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 […]
Posted incopper
Forum Energy Metals (FMC.V) tags high grade Cu at Janice Lake Project in mining-friendly Saskatchewan
Despite Copper taking it on the chin in recent sessions… … the shares of Forum Energy Metals (FMC.V) having been holding up well, and on fairly decent volume. It’s not always the case, especially in these highly volatile markets… but when a Cu exploreco demonstrates price strength while the underlying commodity is getting thumped on… […]
Posted inGold
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 […]
Posted inGold
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, […]