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N.Y. Fed Takes $53.2 Billion of Securities, Treasuries in Repo Op

Is this the beginning of more to come?  The FED has injected $53 Billion to bailout the Repo Market. This is not a good sign for the economy. 

We encourage you to strongly consider adding physical precious metals into your portfolio.  We are active buyers of Silver, Platinum, and Numismatic Gold.  Contact me, Maurice Jackson, directly before you make your next purchase at 855.505.1900 or email maurice@milesfranklin.com.  I look forward to speaking with you.

The following video is from Bloomberg.com


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Categories
Blog Junior Mining

Calibre Mining Closes Over-Subscribed CDN$102.5 Million Equity Financing

Calibre Mining

(TSX.V: CBX | OTC: CXBMF)

Has just closed on a successfully over-subcribed equity financing $102 CAD.  Here is what Russell Ball corresponded with shareholders:

Russell Ball, Executive Chairman of Calibre stated: “Despite a challenging equity financing environment, we were able to raise in excess of our targeted CDN $100 million and I wanted to express my thanks to those investors who participated in the financing for their support of the team and the assets.  I believe we have a unique opportunity to create value by transforming Calibre from a junior exploration company to a multi-asset gold producer with significant exploration upside.  We are excited about the opportunities that lie ahead, so much so that management and the Board subscribed for approximately CDN$6.5 million of the private placement, firmly aligning the interests of management with those of our long-term shareholders, including B2Gold, who after the closing of the Transaction will hold an approximate 31% equity interest in the Company.”

INVESTOR RELATIONS:

RYAN KING

Tel: 604-681-9944
Cell: 778.998.3700
Email: calibre@calibremining.com

https://youtu.be/zuhZaCGomxI

Press Release


Categories
Blog

RIP Barbara Moriarty: It is with the greatest regret…

With a heavy heart, we are sad to share that Barbara Moriarty, the lovely wife of our friend Bob Moriarty, has passed away.  The Natural Resource Space owes a big thank you to the contributions that Barbara has made.  She was the genius and co-founder of 321gold.com.  We ask that you keep the Moriarty Family and the 321gold Family in your prayers through this very, very difficult.  Barbara you will be missed, rest in peace, and enjoy Heaven. . . 


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Categories
Blog

Group Eleven Updates 3D Geological Model at Ballinalack Zinc Project, Republic of Ireland

Group Eleven Resources

(TSX.V: ZNG | OTCQ: GRLVF)

Has just release an update to the 3D Geological Model on its flagship Ballinalack Flagship Project. If you have an iPad use VRIFY app and tap on Group Eleven – Ballinalack project. To have a discussion with Group Eleven contact:T
Investor Relations
Spiros Cacos, MA
Vice President, Investor Relations
T +1 604 630 8839 Ext. 503
E s.cacos@groupelevenresources.com

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