Troilus Gold's most recent drill results at its past-producing Quebec project are discussed in a Stifel GMP report. In a May 15 research note, Stifel GMP analyst Tyron Breytenbach reported that Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) new model of the past-producing Troilus gold project in Quebec "uncovered high-grade gold the base metal miners neglected."Breytenbach reviewed results of Troil...Read More
GoldMining Inc. is making the move to provide additional shareholder value and sees the new royalty company as a complementary platform to its future acquisition and development plans. GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) announced in a news release it created a gold royalty company named Gold Royalty Corp. to "expose existing shareholders to an additional and distinct form of value enhancemen...Read More
That work allows Outcrop Gold to create a predictive high-grade shoot and vein model of the target. Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCMKTS; MRG1:FSE) announced in a news release the final results from its phase 2 drilling of the La Ivana target, now completed, at its Santa Ana project in Colombia.Highlights intercepts of the final two holes included 0.37 meters (0.37m) of 14.15 grams per to...Read More
Nexus Gold's rock sampling showed visible gold with significant grades at the Dakouli II project and it plans to drill this summer. Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) announced in a news release that the mineralization at its Dakouli II 9,800 hectare gold concession in Burkina Faso, West Africa, is widespread, and samples have returned double digit grades.The Vancouver, British Columbia-ba...Read More
Goldcliff Resource believes that Nevada Rand project has "district scale potential to host disseminated bulk tonnage gold deposits along with discreet, very high grade silver/gold sweet spots." In a news release, Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) announced its conclusions from reviewing and analyzing the results of exploration work it did at its Nevada Rand project in the Silver...Read More
This takes the number of stacked, prospective gold host horizons at Liberty Gold's Black Pine project to three. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) discovered a third high-grade oxide gold zone, D-3, at its Black Pine project in Idaho, it announced in a news release. The Vancouver-based company made this discovery in the first results of its 2020 drill program at Black Pine. The new D-3 zon...Read More
Aben Resources plans to start up its 2020 field program in early July at its Forrest Kerr Gold project located in the Golden Triangle region of British Columbia. Aben's Forrest Kerr Gold ProjectGold exploration company Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB), in a news release, provided an update regarding its plans for commencing its 2020 field program at the Forrest Kerr Gold project locat...Read More
Long-term Trend AnalysisSilver faces very heavy overhead resistance from $18 all the way to $21 which means that it is going to be tough going and take significant effort for Silver to reach let alone breach $21. Whilst there is strong support at $16 and $14.5 (ignoring the crash low of $11.64). Therefore as was the case in January the long-term chart continues to warn to expect Silver to mark tim...Read More
Donald Trump appears tohave torn a page from Ahead of the Herd’s manual for recharging the USeconomy. In an earlier article we said what the globaleconomy really needs, in this low-growth, spending-stalled environment broughtabout by the pandemic, is a push - something big that will attract hugeamounts of investment, and workers. As we have suggested, this could be a massiveinfrast...Read More
The economic pressures and concerns within the global marketshave not abated just because the US Fed has ramped up the printing presses.Inversely, the stock market price levels may be elevated based on a falseexpectation of a quick recovery and of future expectations that may be veryunrealistic.In terms of technical analysis, Gold has set up a very interesting sideways basing pattern after recentl...Read More
Stewart Thomson, Graceland Updates 1. With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.2. Please click here now. Double-click to enlarge. The $1800 area is significant resistance and gold arrived at this resistance zone as its weak price season began. 3. Rather than selling of...Read More
Dear Friend of GATA and Gold:Where has market analyst Marin Katusa been for the last 50 years?The question arises because of his commentary posted today at OilPrice.com. It's headlined "The War on Gold Has Begun":https://oilprice.com/Metals/Gold/The-War-On-Gold-Has-Begun.htmlBegun? Huh?Has Katusa never heard of the London Gold Pool of the 1960s, or the gold sales by the United States and Interna...Read More
By: Ira EpsteinGold in an up thrust. Gold at a new high close, highest level since 2012:Read More
Supply is down and is expected to continue declining, which seems somewhat counterintuitive as silver's price has dropped at the same time...by Chris Marcus of Arcadia EconomicsThe latest SLV and ETF silver data is out, and once again, there were significant new (alleged) inflows into the trusts.What's further interesting, is that this is happening at a time when supply is down, and is expected to...Read More
Get up-to-speed from the 1980s to the present day. The unwind will be spectacular...by J. Johnson with Jim Sinclair, Bill Holter and Ted Butler via JS MinesetWe had the privilege to interview Ted Butler this weekend. For those interested in the history of the ongoing silver scam, Ted Butler brings us all the way back to the 1980's up to present day. The unwind will be spectacular!Read More
With COMEX gold getting very near new 2020 highs, concern is growing that COMEX silver is not coming along for the ride... by Craig Hemke via Sprott Money NewsWith COMEX gold getting very near new 2020 highs, concern is growing that COMEX silver is not coming along for the ride. Let's give it a few days and then check back.Let's start with COMEX Digital Gold. Recall that prices surged with the on...Read More
Silver is the better bargain right now, and it's not because of the gold-to-silver ratio, which has zero predictive power...Louis James interviewed on Palisade RadioWe welcome back Louis James founder and CEO of Louis James LLC, and he is the principal analyst and editor of the IndependentSpeculator.com.The recent Robinhood and previous bitcoin craze has demonstrated that young people are interest...Read More
RAPAPORT... An Israeli diamond cutter with 45 years of experience in the trade turned to a surprising source of income when his business floundered due to Covid-19: driving a garbage truck.The story of Atzmon Breitbart might sound more worrying than inspiring. But the 66-year-old says he made the move mainly to avoid sitting idle - and prays he'll be able to return to diamonds when the pandemic is...Read More
RAPAPORT... A 3.01-carat, fancy-vivid-blue diamond ring, carrying a high estimate of $6.3 million was among a number of headline items that failed to find buyers at Sotheby's Geneva auction.Sotheby's withdrew the stone from Tuesday's Magnificent Jewels and Noble Jewels Part II at the request of the consigner, it told Rapaport News Wednesday. The sale, which achieved a total of $12.4 million, was t...Read More
RAPAPORT... The coronavirus cost BlueRock Diamonds GBP 550,000 ($690,000) as sales slumped and the closure of its Kareevlei mine added to its expenses, the company reported Monday.The amount includes an estimated GBP 100,000 ($125,000) of lost revenue, with the weak market forcing the company to withdraw its rough goods from a tender in March, and offer a 15% discount in June, it explained. I...Read More