TerraX Advancing Yellowknife, a ‘World-Class Exploration Project’

TerraX has been moving full speed ahead exploring its large land package at the Yellowknife City Gold project, an area with historic high-grade mines, that experts predict could become a district-scale project. In the last few weeks TerraX Minerals Inc. (TXR:TSX.V) commenced a 17,000-meter winter drill program at Yellowknife City Gold project, nearly tripled the size of its land position, received a land-use permit for Southbelt and released assay results for the final 23 holes from its 2016 drill program. Addressing the effective tripling of TerraX’s land package by staking an additional 253 sq km in three areas contiguous to its properties, TerraX CEO Joseph Campbell stated, “Since the beginning of the Yellowknife City Gold project we have pursued a goal of assembling and controlling a major Canadian gold district. The acquisition of this highly prospective new ground completes that goal and provides TerraX shareholders with additional opportunities for high … Continue reading

Four Extraction Companies That Top BT Global Growth’s List

BT Global Growth’s game plan is to go long and short on a wide range of investments, but in this interview with The Gold Report, Paul Beattie, cofounder and managing director of the hedge fund, focuses on four undervalued extraction companies on which the fund is definitely long. The Gold Report: Welcome, Paul. Would you tell us a little about Montreal-based BT Global Growth and your investing philosophy? Paul Beattie: BT Global Growth is a hedge fund that I cofounded 10 years ago. We’re focused on the Canadian capital markets, especially international companies listed on Canadian exchanges. The business is abroad, but the company may be listed here. We find this to be the most inefficient part of the Canadian market. We are long and short on all sorts of things and we don’t use leverage. We look for companies that are trading three and four times cash flow and … Continue reading

Four Extraction Companies That Top BT Global Growth’s List

BT Global Growth’s game plan is to go long and short on a wide range of investments, but in this interview with The Gold Report, Paul Beattie, cofounder and managing director of the hedge fund, focuses on four undervalued extraction companies on which the fund is definitely long. The Gold Report: Welcome, Paul. Would you tell us a little about Montreal-based BT Global Growth and your investing philosophy? Paul Beattie: BT Global Growth is a hedge fund that I cofounded 10 years ago. We’re focused on the Canadian capital markets, especially international companies listed on Canadian exchanges. The business is abroad, but the company may be listed here. We find this to be the most inefficient part of the Canadian market. We are long and short on all sorts of things and we don’t use leverage. We look for companies that are trading three and four times cash flow and … Continue reading

Ellis Martin Report with Common Stock Warrants’ Dudley Baker

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February 13, 2017 Published on Feb 13, 2017 Ellis Martin visits with analyst and newsletter writer/analyst Dudley Baker of http://www.commonstockwarrants.com to discuss buying low in a downturn and reaping the potential benefits as a bull market in metals seemingly returns. Listen to hear about successes and multiple ROI’s to possibly be gained in the coming market. … Continue reading

Remembering the Genius of Hunter S. Thompson

Precious metals expert Michael Ballanger ponders the timelessness of Hunter S. Thompson’s “blistering attacks on the status quo” and their applicability to today’s political landscape. He also reminds us of the “incredibly bullish” fundamentals for silver and lays out the evidence for why this precious metal is on its way to $25/ounce by mid-year. Being a teenager in the 1960s, my early formative years were all about the Beatles, JFK’s assassination, sex, drugs, rock and roll, and hockey, but when it came to entertaining myself, thanks to my mother, who was a voracious reader, I learned to love to read books. I remember the day that Mum handed me Ian Fleming”s “To Russia with Love” and since I was barely into my teens, I think it was the first time I was ever introduced to soft “porn” (which was predominant in all of the Bond books), which may have been … Continue reading

Jack Chan’s Weekly Update on Gold and Silver

Jack Chan charts both long- and short-term buy signals for gold and silver. Our proprietary cycle indicator is up. Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. Gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. FCX – we are long from 10.64, holding for long-term gains. Silver is on a long-term buy signal. SLV is on a short-term buy signal, and short-term signals can last for days to weeks, more suitable for traders. Summary Gold sector is on major buy signal. Cycle is up. Holding FCX for long-term gains. Jack Chan is the editor of simply profits at www.simplyprofits.org, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the … Continue reading

Jack Chan Finds Data Supportive of Higher Oil Prices

Technical Analyst Jack Chan reads the charts and sees a major buy signal for energy. $OSX is on a major buy signal, which can last for months and years. COT data is supportive for overall higher oil prices. OIH is one of a few energy sector ETFs we are holding for long term gains. Prices dipped into our buy zone in November, and again this week. Our trading model identifies the buy zones in a bull market, simple and effective. Energy sector gave a major buy signal in 2016, and the current correction has dropped prices into our buy zone. Summary Energy sector is on a major buy signal. Prices are now in our buy zone. We are holding energy sector ETFs for long term gains. Want to read more Energy Report articles like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. … Continue reading

Iron ore price hits 2.5-year high

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February 10, 2017 Frik Els One of Vale’s giant iron carrier docks at Brazilian company’s transhipment facility in Malaysia The Northern China import price of 62% Fe content ore jumped 4.6% on Friday, reaching $87 per dry metric tonne level after data showed imports by China, top consumer of the steelmaking raw material, continued to strengthen in 2017 after hitting an all-time high last year. It was the highest level since August 2014 and the iron ore price has more than doubled in value over the past year following near-decade lows of $37 a tonne in December last year according to data supplied by The Steel Index. Trade figures released overnight showed China imported 92 million tonnes of iron ore in January, up 12% or just less than 10 million tonnes compared to a year ago. Shipments for January were the second highest on record valued around $7 billion. The all-time record … Continue reading

Copper price surges on BHP force majeure

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February 10, 2017 Frik Els Escondida is forecast to produce nearly 1.1 million tonnes or 5% of the global total in 2016. (Image courtesy of BHP Billiton) In New York  on Friday copper for delivery in March jumped by more than 4% to $2.7710 per pound or $6,100 a tonne after BHP Billiton declared force majeure at its Escondida mine in Chile. Copper is now trading at its highest level since late May 2015 with year-to-date gains of just under 10%. BHP confirmed on Friday it could no longer meet contractual obligations on metals shipments from the mine, the world’s largest copper operation by a wide margin.  Striking workers also blocked roads at the Coloso port, where hundreds of thousands of tonnes of copper are shipped annuallySome 2,500 workers at Escondida walked off the job on Thursday and all indications are that the union is preparing for an extended fight over wages and … Continue reading

How to Double Your Money 94% of the Time…

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How to Double Your Money 94% of the Time… By Justin Spittler Editor’s note: Today, we’re taking a break from our usual commentary to share a must-read piece with you. In the essay below, International Speculator editor Louis James pulls the curtain back on a money-making phenomenon. As you’ll see, this strategy has generated average gains of 133%. More impressively, it works almost 100% of the time. This is the first time we’ve shared this powerful secret with our readers. We hope you find this essay as eye-opening as we did. What would you say if I told you of an investment strategy that more than doubled your money within two years, 94% of the time? First, a confession. I’m about to tell you something that’s rather obvious. The phenomenon is well known. Despite that, I never did the math before. To my knowledge, no one has ever bothered, but … Continue reading