Buckle Up: Inflation at 58-Month High

The stage has been set for high levels of uncertainly, and with uncertainty comes opportunities in commodities, posits Lior Gantz, editor of Wealth Research Group, who also sees opportunities in disruptive technologies in the medical arena. Your Investment Portfolio Must Be Supercharged by March—mine is. This has been the most important week of 2017. The trends that are now in motion will set the tone for the entire year, and there are critical statistics to align with. Back in 2012, when Obama was in office, inflation rates were at 2.5%, precious metals stocks were extremely overvalued, gold was priced at $1,800 per ounce, and Europe and China were slowing down. Today, after a five-year downtrend, gold has begun moving higher since 2016. Four consecutive down years in a sector has only occurred 1% of the time since the 1920s, and five down years has almost never occurred. Uranium and coal … Continue reading

Seabridge Gold Ups the Ante with Nevada Acquisition Deal and Updated Resource at Deep Kerr

Seabridge Gold’s recent announcement of an increased resource estimate at its KSM project caught the attention of one analyst, and follows another announcement that the company intends to purchase a project that potentially intersects three of Nevada’s well-known gold trends. In a Feb. 16 announcement, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) reported “an updated independent mineral resource estimate for the Deep Kerr Deposit at its 100%-owned KSM Project in northwestern British Columbia, Canada. The new inferred resource now totals 1.92 billion tonnes grading 0.41% copper and 0.31 g/T gold (containing 19.0 million ounces of gold and 17.3 billion pounds of copper) constrained by conceptual block cave shapes.” Seabridge noted that the “updated resource estimate represents an increase of 3.0 million ounces of gold and 2.1 billion pounds of copper over last year’s inferred resource estimate.” In a Feb. 16 research report, National Bank Financial Analyst Raj Ray wrote: “The resource additions … Continue reading

The Discoveries Keep on Coming for Balmoral Resources

Balmoral’s string of assay results released over the last few weeks includes new discoveries as well as extensions of high-grade zones on its Quebec properties. Balmoral Resources Ltd. (BAR:TSX; BALMF:OTCQX) announced on Feb. 15 that drilling has extended the Bug South gold deposit on the Martiniere Property in Quebec to a depth of 350 vertical meters and it “remains open down-plunge below this level.” The company also announced the best intercept to date at the Detour East Property, 40 miles to the west. Prior to that, Balmoral reported the discovery of a new, near-surface zone of high-grade mineralization on its Martiniere Property, the “fourth new discovery from the summer/fall 2016 drill program.” The intercept returned 11.66 meters grading 6.25 g/t gold. According to the company, the “new discovery is located 250 to 300 metres east of the projection of the main Bug Lake Gold Trend in a largely untested area … Continue reading

GFG Resources Secures Financing to Stoke Rattlesnake Hill Gold Project

GFG Resources has closed a CA$5 million bought-deal financing, securing funding for ongoing exploration at its flagship Rattlesnake Hills gold project in Wyoming. GFG Resources Inc. (GFG:TSX.V; GFGSF:OTCQB) announced the financing on Jan. 31, 2017, and that the deal closed, bringing in CA$5,002,500, on Feb. 22. “The net proceeds from the Offering will be used towards the Company’s 2017 exploration drilling program at its 100% owned Rattlesnake Hills gold project in Wyoming, U.S., and for general corporate purposes,” the press release states. In the announcement, the company calls its 100%-owned Rattlesnake Hills project “a district-scale gold exploration project” and states the “geologic setting, alteration and mineralization seen in the Rattlesnake Hills are similar to other gold deposits of the Rocky Mountain alkaline province which, collectively, have produced over 50 million ounces of gold.” In a December 2016 research report, Macquarie Research Analyst Michael Gray notes that GFG has “significant Tier … Continue reading

Energy Fuels Provides ‘Strong Leverage to Potentially Increasing Uranium Prices’

Uranium has risen 30% from the very low prices of late last year and a trio of analysts agrees that Energy Fuels is in position to take advantage of a rising price environment. Uranium’s 30% rise from the low of $17.75/lb on Nov. 30, 2016, is fueled by a number of supply and demand factors that has industry watchers optimistic that the tide has turned. On the supply side, Kazakhstan’s state-owned Kazatomprom announced in January that it would cut production by 10%; the company supplies 40% of the world’s uranium. The company also announced the opening of a trading office in Switzerland. That could help placing the material in the market on a more orderly basis. Justin Chan, an analyst with Numis Securities, told Proactive Investors that “Kazatomprom’s establishment of Swiss marketing arm suggests that inventory management may become a policy tool. An inventory policy rather than direct supply would … Continue reading

Atlantic Gold: Constructing MRC Is Just the Start of This Growth Story

The Critical Investor profiles Atlantic Gold, which expects to commission its Moose River gold mine in Nova Scotia by the end of this year. Sometimes companies continue to fly under the radar of the big audience, despite having done almost everything right in the past few years, except maybe being too prudent on marketing. One of those companies is Atlantic Gold Corp. (AGB:TSX.V), which is currently building its Moose River gold mine in Nova Scotia, a mining friendly jurisdiction in Canada (#17 out of 109 according to the 2015/2016 Fraser Survey of Mining Companies). However, this junior isn’t completely unknown to the mining investment community, guys like Rick Rule recognized the potential early, and invested heavily together with other powerful backers, when the share price was much lower. Construction activities are entering the final phase, which will allow Atlantic Gold to start commissioning the mine before the end of this … Continue reading

Jack Chan: Buy Zones in an Oil Bull Market

Technical analyst Jack Chan charts the latest moves in energy market, noting a major buy signal. $OSX is on a major buy signal, which can last for months and years. COT data is supportive for overall higher oil prices. Our trading model identifies the buy zones in a bull market, simple and effective. Crude oil is flagging, which suggests a breakout soon. Oil stocks are consolidating in a falling wedge, which also suggests a bullish resolution. SummaryThe 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. To see a list of recent articles with industry analysts and commentators, visit our Streetwise Articles page. Jack Chan is the editor of simply profits … Continue reading

Jack Chan’s Weekly Gold and Silver Update

Technical analyst Jack Chan charts the latest moves in the precious metals sector. Our proprietary cycle indicator is up. The 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. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. We are long FCX 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. SummaryThe gold sector is on major buy signal. The cycle is up. I am 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 … Continue reading

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