Dust looks like it's putting in a bottom to me. Also, there's a big falling wedge forming. If we see a breakout of this pattern (which I think will materialize over the next week or so), I think we'll see a sharp move higher in $DUST and miners should fall quickly. I'd be targeting the $17 resistance level as the target. Let's see what happens over the next few weeks.
The non-farm payroll data in January was unexpectedly weak, largely due to statistical adjustments and labor hoarding causing abnormal data. The addition of over 500,000 jobs to the non-farm sector is unsustainable, and inflation is likely to continue to trend downward in the first half of this year due to base effects. Therefore, I personally believe that the...
Gold received a boost from the positive impact of initial jobless claims data, resulting in a short-term rally. The resistance level above is at 1225, and those holding short positions at 1819 can continue to do so, waiting for the market to return to the technical aspect and continue to decline. Additionally, it is possible to add short positions again around...
PALI market cap is $125M. Holds 46.7M shares of NFG, currently worth $230M + other assets. ----------------------------------------------------------------------------------------------- PALISADES ANNOUNCES HIGH-GRADE GOLD ZONE DISCOVERY BY NEW FOUND GOLD, INTERCEPTING 72.2 G/T AU OVER 9.65M VANCOUVER, BC, March 1, 2023 /CNW/ - Palisades Goldcorp Ltd. (TSXV:...
Endurance Reports Results at Southeast Eagle - 139.9m of 3.05gpt Au including 12.9m of 12.85gpt Au & 11.8m of 6.21gpt Au Vancouver, British Columbia--(Newsfile Corp. - January 12, 2023) - Endurance Gold Corporation (TSXV: EDG) (OTC Pink: ENDGF) (FSE: 3EG) (the "Company") is pleased to report assay results from the 2022 diamond drilling program at its Reliance...
The bears have grabbed Barrick and are dragging it along southwards to the warm and sandy beach strip between $11.97 and $6.32, which is seated picturesquely below the support at $12.65. Once there, though, there’s not too much time to relax but also work to be done: Barrick should finish the long-term corrective movement in the form of wave (2) in yellow....
MGI reported high grade Gold intercepts of 3.47 m of 13.90 g/t and 9.30 m of 4.51 g/t and appears to be mispriced at $1.8M market cap. Comparables trade at multiples more.
Just like many of the other commodities, Newmont mining looks overextended and is starting to turn over. Because of how quickly it ran, I think we're likely to see a violent snap back in price back to the February lows. I can see price going to the $60 range before continuing up and/or retesting these highs as resistance.
Down it goes! Just as we expected, the bears are in high gear and have proceeded to carry Barrick downwards. Soon, they should reach the support at $13.01 and lead the price below this mark. However, there still remains a 35% chance that Barrick could escape the bears’ paws and rise above the resistance at $24.95, thus activating further ascent above the next ones...
last news : Definitive Feasibility Study The majority of 2021 has been largely focused on the delivery of an updated definitive feasibility study for the Kobada Gold Project (the “Project” or “Kobada”), which was delivered in October 2021. Over the past two years we have worked tirelessly on the technical elements of the project to demonstrate that the Kobada...
last news: Hugh Stuart, Montage CEO commented, "With most aspects of the DFS nearing completion the Company expects to release the results to the market in early February. "The DFS has gone well with the bulk of the test work and studies (geotechnical, mining, metallurgical) largely confirming the assumptions from the May 2021 Preliminary Economic Assessment...
Kesselrun Resources - 1D - Dec 2021 Last news : Kesselrun Announces Closing of C$3.0 Million Private Placement
Treasury Metals - D1 - 2021 last news : Treasury Metals Announces Closing of Private Placement Financing
AFRICAN GOLD - H4 - Dec 2021 last news : African Gold Group Closes Oversubscribed C$5 Million Private Placement
Asante Gold Corporation - D1 - Dec 2021 Bibiani Gold Mine Operations Update Asante is preparing a plan to deliver a mine that can produce approximately 190,000 ounces of gold at Bibiani in its first 12 months of operation and circa 240,000 ounces every year thereafter for a minimum of 6 years. Tenders have been invited for the selection of a Mining Contractor....
Perseus Mining Limited - 2021 - D1 -dec 21 lastg news : Positive Exploration Results at Perseus’s Yaouré Mine
PELANGIO EXPLORATION - D1 - dec 2021 last news : Pelangio Exploration Drilling Extends Pokukrom West Mineralization At Manfo, Ghana
Prosper Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Price Target 1: $1.05 Price Target 2: $1.25 Stop loss: $0.41 Looking forward to read your opinion about it.