Palamina – Drilling Update; Initial Drill Results From Sol De Oro East Zone On The Usicayos Gold Project, Peru
Andrew Thomson, President and CEO of Palamina (TSX.V:PA & OTCQB:PLMNF) joins me recap the initial drill results from the Usicayos Gold Project in Peru.
Despite some market disappointment leading to a stock drop, Andrew details the results from the Sol De Oro East zone and visual gold from the Sol De Oro South zone, explaining the scout drill program and encouraging consistent gold grades encountered. He dives into the challenges faced during drilling, the structures and mantos identified, and the enthusiasm around hitting visible gold and mineralized intrusives. Andrew also talks about future drilling plans, the importance of further tests, and the optionality within Palamina’s portfolio, including their copper and silver projects and equity and royalty in Winshear Gold’s project, being drilled currently.
If you have any follow up questions for Andrew please email me at Fleck@kereport.com.
Click here to visit the Palamina website to learn more about the Company.
Wolfster, I doubt that we’ve seen the last of the woke agenda but hopefully I’m wrong. As for the PMs I have no concerns. I think this quarter will shape-up very well as we head higher for many months to come unburdened by what has been in 2024. 😉
The miners performed well relative to the metals today which is a particularly good sign since the metals got hit pretty hard…
https://stockcharts.com/h-sc/ui?s=SILJ%3ASLV&p=D&yr=1&mn=0&dy=0&id=p02954636741&a=1822493382
HELLO GOOD CITIZENS OF THE USA………………..
Now the real job begins……. HAVE A GREAT ONE…………. 🙂
Every new administration in Washington begins in an atmosphere of expectant good will. For four long years the gates of The White House have been guarded it is Trump’s job to open them up to the public figuratively speaking and allow a period of normalcy to ensue.
Trump is a businessman; the affairs of business and businessmen needs to be trusted not distrusted. America needs to return to its roots where business is the high altar of society. DT
Dems/RINOs are not going to be able to shake Trumpster Administration UP, …. like they did before….
Nancy sure is not going to rip up his plan…….
DOJ…. is going to change and there might be some claw back on all those gains from corruption ….
Still missing TRILLIONS …. and the public might be interested in where it all went….
HEY…….. EX………… sorry, … I posted this before seeing your comments earlier…..
I will try … to keep my comments on POLITICS…. IN THE ORPHAN SECTION… 🙂
HAVE A GREAT DAY…..
But…. gold and silver GOT SMACKED DOWN…. because of POLITICS….. 🙂
All good OOTB. Yes, gold and silver did get smacked because of politics. Again, if the political comments specifically relate to the markets and economy, then bring them on.
Sadly, the vast majority of political comments, opinions, and declarations have nothing to do with the economy or markets. They are often divisive and create arguing and in-fighting, and those kinds of threads are best left to the political page, which is geared specifically for those kinds of debates.
I read somewhere that gold could tank to 2650, looks like he was right.
Its still going to multiples of where we are now. The bull is supposedly going to go on for 10 years.
The fabulous wealth was and still could be bitcoin.
When I look back and the price now, it was pretty foolish to be so focused on gold. Other than Keiser who knew?
There is talk of making it a reserve.
I’m still not selling my gold.
DITTO……….”I’m not selling my gold”……
Bitcoin…. was a big missed opportunity…Bob M.,,, as you said over in the ORPHAN SECTION
missed it completely…. AT THAT TIME, who knows were it goes from here……
Bitcoin has been around for 10 years gold has been here for 5000 years, IN GOLD I TRUST! DT 🤣
Nvidia hit an all-time high today, at $144.63, that’s up around $114 billion in market cap. Trump has inherited a stock market that is at a glittering peak. The fall is yet to come but the peak always reaches a feverish high before the crash. Nvidia Corp could really start to rally much higher with Trump’s political win, but he might find he is the next Herbert Hoover, the right man at the wrong time. History can be cruel. DT
Yes, I think you are going to be correct…DT….. JMO
Nvidia closed at $145.61 A NEW ALL-TIME HIGH UP$5.70 ON THE DAY, but when you have 24.5 billion shares outstanding that translates into an increase in market cap of $139 billion 650 million in one day. If that doesn’t make you think nothing ever will! ASTOUNDING! DT
The dollar jumped “impulsively” so it is bullish but gold has held up well relatively speaking. It was around 2400 when the dollar hit this level in June…
https://stockcharts.com/h-sc/ui?s=%24USD&p=D&yr=1&mn=3&dy=5&id=p17935982612&a=1769895598
So we got the Trump win so no more lefty woke Agenda. That’s great but what a crushing of PM’s and base metals.