ORENINC INDEX - Monday, March 19th 2018Last week index score: 26.73This week: 40.03 Prospero Silver (TSXV:PSL) discovered a new gold & silver-bearing epithermal vein system during a three-hole drill program at the Pachuca SE project in Hidalgo, Mexico.Avrupa Minerals (TSXV:AVU) said its C$500,000 private placement financing is fully subscribed.The Oreninc Index surged in the week ending M...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS 70.07 M OF 1.79 G/T GOLD AT THE SECRET PASS DEPOSIT STERLING GOLD PROJECT, NYE COUNTY, NEVADANorthern Empire Resources Corp. has released drill results from the Secret Pass deposit, within the company's 100-per-cent-owned Sterling gold project located in Nye county, Nevada.Hole IDFromToLengthAu(m) (m) (m) (g/t)SP18-003C* 152.86222.93 70.071.79includi...Read More
As a result of the negative correlation between the U.S. dollar and gold prices, a weakening U.S. dollar would mean that we could expect rising gold prices, and a strengthening U.S. dollar would mean that we could expect falling gold prices.Typically, when the U.S. dollar loses value, investors look for alternate investments to store value.The opposite of Bitcoin, which is trading at US$8,493.02,...Read More
Dr. Quinton Hennigh reportsNOVO PROVIDES AN EXPLORATION UPDATE FROM COMET WELL Novo Resources Corp. has provided an update of exploration activities at Comet Well, part of Novo's greater Karratha gold project located in the Pilbara region of Western Australia. Trenching, bulk sampling and scout diamond drilling are currently under way, and the first results from recently collected bulk samples are...Read More
Mr. Nav Dhaliwal reportsBONTERRA CONTINUES TO DEMONSTRATE CONTINUITY OF THE GLADIATOR GOLD DEPOSIT INTERSECTING 16.9 G/T GOLD OVER 6.5 MBonterra Resources Inc. has released initial results from the continuing winter drilling campaign at the Gladiator gold deposit, including an intersection of 16.9 grams per tonne gold over 6.5 metres. High-grade intersections from four recent drill holes continue...Read More
We all know by now that marijuana has taken over the United States and Canada.The U.S. market is projected to be a $14.5 billion business this year.Canada is opening its doors for full regulation this summer, and is slated to bring in around $10 billion. Those are both massive markets, and I'm heavily exposed to each. But that isn't what I'm excited about right now. I'm waiting for the entire glo...Read More
China is the world's biggest gold producer, accounting for 15% of global output.And in 2017, its production tumbled 9% - a record drop.This is not a typical occurrence.In fact, it's only the second time since 1980 (37 years) that China's gold output has fallen. But since 2016, authorities in Beijing have increased their scrutiny of gold mining. That's led to broad closure of smaller mines in the c...Read More
The latest trends in the market have been down, signaling a new phase in which investors are more tepid, says Kevin O'Leary, Chairman of O'Shares ETFs, and star of the hit TV show "Shark Tanks." "You can start to see the old days are back, everything old is new again, volatility's back, and investors have a chance to decide everyday whether to get in or out based on the tone of the market, which...Read More
Gold is trading under pressure today, currently trading off by $7.80 and fixed at $1,310. As of 4:51 PM Eastern standard time, gold prices have given up all of yesterday’s gains and closed at below yesterday’s open.However, yesterday’s gains, as well as today’s selloff, have been a direct result of dollar strength and dollar weakness.Monday's moderate gains resulted in a $2...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS 70.07 M OF 1.79 G/T GOLD AT THE SECRET PASS DEPOSIT STERLING GOLD PROJECT, NYE COUNTY, NEVADANorthern Empire Resources Corp. has released drill results from the Secret Pass deposit, within the company's 100-per-cent-owned Sterling gold project located in Nye county, Nevada.Hole IDFromToLengthAu(m) (m) (m) (g/t)SP18-003C* 152.86222.93 70.071.79includi...Read More
ORENINC INDEX - Monday, March 19th 2018Last week index score: 26.73This week: 40.03 Prospero Silver (TSXV:PSL) discovered a new gold & silver-bearing epithermal vein system during a three-hole drill program at the Pachuca SE project in Hidalgo, Mexico.Avrupa Minerals (TSXV:AVU) said its C$500,000 private placement financing is fully subscribed.The Oreninc Index surged in the week ending M...Read More
Mar 20, 2018 Guest(s): Kevin O'Leary The latest trends in the market have been down, signaling a new phase in which investors are more tepid, says Kevin O'Leary, Chairman of O'Shares ETFs, and star of the hit TV show "Shark Tanks." "You can start to see the old days are back, everything old is new again, volatility's back, and investors have a chance to decide everyday whether to get in or out...Read More
Dr. Quinton Hennigh reportsNOVO PROVIDES AN EXPLORATION UPDATE FROM COMET WELL Novo Resources Corp. has provided an update of exploration activities at Comet Well, part of Novo's greater Karratha gold project located in the Pilbara region of Western Australia. Trenching, bulk sampling and scout diamond drilling are currently under way, and the first results from recently collected bulk samples are...Read More
Energy Fuels Inc (TSE:EFR, NYSE:UUUU) shares nudged higher as it today outlined "bridges" of opportunity to increase primary production from its US uranium mines as market conditions improve.In a letter to shareholders, new president and chief Mark S. Chalmers, pointed out that the group has a portfolio that is unmatched in the US uranium industry in terms of production scalability, licensed and p...Read More
(Kitco News) - Gold and silver prices were moderately lower in early afternoon U.S. trading Tuesday,pressured by a stronger U.S. dollar index on this day and some chart-based selling.Gold hit a three-week low, while silver prices notched a three-month low. April Comex gold futures were last down $7.10 an ounce at $1,310.70. May Comex silver was last down $0.165 at $16.16 an ounce.Themarketplace is...Read More
The next move for gold prices may not please the bulls, who are likely betting for the return of stock market volatility boosting sentiment around the yellow metal. "In the last four gold selloffs, greater than average volume occurred across the entire futures chain while front month gold prices held support -- this suggests new longs and accumulation in the lower $1300's," says Bank of America...Read More
Mr. Nav Dhaliwal reportsBONTERRA CONTINUES TO DEMONSTRATE CONTINUITY OF THE GLADIATOR GOLD DEPOSIT INTERSECTING 16.9 G/T GOLD OVER 6.5 MBonterra Resources Inc. has released initial results from the continuing winter drilling campaign at the Gladiator gold deposit, including an intersection of 16.9 grams per tonne gold over 6.5 metres. High-grade intersections from four recent drill holes continue...Read More
(Kitco News)- Gold has fallen to a three-weeklow as the Federal Reserve starts a two-day monetary policy meeting; however,one bullion firm said that it sees some buoyancy in the precious metals,despite the threat of higher interest rates.Although gold prices are testingsupport just above $1,300 an ounce, analysts at Degussa said that the currentprice could represent an attractive entry point for i...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Even with its gains on Tuesday, the S&P 500 remains more than 150 points below its all-time high reached on Jan. 26.The Dow Jones Industrial Average remains nearly 1,900 points below its all-time high, also reached on Jan. 26.Oracle shares dropped nearly 10% on Tuesday. Facebook fell by 2.5%. Wall Street Overview Stocks rebounded on Tuesd...Read More
Base metals prices on the London Metal Exchange closed lower across the board on Tuesday March 20, with copper falling to a new 2018-low. The three-month copper price closed 1.4% lower and hit a low of $6,730 per tonne earlier in the day - the lowest since December 14, 2017. "This comes amid broad-based downward pressure across the industrial metals, chiefly owing to a weaker global risk appetite...Read More