Aurora Cannabis Inc. (TSX:ACB) has increased its ownership interest in Hempco Food and Fiber Inc. (TSXV:HEMP) to ~35% after exercising warrantsSmallCapPower | March 29, 2018: Hempco Food and Fiber Inc. (TSXV:HEMP) announced on Monday that Aurora Cannabis Inc. (TSX:ACB) has exercised 10,558,676 warrants to buy Hempco common shares for total proceeds to Hempco of $4.3 million. As a result of the exe...Read More
Exploration activities at Nevsun's Timok copper-gold project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX; NYSE American] has announced the results of a pre-feasibility study for the Timok Upper Zone copper-gold project in Serbia, which ranks as one of the world's best development stage copper projects."The PFS confirms the extraordinary value of our wholly-owned Timok Up...Read More
Shaft 1 head gear for the Platreef Project, South Africa. Source: Ivanhoe Mines Ltd.Ivanhoe Mines Ltd. [IVN-TSX; IVPAF-OTC] on Thursday March 29 said a formal proposal outlining recommended changes to the 2018 national mining code has been submitted to the Democratic Republic of Congo's Minister of Mines by a group of international mining companies that includes Ivanhoe.The announcement follows re...Read More
Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (15,367.29, up 197.35 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up one cent, or 0.27 per cent, to $3.75 on 17.1 million shares.Neovasc Inc. (TSX:NVC). Medical devices. Down seven cents, or 46.67 per cent, to eight cents on 13.6 million shares.Prometic Life Sciences In...Read More
Tesla (NASDAQ: TSLA) shorts are enjoying the negative press and credit downgrades and pot stocks are getting hammered. This, and more, in today's Green Chip Minute ...Read More
Enertopia Corporation (OTCQB: ENRT, CSE: TOP) is an exploration and development company, which has engaged Genesis Water Technologies (GWT) to adapt their technology to be able to produce battery-grade lithium carbonate from brines, or the creation of a synthetic brine from the company's lithium project in Clayton Valley, Nevada, U.S., located near Albemarle's Silver Peak lithium brine mine. Enert...Read More
Patience is a virtue.I try to remind myself of this every so often.Unless you're planning on looking at a chart every 30 seconds, then buying and selling your position within the span of a few hours, patience is an absolute necessity.Let's leave the day trading for the herd.We have better things to do with our time, don't we?I'm not talking about those set-it-and-forget-it, multi-decade holds, eit...Read More
Vancouver, British Columbia - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Fjordland Exploration Inc. (TSXV: FEX) ("Fjordland") announces a Letter of Intent has been signed with Unity Resources Inc. ("Unity") granting Fjordland the option to acquire a 65% interest in one mining claim located in the South Voisey's area, Labrador. Under the terms of the agreement, Fjordland has the o...Read More
The justice system is far from blind. And that is the point.The people in control exercise power by deciding when the rule of law is applied, and when it’s suspended.The other day we discussed how some people get 25 years in prison for driving while intoxicated, while others–law enforcement–only get probation for full-blown rape of a prisoner.But the government also gets to manip...Read More
Vancouver, British Columbia - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Prospero Silver Corp. (TSXV: PSL) ("Company" or "Prospero") is pleased to announce the results of the third hole of a 3-hole drill program at the Pachuca SE project close to the historic mining city of Pachua in Hidalgo State, Mexico. Prospero announced earlier this month that it had discovered a new gold an...Read More
SPX Trendline Battle, Relative Strength in RUTWe reviewed the daily charts after yesterday's close and noticed that the Russell 2000 Index, the NYA and transportation stocks all exhibited relative strength (the same holds actually for the DJIA), particularly vs. the FANG/NDX group. This is happening just as the SPX is battling with an extremely important trendline. As we pointed out before, relati...Read More
Kirkland Lake, Ontario - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Mistango River Resources (CSE: MIS) (the "Company") is pleased to report that the Company will drill test 7 anomalies from its newly acquired claim package in the Sackville/Aldina twps. Several identified targets derived from a IP survey and the recently completed work at its 100%-owned Sackville/Aldina Property...Read More
A Word on 1987 Analogies - Why Even Bother?As our friend Dimitri Speck noted in his recent update, the chart pattern of the SPX continues to follow famous crash antecedents quite closely, but obviously not precisely. In particular, the decisive trendline break was rejected for the moment. If the market were to follow the 1987 analog with precision, it would already have crashed this week. Neverthe...Read More
A Colorado School of Mines professor and graduate student spent more than a month at sea researching the relationship between earthquakes, gas hydrates and underwater landslides off the coast of New Zealand. Brandon Dugan, Baker Hughes Chair and associate professor of geophysics, and Sebastian Cardona, a third-year PhD student studying geology, were among the 30 scientists aboard the Internation...Read More
John CummingIn this episode we take a journey deep into the jungle of Suriname to talk with some of the people behind Iamgold’s astounding turnaround of its Rosebel gold mine. Once slated to close in 2018, mine life now extends past 2028, with over 14 million oz. gold in resources. Featured interviews by editor-in-chief John Cumming with GM Suresh Kalathil, CFO Gord Stothart and VP of Explor...Read More
Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More
Miners operating in the Democratic Republic of Congo submitted Thursday a new proposal for the government related to the recently passed new mining code, which substantially increases the cost of doing business in the central African nation.The likes of Glencore, Randgold, Zijin, China Molybdenum and Ivanhoe, among others, are suggesting a sliding scale of royalty rates for key commodities instead...Read More
South Africa's Gold Fields (JSE, NYSE: GFI) and Canada's Asanko Gold (TSX: AKG) are teaming up to develop one of Ghana's newest gold mine, the Asanko Gold Mine (AGM), is located in the country's Ashanti Region.As part of the deal, Gold Fields is acquiring a 50% stake in Asanko's local subsidiary, which gives it a 90% ownership in AGM, for a total of $203 million. The Vancouver-based firm is also g...Read More
Mid-tier gold and copper miner Aura Minerals (TSX:ORA) announced that it is working towards reactivating its Aranzazu and S??o Francisco gold projects in Mexico and Brazil, respectively.During a conference call held to announce its consolidated financial statements for the years ended December 31, 2017 and 2016, President and CEO Rodrigo Barbosa said that besides making efforts to bring the mines...Read More
President Trump wants to start executing drug dealers...In order to fight the ongoing opioid crisis - which kills tens of thousands of Americans annually - Trump has threatened to start actively killing the people providing the drugs."Some countries have a very, very tough penalty. The ultimate penalty," Trump said last month. "And, by the way, they have much less of a drug problem than we do. So...Read More