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"Something's gonna give here" (I said, and it did.) One of these, or several will soon follow TLT / Bonds higher, if TLT keeps rising. 1.5.24 : ROCK (1.41, 1.46%) vs. TLT (96.29) Areit(34.00), Mreit(12.72), RCR(5.02, 39.5% mr-) 12.7.23: ROCK (1.38, 1.40%) vs. TLT (95.32) Areit(30.65), Mreit(12.00), RCR(4.79, 39.9% mr-) MREIT (12.00) / TLT (94.61) = r-12.68%; w/AGI (P9.65) w/AGI (P9.65): Feb.2022: ELI, MEG, etc ... updated to 12/12/23 ==

MEGAWORLD is (so far) failing to follow TLT/ Bonds higher MEG (1.98) / TLT (94.61 +2.00, +2.15%) = r-2.09%

updated MEG : 2.03 /SHNG (3.77, 53.8%, -1.74) ROCK (1.41): -0.62; M/TLT (96.29) 2.11% 12.05.23: MEG: 2.00, SHNG (3.65, 54.8%, -1.65) ROCK (1.41): -0.59; M/TLT (92.62) 2.16% STILL WAITING for a good breakout - Watching TLT/ Bonds rise! MEG (2.00 -0.03) / TLT (92.62 -0.37, -0.40%) = 2.16% at 12.05- No Breakout!, was 2.31% MReit P12.16 +0.10. was P12.34 Thu. 11/17th ELI still in correction mode, at 0.123, range: 0.094 to 0.214

CLOSE-up on HIVE : 5d, Last: $3.83. O: $3.79, H: $3.88, L: $3.57 CRY: 5d, //BTC: $38.0k +7.7% Hive: $3.83, +10.4%, 10.1% Riot: $15.00 +8.9%, Mara: $14.86, +8.5% /BTC: $38.0k +7.7% Hive: $3.83, +10.4%, 10.1% Riot: $15.00 +8.9%, Mara: $14.86, +8.5%

The BOLD Strategy: Gold vs. Bitcoin: BOLD Index plays off strengths of both assets (Kitco News) - As the debate between traditionalists who prefer gold as the established store of value and the younger investing crowd who see Bitcoin (BTC) as gold 2.0 rages on, some have noted that there is plenty of room for both to exist, and the Vinter ByteTree BOLD1 Index (BOLD) shows that there are profits to be made in the compromise. The BOLD1 index was designed to take Bitcoin and Gold, the world’s two most liquid alternative assets, and combine them on a risk-adjusted basis. “Due to their natural low correlation, the diversification benefits of holding both assets have been unusually high,” said ByteTree analyst Charlie Morris. “Bitcoin prefers risk-on market conditions, while gold prefers risk-off.” . . . As a result of the declining volatility, Bitcoin’s weight in BOLD has increased from 25.1% to 25.3% over the past month. The remaining 74.7% is allocated to gold. “The current Bitcoin weight is high by historical standards, and has been rising as volatility has been falling,” Morris said... He said the BOLD strategy manages risk with an inverse volatility weighting methodology and helps to add value over time. “Each month, the rebalancing process sells the stronger asset and reinvests the proceeds into the weaker asset. This buy low, sell high approach accumulates the weaker asset over time.” Morris said that BOLD has served as “a gold accumulation strategy” since 2018, reducing its Bitcoin by 18% but increasing its gold holdings by 38%. REBALANCING : “An investor who put $1,000,000 into BOLD in 2018 would have started with 162 bitcoins and 1,756 ounces of gold,” he said. “By November 2023, that investor now has 134 bitcoins and 2,430 ounces of gold.” 134 x $39k = xx + 2,430 x $2,070 = xx / Combined: Between the Bitcoin peak in Nov. 2021 and the low in Nov. 2022, the above scenario would have seen BTC holdings increase from 77 BTC to 231 BTC, while gold would have declined from 2,625 ounces to 2,104 ounces. “The gold quantity had reduced by 20%, but the Bitcoins held grew threefold,” Morris said. “That meant BOLD held ample Bitcoin at the start of the bull market this year. Had the investor not rebalanced, they would have held 93% in Gold and 7% in Bitcoin at the beginning of 2023 and returned 20% instead of BOLD’s 34%.” “This demonstrates the power of rebalancing, but make no mistake, if you are certain which asset will win in the future, then that asset will beat BOLD,” he said. “The trouble with that is we might think we know which asset will be the strongest, but we don’t.” ... This last chart, showing BOLD vs. Money Supply may capture its strategic value STRATEGIC VALUE: “The outlook for both Bitcoin and gold is encouraging,” Morris concluded. “Investors are underweight, and both assets have good momentum behind them. We are living in an uncertain world, and after two years of a shrinking money supply, as the central bankers hike interest rates, it seems likely this will reverse. At least that is the message from BOLD, which appears to be forecasting the money supply growth to resume.”> https://www.kitco.com/news/2023-12-01/Gold-vs-Bitcoin-BOLD-Index-plays-off-strengths-of-both-assets.html

REDEMPTION AMOUNT CUT! From 46% (x$20M= $9.2M?) to just $4.8M (24%?) After paying out the Payout, the DEBS dropped from the $80-84 Level, by more than 50% $80 x1000 x100% =$80.0k, $100 x1000 x 46% =$46.0k, +$37 x1000 x54%= $19.98k= $66.0k (-17.5%) $100 x1000 x 24% =$24.0k, +$37 x1000 x76%= $28.12k= $52.1k (-34.9%) 1,000’s of US Dec.31’22 : Sep.20’23: Total Assets : $1,097.3M: $ 890.4M: No. properties: 77 : 65 : Value / Prop. : $ 14.25M : $ 13.70M : - Total Debt : $765.5M : $ 616.7M : = Equity, etc : $331.8M : $273.7M : -17.7% Other liabs. : 14.8M : 5.0M : Pfd equity : 85.4M : 85.4M : Com. equity : 231.6M : 183.3M : Shares OS : 55.M E : 55.16 M : BV per sh. : $4.21 : $ 3.32 : -21.1% ======= Issuer: Invesque Inc., common shares, U.S.-dollar symbol: IVQ.U: Last: $0.205 Invesque 5 per cent debs, U.S.-dollar symbol: IVQ.DB.U : $40.00 Invesque 6 per cent debentures, U.S.-dollar symbol: IVQ.DB.V > F.M. Sept. 30, 2026; $37.00 6.00-per-cent 2018 convertible debentures due Sept. 30, 2023, passed an extraordinary resolution approving certain amendments to the debentures at a meeting of debentureholders held today. The amendments to the debentures will result in: Increasing the underlying interest rate from 6.00 per cent to 8.75 per cent, effective Sept. 30, 2023; Decreasing the conversion price from $10.70 (U.S.) to $2.75 (U.S.) per share of Invesque; Extending the maturity date from Sept. 30, 2023, to Sept. 30, 2026; == As previously announced, on September 26, the Company received debentureholder approval to pass an extraordinary resolution amending certain terms of its 8.75% Convertible Unsecured Subordinated Debentures due September 30, 2026 (the "Debentures"). On October 5, the Company redeemed US$4.8 million of the Debentures pursuant to the amendment.... On September 26, 2023, a meeting of holders of the 2018 Convertible Debentures was held whereby the 2018 Debentureholders approved proposed amendments to the 2018 Convertible Debentures. The approved amendments include the following changes to the 2018 Convertible Debentures: 1. Decrease the amount to be redeemed in 2023 to $4.828M. 2. Decrease the conversion price from $2.75 to $1.10 per share. 3. Add a covenant that the Corporation shall not make any cash repayment or redemption of principal on the Corporation’s outstanding 2016 Convertible Debentures whether before, on or after the maturity date of the 2016 Convertible Debentures unless, prior to or contemporaneously with the repayment or redemption of 2016 Convertible Debentures, it redeems or repays for cash an equal principal amount of the amended debentures of the maturity date from September 30, 2023 to September 30, 2026.

SILVER: $25.26 / GOLD: $2,036 = 1.24%, GSR: 80.6x ... 10d SLV: $23.13, -$2.13, -8.4%: 91.6%, AGQ: $31.15, 123%, SIL: $27.71, 109.7% / UGL: $62.80, 2.49x Silver shares vs. SIL... SIL $28.83. up +2.24%, Silver: $25.90 +0.92% AG: 6.25, +4.69%, CDE: 3.16, +3.61%, FSM: 4.04, +3.59%, MAG: 12.16, +2.44%; 1/ SIL: $28.83; AG: 6.25, 21.7%, CDE: 3.16, 11.0%, FSM: 4.04, 14.0%, MAG: 12.16, 42.2%; #1 : 2022: 2023: Ytd: 10d: ==== AAG: 0.285, +5.56%; DEF: 0.14, inch, EXN: 0.14, +27.3%, GSVR: 0.35, inch,, fnlpf: 7.74, +4.31% 2/ SIL: $28.83; AAG: 0.285, 0.99%; DEF: 0.14, 0.49, EXN: 0.14, 0.49, GSVR: 0.35, 1.21%, fnlpf: 7.74, #2 : 2022: 2023: Ytd: 10d: === AGQ : $31.15, 123%

Since 10.31, TLT/Bonds up: 83.58 > 92.63, +10.8%, TYX (30yr rate) : 5.02 > 4.45% Premium: (7.18-5.02)= 2.16%, r:143%; (6.31-4.45)= 1.86%, r:142% Look at the sliding PHL.10 yr. Rate. 7.18% > 6.31% PHL.REITS are finally moving. TLT vs. 3-REITs / 92.63, 4.45%; vs. 3R: 7.88%, 4R.ave: 8.46%, 4.01% premium Areit: 29.85, 7.37%, Mreit: 12.50, 7.87%, RCR: 4.65, 8.41%; Filrt: 2.79, 10.18%; 4R: 8.46% at 11.30 10d / TLT slid -1.16% on Thu to 91.56, after rising +% on Wed to 92.63

BONDS BOUNCING, can help stocks, which became expensive relative to Bonds, as TLT Fell PSEI vs.TLT : 6,224 / 92.63 = r-67.2x US Bonds are bouncing back, this should help PSEI. Maybe more than IWM / Russell 2000. I dont show SPY because it is impact so much by "the Magnificent Seven" Ratio : 6,224 / 92.63 = r-67.2x

VLL - Vista Land And Lifescapes, Inc. - 1 Vista Land sustains growth with 9M'23 net income up 70%; launched projects worth P40B Vista Land & Lifescapes, Inc., one of the country's leading integrated property developers and the largest homebuilder posted a net income of P8.2 billion for the 1st nine months of 2023, up by 70% from the same period last year. As of the end of the 3rd quarter of 2023, the Company has launched 28 projects with an estimated project value of about P40.0 billion. Vista Land Chairman Manuel B. Villar Jr. said, "We are delighted with our results, as we remain optimistic with the industry for the rest of the year with the strong GDP growth of 5.9% coupled with sustained growth in OF remittance and revenge spending from consumers, all of which contributed to the positive performance of the group. We have been launching more project this year which was a factor in the 10% growth in our reservation sales to P53.1 billion for the period. With the holiday season approaching, we eagerly anticipate welcoming an increased number of customers to our commercial centers as well as our Overseas Filipinos coming home during the holidays which bodes well for our residential sales. As we move forward, our aim is to maximize our existing resources specifically our land as we remain committed to our mission of building communities across the Philippines that stand the test of time." The Company's consolidated revenue for the first nine months 2023 registered at P27.4 billion, marking an 18% increase. Real estate revenue returned to double-digit growth with a 17% increase to P12.2 billion, while rental income amounted to P11.8 billion for the nine months ended September 30, 2023. Gross profit reached P7.2 billion, and EBITDA rose by 21% to P15.2 billion. Vista Land also improved its residential gross profit margin by over 400 basis points to 59%. The core net income (excluding the gain from insurance proceeds) registered an increase of 30% to P6.8 billion for the period. 2 / Manuel Paolo A. Villar, President & CEO of Vista Land said, "We are consistently enhancing our residential business by offering more vertical and upscale projects, while our leasing sector is maintaining its growth trajectory for the period. The demand for our residential developments, spanning both horizontal and vertical segments, remains robust and sustained, with the strong interest from Overseas Filipino buyers, constituting approximately 60% of our total sales. Our leasing portfolio, of over 1.6 million square meters of gross floor area across 45 malls, 56 commercial centers, and 7 office buildings, has experienced increased foot traffic exceeding pre pandemic levels. Our strategic approach to maximizing prime land is actively underway, with the continuous launch of Vista Estates nationwide. Currently, our land bank spans over 3,087 hectares and is strategically located across the country. The financial condition of the Company for the period ended September 30, 2023, remains healthy, allowing financial flexibility for Vista Land. Total assets at the end of September stood at P337.8 billion, with equity at P130.9 billion. The net-debt-to-equity ratio at the end of the period was 82%. The Company spent P21.3 billion for capital expenditures for the period, directed mainly towards construction and land development. The Company is concentrating on maximizing its current land bank, demonstrating a prudent and strategic approach to growth.

C$10 Target? maybe higher / 1.355 = US$7.38 K.t : Last: C$7.96 . US$5.88 // Note: Gold production to drop: '24: 616k > '25: 453k oz. (-26.5%)

Q3/23 recap: Solid operating momentum Investment Recommendation We reiterate our BUY rating on Kinross and C$9.00 target price following the company's Q3/23 results. Kinross reported another strong quarter in our view and we believe the company is tracking well to achieve or exceed its production and cost guidance. Kinross is the best-performing senior gold producer YTD, up 30% YTD and well outpacing the 3% decline in the S&P/TSX Gold index (in US$ terms). Despite the outperformance, Kinross remains one of the most inexpensive senior producers on our estimates, trading at 0.57x NAV below the senior peer average of 0.63x >

SILVER CROWN ANNOUNCES THE CLOSING OF THE FIRST TRANCHE OF THE SILVER NSR ROYALTY ON PILAR GOLD’S PRODUCING PGDM COMPLEX TORONTO, ON, November 28, 2023 – Silver Crown Royalties Inc. (“Silver Crown”, “SCR” or the “Corporation”, or the “Company”) is pleased to announce the closing of the first tranche (the “First Tranche”) of its previously announced net smelter return royalty for up to 90% of the cash equivalent of silver produced from Pilar Gold’s (“Pilar”) PGDM Complex. To complete the First Tranche, SCR paid US$500,000 (less SCR’s transaction expenses) in cash in exchange for a net smelter return royalty for the cash equivalent of 22.5% of the silver produced from the PGDM Complex (the “Royalty”). The completion of the First Tranche allows Pilar to pursue certain productivity enhancements at the PGDM Complex in Brazil while allowing Silver Crown Royalties to increase and diversify its revenue base. ABOUT SILVER CROWN ROYALTIES INC. Founded by industry veterans, SCR is a pre-IPO stage revenue generating silver-only royalty company focusing on silver as byproduct credits. SCR aims to minimize the economic impact to mining projects while maximizing returns to shareholders. SCR presently has two sources of revenues and continues to build on this foundation targeting additional operational silver producing projects. For further information, please contact: Silver Crown Royalties Inc. Peter Bures Chairman and CEO Email: pbures@silvercrownroyalties.com To read the full release click read more Read More View the Corporate Presentation CAP STRUCTURE and OWNERSHIP 28.7M shares outstanding with implied market cap of C$11.5M 15 v Issued 3,300,000 shares at 5c in May 2022; management participated in >50% of placement v Issued 5,500,000 to management/partners at a deemed value of 5c (May 2022-March 2023) v Issued 16.9M shares and 8.9M warrants in upsized and oversubscribed C$3.4M (gross) raise of 20c units (with ½ share warrant exercisable at 40c for a period of 2 years) v Targeting C$6-11M raise of 40c units with ½ share warrant exercisable at 80c for a period of 3 years; plan to issue 9,250,000 shares to vendors in connection with additional royalty acquisitions v Targeting listing on TSX Venture Exchange in H1 2024 (all instruments listed)

PILAR GOLD Pilar Gold Group: Aiming to become a ~500,000 oz producer Björn and Sven from GoldInvest.de kindly arranged a 10 minute interview to update you on our progress. When Tucano and Pilar are both producing 100,000 ounces a year and Laiva is approaching 80,000 ounces I will splash out and buy a new suit. Click here to see the interview - we hope you find it useful. After the tremendous Tucano site visit with investors in October, we have decided to arrange a second visit on December 4th to 6th. We will also be joined by our supporters Arne & Stijn who will be filming at Mina Tucano for their Youtube mining channel. Our 200 person camp is perfect to settle into and the fish from the local river are delicious when Joter our GM is running the BBQ. Hope you can make it. Back up in Finland, click on this link for the latest video from Laiva Gold. Percy does an excellent job explaining our 3 million tonne low grade stockpile that will be invaluable as a blend with the fresh ores from the North and South pit. Assuming a grade of 0.5 g/t there could be some 45,000 ounces of gold or US$85 million sitting in this huge stockpile right next to the mill.

NHK / ME : from 2018: 2021: NHK ($0.36 /0.42= C$0.857), ME ($0.86= 2.25% of GDXJ- $38.21) 2021:

: NHK= 0.42 Moneta shares Nighthawk and Moneta merge to create a leading Canadian gold developer Kitco News | 02:24PM (Kitco News) - Nighthawk Gold (TSX: NHK) (OTCQX: MIMZF) and Moneta Gold (TSX: ME) (OTCQX: MEAUF) today announced at-market merger to create a leading Canadian gold development company. According to the arrangement agreement, Moneta will acquire all of the issued and outstanding common shares of Nighthawk in exchange for common shares of Moneta by way of a plan of arrangement. Pursuant to the terms of the arrangement agreement, Nighthawk shareholders will receive 0.42 Moneta shares (on a pre-Moneta consolidation basis) for each Nighthawk share held. According to a news release, existing Nighthawk and Moneta shareholders will own approximately 34% and 66%, respectively, of MergeCo on a fully diluted in-the-money basis (prior to the completion of the concurrent financing). In connection with the transaction, Nighthawk has entered into an agreement with the underwriters as part of the concurrent financing for gross proceeds to MergeCo of C$12.5 million. The net proceeds of the concurrent financing are expected to be used by MergeCo to fund the exploration and advancement of the Tower gold project and Colomac gold project and for working capital and general corporate purposes. "We believe the transaction presents an exciting opportunity to create a leading gold development company by bringing together two cornerstone assets in Canada. The combined company will benefit from a strong balance sheet, led by a skilled leadership team, and a high-quality portfolio anchored by two robust, large-scale assets in established and emerging mining camps," the companies said in a joint statement. Nighthawk is a Canadian-based gold exploration and development company with control of 947 km2 of district scale property located north of Yellowknife, Northwest Territories, Canada. The company's flagship asset is the Colomac gold project. The Colomac PEA demonstrated the project's potential for 290,000oz/year operation over 11.2-year conceptual mine life that could generate a C$1.2 billion NPV5% and 35% IRR (after taxes) based on a US$1,600/oz gold price assumption. Moneta is a Canadian-based gold exploration company whose primary focus is on advancing its 100% wholly owned Tower gold project, located in the Timmins region of Northeastern Ontario, Canada's most prolific gold producing camp. The Tower PEA study outlined a combined open pit and underground mining and a 7.0 million tonne per annum conventional leach operation over a 24-year mine life, with 4.6 Moz of recovered gold, generating an after-tax NPV5% of $1,066M, after-tax IRR of 31.7%, and a 2.6-year payback at a gold price US$1,600/oz.

Stock Feature: FILRT We have a BUY rating on FILRT with a DDM-based end-2024 price target of Php3.80/shr, implying potential upside of 33%. We believe rental income and occupancy rates are at an inflection point going into 2024. We expect average vacancy rates to peak this year and stabilize at the 16% level. We then expect rates to gradually improve to 15%/14% in FY24/25F on the back of the firm’s aggressive origination efforts and our view that the cheaper rents in Alabang will help stoke demand. We believe concerns about FILRT’s lower-than-peer occupancy rates (84% as of1H23 vs peer avg of 95%) have been more than priced in following the stock’s steep 48% YTD sell-off (vs PCOMP’s 3.9% decline). At current levels, we find the stock’s FY24F dividend yield of 10.0% attractive against the current 10-year BVAL of 6.3% amid a potential backdrop of falling interest rates in the next 12 months.

Does CRYM3 Pay? CRYM3: 10d BTC: $38.68k /Riot ($12.86,3.01k), Mara ($12.38,3.12k), Hive ($3.15,12.3k) @11.28.23 9.05.23: BTC: $25.76k /Riot ($11.04, 2.33k), Mara ($12.00, 2.15k), Hive ($3.47, 7.42k) " RIOT LAGS BTC by about One Month " Call Spread: Riot (12.86), 12/21 C, jan.19th Jan.$12C: 0.86: $2.26-2.32: 2.29: TV: 1.43, 11.1 % Jan.$21C: 0.00: $0.41-0.44: 0.43: TV: 0.43, 3.34% Net.21-12: 0.86 6.69%=1.86: 14.5% + 1.00 ... x50= $9,300 /$60k= 8.83% x $9.3k /$45k (20.7% of Max.) RIOT UPDATED... Call Spread:. Jan. 19th. Exp. Date: RIOT : ITM: $12C: $21C: Spread: Ratio: /Riot: x50.$V: BTC-k: V/%B : Net$ 11.28: 12.86: 0.86: 2.39 : 0.43 : $1.86 : 5.56x: 14.5%: $ 9,300: $38.68: 24.0%: 6.58k 12.01: 13.77: 1.77: 2.85 : 0.53 : $2.32 : 5.37x: 16.8%: $11,600: $39.29: 29.5%: 10.0k 12.08: 15.83: 3.83: 4.37 : 0.87 : $3.50 : 5.02x: 221.%: $17,500: $45.00: 38.9%: 19.2k ==== x50= $ 9,300 /38.68= 24.0% &$ 9.3k /$45k (20.7% of Max.) x50= $11,600 /39.29= 29.5% &$11.6k /$45k (25.8% of Max.) x50= $17,500 /45.00= 38.9% &$17.5k /$45k (38.9% of Max.) ==== HIVE... : Put: Dec.15th, Calls: Jan. 19th. Exp. Date: HIVE : ITM: $4P: $4C: Spread: Ratio: /Hive: $Value: BTC-k: V/%B 11.28: $3.15:(0.85) 0.92 : 0.15: ($0.77):-6.13x:-14.4%:($3,080) $38.68:-7.96% 12.01: $3.47:(0.51) 0.65 : 0.25: ($0.40):-2.60x:-11.5%:($1,600) $39.29:-4.07% 12.08 $4.20: 0.20: 0.25 : 0.67: $0.42: +2.68x:+10.0%: $1,680: $45.00: 3.77% :$v-$0 12.08 $4.20: 0.51 0.80/4 0.67: $0.47: +3.35x: +11.2%: $1,680: $45.00: 3.77% -$200 ==== x40= $1,680 /45.00= 3.77% & $1.7k /$16k ( 10.5% of Exer.)

A New "BTC PROXY"? GROW ($3.02) /HIVE ($3.15 +0.20) =95.9% ... BTC ($38,855 +4% Actually, it is hardly a Proxy... but look at this comparison between BTC & Gold stock, ARIS.t... Starts 1.1.2018: BTC: 14.85k /Aris.t: C$2.05 =r7.24K. Last: $38.5k / C$4.23 +0.28, +7.1%= r9.10k Ratio: BTC-to ARIS.t = $37.07k / C$4.23 = r-8.81K x ==

BITCOIN vs. ARIS Mining - this is Weird. haha. Back to (almost) the same place ... AND... the Ratio chart suggests BTC moved up too fast, & may need a correction Starts 1.1.2018: BTC: 14.85k /Aris.t: C$2.05 =r7.24K. Last: $38.5k / C$4.23 +0.28, +7.1%= r9.10k Ratio: BTC-to ARIS.t = $37.07k / C$4.23 = r-8.81K x ==

Aris Mining's Segovia at 1.32 Moz Au P+P : x11.63 x$65/ gm = $1.0 Billion!, +75% 2023-11-27 09:29 ET - News Release Mr. Neil Woodyer reports ARIS MINING INCREASES SEGOVIA GOLD MINERAL RESERVES BY +75% TO 1.3 MOZ AND ANNOUNCES PLANT EXPANSION TO INCREASE PRODUCTION RATE Aris Mining Corp. has released updated mineral reserve estimates for its Segovia operations in Colombia effective Sept. 30, 2023. This updated mineral reserve estimate follows the updated mineral resource estimate announced on November 2, 2023 (See News Release from November 2, 2023 ). Aris Mining is also increasing the capacity of the Maria Dama processing plant within the Segovia Operations from 2,000 to 3,000 tonnes per day (tpd). As we have an existing unutilized ball mill on site, the costs for the plant expansion are estimated at $11.0 million and completion is expected by early 2025. Neil Woodyer, CEO of Aris Mining, commented "We are pleased to announce a 75% increase to the high-grade mineral reserves at the Segovia Operations to 1.3 million ounces of gold at 11.63 grams per tonne. Based on our current operating profile, the updated estimate extends the reserve-only mine life to nearly seven years. Like other operations with extensive vein systems within a large mining title, we expect to continue to extend mine life through ongoing exploration programs. Based on the increased mineral resource and reserve estimates, we are implementing a small-scope project to increase the processing capacity by 50% to 3,000 tpd at the Maria Dama plant by utilizing a previously purchased ball mill that is already on-site. This creates the potential to gradually increase annual gold production from 200,000 to 300,000 ounces, as we fill the extra capacity by increasing our mining rates. A portion of this extra capacity will be allocated to our artisanal and small-scale mining partners, offering processing solutions to them, while mitigating the environmental impacts of informal mining in Segovia." ... > More: https://www.stockwatch.com/News/Item/Z-C!ARIS-3484485/C/ARIS

BTC vs Bitcoin Miners - to illustrate Cycles BTC-etc-2018 Previous Cyclical upturn: HALVING led to Summer, Spring was before that Playing around with a Cyclical Forecast... BTC-etc-2022 Current Cyclical upturn: Old, 2.20 Orig.Chart: Targeting $65k x2= $130k in "Bitcoin Summer" ===

BTC vs Bitcoin Miners - to illustrate Cycles BTC-etc-2018 Previous Cyclical upturn: HALVING led to Summer, Spring was before that Playing around with a Cyclical Forecast... BTC-etc-2022 Current Cyclical upturn: Orig.Chart: Targeting $65k x2= $130k in "Summer" === =

It's OUT! J6: The Truth FINALLY Revealed ==

Silver's TIME TO SHINE? With Gold closing Friday over $2,000 (Gld: $185+; UGL $60+) For Silver ($24.39, SLV: $22.27), AGQ (2x Silver: $28.92), and SIL (silver shares: $26.17 +0.32)? Look set to Breakout, and carry prices higher; Maybe catch up with Gold ($2003), UGL (2x Gold; $60.81) SGR ( Silver to Gold Ratio), key resistance level at 1.25% ($2000 x1.25= $25) AGQ-etc For Silver ($24.39, SLV: $22.27), etc: Silver vs. Gold (GLD), and Silver shares (SIL) GSR: Gold-to Silver Ratio : ===