5 Themes and Things Natural Resource Speculators Must Take Seriously In 2020

Dec 27

5 Themes and Things Natural Resource Speculators Must Take Seriously In 2020

Five Themes And Things That Should Be Taken Seriously Next Year 1) Jurisdiction Matters Jurisdiction has always mattered, but it goes through phases like anything else.  Sometimes jurisdiction matters more than usual.  And at this moment in time jurisdiction really matters.  The market’s telling us that.  Explorers and miners want to be working and investing in...

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1911 Gold (AUMB, TSX-V) Key Milestones Achieved In 2019:

Dec 21

Key Milestones Achieved In 2019: Operated True North Mill at an average of 1,212 tpd, produced 5,541 ounces Gold (a few months of seasonal production not included), and increased cash position to $8.1 million; Received drill permits and commenced a 10,000+ m program in November. Elephant Hunting: The elephant in the room when talking 1911 Gold is their marketing,...

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QMX Gold (QMX, TSX): Don’t Let Their Sloppy Share Structure Scare Ya!

Dec 09

QMX Gold (QMX, TSX): Don’t Let Their Sloppy Share Structure Scare Ya!

After Eldorado Gold (ELD, TSX) buys 68 million shares of QMX Gold (QMX, TSX) at 6 cents per share, QMX have about 334 million shares outstanding. Yes, that’s a lot of shares.  But once you get past the sloppy share structure there’s a lot to like about QMX.  And the upshot of having lots of shares outstanding, at least in this case, is liquidity. Average daily...

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“I think 2020 will be a very exciting year.” – Brad Langille, CEO GoGold

Nov 24

“I think 2020 will be a very exciting year.” – Brad Langille, CEO GoGold

GoGold (GGD, TSX) “I think 2020 will be a very exciting year.” – Brad Langille, CEO GGD looks to have carved out a nice support base at 60 cents, 3 x higher than where it started the year, and closed the week at 65 cents (up 7%). The Parral Tailings Project continues to deliver quarter after quarter.  GoGold’s basically got this operation running at a steady state...

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Balmoral (BAR, TSX) The market’s expecting good news next week!

Nov 23

We’ve been watching 24 cents like a hawk for several months now, so it sure was nice to see BAR break above that key resistance Friday.  The stock jumped 18% on strong volume with nearly 1.6 million shares traded.  Watch for potential confirmation of the breakout early this coming week.  This means BAR must avoid a “sell on news”, trade strong volume at 25 cents or...

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Some thoughts on the bullish Eskay Creek PEA released last week by Skeena Resources (SKE, TSX-V).

Nov 17

Skeena’s Inferred category resource and PEA – “Inferred” resources are “too speculative” for a firm economic decision (accuracy can be off by plus or minus 30%), but if the numbers are close to being right they obviously look exceptionally good (especially given conservative base case assumptions of $1,325 Gold and $16 Silver). Keep in mind, the PEA is derived from...

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