Galway Metals (GWM.V, GAYMF) is a Canadian exploration stock with two prospective projects located in strategic locations. Fundamentally, some things stand out.1. InsidersOver 30% of outstanding shares are in the hands of management and insiders. High quality management as both CEO and Chief Geo come from Kirkland Lake Gold (KL.TO) where they also held management positions. Another reputable insid...Read More
Energy, mining, and Canadian cannabis continue to offer growth investors the potential for upside - though not all of these industries provide stocks with the same mix of value, outlook, and passive income. The following representative stocks are a good place to start if you're looking for high expected growth in earnings over the next couple of years, so without further ado, let's take a look at...Read More
Galway Metals (GWM.V, GAYMF) is a Canadian exploration stock with two prospective projects located in strategic locations. Fundamentally, some things stand out.1. InsidersOver 30% of outstanding shares are in the hands of management and insiders. High quality management as both CEO and Chief Geo come from Kirkland Lake Gold (KL.TO) where they also held management positions. Another reputable insid...Read More
The miner's key project is the Baita Plai underground polymetallic mine in Romania, and it is also putting money into a Marange diamond fields joint venture in Zimbabwe.The bridging loan from Bergen Global Opportunity Fund came after an expected $5.5 million prepayment package was delayed in late 2018.Mercuria Energy Trading finally cancelled the financing in January, sending Vast into a funding c...Read More
The record large 16.28 carat gem-quality diamond recovered on February 18 was sold for $78,947, valuing the stone at US$4,849 per carat. The smaller 8.97ct diamond recovered earlier in the month was sold for $8,306/ct, giving it a total value of $74,513. The stone had been independently valued at over $50,000.CEO Adam Waugh said the sales had further strengthened BlueRock's confidence in the...Read More
The result saw a dividend of 15c per share declared.Last October, Lycopodium reported revenues of $194.6 million and a net profit after tax of $18.17 million for the year ended June 30, with the company saying it expected results in the current year to be generally in line with 2017/18.Last year Lycopodium paid a total dividend of 30c, including 12c in the first-half.In its statement today, Lycopo...Read More
A Nautilus Minerals seafloor bulk cutter mining machine. Source: Nautilus Minerals Inc.Nautilus Minerals Inc. [NUS-TSX; NUSMF-OTC], a company that was hoping to become the world's first deep sea mining firm, has sought protection against bankruptcy.Nautilus said Friday February 22 that it has obtained an order from the British Columbia Supreme Court that provides the company with protection from i...Read More
The Turquoise Ridge gold mine 70 km northeast of Winnemucca, Nevada, owned as to 75% Barrick Gold and 25% Newmont Mining. Source: Barrick Gold Corp.Barrick Gold Corp. [ABX-TSX, NYSE] confirmed Friday February 22 that it has considered making a no-premium offer for Newmont Mining Corp. [NEM-NYSE] as the Canadian mining giant looks for ways to boost production.Barrick has reviewed the opportunity to...Read More
While in college, I met a girl from Grand Forks, ND.She was stunningly gorgeous, and for some odd reason, took a liking to me.Unfortunately, I was a stupid kid and had no idea how to play it cool. Three days after meeting her, she took her ball and went home. And as much as it broke down my self confidence even further, I did learn a very valuable lesson: When you have an opportunity to make a mov...Read More
Lithium Chile (TSX-V: LITH) owns fifteen projects, encompassing 159,950 hectares on Li-rich Scalars in Chile - which has the largest, high-grade lithium reserves and lowest-cost lithium production in the world. At the 2019 Vancouver Resource Investment Conference, we learned from Steven Cochrane, who is President and CEO of Lithium Chile, that 2018 was a successful year. The Company drilled its fi...Read More
The price of gold is quietly on the rise.Over the past four weeks, gold prices have climbed over 5% to $1,350 an ounce - a 10-month high.And this could be just the beginning of a much broader rally - meaning if you want to get into gold, the time is now.Gold prices have been inching up dollar by dollar for a while now. If you take a look at a one-year chart of gold, you'll see prices bottomed out...Read More
Wheaton Precious Metals?,,? Corp. (TSX: WPM, NYSE: WPM) is one of the largest precious metals streaming companies in the world. Wheaton currently has streaming agreements for 19 operating mines and 9 development stage projects. We learned from Randy Smallwood, President and CEO of Wheaton Precious Metals, that in 2018 the Company made their first venture into cobalt, by acquiring a cobalt stream f...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
The gold miners' stocks surged strongly this week, blasting to new upleg highs. The mounting gains are naturally driving more interest in this small contrarian sector, shifting sentiment towards bullish. Despite their accelerating rally, gold stocks still remain fairly low technically and deeply undervalued relative to gold. So their strengthening upleg likely has plenty of room to run c...Read More
HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio.Mr. Pento graciously outlines his current portfolio-strategy in detail for the listening audience.One of the few economic pundits to correctly anticipate the market plunge of 2018 on record.Gold and utilities remain favorite long positions, while he is comfortable with a short positi...Read More
By: Ira EpsteinGold still lower-lows, higher-highs...Read More
On Wednesday the Indoos poked marginally above a key peak at 25,908 recorded in December. This would likely have caused a multitude of technical traders and algos to smack their lips with anticipation, since such breakouts, even when slight, are among the most bullish events that can occur on charts. Of course, it could also be a great way for Mr. Market to set a ruinous trap for bulls, since th...Read More
Dear Friend of GATA and Gold:The Shareholders' Gold Council, started last year by fund manager John Paulson "to conduct research reports and studies of interest to investors in the gold industry" (https://www.goldcouncil.net/), has rejected GATA's requests for membership and to make a presentation about manipulation of the gold market by central banks and their bullion bank agents.A representati...Read More
There will be demand in Asia of gold and silver today. If gold and silver continue to fall today also, then jewelers will have a jolly time during the weekend. They will be very busy. There should be good gold jewelery demand tomorrow if gold prices fall today also. Does an end to so called trade war between USA-China imply that it is over for gold bulls? This is the question which I am aski...Read More
Richard Duncan is an author & economist who has worked as an equities analyst in Hong Kong, served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in...Read More