Strategic Minerals Share Discussion Threads

[theaviator] 20/2/2019 14:34

ie a solid close and confirmation of a break above if makes sense.

[theaviator] 20/2/2019 14:31

Problem with rsi and similar is they can remain oversold and overbought for weeks on end. Remember all indicators lag and although can be helpful better to be used in conjunction with price action most importantly. I cant ignore that channel personally.

[greatfull dead] 20/2/2019 13:18

KK,

I conjure and I concur

ATB,
GD

Edited.

[kingkongtimmo] 20/2/2019 12:08

That website is free to sign up to and the piece is well written and rounds up most is the info from RNSs of the last year or so. Excellent piece

[plasybryn] 20/2/2019 11:58

Can you give us a taste of what it says please?

[kingkongtimmo] 20/2/2019 10:58

Unfortunately I dont know how to here, sorry! I use RSI, momentum, and MACD. Momentum has gone green today, RSI has plenty of room to run and MACD will cross over tomorrow. RvR very favourable

[montyville2] 20/2/2019 10:34

Excellent write up on Cube Investments - this is now on my radar!

hxxps://cube.investments/strategic-minerals-sml-not-another-junior-explorer/

[theaviator] 20/2/2019 10:10

Care to post mate?

[troutisout] 20/2/2019 08:58

I think you will find Cornish tin mines will be producing again and I hope Redmoor will be at the forefront of that. Whether SML will be there holding the reins or whether they will have farmed out the project to a larger entity is the question.

PW in his interview (can't remember whether it was Vox or proactif) mentions how Redmoor has come onto the radar of people now, I reckon we could find ourselves with a much larger partner by the end of this year.

[divmad] 19/2/2019 17:22

Will Cornish tin ever be mined again, or will it remain a geological rainbow-chasing dream? I don't know how to evaluate the potential here.

[kingkongtimmo] 19/2/2019 14:54

Nothing, it's PIs selling for small gains, look at the daily, weekly, monthly charts, it's only going one way.

[akmal101] 19/2/2019 13:02

Something is holding this back wonder what?

[theaviator] 19/2/2019 11:38

Yeah top of the channel. Nice chart mate. Think will wait here. Will post mine later

[1bluehorseshoe] 19/2/2019 09:44

Yes and look at the prices

[plasybryn] 19/2/2019 09:39

John Peters now holds a few more shares than Peter Wale! Ha Ha
Still some to go on the Options!

[1bluehorseshoe] 19/2/2019 09:27

https://www.strategicminerals.net/investors/shareholders.html

[1bluehorseshoe] 19/2/2019 08:44

SP Angel . Morning View . Global battery arms race declared in Congress hearing‘Global battery arms race’ declared in Congress hearingThe US has been declared as a by-stander in the global battery arms race by Benchmark Mineral Intelligence MD Simon Moore during the US 116th Congress hearing which examines the outlook for energy mineral markets.Since the last testimony 14 months prior, global lithium-ion battery Megafactories have grown from 17 to 70. In terms of GWh’s capacity has exploded from 289GWh to 1,549GWh â€" the equivalent of 22m pure EVs.The scale of growth is recognised as ‘unprecedented’, and will have a structural impact on the raw material markets which feed the growth.For lithium alone, consumption specific to the battery industry is set to rise by a factor of 9. Cobalt, Nickel and graphite anodes are expected to climb 6x, 5x and 9x respectively.Critical minerals have been recognised as a risk to national security with non-US nations controlling long-term, reliable supply.At the mine level the US produces equivalent â€" nickel 0%, cobalt 0%, graphite 0% and lithium 1%At the chemical level the US produces equivalent â€" nickel 0%, cobalt 0%, graphite 0% and lithium 7%Global battery capacity currently sits at 9%.However, capacity continues to be swamped by China who are expected to control 65% battery manufacturing capacity by 2028.Key statistics only serve to highlight the significant control China has on the industrial power for the 21st Century auto and energy industries. Sustained and major investment is required to balance the supply chain for battery metals.

[kingkongtimmo] 19/2/2019 08:18

Looking great here, long time coming. Excellent management will always shine through in the end

[troutisout] 19/2/2019 08:14

So the MD, John Peters has put in £160k into exercising his options, that is not a small amount and must be seen as a sign of his confidence.....
The Company receives that money and it goes a fair way towards a few drill holes.

[greatfull dead] 19/2/2019 00:16

Paps,

Confirmed my take on the fundamentals.

Major break out is very soon,IMHO.

Thank you for the chart.

ATB,
GD

[plasybryn] 18/2/2019 18:54

Brilliant stuff papillon. Thank you very much.

[papillon] 18/2/2019 18:33

The charts you asked me for, GD. They are log charts. Hope you find them helpful. Bear in mind I know absolutely nothing about SML.

SML has been in a downtrend for almost 2 years after that massive percentage rise in H1 2017. The share price has yet to breakout of that downtrend. Volume is low compared with H1 2017. Obviously the share price is waiting for significantly good news and high volume to breakout of that downtrend.


free stock charts from uk.advfn.com


The 50 day EMA has recently risen above a rising 200 day EMA. That's known as a "golden Cross" and is generally a bullish signal.


free stock charts from uk.advfn.com



It's almost 2 years since the SML share price peaked obviously after good newsflow. I presume the almost 2 year downtrend is because the share price has drifted down awaiting the follow up good news. The recent rise of the share price above the 200 day EMA is the first time that has happened in around a year. I'd say that the market is still bullish on SML, but it will need good news to break out of that downtrend.


free stock charts from uk.advfn.com


I'll post something more later on.

ATB

[plasybryn] 18/2/2019 12:44

Nice to see my troll is following me or does the tick down suggest he/she doesn't trust the RNS

[plasybryn] 18/2/2019 10:40

"Management and Board look forward to restarting the Mountain of Light operations in the first half of 2019".
"Paltridge North could be a significant copper producer in the near term"
"An updated resource model is in the process of being generated with a new resource estimation expected for completion in March 2019".
I'm sure investor confidence is going to be rebuilt in 2019 and the value disconnect will be addressed.

[greatfull dead] 18/2/2019 08:41

Time share its not TG.

GLA,
GD