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drbubb

Cycles, & GEI's Favorite Gold shares

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Physical Silver etf (from Sprott) vs. SLV / Silver

Is PSLV starting to give up its premium?

PSLV versus SLV... Aug'20: 5yr: 3yr: 1yr: 6mo: 10d / $9.81 -0.09, SLV: $25.26 +0.20

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Actually, over 5 years, SLV gained on PSLV, probably because of lower costs, including lower storage costs

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SOME BULL FACTORS are Easy to Forget

+ Physical Gold demand from China & India is strong and rising in 2021
+ Gold equities have corrected to a point where mergers and takeovers are becoming inevitable.
( cash flow is still strong inside many companies. )
( shareholders with push management teams to realize inherent values)

+ Gold & Gold shares have bearish sentiment, and that can swing back to bullish quickly
+ Gold shares may LEAD Gold in the next swing upwards

A really excellent interview, touching these points: was above

Is gold about to rebound? Pierre Lassonde on Bitcoin ‘mania’ and silver squeeze impact

“Right now, there is a bit of a discrepancy and it started about last week where in fact the gold equities are up when the gold bullion is down, so I’m kind of wondering whether or not we’re right at this particular point in the cycle where the equities are telling the bullion market that maybe there’s a turn coming,” Lassonde said.

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Dynacor reports 105% gold sales growth in February

Kitco News |

(Kitco News) - Dynacor Gold Mines (TSX-DNG), an international gold ore industrial corporation servicing artisanal and small-scale miners, today announced US$11.9 million (unaudited) in sales for February 2021 compared to US$5.8 million (unaudited) in February ...

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Chart:  ERD, NHK vs GDXJ ... from Late 2016 :

ERKH56B.gif

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Why TLG Fell/...

Troilus acquires UrbanGold, grows projects portfolio in Quebec

Troilus Gold (TSX: TLG) (OTCQB: CHXMF) and UrbanGold Minerals (TSXV: UGM) ("UrbanGold") announced today that the companies have entered into a definitive agreement, pursuant to which Troilus has agreed to acquire all of the issued and outstanding common shares of that it does not currently own.

Troilus currently owns 6,156,291 UrbanGold shares, or approximately 9.7% of the UrbanGold shares outstanding. Under the terms of the agreement, UrbanGold shareholders will receive 0.3004 of a Troilus common share for each UrbanGold share.

The exchange ratio implies a consideration of C$0.30 per UrbanGold Share based on the 20-day volume weighted average price of the Troilus shares on the Toronto Stock Exchange on March 22, 2021 for a total consideration of approximately C$19 million on a 100% and basic basis. The exchange ratio represents a premium of 35.3%.

. . . "The acquisition of Urban Gold aligns with Troilus' focus on developing a near-term production asset while executing a growth strategy supported by a broad portfolio of exploration and early-development assets within the Frôtet Evans Belt and Quebec. We look forward to welcoming Urban's shareholders to Troilus and our continued success together," stated Justin Reid, Troilus CEO.

> https://www.kitco.com/news/2021-03-23/Troilus-acquires-UrbanGold-grows-projects-portfolio-in-Quebec.html

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I am taking a few of these in an 18 cent placement... closing any day

SGO / Sonoro Gold: 0.195 + 0.015

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==

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