Goldtent TA Paradise

Junior Nexus Gold NXS @0.11

1. Bikoo99 says:

   August 16, 2019 - 6:52 am at 6:52 am

   What is happening with SEK it is building a base?

   Time for back up the truck and load it up?

2. Mserr says:

   August 16, 2019 - 7:20 am at 7:20 am

   On sek the obv and ema have been broken above the 30 week ema as well. Been watching both these
   Stocks and had the same thought you did

   • Karl says:

     August 16, 2019 - 9:08 am at 9:08 am

     These and many others may do well and could deserve to do well or not. I do not want to comment on the specifics.

     My own strong impression however is that one might be safest to look at ones that had something in their charts to be a little optimistic about back before the current enthusiasm. Or at least ones that were doing less poorly than I think SEK and NXS were doing. Then maybe (if there aren’t red and yellow flags) buy on pullbacks or buy if no one seems to have noticed them yet. Nice also to check how much cash they have and the other stuff.

     My own prejudice is that there is some relative safety in ones that looked somewhat buyable 6-12 months ago if you look back at the charts back then. NXS and SEK maybe weren’t in my opinion. But watch these 2 go up by a factor of 1000 in a year to prove me wrong. I can be plenty wrong! Often!!!

   • dyu626 says:

     August 16, 2019 - 9:13 am at 9:13 am

     Spock resigned as a Director of secova in June 2019. Wonder what happened. Obviously is secova is hurting for some cash so they raised a PP and I believe the latest announcement mentioned they’ve gotten 4M shares subscribed out of the total 16M shares offered in the financing.

     That’s all I know. Might just double my position at these current levels since I’m sure we all took a 90% drawdown in the last few years. It won’t even cost capital to double my position lol. Sad

     Can this be the paladin of gold miners hahah

3. Alex33 says:

   August 16, 2019 - 10:34 am at 10:34 am

   Never add to losing positions, especially with junior mining.

4. Mserr says:

   August 16, 2019 - 11:43 am at 11:43 am

   I’ve gone back and looked at the fundamentals you know. Management property etc

   Given the peak gold discussions going it seems juniors with properties with significant golf would be winners

   Secova with the windfall property has to be of interest to osk

   Then nexus just seems to have multiple properties with the African properties with high grades

   And now that their charts look better I have added

   • Alex33 says:

     August 16, 2019 - 12:14 pm at 12:14 pm

     You can only add value by drilling aggressively and proving up economical ounces. NXS raised money and never added anything. But still you think this is good management. Maybe look at DAU, CVB, ROS, SWA, all West African explorers that are drilling aggressively and have top level Management. I do not own any of this names, as I prefer to play next gold cycle with producers and developers, so make your own judgement. If it was that easy to prove up economical ounces and make money, I would set up my own resource exploration company.

   • Atomic says:

     August 16, 2019 - 7:55 pm at 7:55 pm

     They have a Fall drill program planned for Burkina Faso and eventual Feasibility Study to follow…we’ll see how it goes… everything else (properties) is gravy added in the past 6 months…GLTA

5. Mserr says:

   August 16, 2019 - 12:52 pm at 12:52 pm

   Well. Certainly can’t disagree with your logic. For me my swing for the fence money
   Is on the micro explorers. We’ll see.

6. Atomic says:

   August 16, 2019 - 4:11 pm at 4:11 pm

   NXS.V 2M shares BOUGHT up on an otherwise brutal day in the miners…

   • Banimal says:

     August 16, 2019 - 4:58 pm at 4:58 pm

     It looks like this is the reason for all the buying:

     https://finance.yahoo.com/news/nexus-gold-enters-loi-acquire-130000604.html?.tsrc=rss

7. Atomic says:

   August 16, 2019 - 4:19 pm at 4:19 pm

   VITFF has has a nice run in the past week new mine (EAGLE) on line in the Yukon second mine in planning…