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RSD Weekly Recap: First Cobalt (TSX-V: FCC), Mawson Resources (TSX: MAW), Fission Uranium (TSX: FCU), Aben Resources (TSX-V: ABN)

May 29, 2018

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

Gold managed a slight gain for the week, settling at $1,300 an ounce for a gain of approximately 0.7%.

Silver settled at $16.46, gaining five cents.

The dollar continues its march higher, settling at 94.2 for a weekly gain of 0.5%.

Copper settled at $3.11/lb.

Platinum gained nearly 2%, settling at $899 an ounce.

Palladium also traded higher, settling at $975 for a weekly gain of approximately 1.4%.

Zinc settled at $1.38/lb., down two cents.

Oil also settled lower, closing at $67.54 for a weekly loss of just over 5%.

Uranium continues ticking higher, settling at $22.88/lb. for a weekly gain of 3.5%.

First Cobalt (TSX-V: FCC)(OTC: FTSSF) CEO Trent Mell took time to go over the cobalt space and his goal of building the first vertically integrated north American cobalt producer.

Chairman and CEO of Mawson Resources (TSX: MAW)(OTC: MWNSF) Michael Hudson went over the latest assays at the Raja prospect. Lots of gold, looks like a lot of cobalt and lots of assays on the way.

President, COO and Chief Geologist for Fission Uranium (TSX: FCU)(OTC: FCUUF) Ross McElroy talked all things uranium including the latest set of great assays from the world-class Triple-R deposit.

President and CEO of Aben Resources (TSX-V: ABN)(OTC: ABNAF) Jim Pettit explained the details of the upcoming drill season at the company’s flagship Forrest Kerr project.

Lots of good exploration happening. The quality teams are delivering despite the lackadaisical trading action. Take a peek at Revival Gold’s news release this morning.

Two million ounces is a nice head start. Congrats to Hugh and the Revival team.

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 24461.70 0.80%
S&P 500 2753.17 0.75%
NASDAQ 7712.95 0.89%
TSX 16335.15 0.53%
TSX-V 755.33 0.00%

Resource Commodities

Name Last Change
Gold 1267.77 0.05%
Silver 16.33 0.06%
Copper 3.03 0.020
Platinum 858.00 0.16%
Oil 65.54 0.26%
Natural Gas 2.97 0.37%
Uranium 22.88 0.00%
Zinc 1.39 0.00%

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