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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Posted inExploration and Development
A Jan. 10, 2023 Highballer Roundup featuring Forum (FMC.V), Apollo (APGO.V), Patriot (PMET.V), i-80 (IAU.TO), Paycore (CORE.V), and Red Pine (RPX.V)
As we wade into the uncharted waters of this new year, it’s beginning to look like the $1825 level in Gold, once taut resistance, is now in the rearview mirror. The metal is currently doing battle with the $1875 price level. An assault on higher ground at $1900 might be in the cards short term. […]
Posted inExploration and Development
A brief Holiday Roundup featuring Forum (FMC.V), Teuton (TUO.V), and Patriot (PMET.V)…
Lots going on in the macro realm as Gold continues to flirt with levels that, once convincingly breached, could send it on its merry way. Myriad cross-currents are underpinning current trade, but the most significant is a weaker Greenback. $1825 is the level we need to plow through in the precious metal. We need to […]
Posted inUranium
Forum Energy Metals (FMC.V) mobilizes drill rig to Athabasca Basin – a Q&A with Forum’s Wheatley and Hunter + a word on i-80 Gold (IAU.TO)
Forum Energy Metals released two pieces of news in recent sessions that set the stage for a highly anticipated drilling campaign on the edge of the prolific Athabasca Basin in Saskatchewan. (click on the images below to amplify) Wollaston Aside from its strategic location 10 kilometers south of Cameco’s Rabbit Lake mine/mill and 30 kilometers […]
Posted inExploration and Development
An Oct 11 Highballer report featuring Defense (DEFN.V), Forum (FMC.V), Goldseek (GSK.C), HighGold (HIGH.V), Prime (PRYM), and Teuton (TUO.V)
When the Fed began a hiking cycle way back in 1975, the Dollar soared and Gold got cut in half (from $200 to $100). Towards the end of 75, as higher rates and a soaring Greenback weighed heavily on the U.S. economy, the Fed blinked and backed away from its hawkish ways. That move served […]
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 inExploration and Development
Catching up with Apollo Silver (APGO.V) and Forum Energy Metals (FMC.V)
To say that the market has been exacting a certain toll on the junior exploration arena would be a colossal understatement. Even the highest quality asset-rich entities are being stripped down to levels that defy logic. This current environment reminds me of the junior sector at the beginning of the previous bull run earlier this […]
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
Optimum (OPV.V) and Teuton (TUO.V) tag high-grade at Harry Project, Golden Triangle BC – Forum updates progress at Wollaston, Athabasca Basin – some thoughts on market volatility
Volatility dominates the investment landscape as this inflationary spiral appears to have legs. There’s potential for tremendous shock value in the coming weeks as the Fed has taken on a decidedly hawkish stance leading up to its next meeting in May. The Bank of Canada may go even more rogue on rates with as much as […]