Tag: NXS
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Nexus Gold (NXS.V) – finally – actually – miraculously – lifts on news, up 50%
At Equity.Guru, we’ve been tight with Nexus Gold (NXS.V) boss Alex Klenman for years. he’s been through it with Nexus, from former CEOs selling off his stock in secret, filing their insde trading docs a year late, to stock promoters demanding money and then, upon being refused, crashing the stock, to dark pool shenanigans and…
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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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![Gold Junior ETF (GDXJ.NYSE): gold offered “Hero Role” in re-make of “Apocalypse Now” – accepts gig on Hollywood Squares instead]()
Gold Junior ETF (GDXJ.NYSE): gold offered “Hero Role” in re-make of “Apocalypse Now” – accepts gig on Hollywood Squares instead
Analysts have tied the retreat by gold in part to positioning, noting that data had shown extremely high net long speculative positions in gold futures. Still, the degree of the pullback in light of the continued selloff in equities was widely described as a surprise.
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![High-Risk/High-Reward… Guru’s sub-$20M ExplorerCo shortlist]()
High-Risk/High-Reward… Guru’s sub-$20M ExplorerCo shortlist
Due to the number of companies I have in mind for this one, I’ll dispense with the usual preamble, except to say, gold is looking constructive on the charts (note the accumulation/distribution line), as is the GDX and the GDXJ. All three are holding their ground, and many of the companies I follow in the…
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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) tables plans to drill Red Lake project]()
Nexus Gold (NXS.V) tables plans to drill Red Lake project
Nexus put out news loyal shareholders really wanted to see—a plan to mobilize a drill rig to the heart of the Red Lake Mining District. The company’s 1,348.5-hectare Mckenzie Project is well-positioned in the famous mining camp, flanked by the likes of Newmont-Goldcorp (NGT.T), Yamana (YRI.T), Pure Gold (PGM.V) and Premier Gold (PG.T). Previous exploration…
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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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![Nexus Gold (NXS.V) unveils additional high-grade values at Red Lake, preps drill rig for Dakouli, Burkina Faso]()
Nexus Gold (NXS.V) unveils additional high-grade values at Red Lake, preps drill rig for Dakouli, Burkina Faso
Late last week, Nexus Gold (NXS.V) updated us with a welcome (and unexpected) piece of news out of their flagship McKenzie Gold Project in the Red Lake Mining Camp. It was unexpected in the sense that we thought the company had already given up everything there was to give regarding recently acquired 1,348.5 hectare Red…
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![Ontario-Quebec ExplorerCos poised for potentially significant gains as the correction in gold matures]()
Ontario-Quebec ExplorerCos poised for potentially significant gains as the correction in gold matures
At the beginning of this year, and several times since, we covered numerous exploration plays on both sides of the Ontario-Quebec border—ExplorerCos kicking rocks and probing the subsurface of prolific geological settings like the Abitibi Greenstone Belt. Only the gold fields of South Africa have outproduced the Abitibi where more than 200 million ounces of…
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![Nexus Gold (NXS.V) Canada’s empty houses are now worth $600 billion – should you sell your house and buy gold?]()
Nexus Gold (NXS.V) Canada’s empty houses are now worth $600 billion – should you sell your house and buy gold?
In 2009, I worked beside a razor-sharp Chartered Financial Analyst (CFA) who was obsessed with the wealth creation opportunities in gold juniors. The dude could read charts like a gypsy reads tea leaves. Bollinger bands? Momentum indicators? Fibonacci Numbers? That was his jam. This same guy really hated the Vancouver real estate market. In fact,…
