Australian (ASX) Stock Market Forum

Gold Mining Stocks

I might sling something at them after a crash. His prior 2020 picks took off after the March WuFlu crash. There's a couple missing from the list he gave in the DFA podcast and Aurumin (AUN) has been snuck in. They're not all gold stocks you'll notice but my last post on this subject died in the beginners lounge

Tony Locantro's Top Picks for 2021
2020-12-17

Alto Capital's Tony Locantro gives his assessment of 2020 and offers his pick of stocks to watch in 2021. They include Metal Bank (ASX:MBK), Aurumin (ASX:AUN), Godolphin Resources (ASX:GRL), Mako Gold (ASX:MKG), Hammer Metals (ASX:HMX), Dampier Gold (ASX:DAU), Nyrada Inc (ASX:NYR), Adalta (ASX:1AD) and Exopharm (ASX:EX1).

 
I might sling something at them after a crash. His prior 2020 picks took off after the March WuFlu crash. There's a couple missing from the list he gave in the DFA podcast and Aurumin (AUN) has been snuck in. They're not all gold stocks you'll notice but my last post on this subject died in the beginners lounge

Tony Locantro's Top Picks for 2021
2020-12-17

Alto Capital's Tony Locantro gives his assessment of 2020 and offers his pick of stocks to watch in 2021. They include Metal Bank (ASX:MBK), Aurumin (ASX:AUN), Godolphin Resources (ASX:GRL), Mako Gold (ASX:MKG), Hammer Metals (ASX:HMX), Dampier Gold (ASX:DAU), Nyrada Inc (ASX:NYR), Adalta (ASX:1AD) and Exopharm (ASX:EX1).


Hammer Metals comes through. Took some small positions on Tony's analysis, including HMX.

Nice woodie on the announcement and as ever, with the benefit of hindsight, wish I had bought more :oops:
 
Hammer Metals comes through. Took some small positions on Tony's analysis, including HMX.

Nice woodie on the announcement and as ever, with the benefit of hindsight, wish I had bought more :oops:
Am personally waiting on MBK Metal Bank to get past its slight supply hurdle.
A little more demand should fix that.

Have bought plenty to start with, even more than @finicky apparently.
 
I note the money is leaving all forms of Crypto in droves.... gold prices expected to be back on the rising agenda soon enough.
This was my comment yesterday! (BC8 Thread)
My comment today is, I note, the money is pouring back into crypto.
From nearly every crypto tanking yesterday, every crypto now is green and on the fast rise again.
Bizarre.
With crypto flip flopping so much, I am officially afflicted with gold price bipolar disorder.o_O:wheniwasaboy:
 
A couple of out performers in my gold stocks today: RMS, WAF.
Might be worth a thought in the inevitable pull-back - or continuing intermediate gold bear trend.

A couple of under performers too:
BC8, DCN
My arbitrary interpretation of these:
BC8 is still consolidating its 400% rise from Mar to July 2020.
DCN is still forming a base after all its turbulence - M.D of DCN bought a million shares on market a couple of months ago near the current price @ 0.35
 
Well worth a read on gold stocks with some reccos and will be proven dramatically right imo. I've often judged James Gerrish to be astute, although he seems like a cold type but surprised he is emphatic about gold stocks. I've been tempted by NCM too for the first time but don't like the New Guinea exposure - they ruin everything over there, corrupt cronyist cargo cultists who want it all for nothing now.

Is Gold a Buy Here?

 
NEM Newmont haș taken off like a rocket tonight in the US.

Up > 1% in early trade.

Good for my Golders on the ASX tomorrow.

gg
 

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David Hunter
@DaveHcontrarian

For those of you who missed my many comments on PMs yesterday because they only look at my original tweets,not replies,I remain very bullish gold & silver & the miners.I expect a strong summer into fall.Targets remain gold $2500,silver $45-$50,GDX $60,GDXJ $100,SIL $75 & SILJ $35
 
Fwiw, Jordan Roy-Byrne of The Daily Gold is one of the few I follow for guidance on the gold price. Listening to too many pundits is just confusing and pointless to someone with LT conviction. He sent this to free subscribers tonight:

"Gold has resumed the correction that began last August. A few weeks ago I had hope that the remainder of the correction could be more of a bullish consolidation. That appears unlikely now.

However, bigger picture, Gold is still building the handle on the 9-year cup and handle pattern. Subscribers know I've never expected it to breakout this year. A 2-year long handle is perfectly normal. Or an 18-month long handle.

In that bigger picture, that bird's eye view, this handle is a bullish consolidation. Heck, Gold could test $1575 and that would not change the technical setup.
 
Gold stocks retracing to what should be support in a newly forming upward channel. Looking to a bounce in the blue circle, all things being equal.

Screen Shot 2021-11-17 at 12.55.08 pm.png
 
Between the Lines Finance summary of some gold miners' December Quarterlies.
He's almost swayed me into giving up on Regis (RRL). He's cool on Ramelius due to hub and spoke model with the long trucking distances impacted by labour (drivers?) shortage due to border closures. Sounds a bit reassuring about Northern Star (NST). Dacian doesn't even rate a mention these days. I've got a couple of 'A' performers: SSR and WAF but my duds are dragging the p/f down. I invest most hope into my explorers to be galavanized by the gold price in the future. That and discoveries of course.

 
Thank goodness for my gold shares that are up again in the pre-market on the NYSE and Nasdaq. Rises have taken all but two into positive territory and one now up nearly 30% after being down two weeks ago. Non gold shares not to be mentioned as they are under attack.
 
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