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.)