Gold rallied less than 1% today, meanwhile, the GDXJ (Market Vectors Junior Gold Miners ETF) gained 3.68% closing at session highs. Every day we hear a lot about how “stocks are the only place to be invested”, as gold and other “uncorrelated assets” have suddenly lost favor among investors. However, there has been no greater… Continue Reading

TORONTO — Ivanplats Robert Friedland needs no introduction. For one, he is North America’s greatest mining showman. Second, he is almost surely a billionaire. Third, he is a miner’s mining exec. “He knows his metals, and his black box works,” platinum prospector and Ivanplats board member William Hayden told me the other day over fizzy… Continue Reading

I was able to reconnect for an interview with legendary Quantum Fund manager and commodities bull, Jim Rogers. Jim shared thoughts on the fundamentals of agriculture and mining after ten years of being in a bull market, and further spoke to the “artificial boom” going on in the equities market. Additionally, he commented on the biggest challenge facing… Continue Reading

Early in 2013, the BC Securities Commission moved to ban unlicensed finders from accepting fees as a result of introducing accredited investors to private placements. The BCSC concluded that approximately 1% of capital raised would be impacted by the decision. However on February 28, 2013, TSX Venture Exchange President John McCoach wrote in a letter to… Continue Reading

Daniela Cambone of Kitco News talks with Nolan Watson of Sandstorm Gold at last week’s PDAC conference in Toronto. Of note Watson is very bullish on his recent Entree Gold transaction, saying it could go down as the best streaming deal in history. He is moderately bearish on gold for the next 18 months, saying… Continue Reading

Vanity Fair is out with a new long form profile of billionaire hedge-fund manager Bill Ackman. The Big Short War | Vanity Fair

Petroamerica Oil Corp’s recent pullback is the entry opportunity that investors have been waiting for – the next leg higher will likely bring PTA shares above .60: Let’s go to the charts: The fundamental story speaks for itself. PTA is currently producing over 4500 bopd with netbacks over $70 per barrel, meaning the company is trading… Continue Reading

“This will have been the best buying opportunity in the entire bull market cycle,” Rick Rule told King World News in an audio interview published today. Rule said he has his personal check book out, “aggressively speculating” on quality junior companies through private placements offering long term warrants (*Editors note, Mr. Rule told us he wants 5… Continue Reading

In Palm Springs last Sunday, Mercenary Geologist Mickey Fulp told California Resource Investment Conference attendees, “A large exploration discovery in a relatively unknown terrain” is what’s needed to kick off this market. Sprott Global Chairman and panel emcee Rick Rule added, “What this market needs is a very large discovery that I own the hell out of.” All… Continue Reading

Two weeks ago an investor friend phoned me up and asked “Should I dump my shares of Luna Gold? I’m worried about gold and all my other stocks are down…..”. I pulled up the LGC chart and was quickly impressed by the relative strength and large recent consolidation between $3.00 and $3.50. Instead of advising… Continue Reading

There are those who work all day; those who dream all day, and those who spend an hour dreaming before getting to work to fulfill those dreams. “Go into the third category,” his father said, “because there’s virtually no competition.” Source

A look at the personality of one of America’s private equity pioneers, the late billionaire Teddy Forstmann. Read: The Ghost in the Gulfstream | By: Rich Cohen, Vanity Fair

With the market the way it is right now, some junior exploration companies are simply not going to survive. Since most of them are in Vancouver, we thought the city’s commercial real estate might offer some insight into which ones will. We spoke with one Downtown Landlord about their experiences with resource companies as tenants.… Continue Reading

After 20 years of occupying one of the most influential positions in the global wireless industry, Jim Balsillie has decided to step down. Unable to align himself with the new image CEO Thorston Heins has projected for Blackberry, Balsillie dumped his remaining 5.1% stake and vacated his position as Head Chairman, in what can only… Continue Reading

No-rail advantage puts Oceanic’s Hopes Advance project before Asian steelmakers for potential partnership. Iron ore is the key ingredient used to make steel. The majority of the seaborne trade, that is, iron to be shipped to other countries, goes to China. An oligopoly exists today whereby China is forced to rely on Big 3 producers… Continue Reading