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Visit the BMR comments section throughout the day for updates and helpful information.

1. Gold has traded between $1,317 and $1,328 so far today…as of 7:00 am Pacific, bullion is down $5 an ounce at $1,319…Silver has slipped 9 cents to $16.41…Copper and Nickel are off slightly at $3.11 and $6.16, respectively, while Zinc is unchanged at $1.46…Cobalt has hit a new decade high of $38.56, up 23 cents…Crude Oil has climbed 47 cents to $61.43…OPEC sounded the alarms yesterday about non-OPEC production growth in 2018, particularly from the United States, but the cartel’s supply curbs are continuing to shrink the global glut as most members implement their pledged cutbacks…surplus Oil inventories in developed nations have plunged by 85% from the start of last year…the U.S. Dollar Index has rebounded one-fifth of a point to 89.90…incoming White House economic adviser Larry Kudlow has signaled that President Trump may support a stronger dollar, pursue a second phase of his tax overhaul to make cuts permanent, and take a tougher line on trade with China… minutes after his appointment was announced, Kudlow, an economist and CNBC contributor, was on the network outlining his views on a range of economic fronts, starting with the dollar…in a rare departure for someone about to take a senior government job, he even offered a trading recommendation: “I would buy King Dollar and I would sell Gold.”

2. Prices of major cryptocurrencies are recovering from a sharp downward slide early today amid closer regulatory scrutiny on the space and after Google announced plans to ban advertising related to the sector…the market capitalization or value of all the world’s digital coins dropped as low as $310.4 billion overnight, down from $372.9 billion a day before, according to Coinmarketcap.com which tracks prices based on different exchanges…Bitcoin traded at its lowest level ($7,677) since February 8 before bouncing back…it’s now up slightly for the day, above $8,300…

3. Crystal Lake Mining (CLM, TSX-V), showing strong momentum in the market and on the ground this quarter, is taking aim at Canada’s next potential Nickel sulphide discovery with drilling and geophysics commencing within the next several days at the company’s 100%-owned Nicobat Project in northwest Ontario, approximately 35 km east of the Rainy River Gold mine…according to Dr. Peter Lightfoot, the Rainy River Block is a classic “transform rift environment” featuring strike-slip faults and cross-linking structures associated with mafic intrusions, a favorable setting that provides the opportunity for a “magma highway from the mantle” similar to the Eskay Rift where Garibaldi Resources (GGI, TSX-V) has made an important massive sulphide discovery at Nickel Mountain…Crystal Lake’s Nicobat Project features an historic mineral zone (Nico1), where drilling will commence, and covers a total of 50 sq. km…it’s centered over promising magnetic features, and extensive airborne and ground geophysics will be carried out concurrently with the upcoming drilling to help target potential massive sulphide zones…massive sulphides outcrop at surface at Nico1 with the mineralization showing a high Nickel tenor of 3% to 5%…Lamontagne Geophysics, Canada’s leader in high resolution borehole EM methods, is being brought in to carry out surface and then borehole electromagnetic surveys upon completion of diamond drill holes at Nico1…

4. B2Gold (BTO, TSX) has posted record annual Gold production for the 9th straight year, churning out 630,565 ounces which exceeded the upper end of the revised guidance of 545,000 to 595,000 ounces…for the year ended December 31, 2017, the company recorded net income of $61.6 million (U.S.) or 6 cents per share, including $34.5 million (U.S.) in Q4, compared to net income of $38.6 million (4 cents per share) for 2016…all-in-sustaining costs in 2017 were $860 (U.S.) per ounce, well below guidance of between $940 and $970 per ounce…with the large, low-cost Fekola mine in Mali now in production, B2Gold is on target to achieve transformational growth in 2018 with consolidated Gold production forecast to jump to between 910,000 and 950,000 ounces…this would represent an increase in annual consolidated Gold production of approximately 300,000 ounces in 2018 from 2017…the company’s forecast consolidated cash operating costs are expected to remain low in 2018 (between $505 and $550 per ounce) and all-in-sustaining costs are expected to decrease by approximately 6% to between $780 and $830 per ounce…

5. Arizona Mining (AZ, TSX) continues to find additional high-grade areas well outside of the PEA resource boundary for its Hermosa-Taylor Project in Santa Cruz county, Arizona…the company released results this morning for 5 more drill holes from the current program focused on expansion of the trench vein system, Taylor sulphide zone and Taylor Deeps zone…highlights included HDS-491, a vertical step-out targeting shallow trench vein system (TVS) mineralization on the northern arm of the trench claim…the drill hole intercepted two veins, one of which returned 62 feet assaying 21.4% combined Zinc-Lead and 4 ounces per ton Silver…meanwhile, drill hole HDS-507 returned 223 feet (67.6 m) grading 20.3% combined Zinc-Lead and 8.4 ounces per ton Silver in an angled step-out hole targeting Taylor Deeps mineralization, 300 feet west of HDS-497 reported in late January…

6. The Dow is up 98 points through the first 30 minutes of trading…in Toronto, the TSX is 39 points higher…Premium Brands Holdings (PBH, TSX) – check out that chart – has posted more blockbuster numbers while also increasing its quarterly dividend by 13.1% to 47.5 cents per share…the company has also signed separate agreements to acquire 4 Canadian food firms for $227 million…the Venture has added 2 points to 829…on the CSE, Cannex Capital Holdings (CNNX, CSE) had a successful debut yesterday and is among the volume leaders in early trading today, up 9 cents at $1.43 as of 7:00 am Pacific…

7. National Access Cannabis (NAC, TSX-V) has signed a binding term sheet to expand its business relationship with CannaRoyalty Corp., and will carry CannaRoyalty products in National Access stores in various provinces in Canada, as legally permitted…this non-exclusive agreement expands on an existing business relationship to distribute CannaRoyalty products through National Access’s future Manitoban retail stores.  “Our growing relationship with CannaRoyalty will provide our retail customers with greater access to a diverse portfolio of quality cannabis products at our future locations,” said Mark Goliger, National Access Cannabis CEO.  “Their deep experience successfully supplying branded cannabis products to the Californian marketplace will serve us well as we look to grow our retail footprint outside of Manitoba, to Alberta, British Columbia and beyond. Ultimately, our aim is to offer a balanced approach to retail distribution; providing Canadians with access to high-quality products while maintaining our reputation for secure, safe, and responsible access.”

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