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 […]
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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 inExploration and Development
Inflation, Gold, and an early spring roundup featuring Goldseek (GSK.C), Teuton (TUO.V), Forum (FMC.V), and Cartier (ECR.V)
Inflation is every investor’s concern right now. It’s on everyone’s radar. Spiraling price pressure doesn’t just represent a loss in purchasing power; it’s a precursor to a lower standard of living (if wages don’t rise commensurate with the spiral). All eyes will be on the CPI numbers set for release this Tuesday (April 12). Analyst estimates […]
Posted inUranium
Uranium tags multi-year highs, Skyharbour Resources (SYH.V) in the spotlight, updating Defense Metals, Forum Energy Metals, Harfang Exploration
Uranium. It’s all the rage right now. Sentiment in the uranium arena is turning altogether positive with spot prices tagging multi-year highs at $39 per pound in recent sessions. The Sprott Physical Uranium Trust, which made its debut on the TSX earlier this summer, invests in physical uranium. According to Sprott’s updates on Twitter, the fund […]
Posted inGold
Prime Mining (PRYM.V) tags bonanza grade silver at Los Reyes project in Sinaloa Mexico – shifts into Phase-2 drilling
The last time we checked in with Prime, they were reporting “more bonanza grades” at their 13,800-hectare flagship Los Reyes project in the mining-friendly state of Sinaloa Mexico. They were also adding a 7th rig to their 15,000-metre Phase-1 drill campaign. Los Reyes is a district scale low sulphidation epithermal gold-silver project located in a […]
Posted inGold
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 […]
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
A rundown of the companies comprising the Highballer shortlist
I decided today was as good a day as any to take stock (scuse the pun) and see how the Highballer portfolio has performed since I began covering our shortlist of ExploreCos earlier this year. I launched Highballerstocks on January 15, 2020, to take advantage of what I believed was the beginning of an epic […]
Posted inGold
Big moves in the Highballer portfolio
Last week gave us what we were looking for—significant upside price trajectory in the Highballer portfolio (Pure Gold, HighGold, Coral Gold, and White Gold). We have both movers and news-makers to report. We’ll start at the top of the alphabet and move on down. Cartier Resources (ECR.V) – (ECRFF.OTC) On May 13, our deep value […]
Posted inGold
Companies on the Highballer shortlist making news and gaining traction
Though gold, in U.S. dollar terms, is still consolidating its recent gains, the Senior and mid-tear gold stocks have gone on a tear of late. Newmont (NEM.NYSE), one of the largest gold Producers on the planet, tagged multi-year highs in recent sessions (a decade long weekly chart below): The Senior royalty stocks have performed even […]