Radisson Mining – Exploration Update Along High-Grade Trend #2 at the O’Brien Gold Project
Hubert Parent-Bouchard, CFO of Radisson Mining (TSX.V: RDS) (OTC: RMRDF), joins us to highlight the resource expansion potential at depth along the high-grade Trend #2 at the O’Brien Gold Project located along the world-renowned Larder Lake-Cadillac Break in Abitibi, Québec.
The headline drill hole # OB-21-290W1 intercepted 4.04 g/t Au over 15.90 m including 5.24 g/t Au over 10.80 m, and there were several other drill holes intercepting 4-5 g/t Au over solid intercepts. We have Hubert outline the big picture exploration results over the last few years at Trend #1, Trend #0, and Trends # 3 & #4. The Company also just announced that it has commenced a field program focused on the 54 km2 area comprising claims located to the south of the prolific Larder-Lake Cadillac Break, including the recently acquired New Alger property.
Since 2019 the Company has drilled over 130,000 meters, with 26,000 meters still pending to be released from the assay lab from 54 holes, 22 of which showed visible gold. The exploration team has a very high 70%+ hit rate success from the holes drilled thus far, and is now utilizing the new technology of directional drilling to improve the results even further.
If anyone has any further questions for Hubert regarding Radisson Mining, then please email us at either Fleck@kereport.com or Shad@kereport.com.
As the late great Jim Rohn would say when companies would ask him what the next 10 years would look like in the economy and business cycle he would always respond “About like the last 10 years…. opportunity mixed with difficultly.”
U.S. And Partners Enter Pact To Secure Critical Minerals Like Lithium
Reuters – June 14, 2022
“The United States, Canada and other countries have established a new partnership aimed at securing the supply of critical minerals, which are essential for clean energy and other technologies,as global demand for them rises, the State Department said on Tuesday.”
“Demand for the minerals, such as nickel, lithium and cobalt, is projected to expand significantly in the coming decades.”
Rob McEwen on Kitco said McEwen Copper would IPO next year. I’ve been watching the Jan24 – $1 MUX calls but didn’t buy any yet.
http://www.kitco.com/news/video/show/PDAC-2022/4066/2022-06-14/The-Feds-tightening-wont-cure-inflation-Why-gold-will-reach-$5K-in-two-to-three-years—Rob-McEwen
using my trading method…this is, ‘danger will robinson’…the 5/16 swing low must hold…why,,,,, that is a trading cycle low…within a brand new intermediate rally attempt from same date…look at weekly /GC…see…if this fails w 2 closes below on daily the intermediate is probably failing and those cycles are 12 weeks on ave…see….be careful…this is not a slam dunk for inflation trade…gold may be calling a period of deflation first….imho
/gc day….https://tos.mx/WVkENlz
GDX day…already has 2 penetrations of major TAS support and plus swing point pricing of 5/12/22..price has recovered above swing but not the blue dash TAS…dangerous/…TAS algos are not accidents…and that says support has been violated and that buyers are not stepping in at that juncture…and they should, like sooon…glta
weekly/GC…1828 TAS support needs to hold…That is the final level were buyers are defending price…..and once the swing low of 5/16 fails no support until 1677.3 TD9 breakout level…glta…very serious moment in gold prospects for a few months IMHO…
I said GDX looked good when it was backtesting Tuesday’s low yesterday and now it looks great, especially considering the way the stock market is performing. SPY is down over 3% at the moment.
60 minute:
https://stockcharts.com/h-sc/ui?s=GDX&p=60&yr=0&mn=0&dy=18&id=p45870262217&a=1186950834&r=1655398144343&cmd=print
But more Brixton and also now own novo!!
Best of luck to all…
I smell the turn
The thumbs up was supposed to go under your post… I own full position in Brixton, Defiance, Impact and Santa Cruz.
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That’s a great list there Dan 😃and a good mix of explorers/producers
Best of luck amigo!
Nice Dan – I’ve got healthy positions in Impact, Santacruz, and Defiance as well. Cheers mate!
I know someone who bought 250,000 shares of Brixton today after it hit double “modified Schiff” fork support this morning. It looks like one purple fork on the following chart but it’s really two, a red one and a blue one, perfectly superimposed. What are the odds of that?!
https://stockcharts.com/h-sc/ui?s=BBB.V&p=W&yr=5&mn=7&dy=0&id=p68499377776&a=748708237
A quick glance at the last year shows that “up” volume is consistently much greater than “down” volume…
https://stockcharts.com/h-sc/ui?s=BBB.V&p=D&yr=2&mn=0&dy=0&id=p13048636614&a=948101665
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BOE Raises Rates to Highest Since 2009 and Warns of Bigger Moves
The Bank of England raised interest rates for a fifth straight meeting…
https://www.bloomberg.com/news/articles/2022-06-16/boe-hikes-rate-to-1-25-as-it-drops-hint-of-bigger-move-ahead?utm_content=bloomberguk&utm_medium=social&utm_campaign=socialflow-organic&utm_source=twitter&cmpid%3D=socialflow-twitter-bloomberguk
ok…i will continue day trading…even if i miss gaps up…or down
Added Amex Exploration … again.
Yeah, I’ve been building back my position in Amex Exploration again as well Lakedweller2, and just added some more to my position on Monday.
I am setting some money aside to buy miners off the Fed Balance Sheet. Just not sure when they will sell them back to the market….that’s humor I hope.
Took some tax losses early and picked up a few Silver X.
I wonder what the effect of raising rates .75% will have on the foreign exchanges, or the lesser American exchanges like the grain market. Soon they may decide to close to close The Exchange. Anything is possible these days, if you can predict what will happen next you will be a true guru. DT