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Miningstocks

SCAM idea from borker??Apparently I received a call from a broker today who insited on me buying this CDE stock at 3.48 USD (price they expect to get during today's session). This company is supposed to have just signed an important contract that will make the price go to 5 or even 6 USD within 3 months. Maximum loss they expect is 15%. Apparently more than 30 analysts from this company agreed that the stock can only go up. No doubts. The whole thing sounded so much like The Wolf of Wall Street movie so I just decided to listen to what he had to say for fun. I would never put money over the phone under these circumstances so I decided to test his idea here instead. Profit 1 at 5.00 USD Profit 2 at 6.00 USD Stop Loss at 2.95 Deadline: 3 months Let's see how bad of a scam it was!
NYSE:CDELong
by sergidown
4
S&P 500 versus GoldThe 1.5-year-old declining resistance line (magenta) has proven too strong for the 4 year rising support (blue) which was broken just last week due to the record drop in the US indices. The drop was due to a combination of a market that had been overzealous and priced to perfection in an increasingly deteriorating economic environment. The coronavirus certainly added fear to the markets as it is looking increasingly likely that the service sector globally is going to get hit pretty hard in the coming months. This break-down of a 5-year consolidation, especially with an initial fake breakdown and fake breakout attempt, appears to be hinting at gold outperformance over stocks over the next 12-24 months. The ratio needs to continue putting in lower highs and lower lows to validate the gold>SPX thesis. Central banks response to the carnage in stock markets is going to tell us a lot. How stocks and gold respond to the shift in monetary policy will also be extremely valuable data. I want to stress that with this SPX to Gold Ratio, SPX/XAUUSD ratio, is that we don't know if this pattern is going to break higher or break lower. Breaking higher into a hyper mania similar to 2000 Dotcom is still possible, the next few months will be telling us, but it's also possible we're near the limit that this current stock bubble can maintain. Rates and economic growth were a lot higher in the 90s which you could argue enabled/justified the massive overvaluation. And by many measures (not at all) the current markets are the most overstretched that they've ever been. For example value versus growth is the most skewed its ever been in favor of growth. Commodities are basing at 40-year lows. The gold mining sector versus their own product is the most undervalued it has ever been. If you think gold has the potential to rise 20%, 50%, 150% or more in the coming 1-5 years, then a position in both the metal and the mining sector is a no brainer. Utilizing funamdental and technical analysis we can find the best companies and make timely and strategic purchases over time. Your odds of making a profit are better when you buy something when it is cheaper than normal. Everyone's piling into what's done well for the past several years - that's classic momentum investing and can cost you dearly if we're near a significant top in US indices. I much prefer buying things when they're on fire sale. Be watching how central banks respond and how gold and spx respond to the central banks. This multi-year triangle consolidation is coming to an end and when these triangles breakout in a direction, it is not uncommon for it to be followed by extremely volatile moves in the direction of the breakout that can last for years.
TVC:SPXShort
by Ludwig_Von_Mises
2
Nordic Mining $NOM.OL is one to watch for 2020Nordic Mining prepares for lift-off There hasn’t been a greenfield development of a mine in Norway for between 30 and 40 years but Nordic Mining is looking to change that via construction of its flagship Engebo rutile and garnet project. www.mining-journal.com Nordic Minining OSL:NOM just presented their Definitive Feasibility Study for the Nordic Rutile project at Engebø, Norway. Once financing falls into place for this up and coming mining company, this stock should be a buy and own asset for the next decade. Exercise extreme caution in the short term. Engebø Rutile and Garnet The realization of the Engebø project will establish Nordic Mining as a long term supplier of high grade rutile and garnet products. www.nordicmining.com
OSL:NOM
by savepiginvest
Gold Miners - SPX500 Ratio: Opportunity of a LifetimeAs you should know, ratios are measured from 0-1. The Gold mining sector hit its all-time high in 1984, registering a 0.9 on the ratio. An individual company can go to zero, but an entire sector like metals cannot unless humanity gets wiped out. The mining sector is the closest to zero it has ever been. The last time it was this low was when gold bottomed in the year 2000 and the ratio bottomed at 0.03. Currently, the ratio sits at 0.025. I couldn't figure out how to make tradingview show additional decimals. In 2011 the ratio hit 0.2. That move from 0.03 to 0.2 from 2000-2011 was a roaring bull market in metals. In the next chart, I'm going to publish, you will see that not only is the gold mining sector the cheapest it has ever been versus the US stock market, it is also the cheapest it has ever been versus the price of gold itself. For those paying attention, the opportunity in precious metals is right now. A lot of investors right now are suggesting to sit on cash in preparation to buy a crash. In my opinion, the cash you should be sitting on is metals, not dollars. The mining sector is a long-term hold in my eyes. I also see intermediate profit opportunities in swing trading the metals in the 6-12 month TF.
TVC:XAULong
by Ludwig_Von_Mises
1
AXM.V -- $47M mcap play with a proven $900M+ GOLD depositAXM.V should be on the radar of every #gold investor. $47M mcap company with NI-43-101 compliant resource worth $700M+ USD in the Central African Republic and other promising projects in Africa. Rapidly improving security situation and recently announced strategic partner point to a major opportunity, imo. Bullish MACD cross on the daily chart, bullish RSI/Stochastic following a gap up on the Strategic Partnership LOI announcement. The line "First Strategic Partner" in the latest news release seems to indicate that more material developments are on the way.
ALong
by wealth_bakery
1
BARRICK FINALLY TURNS AROUND! SOLID EARNINGS! STRONG BUYROCK SOLID EARNINGS REPORTED THIS MORNING Barrick Gold (GOLD) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it was expected that this gold and copper mining company would post earnings of $0.10 per share when it actually produced earnings of $0.15, delivering a surprise of 50%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Barrick Gold, which belongs to the Zacks Mining - Gold industry, posted revenues of $2.88 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.84%. This compares to year-ago revenues of $1.90 billion. The company has topped consensus revenue estimates two times over the last four quarters. Great Job Mark Bristow, CEO
NYSE:GOLDLong
by UnknownUnicorn3159981
SQM BUYBuy signal at 30.25 $ Timeframe - 1 week. Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals. It's interesting for me due to mining of Lithium. Which is used to create batteries. If you want to see more history of this strategy, I will able to show you if you request me. __________________________________________________________________________ You can use the signals independently or like indicator of trends together with other indicators in your trading strategy. Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies. You use these signals inside your strategies at your own risk. The chart shows the last trades on the product + the last signal. I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile. Therefore, subscribe and watch for that profile.
NYSE:SQMLong
by price_and_time
XAUUSD - LONG TERM VEIW Gold continues to push higher in its current bull trend with all indicators pointing upwards, apart from the RSI which is slightly overbought but this is gold we are talking about... I am looking for buys but we have some tough resistance building up on the way up. Some more bad news should lead us through that area - possibly today's FOMC but keeping an eye on geopolitics This is a long term view but I will be looking to buy dips and wick fills following the bull trend. Stay Green!
FX_IDC:XAUUSDLong
by zone_to_zone
AUY: Another Channel Trading Gold StockSimilar to a few gold stocks , AUY just keeps treading water. I'm looking for these gold names to start moving (in one direction or another at least). If they finally break down, I can stop watching. But something tells me with the slower growth in global economies, it might not be time to ignore gold right now. Obviously we'll see but for the time being, can AUY actually set a firm push above this channel in the near term? QUOTE: "Its Jacobina site posted record quarterly production of gold as well as all-time-highs for full-year production. The company will release its full financial results after the market close on February 13 followed by a conference call on February 14. Will this be enough of a carrot to dangle in front of gold-stock investors between now and then?" QUOTE SOURCE: Are These Gold Stocks Ready To Breakout In January?
A
by PennyStocks101
Why I am shorting Sandvik [SAND] | Technical AnalysisFor you who would like to check the company out more in dept: www.home.sandvik §1 Fundamental blah blah §2 Position and forecast §3 Technical summary §1 Fundamental blah blah Sandvik is a Swedish company which is well diversified troughout the mechanical industry. They make things like: Ceramic metal cutting tools and tool holders Mining equipment CNC machines (computer controlled metal working machines - Computer numerical controll) Special alloys Induction heating elements (for heating special tool holders which require heating to change tools, hard to explain) I think sandvik is a great company, but at the price it's at today, I don't think big investors are going to look at buying more stocks, not only because of market fear (which there is undoubtedly a lot of)... But I also think most of the big investors are looking to exit their positions around this mark as it was the last high, and a very significant one at that. §2 Position and forecast My current position is short from - price is currently so it hasn't really moved since i put my short on. I think there is quite a big possibility that price will drop within the next week, if not it will likely consolidate until the market gains bullish momentum again. §3 Technical summary Bearish divergence on the RSI Price is at significant resistance Price met trend line resistance and resistance at and fell to previous support, until price breaks 182.50 level my stance will be bearish.
OMXSTO:SANDShort
by DonBboy
HL At Key Technical Level, Now What?COMMENTARY Chart clearly shows this as a historic level of support and resistance for the penny stock . The last few times HL tested the level, it failed to break above it. Right now, it's trading right at this level; not quite breaking above but not breaking down either (yet). I think we're going to need to see gold pick up some steam for it to get over the hump from a technical perspective IMO. QUOTE "Shares took a 2-week break from Hecla’s second-half run in 2019. However, on January 14, Hecla stock began to return to its bullish trend. The stock jumped from $2.98 to highs of $3.18 just after 11:30 AM EST. This week, analysts from RBC raised the price target for the stock from $1.90 to $2.75. However, RBC maintained its “Underperform” rating. This came just a few days after analysts at CIBC upgraded Hecla from “Underperform” to “Neutral.” The firm also boosted its price target from $1.75 to $3.75." QUOTE Source: Top Penny Stocks To Watch Right Now; 1 Up Over 100% Since November
NYSE:HL
by PennyStocks101
EGO: Best US-Listed Gold Stock To Watch In 2020?It was #2 of the top 4 best gold stocks to watch over the last 52-weeks. But compared to #1, which I wrote about on another board, I think the progress it has shown makes it stand out right now. Increased production, big potential reserves, etc. Something to keep in mind especially if the turmoil continues. "RBC Capital recently initiated coverage on the gold stock. The firm rated it at “Underperform” and set a $6.50 price target. In November Eldorad updated its reserve and resources statement. This showed total proven and probable reserves of 384 million tons at 1.32 grams per ton of gold, containing 16.4 million ounces. Inferred resources at its combined properties – Perama Hill and Perama South – also increased by just under 760,000 ounces of gold." Source: What Are The Best Gold Stocks? 4 Names To Know Right Now
NYSE:EGO
by PennyStocks101
SBGL Continues To Boom But Why?I'm not complaining but lower production guidance and analyst downgrades aren't adding up in my opinion. But yet it was the top-performing gold stock over the last 52 weeks. Anyone have more insight on this that I might have missed? "Furthermore, it guided its full-year U.S. PGM production would come in between 590k-610k. This was actually much lower than it had previously guided. But despite these results, the stock has managed to move even higher...Investec Asset Management Proprietary Limited has increased its total holdings from 4.9599% to 5.3343% of the total issued shares of the Company." Source: What Are The Best Gold Stocks? 4 Names To Know Right Now
S
by PennyStocks101
FMC Take-ProfitSell signal at 99.05 $ Timeframe - 1 week. FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. __________________________________________________________________________ You can use the signals independently or like indicator of trends together with other indicators in your trading strategy. Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies. You use these signals inside your strategies at your own risk. The chart shows the last trades on the product + the last signal. I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile. Therefore, subscribe and watch for that profile.
NYSE:FMC
by price_and_time
The Market is Severely Underestimating Inflation ExpectationsThe Repo market is proof that something is wrong with the system. It's an unsustainable system. Rates need to stay low and money needs to be printed in order to sustain this bubble - eventually this will create an intolerable amount of inflation. As the market realizes that QE isn't temporary, that it is permanent until inflation is out of control, then inflation expectations will shift as people move into hard assets. While everyone's still talking about overpriced SPX and NDX, I'm bargain hunting in the metals market Platinum is insanely cheap and looks poised for a surge. Platinum follows gold. Gold is broken out and headed towards $1700
TVC:PLATINUMLong
by Ludwig_Von_Mises
3