There are a number of companies looking for gold in Newfoundland. A significant discovery by New Found Gold at their Queensway property a few years back got the ball rolling. New Found Gold drilled a hole of 19 meters at 92 grams per ton and then followed it up with a drill hole of 18 meters at 124 gpt. Their market capitalization soared to $1.5 billion. New Found Gold has only … [Read more...]
Silver Lining In the Painful Precious Metals Markets?
The gold and silver markets have mostly sucked since the highs in the summer of 2020. The junior miners have been even more of a mess. But, for long term investors and speculators who have patience this may turn out to be a good thing. There are what seem to be some excellent values on the shares prices of many of the more exciting junior exploration plays. To name a few that … [Read more...]