Wealth Creation Through Natural Resources
Precious metals have had a strong rally since reaching the worst sentiment on the sector in more than 20 years in mid-December: Gold/Platinum/Silver Performance 12/16/2016-2/23/2017 Silver is up 13.51%, gold is up 10.63%, and platinum is up 10.13%. However, the … Continued
In the heart of the prolific Chibougamau Mining District located in Quebec (a district that has generated over 6.7 million ounces of gold historically) lies a junior gold explorer with a large land package and a highly prospective gold project: … Continued
Implied volatility in gold and oil (as measured by the GVZ and OVX) has begun to collapse in the last couple of weeks, falling to the lowest levels in more than two years: GVX/OVX/VIX (Daily) While gold has steadily moved … Continued
Sandspring Resources (TSX-V:SSP) released assay results from its 2016 exploration program with results from Sona Hill and Wynamu Hill. The results are highly encouraging with SSP drilling 7.51 g/t Au over 21.5m in WYD013 at Wynamu Hill, a very nice near … Continued
British Columbia is home to some of the world’s largest, highest grade precious metals mines. Truly high grade mines (>5 grams per tonne gold equivalent) of substantial scale (more than 1,000,000 ounces gold equivalent) are becoming increasingly rare and highly … Continued
With precious metals and mining shares rallying as Bob Moriarty predicted at the end of December, after the sector reached the worst sentiment in 29 years, we thought it would be a good time get Mr. Moriarty’s latest thoughts on … Continued
Do you remember where you were in May 2006? You’re probably wondering why I am asking this to begin a blog post. Well, May 2006 was an important month in market history. Junior resource stocks put in a major top … Continued
The following quote from the most recent RBC “Commodity Comment” sums up the current gold market environment quite well: “The proliferation of unknowns, inherently difficult to hedge, remains a key reason why we recommend gold allocations and underpins our positive … Continued
Newly formed Leagold Mining (LMC-H.V) made a splash earlier this month with the acquisition of Goldcorp’s Los Filos Mine in Mexico, one of Latin America’s largest gold mines with 2015 production of 272,900 ounces. Leagold was launched on the TSX-Venture in … Continued
