|
Post by jacksrbtr on Apr 25, 2017 10:55:39 GMT -5
maybe Im delusional but this gold flush right before earnings IMO removes a lot of the downside risk going into earnings. thats my thinking buying CDE today Yer not delusional Clint
|
|
|
Post by clinton on Apr 25, 2017 14:55:06 GMT -5
CDE 10min OBV just took out the high for the last 4 days. (unless theres a charting error)
|
|
|
Post by huh on Apr 26, 2017 7:24:39 GMT -5
Pretty solid potential for a bullish pattern here in GDX (upside would be ~26.08) [chart] GDX backtested the breakout today. However, if it doesn't hold 24 now then it's likely to at least fill the downside gap in the 23.60's, so that's the stop if only swing trading it (BTW, that upside target is actually 26.40's if measured using a log scale - which is something I should've used) [chart] Looks like time to buy GDX again in the low 22's here as a full FIB retracement of the potential pattern and a backtest of the mid March highs is now complete
|
|
|
Post by huh on Apr 26, 2017 8:36:14 GMT -5
And ~22.05 here is the buy set-up for GDX, 1% stop, upside target ~26.50 (~20%)
|
|
|
Post by novie08 on Apr 26, 2017 12:07:06 GMT -5
Nasty looking last 40 minutes or so, now trading at 21.85.
|
|
|
Post by novie08 on Apr 26, 2017 13:17:23 GMT -5
Whoa! I don't remember ever seeing this kind of volatility in gold and I've been watching since early '09.
|
|
|
Post by clinton on Apr 26, 2017 14:19:50 GMT -5
CDE likes trumps tax plan
|
|
|
Post by novie08 on Apr 26, 2017 19:31:04 GMT -5
Bitcoin now selling for more than gold.
|
|
|
Post by huh on Apr 26, 2017 23:00:49 GMT -5
I see the market was listening, and made sure to blow out my suggested stop for GDX
|
|
|
Post by clinton on Apr 27, 2017 8:41:55 GMT -5
I got a lowball bid for CDE at 8.59 doubt it ever gets filled though with the dollar this weak. ye haw it filled
|
|
|
Post by novie08 on Apr 28, 2017 11:40:00 GMT -5
Miners moving to the upside in spite of weakness in silver and puny positive in gold. WTG Clint, hope your CDE is a big winner again.
|
|
|
Post by novie08 on May 2, 2017 9:19:32 GMT -5
Gold could see as low as 1240 or so with Fed meeting tomorrow.
|
|
|
Post by novie08 on May 2, 2017 15:54:43 GMT -5
Bitcoin now selling for more than gold. Traded as high as 1466 today, closed at 1420 and gold closed at 1257. I'm still not even sure what Bitcoin is. But the Chinese apparently love it.
|
|
|
Post by clinton on May 4, 2017 8:54:38 GMT -5
just bought more goro at 3.20
now watch it drop another 10%
|
|
|
Post by clinton on May 5, 2017 8:54:42 GMT -5
CDE insider buy 1K shares no biggie but getting a pop today
|
|
|
Post by clinton on May 22, 2017 11:19:32 GMT -5
|
|
|
Post by clinton on May 31, 2017 15:35:48 GMT -5
May 31, 2017 Muddy Waters is Short Asanko Gold Inc. (AKG:CN)
We are short AKG because we believe it is highly likely to end up a Zero. On the back of flawed geology, AKG made investments in Nkran, its satellite pits, and Esaase that we believe will never be recovered. Nkran is already experiencing a serious collapse of its west wall that we believe is a sign of AKG’s desperation. We estimate AKG needs to spend $75 - $115 million soon to keep mining Nkran, or the mine will “pinch out”. Spending the money likely means AKG will run out of liquidity in 2018; not spending the money leaves the company without the cash flow to develop its largest deposit, Esaase. AKG’s “satellite deposits” are unlikely to yield significant cash flow, due to likely flawed geology. In a December 2016 upgrade to their resources, AKG used a record gold price – $2,000/Oz – to boost their estimated value. This is only one of the serious flaws we see. There are indicia that some of AKG’s resources models have been “smeared”, which would cause estimates of their ore contents to be inflated. Management is outwardly assured and confident, but their behavior reeks of desperation and short-termism.
|
|
|
Post by clinton on Jun 7, 2017 22:17:23 GMT -5
GORO pop today hit the first rung on my sell ladder unloaded a bunch at +5%
|
|
|
Post by clinton on Jun 9, 2017 9:22:57 GMT -5
LONG PPP at .36 quick flipper
|
|
|
Post by clinton on Jun 9, 2017 11:29:48 GMT -5
|
|