The currency markets have just announcedwhat is coming for silver. This was explained in my previousarticle.The USD/ZAR ratio has now broken down. Thissets silver up to finish the year with a very strong rally: Although silver has been strong since thepeak of the USD/ZAR ratio in April, this breakdown means that we are likely tosee an acceleration in price increases.This breakdown also means that...Read More
The investment highlights of Nomad Royalty Company are presented in a Cormark Securities report. In an Aug. 20 report, analyst Nicolas Dion reported that Cormark Securities initiated coverage on precious metals royalty and streaming firm Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX), with a Buy rating and a CA$2.20 per share target price. The current share price is about CA$1.33."As the portf...Read More
Dolly Varden Silver is discovering new high-grade silver deposits on its property where silver mining began 100 years ago. It's called the Golden Triangle, but it's home to lots of silver too.Dolly Varden Silver Corp.'s (DV:TSX.V; DOLLF:OTCMKTS) large Dolly Varden property in northwest British Columbia has a long and storied history. The Dolly Varden/North Star Mine operated only for a few years,...Read More
Reyna Silver began trading publicly in June and has been actively adding properties to its portfolio, now holding six projects, five in Mexico and one in Nevada, with a focus on high-grade, district-scale assets. Reyna Silver Corp.'s (RSLV:TSX.V; RSNVF:OTCMKTS) focus is clear: it aims to assemble a portfolio of high-grade silver assets that offer district-scale potential, and to that end it is m...Read More
Generation Mining reported its recent drilling has defined new palladium mineralization west of the company's Marathon Deposit. Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN:FSE), in a news release announced "initial results from its exploration drilling program focused on the down-dip western extension of the W Horizon portion of the Marathon Palladium Deposit." The firm noted that the W Ho...Read More
Lion One Metals stated it ordered two new, deep capacity underground diamond core drill rigs that will allow the firm to drill year-round at its high-grade Tuvatu Gold Project in Fiji. Lion One TuvatuIn a news release, Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced that it has formulated long-term plans for drilling at its new high-grade discovery located beneath the existing Tuvatu gold...Read More
The mineralization alteration intersected at Aurania Resources' Tsenken N2 suggests an iron oxide copper-gold system. Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced in a news release that scout drilling in the Tsenken N2 target at the Lost Cities-Cutucu project in Ecuador encountered mineralization alteration commonly seen in an iron oxide copper-gold system.These systems tend to have...Read More
The elections are behind us. However,the official results are still not definite. What does it mean for gold prices?Ladies and Gentlemen, the new Presidentof the United States is… still unknown! The election results are not available,as some states are still counting the votes. The race is very balanced, withfew states remaining too close to call. At the moment of writing this report,Joe Bi...Read More
Pre-Feasibility Study (PFS) and additional technical studies well underwayELKO, Nev., Nov. 5, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to provide an update on the Pre-Feasibility Study (PFS) in progress at the CK Gold Project, located just outside of Cheyenne, Wyoming. Field activities have been ongoing since Aug...Read More
The elections are behind us. However,the official results are still not definite. What does it mean for gold prices?Ladies and Gentlemen, the new Presidentof the United States is… still unknown! The election results are not available,as some states are still counting the votes. The race is very balanced, withfew states remaining too close to call. At the moment of writing this report,Joe Bi...Read More
The elections are behind us. However,the official results are still not definite. What does it mean for gold prices?Ladies and Gentlemen, the new Presidentof the United States is… still unknown! The election results are not available,as some states are still counting the votes. The race is very balanced, withfew states remaining too close to call. At the moment of writing this report,Joe Bi...Read More
The elections are behind us. However,the official results are still not definite. What does it mean for gold prices?Ladies and Gentlemen, the new Presidentof the United States is… still unknown! The election results are not available,as some states are still counting the votes. The race is very balanced, withfew states remaining too close to call. At the moment of writing this report,Joe Bi...Read More
The elections are behind us. However,the official results are still not definite. What does it mean for gold prices?Ladies and Gentlemen, the new Presidentof the United States is… still unknown! The election results are not available,as some states are still counting the votes. The race is very balanced, withfew states remaining too close to call. At the moment of writing this report,Joe Bi...Read More
The elections are behind us. However,the official results are still not definite. What does it mean for gold prices?Ladies and Gentlemen, the new Presidentof the United States is… still unknown! The election results are not available,as some states are still counting the votes. The race is very balanced, withfew states remaining too close to call. At the moment of writing this report,Joe Bi...Read More
Jack ChanPosted Nov 3, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices.Our ratio is...Read More
Magna Gold continues with mine development and, with the goal of improving future operations and economics, optimization at San Francisco in Sonora. Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) recapped in a news release what it has accomplished at its San Francisco mine in Sonora, Mexico, since acquiring it in May 2020. The company noted that it is on track to achieve full operations there in 2021....Read More
Group Ten Metals also completes its 2020 exploration program at Stillwater West. Stillwater West PGE-Ni-Cu Project - 2019 DrillingIn a news release, Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced high-grade geological mapping and sampling results from its flagship Stillwater West polymetallic project in Montana, as well as results from its just completed 2020 field exploration...Read More
Ely Gold Royalties reported it agreed to purchase private fee ground and mineral interests in the Railroad-Pinion project in Nevada that is currently being developed by Gold Standard Ventures. In a news release, Nevada focused gold royalty company Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE) announced that it has "reached binding agreements with twelve separate individuals to purchas...Read More
The rationale for early buying into Nomad Royalty Company is explained in an iA Securities report. In a Sept. 23 research note, analyst Puneet Singh reported that iA Securities initiated coverage on Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX) with a Buy rating and a CA$2.30 per share target price. In comparison, Nomad is trading at about CA$1.24 per share.Singh explained why Nomad offers a...Read More
In Monday’sanalysis , I wrote that the market situation is likely to becomemore specific right before, during, and perhaps shortly after the U.S. presidentialelections . And by “specific”, I mean that the markets could beginmoving against their previous trends.Well, that’s precisely what we’vewitnessed so far. The overnight volatility is significant as the markets try...Read More