Just how important is the reversal in gold stocks today?

August 20, 2019

David Erlfe, Founder of The Junior Miner Junky joins me today to take a look at the nice upward reversal in gold stocks today. Garnering a buy throughout the day this action has David thinking there could be another push higher before the pullback that everyone is expecting happens. Overall a very encouraging day for metal investors.

Click here to visit David’s site and learn more about his newsletter.

    Aug 20, 2019 20:49 PM
      Aug 20, 2019 20:50 PM

      This is how Wall Street has been operating for far too long. It does what it wants in contravention of the law,
      Just LAW BREAKERS………with the help of Govt.

    Aug 20, 2019 20:46 PM

    (REG) (RGLSF) Regulus Resources Episode 1

    The Upside Potential at AntaKori| Part 1

      Aug 20, 2019 20:50 PM

      (REG) (RGLSF) Regulus Resources – August 2019 Corporate Presentation

      Adding Value Through Continued Discovery

      • Significant Copper-Gold resource
      • Brownfield project near two existing mines
      • Significant growth potential
      • Land agreements in place
      • Favourable jurisdiction – Peru

        Aug 21, 2019 21:45 AM

        Copper Charts

        August 21, 2019 – Pete’s Corner (Pete Panda)

        “A raw collection of copper-related charts I collected over the last months. I post it now as it is interesting to see the number of copper focused articles are diminishing in the recent weeks with current copper prices not fitting into the bull story…(Thank you trade war).”

        Aug 21, 2019 21:54 AM

        A call with John

        July 5, 2019 – Pete Panda

        A call with John Black, CEO of Regulus (REG.V) and Aldebaran (ALDE.v)

    Aug 20, 2019 20:06 PM

    (TML) (TSRMF) Treasury Commences Exploration Program and Downhole IP Survey at Goliath Gold and Provides Project Update

    Aug 19, 2019

      Aug 20, 2019 20:08 PM

      (TML) (TSRMF) Treasury Metals Granted Federal Government Environmental Assessment Approval for the Goliath Gold Project

      Aug 20, 2019

      “The Project, as proposed by Treasury, consists of the construction, operation, decommissioning, and remediation of an open-pit and underground gold mine and associated infrastructure located 20 kilometres east of the City of Dryden, Ontario. The proposed Project could create up to 450 jobs during construction and 250 jobs during operations over the life of the project. The Company continues to complete requirements for final authorizations and permits.”

      “The Minister’s approval of the EA is a significant de-risking milestone for the Goliath Gold Project and our shareholders. The Company has made major commitments and efforts to advance the Project, and we would like to thank the local communities, the representatives of the local Indigenous communities, the public, and the various government agencies for their work and participation throughout the EA. We look forward to the continued advancement of the Project,” said Greg Ferron, Treasury Metals Inc.’s Chief Executive Officer.

        Aug 21, 2019 21:29 AM

        Good news for Treasury. They have had some good drill results in past. I added some:

          Aug 21, 2019 21:08 AM

          Agreed. Treasury Metals is a solid development-stage company that few retail investors are paying attention to as they cross milestones and continue to have success, but I’m sure their are larger producers with eyeballs on them as they work towards construction and moving into production.

          I like them for a medium-longer term play where they’ll get re-rated during the “Golden Runway” phase of moving from construction into production, and then they’ll likely be taken over a year after that for a nice exit strategy.

          Ever Upward!

    Aug 20, 2019 20:28 PM

    (EQX) (EQXFF) Equinox Gold Completes Share Consolidation

    by @newswire on 20 Aug 2019

    “Equinox Gold completed the Consolidation in order to pursue a dual listing on a U.S. stock exchange. The Consolidation reduced the number of Equinox Gold’s outstanding common shares from 566,278,712 common shares to approximately 113,255,742 common shares.”

    Aug 20, 2019 20:39 PM

    Billionaire Hedge Fund Owner Mark Mobius Says Gold Is Going Up, Up, Up

    Kitco News – Tuesday August 20, 2019

    In an interview with Bloomberg TV Tuesday, veteran investor Mark Mobius, who created Mobius Capital Partners LLP last year, reaffirmed his bullish outlook for the yellow metal.

    “Gold’s long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up,” he said. “I think you have to be buying at any level, frankly.”

    Mobius also reiterated his recommendation that “investors should hold about 10% of physical gold in their portfolios.”

    Aug 20, 2019 20:42 PM

    Constructive GDXJ chart from Goldfinger:

    @Goldfinger – “$GDXJ low volume pullback looks to be complete as the junior #gold miners significantly outperform gold today with a 3.6% gain. ”

    Aug 20, 2019 20:52 PM

    Lot’s of green on the screen in the Silver producers today:

    Symbol – #Silver #Producers Change % on day

    $EXN Excellon Resources Inc. +13.98%
    $MYA Maya Gold and Silver Inc. +10.00%
    $IPT IMPACT Silver Corp. +7.69%
    $USAS Americas Silver Corporation +6.00%
    $GPL Great Panther Mining Limited +5.80%
    $BHS Bayhorse Silver Inc. +5.26%
    $FSM Fortuna Silver Mines Inc. +5.25%
    $AG First Majestic Silver Corp. +5.11%
    $EXK Endeavour Silver Corp. +5.04%
    $HL Hecla Mining Company +3.29%
    $PAAS Pan American Silver Corp. +3.26%
    $SSRM SSR Mining Inc. +3.15%
    $SVM Silvercorp Metals Inc. +2.75%
    $SMT Sierra Metals Inc. +2.38%
    $HOC.L Hochschild Mining plc +0.59%
    $FRES.L Fresnillo Plc +0.55%
    $CDE Coeur Mining, Inc. +0.41%

      Aug 20, 2019 20:55 PM

      There was also lots of green on the screen in the Silver Explorers and Developers today:

      Symbol – #Silver #Explorers & #Developers – Change % on day

      $REX Orex Minerals Inc. +50.00%
      $UFO.L Alien Metals Limited +24.32%
      $ABRA AbraPlata Resource Corp. +15.38%
      $PSL Prospero Silver Corp. +13.33%
      $RYO Rio Silver Inc. +12.50%
      $SVL.AX Silver Mines Limited +11.43%
      $MSV Minco Silver Corporation +10.96%
      $DV Dolly Varden Silver Corporation +10.17%
      $AXU Alexco Resource Corp. +8.38%
      $IVR.AX Investigator Resources Limited +7.41%
      $SIL SilverCrest Metals Inc. +7.22%
      $SVE Silver One Resources Inc. +7.14%
      $KTN Kootenay Silver Inc +7.14%
      $AUMN Golden Minerals Company +3.96%
      $MAG MAG Silver Corp. +3.79%
      $MMG Metallic Minerals Corp. +3.13%
      $SBR Silver Bear Resources Plc +2.70%
      $AUN Aurcana Corporation +1.92%
      $BCM Bear Creek Mining Corporation +1.38%
      $ASL Argentum Silver Corp. +1.27%
      $CD Cantex Mine Development Corp. +0.94%

    Aug 20, 2019 20:00 PM

    I think “the correction that everyone has been expecting” is probably over.

    Aug 20, 2019 20:30 PM

    Kootenay Silver is acting very well following last week’s big move:

    Aug 21, 2019 21:43 AM

    (SWA) (SRMMF) Sarama Resources Extends Strike Length of Mineralisation at South Houndé Project to Over 12km

    @accesswire on 21 Aug 2019

    Aug 21, 2019 21:22 AM

    Pure Gold Mining (PGM)(LRTNF) – Funded to Production H2/20, High-Grade, Low AISC

    by @CRUXinvestor on 21 Aug 2019

    Aug 21, 2019 21:25 AM

    Jaime Carrasco – Nobody is in the Precious Metals Sector Yet

    by @PalisadeRadio on 21 Aug 2019

    Dow-Gold ratio, the banking sector, and the potential for Gold and Silver over the next few years.

    Aug 21, 2019 21:21 AM

    Dan Oliver on Kitco. Cory used to feature Mr. Oliver but hasn’t for some time. He has some thoughts on ‘lack of conduits for capital to enter PM arena. Interesting conversation with D. Triples down with $3000 call for gold.$