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Check back later today for Daniel’s Den and visit the BMR comments section for updates and helpful information.

1. Gold has traded between $1,255 and $1,263 so far today…as of 7:00 am Pacific, bullion has climbed $6 an ounce to $1,261…Silver is up 3 cents to $16.09…a couple of good signs if you’re a contrarian – hedge funds and money managers cut their net long positions in COMEX Gold contracts in the week to December 12, while they switched to a net short stance in Silver for the first time in 5 months according to data released Friday…Gold appeared to bottom last week in the upper $1,230’s at key Fib. and RSI(14) support…Copper and Nickel have added slightly to their strong gains of last week with Copper at $3.11 and Nickel at $5.28…Crude Oil is flat at $57.33 while the U.S. Dollar Index has fallen one-tenth of a point to 93.91…American optimism on the economy is reaching new heights…homebuilder confidence was just reported at an 18-year high while the CNBC All-American Economic Survey has found that for the first time in at least 11 years, more than half of respondents to the survey rated the economy as good or excellent, while a near record 41% expected the economy to improve in the next year…

2. U.S. equity markets are hot to start the final week before Christmas with the street cheering a major Republican tax reform package about to be passed by Congress…the proposed $1.5 trillion tax cut, which should provide significant fiscal stimulus to the economy, is expected to be put into law by year-end as Republicans have the votes in both the Senate and House for passage…a slew of corporate deals also lifted sentiment this morning…as of 7:00 am Pacific, the Dow has soared 191 points…in Toronto, the TSX has climbed 125 points while the Venture has added 1 point to 802…Osisko Metals (OM, TSX-V) is acquiring Pine Point Mining (ZINC, TSX-V) in an all-stock transaction, solidifying Osisko’s position as one of the most aggressive base metal exploration and development companies at a strategic time in the base metal cycle…a spinco is also being created out of Pine Point’s project in the Northwest Territories…Skeena Resources (SKE, TSX-V) was halted just prior to open, pending news…another Venture mining deal, Canadian Mining (CNG, TSX-V), has been attracted to the marijuana sector, constituting a change of business for CNG as announced this morning…

3. Datametrex AI (DM, TSX-V) is on the move again this morning with the company announcing that its Graph Blockchain joint venture with San Francisco-based partner Bitnine Global has commenced building a prototype Blockchain and Graph Database solution to monitor data at electric vehicle charging stations…DM is active on multiple fronts with the stock doubling in value this month on huge volume following some key announcements…DM opened at 37.5 cents this morning and is up 5.5 cents at 40 cents through the first 30 minutes of trading…

4. Fintech Select (FTEC, TSX-V) announced this morning that the Beta testing of the Selectcoin platform has been successful, and the company will now officially begin launching the Selectcoin platform across its retail locations and other strategically positioned pop-up shops…upon the company’s approval of the Beta test and the pre-production cards last week, over 10,000 Selectcoin swipe cards have been printed…Fintech Select has also invited shareholders and the general public to its launch event this Thursday to view the Selectcoin platform in action…

5. Wolfden Resources (WLF, TSX-V) has commenced what should be an exciting drill program at its 100%-owned Pickett Mountain Project in northern Maine…the property comprises 6,871 acres of timberland and all mineral, mining, subsurface and surface rights and includes the Pickett Mountain historic VMS deposit which is believed to be one of the highest-grade undeveloped VMS deposits in North America, discovered by Getty Mines in the late 1970’s…it has been traced over a strike length of approximately 900 m and remains open along trend and at depth…Wolfden’s first phase exploration program will continue into 2018 and is expected to include some 10,000 m of delineation and expansion drilling…a large loop ground electromagnetic survey (EM) and downhole EM surveys will be completed concurrent with the drilling program to assist in targeting…

6. Cornerstone Metals (CCC, TSX-V) has commenced a verification diamond drilling program at its Carlin Vanadium Project in Nevada as the company works toward upgrading the historic resource to a current resource…in addition, Cornerstone requires material to conduct metallurgical testwork on Vanadium recoveries while it will also be investigating the presence and grade of other accompanying elements such as Zinc, Silver and Cobalt…the 20 vertical hole HQ core program is designed to infill the existing 132-hole drill pattern that currently defines the Vanadium deposit, resulting in an improved drill hole density of approximately 45 m spacing…Carlin contains one of the United States’ largest known primary deposits of Vanadium, an industrial mineral critical to industries ranging from steel to utility scale battery storage technology…the company’s analysis illustrates that the Nevada site’s vanadium deposit features a combination of high-quality grade and unsurpassed accessibility…

7. Orocobre (ORL, TSX) provided an update this morning on expected Lithium carbonate pricing, stating that tight market conditions have resulted in increased contract prices being negotiated, which, combined with orders carried over from 2017, are expected to result in pricing for the June half-year 2018 approximately 25% higher than prices received in the December half-year 2017…the company will meet previous pricing guidance for the December quarter of more than $11,000 (U.S.)/tonne…CEO Richard Seville commented, “Contract prices are rising in all markets and we expect this to continue in the foreseeable future as new demand for lithium chemicals exceeds new supply.”

Next 10% Move In Garibaldi Resources

Thunder In The Corridor!

The Nickel Mountain Magma Highway

Two Big Plays Emerge in B.C., Setting The Stage For A Summer To Remember

How To Bring A Junior Resource Market To Life!

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

Northern Ontario Cobalt Junior Attracts Interest From Metal Trading Companies

The Most Important Venture Development Since The New Bull Market Began

The Venture has clearly signaled its direction going into 2018 – find out today how you can make some last-minute preparations…

Check back later today for Daniel’s Den and visit the BMR comments section throughout the day for updates and helpful information.

1. Gold has traded between $1,253 and $1,263 so far today..as of 7:00 am Pacific, Gold has rebounded $3 an ounce to $1,256…Silver has recovered 14 cents to $16.02…Copper is 3 cents higher at $3.09 while Nickel has jumped a dime to $5.15…base metals are getting a modest boost from China’s industrial output which rose 6.1% in November from the same period last year, slightly surpassing analysts’ estimates for a rise of 6.0%…Crude Oil is up slightly, trading just above $57 a barrel, while the U.S. Dollar Index has gained one-tenth of a point to 93.75…the Fed’s own Atlanta branch now sees Q4 GDP rising to 3.3% which would bring the average of the year’s final 3 quarters to 3.2% and the full-year average to 2.7%, well above the 2.1% during the Obama recovery years…

2. Rising U.S. supply, driven largely by shale drilling, will likely move Oil markets into a supply surplus in the first half of 2018, the International Energy Agency (IEA) said yesterday.  “Total supply growth could exceed demand growth: Indeed, in the first half the surplus could be 200,000 barrels per day (bpd) before reverting to a deficit of about 200,000 bpd in the second half, leaving 2018 as a whole showing a closely balanced market,” the Paris-based IEA said in its monthly Oil market report…meanwhile, Goldman Sachs says that market conditions have allowed the major Oil companies to enter “a positive earnings-revision cycle” and that “this should allow Big Oil to re-employ capital at double-digit returns.”

3. A group led by Warburg Pincus LLC has agreed to invest $780 million in an Oil exploration company, one of the largest private equity investments in a shale startup according to the Wall Street Journal…the big check from Warburg and its partners is the latest sign that private equity firms are willing to spend increasing amounts of money on U.S. energy exploration…investments of $500 million in shale companies have become commonplace, and investment firms are under pressure to put to work the huge piles of cash investors have forked over in recent years…meanwhile, in Canada, where heavy Crude prices are at 3-year lows due to capacity problems, getting Oil to market has become less important for most politicians than getting pot to market…on the positive side, though, we’ll all make money on marijuana stocks (and BLO) while the country “saves the planet” with another Trudeau National Energy Program that hurts the West in particular…

4. Cboe bitcoin futures, on pace for gains of about 17.5% this week, have enjoyed a relatively smooth first week of trading…however, investor participation has remained light as firms preferred to monitor the first futures contract on an established exchange for a notoriously volatile asset…as of yesterday, major banks such as Goldman Sachs were offering limited to no support for clients to trade bitcoin futures…the digital currency has gained about 10% this week, nearly 80% for December, and 1,733% for the year, according to CoinDesk…the world’s largest futures exchange, CME, is set to launch its own bitcoin futures contract Sunday evening…

5. Datametrex AI (DM, TSX-V), halted pending news pre-open, appears to be headed higher this morning following news that it has entered into a binding LOI to acquire all of the outstanding shares of Ronin Blockchain Corp., a global, industrial-scale blockchain platform with specific focus in mining cryptocurrencies…trading in DM resumes at 7:30 am Pacific…proposed consideration for the transaction is an aggregate amount of $10 million payable in DM shares…DM says Ronin, a private company located in Vancouver, will provide state of the art industrial mining capability across the world and utilize its industrial scale, beginning in China, to optimize efficiency and profitability of the arbitrage opportunities on a GPU based mining infrastructure…Ronin has entered into a binding MOU with GoSun Group, one of China’s largest infrastructure and networking companies with over 90 operating data centers in China…

6. The Dow is up for the 6th session out of 7, adding 105 points through the first 30 minutes of trading…in Toronto, the TSX has climbed 14 points…more than a quarter of Canadian firms could move part of their operations to the United States amid uncertainty over the future of the NAFTA trade pact, Canada’s export credit agency warned this morning…the Venture has moved back above 800 with a 5-point gain to 803 (Fib. resistance) as of 7:00 am Pacific…a close above 800 to finish the week would be a bullish development…it appears the Venture may have already put in its December low…history shows that it’s a very bullish signal when the Venture’s December low occurs early in the month…Mission Ready Services (MRS, TSX-V) touched a new multi-year high of 42 cents in early trading…Barkerville Gold (BGM, TSX-V) is raising $10 million on a bought deal flow-through financing at 74 cents led by Haywood Securities and Canaccord Genuity…on the CSE, Cannabix Technologies (BLO, CSE) is making a strong move for the 2nd day in a row with the stock adding 9 cents to $1.85 through the first 30 minutes of trading…

7. Wolfden Resources (WLF, TSX-V) is up slightly in early trading after releasing encouraging assays from the first 3 holes of a recently completed diamond drilling program at its 100%-owned Orvan Brook Property in northeastern New Brunswick…of the 7 drill holes completed, 5 of them targeted the West lens of the deposit and 2 tested the deeper East lens of the deposit…results from the West lens (East lens pending) were highlighted by OB-17–15 which cut a 2.9-m interval grading 12.8% ZnEq…WLF is now expected to turn its attention to its recently acquired Pickett Mountain Project in Maine, believed to be one of the highest-grade undeveloped VMS deposits in North America…

Next 10% Move In Garibaldi Resources

Thunder In The Corridor!

The Nickel Mountain Magma Highway

Two Big Plays Emerge in B.C., Setting The Stage For A Summer To Remember

How To Bring A Junior Resource Market To Life!

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

Northern Ontario Cobalt Junior Attracts Interest From Metal Trading Companies

The Most Important Venture Development Since The New Bull Market Began

Visit the BMR comments section throughout the day for updates and helpful information.

1. Gold has traded between $1,250 and $1,259 so far today following yesterday’s Federal Reserve statement and rate hike, with policymakers projecting a short-term jump in U.S. economic growth from the Trump administration’s proposed tax cuts…yesterday marked the 3rd rate hike of 2017 and the central bank said it’s on track for an equal number of increases in 2018…the last 2 December rate hikes (2016 and 2015) proved very bullish for the Gold and metals markets over the ensuing months…as of 7:00 am Pacific, Gold has retreated $4 an ounce to $1,251 after yesterday’s modest jump…Silver has slipped 20 cents to $15.84…Copper and Nickel are up slightly at $3.06 and $5.07, respectively…Crude Oil has added 7 cents to $56.67 while the U.S. Dollar Index is relatively unchanged at 93.39…

2. U.S. retail sales rose more than forecast in November and the previous month was revised higher, indicating a broad strengthening of consumer demand as the holiday shopping season got under way, according to Commerce Department figures released this morning…overall sales climbed 0.8%, much higher than the estimated 0.3%, after an upwardly revised 0.5% increase in the prior month…the firm advance along with the October revision bodes well for consumer spending, the biggest part of the economy…solid hiring, gains in stock prices and property values, and limited inflation are expected to sustain U.S. household demand in the final stretch of this year following 2 quarters of better than 3% economic growth…

3. The economic situation in Canada is not as rosy:  A triple threat of falling consumer spending, a potential pullback in residential housing investment and anemic levels of Oil and gas expenditures could cut the economic growth rate in half for the next 15 years, a new Boston Consulting Group report warns.  “We’ve gotten used to sustained growth that is the envy of a lot of other G7 and advanced countries,” Keith Halliday, director of BCG Centre for Canada’s Future, told the Financial Post. “Past performance is no guarantee of future performance and if these downside scenarios materialize, it will mean lower incomes, fewer business opportunities and less government tax revenue for social programs than we would expect.”

4. OPEC production fell to its lowest in 6 months but rival U.S. production was surging faster than expected, meaning Oil markets may not rebalance before the end of 2018, the Oil cartel says in its closely watched monthly Oil report…OPEC said its Crude production fell by about 133,500 barrels a day in November to 32.45 million barrels a day…the group and its Russia-led allies agreed last month to extend the combined production cuts of 1.8 million barrels a day until the end of 2018…however, the output decrease last month was tied to other factors with domestic demand for Saudi Oil declining in the winter and Angola and Venezuela facing production issues…however, OPEC said other producers were fast filling the gap, notably U.S. shale companies that have been taking advantage of rising Oil prices and improved efficiencies…

5. The Dow is up for the 6th straight session, adding 63 points through the first 30 minutes of trading…Walt Disney has agreed to buy select assets of 21st Century Fox for $52.4 billion in stock as it moves to bolster its streaming and television businesses in a changing media landscape…the deal has a total value of approximately $66.1 billion, with Disney assuming $13.7 billion of Fox’s net debt…in Toronto, the TSX has climbed 14 points while the Venture has climbed back above 800 with a 4-point gain to 802 as of 7:00 am Pacific…nearest Fib. resistance is 803, so a close above that level tomorrow to finish the week would be a bullish development…it appears the Venture may have already put in its December low…history shows that it’s a very bullish signal when the Venture’s December low occurs early in the month…

6. eCobalt Solutions (ECS, TSX), which hit a new multi-year high earlier this week, is up slightly in early trading after reporting assays for the first of 3 completed resource definition diamond drill holes which confirm intercepts above the current resource grade cut-off drilled on the company’s Idaho Cobalt Project (ICP)…the holes are intended to upgrade a portion of Inferred resources to Indicated resources for inclusion in an updated feasibility study with optimized level mine plans and production schedules…two 6-foot intervals returned 0.40% Cobalt and 0.30% Copper as well as 0.44% Co and 1.6% Copper, while a 16-foot intercept graded 0.51% Cobalt and 1.8% Copper…the intervals ranged in depths between 1,261 feet and 1,327 feet…Paul Farquharson, President and CEO, stated:  “The first results of our 2017 drilling program…demonstrate the strength and continuity of the company’s ICP resource and continuation of high-grade mineralization on strike and depth in this deposit. The company will continue to report these exciting results as it delivers on our intent to maximize value to its shareholders through continued development of measurable asset values.”

7. Ivanhoe Mines (IVN, TSX) has released positive findings of an independent, pre-feasibility study for the planned redevelopment of the company’s historic, high-grade, Kipushi Zinc-Copper-Silver-Germanium mine in the DRC…the study anticipates annual production of an average of 381,000 tonnes of Zinc concentrate over an 11-year initial mine life at a total cash cost of approximately 48 cents (U.S.) per pound of Zinc…the PFS focuses on the initial mining of Kipushi’s Big Zinc Zone, which has an estimated 10.2 million tonnes of Measured and Indicated Mineral Resources grading a whopping 34.9% Zinc…the planned return to production would establish Kipushi as the world’s highest-grade major Zinc mine…its exceptional Zinc grade is more than twice as high as the Measured and Indicated Mineral Resources of the world’s next-highest-grade Zinc project, according to Wood Mackenzie, a leading, international industry research and consulting group…

The Template For The Next 10% Move In Garibaldi Resources

Thunder In The Corridor!

The Nickel Mountain Magma Highway

Two Big Plays Emerge in B.C., Setting The Stage For A Summer To Remember

How To Bring A Junior Resource Market To Life!

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

Northern Ontario Cobalt Junior Attracts Interest From Metal Trading Companies

The Most Important Venture Development Since The New Bull Market Began