2PickInvestor

I like Frontline Ltd. And Arizona Sonoran Copper
90% of my wealth 50/50 in these two companies.
Am one of the largest retail investors in Arizona Sonora (ASCU)

[2PickInvestor @killerduck76]

@AJNat7 @dmeinvestor Did you read @Mark_IKN comments on $Oco? Nobody is right all the time. But when a mining geologist says "this will never be a mine". You re-think the thesis not one, not two but three times over :-) Mex. permitting landscape will change at some point for sure. But is it enough?

[2PickInvestor @killerduck76]

@AJNat7 @dmeinvestor Main attractions to ASCU were district and low permitting risk, besides resource size. Hudbay bought in at 1,68 Canadian. You are talking USD presumably. I was in before Hudbay (but after Rio's first purchase). Loaded up all the way down to 1$ Canadian and averaged 1,47canadian.

[2PickInvestor @killerduck76]

@AJNat7 @dmeinvestor You have good points that permitting is pivotal always. Institutional investors have a good cause to be afraid of mexican permitting landscape. So should retail investors. Billion $ NPV mines have failed because of a rare frog or a hill that was holy 1000 years ago. Or a river.

[2PickInvestor @killerduck76]

@AJNat7 @TomSmit01069776 @dmeinvestor @OrocoCorp You are right about that. Sorry, I missed your longer in-depth answer.
Good to see you did some due diligence. One of my beefs with Oroco is that they have paid promoters and they are effective. So they have -many- retail investors with zero knowledge of the mining sector.

[2PickInvestor @killerduck76]

@TomSmit01069776 @AJNat7 @dmeinvestor @OrocoCorp Why not just wait for the next dilution and buy at 20 cents if you believe in the long term case? Nothing has no risk, but I prefer 1: medium risk/high reward to 2: high risk/ high reward. Many better options in copper juniors.

[2PickInvestor @killerduck76]

@AJNat7 @TomSmit01069776 @dmeinvestor @OrocoCorp You just showed fantasy economics. You did not reflect on any of my initial points. Ignore basics at your own peril. I hope I am wrong at Oroco shows to be a success.

[2PickInvestor @killerduck76]

@TomSmit01069776 @AJNat7 @dmeinvestor @OrocoCorp Drilling permit are a far span from production permits. Environmental impact analysis could very well show that Oroco is not feasible. Risk is very underrated by retail investors in Oroco.

[2PickInvestor @killerduck76]

@AJNat7 @dmeinvestor I love ASCU. At one point 50% of my net worth were in them. The new house paid cash from part of Hudbay takeover gains.
I am not shifting anything to $Oco Resources are worth nothing if no permit. ASCU were as sure a thing as they get. Oroco is speculation.

[2PickInvestor @killerduck76]

@calvinfroedge Awesome! Sold all oil stocks Friday and re-buying at max negativity. This time keeping to Cenovus and Strathcona. They had highest leverage/response to higher oil price last round. Also had Devon, Suncore and Surge.

[2PickInvestor @killerduck76]

@christankerfund I believe he will sign a pre-pre-deal acknowledging good intentions of all parties and it will only cost 15 billion $ to Iran :-)

[2PickInvestor @killerduck76]

@TomOnTech Rates were sky high before Hormuz closure. High demand but also Sinokor prize pressure. Opening will be short term heighten rates. This will likely last until winter where it is high season again :-) I do not see P/E 20 anytime soon unless stock goes up. Sinokor still pricing ☝️

[2PickInvestor @killerduck76]

@TomOnTech @trondyman They are not 22x at current earnings.

[2PickInvestor @killerduck76]

@Tesler914 @calvinfroedge @TheDemocrats @AOC Are they billionaire friends again? Truthfully I have lost track of their relationship :-)

[2PickInvestor @killerduck76]

@AlaliQasem What would happen with the SpaceX valuation if / when Mr. Musk dies?

[2PickInvestor @killerduck76]

@OBI_CR @ncitayim @HFI_Research @MehrnewsCom In it is ending the war. The US lost it and they are negotiating terms of surrender. Trump will sell it as a win, he has a lot of practice in lying confidently about losses. I guess this is why oil is down an incredible 4,5% on the 39'th art of the deal. Trump giving in on terms?

[2PickInvestor @killerduck76]

@JoshYoung Big if ships also entered Strait! Leaving....less so.

[2PickInvestor @killerduck76]

@cym27s If they go after oil facilities, what will happen if Iran also does?

[2PickInvestor @killerduck76]

@AndersSjastad Sinokor pricing leverage is no joke.