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@MiningBookGuy @mme - when i made my $MOD.AX video, one of the few weaknesses I mentioned was the bloated share structure. While typical for the ASX, I know there are many investors who are really turned off by it. I'm not worried about it, but I'm hoping they do a share consolidation soon, and hopefully a TSX listing soon after that. Besides that, my biggest concern right now is just getting the drilling going again. They are still waiting on some T3 assays and there's A LOT of other stuff going on (this new NR has some nice details). But the drills won't be turning again until July at the earliest, because of some weird environmental permitting issues (which were a non-issue with all the drilling last year, and somewhat explained in this NR). Anyway, it's NOT a huge concern, but it has delayed the wider exploration efforts, and I just hope H2 2017 all of this will get back on track. $MOD.AX remains one of my top picks for sure.
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@mme @MiningBookGuy did see the video and you mentioning the share structure and being typical for asx. Gonna contemplate this one some more thanks for all the sharing!!
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@MiningBookGuy $ACA.L Acacia Mining share price plummets after eagerly awaited report alleges firm hid exports http://www.cityam.com/265352/acacia-mining-share-price-plummets-after-eagerly-awaited ~AUfrica #index $ACA.L absolutely hammered today! Interesting how no one has mentioned this yet. Terrible 'news' for the company, not good for #Tanzania either.
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from ~aufrica,
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@JamesKwantes Crazy @MiningBookGuy, looks like #Tanzania "one of those" African countries. People looking at companies there that appear undervalued should keep it in mind
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@FundamentalAnalysis @MiningBookGuy Oh wow even worse, I saw it this morning UK time on top of the ftse 250 loosers board.....gone from -15% to -almost 30% LOL ~AUfrica
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@Jayfire *New segment, recorded yesterday* Should you buy bitcoin or ethereum in 2017? @MiningBookGuy and @TheNextBigRush https://www.youtube.com/watch?v=Cipo5PiJ2qE+
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@FundamentalAnalysis $ACA.L hammered again down 11%..... see @MiningBookGuy I was paying attention :p
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from ~aufrica,
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@BrianBitcoinBull The haters on the Technology don't own any and will fail to tell you what Segwit is or what Proof of Stake is, etc. Its a joke ppl like @jayfire and @miningbookguy have something to say when they have no clue what they are talking about. FORGET THE PRICE COME AT ME WITH THE FACTS!!! I AM ON RECORD SAYING BUY ETHEREUM BETWEEN $6-$10. WHERE IS EVERYONE ELSE BACK THEN WHEN I WAS BASICALLY TALKING TO MYSELF???? 
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from #bitcoin,
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@FundamentalAnalysis @BrianBitcoinBull I dont think @Jayfire or @miningbookguy are haters, its more that they think the space has risen to quickly especially Ethereum so pullback is likely. They made a general case albeit like many including myself don't really know the ins and outs of what alt currencies are really about. My argument would be you cannot have a system where you have many many alt currencies rising forever rapidly (unless you actually believe fiat currencies worldwide are dying as quickly ), some altcoins will possibly be just pure crap and will become close to worthless. I even know of someone via someone else who was starting up a new alt coin - I cannot see how that can be any form of value, thats like saying tokens for games online has value. An Altcoin can only have value if it has the potential to become an alternative currency for transactional use, backed by confidence and ideally limited supply otherwise it has no real value. I don't know anything about Ethereum, but heard supply can increase which is worrying maybe you can educate us on why ethereum is a worthy altcoin. I have noticed for a while Bitcoin is gaining traction and have seen many companies/people actually accept bitcoin as a currency. I see that as aspect as a game changer, and strengthens the case should it continue. #mbgtrends
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from #bitcoin,
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@MiningBookGuy @Jayfire @HHorseman - yes, thoughtful post from @jayfire, and I'll highlight his last sentence because I really liked it...goes way beyond crypto-currencies! :P "LOL, I swear when it comes to investing/speculating if you're not a 100% bull on something, the diehards are just gonna wanna come after you like you're attacking their first born or something..." #mbgtrends
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@MiningBookGuy @JamesKwantes - just finished my first pass on your epic $LUC article, well done! Just a few 'essential' questions for now: What was the candy that you had to remove from your mouth as you were transitioning in/out of the Lucara diamond showroom? Did you get to finish it off? Or did they confiscate it? @jameskwantes/lucara-site-visit-worlds-largest-diamond-a-gem-of-a-mine
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@MiningBookGuy @kjm - really? it was entertaining enough. matthew mcconaughey was good. not the worst movie ever by any means, but i agree with the general disappointment
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@JamesKwantes Thanks @MiningBookGuy! From eye candy to sweets -- as I recall it was a Werther's, took it from a jar in the lobby of the showroom area. :) On the security front, I think $LUC and probably all the other diamond companies in Botswana hire extensively from ex-military. One of my safari guides who lives in the area was a former soldier (anti-poaching); he applied at Karowe but was deployed at the time they tried to contact him for an interview. Good jobs @jameskwantes/lucara-site-visit-worlds-largest-diamond-a-gem-of-a-mine #Botswana
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@MiningBookGuy @JamesKwantes - ah, thanks for the further insights and mentioning it was a Werther! Haven't had one of those in a while...maybe it could have been hollowed out to fit a decent sized diamond in there :P
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@JamesKwantes As I was being searched @MiningBookGuy it did make me wonder about the high rollers who come through for the Exceptional Stone Tenders -- royal families etc -- and the level of searching they are subjected to. Bit of a fine line to walk there for $LUC #nobodycavitysearches
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@MiningBookGuy @kjm - absolutely. I've watched #TheBigShort multiple times, great balance of entertainment/education
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@MiningBookGuy @Alan RE: https://ceo.ca/mbgtrends?d1af13dd5825 - I'm trying to catch up on some posts. Thanks for this one! I've seen a few of these...but the one I really want to see is "The Solitary Billionaire" on John Paul Getty. Unfortunately, it seems I need to be based in the UK to access it, at least via the bbc site (too lazy to search other methods right now) What did you think of this one? This is possibly the only documentary ever created on the man. I didn't even realize it existed, and hope I can watch it at some point. #Getty #TheSolitaryBillionaire #mbgtrends
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@bullmarketmove @Alan @MiningBookGuy I managed to watch #TheSolitaryBillionaire and like you I didn't even know it exsisted. It's worth watching if you can. For me what comes across the most is that the 'game' of building businesses is what #Getty is all about. The interviewer keeps asking about all his money and why doesn't he just stop, and #Getty replies with something along the lines of 'if I sold everything, what would I buy next?' Reminds me of a lot of successful investors who love the game more than the wealth it creates (although the wealth does help).
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@MiningBookGuy @tommy RE: https://ceo.ca/index?3f7575e9bdda - great thoughts in this article. it's why I love reading stuff from #NeilHowe on #Generations. #TheFourthTurning #Risk
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@MiningBookGuy FRIEDMAN: US Attack on North Korea is Imminent https://www.youtube.com/watch?v=FpQx7sxKv-I+ #NorthKorea #GeorgeFriedman interviewed by @JonathanRoth at #SIC2017. Friedman rarely makes these short-term predictions. Worth listening to, as he has made some outlandish calls over the years, some that have come true. #geopolitics
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@MiningBookGuy @bullmarketmove - thanks for your thoughts on #TheSolitaryBillionaire! Now I REALLY need to watch it, this is right up my alley! :) #Getty #mbgtrends
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from #mbgtrends,
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@JamesKwantes Re #NorthKorea -- sadly it rings true, @MiningBookGuy. I'm sure Trump would like to go to war against #Iran but they're too strong (too much of a match). Reminds me of the run-up to the second Iraq war -- replace "WMD" with "nuclear weapons" and it's the same playbook #geopolitics
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@bullmarketmove I knew you'd like it @MiningBookGuy :) And some parts are quite funny because he comes across as a very normal old man, like a friendly grandfather, which I'm sure is a bit of an act for the camera. #mbgtrends
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@Alan @bullmarketmove @miningbookguy just had a load of ceo.ca emails come through. Spent the last hour catching up. #bitcoin seemed to be the hot topic! #getty is a legend in that documentary. I remember watching it late one evening after searching for 'money' in the documentary section on BBC Iplayer. My wife was totally bored. Oh @miningbookguy you should be able to hide your IP address and access it. I remember him being very to the point with little 'chit-chat'. Clearly a man that sticks by his principles and loves to save the pennies - even though he was a very very rich man. I loved his book #howtoberich.
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@bullmarketmove Hey @Alan #howtoberich is an excellent book, I'm sure @MiningBookGuy will do a review of that one day #MiningBookGuyTV
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@MiningBookGuy @BruceWayne - i still own some $AU. But have to say it's really hard for me to recommend it to anyone who doesn't have a deep technical expertise. It really does feel pie-in-the-sky right now, knowing that there are so many other plays out there with a ~100M market cap or less with a TON of drill results. Are you thinking it could still double or triple from here JUST on some spectacular drill results from Risti?
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from #index,
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@BruceWayne @MiningBookGuy - That's exactly what I think. It's definitely not cheap right now, and everything hangs on those first drill results out of Risti. Making it extra risky, is that the deposit style they're targeting (lode gold) likely has very erratic grade distribution - could be 1 g/t or 100 g/t within metres of each other. They won't get a good sense of it until many holes have been drilled. The old "Drill for structure drift for grade" adage. That being said, I think they've got the goods, and the valuation is appropriate for their situation. $AU
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@MiningBookGuy @BruceWayne - thanks for your opinion on $AU. I would never be able to buy new shares at these levels for $AU based on relative valuations with others. But I think I have to hold my remaining shares just in case 'the big score' pans out with Risti. Takeover potential and $BTO connection are very interesting, but not the value drivers here IMO
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@MiningBookGuy btw, I'm not sure if $AU low was 0.02 or 0.025 CAD in the last few years. But either way, it's very close to a 100-bagger at these levels. Can anyone think of other TSXV 100-baggers in the last 10 years or so (I guess off the bottom in 2009)? I'm curious about this, and maybe $AU really has been the biggest winner (not including private placements, just from market buying) in this timeframe on the exchange. #HundredBaggers #TSXV
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anonymous @MiningBookGuy $AU neighbour $RUP.
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@MiningBookGuy @anonymous - thanks, I think $RUP low was 0.02 CAD? so not quite as impressive for total move. but I hadn't thought of that one, and of course it's interesting being a neighbor to $AU, also in #Finland.
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@MiningBookGuy @lukejackson - i wasn't even paying attention to this $NVO conversation at first. But honestly, $NVO and $AU have a lot in common with "the street loves a story they don't fully understand". good comment.
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@MiningBookGuy @lukejackson - early-80s $FNV sounded pretty fun to me... but I do generally agree with you on this. I can't remember how it was structured, and maybe it was quite different back then. but any 'exciting' royalty company still has 'discovery' at it's core.
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@MiningBookGuy @FundamentalAnalysis - $ACA.L up a bit today as they try to 'hit back' at #Tanzania allegations: http://www.acaciamining.com/~/media/Files/A/Acacia/press-release/2017/update-on-presidential-committee-report_20170526.pdf Still very complicated/dangerous situation, and interesting to follow. ~AUfrica
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@MiningBookGuy Exclusive: Signs of more trouble in Ivory Coast as hidden hand saves mutineers http://www.reuters.com/article/us-ivorycoast-military-exclusive-idUSKBN18L2HP #IvoryCoast #mutiny #cocoa ~AUfrica interesting details here. speculation on 'what it means' for the future...but very hard to tell if this impacts foreign investment over the next few years. i will continue to follow closely
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@Jayfire *Now back to regularly scheduled programming* Stock Picks in Australia @TheNextBigRush @MiningBookGuy https://www.youtube.com/watch?v=iRffi5Sza0M+
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from #mbgtrends,
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@Newton To earlier conversation of #royalty companies being boring with @lukejackson and @miningBookGuy, I have to ask about $emx. They seem to get up to some exciting adventures that aren't just discovery-driven. Eg. Their project in Russia
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BrianBitcoinBull @MiningBookGuy and @JayFire especially Thanks for the shout out in the blog. As everyone on here likes to talk about viability of any project as resource sector with any due diligence would do. If I went on every thread screaming such and such was in bubble bubble bubble. You all would harass me about not looking at the project, etc. I ask the same thing and have made very valid points. I feel bad for the Gold Bugs who have been married to their paradigm for years and called #Bitcoin Shitcoin, etc. Good for you. You are playing Monday morning QB. Where where you all $5-10 dollars on #Ethereum saying it was a buy, then publicly stating I'm up over 800% I am taking a free ride and I did it early and was wrong on that level. But I tell the Truth. Play Monday Morning QB all you want. I already won. I wish it was Gold and Uranium stocks as its a much higher % of my net worth when we started. But opportunity knocks and sometime you just say I need some skin in the game and it pays off handsomely. I 100% agree with the buy low sell high aspect. Problem is what is high and low with crypto? Everyone when it goes up says they are waiting for a pullback! As Rick Rule says buy what people hate. That is what I did at $285 with BTC in 2015 when I wrote my Masters Thesis on FINTech. I brought Bitcoin to everyone and they told me I was an idiot and it was "dead". Yes I get emotional as anyone would about being called an idiot over and over again when I have been right again and again. And be sure under $1300 I will be backing up the truck once again.
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from #ethereum,
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BrianBitcoinBull @MiningBookGuy Let me know when you have bought your First Crypto. Much like Mining stocks when you take the time to learn about it, its ohh shit moment and the light bulb goes off in your brain.
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@MiningBookGuy @BrianBitcoinBull - ok i will let you know when i do
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BrianBitcoinBull Sooner than later my man. Get some crappy coin and call me an idiot all you want just play with it!! Just don't live in a box and be married to a paradigm!
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@MiningBookGuy I'm not living in a box and I'm not married to a paradigm. No use arguing over that...I won't respond to further comments on that level
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BrianBitcoinBull To each their own. No room for ego my man. The scoreboard says what's real. From my perspective no point wasting time on ppl married to their paradigm. Best of luck!!
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@bullmarketmove Hi everyone, i've just posted my new video 'What I've learned from Rick Rule' https://ceo.ca/@bullmarketmove/the-next-bull-market-move-analysis-what-ive-learned-from-rick-rule I go through a few points of what I’ve learned from my interviews with Rick. @MiningBookGuy @Jayfire @Alan @Excelsior @fundamentalAnalysis #RickRule #TheNextBullMarketMove #Uranium @Tommy
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from #mbgtrends,