Prepare for a Gold Miner Collapse

Gold mining stocks are imploding. There are three main reasons. One, bad stocks. Nothing can be done for them. Second is they didn't raise enough cash in the prior bull cycle. One of my former favorites, Maritime (MAE) is out of cash as the bear market hits full stride. Third are companies that are finally raising at horrible prices. LIO is an example of this. Both stocks are below March 2020 lows.

Benchmark hasn't been managed as poorly, yet it has also reversed everything.

Some silver and gold stocks:

It looks like a low could be put in, except I believe the bear market is about to kick off. I believe gold and silver stocks will implode. The time for stink bids is now.

Monster Hit at Lion One

CEO.ca:Lion One Discovers Major New Gold Feeder Structure - 20.86 G/t Au over 75.9 Meters at Depth Beneath the Current Resource at Tuvatu, Fiji

the discovery of a major new feeder structure at its Tuvatu Alkaline Gold Project in Fiji. Hole TUG-141, targeting a complex network of high-grade structures called the 500 Zone, has encountered the longest high-grade intercept yet recorded at Tuvatu, 20.86 g/t Au over 75.9m, including 43.62 g/t Au over 30.0m which includes 90.35 g/t Au over 7.2m. The new discovery is located at depth beneath the current resource fully within the permit boundaries of the Tuvatu mining lease.

The blue horizontal should hold as support with this news and quite possible a new breakout begins. This is my top undervalued+conservative near-producer pick. GCM is my conservative+producer pick.

Not Lyin'

Added this one today. Fiji gold miner.