Monday, October 16, 2017

Astronomers find the cosmic source of gold, silver, heavy metals

130 million years ago, the ultra-dense cores of two dead stars collided. The first evidence of the cataclysmic collision were gravitational waves. They reached Earth on August 17th. As astronomers targeted their source, they turned up a trove of riches. It is explaining, among other things, the source of such precious metals as silver, gold and platinum.

This is the first direct sighting of a collision between two neutron stars. The corpses of these stars are spectacularly dense. A single teaspoon of material would carry a mass that on Earth would weigh roughly one billion tons.
Churning debris produced in the afterglow of the collision included newly created gold, silver and platinum. There was also a smattering of other heavy elements, including uranium.

Until now, the birthplace of such elements had been theory. The extreme conditions produced in the collision forged heavier elements than the parent stars had hosted.
The actual smashup now appears to have taken place 130 million light-years from Earth in the constellation Hydra. The afterglow revealed the birth of elements.

As the collision spurted neutron-rich material into space, a variety of heavy elements formed through a chain of nuclear reactions known as the “r-process.”

Saturday, October 14, 2017

Golden Triangle - Revisited

The 'Golden Triangle' in northern British Columbia is in the midst of a major rush, both retail money and staking.

A Golden Triangle claim/promotion has made market darlings out of a score of TSX Venture companies.
Leading the charge has been GT Gold (GTT.v) with a more than 600% gain inside of three months on the back of just a single round of drill results. Most mouthwatering was a spectacular 51.53 g/t Au (1.5 oz/ton) and 117.38 g/t Ag over 6.95 metres (22.80 feet).

Garibaldi Resources (GGI.v) is drilling near the Eskay Creek camp at its 100% owned E&L project. For those willing to roll the bones on 'visual results' we have 176 meters of 'nickel-copper sulphide mineralization'. Paper rocked and rolled on Friday to $3.57 +0.88 with more wonderful 'visual results'. Assays are STILL pending. (first 'visuals' were Sept 1, 2017)
Metallis Resources (MTS.v) is currently drilling the Cliff porphyry target at its 100% owned Kirkham property. Metallis has reported that initial examination of drill core intersected mineralized monzonite throughout. Core has been split and sent to the assay lab. Last at $1.35 -0.14, paper was a dime two months ago.

Aben Resources (ABN.v) recently expanded its 2017 drill program and reported assay results from what it noted was 'several intersections of discrete zones' of massive quartz veins and quartz-sulphide vein breccias, both of which have been associated with high grade gold mineralization in the region. 10m of 6.7 g/t Au, 0.9% Cu, apparently that doesn't impress near as much as 'visual results'. $0.215 -0.01

Simple fact here is that 'winter is coming' in the area. The exploration window is quickly closing, meaning results will dry up for the better part of six months. Given the massively expanded market caps in evidence, one best tread carefully. The tried and true 'buy on rumor, sell on news' has extreme relevance for retail investors.
See ----->http://pennystockjournal.blogspot.ca/2017/07/gt-gold-corp-gttv.html
See ----->http://pennystockjournal.blogspot.ca/2017/07/garibaldi-resources-corp-ggiv.html
See ----->https://pennystockjournal.blogspot.ca/2017/09/metallis-resources-inc-mtsv.html

Friday, October 13, 2017

Kirkland Lake Gold - KL.t

Kirkland Lake Gold - KL.t owns the five former high grade mines that produced 22 million ounces of gold at an average grade of 15.1 grams per tonne. The company is a mid-tier gold producer targeting 570,000 – 590,000 ounces of gold production in 2017 from mines in Canada and Australia.


On October 11, 2017 the company released NEWS

Kirkland Lake Gold Ltd. (TSX:KL)(NYSE:KL) is pleased to announce strong operating results for the third quarter and first nine months of 2017. Comparative information for the third quarter and first nine months of 2016 includes production results for the Fosterville, Cosmo and Stawell mines in Australia prior to the completion of the merger between Kirkland Lake Gold Inc. and Newmarket Gold Inc. on November 30, 2016. All dollar amounts are expressed in U.S. dollars.











https://canadastockjournal.blogspot.com/2017/10/kirkland-lake-gold-klt.html

Thursday, October 5, 2017

Dollarama - DOL.t

Dollarama - DOL.t mission is simple: value for the customer. Headquartered in Montreal, Dollarama is the leading dollar store operator in Canada with over 900 locations in all 10 provinces.

Dollarama offers a broad range of quality consumer products and general merchandise for everyday use, in addition to seasonal products – all for $3 or less. All stores are corporate-owned.



On September 14, 2017 the company released News

DOLLARAMA ANNOUNCES PLAN TO BUY BACK SHARES THROUGH PRIVATE AGREEMENTS

Dollarama Inc. intends to purchase for cancellation up to 450,000 of its common shares pursuant to one or more private agreements between Dollarama and an arm's-length third party seller. The purchases will form part of Dollarama's normal course issuer bid announced on June 7, 2017, which provides authorization for the purchase of up to 5,680,390 common shares during the 12-month period from June 19, 2017, to June 18, 2018.
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http://canadastockjournal.blogspot.com/2015/12/dollarama-dolt.html



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Wednesday, October 4, 2017

BlockChain for Retards

Picture this citizen, a spreadsheet that is duplicated thousands of times across a network of computers. Then imagine that this network is designed to regularly update this spreadsheet and you have a basic understanding of the blockchain. Ta Da.

Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet. Blockchain technology is like the internet in that it has a built-in robustness. By storing blocks of information that are identical across its network, the blockchain cannot:
1)Be controlled by any single entity.
2)Has no single point of failure.
Bitcoin was the raison d’etre of the blockchain as it was originally conceived. It’s only the first of many potential applications of the technology. There are an estimated 700 Bitcoin-like cryptocurrencies (exchangeable value tokens) already available. Other potential adaptations of the original blockchain concept are active, or in development. Cryptocurrencies can be reduced to a simple definition ... limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary but is exactly how you can define a currency.

Sunday, October 1, 2017

Lamb Lassos Entrepreneur of the Year 2017: Mining & Metals

In October 2009, William Lamb got a text message from a friend in South Africa: “Do you have $42 million—because you may need it by the end of the week.” “I knew straight away what it was for,” says the head of Lucara Diamond Corp. (LUC.t), recounting how he heard the tip that De Beers, his alma mater, planned to divest from a diamond project in Botswana. In the days that followed, Lamb and mining magnate Lukas Lundin laid the groundwork for what would become one of the most successful new diamond mines of this decade
The mine is called “Karowe” which means precious stone in the local language. The mine was completed in 2012 on time and within a budget of US$120 million. It is a state-of-the-art operation comprising an open pit mine, crushers, AG mill and a XRT, DMS and XRF recovery plant.

The mine has an annual production of approximately 265,000-285,000 carats per year. Open pit operations into 2026 are anticipated. Sales in 2017 are expected around $200-$220 million, excluding the sale of Lesedi La Rona.