TCRs, please see Dollar Section at close. USD is (finally?) reaching down to the 100 DXY Level. We have not seen that 100-basket low since April 2022. Also: outside coverage about TWO MINERS I track and own. BOTH of these profiles are from The Northern Miner. This Nevada gold piece is from Henry Lazenby, a …
VAL-D’OR MINING VZZ VDOMF | XTRA-GOLD RESOURCES XTG XTGRF | GOLD TERRA RESOURCE YGT YGTFF This adds a comment from Gold Terra Resource’s Gerald Panneton. His was one of many from CEOs, geos and executives about their explorers’ (and producers’) miserable gold-in-the-ground valuations.*Note: I will be in Tonopah, Nevada viewing West Vault Mining’s WVM WVMDF …
Osino Resources’ View On A Namibia Minister’s Disruptive Comments Plus: ‘Ignored’ Developments: Val-d’Or Mining; HighGold Mining; Others We were discussing ‘country risk’ here among miners in practically every nation on the mining planet. [See: Country Risk Overblown — Sometimes] Then, Namibia comes along and sees a regulator shoot from the hip this week. The mining and …
Where Are Those (PubCo) Donkeys In The Middle? At the two econ-wellness workshops I staged these past two weeks — Decoding Money — the range of questions was as wide as the lead the Miami Heat built in their NBA semi-final match vs. the Boston Celtics last evening. Real estate, credit unions, “wash” sales, selling …
Banyan Gold | Contango Ore | I-80 Gold | C-3 Metals Look at that USD go. See: DXY currency basket. “So it goes” (Kurt Vonnenegut). Please see relevant non-The Calandra Report/TCR commentary below — no, not the Slaughterhouse Five author. Instead, Fred Hickey, a 34-year newsletter writer, talking gold futures (or lack of?). *Below. Most …
Platinum Group Metals | Ivanhoe Mines | Xtra-Gold Resources | C3 Metals | BeMetals | Alamos Gold | EMX Royalty Country risk — think Africa, Peru, Chile, Argentina, South Africa; I could go on — is part and parcel of the vocabulary of mining. Dictators, guerrillas, hothead chieftains, bankrupt currency reserves, IMF loan rescues, they …
Friday: copper’s price, and with it copper miners and explorers’ shares, rebounded somewhat FRIDAY. Or shall we say, stabilized? See: copper futures contract. The Calandra Report / By Thom Calandra I am (or was) seeing our net worth here at home go on a diet this week. What with our largest nat-resources holding, Ivanhoe Mines (copper in …
Friday Update: Orford Mining | Copper | Ivanhoe Mines Read More »
PRODUCERS, even the emerging and mid-tier ones tracked at The Calandra Report/TCR, are starting to realize approx. $1,900 and greater gold prices in their sales. Gold sales are still below $2,000 an ounce yet demonstrate for small miners that there is demand for their concentrates, doré, bullion at near-market prices — without CFOs at these companies playing the derivatives hedging …
TCR Memo To IMV Execs, Directors, Staff From: Thom Calandra Date: Sat, May 6, 2023 at 1:22 PM Subject: fyi … IMV losses To: Andrew Hall <ahall@imv-inc.com>, Michael Bailey <mbailey@lgchem.com>, hr@imv-inc.com Bcc: IMV is in the BIG FAIL landscape of court protection. Still, as I understand from those in biomedical, financial and legal circles, ones whom I trust, all …
Plus: GALIANO GOLD | ATAC RESOURCES | IVANHOE MINES “WHAT WOULD happen if Warren and Charlie said on Saturday that they think precious metals are a good investment?” That’s Al Marden, a pragmatic chartist in Las Vegas who has guided me through the technical downs and ups of precious metals these past 12 years. …