The Pot Glut

Excellent article by Stephen McBride in Forbes Aurora Cannabis Is Dumping Its Pot, Which May Be A Sign It’s All Over

Excellent article by Stephen McBride in Forbes Aurora Cannabis Is Dumping Its Pot, Which May Be A Sign It’s All Over
In the junior mining business, there are conferences going on all the time. However, September is particularly conference heavy. The Metals Investors Forum just wrapped up in Vancouver and now many companies are at Beaver Creek Summit in Colorado. Then it is on to the Denver Gold Show next week.

Today’s White Gold (V.WGO) press release reports the results of White Gold’s extensive soil sampling across various target zones on its property in the Yukon. You can read the details of the sampling program in the release but, for the moment, it is worth taking a close look at the two maps which accompanied the release.
Peter Bell did an interesting interview with Janet Sheriff at Golden Predator (V.GPY)
The junior exploration business in Canada follows a fairly predictable pattern: deploy drills as early in spring as the local climate allows, drill through the summer, begin reporting drill results in mid to late August and continue through until November.

Awful news from the Yukon. ATAC VP-Exploration, Julia Lane, died in plane crash yesterday.
“Silver, in particular, has the potential to outperform gold significantly. For example, in the wake of the global financial crisis, the gold-to-silver ratio plummeted from 80:1 bottoming at 32:1, with the silver price topping out at ~$50/ounce. Recently the ratio hit a record 93:1, while the price is sitting at around $16/ounce. Yesterday, the ratio stood at 89:1 as shown in Figure 2.
On July 11, 2019 White Gold (.V: WGO) put out a press release indicating that it had identified new district scale high-grade gold trends on its properties in the Yukon. We had some follow-up questions and White Gold sent us over the answers.
Just off the phone with Marcio Fonseca, CEO of Goldplay Exploration (V.GPLY). I am writing up our conversation now but the key takeaway is that today’s news release is the beginning of a significant news flow with drill results and trenching results on no less than eight target areas coming over the next few months.