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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: LoneClone	2/16/2023 5:10:13 PM
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NRN, EDV, IPT Northern Shield Resourcesaka NRN issued a nothingburger of a PR to tell us that are starting exploration at their Root &Cellar Au/Ag/Cu prospect in Newfoundland. It contains nothing new, so don't waste your time reading it. Message 34191762 I am still deciding what to think about news out of Burkina Faso concerning Endeavour Mining aka EDV. I found several news items concerning the sale of 200 kg of gold produced at EDV's Mana mine to the government under laws designed to serve 'public necessity'. It is reassuring that an EDV spokesman was quoted as saying that the sale was at market prices, but more worrying is the government's use of the word 'comandeered' to describe its actions. Apparently the gold will be sold to gain foreign currency desperately need to fight the Islamist insurgency inside Burkina Faso, but I don't see how the government actually gains unless they are making incremental profits with exchange rates and the such. Maybe someone else can explain this better than I can. EDV's share price dropped over a dollar yesterday as the news came out, but has since regained about half that in today's trading, albeit on a positive day for gold itself. Message 34193048 We get further proof that Impact Silver aka IPT has changed under new management with its second PR in a week, something unheard of under the old regime. A week ago we heard they are buying a producing Mexican zinc mine. Today we hear about drill results from the Aurora 2 deposit, located 13 km south of the Capire mill on its Zacualpan property in Zacatecas, Mexico. The results themselves were decent rather than spectacular, with the Ag/Au/Pb/Zn assays probably needing higher metal prices to be profitable to mine. My favourite phrase from this PR is "Plans are being made for a large drill program in 2023". Yes, things have changed at IPT. Message 34193330

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