Did you want a cut?Well, you got a cut.On the surface, the latest decision by OPEC+ to cut a whopping 9.7 million barrels per day from its May and June output should have sent crude prices ripping higher over the last few days.The market wasn't fooled as crude prices traded lower this morning.If you're wondering why it's because the numbers simply don't add up.They're downright confusing.Fortunate...Read More
A recent Supreme Court decision pertaining to Nevsun Resources could have big implications for other Canadian mining companies with foreign operations, opening them up to human rights claims stemming from their operations abroad.The lawsuit against Nevsun, Nevsun vs. Araya, alleges that the company was complicit in the use of forced labour by a sub-contractor at its Bisha copper-zinc mine in Eritr...Read More
Marathon Gold (TSX: MOZ) has released results of 16 diamond drill holes, which extend the strike length of the Berry zone to 350 metres. The drilling targeted both the Berry zone as well as the ground to the northeast, towards the area known as the Frozen Ear Pond Road.The drill highlights include 14 metres of 8.06 grams gold per tonne; 12 metres of 8.03 grams gold per tonne; and 24 metres of 2.44...Read More
Troilus Gold (TSX: TLG; US-OTC: CHXMF) has released results from three drill holes completed at the Southwest zone within its 160-sq.-km Troilus gold project, northeast of Chibougamau, Quebec. The results appear to confirm a mineralized trend of over 1 kilometre.The drill highlights include 33 metres of 1.65 grams gold-equivalent per tonne, 13 metres of 1 gram gold-equivalent per tonne, and 9 metr...Read More
Bluejay Mining (LSE: JAY) has expanded its footprint in Greenland, after securing two new mineral exploration licences surrounding its existing Kangerluarsuk zinc-lead-silver project in the island territory's central west.The company can now conduct exploration activities across nearly 2,025 sq. km near the southern tip of Greenland. The project, to be named Thunderstone, is described as being "hi...Read More
Gold has tallied its fourth straight session gain, continuing its rally last week, which saw the price of the precious metal reach its highest in more than seven years.Gold's latest run has likely been spurred by cash injections to mitigate the severe impact of COVID-19 on the global economy, analysts say. Governments worldwide are signing off on massive stimulus measures on top of the near-zero r...Read More
My net worth has barely budged over the past three months. It's down ~3.4% in 2020. There's a lot of pain out there. "Stocks" are down 15% for the year as measured by the S&P. But the S&P and the Dow do not a market make. There is a range of things you can own besides stocks. I hold a lot of cash, for example. Cash (DXY) is in a raging bull market compared to stocks. Let me quantify a lot so...Read More
In an effort to provide relief to companies seeking financing in the turbulent COVID-19 market, the TSX Venture Exchange recently ...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 Canadian mining firm Excellon Resources announced recently that it is acquiring Otis Gold Corp., also of Canada, thus bolstering their risky scheme to use cyanide-based gold mining in theRead full newsRead More
The Coalition for Renewable Natural Gas is continuing its work to advocate for RNG development and its industry members despite the impacts of the COVID-19 pandemic, according to Director of Operations David Cox.Read full newsRead More
Guyana Goldstrike (TSXV:GYA) has agreed to extend the deadline for the completion of an initial payment owing to the Company in connection with a gold forward purchase agreementRead full newsRead More
"Great interview with FPX Nickel's CEO Martin Turenne, providing an overview of the company's Decar #nickel project and our plans for an updated PEA in Q3/Q4 2020Thanks to @CruxInvestorhttps://t.co/sLgo5kAw3q"Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Mining operations in the Philippines' Surigao del Norte province were first suspended on April 1.Read full newsRead More
Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content all the time. 1. Giustra buying at Thunderbird Entertainment Group - INK Research (subscribers)More often than not, Frank Giustra shows up on our screens in the mining sector. In today's INK report, however, he reappears in the entertainment industry as an insider who is...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") at the request of IIROC, has provided further details on the announcement that it has received an increase in revenue-generating work orders due to COVID-19 supply chain distress.The Company's commercial Artificial Intelligence (AI) and Machine Learning (ML) technology delivers accurate and automated product inf...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announced today a business update in response to the Global Covid-19 Pandemic (the "Covid-19 Pandemic"). On March 11, 2020, the World Health Organization declared a global pandemic. In order to combat the spread of COVID-19 governments worldwide have enacted emergency measures including travel bans, legally enforce...Read More