The GraveYard Shift

[JD400]

*Morning Metals Roundup on the M+M*
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J:D's Morning Line Track Conditions: Slow 6

Slow 6 A mildly rain affected track, better side of Slow

Loose Fed Policy, Raining dollars

Gold (US$/oz) -0.05 (.00%) 1,743.90
Silver (US$/oz) +0.09 (0.36%) 25.29
Copper (US$/lb) -0.02 (0.49%) 4.08
Platinum (US$/oz) -10.65 (0.86%) 1,232.10
Palladium (US$/oz) -57.00 (2.13%) 2,618.00
Uranium (US$/lb) April 05, 2021 $30.85
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MARKET MOVERS

Company Change Last Trade

First Quantum Minerals 0.43 1.57 $27.85

Artemis Gold 0.36 6.56 $5.85

Orocobre Limited 0.22 4.59 $5.01

Great Bear Royalties 0.21 6.02 $3.70

Chesapeake Gold 0.15 3.66 $4.25

Marimaca Copper 0.12 2.76 $4.47

China Gold Resources 0.12 3.34 $3.71

Aura Minerals 0.11 0.85 $13.11

New Oroperu Resources 0.10 5.00 $2.10

Probe Metals 0.10 7.14 $1.50

New Found Gold 0.10 2.18 $4.68

Wesdome Gold Mines 0.10 1.14 $8.87

Prime Mining 0.09 3.00 $3.09

Endeavour Mining 0.09 0.33 $27.11

Mandalay Resources 0.09 4.50 $2.09
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HIGH VOLUME

Company Volume Last Trade

Infinite Ore 5,427,799 $0.11(M+M shout out Antman Thx)

NextSource Materials 4,554,546 $0.41

Uranium Energy 4,510,199 $3.05

B2Gold 3,117,444 $5.70

Kinross Gold 2,579,608 $9.04

Awalé Resources 2,501,000 $0.06

First Quantum Minerals 2,411,694 $27.85

Windfall Geotek 2,280,906 $0.43

Fission Uranium 1,932,507 $0.66

Reunion Gold 1,867,464 $0.08

Yamana Gold 1,867,414 $5.71

Nickel Rock Resources 1,817,392 $0.19

NexGen Energy 1,724,427 $5.11

Stria Lithium 1,529,770 $0.05

Ivanhoe Mines 1,472,600 $7.26
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FINANCINGS

Bonterra Resources Announces Closing of $17.5 Million Private Placement

FPX Nickel Announces Closing of $16.1 Million Bought Deal Public Offering

GR Silver Mining Announces $8 Million Bought Deal Financing

Aldebaran Resources Announces $5 Million Private Placement

Purepoint Uranium Group Inc. Closes C$5 Million Private Placement

Cerro de Pasco Resources Announces $2.5M Offering to Advance Tailings Retreatment Project

CMC Metals Announces Non-Brokered Private Placement of up to C$1.86 Million
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EARNINGS / PRODUCTION RESULTS

Harte Gold Announces Continued Quarterly Production Growth and Record Production

Trilogy Metals Reports First Quarter Fiscal 2021 Financial Results

GoGold Resources: Parral Reports Ninth Consecutive Quarter of Positive Cash Flow

Ivanhoe Mines: Kamoa-Kakula Shatters Previous Production Records, Mining 400,000

Victoria Gold: Eagle Gold Mine Q1 2021 Operational Highlights

Majestic Gold Corp. Reports 2020 Annual Results for Songjiagou Gold Mine

Telson Mining Reports Campo Morado Q1 2021 Production
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PROJECT ACQUISITIONS

Surge Copper Acquires Strategic Land Position at Berg Project

Musk Metals Acquires the Pakeagama Lithium Claims in the “Electric Avenue” Pegmatite

Vanstar Mining Resources Acquires Additional Claims at Eva Project Based on Mag

Blackrock Silver Acquires Strategic Claim Block at Tonopah West

EMX Royalty Corp. Acquires Mo-i-Rana Polymetallic VMS District in Norway
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FEASIBILITY / PEAS / RESOURCES

Osisko Mining Delivers Positive PEA Update for Windfall (39.3% After-Tax IRR and C$1.5

Skeena Resources Announces 5.3 Moz at 4.3 g/t AuEq Measured and Indicated Resources

Hudbay Minerals Announces Positive Preliminary Economic Assessment for its Mason Copper

Liberty Gold Announces Maiden Resource Estimates for Five Gold and Copper Deposits

Novo Resources: Preliminary Economic Assessment - Beatons Creek Conglomerate Gold

First Majestic Silver Files Updated Technical Reports, 2020 Mineral Reserve and Mineral

OceanaGold Reports Mineral Resource and Reserve for the Year-Ended 2020
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MERGERS / ACQUISITIONS / JVS

Equinox Gold Completes Acquisition of Premier Gold Mines, i-80 Gold Created

Eldorado Gold Completes Acquisition of QMX Gold

Victory Metals and Nevada King Mining Announce Completion of Business Combination

QMX Gold Corporation Obtains Final Order Approving Arrangement With Eldorado Gold

Victory Metals and Nevada King Mining Announce Shareholder Approvals of Plan
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PERMITTING

Torex Gold Resources Granted Key Environmental Permit Amendment for Media Luna Project

Northern Dynasty Minerals: Pebble Partnership Urges New Us Environmental Protection

Majestic Gold: Songjiagou North Underground Mining License Renewed and Update

South Star Mining Announces Environmental Permitting Update for 25,000 tpy Phase 2

Ur-Energy Receives Approval of License Amendment for Lost Creek Expansion
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Miners, banks boost FTSE 100 ahead of construction activity data



* FTSE 100 up 0.4%, FTSE 250 off 0.04%

April 8 (Reuters) - London’s FTSE 100 climbed on Wednesday supported by gains in heavyweight mining and banking stocks, while investors awaited March construction industry activity data later in the day.

The blue-chip index rose 0.4% to its highest since February last year, with Johnson Matthey jumping 3.4% after the chemicals maker said it had started a strategic review of its health business.

Mining stocks rose with Anglo American gaining 2.5%, as the company said it would spin off its thermal coal assets in South Africa.

The domestically focussed mid-cap FTSE 250 index edged 0.04% lower after scaling a record high in the previous session.

Globally, investor sentiment was upbeat after the Federal Reserve underlined its commitment to keeping policy super loose even as the U.S. economy enjoys a rapid recovery.

Among other stocks, Lookers jumped 15% after the auto retailer forecast 2021 underlying profit before tax to be materially ahead of analysts’ estimates. (Reporting by Devik Jain in Bengaluru; Editing by Shounak Dasgupta)
https://www.reuters.com/article/britain-stocks/miners-banks-boost-ftse-100-ahead-of-construction-activity-data-idUSL4N2M11RR
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The US has a metals problem

Rick Mills - Ahead of the Herd | April 5, 2021 | 2:04 pm Battery Metals Intelligence Markets Canada China USA Aluminum Cobalt Copper Graphite Lithium Nickel Oil & Gas

https://www.mining.com/web/the-us-has-a-metals-problem/
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Ronan Manly: Hungary boosts gold reserves by 3,000% in 3 years

Submitted by admin on Wed, 2021-04-07 23:13 Section: Daily Dispatches

11:10p ET Wednesday, April 7, 2021

Dear Friend of GATA and Gold:

Bullion Star's Ronan Manly writes tonight that the Hungarian central bank's purchase of another 83 tonnes of gold, tripling the national reserves, is a big deal, as it makes the country a major gold holder.

Manly's analysis is headlined "Hungarian Central Bank Boosts Its Gold Reserves by 3,000% in Less Than 3 Years" and it's posted at Bullion Star here:

https://www.bullionstar.com/blogs/ronan-manly/hungarian-central-bank-boo...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[e-mail]
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Iridium beat Bitcoin this year; so what is the rare metal? Jeff Christian

Apr 07, 2021
Guest(s): Jeffrey Christian

Iridium is a rare-Earth metal that is a by-product of platinum and palladium mining. Jeff Christian, managing partner of CPM Group, discusses its Iridium beat Bitcoin this year; so what is the rare metal? Jeff Christian
Apr 07, 2021
Guest(s): Jeffrey Christian

Iridium is a rare-Earth metal that is a by-product of platinum and palladium mining. Jeff Christian, managing partner of CPM Group, discusses its uses cases and why the price climbed by more than 200% year to date and is set grow even more in value.

Video here >>> https://www.kitco.com/news/video/show/Market-Analysis/3307/2021-04-07/Iridium-beat-Bitcoin-this-year-so-what-is-the-rare-metal-Jeff-Christian#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DMarket-Analysis
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The Case for Platinum 38 pages

Platinum plays a critical role in the reduction of global warming and essential roles in diverse industrial and medical applications.

https://www.indigopreciousmetals.com/news/the-case-for-platinum/
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Hyperinflation Is Here: Expect Panic When The True Supply Of Physical Gold Is Revealed

April 7, 2021 6


The only reason the dollar has any value is that it can still buy precious metals. When the…

Rafi Farber on Palisades Gold Radio

Tom welcomes a new guest to the show, Rafi Farber. Rafi is an investor, author, and proponent of the Austrian Business Cycle. His investing approach includes gold, silver, and various associated stocks and investment vehicles.


Rafi discusses how the stimulus programs and lockdowns are altering the fabric of society. Money supply has gone vertical (hyperinflationary), and the Fed has stopped publishing weekly figures. This is already affecting the commodity space despite a massive reduction in demand. The demand decline briefly reduced inflationary pressures. However, there will be no way to avoid the coming collapse when it becomes evident that food prices are out of control.
Video Radio here>>> https://www.silverdoctors.com/gold/gold-news/hyperinflation-is-here-expect-panic-when-the-true-supply-of-physical-gold-is-revealed/
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On the Road to Emmaus - An Afternoon Boost from the Fed





“Fraud and falsehood only dread examination. Truth invites it.

Whoever commits a fraud is guilty not only of the particular injury to him who he deceives, but of the diminution of that confidence which constitutes not only the ease but the existence of society."

Dr. Samuel Johnson



"Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources, and to the preservation of the long term wealth of investors and the economy as a whole. If price discovery is compromised by manipulation, then we will all be gradually impoverished and the economy will be imbalanced and unstable."

London Banker, Lies, Damn Lies, and Libor



Stocks were mostly unchanged, but with a slight risk on flavor after the release of the Fed minutes.

Big cap tech led the way up, with money coming out of the small caps in the Russell 2000.

Gold and silver ended mostly unchanged after a morning attempt to break up higher.

I think the chart is pretty clear what gold needs to do. And silver will follow.

Let's see if they can get the job done.

The Dollar chopped sideways.

And the band played on.

I think the chart shows the potential for gold to move to $4,000 within a few years at the most.

Have a pleasant evening.
https://jessescrossroadscafe.blogspot.com/








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Have a good day everyone

Go get um

and stay safe out there

J:D


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