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

I looked around at the silver share complex and a number of the shares popped higher in the AH’s.
Probably just some shorts covering not wanting to hold over the weekend.

Interesting stuff from Sprott.

Glad you posted that … I was getting to it … because it’s so important … marking (the milestone) the end of the EU experiment.

Now … their insolvency being exposed is unstoppable no matter what they do … where the entire EU parasitic superstructure sucking the life out of European states should be history within just a few years … ironically about the time this evil alliance is planning to be running the world with their digital centralization scheme.

What’s more … and parenthetically then … this should also torpedo their digital control plans as well … where decentralization forces increasingly gripping global macro conditions will continue to accelerate as the vulgarities, corruption, and unworkable outcomes associated with globalism (centralization) are rejected on mass.

It’s a matter of survival … where people are about to be forced to reject the lies and fairytales of the bureaucrats, bankers, and billionaires … or die.

You can’t eat bullsh*t … well you can … but it tastes like crap.

Chuckle

I don’t think this has anything specific to do with NFGC, but Eric Sprott came out with his end of the year video/interview. He reviews the year, and claims that this is only the beginning of great things to come for the metals. He talks about the significance of the new Samsung battery and how it’s a game changer for Silver……

He also said that by the end of 2026, he would like his total exposure of Silver to Gold ( which is at 50-50), to go to 70-30 in Silver’s favor.

He currently owns 19% of NFGC……

I did some napkin math on First Majestic – AG

In Q3 they produced 4 million oz. of silver that sold at $39.03 on average. They earned $.13 a share. Using an avg. sales price of $54 per share in Q4, they will earn an additional $.44 per share. Estimates should probably be between $.50-.60 per share for the quarter. Multiply x 4 quarters and we’re talking $2 – 2.40 a share – that’s with silver at $54, not the current $67.

This doesn’t include the 753K oz. of silver and 4K oz. of gold they have in inventory that jumped from $51 million to $69 million in value.

Even at the low end of $2 per share they are trading at a PE under 9. At $2.40 a share they are a 7 PE. This with gold currently $13 an oz. higher than I factored in. IMHO, AG could easily be a $50 stock right now, but they are trading it as though silver is going to come back to the $40 range.

I sort of use AG as a proxy, just because I’ve followed it for so long. I’m sure the numbers are similar in many of these silver miners.

The silver shares are way undervalued compared to the gold miners, which are also undervalued.

I don’t know what a company like NEM is doing with all their earnings, but they sure aren’t paying a dividend anywhere close to what they should be. To me, this says there are going to be a bunch of buyouts, mergers, takeovers in the next 18 months if the metals stay strong. These things are becoming cash cows.

Any company that produces and can’t make money at these prices needs to be taken out and shot.

I checked both the company’s web site and my Trading View platform, and don’t see any recent news ( last news disseminated on Dec. 11 regarding infill drilling).

I wonder how many mines financed pre payments and contracts on future sales  at a set price that did not expect current prices and demand. If that could have something to do with no or little change on earnings and stock prices.

Re  These guys must have deep pockets and no respect for risk (because they are using other people’s money

Yep And got bail outs too.

and when they took off when gold was shooting up. Probably the 1980 spike. There was a lag of 9 months or so before the shares reacted, and the reaction was quite violent. and they all went, producers, explorers the lot. Anything with ‘gold’ in the name including a couple of companies with nothing to do with gold!

NFGC – spiked on heavy volume in the last couple minutes of trading and then continued up another 6% in the AH’s where it is now.

I don’t see any news. Anyone?

You’re right, there’s zero sense of urgency to jump into the silver shares. They’re basically trading par with the metals. I don’t know why, maybe they think a big correction is coming. It would have to be big, because it seems to me these things are trading as if silver is $45 or so. Maybe after the first of the year the funds will be forced to get long.

What other country is adverse as ours. It’s a scam. There’s only a few I can think of that assimilate and number one is the Japanese and didn’t come with their hand out either even when their country was war torn. Philippines as far as housing but will try to stick together and get connections to hook up job.

Point is this is it’s not diversity, they group together and these Somali and others group together and create organized crime where insiders must be inside demo criminals because they seem to be versed in how to funnel billions of our tax dollars fraudulently to transient migrant groups and were quite busy during Biden’s term.  This is not diversity,  they group together and then have no motivation to speak or read in English less they have to or assimilate to America culture and laws. Theres nothing diverse about it.

They’re also using us to funnel the money back to their country and some of which goes to terrorist groups.

There goes any hope to save UK or EU. Another problem with AI. Trump has been addressing the invasion of your borders and attacks on free speech. When Starmer and Zelenski got sent back home because of Zelenski acting like a thug thinking he could just demand things the VP Vance also confronted Starmer on treatment of the people and jailing people exercising free speech and Starmer lied and denied it. Vance looked like he wanted to kick him out of here. .

Checking to see if Trump offered to send any advisors to secure your border I couldn’t find any unfortunately but I found it more pathetically dire. When Trump suggested to use military to protect the borders Starmer told him they were using the military to help them in. Lol  Then mentioned returning some illegals to France they don’t belong either instead of where they came, I guess the people will have to do what it takes before the financial breakdown and chaos and no guns but somehow they can find their way into the hands of their enemies.

The UK government, under Prime Minister Starmer, later rejected the suggestion of using the military in this capacity, clarifying that military involvement under the previous government was limited to expertise in rescuing and picking up boats, not “pushback” tactics. Starmer emphasized that his government was taking the issue seriously through cooperation with other countries, such as a migrant return deal with France. 

I am not seeing any excitement in the shares (especially silver) considering the sh*t kicking SLV option writers are taking today. In the past they would have used the futures market to knock silver lower … and they have been trying with the futures trading lower than cash … so it’s not working … and is in fact very bullish.

So you would think traders would be looking at this and bidding the shares higher … and more liquid shares are well bid … but still not reflective of any hurry to get involved.

But then many juniors are comatose … with top calling and blatant shorting widespread.

They better hope silver doesn’t pull a ‘crazy Ivan’ on Sunday night / Monday and surge higher yet again.

I am trying to see the bearish case right now and I just don’t see it.

These guys must have deep pockets and no respect for risk (because they are using other people’s money).

Cheers all

That’s a kick in the yarbles! The German economy has plenty of troubles without that.

re EU borrowing…look what it has done to German rates

Was talking to a mate who is a serious car dealer…..and wheeler dealer…I asked him if he had heard about the new batteries, no he said, so I told him what I had heard……especially about the Silver…..AAAh he said, that might explain why another contact of his, had said to him last week…..there is no silver anywhere…you can’t get it….

If my mates can’t get any, there ain’t any……this would be scrap as well as bars.

EU Folds On Russian Asset ‘Reparations’, Commits $105BN Loan To Ukraine

Europe has folded rather quickly on EU leaders’ controversial plan to confiscate Russian assets held in Belgium’s depository Euroclear to use as a reparations loan for Ukraine.

On Friday it became clear in the two day Brussels summit the EU was unable to agree on the plan, but instead has opted to raise €90 billion ($105 billion) in joint borrowing, with Hungary, the Czech Republic and Slovakia choosing not to take part.

https://www.zerohedge.com/geopolitical/eu-commits-105bn-loan-ukraine-fails-steal-russian-assets-reparations

re yr 6.38

That is AI bollox….please be careful what u post ……

They still want $4340 to be a block wall for some reason. Maybe if $4340 falls, the floodgates open to $5K

Bear Creek as well

Finally?

I’m glad we broke up out of the sideways over the last week. Hopefully this is THE breakout that gets us a 50% move in the HUI.

A good time for it to happen going into the New Year if it sticks.

Two mergers ( in the silver space), in the last few weeks……(Highlander/Bear Creek, and DVS and Contango). Seems to be potentially a “shift of gears” ( instead of a takeover which always produces a massive hit to the stocks).

Thoughts on this merger?

aurum