Drilling significantly expands L65 deposit at Pine Point

Aug 10th, 2017 | By brinvest | Category: AaronsBlog

Pine Point Mining Limited (TSX VENTURE:ZINC) (the “Company“) is pleased to announce that the portion of exploration designed to expand the existing resource at the L65 open pit deposit at its Pine Point project in the Northwest Territories has significantly expanded the potential size and grade of the deposit. A total of 56 holes for a total of 5,906 metres have been drilled at L65 so far in 2017, in addition to the 29 holes previously drilled by former operators ... [more]

The One Asset Trump is Crushing

Aug 8th, 2017 | By brinvest | Category: AaronsBlog

Everything seems to be going up but the U.S. dollar (with the exception of Friday’s trading). The Dow Jones cleared 22,000, and other US indices broke to new all-time highs this past week. Copper hit fresh 2-year highs, and gold exploded to $1,273.60 an ounce Wednesday. These price movements are because of a falling U.S. dollar. In fact, the U.S. dollar, when compared to a basket of its peers, is down roughly 8% thus far in 2017 – its worst ... [more]

Garibaldi Resources Trades 1.6 Million Shares

Aug 5th, 2017 | By brinvest | Category: AaronsBlog

Garibaldi Resources (GGI: TSXV) is carrying nearly a dozen members into rare air; after just four trading days in August, a single stock has transformed the monthly Challenge. Only a few members in the Top 20 did not select Garibaldi. Garibaldi rallied 27.27% on nearly 1.7 million shares traded Friday. The junior company announced a Large New Surface Discovery at it’s E&L Project on the 27th; hence, the market continues to be in price discovery mode. Breakouts of this nature ... [more]

OncoMed Pharmaceuticals Rebounds 21%

Aug 4th, 2017 | By brinvest | Category: AaronsBlog

OncoMed Pharmaceuticals (OMED: NASDAQ) gapped up 21.10% Thursday to close at $3.73 per share. The increase in share price was enough to capture the Daily Stock Challenge Breakout award. OncoMed is a clinical-stage biopharmaceutical company focused on discovering and developing novel anti-cancer therapeutics. The company has had a terrible year from a price performance standpoint. OncoMed’s shares have fallen from a high of $12.71 to a recent low of $2.91. However, “the company could be eligible to receive approximately $1.5 billion ... [more]

Katanga Mining Rises 28.30% Day 1 of August Stock Challenge

Aug 2nd, 2017 | By brinvest | Category: AaronsBlog

Katanga Mining (KAT: TSX) shot up 28% on major volume of 5.5 million shares traded Tuesday. Copper is trading near a 2-year high as investors come back to base metals. Long-time member ‘funtime‘ selected Katanga for August’s Stock Challenge. So, his combined average return was third best overall on the day – totaling 16.28% on the day. Katanga Mining has had a very up and down past few years as critics and delays hampered the company’s key asset. Today, ... [more]

7 Reasons Investors Lose Money Buying TSX Venture Stocks

Aug 1st, 2017 | By brinvest | Category: AaronsBlog

I hear it a lot… The small and micro-cap market in Canada, dominated by the TSX Venture, is rigged in favor of brokers and promoters. But that’s just crap. It’s an inherently risky market, predominantly made up of pre-revenue companies, but it’s the furthest thing from rigged. In fact, it’s probably the most regulated small or micro-cap exchange on the planet, with stringent listing requirements. But when some investors lose money, they look to lay blame. For retail investors, there are ... [more]

MrPhilly2 Wins July on Saddle South High-Grade Gold Discovery

Aug 1st, 2017 | By brinvest | Category: AaronsBlog

MrPhilly2 picked a sleeper that turned into a gusher as investors chased GT Gold to new all-time highs in July. MrPhilly2’s combined average return settled at 99.16% – a most impressive return given the time of year. In a story published earlier this month, we wrote, “There is a saying we like to use often at Pinnacle that goes “Nothing Pays Like Discovery”. Well, GT Gold’s latest drill results, followed by the rush of eager investors into its shares today, prove ... [more]

Diversity on the TSX Venture is Astonishing

Jul 29th, 2017 | By brinvest | Category: AaronsBlog

From drone companies, to fish farmers, solar deals and small IT firms, the TSX Venture is diverse. The Venture is where ideas take flight and money moves in tandem with promotion and results. Because many TSX Venture stocks are guaranteed to ultimately fail and collapse in value, the variety only increases the risk. Likewise, Epicore (EBN: TSXV) is a perfect example of the diversification that exists on the Venture. The company is involved in shrimp farming and natural science-based tactics designed ... [more]

Senior Gold Producers Shine in Q2

Jul 28th, 2017 | By brinvest | Category: AaronsBlog

A number of senior gold producers beat estimates for the second quarter Thursday. Probably the biggest decrease in all-in sustaining costs came from Goldcorp. The company reported,

“Gold production of 635,000 ounces at all-in sustaining costs (“AISC”) of $800 per ounce, compared to 613,000 ounces at AISC of $1,067 for the second quarter of 2016(1).”
Furthermore, Goldcorp projected aggressive growth for the coming 5 years,
“Portfolio optimization continues to drive increasing net asset value (“NAV”) per share. The Company’s plan to deliver
... [more]

Copper Explorers Rush Ecuador | Price Moves to 2-Year High

Jul 27th, 2017 | By brinvest | Category: AaronsBlog

Despite the U.S. dollar weakening and the Canadian dollar rising, commodity stocks are still lagging. Probably, this has to do with the seasonality of late-July; particularly on an exchange that goes to sleep most summers. Also, with US equities hitting new highs daily, few contrarians are betting on junior mining stocks. Copper explorers continue to catch a serious bid as the price of the world’s best known base metal moves higher. Copper is outperforming many metals at the moment and ... [more]