A couple exploration companies and an outlook on silver
Rick is back with us this morning to provide his technical outlook on 2 exploration companies that have been on a nice run as well as silver. Here are the companies and symbols we looked at.
- Gold Standard Ventures – GSV & TSX.V:GSV,
- Orex Minerals – ORMNF & TSX.V:REX,
- Spot Silver
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GSV- I sold my entire position 1200 shares Friday @$3
A very nice run lately in GSV….
GSV – bought 1400 @’$2.56
p.s. Volume on GSV is off the range of my calculations it is so high. Lot of buying, lot of profit-taking.
(Not that I understand profit-taking in a bull market…..I just use trailing stops.)
Thanks Rick for the picks.
This morning I received an e-mail from Casey Research as I’m sure many other subscribers on this site did entitled “Can you talk”
The e-mail simply stated to call a toll free number strongly implying that a list of 9-10 recommended PM stocks was mine for the asking as I subscribe to Casey Research. I was switched to a spokesman from the presumably boiler room operation and I asked that the list be e-mailed or sent to me.
I was then told for a mere $2000 for a new subscription for a new Casey product, the list would be mine free of charge.
I realize that everyone who runs a business has to make money and I’ ve no problem obviously with that. Upon hearing of the $2000 price tag, I immediately terminated the conversation with my favorite 2 word rather un-Christian like oral complimentary close. (apologies to Rev. Andy)
Dai Uy – nothing wrong with good old Anglo Saxon expletives when used judiciously and at the right time! ‘Piss off’ springs to mind!! Best, A
Thanks Rev. Andy for the counsel. Do you suppose I could get a similar Imprimatur from my Pope just to be safe as he has a habit of approving some rather different, disparate matters. My normal BS filters serve me well but the battery must have failed this morning.
The best investment advice that I get is from Kereport; Al and his gang of two, guests and the savvy and cerebral commentators who generously share observations and comments.
Best
Can’t speak for the pope Dai. Al’s a pretty good yardstick as to how to behave, and he’s not reproved me ….yet!!
Ever since Casey Research joined with Stansberry, they went into my ‘ignore’ category. I like Doug Casey, but must admit I’m a disappointed.
We’ve been talking about (MAN) (MMNGF) Monster Mining Corp. over the last few days, as it is adjacent to Alexco at Keno Hill.
Well it’s up 100% so far today and I did my best to encourage people to look into it.
Cheers!
Monster Mining Corp. (MMNGF)
$0.4197 up +$0.2106 (+100.72% gain) As of 2:01 PM EDT
Monster Mining Update (MAN) (MMNGF)…
Monster Mining Corp. (MMNGF)
$0.36 up +$0.15 (+70.54% gain)
As of 2:38 PM EDT. Market still open…
As mentioned on Doc editorial I trimmed a big portion at that $.36 level yesterday, and sincerely hope it pulls back down in a major way, so I can buy back that position. If it keeps running again today, then the small position I have left will just have to cruise on…
We’ve been discussing some good Royalty aggregation companies and Prospect generators on here most of them have done well without newsletter hype, because they are good value.
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Here is a Year-To-Date composite Bar Chart of 10 Prospect Generator companies that have had a fair amount of discussion on here and still had a nice run so far this year (but remain less risky than an individual stock because they are diversified).
Companies included are: $KSK $EMX $SMD $GZZ $TEN $EPL $MRO $RZZ $CMJ $OSK
For what it’s worth I see resistance on GSV ar $2.91
Followed by sideways move, because of its extended overbought condition.
(Notwithstanding good exploration holes)