Member Info for TheOracleofOmaha

"despite large PM rises this year may be worse with Mara Rosa making losses"

Again sotolo with terrible incompetence. Half year profits for 2025 were already 93.7% of profits for the entire year of 2024. (H1 2025 $90.889m vrs FY 2024 $97.005m)

Even tho MR guidance is absolutely terrible for h2. If you take 2minutes and half a brain cell of thinking you can calculate the cost of lower MR h2 guidance vrs h1 production. Against average gold price in h1 vrs average gold price so far in h2, and calculate that it outweighs MR's dreadful performance.

So profits will very obviously surpass 2024 significantly. How anyway can follow a business for so long and be so clueless to such basic things is insane.

I think 0.5% is more likely than no cut. Probably will be 0.25% jobs data is looking bad

Aclara up 10% so far today, now at an all time high. Hoc with 19.4% stake or $77m (CAD) / £40.6m worth of stock.

Also jammin, if the statistics are to be believed (which won't be super accurate as they rely on imperfect surveys). Then I'm in the top 0.1% for my age bracket (on the lower end of that age bracket to), and i don't come from money. So I hope to have fun but, am not poor be almost everyone's standards, and i dont intend to "stay" at my current level either.

Jamming, I'm aware of the debt-to-gdp ratios. Global (total) debt to global gdp is over 200%, and over 300% if you include financial sector debt (altho there are reasons you shouldnt). Both these ratios are at historically high levels.

I've been bullish gold for around 5yrs and still am (altho not as bullish as 2yrs ago as pog has risen a fair chunk of the distance).

There is absolutely things the central banks, but most importantly, governments can do to reduce the rate at which their currencies are devalued. Just because they can doesn't mean they will. I believe the political will, favours the real debt decline being primarily (but definitely not only) currency debasement, i.e. inflate the debt down in real terms.

Debt by it's nature is cyclical.

I made perfectly sensible remarks, reality is often offensive.

Haha relax buddy. Just as you're not a character from fraiser im not the oracle of omaha, how any investor can be unaware of my username reference is worrying.

The [wonderful gentleman] posted a public video for all to see, naturally he should therefore expect a range of reactions, so im sure he'll survive being called a shmuck not that he'll even be aware of it.

"Gold bug" is a derogatory term and of course i mean it as an insult. I'm no gold bug. Price relative to the other currencies obviously matters. Anyone that is forever long the £, or forever short the $ regardless of reality would also be a moron.

Gold bugs are notoriously stupid, you can go back 10years and find the same videos spouting the same nonsense. Guaranteed viewship from gold bugs that eat it up.

Its not a difficult business to evaluate. Do the due diligence yourself rather than listening to a guy spouting valuations on 50 businesses with whacky pm assumptions. The schmuck is probably just using a simple ((gold-aisc)*ounces-last yrs nonproduction costs)*(1-etaxrate) then a price multiple.

Research the business, lean conservative on every assumption & judgement. Calculate the minimum realistic profit each year, going out for as many years as you feel confident you can predict. Then calculate cumulative netpresent value for total profits and you will have rational, conservative and most importantly accurate valuation. Then you can conclude if its worth buying at current price offered to you.

Orrrrrr gOlD tO $20,000 MiNeRs To Da MoOn, HoC tO £420.69, OvErNiGhT BiLLiOnAiRe!!! Which ever suits you best.

Gold taking a breather? What gold are you talking about. Ain't you been a gold bug for decades?

Gold is up $284.82 in the last month.

For reference gold's peak to trough movement over the 42years between 1980 - 2022 was $1,823. (Over 500months).

Gold is rising a massive amount in q3 and will likely (relative to its historical price data) continue to rise massively in q4. Gold is the second largest currency in the world. Recent volatility is not normal, at all, and a result of the current chaotic state of the world.

Hahaha thought i was already filtered by you Mr Freud

So your defense is you didn't think Mara rosa would never be operatable. Cus that makes you seem like you have a clue, more so, than changing your valuation by 45% every 3months? 🤨

Haha so triggered by being called out for blatant hypocrisy that you crush your glasses in a hot rage to respond is hilarious.

I don't do one-to-many social media so your poor-mans-freudian theories dont apply.

Wow you toot your own horn a lot for a guy that has apparently changed his valuation by 46% in less than 3months.

Gold up less than 10% in that time (altho you seem to be claiming you knew that was coming so that cant be it).

Sotolo

Posted in: HOC

Posts: 3,660

Price: 263.60

No Opinion

RE: HOC17 Jul 2025 15:32

Oracle I compute that it is fair value now at about 240

Thats another nasty number, orange man needs to fire mean commissioner again.

Updates from September 2025 volcan presentation:

Initial Capital Cost US$M $1,019

Site AISC US$/oz $1,094

At gold price of $3,000

Post-Tax NPV (5%)= $2,357m

Post-Tax IRR = 38.2%

Welcome news, I was expecting costs to have inflated more than that. 330k GEO @ $1094 aisc comes to a gross profit of $810.5m (at current gold price of ~$3,550)

Spot is $3540, december futures is $3600

Thanks Augustus, just refreshed the engage investor HOC page and no luck yet but will keep checking.

Not bad news for one day; royropata now a 150k pa rather than 100k pa; US international dev finace corp (DFC) $5m to be converted into equity at a later financing event of over $50m (share up 17.5% today with hoch hold 20%) and lastly gold breaking a new all time high today with silver almost at $41

I missed the presentation and think i got in on time for the first question. Hoping there will be a recording i can watch at some point.

Did i miss anything?

Was kinda hoping for a little more but 50% more than initial 100k pa, for such little capex to.

Yeah exactly, even more the case in august 2023 after inmaculada 20yr permit was approved and share price was 80p and barely moved for a month after. I wonder how much capital is out there for gold mining. Credit has gotten tighter since 2022 tbf.