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ORE

ORE Impulsive Spike Above Accumulation ZoneORE is a POW token on Solana that launched in April, which aims to make mining accessible to anyone. The highly experimental concept congested the Solana network so much that mining was shut down after a couple weeks. In August mining started again after enough optimizations were made. I would suggest doing more research by going to their site and twitter. The price has had very wild fluctuations so far, but has steadied recently. On September 13th the announcement of Regolith Labs was made, which will be the developer studio for ORE. This caused a massive surge, pushing the price above the trading range it's been in for nearly a month. I think this 50-80 range could be a generational accumulation zone. Long term this could go parabolic. And you can obviously start mining it as well to earn more.
Long
by NoLimit_777
62 Fe Iron Ore Outlook for Australian Iron Ore62% Fe CFR Iron Ore continues its bullish trajectory, closing in on USD160/tonne. The futures markets show a continued bullish trend. Chinese News China announces a 5.5% economic growth target for 2022, down from 6% for 2021. Premier of the State Council for the PRC, Li Keqiang, stressed the priority of 'economic stability' for 2022. In addition to this, the Premier announced that Covid-19 controls will be adjusted as needed to facilitate economic growth priorities. As the Winter Olympics have now wound down, steel production caps are gradually being eased and should continue over the next coming months. These are all bullish signals for Iron Ore prices. Russian/Ukraine Conflict The Russia/Ukraine war is not expected to cause any significant impacts on iron ore supply on global markets, accounting for less than 40million tonnes of production annually. Australian Local News Weather As Australia is still in the backend of tropical cyclone season, there is a possibility of disruption to normal shiploading activities at Pilbara ports, which could have a short-term negative impact on supply. COVID-19 Western Australia has opened their hard border to other states. This will help with the labour constraints that have plagued many Australian Iron Ore (IO) producers over the last 18 months as there were significant hurdles to obtain skilled/specialist labour to assist with both preventative and corrective maintenance outages across mining sites in the Pilbara. Ideally, over the remaining fiscal year, we should see increased reliability in output from mines and Ports and adherence to output schedules. Long-Term Outlook for Iron Ore Chinese regulators have flagged speculative trading and excessive stockpile hoarding of commodities including IO as the reason for exorbitant prices seen over the last 18 months as opposed to actual demand seen from steel mills. It is rumoured Chinese regulators will look at consolidating the fractured steel production market in China through mergers/acquisitions in a bid to increase bargaining power when it comes to raw material purchasing. Given the 2022 goal of 'economic stability', this does seem like a necessary strategy for China to guarantee fair prices for their major inputs for economic growth. Consolidating the local steel production market to match the high market concentration of Australian IO producers would theoretically allow for better prices for Chinese purchasers. However, given the soured relationship between Australia and China over the last 24 months, it is unlikely the Australian government will take to this kindly, as commodities prices over the last 18 months have delivered record taxes and royalties to Australian governments and essentially kept their economy alive since the COVID-19 pandemic began. In response, in the wildest scenario, we may see Australia back a cartel formation amongst the major IO producers - BHP , ASX:RIO , ASX:FMG - as a way of securing their own economic security.
ASX:BHP
by MAXiot
Franco Nevada - Bullish Breakout TradeStrong Financial Position No debt and $1.6 billion in available capital as at September 30, 2021 Generated $206.9 million in operating cash flow for the quarter Quarterly dividend of $0.30/share Sector-Leading ESG Ranked #1 gold company by Sustainalytics, AA by MSCI and Prime by ISS ESG Committed to the World Gold Council's "Responsible Gold Mining Principles" Partnering with our operators on community and ESG initiatives Goal of 40% diverse representation at the Board and top leadership levels Diverse, Long-Life Portfolio Most diverse royalty and streaming portfolio by asset, operator and country Core assets outperforming since time of acquisition Growth in long-life reserves Growth and Optionality Acquisitions, mine expansions and new mines driving growth 10.1 million ounce increase in Measured and Indicated Mineral Resources at Detour Lake Long-term options in gold, copper and nickel Noront consolidation likely to accelerate development of Ring of Fire properties 39.78x Price to Earnings (PE) ratio = too much FNV (CA$178.55) is trading above estimated fair value (CA$144.54) Technicals Found decent support and has carved out a bull flag. If we get decent volume on a breakout to the upside , the fib extension targets are the most logical levels to look for.
NYSE:FNV
by TH_Analysis
Karora Resources nudging up to the highsVox Royalty delivered great Q3 results today, thanks in part to the Karora Resources operations. TORONTO, CANADA – November 2, 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 preliminary quarterly royalty revenue of C$1,558,800 (US$1,223,400)(1) for the three-month period ended September 30, 2021. Quarterly revenue benefitted from record royalty-linked gold production by Karora Resources Inc. (TSX: KRR) from the Hidden Secret and Mousehollow deposits at Higginsville covered by the Dry Creek royalty and record royalty-linked iron ore production volumes by Mineral Resources Limited (ASX: MIN) at Koolyanobbing, and consistent royalty revenues from each of the Company’s Janet Ivy gold royalty and Brauna diamond royalty. Royalty revenues relative to Q2 2021 were in line in spite of a significant reduction in realised iron ore pricing at Koolyanobbing. From www.karoraresources.com HIGGINSVILLE GOLD OPERATIONS OVERVIEW Owned and operated by Karora Resources since June 10, 2019, the Higginsville Gold Operations ("HGO") is located approximately 75km south of the Beta Hunt Mine in Higginsville, Western Australia. The operation includes a 1.4Mtpa processing plant, 192 mining tenements including the Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge, and Mount Henry deposits. HISTORY Avoca Resources Limited (Avoca) initially purchased the Higginsville exploration assets from Gold Fields in June 2004. The Trident underground deposit, historically the largest deposit at HGO, was discovered by Avoca in 2004 with mining commencing at the deposit in 2007. In April 2007 Avoca raised A$125 million to commission a new process plant facility at Higginsville. In that same year, Avoca purchased the neighboring Chalice deposit from Chalice Gold Mines Limited. Gold production began in 2008 with the first gold pour on July 1, 2008. Alacer Gold Corporation, a wholly-owned subsidiary of Alacer Gold a company incorporated in Canada, acquired HGO after it merged with Avoca Resources Limited (Avoca) in 2011. On October 29, 2013, Alacer Gold Corporations completed the sale of its Australian Business Unit, which included HGO and its assets, to Westgold Resources Pty Ltd who was a wholly-owned subsidiary of Metals X Ltd at that time. In July 2015 Metals X acquired the Mt Henry Gold Project from Panoramic Resources Ltd and Matsa Resources Limited. On December 1, 2016, Westgold Resources Limited demerged from Metals X Ltd. Avoca remained a subsidiary of Westgold Resources Limited and was part of the resultant demerger. Karora Resources acquired HGO outright on June 10, 2019, from Westgold Resources Limited. GEOLOGY Higginsville is located almost entirely within the well-mineralized Archean Kalgoorlie Terrane, between the gold mining centers of Norseman and Saint Ives. The Archaean stratigraphy has a general northward trend comprising multiply deformed ultramafic – gabbro – basalt successions adjoined by sediments to the west and east. Shearing and faulted contacts are common. The units have been structurally repeated by east over west thrust faulting. The majority of gold mineralization projects along the Trident line-of-lode and is hosted by Poseidon Gabbro and high MgO dyke complexes. Mineralization is hosted within or marginal to quartz veining and is structurally and lithologically controlled. Higginsville is also host to significant palaeo channel mineralization. Mineralized zones comprise both placer gold, normally near the base of the channel-fill sequences, and chemically-precipitated secondary gold within the channel-fill materials and underlying saprolite. These gold concentrations commonly overlie or are adjacent to, primary mineralized zones within Archaean bedrock. MINING Currently, Karora is mining from two open pits at Higginsville: the Baloo and Fairplay North open-pit mines. MILLING Processing is conducted through Karora Resources' Higginsville processing plant.
K
by TH_Analysis
$CLF earnings analysis*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My teams still holding $CLF shares from our three entries at $13.27, $18.06, and $20.60 We are not planning to sell anytime soon...In fact we have actually removed our original take profit from this trade in anticipation of the bright future this company holds. Earnings are expected to be released premarket on 10/22/2021. We're not huge fans of the current chart set-up from a technical perspective, but looks can sometimes be deceiving. Either way we're not selling our shares. If you do not have any early entries on $CLF my team highly recommends that you proceed with caution...but if you do then just sit back, relax, and enjoy the show. In the long-term we have absolutely nothing to worry about the way things currently stand. Good luck to all. If you would like to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CLFLong
by SimplyShowMeTheMoney
Gold Builds Up As Hyperinflation Risk RiseInflation is the term that indicates rising prices for goods and services in an economy, while rapid and out of control rising of prices indicates Hyperinflation . While following the rapid increase in prices of commodities and metals such as Lumber LBS1! and Iron Ore TIO1! , it is accurate to say that global economy is being driven to Hyperinflation due to mismanagement of economical struggle caused by Covid-19 Pandemic. Gold offered and offers strong potential for gains in economic struggles and even after economic recovery occurs, given how undervalued at this time relative to high prices of commodities. Taking all these fundamentals into consideration combining with technical analysis, Gold price does not reflect its value. You may see my long position strategy below and on the chart, Entry Point: 1870.00 1st Target : 1950.00 2nd Target: 2075.00 3rd Target: 2180.00 Stop Loss : 1800.00 Thank you and stay tuned for more strategies! Please leave a like and comment what you think. Trade safe and have a nice Monday
FOREXCOM:XAUUSDLong
by gorkemaydogan
ORE.ASX weakness may continue through $2.20Hello Fellow Trader! ORE.ASX - Lithium producers have been some of Australia’s favourite stocks for several years supporting the worlds change turning to renewable energy in the battery space lead by Elon Musk and Tesla. Last weeks Tesla Battery Day was hyped up to be an extremely positive presentation that would skyrocket lithium back into the Australian headlines. Sadly, Elon mentioned how Lithium is not scarce and they have also found ways to extract the commodity from the ground using salts in a more environmentally and efficient way than any other producer. This signaled panic and hinted a disconnect from the Australian lithium market which include ORE. Overnight, Albemarle Corp and FMC Corp (two of the largest lithium producers on the New York Stock Exchange) fell between 2.5 and 2.8 percent. Key Points: - Price holding below the 200 EMA - Price holding below the 50 EMA - Consolidation below prior range low - 50 EMA and 200 EMA may cross supporting further downside. Key Levels: Support – $2.20, $1.83 Resistance – $2.65, 200 EMA, 50 EMA Entry Zone: Optimal entry provides the greatest reward to risk ratio while supporting entry is a zone for reversal signals. Optimal Entry – $2.54 Supporting Entry – $2.49 Candle Reversals for entry - Bearish Shooting Star - Bearish Engulfing - Bearish Dark Cloud Cover The Risk: As traders, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios. If you are not comfortable with defined exit levels, experiment with Moving Averages to help set solid exit rules to protect your capital. IF: Price breaks above $2.69 level and violates 50 EMA – this would suggest the structure is not in our favour and would be wise to reduce exposure or close the trade until a solid signal gives us reasons to re-enter. Reward / Reward Targets: Optimal Entry $2.54 – Target 1 $2.20 = 3x Reward to Risk Supporting Entry $2.49 – Target 1 $2.20 = 1.5x Reward to Risk
OShort
by tradetheday
$JSEKIO Kumba could reverse soonKeep a close eye on Kumba Iron ore around current levels. Two important inflection points are of interest to me: (1) The stock has been quite sticky around the 200 day moving average (green line) in the recent past. The 200 day moving average often becomes support and resistance for the stock. (as indicated by the green blocks) Currently the stock seems to be consolidating around the 200 day moving average and i would expect a top to form around these levels. (2) Most importantly, the declining trend-line joining the tops since July 2019 comes in at these levels. Stock is currently resisting off this trend-line. In addition, volume has tapered off on the rise which doesn't instill to much confidence in the move higher. The Relative Strength Indicator has not managed to break above the RSI 63 level since October 2019 and is also currently resisting once again. Putting all of the above together, I would favor Kumba Iron Ore retreating from current levels. Look to short between R370-R380, using a stop loss as a close above R390. Target on the downside: R305.
JSE:KIOShort
by MarcoOlevano
1
Iron ore futures contracts have reached two-year highsIron ore futures contracts have reached two-year highs  driven by a dam collapse at a Vale mine in Brazil. The work of the mine was suspended, which affects the volume of supply in the market. Such an accident is difficult to fix in a short time, and the market agrees. We see it in the prices of long term futures contracts. Since the accident, the rise in the value of futures contracts amounted to From 18% to 24% on the NYMEX From 10% to 15% on Dalian Commodity Exchange in US Dollars
I
by atomoxod
$ORE.ax ready for a rally off supportGood price recovery with bullish candlestick strength over half decent volume. Price bounced off long term support level with the ability to have a very tight stop. Risk reward ratio is very good at this level. MACD and STOCH are oversold and the downward momentum is weak with OBV indicator. Heiken Ashi charts have gone green and all confirmed with an inside fork. First target is upper resistance of ascending triangle pattern and next target is upper level of uptrending channel.
OLong
by crashman111