CEO Chat lived up to its slogan – “the investment conference in your pocket” – last night as newsletter writers Brent Cook, Eric Coffin and Gwen Preston shared their thoughts on junior mining projects and companies that are in the news. Geologist Rob McLeod and engineer Tim Oliver also weighed in. Junior resource plays that… Continue Reading
“Doch dyn plicht en lit de lju mar rabje.” (Do your duty, and just let people talk) Late 1943 was a dangerous time to be a German Jew in occupied Europe, but Flora Heinrich was one of the lucky ones. Surviving up until that point meant she had already beaten long odds. November 11, 1938:… Continue Reading
Good morning, investors, a few news releases of note on a quiet-ish day in the markets. Shares of Nevada explorer Nexus Gold are halted pending company news, but they won’t be releasing it until tomorrow, chairman Alex Klenman confirmed in an email. The delay prompted some chatter in CEO Chat, but we’ll see tomorrow. GoldQuest… Continue Reading
Mining cycles are Doug Eaton’s stock in trade, which helps explain why the Strategic Metals CEO is remarkably zen given the state of junior mining markets – and his company’s share price. The veteran Yukon geologist has made a career out of using cycle bottoms to sow the seeds of success before harvesting closer to the… Continue Reading
Following last week’s decision by the Federal Reserve to hold the key rate at near-zero levels, comments by Janet Yellen this week heightened anticipation among investors that a rate hike could finally eventuate in December. This expectation comes after growing criticism from several commentators concerned that communication from the Fed, and Yellen in particular, appears… Continue Reading
Independent mine consultant Tim Oliver described Rubicon Minerals’ Phoenix mine as “toast” in CEO Chat on Oct. 5 and this morning he appeared on BNN to elaborate. Shares of Rubicon Minerals (RMX-T) have been hammered, dropping from $1 to 0.20 in the past month after environmental problems, a temporary shutdown order and finally, Tuesday’s announcement… Continue Reading
It’s been a quiet year for Mark O’Dea’s Pilot Gold (PLG-T) on the Kinsley Mountain front, but this morning the company released an initial resource estimate for the 79% owned Nevada deposit. For all types of mineralization, the company reported a total resource of 405,000 oz indicated at average grades of 2.27 g/t Au, as… Continue Reading
The province of B.C. announced today it has initiated an environmental assessment of IDM Mining’s Red Mountain underground gold project near Stewart in northwestern B.C. IDM submitted the project description to provincial and federal goverment agencies in the summer, following two years of environmental baseline studies covering areas including surface and groundwater quality, hydrology, archeological assessments,… Continue Reading
I’m dating myself here, but when I saw the AuRico Metals news release about drill intercepts at its Kemess East property this morning, I was reminded of Crocodile Dundee’s line when a young punk tried to rob him: “That’s not a knife. THIS is a knife.” The company, a royalty spinoff from the Alamos Gold-Aurico… Continue Reading
A few news releases of note on a fairly quiet Monday morning – it must be the post-Halloween chocolate hangover. Continental Gold (CNL-T) Continental Gold has provided an update on its environmental permitting process, which it is working closely with Colombia’s national government on. Continental now expects to file a revised environmental permit application to… Continue Reading
As a junior mining newsletter writer in the 2000s, Paul van Eeden made shareholders a lot of money with astute, well-reasoned picks. Now he plans to repeat the feat as executive chairman of Synodon (SYD-V), a remote sensing company that uses aerial surveys to detect pipeline leaks. The technology was developed by the Canadian Space… Continue Reading
Good morning, investors. Time to go long baby formula and diapers? Chinese couples will now be allowed to have two children after the country’s Communist leadership lifted a one-child policy instituted in 1980 to address fears of a population boom. The population boom happened anyway but now economic concerns have taken centre stage`. China is facing the… Continue Reading
Fission Uranium CEO Dev Randhawa says he’s determined to fight through both negative market sentiment and the opposition of some retail shareholders who want him to step down after the failed merger with Denison Mines. Randhawa said in a phone interview late this morning that it’s business as usual as he advances and markets Fission’s… 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
Sandstorm Gold (SSL-T) Sandstorm Gold is making a foray into silver and base metals through a blockbuster $152-million streaming agreement with Yamana Gold. The deal, funded through Sandstorm’s line of credit, sees the company pick up: a silver stream on Yamana’s Cerro Moro mine development, including interim silver deliveries between 2016 and 2018 on operating… Continue Reading
