RooGold Enters Land Access Agreements At Top Two Ranked Concessions
RooGold Inc (CSE: ROO) continues to make steady progress as it relates to gaining access to its mineral properties within Australia. The firm this morning indicated it has reached additional land access agreements for multiple properties in which it owns. The land access agreements are for what the company views as its “top two ranked […]
AMC’s Outsized Gains In Valuation Are Wildly Inconsistent With Modest Gains Realized From Hycroft Investment
Shares of AMC Entertainment Holdings, Inc. (NYSE: AMC) have soared over the past two weeks as retail investors’ interest in meme stocks, particularly the core meme stocks AMC and GameStop Corp. (NYSE: GME), has exploded. While not the only reason for the meme stock renaissance, the market’s decision to embrace AMC’s unusual investment in a struggling gold miner, Hycroft Mining […]
Grande Portage Hits 15.42 g/t Gold Over 2.13 Metres In Alaska
Drill results continue to trickle in for Grande Portage Resources (TSXV: GPG). The latest results released this morning come from their fall 2021 drill program, the second such set of results to be received following the company intersecting 51.5 g/t gold over 3.53 metres. “These results have continued to expand our high-grade zones in the […]
MicroStrategy Obtains $205 Million Loan Collateralized With $820 Million In Bitcoin
MicroStrategy Inc (NASDAQ: MSTR) evidently is looking for ways to acquire additional bitcoin. The firm this morning announced that it has entered into a term loan agreement with Silvergate Bank, which will be collateralized by certain bitcoin held by MicroStrategy. The loan is pegged at $205 million, and has been issued to MacroStrategy LLC, a […]
Pond Technologies Closes Out Financing, Raising Aggregate Proceeds Of $1.8 Million
Pond Technologies (TSXV: POND) is now cashed up and ready to begin to execute on its business strategy. The ESG-focused firm last night announced the closing of its second and final tranche of a non-brokered private placement. The second tranche saw the company issue a total of 3.42 million shares at a price of $0.20 […]
Vizsla Silver Intersects 1,803 g/t Silver Equivalent Over 4.00 Metres
Vizsla Silver (TSXV: VZLA) continues to see results come in from its large 120,000 metre drill program at its flagship Panuco project, found in Mexico. The firm this morning confirmed that the latest results have extended the known strike of the Napolean vein to over 2,500 metres. A total of 53 drill holes saw their […]
Sundial Postpones Filing Of Q4 Results Due To SOX Compliance
After pre-scheduling the release date for its fourth quarter financial results, Sundial Growers (NASDAQ: SNDL) last night stuck its tail between its legs. The company indicated late yesterday that it would not be filing its Q4 results today, and instead they will be delayed by up to two weeks. Sundial had previously pre-scheduled the results […]
Tesla Halts Shanghai Plant Production Due to Covid-19 Restrictions
Tesla (NASDAQ: TSLA) has reportedly decided to halt production at its Shanghai plant for several days this week, after the local government ramped up Covid-19 restrictions following an increase in infections in the region. According to Bloomberg which cited people familiar with the situation, production at Tesla’s Shanghai plant was paused on Monday, after government […]
Markets are Headed for Bull Territory? Jim Cramer Seems to Think so
Jim Cramer, best known for his contrarian market evaluations, expressed exuberant emotions last week and boldly declared that the bear market is officially over. The CNBC TV personality passionately exclaimed on Friday that recent market conditions have been situated in bear territory, and will now reverse into a bull market. “There are 600 companies that […]
Roman Abramovich, Ukraine Peace Negotiators Allegedly Poisoned in Kyiv
Russian billionaire Roman Abramovich, along with several Ukrainian peace negotiators, were allegedly the target of a poisoning attack earlier this month following a high-level meeting in Kyiv. According to the Wall Street Journal which cited individuals familiar with the matter, Abramovich, along with at least two senior members of an official Ukrainian negotiating team, developed […]