Showing posts with label THX. Show all posts
Showing posts with label THX. Show all posts

2021-05-27

Under the Radar First Pour

This is a stock I have followed for some time and it is now coming up on production in Q3 2021. With every mining stock there is the caveat of bad management and bad luck wrecking a perfectly profitable mine, but...if they execute on their plan and if new highs beget new highs for gold in the next 3 to 5 years, then I think this stock could very well trade for $1 or more. I have been aggressively buying here.

For traders, the short-term peak will likely come when they announce their first pour.

Other first pour stocks I have bought coming into this year, or during this year, are as follows:

2020-12-08

First Pours 2021

I'm compiling a list of first pour companies for 2021. These are miners that will make their maider pour or who will be substantially increasing their production with a new mine. One that is on sale right now is Thor, THX in Canada. There are no OTCBB shares. They are aiming for a Q2 2021 first pour, but I think it is a buy right here because they have assays incoming and the price is discounted. I don't think this will get back to 12 cents, but that is the downside risk. I would be a strong buyer at that level. On the upside, above 25 cents is where the breakout begins.
Another first pour I already own is Emerald Resources, EMR. Nice base on the chart. Aiming for a Q2 pour as well. The mine is located in Cambodia.