Hey I’m no TA junkie or pusher, but check out Chariot Resources (CHD.to) today.
This is the copper junior explorer with the large ‘Marcona’ property on the South coast of Peru that it majority owns (with a Korean consortium heavily involved) and that IKN mentioned recently. With copper showing continued strength (topped $1.80/lb today), people seem to be revisiting this beaten down junior. As for the wider sector, the upmove is true of more than just CHD.to, of course. Here are a few examples of LatAm copper junior charts. Featured are Baja Mining (BAJ.to), Inca Pacific (IPR.v) and Candente (DNT.to).
There’s no reco in this post. DYODD, dude. There are also plenty more stocks displaying short-term pops on the recent copper moves and it’s not confined to the non-producing explorers with large copper prospects in LatAm. Call this post a small headsup and let’s see what Dr. Copper does next.