Updated: 8/13/2020 Since I have a lot of new followers on Twitter and on this blog site who may not be familiar with some of my past work, I have decided to put together this post of some of my notable ideas for easier access. These were high conviction concentrated ideas. $CLGRF | Claude Resources … Continue reading Notable Public Calls
KL preview and what to look for.
Corvus Gold ($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, 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 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
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
Kirkland Lake reported Q2 production numbers today Q2 Production Numbers. While Fosterville had another exceptional record quarter with 140,701 ounces produced, Macassa did temper the quarter a bit with production of 49,196. The grade came down from strong Q1 levels and excessive water in the mine during the spring run-off contributed to the weakness when … Continue reading Kirkland Lake Q2 Production a Bit Softer Than I Expected
Wesdome Gold mines just released a very strong Q2 number: https://ml.globenewswire.com/Resource/Download/48af0bfe-3918-43e7-9140-d7774ccd4c46. During the quarter, Wesdome produced 22,437, on the back of the 303 lens continuing to outperform on both budgeted grades and tonnes. The head grade at Eagle was impressive, at 23.4gpt, which follows a very strong Q1 of 18gpt. Moreover, they generated $44.2M in sales … Continue reading Wesdome Gold Mines Produces 22,437 ounces in Q2, Raises Guidance.
NightHawk Gold Corp (TSX:NHK) is a company I wrote about a few weeks back in my list of mining companies I am watching as Gold breaks $1400: Link Here. It's an intriguing proposition because of the potential for resource growth offered. Colomac at present has a 2.6m oz resource at 1.62gpt. It is expected once … Continue reading NightHawk Gold and Northfield Capital Corporation
Since stepping down as Chairman in May, Sprott has taken his ownership position down to 8% now. Below are his sales since retiring from the board: On May 21, 2019, 2176423 Ontario sold 10,000 Common Shares in the open market at a sale price of CAD $46.0000 per share. On May 22, 2019, 2176423 Ontario sold 58,400 … Continue reading Sprott sells a bit more of Kirkland Lake