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

Doesn’t want to look back at old round numbers it has already passed. I love that we haven’t had any real round number battles since $2400. Just a steady march higher.

NEM largely responsible for most of the losses in the HUI. Does it have to rebuild or does it snap back?

Seems like an overreaction to me.

Multiple years of ass kickings will do that to you

https://x.com/BehizyTweets/status/1849222273045082314?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1849222273045082314|twgr^b7e9db501e2f8c28848e8df55c496c40bee73f04|twcon^s1_&ref_url=https%3A%2F%2Fredstate.com%2Fbobhoge%2F2024%2F10%2F24%2Ftucker-carlson-absolutely-slams-it-out-of-the-park-with-epic-rant-against-kamala-creepy-liz-cheney-n2180993

Ipso- yes, I see that it was aurum. AG at last count was sitting on about 700K oz. So they’ve played that well. With the smelting and coin making ability they’ll take advantage of the premiums. They look smart at the moment. Time will tell.

aurum – yes, sorry and thank you for the NEM numbers. Someone just looking for an opportunity to beat them down. They’ll bounce back I think.

$AG #FirstMajesticSilver is a leverage play on the price of Silver. Here is a plausible scenario I can see how $AG could respond to an increase to Silver.

*This is a hypothetical exercise*
*Do your own research and estimates*
*Not Investment Advice*

https://x.com/UnstuckUrCareer/status/1848750140137365860

“Tough game for the miners”

You got that right! Nice metals gain today and the shares look like crappola!

PS You might have been addressing aurum?

seems all in cost was $ 1611…….and the Zacks consensus was 0.83 cents for EPS…so a miss of .02 and that gets a 7 % hammering……lamposts are far too quick….we need to get medieval on theses SoB’s….a week on the Rack, before a Rat helmet….should concentrate minds….!!!!!

https://www.zacks.com/stock/news/2356494/newmonts-earnings-miss-revenues-surpass-estimates-in-q3?cid=CS-MKTWTCH-HL-analyst_blog|earnings_article-2356494&mod=mw_quote_news

Thanks for the numbers.

Tough game for those miners.

Shares are sketchy to start, makes me wonder about the strength in the metals holding up.

The NEM earnings were a little strange. One of the mines under produced, but overall they increased production? Did I read that right?

If they over produced, why weren’t they able to beat estimates? Regardless, probably games by the analysts to undermine the sector. Either that or to pick up shares cheaper as they build their positions.

Expect Palladium to run now the US is talking about sanctioning Russian Palladium … 40% of world’s production comes from Russia

https://x.com/wmiddelkoop/status/1849389614370300264

The Details: Newmont (NEM.NaE) reported quarterly GAAP earnings of 76 cents per share and quarterly revenue of $4.605 billion which beat the consensus estimate of $4.568 billion.

• The company produced 1.7 million attributable gold ounces, primarily driven by the production of 1.4 million gold ounces from Newmont’s Tier 1 portfolio, as well as 430 thousand gold equivalent ounces (GEOs) from copper, silver, zinc and lead, including 37 thousand tonnes of copper.
• Gold AISC per ounce increased 3% to $1,611 per ounce compared to the prior quarter primarily due to higher CAS.
• Average realized gold price was $2,518, an increase of $171 per ounce over the prior quarter.

Benzinga

Slovakia’s Covid Investigation Commissioner Report Seeks To Ban mRNA Vaccines – Says World Population Is “Naive & Subconsciously Obedient”

because EPS missed by 5 ticks…0.81 vs 0.86…….knowing what we know about how fall st is all in on the Rig…what are the bets that Analysts are deliberately calling the numbers high to ‘manufacture’ fails such as this NEM one…….

https://www.gurufocus.com/news/2565050/newmonts-nem-quarterly-profit-soars-amid-rising-gold-prices

” “A few more days like this…and the Democratic bedwetting will reach epic proportions.”

‘Startling’: GOP Early-Voting Turnout In Nevada Amazes Veteran Observer, Alarms Dems

https://www.zerohedge.com/political/startling-gop-early-voting-turnout-nevada-amazes-veteran-observer-alarms-dems

Probably the weekly jobless claims beat as they do every week now, giving the dollar a little life. Rates were down over 3 bips, now down only 1. 10 yr. back to 4.21%.

Crimex doing a good job of keeping silver at bay, gold to a lesser extent. Aladdin in there helping to bounce the GLD and SLV bids all over the map. The scum is being very attentive this am.

Shares seem tentative. Probably rocked by the horror of NEM’s earnings. I’m having a hard time finding the avg. sale price of an oz. of gold for NEM. Would like to know that. AISC went up to $1611 from $1429 last year, pretty big jump.

It’s like magic!

Good analysis, it all sounds reasonable to me.

Cheers

Orezone Provides Hard Rock Expansion Update for Its Bomboré Gold Mine

https://ceo.ca/@globenewswire/orezone-provides-hard-rock-expansion-update-for-its

Silver X Announces Steady Production Increase During Third Quarter of 2024 and Board Change

https://ceo.ca/@accesswire/silver-x-announces-steady-production-increase-during

SCOTTIE RESOURCES INTERCEPTS 8.78 G/T GOLD OVER 9.00 M AND 12.2 G/T OVER 3.47 M AT BLUEBERRY CONTACT ZONE

https://ceo.ca/@newswire/scottie-resources-intercepts-878-gt-gold-over-900

Expands Known Mineralization at Columba Project, Chihuahua, Mexico: Four Drill Holes Report Highs to 2,370 gpt Silver and 6.7% Lead-Zinc

https://ceo.ca/@newswire/expands-known-mineralization-at-columba-project-chihuahua

Labrador Gold Announces Results of Summer Field Work at the Hopedale Project Including 32.32g/t Au at The North End of the 3km Thurber Gold Trend

https://ceo.ca/@globenewswire/labrador-gold-announces-results-of-summer-field-work

Abcourt Intersects 10.4 g/t Gold over 12 Metres in Channel on the New Stripping carried out in the Cartwright Area of the Flordin Project

https://ceo.ca/@globenewswire/abcourt-intersects-104-gt-gold-over-12-metres-in

VR Resources Confirms Gold in Porphyry Intrusion Cutting Nickel Sulfide Mineralization at Silverback Project in Ontario

https://ceo.ca/@globenewswire/vr-resources-confirms-gold-in-porphyry-intrusion-cutting

Guanajuato Silver Confirms Details of Private Placement Financing

https://ceo.ca/@accesswire/guanajuato-silver-confirms-details-of-private-placement

Fury Completes 2024 Exploration Program at Committee Bay; Defines 3 Drill Ready Shear Zone Hosted Targets

https://ceo.ca/@accesswire/fury-completes-2024-exploration-program-at-committee

Santacruz Silver Produces 4,644,013 Silver Equivalent Ounces in Q3 2024

https://ceo.ca/@newswire/santacruz-silver-produces-4644013-silver-equivalent

KCA Confirms Commitment to Xali Gold’s El Oro Tailings Project

https://ceo.ca/@globenewswire/kca-confirms-commitment-to-xali-golds-el-oro-tailings

NEW FOUND INTERCEPTS 105 G/T AU OVER 2.10M & 10.4 G/T AU OVER 4.45M AT “PISTACHIO” ZONE AT KINGSWAY, HITS 36.7 G/T AU OVER 2M AT JACKPOT

https://ceo.ca/@newswire/new-found-intercepts-105-gt-au-over-210m-104-gt

TRX Gold Announces Best Drill Hole Result In History Of Buckreef Gold

https://ceo.ca/@globenewswire/trx-gold-announces-best-drill-hole-result-in-history

Scorpio Gold Drills 6.08 Grams per Tonne Gold over 9.4 Metres at the Consolidated Manhattan District

https://ceo.ca/@newsfile/scorpio-gold-drills-608-grams-per-tonne-gold-over

SOMA GOLD ANNOUNCES CHANNEL SAMPLE RESULTS OF 1m @ 29.83 g/t AU FROM THE COLOSSA MINE ON THE MACHUCA PROJECT, ANTIOQUIA, COLOMBIA

https://ceo.ca/@newswire/soma-gold-announces-channel-sample-results-of-1m

Successful Completion of 2024 Exploration Field Season

https://ceo.ca/@globenewswire/successful-completion-of-2024-exploration-field-season

Canadian GoldCamps Amends Definitive Agreement to Acquire 70% interest in Murphy Lake Property located in the Athabasca Basin, Saskatchewan

https://ceo.ca/@thenewswire/canadian-goldcamps-amends-definitive-agreement-to-acquire

Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Montage Gold’s Koné Gold Project

https://ceo.ca/@newswire/wheaton-precious-metals-announces-the-acquisition-of-2677c

MONTAGE GOLD SECURES US$825 MILLION FINANCING PACKAGE FOR THE CONSTRUCTION OF ITS KONÉ PROJECT IN CÔTE D’IVOIRE

https://ceo.ca/@newswire/montage-gold-secures-us825-million-financing-package

Gold Resource Corporation Announces Preliminary Third Quarter and Year-to-Date Results

https://ceo.ca/@businesswire/gold-resource-corporation-announces-preliminary-third-557c6

Bullet Exploration Files Information Circular in Connection with Proposed Amalgamation With Gold79 Mines Ltd.

https://ceo.ca/@newsfile/bullet-exploration-files-information-circular-in-connection

Nevada King Announces Private Placement Offering of up to $10-Million of Common Shares

https://ceo.ca/@globenewswire/nevada-king-announces-private-placement-offering-of

Vista Gold Corp. Announces Third Quarter 2024 Financial Results

https://ceo.ca/@businesswire/vista-gold-corp-announces-third-quarter-2024-financial

Gold Royalty Announces Strong Quarterly Revenue Growth and Record Revenues for the First Nine Months of 2024

https://ceo.ca/@newswire/gold-royalty-announces-strong-quarterly-revenue-growth

Osisko Development Announces US$50 Million Marketed Private Placement of Units

https://ceo.ca/@globenewswire/osisko-development-announces-us50-million-marketed-82921

Newmont Reports Third Quarter 2024 Results

https://ceo.ca/@businesswire/newmont-reports-third-quarter-2024-results

NexGold and Signal Gold Announce Oversubscription and Upsizing of Concurrent Financing up to a Total of $17 million

https://ceo.ca/@accesswire/nexgold-and-signal-gold-announce-oversubscription-and

Granada to Continue In-Fill Deep Drill Program to Test High-Grade Gold Results of 107.9 g/t Over 4 Meters

https://ceo.ca/@globenewswire/granada-to-continue-in-fill-deep-drill-program-to-test

Fairchild Gold Corp. Announces Significant Expansion of Its Land Position at Its Historic Copper Chief High-Grade Copper and Gold Mining Camp in Nevada

https://ceo.ca/@newsfile/fairchild-gold-corp-announces-significant-expansion

Arizona Gold&Silver Achieves +90% Gold Extraction by Agitation Leach and 61%-73% Extraction by Column Leaching at the Philadelphia Gold-Silver Project, Arizona

https://ceo.ca/@thenewswire/arizona-goldsilver-achieves-90-gold-extraction-by

Novo Resources Corp. – September Quarterly Update

https://ceo.ca/@globenewswire/novo-resources-corp-september-quarterly-update

South Atlantic Provides Update and Permits Status on Pedra Branca Project

https://ceo.ca/@thenewswire/south-atlantic-provides-update-and-permits-status-on

Disposition of Securities of Guyana Goldstrike Inc.

https://ceo.ca/@newswire/disposition-of-securities-of-guyana-goldstrike-inc

Sky Gold Drill Permits Approved for the Evening Star Copper-Gold Porphyry Project Located in Mineral County, Nevada

https://ceo.ca/@accesswire/sky-gold-drill-permits-approved-for-the-evening-star

Orestone Las Burras Project Overview and Exploration Plans

https://ceo.ca/@newsfile/orestone-las-burras-project-overview-and-exploration

Ashley Gold samples up to 5.8 g/t Au at new Tabor-Sakoose Claims and announces Financing

https://ceo.ca/@thenewswire/ashley-gold-samples-up-to-58-gt-au-at-new-tabor-sakoose

South Pacific Metals Announces Osena Gold-Copper Project Land Package Expansion Bordering K92 Mining Operations in Papua New Guinea

https://ceo.ca/@newsfile/south-pacific-metals-announces-osena-gold-copper-project

I’ve never understood it. Why does everything have to trade in dollars? India wants to buy oil from Russia, why doesn’t India just pay in Rupees; or gold? Or Yuan, or Yen, Lek, glass beads, Yap stones or whatever Russia wants? Why has it taken sanctions against Russia to force normal trading to occur, I don’t know. When we went on holiday to Europe, Dad didn’t insist that the Belgians, Luxembourgeouis, Germans, Austrians, Swiss, Italians, French and Spanish all accept pounds. No, he bought Belgian Francs, Luxembourg francs, Marks and Pfennigs, Schillings etc. etc. It wasn’t difficult, even in the sixties.

Yes, just looked at Palladium now up 8.6%. Amazing. Would like to see moves like that in the gold and silver markets as well.

Correct me if I’m wrong but Palladium is down all the way from $3K at one point? Wonder if it makes sense to pick up a few oz. of that as well?

Will be interesting to see what comes out of the BRICS today when the conference ends. I guess they could throw palladium in there as part of the basket. I understood from earlier articles that gold would be a 60% anchor. They could throw silver, palladium and platinum in there as part of a basket. I’d think whatever else is in the basket has to be a hard asset. I don’t really see how oil or grains could be involved, I don’t know.

I also don’t see how western fiat survives once the BRICS currency is implemented, especially with so many western allies looking to participate. India and Saudi Arabia will no longer have a need for dollars. This has always been the risk of shifting our manufacturing east. We have to produce things here in the US to survive and should anyway because we are resource rich. This is a death knell for the elites and their unbacked Ponzi currencies, whether paper or CBDC. I’m afraid that they are so demonic, that they will start lobbing nukes as a final resort to protect their hegemony.

Regardless, it’s nice to see our metals snap back this am. The fresh Crimex shorts will be in trouble right out of the gates this am. I believe the shares, with the exception of NEM, will probably soar even more than they lost yesterday.

Morning Buygold…..what correction…have you seen Palladium …plus 7.2 % already….and Platinum is plus near 2 %….!!!!!!

Looks like something might come out from Brics concerning them…..after all Russia is the largest Pall producer and has plenty of Plat….they have both suffered a huge bear and the Algo’s are gonna be well short……a target rich environment if you run Brics and have it in for certain types…this could get explosive !!!!!

The Chinese may have decided to invade London and take advantage of their sale prices on pm’s

Just off the highs of the overnights now, but gold has regained almost 2/3rd’s of yesterday’s losses, and silver almost half.

The dollar is backing off a bit and the 10 yr. is down just over 3 bips. About time for at least a small break for those two.

Long way until the Crimex open, but we could be looking at the shortest pm correction in history.

But we keep moving regardless…onwards as Winedoc says

The Desert Wind heads for Las Vegas
https://railpictures.net/photo/851784/