When the TSX asks you to explain why there was a pick up in volume after you hired a known "pump and dump" firm, you have to wonder how that is going to reflect on the company. Different message boards are full of investors or potential investors posting articles and youtube clips which describe the nefarious goings-on of the National Inflation Association...
Vox Royalty (TSX-V:VOX) Corp has told investors it expects to report royalty revenues of between C$10 million and C$12 million in 2022—more than double what it realized in 2021—as it also revealed it has acquired a producing royalty on a Western Australian iron ore mine. The royalty, purchased from a private vendor, is a 1.25%-1.50% sliding scale gross revenue...
We all agree that the green pattern is the correct pattern and that the red pattern would be a real shame :)
I decided to add to my core position at this level. Why? because it is the last level of support before a larger trend change, and I personally think this is worth the risk. There are plenty of levels above with orders stacked against them, all the way back to ATHs, so in terms of RRR I like the odds. Otherwise, my next purchase will dramatically reduce my cost...
the Nasdaq has aggressively sold off, with no clear entry on the m15 chart for a couple of days. I wouldn't want to be in a trade ahead of the FOMC, but it would still be good to see one set up.
Just having to be patient and wait for some sort of reversal or decent pullback. Today is FOMC so I am not expecting anything to happen until after the statement drops
Waiting to see if we get a new reversal pattern off an old daily high
Another positive update from Vox Royalty Corp. , We just need to see the price action reflect the momentum on the ground. Precious metals are holding up, so producers are able to make more money. Though inflation will hit them with larger CAPEX. Royalty companies don't bare any of the extra costs but can a slice of the revenues.
Waiting to see if we can get a signal to backfill yesterday's impulsive move higher. The catalyst was the announcement that Elon Musk had a 9.2% stake in Twitter. There is also now another $10bln being put into the US economy due to an agreed stimulus bill. The algos do not like leaving areas un-tested, so I am looking for them to come back down and fill the...
Looking for a lower high and lower lows, a pullback into the imbalance, short towards $101 per barrel
on the 5 minute there was a break of structure, a retest of the imbalance and then a push higher.
Break of market structure, retest, continuation lower Target, swing low, previous days H/L
There are only three daily resistance levels before new all-time highs. Will we get there before the ECB, Fed, BoE, IMF, G7, BIS and all the other smooth heads try and ban it, just so Russia can't evade some sanctions?
Don't often comment on the forex markets but here goes. The US dollar has been weaponized and sanctions, have proven that anyone holding a USD can quickly see that wealth disappear. The US Treasury is a monopolist and so controls the US dollar debt issuance, however, the wider collateral-backed system of the eurodollar futures is out of the jurisdiction of the...
Having multiple royalties within a portfolio means Vox Royalty has enough diversification to clearly smooth out the volatility. High inflationary environments are great for commodities and equities, but for miners, there is an increase in costs and CapEx. Not so with the royalty company. Their expenditure doesn't change but they have access to the widening profit...
Kookynie (Pre-Feasibility) - Exceptional Drilling Results at Puzzle North Discovery Vox holds a A$1/t production royalty on part of the Kookynie gold project(2); On February 3, 2022, Genesis announced: Outstanding new results from reverse circulation ("RC") drilling across multiple areas, confirming potential to expand the mineral resource at the Ulysses Gold...
C$3.66 is a weekly support level that has been tested and proven to be a solid base to build on. Looking left along the chart there is very little imbalance within the price action to backfill unless of course, we go lower. With their focus on acquiring third-party royalties mainly within the precious metals (80%), they are delivering growth and returns on the...
I am going to assume that the price of gold is supported around the $1800 for the rest of 2022. If that level were to break, and a bear market ensued, precious metals miners, #GDX, etc. would come under pressure and the current rising tide that is lifting all boats would recede and companies like Vox Royalty Corp may come under pressure becue of...