Western Lithium (WLC.T) is an interesting company with two different plays that could potentially create shareholder value. The first play is a brand new Hectatone plant that will start production later this month in Nevada. In case you’re wondering, hectatone is an organoclay that is used in directional drilling to improve drilling efficiency. This drilling… Continue Reading

In the modern market environment (roughly the past decade) we have consistently seen volume spikes during sell-offs followed by volume trickling lower during steady uptrends. The recent price/volume action in the S&P 500 (SPY) is a perfect example of this phenomenon:   This recent trend is a marked shift from the days of Edwards &… Continue Reading

Mart Resources (MMT.T) was halted at 6:34 am PST this morning pending news. The company has announced that the Umugini pipeline is now flowing oil. The stock resumes trading at 8:15 am PST. Investors have been waiting on this news for years. I expect to see a significant move in the stock price as the… Continue Reading

I was fired. I asked for one more week to finish what I was working on but my boss said, “No. Clear out of here in the next hour.” I don’t know why I was fired. Other people weren’t. But I think my boss didn’t like me. So I got depressed. I was going to… Continue Reading

Dension Mines (DML.T), one of the most widely followed names in the uranium space, is out with more assays from the Gryphon zone at the Wheeler River property, located in the Athabasca basin of Saskatchewan. The Athabasca basin is known as the best place in the world to find uranium deposits. The Wheeler River project… Continue Reading

The Psy-Fi Blog has a must read post titled “The A to Z of Behavioral Biases”. Most of us have been guilty of harboring every single one of these biases at one point or another in our lives. The worst part is that many people aren’t even aware that they continue to exhibit behavioral biases which… Continue Reading

Alexander Molyneux grew up with one foot in Australia and the other in Hong Kong, so he had a front-row seat to the rise of Asia and the demand for energy in a rapidly growing world. The nuclear winter brought on by Fukushima and the accompanying flight of capital afforded him the opportunity to get… Continue Reading

We have various contacts at major cruise lines and commodities trading desks. Most of the airlines and cruise lines are now fully hedged on their fuel costs through the end of 2016. Even Carnival Cruise Lines, which previously prided itself on not hedging much of its fuel costs, has taken advantage of the decline in… Continue Reading

The gold miners as represented by the GDX have seen some noteworthy technical developments recently: Despite the hugely bearish sentiment swing in the commodities complex, primarily due to Thursday’s OPEC meeting and the subsequent crash in crude oil, neither gold nor the miners made new lows Friday’s holiday shortened session had all the characteristics of a… Continue Reading

I was catching up with this week’s Economist magazine today and an article about CEO succession caught my eye. A CEO’s self interest can get in the way of finding a suitable successor, Economist argues. In addition, boards are often careless and lazy with the task. A large part of the blame lies with CEOs… Continue Reading

Midway Gold (MDW.T) will be Nevada’s next gold producer at the Pan project which is in the final stages of construction with first production expected by the end of January. The Pan project is a simple open-pit heap-leach project that has very attractive economics. At $1200 gold the project has a 32% internal rate of… Continue Reading

VANCOUVER, CANADA — In the commercial real estate world, when investors expect a piece of land to be an ultra safe investment, prices get bid up, and yields come down. This makes sense: the safer the bet, the lower the return. After a crazy week in the markets however, I’m left wondering: is any investment… Continue Reading

Rio Alto Mining (RIO.T), a profitable junior gold producer has announced a revised initial CAPEX on the Shahuindo gold project in Peru. The initial CAPEX is estimated at $70 million with first gold production in 2016. Rio acquired the Shahuindo project when they merged with Sulliden Gold in June. The Shahuindo project combined with the currently producing La Arena mine is expected… Continue Reading

If the Sunday night futures market was to be given a movie title it would have been dubbed the “Commodity Catastrophe”; we saw WTI crude futures fall below $64/barrel, silver traded with a 14 handle ($14.43 low), and copper fell into the $2.70s. Thus far this morning we are witnessing a bevy of “V-bottoms” across… Continue Reading

Crude oil is undoubtedly the topic du jour, however, a disappointing Thanksgiving retail weekend may throw a wrench into those “cheaper gasoline is an economic stimulus” theories that have been circulating. Here is some of the thought provoking material we are reading this weekend: optionMONSTER – 2015 consensus earnings estimates are much too optimistic after the rout… Continue Reading