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It all depends how you look at the chart, i'm a optimist, i see a reverse head and shoulders or a cup and handle formation forming. It's going to blow thru resistance like a hot knife thru butter. Soon the shorts will start to cover, they see the wall of investors and traders ready to pounce this July, only 2 months away my friend.
Happy Trading
Bruce contracts will come before $ 2000 i think
This always sells off in the last half hour, day traders?
No need to be worried, there lease is solid till 2024.
I agree seek, see you all at $8-$10 in 2 years
There is a difference between KNT and ABX, barrick was not as friendly towards the landowners imo and this cost them, if you recall KNT had the same problems with the landowners because of the previous owners who was Barrick.
Knt, I believe the lease is good thru 2024, so don't over react yet.
We will have some downside here but won't last long. Much good news to come.
Bad news from PNG.....https://www.mining.com/papa-new-guinea-snatches-barrick-golds-porgera-mine/
When these things happen it's not good for anybody, the landowners start fighting amongest themselves and the mine goes under.
1.00 is coming and rather quickly.
I would say so but not to Gold only, also Silver, Copper & other metals
Are we at $$$ 10.00 yet? SOON
Now, that is beautiful, Thanks
K92 reports First Qtr numbers.....https://ceo.ca/@nasdaq/k92-mining-inc-announces-first-quarter-results-from
I don't know what all the panic is about, FOLKS THEY HAVE A CURE, Trump has been touting this cure for a month but all the main news media can do is push fear. They cost 1,000's of lives just so they would make Trump look bad but again he comes out the victor. So there is no need for fear any longer. This mine will be built
What can i say, K92 has everything you would want in a Junior producer, they have the Gold 5 million oz's with potential for 10 million or more oz's.They have low cost aisc, $ 680.00,they are expanding to 140,000 oz's this year, then 300,000 oz's financed in house, they are starting to drill other targets on there enormous land package. Best of all great management.
Fantastic !
Also, Gold & Silver are becoming scarce, try to buy Gold or Silver, it's not available for weeks and selling way above spot. Majestic silver selling silver at $ 18 and spot is around $14. The Markets have lost there way, since when does a commodity go down when it becomes scarce? We need the NAK mine.
EQX & VITFF
Hang in there this article say's it all...https://www.marketwatch.com/story/there-is-no-gold-bullion-dealers-sell-out-in-panic-buying-2020-03-25?mod=mw_latestnews
Once the medicine is dispersed you we see a steep decline in deaths caused by this virus. Teva is donating 6 million doses and Bayer is also supplying 3 million. Countries like Africa where this drug was used regularly for malaria is not seeing the same rate of spread. There is now evidence that this virus was released on purpose, we will know more in the coming weeks....
Fiore is looking real stable, good things to come.
This Virus is just about history, now that we have the cure, cholorquine. This mine will be built, the ACOE has been a little busy of late but i do think no more delays are in order. this will start to increase day by day.
Eric King speaks to John Lewins, scroll 1/2 way down the page...https://kingworldnews.com/emergency-actions-plus-a-look-at-gold-silver/
Some good names there, they will all be trading around 2019 highs by then.
Well my friend, it's been tough around here but all the longs are still here, they are like pit bulls holding on to a raw piece of meat because they know the news that lies ahead.
1. New PEA
2. Earnings (blowout imo)
3. Drilling new targets
4. News on expansion
5. Thee Unknown (More than 5 million ozs) ( Buyout offers ) etc.
Yes I agree, we are under assault but mainly due to margin calls going off.
Time to buy "Now". To much good news in the pipe line and we are !00% undervalued we should be @ $ 6-7 around double where we are at now
STAY THE COURSE
News from PNG looks positive for business going forward
https://www.businessadvantagepng.com/in-brief-papua-new-guinea-announces-plans-for-partial-privatisation-of-state-owned-enterprises-and-other-business-stories/
John Lewins on BNN 11:35 today
Now, charts are not good in this kind of a market(PANIC), just hold if you can.
Don't be fooled,This virus is being pushed by the Fake News Media to create fear!
Don't be fooled, the News Media is making this virus look worse then it is, they are Fake News,
You will be rewarded when this hits $10 in 2 years maybe sooner if they get a buyout offer or if gold goes to $ 2500.
Crooks