Sector expert Michael Ballanger maintains the "golden bull is back," and in this missive he outlines the reasons why. As this is being penned, I am seated in my den just after 7 a.m. looking out into the pitch darkness of an early December morn and the only light is a reflection off the cool waters of the lovely swamp Lake Scugog emanating from the bustling metropolis known as Port Perry...Read More
Peter Krauth explains why he believes silver is heading into a massive bull market. It's getting harder with every passing day to find cheap assets.Stocks, bonds, real estate, they're all pretty pricey. And yet, no one seems to care.Instead, the masses, and asset managers, appear determined to keep pushing them higher.In recent days, the S&P 500, the Dow 30 and the Nasdaq all set new records....Read More
Historyis full of intriguing sayings coming down to us from other cultures that informour thinking and behavior."Managinga large state is like cooking a small fish." – Lao Tzu."Astitch in time saves nine." – A 1700's sewing reference."Healingis a matter of time; sometimes a matter of opportunity." – Hippocrates.OneI especially like tra...Read More
Keith WeinerPosted Dec 9, 2020It was just two days ago, that we wrote about last week’s slide in the silver price from around $24, to around $22.50. Well, yesterday and today the price ascended back to around $24. The question is whether silver is now just as scarce as it was, scarcer, or more abundant? Read on…But First, BitcoinFirst, we want to touch on what has been happening in th...Read More
Bob Moriarty ArchivesDec 10, 2020I got a call yesterday about something else but was told something that concerned me greatly. Along with the rest of the industry, I have believed that as the summer drill programs ended in the US and Canada that assay labs would soon catch up. Well, it is not going to happen. Like many others I was under the impression the labs had just not geared up for all the i...Read More
Mexico-centered Magna Gold has one operating project and several exploration projects, one of which just reported high-grade silver assays. Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) is a relatively new company it only began trading on the TSX Venture exchange in June 2019 but has quickly moved to optimize and restart operations at the San Francisco Gold Mine in Sonora, Mexico, that it acquired in...Read More
The likelihood that Liberty Gold will keep bolstering its upcoming maiden resource estimate for Black Pine through drilling is discussed in a Haywood report. Three Liberty Gold Black Pine DiscoveriesIn a Dec. 2 research note, Haywood analyst Geordie Mark reported that Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) "continues to release a steady stream of positive drill results from its Black Pine prop...Read More
The current year marks the 15th anniversary of the U.S. shale boom, a period in which fracking technology across such states as Texas, Colorado, New Mexico, North Dakota, and Wyoming helped establish the nation as a top oil and gas producer. Unfortunately, high costs of production compared with conventional drilling has led to the sector consistently printing red ink and resulted in considera...Read More
Dec 11, 2020 Guest(s): Anna Golubova Social Media Reporter Gold is in recovery mode, but is this a start of another bull run or just a reaction to an oversold drop in November? This is exactly what Kitco News asked the analysts this week and the optimists prevailed.Just a bit of background here, gold rose back above $1,800 an ounce in December and even attempted to hit a key level of $1,850 seve...Read More
Dec 10, 2020 Guest(s): Thomas Kaplan CEO, Electrum Group Silver may be Thomas Kaplan's first love as he sees the potential for the precious metal to eventually push to $100 dollars; however, he is also not giving up on gold as he sees the yellow metal in the third-wave of a secular bull market that will take it "way past new highs."He noted that gold was in a strong uptrend well before the COVID...Read More
The current year marks the 15th anniversary of the U.S. shale boom, a period in which fracking technology across such states as Texas, Colorado, New Mexico, North Dakota, and Wyoming helped establish the nation as a top oil and gas producer. Unfortunately, high costs of production compared with conventional drilling has led to the sector consistently printing red ink and resulted in considera...Read More
Defense Metals Corp. reported it has appointed Jamie Spratt as a strategic advisor to the company. In a news release, Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) reported that it has appointed Jamie Spratt as a Strategic Advisor to the company.Defense Metals stated that Spratt founded a mining focused corporate finance and advisory business called Walmsley Capital Inc. where he is cur...Read More
In 2018, before the trade war betweenthe US and China put the boots to copper demand, and covid-19 mine closures/abandoned expansion plans crimped supply, we made a bold prediction: thatcopper supply is NOT going to be able to keep up with demand in the long-term.Here’s what we wrote, in Thecoming copper crunch: Even with expansions at existingmines and the ramp-up of the relatively few new...Read More
Watching Gold fall to recent lows over the past few weeks has been heartbreaking for Goldbugs. We know the real value of Precious Metals has continued to be under-appreciated over the past 24+ months – even though Gold has rallied from $1165 to over $2085 (an incredible 79%). The recent 15% decline in Gold has shaken some investors away from the longer-term opportunities, so we w...Read More
Scottie Resources discovers an intensely mineralized gold trend along the Blueberry Vein at the Bow property. Scottie Resources Corp. (SCOT:TSX.V) announced in a news release that drill results revealed a new mineralization trend in the Blueberry Zone at its Bow property in British Columbia's Golden Triangle. "Fantastic drill results in an ideal location! This new Blueberry trend is a near surfac...Read More
Outcrop Gold Corp. reported it has discovered a fourth high-grade shoot at its Santa Ana property in northern Tolima, Colombia. In a news release, Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) announced "assay results from the first holes drilled in the El Dorado target on its 100% owned Santa Ana project in north Tolima, Colombia."The company stated that it made a drill discovery in the s...Read More
Magna Gold Corp. reported it intersected 302.73 silver equivalent over 1.30 meters at its La Pima High Grade Silver Target in Sonora, Mexico. In a news release, Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) announced assay results from drilling at its wholly owned La Pima property, which is located approximately 24 km northwest of the company's San Francisco Gold Mine. The firm noted that La Pima is...Read More
Cassiar Gold's Taurus deposit returns intercepts such as 83.42 meters of 1.2 g/t gold at its Cassiar asset. Cassiar Gold Corp. (GLDC:TSX.V; CGLCF:OTCQB) announced in a news release the drill results, including the best to date, of the final 10 holes of its 2020 program targeting the Taurus deposit of its Cassiar gold project in British Columbia. This batch of diamond drill results is from the dep...Read More
Aurania Resources aims to identify the sulphide-bearing core of iron oxide copper-gold targets at Lost Cities-Cutucu. Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced in a news release that a mobile magnetotelluric (MT) geophysical survey is scheduled to commence this week at its Lost Cities-Cutucu project in Ecuador and continue into next year. "The Mobile MT survey should complement th...Read More
In 2018, before the trade war betweenthe US and China put the boots to copper demand, and covid-19 mine closures/abandoned expansion plans crimped supply, we made a bold prediction: thatcopper supply is NOT going to be able to keep up with demand in the long-term.Here’s what we wrote, in Thecoming copper crunch: Even with expansions at existingmines and the ramp-up of the relatively few new...Read More