9 replies to this topic

[linrom1]

 

Maybe a bottom? DYOD

 

[dougie]

 

Maybe a bottom? DYOD

 

all i know is that if you liked KL at high 50s you must be loving it here on SALE.

practility a buy one get one free

[crossd]

wait for that ma line just above 30

 

donc

[linrom1]

wait for that ma line just above 30

 

donc

You must expect gold to head to 1700, but that Kwave MA 900 should hold it then.

[dougie]

 

 

Maybe a bottom? DYOD

 

all i know is that if you liked KL at high 50s you must be loving it here on SALE.

practility a buy one get one free

 

it could well be a nice cup and handle.

[linrom1]

 

 

 

Maybe a bottom? DYOD

 

all i know is that if you liked KL at high 50s you must be loving it here on SALE.

practility a buy one get one free

 

it could well be a nice cup and handle.

 

I haven't cheked other mining stocks, but, this one is holding up relatively well so far.

[dougie]

 

 

 

 

Maybe a bottom? DYOD

 

all i know is that if you liked KL at high 50s you must be loving it here on SALE.

practility a buy one get one free

 

it could well be a nice cup and handle.

 

I haven't cheked other mining stocks, but, this one is holding up relatively well so far.

 

35% correction? That is nothing to sneeze at

[senorBS]

 

 

 

 

 

Maybe a bottom? DYOD

 

all i know is that if you liked KL at high 50s you must be loving it here on SALE.

practility a buy one get one free

 

it could well be a nice cup and handle.

 

I haven't cheked other mining stocks, but, this one is holding up relatively well so far.

 

35% correction? That is nothing to sneeze at

 

once again has become my largest holding, with GDXJ second and Wesdome (WDO.to or wdoff) 3rd. I have traded in and out  around a core this week and have added overall into the decline. Now about 40% long, accts currently drew down about 2 -3% from new all-time highs a week to 10 days ago. Think we are VERY close to a final bottom, KL and WDO look like potentially completed abc large corrective declines. GDXJ looks like a double zig to just below the 200-day MA and also "might" be done, need more convincing upside action  before thoughts of a low can be "serious".

 

Senor

[dougie]

"need more convincing upside action"

 

yeah and likely another wave down

[senorBS]

This company just keeps chugging along, nice results from additional drilling at Detour Lake - what a great acquisition that was.

 

Kirkland Lake Gold Reports Wide, High-Grade Intersections in Saddle Zone at Detour Lake Mine, Drilling Extends Mineralization 200 Metres to West (ceo.ca)

 

From the twittersphere:

 

High Grade ⚒ on Twitter: "$KL with mid-afternoon update on Saddle Zone, Detour. https://t.co/eJiCCiwO1H" / Twitter