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Gold Stock Trades Editor Jeb Handwerger is a highly sought-after stock analyst syndicated internationally and known throughout the financial industry for his accurate and timely analysis of the equities markets, particularly the metals and mining sector. Subscribe to his FREE Newsletter right... More
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  • Recent Rally In Junior Gold Miners (GDXJ) Just Beginning

    Junior gold miners may be on the verge of a major breakout past three month highs after The Federal Reserve continues to push back interest rate increases. There is a stealth rally underway for junior miners as gold tests resistance after bouncing off its lows in late July. Investors appear to be rotating from the Dow into precious metals as investors may be anticipating even greater easing efforts globally due to China's recent weakness and Yuan devaluation. This could continue to push precious metals, the large miners such as Barrick Gold (NYSE:ABX) and mid-tiers such as Alamos Gold (NYSE:AGI) higher. The fear of rate increases that pushed precious metals down is decreasing. The recent rally in precious metals and junior miners may be just beginning as I expect to see increased mergers and acquisitions off of these depressed low prices.

    (click to enlarge)

    A company I have highlighted since the beginning of 2015 is Carlisle Goldfields (OTCQX:CGJCF) which traded as much as 40% higher on record volume as they released news that they are in "discussions concerning a potential commercial transaction." Carlisle is currently partnered with NYSE Producer Alamos Gold on Lynn Lake up in Manitoba, Canada. It is one of the top open pit gold projects in Canada.

    See the recent news on the potential transaction by clicking here…

    See my recent interview with Carlisle (CGJ.TO or CGJCF) CEO Abraham Drost by clicking here…

    NuLegacy Gold (OTCQX:NULGF) was up 22% yesterday after they released news that they completed the 70% earn in with Barrick Gold . The Iceberg Deposit is adjacent to three of Barrick's huge gold deposits that are the most profitable and safest in the world. NuLegacy spent $5 million USD to earn the 70% interest which is quite impressive in this tough market. Barrick has 90 days to elect to earn back in by spending $15 million USD on the property over 5 years or remain a minority 30% partner.

    See the full news release completing the earn in agreement by clicking here…

    See my recent interview with NuLegacy Gold (NUG.V or NULGF) CEO James Anderson by clicking here…

    Corvus Gold (OTCQX:CORVF) has doubled since the beginning of October. They released an impressive video of the project and a 3D video of the Yellowjacket Discovery. See the new video highlighting the project by clicking here…

    Corvus closed on a $2 million financing with no warrants with a deep pocketed major Private Equity Firm (Resource Capital Fund) in early September and then intersected a gold-silver system on the untested eastern side of North Bullfrog. Jeff Pontius, Corvus Gold CEO stated, "The detection of gold and silver mineralization in the large East Bullfrog target area has the potential to be a game changer for the property as the area is nearly three times the size of the area hosting our current deposits…we believe that Corvus Gold is uniquely positioned in the junior sector to make a major value impact in the coming months."

    See my recent interview with Corvus Gold (KOR.TO or CORVF) CEO Jeff Pontius by clicking here…

    Disclosure: I own Carlisle, NuLegacy and Corvus. NuLegacy and Corvus are current website sponsors. Carlisle was a past sponsor. This is not financial advice and I do have a conflict of interest as I could benefit if the share price increases. Junior Mining stocks are very risky.


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    For informational purposes only. This is not investment advice. May contain forward looking statements.

    Oct 14 3:52 PM | Link | Comment!
  • Coming Supply Shortage In Base Metals Could Boost These 3 Junior Miners

    For the past two weeks I have written to my premium subscribers to look at copper and the industrial metals as I saw deep pocketed private equity funds and billionaires such as Carl Icahn and KKR taking big bets on beaten down Dr. Copper hitting five year lows. I knew that a bottom could be forming and that we could be near the final turn. It was my first copper bet in many years.

    (click to enlarge)

    Now it appears that the call of a bottom in copper and industrial metals could be confirmed by the recent news that Glencore is cutting global production of zinc. Copper and nickel could be next. The Commodity Giants such as Glencore are in great financial duress right now shutting down mines left and right that are losing money at these low commodity prices. They recently shut down two African Mines.

    Other industrial metals most notably copper are also rising as the recent downturn in prices has forced many of the high cost mines to shut down as well as the companies could not turn a profit. The news out of Glencore over zinc is also shocking the copper market highlighting the painful effects of this commodity crash as even the giants have fallen. There is a coming supply shortage coming to the commodity markets which could be unparalleled as the major miners have been absolutely devastated in this historic downturn.

    1)Attention should be paid to Excelsior Mining (MIN.V or EXMGF) who just announced that they purchased out of receivership an adjacent Copper Mine to their Gunnison Project in Arizona and will be raising $12 million USD. The Mine comes with a working solvent extraction plant which could process solutions from Gunnison saving time and money to get into production. Commenting on the Johnson Camp Transaction, Stephen Twyerould, President and CEO of the Company, said, "This is expected to allow us to significantly reduce our upfront capital requirements and the time required for the start-up of the Gunnison Project. The Company also intends to thoroughly examine the potential of Johnson Camp, especially since this is the first time in its 130 year history that the entire Johnson Camp district has been consolidated under one ownership."

    Excelsior's Gunnison Project is possibly the lowest cost and most advanced project in the US in control of a junior miner at the Prefeasibility stage. Because of the uniqueness of the project copper can be recovered through In-Situ Recovery (NYSEMKT:ISR). I have learned about ISR from the uranium sector most notably from the low cost ISR producer Uranerz Energy which was acquired by Energy Fuels (OTC:UUUU) earlier this year.

    See the full news release on Excelsior's Johnson Camp acquisition and financing by clicking here….

    See my recent interview with Excelsior Mining (MIN.V or EXMGF) CEO Stephen Twyerould by clicking here…

    2)Keep a close eye on Uranium Resources (NASDAQ:URRE) whose merger with Anatolia is deeply supported by both sides. This new deal could make URRE a near term low cost producer with the Temrezli Project. Cost savings were impressive and the company could be well positioned after the consolidation for the coming upturn in uranium prices. Don't forget URRE has many idled projects in the US which could also provide leverage to a rebound in uranium prices. In the meantime, URRE will now have the Temrezli ISR Project which is at the Feasibility Stage and could be a profitable project even at these low uranium price levels. Merger should close around November 9th.

    See the news release showing overwhelming support from Anatolia and URRE shareholders by clicking here…

    See my recent interview with Uranium Resources (URRE) CEO Chris Jones by clicking here…

    3)An earlier stage nickel explorer in Voisey's Bay Equitas Resources (EQT.V) continues to excite me and grab the attention of the junior mining investment community. They recently acquired additional claims to the west of their Garland Property which the company is currently drilling. VP Exploration of Equitas (EQT.V) Everett Makela recently stated in the press release, "I am pleased with the progress of the Phase 2 campaign to date..The three additional anomalies at O, P and Q increase our odds for success, and we are adjusting the program to accommodate exploration of these targets. Recent interpretation of the multi-km Southern Response Trend has led to a shift of exploration focus to this area. We will continue to provide updates on results as they become available". Mr. Makela worked with Inco and Vale on nickel exploration and is a specialist in target generation and managing exploration programs.

    See the recent update on exploration at Garland by clicking here…

    See my recent interview with Equitas (EQT.V) CEO Kyler Hardy by clicking here…

    Disclosure: I own shares in MIN, URRE and EQT. They are all website sponsors so I do have a conflict of interest as I would benefit if the share price increases. This is not financial advice. Please do your own due diligence as there are many risks.

    Oct 12 10:22 AM | Link | Comment!
  • Lithium Ion Batteries Seeing Huge Increase In Consumption, Boosting Demand For These Junior Miners

    Lithium and graphite are two of the most important materials for lithium ion batteries which have seen a huge increase in consumption over the past decade. Annual growth is around 20% which means demand doubles every five years at this point. The main driver is the increase in use of smartphones, laptops and tablets in addition to the increasing popularity of Tesla's electric cars.

    (click to enlarge)

    While the TSX Venture has been crushed in 2015. Our positions in graphite and lithium continue to outperform as shown by the chart above.

    Increasing volume and price rises have recently come into some of our featured companies…

    1)News today out of Dajin Resources (OTCPK:DJIFF) from their Alkali Lake Property are results from a gravity survey which showed a deep closed basin of 4000 ft. This means the property has the potential to be an additional source of lithium brine. What is important about Alkali Lake is that it is just 12km from Albemarle (NYSE:ALB) Lithium Mine…North America's only producing brine based mine.

    2)Dajin is trying to follow in the footsteps of the more advanced Pure Energy Minerals (OTCQB:HMGLF) which has seen a huge boost of interest after the NI 43-101 Inferred Resource. Pure Energy and Dajin are located in the same prospective Clayton Valley area near Albemarle's Silver Peak Lithium Mine. This area should become the source of large amounts of cheap lithium to Tesla's Gigafactory. Pure Energy's project has nice size of 816k metric tonnes of Lithium Carbonate Equivalent (LCE) in the inferred category. I am now quite excited for Pure Energy to report on some of the economics of converting brine to lithium for batteries. I know management is working with major technological partners such as Tenova Bateman and South Korea's POSCO.

    3)Great Lakes Graphite (OTCPK:GLKIF) is recommissioning a Micronization Facility in Ontario and may have some near term opportunities to sell micronized graphite. Graphite needs to be ground into a fine powder to a standard microscopic level for end users in many different industries from lubricants to batteries. Great Lakes is already sourcing flake graphite material not from its own properties and is ready to start recommissioning the Matheson Micronization Facility as they have already closed on the major financing. The plant is adjacent to a major highway and rail. Now with the financing in place I hope to hear news that the plant could restart operations in the near term. There are still many obstacles and risks in any startup, but it is quite positive that this little company has advanced this far building a technical and marketing team ready to supply a market growing in demand. Great Lakes is different that the average graphite company in that they are focused on near term profitability and cash flow through graphite processing, which then can give it the financial strength to develop their own graphite deposits.

    See my recent interview with Great Lakes CEO Paul Gorman by clicking here…

    Disclosure: I own HMGLF, DJIFF and GLKIF. They are all website sponsors. Please do your own due diligence.

    Aug 19 10:57 AM | Link | 1 Comment
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