2019 has been an amazing year for the gold and gold mining stocks. However, the recent gold rally is far from over. The fundamental reasons behind an explosive gold run in the future were discussed in an earlier article 8 Reasons to Buy Gold and Gold Mining Stocks. This post is focused on the long […]
Commodities are Extremely Undervalued! New study plotting US equities against raw material prices going back to 1970 points to 112% upside for commodities just to return to trend.
Casey Research published two articles listing 8 reasons why they think we are on the verge of “an epic gold bull market”. Their chief analyst Nick Giambruno believes we are about to see a remonetization of gold, a paradigm shift in the international monetary system, of an order not seen since 1971. Gold skyrocketed over […]
Platinum to Gold ratio has a brief but clear history as a leading indicator for Gold.
Around major bottoms in precious metals, Platinum tends to outperform and lead Gold. Since February Platinum has strongly outperformed Gold while registering an important positive divergence.
Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year, and is likely to top $100 billion as more data becomes available. Unlisted funds raised $2.5 billion for investment in mining last year vs $700 million to buy farmland.
First Mining Gold (TSX: FF) has updated the resource estimate at its Goldlund gold project in northwestern Ontario. The company added 248,700 oz. gold to its indicated resource but lost 628,400 oz. gold from its inferred resource. The project now contains 12.8 million indicated tonnes grading 1.96 grams gold for 809,200 oz. gold. It previously […]
Rubicon Minerals (TSX: RMX) has increased measured and indicated resources by 110% to 589,000 oz. gold compared with the earlier estimate of 281,000 oz. gold. Rubicon Minerals company has started a preliminary economic assessment which it expects to complete by year-end.
Granada Gold Mine (TSXV: GGM) reported that it attained higher grades after running a preliminary gravity separation study on lower-grade, gold-bearing rock from its Granada Gold project in Rouyn-Noranda, Quebec. In a media statement, Granada said that the higher grades attained during the tests may have implications for the grade of future mill feed, the […]
Toronto-based junior Euro Sun Mining’s (TSX: ESM) stock jumped over 20% on Tuesday after the company announced a non-brokered private placement financing of up to 10m units for gross proceeds of up to C$3 million. Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of […]