On Monday 6-29-20 mining stocks are taking a major leap forward. We discussed Auryn Resources (full disclosure sponsor and we own the stock). Seems like junior miners are having their day in the sun. Rick Rule says a correction is coming. So what to do, sell and then wait and buy back after the decline, or take your investment off the table and reinvest? John and I do our best to confuse the issue...Read More
Peter Epstein of Epstein Research digs into recent news from Portofino Resources, which now has prospects on four gold properties in Canada and two lithium brine assets in Argentina. Note: Au = Gold, Ag = Silver, Cu = Copper, Zn = Zinc, Cu Eq. = Copper Equivalent at spot pricesIt has been a busy six weeks for Portofino Resources Inc. (POR:TSX.V; POT:FSE). Six press releases have been issued. I w...Read More
Peter Epstein of the Epstein Report interviews Brad Rourke, CEO of Scottie Resources, a 'rising star' working in the prolific Golden Triangle. Scottie Gold MineThe Golden Triangle (GT) of northwestern British Columbia has been one of the best performing mining districts for precious and base metals juniors. Of roughly 30 names I'm tracking, as of the close on June 30, the Top 3 are up an average...Read More
Facts don't seem to matter much nowadays until they do.Here are some facts. The United States now has over 2.5 million confirmed cases of COVID-19 with over 128,000 dead. Hell of a flu. Here are some more facts. Taiwan with a population of 24 million didn't implement a lockdown yet it did have mandatory universal mask-wearing. Of the 24 million people in Taiwan, it experienced a total of 447 cas...Read More
One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base. It seems as though every time Gold completes one of the moderate-low price rotations, as we call it a “washout low rotation”, it sets up for a new momentum rally to a new momentum price base.We believe July and Au...Read More