Tuesday, October 23, 2012

New blog find: Bull Market Run

I know nothing about the guy, but while poking about the Huldra board I noticed a link to a "bull market run" analysis of HDA's chart, so I gave the blog a look.

Meh, blog looks nice, explains things easily, seems to cover the Venture explorecos like saran wrap, so I'd like to add him to my RSS feed for a while and see how his TA works over time.

Bull Market Run

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5 comments:

  1. Re: Huldra Silver. The stock recovered quickly and spiked up on volume due to a newsletter recommendation by Jordan Roy-Byrne (is that who JoJo is?). I like the company and its asset. But the reality is if you review their financials and MD&A there is considerable debt obligations ($10M+) due in Q1-2013 in addition to the $6-7M of remaining capital development in the mine and mill for 2012 (measured from Jun 30).

    So even after closing the current financing deal, the production and cash flow will not ramp up fast enough, and they will have to either go to the well again within six months or renegotiate a longer term debt deal. My money is on Sprott getting their opportunistic extortionist free "bonus" shares again when they lend money to them.

    ReplyDelete

  2. They have a huge bunch of warrants expiring over the next year, so this should provide some cash.

    WARRANTS EXERCISE PRICE EXPIRY DATE
    125,000 $0.75 December 22, 2012
    6,476,880 $1.35 July 14, 2013
    500,189* $1.05/1.35 July 14, 2013
    169,070 $1.05 July 14, 2013

    ReplyDelete

  3. BMR was very early in on Gold Bullion and GoldQuest. I made some nice money from that GBB reco, and I sold to the Caseys!

    I haven't visited the place since, maybe I should, but it all got a bit too much of the pump'n'dump, me thinks.

    ReplyDelete
    Replies

    1. If you sold to the Caseys, then that's a good thing.

      I dunno, I just added it to my RSS and will spend the next couple weeks evaluating it. I saw some interesting charts, at least, and I would truly like to get a larger stable of stocks to follow.

      Delete

  4. Selling to Casey's herd is always a good thing, but I think BMR kept his shares for way too long. GBB was going to be Osisko 2.0

    It will be interesting to see what you think but I don't fancy these microcaps.

    What is that ATY fuss about? You have a truck load of shares and otto is in wait-and-see-what-the-spreadsheets-spit-out mode?

    ReplyDelete

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