Grok: What would Freegold (FVL) be worth if they received a 50% free carry until production JV, where they had to pay for 40% of the capex out of profits, with the assumption that production begins at 800K/year at $4000 AISC, and gold prices are $8K? Do the valuation at a 12 and 18 FCF multiple (low/high range). @FreegoldVen @kinrossgold https://t.co/tzA5QJ9TuH

My website (GSD) and Substack prices are bargains! YouTube and X posts remain free. I will not raise my rates. I plan to be around for all of 2027. Hopefully, I'll be around for most of 2028 (depends on the gold price). 🧐 https://t.co/8eJzz7Cx6f

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NeutralAuXAUGoldGoldAEMAgnico Eagle MinesAgnico Eagle MinesMLMMartin Marietta MaterialsMartin Marietta Materials

3w ago on

From @FeneckConsult Title: Western Star (WSRIF, WSR) trying to produce US tungsten ahead of schedule, merits of gold drill story Opaweka (OPWEF, OPW) Western Star Resources (WSRIF/ WSR) and Opaweka Explorations (OPWEF / OPW) interview live today:  https://t.co/AVHIcLpLyy 0:35 John does intro on Western Star WSRIF / WSR and discusses why they invited CEO back to the show (new acquisition this summer which seems closer to US tungsten production than the market is anticipating). 1:36 Rackla Metals RMETF / RAK solid results in Oct 2026 2:33 PTX Metals PANXF / PTX...their Shining Tree gold asset is very close to IMetal Resources IMRFF / IMR, which just got a 19.9% JV from McFarlane (MLM) which has 4-5mil oz of gold. Also, PANXF's Heenan Mallard asset isnt far as well. Would suggest investors look at an aerial view on either https://t.co/8FLUnzXIpp and / or https://t.co/N4mYzu8OrM to see how close these projects are to McFarlane 3:38 Guardian Metal GMTLF / GMTL already has a tungsten PFS (released July 2026) showing strong potential in their 1st year EBITDA estimate, with less than a 1 year payback 5:39 Don on Lahontan Gold LGCXF / LG launched a PEA a few days ago. In the US and will be in gold production in 2027. Don talks about their sensitivity to gold prices 7:19 Don on 1911 Gold AUMBF / AUMB going into gold production in a few months 8:06 John comments on LGCXF and AUMBF 9:22 John likes WSRIF's consistent news flow and transparency (CEO is the largest shareholder of WSRIF and buys in the open market regularly according to SEDI filings) 10:30 CEO on the US / North American tungsten shortage which keeps the spot price elevated 11:15 White Star and Rowland (both in Nevada) 14:20 The US Govt discovered their New Mexico property (Eagle Point)...which could be in US tungsten production in 2027 if everything gets permitted on time 18:41 CEO summarizes next 12 month gameplan for WSRIF. Has a very tight share structure 21:55 "We could be one of the 1st US companies producing tungsten" 22:20 CEO presents for 5min on Opaweka Explorations OPWEF / OPW - Bazooka has strong historical grades and Arrowhead is directly near La Ronde mine (producing gold  and owned by AEM). Both are past producers and there have been 3 previous drill programs. New drill program coming soon on OPWEF. Very tight share structure and risk/reward looks attractive to both John and Don (recorded at .0850 USD with roughly a 7mil CAD market cap). 27:38 John asks about OPWEF 28:51 John says OPWEF reminds him of an earlier stage Triumph Gold TIGCF / TIG, which is one of John's larger gold holdings and has been outperforming the gold mining sector in 2026 29:18 John asks about the path for OPWEF. CEO says market cap is just 7mil CAD and it is "very undervalued" in his view currently. They have no interest in selling after a 10 hole program. "We are focused on (minimizing) dilution." 31:00 John asks about timing for tungsten production at WSRIF's Eagle Point. 33:21 Don asks questions about OPWEF and where AEM is drilling....which is on 2 of the borders of OPWEF's land package 34:02 Don ask about WSRIF and tungsten price 38:52 Don summarizes WSRIF. "It is pretty darn exciting", if tungsten price remains elevated 39:30 Don summarizes Arrowhead at OPWEF. Don likes that AEM is drilling deep 1200 meter holes nearby OPWEF's land 40:07 John summarizes OPWEF "I like buying cheaper gold stocks like OPWEF more than buying gold right now" 40:54 John summarizes WSRIF "their costs are very low" at Eagle Point. CEO stated prelim # is $70-80/ton.Even at 300% higher ($210-240/ton), realize that the tungsten spot price is currently around $3100/ ton.Margins are currently huge, and there could be a lot of upside here in the coming months from current .3000 USD

AuXAUGoldBearishGoldAgXAGSilverBullishSilverCRWVCoreWeave, Inc.NeutralCoreWeave, Inc.SPYS&P 500BearishS&P 500

3w ago on

Friday Recap Current (Last Week) -- (% from ATH | ATH) AU: $4,161 ($4,190) -- 25% from ATH ($5,608) AG: $56 ($60) -- 52% from ATH ($121) HUI: 739 (750) -- 25% from ATH (986) DXY: 100 (102) S&P 500: 7,659 (7,811) -- 2% from ATH (7844) Silver got smacked this week, trading with a $55 handle and closing at $56. The cycle low was $54 in July. The SGR (silver-gold ratio) ended the week at 1.3%, and the GSR (gold-silver ratio) at 74. I prefer the SGR, since the math is easier. I consider 2% to be fair value. So, silver should be around $81 and is currently undervalued. I think we can expect to see 3% at some point. At $8,000 gold, silver will be $160 at 2% and $240 at 3%. We can expect it to be around those levels. Gold's chart remains healthy. As long as gold is above $4,000, it will remain strong. In fact, gold has been basing at $4,000 since June. To create weakness in the gold chart, we would need to go below $4,000 and stay there for at least 3 months. I doubt that will happen. In fact, I expect the opposite. If we get above $4,500 in the next three months, then it's off to the races, and we likely will get a new gold ATH in H1 2027. In the near term (the next month), we can expect volatility. There is a good chance that gold will go below $4,000 before mid-November. The S&P has been strong (2% from an ATH), but the AI trade had some cracks this week, with Coreweave (a large data center builder) down 25% due to credit issues. Plus, 60% of the S&P 500 stocks are down 20% from their ATHs, which is a bear market for them, and 80% are down 10%. Only 20% are doing well, and those are mostly AI stocks. My targets are $3,950 to $3,750 for gold, $54 to $52 for silver, and around 650 for the HUI. If these levels hold, then most of the damage is done. I expect the HUI to rip back to 800 very quickly once gold gets back above $4,500. Investors are ready to buy the miners. Most investors missed Leg 1, but they won't miss Leg 2. With gold basing at $4,000, investors are ready to buy the miners if gold begins to trend. Everyone knows that if a gold bull market doesn't break down, that means higher highs (history will repeat). So, it's obvious what's coming: $5,600 gold and the gold miners to the moon. There is a good chance that the S&P peaked at 7844 on October 6th. We will likely find out by month-end. If it has, then fireworks are about to begin. Technically, gold should sell off to around $3,500 (many TA guys will have this target), but I think $3,750 holds as the fear trade begins to manifest. Why? Because internationally, gold has become the go-to asset, not US bonds or the US dollar.