Share this article VANCOUVER - MAG Silver Corp. [MAG-TSX, NYSE American] signed a definitive arrangement agreement to acquire all of the issued and outstanding common shares of Gatling Exploration Inc. [GTA-TSXV; GATGF-OTCQB] in an all-share transaction. Each Gatling shareholder will be entitled to receive 0.01702627 of a common share of MAG Silver for each share of Gatling held.The consideration...Read More
"A golden bait hung temptingly out before the people, and one after the other, they rushed to the tulip-marts, like flies around a honey pot. Nobles, citizens, farmers, mechanics, sea-men, footmen, maid-servants, even chimney-sweeps and old clothes-women, dabbled in tulips."- Charles Mackay, Extraordinary Popular Delusions and the Madness of CrowdsIn the mid-1600s, tulips had become all the rage i...Read More
Financial Survival Network, Released on 3/11/22It's no longer a stock market, it's a commodity market.Oil is going between $150 to $250.Natural gas cycles are higher.Stock markets have peaked and are going lower, the Ukraine War has little to do with it. It's all in the cycles.Commodity stocks are going through the roof. Play them through ETF'sWheat is in a major upswing.Real estate may peak, but...Read More
Wealthion, Released on 3/11/22For Part 1 of this interview, CLICK HEREBonds, stocks, real estate - nearly every asset class is in a speculative price bubble claims legendary investor and hard assets guru Jim Rogers in Part 2 of our recent interview with him. Commodities are the one exception. Even after the dramatic price spikes seen recently in oil, gas, wheat, gold, silver, etc - Rogers still ca...Read More
Kinesis Money, Released on 3/11/22In this week's Live from the Vault, Andrew Maguire unpacks the geopolitical after-effects of sanctions against the Russian Central Bank, and the resulting global shortfall in physical gold and silver supply. The lifelong wholesaler goes into granular detail on the growing discordance between physical silver and paper SLV positions, delineating a massive arbitrage...Read More
Harry S. Dent Jr., Released on 3/11/22Economist Harry Dent talks about the financial superbubble and how to know when the stock markets have reached the first crash in the longer-term crash of a lifetime.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and s...Read More
Quoth the Raven, Released on 3/11/22Andy and I have a conversation about the evolution of the global economy as a result of sanctions on Russia and the potential for Russia and China to challenge the U.S. dollar's reserve status. Andy also talks about the nature of COMEX and the LME running into force majure situations. This podcast is a must listen. Andy Schectman is the President and CEO of Mile...Read More
Financial Survival Network, Released on 3/11/22Summary: The Ukraine/Russia circumstances are having a large impact on the markets, and I have Bob Hoye on the show to give historical insight on why this is happening and what we can expect in the near future. When we look at the past, these sort of uprisings have taken a long time to resolve diplomatically, and the pain of the recession will be the...Read More
Armstrong Economics, Released on 3/11/22The three obstacles to the Great Reset were Trump, Russia, and China. Continue... Armstrong: A Very Convenient Coincidence added by Herman James on 03/11/2022View all posts by Herman James ?+'Read More
TF Metals Report - Twitter, Released on 3/11/22Oh my gosh. What in the actual fuck?This broad is utterly freaking useless and one heartbeat away from being POTUS.#WereAllDoomed pic.twitter.com/Wrv52MTY29- TF Metals Report (@TFMetals) March 11, 2022 We're All Doomed: Kamala embarrasses herself and our country (again) added by Herman James on 03/11/2022View all posts by Herman James ?+'Read More
The Silver COMEX is now being attacked for metal by...by Harvey Organ of Harvey Organ Blog//GOLD UP $11.55 TO $1995.70 AND SILVER IS UP 39 CENTS TO $25.93 WITHSTANDING ANOTHER RAID ORCHESTRATED BY THE CROOKED BANKS//GOLD STANDING FOR MARCH ADVANCED BY ANOTHER HUGE QUEUE JUMP OF 86,700 OZ (2.686 TONNES)//NEW STANDING FOR MARCH: 32.087 TONNES WHICH IS HUGE MORE A NON ACTIVE DELIVERY MONTH//SILVER OZ...Read More
Gatling shareholders will receive 0.01702627 of a MAG share for each Gatling share held, which values Gatling at about C40c per share, representing a premium of about 47.4%.Read More
In Q4, the diversified company reported revenue of US$327.7 million, which is up 8% year on year. Net income rose 25% to $327.7 million, or $1.16/share, while adjusted net income was flat at $163.Read More
Wesdome produced 123,843 ounces of gold, up 37% from the previous year. This includes 101,403 ounces at its Eagle River complex in Ontario, Canada.Read More
Base metals on the London Metal Exchange were up across the board on the morning of Friday March 11, albeit with nickel on the LME still suspended.On the Shanghai Futures Exchange most of the metals were stronger, although August nickel was down by 9.6%. On balance, the metals seem to be taking a timeout after all the recent gyrations. US CPI rises 7.9% in February, compared with February 20...Read More
The fine relates to the mine reducing the level of the water from the surface by than 25cm and since 2005, exceeding the maximum acceptable decrease that vegetation in the area can withstand.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 45 points in pre-opening trade.The Canadian Dollar added 0.23 to US78.54 cents following release of Canada's February Employment Report at 8:30 AM EST. Consensus was a drop in the February Unemployment Rate to 6.2% from 6.5% in January. Actual was a drop to 5.5%. Consensus was an increase in February employment was an...Read More
Wyloo Metals has approved a $4.9 million drill program to explore the West Raglan project in northern Quebec's Nunavik region as part of its earn-in agreement with Orford Mining (TSXV: ORM). Wyloo, run by Australian billionaire Andrew Forest, aims to drill about 2,500 to 3,000 metres at West Raglan this year and will focus on the Frontier, Beverly and Boomerang zones. Last year Orford identif...Read More
MAG Silver (TSX: MAG; NYSE-A: MAG) is acquiring Canadian junior Gatling Exploration (TSXV: GTR) in an all-share deal.Gatling shareholders would receive 0.017 of a MAG common share for each Gatling share held, valuing Gatling at approximately $0.40 per share. The share consideration reflects a 49.1% premium relative to the company's closing price on the TSX Venture Exchange on March 10 and a 47.4...Read More
The New York-quoted equity of Wheaton Precious Metals Corp. (Nasdaq: WPM: TSX: WPM) fell on Friday after the company overnight reported lower earnings and revenue, missing analyst forecasts for the fourth quarter of 2021.Unphased by the equity performance, president and CEO Randy Smallwood tells MINING.COM in an interview, the company is generating strong free cash flow. WPM reported nearly $200 m...Read More