Category: Resources
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![Uranium price takes out 2022 highs as bull market continues!]()
Uranium price takes out 2022 highs as bull market continues!
In July 2023, I gave a price target of $65 on spot uranium by the year end. The reason I chose $65 was because this was the 2022 highs and thus, the next major resistance zone for spot uranium. This was the chart I displayed back then: Uranium bulls did not have to wait until…
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![The Core Story: Skyharbour Resources (SYH.V) is popping off, like we said it would]()
The Core Story: Skyharbour Resources (SYH.V) is popping off, like we said it would
Over the last few months, we said – repeatedly – that the uranium explorer most likely to get momentum wasn’t the big ones, where the market cap had already run, and wasn’t the tiny ones, where production might be years out, it was the guys in the middle, with plenty of projects, plenty of partners,…
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![JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?]()
JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?
Oil markets are making headlines, but if you have been a reader of Equity Guru, then you were given the heads up back in late July 2023. My outlook and technical analysis play by play was given in subsequent articles and chart attack videos. Our first target has been hit, and prices are pulling back…
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![The moment of truth for silver!]()
The moment of truth for silver!
It is now make or break for silver. The precious metal was on fire in the second half of August seeing five days of continuous rally followed by a few more green days taking the price briefly over $25. This zone turned out to be resistance and silver prices have given up those gains. We…
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![The Core Story: InPlay Oil (IPO.T) riding a sector rise with 6% dividend yield]()
The Core Story: InPlay Oil (IPO.T) riding a sector rise with 6% dividend yield
We liked InPlay Oil a few years back when they said they’d use their debt to grow hard, acquire good oil and gas properties in Alberta, and generate enough revenue (even in lean times) to return funds to shareholders. Many sniffed at that goal, but IPO.T has made it happen, building a cash flow machine…
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![Stock markets fall under pressure as oil prices hit their highest levels in 2023]()
Stock markets fall under pressure as oil prices hit their highest levels in 2023
I have been updating my readers on the technical pattern on oil. The energy sector is bullish and the technicals are indicating more upside. The stock markets are falling on fears of an inflation surprise uptick. Oil is the lifeblood of the economy and higher oil prices means higher transportation costs. Costs which will be…
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![The Core Story: Beyond Lithium (BY.C) amasses a stonking great lithium portfolio]()
The Core Story: Beyond Lithium (BY.C) amasses a stonking great lithium portfolio
In Ontario, there’s nobody that has a larger stockpile of lithium projects than Beyond Lithium (BY.C). But as a prospect generator, where they differ from many in the space is they’re activdly working the vast majority of those spaces, plumbing a load of the 450 historic holes they lord over, and finding lithium-bearing pegmatites left…
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![Oil prices rise as Russia and Saudi Arabia extend production cuts]()
Oil prices rise as Russia and Saudi Arabia extend production cuts
The recent rise in oil prices might be to blame for the failure of stock markets to extend their momentum. Oil prices are rising as Summer nears an end and investors are worried that higher prices will translate to an uptick in inflation data. This means hawkish central banks… and the possibility that interest rates…
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![Ashley Gold (ASHL.C) storms up 41.2% as CEO literally lifts rocks]()
Ashley Gold (ASHL.C) storms up 41.2% as CEO literally lifts rocks
When people saw Ashley Gold (ASHL.C) was a $0.065 stock a few days ago, they may have ignored it as just another little gold explorer at a time when gold explorers are largely unloved. We wrote about it because we liked the guys behind it, and their plans to work it when everyone else in…
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![Lancaster Resources (LCR.C) completes Trans Taiga Lithium Project acquisition]()
Lancaster Resources (LCR.C) completes Trans Taiga Lithium Project acquisition
Let’s be honest, right now there isn’t a broker in Canada that hasn’t put together a lithium exploration vehicle, which indicates not just that there’s a lot of interest in green energy, but also that it’s tough to show you’re serious in your efforts to build an actual company in that space. Lancaster Resources (LCR.C)…
