Stillwater Critical Minerals Corp. is spiking up on price and volume now over 5.3 million shares traded, up 15% on the day. Still got shares from long ago, I rarely hold stocks on the long term. Hopefully it starts to get some traction. DT!🎈

Pulsar Helium, (PLSR) interesting play!

Pulsar Helium Reports Additional High-Pressure Gas Encounter at Jetstream #5 and Outlines Upcoming Testing Program.

https://money.tmx.com/quote/PLSR/news/6145588593390180/Pulsar_Helium_Reports_Additional_HighPressure_Gas_Encounter_at_Jetstream_5_and_Outlines_Upcoming_Testing_Program

HydroGraph is hydroplaning again today, could see $4 by days end. Watch out for the next news release maybe Monday or Tuesday. I hope it involves The DOD or The DOE. DT!

The move in the miners and metals over the last 2 years has already been a twice-in-a-lifetime type move, IMO. Assuming we can do multiples from here within a relatively short span (e.g. 3-5 years), it will become something for the ages.

I realize that at some point there will have to be a massive correction (e.g., 50%), at least in the silver miners (this assumes the bull has more than 2 years left to run, which is a massive assumption). I am hoping to sidestep that one by selling 80-90% of my position in my silver miners and then buying back after the correction has run its course. (I am sitting on long term capital gains, which is taxed in the US at 20%, so anything less than a 20% correction at this point just isn’t worth trying to trade around for me.)

What could really set this off is if the miners to metal ratio actually started a bull run. For the most part , since the 1960s, miners have done nothing but lose value relative to gold and silver. We’ve repeatedly gotten long multiyear trading ranges followed by huge legs down.

FWIW, HL:gold is a hair away from making a higher high than the 2021 peak.

This is fairly significant, IMO, since in HL’s entire history since being listed on the NYSE in 1968, the ratio has never managed to exceed a prior peak in the ratio separated by 4 or more years. Yep, HL has been making lower lows and lower highs vs gold since 1968.

Makes you wonder what even is the point of owning a miner. Yes, there are brief periods in which miners outperform gold, but it has ONLY been after a major crash in the ratio or after the bottom of a trading range was hit. In fact, this pattern is so ironclad, you could make the argument that it is unwise to hold HL over gold right here right now (i.e., you should be selling HL and buying gold). (The gold mining indexes are basically all in the same situation vs gold.)

Staying long miners here is betting against at least 50 years of empirical evidence. (Yes, I personally still very very long miners.)

Actually, at the close, HL:gold did exceed the 2021 peak in the ratio by a hair. That’s a positive sign.

GOLD ……… $4510……. looking good ON FREAKY FRIDAY

Remember the Old Days:
Theralase: Other than saving bladders and lives for a lot of years while progressing through Phase I and Phase Ii testing, the stock price has been held in check between about 10 cents and 40 cents US.
This week it woke up and moved from about .10 to .17 cents US for no apparent reason other than the same old cancer treatment successes.
But … it was halted after close on Friday. News could be bad or good but the real issue is, if it is good news, will price go up beyond past capping. If it is bad, probably doesn’t matter except to those that have lived longer with their bladder, and are happier than they would have been.(I am a holder of Theralase for about 10 years).
Theralase was covered on this site when they began their quest many years ago.