Kirkland Lake Gold Takes a Detour

While I am still processing it, my initial reaction is similar to that of the market: I’m not a big fan of it as of now and need to be convinced otherwise. For one, the premium valuation to NAV KL enjoyed previously is now gone, and won’t return, until such time they can prove the … Continue reading Kirkland Lake Gold Takes a Detour

Corvus Gold Update

Corvus Gold ($KOR.TO | $CORVF) latest bought deal financing, while poorly timed on my part when I tweeted back in August (https://twitter.com/economicalpha/status/1164989458254614533?s=21), is turning out to be a blessing in disguise. The deal was below market at $2CAD (at the time announced it was $2.29) and that definitely stung a bunch of folks, including myself. … Continue reading Corvus Gold Update

Minera Alamos Update

Minera Alamos, MAI.V, the company I spoke about in an earlier blog post here https://economicalpha.blog/2019/06/26/a-few-mining-names-i-am-watching-as-gold-breaks-1400/, has been working quite nicely. Two projects are coming on line within the next 24 months, which is perfect timing as gold seems to be holding $1,500 and remains quite supportive. Santana will be the first, coming on line in … Continue reading Minera Alamos Update

Endeavour Mining – When Fundamentals and Technicals Align

Endeavour Mining is a name that I have been following for a long time, a name that I have been in and out of, but have not been able to profit from it. However, it has since resurfaced because I believe we are at a turning point in terms of fundamentals converging with a bullish … Continue reading Endeavour Mining – When Fundamentals and Technicals Align

MVIS | GDXJ Junior Gold Miner Q3 ETF Rebalance – The Latest

It is that time of year when Pumpkin Spice Latte's, fantasy football leagues and mining conference are back in vogue. It also happens to be Friday the 13th today, and since mining companies at times scare the living daylights out of me, it seems as no coincidence that we have a rebalance update to speak … Continue reading MVIS | GDXJ Junior Gold Miner Q3 ETF Rebalance – The Latest