A2A with Mickey Fulp

The Mercenary Geologist
23

"The Mercenary Geologist" Mickey Fulp joined us today for another insightful discussion of commodities and the mining sector.

One of the most difficult aspects of mining share investing is dealing with the challenge of discerning a high quality opportunity from a potential loser. While no one can get it right all of the time, your possibilities for profit can be greatly enhanced if you find some wisdom and experience to guide you. To that end, Mickey Fulp has spent the past 35 years analyzing and exploring within the mining sector and he freely shares his insights through his website https://www.goldgeologist.com/index.html

Over the course of this 50-minute webinar, Mickey addresses a number of issues and answers several listener questions. Some of the topics covered include:

  • the ongoing rallies in cooper, zinc and other industrial metals and what this may be telling us about commodities, in general
  • Mickey's thoughts on the latest discoveries in the Pilbara region of Australia
  • the timing of selloffs and rallies as we approach year end
  • Mickey's opinions on a whole host of specific names within the mining sector
  • and much, much more!

I'm confident that you're going to find this information to be extremely valuable so I strongly encourage you to carve out some time today or over the weekend to give this a listen. Thanks again to Mickey for being so generous with his time!

TF

  23 Comments

Ubik Kosmil
Nov 9, 2017 - 2:39pm

UNO

Silly game but it's been a while :-).

now to listen

silver10sguy
Nov 9, 2017 - 2:51pm

Uranium Stocks Spiking Today Big Time

What's up with uranium today? Now to listen.

indiana rod
Nov 9, 2017 - 3:26pm

Jan. 18 calls

80 or 90 % of options expire worthless. That's why, in the 1990s, while the DOW was down 7% one year, my account was up 14%, mainly from writing covered calls on WMT and LLY.

I have been afraid to write covered calls on my miners, fearing an explosion in price.

But, being an incurable optimist and a brute for punishment, I just bought 40 Jan. 18 calls on First Majestic.

Jihk2431
Nov 9, 2017 - 3:42pm

Cameco cut production - industry cannot produce at these price

No real downside from here (though upside could still be 2-3 years out depending on when utilities start getting serious about future contracts)- I own shares in UEC and Western Uranium, which have American assets. Hopefully Bill and Hillary won't attempt to sell them to Russia.

mike97
Nov 9, 2017 - 4:06pm

Re PAAS

I added a little Pan American and didn't sell any silver stocks despite the beatings.

"Pan Am Silver -6% after Q3 results, but B. Riley FBR sees buying opportunity

Nov. 9, 2017 2:59 PM ET|About: Pan American Silver Corp. (PAAS)|By: Carl Surran, SA News Editor

Today's sharp drop in Pan American Silver (PAAS -6%) following the miner's Q3 earnings report likely is the result of technical factors and not company fundamentals, according to analysts at B. Riley FBR who upgrade shares to Buy

Pan Am Silver -6% after Q3 results, but B. Riley FBR sees buying opportunity

Nov. 9, 2017 2:59 PM ET|About: Pan American Silver Corp. (PAAS)|By: Carl Surran, SA News Editor

Today's sharp drop in Pan American Silver (PAAS -6%) following the miner's Q3 earnings report likely is the result of technical factors and not company fundamentals, according to analysts at B. Riley FBR who upgrade shares to Buy from Neutral with a $21 price target based on a strong Q3 cost performance.

Riley says Q3 results showcase PAAS's cost-effective assets, as management cut its cost guidance for the second time this year; Q3 cash costs were $3.12/oz. of silver, down 36% Y/Y and far better than the firm's expectation of $5.31/oz.

PAAS released positive project updates as well as further deleveraging, Riley notes, adding that PAAS has underperformed silver prices, further underscoring the buying opportunity. Neutral with a $21 price target based on a strong Q3 cost performance.

Riley says Q3 results showcase PAAS's cost-effective assets, as management cut its cost guidance for the second time this year; Q3 cash costs were $3.12/oz. of silver, down 36% Y/Y and far better than the firm's expectation of $5.31/oz.

PAAS released positive project updates as well as further deleveraging, Riley notes, adding that PAAS has underperformed silver prices, further underscoring the buying opportunity."

Nov 9, 2017 - 4:50pm

same old, same old

Like we've never seen this before...

This from October 19...

These two from October 31. Both from the same 113.00 level no less...

AngryCitizen
Nov 9, 2017 - 5:10pm

7777777

NOT 11

lakedweller2
Nov 9, 2017 - 7:08pm

Price of Silver

Self fulfilling prophesy. Miners should determine the price of their product rather than some POS Banker. You want silver, you pay what it costs to produce it, plus a profit. If you are analyst, you don't ignore the fact that market factors are ignored in a fake, manipulated, fabricated pricing system designed for banker profits. The banks owe the miners all their profits and get the hell out of price determination. Strong message follows.

Markedtofuture
Nov 9, 2017 - 7:43pm

Trump’s DHS Nominee: Americans ‘Owe’ Amnesty to DACA Illegals

President Donald Trump’s nominee to lead the Department of Homeland Security says “we owe” amnesty to the nearly 700,000 illegal aliens who are shielded from deportation under the expiring DACA amnesty.

In her confirmation hearing on Wednesday, Kirstjen Nielsen confirmed her pro-amnesty, mass immigration views by saying that it is the United States’ responsibility to legalize illegal aliens shielded under the Deferred Action for Childhood Arrivals (DACA) program.

“I believe that we must and we owe it to them to find a permanent solution,” she said of passing a DACA amnesty that could potentially lead to a chain migration of 9.9 million to 19 million foreign nationals pouring into the U.S. legally. “It’s no way to expect anyone to live a month or two months at a time,” said Nielsen, even though the DACA work-permits each last for two years.

Nielsen did not cite any conditions, offsets or safeguards when announcing her support for amnesty. She did not even mention the President’s immigration principles, announced October 8.

As Breitbart News reported, Nielsen previously noted that should she be confirmed to lead DHS, she would be “ready to work” with lawmakers in passing an amnesty for DACA illegal aliens.

“Congress has a clear constitutional policymaking authority to change immigration law in order to develop a permanent solution for those individuals that were [DACA] recipients,” Nielsen wrote in a pre-hearing document. “If confirmed, I will stand ready to work with Congress to provide any technical assistance needed towards a permanent, legal solution and towards enacting measures that enhance border security, interior enforcement, and our immigration system generally.”

As Breitbart News reported, Nielsen’s nomination to head DHS has been praised by the cheap foreign labor lobby, open borders advocates, and the Washington, D.C. national security establishment – which allied itself with the failed “Never Trump” movement during the 2016 presidential election.

Likewise, Nielsen chaired a committee at the World Economic Forum that promoted mass immigration to Europe and the U.S., claiming Western nations did not have a choice and needed to accept millions of migrants. That report, as Breitbart News reported, was co-authored by executives from multinational corporations and world banks.

Additionally, Breitbart News reported on Nielsen’s involvement with the Bush administration’s response to Hurricane Katrina in 2005, when more than 30,000 illegal aliens and foreign workers were able to come to the U.S. to take American blue-collar jobs which those devastated by the natural disaster had hoped to get.

Following Hurricane Katrina, 1.5 million Americans were displaced by the storm, and easing of labor laws by the Bush administration left many looking for work outside of the Gulf Coast since illegal aliens and foreign workers quickly dominated the paid clean-up effort.

https://www.breitbart.com/big-government/2017/11/08/donald-trumps-dhs-no...

Markedtofuture
Nov 9, 2017 - 7:58pm

Pioneer Resources HotCopper Post

PIO.AX .... PIONF

For those that do not know me I discovered Purdys and Comet Well and signed an agreement with Novo resources to purchase my interest.

My leases have started a gold rush, is the only way to explain it.

I’ve watched as companys in the area doubled in price and I cannot believe that Pioneer has not tripled.

I’m no geologist but Pioneer holds very solid leases in between Novo and De Grey with the geology and history that tells me there is a lot more to come from this company.

https://hotcopper.com.au/threads/kangan-gold.3763539/?post_id=27991785

https://twitter.com/ozwitsgold

https://ceo.ca/pio.ax

@drezinho Some hints that unannounced nuggets were recovered on or near $PIO.ax land https://twitter.com/ozwitsgold/status/928364430231924736

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

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Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts & Bldg Perms
11/20 2:00 ET October FOMC minutes
11/21 8:30 ET Philly Fed
11/21 10:00 ET Existing Home Sales
11/22 9:45 ET Markit November Flash PMIs

Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI

Key Economic Events Week of 10/21

10/22 10:00 ET Existing home sales
10/24 8:30 ET Durable Goods
10/24 9:45 ET Markit flash PMIs
10/24 10:00 ET New home sales
10/25 10:00 ET Consumer Sentiment

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

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randomness