The last word at Brent Cook’s exploration panel at the Sprott conference last week belonged to geologist Miles Thompson, currently chairman of Resevoir Minerals, developing one of the world’s richest undeveloped copper deposits in Serbia, and is CEO of Lara Exploration, which explores for minerals in Brazil and Peru. Mr. Thompson is someone highly respected by Mr. Cook,… Continue Reading
Reservoir Minerals (TSXV:RMC), which has been one of the best performing mineral exploration stories of recent years, climbing 1000+% since 2012 following successful exploration results at its Timok project in Eastern Serbia, may have gotten ahead of itself, according to PI Financial’s Digging Through The Dirt Newsletter. The authors are Bill Whitehead, 56, Senior Vice President,… Continue Reading
After the close yesterday, Reservoir Minerals (RMC:TSXV) released assay results for five drill holes from the Timok project (joint venture with Freeport McMoran). Two of the five holes intersected high-grade copper-gold mineralization in the high-sulphidation epithermal zone in the Cukaru Peki target. The highlight was drill hole FMTC 1341 which intersected a massive, 166 metres (from 557.0… Continue Reading
Source: Karen Roche of The Gold Report (9/18/13) Many mining companies find themselves in a high-grading dilemma, according to Brent Cook, publisher of Exploration Insights. As companies deplete higher grade reserves, they have to acquire new deposits. But unless you are a geologist, don’t look to NI 43-101s to always give you reliable information about the quality of a… Continue Reading
Two weeks ago Sprott USA Chairman Rick Rule said: “This is the first time since 1992 that I’ve seen high-quality gold development assets reasonably and cheaply available in the market…” With the summer doldrums fast approaching what is a resource investor to do? While many will head off on vacation and try to avoid looking at… Continue Reading
Rick Rule rules the junior resource world with his checkbook. The acclaimed speculator has been financing mining and energy companies for nearly forty years and has the big scores and scars to prove it. From his perch as chairman of Sprott USA, the world’s best known natural resources & precious metals focused investment firm, Rule… Continue Reading
Source: “Junior Venture Exchange Needs Cleansing” says Rick Rule of Sprott Global Resource Investments. Small Cap Power Q: The Canadian junior market and the resource juniors continue to struggle as investors shy away from them despite the TSX and Dow Jones trading at very good levels. When do you see the junior markets starting to perform again?… Continue Reading
