Special New Rock TRADE
Another rock that I have been watching looks like a good trade candidate. I am not adding to my Terrific Ten but believe this rock has a good chance of a 50% move in a relatively short period of time. The chart is tight and quiet. If you can get it today for .21 or get lucky at .20 buy. I see a move to .30 in the next two-three months. Allegiant Gold (AUXXF)
Thanks, as always, Sir CM.
Does your list of terrific ten (or even a longer list of top twenty) include AbraSilver Resource Corp. (ABBRF)?
Best regards,
GL
GL, No I don’t follow that one. Current chart shows strength but as I once explained about the Terrific Ten, one reason for including the ones I have chosen, is that most if not all of their projects are either in the US and or Canada. With the exception of MAG, which I trade, my longer term investments do not include South America, Latin America or other jurisdictions that have issues, including China. I don’t have a problem with Japan or Taiwan where TLC is HQ’d.
Fair enough explanation, Sir CM.
I “follow” a lot of analysts, including many former GoldTent posters.
Today I took some long term profits in SVBL and bought Abrasilver Resource Corp with the proceeds. (This is the same investing (or speculating, if you will) approach I took the other day when I bought FRERF for the first time – no cash added – just took partial profits in NSRPF and NGD)
Here’re the tweets, posts etc:
https://twitter.com/badcharts1/status/1371813906088333319
https://www.reddit.com/r/Wallstreetsilver/comments/m68te9/is_abrasilver_the_next_kirkland_lake_gold/
https://twitter.com/badcharts1/status/1371904657182896138
https://twitter.com/thelastdegree?lang=en
GL
AUAU.to for many of us (even if stateside). (Columbus spinoff)
Concur that its nicely setup for the same TRADE as is much of the PM complex is.
At this point, I have no advance clarity on the precise timing of the spark that gets these moving.