God Bless Winston

Source: Michael J. Ballanger for Streetwise Reports 04/15/2019 Precious metals expert Michael Ballanger, along with discussing Winston Churchill’s brilliance with the English language, covers recent moves in the market and a uranium company that he believes is well situated. “‘Success consists of going from failure to failure without loss of enthusiasm.” – Sir Winston Churchill Throughout history, society has always canonized certain political, military, and religious icons for reasons seemingly obvious, but after drilling down into the fabric of such, what surfaces is that generational memory is aided and abetted by those who would seek to monopolize public opinion by piggybacking upon those very achievements responsible for the canonization. Sir Winston Churchill was a soldier, an author, a politician, a Prime Minister, and finally, an historical icon of immense magnitude. Not only was he one of the most distinguished users of the English language, he was a brilliant strategist. The famous Lady Astor was the first female ever elected to the British Parliament who was also vehemently opposed to everything that Churchill represented to the degree that this exchange of wit toppled stanchions: Lady Astor said to Churchill: “If you were my husband, I’d poison your tea!” Churchill to Lady Astor: “Madam, if you were my wife, I’d drink it!“ Another superb exchange just prior to a high-profile Masquerade Ball… Churchill to Lady Astor: “What do you think I should wear?” Lady Astor to Churchill: “Sobriety.” The greatest of all Churchillian zingers was his interaction with a certain Bessie Braddock, … Continue reading

The Master Tournament & Some Great Articles Requiring Your Attention

With The Masters rapping up in Atlanta, we have Tiger, still in the hunt with a few holes remaining as I write this piece. Hello Subscribers and others interested in possibly becoming subscribers. Gold has substantially fulfilled our views as well as the views of TheTechnicalTraders.com to the down side target of no more than $1278. We could easily trade in a tight range now for a few weeks, before we resume the upside move and then take out the longtime overhead resistance around $1400 and then head to $1500 perhaps by years end. You need to be in position very soon to capture what I believe will be the potential for many 10 baggers in resource shares and much more in the stock warrants on those shares. Get Started Now Recent Articles On Our Websites: Stock Warrants | Power Point Presentation (April 5, 2019) ADL Predictions For Price Of Gold Precious Metals Setup Final Buying Opportunity Is This The Last Leg Higher For The Dow Index? Crude Oil Nearing Resistance – Could A New Top Form Here? Canadian Dollar May Be Setting Up For An Upside Breakout Enjoy your weekend but don’t go to sleep and miss this opportunity, Dudley Pierce Baker http://CommonStockWarrants.com GET STARTED NOW  

Gold Miner with Solid Q1/19 'Firing on All Cylinders'

Source: Streetwise Reports 04/13/2019 This company’s record gold production in Q1/19 and its impact on guidance along with expected catalysts were discussed in this ROTH Capital Partners report. In an April 9 research note, ROTH Capital Partners analyst Jake Sekelsky reported that Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) “continues to fire on all cylinders,” as it produced a record amount of gold in Q1/19. The analyst noted the miner’s Q4/19 production was strong and reviewed the numbers. Total production was 231,879 ounces of gold (oz), which was in line with ROTH’s estimates. The Fosterville mine, which produced 128,445 oz and the Macassa mine, which produced 72,776 oz, outperformed in Q1/19, contributing to the record production overall. In contrast, Fosterville, which produced 128,445 ounces of gold, underperformed relative to ROTH’s forecast, due to mine sequencing. However, “we expect production at Fosterville to increase gradually throughout the year as development work is completed at the high-grade Swan zone,” Sekelsky commented. Production at each of the rest of Kirkland Lake’s mines was generally in line—17,225 oz at Holt, 12,377 oz at Taylor and 1,056 oz at Holloway, Sekelsky noted. With a solid Q1/19 behind it, Sekelsky indicated, Kirkland Lake is “well positioned” to meet full-year 2019 production guidance of 920,000 ounces to 1 million ounces of gold. ROTH projects the company will reach 935,076 gold oz of production during the year, but if more material from Fosterville’s high-grade Swan zone is “brought into the mine plan in H2/19,” this estimate could prove conservative, … Continue reading

Firm to Aggressively Explore Gold System in Fiji Caldera

Source: Streetwise Reports 04/11/2019 The goals are to further define and determine the extent of the mineralization then identify targets for drill testing. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it developed plans to fully explore the large alkaline gold system of the Navilawa caldera in Fiji, which encompasses the company’s Tuvatu project. The company noted that Quinton Hennigh, its newly appointed technical advisor, and its geology team have “undertaken a thorough evaluation of its 100% controlled Tuvatu high-grade gold deposit and adjacent tenure within the Navilawa caldera, Viti Levu, Fiji and developed aggressive plans to explore the full extent of this very large gold system.” “Lion One’s immediate goal is to generate a pipeline of new drill targets,” the release noted. Once the rainy season ends, Lion One will conduct stream sediment sampling, using the bulk leach extractable gold method, over the entire Navilawa area. This work should produce results that will help define and prioritize areas of mineralization and identify targets. The company also will conduct initial controlled-source audiofrequency magnetotellurics, or CSAMT, and take and amass closely spaced gravity measurements. The data from these activities will assist in better delineating the structure underlying the Navilawa caldera’s vein network. While all of those components are in progress, the company’s geologists will continue their ongoing prospecting and mapping efforts. Read what other experts are saying about: Lion One Metals Ltd. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for … Continue reading

Deer Horn Moves Toward Tellurium Production

Source: Bob Moriarty for Streetwise Reports 04/11/2019 Bob Moriarty of 321 Gold discusses recent developments with this company that has one of only four primary tellurium mines in the world. I first wrote about Deer Horn Capital Inc. (DHC:CSE; GODYF:OTCBB) back in January of this year. The company has a primary tellurium project in northern British Columbia, one of only four primary mines in the world. Tellurium is an interesting metal used primarily in the production of solar panels and steel. In general the metal is produced as a by-product of high grade copper refining. Tellurium is also used in thin film solar panels. The market is estimated to grow from $8 billion today to $30 billion in five years. Thin film solar consumes about 40% of total Te production. Deer Horn has both a 43-101 resource and a PEA completed only ten months ago. Just recently they announced a partnership with Fenix Advanced Materials to advance the use of ultra-high purity tellurium for use in solar energy and telecommunications for both commercial and military markets. Fenix sees a dramatic increase in the demand for tellurium as a result of a supply deficit “as of 2020 could be as big as a staggering 370 metric tonnes.” On April 10th Deer Horn Capital announced a partnership with the First Nation mineral exploration entrepreneur Allen Edzerza. Deer Horn will own 49% of the new company and Mr. Edzerza will own 51%. He will be responsible for getting First Nation approval on potential … Continue reading

Analyst: MAG's JV Silver Mine 'Will Be One of the Highest Margin Precious Metal Projects Globally'

Source: Streetwise Reports 04/11/2019 The current key points concerning the project are summarized in a Macquarie Research report. In an April 4 research note, Macquarie Research analyst Michael Gray relayed the highlights from MAG Silver Corp.’s (MAG:TSX; MAG:NYSE.MKT) recent update on Juanicipio, its joint venture (JV) project with Fresnillo. One major factor is MAG has enough capital to fund its share of the Bonanza zone upper mine. The company had $130.2 million in cash and cash equivalents at year-end 2018. “We think an extra working capital cushion will be secured by year-end 2019,” Gray noted. Another takeaway is the Juanicipio mine construction is “progressing well,” wrote Gray, with more than 18.5 kilometers (18.5 km) of underground development, including 1 km of the conveyor ramp, having been finished to date. What is being worked on now are excavation for and construction of the underground crushing chamber and detailed engineering for the internal shaft. Regarding agreements made to date, the JV has made $23.1 million worth with process equipment suppliers and $69.5 million worth with development contractors, according to Fresnillo. The entity still needs to secure agreements for engineering, procurement and construction management, operating services, and lead and zinc offtake. The next major catalyst for MAG is the Juanicipio JV’s technical committee approving the independent feasibility study, after which a construction decision by its board and Fresnillo’s board is expected. Fresnillo has guided to commercial production starting in H2/20. Also noteworthy about Juanicipio, Gray indicated, is exploration there continues, now with five … Continue reading

Canadian Mineral Explorer Starts Drilling at Project in Mexico

Source: Streetwise Reports 04/11/2019 This asset, located in a historical mining district in Coahuila, is highly prospective for silver and zinc. Silver Bull Resources Inc. (SVB:TSX; SVBL:NYSE.MKT) announced in a news release it launched an 8,000-meter drill program at its Sierra Mojada project in Mexico after receiving the necessary permits. The campaign will initially test four historic mining areas on the property. Drilling in one previously drilled location will test the sulphide extensions of the main deposit at depth as mineralization at the deposit remains open to the east, west and north. This will be the first drilling ever done in the other three places. Drilling is being conducted under Silver Bull’s joint venture option with South32, and Major Drilling De Mexico S.A de C.V. will perform the work. Under the option agreement, “South32 must contribute minimum exploration funding of US$10 million (‘Initial Funding’) during a 4 year option period with minimum aggregate exploration funding of US$3 million, US$6 million and US$8 million to be made by the end of years 1, 2 and 3 of the option period respectively.” Read what other experts are saying about: Silver Bull Resources Inc. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned … Continue reading

Gold Discoveries, Garimpeiros and a Gringo Bar

Source: James Kwantes for Streetwise Reports 04/10/2019 James Kwantes of Resource Opportunities profiles exploration geologist Dennis Moore and his company’s Nevada projects. “Hello, you’ve reached Rock Bottom.” It was the greeting for those calling Mongo’s Rock Bottom Cafe, the popular expat bar opened by exploration geologist Dennis “Mongo” Moore and a partner in La Paz, Bolivia. That was in the early 1990s, before Bolivia became a rather unfriendly place to explore for mineral deposits. At the time, the country was a thriving center for mineral exploration. And Mongo’s, in Bolivia’s capital city, was a gathering place for geologists and drillers from around the world. It’s a curious name for a bar in a city situated 3,600 meters above sea level. But it may make perfect sense given the description of geology as “liquor and guessing”—immortalized in a Dilbert comic strip—combined with a sector in which gloomy lows are the companion to occasional euphoric highs. These days, Moore is president of Fremont Gold Ltd. (FRE:TSX.V), a Nevada-focused exploration company focused on new discoveries and drilling for gold on the doorstep of McEwen Mining’s (MUX-T) Gold Bar mine in the Battle Mountain-Eureka-Cortez trend of northern Nevada. Fremont is on the eve of a 1,000-meter drill program at Gold Canyon, one of the satellite pits to the original Gold Bar mine. The other satellite pits are owned by McEwen Mining, which comprise McEwen’s Gold Bar mine—expected to begin production this quarter. Fremont recently cut short a drill program at the original Gold Bar … Continue reading

Opportune Time to Buy Top Pick Gold Stock, Analyst Says

Source: Streetwise Reports 04/09/2019 An Echelon Wealth Partners report explains why this mining company warrants Top Pick status. In an April 3 research note, analyst Ryan Walker reported that Echelon Wealth Partners again chose Wesdome Gold Mines Ltd. (WDO:TSX) as a Top Pick for the quarter, for the fifth consecutive time. “We contend that further upside remains with several key catalysts to come in 2019,” he wrote. With the recent drop in the share price and in light of the upcoming catalysts, now is a good point to get into the stock or add to one’s position, Walker indicated. He attributed the decline in large part to an increased short position resulting from the market expecting Wesdome to perform an equity raise, along with pressure on the gold price. “A raise is not likely, even though the company intends to fund exploration efforts in 2019 with cash flow,” he stated. The company ended Q1/19 with $27.8 million in cash. One reason for naming Wesdome a Top Pick, Walker highlighted, is the fact it is “delivering on increased 2019 guidance.” It reported Q1/19 production of 19,010 ounces, above Echelon’s forecasted 17,309 ounces. With this performance, the company is well on its way to achieving H1/19 guidance of 31–35,000 ounces. The production beat is attributed to a higher-than-expected grade of 18.5 grams per ton (18.5 g/t) at Eagle River. It exceeded Echelon’s projected 15.5 g/t grade and Wesdome’s own guidance of 15.5–16.5 g/t. “The grade outperformance reflects early mining of the high-grade … Continue reading

MAG Silver Remains Focused on Development, Exploration of Mexico Asset

Source: Streetwise Reports 04/09/2019 A project update and the company’s full-year 2018 financials were reviewed in an H.C. Wainwright & Co. report. In an April 2 research note, H.C. Wainwright & Co. analyst Heiko Ihle reported that MAG Silver Corp. (MAG:TSX; MAG:NYSE.MKT) continues to advance its joint venture Juanicipio project with partner Fresnillo Plc (FRES:LSE). Progress is being made with respect to development at the asset in Mexico’s Fresnillo Trend. To date, more than 18.5 kilometers of underground development have been finished. Current work involves extending three internal spiral footwall ramps along the entire strike length of the Valdecañas vein system, building the underground crushing chamber, installing the conveyor ramp between the mine and mill site and integrating other underground infrastructure. The production start date for Juanicipio is sometime in H2/20. Yet before production can begin, MAG and Fresnillo must approve the feasibility study. Both companies are currently reviewing it. “We believe both boards should approve the document,” commented Ihle. Also taking place at the Juanicipio property is continued exploration. “With five drill rigs currently located at the site with another rig expected to begin turning underground, developing and exploring the Juanicipio property remains a top priority for the company,” Ihle pointed out. As for MAG Silver’s 2018 financial results, Ihle relayed that the company posted a loss of $5.8 million, or $0.07 per share, which compares to last year’s loss of $6.5 million, or $0.08 per share. The difference was due to an uptick in interest income, as well … Continue reading