BoAML Looks for Higher Gold Price
and Silver Prices But...
Bank analysts are beginning to buck the trend. The analysts usually play for safety so tend to be reactive to moves in the gold price, rather than proactive in going out on a limb and forecasting higher prices when their peers are mostly pessimistic. Read more...
Are Billionaires Driving the Gold Rush?
After two world renowned billionaire investors said they see value in gold as stocks are overvalued, most gold and gold mining stocks and funds rallied; Michael Berger, Associate Editor of MoneyShow.com highlights catalysts that could drive the price of gold higher over the next twelve months and stocks and funds he likes.
Brexit Could Cause Gold Price to Soar
The surge in gold prices since the beginning of this year following three years of decline could gain further momentum if U.K. citizens vote in favor of the Brexit, which is looking increasingly more likely. The price of gold, a metal perceived to be a safe haven for investors in times of economic stress, could “explode”.
Kirkland Lake Gold Appoints New Chief Executive Officer
Kirkland Lake Gold Inc. an intermediate gold producer with operations in Ontario, announced that George Ogilvie has resigned from the Company and that the Board of Directors has appointed Anthony P. Makuch as CEO.
China & Russia Buying Gold ‘as Safe Haven’
The central banks of China and Russia are buying gold as a 'safe haven' according to analysts, growing their bullion reserves to defend against the worsening financial and economic outlook.
SilverCrest Metals Inc Reports Further Continuous High Grade Underground Results At Las Chispas; Extends Surface Drilling Program
Argonaut Gold Acquires Land, Submits Permit Application
and Files the Technical Report for its San Agustin Project
Argonaut Gold Inc. announced that it has come to an agreement to acquire the necessary land to develop its San Agustin project in Durango, Mexico. This recent land agreement allowed the Company to file for the required Change in Use of Soil permit. The Company expects to make a construction decision during the second half of 2016.
Torex Pours 29,995 Gold Ounces in May and 92,460 Ounces YTD Aided by a Positive Reconciliation Against the Geological Model
Torex Gold Resources Inc. announced updates on operations and geological model reconciliation at its El Limon-Guajes Mine (ELG) in southwest Mexico. In May Torex routinely operated the processing plant at design throughput levels and produced 29,995 ounces of gold, or 1,000 ounces per day.
Eastmain Resources and Partners Commence a $2 million Exploration
Eastmain Resources Inc. is pleased to announce a $2 Million work program, including 5,000 metres of diamond drilling at the Éléonore South Joint Venture property in Quebec’s James Bay gold district. Read More...
Barkerville Gold Mines Intersects 9.97 G/T (0.29 Oz/T) Gold Over 31.0 Metres Including 15.15 G/T (0.44 Oz/T) Au Over 14.00 Metres In Phase II Drilling On Barkerville Mountain
Barkerville Gold Mines Ltd. announced results from the Phase II exploration and infill drilling programs on Barkerville Mountain at the Company’s flagship Cariboo Gold Project.
What to Ask Before Investing in Natural Resource Stocks
Rick Rule, Chairman of Sprott Global Resource Investments Ltd., says that the ‘management interview’ is critical before investing in any junior resource company. Here are the questions to ask before investing.
Brent Cook Reveals His Rules and Guidelines for Evaluating Junior Exploration Projects and Companies
Independent exploration analyst, Brent Cook and a number of his accomplished friends have compiled a list of “must read” rules and guidelines for evaluating junior exploration projects and companies.
Jay Taylor: Turning Hard Times Into Good Times
How Will We Know When to Sell our Gold Stocks?
Jay Taylor, miningstocks.com, interviews Rick Rule and Michael Oliver return. No one has been better at picking major market turns than Michael Oliver. In the middle of 2015 he called the bottom in gold and said "prepare to go long". Recently when most other technical analysts have been uncertain that a new gold bull market was born, Oliver correctly stuck to his guns. From a macro point of view, Oliver has been the most reliable and your host’s subscribers have profited mightily. Through June 7, gold stocks in J Taylor’s Gold and Energy Tech Stocks newsletter are on average, up triple digits! But when will we know the party is over so we take profits before they disappear? No one is better able to provide insights into that most important question, especially when dealing with individual stocks, than Sprott’s legendary investor Rick Rule. What kind of companies is Rick putting his money into during these early days of this resurgent gold bull market? For money making ideas, you can’t afford to miss this show.
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