In this episode of the Full Disclosure Podcast, host John McGregor provides a critical update on current economic challenges, ...Read More
InPlay is as solid as they come in a smaller Canadian energy E&P company: Debt being paid down aggressively, strong free cash ...Read More
Global Analyst Adrian Day discusses good news at three of his major resource holdings. He notes that Agnico knocked it out of the park, Anglo upped the value of Orogen-'s royalty again, and Osisko had a major stream asset get bigger.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported a very strong first-quarter result, with higher production and lower costs. Cash costs are $929 per ounce, and All...Read More
Both total and silver production beat estimates at the Mexico operation of this Outperform-rated company, noted a BMO Capital Markets report.Overall Q1/24 production at MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) joint venture (JV) Juanicipio project in Mexico was 7% higher than BMO Capital Markets' estimate, driven by better-than-expected silver grades, reported analyst Kevin O'Halloran in an...Read More
Q1 2024 sees solid silver production at Juanicipio, with 4.4 million ounces and 9,927 gold ounces reported despite a brief shutdown for maintenance. Read more about how these results are shaping up to meet annual production forecasts.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) announced a productive first quarter for 2024 at its Juanicipio mine, showcasing a robust operational performance. The m...Read More
Technical Analyst Clive Maund takes a look at Lion One Metals Ltd. to explain why he believes it is a Strong Buy.We bought back Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX) in the middle of February after sidestepping a severe drop, and while we were right about it being undervalued it was and is we were too early as it dropped even more while in the process of marking out a base pat...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points at 8:30 AM EDT.Focus today is on the FOMC's announcement on the Fed Fund Rate at 2:00 PM EDT. Consensus calls for no change in the Rate at 5.25%-5.50%.Amazon added $2.16 to $177.16 after reporting higher than consensus first quarter revenues and earnings. Starbucks plunged $10.03 to $78.46 after reporting le...Read More
"Why are we gambling with America's future?"This is the question of New York Times columnist David Brooks. More from whom:America is expected to spend $870 billion, or 3.1 percent of gross domestic product, this year on interest payments on the federal debt. According to the Committee for a Responsible Federal Budget, the government will spend more on interest payments than on the entire defense b...Read More
This is a highly consequential election year, to say the least. The policy differences between Biden and Trump are enormous. Whether it's taxes, regulation, borders, energy or foreign policy, the differences couldn't be clearer.And though I prefer to focus my analysis on markets alone, I can't. These days especially, politics plays too great a role in how markets behave.But this year's election is...Read More
Did it warm your heart to see all those blue-and-yellow Ukrainian flags waved by our elected officials in Congress Saturday night with the passage of the $60-plus-billion aid bill to the Palookaville of Europe?You realize, don't you, that the tiny fraction of that hypothetical "money" from our country's empty treasury that ever reaches Ukraine will rebound on the instant into Mr. Zelenskyy's C...Read More
In this video we look at the jump in the gold price since February 2024 in the context of the major parabolic moves for the metal in ...Read More
News Update As news breaks of an agreement between Treasury Metals and Blackwolf Copper and Gold to advance the Goliath gold project in Ontario, Technical Analyst Clive Maund looks at the details.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) is regarded as an unusually attractive mining stock here for several reasons. A big one is that its current very low valuation means that it has big ups...Read More
This Canadian company has a robust plan for its project in the Yukon as it looks toward a mineral resource estimate. Read on to learn why experts like this owner of multiple assets.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced the upcoming work plan at its 3 Aces project in Canada's Yukon will include drilling, geophysical surveys, surface mapping, and reclamation efforts. Preparations to s...Read More
Technical Analyst Clive Maund takes a look at Perpetua Resources Corp. to explain why he believes the stock is a Buy.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) is a momentum play, and the reason why we are looking at it now is that it looks like the current strong upside momentum will continue for a while yet and if so, it will result in substantial gains over the short to medium-term and th...Read More
Total production by this Buy-rated Canadian company exceeded estimates by 19%, noted a Red Cloud Securities report.Silver X Mining Corp.'s (AGX:TSX.V) Q1/24 production results from its Nueva Recuperada mine in Peru were positive and better than in the previous quarter, reported Red Cloud Securities mining analyst Timothy Lee in an April 25 research note."The stepwise improvement from Q4/23 to Q1/2...Read More
Funds from this and the sale of its ex-U.S. asset will help the company advance its projects in the Great Basin, noted a BMO Capital Markets report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX) announced it had upgraded its nonbrokered, private placement from CA$9.5 million to CA$12.5 million in gross proceeds. The cash is meant to fund continued advancement of its two U.S. projects, Black Pine and Go...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 33 points at 8:35 AM EDT.Index futures were unchanged following release of the March U.S. Trade report at 8:30 AM EDT. Consensus was a deficit of $68.00 billion versus a deficit of $68.90 billion in February. Actual was a deficit of $69.4 billion.Qualcomm advanced $5.74 to $169.70 after reporting higher than consensus...Read More
The silver spot price is above $26 per ounce today. It peaked above $28 on April 19, so it's pulled back a bit. But that's no big deal.Like the rising gold price, which is over $2,300 per ounce, it looks like there's more yet to come. In other words, precious metals are rapidly repricing.Right away, this tells me that Wall Street and the City of London have lost control over the price for gold and...Read More
My goodness, I didn't think I could hate the present administration more than I already do. It's a fountain of idiotic ideas, starting with shutting down the Keystone XL pipeline to just sending $61 billion to Ukraine.You may as well just set the money on fire.Everything Boneheaded Biden has done has made things more expensive. And don't give me, "Well, inflation has come down!"If a product costs...Read More
CHEYENNE, Wyo., May 2, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), is pleased to announce that management will be attending and speaking at the 9th Current Trends in Mining Finance Conference hosted by the Society for Mining, Metallurgy and Exploration (SME), to be held on May 20-22, 2024 in New York (the "Conference").The industry-leadin...Read More