Category Archives: Precious Metals

NGD New Gold Update

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!Last week we wrote on the blog about New Gold and the opportunity the chart was presenting to us.  We put a buy point at $2.50.  On Friday it closed at $3.10 which was a 24% gain for our followers. …
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New Gold (NGD) Great Buy

This is a great point to buy New Gold.  They have just combined with Western Goldfields.  They will produce enough gold to be able to fund their  development project in British Columbia called New Afton.  This project has close to a billion pounds of copper.  When buying a gold company making sure you have the…
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Taseko is Up on Higher Volume

The volume is good on Taseko above average today to qualify as a breakout.  Let's hope it closes at the high of the day as more investors pile in and recognize the breakout.
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Morning Stock Pick General Moly (GMO)

Genereal Moly has one of the largest undeveloped molybdenum mines in North America.  Moly is necessary for high strength steel which is used in many industrial applications such as oil drilling and nuclear reactors.  Demand is growing again as the economy is bottoming out in China and in other emerging markets.  A breakout through $2…
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Taseko (TGB)

It is crucial to look for a follow through on yesterday's huge volume rise.  Today will give many investors another chance to get in before the next leg up.
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Taseko Breakout

Yesterday I gave a signal that Taseko would breakout of the symmetrical triangle formation.  Today it did on huge volume.  I believe this will be a quite profitable trade at this point.
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(NGD) New Gold Great Chart

New Gold is an intermediate gold producer with great projects.  They just aquired Western Goldfields.  They have the cash flow to grow and develop new projects such as the New Afton project in British Columbia.  Their management is the best in the business.  Some of the directors ran Newmont and Goldcorp.  They know how to…
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Great Opportunity in Taseko

Symmetrical Triangle Formation...Look out for breakout on volume! MACD about to cross. Great Story with prosperity permitting coming out soon. Cheaper oil and labor costs coupled with the massive money supply will give a chance to make huge gains on certain mining stocks. The secret is out China is buying gold and are nervous with…
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