Tag: Gold
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The Golden Triangle – an update on a handful of advanced-stage exploration plays
Junior exploration companies—ExplorerCos, if you will—are high-risk propositions. It can take up to 1,000 grassroots projects to generate 100 targets worthy of a probe with the drill bit. Of those, perhaps five or ten will evolve into development projects. And of that small group, only one will become an actual (profitable) mine. Not great odds.…
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The end of the world, or, how I learned to live with a habitually shrinking PMI
The Institute of Supply Management (ISM) U.S. manufacturing survey was released yesterday and, boy, did it ever raise alarms. Estimations of the ongoing U.S.-China trade war have been on a piecemeal basis up until now: It is common knowledge American soybean farmers are struggling, but calculating the material effects on U.S. business as a whole…
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Highballer: How Equity Guru’s mining expert Greg Nolan cracked a 30-year publishing mystery
It’s exhilarating to witness a co-worker get a win. My colleague, Equity Guru mining expert Greg Nolan just published a book, “Highballer: Tales from a Treeplanting Life (Harbour Publishing, 2019). Lots of good books get ignored. Mr. Nolan’s book isn’t one of the them. The media (national and local) has whipped itself into a frenzy…
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Saville Resources (SRE.V) brings big volume on debut niobium drill data
Saville Resources (SRE.V), which is cheap enough that I could probably take it over if I sold some baseball cards and maxed out my credit cards, dropped some drill results Monday that drove some serious trading volume, if not a massive price spike. For many, that won’t be interesting, because they’re not producing edibles and…