Category Archives: Top News

Uranium Price Makes Fourth Quarter Comeback Surprise

Uranium Price Makes Fourth Quarter Comeback Surprise
Similar to Peyton Manning and Joe Montana, uranium is making a great fourth quarter comeback after many fans have already left the stadium. As predicted, Uranium Participation is outperforming the S&P500 in November up over 13% while the S&P500 makes a 2.5% move. Watch these three junior uranium mining stocks as we end 2013. Some are already making major breakouts. We may be watching a great fourth quarter comeback in some of these high quality junior mining shares.
Read more

Emerging Gold Producer In Nevada Outperforming Barrick and Newmont Mining For Over Two Years

Emerging Gold Producer In Nevada Outperforming Barrick and Newmont Mining For Over Two Years
If it was not for Barrick's and Newmont's Nevada mines they would probably be bankrupt by now. The infrastructure, stability and experienced local labor force in Nevada makes it just too appealing for investors than other places in the World like South America and West Africa where there are too many geopolitical risks. There is no doubt we have been in one of the toughest mining bear markets in modern history. Any one can pick stocks in a rising bull market. It is the analysts and fund managers who can predict the winners that are outperforming in a bear market and the coming turnaround that should be followed. For a long time, I told you to watch this junior gold miners as it was coming into production and could gain market share from the big gold mining giants such as Barrick and Newmont who made stupid moves with high cost projects in risky jurisdictions. This stock has significantly outperformed over the past two years for the following reasons.
Read more

This Junior Gold Miner Is Under Buying Accumulation Over Second Half

This Junior Gold Miner Is Under Buying Accumulation Over Second Half
Some high quality, junior gold miners are already turning higher as investors believe there should be increasing merger and acquisition activity in 2014. The majors have written down billions of uneconomic gold and silver mines. They have cashed up and are actively looking for the low cost, high grade and economic assets in stable jurisdictions. Investors should prepare by buying some attractive takeout targets with new discoveries that can be put into production with less capital expenditures. Despite the bearish sentiment on the junior gold miners some of our featured companies have been under major accumulation. They may be the next targets.
Read more

Dollar Breaking New Lows While These Junior Miners Are Breaking Out

Dollar Breaking New Lows While These Junior Miners Are Breaking Out
The high volume breakout in the uranium sector may have occurred this past Friday when the uranium mining ETF soared over 6% on more than five times average volume.Keep a close eye on the junior uranium miners which could see incredible growth over the long term. We may be witnessing a short term uranium glut from the shutdown reactors in Germany and Japan, but over the longer term we will enter a supply deficit as there are more reactors being built now than from before the Japanese Nuclear Accident in March of 2011. As 2013 ends, so does the Russian uranium supply agreement which provided around 25 million pounds of yellowcake to the U.S. annually. In addition to uranium, don't forget gold. It is important to remember that some junior gold miners are so undervalued with minuscule market caps that are only fractions of what they spent on advancing the project. This junior gold miner with a resource of over 20 million ounces of gold sports a market cap of less than $50 million and has invested over $250 million advancing this project through feasibility.
Read more

Ringing The Opening Bell At The NYSE and Giving Thanks To The Al-Mighty

Ringing The Opening Bell At The NYSE and Giving Thanks To The Al-Mighty
There was a rare and striking sight as Comstock Mining Inc. (NYSE: LODE) executives rang the day's opening bell at the New York Stock Exchange on August 13, 2013. The bell ringing was seen by over a 100 million people. Then, most striking of all, the group took off, not for a round of self-congratulatory drinks or business meetings but for a business meeting of a much higher order: a trip to Queens to visit the Ohel gravesite of the Lubavitcher Rebbe.
Read more

Uranium Miners Are The Hottest Spot In The Resource Sector

Uranium Miners Are The Hottest Spot In The Resource Sector
For over two years now the uranium price and the uranium miners have been in a correction as the market factored in an oversupply of uranium from Japan and Germany moving away from nuclear power following the Fukushima Disaster. Long term investors realize this may provide a discounted buying opportunity as Japan and Germany now face the consequences of those knee-jerk political moves, slowing economies and rising electricity costs. The anti-nuclear Party in Japan has been relegated to a powerless minority. Could Germany make a similar move to oust Merkel this September as electricity costs and air pollution skyrocket from burning oil and dirty coal? Japan is about to turn on twelve nuclear reactors that have been idling since Fukushima. Don’t be surprised to see Germany do something similar this fall. Uranium is trading at seven year lows. Recall what Joseph told Pharoah thousands of years ago, that there would be seven fat years followed by seven lean years.
Read more

Nevada’s Cortez Trend: Where Gold Mining Is Still Highly Profitable

Nevada’s Cortez Trend: Where Gold Mining Is Still Highly Profitable
Production and cash cost numbers from the mines of the Cortez trend are extraordinary. The carlin-type gold systems in the Cortez Trend are very large, relatively high grade (2-4+ grams), near surface; therefore open pit-able,oxidation is fairly deep, so processing of the ore is relatively inexpensive.  Plus the fact that Nevada generally is a great place to mine, great infrastructure; paved roads, electricity,trained work force; truck drivers to engineers to geologists,tax rates are good,  permitting, although rigorous, is straight forward.  Nevada is a great place to operate a mine profitably even at these lower gold prices.
Read more

Platinum and Palladium Outperforming Gold, Silver and Copper

Platinum and Palladium Outperforming Gold, Silver and Copper
The geopolitical instability from South Africa may have a significant impact on the supply demand equation for Platinum Group Metals. These metals are crucial to reduce noxious emissions from vehicles as they are used in catalytic converter to lower tailpipe emissions. No suitable economic replacements for PGM’s have been found. Vehicle sales are increasing worldwide especially from emerging economies. Emission standards are being implemented in emerging economies. Demand for PGM’s is skyrocketing as we are seeing a rebound in the North American, Japanese and Chinese automobile sector. Supply is extremely tight from South Africa. Major strategic consumers could be actively searching for safe and secure supplies of platinum and palladium. Palladium is the only metal that is higher over the past year. Palladium is up over 14% over the past year while platinum, copper, gold then silver are still in negative territory. Palladium and platinum are showing great relative strength in this precious metals correction.
Read more

Looking For Cash Flow? Check Out This New Nevada Gold Producer

Looking For Cash Flow? Check Out This New Nevada Gold Producer
One common criteria that value investors are looking for is cash flow and which companies have the ability to increase earnings. Keep a close eye on emerging gold and silver producers in mining friendly jurisdictions looking to increase production, resource growth and of course cash flow. Over the past few months I alerted you that there are emerging producers in mining friendly jurisdictions that may be a better bet than some of the large majors who have made some very risky moves in high cost projects in questionable places. I originally highlighted one junior miner in a piece entitled "Why Cash Flow Is Crucial To Gold and Silver Mining Investors", before the company began production. In that article I wrote,"I believe the recent acquisition of shares by Gabelli and U.S. Global Investors may just be the beginning of major institutions becoming aware of this emerging Nevada producer." Now three quarters later the institutions have increased their holdings from 5 million to 14 million shares in search of value and cash flow. In addition to Gabelli and U.S. Global, Century Management a value investing fund from Texas with over 2 billion under assets bought around 4 million shares in the last quarter.
Read more