1. Introduction

It has been a quiet year so far for Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF), as the uranium oxide spot prices dropped off again after a run-up in H2 2018, rising almost 50%, only to pull back another 20% or so from these heights as can be seen at this chart, which can be found on the website of Cameco:

Nonetheless, as one of the premier low cost development plays in the uranium space, Blue Sky managed to continue working on their Amarillo Grande project in the Rio Negro province in Argentina, and recently raised fresh cash.

It seems more and more likely that Standard Lithium (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L) is displaying a serious commitment of giant JV partner Lanxess these days, with construction of the demonstration plant advancing rapidly along the way. Standard managed to arrange a C$5M (US$3.75M) convertible loan and guarantee agreement with Lanxess on October 30, 2019, and has already been paid out to Standard.

Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) recently ended the 7 year long Chinchillas adventure, by closing the deal involving selling its 25% interest in Puna Operations to SSR Mining (TSX: SSRM; NASDAQ: SSRM) on September 19, 2019. Despite a rising silver price since the announcement of the sale on July 22, 2019, and consequently growing unease among shareholders of Golden Arrow about the appropriate value of the Puna asset, no less than 94.62% of represented voting interest voted in favour of the transaction.

1. Introduction

Usually, when I hear about companies pursuing new recovery methods necessary to make uneconomic specialty metals projects economic, I’m very sceptic about their chances of success. The simple reason for this is that developing such methods are very capital intensive, and very difficult to scale up from bench scale (laboratorium scale) to commercial scale pilot plants.

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.

1. Introduction

After publishing the results of the Preliminary Economic Assessment (PEA) for its Ivana uranium/vanadium project in Argentina on February 27, 2019, and filing this study recently on April 12, 2019, Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) positioned itself immediately as a low cost development play in the uranium mining sector.

Usually the standard modus operandi for juniors doing a financing revolves around three things if they can get the money: take it, take it and take it. Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) realized that raising the money in very negative sentiment in Q4, 2018, with tax loss selling projected to have significant impact last year for most companies and probably dragging along everything with it until mid December, wasn’t the smartest thing to do.

1. Introduction

One of my favorite holdings, Adriatic Metals, is still under the radar for a lot of North American investors, being an Australia listed company. It is my strong conviction this is not really deserved, and this situation might potentially not last very long.

Penasquito Mine; source Goldcorp

1. Introduction

After a year of preparations, Kutcho Copper’s (KC.V) CEO Vince Sorace was finally ready to finalize the paperwork, and disclose the names of the consortium partners for the MineHub blockchain initiative, of which he is also the CEO, and founder.

1. Introduction

Although Kutcho Copper remains under the radar of most it seems, it doesn't seem to lose a lot of time, and continues doing the heavy lifting in order to advance their flagship project, the Kutcho high grade copper-zinc project in British Columbia, Canada.