Tag: NXS
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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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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…
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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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![Catching up on Nexus (NXS.V) and the ‘Peak’]()
Catching up on Nexus (NXS.V) and the ‘Peak’
Peak Gold—is it possible we’ve reached a peak in discovery, that we’re now in a cycle of steady annual production declines? It’s a subject/theory we’ve covered in some detail here, in these pages. For sure, the low hanging fruit is mostly gone, plucked as it were. The vast majority of our planets high-grade near-surface ore bodies…
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Everything is up: Eat, drink, be merry… for tomorrow we die
When the history books are written on this passage of our lives, under pandemic lockdown and with once-in-three-generations levels of unemployment, they’ll note that in order to save us from economic collapse, the government printed trillions of dollars and just fired it all into the markets out of a bazooka, only to establish a decades-long…
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Berkshire Hathaway (BRK-A.NYSE): Warren Buffett is my hero but he got this detail wrong
“Nothing can basically stop America,” stated Buffett at Saturday’s virtual shareholder meeting. “The American miracle, the American magic has always prevailed and it will do so again.” Buffett’s opinion (about the resiliency of the U.S. economy) has been right for six decades. Why wouldn’t it continue to be right?
