Monthly Archives: January 2020

PDAC 2020 is here soon!

With the mining and commodities business looking healthier today than it has in a years, the 2020 PDAC is coming up quickly!
The PDAC goes from Sunday Mar 01 to Wednesday March 04 this year. A large turnout is expected with lots of juniors reorganized and galvanized, as well as mergers happening to consolidate the industry further. The conference is the biggest of it’s kind in the world and it is not unusual to get more than 25-30,000 people in attendance.

Various juniors had eyebrow raising growth in 2019 which is not going unnoticed by the investment community at large. AMEX Exploration for example (TSXV:AMX) has a 52 week range of .22 to $1.65 and is currently trading in the $1.45 cent range. It was a leader in the juniors and continues to press release very good results from their Quebec properties.
Great Bear Resources Ltd. was another winner in the news quite often in 2019. 52 week hi was $9.70 (cad) with a low of $2.20 (cad). Some serious gains were seen by shareholders in these 2 companies as well as a host of others, while the marijuana/cannabis companies virtually collapsed. Therefore we can make the conclusion that that sooner or later the rest of the exploration juniors may be getting some love which has been sorely missing for many years…

Cryptocurrencies finally rebounding

It has been a long wintery sort of season for cryptocurrency holders, or hodlers as they sometimes refer to themselves. Finally however the cycles have realigned in the positive direction it appears. Bitcoin has surged in the past week and is now trading in the $8,500.00 (US) range after briefly touching $6,900.00 (US) area a couple weeks ago. This is a fairly substantial move and has likely caused many a sigh of relief among crypto fans.

Another interesting thing to note is that various alt coins are following suit with EOS now trading over $3.50 for the first time in over 2 months. EOS has been described as an ‘ethereum killer’ in the past and was designed by top blockchain expert Dan Larimer who also designed the popular blockchain social website Steem. Ethereum itself is moving along nicely with the first mover advantage having kept it ahead of much of the competition. The number of transactions on EOS is rising rapidly however, and a Chinese technology rating paper came out saying EOS was their number one pick out of 30 blockchain companies.

The sector continues to develop along the timeframe which most new technology takes for adoption according to most comments seen around the web, and great things are still expected from this technology, with real world applications beginning to take hold.

Full disclosure, the editor holds a position in EOS coins.