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RSD Weekly Recap: K92 Mining (TSX-V: KNT), Hannan Metals (TSX-V: HAN), Kai Hoffmann, Jeff Phillips

April 3, 2018

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

I hope everyone had a great holiday weekend. Let’s get to the numbers.

Gold closed at $1,325 an ounce for a weekly loss of 1.5%.

Silver lost approximately 1% for the week, settling at $16.33 an ounce.

The dollar closed at 90.06 for a weekly gain of 0.6%.

Copper has bounced back nicely, making higher lows this week. It gained 2 cents last week and closed at $3.02/lb.

Platinum settled at $929 for a 1.5% loss.

Palladium lost 2.5% on the week, settling at $947 an ounce.

Zinc gained approximately 2.4%, closing just over $1.49/lb.

Oil closed at $64.96/barrel, losing approximately 1.4%.

Uranium closed at $20.75/lb., down approximately 5%.

I had the chance to catch up with Soar Financial CEO Kai Hoffmann to talk about recent financings in the resource space. He also shared a few stock picks with us.

K92 Mining (TSX-V: KNT) President Bryan Slusarchuk went over impressive results from the first underground exploration drill hole at Kora North.

Hannan Metals (TSX-V: HAN) CEO Michael Hudson explained plans for a substantial 20,000 meter drill program at the Clare Zinc project.

Hannan has an excellent technical team and a substantial land package. I expect a discovery or two this year out of Hannan.

Global Market Development and contrarian legend Jeff Phillips shared his insights into the current state of the resource space and even shared two gold picks.

A lot of people pay a lot of money to get Jeff’s insights. Do yourself a favor and take a listen.

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

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MARKET SUMMARY

INDICES

Name Last Change
DOW 24448.70 0.06%
S&P 500 2670.29 0.01%
NASDAQ 7128.60 0.25%
TSX 15552.06 0.44%
TSX-V 797.41 0.00%

Resource Commodities

Name Last Change
Gold 1326.37 0.57%
Silver 16.68 0.36%
Copper 3.11 0.76%
Platinum 920.50 0.14%
Oil 68.64 0.35%
Natural Gas 2.74
Uranium 24.25 N/A
Zinc 1.47 0.00%

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