ASX:FMGThe recent drop in iron ore prices has seen the major mining companies being beaten down, the selling has now reached panic proportions and of all the big miners Fortescue has faired the worst. While I am not saying this is a good time to buy, as iron ore prices still have fundamental head winds to contend with and the prices can certainly move much lower before smaller miners are forced out the market and the supply glut begins to dissipate. However expect some consolidation or a small bounce within the highlighted zone before any moves lower are made. This zone will be the first major test for bulls if the can keep prices around the $15.00 mark and a floor develops in the next few months in iron ore prices this could develop into a good buying opportunity. Don't be surprised though if price consolidates before moving lower to one of the highlighted support zones.
*Not a recommendation to buy or sell, simply for educational purposes*
Mining
21/09/16 BTCUSD - Very Bearish Outlook - by RT-TradingDear Traders,
First of all, thank you for your positive Feedback on our first post in terms of XAUUSD (Gold). My second analysis will be about BTC .
BTC is on everyones lips. But I think that the hype about the avoidable bull run will pass.
Technically, BTC doesn't look good at all. The price reacted exactly between the 50% and 60% Fibonacci levels as I expected. The volume decreased sharply, the divergence on the RSI became larger and larger. The strong sell-off last week was therefore only a matter of time. So what's next? I think that we will correct a little further, up to around the area I have marked, before the next wave of sales starts. I determined the minimum short targets using Fibonacci extensions. I have marked the relevant areas from 0.618-1.618 in gray for you. I am very confident that BTC will move there in the coming months. At the same time, these are ideal buying opportunities for those who have not yet been able to benefit from BTC.
What do you think of my idea? I am looking forward to your feedback!
Warm greetings,
Raffa
$ANY Major cryptos have bin rebounding after the recent sell off$ANY finding strength. News was out today
1. Seeking Alpha article with a $45 price target
2. The first batch of its 7,200 BTC miners are now live.
An alert is set for 7.67 We want to see a retest and a strong solid candle close above this level for a possible brake out play.
TSLA is en-route to becoming an off-planet mining company.I have been following Tesla since back in the day and I have never read anything about this.
For this summary, I am going to umbrella all of Elon Musk's work under the name Tesla. I know this is currently fundamentally incorrect but Musk has made suggestions that he will try to grant owners of TSLA some sort of privileged access to SpaceX shares if it goes public so I am going to loosely hold onto that thread for simplicity's sake.
It is clear to me that almost all the work that is being done by Tesla all points in one direction.
Simply put, what do you get when you combine:
1. electric power-trains (Tesla cars)
2. robotics (robotic manufacturing of Tesla cars)
3. robots (the recent suggestion of creating general purpose humanoid robots)
3. solar power
4. boring (aka mining)
5. space flight
You get off-planet mining, with the ore processing and manufacturing plants in space.
Think about it:
You have essentially unlimited power in space through solar generation.
Although electricity != propulsion, because things like ion propulsion engines require physical fuel, such fuel can be mined. Essentially you could even just shoot iron pellets off the back of a space ship using electro-magnet based accelerators to move craft.
WIth essentially unlimited solar power generation in space you could launch a simple, initial ore processing facility into space and from that you could build successively larger ore processing facilities.
The final product can either be shipped back to Earth or it can be used to build in space itself...enter Starbases 001.
All this will be highly automated.
I do not see this as being too relevant to TSLA's current share price as it is too far in the future. But I'm not sure why nobody else sees that most if not all of Musk's moves from the past few years are clearly pointing to off-planet mining, so I thought I would point it out.
I do not go into technical specifics here because I don't have the background to break things down.
There are many hurdles to be overcome.
This is still very much sci-fi, with emphasis on the `fiction` part.
The chart is simply an observation of TSLA bouncing off the 200DMA. How long the current bull market will last is anyone's guess. Looks to me like it has lost it's steam and will drop soon.
I do not own any TSLA.
$BTCM 1 Hour Volume ProfileNice bounce off EMA cloud.
Watching for possible rejection at these levels short term , esp with tomorrow being OPEX
Break above $12.36 she can go
Up +7% today so far ... My bias is a retest of the 200MA ($11.7 zone) with follow through to the upside next week... just an idea.
BTCM continues to trade on delay with BitcoinThe traditional market do not fully understand crypto yet and the lag between #Bitcoin and #crypto related stocks is extremely easy to capitalize on...
BTCM is a Bitcoin and crypto mining company that is publicly traded on NYSE so I am very interested in owning ALL of this stock but I have been forced to trade in and out due to the correlation being so obvious.
I am not really long or short on this stock, I am simply riding the Bitcoin wave when to get in and out and suggest you put it on your radar to do the same even just to watch.
Newmont: Game Time! 💰💰💰The Newmont stock has reached an important mark within the chart, and we are waiting for the stock to turn around. If we stay above $54.18, we continue to expect the price to crush through the resistance at $75.31 and proceed to tackle prices above $90. However, a 45% chance of falling below $54.18 remains, which would lead to further declines.
Go Bulls, Go!
SOS Day trading optional analysis Please note I am a long term invester in SOS with approx 13k shares. I do day trading on the side and love the SOS movement. This analysis is for entertainment purposes only.
Let me know what you think. I use other indicators but turned them off for the purpose of the chart.
DPW Ault Global Holdings 1050% growth Y/Y | Crypto play! Q2 2021 Revenue of $62.1 Million, up 1050% From Q2 2020
Q2 2021 Net Income of $42.2 Million Vs $1.4 Million Loss in Q2 2020
Total Assets of More Than a Quarter of a Billion Dollars ($259.1 Million)
Revenue from cryptocurrency lending and trading activities of $53.3 million!
Revenue from cryptocurrency mining of $291,000.
DPW Ault Global Holdings has 1,000 miners!
Net income: $42.2 million - largest quarterly profit in Company history!
Cash of $105.4 million
Marketable securities of $30.2 million
Other investments of $81.5 million
Total assets $259.1 million
DPW Market Cap ONLY 118.463Mil
My price target is 11usd.
When was the last time you saw such a strong quarter in a company compared to its mk cap???
GSP - A hidden gemFundamentally and Technically sound. I've been watching and buying for some time and done my share of due diligence to find this is going to be the "next big thing" is environmentally ethical mining. EXTREMELY light volume and a tight channel with minimal volatility makes it an easy buy.
I expect funding news at some point before the end of the year for the Tugaske project expected to produce a minimum of 250,000 tonnes of muriate of potash (MOP) per year. HELM Fertilizers Corp, a US-based subsidiary of HELM AG, has agreed to purchase 100% of the annual production from the Tugaske Project and market directly to its customers using its own infrastructure.
Lets talk about the price of potash now... For the fourth week in a row, potash saw the largest month-to-month gain, increasing to an average price of $501/ton. This marks the first time potash has had an average price above $500/ton since the fourth week of September 2013.
Lots of good things in the making here and happy to be along for the ride on a long position!
Pure Gold MiningNow they have achieved commercial production and in an environment of rising gold prices, the PUR stock price is looking to breakout of a downward pointing wedge technical pattern.
This is a good buying opportunity.
IOTA. how it relevancy with 5G tech
great thing to know about this crypto.
IOTA is different with others crypto in term of it is technologies
there’s no blockchain, there are no miners, and because there are no miners, there are no fees. Many established networks see costs balloon when congestion intensifies, but IOTA aims to provide limitless throughput at minimal expense.
the marking price for today to date.
Rank #46
Coin
On 226,540 watchlists
IOTA Price (MIOTA)
$0.847
1.31%
0.00002029 BTC3.98%
0.0003441 ETH1.75%
GDX HAS COILED ENERGYThe metals have been stuck in a range for quite a while. Gold Miners ETF (GDX) appears to have made 5 waves up since the crash in 2020 and formed an ongoing complex correction. What do you think? Has GDX bottomed? Take note of the lower stoch/rsi wavetrend indicator and the broadening nature that has occurred since this correction. This looks like a hidden bearish pattern that will eventually break. When it breaks, GDX is likely to move up incredibly strong. Perhaps one more push lower? I don't know... But I'll be ready if it drops again.
For me, I have some medium-longer term targets over 55-60.
Vox Royalty Just Doubled 2021 GuidanceFor those of you who haven't been following along, this is what was said in May at the end of Q1 2021.
GEORGE TOWN, CAYMAN ISLANDS – May 25, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is
pleased to announce its operating and financial results for the first quarter ended March 31, 2021. All amounts are in U.S. dollars
unless otherwise indicated.
Kyle Floyd, Chief Executive Officer stated: “The first quarter of 2021 marked another milestone for Vox as it reported record
revenues. The Company is well on track to achieve its previously announced 2021 royalty revenue guidance of C$1.7M to C$2.5M.
The embedded organic growth in our portfolio of 50 royalty assets continues to build. Every month our shareholders are benefiting
from exploration successes, fast-tracking of development and production increases on our royalty properties. The coming quarters
have strong potential to be the most productive in Vox’s seven year history.”
This is where they are end of Q2 2021
VOX ANNOUNCES RECORD REVENUE IN Q2 2021 AND INCREASES 2021 REVENUE GUIDANCE BY +100%
TORONTO, CANADA – July 27, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”), a high growth precious
metals focused royalty company, is pleased to announce that it has realized record preliminary quarterly royalty revenue of
C$1,628,600 (US$1,314,000)
for the three-month period ended June 30, 2021. During the quarter, the Company recognized inaugural royalty revenue from its Janet Ivy gold royalty, acquired on March 29, 2021, which is an uncapped A$0.50 per tonne royalty.
Quarterly revenue benefitted from increased royalty-linked production by Mineral Resources Limited (ASX: MIN) at Koolyanobbing, increased production by Karora Resources Inc. (TSX: KRR) from the Hidden Secret deposit at Higginsville covered by the Dry Creek royalty, inaugural royalty revenues earned from the Janet Ivy royalty, and increased production by the operator of the Brauna royalty.
Vox has successfully grown quarterly revenue figures exponentially since Q3 2020, which is summarized in the below chart:
Three months ended June 30, 2021
Royalty revenue (C$) == $1,628,600
Royalty revenue (US$) == $1,314,000
Royalty revenue % growth == 143%
# of producing assets == 4
Kyle Floyd, Chief Executive Officer stated: “This is the continuation of an exciting period in Vox’s growth as revenue and
profitability metrics start to reflect the true earnings power of the Vox royalty portfolio. We have consistently updated the market
with operator updates concerning our royalty assets and noted that our portfolio continues to grow ahead of expectations. The
coming quarters and years should continue to reflect a robust increase in revenues from both in production assets and development
stage projects we expect to come online.”
Vox receives money$VOX.CA is pleased to announce that it has executed binding agreements with Titan Minerals Limited to acquire four Peruvian gold, silver, and copper royalties for total cash consideration of US$1,000,000. In addition, Titan will pay Vox US$1,000,000 in cash pursuant to the terms of an agreement between Vox’s subsidiary, SilverStream SEZC, and a subsidiary of Titan, Mantle Mining Peru S.A.C. (together with the acquisition of the Royalty Portfolio, the “Transaction”). Spencer Cole, Chief Investment Officer stated: “We are pleased to close out this legacy receivable from Titan and to add four highly prospective Peruvian exploration royalties to our portfolio. #preciousmetals #gold #royalty #miners $GDX $WPM $RGLD $FNV
This company is on the move
Short term bearish, long term bullishBased on Elliott Waves and Fib levels. The targets for waves 2 and 3 are shown; the other waves should be updated later.
This stock follows BTC price movements. Currently BTC analysis shows a similar behaviour.
I am not a financial advisor and this is not financial advice. It is a potential scenario or opinion. Invest at your own risk and do your own research.
Love The Upside! - Fortuna Silver Mines Inc <FSM>Going into the Earnings report on August 11th, I think we will have a great bullish swing with tons of upside, ex. going from 4.10-ish to the 5.90 level at a minimum, and potentially even higher depending on the news.
The company has been struggling in the last few years yet now is dishing out a ton of positive news about their ventures and the scale of their operations. Quarterly financials show that they are looking to have stronger financials than they have in the last 3 years... I think this offers a lot of growth for an otherwise currently undervalued player in the space!
If the results however are much more negative than expected, I could imagine a lowering down to $2.85-ish at the lowest, before we will hopefully get a lot more support for another bullish move back to current levels and beyond, perhaps around $5.00.
Either way, if you are looking for a nice little swing play with the potential for a 20-50%-ish upside depending on the outcome of the next earnings report, and also don't mind holding for a few months to see where we go, then this opportunity is likely to be for you!
$FCC perfect bounce on the edge of the Arc.First Cobalt just proved the validity of the arc with a nice bounce out of a bullish pennant. We could be looking at a quick 3 bagger here.