Minimize

Welcome!

Inflation data and the trickle though to the markets and commodities

Cory댊
April 13, 2021

Sean Brodrick joins us today for a look into the CPI, inflation data, that was released today. The CPI data was higher than expected which could be the cause of the drop in the USD and rise in commodities. We also discuss the news out of the Uranium space of the planned restart of the Cigar Lake Mine.

Upcoming Webinar – April 21th @ 11pm PDT (2pm EDT) – Featuring Aztec Minerals (TSX.V:AZT & OTCQB:AZZTF) upcoming drill programs at the Tombstone Property, in Arizona and Cervantes Property, in Mexico. Simon Dyakowski, President and CEO of Aztec will join me to outline the drill programs and answer any of your questions. Please email me you questions to Fleck@kereport.com

Click here to register for the webinar.

Discussion
22 Comments
    Apr 13, 2021 13:53 PM

    To Sean’s point about Lumber:

    Lumber industry and home building materials seeing a drastic increase in price, shortages

    By Brady Ratzlaff – Global News – April 12, 2021

    https://globalnews.ca/news/7751206/lumber-industry-home-building-increase-price-shortages/amp/

      Apr 13, 2021 13:14 PM

      Brady talks about a “cubic board food”. Technically he’s correct but I was misled because it sounds like he’s talking a 12 x 12 x 12 cube. FWIW a board foot is 1 x 12 x 12. As a former builder, I thought it may help people to understand the measurements.
      Also, the developer in the new sub-division I’m living in told me they will finish only the 26 lots they have developed and then take a breather because the price of lumber is so erratic, they’re quitting until it settles down.

    Apr 13, 2021 13:06 PM

    Jaime Carrasco on the Global Reset is a must listen on Palisade: https://palisadesradio.ca/

    cfs
    Apr 14, 2021 14:26 AM

    Eloro drills 73.9 m of 155.15 g/t AgEq at Iska Iska
    2021-04-13 06:11 ET – News Release
    Mr. Thomas Larsen reports
    ELORO RESOURCES REPORTS 442 GRAMS SILVER EQUIVALENT/TONNE (AG EQ/T) OVER 166M INCLUDING 1,092 G AG EQ/T (446 G AG/T, 9.03%PB AND 1.16%SN) OVER 56.2M IN CONTINUOUS CHANNEL SAMPLING OF SANTA BARBARA ADIT, ISKA ISKA SILVER-TIN POLYMETALLIC PROJECT, POTOSI DEPARTMENT, SOUTHERN BOLIVIA

    Apr 14, 2021 14:40 AM

    More great drill results from Galleon Gold including 8.28 g/t Au over 13.04 meters…
    https://galleongold.com/news/galleon-gold-continues-to-define-gold-at-west-cache-project/

    Apr 14, 2021 14:49 AM

    Matt,could not agree with you more regarding all the great drill results.Im thinking this up coming PEA could very well be in the 2-3 million ounce range!!
    Question: there’s been talk of a share consolidation/in your opinion would this hurt or help Galleon?
    I have seen it work both ways.
    Thanks

    cfs
    Apr 14, 2021 14:01 AM

    Timmins, Ont. great jurisdiction.

    cfs
    Apr 14, 2021 14:06 AM

    Dension Mines drills 14 m of 5.04% eU3O8 at McClean
    2021-04-14 06:47 ET – News Release
    Mr. David Cates reports
    DENISON ANNOUNCES DISCOVERY OF HIGH-GRADE URANIUM MINERALIZATION AT MCCLEAN LAKE SOUTH

    cfs
    Apr 14, 2021 14:10 AM

    Golden Tag drills 50.17m of 104.64g/t AgEq at San Diego
    2021-04-14 07:37 ET – News Release
    Mr. Greg McKenzie reports
    GOLDEN TAG EXPANDS FERNANDEZ ZONE 40 METRES UP-DIP, 20 METRES TO THE SOUTH, AND IDENTIFIES BROAD ZONES OF SILVER MINERALIZATION CLOSE TO SURFACE
    Golden Tag Resources Ltd. has provided a project update, inclusive of the first three diamond drill holes from the continuing 4,500-metre exploration program, on the company’s 100-per-cent-owned San Diego project, one of the largest undeveloped silver projects in Mexico.

    cfs
    Apr 14, 2021 14:13 AM

    Adventus, Salazar drill 42 m of 3.26% CuEq at Curipamba

    2021-04-14 07:39 ET – News Release
    See News Release (C-ADZN) Adventus Mining Corp
    Mr. Christian Kargl-Simard of Adventus reports
    ADVENTUS AND SALAZAR ANNOUNCE DRILLING RESULTS AT THE EL DOMO DEPOSIT, CURIPAMBA PROJECT HIGHLIGHTED BY 3.26% COPPER EQUIVALENT OVER 42.52 METRES
    Adventus Mining Corp. and Salazar Resources Ltd. have released additional infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador.

    Apr 14, 2021 14:13 AM

    Poko, the share consolidation will be a good thing longer term and I doubt that it will have a negative impact in the short term since the market has already been told that it will happen. I bet it will be announced along with the coming new resource estimate and if some players are waiting for the details before they buy, it could obviously be good for the share price.

    Apr 14, 2021 14:23 AM

    Thanks Matt,dont have as many shares as you but I cracked the million mark this morning on the news.
    Appreciate the feedback!!

      Apr 14, 2021 14:39 AM

      Congratulations, Poko, I think we will be pleased with our bets very soon!