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

War bad for Gold….I can’t get my head around that one …..I’d like to think the mkts sees more argueing, as the closer to the end we get, as the regime has zero chance vs the US and Israel…..but it is far more likely the mad correlation Algos that saw Gold trading the SM and now link the two !!!!! …go figure.

FREEFALLING……..

Yeah let’s hope for stellar earning anyways. If you’re a producer you better be tallying some major profits or what’s a Gold Bull for! 🙂

This came out of nowhere. As deer79 mentioned, they must have done some probing and found some holes. It was straight down for a while there. I actually thought we might bounce after the first hour. This has been a long correction. Hoping that earnings will help but not holding my breath.

There’s no volume and no interest. Can’t say I blame them.

Did you get the number of that bus? Sheesh!

in the first hour. Can we mount a comeback?

Seems overdone.

keep the boot on our necks and totally demoralize. Check, and check. Another perfect day for the scum. Over and out, until another repeat performance tomorrow. Have to crush NEM no matter how good their earnings may be….

West African Resources Limited (‘WAF’, ASX:WAF) advises it has held extensive discussions with the
Government of Burkina Faso regarding the ownership structure of its Kiaka Gold Operations. On 16
April 2026, the Government published Decree No. 2026-0287/PF/PRIM/MEF/MEMC (Decree) in the
Official Journal of Burkina Faso. Publication of the Decree follows a meeting of the Council of Ministers
of the Burkina Faso Government held on 19 February 2026 that considered a draft decree to authorise
the Government’s acquisition of an additional 25% equity interest in Kiaka SA.1
The Decree authorises Société de Participation Minière du Burkina Faso (‘SOPAMIB’) to acquire an
additional shareholding in Kiaka SA and also details that:
 the additional shareholding by SOPAMIB in the share capital of Kiaka SA is set at 25%, and is to
have a value of seventy billion (70,000,000,000) CFA francs (approximately A$175 million);2
and
 the Minister of Economy and Finance and the Minister of Energy, Mines and Quarries are
responsible, each within their jurisdiction, for the implementation of the Decree.
WAF will work cooperatively with the Government to finalise the terms of SOPAMIB’s acquisition of a
25% shareholding in Kiaka SA. We will aim to have this completed by the end of CY 2026. WAF plans
to distribute the cash proceeds received from the sale of its 25% interest in Kiaka back to shareholders
by way of a special dividend.
WAF’s Sanbrado and Toega operations are not the subject of a request for additional participation by
the Government and are not referred to in the Decree.
West African Executive Chairman and CEO Richard Hyde commented:
“Publication of the Decree removes uncertainty regarding the Government’s interest in Kiaka. WAF will
proceed to finalise a transaction with SOPAMIB, which we aim to have completed by the end of CY 2026.
WAF plans to distribute the cash proceeds received from the sale of its interest in Kiaka back to
shareholders by way of a special dividend.
“Our discussions with SOPAMIB have been extensive and robust. During these discussions, we have also
explored opportunities for a mutually beneficial long-term partnership on advanced gold projects within
SOPAMIB’s current portfolio.
“I look forward to releasing WAF’s quarterly activities and cash flow reports later this week, which are
anticipated to report a record high cash position for WAF.”
WAF confirms it is in compliance with the ASX Listing Rules, including Listing Rule 3.1, and that this
announcement is intended to lift the trading halt of WAF’s securities and reinstate them to trade. This
announcement was authorised for release by WAF’s Executive Chairman and CEO Mr Richard Hyde.

https://wcsecure.weblink.com.au/pdf/WAF/03080668.pdf

Don Durrett – goldstockdata.com
@DonDurrett
·
Burkina Faso is demanding the right to own 40% of West African Resources’ mine. They already have 15% free carry. Now they are demanding the ability to purchase an additional 25%. They will receive 40% of the profit.

Orezone Gold and IAMGold both have large mines in Burkina Faso. They likely will face the same demand. 🙄

https://x.com/DonDurrett/status/2046369159723032928

But naturally the only thing it’s hurting is pm’s. SM futures are up, oil down 1%, Bitcoin up again after a big day yesterday.
More typical pre parabolic action that we saw forever.

edit: shares don’t look too bad, despite the weak metals they seem to be strengthening a bit

Heading for the gulf. I wonder how that’s going to work starting in June when hurricane season starts.

Thank you brother. I just hope it’s the right ideas. You fall down get back up. Just remember what God gives us wall street will try to take away.

Thanks for the ideas. One of the  reasons why I love this site; the ideas that we can share with each other!

Oil stocks on the move, see the charts dyodd. (more…)

Maybe not limit it to just PMs

Stocks that will service all those ships heading for the Gulf Coast may start to move, maybe even UNG. Here’s some of them, some are private some not

I’m not sure I’d limit it to juniors. Small caps, large caps, all caps. They all have algorithmic weights attached.

…..but with each passing day, it becomes increasingly difficult to watch ( and attempt to trade) in such an inorganic, artificial algorithm controlled environment. I ask myself, “why should I buy anymore of the junior  miners “ ( that I’m constantly told are cheap), on the hopes that they may have everything go right and appreciate in value……..

Peter St Onge, Ph.D.
@profstonge
·
2h
An armada of 171 oil tankers are headed to America to buy 200 million barrels of oil — about half what’s left in the Strategic Reserve.

We’re gonna need a bigger drill.

https://x.com/profstonge/status/2046189637987946907

https://stockcharts.com/sc3/ui/?s=RUPRF

DOW already turns positive. PM shares had a death drop at 0931 ET, but starting to recover some. Dollar is now negative.

Never know, China’s Xi tells Iran to open the strait, that’s helpful.

NEM earnings on Thursday.

TORONTO, April 20, 2026 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle” or the “Company”) announced today a plan to complete a comprehensive consolidation of properties in the Central Lapland Greenstone Belt (“CLGB”) of Northern Finland, pursuant to which Agnico Eagle has entered into definitive agreements in respect of three separate transactions: (i) the acquisition of all of the issued and outstanding shares of Rupert Resources Ltd. (“Rupert”); (ii) the acquisition of all of the issued and outstanding shares of Aurion Resources Ltd. (“Aurion”); and (iii) the acquisition of a 70% interest in Fingold Ventures Ltd. (the “Fingold JV”) held by B2Gold Corp. (“B2Gold”), which together with the 30% interest held by Aurion, would result in Agnico Eagle owning a 100% ownership interest in the Fingold JV. The Company currently owns 13.9% of Rupert on a non-diluted basis and 9.9% of Aurion on a partially diluted basis.

https://finance.yahoo.com/markets/stocks/articles/agnico-eagle-consolidate-finlands-central-103000070.html