Silver Stocks Charts, News, Reports and Quotes
It looks like gold broke out of its downtrend, but this could be a false breakout (as seen by the price action on Friday), while silver remains in a short-term downtrend. We will have to wait and see. $AEM, $AGI, $AZT, $CDE, $DPM, $EGO, $EQX, $KGC, $KL, $KUYA, $LIO, $MAG, $VZLA, $AUY
David Morgan & John Miniotis explain where they see the market right now.
Endeavour silver signed an agreement to acquire a primary gold asset in Nevada. The company entered into a definitive agreement with Canamex Gold to acquire the Bruner Gold project for $10m in cash.
“We are pleased to add an advanced stage precious metals exploration property to our project pipeline. Bruner represents a good start on building an attractive gold-silver portfolio in Nevada and should be an accretive acquisition for our five-year strategic plan..
Companies covered: $AGI, $USAS, $AYA, $CXB, $DSV, $EGO, $AG, $F, $GATO, $GCM, $HL, $HSTR, $KNT, $KRR, $KL, $LUG, $NGD, $OR, $SLVR, $TFPM, $VGCX
Near-term potential catalysts that could send the metals soaring is the June CPI number, although this would likely have to be the highest year/year print this year, exceeding last month’s 5.0% increase. If we see June inflation increase.. $AR, $AYA, $BRC, $CXB, $DPM, $ELE, $EXK, $GATO, $GCM, $KL, $LIO, $MUX, $NVO, $ORV, $ODV, $SAND, $TXG
With 63 Metres at 3.8 g/t Gold-Equivalent, Including 8 Metres at 10.6 g/t Gold-Equivalent in Oxides. Updated mineral resource and P.E.A. coming in Q3 and Q4.
$BSR, $EQX, $FSM, $ROXG, $ODV, $MGR, $MMX, $NFG, $RSLV, $RGLD, $SAND, $WM
The summer doldrums are in full force, with material news flow lagging relative to other parts of the year. Companies covered this week: $BTR, $KOR, $DSV, $EQX, $GBR, $KGC, $LAB, $MGM, $MAI, $NFG, $ODV, $SVM, $VZLA
Gold & silver smashed for no fundamental reason, resulting in a blood bath for gold stocks. It is completely unfounded as the Fed remains extremely accommodative with inflation weighing on consumers.
Subscribe to Silver Stocks Charts, News, Reports and Quotes
