I used to jokingly characterize Canadian Juniors as three geologists with a mail drop in Vancouver. One is too old to travel, one is drilling in the jungle and the third is somewhere raising money. If that was ever correct, it is not correct today. A random selection of 21 out of 1180 companies listed… Continue Reading
A look at a few mining press releases that caught my eye to start the week and a few additional comments on each. First Majestic Silver (FR:TSX) and SilverCrest Mines (SVL:TSX) – First Majestic Silver has announced a definitive agreement to acquire SilverCrest Mines. SilverCrest shareholders have been offered 0.2769 of a common share of First… Continue Reading
With Greece now likely to stay in the European Union for the time being, market focus shifted to a more ‘risk on’ appetite with investors now ensconced in quarterly reporting. Newly released macro data from various Eurozone countries show signs of growth, but lower than estimated jobless claims in the US further highlighting the market’s… Continue Reading
Canadian stocks are priced in real-time based on investor interpretation of all publicly available information. Investors can and should apprise themselves of important information about the companies they own (including through brokers) by reading relevant www.SEDAR.com filings for a balanced description of the business, financial statements and even management compensation details. Investors should also keep… Continue Reading
A look at a few of the mining press releases out this morning that caught my eye with some additional comments. B2Gold – (BTO:TSX) -B2Gold is out with second quarter production results of 121,566 ounces. BTO is one of he fastest growing mid tier producers and hopes to grow production from 380,000 in 2014 to… Continue Reading
Vancouver’s junior mining community is mourning the loss of Ryan Fletcher, the 31 year old co-founder, director and interim CFO at Montan Mining, and a former director of Zimtu Capital. Mr. Fletcher was remembered by friends and business partners in CEO.CA chat yesterday evening, with especially moving comments from Montan co-founder Luis Zapata. “Ryan was… Continue Reading
A slow day for mining news as commodity related stocks continue to sell off. Today I take a look at the news from Klondex Mines and Platinum Group Metals. Klondex Mines – (KDX:TSX) – Klondex Mines has released 2nd quarter production results this morning. The Midas Mine and the Fire Creek project in Nevada combined… Continue Reading
Red Eagle Mining (TSXV:RD) has been a junior miner on a mission over the past year, raising roughly its market cap in equity and triple that in debt to build the fully permitted and now fully funded Santa Rosa gold mine in Colombia. To quickly review the company’s to-do-list this past year, Red Eagle published… Continue Reading
A look at a few of the mining headlines that caught my eye this morning with some additional comments on each. Torex Gold – (TXG:TSX) – Torex is out this morning with a new PEA on the Media Luna project in southwest Mexico. Also included in the news release was an updated 43-101 resource estimate… Continue Reading
Via Energy and Gold.com: “Is this it for gold?” is the question many are asking themselves this morning. With the yellow metal falling $50/oz in a matter of minutes Sunday night one has to wonder if the coffin is closing for the long-term gold bull market or are we rapidly nearing a bottom in what has… Continue Reading
“In our business, you make it taking shots.” Ron Netolitzky, 2014 Canadian Mining Hall of Fame inductee Prospector Ron Netolitzky found his footing exploring for uranium in the northern Saskatchewan muskeg while oil patch consulting on the side, but it was in the mountains of northwestern British Columbia that he found his fortune. In the… Continue Reading
Gold has broken down overnight after hitting a low of $1080 on a large $2.7 billion sell order. Gold is last trading at $1107 per ounce. Here is a look at a few of the mining releases out this morning with my comments on each. Royal Gold (RGL:TSX) and New Gold (NGD:TSX) – Royal Gold… Continue Reading
In this interview Alexander Smith makes a trip up to Dawson City, Yukon to explore Klondike Gold’s (KG:TSXV) projects with the company’s President and CEO, Peter Tallman. Peter takes Alex and the Pinnacle Digest crew on a tour of the company’s Lonestar and Dominion projects. The history of the Klondike and Klondike Gold’s projects are… Continue Reading
Haywood Securities Inc. is one of Canada’s leading independent investment firms, with deep expertise in the early stage mining, energy and technology sectors. Each week, Haywood’s Mining Team publishes the Weekly Dig, which covers the mining news week that was. This week, the following companies are mentioned: $NXE $CS $EDR $FVI $LSG $MND $SVL $AKG $KDX $TGM… Continue Reading
I’m going to run through a few seemingly unrelated facts here fairly quickly, but the message is: the North American energy market is so opaque right now—because fundamentals are changing so fast—that my #1 2015 credo—SMALL POSITIONS—still holds true. And be prepared to change your mind in a hurry. This is the chart that is… Continue Reading
