Get started

Miningstocks

BITF has likely reached bottom. Long target 15.The Bitcoin mining business is in a great position as investments have paid off and now that BTC is on the move for the final rush of the 4 year halving cycle the profitability of these mining firms will be solidified. Very few newer faster miners available because of the Chinese crackdown and semiconductor shortages. Very hard to find mining equipment. These mining machines with BTC above 50k pay off in 9 months, above $80k 5 months. If BTC hits $150k HUT 8 and BITF are money printing machines. But be careful to be out of your big positions by March. Track BTC price and you will know when to scale up and scale out. Unless they have a shelf offering sitting out there and run one like Hut 8 did it should be a fairly quick run up over the next one or two quarters. Up 16% yesterday the call options placed the day before were handsomely rewarded, but the IV will eat you alive so get in and get out unless you are selling options and even then try to do it on consolidation weeks. To be safe you could wait until she clears the Ichimoku cloud on the 4 hour timeframe.
NASDAQ:BITFLong
by GT350
NLC.V High Flag Volume Contraction into CatalystsNLC has been digesting its big move up over the past couple weeks. It is setting up beautifully in a flag with noted volume contracting and price tightening up. We are in what should be a busy month + for NLC with DFS due out within the next couple weeks + a US senior exchange uplisting. Keep an eye out for CATL, (I cant post a link in the text as im not on a pro sub) but they raised 9 billion through a share offering to finance a range of projects. One of which is likely Neo Lithiums 3Q project. NLC leadership did a heck of a job raising capital last January over $3 CDN. They will likely be able to get another great deal in this price range as well. Likely something at the market funded by CATL + the uplisting + the brine mine starting up production near year end gives NLC some juice to move up over $5 CDN and more throughout the end of the year. LAC.TO has been running lately, I find tracking a couple lithium miners helps give perspective to the market. NLC momentum built through august was pretty much handed off to LAC through sept. Of course the two aren't that connected but there are traders in every market, If lithium stocks hold and LAC hit selling pressure traders may come back to NLC and bid up the stock further on news. Just some thoughts to consider, always do your own DD and follow your own trading rules. I own shares in NLC.V Cheers, Luke
NLong
by LeBelleChart
Love The Upside! - Fortuna Silver Mines Inc <FSM>Going into the Earnings report on August 11th, I think we will have a great bullish swing with tons of upside, ex. going from 4.10-ish to the 5.90 level at a minimum, and potentially even higher depending on the news. The company has been struggling in the last few years yet now is dishing out a ton of positive news about their ventures and the scale of their operations. Quarterly financials show that they are looking to have stronger financials than they have in the last 3 years... I think this offers a lot of growth for an otherwise currently undervalued player in the space! If the results however are much more negative than expected, I could imagine a lowering down to $2.85-ish at the lowest, before we will hopefully get a lot more support for another bullish move back to current levels and beyond, perhaps around $5.00. Either way, if you are looking for a nice little swing play with the potential for a 20-50%-ish upside depending on the outcome of the next earnings report, and also don't mind holding for a few months to see where we go, then this opportunity is likely to be for you!
NYSE:FSMLong
by JJForMayor
$NLC.V Thoughts and Limit Buy OppIn looking to add to my Long Position in Neo Lithium Corp $NLC.V / $NTTHF I have approached this TA from a bearish perspective over the short term. As detailed on the chart, You can see price make relatively weaker advances: The first move up in early June was stopped at +3SD channel, the next at +2SD channel (note volume). Price always travels back to the mean and $NLC as a miner is not above choppy action in SP. To be clear, I don't see massive downside risk here, but rather some selling pressure channel trading back to the $2.70-$2.75 range. On top of Linear Regression Analysis, the 21 ema is currently acting as support and the 9 ema (I applied it to see where it was but can only keep 3 indicators) is acting as resistance. I think the clearest conclusion to draw currently is that NLC is trying to figure out which way it is going to go. One could make the argument that if the market holds here for the most part and small caps participate in a further advancement that $NLC could maintain the mean and advance back up through the positive side of the channel. $NLC is not without near-term catalysts in this Quarter like an off-take agreement and/or financing to finish capitalizing the 3Q Project + release of its DFS. I am taking the approach that these catalysts are a month + away and the above TA in the short-term may come to fruition. I have placed a LB for shares at $2.71. In sharing this post I think its worth noting that at the Annual and Special Meeting held on June 25th the company set forth a vote to allow the board the discretion at a future date to consider a consolidation of the common shares of the company on a 1 for 2 ratio to list on a Senior US Exchange. Not a guarantee this R/S will occur, but its a possibility and something to be mindful of. When pre-revenue companies R/S, their SP can crater. Granted 1 for 2 is as good as you can get when it comes to R/Ss. I am keeping some cash for a buy further down the road to cover off this risk that may exist and take advantage of a downturn. I have emailed Mr. Vicens the company's CFO and contact person on SEDAR kindly asking for an update on the AGM vote as its been some time since the meeting. I will share any update given on ye olde twitter. As always Please follow your own trading rules and do DD first. Cheers, Luke
NLong
by LeBelleChart
1
Analysis on JSE:BHPWe could see a possible correction soon on BHP and thus resulting in a short posistion we can take on BHP in the following days. Also with the economy not looking so good at the moment with the looting and destruction that took place this could be a chance to take a short position on stocks traded on the JSE and profit during the chaos. Best wishes to all investors and traders! Disclaimer: This is just my opinion, you must take risks for your own trades. This is just a mere analysis on the stock from my point of view.
BShort
by Driesman743
BYRG Platinum & Rhodium Mining RevivalOTC:BYRG Buyer Group International, Inc. Rhodium Price 2013: $1,000 Rhodium Price 2021: $29,000 Revival and funding of BYRG has been taking place for the past couple months. Back in 2013 they're claims had a $1.3 BILLION valuation when Rhodium was only $1,000 per ounce. Currently today Rhodium is worth $29,000 per ounce and has become one of the most sought after precious metals. They also have Uranium and Platinum assets in the same location. There is only 1 other company successfully mining and producing Platinum in the USA and that company is Sibanye Stillwater (SBSW) out of Colorado. NYSE:SBSW is currently trading at $16.83. Updates have been appearing on OTCM which means the CEO is getting the company on the correct direction. I have reached out to the CEO David Bryant many times and he is aware of the current changes going on in the OTC marketplace and he is working on getting BYRG pink current by the deadlines. He is doing everything by the book and taking the appropriate steps to become PINK CURRENT. Updates: 5/13/2021 - OTCM updated the share structure with a TA verified signature 5/14/2021 - New officers updated: David A. Bryant - CEO Nancy Bryant - Secretary 5/16/2021 - BYRG Authorized Shares Reduction: Reduced from "unlimited" to "50 Billion" (seeing these updates, share structure reductions, shows they are cleaning up for a great future) 6/17/2021 - Company profile changed on OTCM: "Buyer Group International Inc is a development stage company targeting acquisition opportunities in the commodities space with recurring revenue streams to maximize share holder value" All the steps have been taken to achieve a "verified profile" and to start seeing filings for BYRG. As you can see from the daily chart, BYRG has been trading at very low volume but still following a strong trend upward. Between volume and the accumulation you can tell this is locked and people know what they are holding. In my opinion I think this will still look cheap when it hits multi pennies. We should see further updates and filing VERY soon.
OTC:BYRGLong
by obrienm16
IAMGOLD CORPORATION - a long position swing tradeSUMMARY: IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa. Within these regions the Company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects. SWING TRADE: Entry 'long' @ US$ 3.30 Price action has completed a abc (zigzag) pattern and has now corrected with a (bearish, any three wave / X-wave) On a higher degree look from fractal perspective price action has completed (the A-wave) and the recent drop being the corrective (B-wave) setting price action up for a final (C-wave) which always is a 5-wave sequence. I'll keep you updated along way... if there are any changes in price action I might take profit early or cut a loss without hesitation. but I'll give the trade time to develop. Never marry the trade! Trade safe, be well. - Omar Djurhuus
NYSE:IAGLong
by UnknownUnicorn212178
$NLC.V Potential breakout underway after Positive NR on Li MineNEO Lithium has been battling the last couple months. Great opp to buy the dip in mid may as I shared on Twitter/Substack. Today they released information updating the amount of High/Medium grade Li available at their Brine Mine location in the Lithium Triangle. NLC can now claim to hold one of the world's largest Li resources. They also have some of the highest test/quality Li. Arrow indicates how the mean price acted as resistance just last week. So I see that as an area of Significance over the next couple days/week for buyers to control price at this range. Volume will be key here as well. If NLC fails to crack, look to see if it can hold the upwards new trendline and/or 9 day ma. VWAP anchored from the high also shows that buyers are in control as we are trading above it. Look for continued curving of the VWAP to the upside. Catalysts yet to come for NLC later this Summer are the publication of the DFS and a potential offtake agreement with CATL, or financing from another partner downstream. I have a long position in NLC. Please do your own DD and follow your trading rules. Cheers, Luke
NLong
by LeBelleChart
Can This Tokenizing FinTech Maintain Its TrendI'm hoping ABXX can keep the support along the cup and handle trend. New support was recently found around $3.33. The Simple Moving Averages on the 4 hour and 6 hour charts are both crossing at $3.64. $3.64 also acts as a resistance point on the hourly chart as shown below. Huge resistance is coming around $3.70. The next major resistance level is at $4.00. A close up on the 4-Hour chart shows a gap that must be filled around $3.95. Zooming out to the Daily chart, we are on candle number '7' out of a '9' candle trend. Hopefully after this '9' candle-trend to the downside is complete, ABXX shareholders should see bluer skies ahead. I do not give financial advice, but you can see my earlier, more in-depth analysis of ABXX & ABXXF under my 'Related Ideas'. I do adjust trend-lines and other info as the chart changes. I really like this FinTech company, it's team, and their mission. This a great play for investors like me who are interested in: ESG (Enviromental/Social/Governance) Blockchain technology & Tokenization Mining, Precious Metals, LNG (Liquified Natural Gas) I try to follow the smart money. I am long ABXXF.
NEO:ABXXLong
by the13thalien
1
Asante Gold Corporation - 2021 - H4Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) About Asante Gold Corporation Asante has announced plans to co-list its shares on the Ghana Stock Exchange, and is sourcing funding to develop its Kubi Gold Mine project to production. Asante is also exploring its’ Keyhole Project, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle. report that it has received notice from the Minerals Commission of Ghana that eight highly prospective concessions covering approximately 314 km2 have been recommended for transfer to Asante. These licenses are comprised of the Diaso (104.1km2), Juabo (59.2 km2), Manhia (18.69km2), Dunkwa Gyimigya (32.72km2), Gyimigya (5.52km2), Agyaka Manso (40.0km2), Amuabaka (28.86km2) and Nkronua-Atifi (24.97km2) prospecting licenses (PL’s). All licenses are being acquired, on an as issued by the Minerals Commission basis, from Goknet Mining Company Limited (the “Vendor”) pursuant to the terms of agreement with Goknet dated December 28, 2016.
ALong
by stratanic
Gold Terra - 2021 - DailyAbout Gold Terra's Yellowknife City Gold Project The YCG project encompasses 800 sq. km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra controls one of the six major high-grade gold camps in Canada. Being within 10 kilometres of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power, and skilled tradespeople.
TSXV:YGTLong
by stratanic