..the nature of PM juniors, in just a week, CHN came out of its slumber and rose 62%
and in less than two weeks, BRV gained 95%.
In this multi-year PM bull market, you should expect more of these stories to play out over time across junior gold and silver miners that are potential and in the right locations. And this is why the way to play it IMO is to buy on weakness and hold but in measured proportions to stomach volatility that comes our way from time to time.
Who would have thought that CHN which already gained 475% since it was added in late Oct last year would add a further 62% from 0.95 on 12/8 when it looked like falling. Just one neat Julimar announcement changed all that. And there suddenly is an interest in any close to Julimar, IPT is one of them.
Often we are tempted to take profits when a junior is rising , while that is fine, you'd always want to keep some left to ride a potential second and third wave. After all NST was once such a stock , 7 years ago it was trading at just 50+c and has risen 30 fold since. A $5k investment 7 years ago in NST would now be worth $150k and potential more if you include the $9 rights.
A rather disappointing day for Gold producers after a splendid and robust profit announcement from SAR, SLR, but to put in context it just gave up 80% of the gains made yesterday.
That is why I am more focused on the Juniors as they don't depend on what gold or silver prices does on a day to day basis and an upgrade announcement would be a game changer. And as I mentioned, three areas to focus on , 1) juniors with cornerstone investors (in bold below) 2) the silver juniors (IVR&EQE meeting both (1) and (2), SVL, PMY., MYL) 3) the smallest mcap gold juniors (AUL, NES, LEX, MXR, AME).
As you can see, this PM portfolio of 41 has generated 52% return in a short space of time, in fact the last 30 since CAI down were added just 3 months ago have averaged 35%. You catch it early and in the right stocks and hold , that is the outcome.
And we're just in the second inning of this multi-year PM bull market. You either believe it and believe it early or forget about it (and not be the last man or woman trying to get in when the ultimate mania ends).
I have showed you that the DXY is crumbling and the USD is poised to reach new lows in the years ahead.
Column 1 Column 2 Column 3 0 Yesterday Today 1 Gold Producers 4.48% -3.68% 2 Gold Discoverers 2.32% -1.75% 3 Gold ETF 2.84% -0.78% 4 Silver Discover 5.43% -2.39% 5 Silver ETF 3.83% -2.10%
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 0 Featured Stocks Code Date Price In Today Chg% Featured Price Yesterday Price Chg% 1 Northern Star NST 30/10/19 $ 9.72 $ 14.45 48.66% O&G $ 14.99 -3.6% 2 Chalice Gold Mine CHN 30/10/19 $ 0.20 $ 1.54 670.00% O&G $ 1.410 9.2% 3 Black Cat Syndicate BC8 30/10/19 $ 0.43 $ 0.800 86.05% O&G $ 0.800 0.0% 4 Saracen Minerals SAR 30/10/19 $ 3.28 $ 5.52 68.29% O&G $ 5.750 -4.0% 5 Stavely Minerals SVY 30/10/19 $ 1.37 $ 0.635 -53.48% O&G $ 0.650 -2.3% 6 Alacer Gold AQG 30/10/19 $ 6.33 $ 8.92 40.92% O&G $ 9.210 -3.1% 7 Van Eyk Gold Miners ETF GDX 13/09/19 $ 39.67 $ 58.00 46.21% Goldwatch $ 60.410 -4.0% 8 Bellevue Gold (Tolga K) BGL 13/09/19 $ 0.63 $ 1.055 68.80% Goldwatch $ 1.085 -2.8% 9 Meteoric Resources MEI 13/09/19 $ 0.07 $ 0.051 -27.14% Goldwatch $ 0.052 -1.9% 10 Rox Resources RXL 13/09/19 $ 0.027 $ 0.059 118.52% Goldwatch $ 0.063 -6.3% 11 Catalyst Metals CYL 13/09/19 $ 2.320 $ 2.71 16.81% Goldwatch $ 2.670 1.5% 12 Calidus Resources (Alkane) CAI 25/05/20 $ 0.385 $ 0.575 49.35% Microcap P $ 0.600 -4.2% 13 Silver Mines SVL 18/05/20 $ 0.110 $ 0.255 131.82% Microcap P $ 0.265 -3.8% 14 Investigator Resources (Silver Stock)(Meriam Gold & Silver Fund) IVR 18/05/20 $ 0.019 $ 0.058 205.26% Microcap P $ 0.061 -4.9% 15 Pacifico Minerals (Silver Stock) PMY 21/05/20 $ 0.006 $ 0.025 316.67% Add 21/5 $ 0.027 -7.4% 16 De Grey Mining (Regal) DEG 22/06/20 $ 0.640 $ 0.800 25.00% Add 22/6 $ 0.830 -3.6% 17 Breaker Resources BRB 23/06/20 $ 0.280 $ 0.245 -12.50% Add 23/6 $ 0.245 0.0% 18 Big River Gold BRV 24/06/20 $ 0.031 $ 0.074 138.71% Add 24/6 $ 0.061 21.3% 19 Capricorn Metals CMM 25/05/20 $ 1.580 $ 1.960 24.05% Add 25/5 $ 1.965 -0.3% 20 Red 5 RED 19/06/20 $ 0.325 $ 0.280 -13.85% Add 19/6 $ 0.295 -5.1% 21 Bardoc Gold BDC 25/06/20 $ 0.081 $ 0.082 1.23% Add 25/6 $ 0.085 -3.5% 22 Silver Lake Resources SLR 3/07/20 $ 2.230 $ 2.270 1.79% Add 3/7 $ 2.350 -3.4% 23 Maximus Resources MXR 3/07/20 $ 0.100 $ 0.115 15.00% Add 3/7 $ 0.125 -8.0% 24 Auteco Minerals (1832 Asset Mgt) AUT 3/07/20 $ 0.170 $ 0.200 17.65% Add 7/7 $ 0.205 -2.4% 25 Perseus Mining PRU 9/07/20 $ 1.480 $ 1.465 -1.01% Add 9/7 $ 1.540 -4.9% 26 Golden State Mining GSM 16/07/20 $ 0.360 $ 0.325 -9.72% Add 16/7 $ 0.320 1.6% 27 Great Southern Mining GSN 16/07/20 $ 0.160 $ 0.130 -18.75% Add 16/7 $ 0.130 0.0% 28 Impact Minerals IPT 16/07/20 $ 0.016 $ 0.025 56.25% Add 16/7 $ 0.024 4.2% 29 Leroy Exploration LEX 16/07/20 $ 0.240 $ 0.305 27.08% Add 16/7 $ 0.305 0.0% 30 West Wits Mining WWI 16/07/20 $ 0.017 $ 0.024 41.18% Add 16/7 $ 0.024 0.0% 31 Resolution Minerals RML 20/07/20 $ 0.079 $ 0.070 -11.39% Add 20/7 $ 0.073 -4.1% 32 RareX (Tolga K) REE 27/07/20 $ 0.065 $ 0.069 6.15% Add 27/7 $ 0.071 -2.8% 33 Adriatic Metals ADT 27/07/20 $ 1.970 $ 2.540 28.93% Add 27/7 $ 2.750 -7.6% 34 Chesser Resources CHZ 28/07/20 $ 0.260 $ 0.175 -32.69% Add 28/7 $ 0.190 -7.9% 35 Equus Mining (Palisades G) EQE 6/08/20 $ 0.015 $ 0.020 33.33% Add 6/8 $ 0.019 5.3% 36 Myanmar Metals MYL 10/08/20 $ 0.094 $ 0.105 11.70% Add 6/9 $ 0.105 0.0% 37 Firefly Resources (Tolga K) FFR 10/08/20 $ 0.100 $ 0.110 10.00% Add 10/8 $ 0.125 -12.0% 38 Kalamazoo Resources (Sprott) KZR 11/08/20 $ 0.720 $ 0.725 0.69% Add 11/8 $ 0.770 -5.8% 39 Austar Gold AUL 17/08/20 $ 0.325 $ 0.405 24.62% Add 17/8 $ 0.380 6.6% 40 Alto Metals AME 18/08/20 $ 0.092 $ 0.083 -9.78% Add 18/8 $ 0.090 -7.8% 41 Nelson Resources NES 19/08/20 $ 0.075 $ 0.074 -1.33% Add 19/9 $ 0.075 -1.3% 42 Average gain 52.2% Average gain -1.9%
- Forums
- ASX - General
- Its Over
Its Over, page-5192
-
- There are more pages in this discussion • 18,280 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online