


Peter Bures
1.4K posts

@PeterBures
CEO, Silver Crown Royalties. Mining engineer by trade, mining finance/investments by experience








Unprecedented: Leading gold producer Newmont just announced that they generated over $3 billion in free cash flow for Q1 2026, setting a new record. That's more than $100 million in free cash flow per day! 🔥💰 $NEM












Gold is heading towards being worth 4X the price of the stock market (spx). Would not surprise me to see a $28,000 price tag on gold before it is all said and done.





In just 7 days this stock has doubled from my entry point. Normally, I be selling at least half, but because Michael Gentile is exceptionally bullish on it long-term, and I am for the first time in my 42-year career a "Silver-Bug", I 'm planning on holding for the long-term too. The stock is extremely tight and I suspect someone used a market order to buy this morning. I am holding mine but will blame Gentile if it doesn't work out (it be nice to be the blamer versus the blame-e for a change LOL).


I will continue to add to my position in the market anytime I'm not under trading blackout (due to filings or live deals). The purchases may not be huge individually, but they do add up over time





