Gold: What initially looked like the early stages of an assault on last April’s highs ended in a freefall back below $1900. After eight consecutive weeks of steady accumulation, this correction might represent a healthy pause before the next leg higher. And there might be enough gravitation pull to yank the metal back into the $1825 […]
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Patriot (PMET) knocks it out of the park triggering a trading frenzy – also Apollo (APGO), Defense (DEFN), Prime (PRYM), and Northern Superior (SUP)
Not to downplay Gold’s recent trading action—a Golden Cross and subsequent trajectory that saw $1900 fall—but the headline event in the junior exploration arena is Patriot Battery Metals’ spectacular run. Included in the frenzy are a host of strategically positioned explorecos in proximity to the Patriot’s flagship Corvette Project in the James Bay region of Quebec. After […]
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 […]