This is what triggered KNTs' big run.....as well as all the others
We're up at 1700 now....
Much depends on the broad markets (whether they can hold up in here.....
For if THEY enter selloff mode I suspect so too might the golds (again)
Keeping an eye on the dollar as well....
Can't just go by the 9 month chart of Scotties.....
Went looking for a good long term chart of Vancouver (the CDNX) and came upon this feller..... https://nftrh.com/2020/06/12/gold-stock-correction-and-upcoming-opportunity/
Who writes :
The bottom line here is that if HUI does not exit its correction in the short-term it is still a candidate to correct to deeper levels. HUI does not have a gap at its second support area but the GDX ETF and XAU index do. Those may be meaningful. If we get such a pullback to the 38% or even better, the 50% Fib retrace level and world markets are caught in the grip of another significant correction, the indication will be to buy quality gold stocks*, and buy them hard.
Am just on the lookout for a minor pullback, that's all......(might NOT be the best time to be buying NAK / Scotties)
Think I might try following that guy a bit on Twitter - Perhaps even maybe subscribe if it makes sense
Recent SCOT News
- SCOTTIE RESOURCES OUTLINES 2024 EXPLORATION PLAN • PR Newswire (Canada) • 05/08/2024 11:30:00 AM
- Scottie Resources Announces Grant of Stock Options • PR Newswire (Canada) • 04/17/2024 11:32:00 PM
- Scottie Resources Closes Financing Package with Franco-Nevada Corporation • PR Newswire (Canada) • 04/15/2024 09:10:00 PM
- Scottie Resources Announces Financing Package with Franco-Nevada Corporation • PR Newswire (Canada) • 04/02/2024 11:30:00 AM
- Scottie Resources Announces Closing of Final Tranche of Private Placement • PR Newswire (Canada) • 02/24/2024 12:04:00 AM
- SCOTTIE RESOURCES INTERCEPTS 13.9 G/T GOLD OVER 7.00 METRES AT BLUEBERRY CONTACT ZONE • PR Newswire (Canada) • 02/07/2024 12:30:00 PM
- SCOTTIE RESOURCES INTERCEPTS 6.89 G/T GOLD OVER 5.8 METRES AT SCOTTIE GOLD MINE P-ZONE TARGET • PR Newswire (Canada) • 02/01/2024 12:30:00 PM
- Scottie Resources Announces Closing of First Tranche of Private Placement • PR Newswire (Canada) • 01/22/2024 11:45:00 PM
- SCOTTIE RESOURCES INTERCEPTS 7.94 G/T GOLD OVER 13.2 METRES AT BLUEBERRY CONTACT ZONE AND ANNOUNCES FINANCING • PR Newswire (Canada) • 01/18/2024 12:30:00 PM
- SCOTTIE RESOURCES INTERCEPTS 36.3 G/T GOLD OVER 5.0 METRES AT EMERGING D ZONE TARGET • PR Newswire (Canada) • 01/09/2024 12:30:00 PM
- SCOTTIE RESOURCES INTERCEPTS 28.2 G/T GOLD OVER 4.0 METRES AND EXTENDS MINERALIZATION TO A DEPTH OF 525 METRES AT BLUEBERRY • PR Newswire (Canada) • 11/28/2023 12:30:00 PM
- CORRECTION - SCOTTIE RESOURCES CORP. • PR Newswire (Canada) • 10/31/2023 10:54:00 PM
- SCOTTIE RESOURCES INTERCEPTS 8.5 G/T GOLD OVER 13 METRES AND 7.65 G/T GOLD OVER 10.4 METRES AT BLUEBERRY CONTACT ZONE • PR Newswire (Canada) • 10/31/2023 11:30:00 AM
- Scottie Resources Announces Closing of Final Tranche of Private Placement • PR Newswire (Canada) • 10/19/2023 09:00:00 PM
- SCOTTIE RESOURCES INTERCEPTS 26.9 G/T GOLD OVER 4 METRES AT BLUEBERRY CONTACT ZONE • PR Newswire (Canada) • 10/12/2023 11:30:00 AM
- Scottie Resources Announces Closing of Second Tranche of Private Placement • PR Newswire (Canada) • 10/06/2023 09:00:00 PM
- Scottie Resources Announces Amendment to Private Placement and Closing of First Tranche • PR Newswire (Canada) • 10/04/2023 09:06:00 PM
- Scottie Resources Announces up to $3.5 Million Private Placement • PR Newswire (Canada) • 09/09/2023 01:46:00 AM
- SCOTTIE RESOURCES DRILLS 56.4 G/T GOLD OVER 3.7 METRES AT BLUEBERRY • PR Newswire (Canada) • 09/06/2023 11:30:00 AM
- SCOTTIE RESOURCES COMMENCES 2023 DRILLING ON BLUEBERRY CONTACT ZONE • PR Newswire (Canada) • 06/30/2023 11:30:00 AM
- SCOTTIE RESOURCES REPORTS POSITIVE INITIAL METALLURGICAL TEST RESULTS FOR BLUEBERRY ZONE WITH UP TO 97.6% GOLD RECOVERY • PR Newswire (Canada) • 06/13/2023 11:30:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM