Petroamerica Oil Corp (C:PTA) Shares Issued 580,798,260 Last Close 6/25/2013 $0.25 Wednesday June 26 2013 – In the News The Globe and Mail reports in its Wednesday, June 26, edition that CIBC World Markets analyst Ian Macqueen has commenced new coverage on Petroamerica Oil with a “sector outperformer” rating and 40-cent target price. The Globe’s… Continue Reading

Frank Giustra-backed Albanian oil explorer Petromanas Energy (TSXV:PMI) was the subject of a Reuters article published last Thursday. Read: Much promise, little joy in Albania’s long search for oil (Reuters) “An oil explorer is like a hunter… He knows that in this region there are wild animals, but he doesn’t kill one every time.” Related: Petromanas amends farm out… Continue Reading

Sprott USA Chairman Rick Rule spoke with INN’s Andrew Topf about fundamentals for a higher uranium price, and Rule characteristically provided profund commentary on the natural resources business. “This industry needs amalgamation more than anything else,” according to Rule. “There’s too much G&A across the whole mining space and combining two companies together and getting rid of one… Continue Reading

After spending several months hammering out a top, US equities entered August 2011 facing a growing number of storm clouds (impending US downgrade, US recession fears, renewed eurozone turmoil). On August 3rd stocks appeared to be in free-fall when a late session rebound back into positive territory gave bulls hope that perhaps the worst was… Continue Reading

NexGen Commences Drilling at Radio Project, Eastern Athabasca Basin, Saskatchewan Related: Read the NexGen backstory in this CEO.CA interview here. NexGen Energy Ltd. (TSX.V:NXE) (“NexGen” or the “Company”) is pleased to announce that it has commenced a 4,000 meter drill program at the Radio property, which is immediately adjacent to, and on trend approximately 2km east from, Rio… Continue Reading

Exploration Insights is a web-based subscription service that serves an international family of investors and speculators (approximately 40% US and 40% Canadian, with the remainder based in ~20 countries scattered across the globe). In addition to communications with our clientele, my research necessitates that I routinely email, Skype, and phone Canada, Serbia, Turkey, Indonesia, Australia,… Continue Reading

Farmers will now be forced to relocate… “The government is hoping the farmers become urban consumers. Villagers typically grow their own food and provide their own energy. If the farmers find work in these new cities, they will buy electricity and use public transportation, purchase televisions and washing machines, and stoke the Chinese economy.” Source: China’s… Continue Reading

There’s a lot going on in the world right now, more than usual. In all seriousness, today’s equity market losses were modest relative to what could go wrong in the various simmering global hot spots. The NSA story is nothing short of HUGE, Turkey is indicative of a much larger feeling of uneasiness coursing throughout the… Continue Reading

“We call it the Pacific effect, because we go to a new area, we enter, and we discover.” Ronald Pantin Venezuelans Find Oil Bonanza in Colombia as Shares Soar | Bloomberg

Mali, West Africa is the third largest gold producer on the African continent. Mali’s world-class mines were discovered in the 1990’s and 2000’s by companies such as BHP, AngloGold Ashanti & Randgold plus a handful of juniors, all of which have had their share prices suffer tremendously in the wake of last year’s military coup.… Continue Reading

2013 has been a challenging year for gold investors and the current macroeconomic environment appears to be highly unfavorable for the yellow metal – gold currently faces its most challenging fundamental backdrop in at least two decades: US 10-year real rates have risen 77 basis points in the last two months US 10-year real rates… Continue Reading

Postings by me will be light this week as I’m in Cartagena, Colombia relaxing. Thanks and catch up Monday May 27, Tommy

To follow the smart money in junior gold stocks is to subscribe to Brent Cook and Quinton Hennigh’s Exploration Insights newsletter. Ten days ago we caught up with Brent and today we’ve got Quinton on the line to tell us about his latest opportunities. Jump to the audio here -> This afternoon’s conversation with Quinton… Continue Reading

In short we’ll be buying gold, mining shares, and US Treasuries on dips all summer long. If we are to presume that the Wall Street Journal’s Jon Hilsenrath is not completely off the reservation, and was in fact prompted by the Fed itself to float a ‘tapering trial balloon’, then we must believe that we… Continue Reading

We caught up with Bob Moriarty, editor of 321GOLD.com this morning on his way to visit the Sierra Mojada silver/zinc project in Mexico (Silver Bull Resources, Inc.). A former American Marine fighter pilot who flew over 800 combat missions, Moriarty is also a veteran precious metals analyst, visiting dozens of mineral projects around the world each… Continue Reading