New Listing for VOX RoyaltyFirst a video youtu.be
Vox Commences Trading on OTCQX
TORONTO, Aug. 10, 2021 /CNW/ - Vox Royalty Corp. (TSXV: VOX) (OTCQX: VOXCF) ("Vox" or the "Company"), a high growth precious metals focused royalty company, is pleased to announce that its common shares are now trading on the OTCQX® Best Market under the ticker symbol "VOXCF". The OTCQX Best Market is the highest market tier of OTC Markets on which more than 10,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Vox's common shares will continue to trade on the TSX Venture Exchange under the symbol "VOX".
The OTCQX Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade VOXCF. The OTCQX Best Market is OTC Markets Group's premier market for established, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.
Vox is in the process of securing Depository Trust Company ("DTC") eligibility for its common shares. DTC manages electronic clearing and settlement of publicly traded companies across the United States and in 131 other countries. Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com
"We are pleased to reach the milestone of trading on OTCQX, as this will make it easier for new U.S. investors to invest in Vox and for our existing U.S. investors to continue trading," confirmed Kyle Floyd, the CEO of Vox. "This is yet another demonstration of the Company's commitment to building long term shareholder value in the U.S., Canada and internationally. Moreover, I believe that once the Company is DTC eligible, this will further improve our overall liquidity and help to accelerate the expansion of our shareholder base in North America over time."
Precious
$1800 for Gold could be major support$1800 for the gold bugs seems to be a Goldilocks number. Recent support has been tested several times but a break out from the recent downtrend at first looked like a false breakout. If we were to take that swing high on this latest bullish move, the consensus target of $2000 should be easily met, even $2100 is doable.
For the likes of a royalty company the fluctuations in the metals is less relevant but a higher precious metal market does bring outside interest back into these assets, so the likes of Vox Royalty will be benefiting from the current appreciation in the yellow metal. They both have shown a swing low buy the dip from mid-June, so some correlation currently on show.
Recent News Flow - Vox Royalty
The Silicon Review
"The company is currently evaluating more than $500 million in royalty deals and should continue to lead the industry in growth as it has for the last two years."
Electric Royalties Ltd.
TORONTO, CANADA – July 5, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is pleased to announce that it has entered into definitive transaction documentation with Electric Royalties Ltd. (TSXV: ELEC) (“Electric Royalties”) for Electric Royalties to acquire a portfolio of two graphite royalties from Vox for C$2,850,000 in shares of Electric Royalties and a C$50,000 cash non-refundable exclusivity payment (the “Transaction”), as announced in a prior press release dated May 18, 2021.
Vox has now closed above the 2.56 level and is showing strength with daily swing of higher highs and higher lows. When the share price closes above the 2.88 level, the corrective cycle will have a higher probability of returning to an impulsive move higher.
South Africa (EZA) a good Precious Metals playPrecious metals (PM) have really struggled this week, with the following weekly movement in USD:
Gold TVC:GOLD -5.65%
Silver TVC:SILVER -7.17%
Platinum TVC:PLATINUM -7.2%
Palladium TVC:PALLADIUM -8.23%
All these PM’s seems to be heavily oversold over the shorter-term, which could see a bit of a recovery over the next week or two. Why is this important? Currently 24% of EZA consists of PM’s, which was the main reason for the recent pullback in the ETF. EZA finds itself at a strong support level and very close to EXTREME OVERSOLD levels according to its 14-day RSI. Should $48.50 not hold up, my stop loss would be at the 200-day Moving Average (EMA). This currently is $46.86. Should we see a bounce off the current levels, could see EZA test the 50-day EMA at 51.29 resistance, with a break and close above these levels, most probably bringing back new 12-month highs. I am somewhat worried about the negative recent momentum and will monitor closely
Vox Royalty DYORSpencer Cole, Executive Vice President of North America stated: "Vox is excited to announce its first Nevada gold royalty acquisition over a Carlin Trend project that is rapidly advancing towards feasibility completion in 2021 and a subsequent construction decision. Vox acquired this royalty from a family associated with the Nevada ranch where the South Railroad project is located. The royalty covers approximately 35% of the resource base at South Railroad and most of GSV's ongoing expansion drilling at Dark Star, Pinion and Jasperoid Wash. We look forward to further value being unlocked for Vox shareholders as the South Railroad Project is rapidly progressed towards production."
www.juniorminingnetwork.com
Transaction Highlights
The acquisition provides exposure to one of Nevada's most rapidly advancing gold development projects at the pre-feasibility stage South Railroad Project ("South Railroad") that hosts a total resource estimate of 85Mt @ 0.7g/t Au, 4.1g/t Ag for 1.856Moz Au, 5.251Moz Ag(2).
The Royalty covers large portions of the Dark Star, Pinion and Jasperoid Wash deposits at South Railroad as well as portions of the POD and Bald Mountain zones in the North Railroad portion ("North Railroad") of Railroad Pinion.
GSV released an updated Pre-Feasibility Study on the Dark Star and Pinion deposits at South Railroad on March 24, 2020 ("PFS")(1), which envisaged an 8-year open pit, heap leach mine life producing a total of 923Koz, with 146Koz per annum expected to be produced in the first 5 years of operation at an all-in sustaining cost ("AISC") of US$707/ounce and initial capex of US$133M.
GSV is expecting to release a feasibility study on South Railroad by 2021 year-end.
Orion Mine Finance ("Orion"), a global alternative investment management firm with approximately US$6.3 billion under management as of 31 December 2020, has agreed to provide GSV with a term sheet to provide up to US$200 million of financing support to GSV, following the satisfaction of mutually agreed milestones, to help finance the construction of South Railroad.
Vox Management Summary: The South Railroad royalty in Nevada covers approximately 35% of the 1.9Moz resource estimate(2) of a rapidly advancing gold project offering near-term development catalysts (2021 feasibility study completion), immediate annual cashflows to Vox of approximately C$120,000 in advance minimum royalty payments and, in the medium-term, royalty revenue generation potential of approximately C$250,000 – C$750,000 per annum averaged across the life of mine based on the PFS(1).
Vox Royalty rapidly grows its portfolio of low-risk mining assets backed by cash and management experience
www.proactiveinvestors.com
Here's Why We're Not Too Worried About Vox Royalty's (CVE:VOX) Cash Burn Situation
ca.finance.yahoo.com
Financial Times
markets.ft.com
New Custom Precious Metals vs. CryptocurrenciesThis is my new favorite custom PMs vs cryptos chart method. It adds together gold and silver multiplying the latter by the gold:silver ratio so they are on equal terms, and similarly with bitcoin and etherium, with eth multiplied by the current btc to eth ratio.
The chart is looking to complete a cup-and-handle formation, which would be bullish for precious metals over crypto in the short-term. Looks like cryptos could very well win out in the long-term. A prudent trading strategy would be having the ability to trade between them quickly, easily, and with the ability to set market orders.
In order to trade btc, eth, with allocated physical au (gold) and ag (silver), along with the fiats usd, eur, gpb,
ALL ON THE SAME PLATFORM
I use Kinesis: kms.kinesis.money
Happy trading!
This is not financial advice.
Custom Precious Metals vs. Cryptocurrencies chartThis is a composite chart of Gold and Silver versus Bitcoin and Etherium. There is a fairly solid bottoming formation that could turn in to a cup and handle. This would be very bullish for precious metals. Fib retracement of 100% could return to a ratio of 0.39. This would be likely in a scenario in which cryptos continue to decline in value while precious metals continue to increase relative to the dollar.
To be able to play this market, it's best to have a way to easily move between top cryptos and allocated contracts of physical gold and silver.
Luckily there is such a platform. It's called Kinesis: kms.kinesis.money
and if you like you can read more about it here:
www.reddit.com
Gold-to-bitcoin ratio: Cup and Handle forming?In this gold / BTC chart you can see a bottoming formation and even the beginning of a cup and handle. It's too soon to tell because we only have the cup so far, but it wouldn't take much beyond expected market activity to form a nice little handle on there. There is already a handle on the other side, so perhaps a better name for this formation would be a grail... or... THE HOLY GRAIL (because it's made of gold). Funny freudian type i just made (and corrected), the "HODLY" grail. Anyway, best of luck to you all.
BTW if you want to move smoothly between btc (or eth or usdt) and physical gold, silver, and a few different fiats (usd, eur, gbp) all on the same reputable platform, then check out this reddit post: www.reddit.com
GOLD! SORRY GUYS MISSED SOMETHING EARLIER TODAYTODAY I SHARED MY VIEW ABOUT GOLD BUT I MISSED SOMETHING IMPORTANT AND I OPENED A SHORT TOO EARLY, RIGHT NOW I CLOSED MY SHORT, AND I WILL GO SHORT AGAIN ONCE WE MANAGE TO HIT THE 200DSMA AROUND 1852$ WITH THE TARGET OF 1800$. I am still bullish on gold but I think we need some more boost from the downside! Next week we may have an amazing profit taking for this upcoming short opportunity!
Gold to $2500 by 2023In some ways I feel this is a conservative estimate, and on the other hand it could get caught up on a lot of resistance on the way there. Nevertheless, gold has recently made a clear breakout of it's multi-month consolidation period (red lines), aka bear flag that started a few years ago. If this is the case, it is likely to continue a similar uptrend (green lines) that the bull run started off on. Using fib extension, the next 100% move is around $2500. As for timing, no idea. In the title I say 2023 because that is where the green trendline intersects the 100% move on the fib extension.
Vox Royalty Announces Record Revenue in Q1 2021GEORGE TOWN, CAYMAN ISLANDS – May 4, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is
pleased to announce that the Company has realized record preliminary revenue of C$668,600 (US$540,000)
(1) for the three-month period ended March 31, 2021. All preliminary revenues were derived from royalties, not streams, as such, the cash operating
margin(1) was 100% for the quarter. During the quarter, the Company recognized inaugural royalty revenue from the Koolyanobbing
royalty, which is an uncapped 2% Free on Board sales value royalty from iron ore mined from the recently commissioned Altair
Pit and a portion of the Deception Pit.
Quarterly revenue benefitted from increased royalty-linked production by Mineral Resources Limited (ASX: MIN) and record iron
ore prices at Koolyanobbing, increased production by Karora Resources Inc. (TSX: KRR) from the Hidden Secret deposit at
Higginsville covered by the Dry Creek royalty and rebounding quarterly diamond prices associated with the Brauna royalty.
Kyle Floyd, Chief Executive Officer stated: “Record quarterly revenue for Q1 represents the start of Vox’s anticipated revenue
growth through 2023 as numerous royalty assets are expected to commence production. The Company’s preliminary quarterly
revenue is in line with previously announced 2021 full-year revenue guidance of C$1.7M to C$2.5M. Vox’s organic revenue growth
is a product of the Company’s stated strategy of acquiring high quality, attractively priced royalties many of which are near term
production opportunities. Vox held one producing royalty in May 2020 and anticipates finishing 2021 with seven producing assets
based on its current portfolio of 50 royalties.”
Vox is a growth precious metals royalty and streaming company with a portfolio of 50 royalties and streams spanning nine
jurisdictions. The Company was established in 2014 and has since built unique intellectual property, a technically focused
transactional team and a global sourcing network which has allowed Vox to become the fastest growing company in the royalty
sector. Since the beginning of 2019, Vox has announced over 20 separate transactions to acquire over 45 royalties.
Silver analysis.Looking at the silver chart we observe a bull flag forming. It would have been best if it only corrected 50% of the recent trading range - making a perfect bullish pattern, however it is still moderately bullish. I mentioned yesterday that this week 26.3 is the target - we have already seen 26.6 - roughly a percent off the target. We could still see 26.3 tomorrow - but if we hold the 26.9 level and close above it - then 26.6 was very likely the low in this short term cycle which continues down till FEB 17th - but as long as 26.9 is held, the low was seen. Recently we have seen platinum rush higher and if it will start to pull back - gold and silver should be under some pressure, however not certain that the pressure will be strong. We will take a closer look on the weekend. Right around the 30 dollar mark reached a week ago I posted an idea telling everyone not to chase the move. The pullback came as I expected and now it is much safer to take long positions, nevertheless we should continue to be cautious and protect our capital with stop loss orders placed at an appropriate price. Otherwise, you should maintain such a position so that you have enough margin to stomach at least a 20% move against your favour. Always remember - futures trading involves a substantial risk of loss and is not suitable for all investors.
GOLD Barrick: Divergence-> left turn? -Divergence of RSI MACD STOCH against the general downward trend, similar to late 2018,
-lows holding, highs descending between 32%and50% RT
-similar to 2018, same as gdx
-ONE dirty dirty DIRTY heart crushing gap from the Spring rebound (not on chart)
I'm like NASCAR, left turns only please.
GOLDThis is a fascinating insight into Gold. My best TA video so far.
Why I am very bearish on gold?
There's a litany of reasons in this video.
I am adding another Gold video as this one uploads to demonstrate how important the 21 week exponential moving average has been. This is incredible!! The March covid19 sell off dissected and lessons learned for next time!