Articles by Travis

New Gold (NGD)

New Gold (NGD) went up against a noteworthy extension venture by endorsing to assemble the Rainy River gold mine in Canada. This was a major wager, in light of the fact that if the gold price would have stayed at $1100/oz, the arrival on venture on the Rainy River task would have been appalling. Luckily, gold is presently exchanging above $1300/oz again and not just does this expansion the edges of Rainy River, it additionally permits New Gold to produce more money on its different properties to subsidize the progressing development exercises.

In the second quarter of

McEwen Mining, Inc.

McEwen Mining, Inc. is a Canadian growing gold and silver producer with projects in the Americas. The goal of McEwen Mining is to be a gainful gold and silver maker in the S&P 500.

The company has operations in Argentina, Mexico and Nevada. Some are underway; others are at investigation or early improvement stage. All inclusive creation for 2016 is figure to be around 144,000 ounces of gold identical.

Analysts like McEwen Mining, as it has, in their perspective, the best administration as Rob McEwen, who claims 25% of the organization. Mr. McEwen has conceivably the

Golden Star Resources Ltd. (GSS)

Golden Star Resources Ltd. (GSS) is a gold mining and exploration company with operation in Ghana, West Africa. The company also conducts gold exploration in other countries in South America and West Africa and. The company’s shares currently trades around 0.80 per share with an average daily volume of 1,443,610.

The company has market capitalization of 220 million with earnings per share of -0.08 in the latest quarter. Its outstanding shares are standing around 350,542,989 while authorized shares are unlimited at par value.

Numerous investigators are giving their Estimated Earnings examination to Golden Star Resources,

IAMGOLD (NYSE:IAG) shares has surged significantly this year

IAMGOLD (NYSE:IAG) shares has surged significantly this year, ascending more than 170% on the back of an ascent in gold prices. This is not shocking as the change in the price of the gold has permitted IAMGOLD to realize a quick change in its budgetary results, particularly the money position.

IAMGOLD has possessed the capacity to capture the rate of drop in its revenue this year on the back of higher gold prices. In the meantime, its working income has begun getting at the end of the day, while gross margin disintegration

Gold Reserve Inc.

Gold Reserve Inc. is an exploration-stage company. It is engaged in the business of acquiring, exploring and developing mining projects. It currently has negative earnings. The company’s stock surged massively in the last couple of weeks following Venezuela settlement.

Gold Reserve Inc will get about $770 million as a major aspect of a settlement with Venezuela for the 2008 seizure of its Brisas gold and copper venture in a course of action that relies on upon the nation securing financing.

Installment is relied upon to be made in two portions: $600 million before the end of

Exeter Resources (NYSEMKT:XRA)

Exeter Resources (NYSEMKT:XRA) owns the Caspiche mine in Chile, which has a massive 40 million ounces of gold Measured & Indicated Mineral Resources. But the gold is in the form of lower-grade sulfide ore that is expensive to mine and process, so the project will require higher gold prices to make it economical. If and when it does become economical, though, 40 million ounces is a lot of gold that the mine can produce.

Exeter stock has done quite well this year too: it has gone from $0.321 on January 19 to $1.38, a 330% gain. But

Entree Gold (NYSEMKT:EGI)

At first look, shares of Entree Gold (NYSEMKT:EGI) may look alluring to financial specialists, yet when you burrow further, shares convey an excessive amount of danger.

The organization has a strong accounting report, with $27 million in real money and no obligation as of the second quarter 2015. Dust storm Gold (NYSEMKT:SAND), Rio Tinto (NYSE:RIO) and Turqoise Hill (NYSE:TRQ) are significant shareholders in the organization as they hold 12%, 11% and 9% of the organization’s shares, which can be seen as an outsider acceptance of the organization’s benefits.

Entree claims 100% of the monstrous Ann Mason venture

Zion Oil and Gas, Inc. (Zion Oil)

Zion Oil and Gas, Inc. (Zion Oil) is an underlying stage oil and gas investigation organization with oil and gas investigation in Israel. It holds two investigation licenses covering roughly 162,100 sections of land coastal in the State of Israel between Netanya in the south and Haifa in the north.

Its outstanding shares are at 36,400,000, while authorized share are standing around 200,000,000.

Zion Oil and Gas had a yearly essential combined EPS of $-0.1953 for the period finished 2015-12-31. For the quarter finished 2015-12-31 which was on quarterly premise, the fundamental

TransAtlantic Petroleum (NYSEMKT:TAT)

At the point when the shareholders of TransAtlantic Petroleum (NYSEMKT:TAT) accumulated for the yearly shareholder meeting, things looked really troubling. The loan specialists needed out and another managing an account relationship was distressfully required. Dropping oil costs were just exacerbating things. Furthermore one of Turkey’s neighbors is battling a common war.

Its outstanding shares are at 40,708,120, while authorized share are standing around 100,000,000.

The organization figured out how to acquire an advance, as expressed in the second quarter report, notwithstanding the fairly precarious circumstance in Turkey and its neighbors. While the term credit may not be

Tengasco, Inc. (NYSEMKT: TGC)

Tengasco, Inc. (NYSEMKT: TGC) as of late declined to acknowledge a buyout offer that esteemed it at $0.2736 per share. The offer originated from a substance calling itself ICN Fund. The leading body of Tengasco took a gander at the offer and in the wake of assessing it deliberately, it turned the decision that it underestimated the organization.

Its outstanding shares are at 60,842,413, while authorized share are standing around 100,000,000.

The inquiry that rapidly strikes a chord at this crossroads is if Tengasco is not worth $0.2736 per share, what is it worth?

The leading

Sanchez Production Partners LP (SPP)

Financial specialists of Sanchez Production Partners LP (SPP) are heading into second half of this current year trusting that the 6 month downtrend will switch itself. Over the past half year shares are down – 22.83% over that time span. All the more as of late the stock is 0.77% in the course of the last 5 exchanging days. Watching somewhat farther the stock is 0.48% for the month and 2.06% for the quarter.

Its outstanding shares are at 58,580,870, while authorized share are standing around 150,000,000.

At the session level, shares of Sanchez Production

Sonde Resources Corp Is Bankrupt Now

Sonde Resources Corp as of late declared that it has recorded an intentional task in liquidation compliant with the arrangements of the Bankruptcy and Insolvency Act (Canada).

Since 2012, Sonde has been seeking after choices for the Joint Oil Block. Most as of late, in March of 2014, Sonde reported that it had drawn in Taylor-DeJongh, Inc. (“Taylor-DeJongh”) to start a procedure to investigate and assess potential vital other options to upgrade shareholder esteem with respect to the Joint Oil Block.

Sonde’s Management and Taylor-DeJongh have effectively sought after all prospects and alternatives accessible

Penn West is Expanding its Production Guidance

At the point when Penn West discharged its most recent quarterly results, the organization announced that it will build its capital costs for 2016 to $90 million, which is twice its recent spending plan. Besides, West has additionally reported that it will burn through $150 million as capital costs one year from now. The organization has gotten consolation to help its spending on the back of the effectiveness of the benefits that stay after its most recent divestiture moves.
Its outstanding shares are at 502,163, while authorized share are standing around 260 million.

Magellan Petroleum Corporation (NASDAQ: MPET)

After somewhat over a year of investigating vital choices, Magellan Petroleum Corporation (NASDAQ: MPET) has reported arrangements to converge with a secretly held LNG organization called Tellurian Investments. The organizations are planning to finish the consolidation procedure before the end of this current year and the joined element is relied upon to go up against another name.

Magellan Petroleum Corporation, through its wholly owned subsidiary, Magellan Petroleum Australia Limited, and its 100% controlling interest in Nautilus Poplar LLC, is engaged in the sale of oil and gas and the exploration for and development of oil