Vote Vote
RNO
“The liberals will be squalling , looting and rioting”
You got that right!
I hope the Trump team come up with their knockout punch pretty quick!
Ipso 20:10 yesterday
I don’t remember that phrase.
Looking forward to Congress putting Trump back in office. The liberals will be squalling , looting and rioting.
rno
Doonesbury
I’m sorry I wasted my time reading that.
Disaster averted in the SM
and prices recover near 3/4 ‘s of the fall…but AU can only manage a near 50 % recovery…..as always it’s the rig, that counts.
FYI AGI Alamos Gold, Another one of mine, looking better Used to be AuRico Gold
Alamos Gold (TSX: AGI) appears to be in the mood to spend money. Following its $25.0 million acquisition of Trillium Mining announced last night, the company this morning announced that it has renewed its share buyback program, also known as a normal course issuer bid. The program will see the company buyback up to 10% of its outstanding Class A common shares over the course of the next year.
The 10% figure for the company is based on the filing which was made as of December 14, 2020, when the company had a total of 351,455,040 shares outstanding. As a result, the program will see the company repurchase up to 35,145,504 Class A common shares for cancellation.
The program is set to begin December 24, 2020, and will end on December 23, 2021. Share purchases are to occur via the TSX, alternative Canadian markets, and the New York Stock Exchange, with the company able to purchase up to 273,548 common shares per day.
The previous program conducted by Alamos saw a total of 1,133,561 common shares repurchased out of a maximum 28,734,677 common shares that were eligible. Those shares were repurchased at an average price of C$6.99 per share under the program that formally concludes December 23, 2020.
Alamos Gold last traded at $12.50 on the TSX.
Take note on AGI chart, soon after the high volume days starts an up-leg.
Maya
Interesting the Solstice, Christmas Star, Perseid, and now a volcano all converging.
Eruption!
For the first time in two years, we have some active lava on the Hawaiian volcano. The summit crater of Kilauea broke open last night and flowed some lava into the crater. We had a 4.3 magnitude earthquake also, at 10:36pm that shook the bed as I was falling asleep. Pictures of the crater lava here:
https://www.usgs.gov/center-news/photo-and-video-chronology-k-lauea-december-20-2020
A Run On Gold And Silver Is Starting
The run has started early in Germany: “Gold and silver in the form of coins and bars are experiencing an enormous surge in demand at German precious metals dealers” (link). This is to be expected but the Germans, more-so than any other EU country (Switzerland is not a formal member of the EU), understand the wealth preservation/currency devaluation attributes of gold and silver.
But don’t mistake buying GLD and SLV for buying and self-safekeeping physical gold and silver. The integrity of GLD and SLV is highly questionable. I wrote this in a 2009 research report on GLD:
“A close reading and analysis of the GLD Prospectus, however, reveals that investing in GLD is drastically different from owning gold…Ultimately, the value of the GLD Trust the potential to experience a substantial loss in value. Under certain circumstances GLD could be worthless. As an investment advisor, I do not recommend that anyone use GLD instead of buying physical gold because it is not an investment in gold and the legal structure of GLD is such that unsuspecting investors could end up losing all of their money.”
FYI re GPL Great Panther Mining, Waking Up?
This is one of those dogs I hung onto, and lately its looking good. I bought it four times during 2017 as it was dropping. So I stopped buying it. Its been climbing since March, so now I’ll be adding to it. I’m into it at $1.75 $4.34 in 2011 .91 cents today.
GPL https://finviz.com/quote.ashx?t=gpl&ty=c&ta=1&p=d
ASM and GSV same story, bought years ago as they were dropping after that huge uptrend that peaked in the summer of 2016 when Trump started telling everybody
“Don’t worry about the economy” “We’re going to get tired of winning” “We’re going to drop regulations and lower taxes to get our jobs back” “We’re going to put tariffs on China’s exports” and then?? He said…”And don’t worry about your guns, I love the second amendment”.
Then our Gold stocks dropped, and my gun stocks dropped. This recent up wave is feeling like the HUGE gains we made before Trump opened his mouth and pulled a 4 year “save” on the economy and general FANG stocks.
Sometimes I the they USED Trump to stimulate, because rates were already so low.
Tuning out for a little while to prep some Christmas cooking. I'll leave everyone with this chart from @TaviCosta & @Crescat_Capital: miners severely undervalued considering a mighty historic trend has reversed big time. pic.twitter.com/IJHwRFxhgD
— Matt 🇬🇧🇵🇱🇺🇸🇨🇩 (@MattStirner) December 21, 2020
When you hire too many SJW teachers
These are their demands for this private school to open
Here are some of the demands:
The hiring of twelve (!) full time diversity officers
An additional full time employee whose “entire role is to support Black students who come forward with complaints.”
Hiring of multiple psychologists with “specialization on the psychological issues affecting ethnic minority populations.”
Pay off student debt of incoming black faculty
Re-route 50% of all donations to NYC public schools
Elimination of AP courses if black students don’t score as high as white
Required courses on “Black liberation”
Reduced tuition for black students whose photographs appear in school promotional materials
Public “anti-racism” statements required from all employees
Mandatory “Community and Diversity Days” to be held “throughout the year”
Required anti-bias training to be conducted every year for all staff and parent volunteers
Mandatory minority representation in (otherwise elective) student leadership roles
Mandatory diversity plot lines in school plays
Overhaul of entire curriculum to reflect diversity narratives
They should just close the school and start over!
https://www.zerohedge.com/political/elitist-nyc-dalton-school-having-racial-policy-meltdown
drb2 @ 9:29
You are correcto! We used all tools available to beat the Brits.
I haven’t seen many “Continentals” lately! 🙂
Mawson Drills 5.5 Metres @ 6.9 G/T Gold and 732 PPM Cobalt Including 1.0 Metre @ 25.4 G/T Gold at Joki East in Finland
https://finance.yahoo.com/news/mawson-drills-5-5-metres-060000912.html
VanGold to Acquire El Cubo Mine & Mill from Endeavour Silver Corp.
https://finance.yahoo.com/news/vangold-acquire-el-cubo-mine-110000797.html
Excellon Expands Kilgore Property and Provides Exploration Update
https://finance.yahoo.com/news/mdf-commerce-publishes-results-shareholders-132100428.html
Nighthawk Intersects 154.95 Metres of 1.36 gpt AU (Uncut), Including 8.00 Metres of 5.51 gpt AU at Colomac
https://finance.yahoo.com/news/nighthawk-intersects-154-95-metres-120100951.html
Bonterra Makes New Gold Discovery at Barry North
https://finance.yahoo.com/news/bonterra-makes-gold-discovery-barry-133000188.html
@ Ipso RE: your 17:51 reply
You are exactly right!
But in their defense, they had no choice – they were financing a war for their existence.
At the conclusion of the war the expression “not worth a Continental” was in reference to their money ?
———————————————————–
drb2 @ 17:51
If the colonists had continued using their own issue of paper money eventually it’s value would have been inflated away … just like every other paper currency which has ever existed.
morning Mr Copper
re food shortages no hard reports yet…..all ports to continent are closed/working real slow, as ‘new flu’ has panicked everyone…..
We are now right in zone where u cannot belive anything, as all governments over here are trying to panic everyone, about the new flu, as is the MSM….it is truly scandalous/mad…they all need lamposting.
Anyway I just bought 50 lb sack of potatoes from a farmer yesterday……so will be around to give them shit, for a while longer yet……cheers.
Hey Maddog
Yeah, here they come. They’ll have silver down here in a minute, if they haven’t already.
The excuse of course is a strong USD.
Demand, T/A – one of that matters
Morning Buygold
Re Silver
we have heard it all before…but my wife is a Pilates teacher and she has heard/read that silver is going to be used more and more as both a plating and as a wipe, due to it’s anti viral properties .