Michael Ballanger of GGM Advisory Inc. goes over the current state of the stock market, as he believes that summer doldrums are handing out huge bargains in the junior developers space.I lived in the United States from August 1972 to May 1977, mostly in the City of Saint Louis on a campus surrounded on the south side by Interstate 40 and the other three sides by the second-worst crime-filled ghett...Read More
So-called Normies might be musing, this month of approved mental languor August whether the mighty efforts to suppress news of all kinds, about everything, have concealed the true tendings of our wayward country.These are the tendings that are leading them to wonder whether it is even possible to be a Normie in such an abnormal time and place.What news is suppressed?That the USA is worse than...Read More
When a movie is three hours long, it had better be a timeless epic like David Lean's 1962 masterpiece Lawrence of Arabia or Sergei Bondarchuk's 1966-67 spectacular cinematic rendering of War and Peace.Well, along comes Christopher Nolan and a lengthy opus entitled Oppenheimer.It'sa biography of the brilliant, mercurial American scientist whose fingerprints are all over 20th-century physics, as wel...Read More
Dolly Varden Silver Corp. has drilled so efficiently this summer that it is expanding its campaign at its Golden Triangle project by 10,000 meters with the same budget.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) released initial drill results and announced it is expanding its campaign at its flagship Kitsault Valley gold-silver project in British Columbia by about 10,000 meters to 55,000 met...Read More
This explorer is hoping a nearby project is a good indicator that its site in Nevada's Walker Lane gold trend will mimic a neighbor's success.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) is an exploration company focused on building precious metals resources in Canada and the Western United States.It is exploring its 100%-owned Cuprite Gold project in Nevada's Walker Lane gold trend, starting wi...Read More
Results suggest the recently discovered zone there could be a "ledge," like those mined at a past-producing project in the same historic gold district, noted a Canaccord Genuity report.Dakota Gold Corp.'s (DC:NYSE American) latest batch of drill results from the newly discovered JB zone at its Maitland project in South Dakota are positive, reported Canaccord Genuity analyst Peter Bell in an Aug. 3...Read More
"Markets Will Be Blindsided by Inflation’s Comeback."We were sorting through the indrift of news this morning... when this headline seized us by the throat.Inflation's comeback?Is not inflation in swift retreat? Is not inflation nearly routed and licked?We are informed that it is, and informed of it each day.Inflation (official inflation, that is the caveat is necessary) summited last June...Read More
As youth the Road Runner cartoon show amused us vastly.The Road Runner character would deceive his murderous pursuer Wile E. Coyote over a cliff edge.Yet this Coyote figure would continue his chase for incredible seconds... disobeying gravity's iron laws... unaware of his precarious peril.At this point he'd glance groundward and receive an updated intelligence report.Alarmed and stripped of...Read More
Dakota Gold Corp. announces that partial assay results have extended its JB Gold Zone discovery at its Maitland Gold project in the historic Homestake District of South Dakota by 171 meters.Dakota Gold Corp. (DC:NYSE American) announced that partial assay results have extended its JB Gold Zone discovery at its Maitland Gold project in the historic Homestake District of South Dakota by 171 meters.H...Read More
A national court in Ecuador is suspending the process this company needs to get its bioleaching built because of mining protests. But this company doesn't build mines.The Constitutional Court of Ecuador has suspended a presidential decree unlocking the environmental consultation process for many projects in the country, including green technology company BacTech Environmental Corp.'s (BAC:CSE;BCCE...Read More
New drill results show high grades of polymetallic mineralization in multiple spokes of "a very large system,'" noted a Stifel report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) Deer Trail project in Utah showed instances of extensive, high-grade, polymetallic mineralization at depth on drilling, reported Stephen Soock, Stifel vice president and analyst, in an Aug. 3 research note.Each of the...Read More
Defense Metals Corp. has hired two companies as principal consultants for its preliminary feasibility study (PFS) of its Wicheeda Rare Earth Element (REE) project in British Columbia.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced it has hired two companies as principal consultants for its preliminary feasibility study (PFS) of its Wicheeda Rare Earth Element (REE) project in Bri...Read More
Last week's abrupt stock market drop was just the beginning.Yes, there's probably more pain on the way for the bulls in the weeks ahead. But if you know what to look for and how to play a potential rotation out of the tech leaders and into what's working now you'll have no problem navigating the dog days of summer trading.Let's dive right into the nitty-gritty...The S&P 500 slipped lower b...Read More
Grades in one of these suggests the presence of a copper-rich intrusive porphyry center, noted a PI Financial report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) final phase two drill results from its Deer Trail project in Utah added three zones to the previous Carissa zone discovery, reported PI Financial analyst Chris Thompson in an Aug. 3 research note."We view today's results as positive,"...Read More
You're probably aware that Fitch has downgraded the credit rating of the United States from AAA to AA+. It was big news last week.That's nothing to cheer about, though it's not likely to have much impact on the markets in the short run. It's more of a long-term problem.But it's certainly another straw in the wind showing that the U.S. is on a non-sustainable fiscal course that can only end in defa...Read More
When I talk about the war on cash and a cashless society, some people think I'm exaggerating the threat or they don't take it seriously.But I'm not exaggerating the threat. It's here, it's growing and it'll only get worse. Just look at a nation like Australia, a Western-style democracy similar in many ways to the U.S.It provides a cautionary tale to Americans about where the war on cash is heading...Read More
A national court in Ecuador is suspending the process this company needs to get its bioleaching built because of mining protests. But this company doesn't build mines.The Constitutional Court of Ecuador has suspended a presidential decree unlocking the environmental consultation process for many projects in the country, including green technology company BacTech Environmental Corp.'s (BAC:CSE;BCCE...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of junior mining stocks to tell you where he believes it is all headed.The figure of Mother Goose is the imaginary author of a collection of French fairy tales and, later, of English nursery rhymes. It has been said that her claim to fame was described as "spinning fantastic tales that enraptured children," such as "Sleeping...Read More
There is an entire industry devoted to “why the Roman Empire collapsed,” but the post-collapse era may offer us higher-value lessons.The post-collapse era, long written off as The Dark Ages, is better understood as a period of adaptation to changing conditions, specifically, the relocalization and simplification of the economy and governance.As historian Chris Wickham has explained in...Read More
Canada-based Sanu Gold Corp. has completed Phase 1 drilling at its Bantabaye project in Guinea, West Africa. According to company President and CEO Martin Pawlitschek, the results are "spectacular."Sanu Gold Corp. (SANU:CSE;SNGCF:OTCQB) is a Canadian junior mining, exploration, and development company with interests in three drill-ready gold exploration projects in Guinea. Its projects include the...Read More