High-growth investors may have already cottoned on to the fact that gold stocks are on a tear at the moment, with the rally led by some of the biggest metal and mining tickers on the TSX index. With some indications of good per-asset value (if somewhat wayward P/E ratios) and lots of upside on the way, the following three gold stocks are a great way to invest in the yellow stuff on Canada's bigges...Read More
Uncertainty continues to darken the investment horizon, and while the TSX has rallied after a hard holiday season, defensive stocks are still the order of the day. The following trio of stocks fits the bill nicely while offering a spread of dividends and some diversification as well as upside in three of the most defensive areas available on the TSX index. With banking, utilities, and mining repre...Read More
In the last quarter of 2018, gold stocks significantly outperformed the market. The TSX Gold Index gained 18.4%, while the broader TSX Index was in the red. It has been a while, but investors appear to be once again warming up to gold as a hedge against turbulent markets.One company that stands to benefit from a rising gold price is Pretium Resources (TSX:PVG)(NYSE:PVG). In mid-December, the compa...Read More
Bob Moriarty ArchivesJan 16, 2019New Carolin Gold reports a total 43-101 resource of over 700,000 ounces of gold at a low-grade cutoff. That may not sound like much but they have a market cap of only $5.4 million. Those are cheap ounces at about a $6 per ounce US price.If I am right and we are on the verge of an explosion in the price of gold, the marginal projects will advance the most. While it&...Read More
It said it would use the funds to complete a feasibility study on its Josemaria project in Argentina, engineering and exploration studies on the company's other projects, repaying the existing balanceRead More
Proposed Kinder Morgan Trans Mountain twinned pipeline expansion project. Source: Kinder Morgan.Canadian Prime Minister Justin Trudeau is facing increasing pressure to move faster and more forcefully to complete a new oil pipeline in Canada.The warning is contained in new public opinion data from the Angus Reid Institute, which has been released as First Nations leaders are meeting this week to di...Read More
Great Bear drilling its Dixie Lake Project near Red Lake, Ontario. Source: Great Bear Resources Ltd.Great Bear Resources Ltd. [GBR-TSXV] on Wednesday January 16 announced more drill results from the Hinge Zone and South Limb Zone at its 100%-owned Dixie Lake Project in the Red Lake area of northwestern Ontario.Highlights included a high-grade intersection (drill hole DHZ-014) that assayed 1,602.73...Read More
B2Gold's Fekola mine in Mali, West Africa. Source: B2Gold Corp.B2Gold Corp. [BTO-TSX; BTG-NYSE] said Wednesday January 16 that its gold production in 2018 jumped 51% to a record 953,504 ounces, powered by the strong performance of two key operations. The company is guiding investors to anticipate further production increases in 2019.Based in Vancouver, B2Gold is a senior gold producer with five op...Read More
13 down, one to go.Say it with me again, over and over until it sinks into the market.That's the unofficial mantra adopted by Texas oil drillers for 2019.Last October, oil companies extracted crude oil from the Texas soil at an incredible rate of 4.7 million barrels per day!If Texas were admitted into the ranks of OPEC, it would rank second only to the Saudis.In the last few months, the Lone Star...Read More
CloseGain/LossGold $1293.30+$4.10Silver$15.59+$0.02XAU69.54+0.24%HUI153.70+0.41%GDM576.19-0.14JSE Gold1320.65-24.40USD96.07+0.14Euro113.96-0.16Yen91.94-0.42Oil$52.31+$0.2010-Year2.721%+0.003T-Bond145.46875+0.125Dow24207.16+0.59%Nasdaq7034.69+0.15%S&P2616.10+0.22% The Metals: Gold edged up to $1292.70 in Asia before it pared back to $1288.00 in London, but it then climbed...Read More
-New, cutting-edge technologies often come at a high cost, but not this time. OneGold is extending an unprecedented offer of gold and silver at spot price for three months to help new buyers enjoy the financial benefits of owning precious metals.[OKLAHOMA CITY], [January 7th, 2019] - -New, cutting-edge technologies often come at a high cost, but not this time. OneGold is extending an unprece...Read More
By Ira EpsteinGold continue to move a bit higher, in a tight, consolidation range type trade.https://www.iraepstein.com/ Read More
By Richard (Rick) MillsAs a general rule, the most successful man in life is the man who has the best informationMore gold mines will be going on the block thanks to a blockbuster gold mining company tie-up announced Monday. And major gold companies will also be looking to acquire large, preferably high-grade deposits, due to the ever-present problem of depleting mine reserves, as extraction cos...Read More
By Frank HolmesConsolidation season has finally arrived in the goldfields, just as many experts and analysts have been predicting for some time now. With exploration budgets having been slashed since their 2012 peak, and because there are today fewer and fewer ounces of gold available to be mined, one way forward for producers of all sizes will be to ramp up mergers and acquisitions (M&A) activi...Read More
Northern Vertex Mining Corp. (TSX.V: NEE I OTC NASDAQ INTL.: NHVCF) AMERICA'S NEWEST GOLD PRODUCER is focused on low cost gold and silver production at its 100% owned Moss Mine in NW Arizona. The Company's management team has strong experience in all areas of operations, mine development, exploration, acquisitions and financing of mining projects. Legal Notice / Disclaimer: This document is not...Read More
Gold Holds Steady Over ?1,000 - Increased Likelihood Of A Disorderly Brexit- Gold supported near $1,300/oz ahead of important British Brexit no-confidence vote- Gold is consolidating in range between $1,280 and $1,300/oz (over ?1,000/oz and EUR1,100/oz) - A break of resistance at $1,300 will likely see gold rise rapidly in all currencies- Physical demand for gold coins and bars has picked up i...Read More
Robert Moriarty, the proprietor of 321Gold.com, gives his highly informed and opinionated view of economics and geopolitics in view of the world and markets.Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates...Read More
In 2017, less than a year before he became national security advisor, John Bolton promised a gathering of the Mujahedeen Khalq (MEK) that:Continue...Read More
Estimates of recoverable oil are proving wildly wrong. Art Berman, geological consultant with over 37 years experience in petroleum exploration and production, returns to the podcast this week to debunk much of the hopium currently surrounding America's shale oil output.Because the US is pinning huge hopes on its shale oil "revolution", so much depends on that story being right. Here's the narrati...Read More