Exactly 4 years ago today silver broke out from a multi-month consolidation: Click to enlarge Silver would go on to nearly triple in price before topping out at $49.82/oz on April 25th, 2011. Notice the thick volume-by-price bar that silver had formed near $18 back in 2010, a similar phenomenon is taking place in silver right… Continue Reading

Well known investor Frank Holmes of US Global Investors took some time to talk to us this week (MP3 Link here), and the ‘always on the go’ dynamo was enlightening on many topics.  For those of you who are unfamiliar with Frank’s company, US Global Investors is a registered investment advisor with a unique expertise… Continue Reading

Don Argus, led BHP for over a decade, growing the company from US$12 billion market capitalization to over US$200 billion with his tenure ending in 2010. On Thursday the market valued BHP at $US189 billion. Mr. Argus became Chairman in 1999 after leaving his post as the CEO of National Australia Bank and oversaw the Billiton merger… Continue Reading

For over a year we’ve been following NexGen Energy’s (NXE:TSXV) potential to discover the next high-grade uranium deposit. Last week, we attended the inaugural analyst site visit at their high-grade uranium discovery called Arrow, at Rook I, the company’s Northwest Saskatchewan project in the Athabasca Basin, home to the world’s richest uranium mines. The project… Continue Reading

Gold futures suffered a sharp fall overnight which broke through a key area of support: Click to enlarge Gold 1-minute (December futures) Gold 4-hour (December futures) Gold now finds itself at a crucial juncture as it tests the bottom rail of the large symmetrical triangle: Gold Daily (December futures) Less than four days after we offered the… Continue Reading

In a unique and creative move, Kaizen Discovery (KZD:TSXV) is hosting a reception in Vancouver that is open to all mineral exploration and development companies with quality assets in the Americas (with a particular focus on Latin America) in the hopes of sourcing new assets. The ‘build it and they will come’ approach. B. Matthew… Continue Reading

Some quality material we are reading this morning: WSJ – “Another Bear Bites the Dust” Advisor Perspectives – “Two Measures of Inflation and Fed Policy” TraderFeed – “Building Your Pyramid of Success” The Reformed Broker – “How can you have euphoria when nobody gives a sh*t?” FT – “Glencore plan $1bn share buyback”

By Henry Bonner (hbonner@sprottglobal.com)   Pierre Lassonde is one of the ‘superstars’ of the resource sector. He co-founded Franco-Nevada, the largest royalty and streaming company in the mining sector. The company was acquired by Newmont Mining in 2002, and then split off in ’07 at a value of $1.2 billion. Its current market cap is… Continue Reading

I woke up to some good news this morning.  As a shareholder of Roxgold (ROG:TSXV) I was pleased to see the news that the company had been granted their Environment and Social Impact Assessment (ESIA) from the Government of Burkina Faso just four months after first applying for it. “Where else can you do that?”… Continue Reading

Invest Northern Ireland, which is a regional business development agency and part of the European Regional Development Fund, has offered Dalradian Resources (DNA:TSX) 326,000 pounds sterling ($590,000) worth of job training support in order to expedite the development of the Curraghinalt gold mine located in Northern Ireland. Patrick F.N. Anderson, Dalradian’s CEO, commented: “Our board,… Continue Reading

At first glance most would probably think that the title of this post is a mistake or a cheap ploy to get page views. The truth is that the charts of Canadian Solar (CSIQ) and gold actually have a lot in common. Compare the monthly chart of gold to the weekly chart of CSIQ and see… Continue Reading

After recently taking over as President at Abitibi Royalties (RZZ:TSXV), Ian Ball announced an odd move this morning; re-releasing previously reported drill results from 2008 on the Malartic CHL property.  The drilling is from the Norrie zone which appears to host bulk-tonnage gold mineralization and was drilled by the former owner, Golden Valley Mines, prior to its… Continue Reading

Some quality material we are reading this morning….. TraderFeed –  “The same price movement in different environments of market psychology can lead to very different forward price paths.” Ryan Detrick – “Why August Volatility Is Normal And Bulls Are Still In Charge” Advisor Perspectives – “Commodities…Time To Catch a Falling Knife?” Bloomberg Businessweek – “Iceland… Continue Reading

There has been a lot of discussion from both Ivanhoe Mines (IVN:TSX) and the investing community about what the best course of action is for the company given the fact they have three world-class assets in their portfolio but are only getting valued as if they had one (if that). This morning, Ivanhoe announced that they have formally… Continue Reading

A series of lower highs/higher lows often leads to the formation of a symmetrical triangle (coil). Such is the case currently with gold which has been coiling for weeks near an important price memory zone near $1300: Click to enlarge Since the April 2013 gold crash the $1300-$1325 area has served as a powerful magnet… Continue Reading