A christmas miracle edition.
>>23796417
>also, i did a backtest of physical gold vs gold mining stocks during bull runs in the past 50 years and turns out that aggregated miners under or equally perform % gains of actual gold. Its only when you start to invest into the best performing ones that you get the edge, so im gonna rethink if i wanna keep my SILV ETF.. That's hardly surprising. Most of the stocks in this sector are literally valueless after all. In bull markets it's the best companies that will perform the best on average. And in the bear markets it's the blue chippest of the blue chips, the royalty companies that outperform. Full-cycle, I'd bet the highest quality royalty companies outperform gold, seniors, midtiers and juniors all on average.
>>23796454Surely with the expansion of passive investing the companies with the highest weights in indexes benefit the most. Perhaps we target some juniors that make it into ETFs?
>>23796417Merry Christmas fellas I hope Santa leaves a big fat green candle for (you)
Alhamdulillah merry Chistmas bros
>>23796417>>23796432>>23796855>>23796875Merry Christmas!
Merry Christmas kings!T. Moved to ConstantlyMakingMoneyGeneral from PMG when the horse shilling was at its highest. In the end we can thank the cowboy for making us rich, if at least indirectly, by keeping us away from the shitcos!
Is it time to start gloating on /biz/ yet?Spitballing here but it would be fun to troll>I lost everything on poopcoin!>Put the fries in the bag!If you build it, they will come
china is still open right? so spot will continue trading at 9:30 pm eastern?
re-rate coming
>>23797588Checked, it's inevitable
>>23796417Merry Christmas all! hope all is well!
>>23797588Very conservative numbers but still better than what we have ATM.
Found the SNL episode from December 12th, 1981 where Poland was invaded by the Russians.
>>23798077Fascinating.
>>23796469Is Bayhorse hoping for a mining permit this year, or nah?
MERRY CHRISTMAS BROS!!WAGMI BIGLY IN 2026!!
>SolGold agrees to $1.2 billion takeover by top investor Jiangxi CopperIdk man feel like they sold the project kinda cheap... But chances of them developing it are slim to none so... Good takover by Jiangxi, those Chinks can pull some strings and build the mine there no problem.
>>23798981Expected low takeover premium. Lumina takeunder by CMOC was prelude. There was a chance that Newmont or BHP could have gone into a bidding war but the moment they signaled support for the Jiangxi bid I knew 28p was the final takeover price. My average price ended up being slightly above 7p so I made bank anyways. I'll take my 4-bagger with gratitude. Chinks are good at mining and M&A for sure!
>Silver : Debil's Metal>Gold: Pet RockWAGMI
>>23800998
SCR doled out the $10 special dividend. Was it the best thing to do with $2b? Maybe not. but they did get things rolling with the attempted hostile takeovers this year. It will be interesting what M&A we get next year.
>>23801160kek, Merry Christmas Finbro/Snowline Chad!WAGMI: https://www.youtube.com/watch?v=SDtQosVI50s&t=312s
>>23800998What a useful idiot Zweig is. The "pet rock" has returned 13.9% compounded (267% total return, 3.67x the money) since 2015. That's not a bad return at all over 10 years which is a fairly long time.
>>23796417Look at that quaint village, all the loot ripe for the taking. They might even have unguarded monasteries with untold treasures within.>Smacks lips
>>23801807Where da anglo wimminz at??
WAGMI
>>23802275Weak
$74
So... the elephant in the room-Are miners going to finally make us proud tomorrow or more embarrassment?
Hello?
Miners are just companies. Most of them poorly run. Just because there's more demand for your product doesn't mean you won't go bankrupt from labor costs and shit.
>>23802780Miners are sitting on literal gold mines for pennies on the dollar, this capital is returned to shareholders
>>23801842>When the Saxon began to bathe
>>23802780so just don't invest in shitcos stupid
>>23802896What defines a shitco? Everything looks overpriced and gay. Why are AG, HL, and EXK going to see gains in price after all rallying with giant green dildos?
>>23802904>What defines a shitco?keeps bleeding money and failing every possible timeline and guidance all the timeexperiences positive surprises and successes rarelydilutes at the worst possible times and at high discounts to share pricelow quality assetsrun by poor management teams and backed by retail or untrustworthy people>Everything looks overpriced and gay.a lot of things do that in bull markets. the silver miners are pretty much always overpriced because the market really likes paying a premium for those to speculate on silver going up a lot. Silver miners that were overpriced back when silver was at $20 are overpriced when silver is at $60 today, and they have all been multibaggers. Even most of the shitcos which is pretty funny
>>23802926What commodities does cmmg recommend? I effectively am picking one to DCA in for the greatest gain as my main love is physical metals.
75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 AAaaaaaaaaaa maaadneeeees
>>23802961we mostly are into precious metals, uranium, carbon fuels, copper. Some dudes been playing salt stocks.
>>23802969UUUU and MUX worth anything?
>>23802962
>>23802646Markets are closed on the 26th lad
>>23803073not in the U.S.
>>23803073
>>23803075>>23803080Oh right, I mostly use the TSX so
>>23802971energy fuels are kind of a meme stock carried on waves of rare earths hype and the idea that having the only working uranium mill in the US is worth something (any half-decent mine is going to build their own mill nearby rather than trucking ore hundreds of km).Not a worthless company. Pinyon Plain has surprised with grades over 1% and reserves well beyond the original claims of ~1m lbs total. But they're a really odd duck with an inefficient business model. Lots of expensive long-distance haulage, batch processing, ore purchasing, and earn-in agreements for titanium projects that are intended to provide the rare earths feedstock (titanium market is in shambles right now lol). For less money you could buy Paladin with substantially more current uranium production and better growth projects. Encore have similar production in the US and are 1/10th the price. Global Atomic is 1/30th for way more uranium but still a year of construction and geopolitical drama unfolding (my largest position). Energy Fuels have a funny ticker tho.
>>23803163>Global AtomicI like the chart. Really think it will see moves upward larger than the S&P?
>>23802971I have like 2700 shares since $3 usd. I think it’s a bit of a meme, but they’ve recently successfully produced top notch dysprosium. That for sure has them on the DOE radar, not to mention the whole “only uranium mill in America” thing they have going for them.
>>23803170it's going to 5x in the next 4-6 weeks when the US government approves the final project loan. ignore all news of travel bans between Niger and the US, and US strikes on Islamist extremists in neighbouring countries. I'm sure that won't matter.base case Dasa has a $1bn NPV, costs just $150m and you get a profitable zinc recycling company worth $40-50m.as a bonus.
>>23803170SP has moved up what 18% this year? Pretty sure GLO did that in one day after the last DFC update a week ago. Speaking of GLO, kinda timid about this Nigerian situation. It’s within 500km of Dasa more or less. I have a big position avg. 0.66, kinda have a feeling we will see a bad reaction come market open. It will likely retrace to the bottom of the recent channel then go upwards again past 0.80 as higher uranium spot and drawing nearer to DFC day.
>>23803233Wow that’s a lot of conviction britbong, are you really that sold on that being the reaction? I’ve heard of $1- $1.5 CAD but a 5x is like $3.60. Pretty sure you had a $1.20 PT not long ago more less.
>>23803237$1.30 would be a very tempting place to trim and manage risk (100% gains) but still absurdly cheap compared to the US shitcos with a fraction of the uranium, dodgy businnes plans and no experienced staff.If they don't get the loan and have to go with the JV then valuations will be lower and discounts for geopolitical risk remain higher. DFC loan implies US government protection (lol) which institutional investors love.
>>23797588>>23797605>>23803080>>23802646Silver miners are printing money. At these prices the we should see several violent moves up in the miners before Q4 earnings release in Feb.
>>23803170that's not a good looking chart btw
>>238032335x would have the stock valued way higher than its NPV bruv
>>23803416It's literal insanity the divergence now since the October correction.
>>23803474A year of stable consolidation and high volume; what's not to like?
Let's go!
Should I even bother putting many into miners?I have been buying oil and coal stocks these past few months
>>23803684that's a coal idea, should have listened to Francis, he said not to do that for a long timehttps://www.youtube.com/live/xJo19t7g8k4?si
>>23803689>noooo dont buy the bottomI'm not going to watch a 1 hour video
>>23803717>no I can't watch a video to learnyour loss
>open broker app>they are still sellingkek>>23803682oh noe, a genetic abomination without fingerprints
There is some silver miner fuckery taking place this week on a truly mind boggling scale. Hecla down on both Tues & Weds around 4% total with silver way up both days and just got hammered down this morning with silver up $2.50. Did the banksters find a way to short 6-gorillion HL shares?
>>23803729SELL EVERYTHING, METALS ARE MOONING WITH NO SIGN OF STOPPING!
>>23803737yes. should be fuel for next move higher.
>>23803737All in
>>23803747omg, that's a lot of chutzpah>>23803755Checked!
>>23803624went down -90% from the top three years ago and to new all time lows, even below coof bottom. That's not what a good chart looks like burgerfren
>>23803779What about HL, than?
Fellas, are we gamma squeezing?
>>23803813Not my minors
>>23803834SLV does not concern itself with such things.
>>23803747thx good point bro, these riggers are starting to piss me off, I'm getting close to roid rage
>>23803729You'd think with the oil prices firmly in the shitter they'd all have huge cashflow margins. But you know full-well they're all sweating furiously to hit that dilute button the moment anything catches a bid.
>>23803842What's your forecast on Hecla? It's 4x the bottom.
76
>>23803850in the short term, when Q4 earnings come out Feb 18 would say within 2 days of that release HL should be around $30, but should be much higher, especially if they can't find a way to smash silver
>>23803850
>>23803796idk
Apologize
>>23804505Its like the shitcos are going up undetected while the big silver producers get shelacked by a titanic volume of jewish shorting
>>23803689Who is this gigabased schizo?An interesting opinion that oil will not follow this run since (((they))) want to keep it down to hide inflation. I would not be surprised to see a big slam on oil, but with the current growing energy demand that should not hold for long. Oil will be a very good investment in the next 20 years. The modern world IS oil.
>>23804570>>23804570Kek you never heard of him?Hes giga based, I only know him for 2 or 3 yearsHes some brit that started out in real estate and then got into trading from what ive learned by just watching from time to time Over the time he adopted the chud lingo but always kept calling out the elites
>>23804577The most antiseptic man in Europe, topkek
>>23804562kek, I think many shitcos flying today is also an indication of the level of fuckery that takes place on the unregulated shitshow Venture. I sometimes sell a little into the big pumps and then just buy back when the TSXV fags return and smash it back, but not really tempted by anything today
HO LEE FUK, $77.05 spot, up over 7% for "Unobtanium"
>>23804577He's live now
>>23804685Yes ill watch it another time
>soon
>>23804836Do you really think there will be a boom in miners, a notably volatile and unproductive stock? Metal ETFs have to be the way to go, right? Gamble on one and your cheeks are clapped.
>>23804836>>23804842a lot of miners have already delivered these kinds of gains so far
here we go again...CME to raise silver margin to 25k from 22k (13.65% increase) effective Monday close 1:51 Palladium 15k -> 18k (20% increase) 1:52 Platinum 6.5k -> 8k (23% increase) 1:52 Gold 20k-> 22k (10% increase)
>MFW I'm only up $10k today
>>23804873>SILJsisters...
>>23804842In a secular bull market for the precious metals, you make a tremendous amount more money buying stock in the *good* companies that mine precious metals than just holding the precious metals. The trick, of course, is to recognize the good companies *early* (and buy them) and avoid the bad companies.I think we're in the early stages of a mining stock mania and I don't know how much it has to go. Maybe years more; maybe it ends next year and goes into another bear market. Most American investors, retail and institutional, have essentially zero exposure to precious metal or the precious metals mining companies. *If* they get involved, this year's run up is going to look like an ant hill compared to a mountain.However, even without the mania gains, there have been good mining companies that have provided excellent returns to their shareholders: Agnico Eagle Mining and Alamost Gold, for example.
Silver miners lagging the metal because everyone knows its a bubble... silversisters..
>>23805338Its a repricing event
>>23805338its weird right, but the q4 numbers will tell the truth
>>23805344It's just everyone spending their christmas money on the devil's metal.
