In this interview I visit with seasoned energy industry vet Ed Kovalik, these days the Chairman and C.E.O. of Prairie Operating Co.Read More
"I feel we have created a must-own silver name" says Shawn Khunkhun, C.E.O of Dolly Varden Silver (TSXV-DV; OTCQX-DOLLF) ...Read More
In this latest installment of our early 2024 corporate interviews you will learn WHY i80 Gold Corp. (NYSE-IAUX; TSX-IAU) will be ...Read More
Western Exploration Inc. takes stock of 2023 and looks forward to plans for 2024 at its Aura gold and silver project in Nevada, which one analyst called "one of the most attractive mining jurisdictions in the world."In its annual update to shareholders, Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC) noted that in 2023 it made "significant strides" towards goals of completing a preliminary feasibil...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts onFitzroy Minerals Inc.formally Norseman Silver Inc.and where he believes the stock is headed. Back on January 8, after reading of an outrageously impressive drill hole at their B.S. NAK property, I re-established a Buy on American Eagle Gold Corp. (AE:TSXV) at CA$0.40.I picked up 300,000 in the GGMA 2024 Trading Account at CA$0.35 into a...Read More
Global Analyst Adrian Day comments on Jerome Powell's latest press comments and looks at recent developments from a few companies on our list of current recommendations.Fed chairman Jerome Powell took away the punch bowl before it had even been served. In a surprisingly hawkish statement, the Federal Reserve made clear that, although the tightening bias has gone, it was not yet ready to cut rates....Read More
I haven't written much about gold in the recent past — since the failed breakout attempt early in December — simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a lot clearer both fundamentally and technically, and as we w...Read More
(IDEX Online) - Police have arrested six suspects after a series of smash and grab robberies at jewelry stores in Michigan and Ohio, USA.Gang members are believed to have targeted six separate stores at different malls in a 12-day period, from 13 January until they were apprehended 24 January.They are said to have used rental or stolen vehicles in the robberies, said the the Troy Police Department...Read More
(IDEX Online) - Two +4.0-cts diamonds were identified as stolen property after they were submitted to the GIA for grading.They were among a haul of jewlery valued at $475,000 that was stolen from an empty home in Colorado, USA last June.The diamonds were sent to the GIA in August, two months after the theft, by a wholesale diamond dealer in Cherry Creek, Colorado.The gems - a 4.31 carat diamond ri...Read More
(IDEX Online) - Fancy color diamonds enjoyed "steady growth" of 2.2 per cent during 2023, according to new figures published by the Fancy Color Research Foundation (FCRF).That's significantly slower than 2022, when they surged by 3.9 per cent, but compares favorably with colorless diamonds, which lost 16.5 per cent of value during 2023.But Q4 figures suggest a slowdown. The Index Fancy Color...Read More
(IDEX Online) - An increasing number of colored lab growns are being submitted for grading as natural diamonds, according to GSI.The New York-based lab is warning of a surge in undisclosed brown, yellow and pink stones - from melee to 1.0-cts - in recent months.Most of those detected have been Type IIa with a single nitrogen, all mounted in jewelry rather than loose."Over the past several months,...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:35 AM ESTIndex futures were unchanged following release of the December U.S. Trade Report at 8:30 AM EST. Consensus was a deficit of $62.20 billion versus a downwardly revised deficit of $61.9 in November. Actual was a deficit of $62.20 billionFord gained $0.93 to $13.00 after reporting higher than conse...Read More
Omineca Mining and Metals Ltd. intercepted a significant width of high-grade gold at its underground Wingdam project, according to a note from Research Capital Corp.Junior explorer Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) intercepted a significant width of high-grade gold at its underground Wingdam project, according to a Research Capital Corp. analyst Bill Newman in a February 8...Read More
Technical Analyst Clive Maund reviews Goldshore Resources Inc. to explain why now might be the precise time to buy this gold stock. This looks like the optimal point for investors to buy Goldshore Resources Inc. (TSXV: GSHR;OTCQB: GSHRF ;FWB: 8X00), which is believed to be at the very start of a major bull market following a long and grueling bear market that has erased most of its value.With resp...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on American Eagle Gold Corp.'s stock to explain whether he believes it is a Buy.Note the action on American Eagle Gold Corp. (AE:TSXV) with a print just a penny below the all-time high at CA$0.50 on 618,176 shares volume on a day when everything was in the red. I continue to pound the table on this issue as the NAK discovery is real and bi...Read More
(IDEX Online) - The government of Botswana is to go ahead with its purchase of a 24 per cent stake in HB Antwerp.That's according to documents providing details of finance minister Peggy Serame's national 2024/25 budget, presented on Monday (5 February).It will reportedly pay $65m for shares in the company. Okavango, the the state-owned diamond company, will supply HB with rough di...Read More
(IDEX Online) - The BBC is facing criticism over the way it described the impact of natural diamonds and the terminology used to describe lab growns in a TV reality show.The Natural Diamond Council (NDC) has reacted to an episode of Dragons' Den (equivalent of Shark Tank in the US) in which two friends from Antwerp won $315,000 of venture capital for their lab grown startup Kimai.The US-based...Read More
(IDEX Online) - A hostage held by Hamas for 50 days told Israel Diamond Exchange (IDE) of her ordeal at an event calling for an immediate release of the remaining 136 abductees.Danielle Aloni, 45, was kidnapped at gunpoint from her sister's home at Kibbutz Nir Oz, together with her six-year-old daughter, Emilia.She spoke to members of the IDE on Monday at a bourse event organized jointly with...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:30 AM EST.Walt Disney advanced $4.85 to $104.00 after reporting higher than consensus fiscal first quarter earnings.ARM Holdings jumped $22.19 to $99.20 after reporting higher than consensus fiscal third quarter results. Wynn Resorts added $2.17 to $102.00 after reporting higher than consensus fourth qua...Read More
Yesterday's reckoning drew a fulsome mail...We suggested the United States economy was not a "real" economy. We suggested that it was, instead, a "fake" economy...And that government data-manglers sketch false scenes of economic vigor.Certain readers took... exception.For example: Reader J.B. believes we trained our cannons unjustly upon the Biden administration:It can’t be true under a...Read More