Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hi Rob. Well I have been adding here and up a v nice % currently with ave around 3.5 p not wanting to go much over my favourite 4 p ave but may go to . Would just add a bit of my customary caution with the well known phrase. Buy the rumour , sell the news. I am v happy with the market sentiment here recently. It is easier mentally to buy with a sustained rise .
Re Bitcoin , first etf starts trading tomorrow. I am still v bullish on those miners and adding. Currently working away doing crazy hours for some timely punting cash.
Re goldies, $2 k gold the new $1200 seems to me. Producers are way off their 2020 peaks . They have continually put on like 20-30% for a couple of years only to give it back up . I am hopeful for this year on all fronts. Also into quite a bit of us tech. Hope you enjoy the film. Not seen it. I just look at the graphs, supply etc. Havnt had one go bust unlike Aimees.
Still a hell of a lot to be sorted here yet and yes dilution is the next enemy. That is where Bitcoin is good, if you have a Bitcoin it never gets diluted unlike the printing press fiat money . Anyhow good luck all , it’s good to have a good rise
Magoogle. Good post. I have long since given up trying to explain the ammount if drilling needed to prove up a resource that many post as if a formality. The $20 m wouldn’t have touched the sides. Worth keeping close eyes on collective and their raising already. Of course they have the benefit of industry respected and proven bod.
I sold here around 8 p and transferred into Cnr where I have held on and off for around 13 years. They produced a bfs late last year and fully permitted . Total resource 2.4 m and 600 k proven and probable. Their m cap is currently around £50 m. Just sold out of Shg which is a 100 k oz producer for £150 m This is way off any resource and staring at major dilution whatever way you look at it.
Buritica had a resource jorc estimate of 11 m oz with 3.6 m in the proven and probable cat. Peeps have used buriticca for justification for crazy valuations with no regard to timescales or dilution let alone jurisdiction risk.
Does it mean that you cannot make a profit from here, no is it highly speculative , yes . Good luck
888, I think some here tend to read and then try hyping up what Is communicated. Anyhow, I think for a change we are reading similar. Having a number of goldies and a couple of silvers, no matter the high gold price, the share prices are way off their 2020 peaks. Fair to say there should be scope for further rises if pog continues but nothing guaranteed. This is why I have been more cautious on valuation than most. I have often used Shg as a comparison here . The argument against it was that you couldn’t buy Shg for anywhere near the m cap yet Here we have Shg being sold by the bod but also nomad for around £150 m. I think none of the recent aquisition examples show an eagerness to pay big bucks yet. Being in advanced talks is good. Not sure it guarantees an auction situation but it could. One or both could fall by the wayside but hopefully we are heading for a bid. Fingers crossed.
I been disappointed with Shg , I just do not see that it is a good time to sell, I think a years time with proven commercial production at 100 k oz and further exploration would be sensible, coinciding with pog higher hopefully.
I have sold the majority of my Shg and stuck it in various places as Shg is now static in a hot market elsewhere currently but obviously could change. I hope there is a better outcome in Shg and it is possible. Good luck there. And here .
Hi 888, the only bit to focus on imv is
The sales process is taking longer than anticipated, but the Board is anticipating that further progress will be made in the New Year. So wondering why some posters speculated on news before Xmas etc . Also states no firm proposals.
This is a bit away from a done deal imv but hopeful for a conclusion.
Of topic (dangerous ground) are you holding on with Shg ? I decided better to get the cash working asap . Market is hot atm. Could well be that the offer doesn’t get voted through I guess or possibly a rival bid.
Jackbal, have you exited Shg yet, I am largely out and it has been a very productive week or two on the us market particularly. Bitcoin proxies and tech really been tearing it up. Couldn’t see a point in waiting in Shg for a maybe rival bid .
Hi Rob. Let’s hope so. I think if it’s going to happen next year is likely to be the year. Looking at my goldies currently , they are way off their 2020 highs. Long way to go to just re claim that. Which may well point to some good rises if it is a sustained bull market.
What is more guaranteed to me is the Bitcoin bull market we are entering. Already huge gains made in the last year.
Bitcoin miners are way the best performing miners in my pf . Clsk and Mara up around 250% just in this year. I know like many you are not believer but would advice keeping open mind. I could have been paid in Bitcoin for a job about 9 years ago by a mate when Bitcoin was $700 and is now $42 k and likely to be at least $150 k by the end of this cycle.
Like with gold Bitcoin miners are likely to go up multiples of the Bitcoin price. I understand not wanting to get involved in crypto directly but proxies like miners or my favourite microstrategy can be held in a isa.The conditions for gold price rise are also good for crypto.
I have been adding some U.S. tech this year too with good results. I have had too much exposure to hold particularly since 2010 and it hasn’t been very rewarding. I think it could well have a good run and I have decent exposure but certainly not banking on it but it is best to be able to change course so if it suddenly has a major test out will swap and add.
Good luck got the upcoming year
Https://oilprice.com/Metals/Gold/US-States-Make-Bold-Move-to-Reclassify-Gold-and-Silver.html
Interesting one. This is where tokenised gold makes sense
Slipperry, 0£3.93 a month after permits lol. I could certainly write a book on the pathetic predictions of many on here.
The thing Zi do find amusing here is how the posters that have got everything so wrong here over the years think they are the bb moderators. I don’t need your permission to post Nero ! And idly I share thoughts that would benefit some p
C d. Had a good run in a vax. Eth has been my major hold until recently , been transferring to a vax, sol, polka dot and a few alties. Eth too pedestrian.
Been in and out here but long on clsk and holding Mara , bitfarms and a couple of others .currently holding a bit here. Want increase in isa coverage . Have you checked out the 6x Bitcoin gains vid ? . Worth a watch. Food for thought.
Https://m.youtube.com/watch?v=VRro7OBdIJw
Rider, this is who I pay attention to. My crypto pf has trebled this year. Sol up 1100%. Crypto miners and micro strategy is where my cash has been going mainly in isa. Cleanspark 500% Mara 700% up this year.
I know there are mostly disbelievers here but anybody that has an open mind to making cash really should do a bit of research imv . Been swapping Shg there recently.
Good luck for the new year guys.
Https://m.youtube.com/watch?v=b4ZQI0Luz9w
Cd, this is the on I think. I like this guy vids.
Been strong on sol for a long time.
C d, Watching a piece by James at I a saying about crypto miners should rise 6x more than Bitcoin. I am in a host of miners and got them in my isa. Going to continue this strategy next year . Also holding and adding microstrategy .
Having a ball in sol which thankfully is my largest holding with avalanche. Been swapping out of eth. Too static now solana has taken off. It’s only just starting hopefully
Good luck.
Immerso, this was primed to move as soon as the placing was completed. Do you think this character is more respected than our very own billionaire master investor who has been plugging Cnr ? A bit of a coincidence that the timing tallies with the placing completion ?? A few promotion pieces will be timed for that event. Proactive etc.For me this is a fanciful story, no doubt it may have convinced some . However I bought between the warrants and placing and some after the placing and I am mr negative. Never read it, it was just obvious that a rise was on the cards.
You say he pumps stocks, is the pump over now then?
Just for a bit of reality I tipped clsk and it’s up 200% in the last months and 500% this year . Sometimes things are obvious if you use common sense and do not believe he is responsible for the re rate. Certainly hope not or we may follow the end result you give in your examples and tank back down.