OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Gold Train

Posted by Maya @ 1:35 on February 20, 2020  

rrflasher-copy

A picture postcard of snow and steam
https://railpictures.net/photo/721603/

 

oh please Richard

Posted by eeos @ 17:27 on February 19, 2020  

0 hedge hates Elon because hes lost money for 10 years trying to short Tesla. Wrong at every corner. And besides Elon has run circles around Richard Branson. Can’t even try to compare the two. Space X is kicking ass and taking names. No brainer

Buygold @ 15:55

Posted by Captain Hook @ 16:03 on February 19, 2020  

Ya sorry about that…just flying today…here you go.

First Majestic Silver loses $40.5M (U.S.) in 2019

2020-02-19 07:34 ET – News Release

Mr. Keith Neumeyer reports

FIRST MAJESTIC ANNOUNCES FINANCIAL RESULTS FOR Q4 AND YEAR END 2019

First Majestic Silver Corp. has provided its consolidated financial results for its fourth quarter and year ended Dec. 31, 2019. The full version of the financial statements and the management discussion and analysis can be viewed on the company’s website, on SEDAR and EDGAR. All amounts are in U.S. dollars unless stated otherwise.

2019 highlights

  • Total production reached 25.6 million silver equivalent ounces, a 15-per-cent increase over 2018, reaching the top end of the company’s 2019 guidance range of 24.4 million to 26.0 million ounces.
  • Silver production reached 13.2 million ounces of silver, a 13-per-cent increase over 2018, and in line with the company’s guidance range of 12.8 million to 13.5 million ounces.
  • Generated record revenues of $363.9-million, representing a 21-per-cent increase from 2018.
  • Generated a record $140.0-million of cash from operating activities.
  • Mine operating earnings of $66.2-million compared with negative $11.9-million in 2018 primarily due to higher revenues, metal prices and lower cash costs.
  • Operating cash flows before working capital and taxes of $108.9-million or 54 cents per share.
  • Adjusted net earnings of $7.3-million, or four cents per share, after excluding non-cash and unusual items.

The last bullet is the one that matters.

Captain-AG

Posted by Buygold @ 15:55 on February 19, 2020  

Can you please post the link to the earnings report that shows where they are losing money?

I’m seeing a profit, not huge, but also nothing to explain today’s drubbing.

Once again your delivery leaves a lot to be desired.
Silver is actually going up today despite all the stupid option players you constantly remind us about. So is GDX and GDXJ.

Lighten up, you make your bets and I’ll make mine. I’m doing OK

Buygold @ 14:46

Posted by Captain Hook @ 14:50 on February 19, 2020  

They are losing effing money. What do you mean it doesn’t make sense?

Investors are saying the bankers won’t let the silver price rise enough for them to be profitable so they are selling.

No mystery here.

Cheers

Ipso

Posted by Buygold @ 14:46 on February 19, 2020  

added some @ $9.45, they’re sitting just below their 200 dma @ $9.46

This move is on heavy volume but doesn’t make a lot of sense to me.

We’ll see what happens, there are a lot of winners in the sector today, so just hope it decides to play catch up

Buygold

Posted by ipso facto @ 14:28 on February 19, 2020  

I don’t have any right now but think it’s a solid company. Good luck!

Ipso

Posted by Buygold @ 14:26 on February 19, 2020  

Thanks for mentioning First Majestic, I thought their numbers were pretty good too.

AISC’s went down to 2016 levels.

They’re the only drag on my portfolio today, I think I’m going to add some.

HUI

Posted by treefrog @ 14:21 on February 19, 2020  

there’s 240!

 

How America got screwed out of ~3/4 TRILLION and got nothing for it

Posted by silverngold @ 14:17 on February 19, 2020  

Just skip the first 22 minutes and listen to the rest. All of the “leaders” are exposed to one degree or another, from Clinton to Obama to Biden to Pelosi…. and many others; all complicit in one of the greatest heists in history, and America got nothing raped!!

Rambus

Posted by ipso facto @ 14:07 on February 19, 2020  

Positive Action in the Gold Complex

http://news.goldseek.com/GoldSeek/1582123688.php

First majestic down 57 cents

Posted by ipso facto @ 14:01 on February 19, 2020  

Silly me I thought their quarterly-yearly report was pretty good?

U.S. stock mkt looks bullet proof-looking at the action today…a few things catch my attention=the 10 yr and 30 yr yields are

Posted by Richard640 @ 13:35 on February 19, 2020  

barely up…you’d think that on such a solid day yields would be falling more…similarly why are gold and silver well bid? G&S look strong since they have been going up WITH the $–as I write the cash $ is up .254 at .9969…one other thingy=the VIX and VXX aren’t down much…pretty thin gruel for the benighted  bear case…but it’ll have to do…that’s all I got…anything u’d care to add?

https://futures.tradingcharts.com/marketquotes/ZN.html

[10 yr t-note]

https://futures.tradingcharts.com/marketquotes/DX.html

[$ index]

P.S.=the U.S. stock mkt. seems to have relegated the C-Virus to the dust bin of history and is trying to move on…is the virus story good for ANY more downside for U.S. stocks?…inquiring minds want to know..

SPCE–IT’s the 2000 tech bubble all over again

Posted by Richard640 @ 11:45 on February 19, 2020  

https://finance.yahoo.com/quote/SPCE/options?p=SPCE&date=1582848000

 

To The Moon, Alice! Virgin Galactic Options Volume Explode As Retail Piles In

Buygold

Posted by ipso facto @ 10:50 on February 19, 2020  

Stop and go is OK … as long as there is a GO. Perhaps the end of the day shows us stronger.

Cheers

Morning Ipso

Posted by Buygold @ 10:38 on February 19, 2020  

I dunno. I’m feeling like there’s a comeback in the shares on the way.

HUI inching toward 240?

Action in the miners sucking wind today

Posted by ipso facto @ 10:23 on February 19, 2020  

Newmont’s Boddington to be world’s first autonomous gold mine

Posted by ipso facto @ 10:20 on February 19, 2020  

Newmont (NYSE: NEM, TSX: NGT), the world’s largest gold miner, announced on Wednesday that its Boddington operation, in Australia, is to become the world’s first open-pit gold mine with an autonomous haul truck fleet once it begins operations in 2021.

The move, said the company, which will enhance safety and productivity and is also expected to extend the mine’s life by at least two years.

“Our investment in autonomous haul trucks will generate an internal rate of return greater than 35% with a more controlled and efficient haulage operation,” said president and chief executive Tom Palmer.

Total net investment in Boddington’s driverless Caterpillar fleet will be $150 million. Newmont said it was already executing a plan aimed at providing opportunities for reskilling and redeployment of haul truck drivers to other roles supporting the Autonomous Haulage System (AHS).

Newmont’s Boddington to be world’s first autonomous gold mine

Trumpocrat

Posted by Ororeef @ 10:18 on February 19, 2020  

Blago: I’m a ‘Trumpocrat’ Now

Rod Blagojevich (Paul Beaty / Associated Press)

Former Illinois Governor Rod Blagojevich told reporters on Tuesday evening, as he was boarding a flight home to Chicago after he was freed from federal prison: “I’m a Trumpocrat now.”

Damn right!

Posted by ipso facto @ 9:16 on February 19, 2020  

If Duterte Wants Us Out, Let’s Go

https://www.zerohedge.com/geopolitical/if-duterte-wants-us-out-lets-go

First Majestic Announces Financial Results for Q4 and Year End 2019

Posted by ipso facto @ 8:36 on February 19, 2020  

Looking pretty good.

https://finance.yahoo.com/news/first-majestic-announces-financial-results-120010152.html

Morning Captain

Posted by Buygold @ 8:18 on February 19, 2020  

I hear you. I guess after 7-8 years of this, I’m overly happy when my account of shares is up almost 10% like it was yesterday.

There’s still a lot juniors that are still pretty darn cheap relative to the metals, so I guess if we see those really spike maybe we’re going to rally for awhile?

I’ve sort of given up on the notion of $70 days, much less $700 as long as we have the Crimex.

Bitcon? Who can even afford it anymore?

Buygold @ 7:39

Posted by Captain Hook @ 8:03 on February 19, 2020  

Yawn…wake me up when gold is up $70 or $700 like that piece of crap bitcon…not $7.

Until then nothing has changed.

The addicted gamblers were in buying calls on their favorite ETFs yesterday like there would be no tomorrow.

And here we are today, where the machines will punish them yet again.

Gamblers like to lose…and the bankers know that…and use that against these morons.

Cheers

Follow thru?

Posted by Buygold @ 7:39 on February 19, 2020  

Follow thru after  a whopper of a day like yesterday would be sort of unprecedented.

I suppose it will depend on what the stock market does?

Coffee Time with Maya : Sold my palladium a little early

Posted by winedoc @ 6:02 on February 19, 2020  

Its a “Perfect Day”…….  “Such Fun”   ………  Lou Reed’s words ………..  you know what comes next …….

I have one palladium ounce left ……..  that I will never sell as it was made into a tie clasp !

Morning friends !!

Winedoc

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.