Dana Lyons – Technical Analysis On Markets, Commodities and Bitcoin
Dana Lyons, Fund Manager and Editor of The Lyons Share Pro joins us to discuss the overall health of the market, highlighting strong participation from small and mid-cap stocks. Dana delves into the performance of various sectors, noting the strength of defensive sectors such as utilities and consumer staples, as well as cyclical sectors like financials and industrials. He also touches on the commodities markets, which are lacking strong uptrends, outside of Uranium. Additionally, Dana shares his thoughts on the crypto market, particularly Bitcoin’s performance.
Gold has had a good run that is not over yet, but Silver, LOL! Katie Bar the Door. It will leave even the nutty silver bugs standing with their mouths wide open! DT 🤣😉
This came out today, Eloro Resources $3.00 target Haywood Securities. DT
https://clients.haywood.com/uploadfiles/secured_reports/ELONov272024.pdf
News release yesterday, Eloro Resources! DT
I have been buying a lot of Eloro Resources, (ELO-TSX) they are listed on the TSX, the senior exchange with about 84 million shares outstanding. Eloro has a huge resource that is now undergoing infill drilling, Eloro will become a mine. Eloro is in the Potosi Department of southwestern Bolivia which is a great jurisdiction. It is primarily a silver deposit with zinc, lead, and tin credits.
If you look at Sitka Gold Corp. (SIG-TSX-V) they are a hot gold explorer in The Yukon, also a friendly mining environment. But the Yukon has a lot of infrastructure problems, and the winter is just one of them. They are just starting out and they have 322 million shares. If they do a rollback of 4 to1 they will have 82 million shares. That would give them now a share price of $1.60 CDN verses Eloro at $1.05. This is very rudimentary Due Diligence, but I would take Eloro Resources any day over Sitka Gold. DT 🤣