Shares of Westhaven Ventures Inc. (TSX-V: WHN) took a hit on Monday morning, down over 12% at market open and at one point traded at a six-month low of C$0.60. The company's market capitalization sits at just over C$57 million. Earlier, the company had released results from its ongoing drill campaign at the Shovelnose gold property, highlighted by 28.72 metres of 2.97 g/t gold and 13.68 g/t silver...Read More
Low-priced shares often provide a peek into the market’s bargain bin. For many reasons, stocks under $10 per share aren’t as well-known among investors, often resulting in a valuation discount.Here are three low-priced shares worth your consideration.Bombardier (TSX:BBD.B)Since finalizing its $1.3 billion bailout package with the province of Quebec, Bombardier stock has risen by nearly...Read More
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
Texas lawmakers created a new storage option for miners when they signed off on building America's first state-backed gold depository in 2015.The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside of Fort Knox, will have the full protection of the state of Texas, and is insure...Read More
I remember the first time I met Montel Williams...Yes, THE Montel Williams, made famous during the 1990s talk show boom. He wasn't Oprah, and he sure as hell wasn't Geraldo Rivera, but he split the difference between the "hand to hold, give me tissues" and the hard-hitting "we need to explore this topic" host.I liked him immediately. In our conversations, Montel just brought it, with vigor...I'll...Read More
In November 2015, Vancouver-based Lucara Diamond Corp. announced that it had recovered a 1,111-carat diamond - the second largest, gem quality stone ever found in the world - from its Karowe mine in Botswana. Following a country-wide contest, the stone was named Lesedi La Rona - meaning "our light".Lucara put the Lesedi La Rona up for sale, but initially felt the price offered was too low. The min...Read More
Apr 23, 2019 Guest(s): Andr?(C)e St-Germain CFO, Integra Resources The financing environment is not what it was in the mining space, as juniors continue to face headwinds in raising capital, this according to Andr?(C)e St-Germain, CFO of Integra Resources. "When I started in this industry about ten years ago, any mining company with a project, any project, could raise a lot of equity. These days...Read More
BMO Capital Markets has initiated coverage of Probe Metals (TSXV: PRB) with an outperform rating and a C$2.00 target price-double its current share price of C$0.98.By Tuesday afternoon, the Canadian miner's stock was up 7.37% on the TSX, trading at C$1.02. The company has a C$112.8 million market capitalization.The junior explorer's 100%-owned Val d'Or East project "is one of the higher quality Ca...Read More
France's environment minister, Fran??ois de Rugy, is expected to announce in June the government's official position on a proposed open-pit gold mine and precious metals industry in French Guiana, potentially the department's largest, and it has locals divided.The Montagne d'Or gold project, a joint venture between Russian billionaire Alexey Mordashov's mining company, Nordgold, and Canadian ju...Read More
Toronto-based Noront Resources, 85% owner of the McFaulds volcanogenic massive sulphide property in the Ring of Fire, has completed a 2,059-metre copper-zinc focused program at the No.8 deposit. (KWG Resources holds the other 15% of the project.)Hole MCF-19-102 did not intersect massive sulphide, but returned a very respectable 20.0 metres grading 2.0% copper and 0.1% zinc within a zone of abundan...Read More
This is an article regarding uranium stocks, and why you should seriously consider investing.Energy is one of the most valuable sectors of the economy, and uranium happens to represent a massive opportunity in the energy sector.Read More
Peninsula Energy Ltd (ASX:PEN) has achieved another milestone in the regulatory approval process for the use of low pH solutions at the Lance Uranium Projects in Wyoming, US.The Uranium Recovery Program (URP) within the Wyoming Department of Environmental Quality (WDEQ) has completed its review of the amendment application and deems the amendment technically complete under relevant legislation.Dra...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended higher Tuesday , with positive earnings reports pushing the S&P 500 and the Nasdaq to record closing highs. Coca-Cola (KO - Get Report) posted stronger-than-expected first-quarter earnings as organic sales growth and operating margins showed solid improvements from last year. United Technologies (UTX - Get Report) clim...Read More
A summary of base metals premiums from across the globe for the week to Tuesday April 23.Please click...Read More
Europe's return to the metals market after the Easter bank holiday has failed to precipitate any significant consumption, while a further slew of weak European and United States economic data destabilized London Metal Exchange three-month contracts by the close on Tuesday April 23. The entire complex traded down by close of play but no metal was harder-hit than nickel. The metal's LME three-month...Read More
Comex copper prices were dragged lower on Tuesday April 23 morning in the United States, with a surging dollar and concerns over Chinese growth weighing on the base metals complex.The copper price for May settlement on the Comex division of the New York Mercantile Exchange inched down by 2 cents to $2.8815 per lb. The red metal has been unable to set a clear price direction over the past few weeks...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
Key data from the pricing sessions in Asia, Europe and the United States for the period ended Tuesday April 23. The European high-carbon, low-carbon and low phosphorous ferro-chrome and Turkish lumpy chrome ore cfr Chinese ports prices were due to be assessed on Friday April 19. As this was a UK public holiday, these prices were rolled over from the previous pricing day, as per our methodology. Th...Read More
Bob Moriarty ArchivesApr 23, 2019I wrote a book in January I called Basic Investing in Resource Stocks. So far it has the highest reviews I have ever seen on a book and I pretty much read a book a day. You can buy the Kindle version for $5.99. I priced it low so everyone can afford to buy it.Someday I’m going to write the sequel to it. I’ll probably call it Advanced Investing in Resour...Read More
The decline in the Chinese ferro-vanadium export price came to a halt last week after finding support from a firm domestic market and improved sentiment. Meanwhile, the European ferro-vanadium market continued its downward trend amid aggressive competition among sellers. Chinese ferro-vanadium price stabilizes on firm offersEuropean ferro-vanadium price slides again due to aggressive offersChinese...Read More