Member Info for nimrod22

Https://www.mining.com/web/platinum-set-for-biggest-monthly-gain-in-39-years-on-eu-auto-policy-boost/

Https://www.mining.com/web/platinum-set-for-biggest-monthly-gain-in-39-years-on-eu-auto-policy-boost/

Doom and gloom even with Silver dropping 10%. Some of the Canadian companies such as Santacruz Silver Mining SCZ up 8% and rising (up 1,170% on the year, and rated as a superstock on Stockp)....(shown as 84% undervalued on Simply, if its algo is to be believed)! There are still some bargains to be had, keep digging.

Have been many articles re JP Morgan and Silver. https://www.nationalgoldconsultants.com/articles/jp-morgan-is-long-on-silver

Janis Joplin's get while you can will apply for the near future.

By all accounts is in a shortage? Is the 750 million oz (reportedly) held by JP Morgan all allocated to back up clients ETFs or do they hold for their own purposes?

Hopefully this is not another Bunker Hunt situation that took the price from $3 to $50 an ounce and then dropped 50% on "Silver Thursday" (March 27, 1980).

Been edging out of Gold mining shares and moving towards the Platinum group metals and Copper, whilst keeping the Silver for the moment. My all time favourite is the Canadian listed Santacruz Silver Mining SCZ. Its up 10% on the over the counter market in the USA today as SCDMD, that's 1,271% in a year, and 89% over the last month. Though Silver has a bad habit of diving just as fast as it rises. I suspect that longer term the PGMs will be a more stable rise.

The electronic board for the London Metals Exchange is open today 26th Dec. Platinum is up 5.1% at the moment. Gold 0.8%, Palladium 5.36% and Silver 3.24%. North American arkets will open in a short while.

23% in a week, with more to come as Platinum continues to rise.

You will have noticed that after the 17th November RNS I mentioned on the 18th that it sounding more like a request for more funding rather than here we go. Sure enough by 8th December its funding on the menu. This will be repetative until they hopefully get some ducks in a row.

Had a small punt on KEFI in the past as well as TUN, but have decided a while back not to invest in companies that are not actually producing revenue etc. There's time enough to invest when something actually happens. The Canadian miners have been on fire over the last 12 months with multiple companies producing stellar results such as SCZ up 1080%, THX (also listed in UK) up 359%, ARIS 347% and specialised companies such as VNP up 153%. There are several available software programs available where punters can run screens to see which companies have momentum, value, low P/E etc and I'd suggest that folks should be using them.

Is on the naughty list.

DM. The next wave is happening or happend with Silver rather than with Gold which may or may not be having a rest. I think silver is acting like a Sunami at the moment, hence my comment re SCZ (two days ago) on the TSX market. Up 23% in the last two days. The biggest problem with Silver is that the rapid rise is usually matched by a record decline, though this is not a Bunker Hunt situation as in the late 70's. There is a large shortage of available Silver and demand has been growing for numerous reported reasons.

Who the hell knows??? but Gold is predicted to be heading towwards $5,000 and SRB shareprice should be on the up. Re PAF, you will be right one day but I don't think its possible to tell what's on the cards. I sold much of my mining shares a month ago after getting Ai bubble burst jitters (re all ships sink on a falling tide), but have bought back in at some loss, but the Silver Sunami is real.

A fair wack in SRB and have top sliced several times, its been a great year for Gold and its miners in multiples. I've mentioned before about being in Canadian miner shares, but can't resist mentioning the junior metal Silver as in Santacruz Silver Mining SCZ.V up year to date 1,037%, and over 6 months 192%, and the last month 70%. The Canadian government is very proactive towards mining companies and has cleared the decks for any regulatory holdups. I guess most will be allready spread across many shares.

Good as THX is, whether on the UK or Canadian exchanges there are other Canadian shares making stonking gains. SCZ Santacruz Silver Mining up 40% over five days and 833% over one year. Andean Precious Metals up 34% over 5 days and 646% in a year. There are several others with oustanding gains, the miners in the Toronto Stock Market are on a roll.

The London Stock Exchange site if you wish to see the trades, there's plenty of them many off book.

The obvious negative to GoldGeezers obsession is that there is big money to be made by all those involved. Shut the mining operation and everybody makes a loss, locals/government/investors.

Epithermal system upside has captured our rapt attention !!!

Sold my last holding in MTL back in September at 12.5p, couldn't see much happening for the following six months and the share price was already going sideways. After reading today's RNS I wondered initially if its just a tease to raise cash, but it looks as if MTL has plenty of the readies to hand, so a buying oportunity is available (despite missing todays rise) . Stockp... still has MTL rated as a Superstock with net profits estimated at 50.3M for 2025 and 84.2M for 2026.

Been a blast today for SRB which is the one of the few UK shares that I'm still holding, after dropping FRES, HOC, THX & PAF and multiple others a couple of weeks back (which was a mistake, but had a moment of panic re Gold mining companies and Ai bubble burst sinking all ships on the stock exchange, plus at 72 being more risk adverse). My moment of panic subsided and entered back in to the Canadian miners section which have taken off today led by SCZ.CVE at a 14% rise at the time of writing. I guess that besides the high value of Gold at present and its comparativly flat performace over the last month (China apparently has bought considerably less over last month, maybe!) the rise is based on the FED lowering interest rates next month?? The Canadian government has gone out of its way to clear obstacles for mining companies which helps to make them nimble and competative.