Chris Kimble - Kimble Charting Solutions – Thu 11 Jul, 2019

Chart Day – Focused on Gold and Copper

Chris Kimble, Founder of Kimble Charting Solutions kicks off today by sharing 5 charts focused on gold and copper. For gold there are some side markets that need to perk up to confirm the bull market. In terms of copper, sentiment is washed out and the price is testing a lower support zone. Just a couple things to watch in the near term.

Click here to visit Chris’s site and follow along with his trading.

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  1. On July 11, 2019 at 7:11 am,
    Excelsior says:

    (RNX) (RNKLF) RNC Minerals Files Dumont Nickel-Cobalt Project Updated Feasibility Study

    by @newswire on 11 Jul 2019

    “With the filing of the positive feasibility study, RNC, with our partner Waterton, are well positioned to accelerate discussions with potential partners to advance the Dumont project towards construction.” said Mark Selby, President and CEO of RNC. “Once in production, Dumont will be one of the largest base metal mines in Canada, one of the top five sulphide nickel producers globally, and one of the only large scale fully permitted nickel-cobalt projects that can begin to satisfy the significant growth in nickel and cobalt demand driven by the electric vehicle sector.”

    • On July 11, 2019 at 11:07 am,
      Excelsior says:

      (TV) (TREVF) Trevali has had the snot kicked out of it over the last year and a half, like most of the Zinc/Lead/Silver stocks, but their recent management circular has me encouraged that they’re turning the ship around and making progress so I’m starting to accumulate a position down here.


      Trevali Files Management Information Circular for Shareholder Meeting

      @nasdaq on 8 Jul 2019

      “, the Company ultimately achieved its 2018 consolidated zinc production guidance, and we took a number of important steps to set a foundation for strong and steady performance going forward. With a renewed Board and a dynamic new President and Chief Executive Officer, Trevali is approaching the next phase of its development with a refreshed focus.”

      “During the year, Trevali continued its shift into the next phase of its development. In particular, significant work was done in 2018 to integrate the Perkoa and Rosh Pinah mines into our portfolio. These two operating mines are a core part of Trevali’s earnings, and the Company continues focus on optimizing the operations of these mines and all of Trevali’s assets.”

      “Trevali has begun 2019 with renewed energy. Since our last AGM we have appointed a new Chair, one new Board member, and made a number of changes to the senior management team.”

      “The engagement of the Transition Oversight Committee was evident in the Company’s strong financial and operational results for the three months ended March 31, 2019. We are on track to meet our 2019 guidance, and all of our mines are generating positive cash flow at today’s process notwithstanding the significance increase in zinc treatment charges that has been absorbed this year.”

      • On July 11, 2019 at 2:26 pm,
        Excelsior says:

        While I’m posting about the base metals Fireweed also had a new presser.

        (FWZ) (FWEDF) Fireweed Exploration Update: Seven Core Drill Holes, 17 Reverse Circulation Holes Completed & Field Work Underway

        by @nasdaq on 11 Jul 2019

        • On July 11, 2019 at 4:29 pm,
          Excelsior says:

          (ZNX) (CZXMF) ZincX Resources Announces Drilling has Commenced at Akie

          by @accesswire on 19 Jun 2019

          • On July 12, 2019 at 4:37 am,
            Excelsior says:

            (VTT) (VDTAF) Vendetta Provides Project and Corporate Update

            @newsfile on 10 Jul 2019

            “The PEA outlined a 10-year mine plan that generates a strong economic return with a (base case) pre-tax IRR of 32% (after tax 24%) and NPV8% of $201M ($128M after tax) using long term consensus metal prices of $0.91/lb lead, $1.09/lb zinc and $16.50/oz silver.”

            “The PEA indicated a strong sensitivity to metal prices and US$:A$ exchange rate with a pre-tax IRR of 37% (after tax 27%) and NPV8% of $249M ($158M after tax), using metal prices as of January 22, 2019 of $0.94/lb lead, $1.25/lb zinc and $15.30/oz silver and US$:A$ of $0.71.”


  2. On July 11, 2019 at 7:22 am,
    Matthew says:
  3. On July 11, 2019 at 9:47 am,
    Silverdollar says:

    Cory: Many of your previous posts of your discussions with Chris had his charts posted just below the podcast. It’s really helpful while listening to be able to view the charts as you’re discussing them. Prefer the other method if it’s just the same to you. Thanks.

    • On July 11, 2019 at 9:49 am,
      Cory댊 says:

      Good call SD! I simply forgot to post the charts that Chris sent over… They are there now 🙂

  4. On July 11, 2019 at 10:15 am,
    Silverdollar says:

    Thank you, Sir. Now I’ll listen again…………..and enjoy again.

  5. On July 11, 2019 at 11:18 am,
    Excelsior says:

    Watch These 3 Key Indicators for Gold

    July 05, 2019 Jordan Roy-Bryne CMT, MFTA

    “Gold stocks often bottom with an end to rate hikes and then they begin to launch higher as the Fed begins rate cuts. Over the past 65 years and in 11 of 13 rate cut cycles the gold stocks averaged a return of 172% with a median gain of over 100%.”

  6. On July 11, 2019 at 12:01 pm,
    Matthew says:

    GDX has filled slightly more than half of yesterday’s 11 cent gap…

  7. On July 11, 2019 at 12:53 pm,
    markedtofuture says:
    • On July 11, 2019 at 2:13 pm,
      Excelsior says:

      Now everyone feels like Steve Crowder and Alex Jones.

      Everyone has been “unpersoned” for the day. (lol)

      • On July 11, 2019 at 2:15 pm,
        Excelsior says:

        It would be nice if Twitter, Facebook, Instagram, Snapchat, and all the social media sites went down for about a month or two. People may pop their head out of the clouds and start real dialogues with the folks all around them every day.

        Just a thought….

        • On July 11, 2019 at 2:20 pm,
          Charles says: