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- ⛏ Founders Hit Again
Greetings Contrarian,
Source: Trading Economics, Numerco.
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and start the week on the right foot.
Here are the highlights:
👏 Founders Hit Again
🥁 Kazakh Musical Chairs
🤣 Meme Of The Day
👏 Founders Hit Again
Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname.
Highlights:
15.0 m of 8.18 g/t Au from 63.0 m
26.0 m of 5.52 g/t Au from 44 m
More drills coming soon. Suriname has got the goods.
🥁 Kazakh Musical Chairs
The government of Kazakhstan, the world’s leading uranium producer with a 30% of global supply, led by Prime Minister Smailov, resigned, with President Tokayev accepting the decision. The exact reason for the resignation wasn't stated, but President Tokayev has been advocating for reforms to attract foreign investment.
Government reshuffles are common in Kazakhstan due to the president's centralized power. Political scientist Talgat Kaliyev suggests that the resignation is related to Kazakhstan's economic development, as President Tokayev expressed disappointment with the government's inability to propose an effective economic strategy.
The current government will continue its functions until a new executive is approved. Response from uranium traders has so far been muted. We are watching this like nuclear-powered hawks.
📰 In Other News:
🤣 Meme Of The Day
It's one of those days
— Josh Young (@Josh_Young_1)
3:52 PM • Feb 5, 2024
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The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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