Nick_Silver

Investor. Gold, Silver, Precios Metals, Crypto. Follow Macro trends and fundamentals. No advice.

[Nick_Silver @Precious_MT_Inv]

@Fortuna_Silver Great production, paying back debt, buying back royalty stream and share buyback! Fortuna continues to deliver on its promises!
@jganoza69 with the current gold/silver prices could you start producing those onces that came out of the San Jose resource recently and how fast?

[Nick_Silver @Precious_MT_Inv]

@JrMiningNetwork This provide a strong capital backing to support the restar of the next 2 mines and accelerate the development of the full pipeline vs. doing organically at a slow pace.

[Nick_Silver @Precious_MT_Inv]

@JrMiningNetwork The strong operating cash flow is being put to good use. 1) strategic acquisitions (Bolańitos), debt repayment (Oceana), expansion of drilling and development. All these will lead to higher and more reliable production, lower ASIC, more sustainable FCF

[Nick_Silver @Precious_MT_Inv]

@GoldTelegraph_ Central banks have bought massive amounts of gold. The general public has been blind to this and soon will start catching up

[Nick_Silver @Precious_MT_Inv]

@minarchis1 @Sorenthek Those are the developer and explorers, producers who has good ASIC only issue stock to buy someone else. And right now they are making huge cash flows.

[Nick_Silver @Precious_MT_Inv]

@McEwenInc @McEwenCopper Copper at all time highs! Lack of supply growth to face growing demand! All at the right time for McEwen Copper to ensamble the financing package, IPO and move to construction decision within 12 months. Big parties jumping in!
McEwen Mining share price not reflecting real value

[Nick_Silver @Precious_MT_Inv]

@Regadenoson @FredKosters @Hanrik115 Still holding and have not sold. Story still intact with nice cashflow. Waiting for Argentina drilling and resource expansion and Lagoa Salgada permits before selling any shares

[Nick_Silver @Precious_MT_Inv]

@vantraders @WestRedLakeGold @minedeveloper In theory they have enough money and they should be making some cash flow but mining companies always surprise you

[Nick_Silver @Precious_MT_Inv]

@JrMiningNetwork Spitting cash with aprox 800M operating mining cash flows. Not bad for a 3B company valuation with -600M in cash. That puts them on a 3x 12mo cash flow multiple. They continue to grow resources, explore, buy back shares!

[Nick_Silver @Precious_MT_Inv]

@JrMiningNetwork Good quarter with no surprises. Everything going as planned!

[Nick_Silver @Precious_MT_Inv]

@B2GoldCorp Better than expected indeed! Still keeping guidance despite the Goose crushing issue, Fekola regional permit still pending. Not sure how recent Mali unrest can affect them. By next earnings we will get confirmation if everything going well or the above items have some impact

[Nick_Silver @Precious_MT_Inv]

@LincolnMics @goldseek I think it was up given the high inflation and Iran war to make it even worse

[Nick_Silver @Precious_MT_Inv]

@GPs_capital_ Cerrado is still very undervalued. If they can extend the miners Don Nicolas for another 5 year plus that would be a game changer, let alone if they can move the Lagos Salgada Project and Mont Mercier

[Nick_Silver @Precious_MT_Inv]

@jmillette77 @realrockyrose Ultimately this undermines confidence. I am giving them 12 more month. I got tired of Steppe Gold for example on keep pushing phase 2 timeline and opaque financials with loans to owner group. Sold them for 2-3x still, but they lose my “trust”. In business trust is everything

[Nick_Silver @Precious_MT_Inv]

@jmillette77 @realrockyrose True about PGM failure, that’s why they are not fully valued until they prove themselves. I see the IR as a leading indicator. I get disappointed companies saying things in the 4-8 weeks leading to earnings and suddenly they change the script/miss. Be upfront, explain clearly

[Nick_Silver @Precious_MT_Inv]

Mining is a tough business. One has to always discount companies expectations by 20-30% or 6 months for new mines and development projects. In the last 2 weeks two of my high conviction picks got minor seat backs (B2Gold Goose crusher and West Red Lake soft ramp up). LT still ok

[Nick_Silver @Precious_MT_Inv]

@jmillette77 Agree ultimately they should be fine, but ramping definitely very slow. If gold prices would have been at 2,500 this would have gone bankrupt again

[Nick_Silver @Precious_MT_Inv]

@jmillette77 @realrockyrose It’s not investors are impatient. 1) this mine failed before; 2) they shared last year they would be 50-60k oz in ‘26; 3) Now is 35k-45k, way below. 4) in Q4 they did 7k oz, now in Q1 6k with more equipment, storing waste underground..should have grown prod; 4) IR lead. Left

[Nick_Silver @Precious_MT_Inv]

@inigoezponda @PeterSchiff Hoping they low balled the production numbers. Still good upside but definitely disappointing. Unless they can explain they took advantage of of high prices to process ore that would not be profitable at lower prices (maximizing LT value).

[Nick_Silver @Precious_MT_Inv]

@Vassago_Gold @Mark_IKN Very disappointed

[Nick_Silver @Precious_MT_Inv]

@_HonestInvestor @Mark_IKN Annual FCF would be 12B at this clip. So 10x… cheap if it gold stays at 4700