Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm in this morning -
This has much lower float than the rest that I'm looking at.. potential here is Explosive..imo.. AG looks Great to..imo
Federal Reserve statement and fiscal stimulus negotiations guide market action
https://www.kitco.com/commentaries/2020-12-16/Federal-Reserve-statement-and-fiscal-stimulus-negotiations-guide-market-action.html
Nice rebound today. Maybe a bottom is in.
Usually comes around and resets. Looking good!
weird that AGQ is up less than silver right now ...
Looks like we are moving AGQ
Just took a large position big bounce coming this weekend on metals news.
Got back in here. Silver is due for a bounce. If it continues to go down, it's pretty much done--broken.
I've heard that word used a lot in conjunction with precious metals.
'Should.'
$AGQ Mark O'Byrne: Silver Should be 10x Higher
Gold, silver, and the Fed moving the goal posts
https://www.kitco.com/commentaries/2020-08-28/Gold-silver-and-the-Fed-moving-the-goal-posts.html
Loaded up in the low $50s on the dip. Doing OK now. AGQ does better than individual silver miners.
Any fund controlled by banks - I am scared for to have any savings in -
what's your opinion - all opinions appreciated -
thanks in advance -
E.g.,
Great Minds: Ellen Brown - Did You Know Banks Can Take Your Money in A Crisis? VIDEO
This is Our Money!!! A Must Watch ...
https://www.youtube.com/watch?v=eSRPvMxIAb0&feature=youtu.be
good message - by Shermann
I feel safer in the Hardrock safety ) -
Great Panther Silver, Ltd. (GPL)(GPR)
There is no way you can compare Great Panther Mining to the old commpany
Great Panther Silver.
In the 2011 run GP was a silver producer and yes it did run hard
to 4 dollars plus.
They are now primarily a gold producer with a smaller silver segment
of roughly 15 percent to cash flow.
The issue here was taking over a mine that was not profitable for
the previous owners.
They have been working hard to turn it around and lower costs.
We have seen some of this in the last quarter.
Additionally the previous compnay did not have cash to further explore
and drill resouces out.
That is why the resouces are so low on the gold property at the moment.
They own a good size property with some exploration showing more gold
that was not defined.
In time I hope these showing will be proven out and resources will
grow.
Additionally since Nixon closed the gold conversion of the US dollar to
gold bacy in 1972 the gold and silver prices have been heavily
manipulated by paper to keep them down.
Now for the first time the physical market is taking over and the banks
cannot contain the prices.
So finally we might see what the true value of gold and silver are.
Central banks have created to much money to justify these low prices
even at todays values.
We are entering a period similar to the 1970's once again.
Stagflation that will see gold and silver move higher because of
physical demand and people wanting to protect themselves in a credit
monetry system.
by AngleEyes3
Great Panther Mining positioned to post strong 2020 after record net
income and operating cash flow in 2Q
The group put the strong results down to the strong rise in the gold
price and record output from its flagship Tucano mine in Brazil
At the Tucano mine alone, output was a record 35,421 ounces in the
quarter compared to 29,899 ounces in the same period last year
Great Panther Mining Limited -
At the Tucano mine alone, output was a record 35,421 ounces in the
quarter compared to 29,899 ounces in the same period last year
Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL),
the precious metals miner, posted a clutch of record numbers
in its second quarter financials, despite the challenges posed
by the coronavirus (COVID-19) pandemic, including
a net income compared to a loss in the same period last year.
The group put the strong results down to the strong rise in the gold
price and record output from its flagship Tucano mine in Brazil.
READ: Noble Capital says Great Panther Mining's 2Q production figures
highlight "solid performance" at Tucano
Net income for the three months to June 30 came in at
a record US$8.5 million compared to a loss of US$5.7 million for the
second quarter of 2019.
Mine operating earnings before non-cash items were
a record US$35.8 million, up 233% on the figure
of US$10.7 million a year ago.
Cash flow from operating activities came in at US$19.5 million, versus a
loss of US$5.5 million in 2Q, 2019.
Revenue for the three months was US$67 million versus US$45.2 million a
year ago, on consolidated gold production across all mines of
36,357 ounces (2Q 2019: 33, 461 ounces).
At Tucano alone, output was a record 35,421 ounces in the quarter
compared to 29,899 ounces in the same period last year.
"The combination of a strong rise in the gold price and record
production at our flagship Tucano mine, leading to a substantially
lower AISC, drove a significant increase in cash flow from operating
activities to a record $19.5 million for the second quarter of 2020,"
said Great Panther CEO Rob Henderson in a statement.
"This was an impressive result given the unprecedented challenges of
managing COVID-19."
The firm operates the Tucano mine in Brazil and
the Topia and
the Guanajuato Mine Complex (GMC) in Mexico
(where operations restarted in June).
Across the group, Great Panther expects to produce for full year 2020
between 146,000 and 158,000 gold equivalent ounces at all-in sustaining
costs (AISC) in the range of US$1,150 to US$1,250 per gold ounce sold
and is "well positioned" to deliver strong results.
"With the restart of the company's operations in Mexico in June, a
strong increase in the price of silver and new records for the gold
price since the end of the second quarter, Great Panther expects
continued strong cash-flow generation in the third quarter," it added.
As at the end of June, the miner held cash and equivalents of
US$60.2 million, an increase from
US$37 million at the end of 2019.
Shares added over 7% in New York to US$0.97.
---Updates for share price---
Contact the author at giles@proactiveinvestors.com
Quick facts: Great Panther Mining Limited
Price: 1.28 CAD
TSX:GPR
Great Panther Silver, Ltd. (GPL) / GPR | NYSE American GPL
g r e a t p a n t h e r. c o m July 2020
CORPORATE PRESENTATION
https://www.greatpanther.com/_resources/presentations/corporate-presentation.pdf?v=0.882
https://www.greatpanther.com
Gold & Silver bulls starting to break out > ^ > ^ > ^
A lot of people will be getting in on a silver pull back. Time for a breather anyway...
Silver futures up nicely. This should hold $50 tomorrow.
They’re all in cahoots.
$AGQ Forget about whether $100 Physical Silver Coins, Bars, Metals is possible — how about $1,000?
https://marketwatch.com/story/forget-whether-100-silver-is-possible-how-about-1000-2015-07-30
Agree, right place, right time.
Silver boom has started.
https://www.zerohedge.com/markets/silver-futures-spike-above-23-has-long-way-go
Silver's huge two-day move.
https://finviz.com/futures_charts.ashx?p=d1&t=SI
WILL IT LAST?
Stay tuned. Could be the most massive short covering event in history, or it could just be a bump in the road for the corrupt traders ruling the COMEX.
It will be very interesting to see what the silver shorters try next. Will they again collude and drive silver down several bucks in a few minutes? If they do, they could attract more attention from the agencies ostensibly designed to prevent such rigging--the SEC, the CFTC, and the FBI.
Time for these agencies to go to work against those massively corrupt entities at the top. For a change.
Got back on the AGQ horse about a week ago and I got lucky. Silver has broken out! AGQ flew up AH--is now in the $40s! Whoo hoo. Finally.
JPM is in hot water with their collusive shorting. Time for silver to punish THEM for a change.
AGQ to $100.
No brainer.
Brutal smack down of silver.
Forget him., use the chart
This guy is pessimistic. Is that what I meant?
only USLV actually
I got loaded up with many miners and option calls. If it keeps going up, it will be great, and it seems like it will happen. Great things ahead of us. What did you buy last 3 months?
Yes do you have any chart?
Miners have had crazy run so far.
Maybe one more plunge, but this has to be the time the bull gets even on the bears
Any fund controlled by banks - I am scared for to have any savings in -
what's your opinion - all opinions appreciated -
thanks in advance -
E.g.,
Great Minds: Ellen Brown - Did You Know Banks Can Take Your Money in A Crisis? VIDEO
This is Our Money!!! A Must Watch ...
Today makes an interesting candle...
That's not today unless one considers this a buying opportunity only
Someday.... some day... this will have its' day... AGQ
It's hard to predict the bottom....and this is already giving up the early morning gains.
This double bottom predicted it.. I wish I had.
Everyone should be watching for a bottom to be established. I really doubt they can push silver below $15.
sooooooo, why the RS early this year???? lol!
Yes.. but bought a little in the low $60s.. thinking about buying more.. but will see..
I really truly hope you did this: Out at $74.23
Now repeat time, lol
Followers
|
66
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2220
|
Created
|
07/09/09
|
Type
|
Free
|
Moderators |
(notice: Nov, 4th 2010 went above the resistance line - close at 118.49) (F/S price 59.25)
ProShares Ultra Silver (the Fund) seeks to provide daily investment results that correspond to twice (200%) the daily performance as measured by the United States dollar fixing price for delivery in London. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective. The benchmark price of silver will be the United States dollar price of silver bullion as measured by the London fixing price per troy ounce of unallocated silver bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery. The Fund's investment advisor is ProShare Advisors LLC.
FACT SHEET:
http://www.proshares.com/media/documents/ProSharesFactSheetAGQ.pdf
Daily Holdings:
http://www.proshares.com/funds/agq_daily_holdings.html
How AGQ works!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60137288
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |