A look at my top news releases out this morning with some additional comments. Pacific Rubiales – (PRE:TSX) – The bleeding has ended for long term Pacific Rubiales holders this morning as the company has received a takeover offer from ALFA SAB de CV and Harbour Energy Ltd. for $6.50 per share. ALFA currently holds 59,897,800… Continue Reading
By Nathan Weiss and Keith Schaefer Where is all the oil coming from? Oil inventories continue to surge, but U.S. production has flatlined for weeks—even months. I mean really—look at these simple facts that have been staring the Market in the face for months: Year-to-date (YTD) production in 2015 in the U.S. is only 160,000… Continue Reading
When North Americans wake up to the dangers of relying on China and Russia for essential metals like zinc, rare earths, antimony, niobium and scandium, the juniors now suffering with anemic stock prices could turn into cash producing machines worth writing home to mom about. In this frank assessment of everything from gold and diamonds… Continue Reading
Via Energy and Gold.com: Famed bond fund manager Jeffrey Gundlach gave a presentation at the New York Yacht Club today in which he reiterated a $1,400 target for gold by year end. From what I gather Gundlach has two primary tenets to his bullish gold thesis: Negative interest rates in Europe will make gold very… Continue Reading
“I hate everyone I work with,” I told my astrologer / therapist. “I feel like everything I say is fake just so people can like me.” I had clients calling me at 4 in the morning asking for advice. Then they would forget to pay their bills. Years later I was calling new clients in… Continue Reading
A nice little bump in gold this morning to 1197 in early trading. Here are my favourite news releases out this morning with some additional comments on each. Taseko – (TKO:TSX) – Taseko a copper/moly producer located in British Colombia is out with a new 43-101 updated mine plan at its flagship Gibraltar mine (75%… Continue Reading
Via Energy and Gold.com: Yesterday the new “Bond King”, Jeffrey Gundlach, spoke at the Ira Sohn Investment Conference and emphatically stated that interest rates have bottomed. This morning we are seeing more downside in Treasurys and the yield on the 10-year note is rising to test its falling 200-day moving average (most important indicator of… Continue Reading
Yellow Diamond Recoveries Consistent With Previous Results VANCOUVER, BC–(Marketwired – May 05, 2015) – North Arrow Minerals Inc. (TSX VENTURE: NAR) is pleased to report final diamond recoveries from the Qilalugaq Diamond Project bulk sample. The sample was collected in July and August 2014 from the Q1-4 kimberlite located just nine kilometres from the Hamlet… Continue Reading
Via Energy and Gold.com: I resided in the City of Baltimore for one thousand five hundred seventy-seven days. I actually pulled up to my husband’s medical school graduation in a U-Haul truck. I had enthusiastically packed. During my 4-year stint there, the city’s population dropped from 701,000 to 645,000. The mass exodus was marked by… Continue Reading
Here’s some smallcap statistics we shared with some fellow investors on Twitter: The second stat is eye-popping. Over 60%! There’s a pretty strong correlation here. Subscribers of SCD will know profitability is almost always a requirement for us. It’s one of only two criteria we won’t compromise on. The biggest winners we have seen have… Continue Reading
Via Energy and Gold.com: We are seeing a very interesting dynamic take hold in crude oil futures markets: In recent weeks we have witnessed a confluence of forces; speculators have covered shorts in large numbers while also aggressively adding to long positions, meanwhile, producers have hedged aggressively by selling futures contracts in order to lock… Continue Reading
May 4, 2015 Over the past few weeks, the Canadian registered charity I founded, the Clinton Giustra Enterprise Partnership (Canada), has come under heightened scrutiny. Many questions have been raised about the Canadian charity, how our organization works with the Clinton Foundation, the various contributions and support that allows our organization to impact the… Continue Reading
I feel I need to make a post about this. Tell a story. Make it poignant. But it’s really all I want to say: Get. Keep. Grow. It’s really hard to do those three things. It’s three different skills. Like with money. Getting it. Keeping it. Growing it. I’ve succeeded and failed at all three.… Continue Reading
A good start to the week for gold up $12 a ounce to $1291 in early trading. Here are a few of the mining headlines that caught my eye this morning. Fission Uranium – (FCU:TSX) – Fission continues to intersect strong uranium mineralization at the the PLS project in Saskatchewan. This morning 10 angled drill… Continue Reading
Via TD Securities equity research: Over the weekend, Continental Gold announced that its was on track to complete permitting for its Buriticá (100%) gold project in Colombia, by the end of Q2/15. Management suggested that for an update expected at the end of Q2/15 it has an internal target of seeing mineral resources grow by… Continue Reading
