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Due Diligence by Doc Jones, Resource Investor, Hunting for Exceptional returns.
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Manage series 3311997
Inhalt bereitgestellt von Doc Jones the Resource Investor. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Doc Jones the Resource Investor oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
I’m a PRIVATE INVESTOR, enjoying early retirement after a long, successful, and fulfilling career as an investment professional with a focus on the resource sector (including oil and gas). I employ common sense, fundamental, bottom-up analysis that incorporates not limited to: currency exchange rates, cost of labor, raw materials cost, geology, metallurgy, cost of capital, infrastructure, micro/macro influencing factors, experience of management, capital discipline by management, etc, etc… Research, research, research. I run a highly concentrated and focused portfolio. The Math never lies
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Alle als (un)gespielt markieren ...
Manage series 3311997
Inhalt bereitgestellt von Doc Jones the Resource Investor. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Doc Jones the Resource Investor oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
I’m a PRIVATE INVESTOR, enjoying early retirement after a long, successful, and fulfilling career as an investment professional with a focus on the resource sector (including oil and gas). I employ common sense, fundamental, bottom-up analysis that incorporates not limited to: currency exchange rates, cost of labor, raw materials cost, geology, metallurgy, cost of capital, infrastructure, micro/macro influencing factors, experience of management, capital discipline by management, etc, etc… Research, research, research. I run a highly concentrated and focused portfolio. The Math never lies
…
continue reading
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1 $EMO.V $EMOTF The Emerita Resources Aznalcollar Criminal Case Deep Dive 1:47:16
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Criminal sentencing trial begins in 4 weeks 1 day. Multiple criminal charges, multiple gross irregularities in Minorbis-Grupo tender, potential of 348 years imprisonment and fines to be imposed. “the Provincial Court, in reviewing the case during the previous appeal process, has indicated that the other bid did not meet the requirements laid out in the tender process and should have been disqualified on that basis.” “The new indictment includes the following: Increases the number of accused people from 9 to 16. Increases the charges to the following 4 crimes related to the award of the tender: Administrative Prevarication Influence peddling Management fraud Embezzlement due to unfair management” Nov. 25, 2022 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) announces that the Third Section of the Provincial Court of Seville (the “Court”) has set March 3, 2025 as the date for the criminal trial on the alleged crimes committed during the process of awarding the Aznalcóllar tender. The trial is an oral hearing that is expected to be completed on July 15, 2025. The Court has reserved up to 40 sessions including days in March, April, May, June and July 2025. The oral trial has been scheduled at 10:00 AM (local Seville time) on the following days: 1) March 3 and 4, 2025 (pre-trial matters) and March 31, 2025 2) On April 1, 2, 7, 8, 9, 21, 22 and 23, 2025 3) On May 12, 13, 14, 19, 20, 21, 26, 27 and 28, 2025 4) On June 2, 3, 4, 9, 10, 11, 16, 17, 18, 23, 24, 25 and 30, 2025 5) On July 1, 2, 7, 8, 9, 14 and 15, 2025 The 16 defendants face sentences totaling up to 348 years in prison for the alleged rigging of the Aznalcóllar mining tender, including accusations of influence peddling, fraud, embezzlement and bribery. One crime voids tender and it must go to the next qualifying bidder, Emerita is the only other qualifying bidder. 1/ Mr. Juan Jose Garcia Bartolomé. Invercaria economist. Responsible for making the report on the solvency of the bidding companies. Member of the technical commission. 2/ Mr. Alberto Fernandez Bueno. Mining Engineer. Head of Mines Area. Junta de Andalucía. Member of the technical commission. 3/ D.ª Aurora Gomera Martínez. Mining engineer. Environmental Impact. Member of the technical commission. 4/ Mr. Luis Cordero González. Biologist. Head of the Protected Spaces Network Service. Member of the technical commission. 5/ Mr. Manuel Gil Calderon. General Administrator of the Junta de Andalucía. Member of the technical commission. 6/ D.ª M.ª of Pilar Orche Amaré. Mining engineer. Technical advisor. Member of the technical commission. 7/ Dª Maria Jose Asensio Coto. General Director of Mines. Junta de Andalucía. She has a degree in Economics and a PhD. Member of the hiring table. 8/ Mr. Juan Manuel Revilla. Head of Mining Organisation. Junta de Andalucía. Secretary of the hiring table. Member of the hiring table. 9/ Mr. Ivan Maldonado Vidal. Head of the Mining Service. Member of the hiring table. 10/ Mr. Jose Salvador Camacho Lucena. Secretary General of the Environment. Member of the hiring table. 11/ Mr. Julio Ramos Zabala. Head of the Recruitment Service of the Admon Ministry. Publish it. Member of the hiring table. 12/ Mr. Jose Marcos Acosta Plaza. Comptroller. Delegate of the Ministry of Finance and Admon. Publish it. Member of the hiring table. 13/ D.ª Pastora Sánchez de la Cuesta Sanchez Ibarguen. Ltrada. of the Board. Member of the hiring table. 14/ Mr. Vicente Cecilio Fernandez Guerrero. Lawyer of the Board and former director of SEPI. 15/ Mr. Mario López Magdaleno. Owner of Magtel. 16/ Mr. Isidro López Magdaleno. Owner of Magtel. Triple S Investing Report: https://cdn-ceo-ca.s3.amazonaws.com/1jkjo2j-TripleS%20Investing%20-%20Emerita%20Resources%20-%20Deep%20Dive%2011.11.24.pdf…
Key points. -Over 10 million in cash. -Majority of resource is in the CU, AU zone open for expansion -MC of 30 million with 1/3 in cash +9000 meter to release form 2024 drill program.

1 $NICU $MGMNF Magna Mining Transformative Acquisition of KGHM Producing Copper Mine and multiple other Mines 46:39
Crean Hill PEA: https://ceo.ca/@newsfile/magna-mining-completes-updated-preliminary-economic Magna Mining Acquires Producing Copper Mine in Sudbury from KGHM International Ltd: https://ceo.ca/@newsfile/magna-mining-acquires-producing-copper-mine-in-sudbury Rick Rule interview with Jason Jessup CEO Magna Mining diving into Acquisition: https://www.youtube.com/watch?v=NHhNCds8sFU…

1 Discovery on both IBW and NT with new $21 million credit facility in place, Govt support & AZN 32:17
Update with David Gower CEO Emerita Resources EMO.V, EMOTF Topics covered: New cu/au high- grade discovery on El Cura within IBW project, $21 million credit facility by Nebari Resources Fund, discovery of gold and silver rich Gossan on NT package next to Rio Tinto mine, Granting of DSI distinction of strategic importance by the government of Spain on IBW, update and facts on coming Criminal trial for Aznalcollar Package which holds over $25 billion in high grade resources. Reference https://ceo.ca/@GlobeNewswire/emerita-discovers-new-gold-silver-rich-gossans-at-its https://ceo.ca/@GlobeNewswire/emerita-resources-announces-loan-financing-with-nebari https://ceo.ca/@GlobeNewswire/emerita-intersects-114m-of-massive-sulfide-grading https://ceo.ca/@GlobeNewswire/emeritas-iberian-belt-west-project-ibw-has-been https://x.com/drjimjonesceo/status/1824892917502087362?s=46&t=k3zzq9NGvHioMmUWtRBWIg https://x.com/drjimjonesceo/status/1806782561349407163?s=46&t=k3zzq9NGvHioMmUWtRBWIg…
Magna Mining site visit update $nicu $mgmnf https://x.com/drjimjonesceo/status/1818995303493648858?s=46&t=k3zzq9NGvHioMmUWtRBWIg. Blasting rock and stock piling high grade for Glencore’s mill in Sudbury.

1 As the clock ticks down to Aznalcollar, Emerita Resources update on EL CURA discovery with CEO. David Gower 39:01
With the Aznalcollar court date now under 8 months away, the company continue to driver value act it's 100% owned, zero royalty IBW project. Recently news: Emerita Intersects 11.4m of Massive Sulfide at El Cura, Extending the Mineral Deposit 60m Down Dip https://ceo.ca/@GlobeNewswire/emerita-intersects-114m-of-massive-sulfide-at-el-cura . @EmeritaRes $emo.v $emotf El Cura shaping up to be a meaningful discovery. Info to go with Podcast . @EmeritaRes @EmeritaEspana $emo.v $emotf Court document from 2016 outlining all the irregularities and potential crimes in the awarding of Aznalcollar tender. https://cdn-ceo-ca.s3.amazonaws.com/1j7tvc0-Emerita.pdf Upgrading of crimes and number charged https://emeritaresources.com/news-and-media/news-releases/emerita-provides-update-on-new-developments-in-aznalcollar-court-proceedings-spain Court date https://emeritaresources.com/news-and-media/news-releases/court-date-has-been-scheduled-for-aznalcxf3llar-criminal-trial Resources on AZN https://ceo.ca/emo?3d3f5326a6f3 . https://ceo.ca/emo?da9d2f00a830 List of defendants https://ceo.ca/@drjimjones?618951dabdd5 Info on new mining laws in Spain supporting mining and creation of a +$3 billion fund to support projects in Iberian Pyrite Belt: https://www.emeritaresources.com/news-and-media/news-releases/emerita-mobilizing-for-diamond-drill-program-at-iberia-belt-west-provides-update-on-new-mining-regulations-and-european-union-incentives-for-andalucia-region…
Recent drill results highlight expansion of the Wine Gabbro high grade Ni, Cu, PGM zones as well as a new high grade zone discovered close to surface. Interestingly it seems the two zones maybe converging at depth into 1 large zone. https://ceo.ca/@newswire/nican-announces-initial-set-of-assays-from-2024-drilling Diamond drill hole Wine 24-1A, drilled to test down plunge of the Main Zone (Table 1 and Figure 2), intersected several zones of mineralization including: Diamond drill hole Wine 24-2 intersected 28.05 meters averaging 1.25% Cu, 0.59% Ni (0.94% NiEq), the deepest and most southerly intersection at the Wine Occurrence to date. Best, Doc Jones, shareholder of NICN…
AMQ update focused on geological model testing high grade shoots and open pit potential and other catalyst. Fully funded into 2025.
INTR is one of the best unknown copper plays in the market that has potential for large scale, high grade. Just read the presentation and look at the historical results. This is the first time these deposits and land package have been consolidated under one company. Presentation: https://www.intrepidmetals.com/images/pdf/presentation/2024/Intrepid_Metals_PPT_Feb_22_2024.pdf Press release this morning: https://ceo.ca/@newsfile/intrepid-metals-completes-first-4-drill-holes-at-corral "We are getting great recovery and we have extended two of our holes beyond the planned depth based on visual inspection of the core." "Intrepid Metals is a multi asset company focused on high-grade copper, silver and zinc projects in proximity to established mining jurisdictions in south-eastern Arizona, USA. The Company has acquired several drill ready projects, including the Corral Copper Project (a district scale advanced exploration and development opportunity), and the Tombstone South Project (within the historical Tombstone mining district and shares geological similarities to South 32’s Taylor Deposit) both of which are located in Cochise County, Arizona and the Mesa Well Project located in the Laramide Copper Porphyry Belt in Arizona. Intrepid has assembled an exceptional team with considerable experience with exploration, developing, and permitting new projects within North America. Intrepid is traded on the TSX Venture Exchange (TSX-V) under the symbol “INTR” and on the OTCQB Venture Market under the symbol “IMTCF”. Corral Copper Project advanced stage, 100% controlled copper project in Arizona Over 50,000m of historical drilling has been completed within the district, with near surface mineralization of copper, silver, zinc and gold, including 126.2 metres of 1.24% copper Robust land package of over 9,600 acres (15 square miles) of mineral rights including over 1,800 acres of Patented mining claims and surface rights Not investment advice, for educational purposes only. I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas). I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write is done free. My money where my due diligence is and I explain why. I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc. If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments. Twitter: https://twitter.com/drjimjonesceo Podcast channel: https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675 Research, research, research. I run a highly concentrated and due diligence focused portfolio. If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money. The best investment you can make is in your own education. I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted. Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night... Best, Doc Jones…

1 NICAN Ltd CEO Brad Humphrey $NICN bought deal, Multiple Mineralized Zones, Including 2.32% NiEq over 31.5 Meters 30:30
The hole that put them on the map recently: https://ceo.ca/@newswire/nicans-drilling-at-the-wine-project-manitoba-canada NiCAN's Drilling at the Wine Project, Manitoba, Canada Intersects Multiple Mineralized Zones, Including 2.32% NiEq over 31.5 Meters TORONTO, Jan. 31, 2024 /CNW/ - NiCAN Limited ("NiCAN" or the "Company") (TSXV: NICN) is pleased to report assay results from its Phase III drilling program on the Wine Property located in the Snow Lake area, Manitoba, Canada (Figure 4). This program expanded several mineralized zones at the Wine Occurrence, including an upper zone that appears to be eastward dipping, and advanced our understanding of the overall Wine Gabbro. Diamond drill hole Wine 23-29 intersected multiple zones of mineralization including, 31.5 meters averaging 1.90% Cu and 1.92% Ni (2.31% NiEq) (Table 1 and Figure 1) - the longest zone of continuous mineralization intersected to date, and also an Upper Zone averaging 2.20% Cu and 1.56% Ni (2.11% NiEq) over 9.6 meters (Table 2 and Figure 2) The Bought Deal: https://ceo.ca/@globenewswire/nican-announces-closing-of-bought-deal-private-placement Presentation: https://www.nicanltd.com/_resources/presentations/corporate-presentation.pdf?20240227…
Since the recording and broadcast on Twitter Spaces Magna released exceptional assays on Feb 20th: https://ceo.ca/@newsfile/magna-mining-provides-first-2024-drilling-results "Magna Mining Provides First 2024 Drilling Results, Including 1.1% Ni, 8.3% Cu, and 13.9 g/t Pt+Pd+Au Over 3.0 Metres Sudbury, Ontario--(Newsfile Corp. - February 20, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide initial drilling results from the 2024 exploration program at Crean Hill, targeting the near surface advanced exploration area of the 109 FW Zone. Highlights from the new assay results include: 109 FW Zone MCR-24-060: 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 metres Including 1.1% Ni, 8.3 % Cu, 13.9 g/t Pt + Pd + Au over 3.0 metres MCR-234-061: 0.6% Ni, 1.0 % Cu, 9.5 g/t Pt + Pd + Au over 14.7 metres Including 1.6% Ni, 3.5 % Cu, 12.5 g/t Pt + Pd + Au over 2.9 metres And 2.2% Ni, 1.2 % Cu, 28.7 g/t Pt + Pd + Au over 1.0 metres MCR-24-065: 0.2% Ni, 1.1 % Cu, 11.4 g/t Pt + Pd + Au over 10.2 metres Including 1.5% Ni, 10.7 % Cu, 16.0 g/t Pt + Pd + Au over 0.7 metres Dave King, SVP Technical Services stated, "Drilling results reported today are from the near surface portion of the 109 FW Zone. The objective of the current drilling is to define the continuity of the high grade core of the zone, and the limits of the low-sulphide, high precious metal mineralized envelope. The 2024 drilling to date confirms the continuity of metre scale massive sulphide veins, grading up to 1.1% Ni, 8.3% Cu and 13.9 g/t Pt + Pd +Au over 3.0 metres , within a broader mineralized breccia averaging approximately 12 to 15 metres wide, and grading up to 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 metres (Figure 1 and 2). Data acquired will be used to update the 109 FW zone geological model and will facilitate planning of our Advanced Exploration program scheduled to commence in the second half of 2024." Currently two drills are active at Crean Hill, with one rig supporting Advanced Exploration planning, and six drillholes have been completed to date. A summary of assay results is presented in Table 1 and drillhole collars are presented in Table 2. A second drill has been focused on testing high-priority exploration targets in the footwall of the Crean Hill orebody. A third drill has recently been mobilized to the Shakespeare site and has commenced regional exploration drilling. Magna is fully funded to complete 25,000 metres of exploration drilling in 2024."…
$AMQ $ANQFF drills on-site at the B26 Polymetallic Deposit (“B26” or the “Deposit”). The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 metres is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. This is the Maiden Drill Program at the B26 Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq) Recorded Feb 13th 2023 Since recording this news was released: https://ceo.ca/@newswire/abitibi-metals-provides-drill-program-update-at-the "To date, fourteen holes have been completed, totalling 4,275 metres. Drilling in this first phase is broken down between 3 targets along strike testing the first 300 vertical metres: B26 Main Deposit 11 holes have been completed at this target, totalling 3,159 metres. The key objective of drilling within the B26 Main Deposit is to evaluate the open pit potential and potential up-dip near-surface extensions of the main deposit to the north. This testing is distributed over a 1.2-kilometre strike length and concentrated in the first 200 metres vertical. Satellite West: 3 holes have been completed at this target, totalling 1,116 metres. Targeting the geometric continuity of a potential satellite zone 500 metres to the west of the main deposit. Eastern Extension: Drilling at the Eastern Extension target will commence at the end of February, subject to ground conditions. Targeting the expansion of the main deposit to the east where 2.45% Cu Eq over 26.7 metres* , including 4.74% CuEq over 11.7 metres (1274-14-167) was intercepted in historical drilling." Holes 1274-24-301, 1274-24-302 and 1274-24-304 were designed to confirm the geometry of the copper-gold stringer close to the surface. They were planned as a 5-hole fence covering a large gap in the model between the current resource at 150 meters depth and the northern bedrock interface. These holes are located to the north of 1274-13-104, which graded 3.45% CuEq over a length of 9.5 metres* from 64.5 to 74 metres. Observations to date on 1274-24-301 indicate strong sub-parallel chalcopyrite stringer from 50 to 85 metres which includes one interval showing chalcopyrite concentration above 10% from 49 to 59 metres and an interval with 20% chalcopyrite from 81 to 85 metres." https://x.com/drjimjonesceo/status/1757235616536777209?s=20…
Additional 8 min of analysis at the end of the Twitter Spaces https://x.com/drjimjonesceo/status/1755649675586158810?s=20 PRESS RELEASE https://ceo.ca/@newsfile/omai-gold-increases-indicated-mineral-resources-to-a42ad Omai Gold Increases Indicated Mineral Resources to 2.0 Million Oz Au and Inferred Mineral Resources to 2.3 Million Oz Au with Expansion of Wenot Deposit Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to report an updated Mineral Resource Estimate on its 100%-owned Omai Gold Property in Guyana. It includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, the Wenot Mineral Resource Estimate ("MRE") increased the Indicated MRE to 834,000 oz (10% increase) @ 1.48 g/t Au and the Inferred MRE to 1,614,000 oz (45% increase) @1.99 g/t Au. HIGHLIGHTS: The Omai Property hosts two gold deposits: the shear-hosted Wenot Deposit and the adjacent intrusive-hosted Gilt Creek Deposit ( figure 5 ), with combined updated MRE (over the October 2022 MRE) of: 1,985,000 ounces of gold (Indicated MRE), a 4 % increase 2,279,000 ounces of gold (Inferred MRE), a 28 % increase Wenot Deposit (a constrained pit approach is applied) 834,000 ounces of gold (Indicated), a 10% increase over the October 2022 MRE, and 1,614,000 ounces of gold (Inferred), a 45% increase 1.48 g/t Au grade of Indicated MRE, a 10% increase 1.99 g/t Au grade of Inferred MRE, a 16% increase 87% above 350m depth from surface (figure 1a) 39% of Wenot MRE is west of the historical pit, an area considered to be well suited to initial mining ( figure 1b ) Excellent exploration potential is evident along a 2.5 km length of the host Wenot shear corridor, with potential to expand within, adjacent to, below, and along strike Gilt Creek Deposit (an underground mining approach is applied) 1,151,000 ounces of gold (Indicated) at a grade of 3.22 g/t Au , as per October 2022 MRE 665,000 ounces of gold (Inferred) at a grade of 3.35 g/t Au , as per October 2022 MRE Hosted within a 500 m by 300 m quartz diorite intrusive stock that produced 2.4 million ounces of gold (1993 to 2005) from the upper 250m Located 500 m north of the Wenot Deposit and below the past-producing Fennel pit Characterized by very wide sub-horizontal zones of gold mineralization (figure 4) Open to depth and holds potential for lateral expansion Preliminary Economic Assessment ("PEA") This updated MRE will form the basis of the PEA, currently underway and expected to be announced in Q1 2024 Elaine Ellingham, President & CEO commented, "We are pleased to deliver another substantial increase to the Mineral Resource Estimate for our Omai Gold Project in Guyana. Also very importantly, there has been a notable increase in the gold grades. With this expansion, the contained ounces in our Mineral Resource Estimate exceeds the total gold produced from the former mine, and at similar grades. The Omai Gold Mine produced approximately 3.8 million ounces at an average grade of 1.5 g/t Au between 1993 and 2005, when the gold price was less than US$400/oz. When in production, Omai was the largest primary gold producer in South America, averaging over 300,000 ounces of gold annually. We believe that with the current Mineral Resource Estimate combined with the many benefits of a brownfields project, that Omai is proving the potential to rival its historical status." Details of the Mineral Resource Estimate for both the Wenot (updated) and Gilt Creek Deposits are presented in Table 1. The increase between the new Wenot MRE with the previous October 2022 MRE is detailed in a comparison in Table 2. Notes accompanying the 2024 MRE are shown below Table 2, summarizing the economic and technical assumptions, which include a gold price of US$1850 per ounce and metallurgical recoveries of 92% (consistent with historical actuals), and a 45o pit slope for Wenot......(See release)…
This is a great cause that we all should get behind it. Best, Doc Jones https://savecanadianmining.com/ Stop Predatory Short Selling In 2012 IIROC and CSA removed a trading rule known as the “tick test”, which restricted short selling to neutral or sales to positive price changes at the time of the sale. These changes were applied not only to the main listing venue of TSX Venture Exchange, but are equally applied across all Canadian trading venues, of which there are 14 today, reducing TSX Venture’s ability to effect any change. Since removal of the tick test, the Canadian markets have evolved, and there now exists a dynamic where short selling activities, high frequency trading, and algorithms are exploiting the lack of a tick test to the detriment of Canada’s junior markets. We call on CSA and IIROC to evaluate re-instituting the tick test. Save Canadian Mining is a movement to return market rules to the fair and transparent standard that helped deliver prosperity for over 142 years. Together, we can save Canadian mining.…

1 UPDATE with Magna Mining $NICU $MGMNF, hitting high-grades, fully funded 2024, getting closer to production. 34:41
Just run the numbers on 1500-2000 t/d at a conservative 2.5%-3% NiEq Todays assays for the first 6-8 years of production. Once again the drill results have consistently shown areas close to the surface modelled as low grade by the prior owners have returned high-grade resources that will increase Tons and Grade: Highlights from the new assay results include: Main Zone (750 Level Pillar) MCR-23-052A : 0.8% Ni, 1.3 % Cu, 2.0 g/t Pt + Pd +Au over 96.5 metres Including 1.2 % Ni, 2.5 % Cu, 3.1 g/t Pt + Pd +Au over 15.6 metres 101 FW Zone MCR-23-051: 1.1% Ni, 0.5 % Cu, 0.5 g/t Pt + Pd + Au over 13.6 metres And 2.5% Ni, 3.8 % Cu, 7.1 g/t Pt + Pd + Au over 1.3 metres And 2.9% Ni, 0.4 % Cu, 1.2 g/t Pt + Pd + Au over 2.0 metres And 2.8% Ni, 8.7 % Cu, 1.0 g/t Pt + Pd + Au over 2.4 metres MCR-23-054A: 4.1% Ni, 0.4 % Cu, 0.7 g/t Pt + Pd + Au over 3.7 metres " A provisional 2024 exploration budget has been authorized by the Board of Directors of Magna, which includes a total of 25,000m of diamond drilling that will be allocated between Crean Hill and Shakespeare. This 2024 drilling program will be funded by Magna's current cash balance. Magna's cash balance as of June 30, 2023 was $18.5 million." https://magnamining.com/wp-content/uploads/2023/08/magnamining-investor-presentation-aug-2023.pdf I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas). I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write is done free. My money where my due diligence is and I explain why. I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc. If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments. Twitter: https://twitter.com/drjimjonesceo Podcast channel: https://podcasts.apple.com/ca/podcast/due-diligence-by-doc-jones-resource-investor-hunting/id1568221675 NOT INVESTMENT ADVICE.…
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