The last few weeks have been not been nice to investors of any kind. Stocks in particular have been hit extremely hard and during the sell off it seemed that anything with a bid would be sold including the metals. For a while it seemed that gold's safe haven status was gone. However in the last few days gold has been gaining back all that it lost especially in currencies other than the US dollar....Read More
There's an old saying with stocks and the stock market and that saying is that "A rising tide lifts all boats." What it means is that even though the stock you own doesn't hit it big, as long as it's in the same sector as the big name stocks and as they rise in value, the smaller unknown stocks tend to rise along also. Now this a just a theory but when the marijjuanna boom was on, anything that ha...Read More
Anyone who follows the metals and mining markets and listens to various podcasts etc. has most likely heard of a program called Palisades Radio. They do interviews with CEO's of mining related companies and of course over the years they become quite well connected with people in the industry. That's not the only occupation they have though. The people who run Palisades Radio also are involved in s...Read More
Many years ago when I was first starting out in the work force, my mother always told me to put your money in Canada Savings Bonds. Giving away my age, at the time back in the 1970's I was getting as high as 19% on CSB's and even 90 day GIS's. Of course interest rates on loans and mortages were just as high back then to. I remember hearing about people having mortgages at 22% and even a bit higher...Read More
Something seems out of whack in the silver market. Earlier this summer when silver prices were flirting with that $30 an oz pricing, you read all over the internet that physical silver was out of supply. If you wanted to buy physical silver you had to pay up front and then be put in queue for an order being that there just wasn't the silver available.Fast forward a few months to today and you find...Read More
When it comes to looking back on 2020 most people will be glad to see this year in a rear view mirror. What started off like normal didn't last too long when the world found out about the covid virus. Society around the world came to a stand still. Business's closed down and millions of workers were displaced and in fact millions still are. On the news there was and still is tons of chatter about...Read More
Gold saw a slight rally in the first month of 2020 going from $1520 to breifly go past $1600 on the Iran issue, then leveling off in the upper $1,500 range. Silver is pretty much unchanged however platinum and palladium both showed great gains in the first month of the year. Most miners and explorers have showed little reaction to this price movement. Infact although gold is at historic highs in a...Read More
TSX-V: DSV, OTCQX: DSVSF) DSV NEWS: https://discoverysilver.com/news/2021/ DSV Twitter: https://twitter.com/DiscoverySilver ...Read More
DWAC was up over 400% gain in 2 days, while PHUN was up over 100%. In this video, I'm going to go over what exactly ...Read More
A Cornerstone Position in a New Gold District in the YukonRead full newsRead More
The weak operational performance was driven by COVID-related sick leave and outages at Garpenberg in Sweden and Kivitsa in Finland.Read More
Share this article VANCOUVER - Torq Resources Inc. [TORQ-TSXV; TRBMF-OTCQX; S8QA-FSE] has acquired an option to earn a 100% interest by paying US$25 million and spending US$15.5 million on exploration, subject to an NSR, on the 3,250-hectare (32.5 km2) Santa Cecilia gold-copper project, located approximately 100 km east of the city of Copiapo, northern Chile.The project is in the southern region...Read More
Share this article TORONTO - Emerita Resources Corp. [EMO-TSXV, EMOTF-OTC] shares rallied in active trading Friday after the company released drilling results from the La Infanta polymetallic deposit on its Iberia West project in Spain.The company said it has received complete assays for the first step-out hole from the Infanta drill program as well as the final in-fill drillholes. It said the in...Read More
Share this article VANCOUVER - 79 Resources Ltd. [SNR-CSE] said Friday it has closed the previously announced acquisition of Buck Gold Inc., a privately-owned Vancouver exploration company which controls approximately 1,200 square- kilometre of mineral properties near Houston, British Columbia.The mineral properties controlled by Buck gold are contiguous to area holdings of Newmont Corp., [NGT-TS...Read More
If you've followed my alerts over the course of my career, you know that in addition to a passion for picking stocks and options trades, I also have another passion: I love fishing.Well, that love almost got me killed last weekend while fishing in a tournament on the Chesapeake Bay. With swells reaching 10 feet at times, 20-knot winds, and supersized cargo ships pushing out massive wakes, it was...Read More
Research analysts at CIBC see Marathon Gold (TSX: MOZ) as a "top take-out target" due to its advanced stage Valentine gold project in central Newfoundland, and believe construction on the project could begin early next year."The key catalyst for construction to begin is the conclusion of the Environmental Assessment (EA) process," analysts Allison Carson and Sehaj Anand wrote in a research note fo...Read More
Zijin Mining, China's largest gold miner, has begun operations at its Cukaru Peki copper and gold mine in Serbia. The asset, part of the Timok project, is expected to make the Balkan country Europe's second-largest copper producer. Zijin has poured US$474 million to date into the new underground mine, which is slated to have annual capacity of 3.3 million tonnes of ore. "The first part of t...Read More
Denison Mines (TSX: DML; NYSE-AM: DNN) is selling 32.5 million common shares it holds in GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) at 48 ? per share to one of the junior explorer's larger institutional shareholders for proceeds of $15.6 million.Denison currently owns 65.14 million GoviEx shares or about 12.07% of the company's shares outstanding.Under the private sales agreement with the unnamed i...Read More
In the June quarter Morila produced 12,555oz, with the project on its way to becoming a 25,000-50,000oz per quarter producer starting next year.Read More
You know my stance on inflation by this point. I've been on this tip for almost two years now. When the government said it didn't exist, I said it did. When the Fed said it was transitory, I said it wasn't. But now, more and more analysts and investors are coming over to my side. The latest: Paul Tudor Jones, the billionaire hedge fund manager who predicted and profited from the 1987 stock ma...Read More