The S&P 500 closed at the highest level since March 20. Yesterday was the sixth positive session in a row and the soft read on inflation spurred broad-based buying. Price action tested out above major three-star resistance but settled hugging the big level in which it failed at less than a month ago. …read more […]
Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries Read More »
Global equity markets have attempted to trade cautiously higher at the end of the week, as a combination of soft U.S. inflation figures, stronger commodity prices and slightly easing geopolitical tensions seems to have had a small impact on risk sentiment. …read more From:: Resource Investor
Dollar slips while gold shines Read More »
The Aussie could extend its gains next week unless the RBA’s monetary policy meeting minutes on Tuesday convey a surprisingly dovish message or the Australian employment numbers on Thursday disappoint expectations. From the United States, next week’s key data include retail sales on Tuesday and industrial production and some housing market data on Wednesday. …read
AUD/USD forms potential reversal signal Read More »
By Big Al Chris Temple interviews Luc Lesage of Coral Gold Resources, Ltd. (TSXV-CLH; OTC-CLHRF) Many overlook the fact that — within the Oniva Group-run companies founded by the late Louis Wolfin and today overseen by his son David Wolfin — there is not just the best known of those, (being Avino Silver and Gold
Company Profiles – Fri 11 May, 2018 Read More »
By Anwesha Sengupta Nevada Sunrise (TSXV:NEV) announced today that it will make an application to the TSX Venture Exchange (the “TSXV”) to amend the terms of 2,450,000 outstanding share purchase warrants (the “Warrants”) issued on June 16, 2016 in connection with a non-brokered private placement (for further details on the private placement see Nevada Sunrise
Nevada Sunrise Announces Application to Amend Warrants Terms Read More »
By Anwesha Sengupta NorthIsle Copper and Gold (TSXV:NCX)(“Northisle” or the “Company”) and Freeport-McMoRan Mineral Properties Canada Inc. (“Freeport”) have agreed to an initial work plan and budget for Northisle’s wholly-owned Pemberton Hills Property located on Vancouver Island, in British Columbia. The program is being fully-funded by Freeport under a farm-out Option Agreement executed earlier this
By Scott TIbballs Imperial Metals Corporation (TSX:III) has released its financial results for the three months ended March 31, 2018. As highlighted in the press release: Revenues increased to CA$117.9 million in the March 2018 quarter compared to CA$115.7 million in the 2017 comparative quarter, an increase of CA$2.2 million or 1.9 percent. Revenue from
By Nicole Rashotte Shares of Midas Gold (TSX:MAX) climbed almost 19 percent after top gold producer Barrick Gold (TSX:ABX, NYSE:ABX) announced it will increase its stake in the Vancouver-based company. Barrick will purchase 46.55 million Midas common shares at a price of C$1.06 per share for gross proceeds of US$38,065,907. The transaction will close around
Midas Shares Up After Barrick Announces US$38-million Investment Read More »
By Cory Anaconda Mining – Expanding The Goldboro Resource And Recent Q1 Results Anaconda Mining released more Goldboro drill results earlier this week that hit high grades over narrow widths. I chatted with Dustin Angelo, Anaconda’s President and CEO about how the Company continues to expand the resource in all directions. Since Anaconda is a
Company Updates From Management – Fri 11 May, 2018 Read More »
By Cory Why Are So Many People Talking About The Fed Switching Course? After the slight miss in inflation data yesterday we continue to hear pundits say the Fed is going to have to switch course. Chris Temple and I discuss the factors that the Fed is watching most closely and more importantly what they
Chris Temple from The National Investor – Fri 11 May, 2018 Read More »
