Hudbay Minerals Inc (HBM)

[NYBob]

Incoming Goldcorp CEO David Garofalo says he’s inheriting miner ‘that’s running very smoothly’ -



http://business.financialpost.com/news/mining/incoming-goldcorp-ceo-david-garofalo-says-hes-inheriting-miner-thats-running-very-smoothly

Goldcorp CEO Chuck Jeannes to retire in spring, Hudbay Minerals CEO to take helm



http://wpmedia.business.financialpost.com/2015/12/goldcorp-ceo.jpg?quality=60&strip=all&w=620

Gold Prices Will Soon Surge 50% Higher, This One Chart Reveals -
By Ken Goldberg
12/09/15 – 09:17 AM EST

Bearish sentiment toward gold has reached historic lows, while its price
has fallen only 45% since its all-time high, around 1,925, in 2011.
The last time gold futures were this oversold on a monthly bar chart
was back in the 1997-2001 period, when monthly stochastics tested the
10% extreme oversold threshold several times in a row, without ever
bouncing to the 90% extreme overbought threshold.
This has occurred again, since 2013, with stochastics making their
third test of that oversold extreme now.
The green ovals at the bottom of the monthly bar chart below
warn that a major low is imminent!

Click here to see the below chart in a new window

clip_image002



At the same time, the green oval in the price chart highlights a cluster
of indicators of a mature downtrend.
This cluster implies at least a 50% rise in the price of gold futures
in the coming 12 to 24 months. First, the lower two-standard-deviation
band (golden/olive line) is being tested, which controls 95% of
normality and hasn’t let prices close below it in 30 months.
Second, the lower channel line of the channel that has controlled
prices since July 2013 is also being tested (successfully, so far).
It has supported price in the past six tests since the channel began.
Third, although price is making a lower low vs. the price low of late
2014, stochastics are making a higher low.
This condition is called a bullish divergence buy signal and represents
the drying up of bearish energy as the final wiggles of price pattern
wind themselves into completion.

More…
http://www.thestreet.com/story/13391201/1/gold-prices-will-soon-surge-50-higher-this-one-chart-reveals.html

http://www.jsmineset.com/

CALVF Caledonia Mining Corporation: Resource Update at the Blanket Mine, Zimbabwe -

http://www.otcmarkets.com/stock/CALVF/news/Caledonia-Mining-Corporation--Resource-Update-at-the-Blanket-Mine--Zimbabwe?id=120674&b=y

Latest Gold COTs Most Bullish For 14 Years And Call For A Sizeable Tradable Rally Soon -
Clive Maund
December 2, 2015

http://www.gold-eagle.com/article/latest-gold-cots-most-bullish-14-years-and-call-sizeable-tradable-rally-soon


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