WAGMI edition
I've had diarrhea on Kebnekaise and had to take a shit behind a rock at the top. I've shitteted on top of Sweden, wiped my ass with me gloves from H&M. Slid down the side of the mountain afterwards. Great shit. 9/10
>>24566429Have we finally reached the bottom? Yes or no?
Also hedgeless horseman opium just dropped for us.https://youtu.be/y_BwTIdPR0Q?is=H4hPpAXQR7BPlol1
>>24566533Fucking n00b move of having chiliconcarne the day before. Fucking beans man.
>>24566534I say yes.
>>24566534Yes. The GPG Ocean Partner's deal ticked the bottom.
Investing in metals miners right now be like @7:10https://www.youtube.com/watch?v=FBgxIcMhDns&t=430s
>>24566566Nigger, 566, the devils mongoloid brother. If I could scam devils I would. But I 'ant instead I'm a fat man consuming alcohol, as a comfort, for my failed hopes. If I amount to anything other than a stain on a wall, please make it be tobacco related, or at least racist. I've seen 3 jeets here just today, god forbid I saw niggers. Before I die, let me have some impact on the world. Tas asking for a lot. Our insignificans should not be underrated. I got a postcard the other day from a chap I haven't talked to in 25 years. Most pleasant. I will reply shortly. Don't forget and stay in touch. It means alot.Bless and curse you all, for we dance the dance of death. None shall survive.
wtfwtf GPG is gonna save my entire portfolio if this keeps up. i am definitely adding more if it drops below 0.30 again
>>24566985Yeah it's crazy how quick things can change. Hopefully this will give other institutions the confidence to start accumulating, could be a gamechanger. We were/still are so ridiculously undervalued that we can go all the way to a dollar and still be cheap at US$200M FD or $100/oz in the ground.
>>24566739Just get yourself a bag of mining stocks it's the same as a sack of devils.
>>24566192>Market value -$56kOof. Sell a kidney to cover those losses mate>>24566534The bottom is in when Trump tells us about a gold bond on independence day
>>24568230>lossesBroe, do you even short?
Rick sayshttps://www.youtube.com/watch?v=hEbtmAWiaC0
>>24570572Look up smug in the dictionary and you see this fag sniffing his own farts
market is trying my patience. do better.
>>24570611the market is trying to kill you
>>24570611us dollar droppingrate hike expectations fallingI think this is temporary and WAGMI
>>24570618WAGMI
Bottom is in. Maybe a couple of more weeks of sideways action, then up.Imagine now if we get gold revaluation or gold backed bonds next month.
>>24571398Everything is gold in July.https://youtube.com/shorts/fwy8lkPe8S8?si=nAC2lPnLxSvkPRLg
>>24571398>Imagine now if we get gold revaluation or gold backed bonds next month..00000001% chance, sorry fren
>>24571398>>24571404>>24571791Imagine banging a hot and sweaty Kai doggy style after she just finished 18 holes of golf in the June Florida heat with 100% humidity while a .999 gold buttplug is inserted in her ass
>>24571897Get out of my head
>>24571913kekWAGMI
>>24571223snowline up 8% :0
>>24571972I hope my retard prediction from 2 days ago when things looked bleak and Shortfag was taunting us comes true
>>24571983our dreams will come true!
>>24571988CHECKED WAGMI
>>24571983Kek. Prices go up for one day and you're all cumming in your pants.
How likely is it that a huge open pit copper mine near Mt Margaret in Washington gets permitted? need an exact percentage from 0 to 100%.
>>24571972Feeling good about rotating out of Highlander to Snowline for that capital loss. Can buy back Highlander in 26 days or so if I want.Only reason I had a loss on it was because I owned Bear Creek which was acquired by Highlander, and my cost basis got reset.
Also, guys, check out Spartan Metals (W.V, SPRMF), an explorer that might be sitting on a monster.Two projects. Victorio in NM, largest historical tungsten mine in the US and a silver-tungsten-antinomy-copper project in NV.Look at the silver concentration of their recent discovery at surface. 1927 g/t Ag. Imagine if they can get some distance on some cores at depth.https://ceo.ca/@newsfile/spartan-metals-reports-significant-silver-antimony-copper
>>24572046Grok doesn't give it good odds bro.
>>24572305Thanks for the effort bro, didn't even think to ask Grok for some reason. 10% may be a reasonable estimate, although I feel like it's a bit higher with the new administration (although the next one may take it the other way). Paramount Gold Nevada managed to permit a small UG gold mine in Oregon recently. Isn't Oregon somewhat like Washington?The copper project is super juicy anyway. With a lowered cutoff it's probably already close to a billion tonnes with practically no strip ratio and good grades and the mineralization is completely open. Could be worth billions with an S with a permit. It's held by Cambria Gold Mines (previously Ascot Resources) for the uninitiated. Their stock has fallen a lot and valuation is starting to become very attractive. Their Red Mountain project is super high margin - average width of the orebody is 15 meters.The vast majority of shares outstanding just became free trading in May and I'm thinking holders of the 150M warrants at C$0.85 will want to exercise soon so they get their piece of the spinout shares. This could pressure the shares down to the 80-85c level. Fresh 43-101 on Mt Margaret is scheduled for July, I'm guessing they will spin out the project in Q3. Shell company on NYSE has been picked out and they are hiring people now.600M shares FD, should be easily fully funded to production with the warrant money. 150koz/y production profile. US$400M FD mkt cap.
Michael Copium https://youtu.be/4vrsj4mDPso?is=MgHnh-KcPNDiK92e
>>24572384If the grades and resource size are higher than what Grok thought, might be higher odds.Both WA and OR are blue states. Heavy on regs for mining, unless the grades and size are high and it will create a lot of jobs to make the Dems look good.
>>24572447I don't have the presentation in front of me, but from memory it's 0.36% Cu and 0.24 g/t Au 0.011% Mo and 1.7 g/t Ag with a 0.3 Cu cutoff (I'm assuing Cueq). Mineralization goes to surface and mineralization is throughout the drillholes. With a lowered cutoff grade will go down a bit but probably still above 0.5% Cueq which is super high grade when there is practically no waste and it's big tonnage. Mining cost + processing cost will be like 0.1% Cu ($11/tonne). Huge profit margin on a very low execution risk project.
CAM ON GOLD, SILVER AND CAPPER LET'S FAKING GOO
Words of wisdom from Captain Sporthttps://youtu.be/hLJz3xKmzk0?is
>>24572478Not bad for open pit, but otherwise low grades. The Dems in WA are pretty woke, pro-nature and going to be lots of locals holding up the permitting. Not to say it can't happen.
>>24572731For an open pit with very low strip and high tonnage it's way better than not bad. Keep in mind that these huge flotation plants run at like US$6-7/tonne with cheap power. 0.5% Cueq is printing money even with copper at $5/lb. But yeah obviously permitting is a big risk and the reason why the project has been dormant for so long.Just for comparison McEwens Los Azules copper project in Argentina, which is more remote and higher altitude, has a reserve of a billion tonnes at 0.45% Cu with a strip ratio of 1.65 and was valued I believe above a billion dollars US at their latest financing a while back before copper rallied.
>>24572826Also which one of you guys began buying and pushing the price up after I mentioned it? stop it, I want in lower.
>>24572847Smart money is buying everything on sale. Bottom is in.I agree about the economics, but I'm looking at 1927 g/t Ag and 1.83% Cu at surface w/ Spartan Metals in a better district at already permitted site. Bonanza if at size right? Diamond drilling starts in August, I hope they hit.One of the few exploration/developer plays I have other than Snowline, rest are producers or near producers.
Market doesn't seem to care
>>24573149Good grades for sure, but selective grab samples being good doesn't necessarily mean that much other than there's potential. Need a big system with continuity. I already had Spartan on one of my watchlists, it does seem like there's decent potential. It's also a tungsten play though, I would rather focus on gold and perhaps silver.
>>24573151I think gold will respond differently now, it will go up with continued conflict, with rising oil prices and so on. And if the war ends, it still goes up.Because money printing is coming.
>>24573169It does seem like gold popped on that news drop
>>24573166Nothing wrong with a little tungsten exposure, given it's status as a war metal and the shortages going on. Will be in the news in a couple of weeks with floor prices from US gov.https://finance.yahoo.com/sectors/energy/articles/u-industries-push-revive-tungsten-120000973.html
>>24573151>>24573169Gold shot up the moment this news was releasedwtf is happening?also oil is barely movingalso rubio said israel and lebanon signed a deal, I wonder if this has something to do with ithttps://www.cnbc.com/2026/06/26/israel-lebanon-hezbollah-ceasefire-rubio.html
>>24573151fuck my life
>>24573194At least the markets are closed.
>>24573185True, but my conviction on these niche metals is so much lower than with gold. Sometimes you have one or two big mines coming on and the whole market just crashes.>>24573194That was published nearly an hour before that last spike. Both gold and oil spiked just as the news of the Iran war starting back up dropped. Maybe it's just another little cheeky tit for tat.
>>24573254>Maybe it's just another little cheeky tit for tat.I think it is. They just attacked their drone launching capabilities.
>>24572718WAGMI
>>24573531Been a rough few months. Up for the year, but down half a million from my peak in March. It's brutal going from a euphoric state of planning for retirement to realizing I need to keep slaving for several more months minimum.If commodities can get back on track the later half of this year, I can start thinking about retirement again.WAGMI
>>24573641I'm in a state of haze
>>24575392holy shit a talking frog
>>24575501lol
I'm sweating bros..
>>24577383>>24577296I can't take this.Someone make a move.I wish the market was open so I can obsessively stare at the gold chart for days at a time.
>>24577391It's happening.https://www.mining.com/web/cme-announces-plans-to-offer-24-7-wti-oil-and-gold-contracts/
>>24577448oh waow
>>24577391>I wish the market was open so I can obsessively stare at the gold chart for days at a time.Me 2. 24/7 gold trading next month is going to be dope. They should let stocks trade during the weekend too and stop with those nigger trading holidays
Here we go again. Incredible how fragile these agreements are. You would think it's in the best interest of both parties to just squash it but they just can't help themselves.
>>24578660Bump
