Via Energy and Gold.com: Say what you want about the AAII Sentiment Survey, undoubtedly it’s quite flawed and that’s not a surprise to anyone. However, the survey which came out this morning (which represents how investors were feeling at the end of last week or earlier in this week, coincidentally this was during a stretch… Continue Reading
A look at a few of the mining headlines out this morning with additional comments. Balmoral Resources – (BAR:TSX) – Balmoral has released the final drill results from the 2015 winter drill program at the Bug Lake trend project on the Martiniere project in Quebec. Drill intercepts continue to hit high grade gold highlighted by intercepts… Continue Reading
The team behind Osisko Gold Royalties Ltd. is bringing some much-needed consolidation to Canada’s junior mining sector by arranging a complicated merger of five different companies. The deal brings the five unloved miners together into one entity that is well financed with $65 million of cash, has a well-regarded management team, and has a host… Continue Reading
A look at some of my favourite news releases out this morning. Pretium Resources (PVG:TSX) – Pretium has provided an update on the Brucejack Project in northwestern British Columbia. 2015 plans for the uber high grade project have been released this morning. Pretium has a large land package of over 254,518 acres at Brucejack but the… Continue Reading
The Australian government has done something interesting to reign in excessive foreign speculation in its property market, while simultaneously stoking its struggling junior resource sector, mired in the current commodities downturn. Foreign investors in Australia can qualify for a significant investor visa (SIV) by betting A $5 million on Australia’s economy. The SIV asset mix… Continue Reading
A look at some interesting headlines out this morning with some additional thoughts. Columbus Gold – (CGT:TSXV) – Columbus Gold is expected to start drilling at the Eastside project in Nevada within the week. This will be one of the biggest drilling programs this year by any junior mining company. All bonds and permits have been… Continue Reading
When I was a kid I used to skip school, hide behind my house until my parents left, and then go off to play chess with John Nash. Not THE John Nash, the Nobel Prize winner who also had schizophrenia. But his son, who was a very strong player. We would go over to his… Continue Reading
With the gold price down to $1170 per ounce this morning with positive job numbers out of the United States. I decided this morning to take a quick look at 5 gold producers who are making money at the current gold price. For my quick analysis I looked at the Q1 results of each company… Continue Reading
Many of us are aware that 400 billionaires appear on Forbes’ list of the wealthiest Americans. But if you had to guess what percentage of them is self-made, what would you say? A quarter? A third? Before I give you the answer, let me posit which way Thomas Piketty might lean. If you’re unfamiliar with… Continue Reading
Kaminak Gold – (KAM:TSX) – Kaminak has released drill results from the Kona North and Dolce areas of the Coffee gold project in the Yukon. Kona North is 1km north of the Kona deposit while Dolce is 1.1 km south. The Kona deposit is small and contributed ~26,000 recoverable oxide gold ounces to the Coffee… Continue Reading
Not many exciting press releases out this morning but the following did catch my eye. Torex Gold – (TXG:TO) – Torex’s construction at the large El Limon mine in Mexico is now two-thirds complete. The project remains on schedule for first pour in the fourth quarter of this year. Torex also drew down $50 million… Continue Reading
Via Energy and Gold.com: As John Maynard Keynes famously stated “When the facts change, I change my mind. What do you do, Sir?”. I am very close to changing my mind on the direction of long-term interest rates. The chart of the 10-year US Treasury Note yield shows that a formidable bottoming pattern has been formed… Continue Reading
A look some of the press releases catching my eye this morning. Bear Creek Mining – (BCM:TSXV) – Bear Creek has released an updated feasibility study on the Corani deposit in Southern Peru. Corani is one of the worlds largest silver-zinc-lead deposits and was discovered in 2006. Bear Creek states that the area is mining… Continue Reading
TORONTO – Canada’s initial public offering craze is finally seeping into the mining sector, as TMAC Resources Inc. has launched the sector’s first significant IPO in many months. The Toronto-based company, which is named after its well-known executive chairman Terry MacGibbon, is planning to raise $105 million, according to a preliminary prospectus filed with regulators.… Continue Reading
By Henry Bonner ([email protected]) Read online > Steve Todoruk, a broker at Sprott Global Resource Investments Ltd., has been calling attention to a trend that few investors have noticed in small gold miners. His last note focused on Canada, but this trend has been taking place all around the world. What’s the story? We are… Continue Reading
