I once watched a movie called the Curious Case of Benjamin Button, a character played by Brad Pitt. It was about a man who aged backward – quite a clever premise for a plot. This is how I feel about Platinum Group Metals Ltd. (TSX:PTM / NYSE:PLG). A quick look at the stock chart should tell you why.
The market seems to like the news coming out of Excelsior Mining Corp. (TSX:MIN, OTCQX:EXMGF) recently as their in-situ copper leaching project is on track to transitioning the company to producer status this quarter. Here is a look at the breakout of Excelsior Mining and another look at the copper chart.
One of the most important keys to successful speculation in the junior resource sector is to figure out the “size of the prize.” What exactly does this mean? Let’s examine a detailed “case study” of which I am most familiar because of my first-hand involvement.
A week ago, in our educational segment 002, we took a close look at how a positive MACD crossover of the signal line over the trigger line when both lines were above the zero line was noted for Wallbridge Mining (TSX: WM). This positive chart condition sometimes offers clues for “better things to come”. Here’s how that played out and what we see in copper today.