Goldtent TA Paradise

Armstrong on Mining Stocks!

1. Spock says:

   June 7, 2016 - 10:37 am at 10:37 am

   No chance. These people, and many others in the space, have very little understanding of the exploration and mining game. Most have never got their hands dirty down a mine shaft, or looking at rocks in Africa, for example. Ex bankers and derivatives traders sitting in an office in USA, with algos and computers such as Hal, without mining experience and depth of knowledge, do not have a hope in hell in understand how the sector works, and where the best value is to be found.

   • Mamare says:

     June 7, 2016 - 10:45 am at 10:45 am

     I know it well, but I could not resist to post when I saw the armstrong table listing the stocks,it seemed stolen from yours! Socrates vs Spockrates 🙂
     Anyway he seems not so bearish on Miners as he is on Gold (at least short term).

2. DaveintheUK says:

   June 7, 2016 - 11:31 am at 11:31 am

   Presumably this is MA’s current list and not an action replay of a while ago.

   The one that caught my eye was the bearish view on Pretium.

   It would be interestng to see what happens to his longer term (monthly) calls on Pretium, Coeur Mining, Perseus Mining, Agnico-Eagle, Anglo-Pacific, Buenaventura, Eldorado Gold, Endeavor Silver, Gold Fields, Hochshild, Teck, Vale, Yamana, Randgold, etc. Since there is a snapshot here, it would be interesting if we ever get to see this selection again at a later date. Some of the above he is BULLISH, others expecting waterfall decline on longer term view.

   Looks like MA is turning sort of bullish on some base metals miners and diversified miners.

   The color scheme is a little strange because there are some green and one red Bullish calls on the spreadsheet, some in CAPITALS and others in lower case. He is trying to tease us.

   • DaveintheUK says:

     June 7, 2016 - 11:36 am at 11:36 am

     I don’t know how far the food chain he goes in his list because I am not fully familiar with all the names – but I wonder if he is using the same model for major miners, intermediate miners , streaming/royalty companies and junior (or not so junior) explorers/developers.

3. Mamare says:

   June 7, 2016 - 11:48 am at 11:48 am

   Carolynsue once said(probably correctly) that in a bull market even the junk go up with the tide,it seems her beloved MA doesn’t think like that.

   • Carolynsue says:

     June 7, 2016 - 12:17 pm at 12:17 pm

     ‘A rising tide lifts all boats’ isn’t a quote from me—that screen shot is 100% Socrates’ Trader output -I think it is a $3000/year offering of Armstrong Economics/Princeton Economics offering…not sure whether each $3000 subscription allows one to select one’s favorite stocks for Socrates to track

4. YYZ says:

   June 7, 2016 - 12:15 pm at 12:15 pm

   I think she got a divorce, should maybe let it lie.

   https://goldtadise.com/?p=372642#comments
   #3

   • Carolynsue says:

     June 7, 2016 - 12:20 pm at 12:20 pm

     No I’m a Big, Big, Big Fan –I’m just retiring from trying to defend MA and Socrates from pot shots and slurs of all kind