As the reality that inflation is not as “transitory” as the Fed would have us believe kicks in—though chairman Powell now concedes that it will likely be more “persistent” than previously thought—some are calling for violence in the gold arena. An October 22nd Bloomberg headline… Gold’s Inflation-Haven Appeal Means ‘Violent’ Run-Up May Be Ahead We’ve […]
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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 […]
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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 […]
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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 […]
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Forum (FMC.V) announces initial results from Janice Lake, Harfang (HAR.V) confirms kilometric-scale gold structure at Serpent Project, Prime (PRYM.V) delivers MORE bonanza grades at Los Reyes Project
After smashing through all-time highs, Copper—the malleable, red-orange metal with superior thermal and electrical conductivity properties—is currently consolidating its gains after that historic breakout. If you believe we’re in the early innings of a new supercycle in commodities—a structural bull market that will stick for years—Copper will lead the push higher as the rush to […]
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Gold breaks out, Copper tags all-time highs plus Forum (FMC.V), HighGold (HIGH.V), Prime (PRYM.V), Banyan (BYN.V), Skeena (SKE.T), White Gold (WGO.V)
Having bookended the month of March with a Double Bottom and smashing through stubborn resistance at $1800 last week (a hard-fought 10-week high), Gold is holding on to its gains, settling in above that critical $1,800 line. The next stop for the precious metal is the 200 SMA at roughly $1856. Once that level falls, […]
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Inflation, Gold, Copper – Forum (FMC.V), Defense (DEFN.V) and Prime (PRYM.V) – Part 1
Recent trade in gold is showing some real conviction having taken out key resistance at $1750, a level that has held prices in check for the past month and a half. After forming a Double Bottom at key support in mid to late March, the low may be in for what some call “eight agonizing […]
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Prime Mining (PRYM.V) encounters bonanza grade gold and silver near surface and at depth in 1st drill hole at Los Reyes Project in Sinaloa, Mexico
The shimmer around initial assays from Prime Mining’s (PRYM.V) Phase-1 drilling campaign at its flagship Los Reyes Project in Sinaloa State, Mexico pushed its stock to an all-time high yesterday (March 18th). Before we examine the market-moving headline values from this 15,000-meter program, a quick review… “Decades of extensive fieldwork and technical studies have positioned Los Reyes […]
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Gold, Bonds, and companies on our list making headlines – Pure Gold (PGM.V), Defense (DEFN.V), HighGold (HIGH.V), Cartier (ECR.V), Banyan (BYN.V), Forum (FMC.V), and Prime (PRYM.V)
Gold was dealt What For last week, taking out major support, trading at levels not seen in over eight months. The culprit of this recent carnage was a major sell-off in bonds pushing the yield on the US 10-year note to 1.5% (yields were a mere 0.5% only six months back). Though current yields represent […]
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A chat with Prime Mining’s (PRYM.V) Exec VP Andrew Bowering – Pierre Lassonde increases stake in the company to 11.85%
Since its debut on the TSX Venture Exchange back in September of 2019, Prime Mining (PRYM.V) has created significant shareholder value. The stock has never traded higher… The Company’s flagship project—Los Reyes—captures 6,300 hectares of highly prospective terra firma in mining-friendly Sinaloa, Mexico. I had the pleasure of catching up with Andrew Bowering, Prime’s Executive […]