Third Party > Today’s article from Kimble Charting Solutions notes that the Silver rally is approaching a crossroads and is at “triple breakout resistance”. If Silver can continue to rally, it could break out of a 2-1/2 year falling channel. This would be very bullish, not just for Silver, but also for Gold and the Precious Metals sector.
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
AbraSilver (TSX: ABRA) is progressing its 100%-owned Diablillos silver-gold project in Argentina, following a Pre-Feasibility Study (PFS) and successful equity financings totaling $58.5 million. The Diablillos project includes a Proven and Probable Reserve of 124 million silver ounces and 1.1 million gold ounces, with an after-tax NPV of US$747 million and a 27.6% IRR. AbraSilver has also partnered with Teck Resources at its La Coipita copper-gold project. Kinross Gold and Eric Sprott participated in the recent financings, reinforcing industry support as the company advances toward a full Feasibility Study at Diablillos expected later this year. [more]
Elemental Altus Royalties Corp. (TSXV: ELE | OTCQX: ELEMF) has signed a definitive agreement to acquire EMX Royalty Corp. (TSXV: EMX | NYSE American: EMX) in an all-share transaction valued at US$456 million. The Elemental EMX merger is expected to close in Q4/2025, subject to shareholder, court, and regulatory approvals. The combined company will operate as Elemental Royalty Corp., holding 16 producing royalties and more than 200 assets globally. Management expects the Elemental EMX merger to support approximately US$80 million in adjusted revenue by 2026. [more]