Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (313424)	1/14/2026 9:18:00 PM
From: jazzlover2	1 Recommendation Recommended By ralfph Respond to of 313703

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.