Peaked at 18,mybad
/pmg/ - Precious Metals General
Jace Gray
Hudson Torres
You will not be disappointed user I love the fine details on them and would get more myself if they weren't hard for me
Gavin Barnes
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?
Leo Murphy
TFmetals report
Chase Reed
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?