Perhaps OREAF (a Gold exploration & acquisition mining company that uses some green-energy like hydrogen fuel cells & solar; along with ground-penetrating drone-mapping technology to target key deposits) may continue increasing through Q1 2026. PHO (fresh water) & WEAT ( wheat ) are at the base measuring in % gains to compare to the gains of OREAF and Gold at the top of the chart. The SAHMREALTIME ( Real-time Sahm Rule Recession Indicator ) in red near the middle of the chart allow one to see the effects of the market price during the recessions also. The DGS1MO ( 1-Month Treasury Constant Maturity Rate ) is in yellow at the top left price panel for comparison to OREAF & Gold when the DGS1MO suddenly falls (sometime right before a recession heats up. If there is an "inflationary recession or depression", then Gold will often increase in market price; however if there is a "deflationary recession or depression" then Gold price may fall (not always but mostly). The inflation rate is marked at the top in stepped white pattern as symbol USIRYY ( United States Inflation Rate, YoY USIRYY ).
Comment:
+2.92% ( Market Closed: as of Nov 18, 15:32 EST )
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-1.59% (ETH - Extended Trading Hours)
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+1.42% (ETH - Extended Trading Hours)
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Nov 25 to Nov 30: -0.57% (ETH - Extended Trading Hours)
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+7.62% (ETH - Extended Trading Hours)
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+6.19% (ETH - Extended Trading Hours)
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-4.67% (ETH - Extended Trading Hours)
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+59% (past 30 days)
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The next 3-months may have an increase. The Q1 2023 data may result in the positive gain to keep up with the further effects from the recent inflation. Perhaps, in the +2.66% to +6.66% zone for the Q1 2023 gain.
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There may even be a +20% possibility for the Q1 2023 data.
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still on target
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still on target. gold mining is expected to rise as the price of gold continues to increase.
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gold is expected to increase over the next 24 months
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+3.68% (past 1 month)
+29.46% (past 6 months)
+29.46% (past 6 months)
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+58% (since Nov 17, 2022 when this idea was published)
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1-Month Treasury may decrease around 2024-01 to 2026-01:
Comment:
"Aug 30, 2022 Reminder": "At the time of writing (see chart below this comment for inverted yield curve), 2022-08-30, it appears that the "3-month Treasury" is still increasing well above the "10-month Treasury"; which may not be a favorable outcome in 3 to 24 months"... "Meaning around 2022-11 to 2023-03 to around 2024-09 at the very latest; based off of the time of writing this analysis. "
Inverted Yield Curve Monitor: US 3-month versus 10-Year Treasury:
Inverted Yield Curve Monitor: US 3-month versus 10-Year Treasury:
Comment:
"may not be a favorable outcome in 3 to 24 months" in the "Aug 30, 2022 Reminder" above in the "Inverted Yield Curve Monitor: US 3-month versus 10-Year Treasury" may result in a positive gain for Gold and Gold mining.
Comment:
+16.23% (past 1 month)
+60.39% (past 6 months)
+60.39% (past 6 months)
Comment:
Zimbabwe is discussing gold for a new digital currency. If more countries begin to stock up, then the market price can continue to increase over the next 24 months.
Comment:
Still on target. I'm holding this one long.
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Recession is getting closer. Then gold is expected to rise after it is officially announced as official status.
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Indicator at base in above chart:
Recession Warning Traffic Light
Recession Warning Traffic Light
Comment:
1-week view with 1-week top indicator signaling a possible neutral position on the weekly:
Comment:
"VANCOUVER, BC, June 9, 2023 /CNW/ - Orea Mining Corp. (OREAF) ("Orea") (FSE: 3CG) provides an update on the closing of the acquisition of the additional 55.01% interest (for a total of 100%) in the Montagne d'Or gold project holding company ("HoldingCo") (the "Acquisition") in French Guiana, France."
"The closing of the Acquisition was scheduled for February 27, 2023, but was delayed due to sanctions imposed by the Canadian government on Nord Gold PLC's ("Nordgold") Russian controlling shareholders on February 23, 2023. Global Affairs Canada ("GAC") is the department within the Canadian government responsible for matters related to sanctions; GAC is ultimately the responsibility of the Minister of Foreign Affairs (the "Minister"). GAC received Orea's sanctions application on March 2nd, 2023."
"Orea's application was rejected principally based on the interpretation of the Minister that Orea cannot guarantee that any potential future C$100 million payment to Nordgold, would be paid into a frozen account, if sanctions still apply at the time of the payment. Even though the agreement with Nordgold expressly prohibits such payment, the Minister is of the view that Orea could circumvent sanctions and pay Nordgold C$100 million into a non-frozen bank account. Orea has communicated with GAC several times post the rejection, that the agreement with Nordgold makes it contractually impossible to circumvent sanctions to make the C$100 million payment into a non-frozen account."
CANADA NEWSWIRE 7:30 AM ET 06/09/2023
SOURCE Orea Mining Corp. (OREAF)
www.newswire.ca/news...pdate-883240757.html
"The closing of the Acquisition was scheduled for February 27, 2023, but was delayed due to sanctions imposed by the Canadian government on Nord Gold PLC's ("Nordgold") Russian controlling shareholders on February 23, 2023. Global Affairs Canada ("GAC") is the department within the Canadian government responsible for matters related to sanctions; GAC is ultimately the responsibility of the Minister of Foreign Affairs (the "Minister"). GAC received Orea's sanctions application on March 2nd, 2023."
"Orea's application was rejected principally based on the interpretation of the Minister that Orea cannot guarantee that any potential future C$100 million payment to Nordgold, would be paid into a frozen account, if sanctions still apply at the time of the payment. Even though the agreement with Nordgold expressly prohibits such payment, the Minister is of the view that Orea could circumvent sanctions and pay Nordgold C$100 million into a non-frozen bank account. Orea has communicated with GAC several times post the rejection, that the agreement with Nordgold makes it contractually impossible to circumvent sanctions to make the C$100 million payment into a non-frozen account."
CANADA NEWSWIRE 7:30 AM ET 06/09/2023
SOURCE Orea Mining Corp. (OREAF)
www.newswire.ca/news...pdate-883240757.html
Comment:
More Orea Mining Corp. (ORWAF) news or press releases can be found here:
www.newswire.ca/news/orea-mining-corp./
www.newswire.ca/news/orea-mining-corp./
Comment:
−71.17% today in one day
Sanctions seem to be very heavily referenced in today's article or press release above.
Sanctions seem to be very heavily referenced in today's article or press release above.
Comment:
1-month with 1-week top indicator (effects from Sanctions perhaps):
Comment:
0.0167USDD
−0.0502 −75.06%
Last update at Jun 9, 11:39 EDT
−0.0502 −75.06%
Last update at Jun 9, 11:39 EDT
Comment:
Comment:
Post-Sanctions effect
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1-day view with 1-day top indicator 2023-06-12 to 2024-01
Comment:
"Orea Announces Resignations and Wind-up"
February 14, 2024
"Vancouver, BC, Canada, February 14, 2024, Orea Mining Corp. (“Orea”) (OREA: TSX) (OREAF: OTCQB) (3CG: FSE) is providing an update to its default status report last filed on January 30, 2024. The Company reports that it has exhausted all possible options to move the Company and the Montagne d’Or gold project forward due to the extenuating circumstances resulting from international sanctions imposed against its joint venture partner Nord Gold plc (“Nordgold”). "
"Nordgold is solely responsible under the terms of the joint venture to fund all project expenditures, with Orea being fully carried. Nordgold has not provided funding in nearly 2 years since the Russian invasion of the Ukraine, and under sanctions regulations, Orea is also restricted from directly funding Montagne d’Or expenditures. Orea’s proposal to acquire Nordgold’s 55.01% interest in Montagne d’Or received approvals or non-objections from all applicable jurisdictions but was not approved by the Canadian government. Orea’s situation has become untenable with no viable legal path for Orea to advance the Montagne d’Or project in the absence of Canadian government approval."
"Effective immediately, all officers including the CEO, CFO and Corporate Secretary have resigned, and all directors have also resigned from the board. Prior to its resignation, the Board appointed Danielle Sweeting as an authorized signatory. Mrs. Sweeting will be identifying suitable professionals and advisors to proceed, if applicable, with the orderly wind-up of the Company. Mrs. Sweeting is a long-time employee, familiar with all of the Company’s systems and records."
"Further, the Company advises that it will not be filing its audited annual financial statements and corresponding management’s discussion and analysis, and the Annual Information Form (AIF) for the year ended September 30, 2023, including the CEO and CFO certifications that were due to be filed by the required regulatory filing deadline of December 29, 2023."
Danielle Sweeting
Authorized Signatory
Orea Mining Corp.
News Source (official domain): oreamining.com/news/...nations-and-wind-up/
February 14, 2024
"Vancouver, BC, Canada, February 14, 2024, Orea Mining Corp. (“Orea”) (OREA: TSX) (OREAF: OTCQB) (3CG: FSE) is providing an update to its default status report last filed on January 30, 2024. The Company reports that it has exhausted all possible options to move the Company and the Montagne d’Or gold project forward due to the extenuating circumstances resulting from international sanctions imposed against its joint venture partner Nord Gold plc (“Nordgold”). "
"Nordgold is solely responsible under the terms of the joint venture to fund all project expenditures, with Orea being fully carried. Nordgold has not provided funding in nearly 2 years since the Russian invasion of the Ukraine, and under sanctions regulations, Orea is also restricted from directly funding Montagne d’Or expenditures. Orea’s proposal to acquire Nordgold’s 55.01% interest in Montagne d’Or received approvals or non-objections from all applicable jurisdictions but was not approved by the Canadian government. Orea’s situation has become untenable with no viable legal path for Orea to advance the Montagne d’Or project in the absence of Canadian government approval."
"Effective immediately, all officers including the CEO, CFO and Corporate Secretary have resigned, and all directors have also resigned from the board. Prior to its resignation, the Board appointed Danielle Sweeting as an authorized signatory. Mrs. Sweeting will be identifying suitable professionals and advisors to proceed, if applicable, with the orderly wind-up of the Company. Mrs. Sweeting is a long-time employee, familiar with all of the Company’s systems and records."
"Further, the Company advises that it will not be filing its audited annual financial statements and corresponding management’s discussion and analysis, and the Annual Information Form (AIF) for the year ended September 30, 2023, including the CEO and CFO certifications that were due to be filed by the required regulatory filing deadline of December 29, 2023."
Danielle Sweeting
Authorized Signatory
Orea Mining Corp.
News Source (official domain): oreamining.com/news/...nations-and-wind-up/