Latest news with #EminentGold
The Market Online
23-07-2025
- Business
- The Market Online
Gold Report: Why junior miners are back in vogue
In episode 12 of Contributors Corner, Stockhouse's Lyndsay Malchuk interviews Paul Sun, chief executive officer of Eminent Gold (TSXV:EMNT), a junior miner in Nevada, about the growing trend of major miners increasing reserves through junior acquisitions. Click here for the full story. This content has been prepared as part of a partnership with Globex Mining Enterprises Inc., Eminent Gold Corp., Centerra Gold Inc., Midland Exploration Inc., ElDorado Gold Corp. and Amex Exploration Inc., and is intended for informational purposes only. By the ounce At the time of writing on Tuesday, the price of gold was US$3,441.10, down from US$3,345.90 per ounce in our July 16 report, according to data from The Globe and Mail, with increasing long positions, junior market sentiment and US inflation supporting World Gold Council's thesis for higher prices. This week in gold Globex Mining Enterprises (TSX:GMX) continues to deliver value-accretive developments from its polymetallic 258-asset portfolio, with numerous recent milestones at properties with established resources de-risking the case for an investment. Junior miner Midland Exploration (TSXV:MD) announced a C$5,058,750 financing, through which Centerra Gold (TSX:CG), one of Canada's top gold miners, intends to take a 9.9 per cent position. Striking a similar note, Quebec junior gold miner Amex Exploration (TSXV:AMX) will undertake an up to C$30 million financing, including a C$17.6 million investment from Eldorado Gold (TSX:ELD), a gold and base metals producer that generated 520,000 ounces of gold in 2024, granting it a 17 per cent stake in Amex on an undiluted basis. Top trending gold stocks Join the discussion: Find out what everybody's saying about the junior and major mining stocks in this week's gold report on Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
The Market Online
18-07-2025
- Business
- The Market Online
Contributors Corner Eps 12-Digging Deeper: Why the Big Players Are Betting on Junior Miners"
Contributors Corner, Eps. 12 with Paul Sun Big-cap mining companies are facing a major problem: dwindling reserves and a lack of new discoveries. Instead of taking on early-stage risk themselves, they're increasingly turning to junior explorers to do the heavy lifting—making small caps the new hunting ground for future supply. In this episode of Contributors Corner, we unpack this shift with Paul Sun, CEO of Eminent Gold (TSXV: EMNT), a junior explorer operating in Nevada that's already caught market attention with its high-potential targets and technical team stacked with major mining pedigrees. Paul shares how this surge in strategic interest is reshaping the junior space, what big players are really looking for, and how companies like Eminent are positioning themselves to benefit. With capital tighter than ever, majors are becoming more selective, and the juniors with real assets and seasoned leadership are standing out. 🎙️ Listen in as we explore how this top-down investment trend is creating new momentum for juniors and why it might just mark the start of a major shift in mining's capital landscape. 🌍 Learn more about Eminent Gold at Check out our past issues of Contributors Corner where Michael Succurro from Spark Financial and Lyndsay Malchuk break open the topics that matter most for your portfolio and Bundeep Singh from Fineqia gives us all the 4-1-1 on crypto and blockchain DISCLAIMER: These conversations are packed full of useful knowledge for your portfolio decisions, and remember these are the opinions of our own, with vested interests in particular assets and companies. Always be sure you speak with your Financial Advisor and know your own risk tolerance. For full disclaimer information, please click here To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying check out the rest of Stockhouse's stock forums and message boards.
The Market Online
16-07-2025
- Business
- The Market Online
Contributors Corner Ep. 11: Rate Holds, Rent Wars, and ROI Red Flags
Contributors Corner, Eps. 11 with Michael Succurro This week on Contributors Corner, we're pulling no punches. The Bank of Canada made its latest move, but was it guts or fear that led the charge? And with the recent inflation rate increasing to 1.9%, will the threat of another hold, become a reality? We're talking mortgage pressure, market paralysis, and why investors are now staring down a landscape full of traps, tension, and tiny margins for error. Michael Succurro of Spark Financial returns to unpack what this second rate hold means for the average Canadian. Is it caution or calculated restraint? According to Michael, it's all about preventing a dangerous surge in buyer activity that could reignite bidding wars. But underneath it all—mortgage defaults are ticking up, investors are frozen, and sellers are either panicked or stubborn. The market's locked in a standoff. Sellers are either under pressure or holding firm, convinced they can wait it out. Buyers are circling for bargains, and investors? They're sitting on dry powder, waiting for the real pain to hit. While headlines claim rental prices are dropping, the truth is grimmer, those declines are showing up in overbuilt condo zones, not in the areas people actually want to live. And in a housing market still wildly out of reach for most Canadians, a $100 dip in rent doesn't move the needle. ROI on single-unit condos? Dead in the water. The math just doesn't work. If you're chasing returns, the smart money is heading to multi-unit plays in markets like Alberta, where the cost-to-income ratio still breathes. Meanwhile, fixed and variable rates are neck and neck, bond yields are bouncing, and the best move right now is staying sharp. In this market, hesitation isn't weakness—it's your edge. So what's the move for investors now? 'Don't run—walk,' Michael says. This market doesn't reward panic buys. It punishes them. Heard something you want unpacked even more? Hit us in the comments or DM. 🎧 Listen now to this episode of Contributors Corner—next episode drops soon where we are breaking open why large cap mining companies are now bullish on investing in small caps with CEO, Paul Sun of Eminent Gold. DISCLAIMER: These conversations are packed full of useful knowledge for your portfolio decisions, and remember these are the opinions of our own, with vested interests in particular assets and companies. Always be sure you speak with your Financial Advisor and know your own risk tolerance. For full disclaimer information, please click here To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying check out the rest of Stockhouse's stock forums and message boards.
The Market Online
07-05-2025
- Business
- The Market Online
Eminent Gold delivers more prospective drilling in Nevada
Eminent Gold (TSXV:EMNT) has completed the third drill core hole on its Hot Springs Range project in Humboldt County, Nevada, an analogous asset to the 50-million-ounce Getchell Trend A preliminary visual assessment indicates geological continuity with previous drilling Eminent Gold is focused on generating shareholder value through exploration in Nevada backed by a leadership team with multiple successes in gold discoveries Eminent Gold stock has added 44.83 per cent year-over-year Eminent Gold (TSXV:EMNT) has completed the third drill core hole on its Hot Springs Range project in Humboldt County, Nevada, an analogous asset to the 50-million-ounce Getchell Trend. The drillhole in question, HSC004, tested gold mineralization in and around the northeast (NE)-trending Otis Fault. HSC002, drilled parallel to the fault only 150 metres away, returned multiple gold zones grading up to 8 grams per ton (g/t), as detailed in news releases on January 16 and February 5, 2025. Visual inspection of HSC004 core shows alteration similar to HSC002, suggesting geological continuity between the drillholes, though assays remain pending, including for drillhole HSC003 testing a northwest-oriented structure. The news follows a $3 million investment in Eminent by major producer Kinross Gold (TSX:K) announced on Monday. Leadership insights 'We are very excited about our ongoing drill program at HSRP, with two holes pending assay results, as we are currently planning our fourth hole,' Paul Sun, Eminent Gold's president and chief executive officer, said in a statement. 'The company is well-financed to continue drilling at HSRP, as well as to drill its inaugural holes at the Celts project.' 'According to Nevada Gold Mines, the NE trending faults at Turquoise Ridge provide the best upside potential for expanding the resource and reserve,' added Dan McCoy, Eminent Gold's chief geologist. 'Hole HSC002 indicates that mineralization associated with the NE trending Otis fault provides us with an analogous geometry. However, hole HSC002 did not cross this structure, whereas hole HSC004 is designed to cross the structure at the same depth as the best gold hits in HSC002. We are pleased with the visual results to date.' About Eminent Gold Eminent Gold is focused on generating shareholder value through exploration in Nevada backed by a leadership team with multiple successes in gold discoveries. Eminent Gold stock (TSXV:EMNT) is up by 3.7 per cent on the news trading at C$0.42 per share as of 12:45 pm ET. The stock has added 44.83 per cent year-over-year. Join the discussion: Find out what everybody's saying about this Nevada gold stock on the Eminent Gold Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
