What Ever Happened to …..
Cobalt (The Battery Metal)
Eldorado Gold ( in Greece)
Garibaldi ( Base metals…Voisey’s Bay 2)
Novo Resources ( Gold in The Aussie Outback) ( Witswatersrand 2)
Northern Dynasty ( World’s Richest and Largest Mineral Deposit)
Personal Note:
I had em all at some point in time…sold em all too….never made a penny
sheesh
Last but Not Least:
What about Bob ?
Party pooper Fully. But it sure does look like Bob is a dead duck. What the hell am I going to do with all these silver eagles?
I wish (a) I had a place to put silver eagles (or dead ducks) and (b) I knew you and how to access your dead ducks. If so I’d gladly make an offer, though maybe not a good one.
Decades ago I had a wonderful landlord who was a bit of a wheeler-dealer. His philosophy was that there was always a price for everything. As an example: He didn’t know much about paint, or boxcars, or railroad siding space rents. However he heard of a boxcar full of paint in the area. He did a little research and before long was the temporary proud owner of a boxcar of paint after making an extremely lowball bid. I wish I could get your dead ducks/eagles but the logistics would be too much of a pain. I think they would be nice to own.
Your questions may be whimsical ones, not intended for answers, but indulge me some comments, please.
Garibaldi I have been following ever so slightly, from a distance. I noted some enthusiastic comments here a while back. More recently I have been following some skeptical comments from “Otto” at incakolanews.blogspot.com and especially a site he links to, angrygeologist.com. Angry Geologist’s comments are over my head, but the gist of her impression may be that the company has been deliberately and in bad faith drilling the same small deposit that has been well known for many years in order to get predictable results and withholding bad results from the public for way too long; also using grade smearing. Otto wryly has suggested that this is a case where Sprott has been hornswoggled, if I I recall correctly(possible, not certain). See https://angrygeologist.blogspot.com/2019/04/garibaldi-final-cuts.html for AG’s most recent. Personally, I might well have been stupid enough to have bought some during the early promo time except that I didn’t have enough cash but I did have access to IKN and AG type stuff.
Northern Dynasty seems to be a massive property with a lot of gold and copper, low grade, that apparently has been passed over by any number of seniors for many years, noses held. Promoters and speculators make lots of money breathlessly touting the gazillions of ounces contained. Organizations supposedly protecting the environment or their promoters make lots of money describing with symmetrical enthusiasm the devastations that would occur if the project were to be developed. Public relinquishes lots of money to both as the stock price goes up and down.
Novo is an interesting gamble. There is a lot of gold, probably in a relatively thin layer, superficially located, in a large dry remote region. The means of assessing how to mine it may require innovation (it’s interesting to study). Those of you who want to make fun of it but like to admire KL may want to rethink inasmuch as KL owns a chunk of NVO (bought from NEM). I personally do not think of it as a loser. I bought and bought as it was going down. I bought when Spock said to buy. I bought more after he said to sell, including even more near its low, when Otto pointed to it as a pure gamble that he was not recommending (though he pointed out it was an interesting gamble). I bought it thinking of it as an out and out gamble and could just as easily have lost all I put into it as gained. I sold a significant chunk as it was backing off its high and am happy to own the rest. I do many stupid things, but here I succeeded with dumb luck. In any case, NVO–the geology, the challenges of analyzing the deposit and how possibly to mine is interesting. There are videos and press releases. But it is an extreme gamble.
Silver is interesting, but too long to go into, of course. There was something I saw recently (a Kitco interview???) that seemed to explain Cobalt’s price moves–maybe someone else remembers it. I totally forgot where it was and what it said.