Seeking Alpha

Tahoe Resources

Despite seemingly strong opposition from some shareholders, it looks like the merger between Lake Shore Gold (NYSEMKT:LSG) and Tahoe Resources (NYSE:TAHO) is now a done deal.

On Thursday, Lake Shore Gold announced that it has received overwhelming shareholder approval at the special meeting held to approve the previously announced business combination with Tahoe Resources to be completed by way of a plan of arrangement (the “Arrangement”). The Arrangement was approved by approximately 95.1% of the votes cast by Lake Shore Gold shareholders.

On the same day, Tahoe Resources announced continue reading at Seeking Alpha

Photo Credit: Tahoe Resources

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Klondex Mines (NYSEMKT:KLDX) is a growing junior gold producer that operates the Fire Creek and Midas mines in Nevada. Thus far, I have been impressed with the company’s disciplined approach to focus its efforts more so on maintaining a strong balance sheet and capital structure, from quarter to quarter, as opposed to merely chasing continue reading at Seeking Alpha

 

Photo Credit: Klondex Mines

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With the recent strong performance from gold and gold mining shares, one might want to ponder and ask, “How is gold’s little brother silver doing?”

As of the time of this writing, the spot price of silver is trading at $15.83/oz, up 15% YTD.

So, pretty good… relatively speaking. Silver is starting to climb out of its hole (thanks partially to a dovish Fed), and these strong gains have also translated their way over to continue reading at Seeking Alpha

Photo Credit: Bear Creek Mining

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Gold and gold mining stocks have been surging of late, but like everything else out there, what goes up must come back down, eventually. Since peaking at over $1,280/oz, the spot price of gold, at the time of writing, is now $1,235/oz, down 3.5% in just a matter of days.

For the patient investor, this most recent decline could spell opportunity, especially if a deeper retracement is experienced in the near-term. Gold mining stocks are inherently linked to the spot price of gold, but tend to be even more volatile than the yellow metal itself.

Thus, the following “blue chip” gold stocks, (which should do particularly well once the gold rush resumes its course), are continue reading at Seeking Alpha

Photo Credit: Endeavour Mining

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As recently as January 25, B2Gold (NYSEMKT:BTG) had been one of the worst performing gold stocks to date, declining 38% YTD. At its nadir, the stock was trading for just $0.60.

At the time, not only was the company struggling to deal with a perpetually declining gold price (which impacted all gold companies), but in addition, there was much talk and concern expressed by investors that the company was on the verge of blowing out its share structure much further. The company’s January 11 filing of a final short form base shelf prospectus, would allow for the Company to offer up to $300,000,000 of debt securities, warrants, subscription receipts, units or common shares, or any combination thereof, from time to time during the 25-month period that the Shelf Prospectus is effective.

When you’re a company that already has over 926 million shares issued and outstanding, and close continue reading at Seeking Alpha

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Today, Canadian mid-tier gold producer New Gold (NYSEMKT:NGD) announced plans to enter into options contracts to hedge its bets against a falling continue reading at Seeking Alpha

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Perseus Mining

With the recent run-up in the spot price of gold from the $1050 lows on December 17, 2015 to well over $1,260 today, the gold rush is back! With concerns over the slowdown in global economic growth increasing, even Deutsche Bank has come out and recently declared that it’s time to buy gold. In addition, I think it’s safe to say that the majority of gold mining stocks have also experienced a resuscitation as of late. These days, I know that gold must be entering near-overbought territory, given my cellphone keeps getting pinged throughout the day with friends and relatives asking for mining stock suggestions, which is something that seldom happened last year.

It’s been a pretty wild ride these past couple of weeks, no doubt. As the saying goes, in the early stages of a continue reading at Seeking Alpha

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