@0kib 0 online
Members of @0kib
Moderators
Members
click to invite
@0Kib I don't see the 1.5m share seller from yesterday on the Ask today. I guess he would come back when there are better volumes.
0
from #erd,
click to invite
@0Kib Kyle Bass has been predicting doom for China and Japan for a while
5
from #index,
click to invite
@0Kib People forget that Chinese save 50% of their incomes. Aggregate Chinese savings per year is almost equal to the rest of the world put together. The credit problem is an internal credit problem, like it is in Japan (also a net creditor, trade surplus country). It's not external credit like the 1997 crisis that affected SEA. That makes a big difference as internal credit issues can be managed through administrative control, which Chinese politburo clearly has, as does Shinzo Abe in Japan, given that he controls both houses now.
4
from #index,
click to invite
@0Kib Valuation matters it's not just about the drill results. The recent drilling has mostly been infill not stepout so it is unlikely to drive major resource upgrades. Too many just obsessively focus on drill results while completely ignoring the market value relative to the resource size. The latter matters.
3
from #cdb,
click to invite
anonymous @0KIb How big is your short pos LOL
1
from #cdb,
click to invite
@0Kib Shorting is a mugs game. I don't short.
1
from #cdb,
click to invite
@0Kib Just very illiquid $SA. Accumulating so difficult
0
from #sa,
click to invite
@fb $NZC.AX land package permit covers 350,000 hectares (3,500sq km), huge discovery potential. And the fact that this is an open pit deposit with all the existing infrastructure. The quality clean copper concentrates (300,000 ton high grade copper, not Cu equivalent mix with gold) always find home even if it is in #DRC. @0Kib
0
from #index,
click to invite
@0Kib Unless #DRC goes for a big slide, this stock is the least of my worries @fb Quality asset, great management, good shareholders, good balance sheet, great neighbors, great valuation $NZC.AX
0
click to invite
@0Kib Price anchoring vs value anchoring
0
from #cdb,
click to invite
@0Kib Whoever that was will have to wait for NR day to find adequate liquidity
0
from #erd,
click to invite
@0Kib I'm glad yours are pure genius @clawbongo
1
from #cdb,
click to invite
@0Kib lol you ride the wind and I will ride what works for me genius @clawbongo
0
from #cdb,
click to invite
@clawbongo whaddya think @0Kib? 10 cents? is that "value" for you?
0
from #cdb,
click to invite
@0Kib Genius @clawbongo I calculated 71c fair value; and that's where I'm at on this. $CDB
0
click to invite
@0Kib Well said @cbr
1
from #cdb,
click to invite
@clawbongo is that based on your calculation of Alacran's current inferred resource?
0
click to invite
@0Kib See the calculation - it is based on double the current resource, and gives 20% additional for unexplored prospects and 20% for RF @clawbongo
0
click to invite
@0Kib Bought a few scraps today but barely any sell volumes $SA
0
from #sa,
click to invite
@0Kib Competing with $SA's share buyback bids makes it all the more difficult.
0
from #sa,
click to invite
@0Kib Averaging down works if the risk is time in an investment, not price. When you average down something very expensive, you are still effectively buying something expensive. In situations where failure rate can be very high (as in Juniors) averaging down as a strategy should be done only after careful consideration. Below 70c, the sentiment fluff in $CDB would have been largely gone and so throughout 60s would be good levels to accumulate.
5
from #cdb,
click to invite
@0Kib Very interesting. There was a 5m share block that crossed via Paradigm yesterday at a price of 1.13 (volumes shown on CEO are incorrect).Guessing that was our seller unless it was an internal cross. Wonder who this is? Only Teck & John Byrne have such a large shareholding.Any idea @jameskwantes?
0
from #erd,
click to invite
@2pac Sandstorm has over 5m shares as well or maybe they had over 5m. They may be selling ERD shares to buy their own shares. They only spent 2.5 m for those shares and a 2 NSR. So they would be my guess as being the seller, who was the buyer? $ERD $SSL @0kib
0
from #index,
click to invite
@0Kib Hmm...it's not $SSL @2pac. They had a 18 month lock in when they got those shares back in April 2016. The earliest they can sell those would be around 22 Oct 2017.
0
from #erd,
click to invite
@0Kib Yeah that's one of the draws here. 20m FD shares plus good sized buybacks. Pretty soon there won't be much float left to trade.
1
from #sa,
click to invite
@0Kib It could work as a pair trade. Go long an equivalent $ amount of cryptos while shorting GBTC. That way, you essentially lock in the 100% unjustified premium to NAV. Unwind the pair trade when the discount has narrowed sufficiently.
0
from #index,
click to invite
@wannabeinvestor exactly @0Kib
0
from #index,
click to invite
@0Kib I think they want to reach Tabbys star. Stratosphere is like just a few Kms out
0
from #index,
click to invite
@0Kib I'm sure bitcoin is being used to launder large amounts of money out of China since it can't be easily monitored. Chinese government has tightened most other exit routes
1
from #index,
click to invite
@wannabeinvestor @0Kib, in fact Chinese authorities put bitcon under increased scrutiny to limit money laundering just recently. not sure what does that mean exaclty, but they are clearly monitoring this.
0
from #index,
click to invite
@barracuda @wannabeinvestor It means the Chinese gov't indirectly gave the good housekeep seal of approval to BTC
0
click to invite
@0Kib Nothing as far as I remember. It was sort of an insurance premium paid to ensure greater alignment of interests with the govt
1
from #ivn,
click to invite
@0Kib Probably close to or at the bottom now. If you believe in luck as $CDB CEO does, you will be waiting for Hole 63 to return the wondrous (albeit narrow) 4 Kg/t that Hole 36 returned in about a months time when we get assays.
0
from #cdb,
click to invite
@0Kib 0.1% success rate....how can you not have #luck when investing in junior exploration?
0
from #cdb,
click to invite
@0Kib the seller's still there but hiding behind 20K lot size on consecutive pips to not scare off the buyers.
0
from #erd,
click to invite
@0Kib Nothing so peculiar about gold rising but miners fading. A LOT more money flows into physical gold through central bank and macro funds activities than probably does into miners. MT/LT both miners and gold will correlate just not necessarily in ST.
1
from #index,
click to invite
@0Kib Do you know he used to sell drugs during college, was even convicted but those records were later expunged? From there to here....
0
from #cdb,
click to invite
@tumbleweed @0Kib who cares and what does that have to do with $CDB or his success in mining? last time I checked this wasn't the 'what mistakes have you made in your life' ethics community bulletin.
3
from #cdb,
click to invite
@0Kib @tumbleweed I was quoting a piece of history, nothing more.
1
from #cdb,
click to invite
@tumbleweed no place here @0Kib
1
from #cdb,
click to invite
@0Kib It is good to know the people you are investing with. There are plenty of scams he has been involved with in 80s and 90s. And if you don't know those, you better brush up your history
1
from #cdb,
click to invite
@Andrew @0Kib Then why may I ask are you here on the $CDB channel?
1
from #cdb,
click to invite
@0Kib Does it say anywhere it is forbidden to do your homework and due diligence? @Andrew or do you just like investing with eyes closed?
0
from #cdb,
click to invite
@0Kib Before those...
0
from #cdb,
click to invite
@0Kib go and read up @tumbleweed
0
from #cdb,
click to invite
@0Kib gems from the sea off the coast of africa...
2
from #cdb,
click to invite
@0Kib The same Steve Jobs got disillusioned with him and left RF's Apple orchard and then said this "Robert walks a very fine line between being a charismatic leader and a con man"
0
from #cdb,
click to invite
@0Kib @Paul In many mining juniors you are bound to find some element of pump, given the thin volumes and tendency of the herd to follow a few famous opinions. This may be a weakness in the market or it may be a strength, just depends on you - if you can think for yourself and do your own homework - then you can wait to act at an appropriate time rather than take security in the middle of the herd.
5
from #cdb,