Bear Creek has just started 1Chapter 1, producer Bear Creek gains sufficient earni gs to prepare Carani Peru Mine development!
BCM trade ideas
Balancing act on Bear Creek on Corani news value surge40$ Silver comes next month
At that price current production free cash flows enables to
Finance their own development of the site
10% equity from our pockets does the same
Let them have balance, let them realize
The dream of 100$ per ounce
The reality of a 100 million a year Silver mine in Peru by 2030
some directional bias using chaos theoryhey.
using various tools from statistics and mathmatics including experimental finance theories we have determined some potential movements of price, if price closes at the start of the green arrow, it will travel likely to the end of the green arrow, these trades are based off that.
Perfect retestno fundamental reason needed.
perfect retest before more up in a bull market for silver.
don't overthink.
My TOP10 picks list in (Silver & Gold) Mining companies 3/10Four months ago I made a very risky bet. After Bear Creek Mining stock cratered 70% in 6 months (after it had already 85% in the last three years (totalling a 96% loss in 3.5 years) I went in big at the 20 cents level, making it one of my biggest positions in my portfolio.
I believed in an upcoming PM bull market and was of the idea that this stock was criminally underpriced at that level (even if it was a high risk bet): around 350 M equivalent silver ounces for 70 million USD meant that every ounce was priced below 20 cents. Actually that meant that for every stock unit you bought a silver ounce in the ground !!
It was one of my best bets. The silver bull has bearly started and I already doubled my money !! I calculated the price objective for this technical setup: a potential 350 x (or a 175 x from current price level).
I am very bullish on BCM !!!
Silver stocks BCM DSVSilver stocks on the 1hr time frame.
-big volume coming in to some quality stocks here.
-waiting for small pullback to enter
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
perfect entry pointBear Creek is about to to erupt to the upside, passing a 10 year downtrend after a clean backtest
BCMhigh grades, big capex but cheap money these days...by the time they get financing ,permits,mill set up I am sure the metals bull run will be over and done as new mines take years to build. I guess, ride the hype. 144 ma comes in handy.
Beark Creek Mining poised for huge run BCEKFThe year has been good so far for Bear Creek Mining, but as of recent, it has lagged behind it's competitors as the cost of silver has increased. I expect to see that once the 12-day EMA 26-day EMA, we should expect to see the start of a huge uptrend in the stock price. At this point of time with silver jumping above the $18/oz. level, this price is the base price analysis for the Corani Mine which will see huge increases in NPV. Corani NPV increases approximately US $112 M for every $1 increase in silver price (with
proportional increases in lead and zinc), According to a July 2019 power point presentation on Bear Creeks Website. This means that BCEKF is tremendously undervalued due to their ownership of one of the largest silver mines in the world, especially during the beginning of the bull market in silver and gold. Pick up this stock early if you can.
Climbing Higher with SilverA short term downtrend has been broken and there are several indications to buy. Volume has been increasing, MACD is showing it is about to cross, Stoch RSI is showing that the stock is not trading at an overbought level, and it is trading just above the 20 Day Moving Average which has been acting as a line of support/value for the past few months. Also with the recent rally of silver, this stock will climb even higher with its large silver mining projects in Peru having an estimated 290 million ounces in reserves.
