HUI 60 Minute

almost at a point 6

Flag is maturing…could go either way…I suspect UP

Norvast has Gone Lunar Again

Consolidation Time in the US Stocks

Canada Day 2018 is going to be a Big Party

Thanks for the heads up Psych King…My WEED was smoking up today 11%.

Gold Tent Wars

TA (Technical Analysis), we can all agree is a wonderful thing ,

If you are involved in any Market ,any timeframe come to Goldtent TA Paradise to share , teach , learn or just observe “Those With Charts.”

Your chances of making good trades improves however , with at least a working knowledge of TA in at least One of it’s subforms. The focus here is Chartology , Cycles , Momentum Indicators, Moving Averages (all connected and subsets of Edwards and Magee) and to a lesser degree Elliot Wave ( pun) and others.

We are fortunate to have attracted many different Technical Analysts in the Goldtent Community

Each one brings their own unique work and reading and together with other contributers, in the spirit of all for one and one for all , many great calls are made and readers are kept on the right side of the markets for the most part. This of course benefits readers as all possibilities are examined and allowed to be critiqued.

Many of us have been at this long enough to have settled on a place like this as opposed to many other forums which tend to be confrontational based.

We’ve had and see enough of confrontations and ego clashes.
Having personally been in the middle of those enough times I am happy to finally remember ..its all about Learning to Trade Successfully, Ego’s are left on the camel, outside, in a bag hanging from his hump. Yes two Humps IS better than one . 🙂

So anyhow the Guys have different perspectives and right now they are quite different…which can be unsettling.

Let me try to summarize each ones position here. remembering everybody has their own unique trading profile, which is any % split of

Long Term Holds ( Years and decades)
Mid Term Trades( Months and Years)
Short term trades ( Hours and Days)

Some of our contributing guys have a large enough following to have attracted their own Pay site and some just tell us their thoughts and show us their charts for free. That’s the kind of community this is, all levels from beginner to pro are welcomed and respected.

Having said all this Kumbya . We reserve the right to delete posts or posters that confuse or don’t fit . That always lands the moderator in hot water. whats the current thinking ? ( feel free to correct or expand in the comments)

March 27 2017

Stock Market:

Rambus…..Consolidation of recent strong gains is at hand but mid term the targets are much higher.
Spock…….Sees Higher Mid term.
Surf……..Short term bearish
Norvast….Bullish Mid term ( convincing cycle work)
Eagle……Leaning Bearish short term
Graddhy…..Bullish Mid term

PM Market:
Jordan (The Daily Gold) …..Weak for a while longer then later in the year Strengthening.

Rambus…………Long Term…TBD…There is a good case for long term bull
……………….Mid Term….If 1100 is breached there are obscene targets to the down side.
………………( cant post here as its PG13)
……………….Short term…could go either way, tight leash , be nimble.

Eagle….Generally bullish and prefers trading from the bull side…but watches every minute of the day for signs.

Surf…..Short Term is the focus….Cycles top in Gold may be approaching , and Bottom in USD overdue. However the character of the cycles are to be determined following this short term out come.

Plunger…Has been bearish of late , his unique work with blending his study of Market Psychology and History and Rambus Charts, has him thinking …The kick in the ass to Gold Miner Investors wasn’t hard enough and we need to revisit the lows or a little above to really wash the sector out and destroy optomism …ie…he is still thinking the real comical selling lays ahead. Long term he is a Goldbug…a practical one ( RARE)…Plunger has had the hot hand lately ( see Plunger Nailed it on the sidebar) and is followed at the Chartology forum. ( Rambus Membership Perc.)

Norvast…Mid Term and Longer Term Bullish with specific dates and short term cautious.

Spock….Bullish in all time frames and patient ( the KEY)…. As his belief is we are buying Good Miners at the greatest bargain prices , maybe ever. Just look at the historical mismatch between the miners and gold…its pathetic…opportunity knocks but once. Oh and btw he has connections to some attractive Private Placements (where you buy the stock below the market price) and is a long termer in the funding of miners…ie ..knows the players. His service was rushed into production at the beginning of the 2016 7 month Gold Rush and is , despite the drawdown since still up Very substantially. However this was a mixed blessing as some members are in this for a quick hit and cannot stand the draw down that must be weathered to make serious money. However to their credit MOST members have stayed the course and intend to do so.

caveat…do not enter this mini miner sector without honest guidance or with money you cant afford to lose or need to use .

Graddhy…Extensive work on the currencies has him bullish on Gold in all time frames…One of the first to become bearish on the dollar..

pedro-deleon….Elliot Waves and some other proprietary work has him..long term bearish…short term bearish …mid term Bullish
do I have that right perdo ?

Now I am out of time…there are many other highly valued and well stated cases here.
You know who you are…Some New some veterans

Please post your take in a comment…everyone welcome :

Here are the associated Sites:


Spock Miners…..

Spock Global….

SurfCity and Norvast…

Jordan / The Daily Gold… ( Not associated with goldtent but highly recommended service)

Thanks all

Fully for

Goldtent TA Paradise

Dollar is Hard to Kill !

Washer’s happy

Big move in Pot Stocks Today

WEED up 11%

NXS Promo

From David Joseph:

Disclosure: Many Spock Members have lots of this one via a Spock Private Placement so I like it !

Nexus Gold Becoming a Preeminet Gold Explorer in Burkina Faso

Becoming A Preeminent Gold Explorer in Burkina Faso

Nexus Gold Corp. (TSX.V: NXS / OTC: NXXGF / FSE: N6E) is building a portfolio of gold projects in Burkina Faso, West Africa that offer significant discovery potential.

In early 2016 Nexus took notice of the significant gold potential being realized throughout the country of Burkina Faso by other junior miners. Recent notable successes include Roxgold’s (TSX.V: ROG) Yaramoko gold discovery, SEMAFO’s (TSX: SMF) Mana Mine (produced 240,200 ounces of gold in 2016), and Endeavour Mining’s (TSX: EDV) Houndé mine (nearing construction completion and anticipated to produce nearly 200,000 ounces of gold annually).

With its sights set on Burkina Faso, Nexus worked diligently throughout 2016 and was rewarded with two strategic acquisitions- the 178 square kilometer Niangouela gold concession as well as the previously explored Bouboulou concession. Both projects are located within the highly prospective and greatly underexplored Boromo greenstone belt.

Nexus also retained a top technical team led by P. Geo. Warren Robb, who knows Burkina Faso well having previously served as Chief Geologist for Roxgold where he supervised field exploration and diamond drilling on the Yaramoko gold discovery.

Niangouela Gold Concession

Late in 2016 the Company closed on a district-scale size land package located in the heart of the Boromo greenstone belt. The Niangouela concession is fully accessible by road and located just southwest of Nordgold’s flagship Bissa-Bouly mines, which collectively produced 214,000 ounces of gold in 2016.

Led by Robb’s intimate knowledge of the region, the Company got right to work at Niangouela mapping, sampling and completing the first ever drill program on the concession.

Initial sampling of quartz vein material taken below surface from an artisanal shaft assayed 2,950 g/t gold. This was followed by a Phase I drill program that has delivered promising results thus far, intersecting gold mineralization in eight of nine drill holes. Initial assays have reported 26.69 g/t gold over 4.85 meters (including 120 g/t gold over 1.03 meters) in hole NGL-17-DD-008.

“These results are encouraging and complement our earlier sampling program extremely well,” says Nexus Senior Geologist Warren Robb. “The first samples we reported established the presence of high-grade gold in the quartz vein. Of the first nine holes we drilled, three have returned visible gold. We have now established additional high-grade mineralization, not only in the quartz vein, but also in the shear zone. Given that the shear and the quartz both show significant grade, our drill efforts will now focus on delineating additional mineralized zones up and down the strike length, and the higher-grade shoots that could be contained within it.”

Commencement of a Phase II drill program is already planned and will immediately commence following completion of the expanded Phase I program. Nexus plans to test a newly identified zone of artisanal workings that occur along strike of the main shear zone and 800 meters east of the Phase I drilling area.

Bouboulou Gold Concession

The Company has also acquired the 38-square kilometer Bouboulou concession, which was explored as recently as 2012. Nexus believes that historic work done by Roxgold (see 43-101 Technical Report authored by Robb in 2010), BHP Minerals and Boliden have only scratched the surface of Bouboulou’s gold potential.

Historic regional exploration by Boliden outlined a broad north-east trending gold anomaly traced for 13 kilometers. Roxgold later drilled four mineralized zones within the trend. Highlighted results included a 40 meter intercept of 1.55 g/t gold and a 10 meter intercept of 2.84 g/t gold (including 2 meters of 12.45 g/t gold).

Since acquiring the concession Nexus has compiled historic data and identified three anomalous gold trends not tested by previous operators. Each trend is believed to extend up to 5,000 meters in strike length and confirmed by numerous zones of artisanal gold mining and geochemical samples grading greater than 1 gram per tonne gold.

Nexus has outlined plans to test the potential of these targets and is slated to commence a 2,000-meter diamond drill program at Bouboulou during the second half of 2017.

The Path Forward

Nexus will continue putting money in the ground over the next 18 months, with drill programs planned at both concessions along with continued regional exploration.

“Burkina Faso offers excellent discovery potential and the government is highly motivated to continue permitting and building mines,” states Nexus Chairman of the Board Alex Klenman. “Our team is seasoned in the country and our concessions host numerous high priority targets. We hope to delineate high grade gold deposits over the coming years and maximize shareholder returns in the process.”

Shares of Nexus trade in the U.S. under the ticker symbol NXXGF and in Canada on the Venture exchange under the symbol NXS. The Company is funded with approximately CA$ 2.1 M in treasury along with potential proceeds from warrant exercises that would total $ 3.1 M.

To learn more visit

HUI 60 min Update

We hit point 5…now will we break thru…very Bullish

or do we go down to a point 6 ?

Surf’s Up

Important Cycles Take from Surf City.

I agree with his assessment of the Miners here