Part of the Stock Digest group of websites: Visit Tech Stock Digest  

RSD Weekly Recap: Cordoba Minerals (TSX-V: CDB), Hannan Metals (TSX-V: HAN), Leading Edge Materials (TSX-V: LEM), Skyharbour Resources (TSX-V: SYH)

July 18, 2017

This is Gerardo Del Real with the Resource Stock Digest weekly recap

Gold closed the week at $1228 for a weekly gain of just over 1%.

Silver also closed higher at $15.95 an ounce for a weekly gain of 2.4%

This as the dollar closed at approximately 95.09, down 1% for the week. The dollar has started the week in the 94.60 range.

The weakness has led to higher gold and silver prices this week. But despite a 10-month low for the dollar, gold and silver have failed to trade outside of the recent range.

Platinum closed at $919, up approximately 1.5% while palladium closed at $854 for a weekly gain of 2.5%.

Copper also rebounded, closing at $2.67/lb. for a weekly gain of 1.5%.

Uranium closed at $20.75, up $0.37.

Zinc closed the week at the $1.28/lb. level and seems to have momentum after bouncing off the $1.10/lb. level in June.

Oil closed at $46.68 per barrel for a weekly gain of over 5%.

Lots of news and exclusive interviews here at Resource Stock Digest.

I had a very candid interview with Cordoba Minerals (TSX-V: CDB) CEO Mario Stifano on the criticism of the HPX transaction, which consolidated the very prospective San Matias district in Colombia.

I have my eye on undervalued zinc plays with good share structures, experienced management, and exploration potential. I had the chance to speak with Michael Hudson, CEO of Hannan Metals (TSX-V: HAN), a company which checks a lot of these boxes.

Leading Edge Materials (TSX-V: LEM) continues to advance its critical metals portfolio. I caught up with CEO Blair Way who provided an update on the drilling at its lithium project and progress on its flagship Woxna project. I expect lots of news from Leading Edge in the coming months.

Lastly, I spoke with Skyharbour Resources (TSX-V: SYH) CEO Jordan Trimble on the upcoming drill program at the flagship and the state of the uranium market. I feel that the market is bottoming, a process that coupled with the summer doldrums should make every contrarian speculator smile.

That’s all for this week. This is Gerardo Del Real with Resource Stock Digest

View Interview Archive

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

MARKET SUMMARY

INDICES

Name Last Change
DOW 23526.20 0.27%
S&P 500 2597.08 0.08%
NASDAQ 6867.36 0.07%
TSX 16085.38 0.07%
TSX-V 791.95 0.00%

Resource Commodities

Name Last Change
Gold 1291.02 0.09%
Silver 17.09 0.35%
Copper 3.13 0.29%
Platinum 934.50 0.03%
Oil 58.02 2.05%
Natural Gas 2.97 1.65%
Uranium 24.25 N/A
Zinc 1.48 0.00%

@RSDigest ON TWITTER

Part of the Stock Digest family of websites
Small Cap Stock Digest