/biz/ - Business & Finance

I'm convinced Impact will surprise us all. Management keeps surpassing expectations and as a true silver producer, when this silver bull run peaks they'll go nuts. Really depends on if they can find more silver on their properties. They also have a third mine on care and maintenance which will probably start up again soon.

Aurcana's got a great mine at RV too and they'll likely find way more silver within that mountain. They haven't drilled the other parts of the mountain but it completely makes sense that there's more silver in the unexplored areas as they're just horizontal and vertical continuations of their mine workings. I shilled Aurcana here some months ago and it seems like you guys really love the stock.

>>21761174
BHLL needs $90 million to re-open their mines anon... and they have $ 5.34 million in debt; you're going to get dilluted.

Not trying to start fights I'm just a miner guy. I was the first to push Aurcana but I didn't shill and used actual DD on why it was a good stock as opposed to others. I just want to know why you chose this specific Bunker Hill to die on. kek.

Otherwise you're gambling and you want other anons to jump on your gamble train.

>>20668366
People who say TA is bullshit are retards, straight up. It's like saying a hammer isn't useful because you can't screw in a nail with it. It's just another tool with it's own uses. When your fundamental analysis points in one direction, you can use TA to confirm that direction and triangulate when to put your money in. If two different measuring tools you have give you the same number, then you can be confident your measurement is correct. However, if only one measuring tool is working, then your bet will be lower percentage and riskier.

This is where people get TA wrong, they think it's some 100% tool when in reality it just raises your percentage chance of getting the bet correctly. You can get closer to 100% if your fundamental analysis and TA both confirm a bet, but you can always still be wrong. It's just like blackjack, we're essentially playing percentages here.

The chart showed a flag setup, a big up move followed by a downward channel that the price bounced between. This is a bullish indicator. When things trade in a channel, essentially the move that breaks out or breaks down will be big. Comparing to silver's price, which broke out, Aurcana as a silver miner itself didn't breakout yet and was still trading in a channel. I used this fundamental analysis + the flag setup + Aurcana's company fundamentals to make a bet that the next testing of the upper channel will be an explosive breakout, and got a nice 25% or so for it. What's happening during a flag setup is that after the big upwards move, all the people who want to sell have to get out before the company can make it's next move. A price goes up when there are no more sellers willing to sell at a price. So there is a fight breaking out between the sellers and buyers until one of them exhausts, and here the sellers ran out and buyers took over the price action.

>>20568715
Aurcana just broke out recently, has a lot to run and probably good news in the pipeline.

>>20467771

I'm picking up Aurcana on Monday, their chart has flagged since silver's initial big push, consolidating silver's gains. However silver's price has kept moving upwards and Aurcana still needs to catch up. I see massive upside potential here and a breakout incoming.