ONE MILLION DOLLARS

“I love Venn diagrams. I really do. I love Venn diagrams. It’s just something about those three circles and the analysis about where there is the intersection, right?” —Kamala Harris, October 28, 2022

$CAMB.V | $CAMVF Cambria Gold Mines is targeting another restart of the Premier gold mill in northern British Columbia for late next year after insufficient underground feed derailed its first production ramp-up. Cambria plans to recommission the 2,500-tonne-per-day mill in the fourth quarter of 2027 and ramp it up through 2028. The Premier Gold Project lies near the port of Stewart, on Nisga’a Nation Treaty Lands about 880 km northwest of Vancouver. “Sufficient mineralization is accessible to Premier Gold Project commence mining, which would be subsequently augmented by Red Mountain once construction is complete,” said President & CEO Robert McLeod in a statement on Monday. The timetable marks another bid to establish steady production at a complex where Cambria says $538 million (US$377.3 million) has been spent since 2021. An updated feasibility study, delayed from the current quarter to the first half next year, is to provide the next step by setting a revised mine plan, production schedule and restart cost. Cambria Gold shares were unchanged at 77¢ apiece in mid-Monday trading, having fallen 74% over the past 12 months. The stock has traded between 60¢ and $3.50 over that period, giving the company a market capitalization of about $287 million at Monday’s price. Analysts expect Cambria to progress towards commissioning in the fourth quarter of 2027 / first quarter of 2028, one quarter later than the company’s target. McLeod’s team assumed management of Ascot Resources on Dec. 30, 2025, as the company began its recapitalization. Ascot completed a $175-million financing on Jan. 27 and changed its name to Cambria Gold on Feb. 13, while Premier and Red Mountain remained within the same corporate group. Cambria has also received more than $45.9 million from warrant exercises. Feed plan Cambria plans to begin with material from Premier, Silver Coin and Big Missouri before adding Red Mountain feed. Silver Coin and the high-grade Premier deposit will be the main focus for the restart. It expects to resume underground development at Premier Northern Lights in the current quarter and start work at Silver Coin next spring. Blending material from Premier with wider, lower-grade structures at Big Missouri could help fill the mill and reduce the risk of waiting for the Red Mountain road. That approach could also conserve capital, although more definition drilling and resource work would be needed to ensure mined grades match the model. Cambria is drilling Premier on 12.5-metre centres to improve confidence in the geological model. Planned mill work includes a new crusher and conversion of an unused clarifier to a pre-leach thickener. A fine-grinding mill and second cyanide-detoxification tank would be added before processing Red Mountain feed. Premier’s 2020 resource estimate lists 4.14 million indicated tonnes grading 8.01 grams gold per tonne for 1.07 million oz., plus 5.06 million inferred tonnes at 7.25 grams for 1.18 million ounces. Red Mountain contains 3.19 million measured and indicated tonnes at 7.63 grams for 783,000 oz., plus 405,000 inferred tonnes at 5.3 grams for 69,300 ounces. The company received a Fisheries Act authorization late last month, the final permit required to resume construction of the Red Mountain access road. The approval allows work in Bitter Creek to rebuild sections damaged by a 2013 storm. Cambria aims to reach Bromley Humps, about 12 km from Highway 37A, by year-end before completing the alpine section next year. Cambria plans to truck Red Mountain material about 50 km through Stewart and Hyder, Alaska, to the Premier mill. It is also studying an aerial tram or rope conveyor between the deposit and Bitter Creek after the first year of operations. The road is fully permitted, but Cambria still needs major mine authorizations for both projects and an amendment to Red Mountain’s environmental assessment certificate. Premier’s water-treatment plant hasn’t consistently met permitted zinc-discharge limits since it was built in 2024. Cambria took operations in-house from a contractor, hired specialists and upgraded pumps, valves and pipes it described as neglected.

My fellow Hydrograph $HGRAF investors, allow me to share a true story that might resonate with you. In February 2020, just before the Covid lockdowns, I bought natural gas producer Antero Resources $AR at $1.70. That particular account of mine had been losing, so I invested all of it. A larger than usual amount, but not excessive. Anyway, the shares started dumping the instant I hit Submit. And continued dumping, bottoming out at $.67 at the April 2020 Covid low. So I was down about 60% on the trade. Natural gas was at $1.50, a multi-decade low. I basically said eff if, let it ride. It took off along with the rest of the stock market. Nat gas surged to about $10. I ended up selling Antero in Sept 2022 at $37.

Las tres mayores causas de muerte de la historia de la humanidad son: el comunismo, el Islam y el aborto. Y la izquierda apoya a las tres.

$hgraf Based on my napkin math, it would only take a few small orders, totaling 50 tons P.A. (per annum), in addition to the interest on their Cash in the bank, to be at the break even. It would IMHO be a CRAZY time to sell shares given how close HG is to positive cash flow.

We are fortunate to have a highly sought-after suite of metals at #Berenguela. Our #silver, #copper, and #manganese could give Aftermath a competitive advantage. Watch: youtube.com/watch?v=Tskschsg… 🇨🇦 #TSXV: #AAG $AAG.V 🇺🇸 #OTCQX: #AAGFF 🇩🇪 #FRA: #FLM1

“Recovery is independent of mineralogy (across the 1.5km silver deposit). Wherever you go, you will find recoveries of >90-95%.” – CEO Joaquin Marias describing Argenta Silver’s preliminary metallurgy study (Sept 21 2026 News Release) with @KitcoMining & @PaulHarrisGold There’s a lot on the horizon with Argenta Silver including more assay results, the final metallurgy study, and an updated MRE (spring 2027). Watch the full interview here: youtube.com/watch?v=iaCnjD-i… 📈 TSXV: AGAG | OTCQX: AGAGF #Argenta #ArgentaSilver #AGAGF #AGAG #silver #silvermine #PureSilver #SilverDiscoveries #SilverStocks

There is no public evidence that shows that $HGRAF technology, regulatory position, manufacturing plan or commercialization pipeline suddenly deteriorated alongside the share price?? Nothing has changed and they’ve hit many of their 2026 milestones. Just wait it out.

Silver Storm is advancing La Parrilla toward steady state. The priorities ahead include ramping up production and expanding the resource base through the ongoing drilling program. Follow the growth path: ow.ly/9ORH50ZRpo8 TSX.V: $SVRS | OTCQX: $SVRSF | FSE: $SVR

RT @JGF2022: Presentation coming up at 12:40PM. HydroGraph $HGRAF

Total victory for free world

Emperor Metals is advancing the Duquesne West Gold Project through exploration and resource growth while continuing work at Lac Pelletier, which brings additional development potential to the company’s portfolio. Both projects are located in Quebec’s prolific Southern Abitibi Greenstone Belt. Projects: bit.ly/4fSK9AH $AUOZ.C $EMAUF #Gold #Quebec

Equinox Gold’s President, Jason Simpson, spoke at the Mining Forum Americas conference last week, sharing his vision for the company and his strategy to unlock the value of our portfolio. Jason will assume the role of CEO on November 1, leading Equinox Gold through its next phase of growth. Learn more about Jason and Equinox Gold’s future: bit.ly/3TBjTCw #EquinoxGold #GoldMining #Gold #EQX

Missed CEO @DanDickson_ 's presentation at Precious Metals Summit Beaver Creek 2026? Watch the replay as Dan shares updates on Endeavour Silver's progress, growth strategy, and outlook. Watch the presentation: buff.ly/qslMqN2

Socialism is the high school group project. You do all the work, as your teammates wank off. Because you are responsible, you pull all-nighters to get it done, then they all get the same grade as you. Now multiply that by a billion and the teacher has a gun. That's socialism.

Je ne sais pas à quel point les gens se rendent compte que tout est en train de basculer. Ce matin, Pedro Sánchez a dissous les Cortes. Élections le 29 novembre. Ce n'est pas une info espagnole. C'est un signal. Je le répète depuis longtemps : nous allons vivre un nouveau 1789. Ou plutôt un nouveau 1989. La chute d'un mur qu'on ne voit pas, celui du communisme mental. Cette social-démocratie progressiste qui gouverne nos vies depuis des décennies, qui ment, qui corrompt, qui escroque, et qui a fini par se prendre pour l'ordre naturel des choses. Ça a commencé en Amérique du Sud. Argentine, Bolivie, Chili, Pérou… un pays après l'autre, des peuples qu'on disait condamnés au socialisme ont repris leur destin en main. Là-bas, le mouvement de libération est presque achevé. Il traversera l'Atlantique. Il est déjà en train de le faire. Et quand le mur tombera, on verra enfin qui le tenait debout. Les institutions supranationales : l'ONU, l'OMS, la Commission européenne, Davos. Toute cette technocratie que personne n'a élue et qui décide de tout. Les médias subventionnés, qui ne vous informent plus, ils vous rééduquent. La culture officielle : Hollywood, les cérémonies de récompenses devenues des tribunes politiques, les artistes qui vous font la morale depuis leur villa à Malibu. Le sport, transformé en vitrine militante où l'on exige des athlètes qu'ils récitent le catéchisme avant le coup d'envoi. Tout ça forme un seul et même système. Un empire du mensonge. Et les empires du mensonge finissent toujours de la même façon : d'un coup, après avoir semblé éternels pendant des décennies. Demandez à Berlin. Ce qui vient après n'est pas le chaos. C'est une renaissance totale. Libérés de ce poids, nos pays vont retrouver ce qu'ils avaient oublié : l'envie de construire, de créer, de prendre des risques. Et ça arrive au moment exact où s'ouvre l'ère de la superintelligence. L'abondance, la science, l'espace. Ce ne sera plus de la science-fiction. Et comme d'habitude, l'histoire prouvera une chose : il ne faut jamais parier contre Elon Musk.

The Jets ran 32 offensive plays to Chicago’s 89 today. That’s the second worst ratio in a single game in NFL history, behind only the expansion Browns first game back in 1999 against the Steelers (28 to 90). (H/T @Stathead)

Sunday sweepies

PJ Fleck was asked after the game how he's able shut out the haters and continue being himself despite the heat he takes publicly. His message, per usual, is worth a listen no matter what you think of the Minnesota Gophers' head coach. "We will never ever, ever, ever take winning for granted... I don't think there's any reason for anybody in this world, no matter who you are, to apologize for who you are. As long as you are being the best, most authentic, most real version of yourself every day, and you're changing your best, and you're doing good in the world. You do that, don't you ever change... Be yourself."