Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (up 96.38 points to 16,548.72, a record high)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 14 cents, or 2.66 per cent, to $5.40 on 11.6 million shares.Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 22 cents, or 4.92 per cent, to $4.69 on 5.3 million shares.Neovasc Inc. (TSX:NVC)...Read More
When I was a young lad in the late 1970s, my older brother had an Aerosmith concert t-shirt back when they were jacked up on heroin and cocaine. The shirt read "Night in the Ruts" on the front. On the back, the "N" and "R" were crossed out and transposed with a graffiti font, and it read "Right in the Nuts."To my adolescent mind, it was coolest shirt in the known universe, though my brother would...Read More
Avesoro Resources Inc. (TSX: ASO, AIM: ASO) is engaged in the exploration and development of gold deposits in highly prospective and under-explored areas of Liberia, Burkina Faso and Cameroon. The company's vision is to become a premier, mid-tier, West African gold producer and developer. It plans to achieve this in two ways. First, by focusing on resource definition and conversion to expand Miner...Read More
Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Seahawk Ventures Inc. (CSE: SHV) ("Seahawk") increases property holdings in the Urban-Barry mining area by 287% to 49,988 acres with a phased acquisition over 3 years. Seahawk's property holdings will increase from 6,495 to 18,611 hectares with the final acquisition of Skyfall property. The newest acquisition...Read More
Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cornerstone Metals Inc. (TSXV: CCC) (OTCQB: CCCCF) (FSE: 1PY) ("Cornerstone" or the "Company") is pleased to provide a project update on drilling plans, preliminary engineering, metallurgy and environmental studies on its Carlin Vanadium Project, south of Carlin, Nevada.The Company has secured a drill contrac...Read More
Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to announce being able to model historical drill data and define a 400 metre long high-grade nickel target within a 1,200 metre long horizon of semi-continuous nickel mineralization, north of the former pro...Read More
July 10, 2018 (Investorideas.com Newswire) Jack Chan charts the latest moves in the gold markets and sees the potential for a new "bull leg." Our proprietary cycle indicator is now up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term sign...Read More
July 10, 2018 (Investorideas.com Newswire) In a period of economic uncertainty exacerbated by threats of a trade war, Samuel Pelaez, chief investment officer and portfolio manager with Galileo Global Equity Advisors, delves beyond the headlines to discuss the factors that are influencing gold, oil and other commodities, and why he believes we are on the cusp of a once-in-a-lifetime opportunity in...Read More
Waving the White FlagThe price of gold rose two bucks last week, though the price of silver fell 10 cents. We have seen several analyses recently predicting big price drops, in one case by at least $500 in gold by the end of the year.Is this what capitulation looks like? It's said they don't ring a bell at the top, but they don't ring a bell at the bottom either. The give-up moment arrives... [PT...Read More
A Beginning Shift in Gold FundamentalsA previously outright bearish fundamental backdrop for gold has recently become slightly more favorable. Ironically, the arrival of this somewhat more favorable situation was greeted by a pullback in physical demand and a decline in the gold price, after both had defied bearish fundamentals for many months by remaining stubbornly firm. The eternal popularity...Read More
Today's Wall Street Journal contains a couple of charts that illustrate a relationship that's not getting much media attention these days: The fact that tightening labor markets are forcing companies to raise wages, in the process squeezing their own profit margins. Historically this margin compression has been either a cause of or contributor to cyclical turning points — in other words it c...Read More
We've all seen so many investment fads come and go.It's almost mind-boggling to think back on them, partly for the "what were we thinking?" aspect, partly for how much financial news we've read and mostly forgotten about.There were the day traders before the internet was everywhere. Some of them may have held on until the quantitative traders set up shop next to the exchanges and started front-run...Read More
Last week's top-gaining stocks on the TSX were Treasury Metals, TMAC Resources, Osisko Gold, Alexco Resource and Marathon Gold.Read full newsRead More
While every investor dreams of getting in on top-performing mining companies before they balloon, there are a few things to keep in mind along the way. Here are some tips on how to choose a top stock.Read full newsRead More
CloseGain/LossGold $1258.20+$3.10Silver$16.11+$0.08XAU83.28-0.56%HUI178.82-0.22%GDM629.59-0.50%JSE Gold1076.07-6.63USD94.10+0.09Euro117.47-0.03Yen90.26-0.29Oil$73.85+$0.0510-Year2.861%+0.037T-Bond145.15625-0.50Dow24776.59+1.31%Nasdaq7756.20+0.88%S&P2784.17+0.88% The Metals: Gold gained $10.80 to $1265.90 in London before it drifted back lower in New York, but it still ended with a gain of 0....Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort210,483132,15659,665172,917266,067443,065457,888Change from Prior Reporting Period 15,36513,7108,2311,316-49724,91221,444Traders18195964952273206 Small Speculators (C) GoldSeek.com LongShortOpen Interest 51,09936,276494,164 6794,14725,591 non reportable positionsChange from th...Read More
- Italy is EU's ticking timebomb as debt nears EUR2.4 trillion- Italy's GDP is just EUR1.85 trillion; National debt is 132% of economy- Italy is politically dysfunctional at best of times; Now has populist left / right wing government- National debt owed to other EU nations alone is 25% of its GDP- Italy's debt threatens global GDP; May wipe 0.4% off global GDP- Default to create contagion in...Read More
Looking to invest in gold? Here are five basic facts about gold investors interested in the yellow metal should know about.Read full newsRead More
Filo Mining CEO Adam Lundin provides insight into the nuances of being situated on the Chile-Argentina border and shares details regarding the company's PEA-stage project.Read full newsRead More
Venezuelan consumer prices rose 46,305 percent in the 12 months ending in June, the opposition-controlled congress said on Monday, as the crisis-stricken nation's hyperinflation continues to accelerate amid a broader economic collapse.Read full newsRead More