Introduction

This is an article written by Doug Beattie, written and published elsewhere on January 30, 2019. He was so generous to let me republish this article and others on my new website under construction, uraniumstocks.com (still a work in progress as it seems impossible to find a free data feed for the uranium stock table), and now I decided to publish it here as well as I find his knowledge and experience impressive, under the condition that I would make several things clear for readers before they continue with the article:

• Readers should be made well aware that Doug Beattie is retired and has not accepted, and will not accept, any compensation for the reports  he has written.  Once compensation comes into the equation, it takes away some of his editorial liberty and would likely cause him to become very cautious with what he has to say. 

Puna Operation; Chinchillas Mine

Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) surprised the markets with their sale of its 25% interest in Puna Operations to majority JV parter SSR Mining, right at a time where precious metals seemed to have left a bear market behind them. The Puna Operation just ramped up to full production a quarter ago, and it seemed only a matter of time for high opex to come down, as a new mine always has to finetune things. When costs would have been normalized, Puna could finally start to bring in cash for Golden Arrow, to finance their exploration efforts. It never got that far unfortunately.

President & CEO Jeff Sundar in the middle at Chevrier

This article by Brian Leni has been published first at Junior Stock Review.

All pictures are company material, unless stated otherwise.

What is the significance of surpassing $1400 USD per ounces of gold?

Personally, I view the price of gold as a bell weather for the global economy, essentially signalling the health of markets. Without a doubt in my mind, the complexity of the global marketplace is only increasing and because of this, I can’t help but think that any of these attempts to control it will fail and only add to the damage that has already been done.

Ivana deposit; Rio Negro province, Argentina

1. Introduction

Kiyuk Lake project

1. Introduction

It took Avrupa Minerals (AVU.V) a few weeks longer than anticipated to release the first drill results of the Q4 2018 program on the Sesmarias project, part of their Alvalade license located in Portugal, as bringing good news right before PDAC usually generates healthy attention, but the numbers came out pretty interesting anyway in my view. The self-funded 2018 drill program appears to be a real eye-opener for management, as the recently completed 2,498 meters of drilling (6 holes) not only changed their insights on the position of the mineralized lenses discovered so far, but also showed other potentially mineralized structures by intercepting stockwork besides lenses. Step-out drilling of the known 10 Lens is also going according to plan, adding decent tonnage rapidly. Here is an overview of the identified mineralized envelopes/zones at Sesmarias: