David Erfle - Gold Market Commentary – Tue 30 Jan, 2018

Comments On PMs, Zinc, and Copper – Plus Some Stocks To Watch

On my conversation with David Erfle, The Junior Miner Junky, we look at the broad PM stock sector and take a closer look at copper and zinc. We also discuss a couple companies that David thinks you should be paying attention to.

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Comments:
  1. On January 30, 2018 at 1:29 pm,
    CFS says:

    Ira Epstein Metals:

    https://youtu.be/whZVL4pBf5w?t=32

    • On January 30, 2018 at 11:55 pm,
      Excelsior says:

      David Erfle: Stock Picks and Gold Price Prediction

      InvestingNews
      Published on Jan 25, 2018

      “David Erfle of JuniorMinerJunky shares his stock picks, advice for investors and predictions for the gold price in this video interview.”

      https://www.youtube.com/watch?v=VhrGdgE9aNA

  2. On January 30, 2018 at 2:19 pm,
    CFS says:

    Russia has gold…..

    https://youtu.be/70FWexgrRiw

  3. On January 30, 2018 at 2:25 pm,
    CFS says:
  4. On January 30, 2018 at 2:28 pm,
    CFS says:

    Mannarino said everything sold off today….obviously he was not watching grains.

    Wheat WILL GO UP because of weather……We are not in global warming, folks.

    • On January 31, 2018 at 1:49 pm,
      OOTB Jerry says:

      I do not think he is into grains……….

  5. On January 30, 2018 at 2:36 pm,
    CFS says:
  6. On January 30, 2018 at 9:31 pm,
    Excelsior says:

    METALS-Supply worries drive Zinc to 10 1/2-year high

    Reuters – Peter Hobson

    https://www.reuters.com/article/global-metals/metals-supply-worries-drive-zinc-to-10-1-2-year-high-idUSL8N1PO2YZ

  7. On January 30, 2018 at 9:39 pm,
    Excelsior says:

    (TK) (TKRFF) Tinka Resources Ltd. (Alvaro Fernandez-Baca)

    Metals Investor Forum Nov. 2017: #VIDEO #CorporatePresentation

    https://www.youtube.com/watch?v=oen3y3KlDTk

    • On January 30, 2018 at 9:41 pm,
      Excelsior says:

      “Ayawilca Zinc Project” Gwen Preston & Alvaro Fernandez-Baca, V.P. Exploration

      “Gwen Preston, Editor of Resource Maven, interviews Tinka Resources Ltd., Alvaro Fernandez-Baca, V.P. Exploration at the November 10+11, 2017 Metals Investor Forum.”

      https://www.youtube.com/watch?v=ykSH-gIEBfc&t=21s

      • On January 30, 2018 at 9:42 pm,
        Excelsior says:

        Tinka Resources at 121 Mining Investment London 2017

        “At the 121 Mining Investment London Autumn 2017 conference over 250 institutional investors and analysts met with the management teams of 70 mining companies in over 1000 pre-arranged 1-2-1 meetings. ”

        https://www.youtube.com/watch?v=VxgrjiPJYsE

  8. On January 30, 2018 at 9:45 pm,
    Excelsior says:

    (VTT) (VDTAF) Vendetta Mining Corp (Michael Williams)

    Metals Investor Forum Jan 2018: #VIDEO #CorporatePresentation

    https://www.youtube.com/watch?v=PAhB_wGhevY&t=6s

    • On January 30, 2018 at 9:46 pm,
      Excelsior says:

      Vendetta Mining (TSXV: VTT) CEO: We See a Big Opportunity in Zinc

      SmallCapPower – Sep 21, 2017 #VIDEO

      “In this interview with SmallCapPower, Vendetta Mining Corp. (TSXV: VTT) President and CEO Michael Williams talks about why Vendetta decided to focus on a lead-zinc deposit in Australia and why its Pegmont project shows so much promise. He also discusses the significance of Vendetta’s updated resource estimate and what its shareholders have to look forward to in the coming year.”

      https://www.youtube.com/watch?v=FuOfvrNh5sE

      • On January 30, 2018 at 10:27 pm,
        Excelsior says:

        “Location, Location, Location” Eric Coffin & Michael Williams, President, CEO & Director

        “Eric Coffin, Editor of HRA Advisories, interviews Vendetta Mining Corp., Michael Williams, President, CEO & Director at the November 10+11, 2017 Metals Investor Forum.”

        https://www.youtube.com/watch?v=C2PyoPzwPns&t=1s

        • On January 31, 2018 at 6:09 am,
          Excelsior says:

          (VTT) Vendetta Reports Shallow High Grade Drilling Results from Surface at the Pegmont Lead-Zinc Project
          by @newsfile on January 31, 2018

          * Zone 1 Sulphide Highlights:

          PVRD104: 7.10 metres of 11.02% Pb+Zn (7.10% Pb, 3.93% Zn);

          PVRD109: 5.77 metres of 11.56% Pb+Zn (7.87% Pb, 3.69% Zn);

          and: 5.15 metres of 14.02% Pb+Zn (10.95% Pb, 3.07% Zn); and

          PVRD111: 5.72 metres of 11.55% Pb+Zn (7.79% Pb, 3.76% Zn)

          ** Zone 1 Transition Highlights:

          PVRD123: 8.54 metres of 12.56% Pb+Zn (9.52% Pb, 3.04% Zn); and

          PVRD126: 9.26 metres of 11.23% Pb+Zn (8.31% Pb, 2.91% Zn)

          https://ceo.ca/@newsfile/vendetta-reports-shallow-high-grade-drilling-results

  9. On January 30, 2018 at 9:48 pm,
    Excelsior says:

    Huge Buy Opportunity In The Zinc Market – Max Porterfield Interview (Callinex Mines)

    FutureMoneyTrends – Sep 5, 2017 #Audio Interview

    “Max Porterfield of Callinex Mines Inc is with us to give us an important update on the Zinc Markets and why this could be an amazing opportunity for Zinc Investors.
    We look over the supply shortage and the overwhelming demand of Zinc, also Max gives us and overview of Callinex Mines and its potential in the long run.”

    https://www.youtube.com/watch?v=TNBZ80qRmgU

    • On January 30, 2018 at 9:50 pm,
      Excelsior says:

      Subscriber Summit: Callinex Mines (CNX) (CLLXF)

      CEO.CA – Nov 1, 2017 #VIDEO

      https://www.youtube.com/watch?v=nkxXc89J0Lc&t=10s

      • On January 30, 2018 at 9:51 pm,
        Excelsior says:

        Exploration Insights’ Investigates Callinex Mines (TSXV:CNX)

        CEO.CA – Apr 16, 2017

        “Exploration Insights editor Joe Mazumdar travels to Flin Flon, Manitoba to tour the Pine Bay property of Callinex Mines (TSXV:CNX), a junior zinc exploration company traded on the TSXV.”

        https://www.youtube.com/watch?v=QXKWlLPA02I&t=9s

        • On January 30, 2018 at 9:54 pm,
          Excelsior says:

          Why You Should Go On A Site Visit – Callinex Mines

          The Next Big Rush – Apr 7, 2017

          “This week I had the amazing opportunity to go visit Callinex Mines’ Pine Bay project in Flin Flon, Manitoba. Callinex is an interesting junior mining company exploring for zinc in proven jurisdictions near great infrastructure. ”

          https://www.youtube.com/watch?v=QXKWlLPA02I&t=9s

          • On January 30, 2018 at 9:56 pm,
            Excelsior says:

            “Plenty of Catalysts” – Joe Mazumdar with Callinex CEO Max Porterfield

            Metals Investor Forum – May 18, 2017 #VIDEO

            “Joe Mazumdar, Co-Editor of Exploration Insights, interviews Max Porterfield, CEO of his new pick Callinex Mines Inc.”

            https://www.youtube.com/watch?v=5IKfXir6A-Q&t=8s

          • On January 31, 2018 at 9:56 am,
            Junior says:

            Are you invested in Callinex Excelsor? It looks like an interesting play.

  10. On January 30, 2018 at 9:57 pm,
    Excelsior says:

    Fireweed Zinc Ltd (Brandon Macdonald)

    Metals Investor Forum, January 2018: #VIDEO #CorporatePresentation

    https://www.youtube.com/watch?v=jINvdl0LXgE

    • On January 30, 2018 at 9:59 pm,
      Excelsior says:

      “60-70% improvement in all categories” Eric Coffin and Brandon Macdonald, CEO of Fireweed Zinc Ltd.

      “Eric Coffin, Editor of HRA Advisories, interviews Brandon Macdonald, CEO of Fireweed Zinc Ltd. at the January 19-20, 2018 Metals Investor Forum.”

      https://www.youtube.com/watch?v=4uRkDWb7Nag

      • On January 30, 2018 at 10:00 pm,
        Excelsior says:

        “What makes us different?” Joe Mazumdar and Brandon Macdonald CEO of Fireweed Zinc Ltd.

        “Joe Mazumdar, editor of Economic Geologist, Exploration Insights interviews Brandon Macdonald CEO of Fireweed Zinc Ltd. at the January 19-20 2018 Metals Investor Forum.”

        https://www.youtube.com/watch?v=8an7ZHsY9no

        • On January 30, 2018 at 10:01 pm,
          Excelsior says:

          “World Class Project” Sean Brodrick and Brandon Macdonald, CEO of Fireweed Zinc Ltd. (FWZ)

          “Sean Brodrick, editor of The Edelson Institute interviews Brandon Macdonald CEO of Fireweed Zinc Ltd at the January 19-20 2018 Metals Investor Forum.”

          https://www.youtube.com/watch?v=QREQW02Rrn0

  11. On January 30, 2018 at 10:03 pm,
    Excelsior says:

    (HRR.AX) (HER) (HRLDF) Heron Resources Diggers & Dealers 2017

    [huge Copper Zinc project being constructed in Australia w/ near term production]

    https://www.youtube.com/watch?v=LWZrzr9i2ds

    • On January 30, 2018 at 10:05 pm,
      Excelsior says:

      (HER) Heron Resources Limited – 2017 AGM Managing Director’s Presentation

      “Heron Managing Director Mr Wayne Taylor addresses shareholders at the Annual General Meeting. Held at the Grace Hotel, Sydney, at 2pm on Wednesday 29th November, 2017.”

      https://www.youtube.com/watch?v=pnTeNobD6-I

  12. On January 30, 2018 at 11:19 pm,
    Excelsior says:

    Have Investors Given Up On Gold? Gary Wagner Talks

    Jan 30, 2018

    “Gold declined in Monday’s session, but one technical analyst said that any further erosion in equity markets will benefit the yellow metal.”

    https://www.youtube.com/watch?v=Z84hQbxD5P4

  13. On January 30, 2018 at 11:21 pm,
    Excelsior says:

    Premier Silver Producer in China – Silvercorp Metals Inc.

    Cambridge House – Jan 30, 2018

    https://www.youtube.com/watch?v=zZ_iuUf4E6c

    • On January 31, 2018 at 1:07 am,
      Excelsior says:

      What is impressive with SVM Silvercorp is that their AISC is now $2.26 per ounce of Silver Equivalent because they have low operational costs, high grade silver, and lots of Zinc & Lead credits. Very impressive free cash flow and a dividend.

  14. On January 31, 2018 at 7:28 am,
    spanky says:

    Remember when I said to buy AMZN when it was under $1000? It’s now aroung $1500 on its way to $2000 and beyond.

    It’s clear why it is going up. It is fascism + the express Fed Put. You literally cannot and will not lose in nominal USD terms ever. The USD will be sacrificed before AMZN ever drops more than 10%. Liquidity is being force fed into the stock market by the greatest moral hazard the world has ever seen. They will likely confiscate gold and nationalize mines when it is clear the system is terminal.

    • On January 31, 2018 at 8:16 am,
      Matthew says:

      If your analysis begins and ends with a trend line, then you should have bought it. That can work fine for you if are disciplined with your risk management. Your call for 2000 and beyond is based only on linear extrapolation and that is a big mistake.

      With a P/E of 368 and P/B of 28, AMZN makes for one silly and unappealing investment in my book.

      • On January 31, 2018 at 8:22 am,
        spanky says:

        My call for $2000+ is not linear extrapolation. It is based on the explicit words of the Fed and the fact that AMZN now has a critical mass of resources and talent for global domination thanks to the US govt.

        • On January 31, 2018 at 9:23 am,
          Matthew says:

          I still still think it is due to linear extrapolation as we both know that you’d not have any confidence in the Fed’s explicit words or anything else if it hadn’t been rising relentlessly.

          Is it not overvalued at 368 times earnings? It should to be 33% higher? I think it’s far more likely that your comment is a contrary indicator — a bell ringing at the top.

          • On January 31, 2018 at 9:35 am,
            Excelsior says:

            AMZN is valued at 368 times earnings. Wowzers!

            (now there’s some deep value… not)

          • On January 31, 2018 at 10:56 am,
            spanky says:

            It’s value is infinite in USD terms. Just like everything else. It’s just for now and the foreseeable future, as long as their are legal tender laws and the USD is the reserve currency, the vast majority of gloabl liquidity is going to go in to stocks like AMZN.

          • On January 31, 2018 at 11:48 am,
            Matthew says:

            That’s ridiculous and AMZN is expensive by almost any useful measure.

  15. On January 31, 2018 at 7:37 am,
    Excelsior says:

    (ANX) (ANXGD) Anaconda Mining – Positive Preliminary Economic Assessment On Its Goldboro Gold Project

    by @Leni on January 31, 2018

    https://ceo.ca/@leni/anaconda-mining-positive-preliminary-economic-assessment-on-its-goldboro-gold-project

  16. On January 31, 2018 at 8:19 am,
    spanky says:

    $CDNX monthly candle doesn’t look so hot (unless it manages to rally 30+ points today). In fact it looks like a textbook gravestone doji atm.

    http://stockcharts.com/h-sc/ui?s=%24CDNX&p=M&b=5&g=0&id=p46525149373&a=574735133&listNum=1

    • On January 31, 2018 at 9:28 am,
      Matthew says:

      Are you kidding? The entire candle is outside of the Bollinger bands which look very bullish along with the rest of the technical picture. It’s wild how you’ll look at things in isolation in order to see it in the most bearish way possible.

    • On January 31, 2018 at 9:54 am,
      Matthew says:
  17. On January 31, 2018 at 10:00 am,
    Junior says:

    I’m looking to pick something up in the zinc sector. What do you guys currently hold positions in?

    • On January 31, 2018 at 10:02 am,
      Excelsior says:

      I posted about 20 links up above with information on some quality Zinc names that I hold personally. Hours of information to digest if you are interested in the Zinc sector.

  18. On January 31, 2018 at 11:16 am,
    Junior says:

    I’m trying to abuse all your work though Excelsior and see if you’ll say which one of those plays looks the BEST in your opinion and then go spend a couple hours digging into that company to see if I agree.

    • On January 31, 2018 at 8:19 pm,
      Excelsior says:

      I believe either (TK) or (VTT) have the highest odds of being taken over this year and they are probably the 2 best picks there.

      However, (CZX) has (TECK) as a key investor so they could get acquired this year as well.

      (CNX) is still trying to prove out their thesis but (HBM) is their clear suitor.

      (FWZ) has had a strong move recently due to their updated resource, but I’m not sure that they are as close to a takeover.

      I threw in (HER) because they are one of the few companies actually going into large scale Zinc / Copper mining this year.

      If you want a producing company then (TV) or (PSE) are the ways to go.

      Some people like Explorers, some like Developers, and some like Producers to it all depends on your preference.

      Personally I like having a small basket with some in each sub-sector rather than betting the farm on just 1 name. Mining is too risky and there are too many challenges to risk everything on 1 company.

      If there was a gun to my head and I could only pick one Zinc story in 2018 it would be TK.

      • On January 31, 2018 at 8:21 pm,
        Excelsior says:

        If you consider VTT then I’d recommend looking after May, as that is when their warrants are free trading, so there may be some weakness there that can be exploited.

        • On January 31, 2018 at 8:34 pm,
          Excelsior says:

          Ascendant Resources also just went into production and looks quite prospective.

          Also for the exploration/development side Foran Mining, Karmin Exploration, Heatherdale Resources, and Solitario Exploration are other good names to explore further.