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

Buygold

Posted by ipso facto @ 10:09 on August 16, 2024  

I imagine afterwards he bought his helmet a drink … and then downed both of them!

Yes, the drone couldn’t have been too heavy with explosives. Pretty darn scary moment for that fellow!

Captain Hook

Posted by ipso facto @ 10:05 on August 16, 2024  

Looking forward to $2500+! $2500 is one of those ROUND ROUND numbers, sure to attract some attention!

Cheers

First breach of $2500

Posted by Buygold @ 10:04 on August 16, 2024  

Got to $2500.70, brought in a little selling but not a big dump. Hopefully the longs are reloading, or the shorts get some stops triggered.

OK – now we’re getting a dump, coinciding with 10 am. Silver pushed negative, some selling of the shares.

This is scum action for sure.

Ipso

Posted by Buygold @ 9:45 on August 16, 2024  

Says a little about the content of the explosive. Must not have much in the way of shrapnel, or I doubt he’d walk away. Probably adds too much weight.  Almost like tying a bunch of M-80’s together hoping simply that the blast will cause disablement.

God bless him though, that was quick thinking.

Darn, we just hit $2497

ipso facto @ 9:14

Posted by Captain Hook @ 9:42 on August 16, 2024  

Nice find.

Buygold

Take it easy.

Look for a strong weekly close to signal more gains next week.

They are unleashing draconian amounts of taxpayer funded digits on Comex to keep PMs tamped down – but have you seen the news lately – chuckle.

Gold over the large round number at $2500 should trigger more gains in silver and the shares – especially as gold heads above $2600.

Cheers mates

Buygold

Posted by ipso facto @ 9:35 on August 16, 2024  

That’s right! You are!

He may have a bit of a headache!

Wow, that Russian soldier is a stud!

Posted by Buygold @ 9:34 on August 16, 2024  

He reminds me of myself. Kinda. 🙂

Buygold

Posted by ipso facto @ 9:30 on August 16, 2024  

Housing numbers have been terrible!

I saw Kamala’s new plan to give home buyers down payment money. Gee I wonder who’s going to pay for that? Probably everyone. What other “free stuff” is she going to hand out?

Spot high of the morning $2493.50

Posted by Buygold @ 9:29 on August 16, 2024  

So close to the big round number.

Will there be a battle? Will silver play catch up? Will the HUI make new highs?

Can bet the scummy ones are sitting in the wings with some contract dumps because the SM is down a little. No way they let us run in a down SM. Right?

So many questions

Wild

Posted by ipso facto @ 9:27 on August 16, 2024  

Unbelievable footage of a Russian soldier head-butting a Ukrainian killer drone and using his helmet as a shield against the blast. He then walks away into the forest for cover. Legendary.

https://x.com/KimDotcom/status/1824060984115466394

Ipso

Posted by Buygold @ 9:23 on August 16, 2024  

???

You and I could have a bidding war for the last remaining BTC’s after the collapse!

Not sure what we have going on here in the pm market but I like it so far. When I went back to bed silver was down $.25 and gold up $9. Silver now almost positive and gold up $30?

I like it. Not too far from $2500 if we can keep going.

I guess housing numbers matter and they missed bigly. Not good for the 20 million illegal men that came into the country. Where are they going to work? Oh wait, the military is hiring to fight the white peoples in America. ?

Getting a little 9 am treatment but still strong and the dollar is struggling. Maybe we’re getting closer to it being our time.

Posted by ipso facto @ 9:14 on August 16, 2024  

Buygold

Posted by ipso facto @ 8:18 on August 16, 2024  

Re: BTC I’m holding out for 79 cents!

Posted by ipso facto @ 8:15 on August 16, 2024  

Westgold Declares Maiden South Junction Ore Reserve – Updated

https://ceo.ca/@newswire/westgold-declares-maiden-south-junction-ore-reserve-532f2

Gold Mountain Announces Financing of $6.5 Million by Way of Issuance of a Convertible Debenture

https://ceo.ca/@accesswire/gold-mountain-announces-financing-of-65-million-by

Nickel Creek Platinum Announces Share Consolidation

https://ceo.ca/@newswire/nickel-creek-platinum-announces-share-consolidation

Signature Resources Announces Results from the May 2024 Field Program, Provides Update on 2024 Drilling Program

https://ceo.ca/@newsfile/signature-resources-announces-results-from-the-may

Sabre Gold Advises of Victoria Gold Receivership

https://ceo.ca/@newsfile/sabre-gold-advises-of-victoria-gold-receivership

Americas Gold and Silver Reports Q2-2024 Results

https://ceo.ca/@businesswire/americas-gold-and-silver-reports-q2-2024-results

Mawson Finland Closes IPO and Announces Listing on TSXV

https://ceo.ca/@globenewswire/mawson-finland-closes-ipo-and-announces-listing-on

K2 Gold Closes First Tranche of Private Placement Financing

https://ceo.ca/@newsfile/k2-gold-closes-first-tranche-of-private-placement-financing

PPX Provides Construction Permitting Update

https://ceo.ca/@accesswire/ppx-provides-construction-permitting-update

Exploration to Expand Into the East Pilbara

https://ceo.ca/@globenewswire/exploration-to-expand-into-the-east-pilbara

NEVADA CANYON EXERCISES AN AMENDED OLINGHOUSE ROYALTY OPTION TO PURCHASE AGREEMENT

https://ceo.ca/@globenewswire/nevada-canyon-exercises-an-amended-olinghouse-royalty

Pelangio Explores Potential for Near-Term Production at Manfo

https://ceo.ca/@accesswire/pelangio-explores-potential-for-near-term-production

Great Quest Closes Final Tranche of Private Placement

https://ceo.ca/@businesswire/great-quest-closes-final-tranche-of-private-placement

CMC Acquires a 16.05% Interest in North Bay Resources Inc. and Announces a Change in Directors

https://finance.yahoo.com/news/cmc-acquires-16-05-interest-120000295.html?guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMi92aWV3L3YxP19ndWNfY29uc2VudF9za2lwPTE3MjM4MDgzNjQ&guce_referrer_sig=AQAAAEL5j4ZJvs1Q1yLvwojnZEReDUhPsyfaRGofYOUExeBsmSvApmPv0nNwE9Y9L03Km4xGjBYjp4RkSkBVANh1WJeIY0Gcqqu0v3dPYNmOoiUziLYpQFTzbTJlC-MsdvhPqpBY5oyQRSvgoMizLM-7gWCfVwREFf1vKZy3RfE02nA_&_guc_consent_skip=1723810449

Quiet close to the week?

Posted by Buygold @ 7:03 on August 16, 2024  

Gold steadily higher by $10 or so this am. Silver down $.15 mainly because it was up yesterday nicely, so that cannot continue. One of those silly rules we deal with daily.

Dollar and rates giving back some ground as they should, both were way overdone yesterday on data that was weak but the algo’s treated as strong. Dollar was flat earlier but seems to have a little downside momentum in the last hour. 10 yr down 3 bips. Not helping us so much although we did get a move up against a stronger dollar yesterday, so maybe a wash?

SM flat, oil taking it on the chin for 2% back to $76.37. Bitcoin up 1.4% but still below $60K in the $58K range.

There was an article about the vast majority of Bitcoin holders hanging onto their coins. Makes sense because of the immense gains, but also might invite a big shakeout to dislodge some of the players. I’m looking to buy at sub $1. 🙂

Not a big eco data day, housing numbers and consumer sentiment. Usually not big market movers.

Been watching AEM’s chart. Such a steady mover, tracking gold perfectly and making new highs without big selloff’s immediately after. Will you get the doubles and triples like 1% of the juniors do? No, but you won’t be stuck with one of the 99% of the others that go to zero. Greed is a terrible thing, especially in pm shares. Wish I had learned that a long time ago.

Gold Train

Posted by Maya @ 3:00 on August 16, 2024  

KCS Southern Belle Santa Train
https://railpictures.net/photo/846821/

 

More on the Mexican mining proposals

Posted by ipso facto @ 21:22 on August 15, 2024  

https://www.usnews.com/news/top-news/articles/2024-08-15/proposal-to-ban-open-pit-mining-advances-in-mexican-congress

This could be broadly interpreted

Posted by ipso facto @ 21:16 on August 15, 2024  

“The changes would also prevent the exploitation of water in areas with water scarcity, with the exception of extraction in populated areas for domestic use…”

https://x.com/GoldTelegraph_/status/1824204184708919742

PROPOSAL TO BAN OPEN-PIT MINING ADVANCES IN MEXICAN CONGRESS

Posted by ipso facto @ 21:13 on August 15, 2024  

BREAKING NEWS

PROPOSAL TO BAN OPEN-PIT MINING ADVANCES IN MEXICAN CONGRESS

Mexico is the biggest silver producer on the planet.

https://x.com/GoldTelegraph_/status/1824202914824384595

My bad

Posted by deer79 @ 15:57 on August 15, 2024  

Thank you for clarifying their results for me……

Will look through and certainly keep an eye on this one…..

WDO results

Posted by adogsbody @ 15:55 on August 15, 2024  
  • Consolidated gold production was 44,035 ounces at cash costs per ounce1 of $1,286 (US$940) and all-in sustaining costs (“AISC”) per ounce1 of $1,977 (US$1,445).
  • Net income increased to $29.1 million, or $0.19 per share, an increase of $34.1 million from the corresponding quarter in 2023 and $18.4 million from the first quarter of 2024.
  • Cash margin1 increased to $76.2 million or by more than 2.5 times relative to the prior year quarter mainly due to an increase in ounces sold, a higher average realized gold price and lower cash costs.
  • Operating cash flow was $57.1 million, or $0.38 per share1, $43.1 million higher than the corresponding period in 2023 mainly due to the higher cash margin.
  • Free cash flow1 of $28.4 million was $33.7 million higher than the corresponding period in 2023 mainly due to higher operating cash flow partially offset by an increase in capital expenditures.
  • Available liquidity of $200.7 million includes $50.7 million in cash and $150.0 million of undrawn capacity available under the Company’s revolving credit facility.

deer79

Posted by ipso facto @ 15:53 on August 15, 2024  

Wesdome has released it’s earning for the quarter. There is a link below.

Cheers

The Ukrainian incursion into Russia makes the world a more dangerous place

Posted by ipso facto @ 15:52 on August 15, 2024  

Western Battle Tanks Are Invading Russia: Sky News

https://www.zerohedge.com/geopolitical/western-battle-tanks-are-invading-russia-sky-news

Adogsbody

Posted by deer79 @ 15:51 on August 15, 2024  

I don’t know anything about Wesdome, but just tried to look at headlines to see if anything popped up….
According to Globe Newswire (story dated July 9), quarterly earnings were supposed to be disseminated on August 14….

As far as I can see, nothing has been released yet?????The stock is down almost 6% today on only 44,000 shares….

Perhaps it’s something to watch…..

WDO Wesdome

Posted by adogsbody @ 15:30 on August 15, 2024  

Great results

down 5%

sell the news I guess?

Dog

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