I suspect the recent merger of Agnico Eagle and Kirkland Lake—a transaction valued at $13.4B—will mark an acceleration in M&A activity from hereon. A wise junior exec echoed similar sentiment during an enlightening conversation last week. Junior companies with significant resources—those with meaningful ounce-counts in mining-friendly jurisdictions—will find themselves encircled by resource-hungry predators (Producers looking […]
Posted inGold
Updates from Defense Metals (DEFN.V), Harfang (HAR.V), Skeena (SKE.T), and a MONSTER drill hole out of the HighGold Mining (HIGH.V) camp
An October 4th roundup I published over at Equity Guru—Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room…—generated a fair amount of positive feedback: The above tweet is courtesy of Blackrock Silver‘s CEO, Andrew Pollard. Blackrock is a Nevada-based explorer/developer currently active with four drill rigs in a […]
Posted inGold
Sokoman Minerals (SIC.V) – a well positioned player with >150k highly prospective hectares in Central Newfoundland
When I first launched Highballer stocks in January of 2020, I wanted to highlight the re-rating potential I felt existed in the junior exploration arena. The companies I first featured—those with meaningful ounces in the ground—were trading at what I considered to be absurd valuations. The timing was good. Many of the companies I introduced […]
Posted inFeatured Content
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 […]
Posted inUranium
Uranium tags multi-year highs, Skyharbour Resources (SYH.V) in the spotlight, updating Defense Metals, Forum Energy Metals, Harfang Exploration
Uranium. It’s all the rage right now. Sentiment in the uranium arena is turning altogether positive with spot prices tagging multi-year highs at $39 per pound in recent sessions. The Sprott Physical Uranium Trust, which made its debut on the TSX earlier this summer, invests in physical uranium. According to Sprott’s updates on Twitter, the fund […]
Posted inBattery Metals
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 […]
Posted inREEs
Defense Metals (DEFN.V) announces landmark MOU with Sinosteel Corporation
First featured in these pages roughly 18 months back in the $0.15 range, it’s been a crazy ride for Defense Metals shareholders. 80.34 million shares outstanding $17.68M market cap based on its recent $0.22 close Corporate presentation After tagging a high of $0.75 earlier this year, the shares have fallen back to a level that may […]
Posted inFeatured Content
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 […]
Posted inGold
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 […]
Posted inFeatured Content
The drills turn at Forum’s Janice Lake Project in Northcentral Saskatchewan and HighGold’s Johnson Tract Project in Southcentral Alaska
The following is a brief update related to two of the companies we follow closely here at Highballer. Brief, because it’s currently pushing 41C (107F) as I tap away on my keyboard, beads of sweat colonizing my forehead and the nape of my neck. I’ve consumed 8 liters of H2O and my day is barely […]