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RSD Weekly Recap: Junior Miner Junky David Erfle, Fission Uranium (TSX: FCU), Mawson Resources (TSX: MAW), Revival Gold (TSX-V: RVG), Cordoba Minerals (TSX-V: CDB)

January 23, 2018

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

Gold settled lower last week at $1,331 an ounce for a weekly loss of 0.6%.

Silver closed at $17.00 an ounce for a weekly loss of approximately 1.5%.

The dollar closed at 90.60 for a weekly loss of 0.3%.

Copper settled lower, closing at $3.18/lb. for a weekly loss of 1%.

Platinum gained 1.7% last week, closing at $1,010 an ounce.

Palladium was down 1.6%, closing at $1,096 an ounce.

Zinc closed higher, settling near the $1.57/lb. level for a weekly gain of approximately 1.2%.

Oil settled at $63.57 a barrel for a weekly loss of 1%.

Uranium also closed lower, losing approximately 4.2% for the week and settling at $23/lb.

With the holidays behind us and conference season kicking off I expect a lot of news flow.

I had the opportunity to chat with the Junior Miner Junky David Erfle. David shared his thoughts on gold, bitcoin, his due diligence process and even shared a few of his top picks.

Fission Uranium (TSX: FCU) President Ross McElroy updated us on the progress at PLS, including the PFS the company is working on and pending resource estimate.

Should be an exciting program at PLS this year.

Mawson Resources (TSX: MAW) CEO Michael Hudson provided the details of renewed permits at the flagship.

The renewal of the permits is important because I believe mid-tiers and majors are circling the company and any JV would likely not move forward with a fractured real estate package.

Assays are pending and drills are turning.

Revival Gold (TSX-V: RVG) CEO Hugh Agro went over the last set of high-grade results at the past-producing Beartrack project in Idaho.

Revival will be drilling at least 8,000 meters this year at Beartrack, is fully funded, and will be publishing a new 43-101. Get shares while they last at these levels.

Another company with a pending resource estimate is Cordoba Minerals (TSX-V: CDB). CEO Mario Stifano summarized drilling at Alacran and provided details of what to expect in 2018.

The market is still not happy with the HPX deal but shares look very attractive in light of this copper bull market and multiple catalysts this year.

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

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MARKET SUMMARY

INDICES

Name Last Change
DOW 25861.10 0.40%
S&P 500 2753.17 0.75%
NASDAQ 7863.29 0.54%
TSX 16327.38 0.02%
TSX-V 690.78 0.00%

Resource Commodities

Name Last Change
Gold 1192.48 0.12%
Silver 14.75 0.00
Copper 2.66 0.040
Platinum 796.00 0.19%
Oil 66.43 0.78%
Natural Gas 2.94 0.17%
Uranium 26.13 1.28%
Zinc 1.08 0.00%

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