Technical Analyst Clive Maund shares why he believes Giant Mining Corp. is an Immediate Speculative Buy.If you are the kind of investor who likes to obtain maximum leverage on capital employed in an environment where risk is at tolerable levels, Giant Mining Corp. (BFG:CSE; BFGFF:OTC; YW5:FWB) is the stock for you.In its former incarnation as Majuba Hill Copper, the only things giant about the com...Read More
Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project.As I was doing some research this week on the history of copper demand, what started as a focus on China wound up with some interesting revelations surrounding the economic history of neigh...Read More
Michael Ballanger of GGM Advisory Inc. explains why Vortex Metals Inc.'s Riqueza Marina Copper and Gold Host Project might be a new VMS project.Back in the 1960s, there was a geologist called Ken Dark who toiled as an explorationist for a big U.S. multinational called Texas Gulf Sulfur Company. His team had been conducting basic geology, including geochemical and geophysical testing of an area cal...Read More
Did it warm your heart to see all those blue-and-yellow Ukrainian flags waved by our elected officials in Congress Saturday night with the passage of the $60-plus-billion aid bill to the Palookaville of Europe?You realize, don't you, that the tiny fraction of that hypothetical "money" from our country's empty treasury that ever reaches Ukraine will rebound on the instant into Mr. Zelenskyy's C...Read More
Last Friday's GDP number came in weaker-than-expected at 1.6% annualized, the weakest quarterly gain in almost two years.I've written for months that there would be no interest rate cut by the Fed at their June meeting. Wall Street was putting the odds of a rate cut at around 70% and the stock market was rallying in anticipating the cut.They were wrong, I was right. That's not to brag, it's just t...Read More
They're wearing us down with shocking headlines and opinions. They come daily these days, with increasingly implausible claims that leave your jaw on the floor.The rest of the text is perfunctory. The headline is the takeaway.A few weeks ago, The New York Times told us that "As It Turns out, the Deep State Is Pretty Awesome."These are the same people who claim that Trump is trying to get rid of de...Read More
We have asked the question before. Today we ask it again: What if socialism "worked"? What if communism worked?That is, what if collectivist economics outdid and outperformed free market capitalism... and Marx triumphed over Smith?Should the United States take collectivism aboard on pragmatic grounds of efficiency? Or should it beg off on abstract grounds of principle?The United States erected its...Read More
Technical Analyst Clive Maund takes a look at Aztec Minerals Corp. to explain why he believes it is a Strong Buy.Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) is primarily an established gold-silver exploration company that is positioned to make a potentially big discovery or discoveries in mining-friendly areas in Arizona and NW Mexico with a view to greatly increasing its value which will likely...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on Fitzroy Minerals Inc. after having a discussion with its chairman. I had an excellent discussion yesterday with Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) Chairman Campbell Smyth and CEO/Director Merlin Marr-Johnson who contacted me from Merlin's home office in NW London (U.K.).Without going into detail, subscribers should be prepar...Read More
As news breaks of an agreement between Treasury Metals and Blackwolf Copper and Gold to advance the Goliath gold project in Ontario, Technical Analyst Clive Maund looks at the details.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) is regarded as an unusually attractive mining stock here for several reasons. A big one is that its current very low valuation means that it has big upside potential...Read More
This Canadian company has a robust plan for its project in the Yukon as it looks toward a mineral resource estimate. Read on to learn why experts like this owner of multiple assets.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced the upcoming work plan at its 3 Aces project in Canada's Yukon will include drilling, geophysical surveys, surface mapping, and reclamation efforts. Preparations to s...Read More
News Update As news breaks of an agreement between Treasury Metals and Blackwolf Copper and Gold to advance the Goliath gold project in Ontario, Technical Analyst Clive Maund looks at the details.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) is regarded as an unusually attractive mining stock here for several reasons. A big one is that its current very low valuation means that it has big ups...Read More
Total production by this Buy-rated Canadian company exceeded estimates by 19%, noted a Red Cloud Securities report.Silver X Mining Corp.'s (AGX:TSX.V) Q1/24 production results from its Nueva Recuperada mine in Peru were positive and better than in the previous quarter, reported Red Cloud Securities mining analyst Timothy Lee in an April 25 research note."The stepwise improvement from Q4/23 to Q1/2...Read More
Technical Analyst Clive Maund takes a look at Perpetua Resources Corp. to explain why he believes the stock is a Buy.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) is a momentum play, and the reason why we are looking at it now is that it looks like the current strong upside momentum will continue for a while yet and if so, it will result in substantial gains over the short to medium-term and th...Read More
Funds from this and the sale of its ex-U.S. asset will help the company advance its projects in the Great Basin, noted a BMO Capital Markets report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX) announced it had upgraded its nonbrokered, private placement from CA$9.5 million to CA$12.5 million in gross proceeds. The cash is meant to fund continued advancement of its two U.S. projects, Black Pine and Go...Read More
LONDON, 3 May 2024 - BullionVault's director of research Adrian Ash writes exclusively today for MoneyWeek, the UK's best-selling personal finance magazine.Looking at the UK's infamous decision to sell gold bullion at the bottom of the 1990s' bear market, Adrian examines what led to that mistake, and what it means for investors a quarter-century later.MoneyWeek subscribers will find the article on...Read More
“He’d Give You The Shirt Off His Back.”To me, the above quote describes a nice, poor person.There's nothing wrong with that, but I never understood why that compliment was the highest you could give a man.It’s almost like saying, “He’s a great guy, but he can’t organize his financial affairs.”Folks, there’s a reason stewardesses tell you to put...Read More
"Something will have to give."So the International Monetary Fund warns us.Yet what must give? And why must it give?These are the questions that seize our attention today. Reports Bloomberg:The International Monetary Fund leveled an unusually direct criticism at U.S. policymakers Tuesday, saying the country's recent standout performance among advanced economies was in part driven by an unsustainabl...Read More
Global Analyst Adrian Day discusses good news at three of his major resource holdings. He notes that Agnico knocked it out of the park, Anglo upped the value of Orogen-'s royalty again, and Osisko had a major stream asset get bigger.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported a very strong first-quarter result, with higher production and lower costs. Cash costs are $929 per ounce, and All...Read More