Loading ...I feel for you but I don’t think anyone could fix this company with its management. All the news apparently is window dressing. Unless something has good dividends and still profitable it’s best to just sell it when it turns on you IMO but that was months ago. Question is what will happen next.
First Majestic
It’s been one of my biggest winners, and a pillar of my PM portfolio for a very long time. What am I supposed to do with it now?
Richard
Thanks for warning other about AG. When I saw whom ever that was pumping snowline think he called it and leaving Ag for dead I got a real bad feeling about exactly that.
Nasdaq is holding up pretty well
Dumped my QID for a small loss. Looks like the Naz might turn things around and dragging Bitcoin with it.
Oil down a couple bucks now. Doesn’t look like we’ll turn things today unless we get a dramatic turnaround in the metals.
Somebody doesn’t like First Majestic. [AG]–IS IT TRUE?? These are from the past 2 or 3 days.
First Majestic Con has $100 million loss in upcoming Q (end of Sept). They have very little cash on hand
and cash flow has evaporated. New dilution for shareholders soon.
Two months ago Q2 results showed $84.1 MILLION loss with realized silver price at $24/ounce. Q3 ends in 10 days with realized selling
price $4 lower at $20/ounce. Be Prepared For **$100 Million loss*** for Q3. Don’t be a guilible.
DECADE of Losses. Nobody fired. Nobody took pay cut. In fact, just the opposite.
Bigger paychecks and more In-the-money Options. Insiders stripped almost a $Billion from shareholders.
Actually, they did fire 1 board member after he stole $85 Million* from the company.
See annual report footnotes* – described in there. Crazy story. Shareholders got ripped off. Insiders got bigger bonuse, even after that.
Last Quarter – First Majestic Silver lost $84 million with silver price at $24/ounce. With upcoming Q to show max $20/ounce – I predict First Majestic
to lose $100 million. This is totally UNSUSTAINABLE. LOOK FOR NEW $100 million DILUTION to existing shareholders. ***DANGER WILL ROBINSON – DANGER ***
113 Million in cash with $100 million losses in upcoming Q3. Watch for $100 million dilution hitting shareholders with banksters getting $5 million of it. Death by 1,000 cuts.
goldielocks @ 10:45
I read about that. I pity the Chinese people and hope to God these policies are never implemented here!
The War on Cash
The bank just limited my friends cash withdrawal. This is getting crazy! https://t.co/o02N2ViBEy
— Economic Ninja (@economyninja) September 20, 2022
Ipso 10:30
Another reason we don’t want digital currency. Apparently their digital has a app and when COVID came out they made the app so if it turned red it meant they couldn’t travel because of Covid. So when this protest started they switched the app to red. Be much more difficult to move around if they eliminate cash and pull this shyt.
Lol on the cat food.
USD slowly fading
Can we buck the SM cause I don’t think it’s coming back?
Thousands taking to streets to protest against Evergrande Group – China's largest real estate company. pic.twitter.com/UEftrHor4o
— Songpinganq (@songpinganq) September 18, 2022
CRIME REPORT
MORGAN STANLEY AND BARCLAYS SUED FOR MANIPULATING $VIX WHICH CAUSED HUNDREDS OF MILLIONS IN LOSES FOR $VIX OPTION HOLDERS.
— Willem Middelkoop (@wmiddelkoop) September 20, 2022
Buygold
“Bottoming”
I sure hope so! Otherwise I’ll be dusting off my cat food recipes. 
Bluestone Resources says Guatemala anti-mining referendum illegal
Canada’s Bluestone Resources (TSX-V: BSR) said the results of a referendum held during the weekend that would ban mining in the Asuncion Mita municipality of Guatemala, where it is looking to develop its Cerro Blanco gold deposit, are unlikely to be enforced.
Bluestone Resources says Guatemala anti-mining referendum illegal
Ipso
I still think we might have a chance to rally once we get past the first hour.
I do agree with Ballinger, we are bottoming and the gains from here will be massive.
Buygold
PM shares not doing too badly considering the gold drop …
I’ll be glad when Wednesday is over!
Ipso – Snowline, KGC
Snowline bucking the trend. KGC is buying back $300M shares and the stock is down 3%? Really?
I’ve got to buy that too.
Picked up some NUGT, QID
Hoping the HUI will hold here. Don’t think the Nasdaq is coming back unless maybe the USD and rates come back in. If they do come back in, NUGT should do well right? RIGHT?!!
Demos will welcome them no doubt
DHS Intel Report Indicates Venezuela Emptying Prisons, Sending Violent Criminals To US Border
Ugly open
That’s going to make this reversal much better. 🙂
Ororeef
Bueno!
Kinross Gold to Buy Back $300 Million of Shares Following Talks With Elliott
https://finance.yahoo.com/news/kinross-gold-buy-back-300-141214337.html
GCM Mining Shareholders Approve Proposed Arrangement With Aris Gold
https://finance.yahoo.com/news/gcm-mining-shareholders-approve-proposed-210000025.html
B2Gold Completes Acquisition of Oklo Resources Limited and its Extensive Land Package near the Fekola Mine
https://finance.yahoo.com/news/b2gold-completes-acquisition-oklo-resources-073000644.html
Perpetua Resources Awarded Department of Defense Funding to Study Antimony from Stibnite Gold Project
https://finance.yahoo.com/news/perpetua-resources-awarded-department-defense-220000758.html
Eloro Resources Intersects 150.47 g Ag eq/t (9.45 g Ag/t, 1.53% Zn, 0.88% Pb and 0.07% Sn) over 441.21m in High-Grade Feeder Zone in Santa Barbara Target Area at the Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia
https://finance.yahoo.com/news/eloro-resources-intersects-150-47-100000043.html
Snowline Gold Doubles Yukon Mineral Holdings With Acquisition Of Nearby Project Portfolio And Provides Exploration Update
https://finance.yahoo.com/news/snowline-gold-doubles-yukon-mineral-120000672.html
Marathon Gold Announces Closing of C$150 Million Bought Deal Financing
https://ceo.ca/@globenewswire/marathon-gold-announces-closing-of-c150-million-bought
Tectonic Drills 59.4 G/T Au Over 1.53 Metres at Seventymile Gold Project, Alaska
https://ceo.ca/@accesswire/tectonic-drills-594-gt-au-over-153-metres-at-seventymile
Canstar Commences Drilling of Multiple Targets on the Golden Baie Project in South-Central Newfoundland
https://ceo.ca/@thenewswire/canstar-commences-drilling-of-multiple-targets-on-the
GOLDEN SHIELD COMMENCES PHASE III DRILLING AT MARUDI MOUNTAIN TO EXTEND MINERALIZATION AT MAZOA HILL AND TEST NEW EXPLORATION TARGETS
https://ceo.ca/@newswire/golden-shield-commences-phase-iii-drilling-at-marudi
OROCO COMMENCES PEA AND MOBILIZES MORE DRILLS
https://ceo.ca/@globenewswire/oroco-commences-pea-and-mobilizes-more-drills
Terra Balcanica Extends Massive Sulfide Mineralization With Two Step Out Holes At Its Viogor-Zanik Project In Bosnia
https://ceo.ca/@globenewswire/terra-balcanica-extends-massive-sulfide-mineralization
Orogen Royalties Options the Astro Gold Project to Rackla Metals
https://ceo.ca/@accesswire/orogen-royalties-options-the-astro-gold-project-to
Burin Gold Drills 6.0 m of 2.15 g/t Au at Hickey’s Pond and Starts Testing New Targets, Newfoundland
https://ceo.ca/@newsfile/burin-gold-drills-60-m-of-215-gt-au-at-hickeys
Graycliff Exploration Releases Remaining Phase Three Drilling Results at Shakespeare Gold Project
https://ceo.ca/@newsfile/graycliff-exploration-releases-remaining-phase-three
Silver Valley Metals Provides Significant High-Grade Drill Results Below the Page Mine’s Historic Resources Expanding Mineralization at Depth
https://ceo.ca/@newswire/silver-valley-metals-provides-significant-high-grade
Bunker Hill Secures Ball Mill Capable of Increasing Annual Production Throughput Capacity to 2,100 tpd
https://ceo.ca/@globenewswire/bunker-hill-secures-ball-mill-capable-of-increasing
Ps
I don’t like that cross at the top or a couple of gap up buying but as long as they are paying 3 percent interest rather than cash sitting around guess people don’t care.
Richard
Well then if you deviate from gold here one stock people have been parking their money in instead of non interest cash waiting out the market down turn that could be with us for awhile. As long as it pays interest since the banks sure aren’t even though there getting it with the rates going up.Why’s that. 😡
R640 thanks for the Ballinger
I actually agree with him. Does that make me the greater fool?
USD really rockin’ higher now, as are rates.
SM going to have another 1K loss today? Would make sense as a warning shot to the Fed tomorrow.