ZINC
Intraday strategy for ZINc on 15th mayIf price opens around 153 levels buy @153.8 for tgt 156.25. if price already at 156+ levels short at 157.5 ...for final tgt 153.8
IMPALA: A Precious Metals Holder for DecadesImpala is one of the largest Platinum producers in the world, and an extremely cheap stock when one studies their balance sheet.
South African in descent, this company has made some exceptional acquisitions with the latest in North American Palladium (Ticker: PDL; Canadian producer in Thunder Bay, Ontario) which is one of the top producing Palladium mines in the world. Palladium's necessity is expected to increase tremendously in book price over the long term as the world turns to a more "cleaner" form of transportation.
With Platinum still somewhat stagnant, now is the time to invest in IMPALA as once Platinum breaks 1000.00 USD/oz in the next month this stock will take off. Short interest in this company is also decreasing significantly and once they become more extinguished, the price will tick higher drastically.; this company also offers exposure to other metals like Rhodium.
This is one of the most stable stocks on the market.
Moreover, because of their significant acquisitions over the past 5-10 years, this is a stock to hold not just for this upcoming precious metals bull run, but also for ever, as Palladium for example will continue to be "in need" for decades to come for catalytic converters, hydrogen fuel cells and medical equipment.
- zSplit
keeping a watch for another opp in future - strong supportEUZ fell straight to support area this morning after failure to release economics but mcap is still quite low and further momentum could come here.
Book looks good at moment and seems to be reversing but will wait till it settles a bit.
Zinc will be a good mineral for years to come so nothing is lost in a good resource company.
AMERICAS SILVER CORPORATION - NYSE: $USAS Requires Your EyesEarlier this month, shares of AMERICAS SILVER CORPORATION - NYSE:USAS recaptured its 200 DMA and has subsequently put in a nice rush into higher ground on the heels of the recent move in Gold to multi-year highs as we can observe in the Daily chart above.
In addition, USAS now finds itself trading above all of its important moving averages 20/50/200 DMA's, which depicts a healthy technical posture.
While the stock may be in need of some consolidation at present after its recent surge, we're monitoring the action closely as we believe that any signs of weakness or pullback from present levels may provide opportunity.
Thus, both investors/traders may want to keep a close eye on the action moving forward as we suspect that USAS has eyes for the $2.60-$2.70 zone and when and if achieved, we may just witness a run into the $3-$4 zone in the not too distant future.
IVANHOE MINES LTD - TSX: $IVN Builds Its Right-SideSince recapturing its 200DMA back in February, IVANHOE MINES LTD - TSX:IVN has been trending sideways and in the process, building-out a massive base as we can observe from the Daily chart above.
Additionally, IVN continues to trade above all of its important moving averages 20/50/200 and remains in fine technical shape.
Furthermore, if one were to zoom-out to both the Weekly and Monthly time-frames, you can see that IVN is in the process of building-out a potential inverted H&S pattern that should such pattern materialize and complete, would suggest a measured move to the $5 - $5.25 zone.
Thus, both investors/traders may want to pay close attention to the action in the days/weeks ahead for if IVN can clear the $3.65 hurdle, such development would likely trigger its next meaningful advance into northern territory.
3.35p / 3.53p target slice - 2.30p - 2.50p possible entry LONGWe might not have much of a retrace but I tend to go for the best entry possible, target looks conservative but always best to play it safe & slice never hurts.
Miton Group have been loading up on shares recently.
2.30p ideal entry if not below it at 2.05p so expose wisely.
Positives:
Great asset - Sable Zinc Kabwe Project - The Project targets to produce annually over 8 000 tonnes of zinc, 1 500 tonnes of vanadium and 15 000 tonnes of lead as it ramps up to full capacity over a 2-year period.
Cashed up as placing was done at 2.25p just a week or so ago
Negatives:
Be aware that there is a secured convertible loan note of GBP6.11 million attached to the project
Colin Bird is within the BoD
CLN's:
At any time that the loan is outstanding, ACAM may at its absolute discretion, by conversion notice, elect to convert the loan and all accrued but unpaid interest into 5 per cent unsecured convertible loan notes with a conversion price of 2.81 pence (ZAR 53.98 cents) ("Subscription Price") and a maturity date which falls on the third anniversary of the Closing Date.
During the loan period, Jubilee may notify ACAM of its intention to prepay the whole of the loan balance by prepayment notice. On the date of any prepayment Jubilee will issue warrants to ACAM to a value equal to 50 per cent of the amount of the loan and all accrued but unpaid interest thereon divided by the Subscription Price.
SL1 potential bottom, long, dailyDivergence with PVT and MACD for the last month. Hopefully will see it rise and establish support back at 0.010
Fundamentals:
-second wash plant at the Macy project has been completed which has increased the concentration production.
-first shipment of zinc earlier on in the year. Hopefully will see revenue on next years report.
Zinc: About to trend up massively like in 2016Interesting long term chart, perhaps related to zinc-air battery tech?
Cheers,
Ivan Labrie.
$NEXA headed to $15.50Peruvian Zinc miner, $NEXA headed to $15.50. Positive for zinc miners like Tinka Resources $TK.v
Zinc Vs other metals, Winner-winner still UREducational Metal Futures Insights:
ZA1! Zinc futures are up 15% over the past month, however note "Uranium futures" have been notably increasing since May.
Silver COMEX:SI1! and Copper COMEX:HG1! futures have just started their uptick with recent volatility in
market. CBOE:VIX Gold GC1! is also just starting a small uptick.
The summary: Uranium is a low cost energy driver globally with China bringing on new plants, India on the horizon, the US domestic sourcing to some degree, and japan
starting to restart their power plants from 2011 Fukashima issue as safety, now 7-years later has been implemented for deemed fail-safe. Uranium has achieved an all-time
low from high in 2006-2007, and 2011-2012 to current recovery in April-May of this year. Any company that can benefit in gold, copper, silver along with uranium such as
Rio Tinto, great. Low energy nuclear fusion and going to be the next Uranium, so again mining companies with Nickel (no futures contacts and oddity and needs a futures
contract added) is another benefit. Suggest you use this Nickel website for ideas. www.miningfeeds.com
Ur watchlist:
TSX:U , AMEX:UUUU , TSX:URE , NYSE:CCJ , AMEX:DNN , NYSE:RIO , AMEX:UEC
Ni watchlist:
TSXV:SFR CHXEUR:AALL LSE:ALBA ASX:AUZ ASX:ANW TSX:HBM TSXV:CNX , TSX:RNX , OTC:RNKLF Note: Royal Nickel recently struck a
Father's day gold vein and spiked from 0.07 to now 0.71. Lucky me for knowing small nickel stock. Share your favorites in comments below. I know most here are just
it's just a deal type, but appreciate hearing from you.
LENR Technology:
www.ecat-world.com
Low CO2 energy. Having recently dealt with 70 something houses and businesses be affected by a natural gas over pressurization am thankful no one has to move outside the zone of a nuclear plant, so keep it real and keep it safe. Rule #1: Don't loose the money, Rule #2: Rule #1.
@pokethebear
$SL1 down trend breakSL1 has remained in down trend since the 4.2c high in July but is now showing signs of a return to strength. Mid September volume reached an all time low around the base established at 1.8c, since this low the volume has stepped back in lifting the SP to the first resistance point at around 2.5c where significant volume has remained. The next resistance point in this case becomes the target at 3.5c
This target is supported by underlying fundamental changes in the company which has recently transitioned to a miner with targeted first shipment of zinc early in the October quarter. The second catalyst in support of growth is the highlighted tenement acquisition by the end of December this year.
My initial target is 3.5c which represents a 52% increase from the last traded price, stops set at 1.8c which is the all time low representing a favorable risk to reward ratio of 2.4
Turnaround possible in area 7,6 CentAs a pure zinc producer in Turkey, Pasinex benefits from the devaluation of the Turkish lira since it accounts for approximately 80% of the cost in lira, but 100% of the sales are generated in US $. In addition, the price of zinc has steadily increased in recent years, so the earnings situation has also steadily improved. The 50% share of the Turkish joint venture will be used to drive forward the next zinc project through the quarterly CashFlow. This is located in Nevada and is called GunMan. The first drilling is scheduled to begin over the next few days and will be drilled over 4 holes of approximately 900m in length to determine the mineralization levels of zinc from these samples. These results could then provide the reason for the expected increase, but is pure speculation. The geological formations are similar to those in Turkey which today is a very well producing mine. This stock is interesting as a Zocker admixture, however, correspondingly high fluctuation, but this is deliberately taken on the basis of the chance risk ratio. The entry level would be at 7.6 Cents and the target to 12/2019 is 45 Cents. No stop loss is used here. Thus the chance risk ratio is 5.9 to 1. Be careful and take care with moneymanagement if you want to trade that.
Greats from Hanover
Stefan
P.S. If you like it, then Like it and if you have questions, write it down :-)
Tinka Resources finally waking up Tinka Resources a Canadian Company that is a South American Based Zinc and Tin explorer in South America is coming out of a 8 month Descending Triangle with increasing volume. This stock likes to Fill Gaps...I already have a position, but if you're looking for an entry, I'd place a bid in around the .65 mark in the event it attempts to fill the gap it made during the break out. First major resistance point is .78 cents which offers a pretty good Risk/Reward.
$LFR Potential Symmetrical Triangle Continuation LFR have ongoing Zinc developments and recently announced a high grade cobalt and copper project. Awaiting top side break before considering entry
Copper TradeI liked the consolidation I saw so I purchased as $16.68. Keeping a close eye on this one. May just be a trade for me.
RVR.ASX - next leg up for zinc miner?Prebreakout pattern shaping up. Strong weekly candle. Looking for decisive close above 0.30 next week to confirm new uptrend momentum on the weekly.
Possible double bottom formed, This low MC ASX Zinc stock looks to have formed a double bottom on the weekly with volume having dried up at a previous SR line. Strong possibility for a uptick over the next few sessions. Overall Zinc market is bullish with $NCZ a notable success recently.
Key #Zinc project numbers
www.proactiveinvestors.com.au
- Net present value: US$1.034 billion (US$909 million post tax);
- IRR (internal rate of return): 36% (35% post tax);
- capital cost: US$514 million;
- 3.3 million tonnes per annum mine rate/ production up to 200,000 tonnes per annum zinc metal;
- site cost: US$0.52 per pound of zinc (payable, net of by-product credits)
- mine life: 14 years (open ended and with further inferred resources that could potentially be converted to reserves);
- life of mine revenue: US$6.36 billion; and
- life of mine operating costs: US$3.03 billion.
ASX:IBG
