Wealth Creation Through Natural Resources
This is an insightful graph of the 90th percentile gold production cash cost curve dating back to 1990: A few takeaways from this graphic: Cash costs nearly quintupled during the bull market years 2002-2012 – this was mainly due to … Continued
WTI crude oil futures are in the process of posting their largest 3-day rally since early 2009. Crude futures are now up ~22% since early Thursday morning’s lows: This morning’s powerful bullish reversal from below $44/barrel to over $48/barrel … Continued
“At a market bottom, falling prices eventually force out large numbers of traders, resulting in volatility and increased volume.” ~ Cory Mitchell (Investopedia) This quote on market bottoms perfectly sums up the gold miners (GDX) during the last couple of years: … Continued
One of the most successful investors in history, Carl Icahn, has taken a roughly 8.5% stake in copper/gold mining giant Freeport-McMoran (FCX). Shares of FCX have been battered in recent months, dropping nearly 70% since early May: Icahn is most … Continued
NXT Energy Solutions Announces Filing of Q2-2015 Interim Results and Upcoming Conference Call Update CALGARY, ALBERTA–(Marketwired – Aug. 27, 2015) – NXT Energy Solutions Inc. (“NXT Energy” or the “Company”) (TSX VENTURE:SFD)(OTCQB:NSFDF) advises that its interim financial and operating results … Continued
After a week of turmoil across global equity markets the U.S. market posted its 3rd best single day gain ever. S&P 500 E-mini futures (ES) are now on the brink of completing a powerful bottoming pattern: Since Sunday evening’s … Continued
The following chart courtesy of BAML helps to illustrate one of the reasons why China has a big problem on its hands: The PBOC (People’s Bank of China) has been complicit in doing everything pump up China’s stock market … Continued
This was a bad week for stocks, a very bad week. Over the next 48 hours other sources of market info/analysis will surely parse through this week’s market decline from 14 million different angles and tell you that we are … Continued
Via Marketwatch.com VANCOUVER, Aug. 18, 2015 /PRNewswire/ – Catalyst Copper Corporation (TSX-V: CCY) (“Catalyst” or “the Company”) announces a private placement of $300,000 with Mr. Richard Warke, President and CEO and a director of the Company and Mr. Frank Giustra, … Continued
Via Marketwatch.com TORONTO, ONTARIO, Aug 18, 2015 (Marketwired via COMTEX) — Arena Minerals Inc. (“Arena” or the “Company”) (AN) is pleased to announce that the Management Committee for the Company’s Joint Venture with Japan Oil, Gas and Metals Corporation (“JOGMEC”) … Continued