Reading through the news release Monday morning, the first thing we learn is that a Letter of Intent was signed February 14. My initial reaction was oh, how sweet, Valentine’s Day!  Balmoral (BAR, TSX) and Wallbridge (WM, TSX) sitting in a tree, K-I-S-S-I-N-G! Two love birds finally unite as one! Perfect Hollywood ending to a rom-com that began tragically....

It was also a breakout week for Fiore Gold (F, TSX-V)! “We have a strategic plan for the Los Ricos district which includes consolidation of concessions and drilling for ounces.  With the completion of the latest concession acquisitions and our financing, we will be adding drill rigs and accelerating our exploration to showcase the Los Ricos district to be one of the...

I’ve found higher-highs and higher-lows to be one of the best predictors of future price movement when looking at long-term charts. Trump Eyes U.S. Opportunities In Ecuador After a decade or more where capital was leaving the country, capital for exploration and mining activities started arriving in Ecuador in 2018.  As a “new” industry it’s taken some time to work...

Everybody wants 5-baggers and 10-baggers, and they want ’em now! Patience isn’t exactly a strong suit for most traders and investors. Well, Galway already provided a 6-bagger for some shareholders.  It happened fast, too.  GWM skyrocketed from 10 cents to 60 cents between April and August of 2016. Since then GWM hasn’t advanced whatsoever in terms of stock price...

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)!...