Mako Gold Limited (ASX: MKG) is an Australian based exploration company founded by a husband and wife team of geologists Ann and Peter Ledwidge, who between the two of them have 60 years of field experience on three continents. Mako Gold is focused on making a significant high-grade gold discovery by exploring its portfolio of highly prospective gold projects in C??te d'Ivoire and Burkina Faso in...Read More
After spending 17 years with Newmont Mining as a senior exploration geologist, and being transferred twice in the same year (1997), I decided it was time to strike out and do something new.As fate would have it, later that year I landed a most interesting job with a privately funded, start-up mining and energy exploration company.The company was owned by Mr. Mohamed Al Fayed, a wealthy Egyptian bu...Read More
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The Dow Jones Industrial Average rose 2.4% to 23,995.95 and the S&P 500 Index rose 2.5% to 2,596.26. Shares of Hecla Mining rose 5% to US$2.71. The company announced its 2018 production results, tallying 10.4 million oz. silver and 263,103 oz. gold. While Hecla'...Read More
After a jittery year-end, investors jumped back into stocks on the Toronto Stock Exchange during the first full week of trading in 2019, pushing the S&P/TSX Index up 512.4 points - or 3.6% over the trading period - to 14,939.20 on Jan. 11. The volume leader was Barrick, which dropped $1.03 to $16.52, as it began the year trading as the new merged entity, incorporating Randgold Resources' gold asse...Read More
Shares of Cobalt 27 Capital rose 26 ? to $4.44. In January 2019, the company bought Westgold Resources' royalty on the Mount Marion lithium mine in Western Australia for $240,400, plus 200 tonnes of physical cobalt. The royalty consist of 1.5% gross revenues and A$2 per tonne of ore mined from part of Mount Marion. The mine is a joint venture between Jiangxi Ganfeng Lithium, Mineral Resources and...Read More
Another day, another big acquisition in the marijuana sector.This time it is Whistler Medical Marijuana, with which Aurora Cannabis, Inc. just entered into a letter of intent that will see Aurora acquire the privately-held company for around $175 million.The all-stock transaction is just one more on a growing list of consolidation that is only going to accelerate this year.The Race Is OnThe early...Read More
The empty branches in the trees, the cold winter wind, and snow in the driveway can only mean one thing: football playoffs.I'll duly admit to being a fair-weather fan. If the Mighty Ravens aren't in the annual tournament, I'm not that interested.But they were this year, and how they played has something to say about how winners invest.Football, like the stock market, is a game of matchups. The Rav...Read More
You know the old saying...Money talks, bullshit walks.And nowhere is this more evident than in the legal cannabis space.Earlier this week, New York Senator Chuck Schumer rolled out the red carpet for a Canadian-based cannabis company that could soon end up investing up to $150 million in the Empire State's legal hemp market.That company is Canopy Growth Corporation (NYSE: CGC)(TSX: WEED), and if t...Read More
Parallel Mining Corp. (TSXV:PAL) (theRead full newsRead More
Newmont Mining Corp. will buy rival Goldcorp Inc. in a deal valued at $10 billion, creating the world's largest gold miner and cementing a return of M&A to the industry.Read full newsRead More
Newmont Mining will take over Goldcorp in a deal worth US$10 billion, creating the world's leading gold company.Read full newsRead More
"Vector Resources has completed the acquisition of a 60-percent stake in the Adidi-Kanga gold project in the Democratic Republic of Congo. https://t.co/Wgcosejqor #vectorresources #preciousmetals #gold #investing #INN"Read full newsRead More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12January 14, 2019 "If everybody is thinking alike, then somebody isn't thinking." General George S. Patton, U.S. Army field commander, WW2, 1885-1945 "There are two kinds of people that lose money: those...Read More
Jan. 11th, 2019(S14-E678)Featured GuestsCEO Kenneth Lewis& John WilliamsShow HighlightsOneGold Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott Inc.The first online marketplace to offer secure and convenient buying, selling and redemption of digital PMs.OneGold uses VaultChain, a secure, immutable blockchain ledger from Tradewind M...Read More
By: Jordan Roy-Byrne CMT, MFTAAlthough the financial media conflates the two, there is a difference between a rally and a bull market.A rally implies a rebound after or a reprieve from weakness. A bull market is higher highs and higher lows for a period of at least a few years.Gold's strength in the 2000s was not a rally, as many have deemed it, but a bull market. Gold's rebound in 2016 was a...Read More
It felt like a mountain of supply sitting on stocks last week, growing more ponderous by the day. By Thursday the broad averages were too fatigued to achieve even minor 'Hidden Pivot' rally targets, the still-feisty FAANGs too subdued to help. Of course, just because the market looked punk on a given day does not preclude the possibility that, come the next, traders will conveniently forget what...Read More
If crude oil rises over $10 by month and floats over $72 (brent), then there will be renewed fears of global recession. Right now, I believe most of the global slowdown related news has been discounted in by the markets. The pace of rise of crude oil will determine recession or growth or slowdown. Energy prices ? inflation determination? Interest rate cycle. There are host of other factors which...Read More
"5 Top Weekly TSXV Stocks: M2 Cobalt Completes Initial Drilling and Last Week's Other Top gainers on the TSXV https://t.co/NNofNEzxAp @M2Cobalt #TSXV #juniormining #investing #INN"Read full newsRead More
"5 Top Weekly TSX Stocks: New Gold Shines After Q4 Results and Last Week's Other Top-Gaining Mining Stocks https://t.co/jhqqGVymLH @NewGoldInc #TSX #mining #investing #INN"Read full newsRead More