Obviously I follow a bunch of people in tinnickelcopperland. One guy I follow closely is Mark Thompson, a director at Meridian Mining, Cornish Metals and a bunch of others in that sphere. Worth a follow if you're interested about investing in tin, copper and commodities in general. There's an IPO coming to the LSE main market (not AIM). Marketing for it starts on Monday. Company is called First Tin. It has exploration projects ongoing in Germany plus a project in Aus. Like Cornish it could be another good one to get in early as the whole tin thesis - demand for 'green' tin instead of destructive Indonesian dredging, increase in demand from the energy transition and the move to put 'chips in everything', and the raging commodity price, - is beginning to get noticed by the crowd. It'll be interesting to see the marketing but from their website they're obviously heavily playing the ESG card for their 'environmentally sound' tin produced in Germany and processed in Europe. This is the way the market's going, more and more people want to feel reassured (somewhat belatedly..) that the raw materials in their car, phone, laptop and charging infrastructure weren't obtained by reliance on poverty-stricken teenagers dying in artisan Myanmar mines or via destroying marine habitat off the cost of Indonesia by a corrupt state-owned entity. I can see it doing well in the current environment, providing the whole western market system doesn't melt down over Ukraine.. It has the advantage of not being in the DRC! Could attract those muppets - sorry investors - too scared to invest in Alphamin. Website: https://firsttin.com/
My buying a shed load of rubles hoping on the inevitable left vs right civil war in America has really backfired here.
Quote from: petejh on February 12, 2022, 12:16:32 pmObviously I follow a bunch of people in tinnickelcopperland. One guy I follow closely is Mark Thompson, a director at Meridian Mining, Cornish Metals and a bunch of others in that sphere. Worth a follow if you're interested about investing in tin, copper and commodities in general. There's an IPO coming to the LSE main market (not AIM). Marketing for it starts on Monday. Company is called First Tin. It has exploration projects ongoing in Germany plus a project in Aus. Like Cornish it could be another good one to get in early as the whole tin thesis - demand for 'green' tin instead of destructive Indonesian dredging, increase in demand from the energy transition and the move to put 'chips in everything', and the raging commodity price, - is beginning to get noticed by the crowd. It'll be interesting to see the marketing but from their website they're obviously heavily playing the ESG card for their 'environmentally sound' tin produced in Germany and processed in Europe. This is the way the market's going, more and more people want to feel reassured (somewhat belatedly..) that the raw materials in their car, phone, laptop and charging infrastructure weren't obtained by reliance on poverty-stricken teenagers dying in artisan Myanmar mines or via destroying marine habitat off the cost of Indonesia by a corrupt state-owned entity. I can see it doing well in the current environment, providing the whole western market system doesn't melt down over Ukraine.. It has the advantage of not being in the DRC! Could attract those muppets - sorry investors - too scared to invest in Alphamin. Website: https://firsttin.com/Pete, any thoughts on TUN: Tungsten West. I've done little to no research - just wondering if you'd heard much about them?Polymetals is looking cheap just now
Pete, any thoughts on TUN: Tungsten West. I've done little to no research - just wondering if you'd heard much about them?
Yeah - I'm currently full of covid so have nothing better to do than ponder the of the world.Sold nearly all my tech in the last 9 days, just left a few small positions in things I think have legs. Took some big losses in a couple but that's all part of the learning curve and there were also decent profits. Pantheon Resources was over 60% in a few weeks.Haven't reduced Alphamin (my partner added more this week) and Filo remains my biggest holding at 40% of my PF. I'm starting to feel I need to trim some profits from it however.I also am in ZACA, bought in at 60c and Artemis @ 0.8c.Cycled some of the money from the sales into Corsa Coal amongst others, all with a stoploss once profits hit 25% I also placed some funds in silver explorers and miners this last few weeks, all doing well. Definitely buyer beware in the current climate.Other than that, I've increased cash to 20% of PF, it seems prudent. To
Can I ask why you took big losses on some of your tech stocks? Do you believe they will never come back or just won't come back in the time period you are willing to be in the market?
In the first, a swift end to fighting prevents a further upward spiral in commodity markets, keeping U.S. and European economic recoveries just about on track. Central bankers would have to tweak their plans, not scrap them.In the second scenario, a prolonged conflict, tougher Western response and disruptions to Russia's oil and gas exports would deliver a bigger energy shock and a major blow to global markets. That would likely take ECB rate hikes off the table this year, while Fed tightening would slow down.A worst-case outcome would see Europe’s gas supply cut off, triggering a recession, while the U.S. would see significantly tighter financial conditions, a bigger hit to growth, and a markedly more dovish Fed.Wars are inherently unpredictable, and the actual outcome is likely to be messier than any of these stylized versions. Wild swings in financial markets Thursday illustrated the uncertainty. Still, the scenarios should help frame thinking about possible paths ahead.