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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
Surferr 44,
"Donlin Gold Project
Novagold's Donlin Gold project, which the company owns equally with Barrick, is a Tier One gold development project. The project boasts approximately 39 million ounces of gold with an impressive grade for an open pit project of 2.24 grams per tonne in Measured and Indicated Mineral Resources including Proven and Probable Mineral Reserves, and a projected mine life over 27 years. The project is located on private land designated by law for mining in Alaska, making it an extremely appealing investment for those seeking peace of mind."
Boing X 2
New video Matado Mining. A must watch,
"https://www.youtube.com/watch?v=MfuEbBimbw4"
At minute 16:10 he is talking about drilling in Jan. at a potential 60 MILLION ounce deposit site. Hope he is right.
Numerous comments re B2Gold and Calibre
buying the Matador mine.
From the Yahoo board,
14 hours ago
Who or what bought 5.5 million at 3.30 today and WHY? is this thing getting bought out?
Reply
Share
14 hours ago
Are you serious?
Reply
Share
12 hours ago
Yes look at the trading around 3.10 to 3.40 this is unusual to say the least.
Interesting. Hope it is one of my funds.
Boing X 2
New video for New Pacific.
:
New video under last post.
Boing X 2
Sorry about the typo on Omai.
Hot off the press for the Ying mine,
"https://www.youtube.com/watch?v=TnlWrS8G1Qo"
Looks like a lot of potential for mining more gold.
Boing X 2
Omar keep getting good drill results,
"https://finance.yahoo.com/news/omai-gold-drills-5-89-131400962.html"
Boing X 2
Aurion,
"https://finance.yahoo.com/news/aurion-regional-scout-drilling-intersects-120000297.html
BTG needs to buy them before their price goes up any more. Right next to our JV with them. Then take out Rupert.
Boing X 2
"20 hours ago · "At September 30, 2023, B2Gold held approximately 24% of the total issued and outstanding Calibre common shares and equity accounts for this ownership interest."
So we will now own around 24 percent of Marathon Gold. I see potential for that to increase IMHO in light of our Matador Mining ownership next door to Marathon.
Boing X 2
Marathon project,
"https://marathon-gold.com/valentine-gold-project/"
Boing X 2
Double OH BOY,
Marathon gold is just on the other side of Matador Resources with 5 million ounces of gold if I remember right. No wonder BTG is excited
about Matador.
Boing X 2
OH BOY!
"https://www.kitco.com/news/2023-11-13/Calibre-Mining-acquires-Marathon-Gold-to-create-a-mid-tier-gold-producer.html"
Boing X 2
From the CC transcription.
"But I have another significant looking at brownfield exploration, which we've always done quite well around our mine and also additional regional exploration, but also looking at some new opportunities over Finland. We established a new company, an exploration company in the Philippines to look at other potential opportunities. We see the Philippines -- Philippines is a good place to be in the mining industry, but it's largely been unexplored for decades. We see ourselves as one of their success stories and the company agrees. The new government, -- the new government show that they are quite open to for investment, including in the mining sector. So we see an opportunity there. So we have 100% B2Gold-owned Philippine exploration companies to look at further opportunities [indiscernible] in the Philippines.
In addition to that, we will continue to look at investing in junior companies where they have what we feel [indiscernible] people and good exploration prospects. We know how the market is, the gold equities today [indiscernible] exploration companies. So companies like Snowline [indiscernible] 9.9 in -- Marathon, et cetera, Matador, [indiscernible]. Yes, we like their exploration upside in Matador and we will be closely following their progress."
Boing X 2
Silvercorp and Orecorp timeline.
"https://www.orecorp.com.au/upload/documents/investor/asx/231106015646_231103RegistrationbyASICwithSchemeBooklet.pdf"
Approval by Tanzania,
"https://www.orecorp.com.au/upload/documents/investor/asx/231107010236_231107FCCApproval.pdf"
Boing X 2
Matador mining. This might be why BTG is excited.
"“Additionally, B2Gold’s continued investment in and involvement with our business is an endorsement of our district-scale land package, the prospectivity of the tenements, the exploration team in Newfoundland and our world-class approach to exploration.
“We have discovered gold in the basement over a 60km stretch spanning the eastern portion of Long Range to the western portion of Malachite, based on the results from our exploration programme over the past 18 months. That would be 32.some miles of gold.
Note this last paragraph. Multi-Million-Ounce, Multi-Metal deposits.
“Additionally, we continue to advance the Hermitage property, which demonstrates significant potential to host multi-million-ounce, multi-metal deposits. We are in the process of ranking and prioritising our targets for the 2024 exploration programme, which could include a winter exploration component.” I await the drill results.
Boing X 2
More drill results on Snowline,
"https://finance.yahoo.com/news/snowline-gold-intersects-372-9-110000534.html"
Also,
Calibre,
"https://finance.yahoo.com/news/now-time-put-calibre-mining-105523729.html"
Boing X 2
A few things from the CC yesterday,
Drill results from the Goose project are exciting and expected to be released next week.
Looking at expansion in the Philippines.
Excited about Matador Mining. No analyst followed up to find out what they are excited about.
Boing X 2
error
Just found this,
"https://www.youtube.com/watch?v=IvUkFfucBRE"
He is thinking SVM is a buy.
Boing X 2
Fair value 5.81. Let's get on with it.
"https://buildingbenjamins.com/stock-thoughts/btgs-golden-horizons-with-growth-footing/"
Boing X 2
Found this on Orecorp. No PR yet. Nov.3rd.
"Australian Federal Court Orders OreCorp to Seek Shareholder Approval for Takeover"
Boing X 2