1. As is apparent from the chart above, we're at an important juncture for Gold Mining shares. It could go either way, but I think we aren't yet ready to break out of the huge triangle pattern that has been developing since May.2. The helicopter shootdown theme first identified here at the end of January is getting a lot of attention in the media recently.
3. Looks like the U.S. Mint is taking a step in the right direction with the rollout of the $1 coin. At least it will have some intrinsic value due to the metal content. If you know the exact content and melt value of the new coin, let me know.
3. In company specific news, UXG relaunched its tender offers for White Knight Resources, Nevada Pacific Gold & Tone Resources, each at a 25% premium to the price of each company's shares at a day prior to UXG's previous take over announcement. The offer will expire on March 23.
4. Copper Update: CUP is back in an uptrend. I'd accumulate on any pullback, especially if it pulls back below $4. NTO has also been strong during the recent mini surge in copper prices but it has major resistance at around $4.10. TGB is another copper play. But CUP has the best chart out of the three in my opinion.
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