Wealth Creation Through Natural Resources
A Fresh 33-month closing low in the TSX-Venture yesterday and this post by @Vaughan on CEO.ca got me thinking. Why be invested in this sector at all? TSX-V (Daily – 1 Year) I’ve seen some pretty remarkable things over the last couple of months, … Continued
After beginning 2018 with great optimism and a strong rally right out of the starting gate, the junior mining sector has fallen on hard times. The TSX-Venture Composite is the worst performing global stock exchange of 2018 with a nearly … Continued
2018 has been a challenging year across financial markets, however, no where has it felt worse than owning a bunch of TSX-Venture listed junior resource stocks. The TSX-V is down more than 20% year-to-date and it is currently the worst … Continued
Copper mining grades have dropped to the lowest in history while the world hasn’t seen a major copper discovery in more than a decade. The world’s largest copper producer, Codelco, has seen its copper grades decline nearly 20% in the … Continued
The uranium exploration & production sector has been heating up in recent weeks led by industry leader Cameco whose shares have shot up more than 20%: Uranium spot prices have also been on a roll, rising to nearly US$30/lb for … Continued
Every once in a while a story explodes out of nowhere and takes the market by storm. In 2017 it was Garibaldi (TSX-V:GGI) and Novo (TSX-V:NVO). This year it looks to be Great Bear Resources (TSX-V:GBR) and Westhaven Ventures (TSX-V:WHN). … Continued
Spences Bridge Gold Belt explorer Westhaven Ventures (TSX-V:WHN, OTC: WTHVF) delivered a gold-laden halloween treat to investors this morning. Westhaven reported hole SN18-15 from its Shovelnose Project in southern British Columbia, Canada; 18-15 returned 46.20 meters of 8.95 g/t gold (Au) and … Continued
321gold founder Bob Moriarty has been calling for a broader market crash to occur in October for the last few months. With the turmoil we’ve seen across global markets in the last couple of weeks it looks like Bob’s prognostication … Continued
We are seeing something that’s never before happened in gold futures; commercials (producers, swap dealers, etc.) are getting longer (net long 25,866 contracts or slightly more than US$3 billion), while managed money futures traders (hedge funds, CTAs, etc.) are getting … Continued
Three weeks ago when GDX was trading around $17.90 I wrote a post titled “Why I Bought Gold Miners Today” in which I presented the concept that the gold miners were potentially all “sold-out” and ripe for a rally. Since that day … Continued