Lobo Tiggre - The Independent Speculator – Thu 25 Oct, 2018

Insights Into Vanadium, Uranium, and Gold Stocks

Lobo Tiggre, Editor of The Independent Speculator joins me today to chat about the opportunities he sees in the Vanadium, Uranium, and Gold sector. Lobo has interviewed a number of companies that he thinks have interesting stories which can be listened to on his website. Please let me know if there are any companies y0ou would like me to discuss with Lobo in future interviews.

Click download link to listen on this device: Download Show

Click here to visit Lobo’s site and view the interviews mentioned in recording above.

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Comments:
  1. On October 25, 2018 at 11:30 am,
    Matthew says:

    Looks like the miners want to test the 10/11 gap…
    http://schrts.co/TnNRHQ

  2. On October 25, 2018 at 12:04 pm,
    Matthew says:

    Stocks might be in for a bigger bounce than I was expecting:
    https://kingworldnews.com/wp-content/uploads/2018/10/KWN-SentimenTrader-I-10242018.jpg

  3. On October 25, 2018 at 12:11 pm,
    Matthew says:
    • On October 25, 2018 at 12:38 pm,
      Charles says:

      i would guess you are looking for FXI to hold at or above the 50% retracement (middle of the fork) and that if this occurs it would be bullish for gold?

      • On October 25, 2018 at 7:02 pm,
        Matthew says:

        Looking at the monthly chart, the middle of that fork may not hold for long.
        What’s best for gold, is unclear to me but I’m leaning toward a weak FXI. Plenty of deep Western pockets play China so if it does poorly while stock markets everywhere are doing poorly, gold’s safe haven bid should strengthen. The counter argument would include the fact that the Chinese like to buy gold when they are doing well so a strong Chinese stock market would be good for gold.
        Either way, FXI is potentially something to trade.

        • On October 26, 2018 at 9:44 am,
          Charles says:

          Agree about being a good stock to trade. Keep me posted if/when you think its a good time to pick up some shares.

  4. On October 25, 2018 at 12:25 pm,
    Charles says:

    Hey Matthew –

    I was looking at the bearish wedge on the daily chart for ISVLF beginning with the highs from the week of 9/17 and the lows from the week of 9/24. Based on the breakdown from that wedge the week of 10/15 the measured move (drawing a perpendicular line from the top of the wedge down to the the low the week of the 24th) would indicate that the current price level would be the low. And it is holding slightly above the low the week of 9/24. So it seems to me are do for a turn shortly. Volume has certainly dried up so it seems like there might not be much downside even if the stock trades a bit further down. Is that your take?

    • On October 25, 2018 at 7:07 pm,
      Matthew says:

      I agree with your reading and will be watching for a reversal of today’s very negative divergence between the metals and the miners. Gold could easily fall $20 from here and I want to see the miners show relative strength if it does.

      • On October 26, 2018 at 9:42 am,
        Charles says:

        Yeah I agree about the .20 support. Hopefully that doesn’t give way. Had a big move up so far today, but its on really light volume in comparison to the down days over the past month. Indicators are starting to turn. It will be interesting to see how it finishes today.

  5. On October 25, 2018 at 1:50 pm,
    Charles says:

    Looks like the market will have a little turmoil tomorrow:

    https://www.zerohedge.com/news/2018-10-25/alphabet-shares-plunge-after-missing-revenues

  6. On October 25, 2018 at 1:57 pm,
    Charles says:
  7. On October 25, 2018 at 1:58 pm,
    Jason says:

    Big red bar AFTER close today. That was 401K / 403B accounts dumping. So who panic sold their retirement low? lol

    I got big money on TVIX and NUGT for a swing trade tomorrow.

  8. On October 25, 2018 at 3:43 pm,
    Charles says:

    Good to know. I looked attractive S&P 500 futures and all was calm, but it could have been delayed. Maybe I should have looked at the Nasdaq futures.

  9. On October 25, 2018 at 7:23 pm,
    Matthew says:

    Charles, sorry I got sidetracked earlier. Anaconda Mining looks very good to me on the daily and weekly charts. I don’t own or follow it but wouldn’t hesitate to buy it first and research it later.
    You’re right that it needs to take out .275 as that would activate a good little inverse head and shoulders pattern.

    • On October 25, 2018 at 9:34 pm,
      Excelsior says:

      Just search for Anaconda mining here on the KER. We did a ton of research on ANX here on this blog regularly since 2017. Cory has also had Dustin on the show a half dozen times to unpack news stories and company strategy. I remain very impressed with their young up and coming management, technical, and exploration team.

    • On October 26, 2018 at 5:46 am,
      Charles says:

      Thanks for your thoughts Matthew. I’ll watch to see if it takes out that .275 level.

  10. On October 25, 2018 at 9:36 pm,
    Excelsior says:

    Wow. I’ve been tied up the last few days, but it is wild that Goldcorp crashed 18.4% today. That’s a big move for a Major Gold producer, and it traded like a volatile Jr explorer today. Fugly.

    • On October 26, 2018 at 5:52 am,
      Charles says:

      Capitulation move maybe? RSI on the weekly is getting pretty oversold, but the MACD has turned back down. Might have some more to go. Fortunately I don’t own it.

      • On October 26, 2018 at 6:40 am,
        Charles says:

        Just looked at DUST and it had a big move up yesterday after bouncing off the 200 day moving average which is trending up. However VXX looks like it could have more room to the upside which would be bearish for stocks. The 3.5% GDP number announced this morning moved the S&P stock futures more positive (less negative), but they have since come back down. However $GDXHLP (Gold Miners New Highs versus New Lows) which is bearish for the miners. I am starting to think this move it is still more negative than positive for the miners (at least the large miners that typical lead the market) right now. I am wondering if the watershed moment for the miners might be when the market turns around. Very However they probably need help from a higher gold and silver price or a significant drop in oil IMHO. In any event it is very muddy right now.

      • On October 26, 2018 at 8:06 am,
        Excelsior says:

        Yeah, I don’t own Goldcorp either, but I’m no stranger to double-digit moves to the upside or downside in mining stocks. Someone else had mentioned it over at ceo.ca and I thought I misread it at first until I went and looked at their chart. That is just a startling move in a company that size, and must have impacted larger institutional investors in a big way. Also much of the ETF pain yesterday was likely accelerated by that holding getting pummeled.

  11. On October 25, 2018 at 9:39 pm,
    Ozibatla says:

    Geez 18%, that is a beating. Volatility is flavour of the month!

    • On October 26, 2018 at 8:25 am,
      Excelsior says:

      +18

  12. On October 26, 2018 at 9:13 am,
    Excelsior says:

    As for Vanadium, it is interesting that a number of Uranium companies actually have both deposits. Energy Fuels is the biggest Uranium producer in the US, but they have nice Vanadium credits. Western Uranium changed their name to Western Uranium & Vanadium.

    My favorite combo for Uranium/Vanadium is Anfield Energy. They are the company that took over most of the old Uranium One assets in the US, and in addition to the Uranium deposits, they’ve also found good Vanadium targets and signatures in their deposits they acquired.

    Anfield Energy Identifies Vanadium Potential in Acquired Database

    http://anfieldenergy.com/anfield-energy-identifies-vanadium-potential-in-acquired-database/

    • On October 26, 2018 at 9:15 am,
      Excelsior says:

      #Vanadium price leaps to near-record high
      Frik Els | Oct 15, 2018

      “While not as exciting as the transformation in the auto market with the shift to electric vehicles, demand growth from batteries used for renewable Energy Storage has the potential to have a bigger impact on mining.”

      http://www.mining.com/vanadium-price-leaps-near-record-high/

    • On October 26, 2018 at 9:25 am,
      Excelsior says:

      Anfield Announces Uranium Resource Estimate for the Charlie Project

      > The resource estimate includes:

      – an Indicated Mineral Resource of 1,260,000 tons of mineralized material with an average grade of 0.123% eU3O8 (equivalent to an Indicated Resource of 3,100,000 pounds of eU3O8); and
      – an Inferred Mineral Resource of 558,000 tons of mineralized material with an average grade of 0.125% eU3O8 (equivalent to an Inferred Resource of 1,400,000 pounds of eU3O8); and
      – an Exploration Target ranging from 280,000 to 680,000 tons with an average grade ranging from 0.090 to 0.151 %eU3O8 (equivalent to an Exploration Target ranging from 500,000 to 1,300,000 pounds of eU3O8).

      Corey Dias, Anfield CEO, states, “We are very pleased to receive an updated resource for the Charlie Project. We view Charlie as an extremely strategic asset due not only to its advanced nature but also to its close proximity to two of Uranium One’s currently-producing mines and its uranium satellite processing plant. Based on the updated resource, we believe that there is ample justification to advance to the next development phase on the Charlie Project. In addition, we have met with the Wyoming Office of State Lands and Investments with regard to the transfer of the Charlie lease. We are aiming to close the ongoing Cotter transaction in the next 60 to 90 days, which will allow us to move the Charlie Project forward.”

      http://anfieldenergy.com/anfield-announces-uranium-resource-estimate-for-the-charlie-project/

      • On October 26, 2018 at 9:27 am,
        Excelsior says:

        State of Wyoming is Proactive in Approach to Aid Uranium Companies Along Path to Production

        Corey Dias, Anfield CEO, states, “We are very pleased to see Wyoming achieve Agreement State status. This is critical as it will allow for an even faster path to the licensing and permitting of projects, similar to what we have experienced in Utah. Moreover, it creates a much more straightforward path towards potential production for our 25 Wyoming-based uranium projects, including the Charlie Project, as the timeline for licensing and permitting is expected to decrease in this new environment. As a reminder, Charlie is the focus of Anfield’s near-term ISR production strategy. Anfield’s near-term goal of creating a uranium production complex in Wyoming through the combination of Charlie and Anfield’s resin processing agreement with Uranium One is strengthened by this news”.

        http://anfieldenergy.com/state-of-wyoming-is-proactive-in-approach-to-aid-uranium-companies-along-path-to-production/

    • On October 26, 2018 at 9:46 am,
      Charles says:

      I sold my UUUU shares close to the recent top, but I am looking to get back in. When it calms back down.

      • On October 26, 2018 at 9:58 am,
        Excelsior says:

        We’re in the same boat then. I felt it had run too far too fast, even though I’m a huge fan of the company and have been trading in and out of it since 2010.

        Energy Fuels is a go to name in the US and has a number of prior company flagships in their pipeline that they acquired through multiple acquisitions.

        I still have URG, NXE, UEC and AEC. I had sold out of DNN recently on the move up, but am considering getting back into it as well in the near future.

        The other companies on my Uranium want list and larger watchlist are still on my mind, but I believe there is still more time until the supply/demand effects (of which there are many competing narratives going on), will create a better pricing environment when the longer term contracts get negotiated. Cheers!

  13. On October 26, 2018 at 10:24 am,
    charles says:

    Thanks for the info. I sold out of DNN (maybe a little early) and might also get in that name. I like NXE and UEC, but I have never owned. I know the Anfield name, but I have never really tracked it. Do all of these names have Vanadium in their mines?

    • On October 26, 2018 at 11:46 am,
      Excelsior says:

      Hi, no only Anfield, Energy Fuels, and Western Uranium & Vanadium in those mentioned, but I’m not all the way up to speed on which other Uranium companies may have a reasonable Vanadium credit.

      I was mentioning NXE, UEC,and DNN because they are other quality names in the Uranium space.

      NexGen has one of the highest grade deposits found, without the normal water issues that plague other companies in the Athabasca basin.

      UEC has insitu mining development in Texas & Wyoming, and an interesting ISR project they picked up in Paraguay.

      DNN is the closest to new production in the Athabasca Basin, and announced a big savings in capex and build out by switching from underground to ISR mining. In addition they own 20% of GoviEx, and manage the Uranium Participation Group assets. They also have an enviromental clean up division.

    • On October 26, 2018 at 11:49 am,
      Excelsior says:

      Largo Resources is a pure play Vanadium company, that has been at it for a while (even when Vanadium wasn’t cool).

      Other companies like Vanadium One, Prophecy Develoment, and Berkwood Res are in the Vanadium spotlight now.

      I believe Blue Sky Uranium has some good Vanadium credits as well.

      • On October 26, 2018 at 2:01 pm,
        Excelsior says:

        There is also First Vanadium Corp.

  14. On October 26, 2018 at 12:37 pm,
    Charles says:

    Thanks Ex!


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