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

AG down over 9 %

Posted by Maddog @ 14:33 on September 5, 2024  

they shud have bt a Crypto Co….then they would have risen ten fold……

AG finally opened opened

Posted by Buygold @ 13:10 on September 5, 2024  

Down 9%

Seems cheap but probably dead until January after all the tax loss selling is done. Neumeyer has sort of lost his luster. Seems he’s taking a gamble by minting and selling his own coins. Hope it works for them.

I remember a couple years ago when the Robinhood guys were plugging SLV and they pushed AG to $24.

Course, I also remember when NEM was $80 in 2011. What a sector.

Captain

Posted by Buygold @ 12:38 on September 5, 2024  

Agree with you about tomorrow.

I haven’t given up on today just yet, although it’s a stretch for silver to get back above $29 today.

Dollar looks weak to me. SM too, although the perfect numbers tomorrow and maybe they’ll catch some shorts off guard again. They’ve been doing that for years now.

Today is the first day we’ve gone inverse the SM. Hopefully we’ll hold and some buyers will take notice.

Their favorite toy Bitcoin is faltering, they have to go somewhere.

Buygold @ 10:47

Posted by Captain Hook @ 11:35 on September 5, 2024  

Funny how that happens … no?

Can’t let silver get rolling back above $29 at any cost.

So magically … even though the economy is collapsing … the stats come out strong.

They got a real problem with that shit for tomorrows’ numbers though.

They better be baked just right, or their precious stock market will be in big trouble.

Cheers all

Another downside reversal for the SM

Posted by Buygold @ 11:35 on September 5, 2024  

Dollar goes back to flat.

Do we have enough mojo to hang in there and hold gains? ?

nothing new here

Posted by deer79 @ 11:30 on September 5, 2024  

Same old BS….

PMI’s & ISM beat

Posted by Buygold @ 10:47 on September 5, 2024  

They’ve turned the dollar up..

Starting to chip away at our gains a bit.

Shares still firm so we’ll see what they got.

Wow sliver crushing it

Posted by Buygold @ 10:28 on September 5, 2024  

Back above $29?

That might have erased the week’s early losses

Beautiful

Scum Report

Posted by ipso facto @ 10:10 on September 5, 2024  

Goldie – $3K

Posted by Buygold @ 9:32 on September 5, 2024  

Wondering if that doesn’t come sooner than we think

Jobs numbers ugly across the board

Posted by Buygold @ 8:49 on September 5, 2024  

Challenger Layoffs – 75K vs. 25K last month

ADP report – 99K new jobs vs. 140K estimates

Jobless Claims were better 227K vs. 230K estimates

Dollar inching back up now. Have to see what the 9 am crew has in store for us.

Numbers out – no harm, no foul so far

Posted by Buygold @ 8:43 on September 5, 2024  

Dollar moving lower a little.

Seems we’re going up this am whether we like it or not. 🙂

Don’t know anything about Gatos or AG really but looks like AG will get the obligatory beating for having the nerve to buy another miner. Open looks to be sub $5. I wonder if they’ll ever return to their former glory.

Nice surprise in the metals if we hold the gains.

First Majestic

Posted by deer79 @ 8:18 on September 5, 2024  

….is paying roughly a 16% premium for Gatos. Gatos is primarily a silver producer with their big mine in Mexico. Perhaps AG thinks that they’ll get more return on their investment when it comes to undervalued Silver…..

Mr.Copper @ 7:55

Posted by ipso facto @ 8:12 on September 5, 2024  

I hope so! Higher silver prices wouldn’t hurt either. Profits for the silver miners are not exactly stellar at this point.

Posted by ipso facto @ 8:09 on September 5, 2024  

Viva Gold Provides Update on Work Program at Tonopah Gold Project, Nevada

https://ceo.ca/@thenewswire/viva-gold-provides-update-on-work-program-at-tonopah

Lahontan Reports CN-Soluble Gold up to 91.5% at Calvada, 91.0% at York and 86.7% at Slab; Preg Robbing Potential Very Low

https://ceo.ca/@accesswire/lahontan-reports-cn-soluble-gold-up-to-915-at-calvada

First Majestic Announces Agreement to Acquire Gatos Silver

https://ceo.ca/@newsfile/first-majestic-announces-agreement-to-acquire-gatos

Sun Summit Completes 2024 Exploration Program at the JD Project, Toodoggone, B.C.

https://ceo.ca/@newsfile/sun-summit-completes-2024-exploration-program-at-the

Sierra Madre Provides Positive Update to Test Mining and Processing

https://ceo.ca/@newsfile/sierra-madre-provides-positive-update-to-test-mining

Abitibi Metals Extends Western Plunge in Step-Out Drilling at the B26 Polymetallic Deposit Highlights:

https://ceo.ca/@thenewswire/abitibi-metals-extends-western-plunge-in-step-out-drilling

Hemlo Explorers Closes Acquisition of Rocky Shore Metals and its Gold Anchor Project

https://ceo.ca/@globenewswire/hemlo-explorers-closes-acquisition-of-rocky-shore-metals

Xali Gold Options High Sulphidation Gold Project in Central Peru

https://ceo.ca/@globenewswire/xali-gold-options-high-sulphidation-gold-project-in

GFG Extends Gold Mineralization to Depth and Confirms Multiple High Grade Vein Systems with 23.08 g/t Gold over 7.6 m at the Aljo Target – Main Zone

https://ceo.ca/@globenewswire/gfg-extends-gold-mineralization-to-depth-and-confirms

SXG Confirms New 135-Metre-Wide Gold-Antimony Discovery Below the Golden Dyke Historic Mine

https://ceo.ca/@accesswire/sxg-confirms-new-135-metre-wide-gold-antimony-discovery

Jaguar Mining Provides Update on BA Zone Development and Exploration Progress

https://ceo.ca/@accesswire/jaguar-mining-provides-update-on-ba-zone-development

Amex Announces Mineral Resource Estimate on Perron Project

https://ceo.ca/@newsfile/amex-announces-mineral-resource-estimate-on-perron

Thesis Gold Updated PEA for Lawyers-Ranch Project: After-Tax NPV5% of C$1.28 Billion, IRR of 35.2% and 2.0 Year Payback

https://ceo.ca/@newsfile/thesis-gold-updated-pea-for-lawyers-ranch-project

Collective Mining Extends Trap 350 Metres Along Strike and Discovers a New Zone Named Blackjack by Drilling 30 Metres at 4.96 g/t AuEq from 11.85 Metres Downhole

https://ceo.ca/@newswire/collective-mining-extends-trap-350-metres-along-strike

AUGUSTA GOLD ANNOUNCES FEASIBILITY STUDY RESULTS FOR ITS 100% OWNED, CONSTRUCTION-READY REWARD PROJECT; INITIATES STRATEGIC PROCESS

https://ceo.ca/@newswire/augusta-gold-announces-feasibility-study-results-for

Banyan Intersects 0.72 g/t Gold Over 197.0 Metres From Surface, Powerline Deposit, AurMac Property, Yukon, Canada

https://ceo.ca/@accesswire/banyan-intersects-072-gt-gold-over-1970-metres-from

Trifecta Gold Samples 7.25 g/t Gold from Intrusion-Related System at Rye Project, Yukon and Provides Exploration Update

https://ceo.ca/@accesswire/trifecta-gold-samples-725-gt-gold-from-intrusion-related

Probe Gold Reports Significant Growth in Val-d’Or Gold Resources to 6,728,600 Ounces of Gold Measured & Indicated, a 77% increase; and 3,277,100 Ounces of Gold Inferred, a 131% increase

https://ceo.ca/@globenewswire/probe-gold-reports-significant-growth-in-val-dor-gold

Golden Rapture Mining Receives near Surface Drill Results as High as 285.00 g/t Au or (10.05 oz/t Gold)

https://ceo.ca/@newsfile/golden-rapture-mining-receives-near-surface-drill-results

West Red Lake Gold Announces Listing of Gold-Linked Notes and Warrants

https://ceo.ca/@globenewswire/west-red-lake-gold-announces-listing-of-gold-linked

Miata Metals Samples up to 133.25 g/t Gold from Newly Exposed Bedrock on Sela Creek Gold Project in Suriname

https://ceo.ca/@newsfile/miata-metals-samples-up-to-13325-gt-gold-from-newly

Thor Explorations Announces Exploration Update on the Douta Gold Project, Senegal

https://ceo.ca/@newsfile/thor-explorations-announces-exploration-update-on-the

AuMEGA Provides Hermitage Gold and Antimony Project Update

https://ceo.ca/@newsfile/aumega-provides-hermitage-gold-and-antimony-project

Alamos Gold Announces Development Plan for Puerto Del Aire Outlining an Attractive, High-Return Project with After-Tax IRR of 46%, and Significant Exploration Upside

https://ceo.ca/@globenewswire/alamos-gold-announces-development-plan-for-puerto-del

Westgold Resources Limited – Mining Commences at South Junction

https://ceo.ca/@newswire/westgold-resources-limited-mining-commences-at-south

Torex Gold Integrates EPO Deposit into Morelos Mine Plan

https://ceo.ca/@newsfile/torex-gold-integrates-epo-deposit-into-morelos-mine

Early Warning Notice Regarding Red Lake Gold Inc.

https://ceo.ca/@thenewswire/early-warning-notice-regarding-red-lake-gold-inc-b3e18

Osisko Development Announces Non-Brokered Private Placement

https://ceo.ca/@globenewswire/osisko-development-announces-non-brokered-private

Eric Sprott Announces Changes to His Holdings in Dolly Varden Silver Corporation

https://ceo.ca/@newsfile/eric-sprott-announces-changes-to-his-holdings-in-dolly

Dolly Varden Silver Announces Closing of First Tranche of $28 Million Bought-Deal Offering, With Participation by Eric Sprott

https://ceo.ca/@newsfile/dolly-varden-silver-announces-closing-of-first-tranche

Phenom Reports Strong Gold Results from its Dobbin Gold Project, Nevada

https://ceo.ca/@newsfile/phenom-reports-strong-gold-results-from-its-dobbin

Ximen Mining Corp Drilling Update: Brett Epithermal Gold Project – Vernon BC

https://ceo.ca/@newsfile/ximen-mining-corp-drilling-update-brett-epithermal

Aftermath Silver Begins Drilling at Berenguela, Issues Warrants and Grants Options

https://ceo.ca/@newsfile/aftermath-silver-begins-drilling-at-berenguela-issues

Osisko Provides Select Asset Updates

https://ceo.ca/@globenewswire/osisko-provides-select-asset-updates

Ridgeline Minerals Samples 3.8% Copper and 16.3 g/t Gold at the Big Blue Porphyry Project, Nevada

https://ceo.ca/@newsfile/ridgeline-minerals-samples-38-copper-and-163-gt

Northern Shield Trenching Returns 78.5 g/t Au with Visible Gold Root & Cellar Project, Newfoundland

https://ceo.ca/@newswire/northern-shield-trenching-returns-785-gt-au-with

Juggernaut Drills New Zone Averaging 10 Meter Thick Of Strong Eskay-Style Mineralization Over 700 Meters That Remains Open On 100 % Controlled Midas Property In Golden Triangle, B.C.

https://ceo.ca/@thenewswire/juggernaut-drills-new-zone-averaging-10-meter-thick

LaFleur Minerals Announces Option Agreement

https://ceo.ca/@newsfile/lafleur-minerals-announces-option-agreement

Great Pacific Gold Announces Focused Exploration Strategy

https://ceo.ca/@globenewswire/great-pacific-gold-announces-focused-exploration-strategy

Red Pine Announces C$7.0 Million “Bought Deal” Private Placement of Common Shares, Tranche 1 Flow-Through Shares and Tranche 2 Flow-Through Shares

https://ceo.ca/@globenewswire/red-pine-announces-c70-million-bought-deal-private

STLLR Gold Intersects 1.10 g/t Au over 74.00 m (Including 2.06 g/t Au over 29.60 m) at the Last Chance Zone at the Tower Gold Project

https://ceo.ca/@newsfile/stllr-gold-intersects-110-gt-au-over-7400-m-including

@ ipso facto, re AG merger with GATO

Posted by Mr.Copper @ 7:55 on September 5, 2024  

Maybe it will help AG stock get up and go for a change.

First Majestic takes out Gatos Silver

Posted by ipso facto @ 7:32 on September 5, 2024  

Buygold

Posted by goldielocks @ 6:51 on September 5, 2024  

Thanks for that news. I have no idea what the Fed will do. I’m really impressed with gold’s tenacity will everything falling around it. I was expecting it would loose some momentum but not as bad as everything else as far as the phyzz anyway. But then, the central banks are buying thanks to the current politics. the world is buying. It’s heading for that 3000 target.

Goldie

Posted by Buygold @ 6:32 on September 5, 2024  

I do believe the Fed will go a half point instead of a quarter. Could be the driving factor. The jobs numbers lately have been abysmal. Don’t know what they’ll be tomorrow but if they’re better than expected, no one will believe them because all the good numbers have been revised down.

The Fed needs to cut and they know it. I’m not too worried about inflation because the economy is falling off a cliff. Hard to see rates making that big of a difference until they get back to zero. They will because the US economy has been built on 0% rates.

Shux, looks like the Chinese decided to join us for breakfast

Posted by Buygold @ 6:24 on September 5, 2024  

$2500 in the rear view mirror this morning. Silver up near 2%. This is unexpected. No big move in the dollar, although tilting downward. SM trying to bounce back some this morning without much success and is flat.

Bitcoin down 2% (huh?) Oil up a little but below $70. Rates flat. PM shares firm but not crazy up.

It’s very early and there’s a lot of eco data this morning at 0830 EST. Hard to see that having too much of an impact, but you never know.

We didn’t capitalize on the move down in the dollar yesterday, so maybe this is make-up action. Regardless, looks good to me for now.

Maddog

Posted by goldielocks @ 6:19 on September 5, 2024  

BTW Maybe the same for Nivida. Someone put out a statement that they were getting subpoenaed by the DOJ for antitrust issues. They were leading the tech stocks as far as I know. They wondered who would do that to them. Cost of doing business in the states with this administration. Something going on with Google too. It’s like someone is attacking the tech leaders.

Madog

Posted by goldielocks @ 6:01 on September 5, 2024  

Yes I’m aware of him and his micromanaging dictatorial ideations that were so out there that even the demos didn’t give him enough votes for him to run when he probably thought if Trump could run for president so could he and might now have a personal grudge against him imo. It looks like he sent out his flying monkeys for mischievous political monkey business.

I wonder who was behind Reuters?  Maybe they can sue them for a tort that interfered with their business putting out false statements that resulted in a financial damage.  They may not be able to prove they did that to influence the election and as they would say interfering with ” democracy” but that it caused them a financial loss.

goldielocks

Posted by Maddog @ 3:22 on September 5, 2024  

Re Bloomberg

Bloomberg himself is a hopeless globalist/Davos freak….and all the major news aggregators, like Reuters and AP are also captured……though what Reuters did to Oil this week is almost a new low, when they put out those false reports about Opec increasing production this year……

Ps

Posted by goldielocks @ 0:28 on September 5, 2024  

I don’t know if you noticed but there’s people wall street that are suddenly starting to politicize the SM, particularly Bloomberg News that’s not fooling me anyways with their little comments that are leftist leaning towards comrade Harris who’s about as economic as a post Turtle. Whom ever it benefits, China, India, oil countries,  it won’t be us. I don’t know if they can put any pressure on the Fed or not.

Buygold

Posted by goldielocks @ 23:56 on September 4, 2024  

Dollar is pausing because ” this isn’t a game IMO” with the consequences anyways due to inflation.. just saying.  Apparently there’s betting going on about the Fed not only lowering interest rates but even bigger than people are expecting. I’m going to LAMO if there is no rate change.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.