Thesis Gold Assays 6.07 G/T Gold Over 28.0 Metres At Ranch Gold Project
Thesis Gold Inc. (TSXV: TAU) released today the initial drill results from the recently concluded Thesis III drilling program at the Ranch Gold project in Golden Horseshoe. The assay result yielded 6.07 g/t gold over 28.0 metres. “This new discovery of parallel high-grade gold mineralization proximal to the Thesis III zone demonstrates the significant discovery […]
Frontier Airlines Ends 2021 With US$2.06 Billion In Revenue, Announces US$6.6 Billion Merger With Spirit Airlines
Frontier Airlines, Inc. (Nasdaq: ULCC) released today its fourth quarter and full-year 2021 financial results. The company posted US$2.06 billion in annual revenue, an increase from 2020’s revenue of US$1.25 billion. However, with operating expenses larger than the revenue, the firm ended the year with an operating loss of US$117 million. This compares to the […]
Tesla Subpoenaed By SEC Related To Go Private Settlement Agreement
Tesla (NASDAQ: TSLA) continues to be in hot water as a result of the actions of Elon Musk. The firm this morning in filing its 10-K indicated that it has again been subpoenaed by the Securities and Exchange Commission. The latest subpoena is in relation to a 2018 settlement entered with Tesla related to Musk’s […]
Leafly To Commence Trading On The Nasdaq Today
Leafly Holdings (NASDAQ: LFLY) is finally set to begin trading this morning, following a delay in the closing of its merger with Merida Merger Corp I (NASDAQ: MCMJ). The two firms formally announced the closing of their business combination on Friday evening. Leafly bills itself as a “cannabis discovery marketplace,” which assists users in accessing […]
Impact Silver Hits 487 g/t Silver Over 13 Metres
Impact Silver Corp (TSXV: IPT) this morning released the results of a drill program conducted at its Royal Mines property in Mexico. Drill data collected from the program is reportedly to be used to focus the efforts of its ongoing mining of the property. The drill program consisted of a total of eight holes, which […]
Green Thumb Expands Virginia Footprint To Four Retail Locations
Green Thumb Industries (CSE: GTII) is looking to significantly expand its presence in the state of Virginia. The firm this morning announced that it will be doubling its open retail locations in the state this week as it continues to expand its footprint. The development will see two new locations opened this week, both of […]
Canaccord: Uranium Fundamentals Remain Robust
On February 2nd, Canaccord Genuity Capital Markets’ put out a note on the uranium sector. In their look back at how 2021 played out, they say that “financial players clearly accelerated price discovery in a relatively thinlytraded spot market,” helping push the spot price up 40%. The largest of these financial players, the Sprott Physical […]
Peloton: Wall Street Journal Reports That Amazon And Others Mulling Takeover Bids
After the regular stock market close on February 4, The Wall Street Journal reported that Amazon.com, Inc. (NASDAQ: AMZN), and perhaps other companies, are considering proposing a deal to acquire the struggling fitness equipment manufacturer Peloton Interactive, Inc. (NASDAQ: PTON). In response, Peloton shares soared US$6.50, or 26%, to $US31.10 in after-hours trading. The Journal cited “people familiar […]
Alamos Gold: BMO Production Estimates For Q4 Comes In High
On January 17th, Alamos Gold Inc. (TSX: AGI) reported its fourth quarter and full-year production results, as well as their 2022 to 2024 production estimates. For the fourth quarter, Alamos Gold produced 112,500 ounces of gold bringing the full year 2021 production to 457,200 ounces, coming in the lower range of guidance. Costs have not […]
PayPal Pummeled After 4Q Earnings Report; Selling May Be Overdone
After the regular market close on February 1, Digital payments giant PayPal Holdings, Inc. (NASDAQ: PYPL) reported approximately in-line 4Q earnings and issued disappointing 2022 revenue, earnings and customer growth guidance, mirroring its 3Q earnings release which likewise included less robust than expected 4Q 2021 forecasts. In turn, investors have absolutely pummeled PayPal shares sending them down more […]