NAK is a permit-gamble, so never something which you would want to go all in on. If you buy something like Impact, you know that you're purchasing a massive property which is already producing silver, whereas if NAK gets denied, it simply goes to zero. But the potential of NAK is so enormous that it's hard to resist the temptation to have some sort of share in the company.
Evan Williams
Isn't alexco and discovery metals better for junior, while mag silver, first majestic, endeavor silver and silvercrest metals better for less but sure gain?
The best way to answer your question is to look at the market-caps of the companies which we often talk about here.
First Majestic: $3 billion MAG Silver: $2 billion Silvercrest: $1.5 billion NAK: $650 million Discovery Metals: $650 million McEwen: $600 million Alexco: $500 million Impact: $120 million Bayhorse: $20 million
So the size of Alexco and DSV is somewhere between the larger producers (like FSM and Silvercrest) and the small-cap producers (like Impact and Bayhorse).
Lower small-caps obviously yield greater potential. We can imagine BHS going 150x and getting to $3 billion a lot more easily than we can e. g. First Majestic going 150x and going to $450 billion (which would be 7x larger than Newmont, the largest miner in the world).
Ethan White
P. S. Would add to this, the appeal of NAK is that Pebble has more metal in it than all of Newmont Mining's mines combined. So despite the fact that 500 million is a relatively high market-cap, we can actually imagine it going 150x and reaching Newmont's $70 billion market-cap. However, as I say, if NAK gets denied, the stock goes to zero.
Levi James
Yeah, I agree with , in essence treat whatever you put into NAK and others like it as throwing money into the wind; only put in what you can afford to lose and treat it as lost until you're in the green. Kinda like crypto, but non-suicidal, since at the end of the day they'll always keep going for more permits as oppose to being open exit scams.
tl;dr If all my liquid wasn't sat tightly in my physical stack, I'd throw a hundred - grand at it and see what happens.
Adam James
McEwen looks so fucking cheap, is there a reason for that like NAK? This and endeavor silver looks like a pretty sweet deal.
James Hughes
When will my stack skyrocket and I be filthy rich? What is the FWTDHW status?
You invest in McEwen with one question in mind: "Do you believe that Rob McEwen, the genius behind GoldCorp, can turn his own company into a major?" That's what the blue-sky potential is. McEwen Mining has had some implementation problems, and carries debt, but Rob McEwen is entirely committed to the project, and has gone all in on it with his own personal fortune.
William Sanchez
This seems to be the pattern, down early up late. I'm sure slv shill will report back and tell them we know the pattern. GNYPF my man, check it out. 3ยข a share and just got 9.4% of the company bought by sprott as of late August - I think it could really pop off soon.
Jace Mitchell
Than you Mr. Jamie Morgan for making my purchase today cheaper. We appreciate all you have done.
Don't know any specific details about the company, but what I will say is that GNYPF appears to be an ultra-low-cap drill play. Sprott sinks $100,000 or so into a fair number of companies like this; Genesis Metals is another example of the same sort of company which he has invested in. This leads people to make the mistaken assertion that he "throws money at everything," which is untrue. He puts most of his money in a select few companies. For example, he has 62 million dollars in Discovery Metals. So you will want to treat a stock like this in the way in which he treats it, as a gamble into which you only put a small amount of your money.
Anthony Sanders
Thinking of buying a small amount of gold today but I'm apprehensive. Talk me into it lads t. poorfag who has discipline and can sit on money
Nathan Ramirez
You're not the OG barbender.
Easton Rivera
I actually am but you don't have to believe me
Aiden Gutierrez
If you feed your car to some gold and silver it might evolve
