Old Ralph and the King Louie.....Those were interesting times, even your picture of the Calgary Tower brings back memories, when the sky line, looked like a sky line....
I am a we bit concerned, that rising tides do not lift all boats. We saw this same thing play out with higher oil prices, the majors and the mid caps participated, but the juniors never did. This may happen to the Au companies here with rising prices....fact is, the Fed ( both USA & Canada ) will be raising rates and this should be a positive for the Au market....
But have times changed so significantly? A new generation of investors that believe Bit Coin is the answer ( Bite Coin ) Here charts dont lie, two things here when Au hits the 70 RSI line and DGO has not rasied any money, its time to consider walking ( in my opinion )
Why, becasue my thesis above will be true, juniors will not participate in this run!
Today is April 1st, companies with money should be able to articulate what it is they are doing in the field in June - Oct and beyond. How is it, we do not get corporate updates on this company? What we get is the code of silience or as my grand kids say, Raido Silence...so in the next few weeks we will get the Q numbers and the balance sheet should reveal the current cash....you can send guys into the filed all day long at $100 an hour to grab more till and soil...but it costs millions to drill it and kill it....lets see where the flakes fly
J 103 This is, her very last kick at this can! I so wish her luck, but my average now is .035 so I am in the money....for now! Today, .12 and .17 are still the resistance lines....there is a .01 ( one penny ) spread between the death cross and the golden cross....and so the battle begins....
https://stockcharts.com/h-sc/ui?s=$gold