I’ve been to about a decade of Vancouver Resource Investment Conferences, the big Cambridge House BC mining convention that runs every year around this time and, for much of that decade, the mood has been fairly dour.
Since our last dose of bullish commentary a few sessions back, the precious metal is still consolidating its dramatic gains registered earlier in the summer, but is in the process of testing higher ground, trading near the top of its range.
Close-ology is a mining term used to describe companies that are close to another company that is running red hot, and may justifiably make the case that they can be hot too. For some, like serial ring-staker Ryan Kalt, close-ology is a business model. The moment someone announces they've found something interesting in Dildo, Newfoundland or Punkydoodle Corners, Ontario, Kalt's crew hops on their laptops, busts out the credit card, and register claims all around it, sometimes without ever having walked the land.
The Green Revolution – a handful of undervalued Green Metal ExplorerCos for your consideration (CBK.C, DEFN.V, CEY.V, ROCK.V)
The Green Movement, a push that is gaining momentum around the globe spurred by zero-carbon climate warriors like Greta Thunberg, is all about meeting power demands through clean, renewable, and zero-emission energy sources.
Falcon Gold (FG.V), a company we featured in some detail a few months back, has been busy positioning itself in a region known as the High-Grade Gold Capital of the World—the Red Lake Mining Camp of Ontario.
Mining is integral to our society and will be even more important as we move deeper into the information age and the world of alternative energy. Energy metals will be in high demand, but rather than open another mine, we have tonnes of minerals languishing in landfills just waiting to be extracted.
Rockridge Resources (ROCK.V) is likely champing at the bit, anxious to mobilize another drill rig to its vastly underexplored Knife Lake project in mining-friendly Saskatchewan.
Rockridge Resources (ROCK.V) tables first resource at Knife Lake, prepping to hit the ground running
Rockridge Resources (ROCK.V) just announced its inaugural NI 43-101 compliant resource estimate for the high-grade Knife Lake copper-zinc-silver-cobalt deposit in Saskatchewan.
Rockridge Resources (ROCK.V) is an exploration company focused on acquiring, exploring & developing mineral resource properties in Canada.
Epstein: First Cobalt (FCC.V) Starts Study to Enhance Refinery Economics & Invests in eCobalt Solutions
The Cobalt price continues to languish below US$20/lb. This is an unexpected development given that last year the price was at or > $40/lb. for much of March, April & May. In speaking with experts and reading industry analysis, the consensus is that the Cobalt price could settle in the $20-$25/lb. range later this year. I agree, that seems to be a sweet spot where end users are comfortable and the better quality Cobalt juniors can get financed.
In the few short weeks that we’ve been covering Rockridge Resources (ROCK.V), the stock has put on a pretty good show, and rightfully so.
In our maiden article featuring Rockridge Resources (ROCK.V), we explored every aspect of the company, from management pedigree to geological merit: