Healthy Upleg and Bullish RSI. This stock is a great way to play the bull silver market. It is a cult stock, with famous and great management. This is the largest silver producer (operations mainly in Mexico) with long term reserves. Great long term play. Not cheap but marginal when looking at the current silver price...
Everyday you hear of recession and taking a quick look at gold stocks, they seem to be the safe haven and profit maker during financial uncertainty. Take a quick look at New Gold during the recession years of 2009-12. Gold stocks rose with the price of gold and this stock under $1 is an absolute must buy. NGD is in line with its historic lows of 2008 and has only...
You've seen the news lately, the Federal Reserve has taken unprecedented actions BEFORE a recession has even hit. The Fed has already cut rates 3-times and restarted their Quantitative Easing, although not officially calling it that. Predictions and Possibilities for 2020: 2008 Style Recession. Dollar Run. Debt Bubble Pop. We can not sit and say...
Multi-year breakout is confirming as the price rebounded on the upper-channel resistance during the last 3 weeks.
Check timeline properly. Every year around spring a swing starts on the upside as we kick start drilling operations. BoD are all aligned with shareholders at a much higher price, why? because they believe in the project. We ask ourselves why they would do a placing now? Because that's what normally mining companies do ahead of drilling as they need the cash. Why...
It is hitting the pivot as other miners do. may cool off and fill the gaps.
I have been reading Bulkowski. Exhaustive amount of information to be digested. Here is a trend reversal pattern. Inverse head and shoulders formed on Regis Resources and it gapped up this morning on opening increasing chances of success. The tall and tight nature of the formation is also a predictor of success. Average gain on this pattern is around 30+%...
request on what i'm watching. too many to list and watch. feel free to comment on your fav's...
Perth Mint has positive MACD with stochastic between 30-50 and the trend is moving upward. I see it as a profitable long.
NAK , trading at .39 - .40 currently is waiting for a major catalyst with environmental impact statement approval This would open the world’s biggest undeveloped gold silver and copper mining project, Some quick facts, because I think this approval could happen at any time so readers should do own DD quickly because I might be busy to update here - Pebble...
Apparently I received a call from a broker today who insited on me buying this CDE stock at 3.48 USD (price they expect to get during today's session). This company is supposed to have just signed an important contract that will make the price go to 5 or even 6 USD within 3 months. Maximum loss they expect is 15%. Apparently more than 30 analysts from this...
The 1.5-year-old declining resistance line (magenta) has proven too strong for the 4 year rising support (blue) which was broken just last week due to the record drop in the US indices. The drop was due to a combination of a market that had been overzealous and priced to perfection in an increasingly deteriorating economic environment. The coronavirus certainly...
Nordic Mining prepares for lift-off There hasn’t been a greenfield development of a mine in Norway for between 30 and 40 years but Nordic Mining is looking to change that via construction of its flagship Engebo rutile and garnet project. www.mining-journal.com Nordic Minining OSL:NOM just presented their Definitive Feasibility Study for the Nordic Rutile...
K92 has been having a very good couple of months. The parallel trend channel established recently is strong. The MACD is going off the charts, however, suggesting potential trouble ahead. For now, the bulls remain in full control.
As you should know, ratios are measured from 0-1. The Gold mining sector hit its all-time high in 1984, registering a 0.9 on the ratio. An individual company can go to zero, but an entire sector like metals cannot unless humanity gets wiped out. The mining sector is the closest to zero it has ever been. The last time it was this low was when gold bottomed in the...
AXM.V should be on the radar of every #gold investor. $47M mcap company with NI-43-101 compliant resource worth $700M+ USD in the Central African Republic and other promising projects in Africa. Rapidly improving security situation and recently announced strategic partner point to a major opportunity, imo. Bullish MACD cross on the daily chart, bullish...