I-80 Gold aka IAU put out a PR just to announce that CEO Evan Downie has bought over 14M shares on the open market since the company's shares started trading in April. Mind you, that is a pretty impressive insider buying.
ca.finance.yahoo.com
There is strange trading in Goldquest Mining aka GQC today, up more than 50% on significant volume. One of our regulars here has repeatedly brought us false rumours that they were about to get the permits they need to develop the Romero mine in the Dominican Republic. Perhaps his absence together with this volume is an indication it is really happening this time. I am surprised trading hasn't halted due to the abnormal action.
Wallbridge Mining aka WM announced their 2022 plans in a PR. After a big year last year, declaring the first resource at their Fenelon gold property, this will be a year of preparation. They plan tospend $70M, of which $50M is already in hand, two thirds on further expanding Fenelon's resources, a quarter, on expanding the nearby Martiniere resource, and the remainder on exploration, all in preparation for economic reports to come. They clearly see their entire set of properties as a package on the underexplored Detour-Fenelon trend, and I expect one of the larger companies mining nearby to buy them out at some point in the next few years.
Message 33654658
Sanstorm Gold Royalties aka SSL released their year and and Q4 results, as usual with them a brief report filled with preliminary figures. In general, the numbers look good, with sales in Q4 sales of ~16600 AuEq oz, with an operating margin of about $1570/oz.
Message 33654692
Golden Goliath aka GNG brought us an update on their second gold property in Ontario, called Wish Ore. In 2021 they ran a geophysics programme to follow up earlier mapping and sampling, and have identified a number of prospects for followup. Apparently we get details of future exploration in due course.
Message 33654711
Canada Silver Cobalt aka CCW released some more drill results from their Castle East property in Ontario, where they are outlining an area of high grade but narrow veins contining Ag and Co. We also get news of an upcoming updated Resource Estimate, their first in almost two years.
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