Four 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...
Deep dive into Bear Creek Mining . The company owns two main assets . An actively producing gold-silver mine in Mexico and what i am more interested in is their crown jewel development project in Peru which hosts a massive silver deposit which is one of the largest silver deposits in the world hosting 225 moz of proven and probable reserves . Also lead and zinc...
Silver 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!
high 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.
The 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...
A 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...
