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TESTING for a Breakout, as TNX rates rise to 4.3% TNX 10yr Rate-43.04 /USO-oil 76.33=56.4%; DBA-ags: 23.59, 30.9% TNX-etc.: Add: FCX (44.61) +w/ Dr Copper (4.12) Ratio: TNX (43.04) / USO (76.33) = 56.4%

TESTING for a Breakout, as TNX rates rise to 4.3% TNX-43.04 /USO-oil 76.33=56.4%; DBA-ags: 23.59, 30.9% TNX (10 yr Rates) - look too high here Date : TNX : US0: x56%: DBA: x182%= Combi /cmb 3.15-: 43.04: 76.33: 42.74: 23.59: 42.93=42.84, 100.5 Ye’23: 38.66: 66.55: 37.27: 20.74: 37.75 = 37.51, 103.1 Ye’22: 38.79: 70.11 : 39.26: 20.15 : 36.67 = 37.97, 102.2 Ye’21: 15.12 : 54.36: 30.44: 19.75: 35.95 = 33.20, 45.54 Ye’20: 09.17 : 33.01 : 18.49: 16.14: 29.37 = 23.93, 38.32 Ye’19: 19.19 : 12.81 : 07.17 : 16.56: 30.14 = 18.65, 102.9 ==== TNX-etc.: Add: FCX (44.61) +w/ Dr Copper (4.12) Ratio: TNX (43.04) / USO (76.33) = 56.4% Ratio: TNX (43.04) / DBA (23.59) = 182.4%

KGC is a Leader: EQX from Mar'2019: 5.21 +0.23 / KGC-5.67=91.9%, SAND-5.03=88.7% (ugl-61.4) 3.15.24; Kgc-5.67,/ugl-68.4=8.29% Sand-5.03, 7.35%; Eqx-5.21, 7.62%; Cde-3.26, Fsm-3.44,

KGC is a Leader: EQX from Mar'2019: 5.21 +0.23 / KGC-5.67=91.9%, SAND-5.03=88.7% (ugl-61.4) 3.15.24; Kgc-5.67,/ugl-68.4=8.29% Sand-5.03, 7.35%; Eqx-5.21, 7.62%; Cde-3.26, Fsm-3.44, '2022: 1yr: 10d/ 3.15.24; Kgc-5.67,/ugl-68.4=8.29% Sand-5.03, 7.35%; Eqx-5.21, 7.62%; Cde-3.26, Fsm-3.44, 1.20.23; Kgc-4.72,/ugl-61.4=7.69% Sand-6.05, 9.85%; Eqx-4.45, 7.25%; Cde-4.17, Fsm-3.79, ===

EQX: 5.21+0.23/UGL-68.37= 7.62%, KGC-5.67, 8.29%, SAND-5.03, 7.36%.. 2022 RATIO: 5.21 /UGL-68.37= 7.62%

"Important resistance at PSEI 7,000... and maybe 7,500" - I said in Mid-March PSEI since Mid-2019: Last: Mar.15: 6,822 -100, -2.07% ( Range: 5,920.47 to 7,021.04 ) PSEI: Viber comment: PSEI : 6,822, -145.62, -2.09%. Could be rolling over! The seasonal cycle is over (since early Feb.) MARKET BEATING Day: Main drivers : with RCI down and BEL up today, acct NAV is up +0.16% versus -2.09% in PSEI. I remain grateful, and was happy to have taken some profits earlier this week, including today. Up almost 13% in less than 3mos. Versus +5.77% for PSEI since ye'2023 (Psei-6,450.) Outperformance is 7% in under 3 months, beating my Target outperformance of 1% a month. (That’s Not so easy, folks!)

TFPM: $13.56; Range: 11.75 to 17.33 "You'll see a material increase in Gold & Silver" - Triple Flag Precious Metals key asset ramps up. In early March Usmar spoke to Kitco Mining at PDAC 2024 in Toronto, Canada. Usmar was asked about the underappreciated copper markets. He said that the incentive price needs to be higher for serious investment to flow into the space, but management teams that are willing to work through downturns are key. "[People] continue to underestimate the need for staying power and the time it takes from successful exploration in order to actually deliver first pounds of copper out of any investment opportunity," said Usmar. Triple Flag Precious Metals (TSX:TFPM) is a precious metals-focused, royalty and streaming company. The company has a portfolio of 32 producing assets and 41 in development. Usmar said the company has achieved a compound annual growth rate of more than 20% since 2017, and the company now sits at a $2.6 billion market cap. Triple Flag is forecasting an attributable royalty revenue and stream sales of 105,000 to 115,000 gold equivalent ounces in 2024.

DD's "dagger" : 7.96 -0.17

RCI: Last: P 1.43 + 0.01, PER: 5.95 ... 10d: 10d: === xx

DelMonte gets a BID DELM: P5.65 +0.40, +7.62% PER: n/a, Div.: xx, Yield: 1.27%, B.V.: 9.08... and Sliding

MORE EVIDENCE, it was a FED-surrection Dr Jeffrey Cole @JeffreyCole26 Now you know why they were claiming insurrection on J6. Well, capital police had orders to open gates, unlock doors, and invite everyone in. It was staged and scripted all the way. Engaging in an insurrection is the only thing that would keep Trump off the ballot. Trump didn't. >

Good Basics and Ideas here. Clearly presented. He talks about how his P2.3Million portfolio "produces income something like a small Condo" MY TOP DIVIDEND STOCKS in 2024 His Top 5-6 suggestions are Portfolio Pr.: EPS: PER : Div : Yield : DMC : 11.10 : 1.76: 6.30: 1.44: 12.97% CHIB: 35.90 : 8.18: 4.39: 1.89: 5.29% MBT : 63.00: 9.39: 6.71: 4.30: 6.83% LTG : 10.20 : 2.22: 4.60: 1.20 : 11.76% GLO : 1,763 : 152.: 11.59: 1.00 : 5.67% / also SHNG P3.70: 1.28: 2.90: 0.29 : 7.82% Actually, there's a lot of overlap. And I own, or have owned 10 of the stocks in his portfolio

LOL. JUST SAY IT! Speak the Truth! Turley says about Jan6th, "The security was noticeably light." (25 mins in.) Say the TRUTH, ie. It was INTENTIONAL, the Dems stage-managed their so called "INSURRECTION". This staged event went along with a Rigged election - it is SO OBVIOUS NOW! Let the Stage-Props go! The protestors do not belong in Prison. Those who created the event and stage-managed it are the ones who belong in prison! / Sean Hannity 3/13/24 > https://www.youtube.com/watch?v=6l8s_Gpl3c8

Good Basics and Ideas here. Clearly presented. He talks about how his P2.3Million portfolio "produces income something like a small Condo" MY TOP DIVIDEND STOCKS in 2024 His Top 5-6 suggestions are Portfolio Pr.: EPS: PER : Div : Yield : DMC : 11.10 : 1.76: 6.30: 1.44: 12.97% CHIB: 35.90 : 8.18: 4.39: 1.89: 5.29% MBT : 63.00: 9.39: 6.71: 4.30: 6.83% LTG : 10.20 : 2.22: 4.60: 1.20 : 11.76% GLO : 1,763 : 152.: 11.59: 1.00 : 5.67% / also SHNG P3.70: 1.28: 2.90: 0.29 : 7.82% Actually, there's a lot of overlap. And I own, or have owned 10 of the stocks in his portfolio

DDMPR looking cheap under 1.20. DD-8.00 / 1.18 = xx% /TLT=94.42= xx% (MM-1.00)

FILRT Down against TLT, because Tenants were lost during Covid (and since then) BPI thinks: "FILRT’s lower-than-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in" FvF: 0.70 / 3.05= 22.95%, /TLT-94.42= 0.74%, 3.32% Stock Feature: FILRT (BPI Report) We have a BUY rating on FILRT with a DDM-based end-2024 price target of Php3.80/shr, implying potential upside of c.+22%. We believe rental income and occupancy rates were at an inflection point going into 2024. We believe average vacancy rates peaked in 2023 and expect it to stabilize at the 16% level. We also see vacancy rates for FILRT falling 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 lowerthan-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in following the stock’s steep 45% YoY sell-off (vs. PCOMP’s 8.2% decline). At current levels, we find the stock’s FY24F dividend yield of 9.2% attractive against the current 10-year BVAL of 6.25% amid a potential backdrop of falling interest rates in the next 12 months.

FILRT Down against TLT, because Tenants were lost during Covid (and since then) BPI thinks: "FILRT’s lower-than-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in" FvF: 0.70 / 3.05= 22.95%, /TLT-94.42= 0.74%, 3.32% Stock Feature: FILRT (BPI Report) We have a BUY rating on FILRT with a DDM-based end-2024 price target of Php3.80/shr, implying potential upside of c.+22%. We believe rental income and occupancy rates were at an inflection point going into 2024. We believe average vacancy rates peaked in 2023 and expect it to stabilize at the 16% level. We also see vacancy rates for FILRT falling 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 lowerthan-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in following the stock’s steep 45% YoY sell-off (vs. PCOMP’s 8.2% decline). At current levels, we find the stock’s FY24F dividend yield of 9.2% attractive against the current 10-year BVAL of 6.25% amid a potential backdrop of falling interest rates in the next 12 months.

Cheapest GOLD Stocks : ROY: SR: iMed: JR1: JR2: etc.. based on P/CF ROY: Sand: $5.43, 7.1%; Tfpm: $16.32, 21.3%; Rgld: 122.3, 159%; FNV: 123.3, 161% /UGL $76.7 @5.3.24 SR : K , EDV, BTO, ABX iMed : FVI, OGX, NGD, EQX, CDE JR1 : ORE, ORA, ARIS, KRR; JR2: ARIS, CXB, MAG, IAU ===== CHEAPEST 3 - Royalty, based on P/CF USD.eqv Price: Gn.>Target NAV: Pr/N: Pr/CF EV/eb FCFsust.Mr 1 SAND 4.65 +47% $6.85 $6.04 0.77x 12.4x, 11.3x 57% 2 RGLD 112.75 +28% 144.0 78.30: 1.44x 14.0x, 11.7x 69% 3 TFPM 13.63 +14%: 15.56 14.48: 1.27x 16.5x, 15.2x 76% 6 WPM 44.70 +26% 56.30 29.60 1.51x 25.8x 21.8x 66% 7 FNV 115.0 +01%: 120.0 55.27 2.08x 26.5x 20.1x 72% SUGGESTIONS: + Lg. Cap., Diversified: AEM / Agnico-Eagle + Torque to Gold: KGC / Kinross + Growth & value: EDV / Endeavour Mining + Large cap Royalty: WPM / Wheaton Precious Metals + Mid-tied Royalty: OGR / Osisko Gold Royalties + Small Cap: ARIS.t / Aris Mining Royalty, CDN, based on P/CF # sym. Price Target NAV : Pr/N Pr/CF FCFsust.Marg 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30 1.44x 14.0x, 69% 3 TFPM C$18.4 21.00: 10.73: 1.27x 16.5x, 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% Edited just now by webmaster CHEAPEST 3 - in each category (P/CF) Price, Target, NAV, P/N, P/CF, sus.FCF-margin Royalty 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30: 1.44x 14.0x 69% 3 TFPM C$18.4 21.00: 00.00: 1.27x 16.5x 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% === CHEAPEST 3 - in each category (P/CF) Price, Target, NAV, P/N, P/CF, sus.FCF-margin Royalty 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30: 1.44x 14.0x 69% 3 TFPM C$18.4 21.00: 00.00: 1.27x 16.5x 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% Seniors 1 K C$7.25: 11.00, 13.43: 0.54x, 3.9x, 26% 2 EDV C25.70: 45.00 55.87: 0.46x, 4.7x 26% 3 BTO C$3.56: $7.25, $8.48: 0.42x, 4.9x 25% 6 ABX C21.29: 27.00, 32.75: 0.65x, 6.4x 24% Intermed. 1 FVI C$4.35: $6.00, $5.18: 0.84x 2.4x 23% 2 OGC C$2.75: $4.00, $3.09: 0.89x 2.5x 33% 3 NGD C$2.03: $2.75, $2.86: 0.71x 2.7x 29% x EQX C$6.33: 11.50, 23.44: 0.27x 3.3x 17% x CDE $3.13: $3.00, $3.19: 0.98x 12.0x -9% x HL $4.06: $5.00, $3.03: 1.34x 12.3x +9% Junior Prod /1 ORE C$0.90: $2.25, $3.60: 0.25x, 2.0x, 41%% /2 ORA C$9.42: 15.00, 117.75 0.08x, 2.4x, 30%% /3 ARIS C$4.55: $9.25, 32.50: 0.14x, 3.0x, 22%% /4 KRR C$4.76: $7.75, $9.92: 0.48x 3.6x, 36%% /5 CXB C$1.75: $3.00, $4.07: 0.43x 3.6x, 27%% /x MAG C$12.17 20.00, 17.64: 0.69x 13.1x, 14%% /x IAU C$2.11: $6.00, $5.86: 0.36x nm , -53%% /====

CHEAPEST 3 - Royalty, based on P/CF USD.eqv Price: Gn.>Target NAV: Pr/N: Pr/CF EV/eb FCFsust.Mr 1 SAND 4.65 +47% $6.85 $6.04 0.77x 12.4x, 11.3x 57% 2 RGLD 112.75 +28% 144.0 78.30: 1.44x 14.0x, 11.7x 69% 3 TFPM 13.63 +14%: 15.56 14.48: 1.27x 16.5x, 15.2x 76% 6 WPM 44.70 +26% 56.30 29.60 1.51x 25.8x 21.8x 66% 7 FNV 115.0 + 4%: 120.0 55.27 2.08x 26.5x 20.1x 72% SUGGESTIONS: + Lg. Cap., Diversified: AEM / Agnico-Eagle + Torque to Gold: KGC / Kinross + Growth & value: EDV / Endeavour Mining + Large cap Royalty: WPM / Wheaton Precious Metals + Mid-tied Royalty: OGR / Osisko Gold Royalties + Small Cap: ARIS.t / Aris Mining Royalty, CDN, based on P/CF # sym. Price Target NAV : Pr/N Pr/CF FCFsust.Marg 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30 1.44x 14.0x, 69% 3 TFPM C$18.4 21.00: 10.73: 1.27x 16.5x, 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72%

Qwk:/$70.03-ugl: AGQ-$27.95 (39.9%), GDX-$30.13 (43.0%), Gdxj-$36.60

ARIS breaking out? At C$4.55 +0.28 Canaccord has C$23 NAV, that's 5.05x ARIS is at 20% of Canaccord's est. NAV

K.t : C$7.70, R: (5.275 to 8.39) NEM : $34.26, R: (29.42 to 52.76)

Kinross Gold Corporation (NYSE: KGC) is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada. The company focuses on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. In its third-quarter 2023 results released on November 8, 2023, Kinross reported impressive growth and operational achievements. Revenue surged to $1,102.4 million, marking a substantial increase from $856.5 million in the same period last year. Net income reached $109.7 million, or $0.09 per diluted share, with adjusted net earnings standing at $144.6 million, or $0.12 per share, surpassing analysts' projections. Higher average realized gold prices and higher sales of gold equivalent ounces, especially from the Tasiast and Paracatu mines, which had record-breaking performances, were the main drivers of the 28.7% increase in revenue over the previous year. Kinross achieved significant milestones in production, with sales of 571,248 Au eq. oz. and production of 585,449 gold equivalent ounces in the third quarter of 2023, marking an 11% increase from the previous year. The realized price for gold was $1,929 GEO sold, with all-in sustaining costs (AISC) at $1,264 per ounce, reflecting operational efficiency and cost management initiatives. The company's operational cash flow surged from $171.6 million to $406.8 million, indicating robust financial performance. Despite increased capital expenditures, Kinross maintains a solid balance sheet, positioning it for sustainable growth and capital investments in its projects worldwide. Kinross Gold Corporation remains on track to meet its 2023 production guidance, leveraging its operational excellence and strategic investments. With a 25% increase in performance over the past year, Kinross has outperformed its competitors, reinforcing its position as a leading player in the global gold mining industry. As Kinross Gold Corporation continues to drive growth and value through responsible mining practices and operational efficiency, investors can expect sustained performance and long-term value creation from this esteemed industry leader. Kinross Gold Corporation (NYSE:KGC) will release its 2023 fourth-quarter and full-year financial statements and operating results on Wednesday, February 14, 2024, after market close. This announcement underscores the company's commitment to transparency and accountability in its financial reporting.

Gold Royalty Corp/ GROY: $1.90 /UGL-68.66=2.77%; Tfpm: 13.56, 19.7% 3.12.24: $1.85 / UGL-68.66 = 2.69%; Tfpm: 13.44, 19.57% GROY operates as a gold-focused royalty company, offering innovative financing solutions to the metals and mining industries. The company's strategy is to acquire royalties, streams, and similar interests across the mine life cycle, building a diversified portfolio with near, medium, and longer-term returns. Currently, Gold Royalty's portfolio primarily comprises net smelter return royalties on gold properties situated in the Americas. In its recent earnings report for Q3 2023, Gold Royalty Corporation (NYSE: GROY) demonstrated positive momentum. The company reported a lower adjusted net loss and significantly higher total revenue and land agreement proceeds compared to the previous quarter. Notably, there was an approximately 11% increase in total royalties. While quarterly revenue showed a slight decrease compared to the same period last year, there was a notable 48% growth in total revenue and land use agreement proceeds. This growth was primarily attributed to new revenue from Cozamin, offsetting the absence of revenue from Jerritt Canyon due to care and maintenance. Operating cash flow before working capital changes also improved significantly, reflecting the company's efforts to reduce costs and streamline administrative activities. Although Gold Royalty's financial metrics are improving, the company still reported net losses, which may raise concerns among investors. However, with the higher average realized gold price and a significant increase in attributable gold-equivalent ounce production, the company anticipates a positive trajectory in the coming years. The outlook for 2024 suggests an inflection point, with expected growth in operating cash flow, further boosted by continued production increases in 2025. In recent moves, Gold Royalty Corp. announced significant investments and acquisitions. The company entered into agreements with Borborema Inc. to provide project financing for the Borborema gold project in Brazil, securing a 2% net smelter return royalty and a royalty-convertible gold-linked loan. Additionally, Gold Royalty completed the acquisition of a portfolio of 21 royalties in Quebec from SOQUEM, further enhancing its asset base and growth potential. These initiatives underscore Gold Royalty's commitment to expanding its royalty portfolio and capitalizing on emerging opportunities in the gold mining sector. With a focus on responsible mining practices and operational excellence, Gold Royalty Corporation (NYSE: GROY) remains poised for continued growth and value creation in the gold royalty space.

ARIS.t: o: 4.18, h: 4.42, l: , cl. C$4.27 +2.64%, vol.: 473k (R: 2.77 to 4.65 ) CHART Comment: Comment by tsoprano24on Mar 07, 2024 1:38pm RE:fantastic value at current shareprice. Trouble is management drunk@noon, agree. But from a chart standpoint I like what I see. Stuck to upper bolinger band which are spreading out. Should lead to days of upward momentum. Looks like multiple crossings on EMAs. Bullish. Macd has positive divergence. Saw similar setup on TNEYF, Tamerick Oil. Followed BB up for over a week. The company could help out with buybacks, but I realize I've mentioned that a couple times previously. So we will see how this chart setup works out. Hopefully PoG helps out. Comment by pppon Mar 07, 2024 1:13pm Every time I invested with this group I have made money. So I will throw my chips in and let these guys do what they do best.. Wheaton River made me alot of money so did Endeavor and leagold. ...more ARIS.t : ARIS (C$4.00) / UGL: $70.00=xx%, Start, 1/'20: C$6.00 / $70.00= xx% ===