Via Energy and Gold.com: On Tuesday we highlighted a powerful long trade setup in the GDX and yesterday the goldies rallied 5.32%. This morning we are seeing a little profit taking ahead of a big resistance level near $20: From my vantage point the downtrend line drawn from the January high is highly significant – a… Continue Reading
Market Chat with Allan Barry Laboucan and Pat Boland. Featuring today’s special guest: geologist and mining entrepreneur Rob McLeod. The gentlemen discuss prospect generator junior mining companies including Milrock Resources, Kaizen Discovery, and Virginia Gold Mines. The topic stems from an article McLeod authored last week about the current state of the junior mining industry (link… Continue Reading
I want to be under water and float and not move. I love that feeling. Water completely surrounding me, I make every part of my body go limp. Thoughts rise up and create little thought bubbles above me on the surface. I don’t like to think too hard. When I float, I enjoy thinking of… Continue Reading
A look at my favourite mining news releases out this morning. Torex Gold – (TXG:TSX) – Torex Gold released 2014 year end financial results this morning. Torex is a single asset company who owns the El Limon Guajes project in the Guerrero Gold Belt in Mexico which was purchased from Teck 5 years ago. The… Continue Reading
Via Energy and Gold.com: As illustrated by the following 2 graphics US equity investors have gone from greed to fear in exactly one month despite a relatively small movement in the market (3% in the S&P 500): While the recent price action, flattening moving averages, and spike in volatility is consistent with a topping… Continue Reading
Here is my presentation from the Feb 28, 2015 Subscriber Investment Summit (SIS) in Toronto and this is what I talked about: When will junior mining turn around? What the world’s best minefinder Dave Lowell taught me about exploration Some groundrules for not getting fooled in the venture stock market How babyboomers in the mining… Continue Reading
The following is NOT endorsed by Haywood Securities. This is a genuine testimonial. When you have a stock broker who is great at finding private placements and proactive in selling winners, you have a much better chance at success in the Canadian venture business. Today we introduce such a broker – Jonathan Jones. I’ve known Jonathan since… Continue Reading
Via EnergyandGold.com, As a writer and investor in venture-capital companies and penny stocks, I probably put a bit too much focus on a company’s story. Generally, I like stories that package well. This is all about scalability of the business-model and management track record. I also like stories that aren’t well known or being told… Continue Reading
NexGen Energy makes a new discovery, Odin Mining has impressive drill results from Ecuador, and Fission Uranium keeps rolling along. NexGen Energy – (NXE:TSXV) – Positive drill results continue to come in from junior uranium explorer NexGen Energy. News this morning is that drilling 3.7 kilometres away (north-east) from the Rook 1 property has intersected… Continue Reading
Via Energy and Gold.com: Gold miners as represented by the GDX are threatening to fall for the 6th consecutive trading session after they were once again repelled near the $20 support/resistance level: A fun fact is that even during the gold mining bear market of the past 3 years the GDX has only fallen for… Continue Reading
I asked Claudia if she would still love me in 40 years. I don’t know why I asked. Maybe because she was making me coffee. If every morning someone asks you to make coffee, how can you love him? Maybe she would get tired of it. To be blunt: I would not like making her… Continue Reading
In November 2013, Canadian diamond explorer North Arrow Minerals (TSXV:NAR) made an exciting discovery at its Pikoo project in Saskatchewan, finding diamondiferous kimberlite at PK-150. The microdiamonds found in the drill core were exciting for the small company, although critics said there wasn’t much potential for size. This morning, North Arrow announced results from the… Continue Reading
Robert Hirschberg is a Toronto, Canada apparel industry entrepreneur and investor. For the past thirty five years, Mr. Hirschberg has been an active speculator in junior mining penny stocks, one of the highest-risk segments of all investing markets. In this video, you will hear how Mr. Hirschberg parlayed $20,000 at the start of the 2000’s… Continue Reading
A flurry of news releases this morning here are several of my favourites with some additional comments on each. North Arrow Minerals – (NAR:TSXV) – North Arrow along with partner Stornoway has discovered three new kimberlites at the Pikoo diamond project in Saskatchewan. North Arrow has been exploring the Pikoo project since 2013 and can… Continue Reading
The Subscriber Investment Summit in Toronto on Feb 28, 2015 gathered three newsletter writers, 15 mining and energy CEOs and approximately 300 investors for a day of insights sharing and networking. CEO.CA cameraman Carter Smith was there to film the CEO presentations, which have just been uploaded to Youtube for your viewing pleasure. Here they are:… Continue Reading
