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  1. Yesterday
  2. Higher costs ahead? Newmont had a solid second quarter but grouses about higher costs ahead. St. James Gold stumbled on word that it is sending crews to its grassroots gold properties in Newfoundland while getting set to drill Florin, in Yukon. Loncor Gold has raised cash for Imbo in the DRC. more...
  3. Last week
  4. BALT INDEX Bitmex has recently launch an Index - a Basket of Cryptos
  5. Gold stocks versus TLT Bonds GDX, TLT etc... from Mid-2020: 5yr: 3yr: 1yr: 10d :: GDX: xx / TLT: xx = Ratio-XX% Ratio GDX: xx / TLT: xx = Ratio-XX% ==
  6. UFO's "will be exploited" by the government says Abby Martin, in an interview with Joe Rogan / Why Are UFO's Being Acknowledged Now? >
  7. btc down to $33,000 after testing $30,000 - now near half the peak i have shifted most of my remaining 5% of original btc position into bch very limited volume in bch now My own little obsession. haha. Not really recommending. But percentage up move could exceed btc... if buyers come in. At $457, bch is 72.3% below the peak near $1,650
  8. Gold Royalties is buying Ely Gold Royalties GROY.T etc ... All-data: 1yr: 6mo: 10d / Last cc Gold Royalties is buying Ely Gold Royalties GROY.T etc ... All-data: 1yr: 6mo: 10d / Last: C$4.98 vs ELY: C$1.30 (26.1%) ==
  9. EMO at $1.92 on close ($3M o'all value with wts) seems to be the main share holding up ZC now update: 0.245 Emerita. & other emphasized in a presentation two days ago Invest in Copper Presentation (Ft. Emerita Resources, Core Assets & Nobel Resources)
  10. update / top $2,089 / $194.45= r10.74 = Gold: $1,891 /178.56= r10.59, LTPZ: 88.62 =2,01x, UGL:$68.2 at 12.31.20 / Gold: $1,830 / GLD: $172 =r10.63, 5.11.21 > $1,804 / $169 = r10.67, LTPZ: $88.5 =1.91x UGL: 59.27 at 7.22.21 chart#2: LTPZ: $88.7 / UGL: 59.27 = r1.49x at 7.22.21 LTPZ : $88.7 vs, Yr.H: $90.07
  11. update / top $2,089 / $194.45= r10.74 = Gold: $1,891 /178.56= r10.59, LTPZ: 88.62 =2,01x, UGL:$68.2 at 12.31.20 / Gold: $1,830 / GLD: $172 =r10.63, 5.11.21 > $1,804 / $169 = r10.67, LTPZ: $88.5 =1.91x UGL: 59.27 at 7.22.21 chart#2: LTPZ: $88.7 / UGL: 59.27 = r1.49x at 7.22.21 LTPZ : $88.7 vs, Yr.H: $90.07
  12. Newmont posts a healthy $1.6 billion adjusted EBITDA for the quarter Rajan Dhall, July 22, 2021 07:25 (Kitco News) - Newmont (NEM:NYSE) recorded $1.6 billion in adjusted EBITDA in their latest quarterly results. In addition to this world's largest gold miner produced 1.4 million attributable ounces of gold and 303 thousand attributable gold equivalent ounces from co-products. Newmont reported gold CAS of $755 per ounce and AISC of $1,035 per ounce. Full-year results continue to be back-half weighted, in line with guidance ranges. Generated $993 million of cash from continuing operations and $578 million of Free Cash Flow (97 percent attributable to Newmont)* The producer declared a Q2 dividend of $0.55 per share, consistent with the previous quarter. The company repurchaed $149 million as part of its $1 billion buyback program. Newmont ended the quarter with $4.6 billion of consolidated cash and $7.6 billion of liquidity. The net debt to adjusted EBITDA ratio stands at 0.2x and it reduced $550 million of debt outstanding with available cash in April 2021 Looking ahead, Newmont completed the acquisition of GT Gold in May 2021, increasing its interest in the prospective Golden Triangle. The company also approved full funding for Ahafo North in July 2021, meeting Newmont’s internal hurdle rate at the base assumption of $1,200 per ounce gold price; it expects to deliver an internal rate of return of over 30 percent at current prices > more: https://www.kitco.com/news/2021-07-22/Newmont-posts-a-healthy-1-6-billion-adjusted-EBITDA-for-the-quarter.html
  13. Excellon boosts silver equivalent production in second quarter Vladimir Basov. July 21, 2021 (Kitco News) - Excellon Resources (TSX:EXN) announced today that in Q2 2021, the company produced 487,009 silver equivalent ounces, a substantial increase over 34,924 ounces produced in Q2 2020, from the Platosa mine in Durango, Mexico. However, the company said that comparative production results from a year ago (Q2 2020) were impacted by the suspension of operations in Mexico from April 2, 2020 to June 1, 2020 in response to the outbreak of COVID-19. The company's silver production in Q2 2021 was 296,013 ounces (Q2 2020 – 18,919 ounces), lead production was 1.9 million pounds (Q2 2020 – 0.1 million pounds), zinc production was 2.5 million pounds (Q2 2020 – 0.2 million pounds). "Platosa delivered a fourth consecutive quarter of production at historically high productivity rates," stated Brendan Cahill, President & CEO. "We continue to see room for improvement, with our ongoing work to improve recoveries at Miguel Auza and, additionally, a sizeable inventory of ore and concentrate at quarter-end due to mill maintenance and weather conditions in late June." Excellon is advancing a precious metals growth pipeline that includes: Platosa, Mexico's highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. > https://www.kitco.com/news/2021-07-21/Excellon-boosts-silver-equivalent-production-in-second-quarter.html
  14. APEX may be back in a Buying window APX / Apex mining... 10yr: 5yr: 3yr: 2yr: 1yr: 10d / Last: P1.58 APEX vs GDXJ, GLD... update: 2yr: 1yr: 10d :: 1.58 / 44.50= 3.55% : / 168.78= 0.94% ==
  15. update: ROX: 1.38 /sugar-17.67 +0.27= 7.8%, RCI: 1.03 /sugar-17.67= 5.8%, RCI ... 3yr :
  16. Newmont declares quarterly dividend of $0.55 per share 0.55 x 4= $2.20* up from $1.75 the declared quarterly dividend of $0.55 per share is in line with the previous quarter and significantly higher compared to a dividend of $0.25 per share a year ago. Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The company’s portfolio of assets is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index. The company was founded in 1921 and has been publicly traded since 1925. > https://www.kitco.com/news/2021-07-21/Newmont-declares-quarterly-dividend-of-0-55-per-share.html NEM $2.20 / $60.36 = 3.64%. GOLG at $20.90, has a yield of less than half that, at 1.7% GOLD: $0.09 x4= 0.36 / $20.90= $1.72. (add on Return of Capital payment, of $0.14, then $0.23/qtr; $0.92 pa.) : 4.40% Next Record date for Gold is Aug.30th
  17. SMD and its investee co's are getting seriously trashed - Cash needs maybe? SMD-etc ... update / Last: 0.295
  18. Fair Value: about $21.50? The stock of Barrick Gold (NYSE:GOLD, 30-year Financials) appears to be fairly valued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher. At its current price of $21.3451 per share and the market cap of $38.1 billion, Barrick Gold stock shows every sign of being fairly valued. GF Value for Barrick Gold is shown in the chart below. ... it is important to carefully review the financial strength of a company before deciding whether to buy its stock. Looking at the cash-to-debt ratio and interest coverage is a great starting point for understanding the financial strength of a company. Barrick Gold has a cash-to-debt ratio of 1.10, which is worse than 72% of the companies in Metals & Mining industry. GuruFocus ranks the overall financial strength of Barrick Gold at 6 out of 10, which indicates that the financial strength of Barrick Gold is fair. ... Its operating margin is 38.27%, which ranks better than 90% of the companies in Metals & Mining industry. Overall, the profitability of Barrick Gold is ranked 6 out of 10, which indicates fair profitability. This is the revenue and net income of Barrick Gold over the past years: > source: https://www.gurufocus.com/news/1475636/barrick-gold-stock-gives-every-indication-of-being-fairly-valued OTHER Gold Miners: vs/ GOLD "fairly valued" at $20.83 and EV/ebitda of 6.34, PER: 15.0 NEM : Significantly Overvalued (8.79, 19.8) FNV : Fairly Valued ($147.8: 29.9, 47.3) Rgld : Fairly Valued ($116.5: 16.7, 28.3) Wpm: Fairly Valued ($43.89: 24.2, 34.4) KGC : Fairly Valued ( $ 6.19: 4.19, 5.73) KL. : U'valued -25% ($41.64: 6.24, 15.3) DPM: ??? GCM: $4.92: $4.52: $1.58: 3.49: $0.18: 3.66% $484M $61.7M $176M: 1.66 $95.M: > old data? ==== Kirkland Lake Gold reported positive production and sales information. The company produced 379,000 ounces of gold in the second quarter, 9% above consensus. Second quarter sales were 365,000 ounces, 5% above consensus. The company expects to end 2021 in the top half of 1.3-1.4-million-ounce guidance. Dundee Precious Metals reported preliminary production results for the second quarter as well, with consolidated gold output of 85,100 ounces exceeding consensus of 73,700 ounces. Gold production at Chelopech was very strong with 52,600 ounces benefiting from higher grades and improved recoveries. Performance remained solid at Ada Tepe. Dundee has produced 155,400 ounces and puts the company in good shape to aim for the higher end of the guidance range. Weaknesses
  19. Centamin's US$ quote could go a bit lower. like $1.25-1.30 CELTF ... update : 10d / Last: $1.43 / - GBP quote : CEY: 104.8P
  20. Looking Back at Q1 Results... Barrick will release its Q2 2021 results on Monday, August 9. Financial Results Q1'21 Q4'20 Q1'20 In $ Millions Revenue ($M). 2,956 3,279 2,721 Net earnings ($M). 538 685. 400 Adj. net earnings 7 507 616 285 Adj. EBITDA12. 1,800 2,106 1,466 Net cash from Operating activities 1,302 1,638 889 Free cash flow 6 763 1,092 438 Net earnings/ sh ($) 0.30 0.39 0.22 Adj. net earns./ sh. 0.29 0.35 0.16 Cap’l expenditures 424 445 364 Cash & equiv.($M) 5,672 5,188 3,327 Debt, net of cash (519) (33) 1,852 Dividend /share ($) 0.09 0.09 0.07 ==== Where will the excess Cash Flow go? + Strong free cash flow6 of $763 million in Q1 + Net cash5 improved by $0.5 billion from Q4 after advanced tax payment of $72 million in Nevada + Industry-leading cash return to shareholders in 2021 + Sustainable quarterly dividend of $0.09 per share in Q1 + $750 million return of capital approved by shareholders at AGM equating to $0.42 per share in 2021 – to be paid in three equal tranches in June, Sep., Dec. (/3= $0.047) > https://s25.q4cdn.com/322814910/files/doc_presentations/2021/05/Barrick-Q1-2021-Results-Presentation.pdf
  21. GOLD etf in HK : #2820 ... update : 10d / Last: 1,313.50 - 5.50 (/7.77 = $ 169.0) x 10.7= $1,809 Resistance seems likely at HK$1350 (/7.77 x10.7)= $1.859
  22. Gold : $20.72 + 0.18, +0.88% GDX : $33.00 + 0.11, +0.11% I bought a slug of GOLD calls before and after the price drop And am now near breakeven on the overall package Barrick will release its Q2 2021 results on Monday, August 9. Barrick resumes operations at Hemlo after fatality TORONTO - Miner Barrick Gold has resumed surface operations including processing at its Hemlo mine in Canada's Ontario province after a worker fatality last week suspended mining, a company spokeswoman said on Tuesday. +++ According to the CEO of Barrick Gold, Mark Bristow, due to an aggressive near-mine exploration program, Kibali was continuing to replace its reserves faster than it was mining them, and now has a resource base that is approaching the 2013 levels when the mine first went into production. The company also said that significant exploration successes could extend the Tongon gold mine"s life. Bristow said 10 years after it went into production Tongon could get a new lease on life thanks to promising results from near-mine exploration campaigns designed to replace the mine"s depleted reserves.
  23. Ely Gold assures holders of time to decide re merger 2021-06-25 07:43 ET - Shareholders Letter Ely Gold, in co-operation with Gold Royalty, is preparing a management information circular to be mailed to Ely Gold shareholders in mid-July, together with proxies/voting instruction forms to allow shareholders to vote on the transaction. To proceed, the transaction must receive a special majority of at least two-thirds of the votes cast at the Ely Gold shareholder meeting. We cannot predict, at this time, what all shareholders will choose but, consider these ratios: If between 16 and 28 per cent of shareholders choose the all-cash option, everyone will receive all cash and all stock as requested. If less than 16 per cent of shareholders choose all cash, those that choose all cash will receive all cash. Those that choose all stock will receive mostly stock and an increasing amount of cash (as the percentage drops). If greater than 28 per cent of shareholders choose all cash, those that choose all cash will receive less cash and an increasing amount of stock (as the percentage increases). Those that choose all stock will receive all stock (less the minimum 0.01 cent per share). Also important is that at 16 per cent or less all cash, Gold Royalty will only be paying out $46.8-million in cash, leaving $37.2-million in the treasury. \ More: --
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  25. Gran Colombia Gold posts increased production for Q2 2021 Vladimir Basov Friday July 16, 2021 13:32 (Kitco News) - Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) announced yesterday that it produced a total of 16,789 ounces of gold at its Segovia Operations in June 2021 bringing the total gold production for the second quarter of 2021 to 52,198 ounces compared with 44,377 ounces from Segovia in the second quarter of 2020. The company said it also produced 54,573 ounces of silver at Segovia in the second quarter of 2021, up from 41,342 ounces of silver in the second quarter last year. For the first half of 2021, Segovia’s gold and silver production totalled 101,256 ounces and 111,888 ounces, respectively, up from 94,723 ounces of gold and 87,260 ounces of silver in the first half of 2020. Gran Colombia added that with its trailing 12-months total gold production from Segovia at the end of the second quarter amounting to 202,895 ounces, up 3% over 2020, the company remains on track to meet its production guidance at Segovia for the full year of 200,000 to 220,000 ounces of gold. The company also announced today that its Board of Directors has declared the next monthly dividend of CA$0.015 per common share will be paid on August 16, 2021, to shareholders of record as of the close of business on July 30, 2021.
  26. Some good Drillnews.... brought VG.v price jump: $0.52, +0.095, +22.4% dd Volcanic Gold Mines, Radius Gold jump on drill results Kitco News | Jul 16 (Kitco News) - Today Volcanic Gold Mines (TSX-V: VG) and Radius Gold Mines reported 14.8m @ 3.96 g/t gold and 1,097 g/t silver, including 2.2m @ 9.79 g/t gold and 2,035 g/t silver, and 1.85m @ 5.6 g/t gold and 2,801 g/t silver from their La Peña vein at the ...
  27. STARTING Ivermectin... if you are just starting, the recommended dose now is one a day for 2 days, then one a week for 2 weeks, then one every 2 weeks, although most stick to the once a week
  28. GDX Dropped back to the lower end of the channel, & Gold fell less GDX ... update : 10d / Last: $33.92 -1.05, -3.0% GOLD/ barrick -etc ... update : 10d / Last: $20.86 -0.41, -1.7%; / GDX ($33.92)= r-xx% GDX 5-yr:
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