Haywood Securities has initiated coverage of Minera Alamos (TSXV: MAI) with a buy rating and 12-month target price of C$0.40 per share-a 281% return from the junior's current share price of C$0.11."Minera Alamos holds two development projects in its project portfolio that can be quickly ramped up to production, with the potential to produce ~ 100,000 ounces of gold over the next few years," mining...Read More
Venezuela made it illegal for its citizens to own guns seven years ago, leaving the real weapons solely in the hands of the army and the police. Continue...Read More
Vancouver-based Rockridge Resources reports drilling high-grade, near-surface copper mineralization at the Knife Lake property 50 km northwest of Sandy Bay. Rockridge has an option with Eagle Plains Resources to acquire 100% interest in the historic property.Drill hole KF19001 intersected net textured to fracture controlled sulphide mineralization between 7.5 to 40.6 metres, returning 33.1 metres...Read More
Toronto-based Anaconda Mining is conducting an infill drilling program at its Argyle gold deposit located about 4.5 km from its Pine Cove mill and tailings facility at the Point Rousse project. Chief executive Kevin Bullock noted in a release that the grade and thickness continuity has been confirmed near the surface.Highlights from the eastern part of the Argyle infill program:Hole AE-19-122: 76...Read More
As we know, gold and the US dollar have an inverse relationship. Gold is priced in US dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different.The standard inverse relationship has not been a perfect one in recent months or years.In the chart below we plot gold...Read More
"We are developing our own policies internally. We very much want to hear what the Senate and House members, what the Democrats want to say, and we will try to react to that. Continue...Read More
(Adds Breakingviews link, closing share price)By Alwyn Scott and Rachit VatsApril 30 (Reuters) - General Electric Co said onTuesday it generated more profit and lost less cash thanexpected in the first quarter, suggesting an improving outlookunder its new leader that sent its shares and bonds higher.New Chief Executive Larry Culp cautioned, however, that theresults stemmed largely from the timing...Read More
The London Bullion Market Association (LBMA) said Societe Generale had resigned as a market maker for gold and silver, as France's third-largest bank pushes ahead with a downsizing of its commodities business.SocGen said this month it would cut 1,600 jobs to boost profits after poor performance last year and exit over-the-counter commodities trading.SocGen declined to comment on its resignation.In...Read More
A bitter battle for control of Canada's Guyana Goldfields (TSX: GUY) between the miner and dissent shareholders led by founder and ousted chairman, Patrick Sheridan, has been finally settled this week, costing the company's head his job.As part of the agreement, the Toronto-based miner is appointing two new independent directors to the board - Alan Pangbourne and Allen Palmiere - with other two...Read More
The health risks of drinking water contaminants and the economic benefits of drinking water standards are typically assessed one chemical at a time, an approach that misses the Continue...Read More
Tower Resources (TSXV: TWR) announced this week that its team of geologists started an exploration program on the Nechako property, located in the western Canadian province of British Columbia.In a press release, Tower said the campaign will begin with infill reverse circulation or RC drilling at the head of the Nechako dispersal train.In the current RC drilling program, six to eight infill holes...Read More
Daniel Greenfield believes that the Democrat Party is rapidly shifting towards being the anti-semitic party. Their resounding failure to censure Rep. Omar is a perfect case in point. It's an amazing thing when we consider that the modern Democrat Party was in large measure supported and brought into being by all too many Jews. What does that say about its future?Read More
Gold stocks tend to become extraordinarily volatile during weeks that feature multiple key fear trade events.Continue...Read More
While the Chinese and populations are well known for their insatiable appetite for importing, buying Continue...Read More
Jake Bernstein, founder of Weekly Capital Markets Report and Daily Sentiment Index, in conversation with Maurice Jackson of Proven and Probable, discusses lessons he has learned in over 50 years of trading. Maurice Jackson: Joining us for a conversation is Jake Bernstein, the founder of the Weekly Capital Markets Report and the Daily Sentiment Index. If you are an active participant in the natura...Read More
Technical analyst Clive Maund explains why he believes shares of this Golden Triangle explorer are at a good entry point. I consider Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) to be among the best in the Golden Triangle. Note that the seasonal speculative spikes that we are expecting in these stocks may not get underway until the late summer, so this is more about positioning at good prices ahe...Read More
Technical analyst Clive Maund charts this firm with exploration success in the Golden Triangle. Golden Ridge Hank ProjectGolden Ridge Resources Ltd. (GLDN:TSX.V), a company with a project in the Golden Triangle, is considered to be among the best in the district. Note that the seasonal speculative spikes that we are expecting in Golden Triangle stocks may not get underway until the late summer, s...Read More
The argument for why this Canadian explorer warrants a look is made in a BMO Capital report. In an April 23 research note, analyst Andrew Mikitchook reported that BMO Capital Markets initiated coverage on Probe Metals Inc. (PRB:TSX.V) with an Outperform rating "to reflect expected upside" and a CA$2 per share target price. The company's stock is currently trading at around CA$0.94 per share. Miki...Read More
This arrangement will allow the company to focus on advancing its Stillwater West project. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTC) announced in a news release it signed a letter of intent to afford Mount Cairnes Resources Corp. a 51% earn-in of Group Ten's Ultra platinum group metals-nickel-copper large claim block in the Yukon. In exchange, over the next four years, Mount Cairnes would pay...Read More
German metals distributor Kl??ckner expects its 2019 earnings to be negatively affected by "declining demand" and weaker steel prices, it said on Tuesday April 30."Against the background of unexpected... negative price effects and declining demand developments - especially in the [EU] automotive business," Kl??ckner expects its operating income to fall to ?,?50-60 million for the second quarter, d...Read More