Income investing has been a staple for decades. In recent years, the dividend-growth strategy has grown in popularity as record-low interest rates make bonds and GICs much less attractive. As a result, several retail investors adopt this investing strategy as a means to build strong and sustainable income. There are two types of dividend-growth stocks: Canadian Dividend Aristocrats and up-and...Read More
The past few years of trade disputes and lumber tariffs might suggest otherwise, but Norbord (TSX:OSB)(NYSE:OSB) could be a big deal. Norbord might not be a growth stock just yet, but the case for a lumber industry breakout is growing steadily stronger.While long-term positions are more favourable to low-risk investors with broad financial horizons, it’s an interesting exercise to peruse sho...Read More
Geoverse offers more reliable and secure wireless connectivity (Stock Image) Geoverse, a provider of private LTE and 5G solutions, has announced that its existing GeoCore network service platform can now support licenced wireless spectrum.This solution combines low-band licenced 600 MHz and 700 MHz spectrum with CBRS (Citizens Broadband Radio Service) to form a high-performance and reliable priv...Read More
View to the south of the historic C-D pit at Liberty Gold's Black Pine gold project in Idaho. Credit: Liberty Gold Reverse-circulation drilling at Liberty Gold's Black Pine project in Idaho has discovered a third zone of oxide gold mineralization - D-3 - underneath the historic drilling boundary.The new zone is currently defined by three holes: two of these, LBP125 and LBP129 are 450 metres apa...Read More
Janice Lake property. Image from Transition Metals Corp Rio Tinto (ASX, LON, NYSE: RIO) has started exploration at Forum's Janice Lake sedimentary copper/silver project in northern Saskatchewan, Canada.The major is earning up to an 80% interest in the project from Forum Energy Metals, which has optioned the property from Transition Metals.Crews have begun construction of the 50 person camp on t...Read More
Simandou deposit, Guinea. (Image courtesy of Rio Tinto.) Chinese steel company Baowu is at the head of a group of steelmakers seeking to develop the massive Simandou iron mine in Guinea, taking over from Aluminum Corp. of China (Chalco) as it seeks to secure supply of the raw material, Caixin Global reported Tuesday.The state-owned giant wants to develop the iron ore mine after acquiring shares...Read More
Image courtesy of Fosterville South Exploration Australia-focused gold miner Fosterville South Exploration (TSXV: FSX) is spinning off two gold projects to create a new company to be listed on the TSX Venture Exchange.On Tuesday, the company's board of directors unanimously approved a spin-out transaction whereby Fosterville will distribute shares of a new company - Leviathan Gold - to its shareh...Read More
The coronavirus hurt gold mining stock Agnico Eagle's production and drove up its costs. But cash flow is healthy and it should earn significant free cash flow in the second half.Agnico Eagle expects its quarterly gold production to return to Q4 2019 levels.Given the COVID-19 pandemic, Agnico's first quarter was challenging. Gold production and unit costs were negatively impacted in March as the c...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 23, 2020With a new tail wind of significant ETF tonnage growth, gold bullion continues to sport the best charts of all the major asset classes.Pleaseclick here now. Double-click to enlarge.The $1800 area is significant resistance and gold arrived at this resistance zone as its weak pr...Read More
The total debt of the company will remain at just under $2 billion, but at a lower average interest rate and longer average due date.Read More
Perenti withdrew its guidance earlier this year, which turned out to be a judicious decision considering a contract for subsidiary Barminco was paused after two months when Panoramic Resources decidedRead More
What team are you on?That's what we've degraded to at this point, isn't it?You're right. They're wrong. There's no in-between.No compromise.Yet, that's not entirely accurate.Nobody on Capitol Hill will admit it, but there's one issue that BOTH sides of the political spectrum can agree on.It's the one thing that has brought those bitter political rivals together. And if they don't pony up trillions...Read More
BlueBird Battery Metals Inc. (TSXV: BATT; US: BBBMF) is a small-cap Canadian junior resource exploration company, currently focused on developing a nickel-based discovery in Western Australia for the electric vehicle battery industry. We learned from Peter Dickie, who is President and CEO of BlueBird Battery Metals, they are busy reviewing the last exploration and drilling program on the Canegrass...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalWhere's the "V?" - Obviously the Fed has injected monetary cocaine into the stock market to make it appear as if stocks are "discounting a "V" economic recovery. But a "V" on Main Street is nowhere to be found (graphic is from Crescat Capital -the comment bubble is my edit):The chart above plots the NY Fed's weekly index of e...Read More
In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fed's Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a coronavirus stimulus bill to purchase as much as 750 billion dollars of corporate credit. Until last week, the Secondary Market Credit F...Read More
Keith Weiner, Monetary MetalsWe are reading now about possible regulations for air travel. In brief: passengers might be forced to spend hours at the airport. Authorities will perform medical checks, including possibly needles to draw blood, no lounges, no food or drink on board the plane, masks required at all times, and even denied the use of a bathroom except by special permission.We would wa...Read More
Factors affecting metals markets 1. There will be position squaring and rebuilding before the Federal Reserve chairman's testimony before the US senate on 30th June. Powell will testify on coronavirus response. 2. Quarter end position squaring and rebuilding is still going on. 3. Trader's dilemma is to choose between economic progress or second wave of coronavirus. This has res...Read More
By: Ira EpsteinGold's taking over to a new record high for several years!Read More
Chris Temple of The National Investor delves into what sets Omineca Mining and Metals apart. I had been familiar with the story and potential of uber micro-cap (a valuation of little more than C$3 million or so for a LONG time!) Omineca Mining and Metals Ltd.'s (OMM:TSX.V; OMMSF:OTCMKTS) for years. But as gold was beginning to percolate and other necessary ingredients came together as last year g...Read More