SilverCrest Metals Ahead Of Schedule For Las Chispas Mine Development
SilverCrest Metals (TSX: SIL) continues to push forward with what will be its first producing mine, the Las Chispas Project in Sonora, Mexico. The firm this morning indicated construction is currently ahead of schedule, with completion currently earmarked at 86.2% as of the end of December. The mine itself is currently slated for completion by […]
Fire & Flower Closes Purchase Of Pineapple Express Delivery
Fire and Flower Holdings (TSX: FAF) is officially in the delivery business. The firm this morning indicated it has closed on the previously announced purchase of Pineapple Express Delivery Inc. With the purchase of the delivery service, the company now has what it refers to as a “full consumer technology platform” for the cannabis sector. […]
Haywood Reiterates $12 Price Target On Well Health
On January 20th, Well Health (TSX: WELL) provided a business update which included fourth quarter “guidance” as well as they announced that they will be resuming a normal course issuer bid. For the guidance, the company said that it expects to report quarterly revenues that puts the company’s annual revenue run-rate at over C$450 million […]
Goldman Sachs: The Fed Will Hike Rates at Every Meeting Beginning in March
With inflation surging to record levels with each passing month, Wall Street banks are now penciling in substantially more rate hikes this year compared to previous estimates. In a weekend report published by Goldman Sachs economists and seen by Bloomberg, the Fed will tighten its monetary policies a lot more aggressively than previously anticipated. Borrowing […]
Silver Mountain Resources Seeks To Raise $23 Million In TSXV IPO
Mining firm Silver Mountain Resources Inc. is looking to go public on the TSX Venture Exchange. The firm announced today that it is seeking to raise a total of $23 million in its initial public offering. The proposed offering will be conducted through the issuance of 46.0 million company units selling at $0.50 per share. […]
Barse: Rate Hikes Are Here, Don’t Own Fixed Income Instruments – The Daily Dive
Today on the Daily Dive, we sit down with David Barse, a returning guest and the founder and CEO of XOUT Capital. He dives deep on valuations on the broad market (0:48), the outlook of the Microsoft-Activision deal amid pending government review (1:39), the technology sector’s recent decline (4:13), and the impact of rate hikes […]
K92 Mining Announces 2022 Production Guidance Of 115,000 – 140,000 Gold Equivalent Ounces
K92 Mining Inc. (TSX: KNT) shared today its production outlook for 2022. The report highlighted an estimated gold equivalent production of 115,000 – 140,000 ounces, a 34% increase over its 2021 production of 104,196 ounces. “2021 was a record year and we plan to deliver another record year in 2022,” said CEO John Lewins. The […]
OceanaGold Produces 362,807 Ounces In 2021, 106,591 In Q4
OceanaGold Corporation (TSX: OGC) shared today its preliminary results for the fourth quarter and full-year 2021. The firm reported consolidated gold production of 362,807 ounces for the year, hitting above the guidance midpoint of 350,000 – 370,000 ounces. Breaking down the annual production results, its Haile gold mine in the US contributed “an annual record” of […]
Gratomic Extends Fully Subscribed $27 Million Private Placement
Gratomic Inc (TSXV: GRAT) announced on Friday that it is extending its previously announced non-brokered private placement offering until February 8, 2022. The $27.0 million offering is fully-subscribed, according to the company. “It is anticipated that a first closing will be effected on January 26, 2022, with a final closing scheduled for February 8, 2022,” the […]
Canada Nickel Assays 0.23% Nickel Over 501.2 Metres
Canada Nickel Company (TSXV: CNC) announced this morning assays from its various properties. The results highlighted a wide intersect of 0.23% nickel over 501.2 metres at the Dargavel property. The results come from twenty drill holes as part of the regional exploration drilling program. Highlights of the results include: DAR21-01 (at the Dargavel property): 0.23% […]