Hallgarten + Company

Our initiation of @SilverViperCorp is out. Moving with a strong tailwind of #Silver in #Mexico. We look at the Coneto and La Virginia properties and the work going on, also at the relationship with @FresnilloUK hallgartenco.com/wp-content/upl…

@mattpurdy89 Why dont they offer an LoL emoji on X???

$UAMY just filed an SEC-compliant Technical Report on its Fostung tungsten project. 54.17M lbs of WO3 in the ground. At current APT prices, the gross in-ground metal value is north of $4.3B. Their entire market cap is $1.05B. Let's break it down 🧵

@USAC_Bull The empty box is now twice as empty...

🚨 June 12th. Every vote counts. $UAMY proposing to double authorized shares from 250M to 500M common. - Preferred unchanged @ 50M. - 143M shares outstanding currently. Filing also explicitly states: "We have no current plans, arrangements or understandings regarding the issuance of any additional shares" Board can also abandon the increase even if shareholders approve it. 🤔

Our Monthly is out and Truth (and Metals) are the first casualties of war. #Cleantech also appears to be the walking wounded. We also look at @CobreLimited @neometalsltd and @Rome_Resources hallgartenco.com/wp-content/upl…

Magnesium --- The Next Critical Mineral to Ignite? bit.ly/4czZILG cc: @InvestorNews #criticalminerals #magnesium @CriticalMnlInst @hallgartenco

Urea, phosphate and potash are all at high risk as the Strait of Hormuz tensions unfold. #fertilizer #IranWar Read more about the growth minerals space in this edition of the Growth Minerals Sector Review: Squeeze on Urea (& Everything). @hallgartenco hallgartenco.com/wp-content/upl…

Our Growth Minerals Review by @JMonroe_4PEACE is out. The war is the obvious elephant in the room but we also look at @neometalsltd , @SagePotash , @CorpPotash , @NVOrganicPhos and @buffalopotash hallgartenco.com/wp-content/upl…

Truth (and Metals) Collapse in War: Ecclestone Warns of Dollar Erosion, Gold’s Failure, and a Broken Market Playbook bit.ly/48jl9y6 #Gold #USDollar #CapitalMarket #China @HallgartenCo

🚨Iran’s state-run PressTV channel published a “simulation” scene depicting the operation carried out by the United States in Isfahan, showing how U.S. forces fell into a deadly ambush and were forced to withdraw in chaos under heavy fire. It also portrays how the failed operation ultimately changed the course of events, pushing Washington to accept Iran’s terms and seek a ceasefire.

@CKCapitalxx Does it have a positive bttm line?

I have been seeing a lot of talk about $EQR.AX and once you dig into it the excitement makes complete sense. It is a tungsten mining company. Two operating mines. Mt Carbine in Far North Queensland and a second asset in Spain. Trading at A$0.30. Market cap A$1.6 billion. Backed by Oaktree Capital. Here is why tungsten is the most important commodity most investors have never thought about. China controls 79% of global tungsten production. In early 2025 they imposed export controls. By early 2026 exports dropped to effectively zero. China is now a net importer of tungsten for the first time ever. The supply backstop that capped the price in every previous cycle is permanently gone. APT price early 2025: $320. APT price today: approaching $3,000. A near 10x move in roughly a year and nobody is talking about it. The Iran war poured fuel on it. Tungsten is the metal inside armor-piercing tank rounds. Every round fired is tungsten that does not come back. Rheinmetall targeting 1.1 million shells by 2027. US Army targeting 100,000 rounds per month. None of it gets recycled. Supply gets permanently consumed. Then there is the January 2027 DoD procurement ban. Chinese and Russian tungsten banned from all US defense contracts from that date. Western production becomes legally mandated. $EQR.AX is one of two meaningful western tungsten producers in the world. 2026 production target: 3,000 to 4,000 tonnes. At current APT prices the revenue math is extraordinary relative to the market cap. Its closest peer ran 840% last year and trades at 8x the valuation of $EQR.AX on similar production numbers. A $0.30 stock. Operating mines. Production ramping. DoD mandate incoming. The tightest commodity market in a generation.

From Green Dreams to War Metals: A Critical Minerals Wake-Up Call for Europe bit.ly/4sp3fkZ #Europe #WarMetals #CriticalMinerals #MilitaryMetals #Tungsten #Antimony @HallgartenCo cc: @InvestorNews

And it begins... Fleet services.. the major stop on the M3 announces NO HGV FUEL..

@METhompson72 Finally someone spots the inconstistencies of the #Tungsten boosters!

From the $EQR EQ Resources new presentation. Here I violently disagree with whoever put this chart together. There cannot be a deficit, because there is functionally no inventory right now. SUPPLY +/- INVENTORY CHANGE = DEMAND When inventory is zero then SUPPLY = DEMAND Military demand is price insensitive. As is oil and gas and mining demand. Demand destruction MUST happen - but where from? At what #tungsten price? e.g. Will car plants have to close whilst they retool away from tungsten carbide?

Our Initiation on @CorpPotash $GRO is out, the largest fertilizer project evolving in Brazil, the world's most voracious market for #potash. After a rocky start on the NY & Sao Paulo stock exchanges it has been on a strong rebound. hallgartenco.com/wp-content/upl…

Our note highlighting the #mining potential of #Somaliland & #Puntland is out. We look at the #geology, the history and the geopolitical dynamics of this highly prospective region.. hallgartenco.com/wp-content/upl…

And @Rome_Resources just decamped to New Brunswick of all places

Iran could be a resources superpower. Yet economically, it remains a country of locked potential. This is the classic resource paradox: A nation rich in subsoil wealth but unable to translate it into broad economic prosperity. History shows that geology alone is not enough. - Resources need institutions. - Resources need investment frameworks. - Resources need economic freedom. Argentina is attempting a policy pivot. Japan innovated around scarcity. The rest of the world is racing for minerals. So the question becomes inevitable: WHERE IS IRAN'S JAVIER GERARDO MILEI? Because unlocking resource wealth is not only about geology. It is about policy, governance, freedom, and economic direction. And sometimes, history turns when a country decides to change its economic model. Let us hope that the current conflict eventually gives way to something better. For Iran, that would mean economic freedom and the opportunity to unlock the wealth beneath its soil. — Shared by my friend Dr. Arnoldus M. van den Hurk Mineral Geopolitics Analyst REMIO | R4Mining

@AmandaVandyke13 Now that's quite a vision.. or Javier could send Karina and do us all a favour!

Our musings on the White House berating/cajoling the industrial-military complex to fire up their production. Good luck with that! #antimony #tungsten #criticalminerals investornews.com/market-opinion…

@USAC_Bull Show us the mine!!! And we don't mean pre-1973 photos...

Before you invest in a company, ask yourself: Did the DoD tell them which mineral to acquire? Does every bullet, missile, & drone need them? Is the CEO taking stock instead of a salary? If not, I don't want it. $UAMY 🧲