Holy crap! Imagine what a tiny little Exploreco. would do if they announced a new discovery like 66 g/t Au over 25 m.  The stock would absolutely explode, in most cases.  I’d guess we’d be talking market caps in the range of $30 million to $50 million, easily – maybe even a lot more, like $300 million. It’s hard to predict.  Every situation is different, but I think...

You’ve got to like what QMX Gold (QMX, TSX-V) is doing in Val d’Or. Wednesday morning we finally started getting assay results from QMX’s River target, located toward the far western end of their 200 sq. km property. The initial drill program consisted of just 7 holes, but as of now we know the first 3 were quite good (4 holes are pending)!...

That was Eric Sprott talking Balmoral (BAR, TSX) during his weekly wrap-up. Balmoral is an important piece to the overall puzzle because they own approximately 80% of the belt, the Sunday Lake Deformation Zone (SLDZ) that stretches from Kirkland’s (KL, TSX, NYSE) Detour mine to Wallbridge’s (WM, TSX) high-grade Fenelon deposit.  You can’t get from Detour to Fenelon...

Games vs Gamesmanship: What Game Are You Playing? As it relates to the stock market, and specifically the price action of stocks, every so often we hear the term “games” being bandied about.  When price action is all over the place, when we see wild swings UP and DOWN, for what seems like no particular reason people will say “somebody’s playing games” (or something...

“Cash is trash,” says Ray Dalio.  “You have to have a certain amount of Gold in your portfolio.” That was the founder of Bridgewater Associates, the world’s largest hedge fund (not counting central banks), talking his book a little bit while stressing the importance of diversification all within the context of a crowded trade in “cash” at the World Economic Forum in...