April 15, 2020 - Bull Market News

The TSX-V drops minimum financing price to $0.01

Apr 15, 2020

In an effort to provide relief to companies seeking financing in the turbulent COVID-19 market, the TSX Venture Exchange recently made an important move, removing its 5-cent minimum price restriction for companies raising capital. For those that follow financings, it’s a game-changer. I’ve already counted 20 announced deals on the TSX-V that are priced below $0.05/share since the announcement. To get more details, I called up Brady Fletcher, the TSX-V’s managing director,...

Silver Investing: Eric Sprott: Gold and Silver are Obvious Buys Today

Apr 15, 2020

“I know for myself I think the obvious purchases today are gold and silver — the precious metals themselves,” said Sprott in a webinar. The coronavirus pandemic has left many investors wondering where to put their money, and in a webinar last week Canadian billionaire Eric Sprott provided some suggestions. Speaking during a Grit Capital event called Masters of Mining, Sprott discussed why he’s positive about physical gold and silver, plus gold’s price potential this year and his...

INN Daily: Frank Holmes: Peak Gold is Here, it’s Time to Take Advantage

Apr 15, 2020

The veteran investor believes that the current market presents an opportunity for investors to diversify and bolster their portfolios. The price of gold rocketed 3.8 percent over the long weekend, climbing from US$1,680 per ounce last Thursday (April 9) and opening as high as US$1,745 on Tuesday (April 14) morning. Massive job losses in North America and seemingly never-ending stimulus packages have contributed to the yellow metal’s allure since the beginning of the month. Since April 1, gold...

ALX Resources Corp. Announces Results of 2020 Winter Drilling at Falcon Nickel Project, Northern Saskatchewan

Apr 15, 2020

April 15, 2020 Vancouver, April 15, 2020 – ALX Resources Corp. (“ALX” or the “Company”) (TSXV: AL; FSE: 6LLN; OTC: ALXEF) is pleased to announce analytical results from the 2020 winter drilling program at its 100%-owned Falcon Nickel Project (“Falcon”, or the “Project”) located in the northern Athabasca region of Saskatchewan, Canada. Three holes were drilled for a total of 600 metres. Nickel-bearing sulphide mineralization was intersected in two of the three holes, which...

TheDailyGold: Potential Upside in Juniors in First 6 Months?

Apr 15, 2020

Good morning to you. What took place over a year during 2008-2009 has basically occurred in only 7 weeks this time around. I am talking about the crash in precious metals, the false breakdown and now the impending breakout in GDX. Anyway, GDX tested multi-year resistance on Tuesday and sold off. If and when it breaks above this 7-year base, look out. Gold is approaching multi-year resistance at $1800. So, these are levels at which the vertical rebound could pause or even correct. In...