Based on its recent share price of 10.5c, the latter would account for 9.5 million shares, or 4.1% of the company, with Swick's shares trading at 21c 12 months ago and 27c in August.Regarding the dividend, the payout to shareholders will be 0.3c per share.It will be the first interim dividend paid since 2015.As at December 30, Swick had total assets of $151.7 million (including cash of $12 million...Read More
We learned from Stephen Wilkinson, President and CEO of Blue Star Gold Corp. (TSX-V: BAU; Frankfurt: 5WP), that they are focused exclusively in the Western half of the Northern territory of Nunavut, in Canada, with projects situated inside the Arctic Circle on the Inuit-owned lands. Blue Star owns the highly prospective, 8,015 ha, Hood River gold property that has a number of bonanza-grade gold oc...Read More
Stocks are ripping. They shot up 1,050 points yesterday and are hot out of the gate this morning. They are going up because the coronavirus news is better than what the media's been telling us. Turns out 100,000 people aren't going to die this week.That's great, but in terms of the stock market and the economy, the number of deaths is meaningless. The only thing that matters is perceived earnings...Read More
Share this articleThe Canadian Minister of Public Safety and Emergency Preparedness has deemed exploration and mining essential services during the current COVID-19 outbreak.The list includes:Businesses that ensure global continuity of supply of mining materials and products (e.g. metals such as copper, nickel and gold) and that support supply chains including:Mining operations, production and pro...Read More
By Michael BallangerAs a child, I used to get quite excited at the prospect of having my English "Gran" read me the Hans Christian Andersen book "The Emperor's New Clothes." I found the tale fiendishly amusing, as the charlatan tailor uses lethal doses of flattery and mystery to beguile the poor sovereign into really believing that he is wearing the finest robes ever woven. There is even greater...Read More
1. Gold bullion, the world's "queen of assets", has a majestic upside breakout from a large inverse H&S bull continuation pattern.2. To view the important price action, please click here now. Is this an "all clear" signal for gold stocks and silver too?3. Well, physical metal dealers in Singapore report that silver bullion demand is currently bigger than demand for gold!4. Plea...Read More
By Richard (Rick) Mills2020.04.06 As I write and you read, the world economy is getting pummeled, one blow after another, by demand destruction, as economies grind to a screeching halt due to unprecedented restrictions on economic and social activity owing to the relentless spread of the covid-19 coronavirus. Since the virus began spreading its spiky particles across the globe, starting in the...Read More
By: Gary SavageHuman beings have herd mentalities and that is why we have had these bubbles. When sentiment shifts and politicians react without thought of consequences, it gets the ball rolling and..https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinThinner markets coming up with Easter Holidays, beware. I think there is new buying in metals as governments around the world, with their helicopter money and more, it debases currencies and drives gold bulls:Read More
The latest news and a construction update on Pure Gold Mining's Canadian project are provided in an Echelon Wealth Partners report. In a March 30 research note, Echelon Wealth Partners analyst Ryan Walker reported that Pure Gold Mining Inc. (PGM:TSX.V; PUR:LSE) remains on schedule for first gold production in late 2020 at its Red Lake project in Ontario. "We highlight the potential for the mine t...Read More
For years, many Gold Bugs (investors who’ve been advocatingbuying Gold and Silver at low prices as a hedge against future global economicrisks) were shunned as conspiracy theorists and nuts. How could these peoplebelieve Gold and Silver were solid investments when the Global equities marketswere rallying 5% a year consistently – what could go wrong?Over the past two weeks, I have perso...Read More
The coronavirus wasn't the cause of oil's 70% collapse. This was Let's start by establishing that the stock market is not driven by the news. Aggregate stock prices are driven by waves of optimism and pessimism -- which go from one extreme to another -- as reflected by the Elliott wave model. That's what makes the stock market predictable.Hence, Elliott wave analysis is at the core of EWI's stock...Read More
A surge in coronavirus cases, an expansion ofeconomic lockdowns, and an explosion in unemployment claims hit markets thisweek. But this deluge of bad news didn’tseem to catch investors by surprise. Instead of crashing to new lows, the stock marketheld within a trading range and rallied yesterday following the release of ahorrific jobs report. It’s been a huge week for commo...Read More
By Michael BallangerAs a child, I used to get quite excited at the prospect of having my English "Gran" read me the Hans Christian Andersen book "The Emperor's New Clothes." I found the tale fiendishly amusing, as the charlatan tailor uses lethal doses of flattery and mystery to beguile the poor sovereign into really believing that he is wearing the finest robes ever woven. There is even greater...Read More
1. Gold bullion, the world's "queen of assets", has a majestic upside breakout from a large inverse H&S bull continuation pattern.2. To view the important price action, please click here now. Is this an "all clear" signal for gold stocks and silver too?3. Well, physical metal dealers in Singapore report that silver bullion demand is currently bigger than demand for gold!4. Plea...Read More
By Richard (Rick) Mills2020.04.06 As I write and you read, the world economy is getting pummeled, one blow after another, by demand destruction, as economies grind to a screeching halt due to unprecedented restrictions on economic and social activity owing to the relentless spread of the covid-19 coronavirus. Since the virus began spreading its spiky particles across the globe, starting in the...Read More
By: Gary SavageHuman beings have herd mentalities and that is why we have had these bubbles. When sentiment shifts and politicians react without thought of consequences, it gets the ball rolling and..https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinThinner markets coming up with Easter Holidays, beware. I think there is new buying in metals as governments around the world, with their helicopter money and more, it debases currencies and drives gold bulls:Read More
RAPAPORT... A rough diamond changes hands at least five times before it reaches the cutting wheel, an industry veteran explained to my amazement when I first started writing about the market. A polished stone is traded even more often before being set into a piece of jewelry, he continued.The journey a diamond undergoes from mine to finger is truly a global one. It can be unearthed in Lesotho, sol...Read More
RAPAPORT... The Jewelers Board of Trade (JBT) will issue two parallel credit ratings for companies during the current crisis to reflect the impact of the shutdown on cash flow.The organization's credit reports, which score jewelers' debt history, will include one rating using its usual methods, mirroring the realities of COVID-19, and a second showing the situation before the downturn.The JBT offe...Read More