GCGX Global Consortium Inc.: Global Consortium Inc. (GCGX) Expands Reach, Building First-Ever Cannabis Mall - The compa - #5439972Read full newsRead More
Can a retirement investment fund such as an RRSP or RRIF really be shored up by investment in just three stocks? Depending on what kind of spread of assets is already held in a portfolio, adding a few strengthening stocks can help to spread the risk while bringing in some welcome passive income. The three stocks below represent the kind of investments that could deliver this type of added stabilit...Read More
While drugs and gold were the two most popular forms of payment for votes in the recent election in India, portfolio manager Elvis Picardo proffers far better reasons for picking a pharmaceutical stock and a gold stock as his two current 'best buys'.Big gains since the lows of December have kept clients confident, hopeful and invested, observes West Coast portfolio manager Elvis Picardo. "It's gre...Read More
Again we will say that Napoleon Bonaparte once advised to "never interfere with an enemy when he is making a mistake." Some gold companies' shareholders may now be making serious mistakes by selling shares in stocks that they have lost patience with yet that is normal in a bear market. They should ask themselves "who is buying?" as there is a strong possibility that they are literally givi...Read More
Agnico increased its position from 9.435% to 19.9% through the acquisition of an additional 26.1 million shares priced at C20c for a total investment of $5.2 million. It now owns 42.5 million shares in Royal Road.In addition, Agnico and Royal Road entered into an investor rights agreement under which Agnico has the right to participate in future equity financings to maintain its pro rata ownership...Read More
Breaker Resources NL (ASX: BRB) is focused on discovering and developing large new gold deposits, hidden by transported cover, in Western Australia's Eastern Goldfields' Super-terrane, where the Company made three separate high-grade gold discoveries in 2016. We learned from Tom Sanders, Executive Chairman of Breaker Resources, that they have been drilling non-stop for the past two years, and have...Read More
Buying shares of a mining company can easily lead to huge returns. If you’re not careful, however, the risks could be as large as any sector of the market.Due diligence is always important, but when looking at mining companies, it’s imperative that you understand what you’re betting on.If you want some help, here are a few hand-picked selections from The Motley Fool team.Teck Res...Read More
"Precious Metals Weekly Round-Up: Gold Heads for Weekly Gain. See this week's other top stories in the sector at https://t.co/NY3Fo6xdal #preciousmetals #investing"Read full newsRead More
"Its always nice to see an old investment still has value..#Momentumstocks25 Things In Your House Right Now That Could Be Worth Money https://t.co/wHAI9RlAwV"Read full newsRead More
In my May 23rd interview with Jim Goddard I tackle some key themes that we have been developing over the past week. I start off the broadcast highlighting the warning sign being sent by the losing streak of the mid-cap-oriented INK Canadian Insider Index versus the large-cap S&P/TSX 60 Index. As we display in the chart below, the INK CIN has not underperformed the 60 this long since the lead up t...Read More
We appear to have quietly passed another landmark in the transformation of U.S. energy production. For the first time ever, the famously coal-centric state of West Virginia last year produced more natural gas, as measured by energy content, than coal.West Virginia hasn't been the biggest coal-producing state for a while; Wyoming, which passed it back in the 1980s, now mines more than three times a...Read More
"IAMGOLD Reports Initial Results from Its 2019 Drilling Program Completed on Lac Gamble Zone of the Rouyn Gold Project, Quebec https://t.co/EZhAgXHcs8"Read full newsRead More
Diversified Canadian miner Teck Resources (TSX:TECK.B)(NYSE:TECK) is one Canadian stock that is vulnerable to a full-blown trade war between the U.S. and China. Recent trade tensions, because of Trump's decision to ratchet up tariffs on US$200 billion of goods from China, have hit the miner's stock hard. It’s down by 25% over the last year.Fears of a trade war reigniteChina, and, more speci...Read More
Gold miners continue to garner a bad rap from many analysts and market pundits because of claims of shareholder value destruction, poor allocation of capital and fraud. One example consistently pointed to by pundits opposed to gold mining stocks as an investment is Colossus Minerals, which filed for bankruptcy in January 2014 after a disastrous foray into Brazil.Some pundits claim that that projec...Read More
After almost a year since the announcement from President Donald Trump, the steel and aluminum tariffs have finally been lifted off Canada’s shoulders. The 25% tariff on steel and 10% tariff on aluminum came after the president cited a section of the Trade Expansion Act of 1962, stating that he could impose a tariff if he believed it threatened national security.Well, luckily for Canada, it...Read More
When was the last time you heard someone complain about how much something costs?When was the last time you complained about how much something costs?If I had to guess, there are at least a few things you buy fairly frequently where you can cite a time they were far more affordable than they are today.It isn't your imagination, of course. Prices creep up all the time and a dollar, as they say, doe...Read More
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Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 203,628114,82383,533167,827275,765454,988474,121 Change from Prior Reporting Period -22,73312,9984,7748,383-20,862-9,576-3,090 Traders 17781835058261193 Small Speculators LongShortOpen Interest 53,65534,522508,643 224-6,262-9,352 non reportable positionsC...Read More
The mid-tier gold miners' stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers' recently-reported Q1'19 results reveal their fundamen...Read More
By: Dave KranzlerElon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model 3, the Company has a "good chance" of exceeding Q4's record deliveries and the production of the Model 3 is close to 1,000 per week.Regardless of the veracity of the production numbers, the new orders and Q2 deliveries...Read More