Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

2 Big Conferences Next Week Could Boost #JuniorMiningSector

By Jeb HandwergerCommoditiesSep 05, 2019 01:29AM ET
2 Big Conferences Next Week Could Boost #JuniorMiningSector
By Jeb Handwerger   |  Sep 05, 2019 01:29AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
Gold/Silver Weekly Chart
Gold/Silver Weekly Chart

Important developments are taking place this week as investors return from the end of the summer doldrum season. Conference season picks up this weekend and next at the Metals Investors Forum and the Precious Metals Summit in Beaver Creek. Both are sold out!!!

I expect to see a consistent flow of news and for gold to consolidate while silver and the junior miners play catch up to the higher gold price. I believe many investors have missed out on the move in gold this summer and are looking to position in some forgotten junior miners still unknown by the masses.

Take notice of the chart above of the gold-silver ratio which just recently almost hit 95-1 gold to silver ratio. Now silver is outperforming this week causing the gold silver uptrend to breakdown.

The Venture Exchange and small junior miners perform better when the gold-silver ratio breaks down which it appears to have recently done. Notice some of the great junior rallies occurred 2003-2007 and 2009-2011.

Could we be in for a few good years? As I heard one speaker say once we had the pain of the bear market lets enjoy the gain of the next bull market.

This weekend we have the Metals Investors Forum where already we see some interest coming in to some of the companies about to present with the newsletter writers. Eric Coffin will be there with his picks such as Great Bear Resources Ltd (TSXV:GBR) which came out with great drilling news taking the stock from 50 cents to $8 bucks... Minera Alamos Inc (TSXV:MAI), Barrian Mining Corp (TSXV:BARI) and Libero Copper Corp (TSXV:LBC) are three which are all drilling for #gold right now and put out news they are presenting. So I expect some good content soon.

Then next week you have one of the best mining shows in Beaver Creek Colorado. The junior mining market appears to be in the early stages of a bull market and many investors are still underweight or have zero exposure to gold.

Junior mining has been chronically underfunded for years and the majors have not put much money into exploration. Some of these miners will die if they don't grow or get in early on discoveries. That is why significant discoveries like Great Bear have gone from 50 cents to $8.

I believe there are other discoveries out there that have not really taken notice from investors or situations with tired shareholders who used good drilling news to sell out. Take a look at the results these past few weeks with $GTT.V #GT Gold backed by Newmont and $SUNM.V #sunmetals backed by Teck that both have great results but market has ignored them. Unfortunately among retail investors BC still has a bad rap but that could change with some of these great results.

Keep a close eye on Strikepoint Gold $SKP.V which is drilling right near Pretium in the #goldentriangle. Lots of smart investors know this is a discovery 20 years in the making. They released news that they have sent in assays and are getting them rushed! I'm hoping for a discovery and a break of a major 2 year downtrend.

Triumph Gold $TIG.V could be a big discovery in the Yukon. They are drilling the deepest hole into the richest porphyry in Yukon history !!!! Jordan Roy Byrne says Triumph looks phenomenal!

Finally, silver is making a major breakout and you must follow the #kenohill #silverdistrict in the #yukon. Alexco $AXU could be a takeout target and $MMG.V #metallicminerals may be next. The same guys who built Novagold and Trilogy are building a model around Alexco which could generate possibly a consolidation of the district by a major...just my thinking but what do I know. Remember Barrick tried to buy out Novagold this is the same team who built that asset? They are doing amazing work in #kenohill.

Finally, its time for silver and the junior explorers as evidenced above by the breakdown in the gold to silver ratio. These next few weeks could see lots of new interest in the juniors as investors waken up to the rising precious metal prices breaking out into six year highs. We will watch carefully over the next few days for exciting news. Stay tuned.

2 Big Conferences Next Week Could Boost #JuniorMiningSector

Related Articles

Phil Flynn
Energy Report: Build Back Big Oil Better By Phil Flynn - Jul 30, 2021

It must be frustrating for the Biden administration that all of the policies that they put in place to try to reduce America's dependence on oil and gas are helping build back Big...

2 Big Conferences Next Week Could Boost #JuniorMiningSector

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email