TWO Stocks: Kinross Gold Corporation (KGC) and Hecla Mining company (HL)

   

Market Talk 

Much has happened since our last post.  The Fed cut rates, as expected, but also noted that a follow-on rate cut in December is uncertain as they try to monitor inflation in a government shutdown.  Then -we saw the elections that show further polarization of the country.  

The Markets have shown that although at all- time highs, individual stocks are stretched.  Meanwhile the fiat currencies are becoming more devalued, including the dollar.
Gold and silver prices, although bouncing around high thresholds are holding near all-time highs. 

Stock  Talk 

Two mining companies, as described in prior posts here, stand out as continued high performers,

Kinross Gold Corporation (KGC)

                    and,

Hecla MiningCompany (HL)

Speculation Corner penny stock - Relevant Gold (RGCCF)

Kinross recently 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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If interested - scroll back and view notes on other stocks, we watch here at the Jones report.  Why not? With the caveat that things change and we try to stay aware - It's all FREE to read and make your own calls and decisions.  Finally - maintain some dry powder and trade or invest according to your own due diligence.

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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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ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
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