Global Foreign Direct Investment Falls by Nearly 50% Amid Pandemic
The coronavirus pandemic has decimated global markets and trade, plunging the world economy into a deep recession not seen since the Second World War. Now eight months into the pandemic, some of the damage is becoming increasingly evident, and as cases continue to soar with a vaccine still far from reach, the damage to global […]
Stifel Downgrades Aurora Cannabis Price Target To $3.60 Based On Liquidation Analysis
This morning, Stifel downgraded their 12-month price target on Aurora Cannabis (TSX: ACB) (NYSE: ACB) to C$3.60 from C$10.50 and reiterated its hold rating, based on a liquidation analysis of the company. This comes after a news release yesterday, where Aurora stated that they filed a shelf for US$500 million and gave an update to […]
US Trade War With China Failed to Reduce Trade Deficit, Boost Manufacturing
America’s trade war with China has garnished a considerable amount of attention over the past several years, at times even bringing the two superpowers to near Cold War escalations. However, four years into the strained relationship comprised of bitter bickering and a pandora’s box of tariffs, the Trump administration’s key objective of overturning America’s collapsing […]
Trillium Gold Announces 25,000 To 30,000 Metre Drill Campaign In Red Lake
A major drill campaign is now underway at the Newman Todd property in Red Lake, Ontario. Trillium Gold Mines (TSXV: TGM) this morning announced that it plans to undertake 25,000 to 30,000 metres of drilling across its Red Lake properties, the focus of which is the Newman Todd property. Drilling at the property is being […]
Vizsla Contracts Fifth Drill Rig For Panuco Project Under 31,300 Metre Program
Drilling is evidently going too slow for management at Vizsla Resources (TSXV: VZLA) Panuco silver-gold project in Sinaloa, Mexico. The company this morning announced the addition of a fifth drill rig to the currently ongoing 31,300 metre drill campaign, which notably comes from a different drilling contractor than the four drills currently on site. This […]
QYOU Media Sees Ratings Spike 64% Week Over Week
Ratings have spiked for QYOU Media’s (TSXV: QYOU) flagship channel, The Q India. The company reported this morning that its television channel has seen its rating rise 64% on a week over week basis, as measured in gross rating points by the Broadcast Audience Research Council, India’s equivalent of the Nielsen Rating service. The increase […]
Liberty Health CEO Resigns From Company, George Gremse Named As Interim Replacement
Liberty Health Sciences (CSE: LHS) has seen CEO and director Victor Mancebo resign from his role with the company. Effective December 31, 2020, there was no reason provided for the sudden departure. Mancebo had served as Liberty Health’s CEO on a permanent basis just since January 20, when the announcement was made that he had […]
Meta Growth Sees Shareholders Approve Merger With High Tide
The shareholders of Meta Growth Corp (TSXV: META) have officially approved of the proposed merger with High Tide Inc (CSE: HITI). The proposed merger between the two cannabis retailers, once completed, is expected to result in the formation of the largest cannabis retailer in Canada, with over $148 million in annualized revenues. Initially announced on […]
Max Resource Assays 3.0% Copper, 29 G/T Silver Over 250 Metres Via Grab Sample
Max Resource Corp (TSXV: MXR) released further results from its Cesar Copper-Silver property, located in Colombia this morning. The results come from the Herradura Zone, within the AM North portion of the property. Highlights from the data released this morning include an assay of 5.8% copper and 51 g/t silver over 25 metres from a […]
JPMorgan’s Digital Currency Used in Commercial Setting for First Time Ever
It appears that the anticipation buildup of the potential usefulness of blockchain technologies in business applications has finally arrived. For the first time this week, JPMorgan Chase’s digital currency JPM Coin is being used in a commercial setting to send payments around the globe by a large technology client. This latest development has been the […]