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...

“This is just the beginning of the story for Scorpio Gold… we maintain profitability in this challenging market, providing us with cash flow to do exploration.” –Steve Roebuck Highlights from interview with Scorpio Gold (CVE: SGN) (OTCMKTS: SRCRF): a) +30,000 ounces gold produced in 2014 so far, target is 40-45,000 ounces for full year b)...

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...

Back on October 7th Claude Resources (TSE: CRJ) (OTCMKTS: CLGRF) announced it mined 20,614 ounces of gold during Q3– its highest quarterly production in history! Claude’s been around for more than a decade too, so it was newsworthy news, and quite the achievement overall. On relatively high volume, it moved up about 20% to 24 cents per share on the news....

Scorpio Gold Corp (CVE: SGN) (OTCMKTS: SRCRF) holds a 70% interest in the Mineral Ridge project with joint venture partner Waterton Global Value L.P. (30%). Gold production for the first nine months of 2014 totals 30,556 ounces, representing an increase of 9.9% over the same period in 2013.  Guidance for 2014 is 40,000 – 45,000 ounces of production at cash...