A shift in sentiment and money flows to the US and an update on China/US tensions
Marc Chandler is with us today to recap the key economic data from this week and the shift in sentiment towards the US vs Europe. While so much of the market moves and economic data is dependent on central bank policies the data and money flows are important note in terms of trends.
Hi bonzo – I believe this may be in my response to comments on the Vic S. blog, but yes, the recent drill hole success this week, and their prospective land package in the Abitibi Greenstone Belt near a number of other players is worth reviewing.
As for Precipitate Gold, yes, I’m a shareholder at much lower prices, and have posted on them a number of times here at the KER. I’m excited about what their JV partner Barrick will doing to spend on their project in the next year and half, and having Quinton H. on board is definitely nice. He likes to focus on what he believes will be the largest deposits that can really help the industry, like Novo, Irving, Lion One, etc…
As for Tristar Gold I’ve looked at it and am OK with Brazil, (as a shareholder of Jaguar Mining), but haven’t pulled the trigger on it yet. I also think Eloro Resources that Q.H. is involved with looks quite prospective, and I’d be tempted personally to buy that before Tristar. Both look interesting though.
Just for clarity – that first paragraph was about QMX Gold (since I didn’t post which company I was discussing), and this was the “drill hole success” I was referencing.
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(QMX) (QMXGF) QMX Gold Reports 6.48 g/t Au Over 73.2 Metres Within Current Pit Shell and Demonstrates Significant Depth Potential Intersecting 35.56 g/t Au Over 4.0 M at Depth at Bonnefond
August 18, 2020
Excelsior, glad you own PREIF too. I already own Eloro and Condor at much lower prices, so today I got some TriStar to get into Brazil.
Nice. Yes, Condor looks prospective as well. If you like the Quinton Hennigh picks you really must check out the Crescat Capital videos with Tavi Costa as they cover most of those companies with Q.H. as their guests, and he peels back why he backed each of those companies.
There are 6 videos so far titled “Crescat gets activist on Gold.”
https://www.youtube.com/channel/UCH1gkvmtAWe85N4qHmXlDug/videos
As for Precipitate, I like it enough to have picked it as one of my 3 choices for the Summer Stock Picking contest over at ceo.ca. We’ll see how it goes as the contest ends in mid-September, and I’ve been waiting for a news update over at Precipitate beyond the positive rock chip sample news release a few weeks back.
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(PRG) (PREIF) Precipitate Expands Copey Hill Zone and Returns Rock Sample Grading 53.0 g/t Gold at Ponton Project, Dominican Republic
July 21, 2020
Excelsior, guess I’ll have to look at QMX tomorrow. I bought PREIF and and TSGZF today for the first time. Do you and Matthew own those? Quinton is a director at both which is always nice.