Guaranteed the HUI will now go back to 240.
BTG, AGI, SSRM, KGC, GROY (been beaten up badly)
Guaranteed the HUI will now go back to 240.
BTG, AGI, SSRM, KGC, GROY (been beaten up badly)
I suppose it’s too much to ask for us to trade inverse the SM.
My beloved HUI 260 is in jeopardy…crap
Silver Lake Resources grabs troubled Harte Gold
Australia’s Silver Lakes Resources (ASX: SLR) said on Friday it had won the bid for Harte Gold, whose sole asset is the three-year-old Sugar Zone mine in Ontario, Canada.
The announcement comes only days after a second potential, anonymous buyer for the troubled gold miner emerged.
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The deal comprises $74.5 million in credit to the buyer, reflecting the value of loans Harte owes the South Perth-based miner. It also involves nearly $22 million out of the money hedge book and accounts associated with the operation of the Sugar Zone, the issuing of Silver Lakes shares at an estimated value of $28 million, and a small cash consideration of up to $3 million, the companies said.
Silver Lake has also entered into an agreement to acquire a combined 2% net smelter royalty on the entire Sugar Zone property, for $22-million payable in Silver Lake shares. The transaction is subject to the successful acquisition of Harte Gold, it said.
more https://www.mining.com/silver-lake-resources-grabs-troubled-harte-gold/
At least 17 dead after explosion in Ghana mining region
ACCRA (Reuters) – At least 17 people were killed and scores injured when a truck carrying explosives to a gold mine in western Ghana collided with a motorcycle, setting off an explosion that flattened a rural community, the government said on Friday.
Tulsi Gabbard Blasts “Warmongers” Taking US Toward “Destruction Of The World” Over Ukraine
Former US congresswoman Tulsi Gabbard is once again calling out the US hawks’ rush to escalate toward military confrontation with Russia over Ukraine. The Iraq War veteran and reserve officer who also became well-known for exposing the dirty war on Syria said in a Thursday video message posted to Twitter that confrontation between “two nuclear armed powers” can only end in “the destruction of the world and life as we know it.”
She deplored during the clip taken from a recent news appearance that the unhinged and dangerous jingoism is coming primarily from “warmongers” currently in office, who are now “influencing the decisions that are being made by this White House.”
will they allow it to fall on a Friday?
Eric Sprott Announces Disposition of Holdings in Benchmark Metals Inc.
https://finance.yahoo.com/news/eric-sprott-announces-disposition-holdings-220500774.html
Great Bear Announces the Filing of its Management Information Circular in Connection with its Special Meeting to Approve Acquisition by Kinross
https://finance.yahoo.com/news/great-bear-announces-filing-management-022500186.html
Rupert Resources Reports Results for 3 and 9 Months Ending November 30, 2021
https://finance.yahoo.com/news/rupert-resources-reports-results-3-115500221.html
Benton and Sokoman Initiate Drill Program at the Kraken Lithium Prospect on the Golden Hope JV; Spodumene-bearing Pegmatite Encountered in First Hole
https://finance.yahoo.com/news/benton-sokoman-initiate-drill-program-120500238.html
Summa Silver Corp. Announces $6,000,000 Brokered Private Placement Financing of Units
https://ceo.ca/@nasdaq/summa-silver-corp-announces-6000000-brokered-private
New Orogenic Gold Discovery by Goldplay at Goldstorm South Project, BC Returns 21.8 g/t Au
https://ceo.ca/@accesswire/new-orogenic-gold-discovery-by-goldplay-at-goldstorm
Tarachi Gold Files Magistral PEA Technical Report on SEDAR
https://ceo.ca/@newswire/tarachi-gold-files-magistral-pea-technical-report-on
Red Pine Extends Mineralization 140 m Down-Dip of the Current Surluga Resource
https://ceo.ca/@nasdaq/red-pine-extends-mineralization-140-m-down-dip-of-the
Pretivm Securityholders Approve Acquisition by Newcrest
https://ceo.ca/@newsfile/pretivm-securityholders-approve-acquisition-by-newcrest
Should be!!
Gold trying hard to hold 1840. I think today is OpEx, maybe $1840 is the line in the sand.
edit: USD looking pretty weak, hopefully will prevent us from getting sold too much.
Netflix down 20% on earnings miss.
Someone tell me this is not similar to the Dot.com bubble bursting?
All earnings are sold whether good or bad.
They’ve already sold their UST’s
Friday’s $590 million open interest Options Expiration is likely not helping…
I guess for us it’s all eyes on HUI 260. Will 260 become support, or will the breakout become a big fakeout? We ‘ve seen that enough over the years.
I like our chances to move higher today, especially in the face of Bitcoin taking a header.
Fed Meeting next week though.