Magna Gold Corp. (MGR:TSX.V; MGLQF:OTCQB) announced in a news release “the payment of US$5,000,000 to Argonaut Gold Inc. (Argonaut) in relation to the acquisition of the San Francisco Mine.” The company stated that according to the final terms outlined in the amended San Francisco Mine buyout agreement dated...
Continue reading » May 15, 2021 admin Magna Gold 1 Comment (Note: This is a not a complete list on all drill stories I own) Eloro Resources is drilling with 3 (soon to be 4) rigs. Expectations: I think the market is underestimating what the company has already hit. With that said it can get swingy...
Continue reading » May 14, 2021 admin Gold & Silver Stocks 8 Comments A DISCUSSION ON WHAT CONSTITUTES VALUE IN AN EXPLORATION STOCK THAT DOESN’T HAVE A RESOURCE ESTIMATE Erik Wetterling, Founder of The Hedgeless Horseman joins me to share a couple of the stocks he likes that have been bifurcating from the rest of the PM junior...
Continue reading » May 13, 2021 admin Kereport No Comment Tombill Mines (TBLL.V) is a company which has only been publicly listed since December of last year. It’s a junior explorer that is currently exploring the natural extension of the huge >11.5 Moz Hardrock Project which Equinox Gold Corp recently acquired 60% of. I own...
Continue reading » May 13, 2021 admin Tombill Mines No Comment VANCOUVER, BC, May 12, 2021 /CNW/ – Defense Metals Corp. (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) (“Defense Metals” or the “Company”) is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares (“Common Shares”) and warrants to purchase common...
Continue reading » May 13, 2021 admin Defense Metals No Comment May 13th, 2021, Kelowna, British Columbia – Enduro Metals Corporation (TSXV: ENDR OTCQB: ENDMF FSE: SOG-FF) (“Enduro Metals” or the “Company”) is pleased to report assay results from 4,516m drilled in 17 diamond drill holes completed along the McLymont Fault during the 2020 exploration program at Newmont Lake. The McLymont Fault is 1 of...
Continue reading » May 13, 2021 admin Enduro Metals No Comment TORONTO, May 13, 2021 /PRNewswire/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”) is pleased to announce a non-brokered private placement of CAD$10,000,000 secured convertible debentures (the “Debentures”) with Delbrook Capital Advisors Inc. (“Delbrook”) on behalf of funds managed by Delbrook. The Debentures mature in 24...
Continue reading » May 13, 2021 admin Magna Gold No Comment It’s time for some lessons… I wrote the following on April 12 in a piece titled “Three High Octane Exploration Stories: Prosper Gold, Labrador Gold & NuLegacy Gold” (Labrador Gold was trading at $0.54/share at the time) FWIW it looks like the share price has...
Continue reading » May 12, 2021 admin Investing Strategies, Labrador Gold 6 Comments The three companies with IMO the highest absolute potential that I currently own are; Novo Resources 13,000 km2 of Pilbara + Equities Eloro Resources Iska Iska, confirmed discovery Eskay Mining Lion’s share of the Eskay Creek district, confirmed discoveries What I find particularly interesting is...
Continue reading » May 12, 2021 admin Gold & Silver Stocks, Horseman's Portfolio 4 Comments Vancouver, BC, May 11, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, OTC: NFGFF) is pleased to announce the appointment of Mr. Douglas Hurst as a Director of the Company effective immediately. Mr. Hurst was part of the founding group of Newmarket...
Continue reading » May 11, 2021 admin New Found Gold No Comment 
