Category Archives: Top News

Niocorp’s Nebraska Niobium Deposit Could Generate Cash Flow For Over Three Decades

Niocorp (NB.TO or NIOBF) has had an impressive year finishing a major three phase drilling program demonstrating to the investment community that Elk Creek is a world class high grade and large niobium resource. Niocorp recently announced some economics in the Preliminary Economic Assessment (PEA). The 311 page report can be read by clicking here. Despite a four month correction all the way below the 200 day moving average, the stock may bounce higher as momentum is improving. The MACD is rising and the stock has broken above the critical 50 mark on the RSI. What might intelligent investors be reconsidering in this PEA to start once again buying Niocorp?
Read more

Newly Merged Uranium Producer Could Become Biggest in United States

It is exciting to see one of our long term shareholdings being acquired for a nice premium in the beaten down uranium sector which has been a feeding ground for the shorts. For years I have held Uranerz Energy (URZ) a low cost uranium producer in Wyoming.Uranerz shareholders should now see Energy Fuels shares in their account. They recently closed their transaction with Energy Fuels (UUUU) who will now have the largest NI 43-101 compliant in ground resource in the US among current producers.
Read more

Summertime Heating Up Junior Gold Mining Sector

For weeks I have been writing to my premium subscribers about the seasonality of junior miners and gold to bottom in the summer months while many investors are away on vacation. Investors usually sell equities in May and rotate into precious metals and junior miners who are active drilling and developing top quality projects in stable jurisdictions. Even more so this summer there are increasing signs of the beginning of a major rotation from the overbought stock market into the beaten down natural resource sector. How do I sense this? Some of our featured junior gold miners have already been in an uptrend for 2015 and continue to raise impressive amounts of money to fund development and exploration. The general equity markets look quite toppy as the Dow Transports which are a leading indicator is already in a downtrend. Meanwhile, gold and the junior gold miners appear to be bottoming and on the verge of a bullish reversal. Looking at the GLD it is quite nice to see a bounce above the 50 day moving average. I look forward to a breakout into new four month highs through $117.50. Similarly with the GDXJ which has been in an uptrend for four months may breakthrough into new four month highs shortly at $27.
Read more

Junior Gold Miner in Nevada Bounces Higher Off 200 DMA on High Volume

Despite this four year historic bear market in gold and junior mining equities, Pershing Gold (PGLC) raised $11.5 million. They are backed by some deep pocketed shareholders. Over 21 million shares of insider buying has occurred over the past six months. Recently on April 10th, 2015 one of the directors acquired over 7.69 million shares. Pershing Gold (PGLC) is bouncing off the 200 Day Moving Average on high volume indicating that this is an area of support rather than resistance as it acted in the past.
Read more

Why Is This Junior Gold Developer in Quebec Outperforming GDXJ By Such a Wide Margin in 2015?

Over the past four years we have seen a huge rise in the general equity markets while most of the junior gold miners have been forgotten. These bear markets in natural resources when financing dries up and mines are closed fuels the next bull market as the supply dries up. The larger and more severe the decline, the greater the subsequent rise. Exploration budgets for metals and energy have been cut drastically over the past few years. Where will the new mines come from once demand picks up?
Read more

Two Junior Miners in Alaska Highlighted on US Senate Floor For Their Strategic Importance

I highlighted several weeks ago the rising concern by the US public about our mineral dependance on foreign entities. Important national news has just crossed our wires this morning as two of our featured Alaskan junior miners were mentioned in testimony on May 12th in front of the US Senate Energy and Natural Resources Committee as being two critical domestic mining projects for our most strategic metals and minerals.
Read more

Major Bullish Breakout in Precious Metals and Copper, Two Junior Miners Lead OTCQX in 2014

Mining is not dead and still leads to the best outsized gains if you do your homework as evidenced by two of our top recommendations in 2014. Two of my featured Junior Mining Stocks lead the entire OTCQX in 2014, a global marketplace with over 10k public companies in all sectors. This is amazing as it occurred during the worst bear market in mining history and the huge bubble in biotech, housing and financials. Despite this macro trend against wealth in the earth assets two of our featured companies rose to the top of the entire marketplace. #1 Western Lithium, #2 Niocorp. Western Lithium had a 2,566% increase in daily traded volume in 2014 while Niocorp gained 394% on the year.
Read more

Watch These 3 Nevada Junior Miners Breaking Out on High Volume

It appears to be that some strategic investors waited for the jobs report before making some important buys. I am witnessing several high volume moves on featured GST companies which I own and are current or past sponsors. It is important to follow the volume in the junior mining sector as that could signal a potential trend change or breakout. Three stocks are breaking out of consolidations on excellent accumulation.
Read more

Canadian Government Supports Chinese Partnership on Rare Earth Processing in Ontario

The rare earth sector is reawakening as China looks to develop a foreign rare earth supply. The Chinese markets are soaring and so is demand for magnet rare earth materials which is jumping in price. China may be going from a slowdown in their economy to a speed up. China's stock markets are soaring under the new government. Rare earths are a critical part of the Chinese economy and now they are taking a major step in looking to advance rare earth supplies outside of China especially in North America. The Chinese have seen the exponential increase in demand of these magnet materials especially in clean energy and want to benefit over the next generation by expanding their rare earth processing capabilities worldwide. For many years I alerted my readers to the possibility that even the Chinese may look to invest in rare earths outside of China.
Read more

Bought Deal Financings, M&A and Insider Buying Forecasting Mining Bottom

Continue to watch the Athabasca Basin and this world class management team who has continued to reward loyal long term shareholders with premium buyouts. The management team just closed a $20+ million CAD bought deal financing showing that interest is still alive for uranium exploration. Additionally, another mining stock may be on the verge of a breakout at $.30 as they recently announced an update on the Feasibility Study and exploration program. It should be an exciting year as around $4 million is dedicated just to exploration. This is a lot for a small junior with a miniscule market cap under $15 million. Its been in a four year downtrend but that may be ending. Finally, this Nevada gold developer raised $11.5 million despite the depressed junior gold market. They are backed by some deep pocketed shareholders. Over 21 million shares of insider buying has occurred over the past six months. Recently on April 10th, 2015 one of the directors acquired over 7.69 million shares.
Read more