Housing and auto sales appear to have hit a wall over the last 8-12 weeks. To be sure, online holiday sales jumped significantly year over year, but brick-n-mortar sales were flat. The problem there: e-commerce is only about 10% of total retail sales. We won't know until January how retail sales fared this holiday season. I know that, away from Wall Street carnival barkers, the retail indu...Read More
Investors responded, sending the little-traded Altus' share price up 6.8% to 3.8p (US4.85c).The boost came from rock chip sampling at the Simret prospect, which is part of the Daro VMS project.The highest numbers from the 31-sample programme were 944g/t and 540g/t silver, and 3.55g/t gold.Altus CEO Steve Poulton said the numbers showed the possibilities of the region's copper-gold-silver mineralis...Read More
The reduced rate of steel production and falling profitability is being blamed by China's steel mills on the US versus China trade war which is starting to hit construction and manufacturing, tw...Read More
Logging diamond drill core at the Hank Project in B.C.'s Golden Triangle region. Source: Golden Ridge Resources Ltd.Golden Ridge Resources Ltd. [GLDN-TSXV] shares were active again Wednesday November 28 after the company reported additional assay results from drilling on the Williams Zone at its Hank Project in British Columbia's Golden Triangle District.The stock was down 31.03% or $0.045 to 10 c...Read More
Madsen Mine portal and ramp entrance, Red Lake, Ontario. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV] said Wednesday November 28 that it is pleased with the results of a test mining program which has now been completed at its 100%-owned Madsen Gold Project in Red Lake, Ontario.Pure Gold shares advanced on the news, rising 5.45% or $0.03 to 58 cents. The 52-week range is 46 cents a...Read More
I hate it when oil prices crash.It's happened twice in the last decade.The last two major crashes began in the summer of 2008, when WTI prices soared to $146 per barrel, and then again in the summer of 2014, when prices climbed back over $100 per barrel.So when the market watched crude oil prices experience one of their biggest drops in over three years, the panic set in and the bears took control...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropp...Read More
Superior Gold (TSXV: SGI; US-OTC: SUPGF) recently announced results from a phase two reverse circulation drill program at its Hermes South gold project in Western Australia. The company is trying to expand the existing resource at Hermes South and determine if it could become another open pit mine.Highlights from the program include 3 grams gold over 16 metres from 137 metres downhole, 4.4 grams g...Read More
Imperial filed a lawsuit in the British Columbia Supreme Court in 2016 alleging negligence and breach of contract by both engineering firms Knight Piesold and AMEC, which is now Amec Foster Wheeler, following the August 4, 2014 failure.The company said the lawsuit was settled among all parties, resulting in net payments due to the financially struggling company totalling C$108 million.Imperial sai...Read More
I'm not sure about Santa, but unicorns are real.New research shows the 'Siberian unicorn' walked the Earth with humans as recently as 39,000 years ago.Radiocarbon dating has shown the 8,000-pound animal, which is actually a rhinoceros, was alive and well with humans in Eurasia after the last Ice Age. It was originally thought to have gone extinct as long as 200,000 years ago.Some are arguing the c...Read More
"$IBM - International Business Machines Corp (IBM) Presents at Credit Suisse 22nd Annual Technology, Media & Telecom Conference (Transcript) https://t.co/MFRX9T7hGy"Read full newsRead More
"$GERN - Geron Corporation (GERN) CEO John Scarlett Presents at Annual Piper Jaffray Healthcare Conference Call Transcript https://t.co/QcVBGS6F2p"Read full newsRead More
"Which 25 jurisdictions received an A-rating or better for their #investmentsecurity? Find out in the #WorldRiskReport: https://t.co/iXlsSr9ABt #mining #miningrisk #mininginvestment"Read full newsRead More
CloseGain/LossGold $1215.00-$7.50Silver$14.14-$0.11XAU63.55-1.82%HUI143.71-1.99%GDM526.50-1.91%JSE Gold1105.78-21.46USD97.36+0.31Euro112.95-0.39Yen88.02-0.12Oil$51.56-$0.0710-Year3.053%-0.014T-Bond139.90625+0.125Dow24748.73+0.44%Nasdaq7082.70+0.01%S&P2682.20+0.33% The Metals: Gold edged up to $1225.20 by a little after 8AM EST before it fell back to $1212.00 in early afternoon New York tra...Read More
by John Mauldin via Forbes.comA Worldwide Debt Default Is A Real PossibilityIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash yet.Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to finance your vac...Read More
Most investors are cautious. Nothing is rising, be it stocks, commodities or bonds. Sitting on cash is the favorite pastime of traders and investors. There will be short term certain direction after the G20 meeting and US November nonfarm payrolls on 7th December. It is just keeping a hawk eye and making the right investment. Do invest with the herd. Herd trading can result in more losses than p...Read More
Desert Gold Ventures Inc. ("Desert Gold" or "the Company") (TSXV:DAU) is pleased to announce that it has successfully renewed its 100% owned Farabantourou permit for an initial 3-year term.Read full newsRead More
The TSX Venture Exchange has accepted for filing the following share purchase agreements. A share purchase agreement dated Aug. 12, 2018, between the company and Jayden Resources Inc., whereby the company will acquire an 80-per-cent interest in the Silver Coin property located in British Columbia.The purchase is through the acquisition of the issued shares of Jayden Resources (Canada) Inc. Conside...Read More
"Did you check out the North Bud Farms CEO's @Mr_Ryan_Brown interviewed on @CannabisFN at #CannaBrunch a few weeks ago? Time to get caught up! Watch it here: https://t.co/PnxcXJRDKa@northbudco #NBUD $NBUD #Northbud #MarijuanaStocks #CSE #SmallCaps #potstocks #momentumstocks"Read full newsRead More
Mr. Akiko Levinson reports IRVING RESOURCES COMPLETES NON-BROKERED PRIVATE PLACEMENTIrving Resources Inc. has closed the non-brokered private placement announced on Nov. 20, 2018. The company raised $2,083,802 by the issuance of 1,894,365 units at a price of $1.10 per unit.Each unit consists of one common share of the company and one-half of a share purchase warrant.Each whole warrant is exercisab...Read More