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@HighROI Are the treatment charges a reflection of increased concentrate supply or decreasing industry smelter capacity due to shut downs or a bit of both? Is there a direct link to Chinese treatment prices and Zinc price? Would be interesting to see a smelter capacity utilization chart.
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from ~zinc,
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@HighROI I am skeptical that increasing treatment charges foreshadow any decline in Zinc prices. In fact opposite could be true.
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from ~zinc,
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@teevee @highheat, @BDMinefinder, @HighROI P50 almost 500 million barrels, which should ultimately be recoverable. Just a few years ago, that would have driven IKM to the $4-$5 range. How things have changed. If IKM can demonstrate wells in these pools can make money, it is large enough to be of interest to a major or large intermediate company. Best thing IKM could do now is to groom itself to be taken out.
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from #ikm,
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@HighROI People need to learn to include figures / pictures you can actually read in press releases. Blowing up the picture is grainy as F on both my phone and desktop.
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from #tk,
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@poolman @HighROI go to the news release (pdf) at Tinka, if you can view pdf's https://www.tinkaresources.com/assets/docs/nr/tk170608.pdf
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from #tk,
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@HighROI I did but shouldn't have to. Hole 63 and 66 area really interesting.
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from #tk,
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@HighROI Pamps going to be having a good day today. Happy for my guy. He has been buying like a mad man.
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from #tk,
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@Onekey @HighROI Great news! So that makes 5 reactors back online plus 2 good to go.
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from #uranium,
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@wannabeinvestor This is a classic anti-nuclearist sentiment builder (an excerpt from the link provided by @HighROI): 'Japenese citizens remain wary of nuclear power after the devasting Fukushima nuclear disaster.' This sounds as if the devastation was caused by the nuclear plant, not the frigging tsunami. This also ignores that citizens in the only country that has actually experienced a nuclear assault are bound to be wary of anything related to radiation. And not only that, they have been served radioactive fish caught near the atols in South Pacific which were used as nuclear bomb testing grounds by the UK, France and the US. Surely they are wary on anything nuclear.
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from #uranium,
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@HighROI The operating mine / discovery ratio in the Basin is a low number despite the outrageous comparable grades globally. Few discoveries are viable mines in the basin. If you have been following @ocotilloredux everything except Arrow and Millenium (including spitfire) amongst the many discoveries are not worth the time or money. NXE trades at a premium to peers in the basin but not enough IMO given those other discoveries are essentially stranded discoveries for the foreseeable future.
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from #nxe,
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@ocotilloredux @HighROI As a mining guy, this relative valuation on a per pound in the ground annoys me to no end. This is an outgrowth of the analysts in N.A. having a geology background whereas in Australia the analysts are mining engineers with finance (CFA, MBA) and can sort out the dud deposits upfront.
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from #nxe,
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@HighROI Any thoughts on EDF calling loan from PDN? Looks like could be end of road for what little remains of any equity in $PDN. Is this related to CNNC claims on 75% equity of PDN and EDF forcing a bankruptcy now resulting in better "preservation" of capital before any change in ownership in arbitration?
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from #nxe,
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@ocotilloredux @HighROI I still should write a book about this whole industry. Ken Seitz and I were not even willing to put a bid in for the entire Paladin at 11 cents a share before their 100:1 plus dilution. 
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from #nxe,
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@HighROI You should @ocotillredux why not?
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from #nxe,
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@HighROI @Teevee I am reading they are planning to IPO Kazataprom itself not just the marketing desk in Switzerland.
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from #nxe,
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@pinnsvin @HighROI @Teevee Having watched the video in @Benedict 's link (https://ceo.ca/nxe?d39a0a20b3fc - just before the 17 minute mark), As the speaker (Mike Alkin) puts it to the audience, Saudi Arabia controls 13% of the world's oil production giving them outsized influence in the market place. Kazakhstan controls 40% of the world's uranium. For Kazatomprom to lure investors there needs to be a value proposition and I think they're trying to create it at just the right time. I think it's quite likely Kazatomprom is thinking to use their Swiss marketing arm to boost spot prices going into their IPO (Q3 2018). From what I've read, late 2018 leads into the period where utilities begin contracting again. I suspect the IPO was timed to coincide with this contracting period.
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from #nxe,
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@HighROI Possible they may already have an assay for Z fold or Zone 3.
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from #vtt,
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@teevee @HighROI, thanks for clarification. I was under the impression that Kazatomprom was obligated under Kazakstan statutes that they must sell all uranumium when produced. If it is Kazatomprom that is going to IPO, then I suppose the laws governing u production and sales in Kazakstan will be changed to accomodate Kazatomprom's future marketing dep't out of Switzerland.
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from @teevee,
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@engineer @HighROI my thoughts exactly. Everyone is so panicked. Why sell at $.75 when placement at $.81.
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from #cdb,
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@HighROI @Engineer I have no opinion not a shareholder. Just passing along info
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from #cdb,
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@HighROI @Vaughan drop the hammer. There is a difference between being unbearably annoying with no purpose in life and having countering thoughtful views.
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from #tk,
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@soulMiner @HighROI Clearly now purposefully misleading with blatant evidence.
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from #tk,
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@Vaughan Hammer has been dropped @HighROI. And again its not because he is bearish, or "concerned", but purposeful deceit on the board (I'm out! I'm in!Im Long Im Short, Im left, Imm right, etc etc)
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from #tk,
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@HighROI @Vaughn Thanks. I don't envy your job. It was clear to me your instincts picked up on this clown some time ago. Losing 10 suspected clowns a day would be less of a loss than losing @pamplonatrader and @criticalinvestors chats to a private room.
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from #tk,
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@HighROI Even if there is a bit of book talking everyone here I think is smart enough to take some statements in stride.
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from #tk,
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@Vaughan @HighROI, we try to let things go as long as possible and give people the benefit of the doubt. Not looking to censor anyone, not even the overly stupid. But once people get caught like a kid with his hand in the cookie jar, and still deny it...
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from #tk,
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@HighROI I would be holding my CGP shares between now and Sept. Newcrest although subject to change of control provisions sure seem to be ring fencing Cascabel with 15% and anti-dilution rights. With the TSX approval review June 21 and Aguinaga drilling (conveniently deferred?) until August (a hit would make CGPs carried interest that much more valuable) the next few months should be interesting.
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from #cgp,
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@HighROI No
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from #vtt,
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@HighROI Solgold would be halted if they were taking over.
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from #cgp,
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@HighROI CGP shares have value because of carried interest / Solgold shares have value because they are the requirement for control of Cascabel. Wondering out loud but if Warren got pitched for his stake and perhaps facilitating a package deal for a major to acquire. A 15% carried interest in project and a large block of Solgold shares representing 5% of issues Solgold shares would give another major who may have a 9.9% stake equal footing with Newcrest on Solgold and the consolation prize of 15% interest locked.
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from #cgp,
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@HighROI Huge liquidity risk for Rosseau to be making this move. There must be a plan already in action and to me anyways seems too risky for someone with their massive shares to count on a Solgold takeover when they have publicly stated their negative views of Management. Solgold probably wants to consolidate Cascabel but how can Rosseau make such a risky move when you don't trust Solgold management in first place? My original thought was this move was creating an entry vehicle for a major to have equal footing with Newcrest.
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from #cgp,
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@teevee @HighROI, $CPG another risk is that cpg could simply just sell their interest in Cascabel. They are a prospect generator, and as such, less keen on being taken over, and more keen on capitalizing the asset, and then being well financed to go out and do more of the same.
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from #cgp,
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@HighROI Those 2 50k Haywood bids look phoney to me. They keep getting moved down when price goes down. Enough out of reach to look like support but whoever is placing them is not looking to get filled.
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from #fwz,
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@HighROI There was a 50k bid at .75 the other day. I am assuming it is same bid now at .71. Just something to keep an eye on.
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from #fwz,
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@ylr @Bobbysmaky, I am not the one loosing money over $NDM, $NAK and $CRH ;) I am about to tag you #LowRoi but that would be an offense to @HighROI. BTW @HighROI I respect you :) /cc @bobbynakselrod
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from @bobbynakselrod,
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@ylr @bobbysmaky I have been drawging such lines on NXE for a long time and bulls like you called me crazy. Now look at them crying going long. /cc @bobbynakselrod #lowroi
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@HighROI @Goldfinger BFS or PFS? Just to confirm because impression anyone following for last while was a prefeasibility study in 2018.
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from #nxe,
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@Goldfinger Haywood says BFS @HighROI
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from #nxe,
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@HighROI Thanks something for me to follow up on and confirm with NXE.
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from #nxe,
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@HighROI It will be PFS not BFS. Confirmed with NXE so misprint by Haywood.
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from #nxe,
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@teevee @HighROI, $NXE can't sink a shaft without a tailings disposal site and a water treatment plant and pond.
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from #index,
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@Goldfinger @HighROI Good one, I did pull a double-take when I read BFS. Trust but verify.
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from #nxe,
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@HighROI @Goldfinger thanks
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from #nxe,
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@HighROI @Teevee there is a good read with Rio Tinto's advanced exploration proposal on shaft sinking on page 36. http://publications.gov.sk.ca/documents/66/95813-RRAd%20Ex%20Tech%20Proposal%20Final.pdf
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from #nxe,
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@HighROI Surprisingly from time of submission for review to start of construction is only 1 3/4 of a year on page 13.
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from #nxe,
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@HighROI As several knowledgeable posters here have commented including @BDMinefinder and @Bernardshaw Majors don't like you messing around putting in a shaft.
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from #nxe,
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@teevee @HighROI, great document to help guage $NXE's news on shaft sinking if and when it comes.
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from @teevee,