Here is the video summary of the August 8th INK Morning report where we look at the competition between insiders and short sellers at Encana (ECA). Where would you place your bets right now?INK Research and Canadian Insider are both subscriber-supported. We do not accept payments from issuers or promoters for stock coverage.Script:Short positions in multi-basin oil & gas operator Encana have been...Read More
Bearish signals continue to dominate our short report, with eight names having bearish setups in the top ten most-shorted list. Although our signals still point to a potential short squeeze in oil patch names Paramount Resources (POU) and Bonterra Energy (BNE), the oil price is not cooperating. As such, the shorts appear to have the wind at their backs as we head into the home stretch this summer...Read More
The Environmental Protection Agency said it would withdraw its option to veto the proposed Pebble mine, which opponents say would endanger the Bristol Bay salmon fishery.Read full newsRead More
(Bloomberg) -- The largest exchange-traded fund that tracks gold miners attracted the most speculators in the latest sign of growing interest in the precious metal.VanEck Vectors Gold Miners ETF's call and put options open interest, a tally of outstanding contracts, is hovering near an all-time highRead full newsRead More
SINGAPORE - Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade and Shanghai nickel touching a record high amid worries that major supplier Indo...Read full newsRead More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to announce CEO and Founder, Traci Costa, will be participating in the year-long Canaccord Genuity Advisory Program for Women Entrepreneurs. Out of the numerous nominations and applications, the five women selected will receive one-on-one mentorship from Canaccord's advisory group, as wel...Read More
Low cobalt prices and higher taxes under the new mining code in the Democratic Republic of the Congo have combined to make Glencore's (LON: GLEN) Mutanda cobalt and copper operation uneconomic, the company says.Mutanda - the world's largest cobalt mine - will transition to care and maintenance by year-end. Last year the mine produced 27,000 tonnes cobalt (20% of the world's supply of the metal) an...Read More
Australian gold major Newcrest Mining (ASX: NCM) was up 3% in afternoon trade to its highest point since 2011.Meanwhile investors have shown strong reactions to miners' results as the reporting season continues.Canada-based miner B2Gold (TSX: BTO) shot up to an all-time high yesterday before closing up 11.45%, as it announced better-than-expected results including record quarterly consolidate...Read More
The total resource is 100.6 million tonnes grading 4% lead, 97 grams per tonne silver, 1.9% zinc and 0.2% copper, an increase of 13% since the December 2018 estimate.Read More
Argo Gold (CSE: ARQ) is a Canadian company focused on gold exploration projects in central and northwestern Ontario that have indications of economic viability. All of Argo Gold's projects are 100% owned. The high-grade flagship, Woco Gold Project, is located 1.5 kilometres south of the past-producing Uchi Mine in the Birch-Uchi Greenstone Belt, which also hosts the multi-million ounce Springpole...Read More
Did you hear the news?Twenty-one Sears and five Kmart stores will be closing in October.I didn't even know either of those stores still existed.I thought they faded into the backdrop of progress years ago, leaving a scattering of empty storefronts and littered strip malls in their wake.I don't say this to be cruel, though.In fact, I have fond memories of my father buying me $0.25 ham sandwiches fr...Read More
August 8, 2019 - Brixton Metals Corporation (the “Company”) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has upsized and will complete its previously announced private placement on August 9, 2019 of units and flow-through common shares of the Company for gross proceeds of $7,798,656.02 (the “Private Placement”). Each unit (a "Unit") will be issued at a price of...Read More
Sebnem Duzgun, professor and Fred Banfield Distinguished Endowed Chair of Mining Engineering at Colorado School of Mines, has been awarded funding from the U.S. Department of Energy to apply new machine learning techniques to geothermal exploration.Duzgun will receive $500,000 over 18 months for her project, which was one of 10 nationwide recently selected for DOE funding. Specifically, Duzgun an...Read More
Under the cloud of slumping base metal prices, advanced-stage developer Nevada Copper (TSX: NCU) says it remains on schedule at its wholly-owned Pumpkin Hollow copper project near Yerington in west-central Nevada. The planned underground copper mine is slated for start-up by year-end, with a proposed second-stage, open-pit phase aiming to come online in 2023. The development project is touted by t...Read More
U.S. firms have been atop the industry pursuing precious metals across the globe.The Northern Miner presents its top-10 list of U.S.-based, mid-tier and junior precious metals companies.1. Coeur MiningMarket cap: US$1.3 billionCoeur Mining (NYSE: CDE) is a diversified precious metals producer and owns the silver-gold complex of mines in Chihuahua, Mexico; the Rochester open-pit silver-gold mine in...Read More
The pair had signed a strategic agreement in September 2017, to resolve environmental disputes and legal proceedings, but the "first longstop date" when all conditions precedent were to be satisfiedRead More
What if I told you that a leisurely competition gave out more than $30 million in cash prizes? Would you be interested?Of course you would.But I'm not talking about the lottery, the World Poker Tournament, or even the Masters.I'm talking about video games. And some kids today are making more money playing them than some of the biggest names in professional sports.Kyle Giersdorf, a sixteen year old...Read More
Searchlight Resources Inc. (TSXV:SCLT) is pleased to announce that the TSX Venture Exchange has accepted the option agreement with GEM Oil Inc. a private Saskatchewan company, to earn a 100% interest in two claims located near Creighton, Saskatchewan and 10 kilometres northwest of the city of Flin Flon, Manitoba.Read full newsRead More
"The gold price powered today through US$1,500 per ounce for the first time in six years as concerned investors sought it out as a safe haven. https://t.co/T9CGsEGACZ #gold #goldprice #investing"Read full newsRead More
Click to enlarge chartA Pittance for GeniusThe late John Scarne, one of the world great experts on gambling, once wrote a treatise explaining why you can't win at three-card monte. That's the game where a grifter lays three playing cards on a makeshift table, instructing you to follow the queen. He turns them face-down, flipping the queen over now and then to make it easier for you to keep tra...Read More