TA 101: Talon Metals & The Analog To MAI In 2019

Shares of Talon Metals have doubled in the last month on the optimism fueled by a massive sulphide discovery at the company's Tamarack Nickel-Copper-Cobalt-PGE Project in Minnesota

In today’s video, I deliver an 11-minute TA101 talk on Talon Metals (TSX:TLO) and its current chart setup, supply/demand situation, and a very close analog to Minera Alamos (TSX-V:MAI) in May/June 2019. Junior mining speculators would do well by having a command of fundamental technical analysis concepts, including support/resistance, overbought/oversold, and what a healthy consolidation/resting period in a stock looks like.

So far, Talon is following a classic bull market adjustment trade scenario. Including healthy consolidations amid a stair-step higher.

Disclosure: Author owns TLO.TO at the time of publishing this video and may choose to buy or sell at any time without notice.

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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.SEDARplus.ca for important risk disclosures. It’s your money and your responsibility.