Skeena Resources – Drilling Update At Snip and An Upcoming Resource At Eskay Creek
For anyone who has been following my interviews with Skeena Resources (TSX.V:SKE) and its President and CEO Walter Coles you know that this could potentially be a big year for the Company. A resource for the Eskay Creek property is underway and expected in a couple months. Plus true exploration drilling is underway at the Snip project in hopes of finding anther Twin Zone which would be a Company maker. Walter and I discuss these main drivers the potential each have of driving the story.
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Please remember you can email me anytime with questions on Skeena or any other Company you think I should be looking into – Fleck@kereport.com.
Wow. Will Argentina ever get itself sorted out? A country with so many seeming natural advantages.
Where I live in S America, there is a brisk informal credit market. As I understand it, the legal limit is 3% per month, but 5% to 20% is common. Monthly. I don’t think you want to default on those who charge 20%. In any case, they tend to take collateral worth 3x the value of the loan, often in the form of a car.
MH has been pretty spot on with his calls. I pray this latest one is on the money:
http://www.321gold.com/editorials/sfs/hubbartt050418/goex.png
Everyone around here wishes the same…………
I’m bullish, and he may well be right, but the take-off still appears in question to my eye…if not now, soon enough, I believe.
GOEX looks a lot like a lot of weekly and monthly charts.
That is PM stocks
I’ll admit, $silver:$gold daily chart looks very good.
Well EXK pulled all the way back to its black candle on the daily chart. I imagine we will get a close at or below $2.82 soon, possibly today.
$2.75 would represent a perfect test of the neckline breakout.
Check that… more like 2.70.
I’m still flat, wavering…The JNUG daily chart is at an interesting juncture
For those who can see the intraday charts, what are the odds on this 2-hour chart that it will take out the 600 moving averages with the stochastics already overbought?
Still, the spring is wound, and inflection points are often marked by a move that seems improbable.
Who knows man. You are literally buying the apex of a massive triangle. It could break huge either way. It could also produce a very large sustained headfake/false breakout and immediately reverse. You either believe or don’t believe at this point IMO. Far easier psychologically to buy the first higher low after a breakout or the first lower high after a breakdown.
That’s why I’m flat 🙂
In JNUG it doesn’t do to take a ride down like that. If one is buying value in stocks or unleveraged funds for the longer term, it’s a different equation.
But now is the time to be watching, hence the post. Not to say BUY!!!
Of course, the unleveraged chart gives a better read on mid/junior miners, and at the risk of being hyperbolic, the weekly GDXJ screams that the next major move will be to the upside. I’ve cerrtainly got some doubt about being flat right now, may take a partial position any time.
The irony is, despite my day to day rantings, I am long bullion and miners with every dime of my life savings, and you are “flat.”
Technically, Strategic Metals is also in a very interesting position. I know nothing of the fundamentals and have no position.
The irony is, despite my day to day rantings, I am long bullion and miners with every dime of my life savings, and you are “flat.”
I’ll be in soon enough–it all depends on one’s personal situation and approach. I’m glad you recognize some irony ;-).
Good grief, Pompeo considers Netenyahoos proof of Iran making nuclear bombs authentic.
Israeli-Iranian Tensions Go Sky High As Israel Makes New Attempt To Undermine Nuclear Deal
Same old game…….have to have war to make the money…….War is a Racket..
Argentina raises interest rate to 40%
http://www.bbc.com/news/business-44001450