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Searchlight Resources has a portfolio of gold projects and will drill and do planned exploration to defining a gold deposit at Robinson Creek. TSXV: SCLT, US: SCLTF.
$GLD $GDXJ
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[Lukas Ekwueme @ekwufinance]

Rick Rule: The world has systematically underinvested in oil.

- The oil industry is underinvesting in sustaining capital by >$1B/day
- This underinvestment will reduce future oil production

Oil is a cyclical industry, and a sustained period of underinvestment will lead to lower production in the future... we are still in the underinvestment period despite high prices.

In addition to the massive underinvestment:

- The industry has to fix oil infrastructure impacted by the Iran war
- The world will have to refill their SPRs
- Countries will expand their SPRs

Hormuz or no Hormuz, the supply/demand picture for oil is favorable over the long term.

[📐triANGLE INVESTOR @capnek123]

The biggest opportunities rarely appear when headlines are optimistic.

They emerge when sentiment is broken, capital has fled, and most investors have given up.

#uranium #copper #gold #silver #commodities #stockmarket

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https://t.co/xDAIzWsmMP

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The taco trade is in. SCLT.V
#gold

[Today I Learned @TodayiLearrned]

FIFA world cup 2026 opening ceremony.

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"We are excited to get back into the field at Robinson Creek to verify historical data and follow-up structural extensions of known mineralized zones. The planned exploration will be the next step to defining a #gold deposit at Robinson Creek," stated Stephen Wallace, Searchlight's chief executive officer. "Given the current gold prices, the Robinson Creek project is becoming a considerable asset to Searchlight and its shareholders.
Robinson Creek highlights:
Initial exploration target ranges from two million to three million tonnes with grades between 1.20 grams per tonne (g/t) to 1.60 g/t gold; amenable to open-pit mining;
Located 16 km west of Creighton, Sask., and Flin Flon, Man., and 15 km from Searchlight's Bootleg Lake brownfield mine site;
Compilation of 70 historical drill holes (totalling 9,618 metres) from the 1940s and 1980s;
Historical drill holes and geophysics outline a zone of mineralization extending at least 1,000 m along the Mosher Lake shear zone;
Recent airborne magnetic surveys have outlined exploration potential along strike and south of the known zones;
Sixty drill holes have gold intersections greater than 1.0 g/t gold;
45 gold intersections have greater than 2.0 g/t gold over at least one metre:
Multiple wide gold intersections:
2.46 g/t gold over 57.60 m in DDH 81-2;
7.59 g/t gold over 10.94 m in DDH HB-6;
3.80 g/t gold over 21.00 m in DDH R07-1;
2.15 g/t gold over 32.00 m in DDH 81-1.
TSXV: SCLT, US: SCLTF. We have projects for option.

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Dow jumps 800 points, oil tumbles as Trump cancels evening strikes against Iran: Live updates. Gold is bouncing back from its decline. Go #gold

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This Week's IPOs
Confirmed today: ERock, Inc. (EROC), a natural gas generator company with $190.77M in TTM revenue and 42.5% revenue growth YoY.
Confirmed today: Parabilis Medicines, Inc. (PBLS), a clinical-stage biopharma company.
Estimated Thursday, June 11: Forbright, Inc. (FRBT), a financial services platform with $591.80M in TTM revenue and 12.0% revenue growth YoY.
Estimated Friday, June 12: MetaOptics (MOT), an optical lens company with $613.2K in TTM revenue and 891.2% revenue growth YoY.
Estimated Friday, June 12: Space Exploration Technologies Corp. (SPCX), a spacecraft manufacturer and space transport company with $19.30B in TTM revenue and 33.2% revenue growth YoY.

[FinancialStockHub @StockHubNews]

Adobe (ADBE) will report tomorrow after market close.

Analysts estimate revenue of $6.45B (+9.87% YoY).
EPS is estimated to be $5.60 (+10.67% YoY).

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Navan (NAVN) will report today after close.

Analysts estimate revenue of $205.14M (n/a YoY).
EPS is estimated to be -$0.02.

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Oracle (ORCL) will report today after close.

Analysts estimate revenue of $19.09B (+20.05% YoY).
EPS is estimated to be $1.89 (+11.18% YoY).

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Meta forced to open up WhatsApp access: The E.U. ordered WhatsApp (META) to restore free access for rival AI assistants while an antitrust probe continues. Separately, Meta plans to lease a 168-megawatt AI data center from India's Reliance Industries (NSE:RELIANCE). Shares are down 11% YTD. Sources: The Verge

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OpenAI eyes Ohio data center: OpenAI is in talks to lease a proposed 10-GW Ohio data center campus backed by Nvidia (NVDA) and SoftBank (TYO:9434), with buildout costs potentially reaching $500B.

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Market recap: The Nasdaq fell almost 1% yesterday after a tech rebound faded, with Micron (MU) and Broadcom (AVGO) down 1%. While the Dow gained modestly, the S&P 500 slumped. Source: CNBC.
Anthropic releases advanced AI: Anthropic debuted Claude Fable 5, a version of its highly capable Mythos AI model that was previously restricted over security concerns. The release includes safeguards. Source: BBC.

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@TedPillows It's about time.

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Searchlight Initiates Plans to Reopen the Underground Ramp at the Past-Producing Rio #Gold #Mine.
Rio Gold Mine closed in 1989 pre-production due to low gold prices.
Completed a single bulk sample of 10,000 tonnes averaging 4.1 g/t Au.
Estimated 1,500 metres of underground workings.
Searchlight has engaged High Grade Mining Consulting Ltd., led by Saskatoon-based mining engineer Gary Haywood, P.Eng., to provide consulting for the reopening of the Rio Gold Mine. Located approximately five kilometres south of Creighton, Saskatchewan and Flin Flon, Manitoba. The Rio Gold Mine is a past-producing mine with an estimated 1,500 metres of modern underground workings.
High Grade Mining Consulting, led by Gary Haywood, will evaluate the conditions and costs required to reopen the underground workings for exploration, development, and future production. Mr. Haywood brings decades of experience in mine operations and project development, including his role as COO of Golden Band Resources in Saskatchewan’s gold mining sector, and most recently as Vice President of Project Development at Fission Uranium Corp., where he advanced the Patterson Lake South Uranium project.
TSXV: SCLT) (OTC Pink: SCLTF.

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Trump boosts coal industry: President Trump announced a $700M investment to support coal mines, preserve current coal plants, and build the nation's first new coal-fired power plants since 2013. Coal stocks like Peabody (BTU), American Electric (AEP), and Hallador (HNRG) climbed 1-5%. Sources: BBC

Oracle Commodity Holding Corp, Oracle is a royalty company with a portfolio of Silver, Nickel, Vanadium, Coal, and Fluorspar properties. CleanTech’s Fluorspar Projects have significant fluorspar resource potential with over 745 historic drill holes in the heart of the Western Kentucky Fluorspar District. Oracle has a well-positioned portfolio and owns 42 million shares of CleanTech Vanadium. TSXV: ORCL. OTCQB: ORLCF.

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Banks plan tokenized deposits: JPMorgan (JPM), Bank of America (BAC), Citi (C), and other major banks will launch a tokenized deposit network in 2027, enabling 24/7 blockchain-based payments and settlements. The initiative aims to defend bank deposits against growing competition from stablecoins and crypto firms. Source: WSJ.

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Silver miner surges in IPO: Sunshine Silver Mining & Refining (SSMR) raised $270M in an IPO valuing the company at $1.9B, with shares jumping 27% on debut. The funds will help restart an Idaho mine as strong silver demand fuels investor interest. Source: WSJ. #slv