GoGold (GGD, TSX) launches “Monte del Favor” As Exploration Project Numero Dos In Los Ricos District

Feb 26

It was also a breakout week for Fiore Gold (F, TSX-V)! “We have a strategic plan for the Los Ricos district which includes consolidation of concessions and drilling for ounces.  With the completion of the latest concession acquisitions and our financing, we will be adding drill rigs and accelerating our exploration to showcase the Los Ricos district to be one of the...

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Salazar’s (SRL, TSX-V) Fantastic 4-Year Patriotic Chart!

Feb 25

Salazar’s (SRL, TSX-V) Fantastic 4-Year Patriotic Chart!

I’ve found higher-highs and higher-lows to be one of the best predictors of future price movement when looking at long-term charts. Trump Eyes U.S. Opportunities In Ecuador After a decade or more where capital was leaving the country, capital for exploration and mining activities started arriving in Ecuador in 2018.  As a “new” industry it’s taken some time to work...

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Galway Metals (GWM, TSX): What Will It Take To “Shock And Awe” The Market?

Feb 19

Galway Metals (GWM, TSX): What Will It Take To “Shock And Awe” The Market?

Everybody wants 5-baggers and 10-baggers, and they want ’em now! Patience isn’t exactly a strong suit for most traders and investors. Well, Galway already provided a 6-bagger for some shareholders.  It happened fast, too.  GWM skyrocketed from 10 cents to 60 cents between April and August of 2016. Since then GWM hasn’t advanced whatsoever in terms of stock price...

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66 Grams Gold Over 25 Metres?

Feb 14

66 Grams Gold Over 25 Metres?

Holy crap! Imagine what a tiny little Exploreco. would do if they announced a new discovery like 66 g/t Au over 25 m.  The stock would absolutely explode, in most cases.  I’d guess we’d be talking market caps in the range of $30 million to $50 million, easily – maybe even a lot more, like $300 million. It’s hard to predict.  Every situation is different, but I think...

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+40 G/T Gold Hits 2 Weeks In A Row!

Feb 03

+40 G/T Gold Hits 2 Weeks In A Row!

You’ve got to like what QMX Gold (QMX, TSX-V) is doing in Val d’Or. Wednesday morning we finally started getting assay results from QMX’s River target, located toward the far western end of their 200 sq. km property. The initial drill program consisted of just 7 holes, but as of now we know the first 3 were quite good (4 holes are pending)!...

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“I may in fact be over 10% now, I’m sure I bought some shares this week.”

Feb 02

“I may in fact be over 10% now, I’m sure I bought some shares this week.”

That was Eric Sprott talking Balmoral (BAR, TSX) during his weekly wrap-up. Balmoral is an important piece to the overall puzzle because they own approximately 80% of the belt, the Sunday Lake Deformation Zone (SLDZ) that stretches from Kirkland’s (KL, TSX, NYSE) Detour mine to Wallbridge’s (WM, TSX) high-grade Fenelon deposit.  You can’t get from Detour to Fenelon...

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Games vs Gamesmanship: What Game Are You Playing?

Jan 31

Games vs Gamesmanship: What Game Are You Playing?

Games vs Gamesmanship: What Game Are You Playing? As it relates to the stock market, and specifically the price action of stocks, every so often we hear the term “games” being bandied about.  When price action is all over the place, when we see wild swings UP and DOWN, for what seems like no particular reason people will say “somebody’s playing games” (or something...

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