Since our “Some Reason for Optimism in the Gold Miners” post from two weeks ago, the senior gold miners have posted nothing short of a 10% rally: Click to enlarge The most interesting aspect of the recent rally in gold stocks is the fact that the metal itself has lagged considerably behind: Given that we… Continue Reading

Investors seeking a passive way to play the out of favour junior resource sector ought to take a look at Kobex Minerals (TSXV:KXM), a firm with some impressive backers which trades for less than its current cash breakup value. On Friday, Kobex announced intentions for a Change of Business, evolving from a mineral exploration play… Continue Reading

Retired Vancouver Sun white-collar crime reporter, David Baines, who devoted 25 years and 3887 columns to investment related fraud, received an honorary degree from Simon Fraser University yesterday. His advice to the graduates: honesty is black and white. Here is an excerpt from Mr. Baines’ speech: “Over the years, we were able to publicly expose… Continue Reading

By Henry Bonner (hbonner@sprottglobal.com) Founded in 2001, Sprott Inc. went public in 2008 and grew to more than $10 billion in Assets Under Management during the precious metals bull market that peaked in 2012. Today, with the gold and resource sector down over the last three years, Sprott’s AUM stands at approximately $7.7 billion. I… Continue Reading

Resource sector stalwart John Kaiser, editor of Kaiser Research, a subscriber supported publication which analyzes nearly 2000 junior resource companies worldwide, joined Vanessa Collette of Cambridge House Live in Vancouver Monday to discuss his take on the junior markets. Kaiser thinks this summer may be a good time for investors to start bottom fishing out… Continue Reading

Economic geologist Brent Cook, the editor of Exploration Insights, a high value subscriber supported publication focused on junior miners, echoed much of what he said in our interview of a few weeks back when he sat down with Vanessa Collette at the Cambridge House conference in Vancouver the other day. Related: Brent Cook: Why gold miners… Continue Reading

In a surprising announcement, the young and recently announced President of McEwen Mining (MUX:TSX), Ian Ball, announced his retirement from the company effective July 15, 2014.  Not much clarity on the decision was given in the release.  Could this mean tension between Rob McEwen and his protégé or is this the beginning of a new… Continue Reading

By Henry Bonner (hbonner@sprottglobal.com) Read online > Investing is a hard financial world. No matter if you’re investing in stocks, businesses, or gold it’s always going to be hard. You can make it easier by going to a company like Dr Wealth who provides financial education in investing. Finding out about them can really help… Continue Reading

Search Funds finance young professionals to acquire companies from retiring business owners There are 1.38 million small-to-medium sized businesses in Canada with owners over the age of 50, according to data compiled by Deloitte. Many of those entrepreneurs will look to exit their businesses over the coming years. A creative financial model called Search Funds… Continue Reading

Dear CEO.CA Reader, A well-respected colleague and friend of mine, Rick Rule, Chairman of Sprott US Holdings, is hosting the Sprott Vancouver Natural Resource Symposium 2014 on July 22-25 at the Fairmont Hotel Vancouver. Below is some information on his conference, which I strongly recommend that you read more about and consider – if you… Continue Reading

The Toronto Venture Exchange (TSX-V) started 2014 off with a blistering 20% rally which gave way to a shallow pullback since the beginning of March: Click to enlarge Summer seasonality tells us to sell in May and come back in late-August. However, the recent double-bottom at 980 offers a solid downside reference point – a… Continue Reading

There has been a lot of talk about private equity ‘circling’ the mining space, however little has come to fruition. Today we meet a dynamic young financier who has already begun to deploy $375 million in the sector. Michael Scherb is the 32-year-old founder of Appian Capital Advisory LLP, a mining-focused private equity investment firm established in… Continue Reading

The Economist is out with a first class post on Barrick Gold founder Peter Munk. Munk’s tale How a former refugee from the Nazis made and lost several fortunes Apr 19th 2014 | From the print edition YOU can’t be right all the time. In a 1995 profile of Peter Munk, the founder of Barrick Gold,… Continue Reading

The New York-based alternative asset manager, The Lind Partners, have announced a unique strategic partnership with John Hancock (the eldest son of Gina Rinehart of Hancock Prospecting, the largest private company in Australia) in which Mr. Hancock will become a consultant to Lind and advise them on investing in the Australian resource sector.  The team at The Lind… Continue Reading

THE CALANDRA REPORT: Subscribe [PCY | KOL | ANK | DSR | GSV] Coal, thermal coal for our purposes, is fired up. Does not look it, when you scan financial media on this arcane commodity. But it is. Or will be. We’ve been talking thermal coal since TCR’s visit to northern Mongolia — and briefly,… Continue Reading