Category: Scribes
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![Gold Mountain (GMTN.V) hits 2.4 meters grading 20.2 g/t gold – 1-million ounce resource in sight]()
Gold Mountain (GMTN.V) hits 2.4 meters grading 20.2 g/t gold – 1-million ounce resource in sight
Yesterday, the gold price fell $40 to $1,778 after Federal Reserve Chair Jerome Powell told the U.S. Senate that the U.S. central bank may soon stop printing money. It perked up to $1,789 by 6 a.m. Vancouver time this morning (December 1, 2021). “At our next meeting, it is appropriate for us to discuss whether…
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![Wellfield Technologies (WFLD.V) goes public, brings wave of DeFi interest with it]()
Wellfield Technologies (WFLD.V) goes public, brings wave of DeFi interest with it
The final stage of a long acquire-and-go-public process reached completion for Wellfield Technologies (WFLD.V) Tuesday, as the de-fi roll up that has been attracting financial heavy hitters behind the scenes this past year received its go-ahead go-public nod. The recent grouping of Israeli firms Seamless Logic and Moneyclip Inc, with 1290447 BC Ltd, is now…
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![Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room – a Guru roundup (Part 3)]()
Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room – a Guru roundup (Part 3)
I’m trying hard to ignore last Friday’s market shocks—the extreme volatility and downward price chart trajectory triggered by a new variant of the coronavirus. To prevent this piece from going all Madison Cooper, I’m cutting right to the chase. A list of ExploreCos with sub-$20M market caps (M thru V) Once again, this is NOT a…
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![Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room – a Guru roundup (Part 2)]()
Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room – a Guru roundup (Part 2)
In early October, there were indications that an important bottom was forming in the precious metals arena. The following excerpts are from a (timely?) article I put up on October 4th—Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room – a Guru roundup (Part 1) (click on the…
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![Gold Mountain (GMTN.V) hits more high grade intercepts at Elk Gold Project]()
Gold Mountain (GMTN.V) hits more high grade intercepts at Elk Gold Project
According to Daniel Fisher, the CEO of Physical Gold, bullion is becoming a popular gift for family members and friends. A year ago – in the midst of the pandemic – gold buying jumped 2,000% on his platform. “We couldn’t pick up the phone fast enough,” Fisher told Quartz. “Some people wanted to pass down…
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![5 great silver companies]()
5 great silver companies
20 months ago, silver was selling for $12 an ounce. After surging briefly to $29/ounce it’s currently trading at $23/ounce. Silver is considered a hedge against money-printing. “Referred to as the ‘poor man’s gold,’ silver is generally levered to the price of gold,” states Max Greb, a Shanghai-based portfolio manager, “When gold goes up silver…
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![Azincourt (AAZ.V) cues up its winter drill program]()
Azincourt (AAZ.V) cues up its winter drill program
“After years of stagnant prices, a 37% rally in prices for nuclear fuel uranium has helped attract investors back to the sector,” reported the Financial Times six weeks ago, “The price of raw uranium, known as yellowcake, rose to its highest level since 2012.” Uranium spot price is up about 30% from one year ago…
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![Mineworx (MXW.V) extracts platinum and palladium from catalytic converters – as metal prices soar]()
Mineworx (MXW.V) extracts platinum and palladium from catalytic converters – as metal prices soar
A catalytic converter is an exhaust emission control device that converts toxic gases and pollutants in exhaust gas into less-toxic pollutants. Two of the key rare metals found in catalytic converters are palladium and platinum “Catalytic converter theft, a crime that has been happening for decades, is surging as thieves take advantage of a spike in…
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![Mineworx (MXW.V) extracts platinum and palladium from catalytic converters – as metal prices soar]()
Mineworx (MXW.V) extracts platinum and palladium from catalytic converters – as metal prices soar
A catalytic converter is an exhaust emission control device that converts toxic gases and pollutants in exhaust gas into less-toxic pollutants. Two of the key rare metals found in catalytic converters are palladium and platinum “Catalytic converter theft, a crime that has been happening for decades, is surging as thieves take advantage of a spike in…
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![Gold Mountain (GMTN.V) hits high grade intercepts on Elk Gold Project]()
Gold Mountain (GMTN.V) hits high grade intercepts on Elk Gold Project
My cousin once had a brief conversation with Dolly Parton. He subsequently announced that, “She was the least disappointing celebrity I’ve ever met.” A lot of investors are starting to feel that Gold Mountain Mining (GMTN.V) is the least disappointing gold developer they’ve ever met. In a sector that tends to over-promise and under-deliver –…
