I bought 5% of this company at 33c or higher for what it’s worth. Trading at 20c now making me look dumb. But massive #copper and #uranium prospects. Already significant uranium. Both assets have the potential to be massive. If the market don’t want to finance….
I plan to keep at it. The nature of both assets has me believing that funding exploration will result in 10x + returns with in 10 years. And it has the potential for 10x that. Tiny cap and the right address for both deposits.
If you like lottery tickets with very good relative odds this is the sort of play. In a hot market for either copper or uranium assets like these get $100mln caps. (Each vs tiny cap today)
Only highlighting today because it’s now available otc USA. And many have told me they can’t buy aussie stocks
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Spoiler alert: individuals and companies may well keep capital at regional banks. But shareholders and bond holders won’t. There will be a run on the banks by those investors and it will cripple them.
The problem is that many believed the Fed when they said inflation was transitory and that rates would be kept low and invested out on the curve in desperation for yield in a zero rate environment. Then got smoked with the quick succession of 50bps hikes.
The fed is now way behind the curve and shit is gonna fall apart until they cut rates and return to qe. But even then. Some thinks like shitty banks and weak leveraged companies will still fall for another 6months or more
Federal Reserve Board - talk tough and then do exactly as they are told by their banker cronies.
Take note people. No need to scrutinize the bank balance sheet your dealing with…. Just go for the lowest fees now federalreserve.gov/newsevents/pre…
So it seems these regional banks depositors will be made hole. But not equity holders. Regional bank stocks will likely struggle. This deal will likely have a similar effect to the Bear Stearns failure 6 months prior to Lehman.
This ponzi market and ponzi economy is screwed without ultra low rates and continual QE. Debts must be inflated away or the system implodes. That’s the world we live in and the fed knows it. Their policies will have unintended consequence as they always do and their entire… twitter.com/i/web/status/1…
Who’s next? Massive panick pivot in the cards or they will all fall like dominos. Never forget we have an ponzi economy and ponzi financial system. Nearly every level of government has liabilities that will only be paid with new money creation reuters.com/business/finan…
Our fractional reserve banking system lends out multiples more than its deposits. This is a money creation process along with the federal reserve purchasing treasuries. To try to simplify it, imagine all money is leant out in just one iteration and you have an average interest… twitter.com/i/web/status/1…
I’m overly simplifying a massively complex system. But imagine on a desert island one person lends the other $100 and charges 5% interest and the $100 is the only money in the island. It’s impossible for the debt to be paid off with interest.
Just took a flight from Vegas back to Toronto and every one of these trips just reinforces to me how fucking stupid the average human animal is. Crowding and fighting to get off and on planes. Rushing to get to customs and generally being emotionally driving assholes
Then after all the rushing and rudeness they never seem to learn that the luggage takes an hour or more to come out because another pack of stupid humans are completely incapable of unloading a plane and moving baggage a few hundred meters in a timely and organized fashion
The all the assholes gather around and crowd the luggage carrousel 6 people deep so hardly anyone can see or access the luggage that still takes another 30-40 mins on average to come out. (1 hr 20 mins for me to get my two ‘priority’ tagged bags to come out.
I had a look at the content and cost of #molybdenum in products like Liquid Moly Synthetic Oil and 3-5% Moly Lubricant/Grease. I assumed due to how recent the price of Moly has moved that price increases likely haven’t been pushed through.
Hard to get exact specs but it appears that high quality synthetic oils contain about 1 gram per litre or around 1% moly. So using $40/lb moly a 5 litre jug that runs $50-65 typically has about 45c of moly. Seems there would be little demand destruction even at $80/lb moly
Moly grease can contain up to 5% moly and a 14.1oz tube can range in cost from $12-15. So prices will rise about $0.80 to pass through a $20/lb increase to $40/lb. A further rise to $80/lb would likely see a further price increase of ~15% on top of that. More significant but… twitter.com/i/web/status/1…