Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index pulled back as low as 1225.65 before bouncing to finish the week at 1237.59 for a gain of 1.15 points.Momentum improved even more visibly, as RSI rose 5 points or 17% to 34 and MACD moved up 2.8 points to -1.19. We will see whether the 28-30 RSI l...Read More
"$gold for the week of Sept 17 - 22nd (Short term) Technically SpeakingLast week action gave the HIGH & LOW for the month (outside reversal week). Bottom line - Closes above 1212 - 1216 favors bulls into Sept 24th -- closes below 1188-1192 favors bears into Sept 24th (+/- 72 hrs)"Read full newsRead More
Securing financing is the most critical component of how junior mining companies survive market downturns and advance exploration projects.Read full newsRead More
In 19 of the past 20 years, spending on CapEx has represented the largest single use of cash by corporations. But not in 2018, in which buybacks have soared by 48% to a record $384 billion during 1H 2018, while spending on capex rose to $341 billion.Read full newsRead More
The following is an edited release from the International Tin Association (ITA) regarding key findings from its 14th annual survey of tin users, which gathered data from tin users worldwide between June and August 2018. The ITA notes that 109 companies took part in its survey, accounting for 38% of estimated global refined tin use.Our latest estimate of refined tin use in 2017 is 362,500 tonnes, b...Read More
It has been a tough first half of 2018 for Labrador Iron Ore Royalty Corp. (TSX:LIF). A work stoppage combined with a range of geopolitical threats, notably Trump's emerging trade war with China, has weighed on its performance and the price of iron ore. However, there are signs that many of the risks are easing, which bodes well for Labrador Iron Ore to start performing strongly during the second...Read More
Cobalt metal.The Democratic Republic of Congo (DRC) is set to declare cobalt a strategic metal, a move that will increase the royalty tax on the metal to 10% from 3.5%.The announcement means a further increase in costs for miners such as Glencore PLC and China Molybdenum Co. Ltd., which have previously been impacted by the implementation of a new mining code in the DRC in June, 2018."Strategic sub...Read More
Titan Mining's Empire State zinc mine in upper New York State, Source: Titan Mining Corp.Titan Mining Corp. [TI-TSX] shares rallied Monday September 17 after naming Don Taylor as the company's new Chief Executive Officer.Taylor most recently served as Chief Operating Officer at Arizona Mining, where he discovered, permitted, and expanded the world-class Taylor deposit in Arizona. That was before t...Read More
VANCOUVER - American Creek Resources Ltd. (TSXV: AMK) is pleased to report final assays from high-grade gold samples that have now been received from the late fall of 2017 sampling program that was conducted at the company's 100% owned Dunwell Mine project located in the Golden Triangle of British Columbia.A total of 30 rock samples were collected from multiple locations on the property, both on s...Read More
The forklift is the Rodney Dangerfield of drivable machines. It gets no respect.The humble forklift is grotesque when compared to the elegance of any consumer vehicle. And it's nowhere near as cool as big tractor-trailers or the giant haul trucks used in mining. I mean, it's just a stupid forklift, right?Most people just see the forklift as a dirty warehouse machine. But this tusked workhorse is a...Read More
Transition Metals Corp (XTM -TSX.V) is a Canadian-based, multi-commodity project generator that specializes in converting new exploration ideas into discoveries. Transition uses the project generator business model to acquire and advance multiple exploration projects simultaneously, thereby maximizing shareholder exposure to discovery and capital gain. Joint venture partners earn an interest in th...Read More
Suspect Predictions, Ill Wishes and Worthwhile Targets of ScornThis price of gold fell three bucks, and the price of silver fell ten cents last week. Perhaps because of the ongoing $150 price drop so far since April, we saw some doozy email subjects and article headlines this week. Panic on the inflation Titanic. [PT] One notable one, from the man who confidently asserted we will have hyperinfla...Read More
September 17, 2018 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce additional drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Highlights of New Drill Results at the Langis ProjectDrill hole LM18-42 intersected 6.00m of 4,719.33 g/t silver and 0.33 percent cobaltDrill hole...Read More
A pair of Colorado School of Mines professors has been awarded $300,000 by the National Science Foundation to design a new kind of membrane that uses gas hydrates to purify natural gas. Moises Carreon, associate professor of chemical and biological engineering, and Carolyn Koh, William K. Coors Distinguished Professor in Chemical and Biological Engineering, are the investigators on the project,...Read More
Osisko Mining (TSX: OSK) has confirmed that a recent discovery at its Windfall Lake gold deposit in Quebec is the real deal, after producing more high-grade intercepts from the new zone it's calling "Triple 8."The company started drilling two exploration holes in May to test the potential for depth extensions of the Lynx and Underdog mineralized zones, and investigate the intrusion-related geologi...Read More
Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) recently tabled a preliminary economic assessment for its Rozino gold project in southeast Bulgaria and as a result will soon earn a 70% in the project.To earn its interest the company must deliver the full report to the property owner, and says it will do so in the coming weeks. The project sits on the Tintyava property, 85 km by road from the town of...Read More
The most recent development work at RNC Minerals ' (TSX: RNX) Beta Hunt mine in Australia has found a 43 kilogram rock specimen containing an estimated 1,100 ounces of gold and a second 7 kg specimen containing about 190 ounces of the precious metal.The company has also doubled the strike length of the high-grade coarse gold structure to about 10 metres, and expects to release an updated estimate...Read More
Just a few months ago, the spot price for copper soared near the $3.30/lb. level and speculators in the space all agreed that copper was the best way to play the mega-trend that is what Outsider Club founder Nick Hodge likes to call "the electrification of everything."Trade wars, a perceived slowdown in the Chinese economy, and big funds taking out short positions have led to a pullback in the spo...Read More
"@clocmbs I am not anti Trump. You can check my thread ----- I posted the chart and forcasted the drop in the USD when the index was still at 100 in March of 2017.The chart below was my thesis and my own political research.In fairness,i should have said republicans - and not Trump."Read full newsRead More
"The overall plan has to be to try & devalue the dollar.(They have no backup plan).Trump was doing fine & dandy until the trade war portion of this cycle erupted this year. USD trend has been down since the peak, and its decision time soon as to whether the downtrend continues"Read full newsRead More