OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Its a good time to sell the losers and make the reported profits smaller. We can always buy them back on the next rebound. Naturally most have to wait 30 days I think, but with a mark to market account it doesn’t matter.

And its the holidays season, has to be a lot less participation.

that this web site is an invaluable tool for those of us still in the game…..

I know I don’t post very often, but read the other posts on a daily basis…

FWIW, perhaps there’ll be some short covering of the PM stocks going into the close, knowing that the CPI # coming out tomorrow morning could be rather HUGE!!!!

I just read this story. I certainly would not want their job and responsibility. In a sense, they are the grandchildren and or great grandchildren of the 1913 group or the 1934 group whose jobs were simpler and they were smarter than the 1970 and 1980 groups as the “situation“ got more complicated and now these days with all the zigging and zagging hard to make predictions. So the Fed has been relegated to “day trading” the economy, is what the story sounds like to me. Constantly reacting rather than pro-acting.

Part:

“The Powell Fed, in fact, has become almost as known for its abrupt changes in direction as it has for the unprecedented levels of stimulus it has provided during the pandemic.

“What the Fed has proven is the difficulty in forecasting by both committee and consensus,” said Joseph LaVorgna, chief economist for the Americas at Natixis and former head of the National Economic Council under former President Donald Trump. “In market parlance, the Fed has bought the high and sold the low. So I do think there will be a credibility issue going forward.”

Powell’s fourth major shift raises questions about the Fed’s policy credibility

Perhaps during this orchestrated crisis there are other and important concerns for the moment, but Silver and Gold phiz will prove to be the only safe haven in the long run as they begin replacing these bankrupt currencies with a crypto-type social credit system to fully control every move any survivors of the jab make. IMO it’s time to take off the masks, open up the world again, and tell Fauci and all the other world orchestrators to bend over so we can shove their agenda where it rightfully belongs! Just saying!!

I think when gold is in correction it causes less interest and less trading and posting. When we are in rally mode, its opposite, more attention more trading, more posting. Perhaps try a new drive for funds and maybe the bashful lurkers will chip in.

I don’t know what the premium is on that KGC deal.

I kind of like AEM in here too. Only 2.2% divi

Many of us are just distracted by the challenges to our country and Constitution .

An example : Our Dept. of State paying to clean and restore a 12th century Ottoman carpet in the Vatican , stained by fecal matter emanating from our ‘Resident-in-Chief’ recently .

WTF !!! This is an embarrassment to the nation . At least put him in Depends before going out into public view .

Shares are getting obliterated – all of them – on light volume.

This is how the banksters play.

Ipso, thatnks for bringing up KGC, I just put an order in for a couple thousand shares. Seems a little overbaked.

There’s so few people posting here at the Oasis that perhaps the website should be discontinued.

“Let God sort em out”

Sounds fair to me!

Pretty ridiculous what’s going on with KGC today. Great Bear should be a great acquisition for them.

Re delivery

I was gonna try and defend Crimex on that delivery, as it looked like Interactive, just didn’t want the hassle of doing a delivery, they just want black box, point and click trading…but then I see what has happened to silver and KGC today and I just want to Lampost ’em all and let God sort them out .

I think you’re “spot on.” Just curious, do you happen to know how much premium Kinross is paying over Great Bear’s closing price ( per share)?

Just last week, SSR Mining paid roughly a 36% premium over Taiga Gold’s closing price ( granted Taiga was trading at .15 per share).

Kinross trades roughly 13-14 million shares a day. One could buy a few shares, reap the 2% dividend, and also enhance your return by doing a buy – write ( I.e., buy 100 shares and sell 1 out of the money call, say the Jan. 10 call), and let that call expire worthless.

Food for thought…..

Good for a 7.7% take down premarket. With a 7 PE and over 2% Divi. maybe it’s worth a look?

TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to announce today that it has entered into a definitive agreement (the “Agreement”) with Great Bear Resources Ltd. (TSX-V:GBR) (“Great Bear”) to acquire all of the issued and outstanding shares of Great Bear through a plan of arrangement (the “Transaction”).

Through the Transaction, Kinross will acquire Great Bear’s flagship Dixie project located in the renowned and prolific Red Lake mining district in Ontario, Canada. The Dixie project is one of the most exciting recent gold discoveries globally and extensive drilling results have shown the characteristics of a top tier deposit.

What do we follow? The stock market of course!

Shares and metals look ugly in premarket.

Looks like I misread the USD quote (I use UUP), it is actually higher.

Nickel Plate steam
https://railpictures.net/photo/777897/

CMC Metals Intersects Numerous High-Grade Intersections Including 2.3 meters of 4,910.8 g/t Silver Equivalent Extending the TM West Vein by 360 meters at Silver Hart

https://finance.yahoo.com/news/cmc-metals-intersects-numerous-high-143000691.html

https://schrts.co/wMCFwZIP

Yeah it sure looked like the broker was screwing up but I’m sure the crimex will also put barriers in the way of receiving delivery. The guy went through all that and still hadn’t received his metal … I wanted to see that happen!

A pretty nothing day for the shares … at least we didn’t get clobbered.

Cheers

PS I think everyone is out chewing their fingernails today …

I watched that silver delivery report……the fault was with his Broker Interactive, they obviously had no idea what they were doing, in some respects…except they understood the chance that the bars would be under/over weight and if my memory serves u did not pay, or get back the diff. As people used to warrant sift, by taking delivery and looking through the bars to see if they had heavy ones, keeping them and dumping the rest back.

So something ain’t right…..but it sounds like they were just being obstructive, but when it comes to the scum, nothing is straight.

https://twitter.com/wmiddelkoop/status/1468284374546329605/photo/1

Harte Gold gets creditor protection as Silver Lake closes in

Under the arrangement, Harte’s common shareholders will be eliminated. These include Appian, its largest shareholder, as well as Canadian wealth managers Goodman & Company Investment Council, and Mackenzie Financial.

Harte Gold gets creditor protection as Silver Lake closes in

Found at https://bugsandmarkets.createaforum.com/general-discussion/gold-silver-and-markets/2100/?PHPSESSID=3ec58610a67928c2aad7cf56bd4aff20

https://finance.yahoo.com/news/tv-jeff-return-further-precious-130000653.html

Aztec Summarizes 2021 RC Drill Results from Tombstone Project, Arizona; Multiple, Shallow, Thick, Oxidized Gold-Silver Intercepts Expand Mineralized Zones Around and Below the Contention Pit, Still Open in All Directions

https://finance.yahoo.com/news/aztec-summarizes-2021-rc-drill-130000316.html

Goliath Identifies New Outcropping Au-Cu-Ag Bullseye Porphyry Zone at Its Luckystrike Property, British Columbia

https://finance.yahoo.com/news/goliath-identifies-outcropping-au-cu-134700922.html

Equity Reports 2.3 Metres Averaging 604g/t AgEq in the Western Step-out Drilling at the Camp Vein Target, Silver Queen Project, BC

https://finance.yahoo.com/news/equity-reports-2-3-metres-143000137.html

Freegold intersects 82.3 metres grading 1.85 g/t Au and continues to confirm potential for significant resource expansion Golden Summit

https://finance.yahoo.com/news/freegold-intersects-82-3-metres-203500654.html

Harte Gold Announces Granting of Initial Order under Companies’ Creditors Arrangement Act and Approval of DIP Financing Agreement

https://finance.yahoo.com/news/harte-gold-announces-granting-initial-235100577.html

i-80 Gold Reports Final Results from Phase 1 Drilling Targeting Open Pit Mineralization at the Granite Creek Mine Project in Nevada

https://finance.yahoo.com/news/80-gold-reports-final-results-110000420.html

Heliostar Commences Maiden 5,000 Metre Drill Program at Cumaro, Mexico

https://finance.yahoo.com/news/heliostar-commences-maiden-5-000-113000388.html

Vizsla Expands Napoleon Resource Area and Outlines High-Grade Footprint

https://finance.yahoo.com/news/vizsla-expands-napoleon-area-outlines-113000127.html

K2 Announces VTEM Results from Mojave Gold – Copper Project

https://finance.yahoo.com/news/k2-announces-vtem-results-mojave-120000827.html

Skeena Discovers Additional High Grade Mineralization at Eskay Creek Albino Waste Facility Including 10.13 g/t AuEq over 16.77 metres

https://finance.yahoo.com/news/skeena-discovers-additional-high-grade-125500706.html

Gatling Drilling Identifies Significant Gold Intersections within New Host Target at the Kir Vit Prospect of the Larder Gold Project, Ontario

https://finance.yahoo.com/news/gatling-drilling-identifies-significant-gold-130000601.html

Barrick’s Bulyanhulu Acquires Highly Prospective Licences in Tanzania

https://finance.yahoo.com/news/barrick-bulyanhulu-acquires-highly-prospective-183700495.html

GoldON Acquires Springpole East Property in the Red Lake Mining District

https://ceo.ca/@newsfile/goldon-acquires-springpole-east-property-in-the-red

Goldshore Resources Intersects 117.12m @ 1.26 g/t Au from 1.1m in MMD-21-004

https://ceo.ca/@newsfile/goldshore-resources-intersects-11712m-126-gt-au

Calibre Mining Mails and Files Special Meeting Materials In Connection with The Proposed Transaction With Fiore Gold

https://ceo.ca/@nasdaq/calibre-mining-mails-and-files-special-meeting-materials

Signature Resources Continues Extending Mineralized Zones to Depth; Drills 6.64 g/t Gold over 3 Metres; Including 18.5 g/t over 1.0 Metres at Its Lingman Lake Project

https://ceo.ca/@newsfile/signature-resources-continues-extending-mineralized

Omai Gold Announces Final Wenot 2021 Drill Results Including 15.2 g/t Au over 6.0 metres and 2.3 g/t over 10.5 m and Drilling Commenced at Broccoli Hill

https://ceo.ca/@nasdaq/omai-gold-announces-final-wenot-2021-drill-results