Wealth Creation Through Natural Resources
There are mounting signs that all is not well with economic growth prospects in 2016. Here are 3 charts that point to a looming recession (we could have added many more….): We are witnessing a drop in rail data that … Continued
A summary of today’s release from NexGen Energy: The best hole drilled to date in the A3 shear at the Arrow Zone with hole AR-15-61c2 returning 10.5 m at 8.52 U3O8 and an additional interval of 37.0 m at 6.30% U3O8 including 15.0 m at 10.10% U3O8, Hole AR-15-61c2 … Continued
As we pointed out on Friday gold in US dollar terms has completed a significant chart pattern bottom with last Wednesday/Thursday’s high volume breakout: Gold (Daily) Meanwhile, market participants couldn’t be more poorly positioned for further upside in gold: … Continued
Last week was a brutal start to the year for equity markets with the S&P 500 falling nearly 6% and the small-cap Russell 2000 shedding nearly 8% in a single week. The longer term structural damage inflicted by last week’s … Continued
This afternoon’s Commitments of Traders report released by the CFTC was surprising in that we learned that small speculators actually increased net short length during the week ending January 5th and large speculators did not significantly increase net length (which … Continued
NexGen Energy (NXE.V) is on the verge of a major breakout from a 6-month bullish flag chart pattern: NXE (Weekly) A breakout above .80 would trigger a measured move target of ~$1.10. The pullback during October/November of last year … Continued
VANCOUVER , Jan. 7, 2016 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company“)(TSXV:NXE, OTCQX:NXGEF) is pleased to announce the winter 2016 drill program has now commenced at the 100% owned, Rook I Property, Athabasca Basin, Saskatchewan . In addition, … Continued
$1.4 trillion in market cap has been erased from global mining equities in the last 5 years: Global equity indices are flashing a relatively rare oversold buy signal: Full-time employee has finally fully recovered from the financial crisis: … Continued
The current commodities bear market is nothing short of the worst 10-year decline since the Great Depression: And the losses only got worse this morning when WTI Crude Oil futures were down more than 5% printing a low of … Continued
Positive news from Kaminak Gold this afternoon as the company released its eagerly awaited feasibility study for its flagship Coffee Gold Project in the Yukon. This is the crux of the report: “At a gold price of US$1,150/oz and an … Continued