Get started

Mining

GSPR.V - One of the best risk/reward in CopperAt $4.9M mkt cap with 17M float, I believe GSPR offers one of the best risk/reward in the junior mining space: - tight share structure with 25% held by insiders - 28% discount to just closed .40 financing ($500M) - high grade past producing Copper mine - adjacent to Teck Resources' Highland Valley Copper open pit operation - Copper prices are surging to multi-year highs: www.mining.com - Low volume drop was caused by IPO broker warrants that expire next week - Bounced off current support line 3 times since July; two gaps above at .31 and .35 - Strong pickup in Accumulation on retrace - Assays from high grade #Copper project in BC are pending.
TSXV:GSPRLong
by agstockpicks
GOLDMINING INC (GOLD) Ready for Next Rally? (+34% Potential)Hello fellow traders, Today we are looking at the daily timeframe for GOLDMINING INC (GOLD) on the TSX. As we can see, GOLD peaked around $3.85. It has since corrected, printing a double bottom at previous resistance, in between the 50/100 EMAs (yellow/pink). Prices have broken and are now trading above all EMAs. The RSI has increasing fast, and the MACD has just given off a bullish cross. Additionally, we have increased volume coming in with prices moving up. All of these signals are bullish. The key levels to watch here around $3.40 and $3.60, past which, prices can easily jump. On the chart, I have marked the three likely paths using arrows that prices should approximately follow. Depending on the level of resistance ahead, primarily at the $3.60 level, prices may either jump or correct back down and continue trading in this wedge. A potential entry zone now would be $3.10-$3.35, with a second entry around $2.75-$3.00 if prices break down to the next support level. An immediate target would be at them most recent highs, around $3.80 (+14%). A breakout past the most recent high could launch prices up to the 1.618 Fibonacci level, at around $4.50 (+34%) in the short-to-mid term. A stop loss could be placed in the $2.50-$2.60 range to be safe, however I am not using one as of yet because my entry was at $2.94. Keep your eyes on this one! Let me know your own thoughts and comments down below. Remember to leave a like if you enjoyed, and check out my profile for more stock and cryptocurrency trading ideas. Thanks for reading! Price at writing: $3.24
TSX:GOLDLong
by PS_TopDollarInvestments
5
#BHP - 1D Timeframe - US ELECTION OPPORTUNITY - WIN-WIN?POLITICAL AND MARKET CONTEXT Specialized on silver production that is a basic raw material of photovoltaic solar panels. Renewable energy consumes up to 30% of world silver production. If Trump wins, price of metal might still rising due to his monetary (inflationary) policies. If Biden wins, BHP will be a huge player as a raw material supplier of a possible boom of Solar and renewable energy TECHNICAL ANALYSIS. 1D TIMEFRAME. Historical support on $46.80 - $47.70 range. 4 clear rebounds on this level over last 15 months (yellow rectangles). March´s COVID-19 meltdown was the only time that this support was broken. Last week this price range was tested again and showed quite strong even with a high seller volume . This time we've got MA200 assisting as double support just above Fibonacci´s 0.382 level. Strategy: Monday and Tuesday sessions are crucial to confirm rebound on support pointed out. Specially with the high volatility and bear forces we might expect for this week. If price resist this level and cross MA200, we´ll be able to open a long position with a target of $58.55 (+21.5%).
NYSE:BHPLong
by aoberninger
G88 gearing up for some big moves anytime before Christmas GoldG88 is riding above the well respected 100SMA after crossing above for the first time in July this year for a long 2 years. I see this ascending triangle ticking along until Dec 31 at the latest but with XAUUSD Gold price movement lately this move could come a'lot sooner. Option 1 - G88 keeps riding the upward trend until popping through the 9c resistance. From there on I expect 13c will be the first stop. Option 2 - We get a rejection and fall below the rising trend and drop down to test previous 5c support. Accumulating a healthy holding of these guys but making sure to keep a tight stop loss set. Markets are volatile at the moment... Plenty of money to be made but make sure to secure you're profits and not get too cocky.
ASX:G88Long
by XXXXGoldHunter
1
PAN Cup and HandlePanoramic Resources Limited (ASX:PAN) is a base metal mining and exploration company headquartered in Perth, Western Australia with a 20 year history of mining and expertise in nickel, copper and cobalt sulphide projects. Is PAN ready for a Cup and Handle Breakout? Technical Analysis as below. Bullish: Cup an Handle Formation Bullish Market Structure Trending above the 20MA RSI trending above the 50 level Cup & Handle target aligning with other targets TB Fib Extension Final Target aligning with other targets Fib Retracement .382 aligning with other targets TB Fib Extension Target 1 looking achievable on the break Bearish: 2 levels of support are indicated if we fail completion and reject off resistance. Exciting future for all Nickel mining operations as global demand will increase due to its uses such as Batteries and other Electrical Apparatus. Watchlist worthy. Disclosure: Held. Sentiment: Bullish. "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
PLong
by Trader_Johnni
1