Wealth Creation Through Natural Resources
The gold mining sector as represented by the GDX has been working on a bottom for the last couple of weeks and there are some subtle, yet constructive signs that a larger rally may be close at hand: GDX (Daily) … Continued
A well funded Yukon gold explorer, Klondike Gold Corp. (TSX-V:KG), announced that it has completed its summer drill program at the Lone Star target in the Canadian Yukon. According to this morning’s press release assay results from the first holes … Continued
The gold miners have seen a ~30% decline from the sector’s August peak. We have been cautious and patient in terms of trying to time a bottom and/or add to gold equity exposure. This week several setups finally met our … Continued
Scientific Metals (TSX-V:STM) is committed to becoming a key North American supplier of critical energy metals. Energy metals used in rechargeable batteries such as lithium, cobalt, graphite, nickel etc. are experiencing surging demand as Tesla ramps up its production schedule … Continued
Select Sands (TSX-V:SNS) is one of the hottest and most undervalued silica sands stocks in the entire market. Last week Select Sands entered into an agreement to purchase a dry processing plant, operating equipment, saleable inventory, and customer lists amongst … Continued
December gold futures have been as low as $1251.50 so far today. We have known that $1250 would be a big level in the event of a correction; the $1250 area served as resistance on numerous occasions throughout February and … Continued
One month ago Bob Moriarty, Founder & Editor of 321gold, stated in no uncertain terms that we were in for a deeper correction in the precious metals space before we would reach a monumental buying opportunity. We ended up with … Continued
Gold is down ~$30/oz and the gold miners as represented by the GDX are taking a beating to the tune of nearly 7%. Investors are beginning to ask themselves some important questions such as, where is the next area of … Continued
With 2016 marking a major reawakening of the gold bull market, gold assets in safe jurisdictions are back in high demand and the scramble to replace reserves among senior producers appears set to reach a frenetic pace. As we have … Continued
One of the best technicians on the planet, J.C. Parets, just laid down a tour de force post on gold & silver on his premium blog site. J.C. is bullish on gold long term and he sees two primary scenarios … Continued