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https://finance.yahoo.com/quote/ASM?p=ASM&.tsrc=fin-srch
Happy Mining Gang 🙂
Why Silver Miners SSR, Coeur, First Majestic, and Pan American Jumped 10% or More on Friday
part:
As an example, SSR Mining was once known as Silver Standard Resources. It changed its name when gold became more important to its top and bottom lines than silver. The yellow metal now makes up roughly 80% of the company’s production, with silver largely accounting for the remainder.
SSR isn’t alone. Rounding a bit, Coeur generates around 70% of its revenue from gold, with silver at just under 30% (other metals make up a few percentage points). In 2010 silver was roughly 70% of the tally, so the metals have basically switched places in terms of importance to the top and bottom lines. Pan American Silver, despite its name, is no different, with the larger portion of its revenue coming from gold today. The lone standouts are First Majestic Silver, which gets roughly 60% of revenue from silver with the rest from gold, and Silvercorp Metals. However, Silvercorp just announced plans to buy a miner primarily focused on gold to increase its exposure to that metal, so it’s clearly decided to go the way of Coeur, SSR, and Pan American.
That said, compared to most primary gold producers, SSR, Coeur, and Pan American still generate a material amount of silver. First Majestic, without question, has a larger exposure to silver. And at least for now, Silvercorp is still largely a silver miner. To provide some contrast here, precious metals giants……
https://www.fool.com/investing/2020/05/15/why-silver-miners-ssr-coeur-first-majestic-and-pan.aspx
My Biggest Dog Coeur, CDE is finally waking up.
It keeps popping up at the top percentage gain of my watchlist. I told you guys a while back. Maybe it will catch up to Hecla HL. They get popular as outsiders come in, and usually go together percentage wise. Naturally all silver miners depend on higher physical Silver
HUI prints 301.38
Gold survived the early onslaught, I’m sure there’ll be at least one more, but the shares didn’t blink.
Ipso, we’ll see how it goes. Rare occasion when I get something cheap. I figure if it drops back I’ll just buy some more.
I certainly have enough MUX to swap out…
Morning Buygold
Good luck!
I wish I had it from this price! 🙂
Morning Ipso
Thanks for the Dolly Varden.
It’s pretty overbought but I picked some up anyway. As we’ve seen with Skeena and Wallbridge, those midgets can get off the charts overbought for awhile before rolling over, especially in this kind of market.
I’ll ride with Sprott.
I own this midget from a lot higher. Nice to see Sprott getting involved.
Dolly Varden Announces Strategic Investment by Eric Sprott Increasing His Holdings to 19.9%
https://finance.yahoo.com/news/dolly-varden-announces-strategic-investment-123000461.html
The moral of the story is: Don’t let Muslim immigrants into your country. The French have a choice to either lay down and give the “no go” areas sovereignty or else use greater force and try to take their country back.
Riot police charge through flaming barricades in 2nd night of Paris violence over motorcyclist’s death
https://www.rt.com/news/489043-paris-suburbs-unrest-teen-accident/
Turnaround Tuesday – All pm dips must now be bought – except in MUX
MUX geesh, the dog from Hades
Other than that, this is as good as it gets for pm’s
GSR
gold/silver ratio creeping toward 100…
Eff the UN! PC Nazis
The United Nations has put out a tweet asserting that people shouldn’t use politically incorrect terms like “boyfriend,” “girlfriend,” “husband” and “wife” in order to “help create a more equal world.”
Schweet
Wallbridge Intersects 70.84 g/t Au over 5.35 metres and 32.26 g/t Au over 7.05 metres Within the Fenelon Main Gabbro
https://finance.yahoo.com/news/wallbridge-intersects-70-84-g-113000640.html
ZH readers= this corona virus collapse will make those other collapses look like a walk in the park.
A ZH reader==the view from Singapore
Second wave of what?
China cold?
It’s a fucking cold girls.
Numbers from Singapore this morning, 94% don’t need to see a doctor, they either have ZERO symptoms or take a panadol tablet and 12 hours later it’s over.
6% need hospitalization (80% of which are pensioners). Of those hospitalized, 1.6%Â require ICU….of the total infected, 0.086% require ICU.
And they shut down the economy for this?
This looks dumber and dumber every day.
 squid—This is all nuts.
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HERE’S WHERE THE U.S. WILL BE IN 3 MONTHS
Â
1)Â Democrats finally realize their passion for keeping people jobless and their businesses forcibly closed was a huge mistake. Some very smart Democrats will realize “they set us up to fail in the Mueller scam; they set us up with a bogus informant talking to Adam Schiff to fail the impeachment; and they set us up to fail with a virus by exposing our passion for keeping people poor and dependent”
NOT MANY democrats will put 2 and 2 together and recognize they have been set up to trip over their own hatred OVER and OVER again, but a few will. “It’s just too coincidental we keep making ourselves look very bad, and then somehow get stuck with a half-witted, sex offender, brain-fade disaster of Joe Biden on the ticket”
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Retail is buying the pro’s liquidations. Â I’m in cash now. Â They will engineer another crash to get their negative rates. Â Banks are a cancer – they won’t stop until the host is dead.
I think u.s. stocks have a shot at rolling over and giving back 50% or more of yesterdays’ gains
just based on bonds and europe so far…I’d like to see a last hurrah dow rally of a 100/200/or 250 on the open first…
Maya–did Trump actually say he was livid with FOX or did some dem or fake news eporter say he did?
I doubt he’d say that…I wish his diet didn’t consist of old school items like prime rib, buckets of colonel sanders–and a freezer full of haagen daaz ice cream…we need trump…he is all that stands between us and the abyss…
HE IS LITERALLY AND FIGURATIVE THE SALVATOR MUNDI
4:15 am–good bid on treasuries–europe and u.s. futures just rolled over from green to red-not by much but 9:30 est
is a long way to go….the 10n yr is up 17/64ths
Goldi–good points!! Especially about no money if no economy to support it…
I hope u know I was just kidding before…I respect you and enjoy your posts.
My local liquor store has already banned cash
they had a sign up last week, no cash accepted, credit only. boom.
Now everyone is a medical expert… with TDS
Reporters, (alleged) journalists, even the ‘House Madam’ is now a medical expert criticising Trump for taking HydroxyChloroquine as a preventive to catching the virus. Trump was reportedly ‘livid’ with Fox news and says he is ‘done with them’ and looking for a new outlet. House Madam Nancy even went so far as to say it was ‘dangerous’ for someone as ‘morbidly obese’ as Trump.
Doctor Pelosi has spoken!  Hey Nan… pass the next ‘stimulus’ bill quick before Trump croaks!  I want my UBI !
Richard / Mr Copper
Was just paraphrasing Armstrong’s last sentence. Right now I’m more worried about people’s last low. It’s all correlated it seems. We got some people on the left beating the war drums to the people on the dole. They’re gonna blame Trump instead of their own state and legislators. Now they’re trying to drag more into it with these shut downs even though they don’t want to be there. They don’t want to be mixed into the same pot of poverty grateful for what the system doles out. Now some of these people aren’t even going to have jobs to go back to. The ones on the dole aren’t gonna care about that or can’t cuz they got to worry about their own cut backs due to their own states mismanagement. They’re not gonna care about jobs or the kind of people in Gov that can save them like Trump from getting ripped off by places like China. The problem is their too brainwashed to know or admit where it’s coming from and will be “ told to blame Trump” or how they might be part of the problem because they vote for their own interest then get what they vote for. They don’t get that there is no money if there is no economy to support it. That in there end there will be no social system just socialism.
Don’t underestimate them trying to eliminate cash next.
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The fed is in charge now.  They will pump to the moon.   This is the great divorce of the financial economy from the real economy.   There is no stopping stocks now.   It matters not what we actually produe cause the market will go up. Â
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Nice post. Reminds me of a phone call I had last week with a retired investment councilor friend of mine.
Best calls are for 90% of pre-virus economy. (my guess is 80%) These people have no idea how fragile this economic engine we have built is. Supply lines will take a couple yrs at least.
There will be a bit of a spike as folks celebrate being let out of their homes, but it will soon fade and the 20%+ unemployment will destroy this consumer debt driven economy.