The FOMC members will gather today for a two-day meeting. It will be the most important event this week, since Powell will chair the meeting for the first time. Gold investors want to get to know him better as the uncertainty makes them a bit nervous. What should we expect from the new Fed Chair?
Big gold and silver miners have a problem: Theyre evaporating. Each year they take more metal out of the ground than they discover, which brings them ever-closer to the end of the road. They know it and their shareholders know it, which means their stock prices tend to languish in the shadow of falling production and depressed future earnings.
I often remind investors to look past the negative and find the positive. Last week provided no shortage of big splashy headline stories, from yet another high-profile personnel shakeup at the White House to a nail-biter special election in Pennsylvanias 18th Congressional District, from Russias alleged nerve agent attack on a former double-agent spy to a tragic bridge collapse in Miami.
Eagle Plains (EPL or Eagle Plains) is pleased to announce that option partner SSR Mining Inc. (formerly Silver Standard Resources Inc.) (SSRM) (TSX: SSRM) (NASDAQ: SSRM) has commenced its 2018 drilling campaign on Eagle Plains 100%-owned Fisher Property. SSRM is planning approximately 18,000m (59,000) of drilling for the property during 2018, with an initial program of 10,000m (33,000) expected to be completed by June, 2018.