Analysts at Mackie Research Capital crunched the data to stress test which junior miners would thrive, survive or die at $1,000/oz gold and $18/oz silver. In this interview, Barry Allan delves into details on some of those companies.
With potash prices spiking higher in response to surging global foods costs, the world's most advanced "independent" potash project is in the cross-hairs of an increasing number of deep-pocketed suitors.
Western Potash Corp.has received an independent positive prefeasibility study from AMEC Americas Ltd. on its 100%-owned Milestone property in Southern Saskatchewan for possibly more than 40 years at a production rate of 2.8Mt/yr.
With industrial demand almost exclusively driving the price of silver for years, investing in the white metal used to be simpler. Now investment demand is competing with practical demand to push silver prices ever higher.
Mackie Research Capital's Barry Allan, always among Canada's top-ranked mining analysts, says the European currency crisis and crippling debt problems will push gold-and the USD-higher through the rest of 2010.