SLR – Macquarie rates the stock as Outperform
The target price of $2.10 is unchanged. Outperform rated.
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MinRex Resources is Actively Exploring Just a Few Kilometers from $1.1 BN Silver Lake Resources
Gold explorer MinRex Resources (ASX: MRR), which holds ground just a few kilometres to the north-east of the $1.2 billion capped Silver Lake Resources Ltd’s (ASX: SLR) gold and copper Deflector Mine, is set to release new exploration results at its Deflector Extended Gold Project at Gullewa in Western Australia.
Read MoreBond Yields Surge: When Do Equity Markets Worry?
Let’s consider what the real impact of rising yields have on stock markets during the different phases they enter, because this is important, and far too many professionals don’t understand bonds and their impact on other asset classes.
Read MoreGold – Is It Time For Another Move Higher?
It seems that after several months of rest the gold price is showing promise again. Remember I am a gold bug who believes the gold price will be significantly higher in the coming year and years and have spoken at length about the basis behind why gold (platinum and silver too) will be much higher.
Read MoreGold Really Is Shining – My Forecasts Raised
I know this is the fifth time I am writing about gold but with the precious metal surging to fresh new multi-year highs I need to stress to readers the enormous opportunity that is being presented to investors.
Read MoreHow Great Does Gold Look?
Gold continues to perform well in US dollar terms and even better in Australian Dollar terms and the backdrop to a higher gold price is only strengthening. It, along with the “yield crunch” thematic I have discussed here all year long are my two favourite broad market trends that present an enormous opportunity for investors.
Read MoreSilver Lake And Doray Minerals Agree On Gold Merger Deal
Doray Minerals has agreed to merge with Silver Lake Resources in a $421 million all paper deal that is yet another example of consolidation in the West Australian gold sector.
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