The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Pleased to see we had successful drill , I wonder how long the results will take ? all at surface so should be highly profitable if we do get decent grades , quite exciting for a company with such a low m/cap
David
I have had a lot of multi baggers this year - eua - 75 bagger - txp 9 bagger - odx - rms at 0.44 10 bagger and rinse and repeat from 2p buyback , and a few others - rms - zphr - tils and a few smaller bets I can't remember - am up over 400k from a 50 k p/f oct 19 when EUA went ballistic , I know exactly where you are coming from , you put 20 k into txp , and take 25k out at 120p , but you are still left with TXP being a huge proportion of your P/F , I have massively de risked EUA - down to 38k , after making obscene gains , but here I see as a safer bet , but as the SP increases the temptation to re balance my P/F increases, however , finding a home for all that money is not an easy task , Oil should be a good bet now Beijing Biden has cancelled Keystone xl pipeline ? Gold and silver look safe bets and possibly great bets if they stop manipulating the markets , with Covid and commy biden these are certainly unusual times , I am guessing green stocks will do well , but they all look extremely overvalued , but that is not to say they won't keep rising, howeverI am sticking to my plan , buy and hold undervalued stocks , not jump on overvalued stocks , I expect a big crash on dreamer stocks
Darf
NP - been watching a lot of vids wit high profile commentators saying how Gold markets - and silver are rigged
https://www.youtube.com/watch?v=O4DeNbm1BNU&ab_channel=GoldSilverPros
We revisit the Basel III requirements that are set to wreak havoc on the London unallocated gold market on June 27, 2021. We also discuss the potential affects this has on vaulting gold toward its CPI adjusted high of $3045.
https://www.youtube.com/watch?v=O4DeNbm1BNU&ab_channel=GoldSilverPros
We revisit the Basel III requirements that are set to wreak havoc on the London unallocated gold market on June 27, 2021. We also discuss the potential affects this has on vaulting gold toward its CPI adjusted high of $3045.
Touchstone Exploration (OTCMKTS:PBEGF) Rating Reiterated by Canaccord Genuity
Posted by Phillip Gast on Jan 17th, 2021
Touchstone Exploration logoTouchstone Exploration (OTCMKTS:PBEGF)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a research report issued to clients and investors on Friday, AnalystRatings.com reports.
OTCMKTS:PBEGF opened at $2.17 on Friday. Touchstone Exploration has a 52 week low of $0.28 and a 52 week high of $2.32. The firm has a 50-day moving average price of $1.77 and a two-hundred day moving average price of $1.24.
Looks a big old factory $1bn
By Mary Page Bailey | January 19, 2021
Mitsubishi Gas Chemical Co. (MGC), Mitsubishi Corp. (MC) and Mitsubishi Heavy Industries Engineering (MHIENG) have teamed up with the National Gas Company of Trinidad and Tobago (NGC) and Massy Holdings (Massy), a joint venture in the Republic of Trinidad and Tobago, Caribbean Gas Chemical Ltd. (CGCL), to launch commercial operations of a methanol and dimethyl ether (DME) plant. The plant is located in La Brea, Union Industrial Estate. The total investment in the site is approximately $1 billion.
mitsubishi
Caribbean Gas Chemical Ltd. (CGCL) launched commercial operations of a methanol and dimethyl ether (Source: MGC)
CGCL was established in March 2013, and it completed construction. Fueled primarily by natural gas sourced from Trinidad and Tobago, the plant has an annual production capacity of one million tons of methanol and 20,000 tons of DME. It began operating commercially on December 18, 2020.
https://www.bnamericas.com/en/news/trinidad-forecasts-challenging-year-for-gas-output
Khan said that the ministry and Ryder Scott are expected to begin data gathering for the 2020 audit in March and that Ryder Scott will provide independent assessments of the Chinook-1 and Cascadura Deep gas discoveries by Touchstone Exploration in the Ortoire block.
“Touchstone has estimated that the block could have as much as 500-600bcf of wet natural gas and produce in excess of 200mmscf/d of gas, and as much as 4000 barrels of condensate per day.”
The work plan may include a remapping of fields such as Parula, Bounty and Endeavour drilled by EOG Resources and Shell.
Just spit balling , a lot of commentators are predicting huge inflation , does this incentivise anyone with cash to make purchases ahead of this percieved erosion to any piles of cash they are sat on , hence improve the odds of a buyout ?
Most if not all commentators are also forecasting big increases on all commodities , this may also improve the landscape for a sale ?
Kevman
To be fair SXX was huge capex and risk , the best advice I have ever heard - Buy mining companies in lowest quartile producing costs , low risk engineering , and low capex - Nicola Duke - Ever since sticking to these golden rules I have done very well in mining stocks - Indeed it was the reason I invested in EUA in the 1st place
e offering comes amid a monthslong rally in precious-metal prices
Modern-Day Gold Rush Has Investors Digging for Profits
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Modern-Day Gold Rush Has Investors Digging for Profits
Modern-Day Gold Rush Has Investors Digging for Profits
The price of gold is going haywire, driving a frenzy of investment that’s calling into question the metal’s reputation as a safe-haven during times of economic uncertainty. WSJ Explains. Illustration: Liz Ornitz/WSJ
By Alistair MacDonald and Ben Dummett
Updated Jan. 20, 2021 1:04 pm ET
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Russian gold miner Nord Gold UK Societas, or Nordgold, is looking to list in London as early as this summer, capitalizing on the precious metal’s long price run to become the largest mining company to float globally in at least five years, according to people familiar with the matter.
Nordgold’s initial public offering could value it at more than $5 billion and would float over 25% of the company, some of these people say. With two Canadian gold miners moving their listing to the U.K., Nordgold’s IPO is a boost for London’s financial district amid concerns that Brexit makes it less attractive.
A spokesman for the U.K.-domiciled company, which has 10 mines in Africa, Russia and Kazakhstan, said it is evaluating various strategic options, which may include an IPO on the London Stock Exchange . He declined to comment further.
The company has already hired banks to lead the IPO, according to a person familiar with the matter. Bacchus Capital is Nordgold’s financial adviser for the possible offering.
Gold has fallen 8.5% since highs last August, but the precious metal is up 57% since the summer of 2018. That long rally has been fueled by ultralow interest rates, which make gold more competitive against yield-bearing investments, and as investors looked for havens amid the spread of the coronavirus.
poor old 88e have been screwed by Biden , can't see them getting drilling permit now , I would say USA has a fair degree of risk now we have Commrade Biden at the helm , I actually like Russia , they have kept their economy open TSG kept mining throughout covid , and they are underground mine , Russia has good infrastrucure and power supplies , beats the hell out of Africa imo , and they have low costs
Mac
Yes , SXX was a nightmare , these various oil companies are constantly in court too , forget which one was taken to court because oil was polluting the planet lol , I am holder of TSG , and watched the Crux Investor video , the interviewer gave him quite a grilling on USSR , the CEO hit him with lots of hard facts , and the interviewer was accepting of them , USSR has a pretty damn good record in the mining space, perfect in fact , although there was an issue with an oil company
tbh, the worst place to invest in the mining space would be anywhere in EU , or UK , the amount of planning appeals , protestors , subsequent appeals , environmentalists , extinction rebellion , not in my back yard brigade - Nightmare
Joined you guys with a 5k marker , impressed with interview and today's RNS , have been looking to find another gold producer , as I only have one other Producer, Beijing Biden printing money for fun should be good for gold
no small feat passing all those tests
https://www.asiaone.com/business/mitsubishi-corporation-commercial-operations-commence-methanol-dimethyl-ether-plant
TOKYO, Jan 19, 2021 - (JCN Newswire) - Mitsubishi Gas Chemical Company (MGC), Mitsubishi Corporation (MC) and Mitsubishi Heavy Industries Engineering (MHIENG) have teamed up with the National Gas Company of Trinidad and Tobago (NGC) and Massy Holdings (Massy), a joint venture in the Republic of Trinidad and Tobago, Caribbean Gas Chemical Limited (CGCL), to launch commercial operations of a methanol and dimethyl ether (DME) plant.