Harfang Exploration - nice chart -- what you think? -- -- (:-))It is about precious metals
it is about exploration
it is about scientific method and leadership in Quebec mining industry, with geologues they have a good idea exactly where to find the "stuff".
But technically I feel the chart is very good, looks strong eventually with upsing in the sector
near term target: ---------->>>>>> 0.425 $
longer term target: Who knows ?
Brothers in soul, I would be delighted to read your thoughtful comments. What do you think about this one ?
I keep some share.
Exploration
Fosterville South Exploration - A +450% IPO in less than 30 daysWhat an IPO, what a run!
The tight share structure of the company (25% of the company is owned by the Management and founders) sent the stock to $4.6 today.
After the incredible Kirkland Lake story, the Fosterville region is more than ever keeping its reputation of creating lots of money.
What about value? Is this stock interesting from a fundamental standpoint? The answer is "I don't know", the lack of information on the company and especially on its structure does not yet, make it a sure bet for the long term.
MR *UPDATE*NYSE:MR Revised profit potential to 30% from 90%. Oil prices still under pressure despite nations agreeing to cut production; however, it is a demand shock rather than a supply shock. Will MR take the RED or GREEN path?
Overlooked silver explorer-developer with no debtGolden Minerlas Company ($AUMN)
This is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico, Nevada and Argentina.
The following is not investment advice, but simply captures my personal observations:
The market seems to have completely forgotten the stock; The most recent seeking alpha articles date back from 2014, for example. Current valuation reflects this, with a face-ripping 99% drawdown from its peak.
Management, however, has invested in expanding the resource base during the depth of the PM bear market, and now just entered in a new JV agreement with the potential to broaden their resource base even further (see: www.marketwatch.com)
That news seems to have sparked a break-out.
Now we see this breakout being backtested. I don't see increased volume, and I suspect silver bugs are mostly overlooking this stock still. Its marketcap is tiny at only 30M, so it won't take much to start making waves and get noticed....
ABN:TSXV - Aben Resources: testing the trend lineABN:TSXV - Aben Resources: Chart is beginning to set up nicely, pulled into $0.225 support with declining bear volume. Would like to see ABN hold $0.225 support and close at the high, confirming support at $0.225. It is sitting right on the mid line of the Bollinger Band's and right near the trend line. getting over the $0.24 level will be a good sign for an upcoming break out #GOLD #goldentriangle $ABN.V
Near term Catalysts:
Drilling commenced on June 10, nearly a month earlier than last year, this drilling season is working on last years very promising finds that propelled the stock up 100%+ up near 50c. This drilling season should see similar results and will be reflected in the stock price the golden triangle is proving to be very position for gold exploration and with the price of gold testing multi-year highs these could be very profitable and gain lots of attention.
TSXV:ABN
GLDN:TSXV - Golden Ridge Resources: Curling up, Gold tailwindGLDN:TSXV - Golden Ridge Resources: Chart is continuing to set up nicely, holding $0.155 and closing at the high of the day. Would like to see a higher high and higher low tomorrow. Its done a good job confirming support at $0.155. Also bounced off the mid line of the Bollinger Band's and right near the trend line, the 50dma is now less then a penny from the 200dma, likely getting the cross Monday. #GOLD #goldentriangle $GLDN.V
Near term Catalysts:
Drilling commenced on June 14, nearly a month earlier than last year, this drilling season is working on last years very promising finds that propelled the stock up 200% into the 50c range. This drilling season should see similar results and will be reflected in the stock price, the land they own was previously Barrick Gold's which sat un-explored for 20 years. Speculatively, In the future this could be bought back.
TSXV:GLDN
GLDN:TSXV - Golden Ridge Resources: decent cool off into supportGLDN:TSXV - Golden Ridge Resources: Chart setting up nicely, for this seasonal gold explorer stock. Pulling back into previous resistance at the $0.155 and $0.16 zone, we will see if it can confirm new support there. Also coming back into the mid line of the Bollinger Band's and the trend line, 50dma is approaching the 200dma, likely see it cross by month's end for a Golden Cross.
Catalysts:
Drilling commenced on Friday, nearly a month earlier than last year, this drilling season is working on last years very promising finds that propelled the stock up 200% into the 50c range. This drilling season should see similar results and will be reflected in the stock price, the land they own was previously Barrick Gold's which sat un-explored for 20 years. Speculatively, In the future this could be bought back
TSXV:GLDN
Assess probability of success, Buy and forget the shareThis is a penny share with current market cap of 3.7million AUD
if it works it will shoot to the sky,
if it doesn't most likely it ll head to zero or negative, maybe you can sell at current entry as it is acting as some support.
Reasoning for this share, is due to a prospective gas discovery onshore north of the city of Derby in Western Australia.
mostly for block EP487,
the block was bought by REY Resources, 100%
REY has farmed out 50% of the block to Doriemus, with the condition of securing funds for drilling within 6 months and drilling an exploration well within a year.
How does exploration work in oil and gas? basically a seismic survey takes place, a seal rock cap is discovered, then you drill underneath the cap to confirm the gas (low probabilities ranging 5-15% to find something, throughout the industry)
In this block, EP487, the caps are explored, still the drilling to take place.
Refer to the pdf's here
www.asx.com.au
But what to highlight, is there s two prospects,
1- the Butler sand
if there s gas, a 50% chance of finding 1.055Tcf of gas (of which DOR will hold half)
done some basic search on google, 1Tcf of gas is worth $3 billion at the wellhead (once consructed) and up to $9 billion if an LNG plant is ready. (dont take me as reference, do your search).
so the market cap of DOR can easily reach a magnitude of 100's million $ (not sure where), and the share will go up by multiple of x30 at least.
2- Laurel BCG
50% chance of discovering 28.4 Tcf or more in the field (10% change of finding 81 Tcf or more) (do the math yourself to get the market cap and how much the share will go up to)
Doriemus is planning drilling within the next year, for a well that will target both prospects (one is underneath the other)
Seperately, REY the original owner of the block, EP 487, had its share going up from 8cent to 29cents through the previous two months.
And please thoroughly go through those ASX reports yourself, I may have understood it wrong.
Phase 2 exploration October 1stPhase 2 exploration begins October 1st, and the speculative interest will be increasing.
After trading down on relatively unsurprising news about the drilling done on the western trend, we are setting up for a speculative rally for Phase 2 drilling at the eastern trend at Moosehead.
The 10,000m Phase 2 drilling program will test the area on the eastern trend, where MH18-01 gave the intercept of 11m of 44g/t gold and consequently gave Sokoman Iron Corp some TSXV:SIC ridiculous trading volume and a rapid 1000% increase in share price.
This is an easily accessible area in New Foundland, screaming for mining jobs. While we are far from delineating an actual mineable resource, we are also at a very small market cap where a lot of the hype investors have sold off, and more patient long-term investors have grabbed shares.
On the technicals, we seem to have touched a bottom twice at 0.15 and 0.145.
With an imminent catalyst coming up - 10,000 meters of drilling at the highly prospective eastern trend - there will be serious speculative interest the coming weeks.
Confirmation of the mineralization from MH18-01 meanwhile can take us far beyond what we have seen earlier.
Remeber this is exploration, results are not guaranteed, but speculative interest is definitely going to pick up.
Suggested trade before drill results:
0.15-0.23 BUY
0.25-0.40 SELL
And keep some shares for the assay results in October, that's where it can get really interesting for SIC.
$bxeLike the look of the EMA ribbon, very aesthetic
Doubled my position at .98, still looking for another bullish drive up.
no SL... letting it ride for now, as I say... scared money don't make money
$BXEJust scooped some at 1.04, not likely it will continue t dip in the near future.
Looking for a drive up to previous support
3D Resources Fib 50 bounce concept tradeDDD; developing Haiti based gold projects has consistent news flow expected as they begin to develop their gold projects. The Gold sector in general has been performing well recently
From a technical perspective the chart indicates that the previous move from 0.7c to 1.5c has consolidated after testing the 0.5 fib setting a base for the next move. The volume has dried up indicating that buyers/sellers are unwilling to exchange in this range for much longer. First target based on the return to trend is 1.5c (+36%) with the second target being the 1.618 extension which conveniently fits at the psychological barrier at 2.0c (+82%)
TSO vs XOP vs VLO vs COPIn the Oil Exploration and Production Sector, There are few stocks with a little bit of strength. One such ticker is TSO. The Question is, Is it going to hold the trend? or CRAP out of the trend and ROLL Over.
Either way, All TSO needs is to see Crude Oil Gains a little strength, then we have a good probability of a breakout.
The Second to this list would be VLO with a bit more strength than COP and the Sector. btw, for those not familiar with XOP - this sector has a wide stock distribution. The Top 10 stocks in this sector constitutes only 12%.
Sector also carries heavy weight on TSO with 2% and the top holding.
TSO Tesoro Corporation Common Stock 2.09%
PBF PBF Energy Inc. Class A Common 1.92%
INT World Fuel Services Corporation 1.80%
MPC Marathon Petroleum Corporation 1.74%
VLO Valero Energy Corporation Commo 1.68%
COG Cabot Oil & Gas Corporation Com 1.68%
CVI CVR Energy Inc. Common Stock 1.63%
EQT EQT Corporation Common Stock 1.62%
WNR Western Refining Inc. Western R 1.60%
XOM Exxon Mobil Corporation Common 1.59%