50% Fib retracement level$NOVR Nova Royalty sitting on 50% fib retracement level and also at Ichimoku Cloud support. I think it is a good entry point for loge term commodity bull market. #Copper #Nickel
Royalty
Nova Royalty Corp, copper and nickel royalties for EV boomI like the macro setup for this new copper and nickel royalty company. I'm in at $2.78 with a stop loss at $3.04.
Experienced management and board members from Metalla Royalty & Streaming (NYSE: MTA, TSX-V: MTA)
Copper and nickel are both expected to be in critical deficits by 2025 or sooner
Annual nickel demand from EV batteries is expected to grow 20x by 2030
Royalty companies are a great business (e.g., gold royalty companies outperform gold and gold mining companies)
Peter Schiff mentioned Nova Royalty is one of his largest personal holdings on his podcast
Here's their latest investor presentation: www.novaroyalty.com
Uranium Energy Corp : Resistance & Trend AnalysisPrice must break above blue line to maintain momentum.
FNV: One of the Best Long-Term Gold PlaysMany investors would look at the ticker price of this stock and run away, however, this is one of the best performing "senior" stocks and has an incredible balance sheet, management and speculative future.
One of the biggest advantages is they are a royalty streaming company and not just in gold but also other platinum metals, gold, silver, oil, gas and other sectors (i.e. excellent diversification). They don't actually "mine" which reduces their overhead and long-term risk that mining brings.
This is an excellent bet to stock up pre-earnings as there is a 95% chance they blow past their expectations. Their dividend stock is also excellent (relative to the sector).
Once Gold starts to re-rally in the next few weeks to months this will be a highly prized stock and easily top its ATH of ~$134.00. Although a long way out (3 years), through deep charting and analysis this stock should top 300.00.
For those looking for a junior company, another excellent royalty streaming company is MTA (Metalla).
- zSplit
LONG TERM Gold Trade Royalty CompanySandstorm Gold is a LONG TERM trade I have entered. Sandstorm Gold is on track to hit $100 Million dollars of annualized revenues in 2020 with more mines coming online. I am HODLING for the long haul. Of course with some loose stop losses once I am in some good profit. I think we can see 2x gains over the next year, unless the Gold price gets destroyed or their are major problems with their mines. This is a good one for my 401K and wanted to share before it breaks out.
San Juan Basin #Royalty #Trust ($SJT) #Dividends Extremely undervalued royalty trust (MC ~ $100 million) which has a dividend yield of almost 12% p.a!
Buy signals @ 1W TF (also confirmed by 1M TF)
- RSI hit 23 and is bouncing upwards
- MFI@8
- StockRSI slowly turning bullish
- MACD will cross bullish soon
- Bullish W-pattern in MACD histogram
- WaveTrend oscillator generated a buy signal!
Heavy Entry between $2.12 - 2.35
TP1 @ 3.98
TP2 @ 5.33
I´m not a financial adviser. For educational purpose only!
CLASSIC ELLIOT WAVE TRIANGLE - MAJOR UPSIDE POTENTIAL#SLW - SILVER WHEATON CORP - NYSE. CLASSIC ELLIOT WAVE TRIANGLE ABC CORRECTION WITH MAJOR UPSIDE POTENTIAL
With the mining industry doing so well Silver Wheaton Corp is the largest pure precious metals streaming company in the world. Streaming / royalty stocks are greatly becoming the darlings of the commodity investment world. In the precious metals sector, this type of company provides financing for mining companies in the form of an upfront cash payment in exchange for a percentage of production or revenues from the mine.
Silver wheaton corp has performed well during the 2016 bounce in commodity prices along with a few other best known streaming / royalty companies in the mining space Franco-Nevada Corp, Silver Wheaton Corp and Royal Gold Inc. These stocks have all performed well offering leverage to the underlying move of the metals. For example, while gold and silver are up around 20% year to date, the three stocks mentioned above are up 45-55% in the same time period.
#SLW Upside potential to me this pattern looks to be an ABC Correction with uptrend to follow, the stocks anticipated growth is expected to be driven by the Company’s portfolio of low-cost and long-life assets, including precious metal and gold streams on Vale’s Salobo mine and Hudbay’s Constancia project.
