More M&A in PMs – Outlining how to invest around takeovers
David Erfle joins me to follow up on our discussion from last weekend’s show regarding the increase in M&A activity and increases in financings. We focus on how he trades around acquisitions depending on if it is an all share deal or all cash deal. We also discuss what it will take to get some of the exploration companies taken out.
Click here to visit Dave’s website and find out more on his newsletter.
We are beginning to see some good exploration and discovery….
Kirkland Lake drills 1.8 m of 578 g/t Au at Lantern
2019-12-18 12:04 ET – News Release
Mr. Tony Makuch reports
KIRKLAND LAKE GOLD INTERSECTS HIGH-GRADE MINERALIZATION AT MULTIPLE TARGETS IN NORTHERN TERRITORY, RESULTS SUPPORT POTENTIAL RESUMPTION OF OPERATIONS
Kirkland Lake Gold Ltd. has provided an update on further exploration success in the Northern Territory, Australia, at the Union Reefs project (Millars and Union North deposits), the Lantern deposit and the Liberator target near Cosmo, and the Gandy’s deposit in the Pine Creek project area. Results continue to highlight the potential for long-term, profitable mining operations in a historic mining district with over 4.5 million ounces of gold produced over the past four decades. Kirkland Lake Gold owns 100% interests in most of the significant gold deposits.
Skeena drills 1.5 m of 1,131.91 g/t Au at Snip
2019-12-18 09:42 ET – News Release
Mr. Walt Coles Jr. reports
SKEENA INTERSECTS 1,131.91 G/T (36.39 OZ/T) GOLD OVER 1.50 M IN NEW FOOTWALL MINERALIZATION AT SNIP
Skeena Resources Ltd. has released initial analytical results from the recently completed phase I surface exploration drilling program at the 100-per-cent-owned Snip gold project located in the Golden Triangle of British Columbia. The 2019 surface program consisted of 10 surface drill holes totaling 1,934 m which expanded exploration of the 200 Footwall Corridor. Reference images are presented at the end of this release as well as on the Company’s website.
Phase I Snip Drilling Highlights
1,131.91 g/t Au over 1.50 m from 249.60 m depth (S19-044)
Including: 3,390.00 g/t Au over 0.50 m
7.37 g/t Au over 6.65 m from 41.00 m depth (S19-040)
Including: 23.40 g/t Au over 1.00 m
And: 35.70 g/t Au over 0.50 m
Actual core lengths are reported due to a lack of supporting data to properly calculate true widths. Length weighted composites were constrained by geological and grade considerations. Grade capping of individual assays has not been applied to the Au assays informing the length weighted composites. Samples below detection limit were nulled to a value of zero.
Anyone know why Barrick and NEM sold the big Kalgoorlie mine? Some Aussies wanted it.
(ANX) (ANXGF) Anaconda Mining Files Updated Resource Estimate for the Goldboro Gold Project
by @newswire on 18 Dec 2019
https://ceo.ca/@newswire/anaconda-mining-files-updated-resource-estimate-for
Nancy P is brilliant in her use of strategy in offering witnesses for both sides Repubs can have an hour each of joe and hunter Biden , and DEMS can have a hour each of Mulvanedy and Pompeo . Would be great television WOW love to you all and best of health rsh
Nancy P is an idiot, at best.
Can Great Bear take over be far away ?