Parabolic Edition
Oil bros
>>23465301
My portfolio is getting rugged
>>23465553the riggers are trying to spoil our fun
>>23465591I dont k ow what that tweet means tbqh
dead gen
>-5% this morning already Fug...
paper hands getting spooked. hodl and all that, lads.
Ah my EF position getting cooked. A 4x is now only a 3.5. Some convertible note hedging seems to be at work
Bought back into Encore. Seem to have timed my sale immaculately.
Note to self: don't make trades immediately after waking up.
>>23465698don't let anon trade before xher morning coffee!
desumight see some consolidation across sectors in the very near term. Feels like risk is converging across markets again.
>>23465725tech and crypto leading the plungeoil too
>>23465768big if true
https://www.youtube.com/watch?v=PA4f7ONvTp4
>>23465768For crash due to their debt problem
>>23465789not just their debt problem... sovereign debt is a major problem globally. Remember the Eurozone crisis? That was a sovereign debt crisis. Things haven't improved since
>>23465795No, I have an amnesia and I think everyone else is running balanced budgets.
https://wolfstreet.com/2025/10/06/home-prices-in-the-largest-countries-of-europe-they-range-from-splendid-housing-bubbles-to-a-market-that-dropped-back-to-2010/Great piece on European housing prices from Wolf Richter. Most are in a bubble (Poland, Netherlands, Portugal etc), some are flat. Finland stands as an exception with the housing index prices down at 2010 lows. Charts included, check it out if you're interested
Are you buying What are you buying
>>23465805Because housing always go up, bro. To the mooooon. Well, Euros are economically illiterate and housing is their typical investment vehicle. They want zero interest rates loans to buy housing too and every few years they get them for some groups etc.
>>23465807Stuff.
>>23465808I heard the situation in the Netherlands is especially bad because they have some kinds of old legacy mortgages where they only have to pay interest and none of the principal. So the owners just keep chilling in their houses paying next to nothing and buyers are left chasing the few properties that are availableOver here prices have been going down. Our economy is in a strict austerity phase. It's a buyer's market in housing for sure. How are things in Poland?
>>23465817Recently I have read article that was claiming that it's buyers market in Poland too. At least in bigger cities. Prices are still comedy gold high tho. Even 17k PLN/m2 in one city (not Warsaw surprisingly)
>>23465833Inwas in the eastern outskirts of warsaw two months ago for a monthNew house construction is healthy out there many new homes being built
>>23465837We have a comedic situation where we have a shortage of housing in total but also a huge amount of new housing in cities. Yet still below European average availability of housing. And prices were pumped by cheap or even free (zero or almost zero rates) credit. Typical Polish comedy gold you have to get drunk to even try starting to understand.
Supposedly Poland lacks 1 500 000 flats to meet demand. as of may 2025.
>>23465833doesn't look like a buyer's market in Poland to me
>>23465857As I said it was an article. Articles could be misleading. Polish market is a fuckery and things differ from city to city from town to town.
>>23465860And biggest cities are pumped by foreign corpos money paying well above average salaries.
>>23465861Even prices in some shitholes could be eleveted as fuck just because majority of adult population works for majority of the year in Belgium/Germany leaving kids under supervision of grandparents or oldest kids. It's a convoluted fuckery that is hard to understand.
>>23465860what do you think? Is it a bubble or not? Generally speaking
>>23465884Generally speaking yes. It been pumped by govt interventionism after all and "investing" mania (almost no one here outside of few social groups understands stocks so they typically use USD or housing as "means of preserving capital" and housing as "getting rich over time scheme"). There are possible scenarios where it goes cheaper from little bit to significantly) but there are possible scenarios where current staus quo gets preserved (govt guaranted loans with low interest rates are not out of the question). We should also analyze prices adjusting them for inflation o monetary supply as PLN lost a lot in just lat 5 years in purchasing power.
We're crashing bros.It's literally fucking OVER!
>>23465847Sounds like Canaduh.
SELL
>>23466105>We're crashing bros.Shoulda bought illiquid shellcos, broe.
>Gold down 1%.>All my juniors -8%.FUCK!
>>23466315>Continued.>OIL down 50%>All the OIL stock still at ATH.>MFW I bought gold juniors instead of OIL stocks.
Crude oil is in contango. Good time to scoop up cheap high quality oil equities. I don't even want to look at my gold positions today, makes me feel ill
>>23466360>I don't even want to look at my gold positions today, makes me feel illI took a look... It was grim. Would not advise.
https://x.com/wmiddelkoop/status/1978946762812592293?t=BWQCnxmNsm8hv-6mJv4HEA&s=19
>>23465735Us banks are shittjng the bed for everyone. Liquidation to cover leverage.
>>23466374>>23466360I just woke up from a nap that feels like waking up from a coma, just looked at the shitfolio, I woke up in the wrong time line
>>23466312I WILL OWN NOTHINGAND I WILL BE HAPPY
half my gains for the year gone. like tears in the rain etc.
>>23466540How is that possible?I'm only down like 10% after more than doubling my portfolio over the past 3 days.
>>23466441what's the scoop? Another bank crashed and burned?
>>23466564Global Atomic is my largest position. I've gone from ~52% up on Wednesday's peak to ~28% up now. Half my companies are down 10% today alone, after similar yesterday.
We hebben een serieus probleem
Look at all that red. Making some moves on the IRA, saw that AG and CDE were down close to 10% while PSLV was down only 5% so I dumped the last $20k I had in my rock and threw it in the 2 miners. Hopefully that scalps me a few extra percentage points on the bounce back and then later on in the bullrun I'll peel back some for PSLV or PHYS.>>23466779Kek
Is there anything that could cause a V shaped recovery today or do we have to wait for next week?
>>23466540I'm set back anywhere between one week to one month, not too much of an issue for me
>>23466958wait patiently. Time to consolidate for once
>>23467003lol, same. I'm just wondering how quickly this dip gets slurped since the general stock market is still neutral and nothing has changed technically or fundamentally. Admittedly a correction was much needed, charts were starting to look like space bound rockets.
>>23467003a whole week this is unacceptable
>>23467121this but unironically. My portfolio should go up 5% every day
>>23467366Truth
>>23466564You have been protected by Maple Syrup Cartel.
>>23467366This week was a trial version.To purchase full version call 666-FUCK-COMEX
>>23468296>he doesn't know the chinks are also raising margin requirements on Monday
>>23468303All I know is that Peking is a future has-been city and a decent crater of glass.
>>23468332but I like Peking chicken
>>23468460with Chinese cabbage?
>>23468486mmmmm
>>23467366i'll settle for 1%
nay, 2%
https://www.panorama-minero.com/en/news/rare-earth-elements-what-resources-does-argentina-haveI'm calling it now. Argentina rare earths
ah shit here we go again
i don't know & i don't want to know because i'm not a fvcking day-trade-tard
>sbsw down 12%
>>23469363every country has rare earths, they're everywhere like lithium
Get out of any digital fakery lads, they're about to pull the rug on you very soon, physical possession is all that matters.
>>23471118go back to your bunker, prepper
>>23470980Irrelevant. Not everywhere has the same access or jurisdictional red tape/environmental regulations etc.That's really where Argentina could shine is deregulation leading to investment
>https://www.bloomberg.com/news/articles/2025-10-18/oil-s-long-awaited-surplus-arrives-on-billion-barrel-flotilla?taid=68f37a6903c5b90001765be9&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter&embedded-checkout=trueOil dip coming. Dipping dippier
>>23471436The world is not going to be short of rare earths once all this speculative investment leads to production. The thesis seems based on the idea that China will stop selling long-term once they no longer have a strategic monopoly they weaponise. Common sense says that they will simply sell into an oversupplied market and drive competition out of business (unless heavily subsidised by local governments).It's the lithium boom in a new hat.
>>23471470Lithium isn't a rare earth and is well supplied.Also the world is only short heavy REEs and oversupplied in light REEs which is an important distinction since the hard rock carbonatite deposits being pushed in the USA, Canada, Greenland, Europe etc. are geologically high in LREEs but low on HREEs. China's export restrictions in REEs only apply to the heavy REEs. Important to not lump all the 17 REEs into a catch-all term, it's a common pitfall for the media, politicians and investors >>23471436It'll be very interesting to see how the Argentina situation evolves. Currently the USA is pumping the Peso pretty much singlehandedly. If Milei and his party get voted out by the populus the Peso will gigadump and all the benefits of the deregulation and oil/mining sector growth in Argentina are at risk. Then again that might be a positive for global oil fundamentals since there are so many barrels floating in the market right now.
>>23471118based retard
>>23471470Trump will help capitalist leaders and harm socialist leaders. The rare earths and copper could be the carrot the US dangles while drone strikes will be the stick.Choose wisely
Guys,Half of my portfolio is in my TFSA, meaning I pay zero capital gains tax on my gains. It's completely tax free.The other half is in my margin account, meaning when I get taxed, my taxes are basically HALF of what an American would be paying due to capital gains taxes only applying to half of your gains in Canada. So essentially I pay a quarter of what Americans or Europeans pay for taxes on their investment gains.This is amazing.If I make $500k I'll only be paying like 7% in taxes across all of my portfolios.Why don't more people know about this?How are capital gains taxes in your countries?
>>23471795Also if I decided to put all of my investment in my TFSA and I made 1 million, I would literally be paying zero taxes lmaoThe only reason I put half in margin account was to benefit from margin trading.
>>23471795>How are capital gains taxes in your countries?I have one delayed tax account where my gains will be taxed whenever I withdraw money. That one is in a very high cost brokerage sadly, but it is what it is. Dividends from countries other than Finland almost always have high withholding taxes that get double taxed in this account (first country of origin, then my own country's taxes whenever I withdraw. lol)My other brokerage is IBKR which is a normal taxable account, and which I also use as a margin account. This is where I make most of my money. I will be paying a lot of taxes next year.The cap gains tax is 30 or 34% if I make over a certain amount of money in a year. Dividends have a little bit of a tax benefit but it's not meaningfully lower.I wish making money wasn't so difficult in this country.
>>23471853Jesus....I feel so bad for you guys.We are all gonna make it anyway so it isn't so bad.As cucked as Canada is, at least we have these amazing tax advantages for investing, which were leftovers from the Harper years and weren't fucked with.
>>23471868it's not so bad. Finland has given me so much. Taxes aside being born here is akin to winning a lottery to begin with. I'm going to make it in time. The taxes slow me down but they cannot stop me.
>>23471882Based
>>23471670I think Trump pivots on chainsaw man very soon. Or dies. There's no deep ideological loyalty at the top, Argentina is becoming a wedge issue with the Republican peasant farmer base and a few handouts aren't going to solve much. They've connected some dots and have someone to blame for their farms going under.Easier for Trump to call Argentinians thieves and scroungers like the EU and blame Biden for signing the worst deals of all time.
>>23471889people so often forget to be thankful of what they have. I try to keep my feet on the ground. Arrogance is a common vice
I pay no taxes on gains held within an official UK tax dodger account.
>>23471901Quick rundown?
>>23471896I agree. Or rather, I think Argentina will vote out Milei and then Trump will turn heel on the support
>>23471901Do you get taxed when you withdraw?
>>23471905We can deposit £20k a year into an ISA account, which can be used to buy stocks among other things. We never pay or have to report any interest, dividends or capital gains on things within the wrapper, even when we withdraw. The system massively benefits people who can afford to put that much away every year, as allowances don't roll over. The Conservatives proposed an extra ~£5k to only be used on LSE stocks but then those clowns got the boot, and Labour wants to reduce the allowances (fair but inconvenient for me as I have money waiting from a house sale).
>>23471795Unfortunately all my shares are in my IRA so if I took it out early theres a "10% penalty tax" plus regular income tax based on your total earnings that year. Im hoping to find some loopholes later... I believe you can also roll it into a physical precious metals IRA.Only time they suspended the penalty was during covid, who knows, maybe theyll do it again.
>>23471896>>23471911They're building an economic block. Venezuela and Brazil will play ball since they don't have a choice.
>>23472219You're putting too much trust into the Argentinian electorate.
>>23472219Good luck with that I'm sure it'll be a rousing success lol
>>23465805>Housingcrisistugal>>23466540Like turkey twizzlers at school lunch......simple as
>>23472219Like Oprah, "you get a swap line and you get a swap line."
>>23472451When they default, we will need concessions, like mineral rights.>>23472223They better stay white and free if they wanna be free and white>>23472291I mean, it worked everywhere else....It says right here in this history book that, fortunately, the good guys always won.
>>23472624Argentina has a history of turning socialist (or "Peronist") and defaulting. Multiple examples. They just cannot help themselves... They love poverty too much
>>23471853Start making money somewhere else, you are not a prisoner over there are you?
>>23472631Either way, shylock Trump is poised to rape them with liberty, regardless of if their peso folds or not
>>23472851I like it here unironically. The taxes are a minus but nothing is perfect
What's the precious metals equivalent of a nocoiner? I need something catchy to troll /biz/ with.
>>23472624"The meek inherit the earth but not its mineral rights."JP Getty said that.
>>23472929Seconding this
would beating my neighbour's loud autistic daughter be bullish or bearish?
>>23473892Is she hot?
>>23471853Bro wtf are those tax rates. Literally a hell hole investment wise. Don't you have like a tax free/low tax retirement account, or is that the account when you only get taxed if you withdraw?
>>23471882You're right on that, Better to be born in Finland, than Somalia or Macedonia.
>>23474406yep only got the delayed tax account, or a "stock savings account".I may have a debuff where I lose 1/3 of every dollar I make but I'll just make up for that in more money
>>23474416Yeah an you probably make like 40-50k a year, compared to my poor ass making like 6-7k. You're right about winning the lottery. I probably won the lottery being born here i just didn't hit the jackpot.
>>23474356no, she looks about 6 and walks with stiff legs
>>23474431I mean if you beat her, you will do 20y in prison, so probably not worth it...
>>23474423before tax I make like €32-35k a year. After the ~20-24% income tax (depends on how much I gross) I make about €28k on average. Could make more if I worked myself to the bone at the warehouse, or if I took the night shift. But I'm lazy admittedly. According to my bank's handy income/expenses accounting, my essentials are between €15k to €18k a year, and I spend between €3k to €7k a year on leisure. Although the essentials includes all groceries so I would think accounting for any snacks or sweets or the like would probably move some hundreds of euros to the former from the latter. So anyways I can usually save or invest about €7-10k a year. Had I not started to invest in a bear market I wouldn't have had so much capital to enjoy the gains in the past two years.
>>23474423>>23474472I actually probably make closer to €30k on average nowadays thanks to pay hikes negotiated by our labor union (not a member lol)
>>23474472>€32-35kmeant €42-45k
>>23474423You were almost a Montenegrin. Then you wouldn't have to worry about working at all
>https://www.ice.gov/news/releases/ice-arrests-illegal-alien-serving-local-police-officer-suburban-chicago>Be Montenegrin >Come to America >Get a job>Get deportedHe rebelled against his blood and flew too close to the sun
>>23472929Anyone who doesnt own an aputannia deserves degradement
Where is anon who bought SLB earlier this year, like about March. Curious about the performance. Several of the oil field services companies declined. What's expected the rest of the year and 2026?
>>23475225Mine is MIA. Pretty sure it was stolen by swat
Man, this interview from 2023 is almost surreal in retrospect https://youtu.be/QdnmQ2CsYzo?si=zUH_ZtHi0wlPuVPh
>>23476005*2024
>>23474472>>23474488Yeah that's really good if you ask me. I make like 6=7k a year and yeah... To be honest there's much better out there, but it is what it is. I literally ate porridge (with water) and cornmeal (with water) to save enough investment capital.>>23474644>You were almost a Montenegrin.I am part Montenegrin. Great grandmother was from Montenegro.
>>2347447294k (65k past tax + pension tax relief so around 67k) bong pennies last year.Tradie meme is real gents.Can't praise bong ISA accounts enough - 20 k each year max contribution and tax free gains from w/e you dump that sum into.Got burned to much by leverage in past to try it tho. Slow and steady, no need to rush it!
>>23476310>20 k each year max contribution and tax free gainsYou have it good there man. That's amazing.
Your prediction for tomorrow?Gold down? Gold crabbing? Gold up?
>>23476418Down we go, maybe one more leg up into a multi year top. Hate to say it, but It's an honest opinion.
>>23476425>GOVTS HAVE SOLVED THEIR ISSUES WITH DEBTSI bet you would make a great political fiction writer
>>23476175>I literally ate porridge (with water) and cornmeal (with water) to save enough investment capital.jeez... That's rough. How much are you able to save per year when accounting for expenses? I'm sure your frugality will be rewarded.
>>23476310wow that's good. Bongbucks are also worth a lot in dollar terms too. How are your annual expenses? I assume saving £20k a year for the ISA is a breeze when you make £67k after tax. Good reminder for me that there's always somebody out there who has it better — or worse — than me>>23476418Correction to continue at least for the next week for sure.
>>23476175Kasza FTW
>>23476511I can save like ~50% 3-4k.
>>23476511>I'm sure your frugality will be rewarded.Oh it will If i continue doing what I'm doing I'll hit 6 figs in 2/3 years.
>>23476574I used to buy (still do sometimes) Serbian cornmeal for like Є0.29 per 500g, i would put a some butter while it's hot and a little brined cheese on top. Pretty good shit not gonna lie. The whole meal is like less than one Є.
>>23476652I'm a buckwheat aficionado myself. Mixing it with lentils, rice, and other types of kasza.
>>23476851
>>23476964Kek 1.3kg of flower. Literally two loafs of bread, but hey at least you get a 12 pack of ciggies, that's a good way to keep the hunger at bay.
metals FUD everywhere>they're afraid
>>23477113BTC is literally worthless, the only crypto with any value is Monero, at least it's used in black markets.
>>23477113let the sentiment reset wash over. It will take another week or two. We got really exuberant last week but fear is quick to remind people of its existence
>>23477113I really wonderI dont really care about the bitcoin vs gold discussion, they can go up togetjer for all I care
>>23477075In reality cigs and vodka were currency used for trading for stuff. Also most people had relatives in villages who were doing faring stuff and were supplied by them. The biggest issue were stuff like clothing or building materials.
>>23476519As with everything there is always price to pay.3 or more standbys a week etc. it's punishing but rewarding.expenses usually around 110 bongs a week or so + 750 rent a month so very tame.But, I have a knack for fast cars, and I drowned a LOT of money in servicing them sadly. Last year bought Mustang and engine packed up after 4k miles of use (9k miles on clock when purchased) So yeah, just when you think you had it good - life finds a way to screw you over.
>>23471868Uh yea they were fucked with since Harper was promising to maintain the $10k TFSA contributions past 2015, whereas Trudeau immediately cut them down to $6k before bringing them back up to $7k or whatever post 2020. Imagine all the gains and losses that could’ve been realized with that extra TFsA room..The only thing that sucks is that most other countries don’t observe the tax free status, so if you spend more than 183 days outside of Canada, your TFSA gains will get taxed as regular income in EU and other places. I’m having to cut 2026/27 between Canada and Portugal (that was my flag the past few /cmmg’s/) because once the bull run is more matured and indivest, I don’t wanna pay 100s of ks into the EU shitfest.
>>23477253>750 rent a monthouch, couldn't be me
>>23477253>expenses usually around 110 bongs a week or so + 750 rent a month so very tame.I thought there was a lot of inflation going on in the UK in recent years? What have people been complaining about?
>>23477688Being single helps, but yeah, depends on where you shop and how extravagant of a lifestyle you conduct.Definately fast food prices shot up.1 litre of Diesel is about 1 pound 35 pence and petrol around 1.25 or so at the moment on average.
>>23477344Believe it or not I had it 400 quid till 2021 but landlord had to sell the house. How good I had it back then...
>>23477718fast food prices have risen over here too. Not really worth eating McDonald's anymore, it used to be cheap slop and now it's just slop.Fuel is cheap right now but that's because oil is in the shitter. You guys clearly have much less tax on fuel since over here diesel is like €1.5/l, gasoline is around €1.7/l
>>23477744Its slop that now costs the same amount as a low-medium end restaurant. If you want something cheap it seems better to buy one of those prepaid sandwiches at the grocery store.
>>23477688electricity, beef and American-owned services the worst culprits.
>https://www.bbc.com/news/articles/cn8xg1jve73oColumbia losing its gibs. They're building an economic block down there, like they did in SEA and the ME>Trump said because the US offers "large scale payments and subsidies" and Petro "does nothing" to stop the drug production, the US will no longer offer "payment or subsidies" to Colombia. According to a government website, the US provided over $740m (£551m) in aid to Colombia in 2023. It is unclear if all of that aid will stop, or when.>In September, for the first time since 1996, the US declared that Colombia had failed to uphold its drug trafficking promises, and is ineligible for aid as defined in the Foreign Assistance Act. But the state department included a waiver that allowed Colombia to continue to receive aid.>But following Petro's recent accusation of Americans committing "murder", Trump has escalated matters and says he will halt aid.>Under Petro, cocaine production has reached a record-level and the country has failed to reach its coca eradication goals, the state department said in September.
>>23478064Does this mean its okay to buy ecopetrol if they plan on removing Petro? Or is siphoning off the above ground pipelines to make gasoline in the jungle too crucial to the cocaine industry and the marxist guerrillas too much of a hassle and risk?
>>23478068Well, that's depends if the sakler family can come up with a synthetic cocaine before monsonto genetically engineers the plant to be grown here
>>23478083A free >20% dividend yield would be nice...
>>23477905>prepaid sandwichesUmm... wut?
>>23478101typo made to put premaid.
>>23478103I'm not touching a sandwich until after my maid has finished making it
Hilarious opening so far
>>23478337What's happening?
9 min til open......
There is no liquidity lmao.
>>23478434Ya
the gold mining ETF i was gonna buy is down 7.6% right after open. buy the dip or is it over....
>>23478503Buy the dip fr
>>23478503if I get that sale in the morning bro I'll buy with both hands, and post my buys!
>>23478503my all-in dry powderless ass just scraped up $3,242 burger bux and transferred them to my Japan WAGMI broker account, eyeing around 350 more shares of certain gold stonk if a sale arrives before assays drop
Is it the rise of gold or the dip in US dollar that we are cheering?
>>23478603both
>>23478503It's over. No more fiscal irresponsibility and no more deficit spending. Since today all budgets are balanced.
>>23478709i'm retarded and need reassurance. it's down 8% now so think i'll wait until the afternoon to see if it drops any further before biting the bullet.
>>23478720BTW are you observing GreenX Metals? If you are into copper explorers with actual drills company don't have to pay for.
Speaking of GreenX Metals:https://wcsecure.weblink.com.au/pdf/GRX/03010144.pdf*drops mic*
>>23478739nope, vaneck gold minershttps://www.marketindex.com.au/asx/gdx?src=search-all
plebs on biz keep letting cmmg die over there
>>23478802it's a too early phase of the market. It's getting squeezed already by a limited groups while main street stares frozen like a deer in headlights doing nothing.
>>23477334>Imagine all the gains and losses that could’ve been realized with that extra TFsA room..I mean it's already over 100k now. That's quite a bit of money to try to make it with and not have to pay taxes on your gains
>>23478720Wait until next week.
Nice volatility, KEK
>>23479983i didn't even buy. i pussied out and bought more PMGOLD (gold ETF)
>>23481294So, you bought and didn't buy at the same time?
RIP Aussie broe 1666-2137, he broke the space-time continuum by not buying and buying at the same time and get killed by continuum integrity police for his violation of laws of physics.
>>23481305i didn't buy GDX as i was intending to
ESL
LUCIFER RISING
John Borshoff kicked out of Deep Yellow effective immediately after a year of delaying FID on Tumas due to low uranium prices. Board maybe doesn't share his patience.Urenco doubling their enrichment capacity in the Netherlands. Insecurity over Russian supply still a bottleneck.
>>23482002If your uranium project isn't feasible at $80/lb it's not worth investing in
CANDLE SANDWICH FORMATION
>>23482032One gram of 235 is 20 billion calories. So if you eat just that much, you'll never have to pay for food again.
>>23482032The greenfields generally aren't. Current prices have incentivised restarts and some new ISR but most new mines aren't getting built with $60 floor prices in contracts. Only the huge high grade Athabasca projects and Dasa are going to provide an attractive return on investment (on a spreadsheet if not reality). And there's not enough of those to meet existing uranium demand let alone plans for growth.
Nice minor dump at open, very traditional
>>23464596Wow Bayhorsie bros are going to make it! We're officially a rare earths company now. https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1934-tsx-venture/bhs/189661-bayhorse-silver-xrf-analysis-of-bayhorse-silver-mine-flotation-concentrate-samples-shows-significant-contained-silver-copper-antimony-zinc.html
gold is not that far from ATH after recoverymainstreet still asleep on miners
The jew whipped some weakness into me on Friday. Now I took a look if I should sell something, but I just can't find anything. It would just be yet another swing aka gambling. Hecla maybe, but I think I will just wait to the next earnings. The explorers are also lined up to release drills.
>>23483269Would you buy Hycroft now after they became denbd free
>>23483269sometimes the best move is to wait. It's usually the hardest thing to do.
>>23483280I just buy and hold, sell only small percentages of holdings if I see some cheapies
>>23483274I remember looking at this shitco 6 months ago. Id did seem like an interesting lottery ticket but why would it not be a shitco anymore?
>>23483283I have no idea what shitty you see in that company so I cannot answer that question for you
>>23483284Oh yes I found out about them from this. https://hycroftmining.com/_resources/news/nr-20250114.pdfBut back then they were still heavily in debt waiting for someone to come rescue them.Now tell me how much will it cost to get that stone quarry into production and what will the production numbers be like then?
>>23483274I became interested yesterday, big enough so no OTC fees either
>>23483312At this phase they are preparing pre feasibility study
Shellco shitco broes, we just can't stop winning.
>>23483336Yes I see and what kind of numbers do you think will come out of it? Or are you investing just because of the big resource and daddy Sprott being invested?
>>23483318he really needs to retire
>>23483346-1. It went cheap as fuck few years ago so I started buying. (I won't be surprised if my average price per share is lower than Sprott's) 0. Huge property 1. Rosebud 2. Awesome drills that came in meantime 3. It seems to be attractive to murricans now 4. I can wait few more years with cash I parked in it.But I don't hold an insane percentage of portfolio in this.
>>23483408ah and reserves of material they have and can extract minerals from are also decent
Gdx SIL outperforming me again
Isn't hycroft the latest in a series of companies cycling into a property with serious, unresolved metallurgic issues, or am I thinking of some other property?
AG only up .7% after Fridays washout.
>U.S. and Australia sign critical minerals agreement with $8.5 billion project pipeline
>>23483523let me guess. Hard rock light REEs and lithium?
>>23483408>In July 2019, Hycroft completed the Hycroft Technical Report, a third-party feasibility study supporting its multi-year developed proprietary sulfide oxidation and leach process along with M3 Engineering and incorporating resources modeled by SRK Consulting (Reno, NV). Results of the feasibility study were robust indicating a projected life-of-mine (“LOM”) net present value (“NPV”) of $2.1 billion (at a 5% discount rate), a LOM after-tax internal rate of return (“IRR”) of 147.5%, and a payback period of 2.6 years. The Hycroft Mine was restarted in 2019 to demonstrate this proprietary process on a commercial scale and, to date, has proven successful. Based on the success of initial operations and the robust feasibility study, Hycroft began implementing the long-term mine plan with the start of construction in April 2020 of the first phase of a large leach pad capable of processing the resource base with more than 30 years of mine life. The funds received from this transaction allow HYMC to construct the new leach pad, expand its existing mining fleet (via rental contracts) and increase production ratesI did not yet find the old feasibility study but gold price in then was about 1300-1500$. And in the years they were producing gold peaked at about 2000$. >Gold production for the year ended December 31, 2021, of 55,668 ounces exceeded the high end of the guidance range as the process team continued to improve equipment, process control and costs. Silver production of 355,967 ounces was approximately 20% below guidance due to slower than planned leach kinetics. Processing of ore on leach pads is currently planned to proceed through the second quarter of 2022. And they did not even mention in the release how much they were losing money. So what went wrong and why will they not repeat?Is the same management still there?
>>23483529>“In about a year from now, we’ll have so much critical mineral and rare earths that you won’t know what to do with them," Trump told reporters.
>>23483051Trump strategic investment incoming
>>23483559>The ore sorter is crucial to national security
>>23483529Hey, as long as it pumps our bags?Need SVM to get some luv
>>23483543They will end up in rockets and bombs bud, stockpiles dwindling down thx to greatest ally
>>23483542With a quick calculation from year 2021 results their costs were about 2600$ per ounce
>>23483464It bankrupted Allied Nevada.
>>23483542they were mining rather low grade stuffthey had a lot of debt from previous company operating there until 2020 which went bankrupt>>23483580which is a pretty much useless info by now
Commodity investors are going to get rinsed on rare earths just like they did lithium. The explicit aim is to deliberately oversupply the market to deny China its strategic advantage. When government support dries up China will outcompete the majority of the new startups like they were doing before. If government support continues indefinitely then margins will disappear in a race to the bottom and no one makes any money.
>>23483617I mean did they really get rinsed on lithium? The tier one deposits are like x20 since 2015...
Are we actually going to fucking hit a new ATH in gold today after that pullback?This market is so resilient. All the dips get bought quickly.
>>23483801well, there are few hours left so we will seestonks are lagging tho
>>23483702some of the companies are still in the process of going bankrupt and ruining investors, you're right
>>23483877why so passive aggressive, did anyone pee into your tea today?
>>23483617Clf up 20% today on REE mining announcement
>>23484063turns out capital loves unsustainable government handouts
Don't worry, all that capital that pumped Tesla and NVIDIA has to go somewhere.
Back to GreenX MetalsJust from historic estimates of amount of copper in Tannenberg area times current copper prices is over 8 billions US pesosdivide that amount of existing shares gives you even 25-29 US pesos per share depending what copper price from recent period you want to use (I rather think there is some chance to see copper price higher in years to come).and that from historic estimates based on outdated model of Kupferschiefer which takes in account only small section which is of grade over 2 and half percent copper.and that's not taking in account reward in arbitration or any deposits potential in Greenland.current share price is about 0,5 US pesoAny questions why I am interested in that stock?
>>23483877I talking about the Tier one, best of the best deposits, shits not going bankrupt they are literally x20 since 2015.
>>23484159Gibs helped ofc.
>>23482061What’s your GLO PT if they get the bank loan?
>>23486228Anything above C$1.30 (2x my avg.) I start trimming as the position is way too large for me. It could go a lot higher very quickly if there's an announcement of a US development bank loan so hopefully I'm away from my computer that day. Still think a JV on predatory terms is most likely. Their last cap raise was oversubscribed which suggests a shift in sentiment, the previous one was under.I want out before they have to start actually exporting uranium.
>>23486332Yea 1.30 seems like a consensus target from what I’ve seen around. Do you think the exploration story isn’t compelling, or is the jurisdictional risk just too much that you just need to get out at a 2x?
UUUU Donald project in Australia declared essential and will be backed by their government with a Aus $80M loan
Bolivia left wing government voted out.They are building an economic block.
>>23487242>Monroe Doctrine 2, Electric Donaldaloo
>>23483617The only issue is Western hard rock projects can only flood the market with more light REEs. China's is having access to heavy REEs from ionic clays in Southern China, Myanmar and Laos. The export restrictions only extend to the heavy REEs (DyTb most prominently) and no matter how much Trump pumps and subsidizes hard rock REE projects, the fundamental geological reality is that those projects are extremely low on those all-important heavy REEs. There are a few good heavy REE projects in Brazil (Brazilian Rare Earths and Aclara) but that's about it as far as excess heavy REE supply goesLight REEs will absolutely be extremely oversupplied though, expect NdPr prices to gigadump.
>>23484392>divide that amount of existing shares gives you even 25-29 US pesos per sharethat's not how you value projects btw
>>23487368that's the only metrics you can value with infomations you have btw of course reserves are most likely much bigger as the model used is outdated for several decades
>>23488319that's never a credible valuation metric btwalso you can still estimate a rough DCF if you want, just estimate a realistic hypothetical project based on your own hypothetical reserve estimate.
>>23488331you are kidding, right?the only realistic estimate is "several times bigger if we take in account all factors like known models of K-r, potential for new findings there, arbitrage award, stuff in Greenland". There is no way to estimate it any more precise than that.
>>23488339costs of building mine(s) in that are of Germany are pretty much ,ajority of infrastructure spending that would be needed as infrastructure is already there. But you cannot estimate them as you have no idea how big it would have to be and where exactly placed.Costs in Greenland are at this point unknown so you cannot even imagine what number you have to substract.Costs of production are even more fantastical fantasy you have to fantasize at this stage.
>>23488339>he doesn't know how to do DCF analysis
>>23488355What DCF analysis? On this stage? Is that some sort of hermetic Finnish humour?
>>23488361companies do PEA level studies without reserve estimates and real life price quotes for long lead items contractor services, and often with only baseline metallurgical etc. studies.If they can do it, why can't you?
LINE GO DOWNIT'S OVER
>>23488421Because I have better usage for time than doing sci-fi.>>23488434Over the rainbow and far away
>>23488455like doing valueless in situ valuations?
How cooked are we today?
>>23488456you are dumber than I assumed>>23488484between oreo and biscuit
>>23488495>I'm too dumb to do DCF so please hear out my in situ per share valuation instead
Its over (its not earnings come this week)
Next week*
>>23488513Thanks for proving my point, Korhonen>>23488646AAAAAAAAAAAAAAAAAAAAAAaaaaaaaaaaaaaaaAAAAAAAAAAAAAAaaaaaaaaaAAAA!!!!!
I aee this as a consolidation before they pump when they release their earnings
>>23487035It's purely a sizing issue. I'm massively overweight GLO specifically for the pre-financing discount, post-financing I have to reduce in-line with other value uranium stocks.
>>23488666Ave Satan>>23488731Got Denison and NextGen?
>>23488743I've sold down Denison a lot but I still own it. A lot of success is priced in there now, and ISR at that depth is a unique risk. NexGen is my third largest uranium position after GLO and physical (YCA), but much smaller than both. The exploration potential there is outrageous and I expect minority stakes in Rook 1 to be sold off after permits are acquired next year.
i alyaws wanted to own my own chest of goldwhy is it so pricy
>>23488663it's okay to admit it Wojtek
Yo, what triggered the PMs dump?
Guys...I...I think...I-I think I'm getting bullish natgas.
Double top not looking good...
>>23488932exhale and open window asap
>>23488930london filled its vaults, no panic buying any more
>>23488930Trump promised sellers free footjobs for the rest of the year if they sell.
AT-retards are probably collectively hallucinating a double top pattern and feel obligated to sell because shapes in their heads told them to do so
>>23488930Greed. Time for a slap on the wrists for any overleveraged longs. Next week is a better time to buy than this week.
>>23489111Clf is completing the "breeching whale" formation this morning
>>23489156I remember clf being a meme on /biz/ smg in 2021
Hilarious sellof in miners DESU. I bought some shares.
>>23488932I said this last week. The bottom is in on o&g. Find divvy plays in blue chips right fucking now
metals going to zero
>>23489180I hope so, I would hoard them en mase when they reach that level. If they go negative I would billionquple.
The miners are trying to find my non existant stop loss
And here we go, my folio started growing after dump.
Happy that im finally outperforming gdx lol
Thanks to our frens the banksters giving us this sale today I just made it to 34,000 Snowline shares. Now completely broke and will probably have to do a 3 day fast until Friday
>>23489171Oil still probably finding a bottom. I would expect a bottom next year. Natgas will remain extremely volatile so not calling any bottoms there, but I'm starting to see light at the end of the decade+ structural oversupply in the USA now that byproduct gas growth from liquids production is slowing down and data center + LNG demand are converging through the rest of the '20s. Canada looks still structurally oversupplied through at least 2030, there's a lot of byproduct gas and even dry gas coming online to more than meet demand thereI have already started to build o&g positions.
Now it was just so clear that we are gigadumping that I had to swing. I will also take this chance to move some balance off from ARTG to BTO. ARTG is still at 100% margin requirement.>inb4 we will launch to orbit tomorrow.
>>23489399I would wait on the buy timing more but otherwise not a bad idea to reduce margin that way. Next week will be better, this week the market will flush out the weakest and most leveraged hands. Max fear maybe today or tomorrow. Today definitely feels like blood on the streets, I'm happy I took off some money last Friday. Will be looking to redeploy some in metals next week or late this week probably. Mostly just stayed long though.Hoping to cop some more BRVO cheapies, maybe a good reentry to CHN.AX. I like PGMs right now. Maybe I'll add to some gold positions if I find any good buys on stuff I already have.
It would be commedy gold all over social media if gold starts moving 200+ US pesos a day
Shellco shitco broes shall inherit the earth.
>>23489521>my shares are OTC traded so they're not REALLY down even though the more liquid exchange listed shares are down -20% today
>>23489527>OTCTry again, Pekka. Shellco shitco capital is the Venture.>small float, illiquidity + high vega = downside protectionAgain, share structure matters. When insiders and 10%+ holders control >50% of the company at a cost close to yours, you don't worry so much about 100k share blocks being dumped into the bid.I've been accumulating these niggers in my cash account for three years, and now they're waking up. No assets, no plans--just clean shells on the Venture.
>>23489555shortbro that you?
Fucking Bloodbath
>>23489595I call it "a buying opportunity"
>>23489595not even looking at my pf today. I'll look again in a few days.
>>23489570Yeah.
>>23488932$CRK
>>23489801I did buy some Cumsock among a few others
>>23489801
Did they force Argentina to liquidate their gold reserves? Is that why the US was buying their currency?
>>23489817no, the Trump admin has a weak dollar policy so they love to dump dollars whenever they get an excuse.
Colombia overturned the conviction of their former president. With Monroe 2, electric donaldaloo would a conservative gov't in Colombia mean good for EC?
Surely amazing quarterly results on earnings can turn this around? right?
>>23490202sure just wait until next week after overleveraged gamblers have been beheemed first
BLOOD IN THE STREETS
>>23490491we are forsaken
>>23490491>NVIDIA -0,8%>blood in the streetaha
See who is in the picture x.com/GreenxMetals/status/1980290651892617567
>>23490736old balding man #1old balding man #2old balding man #3...and who could forget old balding man #4!
what a brutal week
>>23490830week? Week barely started
