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Adding ST puts here. Up nearly 30% in a week.
Good call, Jerry. Think we go for an upper gap fill here then see what's next?
Back to fork middle?
Lower low but broke out of the down fork. Sitting at the previous high. Does it keep going to test 3150 again?
Thanks, Jerry. Watching now. Do you feel his service(s) are worth subscribing to? His videos are great to watch and easy to follow. Do you subscribe? If so, would you recommend it?
As always, thanks for all your info!!! GLTY.
What low do you have projected for the Hurst trough, DD?
I think this finally broke out of the bull flag that had formed. Hopefully test .60 CAD soon.
http://schrts.co/ZXjecJZr
Gap fill upcoming, just too close IMO. Still below the 3155 previous highs and HOD today so who knows.
OT: WKHS grabbed some July 17 $20 puts and some $10 lottos. 15 bagger from the March bottom.
Thanks. I'm taking a few off in FIOGF to replenish cash. Still holding a good chunk but it's getting close to a dollar so I'm taking some off the table.
Love it, indeed! Congrats to everyone still here!
Just added a few. Haven't been adding because it keeps going down.
Nobody goes broke by taking profits ;o)
A bit concerned by this chart if we don't break above that HL around .59 CAD. If we break below the UT line we're gonna collapse, IMO.
http://schrts.co/QZFjyikZ
Probably. Seems like filling that gap is gonna happen soon.
I'd love that to play out...
Finally fill that gap?
Boys are riding unicorns on Mars.
IWM 145.45 200MA on the way. Some predicting new ATH next week. What the what?!
SPX 3200 on the way?
Was adding to my miners yesterday.
Killin' it! What does the red-shaded area represent? I guess I didn't get the memo LOL!
Thanks, as always!
3155 previous high on SPX.
News from yesterday...
https://www.otcmarkets.com/stock/CCWOF/news/Canada-Silver-Cobalt-Appoints-Halliday-President-and-Chief-Operating-Officer?id=266366
Canada Silver Cobalt Appoints Halliday President and Chief Operating Officer
Canada NewsWire
COQUITLAM, BC, June 30, 2020
SECOND DRILL RIG FOR CASTLE EAST
COQUITLAM, BC, June 30, 2020 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that Mr. Matt Halliday, P.Geo., has been promoted to the position of President and Chief Operating Officer (COO) of the Company, in addition to his duties as VP-Exploration, as Canada Silver Cobalt prepares to aggressively ramp up drilling at Castle East to fully leverage a growing high-grade silver discovery adjacent to three past producers in Gowganda, 75 kilometers southwest of Kirkland Lake.
As a second drill rig is quickly added to this discovery as part of a new planned program encompassing 50,000 meters of drilling in 2020, Halliday will direct and supervise all project operations for Canada Silver Cobalt in his new role as President and COO. He will also immediately further build out the geological, engineering and environmental team with the goal of completing permitting and construction of a ramp to the rich Robinson Zone in 2021.
Based on reliable historical reports and internal data, management believes Castle East may represent the most significant new grassroots high-grade silver discovery in the Gowganda mining camp, and the broader Northern Ontario Silver-Cobalt district, in at least 40 years.
Halliday Appointment
Mr. Halliday first joined Canada Silver Cobalt late last year from Kirkland Lake Gold where he served as resource geologist. A graduate of Dalhousie University in 2007, Mr. Halliday honed his skills for almost eight years with SGS Geostat, known as global leaders in orebody modelling and reserve evaluation. In 2016 he was part of the SGS team that pushed machine learning into the geological realm and claimed top prize in the $1 million Integra Gold Challenge.
For more than a dozen years Mr. Halliday has focused on resource reporting and modelling while also gaining abundant experience with advanced field exploration including major drill programs in Ontario, Quebec, Newfoundland-Labrador, Nunavut and Alaska. With SGS he also enjoyed success in a business development capacity.
Halliday On Expanded Role
Mr. Halliday commented: "I'm excited to take on new and expanded responsibilities to help guide Canada Silver Cobalt to the next level as the leading vertically integrated silver-cobalt company in a prolific district that stretches for 130 km.
"We not only have the grade at Castle East but the opportunity for tremendous scale given the extent of untested ground in a camp where it appears the oldtimers, despite mining around 70 million ounces of silver, took only the low-hanging 'fruit'. We'll have a second drill rig turning by about July 15 as we begin to greatly accelerate this program based on multiple positive indicators.
"We already have exceptional talent within CCW, which we'll be harnessing to an even greater extent, but it's my mission to quickly build a 'Dream Team' that will execute flawlessly for shareholders," Mr. Halliday continued. "This may also include a new VP-Exploration as I focus on making sure we deliver on a dynamic vision for this company in Canada's silver-cobalt heartland. We will use the Castle East discovery in unlocking the value of the adjacent Castle mine and all other company assets including Temiskaming Testing Laboratories, following a path that helped build Agnico Eagle – former operator of the Castle mine - into the mining giant it is today."
Maiden Inferred Resource
The Robinson Zone discovery features a very high-grade Inferred resource of 8,582 g/t Ag (250 oz/ton) in areas 1A and 1B for 7.56 million ounces of silver in a total of 27,400 tonnes of material, using a cut-off grade of 258 g/t AgEq. The discovery is wide open for expansion and the Inferred resource does not include a second high-grade silver vein intersected 95 meters below the Robinson Zone. Cobalt is also an important component of this discovery.
The Mineral Resource estimate is dated May 28, 2020, and was independently prepared by GoldMinds Geoservices Inc. in accordance with National Instrument 43-101. A Technical Report with respect to the Mineral Resource estimate will be filed within 45 days from May 28, 2020, in accordance with NI 43-101. The Company reminds investors, as per NI 43-101, that mineral resources that are not mineral reserves do not have demonstrated economic viability.
Mr. Halliday is replacing Mr. Frank Basa as President while also assuming the new position of Chief Operating Officer. With his many years of successful experience in the Northern Ontario Silver-Cobalt district, including his time with Agnico Eagle, Mr. Basa will continue as CEO of Canada Silver Cobalt while responsibilities for day-to-day operations are assumed by Mr. Halliday. "Matt is supremely qualified and has the energy, the expertise and the leadership skills to take CCW to a whole new level," stated Mr. Basa. "We are entering a major growth period and it's time to build out the team to take full advantage of this discovery and an exciting new bull market in silver."
Just posted something similar...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156660379
Golden cross approaching on SPX and even closer on SPY.
http://schrts.co/KBCndSiu
However, INDU is bumping its head on the 20 and 200 MAs and IWM closed below the 20MA.
And then there's COMPQ heading for new highs. Are SPX and COMPQ telling us the direction or is it the other way around?
Yikes didn't see that golden cross approaching on SPY and SPX. However, INDU is up against the 20 and 200 MAs as REZ. Definitely seems like SPX has been chugging along ahead of INDU so does the golden cross make everything explode higher?
Added a bunch at .42 today. Hope I want 'em LOL!
Banks can't fail so who cares LOL!!! *rolls eyes*
Let people fail, but banks, they can do anything they want and still get bailed out.
Nice chart. Doesn't seem to ever want to fall into that inner set of BBs.
SPX 3500 next week????? HUH?
Thanks. I'm playing TZA calls so that's why I'm watching IWM, but have a SPY call as a hedge.
SPY, not BA.
Bouncing off the 3100 and almost back above 20MA. I was an idiot and thought the 10MA on your chart was the 20 (same color I use). Didn't sell all my short positions, but sold some. *FACEPALM*
IWM pullback after reaching previous highs, but it was up faster than SPX. Filled the gap today but 145+ is the daily 200MA and lots of support here on the 60 min.
http://schrts.co/KHVHvcxT
Gotcha, thanks! I assumed a third green candle would be in store, but wasn't sure if we'd be seeing a rip straight up.
Thanks. I assume this means we're no longer looking for new lows below 2980? Sorry for all the questions!
Added more today. GIL mentioned for (free) subscribers to buy up to .50 USD. Not sure what premium members were told...
From the FREE GIL newsletter -
Good Afternoon,
On March 19th I highlighted two strong buys in the silver junior realm here in our free E-letter (check the actual message below). CCW/CCWOF (Canada Silver Cobalt) has doubled since then and Aftermath Silver (AAG/AAGFF) is up 3.5X in just 2.5 months! This alert went out during high fear in the markets, so I think level of the action taken by readers was limited. But, some of you no doubt jumped in!
If you did, I would love to hear about it. I also suggest selling 1/3-1/2 of the Aftermath Silver to lock in profits and let the rest ride for free. CCW is about to run again I feel, as you can see via the charts attached below. Once CCW breaks .60, it should gallop toward the 2018 high of .90. In addition, when zooming out to the 10 year chart, there is a clear channel that, if it continues, would infer a major run to $4-5 per share!
CCW had strong news today promoting their VPX (Matt came from Kirkland Lake) to a broader role in operations. A 50,000 meter drill campaign was forecast in the PR! That is one hell of a program, and even 10k meters will bust this ultra high grade new discovery at Castle East wide open. I have added to my CCW position since the March dip and feel quite confident that it is destined for the $1 plus area very soon.
Readers can still buy CCW up to .65 CDN or .50 on CCWOF. I'll update on another one of our top silver juniors in the morning as well. Here are my thoughts about CCW/AAG from the March 19th email in case you missed it...
March 19th:
My top new silver discovery junior miner investment remains Canada Cobalt Works (CCW/CCWOF), which went from .32 to .72 after I made it my top choice in November. Now, it's back to .28!!! The only things that have occurred since last November are INCREDIBLY bullish developments. CCW remains a strong buy to .35 CDN right now.
Keep in mind that companies who do potentially have extremely bullish news, are sitting on their hands until it will actually have an impact in the market. Once volatility levels off in general, you'll see a slew of juniors that are drilling release some amazingly bullish news
Next, my top silver junior pick in terms of discovery AND value in the ground, will be released shortly. This is an amazingly cheap silver and gold junior that should be trading 150-200% higher just to catch half way up to general PEER valuations! It has been cut in half this past month as well. Premium members are focused on buying more here and I'll give them an exclusive for another week or so before potentially releasing this pick here.
New Idea
I have added a position in Aftermath Silver (AAG/AAGFF) at an average of .10 CDN this past few days. They have nearly $4m CDN in cash, a $2.5M USD enterprise value, AND Eric Sprott just invested $3 million at 100% higher than current prices (.20) just over 4 months ago! I'm happy to share some extra ideas recently with free members as you can see this week with our 3X ETF's trades etc., and now Aftermath.
Thanks! You see this maybe visiting the top of the fork?
SPX 3125 to fill the gap. Seems like it's trying...
Been adding 7/17 $20 calls. IWM 145 is close. Not sure if it makes it there or not.