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https://www.businesswire.com/news/home/20220120005402/en/

Sokoman’s Barge Drilling Program Delivers Strong Au Results Moosehead Project, Central Newfoundland
Multiple shallow intercepts including 3.10 m of 100 g/t Au in MH-21-342

ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) is pleased to report additional high-grade assays from the Moosehead Project including several barge-based drill holes completed just prior to the Christmas break, which were “super rushed” for metallics assaying at Eastern Analytical Ltd. in Springdale, NL.
Assay highlights include:

• MH-21-342 - 5.55 m of 56.58 g/t Au incl. 3.10 m of 100.00 g/t Au from 67.80 m
• MH-21-345 - 4.75 m of 20.75 g/t Au incl. 2.25 m of 39.57 g/t Au from 117.65 m
• MH-21-346 - 9.60 m of 7.33 g/t Au incl. 4.55 m of 12.98 g/t Au from 122.20 m

Also included are drill holes from the 75 Zone which has been extended to the north towards the Main Eastern Trend (MH-21-298), as well as holes from the southern limit of the Eastern Trend (MH-21-259 and MH-21-263) stepping southwards towards the 75 Zone (see attached drill plan). Additional drilling is planned to close the approximately 100 m gap between the two zones. Modelling is suggesting that shallow intercepts in the 75 Zone, including MH-21-298, 17.50 m downhole with 2.30 m at 9.75 g/t in 8.40 m of 3.35 g/t Au, may be a splay off the Eastern Zone and that the 75 Zone actually is the southward extension of the Main Eastern Trend which includes high-grade splays.
The drilling confirms very shallow, high-grade, gold-bearing veins lying in the Main Eastern Trend, as well as in splays or offshoots from it, as shown in an expanded table of results included with this news release. Intersected, downhole, Au values quoted are thought to be 80-90% of true widths.
...

bg bh

Zitat von District Metals

District Samples up to 367.0 g/t Silver, 30.1% Zinc, and 15.7% Lead on the Gruvberget Property

https://www.districtmetals.com…n-the-gruvberget-property

Tarachi Gold TRG.CN 0,16 Cad 13 Mio. Cad Mc
Was ist hier das Problem , bzw. gibt es Meinungen zu dem Wert ?

https://tarachigold.com/site/a…mber_presentation_trg.pdf

@Bozkaschi: Bin selbst (niedrig) investiert. Kann mir folgende Marktbedenken vorstellen:
1. Mexiko
2. Chairman Konnert wird nicht von allen als seriös angesehen
3. Naheliegende Goldgewinnung zwar sehr profitabel (und technisch risikoarm), jedoch eher kleinvolumig, woraus sich ergibt: (i) auch die niedrigen Investitionskosten müssen erst einmal durch die Erträge übertroffen werden; (ii) was kommt danach? Können die aktuellen Explorationsprojekte technisch sauber umgesetzt und wie vorgesehen finanziert werden?

In Kanada wird "Core Assets" (CC) gerade gehypt...weiß jemand näheres?

Gute Nacht

Zitat von zukuenftiger

In Kanada wird "Core Assets" (CC) gerade gehypt...weiß jemand näheres?

Gute Nacht

Ab 45:45 Min.

Zitat von The Hedgeless Horseman

A Typical Day For me When I Have dry Powder

For most of the last 6 years I found the junior mining sector somewhat hard in the sense of difficulty of finding “no brainers”. Well today with gold at over $1,800/oz and silver around $24/oz my problem is that there are TOO MANY no brainers to chose from. I literally have never had a harder time deciding what company to add in because I am up to 30-40 names or more that scream “What are you waiting for, can’t you see I am so ridiculously cheap that you pretty much are guaranteed to make at least 100% within 12-24 months?”. What tends to happen is that I am planning on adding in the first company that simply springs to mind on any given day… Then as I am out there with stink bids I of course end up thinking about other companies I could add in as well… What follows is an impossibly hard question to answer: “Just how am I supposed to decide what to buy if everything looks like a no brainer buy?”…
This is pretty much how my thought process cycles through a bunch of cases and I just end up buying whatever I happen to focus on at any given time since “that” no brainer happens to be fresh in mind…

https://www.thehedgelesshorsem…e-when-i-have-dry-powder/

So langsam komme ich mir etwas bescheuert vor mit manchen Positionen die ich so halte... Ich kann es nicht exakt nachvollziehen, aber vermutlich halte ich seit gestern zum ersten Mal eine Aktie mit einem EV von weniger als 1 Mio. CAD:

https://goldlionresources.com/

Viel lief in den letzten 1,5 Jahren hier tatsächlich nicht zusammen, was den katastrophalen Chartverkauf erklärt (Verzögerungen bei der Exploration durch Corona und Waldbrände, enttäuschende aktuelle BE). Ich halte dennoch weiter, denn ich habe noch die Phantasie, dass man in 2022 gute BE liefern kann. Dann könnte es auch schnell aufwärts gehen. Zu diesem Kurs verkaufe ich jedenfalls nicht.

Gruß, Jones

https://www.marketscreener.com…ect-Returns-mor-37698042/

Zitat von Marketscreener

Pacific Ridge Exploration : Second Drill Hole at The Kliyul Copper-Gold Porphyry Project Returns more than 566m of 0.48% Copper Equivalent or 0.76g/t Gold Equivalent, including 316.7m of 0.75% Copper Equivalent or 1.17g/t Gold Equivalent

Pacific Ridge + 38%

PUMA EXPLORATION REPORTS UP TO 371 G/T GOLD IN SURFACE ROCK SAMPLES*
Rimouski, January 27, 2022 – Puma Exploration Inc. (TSXV: PUMA, OTC: PUXPF) (the “Company” or “Puma”) is pleased to report that it has identified additional high-grade gold targets at its Williams Brook Gold Project located in New Brunswick, Atlantic-Canada. A grab sample returned 371.00 g/t Au*, the highest gold-grade reported to date. Today’s results are part of Puma’s Fall 2021 stripping program at the O’Neil Gold Trend (“OGT”), where many new quartz veins were discovered and sampled (see Figure 1). Based on the Company’s previous success drilling high-grade gold areas identified at surface (grab sample* of 240.00 g/t Au returned 5.55 g/t Au over 50.15 m at depth, see Sept. 15, 2021 News Release), this high-grade gold area is the first priority target of Puma’s 2022 10,000 metres drilling program.

IRW-News: Eloro Resources Ltd.: Eloro Resources durchschneidet 239.72 g Ag eq/t (39,58 g Ag/t, 1,04 % Pb, 0,26 % Cu und 0,02 % Sn) über 82.74 m im südlichen Teil des Santa-Barbara-Ziels auf dem Iska-Iska-Silber-Zinn-Polymetallprojekt im Department Potosi, Bolivien

https://www.onvista.de/news/ir…potosi-bolivien-514330389

Siehe oben, aus Versehen doppelt gepostet.

Zitat von Newswire.ca

Coast Copper Makes New Copper-Gold Discovery at Empire: 7.18 g/t Gold and 3.17% Copper over 16.3 m at Raven Bluff Target

https://www.newswire.ca/news-r…uff-target-853739018.html

bei "Coast Copper" bin ich heute eingestiegen

...ebenso bei "Bullion Gold Resources" - mit einer kleinen Position.
Die haben gestern 17 g/t Gold über 9m gemeldet. MK 4 Mio CAD.

Ergänzung zu Pacific Ridge:

"[results] clearly demonstrates that $PEX.V is on to a high-grade porphyry system, one displaying strong similarities to Newcrest's world-class Red Chris deposit. This is perhaps the best quality new porphyry system discovered in BC in years." - Quinton Hennigh

Zitat von chrisw

PUMA EXPLORATION REPORTS UP TO 371 G/T GOLD IN SURFACE ROCK SAMPLES*
Rimouski, January 27, 2022 – Puma Exploration Inc. (TSXV: PUMA, OTC: PUXPF) (the “Company” or “Puma”) is pleased to report that it has identified additional high-grade gold targets at its Williams Brook Gold Project located in New Brunswick, Atlantic-Canada. A grab sample returned 371.00 g/t Au*, the highest gold-grade reported to date. Today’s results are part of Puma’s Fall 2021 stripping program at the O’Neil Gold Trend (“OGT”), where many new quartz veins were discovered and sampled (see Figure 1). Based on the Company’s previous success drilling high-grade gold areas identified at surface (grab sample* of 240.00 g/t Au returned 5.55 g/t Au over 50.15 m at depth, see Sept. 15, 2021 News Release), this high-grade gold area is the first priority target of Puma’s 2022 10,000 metres drilling program.

zur Vervollständigung: Puma mit +16% auf 0,44 CAD...

Grüße
Chris

THH – StrikePoint Gold (SKP.V): Increasing Bang For The Buck With an EV of US$12.7 M

Price we are paying (MCAP): C$21..8 M @ $0.105/share
OK so we know what we are paying for the company and all of its assets in the market today…
What does one get for C$21.8 M (US17.2 M$)?
Higlights:

• 9 standalone projects in BC and Yukon, Canada…
• Flagship #1 – “Willoughby Project”, BC
  
  
  • Drill results include:
    
    
    • 53.21 gpt Au & 211 gpt Ag over 5.5 m
    • 3.00 gpt Au & 13 gpt Ag over 40.0 m
    • 31.75 gpt Au & 21 gpt Au over 2.3 m
    • 7.06 gpt Au & 43 gpt Ag over 12.0 m
    • 72.2 gpt Au & 55 gpt Ag over 1.33 m
    • 26.27 gpt Au & 95 gpt Ag over 4.0 m
• Flagship #2 – “Porter Silver Project”, BC
  
  
  • Historical resource of 12.7 Moz Ag
    
    
    • 11 Moz @ 868 gpt Ag(!)
    • 1.7 Moz @ 595 gpt Ag (!)
  • Assays from maiden drill campaign by StrikePoint Gold is awaited
• Sunk costs:
  
  
  • $17 M spent on exploration and $50 M exploration database
• Cash:
  
  
  • C$5.7 M

That’s an Enterprise Value of C$16.1 M or US$12.7 M) for the company…
Mr Market is currently so depressed and bored that one can buy all StrikePoint’s assets and all potential within said assets for US$13.5 M… Come on man. If this was Q1 of 2016 when SENTIMENT was good, and all assets would have been spun out, I bet the combined Market Caps would be like >$100 M easy. Ps. Those sentiment levels we come again.
… Anyway, can you see why valuations like we currently see in StrikePoint Gold at the moment are ridiculous and unsustainable? If the market is “efficient” and junior companies are “fairly valued” then it would mean that the gold and silver business is almost worthless right now…. And/or if these valuations are correct they are suggesting the gold/silver mining sector is going to go away soon. Yet…
(Via Crescat Capital)
The reality is that gold and silver mines have been more valuable recently than they have been in decades. Furthermore high-grade deposits have an advantage in an environment where energy and input costs are rising. The Porter Silver Project for example happens to have bonanza silver grades and the system might be much larger than the currently known footprint:

What is the current high-grade resource and the risk-adjusted potential for the 2.35 km of strike between the old workings worth? $1 M? $5 M? $10 M? $20 M? More? What’s the 12.7 Moz of high grade- to bonanza grade silver worth? $10 M at least? The EV for the entire company is $US12.7 M and should reflect the intrinsic value of not only Porter but Willoughby and all the other projects. Including this…

Also should reflect the value of work that has been done (sunk costs):
Maybe not a ton of value but everything costs… And the work led to some serious smoke generation which was followed up with:

…And:

And in December the (slow) assays from the 2021 campaign started to trickle out:

[Blockierte Grafik: https://www.thehedgelesshorseman.com/wp-content/uploads/2022/02/SKP-8-1024x578.png]
I have a 99 problems like everyone else but having a hard time finding mind numbingly cheap juniors like StrikePoint Gold ain’t one. In fact this sector is almost boring right now, not because it’s “not been going up in price”, but rather because it is becoming almost impossible to overpay for anything (make a mistake). Risk in my book is overpaying for something that SHOULD go down in PRICE and more importantly STAY DOWN… With that said how do I even make a rational bear case for StrikePoint? Am I guaranteed to get hundreds of percent in return owning StrikePoint? No, but that’s because there are no guarantees. There are only better or worse Risk/Reward cases. Is a lot of success for StrikePoint at ANY project priced in with an Enterprise Value of $US12.7? Is Mr Market pricing in even a shot in hell that any project could become a mine? I don’t think so at least. This sector is just ridiculously cheap right now and one day it will be expensive like in Q1 2016.
Now I am not “all in” on StrikePoint regardless of how no brainer cheap it is. But at these levels I am very happy to have it as part of my well diversified growth focused portfolio. It’s still high risk/high reward like most juniors but fortunately so little in terms of reward is priced in so the Risk/Reward is way better than it “should” be if Mr Market was indeed “efficient”.
Closing Thoughts on StrikePoint And Investing Theory
By now it should be obvious just how much sentiment and flow of funds dictate the pricing environment in this sector. Juniors like StrikePoint are irrationally cheap right now simply because “the herd” don’t want to buy juniors right now for whatever reason. The delays in assay results sector wide has not helped and I would argue a meaningful portion of the current discount is simply du to boredom and that investors now more than ever have little to no patience. The thing is that this will change unless the virus and the lockdowns stay in place forever. I doubt that and therefore I consider my buys over the last several months to be front running this change and that this “patience arbitrage” is boosting the future returns in this sector. How? Well if juniors are say 20% cheaper than they would have been without any assay delays, all else equal, then that 20% discount should lead to an increase in future returns…
Let me explain:
StrikePoint hit a high of $0.325/share during the sector sentiment peak last year…
StrikePoint is currently trading at $0.11/share during this sentiment low…
If there were no sector wide assay delays, which affects StrikePoint as well, then the sentiment might have not gotten THIS bad. So lets say the PRICE would instead be $0.14/share right now if there had been no assay delays (added boredom discount). If we assume that StrikePoint will reach at least $0.325/share at next sentiment high then the future returns from this level ($0.11/share) would be 195%. Now theoretically, If there had been no assay delays and the stock would be trading at for example $0.14/share, then the upside for a buyer would be 132%. In other words I think that investors who are currently buying shares of StrikePoint and other juniors, that are being sold by people who’s motivation for selling is boredom, are getting outsized future returns because they have patience and the common sense to know that things always change… “This too shall pass”. Note that this does not mean that PRICES of these companies can go lower before they inevitably head higher on average.
“To beat your enemy you must understand your enemy”
… If you know why people are selling you also know why you should be buying. If the enemy is making a mistake due to boredom and lack of patience one must be patient in order to take advantage of it. If the enemy is selling because they fear prices might go lower one must realize that regardless if they go lower at first they will inevitably head higher in the future. Seriously have you even read a single forum post about someone selling out because they think the price of a junior is too high right now? No? Of course not. It’s extremely hard to make a bear case for any junior worth its salt right now and people simply sell because “They are not going up”. Guess what, they will, and the more people sell out for emotional reasons the irrationally cheap they become. This sector sentiment we are seeing now is where one sows for a big future harvest. So what if it would would take another year to get a >200% return? The stock market averages 9% per year and 95% of people do not even beat an index over the long term. Think about that.
One of the absolutely best examples of just how much SENTIMENT dictates price levels and opens up the opportunity to front run shifts in sentiment is Bear Creek Mining. Bear Creek Mining has been a “trading sardine” for year with little changes to the company’s fundamentals. The company has a lot of silver and it’s just been sitting there for a decade or so. Therefore the changes in Price naturally have less to do with changes in company fundamentals as compared to most juniors. OK silver was a bit higher a bit more than a year ago but it does not explain the fact that shares of Bear Creek Mining were trading at a level 270% higher than where they are trading currently:
Long story short: We are extremely low sentiment levels. When we get to extremely high sentiment levels again the average junior will go up >200% in price in my opinion. Can they go down more first? Of course. But it would be to even more unsustainable levels and the reversion to the mean might result in future price jumps of >300% instead. We are waaay past the point of selling since the sector is selling at fire sale prices ALREADY in my opinion.
[Blockierte Grafik: https://www.thehedgelesshorseman.com/wp-content/uploads/2022/02/PPT_GT_Map_Strikepoint_darkmode-UPDATED-copy-UNCROPPED-1-scaled-910x1024.jpg]

https://www.thehedgelesshorsem…k-with-an-ev-of-us12-7-m/

stark gekürzt !

Rugby Mining heute mit +35% und mehr als 1 Mio. Umsatz. Dazu folgende Meldung:

Rugby plans April exploration program at Cobrasco

2022-02-07 07:47 ET - News Release

Mr. Yale Simpson reports
RUGBY TO COMMENCE COMPREHENSIVE EXPLORATION PROGRAM AT COBRASCO COPPER PROJECT, COLOMBIA GOVERNMENT PASSES NEW FOREST RESERVE EXTRACTION RESOLUTION
In April, Rugby Mining Ltd. plans to initiate a comprehensive exploration program at Cobrasco, a large-scale undrilled porphyry copper-molybdenum system in western Colombia. Importantly, a community agreement and water permits are in place to proceed with the drilling, which is anticipated to commence in June.
Detailed exploration has recently been facilitated by a Jan. 28, 2022, resolution with respect to the forest reserve extraction process in Colombia. It enables mineral exploration, including drilling, to proceed without going through the onerous forest extraction process, a process that amounted to a land use change even before a project had proven to be viable. In addition, the resolution provides a clearer and better focused process for future forest reserve extractions in areas where the removal of the forest cannot be avoided.

Schöne Übersicht:

https://mayfairgold.ca/wp-cont…air-Gold-Presentation.pdf