Pan American Silver Reports Record Quarterly Cash Flow from Operations of $129.5 Million in Q4 2019

https://finance.yahoo.com/news/pan-american-silver-reports-record-005900941.html

https://finance.yahoo.com/quote/%5EDJT?ltr=1

Let’s get the public involved!

Had a meal with 7 other people, all men and all either retired, or near retirement age and all pretty succesful….All very concerned by the Virus, no confidence in the government/health service to deal a major break out and no -one sure whether we will get one or not……all pretty sure it will hit supply chains and have major economic effect and can’t unsderstand why mkts don;t care

No way do we have beds for ill, so vast majority will be forced to stay at home and self quarantine, so economy will take a big hit, especially leisure.

https://finance.yahoo.com/news/oceanagold-reports-full-2019-financials-083600757.html

Bond and USD action is crazy. Ten yr. now yielding less that the 3 month treasury. Talk about inversion.

You’d think the USD would be weakening, but as you say since our bonds have any yield at all, the USD is a safe place.

I guess the same could be said for gold.

They’re going to hit silver out of the gates, don’t want to see us back below $18 this time around.

deserved sell off…but the way futures have come back, it looks like we’ll repeat the pattern of the past few weeks…stocks slightly red most of the day…dropping than bouncing back–net effect=all volatility squeezed out…just working off an overbought condition…then upwards and onwards…

https://futures.tradingcharts.com/marketquotes/ZB.html

Rates in freefall, could be part of the reason the Dollar keeps climbing, as lots say u may get rates close to negative, or even negative, so big percentage gains can be had buying US Bonds/Notes.

plus u are still at a big rate premium, to most of the world, holding dollars is best bet out there.

First Majestic Silver Is Maintained at Buy by H.C. Wainwright

That’ll work. 🙂

It is pretty amazing that gold is going higher with the USD which has been moving higher relentlessly.

UUP (Dollar Index Fund) is at a 5 year high and crazy overbought but keeps going. All this with rates on the ten yr. pretty much in free fall. Go figure.

I’m beggining to think that the buyer in Au, is gonna do a Palladium and just keep buying, for no apparent reason.

A picture postcard of snow and steam
https://railpictures.net/photo/721603/

0 hedge hates Elon because hes lost money for 10 years trying to short Tesla. Wrong at every corner. And besides Elon has run circles around Richard Branson. Can’t even try to compare the two. Space X is kicking ass and taking names. No brainer

Ya sorry about that…just flying today…here you go.

First Majestic Silver loses $40.5M (U.S.) in 2019

2020-02-19 07:34 ET – News Release

Mr. Keith Neumeyer reports

FIRST MAJESTIC ANNOUNCES FINANCIAL RESULTS FOR Q4 AND YEAR END 2019

First Majestic Silver Corp. has provided its consolidated financial results for its fourth quarter and year ended Dec. 31, 2019. The full version of the financial statements and the management discussion and analysis can be viewed on the company’s website, on SEDAR and EDGAR. All amounts are in U.S. dollars unless stated otherwise.

2019 highlights

• Total production reached 25.6 million silver equivalent ounces, a 15-per-cent increase over 2018, reaching the top end of the company’s 2019 guidance range of 24.4 million to 26.0 million ounces.
• Silver production reached 13.2 million ounces of silver, a 13-per-cent increase over 2018, and in line with the company’s guidance range of 12.8 million to 13.5 million ounces.
• Generated record revenues of $363.9-million, representing a 21-per-cent increase from 2018.
• Generated a record $140.0-million of cash from operating activities.
• Mine operating earnings of $66.2-million compared with negative $11.9-million in 2018 primarily due to higher revenues, metal prices and lower cash costs.
• Operating cash flows before working capital and taxes of $108.9-million or 54 cents per share.
• Adjusted net earnings of $7.3-million, or four cents per share, after excluding non-cash and unusual items.

The last bullet is the one that matters.

Can you please post the link to the earnings report that shows where they are losing money?

I’m seeing a profit, not huge, but also nothing to explain today’s drubbing.

Once again your delivery leaves a lot to be desired.
Silver is actually going up today despite all the stupid option players you constantly remind us about. So is GDX and GDXJ.

Lighten up, you make your bets and I’ll make mine. I’m doing OK

They are losing effing money. What do you mean it doesn’t make sense?

Investors are saying the bankers won’t let the silver price rise enough for them to be profitable so they are selling.

No mystery here.

Cheers

added some @ $9.45, they’re sitting just below their 200 dma @ $9.46

This move is on heavy volume but doesn’t make a lot of sense to me.

We’ll see what happens, there are a lot of winners in the sector today, so just hope it decides to play catch up

I don’t have any right now but think it’s a solid company. Good luck!

Thanks for mentioning First Majestic, I thought their numbers were pretty good too.

AISC’s went down to 2016 levels.

They’re the only drag on my portfolio today, I think I’m going to add some.

there’s 240!

Just skip the first 22 minutes and listen to the rest. All of the “leaders” are exposed to one degree or another, from Clinton to Obama to Biden to Pelosi…. and many others; all complicit in one of the greatest heists in history, and America got nothing raped!!

https://youtu.be/RerQ7uPv9nM

Positive Action in the Gold Complex

http://news.goldseek.com/GoldSeek/1582123688.php

Silly me I thought their quarterly-yearly report was pretty good?

barely up…you’d think that on such a solid day yields would be falling more…similarly why are gold and silver well bid? G&S look strong since they have been going up WITH the $–as I write the cash $ is up .254 at .9969…one other thingy=the VIX and VXX aren’t down much…pretty thin gruel for the benighted  bear case…but it’ll have to do…that’s all I got…anything u’d care to add?

https://futures.tradingcharts.com/marketquotes/ZN.html

[10 yr t-note]

https://futures.tradingcharts.com/marketquotes/DX.html

[$ index]

P.S.=the U.S. stock mkt. seems to have relegated the C-Virus to the dust bin of history and is trying to move on…is the virus story good for ANY more downside for U.S. stocks?…inquiring minds want to know..

https://finance.yahoo.com/quote/SPCE/options?p=SPCE&date=1582848000