Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed medical cannabis industry, has executed an Expanded Royalty Agreement with Refined Resin Technologies Inc. ("Refined Resin") formerly known as Gram Co Holdings LLC, of Oakland, California. Refined Resin is a cannabinoid research and refinery company that provid...Read More
Canadian crude supplies may remain tight in the coming weeks as Suncor Energy Inc. works to bring its massive Syncrude oil-sands operation back online, a process that the company said won't be completed until September.Pipeline shipments from the facility, which went down last month after a transformer trip cut power to the plant, will be about 60 percent to 70 percent of capacity for August, Ca...Read More
Income investors and retirement fund investors take note: there are stocks on the TSX that pay dividends higher than 6%! Higher than 7%! Higher even than 8%!While it takes some digging around, TFSA and RRSP investors can find yields on the TSX that top 9%. We've found three of them for you. Read on to see which ones to buy and hold for long-term passive income.Labrador Iron Ore Royalty Corp. (TSX:...Read More
Gold and silver prices have continued to lag in July. A rate hike from the United States Federal Reserve in June buried the base value of precious metals prices, as the dollar regained momentum. U.S. indexes also surged on data that showed the country added 213,000 jobs in June.What does this mean for precious metals equities? It has been a mixed bag so far. Wheaton Precious Metals Corp. (TSX:WPM)...Read More
The economy is melting down - the only support for the Propaganda Narrative of a "booming economy" is a rising stock market. Without a doubt Trump has ordered the Working Group on Financial Markets - AKA "the Plunge Protection Team" - to push stocks higher for now so insiders can unload.The huge jump in credit card debt reported yesterday by the Fed was received as "good news" for consumer spend...Read More
Drilling operations at Erdene's Bayan Khundii gold project in southwest Mongolia. Source: Erdene Resource Development Corp.Erdene Resource Development Corp. [ERD-TSX; ERDCF-OTC] has released results for the third series of drill holes from its second quarter 2018 drill program at the company’s 100%-owned Bayan Khundii gold project in southwest Mongolia.“The final results from our Q2 Ba...Read More
Drilling at the Las Minas Project in Veracruz State, Mexico. Source: Mexican Gold Corp.Mexican Gold Corp.‘s [MEX-TSXV; MEXGF-OTCQB; 4QW1-FSE] field exploration program at Pueblo Nuevo, part of the La Minas Project 270 km east of Mexico City in Veracrus State, Mexico, continues to yield high-grade sampling results. Recent assays from sampling of newly discovered surface outcrops and historica...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (up 96.38 points to 16,548.72, a record high)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 14 cents, or 2.66 per cent, to $5.40 on 11.6 million shares.Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 22 cents, or 4.92 per cent, to $4.69 on 5.3 million shares.Neovasc Inc. (TSX:NVC)...Read More
When I was a young lad in the late 1970s, my older brother had an Aerosmith concert t-shirt back when they were jacked up on heroin and cocaine. The shirt read "Night in the Ruts" on the front. On the back, the "N" and "R" were crossed out and transposed with a graffiti font, and it read "Right in the Nuts."To my adolescent mind, it was coolest shirt in the known universe, though my brother would...Read More
Avesoro Resources Inc. (TSX: ASO, AIM: ASO) is engaged in the exploration and development of gold deposits in highly prospective and under-explored areas of Liberia, Burkina Faso and Cameroon. The company's vision is to become a premier, mid-tier, West African gold producer and developer. It plans to achieve this in two ways. First, by focusing on resource definition and conversion to expand Miner...Read More
Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Seahawk Ventures Inc. (CSE: SHV) ("Seahawk") increases property holdings in the Urban-Barry mining area by 287% to 49,988 acres with a phased acquisition over 3 years. Seahawk's property holdings will increase from 6,495 to 18,611 hectares with the final acquisition of Skyfall property. The newest acquisition...Read More
Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cornerstone Metals Inc. (TSXV: CCC) (OTCQB: CCCCF) (FSE: 1PY) ("Cornerstone" or the "Company") is pleased to provide a project update on drilling plans, preliminary engineering, metallurgy and environmental studies on its Carlin Vanadium Project, south of Carlin, Nevada.The Company has secured a drill contrac...Read More
Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to announce being able to model historical drill data and define a 400 metre long high-grade nickel target within a 1,200 metre long horizon of semi-continuous nickel mineralization, north of the former pro...Read More
July 10, 2018 (Investorideas.com Newswire) Jack Chan charts the latest moves in the gold markets and sees the potential for a new "bull leg." Our proprietary cycle indicator is now up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term sign...Read More
July 10, 2018 (Investorideas.com Newswire) In a period of economic uncertainty exacerbated by threats of a trade war, Samuel Pelaez, chief investment officer and portfolio manager with Galileo Global Equity Advisors, delves beyond the headlines to discuss the factors that are influencing gold, oil and other commodities, and why he believes we are on the cusp of a once-in-a-lifetime opportunity in...Read More
Waving the White FlagThe price of gold rose two bucks last week, though the price of silver fell 10 cents. We have seen several analyses recently predicting big price drops, in one case by at least $500 in gold by the end of the year.Is this what capitulation looks like? It's said they don't ring a bell at the top, but they don't ring a bell at the bottom either. The give-up moment arrives... [PT...Read More
A Beginning Shift in Gold FundamentalsA previously outright bearish fundamental backdrop for gold has recently become slightly more favorable. Ironically, the arrival of this somewhat more favorable situation was greeted by a pullback in physical demand and a decline in the gold price, after both had defied bearish fundamentals for many months by remaining stubbornly firm. The eternal popularity...Read More
Today's Wall Street Journal contains a couple of charts that illustrate a relationship that's not getting much media attention these days: The fact that tightening labor markets are forcing companies to raise wages, in the process squeezing their own profit margins. Historically this margin compression has been either a cause of or contributor to cyclical turning points — in other words it c...Read More
We've all seen so many investment fads come and go.It's almost mind-boggling to think back on them, partly for the "what were we thinking?" aspect, partly for how much financial news we've read and mostly forgotten about.There were the day traders before the internet was everywhere. Some of them may have held on until the quantitative traders set up shop next to the exchanges and started front-run...Read More
Last week's top-gaining stocks on the TSX were Treasury Metals, TMAC Resources, Osisko Gold, Alexco Resource and Marathon Gold.Read full newsRead More