Warren Buffett shocked the world when Berkshire Hathaway disclosed a stake in TSX-traded gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD). While I find it unlikely that the decision to get into the name was the Oracle of Omaha’s (I think it was one of his colleagues), the fact that Buffett wasn’t against it was as good as a gold stamp of approval for his fans to follow in his footsteps.Now...Read More
Merry Christmas, folks. I hope you all are having a wonderful holiday.I know the markets are.Stocks were off to another strong week heading into the 12 days of Christmas.This sets us up for another potential record-breaker by New Year's Day.Seasonal factors combined with the end-of-year Santa rally appear ready to provide a nice tailwind. More importantly, strong positive sentiment that we will so...Read More
Traders generally buy and sell securities more frequently and hold positions for much shorter periods than investors, which can result in costly mistakes.Read full newsRead More
Buying and holding cannabis stocks is still a relatively new idea. These types of stocks have generated more hype as momentum names to trade in the short term. But several cannabis producers are shaping up to be long-term buys. From eventual market dominance to merger potential, let’s explore the froth for hints of quality. Plus, gold stocks are teetering on the value-growth divide, but whic...Read More
The Bitcoin rally in 2020 looks a lot like a repeat of what happened in 2017. Whether or not a Bitcoin crash is on the way in 2021 is anyone’s guess, but investors might want to search for cheap stocks to buy now instead of chasing the cryptocurrency euphoria.Should Barrick Gold stock be on your buy list instead of Bitcoin?Gold stocks fell when Bitcoin surged to record highs in 2017. The sam...Read More
The vaccine euphoria and better-than-expected October gross domestic product (GDP) numbers continue to support the Canadian equity markets. The S&P/TSX Composite Index is trading just around 2% lower from its all-time high. However, the unemployment rate remained high at 8.5% in November. Also, the rising COVID-19 cases could be a headwind for the markets going forward. So, you can add the fol...Read More
Obama made me rich.It's true.Thanks to him, the Department of Energy oversaw tens of billions of dollars in loan guarantees and grants for solar and wind power during his time in office.I took full advantage of that cash cow and made a fortune.Don't get me wrong, I don't even like the idea of a "Department of Energy," as these departments tend to be little more than bureaucratic rubber stamp facto...Read More
It's the time of the year that most of us would be dressing up for holiday parties, kissing under the mistletoe, and drinking a bit too much eggnog.Sadly, Christmas in 2020 has killed two out of the three. Parties are canceled.Travel is on hiatus. Kisses are verboten.Hell, I don't think mommies are even kissing Santa Claus this year. That would be a superspreader event the likes of which the wor...Read More
2020 was an interesting year for all of us but thanks to you, it has been a phenomenal one at INN. Thank you for liking, subscribing, and tuning in. See you ...Read full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) is pleased to announce that it has received the conditional approval of the TSX Venture Exchange with respect to its previously announced acquisition of all of the outstanding securities of EastSide Games Inc. (the "Acquisition"). Please refer to LEAF's previous news releases dated October 7, October 26, November 11 and November 30, 2020 for furthe...Read More
Vancouver, BC December 23, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce that it has obtained an interim order from the Supreme Court of British Columbia for its previously announced proposed plan of arrangement (the "Arrangement"), pursuant to which the Company plans to transfer all of its British Columbia gold exploration assets ("Spin-out")...Read More
Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More
Kelowna, British Columbia--(Newsfile Corp. - December 22, 2020) - Enduro Metals Corporation (TSXV: ENDR) (OTC Pink: SIOCF) (FSE: SOG) (Read full newsRead More
Prosper Gold Corp. announces that it has completed a non-brokeredRead full newsRead More
The World Economic Forum (WEF) has completed the initial stage of a blockchain platform for tracking embedded greenhouse gas (GHG) emissions across the mining industry's value chain.The WEF's Mining and Metals Blockchain Initiative (MMBI) released a proof of concept called the Carbon Tracing Platform (COT) to help mining companies trace emissions from mine to final product, the WEF announced in a...Read More
The Bitcoin trade has been heating up again, with the cryptocurrency recently blasting a new all-time high at around US$24,000. As speculators continue punching their ticket to play the game of greater fools (the Greater Fool theory has nothing to do with us value-conscious investors here at the Motley Fool!), many folks coming late to the game could be at risk of holding the bag.With Warren Buffe...Read More
Warren Buffett is not a fan of diversification, and he is a staunch believer in the U.S. economy and its potential to make him and other investors money in the long term. These two traits combined have resulted in a portfolio that’s highly concentrated in the U.S.But it’s important to note that just because Buffett doesn’t like diversifying, it doesn’t mean he limits himsel...Read More
Warren Buffett is hands-down one of the greatest investors of all-time. Many investors, myself included, follow what the Oracle of Omaha does in his portfolio. For Canadian investors, we tend to focus on Buffett’s Canadian picks.In this article, I’m going to cover one of his most recent purchases.Barrick Gold a winnerBarrick Gold (TSX:ABX)(NYSE:GOLD) is the most recent Canadian po...Read More
Warren Buffett is all about buying pieces of wonderful businesses at attractive multiples and holding them for the long haul. While his favourite holding period is forever, he seldom hangs onto stocks with such a timespan, as the rapid rise of technological disruption can hurt a firm’s investment thesis. A company with a wide moat today may have a narrow moat in a few years from no...Read More
Share this articleTORONTO - Kirkland Lake Gold Ltd. (TSX:KL) (NYSE:KL) (ASX:KLA) today announced results from 25 holes (19,523 m) and one wedge hole (1,110 m) of drilling at the Detour Lake property. The new holes being reported are the third batch of results from the recently announced 250,000 m exploration program, which the Company is targeting for completion by the end of 2021. The program i...Read More