September 2011

This is No Gumball: China Introduces Gold ATM Amidst Shaky Economy

This is No Gumball: China Introduces Gold ATM Amidst Shaky Economy

September 30, 2011 by · Leave a Comment 

COMMENTARY—ProspectingJournal.com—Having witnessed the evolution of dial phones to iPads, hand-written Santa letters to North Pole tweets, I have also witnessed the evolution of derogatory Chinese bashing, from racist rants to fearful economic murmurs. The irony is that now, of course, all those years of wondering why nearly everything had a “Made in China” label on [...]

Stock Game Merges Fun of Fantasy Sports Pools With Stock Market

Stock Game Merges Fun of Fantasy Sports Pools With Stock Market

September 30, 2011 by · Leave a Comment 

NEWS – ProspectingJournal.com – There are many correlations between Fantasy Sports Managers and Stock Portfolio Managers. Both do extensive research with regards to how they fill their rosters and each group seems to be on the cutting edge of reacting to breaking news. But over the last few weeks a divergence in attitude has separated [...]

InvestorIdeas.com: Tuesday’s Iron Ore and Steel Stocks Trading

InvestorIdeas.com: Tuesday’s Iron Ore and Steel Stocks Trading

September 28, 2011 by · Leave a Comment 

GUEST NEWS–InvestorIdeas.com – Tuesday’s Iron Ore and Steel  Stocks Trading : (LSE: FXPO.L ) ,(OTCBB:TRKP), (TSX.V:ADI) , (ASX: LCY ) Ferrexpo (LON:FXPO) Upgrade Bullish for Sector Point Roberts WA- September 28, 2011 (Investorideas.com Mining Newswire) – www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for small [...]

Otterburn Ventures Inc. Completes Name Change to Finore Mining Inc.

Otterburn Ventures Inc. Completes Name Change to Finore Mining Inc.

September 28, 2011 by · Leave a Comment 

Vancouver, B.C., September 26, 2011 FINORE MINING INC. (CNSX: FIN) (the “Company” of “Finore”) is pleased to announce that, effective today, the Company’s name has changed from “Otterburn Ventures Inc.” to “Finore Mining Inc.” The Company commenced trading today under the symbol “FIN”. The new CUSIP number is 31808G103 and the new ISIN number is [...]

China Eyes West Africa’s Iron Ore: Junior Posts Positive Drill Results

China Eyes West Africa’s Iron Ore: Junior Posts Positive Drill Results

September 28, 2011 by · Leave a Comment 

ANALYSIS—ProspectingJournal.com—Despite the ongoing economic turmoil and growing concern over a slowdown in global steel production, Chinese demand for iron ore remains strong. Having imported 618 million tons last year, China is by far the world’s largest iron consumer. China only produces 14% of the world’s Fe, while consuming approximately 50% of it. With 85% of [...]

Troymet Updates Exploration Programs

Troymet Updates Exploration Programs

September 26, 2011 by · Leave a Comment 

NEWS–ProspectingJournal.com–COMOX, BRITISH COLUMBIA, Sep 26, 2011 (Marketwire via COMTEX News Network) — Troymet Exploration Corp. (TSX VENTURE:TYE) (“Troymet” or the “Company”) is pleased to update exploration plans and programs on its exploration properties. The Company recently closed a $1,844,850 private placement to fund on-going exploration programs at the Key and Golden Eagle properties in British [...]

There’s a Raging Battle in Gold Below $1,800

There’s a Raging Battle in Gold Below $1,800

September 22, 2011 by · Leave a Comment 

GUEST COMMENTARY–ProspectingJournal.com–James Turk, Casey Research “Now it’s just a matter of waiting it out. Once the bullion banks have covered as many shorts as they possibly can in both silver and gold, then the price bottom will be in.” The gold price didn’t do much in early Far East trading during their Wednesday morning.  But [...]

How Far Can Gold and Silver Climb?

How Far Can Gold and Silver Climb?

September 20, 2011 by · Leave a Comment 

GUEST COMMENTARY–ProspectingJournal.com–With gold a stone’s throw away from $2,000 and already up 27% on the year, the objective investor might begin wondering how much higher both it and silver can climb. After all, gold is nearing its inflation-adjusted 1980 high – and that peak was a spike that lasted only one day. So, how much [...]

ProspectingTV: Encanto Potash Partnership (with Chinese Subtitles)

September 20, 2011 by · Leave a Comment 

– Disclaimer: The host does not currently hold any shares of any of the companies mentioned in the video. However, some members of Cordova Media Inc. which owns ProspectingJournal.com, may or may not have interests in one or more of the companies mentioned at the time of publication. Staff members from the Prospecting Journal reserve the right [...]

Golden Reign Resources Drills 12.0 Metres of 16.37 g/t Gold and 23.45 g/t Silver at San Albino-Murra Property, Nicaragua

Golden Reign Resources Drills 12.0 Metres of 16.37 g/t Gold and 23.45 g/t Silver at San Albino-Murra Property, Nicaragua

September 16, 2011 by · Leave a Comment 

NEWS–VANCOUVER, BRITISH COLUMBIA, Sep 15, 2011 (MARKETWIRE via COMTEX News Network) –Golden Reign Resources Ltd. (the “Company” or “Golden Reign”) (TSX VENTURE: GRR) is pleased to announce the results of eleven diamond drill holes from the ongoing 2011 exploration program at the San Albino-Murra Project, Nicaragua. To date, the Company has completed 7,289 metres of [...]

EastCoal Inc.: New West Block of Coal

EastCoal Inc.: New West Block of Coal

September 15, 2011 by · Leave a Comment 

NEWS–VANCOUVER, BRITISH COLUMBIA, Sep 15, 2011 (Marketwire via COMTEX News Network) EastCoal Inc. (TSX VENTURE:ECX) (the “Company” or “EastCoal”) is pleased to announce that recent work at the main Verticalnaya anthracite mine has established that access to a new West Block in the west extension of seam H8 can be readily established. While access from [...]

The Coming Currency Crisis

The Coming Currency Crisis

September 13, 2011 by · Leave a Comment 

By Bud Conrad, Casey Research GUEST COMMENTARY–ProspectingJournal.com–Poor Ben Bernanke. The greatest financial train wreck in history is going to happen on his watch, and it will be mostly his predecessor’s doing. But not the work of Alan Greenspan alone. The Washington elite and their compulsively clever counterparts around the world have set the US (and global) [...]

High-Grade Gold Drill Results from Red Lake

High-Grade Gold Drill Results from Red Lake

September 12, 2011 by · Leave a Comment 

NEWS–ProspectingJournal.com–Confederation Minerals Ltd. (“Confederation”) (TSX VENTURE:CFM) is pleased to report additional drill results from the on-going drilling program at the Newman Todd property in the Red Lake Gold District, Ontario. These results are from five holes, completed in wide spaced drilling along the Newman Todd Structure (“NTS”), another 11 holes have been completed and assays [...]

David Galland: The System Is Coming Unglued

David Galland: The System Is Coming Unglued

September 8, 2011 by · Leave a Comment 

GUEST COMMENTARY–Casey Research. Our video host Stefan Molyneux speaks with Casey Research Managing Director David Galland about the debt situation in the US and whether the federal government can do anything about it… assuming they’d even want to. [Are you prepared to face the coming debt storm? Learn more about it, including how to protect [...]

West African Iron Ore Corp. Intersects High Grade Iron Ore Mineralization In Phase One Drilling

West African Iron Ore Corp. Intersects High Grade Iron Ore Mineralization In Phase One Drilling

September 7, 2011 by · Leave a Comment 

NEWS – /CNW/ - West African Iron Ore Corp. (TSX-V: WAI) (the “Company” or “WAI”) is pleased to report that it has intersected near surface, high grade iron ore mineralization in its first 3 diamond drill holes from the Company’s Phase One drill program. A total of 15 diamond drill holes have now been completed on its [...]

Swiss Abandon Neutrality, Gold Stands Alone

Swiss Abandon Neutrality, Gold Stands Alone

September 6, 2011 by · Leave a Comment 

COMMENTARY—ProspectingJournal.com—It’s just another day in the world market of doom and gloom, where Switzerland attacked its own currency, a report came out showing the cost of the EU breaking apart, and a special someone mentioned that perhaps Europe should go totalitarian. For once, all eyes have focused on boring ol Switzerland as the Swiss National [...]

The Cure For Recovery . . . Physical Gold and Junior Gold Stocks

The Cure For Recovery . . . Physical Gold and Junior Gold Stocks

September 6, 2011 by · Leave a Comment 

GUEST COMMENTARY–The Cure For Recovery . . . Physical Gold and Junior Gold Stocks September 1st, 2011 I have come to the conclusion that even at this late date, there are many people who simply do not want to believe in gold; no matter how compelling the evidence. On the plus side, many of the [...]

Premature Evacuation? Silvercorp (Not) Down with Fraud

Premature Evacuation? Silvercorp (Not) Down with Fraud

September 2, 2011 by · Leave a Comment 

COMMENTARY—ProspectingJournal.com—If “a gold mine is [indeed] a hole in the ground surrounded by liars,” then a Canadian-listed Chinese silver miner is a yo-yo attached to an excitable dog. Silvercorp Metals Inc. (TSX: SVM) is the latest Canadian commodity company operating in China to join the growing list of stock-blasting fraud allegations. And after the debacle surrounding [...]

A “Merger of Equals”: Producing Junior Gold Mines Combined in West Africa

A “Merger of Equals”: Producing Junior Gold Mines Combined in West Africa

September 1, 2011 by · Leave a Comment 

ANALYSIS—ProspectingJournal.com—Global markets have become increasingly volatile due to the deepening financial crisis, while gold bugs are gripping their seats. For investors, this means that gold stocks are a bargain, considering their current detachment from the bullion’s spot price. And for the miners, now is the best time to look for acquisitions, as the value of [...]

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