I’m looking to shake things up a bit here at Highballer. I’ve been thinking long and hard and I’ve decided to cover certain highly speculative companies in the pre-discovery phase of their cycles, and those following up on new discoveries with aggressive drill campaigns. The goal is to deliver a more dynamic, broad-ranging read (I […]
Defense Metals (DEFN.V) announces landmark MOU with Sinosteel Corporation
First featured in these pages roughly 18 months back in the $0.15 range, it’s been a crazy ride for Defense Metals shareholders. 80.34 million shares outstanding $17.68M market cap based on its recent $0.22 close Corporate presentation After tagging a high of $0.75 earlier this year, the shares have fallen back to a level that may […]
Forum (FMC.V), Prime (PRYM.V), Skeena (SKE.T), Harfang (HAR.V), and the Disconnect…
In a recent Equity Guru piece, I presented the disconnect—the divergence—that exists between gold stocks and the underlying metal via a chart comparing GLD (the SPDR Gold Shares ETF) to the GDXJ (the Global Junior Gold Miners Index). I suppose you can blame this price weakness on the summer doldrums—the volume has dried up in […]
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 […]
The drills turn at Forum’s Janice Lake Project in Northcentral Saskatchewan and HighGold’s Johnson Tract Project in Southcentral Alaska
The following is a brief update related to two of the companies we follow closely here at Highballer. Brief, because it’s currently pushing 41C (107F) as I tap away on my keyboard, beads of sweat colonizing my forehead and the nape of my neck. I’ve consumed 8 liters of H2O and my day is barely […]
Forum Energy Metals (FMC.V) tags high grade Cu at Janice Lake Project in mining-friendly Saskatchewan
Despite Copper taking it on the chin in recent sessions… … the shares of Forum Energy Metals (FMC.V) having been holding up well, and on fairly decent volume. It’s not always the case, especially in these highly volatile markets… but when a Cu exploreco demonstrates price strength while the underlying commodity is getting thumped on… […]
Forum (FMC.V) announces initial results from Janice Lake, Harfang (HAR.V) confirms kilometric-scale gold structure at Serpent Project, Prime (PRYM.V) delivers MORE bonanza grades at Los Reyes Project
After smashing through all-time highs, Copper—the malleable, red-orange metal with superior thermal and electrical conductivity properties—is currently consolidating its gains after that historic breakout. If you believe we’re in the early innings of a new supercycle in commodities—a structural bull market that will stick for years—Copper will lead the push higher as the rush to […]
Gold breaks out, Copper tags all-time highs plus Forum (FMC.V), HighGold (HIGH.V), Prime (PRYM.V), Banyan (BYN.V), Skeena (SKE.T), White Gold (WGO.V)
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, […]
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 […]
Inflation, Gold, Copper – Forum (FMC.V), Defense (DEFN.V) and Prime (PRYM.V) – Part 1
Recent trade in gold is showing some real conviction having taken out key resistance at $1750, a level that has held prices in check for the past month and a half. After forming a Double Bottom at key support in mid to late March, the low may be in for what some call “eight agonizing […]