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.
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.
Is there a list of the public uranium co's that's fairly accurate and up to date? ....
Aprox. how many North American listed public uranium co's (explorers/developers/producers) do you think are out there?
Nice drill hits .....
There's no bottom to O'Brien with 1 oz/t grades all the way down. @RDSMining https://t.co/rLojn2zpRj
— Garrett Goggin, CFA & CMT (@GarrettGoggin) September 27, 2024
Tanzania orders Gold dealers to reserve 20% for purchase by central bank .....
https://www.mining.com/web/tanzania-orders-gold-dealers-to-reserve-20-for-purchase-by-central-bank/
First they have to crush to an optimal size ... then go to flotation (if they are go the flotation route ... and the ore has good metallurgy) ... and flotation isn't a picnic ... and even if they can produce a decent flotation concentrate ... it'll still require a further/final concentration process before smelting dore bars ...
my guess is they still have a bit of work to do inside the mill tuning up the circuit before they can run the full circuit and produce dore bars ... unless someone has been keeping the facility in very good care & maintenance.
And then you've got skeptics like Huggy bear and the like would who would probably say the bags are just filled with regular old rocks, anyways ...time will tell.
Theft can be a huge problem in Gold mining ... but the thieves don't target raw ore ... expect for hobbyist hand panners that claim jump for a 1/2 gram a day hand panning.
Pro thieves wait until the miner has expended the money/energy to produce/create to a high grade concentrate that has value ... or they steal expensive equipment that is easy to move
basically ... the only type of raw ore worth stealing would be like the type of gravel coming off the bedrock on places like Williams Creek or Lightning Creek in BC in the 1800's ... modern raw ore has little practical/economic value until it's been highly concentrated - which is an expensive process.
Regarding security ......
they don't have alot to worry about until they start forging dore bars ...... because .....
* each of those bags would weight aprox. 3,000 lbs each
* you need specialized equipment/knowledge to process the ore in the bags to make a high quality concentrate suitable for smelting/refining
* once you can make a very high quality concentrate ... you then need even more specialized equipment/knowledge to smelt & refine
So basically ... anybody stealing those bags would need heavy equipment to load & transport the bags ... and they'd also need a specialized facility/knowledge to extract the metal ... so basically, anyone stealing the bags is asking for a financial loss - unless they happen to own a refining facility nearby .... they don't really need to up their security game substantially until they start producing larger amounts of a very high grade concentrate that's suitable for the smelting stage.
This pict from twitter appears to be a pict of the main mill building ... you can see a glimpse of the tailings pond liner on the right-hand side of the pict ... the dry/sage brush style land is consistent with the imagery on Google earth/maps ... and the loose black colored pipes laying on the ground on left side of pict - and "L shaped" building layout matches the imagery on Google earth ...
According to Google Earth ... the photo was taken April 19/2023
Union might be gambling that the Democrats will pressure for a for quick settlement ... so it doesnt look bad for them going into the final weeks of the election
So ... all of us who live on the west coast should still be able to find food in the grocery stores ... while the east coast stores run dry?
An aerial measuring tool measures .......
- aprox. 1.05 acres for the tailings pond
- aprox. 16 acres for the larger property that covers the buildings, tailings pond, and older ore/tailings piles
Quebec to become ‘anchor’ for Gold Fields' diversification strategy, CEO says .....
Interesting
— Oliver Groß (@minenergybiz) September 27, 2024
Quebec to become ‘anchor’ for Gold Fields' diversification strategy, CEO says 🇨🇦⛏️https://t.co/hQQk3RBqus #gold
Radison Mines (TSXV:RDS) continues to hit high grade as they drill deeper into their o'Brien project in the Abitibi Gold belt in Canada .....
There's no bottom to O'Brien with 1 oz/t grades all the way down. @RDSMining https://t.co/rLojn2zpRj
— Garrett Goggin, CFA & CMT (@GarrettGoggin) September 27, 2024
RE; Aerial/map view of the Bishop Gold Mill facility .....
If you look at the facility on Google Earth ... and cycle thru the historical pictures ... you can see they upgraded the tailings pond with a liner sometime between 2013 and 2016 ... sorry, but i can't link to the Google Earth data ... you'll have to triangulate the location via Google maps or GPS cords; 37.4549476,-118.3662518,569
Aerial/map view of the Bishop Gold Mill facility .....
https://maps.app.goo.gl/EkPhVyXPCQH2uMoi8
I was born under a wandering star ......
Will Higher Q3 Earnings Bring Investor Back Into Gold Stocks? ......
Neil Adshead of the Commodities Discovery Fund thinks bumper Q3 earnings from the recent higher Gold prices will bring investors back into Gold stocks ......
I don't know ... but I just learned from that podcast about the new NBRi deal has with the Tim Sabean Group .... this is going to polish up the NBRI public relations, bigly .....
Not many ... it does look like NBRI is going to be proactive in regards to communicating with their shareholders ... unlike many other co's that collect a pay-check and communicate as little as possible with their shareholders.
When the Gold priced started surging strongly over $2,000 earlier this year in March ... it corresponds to the same time when it was announced the US govt. was now incurring a trillion in new debt every 100 days ...... imo; when the US govt. hits a trillion in new debt every 30 days, the Gold price will be north of $10k per ounce by that time .....
This is the scariest chart I’ve ever made. This is what it looks like when a country is heading toward a financial precipice.
— Robert Sterling (@RobertMSterling) March 11, 2024
Each color shows $1T getting added to the national debt.
Not that long ago, it took six years to add a bar.
We’re now adding one every 90-120 days.… pic.twitter.com/RZ1B8vrZqW
RE: I need to get a promotion from "poor man's" gold to "central banker's" gold. The sooner the better!
---------------------------------------
— illuminatibot (@iluminatibot) September 27, 2024
Barrick Gold's dirty little secret regarding it's under-performance to the Gold spot price .....
Barrick Gold, one of the largest Gold mining companies in the world, a company that has been in business for the past aprox. 41 years ... can no longer produce anywhere near the amount of Gold it use to produce even as recently as just 10 years ago ...
* 10 years ago, the production trend from Barrick was production of aprox. 7 million Gold ounces per year ....
* Recently, the production trend from Barrick is only aprox. 4 million Gold ounces per year ...
So .... what does this mean? ... in my opinion ...
* large multi-million ounce Gold deposits have become much more scare over the past decade ...
* despite high Gold prices, Barrick has been unable to ramp up production anywhere near it's production profile of even just 10 years ago ... this is despite Barrick having massive cash-flow & assets to finance expansion - if it could find quality sizeable Gold deposits to ramp up production on.
* due to the increasing scarcity of high quality exploitable multi-million ounce Gold deposits ... this explains why Barrick has begun to focus on the acquisition of Copper-Gold deposits ...
* Barrick is reluctant to publically admit to the primary reason for it's trend of declining Gold production ... and instead is trying to spin a narrative about diversifying into a hybrid Copper-Gold producer due to the clean energy revolution.
* Barricks trend of a nearly 50% decline in Gold production by ounces, is roughly corresponding to brutal under-performance of Barrick's stock price as compared to the spot price of Gold over the past several years .....
Peter Schiff is publically predicting that Gold goes to $10,000 if Kamala wins .....
Video link .....
Peter Schiff; ... Gold going to $10,000 if Kamala wins
Peter Schiff; ... Gold is going to $10,000 if Kamala wins .....
Video link .....
Peter Schiff; ... Gold going to $10,000 if Kamala wins
Some of the majors are running out of quality ounces ... for example ... Gold production at Barrick is down nearly 50% in terms of ounces produced compared to even just 10 years ago ....
* 2013 production ..... aprox. 7.1 million ounces
* 2023 Production ..... aprox. 4.5 million ounces
What Bob didn't mention is ......
the banger hole that was really responsible for launching Snowline parabolic had less instances of visible Gold in the core than Sitka Gold's hole #68
Yes ... they are into just about everything ... but i suspect they'd wait until the assays come back on hole 68 ... i suspect there might be some kind of a big financing package announced thereafter as well, with possible participation from one of the mid tier or majors .. as long as the assays dont disappoint.
Eric Sprott adds another 20 million shares to his CDPR holdings .....
CDPR corporate presentation .....
https://www.pascoresources.com/_resources/presentations/corporate-presentation.pdf?v=092603?v=1725564943?v=1723561383?v=0.030?v=0.055
New CDPR video presentation from the Metals Investors Forum from a few days ago ......
When you hit over 40 instances of visible Gold in a drill hole ... that's something you want to pay close attention to .....
RE: Beautiful Q2 results!
----------
it does seem to appear that a significant turn around may be in the offing
Just over 60% of production coming out of the Idaho mine ... and less than 40% coming out of the Mexico mine ... with the bulk of production growth poised to increase/grow from the US/Idaho mine
The Mexican mine is underground ... not open pit.