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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (185012)3/8/2022 5:46:05 PM
From: sense1 Recommendation

Recommended By
bull_dozer

  Read Replies (2) | Respond to of 217830
 
Had just recently commented on it here...

I see it had quite the day today... along with quite a few others.

From other comments I've posted recently... picked up by others today... a clear trend exists... in which the most beaten down might tend to become the most overlooked...

That's not about juniors and low grade... It applies... or did until today... to CVX... as it did before to OXY... and still does to GTE... as the value there is CHANGES... in those, with the price of oil they have... with miners, with the POG or POS... [that abbreviation alone perhaps explaining why silver always lags gold ?]

In oil, oil prices are up... and oil stocks are up... but stocks haven't been up AS MUCH as the price / value of the oil they own. Some of that is rational conservatism... as prices are volatile... you don't let the stocks get out in front of the short term high price cart... But, sustain that over time... as we have... and you might back into stocks being undervalued... as the price continues not only to move higher but accelerate...

Biden, today... ensured that oil will go ballistic... or, more ballistic... and, soon. He's put a 45 day timer ticking on ending Russian imports... while NOT allowing more domestic E&P. And, while at it... he's very deliberately working at ensuring that Americans pay MORE than anyone else.

The same math and logic, if not the same politics, apply in gold and silver and the miners...

After years of "practice"... we're all used to having miners being beaten down... as many were again today...

But, particularly in silver... there's a MASSIVE disconnect between the value and the price...

And, the price sensitivity analysis of low grade... is not that different than the issues in silver...

I haven't seen anyone addressing that, yet, this cycle... where the price points for gold and silver are that make x% difference in the value of miners, generally... or how a change we've seen makes this old worn out deposit suddenly viable again now, when it wasn't last month...

I did do a deep dive on Hycroft once upon a time... but long enough back that I don't remember it... and, a search here doesn't pop up any post other than the one linked... so, must have been long ago posting on another site ?

I didn't see anything in their recent news to lead me to expect the move today...

And, I see in after hours that its down to $0.88... which I also don't take to mean much...

FWIW. I tend to be skeptical of low grade intercepts... even long holes... if they're not neatly packed into a formation suggesting there's continuity enough to make mining them viable... So, don't really have an opinion on it now... other than... a good day if you owned it...

But, I'm also skeptical of high grade intercepts... with only a meter or less in width... until there's a similar pile of data showing that the continuity exists to justify actually mining the stuff...

What I didn't see in the recent news from them... was anything that put the numbers in that context... without which you can't really ascribe them value beyond "interest"... requiring more work to figure out what they're not telling you...

Others may have a better bead on the situation at Hycroft than I have... that allows them to value it differently that those who have less awareness of such critical things as... continuity in an ore body making it a viable (feasible) candidate for mining...

Maybe I'll remember more about my prior look at it as time clears the cobwebs away with a refreshed look.. but it might be worth searching a couple other sites to see if others have been riding herd on it recently... the usual suspects... IHub... Stock House... maybe even Yahoo comments section might shed light...



To: bull_dozer who wrote (185012)3/9/2022 10:11:44 PM
From: bull_dozer  Read Replies (1) | Respond to of 217830
 

SUSTAINABLE HIGH-PURITY BATTERY GRAPHITE



MADE IN THE USA


Westwater’s battery graphite business serves the green energy storage sector – making the electrification of our transportation and renewable energy power systems more efficient and accessible to people all over the world.

Our Energy Materials Strategy

Westwater Resources’ critical energy materials portfolio includes U.S.-sourced graphite and vanadium.

  • We are creating an advanced battery graphite business in Alabama, scheduled to produce battery graphite in commercial quantities in 2023.
  • We have identified potential for significant vanadium mineralization at our COOSA Graphite Deposit in Alabama.
  • We have one of the largest uranium mineralization bases in the U.S.A., presently subject to sale to enCore Energy and scheduled to close by the end of 2020.

westwaterresources.net



To: bull_dozer who wrote (185012)3/10/2022 9:25:37 PM
From: bull_dozer  Read Replies (3) | Respond to of 217830
 
HYMC up 138% during the day trading and up another 26% in after hours trading...

Russia drops gold tax to encourage savers to dump dollars

Russian President Vladimir Putin on Wednesday signed a law that exempts individuals from value added tax (VAT) on the purchase of gold.

The measure is meant to provide support to Russian citizens, looking to invest their rubles, which have been depreciating in value amid Western sanctions, RT reported.

Moscow has imposed restrictions on the purchase of some foreign currencies, including the US dollar and the euro, the common way for Russians to protect their savings in the past.

The document was published on the state portal for legal information. Corresponding amendments have also been made to the Russian Tax Code.

The new legislation is retroactive and applies to purchases made since March 1.

business-standard.com