Roxgold reported PEA data for its S?gu?la Gold project in C?te d'Ivoire indicates an after-tax NPV of $268 million with a 66% IRR based upon a $1,450/oz gold price. In a news release, Roxgold Inc. (ROXG:TSX) announced "the results of a Preliminary Economic Assessment (PEA) for the high-grade S?gu?la Gold project in C?te d'Ivoire." Roxgold noted that the PEA, which was prepared in accordance with...Read More
Ely Gold Royalties holds a second royalty on the same Nevada property in the Carlin Trend. In a news release, Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced it closed its transaction with a private seller to acquire a 3.5% net profits interest in the Ren property in Nevada for $500,000 in cash.The closing of this deal gives Vancouver-based Ely Gold a second royalty interest in the Ren...Read More
James Kwantes, editor of Resource Opportunities, outlines the potential upside as this project generator moves forward on its property in the Yukon.Well-run project generators are brick houses in a speculative corner of the market, where the winds of commodity prices and dilution are often house wreckers. Their share prices are typically backstopped by healthy treasuries, royalties and equity stak...Read More
Recent shifts in the markets suggest gold prices are about to breakout in the same manner as they did over the summer last year.The price of gold is a small distance away from the March highs ahead of the North American open on Monday and a fresh seven-year high looks to be probable.Many factors impact the price of gold but there are few specific things that I am looking at that lead me to believe...Read More
The stock market has been acting as though truckloads of oral vaccine will show up on supermarket shelves by the weekend. Of course, we know better than to attribute the robust uptrend of the last two weeks to careful or even rational calculation. The market after all is not a thinking creature, just a dumb beast that has been annoyed by a swarm of flies, or excited by pheromones washing over th...Read More
By Avi GilburtOriginally published on SeekingAlpha on Sunday April 12: So, if you are like most market participants, there are many fallacies which you have likely accepted of late.First, you are likely viewing this "bear market" as having begun 6 weeks ago. Yet, if you actually understood the broader market in a bit more depth and better context, you would actually be viewing this "bear market...Read More
Insignia Consultants New DelhiWednesday, April 15, 2020TIME 7:27 AM IST -------------------------------------------------------------------------------------------------------------------...Read More
These new assets take Black Tusk Resources' project portfolio total to five. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) acquired through staking two platinum group element (PGE) properties in Quebec, it announced in a news release.The Vancouver-based company bought the assets "in response to a world shortage as well as recent record-setting prices of rhodium, platinum and pallad...Read More
Recent shifts in the markets suggest gold prices are about to breakout in the same manner as they did over the summer last year.The price of gold is a small distance away from the March highs ahead of the North American open on Monday and a fresh seven-year high looks to be probable.Many factors impact the price of gold but there are few specific things that I am looking at that lead me to believe...Read More
Recent shifts in the markets suggest gold prices are about to breakout in the same manner as they did over the summer last year.The price of gold is a small distance away from the March highs ahead of the North American open on Monday and a fresh seven-year high looks to be probable.Many factors impact the price of gold but there are few specific things that I am looking at that lead me to believe...Read More
Recent shifts in the markets suggest gold prices are about to breakout in the same manner as they did over the summer last year.The price of gold is a small distance away from the March highs ahead of the North American open on Monday and a fresh seven-year high looks to be probable.Many factors impact the price of gold but there are few specific things that I am looking at that lead me to believe...Read More
By: Ira EpsteinGold market is acting very well. Some people will say that we have a shoulder-head-shoulder technical pattern:Read More
Investors who think the worst is over had better prepare for the other shoe to drop. Stocks rallied sharply last week, reflecting the egregious miscalculation not only of bulls who have yet to meet a dip they could not buy, but also of bears who evidently fear that the crazed buying binge will continue for no good reason. They should relax, since there has never been an instance where an initial...Read More
Christmas of 2019 I had advised to invest in gold and silver for Easter of 2020. Now I am asking to invest in gold and silver this Easter for Christmas of 2020. Overall gold and silver will continue to rise till Christmas. Even if the corona virus pandemic gets over and a vaccine is found (before Christmas of 2020), gold and silver will continue to rise. There is an over $40 price difference bet...Read More
The Dow closed up over 500 pointsThe Dow extended its midday rally, finishing the day up over 500 points as blue-chip stocks reported better-than-expected earnings, and sentiment surrounding coronavirus improved. The S&P 500 and tech-heavy Nasdaq also finished the day confidently in the black, with the Nasdaq scoring its fourth straight win. Continue reading for more on today's market, including:...Read More
AAPL puts are a popular options choiceApple Inc. (NASDAQ:AAPL) iPhone sales are recovering in China after the tech giant shipped roughly 2.5 million iPhones in the country last month. This is up from the 500,000 iPhones shipped during February, the height of China's coronavirus lockdown. As a result, Chinese online retailers are offering hefty discounts on all iPhone 11 models, sending the equity...Read More
The biotech sector has performed admirably during the COVID-19 outbreakThe broad market finally got a rare dose of coronavirus-related optimism last week week, with reports that the global pandemic could soon be reaching a slowdown. Lost in the shuffle of headlines about hospitalizations, intensive care admissions, and new infection cases was news that U.S. President Donald Trump spoke with pharma...Read More
Johnson & Johnson is the top Dow stock today after a post-earnings surgeThe Dow Jones Industrial Average (DJI) has pared yesterday's losses and is up nearly 400 points at midday. Today's rise is powered by earnings results from blue-chips, as well as investor optimism surrounding the coronavirus outlook, despite the number of cases continuing to rise globally. The S&P 500 (SPX) and Nasdaq Com...Read More
Citron called for GSX Techedu's stock to be halted and investigated A bearish note from short seller Citron Research has the shares of Chinese educational specialist GSX Techedu Inc (NYSE:GSX) down 4.3% at $30.06, after hitting a three-month low of $28.29 earlier this morning. Citron said in a tweet that it believes 70% of the firm's revenue is fabricated, and called for the stock to be halted and...Read More
British American Tobacco is being investigated for potential sanction breachesThe shares of British American Tobacco PLC (NYSE:BTI) are down 2% at $36.65 after The Times reported that the company is being probed by the U.S. Department of Justice (DOJ) and the Office of Foreign Assets Control (OFAC) for a suspected breach of sanctions. The firm declined to specify whether the case was a criminal i...Read More