If you are wondering why there’s a bloodbath in some of the best known junior gold mining names this morning, one of the largest gold stock newsletters in Germany decided to sell everything. Oliver Gross’s Der Rohstoff-Anleger letter is out of the gold market at the urging of his publisher. We are not sure exactly… Continue Reading
Bad news for Petromanas Energy (PMI.tsxv) shareholders this morning, myself included. The company is exploring for oil on shore in Albania’s Berati thrust belt in a joint venture with Royal Dutch Shell, after their first well, Shpirag-2, made a discovery in late 2013. Petromanas has temporarily suspended the Molisht-1 well at 4200 meters depth, which… Continue Reading
Of the talking heads in the gold business, Sprott USA Chairman Rick Rule is perhaps the most direct when it comes to discussing wealth creation, and for that, we at CEO.ca love him. Over the weekend, American investing site, Future Money Trends, published a video of Rule at a secret dinner party introducing Uranium Energy Corp.… Continue Reading
Pure Gold Mining sell-off smells of an opportunity… Few junior mining companies in the world today have an opportunity like Pure Gold Mining (PGM.TSXV), first covered by Lawrence in the July edition of this newsletter. Pure Gold is an approx. $30 million market cap company that owns the historic Madsen mine in the prolific Red… Continue Reading
The general dissatisfaction that accompanies my burning desire to be successful means I often lose sight of the fact that some pretty amazing stuff happens around me. A few weeks ago my friend, entrepreneur Frank Giustra invited me to lunch with the Dalai Lama. As a well known business leader, Frank gets roped into a… Continue Reading
[Sent to Premium Subscribers October 20, 2014] Investors waiting for money to flow into the mining sector may want to consider some alternative trading ideas in the interim. Colombian focused oil producer Petroamerica Oil Corp. (PTA.TSXV) offers a good risk-reward profile at its current valuation. With $65 million cash and $35 million debt, Petroamerica trades at… Continue Reading
Pioneering Yukon mineral and mushroom prospector Shawn Ryan hosted Bob Simon of 60 Minutes recently. The media love Mr. Ryan. He made the cover of New York Times in 2012, and now he’s been immortalized on the most successful TV newsmagazine in history. “The norm is to fail,” Ryan told Simon on prospecting. “If you play one… Continue Reading
At the Subscriber Investment Summit in Vancouver last Thursday, 35 year old Sandstorm Gold CEO Nolan Watson made the case for a new gold standard. “I believe that if you take actual physical gold in a vault and transact it electronically, that will be the first time in my generation that we will have something that… Continue Reading
“Three out of a thousand good looking prospects become mines,” according to Dave Lowell. The octogenarian geologist has discovered 18 ore bodies in his career, likely a world record, including La Escondida, the world’s largest copper mine. In 2013, Lowell founded a new company, Lowell Copper (JDL.v), with the backing of billionaire resource investor Lukas Lundin, to… Continue Reading
An aggressive 8 rig drill program is ongoing at Continental Gold’s Buriticá project in Colombia. Buriticá already contains over 7 million ounces of high grade gold, making it one of the richest deposits not owned by a mid-tier or major mining company. Today Continental announced that ongoing drilling has increased the vertical extent of mineralization by roughly… Continue Reading
According to legend, during the great California and Klondike gold rushes, it was the service providers — those who sold pans and pickaxes — who made the most money, not the miners. Fast-forward to 2014 and the still-rising shale energy boom is moving the United States ever closer to energy independence. This means drilling activity… Continue Reading
Updated at 5:00pm PST. Benjamin Franklin said there were only two things certain in life: death and taxes. In the high stakes mineral exploration business, another sure thing is that your heros are ultimately fallible. I first met Michael Gunning while he was CEO of Hathor Exploration (HAT) in 2011. He gave me a presentation… Continue Reading
Two heartening signs of a buyers market in natural resources include Lundin Mining’s purchase of Candelaria for nearly $2 billion, and Glencore’s posturing for super major Rio Tinto. Lundin and Glencore are entrepreneurial miners with large insider ownership. In the case of Lundin, you have the Lundin Family Trust ponying up for $100 million in… Continue Reading
This Thursday is our first ever Subscriber Summit at Vancouver’s Pan Pacific Hotel (Map). Please note the conference is fully sold out, so we are unable to accommodate any late registrations (Sorry!). Below is the agenda for your reference: 9:30am – 9:50am Keith Schaefer, Oil & Gas Investments Bulletin Introduction to Subscriber Investment Summit: Vancouver 2014 9:50am – 10:00am Canamax… Continue Reading
Plenty to smile about… Vancouver, Canada mining executive Mark O’Dea beat out Endeavour Silver’s Bradford Cooke and Fission Uranium’s Dev Randhawa to win Ernst & Young’s Entrepreneur of the Year Award in the mining category last night. Here’s the BCBusiness story and event photos. While a crippling downturn has crushed the Vancouver mining community in… Continue Reading
