Category: Gold
-
The Golden Triangle – an update on a handful of advanced-stage exploration plays
Junior exploration companies—ExplorerCos, if you will—are high-risk propositions. It can take up to 1,000 grassroots projects to generate 100 targets worthy of a probe with the drill bit. Of those, perhaps five or ten will evolve into development projects. And of that small group, only one will become an actual (profitable) mine. Not great odds.…
-
16 million U.S. workers will die before their debts are paid off
We’ve been hearing about the “global debt crisis” for so long it’s become background noise – like a sherry-soaked auntie babbling about UFOs at Thanksgiving. But if a building has been burning slowly for a long time, it’s legitimate to point out that smoke is still billowing – and there is no fire-truck in sight.…
-
Falcon Gold (FG.V) showing how it’s done, setting the stage for a Red Lake exploration campaign
Falcon Gold (FG.V), a company we featured in some detail a few months back, has been busy positioning itself in a region known as the High-Grade Gold Capital of the World—the Red Lake Mining Camp of Ontario. Recent high-grade discoveries at Great Bear’s Dixie Project in the Red Lake camp have generated a remarkable price trajectory…
-
Nexus Gold (NXS.V) unveils additional high-grade values at Red Lake, preps drill rig for Dakouli, Burkina Faso
Late last week, Nexus Gold (NXS.V) updated us with a welcome (and unexpected) piece of news out of their flagship McKenzie Gold Project in the Red Lake Mining Camp. It was unexpected in the sense that we thought the company had already given up everything there was to give regarding recently acquired 1,348.5 hectare Red…
-
Nexus Gold (NXS.V) Canada’s empty houses are now worth $600 billion – should you sell your house and buy gold?
In 2009, I worked beside a razor-sharp Chartered Financial Analyst (CFA) who was obsessed with the wealth creation opportunities in gold juniors. The dude could read charts like a gypsy reads tea leaves. Bollinger bands? Momentum indicators? Fibonacci Numbers? That was his jam. This same guy really hated the Vancouver real estate market. In fact,…
-
Are CNN’s Chinese reporters playing dumb?
“China’s economic slowdown keeps getting worse,” wrote CNN reporter Laura He on September 16, 2019, “That could give the country incentive to repair its trading relationship with the United States.” Indeed, it could. It could also give China incentive to ban ping-pong or mandate the eating of cheeseburgers on Tuesdays. If China is “slowing down”,…