Member Info for FatherTedFeck

And they generally have only a superficial understanding of drill results, for one thing.

Why such a disappointing week?

Gold stocks have been topping...the momentum surge has slowed and so many people are looking to trim their 2x+ profits. Now this is a very big and frisky baby bull market, but nothing goes straight up. And it's just been born, so it's not like everyone is all in...long-termers are still traumatized by a lost decade in gold and resources in general. Then as well, gold etc has rocketed up, which attracts people who wouldn't know a porphyry from a potato chip, and who maybe trade on charts, maybe on a hunch.

So the wise and the scared and the ignorant are all looking to sell a few sometime, and maybe that time is now for some. And maybe they're wrong? Bull markets go and go and go...with each leg up getting over extended. And this gold bull market looks to be a doozy from it's early form. The brave and the patient will outperform the nimble and the clever, if it really does roll on for years.

But anyhow, I trimmed quite heavily because I'm spooked by the Grasberg incident. It's still my biggest bet though.

Aren't they the Geo's that found Alpala?

I thought he presented very well. We don't need a gameshow host for this.

Yes no one should use the term "reach out," unless they're in The Four Tops.

Bradaboy, that is.

We found the TV watcher.

Does America have the spare smelting capacity anyhow?

The paranoid pretend to know a lot more than they actually do.

I got one foot out the door. Nothing wrong with her, but I'll be dead soon enough. Gotta play the course you're on.

If eee is what it looks like, then it's a rio vs bhp screaming match to $20x from here. I was too busy making 10% a week in goldies to assess them correctly.

There's real opportunity in the UK market on mining stocks, because the global clever-dicks in this field are really focused on Canada and Australia. Ti-bloody-tanium is off all the pros attention screens....we've all only got so much bandwidth, and the periodic table is too bloody big.

We have some volume, so we get randoms talking about random stocks. So leaning into that, I saw that triple-e stock about 5x ago, and I couldn't believe how awesome they were. Never bought none. Whoops!

Yeah well, even half of that would be wife-changing money for me.

Plus the value of production in years 20-100?, which dcf/npv never reflects.

And Tandayama is likely to provide an outsized boost to this, due to enabling much faster capex pay-off. (Outsized relative to its merits as a hypothetical stand-alone project.)

Any drill program will be a bit flexible based upon what the earlier holes find. Drilling a few extra holes is encouraging.

Do you know how to value ships?

Tandy doesn't have to be great, ok will do, and we're already there. It doesn't have to justify the capital costs...it's very handy just as an entre.

That's actually a really good list of negatives nal. Although if you believe the first point you're out of your mind.