- The Next Big Rush
- Posts
- ⛏️ Quiulacocha Metals Feast
👷♀️ Greetings Contrarian!
Long Angle: A Vetted Community for High-Net-Worth Entrepreneurs and Executives
Private, vetted community offering confidential discussions and education
Entrepreneurs and executives, 30–55 years old, with $5M to $100M net worth
Preferential access to top-tier alternative investments
📝 Here are the highlights
👏 Quiulacocha Metals Feast
🤩 69 Million Investment
🐦 Uranium — Is It Right For You?
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
👏 Quiulacocha Metals Feast
Cerro de Pasco Resources (CSE: CDPR) reports additional assay results from the Quiulacocha Tailings Project in Peru.
Highlights:
19 metres of 73.09 g/t silver, 2.10% zinc, 0.90% lead, 27.30 g/t gallium.
19 metres of 55.44 g/t silver, 1.64% zinc, 0.70% lead, 26.21 g/t gallium.
21 metres of 54.71 g/t silver, 1.50% zinc, 0.70% lead, 31.05 g/t gallium.
Cerro states that the latest results exceed expectations, especially for silver and gallium, with gallium providing additional upside. As we type, speculators are unfazed, with the stock up just 1.5%, suggesting they’re still processing the news.
🤩 69 Million Investment
Patriot Battery Metals (TSX: PMET) secures a C$69 million investment from Volkswagen, acquiring 9.9% of shares. Volkswagen also commits to a 10-year offtake agreement annually for 100,000 tonnes of spodumene concentrate from the Shaakichiuwaanaan Lithium Project in Québec.
This partnership boosts Patriot's position in the North American and European battery supply chains. Collaboration plans include joint development, ESG initiatives, and a potential chemical conversion facility.
The agreement is set to close in mid-January 2025.
📰 In Other News
🐦 Uranium — Is It Right For You?
Just because a fund like 𝗦𝗮𝗰𝗵𝗲𝗺 𝗖𝗼𝘃𝗲 invests in a #uranium stock doesn’t mean it’s right for you. For them, it might be a rounding error. If you don’t know 𝒘𝒉𝒚 you own it, 𝒉𝒐𝒘 to exit, or 𝒉𝒐𝒘 𝒎𝒖𝒄𝒉 to allocate, don’t blindly follow. Always DYOR.
— Praise ꓘeK Inquisitor (@PraiseKek)
6:43 PM • Dec 17, 2024
How Are We Doing?Today's mining news was: |
Happy Speculating!
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
Would you like to update how frequently you receive our emails? 📬
Reply