SPX Bull Trap Setting Up? The S&P 500 (SPX) is approaching 5783, which is the upper-end of an important target/resistance area we have discussed for over a month (5670-5783). Using the 2007 SPX topping analog which has tracked the current market almost perfectly, it would suggest a 2% or less move above the prior all-time high set in July at 5670 before topping, which is where we get the 5783 number... see chart below. We acknowledge that the SPX is technically "breaking out" to all-time highs ...
Snap-Back Rally Tests YTD Highs We are seeing a broad-based snap-back rally after the S&P 500 found support at our 5100-5191 target/bounce area which we discussed in our 7/30/24 and 8/6/24 Compass reports. Still, we believe we are not yet out of the woods as we still see the S&P 500 and Nasdaq 100 (QQQ) going through a 1- to 4-month pullback/consolidation period, and market dynamics remain far from perfect. In light of this, we downgraded our long-term outlook to neutral in our 8/6/24 Compass a...
Summary Coeur Mining Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Coeur Mining Inc (Coeur) is a precious metals mining company. It carries out the exploration, production and development of silver and gold mining assets in the US, Canada and Mexico and exploration pr...
Summary Newmont Corp - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Newmont Corp (Newmont) is a gold mining and exploration company. It also carries out the exploration, production, processing, and refining of silver, zinc, copper, lead, and molybdenum. The company operate...
More Long-Term Breakouts; Bullish Outlook Intact We remain bullish on the S&P 500 and Nasdaq 100 (QQQ), as they both refuse to close below their 20-day MAs or 21-day EMAs for more than 2-3 consecutive days. There is nothing that says this can't continue. With that said, once we do get 2-3 closes below the 20-day MAs or 21-day EMAs on the S&P 500 and QQQ, it would mark the beginning of a pullback (a potentially rapid one, at that), with next supports currently at 4983-5050 on the S&P 500 and $42...
Vista Gold Corp. Announces Final Results from Phase 2 Drilling at Mt Todd DENVER, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced positive results for the two remaining holes in Phase 2 of the ongoing drilling program at the Company’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia. Highlights VB21-012 – Intersected over 100 meters of mineralization, inclusive of three zones of +1 grams gold per tonne (“g Au/t”) subvertical vein-sets 10.0 meters @ 1.29 g Au/...
Vista Gold Corp. Outlines Mt Todd Priorities DENVER, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to provide an update on its priorities for advancing the Company’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia. Frederick H. Earnest, Vista’s President and Chief Executive Officer, commented, “Mt Todd is a world-class gold project in a well-established and mining-friendly jurisdiction. We have advanced and de-risked the Project and with the approval of the Min...
Vista Gold Corp. Starts Third Phase of Exploration Drilling Program at Mt Todd DENVER, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced that it has completed the second phase and commenced a third phase of the exploration drilling program at its 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia. A photo accompanying this announcement is available at Frederick H. Earnest, President and Chief Executive Officer of Vista, commented, “We have completed a total of 18 ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Vista Gold Corp. Announces Second Quarter Financial Results and Corporate Update DENVER, July 28, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its unaudited financial results for the quarter ended June 30, 2021, which were highlighted by the approval of the Mining Management Plan, the last major permit required for the development of Vista’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”), and reported cash and cash equivalents of $6.3 million. Drilling Photo Frederick H. Earnest, President and Chief Exe...
Vista Gold Commences Definitive Feasibility Study for the Mt Todd Gold Project and Advances Other Key Programs DENVER, July 21, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (“Vista” or the “Company”) (NYSE American and TSX: VGZ) today announced that it has commenced work to complete a feasibility study (“FS”) for its 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) in Northern Territory, Australia. Tetra Tech has been engaged to lead the FS, which is expected to be completed in the first quarter of 2022. The FS and other key programs are expected to increase reserves and mine lif...
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