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Monthly Charts Clarify Prognosis for Gold & Silver

We’ve been surprised at the recent action in the precious metals complex. During the recent correction the shares were showing quite a bit more strength than the metals. Then the shares took a dive below support yet the metals maintained their recent lows! How do we interpret this wild volatility in the relationship between the … Continue reading

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Canaacord has $15.50 target for Argonaut Gold

On November 15, Canaccord maintained the price target of Argonaut Gold (T.AR) at $15.50 (currently $10.08), citing “superior low-cost production growth profile, a proven management team…expected strong operational momentum over the next 12 months [and] the potentially accretive acquisition of Prodigy Gold (V.PDG)” and maintained SilverCrest Mines (V.SVL) at $5 (currently $2.54), citing “higher-than-expected gold … Continue reading

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Gold’s Relative Strength and What it Means

Longtime readers of our editorials know that we are big fans of intermarket analysis as well as ardent believers in the real price of gold (real POG) or relative Gold. No this has nothing to do with the paper market versus the physical market. The real POG is essentially the POG relative to other assets … Continue reading

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Third Quarter Financial Results to be Released on November 14th

FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) is pleased to announce that its unaudited 2012 third quarter financial results will be released on Wednesday, November 14, 2012, prior to market open. First Majestic is a producing silver company focused on silver production in México and is aggressively pursuing its … Continue reading

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Huldra Awaiting Ministry OK to Start Milling 24/7

HULDRA SILVER IS PLEASED TO PROVIDE AN UPDATE ON MILL COMMISSIONING AND MINE STATUS Huldra Silver Inc. has provided an update on the commissioning of its 200-tonne-per-day silver, lead and zinc crushing, grinding and flotation mill in Merritt, B.C. The company also wishes to provide an update on the current progress at the Treasure Mountain … Continue reading

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