News

Klondex Finds Growth Opportunity in True North

Klondex Mines Ltd. released an update on the company’s exploration and project development activities at its True North Gold mine, which was formerly known as the Rice Lake mine, in Manitoba, Canada. The company acquired the Canadian asset in January 2016. Klondex Mines Ltd. (KDX:TSX; KLDX:NYSE.MKT) reported that project development activities continue to advance and

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Will Brexit Vote Push US Dollar One Way or the Other?

With both gold and silver ETFs trading in heavy volumes last week, technical analyst Jack Chan suspects liquidation is occurring, and speculates that the upcoming Brexit vote could impact the U.S. dollar. The gold ETF produced an outside reversal this week on very heavy volume, suggesting liquidation. The silver ETF also furnished an outside reversal

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Commercial Traders Have Just Gone Over the Top

Precious metals expert Michael Ballanger examines Friday’s COT report and discusses its implication for investors. With Friday’s Commitment of Traders Report, the ridiculous has just metastasized into the sublime as the Commercial Cretins have just gone “over the top” and added another 5.4M “ounces” to their synthetic gold short position. At 298,077 contracts declared short,

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‘Rent’ the Oil Space to Blunt the Jagged Downside of Volatility: Paradigm’s Ken Lin

The Energy Report: Brent oil prices have been in the $60+/barrel ($60+/bbl) range for most of the last month, and West Texas Intermediate (WTI) has stayed above $50/bbl. Did oil establish a bottom? What indicators are you watching to see if the trend will continue? Ken Lin: We probably reached a bottom at the $45/bbl

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Quaterra’s Agreement with Freeport Nevada Extends Yerington Funding

Quaterra Resources Inc. and its subsidiary Singatse Peak Services announced earlier this week that they had reached an agreement with Freeport Nevada to extend for up to two years the current Stage 2 of Freeport Nevada’s option to acquire an interest in the company’s Yerington Copper Project in Nevada. Gerald Prosalendis, recently appointed president and

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