“I think 2020 will be a very exciting year.” – Brad Langille, CEO GoGold

Nov 24

“I think 2020 will be a very exciting year.” – Brad Langille, CEO GoGold

GoGold (GGD, TSX) “I think 2020 will be a very exciting year.” – Brad Langille, CEO GGD looks to have carved out a nice support base at 60 cents, 3 x higher than where it started the year, and closed the week at 65 cents (up 7%). The Parral Tailings Project continues to deliver quarter after quarter.  GoGold’s basically got this operation running at a steady state...

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Balmoral (BAR, TSX) The market’s expecting good news next week!

Nov 23

We’ve been watching 24 cents like a hawk for several months now, so it sure was nice to see BAR break above that key resistance Friday.  The stock jumped 18% on strong volume with nearly 1.6 million shares traded.  Watch for potential confirmation of the breakout early this coming week.  This means BAR must avoid a “sell on news”, trade strong volume at 25 cents or...

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Some thoughts on the bullish Eskay Creek PEA released last week by Skeena Resources (SKE, TSX-V).

Nov 17

Skeena’s Inferred category resource and PEA – “Inferred” resources are “too speculative” for a firm economic decision (accuracy can be off by plus or minus 30%), but if the numbers are close to being right they obviously look exceptionally good (especially given conservative base case assumptions of $1,325 Gold and $16 Silver). Keep in mind, the PEA is derived from...

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Balmoral (BAR, TSX) Welcomes Strategic Investment From Eric Sprott

Nov 12

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...

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The Recipe For Success In This Market = High-Grade

Nov 03

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...

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19 Reasons 1911 Gold (AUMB, TSX-V) Is A Fantastic Speculation

Nov 01

19 Reasons 1911 Gold (AUMB, TSX-V) Is A Fantastic Speculation

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...

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Fiore Gold: Just Throw Arbitrary Out The Window On This One!

Oct 28

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...

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