I mean, Erik, really? This guy is just changing caps and doing placement by placement for companies. First, his remuneration should be disclosed. Second, if I were you I would wait until any of his pitches (ie Laiva Gold etc.) turn into shareholders profits before I would grant him a seat here.
personally I benefited a good deal from Jeremy's confident views on gold.. so please keep these updates on his ideas or activity coming Erik.. have you looked for other means of exposure to tungsten? some listed or more liquid options perhaps?
I know. It was good to hear someone with a bold view. GMET is a listed tungsten miner. Almonty is the other. It's the company which owns the other mine in Korea.
Thanks for bringing up tungsten. I was in the rare earths trade back in 2009 when Nick Curtis was still the founder / ceo of Lynas, so I’ve always had a natural tendency to follow and learn about these kinds of strategic mineral stories.
When it comes to getting exposure to the space, what’s your take on Jeremy’s company? It's clear he is a promoter, for good or bad.
And if we’re looking for quality companies with real assets, is Almonty really the only other option out there? Curious to hear your thoughts.
Hi. Tungsten is new to me, so I don't know all the companies. That's why I found it useful to hear from Tiger Kim, who seems like a maniac.. (in a good way). It was educational. GMET in London is the other mine Jeremy mentioned, but it looks like it is exploration stage scrubland in Nevada with a $160mn market cap. And yes he's promotional, but I think you have to be a bit promotional in this business. It takes money to get these mines back into production and people need to hear the operating leverage which can happen. I'm always hyper focused on the risks, so I don't mind being reminded of the bull case. And I give Jeremy credit that he thought Tungsten could really squeeze back in 2022 (or 23?) when he was acquiring the mine in Brazil. Back then the bull case was not as clear. He knew it had been a bear market for decades and saw everyone throwing in the towel, which was what got him interested. At the time I thought it was a bit of a weird distraction. Of course, we all have to be aware of the risks too. Mining can be such a terrible business when the cycle is against you.
A good exposure on Tungsten is Fireweed Metals in Canada. Project developed by the Lundin family. Ticker FWZ and traded in Toronto.
Thank you.
I mean, Erik, really? This guy is just changing caps and doing placement by placement for companies. First, his remuneration should be disclosed. Second, if I were you I would wait until any of his pitches (ie Laiva Gold etc.) turn into shareholders profits before I would grant him a seat here.
My understanding is Laiva was acquired by Edgemont and just completed an $8mn private placement.
So maybe Jeremy is allowed to move on to other things? And credit to him. He bought a Tungsten mine when nobody was talking about Tungsten.
I also found it useful to learn about who is developing Tungsten mines and where.
personally I benefited a good deal from Jeremy's confident views on gold.. so please keep these updates on his ideas or activity coming Erik.. have you looked for other means of exposure to tungsten? some listed or more liquid options perhaps?
I know. It was good to hear someone with a bold view. GMET is a listed tungsten miner. Almonty is the other. It's the company which owns the other mine in Korea.
👍
Thanks for bringing up tungsten. I was in the rare earths trade back in 2009 when Nick Curtis was still the founder / ceo of Lynas, so I’ve always had a natural tendency to follow and learn about these kinds of strategic mineral stories.
When it comes to getting exposure to the space, what’s your take on Jeremy’s company? It's clear he is a promoter, for good or bad.
And if we’re looking for quality companies with real assets, is Almonty really the only other option out there? Curious to hear your thoughts.
Hi. Tungsten is new to me, so I don't know all the companies. That's why I found it useful to hear from Tiger Kim, who seems like a maniac.. (in a good way). It was educational. GMET in London is the other mine Jeremy mentioned, but it looks like it is exploration stage scrubland in Nevada with a $160mn market cap. And yes he's promotional, but I think you have to be a bit promotional in this business. It takes money to get these mines back into production and people need to hear the operating leverage which can happen. I'm always hyper focused on the risks, so I don't mind being reminded of the bull case. And I give Jeremy credit that he thought Tungsten could really squeeze back in 2022 (or 23?) when he was acquiring the mine in Brazil. Back then the bull case was not as clear. He knew it had been a bear market for decades and saw everyone throwing in the towel, which was what got him interested. At the time I thought it was a bit of a weird distraction. Of course, we all have to be aware of the risks too. Mining can be such a terrible business when the cycle is against you.
The best deals never leave Texas!
Is there Tungsten in Texas?