The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) in a news release, updated shareholders on the progress of its Phase 5 drill program at the Gold Rock Project in Dryden, Ontario. Read how these results are driving future plans for further exploration.Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQB), in a news release, updated shareholders on the progress of its Phase 5 drill program at the Gold Rock Project in Dr...Read More
The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
Global Analyst Adrian Day shares a few updates from stocks on his list.Orogen Royalties Inc. (OGN:TSX.V) reported a net income for the second quarter of over $1 million, up dramatically from the year-ago period, led by record revenue from the Ermita?o mine owned by First Majestic. Royalty revenue of $1.9 million was up 29% from the previous quarter and 62% from the year-ago quarter, driven primari...Read More
Few events will affect investors more than the U.S. presidential election. The playing out of the campaign between now and Nov. 5 will obviously have an impact on markets as one side surges and the other side falters and vice versa.But the impact won't last for two months. It'll last for four years and beyond because the two candidates Trump and Harris offer radically different policies.It's e...Read More
With this morning's news, Technical Analyst Clive Maund shares his updated thoughts on Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC), which he still believes is a Buy.Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC) was the subject of an update as recently as August 16, and it is therefore not necessary to repeat what was set out there, which can be read by following the link above.The reason for this update...Read More
The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
While Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) is now at a higher price, Technical Analyst Clive Maund still believes the stock is a Strong Buy.We bought Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) at a good entry point back in the middle of May, and although it is at a somewhat higher price now, it remains a Strong Buy here for both fundamental and technical reasons.Before proceeding to review the lat...Read More
In light of Lake Victoria Gold Ltd.'s (LVG:TSXV) most recent news, analysts at Atrium Research reiterated their Buy rating.Atrium Research analysts Ben Pirie and Nicholas Cortellucci, in a research report published on September 10, 2024, provided an update on Lake Victoria Gold Ltd. (LVG:TSXV) following the company's announcement of exploration activities by Barrick Gold Corp. (ABX:TSX; GOLD:NYSE)...Read More
Technical Analyst Clive Maund shares his thoughts on the current state of the U.S. Dollar and how it might impact the gold market. Because it has such massive implications for just about everything, today we are going to review the charts for the dollar index.Starting with the long-term 20-year chart, the first point to make is that, given the rampant money creation by the Fed and the grim economi...Read More
Newsletter Update With this morning's news, Technical Analyst Clive Maund shares his updated thoughts on Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC), which he still believes is a Buy.Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC) was the subject of an update as recently as August 16, and it is therefore not necessary to repeat what was set out there, which can be read by following the link above.The rea...Read More
Denver Gold Group's 36th Annual Gold Forum Americas 2024 Conference, September 15-18, 2024CHEYENNE, Wyo., Sept. 11, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), a gold exploration and development company, is pleased to announce it will be attending the Gold Forum Americas 2024 Conference (the "Conference") at the Broadmoor Hotel & Reso...Read More
World Copper Ltd. (WCU:TSX.V; WCUFF:OTCQX; 7LY0:FRA) announced an updated and expanded Mineral Resource Estimate (MRE) for its Zonia copper-oxide deposit in Arizona. Demand for the red metal could double by 2035, according to research.World Copper Ltd. (WCU:TSX.V; WCUFF:OTCQX; 7LY0:FRA) has announced an updated and expanded Mineral Resource Estimate (MRE) for its Zonia copper-oxide deposit in Ariz...Read More
Breaking News Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC) has reported the results from a comprehensive ZTEM geophysical survey conducted at its Cyprus Project in north-central British Columbia. Read to find out why these results are getting attention.Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC) has reported the results from a comprehensive ZTEM geophysical survey conducted at its Cyprus Project in n...Read More
Gold equivalent production outlined in this updated report is 32% higher than in the previous iteration, noted a Hannam & Partners report.Thesis Gold Inc.'s (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) target price was raised by Hannam & Partners analyst Phil Ker to CA$2.48 per share from CA$2.04 following the release of the updated preliminary economic assessment (PEA) encompassing both Lawyers and Ranch...Read More
News Update John Newell explains how the best place to find gold is in the shadow of a headframe, and shares one company that checks that box, a company he believes to be a compelling junior exploration stock.***In light of the September 10, 2024 news release, John Newell sent us an update***Golden Cariboo Resources Ltd. has just delivered an exciting milestone with its latest drill results from...Read More
With the U.S. Forest Service's authorization of the mine plan for this "highly strategic asset," the federal permitting process for the project could be done by year-end, noted a Cantor Fitzgerald report.Perpetua Resources Corp.'s (PPTA:TSX; PPTA:NASDAQ) 2021 Modified Mine Plan for its Stibnite gold-antimony project in Idaho was approved by the U.S. Forest Service (USFS), reported Cantor Fitzgeral...Read More
This federal authorization is "validation of a vital project" that could become the country's only domestic antimony supplier, noted a ROTH Capital Partners report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) got a 20% boost to its target price by Roth MKM, to US$12 per share from US$10, on the news the U.S. Forest Service (USFS) authorized the mine plan for the Stibnite gold-antimony project...Read More
This we learn from the United States Bureau of Labor Statistics:American productivity has increased 62% since 1979.But average real hourly pay (adjusted for inflation, that is) has scarcely increased 17% across the same space.That is, productivity has run 3.5 laps around wages since 1979.Thus the average American worker finds himself a hamster upon a wheel... jogging largely in place.Here our co-f...Read More