This article by Gwen Preston has been published earlier at December 12, 2019 at Resource Maven. This republication is part of a syndication agreement with Genesis Metals.

All pictures are company material, unless stated otherwise.

Genesis Metals (TSXV:GIS) has been around for a decade.

After the first part of my interview with Rick Rule generated quite a bit of attention, I’m pleased to continue with the interview in this second, and equally extensive part, in a series of no less then four parts. As Rick is one of the best speakers in the mining sector, there is no shortage of lengthy, whitty, funny and knowledgeable answers.

1. Introduction

Sometimes I come across a familiar name that seems to be around forever, not achieving remarkable highs or lows, just following its course quietly like a small river or creek. In those cases I often look in vain for upcoming catalysts, as such companies usually don’t have fast-tracking mentioned in their dictionairies.

Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) recently came out with some pretty interesting news on their Indiana gold project in Chile. They managed to amend the definitive agreement with the property owner Mineria Activa, a Chilean private equity investment management firm focused on exploration to production-stage assets in mining.

Several months ago I thought of something different. Wouldn’t it be nice to interview the real movers and shakers in the mining industry? I decided to start with Rick Rule who is present at almost every conference I go to myself, and easily approachable.

1. Introduction

At a time when tax loss selling is at its peak, Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) seems to have bottomed, and is regrouping after the sale of its interest in the Puna operation. New exploration projects have been acquired and exploration is on its way, and with a new focus on gold this time combined with a robust gold price, and by owning a large amount of SSR Mining shares, the company seems ready to generate interesting news starting in Q1 2020.

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.

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.

This article has been republished earlier as part of a syndication agreement with Genesis Metals. The author is Brian Leni of Junior Stock Review.

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.

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.