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    <title>Daniel Fridson - Seeking Alpha</title>
    <description>© seekingalpha.com. Use of this feed is limited to personal, non-commercial use and is governed by Seeking Alpha's Terms of Use (http://seekingalpha.com/page/terms-of-use). Publishing this feed for public or commercial use and/or misrepresentation by a third party is prohibited.</description>
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      <name>SeekingAlpha.com</name>
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    <link>http://seekingalpha.com/author/daniel-fridson</link>
    <item>
      <title>Kirkland Lake Gold: High-Grade, Low-Risk</title>
      <link>http://seekingalpha.com/article/1322781-kirkland-lake-gold-high-grade-low-risk?source=feed</link>
      <guid isPermaLink="false">1322781</guid>
      <content>
        <![CDATA[<p>Reckless overspending and over-expansion in the past few years has become virtually synonymous with the world's largest gold mining companies. Newly installed CEOs like Barrick's Jamie Sokalsky have <a href="http://www.kitco.com/reports/KitcoNews20130214AS.html" rel="nofollow">insisted</a> that boondoggle projects are a thing of the past. Glencore's CEO <a href="http://www.bloomberg.com/news/2013-02-25/glencore-s-glasenberg-berates-mining-ceos-for-building-new-mines.html" rel="nofollow">publically ripped fellow majors</a> for such behavior.</p><p>In this climate, many investors are looking for companies that focus on a small number of high-quality projects. Such investors would be well-served to take a look at Kirkland Lake Gold (<a href='http://seekingalpha.com/symbol/kgilf.pk' title='Kirkland Lake Gold'>KGILF.PK</a>), which was conceived precisely to serve these mandates.</p><p>"When we started out, we were looking for assets with big exploration potential", said CEO Brian Hinchcliffe in a phone interview, "so we looked particularly in Canada for mines with production history." The Kirkland Lake area has a century of gold production history, and when geologists saw a new ore body in the area, it seemed to fit the bill.</p><p>Already</p>]]>
      </content>
      <pubDate>Fri, 05 Apr 2013 06:32:29 -0400</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><p>Reckless overspending and over-expansion in the past few years has become virtually synonymous with the world's largest gold mining companies. Newly installed CEOs like Barrick's Jamie Sokalsky have <a href="http://www.kitco.com/reports/KitcoNews20130214AS.html" rel="nofollow">insisted</a> that boondoggle projects are a thing of the past. Glencore's CEO <a href="http://www.bloomberg.com/news/2013-02-25/glencore-s-glasenberg-berates-mining-ceos-for-building-new-mines.html" rel="nofollow">publically ripped fellow majors</a> for such behavior.</p><p>In this climate, many investors are looking for companies that focus on a small number of high-quality projects. Such investors would be well-served to take a look at Kirkland Lake Gold (<a href='http://seekingalpha.com/symbol/kgilf.pk' title='Kirkland Lake Gold'>KGILF.PK</a>), which was conceived precisely to serve these mandates.</p><p>"When we started out, we were looking for assets with big exploration potential", said CEO Brian Hinchcliffe in a phone interview, "so we looked particularly in Canada for mines with production history." The Kirkland Lake area has a century of gold production history, and when geologists saw a new ore body in the area, it seemed to fit the bill.</p><p>Already</p><br/><a href='http://seekingalpha.com/article/1322781-kirkland-lake-gold-high-grade-low-risk?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/kgilf.pk">KGILF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
    </item>
    <item>
      <title>REV Your Engines: EnWave Corp. Ready To Capitalize On Groundbreaking Technology</title>
      <link>http://seekingalpha.com/article/1161441-rev-your-engines-enwave-corp-ready-to-capitalize-on-groundbreaking-technology?source=feed</link>
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      <content>
        <![CDATA[<p>The TSX Venture Exchange is perhaps best known for its seemingly bottomless reservoir of early-stage mining outfits, but is also home to a number of highly promising technology companies. This makes sense given the requirements and structure of the exchange, designed for early-stage companies with potential to attract investors in the public equity markets. In 2011 and 2012, the winner of the TSX Venture's "Pick of the Street" award for the technology and life sciences category was Vancouver-based EnWave Corporation (<a href='http://seekingalpha.com/symbol/nwvcf.pk' title='Enwave Corp &#40;Cda&#41;'>NWVCF.PK</a>), a very intriguing niche company that has grown to a market capitalization of over $111 million CAD ($111.4 million USD) despite being at least two years away from its cash flow breakeven point. Impressively, the company also boasts zero debt load, and a cash position and burn rate that would allow for two and a half more years of R&amp;D without having to re-invest any revenue.</p> <p>So what does</p>        ]]>
      </content>
      <pubDate>Wed, 06 Feb 2013 15:02:31 -0500</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><p>The TSX Venture Exchange is perhaps best known for its seemingly bottomless reservoir of early-stage mining outfits, but is also home to a number of highly promising technology companies. This makes sense given the requirements and structure of the exchange, designed for early-stage companies with potential to attract investors in the public equity markets. In 2011 and 2012, the winner of the TSX Venture's "Pick of the Street" award for the technology and life sciences category was Vancouver-based EnWave Corporation (<a href='http://seekingalpha.com/symbol/nwvcf.pk' title='Enwave Corp &#40;Cda&#41;'>NWVCF.PK</a>), a very intriguing niche company that has grown to a market capitalization of over $111 million CAD ($111.4 million USD) despite being at least two years away from its cash flow breakeven point. Impressively, the company also boasts zero debt load, and a cash position and burn rate that would allow for two and a half more years of R&amp;D without having to re-invest any revenue.</p> <p>So what does</p>        <br/><a href='http://seekingalpha.com/article/1161441-rev-your-engines-enwave-corp-ready-to-capitalize-on-groundbreaking-technology?source=feed'>Complete Story &raquo;</a>]]>
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      <category type="symbol" link="http://seekingalpha.com/symbol/nwvcf.pk">NWVCF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
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    <item>
      <title>Newstrike Capital And The Mexican Gold Boom</title>
      <link>http://seekingalpha.com/article/961861-newstrike-capital-and-the-mexican-gold-boom?source=feed</link>
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      <content>
        <![CDATA[<p>America's neighbor to the south has been famous for its silver mines, but has emerged in the past few years as the world's tenth largest producer of gold. As rising gold prices have driven industry majors into increasingly risky countries, it is only logical that North American producers would ramp up their efforts in Mexico, an emerging economy with a long tradition of natural resource commerce with the U.S. and Canada. Fortunately, the deposits therein have proven sufficient to justify the increased exploration activity. Just under two years ago, an experienced exploration and management team that had been on the forefront of this development started a new venture in the state of Guerrero.</p><p>The company, called Newstrike Capital (<a href='http://seekingalpha.com/symbol/nwskf.pk' title='Newstrike Capital'>NWSKF.PK</a>), has generated considerable buzz from analysts, even before its maiden resource statement, due by year end. When CEO Richard Whittall wistfully described the first year of the project in a phone</p>]]>
      </content>
      <pubDate>Tue, 30 Oct 2012 13:01:18 -0400</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><p>America's neighbor to the south has been famous for its silver mines, but has emerged in the past few years as the world's tenth largest producer of gold. As rising gold prices have driven industry majors into increasingly risky countries, it is only logical that North American producers would ramp up their efforts in Mexico, an emerging economy with a long tradition of natural resource commerce with the U.S. and Canada. Fortunately, the deposits therein have proven sufficient to justify the increased exploration activity. Just under two years ago, an experienced exploration and management team that had been on the forefront of this development started a new venture in the state of Guerrero.</p><p>The company, called Newstrike Capital (<a href='http://seekingalpha.com/symbol/nwskf.pk' title='Newstrike Capital'>NWSKF.PK</a>), has generated considerable buzz from analysts, even before its maiden resource statement, due by year end. When CEO Richard Whittall wistfully described the first year of the project in a phone</p><br/><a href='http://seekingalpha.com/article/961861-newstrike-capital-and-the-mexican-gold-boom?source=feed'>Complete Story &raquo;</a>]]>
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      <category type="symbol" link="http://seekingalpha.com/symbol/nwskf.pk">NWSKF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
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    <item>
      <title>Midway Gold: Is This Junior Miner Worth Its Weight?</title>
      <link>http://seekingalpha.com/article/845071-midway-gold-is-this-junior-miner-worth-its-weight?source=feed</link>
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      <content>
        <![CDATA[<p>A reader recently asked me about Midway Gold, so I thought I'd give a quick overview of the stock and my outlook on junior gold miners in general.</p><blockquote class="quote">
  <p>I invested in Midway gold (<a href='http://seekingalpha.com/symbol/mdw' title='Midway Gold Corp'>MDW</a>) stock, thinking that its slide had ended and that it would be shooting back up to $1.40 for a quick gain. Instead, I bought it at $1.19, and almost immediately it started to go down, down, down. It's now at $1.10, and was flirting with dropping below its 52 week low of $1.07 yesterday. Is there any reason stocks like this one drop on heavy volume with no news reports? That stuff gets me nervous. All of the indicators tell me this is a good stock, run by people who know gold and silver mining. My worries are 1) That Barrick Gold would pull the rug from under Spring Valley project, and 2) That permit issues</p>
</blockquote>]]>
      </content>
      <pubDate>Tue, 04 Sep 2012 12:44:04 -0400</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><p>A reader recently asked me about Midway Gold, so I thought I'd give a quick overview of the stock and my outlook on junior gold miners in general.</p><blockquote class="quote">
  <p>I invested in Midway gold (<a href='http://seekingalpha.com/symbol/mdw' title='Midway Gold Corp'>MDW</a>) stock, thinking that its slide had ended and that it would be shooting back up to $1.40 for a quick gain. Instead, I bought it at $1.19, and almost immediately it started to go down, down, down. It's now at $1.10, and was flirting with dropping below its 52 week low of $1.07 yesterday. Is there any reason stocks like this one drop on heavy volume with no news reports? That stuff gets me nervous. All of the indicators tell me this is a good stock, run by people who know gold and silver mining. My worries are 1) That Barrick Gold would pull the rug from under Spring Valley project, and 2) That permit issues</p>
</blockquote><br/><a href='http://seekingalpha.com/article/845071-midway-gold-is-this-junior-miner-worth-its-weight?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/gdxj">GDXJ</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/abx">ABX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/mdw">MDW</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
    </item>
    <item>
      <title>Mining Executives Talk Tungsten</title>
      <link>http://seekingalpha.com/article/824731-mining-executives-talk-tungsten?source=feed</link>
      <guid isPermaLink="false">824731</guid>
      <content>
        <![CDATA[<p>Tungsten has confounded generations of chemistry students with its seemingly nonsensical "W" symbol below the number 74 on the periodic table of elements. However, to industry professionals, the uses and importance of tungsten are very clear. As far back as 1913, renowned physicist and General Electric Laboratory director William D. Coolidge successfully filed a patent for the industrial use of tungsten. However, the patent was overturned by the Supreme Court in 1928. To date, it is the only element that anyone has tried to license exclusively in the U.S.</p><p>Today, half of tungsten produced is in the form of tungsten carbide, a material with three times the stiffness of steel and a greater density than titanium. Tungsten carbide is virtually indispensable in the production of cutting tools, and has numerous other applications in hard materials. Steel alloys strengthened by tungsten have proved a huge advantage in military equipment, both in</p>]]>
      </content>
      <pubDate>Thu, 23 Aug 2012 14:31:42 -0400</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><p>Tungsten has confounded generations of chemistry students with its seemingly nonsensical "W" symbol below the number 74 on the periodic table of elements. However, to industry professionals, the uses and importance of tungsten are very clear. As far back as 1913, renowned physicist and General Electric Laboratory director William D. Coolidge successfully filed a patent for the industrial use of tungsten. However, the patent was overturned by the Supreme Court in 1928. To date, it is the only element that anyone has tried to license exclusively in the U.S.</p><p>Today, half of tungsten produced is in the form of tungsten carbide, a material with three times the stiffness of steel and a greater density than titanium. Tungsten carbide is virtually indispensable in the production of cutting tools, and has numerous other applications in hard materials. Steel alloys strengthened by tungsten have proved a huge advantage in military equipment, both in</p><br/><a href='http://seekingalpha.com/article/824731-mining-executives-talk-tungsten?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/mlgaf.pk">MLGAF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/natuf.pk">NATUF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
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    <item>
      <title>3 American Junior Industrial Miners With Plenty Of Upside</title>
      <link>http://seekingalpha.com/article/791491-3-american-junior-industrial-miners-with-plenty-of-upside?source=feed</link>
      <guid isPermaLink="false">791491</guid>
      <content>
        <![CDATA[<p>Diligent chemistry students may remember vanadium as the 23rd element on the periodic table. Most investors, save those focused on the diversified metals and mining space, may remember vanadium not at all. Yet according to the press releases of American Vanadium (<a href='http://seekingalpha.com/symbol/rmrcf.pk' title='American Vanadium'>RMRCF.PK</a>), and a company presentation at the annual Metals and Mining Conference in New York, the titular substance is the "Critical Element." A material once considered a key strategic priority by the United States government has seemingly flown under the radar. As explained in a dramatic video presentation, there are many industrial applications of vanadium and reason to believe that global demand is growing.</p><p>Vanadium's primary end use is in High Strength Low Alloy Steel, which can increase the strength of steel relative to standard carbon steel by up to 100%, in addition to decreasing weight by around 30% and lowering energy consumption, shipping costs, and production of pollutants.</p>]]>
      </content>
      <pubDate>Wed, 08 Aug 2012 16:36:40 -0400</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><p>Diligent chemistry students may remember vanadium as the 23rd element on the periodic table. Most investors, save those focused on the diversified metals and mining space, may remember vanadium not at all. Yet according to the press releases of American Vanadium (<a href='http://seekingalpha.com/symbol/rmrcf.pk' title='American Vanadium'>RMRCF.PK</a>), and a company presentation at the annual Metals and Mining Conference in New York, the titular substance is the "Critical Element." A material once considered a key strategic priority by the United States government has seemingly flown under the radar. As explained in a dramatic video presentation, there are many industrial applications of vanadium and reason to believe that global demand is growing.</p><p>Vanadium's primary end use is in High Strength Low Alloy Steel, which can increase the strength of steel relative to standard carbon steel by up to 100%, in addition to decreasing weight by around 30% and lowering energy consumption, shipping costs, and production of pollutants.</p><br/><a href='http://seekingalpha.com/article/791491-3-american-junior-industrial-miners-with-plenty-of-upside?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/amyzf.pk">AMYZF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/wlcdf.pk">WLCDF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/lit">LIT</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/rmrcf.pk">RMRCF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/ermaf.pk">ERMAF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
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    <item>
      <title>Samsung: A Safe Bet For Bulls, A Good Hedge For Bears</title>
      <link>http://seekingalpha.com/article/293353-samsung-a-safe-bet-for-bulls-a-good-hedge-for-bears?source=feed</link>
      <guid isPermaLink="false">293353</guid>
      <content>
        <![CDATA[<div>The prophets of doom are out in full force these days. <a href="http://www.businessinsider.com/soros-eurozone-crisis-could-be-worse-than-lehman-2011-9" rel="nofollow">George Soros thinks</a> that the Eurozone debt crisis could have more far-reaching effects than the debilitating Lehman Brothers collapse of 2008. Raghuram Rajan, a professor of finance at the University of Chicago opines that there is little the Fed  <a href="http://news.xinhuanet.com/english2010/business/2011-09/08/c_131115366.htm" rel="nofollow">can do</a> to prevent a double-dip recession: "People keep acting as if Ben Bernanke has a few more magic tricks up his sleeve ... in my mind the Fed really has very little ammunition left; it's basically fired most of the bullets it had.” As for the world’s second-largest economy, while the oft-feared hard landing seems unlikely in the near term, exports and service sector growth seem to be running out of steam. <div>Without addressing the global economics debate, one can still ask how the bulls and the contrarians might proceed in such a pessimistic environment. It would</div></div>]]>
      </content>
      <pubDate>Tue, 13 Sep 2011 11:33:07 -0400</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><div>The prophets of doom are out in full force these days. <a href="http://www.businessinsider.com/soros-eurozone-crisis-could-be-worse-than-lehman-2011-9" rel="nofollow">George Soros thinks</a> that the Eurozone debt crisis could have more far-reaching effects than the debilitating Lehman Brothers collapse of 2008. Raghuram Rajan, a professor of finance at the University of Chicago opines that there is little the Fed  <a href="http://news.xinhuanet.com/english2010/business/2011-09/08/c_131115366.htm" rel="nofollow">can do</a> to prevent a double-dip recession: "People keep acting as if Ben Bernanke has a few more magic tricks up his sleeve ... in my mind the Fed really has very little ammunition left; it's basically fired most of the bullets it had.” As for the world’s second-largest economy, while the oft-feared hard landing seems unlikely in the near term, exports and service sector growth seem to be running out of steam. <div>Without addressing the global economics debate, one can still ask how the bulls and the contrarians might proceed in such a pessimistic environment. It would</div></div><br/><a href='http://seekingalpha.com/article/293353-samsung-a-safe-bet-for-bulls-a-good-hedge-for-bears?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/mdtmy.pk">MDTMY.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/panl">PANL</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/ssnlf.pk">SSNLF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
    </item>
    <item>
      <title>Why The Market Is Still Undervaluing Barrick And African Barrick</title>
      <link>http://seekingalpha.com/article/289516-why-the-market-is-still-undervaluing-barrick-and-african-barrick?source=feed</link>
      <guid isPermaLink="false">289516</guid>
      <content>
        <![CDATA[<p>Given the uncertainty of the current market climate and the looming possibility of a double-dip recession, many investors have sought refuge in gold, driving the price per ounce to nearly $2,000. Yet the general bullishness has seemingly not spread to mining stocks to the same degree, despite improvements across the board in cash flow and operating margins. Without directly addressing the debate concerning gold's proper long-term value relative to its current price, those seeking to avoid the volatility of direct commodities investment would be well served to look at mining stocks.</p>  <p>Such a position has been echoed widely in the past few weeks. In a recent <a href="http://online.barrons.com/article/SB50001424052702303822904576516114289723344.html" rel="nofollow"><i>Barron's</i> article</a>, ASA Gold and Precious Metals CEO David Christensen explained that while mining shares had been historically more leveraged than ETFs, the current gold rush had reversed the trend. Fred Hickey, author of &quot;The High-Tech Investor&quot; has affirmed an explicit preference </p>                        ]]>
      </content>
      <pubDate>Wed, 24 Aug 2011 10:47:46 -0400</pubDate>
      <author>Daniel Fridson</author>
      <description>
        <![CDATA[<strong><a href='http://seekingalpha.com/user/1006335/profile'>Daniel Fridson<a> submits:</strong><p>Given the uncertainty of the current market climate and the looming possibility of a double-dip recession, many investors have sought refuge in gold, driving the price per ounce to nearly $2,000. Yet the general bullishness has seemingly not spread to mining stocks to the same degree, despite improvements across the board in cash flow and operating margins. Without directly addressing the debate concerning gold's proper long-term value relative to its current price, those seeking to avoid the volatility of direct commodities investment would be well served to look at mining stocks.</p>  <p>Such a position has been echoed widely in the past few weeks. In a recent <a href="http://online.barrons.com/article/SB50001424052702303822904576516114289723344.html" rel="nofollow"><i>Barron's</i> article</a>, ASA Gold and Precious Metals CEO David Christensen explained that while mining shares had been historically more leveraged than ETFs, the current gold rush had reversed the trend. Fred Hickey, author of &quot;The High-Tech Investor&quot; has affirmed an explicit preference </p>                        <br/><a href='http://seekingalpha.com/article/289516-why-the-market-is-still-undervaluing-barrick-and-african-barrick?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/abx">ABX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/abglf.pk">ABGLF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/eqmif.pk">EQMIF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/daniel-fridson">Daniel Fridson</category>
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