Category Archives: Featured Company News

Gold Stock Trades Featured Companies

Uranium Resources (URRE) Acquires One of the Best Uranium Projects in The World

All we need for a uranium bottom is follow through from major private equity funds who may be waiting in the wings ready to pounce for the following reasons. Japan has restarted two nuclear reactors. This is a major turnaround from their prior path of abandoning nuclear following once in a millennium accident at Fukushima in 2011. In addition to the 180 degree turn in Japan, China continues its record pace of building and starting nuclear power plants to move away from coal which is suffocating some of their major cities. Even the United States has started operating its first new nuclear reactor in close to three decades. All this positive news indicate demand is increasing. Because of decade low uranium prices, supply has dwindled as it is unprofitable to mine unless you are lowest cost producer. Rising demand with declining mine supply equals the potential for a price spike higher.
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Positive Gains In 2 Junior Gold Miners Despite TSX Venture Meltdown

In 2014, my readers were blessed in seeing two of our junior mining equities soar higher than the entire small cap market. Now in 2015 despite the worst bear market in junior gold mining history, once again we have seen the great out-performance of two of our select junior gold companies. Its easy to pick outperforming junior miners in a bull market, its much more challenging to find the winners in a historic bear market when the category 5 hurricane winds are blowing against you trying to knock you down. Be careful out there and stick with the stock pickers who can pick winners in a bad market. Take a look at these two junior gold miners on the TSX Venture able to post positive gains despite a record decline in the junior sector.
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Major Bottom Reversal Follow Through in Junior Gold Miners (GDXJ) and Uranium Miners (URA)?

On Friday July 24th, the GDXJ made a bullish engulfing reversal on major volume. Then eleven days later a major follow through occurred on high volume. The news that drove interest was China devaluing its currency. The mainstream media and majority of pundits were claiming currency wars were over as precious metals were discarded. I disagreed and maintained that we would see a bottom in our real assets. Now this Yuan devaluation could start the next round of competitive currency devaluations and the beginning of inflation. The Fed may be reluctant to raise interest rates as the strong US dollar curbs growth and makes it more challenging for the US Government to pay back its record amount of debt. This may be the perfect storm for precious metals to once again take center stage and eventually breakthrough 2011 highs at $1900 USD.
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Voisey’s Bay Area Capturing Attention of Junior Mining Investors Once Again

The worse things were the better they will get. This market has led to most companies going inactive. This will dry up potential supply of metals planting the seeds of the next boom. Silence and inactivity is death in the junior sector. Continue to look for companies raising capital and beginning to drill. A new discovery could transform our beaten down sector.
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Ready For The New Bull Market in The Junior Mining Sector?

It is possible we are once again at or near the turning point or bottom in the junior mining sector and near a top in the tech sector. Only a handful of the tech high flyers have pushed the equities higher. Already the transports and utilities have been under-performing. It may be wise to hedge gains made in the S&P500 and Nasdaq and increase accumulation of precious metals and the junior miners near historic lows. July 24, 2015 may have marked an interim low on the GDXJ as it experienced a classic bullish engulfing reversal pattern on high volume. Since this past Monday, support has come into some of our selected miners. If its the beginning of the rally, follow through should occur by the end of this week. I am still cautious as the precious metals rallies have been fake outs in the past. In order to confirm the interim low I would like to see some increased buying before the end of this week.
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Niocorp’s Nebraska Niobium Deposit Could Generate Cash Flow For Over Three Decades

Niocorp (NB.TO or NIOBF) has had an impressive year finishing a major three phase drilling program demonstrating to the investment community that Elk Creek is a world class high grade and large niobium resource. Niocorp recently announced some economics in the Preliminary Economic Assessment (PEA). The 311 page report can be read by clicking here. Despite a four month correction all the way below the 200 day moving average, the stock may bounce higher as momentum is improving. The MACD is rising and the stock has broken above the critical 50 mark on the RSI. What might intelligent investors be reconsidering in this PEA to start once again buying Niocorp?
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Newly Merged Uranium Producer Could Become Biggest in United States

It is exciting to see one of our long term shareholdings being acquired for a nice premium in the beaten down uranium sector which has been a feeding ground for the shorts. For years I have held Uranerz Energy (URZ) a low cost uranium producer in Wyoming.Uranerz shareholders should now see Energy Fuels shares in their account. They recently closed their transaction with Energy Fuels (UUUU) who will now have the largest NI 43-101 compliant in ground resource in the US among current producers.
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Summertime Heating Up Junior Gold Mining Sector

For weeks I have been writing to my premium subscribers about the seasonality of junior miners and gold to bottom in the summer months while many investors are away on vacation. Investors usually sell equities in May and rotate into precious metals and junior miners who are active drilling and developing top quality projects in stable jurisdictions. Even more so this summer there are increasing signs of the beginning of a major rotation from the overbought stock market into the beaten down natural resource sector. How do I sense this? Some of our featured junior gold miners have already been in an uptrend for 2015 and continue to raise impressive amounts of money to fund development and exploration. The general equity markets look quite toppy as the Dow Transports which are a leading indicator is already in a downtrend. Meanwhile, gold and the junior gold miners appear to be bottoming and on the verge of a bullish reversal. Looking at the GLD it is quite nice to see a bounce above the 50 day moving average. I look forward to a breakout into new four month highs through $117.50. Similarly with the GDXJ which has been in an uptrend for four months may breakthrough into new four month highs shortly at $27.
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Junior Gold Miner in Nevada Bounces Higher Off 200 DMA on High Volume

Despite this four year historic bear market in gold and junior mining equities, Pershing Gold (PGLC) raised $11.5 million. They are backed by some deep pocketed shareholders. Over 21 million shares of insider buying has occurred over the past six months. Recently on April 10th, 2015 one of the directors acquired over 7.69 million shares. Pershing Gold (PGLC) is bouncing off the 200 Day Moving Average on high volume indicating that this is an area of support rather than resistance as it acted in the past.
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Why Is This Junior Gold Developer in Quebec Outperforming GDXJ By Such a Wide Margin in 2015?

Over the past four years we have seen a huge rise in the general equity markets while most of the junior gold miners have been forgotten. These bear markets in natural resources when financing dries up and mines are closed fuels the next bull market as the supply dries up. The larger and more severe the decline, the greater the subsequent rise. Exploration budgets for metals and energy have been cut drastically over the past few years. Where will the new mines come from once demand picks up?
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