The return potential for investors of this newly public firm, already with royalties in its portfolio, is 285%, noted a Couloir Capital report.Silver Crown Royalties Inc. (SCRI:CBOE) captured the interest of Couloir Capital which initiated coverage on it with a Buy rating and a CA$31.20 per share fair value, reported analyst Tim Wright in an August 29 research note. The target implies a 285% upsid...Read More
Gold ETFs are improving, and silver has broken out of a cup-and-handle pattern. Ron Struthers believes this is very bullish in the long run. He expects we could see a test of $50 this year or early 2025, and looks at two stocks that just had a merger he thinks will benefit.In the week ending August 31, the advance figure for seasonally adjusted initial jobless claims was 227,000, a decrease of 5,0...Read More
The term "woke" entered general circulation after George Floyd's dying and the fantastic cultural tumults that ensued.To be woke?To awaken to justice of the social variety.To awaken to the mishandling of Blacks by whites, of women by men, of the sexually heterodox by the sexually orthodox.Each governing institution of American society rubbed the sand from its previously slumbering eyes... and woke...Read More
No amount of wishful thinking and baseless proclamations will change that. Owning gold stocks (miners) instead of the actual physical metal (in other words, processed and refined with appropriate hallmarks and in tradable form) is a losing bet. Investors should ignore the siren song of gold mining shares.At their highs last week, gold stocks had increased eighty percent from their lows just two ye...Read More
Remember the Aug. 5 mini-crash? Well, investors apparently don't. It seems like a distant memory at this point, as the "buy the dip" theme is a deeply entrenched force in today's market.Well, I'm afraid that this Wednesday, Aug. 28, they're about to get a stark reminder. Only this time, it'll be far worse. Today, I'll show you why.First off, why are stocks going up? The simple answer is that the m...Read More
In light of its recent news, Technical Analyst Clive Maund takes a look at StrikePoint Gold Inc.'s (SKP:TSX.V; STKXF:OTCQB) to explain why he believes it is an Immediate Strong Buy.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) performance has not been everything I had wanted it to be since it was recommended on two occasions earlier this year, the main reason for this being drilling results relea...Read More
The final record of decision regarding this past-producing operation is due to be completed by the end of this year, noted a ROTH Capital Partners report.Perpetua Resources Corp.'s (PPTA:TSX; PPTA:NASDAQ) Stibnite gold project in Idaho may become the U.S.' sole domestic source of antimony, the need for such intensified by China's imminent export restrictions on the metal, reported ROTH Capital Par...Read More
I've been thinking about throwing my laptop out the window and sailing away to a deserted island this week to skip the NVDA earnings circus.That's probably not a practical idea. I can try to run but there's no way to avoid the most popular tech stock on the market revealing exactly how much the AI boom has grown over the past three months.It's going to be another noisy week as the three-ring fin...Read More
As the price of gold continues to soar to new highs and talk of a bull market builds, all eyes are on a project and company in Canada bought for a cash premium by a major South African mining company. Read on for some comparable stocks that may or may not see a windfall.As the price of gold continues to soar to new highs and talk of a bull market builds, all eyes are on a project and company in Ca...Read More
In light of recent newsflow, Technical Analyst Clive Maund explains why he thinks Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) is an Immediate Strong Buy.The news flow for Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) has generally been very positive since the Spring, and so it is obviously paradoxical that its stock price has accelerated to the downside despite this. We will...Read More
StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced it has acquired the Hercules Gold Project in Nevada's prospective Walker Lane Gold Trend, which also contains it flagship project, Cuprite. Read why one analyst calls the stock right now a "golden opportunity."StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced it has acquired the Hercules Gold Project in Nevada's prospective Walker Lan...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of copper and shares one stock he is currently holding.USD Index futures are up 0.133% this morning with 10-yr. yields flat and 30-yr. (+0.12%) yields slightly lower.Gold (+0.13%) is up while silver (-1.31%) and copper (-2.64%) are lower.Oil is down 0.97%. Stocks are headed lower while risk barometer Bitcoin is down 1.34% to...Read More
Given the miner's recent achievements at the project and adequate funding, VSA Capital believes the plan is doable, it wrote in a report.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) moved up guidance for reaching a commercial production rate at its La Guitarra mine in Mexico to Q4/24 versus Q1/25 previously, and on the news, VSA Capital raised its target price on the producer, reporte...Read More
Newsletter Update In light of its recent news, Technical Analyst Clive Maund takes a look at StrikePoint Gold Inc.'s (SKP:TSX.V; STKXF:OTCQB) to explain why he believes it is an Immediate Strong Buy.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) performance has not been everything I had wanted it to be since it was recommended on two occasions earlier this year, the main reason for this being dri...Read More
Silver Crown Royalties Inc. (SCRI:CBOE) has announced its intention to grant transaction bonuses to certain officers and directors following the companys successful going-public transaction and subsequent listing on the Cboe Canada Inc. exchange. Read about what this move says regarding the company's present and future goals.Silver Crown Royalties Inc. (SCRI:CBOE) has announced its intention to gr...Read More
CHEYENNE, Wyo., Sept. 4, 2024 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to provide the following update on the CK Gold Project engineering and updated Prefeasibility Study progress.With the approval of the Mine Operating Permit on April 29, 2024, work on the Prefeasibility Study (PFS) update resumed in June 2024. As a re...Read More
Years ago as an intern in D.C., and long before the agencies all locked their doors to visitors, I had the occasion to putter around the Department of Transportation and the Department of Housing and Urban Development.These were obviously not normal workplaces. To my amazement, they were mostly dark, empty and quiet, and the employees did not seem in the slightest bit busy doing anything at all. I...Read More
Operational highlights include material progress with the shift to conventional mining methods. Read on to learn more about the company's assets and plans for each.Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) announced its Q2/24 and H1/24 results, and they reflect the impacts of the El Bagre mill closure and the ongoing transition to conventional mining methods at Cordero, noted a news relea...Read More
Aspiring presidential nominee Harris has gurgled about price controls on food.Yesterday we shouted harshly against them.We argued that price controls brought with them economic maladies far worse than their supposed cures.Specifically, that shortages are their inevitable fruit their sour fruit.Yet reader J.B. seized his ruler... and rapped us sharply upon the knuckles.He believes your editor is...Read More