The demand drivers for REEs are gaining momentum, primarily where our push toward carbon neutrality is concerned. Even outside the energy transition demand formula, REE usage continues to evolve due to their unique optical, electrical, and magnetic properties. Defense Metals is systematically de-risking its mothership Wicheeda Rare-Earth Project where current resources stand at 5,031,000 tonnes averaging 2.95% […]
Posted inExploration and Development
An Oct 11 Highballer report featuring Defense (DEFN.V), Forum (FMC.V), Goldseek (GSK.C), HighGold (HIGH.V), Prime (PRYM), and Teuton (TUO.V)
When the Fed began a hiking cycle way back in 1975, the Dollar soared and Gold got cut in half (from $200 to $100). Towards the end of 75, as higher rates and a soaring Greenback weighed heavily on the U.S. economy, the Fed blinked and backed away from its hawkish ways. That move served […]
Posted inExploration and Development
An eye on undervalued resource plays amidst broader market carnage – Defense Metals (DEFN.V), Patriot Battery Metals (PMET.V), Apollo Silver (APGO.V), and Teuton Resources (TUO.V)
Trading activity in the broader markets has everyone on edge. The S&P 500 index is currently testing its mid-June lows. A decisive break below this level could usher in further carnage, with many analysts in the bear-camp calling for a protracted downward spiral. Dow Theory Sell Signal Triggered I’ve stressed the significance of the 200-period […]
Posted inExploration and Development
A mid-September Highballer Report featuring Forum Energy Metals (FMC.V), Defense Metals (DEFN.V), Patriot Battery Metals (PMET.V), Teuton Resources (TUO.V) – also Prime Mining (PRYM.V), Highgold Mining (HIGH.V), Skeena Resources (SKE.TO), and Sokoman Minerals (SIC.V)
With the broader markets near a potential inflection point—the point at which the Fed’ll admit defeat in its battle against inflation and turn its attention to what may evolve into another financial crisis—we could see some wild swings over the balance of 22. Where the precious metals are concerned, we’re at the U.S. dollar’s mercy. […]
Posted inExploration and Development
A Midsummer Highballer Update Part 2 – Apollo Silver (APGO.V), Forum Energy Metals (FMC.V), Teuton Resources (TUO.V), Optimum Ventures (OPV.V), Patriot Battery Metals (PMET.V), and a new name
At Jackson Hole late last week, Fed chair Jerome Powell stated that the U.S. economy would need tight monetary policy “for some time” before inflation is reined in. Translation: expect more Fed bullying tactics, which means slower growth, a weaker job market, and “some pain” for many Americans. The duration of the Fed’s aggressive rate […]
Posted inExploration and Development
A Midsummer Highballer Update Part 1 – Defense Metals (DEFN.V) and Teuton Resources (TUO.V)
Janet Yellen recently stated that the U.S. wants to end its dependence on China REEs and will focus instead on “friend-shoring” (diversifying their supply chains with trusted trading partners). She recently told Reuters there’s now a push for increased trade ties with the likes of South Korea “to improve the resilience of supply chains and […]
Posted inExploration and Development
A Highballer update for August 2, 2022 – Is It Go Time?
The last few weeks have been hectic. In the wake of last week’s .75% rate hike, gold formed a higher low on the charts. But will it stick? If the Fed’s bullying tactics towards the inflationary spiral have run their course—if they’ve exacted enough shock value via these high-handed three-quarter-point rate hikes—it could be game […]
Posted inExploration and Development
Catching up with Apollo Silver (APGO.V) and Forum Energy Metals (FMC.V)
To say that the market has been exacting a certain toll on the junior exploration arena would be a colossal understatement. Even the highest quality asset-rich entities are being stripped down to levels that defy logic. This current environment reminds me of the junior sector at the beginning of the previous bull run earlier this […]
Posted inExploration and Development
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 […]
Posted inREEs
Defense Metals (DEFN.V) continues to methodically de-risk its Wicheeda Rare-Earth Project in mining-friendly BC
“There will come a time when Earth sheds us like dead skin, and it will be our own fault” – John Dutton, Yellowstone (one possible scenario) If we are to create a cleaner, greener, carbon-free world—to avoid the direst climate-related shocks gathering on the horizon—global greenhouse gas emissions need to drop 50% by 2030 and […]