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
At the beginning of the year, Wesdome Gold Mines guided a production profile for the first half of 2019 ranging from 31,000 – 35,000 ounces, with the second half production estimated at between 41,000 – 45,000 ounces. For the year, the company has guided 72,000 to 80,000 ounces, or 76,000 at the midpoint. They are … Continue reading Wesdome Q2 Production Preview
The end of June has arrived. That means quarter close is here and the start of Q2 production reporting season is upon us. Kirkland Lake Gold typically reports quarterly production results within the first two weeks following the quarter close. For example, fourth quarter 2018 production metrics were released on January 8 while first quarter … Continue reading Kirkland Lake Gold Q2 Production Preview
This past week I attended the John Tumazos Very Independent Research Conference at the Jersey Shore. JTVIR followed the 121 Conference a few weeks back. The end result is the culmination of a very busy month of conferences, networking and meetings. I will add, too, that we added a new member to the family. A … Continue reading A Few Mining Names I am Watching as Gold breaks $1400.
Consolidation in the gold mining industry continues. This week was very active. A Bloomberg article mentioned IAMGold was considering various options with advisers, although the next day IAMGold issued a statement tempering that down. We saw Atlantic Gold get acquired for C$2.90 a share, which is an enterprise value of C$802M. St. Barbara was the … Continue reading M&A Winds Swirling in the Gold Space