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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (3378)2/14/2022 3:36:33 PM
From: sense  Read Replies (1) | Respond to of 5610
 
Hecla on the 30 minute chart.. a "flat" KST with rising price... very nice looking intraday...

And, the shorts just gave up... the Chandelier Exit Short just dropped below the price without the price moving... and then price shot up...

Maybe tomorrow will tell... but, the miners sure look like they want to break higher out of the recent trading range... finally gaining some street cred as an inflation hedge, again... only with oil having already made a huge run... and the miners nearer the bottom of the long term charts...



To: Logain Ablar who wrote (3378)2/14/2022 5:24:35 PM
From: sense  Read Replies (1) | Respond to of 5610
 
Given market trends... I think it useful (and not hard) to try narrowing the focus in silver miners and explorers to try to find those with a resource that is mostly copper / silver... with higher grades of silver than most copper mines will have...

Same reason to like SA... as the numbers on the gold are eye popping... but the copper, which everyone ignores, is actually worth more?

I have two junior copper / silver explorers I'm hawking...

The first is... a better defined potential... but still a bit over-priced now... and it has been correcting, after a run from $0.20 to $0.60...

CCOOF / CC.CA Core Assets is in the very uppermost corner of B.C., next to Yukon just to the north, and Alaska just to the west. Worth the time to compare what they're reporting having found up there with what others report... I've added them to the list on the GTBC page...

Funny, that before I found them I was looking at the maps, noting the void, and wondering why no one seemed to be poking around up in that random little corner...

The other one is a bit more speculative still... but, I think they've done the basic geological work correctly to pin down what they're looking for... and should be able to prove that in the next round of drilling, likely to happen this summer. But, as evidence, for now, the work they have done intersected a few very narrow ribbons of high grade "leakage zones" emanating into a covering cap from a deeper source...

GLDRF / ITKO.CA is Idaho Champion... And, its an interesting story... somewhat similar to the SGLDF's Copperstone mine in Arizona, geologically... as it seems its a detachment fault related issue. But, in this case, the past producing mine and other gold occurrences at the surface that they've been poking at... sort of slid off to the east from prior position up on top of the parent source, leaving the parent source "hidden"... That might compel you to demand a fairly high level of "proofs" that there is something "bigger" lurking deeper down below those barren rocks over there... And, they don't exactly have that proof... yet. But, what they did find... in a couple of narrow veins in the cap rocks above that location... came from somewhere ?

I've been following Idaho Champion since last year... not because of this new copper / silver potential or the past producing gold mines at this site, but because of other prospects they've been poking at... So, I noted it when they suddenly dropped from $0.09 in November to $0.04 in December. I poked at it a bit more in January... and learned what the story was and what they'd found in those narrow veins... and think that makes it a worthy speculation on "finding the source"... that has to exist... to exude that high grade. It stayed down at $0.04 until 2 February... and then popped shortly after they did a dog and pony show at one of those on line investment conferences on 27 January... ( I didn't watch it... rarely do spend the time on those things...)

But, its not exactly over-priced now, still at $0.06... I've been averaging up...