Sunday, 29 March 2020

Gold Genius Club, Can Copper Survive The End Of The World And "In Gold We Trust" Navigation Maps From Incrementum.



I would like to share with you today very interesting conversations that I had during our TNR Gold PDAC 2020 on the Web and with McEwen Mining Shareowners the last couple of days. The crystallised ideas should be close to those who are following us here for a while. I am not a doctor by any stretch of imaginations. I can only gather and analyse the information available to me from very well informed sources which are public, but you have to read quite a lot and in different languages on different frequencies. Hopefully, those who are following our discussions here, read the warnings in January and can be feeling safer and better now in general. As you already know, I do not know what to do in the case of the end of the world. And I am very sad to observe the ongoing human tragedy and plain stupidity which is amplifying it. It knows no borders and it does not distinguish among classes - as it looks to be a very common brain infectious disease shared among Florida beaches partygoers, some London party leaders and even both parties members residing in Washington DC.





We are building TNR Gold, not for the end of the world. Wash your hands and God bless you and the NHS. We are not building TNR Gold to worry about Gold at $500 or Copper at $2/lb. We are building The Green Energy Metals Royalty and Gold Company to be ready for Gold at $2,000 and Copper at $4/lb. I do believe that Rob McEwen is doing a similar thing, but even better with his Midas Touch. Follow all medical advice, avoid crowds in life in general and in this investment Universe particularly and hedge your investments in Companies like TNR Gold outside of this generational opportunity.





I am building it to deliver results when fundamentals are here and, finally, everybody who was buying Gold at $1,000 look like geniuses. Welcome to the Gold Genius Club. We all can be super smart and talk forever that Gold should be now at $5,000 or $10,000 - you can pick the number. It is important to be here in this club when it is moving from $1,000 to $1,600 and further up





It requires a lot of hard work to build and crystallise the value, to create The Story, to make it visible for Pros, to get it noticed by the right people before it will be apparent to everyone.  We are not there yet. It still can be the unique entry point, the unbelievable generational opportunity or it can be just my lithium-induced Dream.




Do your own research and decide, please. I will be happy to accept any of your judgements. You have to travel your own journey. If you already joined, thank you - I will always tell you what I am doing next. Stay tuned.





Shotgun Gold is keeping me busy and busy is very good. Gold has confirmed its status as The Ultimate Hedge, "paper market" is finally blowing up and there are reports from all over the world about physical shortages. Gold is moving up.  Donlin Gold is moving forward. Fully permitted and even more, small print - legal challenges for the Federal Permit granted in 2019 were dismissed as Nova Gold reported in January.




The number one question of whether you can build a giant mine for sustainable responsible mining utilising all industry best practices on the US soil and provide thousands of well-paying jobs for the proud people of the great state of Alaska is being answered by the Pros from Nova Gold and Barrick Gold JV.




The second question: how much more Gold can we have at Shogun Gold and can it be economical with Gold price at $1,000, $1,300, $1,500 or $2,000 is being under development in our brave partnership between yours truly and FED (they do not acknowledge it - "It is not QE") who is pushing hard the printing press to help us with the economics after further resource development. Why Gold can be moving finally higher despite all manipulations in this world? The Team from Incrementum is providing the best answer in their latest presentation. Enjoy.


As you are well aware, I have a very brave thesis that we all will be much better off if I will be keeping dilution in TNR Gold to the absolute minimum. And if I will find the best Strategic Partner for Shotgun Gold among major gold mining companies to grow together on the fertile US soil in the Donlin Gold Mining Camp in Alaska. I would like to drill it like swiss cheese and let the Pros find all Gold in those hills that we have already found and defined our multiple targets to increase the known NI 43-101 inferred resource. We have to make one best deal, not 10. This is what we are doing now with Gold.




Coming back to Rob McEwen and his Midas Touch. In our brave dream about Copper coming back to $3/lb to feed Tesla Energy rEVolution, anybody buying giant Copper projects like Los Azules now will be forming their own Copper Genius Club. Project is ready to go further into PEA stage benefitting from the support of both Argentina and Chile.




Some people have more capital and know how to work in Argentina better than others. JV on Los Azules will be the major catalyst for McEwen Mining and TNR Gold NSR Royalty Holding on the entire deposit. Rob is ready now for a very interesting deal: $100 million upfront payment and 25% carry into production. We have discussed Barrick Gold's ambitions in their search for Strategic Copper and even established the strategic partnership with a Chinese company to develop Gold and Copper in Argentina including Pascua Lama.





Pascua Lama is on hold at the moment and became a very expensive piece of landscaping exercise for Barrick. Nobody knows the future, but all this situation deserves your very close attention. Any positive move along these lines can become The Catalyst potentially crystallising multiples in valuations in some cases. Los Azules can open for Barrick another chapter of genius moves and keep them working on Pascua Lama options later down the road. They are already well presented in San Juan, Argentina with all their might.




Another very interesting situation is brewing and can be the source of my lithium-induced dreams. We have discussed our Royalty Holding on Mariana Lithium JV with Ganfeng Lithium developing it as the Operator. We will address it in the nearest future.

"Kirill Klip, Executive Chairman of the Company commented, “We are very pleased to see this more than 250% increase in measured and indicated resources from the 2017 resource estimate at Mariana and that Ganfeng Lithium is advancing this project in Argentina towards further updated PEA and pre-feasibility studies. The Mariana Project preliminary economic assessment (“PEA”), as announced in our news release of January 28, 2019, was the first PEA on the project that provided a potential value for the total NSR Royalty from Mariana’s life of mine cashflow. TNR Gold does not have to contribute any capital for development of Mariana and our NSR Royalty does not depend on the size of ILC’s potentially diluted ownership in the Mariana Project. The 1.8% Mariana NSR Royalty is an important part of TNR Gold’s portfolio. The essence of our business model is to have industry leaders like Ganfeng Lithium as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”




Answering the last most important question, Robots are not ready yet unless we all missed the AI roll out together with Algos frontrunning us all together with some super smart people in the high offices. So Copper will hardly survive the end of the world yet. In all other circumstances, you are more than welcome to study all information provided on the links here and, please, do not hesitate to request your personal video update with me on Skype. Stay safe, stay at home and read. God bless all of us and the NHS.





Powered By Gold And Tesla Energy rEVolution: Why Green Energy Metals? Why Royalties? And Why TNR Gold?


Thank you.

Thank you for coming back to me here. Today I would like to thank all our shareholders and followers who are supporting our GEM Royalty TNR Gold Team. These very talented people are working very hard to make our dreams happen. The future is here, not everybody can see it yet, but megatrends are manifesting themselves. The Switch. Tesla Energy rEVolution. The recalibration of the global financial system and Gold - as the ultimate hedge for these uncertain times. 




Our Story.

It is time to tell you our Story about TNR Gold today in a more concise way. This is my personal story, I am putting my money where my mouth is, but you will have to find your winners. You will have to travel on your journey. I am just sharing my travel notes with you in my diary. I am glad if you can share the beautiful scenery with me. Join. You will learn new things. And I am ready as well. Fasten your seatbelt and, please, always make your own due diligence and consult a qualified financial adviser before any investment decision... 




This is why I believe that TNR Gold provides the truly unique entry point to participate in the Tesla Energy rEVolution and Gold. This is why I am investing in TNR. This is why we are building with our GEM Royalty Team The Green Energy Metals Royalty and Gold Company. 

Join Energy rEVolution and Gold - follow TNR Gold. 







Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.



Saturday, 28 March 2020

Gold Has Confirmed Its Status As The Ultimate Hedge In The Uncertain Times: The Best Gold Stocks Are On The Launchpads.




These are the two most important charts for us now. As we have discussed before, Gold has confirmed its status as the ultimate hedge in the uncertain times and the best Gold mining companies will be the wealth generators. "Larry Kudlow's $6 Trillion dollars PUT" is lifting spirits and the markets which were looking into the abyss this month. 




FED has demonstrated its ability not only to manipulate the Gold market with their friends from BIS Club but to destroy the stubborn US Dollar at will when they really want it. USD is pushed well below 100 now, signalling that the flood of liquidity is making its way backstopping the black holes in the financial universe. As you remember,  USD was acting as a shooting star during the Double Black Monday Crash 2020 threatening to become a supernova eruption and literally to tear apart the time and space of the global financial universe.  





The most important for us is that "Whatever It Takes" and "Unlimited Liquidity" are taking shape with numbers: FED's balance sheet is over $5.25 Trillion dollars now and "Stimulus Package" is finally approved at $2.2 Trillion. Let's all hope that at least some of this money will finally find its way to those who really need it now. 


Chart by Northstar


Northstar is producing new brilliant maps for the inspirational navigation of the stormy waters and now Gold should start really moving up reflecting the enthusiasm of the printing presses. Let's just pause and allow it to sink in: FED balance sheet increased by the unprecedented $1.1 Trillion dollars from $4.18 T on February 14, 2020, to $5.25 T on March 27, 2020 - in less than two months! Now it is already higher than $4.5 T - the previous high reached in January 2015. 


Chart by Northstar


Very talented Nicholas Winton was providing his very sharp assessments for the critical turning points during these very volatile days and now he has a new map for our morning motivation meditations in the boardroom at TNR Gold. I would like to welcome all our new Shareholders who are joining us these days. I would like to thank all our Shareholders who are supporting our Company during the sunny and rainy days. 


Chart by HedgehogTrader


And on your behalf, I would like to thank all our very talented GEM Royalty Team at TNR Gold for all their very hard work these days. We are moving forward powered by Gold and rEVolution. Below you can find more links for your own research in order to make your due diligence not to miss this generational opportunity to start your own journey.  




And even the most difficult journey on our long road towards building The Green Energy Metals Royalty and Gold Company can become very pleasant when such mining investment legends like Frank Holmes are paying his kind attention to our Company.  





Alastair Ford: "TNR Gold Has Huge Potential Upside At The Shotgun Gold Project, Plus Significant Potential Cashflow From Two Sizeable Royalties."






"The Company's strategy with the Shotgun Gold Project is to attract a partnership with one of the major gold mining companies. TNR Gold ("TNR") is actively introducing the project to interested parties," commented Kirill Klip, Executive Chairman of TNR. "We may be at the beginning of a great discovery. There is a clear path on how to move this project forward using the geological and geophysical research currently available to target drilling to expand the resource and form the basis of a preliminary economic analysis. The next step is to acquire a partner that shares our vision and recognizes the growth potential and value to be added to the Shotgun project over time."





Proactive:

TNR Gold has huge potential upside at the Shotgun gold project, plus significant potential cashflow from two sizeable royalties



"TNR could have millions of ounces of gold at Shotgun 

Could it be that TNR Gold Corp (CVE:TNR) has happened on the perfect model for junior resources companies?
Some years ago TNR made two discoveries in Argentina that were significant enough to attract in major companies who are now moving them to development.
For its part, TNR retained a royalty on each of these projects, the Los Azules copper project and the Mariana lithium project, and now stands to make a tidy annual sum when these projects go into production.
They’re not there yet, but one analyst reckons that the Los Azules royalty could generate around US$3.5mln per year, while the Mariana lithium project could generate upwards of US$1mln.
Recent updates from Mariana may add to that projection too, since the new resource estimate, compiled by Ganfeng, rings in at 4.41mln tonnes of lithium carbonate equivalent, an increase of 250% on the old number. A preliminary economic estimate completed last year gave the first indication of a potential value for the royalty.
Either way, it all adds up to the potential for a healthy income for the company to fall back on, given that it’s still primarily an exploration company.
And, given the attractiveness of the third string to TNR’s bow – the Shotgun Gold project in Alaska, the company is still very definitely an exploration company.
Indeed, according to Kirill Klip, the company’s chief executive, the main focus of effort over the coming months is likely to be on moving Shotgun forward to the point where a major company moves in and begins to help with development work there.
So, is this the same model that proved so successful with Los Azules and Mariana?
Not quite. This time round, with two potentially cash generative royalties in its back pocket, TNR is in a slightly stronger position. Klip’s aspiration this time round is for TNR to retain a much larger stake. The near-term goals are simple enough.
“We need to bring US$10mln in to drill the project very strongly,” says Klip.
“The first US$5mln to take the project from the current 700,000 ounce resource up to the two million ounce mark, the rest to drill out five nearby targets. There’s no reason to suppose that our ground cannot hold multiple mineralised systems.”
At Shotgun the thinking is that there may be upwards of five million ounces of gold in the ground, and there is precedent. At this stage the geology shows remarkable similarity to the 39mln ounce Donlin gold project in southern Alaska, which is owned jointly by Novagold Resources Inc (TSE:NG) and Barrick Gold (NYSE:GOLD).
“We are talking about a high tonnage bulk system,” says Klip. “There are no nuggets, it’s very uniform.”
Among the notable intercepts the company has 242 metres grading 1.25 grams gold per tonne, 209 metres at 1.02 grams, and just under 47 metres at 1.14 grams.
What’s more, the gold that’s been identified thus far sits at the top of a ridge, meaning that the stripping ratio for any mine will be low, which in turn will keep costs down.
So far, so good. The company is now raising a modest amount of money, with Klip coming in for a substantial portion of that, and at a premium.
The next step is to refine the drill targets, and then to go out into the market and see what kind of deal can be cut.
As it stands, the market is taking a fairly dim view of the company’s prospects, valuing the whole package, royalties and Shotgun at just under C$5mln.
Arguably, that’s low for a company that holds a lithium royalty from Ganfeng, one of the biggest lithium names in the business, a copper royalty from McEwen Mining, also a major name, and which may also be sitting on a five million ounce gold project.
The upside is clear. Indeed, Novagold sees it well enough, since it retains a significant stake in TNR, and former Novagold director Greg Johnson now sits on the TNR board. How long it will take the rest of the market to wake up remains to be seen.
Nonetheless Klip is confident that this is a company that’s going places.
“We are not dreamers,” he says. “We did it with the copper. We did it with the lithium. I would like to make it even bigger with the gold. I would like to do better, to keep a 25% stake.”
It’s a vision for growth that makes a lot of sense. In tough markets, where capital is scarce, this kind of approach may well end up being a model that others choose to follow too."


Please read carefully all legal disclaimers. Please note that all opinions expressed in the article, apart from the direct quotes, belong to the author of the article Alastair Ford. Please read carefully all disclaimers on Proactive website. There is no investment advice in any of Kirill Klip's blog posts and on any of his social media feeds. Always consult the qualified financial adviser before any investment decision.







Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.




Monday, 23 March 2020

FED Goes All-in With Unlimited QE: Gold Flies - The Best Gold Stocks To Follow.



FED goes all-in, Gold jumps to $1,540 and the best gold stocks are following already. 




Our brave scientific thesis is getting more and more confirmations every day. 




How To Navigate The Crash in The Age Of Algos, ETFs And Digital Copycats: Gold Is The Ultimate Hedge - The Best Gold Companies Are The Wealth Generators.




"After this very tough week, it is more important than ever to have the Big Picture in front of you and separate the main messages from the Panic Market Noise. We are on the same level as before. We are all set. There is NO margin. "The market is NOT going to ZERO." Trillions of dollars are being printed."



"POTUS is printing money and buying Oil to create inflation and support the shale oil industry. Very important - interest payments on student loans are waved. "Free CoronaVirus tests, and paid leave for our impacted American workers", and expand of food stamps program are being agreed by POTUS and House Speaker in the US in the major "The Families First Coronavirus Response Act." Read more. 



Gold Has Confirmed Its Status As The Ultimate Hedge In The Uncertain Times During Double Black Monday 2020.





To all our Crew

"Everybody Hurts". My heart goes to ALL. Thank you for encouragement, follow and all your support. Stay Strong. Do your part #StaySafeStayHome. Help others, share the best knowledge and learn. We can make it. We know.



We had another very challenging and brutal week for all in the markets. I would like to thank all our Shareholders for your support. And on your behalf, I would like to thank our very talented GEM Royalty Team at TNR Gold who are working hard to make our dreams happen. We are welcoming today our new Shareholders who have decided to start their own journey with us. Nobody knows the future, please always do your own research. Read more.



Smart money knows what real investment means. It means owning the business by owning the shares of the Company. Invest like Warren Buffett, who is proven to be right and sober again with his huge cash position. Nobody knows the future. I can only share with you what I am doing. 




I am going "Warren Buffett" in Gold. Buying a business and building it. No Margin. I will be back monitoring The Big Picture For Gold and TNR Gold place in this generational opportunity. Join us. Follow TNR Gold.




"...The upside is clear. Indeed, Novagold sees it well enough, since it retains a significant stake in TNR, and former Novagold director Greg Johnson now sits on the TNR board. How long it will take the rest of the market to wake up remains to be seen. 
Nonetheless Klip is confident that this is a company that’s going places. 
“We are not dreamers,” he says. “We did it with the copper. We did it with the lithium. I would like to make it even bigger with the gold. I would like to do better, to keep a 25% stake.” 
It’s a vision for growth that makes a lot of sense. In tough markets, where capital is scarce, this kind of approach may well end up being a model that others choose to follow too." 





Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.




Saturday, 21 March 2020

Gold Has Confirmed Its Status As The Ultimate Hedge In The Uncertain Times During Double Black Monday 2020.




To all our Crew

"Everybody Hurts". My heart goes to ALL. Thank you for encouragement, follow and all your support. Stay Strong. Do your part #StaySafeStayHome. Help others, share the best knowledge and learn. We can make it. We know.




We had another very challenging and brutal week for all in the markets. I would like to thank all our Shareholders for your support. And on your behalf, I would like to thank our very talented GEM Royalty Team at TNR Gold who are working hard to make our dreams happen. We are welcoming today our new Shareholders who have decided to start their own journey with us. Nobody knows the future, please always do your own research.




I will always share with you my very personal opinion about what is going to be next and how we are getting ready for it with our Company. The most important message is that Gold has confirmed its status as The Ultimate Hedge in the uncertain times during Double Black Monday 2020 and now we can dive into more charts and details. 





On Friday Gold jumped from its chair at $1,515 during the Asian trading day, walked around the boardroom table and took the Chairman's place. "Whatever It Takes". The first wave of forced selling covering Margin Calls was over. CNBC screen on the wall was counting Trillions in QE, bailouts and Stimulus packages of all sorts. 


Chart by @TaviCosta


I can provide only non-scientific, but spiritual comment on this brilliant chart from Otavio Costa. The fabric of the Financial Universe was torn apart. US Dollar was the shooting star and could become the Supernova erupting and literally tearing apart our time and space.




FED and all Central Banks were facing 2008 all over again compressed in just 3 weeks in March 2020. US Dollar was skyrocketing reflecting the sadden rush for dollar liquidity among the major operators in sovereign and corporate debt. There are reports that first liquidity injections actually bailed out a couple of major hedge funds first. Now we can better understand "Repo Apocalypse" in the Fall of 2019. FED and BIS have unleashed all their water cannons: "Whatever It Takes" and "Unlimited Liquidity". US Dollar was cooled down by the flood of QE for now.





As we have discussed, all my brave thoughts and investment thesis are based on the FED's ability to print Trillions of dollars and flood the system in order to save it from a total collapse. Nobody knows the future, but they are trying super hard now. The major real known unknown, the virus, remains the major external shock for the totally unprepared "developed economies", particularly when efforts are spearheaded by politically "Fair and Balanced" WHO.




Criminally slow introductions of testing on the massive scale provide the first indications of the real spread of virus infections across countries and provide another evidence that the level of stupidity in some very high offices can really exceed even the human's limits as species. Have we all missed AI deployment together with permitted frontrunning for some super-smart politicians and Algos with High-Frequency Trading? Markets are discounting the brave faith in the human ingenuity and reflecting the widespread damage.


Chart by @jsblokland


VIX at 103 intraday high on March 18, 2020 (repeating its spike to the similar super extreme level on October 18, 2008) screamed not just fear, but total panic and expectations that The Global Financial System will collapse. Non-scientific, but in spirit: it will not. We will have enormous harm and hardship, but we have non-traditional bullets deployed globally now.




All Central Banks are printing Trillions of the new dollars and other currencies and buying all types of assets starting with US Treasuries and other government bonds and moving along the Exter's Pyramid to municipal bonds, corporate bonds, stocks (like BOJ and SNB), futures and Oil.




The money will be sent directly to households. We can expect a lot of rumours about vaccines at the critical junctures for the market.






It does not mean that the bear market is over and stock will not go lower, but it is very important to cut the daily noise and listen to the stars. "Bond King" Gundlach: "Gold is going to make a new all-time high in US Dollars" and "For the first time in years I am now not short any U.S. stocks." 





We have signs of extreme stress everywhere. Jeffrey Gundlach has been warning about Junk Bond Bubble for years. 




Central Banks unleashed their water cannons and flooding with QE the global financial system preventing it from total collapse. As Holger has noted: "ECB lanched its own bazooka dubbed Pandemic Emergency Purchase Programme, PEPP. At least Eurozone bond markets cheer. Italy's 10y yields drop by 105 bps to 1.32, risk spread over Germany to 172 bps."


Chart by @Schuldensuehner


All this enormous flood of liquidity is finding its way to our safe harbour as well. Tide is lifting all boats. While some people are still questioning the Gold's status as The Ultimate Hedge in the US, everybody in the UK is quite certain about it already.


Chart by @Northst18363337


Gold is hitting all-time highs this year in a lot of currencies already and the UK is a very good illustration of what is coming next to the US. 


Chart by @RonStoeferle


Adrian has provided us with a very good big picture for Gold. The extreme spike in volatility in 2008 marked the bottom for the Gold price during GFC and Gold has never looked back after that.


Chart by @highlevelTrader


And this brilliant chart presented by Holger provides another illustration of what we can expect from Gold in this bear market for the general equities.


Chart by @Schuldensuehner


All those people who survived the Double Black Monday 2020 Crash and the following weeks will be looking for value now. All governments are working over the clock this weekend in order to provide the backstops for all operators in the financial system and stimulate the economy in order to avoid Depression 2020. There is news already about bailouts measures for the industries in the UK, Germany and the U.S. which will include taking stakes in the companies. "Larry Kudlow coronavirus relief package worth more than  2 Trillion dollars" - as reported by CNBC.   




Otavio Costa provides us with his brilliant charts to work further on our brave investment thesis: Gold Is The Ultimate Hedge and The Best Gold Companies Will Be The Generators Of Wealth.




Smart money knows what real investment means. It means owning the business by owning the shares of the Company. Invest like Warren Buffett, who is proven to be right and sober again with his huge cash position. Nobody knows the future. I can only share with you what I am doing.




I am going "Warren Buffett" in Gold. Buying a business and building it. No Margin. I will be back monitoring The Big Picture For Gold and TNR Gold place in this generational opportunity. Join us. Follow TNR Gold.




"...The upside is clear. Indeed, Novagold sees it well enough, since it retains a significant stake in TNR, and former Novagold director Greg Johnson now sits on the TNR board. How long it will take the rest of the market to wake up remains to be seen. 
Nonetheless Klip is confident that this is a company that’s going places. 
“We are not dreamers,” he says. “We did it with the copper. We did it with the lithium. I would like to make it even bigger with the gold. I would like to do better, to keep a 25% stake.” 
It’s a vision for growth that makes a lot of sense. In tough markets, where capital is scarce, this kind of approach may well end up being a model that others choose to follow too."





Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 
Do Your Own Research.