Friday, June 15, 2018


Interesting videos:

Dow Jones vs Silver Price, Oil &etc.
Top blogs award

Silver production; costing more to produce less:

Gold in 2018?

The experts opine on 2018 commodity prices:

A sane foreign policy with Ron Paul:

Interesting Putin Silver Coin presentation:

week ending June 15/2018
gold 1282; silver 16.57;
oil 64.38; nat gas 3.03.

week ending June 8/2018
gold 1303; silver 16.82;
oil 65.56; nat gas 2.90.

week ending June 1/2018
gold 1298; silver 16.42;
oil 65.71; nat gas 2.98.

week ending May 25th/2018
gold 1297; silver 16.50;
oil 67.28; nat gas 2.96.

week ending May 18/2018
gold 1292; silver 16.46;
oil 71.35; nat gas 2.84.

week ending May 11, 2018
gold 1320; silver 16.73;
oil 70.45; nat gas 2.81.

week ending May 4, 2018;
gold 1316; 16.56;
oil 69.80; nat gas 2.71.

week ending April 27th/2018;
gold 1324; silver 16.37;
oil 68.00; nat gas 2.77.

week ending April 20th/2018
gold 1337; silver 17.12;
oil 68.00; nat gas 2.75.

silver sales up or down in 2016? see videos:

Protecting your wealth in Crisis with Ron Paul:

Interesting article on POG >>>

Great Thunder Gold Corp. V.GTG

Alternate Symbol(s):  MLBVF

"Great Thunder Gold Corp explores and develops mineral properties. The Company owns interests in exploration and evaluation assets in the Province of British Columbia and Canada."
I think this is an opportunity for folks. This company is well positioned with regard to gold and lithium properties! I would say it should be a strong buy at 5c where it is now trading!

Rye Patch Gold Corp. V.RPM

Alternate Symbol(s):  RPMGF


"Rye Patch Gold Corp is an exploration/producing company engaged in exploration & development of mineral properties. Its projects include the Lincoln Hill gold / silver property & the adjacent Independence Hill & Gold Ridge exploration targets in Nevada."

Upside in this one with increasing gold prices!


Wesdome Gold Mines Ltd. T.WDO

Alternate Symbol(s):  WDOFF 

Wesdome is a gold producer engaged in mining related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group are primarily functioned through Canada and it derives revenue from the sale of gold and silver bullion."

My recent pick for a spike up with the price of gold. All operations are in Canada.
Currently trading at an undervalued $2.20 per share.

"Wesdome Gold Mines, a small-cap position, was added after this Ontario-based company’s share price fell back to a significant discount to our FMV estimate of $3.70. The company has a 30-year production history but is just now emerging as a more significant producer. Good growth is expected as it moves from 50,000 oz. of production annually to 80,000 oz. over the next 3 years. The company is in a net cash position, has the highest grades in the Western Hemisphere, next to Kirkland’s Macassa mine, and potential from its fully permitted Moss Lake and Kiena regions, where drilling results have been strong. Ongoing drilling on Wesdome’s previously underexplored properties should markedly expand the company’s resources and reserves. The company is headed by St Andrew Goldfield’s former CEO who has brought aboard other strong former coworkers."  --from SH blogs

Recent results are very nice; boding well for future production:

Globe says Topping hikes Wesdome Gold to "outperform"

2018-06-13 08:30 ET - In the News

The Globe and Mail reports in its Wednesday, June 13, edition that Industrial Alliance Securities analyst George Topping believes Wesdome Gold Mines ($2.53) is staging a valuation comeback. The Globe's David Leeder writes in the Eye On Equities column that Mr. Topping, in reaction to recent insider buying and Wesdome Gold's "uneventful" June 11 annual meeting, upgraded his rating to "strong buy" from "buy." He continues to target the shares at $5. Analysts on average target the shares at $4.13. Mr. Topping says in a note: "The Eagle River mine continues to report high-grade exploration results and is generating sufficient cash flow to fund corporate and exploration expenses. As management is successfully adding a new high-grade resource to the Kiena mine and mill, the share price will become increasingly attractive to the market and, in particular, the industry. With two large gold deposits that could be developed at higher gold prices, Wesdome's value is very sensitive to gold prices. The Eagle River mine should be able to generate sufficient cash flow to cover costs." Mr. Topping sees inflation and negative real interest rates driving gold prices higher.

Taseko Mines Limited incorporated:

Taseko is a mining company focused on the operation and development of mines in North America

"Headquartered in Vancouver, Canada, Taseko is the owner (75%) and operator of the Gibraltar Mine, the second largest open pit copper-molybdenum mine in Canada. Taseko’s Aley Niobium Project, Florence Copper Project, and New Prosperity Gold-Copper Project are all advanced staged projects which provide the company with a diverse commodity pipeline."
Taseko, with a large resource in copper and gold, is in my opinion a good long term hold.

Fortune Minerals Limited T.FT

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals 
Alternate Symbol(s):  FTMDF

Time to get in while the price is low...
"Fortune Minerals Ltd is incorporated on August 8, 1998. The Company is a natural resource Company. It is engaged in several mineral deposits and exploration projects in Canada. The Company has two stage development assets namely the Arctos Anthracite Project in northwest British Columbia; and the NICO Project and Sue-Dianne Project."


Sector: Metals & Mining | Sub-Sector: Gold 
Alternate Symbol(s):  SGSVF

With the trend moving up in PM's this company can break out and run..."Sabina Gold & Silver Corp is a junior exploration company. The Company is engaged in acquisition, exploration and development of mineral resource properties in Canada. Its projects include Hackett River Project, Back River Property and Wishbone ProjectFrom John Kaiser, Kaiser Research Online
Sabina Gold & Silver Corp. (TSX: T.SBBStock Forum)  is updating the feasibility study on its Back River project, which boasts a 7 million ounce+ gold resource, 5 million of that Measured and Indicated, at grades of 5 g/t or more. 
Sixty percent of the resource is open pittable. It is one of only a handful of projects controlled by a junior capable of producing 200,000-300,000 ounces per year over a long mine life in a safe political jurisdiction. Sabina controls an entire mineral belt and there are numerous prospects and targets that remain to be tested.
With over $27 million in cash and a feasibility study in hand, Sabina has huge leverage to positive changes in gold prices or market sentiment. Management will discuss some of the important changes in their new feasibility study and the company’s plans going forward.

check out the video:


"Canadian Spirit Resources Inc., (“CSRI”) is a Canadian public company focused on the exploration and production of natural gas in the Montney Formation of Northeast British Columbia. 
The Company's significant land base and established resource at Farrell Creek are strategically located along the pipeline infrastructure that will deliver natural gas to the proposed LNG facilities on the West Coast of British Columbia."

They have a massive natural gas resource in the trillions of cubic meters,
and in my opinion are a good long term hold.    SYMBOL(TSX-V):SPI

Monday, October 26, 2015


Vantex Resources closes $500,000 private placement (VAX)

2017-03-31 17:20 ET - News Release
Mr. Quinn Field-Dyte reports
Vantex Resources Ltd. has closed its previously announced non-brokered private placement on a postconsolidated basis for up to 6,666,666 common shares at a price of 7.5 cents per share to raise total proceeds of $500,000.
Shares issued pursuant to this private placement are subject to a four-month hold period in accordance with applicable securities laws and, if required the policies of the exchange.
The proceeds of this private placement are for the company's general working capital.

Rob McEwen is invested in this Cdn property: 

 "Vantex has completed an MMI soil geochemistry survey over the Morriss and Hurd showings on the Galloway property. A strong bull's eye gold anomaly was detected over the Morriss showing, and another one was detected about 600 metres to the north. Since the MMI geochemistry survey method seems to unveil buried gold deposits on the property, the company has decided to extend the survey on the project."

Vantex appoints Laverdiere CEO, Morissette resigns

2015-10-26 16:05 ET - News Release Mr. Gilles Laverdiere reports

Vantex Resources Ltd. has made corporate changes. Gilles Laverdiere was appointed as new chief executive officer of Vantex following the resignation of Guy Morissette.
Mr. Laverdiere has been a consulting geologist to exploration mining companies since 2013. From 2011 to 2013, he was senior consulting geologist for Merrex Gold Inc., where he was in charge in developing a gold project in Mali within a joint venture with Iamgold Inc. From 2006 to 2010, he was a consulting geologist in charge of planning and supervising drilling projects in northwestern Quebec and writing NI 43-101 geological reports. From 1998 to 2006, he was CEO of HMZ Metals Inc., where he acquired mining assets in China and listed the company through an initial public offering on the Toronto Stock Exchange. From 1985 to 1997, he has been part of senior management and on the board of many public mining companies, where he evaluated mining prospects, and negotiated and structured financing for various mining companies in Canada, the Philippines, Brazil and Nevada. From 1978 to 1984, he was a geologist with a focus on gold exploration in northwestern Quebec.
Wayne Carlon as vice-president of business development (Oct. 20) and Denis Tremblay as chief financial officer and corporate secretary (effective Oct. 31) also submitted their resignations. The board of directors of Vantex wants to thank them and Mr. Morissette for many years of loyal services and wishes them the best in their future endeavours.
Exploration update
Vantex has completed an MMI soil geochemistry survey over the Morriss and Hurd showings on the Galloway property. A strong bull's eye gold anomaly was detected over the Morriss showing, and another one was detected about 600 metres to the north. Since the MMI geochemistry survey method seems to unveil buried gold deposits on the property, the company has decided to extend the survey on the project. On the Hurd showing, two generally north-south-striking gold anomalies were outlined. One of them is related to the gold intersection in hole VDH-12-59, which intersected 2.68 grams per tonne gold over 9.0 metres. The other gold anomaly remains to be tested by drilling.
Mr. Laverdiere, PGeo, is the qualified person as defined under NI 43-101, who has reviewed and is responsible for the technical information presented in this news release.

© 2015 Canjex Publishing Ltd. All rights reserved.

Monday, February 16, 2015

Petromin Resources Ltd. [PTR]

A small O/G company with a big investment in Chinese shale gas,
producing properties in Alberta, and advanced patented technologies.
A lot of potential upside here going forward...on SALE now.

Petromin Resources Ltd. is a progressive international Petroleum
and Natural Gas Exploration and Production company listed Tier 1 on the
Toronto Venture Stock Exchange.
The Company is currently focused on developing 655 sq km of coalbed methane (CBM)
 land in Western China along the Southern Junggar Basin (in China).
Alongside significant international resource development initiatives in China and Kuwait,
the Company’s core operations include five oil and gas producing properties in Alberta
Canada along the Western Canada Sedimentary Basin.

Petromin is leading the way in technologically innovative methods designed to significantly improve reserves of existing oil pools (EOR) and to enhance the recovery of coalbed methane (ECBM) while significantly minimizing greenhouse gas (GHG) emissions.

(PTR has a 15-20% stake in TWE)
the claim is for 1.8 billion dollars;
PTR owns 15-20% of TWE stock,
which could propel this 2c. stock to be a rare 100 bagger!

VANCOUVEROct. 5, 2015 /CNW/ - Petromin Resources Ltd is pleased to announce that it has elected to participate in the completion of the MIDDLE ELLERSIE ZONE in the 11-35-39-28W4M well located in the Joffre field.
Upon completion, the well will be placed on production through the existing surface equipment and gas gathering and plant system. Petromin retains a 16.667% working interest in the section including an adjacent gas and oil well in LSD1-35-39-28W4M.
Vesta Energy Ltd. will operate the well. The Company also retains a 16.667% working interest in the Duvernay Rights on the section in the center of the east basin Duvernay Play. The Duvernay in general is considered to be a world class emerging play with reserve estimates by the former Energy Resources Conservation Board to contain 443 trillion cubic feet of gas and 61.7 billion barrels of oil.

Monday, November 10, 2014

Canadian producers sheltered from oil’s plunge...

Canadian producers sheltered from oil’s plunge

Canadian crude producers are being cushioned from falling global prices by a drop in the loonie and narrower discounts for heavy oil shipped to key U.S. markets.
Brent crude, the global benchmark, has fallen about 15 per cent over the past 30 days, and U.S. West Texas intermediate has also tumbled sharply. But in Canada, the average price in Canadian dollars received by producers was actually slightly higher in the past month than over the previous 4 1/2 years, Toronto-Dominion Bank economist Leslie Preston said in a report Monday.
CP Video Nov. 10 2014, 6:15 AM EST

Video: Business Forecast: Oil prices could yield gains for TSX


The reason is tied to favourable moves in the currency market, along with a reduced discount for Canadian heavy oil against WTI as more Alberta oil finds its way to U.S. refineries in need of heavy crude.
“It is a bit like the cleanest dirty shirt,” Ms. Preston said in an interview. “The reality is we are better off now because we were worse off two years ago, when we were in the worst phase of discounting and the Canadian dollar was at parity.”
The Canadian Association of Petroleum Producers estimates that a 1-cent decline in the Canadian dollar would be equivalent to a $1-per-barrel rise in the oil price. Since the June peak, the benchmark Canadian heavy Western Canada Select has dropped $12 (U.S.) a barrel, but the loonie has fallen 5 cents against the greenback, cancelling out nearly half the crude price drop.
“It has been partially mitigated but it has not offset the total decline that is out there,” CAPP vice-president Greg Stringham said. Heavy oil accounts for nearly 70 per cent of Canada’s exports so far this year, and like all Canadian production, it is priced in relation to the leading U.S. benchmark, WTI.
Oil prices continued to sink Monday. WTI fell to $77.40 (U.S.) a barrel, down $1.25 on the day and off nearly $30 since its peak in June. The leading international benchmark, Brent, fell more than $1 to $82.34, and has fallen $33 since June.
Canadian heavy oil producers have seen their prices improve relative to WTI, thanks to the expansion of rail and pipeline capacity out of Alberta, and the commission of a heavy-oil processing unit at BP PLC’s Whiting refinery in Indiana.
There has been surging demand for Canada’s extra-thick crude on the U.S. Gulf Coast, home to the world’s largest refining complex, said Jackie Forrest, vice-president of energy research at ARC Financial Corp. in Calgary. The region has capacity to soak up as much as 2.7 million barrels a day of heavy oil, Ms. Forrest said.
But consumption has been held back, averaging just 1.8 million b/d so far this year, amid a pullback in deliveries from traditional suppliers in Venezuela and Mexico, and protracted delays building pipelines such as TransCanada Corp.’s Keystone XL.
“So that gap is the opportunity for Canada, because that’s actually refineries that would prefer to take heavy crude that just can’t get it,” Ms. Forrest said. “That’s translated into stronger prices back here in Western Canada as well for heavy crudes compared to light crudes.”
Discounts for Western Canada Select, the key oil sands benchmark, have shrunk to an average of about $19 (U.S.) this year from roughly $24 a year ago, for example.
Prices are expected to more closely track the U.S. benchmark as more production heads south from Alberta through expanded rail networks and new pipeline connections. “There’s still a very big market for Canadian heavy crude in the Gulf Coast despite the growth of tight oil,” she said, referring to the boom in unconventional light oil production in the United States.
Ms. Preston, the TD economist, said lower prices won’t stall Canadian production growth until later this decade because supply coming on stream now was planned several years ago. “We still expect over the next couple of years production to grow year over year by 5 to 6 per cent … but I would expect to see a hit to corporate profits and government revenues over the next couple quarters.”
While some companies have shelved high-cost projects, those decision were taken prior to the slump in prices and had more to do with market access, cost inflation and a renewed emphasis on high-return projects rather than growth for growth’s sake.
The cash crunch is more likely to impede production from unconventional tight oil plays, like Alberta’s Duvernay, where the investment cycle is shorter, than in the long-lead-time, capital-intensive oil sands projects.



Interesting videos: Dow Jones vs Silver Price, Oil &etc. Top blogs award