• 3 Big Reasons Chart Expert Believes You Should Own This Gold Stock

    3 Big Reasons Chart Expert Believes You Should Own This Gold Stock

    Source: Clive Maund for Streetwise Reports 10/15/2018 Technical analyst Clive Maund charts a young gold explorer that he expects to soar.American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) looks set to soar on the back of a rising gold price, after negative sector sentiment has hammered it down to a silly price. It's always nice to pick up a stock that experts are raving about when, by waiting a few months, you can buy it at a little over a quarter of the price it was at earlier when they started talking about it, and such is the case with this one. You can read about the fundamental story in Why Five Industry Experts Have This Gold Explorer on Their Radar Screens. Technically, the outlook for the stock could scarcely look better, as we will now proceed to see. Our 8-month chart for the U.S. traded stock shows it from when it started trading back in April. After moving sideways for a few weeks from inception it went into a stubborn and rather severe downtrend that was aggravated by the worsening and terminally negative sentiment towards the sector that persisted until very recently, and only really started to improve last week. Notice, however, how upside volume has started to kick in over the past month and especially in recent days, that has driven both its volume indicators shown steeply higher. This is a very bullish development that usually precedes a change of trend, and there is certainly plenty of scope for this stock to recover after its severe decline of the past five months, and given that it is a prime takeover candidate as made plain in the article linked above, there is potential for the appreciation of the price of this stock to be very rapid indeed, as when a big buyer shows up. All this means that there are three big reasons to buy this stock. One is that it is cheap, having lost almost three-quarters of its value from inception, two is that it has a highly prospective property in one of the richest gold mining areas in the world, three is that the sector is about to take off higher after a prolonged period of severe depression, and it is a classic takeover candidate. Wait a minute, that's four big reasons. American Pacific Mining is accordingly rated an immediate strong buy here. It trades in reasonable volumes on the OTC market and there are a relatively modest 32.5 million shares in issue. American Pacific Mining website. American Pacific Mining Corp, USGDF on OTC, USGD.CSX, closed at $0.08, C$0.105 on 12th October 18. Clive Maund has been president of www.clivemaund.com, a successful resource sector website, since its inception in 2003. He has 30 years' experience in technical analysis and has worked for banks, commodity brokers and stockbrokers in the City of London. He holds a Diploma in Technical Analysis from ...read more
  • Three Resource Companies: Drilling, Waiting and a Rebirth

    Three Resource Companies: Drilling, Waiting and a Rebirth

    Source: Adrian Day for Streetwise Reports 10/15/2018 Money manager Adrian Day looks at three resource companies in his portfolio, one the latest addition with lots of activity; the second, a waiting game; and the third, a re-emergence.Evrim Resources Corp. (EVM, CN, 1.49) received this past week its eagerly awaited permit to drill the Cuale project, and has already got crews on the property ready to commence the drilling. Evrim is planning a minimum of 3,000 meters comprising 10-15 holes. Initial drilling will focus on the La Gloria deposit which was the site of the spectacular trench results in the spring, to test the depth of the high-grade mineralization. Drilling will also test four step-out areas. It could be big! High-sulphidation systems such as Cuale can grow rapidly. If drilling confirms the high-grade results of the trenches, if the mineralization continues to depth, and if any of the step-outs suggest another high-grade deposit (the last two adding volume to grade) then Cuale could attract interest very quickly. Many senior miners are watching closely. Given the excellent infrastructure and strong political jurisdiction, the 100%-owned project (subject to a 1.5% royalty on precious metals and 1% on base metals) would be worth a multiple of current value if the drilling is successful. We should have results before year end. Before the permit was received, Evrim has released additional trench results that extended the La Gloria zone both to the northwest and east with consistent mineralization. Soil sampling indicated a larger footprint. All these results were very positive; the "truth machine" (aka known as the drill) now takes over! Lots of activity on other fronts Separately, Evrim has been busy on other fronts. Initial drilling has begun at an under-explored project, Cerro Cascaron, in Chihuahua, Mexico, which hosts several gold and silver mines. Junior Harvest Gold is earning into the project by paying for the program. The company has also reached an agreement with First Majestic on its Ermitaño and Cumobabi projects whereby the options have now been exercised with First Majestic owning 100% of both projects, while Evrim owns net smelter royalties, 2% and 1.5% respectively. First Majestic paid Evrim US$1.5 million as part of the settlement. Drilling at Ermitaño has proven an inferred 40.8 million silver-equivalent ounce resource very close to the mill on First Majestic's Santa Elena mine, where ore is running out. First Majestic said Ermitaño "has the potential to become a near-term source of production." Evrim remains a buy particularly if you do not own it or on any dips. Remember, exploration is by its nature speculative; if the drill program were a complete dud—highly unlikely—the stock would fall back rapidly to its pre-Cuale price, losing half its value overnight. However, the C$125 million market cap is backed by C$14 million cash, the royalty on Ermitaño (with a back-of-the envelope valuation of around $30 million), plus other joint-ventures and ...read more
  • Silver's Time Is Coming

    Silver's Time Is Coming

    Source: Clive Maund for Streetwise Reports 10/14/2018 Technical analyst Clive Maund charts silver and discusses the factors that he believes will lead silver upward.Unlike gold and precious metals stocks, silver did not break out strongly on Thursday – although it rose, it did not break out at all, nor was volume exceptional, as we can see on its latest 6-month chart below. However, this is not a cause for concern, because in the early stages of sector bull markets gold leads, so we can expect silver to "follow suit" shortly. This is worth knowing, because it means that it is still possible to pick up a lot of silver stocks (and ETFs) at knock down silly prices before it really starts to move. Silver's latest COT chart, like gold's, is most encouraging too, with the dumb and wrong Large Specs emboldened to try shorting it again – good luck with that. Click on chart to pop-up a larger, clearer version. Meanwhile the silver Hedger's chart is showing record bullish extremes. Click on chart to pop-up a larger, clearer version. Chart courtesy of sentimentrader.com On silver's latest 10-year chart we can see that the pattern may have morphed from what we earlier – and erroneously – thought was a downsloping Head-and-Shoulders bottom into a potential Double Bottom. It should turn up, especially given what gold and PM stocks did late last week. While this chart viewed in isolation doesn't look too inspiring, you will feel a lot better about it after you take into consideration the powerfully bullish COTs and Hedgers charts that we looked at above. The conclusion is that it is time to take positions in silver, silver futures, ETFs and stocks before everyone else gets the same idea. Speculative short positions in silver are huge and could drive a big spike once silver really starts to move against them. Clive Maund has been president of www.clivemaund.com, a successful resource sector website, since its inception in 2003. He has 30 years' experience in technical analysis and has worked for banks, commodity brokers and stockbrokers in the City of London. He holds a Diploma in Technical Analysis from the UK Society of Technical Analysts. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Statements and opinions expressed are the opinions of Clive Maund and not of Streetwise Reports or its officers. Clive Maund is wholly responsible for the validity of the statements. Streetwise Reports was not involved in the content preparation. Clive Maund was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. 2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By ...read more
  • 'Another Prospective Oxide Gold Target' Identified at Nevada Project

    'Another Prospective Oxide Gold Target' Identified at Nevada Project

    Source: Streetwise Reports 10/13/2018 This discovery further expands the Canadian company's pipeline of exploration opportunities in the Railroad District.Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) delineated another oxide gold target with further exploration potential at its Railroad-Pinion project in Nevada's Carlin Trend. The new LT target, 3 kilometers north-northwest of the company's Pinion deposit, was revealed in the results of 70 surface rock samples taken from a 400 meter by 200 meter area. Assay highlights included 12.9, 11.2, 6.65 and 4.5 grams per ton gold. The values overall spanned from less than 0.005 to 12.9 grams per ton gold. In comparison, previous rock sampling in the area ranged from less than 0.005 to 4.99 grams per ton gold. "LT is further evidence of the robust, district scale of the Railroad-Pinion mineral system. . .we believe that LT is not the last new target we will find this year," CEO and director Jonathan Awde commented in the news release. He noted LT is located further north and west than any areas Gold Standard has explored on the property to date. It bears the same characteristics of discoveries at Dark Star, Jasperoid Wash and Dixie "but with better surface gold exposure." The release explained that "gold mineralization is hosted in decalcified, silicified and oxidized multilithic dissolution collapse breccia proximal to a north-striking igneous dike." Read what other experts are saying about: Gold Standard Ventures Corp. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Gold Standard Ventures. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell ...read more
  • Canadian Metals Explorer Now Offers 'Attractive Entry Point'

    Canadian Metals Explorer Now Offers 'Attractive Entry Point'

    Source: Streetwise Reports 10/13/2018 A Fundamental Research Corp. report relayed this company's investment highlights.In an Oct. 9 research note, Fundamental Research Corp. analyst Siddarth Rajeev indicated that Golden Arrow Resources Corp.'s (GRG:TSX.V; GAC:FSE; GARWF:OTCQB) recent share price drop represents a current buying opportunity. Fundamental has a CA$0.98 per share fair value estimate on Golden Arrow; the company's stock price is now around CA$0.29 per share. The average enterprise value:resource ratio of the other junior silver companies in Fundamental's coverage universe has decreased to CA$1.63 per silver equivalent ounce from CA$2.29 since May, when the research firm initiated coverage on Golden Arrow, due to the decrease in silver prices. Golden Arrow's shares are trading at CA$0.54 per ounce, much lower than the average. Aside from its current valuation, Golden Arrow is an attractive investment, in part, Rajeev pointed out, due to its joint venture partnership, with SSR Mining, in Puna Operations Inc., which is composed of the Chinchillas and Pirquitas projects. Golden Arrow owns 25% of Puna; SSR owns 75%. This year, 3 to 4.4 million ounces of silver are to be produced at Chinchillas, according to SSR Mining estimates. "GRG will receive a 25% share of the net profit," Rajeev emphasized. Ore from Chinchillas will be processed at Pirquitas, and that should begin soon. Also, Golden Arrow owns the Antofalla project in Argentina, which recently yielded "encouraging" drill results, indicated Rajeev. They included 3 meters of 191 grams per ton silver, 1 meter of 283 grams per ton silver and 2.1% zinc. Rajeev reiterated that Golden Arrow is rated Buy. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation ...read more
  • U.S. Precious Metals Firm's Q1 FY19 Streaming Deliveries, Revenue Beat Expectations

    U.S. Precious Metals Firm's Q1 FY19 Streaming Deliveries, Revenue Beat Expectations

    Source: Streetwise Reports 10/11/2018 A BMO Capital Markets report reviewed this Denver, Colo.-based company's quarterly sales.In an Oct. 9 research note, Andrew Kaip highlighted Royal Gold Inc.'s (RGLD:NASDAQ; RGL:TSX) reported sales from its streaming agreements. Gold sales and silver and copper deliveries during Q1 FY19 were "higher than estimated." Gold stream deliveries were 46,000 ounces (46 Koz) versus BMO's estimated 43.5 Koz, and gold inventory dropped to 20 Koz from 22 Koz. Silver and copper stream deliveries were 544 Koz and 0.7 thousand tons (0.7 Kt), respectively, compared to BMO's expectations of about 456 Koz silver and 0.5 Kt copper. During the quarter ended Sept. 30, 2018, the company's streaming revenue is estimated at $69.5 million, which would exceed BMO's $62.7 million forecast. At the same time, costs were down, coming in at an estimated $16.4 million versus BMO's anticipated $19.8 million. "We expect a positive revision to our estimates," Kaip indicated. As for average metals prices, they were lower in Q1/19, quarter over quarter. Gold was $1,221 per ounce ($1,221/oz) versus $1,314/oz one quarter earlier. Silver was $15.25/oz compared to $16.55/oz. Copper was $5,800 per ton, down from $6,847 per ton. Cost of sales during the quarter were $288/oz of gold equivalent, down from $349/oz in Q4/18. Royal Gold is scheduled to release its Q1/19 results after the market close on Oct. 31, with a conference call to follow at noon Eastern Standard Time on Nov. 1. BMO has an Outperform rating and a $98 per share target price on Royal Gold, whose stock is trading currently at ~$77.93 per share. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation ...read more
  • Time to Rebalance Your Precious Metals Portfolio

    Time to Rebalance Your Precious Metals Portfolio

    Source: Maurice Jackson for Streetwise Reports 10/10/2018 Some precious metals ratios are out of whack, says Andy Schectman of Miles Franklin Precious Metals Investments in conversation with Maurice Jackson of Proven and Probable, and explains why he believes now is a good time to rebalance.Maurice Jackson: Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. We have some important topics to address today regarding physical, precious metals. Before we begin, for first time listeners, who is Miles Franklin, and what type of services do we provide? Andy Schectman: Miles Franklin is a precious metals company that's been in business in Minneapolis since 1990. We've operated almost 29 years without a customer complaint, ever. We have an A Plus rating with the Better Business Bureau, and are one of fewer than 30 companies in America to ever be approved by United States Mint as an authorized reseller of its product. And more than anything, in a federally non-regulated industry, Maurice, that stands for something. We've seen so much fraud in this industry, typically centered around the low-priced online retailers. In fact, we've never had a customer complaint is something we're very proud of. But the state of Minnesota takes it one step further. We're the only state in America that regulates the precious metals industry. We are beholden to the Commissioner of Commerce with the surety and background checks annually of every single one of our employees. "Silver is probably one of, if not the buying opportunity of a generation." That continuing education, compliance, surety bond is enough to make the majority of our competitors throughout the country boycott the state of Minnesota, as they too would be subservient to the same set of regulations that we are. And what it basically means is anyone buying precious metals from a company domiciled in Minnesota would have arguably the safest, most secure transaction in the country, because the state regulations all but guarantee it. Maurice Jackson: You and I had an offline discussion regarding the opportunity of a lifetime that you see in silver. Let's discuss the value proposition before us regarding silver. Please share, what has your attention at the moment, and why. Andy Schectman: When I look back over the years and try to identify the moments or the trends that have shaped our success, and the calls that we have made as a company that have panned out, they typically center around anomalies or distortions in the price market. We can take a look at the position of the most sophisticated, well-funded, well-informed traders in the globe, the commercial banks, and in particular JP Morgan, and see something very illuminating. First off, JP Morgan has amassed over 800 million ounces of physical silver in its house account. That is eight times what the Hunt Brothers tried to accumulate in 1980. It is, in fact, the largest physical position the world ...read more
  • If This Doesn't Scare You, Nothing Will

    If This Doesn't Scare You, Nothing Will

    Source: Clive Maund for Streetwise Reports 10/09/2018 Technical analyst Clive Maund charts the markets and explains why he finds that the U.S. stock market is at an unprecedented overbought extreme.There are times in life when being alarmed is actually a healthy defense mechanism that gives you an advantage over the many for whom "ignorance is bliss." This is one of those times. The U.S. stock market is now at a dangerous unprecedented overbought extreme, as the charts that we will look at in this update make abundantly clear, after years of being wafted higher by a combination of QE, ZIRP and stock buybacks, and latterly Trump's tax bonanza, which has kept the party going by making windfall cash available for still more buybacks. However, with QE having already reversed into QT (Quantitative Tightening) and rates rising, the tide has already turned, and the vice is closing inexorably on the market, which will soon buckle and collapse back into an overdue and very necessary bear market that will serve to at least partially flush out the monstrous excesses of the past decade, before they come riding to the rescue with QE4. The magnitude of these excesses means that the bear market is likely to be anything but orderly, and it should be characterized by at least one big crash phase. With respect to the timing of the onset of this bear market, which will likely start with a crash phase, because of the continually increasing pressure being exerted by QT and rising rates, we can expect the Republican party to pull out all the stops to prevent it caving in before the mid-term elections in just under a month, since a strong economy is one of the central planks of their campaign. What may happen is that we see wild volatility around the time of the election and then, regardless of the outcome, the market goes down soon after. However, we should keep in mind that October has long been notorious as the month when stock market crashes are most likely to occur, and the Deep State, which controls the Democratic Party, would love nothing better than to bring the market crashing down ahead of the mid-terms in an effort to discredit Trump and the Republicans and reduce their share of the vote. The chief purpose of this article is to make it crystal clear to you, via the following charts, that the market is at a wild extreme and will soon tip into a savage bear market that will wipe out a lot of leveraged traders, so that you will not only be ready to take steps to protect yourselves, but for good measure position yourselves to turn this situation to your advantage. We start by looking at a very long-term chart for the S&P500 index that goes all the way back to 1980, which gives us a Big Picture perspective. ...read more
  • Imminent for Explorer: Resource Update at One Project, Drill Program Launch at Second

    Imminent for Explorer: Resource Update at One Project, Drill Program Launch at Second

    Source: Streetwise Reports 10/09/2018 This gold-silver company continues to simultaneously advance two of its projects in Mexico.Goldplay Exploration Ltd. (GPLY:TSX.V; GLYZF:OTCQB) provided an operational update on San Marcial and El Habal. At San Marcial, the company's high-grade silver-lead-zinc project, the primary focus of work underway is to calculate and release an NI-43-101-compliant resource estimate before year-end 2018. The update will encompass results from the 2010 drill holes and reinterpretation of the 2008 drill holes. A three-dimensional model of the deposit will also be used in this process. Sampling of the drill core, still in progress, should be completed soon. Also at San Marcial, Goldplay is preparing for "exploration over the coming months" of the 3 kilometers of unexplored mineralized trend there, noted the news release. It identified six discrete areas for drilling, and they encompass the 14 gold targets that geologists recently pinpointed, including mineralized breccia's strike extensions. With respect to El Habal, Goldplay's gold-silver project, the company is working to identify, assess, confirm and prioritize additional drill targets, with the intent of subsequently conducting a drill program. These efforts come following completion of an initial drilling campaign, at the Arenal, La Reina and Santos targets, and geophysical work, both of which indicated "an intrusive related gold system as a possible source of mineralization at El Habal," according to the release. Also, Goldplay subsequently took soil samples over three prospective areas, La Española, Octavia and Zona Sur, which included some newly identified targets. The company will review results from those and historical soil samples for indicators of key mineralization and structural controls. Other related, planned work, according to the release, includes geological mapping and sampling to delineate the connection with known mineralization in the already drilled area, structural mapping of surface and underground exposures "to better understand the key structural controls on the distribution of gold mineralization," and completing the geophysical model. Read what other experts are saying about: Goldplay Exploration Ltd. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Goldplay Exploration. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any ...read more
  • Why Five Industry Experts Have This Gold Explorer on Their Radar Screens

    Why Five Industry Experts Have This Gold Explorer on Their Radar Screens

    Source: Streetwise Reports 10/09/2018 With Nevada gold projects taking center stage in the M&A sphere, one new gold explorer that has grabbed the attention of industry observers is moving quickly to prove up its project.Nevada is no slacker when it comes to massive gold mines. Barrick Gold's Cortez Gold Mine and Goldstrike Mine each produce over 1 million ounces of gold a year, and Newmont Mining's Carlin Operations aren't far behind. Nevada gold acquisitions are rampant this year as well. In the past year alone, Hecla Mining acquired Klondex Mines for a staggering $426 million, Alio Gold acquired Nevada-based Rye Patch in a deal valued at $128 million and Coeur Mining has just taken over Northern Empire at the cost of $90 million. Good companies with good projects are in demand. One company with similar geology in the same geography is just getting started. American Pacific Mining Corp.'s (USGD:CSE; USGDF:OTC) flagship property is the Tuscarora Gold Project in Elko, Nevada. "Tuscarora is similar to Klondex's Fire Creek property, a high grade, high-level epithermal vein system," American Pacific's CEO Warwick Smith told Streetwise Reports. Bob Moriarty of 321 Gold noted in May that "it's always nice to drill a home run hole with 143.5 g/t gold grade but even better when you can pick up such a project essentially for peanuts after someone else already found the vein system for you. . . We know from past results from both Newcrest and Novo that there are multiple bonanza grade veins at Tuscarora." American Pacific Mining (USGD:CSE; USGDF:OTC) emerged from a "hot" gold company last year. Novo Resources Corp. (NVO:TSX.V) was one of the top gold discoveries of 2017. In mid-2017, Novo announced the discovery of gold nuggets at its Karratha gold project in Western Australia. This was the first indication that Novo's world-famous geologist, Dr. Quinton Hennigh, and his theory of a massive field of gold nuggets in Western Australia may be proven correct. This discovery propelled Novo Resources' stock price upwards. Over the next three months following the announcement of this discovery, its stock went from CA$0.83 to a peak of CA$8.55, an increase of about 930%. The stock sits at CA$2.67 at the time of writing. Early investors made handsome profits from Novo Resources. Chen Lin, the force behind the newsletter What is Chen Buying? What is Chen Selling?: "I discussed [the Tuscarora project] with Quinton Hennigh two years ago. He told me it was a project that he had an eye on for 20 years..." "American Pacific Mining was founded to advance one of Nevada’s most promising projects," said CEO Warwick Smith. He explained that this was American Pacific Mining's "once in a lifetime opportunity." One of American Pacific's directors, Ken Cunningham, knew Dr. Quinton Hennigh, president and chairman of Novo Resources. The two sides managed to quickly cut a deal, and the Tuscarora Gold project was optioned by ...read more