Renowned Chinese journalist Chai Jing has produced a groundbreaking documentary on China’s pollution problems. The film has received almost 80 million views on youkou (Chinese version of Youtube) and is being discussed just about everywhere in Asia. Even Bank of America Merrill Lynch’s HK research team called this a ‘turning point’ in their daily research… Continue Reading
Via Energy and Gold.com: Realized volatility in gold has dropped by 50% in the last month and is at the lowest levels since last October (just before gold fell nearly $100/oz): GLD rolling 7-day average true range (ATR) at bottom has fallen 50% in just the last month! The recent range defined by $1190 on… Continue Reading
I interviewed mining and oil tycoon Lukas Lundin for the Financial Post’s PDAC edition which is in print today. Mr. Lundin talks about how he’s positioned his family natural resources empire for the next 1-4 years. Read: PDAC 2015: Lukas Lundin sets lofty goals as he re-enters gold game Mr. Lundin said a lot of… Continue Reading
Arizona prospector Dave Lowell was born to find hidden treasure. The 87-year-old prospector is probably the world’s best mine finder, having discovered an amazing 17 ore bodies. And as it turns out, he’s a fine writer as well. In his new autobiography, titled Intrepid Explorer, Mr. Lowell vividly recalls a lifetime spent in mining and… Continue Reading
Rick Rule, Chairman of Sprott U.S. Holdings was interviewed live by Mark Bunting on BNN Market Call this morning at PDAC. I managed to take in some of the live filming but here is the link for those of you may have missed it. Rick Rule – Top picks on BNN Market Call PDAC 2015… Continue Reading
Via Energy and Gold.com: Not much has been talked about palladium recently, but weak supply growth and strong demand from auto-producing countries has ignited a powerful breakout in this white metal: The breakout above $820 from a 6-month base initially targets $860 followed by the August 2014 high of $913. The supply shortfall for palladium… Continue Reading
Via Energy and Gold.com: Tiny Quebec based oil & gas explorer Junex (JNX.V) staged an enormous rally last week which at one point saw its shares higher by more than 150% in just 4 trading sessions: The discovery of a conventional oil play that appears to have substantial exploration upside was enough to embolden investors… Continue Reading
Copper Continues Rebound on Positive Manufacturing Data This week saw the continued rise in the copper price after the red metal dropped as low as $2.42 per pound in early January. The early year decline was exacerbated by a dramatic ~8% decline over two sessions, marking the lowest price of copper since July 2009. However,… Continue Reading
Via Energy and Gold.com: It’s official, the two largest economic zones have moved into deflation and the trend isn’t indicating that things are going to change anytime soon: The euro area deflationary trend has been fairly steady, whereas, the US has seen a sharp spike in the deflationary pull during the past few months. There… Continue Reading
A tight community of stock brokers, promoters and Canadian diamond investors saw some excitement today as North Arrow Minerals (NAR.V), a diamond explorer with active projects in Nunavut, Saskatchewan and elsewhere in Canada, halted its stock pending news. Over at our financial news chat application, chat.ceo.ca, users started speculating whether it would be drill results… Continue Reading
Via Energy and Gold.com: We have highlighted many head & shoulders bottom patterns during the past few months as oil and precious metals stocks have bottomed and begun to turn higher. I want to go into a bit more detail explaining the H&S bottom pattern, some of the theory and psychology behind it, and more… Continue Reading
These are the headlines that I found interesting this morning for mining stock investors/traders. Terrax Minerals – (TXR:TSXV) – A good start to the winter drilling season for Terrax with one of the three holes released this morning intersecting 7m of 10.23 g/t gold. Terrax believes they have one of the 6 major high grade… Continue Reading
Red Eagle Mining (RD:TSXV) is set for a transformational year at the Santa Rosa project in the heart of Colombia’s gold district. The catalyst investors are waiting for is the environmental license permit. Receipt of this permit is imminent and if/when awarded will be a game changer, not only for Red Eagle, but for Colombia’s overall mining… Continue Reading
The oil price crash of late 2014 has been especially harsh on small-cap producers, and Colombian focused E-P Petroamerica Oil (PTA.TSXV) is no exception. Its shares have fallen over 70% since September 2014. The company reported December 31, 2014 year end reserves yesterday evening (NR here), focusing on 2P volumes of approx 8.1mmboe and a 2P… Continue Reading
It is a wonderful thing for miners to increase production and cut costs, says private investor Olivier Tielens. Unfortunately, in today’s market, producers are not getting great prices for their gold and silver. In this interview with The Gold Report, Tielens argues that investors with positions in explorers that make discoveries realize immediate and major… Continue Reading
