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frizzers

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About frizzers

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  1. Here's an interview with Keith about the IPO: http://commoditywatch.podbean.com/e/keith-neumeyer-first-mining-finance/ http://www.podbean.com/site/UserDownload/index/bid/2516/url/http%253A%252F%252Fcommoditywatch.podbean.com%252Fmf%252Fweb%252Ff4ucxq%252FKeithNeumeyerFirstMiningFinance.mp3
  2. First Mining Finance Corp / FF.t There's a new IPO coming to Canada in the totally bombed out sector that is junior mining. UPDATED CHARTS TLG vs. FF, OIII, ATC etc ... from 2.19.20: w/ATC 1yr: 6mo: 10d / LAST $0.98 / FF-0.405= R2.42X FF.t / First Mining Finance ... weekly : 2-yrs : 6-mos / 10-d Ratio: FF.t -to GDXJ ===== The man behind the deal is Keith Neumeyer. For those of you that don't know Keith, he built First Majestic Silver (TSX:FR) and took it from penny stock status to $25 a share (in the heady days of 2010-11) with a 3 billion plus dollar market cap. It is now one of North America's leading silver producers and even in today's beaten up silver market it remains profitable with a market cap of around C$900m and a share price of $7.50. Keith was previously behind First Quantum Minerals (TSX:FM), which followed a similarly enormous trajectory to become one of the world's biggest copper producers. His record in mining is pretty much second to none. Also involved are many of the other key personnel from First Majestic, such as Ramon Davila and Raul Diaz. The strategy of the company is, simply, to tap into their huge knowledge base and use it to acquire as many quality mining assets as possible (Americas only) while they are going for a song (we're currently seeing the lowest valuations in 20 years), spend as little as possible on them (watch them 'incubate' I believe is the word) and wait for the time that the mining capital markets stabilise at which point they hope to have a pucker portfolio of assets on their hands. Revenue will eventually come from re-sales, JVs, royalties and streaming structures. They already have 18 properties at various stages of development (gold, silver, copper, lead and zinc) and have raised C$2.7m. The company will IPO in Canada via an RTO next month and plans to raise another C$5-10m (at 50c) in the process. A C$10m raise would mean 80m shares outstanding an an approximate market cap of C$40m. Management will own about 10% and First Majestic shareholders 25-30%. The success of First Mining Finance depends on the metals markets, of course, but the ideal situation would be for them to remain depressed for another while so that assets can be picked up for zilch and for things to then pick up, as surely they one day will. I don't know what the market reaction to the stock will be, of course, but I suggest this is one to hold for three to five years. Anyway, if you are interested in finding out more or in taking part in the IPO, please let me know and I'll send over forms. If you want to speak to Keith, I'll try and arrange that too. frizzers at gmail dot com. (I'm investing fwiw) Here's the Powerpoint. ===== LINKS FF Website :: https://www.firstminingfinance.com/ Presentation, Nov.2017 :: https://www.firstminingfinance.com/_resources/Nov_2_Presentation.pdf
  3. Of these alternative information sources and rumours that have been cited over the last, say, five years - many preducting some kind of extreme event or huge revelation - which have actually happened? I'm trying to get an idea of the success rate.
  4. Barratt to be kicked out of the FTSE 100 http://www.cityam.co...lides-down-list
  5. Thanks Doc. The news is basically increased resources and production (hoped). I'm interested in that trend line you have drawn - how did you arrive at tht?
  6. Afternoon Dr, I'd be interested to know what you make of this chart - a tiny little oil producer called KFG. I think the lack of volume is interesting - but I'm not sure what to make of it.
  7. Ten ways to be an effective political activist, in a roughly decreasing order of importance: 1. Be prepared to vote with your feet. Add interstate and international diversity to your social networks -- both personal and business. Lower your costs of exiting, if the need should arise, the jurisdictions that impose on the territories wherein you reside. Repeatedly in history -- from the old American frontier to the fall of the Berlin Wall to modern jurisdictions that specialize in international trade -- low exit costs have not only enabled liberty for the individual and the small group, but they have more than any other factor motivated the larger jurisdiction to provide the most important rights and freedoms for those who stay put. Grow interpolitical roots so that no single polity can chop down your tree. The good news is that modern communications, travel, and standardization of international languages (mostly on English) have made diversifying our social networks -- growing international roots -- far easier than ever before in history. 2. Influence our law in action. Serve on a jury and insist on protecting those who have not been proven to harm or intend to harm another. 3. Make your own law. For starters draft your own contracts, wills, prenuptial agreements, and property deeds. Even better if you can do this as a service for other people, but for that you will generally need to be a member of the appropriate legal guild. To draft law usefully, whether for yourself or others, you will need to learn the real law they don't normally teach in public schools: contracts, property, trusts and estates, and torts for starters, or else (often a second best choice to learning law yourself) retain the services of a sympathetic lawyer. Learn actual law -- don't turn into a whacko running around putting liens on other people's property based on interpretations of the UCC quite remote from what any judge would contemplate. But do start to make your own law. You cannot be free if you cannot make your own law. 4. Influence our law in action. Donate to or get involved with the Institute for Justice and other organizations of politically and legally savvy people defending our most important rights and freedoms in the courts. 5. Make your own law: use strong security to protect the people, relationships, property, and data you value. Learn to defend yourself and your loved ones with weaponry. Write and use cryptography, smart contracts, bit gold, digital cash, and other security protocols made possible by computer science. 6. Tell us about your good research and good ideas: write a blog, comment on a blog, write papers. 7. Start a multinational small business. 8. Vote with your pocketbook -- buy and sell the goods, services, stocks and bonds that promote liberty, and boycott those that promote its violation. 9. Get involved in a lobbying group or political campaign where you can make a difference: usually a local campaign, but on rare occasions a national one. 10. Vote for and against politicians, but don't be fooled -- of all these ten ways to make a political difference, voting in a political election makes the least difference. From here - http://unenumerated.blogspot.co.uk/2007/08/ten-ways-to-make-difference.html
  8. frizzers

    Where's this one going?

    Here are some support levels. Note that 5.80 in 1990 and 2011. I think this is an important ratio to think about at present.
  9. frizzers

    Where's this one going?

    You're not supposed to know what it is as it affects bias - I just wanted to look at the the direction. But yes it's the Dow-gold ratio.
  10. Where do you think this chart is headed next?
  11. frizzers

    GOLD

    An interesting table identifies targets for major bear market lows. We never got there ... From the Atlas Pulse newsletter (very good NL by the way).
  12. Ha. I've got a BTC and a worldcoin wallet so either of those.
  13. With perfect timing, DF launches his latest book - on the future of money. I've called it Bitcoin - the Future of Money? . Really, I should have called it 'crypto-currencies - etc', but there is more public awareness of Bitcoin. More here. http://www.youtube.com/watch?v=S-gKmTiEXJU Any help getting it funded would be much appreciated ...
  14. Gold price manipulation? http://commoditywatch.podbean.com/2014/02/05/dimitri-speck-gold-price-manipulation-and-the-gold-cartel/ Dimitri Speck Gold Price Manipulation And The Gold Cartel http://media67.podbean.com/pb/36c4fd934146e79114e9f006e278a90a/52f23fd2/data1/blogs1/2516/uploads/speck.mp3 In today's programme I talk to Dimitri Speck about gold price manipulation and his new book The Gold Cartel: Government Intervention In Gold, the Mega-Bubble in Paper, and What This Means For Your Future. Dimitri Speck is a commodity analyst and chief developer of trading strategies for asset manager Staedel Hanseatic, where he is responsible for the Stay-C commodity fund. Visit Dimitri's website, Seasonal Charts.
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