Category Archives: Latest Commentaries

Its Like 1999 All Over Again For TSX Venture $CDNX Investors

I would never of thought it but its like 20 years have gone by and TSX Venture investors are at same value as 1999. At that time copper was under 75 cents a pound. Now its close to $3 per lb. Gold was under $300 now its above $1200. The junior mining space is the cheapest its ever been and I believe it could be a once in a lifetime opportunity. Meanwhile, the stock and bond market may have already topped. The US dollar is about to be manipulated lower as the US needs to pay back the huge debts with cheaper dollars.
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Best Drill Hole in Canada in 2018 $SUNM.V $LLC.V Stardust Property ???

Despite this horrible bear market in junior miners that has been ongoing for several years. This month we saw a major discovery hole come out of BC with Mark O'Dea's Sunmetals $SUNM.V drilling the best intercept ever hit at the property in North Central British Columbia and possible the best drill result in Canada in 2018. They hit over 100 meters of 5% copper equivalent. That is spectacular! Lots more hopefully to come this year.
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Gold Stocks Are Cheaper Than Manure, Uranium and Cobalt Breakout

At the end of August I turned bullish on uranium price. Now just two months later the #uraniumstocks are breaking out led by bellwether $CCJ#Cameco which I just bought on the triple top breakout yesterday. Thanks to Jaime Carrasco for this chart showing how cheap gold stocks have become. They are cheaper than manure! This could be the cheapest time to buy gold ever.
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Gold Makes Bullish Breakout as Investors Fear Higher Interest Rates $GDXJ

Its been a great week for the beaten up gold investors as capital sought safety as a market panic started. In reality, the stock market was way overbought and needed at least a shakeout which it has done pulling back to the rising 200 DMA. For months I have been early seeing declining momentum and insider selling in the Large Caps. Despite that the share price of large cap equities continued into nosebleed territory. I was taught years ago that the smart investors sell into rising markets and buy into declining markets. That's how the intelligent investors get in early. You can witness this phenomenon possibly through the divergence between momentum and price as we see in chart below. The trend is a friend until its broken on huge volume. During this week's market selloff gold remained the true safe haven not crypto as was promoted by the young 20 year old know nothings.
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Trump Signs New Law Boosting US Critical Metal Projects

For many years, I have asked my readers to learn more about our national security being totally reliant on foreign imports of our must crucial minerals and metals needed for our newest technologies. At times I even suggested to contact your local elected officials and make them aware of dire importance of a domestic secure supply of these most critical elements. I have been warning for close to a decade about a coming crisis among modern industrial nations posed by China's draconian and monopolistic maneuvers in the implementation of a rare earth quota system. See the full article on Seeking Alpha written more than seven years ago entitled, "The Fast Growing Rare Earth Crisis In The United States". Fast forward eight years after little support from Obama, the rare earth industry (REMX) as well as other critical battery and clean energy metals such as lithium, cobalt, graphite ...etc could receive an important boost. Late last year under the new Trump Administration an executive order was signed ordering federal agencies to end this monopoly of critical metals by China. Lithium Ion Battery materials was identified as crucial for America's economic future to have a secure domestic supply.
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Gold Forming Huge Long Term Cup and Handle Flag Pattern

Right now gold has been basing for almost 7 years while the majority of short sighted investors chase momentum into bubble like areas in financial stocks, tech and housing despite the record valuations and despite the warning of a market that has been on its longest run since the roaring 20's which preceded the Great Depression.A little junior I featured a few months ago when it was trading at pennies has just broken through the $1 mark on a world class lithium discovery. A few months ago when I first did the interview many analysts were skeptical now the big banks have jumped on board.
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Top Gold Exploration Team in Nevada Trading at Huge 50%+ Discount

Gold could be about to breakout into new 10 year highs when looking at in Canadian dollars and top gold explorers in the best mining jurisdictions will come back into favor as the producers can not replace their reserves. Stick to teams with track records like this team in Nevada. It starts life as an attractive explorer with a proven exploration team, a portfolio of promising targets in mining-friendly jurisdictions, and ~$4 million in cash. Its shares are heading to 90 cents, Beacon Securities said. Its currently trading at more than half off that below 45 cents.
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3 Junior Miners in USA Making Big News at PDAC in 2018

Here we go again as this time of year brings a lot of hype to the mining industry as tens of thousands of people from all over the world come to Toronto to present their goods and services at the PDAC convention. Its not uncommon to pay $300+ for a hotel room to hang around the Toronto Convention Center and go to a bunch of parties. However, the more experienced junior mining investors are aware of what has been termed by many the "PDAC curse". The PDAC Curse is becoming more widely known when there has been more selling coming out of the conference than buying. However, things may have changed these past couple of years and we are seeing some bullish reversals coming out of PDAC.
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Gold Is Almost Ready To Make the $1400 Breakout!

I recently went to the Money Show conference in Orlando and saw a lot of buzz around crypto currency and cannabis but very little about lithium, cobalt, zinc, copper and precious metals. Notice the pricing in lithium and cobalt is surging. Gold is on verge of huge breakout at $1400. Remember the days struggling companies would change there names to dot coms? Now they are adding blockchain to their names to dupe investors into the latest fad. Well I'm not falling for it and either should you! Stick to the metals and commodities just beginning to breakout into multi year highs. Look to early stage explorers and developers known as junior miners with top tier assets and management teams with track records and are debt free. See full report by clicking here or you can download attached pdf. Please comment with your thoughts?
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