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Ground Hero -- TCR Network

on 7/15/2017
TIBURON, California -- This town is not ground zero, and I am no ground hero. Not yet.

Our ground heroes this spring and early summer: Newrange Gold at its Pamlico gold project in Nevada | Nouveau Monde Graphite as it adds mineralized ground to its RECHARGEABLE spread at Matawinie in Quebec | Abitibi Royalties as its Quebec team enjoys an expanding resource and royalty payments from Canadian Malartic gold mine owners Yamana Gold and Agnico-Eagle.

[Plenty of TCR Network material on those three; also please see their most recent two press releases -- for each of the three companies.]

There are other heroes.

Seabridge Gold just put a northern Nevada property near the Getchell gold trend into its property holdings. The heavily short-sold stock, SA in USA, is rising steadily this week and last. That is happening even with flat gold equities and a flat and declining gold price.

"Seabridge stock tends to anticipate shifts in direction in the gold market." Rudi Fronk says from Denver. The CEO and his team are looking for a large metals miner to help finance and develop its KSM copper-gold project in British Columbia. There are six or seven possible partners for a mine that will require billions of dollars to build.

There also are ground zeroes, as in the natural resource companies that are testing our TCR Network patience. These include Xtra-Gold Resources, whose main geologist Yves Clement is directing a company-owned drill rig as the Ghana explorer seeks to add to a s-l-o-w-l-y defining deposit in the Kibi Gold Belt.

In the why-is-that-stock-gaining department, I have to place Riverside Resources -- RRI in Canada and RVSDF in USA. Probably because the Mexico, Arizona and elsewhere gold and copper explorer's shares are among the cheapest in Canada's stock market. Riverside has -- I am pulling this from memory and not cut-paste filler -- about $4 million cash and three or four securities in the mining biz that look to be actionable when commodities hit their stride.

In the hit-hard department, I have to place Golden Predator. The Yukon success story is seeing its shares extinguish about six months of 3 Aces (project exploration) gains. I still own about 2,000 shares (NTGSF USA ticker) and sold a bunch for a profit when the profit was good. This -- GPY in Canada ticker -- is a rebound story when commodity prices regain their lost highs.

This is Golden Predator's OTC-listed stock in USA. Six months of NTGSF. Harder they fall/One and all?

Novel Idea: My novel PABLO BY NUMBERS is for sale at the online Amazon shop. Kindle and other formats ARE AVAILABLE ... but no paperback just yet. The price is $4.50 USD. In the work of fiction, a popular financial writer jets the gulfstream in a search for the tycoons and sweetheart villains who tried to short-sell his career. 

The Novel: PABLO BY NUMBERS

Biomedical: We await pioneering immunological results and partnerships that are close to sending Immunovaccine's laboratory success to new heights. IMV (Canada ticker) is rising today | Thursday toward the $1.30 CAD level of its June $10 million money-raise. This Halifax vaccine and cancer-infectious disease treatments developer is one of our three largest stock market holdings here at home hero-zero. The others are Ivanhoe Mines and BioCryst Pharmaceuticals.

 
The author at Pamlico gold project in Nevada in June 2017

Notes: Looking at two or three exploration site visits this northern hemisphere summer. One possible visit is to Trilogy Metals' project in Alaska. That one is called Bornite. Trilogy has the advantage of being a liquid USA-traded security -- like Seabridge in that regard. TMQ (USA ticker) is one I do not own. 

I know and have known Trilogy's Rick Van Nieuwenhuyse’s for three or four years. No notions of instantaneous grandeur for this CEO. He spent many years in Alaska (Anaconda, Placer Dome) and led the exploration team that won recognition for its Donlin gold project for a sister company, NovaGold. 

Trilogy was called NovaCopper and changed its name to reflect not just an estimated 8 billion pounds of copper at Bornite and its close-by Arctic spread, but also zinc, lead and precious metals. Rick is a geologist.

"We have three rigs drilling at Bornite offsetting holes we drilled back in 2013 - including hole 224 that intersected 236 metres of 1.9% copper," he says. The stock has been rising this first week of July.


-- Thom Calandra  (None of these companies pays me -- not a one.)


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