First Majestic is a producer. They sell some of their production as coins … with a hefty premium … smart move!
Ipso
It wil likely follow the producers in sympathy when silver moves up. Even when silver moving up they had very little silver coins from said mine they were selling for some reason.
ipso
If you are accumulating silver in size, you would not want much production because it could accommodate demand when that time comes. Rather you would want your supply to meet demand knowing the long period to get a mine up and running.
aurum
goldielocks
AG will likely be a wild upward performer if the price of silver gets a boost. They’re having a tough time making money now with silver so low … like a lot of other producers.
You’d think the riggers would at least let the silver price go high enough so that the miners could make a profit. The supply of silver in the future will be constrained. What miner wants to expand when the can’t make money at it.
Ipso
Look at this, even directional signals are delayed. “ Or messed up” I had to tweak the Sto to speed it up not that I’m the stock. Crazy
Ipso
Scanning pm stocks signals look as mixed up as his brain. Almost.
Some of them like forgotten Ag is like you got to be kidding me with high signals like 5 cents where others, not pm’s right now particularly would be in the dineros.I sensed that guy found a new project with snow and left it for dead but now wonder why.
goldielocks @ 13:47 re: Biden
I’m just waiting to see what other truths will seep out of his addled brain!
Ipso 9:06
Too bad there wasn’t anything like veritas there to ask him what he sold and when.
Copper. China wants to buy it up. What ever we do here and with all the Chinese spy’s which they make it easy for them they just follow along and copy. Then news celebrates it instead of oh here they come again. then sabotage us or try to get it outsourced to them. Me got good deals.. taxes cheaper.. workers get Chinese money, much cheaper for you. You come here. Me give you good deal. Then me sabotage you and see across the street? Chinese copy sell in Chinese now. CCP get Biden to help us Chinese. You can go now, make more things Chinese can take from you when you and your government will help. Me want to be first, you can do all the work we copy. Now we want your land, your government will help Chinese. We give them good deal.
But they distract us with Russia .
The bullshit just never ends does it?
USD still down, no clue what rates are doing but who effing cares?
PM’s bait us every effing morning before they are dumped on their heads. Never an effing bottom.
Bitcoin up again
Ororeef @ 10:04 on
Germany has several excellent nuclear power plants … which they are in the process of shutting down … because supposedly they are not green enough.
Societal suicide!
Are we in the wrong market?
‘Billionaire miner Robert Friedland warns of a copper supply ’train wreck’
Copper is poised to follow other commodities upended by recent price surges
“My fear is that when push finally comes to shove” copper can go up 10 times’ https://t.co/IDSzdLUzwH
— Willem Middelkoop (@wmiddelkoop) June 26, 2023
Stop the Stupidity !
France knows how to use Nuclear Power safely,so why are most of them shut down ? Germany has no oil or gas ,so why arent they using Nuclear ? I think they are smart enough to do it safely ! Why arent they doing it ?
All this fighting in Ukraine wouldent be necessary if Germany had Nuclear. The US wouldent be bombing Pipelines and selling the Germans expensive US LNG. Each country could deversify its energy and eliminate the POLITICAL bullshit .The diversity could lessen the dependence on Russian energy…NO one is going to bomb Nuclear facility in Germany or France …Who are these idiots that shut down France Nuclear ?Who are these idiots that stop Germany from developing Nuclear ? Both Countrys are sophisticated enough and have Good engineers to do it safely.I wouldent trust other places with developing Nuclear because of BOMB threats by Political activists ..These two could do it and do it safely ,that would free up other energy sources to places with bigger risks. Whats lacking is the Political will to control small groups of trouble makers..its all political bullshit.Theres NO Political leadership in either France or Germany thats the problem.. theyre all Socialists thats their problem .The US should stay out of it ,let them freeze until they get some better leadership..Reduce their dependence on Russia and the War will end..Stupid is as Stupid does …
Hilarious!
The films contributing to the losses include “Lightyear,” “Thor: Love and Thunder,” “Strange World,” “Black Panther: Wakanda Forever,” “Ant-Man and the Wasp: Quantumania,” “The Little Mermaid,” and “Elemental.”
The eight films cost roughly $2.75 billion to produce but only… pic.twitter.com/nbR8qi5Tiz
— Wall Street Silver (@WallStreetSilv) June 26, 2023
Well shux
maybe $1930 will fall after all? We’re right back there…
goldielocks @ 3:00
Looks like the truth is dribbling out of Joe’s mouth just like his spittle!
Surface Access and Core Storage Facilities Secured for the Sandra Silver-Gold Project in Northwestern Durango State, Mexico
https://finance.yahoo.com/news/surface-access-core-storage-facilities-130000028.html
Kinross announces US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024
https://finance.yahoo.com/news/kinross-announces-us-500-million-234100823.html
Benchmark Mobilizes Crews in Preparation for Resource Expansion Drilling and Work Program
https://finance.yahoo.com/news/benchmark-mobilizes-crews-preparation-expansion-130000948.html
SITKA EXPANDS MINERALIZED GOLD CORRIDOR HOSTING THE BLACKJACK AND EIGER GOLD DEPOSITS TO OVER 5 KM AT ITS RC GOLD PROJECT, YUKON
https://finance.yahoo.com/news/sitka-expands-mineralized-gold-corridor-160200308.html
i-80 Gold Receives Approval to Begin Drilling in the Hilltop Corridor at Ruby Hill
https://finance.yahoo.com/news/80-gold-receives-approval-begin-100000941.html
Kenorland Announces Grassroots Discovery of Intrusion-Related Gold System at the Chebistuan Project, Quebec
https://ceo.ca/@newsfile/kenorland-announces-grassroots-discovery-of-intrusion-related
Golden Minerals Announces US$2.1 Million Registered Direct Offering
https://ceo.ca/@businesswire/golden-minerals-announces-us21-million-registered
Murchison Minerals Announces 2023 Exploration Plans
https://ceo.ca/@accesswire/murchison-minerals-announces-2023-exploration-plans
Northern Shield Identifies New Area of Mineralization at Root & Cellar Gold-Copper-Tellurium Project, Newfoundland
https://ceo.ca/@newswire/northern-shield-identifies-new-area-of-mineralization
Lahontan Drills 38.1 metres Grading 0.89 g/t Au Eq and 82.3 metres Grading 0.70 g/t Au Eq Oxide at Santa Fe
Treasury Metals Announces Additional Exploration Results at Fold Nose Target and Update on Summer Field Program
https://ceo.ca/@newswire/treasury-metals-announces-additional-exploration-results
Sun Summit Commences Property-Wide Exploration Program Focused on Advancing Multiple Precious Metals Targets at the Buck Project
https://ceo.ca/@newsfile/sun-summit-commences-property-wide-exploration-program
Osisko Development Reports Underground Sampling Results at Trixie, Tintic Project
https://ceo.ca/@globenewswire/osisko-development-reports-underground-sampling-results-41b22
Golden Arrow Reports Additional Drill Results including 19m of 0.49% Cu, 0.19 g/t Au & 575 g/t Co at San Pietro Project, Chile
https://ceo.ca/@newswire/golden-arrow-reports-additional-drill-results-including
Outcrop Silver Generates New High-Grade Target and Resumes Drilling at Santa Ana
https://ceo.ca/@newswire/outcrop-silver-generates-new-high-grade-target-and
GFG Drills 9.97 g/t Gold over 8.1 Metres at its Montclerg Gold Project Located in the Timmins Gold District: Extending High-Grade Gold Mineralization at the MC Central Zone and Outlining New Gold Mineralization 1 km to the East
https://ceo.ca/@globenewswire/gfg-drills-997-gt-gold-over-81-metres-at-its-montclerg
Collective Mining Drills 792.25 Metres at 1.71 g/t Gold Equivalent from Surface for the Largest Grade Accumulation Intercepted to Date at the Apollo Porphyry System
https://ceo.ca/@newswire/collective-mining-drills-79225-metres-at-171-gt
QC Copper and Gold Earns 100% Ownership of Opemiska
https://ceo.ca/@newsfile/qc-copper-and-gold-earns-100-ownership-of-opemiska
O3 Mining Provides Update On The Marban Project In The Val-d’Or-Malartic Region
https://ceo.ca/@newswire/o3-mining-provides-update-on-the-marban-project-in
SolGold PLC Announces Block Listing Application
https://ceo.ca/@accesswire/solgold-plc-announces-block-listing-application
Centamin PLC Announces Positive Doropo Gold Project Pre-feasibility Study
https://ceo.ca/@accesswire/centamin-plc-announces-positive-doropo-gold-project
Gatos Silver Completes 2021 and 2022 Securities Filings and Announces Date for 2023 Annual Stockholders’ Meeting
https://ceo.ca/@globenewswire/gatos-silver-completes-2021-and-2022-securities-filings
Wallbridge Mining Delivers Positive Preliminary Economic Assessment for the Fenelon Gold Project in Quebec
https://ceo.ca/@globenewswire/wallbridge-mining-delivers-positive-preliminary-economic
Dundee Corporation Announces Acquisition of Units of Bulgold Inc.
https://ceo.ca/@globenewswire/dundee-corporation-announces-acquisition-of-units-of-d8fb5
SUPERIOR GOLD ANNOUNCES SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT WITH CATALYST METALS
https://ceo.ca/@newswire/superior-gold-announces-shareholders-approve-plan-of
There they are
beating us back down. We probably won’t be positive by the time the SM opens.
So much fun!
$1930 breached and then beaten back
obvious resistance now.
USD starting to slip, rates too.
and the metals are paying a little bit of attention.
Still, we have to overcome Maddogs’ Aden target of $1930 which of course is now most likely stiff resistance.
Nevertheless, we’re doing OK this am an hour before the slipping SM opens. We’ll see how it goes.
0615 EST – on the fence
Metals are sort of flat although silver is up almost 1/2%. USD is down a bit, 10 yr is up a couple bips, and oil is down over 1.5%.
SM is trying to reassert itself, as AI and NVDA are up this am. I’m not sure they’ll be able to rally the Nasdaq, but maybe.
Looks like my theory about Putin/Prigozhin has been noticed by others, noted in maddog’s post. I also was at the gym where Lisa Boothe on FOX, said basically the same thing except where I said Prigozhin would lead troops from Belarus.
Do we live in the Matrix?
Biden
Admitting he sold a lot of state secrets.
@ 1:02 minutes
Is Putin playing the West like a violin.
Did You Know Vladimir Putin Is a Ruthless Killer of His Political Foes? Except Prigozhin – Why Is That?
Still seeing a huge spread (about 5%) between bid and ask for palladium
…based on the lows of the day.
Since Russia is the primary producer , looks like Putin is telling the paper markets ( Wall Street) they are not selling at the rigged prices .
Maybe if the PM mining CEO’s did the same….?
Yeah Ipso
Half hour left and it doesn’t look like we have much juice to close the day. AG is actually working today for the first time in months.
Weird, some stuff like NEM is doing OK, but AEM is down a little and never got traction at all today. Plenty of others like AGI suck too.
I see they’ve brought the DOW back but still the AI leadership in the Nasdaq is fading. This could be the summer doldrums, but somehow I think the SM is in trouble.