Gold About To Breakout $1800

It was 2008 and we were in the middle of the Great Financial Crisis.  At the time I was working as a math teacher with a small family.  I was already investing in junior gold miners for 10 years before I took the plunge to go full time into becoming a mining entrepreneur leaving a secured tenure academic position for full time mining speculation. 

In the beginning of 2009 the junior miners started a major 3 year rally where in many cases we saw major outsized gains.  I did very well and the same with my newsletter.  This lasted to the summer of 2012.  For almost 7 years the gold price corrected and for junior miners that means you have work twice as hard just to stay in the same place.  For a newsletter writer a declining portfolio and fewer subscribers means eating ramen noodles for years.   

Now that appears to be changing as banks around the world have used this coronavirus crisis to completely turn on the printing presses to print fiat currency at a record pace.  The Central Bank balance sheets are going parabolic and they are even buying etf's completely manipulating stock prices.  In the USA over 40 million are unemployed and relationships with minorities are at all time low.  There is so much racism and anti semitism in USA.  Unfortunately I've witnessed it first hand.  We need to stop stereotyping and love one another despite our different beliefs or skin color.  We are all GD's Children.

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Its at these chaotic times when investors turn to gold and the junior miners.  Gold broke out in the summer of 2019 but I believe the big breakout for junior miners could be this summer.  That is why I ask you to research some unique situations that are crossing my desk.  I ask that you review the management interviews do more due diligence and give me feedback.  I have been following junior miners for 20 years and have passionately studied and traded this sector at least 40 hours a week for 20 years.

Please note I am followed by the best and the brightest in the mining sector as I've been involved with some of the best and lowest cost producing gold mines at an early stage.  My blog has archives from last cycle where I highlight New Gold and Fronteer Gold.  I also highlighted Fosterville, Great Bear, Integra, K92...list goes on and on.  I have been blessed and am so grateful.  I also have many losses and no one is more self critical and hard on themselves then me.  Let's just say I take it personally to a point where I can't sleep at night.  

I am sharing my knowledge with you as I believe sharing is caring.  The newsletter is a way for me to give back and at the same time get joy in sharing and find greater meaning in junior mining investing.  Believe me when gold corrected and silver was manipulated lower it was painful. 

Losing my money was hard but seeing people lose money was just devastating to me especially the older generation.  I've had to learn how to get back up which is a key part of the junior mining game, stock market and life.  Many of my subscribers from the last cycle are gone now into the next world like my Dad.  But they are the ones that advised me to be patient and fortitude waiting for next cycle and rotating into winners.

We have been so blessed to recently see a few winners get some major investments.

1)For over a year I helped market a small West Mali junior that I found after a fishing trip here in Miami with the CEO of a neighboring company who highlighted the gold they were finding in the district.  I couldn't invest in that at the time as I was restricted to North American Exchanges.  But I found this neighboring stock which I recognized and wrote about online the possibility it could be the next Fekola which is a marquis mine in Mali with over 5 million ounces of gold and this could become possibly Ashanti 2.0. Chairman of the company was the one who built Ashanti in Africa and is extremely well know in mining history. Check out this CEO Youtube interview here please like and comment.  They just raised $7.5 million which means lots of news flow going forward!

2)I recently invested in another Africa gold explorer whose President worked with the Chairman of the company above as his exploration manager at Ashanti.  These guys have over 40 years experience studying these belts and Barrick just announced that drilling is about to begin.  Remember Barrick's CEO Bristow is an African Gold mining genius and he is choosing to work on this juniors property starting any day soon.  We could see another Kibali mine in the making.  No one knows about this yet!  Not only do you have Barrick drilling but this little junior has a couple million ounces of gold with a current entreprise value of under $15 per ounce in the ground.  Click here to hear the CEO interview please like and comment!

3)One of the junior miners I featured recently has possibly the highest grade silver discoveries in South America.  They just announced a new discovery which could connect two major discoveries 1.5 km apart.  It means it could be a lot bigger and higher grade than the market realizes.  Billionaire Eric Sprott gets it and he was just a lead order in a major $5 million financing that was closed and fully allocated in minutes.  Check out this CEO Youtube interview please like and comment.   

Disclosure:

Author (Jeb Handwerger) owns shares and they are featured sponsor companies.  Sponsors are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content.

Biggest Gold Asset in S. America Got New CEO with Great M&A Record

During this quarantine I have been blessed to speak to some extremely successful entrepreneurs in the mining sector.  It has been during this pandemic crisis that opportunities arise for astute investors who can think quickly.

 

Many smart investors who left the mining sector to real estate, cannabis and crypto have come back to safe haven in the form of precious metals and gold miners.  Just as the sun rises and sets every day like clockwork so too the markets have their cycles.

 

Now the cycle has been turning for gold and the miners.  Gold is one of the few asset classes that have outperformed this year!  Investors are looking for unparalleled value and leverage to the rising gold price in the form of wealth in the earth with great management team and the best backers.

 

I recently had a call with Paul Matysek the new CEO and Chairman of Gold X $GLDX.V while he has been at home in Whistler just 90 km north of Vancouver.  He said its usually the busiest time of the year and the resort town is empty.  Paul has gone from a geochemist to running 5 publicly traded companies that he sold billions!  They were great wins for his shareholders.

GLDX Interview Template

He started working for a big company called Anaconda Mining looking at acquisitions for them.  This position helped him develop a method of how to assess mineral deposits assembling a team of 15 PhD scientists to assess if he could move projects forward up the value chain.

 

After working for the majors he decided to start his own deal as a CEO as he believed he understood what the essential ingredients were to build a successful mining company.  His first foray was in uranium when it was trading at just $10 a pound.  He acquired a huge database of uranium assets at the bottom and the market cap went from $5 million and eventually by Uranium One for $1.5 billion +.

 

It didn’t stop with uranium.  Paul did it again with Potash.  Started off as a junior and then he sold it to giant fertilizer firm K+S for a billion dollar fortune.

 

Then Paul did it again with gold in Argentina and then recently with Lithium X.  Without proving the point further Paul has an amazing track record for his shareholders and that is crucial in this business.  At the end of the day, management’s main job is to build shareholder value and not many have matched Mr. Matysek’s record.

Now in my recent conversation, Paul discusses why he is so bullish on gold and why he has taken on the role of Gold X $GLDX.V CEO and Chairman when he could easily be retired in Whistler or in Florida.  He told me there is incredible amounts of money being pumped into these economies globally and its going to eventually cause inflation.  Plus we have a stagnating economy where there is a lack of manufacturing and productivity.

 

If you look in the past stagnating economies of stagflation causes a major flight into gold.  Paul thinks the timing on gold is upon us.  He thinks its going higher and is happy getting back into the gold business.

 

Looking at size he loves Gold X (GLDX) with 7 million ounces of gold!  Looking at the PEA study from 2019, he thinks the economics are excellent with higher gold prices.  Gold X recently consolidated its shares and did complete rebranding.

 

They raised money to get 100% control of the project.  Now Paul is trying to unlock value for his shareholders either through updating the economic studies, expanding the resources and look at M&A.  The stock has bounced off 5 year lows as soon as Mr. Matysek was announced as CEO and Chairman just a few weeks ago.

 

Gold X has some top shareholders and finance partners including well known producer Gran Colombia, Frank Giustra and Wheaton Precious Metals where this could become the crown jewel of their streaming portfolio.

 

Investors are encouraged to look at recent economic studies which shows how undervalued this project is at $1300 gold.  Imagine what the economics are at $1800 gold.  NPV could be over a billion!

 

This is a huge project that has gotten the Wheaton Precious Metals endorsement as they will help finance construction.  The majors are looking for large gold mines in stable english speaking jurisdictions like Guyana.

 

Today we see M&A activity where Guyana Goldfields (GUY) was bought out by Silvercorp (SVM).  Lots of gold companies are looking to get bigger and Gold X has the most leverage to a rising gold price in the junior mining market.

 

In conclusion,  there are very few people in the mining industry with a track record like Paul Matysek who is now Ceo and Chairman of Gold X Mining.  There are some guys who can hit doubles but there are very few sluggers who can consistently come through when there are runners in scoring position.  Time and time again he has come up big for his team and there is a good chance he could be starting to do that again right now.

 

Check out Gold X Mining $GLDX.V with a market cap under $75 million now and 7 million ounces of gold with economics.  Its like $7 an ounce in the ground.  Investors are having a hard time to buy physical gold and silver, maybe they will start looking at gold assets still intact in the ground?

 

Finally, Paul Matysek concludes the interview saying,”It’ll be a good run for not just Gold X but many gold companies in the sector because it’s an asset that people tend to go for when times are tough and I think we've got a boatload of hurt coming bringing gold back into the spotlight."

Click below to see my interview with Paul Matysek, CEO and Chairman of Gold X Mining $GLDX.V

Contact Investor Relations for more information and sign up for email alerts.
Phone: +1 (604) 609-6132
Email: investors@goldxmining.com

Disclosure: Author (Jeb Handwerger) owns shares and I want to sell them for a profit. I may have received or intend to receive compensation. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

 

 

Precipitate Gold $PRG.V $PREIF Adds Major Barrick Gold $GOLD as Shareholder

Precipitate Gold Corp. is a mineral exploration company focused on exploring and advancing its mineral property interests in the Pueblo Viejo Mining Camp and Tireo Gold Trend of the Dominican Republic. Precipitate is also actively evaluating additional high-impact property acquisitions with the potential to expand the Company's portfolio and increase shareholder value.

Jeffrey Wilson, Company President & CEO stated, "We are excited to close this important equity financing, as the proceeds provide the Company with a strong financial position to pursue its ongoing exploration efforts at multiple existing advanced-staged targets at the Company’s Juan de Herrera Project as well as emerging target areas within the Ponton Project located just 30km east of Barrick’s Pueblo Viejo Mine. Furthermore, adding Barrick Gold Corporation to its shareholder registry offers Precipitate a significant new shareholder with global mining recognition and substantial in-country prominence and expertise.”

Listen to my recent interview with Precipitate Gold $PRG.V $PREIF CEO Jeff Wilson below.

Call Toll Free: 855-558-0335

investor@precipitategold.com

Disclosure: Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. I may have received or intend to receive compensation. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

Gold $GLD Beginning to Outperform Stocks $SPY $DIA After Emergency Rate Cut

For the first time in many years we are witnessing investors moving out of stocks into gold.  This could be accelerated by global emergency liquidity efforts following the coronavirus panic which may have been the pin that bust the record bull market.

For the first ten years of the decade gold was the favored asset over stocks.  That ended when gold hit an interim top in 2011 at $1900.  Since then capital has flowed into stocks for almost ten years until most recently when the stock markets crashed historically last week.  Take a look at my video chart analysis below...

Now for the first time in many years I am getting notes from top traders that they are buying industry bellwethers Barrick $ABX and Newmont $NEM as they have reduced debt, sold off marginal assets and are starting to increase free cash flow especially with higher gold prices.

Kibali Breaks Records Across Board For Barrick Gold Corporation $ABX Huge success story that is just starting to get recognized by the World. There could be more Kibali mines to be discovered.  Fekola has been a great performer for B2 Gold $BTO.TO.  I believe these miners are selling off marginal assets and going to invest in new discoveries near these successful mines.  Make sure to stay tuned for updates on drill programs.  

You got to look for insider buying in these juniors.  There is lots of insider accumulation in this high grade gold story backed by industry giants Rob McEwen and Michael Gentile right when drilling gets expanded from 20k meters to 60k meters.  Investors were able to see the drill core at PDAC where there is visible gold.

There is also a lot of insider buying after Eric Sprott invested in this palladium asset in Ontario which just published a really impressive PEA which has attracted the attention of the smartest players in our industry.

Outside of gold...its pretty cool to have recently raised $16 mil in the bank and have established partnerships with the giants of the electric vehicle industry. You know battery technology is the focus for the end users and for many investors who believe that the electrification of transportation is inevitable.  For months I have been waiting for a rebound in this area.  This battery company could have great upside as they have answers in building better batteries.  The automakers are desperately looking for batteries that could go a million miles and possible be cobalt free.  Lots of capital is flowing into this sector as mutual funds such as Blackrock are looking for companies such as these that could provide some solutions for battery manufacturers.

Disclosure: Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. I may have received or intend to receive compensation for digital marketing services from these companies. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

 

Don’t Let Coronavirus Get You to Capitulate on Junior Miners! $GDXJ

Looks like #china is moving from a soft landing to a hard landing in its economy which is being impacted by #coronavirus...if global economy keeps moving toward recession what other tools do central banks have? Rates are already negative!

#rareearths are about to boom #USA will no longer be reliant on China for our strategic metals after #equifax indictment and #coronavirus concerns. $REMX

 

Could Nanotechnology Bring Down the Costs of Gold Mining Extraction?

This past year has been remarkable for gold mining investors in that the gold price has broken out into multi year highs and record highs outside the USA.  Ideally these companies should be making money hand over fist, however we are finding many miners dealing with increasing all in sustaining costs and less of a bottom line profit and free cash flow to fund resource growth or pay back debt or possibly dividends to shareholder.

We are seeing miners like Agnico Eagle $AEM one of the high fliers come back to Earth.  The CEO said, "Production ramp up in Nunavut has been slower than expected, which has resulted in higher than anticipated costs in the fourth quarter of 2019 and slight revisions to our 2020 production guidance."  

The Canadian Arctic was supposed to be the next big boom.  Since TMAC Resources became a producer in Nunavut in 2017 they have been facing problems.  They are losing a lot of gold.  Costs are way too high which means the mine runs out of money.

We need as a mining community to learn the lesson from the failures at TMAC and AEM and why they are struggling.  

To build value you have to look at Capex and payback to build operations.   

Yamana $AUY had a strong quarter but there costs are still high around $1000 an ounce.

Gold mining is not all drilling, making a new discovery and building a resource.  While exploration is exciting for speculators and big resources sell stock, the main concern is can a mine be profitable and deliver free cash flow to expand like at Kirkland Lake Fosterville, K92 and Newmont's Long Canyon which are some of the most profitable gold mines in the world now.  

With the recent breakout in gold and blockbuster M&A activity with Barrick and Randgold and Newmont and Goldcorp take all the headlines.  While drill results and economic studies get junior mining speculators, the key to the success of the industry is if a gold miner can get into production and extract the gold profitably.  Its one thing to find the gold, but its a whole other challenge to extract the gold from the ore profitably.

Extracting gold before the 20th Century was mostly done by using gravity separation placer mining.  This is like the old California miners panning in the river.  However, in the 20th Century a scientist discovered cyanide could leach gold from hard rock.  This was a huge breakthrough and makes up a large part of today's mining industry.  Cyanide leach helped the South African mines boom in the early 1900's.

Then through American ingenuity around the turn of the century two American Metallurgists Charles Merril and Tom Crowe came up with a new and improved method which added vacuums and zinc.  This Merril Crowe approach is pretty much widely used today.

For the past 100 years or so after hard rock is treated with cyanide the rock dissolves into solution and is eventually recovered using activated carbon which binds with gold molecular particles.

2020-02-14_13-02-23This is where the problem lies with a lot of gold miners.  More than 10% of gold mined is lost in this 100 year old cyanide solution using activated carbon.  This comes at a huge cost  for big producers like Agnico, Kinross and TMAC.  A 200k oz/year producer could lose over $26 million annually just lost in cyanide solution and carbon particles.

2020-02-14_13-06-34

A new company that just came public this week has an answer and its called IXOS®.  This technology uses molecular imprinted polymers instead of activated carbon that has a polymer matrix which targets specific metals like gold, silver, lithium and copper much more quickly and at lower cost.  2020-02-14_13-09-31

One of the key features why I believe miners will adopt Molecular imprinted polymer nanotechnology over activated carbon is that you can use a lot less water.  Water is a major issue in South America especially Chile where indigenous people are concerned that they will lose their drinking water.  The eluent is reusable and the size of the plant is much smaller.  Take a look at the tour of their pilot plant at one of Kinross's gold mines.

In conclusion, this new company just went public and there is already great interest in their technology.  This patented technology can transform the gold extraction industry.  Its six time faster to strip the gold from cyanide and saves the miners $100 per ounce.

2020-02-14_13-20-59

Suffice it to say, this technology is just starting to get noticed by the big producers.  The company signed a deal with Sumitomo the Japanese mining giant to market this technology to their network.

2020-02-14_13-29-43When big companies like this start to take notice it may be wise to start learning more about this new company with what could the best gold extraction technology in the industry.

Listen to my interview with the CEO by clicking here...

Sixth Wave $SIXW.CN $ATURF

sixthwave.com

 Business Inquiries

1-801-582-0559

Disclosure: Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. I may have received or intend to receive compensation for digital marketing services from these companies. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

Big News Expected in the Gold Miners Before BMO and PDAC

Coronavirus concerns and fear of a global economic slowdown because of this outbreak has not derailed the rally in the US markets.  However, base metals, oil and copper have taken it on the chin as Chinese cut back on imports.

Prices have stabilized after a precipitous fall.  The President of China just came out in public after not being seen in weeks to hopefully signal to the World things are getting better.

I hope and pray it is.  Crude Oil and Copper have been hardest hit but could be a discount v shaped reversal for those with long term bullish beliefs.

This divergence between stocks and commodities could be that both China and the USA are printing money at the highest rate ever flooding the equity market with liquidity which is going into a few select stocks.  The risk capital has not yet flowed into the commodities markets yet which is still at record all time low valuations versus the equity, fixed income or real estate market.

The wave for hard assets is coming again.  The rich billionaires are now positioning in junior miners after one of the longest and most brutal bear markets.

This multi year bear market in energy, commodities and metals comes at the same time when Central Bankers are printing money at the highest rates ever!

Deficits have soared in the past two decades, money printing is at record levels and hard assets are still ignored by the masses.

US household debt reaches new record at over $14 trillion!  Even though gold has hit new highs in all the currencies except the US dollar, the junior explorers have not been able to keep up pace yet.  But it is coming and when it comes the move will be like a sling shot and the only ones who win are those positioned.

The move is going to come.  Parabolic moves in equity markets don't end well.  Look at what happened during the dot com bubble and most recently with the cannabis and crypto crazes.  I know everyone is in tech stocks and real estate but maybe its time to just think out of the box and put a little into the neglected hard assets.

We are still witnessing parabolic moves in the US tech stocks most notably Apple $AAPL, Tesla $TSLA and Microsoft $MSFT whose market caps surpass the entire German Economy.  The Germans are moving into recession territory.

German automakers are still recovering from the Volkswagen Dieselgate Scandal and are trying to catch up to rivals like Tesla leading the electric vehicle revolution.

The Lithium stock ETF $LIT and Lithium Bellwether Albemarle $ALB are breaking out and the battery metals space appears to be heating up.

Look at the chart of Ganfeng who is partnered with Lithium Americas on the verge of a two year downtrend change and appears to be a takeout target by the Chinese who have taken majority control of their lithium asset is Argentina.

Its amazing the Nikola Motor has put out a powerful electric pickup with 600 mile range.  There will be huge advancements in battery technology.  This week we hear news of major financings in this area.  There were a lot of shorts who lost billions as Tesla rebounded.  This is not an area to short.

US Uranium stocks $URA continue to get support from President Trump who has included a special uranium reserve so that USA doesn't have to be so reliant on the Russians for everything nuclear related.

China and Russia are trying to monopolize the nuclear sector and Trump isn't standing for that.  He has put $150 million into the uranium budget to lessen USA reliance on uranium from Kazakhstan.  I am on the lookout for good uranium stories in the USA with clean balance sheets.

The Trump Administration is extremely supportive of the rare earth sector and for the US military to become less reliant on China for these magnet metals.  This week the US Government has charged China with spying on the American People.  Tensions with China are the worst in my lifetime.  I have never seen anything like this.

Listen to this unique near term rare earth producer in the USA who has interest from the US Dept of Defense as well as additional parties to start a rare earth refinery in the USA.  Remember these electric vehicles require rare earths in the motors that power the traction.  Maybe they will get US funds from recent budget?

I am continuing to search for new mining technologies that are cleaner and could cut processing costs.  This new nanotechnology being used by Kinross can replace activated carbon and capture almost 10x more gold!  It could change gold mining and just went public today.  It could replace 100 year old activated carbon, capture more gold, use a lot less water and save miners a lot of money.  Check it out yourself.

For months now I have been following this Nevada Gold Explorer which has attracted the top Placer Dome Geo in Nevada as Chairman of this tiny junior.  He has loved this project for 20 years and believes they could be onto something massive right in Northern Nevada surrounded by massive 20 million ounce gold mines.  This company is actively drilling with lots of news pending.  Insiders just participated in the financing.  Its still a tough market at the stock has corrected as the company is waiting on results.  Click here to listen a recent interview with the CEO who is well known in the mining industry and has put his reputation and lots of money on the line for this project.

A major discovery backed by Newmont in the Yukon put out a resource today and puts together years of recent drilling success.  The stock has been ignored possibly due to large amounts of copper.  But I think its a powerful story in the Yukon that has been overlooked but if gold and copper takes off this could have huge leverage and see a powerful reversal as its one of the highest grade porphyry discoveries in Canada and the World.  Newmont should continue to finance this project as they have done in British Columbia recently with that Golden Triangle discovery. 

Its been ten years online and 20 years investing in the junior mining sector.  The past 8 years have been painful for precious metal investors and its been the first real bear market I have lived through.  Its also one of the worst and most painful.  There have been many times I've wanted to quit and many times when I've felt on top of the world.  Winners are not people who never fail but people who never quit.  I believe this could be a huge turning point for investors at stock markets continue into record overbought territory and hard assets hit 100 year lows.  Remember great gains can be made but it is often after severe losses.  Its not an easy game and its not all sunshine and rainbows.  You must keep going despite getting knocked down.

The Junior Gold Miners $GDXJ are holding the 50 DMA and forming a cup and handle.  We could see a bounce starting soon.  Big news is expected from some junior miners before the annual BMO and PDAC events in early March which are the biggest mining conferences of the year.

Disclosure:

Assume Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. I may have received or intend to receive compensation for digital marketing services from these companies. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

 

 

 

 

 

 

Gold Mining Investors Returning To High Grade in Quebec

Gold has been one of the top performers over the last year and finally inflows are returning to the gold mining stocks and emerging near term producers in safe and friendly jurisdictions.

 

The rise of terrorist attacks in West Africa and the illegal blockades of established mines in South America are motivating investors to look for mines in the more friendly and stable jurisdictions.

Recently Burkina Faso is in the news as a volatile spot for junior miners as the miners complained about their safety for months but were ignored.  I started warning readers on social media in early April as a geologist was killed, then I shared the US Embassy alert on Twitter in August and then there was the horrible November attack on Semafo where 39 miners were murdered.

Most of the investment community ignored my twitter posts.

Burkina Faso has been battling Islamic terrorists since 2016, thousands are dead and they have driven nearly 500K from their homes, mining operations have been attacked.

I was once bullish but started moving away in 2019 focused on North America.  One area that has been our favorite is Quebec especially the established Cadillac Break Trend where more than 75 million ounces of gold have been produced over the past 100 years.

The gold in this area has simple geology that goes from surface underground and straightforward metallurgy with over 10 mills nearby looking for ore to process.

There is an established mining labor camp and high powered electricity that runs right through the major intersection of the mills and mines.

Some of these juniors have recently spent a fortune going through permitting and resource calculations but are still priced near bear market lows unlike gold which is at new all time highs in Canadian dollar terms.

This little junior recently has spent tens of millions developing a resource but recently hit a lot of high grade.

The little junior with just a $12 million market cap believes they have just hit something big and could expand the grade and size to be possibly up to 2 million ounces and up to 10 grams per ton is their near term goal.

Because this little junior has gone through a few cycles they are more advanced being fully permitted which took the company two years and six million dollars worth of studies.

There are eight mills in the area with three of them shut down as they are desperate for new growing discoveries.

This company has not only production potential and exploration potential but another unique aspect.  Because of the excellent technical team they have payed out dividends to  shareholders.

The little junior spun out an excellent silver play in Canada which has been a top performer.

This company could be a takeout target as they are permitted for production and can ship ore and make money yet are only valued at a $12 mil market cap.

They can also start drilling more aggressively with these higher gold prices as they have not yet really drilled this new high grade structure that they just found where they hit 33 meters of 11+ g/t material.

These Quebec miners are good at what they do and they just announced the start of a bulk sample and have lots more news pending…

The chart looks excellent with a breakout gap that has recently just been filled and a golden crossover of the 50 day and 200 day moving average.  The downtrend from $1 appears to have a good chance to break to the upside.

Stock is currently 15 cents but with gold breaking out into new highs and if it can get back into production and more high grade is found there is no reason it can't at least test those highs again???

Listen for yourself by clicking on the following Youtube link to an interview with the CEO who is world class metallurgist from McGill University.

PS...I just found another extremely rich gold mine on Cadillac Break that our friends and brilliant mining investors Rob McEwen and Michael Gentile are buying.  The cup and handle chart looks amazing and insiders have been buying.

They have $8.5 mil in cash and 20k meter drilling campaign underway with news starting to return and pending.  Management is confident that model is on its way to find the high grade bonanza area...Remember anything over 5 g/t is great in this area...this little junior is hitting over 50 g/t but no one knows about it yet.  This little junior is currently valued at pennies to the dollar when comparing to others in sector.  Listen to my recent interview by clicking here...

Disclosure:

Assume Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. I may have received or intend to receive compensation for digital marketing services from these companies. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

8 Gold Miners Showing Relative Strength Despite Coronavirus Scare

As the #coronavirus hits global #stockmarkets investors look to #gold and the highest quality #goldminers showing great relative strength on a cloudy day!

Files crossing my desk showing flight of quality capital into some gold miners we follow including $FNV $LUG $TGZ $GCM $BTO $YRI $KNT $GTT...all these companies are larger cap situations and not many juniors are participating with the gain in safe haven gold and US treasury bonds.  

Investors are obviously looking for liquidity is cash and gold today due to the outbreak of the Corona Virus, bombings at the US Embassy in Iraq and the major push of the Democratic party to impeach Trump before next election.  

I did notice recent insider buying some juniors like $BRC $RDS and insider selling in $TSG.  Insider buying could be a good signal of positive things to come!

The rally in gold is just getting started after a four month bull market consolidation.  Some of the traders I speak to think we could be near $1800 USD by PDAC.  Notice the recent decline in equities from the coronavirus scare.  Any little Black Swan could send equities from these lofty levels and reverse the algorithms to hit sell button.  That is what happened once during a flash crash.  The downtrend of gold stocks versus the Dow stocks could be ending.

 


Look at some recent financings by smart investors like Rob McEwen, Ross Beatty and Eric Sprott.  These are not young men but they are taking big risks according to the mainstream who are just encouraging equities and fixed income.

1)These are the gentleman with deep pockets that can resurrect companies from the dust.  Notice Rob McEwen just made major strategic investment in one that I have followed all year.  Listen to me speak to this great Quebec team where insiders are buying.  Its the highest grade undeveloped gold project along the #cadillacbreak in #quebec.  I think they are onto an area of the mine that could produce blockbuster results in 2020.  They are in the midst of the biggest drilling campaign ever on the project.

2)Another area which I've highlighted for months palladium has attracted the interest of billionaire Eric Sprott.  He recently invested in a junior I featured for months in Ontario which recently came out with a PEA with a Value of close to $900 million at $1,275 an ounce Palladium.  Palladium is trading over $2k recently and could go past $3k.

3)Coeur Mining has now come into 3 juniors after I have featured them to my readers.  Coeur is a NYSE producer and has one of the smartest mine development teams especially when it comes to gold and silver.  They recently came into this micro cap juniors project which could be another mine right down the road from their Silvertip Project which Coeur bought 2 years ago for around $200 million.  Its trading around 5 cents now!

Assume Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. I may have received or intend to receive compensation for digital marketing services from these companies. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

 

 

 

 

GO USA! First New #Copper Mine in USA in 10 Years

For many years Gold Stock Trades has been at the cutting edge of new trends like the electrification of the automobile and a resurgence of mining in the USA for precious and battery metals.

I have searched high and low for the best US mineral assets which can supply gigafactories with the much needed metals needed for electric vehicles and technology.

I have written to some of our top leaders to start developing and incentivizing a return to US mining and manufacturing for the following reasons.

We have become energy independent with regards to oil.  Nevertheless, we import our most important metals like uranium, copper, rare earths and lithium and are totally reliant on foreign countries to supply a whole litany of the periodic table.

This comes at a huge cost.  A major legal case has been launched against the largest tech companies such as Apple, Google, Microsoft and Tesla for using child slave labor.

Families are seeking damages for their relatives that were killed and maimed to provide the materials used in smartphone devices. 

This is the first such case and should bring more support for mining in the USA rather than in other places which take advantage of children.

Demand for copper and cobalt is soaring but a lot originates from areas with extreme poverty and no labor laws.

Washington DC is seeing a push led by President Trump to boost domestic mineral production, development and exploration for the first time in decades.

News came out recently in our sector that a junior copper producer has started mining again in Nevada.  Its the first new copper mine in the USA in over a decade.  

The mine could produce around 27k tonnes of copper annually at a cost below $2 and mine life is at least 13 years but they are also drilling and discovering a lot more copper at surface which is open pit amenable.

This means they could expand significantly and have first mover advantage.  The automakers are all looking to expand their battery and electric vehicle making industry in the Western USA.

This demand growth is going to require a lot more battery metals more specifically copper which has not yet moved like gold and silver but could have its day soon possibly turning the corner to hit new highs.

The stock is forming a cup and handle and has broken out above the 200 DMA which is technically bullish.

Listen to my recent interview with the CEO of this new copper producer in the USA...the first one in 10 years!

Please note for full disclosure Jeb Handwerger is a shareholder and they are a Goldstocktrades.com sponsor that means I have a conflict of interest.

Assume Author (Jeb Handwerger) owns shares and that I want to sell them for a profit. I may have received or intend to receive compensation for digital marketing services from these companies. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.