25 December 2024

Tag: Battle Mountain-Eureka Trend

Golden Lake (GLM.C) price explodes after tagging bonanza grade gold and silver at Jewel Ridge Project in mining-friendly Nevada

Early in the going on February 23rd, Golden Lake (GLM.C) lifted a trading halt after dropping a weighty headline: Golden Lake Reports “Bonanza” Grade Discovery in Hole Jr-20-DD12 from Jewel Ridge Property, Nevada, Including 24.54 Meters Averaging 9.16 g/t Gold and 65.8 g/t Silver, Including 3.23 Meters Averaging 57.16 g/t Gold and 452.0 g/t Ag…

25 February 2021
Sentinel Resources (SNL.C) advances Australian gold project; Golden Lake Exploration (GLM.C) reports anomalous silver and gold values

On Thursday, February 4, 2021 gold fell into a funk as April gold futures traded at USD $1,788 an ounce, down 2.5% on the day. Meanwhile, the World Gold Council (WGC) reported that gold-back ETFs increased by 13.8 tonnes in January, 2020 although the price of gold dropped 1.3% that month. “We believe investment demand…

5 February 2021
Why did Pfizer’s (PFE.NYSE) vaccine news kick gold in the gonads? Under $20-million gold juniors in focus: BRG.V, FRE.V, GLM.C, SNL.C, TOC.C, XTT.V

“Basically, we are seeing an unwind of the trade we have been building up for the last six months,” he said. “But there is still plenty of uncertainty to support gold’s new regime. A vaccine is positive news, but it doesn’t change the narrative.”

10 November 2020
An Equity Guru sub-$20M ExplorerCo roundup – the companies on our shortlist (part 2)

‘-The grind goes on as gold and silver continue to consolidate. Over the past two weeks, gold is finding willing buyers below $1,900 and determined sellers above $1,920. This sideways price action may continue until the November U.S. election is in the rearview mirror. If the election is contested…? Let’s not go there. Once again,…

25 October 2020
Golden Lake (GLM.C) buys a new gold project in British Columbia

The Copperview project surrounds the MPD Property owned by Kodiak Copper (KDK.V).

10 September 2020
Equity Guru ExploreCo news round up – Defense (DEFN.V), East Asia (EAS.V), Falcon (FG.V), Golden Lake (GLM.C), Nubian (NBR.V), Nexus (NXS.V), and X-Terra (XTT.V)

Back in October of 2019, I penned the following concerning gold and the companies that make the metal their business: In times of rampant currency debasement, geopolitical uncertainty (twitchy chest-puffing politicians instigating trade wars via Twitter), gold belongs in a balanced portfolio in order to reduce risk. Not only is gold a great hedge against…

22 August 2020
Golden Lake (GLM.C) maiden drill program is about to begin

“Management is everything in the junior exploration arena, particularly where Carlin-type deposits are concerned,” stated Nolan. “This top-shelf team of mining men (and women) is led by resource veteran Mike England.

30 July 2020
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
GDX.NYSE, GDXJ.NYSE: massive investment inflows into gold ETFs

H1 ETF inflows are higher than the record-setting central bank net purchases seen in 2018 and 2019, and “could absorb a comparable amount of about 45% of global gold production.”

8 July 2020
Guru’s (client list) ExploreCo roundup – six goldies and a nickel

If you haven’t noticed, many of the junior ExploreCo stocks we follow here at Guru Central are popping. If it’s a gold or silver company with ounces in the ground, or a geologically prospective exploration project getting a proper probe with the drill bit, chances are it’s pushing higher. Chances are it’s already in an…

1 July 2020