Common Stock Warrants

Source: The Critical Investor for Streetwise Reports 02/29/2020 In this Critical Investor guest post, Resource Maven Gwen Preston discusses developments with the company and its Quebec project. This article by Gwen Preston was originally published December 12, 2019, at Resource Maven. All pictures are company material, unless stated otherwise. Genesis Metals Corp. (GIS:TSX.V; GGISF:OTC) has been around for a decade. Over that time, it worked and dropped a few projects, but more importantly it found two projects that the team really liked. The bear market made it hard to raise capital so work programs were limited. The work that was done returned good results, good enough that a strong technical team took an interest in the company early this year. I should clarify: a few key people asked the technical team to take a look at the Chevrier project. Those people were John Robins and Jim Paterson, founders of the Discovery Group (Great Bear, Kaminak, Bluestone, Northern Empire, Fireweed, etc.). Genesis had long been associated with the Discovery Group because President Jeff Sundar has supported several of the group’s companies through a board position or similar, but GIS had not officially been part of the group until early 2019 when Paterson decided to rotate his Northern Empire winnings into the stock. Paterson cleaned up the market (i.e., bought up lots of the stock available for sale) and joined as an advisor. With him came a few other advisors and board members who strengthened the deal. And Paterson asked Rob Carpenter … Continue reading →

Source: Bob Moriarty for Streetwise Reports 02/16/2020 Bob Moriarty of 321gold profiles an exploration junior with a high-grade project in the Juneau gold belt. There are a ton of tiny juniors out there who are taking advantage of a more favorable financing market to cash up and get cranking. One, with a tiny market cap of about $5 million at the time, contacted me a few weeks back with an interesting story. They wanted to advertise and were coming out with a private placement so I bought into it. The market quickly understood what the company had so the shares doubled before the placement closed. In fact, the demand was so brisk they had to raise the price and doubled the size of the pp. The company is called Grande Portage Resources Ltd. (GPG:TSX.V) and they have a most compelling story. Their Herbert gold prospect in SE Alaska, just west of Northern British Columbia, is in the midst of the Juneau gold belt that has produced seven million ounces of gold to date. They own 100% of the project. A 43-101 released in May of 2019 revealed an indicated resource of 607,000 ounces of gold at a 10.03 g/t grade while the inferred resources showed an additional 252,000 ounces of gold at a grade of 14.15. The six veins that GPG has located on the project are mesothermal in nature which can mean they go as much as eight times as deep as they are long. With grades such as … Continue reading →

Source: Maurice Jackson for Streetwise Reports 02/16/2020 Maurice Jackson of Proven and Probable talks with Rick Rule of Sprott USA and John-Mark Staude of Riverside Resources about the investment promise of project generators. Maurice Jackson: Today we will highlight what may be the most overlooked value proposition in exploration, prospect generators. Joining us for a conversation is legendary investor Rick Rule of Sprott USA and Dr. John-Mark Staude of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). Rick, you, along with Sprott USA, are the most trusted and respected names in the natural resource space. That reputation has been earned with a proven pedigree of personal and investment success for the clients of Sprott USA by identifying companies and sectors that are selling at deep discounts. I would like to begin by asking you a two-fold question. What is a prospect generator and why should someone reading strongly consider the value proposition they may present for one’s portfolio? Rick Rule: A prospect generator, as I define it, Maurice, is an exploration company that uses the management’s technical expertise and commercial acumen to generate investment ideas and an investment thesis, stake those ideas, stake the physical terrain and then bring in other partners to share the financial risk—often to bear the financial risk—in return for a carried interest in the property and or a royalty. The idea is that the exploration business is very much like any other form of research and development business, and that the chief value is actually the intellectual capital … Continue reading →

Source: Michael Ballanger for Streetwise Reports 02/09/2020 Sector expert Michael Ballanger sees something “terrifying” in the charts for copper and long-term bonds. One of the advantages of being a sexagenarian is that after forty years investing in stocks, bonds, commodities, and currencies you have a pretty good idea when something is not exactly “right.” If you have lived a good, normal life and you still have decent control of over your mental faculties and bodily functions, you remember moments in time that impacted your sensibilities, not unlike your first crush on a girl, or that final exam, or an authoritarian coach’s dressing-down. However, given my chosen profession, nothing gets more indelibly etched into one’s psyche than a big price “move” in something one owns. Be it a loss or a win, one can recall all the inputs that created that “move” and, sometimes elatedly and sometimes sadly, one can recall all of the ramifications and repercussion from the “move.” You will, later in life, regale in the joy (or sorrow) of recounting the story of the “move” until people roll their eyes in angst upon being subjected to their ninth or tenth serving. Of course, one of the disadvantages of being a sexagenarian is that over time, one forgets (or imbues) portions of the story, usually in favor of its historical significance or personal accolade. But, alas, that is an anecdote for another day. What I wish to discuss with you all today is that my geriatric power of recall … Continue reading →

Source: Streetwise Reports 02/08/2020 The new numbers and potential for further growth are discussed in an Echelon Wealth Partners report. In a Feb. 3 research note, Echelon Wealth Partners analyst Gabriel Gonzalez reported that Revival Gold Inc.’s (RVG:TSX.V) updated mineral resource estimate for Beartrack-Arnett Creek hit its target of 3 million ounces of gold (3 Moz), up from 2 Moz, and further upside remains. “We believe that Revival has the potential to demonstrate additional resource growth potential to drive further project value,” Gonzalez commented. Both the mill resource and heap-leach resource were updated. The new total mill resource, including Indicated and Inferred ounces, is 2.4 Moz gold at a grade of 1.47 grams per ton (1.47 g/t). This reflects a 46% growth in ounces and a 3% increase in grade over those in the previous estimate. The new total heap-leach resource is 580,000 (580 Koz) gold at a grade of 0.56 g/t. These updated amounts changed from the previous ones by +76% and -23%, respectively, “with the decrease due to the exclusion of historical RC drill holes from the estimate, and a conservative 75% assumed metallurgical recovery (compared to >90% in preliminary bottle roll tests).” Gonzalez pointed out that further heap-leach resource potential exists. For Beartrack specifically, the total resource now stands at 384 Koz, up 16%, at a grade of 0.55 g/t, down 24%. The differences in those numbers are due to use of a 15% lower mining cost of $2.25 per ton and a lower cutoff grade of … Continue reading →