Category: Resources
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Lancaster Resources (LCR.C) adds a second run at green energy with uranium play
Traditionally, mid-to-large sized public companies stick to their knittting. A biotech company stays in biotech, a weed company stays in weed, a gold company shies away from oil and gas. But the beauty of being a microcap is you can be quick on your feet. Sure, you’ve got yourself a lithium project that checks all…
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To space and back: Hyperspectral tech to be used in lithium exploration at Lancaster Resources (LCR.C)
When I watch a mining-based TV show like those regularly seen on the Discovery Channel, and some mucky-booted, sun-beaten wanderer busts out their trusty gold pan or their metal detector to see if some patch of ground is worth sticking a hole in, I’m always struck by how mining technology hasn’t changed all that much…
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Beyond Lithium (BY.C) shifts from accruing to drilling to monetizing, and you get the savings!
Our friends at Beyond Lithium (BY.C) went on an absolute spree over the last year, accruing more lithium projects in Ontario than any other explorer. We asked repeatedly what they were going to do with all those projects, and they said repeatedly, “We’re going to explore them.” No lithium project supermarket, no sit and wait…
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Uranium price jumps to 16 year highs on supply concerns
The last time I provided an update on the uranium charts was when uranium took out 2022 highs last year. Here are the charts to refresh your memories: I put more emphasis on the second chart, the longer term chart, as a major resistance zone at $75 was to be tested. Pretty much the only…
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Canada’s critical mineral strategy and the wonderful world of magnesium
Canada’s Critical Mineral Strategy, unveiled in December 2022, is a comprehensive plan aimed at bolstering the nation’s critical minerals sector, which is crucial for the green and digital economy. The strategy is backed by a substantial investment of $3.8 billion, as allocated in the federal budgets of 2021-2022. It lays the foundation for Canada’s industrial…
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Markets slip as oil prices gain 01-09-24
The TSX edged down this morning to 20992.21. TSX Venture also fell slightly to 554.52 and the CSE Composite joined this negative run to 171.62. Despite this market pessimism, oil prices rebounded slightly with WTI Crude rising 2.57% to $72.59 USD per barrel. Information Technology made the most progress this morning on the TSX. Invesque…
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QC Copper and Gold (QCCU.V): a golden exploration opportunity in Quebec?
Chapais-Chibougamau is a major character in Canada’s mining story. Recognized as the second-largest mining district in Quebec’s portion of the Abitibi belt, Chapais-Chibougamau produced approximately 1.57 million tonnes of copper and 176.1 tonnes of gold, along with significant amounts of silver and zinc from 1953 to 2008. One notable discovery in the region, the Troilus…