Argentina Lithium secures US$90M investment from Stellantis
Preamble — 31.5 million shares of Argentina Lithium (TSX-v: LIT) / (OTCQX: PNXLF) traded in Canada alone in the eight days to Oct. 6th. Shares tripled to an intra-day high of $0.60 the day it was announced that Stellantis would … Continued
If you’re gonna panic, panic first! Skyharbour Resources enjoying a soaring uranium price
The uranium spot price has soared to US$71.00/lb. from $49.75/lb. six months ago, up +43% to a 12.5-year high. While reports of panic buying by utilities are probably exaggerated, demand is outpacing readily available supply. Previous bull markets have shown … Continued
Thesis Gold, built to be sold at a much higher valuation
Are we at the beginning of a multi-year M&A binge in the precious metals sector? The gold price at US$1,935/oz. is within 7% of its all-time nominal high. In a giant US$18 billion deal, Newmont is acquiring Newcrest, in part … Continued
Element 29
Chile’s copper (“Cu“) production continues to come under pressure. For example, Codelco, the world’s largest Cu company, recently announced a guidance revision of 5% to below last year’s level, which was -7% from 2021. Look at the clear trend line … Continued