Many bargain hunters are beginning to pull the trigger on metals, mining and exploration stocks. Arguably, as a whole, this sector has never been cheaper. At the quality end of the spectrum, stocks like Goldcorp (NYSE: GG) and Pan American Silver (NASDAQ: PAAS) are selling at decade lows. Each of those are currently paying investors 3-5% annually to hold, while...

Geologically speaking, Ecuador is positioned perfectly along South America’s western border between Colombia and Peru— two destinations with lots of gold in the ground! Both geologists and artisanal miners have known Ecuador to be gold-rich, but its mining laws made doing business there prohibitively expensive. As a result, Ecuador’s mining industry has stagnated...

Kiska Metals (CVE: KSK) (OTCMKTS: KSKTF) is in the business of “prospect generation”. Exploring for precious commodities like gold and copper is a risky business. When you’re right, it’s like winning the lottery. You become a millionaire or billionaire overnight. But when you’re wrong, as 95% or more of exploration companies drilling grassroots projects will be, the...

When exploring for penny stocks that may be worthy of speculation I like to see that high profile investors have skin in the game. No matter how rich already, no one invests because they are interested in losing money. There is always a financial incentive, and if the motive isn’t financial it’s often for “know how” or technological reasons. Do-it-yourself investors...

According to the illustration below, courtesy of Brent Cook’s Exploration Insights, stocks typically follow a life cycle pattern. As you can see, upon discovery, exploration stocks tend to appreciate considerably. When the speculators are finished buying share prices will move lower, consolidating for a few years or more. During the development / construction...

Richmont Mines (NYSEMKT: RIC) released its Q3 earnings November 6th  with another respectable performance. Adjusted net earnings were $4.4M ($0.10 per share) and operating cash flow was $8.5M. During the course of the year Richmont raised its production guidance twice. The first 9 months of 2014 have been better than most full years, both financially and...