Cauchari-Olaroz project in Argentina. Image courtesy of Lithium Americas Corp Lithium Americas (TSX: LAC, NYSE: LAC) announced Friday that it expects a delay on the construction of its Cauchar?--Olaroz lithium project in Jujuy, Argentina.The company said the construction was set to be completed by the end of 2020, but noted there will be delays of up to 90 days in the delivery time for some equip...Read More
Duluth, Minnesota. Credit: Wikimedia Commons. The Minnesota Section of the Society for Mining, Metallurgy &Exploration (SME) announced Friday the cancellation of the 2020 SME MNConference. The regional conference had been scheduled to be held at the DuluthEntertainment Convention Center April 6-8, 2020. The event was cancelled because of growing concerns about the globalspread of the coronavirus...Read More
Welborn now directly holds 3.Read More
A substantial shareholder notice lodged this morning shows Squadron spent A$9.1 million buying 44.9 million Panoramic shares since the end of January. It gives Squadron an initial 5.Read More
Yesterday, markets suffered their worst day since the Black Monday crash of 1987, as coronavirus panic continued to grip investors, triggering the second trading halt of the week.How bad is it? Seven of the top 10 largest daily point drops in the Dow have occurred over the past three weeks!Dow Jones Largest Daily Point LossesThe CBOE Volatility Index (VIX), used to measure the level of fear, risk,...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 336,29036,75954,064182,948511,252573,302602,075 Change from Prior Reporting Period -29,883-9,681-31,2954,814-17,893-56,364-58,869 Traders 20177796158300183 Small Speculators LongShortOpen Interest 60,16831,395633,470 -2,151354-58,515 non reportable positi...Read More
With the major gold miners' stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic's extreme fear terrifying the markets, it's very important to stay grounded in the gold stocks' underlying fundamentals. Just this week they are finishing reporting their Q4'19 results, which were incredibly impressive thanks to re...Read More
Gary Christenson, The Deviant InvestorStay with me on this... the purpose will become clear soon.Assume (without laughing or crying) that our U.S. senators are honest individuals filled with integrity. Yes, I know, but stay with me...They voted during the impeachment trial for President Donald Trump. They swore to uphold the following oath:"Do you solemnly swear that in all things appertaining t...Read More
Do not look at corona virus news. It will only result in you making a wrong decision. Think long term. Thing strategically and then invest. Do not try to play the T20 cricket game. Hit or miss way of investing will result in more misses or more losses. Invest with a 5 day cricket test match view. A good investment call and you can easily make over hundred percent return before Christmas. Asian n...Read More
In doing so, Novo Resources will consolidate its regional land holdings there and dissolve the joint venture. Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX) announced in a news release it will acquire a 100% interest in exploration licenses E47/1745 (Purdy's Reward) and E47/3443 (47K) in Western Australia from Artemis Resources, thereby eliminating the last Novo-Artemis joint ventures. "Novo now h...Read More
Mako Mining presents the highlights of recent positive drill results. San Albino projectIn a news release, Mako Mining Corp. (MKO:TSX.V; MAKOF:OTCMKTS) announced that drilling in the Las Conchitas area of its San Albino-Murra property in Nicaragua extended near-surface, high-grade gold mineralization. Results are available for 17 holes totaling 1,669 meters (1,669m) and drilled in five zones. Ass...Read More
Divesting of these assets allows Liberty Gold to focus on its core projects. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release it closed two sales.One was the sale of its net profit interest in the Regent Hill property in Nevada to Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB). With the transaction, Liberty received US$800,000 and 2 million purchase warrants for Ely Gold co...Read More
Key points about Equinox Gold are made in a BMO Capital Markets report. In a March 11, 2020, research note, BMO Capital Markets analyst Ryan Thompson reported that coverage of Equinox Gold Corp. (EQX:TSX; EQX:NYSE.A) resumed following a period of research restriction related to its merger with Leagold and was transferred to him. BMO increased its target price on the gold producer, which it rates...Read More
When it comes to our Adaptive Dynamic Learning (ADL) predictive modeling system, we get asked questions from our friends and followers about how it could predict a virus event or how it could predict a price event so far out into the future. The truth of the matter is the ADL predictive modeling system doesn’t predict unknown virus, banking or other types of events. What it does...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 336,29036,75954,064182,948511,252573,302602,075 Change from Prior Reporting Period -29,883-9,681-31,2954,814-17,893-56,364-58,869 Traders 20177796158300183 Small Speculators LongShortOpen Interest 60,16831,395633,470 -2,151354-58,515 non reportable positi...Read More
With the major gold miners' stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic's extreme fear terrifying the markets, it's very important to stay grounded in the gold stocks' underlying fundamentals. Just this week they are finishing reporting their Q4'19 results, which were incredibly impressive thanks to re...Read More
Gary Christenson, The Deviant InvestorStay with me on this... the purpose will become clear soon.Assume (without laughing or crying) that our U.S. senators are honest individuals filled with integrity. Yes, I know, but stay with me...They voted during the impeachment trial for President Donald Trump. They swore to uphold the following oath:"Do you solemnly swear that in all things appertaining t...Read More
Do not look at corona virus news. It will only result in you making a wrong decision. Think long term. Thing strategically and then invest. Do not try to play the T20 cricket game. Hit or miss way of investing will result in more misses or more losses. Invest with a 5 day cricket test match view. A good investment call and you can easily make over hundred percent return before Christmas. Asian n...Read More
SD Friday Wrap: Last weekend was the last normal weekend. Here comes the grave new world, so dig in and hunker down before next week if possible...Editor's Note: These charts were set up before 12:30 p.m. EST and do not reflect price action after that time.*****I don't have a lot of time to write this Friday afternoon.Please accept my apologies in advance.You don't have a lot of time to be reading...Read More
Just days after gold traders, gold investors, and goldbugs thought the sharp decline was nothing more than a bad dream, reality kicked in...by Przemyslaw Radomski via Sunshine ProfitsIn yesterday's analysis, we wrote that the outlook for the precious metals sector remained bearish, and we wrote that if you've been wondering which parts of the precious metals sector are likely to decline the mo...Read More