7:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Equinox Gold (EQX, TSX) is set to become the 2nd-largest Gold producer in Canada after announcing over the weekend that it’s acquiring Calibre Gold (CXB, TSX). The combined company is expected to produce approximately 950,000 ounces of Gold in 2025, not including production from Valentine or Los Filos, with the potential to produce more than 1.2 million ounces of Gold per year with the Greenstone mine in Ontario and the Valentine in Newfoundland operating at capacity. Calibre shareholders will receive 0.31 Equinox…
Author: BMR
11:45 am Pacific (Exclusive to BMR Pro subscribers – Not for Distribution or Posting on any Board). The Race For Resources One of the most important components of the Donald Trump revolutionary agenda is the emphasis on resources in the ground – Oil and Gas, critical minerals, you name it. This is being played out with Trump’s approach to the Canada-U.S relationship right now, negotiations over peace between Russia and Ukraine, the Panama Canal issue, the Arctic…the list goes on. Trump knows how important it is, in terms of building a truly powerful economy, to find and develop resources, something…
Stocks suddenly tumbled shortly after lunch Friday and trading desks were scrambling to find a catalyst. This seems like the catalyst for the leg down, however farcical it may seem, according to ZeroHedge: You can’t make this stuff up. The same “bat lady” from the same Wuhan Institute of Virology has discovered another Coronavirus with pandemic potential. Clown world attempts to make a comeback! Ay yai yai. Is it just me, or does it seem like the odds of having a pandemic go up whenever Trump is President? This whole thing got overblown Friday afternoon and definitely contributed to the…
9:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Markets are generally in the red today with the Dow off another 365 points after a 451-point drop yesterday. The Venture has slipped 4 points at 640 but could still finish the week slightly in the green, continuing to outperform the broader markets which is a very positive sign. Gold has rebounded from its morning lows, off just $4 an ounce at $2,935 as of 9:00 am Pacific. The Crypto sector is trying to push into the green as well after some early…
6:50 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings U.S. markets are under modest pressure in early trading with the Dow off more than 500 points as of 7:50 am Pacific. Investors got unsettled by a note of caution in Walmart’s (WMT, NYSE) forecast. Results from America’s biggest retailer met elevated expectations, with strong sales for the holiday quarter and a jump in its e-commerce business. But the shares tumbled after Walmart gave weaker-than-expected guidance for the year ahead, casting some doubt on the strength of the U.S. consumer. Consumer staples…
6:00 am Pacific Three highlights for you this morning: 1. Big hydrogen demand forecast for Saskatchewan, and is BHP now a leading contender to grab a slice of MAX Power?… 2. POWW! – new 7-month high… 3. “Controversial” recommendation… MAX Power (MAXX, CSE) Update from MAX Power (MAXX, CSE) this morning regarding hiring of IR, but what’s really interesting is the company’s updated Natural Hydrogen presentation which outlines impressive demand numbers for Hydrogen in a Feasibility Study for a Hydrogen Hub in the Regina-Moose Jaw Industrial Corridor (RMJIC) immediately north of MAXX’s Rider Project. Hydrogen has long been an industrial…
5:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Wall Street is coming off a winning week for the major averages. The Dow gained nearly 0.6% last week, the S&P 500 advanced 1.5% while the NASDAQ rose 2.6%. Much of last week’s advance came Thursday after President Trump’s plan for reciprocal tariffs on countries with levies on U.S. goods soothed investors who worried they would be more stringent. The 30-stock Dow and the NASDAQ are about 1% off their recent records, while the S&P 500 is just 0.2% off its own…
5:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture On Cusp of Major Breakout The Venture is handling the Trump tariff flap just fine, thank you, and that’s a great sign for how things should play out in both Canada and the United States over the coming months as this disruptive President brings much-needed massive change to “business as usual” in Washington while Canadians prepare for a federal election that’s now expected to be called next month and will undoubtedly produce Canada’s 1st Conservative Prime Minister in nearly a decade – Pierre…