David Erfle - Gold Market Commentary – Tue 10 Nov, 2020

Making sense of the different market reactions in gold, gold miners, and the juniors over the past 2 trading days

Dave Erfle, Founder of The Junior Miner Junky joins me to share his insights on the last 2 days of trading for everything from gold the whole way down to the juniors. We talk technicals for gold and what is helping supporting the juniors.

Click here to visit Dave’s site – The Junior Miner Junky.

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Comments:
  1. On November 10, 2020 at 1:17 pm,
    Paul says:

    David, if Monarch Gold gets more bids, maybe Alamos gets involved where to you think a reasonable bid would be, $1.00 Canadian??

    • On November 11, 2020 at 5:33 am,
      David Erfle says:

      Hello Paul, maybe C$0.80-C$0.90 cents if a bidding war ensues. Best of luck.

  2. On November 10, 2020 at 2:50 pm,
    bonzo says:

    CNRIF was down over 30% today! WTF?

    • On November 10, 2020 at 5:37 pm,
      David says:

      I own Condor and did see anything concerning Condor specifically. There was some talk about a coup or change in President of Peru. Didn’t check other Peruvian miners but that may be the concern…increased risk. If political, may want to see how unstable things are. So far I am holding to see what’s going on.

      • On November 10, 2020 at 5:39 pm,
        David says:

        Add “not”…I did not see anything Condor specific

      • On November 10, 2020 at 6:55 pm,
        David says:

        Looks like the President of Peru was impeached. Peru also has one of the worst Covid records in the world. Worse than US at the moment. A bunch of issues going on. New President not appointed yet.

  3. On November 10, 2020 at 3:01 pm,
    cfs says:

    MacDonald Mines drills 17.06 m of 3.9 g/t Au at SPJ
    2020-11-10 12:24 ET – News Release

    Mr. Quentin Yarie reports

    MACDONALD MINES DRILLS 17.06 M OF 3.90 G/T GOLD AND 4.75 M OF 10.29 G/T GOLD IN THE SOUTHERN EXTENSION OF THE SCADDING DEPOSIT
    MacDonald Mines Exploration Ltd. has released further assay results from its continuing 14,000-metre 2020 drilling program at the SPJ property, located 40 km east of Sudbury, Ont.

  4. On November 10, 2020 at 3:04 pm,
    cfs says:

    Consolidated Woodjam drills 110 m of 2.57 g/t Au

    2020-11-10 11:31 ET – News Release
    Mr. Glen Garratt reports
    WOODJAM DRILLING RETURNS 110 METRES OF 2.57 G/T GOLD INCLUDING 26 METRES OF 5.89 G/T GOLD
    Consolidated Woodjam Copper Corp. is continuing the drilling program for the Deerhorn zone at its 100-per-cent-owned, 64,000-hectare Woodjam project located 50 kilometres east of the community of Williams Lake, B.C.

  5. On November 10, 2020 at 5:07 pm,
    cfs says:
    • On November 11, 2020 at 10:47 am,
      Marty says:

      Rick Ackerman – YouTube: Ricks Picks – nice chart thoughts on GOLD

  6. On November 11, 2020 at 6:12 am,
    Glenfidish says:

    Hi Canuck,

    You had asked me what I was buying lately.
    HGU.TO ( 1/4 used of my 4th tranche)
    Scorpio ( Canadian ticket) at recent lows

    The remaining 3/4 of my last tranche is saved up iand may not be deployed if we head higher soon. Remains to be seen.

    Best of luck

    Glen

    • On November 11, 2020 at 8:58 am,
      Wolfster says:

      Thanks for all updates Glenfidish ….I am reading them all. Just to busy to reply or add anything of significance. Cheers