44 comments for TMX Group, directors, auditors, and regulators These 44 comments on TSX- and TSXV-listed natural resource companies, and the accompanying schedules, have been prepared with the objective of identifying some of the contributors to the many problems faced by junior exploration companies and their investors, and hopefully convincing those responsible that there is… Continue Reading
Via Energy and Gold.com: As WTI crude oil tests an important area of support/resistance near $49 there are some signs that crude prices could ultimately fall below $40 if certain supply conditions remain present. The global crude oil supply/demand balance is very delicate to say the least. The following table from Morgan Stanley highlights just… Continue Reading
Here are some news releases this morning that caught my eye and a comment on each. Midway Gold – MDW.T – Midway is a Nevada based gold company with three excellent development projects. One of which Pan is expecting to commence production shortly. News today was on the Spring Valley project which is owned 75% by Barrick… Continue Reading
Chuck Fipke and Chad Ulansky’s Northern Uranium Corp (UNO.V), which we featured on CEO.ca yesterday, provided an exploration update for the company’s North West Manitoba property, where exploration is focused on the Maguire Lake area. The news release, authored by Northern President and CEO Chad Ulansky, describes “spectacularly encouraging” alteration observed while drilling an intense… Continue Reading
If anybody deserves a drink at PDAC it’s me. In the past 2 months, CEO.ca and Resource Opportunities shipped over 30 interviews and bootstrapped the coolest Canadian financial app ever (I’m biased). That would be chat.ceo.ca We are building an interface for young investors and we promise to have old-timers in there as well because… Continue Reading
Haywood Securities Managing Director of Investment Banking Kevin Campbell interviewed Lukas Lundin for a pre-PDAC message from Lundin, the billionaire Swede mining and oil tycoon whose Lundin Gold and the Ecuadorian Government are co-sponsoring the event. Lundin says the world is growing at 2-3% per year and still needs metals. And he sees great opportunity in this… Continue Reading
Athabasca Basin, Saskatchewan uranium explorer NexGen Energy (NXE.V) continues to intercept off scale uranium at the Rook 1 project. The winter drill program is well under way with 5,518.9 metres complete of the 18,000 metre program. News this morning was exciting as a new high grade zone (A3) has been discovered at their Arrow discovery. Drill hole AR-15-39… Continue Reading
Chad Ulansky cut his teeth on Ekati, Canada’s first diamond discovery, but it’s uranium that he’s hunting for now in Canada’s frozen North. The Kelowna geologist is president and CEO of Northern Uranium (TSXV:UNO), which is exploring in northwestern Manitoba just beyond the eastern edge of the prolific Athabasca Basin. Ulansky got his start as… Continue Reading
The best negotiator I knew always acted like an idiot. He acted so well that I thought he was really stupid. I also thought at the time that he was my best friend. That was probably an act also. Just two years later he stopped talking to me forever. I ran into him in the… Continue Reading
Here are a few of the press releases that I feel were interesting and a comment on each. NexGen Energy – (NXE.TSXV) – NexGen has intersected more off-scale radioactivity at the Rook 1 project, in the Athabasca Basin, Saskatchewan. Angled drill hole AR-15-39 intersected 89.15m of composite mineralization including 16.75m of off scale mineralization. The… Continue Reading
Via Energy and Gold.com: The yield on the 10-year US Treasury note has surged 50 basis points in the past few weeks and in turn gold has fallen nearly $100/oz. The negative correlation between yields and gold has been strong for the last 6 years and this correlation has become even stronger in recent weeks: Since… Continue Reading
A flurry of positive news releases from mining companies this morning. Here are five that caught my eye with a brief comment on each. Klondex Mines (KDX:TSX) – Klondex released updated mineral reserves at the Fire Creek Project and Midas Mine. Fire Creek has proven and probable reserves of 238,700 ounces at 1.285 ounces per ton.… Continue Reading
I spent a couple hours re-skinning EnergyandGold.com this weekend. I co-created the site 6 weeks ago with two of my best pals, Scott Armstrong and CEO Technician, and it has already clocked over 25,000 pageviews! The idea behind it is to do two things well: commodities charts and profiles of compelling junior companies. EnergyandGold will differ… Continue Reading
I have never met a person who suddenly became happy simply by “finding their passion”. If my passion had come crawling across my bed during any of my lowest 50 moments in life and started nibbling on my ear I would’ve just pushed it away. Usually I wanted money or sex and I felt passion… Continue Reading
Glenn Mullan and Ian Ball’s Abitibi Royalties (RZZ:TSXV) has reached a deal to sell its 30% free carried interest in the Malartic CHL project to Yamana Gold and Agnico Eagle Mines. The Malartic CHL project adjoins one of Canada’s largest producing mines, the Canadian Malartic mine. Yamana and Agnico acquired Malartic for $3.9 billion in April 2014.… Continue Reading
