This morning Dalradian Resources Inc. (TSX:DNA), a Toronto, Canada-based junior mining company developing the Curraghinalt gold deposit in Northern Ireland, announced a $12.075 million bought deal financing of $0.70 units with a $0.90 half warrant good for 12 months from the closing date which is anticipated to be Feb 19, 2014. The syndicate of underwriters will be… Continue Reading
Four of the biggest names in commodities finance face-off to discuss the state of the global economy and where stocks are going. Includes Fiore Financial’s Frank Giustra, Sprott’s Rick Rule, US Global Investors’ Frank Holmes and Murray John from Goodman & Company. A must-watch!
“Like venture capital, it’s not about cheap paper, it’s about ‘first mover advantage’, the speed to have the vision and ability to attract talent, money and an outstanding asset… Few people are able to do all three like Frank G [Giustra]. He has the know how and the know who with the energy to make… Continue Reading
I just had a call with my friend John-Mark Staude, CEO of Riverside Resources (TSXV:RRI). John-Mark is such an enthusiastic, fun and positive guy and we laughed about the state of the markets while promoting each other on our latest endeavours. Riverside, for those unaware, has a pretty genius business model for a junior mining… Continue Reading
If you’re in the investment business in Canada, you may be just a little jealous of Deans Knight Capital: it’s a super successful small company with savvy entrepreneur clients and a fun, friendly corporate culture. And if you’re a Deans Knight client, you’re probably a happy camper — the company has produced better than 15%… Continue Reading
After the Vancouver Resource Investment Conference on Monday evening, I somehow found myself in a conversation with mining, energy and movie mogul Frank Giustra and economist John Mauldin and I wanted to share a few of things that I learned listening to the two men discuss a wide range of topics. Giustra said he never had… Continue Reading
Copper and silver mining legend and environmentalist Ross Beaty joined Cambridge House Live at the Vancouver Resource Investment Conference in Vancouver this past Sunday. Beaty is best known for founding Pan American Silver, one of the world’s largest primary silver producers, and the Lumina Copper franchise, one of the most successful copper exploration groups ever,… Continue Reading
Colombian oil and gas junior Petroamerica Oil Corp (TSXV:PTA) is casing the La Guira-2 appraisal well for testing. La-Guira 2 reached its target depth of 12,600 feet and was logged before a decision was made to test the well. Testing will be performed on the Mirador and Gacheta formations, and will commence when a work-over… Continue Reading
Endeavour Mining Corp. | 413,043,293 Shares | $227,174,000 Market Cap | $.415 – $2.34 Year Range | $.55 Last Trade I called Endeavour Mining’s Vancouver office this afternoon for an update from the operator of three African gold mines. SVP of Business Development Doug Reddy returned my voice mail moments later with the following update:… Continue Reading
Today is the one year anniversary of making this video with my brother. I thought it would be a great opportunity to share some of my favourite mining and energy quotes, starting with one from Mr. Lowell, of course: “If there’s anything my career says about me, it’s that I’m very good at being wrong.”… Continue Reading
A few notes from my friendly conversation with Kitco’s Alex Letourneau yesterday: M&A has been seen as a critical catalyst to get the junior mining sector going so I’m glad Goldcorp’s made a move on Osisko and I agree with the market that Goldcorp will sweeten their bid. The China Gold Stone Mining Development /… Continue Reading
Teck Resources (TSX:TCK.B) CEO Don Lindsay made a brilliant comment on BNN Television earlier about long life mining assets. “Whether it’s copper, whether it’s oil, whether it’s zinc, it’s a cyclical business, and you know that you’re going to get all of your money back in 2 or 3 good years. What you don’t know… Continue Reading
NioCorp Developments Ltd. (TSXV:NB) has announced a private placement at 20 cents to raise $10 million. The company’s share price has been on a tear over the past ten days, climbing from $.15 on January 6th, to close at $.275 today. NioCorp CEO Mark Smith was featured in an interview on CEO.CA last week, and… Continue Reading
Encanto Potash (TSXV:EPO) Chairman Gordon Keep anticipates an off-take agreement between his firm and a consortium of India potash importers will be ratified in the first quarter of 2014. Details of the agreement first surfaced in January 2013 and again in June, 2013 on an Indian government Web site, calling for 1.8 to 2 million… Continue Reading
The China Gold Stone Mining Development tender offer for Allied Nevada appears to be bogus. Allied Nevada just put a press release out calling into question the credibility of the offer. Newswires have begun removing the original release from their Web sites following a retraction from China Gold Stone citing a failure to consult counsel… Continue Reading
