Saturday, 12 December 2020

"Investors Are Coming Back Home": Gold In The USA, Alaskan Elephant Country - "Billionaire Investor Thomas Kaplan Says Gold Prices To Move 'Way Past' All-time Highs"


Time kills like no one other.

Time is beautiful, time is everything and we have never enough of it. Only a few things are timeless.



Take the brilliant idea and apply the wrong timing to it and your story will vanish before even been told like many thousands of others. Nobody has time to remember. We are finding only a few worth to forget.

As we will learn very soon, time is energy, money is compressed energy and Gold is money. You can read about it, you can study it, but you have to live it to understand it.

Chart by @MacroCharts

Today we can put one more of my posts on the record with the timing of my investment decisions and my own belief about this young and powerful Gold Bull Market. Quite a few sentiment readings are telling us that this sell-off phase of the Gold Bull market should be over very soon.


Chart by Nicholas Winton

Our very talented Nicholas Winton provides clear cut illustrations for our progress. He makes his roadmaps for TNR Gold as no-one else and we can easily navigate it driving our aspirations by moving forward, building value and telling our Story. Our projects are growing and we are entering the new phase of growth for our Green Energy Metals portfolio plugged into Energy rEVoltion with our Copper and Lithium Royalty holdings on the projects developed by McEwen Mining and Ganfeng Lithium.  



Life is giving us two rules to beat the odds stacked up against us by ruthless Mr Market in the investment world. You do not have to make all mistakes yourself to learn all the lessons and can follow the best who has already made it. And you can use from time to time Mr Market's Time Machine. 

"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." 

The real edge comes with discipline - Warren Buffett: "Mr Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell it to him, and if he gets depressed, you buy from him. There is no moral taint attached to that."



Thomas Kaplan is talking today with Kitco about his view on the current Gold Bull Market and his investment approach to the development of the giant Donlin Gold project in Alaska. Below you can find a lot of information for your own research of this generational investment opportunity for Gold. Stay safe and prosper.

"Kaplan described the Donlin project as the "Holy Grail" in the mining industry not only because of its resource but also because of its location.

"Alaska is the second-largest gold producer in a country," he said. "We're located in a jurisdiction where, when I go to sleep at night, I know that what I thought I own the night before, I still own. As someone who made their bones in Bolivia, Zimbabwe, South Africa, Congo, I could go on, I believe that that era is over." Kitco.

 



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. 




Kitco:

Billionaire Investor Thomas Kaplan Says Gold Prices To Move 'Way Past' All-time highs

"(Kitco News) - Silver may be Thomas Kaplan's first love as he sees the potential for the precious metal to eventually push to $100; however, he is also not giving up on gold as he sees the yellow metal in the third-wave of a secular bull market that will take it "way past new highs."

Many investors turned bullish on gold in mid-2020 as central banks and governments flooded financial markets with massive liquidity to support the besieged global economy, devastated by the COVID-19 pandemic; however, Kaplan noted that gold was already in a bull market long before the pandemic hit.

"All the pandemic has served to do is to make people now understand that the question of money and what is money when clearly it can be printed at will, he said. "The debasement of currencies is obviously very, very bullish for gold."

Not only is gold backed by solid fundamentals as a monetary metal, but Kaplan noted that gold looks good from a supply and demand outlook. He said that he sees the industry struggling to replace the ounces of gold that it has produced.

"If Barrick is right, and [gold] production is declining by about 5% a year, for a number of years forward, we really are reaching a perfect storm," he said.

With the gold industry suffering from new discoveries, Kaplan said that it is essential to move forward with projects like NOVAGOLD Resources' (TSX: NG) Donlin property. The Alaskan-based project has 39,000,000 ounces of gold in measured and indicated mineral resources. The company just finished its biggest drill program in 12 years.

The Donlin project is a 50-50 joint venture between NOVAGOLD and Barrick Gold (NYSE: GOLD).

Kaplan said that is no rush to bring the project, which he describes as a "category killer," to production. He added that it is more important that they fully understand the property's geological potential.

"Our attitude is that this thing is going to be around for 50 years, maybe 100 years, maybe more, the exploration potential there is probably better than almost any other mining project in the world," he said. "I think we can look forward to a huge mine life; what we really want to make sure is that it's built properly from the front end. We're extremely excited because things seem to be working out exactly as we'd hoped that they would, in terms of the drill program."

Kaplan described the Donlin project as the "Holy Grail" in the mining industry not only because of its resource but also because of its location.

"Alaska is the second-largest gold producer in a country," he said. "We're located in a jurisdiction where, when I go to sleep at night, I know that what I thought I own the night before, I still own. As someone who made their bones in Bolivia, Zimbabwe, South Africa, Congo, I could go on, I believe that that era is over."



Tuesday, 8 December 2020

Tesla Energy rEVolution And The Golden Age For Copper: Kirill Klip GEM Royalty TNR Gold Copper Presentation December 2020


"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.




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.”



The good news is coming in to bright up the days this Fall for TNR Gold and all our shareholders. We all more than deserve it after very hard work and I would like to extend our deep appreciation and gratitude to all our shareholders for your support of our Company. On your behalf, I would like to thank our very talented GEM Royalty TNR Gold Team. Our projects are growing. I am investing in our Company againand 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!



Today Rob McEwen is sharing with The Northern Miner his plans to awaken his "sleeping giant" - Los Azules Copper project. We discussed with you recent Royalty deals providing finally mark-to-market benchmark for potential valuation of TNR Gold Royalty Holding on Los Azules Copper based on the recent market transactions. Today you can listen to Rob McEwen about his plans for the development of this giant Copper deposit. Proud people of Argentina are ready to build their future and become the economic powerhouse in South America to feed The Switch and Tesla Energy rEVolution. TNR Gold is plugged into this energy transition with our Royalty Holding in Copper and Lithium.

The Northern Miner: "Asked about the situation in Argentina, McEwen noted that the country “has the unfortunate experience of almost every ten years it seems to go into a period of high inflation,” and are in the midst of that right now. “They are desperate for foreign investments, it’s a mineral-rich country, and they just haven’t got their mining laws together. They are inconsistent,” he said. “But I think we’re approaching a time where they are going to be more inviting and provide some safeguards to investments for foreign investors there.”

McEwen noted that the company’s Los Azules project in Argentina contains a large copper deposit, with indicated and inferred resources totalling 30 billion lb. copper and also has some gold and silver. To put it into perspective for gold and silver investors and convert the copper and silver into a gold-equivalent, Los Azules has about 19 million oz. gold-equivalent in the indicated category and another 37 million oz. gold in the inferred.

“We did a PEA on it using a US$3 per lb. copper price, and the economics on it are really robust. It envisions 415 million lb. of copper a year at US$1.14 per lb. copper. Copper right now is about US$3.14 per lb., so if I were to convert that again to a gold-equivalent, when you include the gold and silver credits, that would be about 800,000 oz. a year at US$800 an ounce.”

McEwen added that the large capex of $2.4 billion, at US$3 per lb. copper, could be paid back in under four years and run for 36 years. While he admitted that the size of the asset and capex is beyond McEwen’s balance sheet, the company continues to move it along and make it more attractive and is considering a variety of ways to advance the project.

“We’re currently thinking of spinning it out, and putting it with a copper project that we have in Nevada and create a separate company where we retain a large interest, to have the value reflected on our balance sheet and fund that to push it forward to a feasibility study.”

“I think it’s an overlooked asset in our portfolio mix,” he continued, adding that “a lot of investors like to have companies invested in gold and silver or in copper, but not have all of that in one company, especially in a smaller company.” 




Wednesday, 2 December 2020

Lithium Will Power Us For The Next 50 Years And Then Robots: Kirill Klip GEM Royalty TNR Gold Lithium Presentation December 2020


"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."

 





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.




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."

 



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.