Deporter in Chief

Opinionated MAMIL, mining sector accredited investor

[Deporter in Chief @DavidRAF303]

@minedeveloper Mr Williams if you want to maximize exposure please start adding $WRLG.V in your posts as otherwise it does not get linked in searches

[Deporter in Chief @DavidRAF303]

Surface ore stockpiles at West Red Lake

Ore movement issues must have been alleviated, awaiting completion of shaft so they can start skipping ore to surface lowering overall costs

[Shane Williams @minedeveloper]

I love stockpiles of HG ore !!!

[Deporter in Chief @DavidRAF303]

@NeilRingdahl @minedeveloper I'd say it's around there 😉

[Deporter in Chief @DavidRAF303]

@NeilRingdahl @minedeveloper Shane is this over or under 7 grams

Wink twice

[Deporter in Chief @DavidRAF303]

@minedeveloper Excellent work 👏

Means ore movement is hitting targets

Hearing grades outperforming plans as well

[Deporter in Chief @DavidRAF303]

@vantraders @WestRedLakeGold At last

[Deporter in Chief @DavidRAF303]

@Henrik115 What's driving the sell off?

High AISC and squeezing margins?

[Deporter in Chief @DavidRAF303]

@JoeHorneck @BradWButt @Branch139 Maybe a wall murral would be more appropriate as this disintegrated quite quickly

[Deporter in Chief @DavidRAF303]

@HunterBiden @RadCentrism @mickeyy909 Agreed

Your dad is the only president I recall that didn't increase his wealth during the presidency, or just modestly so

Unlike the criminal cabal running the show now

[Deporter in Chief @DavidRAF303]

@FredKosters @Henrik115 Delamar should be funded from existing cash flows plus debt which would limit dilution

[Deporter in Chief @DavidRAF303]

@Henrik115 Great list

Recreated adding Atico Mining and West Red Lake

Integra also a good addition

Atico included La Plata online 2029

West Red includes Rowan 2029

[Deporter in Chief @DavidRAF303]

@GoldnGuitars @MPelletierCIO That's bit tight with orange man at helm, could swing lower on a poorly constructed headline

[Deporter in Chief @DavidRAF303]

@GoldnGuitars @MPelletierCIO Still expecting GDX to rally into the summer?

Building some positions anticipating a move higher

[Deporter in Chief @DavidRAF303]

@GoldnGuitars @MPelletierCIO Yields should decrease with additional easing of monetary policy increasing current bond prices

Not sure what Martin is referring to as you should be buying bonds here

[Deporter in Chief @DavidRAF303]

@AleSimo19 Atico Mining a great pick but look at West Red Lake

It will surprise soon

[Deporter in Chief @DavidRAF303]

@grendarl @Regadenoson @FredKosters @James56487175

[Deporter in Chief @DavidRAF303]

@grendarl @FredKosters Holding this and $WRLG.V?

That's almost my entire mining portfolio at this moment 😁

[Deporter in Chief @DavidRAF303]

@Premski_SGP @FredKosters That's what I am hearing as well

Drill results shortly and updated technicals sometime early Q3

Production trending higher quarterly

[Deporter in Chief @DavidRAF303]

Excellent copper play here if you have the time to wait for La Plata

[Fred Kosters @FredKosters]

$ATY.v is a big beneficiary of higher copper prices. Copper sales in Q1 were realized at an average price of USD 5.58/lb. Today, the copper price is a dollar higher (USD 6.59/lb). Based on this higher price and assuming annual copper sales from El Roble of 11M pounds, Atico's pre-tax cash flow increases by USD 11M per year = CAD 15.2M, all else equal. That's almost one third of the company's current mcap. After tax, a one dollar increase in copper prices lifts FCF by an amount that constitutes appr. 20% of Atico's mcap, assuming a copper production of 11M pounds per year.

Atico currently operates only one producing asset (El Roble). The second and larger asset (La Plata), which is also a gold/copper project, will be advanced to a construction decision in Q3 2026 and start production in 2028. Atico's current mcap implies almost no value for La Plata. This should change as soon as project financing is secured (the big catalyst!) and construction of the mine starts.