This is the 13th year of The Calandra Report. For a few decades prior to that, I was reporting on markets for various venues. As discussed here this year, The Calandra Report will be halted. (The Calandra Report has been a free service since this past summer of 2025.) In part, my stepping back is because of ongoing health and mobility challenges stemming from my shattered […]
The Calandra Report: Transitioning Read More »
This is a private archived report from thomcalandra.com and The Calandra Report. Please e-mail Thom at thom.calandra@gmail.com for more information. Thank you.
Taking Profits From Mining Stocks Read More »
Metals equities continue to hold most of their gains heading into the 2025 fourth quarter. Many have added 30% and more to their market caps from September and August lows. Some far more. The broad GDXJ Van Eck Junior Gold Miners ETF, as a gauge of the overall rally, is up approximately 40% from its August lows. Its large miner
A uranium price gain toward $85 a pound from as low as $79 is furthering gains in nuclear shares across the board. The World Nuclear Association believes demand for uranium will double by 2040 as companies seek fresh energy sources to support technology-driven developments such as AI …”and governments pursue zero-carbon targets.” The Global X Uranium ETF (URA) has
The World Gold Council is proposing digital gold tokens for investors. See White Paper The proposal would create Pooled Gold Interests that allow investors to own a share of physical gold stored in vaults. Essentially: tokens with gold values. The mechanism would permit ownership of fractional amounts of gold. The digital gold proposal out of London comes with gold prices
Pooling Gold In London Read More »
Shares of EMX Royalty are rising to their highest level in 14 years. This is the three-year chart: As reported earlier this week: EMX Royalty EMX is raising its guidance amid a flood of cash flow. In the reported second quarter, EMX rang up $8.2 million in adjusted royalty revenue. Operating cash flow rose 570% to $9 million. The flow
Royalty Co At 14-Year High Read More »
THE CALANDRA REPORT This is called lining up your future ducks. Orecap Investment Corp. OCI, a company with a portfolio of miner stakes in pub-cos such as Awale Resources, American Eagle Gold and XXIX Metal Corp., is creating three subsidiaries for future special situations in mining. See release. “The goal here is to create a series of subsidiaries that will ultimately become
Mining Co’s Proposed Property Units Read More »
As small mining-cos this summer and hopefully into autumn benefit from rising metals prices, I offer a few thoughts about closeology. Textbook definition: “Closeology” benefits companies that are near discoveries, or smelters, working mills and excellent roads. Theoretically, nearness to known resources increases the likelihood of finding more resources. (This holds for energy as well — case in point,
Herculean Proximity Read More »
TCRs, the other day, our The Calandra Report talked about The Big Easy for metals and metals equities. That is, consistently good times for mining-cos this spring and summer — finally. The New Orleans show, heavy on metals and energy, will start on the first Sunday of November. This link gets attendees a discount. I hope some
New Orleans Nov. 2-5 2025 — METALS, ENERGY Read More »
TCRs, HODL Gold = HOLD ON FOR DEAR LIFE Silver this Friday June 11 2025 is outpacing gold by a solid percentage margin (up approx. 4% vs. 1% for gold) and trades at $39.13 in futures contracts. Please note, I add a small amount of Contango Ore CTGO to the ownership list below. The Alaska gold
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