Michael Ballanger of GGM Advisory Inc. shares his thoughts on American Eagle Gold Corp.'s stock to explain whether he believes it is a Buy.Note the action on American Eagle Gold Corp. (AE:TSXV) with a print just a penny below the all-time high at CA$0.50 on 618,176 shares volume on a day when everything was in the red. I continue to pound the table on this issue as the NAK discovery is real and bi...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on American Eagle Gold Corp.'s stock to explain whether he believes it is a Buy.Note the action on American Eagle Gold Corp. (AE:TSXV) with a print just a penny below the all-time high at CA$0.50 on 618,176 shares volume on a day when everything was in the red. I continue to pound the table on this issue as the NAK discovery is real and bi...Read More
Michael Ballanger of GGM Advisory Inc. shares one stock he believes is a one-stop-shop for copper and gold investors.Freeport-McMoRan Inc. (FCX:NYSE) is the world's largest producer of molybdenum, is a major copper producer, and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.If you are a copper and gold bull (as I am), you have to like the idea of "one-stop-shopping"...Read More
Dakota Gold Corp. recently announced positive drill results, according to Agentis Capital.Dakota Gold Corp. (DC:NYSE American) announced positive drill results from its Richmond Hill project in South Dakota's Homestake district, according to a January 31 research note from Agentis Capital analysts Michael Gray and Jake Savage.The eight holes contained high-grade rare earth element (REE) mineraliza...Read More
LONDON, 1 February 2024 - This month's Lunar New Year holidays in China could offer Western investors the chance to buy gold on a dip in price, says leading US financial news-site MarketWatch today, quoting analysis from BullionVault. While China's surging private-household gold demand "shows no sign of letting up," says the report, "Western investors who want a dip in the gold price to start ad...Read More
Several resource companies provided preliminary fourth-quarter results, with mostly misses on guidance (notwithstanding higher production), higher costs, and weak outlooks for 2024. Global Analyst Adrian Day believes market reactions were overdone, however, making for some very good buys.Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) reported higher production in the fourth quarter when it released preli...Read More
Dakota Gold Corp. announced the discovery of important rare earth elements (REEs) at its Richmond Hill Gold Project in the historic Homestake District of South Dakota. See why this could open new economic and permitting opportunities for the company.Dakota Gold Corp. (DC:NYSE American) announced the discovery of important rare earth elements (REEs) at its Richmond Hill gold project in the historic...Read More
Technical Analyst Clive Maund takes a look at Soma Gold Corp.'s 6-year, 18-month, and 6-month charts to explain where he believes it is headed. With its gold production set to ramp up substantially this year and in years to come so that increasing revenues rapidly reduce outstanding debt, the outlook for Soma Gold Corp. (SOMA:TSX; SMAGF:OTCMKTS) could scarcely be brighter. With AISC (all-in sustai...Read More
Idaho Strategic Resources Inc. saw record gold production in 2023, according to a Roth MKM research note.In a January 29, 2024 research note, Roth MKM analyst Mike Niehuser reiterated a Buy rating on Idaho Strategic Resources Inc. (IDR:NYSEAMERICAN) with a US$9 price target. The Idaho-based mining company has seen record gold production at its Golden Chest Mine while advancing rare earth elements...Read More
Michael Ballanger of GGM Advisory Inc. takes a current look at the state of the stock market and shares some stocks he has been keeping an eye onThere are many famous quotes passed down over the years by hundreds of investment gurus and while I think that reprinting witticisms conjured up by self-anointed messiahs is disingenuous at best, I use them as a token of respect for the author. I love to...Read More
MAG Silver Corp. has announced production totals from the fourth quarter and 2023 for its new Juanicipio mill in Mexico. Find out why one analyst is "impressed" by its performance.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) has announced production totals from the fourth quarter and 2023 for its new Juanicipio mill in Mexico, which reached nameplate status during Q3.Juanicipio processed 346,766...Read More
LONDON, 31 January 2024 - Comment from BullionVault features today in a report on last year's global gold demand from the Financial Times, the UK's financial newspaper of record."Blistering demand from central banks also helps keep yellow metal above $2000 per Troy ounce," says the FT.Read the full story, including BullionVault's comments, in today's newspaper or at FT.com here:Chinese investors b...Read More
The quarterly operational results overall, all from the firm's joint venture mine in Mexico, were in line with forecasts, noted a BMO Capital Markets report.Production at MAG's Silver Corp. (MAG:TSX; MAG:NYSE American) joint venture Juanicipio project with Fresnillo in Q4/23 met the expectations of BMO Capital Markets, analyst Kevin O'Halloran reported in a January 24 research note."Throughput con...Read More
Technical Analyst Clive Maund takes a look at Defense Metals Corp.'s 5-year, 15-month, 4-month, and 2-month charts to explain why he believes it is an Immediate Speculative Buy.Given the excellent and improving fundamentals for Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE), it is rather surprising that its stock is not already a lot higher than it is. The core of the story is that the co...Read More
One of the companies behind this project, now offering a 105% return on investment, is poised for a rerating, noted a Roth MKM report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) Q4/23 production results slightly missed Roth MKM forecasts, but other factors made up for it, analyst Joe Reagor reported in a January 24 research note."While Q4/23 production was somewhat below our estimates, this wa...Read More
Chris Temple of The National Investor shares why he believes Seabridge Gold Inc. is one to watch. If you are bullish on the future prospects of copper and gold (and somewhat different drivers are uniquely behind each, as I'll be explaining further in the coming days), then there's no way you can't be as table-pounding bullish as I am on Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT).And you'll underst...Read More
Michael Ballanger of GGM Advisory Inc. takes a current look at the state of the stock market and shares some stocks he has been keeping an eye onThere are many famous quotes passed down over the years by hundreds of investment gurus and while I think that reprinting witticisms conjured up by self-anointed messiahs is disingenuous at best, I use them as a token of respect for the author. I love to...Read More
Technical Analyst Clive Maund takes a look at Soma Gold Corp.'s 6-year, 18-month, and 6-month charts to explain where he believes it is headed. With its gold production set to ramp up substantially this year and in years to come so that increasing revenues rapidly reduce outstanding debt, the outlook for Soma Gold Corp. (SOMA:TSX; SMAGF:OTCMKTS) could scarcely be brighter. With AISC (all-in sustai...Read More
LONDON, 30 January 2024 - Analysis from BullionVault of how China's world-leading gold demand is impacting global gold prices is posted today by Aktien Check, Gemany's leading publisher of financial data and regulatory documents for the financial markets.Read the full story, in German, at Aktien Check here:Chinas Goldrausch 2024: Starker Start ins Jahr des Drachen beeinflusst den Preis f?r westlic...Read More