Category: Resources
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A Guru ClientCo roundup – Delta (DLTA.V), Freeport (FRI.V), and Nomad (NSR.T)
After crossing the $1800 line in recent sessions, Gold’s next hurdle is the $1850 level, and then $1854 (ish), where the 200 SMA and a downtrend line currently reside. This makes for an interesting confluence of resistance… We took a detailed look at the ‘Gold Friendly’ inflationary pressures building under the precious metal in a…
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Gold Mountain (GMTN.V) updates Elk Gold Project resource estimate near mining-friendly Merritt B.C.
Having busted through stubborn resistance at $1800 last week (a hard-fought 10-week high) and after bookending the month of March with a Double Bottom, Gold is holding on to its gains, settling in above that critical $1,800 line. The next stop for the precious metal is the 200 SMA at roughly $1854. Once that level…
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Gold Mountain Mining (GMTN.V) JUST KEEPS KILLING IT – drilling program to widen as stock hits highs and insiders hoard shares
Let’s you and me assume you know nothing about mining, that you’re just a plain average ‘them’, minding your own business, maybe looking for an opportunity to make your cash multiply. Cool. Pleased to meet you. Have you heard about Gold Mountain Mining (GMTN.V)? The summary is thus: Unlike a lot of mining explorers, that…
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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…