Gold Miners Running Hot, Where Are We In The Bull? Plus Barrick, IDEX, Hercules, and Talon
Weekly video delving into Barrick's big PEA reveal for Fourmile, plus Idaho explorers IDEX and Hercules, plus some Talon Metals site visit comments.
The gold mining sector is running hot! Number two global gold producer Barrick (NYSE:B, TSX:ABX) delivered jaw-dropping PEA numbers for its Fourmile Project in the Carlin Trend, helping to trigger a major chart breakout to multi-year highs in Barrick shares.
In this week's video, I discuss where we are in the bull market cycle and why I believe there is some cause for caution in the near term. We then delve into the recent news from Idaho explorers IDEX Metals and Hercules Metals, before concluding with some comments on a recent site visit to Talon's Tamarack Nickel-Copper-Cobalt-PGE Project in Minnesota.
Disclosure: Author owns several stocks discussed in this video including BIG.V IDEX.V TLO.TO. Author may choose to buy or sell at any time without notice. IDEX Metals Corp. has compensated Goldfinger Capital for the production and dissemination of CEO interviews so some information could be considered biased.
DISCLAIMER: The work included in this video is based on current events, technical charts, company news releases, corporate presentations and the author’s opinions. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. This video is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies can easily lose 100% of their value so read company profiles on www.SEDAR.com for important risk disclosures. It’s your money and your responsibility.