NexGen Energy makes a new discovery, Odin Mining has impressive drill results from Ecuador, and Fission Uranium keeps rolling along. NexGen Energy – (NXE:TSXV) – Positive drill results continue to come in from junior uranium explorer NexGen Energy. News this morning is that drilling 3.7 kilometres away (north-east) from the Rook 1 property has intersected… Continue Reading
A flurry of news releases this morning here are several of my favourites with some additional comments on each. North Arrow Minerals – (NAR:TSXV) – North Arrow along with partner Stornoway has discovered three new kimberlites at the Pikoo diamond project in Saskatchewan. North Arrow has been exploring the Pikoo project since 2013 and can… Continue Reading
Via Penny Mining Stocks, I have been buying Midway Gold (MDW.T) *This is not investment advice. This article is my own thoughts and I could easily be wrong. Please do your own due diligence and talk with a licensed financial advisor before making any investment decision. The author of this article owns Midway stock purchased… Continue Reading
Here are my top news releases from this morning with some additional comments. Dalradian – (DNA:TSX) – Dalradian is a favourite stock of many analysts and newsletter writers as it is a common name mentioned when discussing potential takeover candidates in the gold space. This morning a 20,000 metre drill program commenced at the Curraghinalt gold project in… Continue Reading
A look at some of the top news releases that I found interesting this morning. Red Eagle Mining (RD:TSXV) – Red Eagle is delivering on what they told the market to expect by arranging a $65 million dollar (U.S.) construction financing with Orion Mine Finance. Orion will buy $5 million worth of shares at a price… Continue Reading
Jim Prentice, Premier of Alberta will be making a provincial address live tonight on CTV to discuss Alberta’s financial budget just two days ahead of when the budget will be released. Provincial revenues have been hit hard with the decline in oil from over $100 in June to the current price of ~$47 per barrel. It is estimated… Continue Reading
Here are the companies with news out this morning that caught my eye with some additional comments on each. Atac Resources – (ATC:TSXV) -Atac has announce plans for a phase 1 work program this summer at the Rackla gold project in the Yukon. Phase 1 is estimated at a cost of $3 million US which… Continue Reading
Mexican focused minerals explorer Minaurum Gold (MGG:TSXV) holds a portfolio of prospective gold projects and boasts an accomplished management team. The company plans on drilling what they say is one of the last big undrilled outcrops in the Guerrero Gold Belt. The planned 7500m drill program is still waiting for a Mexican federal environmental permit and then will hopefully… Continue Reading
A look at some of the news releases that caught my eye on Monday morning and my comments. Ivanhoe Mines – (IVN:TSX) – Ivanhoe shares are catching a bid this morning up 18% at press time. China-based Zijin Mining Group will be acquiring a 9.9% stake in Ivanhoe through a private placement at C$1.36 per share. Ivanhoe… Continue Reading
Here are my top news releases for this morning. Mart Resources (MMT:TSX) -Mart is out with positive news this morning that the government of Nigeria has approved the completion of the OML 18 transaction. Mart is a member of a consortium of companies that will acquire 45% of the OML lease with the Nigerian National Petroleum Corp owning… Continue Reading
One of the only publicly traded Canadian companies giving investors exposure to Bitcoin has had some acquisition news out this morning. Newnote Financial (NEU:CSE) has acquired the Canadian based Bitcoin exchange Cointrader.net, as well as the CoinZero point-of-sale system, and ABMs in London and Tokyo for $1.5-million in cash and stock. This latest bitcoin news… Continue Reading
Silver Wheaton (SLW:TSX) the world’s largest precious metals streaming company with a market cap of ~$10 billion is out with Q4 and annual results yesterday evening. I am a big fan of the streaming business and believe it should be a part of every resource investors portfolio. I just got off the live conference call this morning… Continue Reading
Gold prices ended the day up 2.14% to $1172 after the Fed statement was released and a press conference was held with Fed chair Janet Yellen. The bottom line for investors is that the Fed is close to raising interest rates but remains cautious with no specific date yet and lower forecasts for year end.… Continue Reading
A look at some of the headlines this morning that caught my eye and some more details on each. Dynacor Gold Mines (DNG:TSX) – Dynacor Gold has received the final construction permit for a new gold processing plant in Peru. The new plant will have processing capacity of 300 tpd but will be designed so it… Continue Reading
We had the good fortune to follow Exploration Insights editor Brent Cook around the floor at PDAC for a couple of hours two weeks ago. Mr. Cook is one of the leading investment newsletter writers in the junior mining business. As is often the case at PDAC, walking down the isles, attendees get pulled in lots… Continue Reading
