Chris Bourbeau

[Neil Ringdahl @NeilRingdahl]

A project's working capital requirement is often estimated as 3month's operating cost. This may not be enough; the working capital requirement is closer to three months revenue if the revenue in CF is valued when produced rather than when received. Deferring the revenue stream 3 months or more as appropriate, the operating costs are left in the cash flow as expended.

[Chris Bourbeau @BourbeauChris]

@TheNextBigRush Or starts taking forced or unforced stakes in Canadian gold projects.

[Chris Bourbeau @BourbeauChris]

@graddhytrading Could you argue the dc decline started on day 25. Looking at gold the high was a week ago

[Chris Bourbeau @BourbeauChris]

@DonDurrett Surprisingly at the biggest sporting store in Canada, prices for shoes have barely gone up in the last 15 years. I have no idea how

[Neil Ringdahl @NeilRingdahl]

Some #Books I would recommend on #Mining for anyone interested in learning more.👇🙂
Could I interest @tom_woolrych or (someone like him?) to make a similar reco on best economic geology/exploration books to read? 😬

1 - Climax: The History of Colorado's Climax Molybdenum Mine, SM. Voynick, 1996:
Very readable, on it's discovery, the creation of a moly market, the role of people, its construction & operation over many decades.
A must for anyone interested in investing into mining companies, as its highlights the importance of a mine on the economy as well at what sort of management approach is best.

2 - (Stantec's) Hard Rock Miner’s Handbook, J de la Verne 5th Ed., 2014:
For MinCo's, engineers, investors & students in the difficult world of hard rock mining. Filled with case study references & "art of experience" rules of thumb on everything mining.
A must-have technical reference to use when anyone tries to bamboozle you with mining jargon.

3 - The Economic Definition of Ore, K Lane, 1991, 4th Ed 2015:
All about cut-off grades in theory and practice & its relevance to the survival of any mine.
The fundamentals that drive every mining financial model, that very few in this space actually understand. A must read for anyone who invests in advanced exploration/development companies.

4 - SME Mining Engineering Handbook, P Darling, 1992: Introduction to everything mining - methods, economics, rock mechanics, safety, social license, costs & applications. Great for someone who wants to know enough about mining to be dangerous.

5 - A Handbook on Rock Engineering Practice for Tabular Hard Rock Mines, De Jager & Ryder, 1999:
Well illustrated and easy reading for anyone interested in the how & why of mining seismicity and/or collapse, designing to prevent it with practical applications for all mines, worldwide. (excerpt below).
I can think of a copper company in the DRC that should probably consider perusing it. 😁

6 - Rock Mechanics in Mining Practice, Budavari, 1983: A more detailed study on fundamental principles of stress & deformation around underground openings, material properties & the mechanical behavior of rock masses in deep-level mining environments. Something perhaps for the engineer hidden deep inside you - this is your chance! 😅

[Chris Bourbeau @BourbeauChris]

@wealthmoose Canada should gets its own house in order before allowing the u.s. to live rent free in its collective heads.

[Chris Bourbeau @BourbeauChris]

@wealthmoose tariffs overall are higher between provinces than between canada and the U.S. Most trade is not done between provinces, but rather each province with the united states. Economically each province is just another state. Provinces should prioritize relations between each other 🙄

[Chris Bourbeau @BourbeauChris]

@graddhytrading If you can nail the trail braking to get that nose tucked in there is nothing better. 🙂🏎️

[Chris Bourbeau @BourbeauChris]

@Guv999 Seems like silver and gold equities have not reacted the last couple days, which likely means a flush to fill some gaps? Currently GDXJ has 5 recent gaps to fill.

[Chris Bourbeau @BourbeauChris]

@graddhytrading There are 5 gaps on GDXJ currently. I checked back over the last couple years and there are no gaps that did not get filled 😳🚨

[Chris Bourbeau @BourbeauChris]

@graddhytrading Seems like the metals are heading up while the equities have not been yesterday and today. Usually when this happens there is a reversal pretty soon. So likely we get these gap fills? That would be a 20% retrace in some of these equities just to fill the last gap.

[zerohedge @zerohedge]

"The WSJ reporting that the long-feared “Google Zero” moment — when Google Search largely stops sending traffic to third-party sites — some publications are seeing traffic drops of more than 40% between mid-2025 and mid-2026. Publishers face a choice: allow Google’s multi-purpose crawlers (which feed both traditional search and AI training) or block them and lose search visibility entirely. Several major outlets, including USA Today, Reddit, Politico, Reuters and others, are now openly considering or preparing to restrict Google’s access, while Cloudflare plans to start blocking multi-purpose crawlers by default from mid-September unless site owners opt out. The old model in which publishers had no real alternative to Google’s rules is cracking" - Goldman TMT note

[Chris Bourbeau @BourbeauChris]

@Stretch672 @graddhytrading Thats what she said

[Chris Bourbeau @BourbeauChris]

@KobeissiLetter @grok how does this chart take into consideration general population increase, the increase in baby boomer retirees retiring early due to stock performance, and families choosing to have only parent working due to having kids?

[Chris Bourbeau @BourbeauChris]

@graddhytrading @Masud1572651 Looks like DXY is breaking down

[Chris Bourbeau @BourbeauChris]

@PeterM_investor @LucaMining @RealRickRule I should probably go next year. Will i see you at goldmesse?

[Chris Bourbeau @BourbeauChris]

@Guv999 After the run on precious metals over the next few months, do you expect the next correction to keep us rangebound. When do you see the next leg real up starting that produces higher highs?

[Chris Bourbeau @BourbeauChris]

@RonStoeferle @LukeGromen If its a problem for the U.S, its an even bigger problem for the rest of the world

[Chris Bourbeau @BourbeauChris]

@Guv999 Bullish % index is through the floor

[Chris Bourbeau @BourbeauChris]

@Guv999 New ATHs incoming? 6500 and 150 ish, or just a rebound not making ATH in a longer choppy consolidation till next year sometime?