Tag: Burkina Faso
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Nexus Gold (NXS.V) hits 13.25 grams/tonne over 2.75 meters at McKenzie Gold Project in Ontario
“Of the first six holes drilled (784 total meters), six returned elevated gold assays,” reported Nexus, “while the last three holes MK2020-004, 005, and 006, all contained zones reporting visible gold”.
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![Nexus Gold (NXS.V) in up-trend as USD weakens]()
Nexus Gold (NXS.V) in up-trend as USD weakens
In 2020, the U.S gov. has borrowed another $7 trillion, the U.S. dollar has weakened further, the flight to gold is now a stampede and many gold juniors have experienced sharp gains in share price.
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![GDX.NYSE, GDXJ.NYSE: massive investment inflows into gold ETFs]()
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.”
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![Nexus Gold (NXS.V) doubles down on McKenzie drill program]()
Nexus Gold (NXS.V) doubles down on McKenzie drill program
This $15 million company owns 11 projects on two continents.
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![Guru’s (client list) ExploreCo roundup – six goldies and a nickel]()
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…
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Nexus Gold (NXS.V) samples 10.5 g/t gold in Burkina Faso
For a company with a modest market cap ($9.5 million) Nexus has a good track record of advancing multiple projects simultaneously on two continents (North America and Africa).
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![Nexus Gold (NXS.V) sees 2020 as the year to drill]()
Nexus Gold (NXS.V) sees 2020 as the year to drill
With all of the carnage in the broader markets of late—S&P 500 futures are currently off 5%, Crude Oil (WTI) is off a whopping 30%—there are precious few bright spots. Market volatility is beginning to take on a somewhat surreal quality. The recent 50-point emergency rate cut offered a glimmer of hope, a move by…
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![Nexus (NXS.V) grabs yet another large chunk of highly prospective Burkina Faso terra firma]()
Nexus (NXS.V) grabs yet another large chunk of highly prospective Burkina Faso terra firma
Nexus (NXS.V) has been in Burkina Faso for years. With a new acquisition announced just yesterday, the company now controls over 750-square kilometers of highly prospective terrain in the prolific gold producing West African nation. Of course, geopolitically, BK is not the safest country to operate in right now. The company is exercising caution in…
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![Nexus Gold (NXS.V) Monetizes Rakounga Gold Project for $2.25 Million in Cash and Work Commitments]()
Nexus Gold (NXS.V) Monetizes Rakounga Gold Project for $2.25 Million in Cash and Work Commitments
Nexus Gold (NXS.V) management correctly gauged sentiment in the junior exploration arena at the beginning of 2019, sensing a continuation of the pervasive weakness we’ve witnessed over the past eight years. Electing not to mobilize a drill rig to any one of their highly prospective projects in Burkina Faso likely saved a whole lotta grief…
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![16 million U.S. workers will die before their debts are paid off]()
16 million U.S. workers will die before their debts are paid off
We’ve been hearing about the “global debt crisis” for so long it’s become background noise – like a sherry-soaked auntie babbling about UFOs at Thanksgiving. But if a building has been burning slowly for a long time, it’s legitimate to point out that smoke is still billowing – and there is no fire-truck in sight.…
