Recent News

Radisson intersects 30.6 g/t Au over 1 m on the Vintage Zone

March 06, 2018 / bit.ly

Radisson Mining Resources Inc. (TSX-V:RDS) (OTC:RMRDF) (FRANKFURT:2RX) ("Radisson" or the "Company') is pleased to announce the first set of results from the 6,000 m ongoing drilling program on the Vintage Zone of the O'Brien gold project.Read full newsRead More

House to debate bill to reduce violence in schools

March 06, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. House of Representatives will debate bipartisan legislation next week aimed at preventing violence at schools following the shooting deaths of 17 people at a Florida high school on Feb. 14, Majority Leader Kevin McCarthy said on Tuesday.McCarthy, the second most powerful Republican in the House, did not outline any other bills the chamber might consider that are urg...Read More

Tesla Options Bear Targets Multi-Year Lows By June

March 06, 2018 / www.schaeffersresearch.com

Tesla Inc (NASDAQ:TSLA) is trading down 1.2% at $329.25, amid broad-market headwinds and reports Porsche unveiled a Model X rival and Uber's fleet of self-driving trucks is now moving freight in Arizona. Whatever the reason, options traders are betting on even bigger losses, with TSLA stock's single-day put/call volume ratio last seen at a top-heavy 1.36 -- pacing in the 100th annual percentile.By...Read More

Wall Street steadies as trade war worries cool

March 06, 2018 / www.kitco.com

(Reuters) - Wall Street steadied on Tuesday as signs of easing tensions in the Korean Peninsula and political pressure against U.S. metals tariffs offset the fears of a global trade war that have dominated markets since last week.A Bloomberg report quoting a close ally of President Donald Trump as saying that Trump was open to changes to his proposed tariffs on steel and aluminum was cited by trad...Read More

Some U.S. macro hedge funds thrive with renewed volatility

March 06, 2018 / www.kitco.com

NEW YORK (Reuters) - While February’s stock market sell-off and renewed volatility battered macro hedge funds, some escaped unscathed: Quest Partners’ flagship fund returned 18.9 percent in the year through mid-February for clients that include the pension fund for the New York police and fire departments.“The majority of our clients are trying to add to their positions with us,&...Read More

Trump declines to identify preconditions for North Korea talks, eyes progress

March 06, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump on Tuesday declined to say whether he had any preconditions for talks with North Korea and said there had been progress with the country.“We have come certainly a long way, at least rhetorically, with North Korea,” he told reporters in the Oval Office.“The statements coming out of South Korea and North Korea have been very positive. T...Read More

3 Penny Stocks Surging Today

March 06, 2018 / www.schaeffersresearch.com

It's been a volatile trading day for U.S. stocks, with the major market indexes moving on North Korea denuclearization hopes and rumors of another White House resignation. However, three penny stocks have traded solidly in the black today: biotech Caladrius Biosciences Inc (NASDAQ:CLBS), medical device maker Amedica Corporation (NASDAQ:AMDA), and crude shipping concern Frontline Ltd. (NYSE:FRO).CL...Read More

Mylan Call Options Active After Bullish Brokerage Note

March 06, 2018 / www.schaeffersresearch.com

Mylan N.V. (NASDAQ:MYL) stock is soaring today, up 4.8% to trade at $43.52, after Morgan Stanley upgraded the healthcare name to "overweight" from "equal weight," and issued a price-target hike to $50 from $39. The analyst in coverage views Mylan as the best-positioned U.S. generics company due to solid biotech partnerships and a strong pipeline of new products. The news puts Mylan shares on tr...Read More

Broadway Update on Madison Copper-Gold Porphyry Discovery, Phase III Drilling

March 06, 2018 / bit.ly

Broadway Gold Mining Ltd. (TSXV:BRD) (OTCQB:BDWYF) ("Broadway" or the "Company") is pleased to provide an update on its Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the historic Butte-Anaconda mining region of Montana, USA.Read full newsRead More

Tariff Warning Sends Harley-Davidson Stock Lower

March 06, 2018 / www.schaeffersresearch.com

The U.S. stock market is trading lower today, amid rumors that Trump administration economic adviser Gary Cohn is considering resigning. Among the individual stocks making notable moves are motorcycle king Harley-Davidson Inc (NYSE:HOG), drugmaker Clearside Biomedical Inc (NASDAQ:CLSD), and Chinese lottery operator 500.com Ltd (NYSE:WBAI). Here's what's moving shares of HOG, CLSD, and WBAI. Option...Read More

Warren vows fight as Senate begins debate on Dodd-Frank rewrite

March 06, 2018 / www.kitco.com

WASHINGTON (Reuters) - Democratic Senator Elizabeth Warren promised to fight a U.S. Senate bill easing bank rules introduced following the 2007-2009 global financial crisis as the chamber moved on Tuesday to begin debating the draft bipartisan legislation.Warren, long a consumer advocate, warned customer protections would be eroded as the Senate moved closer to passing the first rewrite of the 201...Read More

House Democrats raise concerns about EPA officials with outside jobs

March 06, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. House Democrats want answers from Environmental Protection Agency chief Scott Pruitt about political appointees in his agency who got special permission to moonlight for outside clients, which they said may compromise their impartiality.Top Democrats on the House Energy and Commerce Committee and its oversight subcommittee said they sent questions to Pruitt on Monday af...Read More

Atac Resources receives positive decision for all-season tote road to the Rackla gold property

March 06, 2018 / www.mining.com

March 5, 2018 - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") is pleased to announce receipt of a joint Decision Document from the Yukon Government (YG) and the First Nation of Na-Cho Nyak Dun (NND) stating that the Company's proposed 65-km, private, all-season tote road to the Tiger Gold Deposit will be allowed to proceed.This represents completion of the Yukon Environmental and Socio...Read More

Atac Resources receives positive decision for all-season tote road to the Rackla gold property

March 06, 2018 / www.mining.com

March 5, 2018 - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") is pleased to announce receipt of a joint Decision Document from the Yukon Government (YG) and the First Nation of Na-Cho Nyak Dun (NND) stating that the Company's proposed 65-km, private, all-season tote road to the Tiger Gold Deposit will be allowed to proceed.This represents completion of the Yukon Environmental and Socio...Read More

EU to call on G20 finmins to keep global economy open, rules-based: draft

March 06, 2018 / www.kitco.com

BRUSSELS (Reuters) - The European Union will call on financial leaders of the world’s 20 biggest economies this month to keep the global economy open, after U.S. plans for tariffs on imports of steel and aluminum created a global outcry.Unlike the punitive tariffs the United States frequently imposes on “dumped” or unfairly subsidized goods from specified countries, President Don...Read More

Missed Rick Rule yesterday at #PDAC2018? Here's our write-up ($):

March 06, 2018 / bit.ly

Healthy few years of M&A could be aheadRead full newsRead More

Gold jumps to one-week tops, around $1330 region

March 06, 2018 / www.fxstreet.com

   •  Renewed USD weakness helps regain positive traction.   •  Risk-on mood fails to stall the bullish momentum. Gold continued gaining positive traction through the early NA session and is currently placed at fresh multi-day tops, in the $1330 region. After yesterday's brief pause, the precious metal built on last week's recovery move from two-mont...Read More

U.S. sees national security risk from Broadcom's Qualcomm deal

March 06, 2018 / www.kitco.com

(Reuters) - A U.S. government national security panel said it identified potential risks that warrant a full investigation of Singapore-based Broadcom Ltd’s (AVGO.O) $117 billion bid for chipmaker Qualcomm Inc (QCOM.O), a senior U.S. Treasury official said in a letter to the companies on Monday.Shares of Qualcomm dipped 3.3 percent on growing investor concern that such government scrutiny, u...Read More

Britain warns Russia over double agent's mysterious illness

March 06, 2018 / www.kitco.com

SALISBURY, England (Reuters) - Britain warned Russia on Tuesday of a robust response if the Kremlin was behind a mysterious illness that has struck down a former double agent convicted of betraying dozens of spies to British intelligence.Foreign Secretary Boris Johnson named Sergei Skripal, once a colonel in Russia’s GRU military intelligence service, and his daughter Yulia as the two people...Read More

Gold, Silver Gain On Declining Dollar, Bargain-Basement Buying

March 06, 2018 / www.kitco.com

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

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