“Contrarian investing” description via investopedia.com: Contrarian investing is a type of investment strategy distinguished by buying and selling against the grain of investor sentiment during a specific time. A contrarian investor enters the market when others are feeling negative about it and the value is...
Continue reading » December 13, 2017 admin Gold & Silver Stocks 1 Comment Setting the scene On November 24 we got a news release from Novo Resources which contained the following information: “Novo wishes to advise that the Company has recently been notified by Artemis that the Western Australian Government’s Department of Mines, Industry Regulation and Safety (“DMIRS”) has...
Continue reading » December 11, 2017 admin Novo Resources No Comment A few days ago I posted the graph seen below and suggested that we were in for some pain in the mining space. So far it has been going according to plan, with both metals and miners nosediving since the start of the week. I...
Continue reading » December 8, 2017 admin Chart of the Day No Comment “Another Tradable Low Coming” – Tfmetalsreport.com “Monetary Update For The Dollar” – Goldmoney.com “The War On Gold Intensifies…” – Sprottmoney.com “Economist Jim Rickards on Gold Versus Bitcoin…” – Businessinsider.com “Gold’s Global Supply: Heading For Cardiac Arrest” – theassay.com
Continue reading » December 7, 2017 admin Recommended Reading No Comment So I thought I would write something about what my current investment strategy in the precious metals mining space is. You probably know that I have a large position in a highly speculative exploration stock called Novo Resources. If you think we are currently in...
Continue reading » December 4, 2017 admin Gold & Silver Stocks, Investing Strategies 1 Comment I did a post yesterday that could be read HERE. Apparently there is one thing that needed to be corrected after a poster on CEO.ca wrote that he had talked to Novo and that Novo mistakenly thought that the 67 gpt bulk sample was from...
Continue reading » November 30, 2017 admin Novo Resources No Comment Since I get a lot of questions and emails about what I think about company X or Y and I am unfortunately unable to answer every question due to my “work pipeline” already being full to the brim, I thought it was a good idea...
Continue reading » November 14, 2017 admin 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 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 
