Only a few days after receiving the environmental nod from Burkina Faso authorities for one of their deposits and after coming off a late 2013 which included receiving their main environmental permit as well as releasing a robust feasibility study, True Gold (TGM:TSXV) announced this morning that it plans to begin phase 2 construction of… Continue Reading

Ari Sussman’s Continental Gold (client and long position) was discussed in this interview with Paul Harris, Editor of the Colombia Gold Report: Paul Harris Has Something to Say About Colombia’s Gold Exploration Sector Excerpt: TGR: How do investors make money in Colombian mining equities or companies with projects in Colombia? PH: Well, Brian, I think you, as… Continue Reading

There was an interesting article in the Globe today on Tesla that is important to the cobalt market. Long-term investors can catch a ride with Tesla Excerpt (emphasis ours): Think about battery volume alone. Tesla’s goal is to ship 700,000 cars in 2019, which requires a 24-fold growth from production volume last quarter. This would give… Continue Reading

Western Copper and Gold wholly-owned subsidiary, Casino Mining, submits final proposal for Casino Project to Yukon authorities

There was another flash crash in gold futures this morning. I don’t have much to say about it other than it’s the usual chicanery, someone dumped 12,000 contracts at market and the market quickly recovered within 30 seconds. Another sign of a completely broken futures market… A spokesman for the CME group, which runs the… Continue Reading

While many mining companies in Peru have encountered governmental, environmental and social issues, Rio Alto (RIO:TSX) has been able to advance the environmental nod to develop a sulphide copper-gold flotation plant and concentrator to process sulphide ore once the bulk of oxide gold reserves are exhausted from the La Arena phase 1 project.  The company has also… Continue Reading

Dr. Mark O’Dea’s Burkina Faso gold developer, True Gold Mining (TGM:TSXV), received good news this morning from the authorities of the West African nation; the company has been granted the environmental permit for the Kao deposit.  This environmental nod, keeps the company on track for its development timeline for the Karma gold mine.  They now have four of… Continue Reading

Not all metals and sectors have the same catalysts; so, to not miss mining opportunities in 2014, we must understand which metals/minerals will face supply gluts, difficulty financing and a lack of investor interest, and avoid them. On the flip side, we must be aware of exactly which metals/minerals are facing imminent supply deficits, because… Continue Reading

Precious metals saw some very positive technical developments last week: Click to enlarge Gold Daily   Silver Daily Platinum Daily A thoughtful quote from Capital Economics analyst Julian Jessop which we tend to agree with: “The consensus is that the price of gold will grind lower in 2014, at best, as the support from loose… Continue Reading

One year ago the S&P 500 kicked off 2013 with a bang, a large gap higher and a nearly 3% rally: US equities went on to post huge gains in 2013 while gold, and gold miners, fell by the wayside. Oddly enough, GDX’s end of 2013 and beginning of 2014 are eerily reminiscent to the… Continue Reading

Gold miners began 2013 in a nascent downtrend with an extremely bearish candlestick pattern: Click to enlarge The end result was a disastrous 54% decline! Gold mining investors have ample reason to look forward to a much better 2014, including a solid end to 2013, along with a high volume bullish engulfing candlestick on New… Continue Reading

Brazil Resources Inc. | Shares Issued: 60,528,829 | Last Close: 12/31/2013 $0.495 Amir Adnani’s Brazil Resources (BRI) has raised $6.4 million by selling 11,650,620 units containing a common share at $.55 and a full 5 year warrant at $.75. Press Release: Brazil Resources Inc. completes oversubscribed $6.4 million private placement The company will use the net proceeds to advance… Continue Reading

We have selected 3 large cap Canadian stocks as our favorite picks for 2014. While the three had very dissimilar performances in 2013 (CSIQ +800%, CCJ +7%, ABX -49%), We believe all three are poised to post 50%+ gains in 2014: Click to enlarge Barrick Gold (ABX) – Weekly Cameco Corp. (CCJ) – Daily CCJ –… Continue Reading

Fission Uranium (FCU:TSXV) has released assay results from three holes drilled at Patterson Lake South.  The company is excited about PLS13-099 which is the eastern-most hole drilled in the R945E zone and encountered shallow mineralization over several wide intervals including 17m of 3.99% U308 and 3.5m of 18.52% U308.  The highest grade assay in the… Continue Reading

Canada Carbon (TSX-V: CCB), Bruce Duncan’s junior mining company advancing the Miller graphite project 80 km west of Montreal, Quebec, announced today that the company had closed a non-brokered private placement of flow-through units for total proceeds of $178,560. All issued units consisted of a flow-through share at $0.16 and one-half of one non-flow through… Continue Reading