Timing The Gold Market and Gold Stocks
Doc joins me today to share his thoughts on the metals sector. I know it feels like we are constantly talking about having to wait for a breakout but we point to recent news from majors and junior companies that are not moving the stocks at all.
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(BHS) (KXPLF) Bayhorse Silver CEO: We’re Using Technology to Mine Silver Economically
SmallCapPower – Feb 16, 2018 #VIDEO
“In this interview with SmallCapPower at the 2018 Vancouver Resource Investment Conference (VRIC), Bayhorse Silver Inc. (TSXV:BHS) CEO Graeme O’Neill provides an update on its Bayhorse mining operation in Oregon, saying the Company has utilized technology to mine a past-producing silver deposit economically at the current silver price.”
Doc, what do you think the potential for DDNFF, GPL, SKREF, AUG, NSRPF, and DOLLF is in the coming year and longer?
Be careful with SKREF—I’ve been waiting to purchase that one but won’t until late spring since the odds are good it comes back to you at to less then $.60 on the venture. Adamera minerals is topping and you should be able to purchase again for less then $.12 on the venture. NVO is one I’m waiting to purchase again and it would be a good one to nibble at around $2.00–$2.50. It depends at that time what the technicals are suggesting as to whether it goes lower. I believe you’ll be able to purchase Dolly Varden for about $.60–$.65 on the venture. Once again remind me to look at them when they get there since it’s all in the technicals whether they have a chance to go lower.
Pardu, I just looked at Dolly again and you should be able to get it for $.50 on DV.V.
DV is going to do great in 2018. They are going to get taken out and rightly so.
Good luck to Gary Cope and the the Dolly Varden team!
Thanks, Doc, I appreciate your expertise in this area.
Pardu, can you give me some venture symbols on some of those. All I know is that I’ll look to purchase AUG below $1.25. I bet the odds are pretty good it gets there. I can also comment on GPL—fundamentally, I don’t think it’s the first company I would purchase but from a technical basis it’s probably a good buy just below $1.00. Watch the monthly chart on this one. The lower BB is just under $1.00 and should provide a modicum of support. Also, look at the monthly MACD. If the 12 month SMA starts to move sideways for at least 2 months I would look at accumulation—it looks like that may happen in the next 2 months.
SKREF is Skeena Resources, DDNFF is Ademera minerals, NSRPF is Novo resources, and DOLFF is Dolly Varden Silver
SKE, ADZ, NVO, and DV are the venture symbols. The one’s that you listed are for the U.S.
Corvus Gold drills 39.6 m of 2.45 g/t Au at Mother Lode
2018-02-22 08:12 ET – News Release
Mr. Jeffrey Pontius reports
CORVUS GOLD DRILLS 39.6 METRES OF 2.45 G/T GOLD EXPANDING MOTHER LODE DEPOSIT TO THE WEST
35 Minerals Absolutely Critical to U.S. Security
JEFF DESJARDINS – The Visual Capitalist – February 23, 2018
http://www.visualcapitalist.com/35-minerals-critical-security-u-s/
Doc, did you see that Sean Roosen and 2 other insiders at OR bought 12000 shares yesterday in the open market? Sean knows OR better than anyone.
Are you getting up at 2am tonight to watch USA-Sweden in the curling final?
Germania beat Canada 4-3 in hockey this morning and plays Russia in the finals.
Hope those Germans do better against Russia than they did at Stalingrad!