The Road To Triple Digit Silver
Joining SmallCapSteve today is Keith Neumeyer, President & CEO of First Majestic (TSX: FR) to share his thoughts on the junior mining industry, his thesis on silver, the road to triple-digit silver, and First Majestic’s secrets to success. First Majestic Silver Corp. is a Canadian silver-mining company that operates in Mexico and the United States. […]
Crude Oil Prices Could Reach US$380 Per Barrel Following Russia’s Potential Total Shutoff – Analysts
Oil prices could reach as high as US$380 per barrel should the sanctions war continue, which may lead to Russia cutting all of its energy exports to the West, JPMorgan Chase & Co. analysts warned. The Group of 7 nations is finalizing a plan to form a cartel-like mechanism to cap the price of Russian […]
Peter Schiff On Puerto Rico Suspending Euro Pacific Bank: “I Just Wanted Out”
Puerto Rico regulators are making a mistake by ordering Euro Pacific Bank to stop operations in the territory instead of allowing the financial institution to be sold, according to the bank’s owner Peter Schiff. “Despite no evidence of crimes, Puerto Rico regulators closed my bank anyway for net capital issues, rather than allow a sale […]
Aurcana Silver Sees Lender Move To Secure Flagship Asset
Aurcana Silver Corp (TSXV: AUN) is one of the biggest movers of the day, trading down as much as 66% to just $0.02 per share, following the late Thursday night news before the Canada Day long weekend that debt extensions would no longer be provided by its lender, Mercuria Energy Group. The company owes Mercuria […]
Vauld Becomes Latest Crypto Lender To Halt Withdrawals, Trading
It’s quickly beginning to look like the bull case for bitcoin at this point is simply that further selling cannot occur, due to so many exchanges halting trading, along with withdrawals and deposits. Another crypto entity, known as Vauld, has placed a pause on operations, preventing clients from conducting transactions on its platform. Vauld is […]
Flowr Corp Continues To See Executive Team Members Depart Company
The Flowr Corporation (TSXV: FLWR) continues to see members of management jump ship as the company struggles to find a path forward. The firm this morning indicated that two of its independent directors have resigned from the board. Leaving the board is Maurice Levesque, whom is lead independent director for the company as well as […]
Nevada Copper In Talks For US$50 Million Credit Facility Extension
It appears that Nevada Copper (TSX: NCU) might not be dead just quite yet after all, following its announcement that all mining had stopped at the firms Pumpkin Hollow operation as of July 1. The company may have found a source of additional capital, which would enable it to continue with its operations. Non-binding terms […]
Arctic Star: Is The Diagras Property A Diamond In The Rough?
The Canadian diamond mining industry has grown significantly in the 30 years since the discovery of diamonds near Lac de Gras in the Northwest Territories. Canada is now the world’s third largest rough diamond producer, accounting for 13.5% of 2019 worldwide production by volume and 12.5% by value, with diamond exports valued at $2.19 billion. […]
Kinross: BMO Lifts Target To $7.50 After Project Updates
On June 28, Kinross Gold Corporation’s (TSX: K) management provided an updated presentation on their Great Bear project and other U.S based projects and hosted a Q&A session. On the Great Bear project, Kinross’ management said that the company is “is making excellent progress and is on schedule to declare an initial mineral resource as […]
Big Coal? U.S. Supreme Court Rules That The Biden Admin Does Not Have the Power to Regulate Climate Change
The U.S. Supreme Court continues to issue landmark decisions which will dictate major changes in behavior and business practices that had been accepted for many years. Specifically, on June 30, the Court ruled 6-3 in favor of coal-producing states and sharply limited the Biden Administration’s ability to restrict carbon dioxide emissions, which are widely acknowledged to […]