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Diamcor Announces Continued Strong Tender and Sales Results For the Quarter Ended December 31, 2022
KELOWNA, BC / ACCESSWIRE / December 8, 2022 / Diamcor Mining Inc. (TSXV:DMI)(OTCQB:DMIFF)(FRA:DC3A), ("Diamcor" or, the "Company") announces today the results of its second and final tender and sale of rough diamonds recovered from the processing of quarry material from the Company's Krone-Endora at Venetia Project (the "Project") for the current quarter ended December 31, 2022.… READ MOREWe Sell Precious Metals - Licensed Dealer for Miles Franklin
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Rhodium Investing
Recorded July 2017 at the Sprott Natural Resource Symposium, in our interview with Small Cap Power, listen to our call on Rhodium. Scroll to the 4:05 Mark. 1 oz. of Rhodium at the time was trading between $870 – $950, since then price for 1 oz. Rhodium has reached the price of $28,000! That’s correct $28,000!!!
Rhodium is an extremely rare precious metal – even more rare than its more popular counterparts, platinum and palladium. Rhodium is corrosion-resistant, contributing to its popularity as a component of automobile catalytic converters, which comprises the majority of its demand and is also used in jewelry and glass making fabrication. In fact, somewhere between 80%-90% of annual rhodium production goes towards the production of catalytic convertors.
Investing in Rhodium
There are no pure rhodium mines in existence. This is because rhodium is an alloy produced entirely as a byproduct of platinum, palladium, and nickel mining. Rhodium production therefore does not necessarily respond to changes in industrial demand. Consequently, prices rise and fall drastically when the supply of rhodium is short.
Industrial demand and the metal’s rarity make rhodium a potentially rewarding investment, but rhodium investing can be challenging. It may be difficult to determine when supply will rise or fall, leading to sharp price changes. This is where Proven and Probable can help. Our insights help take the uncertainty out of your investment decision.
Rhodium Investing Expertise Proven and Probable, is here to help make sense of investing in rhodium 1) junior mining companies that have exposure to rhodium and 2) as a client you may buy or sell 1 oz. rhodium bars. Our expertise is acknowledged worldwide by industry professionals and speculators alike. We provide the latest insights based on exclusive interviews with leaders in platinum, and nickel mining operations, industry research, and connections with experience, successful metal experts who choose to share their wisdom and research.
Guiding your Mining and Mineral Investments
Proven & Probable provides insight into a wide range of resource stocks, helping investors to gather value through a deep knowledge of the mining and mineral exploration sectors.
Investment Insight in Junior Miners and Gold Stocks
At Proven & Probable we have expertise in junior miners, in particular gold stocks, as well as rhodium, platinum, palladium, silver, uranium, copper, nickel, zinc, graphite in Canada.
Our insight is based on many years of studying the industry — not from afar, but by visiting mines and exploration projects around the world and speaking at mining conferences. We have contacts with dozens of leading mining and exploration companies and regularly interview their CEOs and geologists to anticipate the potential catalysts that may cause mining stocks to rise.
We have earned the trust of the most respected names in the industry — on the financial side as well as the geological — and we use that to bring you the best insights into mining company stocks, their proven reserves, and their probable movements.