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

Buygold @ 9:20 Good Morning

Posted by ipso facto @ 9:32 on February 24, 2023  

I think Karora is a solid play KRRGF. Explorer Snowline SNWGF had some great drill results this morning. As you know they’ve been beaten silly lately.

I think Skeena SKE and Newfound Gold NFGC are good but being explorers riskier. Nevada King Gold NKGFF and Scottie Resources SCTSF and Summa Silver SSVRF are recent purchases of mine. All junior explorers so there is a lot of risk.

Did I mention that these are risky stocks?

West African Resources WFRSF is little known but has a great operation, making money but is in West Africa which isn’t so good. I may sell it for this reason.

Dolly Varden Silver is another favorite DOLLF.

Otto slams First Majestic’s Jerritt Canyon deal

Posted by ipso facto @ 9:22 on February 24, 2023  

https://iknnews.com/

Ipso – what are some new names

Posted by Buygold @ 9:20 on February 24, 2023  

to replace the last cycle’s MUX, AXU, GORO and a slew of others that used to be the high flyers?

$1820 is lost, rates and the dollar are crushing us this am

edit: we are primed for a reversal today, hope to see HUI bounce off 210 for the last damn time

overton @ 22:08

Posted by ipso facto @ 9:05 on February 24, 2023  

That’s a shame about Goro. Their management used to be all about sending good dividends to the shareholders but now it looks like they are more interested in stuffing their own pockets while the co. languishes.

Posted by ipso facto @ 9:02 on February 24, 2023  

First Majestic Announces Financial Results for Q4 2022, FY2022 & Quarterly Dividend Payment

https://finance.yahoo.com/news/first-majestic-announces-financial-results-212900186.html

Newmont CEO ‘disappointed’ by Newcrest’s rejection, but vows to continue pursuit

https://finance.yahoo.com/news/newmont-ceo-disappointed-newcrests-rejection-184435266.html

Eldorado Provides 2023 Production and Cost Guidance and Outlines Five-Year Growth Profile; Achieving Approximately 700K Ounces of Gold Production in 2027

https://finance.yahoo.com/news/eldorado-provides-2023-production-cost-221100603.html

Eldorado Gold Reports 2022 Year-End and Fourth Quarter Financial and Operational Results

https://finance.yahoo.com/news/eldorado-gold-reports-2022-end-221300222.html

Reyna Silver Announces Successful Closing of C$3M Second Tranche of Over Subscribed Bought Deal Financing for a Total of C$8 Million

https://finance.yahoo.com/news/reyna-silver-announces-successful-closing-151200348.html

Puma Exploration Strategically Increases Its Land Holdings at the Williams Brook Gold Project

https://finance.yahoo.com/news/puma-exploration-strategically-increases-land-163500750.html

Galantas Gold Provides Update on the Omagh Gold Project

https://finance.yahoo.com/news/galantas-gold-provides-omagh-gold-223000601.html

MANDALAY RESOURCES CORPORATION ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL-YEAR 2022

https://finance.yahoo.com/news/mandalay-resources-corporation-announces-financial-234700163.html

West Red Lake Gold Acquires 100% Ownership of Flagship Rowan Property, Evolution Mining Becomes 6.53% Shareholder

https://finance.yahoo.com/news/west-red-lake-gold-acquires-002700658.html

Victoria Gold: Eagle Gold Mine Updated Technical Report

https://finance.yahoo.com/news/victoria-gold-eagle-gold-mine-110000595.html

Snowline Gold Intersects 558.7 m of 1.3 grams per tonne Gold from Surface Including 202.0 m of 2.0 grams per tonne Gold at Its Valley Discovery, Rogue Project, Yukon

https://finance.yahoo.com/news/snowline-gold-intersects-558-7-120000057.html

Gold Terra Completes the First 8 Hole Drill Program on Con Mine Option Property to Expand Yellorex North Zone

https://finance.yahoo.com/news/gold-terra-completes-first-8-130000403.html

Silver Tiger Announces Closing of $18 Million Bought Deal Financing

https://ceo.ca/@globenewswire/silver-tiger-announces-closing-of-18-million-bought

Cornerstone Announces Completion of Merger with SolGold

https://ceo.ca/@globenewswire/cornerstone-announces-completion-of-merger-with-solgold

Japan Gold Provides Update of Q4 2022 Work Programs at the Ryuo Prospect

https://ceo.ca/@newsfile/japan-gold-provides-update-of-q4-2022-work-programs

Klondike Gold releases details of high-grade vein outcrop at Gay Gulch on Klondike property

https://ceo.ca/@thenewswire/klondike-gold-releases-details-of-high-grade-vein-outcrop

Millrock Provides Update on 64North Gold Project

https://ceo.ca/@globenewswire/millrock-provides-update-on-64north-gold-project

Sprott Announces Year Ended 2022 Results

https://ceo.ca/@globenewswire/sprott-announces-year-ended-2022-results

Gatos Silver Announces 2023 Production and Cost Guidance

https://ceo.ca/@globenewswire/gatos-silver-announces-2023-production-and-cost-guidance

Yeah maddog

Posted by Buygold @ 8:52 on February 24, 2023  

seems there’s some buying here at $1820, but scum keeping it right there.

I think we bottom today and finish higher. JMHopefulO

edit: then again, maybe not…

PCE the real bad news

Posted by Buygold @ 8:43 on February 24, 2023  

is that personal income missed estimate bigly. I guess that means stagflation?

Anyhoo, I’ll quiet down for a bit.

Big hole for us to dig out of this am

Obvious good buying in PM’s

Posted by Maddog @ 8:42 on February 24, 2023  

but scum just sell everything…..

PCE comes in hot and PM’s get smashed….welcome to scumworld.

Posted by Maddog @ 8:39 on February 24, 2023  

PCE

Posted by Buygold @ 8:34 on February 24, 2023  

Looks like it’s coming in hot up 4.7% vs. 4.3% estimates

PM’s about flat after the numbers, SM taking a hit. PM’s don’t go up on inflation.

Dollar up a little more as are rates.

We need an old-fashioned reversal

Bought a little GFI premarket

Posted by Buygold @ 8:22 on February 24, 2023  

The AEM I bought a couple days ago hasn’t really worked just yet so taking a small position in GFI down almost 5% this am.

Rates keep rising into the report, saying PCE looks to come in hot. 8 minutes to liftoff.

USD spiking a bit, oil bouncing up 1%

Posted by Buygold @ 8:02 on February 24, 2023  

up almost 1/2%

10 yr. moved up, now 3.92% up 3.3 bips

Not a bed setup going into the PCE numbers – 0830 EST

But Fred, NVDA is up 283% in 5 yrs and 7,350% in 10 years. Miners on the other hand like AEM is up 12% in 5 years and 13% in 10 yrs.

Posted by Richard640 @ 7:05 on February 24, 2023  
@JimMast46704277
14h

Replying to

@htsfhickey
But Fred, NVDA is up 283% in 5 yrs and 7,350% in 10 years. Miners on the other hand like AEM is up 12% in 5 years and 13% in 10 yrs. AGI up 92% and -26% in 5 and 10 yr respectively. I own all 3 stocks for 10 years….which would you rather into the future, miners aren’t working

NVDA

Posted by Richard640 @ 7:03 on February 24, 2023  
fred hickey
@htsfhickey
15h
NVDA CEO’s storytelling only works as long as investors are willing to suspend logic. When bearish mentality returns, hype turns into harsh reality &NVDA’s stock plunges, -80%-90% in last 2 major bear mkts. & -62% during last year’s 2022 bear phase. Another spanking in 2023 ahead better at hyping a theme than Mr. Leather Jacket. Bluster enables investors (wildlings) to overlook 52% Y/Y plunge in EPS(-33% non-GAAP as NVDA makes heavy use of stock-based comp), disappointing data center revenues (-6% seq. & -6% vs. estimates)

Scum arrived – looking to make it 12 in a row

Posted by Buygold @ 6:49 on February 24, 2023  

and we’re falling with a little more gusto. We still have the USD up a bit and rates up 2 bips

They are holding pm’s in lockstep inverse of the 10 yr. rates.

Looks like we have only one potential bullish outcome, that is to get slammed and then recover on the PCE numbers. If we don’t reverse, I suspect we’ll just get smashed like we have all week.

First Majestic misses

Posted by Buygold @ 5:31 on February 24, 2023  

This would explain why AG has been performing so poorly. Hard to see them crashing it much further but we’ve seen how low these things can go.

First Majestic Silver Q4 EPS $(0.07) Misses $(0.03) Estimate, Sales $148.20M Miss $156.00M Estimate

5:22 pm ET February 23, 2023 (Benzinga) 
First Majestic Silver (NYSE:AG) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $(0.03) by 133.33 percent. This is a 450 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $148.20 million which missed the analyst consensus estimate of $156.00 million by 5.00 percent. This is a 27.67 percent decrease over sales of $204.90 million the same period last year.

11 Straight days

Posted by Buygold @ 3:11 on February 24, 2023  

moving down in a stair step fashion. Unusual that it’s a stair step down, usually the upside moves are what we see stair stepping higher. The elevator moves seem to occur now on the upside.

I don’t know what the hell I’m trying to say other than we’re not taking the elevator down for now, we’re taking it up.

PCE out today, probably the biggest report this week as the Fed monitors the PCE numbers closely.

Thinking we could go either way. Either we get smashed after the report but bounce hard off of $1800, or maybe we just go straight down and don’t recover going into the weekend. I prefer to see the spike down and spend the day recovering to make a bottom.

Pretty convenient that we haven’t been able to see the COT data during this down move.

Silver in trouble early yet again in the overnights. Scum not letting us up for air.

Spy Balloon

Posted by Maya @ 2:34 on February 24, 2023  

The DoD had a U2 spy plane follow and photograph the balloon across the US.  Today they released a photo of it.  That’s a lot of solar power for a ‘weather observer’.  I’m sure the US was listening for ‘Signals Intelligence’ from the thing, also

 

Gold Train

Posted by Maya @ 0:24 on February 24, 2023  

Simply magnificent, simply Santa Fe
https://railpictures.net/photo/808785/

 

Buygold that GORO CEO got his cut first after he pointed the fingers at the previous management

Posted by overton @ 22:08 on February 23, 2023  
Post by GoldfingerU3O8on Feb 23, 2023 10:46am
43 Views

Post# 35300705

Goro on a 10 year low – Kick out Management

Did anybody by chance had the chance to see how the management is cashing in?

https://www1.salary.com/GOLD-RESOURCE-CORP-Executive-Salaries.html

According to this Website Allen Palmiere received nearly 1.6 Mio. Included was a bonus of 270 K. Why is he getting so much money? For running down the company?
Palmiere and 4 of his “Management” guys received nearly 3 Mio Dollar.
These guy suspended the Dividend of the share holders – nearly 3.5 Mio.

The share holders – who gave the company the money to build up this business – are now getting nothing. No dividend, nada.

From their March 10 News release:
“For the year ended December 31, 2021, we reported net income of $8.0 million with revenue of $125.2 million”
Palmiere’s compensation was nearly 20% of the 2021 income. And nearly 1.3% of the revenue.

Am I the only who thinks that this compensation is completely out of whack?

Maddog @ 14:49

Posted by ipso facto @ 20:34 on February 23, 2023  

I’m looking forward to it! Though in the end how much are they actually gonna pay?

Mad Mad World

Posted by commish @ 19:36 on February 23, 2023  

ipso facto

Posted by Maddog @ 14:49 on February 23, 2023  

Re Sam…will the politicians have to pay the money back…if so that shud be fun….

Stick it to em!

Posted by ipso facto @ 10:20 on February 23, 2023  

Sam Bankman-Fried Charged With Conspiracy To Make Unlawful Political Donations, Defraud Federal Election Commission

Disgraced FTX founder Sam Bankman-Fried was charged on Thursday with 12 new counts, including illegally making over 300 political contributions to the tune of tens of millions of dollars through straw donors and using corporate funds.

“Bankman-Fried’s use of straw donors allowed him to evade contribution limits on individual donations to candidates to whom he had already donated,” reads the indictment, which adds that the “fraudulent conduct” impaired the FEC’s functioning.

https://www.zerohedge.com/political/sam-bankman-fried-charged-conspiracy-make-unlawful-political-donations-defraud-federal

Not worth it …

Posted by ipso facto @ 10:00 on February 23, 2023  

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