24 November 2024

Tag: Barrick Gold

Equity.Guru’s sub-$20m ExploreCo shortlist: mining microcaps that are fit to follow (part 1 of 2)

When I was a novice investor—a kid barely in his 20’s—the junior exploration arena was a fascinating landscape. It still is. There’s something about buried treasure, and the hunt that goes along with it. Before I made my first trade, I approached the markets with lessons passed down by my old man, a very decent…

21 July 2020
Goldseek Resources (GSK.C) pushing three highly prospective Ontario-Quebec projects aggressively along the curve

In the junior exploration arena, a tight cap structure + low G&A expenses + a technically competent management team + a disciplined approach to exploration + a geologically prospective (mining-friendly) jurisdiction = a prime candidate for an ExploreCo shortlist. The above wish list is a rare combination of elements in this era of blown-out cap…

16 July 2020
The IMF suddenly got very gloomy: what does that mean for the price of gold?

Today, The International Monetary Fund (IMF) released a statement predicting that the global economy will take a $12 trillion hit from the Covid-19 pandemic. $12 trillion is 60% the size of the U.S. economy – or $1,500 for every man, woman and child on the planet. The 189-country organisation says it will take a minimum…

25 June 2020
Guru’s $20M — $80M shortlist of gold and silver ExplorerCos (those with endgame potential)

Apologies for my tardiness. I had planned to put this article up over a week ago. But things have been pretty damn busy here at Guru Central, a clear indication that the next bull wave in mining stocks is upon us. Another indication that it’s game on in the junior arena: Nearly every private placement…

13 June 2020
Nova Gold (NG.T) Chairman invokes The Clockwork Orange in folksy clap-back to short-seller report

the answer to a metals-analyst “when-question” should never include allusions to wine, chickens or pornography (a date would be more instructive).

10 June 2020
Golden Lake Exploration (GLM.C) targets Jewel Ridge in Nevada’s prolific Battle Mountain – Eureka trend

Golden Lake Exploration (GLM.C) is a fairly new entry in the junior exploration arena. It began trading last summer with no real fanfare, until November 2019 when a new acquisition set the stage for a very decent Carlin-type gold play… November 4, 2019 press release: Acquisition of Jewel Ridge Property, Nevada – Strategic “Carlin-Type” Targets…

5 June 2020
2 million new investors are buying stocks on their cellphones

Stuck at home, but armed with online trading apps, individual investors helped drive the historic comeback for stocks

28 May 2020
Guru’s shortlist of producing and advanced stage ExploreCos (those with endgame potential)

“Ball of confusion, that’s what the world is today”. Back in January of this year, we presented a solid case for approaching the broader markets with extreme caution in a piece titled, A “skies the limit” stock market = a house of cards? An excerpt: “Equities appear invincible. Indestructible. It would seem nothing—not a damn…

20 May 2020
Undervalued and underappreciated – our sub $100M market cap junior exploration company shortlist

A translation of this article is available in Chinese at our content partner NAI500 here. The junior exploration arena promises to be a mosh pit of activity in 2020. The merger and acquisition activity we witnessed over the past year demonstrates a growing appetite by gold Producers’—predators if you will—to devour smaller, resource-rich quarry. Why…

26 January 2020
CopperBank (CBK.C): a beautiful copper-mine canary jerks back to life

Something dramatic just happened in the copper markets. It’s worth noting because the funds making these copper bets have teams of geologists and economists on staff. According to the most recent Commitments of Traders Report, three months ago there were about 74,000 collective short copper positions (betting that the price of copper will go down).…

14 November 2019