Member Info for Jezzoo

To be fair and I've said it before, Ray is alright given the chance.
He's like me, he won't back down !
LOL !

Can we just move on Shipright ?
Blame takes many forms on this board.
Lets see how it pans out eh ?

DBW is correct, we have a chance to kind of get along.
We don't have to agree or be falsely nice at all, just a bit of civility will suffice.
I much prefer this board as it's been the last 24 hrs.
ATB and good luck to all here

I for one am extremely pleased my possible 10p scenario never happened.
The panic is over for now but the fundamentals that existed before the drop are the same.
We are just that little bit closer to a catalyst to a bid IMHO.

Crude is holding steady at the top of the 80's, I think OPEC could send it into the mid 90's tomorrow if they cut production.
$90-100 dollars for the foreseeabe future will see BP nearing £5 in the next 3 months I think.

Rednight1
I hope you don't mind but I nicked that for the XTR board.
Interesting reading.

Part 2

"Using the 2008 playbook risks selling commodities at the bottom of a cycle, missing huge potential returns over the coming decade.

That's because, when investing in natural resource equities, the commodity capital cycle is more important than the broader economic cycle."

"The key point is that even if we were to go into another recession, it doesn't necessarily mean that commodity prices will fall in lockstep, as they did in 2008. In fact, they (and resource equities) are likely to hold their own and do quite well, because unlike in 2008, commodities are undervalued...

he radical undervaluation of commodities and commodity related equities is greater now than it was back in 1929, and the level of capital starvation is just as great. History tells us that commodities could again be an excellent place to seek high returns..."

"G&R's Commodity Prices/ Dow Jones Industrial Average chart shows that there hasn't been a better setup for commodities than now, over a time frame spanning 120 years. Especially when you consider the current rout in the stock market and the pummeling juniors are taking.

With the penny juniors in the mining area falling off a cliff on Friday with massive drops across the board, we are starting to see capitulation. While it is painful to watch your investments dropping by double digits daily, this is where wise investors make their fortunes. The market will rocket higher just as soon as those silly investors who used margin finish selling off the last of their investments just to meet a margin call.

These sorts of opportunities only come once in a lifetime. Prepare yourself to rake up the falling fruit. ...

"Weak hands buy at tops and sell at bottoms. Strong hands buy at bottoms and sell at tops. It's vital that investors remember that at every top there are 50 reasons to buy, and at every bottom there are 50 reasons to sell. That's what makes them tops and bottoms."

I personally can't think of a better time to pick up deeply undervalued and high-quality junior mining companies that are poised to capitalize on the decarbonization and electrification trends that are central to the new economy...."

https://www.kitco.com/commentaries/2022-09-29/Strong-hands-buy-at-bottoms-and-sell-at-tops.html
"It's not an exaggeration to say that copper is essential to decarbonization; nothing happens without it. "

"Although the copper price has retreated from a record-high $5.02 a pound, reached in March, the bull market for copper remains fundamentally intact — bolstering the case for investing in companies that mine the orange metal and exploration companies ("copper juniors") that explore for it."

"Again I have to ask, where are we gonna find the copper?

The obvious answer is, mine more, but that is easier said than done.

Bloomberg New Energy Finance (NEF) estimates that in 20 years, the world's copper miners must double the amount of global production — from the current 20 million tonnes annually to 40 million tonnes — just to match the demand for a 30% penetration rate of electric vehicles.

This is a tough ask considering some of the world's largest mines are seeing depleted copper reserves and lower ore grades, so it would be difficult for global production to even maintain a 20-million-tonne-per-year pace."

"Fitch expects growing deficits from 2023 onwards, peaking at 9 million tonnes by the end of the decade, as demand accelerates, "mainly driven by consumption related to the green transition."

The firm also sees steady improvement in prices over the next five years, with the metal returning to its March peaks above $10,000/t in 2027 and $11,500 in 2031 as "a long term structural deficit emerges."

"About 20% of Barrick Gold's production now comes from copper"

As Bristow has said ""Copper is probably the most strategic metal, and it's geologically related to gold," he said. "So if you want to become a world-leading gold company in the fullness of time, you are going to end up producing [copper]."

"The expected shortfall in copper supply and the inability of recycling to fill the gap, measured against robust demand for copper from both traditional and so-called "green" applications (mainly electric vehicles and renewable energy) bodes well for companies exploring for copper. After all, they are the owners of the world's next copper mines."

I have a confession to to make;
I topped up yesterday so that's why the SP is stationary.
Sorry......

Stas20:
Spot on with your last post.
This country ( and the West) needs to "Non specific Gender Up" to use the vernacular.

Mmm, I don't remember the Jesus H Christ term of office.

My mum's dead unfortunately and I'm not sure I understand the question.
In some major religions it's not down to how a woman feels it's about what she's allowed to do by the men who are in charge. A woman in these religions is officially a second class citizen. something I find despicable. But that's alright with the righteous apparently, just as long as you are a follower of that religion.
Under other religious doctrines it's actually illegal.
So what's acceptable ?

I doubt it, there won't be an election until 2025 and hopefully by then all this grief will have been forgotten

to see everyone is just about getting along here over the weekend. Thrashing out differences without resorting to gaslighting, belittling, insulting etc.
There is a one common denominator too
One person is missing.
And it shows.
Admin should take note.

Should be interesting

FOMO kicking in !

Lol ! It's obviously faulty
Wrote spud meant completion.
It's Friday !
Beer oclock in 1 hour.

I'm surprised this hasn't started to move up yet.
Spud could be anytime.

It'd better be a halal pork pie.

Cygnus7: Yeah I get that, that's why I previously referred to him as HOTTHICKO !
Lol !
Personally I'm expecting a GREAT Xmas bonus here this year, in CB we trust.