After a blistering start to the year we warned readers in March that several solar charts were showing warning signs that all was not well for this sector. As it turned out many solar names would fall 40-50% over the ensuing ten weeks: Click to enlarge CSIQ   GTAT   SCTY Now it appears that… Continue Reading

As reported earlier this morning, Lumina Copper, was halted pending news and most people familiar with the story anticipated that it would announce a take over.  We suspected a Chinese bidder, but also cited First Quantum as a potential buyer and that’s exactly who has stepped up to acquire Ross Beaty’s Argentine copper developer for $470 million in cash… Continue Reading

Australian-listed Highfield Resources (HRF:ASX) received another vote of confidence from their largest shareholder, Owen Hegarty’s EMR Capital.  The Australian-based private equity group (EMR Capital) became a substantial shareholder in the company last year with the hopes of turning a big profit with a series of Spanish potash projects Highfield holds. EMR increased their holdings in… Continue Reading

This morning, Pilot Gold (PLG:TSX) which is best known for a growing series of large-scale copper porphyries in Turkey as well as a ‘Long Canyon lookalike’ in Nevada, has now added a Utah project to its fold.  The company announced this morning, that they have agreed to acquire Cadillac Mining for shares valuing the company… Continue Reading

While B2Gold’s evaluations team has been busy with their purchase of Papillon Resources for $570 million worth of stock, the team at the company’s newest gold mine, Otjikoto, continues to bring the project closer to first gold by year-end. This morning, B2Gold provided investors with the latest drilling results from the high-grade Wolfshag zone which continues to… Continue Reading

Today, Petroamerica Oil (PTA:TSXV) got a vote of confidence for their bid for Suroco Energy (SRN:TSXV).  ISS Proxy Advisory Services published a report recommending Suroco shareholders vote in favour of Petroamerica’s share offer which valued the company at roughly $0.573 per share (or 1.7627 Petroamerica shares for each Suroco).  This was quickly followed up with… Continue Reading

Recently, Larry King interviewed Chaith Kondragunta who is the founder and President of AnalytixInsights Inc. (ALY:TSXV) which is a small company in the big data world.  They have a program called CapitalCube which analyzes thousands of stocks (globally) every day through the use of advanced and complex algorithms to provide users with written research reports based on… Continue Reading

Robert Friedland’s Ivanhoe Mines (IVN:TSX) which has come under pressure recently due to capital concerns and a South African platinum industry that is in severe turmoil, has relieved some pressure today by announcing the closing of their bought-deal financing, exercise of the full greenshoe and closing of a concurrent $25 million private placement with their Executive Chairman.… Continue Reading

West Texas Intermediate Crude Oil (WTI for short) has traded in a narrowing range for the past few months and might be on the verge of a large move higher: Click to enlarge 1. A decisive breakout above $105 from the multi-month ascending triangle would indicated a measured move target of roughly $120/barrel 2. July… Continue Reading

The developer of the Soledad heap leach gold project in California, Golden Queen Mining (GQM:TSX) announced this morning that they have agreed to sell 50% of the project to an insider group for $110 million in cash.  The insider group includes long-time shareholders from the Clay family (East Hill Management LLC) as well as the… Continue Reading

The current low volatility regime across markets is virtually unprecedented. In fact, the last time we experienced anything remotely similar was May 2007, just before the early rumblings of the Global Financial Crisis kicked off a tumultuous summer across global markets. It is fair to say that we are in the midst of a low… Continue Reading

Lawrence Roulston is a geologist and the editor of Resource Opportunities, a subscriber supported publication focused on junior miners. In an interview at the Cambridge House diversified investment conference in Vancouver yesterday, Roulston told his interviewer that the junior mining stock market is going to be low, albeit with quality projects receiving adequate finance, until retail investors… Continue Reading

This is a supreme vote of confidence for the early stage Arrow Discovery made by NexGen Energy. Garrett Ainsworth, who we profiled last year for making the Patterson Lake South uranium discovery, is leaving the spinout company he, his father and Mike Gunning had landed in after being taken out by Fission last year. Related: How… Continue Reading

In a letter directly to Timmins Gold (TMM:TSX) shareholders this morning, Sentry Investments precious metals portfolio manager, Kevin MacLean proposed a slate of six new directors which would replace six of the current eight directors.  Proxy battles are usually a ‘last case scenario’ for unhappy investors due to the costs associated with them. Sentry is… Continue Reading

I came across a few research notes this morning and one in particular stood out to me as being quite symptomatic of the current market environment: So once again analysts are gazing into their crystal ball and coming up with earnings estimates 12-18 months out. This is a fruitless task to say the least, but… Continue Reading