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RIOT looks to be falling again one last time RIOT looks to be falling again one last time before moving back up again. No real evidence just a gut feeling - is a long walk to the next earnings report but by then it will be too late. Buy the dips as we climb higher - people will put two and two together eventually, crypto mining companies make money when BTC jumps up. I will put in some buys from $3-$4 in 10 cent increments. These are my trading notes I have no formal education - I am an artist who likes to draw lines.
NASDAQ:RIOTLong
by altcoinnerd
CAN a mining company that should 50x when BTC lifts offCAN a mining company that should 50x when BTC lifts off buy before BTC breaks all time high. I set limit buys for $2.01 $2.20 $ 2.30 and a market buy just in case we never see these prices again. I imagine there will be a crash this fall in all market taking CAN with it for a day and then it will lift off. Once the market crashes people will realize that BTC and GOLD were the winners and pile in. This is just like my play in RIOT and MARA see links below.
NASDAQ:CANLong
by altcoinnerd
2
This nordic silver miner stock has underperformed bad vs silverSOTKAMO SILVER HIGHLIGHTS OF THE FIRST QUARTER 2020 Press release: Stockholm, 29 May 2020 9.45 CET Net sales was 91 MSEK (0) EBITDA was 8 MSEK (-11) EBIT was -11 MSEK (-14) Earnings per share was 0.03 SEK (-0.12) Cash and cash equivalents were 10 MSEK (33) Investments were 9 MSEK (88) The production was about 391 000 ounces silver, 998 ounces gold, 462 tonnes lead, and 958 tonnes zinc in concentrates Milled tonnes were about 129 000 and average silver head grade 110 g/tonne Safety measurement LTIFR was 10 The renegotiated secured bond of 13.2 MEUR strengthened company’s short-term cash position Comparative figures refer to the corresponding period of the previous year. CEO PAUL JOHNSSON At the end of the quarter Sotkamo Silver celebrates a year in production, but it has also been a quarter that has changed the world with the effects of COVID-19. Operationally Sotkamo Silver has not been influenced in the same way as many other industries. Our staff has so far stayed healthy and production and deliveries have been going on as planned. We processed 129,000 tonnes of ore and produced about 391,000 Oz of silver. The silver price has however dropped from levels above 17 USD/ Oz to as low as 12 USD/Oz and at the end of the reporting period stabilizing around 15 USD /Oz, which directly effects our revenues. The market environment has been unstable, and it has become clear that the future is hard to predict. Sotkamo Silver will continue the work that begun at the end of 2019; to optimize the production flows and seeking cost savings in order to be profitable in a world with volatile prices. We are on a positive EBITDA level but need to work harder to obtain a positive EBIT as well. The rights issue initiated during the first quarter was a success and was oversubscribed once completed in May. The funds raised from the issue will be welcome as cash reserve in these unstable times and will give a foundation for prolonging the life of mine.
OMXHEX:SOSI1
by savepiginvest
2
Lundin Gold INC to test 89 SEK resistance in 2020?Supported by higher gold prices I am beginning to believe that Lundin Gold Inc (LUG) will retest the resistance at 89 SEK within 2020. A new trend seems to be forming based on the June low and recent July low. I am placing my stop loss below the June low at 73 SEK. This is well below the new trend, leaving plenty of room for price variation. Lundin gold, being a gold producer is obviously highly correlated with the price of gold. Initial price target is 89 SEK but subject to revision should the price of gold stabilize itself above 1800 USD per ounce.
OMXSTO:LUGLong
by UnknownUnicorn3806802