In response to a subscriber’s request, we look into the pre-feasibility study of a gold project in West Africa run by a company we used to hold in the portfolio, and conclude there are a lot of risks underlying the stellar internal rate of return forecast. We also review exploration updates (drill permits and results) from a prospect generator in Mexico and a zinc explorer in the Yukon. A royalty company banks cash from an asset sale.

A Comment has been posted. 

Canada enters the newly minted United States-Mexico-Canada Agreement (USMCA). Markets north of the 49 parallel closed on Monday due to Canadian Thanksgiving. Review of junior gold producer’s asset portfolio in Nevada after the recent site visit. Sale of Russian strategic copper-gold asset by royalty generator. Drilling to support economic development at prospect generator’s gold-silver project in Mexico.