Inflation is every investor’s concern right now. It’s on everyone’s radar. Spiraling price pressure doesn’t just represent a loss in purchasing power; it’s a precursor to a lower standard of living (if wages don’t rise commensurate with the spiral). All eyes will be on the CPI numbers set for release this Tuesday (April 12). Analyst estimates […]
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Posted inExploration and Development
Defense (DEFN.V), Cartier (ECR.V), Goldseek (GSK.C), HighGold (HIGH.V), and Prime (PRYM.V) – A Highballer Roundup
I’ll dispense with the usual preamble. Right to it. Y’all. Defense Metals (DEFN.V) In this era of escalating geopolitical tension and tight commodity supply chains, Defense Metals is exploring/developing a rare-earth elements (REE) deposit that holds strategic importance in a commodity arena dominated by Chinese interests. The Company continues to deliver robust newsflow from its […]
Posted inExploration and Development
A potential Bottom in Gold + a roundup of companies on the Highballer List making headlines in recent sessions – Banyan (BYN.V), Cartier (ECR.V), Defense (DEFN.V), Forum (FMC.V), HighGold (HIGH.V), Prime (PRYM.V), Skyharbour (SKE.T), Sokoman (SIC.V), and White Gold (WGO.V)
In early October, there was evidence that an important bottom was forming in the precious metals arena. The following excerpts are from a (timely) article I put up on the Equity Guru website on October 4th—Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room… (click on the following […]
Posted inGold
Inflation, Gold, Copper, Bitcoin – Part 2 – also Cartier (ECR.V), Highgold (HIGH.V), Kuya (KUYA.C), Pure Gold (PGM.V), Skeena (SKE.T), Minnova (MCI.V), and Forum (FMC.V)
After testing the $1800 level earlier this week, gold backed off, rounding out the week essentially flat. But the setup here looks compelling. Since a double bottom that bookended the month of March (chart below), the metal is grinding out a series of higher lows- higher highs. Having tested and broken out above the 50 […]
Posted inGold
An early spring Highballer update – Defense (DEFN.V), Cartier (ECR.V), Forum (FMC.V), HighGold (HIGH.V), Kuya (KUYA.C) and Pure Gold (PGM.V)
The junior exploration arena has sprung back to life in recent sessions. Two companies on the Highballer shortlist tagged significant highs in recent sessions. Forum Energy Metals (FMC.V)… Prime Mining Corp (PRYM.V)… This episode of Highballer will bring many of the companies on our shortlist up-to-date. Defense Metals (DEFN.V) Yesterday, on March 23rd, Defense dropped an […]
Posted inGold
Gold, Bonds, and companies on our list making headlines – Pure Gold (PGM.V), Defense (DEFN.V), HighGold (HIGH.V), Cartier (ECR.V), Banyan (BYN.V), Forum (FMC.V), and Prime (PRYM.V)
Gold was dealt What For last week, taking out major support, trading at levels not seen in over eight months. The culprit of this recent carnage was a major sell-off in bonds pushing the yield on the US 10-year note to 1.5% (yields were a mere 0.5% only six months back). Though current yields represent […]
Posted inGold
Cutting right to the chase – Forum (FMC.V), Highgold (HIGH.V), Cartier (ECR.V), Skeena (SKE.T), and White Gold (WGO.V)
We’ll dispense with the usual proem on this one and cut right to the chase… Forum Energy Metals (FMC.V) Fir Island represents only one property in the Forum’s extensive project portfolio. The project encompasses 14,205-hectare of highly prospective ground along the northeast edge of the prolific Athabasca Basin. Those who track uranium plays know that […]
Posted inGold
The 1850 front line – updating Cartier (ECR.V), Forum (FMC.V), Pure Gold (PGM.V), Skeena (SKE.T), Harfang (HAR.V), and HighGold (HIGH.V)
$1,850 (blue line, chart below) is turning into a front line in the brawl between gold bulls and bears. After breaking through this key support level last week, the snap-back from the $1,767 low, anchored by a surfeit of compelling fundamentals, coincided with the U.S Dollar printing 2.5 year lows. Short term, the market is […]
Posted inGold
Companies on the Highballer shortlist pushing forward as the metal consolidates – Banyan (BYN.V), HighGold (HIGH.V), Cartier (ECR.V), Harfang (HAR.V), and Defense (DEFN.V)
Everything in the junior exploration arena, with few exceptions, has taken it on the chin in recent weeks. High-quality gold and silver stocks have been tossed with little regard for their underlying fundamental value. To paraphrase my thinking in a recent Equity Guru article… If your convictions regarding the precious metals are weak, you’ve likely […]
Posted inGold
Cartier Resources (ECR.V) tags high-grade gold at Chimo – takes aim at Benoist and Fenton projects with aggressive exploration plans
Last week, one of Highballer’s top three picks for 2020—Coral Gold (CLH.V)—was the subject of a friendly takeover that pushed its share price to multi-year highs. Today, another stock on our top three list—Cartier Resources (ECR.V)—tagged multi-year highs. It’s one of my favorite charts in the junior exploration arena, a chart characterized by an orderly […]