GCM data by YCharts Shares of Gran Colombia Gold (GCM:TSX) which came under severe pressure last year on the back of a dramatically dropping gold price and questions about their solvency, are up over 127% in February as the street feels the short squeeze. Investors gained confidence in gold and gold equities in the early… Continue Reading
Dr. John-Mark Staude’s prospect generator, Riverside Resources (RRI:TSXV) has signed an agreement with a private Mexican company to acquire a 100% interest in the Cajon gold project with their strategic alliance partner, Hochschild Mining Plc. The Cajon project is located near Goldgroup’s (GGA:TSX) Cerro Colorado mine and Timmins’ (TMM:TSX) San Francisco mine. Recent exploration work… 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
Riverside Resources (RRI:TSXV), the North American focused prospect generator, announced their plans for 2014 this morning. The company highlights the strategic partnerships created in 2013 and how they intend to build on them in 2014 and beyond. During 2013, the company secured two new strategic alliances with Antofagasta and Hochschild for gold and copper prospects… Continue Reading
Haywood Securities’ Chairman, John Tognetti, has added 2.4 million shares to his position in Mirasol Resources (MRZ:TSXV) which brings his total position to over 7.9 million shares or roughly 25% of the company. Mr. Tognetti has been a supporter of Mirasol for a number of years and clearly continues to have his conviction about the… Continue Reading
Dr. John-Mark Staude’s, prospect generator, Riverside Resources (RRI:TSXV) has announced they found a partner in Pembrook Mining (private) to option their Coatan gold project in Mexico. Pembrook will have to pay Riverside $27,460 in cash and incur $1.8 million in expenditures on the project over the next four years to earn an initial 70% interest. Then, to… Continue Reading
Dr. John-Mark Staude’s Riverside Resource (RRI:TSXV), the prospect generator with precious and base metal assets across some of North America’s most prolific mineral belts, announced initial exploration results from their Flute and Lennac projects in BC. The projects were identified as part of a three year alliance with Antofagasta, the Chilean copper giant, which ends… Continue Reading
International Minerals (IMZ:TSX) has agreed to be bought by Peruvian miner, Hochschild Mining (HOC:LN) for CAD$2.46 per share. On top of the cash component, International Minerals shareholders will also receive one common share of Spinco which will hold IMZ’s current portfolio of Nevada assets including the Goldfield and Converse properties. Spinco will also keep the… Continue Reading
