An Update from Max Porterfield of Callinex Mines

16

It was late April when we first introduced you to Max Porterfield and Callinex Mines. A few days ago, I had the opportunity to visit with Max again in order to get an update on their base and precious metal business.

And it has been a heck of a year in base metals, particularly the zinc that is the primary product of Callinex. Check this crazy chart:

So in this conversation, we spend some time discussing zinc...its fundamental uses and its intriguing set of supply/demand dynamics. But we also take some time to discuss copper, gold and silver as all three are by-products of zinc mining.

I think you'll find this to be a very interesting interview as it covers some topics that we don't regularly discuss here at TFMR.

TF

"DISCLOSURE: This video was produced on behalf of Callinex Mines and funded by Gold Standard Media LLC. For the full disclaimer, please visit:

https://www.goldstandardir.com/callinex-disclaimer-1/"

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J Siefert
Sep 26, 2016 - 9:01am
Blythesshrink
Sep 26, 2016 - 8:01am

http://www.zerohedge.com/news

https://www.zerohedge.com/news/2016-09-26/deutsche-bank-stock-plunges-al...

"Seibert responded to report in Focus that Merkel has ruled out state assistance for Deutsche Bank. Merkel regularly meets German banking executives, Seibert says, declines to confirm a meeting with Deutsche Bank CEO John Cryan. Seibert reiterates Germany expects a "fair result" in Deutsche Bank talks with U.S. authorities. "

So is the Germans calling the US government's bluff? Fine them 14 billion, but if you do, we'll take down your financial system?

climbthathilltyberious
Sep 26, 2016 - 3:38am

October 1st: The Biggest

Chinese US treasury reserves - if you want to see the true scale of the liquidation of treasury bonds, redraw the chart but with the axis starting at zero, not 1210. Then you will see that the change is insignificant - the holding looks like a straight line.

To get you started, here are my approximates of the numbers reading from the chart, from June 2015 to June 2016.

1271, 1269, 1270, 1258, 1254, 1265, 1248, 1238, 1252, 1246, 1245, 1246, 1241

Whenever you see a chart and the axis is not crossing at zero, be skeptical. Lopping off the most of the column is a common way to exaggerate. You'll see politicians do this all the time.

climbthathillBillD
Sep 26, 2016 - 3:29am

Here'a new one ... got legs?

Nah! Silverdoctors think this plane crash story is disinformation.

Besides which, her symptoms are all wrong for that, and all right for a blood clot on the brain. Her collapse on 9/11. Her eye movements. She had a stroke. She has a blood clot on the brain. And its not her first clot - others have been identified in her medical history.

infometron
Sep 25, 2016 - 9:12pm

Yuck

Hillary will... be on Armour thyroid until she dies.... Armour thyroid is an extract of desiccated pig’s thyroid.

https://www.zerohedge.com/news/2016-09-25/dr-lisa-bardack%E2%80%99s-faus...

BillD
Sep 25, 2016 - 8:30pm
DPMS308
Sep 25, 2016 - 8:22pm

Good stuff cheap

I found this site a year ago... lots of good stuff cheap for preppers or cheap b@stards which there a few on this site, myself included. Just do a little research on Amazon, eBay, and Google to confirm it is a good deal. Not many items have been a disappointment. Everybody in my family love the memory foam bamboo pillows I bought. Solar lights have been great too. Sign up for the email notifications because the deals sell out.

https://www.yugster.com/todays-deals/last-chance

DPMS308
Sep 25, 2016 - 7:55pm

The 2 year scavenger hunt

I took a log home building class Labor Day weekend which is geared for DIY average Joe's that want to build a beautiful custom built mortgage free log home for the least amount of money. Finding resource for pennies on the dollar is emphasized such as auctions, Craig's list, garage sales, flea markets, thrift stores, scrap from manufacturers that can be re-purposed, and of course using the bureaucratic process to your advantage on the bureaucrats in government. So ... I stopped in the local thrift store and didn't find any building tools but I did find a pair of these like new a size larger just right for layering for $5.99:

https://johnsonwoolenmills.com/product/adirondack-pants/

I also found a like new LL Bean Gore-Tex rain coat that had some kind of tournament sponsor on it for $8.99 that looks like it was never worn. That stays in the truck and if I have to crawl under the truck in the mud or put a tear in it who cares???

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

streber
Sep 25, 2016 - 4:44pm

Wells & more...

"The relentless propaganda of economic recovery isolated ‘the economy’ from the broader system of political and economic control and posed the heavily engineered up-cycle as a permanent new state of affairs. It also pitted the facts as lived by hundreds of millions of people against the insistence by the governments and central banks of the U.S., the E.U. and Britain that recreation of the circumstances that produced the prior three crises would somehow produce widely-shared and benevolent outcomes this time around. What the Wells Fargo ‘scandal’ renders evident is that what was recovered is the system of predatory finance that exists as institutionalized capitalist taking in the service of a tiny but powerful plutocracy."

https://www.counterpunch.org/2016/09/23/a-scam-too-far/

BarnacleBill
Sep 25, 2016 - 3:36pm

Reason for Concern ?

I just read an Aug 9th company release that Callinex issued 1.8 mil preferred share options to be exercised by Aug 2021 at $.38/share. I own a small amount in my portfolio and may add but wanted to see if any share my concern. Thanks in advance.

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Forum Discussion

by canadapleasure, 2 hours 26 min ago
by scoremore, Jan 19, 2021 - 10:56pm
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by scoremore, Jan 19, 2021 - 10:11pm