CopperCaesar

Portfolio update April Up 3,3 % for the month. Up 26,8% ytd, 249% in a year🔥 Difficult month and times to trade due to the swings in the Iran war. I am still fully invested in #Oil #Silver💍 #Gold🪙💰 #Uranium #Nuclear☢️ #Copper #RareEarths

A SENIOR IRANIAN SOURCE SAID NO AGREEMENT HAS BEEN REACHED YET, THOUGH DIFFERENCES BETWEEN THE SIDES HAVE NARROWED. IRAN’S URANIUM ENRICHMENT PROGRAM AND CONTROL OVER THE STRAIT OF HORMUZ REMAIN KEY STICKING POINTS IN THE TALKS.

🔥Silver is casually reclaiming the October trend line:

INTENSE MEDIATION EFFORTS INVOLVING PAKISTANI OFFICIALS ARE UNDERWAY IN IRAN, ACCORDING TO AL JAZEERA. A SENIOR IRANIAN OFFICIAL SAID NEGOTIATORS ARE CLOSE TO A DEAL AND ARE DRAFTING A FINAL TEXT, THOUGH ANOTHER SOURCE CAUTIONED IT IS STILL TOO EARLY TO SAY WHETHER A DEFINITIVE AGREEMENT WILL BE REACHED.

@TheApeOfGoldST Still no Blackrock Silver😳🙃

The #Silver #juniors that “should” have best torque this leg up: $AAG.v - Aftermath Silver Ltd. $AGA.v - Silver47 Exploration Corp. $AGMR.to - Silver Mountain Resources Inc. $APGO.v - Apollo Silver Corp. $CKG.v - Chesapeake Gold $EQTY.v - Equity Metals Corporation $EXN.v - Excellon Resources Inc. $GRSL.v - GR Silver Mining Ltd. $GSVR.v - Guanajuato Silver Company Ltd. $KTN.v - Kootenay Silver Inc. $MGG.v - Minaurum Silver Inc. $OCG.to - Outcrop Silver & Gold Corporation $SAM.to - Starcore International Mines Ltd. $SSV.v - Southern Silver Exploration Corp. $SVRS.v - Silver Storm Mining Ltd. Biggest positions: $SSV $GRSL $EQTY Core positions(big): $SVRS $EXN $AGMR $OCG $MGG $AAG $SAM $GSVR $CKG $APGO Smaller: $KTN $AGA Also holding $SCZ.v - SantaCruz Silver - BUT as its issues in Bolivia right now I’ve sized it down this leg as there is some risk for underperformance in Bolivian miners. That also includes $ELO.to - Eloro Resources. So those guys are sized down until further notice. Also own $KNG.v - Kingsmen Resources, but as it’s early stage still and needs drill results I don’t expect it to outperform on silver uplegs, hence not mentioned together with those I expect to give direct leverage. Anyway - this is all juniors you need.

*RUBIO: WE'VE MADE SOME PROGRESS ON IRAN *RUBIO: PAKISTANIS WILL TRAVEL TO IRAN TODAY

TRUMP: IRAN CONFLICT WILL END VERY SOON

The final draft of the US-Iran agreement has been reached with the mediation of Pakistan, which is expected to be announced within the next few hours - Iran IRNA

The Western Forelands exploration area covers terrain more than 6 x the size of the adjacent Kamoa-Kakula Copper Complex - and we've committed an $86M exploration budget to the Makoko District alone in 2026. An updated Mineral Resource estimate is expected in early Q3 2026. Makoko. Kiala. Kitoko. Three discoveries shaping the future of copper exploration in the DRC. 💥 Lean more: tinyurl.com/yc6e2uz2

SILVER JUST EXPLODED TO $77.43 🚀 Up $1.25 on the session with serious momentum. Beat the market! 📈 Join our Substack. wallstreetgold.substack.com

THE REPORTED DRAFT INCLUDES AN IMMEDIATE COMPREHENSIVE CEASEFIRE, A MUTUAL PLEDGE NOT TO TARGET INFRASTRUCTURE, GUARANTEED NAVIGATION THROUGH THE PERSIAN GULF AND STRAIT OF HORMUZ UNDER JOINT MONITORING, GRADUAL SANCTIONS RELIEF TIED TO IRANIAN COMPLIANCE, AND NEGOTIATIONS ON OUTSTANDING ISSUES WITHIN SEVEN DAYS.

UNITED STATES AND IRAN HAVE REPORTEDLY REACHED A FINAL DRAFT AGREEMENT MEDIATED BY PAKISTAN, ACCORDING TO IRAN’S ILNA CITING AL ARABIYA, WITH AN ANNOUNCEMENT EXPECTED WITHIN HOURS.

While everyone is still wondering what Beijing considers as critical minerals. Here's the full list. They were hints all along. They explicitly vowed to consolidate China's dominance in rare earths, tungsten, tin, and others. "Secure what you lack. Tighten what you control." were the exact words they used.

SILVER JUST RIPPED TO $76.84 🔥 Momentum is accelerating! Beat the market! 📈 Join our Substack. wallstreetgold.substack.com

You cannot print molecules. You cannot print the rigs $BORR that lift them either. In a gold rush, the money isn't in the gold. It's in the picks and shovels. Shale is likely finished as a source of growth. The remaining short-cycle barrels now sit in shallow water — and the Middle East has spent fifteen years drilling its way offshore as its onshore fields deplete. Saudi, the UAE, Qatar: all the growth is offshore now. That barrel needs one thing above all else: a jack-up fleet. However, there are zero new orders and zero new-yard slots for years. Unsurprisingly the global fleet only shrinks — a third of the rigs on the water are over thirty years old and aging out. At $BORR they average seven. A newbuild theoretically costs $300m, and the dayrates haven’t come close to justifying one — rates must double, and lengthen, before a single rig gets ordered. Now layer the demand. The buyers are National Oil Companies (NOCs) in countries GDP is heavily exposed to the barrel — the most inelastic clients in any market. The fleet was already above 90% utilized and rising before the war. After the fighting stops: pent-up Gulf tenders, field declines to offset, shut wells to bring back. And the order book already tells you where this goes — energy-security pushing work in Vietnam, Malaysia, Suriname, Gabon. The security premium is no longer theoretical. It’s in the contracts. Either Hormuz reopens and pent-up demand from Saudi Arabia and the UAE skyrockets, or oil pushes into uncharted territory and the international NOCs pick up the tab. Few other energy assets are this exposed to both tails. Low-breakeven shallow-water barrels are the supply the world needs to meet the coming crunch. And pick-and-shovel maker gets paid whether or not the miner strikes. Now the part the market is missing. The whole enterprise trades at roughly forty cents on the cost of replacing its own steel. Enterprise value is about $4bn, split almost evenly — half debt, half equity. The debt is fixed. It does not re-rate. So every dollar the fleet gains as it runs toward newbuild parity falls straight through to the equity. That is the engine. The debt does not move; the steel does. Re-rate the fleet to what it would cost to rebuild, and the equity does not double — it quadruples. The equity does not track the steel. It multiplies it. The 4x leverage is not the risk in this trade. In the upcycle, the 4x is the trade. You can buy an irreplaceable strategic asset at less than half its replacement cost — with the leverage thrown in for free. The market is selling the quarter. We're buying the decade. $BORR is down 14% today on a delayed rig start-up and a one-time receivable provision — operational noise, not structural damage. Utilization held at 97%. Full-year coverage rose to 71%, and the back half of the year jumped from 48% to 65% booked. Nothing in the supply, the demand, or the steel has changed. The one thing that did move — the Middle East conflict — barely touched the financials and made the multi-year case stronger. Every affected rig is back at work. Tenders keep progressing. Management is more confident on 2027 and 2028, not less. The market is selling the noise and ignoring the signal. The dislocation is the entry. Get long. Buckle In. HALO.

Need the moneyprinter to fire up then🔥 #Gold

🚨 TRUMP: WE WILL LIKELY HAVE TO PAY BACK $149B IN TARIFFS

SILVER JUST FLIPPED GREEN AT $76.32 🚀 Miss the levels, miss the move! Beat the market! 📈 Join our Substack. wallstreetgold.substack.com

IRAN DENIES REPORT OF NEW URANIUM ORDER A senior Iranian official denied claims that Supreme Leader Mojtaba Khamenei issued an order requiring enriched uranium to remain inside Iran, calling the reports “enemy propaganda.” The official said no new directive has been issued, reaffirming that Iran will continue downblending the material domestically. The issue, he added, will be addressed in the next round of talks.

🎙️ “We’re now fully funded through to a construction decision on Mercur in early 2028.” CEO Hugh Agro discusses Revival Gold’s path to construction and opportunities to expand beyond the current resource at the Mercur Gold Project in Utah. 🔗 Full interview with @CruxInvestor linked in thread below. 🇨🇦 TSX-V: $RVG | 🇺🇸 OTCQX: $RVLGF #gold #mining #investing #utah

McEwen has received a $49.4 million dividend from the San José Mine in Argentina, bringing total dividends received in 2026 to $58.2 million, already exceeding our original full-year expectation. Strong internally generated, non-dilutive cash flow strengthens our financial position as we advance key near-term milestones and work to create long-term shareholder value. Read the full news release: mcewenmining.com/investor-relat… #McEwen #Mining #Gold #Silver #Copper $MUX