Silver Takes The Helm, Platinum Breaks-Out, & Talon Metals Drills A Norilsk Nickel-Copper Intercept
Gold has passed the baton to silver and platinum, the white metals are taking the lead in the current phase of the metals bull market.
Last week, silver broke-out above $35/oz and outperformed gold. This is great news for junior mining investors because silver outperformance tends to occur during bullish phases for precious metals explorers/developers.
Mid-tier producers, high quality developers, and silver miners continue to outperform. This is a good sign that the precious metals equities bull market is evolving in a healthy fashion. In addition, platinum broke-out above major multi-year resistance at $1,100 last week. It will be interesting to see if this platinum rally has legs.
The video concludes with a discussion of Talon Metals' incredible new massive sulphide discovery at its Tamarack Project in Minnesota (47.33 meters grading 21.4% nickel-equivalent) and the geological model for conduit-hosted massive sulphide deposits. Lundin Mining's Eagle East Deposit in the UP of Michigan is a good analog for Talon's new discovery, and there is a tiny junior explorer (Bitterroot Resources) with a project adjacent to Talon's Roland Project in Michigan (LM is located 25km from Lundin's Eagle and Eagle East deposits).
Disclosure: Video creator owns ALB BTT.V TLO.TO shares at the time of publishing this video and may choose to buy or sell at any time without notice.
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