Daily Reckoning, Released on 3/10/22Despite the happy talk from the mainstream media, the U.S. economy is hanging by a thread. The U.S. economy is stalling out.Continue... Jim Rickards: The U.S. economy is hanging on by a thread added by Herman James on 03/16/2022View all posts by Herman James ?+'Read More
Gold has hit $2,000 but is stillstruggling to maintain that historical level. It has already tried 8 times -will the ninth attempt succeed? Many indications make this doubtful.Gold is attempting to break above the$2,000 milestone, and miners are trying to break above their decliningresistance line. Will they manage to do so, and if so, how long will the rallylast? Yesterday, gold didn’t mana...Read More
After its recent project acquisition, this Canadian mining company boasts one of the Golden Triangle's largest undeveloped precious metals properties, a significant total mineral resource, and compelling exploration upside.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) had an incredibly busy February and is not slowing down any time soon. Given that management consistently delivers what it says...Read More
This silver miner is on a rapid pace to restart production at its Bunker Hill Mine in the historic Coeur d'Alene Silver District in Idaho.Echelon Capital Markets Mining Analyst Ryan Walker, MSc., commented in a Feb. 22 research report that following Bunker Hill Mining Corp.'s (BNKR:CSE; BHLL:OTCMKTS) recent acquisition of the Bunker Hill mine, the research firm is transitioning its coverage on the...Read More
Rare earth elements are in high demand, and newly released drilling results in Canada could point to a way to help loosen China's stranglehold on the sector.Defense Metals Corp.'s (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) newly released drilling results back up the company's PEA (preliminary economic assessment) that its 100%-owned Wicheeda Project in British Columbia will help it compete with China in t...Read More
Multiple factors are pushing fertilizer (and critical component phosphate rock) prices higher and higher. One need look no further than grain prices like wheat, corn, and soybeans.The past year has been nothing short of transformational for Qu?(C)bec's Arianne Phosphate Inc. (DAN:TSX.V; DRRSF:OTCQB; JE9N:FSE) After a seven-year downtrend (2013-2019), phosphate rock prices turned decisively positi...Read More
Technical analyst Clive Maund takes a look at Barsele Minerals' chart and explains why he finds it attractive.Barsele Minerals Corp. (BME:TSX.V; BRSLF:OTCQB) is looking better than for quite a long time and it is believed to be about to break out from the downtrend that has been in force from last May, as we can see on its latest 1-year chart below. Whilst the price has been stuck in a downtrend s...Read More
The Critical Investor takes a deep dive into Quebec-focused gold explorer Vior Inc. and concludes that he likes "the odds for Vior, as Belleterre is an impressive brownfield project with lots of indications for mineralized potential." IntroductionAn old adage in mining says that to find a new mine, look in the shadow of the headframe of an old or existing mine. This is exactly what Vior Inc. (VIO:...Read More
Given current geopolitical conflicts and rising inflation, investors should put their capital in precious and base metals as they are excellent stores of value during times like this, Ross Beaty said at a March 2022 mining industry event.Day two of a recent three-day mining industry event ahead of the 2022 PDAC (Prospectors & Developers Association of Canada) meeting included a fireside chat about...Read More
A junior is nearing the major catalysts of maiden resource estimates for two of its prospective silver projects where it continues exploration work, noted a Couloir Capital report.Coverage on Metallic Minerals Corp. (MMG:TSX; MMNGF:OTCQB) was recently initiated by Couloir Capital with a Buy rating and a fair value estimate of $0.68 per share, the research and advisory firm reported in a Feb. 22 no...Read More
With a recent agreement for greener electricity, this company has abandoned its previous plan to use diesel-generated power for its mining project, noted a Red Cloud Securities report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) engaged a company to provide grid-based hydro power for construction of its KSM project, and given the estimated savings to result from this change, Red Cloud Securities inc...Read More
Adrian Day has been promising a few sells among the stocks on his list for some months now, to offset recent new buys and make room for new buys. Today, we have the first of those.Newmont Corp. (NEM:NYSE), the largest gold mining company in the world, has experienced a good run recently, form under $55 in mid-December, and then up 6% in the last three days days.We prefer the other two largest gold...Read More
At very high zinc and copper prices, and with a pretty impressive (60.4m @ 2.25% CuEq) drill result at the Sesmarias target, part of the Alvalade project in Portugal, it was easier for Avrupa Minerals to raise almost a third of their market cap, being CA$1.25M. The Critical Investor does a quick update. After announcing a strong and potentially game changing drill result (60.4m @ 2.25% CuEq) at...Read More
Spain's Andalusia region is known for its seafood, olive oil, and Moorish architecture. It's also known for having one of the world's most prolific mining belts the Iberian Pyrite Belt. One junior explorer has some of the most prospective mining concessions in that belt, with Spain's courts about to give it yet one more and it comes with a big historical resource. Emerita Resources Corp. (EMO:...Read More
A gold mining company enters into two agreements for funding and power, helping to advance and de-risk one of its projects, noted a ROTH Capital Partners report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced a financing and the procurement of hydro power, and on that news, ROTH Capital Partners increased its target price on the gold mining company to $30 per share from $27, reported analyst...Read More
Copper prices are rising quickly and the number of junior exploration companies seeking to ride the copper price wave grows by the day. One such company has strong land positions in four mining friendly states, an experienced exploration team, an enviable share structure, and is already delivering results for shareholders.More 652,000 shares changed hands on Feb. 22 as Vancouver-based copper and g...Read More
In light of news events of the past week, Michael Ballanger sat in disbelief as gold traded from $1,976.20 to under $1,890 in one single trading session.This week was arguably the most bizarre in all of my 45 years covering capital markets, and I do not write this lightly.It was so much so that I really do not know where to begin this week's missive. I am not going to talk about the geopolitical t...Read More
Streetwise recently sat down with a veteran miner to learn more about his quest for the red metal that is being used for everything from electric vehicles to wireless communication and energy storage systems.The markets may be turbulent right now, but the price of copper has been steadily climbing for the last several years from $2 a pound in early 2016 to $4.49 a pound on Feb. 28.A conductor of h...Read More
Vancouver-based silver and gold co. is exploring a very high-grade and robust silver ore discovery at its Santa Ana project in Colombia.News Flash, March 2: Outcrop Silver & Gold Corp. on Wednesday announced that it will increase its previously announced public offering to $6 million.The offering consists of units of the company at a price of $0.27 each. Units are made up of one common share of t...Read More
Fiji might be known for its bottled water, but gold production keeps the lights on. Fiji is located on an active tectonic boundary between the Pacific and Indo-Australian Plate, known as the "Ring of Fire." This rift hosts several world-class copper-gold porphyry and epithermal gold deposits. One Vancouver-based junior is tracking at least one more.Porgera. Lihir. Vatukoula. These are the names of...Read More