Wealth Creation Through Natural Resources
Lithium X Acquires Large, High-Grade Lithium Brine Project in Argentina in Joint Venture with Aberdeen International Sal de los Angeles Deposit Has Historical Resource of 2.8 Million Tonnes Lithium Carbonate Equivalent VANCOUVER and TORONTO, March 3, 2016 /CNW/ – … Continued
This week’s copper performance certainly isn’t in agreement with the theory that economic growth is stalling. In fact, during Wednesday’s session copper broke out from a multi-month head & shoulders bottom pattern: Copper (Daily) The breakout from this pattern … Continued
While GDX is on the verge of experiencing a ‘golden cross’ (50-day SMA crossing above 200-day SMA) today’s large bodied bearish engulfing candlestick combined with a bearish MACD cross offers a distinctly bearish flavor: GDX (Daily) Both the bearish … Continued
Despite a ~$70/ounce pullback since trading up to $1263.90 a couple of weeks ago gold futures speculators continued to pile on bullish bets, reaching the highest levels of net speculative length since last October: Large & small speculators combined … Continued
ANNOUCES PRIVATE PLACEMENT TSXV Symbol: NNO Frankfurt Symbol: LBMB Vancouver, B.C., 25 February 2015, Nano One Materials Corp. (“Nano One”) (TSX Venture:NNO), Noram Engineering and Constructors Ltd. (“Noram”) and its subsidiary BC Research (“BCRI”) are pleased to announce that they have … Continued
Everyone has been watching the pennant pattern in gold this week and today it appeared that gold was breaking out to the upside and headed to ~$1300: Gold (Daily) The key word is “appeared”. After trading as high as … Continued
Urbanfibre Delivers Disruptive Internet, Voice, and Broadband Application Products Over its 200km High Speed Fibre-Optic Network Over the Next 12 months in Metro Vancouver and Victoria In October 2015 Telus announced plans to roll out a $1 billion fibre optic … Continued
There are plenty of reasons to turn bearish on gold (huge increase in speculative long interest, bearish seasonality, etc.) after a nearly $200/ounce advance in the space of one month. However, the price action is undeniably strong and the relatively … Continued
Just one month ago shares of Freeport-McMoran (FCX) and Teck Resources (TCK) were plumbing new depths near all-time low levels. What a difference a month makes: TCK has nearly tripled from its January 13th low at $2.56 and FCX has … Continued
