Some key distinctions for the gold and gold stocks trade post Labor Day

September 13, 2021

Criag Hemke, Founder and Editor of TF Metals Report joins us (this was recorded on Friday) for a discussion focused on the trends in the precious metals and underlying stocks now that we have officially passed the summer doldrums. Still waiting for a new catalyst to drive the PMs we look ahead to the next few months and what all investors will be watching.

Click here to visit Craig’s site.

    Sep 13, 2021 13:23 AM

    Want an amusing and interesting dialogue? interviews Jim Willie , Sept 9, free listen.

      Sep 13, 2021 13:37 AM

      Jim Willie… that cokehead is entertaining, but if you take anything he says seriously then you are a bigger rube than anyone who takes Turd… uh, sorrry, Craig,… seriously.
      These clowns must laugh hysterically every time they get a new paid sucker… uh, sorry again… subscriber to their newsletter.
      Weak volume bounce in the market being sold off already. Big boys are back from their vacations in the Hamptons and they’re going to womp and stomp the market with selling. They’ve got their short position in place and they’ll drive everything down, especially PMs and mining stocks.
      Get ready for a brutal attack, and the tax loss selling over the next couple months will just add fuel to the fire.
      The upside is you’ll be able to buy stock in these miners for a lot less come end of November/early December.
      Want to own stock in AXU? Just wait, you’ll be able to buy shares for around 50 cents US, maybe even less.

        Sep 13, 2021 13:25 PM
        Sep 13, 2021 13:38 PM

        You’re wrong Joe. Jim 🤡 Sinclair and Bill 🤡 Holter says golds going to $50,000.

        Sep 13, 2021 13:47 PM

        No one, big boys or not, are ever more than 1/2 a trading day away from their trading platforms.

        Sep 13, 2021 13:10 PM

        I can agree with Joe about his thoughts of acquiring some of these miners for less come the end of November/early December but the odds of AXU hitting 50 cents is very low.

          Sep 13, 2021 13:33 PM

          If you haven’t picked up on it yet Doc…. Joe enjoys taking an overly dramatic bearish stance on things and dumping on almost everything. He’s just saying crap like that for shock rock value; not because anyone actually believes AXU will seriously get to $0.50. He didn’t provide any technical or fundamental reason for such an assertion, and again, he just likes hurling rocks.

          > Regarding Alexco: AXU closed today at $1.73 and went up to $1.77 in afterhours trading. After selling off hard for the last year, and getting punished for the delays on getting ramped up into commercial production, most of the downside is priced in at this point. The odds of it falling another 70% from these low levels are as ridiculous as most of his other comments were.

          Barring a crash in Silver down to $10, it is extremely unlikely that AXU goes down to $0.50. They are ramping up into commercial production by Q4, and just had a monster drill hit last week that was one of the best silver intercepts by any company this year.

            Sep 13, 2021 13:36 PM

            Does this eyepopping bonanza-grade very wide drill intercept look like it came from a company that is about to get chopped down by over 2/3rds anytime soon?


            (AXU) Alexco Reports Interim Results from Bermingham Drilling, Composite Assays to 1,681 g/t Ag over 20.37 meters True Width

            7 Sep 2021


            Sep 13, 2021 13:41 PM

            Ex, awhile back, I added to my AXU position and plan on adding more in the future. Over the years, this is one stock I’ve not sold any of and my position just keeps growing over the years on pull backs.

            Sep 13, 2021 13:53 PM

            Nice Doc. Yes, I think we’ve discussed Alexco a few times as a company we both like.

            I’m in a similar boat in that I’ve been steadily in AXU since early 2016 and have traded it a few dozen times over the last 5 1/2 years, but have maintained a core position in it, and added most recently on Aug 6th around $2.05 and on Aug 12th at $1.79. Those new additions are short-term underwater, but cumulatively I have a multi-fold return on Alexco over the years, and am not going to be selling Canada’s next and only primary Silver producer, that continues to hit more and more high grade, any time soon. 🙂

            Cheers amigo!

            Sep 13, 2021 13:28 PM

            I don’t own AXU but if Joe says wait for a better price, I’m willing to do that.

            Sep 13, 2021 13:52 PM

            He said wait for $0.50 in AXU without providing any technical or fundamental reason for that target, but he did find time to insult our guest contributor for this editorial. Yeah… I can see why you would be interested in some sage advice like that from such a thought leader.

            Sep 13, 2021 13:36 PM

            I don’t think Joe insulted your guest. His comments about Willie were kinda true and funny.

            Sep 13, 2021 13:41 PM

            Well, once again, you’re a lazy reader Terry. How is this not insulting the guest contributor of this editorial or the listeners of this interview on the KE Report?

            “…. if you take anything he says seriously then you are a bigger rube than anyone who takes Turd… uh, sorrry, Craig,… seriously.”

            Joe’s post was mostly a garbage post, starting by talking about Jim Willie being a cokehead, then moving on to insulting Craig, the guest of this editorial, then insulting any of the listeners of this editorial, and rounding off the nonsense with a turd of his own and a nutty price projection for Alexco with no fundamental or technical basis to arrive at that price, just to be disparaging. It’s not surprising that you liked it.

            Luckily Craig has a good sense of humor and trolling rolls off his back, but it’s pretty low class to insult the guest on the interview, which is the whole reason there is a blog here to comment on in the first place.

    Sep 13, 2021 13:02 PM

    Bought Nobel Resources , NBTRF and added to Big Ridge. (Repeat entry in case interested investors never heard of either).

      Sep 13, 2021 13:38 PM

      Thanks for the heads up on Nobel Resources David. I saw you post on the weekend show and had never heard of it before. As for Big Ridge, we’ve had Mike on the show once, and it’s a good reminder to check back with him to keep following along. It’s nice to hear what companies you have your sights set on.


        Sep 14, 2021 14:04 AM

        I have two big positions in two juniors, Orea Mining, and Monarca Minerals, both bought for peanuts. After reading some of the posts above, I keep thinking of the two old guys that are always complaining on the muppet show. Some people you can dress them up but you can’t take them out. Oh Well!

          Sep 14, 2021 14:10 AM

          Hi DT. Thanks for sharing 2 more investable ideas that you are following and being a contributor of ideas and insights to help investors here on the blog.

          Yeah, as for the 2 repetitive complainers up above, they are kinda like those old muppet guys, but I’m not even sure if we could dress them up. LOL! Good one mate!