Hello and thanks for viewing. I tend to write a lot. My valuation is based on a few assumptions; - There are no new material ore discoveries as extraction progresses, - The gold price doesn't rise over time, - The miner will have the 'average' profitability of gold miners of 11% (I use 10%), - The miner will be fairly but not excessively valued vs its earnings....
Hi, thanks for viewing. I'm going to look deeper into Bellevue and position myself for a significant purchase. But won't be buying just yet. So, some people see Elliot Wave as reading tea-leaves or goat entrails. But, it does help with market timing sometimes. It isnt everything. But, I find it helpful, especially when combined with 'coincident targets' using...
Check this one out! They just announced yesterday that they had a test that detected 100% of early-stage, min, and late-stage ovarian cancers in a study on 500 individuals. No missed cases. less than 23% false positives and 0% false negatives. There is currently no screening technology for ovarian cancer. This makes it likely that large companies will be...
Hello, So, the case remains unchanged; buy silver when the gold to silver ratio is above 80:1. But, now silver is out-performing gold significantly and the ratio is strongly trending towards a lower gold to silver ratio. If the previous steep drop is extended from the recent high, then it could imply a G:S ratio of around 45:1, which is; - right in my buy-zone...
Just looking around the equity markets for high dividend stocks, I found this one doing a correction. Found a convergent zone (wave (C) measuring 100% of wave (A) and a normal five wave extension in wave (C) as well as bullish RSI divergence indicating that a change in price direction is inbound. Recent ratings upgrade and $20+ targets from analysts in recent...
Showed this to a friend and he said, "oh a small cap?" Yes, somehow this is still a small-cap. Luckily for me. I have taken my position. If the price stays depressed over the coming weeks and months I will definitely be adding. No technical analysis, all fundamental and all of the fundamentals sound great to me (I am not in the Company and am definitely not a...
Gday, I believe the project is currently under-valued as a producing asset. However, it is not producing. They just applied for a Mining Permit today. From their announcement, a minimum of 6 months until resource consent is granted, maybe a little longer for the full permit. I'm not an expert about what steps would then be required after that. Then, they would...
Gday, I believe the project is currently under-valued as a producing asset. However, it is not producing. They just applied for a Mining Permit today. From their announcement, a minimum of 6 months until resource consent is granted, maybe a little longer for the full permit. I'm not an expert about what steps would then be required after that. Then, they would...
Thanks for viewing. Vista Gold is a gold miner developer. They have one property. It is a gold mine in the Northern Territory of Australia with proven and probable reserves of around 7 million ounces. There is just under 7 million ounces indicated, which may be converted to reserves at some point in the future, if borne out by drilling programs. Drilling is...
Okay, no Technical Analysis here. No bullish view-point. No buy-zones. Just had a look at the Dec 2024 report, because I saw they were up-side down on total debt to assets. Its actually worse than it first appears. For every dollar that they owe to creditors over the next 12 months, they have 36.2 cents available. That is a current ratio of 0.362, anything less...
Same valuation method as used on Horizon Minerals (previous post today). Shows Pantoro to be undervalued, with 80% up-side remaining at current prices and reserves. Who, knows. We will see. My entry shown in blue dashed line and exit point in red.
Started to take a position in NTL in 2022, so was holding the bag for over two years. In 2024, decided to add to my position instead of take a 60% loss. Firstly, because they got a new CEO that appears reasonably competent, and seemed actually focussed of getting the mine into production - which I came to doubt was actually the focus for the previous Management....
Yeah so, my purchases of GOLD in the past few years haven't tracked the gold price very closely. As leverage on physical gold it hasn't been such a good pick. However, I am seeing some signs of a change in price-action. Daily RSI is showing higher lows, while price is testing everyone's patience :) making lower lows. Normally hints at a change in direction is...
If you aren't going to speak your mind, why say anything? Here is the situation; The SPX has a Shiller Price to Equity Ratio of 37.6. There are only two other times in the last 100 years that valuations were higher. 1. Back in 2021 valuations reached 38.6 before a ~25% correction. 2. During the 2000 dot com mania it got to 44.2. After the bubble broke, it...
Trade the range - if you have the patience. Buy under $20 and sell at $64 for 200%+ gains
The ASX 200 is amazingly predictable. From the 2009 low, average annual growth less than 11% - long-term there are better markets to invest in TBH (especially when you consider that the AUD has lost 42% of its value vs the USD in that period). Trading within a tight parallel trend-line (with a few brief times outside the range) for almost 15 years. Price today...
Very interesting new stock with a lot of potential. However, appears a bit over-valued for a silver mine that is around two years away from production. Even if it starts producing, based on its measured and indicated reserves, it may still be a bit over-valued today, even if you discount likely future earnings (my rough scenario anyway). Will reconsider, when /...
Based on history, The relative value of gold and silver reverts between the 40:1 ratio and 80:1. Silver is still above 80:1, so IMO is a good buying opportunity, to leverage against gold. The idea is; hold gold and buy silver above 80:1 ratio and sell silver and buy gold at or below 40:1 ratio. After a cycle, you will end up having twice as much gold as if you...