A good number of the junior exploration companies we follow here at Highballerstocks have claimed higher ground in recent sessions: Skeena Resources (SKE.V), HighGold Mining (HIGH.V), Coral Gold (CLH.V), Pure Gold (PGM.V)… to name a few. It would appear that gold stocks are beginning to de-couple from general equities. The following GDX chart shows a […]
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Posted inBase Metals, Gold, Silver
Some of the companies we follow making news in recent sessions
This is a good time to update a few of the companies I follow closely here at Highballerstocks. Most have recovered significant ground off their March 16 crash lows, some more than others. Apparently, the COVID-19 threat exists even in the remote, wide-open expanses where junior exploration companies are drilling high priority targets. A number […]
Posted inBase Metals, Gold, Silver
An opportunistic look at high-quality ExplorerCos with significant cash on their books – enough to aggressively push their projects further along the development curve
Taking advantage of further price weakness in the junior exploration arena Last Monday (March 16) represented a glorious opportunity to bag high-quality gold stocks at prices that bordered on the surreal. You had to be quick though, the sell-off lasted less than one hour before buyers rushed in pushing many of the stocks I follow […]
Posted inBase Metals, Gold, REEs
Updating the stocks on our list after a brutal week of trade
On Thursday, Mar. 12, the Dow fell 2,352 points—its largest single-session point drop on record. The following day, on Mar. 13, the Dow powered nearly 2000 points higher, its largest single-session point gain in history. This extreme volatility was inevitable. The longest-running bull market in history was driven by artificially low interest rates and accommodative […]
Posted inBase Metals, Gold
Market volatility, stink bids, and HighGold Mining
Markets caught what-for last week as the last vestiges of greed turned into abject fear. The reason: an emergency 50 point rate cut by the Fed—one that telegraphed panic from the gatekeepers of the U.S. economy—brought about by the pressure COVID-19 is exerting on corporate profits and earnings forecasts. During the tumult, U.S ten year […]
Posted inBase Metals, Gold, REEs
HighGold Mining, Defense Metals, Coral Gold, and general junior sector volatility
“Be bold and mighty forces will come to your aid”—someone famous once said that. It might’ve been Francis McDormand. I don’t need to recap what happened last week in the broader markets, cept to say the selling was across-the-board, indiscriminate. In the resource arena, much of the price weakness we witnessed was exacerbated by the […]