With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining's (TSXV: PGM) Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.Total life of mine capex including closure costs for the underground mine are expected to come in at $327 million. Madsen is one of the high...Read More
SEMAFO (TSX: SMF; US-OTC: SEMFF) has tabled a maiden resource for the Bantou gold zone, located about 170 km south of its Mana gold mine in Burkina Faso, totaling 2.1 million inferred tonnes grading 5.35 grams gold for 361,000 oz. gold.Highlights from the Bantou Proximal zone include 5.21 grams gold over 11 metres from 62 metres downhole and 7.35 grams gold over 3 metres from 95 metres downhole.S...Read More
Canada's ethics watchdog is investigating whether Prime Minister Justin Trudeau broke the rules and pressured his former attorney general to help SNC-Lavalin Group Inc. settle corruption charges out of court.Ethics Commissioner Mario Dion confirmed his investigation Monday in a letter to two New Democratic Party lawmakers. Dion said he would investigate whether Trudeau contravened a section of the...Read More
Morris HubbarttFeb 12, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video AnalysisSF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com and I'll...Read More
Capital preservation is a very important, but sometimes it seems, it's a less talked about goal of Canadian investors.Part of this is knowing when to sell a stock.The following three stocks are trading at 52-week highs, which can sometimes be a sell signal, especially for cyclical stocks.Intact Financial Corporation (TSX:IFC)With a 2.72% dividend yield, a solid competitive position in the insuranc...Read More
With plenty to be worried about on the global financial agenda for 2019, a water-tight portfolio is the order of the day. Therefore, it makes sense that when looking to pad a TFSA with some stable passive income, you may be on the lookout for "forever stocks" - the kinds of investments that one might comfortably buy and forget about replete with a mix of defensive stats, low market variables, and...Read More
A new report by McKinsey forecasts a rapid switch from gas guzzlers to electric vehicles on the world's roads will be boosted by the plummeting costs of owning a battery powered vehicle.The consulting firm's 2019 Global Energy Perspective report foresees a two-thirds drop in the cost of EV battery packs by 2030. The tipping point at which EVs will be cheaper to own than internal combustion engine-...Read More
It's been a very tumultuous road for Cameco Corp (TSX:CCO)(NYSE:CCJ), but it definitely appears as though things are improving for the uranium producer. Last week, it reported its year-end results and they ended with a nice surprise: a profit for the full year. Earnings of $166 million were nearly a complete reversal from the $205 million loss that Cameco incurred a year ago.Although Cameco did...Read More
Toronto-based North American Palladium (TSE: PDL) is ramping up its exploration efforts at the Lac des Iles palladium mine 90 km north of Thunder Bay, Ontario. A minimum budget of $16 million is set, $10 million of which was raised by a flow-through share offering made in December.North American Palladium has identified several underground targets that may extend the life of the mine. Work will f...Read More
Africa-focused Firestone Diamonds (LON:FDI) has unearthed an undamaged 70-carat white, makeable stone from its 75%-owned Liqhobong mine in Lesotho.The diamond is the largest found so far this year and follows the recovery of a 46-carat, gem quality white rock in December, which sold for over $1 million at a sale early this month.Shares in the company shot up on the news and were trading 8.9% h...Read More
It's that time of year when investors are hunting for last-minute additions to their RRSPs. While last year was a tough one across the board for some metals and mining stocks on the TSX index, 2019 is looking like a good year for gold in particular. With that in mind, the following three gold stocks have been evaluated for possible inclusion in an RRSP based on their valuations and outlook in term...Read More
Osisko Metals of Montreal is pleased with the assays from six recent drill holes at the Titan zone on its wholly owned Key Anacon zinc-lead-copper project located 20 km south of the city of Bathurst.Hole KAT-18-11 intersected 10.0 metres of massive sulphides grading 6.69% zinc, 2.46% lead, 0.54% copper and 58.79 g/t silver within a wider zone of mineralization (38.0 metres grading 5.06% zinc, 1.6...Read More
Discovered in 2017, the high grade epithermal gold system known as the Saddle target continues to demand attention from the drillers and geologists of Vancouver-based GT Gold. The target is on the company's flagship Tatogga property near Iskut in the province's Golden Triangle.Last year's drilling expanded the strike length at Saddle both to the east and to the west for several hundred metres as...Read More
Morris HubbarttFeb 12, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video AnalysisSF60 Key Charts, Signals, & Video AnalysisSF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Website Readers: Send me an email to signals@superforcesignals.com and I'll...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average traded sharply higher Tuesday after U.S. lawmakers reached a tentative deal that would avoid another government shutdown, and there were signs of progress on a U.S. trade deal with China. Under Armour Inc. (UAA) earned 9 cents a share in the fourth quarter on an adjusted basis on revenue of $1.39 billion,...Read More
Aluminium premiums in Rotterdam continued to have support over the past week from wide contango spreads on the London Metal Exchange, while premiums in Asia, the United States and South America were generally stable amid a lack of buying interest in the spot markets. Rotterdam premiums ticks higher on LME contango Premiums in Japan, South Korea lower on mounting supply China premium steady on lack...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 12.Please click...Read More
Copper's three-month price on the London Metal Exchange continued to trend lower at the close of trading on Tuesday February 12, with nickel futures also moving downward amid an increasingly negative appetite for risk across the commodity markets.Copper futures topped the complex for total volumes traded, with 13,960 lots changing hands by the close, but continue to trend lower after trading for a...Read More
I get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appear on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn't expect a mild recession until mid-2020. Hmmm - explain that rationale to the 78%+ households who are living paycheck to paycheck, bloated with a record level of debt and barely enough savi...Read More
The European ferro-vanadium market largely held steady in the week ended Friday February 8, with spot market activity subdued once again.Spot prices for European ferro-vanadium narrowed to $77-79 per kg on February 8, from $76.70-79.10 per kg during the mid-week assessment on Wednesday, according to Fastmarkets' calculations.Prices have been fairly stable over the past two weeks while the market a...Read More