
Watering the Iron Horse
https://railpictures.net/photo/789043/
The diff used to be LME traded base metals and Silver in 10,000 oz contract, then they gave up Silver, but started Gold and Silver mny year later…but they never took off….because the LBMA ( London Bullion Mkt assoc) trades all u ever need plus Crimex offer a 24 hr punter mkt.
There is also a big diff in delivery terms…..but ultimately the first mkt to offer the facility has kept it…like most other dupe mkts….they rarely if ever succeed.
about the juniors, they’ve certainly been beaten senseless during this down trend.
A little too calm the last couple of days, we’re either going to go up or down here pretty soon.
Half of Joe Biden’s Twitter Followers Are Fake, Audit Reveals
https://www.newsweek.com/half-joe-biden-twitter-followers-are-fake-audit-elon-musk-1707244
“Scum sitting on NEM and GLD.”
I’m thinking there is an advantage here to the juniors. Although the gold and silver price fixing rig still damages their prospects and value, at least the cretins aren’t selling them short to drive down the HUI and other gold stock funds.
CRYPTO is getting very suspicious talk of support from its biggest advocate (SAYLOR) ….MUSK is exposing the corruption of hidden fake users in Social Media TWITTER and if that deal fails confidence in the markets gets destroyed with TRILLIONS at STAKE and Biden cant be trusted for anything . Who wont be selling …SELL SELL SELL to WHO ? HOLY SHIT !
Scum sitting on NEM and GLD.
This ain’t over until the scum says so…
“Russian forces opened fire on Israeli jets with advanced S-300 anti-aircraft missiles at the end of an alleged IAF attack on targets in northwestern Syria last week… in what could signal a significant shift in Moscow’s attitude to Israel.” https://t.co/bc5JACeUSh
— Alireza Nader علیرضا نادر (@AlirezaNader) May 17, 2022
Excellon eyes new assets in Mexico ahead of Platosa closure
Precious metals miners Excellon Resources (TSX, NYSE: EXN)( FRA: E4X2) is looking for new assets in Mexico ahead of the planned closure of its Platosa mine, one of the country’s highest grade silver mines.
The Canadian company said in January it planned to wind down operations at Platosa, in operations since mid-2005, in the third quarter of the year due to a series of challenges that have affected the mine.
These include the effect the polar vortex in February last year, entering a steeper area of the deposit, dewatering issues, increased consumables prices and legislative changes, Excellon said at the time.
Unionized workers walked off the job in March after collective bargaining talks broke down, deepening the mine’s challenges.
Relations between the company and the mine, its union and locals have soured at times, with Excellon having to declare force majeure in 2012 due to a sustained illegal blockade. The impact of the strike triggered the exit of the company’s financial officer.
At Least 300 Azov Fighters Surrender To Russians At Azovstal Plant, Ending Lengthy Siege
New Gold Completes Redemption Of Its Remaining Outstanding 6.375% Senior Notes
https://finance.yahoo.com/news/gold-completes-redemption-remaining-outstanding-203000308.html
Aztec Minerals Announces Non-Brokered Private Placement of up to CAD$3.0 Million with Alamos Gold as Strategic Investor
https://finance.yahoo.com/news/aztec-minerals-announces-non-brokered-140500882.html
Banyan Announces 4 Million Ounce Gold Mineral Resource Estimate for the Aurmac Property, Yukon, Canada
https://finance.yahoo.com/news/banyan-announces-4-million-ounce-100000002.html
Endurance Provides Update on 2022 Drill Program at the Reliance Gold Property
https://finance.yahoo.com/news/endurance-provides-2022-drill-program-111400265.html
Gold Terra Intersects Two Main High-Grade Zones of 18.79 g/t Gold over 4.00 metres and 14.42 g/t Gold over 4.00 metres on Yellorex Zone, Yellowknife, NWT
https://finance.yahoo.com/news/gold-terra-intersects-two-main-120000410.html
Metals Creek Drills 1.50 g/t Gold over 18.00 Meters at Dona Lake
https://ceo.ca/@newsfile/metals-creek-drills-150-gt-gold-over-1800-meters
SONORO GOLD REPORTS HIGH GRADE INTERCEPTS AT CERRO CALICHE INCLUDING 9.14 METERS AVERAGING 9.577 GRAMS OF GOLD PER TONNE
https://ceo.ca/@nasdaq/sonoro-gold-reports-high-grade-intercepts-at-cerro-fe2db
Canadian Silver Hunter Begins Critical Minerals Strategy Initiative, Commences Reconstruction of Production and Drilling Data on Keeley Frontier Silver Cobalt Mine, Silver Centre, Cobalt, Ontario
https://ceo.ca/@newsfile/canadian-silver-hunter-begins-critical-minerals-strategy
Silver Range Resources Ltd. Samples up to 63 g/t Gold in Trenching at the Cambridge Project
https://ceo.ca/@accesswire/silver-range-resources-ltd-samples-up-to-63-gt-gold
Newrange Provides Exploration Update
https://ceo.ca/@thenewswire/newrange-provides-exploration-update
Sitka Intercepts 205.8 Metres of 1.01 g/t Gold From Surface, Including 91.0 Metres of 1.61 g/t Gold at its RC Gold Project in Yukon
https://ceo.ca/@newswire/sitka-intercepts-2058-metres-of-101-gt-gold-from
Dolly Varden Silver Mobilizes Three Drill Rigs to Commence an Initial 30,000 Meters of Resource Expansion, Upgrade and Exploration Drilling
https://ceo.ca/@newswire/dolly-varden-silver-mobilizes-three-drill-rigs-to-commence
KORE MINING INCREASES SCALE OF WESTERN MESQUITE-IMPERIAL-PICACHO TARGET AREAS WITH NEW ASSAYS
https://ceo.ca/@newswire/kore-mining-increases-scale-of-western-mesquite-imperial-picacho
This might be a very short bounce at the open.
USD getting hit pretty hard, down almost 1%
PM’s should be doing a lot better, but somehow $1830 is a monster roadblock.
Ridiculous really.
DOLLAR LIKELY to FALL from HERE !
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May be rolling over to the downside. Maybe a weekly reversal down?
Shares are pretty tentative and seem to be trading with the QQQ’s. Nice bounce for silver as rates and the dollar are easing.
Would be a lot better if the silver shares were participating…and then there’s NEM
Maybe we’ve got a bit of a tailwind now … faintly
— Bob Moran (@bobscartoons) May 13, 2022
yeah for some reason we’re not getting shellacked like the SM. I’ll take it.
SLV is still way oversold.