We had the good fortune to follow Exploration Insights editor Brent Cook around the floor at PDAC for a couple of hours two weeks ago. Mr. Cook is one of the leading investment newsletter writers in the junior mining business. As is often the case at PDAC, walking down the isles, attendees get pulled in lots… Continue Reading
Via Energy and Gold.com: The ultra-strong US dollar (USD) is making its presence felt throughout the globe and is on the verge of wreaking havoc on a much larger scale. A premature Fed rate hiking cycle could be the catalyst to send the USD into overdrive and send global markets tumbling lower – 4 charts that… Continue Reading
One thing is for sure the junior mining market continues to struggle as we have had four consecutive down years on the TSX Venture (2011-2014) and 2015 is not off to a promising start. Legendary mining financier and company builder Ross Beaty has been one of the few who is actively putting money to work and… Continue Reading
Ivanhoe Mines (IVN.TO) shares are up 18.8% today, last at C$1.01 at press time, and up over 35% in the past few weeks. Over @ chat.ceo.ca, we’re speculating either Executive Chairman Robert Friedland is marketing the story to new investors somewhere, or possibly there’s an event relating to a strategic review process currently underway of… Continue Reading
Billionaire mine developer Robert Friedland has said that real wealth in the mining sector is created by finding something. Friedland would know this, having driven 5+ world-class mining discoveries in his career. He knows that to find a mine you have to spend a lot of money, and drill a lot of holes. Another secret… Continue Reading
The Athabasca-basin in Northern Saskatchewan is the world’s most prolific uranium producing region. For several decades, small “junior” companies have explored the Basin for economic uranium deposits, with the lucky few being taken out by larger companies at substantial premiums. Shares in Fission Uranium are up over ten fold over the past three years when… Continue Reading
A few of my favourite news releases out this morning and what I think about them. All commodities are in the red in early trading except for natural gas. Red Eagle Mining – (RD:TSXV) – After the big news of announcing the receipt of the environmental permit last week Red Eagle has more news out… Continue Reading
The main driver of the US equity bull market and the recent slew of all-time highs has undoubtedly been corporate stock buybacks. Nearly 3/4 of S&P 500 companies (72%) participated in share buybacks during the 4th quarter of 2014 and the total dollar amount of share buybacks was the 2nd largest ever, second only to… Continue Reading
A few more news releases that caught my eye today and some comments on each. Teranga Gold – (TGZ:TSX) – Teranga had positive news this morning that they have successfully received an environmental license for the high grade Gora satellite deposit. The deposit sits ~25 km from the current mill and construction on a road… Continue Reading
Via Energy and Gold.com: Record inventories and the prospect of further inventory builds in the US are putting WTI crude prices under heavy pressure this morning. Given the likelihood of additional inventory builds over the coming weeks there is a strong risk of a further decline to below $40/barrel. While I believe that a dip… Continue Reading
If you’re reading this, it’s likely you own a smartphone, computer, TV, refrigerator, automobile, and all the myriad of marvelous inventions that those of us in the modern world enjoy, and take for granted. However, there are still hundreds of millions of people who have yet to benefit from these modern amenities in developing nations, namely… Continue Reading
Angel investor and podcaster Jason Calacanis interviewed technology venture-capitalist Fred Wilson at Calacanis’s Launch Conference a few weeks back in San Francisco. Wilson is an accomplished VC having backed Twitter in the early days, and countless others. Calacanis is no slouch himself having been an angel investor in UBER. The two-men got to talking about… Continue Reading
Here are a look at my favourite news releases from this morning with some thoughts on each. I will do another post on some more news releases later today. Mart Resources (MMT:TSX) – Mart announced this morning that the deal previously announced with Midwestern is now a definitive arrangement. Each Mart shareholder will receive 80… Continue Reading
Collin Kettell is building junior mining’s best new podcast at PalisadeRadio.com and I was grateful to be a guest on the show a couple of days ago. During the conversation, we discussed how mining veterans are taking advantage of the downturn. We spoke of the importance of a long time horizon for mining investors to… Continue Reading
Via Energy and Gold.com: The gold miners as represented by the GDX have been pushed to the breaking point with yet another ‘bear flag’ forming just a few percent above crucial long-term support: To put the situation into perspective, GDX is barely more than 10% above the 2008 panic lows despite the fact that… Continue Reading
