Led by the team behind the development of the La Arena gold mine in Peru, Rio2 intends to use the proceeds at its Fenix gold project in Chile, which it acquired in July 2018 through its merger with Atacama Pacific Gold Corp.Rio2 had announced plans earlier this month to raise between $3-$5 million by issuing up to 10.9 million units at 46c but now plans to issue 15.2 million at the same price, say...Read More
The Choco Precious Metal Project in Colombia. Source Max Resource Corp.Max Resource Corp. [TSXV: MXR, OTC: MXROF, FSE: M1D1] (“MAX” or the “Company”) is pleased to report the results of a “cloud stitched” Long Wave InfraRed (LWIR) survey over a 1,000 sq. km area within the Company’s 1,757 sq. km “Choco Gold Bearing Conglomerate Project”, locate...Read More
Hand sample from Nasigon NE showing disseminated copper minerals (bornite, covellite, malachite) in calc-silicate rock at the Mitchi Project in Quebec. Source: Kintavar Exploration Inc.Kintavar Exploration Inc. [KTR-TSXV] shares were active Wednesday February 27 after the company released final assays from 2018 drilling on its Mitchi property in Quebec."We are very excited with these final result...Read More
The 60,000 tonne-per-day Mount Milligan open pit, copper-gold mine is located approximately 90 miles northwest of Prince George in central British Columbia, Canada. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX; CAGDF-OTC] on Wednesday February 27 announced positive news in relation to its bid to secure a vital supply of water for its Mount Milligan copper-gold mine in British Columbia.The...Read More
Carnotite Mineralization found at ANIT. Source: Blue Sky Uranium Corp.Blue Sky Uranium Corp. [TSX-V: BSK, FSE: MAL2; OTC: BKUCF], (“Blue Sky” or the “Company“) is pleased to announce the results of the first Preliminary Economic Assessment ("PEA") for the Ivana Uranium-Vanadium deposit at the Company's 100% owned Amarillo Grande Project in Rio Negro Province, Argentina. T...Read More
And the consolidation in the cannabis industry continues.We got word today that Curaleaf Holdings (OTCBB: CURLF) (CSE: CURA) is acquiring Eureka Investment Partners for $30.5 million.With this acquisition, Curaleaf will get access to California's wholesale market through a 110,000 square foot greenhouse facility in Salinas, CA, with the potential for a 270,000 square foot expansion. Combined, this...Read More
Sometimes all a successful investor needs is a little patience... and just the right amount of luck.Ask yourself what you were doing when you were about 11 years old.Perhaps you were stuck in a classroom with your friends counting down the seconds until the end of the day. Or maybe you had spent your last $0.40 hoping to find that 1990 Upper Deck card of Andres Galarraga that you'd been hunting.Ma...Read More
By: Avi GilburtAlbert Einstein once said: "Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions." This phenomena is quite evident on Seeking Alpha, which is a crowd sourced website. Most readers gravitate to an analyst simply because that analyst supports the readers o...Read More
By: Jordan Roy-Byrne CMT, MFTABack in 2013 I recall having a bearish view on the stock market due to extremely bullish sentiment readings. The market completely ignored that, made a major breakout through 13 year resistance and continued running for years.Lesson learned.Turning to Gold, we find something similar during major breakouts in 2005, 2007 and 2009. In the chart below we plot Gold alon...Read More
TSX Venture Exchange: BSKFrankfurt Stock Exchange: MAL2OTCQB Venture Market (OTC): BKUCFVANCOUVER, Feb. 27, 2019 /CNW/ - Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), ("Blue Sky" or the "Company") is pleased to announce the results of the first Preliminary Economic Assessment ("PEA") for the Ivana Uranium-Vanadium deposit at the Company's 100% owned Amarillo Grande Project...Read More
By: Ira EpsteinFed Powell was more of a political discussion and not financial.Lower dollar, yields falling. Gold's volatility falling, a market in no-man's land. Gold held $1,323.3 -- bulls won the day. Gold's seasonal chart running into resistance...Read More
COLORADO SPRINGS, Colo., Gold Resource Corporation (NYSE American: GORO) (the "Company" or "GRC") today announced an eighth consecutive year of profitability, reporting net income of $9.3 million or $0.16 per share. The Company also confirmed its previously announced 2018 annual mill production of 26,838 gold ounces and 1,672,034 silver ounces for 47,622 precious metal gold equivalent ounces....Read More
Rick's Picks avidly follows the stock market's ups and downs each day, as well as the way it is influenced by the Fed's silly obfuscations. On some days it feels as though the cheerleaders at The Wall Street Journal et al. are overdoing it, generating enough hubris to stand economic logic on its head. But let's not kid ourselves. Whether this rally has a week to go, a month, or even a year, t...Read More
Gold will break free from $1320-$1340 trading range and form a new range anytime soon. Silver needs to trade over $1596 to zoom. Copper needs to trade over $291 (till Monday) to zoom. If crude oil rises today and tomorrow, then chances of $60 by next week will be very high. Germany's Merkel wants a united Europe to counter Asia. Chancellor Merkel has said that European political and business l...Read More
There's no way to guess precisely where gold and silver prices may go - however, we do have historical examples that can be extrapolated for today's economic climate. Join Mike Maloney as he updates the prices required for gold to account for the massive amount of base currency that is literally being printed as though it is going out of fashion. Michael Maloney is a precious metals investment exp...Read More
Read the full story from Project Veritas: https://www.projectveritas.com/2019/02/27/facebook-insider-leaks-docs/Read More
Will US trade threats against China and Europe work out?Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
"The price of gold has been moving higher even if rates have been moving higher. And it's either the folks investing in gold are looking beyond the hump when rates are eventually going to go down, and eventually they will, real interest rates haven't really gone higher, inflationary pressures are moving a little bit higher; and at the end of the spectrum, of course, people buy gold for diversifica...Read More
"History tells us that wars are full of miscalculation. My question is that, given the weapons we have, can we afford miscalculation...We should sit down and talk."Continue...Read More
Rick Mills of Ahead of the Herd provides an overview of the ups and downs in the rare earths market and discusses one company that he believes has all the elements in place for a "successful, small-scale rare earth operation." Those who have worked in the business as long as I have will easily remember the rare earth mania of 2008-11. For about three years following China's export restrictions on...Read More