chart speaks for itself- expect retracement to the high 30's perhaps not any lower then higher moves to come. other plays newstrike, maricann, relevium can duplicate this move... hexo.to aph.to, ogi.to, weed.to have all done very well in aug-sept...
sic.v is done for now- new more follow up holes on the recent lucky hit and that will be sometime. not east to pinpoint but sure a long intercept with high grade. Aben's hole was much more shallow. Many other plays to look as for the meantime- advance gold has just been a terrible ride down and hence the watch along with kg.v
little early on the call to short these but we have seen declining tops since late july and recent lower low on google near 1250. Were sitting $90 lower in 6 trading days!!! those puts would have paid handsomely... next support near $1110 or the 200 day moving avg. which i do expect will be touched. Much better value in commodity stocks including names like cresy at $14 with a stop at $12... this could rally back to $20... for a name like google--- that would mean the eqivalant of $1650 and i don't see that happening for quite some time... same goes for many names in the tech sector. PE ratios are high in many cases
Working towards a tradeable low this year for the metals
long term- 2-5 year holds-- in silver @13.55 and gold @1126 USD
these are my 2018 bottom projections as of now and a target exceeding the 2011 highs to follow in 2020. Lets first see how this bottoming formation unfolds. Ditto the crypto currency markets in the 150B total range acting as a well defined support erasing the majority of the gains made since mid 2017. Will keep active traders and contacts informed regarding the best strategies going forward including possible futures contracts to be rolled over month after month or miners with or without warrants. Call options as well on ETF's or leveraged ETF's
looks like mining shares will continue to outperform given they are cheap... many are solid like rvg.v, pgm.v as buys and so are silver names on dips but the markets overall could pop for a bit... good luck guys