Two Companies Whose Innovative Technologies Could Revolutionize E-Waste Processing and Disrupt Mining

Source: Streetwise Reports 10/16/2018 David Morgan, publisher of The Morgan Report, discusses two companies that have come up with groundbreaking technologies that hold the potential to change the way E-waste is processed and the way mining is conducted. David Morgan, the well-respected publisher of The Morgan Report, has decades of experience with precious metals investing. He began investing at the age of 16, and was influenced by Jim Dines, the force behind The Dines Letter, who sold Morgan on the need for monetary reform. Morgan also studied under William O’Neil, the founder of Investor’s Business Daily, and an extremely astute investor. Morgan founded The Morgan Report to help investors protect their wealth regardless of the economic outlook. Morgan realized early on that a lot of companies have great stories, but that does not mean they will succeed. To help investors allocate their investments, he divides the portfolio into three tiers: top tier, midtier and speculative. Over the years, top-tier portfolio companies such as Pan American Silver, Silver Standard, Agnico Eagle, Franco-Nevada and Silvercorp Metals have made large gains. Some more speculative stocks, such as Western Silver, were takeover targets, and The Morgan Report prides itself on the number of speculative juniors it has recommended that have become mines. Streetwise Reports sat down with David Morgan to talk about the precious metals market and several companies that are among his top picks. The Gold Report: Gold and silver have been trading sideways for some time. What’s your crystal ball telling you … Continue reading

3 Big Reasons Chart Expert Believes You Should Own This Gold Stock

Source: Clive Maund for Streetwise Reports 10/15/2018 Technical analyst Clive Maund charts a young gold explorer that he expects to soar. American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) looks set to soar on the back of a rising gold price, after negative sector sentiment has hammered it down to a silly price. It’s always nice to pick up a stock that experts are raving about when, by waiting a few months, you can buy it at a little over a quarter of the price it was at earlier when they started talking about it, and such is the case with this one. You can read about the fundamental story in Why Five Industry Experts Have This Gold Explorer on Their Radar Screens. Technically, the outlook for the stock could scarcely look better, as we will now proceed to see. Our 8-month chart for the U.S. traded stock shows it from when it started trading back in April. After moving sideways for a few weeks from inception it went into a stubborn and rather severe downtrend that was aggravated by the worsening and terminally negative sentiment towards the sector that persisted until very recently, and only really started to improve last week. Notice, however, how upside volume has started to kick in over the past month and especially in recent days, that has driven both its volume indicators shown steeply higher. This is a very bullish development that usually precedes a change of trend, and there is certainly plenty of scope for … Continue reading

Three Resource Companies: Drilling, Waiting and a Rebirth

Source: Adrian Day for Streetwise Reports 10/15/2018 Money manager Adrian Day looks at three resource companies in his portfolio, one the latest addition with lots of activity; the second, a waiting game; and the third, a re-emergence. Evrim Resources Corp. (EVM, CN, 1.49) received this past week its eagerly awaited permit to drill the Cuale project, and has already got crews on the property ready to commence the drilling. Evrim is planning a minimum of 3,000 meters comprising 10-15 holes. Initial drilling will focus on the La Gloria deposit which was the site of the spectacular trench results in the spring, to test the depth of the high-grade mineralization. Drilling will also test four step-out areas. It could be big! High-sulphidation systems such as Cuale can grow rapidly. If drilling confirms the high-grade results of the trenches, if the mineralization continues to depth, and if any of the step-outs suggest another high-grade deposit (the last two adding volume to grade) then Cuale could attract interest very quickly. Many senior miners are watching closely. Given the excellent infrastructure and strong political jurisdiction, the 100%-owned project (subject to a 1.5% royalty on precious metals and 1% on base metals) would be worth a multiple of current value if the drilling is successful. We should have results before year end. Before the permit was received, Evrim has released additional trench results that extended the La Gloria zone both to the northwest and east with consistent mineralization. Soil sampling indicated a larger footprint. All … Continue reading

Three Junior Miners on Brien Lundin's Top Pick List

Source: Streetwise Reports 10/15/2018 Brien Lundin, publisher of Gold Newsletter, discusses recent moves in the precious metals markets, several mining companies he has his eyes on, and plans for the upcoming New Orleans Investment Conference. The Gold Report: Brien, thanks for joining us today. Can we start with your take on the current situation in the precious metals market? Brien Lundin: Yes. As everyone knows by now, gold responded very well to the big sell-off in stocks. It gained about $5 on the first day of the big correction, and popped about $30 higher on the second day. We’ll have to see if there’s some significant follow-through from these gains. But longer term, gold has two potential paths upward: 1) continued market turmoil that leads the Fed to at least flinch as it considers additional rate hikes; and 2) a short-covering frenzy that turns into a more-sustained, trend-following run higher as investors increase allocations to the sector. Frankly, I think we’re going to see a combination of both factors contributing to a significant rebound in gold and silver. It won’t be a smooth ride, and we’ll get a lot of volatility along the way. (Remember the daily swings of as much as $100 in 2008.) In the very near term, we can expect a counterattack on gold after one of the biggest one-day rallies in years. TGR: Are there a couple of companies that you’d like to talk about that investors should be taking a look at this point? BL: … Continue reading

Silver's Time Is Coming

Source: Clive Maund for Streetwise Reports 10/14/2018 Technical analyst Clive Maund charts silver and discusses the factors that he believes will lead silver upward. Unlike gold and precious metals stocks, silver did not break out strongly on Thursday – although it rose, it did not break out at all, nor was volume exceptional, as we can see on its latest 6-month chart below. However, this is not a cause for concern, because in the early stages of sector bull markets gold leads, so we can expect silver to “follow suit” shortly. This is worth knowing, because it means that it is still possible to pick up a lot of silver stocks (and ETFs) at knock down silly prices before it really starts to move. Silver’s latest COT chart, like gold’s, is most encouraging too, with the dumb and wrong Large Specs emboldened to try shorting it again – good luck with that. Click on chart to pop-up a larger, clearer version. Meanwhile the silver Hedger’s chart is showing record bullish extremes. Click on chart to pop-up a larger, clearer version. Chart courtesy of On silver’s latest 10-year chart we can see that the pattern may have morphed from what we earlier – and erroneously – thought was a downsloping Head-and-Shoulders bottom into a potential Double Bottom. It should turn up, especially given what gold and PM stocks did late last week. While this chart viewed in isolation doesn’t look too inspiring, you will feel a lot better about it … Continue reading

Volatility Breeds Contempt

Source: Michael Ballanger for Streetwise Reports 10/14/2018 Precious metals expert Michael Ballanger discusses the stock market volatility of the last week and what it may mean for precious metals. When asked about the dominant theme for the markets last January, I said that the one thing I looked forward to was a return of “VOLATILITY” as the Federal Reserve Board moved to “normalize” the interest rate structure, now commonly referred to as quantitative tightening. What has actually transpired since then was a brief volatility spike in February during which the UVXY tripled in ten days but other than that, markets screamed higher, hitting new high after new high with annoying complacency and irritating certainty while “VOL” collapsed. Despite the U.S.-China trade friction, rising yields, weak overseas markets and increasing geopolitical tensions, the NASDAQ has been on fire while Canadian weed deals have dominated water cooler conversations for most of 2018. Volatility has been largely absent – until last week, when it snuck into the upstairs bedroom under cloak of darkness and removed all cash and jewelry from the room. The S&P 500 (after Thursday’s close) had given back 7.2% from its 2,940 peak seen in September when every anchor or commentator in the financial media was breathless with glee. S&P began the Friday session up a mere 2.05% YTD, which is still positive for the year, and remains superbly superior to gold’s 6.24% decline since 2018 arrived. In February and in May, gold and stocks were neck and neck but … Continue reading

Canadian Metals Explorer Now Offers 'Attractive Entry Point'

Source: Streetwise Reports 10/13/2018 A Fundamental Research Corp. report relayed this company’s investment highlights. In an Oct. 9 research note, Fundamental Research Corp. analyst Siddarth Rajeev indicated that Golden Arrow Resources Corp.’s (GRG:TSX.V; GAC:FSE; GARWF:OTCQB) recent share price drop represents a current buying opportunity. Fundamental has a CA$0.98 per share fair value estimate on Golden Arrow; the company’s stock price is now around CA$0.29 per share. The average enterprise value:resource ratio of the other junior silver companies in Fundamental’s coverage universe has decreased to CA$1.63 per silver equivalent ounce from CA$2.29 since May, when the research firm initiated coverage on Golden Arrow, due to the decrease in silver prices. Golden Arrow’s shares are trading at CA$0.54 per ounce, much lower than the average. Aside from its current valuation, Golden Arrow is an attractive investment, in part, Rajeev pointed out, due to its joint venture partnership, with SSR Mining, in Puna Operations Inc., which is composed of the Chinchillas and Pirquitas projects. Golden Arrow owns 25% of Puna; SSR owns 75%. This year, 3 to 4.4 million ounces of silver are to be produced at Chinchillas, according to SSR Mining estimates. “GRG will receive a 25% share of the net profit,” Rajeev emphasized. Ore from Chinchillas will be processed at Pirquitas, and that should begin soon. Also, Golden Arrow owns the Antofalla project in Argentina, which recently yielded “encouraging” drill results, indicated Rajeev. They included 3 meters of 191 grams per ton silver, 1 meter of 283 grams per ton silver … Continue reading

'Another Prospective Oxide Gold Target' Identified at Nevada Project

Source: Streetwise Reports 10/13/2018 This discovery further expands the Canadian company’s pipeline of exploration opportunities in the Railroad District. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) delineated another oxide gold target with further exploration potential at its Railroad-Pinion project in Nevada’s Carlin Trend. The new LT target, 3 kilometers north-northwest of the company’s Pinion deposit, was revealed in the results of 70 surface rock samples taken from a 400 meter by 200 meter area. Assay highlights included 12.9, 11.2, 6.65 and 4.5 grams per ton gold. The values overall spanned from less than 0.005 to 12.9 grams per ton gold. In comparison, previous rock sampling in the area ranged from less than 0.005 to 4.99 grams per ton gold. “LT is further evidence of the robust, district scale of the Railroad-Pinion mineral system. . .we believe that LT is not the last new target we will find this year,” CEO and director Jonathan Awde commented in the news release. He noted LT is located further north and west than any areas Gold Standard has explored on the property to date. It bears the same characteristics of discoveries at Dark Star, Jasperoid Wash and Dixie “but with better surface gold exposure.” The release explained that “gold mineralization is hosted in decalcified, silicified and oxidized multilithic dissolution collapse breccia proximal to a north-striking igneous dike.” Read what other experts are saying about: Gold Standard Ventures Corp. Sign up for our FREE newsletter at: Disclosure: 1) Doresa Banning compiled this article for Streetwise … Continue reading

U.S. Precious Metals Firm's Q1 FY19 Streaming Deliveries, Revenue Beat Expectations

Source: Streetwise Reports 10/11/2018 A BMO Capital Markets report reviewed this Denver, Colo.-based company’s quarterly sales. In an Oct. 9 research note, Andrew Kaip highlighted Royal Gold Inc.’s (RGLD:NASDAQ; RGL:TSX) reported sales from its streaming agreements. Gold sales and silver and copper deliveries during Q1 FY19 were “higher than estimated.” Gold stream deliveries were 46,000 ounces (46 Koz) versus BMO’s estimated 43.5 Koz, and gold inventory dropped to 20 Koz from 22 Koz. Silver and copper stream deliveries were 544 Koz and 0.7 thousand tons (0.7 Kt), respectively, compared to BMO’s expectations of about 456 Koz silver and 0.5 Kt copper. During the quarter ended Sept. 30, 2018, the company’s streaming revenue is estimated at $69.5 million, which would exceed BMO’s $62.7 million forecast. At the same time, costs were down, coming in at an estimated $16.4 million versus BMO’s anticipated $19.8 million. “We expect a positive revision to our estimates,” Kaip indicated. As for average metals prices, they were lower in Q1/19, quarter over quarter. Gold was $1,221 per ounce ($1,221/oz) versus $1,314/oz one quarter earlier. Silver was $15.25/oz compared to $16.55/oz. Copper was $5,800 per ton, down from $6,847 per ton. Cost of sales during the quarter were $288/oz of gold equivalent, down from $349/oz in Q4/18. Royal Gold is scheduled to release its Q1/19 results after the market close on Oct. 31, with a conference call to follow at noon Eastern Standard Time on Nov. 1. BMO has an Outperform rating and a $98 per share target … Continue reading

Time to Rebalance Your Precious Metals Portfolio

Source: Maurice Jackson for Streetwise Reports 10/10/2018 Some precious metals ratios are out of whack, says Andy Schectman of Miles Franklin Precious Metals Investments in conversation with Maurice Jackson of Proven and Probable, and explains why he believes now is a good time to rebalance. Maurice Jackson: Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. We have some important topics to address today regarding physical, precious metals. Before we begin, for first time listeners, who is Miles Franklin, and what type of services do we provide? Andy Schectman: Miles Franklin is a precious metals company that’s been in business in Minneapolis since 1990. We’ve operated almost 29 years without a customer complaint, ever. We have an A Plus rating with the Better Business Bureau, and are one of fewer than 30 companies in America to ever be approved by United States Mint as an authorized reseller of its product. And more than anything, in a federally non-regulated industry, Maurice, that stands for something. We’ve seen so much fraud in this industry, typically centered around the low-priced online retailers. In fact, we’ve never had a customer complaint is something we’re very proud of. But the state of Minnesota takes it one step further. We’re the only state in America that regulates the precious metals industry. We are beholden to the Commissioner of Commerce with the surety and background checks annually of every single one of our employees. “Silver is probably one of, if … Continue reading