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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@Excelsior@TheHolyBuyBull - It would be most bullish if coming out of the summer consolidation if #Gold could take out the 2016 high of $1377.50 and make a "higher high". This may be most likely in the Fall rally from August - late October.
* Here's a #Gold chart that shows the 2015 Dec low of $1045.40 and the 2016 peak at $1377.50.
- Notice also that since the December 2016 lows, that Gold made 3 "higher lows" at $1124.30, $1194.50, and then $1214.30 (recently).
- Also there have been 2 "higher highs" since the end of last year at $1264.90 and $1297.40.
** If we could just take out that $1297.40 (recent peak) decisively on a closing basis; (and preferably above psychological resistance at the $1300 century mark), then that would still be a bullish set up for 2017 and moving into 2018.
@Excelsior@EvenPrime - Thanks for leaving it up tonight. The Teranga $TGZ shareholders have had it rough (me included) due to the $GDXJ debacle, and it feels good on 300% gains for the night :-)
I still feel it is "safe" stock and hope it get's it's act together in the 2nd half of 2017.
Now it will attract more institutional funds at the higher price, and tighter share structure.
@Excelsior$JLP.L$JUBPF Jubilee Platinum Plc – Market Update - 09 May 2017
• First commercial #platinum concentrate #production in March 2017 with production ramp-up continuing
• Platinum concentrate achieving 100g/t 4E PGMs #platinum, #palladium, #rhodium and #gold)- 20% above contractual grade
• Targeting steady state production of 1100 tonnes of platinum concentrate per month
• Full design throughput expected to be reached during June 2017 on completion of the hydraulic-mining process to reclaim the feed material from the surface platinum stocks
>> DILOKONG #CHROME MINE
• Earnings attributable to Jubilee for Q1 2017 from chromite concentrate production up 10.87% to GBP 0.408 million (ZAR 6.66 million) compared with Q4 2016
• #Chromite concentrate production reached 14 973 tonnes and production rates have been restored to previous levels following successful expansion of the new tailings facility…”
@Excelsior#KingWorldNews - #RickRule: Chairman / Founder of #Sprott US Holdings & President of Sprott Asset Management USA; Portfolio Manager –
"Rick is known as one of the most “street-smart” people in the natural resource sector and gold world with nearly 40 years of experience. Sprott Asset Management USA Inc. manages over a billion and through acquisition is now part of the $7 billion Sprott Asset Management LP." #Gold$GDXJ
*(Interesting segment on #Uranium at the 3 min: 20 sec mark - 8 min : 15 sec mark)
@ExcelsiorInside #Bolivia’s long struggle to unlock the world’s largest #Lithium supply
Caitlin Dickson - May 12, 2017
"It’s been nearly a decade since the Bolivian government first set out to capitalize on this precious natural resource. Yet while the booming tech industry has recently sent lithium prices soaring, Bolivia appears to have made little progress toward meeting this growing global demand."
"But like the salt flats that cover Bolivia’s deep ocean of lithium and other minerals, there’s more to the country’s lithium industry than meets the eye. For the impoverished, landlocked nation whose natural resources have historically been pillaged by foreign powers, the struggle to independently profit from its vast lithium supply is symbolic of a larger national effort to fully emerge from beneath the shadow of its imperialist past."
"In an attempt to propel the slow-growing lithium industry forward, earlier this year the Bolivian government proposed a plan to create a brand-new, state-run lithium mining corporation."
"The latest endeavor, billed as a sustainable move toward monetizing the country’s bountiful lithium reserves, is just the latest in a series of similar initiatives the government has pursued over the years..."
@Excelsior#Korelin Economics Report - Weekend Show - Sat 13 May, 2017
#GOLD and #COMMODITIES Pullback From US and International Drivers
"This week we started to see a turn around in the #PreciousMetals and commodities in general. On this week’s show we take a close look at why this pullback in commodities happened from both a domestic and international perspective."
"Over the past month money has been flowing out of #US equity ETFs and into #EU and #EM funds. This has not had a big impact on the US equity markets but by the end of the week we started to see a slow rollover. This helped provide a small pop for the metals from an oversold territory and looks to continue. The question is, how long and how high?"
>> Segment 1 & 2: In the first two segments I am joined by Dan Oliver, Founder of Myrmikan Capital. Dan is a great at recapping markets moves dating back hundreds of years for #metals and #commodities. In the first segment we discuss the current commodities pullback and compare the situation back in the late 1920s. In the second segment we look at the relationship between #inflation and monetary debasement.
> Segment 3: Chris Martenson joins me to dive into #China and discuss the deleveraging that is underway and the markets and economies that could be impacted by a China pullback.
> Segment 4: Fund Manager Dana Lyons take a look at international markets where we have seen large flows of money into #ETFs over the past month.
>> Segment 5 & 6: Jeff Christian, Managing Partner at CPM Group, joins me for the first two segments of the second hour. Both segments focus on #gold and #commodities but in the first segment we look at the factors in the #US driving commodities. In the second segment we look again at #China and #India in terms of gold demand.
> Segment 7: #BrentCook, Founder of Exploration Insights, shares his outlook on the $GDXJ rebalancing as well as a few #zinc companies they are following in his newsletter.
> Segment 8: A recap of the week in #US#equities and the #metals. We are seeing turn and bounce from oversold territory.
@Excelsior$RZZ$ATBYF Annual Letter to Shareholders and Outlook ( $GZZ owns 49% of $RZZ)
May 9, 2017 #Royalty~RoyaltiesandStreams
"Abitibi Royalties’ share price increased by 161% in 2016, as we continue towards our goal of becoming The Best Gold Company. In 2017, the share price has increased an additional 3% (as of May 8, 2017), increasing our share price to CDN$9.05, for a market capitalization of approximately CDN$102 million. Over the previous three years, our share price has generated a compounded annual growth rate of 192%.
"These impressive returns are certain to slow as our market capitalization increases, becoming a larger anchor. To give you an example how difficult it is to generate the same return using an ever-increasing base, I turn your attention to the Dow Jones Index. Last century the Dow Jones increased from approximately 65 to 11,500, which amounts to a gain of 5.3% compounded annually (excluding dividends). If the Dow Jones generated the same return in the current century the index would have to increase to approximately 2,000,000! We are 16.5 years in and currently sit near 21,000."
"On the previous page we showed our share performance versus the Gold Miners Index $GDX (stated in Canadian Dollars for easy comparison) and the price of #gold (stated in both U.S. and Canadian dollars). Overall, it was an excellent year for shareholders, as Abitibi Royalties outperformed the GDX and the gold price in both currencies by a meaningful percentage. As stated above, I suspect our returns will slow but anticipate that the shares of Abitibi Royalties will outperform due to the caliber of our assets.
@ExcelsiorSanta Elena project update – Mexus Gold $MXSG
by @nasdaq on May 15, 2017
“Mexus Gold US (MXSG) gave an update on its Santa Elena project located near Caborca, Mexico. The project continues as expected with the usual growing pains for an expanding miner. Our joint venture and operating partner for the project, MarMar Holdings, has made consistent and steady progress at the mine site. To date, MarMar has constructed two holding ponds, a heap leach pad, performed an initial blast of a quartz vein, started a cyanide drip system on the heap leach pad, and started the Merrill Crowe recovery system. In addition, they also performed a test smelt and produced a small amount of dore using precipitate from the Merrill Crowe plant. These accomplishments are significant and show a determination to bring this project into full #production. ”
“MarMar has big plans for this project moving forward. There is currently 250 pounds of precipitate in secured storage ready to smelt. This material is the output from the initial leaching of pad 1. Smelting will begin when on site engineers are assured they have the proper flux mix to ensure no gold is being lost within the process. It is expected that smelting will begin in earnest the week of May 15th.”
“Leaching of pad 1 continues as does the placing of new mineralized material on pad 2. MarMar has let Mexus know that the large crusher located in Central Mexico has been loaded on trucks and is now being shipped to the project. (see photos) This 30” x 42” crusher includes a 43” x 16” vibrating feeder and discharge conveyor. It is expected that the equipment will arrive to the Santa Elena mine site during the week of May 15th. Mexus will make an announcement when this occurs as this is a pivotal step in getting the mine to a production rate of 10,000 tons per day and beyond. The arrival of a generator that is currently crossing the border will complete the necessary pieces to begin the use of this equipment. In addition, Mr. Marco Martinez, CEO of MarMar, states that he is delivering a Caterpillar 988G loader which will facilitate the increased #production. MarMar is determined to bring the production at the Santa Elena project to 10,000 tons per day.
“In addition to the outstanding news noted above MarMar completed the acquisition of an Atomic Absorption machine. The machine is currently being calibrated by a qualified engineer and once certified will be placed into service. This is an important piece of machinery as it allows the mine manager to know how the heap is performing and when to transition to the next pad. MarMar is also awaiting the delivery of additional filter press cloths. This will enable the use of multiple presses and ultimately increase the flow through the Merrill Crowe plant. ”
@Excelsior* 10 Top #Uranium Mines
Melissa Shaw • May 14, 2017
"McArthur River was the largest producer of uranium in 2016. But what were last year's other top uranium mines? In 2016, world uranium mine #production came to 62,012 tonnes, up from 60,496 tonnes in 2015. #Kazakhstan was the top-producing country by far, putting out 24,575 tonnes, and it was followed by #Canada and #Australia."
Together, those three nations accounted for over two-thirds of uranium production last year, with Kazakhstan taking a 39-percent share of world output and Canada and Australia taking 22- and 10-percent shares, respectively. A wide variety of uranium companies contributed to production.
But where in the world are the top uranium mines? While many of them are located in Kazakhstan, Canada and Australia, that’s not the case for all of the largest uranium mines...."
** Near-Term Advanced #Nuclear Plant Designs
The nuclear industry has developed several advanced reactor designs that can be ready to meet U.S. generating needs.
> AREVA U.S. EPR
The U.S. #EPR is 1,600-megawatt pressurized water reactor. AREVA submitted this design to the U.S. Nuclear Regulatory Commission in December 2007 for review and certification.
> GE Hitachi Nuclear Energy Advanced Boiling Water Reactor
The #ABWR is a 1,350- to 1,600-megawatt boiling water reactor. The NRC has certified the design.
> GE Hitachi Nuclear Energy ESBWR
The #ESBWR is a 1,520-megawatt boiling water reactor. The NRC has certified the design.
> KEPCO/KHNP Advanced Power Reactor 1400
The #APR 1400 is a 1,400-megwatt pressurized water reactor. Korea Electric Power Corporation and Korea Hydro and Nuclear Power Co., Ltd., submitted this design to the NRC for review and certification in December 2014.
> Mitsubishi Heavy Industries Ltd. US-APWR
The #US-APWR is a 1,700-megawatt pressurized water reactor. Mitsubishi submitted this design to the NRC for review and certification in December 2007.
> Westinghouse AP1000
The #AP1000 is a 1,117-1,154 megawatt pressurized water reactor. The NRC has certified the design. (obviously we all know Westinghouse is in trouble but it was worked on and some other company will pick up the torch)
@ExcelsiorThe #Korelin Economics report also issued an "Introduction to $AZS Arizona Silver Exploration" on Tuesday (04/11/2017)
"In my on-going attempt to introduce new companies to all of you here is a look into Arizona Silver Exploration. This Company has been mentioned on the site but this was my first opportunity to bring them on the show. I was introduced to this story a couple months ago when the team was in the process of raising money. The $1.5 million was raised and now the Company has a plan to explore a past producing mine in Arizona.
Greg Hahn, President and CEO as well as Mike Stark, Chairman and Director take time to answer my questions."
Gwen Preston on Top Picks Jay Taylor Media
Apr 11, 2017
"Jay Taylor interviews Gwen Preston. She explains why she favors Bonterra Resources, Arizona Silver Exploration, Atlantic Gold Corp. and Integra Gold Corp."
> $AZS Arizona Silver Exploration - Large Open Pit Silver Target in Arizon
InvestingNews - Feb 14, 2017
"Arizona Silver Exploration (TSXV:AZS) holds the Ramsey Silver Project, which includes the historic Ramsey mine, in the mining-friendly jurisdiction of Arizona."
> Arizona Silver Exploration – Large Open Pit Silver Target in Arizona
InvestingNews - Mar 1, 2017
"Arizona Silver Exploration $AZS holds the Ramsey Silver Project, which includes the historic Ramsey mine, in the mining-friendly jurisdiction of Arizona. Ramsey hosts a polymetallic system of predominantly silver with potential lead-zinc by-products and recently identified anomalous to economic concentrations of gold"
@ExcelsiorAfter watching this company implode for some time in a paper fiesta, and now that $MTO$MEAOF went through their capital raises to infinity and beyond, and rolled back their shares & restructured it seems like an interesting value proposition. I was acquiring shares earlier this year and then again a few weeks back that are all in the money, and it looks like there is some room to run later in the year if the PM prices have a Fall rally.
The drilling $OSK Osisko has been doing at Windfall continues to impress, and Metanor is on trend with that. I could see $MTO Metanor, $BFD Beaufield, $URB Urbana, and $BTR Bonterra all being consolidated under the Osisko umbrella over the next 2 years, or maybe another larger Major/Mid-tier coming in to acquire some of these before Oskisko can. #Drillplays#Gold
** Here's a nice map showing the lay of the land in this Area Play:
@Excelsior@wannabeinvestor - Thanks for that article on the Swiss vote. Very interesting.
Currently the Swiss have these 5 older active #nuclear reactors:
Switzerland Beznau-1 PWR 365 1969
Switzerland Beznau-2 PWR 365 1971
Switzerland Goesgen PWR 1,010 1979
Switzerland Leibstadt BWR 1,220 1984
Switzerland Muehleberg BWR 373 1971
SWITZERLAND: 5 reactors 3,333 MW 20,303.1 GWh 34.4% Nuclear in fuel share for country
None of the other 60 reactors under construction are happening in Switzerland, so it doesn't really affect new reactor build. However, this would affect #Uranium demand, in the future, from retiring their existing fleet; if they take those offline and don't replace them.
That article above projected it this way:
"Nuclear power is currently set up to run its course with plants coming off line as they age. Without constructing new reactors, nuclear power is expected to end in Switzerland by 2034, even though, by itself, nuclear power has strong public support, according to the World Nuclear Association."
"The referendum, should it pass, would begin the phase out of nuclear power in 2019."
@Excelsior#Korelin Economics Report - Weekend Show Sat. May 20, 2017
"On this week’s show we focus on the general makeup of the markets and the blend of politics and economics that investors need to consider these days. We again focus on the metals for the second hour and even get a couple ideas on where money is flowing and how to generate a return this summer."
>> Segment 1 & 2: A new guest kicks off this week’s show. Marc Chandler is the Founder of MarctoMarket.com and the Head of #Currency strategy at Brown Brothers Harriman. Over the first two segments we discuss how Marc blends #politics, #economics, and a view on society to mold his outlook for the markets.
> Segment 3: Chris Vermeunlen, The #Gold and #Oil Guy, shares his thoughts on a euphoric stage in the markets and if we have experienced it yet.
> Segment 4: An update on $MIN$EXMGF Excelsior Mining from the CEO and President Stephen Twyerould. We discuss the permitting for the Company’s Gunnison #Copper Project as well as review the economics behind this development story.
>> Segment 5 & 6: A newer guest to the show Christopher Aaron, Founder of iGold Advisor kicks off the second hour. In the first segment we discuss his big picture analysis in terms of #equities, and #currencies. In the second segment we look at the ratio between #senior and #junior companies
> Segment 7: The Junior Miner Junkie David Erfle shares his strategy of investing in #explorers, not majors, and following where the #majors are investing.
> Segment 8: To wrap up the show we have Joe Mazumdar from #ExplorationInsights. Joe outlines his and Brent’s play over the summer of finding the cash flowing #mining companies.
@ExcelsiorTwo ways to beat the odds with mining investing
The #Gold Report | about 20 hours ago
(Life Cycle of a #Junior Mining company w/ Louis James)
Even though Louis is late to realize the value in #Development stage companies as they make their run moving into #Production, I’m glad he has been pushing this theme often lately in his interviews.
This part of the mining cycle has been clear for a long time to many of us that position ourselves in the #Developers, and it is refreshing to hear the research he is doing validating what we've already experienced time and time again. Most discussion on the miners is consumed with either the largest #producers or the firecracker #Explorers, but the #Developers offer a unique opportunity for investors. #mbgtrends
@FundamentalAnalysis@wannabeinvestor$KDX in my opinion is an optionality producer for now, like most other producers including $TGZ and also now $SMF with its mana mine. (Joe Mazumdar's understanding I found out recently is in line with mine, he looked through a few junior/mid tier gold producers and the average FCF return he mentioned was zero many at sub zero and many just above zero lol). The reality is most of the mid tier gold miners and even silver in many cases just cannot make money in the current environment. AISC by the way is a crap metric if you look closely, doesn't include interest/taxes and in some cases royalties or streams etc... I've mentioned that if the precious metal prices don't move materially to a new higher base level $1300+ $20+ silver within next 5years, we are going to witness some serious problems unless costs of production i.e oil prices, mine equipment etc come down. Either that or capital will keep providing equity financing to keep the companies afloat diluting existing shareholders. Hate to be bearer of potential bad news....but I just don't believe things are 100% rosy as everyone wants them to be. This isn't a time to be reckless and putting capital in anything which has drifted down UNLESS you know the company well enough to see how value can be created (a producer should only be defined by how much money will the business make in future years..thats it). Even a 500k oz producer generating 0 Free cash flow YOY until gold goes past $1300 is effectively quite worthless.......I've chosen $tgz as my optionality producer hence not investing in other optionality producers unless the prices become ridiculous in the near term. This is still a swing traders market @excelsior style. $KDX will get the nevada premium, but longer term these gold prices won't help much.....you can get quarter of positive free cash flow like $tgz did in march 2016....but I don't think its sustainable. These are still difficult times..........I'm waiting and will become more comfortable over at a $1300+ sustainable new levels of gold none of this $1000-1300 area which is dangerous.
@Excelsior$EXN$EXLLF Excellon Resources #CorporatePresentation May 2017
A very impressive 118% IRR (see page 19). It seemed prudent to trim back the allocation a little on today’s surge, but I’ll buy that portion right back if we get some more weakness this summer.
Their dewatering project is almost complete now, and they’ll be accessing the higher grade parts of the deposit. The market is just waking up to the fact that they’ll be transitioning away from the old lower grade stockpiles they have been processing the last 2 years, and finally getting to the juicier parts of their deposit.
They rode out the bear market well and saved their high-grade assets for the next 3-5 years (into a rising #PreciousMetals market). Very well executed, and they are continuing to explore to extend their mine life. This has been the market’s trepidation and their "wart," but they are on trend with many large deposits in #Mexico. Excellon is one of the highest grade #Silver#producers in Mexico, and with the deposit still open in many directions, there is more to be found. I anticipate their 2017 #drilling program as much as I anticipate their #production profile improving.
@ExcelsiorSubconscious - #TechnicalAnalysis#Chart$SPX$USD$WTIC$XLE$OIH#Silver#Gold$GDX$GDXJ$PALL$PLAT
May 24, 2017/0 Comments/by Alex - Chart Freak
"I have decided to release a large part of my last weekend report to the public, so that you can see what we at Chartfreak have been looking at."
"Have you ever heard someone say, “In the back of my mind, I was thinking about…” ? Well, in this weekend report I’m going to discuss my analysis ( technical / Cycles / etc) and the conclusions that are drawn from that, but I also wanted to mention a few things that have subconsciously been ‘ in the back of my mind ‘ in a few areas."
@ExcelsiorThe Greatest Benefactor of US-Russian Relations – Anfield Resources $ARY$ANLDF
Palisade Research May 25, 2017
Like many other commodities, the price of Uranium is cyclical….
“Anfield is a near-term production company with assets all in the United States. Its low-risk profile and high return potential have not attracted as much investor attention as this company deserves. Anfield has managed to bypass the long lead times associated with advancing to #production through both the acquisition of an existing mill in Utah and an RPA signed with Uranium One to use its existing #processing plant. This is a significant differentiator when comparing Anfield to other non-producers or those who aim to reach production in the coming years.”
@ExcelsiorHunt for #Zinc and #Uranium with #GwenPreston
GoldNewsletter - Published on May 16, 2017
"After the better part of a decade in mining journalism, Gwen Preston has gone out on her own to find the best natural-resource opportunities around the globe. Based in Canada and writing as the Resource Maven, her next trip is to Mongolia, and she delivers plenty of candy for investors to chew on."