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#ALTPF:..."SILVER"...GETTING REAL CLOSE NOW... 0.24
$23.50 SILVER 08-14-2021
http://www.kitcosilver.com/
http://www.kitco.com/images/live/silver.gif
Bottoms Up Apes! The funs about to begin!!
"The Sunday open price smash was so clearly criminal that the banks can only pull that trick once a decade or so (remember the 2011 silver bull market weekend assassination)"....
https://new.reddit.com/r/Wallstreetsilver/comments/p49ok3/the_silver_bottom_is_in_now_for_the_fun_part/
Ted Butler wrote a nice article after the Sunday drive by shooting of silver and gold by the Comex criminals.
https://silverseek.com/article/bad-ugly-and-good
After ripping the bankster and CFTC criminals he talked about why he is so bullish moving forward. The biggest reason was that the short position of the 4 and 8 largest traders on the Comex was at multi year lows. He expected that trader commitment report after the Sunday Comex crime spree would result in a major additional reduction in the bankster short position. Strong silver rises are almost always preceded by large reductions in bankster shorts (surprise surprise).
https://www.cftc.gov/dea/futures/other_lf.htm
The CFTC report is out and as predicted they was a large reduction in the short position of especially the top 4 shorts.
The bankster criminals have pushed the silver price down since the silver squeeze began with the intention of reducing their short position by squeezing the leveraged technical funds out. Already at multi year lows the top 4 bankster shorts reduced their short position by a huge 15% in one week.
The relentless price reduction that the banks engineered to reduce their short position was in the face of a massive increase in physical investment demand created by the WSS silver squeeze movement and the most silver bullish macro economic conditions imaginable.
The source of silver to meet the huge increase in physical demand could only come from one place the bankster vaults. The banks have been bleeding silver this whole time since the silver squeeze started. They already proved they lie about their inventory in the LBMA.
The silver smash Friday the 6th resulted in silver backwardation between the London physical price and the September Comex contract. This backwardation lasted all week until the Friday pop in price yesterday.
Backwardation is very unusual indicating serious stress in the market. Strong demand especially in the London physical market after criminal comex price smashes suggests that there is no room for a repeat of the bankster smashing tricks at least anywhere near these prices.
The Sunday open price smash was so clearly criminal that the banks can only pull that trick once a decade or so (remember the 2011 silver bull market weekend assassination) .
Despite the top 4 banksters reducing their open interest by over 7 thousand contracts total open interest went up by almost 8 thousand contracts. On the short side the idiot tech funds opened over 9,000 new short positions. The idiot tech funds will add fuel to the fire as they will be forced to cover as the price of silver rises!
The banks have spent months since the squeeze started reducing their short position on the Comex. Why would they be reducing their short position if silver was plentiful. Why would they slam silver at the least liquid time of the week when there was no one at the trading desks. They know that the price of silver has to rise to stop from bleeding out all their silver. Butler thinks they will be very reluctant to add to their short positions going forward. He even believes they may continue to try to cover, buy, more contracts on the coming price reversal.
After the Tuesday trader commitment report open interest went up by 3 thousand both Wednesday and Thursday. Those we the days that the Bureau of Lying Statistics released their fantasy CPI and PPI numbers. Despite an all time record high PPI on Thursday silver was smashed over .40 cents. The banks have to control the narrative to protect the dollar. Did banks add to shorts those couple of days? Maybe but on Fridays large rise of nearly 3% open interest dropped by almost 3000 contracts.
Normally open interest rises on large up days as the banks sell to cap the price rise. Since technically silver looks pretty ugly it is likely banks were actually the buyers on Friday. This is possibly confirmed by the end of the week long backwardation by Fridays close.
Going forward if the banks aren't willing to add to their Comex short position then the price has nowhere to go but to the moon!! as who else will be selling given the macro conditions and the extreme physical shortfall! Remember GME! The bankster can't possibly come close to covering as long as we keep stacking!
Bottoms Up Apes! The funs about to begin!!
https://preview.redd.it/2rco2mf4tbh71.jpg?width=350&format=pjpg&auto=webp&s=f2148bd3577a85834789d55b4a71cc568bc672df
#ALTPF: FINDING THE NEXT ZIP CODE CHANGER... 0.24
http://www.apnmetals.com/_resources/logo.png
https://twitter.com/AltiplanoMetals
https://twitter.com/AltiplanoMetals/status/1382058613347295235/video/1
https://www.stockscores.com/chart.asp?TickerSymbol=ALTPF&TimeRange=365&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen
NEWS! - Aug. 8, 2018
Altiplano Pursues Wider High Grade Zones and Increased Processing Capability at the Historic Farellon Cu-Au Mine
https://www.newswire.ca/news-releases/altiplano-pursues-wider-high-grade-zones-and-increased-processing-capability-at-the-historic-farellon-cu-au-mine-690331271.html
Read too at
http://www.stockhouse.com/companies/bullboard?symbol=altpf&postid=28425590
From explorer to commercial producer now very soon!
Revenues are already given. Almost no dilution.
For those who want to get rich (2 complete):
2.
The ingenious move of John Williamson:
He is looking for disused mines that were no longer economical at the time.
Nearby is a state mill that can handle enough.
He calculates. He only borrows as much money as he needs to:
to put together a good team,
to buy the most modern equipment and vehicles
and to be able to pay for everything else.
He has researched the mines and knows that with today's equipment mining is economical there.
And now the brilliant move:
In order to avoid a dilution of the share price, he has decided, at the same time as exploring, to bring material to the mill.
The mill pays for the weekly deliveries and thus the running costs for Altiplano.
This is allowed (bulk sampling) up to 5000 tons per month - only from the first hole.
The monthly deliveries are supposed to run.
The payment should be $ 80 per ton.
Revenue $ 320,000 monthly.
This will be done until the feasibility study is completed.
Then the deliveries can be increased.
The bulk sampling for the next hole should already be started.
Read this from 16.06.2017
three former mine projects in Peru with mining history
Production start within the first two known vein systems in just a few weeks ; immediate cash flow
9 known veins on each other so-called.
Minerals claim processing plant only about 15km away from the projects and to be able to process a present license , per so-called Minerals Claim, so far nine, per 5,000 tons of ore per month, consequently 45,000 tons per month production capacity - total capacity of the processing plant about 900,000 tons
Mine projects already all approved for dismantling
and much more here:
https://translate.google.de/translate?hl=de&sl=de&tl=en&u=https%3A%2F%2Fwww.wallstreet-online.de%2Fnachricht%2F9674135-unsinn-1-000-reale-chance-video-deckt-auf&sandbox=1
In the meantime, deliver two times 5,000 tons per month. The information should be made every day officially.
If you do not buy now, it's your own fault. You do not want to get rich! LOL
1.
The CEO of this company, the trained geologist John Williamson, was one of the founders of a company that was bought in 2016 for about $ 500 million (CDN).
The billion-dollar group Goldcorp bought the Canadian Kaminak with the now famous "coffee project" in the industry.
Since then, Williamson is more than committed to setting the next big hit.
http://www.stockhouse.com/companies/bullboard?symbol=altpf&postid=28365183
Read more at
http://www.stockhouse.com/companies/bullboard?symbol=altpf
Break even point probably reached: absolutely great !!
Read more at http://www.stockhouse.com/companies/bullboard?symbol=altpf&postid=28318318#Z4827VEad7uOrZUr.99
Break even point probably reached: absolutely great !!
Summary: great - great - great !!
The revenue for the sales should already cover all expenses.
And that already at the first project / mine.
The next projects / mines are already running.
News coming soon!
This company become now a producer!!26.06.2018
From now the mining rate should be at least 5,000 tons!
This company become now a producer.
"...
This company was, until recently, nothing more than a small explorer, but one of the most successful managers in the industry is now making it out of the box to become a producer.
..
Huge new discovery! After the outstanding success in recent months with the Farellon project in Chile, you can reach the first target size of 5,000 tons per month just when mining, there is just a "bang", with which probably no one would have expected. Altiplano Metals is currently announcing the biggest new discovery that could be made on Farellon so far and could boost the economy of this project once again. During the current exploration work, a second new area of mineralization has been discovered that indicates the potential for a porphyry-type deposit. This could change everything or put the Farellon project in a completely new light. We can only advise you to build a position in the stock of Altiplano Metals now - you have to act yourself as always!
...
On the first project - Farellon in Chile - everything is already going according to plan, as we have learned in the last days. The rate of degradation is expected to be at least 5,000 tonnes later this month. From now on, this size is the minimum that Altiplano Metals plans to dismantle and process on a monthly basis. ... "
https://inult.com/neuentdeckung-altiplano-06262018/
NEWS today
https://web.tmxmoney.com/article.php?newsid=7440494626644033&qm_symbol=APN
Altiplano reports evidence for a second stage of mineralization potential for porphyry-type discovery at Farellon
Canada NewsWire
EDMONTON, June 26, 2018
EDMONTON, June 26, 2018 /CNW/ - Altiplano Minerals Ltd. (APN: TSXV) (ALTPF: OTCQB) (9AJ1: GR) ("APN" or the "Company") is pleased to report evidence for a second stage of mineralization at the historic Farellon Copper Gold Mine ("Farellon") near La Serena, Chile.
CEO John Williamson stated, "We are excited to have discovered evidence suggesting the occurrence of a second stage of Cu mineralization at Farellon. Evidence for this new form of mineralization is indicated by chalcopyrite infilling microfractures in porphyritic andesitic dikes that crosscut the Farellon vein; weak potassic alteration observed in those dikes; and breccia fragments of the vein cemented by a mineralized magmatic rock observed in the NE395M level. In addition, non-linear magnetic anomalies identified with ground geophysics may indicate the presence of porphyry-type mineralization postdating the IOCG veins. This increases substantially the economic potential of the district. The Company will commence academic studies and additional fieldwork studies, including microscopic analysis of both mineralization and host rocks; trace elements and whole rock geochemistry; and radiogenic dating of magmatic rocks and mineralization, aimed at gaining a better understanding of the mineralizing processes within the district. Exploration for both IOCG veins and porphyry-type mineralization will continue at Farellon".
Surface and underground mapping have helped to elucidate the crosscutting relationships between different magmatic units and IOCG veins (Figure 1).
Figure 1. Schematic section showing crosscutting relationships between magmatic units and IOCG veins (CNW Group/Altiplano Metals Inc.)
The main IOCG veins are hosted by a diorite–granodiorite with phaneritic texture and less importantly, by a recrystalized andesite that shows a range of textures including magmatic breccia textures. The IOCG veins are crosscut by porphyritic andesitic dikes that occasionally show minor potassic alteration (shreddy biotite disseminated in the matrix) and dissemination of chalcopyrite controlled by fractures (Figures 1 and 2a). This evidence opens the potential to find porphyry-type copper mineralization overprinting IOCG veins within the Farellon and neighbouring properties. Non-linear magnetic anomalies roughly correlate with surface outcrops of porphyritic andesite and may indicate mineralization at depth. This assumption is supported by the fact that the Andacollo porphyry copper-gold deposit is located only 12 km southeast of the Farellon property. Additionally, the Farellon vein shows evidence of post-mineralization tectonic deformation and brecciation cemented by a magmatic rock (possible diorite) with dissemination of chalcopyrite (Figure 2b). This evidence is observed at the NE395M level where the vein expands up to 8 m wide and indicates that the widening of the vein was caused by geological processes post-dating the IOCG vein formation. Presently, APN has developed ~30 m within the wider zone with an average grade of 1.72 % Cu (Figure 3).
Figure 2. Photographs of hand samples taken from the 395M level. a) Sample of the porphyritic dike that crosscuts the Farellon vein, showing fracture-controlled dissemination of chalcopyrite and weak potassic alteration represented by shreddy biotite. b) Sample from the 8 m wide zone showing a fragment of the IOCG vein supported by a possible diorite with disseminated chalcopyrite. (CNW Group/Altiplano Metals Inc.)
Figure 3. Map of the NE395M level showing the wider zone and channel sampling results. (CNW Group/Altiplano Metals Inc.)
Osbaldo Zamora Vega, Ph.D, P.Geol., Vice President of Exploration for Altiplano, is the Qualified Person as defined in National Instrument 43-101 who has reviewed and approved the technical contents of this press release.
About Altiplano
Altiplano Metals Inc. (APN: TSX-V) is a mineral exploration company focused on evaluating and acquiring projects with significant potential for advancement from discovery through to production, in Canada and abroad. Management has a substantial record of success in capitalizing opportunity, overcoming challenges and building shareholder value. Additional information concerning Altiplano can be found on its website at www.apnmetals.com.
ON BEHALF OF THE BOARD
/s/ "John Williamson"
President and CEO
Tel: (780) 966-7014
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the (TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
SOURCE Altiplano Metals Inc.
View original content with multimedia: http://www.newswire.ca/en/releases/archive/June2018/26/c1730.html
Jeremy Yaseniuk, Director, jeremyy@apnmetals.com, Tel: (604) 773-1467Copyright CNW Group 2018
Altiplano Metals Inc, formerly Altiplano Minerals Ltd is a Canadian mineral resource company. It focuses on evaluating and acquiring exploration in Canada and abroad. The company owns an interest in Orogrande Property and Farellon and Maria Luisa.
www.altiplanominerals.com
https://www.otcmarkets.com/stock/ALTPF/profile
https://web.tmxmoney.com/news.php?qm_symbol=APN
First Post Here.
Will see if others join this board soon.
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