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Calibre approves purchase of Marathon gold which is next to Matador Mining,
"https://finance.yahoo.com/news/calibre-mining-shareholders-approve-marathon-185100495.html"
I think it is just a matter of time.
Boing X 2
Snowline gold,
More good drill results,
"https://finance.yahoo.com/news/snowline-gold-intersects-strong-mineralization-110000188.html"
Boing X 2
High grade drill results,
"https://finance.yahoo.com/news/aurion-b2gold-intersect-high-grade-120000179.html"
Boing X 2
As the market is closed today, I had time to search more.
This video is a must for those that own this stock. Found the spelling finally for the 60M ounce mine. Obuasi,
"https://www.youtube.com/watch?v=U2ycTRsj8k0"
Not often that you get a chance like this to build up a big stock position before the mines open.
Listen closely and check out the g/t of gold they are finding and they are just getting ready to do drilling.
As I said before Calibre is buying Marathon and Matador has a big land package with 9 potential blockbusters.
I suspect we start to see the dots connecting this drill season.
Boing X 2
Listen very close and read between the lines is all I am saying
"https://www.youtube.com/watch?v=9rgev1AbxlA"
They are all lookin at this together. Does that mean they all join together?
Boing X 2
Found this little blurb,
"Last year, B2Gold Corp. announced their intention to conduct geological exploration of three promising gold deposits in the Navoi region. At that time, the company had not ruled out the possibility of beginning active gold mining within Uzbekistan, which may become the next stage after the completion of exploration."
I hope they find gold on all three locations. Now let us hear about Egypt.
Boing X 2
Ownership in Tincorp climbing,
"https://finance.yahoo.com/news/tincorp-announces-credit-facility-cancels-175800033.html"
Boing X 2
BeMetals bringing home the bacon,
"https://finance.yahoo.com/news/bemetals-delivers-significant-copper-intersection-123000786.html"
Boing X 2
First must watch- sounds like it is Malachite where the potential for 60M ounces is first being drilled.
Check out you tube videos for Matador Mining recent discussion on potential 60M deposit.
Matador mining website has good maps. Deposit is supposedly at a big bend of the fault on the Cape Ray project fault.
Boing X 2
Sorry all, I have not been paying close attention here as I have been trying to buy some BTG at a lower price and been watching the stock price.
My thoughts,
I don't think enough retail has found out about us yet. 30 percent retail.
I am sure mining in Mali bugs some people bu,t not me until Clive Johnsons says it bugs him. He has a good working relationship with them so far. Also, he is expanding to the Goose project, Newfoundland ,Finland, and the Philippines. Ground work in Ubekistan and Egypt
I suggested on the Silvercorp Metals board SVM that as they are in the same home office as BTG that the two should seriously consider a JV and take out Celsius at a low cost to both BTG and SVM. Would cost them each not much and have a permit ready operation in the Philippines. Celsius stock tanked after they tried to shake down Lon Shaver and he left the table on buying them. All they need to do is get 51percent of the shares and take them over. Copper and gold. They also have a large Cobalt property.
The BTG number of shares is large but then again might not be too bad with the potential I see possible. Possible future buybacks and or dividend increases.
Let's discuss several things. I think they are going to have a blow out 4th quarter with the price of gold going up 214.08 an ounce from Sept 29th to Dec 29th. That is over and above what they were already making the prior quarter. They said they would be working on higher gold content the last quarter after the rains the prior quarter impacted with lower grade processing.
If the gold price stays up is could impact all this years quarters until we start pouring 300k ounces next year.
Now here is a biggie that no one seems to have mentioned yet. Matador mining had the head BTG geologist tell them he thought they had a what sounds like Blasie. SP as I could not find the description spelling it differnt ways. That is a mine with 60 M ounces of gold. That would be over an above the 30KM of basement gold and not counting the Hermitage project where drilling is yet to take place.
They had two other totally independent geologist come to the same conclusion with none of them talking to each other. One is coming back to look further again this year. Then add that in we own 30 percent of Calibre who is buying Matador mining with 5M ounces just North East.
Matador starts drilling to verify if 60M ounces this quarter.
A critical statement by BTG in their Dec presentation on their website says they have first right of refusal on any sale or purchase of assets by Matador.
My pure speculation is BTG is going to own the whole enchilada before this is over.
BeMetals might also be a sleeper. They are drilling high gold and silver finds in Japan an we are involved in ownership.
With ownership also in Snowline gold I am just getting as many shares as I can with the dividends while BTG is cheap. 5.138 percent dividend.
Study the Matador current drill results. High au per gm.
Sorry if this is long but, a lot going on with BTG.
Boing X 2
Another hurdle to cross,
"https://www.miningreview.com/gold/silvercorps-takeover-offer-for-orecorp-faces-regulatory-challenges/"
Boing X 2
A lightbulb just went off, I know, I know, No jokes.
BTG is in the same office as SVM.
Six months ago BTG said they were looking to expand in the Philliipines
How about SVM an BTG do a joint buy out of CLA.AX. not a big cost to either that way and we get a fully permit operation going.
They both win.
Boing X 2
Just wow!
I thought I would check on Celsius. Stock has tanked.
Celsius Resources Limited (CLA.XA)
Cboe AU - Cboe AU Real Time Price. Currency in AUD
Follow
0.0125+0.0005
Lon might want to consider grabbing 51percent of shares at this price and just take them over.
I think they tried to shake him down and he wasn't going to have it.
Boing X 2
Snowline with more good drill results,
"https://finance.yahoo.com/news/snowline-gold-expands-footprint-widespread-110000178.html"
Boing X 2
This came in right after I left town.
High grade gold and silver drill results,
"https://finance.yahoo.com/news/silvercorp-reports-high-grade-gold-003900731.html"
Setting up for a great new year.
Boing X 2
It looks like Lon just might have pulled it off.
https://finance.yahoo.com/news/silvercorp-announces-takeover-offer-orecorp-221000635.html"
And, OreCorp is agreeing with him. Great going Lon.
Boing X 2
It further sucks that the court said that SVM can't vote their shares while Persus can????? Totally unfair. They paid for their shares just the same as Persus.
Australia is going down the tubes lately.
Boing X 2
Not happy I had to dig to find this,
"https://www.orecorp.com.au/upload/documents/investor/asx/231130220511_231101SchemeMeetingPostponed.pdf"
Meeting postponed to Jan 18th.
Boing X 2
Omai finds more gold,
"https://finance.yahoo.com/news/omai-gold-announces-7-69-130100643.html"
Boing X 2
error,
Should have been posted to SVM board.
Boing X 2
Omai finds more gold,
"https://finance.yahoo.com/news/omai-gold-announces-7-69-130100643.html"
Boing X 2
Snowline finds more gold,
"https://finance.yahoo.com/news/snowline-gold-intersects-519-6-110000567.html"
Boing X 2
Some thoughts on OreCorp.
I note on 11/27 there were 50M shares traded. Then on 11/30 there were 57M shares traded.
We know Lon said he was going to consider his options.
It would seem less probable that Persus would buy those shares with a potential value of .60 cents a share that were bought at an average cost of around .48 cents a share over those two days and then vote no. That would be in addition to the 19 percent they already own.
It would seem more probable that SVM bought the shares and would then vote the shares and then cancel them and not have to pay .60 cents in stock and cash out there by saving money and less share dilution.
Not sure why that volume would be sold at .48 cents average vs. holding out for the higher figure.
At any rate the vote takes place at 9PM our time tonight. That will be 10am. Perth time Friday. So, we should know late tonight or early tomorrow if the plan was approved.
Good luck Lon and SVM.
Boing X 2
Forgot to add,
I don't think they is any conflict is the companies discussing paying dividends early. It benefits both the companies and the shareholders.
It is not discussing anything that is material as both companies have already declared dividends.
Just making myself clear on this issue. It dries up shares at a lower price for both companies and gives the shareholders a break while the prices are down.
Boing X 2
I just said the same thing on the SVM board.
It would be nice if they give a Holiday treat and pay the dividend before the 15th. They have kissed the money off and for those of us
that are reinvesting dividends it benefits both us and them on drying up shares while the market is down.
Both SVM and BTGF are in the same office so someone speak up and let's get going.
Boing X 2
I notice it says they will pay the dividends on or before Dec. 15th.
It would be a nice holiday present for them to pay them early while the market is down. They have already kissed the money off and it would be great to get to reinvest them at this lower price. Helps them on shareholder ownership likewise.
Boing X 2
A couple of thoughts,
BTG said they were going to make up for the lost production from rain in the 3rd quarter during the 4th quarter.
Assuming that happens, they are going to be selling their gold for much higher prices. We still have one more month to go and prices might still be going higher.
The stars might be aligning for a blockbuster 4th quarter with much higher prices for sold gold this quarter.
They might have blow out earnings which could blow this stock up next year.
Gold price on Saturday, September 30, 2023
$1,848.82
11/30/23 2,036.16
That is up 187.16 with one month left yet. At 300k ounces that is an increase of 56,100M dollars in value not counting Dec. Also, we will benefit from Calibre gold mining increases.
Just saying!
Boing X 2
Miggi,
Will tell him what you said. Thank you.
Important close today. Gold with a solid close over 2K on a monthly basis. Big Deal when it closes over on a monthly basis.
BTG is getting ready to cross the 200 day. Setting up nice for the year end. Just hope we get our dividends before this rockets.
17M plus sorts at Nov 17th. Can't tell if they have covered yet or not. If not, it could get to be explosive. Not fair they get to hide this information from us all. It should show daily for transparency.
Boing X 2
Lon to the rescue,
"VANCOUVER, BC, Nov. 30, 2023 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) notes the announcements made by Perseus Mining Limited ("Perseus") (ASX: PRU) (TSX: PRU) in relation to its acquisition of a 19.9% interest in OreCorp Limited ("OreCorp") (ASX: ORR). Silvercorp is considering these announcements to determine an appropriate course of action in the best interests of Silvercorp shareholders.
About Silvercorp
Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorp.ca.
For further information
Silvercorp Metals Inc.
Lon Shaver
President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorp.ca
"
Boing X 2
Yes, a new house. He was able to negotiate the price down with the builder.
Also, he was eligible for a VA loan with all his service years and got it under 6 percent. He intends to pay it off ASAP. So he will drive that interest rate down quickly. Extra payments on principle.
Boing X 2
Miggi,
I agree on the dividends.
BTG closed solidly above the 50day moving average last night. Not far to close above the 200 Day moving average. Possible it does that tonight.
Off to visit Son and Dauther-in-law for Christmas in their new house.
I hope you have Joy and Happiness during this holiday season.
Boing X 2
Orecorp update,
"https://www.miningmx.com/top-story/55089-perseus-builds-19-9-stake-in-tanzania-gold-developer-orecorp/"
Time will tell. Must be a good property.
Boing X 2
Orecorp update,
"https://ih.advfn.com/stock-market/TSX/SVM/stock-news/92642557/silvercorp-and-orecorp-enter-into-amending-agreememt"
Boing X 2
Dividend declared,
"https://finance.yahoo.com/news/b2gold-declares-fourth-quarter-2023-223000746.html"
Boing X 2
Correction,
Calibre buying Marathon and not Mataor.
Boing X 2
Outstanding drill results with many to still be reported.
"https://ih.advfn.com/stock-market/AMEX/b2gold-BTG/stock-news/92625817/b2gold-announces-positive-exploration-drilling-res"
Very high grade numbers.
This project is going to pay itself off fast if the results keep coming in like this. 100g/t at one drill hole.
Boing X 2
Towards the end of the video Lon says some additions coming on to the Ying district shortly.
My best guess is regarding gold. We shall see.
Boing X 2
Just posted video,
"https://www.youtube.com/watch?v=TExRBdpdsDY"
Boing X 2
SVM had a solid close above the 50 day moving average of 2.32 on Friday.
One analyst opinion,
Analyst Forecast
According to one analyst, the rating for SVM stock is "Strong Buy" and the 12-month stock price forecast is $8.0.
Price Target
$8.0
(238.98% upside)
Analyst Consensus: Strong Buy
Hope he is right.
Boing X 2