These efforts could lead to resource expansion at its flagship project and thus a stock rerating, an analyst noted. Read on to learn more.Westhaven Gold Corp. (WHN:TSX.V) began 4,000 meters (4,000m) of diamond drilling, the summer-fall phase of its 2024 program, at its flagship Shovelnose gold-silver project in British Columbia (B.C.) to test seven newly identified, high-priority targets, noted a...Read More
2024 Precious Metals Summit Beaver Creek Conference, September 10-13, 2024CHEYENNE, Wyo., Aug. 29, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), a gold exploration and development company, is pleased to announce it will be attending the 2024 Precious Metals Summit (the "Summit") in Beaver Creek, CO being held September 10-13, 2024.The Summi...Read More
Does anybody know what this shape-shifting chimera passed off as "our democracy" actually is? I will tell you. Like everything else in the blobocracy's tool bag these days, it's the opposite of what it appears to mean, namely:You, the demos, give us, officialdom, the power to take whatever we like from you: your savings, your liberty, your stuff, your identity and your posterity because we are t...Read More
LONDON, 29 August 2024 - Comment from BullionVault appears today in the latest gold-price update from leading US financial news site MarketWatch."With inflation falling in [today's] PCE data, "the 'Goldilocks' outlook for a soft landing continues to buoy the stock market," the report quotes Adrian Ash, director of research."Gold traders are also betting on the Fed cutting rates sharply by year's e...Read More
For over two years, I've been warning about the dangers of escalation between the U.S. and Russia over Ukraine.Well, the U.S. and Russia have now climbed another rung on the escalation ladder that could possibly lead to nuclear war.You probably know by now that Ukraine has invaded Russia in force. Up to six Ukrainian brigades totaling between 10,000-15,000 troops with armored personnel carriers an...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the market, and shares why he believes a re-rating is on the immediate horizon for all juniors.As of 8:20 am, the heavily oversold USD Index futures are up 0.43% this morning with 10-yr. (-0.21%) and 30-yr. (-0.43%) yields slightly lower.Gold (-0.78%), silver (-2.36%), and copper (-1.98%) are all lower.Oil is down 1.51%. S...Read More
Mr. Barry Ritholz of the eponymous Ritholtz Wealth Management:We were warned that deficit spending would crowd out private capital, choke off innovation and new company formation; it will send the costs of U.S. borrowing skyrocketing higher, making the debt impossible to manage; force the U.S. dollar to be radically devalued against all other currencies, thereby devastating the U.S. economy; cause...Read More
Technical Analyst Clive Maund shares an update where he explains why now is a great time to buy all things copper.Copper looks ready for its next big runup, which could be massive. It has been performing very well indeed technically, as we can see on its latest 6-month chart below.We turned bullish on it a little early a few weeks back at the time when it was at the Left Shoulder low of what has t...Read More
Last week, Ukraine launched an incursion into Russia proper, in the Kursk region (WWII historians are well aware of Kursk).Previously, Ukraine had not sent large-scale forces across the border into Russia proper.Map of Kursk region, courtesy of BBC.Ukraine sent in as many as six (likely understrength) brigades, supported by tanks and armored vehicles.Let's get real, though: That's not anywhere eno...Read More
Silver Crown Royalties Inc. (SCRI:CBOE) has announced its intention to grant transaction bonuses to certain officers and directors following the companys successful going-public transaction and subsequent listing on the Cboe Canada Inc. exchange. Read about what this move says regarding the company's present and future goals.Silver Crown Royalties Inc. (SCRI:CBOE) has announced its intention to gr...Read More
Michael Ballanger of GGM Advisory Inc. examines the current state of the market to explain where he believes it is headed.USD Index futures are down 0.04% this morning with 10-yr. (+0.89%) and 30-yr. (+0.81%) slightly higher.Silver (+0.05%) and copper (+0.36%) are up, while gold (-0.28%) is modestly lower.Oil is down 0.68%. Stock futures are backing off, with the DJIA down 0.11%, S&P 500 down 0.05...Read More
Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has announced that the core from drill hole MHB-30 has been delivered to ALS Global Services in Elko, Nevada, for analysis. Read what these results could suggest for upcoming projects.Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has announced that the core from drill hole MHB-30, the first hole of its diamond core drilling program at the Majub...Read More
This is a second style of mineralization present at this exploration project in South Dakota, noted a Canaccord Genuity report.Dakota Gold Corp.'s (DC:NYSE American) new drill results from the Unionville zone at its Maitland project in South Dakota revealed "Tertiary bonus intercepts," reported Canaccord Genuity analyst Peter Bell in an Aug. 22 flash update."Dakota benefits from shallow Tertiary-a...Read More
This is one of four key points Hannam & Partners makes about the gold-silver project based on its site visit, the investment bank noted in a report.Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) hosted Hannam & Partners at its Lawyers-Ranch gold-silver project in British Columbia on Aug. 13, and the analysts shared their takeaways in an Aug. 18 research note."We expect the shares to rerate a...Read More
We attended, recently, a large stadium event of several dozen thousand.Signs everywhere informed us that cash was worthless within its walls.Vendors would not take it aboard.If you wished to purchase a frankfurter or any other edible, you could only acquire it through digital means.The stern, dour visage of Abraham Lincoln and the $5 bill he adorns the frankfurter-peddler would not accept.Nor...Read More
SAF Group Managing Partner Brian Paes-Braga has been building companies for the past 10 years. Find out what drew him to Goldshore Resources Inc. (TSXV: GSHR; OTCQB: GSHRF ; FWB: 8X00) and its Moss Gold Project in Ontario.SAF Group Managing Partner Brian Paes-Braga has been involved as founder, chief executive officer, and strategic advisor in more than CA$1 billion in growth equity financings and...Read More
In Beckett's play Waiting for Godot, two tramps, Vladimir and Estragon, spend their time waiting for the titular character. He never arrives.It feels like that with this recession. But according to my friend and colleague Jim Rickards, we're already in one.There's compelling evidence that Jim's correct.But where's the market crash we ordered? That looks like it's never coming. And that's a good th...Read More
The Aug. 5 mini-crash was a potent reminder to investors that stock markets aren't a one-way street.It wasn't the end of the world. Market indexes down 3.0% in a day is a big deal, but it bears no comparison to October 1929 when the stock market fell 21% over two days or October 1987 when the stock market fell 21% in one day.What caused the Aug. 5 mini-crash? There are several suspects. The employ...Read More
For this past-producing operation in Idaho, being advanced toward a restart, "permitting [is] potentially imminent," noted a Cantor Fitzgerald report.In a positive development for Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ), owner of the largest antimony reserve in the U.S., China will begin placing export controls on antimony starting Sept. 15, 2024, reported Cantor Fitzgerald analyst Mike K...Read More