This morning Rockwell Diamonds (RDI.T) announced a conditional agreement to acquire additional alluvial diamond properties contiguous to existing properties. The properties will be acquired from Bondeo 140 CC and its affiliates for $28.5 million. The breakdown of the $28.5 million will be $12 million for the mineral rights and three processing plants and $16.5 million… Continue Reading
In the second instalment of the ‘Technically Speaking’ series, Tom Bruington, mining engineer with Sandstorm Gold, discusses the tools and concepts behind mineral exploration. Tom’s lesson covers both simple and more complicated exploration techniques ranging from mapping to geochemistry to drilling. Sign up for Sandstorm’s email list to receive the next episode first.
The following interview with Alex Molyneux, Chairman of Toronto main-board listed Azarga Uranium (AZZ.to) / (PWURF) was conducted in the final week of December, 2014. Alex is a leading uranium expert and has been featured in videos online such as on Bloomberg News as well as in numerous online articles. Importantly, with today’s big news of Energy Fuels (UUUU) merging with Uranerz, (URZ), M&A in the… Continue Reading
On New Year’s Eve I wrote a post titled “Why I Bought Gold Today” in which I discussed some reasons why I purchased February gold futures and highlighted some of the key technical levels that I was focused on. This morning I exited this trade at $1210 for a $25.70 gain ($2570 per futures contract). This gold… Continue Reading
Gold stocks have been working on forming a bottom since the big October crash which took many gold miners to all-time lows and brought the GDX to below it’s 2008 Global Financial Crisis low. As the sector has begun to move back up during the past couple weeks some charts are breaking out from powerful chart… Continue Reading
It’s the start of a new year, meaning it’s also time to give your portfolio a tune up and ensure that its engine is running optimally and ready for takeoff. Soaring at 500 miles per hour and looking down from 40,000 feet at your portfolio, you can more easily visualize where you need to diversify… Continue Reading
This is the worst time of year for world oil prices to hit a five year low for North American energy producers. That’s because they typically evaluate their reserves at fiscal year-end—and that usually matches the calendar year. That means reserve evaluations are done with the current price “deck” looking forward (often called “strip… Continue Reading
“You interrupt too much,” people email me. “Let your guests finish talking.” But I can’t help it. I get curious. I want to know! Now! Over the past year I interviewed about 80 guests for my podcast. My only criteria: I was fascinated by some aspect of each person. I didn’t limit myself by saying… Continue Reading
Energy Fuels (EFR.T) has reached an a deal to acquire Uranerz (URZ.T) in an all share based deal creating a leading US based uranium company. Shareholders of Uranerz will receive 0.255 common share of Energy Fuels for each share of Uranerz common stock held. Energy Fuels shares are currently trading down $0.51 cents (~7%) at $6.81 per… Continue Reading
In case you were under a rock, oil just got crushed. It has dropped close to 50% and most of that was in just the last three months. Let’s pause there. Consider if this happened with another resource, say if the gold price suddenly dropped 50% from the current price of $1,200/oz to $600/oz in… Continue Reading
I enjoyed catching up with the James Altucher Show this morning, and thought I would share some of the program with CEO.ca readers. Altucher’s had a diverse career as an entrepreneur, hedge fund manager, and angel investor, and he has a penchant for spilling his guts out. As a writer, he’s become something of a… Continue Reading
An excellent post by the McClellan Market Report on the euro (EUR/USD) prompted me to think about the bigger picture for EUR/USD and what might transpire over the coming weeks. As it stands now the euro is virtually in free-fall against the US dollar with two big eurozone events coming up towards the end of… Continue Reading
>>Interview with Rick Rule (MP3) During a time where the pain of downward pricing has spilled from minerals into the energy sector, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments. On the recent collapse in oil Rick noted that, “[M]arkets work. The cure for high prices (despite Washington’s… Continue Reading
This was a very constructive week for the gold mining sector – a few things stand out: The GDX rose 3.84% and the GDXJ rose 6.44% even as gold itself fell .65% on the week GDX made a higher low and a higher high vs. last week and also posted a higher low for the 2nd… Continue Reading
After rallying more than 1000% in the span of two years TSLA is showing technical signs that all is not well. Since topping out in September the stock has hammered out a textbook head & shoulders top pattern (H&S top): Some ‘purists’ don’t like drawing slanted necklines on H&S patterns, one can also place the neckline… Continue Reading
