Clive Maund - Fri, Mar 2, 2018

Urban Mining Update Ahead of the Mining Disruption Conference Prize

Urban mining is the wave of the future and is getting greater recognition with one urban mining company making the final four for the #Disrupt Mining Innovation Expo prize that will be awarded on Sunday, says technical analyst Clive Maund.

Related companies Enviroleach and Mineworx Tech were recommended again this morning in Four Resource Stocks to Buy Now When the Stock Market Is Down," with the part about them reading as follows:

Enviroleach Technologies Inc. (ETI:CSE; EVLLF:OTC) C$1.90, $1.46, and Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) C$0.27, $0.25, that we looked at again a few weeks back are still at great entry points, and appear to be impervious to the woes now afflicting the broad stock market. Both are believed to be at the tail end of corrections within strong bull markets and the news is that Enviroleach is one of the shortlist of four for the industry #DisruptMining Innovation Expo prize with the winner due to be announced this Sunday. If it wins both stocks will likely gap up on Monday; if it doesn't it's not a problem, because the fortunes of these companies do not depend on winning a prize.

They have done well so far today, and look like they are starting their expected new uptrends. Both these stocks are in powerful bull markets for good reason, and are unlikely to be derailed by the broad stock market whatever it does, and they continue to be rated strong buys.

The following 3-month charts for both of them below show how they are looking after the completion of a healthy correction that has put them in position to embark on another upleg.

  • Enviroleach Technologies Inc. website, ETI on CSX, EVLLF on OTC, trading at C$2.03, $1.59 at 3.25 pm on 2nd March 18.

  • Mineworx Technologies Ltd. website, MWX on TSXv, MWXRF on OTC, trading at C$0.28, $0.22 at 3.25 pm on 2nd March 18.

Disclosure:
1) Clive Maund: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None. CliveMaund.com disclosures below. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click below for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Enviroleach and Mineworx.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Enviroleach and Mineworx, companies mentioned in this article.

Charts provided by the author.

InvestorsGuru.com publishes interesting contributor articles in addition to its own content. We have not verified any of the above details.

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or to post at our AnyTicker.com Bulletin Boards. Free!

Please note that nothing in this report should be taken as a recommendation in any way, and that everything from InvestorsGuru.com is subject to the terms of our Privacy Policy and Disclaimer.

comments powered by Disqus

Detailed Quote Portal

symbol lookup | (TSX add :ca)

Membership Privileges

  • Investors Guru Small Cap Stock Observer - newsletter emailed monthly!
  • Featured Stock Profiles - emailed on occasion!
  • News by Email - as it's released, according to your My Preferences!
  • My Portfolio - login to view or update your holdings, or have it emailed daily!
  • My Watchlist & Alerts - login to view or update your stock radar list, and set price triggers for email alerts!
  • Bulletin Boards - no need to request boards, just Quote it! Social Sign-on & Share your ideas, observations & trends!
  • Find it all! Find it Fast! Comprehensive stock research webpages. No more endless clicking!

Email: (see Privacy Policy)
Password: (4-15 characters)
Username: (4-15, BB posts etc)

unsubscribe anytime


Bookmark and Share

 Subscribe in a reader

Our Mobile Site