Teryl Resources Corp. (TSXV: TRC) operates within the intelligent realm of closeology and superlatives in Alaska and Arizona. By closeology I mean, of course, that the company is exploring for gold and copper very close to existing or previously producing mines. By “superlative” I mean that these mines are exceptionally large and profitable.
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Kootenay Gold (TSX.V:KTN) is a company with a sound strategy for dirt, explosives and gold. Notice how the company describes its approach: To create generative exploration discoveries, establish junior venture partnerships and acquire advanced stage projects.
Clearly, Kootenay is strategic in its effort to find minerals and see projects grow and flourish. Kootenay’s teams are actively exploring in BC and Mexico to find resources that could become a real resource and mine.
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There’s an old Venezuelan proverb that says “Join with good men and you will be one of them.” ValGold Resources’ (TSX.V:VAL) management team appears to have taken this piece of wisdom to heart as the company embarks on an ambitious drill program at the Chicanan West Complex located approximately 50km northwest of the Kilometre 88 gold camp in Bolivar State, Venezuela.
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Junior exploration company PMI Gold Corp. (TSXV: PMV) has added a fourth past producing mine to its portfolio in Ghana’s famous Ashanti Gold Belt. The new concession is located just twenty kilometers away from Anglogold Ashanti’s 55 million ounce Obuasi mine and is within southwest Ghana’s Golden Triangle, which has combined current reserves and historical gold production of over 170 million ounces.
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Commerce Resources is developing what may very well be newest domestic source of tantalum and niobium in North America. The company has just raised $32.7 Million in a financing that will see it continue to develop resources at its 100%-owned Blue River Tantalum-Niobium Project.
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Montello Resources (TSX.V:MEO), an oil and gas exploration firm based in Calgary, Alberta, potentially has a very big problem on its hands. It’s the kind of problem most junior explorers only wish they had.
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Africa, besides being the cradle of civilization, is also host to some of the world’s oldest and richest gold mines. Ngwenya Mountain in Swaziland hosts what is believed to be the world’s oldest mine, where early man mined hematite and specularite over 42,000 years ago.
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Claims are being filed and steps are being taken toward a class action to assist investors recover their losses after Brookstreet Securities reportedly advised its 500 brokers via E-mail that "disaster" had struck which could soon close the firm! Text of the firm's internal e-mail is as follows:
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The Blackstone Group is a leading global alternative asset manager and provider of financial advisory services yesterday started it's initial public offering (IPO). The Blackstone Stock Symbol is BX and its trading at NYSE is currently hot as the stock symbol BX has jumped 18 percent on IPO.
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The President of Mongolia, Nambaryn Enkhbayar, met with British Prime Minister Tony Blair and British Minister for Trade, Investment and Foreign Affairs, Ian McCartney on April 16th and 17th. On the agenda was discussion about Mongolia continuing to create favourable conditions for foreign investment, particularly in the mineral industry.
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The stock market has opened firm with the Bombay Stock Exchange benchmark Sensex rising by over 181 points on funds buying following the US Federal Reserve's decision to keep interest rates unchanged.
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I first started following molybdenum exploration companies closely when Sprott Asset Management become involved with Blue Pearl Mining and Roca Mines. Both companies have done exceedingly well, rocking the stock charts in a non-stop ticker tape parade, arguably since Sprott got involved.
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