Thursday 26 November 2020

Gold In The USA, Alaskan Elephant Country: Kirill Klip GEM Royalty TNR Gold Presentation November 2020


"We extend our congratulations to TNR Gold shareholder NovaGold and their Donlin Gold JV partner Barrick Gold. JV partners of Donlin Gold have announced solid results from the largest drilling campaign since 2008 on the project. On the back of this news, it is time for us to discuss our own relationship with developing Donlin Gold Mining Camp and my own personal vision of how Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil. 


Dr Tim Baker

How is this relevant, what is the relationship between Donlin and Shotgun Gold? My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin. 



I am the largest shareholder of TNR Gold with 25% stake on a partially diluted basis, so my personal visions must be followed by your own research, including reading all legal disclaimers. There is no investment advice on my blog or any social media feeds and you should always consult a qualified investment adviser before making any investment decisions." 






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.





Wednesday 25 November 2020

TNR Gold Los Azules Copper Royalty Holding: MMT Edition - Copper Breaks $3.30 As DOW Prints 30,000 And Tesla Goes Ludicrous Mode At $500B Market Cap.


Charts are wonderful. Charts are very powerful. One picture can tell more than a thousand words. And it is very convenient to mascarade your own stupidity in silence. I have been declined this simple luxury here. All my super-smart, brave and equally stupid thoughts are put here on record. Even worse - I am putting my own money where my mouth is. Today we will briefly address the major philosophical topic of human stupidity and investment paradox of the low prices.


We never really judge a seller when we can buy a flat-screen TV at a deep discount. In the investment realm, the same physical manifestation of a lower price can bring the investors unbearable pain of inability to make a clear decision whether it is an opportunity or a curse. And by all means, it can be both. Your ability to make this distinction and your discipline to follow your own decision will define your success. 

Chart by @Schuldensuehner

Now I do not have to explain to you a lot about the rEVolution and the future for electric cars. We have EVs bubble in the making already. When Gold was crossing $2,000, all Robinhood crowd was more than happy to chase it higher. But then Joe Rogan talked about aliens and Gold during his mushroom trips, we had our new Gold all-time high at $2,078 in August and the same people were selling Gold in horror the last couple of days. 

Chart by ZeroHedge

As usual, only you can make the right decision for you. Is it the value trap and this particular company will experience its "Kodak moment"? Or if all fundamentals are better, the investment thesis is the same, maybe ruthless Mr Market is just busy separating the brave Robinhood crowd and their money in other places?  Maybe Mr Market provides his Time Machine opportunity for us here again?

Chart by @Schuldensuehner
    
Now with Copper price crossing $3.30, Taca Taca Copper Royalty deal seems to be very interesting. With Copper price at $4.00, buyers will be considered as very smart investors, with Copper price at $5.00 - they will be considered as geniuses. 


Last spring some people joined our Gold Geniuses Club. Now Mr Market’s Time Machine provides some tickets on Black Friday sale for our appropriately socially distanced Rock concert celebrating the opening of the Copper Genuises Club. AC/DC and Metallica are on the menu all the way up to "50 cents". 


One very smart person put it brilliantly: “I have been waiting for this buying opportunity for a long time and now I am wondering whether this low will hold”. As always do your own research and stay safe. You know where to get the tickets, please do not hesitate to ask. I am buying the whole front row again and links below can help to explain to you why. Best and stay safe.

Chart by NorthStar


TNR Gold Los Azules Copper Royalty Holding - Rob McEwen: “We’re Currently Thinking Of Spinning It Out... And Fund That To Push It Forward To A Feasibility Study.”





Powered By Tesla Energy rEVolution: TNR Gold Los Azules Copper NSR Royalty Holding With McEwen Mining Presentation.



"TNR Gold receives a very good valuation benchmark for our Royalty Holding on the entire giant Los Azules Copper Project which is being developed by the legendary Rob McEwen. All our long-term followers remember that McEwen Mining was stating in their news releases that "Taca Taca serves as a good proxy for the value of Los Azules".

McEwen Mining Chairman, Chief Owner and CEO Rob McEwen said: "With First Quantum acquiring Lumina Copper and their Taca Taca project, Los Azules moves to the forefront in terms of world-class, undeveloped, high-grade copper assets not owned by a major mining company. As we have said in the past, Taca Taca serves as a good proxy for the value of Los Azules and we believe this transaction demonstrates value in projects located in Argentina." 

Now deal by Nova Royalty provides all our devoted followers with more information to crunch the numbers and arrive at their own conclusions about the potential valuations for TNR Gold. Below you can find more information for your own research.



Nova Royalty pays for 0.24% of NSR Royalty on Taca Taca USD$12.75 million, TNR Gold holds 0.36% NSR Royalty on the entire giant Los Azules Copper project.

"Nova Royalty Corp. said on Thursday that it has struck royalty purchase agreements with private parties to acquire an existing 0.24% net smelter return (NSR) royalty on First Quantum Minerals Ltd’s Taca Taca copper-gold-molybdenum project, in Argentina for around US$12.75 million in a cash-and-stock deal."





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.




Friday 20 November 2020

TNR Shotgun Gold In "The Alaskan Elephant Country": "Saudi Arabia's Sovereign Wealth Fund Bought 13 Million Shares Of NovaGold Resources"


To wake up investors all our love for Gold as The Ultimate Hedge and Alaska with its giant Gold projects in "The Alaskan Elephant Country" must be confirmed ideally by serious people who are putting serious money. Now we have both and you can enjoy your own research as usual. Reuters reports that Saudi Arabia Wealth Fund bought 13 million shares of TNR Gold's shareholder NovaGold. Giant Donlin Gold project is getting more and more attention. 

"Reuters: The latest filing showed that PIF sold some stocks, including Berkshire Hathaway, Canadian Natural Resources CNQ.TO and Cisco Systems CSCO.O in the third quarter, and bought 13 million shares of Novagold Resources NG.TO."

Barrick Gold and NovaGold are striking Gold again in the largest drilling program at Donlin from 2008 and they like what they see. Below you can find more information why I personally believe that the Donlin Gold project can grow into one of the largest in the world 50 million-plus oz Au resources Mining Camp on the US soil. And how TNR Gold's Shotgun Gold Project can potentially grow into one of the satellite Gold deposits which may benefit greatly from all the infrastructure of the Donlin Gold Mining Camp.



I am investing in our Company again and you are welcome to follow, learn more and join us, please do not hesitate to contact me personally. Do your own research, as usual, stay safe and enjoy the journey!




TNR Shotgun Gold Project In "The Alaskan Elephant Country". Dr Tim Baker: "Major Porphyry Gold Deposits".



We extend our congratulations to TNR Gold shareholder NovaGold and their Donlin Gold JV partner Barrick Gold. JV partners of Donlin Gold have announced solid results from the largest drilling campaign since 2008 on the project. On the back of this news, it is time for us to discuss our own relationship with developing Donlin Gold Mining Camp and my own personal vision of how Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil. 

Dr Tim Baker

How is this relevant, what is the relationship between Donlin and Shotgun Gold? My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin. 



I am the largest shareholder of TNR Gold with 25% stake on a partially diluted basis, so my personal visions must be followed by your own research, including reading all legal disclaimers. There is no investment advice on my blog or any social media feeds and you should always consult a qualified investment adviser before making any investment decisions. 


Dr Tim Baker

All visions, all great paths forward should be supported by solid science and Dr Tim Baker provides us today with sober scientific observations from his studies about the "Major Porphyry Intrusion-Related Gold Deposits" in the world. What follows is my attempt to translate the high-level geological and geochemical data collected by Dr Baker after studying for many years "Major Porphyry Granite Related Gold Deposits" in the world including Shotgun Gold into a few digestible ideas. 


Dr Tim Baker

How are these "Elephants" - the giant porphyry Gold deposits - formed? Where should you look for these "Elephants"? And why a found "trunk of an Elephant" which snakes up all the way to the surface in Alaska, can leave many geologists awake at night at the right time of the Gold Cycle? 



Stubbornly rising Gold prices are great seasoning for great projects nestled in safe, ready to grow mining jurisdictions like Alaska. Rising Gold price is what allows us, after all this time, finally move from the preparation stage and into action. Shotgun Gold Project is already part of academic research and scientific papers, now we are moving forward with our strategy to make its development the part of Gold industry studies to unlock its full potential. 



Our preparations are set for this golden opportunity. We have the academic research and inferred resource has been already defined in produced Shotgun Gold NI 43-101 Technical Report. Gold Bull market finally brought us a favourable environment in which Eric Sprott doubles his "mental valuations" from $50 to $100 per oz Au in the ground. Barrick Gold warns of supply crisis and calls for consolidation, while VanEck International Investors Fund calls gold mining stocks "undervalued based on the statistical norm of share prices to cash flow … at a time when producers are on their best financial footing in recent history".



We all remember the very brave super-smart short-sellers that were so worried about losing a lot of money in this Gold Bull market that they produced a company-killer report about NovaGold which made many other investors worry about Donlin Gold, especially in regards to its economic viability and Barrick Gold's plans for this JV project with NovaGold. Thomas Kaplan came out with all guns blazing, sued the super-smart FUD producers and made the best move which can happen in the mining industry. Amid worldwide pandemic, NovaGold Donlin Gold Team conducted 23,400m in 85 holes of the largest since 2008 drilling campaign on the project.


NovaGold NR October 26, 2020.


CEO Mark Bristow has confirmed that Donlin Gold is a key project for Barrick Gold. Now the project will grow further, updated model and a new resource estimation are expected. Drilling intersections are spectacular with high-grade sections of 4.17m grading 80.6 g/t Gold starting at 123.48 drilled depth, including a subinterval of 3.15m grading 106.2 g/t gold starting at 124.5m drilled depth. Drill hole DC20-1872 was drilled to the depth of 632.8m and Gold mineralisation intersection of 6m was found from 603.23m to 609.23m grading 2.33 g/t. Now you can better understand why I am talking about the potential development of Donlin Gold project into 50 million-plus oz Au resources to become one of the largest Gold Mining Camps in the world based on the U.S. soil. 



NovaGold NR October 26, 2020.

It is important to mention here that TNR' Shotgun Gold Project is a Porphyry Gold system as well, with a similar geo signature as Donlin Gold. 


Dr Tim Baker

"Shotgun Gold is a multiphase intrusion-related system associated with  69.7 Ma magmatism, tying Shotgun Gold to a widespread magmatic Gold mineralising event including the 70 Ma Donlin Gold project. Mineralisation and magmatism at Shotgun Gold resemble Donlin Gold and other deposits in the area where regional structures focus the first order emplacement of magmas, and local structures control mineralisation at the deposit scale." 


 

Shotgun Gold has seen very limited drilling of the total 7,000m. "Mineral resource is located from surface to a depth of 150m. The resource is located on a ridge forming a topographic high. Mineralisation appears to be uniform with little-to-no "nugget effect".


 

All Shotgun Gold inferred resource of 705,960 oz Au was defined at the Shotgun Ridge. "Mineralisation appears to be open at depth and along strike. Mineralisation from some drill holes was not included in the resource model. It can add additional resources with future drilling."



The next slide demonstrates very well the concept of an "Elephant and its trunk" which may be leading to "a hiding in the ground Elephant" when you study "Depth-fluids Models For IRGS" presented by Dr Tim Baker and TNR's Shotgun Gold exploration studies combining drilling results and 3D chargebility model.

 


All Shotgun Gold resource was defined just in one target at Shotgun Ridge. "Shotgun Ridge has untested structural intersections that may host significant Gold deposits. If the IP method is showing mineralization as interpreted, then the potential exists to expand the near-surface mineral resource in close proximity to the existing resource."



"Geology supports the target model. Only one of 5 targets is tested to date. 705,960 oz Au defined in one target with less than 5,000m drilling. Deposit is open at depth and along strike."



"Shotgun Ridge alone shows potential to host multiple, closely spaced gold deposits." 


TNR Gold Shotgun Gold Project is located 190 km south of Donlin Gold and I personally believe that we are very well positioned now with our development strategy. This approach becomes particularly interesting after recent M&A activities by Kinross GoldTNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. 



"Today we have Peak Gold Supply in the spotlight again. Majors have to buy new Gold projects in order to replenish their resources in the pipeline for development. Kinross Gold is acquiring 70% of the Peak Gold project and putting all our Shotgun Gold development Story into the new light of potential developments now:

"CALGARY - Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.

Toronto-based Kinross has agreed to pay Royal Gold about $66 million for its entire 40 per cent stake and $59.6 million for half of Contango's 60 per cent share, leaving Contango with a minority 30 per cent holding.

The miner says it plans to process ore from the open-pit Peak Gold mine at its existing Fort Knox mine, 400 kilometres to the northwest, to reduce costs and extend the life of the existing mill and infrastructure." BNN Bloomberg.


Shotgun Gold Project is located 190 km south from Donlin Gold, where our shareholder NovaGold is developing this giant project together with Barrick Gold."

 


Higher Gold prices and rising demand are pushing all industry insiders to adjust their strategy, the whole mining districts can be built around the central for particular mining camps facilities like Kinross is doing now. M&A and consolidation of the resources in the satellite deposits around such existing and developing mining infrastructure centres have already started. Developing Donlin Gold Mining Camp provides a unique opportunity for TNR's Shotgun Gold Project to grow with further exploration and potentially become a part of the one of the largest Gold Mining Camps on the U.S. soil. Now it is time for you to make your own research and make your own conclusions, stay safe.

 





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.




Reuters:

Saudi wealth fund cut U.S. stocks by $3 billion last quarter, reduced ETFs


  




Thursday 19 November 2020

TNR Gold Royalty Holding On Mariana Lithium JV Operated By Ganfeng: "Argentina Hints At Incentives For Lithium Investment"


Tesla is jumping back to 500 dollars after the 5-1 split on S&P decision and "Argentina hints at incentives for lithium investment". We have another hope for Argentina that common economic sense will prevail and this great opportunity will not be wasted. Daniel Politi from Argus is reporting:

"Argus: Argentina hopes to catapult annual lithium carbonate production to more than 230,000t by the end of 2022 from a current 40,000 t/yr.

The fivefold increase would boost the value of Argentina's lithium exports to more than $1bn, from just $190mn last year, according to Argentina's mining secretary Alberto Hensel.

The ambitious estimate hinges on $1bn in investment over the next three years, Hensel said.   

Fresh off another sovereign debt restructuring, Argentina's government has set up a roundtable tasked with drawing up a 30-year mining plan.

"Argentina needs to strengthen projects that lead to exports, and mining is part of that solution," said planning minister Matias Kulfas.

Hensel pledged that the government would analyze investment incentives, including a possible exemption for profit repatriation. "We must guarantee that companies have access to export revenue," he said."

 

 

The most important now will be that any prohibitive and restrictive policies of any kind do not interfere with the powerful market forces. We have the coming tsunami of surging demand for electric cars after Tesla's earthquake for the auto industry. 



The Switch is here when millions of people are literally switching to electric cars. All major automakers chasing Tesla and Wall Street is in love with all EV dream makers. Secure supply of Lithium is at the core of this energy rEVolution which will affect $12 Trillion industries of Energy and Transportation. 



The proud people of Argentina are hungry for the real work and can build this great nation into the Power House for The Switch and Energy Transition supplying Copper, Lithium and other strategic materials. The next step will be to build the manufacturing base for the Energy rEVolution in Argentina. 



All we need now is the rule of law and that common economic sense will prevail over any myopic games with politics. The games are over. This kind of opportunity comes only ones for every generation. The global village is over. It is time for Argentina to claim its place at the table of the fast-developing nations in the 21st century. The demand is here, the capital can be available, all we need now is stability and wise economic policies which will allow building the new manufacturing base in South America providing new jobs opportunities to the millions.



"TNR Gold is plugged into the Tesla Energy rEVolution with our NSR Royalty Holding on Mariana Lithium JV under the management of this giant from China



Ganfeng proposed USD $25 million budget for Mariana Lithium in 2020 and "The feasibility study on Mariana Lithium was completed in 2019, and environmental assessment and construction of the project are planned to be conducted," as it has stated in Ganfeng Lithium 2019 Annual Report. 

 

 

Ganfeng Lithium has provided a further update on Mariana Lithium in 2020 Interim Report: "The feasibility study of Mariana Project in Argentina was successfully completed in 2019, and environment assessment, pilot scale test, and design of plant construction are being launched to the project."

 


Tesla rEVolution And "The Art Of War": Just Rub Table Salt In Lithium Producers' Wounds To Lock In Cheap Lithium Supply.


EV Stock Channel

"Whether Elon Musk really has the magic "table salt" which you can add to the Lithium clay deposits and get the shiny Teslas coming from another side of the hills in the USA remains to be seen. What is for certain now is that Elon has perfected "The Art of War" in order to get the best deals for his Tesla rEVolution. It looks like in order to make the best deals and lock in the lowest prices for secure Lithium supply chains you just need to rub some table salt in the wounds of struggling Lithium producers." Read more.



Argus Media:

Argentina hints at incentives for lithium investment

"Argentina hopes to catapult annual lithium carbonate production to more than 230,000t by the end of 2022 from a current 40,000 t/yr.

The fivefold increase would boost the value of Argentina's lithium exports to more than $1bn, from just $190mn last year, according to Argentina's mining secretary Alberto Hensel.

The ambitious estimate hinges on $1bn in investment over the next three years, Hensel said.

Fresh off another sovereign debt restructuring, Argentina's government has set up a roundtable tasked with drawing up a 30-year mining plan.

"Argentina needs to strengthen projects that lead to exports, and mining is part of that solution," said planning minister Matias Kulfas.

Hensel pledged that the government would analyze investment incentives, including a possible exemption for profit repatriation. "We must guarantee that companies have access to export revenue," he said.

He also suggested that Argentina could impose a system of "progressive" export taxes to charge lower rates at the beginning of a new development to ensure companies can make a return on their initial investment more quickly. Lithium currently pays an export tax of 8pc.

Argentina, which is among world's top four lithium producers alongside Australia, Chile and China.

Argentina had hoped the mining sector would grow exponentially this year, but bleak macroeconomic conditions and pandemic restrictions dashed expectations.

Mining exports including lithium, gold and silver will decline by 25pc this year and will likely end the year at around $2.4bn, Hensel said, while investments in the sector will fall from $240mn last year to around $160mn in 2020. 

Argentina has the world's third-largest lithium reserves and is nestled in the "lithium triangle" that also includes Bolivia and Chile.

Two lithium developments are in production and two others are under construction. Another 10 are undergoing a preliminary economic assessment. If all the projects move forward it would imply total investment of $5.4bn.

US firm Livent operates the Fenix mine in northern Catamarca with a current capacity of 22,500 t/yr of lithium carbonate equivalent (LCE). The mine is undergoing an expansion to 28,500 t/yr LCE in 2021. Australia's Orocobre runs a 17,500 t/yr joint venture with Japan's Toyota Tsusho and provincially owned Jujuy Energia y Mineria Sociedad del Estado (JEMSE) in northern Jujuy province, with a plan to boost capacity to 42,500 t/yr next year.

Minera Exar, a joint venture between Lithium Americas and Ganfeng Lithium, is currently developing a separate Jujuy mine with projected capacity of 50,000 t/yr of LCE, while Australia's Rincon is targeting a 50,000 t/yr project in northern Salta province, according to Argentinian government data.