Wealth Creation Through Natural Resources
Today we witnessed an important breakdown in small cap equities as represented by the Russell 2000 (IWM): IWM (Daily) After spending the last three months hammering out a significant top characterized by substantial momentum divergences the Russell 2000 broke … Continued
“I have been in the industry for 30 years and I have never seen a project with as much indigenous support as Sabina’s back river project.” ~ Sabina CEO Bruce McLeod Sabina Gold & Silver (SBB.TO) is a straightforward and compelling … Continued
The gold miners as represented by the GDX continue to consolidate within a relatively narrow range just below the largest volume-by-price bar of the year: GDX (Daily) The correction of the last couple of months against the backdrop of … Continued
After rallying since July Treasury yields have been forming a bullish consolidation during the last couple of weeks. The 10-Year Treasury Note yield in particular has pulled back to a key area of confluence from which the next leg higher … Continued
Permitting challenges caused shares of Sabina Gold & Silver (SBB.TO) to tumble lower in June. However, savvy mining investors will have noticed that Sabina insiders have had a voracious appetite for SBB shares in recent weeks with insiders acquiring nearly … Continued
The gold mining sector as represented by the GDX has been working on a bottom for the last couple of weeks and there are some subtle, yet constructive signs that a larger rally may be close at hand: GDX (Daily) … Continued
A well funded Yukon gold explorer, Klondike Gold Corp. (TSX-V:KG), announced that it has completed its summer drill program at the Lone Star target in the Canadian Yukon. According to this morning’s press release assay results from the first holes … Continued
The gold miners have seen a ~30% decline from the sector’s August peak. We have been cautious and patient in terms of trying to time a bottom and/or add to gold equity exposure. This week several setups finally met our … Continued
Scientific Metals (TSX-V:STM) is committed to becoming a key North American supplier of critical energy metals. Energy metals used in rechargeable batteries such as lithium, cobalt, graphite, nickel etc. are experiencing surging demand as Tesla ramps up its production schedule … Continued
Select Sands (TSX-V:SNS) is one of the hottest and most undervalued silica sands stocks in the entire market. Last week Select Sands entered into an agreement to purchase a dry processing plant, operating equipment, saleable inventory, and customer lists amongst … Continued