Big news out of the junior mining sector today as Auryn Resources (AUG:TSXV) and North Country Gold (NCG:TSXV) have reached a joint venture agreement on the Committee Bay project in Nunavut, Canada. The market likes the deal so far sending Auryn shares 16% higher to $1.29 and North Country up 114% to $0.075. The deal appears… Continue Reading
Midas Gold (MAX:TSX) is attempting to bring the Stibnite Gold project in Idaho back into production. Stibnite has a significant and high quality resource, with over 6.5 million ounces of gold and 180 million pounds of antimony contained within three deposits and the leftover tailings from past mining. A pre feasibility study released in December… Continue Reading
From Energy and Gold.com: Oil implied volatility as measured by the OVX (CBOE Crude Oil Volatility Index – at top of chart below) is breaking out to the highest levels seen since the 2008 Global Financial Crisis: Meanwhile, realized volaility (as measured by the average true range) is also spiking higher but not quite catching up… Continue Reading
Avrupa Minerals (AVU:TSX) is a prospect generator focused on Europe. Prospect generators will stake or acquire claims then option them off to partners who are required to spend money on exploration to earn an interest in the project. The prospect generator business model is fundamentally sound and you now have dozens of junior mining companies operating… Continue Reading
Via Energy and Gold.com: The Russell 2000 (IWM) is up nearly 400% from the 2009 market bottom, however, judging by the following chart pattern breakout the final blow-off rally may have just begun: IWM has been in a messy consolidation since the end of October and this morning’s breakout from the diamond pattern, if it… Continue Reading
Ray Dalio is the founder of Bridgewater Associates, the world’s largest hedge fund firm and is one of the most iconic money managers on Wall Street. The Harvard graduate created the All Weather fund in 1996 and revolutionized traditional optimal strategic asset allocation models. Instead of balancing portfolios based on total weightings only, he included risk,… Continue Reading
Update from CEO Chat… Rob McLeod comments on the Black River project (link here). Sabina Gold Silver (SBB:TSX) is just out with news that Rob Pease will be stepping down as CEO and will be replaced by experienced mining engineer and junior mining company builder Bruce McLeod, of the well known McLeod BC mining family. Pease… Continue Reading
Shares in Nicaragua focused gold explorer Calibre Mining (CXB.V) are up nearly 6 fold in the past year. The company proved their share price climb was no fluke when Pierre Lassone, co-founder of gold royalty behemouth Franco Nevada, acquired an 11.2% stake in Calibre in Q4 2014 for $2 million at $0.08 per share with… Continue Reading
Technology venture-capital has seen huge growth in the equity crowdfunding arena thanks to web sites like Angel List that connect startups with accredited angel investors. The trend has only been accelerated by the adoption among many of the tech world’s best known investors, from Tim Ferris to Jason Calacanis, whom are leading investment syndicates on… Continue Reading
With over 300+ companies presenting at last week’s Vancouver Resource Investment Conference last week, CEO.ca’s team took in a lot of pitches. One story that stood out was Redstar Gold Corp (RGC.V), as told by President and CEO Toby Mayo, who joined the company back in September 2014 after falling in love with the project.… Continue Reading
British Colombia is well known as an excellent jurisdiction to explore for and find mineral deposits. BC is home to several operating mines and will add one more to the list very shortly as Imperial Metals’ Red Chris mine is in the commissioning phase. The search for the next big deposit is on in Northern… Continue Reading
Yesterday on CEO Chat, consulting corporate secretary Lorraine Pike, who has been advising junior companies for over a decade, took questions on what it’s like to work with Canada’s two public venture capital exchanges, the TSX Venture Exchange (TSXV) and the Canadian Securities Exchange (CSE). Find the entire chat thread here: http://chat.ceo.ca/lorraine-pike-q-and-a To Lorraine, the CSE wins in… Continue Reading
Via Energy and Gold.com: The gold miners are represented by the GDX have vastly outperformed gold thus far during 2015: This impressive display of relative strength has developed into a near perfect symmetrical triangle on the daily chart of GDX despite a relatively messy recent consolidation between $1252 and $1297 in gold itself: I believe… Continue Reading
Western Copper and Gold (WRN:TSX) is developing the massive Casino deposit in the Yukon. The Casino deposit hosts 8.9 million ounces of gold and 4.5 billion pounds of copper in reserves. An additional 9 million ounces and 5.4 billion pounds of copper are part of an inferred resource. The project does have a large CAPEX at… Continue Reading
Sunridge Gold (SGC:TSXV) is looking to follow in the foot steps of Nevsun Resources (NSU:TSX) and become the next Canadian listed miner in Eritrea, Africa. A feasibility study has been completed on four advanced stage projects that shows strong economics of a $692 million NPV (10% discount rate) and 34% IRR. We were lucky enough… Continue Reading
