Ascot to Launch C$0.01 Per Share Rights Offering and 50:1 Share Consolidation; Enters into Advisory Agreement with Fiore and Support of Major Shareholders and Creditors

https://finance.yahoo.com/news/ascot-launch-c-0-01-132900036.html

Supposedly Putin has held back from destroying many of the important gov buildings in Ukraine. If Moscow gets hit hard then I wouldn’t want to be living in Kiev!

I don’t know what territorial gains Putin wants to have. Doesn’t look like he’s there yet. Maybe it’s other factors that are holding up a peace deal?

With all the devastation in Ukraine, you wonder how they have places to build weapons. Do you find it odd that Putin hasn’t gone for the jugular and leveled Kyiv?

I also find it odd that Putin didn’t accept stopping the war at the current battle lines allowing him to keep the territory he’s already taken. If he wants the whole country, why not destroy Kyiv?

All wars are bankers wars I guess. 🙂

Zelensky Touts Successful Test Of ‘Flamingo’, Homegrown Cruise Missile Which Can Hit Moscow

Back in August, Ukrainian President Volodymyr Zelensky boasted that his military no longer needed US ‘permission’ to conduct long-range strikes on Russian territory with missiles. This was given that Ukraine had been developing its own domestic designed and produced long-range missile. Zelensky at the time unveiled the ‘Flamingo’ cruise missile.

On Thursday Zelensky has announced a successful test the Flamingo, which can also be described a drone-missile capable of strike as as far as 3,000km (or over 1,860 miles) away.

https://www.zerohedge.com/geopolitical/zelensky-touts-successful-test-flamingo-homegrown-cruise-missile-which-can-hit-moscow

but still gets punched in the mouth.

Average sales price of gold was $3539 – higher than I thought it would be. Only a $.07 more than last quarter, probably should have beat by more than that which might be why they are down. I know the high-end range of estimates was $1.81.

They kept their dividend at $1 per share, even though they are set to earn around $7 a share. Not exactly rewarding their shareholders or protecting the share price are they?

I think AEM might be next in line. They seem to have better management.

Edit: NEM isn’t being beaten too bad.

The metals didn’t have that great a day with rates back at 4%. Might be sketchy until the Fed cuts .25 next week again.

I am so cynical about Fall st and this sector , that it wud not suprise me if the analysts deliberately pushed forecasts hi, so they can hardly ever beat.

had a sneak peak at those earnings the last 30 minutes of trading……

The last 3 quarters they beat by 29.2%, 36.5%, and 23.3%.

This beat by only some 16%

Re NEM that is a beat, anyway u look at it…yet the stocks trades down as per usual…..which has to tell us that there are vast shorts…..if that was an AI stock..it wud be bid thru the roof, as everyone is long…..

When do these bums get taken out ….

Q3 revenue 5.524 million ( trading view had a consensus at 5.19 B)

Q3 EPS $1.67 ( trading view had a consensus of $1.45)

Stock is slightly down AH

has lost $1.00 in the last 10 minutes……

Oh oh

meanwhile GFI is plus 4.5 %

Re share lending…I seem to remember that if you place a GTC order to sell yr shares above the market, yr broker can’t lend the shares, sp put an order in 100 % above todays price and …rememeber it.

Others I’ve read say unless you specifically notify your broker that you will not allow your shares to be lent out in your margin account, the broker has a right to do so.

I liken it to what the WEF and WHO has done to say a country has accepted and approved of their shenanigans. If you don’t specifically notify them that you DO NOT approve, they consider that you HAVE approved. (Implied consent)

They’ve bet the farm on NEM. It’s pretty much carrying the HUI, although B and AEM are helping some.

My concern is that most of the quarter prices weren’t a lot higher than Q2 and won’t reflect recent gains which will be blockbuster this quarter.
Really hoping they come through.👍

I just checked with our brokerage account ( Schwab) how the lending out of shares works.

I was told that unless your account goes into “margin debt” status ( if you’re account is worth $100,000, yet you borrow more $ than what your account is presently worth), the shares in your account are not lent out…….

Looks like the scum are working overtime to try and thwart any positive momentum to PM shares ( been closely watching how NEM is trying to be held in check, just before earnings come out….

https://duckduckgo.com/?q=Notice+sent+to+investers+by+their+Broker+about+loaning+out+their+shares%3F&t=brave&ia=web

really picking up steam here…..FWIW

https://x.com/i/status/1981322207872647414

Thanks! Let the healing begin! 🙂

The shares are being limited by those top lines ….once/if they break, we shud see the shares power ahead, as they are well undervalued relative to current prices…..

I hope you’re wrong too!

Probably like you said earlier. A whole bunch of people probably bought in the last month and a half and saw their gains evaporate in 3 days.

Earnings will be good but may not matter if the metals aren’t going up. I don’t think these gains are going to hold today. Hope I’m wrong.

Serial doses of reality will increasingly be foisted upon big tech’s plans to ruin your life in years to come …

Peak Net Energy To Impact Technology & Asset Values

Necessary listening in order to understand the future.

Steve is easy listening and has a brilliant mind.

Thank you Steve

re: shares … Yeah you’d think they’d be doing better on the metals turnaround. I guess people are afraid of the Double whammy! (Technical Term)