Emerita Sees Continued Success In Spain
Emerita Resources Corp (TSXV:EMO) continues to report excellent results from the Infanta drill program at its Iberia Belt West Project in Spain, which hosts three previously identified high-grade deposits: La Infanta, Romanera and El Cura. These are all open for expansion along strike and at depth. On October 22, the company announced assays for the […]
Bitcoin Briefly Plummets 87% on Binance’s US Exchange Due to ‘Fat Finger’ Error
The crypto market appears to be running into troubles as of late, after bitcoin was sent tumbling by as much as 87% on Binance’s US exchange, before quickly regaining all losses. According go Bloomberg, at exactly 7:34am ET Thursday morning, bitcoin crashed from around $65,000 to a low of $8,200, before quickly reverting to its […]
Amazon: BMO Anticipates Revenue To Hit High End Of Guidance
Amazon.com Inc (NASDAQ: AMZN) announced that it will be reporting its third quarter results on October 28th with their call set for 4:30. The consensus revenue estimate between 42 analysts is $111.571 billion, which is near the high end of the $106 – $112 billion guidance provided by Amazon. Analysts expect gross margins to be […]
America’s Budget Deficit Soars to $2.77 Trillion in 2021 Following MASSIVE Covid-19 Spending
The US racked up yet another record budget deficit for the fiscal year 2021, as the government continued its spending spree throughout the Covid-19 pandemic. The deficit hit $2.77 trillion from October 2020 through to September 2021, marking the second-largest deficit on records dating back to 1945— aside from last year’s eye-watering shortfall of $3.1 […]
Could DWAC’s Success Lead Trump To Invest In Other SPACs?
The President Trump SPAC, Digital World Acquisition Corp. (NASDAQ: DWAC), has been by far the best-performing stock in North America over the last couple of days. The SPAC soared by more than 840% over the two-day period, October 21-22, on titanic two-day volume of more than 625 million shares. To put that in perspective, two […]
Evergrande Sent Tumbling After $2.6 Billion Asset Sale to Rival Developer Falls Through
Shares of soon-to-be collapsing Evergrande were sent spiralling into the abyss on Thursday, after the company failed to materialize a $2.6 billion asset sale to a smaller rival developer. Evergrande— which was once one of China’s largest property developers— is now facing over $300 billion in debt, after negotiations to sell a 50.1% stake in […]
Even After Soaring in its Debut, President Trump’s Social Media SPAC DWAC Could be an Interesting Speculation
On October 20, former U.S. President Donald Trump, perhaps the most polarizing world figure in decades, announced an agreement whereby the newly formed Trump Media & Technology Group (TMTG) will merge in a SPAC transaction with a SPAC sponsor called Digital World Acquisition Corp. (NASDAQ: DWAC). TMTG intends to launch a conservative social network called […]
Tesla’s Closely-Guarded Driving Data Decrypted by Dutch Forensic Lab
It appears that Tesla (NASDAQ: TSLA) is in the hot seat once again, after a Dutch forensic lab was able to decode the EV maker’s classified driver data, revealing a plethora of valuable information that could be used to further examine serious traffic accidents involving Tesla’s Autopilot. According to Reuters, the government-funded Netherlands Forensic Institute […]
Transportation SPAC Pegasus Digital Mobility Acquisition Prices US$200 Million IPO
Blank check company Pegasus Digital Mobility Acquisition Corp. (NYSE: PGSS.U) went public today on the New York Stock Exchange. The company is seeking to raise US$200.0 million through its initial public offering. The offering consists of 20.0 million company units priced at US$10.00 per unit. Each unit is composed of one Class A common share […]
Emerita Resources: Aznalcollar & IBW Update – The Daily Dive
On this weeks final episode of The Daily Dive, we welcome back David Gower, the CEO of Emerita Resources (TSXV: EMO). David joins us to discuss the latest update on the company, his thoughts on base metals, and what he thinks drives prices higher. Emerita Resources is focused on the development of high-grade zinc assets […]