BtL Finance

ASX/TSX Gold Investor focusing on juniors/mid-caps. Subscribe on Patreon for video analysis of miners and metals.

[BtL Finance @BtLFin]

@AlchemyofFinan1 @respeculator Much better. More personality than the sterile AI deck.

[BtL Finance @BtLFin]

@clairlemon Yes particularly the case with ETFs since the whole purpose is to ride and smooth market volatility.

[High Grade 🚜⚒🌎🥇🇺🇸🇨🇦 @EconomicAlpha]

Wow: Equinox Gold and Orla Mining Combine to Create North America’s New Senior Gold Producer: Built to Grow, Built to Last

$EQX $ORLA

[Junior Mining Network @JrMiningNetwork]

Rupert Resources to Be Acquired by Agnico Eagle $RUP.TO https://t.co/3sEFXGozsg

[BtL Finance @BtLFin]

Two words that strike fear into every gold mining investor. $NST

[Oliver Groß @minenergybiz]

The current return on equity (ROE) of precious metals and mining companies compared to other sectors: A different world 👀👇💰 $GDX $GDXJ

[Mr. Uppy @MisterUppy]

Met some folks at a bar in Toronto last night.

They work in finance and I asked if they own any silver or gold.

“No,” they said.

“Why not?”

Responses:
•“It doesn’t produce yield.”
•“Dead assets.”
•“I’d rather own $NVDA.”
•“Gold’s had its time.”
•“Silver is just an industrial metal.”
•“We’re in a new era now.”
•“Bitcoin replaced gold.”
•“Nobody talks about it anymore.”
•“I’m too late.”

Sigh.

[BtL Finance @BtLFin]

@croninpd @respeculator To be fair to PRU mostly transitioning to lower quality pits driving lower production at Yaoure and Edikan. FY25 was a sweet spot. Costs haven’t got out of control (yet). At least they made a chunk on the PDI stake.

[BtL Finance @BtLFin]

@TaviCosta Depending on when the 'discovery' is defined (I'm assuming maiden resource) I can think of multiple greenfields >2Moz in 2023/24. Valley, Oko-West, Tanda-Iguela? NeverNever? Data looks more like it is relevant to 5Moz+ discoveries. S&P is not hugely reliable for data like this.

[BtL Finance @BtLFin]

@DavidFi_ @DebraG_Robins Still seems like no one really cares, especially in the junior developers. Canada definitely getting more love these days.

[BtL Finance @BtLFin]

@respeculator Thanks mate, hope you’re well. It’s been quite the ride. Looking back probably had way too much in it. Still holding but thankfully managed to transition to some safer gold plays as well. I’ll credit the Sprott analyst I read in 2017 after the high grade was found at Sanbrado.

[zerohedge @zerohedge]

*TRUMP: DOLLAR IS DOING GREAT

[Junior Mining Network @JrMiningNetwork]

Allied Gold to be Acquired by Zijin Gold International in Friendly All-Cash Offer Valued at C$5.5 Billion $AAUC.TO https://t.co/WeFZigE4Yc

[BtL Finance @BtLFin]

Gold: An Asset for All Seasons | David Finch https://t.co/ekcQlcIjFl

[CNBC @CNBC]

Muddy Waters Capital's Carson Block makes rare long call in Canadian miner Snowline Gold https://t.co/t9sVtybeA7

[BtL Finance @BtLFin]

@TheNudeInvestor Yeah and most projects with significant technical, intellectual and social obstacles.

[Oliver Groß @minenergybiz]

There will be major changes in the leading gold miners ETF $GDX this Friday 🪙👇

[Junior Mining Network @JrMiningNetwork]

G Mining Ventures Announces Receipt of Final Environmental Permit for Oko West Gold Project in Guyana $GMIN.TO https://t.co/PKNOnqCjGR

[BtL Finance @BtLFin]

@The_scanner_man @CommSec Since June ASX names have been trailing for a specific reason. 12-24 month basis ASX names stronger, particularly juniors.

[BtL Finance @BtLFin]

ASX Gold Miners have dramatically under-performed their North American peer group in the last six weeks. The upcoming index changes to the GDX appear to have been a large factor.