SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ralfph who wrote (313424)1/14/2026 9:18:00 PM
From: jazzlover21 Recommendation

Recommended By
ralfph

   of 313429
 
I believe so too, the number is nonsense. I've read the reserve numbers are self reported by the regime. Also all countries estimates are at a certain price, so the higher the price the higher the reserves. Who knows what price his reserves are rated at, probably much higher than current prices.

OT, speaking of reserves at whatever price, reminds me of NGEX from their website Los Helados (69% owned) deposit alone indicated/inferred mineral resource estimate is with 26 billion pounds copper at $3.90/pound and 13.8 million ounces gold at $1800/ounce, 140 million ounces silver at $20/ounce. Very conservative imho. Lunahuasi (100%) looking huge as well, Valle Ancho in the on-deck circle, we'll see as further drilling Luna reveals more, hence market cap over $6 billion. All imho.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News