Member Info for Ballio

Well. It's been a pretty fascinating week in the commodities market. I must admit I am enjoying but also cringing at what the LME are doing and how they are dealing with or not dealing with things...

Either way when trading resumes I think we can be confident of a price well above the close this time last week. Maybe not reflecting the recent spike, but more than likely still on a steady climb.

Meanwhile, we await the leaching results from 67AD...

Ballio

I must admit, I enjoy seeing the injections of "enthusiasm" for URU each year.. and I equally like the response from either LTH's or previous victims (same club).

But I'm still here, and my money is still in place for my sins.

I love Amtech's very simple undoing of about 10 copy and paste posts from HH. Wheres the substance? Wheres the proof of progress and ultimate commitment from either the old or new owners of advancing this proejct in a key word coming up "measured" way?

That alone is key, but arriving at a measured resource and a 2022 economics and extraction method based DFS with maybe a few administrative hurdles behind us a pulse may well return here.... but until then this is a sleeping elephant. And by that i mean, someone put too many tranquilizers in its lunch..... its in a coma and has been for 5 years. all we have had are the occasional farts and dribbles....

Outside of the company is more exciting than inside the company, but still we do own Ni in the ground and mineral cycles are a slow game... its not a jam tomorrow or even this decade game...

Buy with caution everyone. Equally sell with caution, an elephant is still an elephant.

ATB Ballio

What will that do to people, families, business. It is truly amazing the lack of innovation when solving such huge scale issues surrounding finance. Spreadsheet and rigid theory application proves to fail for many time and time again. Its all just saving face for individual entities and titles, not people or society.

But in the case of gold company share holders at least we stand to soften the blow on ourselves...

Ballio
LTH and buyer.

Yep. Next few days critical to keeping its head above the support line. Then the real moves start upto 1900+.

Ballio

Must be in the next week or 2 max....

chart is working its way into a corner... based on the world outside the chart i see no way it can fall down and out of the trend..... surely?!!!! but stranger things have happened.

Im hoping personally for a wrip up and beyond the 1900 range that will then stick for some time...

Which will be pretty transformational for HUM.

fingers crossed that logic in the market prevails and brings wins with it!

Ballio

Gold is running out of space on its current path as well...

Any day now we are gonna see a move... lets hope it pop and up and out.... and not flop and plop and down....

Ballio.

usually statement of shares in issue precedes a corporate action if there was ever one expected.... a tidying of lose ends.

Lets hope a merry christmas listing on the LSE...

Ballio

who knows, but thats a lot of available shares right now.... fair few m sold off today.

but still the price is propped up....

Ballio

I think you are right Swampy. Crypto has weathered some pretty tough tests over the past few years an has dribbled along but the floor hasn't fallen out. its always kept some kind of base.
When the screws are really turned at a global level there will be i think a large portion of "investors" that get out, but i think the traders are going to be swimming in the blood. And the volatility is going to be incredible... the investors will either get burnt or buy back in at the LOWS. But a cull is on its way in the crypto market for sure. A royal rumble for the little guy.

Meanwhile I think the legacy investment market in gold will show incredible historic repetition and highlight the dependency on gold as a haven...

If we do see the kind of melting of economies that I think is imminent its going to be a VERY interesting time ahead. Mining and
physical assets load up!

Somber but honest.

Ballio

Just a thought on the timings of the new AJ campaign, beginning to think that this is partly about exposure pre listing to give it some traction when it launches as much as boosting product sales and general public brand awareness.

There will be possibly equal number of people who want to own stock as there will be people who want to buy products, the campaign serves both audiences.

Either way i think its going to be a good Christmas.

Ballio

Cant help but notice the very recent influx of cash into newly floated or minor EV manufacturers.

The amount of support for these new brands is incredible on the markets. Rivian is absurdly valued in my view, yet people continue to pile in and push it up...

Lucid another, they are mostyle companies with patents and ip rights but no revenue and saddled with genuinely billions of dollars of debt....

So when people jump in with 3 feet its clear what the future holds. Electric vehicles are coming and fast. People are quite simple NOT investing in the bigger legacy manufacturers in the same way. And when you look at Mcap to revenue or car sales the smaller EV makers show the level of committment from the public about the imminent transport revolution.

anyway, at some point or another that sentiment will trickle down into the supply chain. Mining is and always has been cyclical and macroeconomically driven. The Nickel in the ground isnt going to run away, its only ever going to get more and more and more valuable.

Not happy to sit and wait, but happy to sit and wait.... no doubts about the man (Volderzorb).

good look to all here, have a nice weekend.

Ballio

QoQ sales up
YoY sales down
Sell Prices QoQ UP
Production output QoQ Down

Overall... pretty balanced and investment and or capex in repair and adjustment to pits highlighted.

Seems pretty reasonable summary.

Ballio

i must admit, ive been watching here for a while (a year), and this is possibly all i needed to see to push me to a committment.

selling my Royal Gold position today to buy in here for the long term..

looks like a well oiled, ambitious and achieving business.

I should be part of the family cop.

Ballio

Mr Math, i did the exact same thing. I lost a fair chunk on sirius also. But there are some great dividend plays still around. Great companies like rio when they are on sale, you buy buy buy.

im not intending on retiring for another 20 years so lets hope the new strat works well. Good luck fallen sirius soldier.

Ballio

URU and ZEB both now listed in the Seekingalpha notes.

I will keep on Matt as and when news flows.

BRC need to put their hands in their pockets to keep the lights on soon though.... or someone does....

and no doubt at the expense of our positions... we wont be anywhere near a sale......

Ballio

Similar experiences with Crypto. I have stood on the sidelines trying to understand it, trying to build a rational case to myself and have not really been able too for a fair few years....

I have now taken up a place in a managed fund that tracks the top 15 cryptos's...

I know i will never understand it, i dont have to now, but i have exposure and i continue to read.... when i am convinced i may purchase an individual coin.

Until then Gold is tangible, real, simple in most ways, and dependable unless manipulated but what isnt....

Ballio

1 mine 2 years ago
2 mines in 2 more years, and i reckon a
3rd within 4 years from now (Dugbe).
With lots of cashflow and options to acquire additional sites if they present themselves, im thinking CORA asset acquisition.

No problems.

Gold is only going one direction in the next 5 years. World is a financial shi7 show.

ATB Ballio

if i had the cash i would too.

valuation here and fundamentals are crackers.

Still, im happy to sit and wait. So much truth being posted about the state of the global markets, and specifically US and its currency.

its a long way down from up there!

Ballio

Stay strong IG.

I have faith in you bud....

Ballio