Member Info for bonker99

Tapping my upper 50s intermediate target then but can she tap the mid 60s long-term channel I painted the other day?

Never mind TV - it doesn't have context.

As I mentioned a few weeks ago, we're looking at an impending Golden Cross of the daily MA50 over the daily MA200 at upper 0.30s in a week's time - one of the best TA signals out there which will put this on many TA trader's radars.

The rapidly rising MA20 is hurtling towards 0.40s applying a bit more pressure.

But

The bigger picture is the IH&S targeting 0.70s/0.80s which is still only around 1/3 fair value here IMO (pre any +ve drill results) but it's a simple bagger for those supporting her at 0.30s/0.40p ...

Morning.

Pretty much my words two years ago forecasting the China issue.

Interesting/unvalidated statement on the MKA board:

"Microsoft’s Chicago data center required 2,177 metric tons of copper or 27 tonnes per MW."

The way AI, and its required infrastructure, is going its hard to see Copper weakening anytime soon.

See my post(s) elsewhere .......

COPPER FUTURES ON THE LONDON METAL EXCHANGE JUMPED TO A HIGH OF $11,000 A TON... NEARING AN ALL-TIME HIGH

https://www.bloomberg.com/news/articles/2025-10-09/copper-gains-as-fed-minutes-show-broad-support-for-rate-cuts?embedded-checkout=true

Up and to the right remember ;)

Not a surprise to see if bounce 100% from the bottom as there ae no sellers - nobody is going to sell shares down here so I guess a bounce of some magnitude is kinda inevitable subject to death spiral shenanigans (or is it meant to just look that way ........) that could send her back down again - who knows but again, crazy to gift shares back to the spivs down here ...

Copper +2.5% @ $5.23

New ATH for Silver but Jay Powell is jawboning in 6 minutes time ......

Powell jawboning in ten minutes time ...

No idea on Graysland mate - there's a blast from the past!

Any word on Chiffa? ;)

Some commentary on the chart/targets etc.

https://x.com/bonker99/status/1976223779492892675

Gold sure won't be at $4k by the time they come to mine Carlow but it's the current price so reasonable to use it :)

A decade of TA taught me that reverse-extrapolation was a thing, i.e. take a final (bigger) number and work it back to its root number (smaller) as it were - having done that you then understand how to do it going forward via the same pattern/percentages all based on any project's NPV.

Don't take my word for it - do the leg work yourself - find projects that sold at a fraction of the NPV (as they all do) and come up with an average market valuation at PFS/PEA vs DFS stages - it's not rocket science but you've gotta do your own leg work ...

Hargreaves Lansdown also carry $CTH.

When was the last time results weren't stellar?

So much more to come here .....

Re NPV10 - that's with Gold @ $4,050 BTW.

Blue touch paper about to be lit here and elsewhere I suspect.

Tick tock.

I was in the red for two years at MKA mate but I've made far, far more there than at FRES ...