Michael Ballanger of GGM Advisory Inc. shares his thoughts on the gold market and shares one stock he believes is overbought in the near-term but might be worth it in the long run.USD index futures are down 0.49% to 107.295, with the 10-year yield down 1.26% to 4.456% and the 30-year down 1.01% to 4.700%.Gold (+0.65%) and copper (+0.34%) are up, while silver (-0.11%) and oil (-1.05%) are down.Stoc...Read More
Allied Gold Corp.'s (AAUC:TSX; AAUCF:OTCQX) Q4 production of 99,600 ounces was ahead of expectations, according to a Hannam & Partners research note.In a January 23, 2025 research note, Hannam & Partners analysts led by Jonathan Guy raised their target price on Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX) to CA$10.80 from CA$10.60, following record Q4 production of 99,600 ounces, slightly ahead of ex...Read More
John Newell of John Newell & Associates explains why he thinks an $8,000 per ounce gold price is not just possible; it'sincreasingly probable.Gold has been following a consistent technical pattern over the past several years, and the updated "Shot Reverse Shot" chart suggests that another major breakout is on the horizon. Historically, gold had demonstrated its ability to make exponential moves, w...Read More
Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) has released the final results from its 2024 drill program at its Kitsault Valley silver and gold project in British Columbia's Golden Triangle. See why analysts are already looking forward to the company's 2025 exploration plans.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) has released the final results from its 2024 drill program at its Kits...Read More
In the 1920s, Radio Corporation of America (RCA) was the hottest stock in the world.Radio was cutting-edge tech, and RCA was dominant in the sector. The company was the largest manufacturer of radio sets and operated the largest broadcasting company, NBC. They owned key patents and had attracted many of the country's best engineers.In 1921 RCA shares traded as low as $1.50 (split-adjusted). By 192...Read More
The final eight holes return gold grades up to 91.1 g/t and silver grades as high as 114 g/t, noted a Research Capital Corp. report.Results of the final eight holes Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) drilled in Homestake at its Kitsault Valley gold-silver project in British Columbia's Golden Triangle were notable for bonanza grades and reiterate the silver deposit's bulk potential,...Read More
American AI firms have rung the alarm bell and all personnel have reported to battle stations (their computers).Yesterday, we got a response from OpenAI (ChatGPT owner) CEO Sam Altman. Here's what he posted on X about DeepSeek:deepseek’s r1 is an impressive model, particularly around what they’re able to deliver for the price.we will obviously deliver much better models and also itR...Read More
Brian Leni of Junior Stock Review explains how to differentiate between the various project generation companies.Last week, I wrote about the project generation business model and why I think it's the most prudent way to speculate in mineral exploration. Remember, project generators reduce the downside risk of exploration by giving up some of the upside.A risk trade that I'll gladly do every time!...Read More
Silver North Resources Ltd. (SNAG:TSX; TARSF: OTCQB) reported a new discovery at its Haldane project in Yukon, with drilling intercepts reaching 1,088 g/t silver. With assay results still pending at Tim, the next phase of exploration could reveal even more.Silver North Resources Ltd. (SNAG:TSX; TARSF: OTCQB) has released an update on its 2024 exploration activities and outlined its plans for 2025....Read More
Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) reflects on a year of major milestones, from drilling success to permitting progress in Spain. With a resource update and legal proceedings ahead, what's next for the company in 2025?Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has released its year-end review for 2024, detailing significant milestones across its Iberia Belt...Read More
The opening salvo of a hot artificial intelligence battle just dumped a bucket of cold water on the stock market.Big Tech spiraled lower to kick off the trading week after a Chinese AI firm called DeepSeek made huge waves in the industry.The ten-second version of this story is DeepSeek can do everything the other major AI firms can do, and more all for a fraction of the cost, time, and equipment...Read More
John Newell of John Newell & Associates takes a look at the early-stage exploration market, which he believes is poised for a breakout.For years, the junior mining sector has struggled under the weight of weak investor sentiment, low liquidity, and challenging financing conditions.However, recent technical and fundamental indicators suggest a significant shift may be on the horizon. The early-stag...Read More
Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX) was given a price target of CA$3.80 in August by John Newell of John Newell & Associates. It has since surpassed this and its second target of CA$4.60. Read to see the next targets.Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX), a mid-tier gold producer with a diversified portfolio of long-life assets, is catching the attention of investors after a sharp 50% de...Read More
Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX) has significant potential to be re-rated if it is successful with development projects in Ethiopia and Mali, noted a Cormark Securities report.In a January 23, 2025 research note, Cormark Securities analysts Nicolas Dion and Nolan Wilson maintained a Buy (Speculative) rating on Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX) with a CA$6.50 target price, followin...Read More
Technical Analyst Clive Maund reviews the charts for gold and silver to explain his view of where the precious metals are headed. Thursday, gold broke out to new highs against the dollar after a period of consolidation lasting several months to commence another upleg that promises to be big. While this breakout was greeted with jubilation by gold bugs, we had expected it all along. This is because...Read More
Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX) was given a price target of CA$3.80 in August. It has since surpassed this and its second target of CA$4.60. Read to see the next targets.In August, John Newell of John Newell & Associates shared the below chart for Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX).As you can see, in this chart, Newell gives a first price target of CA$3.80, a second target of CA$4...Read More
On Friday evening, we covered DeepSeek R1, the Chinese AI breakthrough rattling NVIDIA and broader markets.I wrote the following:The implications are massive. In the long run, this could threaten not just American AI software companies, but also NVIDIA. If cutting-edge models can be trained with 5% of the previous hardware requirements, what does that mean for GPU sales going forward?When I wrote...Read More
American AI companies are feeling the heat over the past month.China is catching up. In some areas, they are even surpassing the U.S. in artificial intelligence. It may seem hard to believe, but it's true.Chinese companies DeepSeek and ByteDance recently released models which are on par with the best models from top U.S. companies OpenAI, Google, and Anthropic.Here's what legendary venture capital...Read More
Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX) is leveraging Africa's abundant gold resources and faster permitting to advance its mining projects. CEO Peter Marroone shares how the company's strategy sets it apart. Read to learn more about the company and see what some analysts are saying about Allied Gold.Allied Gold Corp. (AAUC:TSX; AAUCF:OTCQX) has positioned itself as a player in Africa's mining i...Read More
LONDON, 4 February 2025 - Returning US President Donald Trump has "lit a fire" beneath the price of gold, BullionVault today told leading UK personal finance site ThisIsMoney."The reality of a US-led trade war is only boosting the bid for the safe haven metal," the report goes on.Read the full story at ThisIsMoney, the online money pages of the UK's best-selling Daily Mail newspaper, here:What doe...Read More