Liking this 1.8B mining stock for play on gold and silver after copper play. Optimism in my Fibonacci chart abounds, but with all the policital rhetoric during COVID has me liking silver over $21/oz. going higher, and gold going higher, and copper has turned the recent corner. How easy is it to quadruple $0.90 in your pocket? Playing this over next 2 years.
Your basis cost to mine stays the same, but the profits sky rocket with increasing return on yield in AU-AG-CU. Awaiting Eric Sprott buying into this one can be your other reason, but he's buying into Nickel mines for the moment (#batterymarket). Hedging volatility in future markets when NASDAQ DOW S&P500 not in sync as well. Just drives up the edge in this one vs semi-inflated pure gold or silver plays. NYSE:KL
EXK
GOLD
SCCO
NASDAQ:PAAS
SVM
SVM
KRRGF
Your basis cost to mine stays the same, but the profits sky rocket with increasing return on yield in AU-AG-CU. Awaiting Eric Sprott buying into this one can be your other reason, but he's buying into Nickel mines for the moment (#batterymarket). Hedging volatility in future markets when NASDAQ DOW S&P500 not in sync as well. Just drives up the edge in this one vs semi-inflated pure gold or silver plays. NYSE:KL
EXK
GOLD
SCCO
NASDAQ:PAAS
SVM
SVM
KRRGF
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This one died on vine today. Part owner Rio Tinto not so optimistic on funds needed to mine this one out (investment) as was TRQ themselves. A big dive today, closed out. 50% gain wiped out on bad news. KRRGF next play, nickel turned gold mining stock and hauling it in. Eric Sprott bought in last month and originally bought as Royal Nickel before name change.