For resource investors will precious metals outperform other metals in 2020?
Brian Leni joins kicks off today by comparing a number of resource opportunities heading into 2020. There are may reasons for gold and silver investors to be encouraged heading into next year but it’ll be important to be selective.
Click here to visit Brian’s site and follow along with his thoughts on the metals markets.
Aw Shucks! Democrats squealing they won’t be able to have the dead vote for them in Georgia….
https://www.commondreams.org/news/2019/12/17/stop-illegal-purge-outrage-georgia-gop-removes-more-300000-voters-rolls
President Trump took to Twitter this morning to admonish Fed Chair Powell (something he hasn’t done for a little while).
Trump said “Would be sooo great if the Fed would further lower interest rates and quantitative ease.”
https://www.zerohedge.com/markets/trump-urges-fed-cut-rates-launch-qe-counter-strong-dollar
On June 21, 2019 at 4:53 am,
Chartster says:
QE is impossible for the fed to do. It takes a corrupt president with a corrupt treasury to let it happen.
—————–
There you have it, Chartster, a corrupt president is ASKING for it, not just letting it happen.
CFS: Central control/monopoly of the monetary system is not communistic, is It? Nah, can’t be.
I dont know if Trump is for individual nations, he works for Israel and they’re globalists.
All worth it tho to make america great again.
He follows the script, that’s all.
Surprise, surprise, I just picked up Brixton Metals at .17…
https://stockcharts.com/h-sc/ui?s=BBB.V&p=W&yr=2&mn=11&dy=18&id=p24051446243&a=601824555
I bought enough at .17 today that my average for the last week is under 18 cents.
Keep buying up that float!
I’m trying!
Hi Matt!
I bought a ”dip-the-toe” amount of BBB at 0,185.
Do you think we will see 14-15 range? Judging by the trendline you brought up it sure doesnt seem that far away.
Cheers!
Hi Miklo,
As long as silver and the sector hold up, I think .16 will hold. But .14 -.15 is definitely possible either way. Considering the daily volumes lately, one or two semi-large sellers could make it happen easily.
Cheers and good luck!
I will probably buy more at 16 if it gets there.
My Tudor have been doing fine. I bought more at 48.
I sold my FCX to buy KL but that has obviously been a bad trade. Do you have an opinion on FCX and copper in general? The copper price and FCX have been strong since I sold FCX. For some strange reason everything I sell tend to go up and vice versa. :))
I like the looks of both copper and FCX but don’t own either. FCX looks like it is going to do very well next year — a 50% move (or more) wouldn’t surprise me.
JAG is above its 50 day MA for the first time since September…
https://stockcharts.com/h-sc/ui?s=JAG.TO&p=D&yr=1&mn=0&dy=0&id=p70631172619
That’s encouraging for JAG. It would be nice to see it go on a big Q1 Run.
December 17, 2019
Irving Resources’ First Drill Holes at Omui Mine Site Return High-Grade Gold and Silver (Au-Ag)
Vancouver, British Columbia, December 17, 2019 (Globe Newswire) – Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce its first two diamond drill holes completed at Omui Mine site, part of its 100% controlled Omu Gold Project, Hokkaido, Japan, have encountered high-grade Au-Ag vein intercepts. In addition, a recently completed deep hole at Omui Mine site has encountered multiple epithermal veins within the boiling zone at vertical depths of over 300 m.
NOVO DISCOVERS NEW TERRACE GOLD AT EGINA; RECEIVES POSITIVE INITIAL
SORTING TEST RESULTS
VANCOUVER, BC, December 17, 2019 – Novo Resources Corp. (“Novo” or the “Company”) (TSX-V:
NVO; OTCQX: NSRPF) is pleased to announce recent exploration has revealed extensive new areas of
gold-bearing terrace gravels at its Egina gold project, Pilbara, Australia. Recently completed heritage
surveys provide access to multiple new target areas. Initial results from mechanical sorting test work on
bulk samples of Egina gravel at Steinert Global prove very encouraging.
I’m glad silver finished down today to end a very extended run of 6 days up. The last run of 6 or more days higher kicked-off the 38% move that started last May.
https://stockcharts.com/h-sc/ui?s=%24SILVER&p=D&yr=1&mn=5&dy=0&id=p19810429041&a=500462915
+38
Hopefully. I’m beginning to look for metal stocks to outperform metals too.
PREMIER TO FOLLOW-UP HIGH GRADE RESULTS IN RED LAKE
Premier Gold Mines Ltd. plans to re-establish exploration on its Red Lake projects in 2020, including a renewed focus at the company’s 100-per-cent-owned Hasaga project. This program will continue to test the expansion of the Hasaga C zone and D zone target areas. The last drilling delineated significant high-grade mineralization down plunge of the historic Howey and Hasaga mines that collectively produced more than 640,000 ounces of gold between 1930 and 1957.
Highlights from Premier’s exploration campaigns up to late 2018 include:
C zone results include 50.0 metres of 9.19 grams per tonne gold (HMP164) and 21.0 m of 12.03 g/t Au (HMP164-W3), 54.0 m of 10.94 g/t Au (HMP151) and 67.0 m of 4.02 g/t Au (HMP176-W3).
A near-surface mineral resource estimate was completed with 1.12 million ounces gold indicated and 630,000 ounces gold inferred from multiple optimized pit shells, suggesting the potential for future open-pit mining.