Category Archives: Latest Commentaries

Big News Expected in the Gold Miners Before BMO and PDAC

The Junior Gold Miners $GDXJ are holding the 50 DMA and forming a cup and handle. We could see a bounce starting soon. Big news is expected from some junior miners before the annual BMO and PDAC events in early March which are the biggest mining conferences of the year.
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Gold Mining Investors Returning To High Grade in Quebec

Burkina Faso has been battling Islamic terrorists since 2016, thousands are dead and they have driven nearly 500K from their homes, mining operations have been attacked. I was once bullish but started moving away in 2019 focused on North America. One area that has been our favorite is Quebec especially the established Cadillac Break Trend where more than 75 million ounces of gold have been produced over the past 100 years.
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8 Gold Miners Showing Relative Strength Despite Coronavirus Scare

As the #coronavirus hits global #stockmarkets investors look to #gold and the highest quality #goldminers showing great relative strength on a cloudy day! Files crossing my desk showing flight of quality capital into some gold miners we follow including $FNV $LUG $TGZ $GCM $BTO $YRI $KNT $GTT...all these companies are larger cap situations and not many juniors are participating with the gain in safe haven gold and US treasury bonds.
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GO USA! First New #Copper Mine in USA in 10 Years

his comes at a huge cost. A major legal case has been launched against the largest tech companies such as Apple, Google, Microsoft and Tesla for using child slave labor. Demand for copper and cobalt is soaring but a lot originates from areas with extreme poverty and no labor laws. Washington DC is seeing a push led by President Trump to boost domestic mineral production, development and exploration for the first time in decades.
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Gold Year End Breakout Finally Boosting Junior Miners $GLD $GDXJ

Several weeks ago when the TSX Venture was on its back due to tax loss selling I warned its planting time not selling time predicting a year end breakout in gold and the junior miners. Now gold has rallied pretty much everyday for 2 straight weeks making it short term overbought after a powerful breakout move into new 7 year highs. Don't be surprised for a little profit taking along the way as precious metals bulls who have been beaten down for so long are finally able to take some gains as gold is overbought because of the recent instability in Iraq over the killing of the Iranian General by the USA.
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Gold and Palladium Hitting Record Highs on Geopolitical Uncertainty

The chart looks amazing and I can't find any other junior like this. If you can find another palladium junior in North America with these economics please tell me! Its hard to find a project that could average 200k palladium eq. ounces annually over 14 years at an all in sustaining cost under $600 an ounce.
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TSX Venture Testing All Time Lows: Time for Planting Not Selling

The next big event is next week in Zurich. I hope to see the juniors get some attention but tax loss selling season is near and there has been non stop selling on the Venture since the beginning of 2018. The Venture could test last years lows or even worse see a final capitulation waterfall decline to break through 2015 lows. We may need to see one final wash out before the TSX Venture can make a powerful comeback.
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Get Gold and Silver Before Middle East Devolves into Civil War

I closely monitor and invest in the junior miners raising money to drill for new discoveries because that is why we are in this sector to make money. The big money in mining is made in getting in before a discovery hypothesis is confirmed through drilling. In some cases sentiment in the markets and sector can be so bad that the market doesn't recognize yet the opportunity. This is where we dig around the press releases and news filing for undiscovered stories not really known yet but could be if they hit on drilling.
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Libero $LBC.V Drilling in Golden Triangle Starting to Look Like Another Gt Gold?

Today Libero announced sampling results which confirm a new gold discovery. "5 contiguous 50 metre continuous rock chip samples returned intervals of 2.91 grams per tonne gold over 250 metres including 6.14 grams per tonne gold over 100 metres in two contiguous samples." Drilling this September could confirm another major Golden Triangle Discovery that hardly no one knows about yet.
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2 Big Conferences Next Week Could Boost #JuniorMiningSector

Important developments are taking place this week as investors return from the end of the summer doldrum season.  Conference season picks up this weekend and next at the Metals Investors Forum and the Precious Metals Summit in Beaver Creek.  Both are sold out!!! I expect to see a consistent flow of news and for gold…
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