Wealth Creation Through Natural Resources
The gold miners as represented by GDX printed a bearish reversal candlestick today after making a new 20-month high earlier in the trading session: GDX (Daily) This particular pattern is especially bearish for the following reasons: A new high … Continued
The lithium sector breakout gained more steam today with the lithium exchange-traded fund LIT rallying 2.65% and rising for the 8th consecutive trading session: LIT (Daily) Volume has poured into this relatively thinly traded ETF in the last week … Continued
We have not made it a secret that we have been stalking silica sands producer, SLCA, as a breakout stock for several weeks. After bumping its head up against resistance in the $23s, SLCA is finally breaking out on thick … Continued
A post from Dr. Brett Steenbarger this morning reaffirmed some things that I was already thinking regarding where we may be at in the market cycle. The following excerpt is elegant and insightful: “….the psychological dynamics of market tops … Continued
After a period of relative calm precious metals and markets as a whole are entering a potentially intriguing phase. Here’s what I mean: After moving higher in nearly a straight line for the last two months U.S. equities are … Continued
Record first quarter production for JV Record first quarter sales for JV show 15-fold increase over comparative period CIF Tianjin pricing for 44% manganese increases over 100% during first quarter April 14th, 2016 – VANCOUVER, BC, CANADA – Cancana Resources … Continued
The lithium sector continues to heat up with the Global X Lithium exchange-traded fund LIT rising another 2% today and breaking above a key resistance level ($22): LIT (Daily) LIT has total assets of less than $50 million and … Continued
Siyata Mobile (SIM.V) announced a noteworthy deal with Worldlynx Wireless this morning. 6 months after landing a partnership with TELUS, Siyata corners the Canadian market in a deal with Worldlynx. Worldlynx is the largest independent distributor for Bell … Continued
VANCOUVER, BC and TULSA, OK–(Marketwired – April 13, 2016) – Jericho Oil Corporation (“Jericho”) (TSX VENTURE: JCO) (OTC PINK: JROOF), a debt-free growth-oriented oil and gas company focused on Mid-Continent production, is pleased to provide an operational update on its Oklahoma … Continued
An oil & gas explorer we have been following for the last six months, Jericho Oil Corp (JCO.V), soared more than 10% today while breaking out above a key resistance level: JCO.V (Daily) We began covering Jericho in November … Continued