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 […]
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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 gets slammed, bargains emerge – HighGold (HIGH.V), Forum (FMC.V), Strategic (SMD.V), Kuya (KUYA.C), Nomad (NSR.T), and Skeena (SKE.T)
Gold is currently testing support at $1,800 (lower blue line) after crashing through support at $1,850. Current prices represent multi-month lows. If $1,800 doesn’t hold (that’s where the 200 SMA is at), $1,750 might be in the cards. Of course, this sudden price weakness might be a big-ass Bear Trap. If so, the metal should […]
Posted inSilver
Kuya Silver (KUYA.C) – a new addition to the Highballer shortlist
We have eleven (11) companies populating the Highballer ExplorerCo shortlist. Of those eleven, our exposure to silver is limited. In this episode of Highballer, we seek to correct that imbalance with a new addition to our shortlist—Kuya Silver (KUYA.C). For those wondering, Kuya is a simplified form of the Quechuan word “Qhuya”… which means “Mine”. […]
Posted inExploration and Development
Updating Forum Energy Metals (FMC.V) Plus a Handful of Juniors I Follow Closely
In US dollar terms, Gold is currently flirting with all-time highs. Actually, the metal has already carved out fresh all-time highs in most other currencies. Take the Cdn dollar, for example… With this recent price strength, one would expect the juniors to be under intense accumulation, but that’s simply not the case. Those of us […]
Posted inGold
Precious Metals on a Tear – a Roundup of Companies Worth a Close Look Plus a Forum Energy Metals Update
Gold is on a tear, carving out fresh all-time highs as a matter of routine. Short-term (shallow) corrections aside, the metal’s momentum has been impressive, up roughly 27% since the start of the year. Where the equities are concerned, the Bigs appear to be under steady accumulation as per the GDX (chart below). Many of […]
Posted inGold
Rounding up the 2020 shortlist and Highballer’s Top Three for 2021
If this is your first visit to Highballerstocks—if you’re wondering who or what Highballer is—the About link at the top of the page will help shed some light on the subject. An excerpt… What’s with the name “Highballer”? It was in the treeplanting sector of British Columbia (and Alberta) that Nolan developed an obsessive stop-at-nothing […]
Posted inGold
Forum tees up Cu targets at Janice Lake, Skeena raises $40M, Cartier sets sights on high-grade Benoist project, Coral approves TO arrangement with Nomad, Pure Gold on the cusp of 1st gold pour, Banyan drops Powerline zone assays
The pace of exploration can test one’s patience. “Why can’t they just mobilize a damn rig to the property already?” is a question I get a lot. Companies helmed by disciplined geo-types will often pull out all the stops to increase the odds of discovery success. Prospective ground is scoured by map, by air… on […]