Via EnergyandGold.com: Yesterday, a Vancouver-based mineral exploration company drilled one of the best holes in the history of uranium exploration. NexGen Energy’s (NXE.TSXV) AR-15-44b resulted in 56.5 meters grading 11.55% including 20 meters at 20.68% U3O8, and shares in the junior company soared 10.45% Monday. The result was widely hailed by the analyst community. Cantor… Continue Reading
A quick look at a few of the mining news releases out this morning that caught my attention with some additional comments on each. Continental Gold – (CNL:TSX) – Continental has released an additional 20 drill results at the Veta Sur and Yaragua vein systems at the Buritica project in Colombia. The plan is to release… Continue Reading
Chance encounters can provide some of the most rewarding opportunities for investors. Rick Rule, Chairman of Sprott US Holdings, recounts how a small mining event led to a career-changing investment. Rick still attends conferences on a regular basis. As he says, you never know who you may meet. With the 2015 Sprott-Stansberry Vancouver Natural Resource… Continue Reading
To make money in this energy market, you have to be innovative and flexible. I warned subscribers earlier this year to prepare themselves for some out-of-the-box investment ideas to make 2015 a very profitable year. In 2012 I did that with refineries. In 2013 I did that with ethanol stocks as traditional upstream E&P stocks… Continue Reading
I recently heard a great story about the safety culture that has permeated the mining industry over the past decade, with probably a bit of overkill within the major miners. At an alleged meeting between 50+ mining execs from each side of Newmont and Barrick in New York City, discussing a possible business combo, the… Continue Reading
A look at some of my favourite news releases out this morning with some brief comments on each. NexGen Energy – (NXE:TSXV) – A huge drill hole out of NexGen Energy this morning as hole AR-15-44b has intersected 68.5 m of 9.56% U3O8 at the Rook 1 project in Saskatchewan. Rook 1 is located in the… Continue Reading
After my dad went into a permanent coma I had to take his car back to the dealership and hand them the keys. They wanted to know what happened and I couldn’t talk. I couldn’t sign papers. I was shaking. I held out the keys and they took them. I walked out. My dad was… Continue Reading
Via Energy and Gold.com: During my twelve years of trading virtually every financial market and instrument imaginable I have learned that the best trades are anticipated and prepared for days, weeks, and sometimes months in advance. Moreover, the best trading setups occur when multiple indicators/factors come into alignment like stars in the sky. Gold has… Continue Reading
A final feasibility study for the Ranger uranium mine in Australia has been cancelled, effectively suspending any future plans for development of Ranger 3 Deeps indefinitely. The news is the latest in what has been a difficult period for uranium miners following the Fukushima disaster in March 2011, which resulted in the shutdown of Japanese… Continue Reading
Canada Zinc Metals – (CZX:TSXV) – Canada Zinc Metals has released plans for the 2015 field season at the Akie project in northeast British Columbia. Field crews are in place and 5000 metres of drilling is expected to take place targeting the Cardiac Creek deposit. The goal of the program is resource growth from the… Continue Reading
Midas Gold is a junior gold explorer that IPO’ed during the summer of 2011 when the gold sector was in a frenzy and investors eagerly bid up gold plays to record valuations. Those days have long since passed; after reaching an all-time high of $4.90/share in January 2012, Midas shares currently sit around .40/share after… Continue Reading
There is so much networking potential at the Subscriber Investment Summits. Case in point: Bitgold (XAU-TSXv). I recently visited Toronto and the buzz on Bay Street was still all Bitgold, a month after the web-based payments and savings platform for gold launched on the TSX-V. Shares in the startup–less than one year old–soared to $8 before retreating. Bitgold… Continue Reading
Solitario Exploration and Royalty Co (SLR:TSX) and Ely Gold (ELY:TSXV) – Waterton has purchased the Mt. Hamilton gold project in Nevada off partners Solitario and Ely Gold for $30 million USD. Solitario owns an 80% interest and will receive $24 million with Ely holding 20% and receiving $6 million. An updated feasibility study was completed… Continue Reading
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
HIGHLIGHTS: Results from the first two holes of the 2015 drilling program at the Shumagin Prospect, located within the 100% owned Unga Gold Project, Alaska The first hole intersected 12.9 metres of mineralization from 60m, beginning with 1.9 metres containing 202 g/t gold and 82 g/t silver The second hole intersected two mineralized zones: The… Continue Reading
