Category: Resources
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![Fortunes won and lost in Oil’s recent volatility]()
Fortunes won and lost in Oil’s recent volatility
NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract. If you think you know oil, and you fancy yourself a nimble trader (and are looking for some pick-your-jaw-off-the-floor price action), the “Texas light sweet” WTI contract—ticker symbol CL—is the most efficient way to trade this madhouse…
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![Gold (GLD.NYSE): Is the U.S. too broke to fight another war?]()
Gold (GLD.NYSE): Is the U.S. too broke to fight another war?
A $6.4 trillion price tag, means that adventures-in-the-middle east cost each U.S. tax-payer USD $42,000. The median U.S household has only $11,700 in savings. 29% of U.S. households have less than $1,000 in savings.
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![Death by Drone and a volatile metal]()
Death by Drone and a volatile metal
It’s been a tumultuous start to this new year and decade. Clearly, there’s a rage in the air. A drone strike that took out Qassem Soleimani, the leader of the Quds Force of the Iranian Revolutionary Guard, sent shock waves across the planet. This drone hit, in retaliation for the killing of an American contractor…
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![Gold tags $1500 as 2019 draws to a close]()
Gold tags $1500 as 2019 draws to a close
A translation of this article is available in Chinese at our content partner NAI500 here. Gold is ending the year with a better than 17% gain, a move that has more than a few traders, fundamental and technical alike, glued to their screens, waiting for the (inevitable) assault on the $1560.00 – $15070 level. The…
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![Nexus Gold (NXS.V) tables plans to drill Red Lake project]()
Nexus Gold (NXS.V) tables plans to drill Red Lake project
Nexus put out news loyal shareholders really wanted to see—a plan to mobilize a drill rig to the heart of the Red Lake Mining District. The company’s 1,348.5-hectare Mckenzie Project is well-positioned in the famous mining camp, flanked by the likes of Newmont-Goldcorp (NGT.T), Yamana (YRI.T), Pure Gold (PGM.V) and Premier Gold (PG.T). Previous exploration…
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![The Cusp, the little Birds, the Falcon (FG.V)]()
The Cusp, the little Birds, the Falcon (FG.V)
Since our last dose of bullish commentary a few sessions back, the precious metal is still consolidating its dramatic gains registered earlier in the summer, but is in the process of testing higher ground, trading near the top of its range. In a recent Guru offering, we detailed many of the underlying fundamentals supporting the…
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![Ceylon Graphite (CYL.V) up nearly double since shift to production]()
Ceylon Graphite (CYL.V) up nearly double since shift to production
No resource, no multi-million dollar raise, no problem. Ceylon Graphite (CYL.V), which has taken the unusual (in mining circles) decision to just freaking start digging, rather than go through eight years of behind-protection, triangulation, and capital raising first, is up 20% today as the first containers fill with graphite and execs chase down end user…
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Falcon Gold (FG.V) is a tiny little bet on a big fat gold region
Close-ology is a mining term used to describe companies that are close to another company that is running red hot, and may justifiably make the case that they can be hot too. For some, like serial ring-staker Ryan Kalt, close-ology is a business model. The moment someone announces they’ve found something interesting in Dildo, Newfoundland…
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Ceylon Graphite (CYL.V) moves into production – no, you heard that right… PRODUCTION
One of the things that pisses a lot of investors off about the resource sector is, the confluence of events most investors are looking for – revenues in and a smaller amount of expenses out – you know, ‘actually doing business’ – rarely occurs, because so few resource deals ever move into actual production.
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![Defense Metals (DEFN.V) tags 4.01% LREO over 58 meters – locked and loaded for 2020]()
Defense Metals (DEFN.V) tags 4.01% LREO over 58 meters – locked and loaded for 2020
Without skipping a beat, Defense Metals (DEFN.V) extended its winning streak delivering exceptional REE values from their Wicheeda Rare Earth Element (REE) Project in the Prince George region of mining-friendly British Columbia. The final two holes from their 2019 drilling campaign boast the following assays: Have you ever heard of Efficient Market Theory? It doesn’t…
