Buying Gold and Buying Gold Stocks Have Very Different Risks & Rewards
Buying Gold and Buying Gold Stocks Have Very Different Risks & Rewards
Goldrich Mining Provides Production Guidance Through 2019 March 18, 2015 – Goldrich Mining Company (OTCQB – GRMC) (“Goldrich” or the “Company”) is pleased to provide shareholders with estimated production forecasts, as provided by our joint-venture partner NyacAU, LLC (“NyacAU”), for the upcoming five mining seasons at Little Squaw mine. Goldrich’s 50% owned subsidiary, Goldrich NyacAU Placer, LLC (“GNP”), is a joint venture between the Company and NyacAU to mine the various placer deposits that occur throughout Goldrich’s 23,000-acre Chandalar gold project in Alaska. NyacAU acts as project manager. The 5-year summary of estimated gold production, financial projections and price
Some still look for $2000 gold. Can they be correct?
See our Top Ten Precious Metal Stocks for 2015: See the Top Ten Here: http://stockguru.com/the-top-ten-precious-metal-stocks-for-2015/
Even when the market is closed in Canada for Civic Day, the US markets continued to trade these very active mining and resource stocks. Some showed some terrific, double digit gains! The Top Mining Stocks for Monday, August 4, 2014: Latest Change Gain Volume Besra Gold Inc. BSRAF 0.0348 0.0098 39.20% 5,970 Laurion Mineral Exploration Inc. LMEFF 0.02 0 18.34% 2,110 Western Lithium USA Corporation WLCDF 0.7274 0.0934 14.73% 1,218,544 Xtra-Gold Resources Corp. XTGRF 0.25 0.02 7.30% 50,000 Northern Graphite Corporation NGPHF 1.12 0.05 4.67% 243,198 Balmoral Resources Ltd BALMF 1.73 0.07 4.22% 30,199 Focus Graphite
This is our Top Ten Mining Stocks Dually Listed on both Canadian and US Exchanges for the second half of 2014. This list features those that are first Canadian listed, and then are listed on American smallcap exchanges with an “F” as the last letter in the symbol. These companies are not just your typical gold and silver deposits. You will note that some are considered “energy stocks” as those mine for lithium. To qualify for this list there was a criteria they had to meet. Here is some of that: The company had to be fully compliant and in good
Victoria Continues to Receive High Grade Results at Olive; $3 million Phase 2 Development Program Approved Victoria Gold Corp. (TSX.V-VIT) “Victoria” or the “Company” is pleased to announce commencement of the 2014 Phase 2 Olive exploration program following receipt of additional high grade gold intercepts from the 2014 Phase 1 program at the Olive Zone, adjacent to Victoria’s Eagle Gold deposit, Yukon Canada. CONFIDENCE INCREASES: Mr. John McConnell, President and CEO of Victoria commented “Our confidence continues to increase that the Olive Zone will have a meaningful economic impact on the proposed Eagle Gold Mine. We intend to demonstrate this
We brought you our alert on First Colombia Gold, Corp. (OTCQB:FCGD) overnight and the stock is already up as much as 41% with volume at midday over 770k shares. That is 1.35 times the volume average for a full day, and there is almost three hours remaining in the trade day. Our prior alert: First Colombia Gold Corp $FCGD announces a major acquisition ALERTS ARE ALSO DELIVERED BY EMAIL WHEN ISSUED, SO DO SIGN UP FOR OUR EMAIL LIST: http://stockguru.com/about-stockguru/get-stockguru-email-alerts/ EXPLANATIONS ON OUR EMAIL ALERTS ARE MORE THOROUGH AND EXPLAIN OUR RATIONALE WHEN WE ALERT ON A SPECIFIC STOCK.
First Colombia Gold Corp Announces $4.6m Asset Acquisition First Colombia Gold, Corp. (OTCQB:FCGD) is pleased to announce that the company has acquired $4.6 million in hard assets from Kentucky-based SWO & ISM, LLC., Hein Oil, Co., Inc. and Hein Oil Well Services, LLC., after a series of acquisitions finalized on Monday, July 21, 2014. This represents 100% of the total assets acquired through this acquisition. A brief summary of this acquisition includes land, leases, vehicles, equipment and bonds that total $4.6m in hard assets. Newly appointed president Clarence Parks stated, “In addition to the assets acquired, I am pleased to
Several key gold stocks are up in today’s market despite gold being down slightly. Here is the Top Five Gold Stocks breaking-out today: Stillwater Mining Co. (NYSE: SWC) Avino Silver & Gold Mines Ltd. (NYSE MKT: ASM) Freeport-McMoRan Inc. (NYSE: FCX) Randgold Resources Limited (NasdaqGS: GOLD) Newmont Mining Corporation (NYSE: NEM) Latest headlines on these Top Five Gold Stocks: Newmont Signs Agreement to Sell Jundee Underground Gold Mine in AustraliaBusiness Wire(Mon, May 12) Newmont Releases Voting Results from Annual Meeting of StockholdersBusiness Wire(Tue, Apr 29) Rangold Resources: Kibali Passing Further Milestones En Route to Production TargetMarketwired(Mon, Jul 21) Randgold Resources:
Bakken Resources, Inc. (OTCQX: BKKN) announced its Idaho minerals lease. The Company filed both and 8K and issued a full press release covering this. At the end of the day shares closed up 9.34% on light volume. This is from that release, “…announces its entry into an Oil and Gas Lease for approximately 9,300 net mineral acres located in Idaho, as reported in the Company’s Current Report on Form 8-K filed today with the Securities and Exchange Commission. “The Lease primarily relates to approximately 9,300 net mineral acres located in the Counties of Payette, Ada and Canyon in the State of
This update came out Friday, and likely because the Company has hardly traded lately. What the release shows is that they are getting ready to be very active. Now – I say that with the understanding that there are those companies that *claim* to be ready to start the mining process only to go into the full time business of printing press releases. This is one of those that you really need to keep an eye on. Either this is going to be included in some kind of promotion campaign, or they are going to start digging and bringing in
I don’t know if you saw this today, but several of my friends have traded emails on this. Personally I think any suggestion that gold is going anywhere near $9000 is outrageous. However, I do think it could potentially break $2000 if some of what this analysts suggests actually happens. Rather than quote his rationale (because you can just go read his story at the link at the end of this article) I am going to give you what I think is the logic behind a move in gold of no less than a 50% gain at times this years
This is just out on Colt Resources from Zacks SmallCap Research: Colt Resources expected to File PEA on Tabuaço Tungsten Project By Steven Ralston, CFA HIGHLIGHT FROM THE RELEASE: “We reaffirm our Outperform rating. Our price target is $1.95” Colt Resources (GTP.V) is a junior gold exploration company with two advanced stage projects in Portugal: the Boa Fé gold project and the Tabuaço tungsten project. A Preliminary Economic Assessment (PEA) was completed on Boa Fé in May and a PEA is expected on Tabuaço this month. The company continues to be successful in obtaining capital to finance the exploration and
[cmwizard menu=goldmenu title=”Our Gold Pages”/] Gold stocks… A value now? That’s a good question. I would say ONLY VERY PROFITABLE gold stocks that are still producing… And ONLY at the right price. Those that have not reached the gold and are not at all profitable will all fall to pieces. I will be reviewing the gold stocks we have covered. More on those soon. Smallcap gold stocks on the US exchanges and the TSX Venture… Ouch! Look out there. So many on the smallcaps and the TSX Venture are looking for gold but not quite finding it. Choose producers only. Choose
EPM Mining announces agreement to produce Preliminary Feasibility Study and strengthens its team EPM Mining Ventures Inc. (“EPM” or the “Company”) (TSXV: EPK – OTCQX: EPMMF) today announced the signing of a contract with CH2M HILL (“CH2”) and Agapito Associates, Inc. (“AAI”) to produce a Preliminary Feasibility Study (“PFS”) for the production of Sulfate of Potash (“SOP”) from its Sevier Dry Lake Potash project located in southwestern Utah. With US $6.4 billion in revenue and 30,000 employees worldwide, CH2 is a global leader in full-service consulting, design, design-build, operations, and program management services for public and private clients. AAI has
Colt Resources Inc. (“Colt” or the “Company”) (GTP.V) (P01.F) (COLTF) is pleased to announce that it has received final analytical results for 27 diamond drillholes from its ongoing drilling campaign on the Banhos gold deposit, located within the Company’s 100% owned 47Km2 Boa Fé Experimental Mining License (EML) in southern Portugal. Colt’s 100% owned (728Km2) Montemor Gold exploration concession completely surrounds the Boa Fé EML.
Petaquilla Minerals Ltd. (“Petaquilla” or the “Company”) (TSX:PTQ) (OTCBB:PTQMF) (FRANKFURT:P7Z) responds to the news release made yesterday by Inmet Mining Corporation (“Inmet”) about the rights of Inmet’s subsidiary, Minera Panama, S.A. (“MPSA”), in relation to the Cobre Panama copper project. Inmet’s release is yet another example of attempts to confuse the shareholders of Petaquilla about Petaquilla’s clear rights to the Rio San Juan and La Esperanza concessions on which Inmet finally acknowledges it plans to build a significant portion of its tailings facility for the Cobre Panama Project. Inmet makes no mention of the decision of the National Authority of Land
Colt Resources Inc. (“Colt” or the “Company”) (GTP.V) (P01.F) (COLTF) is pleased to announce an updated resource estimate for its 100% owned Tabuaço (São Pedro das Águias) tungsten project, located in the Company’s wholly owned Armamar‐Meda concession in northern Portugal. Drilling has increased both the level of confidence and the size of the resource as is reflected by the inclusion of additional material from the recently announced Aveleira zone discovery. The estimated contained WO3 in the Indicated Mineral Resource category has almost doubled to 815,000 MTU’s.
Colt Resources Inc. (“Colt” or the “Company”) (GTP.V) (P01.F) (COLTF) is pleased to announce that it has received final analytical results for five holes from its ongoing drilling campaign at its Tabuaço tungsten project (São Pedro das Aguias) and two holes from its ongoing drilling campaign at its recently discovered Aveleira tungsten deposit, located in the same concession and approximately 700m north-west of the delineated resource at Tabuaço. Tabuaço and Aveleira are located in the Company’s wholly owned Armamar-Meda concession in northern Portugal.