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Will mining company earnings result in a leg higher for stocks or the correction some are waiting for?

Cory
July 16, 2020

Craig Hemke joins me today for a look ahead to upcoming earnings results from mining companies. Expectations are for a good round of earnings however the stocks are stagnant into these reports. Will earnings be the catalyst for the next leg higher or will they pull the shares into the correction that is due?

Click here to visit Craig’s site – TF Metals Report.

Discussion
106 Comments
    Jul 16, 2020 16:55 PM

    I like listening to Craig Hemke, he is well spoken, well thought out, quick witted, and a good foil for Eric Sprott. DT

      Jul 16, 2020 16:26 PM

      +1

        Jul 17, 2020 17:30 AM

        Good thing I recommended to OWL…to bring on the TURD……that the TURD….. was good entertainment… 🙂

          Jul 17, 2020 17:50 AM

          Yes, I remember seconding that idea back when we were discussing T.F. on the blog before he was a guest.

            Jul 17, 2020 17:00 AM

            TF…..needs to be paying us a sponsor FEE.or finders fee………….. lol

            Jul 17, 2020 17:27 AM

            Maybe a monthly bullion allocation. At one point he had his own gold coin. Sending us one of those would be nice. 🙂

            Jul 17, 2020 17:29 AM

            OK……that would be fine with me….. 🙂

      Jul 17, 2020 17:20 AM

      … and here it Craig & Eric wrapping up the week.

      Sprott Money News Weekly Wrap-up

      7.17.20 Host Craig Hemke

      “Eric Sprott discusses the precious metals and looks ahead to earnings season for the mining companies.”

      https://youtu.be/NJsPiaZAnMU

        Jul 17, 2020 17:35 AM

        Eric gets into Wallbridge, Freegold Ventures, Spanish Mountain Gold, Amex Exploration, and American Creek.

          Jul 17, 2020 17:23 AM

          I enjoy TF and ES and their weekly conversations. ES seems willing to express his thinking on the “whys” of why he invests in certain stocks. I try to listen to their conversation before doing any Friday trading. I also check the Korelin site, 321 Gold and ceo.ca news.
          Today was some house cleaning. Switched some Santacruz to Southern Silver. Switched Sitka to Defiance as a new buy. And returning to Orex and Orezone yesterday has both those up at the moment. Southern Silver and Impact were perky today.

            Jul 17, 2020 17:34 AM

            Agreed David. It is nice to hear why Uncle Eric likes a particular company and the thesis behind it. Good website lists with the KE Report, 321Gold, ceo.ca news/mining, and I also jump on Seeking Alpha for any macro thoughts or editorials on specific miners. Mining.com is a good one too.

            Out of those stocks you mentioned – I’m just holding my Santacruz Silver, Southern Silver, Defiance Silver, Orex Minerals, and Orezone run higher with the Silver price.

            I don’t have any Sitka Gold, but did look at it when you brought it up last time.

            Yes, Impact Silver, Southern Silver, Santacruz Silver, and most of the silver stocks have been very perky today and the last few weeks.

            Ever upward!

            Jul 17, 2020 17:36 AM

            I was just lumping those companies together, but obviously Orezone is one of the premier Gold developers (not a silver company). I’m holding it as well for the march upwards in the PMs for the medium to longer term.

            Jul 17, 2020 17:38 AM

            Also, it is fascinating to watch Silver continue to flirt with the 2019 high of $19.75 and I’m hoping it closes the week above that level, and it was up to $19.78 earlier, but now is hovering 2 ticks below it at $19.73. Looking for a strong weekly close here!

            Jul 17, 2020 17:03 AM

            (SCZ) (SZSMF) Santacruz Silver announced earlier this week that their AISC was $20.39. With Silver moving higher towards $20, then they are getting very close to break-even here, and their economic margins will be improving more than almost any other Silver producer on a percentage basis. (along with the higher cost Endeavour Silver as well)

            Jul 17, 2020 17:05 AM

            If/when Silver finally does break above the 2016 high of $21.23, then Santacruz will really move.

            Jul 17, 2020 17:14 PM

            If you like orezone that much Ex you should buy the warrants for extra leverage. Expire in 2023 if memory serves me correct

            Jul 17, 2020 17:06 PM

            Hey Wolfster – Yes, you’ve mentioned the Orezone warrants before, and it is worth consideration. I just normally like holding the ordinary shares, but since I believe those are going to be more valuable, I guess grabbing a swath of longer-dated warrants makes sense. Keep the good ideas coming!

          Jul 17, 2020 17:36 AM

          I still have mire Santacruz than Southern Silver, but 3x the profit in Southern. If that changes, I will shift back. Also, second day in a row added to Freegold. Looking for a repeat or similar to their last hole. If not, then I will shift to Vizsla to see if they repeat. If not, then I will move to Bolivia.

            Jul 17, 2020 17:09 PM

            Yeah, Southern Silver has really been on a tear lately, and I’ve considered lightening up a bit, but their ounces in the ground are being rerated higher with Silver, and Silver is looking like it may break out soon.

            Vizsla has been moving again today so that is nice to see.

            When you say Bolivia are you thinking (NUAG) New Pacific Metals?
            (I have exposure to them because Silvercorp (SVM) owns 29% and helped create them)

            https://newpacificmetals.com/corporate-presentation

            Jul 17, 2020 17:45 PM

            Bolivia: just give up and move there. But, now you have given me another idea.

            Jul 17, 2020 17:04 PM

            Oh – Haha! I’ve never visited Bolivia but it may be a good place to hide out.

            Yeah, New Pacific has had some stellar exploration work the last 2 years, and I thought Silvercorp would just buy them out, but then they made the move to try and acquire Guyana Goldfields. Who knows, but NUAG was the only silver play that came to mind in Bolivia. I’m sure there are more though…

    Jul 17, 2020 17:03 AM

    Silver Chart Showing Massive Upside says Don Durrett

    MiningStockEducation – July 16, 2020

    “Professional mining stock investor Don Durrett of GoldStockData returns to the show to discuss the current precious metals market and share his thoughts on today’s junior gold sector. Don’s technical analysis of the silver chart concludes that “the silver chart is actually stronger than the gold chart” in regards to its potential upside.”

    0:00 Introduction
    1:30 Silver chart massive upside
    4:32 When to sell silver stocks
    9:27 Gold goes up whether economy goes up or down?
    12:20 Ideal merger or acquisition
    15:33 Kirkland Lake Gold’s share repurchase program
    19:05 Market rewards free cash flow
    21:25 Large bulk-tonnage deposits
    23:49 Feedback from subscribers

    https://youtu.be/n5xqFD1qVtE

      Jul 17, 2020 17:15 AM

      Anybody who doesn’t listen to these analysis by professional mining stock investors is doing themselves a great disservice. Cram picked with very useful information it makes investing a lot easier. Much appreciated, Ex.

        Jul 17, 2020 17:16 AM

        Agreed DT. These Mining Stock Education podcasts are fantastic, and there are so many interesting guests (including many regular guests here at the KER). I particularly like Don Durrett and his site Gold Stock Data has a wealth of information on Junior Mining stocks. Cheers!

        Jul 17, 2020 17:02 AM

        Ditto DT…..and Ex……

      Jul 17, 2020 17:51 AM

      Good comments on the same thing we have been talking about……
      $22 to 23……silver …..$27….then$ 49……

        Jul 17, 2020 17:52 AM

        All our talk on phyz…..has been waiting……..for the numbers…..

          Jul 17, 2020 17:54 AM

          Funny on the 2011 , on the false top…….glad I was not the only one duped …..

        Jul 17, 2020 17:17 AM

        OOTB – Yes, the Silver targets are reasonable.

          Jul 17, 2020 17:23 AM

          The guy in the tape…….is no further ahead, than we at the KER…. LOL

            Jul 17, 2020 17:26 AM

            I believe he is a fan of the show. 🙂

            Jul 17, 2020 17:27 AM

            LOL……… he should be…. 🙂

      Jul 17, 2020 17:39 AM

      Jeff Clark: The Real Crash and How to Hedge with Triple-Digit Silver

      Palisade Radio – July 17, 2020 #AudioInterview

      “Tom welcomes a new guest to Palisade, Jeff Clark, who is Senior Precious Metals Analyst of GoldSilver.”

      “Jeff discusses what led him to become interested in mining and metals. He worked and learned from Louis James and Doug Casey and now works with Mike Maloney.”

      0:40 – What led Jeff to metals.
      4:25 – Real estate vs. gold/silver.
      9:40 – Is triple digit silver coming?
      12:00 – Understanding the size of the silver market.
      17:00 – Mine supply for silver reamins in decline.
      21:30 – Time to bring new mines online.
      24:00 – Leverage via the miners.
      27:30 – Volatility with silver.
      31:00 – Risk of confiscation.
      32:50 – Selling when the time comes.

      https://youtu.be/Gf-cvEZlDL4

        Jul 17, 2020 17:24 PM

        Silver closed exactly at $19.75 today (at the exact same level as the 2019 high in Silver).

        It would have been nice to see the weekly close at $19.76 or higher, but hell it is still a very bullish move and weekly close, and it made a higher high earlier in the week.

          Jul 17, 2020 17:47 PM

          Stockcharts does show 19.76 as the close but I see no reason to care one way or the other since last week’s multi-year high close was just 19.05 and last year’s absolute high was exceeded during 4 of the last 5 sessions. In addition, 4 of the last 5 daily closes were higher than last year’s highest daily close while last year’s highest weekly close was a whopping buck-and-a-half lower than this week’s close.

          You’d have to go back to September, 2016 to find a higher weekly close than we just got today.

            Jul 17, 2020 17:53 PM

            Yeah, good point, it was a solid weekly close for sure, and I see that Stockcharts is showing it at $19.76. Nicely done Silver.

            http://schrts.co/jBYFkCxQ

        Jul 17, 2020 17:29 PM

        Silver Prepares For What Can Be An Epic Move

        Jul. 13, 2020 – Andrew Hecht

        New lows in Q1 to new highs in Q2.

        Waiting for gold to break to new highs?

        The 2016 peak is a key.

        Silver has lots of potential.

        Junior mining shares send a signal- SILJ.

        https://seekingalpha.com/article/4358174-silver-prepares-for-what-can-be-epic-move?li_source=LI&li_medium=liftigniter-widget

    cfs
    Jul 17, 2020 17:46 AM

    Marin Katusa talks to rich dad.

    https://www.youtube.com/watch?v=dJGUhWq7Efk

      Jul 17, 2020 17:12 AM

      Talked about this yesterday…….Swap lines…..

        Jul 17, 2020 17:14 AM

        On July 15, 2020 at 6:57 pm,
        OOTB Jerry says:
        Anybody Know anything about SWAP LINEs ,,,that the Fed is using to lend money to other countries……..According to Katusa, it is going to be important,,,,that if, you are going to invest in miners, in countries that the FED is not lending money , ….Mining companies my be taken over or nationalized…..

        Reply to this comment
        On July 15, 2020 at 6:57 pm,
        OOTB Jerry says:
        JUST A MEMO…….and HEADS UP………

        Reply to this comment
        On July 15, 2020 at 7:23 pm,
        OOTB Jerry says:
        The Fed said the swaps, in which the Fed accepts other currencies in exchange for dollars, will for at least the next six months allow the central banks of Australia, Brazil, South Korea, Mexico, Singapore, Sweden, Denmark, Norway and New Zealand to tap up to a combined total of $450 billion, money to ensure the world’s dollar-dependent financial system continues to function.

        Those countries were given swap lines during the 2007 to 2009 crisis, and the Fed has permanent swap arrangements with the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank.

        Reply to this comment
        On July 15, 2020 at 9:22 pm,
        Excelsior says:
        OOTB – yep saw that from Katsua about a month or two back regarding fed swap lines and jurisdiction risk. While there may be some consideration there from rogue nations, and a few may nationalize mines in central Africa or Indonesia or maybe Latin America, most countries should have learned not to do that as they get taxes, GDP, jobs, roads, power infrastructure, etc by having foreign investments from mining companies.

        The topic circulated over at ceo for a few weeks and most concluded it wasn’t as big of concern as it was hyped to be to sell newsletter subscriptions.

        Reply to this comment
        On July 16, 2020 at 3:57 am,
        OOTB Jerry says:
        I do not listen to Katsua…..so, I guess I am behind the curve.. : ) ….thanks for the reply..

        Reply to this comment
        On July 16, 2020 at 6:11 am,
        Excelsior says:
        It is an interesting point to consider on the swap lines with the fed, and may help countries like Mexico, Canada, Great Britain, Japan, Switzerland, the EU, Austalia, South Korea, etc… get stabilized if the monetary system further degrades and currency wars escalate. However, Katusa’s main point was that countries outside of these countries could all go belly up and seize the mines in each country to nationalize them. I guess it is possible in a few, but I’m not staying out of West African countries, one of the best areas on the planet for Gold mining, just because they don’t have swap lines with the USA. There are plenty of countries in Central and South America I’m invested in, that don’t have swap lines (I believe only Brazil has one). There are Asian nations I’m invested in that again, have no swap lines.

        Most investors felt the same way after mulling things over, and while it is in an interesting point, most of the untapped areas to explorer are in the frontier emerging nations, and while they have more risk, they also can have monster deposits one modern mining methods are used to explore the last real unknown areas.

        Reply to this comment
        On July 16, 2020 at 6:45 am,
        OOTB Jerry says:
        I think Katusa…also pointed out……..there are no swap lines to govts that do not play along with the usa/fed/dollar ….so, the countries with out the dollar or these swap lines(loans), will be force to nationalize the mines to keep their govt running….with gold.
        Gold will be the last man standing , after the collapse of the fiat dollar bogus Federal Reserve Note…
        We have to be getting close………
        Main point…….if, I am an investor in mining companies…..the less risk the better…..therefore only invest in safer areas……..

        On July 16, 2020 at 6:47 am,
        OOTB Jerry says:
        I think we are all on the same track……….jmo

        On July 16, 2020 at 8:21 am,
        Matthew says:
        Jerry, Rick Rule disagrees with Katusa’s concerns and so do I, for what it’s worth.

        On July 16, 2020 at 2:00 pm,
        OOTB Jerry says:
        Matthew…….Thanks for the reply……

          Jul 17, 2020 17:20 AM

          On July 15, 2020 at 6:44 pm,
          OOTB Jerry says:
          On July 15, 2020 at 6:43 pm,
          OOTB Jerry says:
          Anyone know who the countries are that have SWAP LINES with the US FED……”””???
          This is a heads up…….for mining in friendly countries……before they take over mines.

          Reply to this comment

            Jul 17, 2020 17:21 AM

            On July 15, 2020 at 7:20 pm,
            OOTB Jerry says:
            Here are the SWAP LINE COUNTRIES
            The Fed said the swaps, in which the Fed accepts other currencies in exchange for dollars, will for at least the next six months allow the central banks of Australia, Brazil, South Korea, Mexico, Singapore, Sweden, Denmark, Norway and New Zealand to tap up to a combined total of $450 billion, money to ensure the world’s dollar-dependent financial system continues to function.

            Those countries were given swap lines during the 2007 to 2009 crisis, and the Fed has permanent swap arrangements with the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank.

          cfs
          Jul 17, 2020 17:39 AM

          You guys know I march to the beat of my own drum, but consume as much information as I can. While I tend to agree with the five-year time line of nationalization of miners, AND while I think the Fed will keep the system going longer than most others think, I do NOT THINK think the economy can remain stable for another 5 years.
          It, of course, depends on Trump’s re-election. But even if he gets re-elected and starts a massive infrastructure re-building program to boost the economy, I am still projecting a 3 year time-line, using best assumptions.
          (With Biden elected, I’m projecting less than 18 months.)

            Jul 17, 2020 17:42 AM

            Marching to the beat……..and being a step behind…… 🙂

            Jul 17, 2020 17:50 AM

            You should listen to Peter Schiff……on that one…. Ebo, posted it in the other section….
            Govt…..can not get us out of this one…..Less GOVT, would have been the key…..
            Middle class……..has been wiped out…….DEBT….DEBT…..DEBT….and no Savings….people are TOAST……

            cfs
            Jul 17, 2020 17:51 AM

            Ther is a sifnificant problem with corruption in Turkey, Pakistan, Bangladesh, and parts of India, where fraudulentcertificates of Covid-19 Free status are being sold at about half the cost of a covid-19 test.
            Thus Middle East (Dubai,Saudi Arabia, etc.) requirements for incoming travellers are being made useless. We can expect more covid-19 spread and more and more crackdown on travel.

            Jul 17, 2020 17:52 AM

            This is not the COVID 19…..comment section…..we were talking about SWAP LINES….

    Jul 17, 2020 17:14 AM

    Kevin Wadsworth: $2000 Gold and $21 Silver Price Spikes Incoming

    Palisade Radio – July 16, 2020 #AudioInterview

    https://youtu.be/Kjpa7-Hgt1Y

      Jul 17, 2020 17:18 AM

      Sprott Money News Weekly Wrap-up – 7.17.20

      “Eric Sprott discusses the precious metals and looks ahead to earnings season for the mining companies.”

      https://youtu.be/NJsPiaZAnMU

        Jul 17, 2020 17:20 AM

        Oops! I meant to post this up at the top in the Craig/T.F. thread.

    Jul 17, 2020 17:44 AM

    FULL RETARD…….. the guy forgot his mask….and Shot…….. this is part of the real economy……POLICE STATE……
    https://www.zerohedge.com/political/canadas-first-mask-murder-ontario-police-kill-73-year-old-man-after-he-refused-comply

      Jul 17, 2020 17:56 AM

      Dang…Jerry, you see this? Poor Peter Skiff…describes/explains his Joe Rogan “Experience.”

      https://www.youtube.com/watch?v=_i_TTmzpt_U

        Jul 17, 2020 17:13 AM

        Yeah, I caught Peter on the Joe Rogan Experience and got a kick out of him like normal, but he did talk over Joe, like he talks over folks on almost every interview he does. To be fair there was a delay caused by Skype where they both talked over one another. Joe also has a point of interrupting a guest when they are on a roll to ask a point he wants to share.

        Most of the folks in the comment section on the JRE site didn’t get Peter’s points at all and blamed him for being a tone deaf conservative rich white guy talking about fiscal responsibility and saving when folks are broke. I don’t think most of the sheeple were ready for Peter’s economic knowledge or his comments trashing all the government and Fed spending.

          Jul 17, 2020 17:38 AM

          ditto Ex……beside, sheeple are way behind the curve on about everything…..
          If, you took a poll, ….most would think the FED., is Federal …. lol…

            Jul 17, 2020 17:39 AM

            Agreed about the lack of understanding from the sheeple.

        Jul 17, 2020 17:35 AM

        Ebo…….I missed it…….I agree with Peter, on people and the thumbs down, maybe, have not heard his “style” before…..Most people do not have a clue anyway….

      Jul 17, 2020 17:38 PM

      False ZeroHedge title and false summary by you Jerry. He was not shot for not wearing a mask. The fact is he refused to wear a mask in a grocery store and was even offered a free mask. This mask would have helped to protect other people should he have had COVID-19. But no the asshole decided to assault a store employee instead after which the criminal left. When the police went to the criminal’s home hours later, that is when he was shot. His being shot had nothing to do with wearing a mask.

        Jul 17, 2020 17:53 PM

        The real assholes are the dumb majority who don’t understand that they are being played and then used to beat their betters into submission.

          Jul 17, 2020 17:19 PM

          Ditto…..
          People are so lost , it is pathetic at this point…..

            Jul 17, 2020 17:24 PM

            Nothing False in my Statement….Did he forget his mask….Yes, …..Was he shot, Yes….I did not say when he was shot…..You assumed to much…

            Jul 17, 2020 17:36 PM

            Just the thought of someone being shot……for a mask issue is asinine……
            You have assumed….”This mask would have helped to protect other people should he have had COVID-19″…..If…..he had,,,,now he is for SURE DEAD…….

            Jul 17, 2020 17:18 PM

            Wrong Jerry. you just made another false statement. He was not shot for a mask issue. He was denied entrance to the store for a mask issue. The police went to his home because he assaulted someone. Not because of a mask issue. And I assumed nothing.

            Jul 18, 2020 18:24 AM

            THE WORD……….is………ALLEGEDLY…….
            Right before the killing, the man had refused to wear a mask and allegedly assaulted

            Jul 18, 2020 18:54 AM

            They always say allegedly. There were several witnesses.

            Jul 18, 2020 18:27 AM

            I did not see anywhere in the article I posted ……that ….said……”SEVERAL Witness” ….

            Jul 18, 2020 18:30 AM

            But, ……I will give you credit…..it says…. “My coworkers “….

            Jul 18, 2020 18:37 AM

            Still senseless……..both the Mask and the Killings..are a complete…DIVERSION ……..
            There are some interesting articles ,…….which are really part of this OVERALL corruption, posted on the Sat blog…..but, might be a little deep for some…..

            Jul 19, 2020 19:20 AM

            Christians…….need to wake up…….perversion of the highest degree , by the GATES FOUNDATION…..do not fake yourself out to the perversion……just saying….
            Contributing to the con, makes you a will participant……

            Jul 20, 2020 20:53 AM

            You were correct jmiller. That jerry guy was wrong. That matthew gut sounds like an asshole himself.

            Jul 21, 2020 21:40 PM

            Paul…..since, you are new,…..we will over look you being retarded, concerning your comment on Matthew……
            If, you like the site, contribute.
            And , as I said to JMiller, ….I did make my corrections… 🙂
            And I will put further comments out, for Peer Review….

            Jul 29, 2020 29:04 AM

            Yes paul, Matthew can be an that way at times.

            Jul 30, 2020 30:12 AM

            You too, JMiller and small paul is always an asshole.

        Jul 17, 2020 17:48 PM

        BTW……..JMILLER…….why don’t you start contributing some info……instead of picking every deal……..Just a suggestion……of course… 🙂

          Jul 17, 2020 17:07 PM

          Here is a good one…….One Year in Jail……..for not wearing a Mask….Jail time in Colorado town for not wearing a mask………Asinine NO. 2…. 🙂
          Englewood, Colorado, a major suburb of Denver, has made it a crime to leave your home without wearing a mask.
          https://www.zerohedge.com/political/colorado-town-threatens-year-jail-not-wearing-mask

            Jul 17, 2020 17:11 PM

            Anyone over six years old must wear a mask at all times, anywhere in public or in private businesses. And the punishment for breaking the law is up to a year in jail.
            ANYONE OVER 6yrs. old……….Come on……Full RETARD…..

            Jul 17, 2020 17:26 PM

            Personally I would just shoot any offenders. /sarc

            Jul 18, 2020 18:39 AM

            then……..BLM…….are going to have a field day with that one………

            Jul 18, 2020 18:42 AM

            Now, ….if, you get shot. and not wearing a mask….does that go into the category of death by COVID 19…. lol

            Jul 18, 2020 18:55 AM

            BLM would already be dead if it was up to me.

    cfs
    Jul 17, 2020 17:17 AM

    Immunity Passports are coming….with a monthly charge, if you want to travel, even on buses or anywhere INSIDE countries.

    https://www.youtube.com/watch?v=F1EVs2GMsRg

    Jul 17, 2020 17:18 AM

    Interesting GOLD CHART today………….no sell off at London….. hummm

    Tom
    Jul 17, 2020 17:22 AM

    long TGTX here. Good Covid potential, pipeline and chart!

    Jul 17, 2020 17:04 AM

    (SIC) Sokoman is up about 17% today, so quite a nice bounce here off oversold levels.

    https://www.dropbox.com/s/md56ln4us864wof/Sokoman%20Minerals%20Presentation%20May%202020.pdf

      Jul 17, 2020 17:07 AM

      As a new shareholder I’m thrilled with this move off the good exploration news 2 days ago.

      SOKOMAN MINERALS REPORTS PHASE 5 RESULTS AT MOOSEHEAD GOLD PROJECT
      July 15, 2020

      “A total of 4,619 m was drilled in 17 holes targeting the lower high-grade shoot at the -200 m vertical level, as well as near-surface mineralization in the upper main zone. The lower high-grade shoot reported strong results including the following selected highlights:”

      MH-20-86 4.70 m @ 18.60 g/t Au, incl. 1.85 m @ 46.99 g/t Au (from 271.80 m downhole)*
      MH-20-82 9.50 m @ 5.70 g/t Au, incl. 1.70 m @ 29.19 g/t Au (from 206.50 m downhole)*

      https://sokomanmineralscorp.com/2020/07/15/sokoman-minerals-reports-phase-5-results-at-moosehead-gold-project/

        Jul 17, 2020 17:25 PM

        Take care of my Sokoman shares. They haven’t got out much. Just added back some Azimut.

          Jul 17, 2020 17:44 PM

          haha! I may take them out on the town for a spell. 🙂

          I’ve been considering Azimut…. I really have….. thanks for bringing it back up.

            Jul 17, 2020 17:08 PM

            Well I did put in a stink bid offer the for the last 15 minutes, but no dice. I see they increased the size of their drill campaign from 6,000 to 10,000 meters so that seems encouraging.

            Jul 17, 2020 17:27 PM

            I am thinking that since they hit on 7 of 7 holes last time, they will not stray too far from their success. At least for the next round. Might be totally wrong.

            Jul 17, 2020 17:59 PM

            Yeah, and while they are waiting for assays, they mentioned seeing all the right kinds of minerals in the core they sent off to the lab. Also, companies don’t usually increase a drill campaign unless they are finding what they want to see. Thanks David!

    Jul 17, 2020 17:39 AM

    Regulus Resources (REG) – Copper Explorer Re-Igniting Investor Story

    Crux Investor – July 17, 2020 #VIDEO

    00:00 – Introduction
    2:24 – Company Overview
    3:06 – The Copper Market: Why are Investors Interested in Copper Again?
    9:23 – Regulus’ Share Price Decline: Reasons, Plan and Growth Strategy
    16:23 – New Permit, New Possibilities?
    19:21 – Ownership of Land: Who’s Consolidating Who?
    22:13 – Pre-PEA Data: What Do They Know About What They’ve Got?
    24:32 – Cash Position and Future Raises: What News Should We Expect Until Then?
    26:36 – Scale vs Ore Data: Exciting the Market
    29:23 – How Much More Money do They Need to Build Up a Company of Interest to a Major?
    33:03 – Why Should You Consider Investing in Regulus?

    https://youtu.be/Y-iZpv2Y7JY

      Jul 17, 2020 17:46 PM

      Regulus is one of a handful of Copper stocks I just got back positioned in and I’ve been encouraged by what they’ve accomplished over the last 2 years, and feel the current valuation is very intriguing.

    cfs
    Jul 17, 2020 17:50 AM

    There’s a lot of uber-hyp again in electric cars.
    e.g. using “quantum batteries” , which use a glass electrolyte.

    Supposed to be able to recharge in 10 minutes….which is garbage physics, even if the battery concept comes out of the same labs that developed the Li ion battery.

    Jul 17, 2020 17:32 PM

    Great Bear coming alive at end of week. Maybe says something about next week.

      Jul 17, 2020 17:12 PM

      Waking up from hibernation?

    Jul 17, 2020 17:43 PM

    (NEE) (NHVCF) Northern Vertex Reports Record Production of 11,530 Gold Equivalent Ounces and Revenue of $18.2 Million in Fiscal Q4

    by @newswire on 14 Jul 2020

    – Record revenue $18.2 million
    – Record gold equivalent production of 11,365 ounces
    – Record gold production 10,530 ounces
    – Record one day gold production of 167 ounces
    – Record one day crusher throughput of 11,545 tonnes
    – $6.8 million cash on hand as at June 30, 2020

    https://ceo.ca/@newswire/northern-vertex-reports-record-production-of-11530

      Jul 17, 2020 17:49 PM

      I’ve been very constructive on Northern Vertex for the last year and half, and it’s ascent higher has caused it to grow to a larger and larger weighting in my portfolio, now in my top 10. I’m likely going to trim it back a bit soon, but that is hard to do when it has been performing like a champ.

        Jul 17, 2020 17:53 PM

        Northern Vertex: I have yet to look at that one but up 13% on Friday afternoon. I would be tempted to see how next week goes for a momentum check. However…they are everywhere…everywhere this afternoon.

          Jul 17, 2020 17:12 PM

          Yeah I first started positioning in Northern Vertex back in 2018. I actually picked NEE for the 2018 stock picking contest over at ceo.ca, but was a year early. They really took off last year and have continued moving this year, and rightly so, as they transitioned from a Gold Developer to a Gold producer, had a few speed bumps getting started (like any new mine) but now they are humming right along with production into rising metals price environment.

          I love it when a plan comes together!

            Jul 17, 2020 17:50 PM

            Correction, I was doing that from memory but just went and check and I was off a year once again. (lol)

            I had picked NEE for @EvenPrime’s 2019 stock picking contest (not the 2018 spc). Most of 2018 Northern Vertex was selling off, and I didn’t even first get positioned until November 1st of 2018 and added more on Nov 8 2018, which was why I picked it for 2019. It continued to sell off for the first half of 2019 and I was underwater on it for a while. Most recently I added more Northern Vertex on March 3rd and March 19th of this year, which has worked out well, but that is true in almost every Gold or Silver miner since then.

            Last year NEE did OK from the Summer into the Fall, but it really has sprung to life since the March lows, at a 2-bagger off the lows. After looking at the chart, I may just hang onto my position for now as it has a ways to go to even make it up to the valuation it had back in 2017 and early 2018, much less exceed those levels.

            http://schrts.co/ZkTrwmSg

            Jul 17, 2020 17:02 PM

            Also the Market Cap of Northern Vertex is only at $108 Million which is smaller by many magnitudes than so many exploration and development stocks that are not even producing yet, and may never get into production. It’s in a great jurisdiction and has a nice balance of both Gold & Silver and good costs. Also, they have a power line being connected that should help drive costs even lower.

            https://northernvertex.com/site/assets/files/2183/nee_presenation_july_14_2020_final_1.pdf

            Jul 17, 2020 17:13 PM

            Another point regarding Northern Vertex is that their Moss Mine is on the southern part of the Walker Lane gold trend that goes from Nevada down into Arizona & par of California.

            Northern Vertex is not far from Equinox Gold’s Castle Mountain project.

            http://cdn.ceo.ca/1fh48cv-Walker%20Lane%20Gold%20Trend%20Moss%20Mine%20Northern%20Vertex.JPG

      Jul 17, 2020 17:25 PM

      (GAU) Galiano Gold Reports Preliminary Q2 2020 Results

      by @newswire on 9 Jul 2020

      AGM Q2 Highlights (100% basis):

      Proceeds of $101.3 million generated from gold sales of 61,385 ounces at an average realized price of $1,651 per ounce

      Record gold production of 69,772 ounces

      Mined 1.36 million tonnes (“Mt”) of ore, including 0.62Mt of ore from Esaase

      Processed a record 1.64Mt of ore with an average gold grade of 1.4 grams per tonne (“g/t”)
      “The Asanko Gold Mine delivered another record quarter in milling and production,” said Greg McCunn, Chief Executive Officer. “With a second quarter of execution we remain on track to deliver between 225,000 and 245,000 ounces of gold at all-in sustaining costs2 of between $1,000 and $1,100 per ounce for calendar 2020. The strong performance of the operations enabled a further $30m distribution from the joint venture during Q2.

      “As a result of receiving $15m in distributions from the AGM, the Company’s financial position continued to strengthen with our corporate cash and receivables balance increasing to approximately $68 million at quarter-end with no debt.”

      https://ceo.ca/@newswire/galiano-gold-reports-preliminary-q2-2020-results

      Jul 17, 2020 17:58 PM

      (IO) Inca One Announces Proceeds of $1.8 Million from Warrant Exercise
      July 16, 2020

      “INCA ONE GOLD CORP. (TSXV: IO) (OTC Pink: INCAF) a gold producer operating two fully permitted, mineral processing facilities in Peru, is pleased to announce that it has received approximately $1.8 million from the exercise of approximately 4.5 million common share purchase warrants. The Company intends to use the proceeds of the warrant exercise for purchases of gold-bearing material and for general working capital purposes.”

      “I am extremely pleased to report a successful warrant exercise for the Company,” commented Edward Kelly, President and CEO of Inca One Gold. “The additional proceeds will be used to ramp up production at Chala One and Kori One.”

      https://www.juniorminingnetwork.com/junior-miner-news/press-releases/365-tsx-venture/io/80469-inca-one-announces-proceeds-of-1-8-million-from-warrant-exercise.html?idU=1&utm_source=newsletter_877&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y

    Jul 17, 2020 17:17 PM

    TD AMERITRADE TV NETWORK TALKS TECHNICAL ANALYSIS AND PREDICTIONS
    TD Ameritrade TV Network Talks Technical Analysis and Predictions

    July 17, 2020 – Chris Vermeulen – The Technical Traders

    https://www.thetechnicaltraders.com/td-ameritrade-tv-network-talks-technical-analysis-and-predictions/

    Jul 17, 2020 17:22 PM

    (SVM) Silvercorp Reports Production Results and the Financial Results Release Date for the First Quarter of Fiscal Year 2021

    by @nasdaq on 16 Jul 2020

    “The Company produced approximately 1.8 million ounces of silver, 20.1 million pounds of lead, and 7.5 million pounds of zinc. The Company is on track to produce between 6.2 – 6.5 million ounces of silver, 66.1 – 68.5 million pounds of lead, and 24.5 – 26.7 million pounds of zinc in Fiscal 2021.”

    https://ceo.ca/@nasdaq/silvercorp-reports-production-results-and-the-financial

    Jul 17, 2020 17:27 PM

    (UUUU) (EFR) Energy Fuels eliminates part of debt, confirms production outlook
    Jul. 17, 2020

    Energy Fuels (NYSEMKT:UUUU) +2.5% pre-market after saying it expects to be debt-free by the end of 2020 and reiterating its full-year uranium production guidance.

    The company says it recently redeemed half of its total debentures outstanding, distributing C$10.43M, with the remaining principal amount due on Dec. 31.

    Energy Fuels reaffirms 2020 uranium production guidance of 125K-175K lbs., mainly from pond returns and alternate feed material recycling at the White Mesa Mill in Utah.

    The company expects to end 2020 with 640K-690K lbs. of finished uranium, and if spot pricing for uranium remains at the current $32.90/lb., inventory valued at $21M-$23M alongside its 1.6M-lb. vanadium inventory valued at $8.5M.

    https://seekingalpha.com/news/3592234-energy-fuels-eliminates-part-of-debt-confirms-production-outlook?utm_medium=email&utm_source=seeking_alpha&mail_subject=uuuu-energy-fuels-eliminates-part-of-debt-confirms-production-outlook&utm_campaign=rta-stock-news&utm_content=link-3