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AR LONGDue to funding the "Magino Project", $500M in financing, AR is trading in the pennies. The "Magino Project", is now fully funded, and 70% complete. I performed an asset valuation on AR's mineral reserves and mineral resources proven and probable data, the results were.. 303,000,000.00/tonnes * .71/grade / 31.1034768(gram-ounce conversion) = 6,916,590.109308937/oz 6,916,590.109308937/oz * (1860 - 1200) = US $4,564,949,472.143898 5th of December 2022, AR entered into a binding agreement to sell Ana Paula and option the San Antonio Project. Heliostar is to pay US $10M to AR at closing, with additional payments, plus an option agreement in accordance to price of gold, and 2% NSR royalties. "Magino Project", is currently constructed to crush approximately 10,000/tonnes of ore per day, and rumors are in near future "Magino Project", will be capable of crushing 40,000/tonnes of ore per day. "Magino Project", may also include underground mining in near future. AR has a limited time GOLD hedge at $1860. The "Magino Project", will transform into a low cost intermediate producer in near future. AR optimistic average AISC is $1200. AR has the potential to boost production to +500,000/oz annual, or $930M annual revenue, and $0.4125 annual EPS. Currently, with the "Magino Project", estimated production capabilities 10,000/tonnes of ore per day at 1.15/grade cap, or 134,952.7587218159/oz annual production cap. Using AR's annual GEOs record of 244,156 + 134,952.7587218159 = 379,108.76/oz annual production, or 705,142,291.22M annual revenue, and $0.3127647259454981 annual EPS. Using AR's neighbor "Island Gold", to reference future expectation for the "Magino Project", AGI is forecasting 287,000/oz annual production at "Island Gold", upcoming 2026. Gold is bullish. Banks are forecasting GOLD to $3000/oz. GOLD is a reserve currency, and banks are significant holders of GOLD. Central Bank GOLD reserves are at their highest level since 1990. GOLD will be very attractive ultimatum for US investors. 10 year treasury note yield is a proxy for fixed rate mortgages. High yields attract investors, but US cannot afford the TNX to rise, or else mortgage bonds will become worthless, which I believe is already happening. In turn, US will be obliged to decrease inflation, yields/bonds will drop in value, chasing away investors, and decreasing value of DOLLAR. US investors will flock to "Safe Haven", GOLD. AR has seen a significant increase in insider buying since AR hit $0.45, James Kofman +724,272, Brian Arkell +351,773, Phillip Radford +175,211, and Scott Richard +2,173,500. "Insiders", are holding a total of 3,424,756 AR shares, insider sentiment is projecting "AR is bullish". I will be adding to my long position on dips/retracements. LONG targets on fib extensions 2 - 2.618, if AR surpasses these levels, I will be looking for old highs, $9 - $11 range. Presently, I am looking for lows and retracements to add to my LONG position, as AR's February earnings report is estimating negative eps. I personally, will not be setting stops.
ALong
by WolseleyFund
1
DOL: signs of upside exhaustionsDollarama steadily rising trend seems to have stalled since Aug 2022 when stock price struggled to move above 83.5. Although the long-term bullish trend still is intact, however some signs of upside exhaustions indicate the possible downside risk toward a range between 73 and 75.4. Dollarama’s stock price is currently trading above 200-day moving average which suggests the long-term sentiment is not bearish; however, as stock has started to show some sings of weakness the risk of a downward move within the first quarter of 2023 has increased. A resistance zone ranges from 83.45 and 86 while supports are seen around 75.4 and 74.1. At current level Dollarama’s stock price offers a poor risk-reward given our base case scenario of 79.4 and 85 for March and Dec 2023 respectively. If price falls between 75.4 and 73, it would offer 10 to 30% upside potential while the downside risk is estimated to be around 10%.
TSX:DOL
by Quantific-Solutions
3
Canopy Growth: Ball Drop 🪩Just like the Ball in Times Square every New Year's Eve, the Canopy Growth stock is currently dropping it low. We expect the course to dig deeper into the blue trading area between C$3.49 and C$0.70 until it finishes the grey wave II. After completion, we're expecting the course to rise further North in the longterm. In our alternative scenario, the Canopy Growth stock course might exceed the C$5.55-mark already now, without pushing for further lows below the support line.
TSX:WEED
by MarketIntel
1
DAILY SECTOR WATCH🟢WEED STOCKS TOP 10 Teradyne Curaleaf Holdings Green Thumb Industries Trulieve Cannabis Corp Canopy Growth Corp Verano Holdings Corp Cronos Group Inc Tilray Brands Inc Cresco Labs Inc SNDL Inc 🔴CRYPTO COINS TOP 10 Bitcoin Ethereum Binance Coin XRP Dogecoin ADA Matic Tron Dot Solana 🟣INDEXES US30 S&P 500 FRA40 GER30 NTH25 ASX200 EUSTX50 JPN225 HK50 Banknifty 🔵SPACE STOCKS TOP 10 Iridium Communications Inc Ses Rocket Lab USA Inc Aerojet Rocketdyne Holdings Inc Viasat Maxar Technologies Eutelsat Communications Astra Space Inc Sats Planet Labs 🟤RETAIL FOOD STOCKS TOP 10 Kroger Company Albertsons Company Sendras Distribiduira S A Sprouts Farmers Market Grocery Outlet Holdings Weis Market Inc Ingles Markets Inc Arko Corp Companhia Brasileira De Distribuidao American Beyond Meat
CSE:GTII
by Honestcowboy
PNE Long-Term Bear Market starting within a few years?My Momentum Master indicator is showing extremely overbought levels on the Monthly, so when the red/white/green histogram falls below 15 it will signal the likely beginning of a tremendous bear market that could last 3-6 years overall. We can see what happened last time this signal occurred on PNE as indicated in my drawings here. Of course based on the previous high and higher high making an ascending resistance means there is more potential upside first.
TSX:PNEShort
by lysergik
1
BITF cyclical trade/investment (3-5 years)There a strong probability that the price can break lows $0.28 lows. But buying at these prices unleveraged is still great opportunity. In terms of sentiment on financial blogs and social media, most are wholeheartedly predicting the future demise of this stock. Personally, this exact same mentality surrounding this stock at its highs in terms of how they somehow knew it was underpriced and that it had upside potential. As usual the crowd is often wrong. Always a hard pill to swallow for them... (no bullish sentiment in terms of price action) There's a lot of uncertainty surrounding bitcoin miners and many are not able to keep up with how things are going. The risk are undoubtedly high and reward is EXTREMELY high... If they are able to manage this and survive. Obviously, the need to keep up to date with the crypto market and this stock is needed to determine if the risks are not worth the investment. example -> If something occurs with BITF and they seem to be going the wrong direction and if BTC drops extensively. I highly doubt that though seems like the majority of the pain and washout has been done and those who got burned left and those who survived will thrive. Mostly leaves it how macro develops and when it will allow BTC to thrive.
TSX:BITFLong
by Mecka