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, […]
Posted inRoundup
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 […]
Posted inGold
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 […]
Posted inUranium
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 […]
Posted inGold
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+ […]
Posted inExploration and Development
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 […]
Posted inExploration and Development
A potential Bottom in Gold + a roundup of companies on the Highballer List making headlines in recent sessions – Banyan (BYN.V), Cartier (ECR.V), Defense (DEFN.V), Forum (FMC.V), HighGold (HIGH.V), Prime (PRYM.V), Skyharbour (SKE.T), Sokoman (SIC.V), and White Gold (WGO.V)
In early October, there was evidence that an important bottom was forming in the precious metals arena. The following excerpts are from a (timely) article I put up on the Equity Guru website on October 4th—Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room… (click on the following […]
Posted inGold
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 […]
Posted inFeatured Content
A Highballer roundup featuring Forum (FMC.V), HighGold (HIGH.V), Prime (PRYM.V), Skyharbour (SYH.V), Sokoman (SIC.V), and Defense (DEFN.V)
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 […]
Posted inGold
Goldseek Resources (GSK.C) tags 4.92 g/t gold over 28.65 meters at flagship Beschefer Project along the prolific Detour Gold Trend
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 […]