Metals/Juniors movin'................. move comin's
posted on
Apr 09, 2009 11:17AM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Hi Boys, Two tings ta points out ta ya: 1. Da Rock issa seeing metals/Juniors activities movin’… See ma blog post following…….Dr copper very strong 2. CMM, PRZ, KWG 2 outa ma 3 picks…….makin’s significant moves………KWG issa next! Just da way I see dat! HardRock
=========
Rock Charts...& Chatter
Da General Market shapin's up well dis morn..................
Gold ..........issa in a holdin' pattern................
Summary from previous postin'.........Word o' Ken Fisher.........
1. General markets rebound inna V................seems ta be happenin'
2. Sector dat fell heaviest inna Fall 08....................bounces most inna Spring 09..........seem ta see dis for metals/oil/minerals etc.
.....'ere's link ta Fisher's full outlook report:
http://www.fi.com/weballey/thankyou.... = GDM Bullish Percent Indicator
Gold Corp - Big Gold:
..............issa Free.......buts yas gotta gives name, emails etc.
3. Stock market always........................leads.... ta see dis inna DR. Copper..
So Gold lucks ta ya alls dis spring!!!
Just da way I see dat!
HardRock
====================================...
da Rock issa using dese charts ta keep regular tabs ..........onna ma subjects o' interest ta moi.
ma interests are:
- Gold/Silver
- Copper & base metals
- Marginal miners......wit possible big gains
***** comments 'ere issa only fo' entotainment reasons...
.....................Not financial advice******
Kitco Gold - 48 hrs:
* Gold steady inna $870-$890 Range..........may be times ta buy now; iffa ya gots cash
* USD issa da last currency ta register..........Gold peak.........already at records inna other currencies
Price o' Gold:
Proxy fo' Gold Price
* Gold bounce .............onna 200 dma
* da Rocks guess.............issa dis issa time ta load.............agin
HUI - Gold Bugs Index:
Popular 15 unhedged Gold Miners
* Golden Cross (50dma crosses 200dma) hits da droppin HUI price???!!!
* Holdin @ 290~ 300........waitin' fo' next move.......buys time agins
Gold Stock ETF:
34 Gold/Silver Miners
* GDX hits 200dma..............low point 'ere anna bounces
HUI ta Gold Ratio
Gold Stocks leads Gold inna Bull Run
* Ratio movin' up agin...........Stocks lead gold
Trend indicator fo Gold Miners
* comin' down ta sit onna 50dma
Unhedged anna inna Cannuckland
* Now fallin's back............must be fully priced................movin's ta Mid Caps
* Bounces onna 50 dma..........interestin'
Century Mining - da Rock's Fav:
Hi-grade mine inna Canuckland
* Biggest moves by marginal players; dis guy issa gettin' less risky.......
* Dis mine ain't marginal.............da management is; perception issa changin' by market participants
* Awaitin' financin' fo' mine restart; nows gots 2 backup financin' options
* Still expectin' Mo' Big Mover.........da Rock
* Seems market...........issa re-evaluatin' dis CMM..........dumpin's da Anchorin' anna Representativeness....hope so.........anyways
* Apr 6 - mo' Gold found 300m away from open pit..........no-brainer
* Great lookins chart..........10% move yesterday..........
====================================...
Other Charts
Silver ETF:
* Golden Cross happens............da Rock expects Silver rebound from support.......like Gold.......maybe support around ~$12
* Movin back up offa $12
US Dollar:
* US dollar showin's surprisin' strength
* Good fo' Gold ta move wit US$
Oil:
* extremely bullish moves up
* Well breaks $50.......anna recovers sharply..................da Rock likes dis types o action/Move!
Doctor Copper:
Da Dr. leads anna predicts da economy usually
* Dr Copper issa just showin' strength onna strength
* Many reports from China..............positive fo' copper
* Copper looks poised ta break $2.00........whatsa it tellin' us???
Ring O' Fire - KWG
Chromite, Diamonds, anna VMS Copper/Zinc/Lead/Silver fo' literally a few pennies
* Rock Alert fo' yas.......Cliffs Natural Resources CLF owns 19% o' dis guy (NUE is rumored biddin' on CLF).
* Chromite 'ere is real ................anna could be worth Billions.....$100 big ones shared by NOT, FWR, KWG, SPQ..............anna maybe others PRB, BMC, FNC
Placer Gold Production - PRZ
- 350 ton mill inna place
* Big 100 % move up!!!
* Just annouced $2Million JV wit Eagle Plains EPL fo' gold production
* Should move up wit betta weather anna production
Dats a wrap fo' Now!
HardRock