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Palladium and Platinum are doing great however what else is in these mines, how will it increase the value and how much is there, firstly what is rightfully ours,
Nickel: 30,410 tonnes (price per tonne December Average) $13,829.42
Copper: 28,124 tonnes (price per tonne December Average) $6,077.06
Gold: 2 tonnes (price per tonne December Average) $1465 per OZ, 2 tonnes = 70,547.92oz
Flanks
(?) Within the Flanks application submitted by Eurasia 80% owned subsidiary Terskaya Mining Company in September 2019:
1. Potential Pd and PGM resources of c.13.1t (421k oz) (as per State Cadastre of Deposits, No. 18 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
2. Potential resources of Pd and PG? c.14.7 t (472k oz) and of gold c. 0.7t (as per State Cadastre of Deposits, No. 20 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
3. Potential resources of Pd and PG? c. 320.1 t (10.2M oz) and of gold c. 10.1t (as per State Cadastre of Deposits, No. 21 on Murmansk Geological Information Archive Reference Note of 07.03.2019)
4. NKT (Nittis Kumuzhanaya Travanyaha) nickel, copper, cobalt, platinum, palladium, gold and silver with the following potential resources: Ni - c. 298,000 t, Cu - c. 229,000 t, Co - c. 11,300 t, Pt - c. 18.5 t, Pd - c. 55.0 t, (Pt+Pd= 73.5t or 2.3M oz) Au - c. 7.6 t, Ag - c. 185t (as per State Cadastre of Deposits, No. 22 on Murmansk Geological Information Archive Reference Note of 07.03.2019).
The total in items 1 to 4 above, which excludes the c.2M oz in Eurasia's current production license is c.13M oz of PGM of which palladium is predominant. The Pd to Pt ratio in Monchetundra production license varies from 1.7 to 5.8 Pd/Pt ratio, a similar range is observed in the Flanks area.
Nickel: 298,000 tonnes (price per tonne December Average) $13,829.42
Copper: 229,000 tonnes (price per tonne December Average) $6,077.06
Cobalt: 11,300 tonnes (price per tonne December Average) $33,000
Charts:
Nickel: https://invst.ly/pmysj
Copper: https://invst.ly/pmyt3
Cobalt: https://invst.ly/pmytu
https://invst.ly/pmr4r 3.81+ covers the gap its been trying twice in novemeber and january to get past but met its resistance, seems to be bouncing off the lower range at about 2.74, gets to 3.50 and it starts raising an eyebrow
can only look into the past unfortunately, movement next week without news will be based on is there enough buyers at 3.77,3.80,3.85 and so on, to generate enough momentum and is it met with sellers at a bid of 3.85/90 or further buyers, of course though we have seen the trend doesnt see many buyers past that stage, of course with news on flanks its a sharp rise asses the news and consolidate over a period of time, i dont have an SP prediction as such, i feel the rise would be substantial at least, if you want an SP figure maybe 5.5 or maybe a but more on a good day
https://www.youtube.com/watch?v=MY0OwbsrBpo the bands
https://www.youtube.com/watch?v=YLU8o9dpxTA breaking the trend
Luc please look at the chart whilst watching the videos both are relevant to my comments and notes
https://invst.ly/pmd77 sure the big buys earlier were nice but thats interest not demand need the bands to face the way of the annotations for the SP to rise, see how the afternoon goes first
https://invst.ly/plxs2 nothing really to see today so longer term view it is
https://safehaven.com/commodities/industrial-metals/Palladium-Boom-Sparks-String-Of-Car-Robberies.html a full troy Oz in a SUV and havent those sales picked up over the last 2 years or so
probs easier to take a closer look B1ll https://invst.ly/plg8o the circles on the down facing part of the triangle shows the price wont breach that trend, it was getting to a point today at 3:15 or tomorrow at 2ish where something had to give as it got squeezed tight to the joining part of the triangle, as you see at 3:15 the candle appears on and lightly over the edge of the red line and the next one after it explodes almost as it clears the trend, still no buyers or not many buyers at 3.90, tomorrow i just dont see how its going to get past 3.90-4 if the buyers wernt there today, but for a bit of hype tomorrow my RNS indicator is fluttering
https://freetrade.io/ numerous commission free platforms with AIM stocks starting to come out, dont fall for someone buying one share to try whip up excitment and make you put more funds in to shift the price. gone are the days of "it doesnt make sense to buy one share the fees are more"
https://invst.ly/pl9k5 is that a clear base set yesterday im sure the following days will lets us know
lol they were a £16k and £18k sells between 8:07 and 8:12
https://freetrade.io/?_ga=2.225717395.822329694.1579611603-1931992377.1575056518
could be on freetrade or something like that Jarvy i know one of the other ones im in was put on there at the backend of last year
its becuase delayed trades are processed against the offer and bid at time of publication, the bigger picture is how the SP reacted, stayed on a firm thin course today, given the contraction of the width today (the blue bands that the candles sit in) https://invst.ly/pkfed id expect a bit more of a fluid day tomorrow, but then again today showed there isnt an appetite for PI's to buy over 3.90 so it does need some of that news in the pipeline to land for the market to see value beyond these prices
it was a sell please look at trades from that time
https://invst.ly/pkc3h next target 36.9