RE:RE:Opportunities..A serious question SM1. After flirting with the dark side for a few weeks Serious is something hard for me to do lol
Focus Waffles!
Alright so Penny Stock got it!
Let me start here first. I've been Trying to organize Physical Metals in a way that I can Trade similarly to Stocks, unfortunately it hasn't been an easy road. Over the last 2 weeks I've made a half a dozen calls, even my bullion dealer buddy isn't seeing any of what I'm looking for and I know he has access to some serious players, Unfortunately for me PALLADIUM is working out as a very challenging trade, 2 full weeks and I still can't find someone to take my trade, Silver for Palladium. Palladium down 1/3 yet you can hardly find some, STINKY FISHY!
Actually if anyone here wants to trade their Palladium for Silver, LET ME KNOW!
So at the moment I would suggest Palladium But good luck finding it. If you like RATIOS as much as I do you will see that The Gold and Palladium RATIO HIGH over 1 year >.90, so Selling some Gold for Palladium seems sensible. Now Palladium to Silver RATIO is about 85 at 80 you're at yearly 1 and 2 year LOWS.
Now as I'm trying to trade Physical I've been digging over the last few months in between playing with LACKEYS and trying to find a stock alternative to holding Physical. Wow, super interesting on a few fronts. My goal was to try and locate ALL Physical Palladium and Platinum available via stocks/trust so no producers/explorers.
Ever work on something only to find after some research you actually know NOTHING? Well this was one of them.
First for Palladium I use PALL. You wanted a Penny stock so this one trades at about $240 CAD per Share lol At the moment the flip in RATIO IS CONCERNING Short Term so I am Using PALL as a hedge against my current portfolio.
Very Little Palladium is available, to be honest with you the Palladium Market has made me feel at home. As a deep value contrarian the last few years have been a little confusing being ALWAYS the guy out of popular opinions only to find myself surrounded by family, friends and the media all looking at metals. Strange days indeed.
Sprott has one as well. I love using Sprott anytime I can but this time it just doesn't work. The problem is SPPP has Palladium, yes, 39K oz but ALSO has 49K oz of Platinum so the fund is 39% Platinum and 61% Palladium as of this Friday. If I wanted both and the trade warranted doing both then SPPP is my first choice BUT I much rather a very specific trade and would LOVE if SPROTT at some time might SEPARATE the 2 metals.
Is that too much to ask? Please ERIC? 1 Platinum Fund and 1 Palladium Fund? and while you're at it is it too much to ask for a Rhodium Fund?
So my First pick at the moment is PALL.
Next, Platinum.
Man, this one really confuses me. Let me just shoot some things off the top of my head.
So at this point in time I don't feel like I have the FULL picture so some of this might not be entirely accurate but it is what it looks like to me at the moment.
Platinum is 30 times more scarce than Gold. Really?
GOLD reserves approx 200K Tonnes Platinum 69K Tonnes.
30 Times more rare but reserves put it at 200/69=2.9
Is this simply because it's only been about 100 years since we've been able to melt Platinum? OR could Platinum's future still be in the FUTURE? I say that with this in mind. The Green Energy Plan, Impossible to pull off currently (too large to discuss here) but the point is in my mind if their lofty ideas are to be successful someones REALLY going to have to think outside the box and try to SQUEEZE a BORDEN out of a LOONIE! And you say a Benjamin! :) HA!
Without getting into it isn't it funny the planet needs us to protect it from us? LOL Kinda like when the WORLD needed Hank Paulson! you might find that one funny if you get it. BOOM!
NEXT, South Africa holds 63Ktonnes of the 69K Platinum Reserves.
LOL I laugh here but really I'm not laughing. This part is a little,actually a lot frintning.
So the US is going to SAVE the PLANET and one of the strategic metals needed is Platinum and South Africa has it. What could go wrong? Add that other place the US decided to leave that holds many of the rare earths also. If you're speculating , could a wealth transfer also apply to once POOR countries? JIMMY, you better order a few more DRONES!
I then tried to find any TRUSTS that held Platinum and how much did they hold in total. More Surprises.
Sprott SPPP 49K oz
GLTR has 40K oz but holds other METALS.
This was from last week.
PHYSICAL_METAL_ETF
GLTR
OZ VALUE WEIGHTING
GOLD 299,549.70 $527,596,894 52%
PALLADIUM 59,861.82 $114,096,623 11%
PLATINUM 39,862.77 $38,734,655 4%
SILVER 10,990,324.30 $247,996,668 24%
Total $928,424,839
CURRENT_MCAP $1,020,000,000
DISCOUNT -9.0%
If you're trying to target Platinum this isn't the one. Again personally speaking I like my metals separate so I can get a direct trade
Now comes the CRAZY.
So I only found 3 FUNDS with direct Platinum exposure.
PPLT
PLTM
PGM
PGM
This is from the iPath Series. 5.2M MCAP. Now that's small, that's what she said! Also it's an ETN, Exchange traded Note so if you like PAPER this ones for you! No thank you, not for me besides others do hold Platinum.
PPLT and PLTM.
Am I the only one who looks at VAULT AUDITS? This part seems so off to me that someone PLEASE point out WHERE I'm WRANG, I have to be.
PPLT MCAP is about 1.3B they HOLD 29,148.66OZ
Do you see it? No? OK, let's keep going. NEXT
PLTM MCAP 37M HOLDS 32,221oz
NOW do you see it? If you don't in one sec you're going to feel like I did, LIKE A FOOL.
If you BUY
PLTM you're paying about $1163.21 per OZ
PPLT you're paying $46,657.38 per OZ
Our Premium today for PPLT is 5,089.92% !!!!!! And you were complaining about a $8 premium on SILVER LOL Serious, what is wrong with the world. I know, I know It's me.
SOMEONE TELL ME THIS IS WRONG BECAUSE I'M LOSING MY MIND!
WTF, if this is right people buy this $hit?
Won't be touching PPLT that's for sure.
And out of 69K Tons of Platinum so far I've found about 120K oz so again WHERE IS IT!
Bring it home Waffles!
I'm trying but for the last 6 Months I have been breathing and Living PM RATIOS. I have so much information running through me I feel like my heads going to explode and I like it! lol
And I started to think to myself, what a waste it is to have Physical Metals do nothing and could I find a way to trade them. 2 things, after writing endless algo's to chop through 20 years worth or RATIOS I was able to work out a short-mid term strategy. Tried my first trade about 3 weeks ago, Sold Silver for Platinum at a RATIO of 40 then sold 44. It did touch 45 but it's moving back down. so 40 to 44 who cares right? 1000oz now 1100oz. Wait, it gets better. In CAN you can sell $1000 a day for metals tax free. If you're creative enough, what an opportunity. My Bullion buddy doesn't see this type of trading although I suspect he might be trading along my side lol
Why is PALLADIUM TAXED?
Like I said I don't have all the answers. But I think Palladium and Platinum are a great way to hedge.
What was the question again? Oh ya right, penny stocks. lol
As I was thinking about it I started to think about a slightly different approach.
The idea was, If I was to use AMK as my CONSTANT does my watch list have positions that could compliment and be somewhat of a hedge with AMK. Hedge is the right term but with a slight twist.
AMK strength and weakness.
28M oz
but
Low Grade
That's super simple so let's push it out. And for perspective, $14.41 per oz at .75g/t
Ok
Hedge, low grade so can you find high grade >1 for $14.41OZ. DING DING DING, winner!
CCM.TO
ON the Watch I don't own it but it is interesting. I created my own database for all related Reserves information. It's a huge pain in the LACKEY because unlike most other data where I can simply write a script and scrape data NOT so easy to do with Reserves and so all this has to be manually updated. I say this because although I believe this information to be accurate, always double check because this data can be prone to manual error especially when I'm JACKED on MAPLE SYRUP! GOBBLE GOBBLE !
So why CCM.TO
One thing is it's trading at $14.55 per OZ. Same Price as AMK. Where's the Hedge you say?
2.1M oz Reserves, Hey AMK's got 28M but CCM.TO has an avg grade of 7.89 (check this, soo high what are you GPG.V? Anyone else here catch this Rocket when it ran? TO THE NOON! ) with 2 properties. and a MCAP of 31M 1.4NAV At $100 Price Per OZ you get a $3 SP. Also I have Reserves 100% GOLD. AMK is 93% GOLD. And it's an exploration play that HAS GOLD. They're not trying to find it, Now it's how much.
I have a buy target on CCM.TO at $.45 but have no intention to buy at the moment.
Now this one I like but I wouldn't necessarily PAIR it up to AMK unless you did a 50/50 or 30/70 type split but I thought you should see this. I did own it but I sold it by August end at 33.
SPA.V
7.5M oz Reserves, AMK at 5.2M so LARGER but GRADE is not as bad as SEA lol at .58g/t.
You get this for HALF AMK lol at $7.40 per OZ Has 0.6 NAV 98% GOLD
I have a Target of $.23 Thank got I didn't pull the trigger now it's $.17
Talking out loud, SPA is interesting. Bigger than AMK but Smaller than TC. Even LOWER grade so if your take is much higher gold prices are to come and will make these deposits current or close to unviable but if correct these could offer EXCESSIVE leverage, BOTH WAYS!
Interesting.
KORE
Never owned, just been watching it for a few years and if you haven't chatted with Scott, do it. I was going to buy it before the gold run but at the time the stock in my account couldn't be traded. Anyways
4.8M oz same grade a SPA .59g/t NAV 1.9 cost per OZ $9.32 KORE or SPA? lol big diff between 7 and 9
Let me toss this one in before because some of you mentioned it.
BBB.V
Owned it sold last Oct at 25
This one I did a TON of work on, reading EVERYTHING one their Site with all 43-101. There is a lot here to digest and honestly that takes away from it. Their Nevada deal was nice to see, they just have so much LAND. For now I will remain on the sidelines. I asked them when I last spoke with them that it would be nice if they would expand their Scotch namingThemes to Include a Bourbon. So once they announce a new Discovery in their Pappy Deposit I'll be buying it! LOL yet that might not happen because on that same call when the stock was maybe 30 and was asked what I thought it would be priced at, I said 18 cents lol Turns out I was wrong on that one too! lol
1.2M oz Reserves 40% Gold 60% SILVER, YUMMY! grade 2.07 g/t for $20.41 per OZ
They are much cheaper plays at the moment.
Now let me throw a wrench into this. One area that I have seen a MASSIVE decrease in SP/cost per OZ are NEAR PRODUCERS. Although I sold AGC.V I crushed this one and I LOVE management. This is a uniquely special team. but that aside
UGD.V
If you've been following holy $hit what a dissastor. And also let me mention how MUCH of a DISASTER this one has been. This ones down like a Tyson opponent, and I LIKE IT :) Be Warned Be Careful.
2.3M OZ REserves 97/3 G/S Grade 1.46g/t price per OZ $6.73
Seriously? Honestly, either this is the deal of a lifetime or I'm going STRAIGHT TO ZERO!
Worst case if I'm Wrong. UBI !!!!!! LMAO RISK FREE!!!!
I like to buy In TRANCHES and thank god I do. This one looked really good in the mid 20's boy was I wrong. Thankfully it dropped SO FAST I didn't get many in the 20's. Now it's 10 cents! NACHO TACO SLAP ME WITH WAFFLES!
Want A SILVER "Comparable"?
Not quite but worth mentioning.
KTN.V
Own this one.
2.4M OZ grade WTF zero. Missing data lol
Cost of $23.52 per OZ and Oh Ya, SPINOUT Coming! I've got a 23 Target on this one. WRONG AGAIN! lol
OK last one. I know you want this to be over!
STNG.V
Well Holy Molly look who decided to make an appearance in my BUY list this week!
If you buy this you're an IDIOT. Current MCAP 6M 1.5M TUD shares on the book, DOPE SCRATCH make that 1.6M Shares lol at $2 per Share TUD Shares alone are worth 3.2M of that MASSIVE 6M MCAP. I don't care what Anyone says, under 30 is not sustainable. My Target is 15. Targets are only references and are spit out using my own Algo.
Is it 100K? Does some of the stuff I've been saying about SPOOKING STNG as a play for more TUD shares still seem far-fetched? lol
Is this enough or should I go on!
:)