/CMMG/ Commodities, Mining, and Macro General

ICBM edition!
Is the specter of nuclear death bullish for miners and precious metals?
You decide!

i wish they would fire an icbm at the houses of people who make these shit ass generals

nuclear war

Gold will go up 0.1% and gold miners down -3%.

That's mean, dude.

oilbros... Keystone XL is back on the menu

NFG

How fucked is Eric Sprott?

Gigafucked. The resource estimate will likely disappoint.

/thread

oilbros

it's like a god damn wrestling event
russia turns up the heat

People forget they have hundreds of bonanza intercepts starting near surface. 3Moz+ is worth a lot and they could have double that

uhh, kuya silver bros?

idk man... Are 3M oz worth $400M mcap?

Pretty fucked if he has become this retarded in his old age which is highly unlikely.
I still think the whole Newfoundland play is going to be massive.

I might buy a ticker, but I don't have my hopes up. This shit sounds like too good to be true.

qrd?

A billionaire invested $200M at the top or some shit.

Thank you

I still find it kind of incredible that Kinross paid over a billion bucks for Great Bear. That's five million ounces. And that deposit isn't even near developed enough for production anytime soon. So they paid over a billion dollars, have to wait like 5-8 years while paying hundreds of millions for exploration and studies and other costs, and THEN they can get the luxury of investing almost a billion more to build this overhyped turd. Great ROI, or so I am told by retarded retail investors. Meanwhile Endeavour Mining discovers and develops a tier 1 deposit for less than a hundred million in like two years and will probably get that into production within five to seven years from discovery, for less than a billion total. And that stock is hated.

This sector is fucking retarded.

Kek, I feel you man... Who the fuck even makes these decision.

I guess I shouldn't be surprised why the sector is such a consistent underperformer. Most of the companies and the investors (if you can call them that) are fucking stupid. But I think you can make good money by ignoring the stupids and focusing on the good companies especially if the market doesn't value them properly

But I think you can make good money by ignoring the stupids and focusing on the good companies especially if the market doesn't value them properly

That's the way.

Are you going to buy my shitty stock or not?

For me it's SLB

youtube.com/watch?v=Rl8jm9TwuJU
Pierre Lassonde boy is bullish on gold as he claims Trump is likely to spend two times more just at the start of presidency (7 trillion) than Kamala would have spent in four years.

Also KEK at thedude doing an interview - he pwned himself thinking that gold companies he mentioned woud be playing AGAINST THEMSELVES, What a stereotypical level of murrican imbecilism.

That would cause Muscovia to be nuked out of the face of Earth, so based idea.

I was just retard posting a pic from the movie Boiler Room, its about pump and dumps.
But since you mention SLB, why SLB over the others? In the last month Halliburton is up 12% and SLB 5% and HAL is less expensive, but SLB has a slightly better dividend.

I should add Bakers Hughes is up 23% in the last month, but I already had that one and wanted to diversify a little in the oil services sector.

No particular reason other than the fact that it has a more interesting chart to me. I know very little about OFS but I want to speculate on the drill baby drill meme

For me its SLB and RIG
I had CHX too but SLB bought it lol

One of the kittens got sprayed by a skunk.
Stinking fuckers

good day for a uranium melt up

or down idk

mess wit da bess, stink layk da ress

#foundout

RIG looks like a dog, what do you see in it?
CHX - not doing much, dividend is pretty weak, what do you see in it?

CHX - not doing much, dividend is pretty weak, what do you see in it?

performed good since March 2022 when I bought it, few months ago it was confirmed that
SLB buys CHX for around 40$ per share or what thats when I sold CHX for ~38$

Shares of ChampionX (CHX) jumped Tuesday after SLB (SLB) agreed to buy the rival oilfield services provider in an all-stock transaction valued at about $7.8 billion.1

SLB announced that ChampionX investors would receive 0.735 share of SLB for every share of ChampionX they owned. That works out to be $40.59 per share, a 14.7% premium over ChampionX’s closing price Monday.

so yea the CHX trade is over I believe

RIG looks like a dog, what do you see in it?

RIG I bought at the local top in April 2024, that wasnt a good entry in retrospect, but I will hold and believe it will profit from higher oil and gas prices and from more activity in the oil an gas industry

The chart looks like this ticker is a Dog, yes but I bet with 1% of my portfolio that it will gain in the future

oil bros....
what do you think of the recent green candles this week?
just fake hope or are they real

depends on what you mean. If you're hoping for $100 oil you can forget it. Not happening.

intercontinental missile

spent on next-door neighbor

Wen moon boys? I need my survival bunker in the hills of Japan with four Japanese qt3.14. Please guys, I'm getting tired of two more weeks.

In a fortnight