I don't know, everything has run so well this year. I'm leary of FM and TCK, but there have been so many swing trades that set up and you can take for 10-40%, it might be a safe way if you have time to watch it a few times a day.
FEO is a surprise, so I would not put anything in it until it makes sense- that is a long term hold at best.
MIN continues to show steady strength and is moving towards a BFS by the end of 2016. The numbers will be spectacular based on the updated PFS. It is doing what CUU wishes it could with VD. Attract partners, capital, make progress. Permitting at Florence is going better than I thought it might so that bodes well for MIN.
I keep thinking IVN is going to have a pop. One day we'll wake up to news about the company splitting and a deal with the DRC. I wonder if they need to wait for the Congo election first, but I am confident something is coming. They are basically building the mines while we wait. Zinjin bought in last year at $1.34 for just Kamoa. Think about that and you will see why the potential is great if the market continues to gain traction. When I established my position, the company was trading at a discount to cash. The market is crazy sometimes.
Both IVN and MIN have great charts, much like TCK.B. My Monday briefing from RBC calls it an intermediate uptrend so they consider it still at risk of a retrace. Copper needs to get past resistance at around $2.42 so there is a ways to go before a definite sign is in place.
On a different note, I keep finding political reasons why the ROF will get some government infrastructure support. I think some of the players in that area like NOT will blast up if the news beaks. Trudeau and Wynne seem almost desperate to spend money there and spend is something they always seem to do. I also think this is all tied with if the Feds support BBD then they will have to give Ontario some quid pro quo. |
