Having bookended the month of March with a Double Bottom and smashing through stubborn resistance at $1800 last week (a hard-fought 10-week high), Gold is holding on to its gains, settling in above that critical $1,800 line. The next stop for the precious metal is the 200 SMA at roughly $1856. Once that level falls, […]
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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 […]
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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 […]
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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 […]
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A Highballer roundup – Forum (FMC.V), Defense (DEFN.V), Harfang (HAR.V), Highgold (HIGH.V), Skeena (SKE.T) and Pure Gold (PGM.V)
The launch of Highballer back in early 2020 sprung from the belief that we’re in the early stages of a bull market in precious metals, base metals, battery metals, and all things mining—a bull run that will prove epic in scale. I’ve seen this movie before. It has a riveting plot. Bolstering that belief, central […]
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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 […]
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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 […]
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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 […]
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HighGold (HIGH.V) drops high-grade assays from Johnson Tract Project in Alaska, Forum (FMC.V) advances district scale Ni-Cu-PGM Love Lake Project to the drilling stage, closes $1M PP
HighGold reported additional assays—four new drill holes highlighted by wide intervals of high-grade gold and polymetallic mineralization—from its ongoing 15,000-meter diamond drill program at its flagship Johnson Tract Gold Project in Alaska. The highlight (stepout) interval from this round of assays is right in the (Oct. 15th) headline… HighGold Drills 11.5 g/t Gold over 20.1 […]
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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 […]