Macro>Micro>TA
Macro - Gold and Silver are macro positive right now in the stagflation trade
Micro - The company has massive amounts of silver and gold at low grade but at the current gold price and soon to be silver price it is cheap.
T/A - a triangle is forming off the last run. lower highs and higher lows.
This stock had a pop from sharing a name with...
Chesapeake Gold Corp. engages in the exploration, development, and recovery of precious metals. The firm develops Metates project in Durango State, Mexico and generating a pipeline of exploration projects in north western Mexico. It also has operations in U.S. and Guatemala. The company was founded on April 18, 2002 and is headquartered in Vancouver, Canada.
UPSIDE TARGET $4.80 OFFERING A 40% UPSIDE POTENTIAL GAIN.
Chesapeake Gold Corp. engages in the exploration, development, and recovery of precious metals. The firm develops Metates project in Durango State, Mexico and generating a pipeline of exploration projects in north western Mexico. It also has operations in U.S. and Guatemala. The company was founded on...
Golds pending soaring action will of course help most stocks that have or will post revenues beat. One region to watch will be companies that have some or all development in Mexico and South America as lower inherent costs in these regions will drive higher sales and revenues.
The Gold stocks that are below 3.50 are risky and highly volatile, particularly as many...
