
An old charts Sng posted on another site long ago. Timing was horrible but price almost hit right on, We just stopped at $986
Next stop after 1000 is $1600 FWIW!

Good first hour
Better than I expected. Hopefully the dollar stays put or falls some more. Silver surprising so far.
Maddog
“Shorts puking”
I like the sounds of that! 🙂
Hmm
Looks like some shorts may have jumped in yesterday at the first sign of weakness and are rethinking their positions.
Can’t really blame them, it’s worked well for them in the past.
ipso facto
IF GDX is seeing that much buying , then the shorts have sold an awful lot of that.a…Algo’s can’t/don’t read chart patterns …well maybe , they just see another rally to sell into…maybe once we clear this consolidation, they will start to puke.
Morning maddog
The dollar is working for us a little. Retail sales here missed, not hurting us.
Lately the dollar has started weak and come back toward flat during the day. Hopefully not today.
Retail coming in
The Kobeissi Letter
@KobeissiLetter
Retail investors are piling into gold-mining stocks:
The gold miners ETF,
$GDX
, attracted +$9 million in retail inflows on Wednesday, posting its 6th daily inflow over the last 7 trading sessions.
This follows +$17 million recorded on Monday and +$25 million on Friday, the largest daily inflow in at least a year.
By comparison, the previous largest daily inflow in 2026 was +$23 million posted in February.
Overall,
$GDX
has attracted +$419 million in inflows so far this month, putting it on track for its largest monthly intake since February.
Demand for gold miners is skyrocketing.
Wesdome
Mark
@Mark_IKN
Wesdome
$WDO.to
2q26 first impressions. Decent enough qtr, avg received gold price (C$6,040/oz) was slightly low (often simple bad luck), op costs right on the button, G&A up. Overall: acceptable.
Like strong spend on mine assets
Like the share buybacks
Like adoption of DRIP
Wesdome Reports Strong Second Quarter 2026 Results and Reaffirms Full-Year Production and Cost Guidance
have to call this v bullish action, powering up with no news
It may only be a B wave up, with a C down/sideways to come…..but the way it runs as soon as the wave goes up. is v bullish.
Back on track?
I think there’s a chance. No downside follow thru this am for whatever that was yesterday. It seems whenever pm’s go sideways for a few days, it resolves with a move down. I still think there’s a good chance we’re in the beginning of a new bull. We’ll see if I’m high on the hopium.
Right now everything is pretty much flat. The dollar is down slightly.
I’ll go out on a limb and say we recover at least half of what they took yesterday, and they close them up near the round numbers, $4400 and $65.
Hopefully we resume next week.
ferrett @ 20:02
Dangerous business not even taking into account Black Lung Disease. I’m sure it’s better now but still you are doing good if you’re a coal miner and live to 70. I think people back then were tougher, maybe by necessity. Little safety net … you don’t work and your family doesn’t eat.
ipso, 18:29, Dad was a coal miner in the ’40’s
No chance of smoking underground back then. You were searched for matches, lighters and cigarettes before you got into the cage. Of course, in a coal mine methane was a given, Davy lamps and canaries were the only detection method back then – canaries were not outlawed until the 1980’s in the UK. Claustrophobia? The seam was only two feet high. Rescue teams? Simply the most experienced miners fit enough, but they never had a need at his mines. Neil didn’t mention what you did if you needed a crap ….
No bowl of cherries
Neil Ringdahl
@NeilRingdahl
·
14h
Today, in talking about gas in mines to someone on X, I was reminded of my first trip as a #Mine #Rescue brigadesman and part of a “proto team” to a gas explosion in South Africa back in 1995. A grim memory that I can never forget and stills feels like yesterday.
I don’t like to talk about these experiences, they are painful, but I think it helped me a little to put it to paper, albeit with tears at one point. So it is not an entertainment piece, I hope it educates those who know nothing about mine rescue & warns some of my fellow miners to always respect the danger of gas in mines and the importance of good ventilation to mitigate it.
If you are easily upset or queasy, please read no further.
SNG, Maddog
SNG – I would venture a guess I’m about the same from May 15th, but still a good 20+% off from February. This rally of the last week has helped a lot, and the shares are outperforming so far.
Maddog – GDX did manage to hold the 200 day today, I think there’s a fair chance we turn up tomorrow, but it depends what the scum has in mind and how deep they want to correct them.
People who don’t have to die with the right treatment.
Antiparasitics saving dogs and cats too.
Sng
Dang you were busy. Yeah I remember and mentioned AON and below bid to catch it on the way down as quickly as I saw you post and after my frustrating experience of trying to sell and get out before it turned back down a Canadian stock when it reached my target, just a small order testing the foreign waters stock and it just sat there even when it was moving up beyond ask price. I changed it to a below bid price THE NEXT DAY and finally it sold. Then after what I read from you that day no matter how good a Canadian mining stock is I never would buy unless it traded in a US ticker symbol.
Also people might remember after 08 crash someone else watching this happen. Their wives. Might not want them trading anymore. There husbands health alone vs the market.
Looks like we are correcting that 400 dollar rally
How far we fall will tell much.8 days up…maybe 3 to 5 down.
goldielocks @ 13:55 All true! but I had already taken out the “big winners”, then concentrated on priorities.
I was managing another two portfolio’s for my mother and my in-laws so got them out along with my big winners so they were safe. By that time the PM;s were falling fast and that is when I was getting fleeced on the residue I had remaining; nickel and dimed to death as you are describing…and in those days the commissions were $25 per trade so it was costing me more for commissions than I got for the 10 shares someone bought when I had 1000 shares to sell. Yes, I got “spanked” on those until I began putting in “all or none” sell orders. That stopped their games.
silverngold
We’re just going to have to exit before it all becomes chaos.
Try to do better next time! 🙂

