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I recently received an update on the status of Revett’s ( RVM, RVIMF) Rock Creek project. The suspense surrounding Revett and Rock Creek continues to build like some sort of Hollywood movie. After reading today’s press release, I immediately called Revett to see if I could squeeze out any additional details. Armed with that info, let’s carefully analyze today’s press release and see what information we can glean from reading in between the lines. Sometimes looking for what is NOT there can clue you in on what is there. [Thanks to GoldStockMania reader/subscriber Phillip for the heads up.] Read more…

I don’t know about you, but gold and silver pricing action so far this year have been about as exciting as watching wet paint dry. In fact, my favorite metals have been under heavy pressure since December 2009. Does it seem like gold and silver are stuck in a rut or what? Well, if anyone is expecting gold, silver, or related penny mining stocks to break out this week or next, they might have to wait a little longer for the reasons I covered in my last article, What to Expect for Gold & Silver This Week 3/21/2010. How much longer will it take? Do we need the biblical patience of Job for us to wait til our golden change comes? Here’s what I am doing to kill time until then… and it is not picking my boils!

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Occasionally I like to review technical charts to get a feel for what to expect in terms of a gold forecast (& silver). This upcoming week does not look very promising for anyone hoping for a gold and silver price increase this week. Here’s a couple of gold and silver charts that could spell trouble for my favorite metals in the weeks ahead.
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At last, Revett Minerals provided an update this morning on the results their March 17th meeting on status of their Rock Creek silver mine. So what were the results? Are they moving forward with Rock Creek development or further delays? It still may be too early to tell… Read more…

There has been much talk and discussion lately about the upcoming Revett Minerals meeting on 3/17/2010. As always with this company, there seems to be way more questions than answers. The stakes are high and the fate of their Rock Creek property could be decided. What will happen? What will the stock price do? What can a trader to do to prepare for the outcome? Worried or confused about what to do? Don’t be…Here’s why….  Read more…

It has been a while since my last post and for good reason. Because of this, I would like to take a moment and bring my readers upto speed on recent updates and changes you should be aware of. Read more…

Website: http://www.metanor.ca.. Symbol: MTO.V | US routing symbol: MEAOF.PK

As you know, I prefer Canadian mining stocks to all others, so I was really excited about doing a review on this undervalued company. Metanor Resources is now one of my hot penny stock picks and definitely one of my top canadian gold stocks I own; with all of their projects being in the mining rich land of Canada. They are presently pouring dore gold bars at their 100% owned Bachelor Lake Facility in Desmaraisville Quebec. The ore processed is coming from the very promising Barry open pit ( see press releases for more info). Further, this undervalued junior mining company has undertaken a rapid expansion program, both at the mill and the underground at the Bachelor Lake Complex. Firstly, Metanor is proceeding with an ongoing mill capacity upgrade program augmenting the capacity from its existing 800 tpd to its targeted 1200 tpd expected before the end of this winter (2010). Further, the Company has begun work to enable mining underground at Bachelor Lake. This work is expected to be completed by July 2010. At that date, Metanor expects to begin producing approx. 70,000 oz/yr gold, whereby the mill will be operating at 1200 tpd. With a target share price of $3, penny mining stocks like Metanor are hard to come by. Read more…

Over the past several weeks or so there have been some significant developments happening in the gold market that are just too substantial to ignore. Just about any one of these developments could ignite the fuse for a huge gold price explosion. Could a gold price explosion be just around the corner? You decide. Read more…

I thought I would comment on the riot that happened in Berkeley, California over the weekend for the benefit of anyone who may have missed it. According to the article, “Here’s What You Need to Know About The Greece-Like Riots Exploding in California“, there was a gathering in Berkeley California mostly by students to promote awareness of state-wide protest in Californian coming up on March 4th, 2010.  Unfortunately, the event got a bit out of hand and eventually lead to a clash with the Berkeley Police Department. Although the title of the article seems a bit alarmist and perhaps exaggerated, it does beg the question, “What’s your Plan B if social unrest/riots become common place in the US?”

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