Galina Meleger of Endeavour Silver (EXK) was kind enough to forward me the new “Silver Survey Update 2017” from The Silver Institute, that was just released last week. The report is painting a positive picture regarding the potential for a higher silver price next year...
Continue reading » November 25, 2017 admin Gold & Silver Stocks, Silver No Comment News release from November 14: “GFG Resources Continues to Expand Gold Mineralization 100 Metres West of North Stock with 0.95 g/t Gold over 22.9 Metres” Granted, at first look it does not look that impressive. But, in this business CONTEXT is crucial. Having “barn burner”...
Continue reading » November 15, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment First of all, Novo Resources recently uploaded their November presentation to their site, which included some thoughts on the gold mineralization at Purdy’s Reward. One statement reads as follows: “Novo has confirmed Comet Well-Purdy’s Reward deposit is a near-shore marine alluvial gold deposit”. Basically rising...
Continue reading » November 12, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment As most of you know I was invited to attend the Precious Metals Summit Conference at Park Hyatt in Zurich this week (props to @Miningbookguy). I had 1-on-1 meetings with management from 21 companies in total. Fortunately I got to meet with every company I...
Continue reading » November 9, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment Company data Website: https://www.gfgresources.com/Home/default.aspx Stock Ticker: GFG Shares Outstanding: 50.3 Million Shares Outstanding (fully diluted): 53.0 Million Market Cap (fully diluted @ C$0.57): C$30 (US$23 Million) Insider Ownership: 14% Institutional Investors: Zebra Holdings, US Global, Sentry, Machenzie & AGF. Cash: US$4.0 Million (June 30) My bullet points...
Continue reading » November 1, 2017 admin Gold & Silver Stocks, Horseman's Portfolio, Stock Reports No Comment We should see some wild movements pretty soon. RSI and MACD are suggesting that the large wedge will be broken to the upside. [yop_poll id=”1″]
Continue reading » November 1, 2017 admin Chart of the Day, Gold & Silver Stocks, Horseman's Portfolio No Comment De Grey Mining recently announced discoveries of more outcropping conglomerates beneath the Mount Roe Basalts near Whim Creek. West discovery: I do not own De Grey, but I own a large chunk of Novo Resources that owns most of the...
Continue reading » October 31, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment First price chart trend line broken. MACD has broken first trend line. RSI has broken two trend lines. Hopefully this turns out like the scenario I described a few months ago: Blood bath phase breaking all technical supports exactly like before the huge Q1 rally...
Continue reading » October 25, 2017 admin Chart of the Day, Gold & Silver Stocks No Comment Presented without comment (for now)… Much more to come…
Continue reading » October 22, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment I have a bunch of slides that I will post at some point in time, that covers a lot on the Novo staking as well as target size theory. Basically I think I have cracked the code behind Novo’s staking. It’s really simple when you...
Continue reading » October 22, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment