Let's take a look at one of the leading Canadian marijuana producers and see why new investors and seasoned veterans alike should pair it with what is arguably Canada's biggest Bay Street banker. We've thrown in a couple of other "big deals" for this hypothetical mini-portfolio, tailor made for bold investors in the TSX index.Canopy Growth (TSX:WEED)(NYSE:CGC)This is arguably the one cannabis stoc...Read More
"Central banks stand ready to lease gold in increasing quantities should the price rise." - Alan Greenspan, July 1998 testimony to CongressAt 8:39 a.m. EST 523,200 ozs of paper gold were unloaded onto the Comex in the space of less one minute:Anyone who's traded big positions on a trading desk knows that the best way to unload a position that is larger than the immediate liquidity of the market in...Read More
Largo's Maracas Menchen Mine in in Bahia State, Brazil. Source: Largo Resources Ltd.Largo Resources Ltd. [LTO-TSX; LGORF-OTCQX] said results for the first quarter of 2019 will be significantly impacted by the decline in the price of vanadium pentoxide [V2O5] since the start of this year. The company said results will also be affected by the measurement of trade receivables under an off-take agre...Read More
The Aurora Gold Mine in northwest Guyana. Source: Guyana Goldfields Inc.A proxy fight between Guyana Goldfields Inc. [GUY-TSX; GUYFF-OTC] and a group of dissident shareholders that includes the company's former CEO Patrick Sheridan is heating up again.On Tuesday, the company issued a news release to address what it described as false and misleading allegations and a threatened derivative action by...Read More
CYP Dean Bedded ash unit overlying salty green mudstones-centralCypress Development Corp. [TSX-V: CYP, OTCQB: CYDVF, Frankfurt: C1Z1]("Cypress" or the "Company") is pleased to report assay results from its recently completed infill drilling program at the Company's Clayton Valley Lithium Project in Nevada. The program which commenced in March is a critical step in the Prefeasibility Study (PFS...Read More
When I first started trading stocks and options back in the turbo-boom dot-com days, there was this guy at the Chicago Board Options Exchange named Ronnie the Rocket. He was a nervous little guy with big ears and an endless stream of fast talk and big ideas.We called him the Rocket because he would bet everything on one idea - the exact opposite of diversification. If AOL hit the customer growth n...Read More
Bruce Grewcock, chairman and CEO of Peter Kiewit Sons' Inc. and a graduate of Colorado School of Mines, will give the keynote address at his alma mater's Spring 2019 Undergraduate Commencement ceremony on Friday, May 10.A Fortune 500 company and the fifth-largest general contractor in the United States, Kiewit provides construction and engineering services to a variety of markets including buildin...Read More
Since becoming president and CEO of Ascot Resources (TSXV: AOT; US-OTC: AOTVF) in October 2017, Derek White has consolidated gold properties in British Columbia's Golden Triangle with the acquisitions of IDM Mining and its Red Mountain gold-silver project, and the purchase of the Silver Coin gold-silver property from Jayden Resources (TSXV: JDN) and Mountain Boy Minerals (TSXV: MTB).Red Mountain,...Read More
In early April 2019, Mountain Province Diamonds (TSX: MPVD; NASDAQ; MPVD) updated the resource estimate for its Faraday 2 kimberlite - one of several kimberlites at its Kennady North diamond project in the Northwest Territories. This is the first update to the Faraday 2 kimberlite resource since 2017. The Faraday 2 kimberlite now contains 2.07 million inferred tonnes grading 2.63 carats...Read More
Canada's benchmark index rose 0.8% to 16,612.81. The S&P/TSX Global Mining Index fell 2.5% to 76.22 and the S&P/TSX Global Gold Index fell 3.5% to 186.63. The spot gold price fell 1.1% to US$1,275.50 per ounce.Shares of Euro Copper rose $1.05 to $17.86. The company cut 25 metres grading 7.56% copper from 134 metres downhole in the southern extension of its Vermelhos mine on its Vale do Curaca prop...Read More
BMO Capital Markets has initiated coverage of Probe Metals (TSXV: PRB; US-OTC: PROBF) with an outperform rating and a $2.00 target price - double its current share price of 98 ?.The junior explorer's wholly owned Val d'Or East project "is one of the higher quality Canadian gold exploration properties, with good prospectivity for resource growth and the potential to transition towards a development...Read More
The S&P/TSX Venture Composite Index fell 1.5% to 609.21, continuing its steady April decline.Shares of Millennial Lithium rose 18 ? to $1.75, after the company doubled the resource at its Pastos Grandes lithium project in Argentina. The project now contains 1.8 billion measured and indicated cubic metres brine grading 427 milligrams per litre lithium and 4,440 milligrams per litre potassium, for 4...Read More
Perhaps I'm officially "of a certain age" where I can't help but scoff at this, but corporate America just went bonkers with their marketing budgets.Gearing up going into Friday there was a barrage of marijuana- and CBD-related advertising, and this is probably just the start.At the center of this is the long-established but under-the-radar "4/20", which has been an unofficial day for marijuana sm...Read More
Silver has been a dull market for the past couple of months, yet as we will see the pattern that has evolved in recent weeks is anything but bearish. On the 1-year chart we can really see what is going on. Back last December silver broke out of a fine Double Bottom formation and ran up quickly but the advance turned out to be modest and by late February it had fizzled out and it started reacting...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 183,213126,94058,444145,702224,132387,359409,516 Change from Prior Reporting Period -16,29432,797-2,66113,224-41,155-5,731-11,019 Traders 17982745951267181 Small Speculators LongShortOpen Interest 53,22231,065440,581 -1,2274,061-6,958 non reportable posit...Read More
StrengthsThe best performing metal this week was palladium, up 3.52 percent as CPM Group noted that the price could climb to $1,800 on supply constraints. Gold traders and analysts switched from bullish to mostly neutral or bearish on the yellow metal this week, according to the weekly Bloomberg survey.Turke...Read More
April 19th, 2019(S14-E692)Featured GuestsStanton Friedman& Harry S. Dent Jr.Please Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITALBLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!).Harry S. Dent Jr. brings fresh insights on the US financial markets in his latest appearance.US equities remain one of a handful of stock bourses to make set new recor...Read More
By: Ira EpsteinGold back to it's monthly mid-point:Read More
The Dow Industrials look primed for a 900-point rally, assuming they can close for two consecutive day's above Friday's high. It occurred slightly beneath a 26,656 Hidden Pivot resistance that's a good bet to show stopping power. However, anything above it would bring a new pivot resistance at 27,463 into focus. That's exactly 904 points above, and it would become all but certain to be achie...Read More
"Bluestone Resources is an advanced gold project thats looking to become the next gold producer - Are you informed yet? Read their feasibility now: https://t.co/vwveNe0ftJ #bluestoneresources $BSR #gold #mine #momentumstocks #bsr #cerroblanco #exploration #goldcorp #mining"Read full newsRead More