Short Position Report
TSX Short Positions Short positions outstanding at March 31/15 (with changes from March…
Stock Markets/Investing
U.S. equity indexes pulled lower, March 23-27
As Saudi Arabia took military action against Houthi rebels in Yemen, U.S. equity indexes dropped and gold rose. The Dow Jones Industrial Average lost 2.3%, falling to 17,712.66, and the S&P 500 Index declined 2.2% to 2,061.02. Spot gold…
TSX Venture bumps higher, March 23-27
The S&P/TSX Venture Composite Index closed in the green, rising 1.6%, or 10.84 points, en route to a 681.43-point close. Gains were underpinned by rising commodity futures, while Federal Reserve chair Janet Yellen said the U.S. central bank…
PDAC 2015: John Kaiser sees retail investors as industry lifeblood
Retail investors, historically the “lifeblood” of the junior mining sector, are largely gone from the picture, but need to return for the sector to survive the current downturn, John Kaiser argues.
Silver Wheaton’s Smallwood sees a ‘gold flavour to the portfolio’
VANCOUVER — Royalty and streaming leader Silver Wheaton (TSX: SLW; NYSE: SLW) has been increasing its presence in the gold space recently, and according to president and CEO Randy Smallwood that trend could continue, with many of the…
TSX picks up steam, March 16-20
Canada’s benchmark index gained after the U.S. Federal Reserve signalled it was in no hurry to raise interest rates. The news lowered the U.S. dollar and increased commodity prices, as commodities priced in U.S. dollars became more…
TSX Venture turns positive, March 16-20
The S&P/TSX Venture Composite Index edged up 1%, or 6 points, en route to a 670.60-point close. Gold, copper and energy futures benefitted from weakness in the U.S. dollar, while Statistics Canada reported that the inflation rate held…
Noront goes all in on the Ring of Fire
VANCOUVER — Toronto-based junior Noront Resources (TSX: NOT; US-OTC: NOSOF) has emerged as a leader in Ontario’s controversial Ring of Fire mineral belt over the past eight years, and on March 23 the company solidified itself as the…
Short Position Report
Short positions outstanding at March 15/15 (with changes from Feb. 28/15).
U.S. indexes down third week in a row, March 9-13
U.S. stocks posted losses for the third straight week, with the Dow Jones Industrial Average finishing 0.6% lower at 17,749.31 and the S&P 500 Index closing at 2,053.40, a 0.9% drop. Disappointing economic data from China, a stronger U.S….
Allied Nevada seeks bankruptcy protection
VANCOUVER — It’s been a bleak few years for Allied Nevada Gold (TSX: ANV; US-OTC: ANVGQ) and its employees and shareholders, as falling gold prices and operational difficulties combined to put the company in dire financial straits….
PDAC 2015: Why Rick Rule stays optimistic in bleak markets
Sprott US Holdings chairman Rick Rule says the current bear market will be remembered as “the good old days.”