diminishing to denying value of everything else.

If everything is worthless than bitcoin is as good as anything else in their eyes.

What a bunch of nihilistic retards.

>>22962368
>chat with few cryptards
Your first mistake tbqh.

As for mining stock - reactions of generalists are even better - silence and blank stares. You tell them about margins better stocks are printing they have nothing to say.

>>22962375
serously, you can almost hear the wind howling between their left and right ear

>>22962368
I've seen some who know what they're doing diversify their money

then ive seen some put everything into bitcoin, really one of those things where theyre banking on everything and claim to be balling but I personally kknow a nigga who acts like this and cant pay his mom back 1000 dollars

BTW anyone understands la changes in Australia? There are going to be some changes implemented in the way insiders are allowed to hold shares - something about holding/investing vehicles. That may result in insiders selling to restructure ways they hold shares

>>22960905
>>22960693
I would really like to know what happened to the bayhorse shill was and why he did all of that?
Why did he pump out endless memes and promotion for some random ass shitco?

>>22962502
>what happened
he got ultra BTFO'd by the newswire after he had tried to convince everybody on /cmmg/, /pmg/ and /smg/ that there would not be another private placement ever again. He had a crashout and then stopped posting, apparently retreating to the hugbox Telegram group he had made with some of his most loyal apostles. Some claimed he was still lurking and making posts afterwards though
>why
because he is a retarded pseud who is clearly on the spectrum

>>22962587
I remember when I was a massive newfag to mining stocks and believed that asshole. I invested in bayhorse like a bunch of other people on /pmgccmg/ back then. I remember someone posting a FUD image saying they were going to dilute soon for some reason, and people were telling that guy he was retarded. I honestly didn't know what to believe but it happened and I lost a bunch of money. Luckily it wasn't that much at the time thinking back, but back then it was all I had.

>>22962502
>>22962587
Karen and Tonto, waiting patiently for the silver moon shot, still have their eyes on nagpony

>>22962611
the worst people to listen to are overconfident morons who think they are on a righteous mission or whatever. Nothing more damaging than an idiot who earnestly ropes other people into doing stupdi things with them

>>22962619
Back in '20 many were really big on Great Panther and one dude went all-in. After their pit flooded and they announced their gold AISC was something like $1,000 higher than the gold price at the time I sold pre-market right after I saw the news release. Dropped over $2k but it could have been a lot worse. Lesson learned

>>22963055
kek timestamp 29:06

https://www.youtube.com/watch?v=ek94-r_6WpM&t=1746s

Do you think something big is brewing?

>>22963055
You managed to escape 100% capital losses. Very smart move anon.

>>22963520
>>22963520
yes. i ate nachos earlier

>>22963757
Thanks Finbro, keeping an eye on the early morning news releases for my positions helped save me from total disaster, pretty easy call to get out. And they dropped bigly that day. What was really beyond belief was Durrett later calling them a 10-bagger as they were going bankrupt

>>22964497
>What was really beyond belief was Durrett later calling them a 10-bagger as they were going bankrupt
if anything that was one of the signs that this sector is filled to the brim with absolute mouth-breathing retards. I learned early on that most "investors" in miners and oil companies are dumber than the average person, and the average person is no genius either.

>>22964545
Kek, very true, the day Don tried to pump them as a 10-bagger confirmed he was either completely retarded, or even worse, trying to suck people in to create liquidity for him to sell to. Don was very big on Ascot too. We really do need to be careful in this sector

>>22964587
best to just completely tune out most of the people and only listen to people with a good track record. Even with those, people should never follow them blindly. Just because Rick Rule owns a stock doesn't mean it has to go up.

>World's Largest Pollucite-Hosted Caesium Pegmatite Mineral Resource Defined at Shaakichiuwaanaan
Interesting discoveries from Patriot Battery Metals resulted in the world's largest caesium resource. It's hosted in pollucite which is the same ore the world's past primary caesium mines have mined. There's also associated lithium pegmatite and tantalum in the resource. The cesium resource is located within the company's current lithium pegmatite resource. Looks like a potential world class discovery to me.


>Globally, it is estimated only three (3) primary caesium mines have historically operated and all were pollucite hosted – Tanco (Canada), Bikita (Zimbabwe), and Sinclair (Australia). At Bikita and Sinclair, the pollucite resources are reportedly to have been exhausted in 2018 and 2019, respectively. Tanco is understood to be approaching the end of its mine-life with extraction from existing tailings piles and/or mine remnants being explored. At Sinclair3, the mine produced 18,629 tonnes of pollucite pegmatite ore grading 8.3% Cs2O for a contained metal content of 1,551 tonnes Cs2O. In comparison to the size of the interpreted caesium zones at Vega (~800 m x 250 m) and Rigel (~200 m x 100 m), the primary ore body at Sinclair was relatively small and measured ~60 m long, up to 20 m wide, and up to 10 m thick, and was situated at a depth~40 m from surface.
>The market for caesium compounds and metals is largely opaque because it is not publicly traded like copper or gold, but rather through bi-lateral and term contracts. Further, prices vary depending on its contained caesium form, purity and end-product use. Caesium carbonate (Cs2CO3≥99%) currently trades at approximately US$120/kg, however in its refined form caesium metal (Cs >99.5%), is a high value commodity comparable to gold and currently trades around US$2,540/oz (or ~US$81 per gram4) (excluding VAT, Price Sourcing – Shanghai Metal Markets).

2% Cs2O = $2,400/t
10% Cs2O = $12,000/t
(pre-metallurgy)

>>22965183
pretty low tonnage though now that I look at it again. Only like 2Mt of the high grade Cesium ore within the whole 140Mt pegmatite resource. Should offer nice byproduct credits to help with that lithium project alongside the tantalum and gallium. I'll have to think about this for a while. Wouldn't want to overpay for a predominantly lithium asset

This week is the week boys.

>>22967488
idk

>>22965071
Is Rick Rule really any good at stock picking? My gut feeling is that he's a crook and is doing pumping and dumping.

>>22967634
He just reminds me of Captain Kirk. His manner of speaking.

>>22967634
>Rick Rule
He became a billionaire by selflessly helping small retailers pick stocks.

>>22962386
They just need to hang all of you Jewish faggots

>>22967634
Yes he is. He knows how to avoid the shitcos and how to put a number on projects and mines, and he knows what teams or peopoe to follow. He's not a selfless angel though and he openly admits he is a "used money salesman" so he does talk his book and obviously he buys low and also sells high so somebody will end up buying his bags if the stock price goes up. Whenever Rick speaks you can safely assume he speaks in good faith and doesn't make bold-faced lies: if he says he likes a company or project he means it but might not be long if the price isn't low enough, he usually states his positioning candidly.

He is often interviewed and he is usually right about his predictions. Not always, for example he keeps expecting natural gas prices to improve in North America but the supply is so massive and easy to bring to market especially in Canada that the gas benchmarks are not likely to go up imo. But he is usually right or at least on the right track and is worth hearing even though he sounds like a broken record. He has a free website with hours of educational content about resource investing and he tries to build an open community for resource investors on that site (while also shilling his bank and investing conferences — again, not a selfless angel but he isn't malicious either since he truly believes his products offer value to people)

As far as people in the resource sector go, Rick is one of the good guys. Most importantly he isn't a retard. I have learned a lot of things just by listening to the man. Don't follow him blindly though

Today's the day gold breaks out of this many month long crabbing.

>>22967946
I believe it. Last Friday was futures expiry.

>>22967863
You alright schizo?

BREAKING NEWS

Sid Rajeev gives Blue Lagoon BUY Rating with C$1.11 Target Price

https://www.youtube.com/watch?v=2aFbpGWmpoE

Is this a future FED chair? Just 60 last seconds is enough for me to go all in precious metals XD what a deluded moron https://www.youtube.com/watch?v=OSp-EPVitYI

flibe.com solves energy
one of 100 good things: free hydrogen gas
stirling engine dymaxion car burn hydrogen!
also russina concrete wheel monorail
hek can even try turbine car again

best to clean out minority tho esp jew and have king no banks

greenarrays.com replaces big tek and net n vidya movies


free lipo and boob jobs

>>22967863
no thanks, i hate tight ties

>>22967863

/thread

>>22968053
HELLO SAAR

WHY IS IT SO HOT TODAY?
I PREFER -30°C OVER +30°C
AAAAAAAAAAAAAAAAAAAA!

>>22968107
same here fren. It's hot, humid and thundering. Soon going to rain like never before, hopefully gets a little more bearable afterwards.

IM white and took dump behind my cabin lik 9 times this week!!

trees need to eat nutrients!

not enuf animals taking dumps

nature baby

$40 silver by today is a piece of cake

Michael Gentile very excited about GGO, now owns 5-6% of GALLEON

timestamp: 9:44

https://youtu.be/YridvAY2vm4?t=584

>>22968272
“We’ve got 1.6 mil/oz in the underground and we’ve probably got about another 1.2 in what will be an open pit. We’re dealing with what will be about 3.2 mil/oz of gold..but we’ve got a market cap of 24 million. There's a bust here some place.” -CEO David Russel.

Fuck yeah

WAGMI

https://www.youtube.com/watch?v=ikNd_S1gY80

IT'S HAPPENING

https://www.youtube.com/watch?v=QGhpVpEOD6s

It's happening. Any horsiebros still here? I wonder if their discord is still alive.

>>22969104
2 weeks, trust the plan.

Bros, I think I probably hate bitcoin and crypto even more than Peter

>>22969104
>showing Cu as gpt

Osisko Development managed to get $450 mil in financing for the Cariboo Gold Project. Nearly there on funding mine construction.
https://seekingalpha.com/news/4469182-osisko-development-gets-450m-financing-for-cariboo-gold-project

>>22969104
>>22969223
Be thankful Graeme doesn't list results in Ladyboy Equivalent

>>22969225
Great news for them. Major 5% royalty for Osisko Gold Royalties. Win-win. It's a bit of a small high grade mine so I hope there will be no issues. Those kinds of mines seem to always have the worst problems

>>22969225
Thanks for all the updates Pan Man. Weird that they managed to secure the big funding but laid off all those workers.

>>22969240
maybe it has something to do with the worker contracts. Now they will be hiring construction workers and probably more permanent mining workforce.

>>22969223
Grim

NEW FOUND GOLD PEA RELEASED

https://newfoundgold.ca/news/new-found-gold-announces-preliminary-economic-assessment-for-the-queensway-gold-project/

>>22969592
>press (X) to doubt

Is equinox still considered a low tier miner after their merger and with the new mine coming online?

>>22971162
Management probably improved with the new COO, but with the same terrible CEO and retard Ross Beaty as chair I don't trust them. Stock is cheap for a large miner compared to production, so it will probably do well short/medium term if gold stays strong but I'm not touching it.

>>22971162
I used to be more optimistic but like with B2, after repeated problems my stance is "I believe it when I see it"

>>22969240
>>22969253
its because they didnt have any real work for those guys until more funding came in. I am thrilled to see them get another big chunk of money towards building the project but Osisko Development is well known for burning though cash on silly things. Heres hoping this round of money keeps them going a while.

$40 when?

>>22969104
Oh shit, its not silver, its Bayhorse Copper Mine now? Get to the Ore SORTER GRAM, fire that bitch and fill the bags for the Ocean take off agreement.

>>22971610
Peter Schiff and Ludwig von Mises are jews.
Are they responsible for your misery?

If one unironically thinks that Jews control everything he better starts learning Hebrew and real Jewish culture not that /pol/ crap myths for brainlets if he for real wants to join millionaire club

Meanwhile posting a Jewish UK model, as I have no news to post so far on anything of value

>>22972205
>Jewish UK model
She's fucking gross.
Did your Russian father abandon you when he found out that your mother is a kike?

>>22972276
my family is not this dysfunctional for my father to abandon me or my mother, but thanks for asking

how are your Hebrew classes going BTW?

>>22972276
>She's fucking gross.
She fucks beautifully.

I forget that you are a Cree Aryan-wannabe who is a homosexual, so here have an image of blonde boys fucking. Should suite your taste better. Have a nice fap!

>>22972205
>>22972279
she would look prettier if she didn't dress and make up like a prostitute

>>22972360
Much better. Has she undergone plastic surgery? Looks a bit like she might have, big shame if so because that only ends up making her uglier than she would be normally.

Apologize to Gary, he was right again
>in China
>3 months late

>>22972379
probably undergone some here and there outside the most obvious part

>>22972415
yeah I meant her face. Tatas obviously

>>22935516
Solgold is pumpning haha

>>22971215
COO just promoted to CEO today with the terrible CEO out and a new COO, that's a big improvement.
>>22972042
yes
>>22972205
>>22972279
>>22972286
>>22972360
Stop shitting up the thread with disgusting jewesses and gay porn you kike. Why are jews/jewlovers like this?

>>22969592
NFG Webcast starting soon, market liking the PEA this morning, up 9%

https://x.com/newfoundgold/status/1947627686844895533

>>22972749
show passport Syeryozha

>>22972749
>COO just promoted to CEO today with the terrible CEO out and a new COO, that's a big improvement.
agreed
>Stop shitting up the thread with disgusting jewesses and gay porn you kike.
strongly agreed

>>22968272
>>22968294
Galleon still flying, up 6% early. Somewhere out there might be an old pmg 100,000 share Galleon Chad, if he didn't have to sell. WAGMI bro. We're in good company with Sprott and Michael Gentile together owning over 25% of the company

The Gentile interview from yesterday might be part of the reason it's taking off

https://x.com/sweetwater68/status/1947348479040192879

LFG

Oh, noes, Rana broes!
This isn't looking good, especially right after a Manlet pump.

>>22972396
It's April in China dumbass....that's how time zones work

>>22969030
>>22973035
QH is such a slimy turd, but RANA is the GOAT. I don't see Lagoon dropping much more, unless gold price is smashed, better collect your win today bro

>>22973035
Is Crescat redeeming today or did they finish?

>>22973043
>the Indian pot stock CEO is the GOT

>>22973130
Admit it Finbro, no resource CEO can take bong hits and do promo like Rana

>>22973142
iunno anon, Keith Neumeyer has the schizo psychosis going for him

>>22973160
kek, forgot Lil Queef

>>22973035
>Manlet
Don't disparage the great Dr. Hennigh like that, anon

yh, oh quadruple top formation???????

even uranium stonks going up today only usdpln is down

Rumors that jerome powell stepped down

>>22973236
uranium stocks have been rising steadily for at least 3 months. I've forgotten what a pullback even looks like.

>>22973257
very real

>>22973190
>blames his brother
what a shitshow

my portfolio was up $1,300 bucks today. If that pace continues each day i'll be very happy this year.

This market is a peak edging

>>22974596
>>22974596
>>22974596