On April 4th, 2014 I highlighted to my premium subscribers an obscure junior niobium miner which many ignored and was trading at approximately $.26. Right now, the stock is on the verge of its next major breakout at $.80 as it hits the highest grade results to date. The company announced this past week niobium assays in excess of 3% this past week.Read more
Smart Money Looking at This Junior Miner on the Cortez Trend in Nevada
The Cortez District now hosts Barrick's most profitable mines and exploration growth. Barrick has recently made a huge discovery called Goldrush which is only about a mile from their 1 millon ounce producer Cortez Mine. Goldrush has grown to become a 15.6 million ounce deposit. Barrick is quickly realizing that this district is where it can make the most money and should focus investment on this area. Barrick believes in the future growth of this district and is partnering with juniors such as...Read more
Summer Doldrums in Junior Gold Miners Ending?
Weeks ago I forecasted black swans on the horizon that will wake investors from their summer doldrums. I warned you about the Russian-Ukraine crisis, the rise of ISIS in Iraq and a potential war between Hamas and Israel. The junior gold miners (GDXJ) and silver miners (SIL) are on the verge of a major reverse head and shoulders breakout. Look for GDXJ to breakout through $46 and the silver miners (SIL) to break through resistance at $14.75. The copper miners (COPX) have made a major rally from $8.60 in March to $11 in July. I expected this pullback before a September Labor Day Rally. I believe the summer doldrums may be ending and we may be on the verge of beginning of a major rally. Investors may want to look into this junior miner which hit 412m of 1.4% copper equivalent in a gold-copper porphyry.Read more
Lithium and Graphite Sector is Jumpstarting With Investor Interest
Its a very exciting time for the lithium and graphite sector as Tesla announces big plans in the near term. The announcement of a Tesla Lithium Ion Gigafactory in North America has jumpstarted the junior mining graphite and lithium sector as I discussed in this last article more than a month ago. Look at Western Lithium, Northern Graphite, Flinders Resources and Big North Graphite which have all recently made major moves. The lithium and graphite miners are still undervalued and the boom may be just beginning as there could be a major increase in demand for these batteries critical for cars,Read more
Are The Junior Miners Going To Benefit From Severe Large Cap Correction?
One sign is a huge uptick in volume in the Market Vectors Junior Gold Miners ETF. The volume increase in the first seven months of 2014 has been exceptional, whereas volume is decreasing in a rising market in the SPDR S&P 500 ETF (SPY:NYSE), an ETF tracking the S&P 500. The rising volume in the juniors may indicate accumulation, whereas decreasing volume in a rising market may indicate that the rally in the S&P 500 is overbought and running out of steam. The equity market has not had a significant correction in more than three years and it's dangerous territory for a correction.Read more
Why This Junior Gold Miner in Nevada Soared 200% in 2014
At the end of 2013, I predicted the junior gold (GDXJ) and silver miners (SIL) would outperform the S&P500 in 2014. I was right so far in 2014. THe GDXJ is up over 36% on the year while the S&P500 is up under 5%. However, one of the junior gold miners that I predicted would be a major winner back in December of 2013 has far outpaced the mining and overall market indices by a wide margin. The small junior miner is up over 200% in 2014. Find out which one and why.Read more