Why haven’t the gold juniors benefited from the move higher in gold?
I’ve received a lot of emails and comments recently asking why the juniors are still lagging the move in gold. With gold up around $400 in under 1 year the juniors are still stuck and not breaking out.
Jordan Roy-Byrne joins me to share his thoughts on why this sector is lagging. We look at the performance of gold vs the S&P, silver’s recent price action, and what the optionality plays are telling us about the new investors to the sector.
Need the Fed to quit interjecting themselves in markets. Problem solved.
Gold Is In A Bull Market
CEO Technician (aka @Goldfinger) – #VIDEO #TechnicalAnalysis #Chart
(SIL) (SILV) SilverCrest Announces Increased Metallurgical Recoveries for Las Chispas Feasibility Study
by @newsfile on 5 Mar 2020
Pierre Beaudoin, COO, noted, “We are pleased that the 95% AgEq precious metal recoveries reported in our comprehensive test work has allowed us to address one of the optimization opportunities outlined in the PEA. This effort has contributed to the further de-risking of the conceptual operational profile of Las Chispas. The metallurgical samples represented over 1.4 tonnes of mineralized material from surface to depth with applied knowledge on geo-metallurgy with respect to low to high grades, structural domains, geochemistry and oxide to sulfide mineralization. With these results and design in-hand, we have initiated the Basic Engineering for the process plant. Details of this metallurgical work and process design will be included in the FS now anticipated in the summer of 2020.”
funny and rather true comments from Eric Coffin regarding Silvercrest and their recent press release posted above:
@HRA-Coffin – “Nice. Doesn’t look like this will involve anything too significant in terms of addional capex/opex to lift the met recoveries by roughly 3% overall. 3% is real money at the grades $SIL will be mining. Given how well everything has gone at Las Chispas I’m changing my model to assume SilverCrest will stop doing financings and just send Eric Fier to the 7-11 to buy scratch and win tickets as, clearly, he’ll just pull winners every time….”
(ORX) (ORFDF) Orefinders Welcomes Eric Sprott as an Investor
by @newswire on 27 Feb 2020
“Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 12,857,160 Units for a total consideration of $642,858. Following the completion of the private placement, Mr. Sprott beneficially owns and controls 12,857,160 Common Shares and 6,428,580 Warrants of the Company representing approximately 8.07% of the issued and outstanding Common Shares of the Company on a non-diluted basis and approximately 11.64% of the issued and outstanding Common Shares on a partially diluted basis.”
https://ceo.ca/@newswire/orefinders-welcomes-eric-sprott-as-an-investor
(ORX) (ORFDF) Announces Knight Project Drill Program and Financing
by @newswire on 4 Feb 2020
“Orefinders has outlined three distinct targets on its Knight Gold Project which it plans to drill in 2020. Each of the three targets has distinct geological styles and have never been previously drill tested. Orefinders views the Knight Project as having highly prospective geology within a large mineralized system, with gold having been deposited over a protracted period. The geology of the Knight Project is complex and has similar features to those found in the Kirkland Lake-Larder Lake camp 110 km to the northeast.”
https://ceo.ca/@newswire/orefinders-announces-knight-project-drill-program-and
Jordan you been saying for months on this site as well in your newsletter that:
1, need stocks to sell off
2, fed to cut rates,
3, gold to breakout above 1500
Well fact is gold is up over 400 dollars, fed cut rates, and mkt selling off.
Now your saying we need inflation.
Any one knows that inflation is the number on factor to have gold, miners perform well steady and have bull mkt.
All you do is keep making excuses last year or so.
You and all other Junior miner newsletter guru are just lottery plays unless they get bought out or have big drill discovery.
People better off buying gdxj and when we finally see some inflation then buy gold stocks. If one bought jnug 2 years ago and rode out the up and downs they be 200 pct ahead today versus your picks.
That’s even with decay. And if they played the cycles of when it went up and sold half and bought back on lows they be big winners. If one just followed your own words on this site for last year saying gold is going up and when you said gold was due for correction and bought and sold jnug they be up big-time vs your stock pics.
I know cause I was a subscriber until I question you on this very fact, and the answer was you cancelled my subscription, so that being a coward who don’t want to take hard questions or critism you just cancelled them. Glad you dump me I got out of all your stocks because I had no way to follow them, and thanks because they all crashed. You lost ton money for your followers. Hope wheels justice find you.