Member Info for leehardcastle

Well I imagine it’s going to be one of many moves where we divide the East from the West, it’s a Heavy oil resource grab from the West, I imagine China will take Taiwan next, control micro chip supplies, an asset grab from the East, China just restricted silver exports as of January 1st, so that’s them securing silver and starving the West of it, critical metal for the AI, solar and battery industry, Trump just made it seem not so bad when they do take Taiwan, tit for tat.

My point is it’s the uncertainty that will most likely create even more demand for gold, time will tell, but I don’t see the gold price coming down because it’s chaos and uncertainty creation.

Happy New Year everyone, it’s a pleasure to be in it together, great insights, high spirits and let’s enjoy 2026.

Major, you know so little it makes me laugh, you are truly blind, you scoff at everyone yet you cannot explain why silver has gone up 140% this year? Let me guess, you think it’s geopolitics or Trump tariffs, when you look into physical facts, follow experts with actual data, you would understand the situation, instead you come across as stupid, you still believe the Financial Times is giving you the facts, like gold was in a bubble at $3300, where did you read that nonsense, where ever it was you even made bets you had the correct path for gold, but alas you had that wrong too, your lucky to be invested in MTL, I imagine you’ve lost many an investment in the last past, following the news papers advice.

2025 was a very solid year for MTL, 31st of Dec 2024 we had a 5.35p share price and today we are a fraction above 15p……that’s 180% gain and so we certainly can’t complain.

Tomorrow is the beginning of a year where we will see a multiple of new value appreciating moments become real, whilst the engine at Runruno cracks on bringing the cash home to make it all a reality, free of debt, even cash accumulation. Hold onto your shares, the best has yet to start.

As usual the main media do half a skewed job on what’s going on in the precious metals sector, he reports Gold up 60%, Silver trading at $71 dollars, forgot to mention Silver is up 140%, but had to mention it is volatile, a roller coaster, the narrative is always to skew investors away from them, the truth is the volatility is not prices up then down, it’s a zig zag higher and the shortages for silver are real, Musk is very right about it being a problem, shortages of anything increase price, shortages of a product that’s key to this new green world and AI is more than a little problem. Happy New year all.

Accipiter….Simms was correct, it’s £1m in value purchased around 15.65 and 15.75p this morning, that is extremely bullish, think we may have something very interesting coming our way.

It’s a shake out today, we always get a pull back before the next leg up, it’s easy to create a large move when the market traders are on holiday, hence the 5% to 10% moves in gold and silver, it’s easy to tweak a paper number, but try getting the actual metal at that number, it’s not available, sold out, or just being held back till the inevitable rise next month, don’t be spooked.

The market can be manipulated during the holidays as normal market participation isn’t in play, hence the huge moves in both directions, it will be back to normal in January.

Retired banker, I understand your logic concerning solar panels and the problems that creates from vastly higher silver pricing, but the price of silver will increase once supplies run dry, will they run dry? Most likely as we know current demands are set to increase, but supply can’t for another 5 years minimum, 2026 is to be the 6th year of supply deficits, how long can you have deficits? My point was manufacturers will have to secure silver to continue, and so buying at massively increased pricing to secure something you critically need is just market forces, and yes they add cost to the final product, but as silver is just a small component in most devices, the cost increase is still relatively small in relation to the products retail price, solar panels have come down in price, and if they have to increase again then that’s tough, they sold at twice the price in the past, so they have room to increase pricing again.

Palladium in catalytic converters was part of the reason it 5 folded in price, just one device for the car industry had that effect, you couldn’t sell a car without one, so you had to secure the material at all cost, that’s one use of a material, silver is critical in dozens of industries, we haven’t an alternative, so can that effect silver pricing many multiples in price? Logic tells me it can.

Silver comes out of the ground at around 10 to 1 compared to gold, why should it sit at 75 to 1 in price when it has even more important roll in our world? Good for thought.

Ah you say that, before silver was traded as a paper contract and 99% of contracts where delivery never took place, we had a gold to silver ration of 15 to 1 in 1970 and again 17 to 1 in 1980, dates where true value of silver shined, and so we have a period coming to us soon where the paper trade is not important, the whole world wants silver, it needs silver and when it’s physically not available, the price can rise beyond imagination, and a 15 to 1 ratio can repeat history.

Imagine a smart phone has $1 of silver in its circuits at $60 dollar an ounce market price, and silver runs short of supply, you can’t make your smartphone, would you pay 10x the price to secure silver if it allowed you to continue producing smartphones? The result of that would price the phones silver at $10 and would add $20 to the retail price, no big deal on a $1000 smartphone, 2% price increase to $1020 is not the end of the world.

Silver has been in a physical deficit for over 5 years, 20% mining production short of physical demand each year, and we have no alternative to silver in electronics, and we have no fast solution to increase mining output, so the shortages are appearing now, and will continue, this is a new set of circumstances in play, so anything can happen IMHO

Hold onto your silver and MTL.

I make sense of what I read, and only repeat what I believe is true and makes sense, then I get on board and wait for the theory to come into reality, I bought my weight in silver when it was under $30 and won’t be selling it till the gold to silver ratio gets to 15 to 1 or lower, patience will bring that day to fruition, gold at $9000 an ounce could have silver at $600, we had that ratio before and this time silver is in demand and in a deficit of a lifetime, so could find an even lower ratio this time, I mentioned silver as a buy recommendation when it was $30 a few times on this platform, I also said we would see $5000 gold before we see $3000 when it was $3300 and some said it was a bubble at that level, no names, it’s Christmas, very exciting year or two for us in the know IMHO

My view on the silver market is the short traders are being burned as the physical metal just isn’t in enough supply to meet demand, the paper trading suppression is coming undone as the market is standing for physical delivery, and that’s a complete change in long standing conditions, all short positions have to buy at some point to close the position, but they are losing the battle as the metal is being removed from the market, some large scale well known industry are going direct to miners to secure silver before they sell to the world market, the Chinese from this January are restricting silver exports, keeping the metal for Chinese prosperity, further reducing world supply, the USA have put silver on the critical resources list, and so are now stockpiling, decades of manipulated low silver pricing had left silver unloved and hence stagnant mining outputs, just as demand for for AI systems, Silver tech based batteries, solar panels, Central bank buying and investor demand has appeared, the situation has become critical, and silver is going to explode higher in price as the world cannot operate without silver, the scramble for the metal is going to be dramatic and hence we can expect massively higher prices, that will drag gold along for the ride, so anther tail wind for the gold miners, as we know new mines take 5 to 10 years to become reality and so don’t expect a solution any time soon, massive upside ahead for the precious metals. iMHO

I’m pleased to have hammered home the MTL banner, I hope it’s helped a few stay the course, we have many positive posts from me, and they have been fulfilled, if you increased or held your position this year, you have done well, that cannot be argued.

2026 is very much more interesting than 2025 and as such I see a lot more interest in MTL from outside parties, with that a consistently higher share price, I have pegged 25p as a minimum next year, with gold at $5k I think that could be 30p plus, and so I hope those in the know can hold onto your shares, it’s all you have to do, ignore posts that try to question your beliefs, they do not have your interest at heart, we currently sit in the finest position possible, Merry Christmas to you all.

$4500 became reality tonight

Milestone reached.

It’s because of you guys I took a look under the bonnet of KEFI, I respect your knowledge, but I did decide after yesterdays raise to leave alone, I wish you the best with it of course.

Thanks tml1…I was happily reminded why not to invest in such early stage mines, I know where my bread is buttered, MTL is to gain is deserved recognition, it’s been a brilliant year for all here, and next year will repeat this year, have no doubts, enjoy Xmas and the beginning of 2026 (La India year) is just days away.

2026 begins In a matter of days, where I will be using this phrase at the start of every post,

“Later this year, La India will produce…….”

That’s right, the long wait from La India inception and ideas becomes reality with a production start year that matches the one your in, that’s a massive plus for those with short patience.

Happy new year 2026 🍾

What might happen is all I here from some, less so of what has happened, the fact gold just hit an all time high, and that La India’s build is ahead of schedule, that Runruno is about to make around $50 million FCF in just 3 months because we are a gold miner, those are things actually happening, so instead of saying the sky is falling in, celebrate a little when we have the victories, I would have more respect for some on this board.

Margins are off the chart, going to be a merry Q4, and a happy new year.

Just in case you didn’t know, Nicaragua is Central America, not South Americas.

Central America is a narrow, isthmian subregion of North America, linking it to South America, comprised of seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama, bordered by the Caribbean Sea and Pacific Ocean, known for its rich biodiversity, active volcanoes, and mix of indigenous and European cultures, facing challenges like poverty but also boasting vibrant traditions and popular tourist destinations.

Not really know for drug barrons.