Thread 22974596

Average CMMG poster's residence by 2026 edition.

>>22974596 (OP)
WAGMI

>what is Trump telling us?

https://x.com/WhiteHouse/status/1947714144628601011

Trump Gold revaluation in 2 weeks

It's happening

>>22974713
no it isn't

>>22974696
I'm afraid you will have to refer to pic related

>>22974596 (OP)
>Average CMMG poster's residence by 2026 edition.

>>22974782
atleast you get lots of sunlight/fresh air, and have good cardiovascular health

>>22974782
>He doesn't know Graeme just waiting for the mega silver bull to start before turning on the mine
heh.. horsiebros win again.

>>22974596 (OP)
that is a cool room, i didn't really see it the first time

My portfolio is up >25% this tax year and I'm still mostly just annoyed at missing some of these big moves up. Lesson learned, never sell anything.

>>22975039
I'm up 200% YTD but it hardly matters because my starting portfolio value was minuscule to begin with.

>>22975110
it makes me sad, you need so much capital for this not to be a waste of time compared to doing some normal job

i guess it's not all about time, though, it's also about freedom/lifestyle

>>22975116
I think there could be a pathway for a nice lifestyle trading commodity stocks but I really can't detach and pretty much spend all day everyday reading, studying and taking notes. Maybe if my portfolio grows to the point where I can be living well with a mere 10-20% annual gain I will be able to take it easy. Also makes me think of that statement where most investors can't beat the S&P consistently and wonder if that's just because the investor pool is simply too bloated with the type of newbies and morons that fall for scams/bankrupt nanocaps/"short squeezes".

>>22974630
>it's real

>>22975112
>>22975110
As Buffett and Munger said, you need to get to $100k before the compounding gains from investing really start mattering. One of them went as far as to say something like "do whatever it takes I don't care how, get $100k"

>>22975557
no more troubles, no more fear
trump gaza is finally here

>>22975039
>>22975110
I'm up like 165%. And yes, never sell the winners. Ditch the losers and double down on the winners.

>>22975654
How does First Majestic fit in this strategy?

>>22975926
maybe as a short side idea? lol

Paladin whacked 11% overnight. I should have sold while I was winning.

>>22975926
>>22975947
I have been buying stonks of schizo boy Keith
I like his drill baby drill approach

$6 copper soon. huge margin expansion for the majors. if only temporary.

Oh shit Ag smashed through $41 in China

>>22976909
and in every coinshop around the world

>>22974630
>>22974696
>>22975557
Is boomer Maneco based?

https://www.youtube.com/watch?v=65Q_I697Oj8

MASSIVE JAPAN DEAL

>>22976918
he's a schizo so yes

>>22975654
Nice job Finbro! You should troll the Goggster

IT'S HAPPENING

https://www.youtube.com/watch?v=D0FMyYLLcCs

>>22976918
I told you guys about this every two weeks for five years
Basel III banking regulations being implemented

>>22977248
>Everyone knows
>Doesn't talk about it ever
>Calls me a schizo for pointing it out

>>22977235
I don't remember your posts, add a big booba Jap qt next time

>>22977269
>Doesn't talk about it ever
there is nothing new to say about it. Yes, gold is a tier 1 reserve asset now. That was news like what, five years ago?
>Calls me a schizo for pointing it out
you just made that up

“I think we’re going to have a real move in precious metals, and I suspect that the blow-off top in silver will be one for the record books.” -RR

Rick still having sell sell sell mentality
https://www.youtube.com/watch?v=m52q6pIRVyU

>>22977674
he needs cash on hand to run his bank scam

>>22976918
based on what?

KEK WTF DAFUQ LOL LMAO ROTFL WUT

>>22977730
what

trade deal with europe went through

>>22977574
>made that up
It's in the archives. Plus.....I saw it in a vision where Eric sprott revealed it to me while I was huffing nitrous oxide

I embraced the jew. Prepare for the gigantic dump.

>>22979019
what did you get Taavetti?

>>22979134
Just some more ARTG, AAUC and some CNL. Also chose Hecla as my low risk silver lottery ticket.
Still thinking of LUG. Like you once mentioned dividend stocks are great to leverage.

>>22979270
If you can stomach the Burkina Faso risk, I recommend checking out EDV. I think it offers more compelling value than LUG. Should also be at least comparable or better yield. Also NST.AX is pretty beaten down, should be a great high quality long term hold with a 3% div yield at the moment.

>>22979270
>Also chose Hecla as my low risk silver lottery ticket.

Based, not a great AISC but maybe the lowest jurisdictional risk and the place where a ton of the silver FOMO money will go.

The great Don Durrett ;) says Hecla will go to $18/share at $50 silver.

>>22979291
Africa does indeed seem to have great opportunities if you forget it is Africa and just look at the assets.
But the reality is that Africa is not really anymore the shit hole everyone thinks it is.
Born too late to colonize Arfica in pic related.
Born just in time to do it in a suit with our future Chinese overlords!

>>22979448
colonization is based

>>22979463
true, just look at Finland

>>22979500
and Poland, for that matter!

>>22979463
Just read the old news on Endeavour being forced to sell the two mines to the government? The media is all spooky about nationalizin, but is this just a white man’s trick to please the warlords with some shitty asset?

>>22979511
That was a mess of a deal. They had sold two mines to a private company and their counterparty just decided to not pay for the mines, citing some BS reason like "uhh EDV lied to us lol", so EDV pressed charges. But then Burkina Faso stepped in, probably decided that they would not wait for years on end for the resumption of tax payments while this shit gets sorted out so they expropriated those mines for some pathetic payment like 2x EBITDA or something. The political leadership took the opportunity to do a victory lap and all the AI voiceover African hypernationalists online lauded it as "taking back muh gold stolen by le evil white man".

>is this just a white man’s trick to please the warlords with some shitty asset?
I think that may be the case. Endeavour could have chosen to go into international arbitration but they agreed to these terms. I tend to think that this was their corrupt way of securing social license to operate. Politically correct way to keep mining in Burkina Faso perhaps. Or maybe they will turn up one day and say Endeavour's remaining two mines in the country are now black man's property and the stock goes down by 30% at open, at which point I would buy shares again.

good thread

Iz we getting a parabolic move?

We gunna short NMT for having 3 miner trapped? Seems like a short

Newmont. Gold is on a run, maybe too big a tailwind for bad PR

before i disappear for a few days to do some field work anyone else see the Red Chris mine cave in? 3 miners were stuck in the mine refuge for a while but everyone is ok.

https://x.com/DHSgov/status/1948150126494482555?t=mFE72LJViQ42aN01CAuTPg&s=01
>14 words
>2 capitalized H's
We're so back

>>22979503
Partially true, as Russian partition was not that great compared to Austrian and Prussian.

Gold quadruple top rejected

It's over

>>22982014
wait for trump to tweet something and it'll try again

>>22981441
Yea Newmont has ceased operations at the mine, the 3 miners lost contact with the outdoors and were sent to a refuge room with enough oxygen for 16 people for 72 hours. Not sure about food/water.

Reports say the miners were initially cut off by an accident on Tuesday, and during attempts to save them the shaft collapsed further so it’s complicated things

>>22982084
so true, so much it's hilarious

>>22980769
nothingburger

SCOTTIE HAS THE PERMITS

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2659-tsx-venture/scot/184324-scottie-resources-reports-bulk-sample-permit-approved-unlocks-key-milestone-for-project-advancement.html

Meg could end up going for $30+/share with Cenovus and Strathcona wrestling over who gets the prize. Cenovus would be the more logical acquirer since they have their Christina Lake literally next door, plus Cenovus just has the much higher quality assets than Strathcona's scattered hodge-podge oil sands assets. Good time to add Meg shares for the takeover imo, but I already have a full position

Noymayer boy https://www.youtube.com/watch?v=pmn75vsLdgc

>>22982627
What do you think of OBE?

>>22982792
Out Of Body Experience?

>>22982792
OBE is hot garbage, I would not touch it with a ten foot pole. They are once again underperforming well type curves and their own growth targets from like two years ago

>>22982792
>>22982805
forgot to add image

>>22982806
what's the key to their "success"?

>>22983083
overpromising and underdelivering, and a legacy asset base non conducive to rapid growth

>>22983083
Inventory but they seem kind of slow

>>22983126
much better peers to pick from: LGN, SDE, CJ, HWX... I have learned that the two most important things in energy (and commodities in general) are asset quality and track record.

Gary said we've hit his $40 by April call now even though we didn't

>>22981509
Why don't you just save us the trouble and screengrab it next time

>>22982626
Scottie seems poised to breakout and CEO Brad Rourke saying "now is the time to go full contact" with a lot of news coming

>>22983288
why is the D capitalized?

>>22983297
because they are big D obsessed

>>22983155
LGN looks interesting

>>22983292
Woah I sold a few months ago for more Sibanye
But good for them

>The 2025 annual copper sustaining capital expenditure guidance has been raised to CAD 940-1,010 million from CAD 600-670 million previously.

Teck taking the opportunity to treat themselves while copper is on a high.

>>22983297
Which companies do you like in the o&g sector, as well as gold/silver Janne? (Assuming you’re ok with giving out picks)

>>22983515
not the best time to buy some of these but I really like WCP, CNQ, ARX, SU, TOU, TPZ, SDE, LGN, POU, MEG, ATH, PBR.US, XOM.US, FANG.US, OXY.US, CVX.US, YPF.US. Of these I own about half, but at the right timing and price I would love to own all of them.
I can also respect CJ, HWX, BIR, AAV, FRU, PSK, IMO, GFR, CVE and SCR as picks but I'm less likely to go long in one of these, or I have some conditions to owning them.

>as well as gold/silver
silver, pretty much only PAAS and WPM, but I would be willing to buy DSV again if it received a real dip. Maybe VZLA or NUAG too but I think I have enough silver exposure with just PAAS and WPM

gold, I like a lot of companies. I'll list ten to keep the list short: AAUC, CNL, PPTA, EDV, PDI.AX, WAF.AX, NST.AX, ELD, FDR, SKE

You guys are gonna look so dumb when silver hits $40 in April.

>Rio Tinto (RIO.L) is considering a possible sale of its titanium unit due to weak prices and low returns, three sources said, just as incoming CEO Simon Trott will weigh up a restructuring of the world's second-largest miner when he takes over next month.

Good or bad for Sovereign if Rio abandon the titanium market? 12 month 2x becomes a 5 year 10x?

>>22984520
I could see this as a continuation of downward trend on confirmed news of dowsizing exposure.

Could even fill that gap way around 0.3

Still, who would become the "godfather" of the project if Rio Tinto packs up bags and leaves?

All would hinge then on final feasability study.

>>22984520
bad for Sovereign in the short term. This would mean no bid which means Sovereign would have to go at developing and mining Kasiya alone. Although presumably Rio Tinto's stake in Kasiya would also be up for sale meaning Sovereign could still have a major partner

>>22983940
>>22983515
oh yeah I'm also a big fan of KEC.

fugg

>>22984879
And in the long term, why should this matter? If the asset is good, some other player (the Chinese) should step in.

Is gold going down today or bouncing from imaginary line that only TA autists believe exists?

>>22984862
who TF are you and what are you doing in this thread

The banksters might work hard to smash gold today (Friday) plus NEM just killed it for Q2 and gold miners could get some serious FOMO attention today. Gold down -$22 as I write this $3,345

>>22987554
Sure, might very well happen, question is, do you want to hold the bag for 2 years when other things are going up?

That is always the question...

>>22988130
Why 2 years? Do you think it will take 2 years to get new financing or for someone to buy the asset? Why would that be if the FS is great?

>>22988146
It was a figurative word, no I do not know the exacct timing, it's just to illustrate the risk / reward of each decision.

FS would probably be catalysst for move higher, but Rio bailing would be a catalyst for move lower.
Rio's news should be sooner as by the end of month, let's watch and see.

I exited most of it and will re enter lower or maybe when it breaks out of the channel I outlined :

>>22984862

>>22988090
>>22987776
Why won't it break out? This is fucking retarded

>>22988170
why should it?

>>22987554
>why should this matter?
like Wojtek says, it's mostly a timing related thing. There is also the added risk of dilution too, the mine has substantial initial capex. But as you point out there is the potential of another partner stepping in. There's actually the possubility of higher ultimate gains if Sovereign is allowed to develop and operate the asset alone, so there's that angle to it too

>>22988166
NIEEEEEE, CZEMU ON KRADNIE SKARPETY!!!!!?!?!?!?!????

>>22988211
can they develop the asset alone? rio are elbow deep into the technical process, it's practically a JV

>>22988180
because lambo when moon

>>22988216
If Rio Tinto is selling their titanium assets that would presumably include their stake in Kasiya. That leaves the door open for the possibility of Sovereign taking full control over the asset, or some other major coming to replace Rio. Frankly I would prefer having a JV partner because financing would be less of a headache, but Sovereign could probably get the cash they need with a royalty deal. I have no doubt in my mind that the royalty majors would love to throw cash at a unique century long mine life tier 1 asset like Kasiya

Solgold is pumpning haha

>>22988232
any reason why? I never got back in, too many complications with the development

>>22988257
because someone bought
[spoiler]Badum Tssss[/spoiler]

>>22988257
why, it's organic price discovery!

Oh, noes, Rana broes!
The next distribution will be bigger than the first two combined, and Crescat hasn't even started selling its first tranche.

>>22988294
390k poo bro here. I'm financially ruined. I thought Ranas pajeet friend said we were going to a dollar in 2 more weeks!!!

Why all the red today?

>>22988463
friday

>>22988463
I still remember when seeing green all day was considered weird and out of place

>>22988294
>>22988341
SLURP DAY!!! WAGMI WAGMI WAGMI

What a wild sell off in gold and the miners today

>>22988549
The riggers couldn't let anyone get too excited about Newmont

>>22988572
It's bizarre. I'll never understand this market.

>>22988486
Nobody trying hold mining stonks over the weekend.

>>22988463
I think it's the market perceiving Trump as backing off from firing Powell and replacing him with someone who will aggresively cut rates, which would be bullish for gold of course.

wow, HUI and XAU almost green but silver still down > 2%

>>22988294
never bet against Rana!

>>22989107
>never bet against Rana!
The TD account disagrees.

>>22989445
good time to cash out anon before Rana resumes pumping and the Chinks buy up this weeks gold smash
>>22988341
>390k poo bro here.
What do you do bro when Gold Jr. FOMO Mania happens and Lagoon hits $5/share, Japan? 390k shares will be almost $2M

>>22990304
>when Gold Jr. FOMO Mania happens
we have already begun to see moves like these in some issuers