Gerardo Del Real,
Editor
June 17, 2024
This is your Resource Stock Digest editor Gerardo Del Real here with some Monday coffee talking points and thoughts.
What am I watching this week?
Well, I’m watching to see if the lithium equities bounce back, which, as you’re likely aware, have been taking it on the chin of late. And to be perfectly honest, over the last month or so, it really didn’t matter if you were a Patriot or a Pilbara or an Albemarle or what have you… your name and market cap simply didn’t hold weight if it was attached to lithium.
So yes, it’s been a rough couple of months in the lithium space but I do believe we’re beginning to see a bottom. Naturally, like most things, it’ll be a bit of a process but the turnaround should absolutely be a fun one to watch and to participate in for those patient enough to ride out their positions.
$4 gold stock to surge 12,500% on critical announcement
Literally any day now, a government announcement is set to greenlight the biggest gold mine in America.
And could send the $4 miner that owns it surging for no less than 12,500% gains.
For reasons you’ll see, its real gold windfall has been kept hidden from the public. But that’s about to change.
You need to position yourself immediately.
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I’m most definitely looking to see if silver gets above US$30 an ounce. And, likewise, I’ll be looking to make sure gold holds that all-important US$2,300 per ounce level which, despite a dollar index at 105.4, gold at US$2,318 at last check bodes extremely well for what I think is going to be an exciting second half of the year across the space.
I've said it 100 times and I'll say it again: Whether it's copper, uranium, lithium, gold, silver, you name it — metals prices are going higher and it’s going to be a great second half of the year.
Company specific-wise, I'm looking forward to the next round of assays from Bravo Mining (TSX-V: BRVO)(OTC: BRVMF) at their world-class Luanga deposit in Brazil.
I'm also participating, in a very large way, in an oversubscribed non-brokered private placement in Hannan Metals (TSX-V: HAN)(OTC: HANNF) for copper-gold-silver exposure. I firmly believe Hannan will be one of the best copper-dominant explorers of the next several years.
So plenty of exciting things to watch for and, like always, lots of moving parts as we kick off the summer season.
Be safe out there, get outside, and do something nice for yourself and your family.
Let's get it!
Gerardo Del Real
Editor, Resource Stock Digest