Tag: mining
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Energold Drilling Corp (EGD.V): Picks + shovels = earnings as market swells
Either the mining market has turned around, or there’s been some kind of mistake, because Equity.Guru boss Chris Parry just assigned me to cover a company that has earnings. Concept: The Pick and Shovel Deal Skip ahead if you’ve heard this one. In the great San Francisco gold rush of 1849, lots of people got…
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Second Set of Eyes: Timing the cycle with Zinc One (Z.V)
When Vena Resources (name since changed to Forrester) was the on-the-button Toronto mover and shaker that it started out as, it was the kind of thing that smart, connected people put together in a hot resource market. Fine talent with big name partners going after smart opportunities, often in brownfields areas, that could be enormous…
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Inca One (IO.V) Manufactures Peruvian Gold
Peru is the 6th largest gold producer on the planet. There are a few monster mines like Newmont’s (NEM.NYSE) Yanacocha mine. But it is estimated there are also 200,000 small-scale miners in Peru, extracting over $2 billion worth of gold billion annually. Traditionally the small-scale miners pay no taxes or sales duty – and generate…
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Millrock Resources (MRO.V): Undervalued on the market, highly valued in the boardroom
Millrock Resources (MRO.V), helmed by former Inco Veteran, Greg Beischer, is a true prospect generator. Yeah yeah, I know a lot of you hear ‘prospect generator’ and your eyes cross. But Millrock has generated projects. In fact, at the time of writing (and this may change tomorrow or the next day because, wows) the company…
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Equitas Resources (EQT.V) producing, exploring, rinse, repeat
The standard practice, when starting a mining company, is to raise as many millions as you can up front, stick a few holes in the ground until those millions are gone, and hope the holes demonstrate why you should be given more millions to make more holes. And maybe, if after three years of poking holes…
