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Never seen so many videos online about potential incoming false flag events as that are circulating atm.

Sea of red

Reminds me of the markets when Covid was breaking out across the globe.

Iran war

Inflation rocketing

Meningitis spreading

US needing to re finance trillions in debt

Money printing like crazy

Conspiracy theorists online talking about some kind of false flag attack incoming? Possibly on the tech company buildings in silicon valley followed by boots on the ground in Iran....

Time to go and re stock the Larder ! :-)))

They certainly do need massive inflation

The US has trillions coming up to refinance.

The can't pay their debt without inflating if away.

The money printer will be running smoking hot 🔥

Then you'll see some crazy moves north in precious metals

Just need to view PM prices through the optics of monthly and yearly moves rather than day to day as things are bound to be more volatile on smaller time frames.

Tro.. looks like it.

I remember a few years back when BZT SP was at all time lows when their Indonesia license for their Mankayan project was up for renewal and hanging in the balance, they managed to get it renewed when many thought they wouldn't and they then spun that license out into another company that was then acquired by an ASX listed mining company in exchange for shares and BZT have.beem able to raise millions from realising those shares and fhe company has multi bagged since then.

Had they not got their licence renewal they still had their African assets.

With PYX it does feel a more binary bet.

Get the licence back in good standing and it should multi bag ( that's why im watching it)

No license and not sure what else they have other than the listing, bur you need either an asset or cash to remain listed.

Its basically priced like a shell company now, but news on late filing of their accounts has turned the risk factor up even higher.

Re PYX

Continue to watch from the sidelines

And even i'm peering through my fingers from behind the sofa! :-)

The reality is the FRES has gone from earning around just $3 per Oz of Silver mined a couple of years ago and it was trading around 1000p at that time.

FRES is now earning around $60 per oz mined.

This is a simply massive 20 x fold leap in profits

That isn't yet reflected in the SP.

GLA

@ID78

Agree with all of that. 👍

The mass money printing going on atm is only going to see metal prices run higher over the coming years.

The silver supply shortages aren't going away either.

The fundamentals remain incredibly strong here.

FRES is throwing off record breaking staggering levels of profits.

Reminds me of the weakness we saw in the markets this time last year when the trump tarrifs were announced and the dumb money sold tbe dips.

Whilst the smart money was made by those buying the dips

This just keeps getting bigger and bigger

.....and it remains open in all directions.

GLA

"All Wars are banker's Wars"

Agreed with that

This has seen some crazy whipsaw moves recently

Ok, I thought you meant that.

But you had written.....

"I have Just been contemplating our new MRE - what difference would increased cut-off grades make to the Telfer MRE - "

We don't want increased cut off grades we want lower cut off grades.

I think we are the same page here. 👍

An Increase in gold price doesn't increase fhe resource BUT it impact the NPV

An increase in the resource size can be achieved by LOWERING the cut off grades NOT increasing them!

Cut-off grades serve as the economic dividing line between ore and waste. This distinction is crucial because it directly influences the size and quality of a JORC-compliant resource.

A higher cut-off grade results in a smaller but higher-grade resource, while a lower cut-off grade produces a larger but lower-grade resource.

The determination of cut-off grades isn't arbitrary—it's a calculated decision based on economic principles that separate valuable mineralization from waste rock.

"When things go badly, people become cautious. Then their caution causes things to go well, and when things go well, they become incautious. I think that’s a forever cycle". — Howard Marks

Called the take out from May last year.

Easy 100%+ from the entry at that time.

GLA

Just seen that MDH getting decent media coverage today

Nice 1 Tro

Silver up strongly overnight

https://www.kitco.com/charts/silver

Re ARV

As Tro knows, I was in ARV just after they raised around 0.20p

I doubled my money in around a month and sold out as I needed it for another purchase.

I noticed the drop on the day they announced the AIM delisting

It's a sad indictment on AIM that small caps continue to leave due to the regulatory cost (approx £500kpa) just to maintain the listing

Compared to aquis (just over £100k pa)

For a exploration company that may only raise £1m per annum, half of that it getting burned by the advisors..

They need to do something about those costs for pre revenue companies imv.

Hi Trek,

Been watching LND for a while.

Remember what happened with Pure Gold, that collapsed with the new owners blaming the old BoD claiming they didn't understand the deposit and it all went bust with the mine being sold off and company delisted.

I understand a class action has been started against the former Bod, but not sure where that is.

Another class action moving along is COPL another Canadian company but in the oil space, shareholders seem positive they will get a win.

Anyway... im guessing having two Canadian companies go under for reasons of things not appearing as they should be hasn't help LND.

I've not done any research in the new CEO or whether Sprott or Rick rule are still about or involved.

If Sorott is still involved, I might be interested

I've been in and out of Galantas Gold which Sprott has backed and that's up over 500%+ YTD... but with a much larger asset than LND (all relative though.

Re LEX.

If that was in Australia with a more vanilla structure it would be many multiples of the present market cap.