Wealth Creation Through Natural Resources
Yesterday we saw the GDXJ close lower for the 5th consecutive trading session, while also closing below its lower Bollinger Band for the 2nd straight trading session: GDXJ (Daily) Yesterday’s trading session also formed an ‘inside day’ (higher low and … Continued
In June we highlighted 10 stocks that were at the top of our list as potential takeover candidates and which in our estimation had plenty of upside still available to them. So we thought we would update this post with … Continued
Continental Gold (CNL.TO) is rallying back above C$3.00 today as it tests a key resistance zone: CNL.TO (Daily) The support/resistance zone between C$3.00 and C$3.25 represents a crucial test for CNL. A breakout above C$3.25 would complete a 9-month … Continued
Yesterday we asked the question “Sell in May and Go Away in the Goldies?” and today we saw some of the most aggressive selling and bearish candlesticks we have seen in the mining sector in quite some time. Today’s action … Continued
The summer of 2015 will go down as one of the worst summers in history for the gold mining sector. Many gold producers have seen their share prices cut in half since May and it’s safe to say that investor … Continued
This morning Continental Gold (CNL.TO) released its much anticipated updated resource estimate which greatly increased the size and marginally increased the grade of its flagship Buriticá Project. This news is very significant because it makes the economics of the project significantly more attractive, … Continued
We have been all over Continental Gold (CNL.TO) during 2015 and our persistence has rewarded readers who paid attention. Despite a relatively lackluster junior gold sector shares of CNL have performed superbly with a 35%+ gain year-to-date: CNL carved out … Continued
It now seems like eons ago but at the end of last year I published a post titled “6 Big Surprises for 2015” in which I laid out a series of seemingly unlikely market events which I felt were much likelier to occur … Continued
A couple of charts from Dundee Research highlight the relative cheapness of Continental Gold (CNL.TO) shares even after yesterday’s groundbreaking environmental permit approval announcement by its neighbor Red Eagle Mining (RD.V): Continental’s Buriticá project is high-grade and relatively good … Continued
Encouraging comments from Colombian Minister of Mines and Energy Tomas Gonzalez this morning at PDAC sent Continental Gold (CNL.TO) shares soaring 10% before pulling back late in the trading session. Gonzalez stated that Buriticá’s environmental permit could come in May, a couple of … Continued