just search on
Metanor intersects 10.1g/T Gold
and you will find the PR
I bot 50,000 today of MTO and Meaof, it is not easy to buy. Some brokers to not list either symbol.So had to but on USA and Canadian market. The PR does not show on Yahoo but they hit big rich vein 7 meters under surface by accident. Is it fluke? That is why bringing in 2nd rig.
Sentiment: Strong Buy
Stocks (INDEX: .SPX) pain has turned into gold's (CEC:Commodities Exchange Centre: @GC.1) gain.
Gold prices soared to a one-month high Thursday as fears of a global slowdown have investors seeking so-called safe haven assets like bonds and bullion. And according to Dennis Gartman , often referred to as the "commodities king," the rally in gold could just be starting.
"There's a real strength in the gold market when you look at it in non-U.S. dollar terms," the publisher of The Gartman Letter said Thursday in an interview with CNBC's " Futures Now ." "The difference is enormous."
Read More Here's my Fed commodity trade: Jim Iuorio
While everyone focuses on gold's move relative to the dollar, Gartman says the real story is what's happening around the world. Pointing to gold priced in euros and yen specifically, the CNBC contributor said that bullion has actually been outperforming. As he noted, in euro terms, gold is up 4.6 percent in the past two years and 6.7 percent over the past five years. Whereas related to the yen, it's up 4.8 percent for two years and 26.4 percent in five years.
Gold priced in the U.S. dollar, however, has failed to maintain its footing in recent months, having fallen 12 percent from its late January high and now tracking for its worst quarterly losing streak since 1997.
"[It's] been in a phenomenal, unending, malevolent bear market since November 2011," Gartman noted. Since that time, gold has fallen nearly 35 percent. "If you have owned gold in dollar terms it has been a terrifyingly bad trade."
Read More Commodities pain spreading, Caterpillar retrenches
For Gartman, owning gold relative to foreign currencies should be a no-brainer. "Why would you want to fund gold in a currency that has been strong when you can fund it in a currency that has been weak?" he asked. "Monetary authorities in Europe and Japan have been far more dovish [than the Fed ] and will continue to be far more dovish."
He believes gold could also benefit as th
Best Day for CLGRF is long time, big buyer instead of seller.
Ignore the close, 222,000 bot and was up most of day when rest of golds being killed. A 24 hour delay but the PR seems to have brought in a big buyer. On Monday it was 6,000 shares.
The bid was .458 so last trade of .45 further misleading. CLGRF had biggest buying interest in months.
NSU has like 3 times more cash than enterprise value
Market Cap (intraday)5: 585.36M
Enterprise Value (Sep 18, 2015)3: 131.40M
Trailing P/E (ttm, intraday): 8.47
Forward P/E (fye Dec 31, 2016)1: 24.42
PEG Ratio (5 yr expected)1: -0.96
Price/Sales (ttm): 1.19
Price/Book (mrq): 0.88
Enterprise Value/Revenue (ttm)3: 0.26
Enterprise Value/EBITDA (ttm)6: 0.51
452 million cash?? Where did that come from?
The reason it dropped was artificial, GDX removal, so management bot the artificial drop it appears.
Market Cap (intraday)5: 90.04M
Enterprise Value (Aug 29, 2015)3: 86.33M
Trailing P/E (ttm, intraday): 5.57
Forward P/E (fye Dec 31, 2016)1: 11.55
PEG Ratio (5 yr expected)1: N/A
Price/Sales (ttm): 1.09
Price/Book (mrq): 0.77
That is for last 12 months, of course much better now. CLGRF simply blows teh other miners away in terms of profits per dollar of stock.
Good to see. It was not me.
It did the same thing last year, exact same thing. Then gold dropped and CLGRF went from .20 to .60, tripled when rest of gold stocks dropped. So someone last year did not know what they were doing. Guess same this year.
Sentiment: Strong Buy
Hi light, I expect $1 with 1150 gold and $2 or more with 1400 gold, and felt that way a year ago when it was .15. JMHO
Yes that is it, people are scared, hence gold demand, but super scared people do not buy stocks
This is the 3 worst days for mkt in how long? Gold stocks doing the best of any sector, but down.
Extra $105 profit per oz for Claude. Even better that USD Gold climb, now $1158
goldprice dot org/gold-price-canada
Hi Mike, would you believe $1160 now? Gold is outperforming everything right now. That will be noticed by those out of gold.
Heard that public went short gold for first time in years, last week, and are covering.