Wealth Creation Through Natural Resources
We connected with Castle Peak Mining (CAP.V) CEO Darren Lindsay over the phone Thursday afternoon and got an update on the company’s summer work program at its Akorade Project in Ghana. The company put out a press release last week … Continued
Gold Bullion Development: High Grade Million Ounce Gold Call Option in Quebec Gold Bullion Development (GBB.V) is committed to commencing high-grade, low cost production at its 100%-owned Granada Gold Project in northwest Quebec. We had the opportunity to connect with … Continued
We had the opportunity to catch up with 321gold founder Bob Moriarty and pick his brain on where we are at in the mining cycle, what his favorite investments are right now, and several timely macro topics including the Turkish failed … Continued
The 2016 gold mining bull market is one for the record books. The rally which began not even six months ago has seen the GDX rise ~150% while many individual gold miners have risen 500%+. Meanwhile, the move in gold … Continued
Gold is probably the least understood and most confusing investment asset out there. There are so many misconceptions that get repeated over and over again and then become common knowledge even though they are flat wrong; “gold does well in … Continued
A fascinating note and chart of the gold/S&P 500 ratio from All Star Charts: Gold/S&P 500 (Weekly – 6 year chart) “Gold was in a downtrend vs the S&P500 since the highs in 2011 until February when the ratio … Continued
3 charts that paint a picture of a sector that has experienced a tidal wave of fund flows during the first half of 2016 as valuations in the gold mining sector have moved from extreme undervaluation to a mild overvaluation … Continued
Commercial speculators in gold futures are currently at a record net short interest in terms of number of contracts net short, however, it is not a record in terms of notional dollar amount: Gold (Commitments of Traders – 5 year) … Continued
It’s a long way from the salad days of 2011 in the gold mining sector when Castle Peak Mining Ltd (CAP.V) went public and saw its valuation quickly move up to C$80 million without a single drill hole completed at its … Continued
Since the market open last Friday when BREXIT fears were fully setting in and panic was in the air the gold miners as represented by the GDX have actually sold off significantly. Since Friday’s market open GDX is down nearly … Continued