ALL VALUES IN US DOLLARS
One of the biggest differences between a professional and an amateur is that a professional is willing to bet a lot to win a little and an amateur is always looking to bet a little to win a lot. -Teddy Covers
Abcourt has started the year well, exceeded two important levels of resistance and is laying the groundwork for a breakout with initial and secondary targets at .05 and .07 respectively. Posture: Adding.
American Creek has suffered an elaborate pump-and-dump scheme for which it appears no prosecution is coming, but its pre Cunningham fundamentals remain unchanged. In my opinion, the catastrophe was a blessing in disguise for patient investors. I’ve been adding at current levels. Posture: Adding.
First Majestic has found substantial support above 5.50 since January and I consider any monthly close above its March close a breakout with an initial target of 7.80. Posture: Holding.
Anglo American Platinum is currently testing its March breakout and a monthly close at the current level is supportive of probes higher in the year to come with an initial target at 7.20. Posture: Holding.
Africa Oil price action is largely sideways. Until it closes above resistance at 1.45, I consider the stock range-bound. Posture: Holding.
Ares Strategic Mining remains range-bound and without a meaningful bid. It needs a monthly close above .15 for its technical picture to change. Posture: Holding.
Atico has enjoyed a recovery from its lows and has reentered a range established in 2024. Resistance is overhead at .08 and .09 with a move above .10 considered a breakout with an initial target of .14. Posture: Holding.
AuMega price-action is sideways. A breakout above .03 opens the door to .05. Posture: Holding.
Like AuMega, GT Resources price-action is sideways. Posture: Holding.
Canstar has enjoyed a healthy bid for several months; it has met and exceeded its first target at .04 and is consolidating, perhaps in anticipation of a move to .06. Posture: Holding.
Dakota Gold is retesting its breakout at 2.60. If it remains well-supported, at current levels, it has a good chance of rising to its secondary target at 3.89. Posture: Holding.
Eloro is well-supported and continues to consolidate on the back of resource expansion. Resistance ahead at .72 and .83. A close above .93 is equivalent with a breakout. Posture: Holding.
First Mining Gold has broken out and hit its first target at .12. A sustained break of .12 opens the door to .16. Posture: Holding.
Gander Gold, like its peers, is trending sideways. A move above .11 would bode well for the issue with a test of .15 by the end of the year not out of the question. Posture: Holding.
Gunnison Copper, with production on the immediate horizon, is in excellent shape, especially in a copper-supportive climate. Gunnison represents excellent value at current quotations. Posture: Holding
Barrick, the old stalwart, has lagged its peers dramatically, but just added yet another $1B to its balance sheet with the NovaGold deal. The stock is the poster child for value at current levels and a firm monthly close above $19.70 opens the door to $24. Posture: Holding.
Goldstorm appears to have found a floor above .05 and has spent the year testing and failing at resistance. A close above .07 opens the door to .11 and then .12. Posture: Holding.
Guanajuato is under serious accumulation and appears poised to rocket out of its base through .16 and points higher if and when silver takes out its March high. Posture: Holding.
GTE has reversed to the upside from below support at 4.11. A lot of resistance overhead, however. Posture: Holding.
Hecla, like First Majestic, is well-supported. A sustained break of 6.11 opens the door to 7.30. Posture: Holding.
I put Impact Silver in a similar camp as Guanajuato, but it also needs substantially higher silver prices and sustained buying to mount a meaningful move through overhead resistance and open air above .19. Posture: Holding.
Lucara: we continue to buy through UG development, overall upstream inventory glut and persistent secular slowdown in China, one of the industry’s largest end-consumer markets. Posture: Holding.
Metallic Minerals has enjoyed a breakout and has preserved its bid tone this month. A move through .21 opens the door to .35. Posture: Holding.
New Found Gold Corp. hovers at critical support. No reversal can be confirmed for the stock until it closes above 1.30 on a monthly basis. Posture: Holding.
Exploits continues its slide with no indication of abatement. Failure here opens door to .01. However, were it to find a bid and retake .03, you might see Exploits attempt tests of .04 and higher. The company is in a fairly good financial position at the moment and has no debt, so I may add here while it is lightly supported. Posture: Adding.
Labrador has built a substantial base and has spent three consecutive months testing resistance. A sustained break of .08 opens the door to .12. I’m a continued buyer while it languishes. Adding.
New Age Metals continues its sideways price action while the PGM complex consolidates. Patience will reward holders of the stock over the next 24 months. Posture: Holding.
We’ve been long-time owners of Treasury/Nexgold. Its price action has been constructive this year with a test of its breakout level at .55. A close above opens the door to .63 and then .81 if a general bull market gets underway. Posture: Holding.
Touchstone is fishing for support but has not yet found it. A break of .25 opens door to .21. Posture: Holding.
Stillwater Critical Minerals is determined to probe higher following this year’s breakout. A sustained move above .15 opens the door to substantially higher prices in a PGM-supportive climate. Posture: Holding.
PetroTal has taken a hit with the rest of the oil complex, which itself has not yet found support. I don’t have any intention of adding at current levels. Posture: Holding.
We’ve begun to buy back our old favorite, Paramount Gold Nevada while it forms a new base and gently tickles resistance. A close above .41 lays open the prospect of a breakout in a favorable environment at .45. Then all bets are off. Posture: Adding.
Seabridge is also a new holding and we like it quite a lot at current levels while we anticipate a KSM JV announcement soon. It has so far probed and been rejected at resistance levels 12.44 and 13.47. Posture: Adding.
Sibanye is a bellwether for the PGM complex and its March breakout bodes well for its peers. We expect the next 2 years to prove constructive for the stock. Posture: Holding.
Sokoman is taking a breather from its early year run where it met with substantial profit-taking. Once again, it’s finding support at .03 and should trade higher when (if) the space trades in a general way with gold. Posture: Holding.
Earthlabs: Great bid tone and what looks like an effort to close this month above resistance at .1259. Breakout lies ahead at .135. Posture: Holding.
Summa Silver probed and was rejected at resistance and has returned to its annual pivot. I like the story and continue to add on weakness. Posture: Adding.
Sassy Gold sits at critical support and is awaiting a bid. No further comment. Posture: Holding.
Steppe is on fire and has busted up through its first target area at .56. Our next-level target for the stock is .70. Posture: Holding.
Tag Oil has gained traction and mounted a reversal following a sale of its New Zealand royalty interests. Posture: Holding.
Tudor Gold is trading in a tight range which we’ve witnessed before prior to significant moves. The bias is up, but only time will tell. Holding.
Where Tudor goes, Teuton goes, so, ditto. Posture: Holding.
International Tower Hill has been livened by gold, but lags with the bulk of the development-stage names. It will have its day. It is well-supported. Posture: Holding.
Tomagold has a full docket of activity this year, so worth watching. You never know. Posture: Holding.
Trillion Energy is also fishing for support and has found a little bit here at .02. We’ve been buyers on back of good reserve growth and planned production ramp-up. Posture: Adding.
Total Helium is dead in the water. No catalysts on the horizon. But being helium, catalysts appear out of nowhere to lift shares. Posture: Holding.
Americas Gold & Silver has an excellent bid with volume and has established a trend in lockstep with gold. It will be interesting to see where it goes over the next 18-24 months. Posture: Holding.
West Red Lake has taken out resistance and has made an attempt at the .52 breakout level. A monthly close above resistance at .49 bodes well for the stock. Posture: Holding.
