Mining – Precious Metals

Top deals include Equinox Gold receiving $145M from the exercise of warrants, Fortuna Silver Mines closing a US$69M bought deal financing, and Bluestone Resources closing a C$92M bought deal equity financing. [more]

Lorimer Wilson from MunKNEE.com summarizes 18 different predictions for the price of silver and they range from $7-700 per ounce. [more]

SSR Mining and Alacer Gold merging; Adriatic Metals to acquire Tethyan Resource; and, Gold X & Gran Colombia trying to merge with Guyana Goldfields thwarting Silvercorp’s plan to merge with Guyana Goldfields [more]

GFG Resources (8.5m at 71.3 g/t Au), Roxgold (10.0m at 59.4 g/t Au), Monarch Gold (109.0m at 3.33 g/t Au), Kirkland Lake Gold (2.4m at 141.3 g/t) and G2 Goldfields (2.4m at 116.6 g/t Au) led the way. [more]

Wheaton Precious Metals announced a $300M ATM program, Silvercrest raised a combined $128M with participation from SSR Mining, Osisko Gold Royalties completed an $85 million investment from Investissement Québec,… [more]

S&P 500 and S&P/TSX indices screens highlight companies with strong balance sheets and cash flows, which reduce liquidity risks and allow companies the ability to acquire distressed assets. Cash Kings – Alphabet, Microsoft & Facebook in the U.S. and Onex & Kirkland Lake in Canada [more]

Economic uncertainty, falling corporate revenues & profits, governments printing enormous amounts of money, and potential corporate bonds & real estate defaults create the “Perfect Storm” for higher gold prices. [more]

In times of crisis, the gold-silver ratio has spike to 100-112. Recently, the gold-silver ratio spiked at 125, when will it revert back to the mean? [more]