Wealth Creation Through Natural Resources
Sienna Resources is one of three companies who have acreage in the deep section of the Clayton Valley Lithium Basin Nevada’s Clayton Valley has become the world’s hottest lithium zone since Tesla proclaimed that its mammoth Gigafactory would source 100% of … Continued
Post transaction, Jericho to have more than 75,000 net acres in core focus area TULSA, OK and VANCOUVER, BC, Aug. 8, 2016 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO; OTC: JROOF) announces its affiliate Eagle Road Oil, … Continued
Simple is usually more effective. The following line chart of GDX simplifies things and highlights the important stuff (trend and relative strength): GDX (Daily) Important observations from this chart: Trend is clear, from the lower left to the upper … Continued
A small oil & gas explorer which we have been following since the end of 2015, Jericho Oil Corporation (TSX-V: JCO), announced a new USD$30 million Senior Secured Revolving Credit Facility with East West Bancorp. This is East West’s first … Continued
It’s difficult to find a sector that is more out of favor than uranium. Uranium spot prices have fallen to levels which are unprofitable for many producers on an all-in cost basis: Uranium Spot Price (2010-2016) Meanwhile the world’s … Continued
For the last 3 week U.S. equities have traded in a historically extreme narrow trading range; heading into today’s session the S&P 500 had spent the last 13 trading sessions trapped within a .74% trading range. Today the tightest trading … Continued
April 15th, 2013 is a day that gold bulls would like to forget, but likely cannot forget. After nearly 3 1/2 years the GDX is on the verge of revisiting ‘the scene of the crash’ by way of filling the … Continued
Trump just won the real estate agent/mortgage broker/home builder vote with the following tweet this morning: As is customary with Trump there are no specifics in how he plans to reverse this powerful downtrend in the U.S. homeownership rate. … Continued
The gold miners as measured by GDX are up nearly 120% year to date as they enter what is the best two month period of the year for the sector historically. Using the NYSE/Arca Gold Bugs Index (HUI) we can … Continued
Since the post-BREXIT volatility spike (which lasted for two trading sessions) a funny thing has happened, volatility has completely collapsed. The Russell 2000 is on streak of 13 trading sessions within a ~2% trading range with several trading sessions seeing … Continued