Third Party > Today’s article from Kimble Charting Solutions notes that the Silver rally is approaching a crossroads and is at “triple breakout resistance”. If Silver can continue to rally, it could break out of a 2-1/2 year falling channel. This would be very bullish, not just for Silver, but also for Gold and the Precious Metals sector.
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
Hercules Metals is progressing exploration at its 100%-owned Hercules Project in Idaho, where drilling has defined a copper porphyry system known as Leviathan beneath an upper silver zone. Backed by strategic investor Barrick Mining, Hercules Mining plans a 12,000m program in 2025 targeting deeper porphyry zones and potential new targets across the property. Newly permitted areas and additional land agreements strengthen the company’s position. Historic and recent drilling suggest multi-metal potential, and planned activity across the Eastern Block, Southern Flats, and Grade Creek zones may provide key catalysts for shareholders in the coming months. [more]