Looks like Auteco and Treasury Metals are moving forward. Interesting interview with one of Sprott’s partners. Hopefully we will be hearing some news from Big Ridge Gold soon. Appears they are in a great location according to this interview.

https://m.soundcloud.com/sprottmoney/conor-obrien-monthly-wrap-up-72821

Great info - looks like things are progressing nicely at Treasury Metals. Be great to have a similar update on Springpole and Cameron.

Thanks SeaBlue - something for me to consider. Who do you buy from? I get offers from First Majestic but haven’t bought any yet. Not sure how their premium compares with others

Very impressed as well - they are going to hit the cover off the ball in due time. I think the best team across all the projects under FMG’s umbrella. I like Treasury team as well. Less marketing savvy but they are serious and focused. I wish Auteco gets more volume under the otc symbol - that would make me feel different it about picking up more shares.

Let’s hope Paulson is right!

Hey SeaBlue - I didn’t - the otc symbol is so thinly traded that I gave up. My nephew bought some on the Australian exchange this week. I picked up a nice position a few months back so if it turns out to be a home run I won’t be greedy. I snagged some Alexco, Americas gold and silver, first majestic and PSLV last week instead. I think as long as Canada doesn’t follow suit, they should be OK operating on the ground. Live in US and just today alone heard that a cousin in law and my sprinkler guy got Covid. This new variant is kicking up - stay safe. It may throw us another curve ball before it fizzles. Hold on to your silver and gold - the printing presses of fiat currency are churning fast around the world. How about you - did you jump in with the boys down under? 70% increase in resource and the stock goes down - its time will come

SeaBlue - do you take delivery of the physical silver?

GE_Jim - I think silver will make a nice move north the next few months - buckle up for the ride!

SeaBlue - last Friday I bought some Alexco, First Majestic, Americas Gold and Silver (all in production) and PSLV which in my mind is me buying physical silver. I think gold and silver will move higher the next couple of months - the printing of counterfeit will catch up with the world economies in due time. Trillions of new spending will most likely keep the stock market from crashing - so much cash out there that needs to be invested somewhere. I see no way out of run away inflation (maybe lockdowns might slow things down in the near term) in the years ahead.

Sorry Lowjack that I misinterpreted your post on price of silver. Thought that was your premise for PSLV trading between $6-$8. I look forward to silver and PSLV moving higher the next few months.

Picked up some more shares on Friday. I’m betting that silver will hit $30 before it his $12 like Lowjack predicts. The silver squeeze is in play. PSLV has over 150 million ounces of silver in its vaults and still growing.

Took advantage of the recent correction in the price of silver and First Majestic to back up my previous bets on one of the best mining companies in the world. Over $200 million in cash, significant revenue growth, great management, transition to diversity of metals and jurisdictions in 2021 AND the stock is in free fall. Great opportunity IMO

Made my final purchase on Friday of this turnaround story. USAS has been in free fall for some time now - here’s hoping that tomorrow launches this rocket ship straight up

Couldn’t resist - picked up additional shares on Friday. I’m all loaded up for the run back up to $3.00. Predicting a run to Silver $30 in September. All aboard!

Closed at $1.13 today - another disappointing quarter - evidently the street agrees. I may take one more swing here and pick up some more shares to average down my position - if the next 2 quarters don’t show significant improvement, may have to take a haircut and try elsewhere and in 2022.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1883-tsx/usa/104965-americas-gold-and-silver-corporation-reports-second-quarter-2021-results-and-provides-operational-update.html?utm_source=newsletter_1172&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y

Alexco is a “red light” special at this price. I think there has been so much money printing going on that it should keep the market propped up in the near term. There is big money betting against gold and silver so in my mind that is a bigger head wind right now than the market crashing. Be nice to see gold crack through $2,000 and silver through $30 this fall.

hey SeaBlue - thanks for the video - took a position in Treasury Metals this week. No luck doubling my position in Auteco under the OTC symbol so I am giving up there. If it is too difficult to buy in - I am sure it will be even tougher to sell. I’ll reconsider if I see that symbol doing more daily volume. The two I am focused on for the upcoming week are Alexco and USAS. I think the smaller producers will be a sweet spot come fall. We’ll see.

JSC - you should be seeing some warrants in your account soon. My nephew said he sees his now and they are priced at $.34. The number of warrants should be equal to half of the shares you received.

My nephew just told me that the Treasury warrants hit his account and they are priced at $.34.

Was able to pick up more shares today on the price dip. Now let’s get this horse out of the gate and on to the racetrack. Many on the FMG message board felt that many would dump their Treasury shares after receiving them. We’ll see - I am an FMG shareholder that added 3 fold to my position. Giddy up!

SeaBlue - another ordered expired on me today. Bid 8.5 cents which is pretty much market rate if you convert $.115 Australian to US Dollars. Not sure if it is issue with Ameritrade or US OTC symbol. When I purchase share last go around the shares were never reflected in the daily traded or average daily traded. Get implanting on that!

They are in a joint venture with FFMGF on an adjoining property. New leadership, bunch of new drilling and cash on hand - got some shares as well last week and just placed an order to pick up some more this morning. Lots of potential here IMO.

OK SeaBlue - just placed orders with Ameritrade to pick up more Auteco and Treasury Metals shares. Let’s see if my bid price is high enough today!

I like them because they are in production. As you are aware, it appears that ounces mined carries more value than ounces found right now. They do have 2 US properties, but I do understand your concern about Mexico. I still have my First Majestic. At the pace they are going they may end up with more gold than silver production in 2022. Jerritt Canyon may be a reason to take another look at them. At under $14, this could get a nice pop when silver breaks through $30 again.

What does he think the market cap should be? They have 100 million ounces in the ground - at a market cap of $325 million - that is a value of $3.25 per ounce. Sounds reasonable to me. And to your point If silver breaks through $30 this fall, AXU will be over $3.50 per share

May be a while before the price per share catches up to FMG but won’t be long before they have a higher Market cap

Story just gets better and better

I was talking about USAS but AXU is a similar story with disappointments.

I think they might slow down the drilling if they get to 3 million ounces. That would make it a bankable project. Hate to see them dilute the shares on us. Going to put another buy order in today and see if I can add to my position.

Reinforces that Auteco is on its way to a 3 million ounce resource

SeaBlue - much discussion on how you need to be patient with these. May be some truth in that, experience would reinforce that. I started taking a bunch of positions last year into this year - I think gold Is going through $2,000 this fall and silver over $30. All this paper money printing has set the stage for gold $3,000, and if that happens, the worst of these stocks will double - the good ones will shoot the moon in my view. That is my thought - I have been listening to Keith talk about triple digit silver for years. Guess if he missed that call, I am more than capable of missing mine - but in my gut - I feel the next 12 months is the breakout point

Ironyman - seems like one miscue after another since I bought some shares a few months back. Kept digging and bought down my position last week. Encouraged that Lassonde has taken an interest in company and I know Sprott invested in 2020. I’ve been patient with so many of my other precious metal investments - guess I can be here as well.

Ironyman - this is what caught my attention and got me interested

https://kingworldnews.com/pierre-lassonde-has-been-aggressively-buying-this-mining-stock-his-top-pick-for-2021/

Hi Ironyman - why do you think profitability is so far out? Their production should be way up in 2022.

SeaBlue - you know just a matter of time and this will be a 3 million ounce resource and spectacular news that they may be able to surface mine as well. I know many on the FMG site feel Auteco got the better end of the deal. Regardless, prudent to pick up shares and play all sides of the basket of properties Keith swooped in and grabbed years ago.

SeaBlue - I filled 4 orders about 2 months ago. 3 in my fidelity account and 1 in my Ameritrade account. I think fidelity did a much better job. I had different price points, but the one at market traded in a day with fidelity.The Ameritrade order sat for over a week at market price. My nephew had his account setup for the Australian symbol and his trades went right through. I went in today to double my position but no luck, I bid under market so that may be why. I think these guys are going to push this project along faster than FMG does Springpole and treasury does Goliath. I know these projects are a few years down the road - just picked up a bunch more USAS - they are in production - have hit a few speed bumps the last couple years but I think a huge turnaround is underway. Take a look - appreciate your feedback.

Hi SeaBlue, I know we see each other on a couple other boards - been picking up shares in Americas Gold and Silver Corp (USAS). Take a look at it. Unlike our others we follow - it is in production and I think a huge turnaround story. Take a look at it if you are not familiar with it - appreciate your opinion.

Picked up some additional shares today to average down my position. Hope that the company is on course for a speedy turnaround. Seems like one speed bump after the other recently. Hopefully we see some big numbers on the production side in the months ahead.

Aarin - not at 25% but did add a chunk more AXU shares to my portfolio today. When silver makes another move up this fall AXU will be over $3 again. Love the predictions for a $5 and $7 share price - that would make for a great Christmas.

See the Treasury Metals shares in my Fidelity account today. Tried to buy some additional shares on the open market today but price ran up above my bid price. Will try again on any price weakness. Also tried to double my position in Auteco today but my bid expired before filling. Maybe I’ll get another chance to pick up some more shares in both next week. FMG, Auteco and Treasury Metals are all on a good course and in time the market will recognize the bargain they each are. Until then, I’ll continue to add shares.