Several larger mining companies reported preliminary quarterly results this week, mostly production numbers, with full financials to follow, as has becomethe norm in recent years. Below, Global Analyst Adrian Day looks briefly at these, as well as the gold market in general.The gold price has moved up $100 since the horrific events of last weekend, partly, of course, out of concern about a spreadi...Read More
This past weekend we entered a local park hard upon the Chesapeake Bay.At water's edge stood several head of fishermen.Each extended a line to pluck aquatic beings from the "immense protein factory" as H.L. Mencken labeled the fruitful Chesapeake Bay.All was peace.Of a sudden a vehicle of the Maryland Natural Resources Police came pulling up.From it emerged an officer of the same authority. He w...Read More
Newmont Corp. has acquired Newcrest Mining Ltd., which may represent a unique opportunity for shareholders. See why analysts like this company's stock. Newmont Corp. (NEM:NYSE) announced in a press release that Newcrest Mining Ltd.'s (NCM:ASX) shareholders have voted to approve the acquisition of the company by Newmont Corp. The shareholders voted by a margin of 84.74% of those present for the vot...Read More
Today we run a warning flag up our flagpole…For we have detected "zombies." Zombies?Mr. Robert Burrows of BondVigilantes.com:Zombie firms are essentially companies that exist on borrowed time.They struggle to generate enough profits to cover their debt obligations, yet manage to stay afloat thanks to lenient borrowing conditions. The prolonged period of ultra-low interest rates following the...Read More
Jeffery Hunter, writer of BullishBriefs, shares his thoughts on Newlox Gold Corp. to tell you why he believes this is a company worth looking into.Newlox Gold Ventures Corp. (NWLXF:OTCMKTS;LUX:CSE;) is an environmental remediation and gold recovery company nearing profitability with the ramp-up of its first processing plant in Costa Rica. Unlike traditional gold mining, which generates tons of che...Read More
With crashing bonds and soaring gold, Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, and one silver stock he believes would be worth looking into.The major theme of this week's missive revolves around the primary reason that gold exploded from US$1,881 to US$1,945 per ounce in Friday's session. The answer is in four words I have no idea. Notwiths...Read More
Nascent silver miner Summa Silver Corp., which saw its IPO just a month before the COVID-19 pandemic began, has found strong evidence of considerable gold holdings at its Hughes project. You may know Summa Silver Corp. (SSVR:TSX.V; SSVRF:OTC) as the Canada-based junior mineral exploration company engaged in acquisition, exploration, and evaluation activities at two U.S. sites: the Hughes property...Read More
Ecuador's election finally has a winner. Find out why this green technology company seeking approval for a groundbreaking bioleaching plant there likes the results.As BacTech Environmental Corp. (BAC:CSE;BCCEF:OTCQB;OBT1:FRA) continues to wait out a decision from Ecuador's Constitutional Court on the fate of the environmental consultation process for its bioleaching plant there, the Latin American...Read More
Barry Dawes of Martin Place Securities takes a look at the current state of gold and where he believes it is headed.KEY POINTSGold up US$64 to US$1932Closed near the highsGold in other currencies regained parabolasStarting next 60-year cycleSoon to test previous highsThis is a Wave 3Short covering should be very strongGold stocks up 4.5%Important cyclical low in placeExpect 100% returns over next...Read More
We're searching for snapbacks as the October market chop continues this week...Stocks are already attempting to recover from last week's slump as the major averages all posted strong gains on Monday. The much-needed September pullback has passed and traders are waiting and watching for the market to tip its hand.Some market pundits are convinced stocks are gearing up for a big year-end rally. Othe...Read More
This company exploring for gold near the historic Homestake Mine in South Dakota has entered a partnership with Orion Mine Finance that comes with a US$17 million investment in the company. One analyst says this company is making "significant" discoveries.Dakota Gold Corp. (DC:NYSE American) announced it has entered a binding agreement with Orion Mine Finance for a US$17 million investment in the...Read More
Is the world coming apart at the seams? It would seem so.Of course, there are always wars going on somewhere and hot spots waiting to erupt. That's the steady state of the world. But some periods are far more dangerous either because the conflicts are more intense, or there are more of them or both.The best analytic approach in such situations is not just to compile a list of conflicts but to cons...Read More
With crashing bonds and soaring gold, Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, and one silver stock he believes would be worth looking into.The major theme of this week's missive revolves around the primary reason that gold exploded from US$1,881 to US$1,945 per ounce in Friday's session. The answer is in four words I have no idea. Notwiths...Read More
I-80 Gold Corp. released an update on the company's progress in Nevada. Read on to see why analysts like this company's stocks.I-80 Gold Corp. (AU:TSX; IAUCF:OTCQX) recently put out a press release providing an update on its progress with the Granite Creek project, located in Humboldt County, Nevada. The company reports that its focus is on the Ogee and the South Pacific Zones, which both host dep...Read More
Nascent silver miner Summa Silver Corp., which saw its IPO just a month before the COVID-19 pandemic began, has found strong evidence of considerable gold holdings at its Hughes project. You may know Summa Silver Corp. (SSVR:TSX.V; SSVRF:OTC) as the Canada-based junior mineral exploration company engaged in acquisition, exploration, and evaluation activities at two U.S. sites: the Hughes property...Read More
This company's updated mineral resource estimate (MRE) for its historic silver project in the Walker Lane trend of western Nevada is "blistering," according to one analyst.One analyst called Blackrock Silver Corp.'s (BRC:TSX.V; BKRRF:OTCQX) updated mineral resource estimate (MRE) released Wednesday for its historic 100%-controlled Tonopah West project in the Walker Lane trend of western Nevada "bl...Read More
Results are in of various tests conducted by an independent firm on feed samples from the critical metals project, noted a Noble Capital Markets report.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) had extensive comminution and beneficiation test work done on variability samples from its Wicheeda rare earth elements project in British Columbia, and results showed high recoveries and conc...Read More
This company exploring for gold near the historic Homestake Mine in South Dakota has entered a partnership with Orion Mine Finance that comes with a US$17 million investment in the company. One analyst says this company is making "significant" discoveries.Dakota Gold Corp. (DC:NYSE American) announced it has entered a binding agreement with Orion Mine Finance for a US$17 million investment in the...Read More
Emerita Resources Corp. offers potential returns of 1,003% for investors, according to a Clarus Securities report. Read to see the full drill results, and what else analysts like about this company's stock.According to a press release from Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE), the company has received the drill results from its efforts on the La Romanera deposit on the comp...Read More