Thursday night the TSX Venture held a town-hall meeting to gather feedback on how best to revitalize the exchange amidst a gruelling bear market for juniors. The topic trended on chat.ceo.ca as a number of our regulars chimed in on the raucous event. In case you missed it, we tagged it#tsxvtownhall on chat.ceo.ca. You’ll find most of the… Continue Reading
Early in 2016, we are witness to a “hard assets” liquidation frenzy, the likes of which have not been seen for many years. The great commodities supercycle that was supposed to accompany the rise of the BRICs (Brazil, Russia, India and China) to economic heavyweight status has turned into a spectacular bust. The rooms once… Continue Reading
“Royalty” – the term touches on the right of kings, as well as a legal claim on revenues or profits. It can also be a great business model, as shown by Franco-Nevada over the past several years. And Franco-Nevada has indeed been royalty in the mining space through a period of shareholder value destruction. The… Continue Reading
During some parts of the market cycle you have to adjust your expectations and ask why you are in the junior mining space. At market bottom is the best time to ask that question, and clearly we are in such a period. So why are you still here? You believe in gold: It is a… Continue Reading
Cyber Monday is over for the year, but bargain prices linger across the TSX Venture Exchange. Prices are low, but where is the best value? One tool that can help investors make money by differentiating between price and value is to watch the insiders. The theory is that people who run a company know more… Continue Reading
Is the financial world coming to an end? I don’t think so, but if you looked at the major metals & mining and steelmaking industries, you would think it was. I remember in 2002 when high-tech was dead and in 2009 when the U.S. real estate market was “never” coming back. 2015 could be that… Continue Reading
I caught up with royalty specialist John Budreski recently for an update on Morien Resources, a small resource royalty play with two long-life assets in Nova Scotia. The shares had recently slumped below 20 cents from a 52-week high of 28 cents, and I took a position. Budreski, Morien’s president and CEO, didn’t seem too… Continue Reading
Via Energy and Gold.com: Noted market technician and fund manager J.C. Parets is a long time friend of CEO.CA and EnergyandGold.com. We had the pleasure of sitting down with J.C. and picking his chart filled brain as to what he’s seeing right now across global markets and asset classes. As is his style, J.C. did… Continue Reading
Second in a series on currency and monetary default by Benjamin Cox The flaw with U.S. debt is that you are really just buying a sovereign currency with a yield. There is no intent to ever repay the debt — at best, there may be an intent to roll it. The assumption is that the… Continue Reading
by CEO.CA on Bay St. Legendary investor and author Jim Rogers urged students to scrap career plans for Wall Street or London’s financial district during a Nov. 4, 2010 speech at Oxford University’s Balliol College (one of his alma maters). He recommended studying agriculture and mining instead. “The power is shifting again from the financial… Continue Reading
Michael Berry of Disruptive Discoveries Journal is out with a good slide deck on macro and metals themes that he presented earlier this month for the Quebec Mineral Exploration Association. Mining investors know the story well – excess supply and insufficient demand have hit commodity prices hard, as well as the energy-reliant Canadian economy. Meanwhile, debt… Continue Reading
Almost exactly 2 years ago, CEO.CA correspondent Jamie Keech interviewed Liberal natural resources critic Geoff Regan about the party’s ideas on natural resources development, the environment, First Nations and more. The Liberal party won a majority of seats in Monday’s federal election and while Prime Minister-elect Justin Trudeau will not name a cabinet until Nov.… Continue Reading
There’s a new promoter on the street and chances are if you met him, you would give him the benefit of the doubt. That’s one of several reasons why I am suspending disbelief and have become slightly excited about his debut deal. Royce Resources, a shell company that trades on the TSX Venture under the… Continue Reading
Via Energy and Gold.com: The Federal Reserve did not hike interest rates today – here are 5 key takeaways from the announcement: The following excerpt from the first paragraph of the Fed statement is a clear signal that China is very much on the Fed’s radar and likely played a significant factor in the decision… Continue Reading
Via Energy and Gold.com: We haven’t seen anything like this in a long time, and perhaps that’s exactly why we are experiencing such a sharp and vicious sell-off across global equity markets. Not even during the 2008-2009 Global Financial Crisis did we see the S&P futures reach limit down before the cash market open, this… Continue Reading
