Dr. John-Mark Staude’s prospect generator, Riverside Resources (RRI:TSXV) has signed an agreement with a private Mexican company to acquire a 100% interest in the Cajon gold project with their strategic alliance partner, Hochschild Mining Plc.  The Cajon project is located near Goldgroup’s (GGA:TSX) Cerro Colorado mine and Timmins’ (TMM:TSX) San Francisco mine.  Recent exploration work… Continue Reading

Robert Disbrow, the Vice President of Institutional Sales and Director of Haywood Securities Inc and co-founder of former institutional powerhouse firm First Marathon, is acquiring shares of micro-cap silver-zinc explorer Caracara Silver (CSV:TSXV).  According to filings, Mr. Disbrow has acquired roughly 2 million shares since September 2013 at prices ranging between $0.065 and $0.025 per… Continue Reading

Desert Star Resources (TSXV:DSR) is a junior exploration company being proactive in this market. Last year they picked up six exploration projects in the U.S., each with big potential. Of particular note are their Red Top, Copper King and Copper Springs projects in Arizona, as well as their Oro project in New Mexico. A map of their… Continue Reading

VANCOUVER, CANADA – FRIEND OR FOE, TAKE THE DOUGH… Mark O’Dea’s True Gold Mining has just announced a $36.6-million bought deal financing with RBC Capital Markets of $0.40 units with a half warrant at $0.47 good for six months. Concurrently, Liberty Metals and Mining, True Gold’s largest shareholder, has has elected to exercise their participation… Continue Reading

Colombian E&P company, Canacol Energy (CNE:TSX) released the results of their Mono Arana 2 appraisal well today.  The well is located on the VMM2 block which Canacol holds a 20% working interest in and is operated by 80% holder ExxonMobil.  The Mono Arana 2 well was drilled in the Middle Magdalena Valley of Colombia and… Continue Reading

THE CALANDRA REPORT: Subscribe $91 yearly SIEM REAP, Cambodia — Just touched base here with Bob Neill, newest Angkor Gold board member. Bob is the 33-year-old executive from Medellin who handles much of Grupo de Bullet’s property syndication efforts in Colombia. He is just back from touring a handful of ANK’s properties in Ratanakiri Province.… Continue Reading

The emerging market contagion which began making headlines and roiling markets last week is not well understood and it is not even clear which countries are ground zero for this crisis. What we do know is that Argentina and Venezuela have been forced to officially devalue currencies which were already trading at much lower levels… Continue Reading

Cambridge, England is a university town that hosts a house of higher learning. Cambridge House is a Howe Street abode, a dwelling where hope, fear and greed each have rooms on the same floor (and share a bathroom). And floors and bottoms, of the TSX Venture variety, were something of a theme at this year’s… Continue Reading

I just had a call with my friend John-Mark Staude, CEO of Riverside Resources (TSXV:RRI). John-Mark is such an enthusiastic, fun and positive guy and we laughed about the state of the markets while promoting each other on our latest endeavours. Riverside, for those unaware, has a pretty genius business model for a junior mining… Continue Reading

Coming off a spectacular 2013 which saw the company’s share price increase over 100%, Canacol Energy (CNE:TSX), announced its plan for 2014.  The company expects to spend $150 million in capex this year to grow production by 30-40% to  11,500 and 12,500boe/d.  The company produced 8,796 boe/d (5,827boe/d and 17.2Mscf/d of gas). The production split… Continue Reading

Silver Bull Resources (SVB:TSX) provided investors with a recap of the developments they undertook in 2013 which saw them produce an initial preliminary economic assessment (PEA) at their Sierra Mojada silver-zinc project in Mexico.  They also updated the company with their plans for 2014.  The company will aim to derisk Sierra Mojada through advancing permitting… Continue Reading

Colombian oil and gas junior Petroamerica Oil Corp (TSXV:PTA) is casing the La Guira-2 appraisal well for testing. La-Guira 2 reached its target depth of 12,600 feet and was logged before a decision was made to test the well. Testing will be performed on the Mirador and Gacheta formations, and will commence when a work-over… Continue Reading

Coming just two days after the announcement of a $12 million private placement, Cordoba Minerals (CDB:TSXV) announced this morning that they increased the placement to $15 million to meet demand.  They also announced the financing was now closed.  No overallotment option was given on the financing.  GMP Securities, Dundee and BMO Capital Markets were the co-leads… Continue Reading

In the following article, we offer our forecast for 2014 including five stock picks from each of our analysts. Compare 400+ precious metals stocks with a Free 14-day Trial to Tickerscores.com. 2014 Venture Forecast The TSX-V will be a stock picker’s market in 2014. In this environment, investors should stay cautious and the focus should remain… Continue Reading

A few notes from my friendly conversation with Kitco’s Alex Letourneau yesterday: M&A has been seen as a critical catalyst to get the junior mining sector going so I’m glad Goldcorp’s made a move on Osisko and I agree with the market that Goldcorp will sweeten their bid. The China Gold Stone Mining Development /… Continue Reading