Denarius Metals Intersects 25.50 Metres Of 4.40% Copper Equivalent At Lomero-Poyatos
Denarius Metals Corp (TSXV: DSLV) this morning released further assays from a total of nine holes. The results consist of infill and validation holes conducted as part of an ongoing drill program at its flagship Lomero-Poyatos project in Spain. To date, the drill program is said to be 60% complete, with 48 holes completed to […]
CloudMD Sees CEO Step Down From Role, Remain As Director
As the bottom falls out of the telehealth and telemedicine sector, we’re now starting to see the start of management exiting stage left. CloudMD Software & Services (TSXV: DOC) this morning announced that it’s chief executive officer, Dr Essam Hamza, will be stepping down from his role with the firm. Hamza will be leaving his […]
Max Resource Assays 16.8 Metres Of 8.3% Copper, 146 g/t Silver In Latest Channel Samples
The latest assays are in for Max Resource Corp (TSXV: MXR). The company continues to hit significant mineralization within its sampling program as it prepares to conduct its first drill program, this morning indicating it has found yet another high grade drill target at the Uru Zone within the Cesar copper-silver project. This latest sampling […]
Tilray Sees Revenue Decline On A Sequential Basis In Third Quarter
Tilray Brands (TSX: TLRY) this morning posted its third quarter financial results. Despite much blustering within the associated news release, revenues were down on a quarter over quarter basis at $151.9 million, while the company posted a net income of $52.5 million, largely due to non-operating income. Revenue for the quarter was down on a […]
Inflation Fears Among Canadian Businesses, Consumers on the Rise
Both businesses and consumers across Canada are feeling the pressure of rising inflation and supply constraints, further substantiating the need for hawkish rate hikes from Bank of Canada policy makers. The central bank’s latest quarterly Business Outlook Survey showed Canada’s economy is facing added pressure from rapidly rising prices, supply chain disruptions, and a tightening […]
Deutsche Bank Warns of Major Recession if Germany Halts Russian Oil and Gas Imports
Germany is slated for a steep recession if it doesn’t reverse course on halting energy imports from Russia. Faced with the abominable reality of double-digit increases in inflation— which is an inevitable trajectory given the latest 7.3% annual jump in consumer prices last month— Germany is slated for some very though times ahead, especially if […]
Harvest Health: The Bridging Harvest
The Deep Dive has identified Harvest Health as one of three Canadian cannabis companies that insolvent commercial lender Bridging Finance is known to have lent to. No comprehensive picture of the Bridging borrowers is available, key portions of the Ontario Securities Commission’s submission to Bridging’s ongoing receivership having been redacted. This post is part of an ongoing series on […]
Russia Says Ukraine Staged Bucha Corpses But Satellite Images Say Otherwise
A series of satellite images debunked what Russia claims to be staged killings of civilians orchestrated by Ukraine in the town of Bucha “to make headlines in the Western media and accuse Moscow of war crimes.” In a The New York Times report, satellite images from as early as March 11 confirmed that the corpses […]
LNG Firm Excelerate Energy Launches IPO
Liquefied natural gas company Excelerate Energy is looking to go public on the New York Stock Exchange. The firm announced today the launch of its initial public offering of 16.0 million Class A common shares. The energy firm, founded by American billionaire George Kaiser, is targeting the share price between US$21.00 and US$24.00 per share, […]
Are We Overdue For A Recession? – The Daily Dive
Today on the Daily Dive we are joined by one of our regular guests, Mike McGlone, a Bloomberg Intelligence senior commodity strategist. Mike sits down with us to discuss the latest jobs data, his expectations in terms of interest rates, and what metrics he’s watching as they relate to treasuries. Also discussed is his expectations […]