Posted by goldielocks
@ 17:46 on January 29, 2026
I don’t have enough information on the numbers or how they’re working this out. Online it says New Gold has 791.7 million shares outstanding. Cde has .. 637.79 million to 642.2 million shares outstanding.
They want to increase share to be 1,300,000,000.
Posted by aufever
@ 17:14 on January 29, 2026
Now I found it is to announce some new initiative on drug addiction.
Hasn’t started yet.
With all that’s been going on I was hoping it was something more interesting.
Posted by aufever
@ 17:07 on January 29, 2026
Posted by aufever
@ 16:28 on January 29, 2026
I guess everyone knows Trump is about to make some announcement
Posted by Buygold
@ 15:56 on January 29, 2026
Can they close them?
Gold is a stud. SLV finished flat.
Shares cheated us as usual. They owe us tomorrow.
Posted by goldielocks
@ 15:06 on January 29, 2026
Thanks are you sure? I know they’re not taking shares per say but diluting them which I may see like a reverse split because it’s going to someone else to do it.. I’m not opposed to the merger though and plan to buy it back. It didn’t say when, so I might wait cuz I think maybe CDE could drop another 4 or so dollars. I don’t know where they’re at right now. Distracted with other things. It may have more government paperwork to do to go ahead I’m not sure. You can watch Edgar and check when they announce it.
Posted by Buygold
@ 14:58 on January 29, 2026
This will be an interesting last hour. Watching the shares.
Posted by ipso facto
@ 14:50 on January 29, 2026
Thanks but I think you are mistaken. Issuing more shares is the opposite of a reverse split. The company will end up with more shares out not less like in a reverse split. These new shares are to go to the holders of NGD as part of the takeover.
Posted by redneckokie1
@ 14:41 on January 29, 2026
Chart still shows higher highs and higher lows. Don’t let the chop intimidate anyone.
rno
Posted by goldielocks
@ 14:40 on January 29, 2026
Edgar . The SEC
sec.gov/Archives/edgar/data/215466/000114036126002524/ef20064048_8k.htm https://share.google/c1tCF46jZUyXLj0cP
Posted by Buygold
@ 14:09 on January 29, 2026
I’d guess it’s the same banks that were covering were the ones that did the dumping.
I don’t know that the size of the dump was super huge, they just had to dump a good amount all at one time in a few key spots to get other jittery longs to join the dump.
There must have been heart attacks on the floor of the Crimex this am. 🙂
Posted by Buygold
@ 14:03 on January 29, 2026
we are tracking the dollar and things started to turn up when it turned down.
Oil is up 3.4% over $65 now. Bitcoin and the rest of the crypto space is getting crushed. Bitcoin down 6.6%, almost $6K
Dollar starting to move back up again…
Posted by ipso facto
@ 13:56 on January 29, 2026
Where did you get the info that CDE was going to do a reverse split? Do you have a link for that? Thanks
Posted by deer79
@ 13:49 on January 29, 2026
Agree with your analysis……..but who in the world would be dumping all of those contracts? I can’t believe that CTA end of the month adjustments ( I posted about that earlier) would be anywhere near the number of contracts that must have been dumped….
Posted by goldielocks
@ 13:46 on January 29, 2026
I think they’re not done yet. I’m not gonna get it a guessing game with them or chase them. Just pick my stop targets and buy targets. I hope anyways. They’re full of tricks.
I wanted out of CDE except left 20 shares so I know when they have the reverse split and if any name change. Looks like Mr C is gonna hold through it maybe A 1.4 something RS can’t remember exactly the but have not yet the few times I held had a good experience with a reverse split. I probably could of moved that money to GGN go hold since they not only hold miners but energy and treasuries too. They have good management and not pressured as a growth stock.
Option traders could do okay but could lose too. I don’t have the energy for that drama, I prefer peace, but they can make fast money and make those shares pay more than buying them. But when younger they think okay now I have more money to trade and can get reckless as the market can change and the shorts can play the same kinda tricks on them too.
Posted by overton
@ 13:37 on January 29, 2026
could be the Tether gold news
https://nz.finance.yahoo.com/quote/ELE/
on the Gold Royalty Co side if got you some extra $$$ they have a couple of copper royalties that are going to be paying some big cash in Q1
Copper royalty from Dundee’s silver mine in Bosnia and the new one they just got in Brazil
In December 2025, Gold Royalty Corp. (NYSE American: GROY) announced and subsequently completed the acquisition of an existing royalty on the producing Pedra Branca copper and gold mine in Brazil.
To me it looks like Tether is going to buy Gold Royalty CO …..GROY
Posted by Buygold
@ 13:33 on January 29, 2026
So SLV back down $2.50 now. But I’ve noticed that the silver shares stabilized and haven’t really moved back down with it.
I remember Sinclair talking about the craziness in the 80’s and the wild swings in gold.
If we finish at these levels, this is barely a love tap.
Captain is right. Again, Shanghai’s pm fix was $135.61. They can’t stay $20 under without creating some problems.
I think they used this to cover a massive amount of contracts. They need to get out of that crap before March rolls around.
Unbelievable.
Posted by treefrog
@ 13:19 on January 29, 2026
Posted by Buygold
@ 13:16 on January 29, 2026
Wow, never seen anything like this. How many contracts had to be covered?
Shanghai!
Posted by Captain Hook
@ 12:57 on January 29, 2026
… is trading at $134 plus …
China Silver Price today: Trends, premiums and Market Insights
That’s still a $20 gap even with the recovery in Western spot.
This cannot last.
Chuckle
Posted by Captain Hook
@ 12:34 on January 29, 2026
That’s the purpose of raids like this … to create volatility to keep people away … allowing them to run articles like this … been that way forever … the headline says it all … shock and awe.
Cheers
Posted by Don Michael
@ 12:23 on January 29, 2026
Gold Crash! Down $3.4 Trillion as Silver Sinks 12% from New Record Highs
Thu, 29-Jan-2026 16:16
GOLD and SILVER SANK from fresh record prices on Thursday, with a crash in the ‘safe haven’ knocking it almost $500 per ounce lower to $5100 as the industrially-useful precious metal plunged by 11.9% amid a slump in major US AI and tech stocks, led by a crash in Microsoft (Nasdaq: MSFT).
The world’s largest software company dropped a quarter-billion-dollars of market cap at the New York opening, crashing by 11.9% after quarterly earnings showed a slowdown in its Azure cloud computing and AI data segment.
Looking at the posts here today didn’t find mention of the fall in Microsoft
Posted by Buygold
@ 12:01 on January 29, 2026
I’ve tried to get into a habit of selling my shares before the Fed meetings. Even yesterday, a lot of the shares underperformed the metals. Probably have another shaky day tomorrow, maybe into Monday am, then get back on track.
That being said, we’ve come back nicely from the lows and there was some money to be made in the shares this am if you were nimble. I didn’t try to mess with it, but I’m sure there were some traders that made some quick fiat.
Posted by aufever
@ 11:51 on January 29, 2026
Posted by ipso facto
@ 11:38 on January 29, 2026
A flood of paper! 