Stock Talk
a pause, not a problem
October hasn’t broken anything. Yesterday the miners were sprinting; today they’re catching their breath. That’s what bull runs sometimes do — move, rest, then move again. Gold still above four-thousand and silver near fifty tell the real story. A little red on the screen doesn’t change that; it just shakes out some nerves.
the core rides out the pullback
Gold miners are under pressure today — Hecla (HL) and Kinross (KGC) both trading softer after yesterday’s strong run. No bad news, just the usual money shuffling around in the group. Most of the forums are calling it a buying opportunity — time will tell. With the rise in silver demand and central banks collecting gold, earnings will speak for these two miners.
Kinross and Hecla eased back after yesterday’s strength. Both are steady producers with cash flow and good ground. Holding on and waiting — earnings will settle the matter. Not sweating the zigs and zags here. We’ve been on KGC from the beginning, and this looks like a no-sweat zag — the kind we ride through, not trade out of.
quiet confidence out west – a penny stock with big land
While most traders were watching the dip, a small note hit the Fidelity feed: Kinross exercised its warrants and boosted its stake in Relevant Gold (RGCCF). No fanfare, no hype — just a modest $2.9 million top-up and a show of quiet confidence.
Relevant trades around $0.30, a true penny stock with light volume — average about 38,000 shares a day. That means only small limit trades, and only for those willing to wait and speculate on what Kinross may also be seeing out there.
Relevant Gold – Wyoming Project Portfolio” map showing 40,000 + acres]
Kinross already knows this kind of ground. It built part of its success mining the same ancient, gold-bearing formations farther north. Wyoming’s belt offers that same geology inside the U.S. — stable laws, open ground, and less competition.
Relevant controls more than 40,000 acres across several projects, with mapped shear zones and visible gold at surface. For Kinross, a small investment secures a front-row seat on a big land story. The first drill results are due early next year. It’s a waiting game, thin volume and all, but sometimes that’s where the quiet setups start.
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Disclosure: Jones bought 5,000 shares of RGCCF with a limit order at $0.30 — taking the gamble alongside Kinross. The Jones Report has no affiliations or arrangements with any company mentioned here in StocksToWatch. This isn’t a pump site, just conversation about what’s out there — and what may or may not be.
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More later so ....Stay tuned, if you dare!
For now, we close by noting that any view on the market and stocks on any particular day may change in the days to come. That is why we watch and see how our views match up with reality. Looking ahead a few months may be a way to do things - but thinking too deeply about world events and the recent alliances forming, can make projecting ahead a dicey endeavor.
All in all - we use the word maybe "some", not "too much" and play it accordingly. Never get arrogant in our notions because things do change - and individual stocks are subject to many factors outside our control. So, we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
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