Gold mining stocks remain one of the most undervalued sectors in the market. With a market cap of just $647 billion (less than 1/4 of Apple), the gold mining industry is poised for a revaluation.
Call me a cynic
But I believe the PPT, algorithms (however “they” coordinate the machinations of everything) already knew what today’s # was going to be (ergo, this morning’s smackdown), and they already know what Friday’s number will be……
Buygold
Copper cratering too.
Down almost 30 cents
Dog
ADP, GDP big misses
Dollar drifting down. Crimex playing defense?
Our biggest problem today will be a cratering SM.
Magna Mining Intersects 24.0% Cu, 1.2% Ni & 6.7 g/t Pt + Pd + Au over 2.0 Metres at Levack Mine
https://ceo.ca/@newsfile/magna-mining-intersects-240-cu-12-ni-67-gt
Pasofino Gold Announces Non-Brokered Private Placement for Gross Proceeds of Approximately C$5.0 Million
https://ceo.ca/@newsfile/pasofino-gold-announces-non-brokered-private-placement
1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West Zone at True North
https://ceo.ca/@newswire/1911-gold-intersects-6240-gt-au-over-100-m-on-san
Rackla Metals Receives Land Use Permit for Maiden Drill Program at the Grad Property, NWT
https://ceo.ca/@thenewswire/rackla-metals-receives-land-use-permit-for-maiden-drill
FORTUNE BAY ANNOUNCES PLANS FOR GOLD PROJECTS
https://ceo.ca/@newswire/fortune-bay-announces-plans-for-gold-projects
Eloro Resources Announces Restart of Definition Drilling Targeting Major Tin Discovery and High Grade Silver Zones at its Iska Iska Ag-Sn-Polymetallic Project, Potosi Department, Bolivia
https://ceo.ca/@GlobeNewswire/eloro-resources-announces-restart-of-definition-drilling
Emerita Files NI 43-101 Technical Report for the IBW Project, Marking a 35% Increase in Total Indicated Resources and a 44% Increase in Total Inferred Resources
https://ceo.ca/@GlobeNewswire/emerita-files-ni-43-101-technical-report-for-the-ibw
Probe Gold Intersects 12.3 g/t Gold Over 20.7 Metres in Infill Drilling at Novador Project, Quebec
https://ceo.ca/@GlobeNewswire/probe-gold-intersects-123-gt-gold-over-207-metres
Banyan Provides Update for 2025 Diamond Drill Exploration Program at the AurMac Project, Yukon, Canada
https://ceo.ca/@accesswire/banyan-provides-update-for-2025-diamond-drill-exploration
ORVANA SUBSIDIARY IN BOLIVIA REPORTS Q2 FY2025 FINANCIAL RESULTS
https://ceo.ca/@newswire/orvana-subsidiary-in-bolivia-reports-q2-fy2025-financial-5cd53
Fortuna renews share repurchase program
https://ceo.ca/@GlobeNewswire/fortuna-renews-share-repurchase-program-b9a99
Playfair Advances the Golden Circle Project
https://ceo.ca/content/sedar/PLY-2025-04-30-news-release-english-64ab.pdf
ASX Announcement – March 2025 Quarterly Exploration Results
https://ceo.ca/@newswire/asx-announcement-march-2025-quarterly-exploration
Power Metallic Expands the Lion Zone – Exceptionally High Copper & Gold Grade Kicks on Deep Eastern Margin of Zone
https://ceo.ca/@newswire/power-metallic-expands-the-lion-zone-exceptionally
Galantas Report Financial Results for the Year Ended December 31, 2024
https://ceo.ca/@GlobeNewswire/galantas-report-financial-results-for-the-year-ended
Austral Gold Files Q1 2025 Quarterly Activity Report
https://ceo.ca/@newsfile/austral-gold-files-q1-2025-quarterly-activity-report
Austral Gold Provides Update on Casposo Plant Refurbishment
https://ceo.ca/@newsfile/austral-gold-provides-update-on-casposo-plant-refurbishment
Mundoro Reports 2024 Financial and Exploration Summary and 2025 Outlook
https://ceo.ca/@newsfile/mundoro-reports-2024-financial-and-exploration-summary
Macdonald Mines Exploration Inc. Receives Final Court Approval for Transaction with Canuc
https://ceo.ca/@thenewswire/macdonald-mines-exploration-inc-receives-final-court
Perseus Mining March Quarter Report
https://ceo.ca/@GlobeNewswire/perseus-mining-march-quarter-report
Patagonia Gold 2024 Financial Results
https://ceo.ca/@GlobeNewswire/patagonia-gold-2024-financial-results
Acquisition of Gold Project in Quebec
https://ceo.ca/content/sedar/AUQ-2025-04-29-news-release-english-8997.pdf
NEW GOLD REPORTS FIRST QUARTER 2025 RESULTS
https://ceo.ca/@newswire/new-gold-reports-first-quarter-2025-results
Minnova Corp. Announces PL Gold Mine Restart Plans for 2025 and Updated Feasibility Study in 2026
https://ceo.ca/@newsfile/minnova-corp-announces-pl-gold-mine-restart-plans
New Found Gold Continues to Expand Queensway Gold Project at Depth: 38.7 g/t Au over 6.55 m at Dome and 10.3 g/t Au over 8.20 m at Keats South Deep
https://ceo.ca/@newswire/new-found-gold-continues-to-expand-queensway-gold-project
Fortitude Gold Reports First Quarter Net Income of $1.2 Million or $0.05 Per Share
https://ceo.ca/@accesswire/fortitude-gold-reports-first-quarter-net-income-of
Blue Lagoon Closes Final Tranche Of Financing – Fully Funded To Commence Production
https://ceo.ca/@thenewswire/blue-lagoon-closes-final-tranche-of-financing-fully
Renegade Gold Announces Amendments to Option Agreements
https://ceo.ca/content/sedar/RAGE-2025-04-29-news-release-english-5eca.pdf
Grizzly Announces Private Placement, Debt Settlement, and Provides Update on The Greenwood Precious and Critical Minerals Project
https://ceo.ca/@newsfile/grizzly-announces-private-placement-debt-settlement
SLAM Launches Gold Campaign
https://ceo.ca/@accesswire/slam-launches-gold-campaign
Vox Royalty Notes Inclusion of Hecla’s Libby Exploration Project in Fast-41 Critical Minerals Dashboard
https://ceo.ca/@accesswire/vox-royalty-notes-inclusion-of-heclas-libby-exploration
Kinross Gold 2025 Field Exploration Underway on Riley Gold’s PWC Gold Project (Cortez District – Nevada)
https://ceo.ca/@newsfile/kinross-gold-2025-field-exploration-underway-on-riley
SARAMA RESOURCES COMPLETES INITIAL EXPLORATION PROGRAM AT COSMO GOLD PROJECT
https://ceo.ca/content/sedar/SWA-2025-04-29-news-release-english-de89.pdf
Callinex to Advance its Gold Rich Point Leamington Base Metals Deposit in Newfoundland
https://ceo.ca/@newswire/callinex-to-advance-its-gold-rich-point-leamington
Pampa Metals Further Extends Porphyry Copper – Gold Mineralization to the Southeast at Piuquenes Central
https://ceo.ca/@thenewswire/pampa-metals-further-extends-porphyry-copper-gold
Magna Terra Retains Large Drill Ready Boleadora Project From Newmont
https://ceo.ca/@accesswire/magna-terra-retains-large-drill-ready-boleadora-project
Great Pacific Gold Continues to Monetize Australian Projects
https://ceo.ca/@newsfile/great-pacific-gold-continues-to-monetize-australian
Rio2 Provides Fenix Gold Mine Construction Update
https://ceo.ca/@GlobeNewswire/rio2-provides-fenix-gold-mine-construction-update-bcf44
Kirkland Lake Discoveries Consolidates Key Ground Around Winnie Lake Pluton
https://ceo.ca/@newsfile/kirkland-lake-discoveries-consolidates-key-ground-around
Orogen Royalties Announces Record Year End Financial Performance
https://ceo.ca/@accesswire/orogen-royalties-announces-record-year-end-financial-b88ff
AbraSilver Further Expands High-Grade Silver Mineralization Beyond JAC Boundary at Diablillos; Including 65.0 Metres Grading 162 g/t Ag
https://ceo.ca/@thenewswire/abrasilver-further-expands-high-grade-silver-mineralization
OUTCROP SILVER ADDS FIFTH DISCOVERY IN 12 MONTHS WITH GUADUAL DELIVERING 0.90 METRES OF 1,132 G/T AG AND 2.10 G/T AU (1,290 G/T AGEQ)
https://ceo.ca/@newswire/outcrop-silver-adds-fifth-discovery-in-12-months-with
GR Silver Mining Announces Temporary Plomosas Silver Project Field Work Pause
https://ceo.ca/@newswire/gr-silver-mining-announces-temporary-plomosas-silver
They’re just going by the playbook….
Wish I had a little more $ to nibble on a few things…..
Perhaps we also get the proverbial smack down after the jobs # this Friday…….
deer79 called it
The end of the month smackdown on the final day to take us below the 33’s
Oil is back below $60. Rates flat. Bitcoin up .7%, Dollar up a bit. PM shares down about 2%
There’s a ton of eco data today, GDP, PCE’s, ADP. No idea how that all shakes out.
Store shelves empty, mass layoffs, and a market crash?
If so, no doubt civil unrest to follow, although the demonrats will gives us that anyway.
Not just the UK
Nobody can be this stupid. Therefore they must be evil.
Light posting on holiday
Re UK government and messing with Sun…..don’t ask…..effwits incorperated is far too polite.
Mike Pento on silver
It’s inevitable. When it does break out it’s gonna catch people unaware and will be like trying to catch a train at full speed.
Michael Pento shocker Weeks away from empty shelves.
Although I did warn ” just in case ” get your medicine, Tylenol etc whatever now just in case.
Mikes been watching shipping.
He said we are weeks away from empty shelves and layoffs.
He thinks the market heading down soon. Hunter thinks we’ll have a mark up first before a crash.
I’m just watching to see if market trying to inch up to resistance above and see if it’s gonna be a dead cat bounce or a spring and summer rally.
I’ll add the link in a minute.
Good oh.
That should remove about 50 tons of annual gold production from the global equation.
There be Dragons
Burkina Faso to nationalise more industrial mines, PM says
Burkina Faso plans to take control of more foreign-owned industrial mines, its prime minister said, as the West African nation seeks a bigger share of revenue from its resources.
Like neighbours Mali and Niger, Burkina Faso is pushing for greater control over its resources and revised its mining code last year, creating a new state mining company, Société de Participation Minière du Burkina (SOPAMIB).
Ipso
There’s nothing for them to claim classified anymore than dropping a atomic bomb on a city to see the effects. Citizens have rights, wildlife needs protection including our food storage and resources and the ecosystem that sustains life . They need a short leash and fast. We know who it is, the environmental agency told to look the other way is just secondary but who are they taking orders from and for how much.
I don’t know if this will go through.
goldielocks @ 14:29
I think that’s exactly right. Many are compromised, some damaging or prison-time videos must exist!
Buygold
You’d think that RFKjr would be right on it but no … crickets! I hate seeing those trails up there.
Ipso
The ones at the top are compromised. Wanna get some answers go after them and see who they give up because other choice is them and what are they gonna do about it, who is gonna be accountable?
Ipso – thinking the same thing
Isn’t the UK sort of gloomy already? Who the heck allows them to spray? The government?
I noticed we’re still getting chemtrails here in Florida too. I thought RFK and Lee Zeldin of the EPA were supposed to stop that stuff?
Unbelievable the planes are allowed to get off the ground. This government is just too big to control.
goldielocks
Hard to believe!
Ipso
So the so called environmental protection agency doesn’t know what they are dropping from the air before they do it can harm or kill humans and wildlife? Playing stupid!
Perhaps this is helping today
Pakistan’s military says it shot down an Indian spy drone in the Kashmir region, soon after the country’s defense chief warned that intelligence shows an Indian army incursion is ‘imminent’.
2nd half
We found our footing yesterday. Little bigger hole today but somehow still holding the 33’s with the dollar fading a bit.