Rick Rule on BNN Market Call (November 12, 2015) Rick Rule, chairman of Sprott Global, made an appearance on BNN Market Call last night discussing precious metals stocks. BNN host Catherine Murray sat in for regular host Mark Bunting. Rule said that weak global demand is the cause of the price slide in many commodities. For investors with… Continue Reading
Detour Gold (DGC.T), the owner of one of Canada’s largest producing mines, released 2014 year end results and guidance for 2015 this morning. Detour is still in the process of trying to increase the milling rate and therefore output at the mine. The stock is up 8% at press time but I believe the majority of that is from… Continue Reading
Detour Gold (DGC.TSX) reported a small loss of $800,000 after the bell today. Gold production for the quarter was 115,334 ounces meeting management expectations. Cash costs came in at $941 per ounce sold which is within the company’s guidance of between $900 and $975 for the year. The asset is one of the best in the gold space… Continue Reading
