One good thing about the recent broad market weakness is it has created many rewarding opportunities for investors. Though markets have remarkably recovered in the last three months, some TSX stocks are still trading below their fair values.Let’s take a look at stocks that are trading below $5 and offer handsome upside potential. Investors should note that low stock prices do not necessarily...Read More
Every market crash teaches us a lesson. And as every crash is different from the others (no matter how similar the consequences), investors can learn something new every time. But the problem is that you can’t prepare against every eventuality.Even if you have substantial resources, you can’t build up a perfect portfolio of assets that are immune to market corrections and downturns.Tha...Read More
Trevali's Santander zinc mine in Peru, 200 km northeast of Lima. (Image courtesy of Trevali Mining) Trevali Mining (TSX: TV) announced Friday that 19 workers at the Santander mine in Peru have tested positive for covid-19. As a result, the company has temporarily suspended operations at the mine and mill to undertake additional on-site testing.Earlier this week, prior to a roster change, 69 worke...Read More
1960 Nu-Klea Starlite Electric RunaboutNu-Klea Automobile Corp. of Lansing, Michigan hoped to get this electric car into production. Drive was to be "D.C. Electric Motors". Power was described as "Battery 36 volts", with "built-in charger". Body: All Plastic, with optional fiberglass cloth or Plexiglass Top. Image: Alden Jewell Car sales are tanking the world over: Europe is likely to experience...Read More
Casting of zinc jumbos. Image from Nyrstar. The Antwerp commercial court has instructed Nyrstar to postpone a general meeting scheduled for June 30 to make a decision on the dissolution of the zinc firm.The move comes after demand from a group of Belgian minority shareholders united around RSQ Investors, arguing lack of transparency on the restructuring of Nyrstar.Geneva-based Trafigura acquired...Read More
Aerial view Cornwall mines. Image by suziedoe from Pixabay . The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) has released its newest report. Guidance for Governments: Improving Legal Frameworks for Environmental and Social Impact Assessment and Management provides IGF member states with a summary of good international practice in legal frameworks for ESIA...Read More
Visible gold from Eastern Gold Zone mineralization at Perron Credit: Amex Exploration. Amex Exploration (TSXV:AMX) has reported multiple drill results from the Eastern Gold Zone on its 100% owned Perron property in northwestern Quebec.Drill hole PE-19-165 intersected 28.97 g/t Au over 5.60 m at a vertical depth of approximately 660 m. This intercept increases the bonanza grade core of the HGZ on...Read More
Champion Iron Limited (TSX: CIA, ASX: CIA), through its subsidiary Qu?(C)bec Iron Ore Inc., owns and operates the high-grade low-cost Bloom Lake Mining Complex, located on the south end of the Labrador Trough in Northern Qu?(C)bec, adjacent to established iron ore producers. Bloom Lake is an open-pit truck and shovel operation, with a concentrator, and it ships iron concentrate from the site by ra...Read More
The bullish sentiment on gold is rapidly growing amid both institutional and retail investors as the number of reported COVID-19 cases increases in the U.S., casting shadows on hopes of a fast economic recovery.With reported coronavirus cases jumping in Southern states, the U.S. set a daily record for the number of new cases yesterday. According to data collected by Johns Hopkins, 40,401 new cases...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort308,45956,50247,555114,410401,702470,424505,759Change from Prior Reporting Period 31,0643,4551,4683,48832,76036,02037,683Traders22560695457305163 Small Speculators LongShortOpen Interest 61,67726,342532,101 6,5184,85542,538 non reportable positionsChange from the previous reporti...Read More
Bob KirtleyIntroductionWe are presently enduring a period of great change due to the Coronavirus which has already cost many lives and inflicted untold damage to the global economy.Alongside the damage caused by this virus the world has also entered a recession having been through an eleven-year period of expansion.To make matters worse many nations are shouldering massive debts raising question...Read More
By: Ira EpsteinGold weekly chart shows $16+ for the week going into Friday. $1785 area still the resistance, will be looking at this..Read More