Midway Gold: Spectacular, Yet Simple 10 out of 10 Fail

May 18

Midway Gold: Spectacular, Yet Simple 10 out of 10 Fail

Well that escalated quickly. Shares of Midway Gold (NYSEMKT: MDW) have collapsed 85% in less than three months. What was supposed to be the best of times [Nevada’s newest gold producer!] turned out to be the worst of times [teetering on default?]. Apparently the Pan Mine wasn’t so “simple” to operate after all. Now I’m no Lukas Lundin or Rob McEwen, but I...

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Strategic Metals Ltd is Gold, Cash, and Land-Rich, but Valued Cheaper Than Dirt.

May 04

Strategic Metals Ltd is Gold, Cash, and Land-Rich, but Valued Cheaper Than Dirt.

As a rule of thumb, most “penny stocks” are worth avoiding. But like most rules of thumb, they aren’t accurate 100% of the time. So don’t be fooled into believing low priced stocks always equal low quality. Warren Buffett says: “We don’t care about size… large cap, giant cap, middle cap, small cap, microcap— it doesn’t make any difference. The only question to us is...

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Thanks to A Lack Of Analyst Coverage This Obvious Growth Catalyst is Being Overlooked — St Andrew Goldfields

Apr 23

Thanks to A Lack Of Analyst Coverage This Obvious Growth Catalyst is Being Overlooked — St Andrew Goldfields

In all likelihood, a small cap value stock by the name of St Andrew Goldfields (TSE: SAS) (OTCMKTS: STADF) will never be noticed or discussed by mainstream financial media. For this I am grateful! Reflecting back: by my teenage years I had first-hand experience with stocks that proved markets were NOT efficient. All those college professors and television talking...

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These 2 Lines from Midway Gold’s Pan Mine Update Scared Investors

Mar 08

These 2 Lines from Midway Gold’s Pan Mine Update Scared Investors

Since publishing a construction update on March 2nd shares of Midway Gold are off 22%. On the surface things sounded great! 3.1 million tons of ore have been placed on the heap leach pad, the water pumps are ramping up to 5,000 gallons per minute, and first gold production is expected within weeks. However, buried within a three page operational outline, these two...

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Six Gold Explorers Priced Below $6 Per-Ounce

Jan 24

Six Gold Explorers Priced Below $6 Per-Ounce

Tomorrow’s production has got to come from somewhere; so what is a reasonable price for gold that’s still in the ground? My goal is not to provide the answer, but simply highlight a metric that can help you sift through the rubble that is the Canadian Venture Exchange. “Price-per-ounce” can be used to value and compare gold exploration stocks quickly....

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This little secret’s almost out, Claude Resources ready to spread wings and fly.

Jan 13

This little secret’s almost out, Claude Resources ready to spread wings and fly.

Since highlighting Claude Resources (TSE: CRJ) (OTCMKTS: CLGRF) on October 11, 2015 here and then again here (can you tell that i have a thing for Claude?), the stock is up a modest 50%. But after crushing buy and hold investors for the past years 4 years, it feels as though new money is just beginning to flow back in. And why shouldn’t new money be jumping...

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