Loading ...FWIW, have earnings out tomorrow. Consensus estimate for the quarter is .09….
Ipso mentioned this
Thought it was interesting to note the premium paid for Osisko Mining ( by Gold Fields). Its an all cash deal that values Osisko’s shares at $3.63 per share. Granted that the stock, for the past year, has been in a pretty narrow range between @$1.80 and $2.40….
If you take the upper range, it’s about a 30-35% premium……..Food for thought…..
Interesting start
PM’s strong but so are platinum and palladium. Huh.
Shares strong even with the SM a little weak and the dollar up.
Can we hold on to the unexpected?
IAG
also beat earnings and is up some 4.5%…..
Silver seems to be the perpetual “punching bag.”
9 am hour
The half hour of premarket destruction. SLV was up $.54, now up $.29. GLD about the same, so they haven’t hit that just yet. Shares still holding, EXK getting obliterated, down 14%
Barrick (GOLD) is the big winner up 3% this am after having beat on earnings by $.05. Should help the HUI unless the metals collapse. Fingers crossed that the metals hold up.
The dollar is creeping up a little. Blame that.
Trailbreaker Expands Watchtower Zone Gold Anomaly to 350m x 200m Along a 3km Gold Trend at Castle Rock Property
https://ceo.ca/@globenewswire/trailbreaker-expands-watchtower-zone-gold-anomaly-to
Great Quest Announces Upsizing of Private Placement and Closes Order Book
https://ceo.ca/@businesswire/great-quest-announces-upsizing-of-private-placement
First Four Holes At Treasure Island All Hit Abundant Sulphide Mineralization In VMS Type Targeted Zones, Including Up To 9.8 Meters Of Quartz, Stockwork And Breccia Hosting Massive Chalcopyrite & Pyrite
https://ceo.ca/@globenewswire/first-four-holes-at-treasure-island-all-hit-abundant
GOLD FIELDS ACQUIRES OSISKO MINING, CONSOLIDATING OWNERSHIP OF THE WINDFALL PROJECT AND SURROUNDING EXPLORATION DISTRICT
https://ceo.ca/@newswire/gold-fields-acquires-osisko-mining-consolidating-ownership
West Red Lake Gold Intersects 107.61 g/t Au over 2.5m at Austin and 106.99 g/t Au over 2.35m at McVeigh – Madsen Mine
https://ceo.ca/@globenewswire/west-red-lake-gold-intersects-10761-gt-au-over-25m
Endeavour Silver Reports Guanacevi Primary Ball Mill Trunnion Failure
https://ceo.ca/@globenewswire/endeavour-silver-reports-guanacevi-primary-ball-mill
WESTERN COPPER AND GOLD PROVIDES PROJECT UPDATE
https://ceo.ca/@newswire/western-copper-and-gold-provides-project-update
Dryden Gold Intercepts Strong Mineralization Including Visible Gold at its Gold Rock Project
https://ceo.ca/@newsfile/dryden-gold-intercepts-strong-mineralization-including
i-80 Gold Announces High-Grade Results from Underground Drilling at Cove
https://ceo.ca/@newswire/i-80-gold-announces-high-grade-results-from-underground-57d2b
Barrick Declares Q2 Dividend and Buys Back Shares
https://ceo.ca/@globenewswire/barrick-declares-q2-dividend-and-buys-back-shares
Caledonia Mining Corporation Plc Results for the Quarter ended June 30, 2024; Details of Investor Presentation
https://ceo.ca/@globenewswire/caledonia-mining-corporation-plcresults-for-the-quarter-ce756
Quebec Precious Metals to Issue Shares in Payment of Services and Deferred Share Units
https://ceo.ca/@accesswire/quebec-precious-metals-to-issue-shares-in-payment-of-20e1a
Ascot Reports Second Quarter 2024 Results
https://ceo.ca/@globenewswire/ascot-reports-second-quarter-2024-results
Perpetua Resources Announces Second Quarter 2024 and Recent Highlights
https://ceo.ca/@newswire/perpetua-resources-announces-second-quarter-2024-and
Comet Announces Closing of Transaction with Troilus Gold
https://ceo.ca/@newswire/comet-announces-closing-of-transaction-with-troilus
Filo Reports Q2 2024 Results
https://ceo.ca/@newswire/filo-reports-q2-2024-results
EMX Royalty Announces Closing of Its Previously Announced Credit Agreement for a $35 Million Loan with Franco-Nevada Corporation
https://ceo.ca/@newsfile/emx-royalty-announces-closing-of-its-previously-announced
Gold Springs Resource Corp. Files Q2 2024 Financial Statements and MDA
https://ceo.ca/@newsfile/gold-springs-resource-corp-files-q2-2024-financial
New Destiny Mining – Drilling Update: Holes TMN24-02 and TMN24-03 at Treasure Mountain Silver Property, Hope BC
https://ceo.ca/@newsfile/new-destiny-mining-drilling-update-holes-tmn24-02
Harfang Agrees to Acquire NewOrigin to Consolidate Casa Berardi Trend Assets in Ontario
https://ceo.ca/@globenewswire/harfang-agrees-to-acquire-neworigin-to-consolidate
International Tower Hill Mines Files 2024 Second Quarter Financial Results
https://ceo.ca/@newswire/international-tower-hill-mines-files-2024-second-quarter
Spanish Mountain Gold Commences 2024 Exploration Program
https://ceo.ca/@newsfile/spanish-mountain-gold-commences-2024-exploration-program
Gold Basin Announces Shares for Debt Transactions and Provides Updates
https://ceo.ca/@thenewswire/gold-basin-announces-shares-for-debt-transactions-and
Talisker Increases Private Placement to up to $2.3 Million
https://ceo.ca/@globenewswire/talisker-increases-private-placement-to-up-to-23
Canada’s Barrick Gold reports Q2 profit beat on higher output, prices
IAMGOLD Second Quarter 2024 Earnings: Beats Expectations
Equinox Gold Corp. Just Beat Earnings Expectations: Here’s What Analysts Think Will Happen Next
B2Gold Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Wheaton Precious Metals Second Quarter 2024 Earnings: Misses Expectations
Silver up?
Silver up 2% this am, gold up $10. Still a couple hours from the 9 am selling but surprisingly strong.
Oli up 1% approaching $78, Bitcoin up 1% around $59K (down from $61 over the weekend), SM up a smidge, Dollar up the same, 10 yr. up a bip. Something for everyone I guess.
First time in a while silver has been stronger than gold. Silver at the highs of the overnight session, gold just off by a couple bucks.
Shares are lukewarm, most are up 1/2 to 1%. Barrick up 2%. No indication from the shares that we’ll have a raging rally at this point.
EXK taking it on the chin with some mill trunnion failure. What a business, impossible for these guys.
No new war this weekend from Iran. That’s good.
Hopefully we’ll hold and have a decent start to the week.
