Trading activity in the broader markets has everyone on edge. The S&P 500 index is currently testing its mid-June lows. A decisive break below this level could usher in further carnage, with many analysts in the bear-camp calling for a protracted downward spiral. Dow Theory Sell Signal Triggered I’ve stressed the significance of the 200-period […]
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Posted inExploration and Development
A mid-September Highballer Report featuring Forum Energy Metals (FMC.V), Defense Metals (DEFN.V), Patriot Battery Metals (PMET.V), Teuton Resources (TUO.V) – also Prime Mining (PRYM.V), Highgold Mining (HIGH.V), Skeena Resources (SKE.TO), and Sokoman Minerals (SIC.V)
With the broader markets near a potential inflection point—the point at which the Fed’ll admit defeat in its battle against inflation and turn its attention to what may evolve into another financial crisis—we could see some wild swings over the balance of 22. Where the precious metals are concerned, we’re at the U.S. dollar’s mercy. […]
Posted inExploration and Development
A Midsummer Highballer Update Part 2 – Apollo Silver (APGO.V), Forum Energy Metals (FMC.V), Teuton Resources (TUO.V), Optimum Ventures (OPV.V), Patriot Battery Metals (PMET.V), and a new name
At Jackson Hole late last week, Fed chair Jerome Powell stated that the U.S. economy would need tight monetary policy “for some time” before inflation is reined in. Translation: expect more Fed bullying tactics, which means slower growth, a weaker job market, and “some pain” for many Americans. The duration of the Fed’s aggressive rate […]
Posted inGold
A Highballer Update – Goldseek (GSK.C), Banyan (BYN.V), Prime (PRYM.V) and Patriot (PMET.V)
Goldseek Resources (GSK.C) is an aggressive, tightly run exploreco with 37.68 million shares outstanding and a stock price of $0.06, which gives it a market cap of roughly $2.26M. The Company holds an extensive project pipeline in some of Canada’s most prolific gold camps: Hemlo, Urban Barry, Quevillon, Val D’Or North, and Detour. Its flagship […]
Posted inSilver
Updating Apollo Silver (APGO.V) and Patriot Battery Metals (PMET.V)
The volatility rages on across all market sectors (Gold and Silver are off nearly 3% as I edit this piece). With the Fed set to deliver a half-point rate increase after their two-day meeting on the 3rd and 4th, expect that volatility to continue and perhaps ramp up even further. The next five days of […]
Posted inExploration and Development
A Highballer Roundup for December 6 featuring a host of names – familiar and new
I’ll dispense with my usual preamble blather, cept to say… Gold stocks, as per the GDX, are up roughly 30% from their 2022 lows. Gold stocks are stronger than all other major indexes. The GDXJ is up closer to 40% from its 2022 low. My point: this recent breakout could mark the initial stages of […]
Posted inExploration and Development
A Nov. 8 Highballer report updating the companies on our list PLUS a few new names that may represent good value at this juncture
Just as Gold appeared to be in the process of breaking major support last week, it staged a dramatic reversal after tagging a fresh 52-week low. On the weekly chart, it staged an outside reversal (taking out the previous week’s low and closing above the previous week’s high). Interesting price action. As has been the […]
Posted inExploration and Development
A Highballer update for August 2, 2022 – Is It Go Time?
The last few weeks have been hectic. In the wake of last week’s .75% rate hike, gold formed a higher low on the charts. But will it stick? If the Fed’s bullying tactics towards the inflationary spiral have run their course—if they’ve exacted enough shock value via these high-handed three-quarter-point rate hikes—it could be game […]
Posted inSilver
Apollo Silver (APGO.V) and Forum Energy Metals (FMC.V) – A Highballer Update
There’s been some rather extreme volatility and negative sentiment at play where global markets are concerned. With sentiment in the gutter and stocks getting hammered across the board, some market analysts believe we’re near a bottom and are trotting out the C Word – Capitulation. I suppose it makes sense in certain respects. But in […]
Posted inGold
A mid-April Highballer update featuring Banyan (BYN.V), Prime (PRYM.V), and a few new names worthy of your due diligence
We’re waiting for a rising sector-wide tide here in junior land, one that’ll lift all boats, especially those we’ve singled out with significant assets on their books. As we examined last week, we see accumulation in the Bigs – the senior producers. If history is our guide, it’s only a matter of time before the […]