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

Ryan Gold Corp. (RYG) added three cents to 14 cents on 925,000 shares. Interim president David Schmidt has moved to vice-president of corporate development so executive chairman Murray John can take over as president. Mr. John is also the president of Corona Gold Corp. (CRG: $0.41) and a director of Dundee Precious Metals Inc. (DPM:… Continue Reading

The Globe and Mail reports in its Tuesday edition that RBC analyst Nathan Piper upgraded Parex Resources ($5.95) to “outperform” from “sector perform.” The Globe’s Darcy Keith writes in the Eye On Equities column that the upgraded came in the wake of Parex posting a cash-flow funded 2014 capital plan that is expected to deliver… Continue Reading

Graham Farquharson of Strathcona Mineral Services tells The Northern Miner why his company made such a stink about Pretium (TSX:PVG)’s resource model and bulk sample test, ultimately resigning from the project. “Farquharson does not believe that Brucejack is a fraud. He does believe the resource model is wrong and that the actual resource at Brucejack… Continue Reading

Rob Pease’s Sabina Gold and Silver (TSX:SBB) is getting hit hard this morning, down over 8% today, and 80% on the year, last at $.57. A few reasons why the stock is falling off: 1) tax loss selling -since the beginning of 2013 SBB has gone from $2.50+ to ~$0.55 (new 52 week low) -investors… Continue Reading

Some of the best value offered in the junior markets come in the form of junior to mid-cap international E&P’s.  These are substantially discounted to their domestic peers.  Petroamerica Oil (PTA:TSXV) is one of these junior international E&P’s.  The company released their third quarter results which highlighted the profitability of this light oil producer.  The company… Continue Reading

Carl Icahn on how he and world famous lawyer, Joseph Jamail, settled the Texaco/Pennzoil lawsuit.  A first hand look from Icahn’s perspective on how they got this original $12 billion deal settled for $3 billion. Read: High-profile attorney won multibillion-dollar settlement in Texaco lawsuit

Lukas Lundin’s Lucara Diamond (LUC:TSX) sold almost $23 million from their third ‘exceptional’ stone tender.  The diamonds were from the company’s Karowe mine in Botswana which has been the backbone of the company’s success this year.  In May of this year, LUC announced their first stone tender which sold 15 stones for gross revenue of… Continue Reading

Over the past year, there has been a quietly growing movement to reduce some of the regulation experienced by venture market participants in order for them to access capital in a more cost efficient manner.  In particular, a small group of brokers have been working with all of the heads of the brokerage firms in… Continue Reading

Although maybe not surprising given the share price performance, the market doesn’t like the fact that Gerald Panneton has resigned as President and CEO of Detour Gold (DGC:TSX) with shares down over 30% at the time of writing.  Given the year-to-date share price performance (down over 80%) and the fact the stock has dramatically underperformed both the… Continue Reading

Canada Carbon (TSX-V: CCB), a Vancouver-based mineral exploration and acquisition firm operating in Ontario and Quebec, released trenching and drilling assay results from their past producing Miller graphite project located in Quebec. According to the news release, results showed that graphite mineralization extended from the surface to a depth of 39 metres. There were untested… Continue Reading

The Rant Thank you Toronto, and other observations Your neighbours to the south will be eternally grateful for your crackpot mayor providing considerably better entertainment value than your mining markets of late. The comic relief is greatly appreciated– keep it coming. The relentless hammering of the junior mining markets and gold price continues despite the… Continue Reading

“Historically gold has been an excellent currency alternative in times of inflation…people that bought gold in anticipation of inflation, some of them have grown impatient,” John Paulson (Founder of Paulson & Co at this year’s Delivering Alpha Conference). Paulson & Co owns over $1 billion worth of the SPDR Gold ETF which represents 5.5% of their $18.5… Continue Reading

According to Bloomberg, Goldman Sachs is trying to find a bidder for their uranium trading unit as the price of uranium continues to fall and regulators start to tighten up on the banks physical trading units.  The Federal Reserves is scrutinizing banks due to lawmakers and regulators concerns that the banks abuse their roles in physical commodities… 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