Category archives for: Precious Metals

The Lake Shore Souffle has gone flat

At this point all the good news looks like it was baked into the souffle and since January the air has leaked out of the fluffy dish.

The bigger the base the better the case

According to seasonality expert Brooke Thackray the period of seasonal strength for gold is mid July through the beginning of October suggesting that you could be well served to put GLW on your watch list in anticipation of a move later in the year.

The Beta the better

Until the MACD turns or we get a bounce off the 200 day moving average YRI is in a downtrend and the trend is your friend till it ends.

Avion on the tarmac

With increased drilling on their poperties to expand their resource base, and assuming that they can meet their production target of 100,000 ounces this year AVR looks well positioned to advance over the next 12 months.

New broom sweeps clean

From the indicators that I follow PTQ looks like it has a good chance for a further advance from these levels.

Downtrend is broken

At this point they have not yet determined if the resources are economically exploitable so they have to continue to drill up their deposits and expand their resource base.

Silver down Mexico way

When I looked at the charts they gave me the incentive to look deeper into the opportunity.

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