Tag: Mining Stocks

Being early is the same as being wrong in my book because everyone’s timelines, objectives and opportunity costs are different. This one is no exception. Was wrong on this one. Back in September I profiled Endeavor Mining https://economicalpha.blog/2019/09/21/endeavour-mining-when-fundamentals-and-technicals-align/ and wrote back then that the fundamentals and technicals were aligning perfectly for a potential re-rate of … Continue reading Endeavour Mining – When Fundamentals and Technicals Align Take 2 →

Corvus Gold (KOR.TO | CORVF) announced this morning latest deep core drill hole at Mother Lode, intersecting 125.5m @ 2.6 g/t Gold including 14.8m @ 8.9 g/t Gold & 24.7m @ 4.9 g/t Gold. This is their best hole ever drilled to date and just happened to be in the new discovery Oxide CIZ. Prior … Continue reading Corvus Gold hits the “Mother Lode” Underneath the Main Zone →

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 →

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 →

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 →

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. →