Huldra Silver Announces Entry into Lead Silver Ore Purchase Agreement
Founder and CEO of First Majestic Silver, Keith Neumeyer discusses the company’s pending acquisition and provides an update on the company’s operations at La Parilla and Del Toro.
While the precious metals sector has consolidated and struggled to find a bottom, an important development has taken place. First, lets harken back to 2007-2008. Large cap mining stocks peaked in March 2008, yet the speculative sides of the sector “gave out” far earlier. The juniors and silver stocks actually peaked in April 2007. That … Continue reading “Large Cap Miners Underperforming the Juniors and Silver Stocks”
Marc Faber joined us and discussed his view of gold stocks, exploration companies, the price of Gold, when QE 3 will start and more.
Gold and Silver have been correcting multi-year advances. In this article we illustrate what ultimately develops as these corrections progress into consolidations. Namely, volatility declines, general interest in the market evaporates and this produces sentiment that is conducive for an important bottom. Because these are long-lasting, sustained corrections, the bottoms take time to develop. There … Continue reading “Gold and Silver Enter Period of Low Volatility and Disinterest”
The total equivalent silver production for the quarter consisted of 1,826,803 ounces of silver….
The net proceeds from the Offering are intended to be used to fund ongoing work programs on the North Bullfrog Project in Nevada and for general working capital…..
La Colorada Initiates Production, Loads 3,085 gold ozs….
In the face of a correction or poor price action, we’ll often hear analysts proclaim the bullish fundamentals of precious metals. While this is true on a structural and secular basis, it doesn’t mean the market always advances every year or two. We’ve written about the wall of worry phase and how progress in the … Continue reading “Are Gold Stock Fundamentals Still Bullish?”
It was only a week ago we felt the gold stocks had a great chance of putting in a bottom. Monday supported our thesis but after Tuesday’s action and Bernanke’s jawboning it was apparent that the gold shares were in for a very difficult period. We immediately went long DUST to hedge long positions and … Continue reading “Failed Bottom in Gold Stocks Initiates Start of Capitulation”