Noram Hits Visible Lithium Hosted Clay In First Hole Of Drill Program
The ongoing drill program being conducted by Noram Ventures (TSXV: NRM) appears to be going quite well. The company this morning announced that the first hole, which was drilled to a depth of 69 metres, has intersected visible lithium hosted clay. The company as a result will be sending the core off for rushed assaying. […]
Medipharm Labs CFO Resigns From Company For Family Reasons
Medipharm Labs (TSX: LABS) this morning announced changes to their leadership team within a brief news release that was issued. The company has revealed that current chief financial officer Robert (Bobby) Kwon has resigned from the company just barely a year after taking on the role. Appointed to the position last November, Kwon effectively took […]
PowerBand Solutions Implements 14 Day Vehicle Return Policy
Sometimes the consumer does come first. PowerBand Solutions (TSXV: PBX) this morning announced that it has put the consumer first when it comes to the large purchases they make on the DRIVRZ virtual transaction platform. The company will be offering drivers up to 14 days to return and exchange a car or truck that they […]
Sundial Revenues Fall 36% To $12.9 Million, Reports Loss Of $71.4 Million In Q3
Sundial Growers (NASDAQ: SNDL) this evening reported its third quarter 2020 financial results, posting revenues of $12.9 million, a 36.3% decline from the $20.2 million in revenues reported in the second quarter. The company posted a net loss of $71.4 million during the quarter, the result of significant write downs. The poor revenue performance demonstrated […]
Green Thumb Posts Q3 Revenues Of $157.1 Million, Net Income Of $9.6 Million
Green Thumb Industries (CSE: GTII) reported its third quarter financial results this evening after the bell, reporting revenues net of discounts of $157.1 million, along with a net income of $10.8 million. Notably, the company also posted positive cash flows from operations during the quarter. Revenues were up 31.3% on a quarter over quarter basis, […]
Hyliion Holdings: Leveraging Existing Alternative Fuel Infrastructure
Hyliion Holdings’ (NYSE: HYLN) debut as a public company in June of 2020 was mostly overshadowed by the contemporary offering of aspiring vertically-integrated truck maker Nikola Motors. As Nikola drew the attention of the auto and business press with brash plans to build full trucks along with a network of hydrogen fueling stations, Hyliion was […]
Tilray: Ladenburg Thalmann Remains Neutral Following Q3 Results
Monday night Tilray Inc (NASDAQ: TLRY) reported its third quarter results. Revenue for the quarter was $51.4 million, flat quarter over quarter, while the company posted a net loss of $2.3 million. Tilray also reported that total kilograms sold decreased by over 50% year over year from 10,848 kilograms to 5,107, while the average price […]
Gold To $2500 By Mid-2021? – The Daily Dive feat Tom Meredith
The Daily Dive today is featuring that of Tom Meredith, Executive Chairman of West Red Lake Gold Mines (CSE: RLG). Tom sat down with our host Cassandra Leah to discuss gold markets in general – from the pricing of the commodity to the effects that it has on the pricing of gold-related operators. Included in […]
Lithium Americas: Results of Tesla Supercharging Test Is A Positive For This Well-Positioned Lithium Miner
Tesla’s Shanghai-made Model 3, which comes equipped with a lithium iron phosphate (LFP) battery, appears to supercharge significantly faster than a similar Model 3 powered by the traditional nickel battery. Tests displayed on China-based website 42HOW showed that the LFP-outfitted model required about 42 minutes to reach a 99% total charge from a 40% charge level, […]
Libya Ramps up Oil Production to 1 Million Barrels Per Day Despite Market Oversupply
Despite the continued subdued global demand for oil, it appears that the already-oversupplied market has been pumped with even more crude. According to a statement released on Saturday by the Libyan government, the country’s oil output has exceeded one million barrels per day since its oil industry became revived. However, the excess inflow into the […]