The wisdom of buying a really good play on weakness… Some relatively minor selling pressure came into Balmoral Resources (BAR, TSX) Friday morning, perhaps due to the drop in Gold and the pullback in Wallbridge (WM, TSX) on profit taking, but all charts on BAR show a primary uptrend and are pointing to an eventual breakout through key resistance at 24-25 cents.  So...

The resource market in general continues to struggle, but companies who are flashing high-grade – serious high-grade – and can communicate their story have found a robust “market within a market”. Since 2017 in particular we’ve been advising investors to focus on this niche area, one reason so many subscribers made fortunes on Garibaldi Resources (GGI, TSX-V) when...

1911 Gold (AUMB, TSX-V)! 1. Share Structure With only 38 million shares outstanding the company is tightly held and primed for share price appreciation going into 2020.  No cheap new “free trading” paper is waiting to be dumped into the market, nor is there any potential overhang from warrants (2.6 million warrants are outstanding with an average strike price of...

Just Throw Arbitrary Out The Window On This One! Arbitrary: Based on random choice or personal whim, rather than any reason or system The following statement from CEO Tim Warman nicely sums up Fiore Gold’s (F, TSX-V) whole situation: “Fiore has struggled to gain attention in the markets because of our size.” Fiore’s a “small” producer, I get it.  But if you can look...

After years of effort, Midway Gold poured its 1st Gold bar at the Pan mine on April 2, 2015. They’d finally reached the finish line! “Pouring of Gold at the Pan mine marks the beginning of a new chapter at Midway,” CEO Bill Zisch boldly stated.  “While we have had many hurdles to overcome during development and construction, our team has persevered and maintained a...

Another Lesson In Money Management! I was feeling a lot smarter back in June-July-August, that’s for sure! Since then I’ve been feeling like less of a market genius. Reflecting back on it, my emotional barometer was flashing a “sell” sign, being that I felt so smart, but I didn’t listen.  I should’ve lightened up on GoGold (GGD, TSX), for instance, but I was too...