Silver Stocks Charts, News, Reports and Quotes
$USA $EDV.to $EQX.to $FSM $FNV $WPM $KGC $MAX.to $OSK.to $PVG $NVO.V | America’s Gold and Silver Corp: Reported FY 2019 production of 5.8m AgEq oz, though only 1.2m oz. of that was actual silver ounces, the rest being base metals converted to silver equivalent. 2019 was a transition year for the company as it recapitalized and entered into a JV agreement with Eric Sprott for its Galena Complex. Having visited the site a couple times over the years, it is a solid smaller silver operation but…
Aurcana: Increased the previously announced non-brokered private placement from $4m to $5.76m and completed the second tranche. This will go toward underground development (and in turn, reducing cap-ex) to bring its principle asset (Revenue-Virginius) into production and ideally, the remaining capital investment will be funded via debt or at least in large part. While it is difficult to generate positive operating cash flow in the current silver price environment, due to the higher grade nature…
Companies covered in this weekly review:
$BTG $KOR.TO $EDV.TO $GCM.TO $MAG $SKE.V $AUY
MAG Silver: Construction of the world class Juanicipio silver project continues to progress. The underground mine will commence production ahead of schedule in mid-2020. Over 25km of underground development has been completed to date. There are slight capital-cost over-runs relative to the January 2018 estimate, now estimated at $440m ($194m attributable to MAG). The ramp up will take some time on this…
Silver is still in consolidation mode since early September, but it appears ready to rally over a sustained period of time.Below, is a chart of silver:On the chart there appears to have formed some fractals. The current one has also broken out at the black line recently (just after point C).As expected, price survived the test of the 50-day moving average, and is looking really bullish.If the comparison remains valid, then we can expect a massive rally over the coming months.This is consistent…
New Pacific’s Exploration Group is currently completing detailed geological and structural mapping and associated geochemical sampling on the wholly owned Silver Sand North Block which is located approximately two kilometres to the north of the Silver Sand deposit, including the recently acquired El Bronce Property (see the Company’s news release dated December 19, 2019 for details). The results will be utilized for subsequent target generation and initial drill testing.
At the Silver Sand…
“The Indiana project is particularly exciting for us because in addition to its potential to host significant gold resources, it has permits in place and nearby processing infrastructure that significantly contributes to the production viability of the project,” stated Brian McEwen, VP of Exploration and Development for Golden Arrow. “The area has many additional excellent project opportunities and Indiana can become the driver and supporter of our acquisition program.”
Kootenay President and CEO, James McDonald stated: "These next 6 months will be very exciting as we will have a steady flow of news from two drills at Columba while we follow up on the numerous high grades confirmed from the 2019 program. Not only that but we are preparing an inaugural drill program for our second high-grade vein property Copalito; expected to begin in the first quarter."
The Company has contracted GlobeXplore, S.A. de C.V. of Hermosillo, Sonora, Mexico to conduct the…
So I was fortunate to have David join me on the show and explain what’s happening. Explain how the imbalance is going to have to be resolved. And share what he’s now seeing in the platinum market, where the lease rate indicates a similar pattern might soon be underway.
Of course this does have the potential to filter over to the other precious metals markets like gold and silver. So to find out what’s happening from the man who forecast it over a year in advance, click to watch the interview…
Fortuna Silver, one of the stalwarts amongst primary silver producers is now in the transition phase from deriving roughly and equal amount of revenue from both silver and gold. Like so many primary silver producers over the last decade, the dearth of primary silver deposits (that which derives more than 65% of total revenue from silver) basically forced Fortuna to look at gold and gold development projects as the best way to grow.
Silver appears to be very close to an even bigger move higher. Most of the hard work of the double-bottom since 2015 is done.
The coming leg higher is the one that will likely take prices to all-time highs. Below, is a long-term Silver chart..
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