ClinicalTrader

ClinicalTrader Updated 

Lake Resources presents a promising opportunity with low risk and high potential for rewards. At present, the stock appears to be consolidating around the 60 1/2 cents range, potentially indicating a bottoming out of prices. However, we should also note that the downtrend line, as depicted by the chart's line, is currently descending into the price...

ClinicalTrader Updated 

This scenario is highly plausible. The recent collapse of SVB exemplifies the difficulty in retrieving funds from banks in a cashless society. Banks have resorted to closing branches and decreasing the number of ATMs in order to maintain profitability. As an alternative to cash during a bank run, physical gold has become increasingly attractive. In Australian...

ClinicalTrader

One day to go in the week. Weekly candle sticks its head out above the resistance line. Quietly, but surely?

ClinicalTrader Updated 

The Australian gold mining index has demonstrated a strong rebound from recent lows, presenting a range of possible scenarios for the future. Three likely options are represented by the downward red arrows on the chart. It is difficult to predict which scenario is most probable, but a breakout to all-time high prices in Australian dollar terms could render all...

ClinicalTrader Updated 

Since October, the Australian All Ordinaries index has been steadily climbing along its bullish uptrend line, demonstrating resilience despite a few zigzags along the way. The index has now touched this rising trend line for the third time, signaling the possibility of further rallies to come - potentially up to the horizontal pink resistance line - before pulling...

ClinicalTrader

Looks to have hit long term support. Could reverse here for another leg higher. Argent currently have two projects in WA being drilled to expand their resources and reserves for copper/gold/silver. Both projects sit nicely in the vicinity of Newcrests massive Cadia mine, so this is elephant country. The Kempfield project had delays in July and August due to wet...

ClinicalTrader

With stike action sorted in Mali and guidance update, RSG has set up a nice little chanel heading forward. www.asx.com.au

ClinicalTrader

With Red on the verge of announcing financing for its King of the Hills processing plant, it is now in the process of completing a bull flag (triangle if you wish). The processing plant will mean no more haulage of ore to the Aphrodite Processing plant 50 km north... a big savings in costs, and with a 16 year 2.4m oz resource, the return on investment is scheduled...

ClinicalTrader

This is update of a chart posted earlier. Good to see that .52 c level hold with early signs of a bounce today. With drill results due soon, the price is getting set for what i hope will positive results in the not too distant future. Alex Passmore and the team have excellent ground and are working on a JV with Venus Resources to shore up the Youanmi Mine near Mt...

ClinicalTrader

I see upside here with Marmota. Has positioned itself well in the precious metals and uranium sector. Just finished their drilling campaign at the Aurora Tank Gold Project near S.A's Challenger Gold mine. Greenfields means this could really take off if significant assay results come in over the coming weeks. They released a taste of what may come with an...

ClinicalTrader

Volume profile indicates significant support at the bottom end of the green rectangle. Just need indicators to support as well. Bounce to the red resistance zone looks like a reasonable assessment.

ClinicalTrader

Bardoc gold looks to be hitting support 7.6 cents. It is still a speculators game as the company continues to expand it's drilling program in an effort to shore up it's reserves and resources going forward. Particular note in recent times, is that the Directors have been adding to their positions in the last month and a half. Neil Biddle and John Young are just...

ClinicalTrader Updated 

Target .10c