Author: EconomicAlpha

What a dreadful week. I'll leave you with the latest MVIS GDXJ rebalance for Q1 effective at the close March 20, 2020. After the brutal performance of the index and utter collapse, I'll save myself the pain from writing any further and giving it any expsoure. mvgdxj_quarterly-review_2020-q1-2Download

This week, I had the pleasure of catching up with Doug Ramshaw, President and Director of Minera Alamos, Inc. We talked about the company’s 2020 vision and what we can hope to look for in the coming year. I first met Doug at the John Tumazos Very Independent Conference over the summer last year. Prior … Continue reading Catching up with Doug Ramshaw of Minera Alamos →

Kirkland Lake Gold provided 2020 guidance today. The guidance for 2020 excludes production from Detour as well as anticipated production from Northern Territory. While it includes guidance for the Holt Complex, that operation remains on review during 2020. As such, only guidance for Fosterville and Macassa was provided through 2023. My quick take is positive. … Continue reading Kirkland Lake Gold Guidance Update →

MVIS completed their review today. The changes take place at MOC next Friday December 20. Deleted: Guyana Goldfields $GUY.TO | $GUYFF No surprise there as this was the smallest constituent. Next quarter will be interesting with two out as a result of acquisitions, Detour and Continental Gold. No additions. Sibanye takes the top spot swapping … Continue reading GDXJ Rebalance Update for Q4 →

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 →