I’m getting a sense that most of the companies we follow here are determined to make up for whatever time was lost during the C-19 shutdown, prepping field crews and mobilizing drill rigs to their flagship projects, if they haven’t done so already. A number of companies on our shortlist are already active. Two—Cartier Resources […]
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Banyan (BYN.V) to drill AurMac, Cartier (ECR.V) tags more high-grade Au, Pure Gold (PGM.V) launches 30k meter drilling campaign, Strategic (SMD.V) goes hard at Mt. Hinton
Gold continues to consolidate gains registered after a sharp push higher from its March 16 ‘crash day’ lows. We’re going into our third month of sideways chop. No one knows for sure how this sideways channel will resolve itself, but without a doubt, if (when) gold successfully challenges $1,800 again, it’ll be watched by a […]
Banyan (BYN.V) drops a 43-101, White Gold (WGO.V) tables 2020 exp plans, Pure Gold (PGM.V) bags a billionaire, Cartier (ECR.V) tags high-grade Au
Is it too early to declare Game-On for the junior exploration arena? The recent across-the-board price action looks and feels right. In many cases, good news is greeted with positive market depth. And the market appears to have more than lint lining its pockets. Earlier last week I came across a chart supporting the notion […]
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 […]
Carnage in the junior exploration arena – risk vs reward
For all the years I’ve been following the junior sector, since my mid-teens, I’m hard-pressed to trot out a meaningful list of companies that succeeded in transitioning from ‘junior explorer‘ to ‘junior producer.’ Probing our planet’s subsurface layers to generate an economic mineral resource requires a very particular set of skills. Navigating the complex permitting […]
Goldseek (GSK.C) – core observations and a Q&A with CEO Jon Deluce + Forum (FMC.V) tables Janice Lake drill results
On October 12th I introduced Goldseek Resources to readers in a piece titled Goldseek Resources (GSK.C) tags 4.92 g/t gold over 28.65 meters at flagship Beschefer Project along the prolific Detour Gold Trend. Goldseek Resources (GSK.C) – (GSKKF.OTC) – (4KG.FSE) 32.96 million shares outstanding $5.27M market cap based on its recent $0.16 close The above […]
A Highballer roundup featuring Banyan (BYN.V), HighGold (HIGH.V), Prime (PRYM.V), Defense (DEFN.V), Forum (FMC.V), and Skyharbour (SYH.V)—and a hurried heads-up on Sokoman (SIC.V)
We’re a few hours away from the conclusion of a two-day Fed meeting. Better than expected retail sales last week (the retail sector currently accounts for two-thirds of the GDP in the U.S.) might’ve turned the Fed hawkish. We’ll find out when Chairman Powell steps up to the mic. Talk of tapering its $120 billion-a-month […]
Forum Energy Metals (FMC.V) drills wholly-owned Love Lake project in mining-friendly Saskatchewan
I’m looking to shake things up a bit here at Highballer. I’ve been thinking long and hard and I’ve decided to cover certain highly speculative companies in the pre-discovery phase of their cycles, and those following up on new discoveries with aggressive drill campaigns. The goal is to deliver a more dynamic, broad-ranging read (I […]
Forum (FMC.V), Prime (PRYM.V), Skeena (SKE.T), Harfang (HAR.V), and the Disconnect…
In a recent Equity Guru piece, I presented the disconnect—the divergence—that exists between gold stocks and the underlying metal via a chart comparing GLD (the SPDR Gold Shares ETF) to the GDXJ (the Global Junior Gold Miners Index). I suppose you can blame this price weakness on the summer doldrums—the volume has dried up in […]
Prime Mining (PRYM.V) tags bonanza grade silver at Los Reyes project in Sinaloa Mexico – shifts into Phase-2 drilling
The last time we checked in with Prime, they were reporting “more bonanza grades” at their 13,800-hectare flagship Los Reyes project in the mining-friendly state of Sinaloa Mexico. They were also adding a 7th rig to their 15,000-metre Phase-1 drill campaign. Los Reyes is a district scale low sulphidation epithermal gold-silver project located in a […]