Yesterday’s breakout in the precious metal could set the stage for a massive run in the medium to long term as a de-escalation in Putin’s military aggression against his sovereign (peaceful) neighbor appears highly unlikely. If you were to quiz the likes of Pierre Lassonde, this currency of last resort has the potential to run […]
A Highballer update featuring Banyan (BYN.V), Defense (DEFN.V), Forum (FMC.V), Goldseek (GSK.C), HighGold (HIGH.V), and Prime (PRYM.V)
The price strength in precious metals continues with gold closing out last week’s session at the highest level in some eight months. A flight to safety—mounting tensions along the Russia-Ukraine border and recession fears—underpin this recent price strength. I follow a good number of companies in the junior space, some of which have been presented […]
Apollo (APGO.V) declares a 166 million oz silver resource at its flagship Calico Project in San Bernardino County, California
The recent smackdown notwithstanding, precious metals continue demonstrating price strength as investors set their sights on safe-haven assets. Inflation is running way hot, hitting a 40-year high of 7.5%, and tensions along the border of Russia and Ukraine have the world on edge. The combination of high inflation, accelerating geopolitical uncertainty, volatility in general equities, […]
Forum Energy Metals (FMC.V) secures a strategic acquisition on trend with Orano’s 133M lb Kiggavik Uranium Deposit, Nunavut
Last week, Forum announced a new acquisition in the Thelon Basin, a vastly underexplored region in Nunavut, Canada. Management’s expectations are high for this one. Outside Saskatchewan’s prolific Athabasca Basin several hundred kilometers to the south, the Thelon Basin is the most prospective region in the world for the discovery of new high-grade unconformity-style uranium […]
A new addition to the Highballer list – Apollo Silver (APGO.V)
Precious metals have gone on a serious tear in recent sessions, led by silver. This sector is marked by a seemingly endless series of bull traps. A successful test of the $25.00 level would add validity to this move. The fundamentals underpinning firmer metals prices are obvious—debt levels that have taken on a surreal quality, […]
Rounding up the companies on the Highballer list with recent headlines – Prime (PRYM.V), Teuton (TUO.V), Goldseek (GSK.C), and Defense (DEFN.V)
Several of the companies on the Highballer list dropped headlines over the past week. Below is a brief summary of these news events. Right to it… Prime Mining (PRYM.V) – (PRMNF.OTC) – (04V3.FRA) On January 12th, Prime Resources announced Phase-1 results from stepout drilling at Noche Buena, one of eight known deposits at their wholly-owned […]
A new addition to the Highballer list – Teuton Resources Corp. (TUO.V)
The year was 1988. The discovery was tucked away in the Unuk and Iskut River area along the rugged coastal mountains of northwestern British Columbia—a region known as the Golden Triangle. The discovery, marked by ‘Hole 109’, tagged a jaw-dropping 208 meters of 27.2 grams per tonne gold and 30.2 grams per tonne silver. The […]
Forum Energy Metals (FMC.V) options Highrock Uranium Project in the prolific Athabasca Basin
Uranium stocks have pulled out of their corrective tailspin and generated some impressive price trajectory in recent sessions. News out of Kazakhstan is part of the reason why. Kazakhstan unrest: Government calls for Russian help Kazakhstan produced 41% of the world’s uranium supply in 2020. Any supply interruptions will have negative implications for an already […]
Keen on twenty-two—a Highballer update
If you subscribe to this report, you likely view gold as an undervalued, under-appreciated asset that is overdue for a substantial (and sustained) move to the upside. The fundamentals underpinning the precious metal are clear, obvious, though no one appears to be paying attention. Across-the-board (accelerating) inflation, difficult-to-comprehend debt ($29 trillion on-balance sheet — $120+ […]
Defense (DEFN.V) tables a PEA, Goldseek (GSK.C) drops final Beschefer assays, Harfang (HAR.V) delivers Serpent results, Forum (FMC.V) plots a course for 2022
The past two weeks have been particularly brutal for investors in the junior exploration arena. High-quality stocks are being tossed with little regard for their underlying intrinsic value. At this conjuncture, year-end tax-loss selling season looms large—it seems more outrageous this year than last. If you correctly predicted this rout, and have dry powder, some […]