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An interview with Argonaut Gold President & CEO, Pete Dougherty

The MarketVane survey shows bullish consensus on Gold, the lowest since 2001. Despite the pervasive bearish sentiment Gold has failed to break its consolidation lows.

Follow the link below to view the update which contains a small premium sample…

First Majestic earns $88.9M in 2012 and cash flows $146.8M….

Huldra also provides an update on the status of the Merritt Mill and Treasure Mountain Mine…

We know sentiment is bearish, but let’s view some indicators to see just how bearish it is…

As the gold mining sector plunges to the end of a cyclical bear market, one wonders if this ongoing selling climax will precipitate a catalyst for more mergers and acquisitions in the industry. The last 12 years tells us that these transactions tend to follow the market itself but with a lag. Peaks in M&A … Continue reading

89,000 Meter Magino Exploration Drill Program Completed, New Zone Revealed….

Thanks to Tiho Brkan for these updated charts…. Large specs long Gold position is at a 4.5 year low. Large specs silver longs have more room to decrease.

Hedge funds are the most short Gold since 2006, according to Dan Norcini.  Alasdair Macleod of GoldMoney has also written about this. His article can be seen here.  Quoting the first part of it: This week considerable instability developed in currency markets. The yield on US Treasuries has been rising, signalling that they may have … Continue reading