Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) has announced the upsizing of its previously disclosed equity financing due to higher-than-expected demand. Read about how the shares will be offered and what the funds will be used for.Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) has announced the upsizing of its previously disclosed equity financing due to higher-than-expected demand. A maximum of 27,000,000 s...Read More
As Sanu Gold Corp. (SANU:CSE; SNGCF:OTCQB; L73:FRA) explores its three strategically located gold projects, Expert John Newll explains why be thinks it is well-positioned to capitalize on Guinea's untapped potential and the growing global demand for gold.Sanu Gold Corp. (SANU:CSE; SNGCF:OTCQB; L73:FRA), a Canadian junior mining exploration company, is making significant strides in Guinea, West Afr...Read More
Malcolm Shaw of Hydra Capital Partners shares some recent favorites in his stock list.Gold is bouncing around near record highs of $2500/ounce, while copper was been under pressure due to recession fears. Oil is trading at around $70-75/barrel depending on the week, and North American natural gas is stuck in the low 2's... in contrast to much higher European gas prices.Hedge funds are reportedly m...Read More
Silver X Mining Corp. (AGX:TSX.V; AGXPF:OTC) reported a strong financial performance for Q2 2024, with revenue reaching US$6.2 million. This marks a 31% increase compared to Q1 2024 and a 34% increase from Q2 2023. Read about the company's focus moving forward amid these results.Silver X Mining Corp. (AGX:TSX.V; AGXPF:OTC) reported a strong financial performance for Q2 2024, with revenue reaching...Read More
Expert John Newell details why he thinks Aftermath Silver Ltd. (AAG:TSX.V; AAGFF:OTCQX; FLM1:FRA) might be worth looking into.Investors might consider investing in Aftermath Silver Ltd. (AAG:TSX.V; AAGFF:OTCQX; FLM1:FRA) due to its strategic focus on developing world-class silver resources in Chile and Peru, regions known for their rich mineral deposits and favorable mining jurisdictions.The compa...Read More
The return potential for investors of this newly public firm, already with royalties in its portfolio, is 285%, noted a Couloir Capital report.Silver Crown Royalties Inc. (SCRI:CBOE) captured the interest of Couloir Capital which initiated coverage on it with a Buy rating and a CA$31.20 per share fair value, reported analyst Tim Wright in an August 29 research note. The target implies a 285% upsid...Read More
Gold ETFs are improving, and silver has broken out of a cup-and-handle pattern. Ron Struthers believes this is very bullish in the long run. He expects we could see a test of $50 this year or early 2025, and looks at two stocks that just had a merger he thinks will benefit.In the week ending August 31, the advance figure for seasonally adjusted initial jobless claims was 227,000, a decrease of 5,0...Read More
No amount of wishful thinking and baseless proclamations will change that. Owning gold stocks (miners) instead of the actual physical metal (in other words, processed and refined with appropriate hallmarks and in tradable form) is a losing bet. Investors should ignore the siren song of gold mining shares.At their highs last week, gold stocks had increased eighty percent from their lows just two ye...Read More
No amount of wishful thinking and baseless proclamations will change that. Owning gold stocks (miners) instead of the actual physical metal (in other words, processed and refined with appropriate hallmarks and in tradable form) is a losing bet. Investors should ignore the siren song of gold mining shares.At their highs last week, gold stocks had increased eighty percent from their lows just two ye...Read More
So, the GDXJ plunged about 5%yesterday, and it refused to get back up, even though goldprice did. Continuationof GDXJ Decline LikelyWhat a demonstration of weakness!After the vertical plunge, the GDXJsimply paused. This simply confirms what I wrote previously – that this is NOTthe end of the decline, it’s just an acceleration in it.My yesterday’s comments on the likelyh...Read More
The term "woke" entered general circulation after George Floyd's dying and the fantastic cultural tumults that ensued.To be woke?To awaken to justice of the social variety.To awaken to the mishandling of Blacks by whites, of women by men, of the sexually heterodox by the sexually orthodox.Each governing institution of American society rubbed the sand from its previously slumbering eyes... and woke...Read More
So, the GDXJ plunged about 5%yesterday, and it refused to get back up, even though goldprice did. Continuationof GDXJ Decline LikelyWhat a demonstration of weakness!After the vertical plunge, the GDXJsimply paused. This simply confirms what I wrote previously – that this is NOTthe end of the decline, it’s just an acceleration in it.My yesterday’s comments on the likelyh...Read More
In light of recent newsflow, Technical Analyst Clive Maund explains why he thinks Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) is an Immediate Strong Buy.The news flow for Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) has generally been very positive since the Spring, and so it is obviously paradoxical that its stock price has accelerated to the downside despite this. We will...Read More
The final record of decision regarding this past-producing operation is due to be completed by the end of this year, noted a ROTH Capital Partners report.Perpetua Resources Corp.'s (PPTA:TSX; PPTA:NASDAQ) Stibnite gold project in Idaho may become the U.S.' sole domestic source of antimony, the need for such intensified by China's imminent export restrictions on the metal, reported ROTH Capital Par...Read More
Remember the Aug. 5 mini-crash? Well, investors apparently don't. It seems like a distant memory at this point, as the "buy the dip" theme is a deeply entrenched force in today's market.Well, I'm afraid that this Wednesday, Aug. 28, they're about to get a stark reminder. Only this time, it'll be far worse. Today, I'll show you why.First off, why are stocks going up? The simple answer is that the m...Read More
I've been thinking about throwing my laptop out the window and sailing away to a deserted island this week to skip the NVDA earnings circus.That's probably not a practical idea. I can try to run but there's no way to avoid the most popular tech stock on the market revealing exactly how much the AI boom has grown over the past three months.It's going to be another noisy week as the three-ring fin...Read More
As the price of gold continues to soar to new highs and talk of a bull market builds, all eyes are on a project and company in Canada bought for a cash premium by a major South African mining company. Read on for some comparable stocks that may or may not see a windfall.As the price of gold continues to soar to new highs and talk of a bull market builds, all eyes are on a project and company in Ca...Read More
In light of its recent news, Technical Analyst Clive Maund takes a look at StrikePoint Gold Inc.'s (SKP:TSX.V; STKXF:OTCQB) to explain why he believes it is an Immediate Strong Buy.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) performance has not been everything I had wanted it to be since it was recommended on two occasions earlier this year, the main reason for this being drilling results relea...Read More
StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced it has acquired the Hercules Gold Project in Nevada's prospective Walker Lane Gold Trend, which also contains it flagship project, Cuprite. Read why one analyst calls the stock right now a "golden opportunity."StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced it has acquired the Hercules Gold Project in Nevada's prospective Walker Lan...Read More
Years ago as an intern in D.C., and long before the agencies all locked their doors to visitors, I had the occasion to putter around the Department of Transportation and the Department of Housing and Urban Development.These were obviously not normal workplaces. To my amazement, they were mostly dark, empty and quiet, and the employees did not seem in the slightest bit busy doing anything at all. I...Read More