Bought more $mpm.v today. Retail doesn’t understand that the results are solid and there will be more and more coming each month.

Open pit oxide deposit in the 1# gold mining district in the world. Even the lowest grade material is $22t rock vs $8t costs.
Pit growing in width by 24m and extended in length by 94m with a couple of these recent holes.

There will continue to be to be splashed drill results with higher grade to give excitement but this is also a simple bull tonnage operation that is easily developed.
Margin is what’s most important and $mpm.v has it in spades plus torque to higher gold prices.
$mpm.v’s Mountain View, headline drills results 0.32 g/t oxide Au over 164.4 m in hole MVCD-0013. Higher-grade zones are present at the top of the hole (near-surface, potentially value-enhancing) and extend 40 m past the current pit shell. (Pit getting bigger)
$mpm.v will have high margins even at @ .32g/t and $1800 gold thats $20/t rock. And opex is expected to be around $8/t dollars, Rochester near by operates at $4.98/t

Pits gonna grow and economics will continue to improve. Plus they have many other projects to work with.
The key to understanding these projects is looking at the affective grade. Or grade/strip. When you consider the grade/strip ratio and all in costs $mpm.v has the highest affective grade in Nevada. That’s why it’s my favourite #gold junior. And I bought more today.

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More from @BambroughKevin

10 Dec
Here’s one article for the ages. Will prove to be a victory lap taken at the top just prior to its implosion.
#cryptocrash news.bitcoin.com/the-crypto-eco…
So looking at the articles on the size and inflows of the crypto ecosystem it seems like this year will see ~$10b inflows, up from ~$7b last year. But the ‘value’ of all the coins in the system is said to have hit $3T. Even if we say total inflows in history have been $100b
Read 26 tweets
9 Dec
Everyone should be prepared for a liquidity drain that’s coming. Bitcoin is set to crash imho. Tether Holdings is 100% the biggest ponzi ever. It’s shockingly horrible truth that is finally getting man stream understanding.
Bitcoins are nothing more than the 1st of the 15,000+ bullshit coins with all sorts of stupid names and childish logos. All the unbacked coins are nothing more than digital fiat and requires suckers to keep feeding the ponzi.
What makes this crypto sector ripe destruction is the fact that Tether Holdings is being exposed as pure ponzi. The Comercial paper swaps it has entered into are a fucking sham. These guys are hiding the truth because the truth is bad. If the Comercial paper was good they show it
Read 15 tweets
9 Dec
Great sign that Greenland is open for business and there there will also be competing nations looking to secure metals to import and help industry. $moly kitco.com/news/2021-12-0…
Greenland Resources $moly has the #1 world class molybdenum project. I believe we will see similar government backed funding options for its mine at low rates and great economics.

US EXIM Bank looks to fund ironbank for its zinc/lead mine
I’m told the EU is likely to do the same for Greenland Resources. Germany in particular is desperate to secure Molybdenum for its steel and auto industry. It’s an absolute must have. Greenland Resources is my top multibagger pick. 20x potential.
Read 8 tweets
8 Dec
On Monday, French grid operator RTE reported the 1,300 megawatt (MW) Cattenom 2 reactor had the end of its maintenance period extended to March 2022 from Dec. 24, one of several reactors it listed in November as at risk of maintenance delays. nasdaq.com/articles/power…
"The scare that the French nuclear maintenance period will be extended after the signal about this one reactor is spreading to the rest of the market," said Fabian Ronningen, analyst at Rystad Energy.

"The market is very nervous, it is not just a short-term thing."
Germany's ongoing nuclear exit programme takes 4.2 gigawatt (GW) of capacity out by Dec. 31.POWER/DE

the February contract, called baseload for 24-hour supply in that month, hit 375 euros ($422.55) a megawatt hour (MWh) and Germany's January contract was 5.4% higher at 246 euro
Read 4 tweets
8 Dec
“The signatures of these industrial co-operation agreements clearly demonstrate the growing interest of many countries in nuclear energy and our ambition to secure robust partnerships with local supply chains for EPR projects worldwide” utilities-me.com/news/nesma-par…
Huge news very powerful model and extremely important for the #uranium world.
“As a matter of example, the significant involvement of the British supply chain for the Hinkley Point C EPR project is a tangible result of our long-term strategy with the local industry,” he noted.

Working with local builders is so key..
Read 10 tweets
8 Dec
Bit of history for you all. Interview that I did from January 2006. Many of the things I said then hold true today. The uranium price +3x after in the two years following this ezinearticles.com/?Uranium-to-He…
Kazakhstan delivered in a big way. More than anyone expected and then Fukushima crushed the Industry. Now we are back and headed to all time highs again. Some of the same players still at it. I’m locked and loaded again.
We got an amazing 2 year squeeze ahead of us. 3-5x for the #uranium price. $u.un sure bet and I’m still telling people beware the shit co’s. Fools game to fuck around the with the have nots that have moose pasture in the basin and are thing to raise money and drill. No ROI
Read 4 tweets

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