Commodities and Precious Metals – What this divided election means moving forward
Dave Erfle, Founder of The Junior Miner Junky joins me to focus on the metals sector, including gold, gold stocks, and base metals. We discuss how the split and undecided election will impact fiscal policy and the other drivers for metals and commodities.
I bought some more too today Bonzo.
Atico Continues to Intercept High Grades Including 204 g/t Au, 486 g/t Ag and 17% Cu, Over 1.45 Meters and Confirms Third VMS Lens at La Plata, Ecuador
2020-11-04 08:45 ET – News Release
VANCOUVER, British Columbia, Nov. 04, 2020 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) is pleased to update its shareholders on the positive advances of its drilling program at the La Plata precious metals-rich volcanogenic massive sulphide (“VMS”) project in Ecuador.
Rock Tech Lithium Inc. (the “Company” or “Rock Tech”) (TSXV:RCK) ; ( Frankfurt:RJIB) is pleased to announce positive results from an independent Preliminary Economic Assessment (“PEA”) conducted on a vertically integrated lithium hydroxide converter in Thunder Bay, Ontario.
PEA highlights include:
– Globally competitive Operating Expenses (“OPEX”) of US$5,956 per tonne of lithium hydroxide (All-in Sustaining Costs of $6,546 per tonne).
– Base-case scenario production of lithium hydroxide at a rate of 15,000 tonnes per year.
– Excellent potential to improve economics by expanding production capacity.
The PEA demonstrates that a vertically integrated lithium hydroxide converter located in Thunder Bay, Ontario, exclusively utilizing feed from the Company’s nearby 100%-owned Georgia Lake lithium project, can be viable and globally competitive while providing attractive investment returns.
What i see ahead
This was timely:
On November 3, 2020 at 7:52 pm,
Matthew says:
TLT looks ready to confirm gold’s recent strength…
https://stockcharts.com/h-sc/ui?s=SILJ&p=D&yr=1&mn=5&dy=0&id=p67384000973&a=751760176
I guess no one looked at my “timely” comment because it has the wrong chart! Here’s the right one:
https://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=1&mn=5&dy=0&id=p11207906318&a=834997522
And it WAS timely!
Looks like oil stocks bottomed on 29th Oct, maybe at least a temporary one. Long XOM, EPD
I bought a little EPD today as well as WEAT
PAA is up more than $1 in after hours trading. I think it is better shape than the market realizes.
https://stockcharts.com/h-sc/ui?s=PAA&p=D&yr=0&mn=7&dy=0&id=p52403674857&a=824765117
Luckily for you FOMO sufferers, this move as only just begun…
https://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=3&mn=0&dy=0&id=p60512779770&a=831510417
Yes. Those looking to buy can either buy today or wait for the inevitable solid down day. Since there’s a risk that such a day will happen from much higher levels, I’d consider buying at least some today. The psychological benefit of doing so should help one to maintain discipline and not chase if there’s another big move tomorrow.
All aboard or it’s goodbye time! (That’s MY opinion. Don’t act on it if you disagree!)
https://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=5&mn=0&dy=0&id=p18293460500&a=699859846
Time to hit pedal to metal with PM stocks?
Oops, my reply landed above at 8:35
Invariably there’s always going to be inevitable down days :)Thanks for that excellent chart work.
I’m adding to USAS, AGI, SAND and PAAS.
Bonzo bought more NSRPF at the opening this morning, just in time!