Since my initial buy recommendation on Matador Mining at 20c in May 2019, the stock has traded as high as 33c and low as 17c, currently 26c. The story has gotten better as MZZ push towards production in 2022/23. See May write up: https://258capital.com/2019/05/13/matador/ IMO MZZ remains very undervalued and trades at 1/10th the price … More Matador $MZZ – Upgraded
It’s that time of year again, tax selling in North America which leads into a seasonally strong period there after for mining stocks. Today i’ll focus on strong potential set ups that are in a stage one base, looking to move higher. Stage analysis example for those new to that approach. Historical data supports a … More Gold and Silver miners – Stage one base
First of all, Hello, and i hope this finds you well. I have been on the road for the last 2 months, traveling the highlands of South America, mainly hanging out in Medellin, Colombia. Therefor I have neglected my blog and haven’t updated any new content. Instead i am in management mode with my positions … More Bottom Fishing in Uranium
Today i explore the effects that the rate cycle would have on the markets and potential opportunities. FOMC June 19th FOMC rate cut is 23% probability of a rate cut 25 basis points and a 77% chance of no action. Whilst the July FOMC is pricing in 83% chance of a rate cut. FOMC July … More The Coming Cutting Cycle.
I have been waiting to get further confirmation of a potential short squeeze in Silver, This week we saw a few more key factors to turn in our favour and it seems that the stars maybe aligning. I wrote a piece on the 26th May; https://258capital.com/2019/05/26/rising/ suggested that, without a large move in Silver, Miners … More Potential Silver Squeeze looms..
Note: I was going to post this on Friday 17th May. But i felt today was a good day to do so after, SBM.ax acquires Atlantic Gold for 41% premium cash offer at $2.90 per share. This is the third in a few months, after Newcrest acquisition of 70% Red Chris mine in Canada recently … More Matador Mining – An interesting Opportunity