CRITICAL UPDATE: Allied Nevada has called into question the credibility of the offer from China Gold Stone Development… ANV data by YCharts China Gold Stone Mining Developments Ltd., which owns three gold mines in China, began a tender offer for all of Allied Nevada’s outstanding shares for $7.50 per share in cash. The move represents… Continue Reading
An edited version of this story was first published in the Globe and Mail. The man who recently left his job as head of Sprott Resource Corp. says he has yet to sell a share in the company. Kevin Bambrough, who exited his role as the chief executive of Sprott Resource Corp., as well as… Continue Reading
“We are still buying a lot of homes in the US for 60 to 70 percent of construction costs, and getting the land for free,” Delavaco Residential Properties Corp. CEO Andy DeFrancesco told me by phone Friday from his Florida office. The ex Canaccord equity trader, 43, has assembled a portfolio of roughly 850 single… Continue Reading
The man at the helm of Molycorp for 15-plus years, who helped to ignite a mania in the rare earths industry just five years ago, has bet big on a niobium project originally discovered by Molycorp. Mark A. Smith has invested over $1.3 million personally for 8.4 percent of NioCorp Developments (TSXV:NB), which owns the… Continue Reading
“By the mid 70’s Elvis had come over his fear of flying and in 1977, just six weeks prior to his death, Elvis agreed to do another television special. At the time, he also received an award for Moody Blue. The following performance is testimony to not only the remarkable strength of Elvis’s voice, but… Continue Reading
The man who was arguably the best performing junior resource fund manager IN THE WORLD from 2007-2013, Kevin Bambrough, Ex-President of Sprott Resource Corp., and President of Sprott Inc., abruptly departed the Sprott Group October 22, 2013 after an 11 year career with the embattled natural resources fund manager. Mr. Bambrough delivered a 150% net… Continue Reading
Frontline, the venerable documentary film brand of the Public Broadcasting Service, aired a one hour special yesterday on the insider trading investigations centred around Stephen A. Cohen’s SAC Capital. The film, which includes the first footage we have ever seen of Cohen, at his 2011 FBI deposition relating to the allegations against his firm, also… Continue Reading
Ari Sussman’s Continental Gold (client and long position) was discussed in this interview with Paul Harris, Editor of the Colombia Gold Report: Paul Harris Has Something to Say About Colombia’s Gold Exploration Sector Excerpt: TGR: How do investors make money in Colombian mining equities or companies with projects in Colombia? PH: Well, Brian, I think you, as… Continue Reading
Come and listen to a story about a man named Jed A poor mountaineer, barely kept his family fed, Then one day he was shootin at some food, And up through the ground came a bubblin crude. Oil that is, black gold, Texas tea. Well the first thing you know ol Jed’s a millionaire, Kinfolk… Continue Reading
Keek.com, a Toronto-based video sharing service with sixty million users users worldwide (15 million of which are active monthly), burst onto the social media scene in 2011, tantalizing private tech sector investors with a billion dollar valuation trajectory. Unfortunately, as Keek maneuvered to grow with an expanding global user base outside of North America and… Continue Reading
Peyto Exploration and Development Corp. (PEY.TO) has been one of the best performing energy names, developing unconventional natural gas in Alberta’s Deep Basin. The company receives a lot of credit from investors, with Hedgeye Risk Management energy analyst Kevin Kaiser chiming in this morning, “It’s one of the most shareholder-friendly management teams in the entire… Continue Reading
Tekoa from Bull Market Thinking has published an interview with the always fascinating anarchist libertarian author, speculator and founder of Casey Research, Doug Casey. Here are Doug’s comments on getting rich, and what he’s up to nowadays. “First thing I’d say is that there’s not a fixed amount of wealth in the world. It grows… Continue Reading
According to Arthur Brooks, President, American Enterprise Institute, six months after winning the lottery and you will be less happy than you were before. Or, six months after doubling your salary and you won’t care anymore. So while you may devote your life to big material goals, the payoff will be short, and the cost… Continue Reading
We speculators love love songs… And after visiting Nashville, Tenn. late last November, I have been enjoying exploring country music immensely. At the funeral service of country legend George Jones in May, 2013, Alan Jackson performed Jones’s hit single, He Stopped Loving Her Today, which is considered among the best country music songs. He Stopped Loving Her Today tells… Continue Reading
Brazil Resources Inc. | Shares Issued: 60,528,829 | Last Close: 12/31/2013 $0.495 Amir Adnani’s Brazil Resources (BRI) has raised $6.4 million by selling 11,650,620 units containing a common share at $.55 and a full 5 year warrant at $.75. Press Release: Brazil Resources Inc. completes oversubscribed $6.4 million private placement The company will use the net proceeds to advance… Continue Reading
