A Ready To Start Mining Miner With A Penny Stock Price Tag
Dec. 24.14

December is almost over and so is tax loss selling time. In Canada, tax loss selling last day is December 24. A lot of mining companies have been hit real hard which of course is really crappy if you are a long holder. However for those who are in cash and looking to bottom feed, the feeding is plentiful. One company that has been hit particulary hard is Tanzanian Royalty Exploration TNX. It baffles my mind that the stock went below a dollar but it did. The stock traded most of the 2014 year with a $2.30 average but only in the last few weeks have shorters and tax loss sellers pushed the price down. This past week it's stock hit a low of 64 cents even as the company put out news on their website showing high grade ore being piled on to the new heap leach pad at Buckreef.

Tanzanian Royalty is not just an exploraton company. The company hold vast tracts of greenstone belt land in Tanzania Africa in the Victoria Lake area. It has 3 main projects that are advanced projects. These projects are the the Buckreef, the Kigosi Project and the Itetemia Gold Project. There is a total of 6 projects that hold NI 43-101 compliancy reports.

The most advanced project is the Buckreef Project. This project is located in north-central Tanzania immediately to the south of Lake Victoria and 110km southwest of Mwanza. The project area comprises the dormant Buckreef Gold Mine and four prospects with known mineralization: Buckreef, Buziba, Tembo and Bingwa. At present the company is building a new heap leach pad at Buckreef and has already started to stock pile high grade ore.

The Kigosi Project is located within the Kigosi-Miyabi and Ushirombo greenstone belts in northwestern Tanzania. The Kigosi-Miyabi granite-greenstone belt hosts small-scale artisanal workings at Luhwaika and Igunda both of which sub-crop intermittently along a strike length of approximately 4.8 kilometres in the Kigosi Project Area. Tanzanian Royalty has been actively exploring Kigosi since November 2005 following the receipt of a permit from the Ministry of Wildlife and Nature Conservation. During this intervening period, the Company conducted extensive exploration in the form of soil geochemistry, geophysics, RAB, RC and diamond drilling throughout the property. Three main prospects, Luhwaika, Igunda and Msonga, have so far been identified within the confines of the Kigosi Project Area. These all exhibit significant potential for the delineation of economic gold mineralization in the near future.

The Itetemia Gold Project is located 90km southwest of Mwanza in northern Tanzania. The project covers Archaean-age rocks equivalent to those hosting the world class Bulyanhulu and Geita gold deposits in the Lake Victoria Goldfields of Tanzania. The project area borders Barrick Golds Bulyanhulu mine and the main water supply and power lines that service the mine cross the Itetemia project. Exploration began at Itetemia in the period 1992 to 1995 and was undertaken by the State Mining Corporation of Tanzania (Stamico) which held the area as part of a larger license they were exploring at the time. Following the signing of a joint venture with Stamico in 1995, Tanzanian Royalty undertook line cutting, mapping, soil sampling, and ground geophysics. In February 1997 the GHR prospect was discovered by artisanal miners and provided the focus for work by Tanzanian Royalty over the following years. Towards the end of 2007, 2,543m had been drilled in 22 RC holes, and 10,209m in 41 diamond core holes at GHR.

Samples tested ranged in grade from 0.87 g/t gold to over 4.0 g/t gold; however, most of the samples ranged from 3 to 4 g/t gold. A majority of the test work focused on determining the gold extraction from coarsely crushed material. The particle size distribution was shown to be very significant in determining the overall gold extraction from the mineralized material. A standard bottle roll test was carried out on the sample material. A composite sample, grading 3.67 g/t gold, was crushed and finely ground as feed for the test. Following the test, the residue assayed 0.06 g/t gold, yielding an overall gold recovery of 98%.

Tanzanian Royalty has 100 million shares, is well financed and should be pouring gold in early 2015. This will enable the company to finance it's own needs and further it's exploration program.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

A Big Gold Miner With A Junior Price Tag
Nov. 19.14

This latest sell off of gold and gold mining stocks has brought a lot of the miners to their knees. For a lot of the miners, new 52 week lows in their stock prices have been seen. Infact there are some full fledged gold miners that are priced as low as some junior explorers. The reasoning of course has been a lot of these gold miners had their Q3 results out and most have shown a loss on the money side. This in turn spells bad news so a lot of the larger funds that hold these stocks sell out and because a lot of these funds hold a large amount of stock the stock price can really take a hit.

One stock in particular is Allied Nevada ANV. Having a 52 week high of$7 back in March of this year, the stock has stumbled on lower gold prices all summer and then got smacked down to under a dollar in the lastest sell off. Of course on the 3rd of November it released it's Q3 results and came in with a 60 million loss which did not help the stock price at all. However, once the selling was over the market looked and must have said, "Wait a minute," Allied Nevada at a dollar? From that point on the market bought the stock up and over the past 4-5 trading sessions drove the stock price back up over the $2 mark for a healthy 100% plus gain.

One has to remember that Allied Nevada is a large gold miner and not a junior explorer. The company owns the Hycroft gold and silver mine which is located just west of Winnemucca Nevada. The mine encompasses approximately 72,000 acres, including both patented and unpatented claims. While in production under previous owners (1987-1998), Hycroft produced over one million ounces of gold using an open pit heap leaching process. Since Allied Nevada restarted the mine in 2008, they have sold approximately 700,000 ounces of gold and 3.6 million ounces of silver.

The Hycroft mine operates twenty-four hours a day, seven days a week. Currently, open pit mining of heap leach mineralization is conducted by simple drill, blast and truck haulage of ore to the north heap leach pad complex. Lower grade ore is placed on the heap leach pads as run-of-mine and higher grade ore is crushed using a large three-stage crushing system. Current performance of the heap leach pad shows run-of-mine recoveries of approximately 50% for gold and 12% for silver. Allied has been increasing the mining rate over the last two years with the addition of larger scale mining equipment including Komatsu 320-ton haul trucks and CAT 7495 electric rope shovels. Currently, the company is the largest dirt mover in the State of Nevada.

Looking back at the stock price of this company one can see that back in late 2011 the stock price was over $40 a share. Since that time the stock price has fallen to where it is today at around $1.70. Looking forward being bullish on gold one would wonder just how much upside there is in this undervalued and over sold gold miner. The company has just recently released an new NI 43-101 report.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Diamonds Can Be An Investors Best Friend
Nov. 11.14

Canada's north is home to some of the worlds largest diamond mines. In the last 20 or so years since the discovery of the Ekati and Diavik mines, several junior mining companies have been exploring the ground for the next big diamond mine project. There have been several attempts by some but economics played an important part is deciding which projects were viable and which ones were not.

Mountain Province Diamonds MPV is one of those companies that discovered a resource and continued with drilling and exploration to expand that resource. Located in the Kennedy Lakes area of the NWT, their Gahcho Kue project is well on track to become Canada's next diamond mine. After a JV with De Beers, the company has been on schedual in construction of the mine for a 2016 production start date.

Not only will this be the worlds next diamond mine, but it will also be one of the largest diamond mines in the world. It will also be one of the worlds richest diamond mines with a grade of 1.57 cpt. giving it a 55.5 MMct over the life of the mine. There are three different kimberlite pipes that will produce about 35 Mt of mineable ore with an average grade of 1.57 cpt. over the mine life.

Mountain Province has about 115 million shares and about 25 million cash on hand. With the project at it's half way point of construction investors could soon see another diamond company actually producing diamonds.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Small Silver Miner With A Whole Bunch Of Extras
Oct. 11.14

In the last write up below we looked at Carmax Mining who is working in the Golden Triangle of British Columbia on a copper-moly-gold deposit. Today we are going to take a look at a junior that also is working on a project in the same area, has a producing silver mine and is also developing a rare earth type deposit of colbalt and bismuth. The company is Fortune Minerals FT.

Fortune Minerals project in the Golden Triangle is the Arctos project which is one of the world's premier metallurgical coal developments. The project is owned by the Arctos Anthracite Joint Venture an international collaboration between Fortune (80%) and POSCO Canada Ltd. (20%), a subsidiary of South Koreas POSCO one of the world's largest steel producers. POSCAN is responsible for funding 20% of the capital and operating costs for the project and will receive 20% of the coal. Anthracite coal is a prized type of coal for steel making and this deposit will potentialy supply 3 million tons of coal a year for about 25 years.

Fortune Minerals also has the Revenue Mine in Colorado which is a producing underground high grade silver mine & mill with byproduct gold, lead & zinc. The mine has a historical production of around 15 million ozs of silver from 1876 - 1912. The mine resources are around 888,283 tons (diluted), averaging 14.6 ounces of silver per ton, 0.02 ounces of gold per ton, 2.26 percent lead, and 0.90 percent zinc. In fact the Revenue Mine has the highest grade per ton silver than any of it's peers a seen in the graph below.

Fortune also has the NICO Gold-Cobalt-Bismuth-Copper Project in the NWT. This deposit discovered by Fortune Minerals in 1996 and the company has been working on. What sets this project apart from most and makes it unique is that this deposit includes more than 10% of global bismuth reserves. The NICO deposit contains open pit and underground Proven and Probable Minerals Reserves totaling 33 million tonnes containing 1.1 million ounces of gold, 82 million pounds of cobalt, 102 million pounds of bismuth, and 27 million pounds of copper. At the planned mill throughput rate of 4,650 tonnes of ore per day, the mineral reserves will sustain operations for 20 years.

Fortune Minerals has around 190 million shares with about 35% held by insiders and Procon. With approx. 6 million in working capital, a 52 week trading range of 20 cents and 45 cents, average trading volumes of 100,000 per day makes this a liquid stock well worth keeping on your watch list.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

British Columbia's Golden Triangle
Sept. 19.14

In the northwest corner of British Columbia there is an area known as the Golden Triangle. This triangle covers thousands of square miles. This triangular shaped area is a resource rich area with timber, base metals, precious metals and coal. There has even been drilling by large oil and gas companies over the years looking for liquids and gas in this same area.

Today though we are going to take a look at a small copper-moly-gold junior. This junior is Carmax Mining CXM and Carmax is also the junior miners featured miner here at the moment.

Carmax Mining has the Eaglehead property and owns this property outright 100%. This property is 613 cells covering a total area of approximately 11,410 hectares. There are six (6) identified mineralized zones on the Eaglehead property. In 2012 the company completed it's first NI 43-101 Inferred Resource Estimate on this property.

In the companies NI 43-101 report, the estimate totals 102.5 million tonnes at an average grade of 0.29% Cu, 0.010% Mo and 0.08 g/t Au. This translates to approximately 662 million pounds copper, 22 million pounds molybdenum and 265,000 ounces gold. You can see why so many other players are in this area. Players like Imperial Metals with it's Red Chris deposit, Capstone Mining's Kutcho mine (now in the development stage), Copper Fox's Schaft Creek project (resource estimate of 7.1 billion pounds copper)and Hard Creek Nickel's Turnagain project.

In May of this year Desert Fox Copper Inc. became strategic shareholder in Carmax. Desert Fox is a subsidiary of Copper Fox Minerals Inc. This season's work called for 4000 meters of drilling along with some line cutting, ground geophysics, metallurgical testing and old core re-logging. This work is to upgrade the classification from Inferred to Indicated Mineral Resources of the Eaglehead deposit on the property.

Carmax has about 52 million shares, 1.6 million in cash and zero debt. Stock price is around 10 cents a share. Trading volumes are on the thin side.

Note: The company is going to be publishing assays sometime in October from drilling that was done this season. Investors will not have to wait 3-6 months to get results.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Exploring For Lithium
Sept. 14.14

Today we are going to take a look at a junior miner who is exploring for rare earths in Ontario Cananda. Houston Lake Mining HLM Houston Lake is a specialized mining exploration company actively engaged in the acquisition, exploration and development of hard rock, high grade, rare metal resource properties with focus on lithium and tantalum.

Lithium is used a lot today in batteries that power all the techno gadgets we use like laptops, tablets, phones and all that other good stuff todays consumers can't seem to live without. Lithium comes from brines and also hard rock pegmatites. Most lithium brines come from Chile and Argentina and some from China. Australia produces the most lithium form hard rocks. Tantalum's main use today is in tantalum capacitors in electronic equipment such as mobile phones, DVD players, video game systems and computers.

At present the company is exploring for lithium and tantalum on it's 100% owned PAK Rare Metals Project in Ontario. Total area ofthis property is about 3,584 hectares. HLM's PAK Rare Metals Project has a NI 43-101 Resource Estimate as of December 4, 2013. Houston Lakes properties hosts 6.89 million tonnes grading at 1.86% Li2O equivalent(eq.) in the inferred category and 1.17million tonnes grading 3.44% Li2O in technical/ceramic grade lithium.

The company issued a news release on Sept. 2 stating that a drill hole had intersected 1.68% Li2O over 104 metre (m) from 9.1m to 104.75 m. This included a 12.8 m wide high-grade lithium zone averaging 4.01% Li2O from 35 to 47.8 m. Assays are still pending from additional holes drilled this season.

Houston Lake has around 75 million shares O/S at present. The stock has seen a nice rally isince mid August from a 5 cent level average to it's postion today of around 15 cents. For those looking to invest outside of the base and precious metals side of the market, Houston Lake and it's rare earth play may be something to consider.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

A High Grade & Shovel Ready Mine
August 30.14

Junior Miners is based in Atlin BC. Atlin is a small mining town with roots going back to the turn of the century when the Klondike gold rush was on. With about 400 poeple today it is a far cry from what it was about 100 years ago. Back then there was over 10,000 people here seeking their fortunes in gold. Although most of the gold mining here today is alluvial or placer mining, there is old workings throughout the area of where hard rock mining took place. Some of those mines were the Ruffner Silver Mine and Adanac moly deposit. Today however we are going to take a look at a mine that is located about 100 kilometres south of the town of Atlin, British Columbia or 65 kilometres northeast of Juneau, Alaska. The mine in question is the Tulsequah Chief mine and this mine is owned by Chieftain Metals Corp. CFB.

The Tulsequah Chief mine operated from 1951 - 1957 by Cominco Ltd. Production at the time was about 400 tonnes per day and was a seasonal operation using conventional barging to transport both concentrates and supplies. The mine shut down in 1957 due to low metal prices. In 1981 Redfern began exploration and staked a block of claims surrounding Cominco's Tulsequah Chief Mine. Work started in 1987 with surface diamond drill holes and continued each year until 1992 when Redfern purchased Cominco's interest in the property. Since that time, Redfern developed the project towards the eventual re-opening of the Tulsequah Chief Mine. This has included several campaigns of diamond drilling, permitting applications and feasibility evaluation work. In 2006, Redcorp initiated a feasibility study for the Tulsequah Project which demonstrated the economic value of the property. After the 2009 financial crisis, Redfern went under and Chieftain Metals then took over the mine and assets of Tulsequah Chief.

The Tulsequah Chief Project is among the highest grade VMS deposits of the world and is one of the world's lowest cost, near-term producers. This mine once in production will produce each year, 69 million Lb of zinc, 16 million Lb of copper, 11 million Lb of lead, 1,380,748 Oz of silver and 46,878 Oz of gold. In fact at todays metals prices, Chieftains cost of mining for the zinc is negative 90 cents a lb. With 9+ years of operating projected, Chieftain will have a first class mine on it's hands. You can view the latest company presentation from July 2014 here.

There are about 17 million shares O/S. The stock trades thin on the volume side due to the limited amount of stock that is free floating. 75% of the stock is held by institutions and management hold another 10% leaving 15% in private hands. 52 week high of 75 cents and a low of 10 cents. The stock today is 24 cents. Chieftain Metals could very well become BC's next mine in production.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Palladium Mining
August 26.14

Not too many people ever think about palladium when it comes to the precious metals. Most of course think gold and silver with a small percentge of people thinking platinum. Unfortunately, palladium goes mostly unnoticed. The reason we don't hear very much about palladium is because it is quite rare and there is very few mines in the world that produce palladium. About 45% of the worlds supply comes from Russia followed by South Africa which produces about 36%. The rest which is less than 20% comes from North America.

Palladium is mostly used in the automotive sector. The catalytic converters that are on cars today use palladium to help mitigate pollution and green house gases. Some palladium goes into electronics, dental and jewelry. As an investment, palladium has been one of the best in the metals. While gold and silver are in a slump, palladium is riding high at almost $900 an ounce.

So when it comes to investing, you can look at buying the pysical metal itself or you can look at investing in a palladium miner. Because most mining is done in Russia or South Africa, which both carry a high degree of risk, you need to look closer to home. One such company that is activily mining right now is North Ameican Palladium PDL. North American has been operating its Lac des Iles mine (LDI) located in Ontario, Canada since 1993. LDI is one of only two primary palladium producers in the world, offering investors exposure to the price of palladium.

The companies mine produces about 70-80 thousand ounces of palladium a year. Continued drilling and exploration has increased the life of the mine to 2019 and beyond. At present the company is mining about 3000 tons per day but plans are to increase that amount to around 5000 tons per day by the year end of 2014. The company has good established infrastructure with excess capacity available for production growth: 15,000 tpd mill & 8,000 tpd new shaft. With the price of palladium continuing to rise, the profitablitly per ounce should also increase.

North American Palladium has around 380 million share O/S. The stock trades on the TSX as PDL and also the NYSE as PAL. A 52 week high of $1.18 and a low of 25 cents.

Short update from last week write up. Gold Strike GSR popped up almost 50% Monday to a high of 24 cents on almost 2 million shares. News of a Korean investment firm has set this small Yukon explorer on fire. More news is expected shortly.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Real Gold In The Klondike
August 22.14

Whenever we hear of Dawson City or the Yukon we think about placer mining and all about the Klondike gold rush of 1898. Placer mining still takes place each and every year in the region and the lure of gold is so great that there are even a couple of TV shows ( Gold Rush & Yukon Gold ) now that are dedicated to placer mining in the Yukon. It's a region that is rich in history and gold and with new technology and public markets, there is a now a new group of players looking at exploring this region.

Companies like Kaminak Gold KAM and Atac ATC are just a couple of companies that have been in the news lately. We've talked earlier in this same section about Kaminak and most recently when they put out news regarding a feasabilty study on their Coffee project and getting additional backing from some big lenders. But today I would like to talk about a small almost unheard of company that has a dynamic portfolio of land in this region of the Yukon. The company in question is Gold Strike Resources GSR.

This season Gold Strike GSR is working on it's Plateau South claims. Initial drilling on the VG zone in 2013 intersected a blind, gold-mineralized shoot 3.25 metres below surface, with visible gold in three of eight drill holes, and a best intersection grading 7.60 grams per tonne gold over 9.03 metres, including 14.58 grams per tonne over 4.0 metres, and the zone remains open. Grab and channel samples assayed up to 15.45 ounces per ton have been obtained along the 25 kilometre Yellow Giant Trend that includes the VG, Goldbank and Goldstack zones. On the Lucky Strike gold prospect in the White Gold District, a program of mechanical trenching, ground magnetics, and prospecting, mapping and geochemical sampling is planned to further advance the property and define additional drill targets.

What sets Gold Strike apart from other junior explorers is that it is also has a JV with a small oil producer, Petro One POP which has been in the news in the last month. Petro One has seen a very large financing with a Korean firm allowing Petro One to expand and continue proving it's land base in Saskatchewan and Manitoba. Just today, Gold Strike issued a press release stating that the company had retained the service of a Korean advisor to solicit expressions of interest from Korean-based firms for an agreement to fund a multi-year exploration and development program on the Plateau South mineral property in the Yukon territory.

Gold Strike has about 70 million shares O/S with a 52 week high of 28 cents and a low of 4 cents. Trading volumes have increased in the last few weeks and with news today that is similar to what Petro One had there very well could be a lot of excitment in the stock in the weeks to come. Petro One has seen a 200% pop in it's share price.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

A Real Gold Producing Junior Miner
August 19.14

Canada is known around the world as the home of junior mining companies. The TSX stock exchange is home to some of the worlds largest miners and the Venture exchange is home to litterly thousands of small junior exploration publicly traded companies. Although most of these companies are exploring for metals and minerals in almost every country in the world, some have decided to just stay a home right here in Canada. After all, Canada is a very resource rich country and where better than to invest your money than right here at home.

One of these companies that are exploring and mining in Canada is Lake Shore Gold LSG. Lake Shore is a true gold mining company with active mines. The company has operations in (3) three multi-million ounce gold complexes located in the century-old Timmins Gold Camp in Northern Ontario. The Company is in commercial production at 2 of mines. These mines are the Timmins West and Bell Creek mines that include a 3000 ton per day central milling operation. There is also the third operation which is the Fenn-Gib open-pit project.

Lake Shore Gold was formed in 2002 as an explorer for gold and base metals in the Canadian Shield. The Company was able to secure both the technical expertise and a portfolio of prospective mineral properties from the moment of its inception. Lake Shore focused its search initially in the gold camps of the Abitibi Belt and in western greenstone belts in the northwest of Ontario and western Quebec. Through its early acquisition of the Timmins West Gold Property, the Company quickly established itself as an aggressive junior exploration company holding an interest in a defined high-grade resource.

During 2013 the Timmins West Mine produced 107,100 ounces and the Bell Creek Mine produced 27,500 ounces. The company has 416 million shares out standing and trades on both the TSX and NYSE. In 2011 the share price was over $4. Recent articles in the Globe and Mail and elsewhere point to exceptional value and growth in Lake Share Gold. The stock is well followed by various analysts also. Lake Shore Gold. A true Canadain gold miner.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Red Rubies
August 9.14

Whenever we think about junior mining stocks we seem to gravitate toward the gold and silver explorers. In my last write up just below I talked abit about Lucara Diamond, as diamond explorers are are not as plentiful as say the gold or silver players. Today however we are going to take a quick look at an even smaller sector or the junior mining market. Rubies. You don't hear about to many ruby miners or explorers out there. Whenever we do hear about gems and rubies we tend to hear mostly about rubies from some small unheard of African country or somewhere in the Amazonian rain forest of Brazil. We very seldom hear about publicly listed juniors who are actually out looking for rubies.

True North Gems TGX however is one of these rare companies. The company was in the news years back when it found an opal deposit in the Yukon. The company now is working over in Greenland where it has discovered what will probably be the first commerical type ruby mine ever. The company's core asset is the 100% owned Aappaluttoq Ruby-Pink Sapphire deposit. The property consists of two prospecting licences consisting of eight claim blocks covering 823 square kilometres. TGX began summer exploration programs in 2004 and has returned every year since. More than 30 ruby occurrences have been found in the Fiskenaesset district so far, with a total of 165 tonnes of material removed for processing over four years. In fact this is the only 43-101 compliant deposit in the world.

Both ruby and pink sapphire (red and pink varieties of the mineral corundum), are found on the property. Individual stones weighing more than 80 grams (400 carats) have been found. Both rubies and pink sapphires are valuable gem materials, and in high quality rubies can be worth more than diamonds. To date, over 65,000 grams of gem and over 129,700 grams of near-gem ruby and pink sapphires have been recovered. Prices of gemstone can vary greatly depending on quality, independent valuations have valued a 0.69 carat ruby from Aappaluttoq at $3,220/carat and a 0.96 carat pink sapphire from Aappaluttoq at $460 per carat.

The company has almost 300 million shares outstanding. The 52 week low is 5 cents and the high is 17 cents. Trading volumes can be light a times.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

An Appreciating Diamond Stock
July 18.14

Of all the junior mining stocks there are not a lot of diamond miners. Exploring for diamonds was a big deal about 20 years during the Diamet and Divik days in the NWT. Today you hear and read very little about diamonds. There are however a few diamond stories out there that are well worth noting. One of those diamond stories is Lucara diamonds LUC. Lucara works in Africa where it has two key assets which are the Karowe mine in Botswana and the Mothae project in Lesotho. The 100% owned Karowe Mine is a newly constructed state-of-the-art mine which was fully commissioned in Q2 2012 . At the 75% owned Mothae project the company has completed the trial mining stage and is working towards completing a Preliminary Economic Assessment (PEA). Both Mothae and Karowe are large scale assets with tonnage and throughput upside and production has consistently included large, Type IIA stones.

A quick look at the chart will tell you the story of how Lucara is doing stock wise. With a 52 week trading range of 75 cent low to a $2.80 high, there has baeen some very nice gains in this play. Most small juniors with a diamond portfolio are explorers. Going beyond exploration, Lucara is a producer and that what sets this miner apart from most.

The producing mine, which is the Karowe Mine is a hard rock open pit operation and has probable reserves to a depth of 324 m of 33.1 mt containing 5.1 million carats. Indicated resources from surface to a depth of 400 m of 48.07 mt containing 7.61 million carats. Inferred resource from 400 m to 750 m of 21 mt containing 3.04 million carats.

The second operation, the Mothae Project is in Lesotho. Although it is on care and maintainance at the moment it also is an open pit operation. Indicated resource of 2.39 mt @ 3.0 cpht containing 0.07 million carats and inferred resource of 36.57 mt @ 2.7 cpht containing 1.0 million carats.

Fully diluted, there are 381 million shares.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

What's Up With Levon?
July 5.14

Friday trading saw Levon Resources LVN stock pop 37% on almost 5 million shares trading hands. No news by the company although there was a write up by the Nation Inflation Association about how they felt the stock was undervalued. According to the article, Levon holds a 100% interest in Mexico's second largest undeveloped silver resource with an indicated silver equivalent resource of 423.5 million ounces, and LVN/LVNVF is currently trading with an enterprise value of only $0.054 per indicated ounce of silver equivalent! This is by far the lowest valuation for a major silver resource.

This is not the first time that LVN has been discussed on this website. Back on December 10, 2012 we mentioned LVN as a promising silver miner because of the 100%-owned, 20,000-hectare (49,400-acre) Cordero Project in northwest Mexico. Cordero represents an outstanding and rapidly-growing target for porphyry silver, gold, zinc and lead. Cordero's first NI 43-101 resource was announced in June 2011 and included 310M oz silver, 900,000 oz gold, 5.3B lbs zinc and 2.9B lbs lead.

So is it now time to buy into LVN? The stock could very well see more upside but whenever we see parobolic charts like the one above there is always that threat of a fast fall. Keep an eye on this as it could very well base itself for the next leg up. Once silver prices rebound, stocks like this are the stocks to be in.

North American Nickel NAN keeps climbing. No news yet on any of the drilling but it should not be too much longer. Maybe in a week or so we will get an update. The stock acts like there is good news. Even with low volumes the stock keep heading north. This week it closed on a new high of 62 cents. A lot of people are up 100% plus, infact YTD the stock is up about 170% and we still got a summer of results and assays coming our way.

Last write up I talked about PC Gold PKL. Looking at a 1 year chart we see a potential cup & handle formation starting. The stock closed up 1/2 cent on Friday to 8.5 cents. Looking a depth there is still some over hang on the ask side but with any amount of more positive news, those asks can dissappear quite fast.

Time to buy into Noront NOT ? The Rim Of Fire explorer had a bit of a sell off in the last week and a bit. Although the stock fell hard there was a nice retracement toward the end of the week.

Thats it for this week. It's been a short trading week with Canada day on Tuesday and the July 4th in the USA yesterday. I guess we officially start the summer doldrums now.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Undervalued Quality Gold Stock
July 3.14

One of the biggest problem with a lot of junior miners is that a lot of them have too many projects or too much land holdings scattered all over the place. These days you can read on various corporate websites and see how just many have a whole lot of land and not a lot of money. Having too much land or projects doesn't allow you to focus on one specific project and if even if you focus on one specific project you still have finacial obligations to keep yourself vested in these other properties or projects. Of course this is the nature of junior mining. Someone hits a strike somewhere and everyone rushes over to stake up land. In the mining game, nobody wants to be left out.

Not all juniors are that way though. Some juniors have been working away at the same project for years. Sampling, mapping and drilling. Rinse and repeat. One of these such companies is PC Gold PKL. PC Gold has one project and that project is the Pickle Crow mine in Pickle Lake Ontario. Since taking 100% ownership in 2008, the company has been delivering a lot of great results from this past producing mine. With all exploration submitted it demonstrated the presence in the Pickle Crow mine of a 1.26 million ounce NI 43-101 compliant gold resource* (10,150,000 tonnes averaging 3.9 g/t gold). The higher grade underground component of this initial resource is 1.1 million ounces averaging 5.4 g/t gold, including a high grade vein component of 600,000 ounces averaging 9.3 g/t gold.

All the preliminary exploration is now finished and the company is looking into more technical and advanced work like permitting, dewatering underground exploration and resource definition drilling, now in planning, designed to better define and lift current NI 43-101 Inferred level resources into higher confidence categories, expand known zones, and explore untested areas which cannot easily be accessed from surface.

Looking back to 2008 on a stock chart above shows just where this junior has been. Back in 2010 the stock was almost $2.00. Since then the stock has fallen downward along with others in the sector. The company however has been putting out a lot of news lately. In early May they did a $700,000 PP. Since then there has been a steady stream of news in regards to drill results and those results look very promising. Trading volumes are fair also around the 100,000 per day.

There is an old saying in the field. The best place to find a mine is close to a mine and this junior is in the mine. There are only around 100 million shares O/S. Right now the stock price is 8 cents so in reality looking forward there is nowhere to go but up with this junior. You can view their new June 2014 presentation here. For an 8 cent stock I was quite impressed.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

The Shine Of Nickel
June 29.14

On the 2nd of July, mercury retrograde ends. Now I know that not everyone out there is into astrology and that sort of thing, but there are those who are. In fact a lot of traders will sit on the side lines during this time due to the fact that in a lot of cases, things have been known to go wonky. Myself I always keep it mind and I have noticed that in a lot of cases some of my best call trades during retrograde tuned out to be some of my worst call trades, so I guess there is some truth in the matter around retrograde. Hopefully my one trade that I am down 25% on, will rebound after July 2nd.

I get an email from a cycle theory guy named Bo Polny. He is calling for the gold top in June we just had on the 27th to be the top. Gold should now sink thoughout the summer to maybe close to it's old low last year of around $1150 or so. The guys has been quite acurate in the past so I will give him the benefit of the doubt here. However with the selling off in gold thoughout the summer months, he is calling for a $2000 prise per oz by year end 2014.

So with the gold price possibly heading down this summer and silver most likely doing the same, one has to wonder if there are some bright spots still on the market? Well one of those brighter spots is nickel. Not only the price of nickel but some of the nickel junior stocks. Of course for anyone who has been reading this column for any length of time you will see that I an avid follower of North American Nickel NAN who has drills running at this moment over in Greenland. The first drill started up about 10 days ago and the second drill should be running in about a weeks time. Since the drilling began there has been a lot of excitement and it sure shows in the stock price. The stock has risen about 30% in the past week alone on way above average volumes. Since the December lows the stock is now up 200%. After hitting a new 52 week high of 63 cents on Thursday, the stock took a breather and fell back to 55 cents on Friday.

Another nickel player getting noticed and hitting new highs is Balmoral Resources BAR. The company is working in Quebec right beside the Ontario border. On June 20th they put out news stating: discovery of high-grade nickel-copper-PGE mineralization associated with the previously highlighted (see NR14-09, April 30, 2014) net textured sulphide zone in hole GR-14-25. The net textured zone, one of four mineralized intervals in the hole, returned a near surface intercept of 1.79% nickel, 0.19% copper, 0.42 g/t platinum and 1.04 g/t palladium over 45.28 metres. This high-grade interval is capped by, and includes, 1.11 metres of massive to semi-massive sulphide which returned 10.60% Ni, 0.45% Cu, 2.04 g/t Pt and 5.23 g/t Pd, confirming the potential for very high grade nickel and PGE values within the system.

This news of course has propelled the stock price higher so that it too hit a new 52 week high this week of $1.68. The 52 week low was just 27 cents. So far this year Balmoral has been a 6 bagger stock play riding mostly on this nickel play.

Other nickel explorers would include Noront NOT and it's McFaulds Lake Project located in the highly prospective Ring of Fire, and Royal Nickel RNX which is working on it's Dumont Nickel Project. This project is a mammoth deposit near the town of Amos in the established Abitibi mining camp in Quebec. When in production, it is expected to rank as the fifth-largest nickel sulphide operation in the world by annual production only the mining operations at Norilsk (Russia), Jinchuan (China), Sudbury (Ontario, Canada), Voisey's Bay (Newfoundland and Labrador, Canada) will be larger.

Tuesday is Canada day and then retrograde ends so hopefully everyone will be back into the plus side of the market and with nickel stocks shining, this might very well be the season for nickel. The last time nickle shone was back in the 90's with Voisey's Bay and Diamond Fields who found the deposit saw it's stock run from under $2 bucks to around $120 with in a year and a half. Something to keep in mind.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Sand Mining.
June 24.14

When we think about junior mining companies we always seem to think gold and silver explorers. Then after that we head down the list to base metals like copper, zinc and nickel. Then we go down the list even more and we find rare earths, graphites and if we go deeper we find potash and phosphates. That would be the extent of so called mining and exploration to most.

With the down turn in metals we are seeing a lot of juniors jump onto the marijuana and cannibas bandwagon. It's alot like in the early 1990's when some juniors re-invented themselves into tech ventures. But now there is a whole new industry that is springing up. Not very many people are even aware of it but this something is the mining of sand. Not ordinary sand but special grades of sand for fracking wells. With the oil patch drilling deeper into the so called shale plays like the Bakken, the Marcelus, or in Canada the Monteny, these wells need to be fracked in order to produce gas and fracking takes a lot of sand. Just to frack one well can take as much as 12 or more rail cars of frack sand. With thousands of wells being slated to be fracked, that is a lot of sand.

Sand producers in the US are running a full capacity and the stocks of these companies have gone through the roof. US Silica SLCA is an excample of what kind of price you pay for a sand stock in the US. In Canada there is no so called major player yet as most sand is mined by private companies like Winnbay in Saskatchewan. Now of course with the down turn in metals a few juniors are regrouping and looking into the frac sand business as a viable alternative in mining and exploration.

Victory Nickel NI is one such junior that has gotten involved in the production of frack sand. The company has its own sand plant in the Medicine Hat region of Alberta. Another company is Athabasca Minerals ABM who has sand and aggregates in the Fort MacMurray area of Alberta.

Another company which is a gold explorer, La Ronge Gold LAR is also getting into the sand business. In a recent news release the company stated that they were looking at buying a private company called CanFrac. This company already is set up and producing the sands required for well fracking and best of all the location is right in the heart of the oil patch with all infastructure already in place. The stock is halted at the moment.

So if you have confidence in the oil and gas sector and are down and out on metals these types of stocks may be appealing. I am sure there will be news out in the near future of another junior looking at getting into the sand mining business.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Nickel Mania
June 20.14

This week was a big week for North American Nickel NAN and it's 100-per-cent-owned Maniitsoq nickel-copper-cobalt-platinum-group-metal project in southwest Greenland. Not just the Greenland project but also the company. Earlier the company announced that Rick Mark the CEO was stepping down. At first the the stock took a wee bit of a hit but bounced back rather quick. Then later in the week came the next announcement that the drill crews had arrived and the first drill was putting a bit to the ground on the first of many holes planned through out the summer.

This morning however things started to go a bit strange. Not your regular blah blah trading with the ho hum volumes. Today the stock took off like a rocket and blew past it's 52 week high. Shot all the way up to 57 cents before settling back at 53 cents on the day. Volume was over 700,000 which is the highest this year.

It's great to see this happening because this is one of those plays that could very well hit the big times. Some say that this could very well be the next Voisey's Bay or Raglan. For those of you who remember Voisey's Bay back in the early 1990's, it was Diamond Fields that did that discovery and shares went from a few bucks to over 120 bucks in a matter of a year and a half. I am not saying that NAN is going to do the same but the proof is in the pudding. One only has to look at last years drill assays and seeing cores as high as 7% nickel will tell you that this area HAS high grade potential. Greenland being the last frontier and North American Nickel being in on the ground floor could very well spell a lot of Ka Ching for investors this year.

The second drill is suppose to start drilling in the next few weeks so there will be two drills running all summer long. This year's drilling is to define just how huge the deposit really is. Drilling over the past 2 years has pointed to what very well could become another Sudbury Basin or Voisy's Bay, Raglan type deposit. (Added note: I am long NAN stock)

In other news this week, the president of Ecuador says they are going to revamp the mining laws in that country. Not for the worse either but for the better. They plan on cutting out a lot of red tape and make it easier for mining and resource companies to come to Ecuador to do business. This was good news for some of those who explore in Ecuador for sure. Ecuador Gold & Copper EGX did a pop and got some interested new holders in the stock as did INV Metals INV

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

My 2 Cents For The Week
June 13.14

A quick look at any of the most gainers these days will show a lot of 100% gaines in a day. At first glance you think WOW, then after a second look you notice that the stock that just did a 100% jump is only 1 cent. Another quick look will tell you that there are a whole lot of these 1 cent stocks out there. The next issue though is to find that 1-2 cent stock that has the potential, the money, the project or all of the above to make it become a 4-5 cent stock. Don't kid yourself, they are out there. You just have to weed through them all.

One of the secrets to finding these plays is by narrowing down your search by finding stocks that have a low amount of shares, some cash and some ground to explore. Even if they don't have that much cash, having good ground or prospects will bring outside companies looking to JV, merge or even do a buyout. The other little secret is scanning through these small plays and finding the ones that have some active trading, preferrably in the hundreds of thousands of shares on a daily basis. Or try to find one that has a bit of an up swing in trading volumes along with the price increase. It could mean news out in the near future or could be just a group getting in on the buy side.

Just today, TAD Mineral Exploration TJ traded up 100% on almost 2 million shares. The stock had been down to as low as 1/2 cent and had a lot of very low volume days. Today it closed up at 2 cents. What's up?

So what has this little company have going for it? Well it holds land in the Patterson Lake South area of the Athabasca Basin right close to where NexGen NXE and Fission FCU are working. Both of these juniors have seen their stock trade like crazy and both have been putting out real good news in regards to assays from their winter drill programs.

Secondly it also has two parcels of land in Ontario where Zenyatta ZEN is at on it's big graphite find. Everyone knows what ZEN is all about. Thirdly TJ is also a significant shareholder of Terra Firma TFR that would enable TAD to generate cash without any dilution. Given that the markets in metals and mining are in the very lows with little to no interest from investors, unusual trading sometimes brings out news or a renewed interest in the stock. With 53 million shares, TJ has just over a 1 million dollar market cap. We'll have to see how TJ performs next week in the market. Trading at 2 cents, one can buy a real mitt full of shares.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Adanac Moly
June 10.14

I live in the town of Atlin Bc not far from where the purposed Adanac Moly deposit sits. Last week I joined a few friends for a quad ride up Ruby Creek. It's a huge expanse of a valley. I wished I had taken a camera along because it was a very nice bright sunny day. I have always been interested in this moly play as it would have been a real boom for the town. Much needed work and revenues would have come this way.

Just this past week I noticed that the comany had put out a news release stating that they would be auctioning off the assets in the Atlin area. This is what I would guess as being "final" for the company. It's too bad. With the prices of moly at multi year lows and the struggle to raise capital it would make for a hard go. What will happen to the company now is anyone's guess. Of course there will always be a buyer for the deposit. I am not really sure if they are going to sell the deposit or not but one would think that the Chinese would be interested buyers. They did buy the Yukon Zinc mine and have looked into buying a huge share portion of Chieftan Metals TC mine not long ago.

North American Nickel NAN should be getting ready to start drilling any day. I am expecting a news release to be sent out here this week or earliest next week. The Crone surveys should be all done and interpretted showing additional targets. The stock has been climbing ever so slightly each day and now is just pennies away from it's 52 week. Had you bought the stock during tax loss time in December you would have doubled your money now.

Last time I worte I was getting ready to go to the Dawson Gold Show. I did attend and saw displays from Kaminak Gold KAM and also Victoria Gold VIT. Both of these juniors have exciting projects in the Yukon. Other displays were mostly government agencies and small vendors of equipment and services. Dawson City, a real neat place to visit. If you have never been there and are any kind of gold bug/klondike style person, Dawson is a must see.

Tanzanian Royalty TNX put out news not long ago. They are getting ready to actually start mining their Buckreef gold deposit in Tanzania. They will be mining via heap leach method. The dollars earned from this mining project will go onto fund other developments the company has on the go. It's been a long time coming for all of this to take place but gold will be pouring in the not so distant future for this company.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Yukon Gold Stocks
May 13.14

We are just a few days away from the Dawson Gold Show that is held every year in Dawson City Yukon. The Dawson area of the Yukon has long held the lure of the Klondike not just for independant placer miners but also for a lot of junior companies. Over the years junior mining companies have settled in the Dawson and other Yukon areas to explore for it's hidden treasures of gold.

Over time a lot of these finds have been explored to the point of some of them being almost shovel ready to mine. Companies like Atac Resources ATC developing Canada's only Carlin-type gold district at its 100% owned Rackla Gold Project. The Rackla Gold Project has no underlying royalties or third-party interests. ATAC is well-positioned with approximately $25 million in the treasury.

Kaminak Gold KAM is exploring it's 100% owned Coffee Gold Project, which is a multi-million ounce, high-grade oxide gold district that is amenable to heap leaching. The company has spent $65 million and drilled over 185,000 metres resulting in 16 separate and distinct discoveries and a NI 43-101 Mineral Resource Estimate consisting of an Indicated Resource of 14 million tonnes grading at 1.56g/t Au for 719,000 ounces and an Inferred Resource of 79 million tonnes grading at 1.36g/t Au for 3,434,000 ounces of gold at a base case cut-off of 0.5g/t Au for Oxide and Transitional material and a 1g/t Au cut-off for Sulphide material. With $17 million in cash, 2014 will be another benchmark year for the company as it delivers its first Preliminary Economic Assessment at Coffee and embarks on another aggressive drill campaign.

Further south of Dawson in the Mt. Nanson area is Western Copper WRN which is working on the Casino project. This project is a multi billion tonne deposit of copper and gold. The company is on track to develope a mine with construction starting in 2016.

Further east and south of Dawson in the Mayo area, Victoria Gold VIT is working on the it's Eagle Gold project. This could very well become the largest gold mine in Yukon history. The area of this deposit known as Dublin Gulch hosts the 6.3 M oz Eagle gold deposit (Indicated and Inferred), the Wolf tungsten deposit and a 13 km-long belt of Au and Ag mineralization

This is just a brief overview of what is taking place in the Yukon right now. Summer time is 24 hours of daylight and not a minute of the time is wasted as companies and prospectors are out looking for gold and other minerals.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Watch Nickel
April 14.14

For the past few years, metal prices have been really dismal. The juniors that explore for the metals have been hard hit and the majors who mine the metals have also been under a lot of strain. Just when you think prices have hit bottom and there might be a chance of an upside in a stock, the rug seems to get pulled out and down goes everything.

One metal in particular that stands out is nickel. Nickle prices have made a huge swing to the upside. Although still down from previous highs you can see in a 60 chart below how the metal is really bullish.

Today Scotia Bank put out news stating that their reasoning on nickel which had to do with Indonesia banning the export of raw un-smelted nickel out of the country. Indonesia had stated this four years ago but of course no one took them serious until all of a sudden there is starting to be a shortage of nickel and thus the price increase in the metal. Scotia also mentioned they were buying Royal Nickel RNX and the stock of Royal took off to a new 52 week high.

Aside from Indonesia's export ban, tensions in Ukrain and Russia could also help propel the price of nickel higher. One of the largest nickel mines in the world is the Norilsk Nickel Mine in Russia and if sanctions go into effect that in itself could drive nickel prices higher. Taking all of this into concideration, nickel looks like it could become the metal of choice and the flavour of the day for investors. For those looking at getting in on the ground floor of a junior of world class property, North American Nickel NAN has it's 100-per-cent-owned Maniitsoq nickel-copper-cobalt-platinum-group-metal project in southwest Greenland. News just this week was out letting shareholders know that the 2014 season has begun. This year there will be two drill rigs running and it is not to find out if there is nickel or not, this year is to define just how huge the deposit really is. Drilling over the past 2 years has pointed to what very well could become another Sudbury Basin or Voisy's Bay type deposit. Greenland being the last frontier and North American Nickel in on the ground floor could very well spell a lot of Ka Ching for investors this year. (Added note: I am long NAN stock)

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Up In Smoke
April 9.14

Back in the late 1990's after the Bre-X scandal, a lot of junior's were finding themselves with super low gold and silver prices and investors kind of turned off with metals. Some of these juniors proceeded to re-invent themselves into the tech and dot com boom that going on at the time. It seemed at the time that getting into whatever investors were chasing was the only way to survive. Today with a stagnant metals market and investors chasing everything but metal plays, a lot of these juniors are getting into legalized grow ops of pot. Some of these companies have seen there stock prices become 10 baggers overnight. Stocks sitting at 1 cent are seeing 25 cents, 50 cents and higher. LW Capital did a 1:5 rollback and then did an IPO and re-named itself Tweed TWD and then saw it's stock shot from 2 cents to almost 5 bucks in a matter of days. How long any of this will last and how many of these juniors will survive as pot growers is anyones guess. If your thinking of dabbling in these pot stocks I would stick with any juniors that are still hooked into the metals and mining and are just doing the pot thing as a way of diverification.

When it comes to diversifacation, Bayhorse Silver BHS is company that is looking at getting involved in the marijuana business but with a different twist. Bayhorse does not wish to be a grower but wishes to become a provider of services for the grow op industry offering services such as labs, growing equipment, buildings, permitting etc.

Other companies that are in the mining business but looking into grow ops are West Point Resources WPO, Satori Resources BUD and Westar Resources WER. It will be only a matter of time before one knows which companies will be able to survive. For those who have access to capital and investors and get a foot in the door, they should be able to do OK. At this point in time there is still a lot of legal mumble jumble and differences between jurisdictions.

Spring time brings a slow down to winter drilling and the Athabasca Basin is in a slow down at the moment so uranium stocks are not quite as active as they were just a few short weeks ago. However spring time brings the start of summer drill programs and news was just out this past few days about North American Nickel NAN in Greenland. This year is going to be big! Two drill rigs and these rigs are now ooking to just how big that deposit they been drilling into for the past two years realy is. Some talk says it could very well be just a big or even bigger that Voisy's Bay. NAN stock has been trading higher each day now and is just under the 40 cent mark.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

What's Hot??
Mar.3.14

Uranium stocks. That's what is hot and more specific is the stock of the players in the Athabasca Basin. These stocks have been on a real tear and are in the news almost daily. Seems it wasn't that long ago that uranium was a bad word, but now investors can't quite get enough of it. Some players like Fission FCU are seeing trading volumes in the millions on a daily basis. They have also seen their share prices up 30% + since the beginning of the year and winter drill programs are just getting started. Fission has several drills running in this region and has recorded some off the charts readings.

Fission is not the only player in this region. A lot of the other players have also seen their shares prices take off. NexGen NXE who has a large land package right beside Fission's Patterson Lake project has also turned out some spectacular results. NexGen is currently on a two drill, 6000 meter hole program. Just last month the company drilled 26.2 meters of highly anomalous radioactivity.

Other companies involved in the latest rush for uranium are Forum Uranium FDC, UEX Corp UEX, Denison Mines DML along with a few new comers such as Alpha Exploration AEX.

the key thing to keep in mind with these plays is that there is a high degree of risk but there is also a high degree of big time pay off. Some of the companies could very well drill up the right stuff and be primed for a take over by the likes of Cameco CCO whish too has seen it's share price take off almost 20% in the last few trading sessions alone. The stock is now at 52 week highs of $27 and change.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

Bottom Feeding Gold Stocks
Jan.30.14

With last years sell off of gold stocks followed by tax loss selling in December, a lot of fair value stocks got smashed to 52 week lows. Some of the more resilient ones have rebounded quite nice. Premier Gold PG was one that rebounded to see a nice 50% gain. Silver miner Endevour EDR also saw it's share price move up 50% this month. These are just 2 of the more known stocks that are traded and have good volumes behind them. However,there are some small stocks out there that have great upside potential as well. One of those small companies with big upside potential is Angel Gold ANG. During the last month of 2013 the company did a roll back of 1 new for 10 old which brought their float down to 7.5 million shares OS. I personally am not a fan of roll backs but in this case for those who are looking at getting in, now would be a great time.

The company has it's main work area in Columbia SA. Columbia is probably one of the worlds most mining friendly areas and it also has a very rich history of mining and gold in particular. Angel's main property portfolio contains the El Cafetal Gold Project, a target-rich property with a history of production from high-grade veins. This area already has some heavy weights close by. Companies like Anglo Gold, B2Gold, Teck and Seafield are just a few. The El Cafetal Gold Mine is a 135 hectare mine area. Gran Columbian Gold GCM which is the owner of the Marmato deposit in Marmato district located a few KM away, reports an NI 43-101 compliant measured and indicated resource of approximately 7,490,000 ounces of gold and 47,956,000 ounces of silver in a total of 245 million tonnes of material, with an average grade of 0.95 gpt gold and an average grade 6.09 gpt silver.

The company also has 2 other areas of interest. The Heliconia Project claim and the El Pino West. This solicited area lies immediately north of the concessions making up the Gramalote project (B2Gold/AngloGold joint venture) and is crossed by south-east trending faults similar to those believed to control the emplacement of mineralization at Gramalote. In April of 2012 B2Gold announced an updated resource estimate of 2.5 million ounces of gold in 97.1 million metrictonnes of material.

Trading volumes in Angel Gold ANG are fairly light but with only 7.5 million shares OS it would not take to many trades to make the stock move up. The 52 week high was $1.80 and the low was 5 cents. At 10 cents today this stock could very well be a 10 bagger or even more. Those who wanted out are pretty much out and the stock is now seeing a new group of shareholders who see upside value. (added note) At these prices I am long ANG

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

What's Hot In 2014
Jan.28.14

So far this year gold and silver has been hot. Miners like Premier Gold PG have seen close to a 50% gain since the end of 2013. Others like Semafo SMF are back to old 52 week highs almost.

Uranium stocks have also been quite active this year so far. There are rumors of a shortage of uranium coming on stream as Russia plans to build a lot of reactors and will not be exporting uranium as much. This leaves some of the juniors who are in uranium exporation quite busy out drilling for new finds. One of the busier areas of course is the Athabasca region of northern Saskatchewan where large companies like Cameco CCO have mines already. Some of the smaller explorers are seeing some good results from drilling. One of the major players with some of the hottest drill holes so far is Fission Uranium FCU. The company has been drilling hard in the Patterson Lake area and some of the results are very impressive. News from the company has been positive and regular and the stock price has seen about a 20% gain so far this year.

Fissions program is going to be a very exciting one to watch. Plans are for 30,000 meters worth of drilling using 5 diamond drill core rigs. So far all news has been upbeat and positive and the company owns 100% of the 31,000 hectar area they are exploring. There are other small players here also but Fission is the driver seat on this play and is the stock to watch.

As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

2013 In Review
Dec.26.13

For the most part, 2013 could be called a disaster when it comes to mining stocks. There are very few mining stocks that are not on 52 week lows at this time. This brings into question as we head into a new year, whether 2014 will be a continuation or will something happen out there that will spur a turn around in these markets.

Most people invest in metals and mining stocks as a way to protect and profit from bad things likes wars and bad economies. So since 2008 when the banking crisis happened and people are loosing jobs and homes and business was bad and going bust and there is talk of wars here and there and everywhere, you would think that gold would have been the place to be. Well it was until 2011 and since then nothing has improved with the metal and mining stocks and also nothing has improved with the economy and the jobs, the state of world affairs etc. The only thing that has improved in price is the the prices of homes in some areas, cars, food, gas and twitter stock.

This all leads back to the main question. What will happen in 2014? Well if you are still bullish on metals and mining stocks, there is some super deals out there. In fact you don't need to look at juniors any more. You can buy some proven producers for next to nothing. After looking at charts over the past few days I ask myself if some of these miners will rebound back to their 52 week highs? If so, there are a lot of 5 to 10 baggers out there. Companies like Allied Nevada ANV, Iamgold IMG, Detour Gold DGC are just a few of the miners who if their stocks returned back to 52 week highs will give you anywhere from 500%-1000% returns.

Smaller players like North American Nickel NAN, Asher ACN or Brixton Metals BBB who have good ground and great backing plus lots of loot in the bank will give investors huge returns down the road.

The above is just a sampling of what has happened over the past year and gives some insight into what could happen if there is a turn around. I remember back in the early 2000 area a company called Southern Era Diamonds was one year the worst stock to own and it had lost something like 90% of it value. The following year it was a turn around star and became a Bay Street darling being the one stock to own. Everything runs in cycles and all cycles go around. The only place from bottom is the top.

Wishing everyone the best in 2014. As always, use Due Diligence and see our Disclaimer and be sure to sign up for our free news letter located on the right hand side of this page.

GAdams

To view older articles 2010 - 2011 - 2012 - 2013 - 2014

Investor Clicks Financial Advertising

The Financial Ad Trader - free advertising

Investor Clicks Financial Advertising

Investor Clicks Financial Advertising