Michael Ballanger of GGM Advisory Inc. looks at how newer generations are affecting the gold market, as well as new developments in the economy and TSX exchange. As I begin to write this week's missive, gold bullion prices are ahead US$17.50. After trading down to a low of US$1,919.85, which is a couple of dollars above the 61.8% Fibonacci retracement level, gold has since recovered nearly US$50/o...Read More
Fabled Copper Corp. has entered into definitive agreements to acquire two lithium properties in Quebec. See why the junior explorer is diversifying.Fabled Copper Corp. (FABL:CSE) announced it has entered into definitive agreements to acquire two lithium properties in Quebec.The agreements for the OHM and Volt 1 properties each have a closing date of June 28, the company said."Once the Northern Que...Read More
McFarlane Lake Mining finds high-grade gold on surface at a future drilling area, and further surface sampling identifies a potential new copper-gold vein. Read on to see how the company plans to grasp this opportunity, including considering the use of AI.McFarlane Lake Mining (MLM:NEO; MLMLF:OTCQB) has announced the results of its surface sampling in the Purdex Zone of the High Lake Property in O...Read More
"Stop the pro-Russia propaganda please, Jim!"That is the earnest plea of reader John W.This John wrote in response to yesterday's reckoning about the Ukrainian situation.In it Jim Rickards drew a sketch unflattering to the Ukrainian image.Jim even suggested that the fellows in Kyiv may execute a "false flag" assault upon the Zaporizhzhia nuclear power plant in Ukraine's Kherson region.They would p...Read More
Goldshore has provided an updated technical report and more information on engineering operations. Read on to see how the company is preparing for future operations.Goldshore Resources Inc. (TSXV:GSHR; OTCQB:GSHRF; FWB:8X00) has provided an update on its Moss Lake Property and the filing of an updated technical report.The Moss Lake project is Goldshore's flagship gold project. The company has also...Read More
Blackwolf Copper and Gold Ltd. has acquired Canadian company Optimum, and made new addition to leadership team. Read on to see how Blackwolf is positioned in a hot copper market.Blackwolf Copper and Gold Ltd. (BWCG:TSX.V) has made three major announcements: one about a change in company management and the acquisition of Optimum, a Canadian-based company.The other came on June 26, when the company...Read More
Crews at Omineca Mining and Metals Ltd.'s flagship Wingdam underground project in British Columbia recover 11 ounces of placer gold flakes and a 1.13-ounce nugget from waste rock material.Crews at Omineca Mining and Metals Ltd.'s (OMM:TSX.V; OMMSF:OTCMKTS) flagship Wingdam underground project in British Columbia have recovered placer gold and a 1.13-ounce nugget from waste rock material.The 11 oun...Read More
The “coup” in Russia is over but there’s a very worrying development going on in Ukraine right now that should frighten everyone.That’s the growing risk of a nuclear war. I’m not being hyperbolic.Let’s break it all down...President Biden is accusing Russian President Vladimir Putin of preparing to use tactical nuclear weapons in Ukraine.The theory is that if Rus...Read More
Fabled Copper Corp. has entered into definitive agreements to acquire two lithium properties in Quebec. See why the junior explorer is diversifying.Fabled Copper Corp. (FABL:CSE) announced it has entered into definitive agreements to acquire two lithium properties in Quebec.The agreements for the OHM and Volt 1 properties each have a closing date of June 28, the company said."Once the Northern Que...Read More
In light of this news, Technical Analyst Clive Maund takes a look at the company's 10-year and 6-month chart to tell you whether he believes it is time to buy.There are two big reasons why White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) looks like an attractive speculative play here. One is that it is sold down to strong support at what looks like a cyclical low. The other is that it is just be...Read More
Michael Ballanger of GGM Advisory Inc. looks at how newer generations are affecting the gold market, as well as new developments in the economy and TSX exchange. As I begin to write this week's missive, gold bullion prices are ahead US$17.50. After trading down to a low of US$1,919.85, which is a couple of dollars above the 61.8% Fibonacci retracement level, gold has since recovered nearly US$50/o...Read More
Bitcoin's done it again.I'm back from the beach and catching up on the charts. It was great to get a little sun and unwind with the fam. But I did miss some important developments in cryptoland...While the major averages took a break last week, Bitcoin exploded off its lows to retake $30K, post new 2023 highs, and, most importantly, keep its bigger comeback rally intact as the third quarter approa...Read More
Barry Dawes of Martin Place Securities reviews the current state of the gold market to tell you where he believes it is headed.Take advantage of June tax loss selling and pick up bargains of a decade.Bond brinkmanship resolved.Yields falling.Fed to follow!Big bond rally to come.Key PointsGoldMarking time for US$ goldBut gold in Yen, Euros, and Sterling still looking strongSeasonally slow in May-Ju...Read More
The big news over the weekend was a coup launched against the Russian government by Yevgeny Prigozhin, leader of the Wagner private military group.Prigozhin and a few thousand of his men crossed into Russia proper and surrounded a Russian military headquarters in the city of Rostov-on-Don.From there, part of Prigozhin's forces formed a convoy and set out for Moscow, about 675 miles away.Russia dep...Read More
Barry Dawes of Martin Place Securities reviews new updates in gold and various currencies as Yen hits a new low.Take advantage of June tax loss selling and pick up bargains of a decade.Key PointsGoldAnother painful month of sideways decline for US$ goldBut gold in Yen, Euros, and Sterling still looking strongSeasonally slow in May-June but stronger into July and beyondThe sentiment is falling away...Read More
One of them showed potential for bonanza grades of gold and silver, noted a Research Capital Corp. report.Outcrop Silver & Gold Corp. (OCG:TSX.V; OCGSF:OTCQX; MRG1:DB) identified three additional high-grade vein targets at its Santa Ana silver-gold project in Colombia, reported Research Capital Corp. analyst Stuart McDougall in a June 20 research note."Although it's still early days, we think thes...Read More
Recently, NevGold Corp. released additional high-grade oxide gold results from its Nutmeg Mountain gold project. Read to view the results and what the gold company has planned for the future.NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE) has released additional high-grade oxide gold results from its Nutmeg Mountain gold project in Idaho. NevGold Corp. is a distinguished exploration and development...Read More
The recipient will use the capital to advance its mining project in Colorado, where it is about to start an expansion drill program, noted a Couloir Capital report.Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) received a major shareholder and substantial funding to advance its La Plata project with Newcrest's US$6.3 million (US$6.3M) strategic investment, reported Couloir Capital in a June 19 r...Read More
Recently, Barsele Minerals Corp. announced it had iniated diamond drilling at its Barsele gold-VMS (volcanogenic massive sulphide) project area in Vasterbottens Lan, northern Sweden. Read to see what experts are saying and what catalysts Barsele has for the rest of the year.Barsele Minerals Corp. (BME:TSX.V; BRSLF:OTCQB) has provided an update on its continued exploration activities within the Bar...Read More
Sometimes, you just get lucky. Gladiator Metals Corp. is enjoying promising results from its first drill program at its Cowley Park project. Gladiator Metals Corp. (GLAD:TSX), formerly Cairo Resources Inc., is a Canada-based exploration company focused on acquiring, developing, and operating mineral properties. The firm's most notable holding is the Koonenberry North Project in New South Wales, Au...Read More