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Humphrey Hale, CEO, Managing Geologist, Carnavale Resources Ltd.

Humphrey Hale
CEO, Managing Geologist | Carnavale Resources Ltd.
Level 2, Suite 9 389 Oxford Street, WA 6016 Mount Hawthorn (AUS)

info@carnavaleresources.com

Interview Carnavale Resources: Good cards for long-term success


Bill Guy, Chairman, Theta Gold Mines Limited

Bill Guy
Chairman | Theta Gold Mines Limited
Level 35 (ServCorp), Intl Tower One 100 Barangaroo Ave, 2000 NSW Australia (AUS)

info@thetagoldmines.com

+61 2 8046 7584

Interview Theta Gold Mines: This team has already brought 20 mines into production


David Mason, Managing Director, CEO, NewPeak Metals Ltd.

David Mason
Managing Director, CEO | NewPeak Metals Ltd.
Level 27, 111 Eagle Street, QLD 4000 Brisbane (AU)

info@newpeak.com.au

+61 7 3303 0650

Interview New Peak Metals: Many chances for great success


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
ISIN: CA32076V1031 , CA8283341029 , CA09258M1014


Steve Cope, President, CEO and Director, Silver Viper
"[...] In our experience, the local communities are supportive and friendly. [...]" Steve Cope, President, CEO and Director, Silver Viper

Full interview

 

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:

21. June 2021 | 10:49 CET | by Stefan Feulner

Palantir, Blackrock Silver, Freenet - Decisive weeks

  • Silver

Uncertainties on the capital markets are increasing, and so is the potential for corrections. The reason is once again the concerns about rampant inflation. After last week's meeting of the US Federal Reserve, key interest rates were left at historic lows, but discussions about curbing bond purchases and possible interest rate hikes as early as 2022 continue to grow. If the FED were to call an end to the ultra-loose monetary policy soon, this would be a fatal sign for the markets with far-reaching consequences.

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Blackrock Silver, JinkoSolar, K+S - Betting on the trend

  • Silver

Silver is not only in demand as a "crisis currency," but also from industry. The precious metal is characterized by several advantageous physical properties that make it extremely valuable for industrial use. For example, silver plays a major role in solar and battery production. As a result, the price of silver has already risen significantly in recent months. But what if the trend continues for longer?

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14. June 2021 | 08:02 CET | by Stefan Feulner

Aixtron, Silver Viper, NIO - Bright prospects

  • Silver

The ongoing green technology revolution, driven by the exponential growth of alternatively powered vehicles and continued investment in solar energy, will further accelerate global industrial demand for silver over the next decade. Battery production for electric car use alone will require approximately 20,554 tons of silver by 2030 - bright prospects for silver companies. Yet, development is just at the beginning of a new cycle.

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