Magna Gold Corp. reported it intersected 302.73 silver equivalent over 1.30 meters at its La Pima High Grade Silver Target in Sonora, Mexico. In a news release, Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) announced assay results from drilling at its wholly owned La Pima property, which is located approximately 24 km northwest of the company's San Francisco Gold Mine. The firm noted that La Pima is...Read More
Cassiar Gold's Taurus deposit returns intercepts such as 83.42 meters of 1.2 g/t gold at its Cassiar asset. Cassiar Gold Corp. (GLDC:TSX.V; CGLCF:OTCQB) announced in a news release the drill results, including the best to date, of the final 10 holes of its 2020 program targeting the Taurus deposit of its Cassiar gold project in British Columbia. This batch of diamond drill results is from the dep...Read More
Aurania Resources aims to identify the sulphide-bearing core of iron oxide copper-gold targets at Lost Cities-Cutucu. Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced in a news release that a mobile magnetotelluric (MT) geophysical survey is scheduled to commence this week at its Lost Cities-Cutucu project in Ecuador and continue into next year. "The Mobile MT survey should complement th...Read More
In 2018, before the trade war betweenthe US and China put the boots to copper demand, and covid-19 mine closures/abandoned expansion plans crimped supply, we made a bold prediction: thatcopper supply is NOT going to be able to keep up with demand in the long-term.Here’s what we wrote, in Thecoming copper crunch: Even with expansions at existingmines and the ramp-up of the relatively few new...Read More
Watching Gold fall to recent lows over the past few weeks has been heartbreaking for Goldbugs. We know the real value of Precious Metals has continued to be under-appreciated over the past 24+ months – even though Gold has rallied from $1165 to over $2085 (an incredible 79%). The recent 15% decline in Gold has shaken some investors away from the longer-term opportunities, so we w...Read More
Jack ChanPosted Dec 7, 2020***The 12 year bear market in energy/oil sector has ended this year. ETFs in this sector should produce above average return over the next few years. For this week only, public readers of our weekly gold updates can receive a free copy of our special energy report by sending a request to:bullsalive@gmail.comYour email address will not be kept on file and you will not rec...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comDec 8, 2020 Gold stock enthusiasts who bought metals and miners at my key $1788 buy zone for gold are looking very good. Please click here now. Double-click to enlarge this weekly gold chart. The $1767 low is also now a buying area.On the sell side, $1966-$2089 is a good spot to do some p...Read More
With the source of 90% of the placer gold on its property still unexplained, Cabral Gold undertakes a large exploration program. Cabral Cuiu-Cuiu projectCabral Gold Inc.'s (CBR:TSX.V; CBGZF:OTC.MKTS) Cui? Cui? project in Brazil was the center of the 1978-1995 Tapaj?s Gold Rush, the world's largest, when an estimated 30 million ounces of placer gold were produced, 2 million ounces of which was pro...Read More
Maurice Jackson of Proven and Probable discusses the latest news from Riverside Resources with the company's CEO. Maurice Jackson: Joining us for a conversation is the CEO of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB), Dr. John-Mark Staude, along with Bryce Jackson of Proven and Probable. Pleasure to be speaking with you both. John-Mark, when we last spoke, you stated "how bright the futur...Read More
Dec 10, 2020 Guest(s): Thomas Kaplan CEO, Electrum Group For the first time in 20 years, Thomas Kaplan, CEO of Electrum Group, has launched a new public silver producer. In an exclusive interview with Kitco News, Kaplan talks about his silver and gold projects and his outlook for the precious metals.In November, The Electrum Group went public with Gatos Silver (NYSE: GATO, TSX: GATO), which rais...Read More
Riley Gold is moving full speed ahead to explore two early stage projects in Nevada. Riley Gold Corp. (RLYG:TSX.V) recently optioned two exploration projects, both located in recognized major trends in Nevada, a top-ranked gold mining jurisdiction. Tokop is located in the Walker Lane Trend, while Pipeline West/Clipper is situated in the Battle Mountain-Eureka Trend.Riley Gold has an experienced l...Read More
Peter Krauth explains why he believes silver is heading into a massive bull market. It's getting harder with every passing day to find cheap assets.Stocks, bonds, real estate, they're all pretty pricey. And yet, no one seems to care.Instead, the masses, and asset managers, appear determined to keep pushing them higher.In recent days, the S&P 500, the Dow 30 and the Nasdaq all set new records....Read More
Sector expert Michael Ballanger maintains the "golden bull is back," and in this missive he outlines the reasons why. As this is being penned, I am seated in my den just after 7 a.m. looking out into the pitch darkness of an early December morn and the only light is a reflection off the cool waters of the lovely swamp Lake Scugog emanating from the bustling metropolis known as Port Perry. I can h...Read More
America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in the aftermath of the elections, only to plunge on the news regarding Pfizer’s vaccine breakthrough, as the chart below shows. This is what we know.But what’s next for the price of gold? Wh...Read More
The price of gold returned to above $1,800. Is the correction over?As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (December 1) and increased further on Wednesday. As a reminder, the price of gold corrected more than 6 percent in November and almost 15 percent from its peak in August. Now, the key question is whether the worst is behind the gold bull...Read More
Dec 08, 2020 Guest(s): Jim Rogers There's simply too much money injected into the monetary system by central banks to allow a sizeable bear market to take place soon, said Jim Rogers, investor and chairman of Rogers Holdings."Many stocks in the U.S. are down in 2020. There are a few stocks that are going through the roof every day. Some parts of the U.S. market are developing a beginning of a b...Read More
Golden Arrow Resources is ready to commence exploring for gold at its Flecha de Oro project's Puzzle property. Golden Arrow Flecha de OroGolden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) is about to begin a trenching and sampling program at the Puzzle property of its Flecha de Oro gold project in Argentina, it announced in a news release. The objective is to delineate targets for pos...Read More
Dolly Varden Silver Corp. reported it has acquired the strategic surface rights on Tidewater at Alice Arm, B.C. In a news release, Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) announced "the acquisition of surface rights and fee simple lands within the community of Alice Arm located on the Pacific Ocean in Northwest B.C., in support of exploration infrastructure."The firm stated the Alice...Read More
Pretium Resources agrees to sell Snowfield to Seabridge Gold. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) and Pretium Resources Inc. (PVG:TSX; PVG:NYSE) announced the respective acquisition and sale of Pretium's Snowfield property adjacent to Seabridge's KSM project in British Columbia, Canada. Snowfield is located in the same valley as KSM's Mitchell deposit. The transaction is expected to close...Read More
Dec 09, 2020 Guest(s): Lyn Alden Founder, Lyn Alden Investment Strategy 2021 will remain challenging for economic growth, with a recovery in the jobs market more likely to materialize only in the second half of the new year, according to Lyn Alden, founder of Lyn Alden Investment Strategy."I've been bullish on some of the banks lately, so that includes Scotiabank, that includes Sberbank of Russi...Read More