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Dirk Harbecke, Executive Chairman, RockTech Lithium Inc.

Dirk Harbecke
Executive Chairman | RockTech Lithium Inc.
600 – 777 Hornby Street, V6Z 1S4 Vancouver (CAN)

info@rocktechlithium.com

Rock Tech Lithium: Where Canadian Mining Meets German Engineering


Andrew Davidson, CEO, Royal Helium Limited

Andrew Davidson
CEO | Royal Helium Limited
224, 4th Avenue South, S7K 5M5 Saskatoon (CAN)

davidson@royalheliumltd.com

+1 (306) 281-9104

Royal Helium CEO Andrew Davidson on NASA, SpaceX and the path to dynamic growth


Craig Taylor, CEO, Defense Metals

Craig Taylor
CEO | Defense Metals
605-815 Hornby St., V6Z 1T9 Vancouver (CAN)

craig@defensemetals.com

+1 (778) 994 8072

Milestones, ESG as an USP and the new openness of policy toward rare earths outside China - Defense Metals provides backgrounds


29. January 2021 | 13:50 CET

First Majestic, Silver Viper, Blackrock Gold - What is the next Reddit target?

  • Silver
Photo credits: pixabay.com

The stock markets are going crazy. The Gen Z traders' battle, who have networked via the broker Robinhood and the community platform reddit.com, continues. After the trial of strength escalated between the hedge funds Melvin Capital and Citron, which bet on a falling price in the GameStop share, and the pack of gamified traders, who bought the paper in a concerted action, it now goes into the next round. The target has been proclaimed on reddit.com. It is mining stocks, primarily in silver.

time to read: 3 minutes by Stefan Feulner


 

Author

Stefan Feulner

The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
He is passionate about analyzing a wide variety of business models and investigating new trends.

About the author


First Majestic Silver the favourite

As stated yesterday in a thread on Reddit, "The biggest short squeeze in the world $SLV Silver 25$ to 1000$". According to the author, the silver market is one of the most manipulated markets in the world. Any short squeeze in silver stocks would be "epic." Banks would also be known to manipulate gold and silver to cover up real inflation. The watchword is to buy shares of mining stocks. The main target of the young crowd of traders seems to be the stock of First Majestic Silver. Matching the pattern of previous actions with papers of GameStop, AMC Entertainment, Nokia or BlackBerry Limited: the stock has a high short ratio, a short squeeze seems pre-programmed.

The share price picks up

After the stock broke through significant resistance at the equivalent of EUR 11.80 yesterday, First Majestic Silver exploded to over EUR 17 and finally stopped at EUR 14. Today, too, the paper is up more than 10% at EUR 15.40 on Tradegate. One may be curious about the opening on Wall Street. However, one thing is sure, one does not want to be short in this title at the moment! In addition to the share of First Majestic Silver, there are other promising stocks on the silver market. If the big short squeeze announced by the Reddit author comes anywhere close to happening, the shares of silver mining explorers and producers should go through the roof.

On the heels of Pan American Silver

The business of junior explorer Silver Viper is performing exceptionally well. The Canadian explores for gold and silver in Sonora, Mexico. The Company is currently operating its La Virginia gold-silver project, which was once owned by Pan American Silver Corp. The former owners had previously drilled 188 holes totaling 52,000 meters between 2010 and 2012. Silver Viper is using this historical data to define new target drilling. In the El Rubi zone, high-grade precious metal grades were identified in recent months. Additional drilling has shown a southern extension of the mineralized zone and the continuation of existing mineralization trends. Furthermore, management reported that test results should also indicate a high recovery rate of precious metals. With a good cash cushion of approximately CAD 3.5 million, exploration work is expected to be significantly expanded in 2021. The market capitalization is currently EUR 14.25 million. The share price is rallying strongly in parallel with First Majestic and closed yesterday at CAD 0.47, up 5.68%.

Blackrock in gold and silver

Also of interest is the stock of explorer Blackrock Gold, which is working on two very promising projects in the US state of Nevada. At Tonopah West, there was reason to celebrate at the end of December. Due to positive results, the Victor gold vein had to be extended by almost 500 meters. Also, the gold and silver discoveries were significantly above forecasts. Thus, in the full year 2020, the Company achieved 14 gold and silver discoveries with peak four-digit results in grams per ton. Further drill results are still pending for 2021. Should these also turn out positive, Blackrock Gold will still become a precious metals producer in 2021.

Spin-off lifts value

Blackrock Gold's second property is also performing positively. At Silver Cloud, the Canadians were able to announce the start of a 3,500-meter drilling program. The area is attractive because the geology shows many similarities with the Hollister mine operated by Hecla Mining. Here, the Company is currently evaluating whether Silver Cloud could be the extension of the Hollister mine. Management is also planning to transfer the project to a new company as a spin-off, bringing significant fantasy to the share price. At the moment, Blackrock Gold is at CAD 0.72 after a daily high of CAD 0.83. Here, too, the community seems to have already taken up the fight.


Author

Stefan Feulner

The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
He is passionate about analyzing a wide variety of business models and investigating new trends.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

02. March 2021 | 09:39 CET | by Stefan Feulner

Ballard Power, Silver Viper, First Majestic Silver - How to participate in the supercycle!

  • Silver

We are at the beginning of a new supercycle in commodities. The reason for this is, among other things, the policy that demands and subsidizes a low-carbon economy. However, this requires an enormous demand for industrial metals, which will become increasingly scarce in the future. Silver is one of these raw materials. The solar industry demand for the precious metal alone can hardly be supplied in the next few years. For this reason, the shortage of supply should cause prices to rise sharply.

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NIO, Silver Viper, BYD: E-car investors should think outside the box

  • Silver

Electromobility is turning industries upside down, much more than many think. It has long been known that electric cars rely on lithium and copper. It is also an open secret that Chinese manufacturers now have a competitive advantage in electromobility and that manufacturers such as BYD and NIO are rightly being hyped. However, in this article, we will look at why silver can be an alternative for investors with a weakness for e-car stocks. But first, let's look at an auto stock that has it all.

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18. February 2021 | 10:08 CET | by Carsten Mainitz

First Majestic Silver, Silver Viper Minerals, Endeavour Silver - After the Short Squeeze is Before the Short Squeeze

  • Silver

Silver has performed much better than gold in recent weeks and months. Investors were able to book profits with the precious metal, while losses were made with gold investment. Often the prices of precious metals run relatively in unison. The fact that the demand situation of silver also includes the industry it can lead to short-term deviations, but also speculation can move prices powerfully in the short term. Some stocks in the silver sector began to rally during January as the market bet on a short squeeze in some candidates based on short-sale data. We give you an update and tell you where it's worth being involved.

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