Sunday-Monday Updating: Metals futures were advancing fiercely in Asia. See prices of copper, gold, silver, platinum. The metals cooled their jets at North America open. [Canada: holiday Victoria Day/Journee Des Patriotes]
- A worthy copper view from the Qatar economic conference. “It takes about 10 to 20 years to build a copper mine.” See: Ivanhoe Mines Executive Tags Takeovers, I-Pulse IPO.
- Nevada’s Ridgeline Minerals RDG is a hidden silver explorer catching attention. We reached CEO Chad Peters. (Below.*)
Ridgeline (below*) hopes for the same success that a select crop of Nevada gold-silver-poly-metallic explorers have enjoyed in the stock market, and in raising cash. Until now, that success has not come.
EMX Royalty, Metalla Royalty & Streaming MTA, Vox Royalty VOXR, Elemental-Altus Royalties ELE ELEMF are the royalty companies we track. [I do not own Vox.] The rare holiday gains came for dozens of small, or junior miners: Summa Silver, Blackrock Silver, F3 Uranium, GoviEx Uranium, Canalaska Uranium, Dolly Varden Silver, Victoria Gold, and so on.
Among the small explorers here at The Calandra Report, Mexico producer Avino Silver & Gold ASM’s shares are back above $1 and are capable of 7% and greater percentage gains on table-pounding days. Nevada explorer Blackrock Silver BRC also has shares that look to be capable of large percentage gains in coming days. [I do not own any of these.]
Ridgeline Minerals At Selena*
“It’s definitely been a happy surprise seeing the volume increase on the stock the past week. I know of multiple investors who were interested in opening a starter position in RDG but they were waiting until we closed a financing. It looks like the oversubscribed placement ($2.2 million CAD two weeks ago) combined with a bit of lucky timing with commodities taking off again is working in our favor,” Chad said.
Ridgeline’s Selena property, where I was with Matt Geiger in Nevada 18 months ago, is getting attention for its silver (and its zinc and lead and gold, maybe tungsten). Matt and I, and a couple of high-net-worth investors, ‘hand-drilled’ targets and got instant readings on polymetallic grades. (See photo please.)
Chad, a Thunder Bay, Ontario, geologist, started the Nevada explorer 6 years ago. He his family moved to Nevada (Winnemucca, then Reno) four or so years ago.
He and his team, with geo Mike Harp, are patient. Take a look, for one, at Ridgeline’s Selena Chinchilla Zone sulfides press release: January 2023.
Then in March 2024 (this year), this statement about magnetic anomalies and gravity readings of a high-grade, so-called carbonate replacement deposit porphyry and skarn: see release please.
“Hootie is no longer just a big wad of banana yellow down but is flagging out his/ her flight feathers,” Scott says.
The deep-hooting Great Horned Owl is the owl of storybooks. It takes down birds and mammals larger than itself and also consumes scorpions, mice and frogs. It’s one of the most common owls in North America.– Cornell Labs
— Thom Calandra [I own Elemental-Altus Royalties and Metalla. And EMX. My preferred copper comes from Ivanhoe Mines IVN IVPAF on the producer side and Ivanhoe Electric IE on the explorer side. The only sole silver explorer whose shares I own is Summa Silver SSVR, active in Nevada and New Mexico.]
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