Our neighbors still haven’t picked the next president. It now seems like the election could be much closer and longer than anticipated, as mail-in ballots continue to be counted for the next few days. Investors hate uncertainty above all else, so this isn’t a good outcome for stocks. If you’re an investor waiting on the sidelines, here are two stocks you can bet on for some...Read More
Anybody watching the North American stock markets lately will have noticed two big electric vehicle takeaways of late. The pullback in EV media darling Tesla (NASDAQ:TSLA) has mirrored the correction in tech stocks. This should not have been the surprise that some analysts have hailed it as. Indeed, EV stocks and tech stocks have seen similar momentum in the past 12 months on the markets.A tight r...Read More
Investors who did not act during the epic coronavirus crash in March could feel that they have missed the bus. The FOMO might dominate, particularly after the recent rally that boosted TSX stocks by 42% in the last seven-odd months. However, the momentum could very well stay. So, if you are sitting on some cash, here are some top TSX stocks with striking upside potential.Streamers versus tradition...Read More
Discovered at a time when De Beers ruled the diamond world with an iron fist wrapped in a red velvet glove, Argyle was in the wrong place at the wrong time with a mix of stones which were of ordinaryRead More
Anything exciting happen last night?Granted, things are a bit more confusing this time as we sit and wait for a decisive result from several key battleground states. Usually, offices and workplaces are buzzing after an election of this magnitude. Depending on the mood, the range of emotions you'll witness is nothing short of extraordinary. Either way, everyone seems to be stuck in the same place,...Read More
Magna Gold continues with mine development and, with the goal of improving future operations and economics, optimization at San Francisco in Sonora. Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) recapped in a news release what it has accomplished at its San Francisco mine in Sonora, Mexico, since acquiring it in May 2020. The company noted that it is on track to achieve full operations there in 2021....Read More
Group Ten Metals also completes its 2020 exploration program at Stillwater West. Stillwater West PGE-Ni-Cu Project - 2019 DrillingIn a news release, Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced high-grade geological mapping and sampling results from its flagship Stillwater West polymetallic project in Montana, as well as results from its just completed 2020 field exploration...Read More
Ely Gold Royalties reported it agreed to purchase private fee ground and mineral interests in the Railroad-Pinion project in Nevada that is currently being developed by Gold Standard Ventures. In a news release, Nevada focused gold royalty company Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE) announced that it has "reached binding agreements with twelve separate individuals to purchas...Read More
The rationale for early buying into Nomad Royalty Company is explained in an iA Securities report. In a Sept. 23 research note, analyst Puneet Singh reported that iA Securities initiated coverage on Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX) with a Buy rating and a CA$2.30 per share target price. In comparison, Nomad is trading at about CA$1.24 per share.Singh explained why Nomad offers a...Read More
In Monday’sanalysis , I wrote that the market situation is likely to becomemore specific right before, during, and perhaps shortly after the U.S. presidentialelections . And by “specific”, I mean that the markets could beginmoving against their previous trends.Well, that’s precisely what we’vewitnessed so far. The overnight volatility is significant as the markets try...Read More
Peter Krauth explains why he believes gold will be the biggest winner in the election.There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's o...Read More
RAPAPORT... The board of the Israel Diamond Institute (IDI) has elected Yoram Dvash for a three-year term as chairman, it said Wednesday.Dvash, who announced he was stepping down as president of the Israel Diamond Exchange (IDE) last week, will succeed Boaz Moldawsky, who resigned a week ago.Although Dvash had planned to focus on his leadership position at the World Federation of Diamond Bourses (...Read More
RAPAPORT... Gail Goldberg will take the helm of the Canadian Jewellers Association (CJA) following the election of the trade body's new board of directors.Goldberg, who will succeed Marco Miserendino as chair, will take over for the 2020-to-2022 term, CJA said Tuesday. The owner of Custom Creations by GG, Goldberg previously served as first vice chair of the CJA board, president of the Jewelers Vi...Read More
RAPAPORT... Pandora has warned that fresh coronavirus-related restrictions could dampen the jeweler's holiday sales and put the brakes on its steady recovery.The Danish retailer has maintained its financial guidance for the year due to market uncertainty, but "the recent lockdowns and potential further Covid-19 escalation represent a clear downside risk," the company said Tuesday.Pandora is r...Read More
(IDEX Online) - Joan Collins, the British stage and screen icon best known as Alexis Carrington Colby in the US 80s soap Dynasty, is selling a selection of her jewels.A necklace featuring over 60 carats of diamonds will lead the auction at Bonham's in London, where it is expected to fetch between $65,000 and $91,000.It has a graduated series of brilliant and marquise-cut diamonds, and a scrol...Read More
(IDEX Online) - Canadian miner Mountain Province Diamonds sold 559,528 carats of rough at the second sale since its Gahcho Kue mine was hit by the lockdown in February.Total proceeds from the tender in Antwerp were $34.3m - an average of $61 per carat, indicating an encouraging recovery in global demand.The figure is significantly higher than its first post-lockdown sale last month, which averaged...Read More
(IDEX Online) - An Indian farm laborer has unearthed a 14.95-carat gem-quality diamond valued at a life-changing $80,000. Lakhan Yadav was washing gravel in Madhya Pradesh district, an area rich in government-licensed artisanal mines.The stone will now be auctioned by the local diamond office and Mr Yadav will receive the proceeds, minus a 12.5 per cent tax.In the same week another farmer, di...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company said this week it had reviewed a third-party term sheet for a US$20-30 million credit facility.It is said to be in discussions with senior lender KfW-IPEX Bank and other potential funding providers, while main shareholder Pala Investments is meeting regular cash calls - but only until the end of the...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 59 points in pre-opening trade. U.S. election results for the Presidency and Senate are too close to call.Index futures were virtually unchanged following release of the U.S. October Trade Deficit at 8:30 AM EDT. Consensus was a deficit of $66.10 billion versus $67.10 billion in September. Actual was a deficit of $63.9...Read More
November 4, 2020 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has closed its previously announced non-brokered private placement of units of the Company for gross proceeds of C$2,000,000 (the “Private Placement“) with Mr. Robert Friedland's controlled affiliate, Newstar Advantage Ltd. Further details are provided in the pr...Read More