New friendly offer trumps Goldcorp by 11%. Osisko unveils $3.9-billion deal with Yamana Gold, Agnico Eagle. Globe and Mail If this isn’t a sign of the bottom in junior resource stocks, we don’t know what is. BlackRock shuts Evy Hambro’s small-cap mining fund. Citiwire James Kwantes with the latest on Pretivm. Mining executive Bob Quartermain goes for gold… Continue Reading

Yamana Poised to Prevail in Fight for Osisko. Bloomberg “The long-term production of some of those oil-rich wells may be overstated.” Old Math Casts Doubt on Accuracy of Oil Reserve Estimates. Bloomberg Recent gains in junior resource stocks will need to be consolidated, Sprott Chairman Rick Rule tells Eric King. A full on bull market for the sector… Continue Reading

“Investors in most Canadian provinces are likely to start getting pitches from companies to buy a little more of stocks they already hold.” Boyd Erman: Regulators approve easier way for companies to sell stock (Globe and Mail / Streetwise subscribers only) Uranium / Athabasca Basin “Among the most technically challenging mining projects in the world” Cameco’s Cigar… Continue Reading

Monday Petronova, Pacific Rubiales Farm In Worth Another Look – Black Spruce Merchant’s Sonny Mottahed Mining tycoon Ross Beaty is back and he’s funding gold exploration in Brazil Tuesday NexGen Energy Announces $10 Million Bought Deal The power of family and service to community Wednesday LX-Ventures CEO Mike Edwards determined to move share price, limit… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced further results from their $6.95 million, 44 hole, 11,000m drill and ground geophysics program at their Patterson Lake South (PLS) deposit in the Athabasca Basin of Saskatchewan.  The companies announced drilling results including hole PLS13-080 which encountered 13.41m composite off-scale mineralization including 7.6m of continuous off-scale mineralization.  This… Continue Reading

Capstone Mining (CS:TSX) announced today that it would acquire the right to earn up to 70% of the Project Providencia from Sociedad Quimica y Mineral de Chila S.A. (SQM).  The property is somewhat strategic in that it sits approximately halfway between Capstone’s Santo Domingo Project and Anglo American’s Mantos Blancos copper mine. SQM is a… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced the results of an additional four drill holes from their Patterson Lake South Deposit (50/50 Joint Venture) in the Athabasca region of Saskatchewan.  The two are in the process of completing a $6.95 million, 11,000m drill and ground geophysics program on the project.  Drilling highlights included 18.5m… Continue Reading

Paladin Energy (PDN:TSX), which was halted yesterday, resumed trading today after announcing it was cancelling the sale of a minority interest in the Langer Heinrich Mine in Namibia and is instead going to issue 15% of its outstanding share capital at a 30% discount to the market.  Needless to say, the market isn’t happy, with shares down… Continue Reading

Canacol Energy (CNE:TSX) provided production results from its wells in Colombia and Ecuador.  CNE’s total corporate production in July averaged 10,120 boepd, of which 7,027 bopd was crude oil with another 3,093 boepd of gas.  Month over month growth in total corporate production was 17.5% (8,616 boepd in May and June) and 22% (5,794 bopd)… Continue Reading

Last day here… Danng, stock moving nicely. #dyodd Canamex Resources shares jump on Nevada gold find. Reuters GoldQuest (GQC : TSX) – Intersects 159 M Grading 4.5 g/t Au and 1% Copper. MarketWatch Goldman chief Blankfein: Investing in America produces the best return. Politico Euro Wastes no Time with Bernanke’s Silence. Ashraf Laidi Why it sucks to… Continue Reading

Notable Libertarian Venture Capitalist Peter Thiel Tells Off Google Chairman Eric Schmidt, says the company has no idea how to invest its money. CNNMoney via KB Wealth effect: How we’ll feel impact of lower commodity prices. Globe and Mail My young friend Brian Wong (who gave me some of the best advice I ever received in 2009… Continue Reading

Gross Says U.S. Nearing Recession as BlackRock Sees Fed Step. Bloomberg Bernanke Ready to “Throw in the Towel on Inflation”: Jim Rickards. Yahoo Finance Europe Is Over. Now It’s All About The US. Business Insider Stock Buybacks that Wasted Investor Money. CNBC Questioning Peter Munk’s influence at Barrick Gold. (Journalist to expect beehive via Fedex… Continue Reading