Category: Friday Forensic
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Volt Lithium Corp (VLT.V): Zeroing in on production without exploration spend/risk
A month ago I heard a pitch in a small boardroom in Vancouver. The room was packed to the gills with money guys, brokers, and dealmakers. And William McClain. Anyone who can read can go research Volt Lithium (VLT.V), the company that was pitched that day, but the reports you find online won’t tell you…
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Brazil Potash (GRO.NYSE) bets big on domestic supply as global potash politics simmer
Disclaimer: This article has been paid for by Brazil Potash. See disclosures at the bottom of the page. The world is in turmoil. Decades old trade deals are out the window. Agreements you could bank on, that you could set your retirement money to, risk being shattered into pieces on political whims. Love him or…
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Prospera Energy (PEI.V) with no money to pay creditors, buys chairman Shubham Garg’s debt
In what can only be labeled as one of the most tone deaf and literally self serving deals of the year, Prospera Energy (PEI.V), which we’ve chronicled here plenty as a giant bad debt on wheels, has announced an ‘aquisition’ of White Tundra Petroelum, otherwise known as ‘the chairman’s problem.’ For the uninitiated, Prospera owes..…
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Prospera Energy (PEI.V)’s big corporate evolution: From incompetence to dishonesty
Every junior markets public company goes through an evolution or five in the first few years of their life. It’s natural. Any time you’re expected to get from ‘adventurous idea’ to profit quickly, with a daily scorecard on your back and short sellers and day traders and brokers rummaging through your pockets any tme you…
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Friday forensic: Searchlight Resources (SCLT.V) finds uranium and REEs right where they figured they’d be
In a recent update, Searchlight Resources Inc. (SCLT.V) has announced the results of their mobile metal ion (MMI) surveys conducted on the Kulyk Lake uranium and rare earth project, roughly 75 km northwest of La Ronge, Saskatchewan where, lo and behold, they found. uranium and rare earth elements. This is not a surprise. It’s good…
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Saga Metals Corp (SAGA.V): Set to go public as Rio Tinto JV drops
NOTE TO READER: This is an article about a mining exploration company and I know that’s going to make half of you cross your eyes in expectation of weird terminology and technical talk. I hear you, so here’s my commitment to you; take the time to read and I promise you I’ll explain things in…
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Mining for beginners: 13 explorers that’ll teach you the biz
I’ve been meaning to do a story like this for a while, to help folks that can see the commodities markets are blowing up and would like to get in on some higher risk, higher upside opportunities. It’s tough to get into resource investing from scratch. Indeed, before you make money on resources you almost…
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Bargain of the Day: $7m Standard Uranium (STND.V) has $31m in cash and commitments
I’m going to run through a list of assets that the $7m market cap explorer Standard Uranium (STND.V) has in its portfolio right now, and you can stop me when you think I’m making things up or it’s just too bananas to follow without laughing. Let’s go. 11 projects around the prolific Athabasca Basin, including:…
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Alaska Energy Metals (AEMC.V) sets a price base as new projects come into the fold
Smallcap resource explorers go through phases. Everyone likes to think investors jump on and never get off, riding one ticker all the way to production, but that’s just not true in practice. Some investors like the early ‘roulette wheel’ stages, where share prices move in half cent increments that offer 20+% gains. Some don’t want…
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GoldON Resources (GLD.V) is a low downside, crazy upside play on the back of Great Bear and West Red Lake
This year, the hot gold stock – the one everyone has heard of and a lot of people have made money on – is West Red Lake Gold Mines (WRLG.V). Though it’s come off the heat in May after a double since November, West Red Lake is a bona fide beast – a Frank Giustra-fueled…
