Calandra: Junior Miners Need Consolidating By Hannah Tool | Index Universe Thom Calandra was co-founder and chief columnist of MarketWatch before it was sold to Dow Jones in 2005. After taking a few years off, he returned with The Calandra Report, a mining-focused newsletter. Calandra spoke to IndexUniverse contributing writer Hannah Tool about the downturn of… Continue Reading

Yesterday, the Honourable Ed Fast, Minister of International Trade, announced that Canada and Albania have finalized negotiations on a foreign investment promotion and protection agreement (FIPA). Minister Fast made the announcement at Albania’s Independence Day reception in Ottawa.  A FIPA is a treaty designed to promote and protect Canadian investment abroad through legally binding provisions… Continue Reading

Anchor Andrew Bell sported an arm sling on his Commodities program on BNN television earlier, citing a cycling accident. The show must go on, however and three CEOs joined Bell this morning to tell their stories. Brian McLachlan, President and CEO of Yoho Resources (TSXV:YO), was the first guest on the program. Yoho are developing oil… Continue Reading

THE CALANDRA REPORT: Subscribe $91 yearly SAN DIEGO — Inovio Pharmaceuticals (INO in USA), a DNA vaccine developer I sidestepped for four years, is having success with a Middle Eastern virus. INO shares are raging today. Inovio’s J, Joseph Kim, via a persistent biz-dev executive, Bernie Hertel, has been on me, professionally, since 2009. Inovio… Continue Reading

Coming off the recent discovery at the Shpirag-2 well, (25% WI with operatorship; Shell 75% non-operator), where they tested flow rates of 1,500-2,200boe/d and hit an 800m oil column; Petromanas (PMI:TSX) announced today they have added international depth to their board of directors by brining on Gen. Wesley K. Clark, U.S. Army (retired).  Gen. Clark retired a four-star… Continue Reading

[audio:https://c03c06.p3cdn1.secureserver.net/wp-content/uploads/2013/11/Mark-ODea-Podcast-Nov-15-2013.mp3] Track record is everything in junior mining. Mark O’Dea took Fronteer Gold from a $1 million shell in 2001 to a diversified mine developer that sold for $2.3 billion to Newmont in 2011. The Vancouver-based, 45-year-old Newfoundland-born geologist also created Aurora Energy in 2006, and sold its Labrador uranium assets for $260 million to… Continue Reading

Highlights: Jewellery: The sector delivered another quarter of solid year-on-year growth as consumers across the globe, encouraged by lower average prices, showed an increasing demand for higher carat pieces. Investment: Demand for bars and coins grew 6% to 304.2 tonnes, with growth mainly coming from Asia and the Middle East, including Turkey. Outflows from ETFs… Continue Reading

Canadian fertilizer producer Potash Corporation (POT) has been flirting with resistance near $33 for the past couple of months. With an open gap up at $37.49 (from the large July gap down on the Russian potash cartel news), the risk/reward is particularly appealing for longs from current levels: Click to enlarge Risk-averse investors can use… Continue Reading

Glenn McNamara’s Petromanas Energy had its heaviest volume day in history Tuesday. Over 59 million PMI shares traded hands, closing at $.13, up 13%, after the company announced positive testing results at their Shpirag-2 well yesterday (Read: Petromanas and Shell strike oil deep in Albania). Petromanas also announced this morning that Heinz J. Scholz and Werner Ladwein have… Continue Reading

On the west coast of British Columbia, onshore LNG terminals and pipelines to feed those terminals have become a media and political hot potato, with environmentalists increasing the instability of these projects which can cost $50-$60 billion.  In Colombia, Pacific Rubiales (PRE:TSX) announced this morning that they have executed a heads of agreement for a… Continue Reading

Seventeen months after the Shpirag-2 well started drilling in Southern Albania, Petromanas Energy (TSXV:PMI) and joint venture partner Royal Dutch Shell have finally released testing results from the $75 million exploration well on Albania’s Blocks 2-3. PMI and Shell announced a discovery at Shpirag-2 today, with flow rates of 1,500 to 2,200 barrels per day… Continue Reading

Armenian gold developer, Lydian International (LYD:TSX) has appeared to be on the mend after a disastrous announcement by the Armenian authorities recently which saw LYD have to completely redesign their mine plan for the Amulsar gold project.  The reason was due to them reclassifying catchment basins for the important Lake Seven which provides fresh water for much of the… Continue Reading

THE CALANDRA REPORT: Subscribe $91 yearly TIBURON, CALIFORNIA — GOLD STANDARD VENTURES shares in Canada and the USA, along with an ancillary listing in Germany, are rising smartly this week. As much as 50 percent in several days for GSV (in Canada and USA and 6AZ in Germany). This is a heady move that is linked… Continue Reading

Economist John Mauldin, whose free email newsletter reaches some 400,000 inboxes, sources tell me, just blasted a tout for “The Next Bakken Discovered?”. For those willing to pay $749 per year for the Casey Energy Report, they can find out just which stock is poised to take advantage, according to Casey’s analyst. The stock in… Continue Reading

Frank Giustra’s Petromanas Energy (TSXV:PMI), an oil and gas exploration company working on a joint venture with Royal Dutch Shell, has provided an update on its Albanian operations. PMI announced that a testing rig is currently being set up at the Shpirag-2 well site. Shpirag-2 was drilled to 5,547 meters in late June. PMI intends to… Continue Reading