Market darling and favorite among gurus Brent Cook and Rick Rule, Lydian International (LYD:TSX) is taking it on the chin today (down 37% at the time of writing) after announcing that political risk is real. Looks like the Armenian authorities want more information regarding the catchment basin to Lake Seven (Armenia’s largest fresh water resource).… Continue Reading

Visual Capitalist’s Tickerscores, which allows investors to compare precious metals stocks head-to-head, gave 46% of BC Gold & Silver Miners in the development stage a failing grade. Tickerscores uses 20+ variables and rates companies based on financials, management, valuation, recent performance, and project potential. The following infographic displays the highlights for 28 BC development companies. To… Continue Reading

By Lawrence Roulston, Resource Opportunities News that the US Federal Reserve may begin cutting back on Quantitative Easing panicked investors around the world. The mere suggestion that the easy money might be cut back if the economy continues to improve exemplifies how dependent investors have become on what is effectively a government handout. The sharp drop in… Continue Reading

By James Fraser / @MiningStocks Looking through some of the press releases this week on the TSX Venture exchange for mining stocks Wolfpack Gold immediately caught my eye and stood out. The headline on Stockwatch was: Wolfpack cuts salaries, to drop properties I was not 100% familiar with Wolfpack Gold but with the tough times in the junior… Continue Reading

By James Steels / @steelsjh The newsflow (and share price reaction) coming out of Sandstorm Metals and Energy (“SND“) warrants some commentary. Let me be clear upfront – I have been DEAD wrong on the timing on this one. With an average cost of $3.25 per share  initial purchase at $4.00 and a second purchase at $2.50) at… Continue Reading

Bloomberg interviewed Lucara Diamond Corp. CEO William Lamb in Vancouver last week. Mr. Lamb communicated a desire to diversify Lucara’s asset base: “We’re still only a company of one asset. To de-risk you want at least two assets, two producing entities.” He also put a bright spin on falling diamonds prices: “Some companies might put… Continue Reading

Brazilian billionaire promoter Eike Batista regrets using the public markets to finance his activities, he writes in an op-ed to Valor Thursday. “More than anyone, I wonder where I went wrong. What should I have done differently? A first question might be linked to the funding model I chose for the companies. Today, if I could go… Continue Reading

Gold is ripping higher as Asian markets open trading for the week: Click to enlarge While $1300 now becomes support, the $1321 level is of much more significance over the near term as this level is likely to serve as resistance: With bearish sentiment at record extremes and commercials at their most bullish positioning in… Continue Reading

Here’s a promoter’s map of the Western Athabasca Region in Northern Saskatchewan showing Fission/Alpha’s discovery in the middle. Update: Comments from Twitter: @tommyhump Thats the people who paid 2B on map. CIN has a great land position which the mkt will figure out — Cdn Intl Minerals (@CIN_TSXV) July 19, 2013 @tommyhump cut my teeth in… Continue Reading

LIBERTY METALS & Mining Holdings continues to take stakes in emerging gold and metals producers. This one has Karma. The unit of the large insurer, Liberty Mutual, came across my screen about a year ago, when it gave Red Eagle Mining in Colombia (RD in Canada) $8 million in exchange for a net smelter royalty… Continue Reading

Alpha Minerals (TSXV:AMW) shares have been on a tear since last fall when they discovered high grade uranium close to surface at the Patterson Lake South project in the Western Athabasca Region of Saskatchewan and analysts believe this trend will continue over the coming months. Here’s the 12 month chart: Today, the company announced more impressive… Continue Reading

I am fortunate to have a copy of Donald Rumball’s 1996 biography of Canadian business legend Peter Munk, The Making of a Modern Tycoon, on my bookshelf.  The unauthorized account covers Munk’s escape from Nazi occupied Hungary to Canada as a Jewish teenager, where he went on to found Claritone, Canada’s preeminent stereo manufacturer, in 1958. Munk was… Continue Reading

It is rare for an entire sector to be as deeply oversold as the gold miners have been for such an extended period of time. However, such marked underperformance sets the stage for a powerful countertrend rally – even after today’s sizeable gains, gold miners are poised for at least another 15-25% of upside: Click… Continue Reading

Looking at this week’s photographs of a convoy of trucks heading out on the first delivery run of exports of copper and gold concentrate from the Oyu Tolgoi mine, I am reminded that it was almost exactly 12 years ago that Ivanhoe Mines announced the first of a series of five world-class mineral discoveries at… Continue Reading

Octogenarian self styled ‘treasure hunter’ Dave Lowell, who we called Mining’s Greatest Explorer in a January, 2013 short film about the legend, has launched a new copper exploration and development company, Lowell Copper, and subsequently raised $11.4 million in a financing in which we participated (details). The company’s principal asset is the Ricardo project in… Continue Reading