KL + 1.68, HHK + 6.63
Anything up with the miners?
CANADA STOCKS-TSX ekes out gains amid U.S.-China trade optimism
April 14 (Reuters) – Canada’s main stock index edged higher on Tuesday, following a three day slump, as upbeat comments from Washington and Beijing calmed nerves over a further escalation in their trade war, which has kept global financial markets on edge.
* At 9:35 a.m. ET (1335 GMT), the Toronto Stock Exchange’s S&P/TSX Composite index was up 19.15 points, or 0.12%, at 16,212.56.
I finally put half my portfolio in KL. I was tired of making some profits, selling, only to see it climb again. It’s a momentum stock that former chairman Eric Sprott, now retired from KL, says will be $96+ by 2022. That’s enough for me. Fosterville cost per Oz is $300! Now Macassa mine could prove to be a monster. 8 min mark.
https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-51019
It pulled back pretty good early in the week, I figured profit taking. But then a nice couple days.
Let’s hope Sprott is right. Thanks!