Auryn Resources commences work on Peruvian Portfolio
A Company that we started following recently and one that I personally think should be on many resource investors radar is Auryn Resources. The Company has properties in the Yukon, B.C. Canada, and Peru. This allows Auryn to explore year-round and release a steady stream of news. With an aggressive drill program focused on making large discoveries at all three of their properties I am excited to see what comes out of the exploration in Peru.
The news release below outlines the surface sampling, trenching, mapping and geophysics all with the plan to start drilling next year. Auryn’s management team has a great track record already selling one company and growing the other into a significant producer.
Click here and listen to segment 4 of the most recent weekend show to get a the latest update.
To read the current news release discussing the work being undertaken in Peru click here.
Silverdoctors about to start daily podcast:
https://youtu.be/_DEDsXY0Ds8
Never forget the Federal Reserve is a PRIVATE BANK.
First it works for its owners,
Second it works for the US.
Maybe it will save “face” in December.
http://etfdailynews.com/2016/10/14/blackrock-get-prepared-for-december-rate-hike/
WASHINGTON (AP) Paul Wiseman-5minutes ago— Federal Reserve Chair Janet Yellen said Friday that the slow recovery from the Great Recession has surprised economists, confounding long-held beliefs about growth and inflation. Her remarks could help explain why the Fed has been reluctant to raise U.S. interest rates.
Speaking to an economic conference at the Federal Reserve Bank of Boston, Yellen did not address the Fed’s timetable for rates. The central bank is widely expected to resume raising rates in December, a reflection of an improved economy.
Yellen said sluggish worldwide growth would likely keep global interest rates low, making it harder for central banks to combat the next recession with rate cuts.
As with the aftermath of the Great Recession, Yellen noted that economists have at times been baffled by the economy’s refusal to comply with their expectations — during the Great Depression of the 1930s, for example, and the “stagflation” of the 1970s when high unemployment co-existed with high inflation.
(It’s all in the velocity, expletive concerning stupidity deleted)
Is Bill Clinton showing influence with the Big Zero?
AP reports- The Obama administration announced Friday that it is eliminating a $100 limit on the value of Cuban rum and cigars that American travelers can bring back from the island.
The administration is also lifting limits on cargo ship travel between the U.S. and Cuba and easing U.S. and Cuban researchers’ ability to conduct joint medical research.
SGE closed:
Gold at $1260.23
Silver at$18.23
From an international viewpoint.
http://mountainvision.com