Category: Gold
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Delta Resources (DLTA.V) sends more core to the lab – Tocvan (TOC.C) tables positive recovery rates for flagship Pilar project
As gold encounters significant resistance at $1800 and the Fed lets slip that higher interest rates may loom on the horizon, short-term price moves are nearly impossible to predict. Early in the session on May 4th, U.S. Treasury Secretary, Janet Yellen, voiced her apparent preference to pre-empt inflation before the threat turns real, stating, “it…
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Gold Mountain (GMTN.V) on track to break ground at wholly-owned Elk Gold Project near Merritt, BC. plus the “Real” Price of Gold
The real price of gold: While the spot price of gold is struggling to take out resistance at $1800—it’s currently trading at $1,770 as I edit this piece—the REAL price, if you were to go out and purchase a one-ounce American Gold Eagle, is closer to $2k. This steep premium—the disconnect between the spot price…
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Delta (DLTA.V) tags 27.93 g/t over 3.3 meters (including 106 g/t over 0.8 meters) at Delta-2 Project in mining-friendly Quebec
After forming a Double Bottom at key support on March 8th and March 31st, Gold mounted a successful assault on the $1750 line, a bulwark that has kept prices in check for the past month and a half. Gold’s next major hurdle might be the 100 period MA at $1802 and change. The precious metal is…
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Delta (DLTA.V) commences drilling at highly prospective Delta-1 Project in mining-friendly Ontario – updates drilling progress at Delta-2 in Chibougamau, Quebec
Gold is trading with some real conviction as I type this piece in the early session hours of April 15th, taking out key resistance at $1750, tagging multi-week highs… Looking at the Sr. gold stocks, there also appears to be a breakout in the works… Though a select group of companies in the Junior space…
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Gold Mountain (GMTN.V) tags high-grade gold at flagship Elk Gold Project near mining-friendly Merritt, B.C.
Earlier this morn, Gold Mountain (GMTN.V), a Company well on its way to distinguishing itself as BC’s Next Gold producer, released highly anticipated assays from a set of drill holes designed to test the down dip, high-grade vein extensions below the current resource envelope of its 100% owned Elk Gold Project near Merritt, B.C. When…