Gold stocks, oil stocks, and cannabis stocks – Select opportunities is each

August 12, 2020

Sean Brodrick and I chatted yesterday afternoon and focused on the opportunities in each of the gold, oil, and cannabis sectors when it comes to individual stocks.

Click here for a little more background on Sean’s newsletters.

    Aug 12, 2020 12:09 AM

    Isn’t it amazing how the cures of covid-19 namely Ivermectin or HCQ, are totally suppressed by the media ?

    Are people so stupid as to be kept in panic by media?

      Aug 12, 2020 12:18 AM

      The media and Fauci also never mention that injecting 20 or 30 grams of vitamin C has saved thousands of lives of Wu flu patients in China, Singapore, and other countries. Fauci and Gates have no interest in cheap cures, only expensive patented ones they can profit from. They have killed more people than Dr. Mengele. They should be tried for murder.

    Aug 12, 2020 12:12 AM

    I just bought more NSRPF this morning after buying Lion One and Gold Terra yesterday.
    Make hay while the sun shines . Doc, please stop me before I buy any more Novo.
    Anybody else out there like Gold Terra TRXXF?

      Aug 12, 2020 12:28 AM

      So far today I decided to buy a little (SILV) Silvercrest, and this is now my 4th time getting back into this stock. Feels good.

      Right now I’m overly stocked up on speculative companies, so I’m adding in a bit more established quality. I also nibbled at WM Wallbridge today for the first time since I exited as a Balmoral shareholder during the takeover.

        Aug 12, 2020 12:37 AM

        Ex, call it perception, I’m wondering if SILV IS IN A QUIET PERIOD- negotiating being bought out

          Aug 12, 2020 12:38 AM

          Silvercrest- Something just ain’t right

            Aug 12, 2020 12:47 AM

            I’ve narrowed my position in SILV FROM 19% of my portfolio to 6 % – @$11 & $10

            Aug 12, 2020 12:56 AM

            Hey Marty – Yes, I’ve noticed SILV has pulled back recently from the $11s and $10s down to the high $8s(despite the much higher Silver metal prices), which is why I just got positioned. Also, I’ve been wondering the same thing about a “quiet period” and if they are negotiating a buyout. I figured regardless of what happens in PMs moving forward that Silvercrest is best in class, and at one point they’ll either take it into production or someone will buy them out. Also, there is SO MUCH room for more exploration on their land package with all the other veins they haven’t even had a chance to drill yet, that I see other potential world class discoveries as a legitimate potential.

          Aug 12, 2020 12:10 PM

          Ex, chatted IR @ SILVERCREST, and of course office staff is managing from home it seems. So, I called back and chatted nonchalantly with the office girl manning the fort and loosely said I understand silv is in for sale negotiations. I got an affirmative NO

            Aug 12, 2020 12:48 PM

            Thanks Marty. Good sleuth work, but I don’t think she would be able to say if they were anyway, due to non-disclosure agreements. Regardless, that is good news, as I’d like to see Silvercrest run much higher in the double digits through exploration success, resource expansion, and having their ounce re-rate higher with rising metals prices. At one point they may get bought out, but hopefully that is still a ways off.

        Aug 12, 2020 12:59 AM

        (WM) (WLBMF) Wallbridge Intersects 24.61 g/t Gold over 15.00 Metres in the Lower Cayenne Zone, Opening Up New High-Grade Growth Potential

        by @nasdaq on 11 Aug 2020

    Aug 12, 2020 12:26 AM


    Invest Yukon: Exploration 2020 Series (Part 2)
    Thu, Aug 13, 2020 at 12:00 PM Central Time (US & Canada)




    Aug 12, 2020 12:15 AM

    The news just broke as to why NEE was halted the last 2 days. Thank goodness it wasn’t a takeover offer and it was just high grade gold intercepts on their drilling. As a producer they can monetize paydirt like this in a substantial way.


    (NEE) (NHVCF) Northern Vertex Intercepts High Grade Mineralization of 21.8 GPT Gold & 211.48 GPT Silver Over 6.1 Meters, Including 69.3 GPT (2.02 OZ) Gold & 716 GPT Silver Over 1.5 Meters at Moss Mine, Arizona

    by @newswire on 12 Aug 2020

      Aug 12, 2020 12:42 AM

      Speaking of Northern Vertex which I own, I picked up some entry shares into Fremont Gold today. Which speaking of Fire in Red Lake, I was attempting to get some BTU today also, but they wouldn’t let me do it without calling Schwab. That sounded like a fee. So, does anyone have any feelings about Golden Goliath. I have Great Bear, Pure Gold, West Red Lake and Goldon and was looking around in case there was a “fire sale”.

        Aug 12, 2020 12:35 AM

        “fire sale” — Good one David. As for Red Lake I hold Pure Gold, Goldon, and BTU, but obviously Great Bear is a beast, and if I was going to add any more in that area I’d go with West Red Lake or Golden Goliath. There are a number of other companies but those are the ones getting the most traction this year.

        That’s a shame you couldn’t add BTU, as their land position is directly adjacent to Great Bears, and that alone is highly perspective in the right neighborhood.

        Also GoldON is adjacent to Great Bear and Pure Gold, so I’m very keen on how their exploration program will go this year.

          Aug 12, 2020 12:22 AM

          I will continue to monitor BTU as when reading the Golden Goliath presentation, they kept comparing themselves to Great Bear and BTU. That kind of flagged me to wanting BTU as I have GTBAF. Anyway…I picked up some Golden Goliath as I like Red Lake’s history and present. Will see what the deal is on BTU and Schwab. When I had USAA, if they had a Grey market or some other remote stock, they just added $70 to the cost (along with the sub dollar fee). BTU…BTU…BTU…maybe someday soon.

            Aug 12, 2020 12:14 PM

            (BTU) (BTUMF) BTU Metals Corp Finds High Gold In Till Samples Associated With Artificial Intelligence Targets

            Aug 10, 2020

            Paul Wood, BTU CEO, said, “The most recent gold in till data confirms there are sampled areas on the property that show high concentrations of gold and in a number of cases high gold grain concentrations are located proximal or directly associated with some of our recently identified AI targets. From prior work by us and others we know that there is a lot of evidence of gold in the neighborhood and we can see from the high counts of pristine gold grains in some of our samples that some of the gold has not travelled far from its bedrock source. We are continuing with our surface and mechanical till sampling program and we expect to have the drill back in action shortly to start testing some of the areas that we see as priority targets.”


          Aug 12, 2020 12:36 AM

          Bingo: I pulled of BTU under Schwab Research and they are showing BTUMF as a Toronto Exchange symbol rather than OTC Pink. I have requested they review the issue. BTU…BTU…BTU…getting closer.

            Aug 12, 2020 12:12 PM

            Well it would seem Schwab is having challenges lately, but at least you are on the case.

            I’m not sure if BTU will be Great Bear 2.0, but they are snug up under GBR with the land position they’ve consolidated.

            This map shows how their 2 land packages line up.


            Aug 12, 2020 12:20 PM

            I lime the way Chris Taylor, CEO of GBR, does business. He seems to be stock holder aware and keeps people informed. The fact that Great Bear is involved with BTU lends credibility to BTU in my opinion (and it is an opinion).

            Aug 12, 2020 12:42 PM

            Yes, Chris Taylor is a solid leader of a mining company and Great Bear is incredibly well run overall. I missed the boat on GBR and had considered it during the sector selloff back in March but chased other stories instead. Regardless I celebrate the success of Great Bear and the sector sure needs a few more solid stories like that to attract new investors to the potential.

            Heck I just positioned in 2 other well run companies with excellent properties as well today — Silvercrest (SILV) and Wallbridge (WM). Wondering which companies will be next with a world class discovery?

            Aug 12, 2020 12:54 PM

            Hopefully the next great companies will be ones we own. !!!

            Aug 12, 2020 12:42 PM

            Yes, that is a splendid notion.

    Aug 12, 2020 12:18 AM

    There is a forest fire in Red Lake and Pure Gold has evacuated the area, the fire at present is moving away from their mining site, hopefully they get it under control and the wind doesn’t change. DT

      Aug 12, 2020 12:42 AM

      Yes, that was announced a few days ago but the Pure Gold team and mine is fine as the fire is moving away from it. Great Bear, Goldon, and BTU mentioned it the last few days as well. Wishing the fire fighters all the best!

    Aug 12, 2020 12:26 AM

    I got a laff from Mr Bs comment about Putin giving the vaccine to the daughter he doesnt like and the potential use of prison inmates for experiment.

    Reminded me of the Tuskegee Experiment.

    Aug 12, 2020 12:43 AM

    (GOT) (GOTRF) Goliath Completes Acquisition of Key Mineral Claim Blocks in the Chibougamau-Chapais Region of Quebec’s Prolific Abitibi Greenstone Belt

    by @nasdaq on 10 Aug 2020

      Aug 12, 2020 12:45 AM

      (GOT) (GOTRF) Goliath Mobilizes Program on Extensive New High-Grade Polymetallic Gold-Silver Discovery in the Golden Triangle, B.C.

      by @nasdaq on 12 Aug 2020

      Assay’s to date include:
      8.4m channel cut @ 5.37 g/t Au and 144.80 g/t Ag; including 3.4m of 12.74 g/t Au and 299.68 g/t Ag
      1m chip @ 49.50 g/t Au and 862.00 g/t Ag
      1m chip @ 38.20 g/t Au and 167.00 g/t Ag
      1m chip @ 5.34 g/t Au and 1150.00 g/t Ag
      2m chip @ 4.40 g/t Au and 49.20 g/t Ag

        Aug 12, 2020 12:50 AM

        GOT is starting to wake up a little bit – up 23% on this news today.

          Aug 12, 2020 12:56 AM

          23% puts me late into the world. Not bad. Going to look at them more closely.

            Aug 12, 2020 12:23 AM

            They are just getting started really, and have raised the funds and they’ve done some channel cuts and chip sampling but haven’t drilled the property yet. Also they only have a $5 Million market cap, so any success in exploration could move it up dramatically. It’s one of the lottery ticket drill-plays I picked for this season, and it looks like they are just getting geared up to do some work. We’ll see how it goes…

            Aug 12, 2020 12:31 AM

            Also both properties the one in the Abitibi Chibougamau-Chapais Region of Quebec, and the one in the Golden Triangle are 2 of the more prolific areas for Gold/Silver discoveries, so I like their odds of hitting paydirt.

            Aug 12, 2020 12:43 AM

            GOT has sold off some, now only up 15% on the day. The discounts are rolling in…

            Aug 12, 2020 12:06 PM

            Got it for +8%

            Aug 12, 2020 12:21 PM

            Be careful with GOT. DT

            Aug 12, 2020 12:24 PM

            Nice snag David. I’m interested to see how the exploration works goes at both properties if they hit numbers like in those rock chips and channel cut sample, then they may be on to something in the golden triangle. As for the Abitibi property, that area is just as well endowed. They raised over $2 Million on August 6th, so they just filled up the capital tank and they are ready to drive…

            Aug 12, 2020 12:30 PM

            DT – What are the concerns with GOT? (other than the typical exploration risks all explorers face)

            > Right now I see them as cashed up with $2.16 M, and plenty of interest as they just had to upsize the offer, and 2 solid properties in good jurisdictions to explore.

            I’m open to looking a companies blemishes though, as all companies have them. There are no perfect companies.

            Aug 12, 2020 12:16 PM

            Ex, read this article by Bob M about a year ago, have a look at what happened when the news really came out, it’s your call. DT

            Aug 12, 2020 12:06 PM

            Yes, I remember that and that, like so many explorers earlier on in their journey that the shares popped on the drill news, but pulled back when it became clear it was a twin hole of a historic hole that was more known. Most companies would have done the same thing to confirm what was there, just like Vizsla and Brixton have done recently, or what Skeena or Wallbridge did initially when they were trying to understand and confirm their deposit that had prior historic work done on it that was non-NI 43-101 compliant. Investors thought it was initially a new discovery and left in a huff and a puff pulling the share price down, but again we see that kind of response all the time from fickle impatient resource investors. Look at how GT Gold had 2 different pop-n-drops (where investors flooded in and then scurried out) before starting to gain more traction and tie things together on their 3rd year of drilling.

            The targets Goliath Resources are working on this year are based on surface exploration work and to my understanding haven’t been drilled, so there is a great opportunity to surprise the markets with a new discovery.

            I love coming into an exploration story where the maiden program excited because of a good hole, but then short-sighted investors fled before things are even remotely close to being understood. This is a follow up exploration campaign where theur team understands more than they did last time, and while exploration is never easy and there is always the risk of any company disappointing, I like their odds of hitting big.

            Aug 12, 2020 12:15 PM

            DT – By the way thanks for posting the prior link and for looking out for us and having our backs. It is appreciated, and looking at potential weaknesses and threats are just as important as looking at strengths and opportunities.

            I’m looking forward to seeing what comes of this year’s exploration program, but am prepared they could hit dusters, or just good (but not great) results that don’t impress the market, or they could hit significant intercepts of high grade that really impress the markets– just like every greenfields explorer out there. Fingers crossed 🤞

            Aug 12, 2020 12:23 PM

            Lastly, their new Nellie’s Project in the Abitibi greenstone belt in Quebec is going to start initial surface exploration to collect data for generating drill targets for Q4 2020, so I like that they have a secondary exploration project moving forward in parallel.

            We’ll see how it goes…

            Aug 12, 2020 12:24 PM

            Nellie’s = Nelligan (darn autocorrect)

            Aug 12, 2020 12:49 PM

            Note before the drill results came out as per the article there was a lot of selling for about two weeks, coincidence maybe, but I think not. DT

            Aug 12, 2020 12:58 PM

            That selling prior to the drill results was the warrant holders from prior private placements that raised the capital for the drill programs selling before the news, which is quite common in exploration drill plays. I don’t think that has anything to do whether here and now they are going to have a successful exploration season with the $2.16 Million they just raised and a much better understanding of the geology than they did last year.

            The past does not equal the future, especially in exploration projects. Often is the 2nd, 3rd, or 4th season when a company finally hits it out of the park. Look at Lion One, they’ve been working on that project for almost a decade and just now unlocked the secrets of the feeder zone. For a $5 Million market cap explorer it won’t take much to move the needle in share price appreciation if Goliath Resources hits on some of the new targets they’ve identified for this year’s program. It’s a lottery ticket and right now 40% of their value is sitting in the cash raised, so it is the kind of risk/reward ratio that can pay out big IF they hit something that interests the market.

            Aug 12, 2020 12:16 PM

            I was watching GT gold when they started getting good drill results and thought they were on to something at the time but didn’t pull the trigger. I understand the excitement of being involved with a company from the beginning, there are so many great plays with real prospects these days that I am not really willing to take on the risk. Lots of luck in your endeavors, I know you are and will continue to be successful. DT

            Aug 12, 2020 12:30 PM

            One other reflection is that the drilling mentioned in the article from Bob M. was at “Lucky Strike,” but the property they are going to be doing channel cut samples and more work to establish drill targets on for 2020 with this capital raise is their “Gold Digger” property. Gold Digger is right by Auryn’s Homestake project and Dolly Varden’s prior producing mine in the Golden Triangle.

            It looks like the main thrust of the work is aggressive surface work to establish the drill targets for next years program, and they are still going to be doing some work at Lucky Strike, and their new Nelligan project in the Abitibi.


            “The new discovery in 2019 of the Sure Bet Zone is 1550 metres by 1130 metres within a larger mineralized zone covering 4 sq km in area. It is next door to Auryn’s Homestake Ridge high-grade Au & Ag deposit of ~1.2M oz AuEq @ 7.41 g/t AuEq and only 7km west of the Dolly Varden Mine access road that leads to Alice Arm, BC. The exploration plan for 2020 will consist of extensive channel cutting, sampling and mapping in preparation for an inaugural drill program in 2021.”


            Aug 12, 2020 12:43 PM

            DT – Yes, I agree that there are so many companies to follow, especially with the grassroots explorers that I also prefer to mostly back the projects with real ounces in the ground and deposits that are already at least partially discovered and being further validated.

            Really, I’m most heavily weighted in the Gold and Silver Producers and advanced Developers, as I want resources in the ground that will re-rate higher with rising metals prices.

            However, I peppered in about a dozen smaller positions in exploration drill- plays just for the explosive potential of when they actually make a worthwhile discovery. I don’t expect all of them hit it out of the park, but it only takes 1 or 2 solid drill hits to move one of those up into a 5-10 bagger in short order.

            Also, during corrective moves in the metals, the pure exploration plays are less susceptible to massive selloffs, especially if they are cashed up and have an active exploration program underway. These drill plays aren’t producing and don’t have a resource in the ground per say, so their value grows through exploration work, and they’ll rise or fall off of that, agnostic of what the metals prices are doing. Sure in a bull market they’ll pop more and stay elevated longer than in a bear, but a discovery is a discovery.

            I have no idea what GOT will find at Gold Digger, or any of their other projects, but I believe they are utilizing more of a prospect generator model, where they want to do enough exploration to attract a larger mining company partner to take on more of the exploration budget. So the other catalyst with P.G.s is if they find something shiny that attracts one of the big boys and they cut a JV deal. It will likely take drilling in 2021 first to attract that big partner, but I’m still looking forward to seeing what they find in their Golden Triangle and Abitibi scavenger hunts. 🙂


            Aug 12, 2020 12:48 PM

            Ironically, I’ve spent the most time today discussing and researching the drill plays, but they are my smallest positions, due to the higher risk nature of exploration. However, the comments in this thread, apply to most of the drill plays, and are not just exclusive to Golden Goliath or BTU Metals or GoldON, etc…

            Now I’ll check in on where the rubber meets the road…. the Producers & Developers.

            Ever Upward!

      Aug 13, 2020 13:23 AM

      (GLD) (NCMBF) GoldON Receives Geological and Structural Study on 100% Owned Slate Falls Gold-Silver Property

      by @accesswire on 13 Aug 2020

      “Integrating the structural complexities with the known occurrences is key to understanding the mineralizing controls at Slate Falls and vital to our discovery success,” said Mike Romanik President of GoldON. “This new interpretation will enhance our exploration strategies and aid greatly in vectoring our efforts to those areas of highest merit.”

    Aug 12, 2020 12:26 AM

    1794 Silver Dollar worth $10 Million for sale by New Jersey dealer: ‘This coin is the Holy Grail’

    David P. Willis – Asbury Park Press – Aug 11, 2020

    Bruce Morelan, a Las Vegas collector, purchased the coin, nicknamed the “Flowing Hair Silver Dollar,” in 2013 for $10 million, the most ever paid for a rare coin. It features Lady Liberty ringed with stars on one side and an eagle on the other.

    “Of the 1,758 silver dollars the Mint delivered in October 1794, perhaps less than 130 are known to still survive, and this particular coin is the finest known,” said Brett Charville, president of Professional Coin Grading Service, a rare-coin authentication company, in a statement.

    “It is believed to the very first one struck,” Sperber said. It is “extremely significant.”

      Aug 12, 2020 12:28 AM

      OOTB and IrishT – I want to see you guy on the bid for this coin in that auction.

      Good luck!!

        Aug 12, 2020 12:29 AM

        guy = guys

        Make it happen Silver stackers.

        Aug 12, 2020 12:16 AM

        Ex….Yes, I have my bid number all lined up…..Bruce called me and wanted to know if, I wanted to buy it back, for $10Mill., I told him I would have to pass. Then I found out that he intended on auctioning the coin off, ….So, I am prepared to go up to about $6.5 Mill.
        I think Irish, is holding the other 130 known pieces, so, he will not be bidding….
        Thanks for the heads up…….

          Aug 12, 2020 12:27 PM

          Good strategy OOTB, and I hope you win the auction. I figured IrishT had already collected the other 130 coins, but you could have the first one ever minted and get bragging rights. Haha!

          Aug 12, 2020 12:28 PM

          Hummmm…interested in a 2004 Pontiac GTO with hail damage.. ??

            Aug 12, 2020 12:53 PM

            If, it was a 64,65,66…….yes, otherwise….. You have a Keeper…. 🙂

            Aug 12, 2020 12:11 PM

            Where have I heard that before.

            Aug 12, 2020 12:07 PM

            🙂 GM……really messed up …. Olds could have been a great car….Aurora 1998 was a great model….

            Aug 12, 2020 12:14 PM

            1969 Hurst Olds

            Aug 12, 2020 12:26 PM

            Now , that was a nice Olds…..442…..

    Aug 12, 2020 12:14 PM

    (JAG) (JAGGF)Jaguar Mining announces quarterly dividend
    Aug. 12, 2020 |By: Jignesh Mehta, SA News Editor

    > Jaguar Mining has declared a quarterly dividend of C$0.08/share.

    > In addition, Jaguar intends to consolidate its common shares on a 1 for 10 basis.

    > The dividend is payable on a post-consolidation basis.

    > The company will confirm the record date and payable date of the dividend following the completion of the consolidation.

    Aug 13, 2020 13:21 AM

    Quick question: In this current crazy world that so often turns on a dime at the mere hearing of a rumour, does one think PMs could head south more severely if and when it becomes apparent that Covid-19 has been defeated… Whenever that may be???

      Aug 13, 2020 13:32 AM

      Hi Ozibatla,

      1) I don’t think the powers that be have much interest in “defeating” Covid-19 as the lockdowns, uncertainty, rioting/looting/mayhem, defunding the police, and the dissolving of civil liberties allows Governors and Mayors political grandstanding power they don’t want to give up. The virus will mutate so there won’t be a long-term cure, and they’ll act this same way on all future viruses, as the new normal.

      2) Gold didn’t go up because of the Virus (in fact when the virus hit everything sold off hard including the precious metals). Gold has been going up pre-Covid in every currency on the planet due to terrible fiscal policy, mountains of national debt in every country, and in the US the Fed had the repo loan issues, into printing trillions of dollars, and the government seems hell bent to spend trillions more on future stiumulus measures. Lastly the biggest driver of gold has been and will be the near-zero to negative interest rate policies all over the planet, and negative real rates. That is why Gold has done so well, and the Russians coming up with a supposed vaccine or any other future vaccines won’t do anything to change the massive structural issues with debt, interest rates, and the central bankers trying to inflate their way out of a deflation…. which will eventually lead to much more inflation…. All that bodes well for the PMs, and bad for the overall economy.

        Aug 13, 2020 13:59 AM

        Good answer…….

      Aug 13, 2020 13:40 AM