Nestled between the Pacific Ocean and the Caribbean Sea, the small Central American nation of Nicaragua has experienced political turmoil for nearly two hundred years. Whether at the hands of American mercenaries of war in the 1850s, the U.S. marines from 1912 to 1933, or the US-backed Somoza Dynasty, which lasted from 1936 to 1979, […]
The gold price and related equities remain under pressure as 2020 comes to a close. It remains a frustrating period for many investors, despite the necessary consolidation taking place in precious metals. A perfect storm of epic stimulus and inflation fears took gold to record highs in 2020; now, many investors and speculators are concerned […]
Barrick, it seems, is becoming more profitable by the day. With gold above $1,900 for much of the past quarter, Barrick is benefiting from higher metal prices. Barrick’s Q3 US$3.54 billion in revenue, up from US$2.68 billion, surprised even the most bullish on the street. The gold market remains one of the best performing sectors […]
Our crew recently traveled to one of North America’s most famous gold camps: Ontario’s Red Lake Gold Mining District. Those who’ve driven through the Lake of the Woods in Western Ontario know the beauty this region beholds, particularly in fall. A medley of yellow, orange, and red leaves line the highway from Winnipeg to Red […]
In our January 19th, 2020 Letter, we introduced our client Calibre Mining (CXB: TSX), stating at the time that it was “the most fundamentally sound junior gold company we [had] ever introduced.” We went on to explain that Calibre Mining was a “multi-asset gold producer [in Nicaragua] with exploration upside potential and a first-class team.” […]