Category: Gold
-
Rockridge Resources (ROCK.V) offers re-rating potential, district-scale (VMS) exploration upside – Knife Lake assays are pending
The metals we follow most closely here at Equity Guru—Gold and Copper—have been putting on quite a show of late. Gold, after printing a weekly close above its 200 SMA and slicing through a downtrend line that has held prices in check for months, launched an assault on the $1900 level. Gold boasts a busy…
-
Gold Mountain’s (GMTN.V) updated PEA targets 19,000/ounce/year production, ramping to 65,000 ounces/year in year-4
On May 27, 2021 Gold Mountain Mining (GMTN.V) announced an updated Preliminary Economic Analysis (PEA) of the Elk Gold Project, located 57 kilometers from Merritt in South Central British Columbia. “If you are looking for exposure to the precious metal and can appreciate the risk/reward dynamics of the junior exploration arena, Gold Mountain is a…
-
A Guru ClientCo roundup – Delta (DLTA.V), Freeport (FRI.V), and Nomad (NSR.T)
After crossing the $1800 line in recent sessions, Gold’s next hurdle is the $1850 level, and then $1854 (ish), where the 200 SMA and a downtrend line currently reside. This makes for an interesting confluence of resistance… We took a detailed look at the ‘Gold Friendly’ inflationary pressures building under the precious metal in a…
-
Gold Mountain (GMTN.V) updates Elk Gold Project resource estimate near mining-friendly Merritt B.C.
Having busted through stubborn resistance at $1800 last week (a hard-fought 10-week high) and after bookending the month of March with a Double Bottom, Gold is holding on to its gains, settling in above that critical $1,800 line. The next stop for the precious metal is the 200 SMA at roughly $1854. Once that level…
-
Gold Mountain Mining (GMTN.V) JUST KEEPS KILLING IT – drilling program to widen as stock hits highs and insiders hoard shares
Let’s you and me assume you know nothing about mining, that you’re just a plain average ‘them’, minding your own business, maybe looking for an opportunity to make your cash multiply. Cool. Pleased to meet you. Have you heard about Gold Mountain Mining (GMTN.V)? The summary is thus: Unlike a lot of mining explorers, that…