Lara Exploration Ltd. (LRA:TSX.V, 0.54) is a diversified prospect generator, mostly with copper and copper-gold projects in Brazil and Peru. It aims to generate royalties from properties it generators, whether by staking or in some cases acquiring. Its main assets incl...
Streetwise Reports
|
April 30, 2020
|
Money manager Adrian Day looks at business development companies. Business development companies (BDCs) have been hit particularly hard, on concerns that small businesses to which they lend will not be able to repay loans. That concern is legitimate. The sto...
Streetwise Reports
|
March 25, 2020
|
The correction in gold ended with the drop to the $1,460/ounce area. We see these spikes up of higher highs. It is like the gold market is a pressure cooker, trying to explode upward, and soon it will. Ridgestone Mining Inc. (RMI:TSX.V) New, well-structured de...
Streetwise Reports
|
April 13, 2020
|
Ares Capital Corp. (ARCC:NASDAQ, 18.85) is in a strong position to sustain its returns, currently earning over 11% on investments. The company is one of highest quality BDCs, with the added benefit of scale. It has strong dividend coverage, and room to increase leverag...
Streetwise Reports
|
September 4, 2019
|
The U.S. manufacturing sector contracted for the fifth straight month in December, with the monthly reading from the Institute for Supply Management (ISM) hitting its weakest point in more than 10 years. The purchasing manager’s index (PMI) fell to 47.2,...
Frank Holmes
|
January 8, 2020
|
We are entering into a new gold and gold mining bull market. I expect this will go down as the biggest gold bull market in history, with record paper currency printing. It is coming off the bottom of the worst mining bear market in history. This long-term chart of the B...
Streetwise Reports
|
June 11, 2020
|
Newmont Goldcorp Corp. (NEM:NYSE, $39.30) has underperformed this year, largely due to concerns surrounding the acquisition of Goldcorp, which closed in April. Many Newmont shareholders believe the company overpaid for bad assets. Not all Goldcorp's assets are "bad," o...
Streetwise Reports
|
August 27, 2019
|
Loews Corp. (L:NYSE, 33.70) reported a profit in the last quarter, driven by earnings at CNA Insurance and Boardwalk Pipelines, as well as investment income at the parent level. But investment income will likely disappear for the next quarter or so, while Diamond Offshor...
Streetwise Reports
|
April 3, 2020
|
Most markets have enjoyed a meaningful rally off their lows of three to four weeks ago. The S&P is up nearly 30%, with the Business Development Companies up 50% and more, while global markets have also rallied, though typically less; the XAU index of gold stocks has risen...
Streetwise Reports
|
April 22, 2020
|
Franco-Nevada Corp. (FNV:TSX; FNV:NYSE, US$143.88) reported first-quarter earnings slightly better than expected, with Gold Equivalent Ounces (GEOs) up over 10% compared with a year ago. It has withdrawn its full year guidance due to the covid-related shutdown of some of...
Streetwise Reports
|
May 19, 2020
|