A good number of the junior exploration companies we follow here at Highballerstocks have claimed higher ground in recent sessions: Skeena Resources (SKE.V), HighGold Mining (HIGH.V), Coral Gold (CLH.V), Pure Gold (PGM.V)… to name a few. It would appear that gold stocks are beginning to de-couple from general equities. The following GDX chart shows a […]
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Pure Gold Mining (PGM.V) – a high-grade Red Lake development story
Pure Gold is a development and exploration story out of the High-Grade Gold Capital of the World—the Red Lake Mining Camp of northwestern Ontario. The company’s Madsen deposit, aka the PureGold Mine, is considered the highest grade development-stage project in Canada. Pure Gold (PGM.T) – (PUR.LSE) – (LRTNF.OTC) Investor presentation 359.23 million shares outstanding; $229.91M […]
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Some of the companies we follow making news in recent sessions
This is a good time to update a few of the companies I follow closely here at Highballerstocks. Most have recovered significant ground off their March 16 crash lows, some more than others. Apparently, the COVID-19 threat exists even in the remote, wide-open expanses where junior exploration companies are drilling high priority targets. A number […]
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An opportunistic look at high-quality ExplorerCos with significant cash on their books – enough to aggressively push their projects further along the development curve
Taking advantage of further price weakness in the junior exploration arena Last Monday (March 16) represented a glorious opportunity to bag high-quality gold stocks at prices that bordered on the surreal. You had to be quick though, the sell-off lasted less than one hour before buyers rushed in pushing many of the stocks I follow […]
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Updating the stocks on our list after a brutal week of trade
On Thursday, Mar. 12, the Dow fell 2,352 points—its largest single-session point drop on record. The following day, on Mar. 13, the Dow powered nearly 2000 points higher, its largest single-session point gain in history. This extreme volatility was inevitable. The longest-running bull market in history was driven by artificially low interest rates and accommodative […]
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Market volatility, stink bids, and HighGold Mining
Markets caught what-for last week as the last vestiges of greed turned into abject fear. The reason: an emergency 50 point rate cut by the Fed—one that telegraphed panic from the gatekeepers of the U.S. economy—brought about by the pressure COVID-19 is exerting on corporate profits and earnings forecasts. During the tumult, U.S ten year […]
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HighGold Mining, Defense Metals, Coral Gold, and general junior sector volatility
“Be bold and mighty forces will come to your aid”—someone famous once said that. It might’ve been Francis McDormand. I don’t need to recap what happened last week in the broader markets, cept to say the selling was across-the-board, indiscriminate. In the resource arena, much of the price weakness we witnessed was exacerbated by the […]
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A quick note re today’s trading action in White Gold (WGO.V) and Highgold Mining (HIGH.V)
With virus fears gripping world markets, some of the stocks we’re following are getting caught up in indiscriminate, across-the-board selling. White Gold (WGO.V), in a report published earlier this month, I opined, “If the shares trade back to their early Nov. 2019 low of $0.75, that may represent low-risk entry (or add) point.” Well, we […]
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Cartier Resources (Au) and Defense Metals (REEs) continue along the path of de-risking their flagship assets
Humble apologies for not getting this out on the weekend. I was viewing Impact Silver’s Guadalupe production center in Mexico a good part of last week and aggravated some broken ribs in the process. I also arrived back home with some kind of an intestinal thing – I’ll spare you the details on that one. […]
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Banyan Gold (BYN.V) – resource expansion and discovery potential in the Yukon
In an earlier offering, we talked about peak gold, lean project pipelines and how that is forcing producing companies to hunt: Fact: every day a Gold Producer digs ore out of the ground—every day they’re in business—their precious metal inventory shrinks. Whether it’s a Senior, a Mid-tier, or a Small Producer, the key to long-term […]