Value Microcaps Junior Miners

[goldenpolarbear]

“... Technical analyst Clive Maund charts this miner with a gold project in Arizona and explains why he believes its stock is a good buy.....”

“.... Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) has not—so far—responded to the rally in gold of recent days, but the pattern looks most favorable with it having consolidated a sharp high volume rally at the start of last month, that allowed its 50-day moving average to catch up and rise through its 200-day.

The company has reported a run of good drilling results that augment the value of its Copperstone Mine in Arizona, and just came out with more very positive results, that are thought likely to get the stock moving.


https://www.streetwisereports.com/article/2019/06/07/company-with-positive-drill-results-at-good-entry-point.html

“...
Gold has been moving higher since early May on fears that multiple trade wars would bite into economic growth and on expectations the Fed would cut interest rates.
But analysts say the metal may be nearing the top of its run for now.
Gold futures for August were higher by more than $5 to $1,334 per ounce Wednesday afternoon, and are up 5% since the beginning of May.
https://www.cnbc.com/2019/06/05/people-are-buying-up-the-asset-class-that-loves-trade-wars-central-bank-easing-and-volatility.html

https://www.thestar.com/business/2019/06/06/trade-war-added-167b-to-gold-stocks-in-just-three-days.html